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8/10/1948
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8/10/1948
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
08/10/1948
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IM 1,12 A <br />C issioner 1,elpUng -introduced the following Resolution and maed its adoption ,as <br />followsq - tai -wits <br />WB MW,, the .State Treasurer of.- the Mate of Florida holds certain bonds' interest <br />coupons w other obligations of Indian .River County' Florida' and of -taxing districts within <br />isaid county received in the redemption of property within such county frau tax sales or unpaid <br />taxes and as -the same are., specifically described on Mbit 1 hereto att41ched and forming a <br />wI part hereof and which -were received . pursuant to Chapter 16482 of the` Lags of Florida' Acts of <br />11931- or Chapter 174819 Laws of Floriftj Acts of 1935; and! . <br />AS' said Chapter 17481 at Section 3 thereof provides that all such bonds' coupons <br />and obligations received pursuant to it are cancelled, null and void and Chaptof 23341 of the <br />haws of:orida, Acts of 19459 authorized the Klerk of the Circult Court of Indian River County, <br />1 <br />ancon approval of the Board of County Bommipsioners of said county0 to cancel said bonds' couponi. <br />or obligations received in the redemption of taxes or tai certificates and which includes arW <br />such obligations received pursuant to said Chapter 16482' Acts of 1933, and speeifically-pro-.a <br />r <br />vides that such right of cancellation shall apply.tc any such obligations received 'held by <br />`the State Treasurer of the State of Florida; and' <br />RBESE®S' it has been determined by this Board that the securities held by the State <br />'Treasurer and described upon Exhibit 1 hereto attached were accepted solely in redemption or <br />'payment -of taxes imposed for application to such . securities so accepted or that there° been <br />!an adjustment of accounts by the several taxing units interested in said swurl- ties and with the <br />rs3ul.ts so far as may be determined from the public records and made known to this Board, that <br />each unit interested in said securities has received the Mane tax benefit as though said <br />lsecurities had.been paid and the proceeds thereof -distributed in the -proportion that each of <br />'s.aid units had an interest thereint as fixed by Section 3, of said Chapter 164821 ands <br />i <br />IV <br />EAS' the State Board of Administration and -the State Auditing Departments desirl <br />that said bonds, Interest coupons and obligations be duly cancelled; therefore' <br />BE IT RESOLVED by the Board of County Commissioners of Indian River County' Florida' <br />that the Clerk. of the Circuit Court of Indian River County'.Floridat <br />/;"U hereby authorized to cancel all the bonds' interest coupons and evidences of indebtedness <br />obligations described upon Exhibit 1 hereof and as now held by the State Treasurer of the State <br />Ijf.Florida; that he.is authorized to effect such cancellation as to any or all of said boards and <br />evidences.of Indebtedness by causing the some to be cancelled by the State Treasurer of the <br />!Gtate- ,nf aFlorida9 andp ,by the State Treasurer of the State of Florida thereupon certifying such <br />iibeellation to the Clark of the Circuit Court of Indian River Countyq Florida' and thereupon <br />Asaid` Clerk shall spread the report and certificate of such _cancellation upon the minutes of this <br />Ooard; that the State Treasurer shall thereupon be authorized ams requested to deliver,said <br />6ancelled bonds interest coupons or evidences of indebtedness to the Board or Commission <br />;resently.having the responsibility of making payment thereof and which means that all of said <br />Mems described on Exhibit 1 hereof' after cancellation# shall be delivered to the State Board <br />f Administration of the State of Florida excepting only said Se'hastian Wet District Mond <br />escribed therein and which bond' -after cancellations shall be forwarded to Charles. -W,# Sembler' <br />treasurer'. Sebastian Inlet District' Sebastian4 Piorida9 and said four (4) bonds and all <br />merest coupons of said St. Lucie County Special Talc School District No. 11 which shall be for - <br />1 <br />1 <br />1 <br />E <br />11 <br />i <br />
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