R-429-63 RESOLUTION NO. 429
A RESOLUTION APPROPRIATING EXCESS
FUNDS.
WHEREAS, the Village revenue during the past year has
been such as to accumulate unappropriated funds sufficient to retire
some outstanding debts of the Village;
NOW, THEREFORE, BE IT RESOLVED BY MIAMI
SHORES VILLAGE:
That the Village Manager is hereby directed to use
$21, 749. 00 of power franchise revenue to prepay the Certificate of
Indebtedness dated September 20, 1960, wherein power franchise
revenue was pledged for a loan from the Peoples National Bank to
construct improvements at the Brockway municipal library.
PASSED AND ADOPTED this 17th day of September, 1963.
Mayor
ATTEST:
g� �
Village Clerk