02/04/52-1R~;SOLUTION
AUTtlORIZING ~[IiE ]~URCHASE CF $50,700 CITY C? BCYNTON
BEACt! R~]FU~DING 2%- &~[~ RE~NDING BONDS, DATED
0CTCBER t, 1946, AND DUE OCTOBER 1, 1971.
I'itiEtlEAS, the City of boynton Beach has built up
a surplus of funds designated solely for the payment of bond
interest and reduction of City bonded indebtedness, and
"J~MREAS, legal notice of bids to reduce such in-
debtedness was published in two editions of each of The Palm
Beach .Post, ~diami ~erald, and St. ?etersburg Times, during the
month of January 1952, and
~E~EAS, Thomas ~.Cook & Co. wes the lowest and only
bid submitted, now therefore
D~ IT P~IJCL~.~D that we the City Councilmen of the
City cf Boynton beach, i,'lorida, do hereby ~ccep~ the bid to
p~rc~se fro,,a Thomas >~. Cock & Co. q~50,700 City of Doynton
Beach, Florida, i~efunding 2~ - ~ bonds dated October l, 19~6,
at 77i and interest.
Pi~OSED Ai4O A~:~f.ED this 4th day of Februt.~ry,
A.D. 1952 at regular ~eeting.