8/21/1933 - Laserfiche WebLink

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The following `resolution was introduced by Commissioner Knight, and was unanimously adopted: BE IT RESOLVED, by the Board of County Commissioners of Indian River County,Flo- rida, in special session assembled this 21st day of August, 1933, that this Board hereby elects to invoke and does hereby accept and adopt the provisions of Paragraph (d) of House Bill #30 approved May 270 19339 and does hereby determine that it is for the best interest of rrW. ian River County to use any and all moneys derived from the gasoline tax and now or hereafter c,)Zedited to the account of this County or Road and Bridge Districts therein, for the purpose of purchasing at a price below the par value thereof and at the lowest acceptable offer subject to the specific limitations hereinafter prescribed* any road and bridge bond or bonds of such County or Special District, and the exclusive use of such funds by the State Board of Administration for the purchase of such County and District road or road and bridge bonds to which such moneys as credited to this County would be applicable.' is hereby sanctioned and approved, and the State Board of Adminis.• tration is hereby authorized and requested, until further notice, to use such funds exclusively for the purchase of such bonds in open market transections in accordance with the general provisions of the 1933 Act, and subject to the following limitations as specifically provided in Paragraph (g) thereof: Price to be paid shall not excded 28 FLAT for all bonds. In the event bid is submitted for more than 28 Flat notify Board County Commissioners and additional resolution will be adopted if bid is satisfactory. BE IT FURTHER RESOLVED, that any and all transactions consummated or negotiations instituted and or commitments made by the State Board of Administration on behalf of Indian River County under and by virtue of the authority hereby extended pursuant.'to the terms of H: B. #301, are hereby ratified and Confirmed. BE IT FURTHER RESOLVED9 that a certified copy of this resolution be immediately furnished the State Board of Administration. The Chairman announced thea, among other things, this special meeting was held for the purpose of considering and acting upon and adopting the estimates of the expenses for the fiscal year commencing October 1st 1933, and ending September 30th 19349 which were prepared and entered upon the minutes of the meeting of the Board of County Commissioners, held on the 2nd day of .August, 1933, and to fix the rote of taxation for the year 1933. A copy of the advertisement containing the estimates or budget made by the Board of County Commissioners at a meeting held at the Court House on the 2nd day of August, 1933, with the publisher's affidavit annexed as presented to the Board and ordered spread upon the minutes .and is in words and figures as follows: