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HomeMy WebLinkAbout07-253 RESOLUTION NO. 07-253 WHEREAS, subsequent to the adoption of the S1. Lucie County Board of County Commissioners budget for S1. Lucie County, certain funds not anticipated at the time of adoption of the budget have become available in the fonn of the Saint Lucie County Florida, Capital Improvement Revenue Note, Series 2007 for the $8,800,000 loan proceeds with a principal amount not to exceed $10,000,000 from Seacoast National Bank. 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 ofS1. Lucie County, Florida, in meeting assembled this 28th day of August, 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: REVENUES 316-0000-384200-000 216-0000-384200-000 Proceeds from Loans Proceeds from Loans Total Revenues APPROPRIATIONS 316-7240-562000-1650 316-1930-562000-16011 316-1930-564000-2615 316-1930-562000-16014 216-9950-573100-800 $8,776,500 $23.500 $8,800,000 Buildings (Sams acquisition, Façade, Imp.) Buildings (Phase II Admin. Complex. Dis1. Cooling) Machinery & Equipment (EOC Furniture) Buildings (Court Facility Generator) Additional Expenses Bonds $5,031,820 $2,800,000 $301,949 $642,731 $23.500 Total Expenditures $8,800,000 After motion and second the vote on this resolution was as follows: Commissioner Chris Craft, Chairperson Commissioner Joseph E. Smith, Vice Chairperson Commissioner Doug Coward Commissioner Paula Lewis Commissioner Charles Grande AYE AYE AYE AYE AYE PASSED AND DULY ADOPTED THIS 28TH DAY OF AUGUST, 2007, ATTEST: G:\A TTY\RESOL TN\2007\07-253.DOC ~~SIONERS CHAIRMAN