2015-14 Country Club Fund Budget AmendmentORDINANCE NO. 2015-14
AN ORDINANCE OF THE VILLAGE COUNCIL OF THE VILLAGE OF
NORTH PALM BEACH, FLORIDA, AMENDING THE ADOPTED COUNTRY
CLUB FUND BUDGET FOR FISCAL YEAR 2014 -2015 TO APPROPRIATE
$264,000.00 TO FUND THE MASTER PLAN COMPONENT OF THE
COUNTRY CLUB ARCHITECTURAL DESIGN SERVICES AND
AUTHORIZING THE MAYOR AND VILLAGE CLERK TO EXECUTE THE
BUDGET AMENDMENT ON BEHALF OF THE VILLAGE; PROVIDING FOR
CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, Village Administration recommended transferring $264,000.00 from the Country
Club Reserve /Retaining Earnings to fund the Master Plan Component of the Country Club
Architectural Design Services; and
WHEREAS, because the transfer of funds from the Reserve /Retained Earnings increases the
total amount of the Country Club Fund budget, this transfer must be accomplished by ordinance
as required by Section 166.241, Florida Statutes, Florida Statutes; and
WHEREAS, the Village Council determines that the adoption of this budget amendment is in the
best interests of the residents and citizens of the Village of North Palm Beach.
NOW, THEREFORE, BE IT ORDAINED BY THE VILLAGE COUNCIL OF NORTH PALM
BEACH, FLORIDA as follows:
Section 1. The foregoing recitals are hereby ratified as true and correct and incorporated
herein.
Section 2. The Village Council hereby amends the adopted Village of North Palm Beach
Country Club Fund budget for Fiscal Year 2014 -2015 as follows:
Budget Amendment:
Account
Description
Use
Source
Country Club:
L4600 -09100
Appropriation of Retained Earnings
$ 264,000
L8056 -33190
CC Admin — Professional Services
$ 264,000
Total Country Club Fund:
$ 264,000
$ 264,000
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 ordinances and resolutions, or parts of ordinances and resolutions, in conflict
herewith are hereby repealed to the extent of such conflict.
Section 5. This Ordinance shall be effective immediately upon adoption.
PLACED ON FIRST READING THIS 27th DAY OF AUGUST, 2015.
PLACED ON SECOND, FINAL READING AND PASSED THIS 24th DAY OF SEPTEMBER, 2015.
(Village Seal)
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ATTEST:
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VILLAGE CLERK
APPROVED AS TO FORM AND
LEGAL SUFFICIENCY:
VILLAGE ATTORNEY