74-901
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RESOLUTION
No, 74 - 90
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WHEREAS, the City of Clearwater has previously paid out of the
Utility Revenue Renewal & Replacement Fund certain sums 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 irk 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:
Nall Lumber Co., Inc. Concrete $ 28.07
633 Drew St.
Clearwater, Florida 33517
Boyce Company 1611 x 20" Tap Z, 485.00
12900 - 34th St. No.
St. Petersburg, Fla. 33732
Trans-State Construction Co. Water Main Extension 11,700.00
P. O. Box 3303 " " " 5,913.25
Clearwater, Fla. 33518 " 11 It 10, 379.60
TOTAL $30,505.9Z
for a total reimbursement to the Utility Revenue Renewal & Replacement
Fund of $30,505. 9Z.
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 $30, 505.92 be paid to the Utility Revenue Renewal &
Replacement Fund of the City of Clearwater from the Construction Trust Fund
by the Barnett Bank of Clearwater, N. A., Clearwater, Florida, Trustee
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Resa. #7+4-90 '
8-19-74
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thereof of.Conetruction Trust Fund Agreement dated May 25, 1973, which
Construction Trust Fund is derived from the proceeds of the sale of Utility
Revenue Certificates, Snries 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 19ti
Attest:
City Clerk
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