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Resolution 10493 RESOLUTION NO. 10493 WHEREAS, pursuant to the provisions of Section 11, Ordinance No. 1140, of the City of Miami Beach, granting a Franchise to the Miami Beach Railway Company, the said Miami Beach Railway Company has heretofore delivered ten (10) One Thousand Dollar ($1,000 .00) United States Government Bonds, described as follows: 364185E with 34 coupons attached 302920L with 34 coupons attached 288463C with 34 coupons attached 282713C with 34 coupons attached 282711A with 34 coupons attached 144710L with 34 coupons attached 114108J with 34 coupons attached 18468 J with 34 coupons attached 18469 K with 34 coupons attached 290453C with 34 coupons attached as security for the self-insurer provisions of said Ordinance, said Bonds being held for safe-keeping by the Miami Beach First National Bank, as authorized by Resolution No. 3163, and WHEREAS said Miami Beach Railway Company has requested the City for the return of said Bonds, and for leave to substitute therefor an approved surety bond in the sum of Twenty Thousand Dollars ($20,000 .00) conditioned as required by said Ordinance, and WHEREAS said surety bond has been duly approved by the City Attorney as meeting the requirements of said ordinance, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH that said surety bond be accepted in lieu of said United States Government Bonds and that the Miami Beach First National Bank be and it is hereby authorized and directed to deliver and surrender said United States Government Bonds, hereinabove described, to the Miami Beach Railway Company, and BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH that the City Clerk be and he is hereby authorized and directed to transmit a duly certified copy of this Resolution to the Miami Beach First National Bank as sufficient proof and authority for said Bank to surrender and deliver said Bonds to said Miami Beach Railway Company. PASSED AND ADOPTED this 1st day of February, 1961. Mayor Attest: i'161/4)2C City Cl rk Note: This surety bond filed in east vault with other bonds and insurance policies. Bond expires 12/26/62. OFFICE OF CITY ATTORNEY- 1130 WASHINGTON AVENUE-MIAMI BEACH 39,FLORIDA • t. $331\INVOS a- � 0 aJ a, U) •d •U 00u) U A•riW (I) 0 fn 0 u) O (0 O O O a-► • N fj rl O v 44 O S-r rd H Z U Sa O ?+ $a 0 • ra N O A N rd a off b, Ord u) O 1-4 N O ,C 4-I U -I 0 •rl •4-1 r H ' POO • N O (x3 O N U) u) $-I • 4) W 0 Saw (I) 04-1 •r+ 0 04-1 U) a 0 H 4-1 0 --