R-404-59 RESOLUTION NO. 404
A RESOLUTION AUTHORIZING THE MAYOR
AND THE VILLAGE MANAGER TO EXECUTE
THE NECESSARY CHATTEL MORTGAGE WITH
PEOPLES NATIONAL BANK TO FINANCE THE
PURCHASE OF ELECTRIC GOLF CARS FOR
THE GOLF COURSE.
BE IT RESOLVED BY MIAMI SHORES VILLAGE:
That the Mayor and the Village Manager be authorized to
execute the Chattel Mortgage with the Peoples National Bank necessary
to finance the purchase of 18 - 36 volt Cushman electric golf cars in
the amount of $15, 647. 58 and 20 - 24 volt Cushman electric golf cars
in the amount of $15, 893. 60, for the Golf Course.
That said Mortgage shall be in the sum of not to exceed
$31, 541. 18, payable on or before one year from date at 476 interest.
PASSED AND ADOPTED this 3rd day of November, 1959.
f7
Mayor
ATTEST:
Village Clerk