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RESOLUTION NO. 83- 118 <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 REVENUE SHARING STATE <br />WARRANT; AUTHORIZING THE BANK SO DESIGNATED TO WIRE <br />TRANSFER SAID REVENUE SHARING FUNDS 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 DEDUCT 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 Revenue Sharing Funds in the <br />Rules of the Department of Revenue, State of Florida, and <br />WHEREAS, it is in the best interest of the Board of <br />County Commissioners of Indian River County to receive the revenue <br />sharing funds by wire transfer. <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FWRIDA 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 revenue sharing <br />State warrant, and <br />2. The bank so designated is authorized to wire trans- <br />fer said revenue sharing funds to the First Citrus Bank of Indian <br />River County or such other bank as hereafter designated by the <br />Board of County Commissioners of Indian River County to receive <br />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 />Chairman Richard N. Bird Aye <br />Vice -Chairman Don C. Scurlock, Jr. Aye <br />Commissioner Margaret C. Bowman Aye <br />Commissioner Patrick B. Lyons Aye <br />Commissioner William C. Wodtke, Jr. Aye <br />-1- <br />