Resolution 081-1981
RESOLUTION NO. 81 - 1981
RESOLUTION AMENDING RESOLUTION NO. 184-1980 AUTHORIZING
ISSUANCE OF TAX ANTICIPATION WARRANT FOR MUNICIPAL
SERVICE TAXING OR BENEFIT DISTRICTS NO. I-A AND I-B.
WHEREAS, the Board of County Commissioners of Monroe County,
Florida, has previously adopted Resolution No. 184-1980, and
WHEREAS, in order to assure better accounting it 1S more
desirable to have the Monroe County Tax Collector pay directly
to the County and thereafter for the Municipal Service Taxing or
Benefit Districts No. I-A and l-B solely to pay the necessary
funds to the appropriate lending institution, now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
MONROE COUNTY, FLORIDA, as follows:
1. That Resolution No. 184-1980 1S hereby amended such
that paragraph two (2) thereof shall read:
"2. That the sum of $42,000.00 with interest thereon at
the rate of 6.20% per annum from date until fully paid, be, and
the same 1S 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 Municipal
Service Taxing or Benefit Districts No. I-A and l-B of Monroe
County, State of Florida, on all taxable property in said
Municipal Service Taxing or Benefit Districts No. I-A and l-B
for the year 1980-81 and 1981-82, for the use and benefit of
said Municipal Service Taxing or Benefit Districts when said
taxes have been collected and received by said Tax Collector in
an amount sufficient to repay the principal sum of $42,000.00
and any interest that may be due thereon if said sum is borrowed."
2. That all other terms and conditions of said Resolution
No. 184-1980 shall remain in full force and effect.
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Passed and adopted by the Board of County Commissioners
of Monroe County, Florida, at a regular meeting held on the 7th
day of April, 1981.
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
BY~-Ch~~~
(SEAL)
Attest:
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