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64-09RESOLU'T'ION' 64-9 AREAS, the City has heretofore accepted the offer of the Colonial Oil Company to sell the City Lot A, Saltair Sub--Division fox the price of 53,540.00, County Takes thereon to be pro- rated as of date of closingr, NOW THEREFORE BE IT RESOLVED BY THE CITY COI-7NLtSSTON QF THE CITY OF ATLANTIC BEACH, DUVAL COUNTY,. FLORIDA, TI3A'P The proper officers of the City be and are hereby authorized to place in custody of the City Attorney the City `s cYeeck in the earn of 53, 500.00 less the amount of the pro-rated County Taxes as provided in motion of acceptance, far delivery to the Colonial Oil Company upon delivery to him of proper deed with necessary docutt~entary stamps. affixed and title insurance binder obli- gating the issuing Company to insure the City upon recordation of said deed fee simple title to said property, subject only to standard exceptions usually contained in such binder. Passed by the City Commission on March 30, 2964. Attest: Adele S. Grage, City lerk 4Seal )