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HomeMy Public PortalAbout2002-51 Capital Improvement Fund for Fire Rescue Vehicle ReplacementRESOLUTION NO 2002-51 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF KEY BISCAYNE, FLORIDA, ESTABLISHING POLICY THAT ANY FUTURE PROCEEDS FROM THE SALE OF SURPLUS FIRE APPARATUS AND FIRE DEPARTMENT SUPPORT VEHICLES BE PLACED INTO THE CAPITAL IMPROVEMENT F UND B UDGET L INE I TEM F OR F IRE RESCUE VEHICLE REPLACEMENT, PROVIDING FOR EFFECTIVE DATE WHEREAS, dunng the formulation of the Village Fire Rescue Department, a capital improvement line item entitled "Reserve Fund For Fire Rescue Equipment" was established within the Village budget to finance the replacement of fire rescue equipment and vehicles, and WHEREAS, in fiscal year 1998-1999, the funds in this capital improvement line item were depleted in order to purchase rescue transport vehicles (2) and support vehicles (3) for the Fire Rescue Department, and WHEREAS, b etween fiscal y ears 1998-1999 and 2 001-2002, n o d edicated funds w ere identified and used to replenish the previously depleted capital improvement line item within the budget, and WHEREAS, in fiscal year 2001-2002, the proceeds from the sale of the 1993 Village Quint (fire vehicle) in the amount of $200,000 00 was placed into the capital improvement line item, and WHEREAS, in November of fiscal 2002-2003, the Village Council provided conceptual approval for a program replacing the fleet of fire apparatus utilizing the existing capital improvement fund amount as a down payment for a lease -purchase agreement for two fire trucks, and WHEREAS, no other funding source has been identified for the above referenced capital improvement line item, and WHEREAS, it is desirable to identify a funding source for the purchase of fire rescue equipment and vehicles NOW, THEREFORE, IT IS HEREBY RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF KEY BISCAYNE, FLORIDA, AS FOLLOWS Section 1 Recitals Adopted. That the recitals stated above are hereby adopted and confirmed Section 2 Policy Adopted That it shall be the policy of the Village Council to provide that all future proceeds from the sale of surplus fire apparatus and fire department support vehicles be placed into the Capital Improvement Fund line item of the budget for the Fire Rescue Vehicle Replacement Section 3 Implementation That the Village Manager is hereby authonzed to take any and all action necessary to implement the purposes of this Resolution Section 4 Effective Date That this Resolution shall be effective immediately upon adoption hereof PASSED AND ADOPTED this 10th day of December , 2002 (eb4.1.4 L__11 MAYOR ROBERT OLDAKOWSKI AT HITA H ALVAREZ, CMC, VILLAGE CLE APPROVED AS TO FO AND LEGAL SUFFICIEN VILLAGE A TO rF IV 41 a . M,�{�1'CiS;'" 103001 \resolutions\surplus fire apparatus proceeds