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•
<br /> ' . prescribed.,by' law,; the el,200,,000`lSchool Building_ ,aBonds and 6167,000
<br /> •County' Building• Bonds of the 'County.of;,Lee, dated:'December.:i, '1955,•
<br /> - • ' • authorized by four :bend ,orders adopted 'by. the Board ?of.Camrlssionors
<br /> .on .Augus ':1, 19r) 'and one, bend' order:adopted by,'.the°'Board .cif.-eCommiss
<br /> • -
<br /> loners . on Nov• ember;7, '1955,'. anc9 that,tao .contract,'of salo. '.contemplates • `_
<br /> :that -sairi4bonds .shall-,bear interest' as' hereinafter provided?, RO•Wy RE
<br /> Ala. r a'.T • •..c.
<br /> BE. IT RESOLVED-,that_'said- bonds:-shall-:bear'•interest•.,'as. follows:'
<br /> (1) The 'bends payable• i.n 'the;�y,ears 1957 to' 1966,'-inclusive 9 , 6% per ; _
<br /> • annum,' (2) the bonds ,payable' iri,the years: 1967 -te 1976, .inclusive;' '
<br /> •
<br /> 2 3/14:.per..annum; .(3) the' bonds. payable in the.-,years
<br /> inclusive,,.6;%;per annum, ( +) ;:the`-bonds payable' ii •the years •1975Nand
<br /> '1 6 ' 2' er: annusn
<br /> 97 y 3!�••� .p ; -(5) the;bonds •pay'able..in ftkie •years.,1977.•.to ''
<br /> ...1982, .'iticlusives3i�...per annum., and (Fi)'NtYze .bondv,.pdyable' an 'the years 4 .
<br /> 1983 t6-1985', inclusive / perannum
<br /> e 1 oi`.'1% �.
<br /> -: • . 'Commissioner 'Kelly seconded the•motion, and 'the gotten was ,
<br /> 'adopted -by. 'tile 'folleWing`'vote - . . - •
<br /> Ayes COmthissioner's' Cheshire, Kelly,`Wnstead!, 'i5easi er. and• ' .}t
<br /> - ,.. delft
<br /> Plays : Bone ;fit
<br /> a.:;.. • .Commissioner- Kelly. presented uritt'en offer• of-Central .Bank ; •
<br /> and •Trust:•Company. Sto spay interest _on, deposit of bond proceeds not.3 •
<br /> • ' .needed".for•"ninty -,(90) days ,or`'longer.u-It, appearing that .a 'committee '
<br /> • •...had heretofore-been appointed and authorized to 'investsueh,bond 'pro-
<br /> Yceeds :as;taould. not;be needed far :inch'.per3od :or. 'longer,, the: offer was
<br /> referred:by: the Chairman _to- the; Committee: already:appointed- 'for decis
<br /> • - 1, ion arid''action. • Y - - _• .
<br /> CLERK WILL:hIERE COP: :
<br /> -List of:: Jurors drat4in for tern of- Superior- Court'
<br /> beginning .ron :thine .18, '1956;; and
<br /> 2. List- of. Jurors drawn•for,.term' of Superior Court "
<br /> - - beg&nni:ng on JuneI'25, 1956`0:^ .5+ ,
<br />
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