Res 43-70 RESOLUTION NO. 43-70.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF DELRAY BEACH, FLORIDA, AUTHORIZING THE
ACCEPTANCE OF BIDS FOR THE PUBLIC SALE OF
$1,450,000 STORM DRAINAGE BONDS, $2,260,000
WATER TREATMENT PLANT BONDS AND $440, 000
FIREHOUSES AND EQUIPMENT BONDS OF THE CITY
OF DELRAY BEACH, FLORIDA.
WHEREAS, the City of Delray Beach, Florida, is desirous of
authorizing the acceptance of bids for the public sale of $1,450,000 Storm
Drainage Bonds, $2,260,000 Water Treatment Plant Bonds and $440,000
Firehouses and Equipment Bonds;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS:
That the City Council of the City of Delray Beach, Florida, hereby
authorizes the acceptance of bids in accordance with the City Charter for the
public sale of $1,450,000 Storm Drainage Bonds, $2,260,000 Waier
Treatment Plant Bonds and $440,000 Firehouses and Equipment Bonds
promptly following the expiration of the 30-day appeal period after the
order validating these bond issues, taking into consideration market
conditions. Such date on which the bids are to be received is to be determined
by lhe City's Financial Consultant and approved by the City Finance Director
and City Attorney.
PASSED and ADOPTED on this the 13th day of July, 1970.
~ "~ MAYOR
ATTEST:
City Clerk