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Resolution 5589 RESOLUTION NO. 5589 WHEREAS, on the first day of July, A. D. 1942, the City Council passed and adopted Resolution No. 5566 in connection with a suit involving Collins Avenue assessments entitled, "A. M. Tenney, et al versus City of Miami Beach", and the decree entered therei l by the terms of which resolution it was resolved as fol- lows : "That the City Manager and the City Attorney are hereby authorized to enter into the follow- ing agreement with such persons as are entitled under said decrees and such further decrees as may be made by said Court to a refund of the money paid by them on account of said Collins Avenue assessments as follows : 1. To reduce the amount of interest on said claims as provided in said decrees from 8% to 4%, interest at the rate of 4% being payable from the date of pay- ment to the City to the date of final repayment by the City. 2. To pay to such claimants 25% of their claims, with interest as aforesaid upon such claimant in- dicating in a manner satisfactory to said City Mana- ger and said City Attorney his acceptance of this proposal. 3. To pay the balance of said claims, with interest as aforesaid, in the following installments, that is to say: 371% in• December, 1942; 37*% in December, 1943." and WHEREAS, an order has been entered in said suit directing the City of Miami Beach to refund to Arthur McBride the sum of ?366.08, paid on the 6th day of December, 1940, by said Arthur Mc- Bride on account of improvement liens for Collins Avenue paving against Ld. s 1 and 2, Block 9 of Harding Townsite: ; and WHEREAS, said Arthur McBride has indicated his willingness to accept interest on said sum at the rate of 4% per annum from the date of payment but, by reason of circumstances beyond his control, is unable to accept payment except in a lump sum; and WHEREAS, it appears to be to the best interest of the said City to make payment of said refund in full, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Miami Beach, Florida, that the City Clerk be and he is here- by authorized to refund to said Arthur McBride the s aid sum of -1- 366.08, together with interest thereon at the rate of 4% per annum from December 6th, 1940, to the date of such refund. PASSED and ADOPTED this 28th day of July, A. D. 1942. • c/b, % ._ Acting Ma' or ATTEST: ty Clerk II • ON a) • •r+ �o ° OH •r- , rd o c w Lc, . a) p N • 4-1 .0 a) a)rd o a) re\ z ;-, O (I) z 0 11<H w H H .r-I .r1 •rl fA EH N w4) na 4-+ O O _O O •r1 a Ea CO 4- H 4- 40 [ri CI Q •rl gl V O 40 cd cd4t cdx