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<br />hereinabove apedifically referred to and described in the second paragraph of the pre -amble her
<br />of, which said bonds are held by him in the Interest and Sinking Fund Account and Kanner Bill
<br />Account for and on behalf of said District., and to cause the books and records of the State
<br />Board of Administration to reflect a corresponding reduction in the outstanding indebtedness of
<br />said District; and the. said State Treasurer, in his capacity as ex -officio County Treasurer of
<br />Indian River County,,.Florida, is hereby further authorized and requested to prepare and forward
<br />to the First National Bank of Chicago., Illinois, designated Exchange -Agent -for said Refunding
<br />Bond issue, a certificate describing in full detail said bonds and matured interest coupons so
<br />cancelled, and setting forth the amount of intie►rest accrued on-any.of said bonds which are past
<br />due, from their respective dates of -maturity to January 1, 1938; and to furnish such other and
<br />additional certificates to said bank, from time to time and whenever the occasion arises, des-
<br />cribing any bonds of original issue and matured interest coupons which may be hereafter paid
<br />retired, as well as interest accruals to January 1, 1938, on.any past due original bonds so
<br />paid and retired, and copies of said certificates shall be forwarded to the -Clerk of this -Board
<br />and to the County's Fiscal Agent, R. E. Crumer & Company, First National Bank Building, Orlando,
<br />Florida, and to said Fiscal Agent at 800 First National Bank Building, Chicago, -Illinois. And
<br />said State Treasurer, as County Treasurer Ex -officio, at the time of certifying such cancellat-
<br />ions of original indebtedness to the said First National Bank of Chicago, shall direct aaid-bank
<br />to cancel an equivalent amount of Refunding Bonds of said District of the issue hereinabove
<br />mentioned, to off -set any and all such original indebtedness so cancelled.
<br />Section 2. That the First National Bank, Chicago, Illinois, designated exchange agent
<br />is hereby authorized and directed, upon receipt of certificates from the State Treasurer as pro-
<br />vided for in Section 1 hereof, to cancel proper refunding bonds allocated for exchange for o-
<br />riginal indebtedness described in such State Treasurer's certificates as having been paid and
<br />cancelled, and said bank shall promptly forward said cancelled refunding bonds to the State
<br />Treasurer as County Treasurer ex -officio, Tallahassee, Florida,Lsending copies of the letter of
<br />transmittal to the Clerk of this
<br />Board, and to
<br />the Fiscal Agent,
<br />R. E. Crummer & Company,
<br />First
<br />National Bank Bhilding, Orlando,
<br />Florida, and
<br />to said Company at
<br />800 First National Bank
<br />Build-
<br />ing, Chicago, Illinois.
<br />Section 3, That the Clerk of this Board be and he is hereby directed to forward cer-
<br />tified copies of this resolution to the State Treasurer at Tallahassee, Florida, and to the
<br />First National Bank, Chicago, Illinois, which shall be their authority to do and perform the
<br />acts provided for in Sections 1 and 2 hereof, respectively, and that certified copies be also
<br />furnished the Orlando and Chicago Offices of R. E. Crummer & Company, Fiscal Agent.
<br />The motion -for the adoption of the resolution being duly seconded by Commissioner Vic -
<br />kers it was declared adopted by the following vote;
<br />Ayes: Michael, Poole, Glover, Bickers and Helseth.
<br />Nays: None.
<br />✓(
<br />It was announced by the Chairman that the time had arrived, namely on or before 10:00
<br />o'clock A. M., for the openning of sealed bids in the office of the Clerk of the Circuit Court
<br />of Indian River County, for an Electric Calculator, as invited by public notice published in the
<br />Vero Beach Press -Journal, a newspaper of general circulation, published at Vero Beach, Indian
<br />River County, Florida, and sworn proof of the said publication of said public notice being here-
<br />with filed and reading as follows
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