Resolution 76-15038 g
RESOLUTION NO. 76-15038
A RESOLUTION APPROVING SALE, ASSIGNMENT AND
TRANSFER OF A MAJORITY OF THE STOCK OF MALL
TRANSPORT, INC. TO ALLEN PORTER.
WHEREAS , Mall Transport, Inc. , the operator of the
Lincoln Road trams, has , pursuant to Section 16 of Resolution
No . 73-14128, requested the City to approve the sale, assignment,
and transfer of a majority of its capital stock to Allen Porter,
and
WHEREAS , said request is in conformity with the require-
ments of said Sections 11 and 14 of said Resolution, and
WHEREAS , the City Manager and the City Attorney have
found and determined that it is not financially advantageous to
the City of Miami Beach to acquire the assets of said Mall Transport,
Inc. , under the City' s right of first refusal, under the franchise
held by Mall Transport, Inc. , and the City Council has found and
determined that the acquisition of said assets is not in the best
interests of the City and its residents , and
WHEREAS, the City Council has found and determined that
the approval and consent of the City Council. to such sale,
assignment and transfer is in the best interests of the City;
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COUNCIL
OF THE CITY OF MIAMI BEACH, FLORIDA, that said sale, assignment
and transfer of a majority of the stock in Mall Transport, Inc. •
to said Allen Porter be and the same is hereby approved and
consented to.
PASSED and ADOPTED this 5th day of May , 1976 .
VVxe Dior
Attest:
•
' 66,00--,1,-.L ). -eW---574-"4-'4:'
City Clerk
OFFICE OF THE CITY ATTORNEY - 1130 WASHINGTON AVENUE - MIAMI BEACH, FLORIDA 33139
ORIGINAL
RESOLUTION NO. 76-15038
(Approving sale, assignment and transfer
of a majority of the stock of Mall
Transport, Inc. to Allen Porter)