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RESOLUTION NO. 83- 11; <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA APPROVING AND <br />AUTHORIZING THE FLORIDA DEPARTMENT OF REVENUE IN <br />ACCORDANCE WITH RULE 12-10.09 (F.A.C.) TO DESIGNATE <br />® A BANK TO RECEIVE THE LOCAL GOVERNMENT'S 7TH CENT <br />POUROVER TRUST FUND TO COUNTIES WARRANT; AUTHORIZING <br />THE BANK SO DESIGNATED TO WIRE TRANSFER SAID <br />7TH CENT POUROVER TRUST FUND TO COUNTIES TO A BANK <br />DESIGNATED BY INDIAN RIVER COUNTY TO RECEIVE SUCH <br />FUNDS; AND FURTHER TO AUTHORIZE THE BANK DESIGNATED <br />BY THE FLORIDA DEPARTMENT OF REVENUE TO [1EDUCT THE <br />COST OF THE WIRE TRANSFER FROM THE AMOUNT RECEIVED <br />• • FROM TRANSFER. <br />WHEREAS, the Florida Department of Revenue has adopted <br />Chapter 12-10.09 Wire Deposit of 7th Cent Pourover Trust Fund to <br />Counties Funds in the Rules of the Department of Revenue, State of <br />Florida, and <br />WHEREAS, it is in the best interest of the Board of <br />County Commissioners of Indian River County to receive the 7th <br />Cent Pourover Trust Fund to Counties Funis by wire transfer. <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA that: <br />1. In accordance with §17.075, Florida Statutes and <br />Rule 12-10.09, (F.A.C.) the Florida Department of Revenue, is <br />authorized to designate a bank to receive the 7th Cent Pourover <br />Trust Fund to Counties State Warrant, and <br />2. The bank so designated is authorized to wire trans- <br />fer said 7th cent pourover trust fund to counties funds to the <br />First Citrus Bank of Indian River County or such other bank as <br />hereafter designated by the Board of County Commissioners of <br />Indian River County to receive such funds, and <br />3. The bank designated by the Florida Department of <br />Revenue is authorized to deduct the cost of the wire transfer from <br />the amount received for transfer, and <br />4. This resolution shall take effect immediately upon <br />its adoption. <br />The foregoing resolution was offered by Commissioner <br />Scurlock who moved its adoption. The motion was seconded <br />by Commissioner Lyons and, upon being put to a vote, the <br />vote was as follows: <br />-1- <br />