Resolution 225-1982
RESOLUTION NO. 225_1982
RESOLUTION AUTHORIZING ISS~ANCE OF TAX ANTICIPATION
tJARRANT FOR HUNICIPAL SERVICE TAXIUG Oil BENEFIT
DISTRICT NO. I-D.
v.,1HEREAS, the Board of County Commissioners of Honroe County,
Florida, desire to borrow the sum of $65,000.00 before the end of
the year 1982, and to repay said loan out ofaRticipated tax re-
ceipts to be received by said County from the tax revenue on taxable
property in Municipal Service Taxing or Benefit District No. l-D
for the years 1982-83, and
~nIEREAS, BOULEVARD BANK has agreed to loan said money to said
Board of County Commissioners for the year in the r1unicipal Service
Taxing or Benefit District No. l-D as set forth above, now, there-
fore,
BE IT RESOLVED BY THE BOARD OF COUNTY COl1MISSIONERS OF ~{ONROE
COUNTY, FLORIDA, as follows:
1. That the sum of $65,000.00 with interest thereon at the
rate of 8-3/4% per annum from date until fully paid, be, and the
same is hereby authorized to be borrowed from BOULEVARD BANK, a
banking corporation existing under the laws of the State of Florida,
as same is needed for the purchase of emergency service vehicles
before the end of fiscal year 1979-80, and the Monroe County Tax
Collector be, and he is hereby authorized to pay to Honroe County
from the proceeds of taxes levied by Municipal Service Taxing or
Benefit District No. l-D of Monroe County, State of Florida, on
all taxable property in said Municipal Service Taxing or Benefit
District No. l-D for the years 1982-83, for the use and benefit
of said Hunicipal Service Taxing or Benefit District No. l-D
when said taxes have been collected and received by said Tax Col-
lector in an amount sufficient to repay the principal sum of
$65,000.00 and any interest that may be due thereon if said sum is
borrowed.
BE IT FURTHER RESOLVED BY SAID BOAP~, that the Board of
County Commissioners of Monroe County, Florida, be and it is
-2-
hereby authorized to issue a Tax Anticipation Warrant, payable
to said BOULEVARD BANK, in the amount of $65,000.00 with the
interest thereon at the rate of 8-3/4% per annum from date until
fully paid, payable out of anticipated tax proceeds as hereinbe-
fore set forth, and the Chairman and Clerk of said County of Monroe,
State of Florida, be, and they are hereby authorized to execute
said Tax Anticipation Warrant and to deliver same to the BOULEVARD
BANK upon the receipt of the sum of $65,000.00 by said County.
Passed and adopted by the Board of County Commissioners of
Monroe County, Florida, at a regular meeting of said Board held on
the 23rd day of August, A.D. 1982.
BOARD OF COUNTY COMHISSIONERS
OF HO~ COUNTY, FLORIDA
By E,- -~ Co. z: ,() J..fl
~YOr/Chairman ~
(Seal)
Attest: R:~lrM W. ~,lLrrI, CLERK
9... 'r 1 ~ fI\. P uJ.w
( Clerk
APPROlIED AS TO FORM
AN, 'GftL SUF:IC"'~ . .
8' -- Ai'"'Oe"-Oii;'~'-~ L
~
,
Jj
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TAX ANTICIPATION WARRANT
KNOW ALL MEN BY THESE PRESENTS, That the County of }10nroe,
State of Florida, a political subdivision of the State of Florida,
will pay BOULEVARD BANK, a banking corporation existing under the
laws of the United States, on or before the
25th day of
July
, 19~, at its banking offices in the City of
Key West, County of Monroe, State of Florida, the sum of Sixty-
five Thousand Dollars ($65,000.00), with interest thereon at the
rate of 8-3/4% per annum from date hereof until fully paid.
Principal hereof and interest thereon will be paid in lawful
money of the United States of fu~erica 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 or Benefit District No. 1-D Monroe County, Florida, for the
fiscal year 1982-83, for the use and benefit of said Municipal
Service Taxing or Benefit District No.1-D.
This Warrant is issued in anticipation of said taxes so levied
for the fiscal year 1982-83 for the use and benefit of Municipal
Service Taxing or Benefit District No. 1-D, Monroe County, Florida,
to provide a fund to purchase emergency vehicles and is payable,
both principal and interest, 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 County of Monroe, State of Florida,
has issued this Warrant and has caused same to be signed by its
Chairman and attested to by its Clerk as of the ~d, day of
August, A.D. 1982.
MONROE, STATE OF
c- c: .<J
By
Chairm of the Board of ounty
Commissioners of Monroe County,
Florida
(Seal)
Attest: RkllPH. \'1. -VEHiTE, ,ClIT~'
\ 'f urM. ce'i.L. !l'~ .
APPROVED AS TO FORM
AN GAL SUFflCfEh y,
....
BY
..
NOTE OF THE BOARD OF COUNTY COl1MISSIONERS OF
MONROE COUNTY, FLORIDA, FOR MUNICIPAL SERVICE
TAXING OR BENEFIT DISTRICT NO.1-D.
*********************************************
$65,000.00
THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA,
FOR THE MUNICIPAL SERVICE TAXING OR BENEFIT DISTRICT NO. l-D,
a political subdivision of the State of Florida, for a value re-
ceived hereby promises to pay to the order of the BOULEVARD BANK,
a banking corporation existing under the laws of the State of
Florida, the principal sum of SIXTY-FIVE THOUSAND AND NO/100
DOLLARS ($65,000.00) together with interest thereon from date until
paid at the rate of EIGHT M~D THREE-QUARTERS PER CENT (8-3/4%) per
annum payable on or before the 26th day of July
, 1983, payable
out of tax proceeds levied for the year 1982-83 or other revenues.
Should it become necessary to collect this note upon demand of an
attorney, to pay reasonable attorney's fees for making such collec-
tion, including costs and attorney's fees in appellate courts.
This note was duly authorized by Resolution of the Board of
County Commissioners of Monroe County, Florida duly passed and
adopted at a meeting of said Board of County Commissioners held
on the 15th day of July, 1980 and the 23rd day of August, 1982.
IN WITNESS WHEREOF, the Board of County Commissioners, Monroe
County, Florida, has caused this note to be executed by the BOARD
CHAI&~ and CLERK OF THE SAID COUNTY OF MONROE, STATE OF FLORIDA,
as of the 23rd
day of August
, 1982.
BOARD OF COUNTY COMMISSIONERS
OF N E COUNTY, FLORIDA
By
(Seal)
Attest: Q,;~' ~~.J H! p.lf"rn: Clrn'K
h.....J.~ ~.. ~..~.~.~, ! ~JU
J-.. " ....;......., 1'1\. p ~. n.<:. .
<f '6 Clerk
PR VEDAS ~~^IJ
ND GAL S.UF~
Attorney'. Office
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