81-06 vRESOLUTION 81-6
CITY OF ATLANTIC BEACH,~FLORIDA, a'Municipal Corporation
I HEREBY CERTIFY TO The Ocean State Bank
Bank
301 - Third Street, Neptune Beach, Florida
Address
that at a meeting of the City Commission of the City of Atlantic Beach,
Florida, a municipal corporation organized under the laws'of the State of
Florida duly called (a quorum';being present) and held at the City Hall of
said municipality in the~City of Atlantic Beach, State of'Florida, on the
30th day of April, 1981, the following resolutions were duly adopted and
are now in full force and effect:
RESOLVED, that the above Firm be designated as a depository of this
municipal corporation and that funds'of this municipality deposited in said
Firm be subject to withdrawal upon checks, notes, drafts, bills of exchange,
acceptances, undertakings of other orders for the payment of money when
signed on behalf of this municipality by any one of its following officers,
to wit:
1. Adelaide R. Tucker, City Clerk
2. William S. Howell, Mayor
3. Carl Stucki, Acting 'City Manager
RESOLVED, that the above Firm is hereby authorized to pay any such orders
° and also to receive the same for credit of or in payment from the payee or any
other holder without inquiry as to the circumstances of issue or the disposition
of the proceeds even if drawn to the individual'order of any signing officer
or tendered in payment of his individual obligation. '
RESOLVED, that Adelaide .R. Tucker, City Clerk, William S. Howell, Mayor,
and Carl Stucki, Acting City Manager, be and they hereby are authorized to
borrow from time to time on behalf of,this municipality, from the above Firm sums
of money for such period or periods of time, and upon such terms, rates of
interest and amounts as may to them'in their discretion seem advisable, and to
execute notes or agreements in the forms required byjsaid Firm in the name of
the municipality for the payment of any sums so~borrowed, based upon proper
resolutions of the City Commission.
That said officers are hereby authorized to pledge or mortgage any of the
bonds, stocks or other securities, bills receivable, warehouse receipts or other
property real or personal of the municipality, for the purpose of securing the
payment of any moneys so borrowed; to endorse said securities and/or to issue
the necessary powers of attorney and to execute loan, pledge or liability
agreements in the forms required by the said Firm in connection with the same.
That said officers are hereby authorized to discount with the above Firm
any bills receivable held by this municipality upon such terms as they may deem
proper.
That the foregoing powers and authority will continue until written notice
of revocation has been delivered to the above Firm.
RESOLVED, that the City Clerk of this municipality be and is hereby
authorized to certify to the above Firm,,the foregoing resolutions and that the
provisions thereof are in conformity with the charter and ordinances'of this
municipal corporation.
I FURTHER CERTIFY;',that there~is no provision in the charter or ordinances
of said municipal corporation limiting the power of the~City Commission to, pass
the foregoing resolutions and that the~same are in conformity with the provisions
of said charter and ordinances.
I FURTHER CERTIFY, that'`;~the following are the genuine signatures of the
persons now holding office in~said municipal corporation as indicated opposite
their respective signatures.
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page two
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City Clerk
Mayor
Acting City Manager
IN WITNESS WHEREOF, I have hereunto set my hand as City Clerk of said
municipal corporation and affixed the municipal seal this 30th day of
April_ _ 19 81 ~.
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Adelaide R. Tucker, City Clerk
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