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HomeMy WebLinkAboutResolution No. 1965-31 MICROFILIVIED 4-10-80 RESOLUTION NO. (pc- 31 A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE FOR THE CITY A CONSTRUCTION ACCOUNT AGREEMENT WITH THE FIRST NATIONAL BANK OF CAPE CANAVERAL, FLORIDA; PRO- VIDING AJ DIFIXTIVE DATE. BO IT RESOLVED BY TR& CITY COUNCIL OF THE CITY OF - CAPE CANAVERAL, FLORIDA, THAT; SECTION I. Thatpursuant to the bond validation 0 . woe authorizing the issuance of the City's Sanitary Sewer System Bonds adopted on February 5, 1965, as amended, a Construe.- tion Fund Agreement shall be entered into between the City and the First National Bank of Cape Canaveral, Florida. SECTION U. Pursuant to Resolution No. adopted on April 20„ 1965 said- First National, Bank of Cape Canaveral, Florida has been designated the depository of said ConstrUction Funds. SECTION III. The Mayor is hereby authorized and directed to execute on behalf of the City 4 Construction Fund Agreementwith the First'National Bank of Cape Canaveral, Florida, and said agreement shall be approved by the City Attorney. • SECTION IV.- This Resolution shall become effective immediatbly upon its adoption. ADOPTED by the City Council of the City of Cape Canaveral, Florida, on this :23rd day of April, 1965. vlayor Fro Tem Attest: Giti Clerk Approved as to form. , • APA-, - : City '1 orney • r,