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RESOLUTION NO. 1444
A R SOLt1TTON AUTIEoRtzThG TREIAMENT: .
OP PORTTiPIVE THOUSAND DOLLARS TO THE
MIAMI TRACTION COMPANY.
.EA3, under and by virtue of an ordinanoe heretofore
adopted and of a contract to be executed in pursuance thereof be-
tween the City of Miami and the Miami Traction Company, the said
City was, among other things, to pay to the said Miami Traction Como. =~
pany the sum of forty-five thousand dollars 445,000.00) either -in
cash or in valid obligations of said City, and
WHEREAS, the bonds issued for the purpose of the purchase
of the said Railway from said Miami Traction Company by the City -Of
Miami have been sold and there is due by the said City to said Miami
Traction Company the said sum of forty-five thousand dollars 445000),
now, therefore,
BE IT RESOLVED by the Commission of the City of Miami that
the Director of Finance be and he is hereby authorized to pay to said
Miami Traction Company said sum of forty-five thousand ($45,000) upon
the execution of the contract between the City of Miami and the Miami
Traction Company to be approved by the City Attorney.
PASSED AND ADOPTED this 7th day •f February, A. D. 1922.
ATTEST:
ITY CLE.R:
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MAYOR