Resolution 089-1965
RESOLUTION NO.
89 -1965
WHEREAS, Monroe County, Florida is indebted to Alonzo Cothron,
Inc., of Islamorada, Florida, in the amount of $63, 152.31, which amount
is due for work done by said corporation under oral contract in clearing
highways as a result of damage done by hurricane "Betsy", and
WHEREAS, Monroe County, Florida expects to receive federal
funds with which to pay said corporation, within the next eight months, and
WHEREAS, said corporation has requested the Board of County
Commissioners of Monroe County, Florida for permission to assign the
payments due said corporation to the Key West State Bank, and to author-
ize said Board to pay the amount due said corporation, when received, to
said corporation and to said bank, jointly, upon such assignment, now,
therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA, That in the event the said Alonzo Cothron,
Inc., assigns said amount of $63, 152.31 due it for work done under oral
contract with Monroe County, Florida in clearing highways as a result of
damage done by hurricane "Betsy", to the Key West State Bank, said Board
will, upon receipt of said anticipated federal funds, disburse payments whon
due to said corporation, to said corporation and said bank, jointly, provi-
ded authorization to so disburse said payments is given said Board in the
assignment to said bank.
Da t ed
November 16th
, 1965.