1977-07 (Designating Depository)RESOLUTION
A RESOLUTION DESIGNATING THE COMMERCIAL
BANK OF OKEECHOBEE AS DEPOSITORY FOR
THE CITY OF OKEECHOBEE GENERAL FUND.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF OKEECHOBEE,
FLORIDA, AS FOLLOWS:
SECTION 1. AUTHORITY. This Resolution is adopted pursuant
to the provisions of Chapter 132, Florida Statutes, and other
applicable provisions of law.
SECTION 2. FINDINGS. It is hereby found, determined and
declared as follows, that upon the request of the Commercial
Bank, The City of Okeechobee designates the Commercial Bank of
Okeechobee depository of the General Fund.
SECTION 3. AGREEMENT. That it is resolved by the City
Council of the City of Okeechobee that with the commencement of
the 1977-1978 Budget Year, all funds for deposit upon the demand
account of the General Fund of the City of Okeechobee shall be
deposited with the Commercial Bank of Okeechobee.
SECTION 4. EFFECTIVE DATE. This Resolution shall take effect
immediately upon its passage.
PASSED AND ADOPTED in Regular Session of the City Council of
the City of Okeechobee, Florida, this 12th day of July, 1977.
Russell V. Domer
President City Council
City of Okeechobee, Florida
ATTEST:
Sandra Bennett
City Clerk
City of Okeechobee, Florida
APPROVED BY ME THIS 12th day of July, 1977.
Audley Dunham
Mayor
City of Okeechobee, Florida