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1 <br />[]I <br />i. <br />indebtedness of this County, said Refunding Bonds being described as follows: <br />Date of Issue Tering Unit and�Desianation <br />January 1. 1938 Wabasso Btidge District Refunding Bonds <br />Jsnuary 1, 1937 Special Road & Bridge District No. 4 <br />Road and Bridge Refunding Bonds. <br />WHEREAS, semi-annual interest doupons are now due and unpaid, or will shortly be <br />due and payable, on said Refunding Bonds as follows: <br />Taxing Unit Coupon Maturit9 Date <br />Wabasso Bridge District duly 1, 1939 _ <br />Special Road & Bridge District No.4 Zuly 1, 1939 <br />WHEREAS, it is the desire of.this Board to make funds available for the payment of <br />said interest coupons on said Refunding Bonds; and <br />WEMAS, serious liability may accrue to this County, and its taxpayers, if int <br />is not paid on said Refunding Bonds; and <br />WHEREAS, the State Board of Administration is authorized to make payments.in a000rdl <br />ance herewith under the terms of an order entered in .the case of "Meredith, .et al,. Plaintiffs <br />vs. Fred P. Cone, et al., Defendants"., being case No. 3? in the Tallahassee Division of the <br />United States District Court for the Northern District of Florida; and <br />11 AS, this Hoard feels that it is entitled to,all..possible cooperation from the <br />Board of. Administration and that such cooperation X311 -,be forthcoming; <br />NOW THEREFORE, . BE. IT RESOLVED BY THE BOARD OF COUNTY COMISSIONERS OF MIM <br />COUNTY, FLORIDA, IN SESSION DULY ASSEMBLED: <br />Section 1. That- the- State Board of Adtinirat wft-org 'Tallahassee, Florida, be, and it <br />is hereby, requested, instructed, and - directed to cause sufficient funds now, or hereafter, <br />credited to the applicable Kanner Bill Account for the taxing units identified in the preambles <br />herto to be transferred -,from said applicable Kanner Bill.Account to the applicable Interest ani <br />Sinking Fund Account of the said Refunding Bored issgss identified in the preambles hereto so <br />that the funds in said applicable Interest and Sinking Fund Account, making due allowance for <br />therein, will be the amounts set forth in the following tabulation; and, after said <br />funds already /transfer is made, said Board shall cause the said funds to be applied to the pa; <br />went of interest coupons on said Refunding bonds as follows: <br />,Taxing Unit <br />Wabasso Bridge District <br />Special JRoad & Bridge <br />District No. 4 <br />Am�dnt of Balance <br />diter Transfer <br />1,540.00 <br />$B,?00.00 <br />Coupon <br />AiiaturitZ Date <br />Tuly 1, 1939 <br />duly 1, 1939 <br />Section 2, That the State Board of Administration is hereby authorized and directed <br />to do and perform any and all acts which may be necessary to accomplish the full purposes of <br />this resolution; namely, the transfer of suffloient funds from the applicable Kanner Hill Ac- <br />count to the Applicable Jnterdst and Sinking Fund Account to permit payment of interest coupo <br />on Refunding Bonds as above set forth, said transfer, as to f4tute maturing coupons, to be ma <br />at the latest possible date in order to permit the receipt of the funds by the paying agent <br />on the date said coupons are due. <br />Section 3,.That the Clerk of this Board be, and he is hereby, instructed and di <br />to forward duplicate certified copies of this resolution to the State Board of Administration, <br />Tallahassee, Florida, which certified copies shall constitytte the authority of said Board to <br />do and pertorithe acts hereinabove directed. <br />adopted. <br />The Resolution was duly seconded and upon put to a vote the same was unanimously <br />