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HomeMy WebLinkAboutDocumentation_Regular_Tab 26_05/12/2005 °�� � ��.. =; � ;�..�.���e���� � ,�� � , *,,- m ,,"` ;� - � ... _ . ___, _... . �,. .. . �� � r�_�:�cr i��,P:��:���� AGENDA ITEMS 26 A& B �i �.�, -�� DATE: MAY 12, 2005 TO: MICHAEL R. COUZZO, VILLAGE MANAGER CC: VILLAGE COUNCIL, VILLAGE OF TEQUESTA FROM: JOANN FORSYTHE, FINANCE DIRECTOR RE: VILLAGE COUNCIL MEETING MAY 12, 2005 In compliance with Ordinance #594, requiring the Finance Director through the Village Manager to advise the Village Council at any time that additional reserves are required that will ultimately result in the original budget being exceeded, please be advised that approving Resolution No. 57-04-OS and Resolution No. 58-04/OS under "Consent" of the agenda for the May 12, 2005 Village Council meeting will result in using additional reserves from the General Fund #001 and Capital Projects Fund #303 and increasing the 2004-2005 General Fund #001 budget by $162,146.23 and increasing the Capital Projects Fund #303 budget by the same amount. 5/12/054:27 PM MEMOl',�1111.D U� : � ��:,� �T�:`.��r � (3�l ��t'`=��L'� DATE: MAY 5, 2005 TO: MICHAEL R. COUZZO, VILLAGE MANAGER CC: VILLAGE COUNCIL, VILLAGE OF TEQUESTA FROM: PATRICE MAQUEDA, ACCOUNTING MANAGER RE: VILLAGE COUNCIL MEETING MAY 12, 2005 CONSENT AGENDA ITEMS 57-04/05 AND 58-04/05 In compliance with Ordinance #594, requiring the Finance Director through the Village Manager to advise the Village Council at any time that additional reserves are required that will ultimately result in the original budget being exceeded, please be advised that approving Resolution No. 57-04-OS and Resolution No. 58-04lOS under "Consent" of the agenda for the May 12, 2005 Village Council meeting will result in using additional reserves from the General Fund #001 and Capital Projects Fund #303 and increasing the 2004-2005 General Fund #001 budget by $162,146.23 and increasing the Capital Projects Fund #303 budget by the same amount. 5/5/0512:52 PM RESOLUTION NO. 57-04/05 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, APPROPRIATING ADDITIONAL FUND BALANCE OF $162,146.23 FROM T�IE CAPITAL PROJECTS FUND #303, TO FUND THE REMAINING RENOVATIONS FOR CONSTITUTION PARK AND BUDGETING THESE FUNDS FOR BUDGET YEAR 2004/2005, ACCOUNT #303-316-663.672—CONSTITUTION PARK IMPROVEMENTS. WHEREAS, Council has approved the renovation of Constitution Park in the amount of $400,000.00, with $200,00.00 coming from a grant from the State of Florida, and $200,000.00 from the Village of Tequesta; and WHEREAS, the project is to be started and completed in the Fiscal Year 2004/2005 Budget; and WHEREAS, the cost of the project has been increased by $162,146.23; and WHEREAS, this additional amount has not been budgeted in the current fiscal year. NOW, THEREFORE, BE IT RESOLVED BY TE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: SECTION 1: The appropriation of additional fund balance of $162,146.23 from the Capital Projects #303 to fund the remaining renovations for Constitution Park, and budgeting these funds for Budget Year 2004/2005 Account #303-316-663.672— Constitution Park Improvements is hereby approved. THE FOREGOING RESOLUTION WAS OFFERED by Council Member who moved its adoption. The motion was seconded by Council Member , and being put to vote, the vote was as follow: FOR ADOPTION AGAINST ADOPTION The Mayor thereupon declared the Resolution duly passed and adopted this 12th day of May, A.D., 2005. MAYOR OF TEQUESTA Jim Humpage ATTEST: Gwen Carlisle, Village Clerk