HomeMy WebLinkAboutResolution No. 1983-81RESOLUTION NO. 83 -81 M/CpOFII � �p
A RESOLUTION ESTABLISHING OFFICIAL DEPOSITORIES 4'1
FOR CITY FUNDS; PROVIDING AN EFFECTIVE DATE.
WHEREAS, Article XVII, Section 8 of the City Code requires
official depositories for City funds be established by Resolution,
and
WHEREAS, the following listed local financial institutions
are all eligible to be official depositories.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the
City of Cape Canaveral, Florida, as follows:
SECTION 1. The following banks shall be considered official
depositories for City funds.
1. First Bankers of Florida, N.A.
7800 North Atlantic Avenue
Cape Canaveral, Florida 32920
2. First American Bank & Trust
82 North Atlantic Avenue
Cocoa Beach, Florida 32931
3. Duval Federal Savings
7510 North Atlantic Avenue
Cape Canaveral, Florida 32920
4. American Bank
1775 North Atlantic Avenue
Cocoa Beach, Florida 32931
5. The Sun Bank
3670 North Atlantic Avenue
Cocoa Beach, Florida 32931
SECTION 2. This Resolution shall in no way alter the
requirement as to designated depository as required by prior
bond validations.
SECTION 3. The procedure for disbursement of funds shall,
at all times, be in conformance with the City Code.
SECTION 4. This Resolution shall become effective immediately
upon its adoption.
ADOPTED by the City Council of the City of Cape Canaveral,
Florida this Ist day of November , 1983.