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1996-018 Purchasing Rules & RegulationsRESOLUTION 18-96 • A RESOLUTION OF THE VILLAGF, COUNCIL OF NORTH PALM BEACH, FLORIDA, AMENDING THE PURCHASING RULES AND REGULATIONS FOR THE VILLAGE OF NORTf I PALM BEACH TO ADD SECTION 1 I FOR ACCOUNTING AND RECORDING OF FIXED ASSF,TS AND AMENDING SECTION 5.01 TO INCREASE THE PURCHASE ORDER RI3QUIRI:MFiNT FROM $200.00 TO $500.00 FOR THE PURCHASES. NOW, THGREI~ORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA: Section 1. The Purchasing Rules and Regulations of the Village of North Palm Beach to include Section 11 titled "Fixed Assets Accounting and Recording" attached hereto as Exhibit ..A,. Section 2. Section 5.01 of the Purchasing Rules and Regulations of the Village of North Palm Beach is hereby amended to read as follows: • "5.01 Use of Purchase Orders I'or all regular purchases of $500.00 or more the purchase order will be used. Exceptions are enumerated in number 5.05 and sections 6 and 7" Section 3. This Resolution shall take effect immediately upon passage. I'ASSI:I) AND ADOPTED THIS 14th DAY OF March, 1996. MAYOR ATTEST: • VILLAGE CLERI'