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set as the amount required to be lodged withthe State Comptroller. it was further ordered <br />that in event the deposits of the County exceed this amount that additional Government <br />bonds be lodged with this Board. <br />Commissioner Yongue iatrwdueed the following resolution and moved its adoption: <br />WHEREAS the 'State Board of _administration has submitted certain proposals of firms <br />or corporations offering to sell certain bonds of the County of Indian River and obliga- <br />tions assumed by said County that are due St. Lucie county, under the provisions of <br />House Bi 11 No. 30, .,acts of the 1933 Legislature, and <br />WHEREAS, after carefully considering the said proposals, and taking into considera- <br />tion the value of said bonds and the -mount of funds available for this purpose it is <br />deemed expedient and advisable to purchase certain of said bonds; <br />THEREFORE, BE IT RESOLVED, By that Board of County Commi ssioners of Indian River <br />County, Florida, that the State Board of administration be requested to purchase the <br />f ollowing securities: - <br />One (1) St Lucie County. R&B Dist #11 61'o bond, dated Jan 1,1918, <br />due July 1,1944 at the price of 43 flat as designated '"A". <br />Four (4) St Lucie County public Highway 6`a bonds dated Feb 1,1920, <br />due Feb 1 1950s being bonds #525--526--527 & 5289 at the price <br />of 47 flat as designated OB". <br />Upon being put to a vote the same was unanumously adopted. <br />It was ordered that the State Road Department be permitted to use Universal Erane <br />in repairing Eau Gallie Bridge, the Road Department to pay the upkeep, and depreciation <br />charges of ,17.O0 per day and use only the County road forces in the operation of same. <br />it was ordered that the Road &xperintendent oil such roads as funds are available t <br />do this work with. <br />Representative of the Florida East Coast Railroad Company appeared before the Board <br />and offered to sell certain securities which are obligations of this County to the Board: <br />same to be purchased from the Railroad Company out of the proceeds of the 1933 taxes due <br />by said Company to the County of Indian River, and the Board having carefully considered <br />said proposal and taking into consideration the amount of taxes due and to be paid by <br />said Railroad Company, it was unanimously agreed and ordered that the Clerk and Chairman <br />purchase the following obligations of the County immediately upon.payment by said Rail- <br />road Company of their 1933 County taxes. <br />One bond of Vero Bridge District, for account of said Fero <br />Bridge District. <br />One bond of Fero Bridge District, for account of investment <br />on behalf of quay Bridge District. <br />Two St.11ucie County Public Highway bonds,with all unmatured <br />coupons attached, from proceeds of the General interest & <br />Si nki ng Yu nd . <br />Two St Lucie County Public Highway bonds,with all unmatured <br />coupons attached, from proceeds of the Outstanding Indebted- <br />ness Fund. <br />The several bills and accounts against the County, having been audited, were exami <br />and found correct, were approved, and warrants ordered issued in settlement of same. <br />Such bills and accounts being on file in the office of the Clerk Circuit Court. Such <br />bills and accounts having been approved by each County Commissioner present. The warran�s <br />so issued fromtthe respective funds being listed completely in the County finance record <br />as provided by law, reference to said record, and the list so recorded being made a part <br />of these minutes as fully and completely as if the same were set out herein in detail. <br />The County Depository filed its monthly report of receipts and disbursements, which` <br />having been checked over was found to be correct. <br />There being no further business on motion made, seconded and carried the Board then' <br />adjourned until Saturday, June 9th 1934. <br />XIPA 1 . <br />p ATTEST: <br />,Clerk <br />nnan <br />