82-R-37RESOLUTION NO. 82-R-37
A RESOLUTION OF THE COUNCIL OF THE CITY OF
EDGEWATER, FLORIDA, AUTHORIZING THE CITY MANAGER
TO MAKE THE NECESSARY ARRANGEMENTS FOR THE CITY
TO SECURE FUNDS FROM A FINANCIAL INSTITUTION, BOND
ISSUE, OR BOND ANTICIPATION NOTE,FOR PURPOSES OF
FUNDING THE ROAD PAVING PROGRAM, PREVIOUSLY
APPROVED BY RESOLUTION 82-R-22; REPEALING ALL
RESOLUTIONS OR PARTS OF RESOLUTIONS IN CONFLICT
HEREWITH; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Council of the City of Edgewater, Florida, has
determined by Resolution 82-R-22 to make public improvements within
the City of Edgewater, Florida, by paving certain designated roads; and
WHEREAS, the estimated cost of said program has been determined
to be approximately $315,000.; and
WHEREAS, it will be necessary for the city to secure funds in
order to begin and complete said program;
NOW THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
EDGEWATER, FLORIDA:
SECTION 1. That the City Manager is hereby authorized and
directed to take whatever steps are necessary for the city to borrow
from a financial institution or to secure from a bond issue and/or a
bond anticipationnote the funds necessary to begin and complete the
road paving program approved by Resolution 82-R-22.
SECTION 2. That all Resolutions or parts of Resolutions in,
conflict be and are hereby repealed.
SECTION 3. That this Resolution shall take effect immediately
upon its adoption by the City Council and approval as provided by law.
The first reading of the Resolution was read in full and passed
by a vote of the City Council of the City of Edgewater, Florida, at a
Regular meeting of said Council held on the day of July, 1982,
and approved as provided by law.
The vote on the above and foregoing Resolution No. 82-R-37
following first reading thereof was as follows:
o
MAYOR RobeA Chr y
Z E ONE C ILMRN
.J cob Lodico
FKC,as0a/
ZONE TWO COUNCILMAN
David Ledbetter
�.,
ONE THREE COUNCILMAN
Wilbert Pendleton
NU CO NE COUNCILMAN
hn Wilbur
ATTEST:
CITY CLERE
¢9ikicated this 1,�day of
�? "I s` d` for leg�a�9l-iity�� aand, .form:
CITY ATTORNEY