Resolution 9781 RESOLUTION NO. 9781
WHEREAS, as of July 1, 1958, there will be in the
Reserve Account of the Bond and Interest Redemption Fund
of the Metered Parking System the sum of $165,580.00, of
which sum $15,580.00 is required by the provisions of
Resolution No. 7127 to be expended for the redemption and
retirement of Parking Revenue Bonds in advance of maturity,
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COUNCIL
OF THE CITY OF MIAMI BEACH, FLORIDA, that the said sum of
$15,580.00 be expended for the redemption and retirement of
Parking Revenue Bonds, Series 1950, in accordance with the
provisions of Resolution No. 7127, 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 Resolution, be and it is hereby authorized and directed,
in accordance with the provisions of Resolution No. 7127, to
call for the redemption and to thereafter redeem and retire
such number of Parking Revenue Bonds, Series 1950, as said
sum of $15,580.00 permits, and
BE IT FURTHER RESOLVED by the City Council of the City
of Miami Beach, Florida, 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 28th day of May , A.D. 1958.
Mayor
ATTEST:
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