Created : December 30, 2013 at 01:11 PM
March 15, 2005
Status: Pending
Adopt Resolution #05-68, Resolution for Roadway Improvements Maintenance Security, Coconut Palm Elementary School.
The City has required, as a condition of accepting the improvements to Monarch Boulevard, that the School Board adopt a resolution in the amount of $260,156.25 for the sole purpose of maintaining or repairing the improvements, if required. The creation of such fund shall constitute adequate security for this purpose for a period of one (1) year from the date the City Commission accepts the improvement.
The financial impact to the School District is $260,156.25. The source of funds is the Fiscal Year 2000-2001 to 2004-2005 Adopted District Facilities Work Program, August 15,2000, district-wide land.
Requested Action
Adopt Resolution #05-68, Resolution for Roadway Improvements Maintenance Security, Coconut Palm Elementary School.
Summary
The City has required, as a condition of accepting the improvements to Monarch Boulevard, that the School Board adopt a resolution in the amount of $260,156.25 for the sole purpose of maintaining or repairing the improvements, if required. The creation of such fund shall constitute adequate security for this purpose for a period of one (1) year from the date the City Commission accepts the improvement.
School Board Goals
| Goal 2 - All schools will have equitable resources. |
Financial Impact
The financial impact to the School District is $260,156.25. The source of funds is the Fiscal Year 2000-2001 to 2004-2005 Adopted District Facilities Work Program, August 15,2000, district-wide land.
Source of Additional Information
Angelino Garcia 754 321-1621 Tom Coates 754 321-2161
Associated File Attachments
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Resolution #05-68 (Files) | |
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Collaboration Form (Files) | |
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ExecutedCompleteCopy (Files) |