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Resolution 10121 RESOLUTION NO. 10121 WHEREAS, as of July 1, 1959 there will be in the Reserve Account of the Bond and Interest Redemption Fund of the Metered Parking System the sum of $210,000 .00, of which sum $15,000.00 is required by the provisions of Resolution No. 7127 and Resolution No. 9651 to be expended for the redemption and retirement of Parking Revenue Bonds, Series 1950, in advance of maturity, and WHEREAS, out of the sum authorized to be expended by Resolution No. 9876 for the purpose therein set forth there remains a balance of $3,710 .24, which should also be made available for the purpose hereinabove set forth, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, that the sum of $18, 710 .24 be expended for the redemption and retirement of Parking Revenue Bonds, Series 1950, in accordance with the provisions of Resolution No. 7127 and Resolution No. 9651, and to the extent that said sum permits, and BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, that the Miami Beach First National Bank of Miami Beach, Florida, the Depositary designated in said Resolutions, be and it is hereby authorized and directed, in accordance with the provisions of Resolution No. 7127 and Resolution No. 9651, to call for redemption and to thereafter redeem and retire such number of Parking Revenue Bonds, Series 1950, as said sum of $18, 710.24 permits, and BE IT FURTER RESOLVED that a duly certified copy of this resolution be transmitted to the Depositary, the Miami Beach First National Bank of Miami Beach, Florida, as sufficient evidence of the full and complete authority of said Depositary to so act in the premises. PASSED AND ADOPTED this 20th day of May, 1959. Mayor Attest: %_ City Clerk OFFICE OF CITY ATTORNEY - CITY HALL - MIAMI BEACH 39, FLORIDA r-t o N •ri ri -N O p N • b 0 0 60 •iO4•N‘A 31'413%x t‘Itt H 610•-• 7*41 r1 w 'm a �cl-to 0 o cq