Resolution 1980-202 R-80-202
RESOLUTION AUTHORIZING September 23, 1980
THE ISSUANCE OF
• • ' REVENUE ANTICIPATION NOTE '
1.\H 3C 055 PACE4r3 SPECIAL ROAD
SSUE OF
SAE1980NTS FUND
WHEREAS, the Board of County Commissioners of Collier County,
Florida is empowered to borrow funds and pledge revenues
in payment thereof, and finds it is in the public interest
to provide interim financing for road paving and improvements
in (-Mier 'panty, Florir'l .
NOW THEREFORE, BE IT RESOLVED THAT:
The Board of County Commissioners for value received,
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hereby will issue a note and promises to pay to the bearer,
the principal sum of one hundred sixty-three thousand and no/100
dollars ($163, 000.00) , payable on or before September 25,
1981, with interest computed only to the date redeemed.
Both principal and interest in this Note are payable
•
in lawful money of the United States of America at the County
Courthotl^ • "---. Naples-, Florida.
The Note is one authorized to be issued to finance the lU
cost of road paving and improvements in Collier County, Florida,
under the authority of Chapter 125 of the Florida Statutes, ■
and a motion duly adopted by the Board of County Commissioners
of Collier County, Florida, on September 23, 1980.
The Note is payable from and secured by all uncommitted
funds other than ad valorem taxes accruing to Collier County,
, Florida. •
,
It is hereby certified and noted that all acts, conditions,
and things required to exist, to happen and to be performed
-- precedent to and in connection with the issuance of the Note,
• exist, have happened and have been performed in regular and
due course and form as required by the laws and Constitution
of the State of Florida applicable thereto, and that the ,
issuance of the Note does not violate any constitutional
or statutory provisions or limitations.
_. ...w..,.�_...� - _ _ -
% C=I .
September 23, 1980
The Note is to be issued September 25, 1980.
Commissioner Archer offered the foregoing Resolution and
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moved it's adoption, seconded by Commissioner Pistor and upon
roll call, the vote was: k
AYES: Commissioner Archer, Pistor, Brown and Wenzel
NAYS: None
ABSENT AND NOT VOTING: Commissioner Wimer
. }
i
BOARD OF COUNTY COMMISSIONERS
COLLIER COUNTY, FLLORII A
Dated: September 23, 1980 (C"/ /GC/ -r
/ Commissioner
• ATTEST:
`� WILtIlkM J. REAGPAN,,�CLERK
' By;�ak�.;,� ,� 11 �t J
Dcputr Clerk
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