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6854-01 ~ . . . ORDINANCE NO. 6854-01 AN ORDINANCE AMENDING ORDINANCE NO. 6675-01 OF THE CITY OF CLEARWATER, FLORIDA, ENTITLED: "AN ORDINANCE PROVIDING FOR CITY OF CLEARWATER, FLORIDA, REVENUE BONDS (SPRING TRAINING FACILITY), SERIES 2001, TO BE ISSUED IN ONE OR MORE SERIES; PROVIDING FOR THE PAYMENT OF THE BONDS SOLELY FROM THE INTERLOCAL AGREEMENT PAYMENTS TO BE MADE BY PINELLAS COUNTY, FLORIDA AND REVENUES TO BE RECEIVED BY THE CITY FROM THE STATE OF FLORIDA PURSUANT TO SECTION 288.1162, FLORIDA STATUTES; PROVIDING FOR THE RIGHTS OF THE HOLDERS OF SUCH BONDS; MAKING CERTAIN OTHER COVENANTS AND AGREEMENTS IN CONNECTION THEREWITH; PROVIDING CERTAIN OTHER MATTERS IN CONNECTION THEREWITH; AND PROVIDING AN EFFECTIVE DATE," BY AMENDING SECTION 5 THEREOF AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF CLEARWATER, FLORIDA: SECTION 1. AUTHORITY FOR THIS ORDINANCE. This Ordinance is enacted pursuant to Chapter 166, Part II, Florida Statutes, the Charter of the City of Clearwater and other applicable provisions of law. SECTION 2. AMENDING ORDINANCE 6675-01. Section 5 of Ordinance 6675-01 is hereby amended to read as follows: Subject and pursuant to the provisions hereof and as shall be described in subsequent resolutions of the Issuer to be adopted prior to the issuance of the Bonds, obligations of the Issuer to be known as "Revenue Bonds (Spring Training Facility), Series 2001" are authorized to be issued in one or more series. The aggregate principal amount of the Bonds which may be executed and delivered under this Ordinance is limited to a maximum principal amount of $15,500,000. SECTION 3. PUBLIC NOTICE. Notice of the proposed enactment of this Ordinance has been properly advertised in a newspaper of general circulation in accordance with Chapter 166.041, Florida Statutes. Ordinance 6854-01 1 . . . SECTION 4. EFFECTIVE DATE. This ordinance shall take effect immediately upon adoption. PASSED ON FIRST READING PASSED ON SECOND READING AND FINAL READING Approved as to form: J[ Pamela K. Akin, City Attorney August 16, 2001 September 6, 2001 ommissioner Attest: 2