Resolution 83-495RESJLUITON Imo, 495
A RESOLlllION OF Tk@ CITY OP IDNQSOD, FLORIDA,
APPROVTIG Tk6 F0R191E(i STOGY OF A PPOPOSAL kUR
A MfEJICIPAL &AJD PI THE .4TDUNT OF $1,100,000.00
su FimD Pmuecrs of T~ cans rave Ye~x cAPluc
L~@ROVP4NP PROGRAM
IJhdEfAS, the Ciry Cmmi.ssion of tl~e CLry of Ian€raod,
ttas met in crorksession m considex a proposed Five Year Capital
L~rov®en[s Program. and
IJf¢RE9S, finding fox the required projeccs in the Caoical
I>~t eea~t msy be accmplished at reaswuble rates through the
financing of a wmicipal bond.
N3,J, THEREL'URE, BE IT RESOLliED BY T14: CITY OFRIISBION OF Tlg
CITY OF IpNGI,OCD, THAT:
1. lttat the City Adrtdniserator ehwld conetnve his studies
and research on the feasibility of issuing a imnicipal bond to find
required inProvmnnes o£ ehe Capital I~rwarents Program.
2. Ttut the Ciry Adninistracor shall keep the City Commission
informed on the staNS of these studies.
PASSED MID ADCPf'ED THIS Gtt 114Y OF J[A1G, A.D. 198J.
eiay city o `~TTTd-
ATTESf:
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