07-05-1977 Special Called MeetingSPECIAL CALLED MEETING OF
MAYOR AND COUNCIL OF CITY OF SMYRNA
A special meeting of Mayor and Council of the City of Smyrna
having been called for 8:30 P. M., July 5, 1977 at City Hall
at the City of Smyrna for the purpose of discussion and approval
to borrow not more than $200,000, to be deposited in the General
Fund:
And notice of time, place and purpose of said meeting having been
�- waived by Mayor and each councilman:
Motion having been duly made and seconded, the following resolution
was unanimously passed:
"Be it resolved that the Mayor is hereby authorized to borrow a sum
not to exceed $200,000 at the lowest interest rate then available
for a period not to exceed 120 days, and in no event to be repayable
after December 30, 1977.
And further, be it resolved that said sums shall be deposited in
the General fund of the City, to be repaid from and upon receipt
of 1977 ad valorem taxes."
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