HomeMy WebLinkAboutResolution No. 1986-62RESOLUTION NO. 86 -62
A RESOLUTION ESTABLISHING OFFICIAL
DEPOSITORIES 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,followa+
SECTION 1. The following banks shall be considered official
depositories for City funds,
1. First Union National Bank
7800 North Atlantic Avenue
Cape Canaveral, FL .32920
2. First American Banki'Trpet
82 North Atlantic Avenue
Cocoa. Beach, FL 32931
3. Duval Federal Savings,
7510N. Atlantic Avenue -
Cape Canaveral, FL 32920
1. American Bank
1775 North Atlantic Avenue
Cocoa Beach,.FL. 32931 -
5. The Sun Bank
320 West Cocoa Beach Causeway -
Cocoa Beach, FL 329$1
6. The First.
1701 North Atlantic Avenue
Cocoa Beach, FL 32931'.
7. First Federal Savings i Loan Association
of Osceola County
3616 N. Atlantic Avenue
Cocoa Beach, FL 32931
S. State Board of Adminiatration -
1230 Blountstown Hwy.
Post Office Drawer 5318
Tallahassee, FL 32314
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 �oU funds shall,
at all times, be in conformance with the City Code.
RESOLUTION NO. 86-62
PACE 1 OF 2
MICROFILMED AUG 87
SECTION 4. This Resolution shall become effective
immediately upon its adoption.
ADOPTED by the City Council of the City of Cape Canaveral,
Florida, this 16th day of September , 1986.
Mayor Pro Tem
NAME
ATTEST:
NO
FISCHETTI
r
_MP .
X
ty Clerk
Ab
MARCHETTI
..Q
Ap] as to Form:
' ty Att me
Mayor Pro Tem
NAME
YES
NO
FISCHETTI
X
KIDD
X
LEE
Ab
MARCHETTI
X
NICHOLAS
t
RESOLUTION NO. 86 -62
PAGE 2 OF 2