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62-PPRESOLUTION NO. 62- PP RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING SALE OF $20, 000.00 MUNICIPAL SWIMMING POOL BONDS, SERIES E, DATED SEPTEMBER 1, 1960. WHEREAS, the CITY OF BOYNTON BEACH, FLORIDA, has heretofore authorized the issuance of $120, 000.00 in general obligation bonds of said City for the purpose of financing the cost of construction of a municipal swimming pool, and for other purposes necessary or appurten- ant thereto; and WHEREAS, said bonds have heretofore been validated by the Circuit Court of the Fifteenth Judicial Circuit in and for Palm Beach County, Florida, by decree dated April 12, 1961; and WHEREAS, the City has heretofore sold $100, 000.00 worth of subject bonds to F. S. SMITHERS & CO.; and WHEREAS, after final tabulation of the cost of construction and other necessary expenses connected with subject project, it is apparent that said costs exceeded the $100, 000. 00 figure realized from the prior sale of subject bonds and that it will now be necessary to sell the additional $20, 000.00 of said total authorized issue to reimburse general funds of the City expended in connection with this project; and WHEREAS, in connection with the sale of subject bonds it is deemed to the best interest of the City that same be sold on a competitive bid basis and in connection therewith that notice of said sale and competitive bidding be advertised; NOW, THEREFORE, be it resolved by the City Council of the CITY OF BOYNTON BEACH, FLORIDA. A. D. 1962. 1. That J. B. HENDERSON, City Administrator, is hereby instructed to publish notice of the sale of the above referred to bonds in the Boynton Beach News once a week for two conseculive weeks prior to the date fixed for the receipt of bids. The final date and time for the submission of bids for said sale is hereby set for ~.'o o o'clock ~. M. (E.S.T.) on the l~a~-~ day of ::F0~_x/ , A.D. 1962. 2. The City Administrator is further authorized to arrange for the printing of the tweniy additional bonds which are lhe subjecl of the above sale. PASSED and ADOPTED this ~--~ day of :~J~c/l_x/ (CORPORA TE SEAL) City Clerk CITY OF BOYNTON B_EACH, FLORIDA ,- : : ~ce Mayor - i~ ~ Councilman ,/Y~ t~, /," / /"' (.: ~... : ," . . ;,.:'  ,/,' ,,, _. . . ~,, .._ ~ncilman -2-