HomeMy WebLinkAboutResolution_34-04/05_01/13/2005 .
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RESOLUTION N0.34-04/05
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, PALM BEACH COUNTY, FLORIDA, UNAPPROPRIATING
FUND BALANCE AND DECREASING THE BUDGETED AMOUNT IN
ACCOUNT #401-414-662.634 FOR FISCAL YEAR 2004/2005 IN THE
AMOUNT OF $437,095.00 RELATED TO THE INSTALLATION OF THE
WATER MAIN IN THE TROPIC VISTA SUBDIVISION, AS THE
ESTIMATED CONSTRUCTION COST OF THE PROJECT IN BUDGET
YEAR 2004-2005 IS ESTIMATED TO BE $465,000.00
Whereas, Construction costs for the installation of the water main in the Tropic Vista
subdivision is estimated to be $465,000.00 in budget year 2004-2005 and;
Whereas, Account #401-414-662.634, Water Utility, Capital Expansion Projects,
Construction -Water Main extension, Tropic Vista, has a current budget amount of
$902,095.00 and;
Whereas, The Village Council of the Village of Tequesta, Florida desires to budget only
the amount needed to fund the current budget year's cost of that project.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF
THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS
FOLLOWS:
SECTION 1: A Resolution decreasing the budgeted amount in Account # 401-414-
662.634 for Budget Year 2004/2005 by $437,095.00 and un-appropriating Fund Balance
for that amount, which will result in account #401-414-662.634 having an amended
budget amount of $465,000.00 for the 2004-2005 budget year.
THE FOREGOING RESOLUTION WAS OFFERED by Council Member Humpage
who moved its adoption. The motion was seconded by Council Member Resnik, and
being put to vote, the vote was as follow:
FOR ADOPTION AGAINST ADOPTION
Pat Watkins
Geraldine A. Genco
Edward D. Resnik
Russell J. von Frank
• Jim Humpage
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• The Mayor thereupon declared the Resolution dul assed and ado
January 13, A.D., 2005. y p pted this 13th day of
MAYOR OF TEQUESTA
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Pat Watkins
ATTEST:
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G en Carlisle ' INCORPORATED:
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Villa e Clerk ^, e •
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