HomeMy Public PortalAboutRES 83/02RESOLUTION NO. 83- 2
A RESOLUTION OF THE TOWN OF GULF STREAM, FLORIDA TO BORROW
MONEY FROM THE SUN FIRST NATIONAL BANK OF PALM BEACH COUNTY.
BE IT HEREBY RESOLVED BY THE TOWN COMMISSION OF THE TOWN OF
GULF STREAM, PALM BEACH COUNTY FLORIDA , AS FOLLOWS:
The Mayor and or Town Manager is hereby authorized to
borrow, on behalf of the Town, the sum of $265,000.00, Two
Hundred Sixty -five Thousand dollars to be used for the
purchase of the property adjacent to the Town Hall, known
as the Phipps property.
The Mayor and or Town Manager is further authorized to sign
the necessary papers and promissory notes for the Town of
Gulf Stream.
PASSED AND ADOPTED THIS DAY OF MAY, 1983.
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