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574RESOLUTION NO. S7$1 A RESOLUTION AUTHORIZING THE CITY CLERK OF THE CITY OF EDGEWATER TO INVEST THE MONIES OF THE EDGEWATER WATERWORKS AND SEWER SYSTEM RENEWAL AND REPLACEMENT ACCOUNT IN THE AMOUNT OF FIFTY THOUSAND AND NO/100 ($50,000.00) DOLLARS, REPEALING ALL RESOLUTIONS IN CONFLICT HEREWITH AND PROVIDING AN EFFECTIVE DATE THEREFOR. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA: SECTION 1. The City of Edgewater, Florida, hereby auth- orizes the City Clerk to invest monies from the Edgewater Waterworks and Sewer System Renewal and Replacement Account in the amount of Fifty Thousand and no/100 ($50,000.00) Dollars. SECTION 2. That all Resolutions or parts of Resolutions <n conflict herewith be and the same are hereby rescinded. SECTION 3. That this Resolution shall take effect immediately upon its adoption by the City Council and approval by the Mayor. The foregoing Resolution was presented by Councilman , who moved its adoption, said motion being seconded by Councilman 'Atd4l�c Upon roll call vote the said Resolution was duly declared adopted at a regular meeting of the City Council held on the 026'1�-14-day of %7?dAee(_� , A.D., 1975; the vote of said Council upon roll call being as follows: sly ATTEST: ... _.lam. Councilman This Resolution was prepared by: Joseph E. Weaver, City Attorney. -2-