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rt
s t ' RESOLUTION
g? y a
?'? ?'SFA`t? r
A ? No. 75 - 95 Rw `
l WHEREAS, the City of Clearwater has previously paid out of the
t r"r V
General Fund and the General Obligation Bond Fund certain sums to cover
.'
engineering expenses incurred in connection with the Clearwater Pass Jetty ? ? •'
and interest expense in connection with a loan to cover initial coats of said
;s .. ?%:, Jetty; and
WHEREASr the reimbursement of these sums to the City of Clearwater
I f ?.. ... ? 5M4rtti+.t.IklxS?(?"YS J_,:Vil? ?. •, 7,r,3??jt 1??
proceeds of the sale of the Bridge Revenue and Utilities Services Taxes
from
z?l
M? -Vi
"rti'?`11'Yi'} .1
w
.,,.. }.: Y,,•3?r? Bonds was included in authorizing the issuance of said Bridge Revenue and ..E.....
y • E 'fir '' i`- 4 u l: i?': `.!r ?• Yst:,'
;1y , Utilities Services Taxes Bonds; and
WHEREAS, the General Fund of the City of Clearwater should nowa
be xeimbursed from the Construction Trust Fund derived from the proceeds 1 7-
of the sale of the Bridge Revenue and Utilities! Services Taxes Bonds the
following sum:
Engineering charges for preparation of
plans, specifications and construction
supervision on Clearwater Pass Jetty $Z23,885,00
. for a total reimbursement to the General Fund of $2x3, 885. 00; and
{
t WHEREAS, the General Obligation Bond Fund of tho City of Clearwater
I
should now be reimbursed from the Construction Trust Fund derived from the
3
proceeds of the sale of the Bridge Revenue and Utilities Services Taxes Bonds the
following sum:
Interest due on loan to Bridge Operating Fund` ,
for initial costs of Clearwater Pass Jetty pending
t sale of Bridge Revenue and Utilities Services '
• ?a
Taxes Bonds $ 23,3Z9.45 f
for a total reimbursement to the General Obligation Bond Fund of $23, 229.45; }
NOW, THEREFORE, BE IT RESOLVED BY THE CITY
COMMISSION OF THE CITY OF CLEARWATER, FLORIDA,
IN SESSION DULY AND REGULARLY ASSEMBLED, AS
FOLLOWS:
t
1. That the sum of $223, 885, 00 be paid to the General Fund of the
City of Clearwater, and the sum of $23, 229.45 be paid to the General Obligation
Bond Fund of the City of Clearwater from the Construction Trust Fund by the
Bank of Clearwater, Clearwater, Florida, Trustee thereof of Construction
Rea. #75-95 7-21-75
9 >?}tiE F :MS'4'4.'4•:Yt=,f':1 *".??vtx•a •:?' '.. :'3_' i=:l':. - ..,_ ° .. .. 'Y t
#r,.• +" 24't • :FS::?' `.+?; .1:. '", I?-. }.. .,:,' r1 . ° ,??• ''`v?? "; iw,
k`
i;
Trust Fund Agreement, dated March 11, 1975, which Construction Trust Fund
is derived from the proceeds of the sale of Bridge Revenue and Utilities
Services Taxes Bonds dated June 1, 1974.
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 General Fund and General Obligation Bond Fund in
compliance with Sections 3 (B) and 3 (C) and other provisions of said
Construction Trust Fund Agreement.
PASSED AND ADOPTED this zlet day of July, A. D. 1975.
Mayor- Commi ions
Attest-
City Clerk
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