82-38
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RESOLUTION
,
No. 82 - 38
A RESOLUTION APPROVING AND AUTHORIZING THE DEPARTMENT OF
BANKING AND FINANCE OF THE STATE OF FLORIDA IN ACCORDANCE WITH
SECTION 17.075, FLORIDA STATUTES AND THE FLORIDA DEPARTMENT OF
REVENUE IN ACCORDANCE WITH RULE 12-10.09 (F.A.C.) TO DESIGNATE A
BANK TO RECEIVE THE REVENUE SHARING STATE WARRANT; AUTHORIZING
THE BANK SO DESIGNATED TO WIRE TRANSFER SAID REVENUE SHARING
FUNDS TO A BANK DESIGNATED BY THE CITY OF CLEARWATER TO RECEIVE
SUCH FUNDS; AND FURTHER TO AUTHORIZE THE BANK DESIGNATED BY
THE DEPARTMENT OF BANKING AND FINANCE OF THE STATE OF FLORIDA
AND THE FLORIDA DEPARTMENT OF REVENUE TO DEDUCT THE COST OF
THE WIRE TRANSFER FROM THE AMOUNT RECEIVED FOR TRANSFER.
WHEREAS, the Florida Department of Revenue has adopted Chapter 12-10.09 Wire
Deposit of Revenue Sharing Funds In the Rules of Department of Revenue, State of Florida,
and
WHEREAS, It Is In the best Interest of the C1ty of Clearwater to receive the revenue
sharing funds by wire transfer,
NOW, THERFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY
OF CLEARWATER, FLORIDA, IN SESSION DUL Y AND REGULARL Y
ASSEMBLED, AS FOLLOWS:
Section I. That, in accordance with Sectton 17.075, Florida Statute, and Rule 12-10.09,
(F.A.C.) the Department of Banking and Finance of the State of Florida and the Florida
Department of Revenue, In coordination, are authorized to designate a bank to receive the
revenue sharing State worrant.
Section 2. That the bank so designated is authorized to wire transfer said revenue sharing
funds to a bank designated by the Crty of Clearwater to receive such funds.
Section 3. That the bank designated by the Department of Banking and Finance of the
State of Florida and the Florida Department of Revenue is authorized to deduct the cost of
the wire transfer from the amount received for transfer.
Section 4. That this Resolution shall take effect immediately upon Its adoption.
PASSED AND ADOPTED this 6th doyof May, A.D. 1982.
([t;ff:o!t{Cfk
Attest'~' J '- ' ·
(7k{~w~-~
City Clerk
.. ~ . ~ . .,
8Z~38
"
5/6/82
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