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HomeMy WebLinkAbout10-14-1925 SS '1; '\ ! e ..... --r--' , .~ , ,,, , . ,y , , r ;, ,-, ~, ' l:rUT~S OF },:JETmG ,. . ,~ " .. :'l:'~. , ';.' " ''-, ~: D ~ 'J Cit;y of j j;;~ / Ocoee, Florid,n, vIas held !:leeting of the Cit~r C01.U1cil of the onJtt~t{h1 / Lf-tf; day of October, , .1. 1925 convening at the -..... o'clock P. J.:. Present:(:otUlcilmen ... .. ",' ~ ~ . " .. Absent: ..... " ~ . .A resolution entitled "Resolution providing for the ~ssu....9.nce of ~ Improvement Bonds of the City of Oooee, orange County, Florida in the smount of $.24,000" was introduced by Cotulcilnum fi~. ~ () , 0 - :'oved by Councilm.-m 7~ that said Resolution be adopted by the Conncil, seconded by COtUlcilman 8f1-1J~..=.",~_. upon roll call the followine Cotulcilmen votecl Aye: \ \ ~- .. ~~~> 0L- F~-' g~~ 1. ., " Nays - - - - - - - - None Thereupon the resolution uas declared illlanimotwly adopted. , There being no further business, upon motion the meeting \lias . ~jIt' ",~,-..;"~,~~,, " /'") - .-..-:;~: "" ~'~~"''''!'I , 5'f:.' :' " .. .:: ,-.... :- City 01 erk3 J. .= j'-:;-- '$=' '" .. /': . ~ .~":':. 2,[f'<> . ~ . '~'" '...,.r: '~"'C' . ,~ ' ~.. G-4"'F .', ~ ~ -' . .... ...",. }\ oJ 1........ ~ '" adj o...u-nec.l. 1tc ;.,r ~ 1<. . . ~ - - - .. ~l .- i:' .. I:. . ~ ' .~:- .. a . .. \ '~"<:,,'" . 's. . ~- ~...' l;~: . "-----"*-"-- -~L'"t~~ ,,'\. ~:.~ -. .,_L, '.,.' it' M , It · J , , I . \ . ,: , , , , J . " .' : ~ . OOUNTY CF ORANGI . s sa STAtE OJ FLORIDA. . .. I, R. o. lUg.low, otv Olerk of the Oity of 00.., State of Flori.,. do hereb,. o.ri~~ 1Imt that o1'd1nar1ce 1Delng 131. \ adopte4 Sep,iser .12l1h, 1925 'b;r lIbe 01tyOo~U, .. apprGlyed b1' J.. .. ,Olark., MIt.1Or of Aiel 01'1', eh ..he 12th __ of September. A. D. lQa5. '. , n &'/ IN WITBISS 'fBERllX)F I haTe hereunto .e1l 'l'fl3' hand and 8ttl01&1 ....1 this _ / LJ /IJ d&7 of 001lober, A.. D. 1925. ~ otty 01erk ~.....~, -~ ,. .........~.-,...- - ;. -.. - - 2~"-". - , --,,,, ...... __. :~^A~ ~ .;;'.._...... .J''''-'''_ .... '" =- ....- ~ :r_-z ~ - 'J' ;:;:-,-.-~ ...<;- - ~ ~:. hr /i'~'- J,.... /1 ...; ~. . - II "7' -'. -' A '. ~.... ,....... . ~ /( or ...... ~, h'~ . . . , .......... \ ..4 ( .. . . i ~' I .~ , e · , . " JIIlroTES OF MBEDlG - A .peol&l meetIng of the 01ty Oouncil, of the C1ty of 000., Florida , "'111- ~ ' was held 'pvlUAnt to dua noUce and oall on the y / lp-d&7. ot ootober, 1926 conftllin8 at the hour of eight o'olook P. K. Present, 'Oounc11.ma. A~.~ ~.a. ~IJ $t;~~ etf- (7J~ / Ab.entl It.... 1IIIlV.4 by COlmCUman e f'.fl:~t b1c111 b. reoeiyed by the 01 ty Oounol1 tor the purcha.. of that blUe of Sl1ty Thoul&l1d Dollara ("0,000) PaTing Bonds on the /f ~dI1jf ot NaYembar, 1925 a" the ho~ ot 8 "olook p, and that notice ot IrWJh 8ale be g1Ten by posting ot a notloe of lIale in two pulallc place. in the Oity tor a I8riod ot not lea. than thirty ~ iDatmmDh all thare Is no nenp~er pu1911shed 111. thin the ...14 Clt;y of 000", !It>e lIIOU.n .... ....- by Ccun.cl~~pv.t to Tete and UJ'I.9.1'1~'lMualy carr1ed. j[oved ;;ounoUman t.!if(/~t .aid notloe of .ale be in the following toral " f .,. "I ~ r'" I;' ~., . . I , - -" '" ! ~ RESOLU'll ION A RESOLUTION PTIOVIDTITG FOR TIlE ISSUAliCE 'OF HIPRO'\!EI,:ENT EmmS Q}!' T:'rr:.; CITY OF OCOEE, OTIAI:TGE CO'U}:TY, FLORIDA IN TII3 Al:0UW.r OF ~~24,000. VlliEP~~S the City Council of the City of Ocoee, Florida, has pursuant to and in strict compliance with all laws applicable ~~d particularly Cha:pter 9298 of the General Laws of Florida, 1923, lawfully ordered the improvement of portions of },-nI:ey Street, !![agnolia street., Lafayette St., Lakevrood Ave. and Lake Shore Drive, being streets in said City, and provided that the total of the cost o l' said im}?l"ovemcnts be ing paid by special assessments upon all lots and lands adjoining and contiguous or bounding and abutting '\4.pon such improvement s, and. VlHE,REAS the estimated cost of said improvements i s ;~35, 566""44' and special assessments aggregating $.1'-F O;;LI, S7 \'lere equalized, approved and confirmed by this City Council on October 5th, 1925, and ~lmREAS special assessments for said improvements now stand equalized, approved, confirmed and unpaid in the aggregate amonnt of ~) .3.f 0 ~/, S.7 and the contract for said improvelrents has been finally let. NO~, TH3REFORE, BE IT RESOLVED by the City Cotmcil of the Ci~J o~ Ocoee, as follows: Section 1 - That there be and there are hereby ordered issued Improvement bonds of the City of Ocoee, Orange Connty, Florida in the aggregate amount of ~Z4,OOO to be of the denomination of ~l,OOO each, \" numbered from 1 to 24 inclusive, dated November 1, 1925, to bear inter- " est at the rate of 6% per annullJ., payable 1Iay 1st, 1926 and semi-annually thereafter on the first days of T!ay and November in eacr_ year, and shall mature in nunlerical order as follows: "\ " ~ . , , . . .."" '" . $2,000 November 1, 1926 2,000 November 1, 1927, 2,000 Novemberl , 1928 3,000 November 1, 1929 2,000 November 1, 1930 3,000 November 1, 1931 2,000 November 1, 1932 3,000 November 1, 1933 2,000 Novenlber 1', 1934 3,000 Nove~er 1, 193q Said bonds shall each be signed by the 1fuyor and Clerk, and sealed vdth the Corporate seal of said City. The interest on said bonds shell be evidenced by coupons to be attached to each bond, and maturing respectively on the several dates ,men such interest becomes due and such coupons shall be each executed by the fac simile signatures of se.id I;Iayor and Cleric, which said officers by the execution of said honds shall adopt as and for their o~n proper signatures their respective fac simile signatures as appear- inB on each of said coupons, both principal of and interest on said bonds shall be payable to bearer in la,~ul money of the united States of America at the Hanover National BalUC of the City of New York, New York. Section 2 - The.t said bonds and coupons shall be in substantially the following form: (FORM OF BOND) UNITED STATES OF AlfERICA STATE OF PLORIDA COUNTY OJ!' OR1\J:TGE CITY OF OC OEE , D.TI?RO VZ[,IENT BOND NO. $1,000 mm'.! ALL lIEN :BY THESE PRESENTS: That the City of Ocoee, in the County of orange and State of Florida, for value received, hereby promises to pay to b~~rer on , the S'\..IDl 0 f One Thousand. Dollars ;[~1,000) with interest thereon at the rate of six per cent (6%) per annum from the date hereof until paid, payable , and semi-annually thereafter on the .first d41.;)rs of and in each year, upon presentation and surrender of the attached coupons as they severally mature. Both principal hereof and interest hereon are hereby made payable ~ .. . ....... --1 ~. . , , . . tJ ,. ... in lawful money of the United States of America at the Hanover National Banlc 0 f the City of New york, Hew York. For the prompt payment of this bond, both pri!~ipal and interest at maturity, the full faith, credit and reso'I.J..rces of said city of Ocoee are hereby irrevocably pledged. This bond is one of a series of bonds autho rized by resolution of the Council of xaid City duly adopted and issued under authority of chanter 9298 of the General Laws of Florida, 1923, for the ~lrpose of paying a portion of the cost of street impl~vements in said City which has been assessed against propevty benefited, which said special assess- menta have been set aside for the palfment of bonds, and in the event of . deficiency, payment of said series of bonds is further secl~ed by the levy of taxes on all the taxable proper~ in said City. And it is hereby certified and recited that all conditions, things and acts re~uired by law to exist, to be or to be done precedent to and in the issuing of this bond exist, have been done and p3 rformed in due form and time, and that the indebtedness of said To\n, including this bond, does not exceed any limitation imposed by law. IE TESTHtOl'rI ~'1HE):bOF, the City of Ocoee, by its Council, has caused the corporate seal of said city to be hereunto affixed and this bond to be si€,ned by its Hayor and by its Clerk, and the coupons attached hereto to be signed by its l.'Iayor and Clerk respectively, by their fac- simile signatures, and said officials, by the execution hereof, do adopt as and for their ovm proper signatures their respective facsimile signatures appearing on said coupons, all the-L~Z~~~' Hayor Attld: , ~ /J_ - <:--- -cc - -. ~ ",,~...., . .~....~ ..J'_ -....__ . ~./".. r City Clerk .3~?-"'''"'--- - ';-~ - ",,'" ~~ ..-- ~ ,_..~ ~ -:: ~ - "" ..-- ... r"- .. - ~ , ~. ':::< ..... -.... " ......... -~ J . ~.,~ -; -, , III . \ ., .". - -5w-' -. .... . 'i ., ; $ . . ~, ""=-.. ';:J Section 3. That said bonds be executed as in this resolution pro- vided, as soon hereafter as may be, and thereupon said bonds shall be delivered to the purchaser thereof as lnD..Y be determined by this Council upon receipt of the p'L1.rchase price therefor, S&>:le to be not less than ninety-five per cent (95%) of the par value thereof, with accrued inter- est. 3ection 4. The special assessments and interest thereon as levied on ,to pay a portion of the cost of said improve- ments be and the same are set aside for tho pa:>l1nent of the principal and it interest of the bonds hereby and as may hereafter be authorized to be issued therefor, and in e.ddi tion thereto there shall be and there is hereby levied a direct annual tax on all the taxable property in ~aid Tovm, 1!hich tax, together with said special assessments, shall be suffi- cient to promptly p~ said bonds, both principal en~interest, as the same becomes due, and the full faith, credit and resources of said Tovm be and are hereby pledged for the prompt payment of said bonds. section 5. That all resolutions and orders or parts thereof in conflict herewith be and the sane are hereby reDealed.. Passed and approved ([le--j. / 1/ ~ , 1925. ~d~ N;nyo r :~ttest : ~. iyver~ C OUHTY OJ' OBt\EGE ss STACIE OF FLORIDA :,(%~ , "~he duly Qualified and acting 8i ty Clerk of the City of Ocoee, do hereby certify that the fore- going is a true ,,-~d correct copy of the minutes of a ,J/~ meeting of the City Cou.'1cil of the City of ocoee, Florida hel~.cb.iJ<t1)l3- - -'- ...- _/Lf-1&. day of October, 1925, including Resolution -. issuance of ~)24,OOO Improvement bonds of said City. pl!7ovid.:.-.Lhg'.fo.:r.:',tf'e - .-- - ~ ,- -" ~ ~-~~~ ~r ~ t':: . - , ~ --~ ,. Ii .... ./ ...-" ,...... :," ~ . - r ..... ~and arift offi- ,,- J I:~ ':'IT:JESS ',iEEliEOF I have hereunto set c illl seal this I LflE:dD..Y or October, A. D. 1925. ~~.' City Clerk ~ ~ ,- " ;1 l:'o .. .'