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HomeMy WebLinkAboutR2008-75 Budget Amendment Capital Projects Fund• • RESOLUTION 2008-75 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 BUDGET FOR THE PURPOSE OF TRANSFERRING UNUSED CAPITAL EXPENDITURE MONEY TO THE CAPITAL PROJECTS FUND FOR USE IN THE 2008-09 FISCAL YEAR; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Village Council seeks to set aside approved capital project items included in the budget for Fiscal Year 2007-08, for which purchase orders were not issued by September 30, 2008, through a transfer into the Village Capital Projects Fund to allow use of these funds during the 2008-09 Fiscal Year. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA, as follows: Section 1. The Village Council of the Village of North Palm Beach, Florida, does hereby approve the budget amendment for transfer of capital expenditures listed below. Budget Amendment: Description Use Source Sources of Funds: General Fund A7321-66210 Construction & Major Renovation Street Projects $ 70,648 A8023-66210 Construction & Major Renovation Community Center 52,969 A8050-66210 Construction & Major Renovation Tennis Facility 239,979 Total $ 363,596 Uses of Funds: Capital Projects Fund K7321-66210 Construction & Major Renovation Street Projects $ 70,648 K8023-66210 Construction & Major Renovation Community Center 52,969 K8050-66210 Construction & Major Renovation Tennis Facility 239,979 Total $ 363,596 Section 2. 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 3. All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 4. This resolution shall take effect retroactive to September 30, 2008. p ADOPTED THIS 13th DAY OF NOVEMBER. 2008. • 4,,E (VillageSeal): ;ATTEST: • VILLAGE CLERK 7