HomeMy WebLinkAbout673-13 Sale of Prudential Stock I•
RESOLUTION NO. 673-13
A RESOLUTION BY THE CITY OF ZEPHYRHILLS, FLORIDA,
AUTHORIZING THE SALE OF 122 SHARES OF PRUDENTIAL STOCK
CERTIFICATES; AUTHORIZING SALE OF STOCK; AND PROVIDING
AN EFFECTIVE DATE.
WHEREAS,the City Council wishes to divest itself of certain common stock owned by
the City; and
WHEREAS, the City Council determines that it is in the best interest of the City to sell
the asset.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ZEPHYRHILLS,FLORIDA:
SECTION 1. The following described property is hereby declared surplus and the sale is
authorized:
a. 122 common share of Prudential Financial, Inc., valued as of the close of market on
October 11, 2013 at$9,744.14.
SECTION 2. The City Council President is authorized to execute all necessary forms and or
documentation to effectuate the sale the asset listed in Section 1.
SECTION 3. This Resolution shall become effective when passed by the City Council an
signed by the Mayor.
APPROVED AND RESOLVED this 25th day of November 2013.
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Attu::
Lin a D. Boars, City Clerk Lance mi ounce si ent
Daniel W. Burgess, Jr.,Mayor
Approved as to legal form and legal content
for the sole reliance for the ty of Zephyrhills
J ph A. Poblick, City Attorney
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