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2012-66 FY 2011-2012 Country Club Budget AmendmentRESOLUTION 2012 -66 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 FISCAL YEAR 2011 -2012 COUNTRY CLUB BUDGET FOR THE PURPOSE OF TRANSFERRING AND REALLOCATING FUNDS AMONG VARIOUS DEPARTMENTS; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, upon completion of its year -end review of budged expenditures for the North Palm Beach Country Club, the Finance Department has recommended amending the fiscal year 2011 -2012 budget to transfer monies from departments with savings to departments needing additional funds; and WHEREAS, the Village Council may, by resolution, increase and decrease the sums allocated each department so long as total budget appropriation does not change. 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 amendment to the Country Club budget for transfer of amounts listed below: Budget Amendment: Department/Division Type Account # Description Increase Decrease Non - Departmental Operating L8070 -33112 Legal Fees $4,698 Reserves Contingency L8070 -49910 Country Club Contingency $4,698 Total 1 1 $4,698 1 $4,698 Section 3. The Mayor and Village Clerk are hereby authorized and directed to execute the Country Club 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict.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 be effective retroactive to September 30, 2012. PASSED AND ADOPTED THIS 8th DAY OF NO` (Village Seal) ATTEST, N! 01.-