Res 87-89 RESOLUTION NO. 87-89
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH,
FLORIDA APPROVING AND AUTHORIZING THE FLORIDA DEPARTMENT OF
REVENUE IN ACCORDANCE WITH RULE 12-10.09 (F.A.C.) TO DESIGNATE A
BANK TO RECEIVE THE LOCAL GOVERNMENT HALF-CENT SALES TAX STATE
WARRANT; AUTHORIZING THE BANK SO DESIGNATED TO WIRE TRANSFER SAID
LOCAL GOVERNMENT HALF-CENT SALES TAX TO A BANK DESIGNATED BY THE
CITY OF DELRAY BEACH, FLORIDA TO RECEIVE SUCH FUNDS; AND FURTHER
TO AUTHORIZE THE BANK DESIGNATED BY THE FLORIDA DEPARTMENT OF
REVENUE TO DEDUCT THE COST OF THE WIRE TRANSFER FROM THE AMOUNT
RECEIVED FOR TRANSFER.
WHEREAS, the Florida Department of Revenue has adopted Chapter
12-10.09, Wire Deposit of Local Government Half-Cent Sales Tax Funds in the
Rules of the Department of Revenue, State of Florida, and
WHEREAS, it is in the best interest of the City of Delray Beach,
Florida to receive the Local Government Half-Cent Sales Tax Funds by wire
transfer,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY
OF DELRAY BEACH, FLORIDA:
SECTION 1. That, in accordance with S.S. 17.075, Florida
Statutes, and Rule 12-10.09 (F.A.C.) the Florida Department of Revenue is
authorized to designate,a bank to receive the Local Government Half-Cent
Sales Tax State Warrant.
SECTION 2. That the bank so designated is authorized to wire
transfer said Local Government Half-Cent Sales Tax funds to a bank
designated by the City of Delray Beach, Florida to receive such funds.
SECTION 3. That the bank designated by the Florida Department of
Revenue is authorized to deduct the cost of the wire transfer from the
amount received for transfer.
SECTION 4. That this resolution shall take effect immediately
upon its adoption.
PASSED AND ADOPTED in regular session on this 28th day of
~ovember , 1989.
CITY OF DELRAY BEACH, FLORIDA
ATTEST: ~~
Mayor
-- ~ City Cl~rk