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Resolution 084-1981V RESOLUTION N0. 84- 1981 RESOLUTION AMENDING RESOLUTION NO. 4- 1979 AUTHORIZING ISSUANCE OF TAX ANTICIPATION WARRANT FOR MUNICIPAL SERVICE TAXING OR BENEFIT DISTRICT NO. 2. WHEREAS, the Board of Municipal Service Taxing or Benefit District No. 2 has previously adopted Resolution No. 4-1979, and WHEREAS, in order to assure better accounting it is more desirable to have the Monroe County Tax Collector pay directly to the County and thereafter for the Municipal Service Taxing or Benefit District No. 2 solely to pay the necessary funds to the appropriate lending institution, now, therefore, BE IT RESOLVED BY THE BOARD OF MUNICIPAL SERVICE TAXING OR BENEFIT DISTRICT NO. 2, MONROE-COUNTY, FLORIDA, as follows: 1. That Resolution No. 4-1979 is hereby amended such that Paragraph two (2.) thereof shall read: "2. That the sum of $240,000.00 with interest thereon at the rate of 6.90% per annum from date until fully paid, be, and. the same is hereby authorized to be borrowed from The Marathon Bank, a banking corporation existing under the laws of the State of Florida, as same is needed for the purchase of emergency vehicles -and equipment before. the end of fiscal year 1978-79, 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 District No. 2 of. Monroe County, State of Florida, on all taxable property in said Municipal Service Taxing or Benefit District No. 2 for the years 1979-80, 1980-81, and 1981-82, for -the .use= and benefit of said Municipal Service Taxing or Benefit District No. 2 when said taxes are collected and received by said Tax Collector in an amount sufficient to repay the principal sum of $240,000.00 and any interest thereon. that may be due thereon as follows: a. On or before the 1st day of April, 1980, the sum of Eighty Thousand Dollars ($80,000.00) with interest thereon at the rate of 6.900 per annum from date until fully paid. Page 1 of 2 Pages L b. On or before the 1st day of April, 1981, the sum of Eighty Thousand Dollars ($80,000.00) with interest thereon at the rate of 6.90% per annum from date until fully paid. C. On or before the lst day of April, 1982, the sum of Eighty Thousand Dollars ($80,000.00) with interest thereon at the rate.o_f 6.90% per annum from date until fully paid. 2. That all other terms and conditions of said Resolution No. 4-1979 shall remain in full .force and effect. Passed and adopted by the Board of Municipal Service Taxing or Benefit District No. 2, at a regular meeting held on the. 7th day of April, 1981. BOARD OF COMMISSIONERS OF THE MUNICIPAL SERVICE TAXING OR BENEFIT DISTRICT NO. 2 By odld-�- ,/ Chairman (SEAL) Attest: f�9.4,+",/{7�yt7 u�1 'D A,- tt 0 l/"T..�3�6�:e�c�BY Page 2 of 2 Pages