HomeMy WebLinkAboutCOMM - Meeting Minutes - 4 - 1-14-1964 - COMMISSIONERMINUTE BOOK
BOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA
MICHAEL R. FLYNN, JOHN P. SEVEC, JOHN MAZZA, COMMISSIONERS
Michael R. Flynn / s /
John P. Bevec /s/
Roll call vote taken:
Mr. Bevec - Yes; Mr. Mazza - Yes; Mr. Flynn - Yes.
Motion carried unanimously.
Motion by Mr. Bevec, seconded by Mr. Mazza, that the meeting be
adjourned until the next regular scheduled meeting (Thursday, January 16th at 10:00 a.m.).
Roll call vote taken:
Mr. Bevec - Yes; Mr. Mazza - Yes; Mr. Flynn - Yes.
Motion carried unanimously.
THE FOREGOING MINUTE READ AND APPROVED:
January 16 1964
ATTEST: �
CHIEF CLERK
I
I NO, 4
Office of the County Commissioners
Washington, Pa., January 14, 1964
Board
of
County Commissioners met
in special session at 2:00 p.m., each
member being notified
of
this meeting, the following
members were present: Commission= s
Flynn, Bevec and Mazza. Also present being Controller Elish and Chief Clerk Debreczeni�
Jr.
i
Motion by Mr. Bevec, seconded by Mr. Mazza, that the following
resolutions giving the County Commissioners the right to borrow One million three hundrer
i
fifty thousand ($1, 350, 000. 00) Dollars over the year and up to August 1, 1964, be adopted:
I
RESOLUTION
i RESOLVED, THAT, the funds of the County being exhausted, the County
borrow
from Pittsburgh National Bank, at any time
and from
time to
time prior to
August
1
1, 1964,
an amount or amounts not exceeding in the
aggregate
Three
Hundred Fifty
Thousand
($350, 000. 00) Dollars in anticipation of taxes to be collected for the current fiscal year,
the loan(s) to be evidenced by the certificate(s) of indebtedness of the County in form
acceptable to the bank, payable on or before December 31, 1964, with interest from the
date(s) thereof at a rate of two and one-fourth per centum (2 1/4%) per annum payable at
quarter -annual intervals, said loans and interest to be repaid from -the first monies available
from taxes in anticipation of which such temporary loans and interest were made, which
taxes are hereby appropriated for that purpose, an0l,that the Budget of the County for the
current fiscal year and the taxes levied shall include and be sufficient to repay said loan(s I
and that any two (2) of the Commissioners be and they hereby are authorized to execute
and deliver in the name of the County Commissioners and the County the certificates of
61
MINUTE BOOK
BOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA
MICHAEL R. FLYNN, JOHN P. BEVEC, JOHN MAZZA, COMMISSIONERS
indebtedness which shall constitute the general obligation(s) of the County, and that the
Chief Clerk of the County Commissioners be and he hereby is, authorized and directed to attest
such certificate(s) of indebtedness and affix the County seal thereto, and further that the
execution and delivery of a certificate of indebtedness so executed and attested shall be
sufficient evidence of the necessity for the borrowing thereby represented at the time therE of.
RESOLUTION
RESOLVED, That, the funds of the County being eausted, the County
borrow from the Mellon National Bank and Trust Company, at any time and from time to
time prior to August 1, 1964, an amount or amounts not exceeding in the aggregate of One
Million ($1, 000, 000. 00) Dollars in anticipation of taxes to be collected for the current fiscal
year, the loan(s) to be evidenced by the certificate(s) of indebtedness of the County in form
acceptable to the bank, payable on or before December 31, 1964, with interest from the
date(s) thereof at the rate of two and one-fourth per centum (2 1/4%) per annum, payable
at quarter -annual intervals, said loans and interest to be repaid from the first monies
available from taxes in anticipation of which such temporary loans and interest were made;
which taxes are hereby appropriated for that purpose, and that the Budget of the County
for the current fiscal year and the taxes levied shall include and be sufficient to repay
said loan(s) and that any two (2) of the Commissioners be and they hereby are authorized
to execute and deliver in the name of the County Commissioners and the County the
certificate(s) of indebtedness which shall constitute the general obligation(s) of the County,
and that the Chief Clerk of the County Commissioners be, and he hereby is, authorized and
directed to attest such certificate(s) of indebtedness and affix the County seal thereto, and
further that the execution and delivery of a certificate of indebtedness so executed and
attested shall be sufficient evidence of the necessity for the borrowing thereby represented
at the time thereof.
adjourned.
Roll call vote taken:
Mr. Mazza - Yes; Mr. Bevec - Yes; Mr. Flynn - Yes.
Motion carried unanimously.
Motion by Mr. Bevec, seconded by Mr. Mazza, that the meeting be
Roll call vote taken:
Mr. Mazza - Yes; Mr. Bevec - Yes; Mr. Flynn - Yes.
Motion carried unanimously.
THE FOREGOING MINUTE READ AND APPROVED:
January 16 1964
ATTEST:
CHIEF CLER /Y