Res 55-65 55-65.
RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF DELRAY BEACH, FLORIDA, DESIGNATING PAYING
AGENTS IN CONNECTION WITH THE $1,200,000
CIGARETTE TAX BOND ISSUE.
WHEREAS, this Council has heretofore, by resolution
duly adopted on the 13th day of August, 1965, provided for the
issuance of $1,200,000 Cigarette Tax Bonds of The City of Delray
Beach, Florida, for the purpose of financing the cost of con-
structing and acquisition of Capital Improvements in said City;
and
WHEREAS, it is necessary to designate paying agents
in connection therewith,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS:
1. That the $1,200,000 Cigarette Tax Bonds of the City
of Delray Beach, Florida, heretofore authorized by Resolution
adopted on August 13, 1965, shall be payable at the First
National Bank of Orlando, or at the option of the holder,
the Morgan Guaranty Trust Company of New York.
2. This resolution shall take effect immediately.
PASSED AND ADOPTED this 13th day of December, 1965.
ATTEST:
City Clerk~.~---~/