Resolution 81-16565 •
RESOLUTION NO. 81-16565
A RESOLUTION AUTHORIZING EXTENSION OF AN
AGREEMENT WITH FLAGSHIP NATIONAL BANK OF
MIAMI TO SERVICE THE COIN COLLECTIONS OF
THE PARKING SYSTEM FROM SEPTEMBER 1, 1980
FOR A PERIOD OF TWELVE MONTHS.
WHEREAS, the City Commission of the City of Miami Beach
by its Resolution No. 77-15416 passed and adopted the 17th day of
August, 1977, .did authorize the execution of an agreement with
Flagship National Bank of Miami Beach, now known as Flagship
National Bank of Miami, to service the coin collections of the
Parking System for a period of one year; and
WHEREAS, during the period said agreement was in effect,
the Flagship Bank has performed all services specified in said
agreement in a totally satisfactory manner; and
WHEREAS, Flagship Bank is willing to extend the agreement
for an additional year at an increased annual fee of Twenty Thousand
Two Hundred Thirty Five Dollars ($20,235.00) ; and
WHEREAS, there are sufficient funds available in the
Metered Parking System to pay the cost of said services; and
WHEREAS, an appropriate agreement has been prepared and
has been approved as to form by the City Attorney, copy of which
is attached hereto and made a part hereof; and
WHEREAS, the City Manager has recommended to the City
Commission that said agreement be entered into; and
WHEREAS, the City Commission of the City of Miami Beach
deems it to be in the best interest of the City and its residents
to enter into said agreement;
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION
OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and the City
Clerk be and they are hereby authorized and directed to execute said
agreement in the name of and on behalf of the City of Miami Beach,
and that the disbursing officers of the City are hereby authorized
and directed to disburse the monies required by the terms of said
agreement from the funds of the City available for such purpose; and
BE IT FURTHER RESOLVED BY THE CITY COMMISSION OF THE CITY
OF MIAMI BEACH, FLORIDA, that in the event Flagship National Bank of
Miami is amenable to the further extension of said agreement beyond
September 1, 1981, that the City Manager is authorized to extend the
terms of same for additional periods of one year should he deem such
extension in the best interests of the City and provided funds are
budgeted and available.
PASSED and ADOPTED this 18th day of February , 1981.
, Maw r
Attest : \
-442411:, se4.(46.,...0 FORM AP PROV
City lerk . ,& F, )
LEG DEP I i
immummommommommy ORIGINAL111
RESOLUTION NO. 81-16565
(Authorizing extension of an agreement witr.
Flagship National Bank of Miami to service •
the Coin Collections of the Parking System
from September 1, 1980, for a period of
12 mos. , to August 31, 1981)