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R E S O L U T 10 N
°ri;f
_: q
y' 62
No
- 75
t
. ,
.
rir=?`fl,• : ''' WHEREAS, tho Bank of Clearwater, Clearwater, Florida, is
Trustee under and by virtue of a Construction Trust Fund Agreement,
dated duly 18, 1961, which Construction Trust Fund is derived from
. , precends, of Clio sale of Utility Tax Improvement Certificates, Series
of 1960; and
WHEREAS said Bank has submitted a bill in the amount of
for its compensation in accordance with the provisions of said
$449.59
,
Trust Fund Agreement, which said bill should be paid from said Trust
Fund;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY
COMMISSION OF THE CITY OF CLEARWATER,
FLORIDA, IN SESSION DULY AND REGULARLY
ASSEM$LED, AS FOLLOWS:
1. That the sum of $449. 59 be paid from the Construction Trust
Fund, dated .Tuzy 18, 1961, by the Bank of Clearwater, Clearwater,
Florida, Trustee thereof, to the Bank of Clearwater, Clearwater, Florida,
in payment of its bill dated June 11, 1962, for Trusteets compensation as
provided in said Agreement.
2. That a cortified copy of this Resolution be delivered forthwith
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 , 18th day of June, 1962.
Attest:
r' 10
C' Clerk
Reso.62-75
ayax-Commissio er
1.
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RICHARD C, KIMBALL
June 11, 1962
City of Clearwater
Treasurer's Office
P. O. Box 1348
Clearwater, Florida
TTE I
it of ] a on.TrUst-rulw
Dear Mrs. Hesch:
We have computed our fee in respect of the above-entitled trust
for the period July 18, 1961 tojune 30, 1962 as follows:
Basic Fee $100,00
1/10th of 1% of $299,587.99 disbursed to
June 11, 1962. 299.59
Statements and duplicate requistions and
receipts: 10 Mos. @ $5.00 each 50.00
$449.59
It will be appreciated if you will take the steps as may be necessary
to have the requisite resolution passed by the City Counsel authorizing
payment.
. •r
RCK:myn
P-171'
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Very truly yours,
Vice Preside St Officer
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