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R E S O L U T x'Z} `N-
NO. 60 - 88
1,
WHEREAS, the First National Bank of Clearwater is
Trustee under and by virtue-of a Construction Trust Fund
Agreement, dated October 21, 1959, which Construction Trust
Fund is derived from proceeds of the Sale of Utility Revenue
Certificates, Series 1959; and,
WHEREAS, said Bank has submitted a bill in the amount
of $191.65 for its compensation, in accordance with the pro-
visions of said Trust Fund Agreement, which said bill should
be paid from said Trust Fund.
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY OMMISSION OF THE CITY OF CLEARWATER,
FLORIDA, IN SESSION DULY AND REGULARLY
ASSEMBLED, AS FOLLOWS:
1. That the sum of $191.65 be paid from the Con-
struction Trust Fund, dated-October 21, 1959, by the First
National Bank of Clearwater,'Florida, Trustee thereof, to
the First National Bank of Clearwater, Florida, in payment
for Trustee's compensation, as provided in said Agreement,
to October 21, 1960.
2. That a certified copy of this Resolution be de-
livered forthwith to said Trustee, which certified copy shall
constitute the direction of the City of Clearwater to said
Trustee to pay said amount directly to itself.
PASSED AND ADOPTED, this 7th day of November, 1960.
l
a r- omm ss oner
Attest:
r
C Clerk
Reeo. 60-$8
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O_rff OF CI.MNATER _ CONSTRUCTION FM TRUST 1959 SERIM
1.1/17 59 Funds deposited in Trust
598,5010
. 2
y r` f 1.2/79 Funds deposited in Trust 12 600 00'
'Y••' ,'. :.' 11,],01602 :,,?,, :;, , 3y<<a:?s"•
Paid out by Trustee on
,?;F;•.
requisitions and resolutions
as f Alows t
`.pry :; :. •:'.,;1?:,:?:•'?'". f ? ?yy.'?,t;pw?a3?,d
To 4/21/60 63,623,57
o L . ,- ; ?:• .'.z` .. To 10//21/60 255j266 00
•' ?'i,f tji'`.a;_ ,i.-ti-;?:r•' e rv?n.."?, {:J}zl'
Assets on hand '3.0/21/60:
100,000 u. S. Treasury Hills t[ft'ri?'_? 0
'r ,asM1; +, ._ „:, ,, -?<. i'`-•-• V ?. ' _•`• f due 12/60 .. 921L2 a9.0o 4•I,V, '..r p2i yc.
59
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'g ?"Sits ??.:'1:• ? ?:; Yr l:' .. a•, ?';;: ?? 7, - ", ;rr}y.1 :i•' ?.?'6.• '?
Balance cash on hand 10/21/60 204,163.89
?'?==r -? pia tom=
,?`:'aft,<.i'f1''`?;SF:s"'<i'i;'-:,' ,5?_ :??` -•?r'ti1•}s?°? ht-"?w??,`w??
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t"y Y?•2 n ?a s41t t t;,,, :5 Accounted for 6220380-46
'` +,!• i 1.rr ?. C4 .tY ?`r: :?: r?? .? S •}+€' -ens 3 ? 4? b +.
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? Yi `.,+X3?"`+.{ °f Yt;s ?4''•t4•ry-:: "4t'?r,y,+ ; `Fiir ri Trustee's ?'ea Calculated _ t 0 2 4 ?. 1/S'0 .?' {?.4:g... ,, ? ?"-`,:`*•'tY"' ?a{. ts,
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?r wi { ?iai ' L•`.wfik ?. w4 ;z ??;";s E{;':x.``t;% Percentage fee 1/10th of 1% A,J.'i?•?f?,'c,.`?
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of z55,2b•00 .255 27
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Less reenta a fee received
.S:•,':i"S)?'zr "f''"'."ti••.+ - .4/21/60
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Fee to 10/21/60. now duo 19I.6 ` M,
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