R-511-70 RESOLUTION NO. 511
A RESOLUTION AUTHORIZING THE MAYOR
AND THE VILLAGE MANAGER TO EXECUTE
THE NECESSARY CHATTEL MORTGAGE OR
RETAIN TITLE CONTRACT WITH PEOPLES
NATIONAL BANK TO FINANCE THE PURCHASE
OF A TREE CRANE.
BE IT RESOLVED BY MIAMI SHORES VILLAGE:
That the Mayor and the Village Manager be authorized
to execute the necessary Chattel Mortgage or retain title contract
with the Peoples First National Bank of Miami Shores to finance the
purchase of a tree crane.
That said mortgage or contract shall be in the sum of
not to exceed $9, 210. 00 payable in installments on or before two
years from the date of the mortgage, at 4% interest.
PASSED AND ADOPTED this 19th day of May, 1970.
a
fl
Mayor
ATTEST:
Village Clerk