8/10/1948 - Laserfiche WebLink

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• 1 1 0 1 1 0 The Board then considered the County budget and budget estimates as prepared by the Board at its meeting of July 209 19489 and as duly advertised, as provided by law, in the Vere Beach Press -Journal in its issue of July 23, 194&j Thereupon dcmmissioner Albert 0. Helseth Introduced the following Resolution and moved its adoption,, to -wits a it A I k X I I S A WHSFUWl The Board of County Commissioners has made and completed the est1mate of its necessary and•ordinary expenses and of all special and extra-ordinary-expentures contemplated as required by lawq and duly advertised the same as required by iaw9 and this W being the first meeting of said Board of County Commissioners,subsequent to the advertising and adoption hung bift duly considered; of thea, same, and said budget being- new before this Board for final consideration Therefore.' Be it resolved that the Said County CommissloI budget and estimate of expenses and expenditures for the year ]AP -19+9 as heretofore prepared and duly advertiseds and it is herewith ratified' confirmedg and finally adopted by this Board subject to the following provisions, (First star • Board of Public Instruction) "Ho part of this appropriation shall be payable -unless and until the Board at r fI County Commissioners of Indian River County receives a sum in excess of $55'004.00 from rage .. ;•. r track funds during the fiscal year 1948-1949; after receipt of $559040900 by said County frpm I; said source in such fiscal year, and which sum has been otherwise appropriated, then all sums In excess of $559000.00 received from such source in such'year shall be paid to the Board ct Public Instruction of Indian River County until said Bayard shall have received $20,000,00 u from such source." (Second star w Hospital) "No -part of this appropriation shall become payable unless and until Indian River County has.±received more+ than $ 59000.00 from race track allodations' 'to said 'County" In , the` , fiscal, year 1948-1948; and,:the first �'J59000.00 of said receipts t avixtg l en otherwise herein appropriated; that upon. the receipt of such $75jO00*009 then any sums received from such sAuree in said fiscal year in excess of $759000#00 shall be pald to Indian mer County Hospital Association! Thd.9 until said Association shall have received said sum oY #79500.00' Notion for the :adoption of the Resolution was duly seconded by Commissioner T. L. Helpling andunanimously adopted.~. - r August 149. 1948 The Board of County Commissioners of -Indian River -County, T Gentlemens- It is -,our. opinion that as, a result of, the cancellatkon of bonds, a `evide es of ld indebtedness heretofore., hold by ,the Clerk. of the Circuit Comet and representing items received ' in payment or redemption of taxes, tax liens or tax certificates and upon the caneellatien of such ,obligations now ,held° by -the State Treasurer in behalf of Indian diver County and which i' were received, for . the£ same purpose.- it will, be true noofar� �as may be reasonably deteradnes# from available records that- thesecurities so Cancelled vera either > accepted solely in,, II r4demptina..or payment ,cif= taxes,- imposed ,for :application to- su'W-securities or- such- cancellation it in effeet;. provides an radjustnent of- adtounts between- the several, -taxing7 nits interested in Ir Bald securities which slWuld resultx rim each such unit receiving:. -:the same taxbenef.it as ii li though said securities- ba*& been :paid. -and the proceeds thereof, distributed° is th#roportion that each of:- said units_ hada an interest -therein,; . , In the• event' after the eancellation of, -,all such bonds and evidences of inde'btedness9 it should develop. -that there exists any error in any adjustment between arw such units, then ,' the same i c ou-1-d -be - ad j -listed at -the --time of such determination. It is : ree ed that all o ,such outstanding obligations be cancelled and such cancellation to be in keeping with 6