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.
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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
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