02/02/1988PROMISSORY NOTE
The undersigned, BOARD OF COUNTY COMMISSIONERS OF MONROE
COUNTY, FLORIDA, hereby promises to pay to the order of
First State Bank , a banking corporation existing under
the laws of the United States, with offices in Key West
Monroe County, Florida, at the offices of the said First
State Bank the sum of One Hundred One Thousand Six
Hundred Forty-four Dollars ($101,644.00), together with interest
thereon at the rate of 7 % per annum from the date hereof
until fully paid. This promissory note is secured by a Tax
Anticipation Warrant of even date herewith pledging taxes imposed
and collected by the Board for fiscal years 1987-88.
IN WITNESS WHEREOF the BOARD OF COUNTY COMMISSIONERS OF
MONROE COUNTY, FLORIDA, has caused this Promissory Note to be
signed by the Chairman of said Board, attested to by its Clerk
and delivered to the said First State Bank , this 2nd
day of February , 1988.
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
(Seal)
TAX ANTICIPATION WARRANT
KNOW ALL MEN BY THESE PRESENTS, that the BOARD OF COUNTY
COMMISSIONERS OF MONROE COUNTY, FLORIDA, ACTING AS THE BOARD OF
GOVERNORS OF MUNICIPAL SERVICE TAXING DISTRICT 1-D will pay
First State Bank , a banking corporation
existing under the laws of the United States, at its banking
offices in Key West , Monroe County, Florida, the sum
of ONE HUNDRED ONE THOUSAND SIX HUNDRED FORTY-FOUR DOLLARS
($101,644.00) with interest thereon at the rate of 7 X per
annum from date hereof until fully paid.
Principal hereof and interest thereon will be paid in lawful
money of the United States of America from the first proceeds of
taxes when received, which will be levied by the County of
Monroe, State of Florida, on all taxable property in Municipal
Service Taxing District No. 1-D in fiscal year 1987-88 for the
use and benefit of said Municipal Service Taxing District No..l-D
located in Monroe County, Florida.
This Warrant is issued in anticipation of said taxes so
levied for the fiscal year 1987-88 for the use and benefit of
said Municipal Service Taxing District No. 1-D, for the amount of
principal and interest due for the fiscal year 1987-88 only to
provide addditional funding to operate ambulance services in the
district, and is payable, both principal and interest, and shall
be paid solely from said taxes when collected and not otherwise,
which taxes are hereby assigned and pledged to the payment of
this Warrant.
IN WITNESS WHEREOF, the BOARD OF COUNTY COMMISSIONERS OF
MONROE COUNTY, FLORIDA, ACTING AS THE BOARD OF GOVERNORS OF
MUNICIPAL SERVICE TAXING DISTRICT NO. 1-D, has issued this
Warrant and has caused same to be signed by its Chairman and