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RESOLUTION
?'{y?3'.?,4`?`?f:7::,'ti.:.r•r .e j No. 61 58
WHEREAS, the First National Bank of Clearwater is Trustee
', `a,15zLr'F??p a', under and by virtue of a Construction Trust Fund Agreement, dated
June 10, 1957, which Construction Trust Fund is derived from proceeds
:?.,: ``; ''• of the sale of Utility Revenue Certificates, Series 1956; and,
Wpb~9,;, WHEREAS, said Bank has submitted a bill in the aYnount of
$2.56 for its compensation, in accordance with the provisions of said
':, :'t;•
Trust Fund Agreement, which said bill should be paid from said Trust
Fund;
NOW, THEREFORE, BE IT RESOLVED BY THE
y tii. , •i.,1
CITY COMMISSION OF THE CITY OF CLEARWATER
T1?i'.y?-0<y. FLORIDA, IN SESSION DULY AND REGULARLY
ASSEMBLED AS FOLLOWS:
i ? r,n sAtty.y ,i1. That the sum of $2. 56 be paid from the Construction Trust
t`.r=?tzttYt;?' f Fund, dated June 10, 1957, by the First National Bank of Clearwater,
?r S, 37rY,,=•,,.. Florida, Trustee thereof, to the First National Bank of Clearwater,
Florida, in payment of its bill dated June 10, 1961, for Trustee's
•." g''' ?xf compensation as provided in said Agreement.
ra= 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 19th day of June, 1961.
ayor-. 'n r
Attest:
ty Clerk
` Mao. 61-58
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1.
6 ?,19-61
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1 Sr?y'?a siS?;? + - - 'rs ?' ,?.' •:y:???=,,?;ti..?;rs.•:;.?,i.';'.°4??dr' ??,
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'V !,. .h.
CITY OF CLBARWATSR CONSTRUCTION FM TRUST SERIES-1956
6/19/57 Funds deposited in Trust 1,942,900,11 r `"#,?''`Py?.y r
tl
t
to
y
funds deposited in Trust 6,000.00
,. ,
Additional fu n .? .
11/8/60
Addition
p
. f'.
s
12/60 Additional funds deposited in Trust 7,500.00 `:;'?'.?,M°r;i•ti???'???=;
?,;,.r -'• • 6/16/57 Total funds deposited to
City, of Clearwater'necouats
Paid out by Trustee on
requisitions and resolutions
as follows:
From 12/10/57 to 12/10/60
From 12/10/60 to 6/10/61
Balance cash on hand 6110/61
"; Trustee's Fee Calculated to 6/lO/61
Percentage fee calculated on payout
'of $1,952,637.83
1/10th of 1% of 1,000,000
1/25th of 1% of 952,637.83
1,956,400.11 Vq" -TI
58,111.11 ?':•:• ?..•, ?'r r ? ;? ,? ,
1,946,257.81>
6,380.02 1,952,637.83 `'-
1,746.56
Accounted for
i'x VU I.- i%
Less'percentage f ee previously received:
, 12/10/57 147.99
;wirf'r €: .?
?" ?; =- •.
"
` 6fZOf58 763.95
s i
,
, ;
. 12/10/58 271.24
'
,
i
L
?
e
f
`
`
i 6110/59
12/10/59 150.05
14.05
.I" ,
?._!:i-ls?t
i'r:' r
r:7'i; t
.
i\
,.?
_ R
'?n? • .
6/10/60 16.30
12110/60 14.92
Balance of fee to 6/10161 now due
2,012,495.50
1,000.00
381.06
1,381.06
_1,378.50
2.56
?i
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i.
DAV
FIR
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