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HomeMy WebLinkAbout1983-117RESOLUTION NO. 83- 11; A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA APPROVING AND AUTHORIZING THE FLORIDA DEPARTMENT OF REVENUE IN ACCORDANCE WITH RULE 12-10.09 (F.A.C.) TO DESIGNATE ® A BANK TO RECEIVE THE LOCAL GOVERNMENT'S 7TH CENT POUROVER TRUST FUND TO COUNTIES WARRANT; AUTHORIZING THE BANK SO DESIGNATED TO WIRE TRANSFER SAID 7TH CENT POUROVER TRUST FUND TO COUNTIES TO A BANK DESIGNATED BY INDIAN RIVER COUNTY TO RECEIVE SUCH FUNDS; AND FURTHER TO AUTHORIZE THE BANK DESIGNATED BY THE FLORIDA DEPARTMENT OF REVENUE TO [1EDUCT THE COST OF THE WIRE TRANSFER FROM THE AMOUNT RECEIVED • • FROM TRANSFER. WHEREAS, the Florida Department of Revenue has adopted Chapter 12-10.09 Wire Deposit of 7th Cent Pourover Trust Fund to Counties Funds in the Rules of the Department of Revenue, State of Florida, and WHEREAS, it is in the best interest of the Board of County Commissioners of Indian River County to receive the 7th Cent Pourover Trust Fund to Counties Funis by wire transfer. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA that: 1. In accordance with §17.075, Florida Statutes and Rule 12-10.09, (F.A.C.) the Florida Department of Revenue, is authorized to designate a bank to receive the 7th Cent Pourover Trust Fund to Counties State Warrant, and 2. The bank so designated is authorized to wire trans- fer said 7th cent pourover trust fund to counties funds to the First Citrus Bank of Indian River County or such other bank as hereafter designated by the Board of County Commissioners of Indian River County to receive such funds, and 3. The bank designated by the Florida Department of Revenue is authorized to deduct the cost of the wire transfer from the amount received for transfer, and 4. This resolution shall take effect immediately upon its adoption. The foregoing resolution was offered by Commissioner Scurlock who moved its adoption. The motion was seconded by Commissioner Lyons and, upon being put to a vote, the vote was as follows: -1- 40 •A Chairman Richard N. Bird Aye Vice -Chairman Don C. Scurlock, Jr. Aye Commissioner Margaret C. Bowman Aye Commissioner Patrick B. Lyons Aye Commissioner. William C. Wodtke, Jr. Aye The Chairman thereupon declared the resolution duly passed and adopted this 7th Att:eete _, 1 ` f $EDA WRIGH Cerk. day of December , 1983. BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA By Zl�� 6' R CHARD N. BIRD Chairman -2-