82-GGRESOLUTION NO. 82 -
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF BOYNTON BEACH, FLORIDA, APPROVING
AND AUTHORIZING THE DEPARTMENT OF BANKING
AND FINANCE OF THE STATE OF FLORIDA IN
ACCORDANCE WITH SECTION 17.075, FLORIDA
STATUTES AND THE FLORIDA DEPARTMENT OF
REVENUE IN ACCORDANCE WITH RULE 12-10.09
(F.A.C.) TO DESIGNATE A BANK TO RECEIVE
THE REVENUE SHARING STATE WARRANT; AUTHOR-
IZING THE BANK SO DESIGNATED TO WIRE TRANSFER
SAID REVENUE SHARING FUNDS TO A BANK DESIG-
NATED BY THE CITY OF BOYNTON BEACH TO RECEIVE
SUCH FUNDS; AND FURTHER TO AUTHORIZE THE
BANK DESIGNATED BY THE DEPARTMENT OF BANKING
AND FINANCE OF THE ST%TE OF FLORIDA AND THE
FLORIDA DEPARTMENT OF REVENUE TO DEDUCT THE
COST OF THE WIRE TRANSFER FROM THE AMOUNT
RECEIVED FOR TRANSFER.
WHEREAS, the Florida Department of Revenue has adopted
Chapter 12-10.09 Wire Deposit of Revenue Sharing Funds in the
Rules of Department of Revenue, State of Florida, and
WHEREAS, it is in the best interest of the City of
Boynton Beach, Florida, to receive the revenue sharing funds by
wire transfer.
NOW, THEREFORE, BE AND IT IS HEREBY RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA:
Section 1. That, in accordance with Section 17.075,
Florida Statute, and Rule 12-10,-09, (F.A.C.) the Department of
Banking and Finance of the State of Florida and the Florida
Department of Revenue, in coordination, are authorized to desig-
nate a bank to receive the revenue sharing State warrant.
Section 2. That the bank so designated is authorized
to wire transfer said revenue sharing funds to a bank designated
by the City of Boynton Beach to receive such funds.
Section 3. That the bank designated by the Department
of Banking and Finance of the State of Florida and the Florida
Department of Revenue is authorized to deduct the cost of the
wire transfer from the amount received for transfer.
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Section 4. That this Resolution shall take effect,
immediately upon its adoption.
PASSED AMD ADOPTED this ~ ~ day of April, 1982.
CITY OF BOYNTON BEACH, FLORIDA
Vice Mayor
~~M~mb~r-
ATTEST:
City Clerk ~'
(Corporate Seal)
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