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-fense of the United States and the transportation of equipment and materials necessary to such <br />defense as well as to private commerce; and <br />WHEREAS, the Indian River, a part of said Inland Waterway, traverses Indian River <br />County; now <br />BE IT RESOLVED that the Board of County Commissioners of Indian River County, Flo <br />in regular session duly assembled do hereby respectfully petition and request the President of <br />the united States to include in pending legislation the item of deepening to a depth of 12 <br />feet and widening to a tidth of 200 feet the present Inland.Waterway in the State of Florida <br />and particularly as the same is represented by that portion of the Indian River whioh traverses; <br />Indian River County, Florida; <br />BE IT FURTHER RESOLVED that_a copy of this Resolution be sent by the Clerk of this <br />body to the Senators in Congress of Florida hnd to the representative in Congrdss from the <br />Fourth Congressional District. <br />The resolution was duly seconded by Commissioner Vickers and upon being put to a vo <br />the same was unanimously adopted. <br />�® RE_50LIITI0N; ST . LIICIE CO. ROAD & BRIDGE �R_''UNDING BONDS <br />0 <br />Commissioner W. C. Graves, Jr. introduced the following resolution and moved its <br />adoption: <br />WHEREAS, on May 31, 1940, the Board of Administration received offerings of Florida <br />Road Bonds and Road District Bonds of those counties operating under the Kanner Bill, and <br />WHEREAS, the.said Board of Administration received offerings of the following St.. <br />Lucie County Road and Bridge Refunding Bonds; <br />and <br />WHEREAS, Indian River County has the right to buy St. Lucie County bonds under its <br />inter -county settlement, and <br />WHEREAS, Indian River County has surplus fdnds after anticipating interest require - <br />meats in sufficient amount to retire a portion of said bonds so offered, and <br />WHEREAS, this Board deems it advisable to retire as many of said bonds as funds will <br />permit, <br />THEREFORE, BE IT RESOLVED by this Board that said Board of Administration is hereby <br />requested to purchase for the account of Indian River County as many of said bonds so offered <br />at 97 and interest or less as funds will permit and the holders thereof will deliver, the <br />period of the firm offering having expired, and that a copy of this resolution be sent to the <br />Board of Admnistration, which will be its -authority to act in accordance therewith, said <br />offerers to be' -tendered the privilege of confirmation and delivery in the order of the lowest <br />price first. <br />As said bonds are delivered to the Board of Administration they shall be delivered <br />the St. Lucie County fund in exchange on a par for par basis for Indian River County Refund <br />Bonds issued to St. Lucid, County in the inter -county settlement, and tba ludian River County <br />bonds so received thereby shall be cancelled. <br />The resolution was duly seconded by Commissioner Glover and upon being put to a vote <br />the same was unanimously adopte, <br />Is <br />1 <br />1 <br />Bonds Offered <br />Dated Du® <br />Quantity <br />Price <br />A <br />Road & Bridge Relfdt. 4-5°% <br />7/1/37 7/1/67 <br />$40000.00 <br />96J & <br />int. <br />B. <br />Do <br />,7/1/67 <br />120000.00 <br />97 & <br />int. <br />C <br />Do <br />7/1/67 <br />5,000.00 <br />97 & <br />Int. <br />D. <br />Do <br />7/1/691 <br />239000.00 <br />97 & <br />Int. <br />35 <br />Do <br />7/1/67 <br />239000.00 <br />99 & <br />Int. <br />WHEREAS, Indian River County has the right to buy St. Lucie County bonds under its <br />inter -county settlement, and <br />WHEREAS, Indian River County has surplus fdnds after anticipating interest require - <br />meats in sufficient amount to retire a portion of said bonds so offered, and <br />WHEREAS, this Board deems it advisable to retire as many of said bonds as funds will <br />permit, <br />THEREFORE, BE IT RESOLVED by this Board that said Board of Administration is hereby <br />requested to purchase for the account of Indian River County as many of said bonds so offered <br />at 97 and interest or less as funds will permit and the holders thereof will deliver, the <br />period of the firm offering having expired, and that a copy of this resolution be sent to the <br />Board of Admnistration, which will be its -authority to act in accordance therewith, said <br />offerers to be' -tendered the privilege of confirmation and delivery in the order of the lowest <br />price first. <br />As said bonds are delivered to the Board of Administration they shall be delivered <br />the St. Lucie County fund in exchange on a par for par basis for Indian River County Refund <br />Bonds issued to St. Lucid, County in the inter -county settlement, and tba ludian River County <br />bonds so received thereby shall be cancelled. <br />The resolution was duly seconded by Commissioner Glover and upon being put to a vote <br />the same was unanimously adopte, <br />Is <br />1 <br />1 <br />