RESOLUTION #2006-086

CAPITAL BUDGET AMENDMENT

WHEREAS the local capital budget for the year 2006 was adopted on the 7^th day of April, 2006; and

WHEREAS it is desired to amend said adopted capital budget section.

NOW, THEREFORE, BE IT RESOLVED by the Governing Body of the Borough of Harvey Cedars, County of Ocean, that the following amendment(s) to the adopted capital budget section of the 2006 Budget be made:

Project:  Water Tower Painting & Repairs

Estimated Total Cost:  $250,000.00

Capital Improvement Fund:  $12,500.00

Debt Authorized:  $237,500.00

BE IT FURTHER RESOLVED that two (2) certified copies of this resolution be filed forthwith in the Office of the Director of Local Government Services. 

MOTION TO ADOPT:           Commissioner Gerkens

SECOND:                               Commissioner Garofalo

ROLL CALL:

            AYES:                         Oldham, Garofalo, Gerkens

            NAYS:             none

PASSED ON: September 1, 2006