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1 <br />1 <br />1 <br />r <br />1 <br />F] <br />school fund,.4or school purposes. After same discussion it was moved,, seconded and <br />c arried:A tbat the budget as prepared for the year 1935•-1936 be not disturbed. <br />die following resolution was introduced by Commissioner Nudge, who moved its <br />adoptions <br />wHWAS9 the Board of Administration has submitted certain proposals of firms and <br />corpse°ra°tianrtioffering: to sell to said Board of Administration certain bonds of the <br />c ry of 1ndi r :: ower, and obligations assum d by said County, under the provisions or <br />House Bill. #o. 30, Acts of the 1933 Legislature, avid, <br />-.�tRf►8. after carefully considering all of such proposals, and taking into con - <br />vide atiez-Aho amount of funds available for that purpose, and the approximate value <br />of said bonds , it 1 s deemed, advisable and expedient to purchase certain of said bonds <br />and obligational. •,to• -wits, <br />-Dae (1) St. Yucie County, Florida, Public Highway Bond dated <br />Feb <br />zated off4rIng.. naf <br />One (1) -Bt Luoie County,Florida, special Boad.& Bridge. Dist No. <br />1s. bond, dated Jan 19 .1918 due July 1, 1941 at 53 flat;' 'as <br />designated offering aC". <br />THM"Mo BE IT RESOLVRD, that the Board of Administration be requested to purchase <br />the foregoing bonds in accordance with the terms of the offerin@s. <br />The foregoing resolution was duly seconded by Commissioner Poolo, and upon being <br />Put to a vote the same Mae unanimously adopted. <br />the. Mothers Pension application of hunice aright Crosby was received and carefully <br />considered and after some discussion the same was rejected. <br />It was ordered that the. From the No there Pension <br />Ito l l s of the County.? <br />Yrs Rachael Granger, Vero Beach <br />Yrs Eva Helen Vo j tik, Fe llsmere <br />The following resolution was introduced by Commissioner ;edges <br />WMMUS, this Board has heretofore adopted a resolution providing for the compromise; <br />adjustment and settlement of certain deposits over which this Board had control in the <br />F4mers Bank of Vero Beach, and <br />®SAS,. said settlement, oompromise and adjustment of said deposits has been made <br />in accardance with the teras of said resolution and the same has been duly approved by <br />order of the judge of the Circuit Court in and for Indian River County, Florida, in <br />accordance with the provisions of house Bill No. 998 passed at the 1935 session of the <br />Florida Legislature .'° and <br />VIAS, among said deposits vas one in the sum of 025,364.53 to the credit or G.B. <br />Olmstead, Tax Co lleotar, which vas duly assigned by said G 8 Olmstead to the Board of <br />County Commissioners of Indian River county, Florida, and <br />WHEBEASs included l.n said deposit were certain. items amountinf to 96 9000. DO,whiczh <br />represented tax collections due Indian River Farrel Drainage Districts a drainage district <br />of Indian River County, Florida, and <br />s.E, said drainage district has offered to settle, compromise and adjust the <br />some with this Board on the basis of receiving six V19400 bonds of said drainage district <br />In full settlement of said deposit, and <br />WHIMS, this was taken into consideration in the compromise, settlement and adjust- <br />ment of said deposit with the Famere Bank of Vero Beach, <br />NOU, TIMMORE, Be it resolves that the Clerk of this Board be, and he i s, hereby <br />directed and empowered to deliver to Indian diver Farms Drainage District the six 01000# <br />bonds of said District received by this Board in settlement of its deposit with Farmers <br />Renk of Vero Beach, the said bonds to be accepted by said Drainage District in full <br />