Resolution 086-1981
RESOLUTION NO.
86 - 1981
RESOLUTION AMENDING RESOLUTION NO. 188-1980 AUTHORIZING
ISSUANCE OF TAX ANTICIPATION WARRANT FOR MUNICIPAL
SERVICE TAXING OR BENEFIT DISTRICTS NO. 4-A AND 4-B.
WHEREAS, the Board of County Commissioners of Monroe County,
Florida has previously adorted Resolution No. 188-1980, 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 Districts No. 4-A and 4-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. 188-1980 IS 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 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 Municipal
Service Taxing Districts No. 4-A and 4-B of Monroe County, State
of Florida, on all taxable property in said Municipal Service
Taxing or Benefit Districts No. 4-A and 4-B for the years 1980-81,
1981-82, and 1982-83, for the use and benefit of said Municipal
Service Taxing or Benefit Districts 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 $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. 188-1980 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
Byi{ -Ch~'rma:d 0~
(SEAL)
Attest:
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APPROveD AS TO FORN!
AND ~~ SUFFICIENCY.
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