HomeMy WebLinkAboutResolution No. 1966-73 •
C OCROFILIVIED
440-80
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• RESOLUTION NO. 66-73
A RESOLUTION PROVIDING FOR THE DELIVERY
OF THE CITYS 31, 200, 000 STORM DRAINAGE
GENERAL OBLIGATION BONDS, SERIES OF
1966: PROVIDING PAYING AGENT FOR SUCH
BONDS: DESIGNATING AND APPOINTING A
DEPOSITORY FOR THE CONSTRUCTION FUND
FOR THE PROCEEDS OF SUCH BONDS :
PROVIDING AN EFFECTIVE DATE.
• WHEREAS, the City Council of the City of Cape
Canaveral, Florida, did meet on the luth day of November
1966 at 1 : 00 o' clock P.M. to open and consider all bids
submitted for the $1, 200, 000 Storm Drainage General
Obligation Bonds, Series of 1966, and
WHEREAS, the sale of said Bonds was awarded to
Reynolds & Company, and
WHEREAS, the representative of Reynolds & Company
requested of the City a delay in naming the time and
place of the sale and delivery of such bonds; the
designation of the paying agent of such bonds and the
designation of the depository for the construction
fund for the proceeds of such Bonds .
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF CAPE CANAVERAL, FLORIDA, that;
SECTION 1 . $1, 200, 000 Storm Drainage General
Obligation Bonds, Series of 1966, shall be delivered
to Reynolds & Company on or about December 14, 1966,
at New York City, New York.
SECTION 2. The $1, 200, 000 Storm Drainage General
Obligation Bonds, Series of 1966, shall be payable at
The First National Bank of Cape Canaveral, City of
Cape Canaveral, Florida.
RES 44 - 7J.
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SECTION 3. Barnett First National Bank of Cocoa,
Florida, is hereby designated and appointed the depository
for the Construction Fund for the proceeds of such Bonds,
in conformity with the Resolution adopted by this Council
authorizing .the issuance of said Bonds.
SECTION 4. This Resolution shall take effect
immediately upon passage.
ADOPTED by the City Council of the City of Cape
Canaveral, Florida on this 6th day of December 1966.
Mayor
Attest:
City Clerk
Approved as to Form:
City Attorney
REIS 66- 7.1
PAIGE 2. ORZ
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