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RESOLUTION
No. 74 - 36
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WHEREAS, the City of Clearwater has previously paid out of the
Utility Revenue Renewal & Replacement Fund certain sumB'to cover con-
struction and engineering costs incurred in connection with the extension of
the water and sewer system of the City; and
WHEREAS, the reimbursement of these sums to the City of
Clearwater Utility Revenue Renewal & Replacement 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
1972; and
WHEREAS, the City of Clearwater Utility Revenue Renewal &
Replacement Fund should now be reimbursed from the Construction Trust
Fund derived from the proceeds of the sale of Utility Revenue Certificates,
Series of 1972, the following sums:
BSW Enterprises, Inc. Water Main $27,449.30
Lakeland, Florida 33801
Trans-State Construction Co. Well Fields 8,218.25
Clearwater, Florida 33515
Keystone Valve Parts & Supplies 804.60
Houston, Texas 77005
Southeastern Municipal Supply Parts & Supplies 1,898.53
Birmingham, Alabama 35201
Clow Corporation Parts & Supplies 5,072.82
Birmingham, Alabama 35201
Bank Supply Co. Galvanized Pipe 1,575.19
St. Petersburg, Fla. 33712
$45,018.69
for a total reimbursement to the Utility Revenue Renewal & Replacement
Fund of $45,018.69.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY
COMMISSION OF THE CITY OF CLEARWATER, FLORIDA,
IN SESSION DULY AND REGULARLY ASSEMBLED, AS
FOLLOWS;
-1-
Reso. 674-36
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4-1-74
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1. That the sum of $45, 018.69 be paid to the Utility Revenue
Renewal & Replacement Fund of the City of Clearwater from the Construction
i
Trust Fund by the Barnett Bank of Clearwater, 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,
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 said Trustee to pay the foregoing sums directly to
the said,City of Clearwater Utility Revenue Renewal & Replacement Fund
forthwith in compliance with Section 3 (c) and other provisions of said
Construction Trust Fund Agreement.
PASSED AND ADOPTED this 1st day of April, A. D., 1974.
Attest:
L ?-ed
City Clerk
' peso. X74=36' 4-I-74
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