Loading...
1950.01.24_TC_Minutes_MINUTES--Highland Beach Town Commission---January 21~ 1950; being a resumption of meeting held January 23,1950. • The meeting was called to order by ~~.yor Totterdale at 10:00 A M Present tdere Comm. Dubendorff, Heaton, Smith, Totterdale & Hertwig, The clerk read Resolution ~$, prepared by the Town Attorney; RESOLUTION #~$. A RESOLUTION APPROVIT+IG THE BOND OF THE TREASURER OF THE TOWN OF HTGHLAI~ID BEACH, PALM BEACH COUNTY, FLORIDA, IN THE AItTOUNT OF X100,000, BE IT RESOLVED by the Town Commission of the Town of Highland Beach, Palm Beach County, Florida, that the bond gi ven by the Treasurer, Rudolph W. Hertwig, with John James and Paulkips as surety and made payable to the Town of Highland Beach iri the amount of One Hundred Thousand Dollars (100,000), said amount being equal to the par value of the X100,000, water bonds of the Town of Highland Beach, dated as of December 1, 19~.9j is hereby approved and found to be in compliance with Jection l~ of Article V1 of the Charter of the To~rm of Highland Beach, Florida. PASSED AND ADOPTED by the ToU,m Commission of the Town of Highland Beach, Palm Beach County, Florida, at a meeting held on the 21~th day of January, 1950. . signed RQb r , T©tt~.~d~.7..Q~. tr ~ .a r~~H~t on _. SEAL rt R»rl nl = h w~ NPr~ ,rim III f~ K. u - _I1.iLnrlnrf f Attest r~ J. Mc~rrisnn Smith own Cler Comm. Dubendorff moved that Resolution ~$ be passed and adopted as read; Comm. Heaton seconded the motion and it was passed by affirmative votes of Comm. Dubendorff, Heaton, Smith, Totterdale and Hertwig, there being no dissent. The clerk read Resolution ~9, prepared by the Town Attorney; RESOLUTION #9. DESIGNATING BOYNTON BEACH STATE BANK OF BOYNTON BEACH, FLORIDA, AS THE TO~~T DEPOSITORY FOR ITS ttV~TATER PLANT. CONSTRUCTION ACCOUNTtt . BE IT RESOLVED by the Town Commission of the Totr~m of Highland Beach, Florida, that the Boynton Beach State Bank of Boynton Beach, Florida, be, and it hereby is designated as a depository of -the Town of Highland Beach, Florida, and that all funds re- ~minutes continued on page 2) Page 2. T~IINUTES--Jan. 21i., 1950-- Highland Beach Town Commission. • ceived by the Totim for the sale of its X100,000.00 ?'Dater Bond Issue are to be deposited in a special account in said Bank to be desig- nated tTWater Plant Construction Account" of the Town of Highland Beach, Florida. BE ST FURTHER RESOLVEDtthat said Bank shall secure said funds so deposited by the Town in said 'WWater Plant Construction Account'T from time to time so that said account will be secured by U. S. Government bonds, or bonds of like grade, to the value of the full amount of funds on deposit in said ttWater Plant Construction Ac- counttt. BE IT FURTHER RESOLVED that the funds so deposited in said nWater rr Plant Construction Account" shall be used only for purposes authorized and provided in Ordinance No 102 (which Ordinance No. 102 provides for the issuance and sale of`,;;~t00,000 Water Bonds). B~ IT FURTHER RESOLVED that said funds so deposited in said "Water ~ Plant Construction Account may be withdrawn only by a check, draft or order of the Tovm Commission of the Town of Highland Beach, Florida. BE IT FURTHER RESOLVED that all checks drafts or orders drawn against said Account be signed by the ~otivn Treasurer-Commissioner, and countersigned by at least two other members of the Town Commis- . lion of the Town of Highland Beach, Florida. T~TAME OFFICE Signed Robert Totterdale_ TO?^TN MAYOR-CON~T~ZISSIOPdER " B. CartQr Heaton. TO?~iT1V VICE-I~Z4YOR COTvT~.ISSIONER n Rudo ,~~ ,~rtyrig TO?'dN TREASURER-C OMT~iISS IONER '~ ~I• H. Dubend~r}'f. TOWN CONT~TISSIONER rt ~ __T,, it7orris~n ~mi .h TOWN COl~T42ISSI0NER BE IT FURTHER RESOLVED, that said Bank is hereby authorized and directed to honor and pay any checks, drafts or orders so drawn. This resolution shall continue in force and said Bank may consider the facts concerning the holders of said offices respectively, and their signatures, to be and continue as set forth in the Certificate of the Town Clerk accompanying a copy of this Resolution when deliv- ered to said Bank or in any similar subsequent certificate, until written notice to the contrary is duly served on said Bank. IN ?~TITNESS IAtHEREOF, I have hereunto affixed my name as Toum Clerk of the Town of Highland Beach, Florida, and have caused the corpo- • rate seal of said Town to be hereto affixed, this 2T~.th day of January, A. D. 1950 (Corporate Seal ) ~~~~ned Rudol h ?~T. Hertwi Town C er ommissioner (continued on page 3} Page 3. Minutes--Jan.2~., 1950--Highland Beach Town Co~nission. ( continuation of resolution -'-9 I, Robert Totterdale, as IYlayor of the Tovm of Highland Beach, Florida, do hereby certify that the foregoing is a correct copy of a resolution adopted as above set forth. Signed, Robert Totterdale Town l~iayoroCommissioner Comm. Heaton moved that Resolution ~9, be passed and adopted as read. Comm. Smith seconded the motion and it was passed by affirm- ative votes of Comm, Dubendorff, Heaton, Smith, Totterdale and Hextwig with no dissent. The clerk read Resolution #10, prepared by the Town Attorney; RESOLUTION i~T0.10, DESIGNATING THE BOYNTON BEACH STATE BANK OF BOYNTON BEACH, FLORIDA, AS THE TOT~'7N DEPOSITORY FOR ITS WATER BOND INTEREST AIdD SINKING FUND ACCOUNTt1. BE IT RESOLVED by the Town Commission of the Town of Highland Beach, Florida, that the BOYNTON BEACH STATE BANK OF BOYNTON BEACH, FLORIDA, is hereby designated as a depository of the Town • of Highland Beach, Florida, and that all funds ~x~~-x~ae3xx received by the Town for the purpose of payment and retirement of its j~~later Bonds and interest coupons affixed and attached to said ~`Jater Bonds, issued under and pursuant to Ordinance No. 102 of the Town, are to be deposited in a special account in said Bank to be designated ttWater Bond Interest and Sinking Fund Accounttt s of the Town of Highland Beach, Florida. BE IT FURTHER RESOLVED that said Bank shall secure said funds so deposited by the .Town in said nWater Bonds Interest and Sinking Fund Accountn from time to time so that said account gill be se- cured by U. S. Government Bonds, or bonds of like grade, to the value of the full amount of funds on deposit in saidnnWater Bond Interest and Sinking Fund Accountn BE IT FURTHER RESOLVED that the funds so deposited in saidnWater BondsInterest and Sinking Fund » shall be used only for the pur- poses authorized and provided in Ordinance No. 102 (which Ordin- ance No. 102 provides for the issuance and sale of ~~100,00000 °~Tater Bonds and the payment therefore. BE IT FURTHER RESOLVED that said funds so deposited in said 11Water Bond Interest and Sinking Fundn may be ;nrithdrat~m only by a check Draft or order of the 1^own Commission of the Town of i-~ighlanc~. Beack, Florida. . Be it further resolved that all checks, drafts or orders drawn against said account be signed by the Town Treasurer-Commissioner, and countersigned by at least two other members of the To~~m. Com- mission of the Town of Highland Beach, Florida. (minutes continued on page '~) ?'aoe L~.. T~Tinutes--Jan. 2~., 1950.-Highland Beach Town Commission. (continuation of Resolution X10) I~A1~TE OFFICE SIGPdED Robert Totterdale _ _ TOWN T~~AYOR COMT~~ISSIONER __,_~~? _ ~ B. Carter Heaton _~, TOWN VICE MAYOR COP~T~ZISSIONER __ n _` Rudolph W. Hertwi~__ ____ _Z'OWN TREASURER - CONI~TISSI03.~tER ~' _ _~ H . H. Dubendorff _____TO'utTNN COMMISSIOTvER n J. Morrison Smith ~ TO~t COMNTISSIONER BE IT FURTHER RESOLVED, that said Rank is hereby authorized and directed to honor and pay any checks, drafts or orders so drawn. This resolution shall continue in force and said Bank may consi- der the facts concerning the holders of said offices respectively and their signatures, to be and continue as set forth in the Cer- tificate of the Town Clerk accompanying a copy of this resolution when delivered to said Bank o~ in any similar subsequent certifi- cate, until written notice to the contrary is duly served on said Bank. In witness ti•~hereof, I have hereunto affixed my name as Totim Clerk • of the Town of Highland Beach, Florida, and have caused the cor- porate seal of said Town to be hereto affixed, this 21~th day of January, A, D. 1950. (CORPORATE SEAL ) Signed Rudolph W. Hertwi,~ _ Town Clerk-Commissioner I, Robert Totterdale, as Mayor of the Town of Highland Beach, Florida, do hereby certify that the foregoing is a correct copy of a resolution adopted as above set forth. Signed Robert Totterdale Town T~jayor- Commissioner Comm. Smith moved that Resolution X10 be passed and adopted as read; Comm. Hertwig seconded the motion and it was passed by af- firmative votes of Comm. Dubendorff, Heaton, Smith, Totterdale ~. and Hert~~rig, there being no dissent. ~~i On motion of Comm. Heaton, seconded by Comm. Smith and passed by affirmative votes of Comm, Dubendorff, Heaton, Smith, .Totterdale and Herttrig the meeting was recessed to January 30, 1950 at r~:30 p.m. ~~~ G~9 i~~