Res 273:,~REsOLUTION NO .~ BOOK __
A RESOLUTION OF THE CITY COUNCIL OF T~iE CITY OF DELRAY
BEACH, FLORIDA, PROVIDING THAT ALL FUNDS COLLECTED ON
THE BOND SERVICE PORTIO12 OF ALL DELIiWQUENT TAXES BE
PAID TO THE WATER PLANT FUND TO REPLACE ~IONEY HERETOFORE
BORROWED FROM TliE CITY WATER PLANT FUND.
WHEREAS, additional money is needed in the ~ater Plant
Fund in order to make repairs, improvements and extensions, and
WHhREAS, the City Council of the City of Delray Beach,
Florida, has 'heretofore used money belonging to the Water Plant
Fund of the 0ity for the purpose of paying bond service obli-
gations and/or other obligat~ons not connected with the Water
Department, amd
WHEREAS, it is the desire of the City of Delray ~each that
such funds be repaid to the '¥~ater Plant Fund as~on as possible,
and n~ te~(~~
WHEREAS, the City Cou appoin a committee to
recommend adjustments of delinquent taxes, and it is anticipated
that a considerable s~of money will b~collected t~ereunder,
now, therefore, BE IT~R~S~VED?~ By~t~h~tyx [ Council of the City of
Delray Beach, Flor'd.~as foilows:/.~
. FL.R..S~T..:' That~i moneys co~ted on delinquent taxes ~
tha~ y~ortion o~e levies~~ther~r x,~ich 'a~s heretofore allo-
cated for_bon.d~ervice ~re~~y specifically allocated to the
W~ter Pla..~~d of the City '~ order to repay the Water Plant
Fund for m~ys heretofore borrowed for the purpose of
meeting
bond service obligations and/or other obligations ~ot properly
connected with the ~gater Plant, in order to have sufficient funds
for the purpose of making necessary repairs, improvements and
extensions in the existing water plant.
SECORD: The City Clerk is hereby authorized and instructed
to place said funds to the credit of the Water Plant Fund.
PASSED in regular session on this the ]~ day of ~iarch,
193¢.
LI~resident,- Uity Oounc il
Attest: ' r, v. ~ ?/,/ .t
_
City Clerk - - ~ ~I~a~or '