R-560-74 RESOLUTION NO. 560
A RESOLUTION AMENDING RESOLUTION NO. 550
AND THE CERTIFICATES LISTED THEREIN TO
READ MATURITY DATES OF NOVEMBER 1st EACH
YEAR, INSTEAD OF SEPTEMBER 1st, EACH YEAR.
WHEREAS, it would be to the benefit of Miami Shores Village
to have the maturity dates on the $165, 000. 00 irrigation system Revenue
Certificates with the Peoples First National Bank of Miami Shores, to be
November 1st each year, instead of September 1st as written in Resolution
No. 550; and
WHEREAS, the Peoples First National Bank of Miami Shores
has agreed to change these maturity dates;
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL
OF MIAMI SHORES VILLAGE:
Section 1. That the maturity dates, as listed in Resolution No.
550, of the ten certificates maturing each year until 1983 be amended and
changed from September 1, 1974 and each year thereafter, to November
1, 1974 and each year thereafter, as follows:
Certificate #1 November 1, 1974 $16, 500. 00
Certificate #2 November 1, 1975 16, 500. 00
Certificate #3 November 1, 1976 16, 500. 00
Certificate #4 November 1, 1977 16, 500. 00
Certificate #5 November 1, 1978 16, 500. 00
Certificate #6 November 1, 1979 16, 500. 00
Certificate #7 November 1, 1980 16, 500. 00
Certificate #8 November 1, 1981 16, 500. 00
Certificate #9 November 1, 1982 16, 500. 00
Certificate #10 November 1, 1983 16, 500. 00
Section 2. In all other respects said Resolution No. 550 is
unaffected by this amendment.
PASSED and ADOPTED this 19th day of February, 1974.
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M yor
ATTEST:
Village Clerk
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