Res 606 RESOLUTION NO. 606
A RESOLUTION OF T~ CITY COi%?CIL OF Tm CITY OF DEL~iY BEACH,
FLORIDA, AUTHORIZING THE ~,~AYOR ~.ND CITY CLERK TO EXECUTE CONTRACT
BETW$]EN THE CITY OF DFLRAY BEACH AND STRANAHAN HARRIS ~ CO~PANY
A~TD EQUITABLE SECURITIES CORPORATION FOR DELIVERY OF $200,000.00
%~¢0RTH OF %,~;ATER REVENUE CERTIFICATES AT 96.13 BEARING INTEREST AT
TH? RATE OF 2% PER ANNU~.
BE IT REEOL~D by the City' Co,~ncil of the City of De~ay
Beach, Florida, as follows:
SECTION 1. That the Nayor and City Clerk are hereby authorized
to sign that certain contract between the City of Delray ~each
an~ Stranahan ~rris & C~mpany and Equitsble Securities Corporation
for the deliver of $200,000.00 worth of City of Delray Beach Water
Revenue Certificates bearing interest at the rate of 2% per annum
at a price of 96.13, which contract was this day presented to the
City Council for consideration and read in full.
PASSED in Special Session on this the l&t~ day of February,
ATTEST: ~ ~a~r.