Ordinance 1976-008 Transfer of Funds to Insurance AccountsORDINANCE N0, 8-76
AN ORDINANCE OF THE VILLAGE OF NORTH PAIM BEACH, FLORIDA,
AMENDING THE NORTH PAIM BEACH BUDGET FOR THE FISCAL YEAR 1975-76 BY TRANS-
FERRING FUNDS FROM THE COUNCIL CONTINGENCY ACCOUNT TO WORKMEN'S COMPENSATION,
GENERAL LIABILITY AND FALSE ARREST INSURANCE ACCOUNTS, AND BY TRANSFERRING
FUNDS FR(~I THE COUNTRY CLUB RESERVE ACCOUNT TO THE GENERAL LIABILITY IN-
SURANCE ACCOUNT.
BE IT ORDAINED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH,
FLORIDA:
Section 1. Ordinance No. 15-75, the budget ordinance of the
Village of North Palm Beach, is hereby amended by transferring the sum of
$11,974.47 from Account OS-500, Council Contingency Fund, to the following
accounts:
08-802.1 Workmen's Compensation $ 2,049.94
08-802.4 General Liability 9,176.00
OS-802.5 False Arrest 748.53
' TOTAL $11,974.47
Section 2. Ordinance No, 15-75, the budget ordinance of the
Village of North Palm Beach, is hereby amended by transferring the sum
of $2,866,00 from Account 40-500, Country Club Reserve, to Account
37-802,4, General Liability Insurance.
Section 3, This Ordinance shall take effect immediately upon
passage,
PLACED ON FIRST READING THIS 25 DAY OF MARCH, 1976
PLACED ON SECOND, FINAL READING AND PASSED THIS 22 DAY OF APRIL, 1976.
/s/ Ronald L. Herat
MAYOR
ATTEST:
' /s/ Dolores R. Walker
Village Clerk