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RESOLUTION
Na. 65 - 34
WHEREAS, the First National Bank of Clearwater, Clearwater,
Florida, is Trusteo under and by virtue of a Construction Trust Fund
Agreement, dated September i6, 19b4, which Construction Truat
Fund is derived from proceeds of the sale of Utility Revenue
Cortificates, Series of 1964; and
WHEREAS, said Bank has submitted a bill in the amount of
$257. 39 far its compensation, in accordance with the provisions of
said Constxuction Trust Fund Agreement, which said bill should be
paid from said Trust Fund, a copy of said bill is hereto attached and
by xeference made a part hereof;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY
COMMISSION OF THE CITY OF CLEARWATER,
FLORIDA, IN SESSION DULY AND REGULARLY
ASSEMBLED, AS FOLLOWS:
1. That the sum of $257.39 be paid from the Construction
Trust Fund, dated September 16, 1964, by theFirst National Bank of
Clearwater, Clearwater, Florida, Trustee thereof, to the First National
Bank of Clearwater, Clearwater, Florida, in payment of its bill
dated March 16, 1965, for Trustees compensation as provided in
said Agreement, '
2.. That a certified copy t+f this Resolution be delivered
forthwith to said Trustee, which certified copy shall constit~ite the
direction of the City of Clearwater to said Trustee to pay said amount
directly to itself.
PASSED AND ADOPTED this 5th day of April, 1965.
Attest:
- Clerk
. ~ .•lteso.l~65~34 ,
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or-Commissioner
April. 5 ~ 1965 . .
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:~~~. ~~;•4r::°,;`•7L .-" i,;. Funds Pram City to open account 965,278,00 :t~<<pf, ~~~
~~~,;,=~;'t~r`'' '; :•';~ Additions to 3/16/65 (interest an bills, etc.) 12,161.00 ,rH,Yf~;~i.
z.~~~~~~,: ~~ .:s'., 977,439.00 ~f,~~+) ~`~'.
f~• ~.T';.~FS ,._• ,3°.;c • - Paid out by Trustee on f~
,~~,~;t;~,~i,;:;~~,~}':u;',sfj, requisitions and resolutions: ~ ~~ _
»`="°`""
~; ;vs= Ince tioa to 3/16/65
P 157,391.55
~~°"'~" Assets of Trust 3/16/65:
`' `~ r, ' 50 000 U.5 .Treaeur Bills
;~~''~" due 3/22/65 49,122.75
~~~~~P-; 50,000 U.S.'Treasury Bi11s
~~~`''~~ due 4/30/65 48,911.33
~~~''~=~" 50 000 U.S.Treasu Bills
ry
i~:r;^ M1<~
' ?y"'~Y''•` due 5/31/b5
,746.11
48
,~~~
~'.~-^. 50,000 U.S.Treasury Bills
,
~'r~'`~
`
~ due 6/30/65 48,599.56
~~„~
-'
-~~ .~:'
'
~ 500,000 U.S.Treasury 3 7/87.
I
°`'
' ~- Notes due 8/13/65 500,390.63
~:;:,'.t 25,000 U.S.Treasury Bi11s
c'.'~
.>~ due 12/31/b5 24,053.54
.
"f~,~';=•. 25,000 U.S.Treasury Bills
r~i /31 66
due 1 / 2.4_,06.2_.2.5_
~:s`~'~;`~ Balance cash on hand 3/16/65
Accounted for
Trustee's fee cA~culated_fram Inceutian to 3/16/65
1/10 of 17. of
157,391.55 157.39
Basic fee 100.00
Fee to 3/16/65 -Now Due
,a
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+.S
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257.39
,'
901,277.72
7b,I61.34
977,439.11
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