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<br />Three (3) Indian River County SpecialR & B District #4, 6% Bonds, Dated July 1
<br />1925$ due July, 19420 at a price of 90 with July, 1934 subsequent coupons attached, as desig-
<br />nated offering "B",
<br />One (1) Indian River County Special R & B District #4, 6% Bonds, dated July 1,
<br />1925, due July, 1955,„at a price of 90 with July, 1934 subsequent coupons attached, as desig-
<br />nated
<br />esig-nated offering "B”,
<br />Three (3) St. Lucie County 6%o Public Highway Bonds, dated February 1, 1920, due
<br />February 1, 19409 at a price of 83 flat with August 1, 1933 and subsequent coupons attached,
<br />as designated offering "D".
<br />Two (2) St. Lucie County, Road & Dock 5% Bonds,, dated June 1, 1910, due June 1
<br />19352 at a price of 83 flat with June 1, 1934 and subsequent coupons attached, as designated
<br />offering FIE",
<br />THEREFORE, BE IT RESOLVED, by the Board of County Commissioners, that the State
<br />Board of Administration be requested to purchase the securities listed above at the price
<br />quoted.
<br />The resolution was duly seconded by Commissioner Poole and upon being put to a
<br />vote the same was unanimously adopted.
<br />- - - - - - - - - - - - -
<br />R E S O L U T I O N.
<br />CERTIFIED COPY OF RESOLUTION OF BOARD OF
<br />COUNTY COMMISSIONERS OF INDIAN RIVER
<br />COUNTY, FLORIDA, ADOPTED AT REGULAR MELT T-
<br />ING OF SAID BOARD HELD JUNE Z, 1937 At THE
<br />O OURT HOUSEIN VERO B"CH, FLORIDA.
<br />Whereas, Indian river County, Florida has contructed a County Court House
<br />under and by virtue of grant and loan by Public Works Administration and which Court House
<br />has been recently completed; and,
<br />Whereas, the financing of said Court House as to the loan obtained for such
<br />purpose was pursuant to resolution adopted by said Board of County Commissioners at a
<br />meeting thereof held January 16, 1936, and which resolution as to requirements thereof
<br />provides for the payment in the year 1936 of interest on said Court House obligations 'in.
<br />the total amount of $1540.00 and principal of $500.00, or a total of $2040„00, and which
<br />resolution provides that in the tax year 1936 the said Board of County Commissioners, for
<br />the purpose of paying said sum of $2040.00 and for providing a sinking fund, shall raise the
<br />total sum of $4140.00 and that said requirement to provide for the taxable year 1936 the sum
<br />of $4140.00 is the sole and only requirement of said Board of County Commissioners for said
<br />year with regard to said Court House bonds; and
<br />Whereas, in the budget and estimate for expenses for the year 1936, as fixed by
<br />a meeting of said County Commissioners held July 7, 1936, an estimate was therein made as
<br />follows:
<br />Interest Sinking
<br />Tag Assessor= - - - - - - - - - - - - - - - - - - - - - - - - - - -- 0 200000
<br />TaxCollector---- ------- ------ ------- -- - - -- 2006,00
<br />Interest 10ourt House Bonds - - - - - - - - - - - - - - - - - - - 1t540100
<br />Retire Court House Bonds - - - - - - - - - - - - - - - - - - - - - - - 10,000.00
<br />Pro rata debt, St, Lucie County - - - - - - - - - - - - - - - - - - - - 5,000.00
<br />Reserve, uncollected tag - - - - - - - - - - 2.884,60,
<br />o 894. 650
<br />That the foregoing estimate and budget setting out 010,000.00 for the purpose
<br />of retiring Court House Bonds was $9,500.00 in excess of any bonds falling due within the
<br />period of time for which such taxes were levied and that the sole and only requirement was
<br />that the sumzof $4140.00 should be provided for such Court He use fund in the year 1936;
<br />
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