HomeMy WebLinkAbout11-159 RESOLUTION NO. 11-159
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 from loan proceeds for the St. Lucie County Sports Complex Facilities in the amount of
$7,685,000. $3,000,000 of the loan proceeds is for capital expansion and $4,685,000 for debt service.
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 18th day of October, 2011, pursuant to Section 129.06 (d), Florida
Statutes, that such funds are hereby appropriated for the fiscal year 2010-2011, and the County's budget
is hereby amended as follows:
REVENUE
362-0000-384200-000 Loan Proceeds $3,000,000
262-0000-384200-000 Loan Proceeds $4,685,000
APPROPRIATIONS
362-7210-562000-107607 Buildings $2,750,000
362-7210-564000-107607 Equipment $250,000
262-9950-571100-800 Principal Notes $4,620,000
262-9950-572100-800 Interest Notes $65,000
After motion and second the vote on this resolution was as follows:
Commissioner Chris Craft, Chairman AYE
Commissioner Chris Dzadovsky, Vice Chairman AYE
Commissioner Frannie Hutchinson AYE
Commissioner Paula Lewis AYE
Commissioner Tod Mowery AYE
PASSED AND DULY ADOPTED THIS 18th DAY OF OCTOBER 20 .
ATTEST: = BO RD OF C UN CO I SI NERS
LUCI UNT , FL
a ~
~ BY: ~ ~ ~
~ c C AIRM N
a,
y;
APPRO D AS TO CO CTNESS
AND FO M~ ~
~
COUN Y ATTOR Y~
/ ~