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F.'
RE SOLU'T'ION
No, 61 - 74
r WHEREAS, the Bank of Clearwater, Clearwater, Florida, 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 Tax Improvement Certificates, Series
of 1959; and,
WHEREAS, said Bank has submitted a bill in the amount of
$460. 37 for its compensation, in accordance with the provisions of
said Trust Fund Agreement, which said bill should be paid from said
Trust Fund;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY
COMMISSION OF THE CITY OF CLEARWATER, FLOR-
IDA, IN SESSION DULY AND REGULARLY ASSEMBLED
AS FOLLOWS:
1. That the sum of $460. 37 be paid from the Construction Trust
Fund, dated October 21, 1959, by the Bank of Clearwater, Clearwater,
Florida, Trustee thereof, to the Bank of Clearwater, Clearwater, Florida,
in payment of its bill dated July 18, 1961, for Trustee's compensation
as provided in said Agreement.
2. That a certified copy of this Resolution be delivered forth-
with 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 August, 1961.
Acting Mayor- ommiss<ioner
Attest:
Clerk,
'4:f s E_
S :.
4613 61-74 y 8-7-61
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;;y ; ° 1• july 18, 196
i
To:
City of Clearwater
Clearwater,,'lorida Attention: Frank Abernathy
Treas.
Amount due for services in handling Construction
k' Trust Fund Agreement:
Total withdrawals from 1-1-61 to
7-1-61 - -$460,371.64
1/,10.of 1% of Total Withdrawals P460.37
BANK OF CLEARWATER
BY: (f"", 711 , ,.,I.--.
Asst. Cashier
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