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75-OORESOLUTION NO. 75-~ A RESOLUTION AUTHORIZING THE SUBMISSION OF A FORMAL APPLICATION TO MUNICTPAL BOND INSURANCE ASSOCIATION FOR INSURANCE POLICY FOR WATER AND SEWER REVENUE BONDS, SERIES 1975A AND AUTHORIZ- ING THE PRINTING OF A, STATEMENT OF INSURANCE ON SAID BONDS. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA: SECTION 1. The Mayor, City Mana~er.~ City Clerk and City Attorney be and they are hereby authorized to submit a formal application to the Municipal Bond Insurance Association for. an insurance policy on the $2,600,000 Water and Sewer Revenue Bonds, Series 1975A, dated February 1, 1975, being issued by 'the City. SECTION 2. The City hereby consents to the affixing of an appropriate statement of. insurance on the Bonds referred to in Section 1 hereof. SECTION 3. This resolution shall take effect immediately. PASSED AND ADOPTED this ~ day of June, 1975. CITY OF BOYNTON BEACH, FLORIDA Counci~'-M~er ATTEST City Cie