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Fort Walton Beach Resolution — 77-27-CM as Official for Grants — reading text

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© O RESOLUTION NO. 7 7-2 7 A RESOLUTION DESIGNATING THE CITY MANAGER AS THE PRINCIPAL OFFICIAL OF THE CITY OF FORT WALTON BEACH, FLORIDA, FOR THE PURPOSE OF ACCEPTING THE OFFERS OF GRANT, LOCAL PUBLIC WORKS CAPITAL DEVELOPMENT AND INVESTMENT ACT OF 1976, DESIGNATING THE FIRST NATIONAL BANK OF OKALOOSA COUNTY TO RECEIVE AND DISBURSE FUNDS FOR EDA CONSTRUCTION PROJECTS, PROVIDING THE EFFECTIVE DATE HEREOF. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA: SECTION I. That the City Manager is designated as the "Principal Official" for the purpose of accepting "Offers of Grant" under the provisions of the Local Public Works Capital Development and Investment Act of 1976, as amended by the Public Works Employment Act of 1977, and processing all documents in connection with these grants. SECTION II. That the First National Bank of Okaloosa County is designated as the depositary for all funds received and disbursed under the provisions of these offers of grant and act. The account to be known as the City of Fort Walton Beach EDA Construction Fund. SECTION III. That this resolution being of an administrative nature shall take full force and effect immediately upon its passage and approval by the Mayor. AUGUST 29, 1977 ADOPTED MAYOR AL Lil. 7 PRO TEM? , ATTEST: ity Clerk Reviewed and approved by the City Attorney which will be legal when enacted by the City Council of the City of Fort Walton Beach, Florida. WALTER J. SMITH City Attorney

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