Resolution 098-1968CJ
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RESOLUTION NO.574' -1968
WHEREAS, the Board of County Commissioners of Monroe County,
.Florida, by Tax Anticipation Warrant dated January 9, 1968, made a loan
from the Key West State Bank, Key West, Florida, in the amount of Twenty-
seven Thousand, Seven Hundred Fifty Dollars ($27, 750. 00), with interest
thereon at the rate of four per cent. (4%) per annum from date until paid,
payable on December 31, 1968, 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, 1968, 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 Thirteen Thousand, Eight Hundred Seventy-five Dollars ($13, 875. 00),
said sum being the balance due on the Tax Anticipation Warrant dated Jan-
uary 9, 1968, as of December 31, 1968, be issued by the Board of County
Commissioners of Monroe County, Florida, payable on or before December
31, 1969, 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 four per
cent. (4%) per annum from date thereof until paid, upon the cancellation by
the said Key West State Bank of the Tax Anticipation Warrant dated January
9, 1968, 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
is sued.
Dated December loth, 1968.