93-R-29
'W ....,
RESOLUTION NO. 93-R-29
A RESOLUTION OF THE CITY OF EDGEWATER,
FLORIDA, APPROVING AND AUTHORIZING THE FLORIDA
DEPARTMENT OF REVENUE IN ACCORDANCE WITH RULE
12 - 10.09 (FLORIDA ADMINISTRATIVE CODE) TO
DESIGNATE A BANK TO RECEIVE THE REVENUE
SHARING STATE WARRANT; AUTHORI ZING THE BANK SO
DESIGNATED TO ELECTRONIC FUNDS TRANSFER SAID
REVENUE SHARING FUNDS TO A BANK DESIGNATED BY
THE CITY OF EDGEWATER TO RECEIVE SUCH FUNDS;
AND FURTHER TO AUTHORIZE THE BANK DESIGNATED
BY THE FLORIDA DEPARTMENT OF REVENUE TO DEDUCT
THE COST OF TRANSFER FROM THE AMOUNT RECEIVED
FROM TRANSFER; REPEALING RESOLUTIONS IN
CONFLICT HEREWITH AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the Florida Department of Revenue has adopted Chapter
12 -10.09, Automatic Deposit of Revenue Sharing Funds in the Rules
of Department of Revenue, State of Florida; and
WHEREAS, it is in the best interest of the City of Edgewater
to receive the revenue sharing funds by electronic transfer.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Edgewater, Florida:
Section 1.
That, 1n 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 revenue
sharing state warrant.
Section 2.
That the bank so designated is authorized to
electronic transfer said revenue sharing funds to a bank designated
by the City of Edgewater to receive such funds.
Section 3. That the bank designated by the Florida Department
of Revenue is authorized to deduct the cost of the electronic
transfer from the amount received for transfer.
Section 4.
All resolutions or parts of resolutions in
conflict herewith be and same are hereby repealed.
Section 5. This resolution shall take effect upon adoption.
93-R-29 1
After Motion by Councilwoman Martin and Second by Coucilman
Jones, the vote on this resolution was as follows:
Mayor Jack H. Hayman, Sr. AYE
Councilman Kirk Jones AYE
Councilwoman Louise A. Martin AYE
Councilman Mike Hays AYE
Councilman David L. Mitchum AYE
PASSED AND DULY ADOPTED this 20th day of December, 1993.
CITY COUNCIL OF THE
CITY OF EDGEWATER, FLORIDA
n
By:
ack H. H n, Sr.
Mayor
APPROVED FOR FORM & CORRECTNESS:
l�tia= F %'�u,
Kris*a A. Storey
City Attorney
93-R-29 2