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1 Ll 1 575 Cou#ty, Florida, of the issue of January 1, 1918. Upon motion of .Mr. Vickers, seconded by Mr. Graves, and unanimously adopted, the pro cedure as recommended by the Auditor and as above outlined was approved and the Clerk is hereb3 instructed to transfer the bonds and coupons as above set out from the tax redemption account to the respective investment accounts as above set out, and to issue checks as recommended and deposit the.prodeeds thereof in the respective accounts of said Districts. It was reported to the Board that in working out the foregoing transfer whereby cred- its and debits were balanced between the Clerks tax redemption account and the interest and sinking fund investment accounts of the County and Wabasso Bridge. District it was learned that there was available for purchase from the Rittenoure Investment Company of $5000.00 principal amount of Wabasso Bridge District six per cent bonds dated July 1, 1926, and due July 1, 1956 and each of said bonds having attached interest coupon No. le, due July 19 1934 and subsequent coupons, and which bonds as to principal and interest thereon to May 1,, 1942, aggregating a total par value of $7500.00; that in consultation with the State Auditor it was determined that it would be to the benefit of said District that such six per cent bonds above described be purchased from funds of the Wabasso Bridge District in so far as the same will reach for such purpose and then balance to be purchased by the County interest sinking fund investment account Upon motion by Mr. Vickers, seconded by Mr. Graves, and unanimously adopted, it was ordered that upon funds being available and if funds were available, for the purchase of the above described obligations of Wabasso Bridge District on May 1, 1942s that such purchase be made as above outlined and for the account of the respective funds above -stated at the price of par plus acrued interest on the principal amount of such bonds to the date+of purchase. wit: RESOLUTION - REJECTING PROVISIONS OF BANNER ACT AS TO SPECIAL ROAD AND BRIDGE DISTRICT NO. 1 AND WABASSO BRIDGE DISTRICT. z Commissioner Graves introduced the following resolution and moved its adoption to - y41MASS the Board of County Commissioners of Indian River County, Florida has here - tofore accepted the terms and provisions of Chapter 15891, Acts of 1933, known as the "Kanner Bill" with respect to the following Special Road and Bridge Districts situated in Indian River County, Florida., to -wit: Special Road and Bridge District No. 1 Wabasso Bridge District, and WHEREAS, it is now the desire of said Board to revoke the previous acceptance of said act with respect to said Districts; therefore, Be it resolved that the Board of County Commissioners of Indian River County, Florida acting for and on behalf of Special Road and Bridge District No. 1 and Wabasso Bridge District in said County, do herewith reject the terms and provisions of Chapter 15891, Acts of 1933., known as the "Kanner Bill" and which rejection on behalf of said Districts shall be effective immediately upon the delivery of a certified copy of this resolution to the State Board of Administration, and the receipt of such certified copy by such said State -Board of Administrat- ion. Be it further resolved that any resolution or resolutions, heretofore adopted by this+ Board and certified to the State Board of Administration and which are in conflict with this resolution be and the same are herewith rescinded or modified in respect to such conflicts. Be it further resolved that the State Board of Administration is herewith authorized and requested to transfer any and all -.funds in the Kanner Bill account of said respective dis- tricts to the interest and sinking fund accounts of said respective districts. The resolution was duly seconded by Commissioner Vickers and upon being put to a vote the same was unanimously adopted.