Res 276RESOLUTION l~l'0 BOOK N0.
A ~SOLUTION OF TiiE CITY COUNCIL OF TriE CITY OF DELRAY BEACH,
FLORIDA, PROVIDING T~i~:~ ~!,L FUNDS COLLECTED ON ALL DELINQUENT
TAXES P?.IOR TO THE YE.~R 1937 BE PAID TO THE WATEt{ PLANT FUND
TO .REPLACE ~,~0NEY HERE?0FORE BOR??~D FR01,~[ THE 0ITY WATER
PLANT FUI~D.
WHEREAS, additional money is needed in the Water
Plant Fund in order to make repairs, i~'~provements and exten-
s~ions, and
~HE~.S, the City Council of t~e City of Delray
Beach, Florida, has heretofore used money belonging to the
Water Plant Fund of the City for the purpose ol' paying bond
service obligations and/or other obligations not conaected with
the Water Department, and
?fHE~AS, it is the desire of t;ae City of Delray
Ben.ch t..~at s.~ch funds be repaid to the Water Plant ~mud as
soon as possible, and
:~?/~E~.~S, the City Council has ap/o'~nted a committee
to recommend adjust.~ents of delinquent ta:~es, and it is antici-
pated that a considerable sum of money ~vill be collected
thereunder, now, therefore, BE IT RESOLVED By the City Council
of the C'ity of Delray Beach, Florida, as follows:
FIRST. That all moneys collected on delinquent
taxes prior to the year 1937 are hereby specifically allocated
to the Water Plant Fund of the City in order to repay tae Water
Plant Fund for moneys herevo~ore borrowed for tne purpose of
meeting bond service obligations and/or other obligations
not properly conneczed with the Water Plant, in order to have
sufficient ffunds for the purpose of making necessary repairs,
improve~ents and extensions in the existing water plant.
~SEOOi~D. The C~ty Clerk is hereby au~i~orized and
instructed to place said f~ds collected from delinquent taxes
prior to the year 1~$7 to the credit of the Water Plant Fund.
pASSED in reg~alar session on this tn day
of ~, A. D. 1959. //,./ ,,,... ," ,'
Aporoved:
Attest: '
~ ..... ~o~