Resolution 226-1982
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RESOLUTION NO. 226 -1982
RESOLUTION AUTHORIZING ISSUANCE OF TAX ANTICIPATION
WARRANT FOR MUNICIPAL SERVICE TAXING OR BENEFIT
DISTRICT NO. 4-A,&~D 4-B.
WHEREAS, the Board of County Commissioners of Monroe County,
Florida, desire to borrow the sum of $14,000.00 before the end of
the year 1982, and to repay said loan out of anticipated tax re-
ceipts to be received by said County from the tax revenue on taxable
property in Municipal Service Taxing or Benefit District No. 4-A
and 4-B for the years 1982-83, and
~~EREAS, BOULEVARD BM~K has agreed to loan said money to said
Board of County Commissioners for the year in the Municipal Service
Taxing or Benefit District No. 4-A and 4-B as set forth above, now,
therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMHISSIONERS OF MONROE
COUNTY, FLORIDA, as follows:
1. That the sum of $14,000.00 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 Monroe County
from the proceeds of taxes levied by Hunicipal Service Taxing or
Benefit District No. 4-A and 4-B of Monroe County, State of Florida,
on all taxable property in said Municipal Service Taxing or Benefit
District No. 4-A and 4-B for the years 1982-83, for the use and
benefit of said Municipal Service Taxing or Benefit District No. 4-A
and 4-B when said taxes have been collected and received by said
Tax Collector in an amount sufficient to repay the principal sum of
$14,000.00 and any interest that may be due thereon if said sum is
borrowed.
BE IT FURTHER RESOLVED BY SAID BOARD, 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 $14,000.00 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 $14,000.00 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 C011MISSIONERS
OF M~ COUNTy,c..p.ORIDA /J
(~ - -',~ t' C. ,{) ~.4/
By''] , ,+-,' - {J
.f.ffayor /Chairman
(Seal)
Attest: P?' n~' ~H VJPITt CtFRlK
~k'.'-i ~i ~~. ~J'a.lr., ...
J... "'~II1.P~ fl.c..
l a- Clerk '
APPfU)V;;D AS TO FORM'
AM GAl. SUFFICIENCY.
.
8'(
"
TAX fu~TICIPATION WARRANT
KNOW ALL MEN BY THESE PRESENTS, That the County of Monroe,
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 26th
day of
July
, 19~__, at its banking offices in the City of
Key West, County of Monroe, State of Florida, the SQ~ of Fourteen
Thousand Dollars ($14,000.00), 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 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 or Benefit District Nos. 4-A and 4-B Monroe County, Florida,
for the fiscal year 1982-83, for the use and benefit of said Muni-
cipal Service Taxing or Benefit District Nos_ 4-A and 4-B.
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 Nos. 4-A and 4-B, 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 23rd day of
August, A.D. 1982_
COU?: MONROE, STATE OF FLO~A
~. :;f:e- Z- .0 1;4/
By
Chairm~ of the Board of ounty
Commissioners of Monroe County,
Florida
(Seal)
',. . . - ti'... .X'
Atte t . ...... ;;;. rr-_..:;:::;-..
S :. rL.~nl .:. ri" ~ I., L..m
9.,. \r~ f\'\. \' ~ ,f) .c .
dr Clerk
"
BY
t,-
..
NOTE OF THE BOARD OF COUNTY COMMISSIONERS OF
MONROE COUNTY, FLORIDA, FOR MUNICIPAL SERVICE
TAXING OR BENEFIT DISTRICT NOS. 4-A AND 4-B.
*********************************************
$14,000.00
THE BOARD OF COUNTY CmfMISSIONERS OF MONROE COUNTY, FLORIDA,
FOR THE MUNICIPAL SERVICE TAXING OR BENEFIT DISTRICT NOS. 4-A AND
4-B, 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 FOURTEEN THOUSAND AND NO/lOa DOLLARS
($14,000.00) together with interest thereon from date until paid
at the rate of EIGHT AND 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 beco~e 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
CHAIRMAN and CLERK OF THE SAID COUNTY OF MONROE, STATE OF FLORIDA,
as of the
23rd day of August_
, 1982.
(Seal)
Attest: P~LPii ~V. ViHITE, CLERK
~,,~~. PJ.iub..>,O.C
0- Clerk
APPROVED AS TO FORM
AN GAL SUFFICIENCY. /)
BY · 'a.~
AIlornlr/', aHa VJ
"