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081127CITY COMMISSION, SANFORD, FLORIDA, MINUTES Adjo~ued Session August ll, at 2 P 1~ .19 27 Present: Cormmissioner E F Housholder, Acting I~.ayor and S 0 Chase. City Attorney George A DeCottes, City ~,~anager ~ B Williams, and City Engineer, Fred T ?~illian Co~muissioner S 0 Chase offered the following Resolution ~355 : V~HEREAS, the City of Sanford, Florida is endeavoring to re-adjust its financial S affairs, and ;'~-tEREAS, at the moment the City cannot definitely determine what cash it will have available during the next several months, and ¥~EREA$, a monthly indebtedness is incurred by the City of Sanford, Florida, with the Florid~ Power & ~ght Con. any for the furnishin~ of electric current to the City of Ss.nford, Florida, and 'i%~{EREAS, the Florida Pov:er & Light Co:upany has generously offered to aid the City cf Sanford, Florida in this time of emergency by not insisting upon the payment of current billidue for electric current and bills to become due during the next BE IT RESOLVED, that the offer so generously made by be and th~ same is hereby accepted and, fmw months, therefore, the Florida Power & Light Company BE IT FURTHER RESOLVED, that the monthly bills hereafter rendered for the next several months , ~oon receipt of same, be duly audited and ~oproved for payment and that said bills when so audited and approved for payment shall be returned to the Florida Power & Light Company with a certificate executed on the part of the City of Sanford, by the City Cozm'nission of the City of Sanford, Florida , acknowledging its indebtedness to the Florida Power ~ Light Company, as Bhown by any bills renderedduly audited and approved for payment, obligating itself to pay the said bills from the first funds available for said purposes. Adopted this the llth day of August A D . 1927. E F Housholder S 0 Chgse As the z~itIy Oo~:~issiou Iof City of Sanford, Florida. theI ' Attest : L R Philips ,, City ClIerk. . Commissioner S 0 Chase offered the following Resolution ~,~6 : ?~HEREAS, the City Auditor and Clerk of the City of Sanford, Florida, advises that there is the sum of $~,555.11 in the Bond Fund Account in the First National B~m~k of Sanford on deposit as a savings account, and 7~HEREAS, it is necessary for the City to ex/pend a portion or all of said bond fund account on deposit in the savings account of the First I,!ational Bank for purposes' authorized in the issuance of said bonds, therefore BE IT RESOLVED that the First National Bank of Sauford be directed to transfer the: funds of the City of Sanford Florida, ~ond fund account, now on deposit in the savings department of the First National Bank of Sanford, to the bond fund checki~-~ account. BE IT FURTHER RESCL7ED, that ~ certified copy of this resolutionbe furnished the First I~ational Bahk of Sanford for its authority for making said transfer of funds from +~, ~o~ ~nn,~t tn the eheckin~ account. MINUTES CitY COMMISSION, SANFORD, FLORIDA, All~ I The following bills were read, approved and the Clerk authorized to dr~w check in full payment on szl~ries ~nd 25% of current bills. There being no further business the meetirE adjourned. Attest: Clerk. Acting