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Fort Walton Beach Resolution — 2009-09-Budget Amendment-Insurance — reading text

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RESOLUTION NO. 2009-9 A RESOLUTION OF THE CITY OF FORT WALTON BEACH, FLORIDA, AMENDING THE FISCAL YEAR OCTOBER 1, 2008 THROUGH SEPTEMBER 30, 2009 BUDGET TO MAKE CERTAIN AMENDMENTS TO APPROPRIATIONS OF CITY FUNDS FOR INSURANCE PROCEEDS RECEIVED FOR DAMAGE TO CITY PROPERTY; AND PROVIDING AN EFFECTIVE DATE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA, THAT: Section 1. Authority Resolution 2008-45, adopted on September 22, 2008, authorizes amendments to the FY 2008-09 budget by resolution. Section 2. General Fund Budget Amendment The City has received insurance proceeds for a Right-of-Way vehicle totaled in a collision and for a traffic signal cabinet damaged in a vehicle accident. The insurance proceeds will be used to purchase a replacement vehicle and traffic signal cabinet. Therefore, there is appropriated $19,055 from insurance proceeds increasing the General Fund budget from $19,498,979 to $19,518,034. Section 3. Effective Date This resolution shall take effect immediately upon approval by the City Council and signature by the Mayor. une 23, 2.009 Mile Arete, Adopted Mike Anderson, Mayor Attest: Approved for Form and Legal Sufficiency: Onc & nag Helen Spencer, Zity Clerk Toni L. Craig, City Attorney DISPOSITION Jeaauirg,

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