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2007-050 Budget Amendment North SubstationRESOLUTION 2007-50 • 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 2006-07 BUDGET FOR THE PURPOSE OF TRANSFERRING $99,000.00 FROM THE UNAPPROPRIATED AND UNDESIGNATED FUND BALANCE TO THE CAPITAL PROJECT FUND NORTH SUB STATION ACCOUNT TO FUND THE PROFESSIONAL ARCHITECTURAL/ENGINEERING SERVICES; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Village Council seeks to transfer money from the Unappropriated and Undesignated Fund Balance to the Capital Project Fund North Substation Buildings Account (Account Number K5712-66200) in the budget for Fiscal year 2006-07 to fund the North Sub Station Professional ArchitecturaUEngineering Services. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA, as follows: Section 1. The Village Council of the Village of North Palm Beach, Florida, does hereby approve the budget amendment for transfer of amounts listed below. Description Use Source Sources of Funds: A4600-09100 Ap ropriated Fund Balance $ 99,000 Uses of Funds: K5712-66200 North Sub Station-Buildings $ 99,000 Total $ 99, 000 $ 99, 000 Section 2. 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 3. All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 4. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED THIS 12th DAY OF ,1,~; ~ l; ''~•, ~~ ,, (Village Seal~~,`< ~~~, ~ ,, ~ ~ f'1 ~ , ~ . : r.. '~, A~'TEST•,,.~'~ ~ APRIL, 2007. MAYO - ,~• VILLAGE CLERK