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HomeMy WebLinkAboutRes 1990-22 Establishes Gas Tank Reserve General Fund AccountRESOLUTION NO. 22-90 A RESOLUTION OF THE,VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA, ESTABLISHING A RESERVE ACCOUNT FOR GAS TANK LEAK AND ALLOCATING FUNDS FROM 1989-90 FISCAL YEAR GENERAL FUND BUDGET TO THE SAID RESERVE. BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA: Section 1. The Village Council of the Village of North Palm Beach, Florida hereby establish a reserve account for gas tank leak, account number A0000 - 24790 and allocate $95,000.00 from the 1989 - 90 General Fund Budget Gas Tank Remedial, account number A5522'- 34615 to the said reserve account. Section 2. the Village staff are hereby authorized and directed to use this reserve strictly and solely for gas tank leak and other related matters. Section 3. This Resolution shall take effect im- mediately upon its adoption. PASSED AND ADOPTED THIS 13th DAY OF September , 1990. 011 0 .. L tr1 W R w A :TTE S T,r' VILLAG LERK MAYOR