Resolution 098-1966RESOLUTION NO. 98 -1966
WHEREAS, the Board of County Commissioners of Monroe County,
Florida, by Tax Anticipation Warrant dated October 27, 1965, made a loan
from the Key West State Bank, Key West, Florida, in the amount of $55, 000. 00,
with interest thereon at the rate of 4% per annum from date until paid, payable
on December 31, 1966, in accordance with the provisions of Chapter 65-547,
Laws of Florida, Year 1965, and
WHEREAS, under the provisions of said law, said Board, with the con-
sent of said bank, desires to extend the balance due on said loan as of Decem-
ber 31, 1966, for a period of one year, at the same rate of interest, now,
therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
MONROE COUNTY, FLORIDA, that a Tax Anticipation Warrant in the amount
of $41, 625. 00, said sum being the balance due on the Tax Anticipation War-
rant dated October 27, 1965, as of December 31, 1966, be issued by the
Board of County Commissioners of Monroe County, Florida, payable on or
before December 31, 1967, to the Key West State Bank, a banking corporation
existing under the laws of the State of Florida, with interest thereon at the
rate of 4% per annum from date thereof until paid, upon the cancellation by
the said Key West State Bank of the Tax Anticipation Warrant dated October
27, 1965, previously issued by said Board.
BE IT FURTHER RESOLVED BY SAID BOARD that the Mayor and Chair-
man of the Board, and the Clerk of said Board be, and they are hereby auth-
orized to execute said Tax Anticipation Warrant, and deliver same to said
bank, upon cancellation of the Tax Anticipation Warrant previously issued.
Dated December 30, 1966.