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HomeMy WebLinkAboutResolution_24-04/05_12/09/2004RESOLUTION NO. 24-04/05 • A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, APPROVING THE INSTALLATION OF WATER MAINS IN THE COVE POINT SUBDIVISION, HAVING A ESTIMATED COST OF $183,052.00, APPROPRIATING UNRESERVED FUND BALANCE, IN THE WATER UTILITY ENTERPRISE FUND, INCREASING THE 2004/2005 WATER UTILITY BUDGET BY $183,052.00 AND AUTHORIZING THE VILLAGE MANAGER TO PROCEED ON BEHALF OF THE VILLAGE. WHEREAS, the Village of Tequesta seeks to add the Cove Point Subdivision onto its Water Distribution System and, WHEREAS, The Village of Tequesta has received signatures from 30 residents in the Cove Point Subdivision agreeing to be added to the Village of Tequesta's Water Distribution and, . WHEREAS, Cove Connect fees $107,642 and, Point Subdivision Capital are projected to generate WHEREAS, there are 12 additional residents in Cove Point who could generate additional revenues of $43,058.00 in Capital Connect fees and, WHEREAS, Cove Point Subdivision water accounts will generate ongoing revenues, NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: Section 1. Consideration to proceed with the applicable documents to install water mains in the Cove Point subdivision with an estimated cost of $183,052.00, attached hereto as Exhibit "A" and incorporated by reference as a part of this Resolution is hereby approved and the Village Manager of the Village of Tequesta is authorized to execute the same on behalf of the Village. • ~~ ~J THE FOREGOING RESOLUTION WAS OFFERED by Councilmember Humpage, who moved its adoption. The motion was seconded by Councilmember von Frank, and upon being put to a vote, the vote was as follows: FOR ADOPTION Pat Watkins AGAINST ADOPTION Geraldine A. Genco Edward D. Resnik Russell J. von Frank Jim Humpage The Mayor thereupon declared the Resolution duly passed and adopted this 9th day of December, A.D, 2004. MAYOR OF TEQUESTA Pat Watkins • ATTEST: ~7 1 ~~11111111//// Gwen Carl i s l e `~~~~~~ p F TF i~~i~' Village Clerk `.~`QC?o~p pRgT~,G~~i~ .>': •y= SEAL :.INCORPORATED: ~/1111 I li\1\~