86-25 v RESOLUTION NO. 86.25
A RESOLUTION OF THE CITY COMMISSION OF ATLANTIC BEACH,
CONSENTING TO AND AUTHORIZING TRANSFER OF BOND NO. R-2 FROM
ATLANTIC NATIONAL BANK (PLEDGEE) TO SOUTHEAST BANK N.A.
(PLEDGEE) IN THE FACE AMOUNT OF $873,600.00.
NOW THEREFORE BY IT RESOLVED by the City Commission of
Atlantic Beach, Florida, as follows:
1. The City of Atlantic Beach does hereby approve
Transfer by Donald D. Zell and Atlantic National Bank of
Florida (as Pledgee) as registered owner, to Southeast Bank,
N.A., ( as Pledgee) , of Bond No. R-2 in the face amount of
$873,600 of the City of Atlantic Beach Buccaneer Water &
Sewer District Revenue Bonds to be reissued and registered
by the Registrar in the name of said Transferee pursuant to
the Provisions of Ordinance No. 80-85-26.
Adopted by the City Commission at its meeting of
November 10, 1986.
AYOR Commissi.ner
Presiding Officer
ATTEST:
ad/614,-4J f
City Clerk
Approved as to
form and correctness
City Attorney