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HomeMy WebLinkAboutCorporate ResolutionCORPORATE RESOLUTION Of '11IIJNDIR l)i:MOL.i'1'1ON. INC'. A FloridaCirrporalion 1;1- [1 VI,l) by ih Board of IWeetors itiiNL)L.R I)1-MOl_I'IUN, lac, assembled on thin the 20'' l)ap of January 2007 at Miami. Dade t'ounty, Florida, Ihar: I •Fhat The Hoard of Directors has approved the purchase / assumption of the City of Miami Commercial Solid Waste Franchise Agreement between the City of Miami and 'TNS Limited, Inc. 2, That RONNY HERRERA is hereby authorized to sign any and all documents necessary to accomplish the purchase / assumption of the Caty of Miami Commercial Solid Waste Franchise Agreement between the City ol'Miami a.nd •1"NS Limited, Inc. DA l 11) "MIS the 26'1' Da), of'January, 2007 at Miami, Florida. Ronnyt13t,rrera. Chairman of the Board I;SCR(.)W A(.iR1::hMf:,N.1 This escrow agreement by and between Thunder Demolition, Inc., a Florida Corporation, hereinafter referred to as purchaser and James R. Eddy, P.A., hereinafter referred to as escrow agent. For and in consideration of, the mutual covenants contained herein agree as follows: ,lames R. Eddy, P.A. hereby agrees • to act as escrow agent regarding the deposit placed by Thunder Demolition, Inc. under that certain Letter of Intent dated January 5, 2007 wherein TNS Limited, Inc. is the Seller and Thunder Demolition, Inc. is the Purchaser. 2. Escrow agent agrees to open a -money market interest bearing trust account for the benefit of Thunder Demolition,. Inc. and deposit the twenty thousand dollar ($20,000.00) deposit under said Letter of Intent, therein. 3. That escrow agent shall deliver a certified check for said deposit to the closing agent handling the closing payable to the Seller for distribution according to said contract. provided all of the provisions of said contract are met by purchaser. 4. It is understood and agreed that in accepting this escrow, the escrow agent acts only as a depository and is not a party to or bound by the purchase and sale agreement except as specified herein. Dated this the 23rd Day of January 2007 at Fort Lauderdale, Florida. Buyer: Thunder Demolition, Inc. By: Ronny Herre ', President Escrow Agent: Law Offices of Jaynes R. Eddy, P.A. By. Ja7eR. Eddy, Esquire