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06-29-60ARESOLUTION WHEREAS, the CITY OF BOYNTON BEACH, FLORIDA, has heretofore approved and adopted a plan to make certain im- provements and extensions to its existing municipal water system and WHEREAS, said City has heretofore retained the services of F. S. SMITHERS & CO. of New York City, New York, to act as its fiscal agent in connection with said undertaking; and WHEREAS, said fiscal agent has submitted to the City a preliminary outline reflecting the City's Financial capa- bilities to commence said water improvement program, and WHEREAS, the City's Engineers, RUSSELL & AXON, have approved the contents of said outline; and WHEREAS said proposed water improvement program is for the best interests, health and welfare of the community, NOW THEREFORE BE IT RESOLVED by the City Council of the CITY OF BoYNTON BEACH, FLORIDA, as follows: That the City,through its City Manager, direct its fiscal agent, F. S. SMITHERS & CO., to proceed with the de- tails of preparing the financial bond statement to be issued in connection with this undertaking and to present said statement to the City Council for final approval and adoption of same as official. PASSED AND ADOPTED this ~¢) day of June, A.D.196 (CORPORATE SEAL) city c~%~k ' ' CITY OF BOYNTON BEACH, FLORID~ By ~. -~.~ .... . V ~, .. ~ayor /? '"J/ w ,- ~ /' , .,' Co~cilman '