Resolution 11257 RESOLUTION NO. 11257
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
MIAMI BEACH, FLORIDA, that The Miami Beach First National
Bank, Mercantile National Bank of Miami Beach, The City
National Bank of Miami Beach, Bank of Miami Beach, and
the Jefferson National Bank of Miami Beach, be and they
are hereby made depositories for funds of the City of
Miami Beach, Florida,
Provided, however, that at all times there shall
be retained on deposit a minimum of Twenty Five Thousand
Dollars ($25, 000 .00) in each of the said depositories .
Further provided that, unless otherwise specified,
and with the exception of heretofore designated specific
accounts, all deposits by the City shall be interest
bearing time deposit accounts .
BE IT FURTHER RESOLVED that all resolutions in
conflict herewith are hereby rescinded and repealed.
PASSED and ADOPTED this 1st day of July, 1964.
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ATTEST:
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City Cl
OFFICE OF CITY ATTORNEY- 1130 WASHINGTON AVENUE -MIAMI BEACH 39, FLORIDA
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