HomeMy WebLinkAbout04-283RESOLUTION NO. 04-283
WHEREAS, subsequent to the adoption of the St. Lucie County Board of County Commissioners budget for St.
Lucie County, certain funds not anticipated at the time of adoption of the budget have become available in the form
of a revolving bank loan / line of credit in the amount not to exceed $650,000 from SunTrust Bank. Proceeds from
the loan will be used to finance a portion of the cost of acquisition and construction of certain capital improvements
to the County's Sports Complex.
WHEREAS, Section 129.06 (d), Flodda Statutes, requires the Board of County Commissioners to adopt a
resolution to appropriate and expend such funds.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of St. Lucie County, Flodda, in
meeting assembled this 28th day of September, 2004, pursuant to Section 129.06 (d), Florida Statutes, that such
funds are hereby appropriated for the fiscal year 2003-2004, and the County's budget is hereby amended as
follows:
REVENUES
362-75201-384200-700
Proceedsfrom Loan
$650,000
APPROPRIATIONS
362-75201-563000-700
Improvements other than Buildings
$650,000
After motion and second the vote on this resolution was as follows:
Commissioner Paula A. Lewis, Chairperson
Commissioner John Bruhn, Vice Chairperson
Commissioner Cliff Barnes
Commissioner Doug Coward
Commissioner Frannie Hutchinson
PASSED AND DULY ADOPTED THIS 28th DAY OF SEPTEMBER, 2004.
BOARD OF COUNTY COMMISSIONERS
ST LUCIE COUNTY, FLORIDA '~-
CHAIRMAN /