R-436-64 RESOLUTION NO. 436
A RESOLUTION AUTHORIZING THE MAYOR
AND THE VILLAGE MANAGER TO EXECUTE
THE NECESSARY CHATTEL MORTGAGE WITH
PEOPLES NATIONAL BANK TO FINANCE THE
PURCHASE OF TEN 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 ten 36-volt Cushman electric golf carts for
the Golf Course, with serial numbers as follows:
#176954 #176873
#176924 #176842
#177187 #176861
#176986 #176893
#177158 #176910
That said Mortgage shall be in the sum of not to exceed
$8, 000. 00, repayable in three annual installments beginning November,
1965, at 4% interest.
PASSED AND ADOPTED this 17th day of November, 1964.
M yorZ"
ATTEST:
Village Clerk