9/16/1929 - Laserfiche WebLink

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( SEAT, ) a of Board of Couat-F a Commissioners of Indian River County. (SEAL ) . ASM) (SEAL Attest: (SEAL) tubers o oar The Board of County Commissioners of .said .county may sell the above time warrants at private sale without advertising; provided they are sold at not less than par, or said time warrants may be sold to the highest bidder after advertis+tnt for two successive weeks in a newspaper published in said county, provided that no public sale a of said time,warrants shall be for less than ninety-five cents on the dollar, together with all accrued interest -to date of delivery The proceeds of the time warrants provided for herein shall be used for the purpose of constructing and equipping a jail in and for said county. It shall be the duty of the Board of County Commissioners of Indian River County, Florida, to assess and levy annually a sufficient tax on all the taxable grope within said county for the purpose of obtaining interest and raising a sinking fund for the payment of the time warrants provided for herein, which tag shall be levied, assess- ed and collected in the same manner as other taxes, and it is hereby made the duty of, q the said Board of County Commissioners to.levy such special tag annually at the same time other taxes are. levied, so long as any of the warrants hereby authorized to be is may be outstanding end,- unpaid* Whereupon the roll was called upon the adoption of the said resolution and resulted as follows: 1 Ayes: Commrs. LaBruce; Hamilton; Yongue, Atkin & Helsetho Hays: Alone Mr. T. H. Leversedge, representing Pauly Fail Building Company appeared be- fore the Board and made an offer to purchase from said Board $22;000 in time warrants as provided for by resolution this day adopted by the Board, which offer is in words and figures as follows; to -wit: Sept. 16 1929. Board of County Commissioners Indian River County, Florida, Gentlemen: We hereby offer and agree to purchase from your Board $22,000.00 Indian River County, Florida, Time Warrants; as provided for in resolution this day passed by your Board, and to pay therefor the sum of par plus accrued interest to date of delivery, said Time Warrants to be dated -October 1, 19291, and to bear interest at the rate of seven per cent per annum; payable semi-annually; and we agree to take up and pay for sa Time Warrants at the time and in the amounts as specified for payments to be made by Honorable Board for the construction and equipment of a jail in and for said county, accordance with out bid originally submitted to your Body. Yours very truly, PAULY TAIL BUILDING COMPANY BY J, H, Leversedge Whereupon= Commissioner Yongue introduced the follow4-resolution: in 1 I. 1