HomeMy WebLinkAboutR-78-0659LCP/ab
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1 RESOLUTION ADVANCING $350,000 FROM THE CONVENTION CENTER FUND
`'O THE TRADE FAIR OF THE AMERICAS-EXPORT '79 TRUST AND AGENCY
FUND; SAID ADVANCEMENT TO COME FROM MONIES DERIVED FROM SOURCES
OUTSIDE OF THE SALE OF BONDS; THE CONVENTION CENTER FUND TO BE
REIMBURSED BY THE TRADE FAIR OF THE AMERICAS-EXPORT '79 TRUST AND
AGENCY FUND THE AMOUNT OF $350,000 PLUS INTEREST COMPUTED SIMPLY
AT 6% PER ANNUM.
WHEREAS, on October 12, 1978 the Commission adopted Resolution 78-644
approving the proposal for the Trade Fair of the Americas - Export '79 and
authorizing the transfer of $350,000 from the Convention Center Fund to the
Trade Fair Fund on a loan basis; and
WHEREAS, funds are available on a reimbursable basis in the amount of
$350,000 in the Convention Center Fund which will come from monies derived from
sources outside of the sale of bonds; and
WHEREAS, Convention Center funds advanced to the Trade Fair of the
Americas -Export '79 Trust and Agency Fund will be reimbursed from "DOCUMENT INDEX
3 Fair£ the Americas; and
2 11
operations of the Trade o � z - �� � N4 �./
WiiEF.E,AS , funds advanced to the Trade Fair of the Americas-fl 1 ort ' 79
Trust and Agency Fund will accrue interest computed simply at 6% per annum;
NOW, 'I1lEREFORE, BE rr RESOLVED BY WE COMMISSION OF THE CrrY OF M AMI,
FLORIDA:
Section 1. Funds in the amount of $350,000 are hereby advanced from
the Convention Center Fund to the Trade Fair of the Americas -Export '79 Trust
and Agency Fund, said advancement to come from monies outside of the sale of
bonds.
Section 2. Funds advanced from the convention Center Fund to the
Trade Fair of the Americas -Export '79 Trust and Agency Fund are reimbursable -
from the proceeds of the Trade Fair of the Americas Project.
CITY COMMISSION
MEETING OF
OCT2 4 1978
mount' O78-65
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ME
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Station 3, Punett adVanded frOM the Convention Center Fund to the
Trade Fair of the Americas -Export '79 Trust and Agency Fund shall accrue
interest computed simply at 6% per annum, payable to the Convention Center Paid
from the proceeds of the Trade Fair of the Americas Project,
PASSED AND ADOPTED this 24 day of October
G. KIUE, CITY CLERK
BUDGETARY RE
HCWARD V. GARY, D CTOR
DEPARTMENT OF MANA ilENT AND BUDGET
APPROVED AS TO FORM AND CORRECTNESS:
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, 1978.
1 (?(" .
ROBERT F. CLARK,
ASSISTANT CITY ATTORNEY
78-659
ME
ME
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gTA'E OF FLORIDA
COUNTY OF DADE
CITY OF MIAMI
Is RALPH G. ONGIEj Clerk of the City of Miamiy
Florida; and keeper of the records thereof do hereby
certify that the attached and foregoing pages numbered 1
through 2, inclusive, contain a true and correct copy of a
resolution adopted by the Commission of said City at a
meeting held on the 24th day of October, 1978.
SAID RESOLUTION WAS DESIGNATED RESOLUTION
NO. 78-659.
IN WITNESS WHEREOF, I hereunto set my hand and
impress the official seal of the City of Miami, Florida4
this 24th day of October, 1978.
RALPH G. ONGIE
CITY CLERK
MIAMI, FLORIDA