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HomeMy WebLinkAboutCity of Tamarac Resolution R-66-002• 0 RESOLUTION 66-2 WHEREAS it is the determination of the governing board of the City of Tamarac, Florida, that the acquisition of recreation, parking, water, sewer and other facilities (hereinafter called • the "Facilities") in or near the City will bring immediate and long range advantages to the people in the area; and WHEREAS some interested citizens of the area propose to organize a non-profit corporation which it is anticipated will be known as TAMARAC ENTERPRISES, INC. (hereinafter called "Corporation"), for the purpose of acquiring the Facilities; and WHEREAS this governing board has before it at this meeting a copy of the form of bonds (hereinafter called "Bonds") which said Corporation when created proposes to issue in order to finance the acquisition of the Facilities and this governing board has reviewed such form of Bonds and finds nothing therein objection- able to the City; NOW, THEREFORE, BE IT RESOLVED by the City that the formation of the non-profit corporation contemplated as above set forth is hereby found to be beneficial for the reasons above set forth; that the aforesaid form of Bonds to be issued by said Corporation contains nothing objectionable to said City; and that the City intends, if and to the extent and permitted by law, to accept a gift of the Facilities at the time the Corporation tenders it to the City. Adopted and approved this day of , 1966. Mayor •