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RESOLUTION
No. 74 110
x,
WHEREAS, the City of Clearwater has previously paid out of its
General Fund certain sums to cover construction and engineering coats
incurred in connection with the extension of the water and sewer system
of the City; and
WHEREAS, the reimbursement of these sums to then City of
Clearwater General Fund from proceeds of the sale of Utility Revenue
Certificates, Series of 1972, was envisioned in authorizing the issuance'
of said Utility Revenue Certificates, Series of 197Z; and
WHEREAS, the City of Clearwater General Fund should noNv be
reimbursed from the Construction Trust Fund derived from the proceeds
of the sale of Utility Revenue Certificates, Series of 1972, the following
sum:
Fee paid to the Pinellas County Board of Commissioners $100.00
by Check #4924, in connection with a dredge-only
application and retained by the Department of
Natural Resources
for a total reimbursement to the General Fund of $100.00.
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 $100.00 be paid to the General Fund of the
City of Clearwater from the Construction Trust Fund by the Barnett
Bank of Clearwater, N. A., Clearwater, Florida, Trustee thereof of
Construction Trust Fund Agreement dated May 25, 1973, which
Construction Trust Fund is derived from the proceeds of the sale of
Utility Revenue Certificates, Series of 1972.
»1?
Re'so.-,#74-210 9-16-74
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2. That a certified copy of this Resolution be delivered forthwith
to said Trustee, which said certified copy shall constitute the.direction of
the City of Clearwater to seid Trustee to pay the foregoing sum directly to
the said City of Clearwater General Fund forthwith in compliance with
Section 3 ?C) and other provisions of said Construction Trust Fund
Agreement.
PASSED AND ADOPTED this 16th day of September, A. D. 1974.
Attest:
City Clerk
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