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HomeMy WebLinkAboutResolution_22-21_4/8/2021RESOLUTION 22-21 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, AMENDING AND INCREASING THE 2020/2021 STORM WATER UTILITY FUND #403 BUDGET BY APPROPRIATING FUND BALANCE IN THE AMOUNT OF $271,982.00 TO FUND DRAINAGE IMPROVEMENTS PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. WHEREAS, numerous segments of stormwater collection piping have been experiencing increasing rates of failure due to age and deterioration resulting in higher maintenance costs and increased flooding and safety risks to the community; and, WHEREAS, inspections of the stormwater collection system have identified nearly 5,200 feet of failed stormwater piping; and, WHEREAS, to address these issues, the replacement and/or lining of approximately forty-four segments of failed storm water piping is required throughout the Village; and, WHEREAS, the following accounts will be increased to fund the repairs: Revenues Appropriate Fund Balance, 403-990-399.999, $271,982.00 Expenditures Drainage Improvements, 403-411-663.663, $271,982.00; and, NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: Section 1: Resolution 22-21 amending and increasing the 2020/2021 Storm Water Utility Fund #403 Budget by appropriating fund balance in the amount of $271,982.00 to fund drainage improvements is hereby approved; Section 2: This Resolution shall become effective immediately upon passage. RESOLUTION Date 22-21 4/8/2021 Motion Council Member Bruce Prince Second Vice -Mayor Kyle Stone FOR AGAINST ABSENT CONFLICT Mayor Frank D'Ambra, III ®x M 11 Vice -Mayor Kyle Stone ®x M ® r7 Council Member Laurie Brandon ®x ri ® M Council Member Molly Young ®x ® ® ri Council Member Bruce Prince ®x ® r7 n The Mayor thereupon declared the Resolution duly passed and adopted. MAYOR OF TEQUESTA: Frank D'Ambra, III ATTEST: EA -� Liio ori McWilliams, MMC OF'� Village Clerk