011151-Special Called SessionMINUTES
191
The City Oommtsslon of the City of Banford, Florida, met in Bpecial 0alled session at
the City Hall in the 01ty of Sanford, Florida, at 1:30 o'clock P. M. January 11, 19%1.
Present~ 0ommissioner F. A. Dyson, Mayor
# Andrew Oarraway
" John D. Ivey
# W.H. Btemper
City Attorney A. Edwin Bhinholser
City Manager Clifford McKibbin, Jr.,
City Clerk H. N. Bayer
Absent: Commissioner Bam A. Martins, Jr.,
Meeting called to order by the Chairman who announced that the meeting had been called
for the purpose of giving further consideration to transferring from the Binking Fund, of funds
received from sale of real estate, which was authorized and directed by Resolution No. 780,
passed and adopted by the City Commission on August 28, 1950, re-allocating said funds for
capital improvements, but had not been transferred because the Board of Bond Trustees de-
clined to sign the check. Also, the transaction of any other business that may come before
this meeting.
The Clerk then advised that twenty-four hours written notice of this called meeting
had been served on each of the Commissioners, and that they had accepted service of said notice
and consented and agreed to mess at this time.
The Mayor and City Attorney then reported on conference with Mr. W. A. Leffler, Chair-
man of Board of Bonds Trustees, relative to transferring from the Binking Fund the said funds
back to the Public Projects Fund in accordance with authorization and instructions of Resolu-
tion No. 780; stating that since said conference Mr. Leffler had conferred with other members of
the Board of Bond Trustees and telephoned that in view of the fact that the City Commission
by Resolution No. 772, passed and adopted on January 23, 1950, appropriated the said funds to
the Department of Debt Bervlce, the Board of Bond Trustees did not feel inclined to sign the
check to transfer the funds back to the Public Projects Fund.
The City Manager also advised that Mr. H. James Gut, the newly apoointed member of the
Board of Bond Trustees, had telephoned that he had declined any action in the matter because
he was not familiar with ~he facts surrounding the re-allocation of the funds and did not feel
he would be qualified to voice any opinion until making an investigation and have a meeting of
the Board.
Thereupon after considerable discussion, and in view of the fact that the Commission had
adooted the necessary resolution rescinding Resolution No. 772, and re-allocated the funds re-
ceived from sale of real estate for capital improvements, and had obligated the City for certain
capital improvements, Commissioner Carraway moved that the Clerk be authorized and directed to
deduct from the amount due the Binking Fund for debt service proportion of taxes collected dur-
ing month of December 1950, the funds in amount of $26,97~.65 received from sale of real estate
and due to Public Projects Fund from said Fund.
Beconded by Commissioner Ivey and carried.
There being no further business the meeting adjourned.
ATTEBT:. ~ ''
Cl