R-513-70 RESOLUTION NO. 513
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 FOUR INTERNATIONAL TRUCKS.
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 four International Harvester trucks.
principal
That said mortgage or contract shall be in the/sum of .
not to exceed $22, 800. 00 payable in installments on or before three
years from the date of the mortgage, at 4% interest.
PASSED AND ADOPTED this 8th day of September,
1970.
Mayor
ATTEST:
Village Clerk