HomeMy WebLinkAboutDocumentation_Regular_Tab 09_02/12/2015 Print Form
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AGENDA ITEM ROUTING SHEET �
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Meeting Date: Meeting Type: Regular Ordinance #:
Feb 12, 2015 Consent Agenda: Yes Resolution #: 12-15
Originating Department: Finance
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INCREASING THE FISCAL YEAR 2014/2015 GENERAL FUND 13111)C�1-T BY °i;3>,115.O0; APPROPRIATING
FUND BALANCE AND INCREASING EXPENDITURES IN THAT AMOUNT TO FUND THE PAYMENT OF A
NON-AD VALOREM ASSESSMENT AND CONNECTION FEES FOR THE SEWAGE COLLECTION LINES IN
THE `TEQUESTA PARK ASSESSMENT AREA'
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Account #: 001-210-563.600 Amount of this item: $32,220
Budgeted amount available: N Amount remaining after item:
Budget transfer required: Appropriate Fund Balance: Yes
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This resolution requests an appropriation of fund balance to fund for the special assessment and connection
fess to connect Tequesta Park to the sewer collection lines.
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Department Head
Legal (for legal sufficiency)
Finance Director or Representative ,� ^ q `�
Reviewed for Financial Sufficiency 0 j '�Cl�`'"
No Financial Impact �
Village Manager: ... - -
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Submit for Council Discussion: � � "'���� '' .
Approve Item: ❑
Deny Item: �
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Form Amended: 10/30/14
RESOLUTION NO. 12-15 '
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, INCREASING THE FISCAL YEAR 2014/2015
GENERAL FUND BUDGET BY $32,220.00; APPROPRIATING FUND
BALANCE AND INCREASING EXPENDITURES IN THAT AMOUNT TO
FUND THE PAYMENT OF A NON-AD VALOREM ASSESSMENT AND
CONNECTION FEES FOR THE SEWAGE COLLECTION LINES IN THE
`TEQUESTA PARK ASSESSMENT AREA'; PROVIDING FOR
SEVERABILITY; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER
PURPOSES.
WHEREAS, the Village leases Tequesta Park and is responsible for
assessments and improvements under the lease agreement;
WHEREAS, an appropriation of Fund Balance is required to fund this project;
WHEREAS, the following budgeted accounts will be increased:
Revenues:
Appropriate Fund Balance, #001-990-399.999 $32,220.00
Expenditures:
Public Works Misc Projects, #001-210-563.600 $32,220.00
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 hereby adopts Resolution 12-15 increasing the
fiscal year 2014/2015 General Fund Budget by $32,220.00, and appropriating
Fund Balance and increasing expenditures in that amount.
Section 2 This Resolution shall become effective immediately upon passage.
EXHIBIT "A"
FiNAL ASSESSMENT ROLL
LOXAHATCHEE RIVER ENVIRONMENTAL CONTROL DISTRICT
TEQUESTA PARK ASSESSMENT AREA � �� � -
TOTAL COSTS AND EXPENSES RELATED TO THE IMPROVEMENTS. The District shall
consider the total costs and expenses related to the improvements in the TEQUESTA PARK
Assessment Area sha11 be $21,349.00 per parcel of property in the TEQUESTA PARK Area.
APPORTIONMENT OF COSTS BETWEEN THE DISTRICT AND THE PROPERTY
, OWNERS. The District shall pay from the District's general funds ten percent (10%) of the total
cost to the District of construction, reconstruction, labor, materials, acquisition, or property
rights, surveys, design, engineering, and legal fees, administration expenses, and all other
expenses necessary or incidental to completion of the specially assessed improvement and each
lot or parcel of land subject to this special assessment sha11 be responsible for ninety percent
(90%) of the total cost.
ASSESSMENT BASED ON PARCEL OF PROPERTY. Each Parcel of Property in the
TEQUESTA PARK Assessment Area iden'tified on EXHIB•IT "B" shall be currently assessed in
the amount of $19,214.10.
• PAYMENT OF ASSESSMENT. As to Parcels of TEQUESTA PARK Assessment Area
Property in EXHIBIT "B", the $19,214.10 assessment may be paid, interest free, at the office of
the District on or before May 1, 2015.
Owners who do not pay the $19,214.10 assessment on or before May 1, 2015 shall have the
$19,214.10 principal added to the tax roll as a non-ad valorem assessment to accrue interest
at six and seven eights percent (6.875%) per annum, to be coIlected in twenty (20) equal
annual installments of 1796.09, commencing with the November 1, 2015 Real Estate Tax
Bill.
LOXAHATCHEE RIVER ENVIRONMENTAL CONTROL DISTRICT
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By' I
D. Albrey Arrington, District Clerk, Executive Director � �
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