Resolution 004-1968
RESOLUTION NO. 4 -1968
WHEREAS, the Board of County Commissioners of Monroe County,
Florida, by Tax Anticipation Warrant dated December 30, 1966, made a
loan from the Key West State Bank, Key West, Florida, in the amount of
$41,625.00, with interest thereon at the rate of 4% per annum from date
until paid, payable on December 31, 1967, 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
consent of said bank, desires to extend the balance due on said loan as of
December 31, 1967, 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 $27, 750. 00, said sum being the balance due on the Tax Anticipa-
tion Warrant dated December 30, 1966, as of December 31, 1967, be issued
by the Board of County Commissioners of Monroe County, Florida, payable
on or before December 31, 1968, to the Key West State Bank, a banking cor-
poration 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 cancella-
tion by the said Key West State Bank of the Tax Anticipation Warrant dated
December 30, 1966, previously issued by said Board.
BE IT FURTHER RESOLVED BY SAID BOARD that the Mayor and
Chairman of the Board, and the Clerk of said Board be, and they are hereby
authorized to execute said Tax Anticipation Warrant, and deliver same to
said bank, upon cancellation of the Tax Anticipation Warrant previously issued.
Dated January 9th, 1968.