HomeMy WebLinkAboutResolution_77-06/07_09/13/2007RESOLUTION N0.77-06107
A RESOLUTION OF THE VILC UNTY UFLORIDA, AMENIDING AND
TEQUESTA, PALM BEACH
INCREASING THE 2006/2007 N A ACCOUNT Y # 401 000 363.101,
INCREASING REVENUES I
"INTERLOCAL-MARTIN COUNTI(ITROPIC VISTA" IN THE AMOUNT OF
$7,950.43 AND INCREASING ATER NOTES PAYABLOE WITH BANK OF
571.705, "PRINCIPAL - 2004 W
AMERICA" IN THE AMOUNT OF $7,950.43
WHEREAS, the Village of Tequesta has received additional assessment revenue
from Martin County residents (Tropic Vista) andted to the cost of extending water lines and
supplying water to these water customers,
WHEREAS, The Village of Tequesta desires to use the additional revenue to pay
additional principal on the debt associated with the above mentioned cost; and
WHEREAS, approving this resolution will increase the current 2006/2007 Budget by
$7,950.43; and
WHEREAS, approving this resolution will NOT affect Fund Balance,
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE OF TEQUESTA, PALM
BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1. The amendment increasing the 2006/2007 Water Utility Budget in the
amount of $7,950.43, by increasing budgeted revenues and expenditures and authorizing
the Village Manager to proceed on behalf of the Village is hereby approved.
Section 2 This Resolution shall become effective immediately upon passage.
The foregoing Resolution was offered Member Ame~o andkupon beingoputto aavotet'the
The motion was seconded by Cou
vote was as follows:
For Adoption Against Adoption
Mayor Jim Humpage X
Vice-Mayor Pat Watkins X
Council Member Dan Amero X
Council Member Tom Paterno X
Council Member Calvin Turnquest X
The Mayor thereupon declared the Resolution duly passed and adopted this 13 day of
September, 2007.
MAYOR OF TEQUESTA
a
Ji umpage
ATTEST:
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Lori McWilliams, CMC '>'~ S``~;~ ;;~ ~_-
Village Clerk - ~iwcv~~c;;„~~~~,;'
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