Title of Item:
PURCHASE OF NEW EMERGENCY GENERATORS (RC):
RESOLUTION No. 65-2019; A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF STUART, FLORIDA AUTHORIZING BUDGET AMENDMENT No. 11 TO THE 2018-2019 WATER SEWER FUND; APPROPRIATING AND AUTHORIZING THE EXPENDITURE OF FUNDS TO PURCHASE NEW EMERGENCY GENERATORS FROM THE PROCEEDS OF THE SALE OF OBSOLETE GENERATORS PREVIOUSLY IDENTIFIED AS SURPLUS, IN THE AMOUNT OF $42,000.00. PROVIDING AN EFFECTIVE DATE, AND FOR OTHER PURPOSES.
Summary Explanation/Background Information on Agenda Request:
Obsolete emergency generators were declared surplus and sold via govdeals.com.
This budget amendment authorizes the proceeds from the sale of those obsolete generators to purchase new emergency generators.
Funding Source:
From: Water / Sewer Miscellaneous Revenues $43,000.00
To: Water Reclamation, Machinery and Equipment $27,000.00
Distribution and Collection, Machinery and Equipment $16,000.00
Recommended Action:
Motion to approve Resolution No. 65-2019; Budget Amendment No.110. |