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RESOLUTION
No. 77 - 94
A RESOLUTION'AUTHORIZING REIMBURSEMENT TO
BE MADE TO THE CAPITAL IMPROVEMENT FUND
FROM THE CONSTRUCTION TRUST FUND FOR
COSTS INCURRED IN EXTENDING THE SEWER
SYSTEM.
WHEREAS, the City of Clearwater has previously paid out of the
Capital Improvement Fund certain sums to cover construction and miscellaneous
costs incurred in connection with the extension of the sewer system of the
City; and
WHEREAS, the reimbursement of these sums to the City of Clearwater
Capital Improvement Fond from proceeds of the sale of Utility Revenue
Certificates, Series of 1975, was envisioned in authorizing the issuance of
said Utility Revenue Certificates, Series of 1975; and
WHEREAS, the City of Clearwater Capital Improvement Fund should
now be reimbursed from the Construction Trust Fund derived from the
proceeds of the aale of Utility Revenue Certificates, Series of 1975, the
following sums.
W. L. Cobb Construction N. Greenwood Ave. $12,038.69
P. O. Box 10309 Curbs
St. Petersburg, Florida
Edco Construction
1924 Oro Court
Clearwater, Florida
Dept. of Environmental
Regulation, Tallahassee,
Florida
Belcher Road
Sewer Relocation
Construction Permit
Deep Well Test Facility
N. E. Effluent Disposal
$10,742.70
$ 20.00
for a total reimbursement to the Capital Improvement Fund of $22, 801. 39;
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 $22,801. 39 be paid to the Capital Improvement
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 November 9, 1976, which
Cdnstxuction Trust Fund is derived.from the proceeds of the sale of Utility
;' .. Revenue Certificates, Series of 1975.
A77w9 4 -1 9115177
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2. That a certified copy of this Resolution be delivered for
to said Trustee, which said certified copy shall constitute the direction of
the Cityr.of Clearwater to said Trustee to pay the foregoing sum directly
to the said City of Clearwater Capital Improvement Fund forthwith in
,
compliance with Section 3 (c) and other provisions of said Construction
Trust Fund Agreement.
PASSED AND ADOPTED this 1Sth day of September, A. D,
1977,
Attea
!
Cis Clerk
'I
' E
1 t r
Mayor- Commissio
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