Resolution 231REBGLDTIGN N a 3,
A RESOLUTION AMENDING 5 TION 15 A (]) OF
RESOLUTION N0. 213 ENTITLED: "A RESOLUTION
ING FOR THF. CONSTRUCTION A AC4UIBI-
TION OF IMPROVEMENTS TO THE WA RSYSTFM
Axn A w SEWAGE coLLeca2oN srsmFVn I ,
GWOOD; COMBINING SAIn 5
SYSTEMFANDN'PFIE £ ING W M OF
SAID C O ONESCOMBINEDEA YCONSOLI-
SYSTEM? AUTFIOAIZING THENRETI REMENT
OFTAN OUTSTANDING N PAYABLE FROM S
WATER SYSTEM; AUTHORIZING T[E ISSUANCEIOF
NOT E EEDING S2,J25, 000 UTILITIES RE
ERTIF ICATEE, 5 S 1973 T PAY T
£FOR THE RIGHTS O
HOLDERS ~OF~UCD CERTIFICATES; p
FOR THE PAYMENT THEREOF, AND MAKING CER-
N OTHER COVENANTS AND AGREEMENTS I
CONNECTION WITH THE ISSUANCE OF SUCFI CER-
TIFICATES." F[LRETOFORE AUOYTED.
N L: Bec taon 15 B (7) of Resolution No. 213,
the title of which is set forth in the title above, heretofore
adopted on the 14th day of June, 19J3, be and the same rs hereby
amended to read as follows:
"SECTION 15 B (J). The Operation and Maintenance
Fund, the Sinkinq Fund, the Aeser ve Account, the Renewal and Re-
placement Fund, the Ae venue Fund, and any other special funds
herein established and created shall constitute trust funds for
the purposes provided herein for such funds. All such funds
shall be continuously secured in the manner by which the deposit
of public funds are authorized to be secured by the Laws of the
the Reserve Account therein) may be invested and rernves tod only
rn direct obligations of the Dni ted States of Amerr ca or placed
rn trme p its >n banks or trust companies r p sented by
certiticates of deposit and continuously secured as provided by
the Laws of the State of Florida maturing not later than ten (1C
r
days o or to the date on which the moneys therein will be
needed. Moneys in the Reserve Account vn the Sinking Fund and
the Renewal and Replacement Fund may be invested and reinvested
vn direct obligations o£ the Onated states of Amerrca or
provided, matvri ng not Sater than five (s) years from the Gate
of pssrchase or must otherwise be mavntavned in cash. Any and
all income recev ved Cy the issuer from such investments shall
SECTSON 2 Thrs Resolution shall take effect
rmmedia to ly.
PASSE- AND ACOFTF,D this 13th day of september, A.D.
19'13.
TTES T:
° ~ co/c
f C y }~ it o£
the City of Longwood, filori da
R f th f gwood,
Florida
i, ONN SE R. SHOM4TE, as City CLe rk of the City of
gwooa, Florida, do hereby certify that x did on the
day of September, A. D. 197J, post three (3) true and correct
copies o£ the foregoing Resolotion No. a3, at three (3(
public places in the City of Longwood, Florida, namely:
Longwood City Hall
Longwooa cost office
Longwood xrre Department
oNf'1D~oMATE, C~ C1e rk of
[he City of Longwood Florida