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HomeMy WebLinkAbout07-169 --- RESOLUTION NO. 07-169 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 bond proceeds from the issuance of Transportation Revenue Bonds, Series 2007 par amount of $29,685,000 Net Original Issue Premium of $804,856 totaling $30,489,856. WHEREAS, Section 129.06 (d), Florida 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, Florida, in meeting assembled this 8th day of May, 2007, pursuant to Section 129.06 (d), Florida Statutes, that such funds are hereby appropriated for the fiscal year 2006-2007, and the County's budget is hereby amended as follows: REVENUE 318-0000-384100-000 218-0000-384100-000 Total Revenues APPROPRIATIONS 318-4113-563000-4178 318-4113-563000-44001 318-4113-563000-4123 318-4113-563000-4176 318-4113-563000-41003 318-4210-563000-4124 318-4113-563000-4700 318-4113-563000-4702 318-4113-563000-470 318-4113-563000-4917 318-4113-563000-4122 318-4113-581085-400 318-4113-563000-4101 318-4113-599330-4101 218-9950-573100-800 Total Expenditures Proceeds from Sale of Bonds Proceeds from Sale of Bonds Kings Hwy Widening (SR 70 to US1) -Infrastructure Kings Hwy & Indrio Rd Intersection - Infrastructure Kings Hwy & Orange Ave Intersection - Infrastructure Kings Hwy & Angle Rd Intersection - Infrastructure Jenkins Road Extension - Infrastructure Taylor Dairy Road Extension - Infrastructure Juanita Avenue Sidewalks - Infrastructure Angle Road Sidewalk - Infrastructure Sidewalks - Infrastructure Indian River Dr Shoreline Restoration - Infrastructure Midway Rd Widening (Turnpike to 25th St) - Infrastructure City of Port St. Lucie Prima Vista Blvd Reconstruction - Infrastructure Prima Vista Blvd Reconstruction - Project Reserve Additional Expenses Bonds After motion and second the vote on this resolution was as follows: Commissioner Chris Craft, Chairperson AYE Commissioner Joseph E. Smith, Vice Chairperson AYE Commissioner Doug Coward AYE Commissioner Paula Lewis AYE Commissioner Charles Grande AYE $30,000,000 $489.856 $30,489,856 $2,200,000 $3,500,000 $2,500,000 $4,236,478 $1,600,000 $500,000 $1,400,000 $1,500,000 $1,100,000 $350,000 $7,850,000 $2,000,000 $947,752 $315,770 $489.856 $30,489,856 ~ PASSED AND DULY ADOPTED THIS 8TH DAY OF MAY, 2007. ATTEST: C¿f~ ~ AP~~ED AS TO C AN!;e.¡ : COUNTY ATTOR RECTNESS