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RESOLUTION NO. 7-2 y
A RESOLUTION ESTABLISHING A
CAPITAL IMPROVEMENT FUND
FOR THE WATER AND SEWER
DEPARTMENT OF THE CITY OF
EDGEWATER, FLORIDA:
REPEALING ALL RESOLUTIONS
IN CONFLICT HEREWITH AND �74
PROVIDING AN EFFECTIVE DATE.
WHEREAS, it has been determined that it is in the best interest of
the City of Edgewater to set up a Capital Improvement Fund for the Water and
Sewer Department of the City of Edgewater, Florida, and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF EDGEWATER, FLORIDA:
Section 1. That a Capital Improvement Fund for the Water and
Sewer Department of the City of Edgewater, Florida is hereby established.
Section 2. That the depository for this account shall be at the
Southeast Bank of New Smyrna Beach, Florida,
Section 3. That those persons authorized to make withdrawals
from the above -described account shall be the Mayor, Vice -Mayor or Acting
Mayor and the City Clerk or Deputy City Clerk. All checks must bear the
signature of either the Mayor, Vice -Mayor or Acting Mayor and either the
City Clerk or Deputy City Clerk.
Section 4. That all Resolutions or parts of Resolutions in conflict
herewith be and the same are hereby rescinded.
Section 5. That this Resolution shall take effect immediately upon
its adoption by the City Council and approval as provided by Law.
Upon roll call vote the Resolution was duly declared adopted at a regular meeting
of the City Council held on the Iday of 1977; the vote of
said Council upon roll call vote being as follows:
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ATTEST:
�i ayor
2,2.
VGA-�,�
Councilman
Counciihian
1
Approved this day of
, 1977.
�Iayor
This Resolution prepared by:
JUDSON I. WOODS, JR.
City Attorney