R-504-69 RESOLUTION NO. 504
A RESOLUTION AUTHORIZING THE MAYOR
AND THE VILLAGE MANAGER TO EXECUTE
A SECURITY AGREEMENT WITH LITTLE
RIVER BANK AND TRUST COMPANY TO
FINANCE THE PURCHASE OF SIXTEEN ELEC-
TRIC GOLF CARS FOR THE GOLF COURSE.
BE IT RESOLVED BY MIAMI SHORES VILLAGE:
That the Mayor and the Village Manager be authorized
to execute a Security Agreement with the Little River Bank and Trust
Company to finance the purchase of sixteen 36-volt E-Z-Go Model
1970 X-440 electric golf cars for the golf course, with serial numbers
as follows:
1094-1094 1094-1102
1094-1095 1094-1103
1094-1096 1094-1104
1094-1097 1094-1105
1094-1098 1094-1106
1094-1099 1094-1107
1094-1100 1094-1108
1094-1101 1094-1109
That said agreement shall be in the sum of not to exceed
$13, 220. 00 repayable in two annual installments beginning, or before,
November 1, 1970 at 4-3/4 % interest.
PASSED AND ADOPTED this 7th day of October, 1969
Mayor
ATTEST:
Village Clerk