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fflhullf <br />B same was unanimously adopted. <br />RESOLUTION <br />ION <br />ems` - <br />Commissioner Frank C. Vickers Introduced the following resolution and moved its <br />adoption to -wit: <br />WBBREAS, St. Lucie County, Florida, has heretofore caused to be.issued Road and Bri <br />Refunding Bonds bearing Hate of July 1, 1937, to be exchanged for outstanding funded indebted- <br />ness of said St. Lucie County; and <br />WHEREAS, of such indebtedness this County is justly indebted to said St. Lucie County <br />in the proportionate share which has heretofore been established and fixed on the records of <br />the State Board of Administration, and for which proportionate share this Board has heretofore <br />caused to be lodged with the lion. W. V. Knott, State Treasurer as County Treasurer ex officio, <br />Road.gnd Bridge Refunding Bonds bearing the same date,.interest rates, and terms of payment as <br />the Road and Bridge Refunding Bonds provided to be issued by St. Lucie County; and said Hon. <br />W. V. Knott has necessary instructions for the issuance of said bonds from time to time as the <br />circumstances warrant; and <br />WHEREAS, semi-annual interest coupons on said Road and Bridge Refunding Bonds of this <br />County are, or will become, due and payable as follows: January 1, 19389 July 19 1938, January <br />10 1939, July 1, 1939, January 1, 1940; and it is the desire of this Board to make funds avail- <br />able for the payment of coupons maturing as set forth above, from such Refunding Bonds as are <br />issued by the Hon. W. V. Knott under instructions heretofore furnished him: <br />NOW, TEEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY.COMISSIONERS OF Indian River <br />COUNTY, FLORIDA, IN SESSION DULY ASSEimm: - <br />Section 1. That the State Board of Administration, Tallahassee, Florida, be, and it <br />is hereby, instructed and directed to cause sufficient funds now, or hereafter, credited to the <br />Karver Bill Account for this .County's indebtedness to St. Lucie County to'be transferred from <br />said Kanner Bill Account to the Interest and Sinking Fund Account of said Refunding Bonds of <br />this County issued to St. Lucie County,.said transfer to be made in an amount which, after <br />a <br />making due allowance for funds now in said Interest and Sinking Fund Account of said Refunding <br />Bonds, will be sufficient to provide for the payment of the coupons maturing as set forth in <br />the preambles of this resolution from such of the Refunding Bonds of this County as have been <br />or are hereafter issued by the said Hon. W. V. Knott under instructions heretofore given him. <br />Section 2. That the Clerk of this Board be, and he is hereby, instructed and directed <br />to furnish certified copies of this resolution as follows: (a) Duplicates thereof to Aon. W. V. <br />Knott, State Treasurer as County Treasurer ex officio, Tallahassee, Florida, which certified <br />copies will be the authority of the Hon. W. V. Knott and the State Board of Administration to <br />do and perform all acts required to accomplish the purposes.hereof; (b) One thereof to W. R. <br />Lott, Clerk of the Board of County Commissioners of St. Lucie County, Florida, Ft. Pierce, <br />Florida; (c) duplicates thereof to R. E. Crummer & Company, Orlando, Florida. <br />The resolution was duly seconded by Commissioner Graves and upon being put to a vote <br />the same unanimously adopted: <br />to -wit: <br />Commissioner S. E. Glover introduced the following resolution and moved its adoption <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMSIONERS OF INDIAN RIM., COUNTY$.FLORIDA9 <br />IN SESSION DULY ASSEMBLED: <br />Section 1. That, pursuant to that certain agreement between R, R. Crummer & Company <br />If and the Wabasso Bridge District in Indian River County, Florida, dated December 7, 1937, under <br />1 <br />1 <br />1 <br />