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f " ; • ' . R E S O L U T I O N r' •;'•
'et
No. 59-96
the First National Bank of Clearwater j?,`..?,
WHEREAS .
has agreed to finance gas equipment sold through the
City of Clearwater Utilities Department on a retail sale' ' `'?r
h, 1''r rC, yS?
fw?'
basis; and,
f-• '';>??r'";n'` ???
WHEREAS said contracts provide that there is no
'z' recourse agains? the City of Cleanater and
?t''t f':g `?'14'ai`?v'""':'?il• _ ': y?i3G?j?•?.rs'.
WHEREAS, it is necessary that one or more individ-
uals in the Utilities Department be authorized to execute ??;;, e ;` ;r ira •.; the original contract or application for submission to the
First National. Bank in order to facilitate financing of
consumer goods, equipment and appliances;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COM-
MISSION OF THE CITY OF CLF"IATER FLORIDA IN
' '-a ,,;,;: ;<;:?' :. ;:. r;' • ,' SESSION DULY AND REGULARLY ASSEMBLED: a'T
? ?,?°? ??f;ri,r T:[.?,?l.?y,??r .t.4 :?•:rs s^,"„'ir.:.q:: - - - oy -
1. That C. Fred Lucas and C. Fred Taylor be
and they are hereby expressly authorized to sign the non-
recourse type of COnStlnler contracts, a copy of which fOrIII ,+I.i..
; ??_`•: ,' r'" t' is attached and made a part of this Resolution by reference.
E s
" 3 The signature of only one of the aforementioned individuals
in necessary on each contract. r
2. A certified copy of this Resolution shall be
sent to the First National Bank of Clearwater Clearwater,
. Florida, for their permanent records.
3. The aforesaid authority herein vested in the
"t? •{" " ' said C. Fred Lucas and C. Fred Taylor may be revoked with-
`' out notice by the City and additional employe or employes
may be inserted in lieu of the foregoing naves,
PASSED AND ADOPTED, THIS day of October, 1959
ij .i1y.f..7y?d'•?'t
; a - ommiss o er
fittest :
er
Roso. 59-96 -1- 10-5-59. '
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E?
OF CLCARWATeR
Clearwaft1r, 131orida
iA
=AM AGYMMM AS TM MM YMUWM
-' The mderaigaed dealer, herelnsfter tersxd Daslar, vinlws the first faticeaal
c • i o
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s Bank o
Y
p
i?ematerp CImermterp FlorLdep ?gQ
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? ?s? ? t1MG tO wIM Mh ? YAlmd Title ??ts) hemft-
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a
! after tensed Coatractle, as are aaceptablre to mank. Auab pwaboves ohall be
: VIMM MOURS3 an Dealer oxcrpt an prolided in thu folloeeiag 'Cosec sad
.
'i
+ coetditlonsj to VU*h the parties hereby mutually sense.
1 .• x , • 1/ { 1. Dealer ehall# without apenee to lmA, serylce the propa.rky ca e& by
, each and ever? ench Contract, and otherwise parfoam al1 oblgatiooa with
r .:' r
.y ` '; ['• ` ' respect t estop In accordance with acy apteaewents vora ntyi or amamty
of the Manufacturer tbrereat or of Dealer, as cell as in amcdaim alth
Customa:7 trade practieas•
D. (a) Ownership of tha property described In the Contract rested to
;; "'" "`' S
S Dealer at the bees at sale to 8snkj (b) mmership of said pi'opsrty ie
:^<;• 3
3
?c:';r , ','.'., aaot submit to arW security interest of an cutetendim trust rjemalptl (a)
`
.
' no liens or claim exist aplnst acid propert,
aocrpt the rights ai the
,
., i: ;
E1 .•,: ''°„'
' purchaser ae stat" in such Cantsactj (d DWm is the sole and aaaond-
{
,? itIocal. carer of s=h Cmtmct and has the right to sell mm to bnkj (e)
the love-yevarnt ohm is the Contract ban been ac'qual2,j? rmmlved In lm-
?.w'.:k ,';Y f" am" of trhe United states, and the WW OM triad is (if say) cJas
been accepted by Daalar for pert payment and for the mount Own thsrefaj
(f) the laomatian cone bw tho V=baw is tray sat Horn to thr yur-
°
, a
I
T aa
c
hasear9 a statement Which aacaampp
d
i, o Abe Cont matsan
pachoeor was
'???•f ) 'S' 4' - 1.:.'
?- t?•: ?
ji3,{?±, I ch
y
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? the
o 2*pl up and competent y to YNY?ito ? c=tnc*. an he deirYe tbm*Cs
`
'
'
` (g) such aontraat arose from the bow Me sale of the property described
/
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;.
';,'ist
to "u `h.
„'•f' i
.. n`?o.? _.. ..... a-..r . ...... .... ..... 'E thsseInj
]h) the property is MLly cad correctly described Lf?R?r,hCm-
tract 14 the t ?'iajti c»
0 ?r hsa m !fe easeup e?etAffeq or CQWCY in
caaasetica with such Contract or the proper4 described tharefa.
3• The Dank will rQ UU* that the EWW's 8tlatonent oa the reeesee etch
of each sad ~31 WA" CoaU"t bbe filled In by the fterr t,.o ftebU the
Nj* to ?e the cnftti vm tbinm o the ?r• ? Bank =iii rourm
the right to "tune any Contract an a pow credit risk, tine the Zak
"Pam the credit rattan of The Bowyer of Meth ind aVarr such Contruti
the Dealer will be rnotifled of the eppvnl of such Coata=t at rhtch M n
d*UVM Will be es8e to buyer. Said Coa tlWt rill. !barn be wsigxMd by
tlho Daum over to tbs Betak,# without !melee.
?• Us SUft Will isalbe to US Mgvr of eaah and errrry VXh COUtCted4 •
yquat book of VW 96beftl a of >Mants CaMiaa scab cad VM7
pitch faoaunlmte MA all eta are parable at the first Rattooat Dank
of mearmtsvo l?3na t",
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ySav?:'.31.1??^r7c?Y-a'•Lte". ?.s1t%J?b':rn::.v+iL;..Z =..."'.,.:'.*'1 ti,..!•,,.+, ?•t4i•.. .e'"+'i.i. ,ro ,e,F.?.er. ?+,?°_? ,s. .. •. ., ,., + ".q,-'-'tl, -."'l .?,'.'? a.... t?3' ..?s
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C?,,+11? ; z Ins
.J?? 01 Y04411 11171 i
Or CLEARWATER ? t',?]?'.y3•'?a:'ct?:?y
CIonrwator lorido
i'.'i1,: .1° •r':::lls7S`h9i5 .
Its Contracts submitted to the Bank vM be upon the torn approved } ', "' r• ?s;s
}: _ .7• by Am Bm*• The prLys sUpulated In amb and evety mrLwh Contract will
?.. ?""t'. es i^.?y^''`?t °`,.••r?. "
il'LRiW l? 94noma L?chartpwe?of??.per the chat ?.w dshea by the ?IY?vko It is
Vf •rt' "1 ,.•,t•. bmby agreed that he Bank ? accept a ? down paymMY of Wo of
the total cost of the goods cohered by eauah and snery much Coontreat. 1;;:;4 `)'?]•a' ?-a}t6' Stan
.^r ... .: ' `h?f.'. `"', ?:),. °It E:'SYA?i..'r ,. ^.:1•fa' Y
Thew Contracts aw be riaDnrad over • period or 6 - g
or nontha as per chart furnished by the MA, The uJul = mathly
payment on each cad every such Contract vill be no lnce than $9900. "an 4??#$?? ??`•1??`?"
.' ';tr r ;'` ' a w? each and every such Contract drawn v;p on 3aumvied couples it vi1l be pro- °i??:?;?_
qtuixed that both husbawd and mite sips as Aqerla on thews Contracts, and
'- '".tR; y';: `• i :. ,. - . ' '' that tho wife vM sip bar given au on such Contract. ir=a F !?,
Yi: ,? ii °;,;,.??s';.y'.',?_•.' "`,; . 'I• l
6,,,? ?.1.- ?yr? of the ??y?+,esr >t/Y/ /y l??Y and ? +/?,.. ?/Y.y? "?`?'r"? "ti,'?'r ?p•;a
'?':' S=`. i;r: .s?L,f• CJ r? [•j?'''.]-' _ ]• . In .be `vent ma VA Moe VaTan{Il.??r,muts, and 1?0dit me cxm-
twined herein shall be untrue or not comp]! ed vith by DeaUr, the waiver it' g
of recourse against Dealer shall be abrogat?ed? and Dem.2or mconditioaally ?;E??`t°
guarentees papettt of contracts affocted by any such bre>aeh of xarranty,
cmmnt, or condition and vill imiAtately, upon Gsmand of Dank, repuxr-
chase such Contrasts for the unpaid balance thimof. 0rIw4?A, ? t
tt ,JYF,^i;'••!?.' .d1 "'c*li.7.?t?G??? ? iii X.
?s`?r"r_ ::1 I• , `z i.. ?'' F??+?`t?'[: ? }n?• ? ?C.:;,?" t
?.? ?_; <; ' aT >?;:' ?'t ?.•- 7. In conjunction with the above 1lgriceooen#, the plc v111, make at'aibQble .,;~y=:;:?' f? `;? ` f?• `?'.
to the AQal.ear it Plow Plea line m a" goods the Dealer my obtain for damonstratlon purposes that could not ba obteinad an con nt. The ;;; ,> is{.y ;`'fir; t•' .k.:;,-' Bank vM advance 100$ of the cost of each item under this plan with aA
i .?(tEN•i+i'. ;=.',c t:. + .-1:
lO . .4''mei..? `'1'Af t. G,'r •,,;.., ltd ta?'1? •? ..?`? R
?3'F"' R ° ?.: ':=• ?,,. '•`:_.'i (y- , r'" -: ' .?
-. )• t `.'I?'
{ a?:r y i :L'(;?,' t of the outstanding balance eadu 30 dews. Mmoe item
},;"-, „?s;'.slfrytr.u• =i-••?'`?+:`: ;'rte",'v.:'r`F:i 1? 'Y.v
would be set up an a Bill of Bale -Trust Reaaipt. .•r ???? ?'., ]< ?F .
. f • ?f.r
:ay ?{?ti : ;?i ? w;• jiz'?'; ?.,uii•,f •. t'. r• , ;i = ??? ? 3?..,c S ?r e?' ?7,??+w'•4L( 7
'S.t .i FL° :•S dr.,'.-3 •' .js'? i ' ' tl 'F-;:. _!-k:?:tii?'`1y,`•..?;{..;r t?3iJ'P?fS t
F f? Kit:,3j :t `ty 3.,'.tWair c fl• This Agreement shall be bfndirlp: upon and inure to Via bensf of the ?V ,',??_f:?' • : ,^l .a? r??R'???a;' t
y H', ;a,7?1 ':'t'
a rs cw esei of the parties hare-
s/o
personal rapresentati•es, tceaegna s' F" , =r"'SRLa
a?'!7 S a_, ;•`F+ Sat Y`? ''.?.t?
??' ? ? `;.i?yrx• ,?' > > ?•s ' t °? : to. tither part6v 2rexreto shall have the right at at aa time upcm written i `:? '`;.,, ?2?:1?}• °'..'?` `r' 1:;. ?'-. =?i
E ?+.{;1 J?•'5y.[.3?{`.? ,4 ',t.. ,?i'i Y^??{ [T-". Lt':,-lpt` r?;`?`':>:2L'i
? ? '? •]?,?.? ] ,i ? `F':? ??',?`?; .°'? notice 11o cancel thin Ag%"=nt as to fYYYi- 4iiiimt,1+t/,Y.w) tzA mYWi v.liMwil I?' ; tr,>t?" y-'kiV•6' • f ?F" '• 31.k. S'
`''rye ;,:I w't;' (.'?'' r: v: A1•'1,:,, ?'_? ;,',j:ti:;',,,,y ?,n ;. .y,?•.:- ?,_?, fE?,
._ >?* .;r v? r. : 1` .:, s; t, . .? , j 1, ?,?;•
y1
. •t `.{ ?f ?*: i` ,.! ' at -Ion eb011 in no AMT affeot #be obligation of the Aeelel' as tQ Con- i" •,y., ,:: ;; I.v- rt, ? :., rtr Vs*i
to the effective date of aancelUtioo*
r
?r,?= ?'# -g/r • .:> a' assttra purchased Prim
,5;? "r?, i't?,f`ti-"•.:,.4?fi, r
? ?6 T;, t»Y'?il?`ri,?-?IiJ;'t ih':.=..'t ,'i i•:.,?`k.. ?•..: ..at?sF'^'?r ,..•:Z?,+..r?`:. ....?• rG?'ri$at., sl
Dated at_.Clea,ter
noariam, S? tember? $ , 1959
- N } Y 'S 1
The Mat National Beak of Clsarwat r
pC1ea?'rater, 7
"MA
W a d
Tittle ,
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d tl' ? •
xQ
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. 42
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.• ?,iF•a ?r•• `f F'.. V"'•Y ?' ,?!S::'S;S ,L±, ?..' .+ J(? ,5th}E? S^Y
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