R-527-71 (2) RESOLUTION NO. 527
A RESOLUTION AUTHORIZING THE MAYOR
AND THE VILLAGE MANAGER TO EXECUTE
A SECURITY AGREEMENT WITH PEOPLES
FIRST NATIONAL BANK OF MIAMI SHORES
TO FINANCE THE PURCHASE OF TWENTY-
THREE 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 a Security Agreement with Peoples First National Bank of
Miami Shores to finance the purchase of twenty-three 36 volt E-Z-Go
Model 1971 X-440 electric golf cars for the golf course, with serial numbers
as follows:
914x1436 914x1447
914x1437 914x1448
914x1438 914x1449
914x1439 914x1450
914x1440 914x1451
914x1441 914x1452
914x1442 914x1453
914x1443 914x1454
914x1444 914x1455
914x1445 914x1456
914x1446 914x1457
914x1458
That said agreement shall be in the sum of not to exceed
$18, 745. 00 repayable in two annual installments beginning, or before,
November 1, 1972 at 4-1/4% interest.
PASSED AND ADOPTED this 19th day of October, 1971.
Mayor
ATTEST:
Village Clerk