6854-01
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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
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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:
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