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HomeMy WebLinkAboutR2008-31 Budget Amendment Community CenterRESOLUTION 2008-31 • • A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, AUTHORIZING AND DIRECTING THE MAYOR AND VILLAGE CLERK TO AMEND THE 2007-2008 BUDGET FOR THE PURPOSE OF TRANSFERRING $250,000 FROM THE VILLAGE'S UNRESERVED, UNDESIGNATED FUND BALANCE TO THE PARK MAINTENANCE — CONSTRUCTION AND MAJOR RENOVATION ACCOUNT; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, at its March 27, 2008 meeting, the Village Council expressed its desire to earmark $250,000 for improvements to the Village Community Center, payable from the Village's unreserved, undesignated fund balance; and WHEREAS, the Village Council wishes to amend the fiscal year 2007-2008 budget to transfer these funds and determines that the approval of this amendment is in the best interests of the Village and its residents. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA, as follows: Section 1. The foregoing recitals are ratified as true and incorporated herein. Section 2. The Village Council of the Village of North Palm Beach, Florida, does hereby approve the budget amendment for transfer of amounts listed below: Budget Amendment: Description Use Source Sources of Funds: A4600-09100 Appropriated Fund Balance $ 250,000 Uses of Funds: A8023-66210 Park Maintenance -Construction & Major Renovation $ 250,000 Total $ 250,000 $ 250,000 Section 3. The Mayor and Village Clerk are hereby authorized and directed to execute the budget amendment for and on behalf of the Village of North Palm Beach. Section 4. All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 5. This resolution shall take effect immediately upon adoption. mgSEp AND ADOPTED THIS 8th DAY OF MAY, 2008. rap ; illage,Se41) �<f / 277, VILLAGE CLERK MAYOR