Resolution 10612 RESOLUTION NO. 10612
WHEREAS, it is estimated that as of January 1 , 1962,
there will be in the Surplus Revenue Fund of the City of Miami
Beach Parking Revenue System, the sum of $701 ,502.52, of which
sum $191 ,482.43 is required by the provisions of Resolution No.
9651 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 $191 ,482.43
be expended for the redemption and retirement of Parking Revenue
Bonds, Series 1958, 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 tenders or redemption
and to thereafter retire such number of Parking Revenue Bonds, Series
1958, as said sum of $191 ,482.43 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 com-
plete authority of said Depositary to so act in the premises.
PASSED and ADOPTED this 2nd day of August, A.D. 1961 .
12./10
Mayor
ATTEST:
City C erk
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