Resolution 082-1981
RESOLUTION NO. 82 - 1981
RESOLUTION AMENDING RESOLUTION NO. 185-1980 AUTHORIZING
ISSUANCE OF TAX ANTICIPATION WARRANT FOR MUNICIPAL
SERVICE TAXING OR BENEFIT DISTRICT NO. I-C.
WHEREAS, the Board of County Commissioners of Monroe County,
Florida, has previously adopted Resolution No. 185-1980, 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 Mhnicipal Service Taxing
or Benefit District No. l-C 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. 185-1980 is hereby amended such
that paragraph two (2) thereof shall read:
"2. That the sum of $140,000.00 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 1S 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 1S hereby authorized to pay to
Monroe County from the proceeds of taxes levied by Municipal
Service Taxing or Benefit District No. l-C of Monroe County,
State of Florida, on all taxable property in said Municipal
Service Taxing or Benefit District No. l-C for the years 1980-81
and 1981-82, for the use and benefit of Municipal Service Taxing
or Benefit District No. l-C when said taxes have been collected
and received by said Tax Collector in an amount sufficient to
repay the principal sum of $140,000.00 and any interest that
may be due thereon if said sum is borrowed."
2. That all other terms and conditions of said Resolution
No. 185-1980 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.
(SEAL)
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
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Attest: . /-----;. --7
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APPROVED AS 10 FORM
ANDU6AL SUFFICIENCY.
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