Loading...
Resolution 132 o L -E- 101-L No . ! 32- RESOLUTION of the City Council of the City of Niami Beach, Florida, authorizing and confirming the issue of Three Thousand Dollars of revenue bonds or notes. WHEREAS, on December 3, 1919, this City Council author- ized the issue of Three Thousand Dollars of Bonds for the purchase of a City Hall and WHEREAS on January 8, 1920, pur- suant to said authorization, said city issued three (3) Re- venue bonds in the sum of One Thousand Dollars each, numbered from one (1 ) to three(3) both inclusive, bearing interest at the rate of 6% per annum, payable January 8, 1921, to be paid out of the revenue for the year 1920, which bonds were sold and are now in the hands of the SOUTHERN BANK &: . TRUST COiti12ANY of Miami, Florida. NOW BE IT RESOLVED by the City Council of Miami Beach, Florida, that it does hereby authorize and confirm the issu- ance of three ( 3) revenue bonds in the sum of One Thousand Dollars each, numbered from one (1 ) to three ( 3) both inclus- ive, dated January 8, 1920, and now held and owned by the Southern Bank & Trust Company of. Miami, Florida, which notes are authorized and confirmed, to bear interest at t1a rate of 6% per annum, and to mature January 8, 1921, which said bonds itis hereby recited were issued and are hereby authorized LI full Jtccordance with the charter of said city, and it is here- by recited that no limitations upon such issuance have been exceeded by said City Council, Adopted this 17th day of November, 1920 . President • City Council Affest: City Clerk. ,44; 41 A this 17th da7 (1 ,5Novembex,A•D•1920 . / mayor ] ) ] 0 1�J ,