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RESOLUTION 59-15, A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, INCREASING THE FISCAL YEAR 2014/2015 GENERAL FUND BUDGET BY $70,000.00; APPROPRIATING FUND BALANCE AND INCREASING EXPENDITURES IN THAT AMOUNT TO FUND CONSTRUCTION COSTS ASSOCIATED WITH CONNECTING TO THE SANITARY SEWER SYSTEM AVAILABLE AT THE ‘TEQUESTA PARK ASSESSMENT AREA’
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Budget/Financial Impact
WHEREAS, the Loxahatchee River District requires that Tequesta Park connect to the available and approved sanitary sewer system by October 1, 2015;
WHEREAS, the Village leases Tequesta Park and is responsible for assessments and improvements under the lease agreement;
WHEREAS, the Village Council approved connecting to the sanitary sewer system available at the ‘Tequesta Park Assessment Area’,
WHEREAS, an appropriation of Fund Balance is required to fund this project;
WHEREAS, the following budgeted accounts will be increased:
Revenues:
Appropriate Fund Balance, #001-990-399.999 $70,000.00.00
Expenditures:
Public Works Misc Projects, #001-210-563.600 $70,000.00.00
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1 The Village Council hereby adopts Resolution 59-15 increasing the fiscal year 2015/2016 General Fund Budget by $70,000.00, appropriating Fund Balance and increasing expenditures in that amount.
Section 2 This Resolution shall become effective immediately upon passage.
Executive Summary of Major Issues:
Connecting Tequesta Park Assessment Area to the available sanitary sewer system.