Resolution 7916 RESOLUTION NO. 7916
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA:
SECTION 1. That the proposal of Halsey, Stuart & Co. Inc. , and Associates,
as submitted by Robert H. Cook, for all of the bonds specified
in said proposal, said bonds to bear 2.6% interest, and which bonds were
authorized by the City Council in Resolution No. 7659, passed and adopted
on June 13, 1951, is hereby determined to be the highest and best bid re-
ceived for said bonds, said proposal being in words and figures following:
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SECTION 2. That said bid be and it is hereby accepted and that said bonds
are hereby sold to said bidders for the amount of said bid
and it is hereby deemed to be the best price obtainable for said bonds; and
SECTION 3. That the said $1,950,000. Public Improvement Bonds, to be issued
in three series, designated Series No. 1, 9, and 11, respectively,
and the said $449,000. Improvement Bonds to be designated Series No. 7,
shall all bear interest at the rate of two and six tenths per cent (2.6%)
per annum.
PASSED and ADOPTED this 6th day of February, A. D. 1952.
Mayor
ATTEST:
y Clerk
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