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1929-09-17 MINUTES CITY COUNCIL MTG� >l e Sept. 17, 1929. Minutes of, the regular meeting of the City Council of ,lam South Miami, Fla., held Tuesday, evening September 17, 1929. w President Myers called the meeting to order. Councilmen, Core and Manship were absent. The minutes of the council meeting of September 3rd, 19:9, were read an'd approved. ✓ a, Councilmen Ross and Smith made and seconded a motion which was unanimously carried by poll that the bills as read be paid when okayed by finance committeeman. Councilmen Bryant and Shelley made and seconded a motion that Resolution #46 be adopted and a unanimous vote was polled in favor of same. Resolution #46 is as follows R.90LUTION #46 WFIEREAS it has become necessary to negotiate a loan for and on behalf of the City of South Miami; ,'iI REAS the Coconut Grove Bans & Trust Co. is wilding' and has agreed to make such loan; Nas THznFORL` BE IT RLSOZVED by the Mayor and Counsel; of the City of South Niami, Florida that the Clerk be and he is hereby authorized to negotiate for a loan of ONE THOUSAND DOLLARS ($1000.00) with the Uoconut Grove Bank & Trust Co.; BE IT FiJR� THER RESOLVED thattthe rlayor and Clerk of said City of 3 .)uth Miami be and they are hereby authorized to make, execute and deliver a promissory note for ONE THOUSAND DOLTURS ($)1000.00) payable to the Coconut Grove Bank & Trust Co, and due oh or before 90 days from date of said note, said note to bear interest at the rate of eight ,percent (6�6) per annum. -Passed and adopted this 17Th day of September, A. D 1929. (Sgd) John 1° ers �� Pre2. or ounc,i ATTLST: S. W. Airey Cleric Councilmen Ross and Smith made and seconded a motion wiiich was unanimously carried by poll that a 101p discount be allowed in Vov- ember and a 5N discount in December on all general real estate taxes for the year 1.29 paid in these periods. The meeting was there adjourned in the regular form. Apdro ed: Antes s 4 A , Pres. of UOU41011 G. V 4e�