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HomeMy WebLinkAboutResolution_54-19_11/14/2019 RESOLUTION NO. 54-19 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, AMENDING AND INCREASING THE 2019/2020 WATER FUND #401 BUDGET BY APPROPIATING FUND BALANCE IN THE AMOUNT OF $27,000.00 TO FULLY FUND THE BEACH ROAD WATER MAIN REPLACEMENT PROJECT; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. WHEREAS, the initial cost of the Beach Road water main replacement project is estimated to be $353,000.00; and WHEREAS,the Fiscal Year 2019/2020 Water Utility Budget currently includes $326,000.00 for this project; and WHEREAS, an additional $27,000.00 is required to fully fund the project; and WHEREAS,the following accounts will be increased: Revenues Appropriate Fund Balance,401-990-399.999, $27,000.00 Expenditures R&M-Water Mains,401-411-546.307, $27,000.00 NOW,THEREFORE,BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA,PALM BEACH COUNTY,FLORIDA,AS FOLLOWS: Section 1 Resolution No. 54-19 amending and increasing the 2019/2020 Water Fund #401 Budget by appropriating fund balance in the amount of$27,000.00 to fully fund the Beach Road water main replacement project; providing an effective date; and for other purposes. Section 4 This Resolution shall become effective immediately upon passage. "•pot 4i i(Q r �M COUM� RESOLUTION Date 54-19 11/14/2019 Motion Second Vice-Mayor Kristi Johnson Council Member Kyle Stone VOTE FOR ADOPTION AGAINST ADOPTION ABSENT Mayor Abigail Brennan ✓ Vice-Mayor Kristi Johnson Iv l Council Member Vince Arena 1 Council Member Laurie Brandon ✓ Council Member Kyle Stone ✓ The Mayor thereupon declared the Resolution duly passed and adopted. ®F MAYOR OF TEQUESTA ATTEST: °°Ca.•• INCOR o AL i>_14 RATED,: • „,,,,lli,F.� ,,,,,,,”. zA Aux_ Abigail :rer i.n Lori McWilliams, MMC Village Clerk