HomeMy WebLinkAbout1997-25 Capital Project Fund Budget Amend.•
ORDINANCE 25-97
AN ORDINANCE OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, AMENDING
THE NORTH PALM BEACH CAPITAL PROJECT FUND BUDGET FOR THE FISCAL YEAR
1996-97 TO APPROPRIATE FUNDS IN THE AMOUNT OF $275,000 FOR BIANNUAL
PAYMENT OF THE FIRST UNION BANK LOAN.
BE IT ORDAINED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH,
FLORIDA:
Section 1. Ordinance No. 14-97, the budget ordinance of the Village of North Palm
Beach, is hereby amended as follows:
NORTH PALM BEACH CAPITAL PROJECT FUND:
INCREASE REVENUE:
TITLE ACCOUNT NUMBER
Interest - SBA K3100-08200 $150,000
Transfer from General Fund K3900-09180 125,000
Total $275,000
INCREASE APPROPRIATION:
TITLE ACCOUNT NUMBER
Principal K8535-49148 $150,000
Interest K8535-49149 125,000
Total $275,000
Section 2. This ordinance shall take effect immediately upon passage.
PLACED ON FIRST READING THIS 22nd DAY OF MAY, 1997.
PLACED ON SECOND READING AND PASSED THIS 12th DAY OF JUNE , 1997.
ATTEST:
1 VILLA CLERK
MAYOR