1933-88RESOLUTION NO. 88
Approving the proposed certificate of indebted-
ness of the City to Florida Power & Light Com-
pany in the amount of $3600,00 covering the
balance due for electric power and energy and services
furnished to the City by the said Company from Decem-
ber 1, 1931 to May 31, 1933; authorizing and directing
the Mayor and the City Clerk of and on behalf of the
City to exe mute and deliver the said certificate of
indebtedness to Florida Power & Light Company.
BE IT RESOLVED BY THE MAYOR AND THE CITY CLERK OF THE CITY OF
SOUTH MIAMI, FLORIDA:
1. That the Certificate of Indebtedness of the-City to Florida Power
& might Company set forth in Section 2 hereof be and the same is hereby
approved as to form and substance.
2. That the Mayor and the City Clerk of and on behalf of the City
are hereby authorized and directed to execute and deliver to Florida Power
& Light Company the Certificate of Indebtedness approved in Section 1
hereof and hereafter set forth in from as follows:
Certificate of Indebtedness
This is to certify that the City of South Miami, Florida, is
indebted to Florida Power & Light-Company in the sum of Three thousand
six hundred dollars ($3,600.00 for the balance due for electric power
and energy and services furnished to the said municipality by Florida
Power & Light Company from Debember 1, 1931 to May 31, 1933, inclusive,
including electric energy and services furnished to the said municipality
by Florida Power & Light Company under the Agreement (including Supple-
mentary Agreements thereto, if any) pertaining to street lighting dated
Jan. 7, 1930, and now in effect between the said municipality and Florida
Power & Light Company.
And this is further to certify that the said municipalit will pa
the said indebtedness of Three thousand six hundred dollars ($3,600.00T
to Florida Power & Light Company on or before the 10th day of December,
1933, together with interest thereon at the rate of six per cent (6 %)
per annum from June 10, 1933,, until fully paid.
In Eonsideration of forbearance by Florida Power & Light Company,
from date until maturity of this Certificate, from enforcing collection
of the said indebtedness, the municipality specifically waives its
privileges under any statute of limitations in connection with said
indebtedness and agrees that the acceptance of this Certificate by Fla.
Power & Light Company shall not affect any right of said Company to
discontinue electric service for non - payment of this or other indebted4d-
ness of said municipality.
In witness whereof the said municipality has caused this instrument
to be executed by its duly authorized officers and its corporate seal
to be hereunto affixed this - -- day of June, 1933.
Passed and adopted this 6th day of June, 1933.
President of City Council
ATTEST:
City Clerk