1997-25 Capital Project Fund Budget Amend.ORDINANCE 25-97
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AN ORDINANCE OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, AMENDING
TH E 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 Norih Palm
Beach, is hereby amended as follows:
NORTH PALM BEACH CAPITAL PROJECT FUND:
INCREASE REVENUE:
TITLE
Interest -SBA
Transfer from General Fund
Total
ACCOUNT NUMBER
K3100-08200
K3900-09180
$150,000
125,000
275 000
INCREASE APPROPRIATION:
TITLF,
Principal
Interest
Total
ACCOUNT NUMBER
K8535-49148 $150,000
K8535-49149 125,000
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.
MAYOR
ATTEST:
• VILLA CLERK GG~