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HomeMy WebLinkAboutResolution_40-14_12/29/2014 RESOLUTION NO. 40-14 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, INCREASING THE GENERAL FUND #001 2014/2015 BUDGET IN THE AMOUNT OF $289,660.00 TO FUND THE PURCHASE OF POLICE VEHICLES AND AUTHORIZING THE VILLAGE MANAGER TO PROCEED IN ACCORDANCE WITH THE VILLAGE'S ADOPTED PROCEDURES; PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. WHEREAS, the Village of Tequesta desires to fund the purchase of seven (7) police vehicles in the current General Fund budget year; and WHEREAS, The funding for the police vehicles are not currently budgeted and the following accounts need to be increased and funded as follows: Capital Lease at Inception 001 - 910 - 383.100 Increase $235,000.00 Appropriate Fund Balance 001 - 990 - 399.999 Increase $54,660.00 Vehicles 001 - 175 - 664.602 Increase $235,000.00 Principal — 2015 PD Vehicles 001- 700 - 571.710 Increase $50,422.00 Interest — 2015 PD Vehicles 001 - 700 - 572.710 Increase $4,238.00 NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: SECTION 1 : The Village Council of the Village of Tequesta, Florida, hereby approves increasing the General Fund #0012014/2015 Budget by $289,660.00 to fund the purchase of police vehicles. SECTION 2: This resolution shall become effective immediately upon passage. RESOLUTION 40 -14 MOTION SECOND Council Member Steve Okun Vice -Mayor Vince Arena VOTE FOR ADOPTION AGAINST ADOPTION Mayor Abby Brennan 0 ❑ Vice -Mayor Vince Arena El 0 Council Member Steve Okun 0 El Council Member Tom Paterno El Council Member Frank D'Ambra 0 El The Mayor thereupon declared the Resolution duly passed and adopted on 12 -29 -2014 MAYOR OF TEQUESTA big"rennan ATTEST: OF P. 'P F Lori McWilliams, MMC ' �� �Gc� Village Clerk IN ORp R, rFO . PLO