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08/15/1991
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'�ti:}'�:.���?Z=^r,t:�ii`��:S1s.'�.i'�/ ,�,... :i i`.�E*'�+, .'.+���s'..� ��'A'�,.,,,'`'.h!f':�.{i '� �j'�3 �l,i%y�f•�' : �1...:1' ��.:�;t..� s':t�t>"f �`j.e�-�'r�';r..i�.��~.�'e�::1f.. }t �.e°.:".7i';�:. < <y`'�..i: ' . �C ;�1 iN��� r-il�w '�t� s :-���� 3�r� �' '`�; ����a-%`'� r`Jt �!rf�%�'r{•;;��.: .�� '��,. �:�',�.:.�"�� q r `r'� -�c'� �• ` �}' '�r��''tfr� ,r� *;�.,��: i�'''c�p .i1�'':.�� :.�$',r�x , 'C 'C 'i �; !} j$ !w '. � ' 'r'' �!`-a.'t s.4ti+3'i'.i'�+c��. °��Y ' l k:,iPl�i.i.ii['�d; . �.�� A+CTION AGENDA - CYTY COMMISSION MEETING - Aug�st ].5, 1991 �G:Od P.M.) t�e�come. We are glad to have yau join us. If yau wish to sp�ak please wai� �o be recognized� then state your �r , and ad s P�rsnns speaking bQfore the City Gommission on other than Public Hearir�g items �hall be limited to 3 minvt��. Na persori sha13 speaic �ore �han onc� on the same subject unless granted permission by the City Comni ssi an. ' I. Pledge of Aliegiance ZI. Ynvoca�i�n III; Service Pin Awards IV. Introductians and Rwards V. Pre�+�ntations: a3 Ta�d Prdssman ou�line You�h Suilders Pragram b) Carol Warren to present check ta 6e �ssed for "Orug F'ree Zone" signs c) GFOA Distinquished eudget Pr�sentation Avrar� for FY90-9]. VI. Min�t�s o� Regular Meet�ng August 1, �491 VII. Citizens to be he�rd re items not an the Agenda. I. Mayari. I I. Rev. De] Cope�and, f�rst tlnited Methodist Church. iII. 2 pin awarded. IV. Ncne. V. a None. b Ch�ck presented. c �laqu� presented. VI. Approved as su�mitted. VYI. Rohert laric compZained regarding tree limbs na� being trimrred along � �rev� Street to prevent t�em being hit by buses. [.arr We l�arn expressed concerr� regarding the process to be used in fil�ing positions at the Sailing Center. Ar�thanv Chisma requested �uick action on Bethei l,titl��ran Church's request for sewer service. hat Before 6:00 P.M. - 5cheduled Public Hearings (1) Rresentat�on of issues by C7�y stafif. (5) Co�une�ts in su pnr� and �n (2� Statement of case by app'Iicant or appositzan: (a� individual {3 representative (5 min�tes). ' �tinu�es); {�) spakpspers�n for graups {3) State�ent of cas� by apposi�ion (�0 min�tes}, (5 m�Inutesj. 6 Commfssiarr ques��ons. (�j Cammissiar� questians. 7 Rebuttal by oppasi�ion (5 minvtes). 8 Fir�al rebuttal by applicant ar represen�ative (� �ninu�esj. VIII PUSLIC i��ARINGS � 9. ].0 . 11. Puhlic Hearing & Secand Readzng Ord. �5].X8-9�. - Provi��ng tor advance ref�nd�ng of o��s�anding gas system rev�nue bonds a) Res. �97.-31 - Authorizing negotia�ed sale of gas system revenue 6nnds; Series 1991 ia Smith Barney� Harris Upham & Ca., inc. h) a�s. #91-32 - Providing far �he redemption af certain of the outstandir�g gas system revenue bonds; Ser�e� 19II3 199�/�2 8�adget: (AS} a} �irs� �eadinq Ord. #5115�91 / Mil�age b) �iti,st Re�d�ng Ord, #5iI6�91 / 0 eraLing c� �'irst Reading Ord. #5XI7-91 / Capi�ai Improvement Public Hearzng F� First Reading Ord. �5119�9� - Vaca�ing 5' utility easem�nt lyinq along E lot iine of Lots 1 thru G, 67k �40, MandaZay . Sub.(0'Co'nne11/City V91-08) (pW) +�.y;.:-. � . y5� •�f��rr�.nr`�,f, � ',a. ��. ,�°xy,. :' c� ";j�.,� i ;Y; �i�Sj,T�«;..r,:�ii'... - i'.k'�,�, f' I',,i { 'aY `i ?. .f �`r j f.•�,`�;"/�`f ± :`lt�. '� �'��' �'��;�i::f�;.'b:�c .�;.' r ;' : ti".�,; ' 3- - r'; ,�.�.f .�' �, . .,� ,, : 5 ... .;r' .�: �L. •F�+t. � ��Fh� �"i •�M �•�J`rNr� '1r r:'�:� ' S s=� c' �.:`.i s j�4�:,y � a° ` .�'�`;� 9. Ord. #5118-91 adopted. a} Res. �91-31 adopted. h} Res. #93.-32 adopied. 10. a Or�+. �51�5-91 passed lst r�ading. b Qrd. �5116-91 passed Ist read�ng. c Ord. �5117-91 passed Is� reading, 11. Aggrov�d. Ord. �51i9-91 passed 1,st reading. � � � a a ,� i�� � t �� � � ,; r• � � � , � ` 'I�"'..!"w;:>..�,� g .: .,,. _ � .i. .'i�: .� �.�� `.. 4 �i ` ,i,'. � ; iiT�t_r.. ��`.I�.•}�d.s.: ��1 ` * .t:;; ,y:<. ';1 ; R� . _ ;.y; :.�,,,.:�.,:; .•�t� �' • :,,x ,S.'� '�°;i:7� �� , ' t`F. 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Ii�N ' ' t i�,. '..". 5�;�::Y ' t:'�", `? ;.,�e3 ir`1�.::��' ri'�.5. 1�''�3::,'.ji �.q:�;'•.:. ''��:'�'.F`�:� '' ;''� `,; .x;' , u .,:3. : t:-. , � �q S.'c���f�^ti;i%�';�i2�r��`�74 :�.��.:� .t���y �° +: L,�r � � � r!``:',' .. �. ;;�.�f;�,, ��.�.. ..,; � , 12. (Con�. fror� 7Ji8f91j Publjc HEaring & Firs� Reading Ord. �5105-91 - Crsating Sec. �3G.031s adopting startdards and specificatians far �tarm�ra�er d�tention facilities; amending Sec. 137.O1U, reia��ng t� site plans and starmwater dstentian requir�ments for deveZopment projects requiri�g site plan approval (��j 13. P�bli� Hearing & First Readirig Ord. i5].2A-91 - ReIa��r�g ta fload pratection; amending Sec. I46.00�, revisrng def�ndtions af "su6�tant�al improvemen�" and "marke� valu� of th� structure" {p�D) 14. Publi� Hearing & First Reading Or�. �5x13-91 & �5�.14�9i - Land Use P1an Amendment to Industrial and RD ZonfRg far Parcei A and B: parcel A located in 5ec. Z7-29-16, M&s 21.U�, less an� except th�se lands zonea .�./I� parcel B 7oca�ed 7n Sec. 17-29-i6, M&B 24.Q3, ��55 and excep� �hose iands zoned AL/I (Buiiding Operat�lon }�o�ding Co., �UP9i-04� Z9I-QIj(PI.D) kS. (Cont. from 6/4f91) Fticohol�c Beverage D7stance SPparatioR Varia�ce for p�'uperty (e��it�'s $en�hs�de Cafc�) locat�d at 2U1 S. G�]fview Blvd., 1.�oyd-White-Skint3�r 5ub., �.ots �5-52 and Lo� 98 (StaniSlaw� eudzinski, A69I-07)(PE.0) Ta bs Cont. ta �/5/91 ' 16. (Cont. fro�n 7/18/91} a�G�holic Beverage Distance Separatian.Variance . for Penguir� Paiace Restaurant lacated a� 7 R�cicaway 5�., M�1?er's Rep�at, �.ot 2& vacated beach drive an West and Lot 3 (Alexiou� A69Z-15j�Pl.D) 17, Alcoho�ic �everage Qistance S�para�ion Variance for Stinger's located at 18443 and 18449 i1519N, Levitz Plaza (formerly 6r'ant's Plazaj, Units 4-6, Sec. �U-29�-16, M&Bs 33.02 & 33.021 (Hame Shoppin }�e�work Realty, i�tc. A891-17}�pLp� 18. Variance to �he 5igr� RegtiIatians for property (Ho�e Depot) laCated at 21870 US19N� Clearivater Callection 2nd R�p�at� Lot 1{Home �epot U.S.A., Inc. 5V9i-14){�LD) 19. Variance tv Sigr� Regulations far property {D�immyt�k Cad�l7ac) lacated at 25191 11S19H, 5ec. 32-28�16, M�Bs 32.08 & 32.10 (133�aitt SV9�-15)(PLp)• 24. Var�ance to Sign Reguia�Gions for property (Atri�im at Ciear�water Sq�are) located at fiDl Cleveland St., Gouid &��ring 2nd Addn., 81k 13, �.ats I-4 & va�ated al�ey & unsu�merged land to E(Meria Reai Esta#e, Inc. 5V9I�1�:)(Pl.D) 2!. Varianc� to Sigrt Regulations #'or propar�y (RoaEas ta Cv Furniture) lac�ted a� 2440U 1151�N, 8lackburn's Sub., part of Lot 6(Lagan C7e�rwat�r Assoc�atian L.P., SV91-17}(PL�) ;,`f� ±Iti';?� . :'ii�i � �.���'.L f:" .`1.� �1.� ���J` e���� �� �_. . • �� i�' ;II�.�.C1 .�,;,`',,: �•�,' i�..` : �" J.ky' S Y, � �.Z . .4 � f ;� �'%:. �=,''R�� ',. ?'; �„4 � � 2 1.2. Approved. Ord. #51a5-9i passea Ist r�ading with amended �xhihit F�. i�. Aaproved. Ord. �5124-91 passed lst reading. � I4. Apprnved. Qrds. �5113�91. & l�5ii4-9� passed 1,s� reading. 15. Contir�ued to 9J5/91. 16. Approved with condf��on. 1y. Continued to 9/I9/91. 18. Approved variance o� 48.92 sq.��. for sign oi� soutf� sid� of bUildtng ar�ci 57.97 sq.ft. �or sign an eas� side of build�ng w'ith condi�ior�s. 19. Appraved variance ta a�law sign to remair� unti 1 10/92 a#: which time �hey may reappTy for the varia�ce, 2D. Approved addi�ianal bus�ness identificatior� sign with add��ianal 43 sq.ft. of surface ar�a wit� conditions. 21. 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' V l , ,'`�:1� `i . : ;�..� :�,;�,t��;��;:r' `�-'s.;�r 1'�''; .-;;-.-.�i: :.'r:+�/ y:," 1' ;r. y.111rv:Z�,�f�:' ��f'}�iP�3.�y�: .�4 ��� _y• i t s�'.` .jt (�}') -L ;�l�{� ,," - i��':��i`J���Sy':�".Y��cr2��'� ..'i.Y�t.l`'•. z x,'n�'�'Ei>:"r1`'}';�-� ;.� .3.�,;._i . � �.;,, �, : . . 3r,� ,:.. z.;�. . , .:;,.: ..� .�,:�.. . x `�. �„� ,,;�:�. �,, i�t , ,..�,.,.y, ,,:;: ' ' .:�;'d¢'i` Y�'�1!�. .; : r:�,..ti;� ����..;y.,��" �"�,,SL`���..='c''r"' j4�,t:�'�'',� 04�.� ,� : tey1S ��:�.1 :��k��l. �� �S�lI y�t,xJ i �: 14 . . � s � � 0 Fu�iic liearing - Second Read7ng Ord�na�c�s a 22. Ord. �5107-91 - Creat�ng Qiv. 23A 22. Ard. �51�7�93 adapt�d as amended. wi�hin Chap�er l35, estabT�shing a . new researc�, devela�ment and of�F�ce parlc district 23. Ord. �5120�91 � Repeaiing Art. I of 23. Or�. �5120-91 adopted. Ch. 138� reiating ta standard huilding cade; repeali�g Chs. 139, 140, 141, !42 and 144, electrical, plumbing, gas� mechan�cai and raofing; creating new Art.I within ct,. i3a 24. ard. #5121-91 � Vacating H 3.5' vf 24. Ord. �5J.21-91 adopted. 7.5' u�ility e�sement lyi�g �n S side of Lo� 11� B�k 24, ��h Rddition to . Highland Pir�es 5ub.� less and exce�t W 25' t�er�of (k3elrt�ath V91•04j 25. ard. �5I22�91 - Vacating S 2.5' o•F 25. Ord. #5122�91 adop�ed. 1�' utiiity easement lying along N side of Lot 36, Qei Oro Groves, �irs� Additiort, l�ss and except W 58' �hereaf (Sianco V91-Oi} CITY MAHAGER REPQRTS IX CQHSENT AG�HDA (items #26-46) Agre�ments 26. Interlocal agre�ment with P�nellas County ex�endinq �he 3aca7 aption g�s ta�x to August 31� 20D7 (�W) 27. Rev�sed Cooperatian Agreemer�t wz�l� Pineiias Co�nty for �sse of funds to be prav�ded under tite HOI�ES tedera7 haus�ng pragram (PLD) 28. Appraving format far Agre�ment to ��ter the Infi�l Nousing Program ( Pl.D ) Bids & Contracis 29. AnnuaT contract to P�rchase b7ac€C 34Q8 (P�) pipe to Ph1��lP5 Engineering Co., Clearwa�er, FL� for the p�riod 8J13191-�J12j°2, at an estim��ed cos� of $152,418 (GAS} 30. Purchase on� Ford F-800 Truck w�th tra�sh ba�, & crdr�e ]oader �Fram Mike �avidsan Ford, Jacksonviii�, �i, �or $57�966.75; �Financ�ng to k,P pravided under Ci�y's Mas�er �ease Purchase Agreemert� with AT&T Credit Corp. {�S) 31. Resc�ad cantract to �rook��g fiord Tractor Company and l�ward contract to Ford �lew Ho�l land, inc. � Tucker, GA� for purchase nf ane Ford 2GO�C Whee� i'ractor w�th hox bZade and dazer b�ade for �18�5R8 t��) 32. Contract for raof �ng�n�er3ng and des�ign ser�ic�s for sevcn City facilities �o Professional Service Industri�s� Ir�c., Clearwater� Fl,, a� an es�imated cost of $35�504 {GS} 33. Purcf�ase Order Cont„ac� ta 5mith Fen�e Company.ta instai3 new upgraded 6acics�:op a�d wing fencing on tt�e� two � b�l��ie]ds a#: Frank Tack Park for �32�238 (t�R} . � SI].5i91 � .� . , �� '• . • � • � � " ',� � ' "� . � . . ', . �� � , IX Approved as submi��ed less #26. 3 26. Approved as amer�ded. _ . _. _.. , . .. _----.,,�:._ � � `r'`•.� .S �, �f�•'jW�aY���M�,���`'rr ' °=��1���?�.:b`r`'i�,�t3��p�i�� E ''�' '`^`�ri�i.,E{i4��, ;'�k?,4''j1 • �' . � �� .. ���.�� . �'i'. t1^�°.i�{1y:`:.ti4:.`�<.:j- ' ;z` ,'l.'�, ; �t�'4�;: �i'��t ; �. =',.�.�`- >s �Gs�, t '•,�•' ; , ' ���.i , ' �, ��. ; ��,,,. � ° ". , . , ; ,3�.:�4�.�;�,r,,i�'M�4a��; `� ��1. . .,'{; �'�i��::�E 1 . ' � ,.V �3.. f�i. '_-1�i:r .i � • ,�,`. ;• ',., ,.�, . i � � t: ..�{ ` . 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'�;�'� � "�:� r? � i ����1��1 ���: t� nt•� ,�� �����` '��.. . �YI'�. .v�,:�'. it, ..i.'��°�{�� �'l:.��yt�� . <, . ,.'.':; � � i`. , 1 ' .: • :� � . .� ' . . ' 1,'�'.':� ��,'� •. '.. i , , t � y� .' .' F ,o' ; ' �' ' .�'J s � e ''•' �,� � :a ` �'..�L]i"311''.yz'e,`�.^i'Ft.Si�'.�:XY'J'Er ._ . ,,, . . �.. �}�,,A..�:.� g r.:4' .r.iw . .-._�_. i�tJ�rk��iC "v�I / «i1-'i"""� iy'�� �^.�r.�eit�,�t.-,.,:J'�"1;� n./,�»x.SA'�.iti�..,.i 34. Purchase of �.a� 1, B�it �: Higf�land Tarr�ce Manvr for �6�,QQ0 {Hayr�es} (pW} 3�. Purchase of a 1"raacs S�0 Random Access Anton���d Chem9�a1 5ystem for the Water PalTutian Cor�tra] ;.aborataries fra� 8rar� & Lu�bbe Ar,alyzing �'er.hnola fies, Inc., Elmsford, HY, for �49r7'16 {�W} C3tizens & 5taff Requests 36. Rankir�g of prosRec�ti�e Consult9ng ��gineers to prepars � PD&E study for the widerring of Drew 5treet (pW) 37. Continuation in utiiizing federai grants ta fund �he Cor�unity Hous�rrg Resaurce Board {CHRg), �qp.Ync., and �he HAACP to Conduct Coaraunity Rel�fiions Qutreach Activitiss (PLp) Change Orders 38. C.O.�i to the x991 5u6drain Contract increasing t�e amount by ��9,gg� far a new cnntract amaunt o� $�,gg,7�5 with Suncflast Excavating, Inc., . Ozar�a, Fi. (PW) PTans & Alats 39. Prel�minary Sit� Plan �or Urtion Stree� United �fethodist Churci� �ocated at 1625 Union St., Sec. 2-2g- 15, M&B's 12.Q3 & 12.04, 4.88 acres m.o.l. {P�p} Rece#pt & Referral 4Q. Annexa�ion, Land Use Pian Amendment to Ind�str�al and IL Zoning far a gar� of 5e�. 1-29-15, M&8 34.272, 2.40 acres (�aFrnsan A91-09, LE1Pg;- !0}(p(.�) a1• Rmendmer�t to Sec. 72.25 concerning the Sale Qr Service oi A2coho�ic 8ev�rayes (pLD) CITY RTTORN�Y Agreements� �eeds & Easements 42. First amendment of easeEnents wi�it Fiorida Pow�;� Corp. to �he Ci�y for water supply wei7s in Sec. 18-29�16 43. 5' drainage� c�ti7ity and sidewa�ik easement - W 5' af Lots 201 thru 208, Morn�r� side �states Un�t 1 Sub. (Beth Shalom}� 44. Arainage dnd u�Eiiity ease�nent - Nhf corner of p�ri��las St, and 5. Ft.� f�arrison Ave. (Marton Plant Hospita]} � 45. Wafier Qase�nen� ov�r portion of I.ot 2� C�earwater i'aw�r 5uh. (Mq$ pn� L��,� 46. �ight-of-wa�y �asement - W ].0' af f.ats 8� 9� & 3.U, aRd por�inn of Lo�s 7, 11 & 12, Qik L, H3biscus �ardens (Community Arf�e Chi�d Care Center of Clearwater, Inc.) 8/15/91 ..� . . � � e " .r� , , i � . . � i i ` 4 � M 0 7 .. . ,. . ..,... .. .� , _. �i„G ' i 1 � �4 f {;�"a •��'�'����i`?i1�,':�'?��� , � •;,��f,��;�3}y:�;,i��,.�,F��,, t!`l rl;a:.4t F l.,. ''� ',`, i.�R�� , C.� r!.�).i" , ,. . ,��.;;,,.�L; � �� � k.. �1 . �.'•,�i �k:.�Tl.° �,'':Y ����� x . . 's�,7•�,.i:+a•,j.��`�:'� ' , �:�i.1``i�1:�.2�/�?yf'''.'.?.ti:'J'SFi' . ��,a s`�`� .;6 �;:' �:,�;c �'.�,a� .r ..�e:`i�'i,3t4":��'l�k�i� . ,y,`';;.i�a`.i.,�:*.�,.��, . A ' �:1,���1 �K ='...�� ��j .,. ^�,f,:i.1`',, . `�� 'e',,{,��' + ti �.� �I.�r';,I�.; . )�� Y�` �'� {t`�'..."'i� 3��i.l�,; :I� �.,.i��j5'�w' �'��'.�f a�+� j��Fi�4 ! �*;':i�,�.yr �T:- � �r'� � Yt tiF ,�G7'�.1��'f ti :"'. '�t''`i r}��trv�«=«�_�y� t-�. � - .' ;,.�:u.. � .� i. �`�y���s'' °r "'+,h'`•r ;4i'-:, ��';� �«.a ! : •'� #!� `.i.iiY. ra,i.-. .� u� 5;., � ��; +� � i ��� S .• ,,.� ;�� � ='� S�� ti'. ;;� - :� � �'°�i �; , -ti y k' � ,f, t �,. !'R } ��.� ��E k, e � �..,.. e �s f r�'�r.,'�A`, � A'Sa+Mig n�s�,�.,��i�'s." =*'��''l+'�r.'`�'�k'�J�F=st.,�/..�,,,Y�°''�t.�r`�'��`�,'�f�{'L}k'�!!�. -..�,,"=?-:;yr��'.'��� �i fi ��'�'trrs���9j . '�,� �_ � ,f n•4,�c . 'y.�' ,. ,s��t'`'�' , •' ' ,t' . : .y. . "'�,., �_,.. :� .:.-� �;,_� �� '��� 'es: �f: �'R:�;r ti. !�r', � s rr.� � i '���':;;c,'•a„� 3i� '� 'ay 'S.��E''�', �i :l:t::;t,=;n •�:•-i-t< :•,Sr��{,')����• ��'��.'ty47�1'.�.y�r1:�''Si:'�;iFk'��I;�y'rfy` �.�:�:k.�itr"� ��'•dxi's��'� �' „oL � .�� ` � " � ' ��., .r f.� "i i _ 't -f'-� �./ z. �#. i �•1 ; � . •��' r T s i: �i ^i e ��S �' y �t' � � � �;�,v+��r ,� � i, ,.� y �,�{��;F��4�> 1:`�:;�' �hl ,�5r y,. .•� �..:a�'r}� t: �� �. �',�;.} t�� �� �t .. w�� � . ����.�'}�'.��i��} 1��;!$';'4 �it����d:x !�^��'�'_:1iS�t:'�,°;;�"s+�''�.���`'."P�`k�Y�e�"te� i��$.�J1F'.�.�.'.a��x�'.'�:{��'�iP�'r��?i_ .. . . F S ,:.� ,} ra t��. � Tt ra .. .. U, F'3�.�. �l'.�tt. �. S�, _ t.�s _ t..: �' $� f. . �4•_=s` d�-� � � �} � i �� �::`_�� ���:C �1,,.-' Rl� �t%'� , .'1�� S- 41 �.,y,M;' „; ;��,�y. G{:>� .'r, ,µ� . �''-`;ss . 1i� �_rA ; .. . � � t�N" L� i+.�,!}�� ��?,�t� �,'} t: ': �.';: '` +a �.� "..ij�3.���. R4�?l.`�.°f:.�x��:;t.�`.xli2l. �:�'j��a��� �.�`:i''S•E",i��i � �„��'�.�". �i< - .. ..� :1� . ... . r. 1 d` �� �� si�:;`,9:fif�j�y�� : �� � •.�� b��t".�, ••�1" . • i ��}�'^ '�•"."y j� �� �AM��]4�� I � ,.' . � ., �2 � r : l.,� � � i;!� y.'1t:FkU:iS � rbj,�'�dirl�V� � , ,..t'' '�`,..tg�F�)s�� �1�����`� . . ' .t : � 5�=�'1t�y?i,�.f':y«•,c. � ;�. , ' r',j'r1i � s 5�.., , . , � .�C'i• .� Cr , i��r��l� ,.!¢;��;�.=:�f',;;h3� ::-N7w,r =�,Y ;: 1l1..�"1'1•i,Y+. , X Oi'F��R IfE�1S ON CYTY MANAG�R REPQRT `�q`�",�;;�; ����:}'���.�i'��py�� � . . � �iF' ��;C'�; 7N:�;����ti{' `i�75�,� 47. 1992 Le is�ative Packa e 4 . . ���'�'=:``�"�'e�y�:; t!'�'�����.",�, g g 7. Approved as carrec�ed ;;_�{�:,::r:. k.��'�, ��;' 48. Long Center �aard af Uirectars - 2 48. Continued to 9/5/91. ' ����� .��� ���,�kx� appofintments � � ' , �• r'��,�; ,•.k.��`'�►t � ': � ��,� ,, 49. Center �ounda�ian Board of Trvstees - 49. Appointed Bi�l Zinzow; Contfi�ued 2nd �': �,,.,:-:��`;""���=��^��`''"'��°�;; 2 appointments �pPointment. � • -,,���'14;��:-t�,��'z��;��;�,�'=�:'. r' � '.`�'���w =yy�'';���;1�:�`j��'''��'t'. .f �I '°j .� ij .�. l- � � +A ���{,',.. . XI -�ther Pending Matters XI Hone. ����'ti���y�a�����F�� �� �� { ,. i=T. ik�'j � ��� � • � ����� �`� , L :I sf�,�_ � -� r��., r� 4F' °� • � . '+' . � _ �'� L CiTY ATtQRN�Y REFORTS ��� • � , - XII Resolutions �; �"� + �'� i 50. Res. �91-30 - aeclarir�g inter�t of 50. Res. ��f91••30 adopted. � `� �. ,_ �"' ,-- ,.� City Carn�iss�on relating to ta11s at � • �.� New Clearwater Pass Sridge a�d -:� a�tnorizing the City �lanager to ' ��� execute a ietter of understanding � with FDOT � Y� � XIII Other City Attorney I�ems XI�II Hon�. , ,ki_ XIV City i�anager Verbal �eparts XIV . Notte. , ��"�i � . � ,. . �� XV Other Ca�nission Ac�ion XV ,� , �� 5i. 5et meeting dates �or City Manager 51. Set for 9/16j9� after Worksessian. ��-� and City A��arney eva�uations � _,t xvx Adjaurnment Fit�erald reparted Mayor's GaunciZ has formed a'iask Force to review annexation of enclav�s and has asiced him to serve ar� the 7ask Force. XVY Ia:29 �.m. . . , . 8/15/91 ,.. •, � . ' � 5 . ` , � , , .., . . . � . • ,. � � , , , �'.. `�'� � - ' ' .: ` ,� . ` � � ': - ';; , _ ' ' �F. . , - � , ,., �.....,._._..,. . h .- _� �...._--.-----�.... .. . , w,.. � � ,. ••S .. �� ' . . ' . ` ' . ..-e.. ..,�....,. aw...n.�.,sr '1r. :e_ 1 ,i„.; , r . 1 . .,. , i . , . , . � r . , . � t • �: � �� ' . . ,: > :, : . . . '��.,.....��n•�. , i � � � t \ yu.,. � f� .4'�' �If �`K',• � ��I A .,. , , }C , ' �I.��;ti � ��j•.�1i,_ �1�� . ' -• ' .. � . . . � � h• }��'k�'!' �Ii. �'t�.i��, .... . � ' , s� i }R" +,r�„� 'i . . . , i �1' ' . � . � •� 'r`� .��: t�, � � : i. . , . , � . , � ?'» � r:! ; ''4 , ., r ' , , . . � � � . � . :�U]�l •���t � �5i' �'�; ��i�.'! V� rx•'� ,i.•i��• , �4 . y . . �, . ;,�.t5'�'. ,�"�.l�' '�• . � :. � . � , „ �., . , �: s, ` . - . •IJ,!C�R• � •�•�i;:��i'� ' .� � . S ! ' . . ,P'Si{• :s�'rr.l�.�,. . ;�i' ` s , . !,,�'f,�; 1 i�'.Rr : �l' ''`Y�r�' ,'r!��e�:'.�i"_%:.,to�. . `'� •.��•., i'�a° N�r.�a�..... ' ,, �' ,'a:; •'• ; � � t � . �_ i, . ' �" � .S:'' �:s,;,�S'.�;��.�:•f.."i . ..�� . � �.r'� <'y'•�a'• � •� ' 1 s �+{� iy'�: .,�i i,���.. . . , i� : . ,-'[�, 1` � ' .s �" �., `. ' ; ' � ' ' . . � ' • � . .;�.y . � ' . . . .. �..1� ••�•'���� � � . s.' ' � . . � �: �`.,.•..+��'� �: s:' �:k.' .•� • �,r,�' .' , . i; . � � ' ' � ' t 'O� � � �' � • �a ` crr �� ' �.�' • '��• � � . . , . . . �: ' '. ' , i . 1 f • ��' �'l' !�. : �.lE �: �:�tr ''•• . , � ' .. {S�' :i'�!✓. 'f' .1: .r'Y� 4.�. � j', ' ' , . . , . '� : ' i,i� �p:,! t '.; r'' : 4 R . t `i: � . � � 'S � . " . ' � ' ' . , , Y;' , '. ;`�s'�•i. � .�.ir^I ��4'd . . � . . � . , . . , . .. . � .: �•_ . '4? ' , . ;j 1�'.;: f = s{{: tilr�;'�, tpt'�;`i' ��"i:�. ' � ' "i' ;� ',4", •,... c. t . . .'r.' . . • � <'',1�µ 'i�.;� t ,.f . +,�� . G 1... . . �,� • ti. =4� e � � . S � '.• , iF . •! .. 't:. _ ';^... , :�e . � .. ' ' � • • •J • .j1) .t�'�„ r,t'♦'' '+'T�' 'V . . 1 ' .1 ��:� ' . .l. ' � L�.�{,�;..r .l•SS�.Y.��_L..'��SY� 1��. . . , � . ��4• � L .,: ].' �p � "�:)� YS L �i , �' . . ' ' �, . � ... � , � � , ii �l-'f� �`'�,- ':�4;�i+",ie';hr#'��.:1'.;�,,;;� , . .,-, : ` : , ,•... .l71..�.�':i' ' ' . . ' � . � . . 1 • . � S I .F`` '+ •.� � � e�� . , r '���: .�,� ., ' � . , ' . . ' �!` . • ':�j�,'e':"." , ' . . . � f . 15��.�, � . . . . : r' ; i.� '. .'�,t�� . . .. '!; 'e' ,�.. �4� '�wp�� .}�..'�. . � . . . .. _ .. �.._... ... w.�.. .a ......�.•..�-:r' Iv� •..:.,.,,,.�+�.,.e.r..,,: i�._.1...'.`.i.�..,�..x;�.11La. .�1.� � ';11�''. ' '`�kI'J+.'t . �1 '� �:� ! ' ! _ ' . , ',t • , . , e .. . .. � .. . � . � �... . � F� . _ . � . . .. . �_ �'� �'� .:.`: � ,�_ ,.. ..� .f PR�l.IMINARY AGEH�A , ` � � -� � ° '' ' ' . ,� � � �i: Work Session - 3�:00 �.H. - l�t�nd�y, August I2, 1991 � � _ � � , r . °' � . � �°; ,� ' � _ � ' ��� City Ca�ission Meeting - 6:00 P.M. - i'hursday, At�gust 15, 1991 � . � . . ,� . �,`,'., � . � . . : �� Service Pin Awards ` . "���' ; ' � < i WOR{C SESSIGi'I ONLY �,. . '. ;.�� { . , I 1. Presentatior� �y Camp Dresser & Mc!(ee r�garding design considerations far Pier 60 ' � � � ` , . ; �, � renovA�t�an ' ''. A5 AUMINISTRATIV� SERYICES ' �. ''�� 1. 1991192 Budget: a) First Reading Ord. �5115-9x / Millage, b) First Reading Ord. �. �'� �511fi-91 / Operating; and c) First Reading Ord. �5�I,7-91 / CapitaY Improverrter�t "'� � � . + . . (C�i) . . ,� - � � ` � ; � GAS GA5 DIVISlQH ^ � �:.i 11 k.• � , t .:.�,� . ;�? �� Z. Annaai con�rac� �o purchase black 3408 (PEj pipe �o PhiI?ips �ngir�aering Co., .';�,�-',� .� ' Clearwater, FL� ftir the period 8/13191-8/12/92, at an estimated cost of $�52,418 4 . • r (Conser�t B�C) ..• �� � " �': I ' .. .� � .. . � .� GS GEHE�iAI. S�RVICES `. .J. f . . � . . • ' ', ,���1 .. ,. • . � � I,. Purchase ane Fard F-800 Truck with trash bcdy � crane icader fro;� Mike Davidson '� ,� '�. Ford, Jacksanville� FL� for $57,966.75, financing ta b� pravided under City's �� �, � . ,: � . � � • t4aste� Lease Purchase Agreement with A�'&T Credit Carp. (CAnsent B&C} �',°' � 2. Re-award contract •For purchase ane Ford 260-C Wheei Tractor w9th h�x b�ade and ... ,,:.,:�':'��,.,, � daxer b1adQ from Ford New �lo�land, Inc.� Tucker, GA� for �18,5�8 (Cansent �RC) � ti•. �•''� ,��. >� 3. Contract for rocf anginaering �nd �esign services fnr seven City faci 1 itias to ���``�'�'' ` � Professiona� Se:•vice Industries, Inc., Clearwater� F�., at an estir�ated cost of , � ��� � �� 1 �35,500 (Ctinsent B&C) �.• „s _,. .� ;;.:,:.`•... .;�",� P�<<� 4•. Con�rac� fati- the b�rgiar and fir� alarm servi�e attd taanitar�ng for an� ear to ';;,;;�.;.:;,.�:';l�._ ; ,:1,;;�, - � • : . �� Maire Ca. � CTearwater, FL, at an estimated cost of �17,9b4 (Consent H&C� :'a :..� •.' : . �. 1,. , ; ,. . � �'� '��' P&R PARKS ANQ RECREATiOH � - .:: „ .. : ' � � ...� � �� ` `���.:•����.,� ' ` �. P�rchase Order Cantract �o Smith Fence Company to �insta�ii r�ew upg��ad�d �acl�stcp :::�,",�•; •. .�`-:;:''_:'�:',�'�� • and/� w�Ing fencir�g on the two balifiel�s at Frank Tack Paric �or �32,238 (Cansent �:`, �ri'..�3 i,' ' ,� • . �a1., )' •�T�� , ���+'. .:1.�� •- j1�� • .-;;.F� _•;�:r�� ;';: . �;�; �;.. :i PW Pl18LIC WORf:S .;' ����'�. .. `�i..`� �,,��,���! Z. (Cont. from 7/�8/91) Pu�lic Hearing .& First Reading Drd. �5�.a5-9�. - Crea�ing Sec. J�'����� '' ' F�� 1���' '' �'' 136.031.� adopting s�andards and speciiications for s�ormtitater detention `}t.•' '.�'•t�l, f!�. `' f '�:���,.,;..�.:�`.i.';'.,:`,:.;',�.:��:. ., :�}�;°:�"`,Y:..' faci�i�ies; a�endin� Sec. �37.010, relating ta site plans and stormv�ater deter��ion .:�.",-f:-.���;;��,�_.���,��.:��� :' :,;.�;; �',�`: requirements for deveiap�ent projec�s requiring 5�te plan approval (PH} �' �� �'����'x `'••-''�-x �'�' 2. Public Hear�ing & First Reading Ord. �51I9-9� - Vaca�ing 5' u�ility easemen� �ying �'';: '-5f;�y�����;<�. �; ,, �•� , along � lot I�ne at Lots 1 thr� 6, Blk ��, �3andaiay Sub. (0'Canne]7/C��y V91-US) �; :,',k,:,r, ,�..:•.,, ;.`.,_.' (pH� �-�. "'�:���.�°` :� ::} �:`..�` °'. �- : 3. Ran�Ci r�g a� prospecti�e consut��ing en ir�eers ta prepare a PD&� s�ady far �he •i.;.��, ,''��:,��:���.;,� :';� .:.",.: . widening of Drew Street (Consent C&Sj� �. .•,'',•'::.•,. y�F�:,;�:�;:: '1 .� ^ , :..':a,..,::� �:..,...� .:,._,�:.:.� �,��:`,�,_ ;, 4. Interloc�l a reer�en�t wi�h Pinel las Courit ex�tendin �he ]acal o�ion a, �ax ta .;-: ��� �„'. ?.�' �:-. .��,`_:��.� � < Au ust 3l. 2QQ7 ConsQnt A rmt y 9 P � ,' .-,�•` �.:•>,�;i,°�•' .'�::,,.:�:•�� 9 , i 9 ) "```�'��'-�'��"'„'� ��''°' '�' ''' � 5. Purchase of Lo� 1 Blk G Hi hland Terrace Hlanor for 65 OQO {Haynesj(Cansent B&C} p;.,tf, �'��,�-,._ /� ", w� �'-' � . r .' � ;�.1 . ' l t :f � r �"`�'�J��'�`���• �`��`� '`���` b., Pur�hase of a Traac� 8D0 Randam Access Automated C1�emica7 System ��or �he Water ,iiy�;'�`'yi: ; .�:��:.l�i�±'I� =,' `. _" t'°, `f�''�'S': • �� Poliution Con�ral l.abnrato es � '''� ly ing �echnalag�es� Inc., �::';�.., {:° •��,r"::� .•�}:';_�,:.,: ri fr�m Bran & Lueb6e Ana z �� F: ����'"'=��� �' � �; ; :'�;y=�•-� ; ;: ry /E� linsfYard , NYL � �ar $�9 � 716 (Consent B&C) �r..�.c'i'-.�'.�tE'�:s':'�,'�'i'��,"i�3 ;� �"�"�. / l. Q Y� t{� t[f� � ��+ �.�� ��-�°�4�� ��i ��"' 9g1 Sahdrain Con�rac* increasing the a�ount by $59�9g5 •For a new : ,�.�' .'Y` y�,';i'�'y "fr': i a • • L :'i f �! i `���•i '�- ,?� ' !"-'� ��' ;`; � `��� �t`� ���.,.�:" ���;s:��- � � 5 i h Suncaast �xcavating Inc. Ozana �L {Gansen� CO -�.;1 w'�i�'`' ,%'��`;��'"ti�, ;r,. ',,. cantract aitEaunt af I99 70 w t � � , ) ���MY1r�F':�.�yAS��N%j}ii^ K•S:�`i.}�'%•.��'�;' .a,� i:;: _.. y.,:� �':a���i;�h`�3��;:�;�f ��'r dr;�>�'�- -; CM ADM�NIS7RATIUH 1. 1992 l.egisZative Package PL&p PLA�NING & UcVEI.DPM��4T' • 1. Pu�lic Hearin� & First Readirig Or�d. �5124�91 - Reiating to f�aod �ratsctia�; ame�din� 5ec. 146.fl�4, COA, revi�in definitior�s oi� "substantdal improvem�nt" and ' "mark�t vaiu� of �he struc�t�re" {p2�}� 2. Fubli� N�arir�g & First Reading Ord. �5iY3-91 5��4-�x -�and llse Plan Amendment te Indvstr�ai �nd RD Zonin� for Parce] A and �: Parcel A loca�ed in Sec. �7-29- i6, M�a 21.a0,, �I85S c��ICI except those lanc�s zoned A�./I, Parcal .B located i� SeG. '� I7-29-16, M&B 2�4.03� �ess and exc�pt th�s� lands zoned AL/T (Bc�itdfng 4psr��ian Holdin� Co., LUPgl-fl�, Z91-03}�PH) ': ;��;;�-k1�� �tii�� � . 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'.�< t ":i'�._s.�.'�: �!: a�-rt' tir .� - �' g .i...• .�• �. �. , , ��: �.,,t .�.,.. •S�.tc'�,�5c, ? ',�,i. � . .� .,R� s �` •�, ��'t.•' ,�. :t�.�-, . . �:� �,.n- .-�-• � . . . . . , r�'��,'F'�.l'J.9'�.����.,.:�.�,;.,� ; �.Ffr'iY �f.r4�3.��.r: � . � . ' • . •i`• "?:i. ':)� �S;L;�r j y.k:l•�3:a��• . � , . . . � !'r : ��J( i �' � ., `��f!1y �+ r;� +Fr, f�y1i � . r.i�. �,;'. < � � �' �,r5i, 1�'��� :r�Si,�ri.` .r�',�yi:: �,ik I . � . . . , ' � ° � ai�`.�� '.�' '.ait d 4i".�" it,t,tx:iux�'t', ' , � , . . ,s .,r.i.. :; ��i,' ,.:;, a:� •� :z�ay. r�: • , . , . ' ,4�' ia�' 4t� • � - ' � , �,� , �1 ��'�'•p' '� .�Y �I'?' � Y� l�.�, �d ' . �.�. . . ' ' . y ,�Ifr`.,;1�.•,i1`�'r�,,i�"1i` � . � . L'M.�... i ..I♦ . ♦ rn M/f_�-Y��t:':r�'^.9'.M(�T �'t1Yf •f' JG:��i�'4it . . e . r-..J... .. . .. . ... .. id'U:^k`!', ."]��..#� "F.'f�� .1 .w .i-i. Q4trA Faaw1;3. �;r '�i'y �.: ��'����..L+� 1%' � }� . � f �,1��'�::N�i', '�f3}�.. '{'�',�''. . � �'� �'� J.;`},, '�;i 1, `l..�,ti,' � ' . , .'' �! � l�t !�', . �� . ';�F�' ; E . `� ;^�.. . �,�`� ;':: �::,.�.`, �� �.�; ti°' �� � .: � 3. Cant, fram 6�4l91) Alcaholic Bevera e Distahce 5e arat�on Variattice far pro er� `� � �� ',`•� -, , . . ,.. .,. „ : t'.� � } 9 � P y , :�,.'= _ '`'`� �:�.,::�,�. , � ��rit�'s B�a�ci�side Cafe) located a� 201 S. uulfview 81vd., l.�a d-White-SkiRner ! . ` ; . ��.�'' '' ��.'�`''' "'� ' � Sub., Lo�s 48-52 and �at 9�3 (Stanislav:� Budz�insic�i, AB91-07)(PN� Ta �e Cant. tn ' � � � � �. :�,'. .:�e:i' �`: f�'��;�. , . . � s/5/9� � . ' . ;'<<.:�:;:'a.�:��,t��;:..�3`.., �� 4. (Cont. fram 7/18/91j Alcoholic Severag� pistance Segaratior� Var�ance for Penguln � �. �', �, ����� ��� Paince Rest�ura�nt located at 7 Ro�kaway St., Miller's Repla�, I.o� 2& vacat�d ' ,� . � � �' ? �' � � �� � beach drive �.r� West ar�d i.at 3 (Alexiou, AB91-15) (PH) ' ' ' ' , � '. �''' � � � � 5. Alcoholic �e���:ra e Distance Separation Variarce for S�inger's located at 18443 and i � � � . .� � � . . � ��.� ° �� -f 18449 US19N� �.ev�tz Plaza� Units 4-6, Sec. 20-29-1fi, M&Bs 33.Q2 � 33.021 tNan�e ' ' ,� •' � '�. � . • •_`� •` � t Sho�ap�ng Network Re�Yty� Inc. AB91-11)(PFi) ' �-.. �� ��� '��� .. ., � � 6. Var9ance to the Sign Regu7atians far praperty (Hame Dapo#) lnca�ed at 2I87� USI9N, ''�` " Clearwater Collectior� 2nd Rep�at, l.at 1{Ho�e Depot U S A, Inc 5V91-14){PN� . . , � ..,,.., : .. 1 . . . . . , � y. Variance to 5ign Regulations for prap�riy (airrmifit C�d971nc) 1ocatPd at 251.91 . . . � ; - � ' .- .. _ '; : . . � .. i• ` , i � � -,' . , .. ,.. _ � , � 1 .; � � . � '' • ' F I t I . '� 'A' ' 1 � . . � t • t' ' :�. � . .. . '�f' . . � : .. .; � . t.. •�t . } ;I }. ' � i : ;.�, . . .' . . � . . . . ,' =•t',` • �I. . . . , . . . , : , �, ' :f'� ' � _ , � � .'i. : i.. .i , . .�L. , � ,;;. ''�.°;:,�;,. ,�;;"... , 't .j��! � 1 . . � '� .'!P .^�i ;fi• ..� ' .? i� •1i:�.i�1 ��� ,5�. .� , 1 t- �'�;�`.^5 � � .T?j���, .'j..`�'� ' ;i; ,r.s:`. .� '4♦ "}�_.' _ ' �' �'. � y'•^..1i ei� . '� :�, t � ''1,�'. . ';• ,, ' �:,. ."t;;. �,:�' '� '�;s',. . ;ti,;,`.�:'�:,. ;,`- ;t-�;i�`�,• • �`i.; 1'���,',,� • •' � 'hi:i' ' ' • ; : ,';t 5 .. '(...�i ,I ..�� ; . . �'�•�•j.]. ' .'i!.' ' �f=:.. �' ; • t �r.:rf :`2. • '..' [. ' . : � .'I Cf,"�� 3' i� ' � `t �'• . S•, ..'� .�,�{.. � �;. :li��.} ' •'� r'��}:,�.:,���;1,-� �`,,y;.:•,� `;�,''r: .��:. � '�-: � :� �.'.i" ; `.� . 'a � � ; '' � � � �r�.. �`�..t _#'', r,=: ,},, ;, J �i;'^f`... ��i'� . ; .(:�i}: 'E J _C; . - r%', :'r s',' � � ; : 'I� `,; � i ,y x : `' . � f+ 1 4 � r,�. �� ,!'e?,�F�` : jiet��i� ;5�};,. '" ...' ;�,, -.r�� '. •,:.i�,.e•,� i�jq..:.�s ' =' ��iti:`�..� .4_...k'�=1F� ,�.1,` �'�� "'�a�irr��'�• : •.: �� .f.,�',' ,rs .a .y1�i�F�.{4•:.r'� �Y:l,'•4" • '•l'- 11'�' �:•f/xrI_.f r'y.Y • .#" pf•.t.. :. .:'{�. '.;,,'���:���;.,; �'� "'�.�;�=�;,.:' ���:.�� :� J';:� , • , �; . � 5i,�;',, ti ,��'_�+ "! `.:•.`�•,�i��`�7,-�'7:��'c.t;';':..:''��'•,: fe;�,�,;,4��F��ra, :,��i�:�:��,i�,'.;:�;;; �. K ,.4 `�f �..� � , � ;-, . . ',:;i`'�>;:��'.�`�?�t�.`c=:�_�s;:':�'����'i�._. .. ..�.a:` �. - �.'�� ������ ;�'� • •� US19N, Sec. 32-28-16, M&BS 32.OS & 32.10 (Dinm3�i SV9�.-].5j(PHj 8. Varianc� ta Sign Regula�ions f�r pro�erty {Atr�um at ClenrMrater Squara) located at GO�. Cleveland 5t.� Gould & Ewing 2nd Addn.� B1lc 13, i.ats 1-4 & vacated alley & unsubmerged land to E(Maria Real Estate, Tnc. �V9I�lfi)(PH) 9. Varianc� to Sign Reguiations for property �Rooms, �a Go F�rnitur�) lncated ai 2A4U0 U519H, B�ackburn's 5ub., part of Lot 6(l.agdn �:Ze�rwa�er Associa�ian l..P., SV91- i7){pN) ' 10. Preiiminary Site P]an for Union S�reet URi�ec� Hethndist Churc}t Iocat�d at 1625 �lnion St., Sec. 2-29-i5, t��,6's 12.43 & 12.04, �.SB �cres m.o.l. (Malkin�ki)(CM P&P) � il. Annexatian, Land Use Alan Amendmen� to Industrial and I� Zn�ing for a ar� of Sec. 2-29-15, M&B �4.272, 2.40 acres (Johnson A91-04, LUP91-10)�Consent R�R� I2. Amendment to Sec. 72.15 concerning the Sa1� a� Service a� lllcohoiic Bevera�es (Cansent R&R) 13. Revised Coo�eration Agreement witEt Pinellas Co�r�ty far use af f�nds to be prav�cled �nder the f�OM�S federal hous�ng prcgr�m (Cansent Agrmt) 1�4. Cantinua�io� in u�iiizing federal �rants �o fund the Conanunity Housing Resource Board (CHRB), CAP Inc,, and the NAACP ta c�nduct Ca�utti�y Rela�ti�ns O��ir�ach Activities (Consent C&S) - 15. Agreement to enter the I�fitl Hous�ing Program {Cor�sent Agrmt) CA l.EGAL OEPARTMENi' Second Reading Ordirtances 1. 4rd. #53.43-95 - Creating Div. 23A within Chapter 13�, CDA, es�abiish�ng a n�w researcf�, deve�apment and office park districi� 2. 4r�. S5i1.8-9x - Pravidzng far advance refunding of ou�standfng gas system reve�ue bOndS 3. 4t�d. #512�-91 - R�pea��ng Art. I af Ch. 138, C�A� re�a��ing to standard hu9�ding cade; repealing Chs. 139, I�O, 141, �42 and 144, COA, e3ectrical� plumbing, gas, �echan7cal and roafing; creating new Art. I within Ch. 138 4. Ord. #53.21-9� - Vacat�ng H 3.5' af 7.5' utility easement iying on 5 side a� Lflt 11, Bik 24, 6th Additior� to Highla�d Pines Sub., less as�d excegt W 25' �nereaf (F�einwih V91-04} 5. Ord, #5122-93. - Vacating S 2.5' ot 15' utility easeme�t lydng aiar� N side of l.ot 36, Dei Qro Grav�s, �'irst Addi�ian, lcss and sxcept W 58' i:her�of �Bianco V91-07} Agreem�n�s, Deeds and �asemen�5 , 1. First amendment of easements with Florida Power Corp. to the City �ar water suppTy wells in Sec. I8-29-16 2. 5' drainage, ut�l�ty and s9dQwalk �asemer�t - W 5' of La�s ZQI thru 2Q8, Marningside Estates �n�it 1 Sub. (8et� Shalam) 3. Ora�nag� �nd uti]ity ��se�nt - HW corner af Pinellas St. and S. Ft. Harris4n Ave. (Martan P 1 attt �asp i �al } 4. W�ter easei�n� over par�ian of Lat 2� �learwa�er i'ower 5u�. (MAS �ne Ltd.) 5. Rig3�t-af-way eas�m�n� - W 10' of Lots 8, 9, & lU� and portiun of Lats 7, il & I2� Blk !., H�biscus Gardens (Commanity Pride Ch�ld Care Center of Clearwater, Iric.) OZI�ER CI'iY RT70RNEY ITEMS City Mariager Ver�al �eports �' Ot�er Cammission Actian A journ � Bl12/91 I� 2 � �, ' .. � �,. �' ' � ' � ,�,. _ ..;.�. . ' ;,i� ��; 'f • . '.�. ,' . . : :,• �,-�,,�: 'r�:. ;4..� ... , ,4 ��' . , i '.� ,} � ,.'',`',Iy;s'}:°~ �. ',��,;fY`� ���- ;i;�. . �. .I',' ;; `. ;�t�:,4. � �N', ry1,. :.�F ;R1SVw.f. ' 1• �'� , ri_^''•:?1L:'• i�tS°�;t'��l. �. �'�"; ; :;,..,..�;.�l::=xya', ' ' �.,,i� w.., z �: '+° � '��"t:+�. 'i . r�,;'d;r,�r ��..1=' s.� :s;,•'�: ':�;`•:'.�;�ji:�,i1r��;,3}:: tAf�. . '':+ti: �i �.lifu..'T',�r. 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Thc fallowin cm lo ccs be rescntcd with 5C1'ViCC Awnrd f `��;�:.�"r.��'�'"�,�` �����r '� S P Y P s or ihcir ]cn :_ �:',:;�:�;";:��°:��'�w'°'��,.i�; -.� �t' c i o ihc City af I gth of scrvicc in thc fY.L,,,,,r��,Y,��. r� � _^ :., y ., cmplaym n f C carwntcr. ,.,� ,:: � � `�" F��, ' �.6 "S:w�j�,y'� Yei� :�t,.{ S� � ,• �•CyT�'.-Y.h �(�( '? �; '�'.t�". - • ' lt:�'�'�,4.';' 'sf'. ' : '. �� �''h•s�• �. 4•.k'✓i%�;r�t�,��tis4�ti,':_ . .: :c• _- � � � ��:f r;-f �r.�"•�°��`'J�'�.- «'.�-i ���. ..- ":�.� � r'': ;t;,' ❑ and that the a ro riate ofliclA�s be euthorizod to execute sama . ��`�� aa'��''� � �' �. s`: :'<<' �<;' i.� 't.�y: ,1 . �,�f;a;,; @ ,':..1�:; ..} i1;,.f,' �S ��ii` r4�1 :;;, .; ��:. PP A . � BACKGROl1Np: .�..%�T�: MichncI 1. Waters Charlcs ]. �sposito S3mmic G. R�yncr 1 Y • Jpn RusscEl Hcnry 7oncs Jalin A. Waltori II Johnny B. Brown �o ��: Robcrt ], Bckker Re�lev�ed by: Legel � Budget Purchesing Riak Fl�gmt, pIS AGM Othar Sut•ml#ted b�1: � : `E • GJry Manager Orlpinating Dept.: Personncl Uaer �ept.; Advartlsod: � Date: Paper: ❑ Nat raqufred Aliectetf parties ❑ N+�dfled . ❑ hct requlred PpIiGC Policc DQAS/Cltility Customcr Support Farks & Rccrcation AArks & Rccrcation Gus Syslcm P• W. /Utilitics�Sanitalion PaIiec Coata; Tolat Current FY Fundfng Source: ❑ Capt. �mp. ❑ Q(ierating ❑ Oiher Approprietlon �ode: Cammlaeian Action: ❑ Approved � ❑ Approved wJcandktians ❑ Denfed ❑ Contfn�ed Sa: AttachmeMs: ❑ ido� e r-� :,.�.w��,,..r.,c.,..r„�,-t.._ � .. .._ . w. _ �....�.,,....... �._._... } , , . . ., . , . ... ,-... ...., _ ..... . ... . . .. . . s,.._,,.�: �., � . 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C . -. jri�x � fh�+{ Sj '�y�'o-. �'��l,,'�. j-`n.Gt+"x�'(':,•s��,4�.y5`f.6tw'f; � -•�•,,��r�t':•°�!+�wr o:}�-yt` ,t �,����: ..r � '4c, 'r,,p•z'';. „��Cerli ��I�i�.+�t"�.��4�� t �'rr� � � y �-% +�. )r''�!-'c.��-:.,Y�:.�,�. ,;�.'�i'�"' �3' ��e' wd. r' �,„...r..i�.�.�y�� .' tYj 1 �eL �,• � � 3�� r'- r"�.3',: 4• .Yf rP i} f t�i!`� '� ���j ,., 1 v AF�.'•St�If'atSiiL`�.��:17;�#�E,1'�'R�ti� f"1e i f• �..• � � r �^� �,�7,•"f�7�tdxif+P�'M7.�9hi � ,F •�# �� ` ,�` �, �'t.�,�i�'LSb:.n''�F�i'^4 5'i5�5Y:1s'if!.'4£w�w�1;t�3,:��15:.�.+!�r���.w:.tM �9. � i�.:�,�y r �}��: y�zr�. A.�1� � i . 5a ��'pL�`:E��, >4'� �' �i�a�,d . . � � � t`�' '�,� � �¢ �;a"� � . }r�• �' U�/� �. •. s. ,, '��.,h:L"e fhil v }_� �s�, �:i:. � . � ' . , � 'i���. `�: � � fy ~� •.i�ss �'SF r ! t� Fl? � ' ' � � ,r . �A ,3`'s � . ; # �y � . • � �.' .:�`!:r "; � � . � . 47� t= TO: Sue Ber�e�d, Vice-Mayor , �� FROM: Betty Blunt, Confidential Clerk Receptionist C�PIFS; Csty Commissianers, Michael Wrigf►t, Cyndie Goudeau SUB7ECT: Presentatians at the August 12, 1991 Work Session DATE: ' August 12, 1991 , The foZlt�wing presentations will be made at the Angust 12, 199I Work Session ,�E._�CE PINS 10 �ear� Jahn WaZton TI, Gas System � �� . . � Robert Bekker, Police Department (write-up attached) a ..•. .,... � ,� s wr.•sr �w+.., •- ..+++�+�� ��: • ;���.� + " . ' . .., , ...•'., � . , . . , ; . ' . . ] > � , � �, n�� . . . . .. �«.«. ..�:.�...0�-.. •r�. , y...sr. ��q , ,.-�^•r. '... � � " . , , . , f "�`�, . . .: , � . � , �a: �� �� ki .� iv 'e: i�l �;�y,, ��, 1•' . z� ��.... . ;r€ :� ,�.. � ' � � 1 1 � .1 ' " . 1 , t �.� f� � '9 �.�i9Li F�y.. . � . . .�. „ ' ,j .i .S F 1 � f� � .., , � , 5 . 1 � , i '` " . - •. � ' , � , , ' �' �. , . ' � � c' . � ' � , ' ' ` .,. . €. •, ;, .. . ; . _ ,� . , . ,, . ' , � , • - .� . .,�•. � . { f .' . . ' , ; . � ,� _ � � . ; , . , � 'k, ' ri i � .. � . � � . � , � '. . _ T� : .,; �. , . . � ; ; �. ,,: . �.- , . • , :��.'_ �.- .. i :F . .' ' �, i' :I . � 'r! . ,�s.� � ' - �. � � �; •;i>��`,.' _ ;:`.:.� .. '' '" ::r'���,'•:ti:`;:'F',`• i'4 ,``.�: �,; : S,•, . �k� �'����,:�s,:. .'Tt.�''`;;f:k• ,;�:`' :t•:". � . ' }�?� ��'" :+l� � ` ,.t � �� �^� ,.! ..i •_i � . : :r, , % :, �_,'t.,: .,. .. 5,, j.• : • :�Ir; . .�f: s . �l 3 f s �y.4.-'i�1�i. •�i�,`,i• `������1:�.��,�. ;' ,.,;F,. .1'•;;�,;t_ �a; . 1`�S.r�h�y'r�,[��. ti '.�« i..� �..,•� F,�'• ��{" t �`��: ,v �'� �i �`�:'}�'�.,� ��� �S. � i1,��4.., p- .,e.. � ,Cr� �. �.4� �':r'.�;,�:•; �45ys�,f,t ,���r��:, r :� A�'��;�`- , � jf` `.'.� z�.:�.!',' 'h,.'4'h{v� s�p�,�.����ki�J`�'���•�w,�' •vq'-,^�[ � �:� _ _°I�'�s��''x i�3�'H.�+`..y�f�''a�;,;t� ;+.?.;e...;. !�S'i R•.5.. ti i:�'�Z�!}h� '3•:: :�'`, . . l�l. � ,. , � . . .,. . i , :. . i . ' , � _ , � . ,, . � . . , .. -• '�` .. .'�, .� '. �. :',t,•' . .• .. ' ;:�` ;� , � � i: t_`.i . _ ;f � . ' , . ' `' + � �. . l. . ' . • , ' . .._ , r.. .. . . .� . .� . . �. .�. .....�.In.. a� .n:��f.T:'t'. :i',�.�.4ts'n[+�0, '� • ' �� , , 1 . . . . i .. , r �' . • . ' f "'' . , , � . �FINAI. R+�EHDA �- CI3"Y COMMI5SION ME�7ING - r�ugust 15, f991 �0:00 P.M.) �lelcome. We are glad to have you jait� us. I� you wish �o speak please wait �o be recagr�iz�d, then state yo�r nar�e and add,�ess. P�r�ons speaking befare t�e Ci�y Commission nn ather tha� Pub�ic 1�eari�g items shaiT 6e limited to 3 ninutes. No person ' shal] s�eak more than once on th� same�subject anTess gra�ted permission !�y �he City �or�nti s s ion. I. Piedge of Alleg�ance � � II. Invocation IZI. Service Pin Awards IV. Introductio�s and Awards : V. Preser�ta�ians: a) iodd Pressman autli�e Yout4� guilder� Program b) Carol W�rren �c presen� checic to be us�d for "Dr�g Free Zo�e" signs c} &FOA �istinquished B�rd�et Presentation Award for F�l9Q-91 VI. Minutes of Regular Meeting August . 1, 1991 VII. Citizens to be heard re items not an the Agenda. Not 8efore 6:Q0 P.M. - Scheduled Rublir. Nearings � (1) Preser��a�ion af issues by Ci�y staff. (3) Com�rer�ts in support and in t � (2� S�ater��nt of case by appl�carit or appasition: (a) individual 3 representativs (5 minutes), minutes); {b) sp�kesperson for groups �3) 5taten�ent of case by oppositiar� (1D minutes}, �5 minut�s). 6 Co�issian questions. (4) Corrrnissian questians. 7 Re�ut�al by opposit�an t5 myr�uies). 8 F�na] rebuttai by applicant or � representa�ive (5 minu�es). VIII PUnLIC HEARINGS 9. Puulic Flearing & Second Read�ng Ord. 13. Pu�itc Hearing & Fzrst Reading Ord. �5118�9� - Praviding for advance #5124-91 - Reiating to flood refunding of autstanding gas ,ystem prot�ctinn; am�nd���g S�c. 14b.00A� revenue bonds revising definit7ans o� "substantial aj RES. �91-31 - Authoriz7ng improvement" and "market va�ue of th� �egotiat�d sa�e of gas system revenue structure" (�i.D) bonds; Ser�es 1991 �o Smith 8arney� 14. Pub��c Hearing F� First Readir�g Ord. Harris Upham & Co., Ir►c. �5I].3-91 &�5�.1�4-93. - Land Use �lan b) Res. �91-32 � ��raviding far �he Amendmen� �a Industrial and Rh Zoning red�mp�ian a� �����zain of the �For Parcel A and 6: Parcel A ioca�ed oiz�standing qas system revenue bonds; ia Sec. 17-29-ifi, M&B 21.�0� less and Series 1483 excspt those lands zoned AL/I, Aarce] lU. 1931/92 �udget: {AS) B iocated �r� S�c. 17-29-16� M&B a) First Readiny �rd. �513.5�91 / 24.Q3, less and exCSp� tl�ose Zands Millage zoned Al.%I {Bui]ding Qpera�ion b) First Reading Ord. #Slifi-93 / l�olding Co., LUP9f-04, Z91�Q1){FL�) 0 erat�t�g i5. (Can�. fram 6/4/9I) Alcaholic c� First �eadirtg Qrd. �5X1'7-91 / B�verage Dis�ance S�parat�nn Variance Cap i�al I�pravemen� for prnper�y (Britt's Beacnside Cafs) 11. Public Hearing & F�rS� �t�ading Ord. located at 20I S. Guifview Bivd., ,�a119-97. - V�cdtir�g 5' �tility L�oyd�WEtitE�Skinner Su6., Lots 48-52 eas�mer�t lying a�ang E lot iir�e of and Lot 98 (Stanisiaw, Budz�nski, Lots 1 t�ru 6, 61k 4Q, Mandalay A691-07)(PED} To 6e Cant. to 5/5/9i S�b.(d`£asmel�JCity V91-OS} (PW} 16. (Cont. from 7I18191) Alco�o�ic 12. (Cont. frnm 7/I8/91} Public Hearing � Beverage Dzstar�ce Separation Variance Firs� Read�ng Ord. #5145-91 - for Penguin Pa�lace Rsstaurant Ioca�ed Creatin� Sec. 135.03�, adopt�ng a�: 7 Rackaway St,, i�iller's Replat, s•r�ndards attd specif icatiot�s for l.ot 2& vacated beach drive on West starrawater �eten�ian facilit�es; a�d Lot 3(Alexiau, A691�15}(pL�) ar�nding 5ec. 137.01�, reiating to ' site �lans �nd stormwater detent�on requir�ments far davela�ment prajects requiring si�e plan approval {pW) 8/lx/91 � � I � 0 E � . ,. . �,. .. .., ._.' �... . . � ", ....���.. � , t�.� . . . '.Se'i' ,.' . . .,' , _ , �_ `;:ti; :•�z:;� F'. . �, � `� ; � �, � , . - � `�� \ i i . , ; I: �r: I . .' ����`�'` . �. :I.� �• ::k' 1 f+ 'f'' 1•°`i.��, � , �. ,1 . !�' :� . ��� ��. � '. ..,5,.,, �ffe ., t ';, :. `. " "` � �,: . , . iJ �' � `�'• . . i i' , r,�'��.} �wt' �i j :.;:: ;.r�;�3:.,,z-, . �,` �, ',i'� �,q• :'J~,' �,�. �� � `f �s'� , ; .. : � - ,� :>,; . . i.. �; ,. . . . ,. .,: , ��,. . . � ,� � ... . � ; ' , ; . '; 1�.. � : � :� : � ';� � ; 5 �;:F:•. �� t•i�t'.3�1,•� i3;' . • .` ='t ^r� � ' ".: .' . �, !•L'•,31 '.R,•~,� •. :'1 �,��=i�4y s" �• s:' . s . , .t��'; � .. .�y't.�:,;�;r �1: .�;��.:�i. , , ,;. ����.;°<: :' ; : . t ;,'�:• ,;y�.;;c .. i; {�. ��� � '� �.��;n,��,�;: : ;. ;ti J``•[�'� :� •ra's•;�,�, t;e4,a��, � �,1: ��'.�`c ::'s•�'�'�;''���•�!� e '��;;,�'f��c.:.s;;zy:.��. ,sti : +� ,��'� �t;�'��' K 3 „ ;� �i::! ti•?'�'P�,7.Si�ii�c: ,=a !`Y�����II!•� ������ �L �j ;'1 1 yrR,p :�.-�,: il�a '� 1 l��S-,;�'`�F;4 �'���. ^ ;'ci;y;, ky �;� t;�';'"'�',' ,�y . . '}' •F':�ii �; �. �. t ' � �: '.i���' .f " .3' , . i I` ' �� * /+' .. �...._ �., I. _ '.. . � , �� , t '. . , ' � < � � ! ..... ..... .. ... . a � .� ! t . t i ' � . ' � � , 1 . : ,' �,��, � : �� ., 'r ' . . � � , �f ' � '� i , �� 17. AZcohfll�c Beverage D�star�ce 2fl. Variance to Sign Reguiatians far ; Separation Variance far Stir�g�r's property (A�r�um at Ci�a�ruater , 3oca�ed at I8443 an� 18449 U5i9h, Squ�re) located at 6D1 Cleveland St., , , � � i � � i• , . � _� + ;� . , # ,; . �' , i •� . �, ' ; " � ;...� .. �e� � , ,_ . ' �e.:t, � ' d• � }�, �' � � •p:. „ , , s. , .;t: ' '; f- �+=� . =i • .;,`, :;� . � �f`�!d`.��','.o',..ti``,it.��;'.'`'�,'',�E�' ,: .,. ¢.�, + 4::�GY;4.�sk. � ��.` ti � ,: R�„ _. ��_,�: :. �,s�'.�: �;� 7.•`�-,?!��'°.�'Y;,,::��,;�::,1,, _ � .._ '.��'�,��'? ��;; � .=1:•:f f, ` „ �.�� � � l�',?�§ � 4it.��} �'�' :'. . � n.=��';���. �,=."r-ha.'., �':1:;�•�- : �� _ i�� �„�[�, :.l}K. �tii:,�., ' ; ,. �5:� lI.'�������i1=�2.': ','��w11 I„';'%�.�5m :i�c��tr�; : �;,�;�..,� L.evitz Piaza {formerly Gran�"s Gould & Ewinc� Znd Addn., Blk 13, Lats Plaza), lirti�:s 4-S, 5ec. ?.0-2p-16� 1-4 & vacated altey & unsuhmarged M&Bs 33.02 & 33.D21 (Nort�e 5hoppirr ���c� to E(Flarta� Real Estate� Inc. �s�wark R�al#y, Inc. A891-i7�(P1,U}� SY9�-!B)(�I.D) 1.8. Varfance ta the 5ign Regulations �ar 21. Variance t� 5ign Regulat�ons #or property (Hnme D�pat) lncated at property (Rooms �o C� Furntture} 21A7� U519N, Clear�rater CoTlec�ior� lacated at 24400 US19t�, Blackburn's 2nd Replat, �.ot 1(Hotnm O�pot U.S.A.� Sub., parit ofi Lo� 6(Logdr� C'tearw�ter Inc. SV91-14)(i�LD}. Assactat�ton L,P,, SV91-11)(PLO} 19. Yar�ance �a Sign Regulati�ns far property {4imnitt Cadi'11ac) lflcated at 25�91 EIS19N Sec. 32-28-16, t�&8s 32.Q8 �, 32.10 �Dimm�tt 5V91-15)(pLD) P�b1ic 4�earing - Second Rea�iing tirdinar�ces 22. Ord. �a187-9� , Creating Div. 23A 24. Qrd. �5121-9� - Vacatir�g t� 3.5' a� within Chapter 135, estab�ishing a 7.5' utility easement iying an S side r�ew resear�h, develo�ment and affice af Lot il, Blk 24, 5�h Ad�itian to park district Higf�Zand Aines Su�i., less ar�d exce�t 23. Ord. �5120-91 - Repea�ing Art. I of W 25' thereof (Heimnth ti'91-Qq�) Ch. l38, rela�ing ta standard 25. ar�. �5�22-9}. - Vacating S 2.�' of building cade� repea1ing Chs. 13�, 15' ut�l�ty easemen� �yi�g along N i'40, 141� I42 and I44� eiectrical, side of Lat 36� Del Oro �Graves, Firs� plu�bing, gas� mechanical and Addition less and excQpt W 58' roofirry, creating new Art, i wythin thereof {Bie�ncfl 1191-07} cn. zss � CI1'Y MANAG�R REPORTS �X CQNSEt�i' AGEI�QA {Ite�ts �26-46) Agre�ments 26. Interlaca� agreement with Pine1ias County exten�it�g the �ocai apt�ion gas tax ta August,31, 2�47 (PW) 27. Revised Cooperation Agreem�nt with P�neilas Caunty for use of funds to be provided under tne NO�i�S federa�'I hausing program (P�D) 28. Appt�ov i ng fortnat far Agreement to �nt�r the Ynfi�3 Housing Pragra� (�LD) Bids & Car�tracts 29, Annuai cantract �o purchase bt�ck 3408 (PE) pipe to Phillips Engineering Ga., C2earwater, FL, for the periad 8f13f93-8/12/9�, at an estzmated cost of �152,4Ig (GA�� 30. Purchase one Ford F-800 '�ruck with tras� bvdy & crane loader from Mike Davidson Ford� 1ack�anviile, F�, far �b7,966.75; f��tancing �a be provid�d un�er Ci�y's hlaster Lease P�rchase Agreament with ��'&T Credit Corp. �GS) 31. Rescind confiract to Rrooking Ford 7raGtar Company and Award contract to Farti New Hoiian�F Ir�c., iucker, G�, for purchase Qf ane Ford 26��C Whe�1 =ractur with box b�ade and �az�r blasie �or �1$,548 (G5) 8/1���4 2 ♦ • • • i 32. Cantract for rac�f ertgiea�r�ing and design services for seven Gity fac�Zit�es �o Professiona] Service Industries, Inc., Clea�water, FL, a� an estiroa�ed cos� af $35,500 (GS) 33. Purchase Order Can�tract to Smith �ence Campa�y to inst�all new upgraded hacksto� and wing fencing oR the twa ba2lfie�ds at Frank Tacfc Park for $32�238 (P4i) 34. P�srchase af �.ot 1� Blk C, liighiand "i�rrace Manur for �65�Q00 (Haynes)(PW) 35. P�rchase of a'fraa�s 8�0 Rar�dam Access Automated Chem�ca� S3+sten� �or the i�ater poi�ution Cor�trol Laborataries from Bran & Luebbe Ana�yzz�g 7echnolo ies, Ine., Elmsford, NYt for �49,7�6 (P�) Ci�izen� & 5�aff Requests 36. Ranking af pros��ctive cansu]t�ing engir��ers �o prepare a Ppffi� s�tudy fot� the wide�ing o� Drew 5treet (PW) 37. Continuation in uti�izing federai gran�s to fund fihe Community Ko�siflg Resource �oard {�NRB), CAP Ir�c., and t}te NAACP �a co�duc� Cart���ty Reiatians Outre�ch Activ�ties (FLp} � � .,, � � . �� � � � t � � � � ' ',' . : .. ; � . � . 4 ,` ,.. . � '. _. � � � . �. � �, '� � ` . , : ,. . �:�: � . - • . .,. � � ". � . ! . ' � ". f - : � . Z� . � •' , . E , �'. � � . ` � : •'`, i '. ' � ' � ' � � ; _� � ' : .. :t • , � „ .�. , ,, , -.. ,�.f , �[ . , i� ��d��, • f i . ..41, ;,t . �; , ,', �. -'s'{ �. 'r�� :°i ,:�'- ' � � � r'} . ,;'�'', � ` � . !� 1 • i �1r4 I'�`,'✓(1'.�;Y:,'�:�'(��`� . : '. '. �-,:�` �r , i �i.�,.` •,!4,;,, . ';,y�.t, =�� ... t.. �t�3:.,•�.��•SV�., � •�7•',�.i��� "',t�;i�'r:�..;�R"� �i�,�;��:s d � :i "`. : �'�'�'� ,�'���3)f�:'. i'��''' -;, s•. �}=SY a i�'a�r.: .:.s •.1' 4' .i f�1 t j'., j�r ' �i��w�r � ^. . ... . ., :�.....r»�_..,.. s .. . . r+�' - :''. . . .'�z • 4� �. ., !. ..!��.,JW'cd;..i�..'.j. 'F. , � ' . . . . k' �� "•" ' lr�{ J :�'r� y , ' 1 �} •4•:i•Yf. `1�� : ��'� f 't � ( Y•�'F � l•�Y..�: ��ff�h1j, tl�t ��'�• �i�y'��; S "C. ��l . . . � i :'l� i.;l� ..i.•'�^.:1��� .� R,k.�^1 •7 � ;�. .;r '��`� ;,�•` , , s'e` , i :°; :'�: �:.Y.',��r.. .�Fr�', o. `� -{�- �� yt �� 'yf.�1 �+s:;::' �! 'F . k,�:i,; �,. . ��� �.1'..J� '' 's,.. :r .�a : L "rg >�f r *,�� � �E", r i ,j; '�F� i! .Vrr' �.�iY2k•' �;'i , . . �h E,t l� a�♦Str;.h'f�,l.Y «+ ,A. �:' . j'.�� . . I�.�''� T .3�j . .� . �'�� af, w1:F�'��1 j'}�'. .4��i •:A' !�f•'14a�'S `A� � . . . '�, �• ���1 ''E. *1. '�j �. }C� .� f� .,;..}; ti( . :;�,.�; �,�. 4z.�c' �"-':� y '' �-r��,.s�:�,.,�� ,s�:�< . �7�`'':i :(f..4 w �..... t " ' ----�..�.....�. ,.._. .. e^ • ..,,� ,,�. .. .f.?{;,>_ '.r '� , �•�.�.ti�`;J' .. , � �r � ,l ' . �� - Y • . a� ' t��F;)`:x[*�'1i`�''�a5v�7-' �=:�s, \ .� � ij���s..•�'.r. ...'A, ..�,. . . - - -- -- -�m��� , , . . n �� .l.I�i+i • '� t � . .� , i , � � '1 � • ' , �� . -••,;i • . , � . �J , . �,:` . , � ' . . . i ' k. . ' :, � , .. ' � � ��;4Ut,YiNti::-'t�a�i.r's�,.... .... .. F` . ' ' . ,i. . � , . . -' . . • f ' � . . �w . � . ' I i ' � l ' • .� ,f , `. � : 1 , , ` , �r� � A � � � Ct�a�g� Orders ,� � 38. C.4.�1 to the 199�. 5ubdrairi Cantract ' increas�ng �he amounfi by ;59�995 for 4 a a�w con�rac� amou�t of �199,7n5 � � w�tn Suncoast Excavating, Ir�c., : � Oxana, �L (P�I) . � , � ' . � . ,� . , � . �• . i . � � . � ' t !{ t S.; � . r i i 1 i ( : .• � ' ,� � . . •, • `� , y� , ; � •,., .� . � . . . :j . , •.,� �. . � �. � • �. .. • . , � �� . ', ' f , t ;,i. ' r .� . • . ,- ,,� s! . I: �` . :�� �' � , , �', ` `, ' . . ' _ �. . ", }.. � ; . � . , .,: ; .. . � �'_ , S` ' ' . � �.; s� =� .. ., ' � �:�1�- ���� i � ?, .>� ,:�``; �,:�;s�,,• '•+ '+ :t;..�:.f":r'�.�;' .�,°:;.�; t�.f.'"�1`<<<�i� Js�''.. �,' �^ti��;y!'-`:l?�?:';�•`r. �� .i�' 'i�Sr, :'5:4:�M����`.i1jr,�{. i'Yt"\�: �,� .4� �,� 4 ; ie: ; :.� ^�.:i .V . ��-, . �� ,i{ }:iEfs.��•'. . i ��•�� �S '.'�l. S' �� � '�{°l, ,4� `�rYS�P'>. t .r`�. . �:11t .. . ^�. 1_r,. . _ �..,i:' ,... ' Plans & Plats 39. Preliminary 5ti�e P1ar� for Un�on Street United Methodist Church located at 1625 Ur�7o� St., Sec. 2-29- i5, M&B's 12.a3 & 12.a4, 4.88 acres m.�o. i . {P�.D) Receipt & Referral• 40. Annexat�on, l.and Use plan Amendment te Industrial an� iL Zoning far a par� of 5ec. 1-29-15� M&B 34.272, 2.�0 acres (Jnh�san A9I-09, I.11P91- 1{1)(P!D) 41. Amendmen� ta Sec. 32.15 concsrning tMe 5ale or Service af Alcoholic 6everages {PLDj . ,.... � � . , . . . ' , , ", . � ,.�, , : . � . , . , - . . ,' , . . ` ; :. . � . � • , ' ; .. ��t.{a Iil1l. � _' t'i�� e•:••: .. ' �. � 1', :b�. r�.� • '�) ��� t•�� . .. a. ' . .il .1i " � .r�.,�r7�� �f��il ' . � .(!.� ' � ' . c. �1�!' ;'Zi'. :'� . ii� � . � . .. .� ' , � . 1. , i', � ��C..",� 1,"l�.y� �.1��•i� . . • '�,:},-.".'Y I.'.;' . � . � . 'j •�?_.� �.� ��1'i�) , , . . . . .. . , . . °'i, � ,,'r° 4�r) , �•, . . . . , . . , �;,�_,�:_ti �r�'i.. � � . . ' ' , 1; . � ' . ' . . l . " ' • ',��I ,,�1'1...�°s�.. � . . . '`1.�.1 � �R.1 . . • .� �.... 3... ....:1;....,....�:'T�:''�':.:��,'ti.:.�..:..e::,-,v. -�... ..�....t.n • '�,�. I. . � � , '��.•.�'. . � • � ; ,` � � ' , � { . ' �' ��k.. F � • • • . �s CIiY AiiOR�tEY Agreemer�ts, peeds & �asemer�ts � 4�. First amendment of easements wi�h , Fldrida Pawsr Carp. �o the Ci�y for water supply we11s in Sec. �8-29-16 �+�.� S' drainage, u�ility and s�dewalk easement - V� 5' af l.nts 201 thru 2Q8, ' Mar�in s�de Es�ates tlnit I Sub. (Beth Shalom}� 44. Dra�inage and ut�f1ity easemsnt - NW corner af �inellas 5t. and S. Ft. Harr7sar� •Ave. {�Inrton Plant Naspital) 45. Water e�senien� aver partion of Lot 2, Clearwater 1"ower Sub. (MAS One �.td.� 46. Right-of-way easemer�t - W 10' of Lots 8, 4� & 10� and portion of Lots 1, 11 & 12� 81k !_, Hibiscus Gardens {Cornmuni�y Pride Child Care Centpr of Clearwater, Inc.j 0 ' X UTNER ITE�15 QH GIT�I MANAG�R R£P�RT 41. i9g2 E.��isiaiive Package 49. Center Foundation Hoard o� Tr��tees - 48. Lanq Center Baard of D9rectors�- 2. 2 appojnt�nents ' . appointments . XI Oth�r Pending Matters CITY A�'TOR«EY REPORTS XIF Reso�utians 50. R�s. �9X-30 - Ueclaring intent of City Commission re�atir�g to tolls at New Clearwater Pa�s 8ridge and autharizi�g the C3ty fi�anag�r ta execute a �ettcr of understanding � with F�OT � XIII Other City Attarney I�ems XIV Ci�y Manaqer �erhal Re�vrts XV Other Comrnission Ac�ion 51. 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Years: MichAel 7. Waters Charlcs 9, Esposito Sammic G. Rayncr ,�-Q Ycnrs: Jon RusscIl Hcnry Jnncs Jnhn A. Wa.ltc�n II Johnny B. Brown ?�4��s.: Robcri I. Bckkcr Raviewad by: Lepa� � 6udqet ,._ Rurchasfn(� Rfek Mpmi.._.� �15 ACM Other gu�7ittlKi ity: C�ry Mattiap�r Pnlicc Policc DOA5/Utility Custa�ncr Sup�on Parks & RccreatioR Parks & Rccreation Gas SysicEn P. W. /Utilitics/Sanitntion PQlicc Origlnuling ilept.: , Pcrsonncl 1±4�r Dept.: Adv�rtined: Dalo: Paper: ❑ Not requfrod AHociod panloa ❑ f�oilfied ❑ No1 �equlrcd Coeta: i'o1a1 Current FY Fund�ng Source: ❑ Capl. Imp. ❑ Operating ❑ Olher ' ApproprlatEan Cntie; Commisaton Aatlan: ❑ Approvad ❑ A�tn�ed wlconditions C7 i]anlod G Continued to: Arinchmarta; ❑ Nona � � � r. P� � ..� .-s�;;.i r - uf�' y i�. 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':!• ,.! �A !�� ! .". ." y ' ' .',y,' •<�,' '.c . 1�� : . k`e�45��t;;j't'•�.` ' ��'�, � � ,"� .� '�,' �a;��<.:�-:��,:..,s�,; TO: Mayor Rst� G�rvcy � .r .,� y 'yi;:•�; � ; �:, � �: , , ,� Y. !��` ;}��,� _ �t � � . °�: ^ ��;,; ��.; � � `, FROIvI: Betty Bl�nt, Confidentia� . � � ; `E � : Y�:' ' Clerk RecepE�onist , �+;� Ff t:�:;�-. �� ..� ' � �: `•]y�w^ �;,':'.�:':.+ C.'�pT "LS' t'.1� Z' ; .1• `��'� � � ,� . y ommissioners Michael Wrigh`, ' u ;i_,�'ti� 7�;���;�;1 � � Cyndie Goudeau �$ '�r.��.���'` . , . ..r., ,s:$�;;� � SUBJECT: � � .,',"f �f?-�,'�9�;�;��.�j� Presentations at the August 15, 1991 City Cammission meeting `' r •�� rr,� - . , �"k'��� �{ Y'°`f' DATE• � . ,�` � �t.• ' � • � August 15, 1991 ��� `: The fotlowing prasentations will be maae at the August 1S, 1991 City Corr�mission mee�ing, i,� , ER E PiNS 1 S.Y.� � Jon Russell, Parks and Recreation �n� . 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APPiiQV� MII3LIT�S AS 5i;Bi�STTTxi} �Y THE CITY CLEitK ' ;,;Yf;d• t:t�� �,c, ;,?: t) , � '�". :3%::iFi'�t:;ii•rat4'}{l�f�' J�.�'. . :�. ; �,-F,,,�i; ;'�,'.� :•,�,v.,.�;' ,,,s�'��,Ye,e; : . ; ;'r`,4M,�:.4,: ;r,; `;i•z6.�i�7.j " � " .,,.k'•r','?7 'Sta :4 �,� ' i� � •'.5.,- t�t�.�,�'1n�st"�i�,���,'i�)�yHT�.ti.. ,�'�'t .,t'1 . '�f .'�.�.. K •.. �. � �'!.� � ' , f '�� � {rF � � -•,'�,'.�=�>''�fi`"��.�'.;�j;:�� ��4��:�': .`''�'. '- q And 4fi�at the app�oprlaie ofificial� bc a�thorized �o execute same. ,� ,5:4 . s 4 {'° :�'.': r, r ���:��4i.�.?� c�w;� �..5�.�� �t.;t.�j:,�: _... re.;`.,�Y.r�:.�t'ii ���'•'�'1C:'`i�.5n ;1V��Ls.y'.lr. . , 5•.�!'r iYh ^ri1f�} �e.'b� .:�'' '�'i.`fi'�.'. D� -:,:...r^:4x ;,.�:��: ���` ::�:�•�. BACKGR4UN . > � � ��.� ' •} , ' 'ti'.i.�..';i3';''�'�r',r;t'�' � t'ir�_.,i, ,�;s :N�;�.y�f�,r'����,:s�,.,�;�:� �'�'j��,.'.'.IF'�- _ ; i=�:.i%}� .t}�i�.��,�� :�,�,(v�,i.��i, �I.�t'. � l,w-,-'. ci g�i ;�;;,.,;.�SE.i�:,;��.,,�•,;::i..�x:'�::;'.;';,';-,•;;;�,�:�.;.. Subject minut�s were submit�ed ta the Commi.ssion with regular d.�].y m `7 �iTl,�Si}74�'�;��5�'�-j,�s' '. .. ...t.F.,is K�i:.��;�.:5�}fr iI{, t=� '�. :s% ',1} 1}i : � : �:.: ;ti . w'' � ! � Commission Dispasition: 1. Apsarovid a: ReaomtnerxlsdlRrni�d/ConGitianaf :Z. COptIRURd LQ � Submittsd by: City Mana�er Dote a �equentln� R�tarence . ,... . , ' • � � . ' • ! Advertise�d: Dae�: PoDSr �Nat Rsquir�� Follaw-up Action: pAlfnctad Casts: partlea Fundinq Sou�ce; Notified p Capltal Improva- oi Meetlnq ment audqet Clr�ar �squ�r•d Q Operot�np Buct�et ❑ Other�____.._�.,_ Orlqinatinq� Depariment: Approprla4i�n Cade C3Atto�hmen�s; � Nori� � � 1° ""`:?�:;3i;<: �`=i�ir}sr��4; ' �•��r?.;:';..', xi+:t ��.?: �w: .1.. 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V�Iong; .O���cer wart z�;�... � p �a • ;i;;-�:�'''�'�'�' .-�, . ,x'w r �:: %�� ..; 'ir ,' ' r-�'- . ,:r �• �i� r � ;� , L�� �. ��• �� �'. +=?' �'�r��; } '_�. ' • j� . �'� �r�:, .., e. ••��- 5. } ,•t�w `��^. ,;k e.... ��' �;��;:;��'•...,,��;��"•R:'{<':���;�.�'.�;:Ft.;.'� � s[7B,��CT: Say Na to i]rugs �'PS�i.va]. Presen�a�.ion Check �Beiore � F } t ,.,; _rt,.. f,�;; .,.,;,�¢ ° ,,�: �,>� �'� �•, � �� _ ;:���.;:����`.��:�'`��t;�.,}F :��-�: �� i,'.,;�:=1'� Ci.ty Commiasi.an ;a: : ` '� " rSt.rjq'�.`.'•.,....v3 i'��'si" •.Ey,t�•._.'�f �.`.�t"i:? ! §.f�'._,_ .�.f ,.:. <._ :i'�� l��:e,€r . `S�``; i. ^:+\ .?� � ;!�.=x s � DAT�: Jtt�,y I2, �99X `,��1; As a��1.1ow�up �o our xecent Say No �o l�rugs F�s�ival. i.n _.� �� � �� �� -'�r % �'�i �°��.t CaaChman Park, � would like to �rrange under, the ca�egoxy �,:.��.�., ;,��;i:;� of " a-�ax �d i're�en�a�ions,'� �or the Commiss�.an �eet�,ng o� Augus� 15 � G p.m.� a presen�a�ion oi a check F''`"''� (re he profa.�s of the festival� �rhich w�ll ba �';<'�,;:`, made by Caro2 Warren on Y�eha�� of the Downtown $usin�ss r i::.: Crime Wa�ch and �he pola.ce Depar�ment •�a the Ser�oma C3.ubs �`°5` of Clearwatex. ;.:,�¢.� � The pxafits �xom this �es�,ivaJ. ars gaing to purchase a tota� o� 2d8 "nx�ug Free Zone" s3.gns �ha� wi].l be distributed �o schools and pazks thraughou� �he city and whiah will be i.nsta�.l�d by reprasenta�ives of the Sertama Club, I wi11 have� Wayne Sha.lor, �he Pol,ace pepartmen� Public Information Q�ficer coordi.nate with �he �acal media upon aoz�f i�mativn tha� we can g�� t3�is presentation re-schedu�,�d �'ar the August 15 Cammisaion me�ting. pleas� advise. 5RK/1h i. � , � �. ,� . , . ; , � ' � � `� . . . •, . ;� . . � . 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Box 4748 Clesrwater, rI, 33618 Dear Sir/�;am'n: � Please allaw this letrer to representi my request EQr a short presenCati,on befnre the City of CZearweter Ci.ty Commission. The pt�r�ase of this request is to present to the Comm�.ssi.oners an on�going program �aZled Youth $uilders� which is nan-profi�, and loCated in the City, which wQrks ko put black youths tn work� And back to school. � No more than 5 minutes wi11 be needed. � Let me thank y�a in advance for your he1p, and �ssist�nce. n � -..� . ..1.%'.�.., •��.' -,.,,_.M ° , . � � ,# • , ^--- �r-.- .; . . . . ,. .. . � .,. ..�...�,.�. no�- c� ��e� w. .... �.�.�J` � .—. - � ...Y ,..�. ,�' �r \ . ��. .,d; �,� ,yt.5�+.�i?^F:4'(�•.!i..iy..;y,�'�Py: •s.?':'�f:�h��..eS.• r:�a.. . Z. ., ,. , � . �, .�.r.i� ,.... -.i..• - .>�; �P ,'.Fy�.aliVt. .��': neV:a.* .��.�....,W.i �:�. �,F:�i.�y ..y�:v'�'". ,..+.f%7�'.Mrrs�;+, eR�(�tt�}�" . � y. ,r. �:;is, , 'i:: yf.� :� . .,. 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Y��v,'�L, =•.f.:"i..;i�:f:�L:.'��`-� .. .. ..a F L,..iV i�, t� F'' �...ti.,.., ,-„• :,+. ... �RDINANCE NO. 5118--91 a i'� ��.�:.,, . ;,::, .��°. .}� �. � }'- �,'���,���'� ��. s�"'�', c,�; ;„ `�� r'� � � !� �; '��r•�.r:;`Rg t;.��e�r ,1 ,,�. '�f��ri F..',1`.:�j�+.';•.�.,°• j,��j. 4^�1' . ': �;.� ;'.; .;�: i�' `, , �':=: ,: � ''.;.�.,�,`.,': AN ORDZNANCE PROV�DING FOR THE ADVANC� REFUNDING O'F THE �r.,�.�'�y�r`�' ;•� �> , '� a� ! , .. 5...;. ' , � '- ' ''. t , °l,�S'�-'r{€'ii�/�G�� � •}3'i i�t.i, • ' ;,:s;;`;�`;;';`,°�`��•:;=;�.'`>;'.>,�• '���..`� °'�., : QUTST�I�iAING GAS SYSTEM REVENUE HONDS, SERIES 1983, 01� THE ��;::��s�;��:�w��, �p ��'� '�c;��=j�g�1,� .;,��,':;;�:° • ;:'. ; ;.�'�`, ����y � CITY �F CLEARWATER, FLORIDA; AUTHOR2ZING THE �SSUANCE BX �'�. '�� Y-h •'` . �� ��`" �'.;��'� �'�'���" -�r `t'� `�t'''�'� THE CITY OF NOT EXCEEDING $9, OOQ, D00 GAS SYSTEM REVENUE `�'�u� ��s• t�Y -`-~�"k°� `,��':��,.'',���"':° :`'`'''�:_:�"�;.� , BONDS, SER�ES I997., TO B� APPLi�D TO A1�VANCE REFUND SUCH ���� 4�` `� ,. ., � ,�:� � ' -�'� � � f �� `°��:ts`�;,-r, ..�• C s�''' `: -''� � 4� :f�l��,-'1i m C�o �� ;'.��&f�:�� =R�,{;;:;};'� °;.,:;! •"•:��`" �UTSTANDYNG OBLIGATIONS; PLEDGII�G THE NET REVENi3�S OF THE ;.;s ,' +�; ' �'�: °rv��:`,::� �.";����° ,:>t����,: S S EM TO SECURE PAYMENT OF THE PRiNC7�AL aF AND INTEREST `€;'����'�;, .� :�.�, � : x,. ..r w".�i��i�•.Si� .•a � :,j . � � Y , �� (`'''�''''"��'''��:�`.` �i'' ``` '��`�'` ON THE BONDS PROVIDING FOR THE RIGHTS OF THE HOLDERS OF '�"Y�=��;'.� �� � '��'"ii:'>��`'`:s;'.;;�;;���:; ;��;`,:;:�t:r:,;1„���� Tf3E NDS; f x �RT H T IN E •,�f;�' � � �.�:�,..,�:r't,� ::,: ,.. .. BS] PROVTD 1�G C'R ATN OT ER MA �`ERS CUNN CTION •.��-�� µ �., s .-:;�=i ' x. �•� �` z <..t,x-.. :,•r�,;�;.�: ��.; : �;'�_ , ; ' :i.;���;,{�� s.;. <3� 3 k'",t ;�':;,..,�'�",��^_; ,� ,s;` �•��;_�:;,�`��•,. -:s:' THEREWITH; AND PROVrDrNG AN EFF�CT�VE DATE. ;� �, � . .�.t;�:i' '�r�viiST.L:�ri: ''� y�'ya::t}'"zi�' rii�` � S �i•i'. ; i ,�j: ;. '1 f!_ �' s • � _�; ` :'� ��tiw�: +(� y'�. ?.:., :1'� .' itk' ��;�,h`S'r• ,':`.•i.:i.i:• ;. . r• J g . � ,p�;' y . .�''... :y^•:k�(,°L'• . {r �r�,:S'y • iZh.` :� . �.�4`t � 4 y; �. � ��r� S}Y,�+y�;}j:hi\: 1�,�+•�+'yt�i� s�.�� � � '; .'�,�����;_ •'s =�,Ir;' ��:�;�" khf"'' '' �"' BE xT Et+IACTED BY THE CZ'I,'Y C�MM�SS�ON OF THE CZTY O'F' r�'�*��'��" 4 z �t �:. �'�i �� t�d:::^ �„,:: 'i � '. «A t 15�. ^�• ,.Y .+ r � : i 1' `� �; . : . ;�;'' f ; r i;`; :�'i��'z•.��y��.�;'+ .' .- ;•�' �' . F � CLEARWATER FLOR�DA as follows • ,� , '• � ,i `tir.;i,' '��f :s }'C�� s r • �, � '�f���t'i�4•" ';��;�?,=ti�� t1;r,�;,�:h,x� ,,1. � �4 i"rV"; iF�',4iyi �;7�°.-`.:��I��::'.;;�;.",�r:-.t;;���°':7 �'ii k h� � ��[.. ,�;;`,�',ti -'� `;;;?:��,;� 'y�s: �€� '_' �,;�� 4• �;.� Section 1. O T o S 0 CE. This Ordinance is �t+'� ;��r�'�'� �'� '�lt .�„T �i'1,�. � 7� Y�:;: .;,�p,7. Y;.S�: ��� j� ti r �•. � �:' ��,�;{';t;:'3�,'f�,r�`;`ta'�.,,,,:t'�z�',.�;m.:, enac�ed pursuant tq the provxsions of the Act, hereinafte�c deEinE�3. . '��a: �„,�}; ._ e...:]':..:�'.z!..�..9 ��+i�?"i�.._.._.:.... . �i t.'.'� �s -:i.i�it§���� _�� . . i. .� '�;i �:., :%`�..�'�'..� �' _ T _ ' r Section 2. D• 2QN . The �ol�owznq tertits in this ordi-- �� �� ��� ;� �-:'�. t�������' t�' �� 4 ;., sf. nanca shall have the fol�owing meanings unl.ess the t�xt othex�wise ';�i,�� '� Y� �i= ' e�sressly requires: �:h�•*.����.�z :� �:y- ;�'',: y:a`�;�'"� �� ; �; ,,: , L �., 3,`,� `:�� . �.>; r ,. c� r° , �: . ',�;:�,�. "ACt" means Chdptex' 166 � Part IT, Flo7rl.da Statu�es � alld oiller ;''�,�Y�� �` �,� r�_. :;�1��E<.� applicable provisions af law. � T?;�w����� ._.. ���`� :;i.� "Additional Parity Obligations" sliall mean additionaZ obli.- :� ;��`, gations issued in compliance with the t�rms, conditians and =,, �° la.mifiat,�ons contained herein and which shall hav� an equal iisn ',� ';�`�' upan th� Net R�venues, and rank equalZy i.n all r�spects with �he �:, ��; 1991 Bor�ds. , =; ; �;:, �: .- ��.�:� ,� . �j "Amor�izati�n installments�� with res ec� to an Term Honds o� :�:��: -�r F����:'a�f� ";� ' � Y 3<a.,�,u�,tii.?i,��,�:e ,� g 's����. ��,��E7��':?,�! � ;� a�er�es, shall mean an a�noun� sa desi nated wh�.ch is estab�.ished p f°� �. ��� for the Te�rni Bonds af such seri�s `��;'�i<t::�:r?��:K�:� '��;`' �. , p�avided that ( i) eao3n such �r t .<;�'� :=;�' i; �.�f >'`� E 4�` a �x� installment shal.l b� deem�d to b� due on such interest or principal ,,:;T4 .,�� .� � ,..�. �n � �� ��:P- , � maturity date of each applicable year as is fixed by subsequen� "t��t��,, � � �'�+- ' �: �!' }i r, Ia..��j,�1:1L�i:i . drdinance or reso1ution of the Issuer and shall be a multip].e of .�� '��� �- �. :. �� 1S5 � 000 � and ( i.i} rhe aqgreqate oE such installments �or such series ���a��:� � �''� �:- p•., �� ' , � -r Yv sha1.1 e aZ th� a p �� �,�tw4 �ti�� s', - �;�::� � qu ggre�ate rrincz al amour►t o� Terin Bonds of such =.� �1� �;, series authenticated and delivered on original issuance. ;�,�����. �, �.; .' "Au�horized Investments�� shal�.mean ar�y investment authorized undez applicable Flarida and United S�ates 1.aw. "Bond Regi�trar" or ��Registrar�' sha�.l mean the officer of the xs�uer o� the bank or trust com�any wh,ich the Issu�r may from time to time designate to per�orm the duties herein set �orth tor �he Registrar o� th� z991 Bonds. , "Bond S�rvic� Rec�uiremen�" far any Fisaa� Year, as app}.ied ro the 8onds of any series, sha11 mean the sum oE: ---,., . � . .. _._. .. _ ... .. .-- - - � - - - - :-- - - - �- -- - --- , ,- - _ � , . ---,-,-��.,,,�.,,r,�-.-....--. .. r , .. � � � ; a� ,<� �L,3._"„�;�'^�eL. •_.�.}•w��.,,yb,.r.y�,r...�f .i�.�..3.� . _ i f:. , � � h,x .�!_ , �`,� ��; :1 � . . , ' �r" ... .-,� . . � � �'.s . �ti,Mr.r. ..rn.�.nr,rr. .�3" i([;.�p`..o,«.�y. �. "� rrF• . 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" ' ,'� "'. e �.` ��iii.� �;� ;� '�' , � �,�.; . . ; ���,�.r . �„' �'�� ��'�•' � ^�� i'� ',. ,�+��' ��� ��'� � •r; ;°'iY;��c.�f;•, �i;.,:�k\1::;' �j: ,k�: � � t� ,t;.z ,��'�• •�,`'.5��l1•�;,�..'t:!=, �;3` e�.;~r '::..�.E:`e;;..,: fy�u�,__.:. �: ,.�' ..�;. ( Y) The amount required to pay the interes� becaming due `��� '��:s::';'':';.��;`:{:;;;i;��°:'. '�;�°,:�`., , on the Bonc�s o� such series during such Fiscal Year, excep� to �he �+�+j`�, .�.�.,... .,.. ,. � .. ,, `�"�+;`" � � � � � � �. ° .� � � , extent that such inte�est shall hav� been provided by paym�nts into . , . �. , z��.. . :,.,,- +- ' ' �, '' ��' `�� 1 �he Sinkin �iind aut af bo d roceeds tor a s eci e '•i7� ,�����°.�".,;f,`�,;';:',.�_',:;.° .:;; �'; s,���'' ;'� q ri p p fa.ed p riod of ;,, � �f�?..°,, ,�:.�#'�••`�,-;;.�. . ,;;, •,, i .a .� 4.e 'k' �1� :''�''. ��! �'i �liile. � ;��� „��f�% � �:�_: • i, . Y.�. :� �� ' , i . ;,;, } � ; .'1:,:. .i� `zl �� �f.�yj,�.Y•':,�' ', '', .` :• �.#!"i L 'I:t : 1 . ,. �,�' ,'j"'� .: i�' "•_ �,- n' •�;;�;��;'; �.���;�' {2 ) The amount required to pay the pri.lcipa�. ot Seria3. F� s~� '��r:,`�:�::r��;''.`,''�i`; ;' ,;;`k�:'�s'' �,�'=�`1� Bonds of such ser�.es maturing in such Fiscal Year. }9 �J ',7: '� ':{•=�:E'��. '��� _ r,,� ��.v��lr.�, i� ��.�. �' � l� ' '»t� �. '"•� ��:' �� � " r�' ,' I4��s' �••• ::'�Y. �, . i�,�54 ° ' ��%`�� ? � ::�'�.`�;..�`>� ;;j ; � `;;..r�„' ;' �;: ; • ���;�. ( 3 ) The Amarti zatian Installment for the Term Bond� oP �.��1� '•t,i;ti:�l:�;;�t:'�`ry L::.; ;X''�,•.';v,f+>::.�,'��''.' `'AS't �` �._,, ,r:tif;',t; ,7�:;:�. ::� :;;��..,;;;:�,.,,>t�;� :.'.: , such series fo� such Fiscal. Year. In com�uting the Bond Service ,_ � R=a�...:w'ti•...+.'.1\ •.:F�.�a'•'ti:; � r a , 1 � ;��,4;�i?��{rrxZV`+*'i���4,��. .y.�; �•�,;�.: o:,:,:.�� �, Requirement for any Fiscal Year, thQ Issuer sha].l assume that an Y; � ;;-;'+:�'�°�°,�°��:%�;�Ty�'3`�'�F�� ;,:'�����`.,;�`�. amount aF the Term B�nds of suah series equa� �o the Amaz�izat�.a� `��n{ �. �. �'�• .. .,�... ' E; �����``��°'�l�'x�;;•:� ��"'�° :''r`"���:��•=-� '; Instaliment for the Term Bonds a� such sezies �or such Fxscal Year °�3< '! ;-,�,�.,,+�' :��:?,� .,�.� .;��',;':; �°i. ;�;;.;�? i ;;�:;���..�:d'•�� ..:-�;�;�::°, ��..��::�:��t,,�:,�:���� will ba retired by purahase or redemptxon in such Fi,sca�. Year. �n � +:;'l'Ii ki�F�`~?� ^:ki?',?��f;.-+�4 ",=°`tik'£.''�"=%;:�` t•� ' `• fl �z. ,;;,�,��;,�, ,.•.� � computing the Band Servzce Requa.z�emen� for any Fiscal Year for � �Ys�''`"'•"� 5�' �•`�1-: �����'r•' •�'i':�Y��~�,; Bonds o£ an series the Issuer sha].1. assume that an amount oF the rt�' ,�r�\��'v�'�ii��'=�,'$'-2�. ' S r�.�'.F�,L=;': : Y ► ����z�`c-r'���..;4�=�•_�,� _.. ;�����;h: ;;;:�.;' i�, r; Term Bonds o� such series equal to the Amor�i.zatian Installmen� for ��-��r' � � �.- '� ��i�;'�;�s'3�,; . �:; : ,3,�i.;: i�,i�l,: ;,; -�• �,;,�:`=-: � �, •.,., : ;it {wS� • rf � �tsnF�� Y'�: -� ��K�f ; ' ::�; r' l�'+�.r�ll�-� �he Texzn Bonds ot such seri�� �'or such Fiscal Year wili be re�ire3 hy purahase ar redemptian in such Fiscal Year o� �hat payznent oF such amount of Term Bonds a� ma�uzity will be ful.ly provided for in such Fiscal Year. When determining the amount of principal of and in�erest on the Bonds which ma�ure in any year, foz purpose� of this ordinance ar �.he issuance o� any Additional Parity Obligations, the s�ated ma�urity date a� T�rm Bonds shall be disregarded, and the Amortization Installment, if any, applicable to Term Bonds a.n such year sha3.1 be deemed to mature in such yeaz. "Honds" sha�], mean the 1991 Bands and a21 A�di.tiona� Parity Obligations. "199]. Bonds" shall mean the obligatians af the Issuer authorized ta be i.ssued pursuant to Secti�n 6 0� this Ordinance. "Capital Apprecia�ion Bonds" sha�Z mear� the aggregate prin�- c3.pal, amoun� o� the �onds that bear interest payable so�ely a� maturity or upon redemptian prior to maturity in the amounts determined by reference to the Compounded Amounts, all as shall be determiried hy subs�querit �esnl.utian af the Tsauer, In �he c�se ot Capital Appzeciat�.on Bands that ar� convertib�e tn �3ands with interest payable prior to maturity or redemp��on a£ such Bonds, such Bonds sha13. be considered Capa.taJ. Appreciation Bonds only during the per�,ad o� time pri,or to such conve�sian. "Cede" sha].1 mean Cede & Co., the naminee af DTC, and a�ny successox r�ominee oP DTC with respec� to �he Bonds pursuant to Section �.1 hereof . "Cc�de" shall mean the Intarnal Revenue Cod� of 1986, as amended, and the zegu].atitins and rules �hereunder in eEiect �r propased. �` T+ ''1.: . 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Campaunded Aiaounts shall mean, as of the aa�e of camputa- w- }. ;�;iM,���• �;�,, ° "' "" - ,:*• '� tian w�.th xespect to any Capital Appreaiation Bonds, an amaunt `��=��=�,_ •������.. � ,�r. : . . , ;; i;� �� 4.�� : ; y',... i:�S r �� ' � ���� ��� • � � . � equai 'ta the princ3.paZ amount of suah Bands (the pr�.n �ipal a�aunt •;�';�_; �Y�:� `;���'�' �' � ,',iJ^',,�'.;?`t:. ��•� . ' . ' . � .�f�l �� j�.t E';y�.-.`S1 �'Gil�... �:°.���:.;�;�,. � at the date pE �sauance7 plus th� int�r�at accrued or: such Bonds ,.r;�:i���s���{�`�rfr�*R g; '-�� � ' � tram the c�ate of original issuanae csf such Bonds to rh� Interest ^{�:��<�;� �;�;��� ;�r•.,s , • '�".r� : . '�;,.,,�.. ., x '��� � '.,;:• Payment Date next precedinq the date ot a�mputaticn or �he date o� ( ,:� .-��,��;z����� �� Y' �� ��,`- '� '{A computation iE an �n�erest Paymenr Date, �uch in�eres� �o acarue t�'���:�����,�� �'�¢ ��;;;�'P; f: �-:����° '�F� '�"� �, �`` � at an interest rate er annum of the Ca i�a� A reciation Honds �'�,'��"� �.,�`�����• ���s _ . �.�, ;' �' � ; `� s��: P P PP ► •,,y�;�.�`�;� � ��. � � t���_:�' w�. �.�,:� �r"�;�: �i;,'� ` as set tnrth in the resolut�on awarding �he sale a� such Hancis, ;�:;� �.4�,� ,�`E �` �� ' : � •` . �� �.<�.-� "���:�°-':'•:� ,;.'c:' �:�,:.�:�°�� �� comp�unded an the interest payment dates of each y�ar, pxus, with -���`�s:���,� ��' ��,�', . +-w� , � � ,,��ti,~�,���,,�;�t`��„`�:�; ':.�' ,` '.., respec� ta matters xe7ated to the payment upon r�demp�ion ai such `�Y'��.��`�� ,�� ��; .°.:,�;..*�=''� �;,.`=?s ,� .' �+ � ��r r' Bands � if such da�e o� computation shall not be an Int�rest Payment fA�����"_'�� .�-k ��: � � ` , ;: �� ' "- ��� � , , . ;` . i z����'Y<. ;:.�i� �." �-�. Da�e a artion af the difference between the Cam ounded Amaunt as 1 �`�� `F ry� -i�c � ��'� i.F���_ ; �.. _ ' , .��'r i' r P T,,�� ' f,,4 : „- : � ' : •�:: '�'` y `_ . � I.�u', 4 � f l. �. ' ', �3. =�fA` �_,�-� �: • '<',: : of the immedfately pr�ceding Int�re5t Payinent Date (or the date af :��1'�,'��. "�� �';� ; � 5. ��� n �y L: n�s:l'� . r ��5, � 1 i ``!� ';��;�; -�i, ':s;�,}ss=:s t�;;�;`` r,;, ,7 ariginal is�uanae if the date oP campu�ation is prior tu the first w�,'���1 � ��: P� '� ., '�� � �,3 ��� � '� ��t;.�'���� ���,� '-� ' r°� ° In�erest Payment Date suceeeding the date oE o�iginal i5suance) and :;�';����`�`�� �} `•� � � S: ..t ;1, "i-j-. ,1•Y`.�' ::.:,'..:=.�,��' � � �.y�� : .. 1• , f n�.•,;i 4 � ,.� �r. , , r � 4,,f �'�-4 { : •. `r�'`���• L;� �x�''f•ti R? $�'••• •. �'F • . Y�� �he Com ounded Amount as of the immediate1, succeedin rnte�est �,� �; ��,, , a ,�.• P Y g ���; �4��,� ���. � ��'�;; "•;•����`{1" Nj;?�� �";��; .:-` ��.���� Paymen�t Datz, caZau�.ated Y�ased on the assumg�idn �hat the Com- �w�>�� ��� �� . :,�,,.,.,I,'' ;n�5 7 ;. ..,E1/e' S�Yi ,'f.! s.I�: ``5 lf-,' ���z,r`4�.�'Y\��`� ounded Amou t acc e dur a e a a ou t ,��. _ .'f w'�i;: .. ��<�' ,�,> ., ' P n xu s ing ny periad zn qual d�tly m n s an `� '���+� �'� � ;a:;,:,. �r•,�,�:;,:_.�: +^;.,,.,.,:.;� ,:.'., �j. �� � . ,f;:,,�����•�;,� • 5, .,', ..��Y�� the basis o� a year of twelve 30-day months. A�able o� Compounded :r'����'a ;�� : :�- �' � ��`��4y�`',;,•�`'����'' ',+�+.i4^15r"5�. "'� Am�unts �or �he Cap3.tal Appreciation Bonds shal�. be i.ncorparated "`�=����o = ` �'�'��� 4 `'.�.',:,'y�'t';r,d�'.. ';�•�;; � t`� � � �',t��'� i '';��• .�2r�- �Y';°.; ':"- ' r,i '�• • � ,��:. ,.��ra, �e�,;- :.`'-���, ;.;:: ;: - ',`::�, in ths r�so�utxoi� awardir�g the sal� of any Capi.tal ApQreciation :;.';�:;.�:�•�,�� � ,�,�e.�,. ,. �_�5�ti:;*�;���;�.��r`��;�:.,s,::.., �5.�,,.; �,;. Bonds �:.�s�s��'L�,� �� -�:�. �� �p,� }.�; t `n � � �+�''i='; '*� r:��'a�i t C t ?;f;i,ke .zk e;1 k ,,Y tit �yf �R�2�'���� Yt�° '�}� f '��..��i , . ^:s;:=:.:a;f:>3 .��-` 's!�y : �, �;��� '��}, ���i�'-;�:'�'.C���<;,;�.<;�i`�''�`;,'�-.';:.•'- �'ConsuZting Engineer�� shall mean such quali�.�ed and xecognized `s���,'�`��;"{�,��T'�r���`'� •; ;<<.��, ry;�e,�•G�° }:.,-..-.. '�'r`�i,:.:•:`� ��i�'•' ,�`�"�"�'1`i'frY��:�r � �;"'"'�� ; .�.�-�,� sr;�`°t::r.s ,;L+���Y�, :,;, ,< : �ndepende�t consulting engine�r, having favarabie repute or akill �`>,;:��;,: � .� �;,��� . ;4;�'F{S °:��(�''�, �.i�`" ',:4` a�d xp ri i c wi'th resp at to the acts and du�ies � b rovided '�':;��;�4����"'�'� � ...ti��"�.�;;�ft..�.; �.::,' ;t�'<,�:�*:::;��,::1; e e a�s e, � fl e p ,.rh;.-�,��,��;��',�.� �,. �:,,j`;�.3,?:�'�-:.'r� t'..;`;x'3.t:;�'w����`•.j "? z.'� ta the I�sue�, as em Zo ed or retain�d by the �ssuer �a perfarm the ��ss�i�rlr ���y:., • '.�" • R��:��. �� t.,5`i.s , .. .Y•b�'e•'.� � p Y .��;"��i�y� �. t s�t'�. >i� .. �,'}�:•;� : �� �.,�':�� �`;�,,`:. ,��+�,�� , � nd carry ut the duti.es herein pro ided. ''� �:-�rti`:,��xL°''�'��'�:�i�;� k. � r,- �;, �;�r � a ts a a v . �, �a � } •,z. t� ��,� :; : - t�� 15:f ��'����"r� �S��ttl'�j A,�+9�':�1���.i���'��' .'fi: t4�. i- 1(' M' y �ui�:'Y�.`•" r' , ���;t.r.,,�",��,?f! `•`isi`. '.. ...•.�,'�:{��,i.�,.�5�,•��.�'��:7k. : y� '�t i ��` ; :r �.ts>, � , t �.T�.;;�: ��s��=��,�,�;�:�.,, >s�;,:��':. ,::?.r }. "Cost af o�ratidn and Maintenance" c�f tMe 5 stem shai1 me ,:•6��F��.:..��s�.xr;�r�•.�,.. .. .-it.�}'S=.; i�.,V. .=,,,, :� s p X an a13. curr�nt expenses, paid or �CCY'L16d� for the Qperation, main- tenance and r�pair of a11 facilities o� the System, as calcuXated in accordanc� with �ound accannt�.nq pzaatice, and shalZ include, withou� limiting the generality o� the rorego�.ng, insurance premiums, administrative expenses of th� Issuer related so],ely ta the Syst�m, labar, cost af materia�.s and suppliPS used Ear aurrent operation, and charges �ar the accumulatio� o� appropriate reserves Eor current expenses not annua�.Zy recurrent but which ar� such as may r�asanably be expected to be incurr�d in aacordance with saund accounting practice, bu� excluding any reserve for renewals or replacements, f�r extraordinary repairs ar arsy al.,Lowance for d�preciation. . � "Credit Facila.ty�� or '�Credit Facil�.ties�' shall mean either individua�ly or ca�lectively, as app�opriate, any band �r.surance policy, se�rety bond, letter of credi�:, l�ne o� credit, guaran�y ax other instrument or �nstruments that would �:nhance the creda.� a� the Hand�. 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' ' " ' �' { .�.1,,.:,:;,r`:�'�`',,,:,'';_;'"`���''� �• �;���,;�' efATC" shaY� z�ean The Aepository Trust Company, New York� New ;:��� e� ,` °.;,:`�.'. ;�'''=:;.`.i�;.,;����-�,'_;''.�:`;�,ti: �,�,,'�: ,-'' Yark, and %ts successnrs and assign�. ; { ' ; r� � �''�'��'�"Y.�}�,'i��s:..� '<�-� ,r�.,�,' ,�'�� r �� � �"j` ;� i '�;`�r`+'�`'"�p�f;'�;�;'���;_'-'•� ;.��;�;-'`.;`: �' nEscr.ow Depo�i-t Agre�ment shall. mean that certain EsaroW ��'�� � �s; :.s`�;��'�:�'�s��:.;�%`:��'�:;;'. `��;'��;�;;j �:�''�'',`� Deposit Agreement by and be�ween the xssuex and a bank or �rusti '�� �' ,.f. �r:� s. ,r.<<7��:� �, '-Y, 1 � •+� t `�.�::"i°,^ r`t'5:,..� :f .� .'n `�k, f •''���. -:��; ��'s����r�^ y'' �Y1r<'r'` :•���' � company to be apprnved by subsequent resolution o� the Issuer, �or .;,x � _, � ;=wj�"''`��''`"'!'<`�:;�=`-1-; _�=�`�'.���'''ti�`� th pu p s f prav d�ng �or tha payment oE the Refunde�d Bands, � ;>v ' :,.:�: : .,?�.- b,�. ,�:�,'=. e r o e o i � � t�,�,;;.�r';'..�`,'�,;.,`:�`���;��^-`'��;,�,'.'�.;�;": .:�' wh�.ch ag�ecment shal� be in sub�tantially the form attached hereto ��� ' . V �"� '� ,�::'i�> t�i„c$�u;�,f�#',��°` ,`,-;i;,,}:;`':�.�t„: �°;<. a5 Exhibit �sA" and i.s hereby �.ncorparated by reference. �' �� � �`�, ,E;:.�c, :. . ;���, •r.� ;, � , Y ;; �.�,, �: �,.,.:r �,..°y� J v t ., •. pj..r.�a 't�. ;� .,.i rf y�•� 'i` f „ •`t'' '-:.�°-:`;�`ii�`'�''43.�'',�,c:Y�;-'`;`'`'���';?�.;�.� r�Fedexal 5ecuri.ties" shalY m�an c�irec� ob i a� o s o h {�"�G� <. � s_�,: ..�►�,,;• +�-.: ,..��� 1 g i n f ti e � �� ::�, {•�_ '�� '" ,: °�'a_ �.;:�;,;:, �"- r,��. LTna.tad S a�es f Amer.ica and obli ations �he r c , `E,. ��,.',:i�'�";�`'��'i,�l:;�� .';���;.�;`'�':,;:���;�' t a g p in i�pa�. oi and }`� fi�� .� '�'`� `,•`��=:-.r���'��:���'"�C'.� r:''�'.,�:=='r':;',-.'-°`�r:::`•�',- i n t e r e s t a n w h i c h a r e t u 1 1 u a r a n t e e d b f c h e U n i� e d 5 t a t e s o f �_.- . [��14 _ R% �• � ,:� ...:�.�. � ,,, �,,, ' .y�'tr ; ...j�i.: s�' r. �.�r � ���` �'+.'' � � �� ;��• ��,���,`�. ` ; ; r., � •,�.la ftil�s,:�..::.r ;,:; � �' .�.1 `4„'s qi1 � �. 1?�'F, � Y g Y Ameri.ca, none of which permi� rademptian �rior to matuzity at Che option af the abligar, and interest cn obligations of �he R�solution Funding Corparation. "Fiscal YQar" shall mean the pera.�d cammencinq on Octobex 1 �� each ysar ahd continu�.ng to and inaluding the succe�eding September 3ci, or such ather a��ual p�riod as may be estab�.ished by Zaw as the Issuer�s fiscal year. "GaS 5ystem Manager�' sha11 mean �he Gas 5ystem Manager af �he City of Clearwater, FZar�da. "Grass Revenues" ar "Revenues" shall, mean all moneys reaeived �t fro� rates, fees, rentals or a�hex charges or inaome darived from �` the investment a� tunds, unless o�hsrwise provided herein, �sy th� ,'� rssuez ar accrua.ng ta it in the aperation of the System� a12 ca3.au�a�ed in accozdance with saund accounting prac�ice. ��M��'�{t�� �� , .j;...� y�I�y��� "..�.�.� i �if � ti.yi��L1t�• t�y� w�l w,'�L`���` i ,� �'�?#~ `�J;�; � �;��'t� { �4, y ��.�j��K��� ;.' 4 .'' ` , i'�,.}' :,��3`x44 ��r��5..'.:.:*; i�•s'6r• �_C ;��� s ��k', �'� .'. {,�,'Z'1� +;.,,`...•�;•'•.: ��,a1�•i:.�. , 'f4r`',li.7�,'•`�• : � j r�� :4:,• •` f - �r� . ��SS,r'S - �'~,(,,���, ��j'.ic �� i"�M ! •'f.:R .., ., ,, . "Ho3der ot S�17ds" ar "B�ndholders" or any similar t�erm shall msan any persan who sha�.� be the xegzste�ed awner ("Reg�.s�ered Owner") af any regzs�ered z991.Band, as shown an the Bond Itegist�r. The Issuer may deem and treat the person in whose name any 1991 Bond i� registered as the absolu�e owner '�he�eo� �oz ths purpose af xeceiving payment of, or on account of, the prinaipal ar redempt�.an price thereof and interest due thereon, and �ar al1 othe� purpases, "Issuer" shall m�an the City af Clearwa�er, F].orida. 4 � � 4 .� �� � �; i � �� �.. �� 4 '. ! t., ? �� � . t: , r! "__ f..,. k� M 4h' � ��.. � .i ��'� �i }•y Y ��� � b'v.i ar. � � �T� .�,. a ;�1 �.. •',�R , � �f`h�!.) r.t"�'7 �,h'•tR"'n,.y�tt�1-�Y�"'+.•{�. '�r"'Fa�M°�Y „1 +F �.���M��.!�N.�vw+-. �,1r an .{. •i � r /•• S.[-'4�. . i.�. �1. ..Y�•� • .� .'`t• . .'h� Gf:�,.�. �f., .;.�...�. 1�� .s . rZ�n S: ����� i' � � � ' .� . _ . � � i . . � . . �. . . t• � . �� R. ��y,�{ 714t�Fi , �'� : {, . . . . . ' �� i .'�i; � 1:.ti ����:yv. �', a �I�A � . • �- h" �l�, ��.� �;3 {��$�4v�1 . ..�i� �-c�� '"K'� z�wM r'R`'d'�'� ,`S°. . . . . . ' �.4;Y.Y. � � �.Ly, t..�, �i� ��' .�} i"ea�r�' 1'��.t s'`.�;� �;;i1?J d �:1'�.jT! "'1�hy�1. 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";�r ��; �>T. i5,�•f.`.'r.a�i ��ri:.`:� r y� Y.tf : <5� i �; � �`• 's,;rZ s�`•; S . " ;.. �y},r t � , i ' ��. �1'� �.��,�k`�,� 4��j�`ty �. �'�t,���`�`:.. i'':�'•,Y;�:;��.�i �"�,�.�.;�.1.�},i:.'«lrI'r':,�i� �,. ;`;;:�p.,ae�,;��'� �:es,�,'����'� i�'.;-•�.•�7ti .rrnh:V:: tte. 1 , ��s?�,� t� i �f�i. {:d.�I� �•S'.L%.r, '' �`i �.:��.'ia �,r:,�Y�d:�,°,C.?�Y�, �. :���-` j'•_.h�zf. .;it"�•� ��' ,�x`� t' , ::�;.i i•4,`fl r{�' �1 '`-_��, IY�'] r4;�: �� r;,a=,a `::�'� � i�'i�� i "Maximum Bond Service Requirement�� shall mean, as of as�y particular date Q� calculat�on, the gr�atest amaunt of aggregate Sond Serviae Requiremen� Por the then current or any fu�u�e Fisc�,1. Year. "Net Revenues" shail mean Gross Revenues less Cost o� Opera- tion and Maintenanae. ' "oxdinance" shall mean this ordinance o� �he xssuer as herQ- aft�r amended and supplemer.ted �ram tim� to tzme in accaxdance wi,th the proviaians her.eo�'. ��Participants�� sha11 mean thase braker-deal�rs, banks and other financial institu�ions trom time to time for which DTC holds Bonds as secuxi.tias depoQitory. "Paying Agent" shal� mean the of�icer of the Issuer ar the bank ar trust company wha.ch �he xssuer may Erom time to time, designaCe to serva as �aying agent. "R�qi.s�e�ed Owners" sha11 mean those persans whos� na�aes and addresses appear on �he regis�ration books, at �he point in time when registered ownersha.p is t� ba determined unless a cvntrary intent is clear�y indicated iay the contex�, maintained by the Bond Regis�rar. ' "Retunded Bands" shall mean the C�ty af Cl,eaxwater, F1.orida, Gas Sys��m Revenue Bands, Seri�s z983, da�ed March 1, 1.984. "Reserve Requ�,rement'� ior each series af Bands shall }ae as determined by subsequent resalution of the ISSU�r. The Reserve Requirement for the ],991. Bonds shall b� the lesser oF (i) the Maximum Bond Serviae Raqu�.rement ot the 1991 Bonds, (ii) 125� af the average annual �ond Sarvice Requiremen� o� the �.99]. Hands, oz (iii) 3.0� af �he net procaeds of the 1991 Bands. "Serial Bands" shall mean �he Bonds of a ser�.es which sha11. be stat�d to mature in annual instaiZm�nts. "State" sha13. mean the State nf Florida. "SystE:�'� sk�all mean the comp�,ete gas sys�em now own�d, operated and maintained by the Issuer, tageth�r with any and all asse�s� improvements, �extensions and additions thereto hereafter constructed or acqu�.red. "Term Bonds�� shall mean �he Bond� o�f a serfes al� af which shall be stated te mature an one dat� and which shal�. be subjeat to ret�rement by operation of the Bond Amortization Account. 5 i` ' . s.;Al ��;� ' i � i� il%: �<< 'Y. ? 7.� .� � # i4 f :t�-� ;•. � f .� ;�z� ,�.� 1�, .1 i �.� �F',� i i y, ; �. � �• 1 i .; h:; <<.. } �_.� . �< s ., , .��} ; _�� :; ,� sa �• , �.� �, .. �.�. >: -� �? � � - _�_ _ � _. _ . . � . .� . 5, ;aVN.r� +n1,{��. �l ��!'w � 5!�tlr�n'L`• d�;�;tt;'I:�'' , rn^!' , .. . . . . . � l. s' � . . . ' !' ' . . � . ..' � " . ° . , � n ` .�;.:�. � . . . . :iyc•1 _G �1,� • .� . . �' �. .. . � - . ,r 't'"3' ,'4�A�� °'; tr'^f`i; ��,,� �,_��''�-.. �{� : � � '.� . ��;,,�,.f� ,,r�,rr - •� C� ,�,�'�, ��, "� e�y¢rY �a,•��L�F'��t°.�SC!�2E,.f„���/I3'. ���; l� • . ' �!. . � . . 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FYL? �'. ...f. �'4. _ • )';:i.�3J�f.�i�i; 3 ' i'�`�� �`�.�3';Sf,«}it' � 7'k•b.'t%t;:. i���.�1.:4.Vi�."tieF.Yjrr �1 �.��.i��� 4," y' : ' rl4 � �� , ( . . , ... ` ^ F�T.1h.�/��F`����j,'l��:4�� �', ! ��':'��t��%��.��+"�i'K'"s�+ .�'F.:'�:.��j•,�. :� .r��, .r.:'L ' .,r.,,E ' .f'r''.i^h';�.r�<x'*1,�r�i� 1X�t.:Y! � ' ��:.,:. �' Section 3, � �7xNGS. �t � ��,:�,�;:: ��;���: �s�:� , �-��' �,�_ i hereby fcund, determi.ned and .,;� f; ,'.-;;,�l..��,i? ��;�,: ;.,' . �,�.- �.. t,���;'�'.�;� '' :;� = �.,�.,. declared that: ��J;.,1�,�F�tJt�<,1; �`�4,��Y� �,� � . ',;,,.�,. ,, , , ,. �y; kk� '�.:s`c � �'�' �..�<�, Y;'�"i�` i'�a���,'��"�,�t�� e°�' �'' . .'>i: �'`• '-s- �. ; = , A The �ssu�r has pxeviously issue t ' ���';"��"�� t``r` �� �? �5� '� .,,�. .F� 1r' :;��,; ;.' �_ ( ) d he Refunded Bonds �: �� �. -•�.�. �� ..., � .�.�?�. ;j < . : `�. ;t�` and deems it necessa�y and �� i,ts best interest td �rovide far the � ''�<dsii . � '�. ''' �''', nd d onds. The re�un n ,��` ,�� �`' `j' ;'�_=.,s:�:' ,,'.-':..'�'� ',s�•� reEunding af the Regu e B di q program h�rein ti�r�:� ���. � ��,: ��� ,. � :,.; � '`��'�;'('�°'•��' ;. `•'.��: `�. described wilY be dv � eo s �. k , �,.;' •;2�:�.,:,. -`,,��,,_ ',• a an ag u to �he Issuez by reducing debt �~~;::�.'�a��J� ;,f ,t r7 i :'.,i} ° :, ;•i '�' ,> , �z {" ! �,' ; i�. {,i''.b ,� � j �? �f °i ��'E _�° ;�r;;;. ;:,-.. ,. service payments owed by the Issuer and by rpvising certain Germs �,j; �,'�" "'� � 4.•` . :f: � 0 ';�.. �'� . , �� Y b• Y� F �`'•���^>1�F:: `:,`-�`�:�:ryt��:'�� ����;' ;+: and nover�an�s previously mada �or the �enefit af the holde�s a� the :��������a` "�' �y �' ; r ' ,�'s�; ; _��, ;is,',_,`' �^,;'=v;��•� : �,• , ` ;�:,�,;,N�:, .„ fr,�,.,,. � `�,,.: Refuhded Bonds, to the advan�age e { ���� �� �s�'�' �,, . . �" o� th T�suer. 5. , ,_.. , , '` .��,',y�. • = •. � � a�� �+ ��`� , �� "1� `. :1ii�wi�iY. ' c��•'. . `;.'.,' . :rtL•u: a}�' ` �';`��o<<R"w,n,�4YG�;:•;�:�;�� o- :��. �� (Bj �'rom �he procaPds of �he 199� Bands and o�her f�nds :f'y'f�'r���}' '. ,�'" �. Y .. , :i' ;•�'� " ' f�� �j�l ��:'�::�,?':�' ;�•�'•';��j; �`-!'„�•':��' �����„` ava�.lable �heze�or there shal� be deposi�ed pursuant to the Escraw ;;;s��}�'��. � ��� s.�.� •�;":���;Ij�,�v;,E?;:,f'`��:°.�f�'`,�;��{�'s����" Depos�t Agreement �a sum which, �age�her with the principa� a.nd �:,;�M=��;�, ���� ' ''�,' �'```{ ,,•� :.�:�; ��'';;;;;;:"�`-:� inaom f c t e b p rchased pursuant to such 'Y�:x����� .�� '� '��F�• •-�Y" ' -'°'���''� ��-•' e r m h F�deral Securities �n e u '• ��'�'' • � � 4�, .zai�:.=.'��i•1•:Y:'�'ilE�,erj0. %�`�;ti'! �� ty� . F .��::' �;r=.;'.:::�:��:•r�-,�.:�:,• ��:s� . ; •`f=,� agraement w�.3.1 ba �uff iaf ent ta mak� '�imel a ents o� a11. �'.��;x��� •.a,`. ,� °r � . � � t:i z:;;±` ,,. �,, :.F.'�° ','1�h ;;i ,'E�,`�;�t:, f" ; .. •`�� ',s. �jI',, ` i , . 4 i.� . �. ; �r?�.t.,Z�;�, j.,�� ," �If''• 1 .� , 4.� :i.,'l :,.;� ;'tan: � presen��y�out�tanding prinaipal, redemption prernium �t any, and i�nterest i� respect to the Re�unded Bonds, as the same come due and/or rede�mable. Such Eunds and principal and income �ram investments shail alsa be su��icient to pay when due a�.l expens�s, i� any, d�scribed in the Escrow Depaszt AgreQment. (C) The costs associated with suah refundi,ng pragram sha11 be deemed to inciude l�qai expenses, fiscal. expenses, rating agency �ees, expenses f�r es�imates of costs and of revenues, accaunt�ng axpens�s, rnunicipal band insuxance premium�, costs af prxriting, �e�s of financial advisars, feus for escrow structuring and ver�.ficat�.on, accrued and capiialized interest� pravisa.ons for �eserves� and such other exp�nses as may be necessary or in�idental �or the financing he�e3.n author�.zed. �';� (D) The Revenues are not pledged or encum4�ered in anX `;:' manner except for �he prior payment from the Net Revenues o� the ; ��'�� principal oE and interest on the Retunded Bonds, which pledge and ''° encumbranaa shall be de�eased �z,: pursuant to the �e£unding herein ;;.r authorized. (E) The pxincipal af and interes� an �he Bonds and al1 required Sink�.nr� Fund, Reserve and other payments sha11 be payable solely tzom the Net Rev�nues derived from the opera�ion af the 5ystem, as pravided hezein. Tha Bonds sha11 nnt constitute an indebtedness, �.iabil,�ty, qeneral or mc�ral. ohl.igation, ar a pledge of tha faith, aredit or taxing powQr ot the xssue�, tha S�ate, or any p�litical subdivision thereo�, within �he meaning of any cons�itut,iona�, statutory or charter provisi.ans. �Ieither the state of Florida, nor any politica2 subd3.vision thereof, nor the Zssuer �ha�,I be obligated (1) �o ].evy aci va�.oxem taxes on any pr�perty to pay the prf.naipal of the Bonds, �h� intere�t the�e�n, or o�her aasts incidental. there�o or (2) to pay the same �rom any o�h�r �unds a� the Tssuer excep� �ram the Net Revenues, in �he manner prvvided herein. . . ,. �... �. � . .. . . - . , _ .-..,, � � . ` � .y � .; 1 a s: c � �� i�•� . 4. 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"�:r{��'S;y' � ! � 'r�; �.j" ' � . �,'` �y�..s,..t; • � . . � s . ' .' ' j1� 11 f��� cfi`.���., ' �, . v,.,.�,�,i i''� �=�`• '� ,1 . r�i1'�Z�� �'�c.�L�llhsYwYK+ra'�,.3teo...�..... ..._...._ ..... ......... . «.,..,......a+. n.�, ....�o-.. ..,.�...,.-.. ... , o. . ,�.. ... .. .... .. . .__. ..._ .. , -. .. Y.:... �.:.:�«°.�:,x.rr��@►ti�'' ' 1` •l.+i ,,j.` '�.'.';.^.�� ' ' � � •r� ,k�i� �'k`� •�t'Y 'f� . �f r ' �}� • • � . i ..Y �. . .�5� i` � •! �i=..i{� �1G1.5' � � � �..� � � ��� . .:a : i.' >S. ',l, t .� .+'.i' . � . . , � �x..tf���f�it'':'�i: 'j'° . •'3 �!7 .. C.t�i�. . � . .. , �,=.�!'"�'t�' .� ��'�-' #�� � The Bonds shall not cans�itute a�.i�n upon �he System ,;�,'" . •" .-.;; . ,.7,�;xy��,,'�.��I� � �' � I ; , t �. + "'"''3-� ' � or any part thezeo�, or nn any ather property oE the Issuer, but �;�, 71.: t � `� ° , : ' , a Y' ;.' `• ,' . . � . ��_�',..-�-�;�^�'.��.�:.�`;' •���'� shall aon6tittite a first and pr:�or lien only on the Ne� Revenues • i=� , ;; ; ,'i,R�, � , '<ry . '' pi,'.�;t�,1{sg.• �,4�, •3i �3 '°. �: in the manner pravided herein. ��};=3t: ::;{`�:{ :,i.`�:.�,` ^, i,?;�` ; ;:�.', .•;� : a:r::�' . ;'.�,.� ,A': , ., .. '•:�• :�.�� �` �',' ��' ,.� . :4����. �,' (F} The �sti.mated Net Ravenues �o be dera.ved from the ;>:�''�'� ���``'� �''� `�� �Y � s'��' ``° operat�,on of th� System w�1Z be sut�iciant to a c �J:r{;, �,;rt�, ..,';�_ ' rt_t`::•:��:.r P 1 a�]. prin ipal of "''=;.��;�;;�,�:�,�,�':=''��'�'� �"'�'��^•�f�:��"� and in�erest on the 199�. Bonds to be issued hereundez, as the same ,;'z�;;>:;,s,��.f{,a,�5�'.;.``;.~,`� �''�`��:`� �" `:'� �, bacome due, and ta make a11 required Sinking Fund, R�serve+ and �..� ::��< � � '�'r�;r�-=� ";;( " �,' " �".;,�'�:�` � other payments required by this Ordinance. � ,; J ��'¢'i. .�e�.: .„�.1 � � }:; . ,. �. �p1�S�!,r�.t,Y a-' � ' ���,'�%ti 4 �i' •I.I�.,�• `.. ia", .li:`_,�i, ' i.: �`�" `'1�t� '3. .,. � �;�'li j'„+1�,�. �. _. '� � R�`s��f'•;�,�.�,^;?`<., �"�� �{.;. �ectiOra 4. P��1'�'HORIZATIrJ Q 7 G. �• , IN There is hereby T.�Si ..i"� Y.. [:�:.y1'y. `. F3;'�, �:tic � c�. t ... , �r ,^`±_,,`,�.�1 =tj,;��;�.� , r;:•,;r,_,:?;; authorized the refunda.ng of �he Refunded Bond� in �he manner �.�� . , ....'�4�_�;t�:{N?;��.�:���.�"b3v',,'.�•ii����4�"i:s':fV�n.. pravided h�rein. � •�: �� r�4., t' s'� ., �„ �T.^.: o� �I ;�. > ' Section 5. TH� O�,L1�N�I� To CONSTITUTE CON,��C,�. xn con-- sideration at the acceptance of the Bands authorize3 to be issusd h�zeundez by those who shail hald �he same ir�m time to tima, this Ord�nan�e sha13. be deemed to be and sha1Z aonstitu�� a contract be�wee3t the zssuer and such Ha3.d�rs. The covenants and aqreemen�s hexe�.n set farth to be per�axmed by the Issuer shall be for �he equa� benefit� protectian and security of the legal Haldexs df any and all o� the Bonds, a1.1 af which sha21 be�o� equaa rank and withaut pre�erence, priority or distinction of any of the Bonds over any other thereof, except as expressly provided therein and herein. Section fi. ��ORx�ATION �F__19,,,��.�BO�pS, Subject and pursuant �o �he provisions h�reot, obliga�3.ons of the �ssuer to be known as "Gas System Rev�nu� Bands, Seri,es 1941" herein defin�d as the ��1s91 Bonds" �re authorized to be issued in the aggregate princ�.pal a�naunt of nat exceeding $9,000,000. Section 7. D�SGRIPTI�N OF 1991 BaNDS. The 1991 Bonds shal.i he numbexed cans�outively, trom one upward; shall �e in the denomi- natior► of $5,000 each or integral mu�.tiples thereof; sha].]. be dated; sha21 bear �.nteLest a� a fixed or flaating ra�a not exce�ding the maxxmuzn rate allowed by law, such �int�rest to !ae pay2►ble sem�.annu�lly on such dates and in such years and amounts; ar�d shall mature in numexical, arder, lawest numbers fir�t, on such dates and in suah years, and in such amounts a3.1 as shaJ.l, be fixed by xesolution ar ordinanae of the 7ssuer adop�ed prior ta tha delivery of the 1991 Bonds. Tl�e 1991 Bands sha11 be issued in fu].1y regis�erea �'orm, wi�hout coupons; sha11, be payable with r�spect to pr�.ncipal (and Campaund�d Amount in thB case oP Capital Appreciatio:� Banc3s) upon presentati.on and surrender thereoF on the da�e f3xed �nr maturity or redemption trer�af a� �he v�fice of the Sond Registrar; shali. be payab3e in any coin ar currency of the United States which at �he �ime of payanent is legal tender for the payment oF publ�.c or private debts; and shall bear interest frcro such date, but not F -: E � '� ;�.�.: � ; i-,;... .', , , �y:':i.,}��'`";a{. .�, . , . '.!"' :'r �:1.. , , ` ��i' . . .. . ;`'( 1`'y'"`'.' . � � �;;s : T i'� ., . •� .1. �,.� °�.}� � � , ' ! j +`t'�1.. , � . . • ,' •' . . 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' . . � � • • . • ..�;;�,F;��u;_i�+ ,� - ,wY��,,.',,. ;�c`i . , . . , , . . , ��Y;fi���2Fk$.Z.�'r�.tl�}.<'5 y °� �J�...,� � �J��, '�Y . � � . .. , , ' ' 1 . . , . ' ' � • . � , " ' . '' ��'�:�_. ���tilA•t'.�t�1.-�tri;��`�'���� � �, ,t, ,. . . . . , ,. ;�). . Sy f,:��,t �� . � . . . � . , . . ' , � � , . i ,��:s':f'7�,:.3��K5�.� _�•iEI�..� �'l'�,.;� . . . . i � ' ,' , �til.:�,,�.,.�y3"�y.�y+�At'.�. �.i. '1:. ��, .. . ` � . ..� . � � . . ' , ' : .r.'.y • t T r"�"� � ' �j'{t � +: _ rt. ' ;,': ' : . . 3 , . . �T ' ,����^ .rt''i ::�i 1,���...,t. l ` .. , , ., . , 5 °I ^3 .`°� f •�: �L., �. ' � . � . . • � . ' . ;` ..�;�,`.�`_s5•,.,"�: '�� k � ` . • � , . . , � , � ..,,;,i t<; r;; �� ; �,:: ., : -.f .�''�. , '•'' 'i;f';,` � , t ' . , . :•r`� ';:� �, , � i ; . . . , , z ._ . . .'�:^r,.='„e1,�•, t, . , e'. :_l,t.�!1'µ';'''a.,�t;��,'�� , r:� �: ' . . . ' � . . . ti' - •N"( e.. t �. - e . , ' � . '.S.i e 11 . .'�S .f� � � � , ' � ' , �11 . �•t.�i', '�_'!: � �� .,��. . , . , i_¢ `S�f � l�� � ' ... . . . . . � � .. ... .. ..... ...- ... .. ,E` :yl�'.�'.�s���..d . . ' !'y'ri' �'���.�,� �,,:�1� ,' �'��:, ., .° .. � . `, ', ,-�� ;� .'' ,�,f ,� � ? �- ' 7 .�' �,.�V�'.'.y'' . .:F��s�rY. . . '� , .. �, V�� „N*�...;;.,, ;,�, " . ,� ��;�ri�'a �;'"'•`: :���': ,���.. �• earli.�r than the date of the 1991 Bonds, as is �ixed by subsequent ����M;`f `y `''�=��`��'° '.'�' � resolutian or ordinance of the Issuer, payab3.e in accordance w3.th �1• = .S 1�(,r�iL�9, �� • 'f' 1 • , "'�x� � � ���` - ' � 4', �- � � and pur�uant to the �erms of the 1991. Bonds . ��,.. `,� � � � . . :r;,,�..; ���: i .4. ,' ,.y ���Iti.Y::.�,'"�' <� : c �• �'s• r' �E� "r�4�;;, ;±r;; i,-,,;�`�,,.. ����p�; � Interest on �he 1.991 Honds which ar� Current xr�t�rest Hands ��: .;:.•,y�. w-�-: ; � �'�_: „;,� : :;`t�=�,,°F;;,F,.:_�; ::�i�Y�?;, �, sha�3. be paid by check or dza�� ma3.].ed to the Registered Owners, s��'`?�,:� "� :'���'� ���--;� '? �` ��d � at �heir addresses as they appea� on the Bnnd Register, at �he ��;���'' '�;;,"°:�fr.:�;;":.`"i�`� ;'j,?���,�',;.� � cZose ot business on the �5th day of the man�h (wh��har oz not a .,;.,; ':� � .,. ,.:f?�s: 4 �. ... ,, f,`• ., : ;_;...':::;:�;;��:��.:�_:,���r �,:� ..:i, . business day) next prec�d�.ng the interest payment date far the 1991 :.i� ',�;,ir.i. _P,.�i:<<';• ;,�_`ib•�i..;�;'. �:;::''.��r::s��:';�:;�•�t:�.� :�.,;',=-���::; Bond� (�he t'Rec�rd Dat�'�) , irres�ective of any trans�er o� the 1s91. ���� �'`'��ti� ����" �` �'"�`�'� "� Bonds subse ent to such Record Date and rior to such interest s ;�, `.:��r� :�?;s y.�:s' ��t' �.;` :'�:,,�_�; r. � P ,;�,s,�'-��'��"• °•'�t;`'° �-'w.•'.,y� x a ent date unles� tha Tssuer shall be in d�fault in the a en� ,; r J,�: ,:.:;;•..,:�� :'' :,.. ,. P Y� � p Ym �'��t4,S,,i'=`":�:�k":;^';�=: ��`~ •r;'��;;:;;, of interest due on, such interest y�a ent date. In �he event ot an�y 5; .. . ; Tr;,.��1��1}�!�, �"`;���;i C � l -'�'��" ��`'r i-`::`� .��,.. "� such d�fau�.t, such defaulted �nterest shall be payable to the - : r.,s,�_:4,._E..,.... :;: . ;�,�`.`;:�f Registered Owners at �hQ close o�' business on a special recard date .`��w:,.� for the payment of defau3.ted interest as e�tablished by notice ``•�`"`+� mailed to the pe�sons �in whose names such z99z Bonds are reg3.stPr�c1 ci:5 �5;:.}t'.:;., at the alose of business on the f�£th (5th) day precedi.ng the date ,�ro�� _�� of mailing. ,._.,.. ::��`''��s+�'?'�s.:�-;` It �he date foz payment of the principal of, pr�miuni, iF any, '` ' •�,�j'� " ��"; F'� '•�.�<<• ;;�� �F��'= �� ox inte�est on the i99i Bonds shall be a Saturday, Sunday, iega�, ;i�.i�'; k"��_:'��;..}',;;., ,� -'� -�•;;f;;;"'.`�3.' haliday or a day on which the banking institutions in �he c��y �,,r � �., ;,.: .,r�;: .r,. ,,�.,.��� :.,�;� F,;.�,��;;ti;;�:�, wher� the corporate trust office o� the Paying Agent is located are ,•r'::�~�,�:.�:`°`!'��L autharized by law or executive order to close, then the date for r�{�'�( y... n.,��;..:,:a ��>:a r��:,.:'.•�.z"';-� such payment sha].1 be the nex� succeedxng day which is not a �, rt�,: , ;, •._:.:�:.:y: .,:;� ��°,.;. �.u,-.-<_��, �r , Saturday, Sunday or legaJ. hol.a.day ox a day on which such banking �f{:. ;��:����•.t�.. Jr„�r .�� 'f::; ;' institutians are authorized to cZase, and payment on such date ���'.�T���"iz�-��:��� sha11 have �he �ame force and effect as if made on fihe nominal date %:t�"d y�:. r :��{^:i��a}��; .�=i4s �'.•�:;a'���.{_-�'4<;� af payment. The 19��. Bonds may be issued ar exchahged tor 199Z Bonds a.n caupan farm, payable �n�bearer, in such form and with such attri- butes as the Issuer may provide Y�y supplemental resolu�ians, upon receipfi of an apin�.on �roin a nationally recognized bond counse]. �hat such iss�aance or exch�ange will not cause interest an the �.991 Honds ta be incZudable �n gross incame oP �he Ho�.der ,�ar �ederal income tax puxposes. Section 8. FX��UT�4N 4F �ONi7s. The 1991 Bonds shal.], be axacuted in the name of �he Ts�uer by i�s City Managear, caunter- signed by a�s Mayor-Cammissioner and attested by its City Clerk, and its official seal oz a�aasimi�� thereQf shall he affixed �hereta or reproduced thereon. The ].991 8ands shall be appraved as to form and correctness� by the City Attozney ot the xssu�r. The facsimila signa�ur�s af such officers may be imprin�ed or r�pro- duced on '�he 1.991 Bonds. Th� CertiEicate of Authenti.catian af the Bond Regi.strar, her�inafter described, sha�i appear on the 139� Bonds, and na 19y1 Bond sha�.l be valfd or obZigatory for any purpose or be en�itled to any security or benafit under this Ordinanca unl.ess such cer�ificat� shall have been du].y exer,uted on such 199�. Bond. The autharized signature ior the Bond Registrar , . .. . w . �A , ., i 0 � �.� ., :':S i �t'iir14'�.� Sru�:�iiY'r"� �1: ' , ' �'.'' `.`,;, � ^• .,r,:1ec,,�;�`�.1viU -g#y � � �•��A�te �°�;��� i.�;1;,�,�,��yF=���F�. ' �.r•i-e�'k.• "'.°�-�±, i' , .� ° . .;�;.i�� ', , .'. 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Y i.�° i���,n�r��`,] i �i�at.k.�Lr.:r6AaFGti..w»�.:sue.,....�..... ... .. . -_�_. -... «.,,..«......,..... . ... ..... .. .......... ... . .. ... ,.. e,. ,....—...sls:li:.::wS.i:�v.-r�rtl�. .���.` ,-7:. i't `�` � �F`; � S _ . . _ .. . . . .. . . . . � � y5r1`:'.."!.r?,;w. � f, � � � . i . i '� �. '� • '� .`:�', e. �.;;�.,:�s'4i1.. �a '�PI � % .� • ,'E �`�'R� li.'.1«�� L' ' �r. 'MJ1 ' 7 . . ,�'.: .S l\.'. s i �:. : �� y . y.-. 1 f �� ,� < , � J . . �''•,�'�'.-': =, ' •� ��,7�:1,�'Y'� �.�' 4 t 'f � �' � . ti i.�a� Ft'�� y,�.r,{:%s v., l�r;ywl I e ; '~F � S.t ��'1� ' ! ; ' '�� �,t F '[� IE. %'}. �fr i$�. .�t�� � � J S� '�� �l �} 1{i � i'R' lief f:.. ','S`;,'.�:�re. , . .`:a . .�. .....`'�-�o�� ,�.a.��i�:C: � ,,. . _L .t .x:.. .{r�. ;"��k' �,��e .�{r �I +r � �� hy j!' �f , "; ' Y+ . ;+����;�,��:��'�{ti:-��;;A� ���� yJ shall at all t:im�s be a manual signature. In aase any afficer '''��`'� '� �� whase si nature shall a ear a� ar� 199�, Bonds sha1.1 cease to bs :..�.. �-: ;;; ,._ �;�;<<;_` ; �::.� � 4 PP Y , ; �:� ���:. �" '.`�'.`:�";, su�h oEf�.aer be�ore the delivery o� such Sands, such signature n�c � :. •'. .. .., i i Y �i' ,s" ' . �%• � � f . : �•:',�t,n � ,,7��L?.:�.��; �i;.;: :..,.. Sf�.� �:����'f:i,s'�f��,�,}.i,x=:;�`; .;;�sT;,�.�;.��� �acsim�le sha1.1 neveztheless be val�.d and suf.Ficien� �or a�l "-���.�':�;r>.t.`�-��=t`��:�3's.:,�-���;�:� pux�pases the same as if he had r�ma3.ned in afPice until such i;f��;;�':���.itf��`-'�';' '-� delivery. Any i991 Bonds may be signed and sealed on behali oP the '�_'`'`��`��ti'•"�"° `=�'�'� � '� j`�� � Issuer b auch ersen who at the actual time og the execu��.on o� ;:..,;�L_.,,;�,.,,;�-.,, ::;�`_�� f� Y p 'r �•+``'°z'k=•�� �r :=��"s'�, ,��;��;�;�;�n}�':�� such Bond� �hall hold th� proper a�Pi.ce w3.th the Issuer, although �'�l������;.�t;f �,.'�_�: �;;k'���;"<� =°::`-� at the date of enactment og thi� 4rd ance s h �:.��•i.:,.,;. :'; ., .. in u:. person may not inave ���: z� -`� �`°�ti� e�'"•: ��:',���;°?'�� heZd such dfFice ar may not have bee sn d .�n�-���k.�:;�?.aF,.,, �'_'�;.`,��.,,. � auth r�zed. .I� , . :• -` �,� y~���if`•:':'14.�;.:� .�t ;} '7i�:: := .��;�;-�,'��.;�;+ ..� ��;;; ;�fi� s� ' � � 5ection 9. N_ES9��i1��,I'�Y �Nn _REG�S��ON. A. NEGOTiABIL- ; � �' 's. d . T. 7,, •f.�;;��; . ;���;�:�~.`Hj��'.,��2 �T`�'.�_ �';,.,��; ~-��:i�'� ITY. The 199]. Bonds sha�l be and sha].l have all of the qua].i�ies � � ,��a`r„ and incidents of negotiable instruzaen�s under th� Uniform Cammes� •;v�� cial C�de -- investment Securities of the State of F�.arida, and each .., �. �;1;� sucaessive Holder, in accep�ing any of thQ 1991 Bonds sha�,l be ;;:;,, conclusiv�ly deeaaed to have agze�d that such Bend� shall be and have a�l o� the qualities and inciden�s o� nego�iabl.� instruments =��'�� under the Uniform Commercial. Cac3e Investment Securities of the �'��� Stata qi FZorida. ��'.`�, �':�.'• H. REGISTRATION AND TRANSFER. There shall be a Bond Regis- �{��' trar for the 1991, Bonds which shaJ.3, be a bank or trust company ;=�,�. ,;�=`� loca�ed wi.thir� or withaut the State o� Flarida. The Band R�g�.strar ^���{� shall maa,ntain the registration baoks a� the rssuer and be respons� :z��� ib�,e Por the transter ana exchange af tha i9�i Bonds. The Isauex �;���'. sha11, p�ivr ta the pxopnsed date af delivery ot the ],991 Bands, .A,,R by resolution desi,gnate the bank to serve as a Bond Registrar and :;�;K-. Paying Agent. The Bonci Registrar sha).� maznta,in the books gor �he s"�� ,t��, registration af the transfer �nd exchange of the Honds in compli- ,�:�;�;� ance with an ac�re�ment ta be execut�d h�tween the �ssuer and such ;�;;:;' bank as Band Regis�rar on ar prior to the da�e of delivery a� the �`��'�'� ].991 Honds. Such agreement shall set �orth in detai� �he duties, ; r r. a;�4�; r3.ghts and responsibiliti.es of the parties th�reto. `�` : �: �, . R � �`1 . 7%�rf •,l ,� i ' ,� �..� 3N,Y� .i' f: � ,��f! �.V�•ti'' �••i• s� ,S ii' ..�P.j �• ��',�-��`�' The 1991 Sonds may be transferred upon the registratior► books, upon deiiveary to the Registrar, together with writ�en instruct�.on� as to the details for th� transfer of such 1991 Bonds, alonq with the sacial security or Eederal em�loyer identification number oi such transPeree and, iF such transfer�e is a trus�� th� name and sacial. security or federal employer identification numbers af the settlor and benef�,ciaries of the trust, the date af. th� trust and �h� name af the trustae. N� transfez of any 1991 Bond aha�.l be effectiv� until ent�red on the xegistrat�,an baoks maintained by the Registrar. In all cases af the transfer of the 3.991 Bonds, the R�gistrar shall �nter the transf�r of owne�rship in the registration boaks anc3 shall au�hartticate and deliver i.n the name oF the transPereQ or �ransPerees a new tuZJ,y =egis�eXed i991 Bs�nd or ].991 Honds o� authorized denor�inations af the �ame maturity arid interest rate for �he mggregA�e pri.naipal amount which the Registered own�r i.s � 9 m . i �r'.� i ��f �;: � �' A � � f�%,; ':� :�rrr' x�14',+� �'' r � + 4'� �. ^,�. . . . . .,, � , . .•;;�c: � ��s ,. ..e;t },_ .^'' . ..t k .� w�.t ° �'-r „�;• .�� ,T,.i�r_!C � ; i;h '".a- :�... � r t". � e ��t.;-��^ � . , � .�.. .1'.: , ° .. . , •'r•.., �•' . . . . ��.� ^r.,..;�.. .. �° . .. - . ;r:Y *!:-^ a.. . �;,;.� t.. y��n:.�p'!Fir� r;� ';`�F���`u �. �t .�� ,... . �7n+ =' . , , r�.a, 1'r �z � • Y� , .,•..,:: � . er{; ' i , :�` ���. � t t���i`�s � �-0�? . . . . � � � , � � . . p•.•.�;..,1'.�1'C`•,n t�; ��.t�.,�r.}' i: . j:: �^ �. � . . ... . . . .�!y� -� j ,k,'��:' ..1 ``•. ` .r . :ii.�:5ti� �'4..�'�.T>t'.'�+•��.' �ke���'?�,:;�,. a ,y� i����� y '' ' : . 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V ,'{a, :73 i� �f�'!.� 7'.^• . 'i . � ' . ' 1 � � . � � . ! ;�;i�:��`.,:�+�i�"'"�,�'�'�r`�r. ';; .. . ; � . . , ' , . . • . #. � �i,'{:�ic;,.4�',•�'•..rz•'=1`�' � � `: , . � , � . . . ' , ., �. .<i .i' ..r.��, .�• "�� '� . ' . ' ��f`tS}'�r���`��"� �+��PSi✓�Y''�`r�F¢.�y �'. , , , . . .. ' , ' ; . �` ��sY.-�1. :y�.�l?E. •� ��. „ � ' , � � . ' YF 't�.1A�'%j.�,i'�I i� �'~��.. . . . ' ' . . . '"' t�t ',; ;,;y ^.s�;. `.# 5,r •r.'� `� . '.s - , { ' , ' ' , . - � � S ' . �`;��r�^ � ��, r.}. �� �- '!� , . . . . . �• ' . ` ... • j�, t����,lr:�r3, lb " , . . . ' . ;€ . �;. 1f'' •�..�1:y 'L•,;�';S, t , ' , , 1 , � ' ' , i `��. . ,. , . . ' ( "r�; ;.�t. i�i,.•� : � �I• t . � . / ' I �'S',r'J=t'i�� irtl j�F� � f'���%� `' � r�- . 1• , � .. . . � , � . , f . . . . ... . . . ��a . { :.��, � �(ri',.��,i`.1�� � �..,�^., i�Vi. �S r •7,�F�� �,�i.j�.rit�i'� "t'i'•, �., � � f � . , i ,t� j;"rt:�;l:�: �,:� • ,�`. : '. . �f'.. „ z .'�': .. ':.t.�:�..;'.r.�'L:4'.:'1'i.:'..1,.3y: ! � ., :,,; �I'�/ �; g.lt.:.li�;i:,�.,� �:;:4 •',:,�.: entitled to r�ceive at the earliest practicab1e tima in accordance ,:,,.��;.,x���;��;;;-�=_P.�• �•-..� �. •. •�° wi4h the provisions of this Ordinance. Any 1991 Bond cr Bands ;�!:�;�us,f.,:;';��;';�;%`;,::".,';�'.:;�j"�.: �h2111 be exchangeab�.e �or a 199z Bond ar Hands of the same ma�uri�y ..�'' :�'�;.., t;�:.�., � x ,��, . r. y ,.#rr�.;;��`y.:�.�..,1':�_ry:.,s.`t-, �,•�'-' and intexest rate, in any authorized denom�nation, but in a pr.�n- '�!`��t- •�� cipal amount aquai to ths unpaid principal amount of the is9�. Bond :i �1:�*e i F;S P.;��f r.. .s. �'� i+• T :'3;�;�; �';,�-.;f�:,>;�: �._ �',�,;.:�.�t�:;.�,��E�' or Bands presented for exchange. Bonds to be exchanged shal� be ''� ���'� �� �`�``�"��'�'r� ��� ::�' ��,-� surrendered at the principal otf�ce of the Registrar, and th� w:.rrn�:.;Y::F�' �ta ::. . �;`...'�; ����'� ��� .�;:. Registrar shal� deliver in exchange there�or the �.993. aond ar Bands . P .�i Y... . • + • :S�sSY��#t�� ��'p�•�;" _..,.•�v.'�;'i4,{r' . �-,':`:,;�.��{z;��}'.;f?`-'�:_:. ��"��� ��'�� which �he Bondholder makin the exchan e sha11, be entit��d ta u � �:-" -��' 9 9 ;:,, ,;,,.., r�„ � ,y.. . +"��::�?°i��.•',:;#;"�:';;.;:;?'� ��;�:,�r'��.�• reaea.ve. The �:ssuex or the Regis�rar may charge the RegistPred �;::�;:-�r,�.�?.,..., ,-:�.:�:��' ;���,�.�;;,�°e,,r;��i:►�:ti;;;c��.-:1,•,.�,:,Y.�: owner c�f such 1991 Bond for every such transfer or exchange an 'r �f:-�ti•i�.���„7�fsS.;°xi!�"��{y.=�<:k'•�'s�.',:�: �maunt suffiaient to reimburse them for their reasQnable �eea and : ; j,�[�. ..:.,� "y ,.' ii. � L . .I3 *' ��-+.��':`°..°}�;�4h►R�, :,'�•�:�:`_�:,',;; far any tax, fep, ar other governmental charge required to be pai.d ' -;-�y'f �"�i�f z�,i ,`[; -' � ..;:;�;, i� ';k,.:•.�����:,��. •�J;�.M ,�;::�,,�,tf�i with resp�eat to such transfer or. exchange, and may �equire that ' n ,;Yh��,CF- .� , :,r� � ��,;.`�_w;, _j: ��;, ����s:.��° ._ : such cliarge be paid betore any such new 1991, Bond shal� ba .,��'���'�{:s;?;���;':�:�:�sji�;�:��'4;;=�'. �.`:a delivered. � A13. 1991 Bonds d�livered upan �rans�er ox exchange shall bear in�erest from such date that neither gai,n nor l.ass in interest sh�Zl. resu�t �rom the transfer ar exchange. ;;�;;:�fn�: All 1991 Bands presented for transfer, exchange, �edemption :��.y-�}��' or payment ( if sa requa.red by the Yssuer) , shal� be accompanied by j'�f' a written instrument or instrumen�s of transfer os authorizatian ?�, s ��., ,: „ ;�'""k`� for exchange, in form and wi�h guaranty of signature satisfactory ;. :; , =a. �"`'+`�' to �he �ssuer and the Registx�ax du].y executed by the Reg�stered i i h:y".: t �i'.���{. :,�.�r�� owner or by his duly au�horiz�d at�orney. Section 10. �4N1?�_t�IJTTLATE�, DESTROYED, ,,,S�Q�tEN OR LOST. Yn case any Bond sha11, become muti�.ated, ar be destroyed, stolen ai 1ost, the 2ssuer may �.n i�s d3.scretion i.ssu� and deliver a new Bond o� ],ike tenor as the Bond sa mutilat�d, c3estroyed, stolen or Zost, in exchange and substitution �or such mutilated B�nd upon surrender and cancellation of �uch muti�a�ed Bond ar in J.i.eu of and substi-- �ution far the Band des�royed, stolen or lost, and upon the Ha�der furnishing the Issuer proof of his �wnership thereo� and satisfac- tory indemnity and complyinq wi�h such o�her reasonable regulations and canditi.ons as the Issuer may presaribe and paying such expenses as �he Issuer may incur. All Bonds so surrendered shali:ba cancelled by the Registrar �or the Bonds. I� any af the Bands shail have matuxed or be about to mat�zre, instead of issui:�g a substitute Hond, the Issu�r may pay the same, upon being indemna.-- fied as afor�said, and if such �onds be lost, stolen o� destroyed, without surrender thereof. Any such dupZicate Bonds �.ssued puxsuan� ta this section shal�. coneti�ute original� addit�,onal aantraatual obligations an th� part o� the zssuer whethez or not thB lost, stolen or destroyQd Bonds be at any �ime �ound by a;IlyoIle� and such dupliaate Bands shall be entitled to equal and proportianate benef�,�s and rigt�ts as to la.en on the source and seauri�y gor paymen� from the �unds, as herein- . ,�-, ,. ,,. � 10 , .. .. — ,�"�r � .,., S fR � ��1 S;'� "'wd_iw�;� �^,�.��. ��,,' 'j�4�u. �t� � `.t���, �s e'"�' �, �'��� ' " 7•���°f� �?�i .i . 1�e XS i ;';' �- '., .}� �'�� o;,� � , ��' •J ':'�.. i . •i� � .�j31i�': � ' t•i . �' �,al'�F'• b•i�� �a } .i•: `.. ` ,'�' 4 ��x j��!�. . . .F '. 1 � ��' .,. �'� i�i ' . . r � tl .; 3 ,,�''�it,i �� � f�: . yf ;,�: .� , � ,r :': �i, , .� ' . � !� '`� � �t��'Fq� � � ' . � . ��f1 �,� F..`r .�,� . .: '..r'".r.;�'r.' �. � :: •. . :.l ri i ��si �y.. r; �'.� •.,,',�';r�`4}y ����,i?' 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' �^ �' � • � I � .' � � ti7J�S55'.i"�lr4i'�P'�RL` kYVa`..w..1_....., . � , . ..._ . ._...._.. .� ..........�.-�....,,� ..�,- -.... .. . . _ .. . . . .. ... . ._ � .. _ . . .. .� � . . ... .. . .. ... ... .� ,.,.�.-...wnw.t.t«f.M�+rt ' ' � .�� • `i ti' , ��.��1�{ ' •�'` � y„��r �•� +:. ."��a.�,F'• a � .�� "� �x: �. . . , v .� .' .r�' :��''.� �.r�;.{:l.�j'e :�';�• « � •. , , , .' K' L r }Y 1 . rr; } .'�. �'z � �.��� . . , . •.5'" ^it.� •� ttil?"9;;✓'�, � 's, . .7w.„1��.�;.v�S�� i{�:��� «' , . £ �"`.•••I_~� . :'Ya."'�.t„ . . �',�'_ ''. .t�. . �.. � .. ''j`"4.5;.�1.f•.'. il_.',...5� � � . . t. � t� ' �+� . r.1 : •,��,' , ,��' � .�� -t`. .'� :':� , . ��.�•���:- '�� �.- � � ��� after pledged, to �i�e same e��nt a� a�.1 a�her Sonds issued , ..3-,;' .. ..i. ' � �, � � �< <� � �' : �:: ��f`� � i. �., ; . �. h�reunder . '1•�,�' �' ��';r::. ... `�.•:, • • 'I: .�;•-i, r•4•!'r�l�`, sf'� �k{S• . ���,;�:;l:��.:,':° •:�,;,� .�;,:�: `. SECT�ON 11. BOOK ENTRY . SYSTEM. Notwithstanding the :��.:�is��'.'=.`'���s'' ; '�+� �,�'•, provisions o� sections 9 and 10 hereof, �he 199i Sonds may, if so �`'�, ::>:��'-�� 'j: ��;�' �'��`(�� `����.��'�: provided by ,sub�equent resolution o� the Tssuer, be initially rt�� �:�: ���`-����`: '•. '.�; ��. `��1:�:�;:� � iss�zed in the �orm o� a saparate singl� certi�Eicated ful.iy regis-� � %, , ;'�n'.' :�; '••�� ' �•� , ' `-� :>���: �. � � -t�; ..• � tered 3.991 Band �or each ot the maturities oF suah 199 �. Bands . In �Y 'r' Y.� '., t�a:!'� � \,S �"�=``•:..��r';- ;,�.� .�= '' ' . su�h case upon init�al ].SSl1aI'lCL� th� awnership af each suah ].99�. ���:``��r�'�'�"'" '`� `�.x `' t� �'�"�, � Band �hal1. be register�d in �he zegi.stration books k�p� by the Bond . ::;1' ; ���/.t.:t��.`�+.' �h ,f: � . �D :' �{''�; � -. '.' �° � .; '' . ;• � Registrar in the name' of Cede, as nominee af DTC. .� :1 ^�.;y'r .��.yti. n ��e `�S.` �. _ ;r.. ;''iyJ�,!'I;'3� I'�: t .1tr.',. `;o� •.;• rt,r :. ..;�'.i.�7,�!.,`_.' � • �„� ,t"'����`,'�;,�°� ��.�T'r�' ,�;� �;�� _,�::.'' Wi�h respeat to 1991 Bonds rega.s r i q � . ' � �,�.• -' te ed n �he re istratian •' ,,; ,;,°, ";�'�r;=:;{�:;'.�:�:;:�'�;::='�ti-;� ;��;��;:;='; ��. boaks kept by �he Bond 2tegis�rar in the name �� Cede, as nominee :.i ��.�5;•z i � ,..� `y �;,�'�"'�,;,�.,;��.`�,�',��: '',:' '�� ��``,4U°� of ATC, the Tssue=, �he Bond Registrar and the Paying Agent shall �=".";;,.�'`„'.�"�.��`;.����`��'�,.���;���"�'' have no respons3�bili�y a� obligation to any suah Part�.c�.pant or to �-' �.,,- 3: ,,., ;.�� �;: .., ;,��''�,�;:�;;Y`a��',';�:�:`< ;_�:`-.```;;' �`�,'' any indirect part�aipant. Without limiting the i.mmediately �'� :'•>�•L�':k;��:�=�,;'�!, i; "'1•;:�, �-`°��:�r; .� preceding senter�ae, the Issuex, the Bond Registrar and the Paying '''' ;� k" �"� A ent sha11 have nG re pon a.b 1z y g p �Ar' • '�;, `"�� � � : `? .>,,, ,;,,,, ,,,, , �'• c c t >�+•': `•��� '�>, ':;� `';s..>�;�'." g s s i � ar �bii a�ion wifi.h r s a t o `�'' '���' a��° �-�``��`_ `' ec ds a� DTC, Cede or an Pax�ti�i ant ' a.�• . ��••?+• %��:: �%�'�: - � ,� • :.y `l� the accuracy of the r ar Y P �,;� �.'' ;j F�'� ;,.:'"'''���"� �'�';f�1': with r�spect ta any own�rship interest a,n the 7.991 Hands, ( ii.) the • �.• . ,.,•. ,`�:�'����'.I''.���,; .��f: :,;.. �'��?:�"_ �.,,:� �";,; x��.,`�t;;; �,.E,:�.;�; .-�=:,�:t�,.k _F,3;;r��,; delivery to any Participant o� any athex person ather than a •,d:. �ys.� ;,,.�.�; ;•,n;; �-*. .� ;:;. .^:;s::>��••;'�..t. :�; e t t ok ke t b the '`'�•fJ;, �5.. ^„t�.{i�.S''. (^{.��.. F.E.; ��S '} Registezed Owner, as shawt� in the r gis ra ion bo s P Y °...:" ;.�""�� ..`,�.°,,'' •� °.. �>;.}`;,. Ba1nd Reg�.s�zar, of any notice with re pe , :r;•.;; �' :.,, ,:�,�°,;�< .r:� ;„ �'i'x = •. :.. : �; ,. • f � s ct to the 19 91 Sonds `{?'� �'`'� '=:;;'��j-r�rT .i �':;•�'��-�'�': �,'' i.ncludinq any natice of zedemption, or ( ii.i.) th� payment �a any �;.,'t ;;�"w�' ��'»'�',` u.;=�=:1�;. �, i�;,;tr� �"`' �,� Paxtiaipant or any o�her person, other than a Registered Owner, as :4 r,�, :}„�.r�=� �''�..'.�L'�':_: •;,�t;:b: f'�.=�:•:�1�:�;;�:s`i`:�- ,;t==,, shown in the =egistra�i�n books kept by the HQnd Regi�trar, o� any �'� ��i.:'�"�:� .,�svr.�r.,�•,. iy-:�l;�i'=, ,. �3. :�.�'�� �=.. � ?,'� ; '�},�:; ,��i"�,��,�, � ��� h•�.. ,,'�,51'e, r� , ;r";i ; ��l: :��r: s . amaunt with xespect to.princ�pal o�, premium, if any, or interest on the 1991 Bonds. The Issuert �h� Band Req�st�ar and �he Payinq AgQnt may trea� a�d aonsider the person in whose name each 1993. Bond is registered in the registra�ion baoks kept by tne Bond Regis�rar as the Holder and absalute owner of such ],99� Dond tor �he purpose ot payment ot principal, redemption premium, i.� any, and interest with respect to such 1941 iiond, for the puzpose of giving notic�s af redempti.pn and nther matters with respect to such 1991 Band, for the p�:rposa a� registering transfers with respect �o such 1991 Band, and for all other purposes wha�soever. The Paying Agent shall pay a�l prinoipal o�, zedempt3,on premium, if any, and interest o;� the 199], Bonds only to ar upon the ord�r aF the respective Registered O�mers, as shawn �,n �he registration books kept by the Sand R�gistrar, or their resp�ctive attasneys duly authorixed in w�:it�.�g, as prnvid�d herain ana al� such pay- ments shall be valid and e��ective to �ui�.y satisfy and discharge the issuer's obligatiana with resp�ct to payment of principal of, prem�,um, if any, and interest on the 1991. Honds �o the extent of the s�m or sums so paid. He person ather than a Regi�tared ownQr, as shawn in the zec�istra�ion boaks kept by the Hond Regis�rar, shall r�ceive a certi.�iaa�ed 1991 Bond evidencing the oblig�tian o� tha Issuer to makQ payments of princ�pa]., premium, i.f any, anc3 �nte�e�st pursuant to fihe provisions hereof. Upon del.�vexy by �TC to the �ssuer oi wri���n notic� �o th� effect that DTC has da�er- min�d ta substitute a new nom�.nee i�n place o� Cede� and subject ta ��, , i . l 11 ` . � �` � i'. � :; � .� .� � , �� t� �� • - e. •nq�.".'Yt..r�:�^ .. . �..4'y ^�' -.i�,�,:... !, _ ;_ . .i1S•�",:�.. ..f; . „Nd�n.,..... . •' _ • ' � . . i ry �i,. • ., ... , «. • . ' •' _ .' kl �N „� i�- w,,�r... �ae,;5.>>s. 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Y:.t�i� a.��,•„'�;', � 1 �,,:+fy� �, n:r�?'� a ���:��f:`'�:L'iYH '�iS�fs°�.�Eti'. ���.�. ,�,�-r.. ti . ,,�,}, , � �. }; ;,,�;•s•:t;l. ;'..{ti, ,�;;�i ��r�A,+�''..7�1i .:`�:.r ."'s�'�• (�'i . �•;"*�;' � ;t�,c;. 5'A�* £ "'��� '�`���''^�: 1'�1FY;i�. i. ���. t `'��•t`f�h{t �..1 t.R%. �: �:tir�-+i, 1r!!'F`�' a %.� yyt:;��.}2.r � t' "�� �'"a:. .2,.•�t..:; , j! b- .�i�i,,�}..,.�;uw: � �,�� :.. ,.,- : F1� �•� . •:�:�!. . `-� ir. �', irr ;;�,:p '"' .�tii�.si"'a,�r��:n!"., �:��'�..rlr.�'�S`�.'r'��.�_P?iL��::.�rr. . . . .�,- +' L ' �i'%'� i !� '�' '� '�r%�y�~` 5� 1 � . . . .--... _„-.-.. ,..--...-'......-�_�_...."� .iS ,. �; i.r'j�I.��.y,Y4 ' �4� `'�;�` :,3F�bF4x'SYtY��:�;C I7 : , 7,'a 5,, �,;� e,s� a ���� . .5 'sY;�. r"�A�+�.�i=', i.}?µ, ��.;x:��.qC'�,^�}.°.1���]�t;�•` � tha pro�tisians h�rein with resgect to Iteaord �ate�, the ward '�Cede" i� this Ordinance shall refer ro such new naminee ot DTC; and upvn r�aeipt of s�ch a notice the �ssusr shall pramptly deZi.vez a aopy of the sarne to the Bond Registrar and �he Pay�ng Agent. Upon r�ceip� by the Tssuer o� wz3.tt�n not3.ce from �TC (i) to the ef�ect that DTC has r�ceived written na�i,cs frc►m the Issuer or fzom Participants having in�erests, as shown in the records nf f�TC, �.n an aggregate prinaipal amount o� not less than fitty percant (50�) ai the aggragate pxin��pai. amount a� ti�.e then autstand�nq �.99�. Bonds �o the ePPect that a continuation at tha requi.z�$ment that a1I ot thc� outstanding �99 � Bands be re�3.ster�si in th� reg�.s- tratian books kept by the Bond Registrar in the �ame of G�de, as nominee a� DTC, f.s not in the best i�terest aE the b�nefiaial owners at the 1991 Bonds ar (ii) to the e��eat that nTC is unabZe or unwiZling �o dis�haxge it� res�crns3.bili�ies and na substitute deposi�ary w�.l�.i.ng to undertake the functa.ons a� QTC hereunder can be found which is �tilling and ab1,e tQ und8rtake such funa��.ons upan reasonab].e and customary �erms, such 1991 Bands shaZl no lQnger he restri.cted to being regis�ered i.n the r�gis�rat�.on bc�ak� kapt by the Bond Registrar in the name a� C�de, as nominee b� DTCi but may be regi�tered in whatev�r name ar names Rega,stared owner� transferrfng ox exchanging such 3.99]. Bor�cis shall designate, in accordance with the pravision hereof. Sec�a,on Z2. �R�VISiONS F�R R�DEMPTTON. The 1991 Bonds sl�a1� be redeemab3,e hy operation af �he Hot�d Amoz�i.zatian Account oz at the op�ion �F the Issuer, as provided by subsequent reso�ution or ordina�ce af the Issuer adopted prio� �a de}.ivery af each i.nstall- ment o� the 1997. Sonds, The Z991 �ands i� denr�minatians qreate� than $5, OOCI �ha1� be deemed to be an ec�xivalent numbex o� 1991 �3or�ds Qf the denami,nat.ion of ��, aoa. In the ever�t a�.991 Bond is p� a denvmination greatear than $5, 000, a pvrtion o� such may be red�emed* but 1991 Bonds sh�1,1 be redeemed only in �he prinafpal �mot�n� of $5, 000 or any i,nteg��l multip].e thereo�. In the e�ent arty af �he 199� l3onds ar partions thereo� are radsemable as a�oxe- said, notic� �hereof identifyinq �i:E+ �.993. Bonds or portic�ns �hereof ta be xedeemed wilZ be gi�ren by thEt Ra�istrar {who sha7.�. be th� Paya.ng Agent for th� 199� Honds, o•� �uc�h other per�on� firm or c�rporation as may fram time ta tim�.?�e designated by the ��sue� as th� Registra�r fvr the Bonds� by mail.�,ng a copy of the redemption natice by first�cxass mail (postage prepaid) no� maxe than �hir�y (3Dj days and nat less tt�an �ifteen ��.5) days prior to the c3at� fixed far redemption to the Reg�st�red Owner of �ach 1.991 Band ta b� red�amed in whole or in par� at th� address shown on the regis- tration baoks. FaiJ.ure to give such no�ice lay maiZing ta any Registered Owner of Bands, vr $ny defect tharea,n, �nall nat aP�ect the valid�.ty v€ any p�nceed�.ng �Eor the r�demptian of othes �o�ds. A�.]. �.99� Bands or gaztions �hereof sa aalled Eor redempt�.on wf 11 cease ta bear interes� a�ter the spacified redempti.An date provided �unds for their redemption are pn depesit at the p1ac� o� paymei�t at that time. `;x; ire""r:��.�'`.�:!f �elt.' ' �� 1'� '.F 4. YV,`,i.� .'t °d�+;���'`«'I� ��}� ' _ ; .s: 1`�' m �.z . , .. . ;;�-` . �---••�,,,. ` . t;, , ;'Y } �, ; �:.� x;•`', �1'� 7 �J 4 �•:+r� << �. �f � .� �f ; ,�,����' � ,� d ri� ��. ^ N5 . 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'-. <'`° � `�j � �'� 4 � i� +�' t � � •1 F.t;'jy��=�•'�j,�",� : 5 ". ��'as���'„�.�.�j$;'t�•, +u�.. s`r��,. �"�. ,.,;���.�' ° w� ° � (Form of 1991 Bond) � �',r �.: „�r� � ;,� t, r,::-�: � :i;..• <, �° �,; , }` nC?�,�, r�. �� 6" •-.. "i'l:✓�..'✓.�i��: :� �. �.:;:, �.' i'^y , i�i���, r�'��"4� 3?1'�'�T� ?a'�, r i.��:.:::::s ti°,;�r •:>':�i �';.': $ ;��� �' ' � ` {+"�f; � - �;�� ;. ��;� �:���::�. .r�. No, .��-. r� �[ ti�. '� �'� ' , : ; '� s 't• 'k��„ � : , � , •i. ,�",��,�'�r�� '�3. �=�i �'r��`� � � ����j�w`F` _ ' F��. �s"- UN�TEb STAT�S AF AMERICA `� '� �� '`' �. 'Lb��1 h4'`, �"«�.Yf!.� .�:= ��YF.. •'�1`i• t •3 1. -�t'�;;� s'���. t,� '; ��•��,:� ti; SmATE OF' FT.�ORrDA ,�r: �, ��: ;�y �. j;A'.,;, 's,,;., . ' >�`?� ��'�� �• - � ��` �3;�: CYTY OF CLEARWATER �� " � 'li.i, �,::�" ir.�fi',}'} � °.i ...- ..,r. • V, � �`��L�k" :�� ��'" ' GAS SYSTEM REVENUE BOND, SERiES 1391 ;' •�. �:'i".3`.'•u�'-�', '�f'����,',:i ��-ii'� t r_ }� y�i . «, 9 8ata of In�er�st Registered Owner: principal Amount: Dated Ma�urity�ate ate Cusixa ��`3 KNOW ALL MEN BY THES� PRESENTS, that th� City af Clearwa�er, -'�` �'1.orida (hereinafter ca].ie3 "Ca.ty'� j, for value received, hezeby �}4 promises to pay �o the Register�d owner idanti�ied above, or ,� registered assigns, on the Maturi�y Dat� specified abave, the s,: Principal Amount shown above sa�el.y trom the xevenues hereinaFtQx �:.} meritioned, and to pay so�ely from such revenue.s, interest on said `�, sutn from �he Dated Aat� o� this Bond or fram the mast r�cent �,, �nteres� payment date to which�.interest has been pazd, at �he rate o� inte�es� per annum set forth abave unti2 payment o� such sum, ;5,, such interest being payable , and semi- �� annually thereafter on the ��,rs� day oP and the first ,�,w day o� of each yeaz. The princ ga3. of and premium, if r,`� any, on �h s Bond are payabZe upon presentation and surrender here- `s: of on the date fixed fer maturi.ty �r redemption at the prinaipa�. j.� of�ic� of (the "Paying Agent") in �, , FJ.osi.da, or at the afFice desigriated fo:c such ��; pay�ent of any sucaessor thereof. The in�erest on this Eond, when �� due and payable, shal� be paid by check er dra�t mai�ed to the person �n whose name this Bond is register�d, at h�.s address as it � appears on �h� Sond Reg�,ster, at the clase of business on �lie 15th ;�, day af the month (wheth�r or not a business day) nex� prec�da.ng th� y�; intexest p�yment dat� (the '�Record Da�e"), irresp�ctive of any � tran�Fer of this Sund �ubsequent t� suah Recarc� Date and prior to = such interast payment date, unless the City shall be in default �.n � payment of interest dus on such inter�st payment da�e. xz� the event of any such de�ault, such defaulted in�erest shal]. be payable �� to tlie per�r,n in whose name such Hond is zegis�ered at the close af business on a special reaoxd date fox the payment of defaul�ed intere�� as estab],ished by notice mai�.ed by the Regis�ra� to �he Registex��d Ho].der of the Bonds not l�ss than fitte�n (15) days preaedinq suck� specia3, record dat�. Such natice sha�l be maiXed to the per�an in whos� name snch Bond is reg�.s��red at the close � a� business on the �ifth (5th) day preceding the date of mai.ling. � i . �'� I � • � i4 � .. .., `a X R � r . � � m x. e �� a �. r.� ..lJ � � �� � :�M`�� �v�!- y�}7 t�rN,��4tS:<i"i. �+.'� •i ' ' n . � r . , F: . y� � . ' . i . ' � . . . . ' " �.� 'r' rr• '"i.°'.T . ' t. •� •�. ,�i� . ., .�.: .. . � '.�.n i�`. tU'!+t �r,.}�4: ti� ..��r a�•" � t t . ;tr . . . . '� r . a ; i ,.ti'.�.w,�r•F•lM, � •• 5`'' .:KY i.., •y}+;•fR' ,.z".�, �f . . �4. � (. '�i ' _� , . >.� .. � �•�'' ' ,�,: R, I .'� . �'t _ 's ; �y� �:1: " � �v 1 � � Li ' ` . . . • ' 17 � ' �' �'l�.`� ^{i;. r4 Y:`��i ���`'L' .:i�� ��ih�^�;!� � �.7,.f;. . . ; ., � . il}F irR rj'.;��L�:�Fri��E� �.tt �'�.1�;' G r , � 't :+. �, .y'. � ^!'� �`�, t.}.. 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' .,�' . :r ;�� f��.�� ��i��'f,eij'`�'�i i�'�r. ! '��y�a �`''."��: ''`��;�,'� ��r� • - A�.1 amounts du� hereunder shall be payabl� iti any coin o= currency '��F�����;'� �`"�'���'�� � 'Y rf` Sy}':.. t ,:•: .: .j : �.�` S��Yf.'��y�' �, ��:':;;z=:. °�:,:�:�;i,�`r� ��'�•!3.�'"� ,'•� .. af the uni�ed Sta�es, which is, at the time of paym�nt, legal :,��+{�;e�'3'�} ��.�;1 ,�, ;t; ::��:�,.��j; •,r �'�,' • , . . , y � �i*_�. "�F�S"`.� ��':':, � t��'4;�;'.,sy�� ,_ � �~, �' tender ��r the payment of publio ar privata debts f:�; �:�"�� '�� )n� r.� ` �`'��i`af�R:_'=`�-;J: r.'�:'.. `c•. !' 1.f,�' .' .�µr`,.��'.hf.,l*�'r hhl.;� ?.t! �. �e: �?`��� :i+ �ti �� `f `f•' � '�. , t . s'.�� : :. �. � � .� . � i��S: � +'il '1:' :.i.'• �t :<. � "1 ' �.. � �' � ��.' � � � t.'Y '1'� } �,�F,�4{:a ,�,=;r.�' 5,;;. .',,;.�. �,;,.� This Band �.s one of a duly authoxized issue of Bonds in �he �,,�F�•,;;� ;�� �_ ;�;:�: �ix, _ �f-`�` -.�: ",s '�'� �� '' :; aggr8gat� prinoipal amoun� of not excaeding $ of :,���"�'""�� "4,.�; `:'�;t``.',i�'�%:.�'�';'"�,` `;`': `� ����w"� � I like date tenor and effQat exce t as to number nstailraents �'��;���'�� t�` �� ��'.; ; � ..:. ; ; .>{���- ..t•,.�:�" �.r: i i p r � �� ., '.�, 7•.k�,.=;:'.�'��E:�,:;�;"��;`..'�`, ;�: ^ �i°�. "�;'- maturity and interest rate, .issued �o �inance the cost o� advance �j� � � `� � �.;. .�j � "1;;: Fc;t�, ;'t«, . h'� ,-�`, �,k:., ;;lc�� �q . �.�..� y,�;.i,,;,,.4�-:^,;;,;�;3 ;.;:;�,�.;t.-:,,< ;;.. :' re�vnding the outstanding Gas Sys�em Revenue 8onds, Ses�.es Z983, •�yg:�� �3'- � ,. f �`.1'„?•�:i4".{pi,; iir:t•'r)�?�y .�.!{.,p °'�u: y'' `. r ??. ,�i}'.�� rk,' ' 1 �� ,.r. ,.,., .��,,.;,..:,,:,,i;;�; ��, pursuant �o the authority of and in full compliano� with t�e fi. �, ' i; t„=:�ej�:�;Yf:.��:z"r�:';�t :`;'�:.�,y.�o�•::�,; 1': ' ��'�j��.,��, "� � , �. :,4r,.,.. ,.,..,�, .. , .: ,,. . Constitut,ian and laws' af �he State of Florida, inaluding particu- 4�, x� ,:� , r. �:+�;;�.�;���?;;_;,4`>`:`� ��f:';;;;?;�•�`';_`i�n�� lariy Chapter �.66, Part Y�, Florida Statutes, and other app�icab].e fx��L',��"�' �;� ._ � :..�, -':,; . `°-. . c:•_�;�i, ` � �, t 'u �` �� ��;��' ''-t �- •f�L=:� �=_" � pravisians of l.aw and ordinance No. -91 dul enacted b the w- � � �rs, ;;,�;�:;_;:,<r ,�...�.� S�'1�%t5'1��rM5.� , I . Y Y x:- � ..;:;�4;�,R <;�;�L '1�4p'.' �:;{:hti�.IitiC':�'-�).'? City on , 1991, as amended and supplemented (h�reirx- `ti��� , �'`. .'� ..,�y, ,'fcl."•1•k�;' "E.:'r�°:i .�i?. rr�y 11 If i�vle:. T�r � �}:. ~��°��'j���t:;4�.'�:� �:��' ,...;�,.: �• ,>. x af�er calleat�ve�. ca],led the �rdinance and is sub ect to all 7- ;.''... .. .: �''="�.?:..y a �r. ?�-.� � Y � � ] ���• �!� �;:=�#�Y�lf�.�`<<c.r=;,,,z.� ��P'�<� ;f`;. � the ternss and candi.tians af such Ordi.nance. ��;��i` '�j � t'4,., � '.:� . �� :,".,;r,;'�,...:.`;;,`r',=.� r. . ,:,n�i� } �5- h'`:P;�i'','± '����,,: y, 'r�. ., is"$� ;.' 1 Ey � h1�}c.} h>�:. �� '�� +��^� 1', . : � . "J �=� t;_'.:�'t�= =5:� •'��•. .�;':;=rs:`�`. :'-���'�. Thi� Bon3 and the issue o$ Bcnds a� whi.ch it is a pa�t, are ��;,?�" �� �;i �.I.�a[��iYy. -}�r�i�j; �:.r� E i��"_:✓;.FH.,Jn..L�f:•� �� .. i..c .E,..S� r :' ' > ..-'•, t:':i�-�Y, .r.�• �'3- ., V L�#' ${ .�:� ��4 j�..,3 :-::�,.�: • �� special obligations af the Ca.ty payab].e solely £rom and secu�ed by : t���" �� ;,�,. ,,;, ,;,� ,,, � �,y ';',;���"� ;� '�w.��'-'Y�� ,:�;F�;��'��'�`�'�,'•� �=- a� irrevacable first an3 priar �ien �pon and pledge o� �he �e� <<� �.a 'r.,i..•�G;,`'a�°. •r�`�.::4.v:•'%•a':�5.•�•,.,t Y` ^'� � �`;;,x-:r•,:.3±;�::-��-;;= �f��� �.A:;�z'% ',; =�:s ` �revenues derived by the City from the ap�ration of th� System (�he ;�:a `;��,, r,�� I`"�=-•!"�":'�'`''`°��,:'���_•;'"�'_��'�`'jti��!'.�'-r�r�' f "Net Revenues"} �n �he manner provided in the Ordinance. This Bond ;�� 1' �` r��: �Lh;il`.itG� }j�� a` yS:ti:�� �.�i.,.'��if. r�+f.,�,!A'Y;; r 'i '�'�����_:� �•ti�`.�r-'s�,� ,'��� ?i;�� ���:`�°. `°�'" does not �onstitute an indebtedness liabili�y general ar moral ,f�� c;�,+� , ������1 ��i'$1��;s�1 r't�r ,�r ,l� ,Y.: ..YP�.:':.�1�.. I I 1.��+"� . � � �l . i ;�ti.�', ���E "tt.::,,,}�'.=.��. �.t�y*' '',,��`+-��.., obligatian or a� ied e af �he �aith credi� or taxin ower af the �,�`�� �;�:� - ;;.�;�:;,:�''r ��,. ► P 9 , 9 p ,,f�� �.�� �t, *;,�r �r`<�;Y�0.krs4;������':;�,�::r;�fif;;��;'z�sl�;r:�.`'�� C3.ty, the State of Florida ar any pol.i�ical subdivision thereaf, ,�i;'��'a � �.1 j;'`�".ti; •.�,,. �f.,j �,' ��,���;��r� "t`'=�r?:i,e;�-,�'_ within the meaning of any cansti�utional, s�atu�ory or charter �.��.� .. ;�s�� +l' .�f��" :�C 43.t_ . ,�f.: .! h �-�,,..,;,�.�" : f�: jr M14;1M� I:tiJi : i�,' �- ��� .•d : provisions. Neith�r the State o� F�,ori.da nox any pola.tical sub- division thereof, nar the Ci.ty shall be ab].igated {1.) to lev�r ad valorem taxes on any property to pay the principal af the Bonds, �he interest thereon or othe� ^�asts incident thezeto or (2j te pay the same £rom any other fvnds af the City, except from the Net Revenues, in the manner pravided herein. i� is further agreed between the City and �he Reg�.s�ered Holder af �his �or,d �hat this Hand and ihe indebtedness evidencer� hereby shall nat aonsti,tute a ],i.en upan the System, a� any part thereoi, or on any other property af the Ci.ty, but sha11. constitute a�irst and pr�or lien only on the Net Rev�nu�s, in the manne� pzovided in the Ord�.nance. (�NSERT REpEMPTI�N PROVISIONS) Honds in denom�.nations greater than $5,000 sha11 be deemed ta be an equivalent number oP Honds oE the denominat3.on o� $�,000. �n the event a Band is of a denominat�.on larger than $5,000, a por�ian oP such may be redeemed, but Bonds shall he redeemed onZy in the principal amount of $5,000 or any integral multiple thereof. In the event any o;E �,he Honds or port�,ans �herea� are ca�,J.ed �or rpdQmption as afaresaid, notiae �hereoP ici�ntifying the Bonds cr portions thereof to ba redeemed will be qiven by the R�gistra.r (who sha�,], be the paying agent for th� Honds, or such other person, firm ar aorporat�.on as may Prom time to time i�e designated by the City as the Regit�trar for the Honds) by ma�.ling a copy og the redsmp�ion no�ice by first-class mail (paa�ag� prepaid) nat more than thirty �b � 15 � '�Y�.Ffr' � � J '` . r„ � �. M �� � i � �t-� 4 ; 4 �� v�•� r. 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' , � .., ,' ' .� . , , • ,"E� =`,, :,>� �� �' . , , , ..... � . .' . ��� '". �.s.!';� � �� � : � � � ' � . . ' ' ' '. ..'^' .. -�; . , . ,r ; "�.1' , ;, . ,� ;���.,.� , . . , , ,. . ` - .� � r' :•�:�';;' ' .�:,1'•IS-,5+. . ��: _=...._...r. , . � � . . .. . .. ..... .. .......•._...._.__._......._._._....�_......_ � ' � �� `,t;.�, �='i.t����1r ; f''.'i', c� � ��; . , a ��3 .5' '.� } '.��t if`:. .. �� .5����� � � . � �' y ' t � '�}.� �"�M j � , `�, �i('�1ilf � ��'�':f �. � . ' Fi �.�,r�,�.S:l•�i;t'��"-. �rs!5•�"1�"'ii` :I� :ti`.`' �1` �..�.� � . . : 1 tti.. :f•w�1.�'r;�:'r,�Si�.'.454�h'� �'. .i,:�i:.:'i..'t.�r.� ..�. r .. . ,, � ,�, •,e�f+5 r ...�k.iL:'�ar+4�' < . '. I � . . . � •~': i • i"�; �'�t•. ;�= Srti . :7i': ": ' '€, . 1 .� 7�,�,� i �7 �;:.F,:;:�?" t.i .. ''s . �.� r:`"°:_� �Y,.,':"'4'v�,1�£T� ±5,.. M1.�t`•�, '! ,. � °�5�,i��� . , z... .'}� �i��Sy.�:�,{'���i.��y��•.;.. 'l�: :j,: i ;.. . � ::.' 'r; , e: � . � f•:r':,��. j,�, �'�'��d4;��?�f j�»: 1�� f� ' • ��:�. . ^; �' ":r:�xr'� �`j 'ij"r�• �i i'�^'i��'�f�ZSru-.� :�� �.I� .,, ':.�. °;�. �` ' 30 da 5 and not iess tha l.L :%' ij•-0�'+�-y �{,,.° l�:�s�� � J,�l,r�,t' � . i � � ) Y n £�een { 15� days prior �a �he date ..k��...�,,,;�,:,.� � _,��'�;< ��;;.,���. :��'t- '�t;: • ��.xed for redemption �o the Reg�.s�ered Holder of each Bond to be ����'f;;��'��}:t���}',��'r��y�_��`�'�..�.� ;..'. � i � /kQ_!S.".� �,> ��;�`.�'�`� ' � �°' � redeemed i.n whale or in pa �.:';�;:}: ,'•° F�:���4 , •, :,,�°�.�>, :�, `: ,,= rt at the address shawn on the regis- �< L` ;:;.�;��`,,�' �� °���y�, ^3i�`.'��:'�t° ''�.`� �''`� trat�.s�n books. �aiZure to give such notice by ma,�ling to any :F�'�i:=-t;;`�'�"s'�,'�;� �`�". �''`� �`�1�:`�+'�:`' ;;'�''4 � 4 �t,�� Re �.stered Holder of Bonds or an def�ct therei sh "'X*.��� �,���� �� '` �r 4� �•:�,r!�}: ...�,I• .7F . � , Y n, all not a���c� ,, . :R�,.�'�'�'���, ��; ��:�. - i''r;•t. . µ���' i �,,w K� K4 �. ;:�= =� ; :� _ �� :.F � the validity of any proceeding for �he redemp�ion o� ather Sonds. ,�t•���,•�}�.��a ���' �1,;� �����;�r.�r;ti<" !'�;;` `� A11 Bonds sa calZed for redemption wil�, cease ta bear inte St f��i1�'����' S�'�{J ` `' `i '„� ;'�;~.. '• XB l���.,;r r-� �f,�.� :�:'.1 ''r,`• � !°, -''�:t:lr;s7' y` f j y. y. x's4t_�t�, j,4� r�. ! j` ,.�t!�{�.; :�.,:•-<�,:� . ...,�:�,�'. a�ter 4LL� � Qn�i1.�lQn� r�r�Q� {�. L%�i L� �% �3'Yf`fi'. �r ,: Y „-.�• s:u �_,.;., •• ,.,.;>:�. P p i da pro ided funds �ox thair �;Fr �; b , .°;,;'�;. "'.'�'"•`�y°:ra•':!�''G;:'�''�" redemp��on are an depasit at �he place of payment at that time �'s}"�''f�S��: '� ��- j�:�+ �;. � i'��'.,' ,.�';'c�'� t : . ' j..., ,• • r�,;,�': .� � . �.s ►�:,� ' `�,�:' -..f��: �: :� ;;:;':; ;';",' Upon surrender o� any Bond �or redemption in part on],y, the City ��},;�" ��-�, � ' r �'�'�,.� � �`':''�'�:��� ` ="� : - ��,��°.' �Y� sha11 issue and deliver to �he Reg3.ste�ad Halder there�� the t�i �'��J$G�� �. � ���: �. ��.5• '� ,'•r:ia.�.*�:J �•,���"� hj��s + G0� 4 4'R��J{����� e Y f13`'=�q ��ry,�''��<5�..��r�,, ..�. .:;,;.:.; af which shall be pa�,d by the R� istered Halde a �...��;'`_� ��x . f,..�.,.,.`; g r, new Bond or r,. �I: �t° %r• � i.. �G;t.� �Y,• 1� i ,: �+i� �`� ' ;��•• • `�,'„° � ',� . Bon of authorized dendminatians in aggregate princi ai amount �; ��"€��'���' ,�j�'' n ,r'.,�t�;��';� �'`r'tk :;.. . ;',�i�•;,f';1,�'�� C�S' ' P PC-,r,,.4NY� ., d� < � �����;.' F' " � =n;,;;. •„.'r' ,:� i�� , �qual to �fihe unxedeezned portion su rende ed. '}�'�°� ' � ��� �Y,'.�`,�:(°��, i��:.'i,y �.Y.!�t�.. � � �!, E�� 'Yf]G(S,'ri tiF..,{ �% ;''� , � }�� �:lF%��a•y�f�; :....�(3:. f��, •�. ,. :.�.•. _ ' � f��n r,� L':� ; � : ..§'�^ii�i ':'`':�• .4- '.J'�,;:n.=:ir:i,'r,�'i';,� � 'R�d . `N *� ��Y �F_i:`..�x'�;��` �.` ';�. �,;�'-�;��:=�,.;.,,�r IP �he date Eor payment of tha princi al oi remium i� an :�,"�{ � `, y.; � .: . .'�{�i,;'�i,l: fti";-.J ... P � P . Y, :��t#`. ,� "=� ,r� � .,,•r :,=��,� �;•„�..�;._..-•:,:;. , x n tt�zs Band sha be tu ,�` t.t ;;,=';,�o �����:k';'�''�:cF*�: ,�;,;; ..,`_. :.��c= or inte est o 1.7, a Sa rday, Sunday, legal haZiday =s��r�' �' : •�;� .'„`,r.-,�.���;;�;'�` �;;:�.�;;';:>�� �.c• � or a day on wha.ch banking institutions in the aity wher� the �=�� ��.�� �� � °'� , �,-:•, ..?, �.,:;a%: ':.,z`: ;��'':;�r'F�;`�`;;+''�� ? corparate �rus� office of the paying agen� is l,oca�ed a�e autho- ;�����- � ,- ���` .��,3�� .•�;.;��t�>.::����t�� �` , '-fs:=;; `. ::��^ ..Y,K :; . �,.-;:= :'. r�xed b ].aw or execut�ve order to clase �hen t e d �'� ��`� �; � 4;�" :�:: M`�•� �`�7.�' ; rT•;�,.�r..'= �, ��,� a entYshali be the xt ► h at� f or such , i�. ~�,,,,a'r: ,_';';,' ,;. ;;r��;� ` S. ::'�, P Ym ne succeeding day which i.s not a Saturday, TMY� v� t. �, Wi. ��• •�i�, ,�°. `�t�'��i<; �':;''``��'� Y��`'°; �� ;.� Sunday, legal holiday or a day on which su�h banking institut�,ons �� �� '� i ��� +�� i� ��R 1:• }':r' •'S. ,f�,, �.: . ' ' t - Y'= :T . .j •.��.. � - :.�%r'y: � �.� f. J;,Y.. 1'..�'a�" ��,lF�k�M,=':,;;;�.;�'- :�;r f�r;�;:�� :�� are authorized t� close, and paymen� on such date shalZ have the ;�'���� ����'y+ �'+�,;E��.;:`�`� i..': ', :t��:4'i:�. �, ' i _ �:P:� �'!': '�' � . C �?�1 �, 3i F1l'• StF3�.�r�_ � 1 '1,�.4: 4.:C• I� .•15if '•y`, ��}.'ti.�i�!1,�± �'. '�t� �• �w�i`^� !A�..�f Y�" ''.� �y . . . ., , „ }' , •`1.;,:�: • i.'�� :d�e .�}r "� ' y `i_: �, ' ..::..'I'i' 1'. :. '�.'_i . : , . `, �.;. �, ;..� ,r�,. . jl �,,'`�: �::, �.•: :'ti:A�Y��'��J'' .��.f3�4G.' .xnif fl•�.��•, 4�!E��x���!�i.l�t`. �'?i.'(•� 7• �� 1'���'.��]�:.Y`1 same nrce and e�fect as f� made on �he nomznal date ot paym�nt. (To be inserted where appxopria�e on fac� of bond: "Re�erence is hereby made to the �urther provisions of this Bond set Earth on the zeverse side he�eof, and such �urther provisi.ans shall.for�all purposes have �ha same e�fect as i� s�t farth on this side.") °�:;` �n and by �he ord�.nance, the City has covenanted and agreed '��'� wi�h the Registered Holders �f �he Bonds of �.his issue that it will ,_y`, fix, es�ablish, r�vise �rom time to tim� wheneve� necessary, main- `� taa.n and callect al.ways, such fee�, rates, ren�al.s and other �`�+k ;F�., charges far the use of the product, servica� and faciliti�s o� the ;�,�' System which will aZways provide rev�nues in each year suE�icient ;;.: to pay, and out of such funds pay, 1.a0� o� all ccsts of operatian �°<;1 and maintenance o� the System in such year and al� reserve and ''��' other payments provided for in the Ord�,nance and 125� of the bond ��R`� serviae r�quirement due in suah year on the Bonds og this �.ssue, r�;�:. and on al�. other ob1.�.gations payable on a parity ther�with, and _�;' tha� such f�es, rates, rent�ls and other aharges shall not be ,�:,, reduced sa as ta be insuffici,ent �o provide adequate revenues for �?�� suah pvrposes. ThQ City has en�erec� in�� cezta�.n fuzther covenants �{, wi�h the Halders of the Hands o� this issue Fo�r the t�rms of whiah �,�, referen�e is made to �he Ordinanae. .,� , xt is hereby cezti�i.ed and recited that a11 acts, cvnditions and �hings requ3�ed �o exist, to happen and to be perParmed preca- dant to and in tt�e issvance of this Bond exist, have happened a�d have been pertoxmed in regu].ar and due �arm and time as requ�red by the laws and Constitut�.an af tha s�ate nf Florida appl3,cabJ.e m i5 S9 � , , �-� � •� :� , .� r� ':� `�� � .�*:;� ��� . ,•t,.i�, r ,, i,,.. � � �� .'�, �::... ;�.;.rv �f*r+• ��.�Y. ,.�. . , . ;t•e.. .) • . :� .. :tpr' .d��:.�y' . . � • • . 4 � , � ; . . � � ' .�e�4'��'�,l;� �,.'�fij :Eta„�.1t�vti��.� �«;i�^ , . .. -. � � � � . , � . � �-0 ;i��< <. �:�:�' •'r° `•:7°' `K ,YY�},�:'`�jf�a,: � � - •,i+�i`. :i' . . e��,%'+.����`�--:j `�..�,.� �: .�� yr.�i'�nir;.�;�':�.•,Y 'F� •. �.�' � y 't: ..;ti � . . . , . . � '(:i,e=.a's i � t� �� :`� ' �. =s.r ,Sti'l�� ,npy"�F.� ,`S'-:a: ` W • , r. 1.•<� v+r, � 3. � • �.ii' - • 4, .,�i,,ar,;. . . -f•. �. w'i ` .{ ",.r' r. a ��C'� '.`�;u'��'x j�.- � �.�a '+'�• �,�'� v ' �.`r. : �y � r t'. . �r i�,; ��5�: ';E•i's;. °:i- i�;.�, 'i `i'''• �%,,:,�..,� ��t�.in.:�'rr5+�� `�i,{.y �r � *'°t:S'?-;��1,'i k'�fy4�- ..yi.�'. 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'tik�'3, ' '.{�, �f1 .�.`•i. • 1. � � . . . � ' ` ' ' ' , ' ` .i'� '1` `r�l .�1 �� . r �,`ti',1.1�i� .� !� I ' i � , , ' ' . , � � ..._.. '' . . . � ,� ' t� �f 1. . .. � �� ' '3Li 1 .ild � 'i� . .7 . . . . i , .;i,'1. ^�lr"��t` '' , t�" " , ' , ' ,'�,js.�t��,.y " . , i ' . : , . , " , y'. � i,�:ti� � , . , ;a; , . � j� '�I�'i°;'�',�':!.7..... ' ' , ' ' ti' . • . . '.C' tf' �.i�•• ' � `i1i�r.�a�7'::�.�R'�S`il:'+JL"r5'waor.:..�:��.u............-....�.�.�......�......'T.t.... .�._.......�.a..�. ... .�... .... . .. _. ...... �_+: .._�.. ..... '+:-:.... .r. In��;a�. H'!� F'�. , - :c.'s:. «.i.el.,�,�t:`,u�w:�(�.:c.wrti�F" ',' ,.'..�� , � *',; �• < � ' • 1 �. � . i• . . :," � ' • . •'r. . , �� , '`�: ; s , t � . •� 'i: � �,. :,',�.:; ' � ��,�s�,�� .i , � i "*`�xr�'•}*`'"+;. , .l' � .:f.S�:�r;.,,Y� ��. ; .. ���.� ''t, . ..,! . , �h,i . . +„iss..•'ti �� �zi.:' . - '..` � ! + �iY•...,.}�,JA• : �� r- .. E.� � : y. . �i � ,;N,�k!.h�1 ��j`t;;1���{ljl't'!:.�, � ' y,, ��C r•� ,���,�'' `�'4 �1 �� 1 . ,;�,` ; ' ; j : � ; �3s�'��t���-'�::r�`�,�,`�•�.. : ,f%: '�i: .' ''.',1'. '.�' . i , ° 1 = �+��E,.t�}•asi ^.` ,��(l„ .i`, ' `'i:�° 3}.; •'. . .� r: ' r�+�x�L�b'AL'`�*�5.1� �y ��" jf;=��'-,;;, j`;1``•°F"' .i;�.,�1.',,� �,�" '• ' .}e7 i, , and tha the i.�suance of �he Bonds at this is�ue dc�es not '��'>'���=��;�.Gr �� . �, y th rato t �: s3., ;s. ��,��d�,F�. t�..h'.i+�-���.��i; 'rti' �! �' , � VlO1$i.B any cons��.tut�.ona]. oar statutoxy limitatidns ar p=oviaions. ;�kk."`'r�=1''�'.����, h�'�;, . ` . x'. .. � � �. S .. „ t�'YyiY�;•„ .4 , I � • y, . Y S; � . F i.:�'� : r �;�°r' , ; ` . . . ' • .ii ��i.3i��' .r .i� �n � � ' C,• r !`, ��••�:}�r°:�=:: �� r �-' �. Th�.s Ba�d is and has all the qua�ities and inc3.dents oi a ;�,'.;;��i��``��F��� � ��F�n'�t'r`';YS .,~•'1 ,r,��,�..,�,',-';. - . �'�: � negatiab�e 1115trL1IAL' t Liri e�' he LT � .,,�r���-0; �,, r . , s.-a�:; .,�:,,, :�,. „ •�, �. � �. � n d t �if arm Conemercial Cade �. t�,1� ;',.��� � �w. ': :=�,f.:: '; ��' 4 = �nvestmen� 5ecur�ties o� �he S�a�e af Fl.ozida. ►;�.��;� ���.� ';t ",:=�J; �" ,> �� �;..b, ', . 1 .r,L,,',' 1,fi` ,f, `'.' t ��,,x,' t`,'. ��:�• �� �,�' . f. ��£ The �onds axe i�sued in the form of ful�y regist�red brsnds �,'��.�3�A��� f� ��� � i ...:. '�'•r,�'' •' iC� �°'� r�, ;F� `• ��"°; �- � .,;�f�'��'�g�L��T 1` � ;�t 'i;i;� without caupons in denaminatior�s of $50[10 or any integral mu�tip1e ''�?tir�� •�� • k` ; `:z�`f�. ":�; •: �'a'_�; '.- �(�_`. . o� $5000. Bubject to the limitatians an�l upon paymen� of the ���;��s�r��.,�}• . '�' , , `; ,��:..,d v i �-�.� '!'�. �'�' '.i' t�'4 y A � ` ,`���:�r�s:� :�;�'% :t:; :-;�, . , � °�;'; charges provid�d in tlae Ordinanae, Bonds may be exchanged �or a �� ��;�`�` � � ' ��� "�:��?;':;�:" _.,,�;�'':,;�ti .6. i�.ke aggregate principal amount of Bands o� the sam� maturi.ty o� r�r� ;���� '-, ;� ,'•i?,:';r'';,::<<.,�`�����-= '�r �'�:;„:.�;,:� o�her authorized denomfnations. This Band �.s �rans�erab�e by thc� ��;�'r�;�' r;��� ,: - �.�;�, � ^'�, ,� �;;;;-.::;�'�, `�F�,'� =�-�t:;,.,°; `�,`,';.; ~ Registexed Holder hereof 3.n person or by his attoxney duZy �utha- �i�{���' .�-; �;;�',�Mt;;�,�s;�,{•�?='. �;�;_;`;��;a;;`#,:,��,.��• :�. � r�.zed in writing, at the above�men�ianed o��ice of tha Registrar, .�"r� ���7 �� •,: :: � ' S �' ' ; , :F :.' . � ?;:;` ? but anly in the manner, 5LIb�BCt �p the ].imi�atians and upan paym�nt ��� �,'�`�� , �: �:; , �,:-: ;f. . : a �ir rl:��..�, i.r.. � ��ti.�' �} 5 '_ ..�E�L • d".r:�.: �,'..,`.�•.:; .;,r7; ..:�'S.. i �''' 35 �` ?' •. :.t ���,,,.,;1; i' I 4 � Ol the charges prov�ded .in the Ordinance, anc3 upan surrender and ,',,� G f�',� � �� �;-. :��, f � ,�� � .'��;�:,�''t;�k��?,,�'`'y �f;a� `1��;tr.`-,�`3`'`�'�' `_�' cance�.lati.on �f this B�nd. Upon suah transfer a new Band or B�nds :'��� • �, .,,., ��t;; ;.�f°,,,��.�-,r?- '" �,:';,; �',,; eE the same matuzity and of authorized denom�.natian or c�enomina- �,�,� �` `'4� `�; . e :�:� �'t�:,, r,: �ti��'s.'.:�;�'t'•;s,vt.� .u, �: ':;�` ;:;;;`;`iv:�;=,�'�,?a, `:;r;,;:;: ;.,�,,;: ; tians, Eor the same aggregate prinaipal amount, wi].1 be �.ssued to `��.x,. ; t.� ;� .T^-..;;;,:�:. x,g.�rr� :n�=.;°. •9.,.'�_ ':.;::;�'r.:� �. � the transferes in exchange therefor, �onds may b� transferred upon ��,�������� , ,:�� i ...,, , {',' � : .1 :I:Y�i�'i}, "ti �'t � �::�`"" :xu:� �;.% ;�' �'�' �:�} ��.�:�;�;;,;:•: :i, '" the registration books upon delivezy to the Registrar af the Bonds, �� ��,�r� ��" ��`' �: -�::''° --ti`:,:::;,;;��i ;���;�'�r:;.�::,t`-� acaompanied by a writ�en ins�rument az �.ns�ruments of transfer in t�;--.��=� ` �,,,��. •3 ;�`' .�ir:;;; �':��,r�>, -,`�i':�':�ry` �;�,.�, forny and with �uaranty oE s�gna�ure sa�isfac�ory to the Registra.r. `� �„s �: � 4': �; 4:'';',; :.�',`:;f::`�=.;' :'r� �;�'��,�'���'�;^����� dul executed b � e t d `�;^'�i��' s'= �r .� ��' � � 7 •*��� � 1 s.�,�'.'' Y Y h Regis ere Ha�der af the Bonds to be �rans- �,� �y��+��� ..�,,�::��,,�����=;;��';�:::'i tl:'?ti•!:.'i,=::`•,z, h'C 4�''t:��� hxF1�3t;?-'•s, ; F.. . ;T f�, �. r`�; � . �.,;�,,,,,;;;� ;, �erred vr his a�torney-in-fact or 3.ega1 xepresentative� cantaining �•��. ���� ��4f � F.�n:�y� !"y; '� ' �ii•' "H�.'�'' .t' 7 ���•:�.-7 �`�:��: 5r��;,�:. "r;°; �;.:�'•-�,-;: written 'ins�ructions as to the detai.ls of the transfer af such •,:�,�� ,�; � �;,. .,, � � � T"�'�;,:���;4`;`,;Nr���;a,,:.;s= ,��;,,_; ,�',', Bonds, al.ong with the soa�.al security nnmher or ged�ral employer `�`i`'�t,i`��`~ ��? �; �i�� .:`,� '°fn ''r;�;•..�. ,"��"�:�_`��~� i � identification number n� such transferee and iP such transferee .j�t`�,�}r �`F ���,_ �:::��, .. . � t• .. �- �j�.�:,,�a:'} r�i�` �irt�'''}.i¢•+ir:., .�. s .�� 4'�'� �;5� �.r •�'="=�i��"�T�<;i;:�..���� , P:,"°:.-.i,:� is a trust; the name and social secur t v e e e o e �.'.y, ;�:"' ;,� �� .;,.�.,i...,; .�n. "���.�:. �� i, y r f d ral mpl yer id n- �•, ;; �,• �.��. ',`a`, .�`:- : � x. ��';.�� .; i� ti.f ication numbe s o � e sett o n b ���'..r���� ;� ��' , .' ` � t (1�"ti-i Fi� }• w'�'� •,'^. �•: �n�]'1.� ♦ �, :.�•f= �,: .. � = f h 1 r a d ene�ic.iari.es of the �rust 4� i��� ,'�'`. � � k�,va��ic�'�. �.0 j.'`.i �•�qSrS r,:' `'F,_s�iEi. ! 'i�;�'�rli.}'. '`'�.,y i�,. ���=��k�;:��;i;�'' �:±; �;�; �•'�',;.,•���aj� the federal emp].oyer id�ntifa.cat�.4n number and data af the trus� ~��i,=.�� :��s�e.�'.��� •�;� : �. ,+:- �; � ; �` . ; � �;"�•�; �:f �r, ��t' •;�'�t:��iG�� � e'R L� a�.�'�.. v+s�,�..r' Fs. � � , s:�' •;,; �.;�::4,:=:�•>.,,; , � and �he name a � s e �° ��,h ��_`�` ��.. .�;, rt,;;,.,�t:. ,z .,, ,,F:;, F,; •.. � he tru t e. In all cases of the trans�'er aaE a ��z�,��. �� x,�; �.,; h.ti��+i,',1�. '.. �� . . F, . .�^ ^'. � x.= r:���'j':tP.;;�;���.,.��s:.,,.r: .,•4,.,�,.:;::;c;:�•�.: Band the Re a.strar sha11 enter the transier af ownershi}� in th� $'�:��z�,,:�d'�{'=�`��''�,�t ,.,i:� T �._ r ,��w�i,,.}tF�Ws .{��cr4;';+�+ti:-•y�`=,`� r � L' 4�-y +�,T. ���.f�� L: :},?;Y.`���• r1t�?;,,�.f��r�::{:o,;,;.;;�.�•;:.�,�,� regi,stratiQn baoks and shal� authent�cate and del�ver in the name '�`x�'� °������ ��` ��'�FS'~ � ��' p ��^��Si :'d �. l:.S:. 'V l ,� Y! } r. �.0 � `�'1 S";��•� :� .�'���.��;�,��Y�;����,.�`•'ay:;�;,•; ,.`,�'•• af the �ransferee or �rans�erees a new fully r�gi�tered Bond or :a�',�;���'����' Y�'�, : � ' �,�'.;t�• 't°•�R�i iw. ;;�.�����; :,:; �-��j� �:�L.�.;.,'.,,, s, ;`� Bonds o� author�xed denominations Qf the same Ma�uri�y a e a �,;;': T'ur.. ���.�� �,,ri ,�•. ; _ .<< f � �.�: u�.�, � _ �,�� _;r D t nd , ,�y. �� ��K �'���:� , Rate of Interest for the aqg=egate principa3. amount which the Registered HoZder i.s �ntitled �o receive at the earl�.e�t praati- ca3��e t�me �.n accardance with the provisions o� the Ordinance. The C�.ty or �he Registrar may charge the Registered Halder a� such Bond for every such tran�fer or excharige of a Sor�d an amoun� su�iica,�n� to reimburse them for their zeasanable fe�s and any tax� fee, or oth�r governmen�a�. aharge r�quirad ta be p�id wi�h respeat ta suah txansfer or exahange, and may require �hat such charge be paid before any auch new� Hand shall. he d�li.vered. The City may deem and treat �he R�gistered iiold�r hereog as the absolute vwner hereo� {whethe�r or not tt�is Sond shail bs averdu�e) ,iar �he purpose af recei,vinq payment af or on account n� pri.nci.pa], hereof and interest due hereon and tor aJ.l other 17 _ ._.._.__..�.�_.._ �.._ . . . , . . . . , . - - .�, - __,.,,,,.,�. _ . , . .. , � , ., . � `' � � � 9 .. : � `.•� � �: K ' �'i �� , ' ` .�����`, ' . 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'14+ i rr��` ;��:,, purposes, and the City shall not be.a��ected by any natice �o �he - � - ,."��'? . , oantrary. ��f� '�. ` This Bond shall not be val�.d ar become obligatary tor any purpose or be ent�.t�ed ta any security or benefit undex the Ordi- nanca until the o�rti.fxca�e a� �uthentication hereon shall have been exeouted by th� Band Registrar. IN WxTNE58 WHEREOF, the C�,ty oP Clearwater, Florida, has issued this Bond and has caused the same �o be execu'ted by the manua�. or facsimile signature of its City Manager and countersigned by �he aaanual or � iacsimile signatur� a� 3.ts Mayor-Cam�aissioner, and its corpoxate s8a1 or a faas�m�.le thereof to be affixed� impressed, imprint�d, Zi.thographed or�reproduced her�on, and a�tested by the manual or facsimil� si.gnatuxe ot its City Clerk, as of the Dated bate. - � (SEAL} ATTEST: City Clerk • { .,7x,t�..... � ...� . ', � ` `� � ' • . . , ytll ' i . 1 . . j � .. . 1 � . k ' ,�., , . C�TY OF CLEARWATER, FLORIDA City Managez Mayor�-Commissioner :r APPROVED AS TO FORM AND CQFtR�CTNESS : City Attorney � �$ ' �� � • t . . , , 4 f! ... . �. .. . , , ,. ,. u .. . � .-.. i - �MA IRti � , . . � L• * • I . ` ,� '<:� '+ i � . ' �., ��. �5.�-. �-r;'l� r:�f:?4F}:".'�i; 1s'�1'aw.asr;SF�"an.sc,�ry��••.ar:•7 '�'.'�.:y.�4'�irhrn�,�'•.(Jt.?��e..`-'?`i..._.F;•,�57M��.oRa�.��.��J�1��;H!,"Yk�i`i���`.7r�1 �F...'�a+'I!}. ���.�'"����'?"iPk`y+,r�l�N:i�.{Z.t�.r� -,�.r'>� Fr;-,.\ (ysr....�.:. , -'.�:: a�a, ,'.\ -. . . . Y'. fi . ' .5 ' .. , � , , . a. .C�l•r i. .,,� s ,��. . . [ y J k Pe. � � ;�'i�?� Y ' � . .�°� S �rl��r �N._;-,.� . . . . ' ' ' � ,`i.. ' S:s�le7k,����'�:3� i. •^�Y ''�'� _'�' i• . �,�y•' �,c' � ,,y,;,, � rr.:y�. � c' . .. �. ,. _�.� �,5 �]�:^�. t-+y �. , •} � s1 � l. 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Dated: Siqnature guaranteed: � NoTICE: Signatuxe(s) must be guaranteed by a membar o� �he Newr York Stock Exchange cr T co�amercial bank or a trust company. , .. .. , _ ,... , ,t . . .. . . 1 i: � NOTICE: Na transfer wi31 be r�gi�tered and no new Band w�,iZ � be issued in the name a� the ' Trans�eree, �an�.ess the �igna- ture(s) to this assignment correspands with the name as it appears upan the face of �h� within Bond in every partiauZar, withaut alteratian or enlarq�- ment or any change what�ver and the 5oa�.a1 Se�urity oz Federal . Emplayer ldent3.ficatiun Number�� . ot the Trans�e�ee 3.s supplied. � � . 2 (f , . , �...._.._-_—��..._._...-.-.,. : . , _ , .. .... . ,.. .,. . .. , . — .--� . ..., , - - �,tx:,��... t , s , � � 3 A � � ,r 3 } � , �� '�k;S'�?'ti��i,�=t'�`':j. .�i� . . ,. ' "'., ' �,�� �'.��r . 1. �'J:.r.`\^ . . �•i � ; . . . ;,?�• . . � . �� . ,. � . . . ' _ • . .. �-r,,:+ : rr`:f'c"''.,,�:,. . n,.n..'i`S!T:.�3'.,en�!}}��+`47Q.i�. _� . 'PI'!3 , , � ' � . 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' �.s �,y:''�;-��?t„">"=.�x`s �`. �,•�.,�.� `` .r.� '• :s ; � ,� • .k,Y" �'��:i •�:�1,, ��;, ���" �^� " .. t'7 : . �',�is' .1 +��~.� '•r. , , �`r�.� N.3. ..,r;v' ;,�; ��.° ; ,, , _ ." ;t;j �`k,.�; �:�ir7; `��1:, ,•{•; .,; ; .;.; -!°� ,�� - Sectian 1a. AP__�?L�CA����J �E„I,99,9.�,OND PROCEEDS. The praaaeda, '��'����•y� f—M1a:�r,= ' . '����� ;s:� :`` ,';;'.• �'"� n x nd remium if an rece e �'::4s.'��•�.-,�'s,� �.'+ .,, ,; :�,- includi.ng acc�ued i t� est a � � + .�-�� • '��" �? +,, , :, ;: ,:; . . p , Y � iv d �rom the ,,.� ., �, f:�� . :�,.�:"•r,f,; :-�'•�-��:,,� •`;� .;;� ,,. sale of any ar a�l o� the 1.99� Honds shalX be a lied t e �';;,;f���: yr���'�� '� ;-r,�'- `'- ,,;�� ' �+ Y PP bY . h Issuer ,.,j, ��,;�,�„�r,�p •t'�4%`�}i' :t� .�,': :t�,.�.� :•s�7!•�. �s LQ�J.QWSi �•'�`��<;�yr��'y`�;j m�i�;i,�jy�'n �y� ie'k�s. F ;{ � ��7 : .;�}'" . I'..';i'ti �f' �. , ', � , �1' �.`.'f�^"'. '! l+ . �'il.;:t .�:: ' '; + �'� �. + f;;��" ;�•;,;•`;,'`�• '�t=i, �%;-�, A} The accrued in�er�st shall be da os t ''�t~���'' �'� �r`� 4" ,.� ,,, >.,�, i p i ec� in the 44�,•;.3z,.: ,fi�,� .._ �,, � `=�= �`' ";�= � ''!• �'� Intere�t Acaoun� in �he SinkinR Fund herein creat s �{`�'� "��`�" � ''' �::: k�i':�.''�i•GiL�:•��,`,�1 �; ` .4.' : �. J ed and ha11 ba �,:��,r•���'�� �, � y° `�'}' ..Y^ • !-' , ,R,':C.. ir" V Yi�� �";,x�,�;`�:�;;. >�';. .'�j,:,�;'�, usad only for th� puzpose o� pay�nq interest becoming due on the ����_°'���.�r '��=���, �:-<r �w,� �i.su,�sy; k� ��t?c;• � r :��� : t�r i,.�;: i�-c j.' ,i;zcv�i�� ���.'4w ::��"rrr. � ';�;. `.��t • 1��1 Bands . �p� ��.�Y � � r !�w ( : °'4 � -t., eS: t t�;; `'?'I'� � �' �? ;'.' ' ` °, I �''� '.� , . 'Y.p �,' 4!<: vt -; , y-,°, �r' " . �5��� �5��'T� �5%'• ` �� }�; f����� S��L :;",���-'�;;t,'t�";4;,;.�,.����-`� • (B) Unless prov�.ded �rom ather funds a� the Issue� on ��,�,a't"�`�,��-��e��,'�� ���:i,i'����;�`:,',�i'z�re�,��: ''`:t�,"�'��;,,� the date o� issuanc� ot the 19 1 0 , �;",{t�'^�;' '�,x,' a ��.. 9 H nd� a sum equal tc th� Maxi�um ;��;��.i•�.� ��.. ;.. �,��,;r�;,, ;�-,'.,y_,��<_ ;'�+;�,�,y:'_,+,:,; . Band 5ervice Requiremer�t �or the �.991 Bonds shall be depasited in ;�:�,,};`'�;;.��1���,�'����' ,� •' � •'.A' �=al.�.I��� t b}i� ;.�� '+YSy.FYt� � f' ��� }� �, ,-�� ��*..r,;�,� ,�.�.,:-:s: 'r;•, the 511Y]dGC011ri� �.Il the Reserve Account in the S nk 9 � :;:� <.,, w;,�?�,���� .,��y.. ��, ' `l�°' f,,:s . ..; 3. in Fund herein •; , ..� , .;� . �,,,,.. ;�,.: '��'''11'`•':r'• r;17i.�' ^. {x'.�'. .:" :."�!ll.�._'I�P 41 �i (�``�h_� �' �4¢4 s}. et"-,:it,��,( �:'.r.;;r•�', =%.t � 1-=.. ; ii � ,`y, �,�,-1 titi'•`'.`ir a„�rt � ��'•,: '+4.�,�� Sr '�r;;:t� :� ;. =�'s, i`�54�""t.,°�i,t*'I� 'j.�%-:ts+ `''��}� '��.' .'`� �t,� . ':� '�s'i:• V�;,f[!�3 '��S:�i''r•'` : ' a, �., �� :�� �`•.•. �i;;.;; �� �'r�. :t�r, _ � ,}:,:ty: ; `: K:'� ��i�'' � +�+}�r�{ �;k,���,�Iit,�,���i�% � areated and es�ablished fos th� benefit af the 199�, Bonds, and sha�.l b� used only fos the Furpases prav3.ded khera�or. (C) Unless pa�.d or reimbursed by the origi.nal purchasQrs of the Bonds, the Tssuer sha1Z pay a11 costs and exp�nses in cannec�ion with the preparation, issuance and sa1� aF the 1�391 �Ol1�S . (D) A sum which, tagether w�,th �he other funds to be deposited pursuar�t ta the Escrow DepQSi.t Agreement, and the investment .income to be de�cived ther�from, wi11 be sufficient to pay, as of �ny date af calculat�.on, the principal at, redempt�.an premium, if any, and interest an th� Rafunded Bond� as the same sha�i become due and or redeemab�.e, shall be deposited puzsuant to the Escraw Depasit Agreement. Section 15. S��'C�,�1L OB�Gp►TIONS aF ISSUER. �he Bonds shall be specia�. ab3.igatatons of th� Tssuer, payable sole3.y fram the Net Revenues as Y�erei� prov�.ded. The Bonds do not corlstitute an zndebtedness, la.ability, general ox mora�. obli,gation, or a pl,edge af �he fai�h, credit or taxing pawer of the Issuer, �he 5tate af �'a.orida or any poZ:Lticax subdivision thereaf, within the meaning of any canstitutional, statutory or chartex provisians. Ne3.ther the State of F�.arida nor any poiitiaal subdivisian thereaf.nor �he �ssuez� shaJ.l be ob�3qated (1.) �o levy ad valorem taxes an anv property to pay the prinaipal of the Bonds, the in�erest thereon or othe� cos�� incider�� thereto � c�r ( 2) to pay �he same from any ather funds of the Tssuer �xcept from the Net ReVGriLiP.S� in the manner provided herein. The accep�anc� of �he Bonds Uy the Ho�der� �rom time �a time ther�of �ha1Z be deemed an agreement hetween �he Issuer and such Holders �hat �he Sonds and the indebtedn�ss evidenced thereby shall n�t constitute a lien upan �he Systam, or any part thereof, or any other property of the Issuer, but shal� constitute a first and pr�or lien only on the Ne� Revenues, :En the manner here�.nafter prov.ided. Th� Net Revenues shall be immediat�ly , subject to the lien af �hi.s pledge withaut any physical delivery �hereof or fuzthar aat, ar�d the lien o� �his pledge shall be val,i.d fi �. 21 1 � r -- L� � � � a y_ . r � • t, : ;': � � � `I.�� ..�'� � �� ,��.-..._...r =„ ----- . .� . 'i� . . . . . . , .. r . , *:-.r•,�,t. _ , .�,��r «`,jvr.�.�;:-:.�=l.3"s ,r:,x;?•:`,A:r��"4S!� � �r�%7v�• {?�.7����M'`4�'.'��Y�,3� 5y. �:�� '"' .. . � ; . .`��� . . .. . , _•. : ��� ., �r' . �� �.5 �•..�: :, �s��tist�'" ��`�; , �zf'�; . �'�;'�:yd ;�,;,1`s,���t4.f����.},, t- ;,� . . 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"3 -� ' �.�' ' ia l. ?�Y"� . e � [' 'yt;t':a"'sa?. :� .�:- � .. _....._.._•_._--- .._... ii . �jt��i`:�-i�l�i{kis't?�1;t�'+.'; ,... .:'��r`.�:;;;::Y�<��''� '� ;�:1�:,�,�:•�,�;�': '•� ��, and binding as against aZ1 part�.es having claims of any kind in .,.; �•N•pi;;,� ,.�. �ti :,';:;.. ;;, '�r�;,:'� '� �� �' � ; � tort, contract tir a�herwise against �he zssuer .k,.. ;;ri. _,��:�-;�,�' � : :�, • ;�,S�.�ty�::J L.� 'ft"�r ~��•'y�i.,, ' '." °'.}^;:" 2�% � 'k` ,;�+L�T• �':.:.::: _a '- ! y . �' �.,1�=�i".�:�;�•,::>+;�- ,�'.:�,:���..�;�=;:`t- , The payment �i �he prirtcipai af and thz inter�st on the Bonds .��-z5'-���;r1'': �:: �'r'��;'; :;,.;: ;_��.:.��'::c=; �• ° shal�, be secured �oz�thw�.�h equally and ratably by an irrevocable :'''�'��"''"��`` ��''�_•�� "'°''��:�`' �"�` f lien an the Net Revenues og the S st�m as defined herein and �he : ,.'�;+ ��`>:r;���';:;< • "' �:.�;.:;t.'f. ;i � , r f,�.'i,�.���,5r��1r�r,ry',�'��''�t"� ��1�.�;�.�i�'� I issuer does h�reby irrevacably pledge such Net Revenues af �h� �".»'�t•;;+°:�b#.;���'-� ;; - ,' Sy�ts�m to the pa�rmsnt of the principal ot and the inter�st on the i��', �:{'�<; {~'�' �,;��';-�; ;i��3�� �'� Bonds, f�r the r�serves �herefar and ior a�,� ather required a•'���:.f,r° ; : :.o„�••-: ,'': ;= payments. ,1�:�•'r�rs.'�:,='?`� _�'.r�;� •i.;�+• ;'ti�„ , '. '`;'i:.'''�`s;� ,�t:,:�;` ,,;:,Y1,�� � ,,�` � ' _��' �� `�-:�' '�� ��� ��C sectien 16. CQV ANTS OF T �8S E � . :•a�� `����:� � ` _,���. • � �`�: _: •r =i� .EN H� �,T R. Sub j eat to th� prov�.- ,�., � �,•�,�.,�..;, �. _,;�':`�;' : i�'�z�. '�;`~`:;;' �,•� ��=,�� - sians o� Sec�ion 17 hexeot, �vr as long as any of the principal af -���"�'���'''�`•�'°:���7`� ��t`�����:''��=`'£�' and interest on any a� the �onds sha3.� be outstanding arid unpaid, ' � e �.f �'��:,;' .1; t ... ti';`:_ .'.•v.1 f ,e. �";r%:1;;:'.i-`4� ;;{�'',:=�;ti�:;`,` <:'r�.;;i,;• oz� unt�.l payment has been provid�d for as herein perm�tted, tir i.'.C.` ,• i:.�,�' ',_:,�: ,..;.'1:'.',...;,, , '• •���r:��5�i��"� :��"� .y'= :=.::;,'i�"'���:;-a:, until, there shaiZ have been se� apart in the Sinking �"und, �ierein . � ;' � � rj e � �! f: .y,'. °iti.i ..);{•;��y�e ; ���4' t�'�:.h.n:'4,''i ,,l•�? �i%;�{f "�� � 7f;',4 �;;��:'��,� �����<<,��;� � established, incl.uding the Reserve Account therei.n, a sum su�fi- i" �fT ,,: . . #' !'L ��h (�5�'� �'° � �''� �� °`-� �• cient to ay wh�n due tha entire rinci al of the Band e n =•l;ti:.: a.,; �.�;., �• j:'.:�.�'�.... .. ��,,.•� a }��� ��.�.;��::�'�•:;.�:, P P p s r maini g i �'.:,�;f�`°'-:{?;`;',_,. �;;:�::?°. ;,a,; '�}i;_�-..s•`' unpaid tagether caith in�erest acc ued ta e ,. ,�, ,..;a,: �� �;�.,. , r and accru th�reon the -: t�: d,r�.: ��3;:, . .i.. ° ','=. ���? •� •'f'` 'yf , :,�' � i,i:;.;'�, , . }`.' •e.r.�:-: •_ � 1i-.� ��'� ����` � �'; �" ; i;�... .':�: R.r�a.��i'.'� ?.� :t;o�.j�. •`�-�;'i;;'�.���yr'.,�•N;t.":,;::�.4:.: �,� '.!'� a�:� �`fli lb.t•., rf i�`'�''S,','� '.F4}1'� � : =;-:.;M:�::;.,` �:..;:::. :�;;•, u.`�'�- %',"z�.�.'A f�e,'�,'r:;:;���` ;�'s* .:� ��r;•.��y<:;:. . �i, t.i � . .. }}{!{ .;..;i;:,.t:,'s:... ;a :' . .Y���i:.t'f:,� 5� . C;,',r'.-�.''' �iSt�ll�•�t �. '•:1. i'�y;.* •.. ,Y"' . ,h�Zl.,':,. h -. r i : �.. =� :?Y,.! � � ;". 't-=' ' , : Y)��F� 3 '..+L, 4 r 3 4. 1,` �. . r`.,: �3`iG,'•. ..'.:.; , .rt�.aP..',�t�.t.:,. !Y_.�;_�:�'1i. yGs'A, .�;i.ri .��"��': iF� � : � ��a:;�`t • : "�,_ `:���,•� ".`;'x:'fa:;,,, �x�-:e�.^�' t°,..f:f::' ..j ;�i-. �: s ` -Z.� F ,.l�,ti� .. ''}." Z;�x� - �`"�,� ,,_:�:; 1 i � :�,i , f�` F.:,;; :3r �� ";'#R f•` s s'• j,�_�:: ', w�. ;; ��° .. '��h,ii,�,..�•�.;r, 'i+. 1•��� �:�,; ' :' r.: . � � � .. :':; .' 1. , Y's��.. y� �l���'�''Ni�� 'S'�i.`+.�.F�t�' T:3. A:.c,K�.i � .t.� �� i\r4`1 �,��,a � t�"is� ��Rl:, � j ,5.��, � �aif�;s �."jG....1,3t�.r.. ��..t 'f'�??.'...F. ":;�1:. xssuer�cavenants with the Ho7,ders of any and all Bcsnds as follows: (A) REVENUE FUND. The ent�.re Gross Revenu�s, except �he i.ncome from investments (h�reinafter provided for), cierived �rom the operation of �he System sha21 upon rece�pt the�ea� be deposited in the 'SCity aF Clearwater Gas Revenue Fund" (hereinafter called tha "Revenue Fund"}, hereby created and established. Such R�vpnue Fund shal� canstitute a�rust Eund �or the purpases herea.n pravided, and shall be kep� separate and d�stinct �xom alJ. othPr funds of tha Issuer and used anly fo� the purposes and in Lhe manner herein pzovided. ��-�,�;�w�•, . (B) SiNKZN� FUND. There is hereby created and estab- `��"�'��'�� lished a se arate fund to he desi nat�d "Cit �� C3.earwater Gas ,_„�;,,.J, P g Y �. Y�.�; Syste� Revenna Bonds, Series ].99� Sinking Fundf� (hereinafter ca�lled �t' ���� �'� �'s�.nking Fund�� j. '�her� are also hereby cr�ated and es�ablished in A=° : ; �.s:: ��'�,'_;���:3 the 5i.nkinq Fund faur accounts to be known as the ��Interest ;� fr,.�' u tr u u t� n ,,�,`�,.. Account � Prin�ipal Accaun� � Reserve Aacount and Bond Amarti- `�}n' :'•� Zatzol7 ACCOLt11t" . A separate subac;aour,t sha11. }ae maintained in the ����s�; AF;.,�' .,. Reserve A�count for eaah series of Hands, (C) D�SPOSZTION OF REVENU�S. A11 revenues at any time remaining on depasi� in �ho Revenue Fund sha�,�. be dispnsed of on or betare the fig�eenth (].5thj day af �ach month, cammencing a.n the mon�h immediately fo�lawing the delivery of the Bonds only in the �o�lcw�.ng manner anci in '�he foll.owing order o£ prior�.ty: (1) Revenues shall first be used ta depasi,t in �he ��C3,ty o� Clearwa�er Gas system Operation and Main�enance Fund" (the '�Operation and Maintenance Func�" ) which fund is h�sreby created and estahlished, such sums as are neaea�ary for the Cost of �p�ratian and Maintenance, as h�reinabove define3, for �he next ensuing manth. f . • • � • . �5 , � 22 _ — ._ �n: r �i,; � � r� � ,I r�',, � � � .J .� ; y. • •i . �i .: � �,� �y -. �::' , ,, x �r: ;.,� � ti; �, f �� .J'� : ;, 4�tg' .:iCt���("•.�.••:rx.,.tr.'� »3u�'"�;wX „�a�� '' �'"""' ' _ ' ..�� :a f..i;* - . � i».'�',T,r„ a �� , . fl �. , �n.#. 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' . .. • � . 3 �' .,: ,.�, u j�, ,:°�,r,� . . . .��14 � � .�.�.• S. .. . � ' ' � � � } � :yt i��,sV � ���I'�'.d 1 . ' , � . ' � . . . :.'�,y,,5e .ys;l';,iea�,'°t, •y';' ', ; ' , , ' . F=," �t}.'•t L'�}� ����1 ,. � , .. • • , ' . , � >:''L'i�9.�•�I'��,*•:„ .11 •' , ' , i ��: L aij'•t�.�...� � � ' . ' � a.r- �5��; �� :��.��.`, `�:,��•: ������,�+t'3.t���1��``='fbe .F`• - • . '.f �':>1 » �' ,'r+�' �� , • . ��iF�l{!'�+K�Ra�r.:.:..i:.::..,..._... . .._....�, ...,,..,,. , " ' ......,�..,.,....�..,.., . .... . ........r.. _...... ...�._... � ° s . - .... ,__...�.� . _ i� '. ,,F '-�'.':t, l` ..� r. . :�r,-V: a:�ra.t.: ::(�'otr.:.:.-:a.�tz+.fur.a.u�.«..n...r.. ,� ^'} �.'i,� � g,.��i S" . • '�I ;�!''.'s.'.hL� ''+,'``:i �. • ' 1�rf • • ' ''�'F`1�;i: :�',:j,� ..{�•:i.. �, � ��?' �i7:. .eS: ! tI; � ;t �' � � »w ,t � , . 4F j:-'.k.:.�!.��•�i3•i�: .:�:k' (..�i . � ' , . l��t �� . �, ..i ....� r:l ' .�l;.� .' ,. 7�.:? F'�.`4:.r `... �•Sf r( �.1^ . ' �':.f•_ �:ti`7�f=.:,. :k'^ .ti:: i t�'�i;�,;�,5: �,.`R :� ' �'j- #;Y��:�:;f�;,�;?`� �:`� �� �;`;����;! .:�:, t, , {2) Revenues shall nex� he used for depasit into `''wi,�`..�;yi:;�',,�'��b,rF;. :. �,:i\y ,t. .t ` y=�•S ����...� �:.: •.�:�,r�;;.,..'�� :��, the In�exest Account, such suma as wi12 ba sufficient ta pa�► one- 5�1..e�.'��{�r`�i,�,•i'.�' � �..`S` }. t" .i �. ���;a.����,-.:��-;��`.�``� ��•�.'..:. sixth (ZJ6) of all intere�t b�caming due an the Band� on the n�xt r:.e���`.,. .i,. ;S;'�: ,., • �° ._ .,�.;�.F�.�, �:. ° r�..: _;,. :,:�,;:;�<, semianr,ual in�eres� payment da�e. ��,-y!'.{r1MS�+"s:�f{1.�;�.:.S.+J. Ay.�:.;l�f...;`' ��:;".i,a`.1;'r;�a.�;�i:iiti�.` �,.,�� .. ':�� .. ' � r�i r aaE��i., 1 �:�.f1.�'�''..,}".+` °4�0 �,�r °�S~��' � t �� ;� 3 Revenues shall. nex� be used �or de}�osit i.nto i� .I:rf�YSd 't���� i'�h �{�.l��::',:'��_ � � Y ,`'°�`�';���s'���;°��;`�;��,''' ��`.�`;z�:°;:` the �rincipal Acc�un�, in any bond year �n wh�.ch ��ezial Bond `t�i;���'',;�i�;��'�s.;'��=��:��;`�':����i=��^'>'=;;° matures, such sums as will be su�iicien� to pay one�twel.�th (1/12} i.;{_�.,�:�„_ti�,f�•,.�.�: z".�.:;.,�,._.� {�� � t e p�ncipaZ matu ing an Serial Honds in su ye �_....,,=,,�•�•�:r,:�s.k;�,Ri„ ~� ��' �a,�� � h r x ch ar. �T%f`�')H.J;.':;k;,*.ii'r...�:�. f F'.':7tt'�i�;�+�� +. • •� 1' r . ^ 73'.'t t r.,� ��,���'`�.s:'`�-��,�, 4��� a• ;; fA..,���,'?� � � '5.r W`Y� �:'!*'t T.J;�.;,� ,�'.°;�. �±:I:lr.��. �;.�:�'v...;;;; -.. :,, ,4�, .<•�.- (4j Revenu�s shall next be used for deposit into '�� ���"��'`W�"'r�;�'� ''�, �'`��� °,`�`'� the Bond Amoxtizatien Acaount, �n any bond year i.n which a,n Amorti- �k-• {� ::� Y`..' § :r:r''�-p':�:r'?,��:.u?;:. :a�,.��.j�E:;�„� <��=' i 0 � � � „ zatian Installment a.� du�, such su�ns as w].1 be suE�ici�:nt ta pay � � on�-twelfth (1/12) of the Amortizat�.on Installm�n� required t� be ;` m�de in such y�ar. Such payments sh�ll be credited �o a separate �- speaial account for each series a� Te�m Bonds �utstand�ng, and i� #�'� there shall be more than ane stated ma�urity for Term Bor�d�s af a �': �er�.e�, �hen inta a separate special accouiit i.� the Hond Amc�xti- `j zatian Accaun� ior each� such separate maturity o� Term Ponds. The �� �unds and inves�ments a.n each �uch separate acca�nt shal]. be p].edged so],e�y to the payment o� pr:tncipal of th� T�rm Bonds of the '•� series or ma�uxity within a series �or which it is estab�ished and shal� not be avai�.able far payment, puxchas� or redemptian oi Term ;,, �onds o� any other series or within a series, or tor tra�ns�er to any ather ac�ount in thE• Sinking Fund •ta mak� up any deticieslcies ,=� in required payments t]:`�.�ei.n. Upan the sa�.e of any serias of Term Bands, the �ssuer shalz, by resol.ution ar oxdinance, establish �he amcunts and �afiurit�es o� such Amort�,za�ian Is�stalZ�nents for each ��eries, and if thex-e shal.l be mo�-e than ane maturit�r a� Term Bands w��hin a series, the Amorti.zatian Installmants for �he Tarm Bands o� each maturity. In the event the moneys deposi.ted �or ret3.xement of a maturity o� Term �onds are rec�uired to be inve�ted, in the manner provided below, then the Amo�tizat�on �nstal7.ments may be s�ated in terms o� ezther the principal amount af the investments to be purchas�d a�, or the aumulative amount5 of the principa], amount of investments recZuir�d to have been purchased hy, the payment date of such Amar�ization Insta�.Zment. � Moneys on deposit in each o� the separate special account� in the Bond A.mor�ization Account shall be used for the open market purchase ar �he redem�ta.on of Tex�m Bonds, pursuan� to sectian 15 (D) ( I) t�ereo�', o� the �eries ar maturity of T�rm Bontis within a s�ries for wh3.ch �uoh separate special acaount 3.s estab- I�ahed ar m�y remain in safd `separate sp�cial account and be inveated ttntil �he statPd date of maturity of the Term Bonds. The resolution or ordinance establish�.ng the Amoxtixa'�ion Installmen�� �ar any s�ries a� matuzit,y o� Term Bonds may Iimit �h� use oE maneys to any ane or taare of tha usas set forth in the pr�ceding sentence. ,. w.. .. . �s - ; , 23 �t--�- - , �- .. . . . � - i. .. ; . .., ... .ya�-'� :-� • •� I�r:>t.r ��. �; jY' ^ "erl; : i ' Ax �•�i h �1 x���:. � y ���'`i �S S t�' � ���' #� *'S +� �y,.� e: � .,� �S �. r�"''3',�, ` . ,' ( �y ��. .., � �� i � �r •q �'G� , eb+ �i b ��a f S ��• ...i..� �h �SY i � c •f'" � �r�� �. 1� i` �" � t�c .J :i�4 `� �3� �'�� � e'��� r ��r+f° � �. )� '.tt,� . t'' T' `�'ii.,.e#��i�„L "��r� fr� 1t`% �. � t.ty.��.=«c���r��(,;C4� ' � ��.:t�r e�:pt.*^y:`t". ���5 ,1 �P;,^�. ;,�;i. , �p„ . . . . .��:j , �,i'� �'��iSi�'i; ' . � :. � ..Ya �..j . . . ` . . `,�Yl�•,1' ' (! P''''S�., j?'i . t , , , �� 1s�;'>l,1��:4-: ,, � . , }.'.��V''i. . .. _ ,r S � .. ' • ,�„�,. 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' l}'' depasi.t thsrein. �1�,k':F��1��C.�/:F'���Yf�:lS�l.1.�'•",� y. �_'i`.«' � ,w!�.r:tle : k%,..5�;. <<�;,'��. ;?,'#3~='��, r.,:���: y;� ;;�;•,._.�� (5) �tev�znues shall next be appXied by the I�suer �,i':y �5,i!•�`riS��:���. ,�L' yiS��,� - :1�, e r 8�� }" �� � to main�ain in each subaccount in the Res�rve Accaunt a sum equal ; •.Y•M 6�....Y'a,�.,'�`. .�� xf �q�%ii.. � ��'.,T ��l.�:a.��� f�:if' �''_>>=,�r'i�''.��`� °�"^�` �' �'�?� �i'�'E''`=;'�,w;�. to the Reserve Requirement, i� any, f or any subsequ�nt year on eaah ;� ��=;`w`�R;;?„�04�;��;=:'�•" "•�� �.; series a�' Honds, wh�.ch sum shal.l �.n�.tia�.ly be deposited �herein '.>.�,,:f ..;:: �-'����r�=;�'�#;; ��_�';�,,,'r,'}f ;°�� -��:.•� frem the proceeds of �he sale o� the Sonds and dther funds o� the .s,- - ; ��','��:.i�•lZ _� �",7 ' ;'�;�. T '��' j.'t.%'�i ��T= �: }S�+au'I',:�''" i i•• 1r�7SuQr • '� v`�'�;<,,�T' y;:;�=:•,`,��,°.,;•':�'�,�':�: xo the extent the issuer d�term�nes pursuan� �o a ,i 1..�K��:.-k�.iiJt��'}f.l'.� . t„ iit°; � � "='i! �'� "`�Y:�,�7:��= �= ��.`�=" �� �t;'=`��`�'�'`�� subseguent resolution to fund a subaccount within th� �te�erve i,i;ir'a:..a.R s:3'i•-•.� �': $ t•�ti...:•ff:�,1.: ''•'°'�F;:t<;�;�,�°,�'��`�'- `'�°-�:: Accaun� for a res ective se•�-ies of $onds the Yssu�r may prava.de ::,� ., � .� �' i�':;J�'>V,:, :7,�S�r,�yS`;iif��:'E:�.���i;�R..i�.A�,:� . �'�,;�.4 t1l4i t,s.�;, .; .,,.,:�tr��:,. . a�.}�h� c�.'.".�:;"�`" t S'" �" �,;'"} 7.'. °''45�;..';�• •,ftS�M:r;�;',;::r:=°`',� ;;_; -:���.,, ,.��•. .,: ;.,'��..,: � , , �,y:�:��g �{.���ti�.y;:, "`� "i'!''yr;tL� �r1�"..lrt:.'e iF:.p.,.''_}z. �;,r..}:C«� e'. , ° , ; ��, . r ���.,�<<�;; •,s E:., F��"� �. ; ,:�i'=�qr ��:•�a.;�•-S� .. ��r.�• U t � f.! �\� v � ����P\�<<S s�=�:i:ae c� �1,:s,�s�.?,'; •t;r�tr<� . ��tl+'��ies�i� ;l°17�s'��%1 �i�.,x�n'1;�.'»���'°�'•:i. ,t•::4y:,�.,.�'.�� ,3• �,r-{;i`:i �= <� �F'��;'l 7; il �' '� i hh:iJ'�:'� �{ �.�.�',� {.4 j f:�f�,.�i a �T'?�'.�liti `� �% � t;: v'l �. }..�' �ri'.';.. �� t n�-�,t• •r"3-'^'�. � ,r �� ��ZL?�t.�'r;��• ,��,.;s.:r,,;; ';at� � r' � ' �n n f: �:.;�; ti"h: ':Y•L.:.f,�';a:i'- �:,'.'�4e".FC','.'...i� �"'�' +' •'., ; �;:f..'�. :y e� Fj.w�� .` `i,:•:•'r r�:S,3�'%Ii4:., ..'i`.�'i 5 A'�"'� t��'���'t: .�. .:.�i �,�.��_:f'. .� .�, �..`4`''�,�.', ;l.s�y 3`3 �- ,.t,; :r:}• �k?s;.�,,j�s :t'�`j'.''7i'f�4'ii=r=i,r .,�-�.� ; > ; .. � ; . �. �a "'.tr. '<�.:z `i t7��n� . -'t.t.`{,fFiFF�„e'lCJ....a.;���' �4��1'�lE:°.�ii. . � � � / that the dif�erence b�tween the am�un�s on deposit in such sub- aacaunt and �he €teser.�v� Requiremen� far such series af Bonds shall b� an amaunt covered by obtai.ning bond insurance i,ssued by a reputabie and recogn3,zed municipal }aond insuxer, by a surety b4nd, by a lett�r of credit os any cambination thereaf oz� by such o�her fcrm af credit enhancement as sha'l1 be approved by a r�so�.uti.on o� the Tssuer adopted pri.or to the i.ssuanae nf the series of Bonds �as which such subaccQUnt a.s estabiished. Sucn resol.uti.on may a�so provi.de iar the s�bstitu�ian ot such credit enhancement. Band insurance, a surety bond� a].etter o� credit or �ny aombination �hereo� or such at�her fox�m o� arcda.t enhancemen� mz�� in the futur� be deposited in the subaacaunt �.n �he Reserve Account tar the 1991 Bands as sha].1 be approved �y subsequent resa].ution o� the �ssuer, prcvided that the pzovider of such cradit enha�cement is then rated in one of the twa h�gh�st rat�.nq categories (without regard �o grac3ation) by 5tandard and PQO�'s Cazporation and Moody's Inveatars S�xva.ce, �nc. Any withdrarrrals fram any subaccount in the Reserve Ac�ount shall be subseq�aently restnred from the f irst moneys ava3,1-- able in the Revenue Fund on a pro rata basis as to all. subaccoun�s in the Res�rve Account a�t�r a].� requ�red current payments for the aperata.on and l�+laintenanc� Fund and Si.nking �`und ( including a11 defici.enci.es in prior payments to thos� Funds) have been made in fu11. Natwithstandinq any provi,sion of this Resolution to the con�rary, maneys in each subaccount in the Reserve AccQUnt sha11 bs used or�1.y for the purpoae of the payme�t c� maturing prir�cipa�. a� ar inte�est or m�king Amarti.zati.on znstaJ.].ments on the Bonds for whi.ch such subaccaunt was established when the other moneys in th� Sinki.ng Fund are insufficient therefor, and �or rto other purpose, incluc��.ng the payment a� any other series af k3cnds. In �he event uf the re�unding oF any seri�s of Honds� the Is�u�r may withdraw fro� �he subacaount within �he Re�erve Acc�unt for such series oF Bonds, a�.l or any portian af thB .+ ... �... . � p . .. � . � 1 �� . - -��.1 � si ' S� x�� � '"w�)" �; .�e,.•�'�iiet3Yiti"�� Sfir� i�iN>'. 1 ��� � � ��� : r4s '•• a�iC �'�+�'�?�,,�,�,�f�fw,, ' �t,. 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'��f�Y',,.��r: � �`�, 7a5���'c1 . ,�>t' .:M. �i' ,j�r:r!"' �'.:f���:�:nT`'� . �t����.. lje�: i �-R r ��;aY;+ �, H(,�;;; • � �s; . , Y '�' �hi � i �,�, +t,3,.� , i� { '% ' � ] i � iM ..ii�+y � i' . ,'�"e;f ^r�S� hL�4`����M.rfi���.i: :, ^�:��N��L�:���i'�,Nk�{`w'�='i�tiy'icx': .,� '.;:�: ,1 #,��'����*S/.'y,�,. Y., � .'r �!�e �i��:..'.e3 i.e�'�,��' � ,� ' `��.�sy yY�'r� �'" �°i���sa�'x- �r'''. ���� �� ���;:. -������;�, amounts aG►:umulated therein with respeat to th,e Bonds b�ing '-��' f`•'� ,��� ���:�1��3��5��� I�r'4Vf ���;� v�r�' '1 refunded and depogi� such amaunts as r�quired by the rasolut3on `�`'��`��'•y�•'�`�''"`�'�•��`R'��`���; �� .���' ���'•4_,'� �,���, authorizing the re�undi.ng of such series af Bonds. i; � `: �` �i; � �:;. :� ' ' ��'• '. '��?��' �'=���'�' ��!���� ��'�� (6) The Issuer shall not be required to make any L'� ..� '� ,`��i �- t`=;,`•�°��'�V �`: `� ;°r� �`..,�°'� fur�her paymen�s in�o the Sfnking Fund when the aggregate amount �`�'; �� ��•° c� money in th� 5inking Fund is at 1eas� equal to the to�al Bond �,il� •., c • • •. ;a� :'� ''r7:f• ��', �•�,,�5{;� I ,'i Service Requirement of the Bonds then outstandi.ng, plus �he amaunt S',: .3.;.!' ,C. !°"� ''� •� =�". .�t��..� '�� "`'�°_ '. o£ sedamption premium, if any, then due and thexeaft�r ta become ''�;'�~'���' '''.'` �`� ��� ���``'� due on such Bonds then outstandi.ng by ope o � -� . ... . �:�. , :����: rati n af tha Bond �_- :"��:��:"�';�;;':^;;:�-`-;;��1' '.?" = Amortization Acccunt.' �. .. ;�:l,. . �`r,,'^ ��',•'Y�•: i'i', .y •.,•��,`:,.f.,� , , . .Y, , ,t:,�• j �� _ y�� ^. �,'�� ( 7) The Issuer sha e -.�x�. �-''�'•';u;�::,:��'=;,=� •, .��'��.'' ].], n xt apply and deposit the �����k`"�����""�� '"�a�� moneys in the Revenue Fund i,nta a sper.ial account ta be kn�wn as •�:�+' i :�;l�i��,,,'::��' ;�i.;,� `�: �� ";: ��?����;�,. ;t'�;�r''.r: �'� �' ;;';3:'.'= th� ��City of Clearwater Gas System Renewal and R�p].acement Fund" ; �_, .,s , �,.�:;,�. y.��`-`,,.;'� ��F:: � � �.�;° �5°'`.k �"��:, ���: (hereinaf�er calZed the "Renewal and Replacem�nt Fund" ) , which fund �;;���� +;��,:4;����`�'°';4�°�'` ;°E;� � is her,P}�y crea�ed and established. The �ssuer shaZZ depos�.t in�c ;°,,t; �w=Y,�,.:t.`s`����:{.�=;�!F.'..`, the Rerie+wal and RepZacem�nt Fund an amaunt equal to one-tw�lfth �_ .� �.� �:.,�,., ... , :: :,,��,,;!'�r•��:=�.;��,�;--,.�; ,�,:�.•:���: (i/12y a# an amount equa�. to 5� n� prior year's Gros� Revenu�s; ��^� �:s�.: a�:.�� `. . .6r;.a_;-,, . �_.; ,,.,,:�,;.;,�..,,.,,iA:;:,,.;�,;;+;;:;.:�r�� pzovided, however, that so Iong as �here sha�� be on deposit in , ��u., r�k�:'� �,�-�� � .;. .�.;� � ;;;,, ;'. „��•- :�.,.s.,,, ,. •; •§.,�..�. ,r= such Ren�wal and Replacement Fund a balance of at Ieast $30U, 000, i; �, ,,,; .�, :-:,:. ,.;,.il:��,:;;;:.;:.,:' no additional deposits in such Fund shall be req�iired. The moneys '_' ����` �"�k in the Renewal and Rep].acement Fund �haZl be used on1.y fcr the • , . �t ,,:,� :.; �• �'�� �`;:���`-r`�„�:' purpose ot payi,ng the cost of extensions, enlargements or addition� ��-r. :-�.:;:.: .., �;. r;;�, ;:;,<,�_,' h:�� � to, nr the replacement of capital asse�s of the 3yste�a and ,;� �-:.,�;. �;, :�,::;.;�,x�.:,- emergency repaixs thereto. Such mc�neys on depasit in such Fund �r�;�;t i.+k•� � :.�,•.:� �: �,,,._,;,�..F a_,,.. shall alsa be used to suppXement the Reserve Account i� necessary, _f4;;��>,';.i:;-,:, in order to pzevent a default in �he paymen� o£ �he principal or tr� "� j�'°�•���� Amostization Installments of and interest on the Honds . f���n .tt;-...,'• _ !, � (8) The balance aP any moneys remaining �n the Revenu� r'und after �he above requir�d payments have heen made may be used by �he Tssuez for any law�u� purpose. (9) The Opezati.on and Maintenanc� Fund, the Sxnking Fund, the Renewal and Replacement•Fund, tha Revenue Fund, and all accounts therein and any other special iunds herein es�ablished an� created shal]. canstitute trust Eunds �or the purpases provided herei� for such funds. All such tunds shal.� be continuously secnred in the same manner as city depasits are authvrized to be secur�d by �he laws of the Sta�e of Florida. Moneys on deposit in the Revenue Fund, and �he Sinkang Fund (exc�p� the Reserv� Account therein} may be inv�sted and reinve��PC� in the manner p�ovi.ded by law pravided such investments either mature ar axe zedeemable at not less than par at the optian of �he �ssuer not �,ater than the dates on which the mon�ys on depos�,� there�,n wi.11 he needed far the purpase af such fund. The moneys in �he Reserve Accounf in the S�.nki.ng Fund and in tha Renewal and Replacement Fund may be i.t�vested and rainvested on�,y in Authorized Invastments, i.n the manner provided by l.aw. 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' irqy .'. `����y,,•,.. j 4.t'�yj' �i�.�,+� ...'.. •},' .,' ..,� ., ._ . . �, ef � � � r���• y . �: . "•i�5'�i1.� yle�+')'�]=� i.• �� ,' e ! . �:b� � ��'.� ' �ia P�'�lva�' '?w t: f F,. �ir...,.t,i, I. �. !�' , ff:`A ' 6V_F ` "5`i'4' �.Y�;�f;"-f.;.��� �.x ..! �• ," r, : , 1 4 4'•, � ' 4.;. ?' �;:,t� '' - . -u , , r. 3r . �'�: .' � � � u5'Y �.i�l,'"- f �. S �Fji '. �., 90. �ti� '�, ` r r:r.. �'4."�':_�•"t'��;VS�5"-Y Si"-34, &!' r�Y � A�:s:���,�;���`'��'� }:`� '4,,:. ��3. � however that inv�stm�nt income ea�ned in the Bond Amort�zation ,. ������ ,����7� �°� �; . �,<;;�,_ a �.•�' ''4'�';' ;"��=�T. =� .`��� ._�� � Account sha�.l remain th�xein a� be trans�exred tia tihe Pr�.nci al. yuL1�'�T ti'�����.��Y�'•`�� ��v �.: '�;�.! +3:'' ,l� : u a , ?`�.;� �� �,:..^� ,�;'� . < °' � a he nt � t co nt n us ed � m tu P �d,�� ��; +��'�` .z' • ,; fi. `� . �� Account r t z�r s Ac u a d o pay a ring principal, �y11 ,3�. ' � J. � i "3�'� ;�� e• ' �i.9���z� 1 f �� A� ':y'. =.`�y;i�°*}";�:'`', ' €,, _r�,. . A�aartization Installments and interest on the BQnds. , �, ;,�.� ', : ��' � ;��c�• " :d. , ��N�"+�,�,r �t`-,�;'�!s�a • 3' �..:: r i �• •`Y♦�� ��� `� "J��.f�'`„ f 'n„ ' ��f'�'.n.f i. l z� t�i�: r 3 �'1�',L�:l�i�'F•"^'a�: .!�:i' �i!.�:.� T ._:-;': ,•t � pse���+�j� . ;;a' ��' The cash required ta be accaunted far in each a� the foxegoing ,�` ��� ��" �. '� .+ Y..S:s'�.,.Yyi..;.::''�'�`_�;•- d..i: �. }�ii. .. . ;:T t,...•., .,;,:: �,; .r .. ,�, . f u n d s a n, d a c c n u n t s m ay b e d ep o s i t e d i n a s i nq l e b a n k a c c a u n�, a r s d ,,..� ,a . � �,� ..+atr;i•,,_ :�s;;. �'': �.: e; ''�:��. , -= � � A �., • . ~��?:�•_- 1�;��°q��:,=. ,.�..r�:��• funds allacated to the variaus accounts established here�,� may he =����.� "<���., ;��> .. : � qu ���,; � •;� �:��yi•:v�ti`� :i���� ti�. . . � s�: .�� ��°..g�;���°, �,. �'�,;;=�:��.°. � invested in a camman investm��t poal, prav�ded that ade a�e � ! �:r�,, i:_��,�:•;..s•.=• ��_,,.,.._:r� . � �'i`� . , y.�,,:!;:1:'{'�in".���: ',€•f° ; �w� ,�� ;�.=��;°;�-. ., ,, :,,�:�.,;; accounting records are maintained to reflect and control the ��� � ;; '.'. i�' !'°j,;y�'�;�'•'..�L`. �'�i,,._ � hri. � •'�. • {`;- �.��.,ti� �, .�� .,,,,, �. ; �..- . , rest�ic�ad allocatiori o� the cash nn deposit therein and such ,�;.�t.� �. , Fi.`���4��'�'''r���'s;��;�� ������� ��_�� investments for the variaus purposes of such funds and accounts as i'�" � ��;,., 't �f:�v:�':��s�:.'��:���Y'c;:s���'z��,...N-��' herein provxd�d. �?f�;��`�� ._ .�. ��'�: � � .V�1.�:. ::�.-:;.�, r•�5.. "' �= =�#"�^���: The designation and es��blishment o� the various funds and 'l;=.`; �..>.t".._5t.,. � '�.~>; �-°•.�:��,y ;;y aacr�unts in and by thfs Ordinance shall not be construed to require "r�'" :_��<���'�y ��::;� the estabZishment of any camp�,eteZy independent, sQ1P-balanaing �,y,: ��'�; ='?`;?��Jx,��.n ��xnds as such term is commanly defined and used a.n gdv�rnn�ent ?'s �".. �",i•:,•'_'�.�',','L ��;K.;�:r•; .a�j5ss:��v.•::�>•� accounting, but rather i� intended so�.ely ta aonst�tu�e an ear- y�::, '�f=::�: ;;�:;;. ;;:,;r.,� ,,���;��;_ , marking o� cer�ain revenues far c�rtain purposes an� to establish '����'S�` �����`°``''�� aertain prioriti.es for application of such revenues as herein :;., ��i.;i,:;.;'�:� `� �`���=x�;�,�„�,� provided. �.��;'���-:?,,�� �..•-r - `4;=;� (D} OPERATION OF HOND AMQRTIZATION ACCOUNT. Moltey held �=:'= for the credit a� the Sond Amartization Account shalZ ba appZied 'p„�. tn the reti�ement of term obXigatior�s �s fol3.ows: r��f �:1� � ! i". . :=,r F ( I) Subj ect ta the provisi.ons o� Paragx�aph ( 3) ;f�:.°��� belowt the Issuer may purchase Term Bonds then outstanda.ng at the '�� most advantageous pr�.ca obtainabZe with reasanabla diligence, such ;:-. ;, ��S=; } �Y��. price not �o exceed the principal o� such Term Bands plus the ����; accrued in�erest �o the dats af deli.very thereo�. The xssuer shall �<,,�fi pay the interest accr.ued an such Term Hands ta the da�e o� de].a.vex�y ��`� thereo� �rom the Interest Account and the purchase price fr�m �he �"" Bond Amartization Accr�unt, but na such purchase shall be made by 1 S ��; �� the Issu�r within the period of 4� days immediately preaeding any �� � s4y,-'� inter�st pa��nent date on which Term Honds are subject ta cal� £t�r ���'� redem tion exce t from mone in excass oP the amounts set aside � .,. . ��t: ;�ti,; ,or deposited for �he redemption o� Term Bonds. (2j Subject to the provisions a� Paragraph (3) below, wh�nevar suffic�ent money is on deposit in the Band Amorti- zation Account to redeem $5,00a or mare principal amount of Te�n gonds, the issuer may ca�.l fa�r xedemption �ram mo�ey xn the Bend Amortization Accous�t such amaunt of Te,rm Bonds �hen subject �o redempti�r� as, w�th the redemption premium, if any, wil� exhaust tY�e u�or�ey then held in the Band Amartizatian Account as nearly as may he pract�.cabla. prior to calZing Term Bor�ds for redemption, the Issuer sha�J. withdraw �som the Interest Acco�nt and from the Band Amaztixation Account and set as�,da in separat� accae�nts or depasi.t with the paying aqents the respective amounts required for � 26 . . . .. . ., .� -. , , _. ., . � .� i � �. --- - < 1 �: . x-..w� �. . . , _ i t � ' .. ;.KL'p;..^a. i�•�k..,,,s;u . ..�• •A... ..� . . ` . . - ' - . . . . , .'�, � '� ��� �..�-----�-... _. . ..:a:r4, �r.,:�q,,.,.�r>.,.t,�.�.��t:�.a..�;1w-r:,�,,•�+rC��!"'��'";. , _ ... . . .�. ...�_::�_. .. � C°x • ` . 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' � • ', .' ' ' .l � 1 i `�� . . . , �� �j�. ' � � �7 �.'� . ' ' ' .., . ' �` 4�Y . �, • � � � �; • �t '.i ;' ' i �. .. ' � . . .1 � � 4 . N' ' � . . F ' ' p ' ' . , ' ' . �: ' �'.S . ,�j� . i � i ' , � , . �u���� 1}�';�F <.�,,;. .: . . . , � ' ' -r�.,��. F" -`�l��Y�'�:'', � :J . ;'i� . � ieJ�LRi'i�ii`iV.�:{il.�4tix:..-...irh��._ . . . �. .. ....tw� . . . .�.. . .. . .. . . . .. . r . � .. � .._.._ ...1� ._...-.._.....rw . �..�f}�y�� : �.�'!_ rTi,a .+ � �s:6r�1���L�M'�.M}yldit.•' "'•.� , '� .w ` �1 �F,,�',' . , r �1 . � L. A • .1 j'ii�i4_.ff, .T4'.�i � • 1 • ' ,"j': > � . , . . � 't'� }"i: !,� .i.7r..` � ` . 1 �'`�", i:. ' % �ti�.i �-, ' . ' ' • �(,+'���3;:i ;• ��:: �y.'b" i �: �fa ' � "..�F•,^4.�.:...�e:ai��":.. ' r`. , j -�'.:�Lti;ij�'.'�=5t�'it}r"�` �� :c;'� '( ..'' '�•� �' � �"� � R;,-r , t i'�. .. � . .. i t i . .. ` . � . . + .!",. rrf;�r�c::!.r.. . i...� ��� ,.� � r,.�.. . - . .. j . .t . .. . .. . . i :�f �'-`,`�"� �..'� '�' •-• payir�g �ha interest an and the principal of and redemption pzem�.um `�'�� `•;,._�;.':::•`',� � �� - . , . .. appl,icabl�e �o the ��rm Bonds so caZled �or redemption. ';�: '', " �� .`,:.},,. ��, , , • '�' ; (3) Maney in the Hond Am�rtizatian Acco�nt shall e;-�_�� �A':�;'"'�� '�� ' be applied by the Issu�x in each �i.scaZ year �o tihe ret�.r�ment of .��,�;°�?� �;';;' :�= '' '' � . Teria Bands �han outstanc3ing in �he fal].owinq a�ders ".t..`;� :.:��i(• E. , ` � „. �i ;i �a .: I K�i.� � 9. .. S . : S �� ' � [ 1' ' ' '•`:� '�`�` �`'' t �'4° (a) The Term Bonds of each series of F3onds ta t i"���} �'��,tit�"`� ''�`i��;�'; � 1�.' f� the ext�nt of the Amortization Ins�allmenfi, if any, for such Fiscal ;;�}; ;,t;,.�`.::��;'':. ��' ?��: �,,��;?�._ : Year for the Term Bands aE each such series �hen outstanding, p�us °� �. :" :=,i;','�r;�', '•�, ,::,��, :�` the applicable premi�im, i� any� and, ig the amount availab].e in ����y � ' � �� i a� e r hall n t be sufficient the�efor, then �.n prapar- . r; ,.''�:.�'�. ~i'F'�;;:..�"t.����:`�e-,: ,: ,. , such F sc Y a s o ��`�:� ;T;'°,�'}`"`'' r:�"-�`' `'� '":'�: �;-�;.t�,;����° _ tian �a �he Amartization znstal.lment, iF any, for such Fiscaa Year , 't' i'�':4: C�1 4 . �4� � ��'�� ;�" � � Eor the Teirn� Hoads Qf each such series then outstand3.ng, plus the � ` :4,,�.fr;�:��; .:;• `=.r.:.,. �>f °:''�.;��:�': �:`.�;:, �}:.'�,y`� r��i:`µ� app].icab].e premium, if anYi P�ovxded, haweve�, that i€ thQ Term �` :-','' ;„°•���`�` ;:. ``;' ,�:,:.��:; =='':i_ I Bvnds of any such �eries shall not then be sub j ect to reciempt3.an ��;;� '� ��,�',�'� '<'t-.;�r;'�,:���'; "� � �rom money in the Bond Amortization Account and if th� Issu�r sha11 :r- - c:.ti !'�� �1',, -.:a- �_': ;,• 1::;;'` �!:^'+ :: _re i,.:, �,;�,: •�-: �:: �.- �.- ..t .. tl.?=;,:: <; �? at any tim� be unabl� to exhaust the mon�y applicabl� ta the Term '°"�;i;z`r`a�^:..��`':°�"��'� ' fr�.�:.':'�.,'-`''.:# �ands of such series und� t e ov s °F'� `;y'r�';�>:�i,_.,,�,��!`j��r;,.�:.,. T,;.;ti,,�., r h pr i ions af this c�ause o� �� �3�� .;_,t ;;•:`.:; -t•. �:, :,f: �; rA�,;:�ti:;' �.,:; .� • purchase oi such Term Bands under �he pravisxons a� 1'aragraph 1 -��r�: =. � • ::�;..:r-:. .-�� :�;:_�,_��,'�^,,.�{ ;��,,.; .,,,; �:� _;�;�`': ;. above, such money or the balance af such money, as the ca�e may be, '�� }-`:�,�;;'s''�;��a`s°� �' ��``�"�{ '��'� "� snaY]. be retained in the Hor�d .�aartizatian Acca�xn� and as �oon as •,'• � t,,. ' - '': :;fr:�; � 1,: �' .'S'•,''.'' �. .' r c� "{ _�� F.�..,:�t';�; ���,�,;���,��f;-'.:;;.y;;=.�� ,.� it is �eas�.ble, applied �o the Term Bonds of 511C�1 se�ies; and j�',+� ; ` i' - �.I.:. .1�,:f. �:' =e• I `•, ' °�yw'.-:ii=l •" .'u,�� � �4.` ;.:t �;� s .?'.:i�'::�'':=£'-;'i` ;'.�' ��• ��� �-.t. � 1'�t�:i.�.'v. a:w�y. 'rVV• f , •-�_{i � �i.r V '" s �,;:�•; ,4�,�,. .,i,y:, };., :.: �- =:,,. - ,, :�;; _ (b) Any ba].ance then remaining, ather than f.�1��?.• ��41�`.�'r'I'+4}.�F�n �,t�•.,+•S�'��•'Yi, y'? money re�ained under �he ��.FSt clause of this paragraph 3, may he .s.' . .,pe .i;t. . �p,' �c'Y�"i:'`�;r'. �: ,.�:..� .;�� ..�. -�,::_-; '-�3 ` :� appli�d �,o the et r e t c �- ;; �,.�, .;:, �_� _. f.�. ,;...:_�::;.,,;:r�; �e i em n af such Term �onds as the is�ue � " ..t,.�;�;:. .., .. r in i .� ;��,-�`;,£,,,�i ,,:=,:s' ;,4::�:t4,_'3;..�,��, _4,; �'j soZe da,scretion shall dete�rmine, but only, in the case o� the u�' °�'�.: .��'s�'4� �`��`. `. �'µ� �, :�� redemption o� Tarm Sonds of any series, in such amounts and on such �E��, il '�:�'f::ti:� �i,.i.�.%.:e 7;!:':�_���.�:��,�.� : ` .'_��' �,� l.;. ,� ;: ;,��:_;;.:: _�:.�,'�, te�as as �aay be ravided in t4�e reso�ution or ordi a c � o � ��', ��•' ,3? r`' �=� '__:� . � ��;.., P n n e au h �izing :,��j.,":,,�,_,�.,�k;;��;Y':'r�'�.p;:.T�;�i,s;:' �he issuance of th� ob].igat3.ons af s�ach series. . '�c _ .... .��i _ . .; it ;...: i . �;s•.. �.. : �.-. � . "�' (4) The xssuer shaZl deposit inta the Bond Amaz�t�- zation Account Amartization Instailments fo� the amoztixati�n o� ����~ the principal of the xerm Bonds, togeth�r wi�h any de�iciencies ., �'A for prior required deposi�s, into the Bottd Amartizatian Acc�unt, �: � �. such Amortizatian Installments to be in such a�nounts and ta be due �;��;,;� in such years as shall he determfned by resa].uti.on ax ordina�xce of ;'�� the qove�ning bady nf the Tssuer priar ta the de�ivery o� the ���` } Honds . The Issuer shall.pay Pr�m �he 5a.nking Fund a21 expenses in conne�ti.on with any such purchase oz redempti.an. (�) O�ERA�iON AND MAINTENANCE. xhe issu�r wil� main�a�n the 5ystem and al� part� ther�a� .in good condition ar�d wil�. operate the same in an ef�ic�ent and econnmical manner making suc� expendi- tures Par equipment and for renewa].s, repai�-s �nd rep7.acements as may be prop�r ior the economi�a� operat3.on and main�en�nce �hereot. ('�) APERP,TING BUDGET. Tha �ssuer shal� annual�.y, pri�r �n cammen�ement o� each af its Fiscal Xear�, prepare and adapt a '27 t: � a � ;� } x, fs� H ,�rS �- . � , � �,` ti� ,, �., �;;'t �_ ti� •� ��E �S• � ��: � G .�� �� a, r �'', ' .� ## �� .� �,. ' �� � �� .� � ��:, � "s : �•_: '� s-,. y '+�5h-;r•'{t4�i���.,�.?.,. ,r�z.�t.1*.y��r'°a�� ^ ,��� . . .. • � ..� .5.i , r�.. ;.�ro'-�,r•r;,. .n•rw.. .°�, ap �. .,.i t�.i" .id w5.,^"Yt.,r.' H.�iwr 1 i. r , .��; �;: • ,^.�.. � S; �• '���:. .. . • . . , .' y . . , .1•"' � 3'� � 'i`•, i:'^' 1'r:,,�3"�'s ry�;�t.�.� � �1�' , yef,1��• �.4 > . � � . 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' ' ' . 1 . o v. yJ.��{��?��.�!:;i�7'�:�. ��S...S�. 't. 1 . ° *. �;* {.�,` ai ��f �;:� ,, F ff��:z'c,.�s � � �' • � ' , � . , ' . , � . � ' . � `} � r J�.l;. �.-r-*'a sr,, � `. . , , � . , , . �f . . 1 .•�f ��.s .�t� �'3�'. .t, Sp.� ' 'i' , ' ' .1 . . � { i"' ,S:S:� �p",'•':'4f, •+��� _ ' ` ' ' • � I � �+� �, ``yi�4�',Y:.:�T'r:n:i=i3, �:�ti � . � � . ; ' ' , . . ' ��` �'Tx�:�`:ri%,��4,:;; �s�t::;� `" • ', - . ' . ' , . ,r��,, e�r:. ". , ��'r��; ; • , ' • • , � ` : �`�3 ;jjs"::�j7.�.�':• �,�:;,', :.; � . . ,° . � � . . , , .. � • • . • ' , .�; " �'°;�t�r:;�' �:,�1•�� '.'. ��� �. • `! t, , , , . �"�`�+i.. �,,,; ' ;•."j' ',°i� , : �. � 'i.: "�' ..i,� .�t:i✓.� �p�.r..� �.' . � • . . ., . .. t i. F' , i. ' ,1• . . , ' ' . • , , 5 �1+�1:�a '�Y.�'•' �`:,IJ.. .. , , ,r . ' . . , ' , ,.la[',5.'�.�.�??3;'%,r� '�,k4�yw�,,.1i.: � � ,;,� � . . . .. _ . . �. _. . . . . � . ' , . ' . � . •;1 ± �, s. `,; s'a-,. + r '� . l .Y��," } , j'. . 3�v •�t� i. .. .. <'5��� i'M1 .. . . � ; `~� 'r'; ��: � ti• • 6',,< � � 1^''� °.`'� �''� r`�,,:�'ar.t�� d�tai�ed budget nr budgets ef th� pstima�ed expendituzes far �ha :����^`�:;.���,•;�;;.�����.��;'.����,-�;: "::�;.:.:�'•:� operation and maa,ntenance of �hs System during such next suaaeeding �•� ����`°��'�`��;��`'``�'-+''�`�'�.`,�'�.� ��` ��' Fiscal Year. �he Issuer sha�.l ma�.3. aop�.es o� such ar�nual budg�t `•' � r': �; `;`;j�'.'' 'T� � � or budgets (�na�.ud�.ng any am�admenta .ther�sto) �o any Held�r ar �� f�`� �:r�'`" •` `'%� �`:,� �;' Hoiders of Sonds who shall :�ile h�.s address wi.�h the Issuer and .� �, a� �,:.� • :, _. ��y�:``N �;����;,�;.': •`:� �'r,�`�°::;:�, ��,.. ` reques� in writing that aepies of all such budgats be �'urnished him .�;; ;�. , - -.�,�-;��;._ : ""_;��` �•�,a�-, �"•''��.t, ,', �'•s;=.�� ''' and shall make available such budgets af the Syste�n at al], reasa�- . f t. ���`-;�r��.�,;:�;.`•'•��� ";� ;<'� '''';` r�'.a',:" �" ��,'� able times to any Ho? der or Holders cP Honde or tb anyane acting �' �<h�€? �<« ��'��F'"'�Y�,s=,���:''� �• ;:�'�`� �'�, �or and on ksehalf a� such HaZr3er or He3.ders, provided �ha� �he aast f° .:i::;..,_�;t. ;i;y�,_ r.�.;:.�:, ;�•?;�s':: ;:;.�.����w; ,�,�.<:_+,,:.°�. ,;;;,,�.,,.,� :r-.• ., of reproduoing a�nd mailing suah budget or budgets sha7.3. be borna ..�:';;;:���:":: :;.:��; "-;�::��: by the Ho].der r quest�.ng su budg ar ge� ' :�''�4'a^ ?,..,�,.:•,. ,.,..�: e ch �t bud s. R'��r:=di+��S�r�;7.<'��� ;=.��•f :,:�l;.'i'. -.{ ;� � �.�F:,��t;���q�;^{'r�`;'` ,� ` ,'�:?; �°. i�:-ssr`r�' (Gy RATE Oj2DINANCF. The �ssuer covenanta �o �ix, �":t��-__ �...'-i, i �4: .�E.,. _ .�_ . .� ^',f'. _�� `:^ :> I•�. � ,r. � - �;alrti!•'r.hTi,,;t"F`��� i`.:i�.iSitwj:r'"`: +j=`1�''"i�;`,�gr�TZ, 5.�:':.:'-,Le�,,: �,£r'�,;�.., , .'_ �r:. �; Y:i �74.' .'::!'4;.�. �� .i :',(,� ; ;:;�, 'r";_,�. ti_.�x-YZ: '°.�:.,.��'�.'i+;�j:� ;u�w =.��.C��r��h�.t�j .[1�. t+�;;T;. ��,F�,s'�.�`':;�a;;i=���:.:E:e`,'- ,.i;..r,'ti,�:i��S� ,:`rs��i�,'t`A't..�.';i:��"�•�. establish, revise from time to time whenever necessary, maintain and aolleat always such fees, rates, renta].s and ather charges for the use af the product, services and facilities of the Systam which will always provide Revenues in each year su�ficient to pay, and out aE such funds pay, 100� oF all Costs of OQeration and Mainte- nance af the System i.n suah year and all reserve and other payments provi,ded for in this Or3inance and 125% af tt�e Bond Service Requirement due in such year on a11 outs�anding Bands. Such rates, �ees, renta].s or other cha�ges sha3,1 no� be reduc�d so as to be insuFfiaiQnt to pravide Revenu�s �os such purposes. The Issu�r �urther cov�nants and agrees that the Issue� wiia. °`�:� annually within thirty {30j days �atter adaption af ti�e budq�� �'`� desc'ribed in the precading Subsectian P revise such �ees,' rates, 9� rentals and other charges fnr �he use of �he pxoduct, services and facili�ies ai the System tc� the extent necessary fdz the estima�ed �`� Gross Retrenues ta be derived from the ogeration of the System �`-� duza.ng the neYt succeedi.ng Fiscal Year �o incFease over �he amount at actual Gross Revenues �rom �he operation of the System for the ,�� next preceding Fiscal Year bx �he amaunt that the estimated expen- ��;, dit�res fnr opexatian and ma�ntenan�e of �he System duzing such �w.• next succeedirig Fi.scal Year sha].1 exaeed the ac�ual expenditures fo� operation and maintenance of the Syst�m during such next ��+. preceding Fiscal Year. (H) SOOICS AND RECORDS. The Issuer shail also keep books and records of the Net Rev�nues of the Sys��m which shall be kept separate �nd apart From all o�her baoks, records and accounts ot the issuer, and �he Holders shall have the right at a1.1. reasanahl,e times ta inspect a7.], rec�rds, accoun�s and da�a of the xssuer relating thexe�o. (Iy ANNiIAL AUDIT. The Issuer shaZl also, at least once a year, w3.�,hin six montf�s after the close of i�s Fxsca� Year, cause th� books, records and aacounts relating to the System to }ae propr�rly audited by a recagnized indep�ndent finn of certifa.ec( pub7.ic accountants and shall make generally available the report of such audits �o any Ho].der or Ho�.ders af Honds. 5uch ar�di�s sha7.1 contain a comple�e presen�ation �i �inanc�.aZ s�atements in 28 � � ., '• t i �I��it.,ih� .. . . � � k� . -r `, . , ' � ' ' ; ;� � .u. ;`�'���!t � , : . . � -;5,' • . 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V..bxhx�..f�::: .. ,. .... . � .... . . , . ��..itC. _ . ., .� «..d,. �..� . .»... .. . .. ..,. ... . . , . . .. .. . . . . .... �. ...n , .._ � ` � ur-nir�rr � �.t " r�7r: ieZ►:S� � 1 �� '•- � �_ ' �i: ''�. t:'x �1.:.:. ..... . . . ��„u,, i��elixf. ;� . . � ' � � � : Fe'.r:�a�: •�. �".�c,MP� � s.'i�' i � . ,`.�''ts}��'� .` •lj•1!"'�'.TT�.` ,.. � iY �e���y:ti�:-.i., .r� '{t t. . .. , . . I "r! •��`'.`y.i� i�r�..4,�4t• i ,�' �+i ' •� ', 't ;'}��y't;.`�,' ,� � .., Ar�`�.:.�� ` ,�� ;�� . , .�r� -'•� � � ;j..>.;a: s.i'la�y�r:.f^.�..'V,.l° . 1 ;.�«.�, T ,`�.�'gi,� i��,ir�5�% :.' � .�t,,�t'�'�'.�:' ' •' �f 4�".•'��'�' :�,,: .: • ; ..{��, i �;�:.:•;.1�: �.`. -, ' � � {.'t�.'):�rf�R� ����•. ..- :�.�`. ' � accordanae wi�h genera11y acCepted accoun��.ng prancip1.es. A capy ��,;;.r,ti�,,�ci ,:;.;. ,,E. �.: ,;�.`,,. :.4.�.-. � „ ;�,�,;,�.�,:� .__: :..:.,;: ,.. ��,.�;;'.;,',��: .�.� o� such annual audit sha11 reg�ilarly be furnis;�ed �o any nationaXly .��,;_;�;���r : #,`„',� . �., .`: ��; �,';'�;�;,,�:'-;;.:,;�'�.�.; •: `';'�. recogni,zed bond rating serv�ce wh�,ch, upon applicat�,Qn af the `' �{t }��`,� � �4'�:;.."�`• '�.-;;,;i��: �� �ssuer priar to the issuan�e of �he Bonds, shal� have pub].ished a '4,��i���`?� 7"�� •:=3 � ..'.y�t'�?':�.��: ' e�. + '�.T: � �}'r'�T' � °`�>:',=i"=,.;_�,,;°' '��;°•�,�:: ,; rating an the H�nds and to any Hnlder o� any Bancis who' sha�.�. h�ve ,F�����"�g���;�: _,"l�:;'';i�:•":��.,.`: ., '. � ,�st�:,^:u':Y'"! ;•Y,.;,.:.,, �' � requQS��d in wr�.ting that a capy of such ��par�s }ae :�urn�.shed h�.m, .t,,° ,,��.� :' :. �F wu�::��, � ����'.=�.';f',s�;A.`�°,:,:�r:k :'E;` °': ;� provided that the aos� �f reproducing and mailing such raports i;���,�c�;��s.� �;;';f;'��;,° �;;""`}'�`.a�� :,�,� shall be borne by the Holder requesting suah reports. :;ST�r�:E° ;;� �.e'ti:[: y'r��,�' a,''�.�%�'..,� '1't ''' ,r' � 7 f��:5� !ib°`...: ' � ... ,. . 5c..:� Y, � �5' ''';� ���•s�`�r�`���`•�'�' ��� � '`^� (J} NO MORTGAGE OR SALE OF TH� SYSTEM. The Zssuex wi�.7. `�����"�� � ,y;`Y. '�",.. s.: , , : �� ' `,�.. ...e>��.��.�;:•;•, , t•' .:' •,.'. � � �tti� :;. '� ° �.";�,...,-:, -> ,!,�� ;� ; ; .. not sei]., lease, mortgage, pZedge or otherw�,s� encumber �he System, `" � � � �:.,i,�•�as...,,:�: '::'��,�, � �� " �.'s ��� �; ;' . : �.. ..;;i. � : � i� .'�=:�:i;,�;��,�:,a;'+����,'t {��.;,,,:�,�.,.,�, -. •;` oz any substan�ial part the�eof, or any revenues to be derived ��f�� ��� •'; • ,�c � �; , . . �r;: ° .�t :;�;`�:`•; ";�,:�,:,�;� "Z�=-'-�F":'•`�=. • therefrom, except as herein pr�vided. ;'.��.., �s� ia �. :�''t .�,4 i� , a . �..". : , . � ' : ,, s;w .}y�} .!�'�i�lt:� i�:'?i�.!�,�..1'�: n.: �,�L�µ� �t� .k��q ,�(� � .0 �y"; 4`.�'.�;;.F,0. f., ; °'.,:.,. �.5:.�;'� �,�y.i2°'i�:•! `:`°�;.�.k;;-^�'*f;�. �� ,,; .'i`-, :� ':: . The fureqoing pravision notw�.thstand�.ng, the Issuer shall �,K�, � , e aey�` � R�Lf ti �i'�� r �iY�i jr .� i�;! 1 � y �•��`°:...����i�tF:��;;'�..;, `,:,� '� `� `� �", have and hereby �eserves the right to se�..L, lease or otherwisa "; R�, : ?� �J+y.`�:I�,�,��'�i � � � � .'�; �r�t,`i- i ; .� . s,,,`F.'��,:`'?�`,�.�1G`: `�;��','•r�'" -• _�';:;� � dispose o� any o� the property compri.sing a part oi the System �;, �' �„': i "`. x ' i; ;. 5 ,^ _ �,..; „ "..�F}�•�°;;••f�'.,�,•�:.._� ���`_��`�'� �������, ` whi.ch th� Issuer si��ll her�a�ter determine in the manner rovided �;•, � � ` .��, . �r..t `"!�� �a;5. �� . ,� i `�'``�'�`;`:a�"'`',„f '"`=' �;�".���'-,"-' herein, �a be na longer necessary, useful or profitab�e in �he �; ` �`�r� � t,;�"' ��� '� ;*'1�' � c.-;�i i�,ar,:.;��f.•,:• :.i;:;'• 4` .�, ��,� ;���� ;�,:�';;��1•: =_�:;,:.ti�����>;����"`�";�,y�~ operatian of the 5yste�. Pr�.or to any such sa1.e, lease or other ,:� , ):�� s. , :'!r.ds�.', .,.�3>S'• �`i:^:�c' n,?�.e.�. �''=�'�� "�" dzapasition o� sa�d pzoperty, it the amount to be rece�.ved there�v� .. ;�>-.,��.a; :'``��°�°'_`�:"� i.s not in excess oP �;i...,- �•� • $50, OOU, the Ci�y Mana�'er of �he Tssuer o� '��.a •�. �a:' � �: . ���.�>,:� �''� othez du].y authorized oF�'icer .in char e thereo� shalx make a .s:.�,..: �..��•r �J :,,;:�x�...; '�,":. fa.nding �.n writing detezmining that such property comprisinq a part �''.�:�{��.:��'`��� Y 9 Y p�afitalo3.e in the ,,�,.,.�.,:.:. , af the 5 stem i� no lon er necessar , useful or ��,,:Y,r,-� ;; operatian therea�. }r:y 1.,� �5�.,'�=f'. .�'�`� �-`f" If the amount to b� received fram such sa�e laase or . �� � �: a =,:...r,,E , ;.,, .;r;;s..��� , :=-�;.. ;,��ra� oth�r disposition of said property shall be in excess of �50, DQO �"��'���:�,��`:�•� but nat i,n excess o� $1o4,op� such City Manager or other o�ficer '��`'�``�-"�F '� �hall fa.�s� make a finding in wxiting determining that such •i�,w`_i',``3:.�' �- ,�,,�:xr:,^>.:,a�;, property campza.sing a part of �he System a,s no longer necessary, ��::�;;;�'•i,�:;;'�; usetu�, or profi�able fn the ape�ation therenf, and the gcverning ,��;�;�af�-y:�;�=�; body of the Issuer shall, by resalution or ordinanae duly adopted, r_S •��t.�4...,=• �,:-:_�, � r�,. approve and concur in the Einding of such City Manaqer or othez `s'.� it»::'?�"' ;`:r. ,r, �,t�z;�g,:,^,; officez, and authoriz� such sa1.e, lease or a�hex- dispos�.tion of ;"��;"���-;��� said property. !�;?t4��.L4:t'_31.'i ' � If the amount to be r�ceived fram such sale, lease or nther disposi�ion at said property shall be in excess o� $1.oU,000 but not in excess o;� iU& of the va].ue of �ixed asse�s of the Sy�tem acco�ding to the most recent annual audit r�port� such C:ity Manag�r or otlzer officer sha11 first make a Einding in writing deterini,riinq f:hat such property cam�ri�inq a part af �he Systern is no lanqer necessazy, use�ul or pxofitahle in �he operation thereof, and the Consul�i.ng Enginees shall make a finding �hat it �s in '�he be�st inte�est of the System that auch property be disposed af, and �he govexning bady cf the Issuer shall by xesalution or ordinance, c3uly adopted, approve and canour in the fi��dings of such Cit� Manager or other officer and o� tne Cansu�iing Engineer, and shall autho- rixe suah sa1.e, 3.aase ar other dispasitian aP said propezty. 29 � rl::;r•{ 1 �',: ���'; � ��yk�� ': � � a � e �. � ���Z�p.X:S�;�,i'� 3°'%''%�•• ••f� , �r'..� � • � � . . , , . , ,. . , , t � y.,.� .. - �..�' __r�:..*;;e ...�.� -�-e t .r.M.„. 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' , ,'.,.r.''• �:rF:���'S,�In`, ay ` r! �.{ � : i^ C.,; i:'.�"K{,i°•'�y p:' x"4,�Y.,'��� . ,,j :.1 �.,,r • , ;U: + ''�-a: t'l�i�;°. r_j ;{r.tyy,;�1 ° • I �+ �� wr� �y, y� `�� �.�,5"[� YT�t'! i ;�- ., : i" j ,; �: i � x ,:'�'•• '�.. • , .,r � . . 1 ., �{ ���'�a:r�"jE�_i/l�� :,�{7�J�f%t�Y^ix� �;y. ! �f 1' e.•.�. •Yi��%i:r!MMlii4�S�kSSa�i��r . � ���. .�.,r: '!I �.. .�? � k(�,1 ,.��jfM�M;i3"{�,a��f+5 �r�y;,.rn�.y�`k;l�'. Ti'i f��P"'.���� " i ���r,��°3 i. s» �. ;e �`�f'", =j�: .';:,' Ariy�h�.ng in thfs subparagraph (�y ta -the ccntrary not� :�5��a�:;���;�:���,�����i ;;,,4 :;, ,• ��ti. . .;•.; .:�;c�,���.,�'' :,�•�� :j�';>,` ,:;'. "�.; �� , w�.�hstanding, nothing herein shall rgstrict tha governing body a� ;,; ry�.f;,�;:,�����'w�+K��.,�'�;?� ���� �`•� -'�•`�,:, ;f'.:` the rssuer nr, to the extent suah authority has been vested in him `�f`*��+��;g� ���`;;�� ��� '� e ;, � ; ;� �; �; -�,,, �` e'�;�,. uf,. ��' , � �E�.�{:���>'•'si.-;};y . by 9L1Gt7 govern�ng body, the City Manager in the �xercise af ri�S �••a'LS���;i;'i�,�`���''�,-';';� � . ' `• ` ' � 4'� �4 ,q , � ��+j�•: .�=� �.��r� �- :,�,w �.Y � :;' � �� � � di�scretion, £rom authorizing the sa3.e or other disposition of any .;;���``> �•.s,�,��>;,�'..:F:�� �+s�„�(y���,� �; �'r �'IR ;`� .!"�. ��� r W+ �� ,`•`�°-�,;_�,:�. `',�r: '�` of �he prop�r�y compris�nq a part of the Syste�m, $f the Cansu�.ting a��,���`' .�;�- '�.`��y!'��� t��-��._ ''-:�,}�,�;�f:;�;�: `}.,.;;'.•�5� Engi�eer sh�ll certify rhat the Net Revenues o� the S��stem wilY no� ��.f�,��:���.z �,,,1'' �,`���r � ,�� o, V'.;, i�z``��taf,T.�.�u C�, Y�.' ,� .�,r. ,Y:` �,.'' Jp�:•::�'. '� �'' �i� � � �` ;.; ���,;��,.'1 �{: ° ,,•��,�.� ec b easo of such sa e or �t,.l. �,� ` � �. �`, �'�,, •':_, :�:`, "t j;" ,. be ntaterially adversely a�£ ted y r n 1. .�;�,,� �,;� �.��,.�'i, ��� ��� : ; ' ��.;';r�. : :��- • ;�� � �:..'� dispaeitian. r. F��.r ,��,��- ����,� � :}{=: �. ,�r�r". ..�.M`z�....� • �� { , � b r� -� . �✓cC, d%S'= ��y��` i � 'i �!��J�, ,..o'� :� �, � !' f i bl��qjy. t� i ,`:;�r' .;;•�°:;;��'f:�"'�s-'�.`:'`;'''���� Such proaeeds shal]. be pl.aced in �he Renewal. and Replace- °�''-�'�"�� ,� =�� 's� "�}�'�� = k''����`:• ,,° ment Fund or us�d for the reti.remen� of ou�stand�.ng Bonds, 3.n such ;3�#a;�'���,�r �x • � ' r`; �'"" �, ,,::. � ;; �ti�'7� �•� ''`�;��'���•'�`���§'�' �;� prapartians �o be determined by the gaverning body of the Issuer "'��;;���r �. �`,�,' �� �� _�>� �'�:;:'::' �� .. ' :'��. �' � '�''�:�:`�`x���jz�'' �;s:i�.°#;� �' i� ��' upnn the recommendatians nf the City Manager. The payment of such ''i;��yti�x� .� s ��'� :.ti�r"�!';.,�,;'`°�!```{' =�``;`.�;k ;% proceeds into �he Renewal and Rep�acement Fund shal7. nat reduc� the '����� '�; ' z : 't` . r . �t:.::: ;'r;4.,�"� :� ii.q,r,� ]�,� s • ` " • ""'3t. .f, f jt� ; :S'�;.. : ��=t1'�• 4+ u s� , �:�;,;�{;= ,';;���;<,°� �;'..; ;,a,•;.•..,,;.� azaoun�s rFquixed �o be paid intn such �und by other provisians �,�,s;i{l,�ry�,,���Y '� l,� �� �`�,,��;,t;t�:,��:.,.; ; ,::.,� �,:,;� herein. ��:.�,�:;���r ..,.: :�;1: ;4':��yS.±;3�%�=ii€�,�r..3s�� r��•1: �' ;a�' ` �'. a� �" � 1 . t ,:: ..r 1':.�5�: r«z'�JL��. 4 � �' J i `i�, . .'€:•i; �� �+ '�. t, '�i::,:�;:.. . "�,C'"�'�'•i' r I ��:�;;t^��.;:�;�=}��,t ;�� '=;�,..;{��,�:.` Anything in this subparaqraph (J) to the contxary not- ;j�� • a, '� �!'3''''"�' ��°`�''' ' "� withs�anding, nothing herein �hall prohibi.t �he Issuer fxam trans- �� ">> a�;��.- �" i�a , '� r `�.: � ' : fi ��'�"' �i'�..i••3 �. fa, � . '. c^ x ±'� � h�;�T'�:rf:;i;�.=;.��:�5?:=.;s`;'�:�`�� ferr3.ng ownership o� tche Syst�m to another governmental entity in ' _� � � .: ';� ���. . y t�}�•� �'` .�����>'_'.� �'"'��•� "�=�.`r�=�'�:.� accareiance wi�h Sactian 21 heracf without aomp].ying w�.th the �i� 5 ,� �'' 3 , �:�;.: t , �j: yr''' ,., ., -r.c. , ., ��i'��F'� ::::'fi� ' �#y;' ��.� ���' �'J� �,-� -•��T�l�`•.�iY! ,F��..(r�:�`:���';.� �rovisians o� this sub�aragraph (J). y�sl�,,"•� ,� � - - �;. ���s; .a. .:r��''.`j.. �:'� '�...- c�3� �?_ sz k <;�,�.11`�?..i]� S�.'. ri':."-'���;,di��: �. ' r"..:�tit.;'.:,. ��� ,»r;�'�r'rc ; � , " i 'R�'-=.:+';.: . } ` �>�- .�����':�j6 - «�':�4j�y? '�'�t�`^:=ti.��>>': `t�-.:'�'• ;.;,, }�',•:? s�.��'�r, ��t ,:f., �ti. ° ,,�,: �.� ;�+�:�? ..<;a:,.n, �� r;;,�•r. ,�� ,� • . ;.;,;�: :�. � J,: 7y':••,; r4., k.k,.i".,;;,±�•F;in�:'. , ,;,e ..:��f�;,�. �'.� .: �.� . :'�k� ; yz> , S 1��-c r.- , ,. i�:'S; '�''�� -: �e ,:Yf• ' � • �. . ��.���.t5! � .��',": �'��14 ,.,,�,c:�,..�,.F t'aV,F�; •:';i" :r.., a�i`.1.} �.ti?��rvi':�,'�`�k: '-;3;,, ,,.s.��":.�,� .,; . ;�,::��� .��,`!� .';i'' :`���.v }..('-,:� �� .;�{.,.��,.:... _;+�`�},���;I��.�'!yi= :t: • .��Ik�• ?�,"� .�� ti•�.f>��� is;,i� .iw �1'�a�;,+�;5��: t �..:f.�;� 5�,,�cY{'`!,t ,]�;�..�•-�::Ci.'- ;����, F �,,��a-`,��;.k°p.;;;r'. :�� '��=.���5�'f,jis?�:��-��.rwt;':.�`� . (K} INSURANCE. For sa long as any of the Bonds are out- s�anding, the issuer will aarry adec�uate f ire and wi.ndst�xm insux-- a�ce cn a17, bui.ld3,ngs and struc�ur�s of the works and prop�rties of the System which are subject �0 1.oss through fire or windstorm, and wil�. otherwise carxy insurance Af a].1 kinds and i.n �he amounts n4rmally caxried in the operation oP simi�ar �acili�a.es and praper� ties in Florida; provided, however., that in ].ieu o� such insuranae the Issuer may establfsh a qual3�ied plan af self-insurance. Any such insuzance shal], be carried �"or the ben�fit of the Holders oP th� �onds. All moneys recei.ved for l.osses under any oE such i.nsur- ance, excep� public liability, are hereby pZedged by the Tssuer as security for the Bonds, until and un].ess such pracaeds axe used ta �emedy the l,oss or damage for which such prac�ads are received, ei.�her 1oy =epair�.ng �he property da►naged or replacing the property destroyed as soan as practiaab].e. {Lj NO FRE� BERVICE. The Issuer will nat render ar ca�zse to be rer.dered any free services o£ any na�ure by its system, nor wil7. a�y preferentia3 rates b� established for user� of the same alass. Whenever the Issuer, including its d�pa�tments, agencies and instrumen�ali�a.es� shall avail itself oE the produc�, faai.lities or servic�s p�ovi.ded lay the Sys�em, or any part ti:ereai, the same �ates, fees ar charges appli.cable to other customers receiving like services unde� simi.].ar ai.rcums�ances shail b�e c:harged to the Issuer and any sucli department, agency or instrumen- tality. Such chargas shall be paid as they accrue, and the xssuer shall �rans�er fram its genera�. Eunds to the Revenue Fund suffi- cient sum� to pay such charges. The revenuss sa recei.ved sha�l be 30 , . . .. ��� �- u•.��•':;i�4,�;'�F;•tl��:,�y � �h'' �+," � �arr.t:s.•rF��dr� • � -<; :' �� �4. � :� ?� � �•: ��1. �� � ��. i �� �° i .'. ; �� : t �f t, : � ��� �t . . ��� . .-.....�- �"_'--'__ �♦ .r ..�'!��f;k...4: .f�.5.'4r'w.LY.''���Tf:'T�t,cr:h�'+1'-S:ewY,'!�q-r.,xawsr,�+ . r .} �'.�•-.-ow•:ifE,4r'f• `�.r�?vro.. r ' . .. . . , - ..�, . e ' ' . . . �r...;a<. . �.r•��, . � „ "E!^ . . . , :F . : °Ix'L!!R,� . �t "'�'" `'�,.�ft . .�' ':j �4 . . . . . � !'r '¢: . ' v. .' � . ��t'..e ? � =„ 9 ' 4 i �•.. � •4f.' ;^�! �`.T F�{:. ' t'F, y '1A �' rr ' i , � ' , , . . ' ' . � s •' �1 �:{'._ 1 ''i,'x:n t.� �6` r�� � a e. 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Sr.f�,�?�'r�k`;,. � 1 ���. .(." ,} � i� j �t • ' � .ti3' , . . , , � , `i� 1? .�defi;,•- : si ' f , ti���• ..1 1 .f � `�` �•�` . , 5 . i . � . � I � ..'1 :s,', `. �i 1�p' ;� '('l�t'. f� .�5�k� ..�.�` i� ' . . . . � , . , � . ,'1 .•L� F1� , ..'1 r� (. U4�: '��;t ��jr�,�yy. ''1i� •;`:CS.;.1 ': � � . . � ' ' � ' . . � �'.'� �Y::,•.e`.:�aA�',. . �'ili " 1 •' �'y+la�.�g��'f j'.' . 1 . 3� ' ' . ' ' - ' ' • ' ' � . ' " . ' �° ' ,'ii'�'. ' : ti!' ����i.�k�`iYi a' �;'i3:1•�' 'Vif � ' . � . . . ' .. ` ' . . •, ' . • ' . ' . 1 ' ''4�,. ,1kA���. ' � .:�{.. 'i � '��.� .i0.' , � aY� ,•��5 ' , �5 t���':�� . �s � . . � " , t , . . . . . .A� ..�q� �.�' .. +�. i�. .' .l{�..t,�F�.• ��' �F � ' . . �i , , � . . . ,�' �-`' ` ` 4• . i'�'�°i� y.:�y''';,K; .i '.r. R.� • . � , . - � . , . , � ; ., , f . I " I k'rs :T �.13 �� " � ' � . . , ` i ' � . . . � . ' , ; ,e� � ] � •Y �.? � s. r .i � r i. � . ' �rI , . . � I • ' .. ,} � t".�'�f-1y.�. r� ji� ,�F - ,',: ' �.i. , � ' ' ' . `� ax'�.�c� : �" "�,'r' �. . • . ' , ' . , � ' ` . • . , ',.;;:+ r�'�,1: + ,. .� .. ;�,. ,r . . 1 ,1 ..'�- �, �#'�;:�'�t���': ,, °'�'. , , •''�' I. , . . ' . , . , _ ., ' � , : i p''. � ����.���.3� '1it� ' . . . , ' . , � • � ' ,s,r . t�,: . �� : 3 " ' ,.���'h�,�>!� v;�d r ' ' . '. -r._ � e','I.';,A'I `'S:��xi. . . , i�' . • , "�L'�'�7k�:�t.�.',ttrY:+�'�.:.-..: 1.".. ' ........,., a..��.:..._.,.,.....;..:. �... ......o ..., .... ._ ,. .. ... .. .._,. ... . , . . .� � , . . ,�,... • ... .,, '; . .,,:'� ''�'>;�:�: ', '�w �,..-_.. ... . . . . . . ..'�-.'�u.�............��;.M:.;.L':,::.'.'�'tct:M1sY.�.�." `'1��� x1 ,s'. Y }� � . . � ,. � � 'S;,y •FM $t}�YJ�"`.i„}�� i � ' �s, I �''� r., i., �.; .. ' ' �•�. ' '�'�. � . � . 'SS :;'.i.i`, ��'��'� tl�r�».i.� • '. �'t� 1 e 4', � . ' - ., . . • ;;S y=ti..���� 1�4�,i'�'?���..;fi;� i . ;.: `�,'-" `t . y � "f ` �' ' " ''a f ;; ^�'�� S � ��`' . tl'.���.8n.�•. � jI 1 �?, ��'_ �f: � r . � ' ;'+.: r�yy I��"/�����Nt'�p `ti�i �'�'41' 1 �. ..� .,.r. �. . .i��'S ... . .. �� .'�)d'.V•oW47'hF-i�6���' �#r,w�. 4 �' �•- t ,� I,�'� t 2` i 4'� 'y1 yit� �'i �:. I ''.r . ,1`,�:. i� ..�r�. ,i�'f . . . . t".i.'� t�'.j�}': �,�'ry .r.. �..,� i 1 i ��.. � ����y- R;� � [' �'. . � •...���9 . � :�', � •�;.,II:, �' ��'• ' `..lY',• � r�rv�� � :..��Ah��,�� � �,�,� • I ' deemed to he Revenues deri.v�d �rom the a pezation aE the S ystem, and ,r �; r ��,��� , .�'� 't s ,^�`F`� if i � ' , , ` i� 1 (Y � ��`����.'�f. :`;;�~` �,,� •� �'t',,_" .�, sha�l be deposited and accounted for in �he same manner as a�,her ;;,7�'��'��,�' �� ��' k�+ :ft� .��: ':".`L'�.��:�: • 't Reveriu�s derived from such apera�ion a� tihQ 3ystem. :�,�K:{�`���������� �' �' : `: ' ' t.�rti,;, ', : ' ;A �Sh,4Fk'�;� �`. �. `�" • ' ��-�r'r'° M ENFORC ENT O COL r. ;���+����. .�? � 4 !s: .i,';" :.;;:.� ;�u� () EM F LECTIONS. The I�suer vi�.�.l di�.i- ����' a<�x +� ;: �`.� ''� �ti`� i;.�.. .;�:�``w'� gently enfarce and col�ec� the zates�, f�es and other chasqes �or � ��a�"��''� x '�:; :;=:�,5' � i'� "��'' �'�' the servic�s and facilities of the System herein p],adged; w�.il tak� {f ,�fi��� � ;�'� :,;- ,;s`: `:,��,d. ���" . �'�; ' all steps, actions and proceedings foz the �nforcement and co�lea� y���� � =� :;��;'� �. ��Y'���,:,��'��� ;�:..,�� ;� �`•�:� tion of such rates, charges and fees as sha.I� become delir� ent to ���- �� ''" ^ � , ;}.,,� ._ , » � ` :�'` �'=' .;' `' ". °'::..,' '�r���':� � `f'�° 3.t or u horiz�d by law; and wiY� maintain ��. ` ' , ��:. � ;._. s:�, .�{.�. ,�� ..i., �. >;, the full exteri� perm ted a t � � a � ,:t;1 e;.�4����!'�-4`Y; :��E��' �,'�,r'�.•' �`i i��� �' j` � accurata recorc3s w�th respec� thereof. All suoh fees, rate�, ,���«, �r� ;; M� �: , .1 ..y.. ;;' � � �f::,�;f�;. • � �� . z.. ���°,; �} .,•.• �=',r t, .� �„� cha�rges and zev�nues herein pledqed shall, as collected, be held �r� � .,� a��! S � !. �`A �• :_'. "�: ks�;��=��n �°'�;�;i' �����'��.;�' S. 3.n trust to ba applied as herei.n zavided and not otherwise. � "' '� .�k`�: . ;, , � �,.,� �'i�.,,. �� �r� :.-.� ���;:: P :�� . . . �' ��',< : �.; � �'�"���F�y��` `����� The issuer will, under r�asanable ruZes and regulations, �. „.i i � , f ��;: ���:�: �r�l`�-�,:�. to the full extent permi�ted by �aw, shut aff the cann�ctian o� any �,,; r�;.� ;�'.:';;,.,:. ;,fi`.;'� ,yl+t4^'�4;�;,;;,� users af the system �nr nan-paym�nt of �ees, rQn�als z�nd Q�her :;.;„.;,,� .::.::.::...:r:; charqes �ar �he services of th� System and shali not furnish him �. ,. •_..c.� . ;....,., . � •: .. '�f•; <�N4r.,z=•.,:.: or permit him to receive fram the Sy��em �ur�her s�rvice until all `4: F�'r :.�'� �A�'�: ;:�s;��f,;;�.'��L'yyr, Obliga�ior�s owed by him to the Issuer on accaunt af services sha�� ��Y "�t:`r`"��}�� hava been paid in fu�i . r`i`•;'.;��: (Nj REM�DIES. Anx Ho].der of Bonds issued under the '���`�'�' �ovision� heraaf or an trustea ac�in �or the Hoider5 oi suah ,;.�'�•.;,•, �. p Y g 7i4��:';._. Bands, may either at law or in equity, by suit, actian, �nandamus ;�.;��-?� ar other proceed�ngs in any court of c�mpeten� �urisdiction, � '1r . � '� protect anc3 enforce any anti all rights, inaluding the right ta the ,;.;y,:�..� s�,,s;�?'h� appain�ment of a receiver, existing under the laws oF the State ot ;;=r:=: ?.', Florfda, or granted and con�ained herein, and may enforce and ;;��:.;:�;: compel, tlie perfarmance oi aZ1 duti�s r�quir�d herein or by any '`y�'ti�� a licable statutes to be erEarmed b the Iasuer or b an oPfxaer ;x° :, .. PA 1� Y Y Y �. •'. s; ;r, •, t, thez'eof . Noth�,ng herein, howev�r, shall be construed to grant �o any Ho�.der of the Bonds any li�n on the system or any rea7. pz�perty of th� Ys�uer. {�) CpNSULTING ENGINEER. The Cor�sultinq Engin�er shal� provide the Issuer with cQmpetent engineering counsel af�eatir�q the proner, ���icient and economical operatian and maintenance of the System and in conneation wi�h the maka.ng of aapxtal impxovements and renewals and repl�cements �o the System. The Gas System Manager may undertake the duties o€ Consulting Engineer �ar purposes of fih�.s ordinance ao lang as such Gas Systera Manager �s a reqistered engi�eer in the Sta�e a� Florida; provi.ded howevor, �hat the Gas System Manager �haJ.l not pe�rfozm the duti�s of C�nsulting Engineer as re�u�red in Sectic►ns 16(31 and {T) af this ordinance. {P} GTTX MANAGER REPORTS. 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' �• � � F.1��t�r�F�j�j:'.YJ1'ti.t.. , '� r • ?•' � ' . `. ' y •..'r = ; ,�;:;.4 .[�t .c.s.�` . p7d.' �� •�"';�:: : t ', ' ' . r:��': °.�:i. �.�.t'�; GWa �.4j�"�+y�.'E ,, ,� ; t�,�.``;4.!'� , ..;,.�:�1;�?���4�`'F�e�.t�y'iir r � ! -' ''P . ? [ �` •'aFtiS:!' �r S'k'. � �.rroE'�ip�r��}?� ri� r , ,, . . �r : �; �'�,�:.� ir:d��;}�I���+'....t�T�.hf�`e,.t:all ��G�S��� 1 ;k.�.'k"1�`` �'L�1`.'�a ♦ .. •.}�• .. , � ''•d.'�t�.5i'�`2'��y,�n�f'"����H1s��'�sy'�:. :.'� i = � .� . 1'3 ti^ a�t. � c � .�A, '.• �� ,i,�t'�� ,'f`'�..;�' ��[ �. -. - � .sr.��-•:'.s1` vfy-�! �����¢ r.r, . f �fJ'�'.•'.. i. �.i. r n fN �,�" �FJ' .�S `5:'7f�. ';,.eA.;. •S . r� j'.��``e't.,�•..�}�j (� �F��:,�•. a��� 5�4-. ` � . ' 1 l.Q.r����.rK .M"'���A�,^�� �� �,'z,•., �'�' �'=' -��;� ;.�; ,,, •, . propex'ties thareaf, the suffi aiency oE the ratcs and aharges Eor I:: ,��� �;;�-�,�rr�3 R�;��rs �;�5 ;�':,;6i���s�'�+-'ir:,•"��.r'.'•y s . � '�'r�,;`�;��: ` � i. 'S�� f . ,..t= .:�,:,.; �: services; the proper main�anance of th� properties a� the Syst��n, ,�.,Pt yE�,�����������. �.: �,:�'xl����r� '',..ii'F'j'i.��.j�:r .� �i �t�+:i.. i�'� r. ���,; . ;,,., ..•,:;;?� �, � and the neaesai.ty �or capital improvements and recnmmendaticns ;; ;,,�,u`�L„-��rf,;,� �•.� �,, , '�'rj��"•F`��'b',`��r.'• '�� " � therePor. Such a zaport nr c�urvey shall also show any fai�.ur� ai �}�.`iw���T�,,'��? �.�� s, �:�s�L; ; f v�� . �;.�k ' ��.,.,..4,� r�'_�v`,. "r' f;''� `rt��:;�a�;=" ::�E;'� '���� `� tha xssu�x to perforn� ar comply with the covenants h�rein l� '�:�;��;�'�=��r. 1� ��t;' ; �s�;.�:,:.�,r:•�;�'-'�� ,;;, ;;.��• . �. 3+:' ...r,,•., s�• urv.�. ;�;. �_ : `••. ���, - , aontained ;' ,..- .�� ,.�;' -,.; G • '�- : � � f ` jl":;>,�4 'Y"� 5� �� ��� ' •�':,�F.'`'1��^'f�y"'.�,�if%.' .'`.1';t''.'�'",''� j�`•y,'�t',�,ki�" ;y?,�,jia��{y •�' ; F1i':,t 'G r.'`.';.;:r":'r'ti',r,:�%' ,:i�:r, . ��t,� i` j. 4�'�,'� A' r°; �•:� ,';�:��i '�� `,.:ir.°..� If an such �re art or survey of the City Manager ref lec�s '�`�;�� �r�,�� �`�� �. '•'�'t�:.r�'"° :,� �;:4: {�.' Y 1� ,�,� �,+�..�,I�. � � � � `'' �:'<=°.';��:�'�'���5',''•'.� ,� y�����r�'�;';::��; that thc rates and charqes are insu�f icient to pxotect �he xights ��:�t�'���..�.�'�.��.� R ..{ .~'�''�"5.�;:'f `�"`�',��',��'�`�'�:::;; ;� af �he Bondholders, th�n the xssuer s1iall take such steps as are ��f��y��;���`! , f "��,,-�;�<;';;r;:�i„' r� 1��:.;�,'_w . aw ta raise the rates and char ea for rvi. af :.�,�;�_ "' ���. _ ,.� •. rY3::' , r s ;�.�'t�. '""� requi.red by ]. g se ces the �"�1R�,�:��9�' �.. �,;.�..;.:,.;, ,�,,�.:; 6•, ��� ;°SY: ����; :�'z=F��; `'"��'� r i�s .�;;3�r..,�.� .��^�;,��,,,•� x ; =�.:,� .'. �:,>'�� , "tY•�'��r•:?K�� i`'i4��;�i`� •'ti,':`::�f•;�,�` ;ti =.i . E:Y:• �'��tir. •`"•''.'S ��,',. -,� .:,„,�.�. �:�.�:,.:r . , :,,•, � �r.:;; '�_-r:.,.;: f � �ri: r�"'�r , � � _�: �:;,�,,r -. �< ,.T,�d. ��i,t'i• �.�. ar•' ,`.'�: �y4. .�:;�"�'•r = ' Y 'i} ��t ���,N %'\ �l i�' 5.�.: S � :'' ;�'. w /,' r`t`�':�;t' .,.fi;'. ��`,`'.t`�s'�<='r7�'�N'�'€'T3i�e� r��.,f t. �!t;t7:�;�,�'�'pi. ;�:.�fe,=",�,;��x�.�-:�;_ .. ,�s�� f.�-:;c ;i:,5�w� s,;�''",;;: �:5�; ]�.l.��Y���f'�:�:.`t�.i'.�. ,.i' I t . ��;�..�,:f j `�,� i4� i�f;;;`> Jr:- <,Y , _�:z. ���;��-. <r i�i �7ii;'sf.��;Y� 'diE•��:;• 5ystem. C�:i.��`f ��j" " .� � (Qj NO COMPETING SYSTEM. To the Pu�.3 ext�nt pex�itted �`t'��Y�,���.��` b law the Isr�uer wzll not her.�after rant ar cause consent to ;'.-3rt;•r,. .� y , g ► , , •.l��t,�. fr,,11 fi:,,,:r:?�;;�,�,:., ar a11nw the granting of, any franchise or permi.t ta any Qersan, ti.� ��f�'4'',"' �•t f i�n, corporation or bady, or agency or instrwaental.3ty whatsoever, �� "?'1'`�v'•�" � s far th� �urn�.shing Q€ caa�pe��.ng gas servicQS ta ar wifihin the • � � ��Ii .� t.`� =; �*. �,.'-. boundari.es oi the Issuer; pravided, however, that i.f the Gas System �� `''�� �`� Manager zenders an opinion that it wou�.d not be feasible far tha i�ti{+� �,r:�v.� ":t�'�°��1��=�'�"'' I3suer ta pr�vide such services to any �pecific area within th� ���`�'`�� `�-'� �hree years succees��.ng a requa5t t4 provide such service, the ' ',;;4":;�°�==r;, � ? s�'�'�;��'�`_�"����•`�� �ssuer may authari.z� or al.lr�w the granting a� such franchise oa� E �'P_4{:t?�Y�?:°� s�:��.,,��+ permi,t for such area upon such terms and conditions as it may ��F.;:s� +r���3;`�4 approve. ;r"`,� (R) UNLAWFUL CDNNECTION PROHIBITED. The Isauer has ;°Y;:�;; enacted an ordinance making it unlawful tor any persan ar persons ;r.:F;� to tamper with, change or make any connection with the System with- '- �`�" out the written aonsent oE �he Issuer, Qr to make any r�connection �°t�' � �.°'��� with th� System wh�n servi,ce has been discontinued tor deZinquent , ;i7;c� i�;�rY � charges, until such del,inquent cnarges have been paid in fu].1., �.. including inter�st, reasanable penalti�s �nd reconnection charqes. ��:��� F,:,,�r The rssuer wi1.1 diligently, to the �ul], extent pe�rmitted by law, �I+iH :_� ^� eri:�arce �.his covenant and praseaute arsy pe�san violat�.ng the pravi- x��, sions of this covenant �r any peaal ordinance re].ating to the same. (5) ISSUANCE OF OTHER OBLIGATIONS. The Issuer wil]. nAt issue any other ab�.igations payab].e fram the Gxoss Revenue� af iche System nnr volun�arily create or cause ta be created any debL•, I,ien, pledge, aasignment, encum3�rance or other chaxge having priarity to ar be�ng on a parity wi.th the l�en of th� �.991 Bonds and �he interest �herean upon saxd Rev�nues excep� under the condi- tians and in the manner provideci herein. Any obl.igatians issupd iay �he �ssuer ather than the 1991 Bonds herein authorized and Additional Parity Obligatians prov�.ded �or in Subsection T ba].aw, payable �rom such Revenues, sha7.l cant�in an express statement that such obl.igat�.ons a=e junior and subordinate in all raspects to the 1941. Bonds, as to la.en or� and sou�ce and security for payment from such Rev�r�ues . � � . ..... . . , . . . , .,�-,._ ' R . I i , 7 32 . 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S'�'7 • 1 ' , � .;' ;•.,, • . : ,,�r,..,r;, . „ y. .,. ;. , . :,.• .,. �,:i:,:� 1 •'i` " - ,i:''•' i � ' �j'��ic4L.`CCy1tWaA`.�i..'w.L....." . ' .. _.. ... .. ..... .. ......t.. . ....'�.:.: ,.�.... ,..... . . .... . . , �. .. � .. . . . �s.. .,., .L �.. ..„..��.w.(�7'.i!�,dt•+S.Q�,t�:,1�:A.!�4h!`�i1G�'��.. y.`. .;; ., .�� ,�. ., "��4' .E. � �� . _ .. .. . rs � ' ;�:.,°��i�,v�;�;,x+.� . •a�;.? � '�� � � . ' f 't,'.��:y,'„.:., .:� Z;}• . i��l,�� 'S' ;� ��`+ � � ��. . .����`..c���iyS�'_:L.:it.`L' n rF," t` . ' � , ,•l. . 4� JK�.• , •� ��1.�� . :�vr.`r , . ' �. ir r,i'. .L ... .�, ., . . ... s'y�'. :; '.�;�. ',� , :�: ; , . �'':F°�,;��°:�`:��;�i',; '�.;.��;�:. '. (T) ISSUANCE OF' �'.:1DITiONAL 1�ARIT_ DALIGATT�NS. Add�.-- f �`.':.. "�''.' � ;,, .�1:_�...:. . ., ,<.,: ;.-� ., . - ' �3.anal �arit obii at �., ., `..: ,., -: . Y g i,ons, payable on a paXi�y from the Ne�t Reve- ;,.^`4��;i.��`,,, ?`���'��.:1�+,•,'•�,r•t��• � T1LlB5 of the System with the 1991 Bonds, may be �ssued after the ', r,..`:.;<<4','�N�'`'�f �`' `� ,''^:,. ., issuance o� any 199i Hcnds, for the canst�uation ar;d acquisition j, '''` �� �'`' �„�'��' �� oF additions, extensions and improvemen�s to the System ar £or >.t,v��r'< <`;� `':� �� '�. :��, � :',;`r'';=�• � �:�,.''`;=:;� •; . : : �-,;:; zefund3.ng purposes ar�d upon �,he �allowing conditf�ns: '; ;':,i.,'},•, , .` ., , ,:..' ,'^,. . ._:�f.' . . '' � � � �::�;�,�, .�. .�, :..�,., ',':" �, ' ��-� �`��.`M,;;'�' �'��r ��_� �'�`� i ' � ' �t�- ( 3. ) The Net Rev�nues der�v�d ar which would have i:u`'�_"` "���''�' ` y�" �' .{'�'' .� been der�.ved, if adjusted a� provid�d herein, from the System, . •,.:Y,t.�, .. .� o.. . .'.�.�� , - � . (_•. ' "� .:Ar.. .. L.. �'''`;���;�tf•y:':;;�-'����', �;�;,;°��, r��,j.:;�� aithex during the imm�diately prec�ding Fiscal, Year, dur�.ng any ;t,,��'t=��=::�3�;�T�,"•yL ��'�1�,,:''�,c�l�%—, twelve (12} consecnt3.ve ca].endar mon�hs o� the e�.ghteen (1.8) ''�"•�°;`-^ ��'�`'� �'� ��"'`� �, calendar manths immedia�e�,y greceding th� sale of the propos�d ' � il.l;i �... ,.'',�','.I �� .SL,�.' ... ... �i'�1�: • �qY.�, : �.. `, :," � %:�.. .;� `�-:'4.�J�;�;.!.:�r��:;;�> >%: ;�' �.��_ ,_;;:,•:,� �•`; � Additional Par�t y Obl� gations ar durin g the last t�ae�.ve { 12 ) month �'���`��`�f;��''.�%;�'.`������ti`�� ��'��":�:1��'�''`.�� eriod �ox whi,ch the xssuer has audited finanaia�. statem�nts for cs�� ..�,�t.":. �� :r.: ,.sti1..' ° p ''='F`-��`;"��uA �•, �;;•,' =�'`'_.? '����' �''�a.Y �he 5ystem, at the optian af the Issue�, shal.l have been not less ::i ,�� 1 • .�-"'' -:i1 �s�•:.;;`�`''� �+"' ; •� ;:��.� <�: � ,� .� �k nd v�c� quir ment which will bec�me ;=` '.!;� :� F,, �:, �;;,� :-r�?`�.����;:;;":�°�- � than 125 ot the Maximum Bo Ser Re e ;,,zt�,,,.;;�t;�:';•..���1,�<11`; •:,��'.';y`-,..��,�;:y.��� due in any ca],endar year thereafteF on (a) the 1991 }3onds then ;, `�:`°�'�•��,,�;�',.�,;� F:';.}.F�; `�`:. u 9� ( i Y Ad i na Pari y biigatians issued and then ;r.�;Y_,-;�:�:,:� �s3',; •:` ��h:f :..�- :�-: , o tstand�.n b an dit o 1 t O !' ��,i°�='�;^ ��'� = �:; z`�:k";r-�_` =i��. '`: ou�s�a�da,ng, and (c} �he Addi.tiana�. Parity nb�igations then y,: �,, � i,� ��:'�� ���,',-;ti'f�",,.',R-�i�4a� �� `�;;';'�,,,:,;rr;• proposed to �]� j.SSLIBC�. y'. . , �. r � 'i,e {V ,o p����:.'�':���, :•'f . ;.. � `; '!`.�� �:'" .� �.! "w+ r '��4 � � �.'li� . ' ���•, -{' Ti�ti+'l��ir'•S�^i.3i `i�...�+1��'l'..�`,,.-.'rf•.�:,'. ,,.;-, .,,�.,: ;+`j'`;,;,�.,ti:;,s �.i>r r';.,. e°:,::; In de�ermininq the amount o� Het Revenues for th� .°;��:' ;p�.`':�.:����c'� ��•�R�. �•��,_'��:.'''; '�' ;. purposes of paxagraph (1) above, the Consul�ing Engineers may •;:`k`'�Jl"n�?',1,<,,, , o` t�.,,;',:'.,'�-i; f� ,::. , ` s"` �`��}3:�-�'��"���'�� ;�'' �:��.'.: �,��:� �� adjust the Net Ravenues by adding thereta the gol].o��ing : .j.1 •.A� � I��'�Y'f,F.�.l� i::,1 i`^:.,�.�: �f�:�.. .�'. /'J �l�,.`�1.'Zfj4�e}�, ::�•:`f=r �J,�}�, i�F;(��'J�i'� ' �� �-� '��� s ` r`• •���=� � ' '•� � ` �� � (a ) The Net Revenues ( com ut2d for suoh � f .[e+ ;�;;;: �: k.; �:' � � P util�.ty on the same basis as nat revenues are computed gar the System) vi any gas utility which ths Issuer shall hav� aaqui,r+�d prior to the i�suance of such Additional Parity ObZigations nr which the Issuer shaZl be acquiring trom prac�eds oF such Additional Parity Dbligations; and (b) �n the event a change has he�n made in th� �ate schedules fcs services fxoni th� Syst�m prinr to the issuance of the propc�sed Additianal Parity Obligations �or a part af such �,2 mon�h per�.od re�ezred ta in (1) abav�, and such changa ha� resulted in an inarease in Net Revenues, such amount o� addi�ional Net R�venues which the Consulting Engineers estimate woul.d have been racaived by tha issuer during such 12 mon�h peri.od if such ahange in such rate schedule had been in effect during the entire iz manth per3,od and �n the event a change has been made in .the ra�e schedules far services fram the System prior to �he issuance o� the proposad A��itional Parity Obligations �or a p2�rt o� such 12 month period re��rzed to in (Z) above, and such change i�a� resul�ed in a d�crease in N�t Revenues, by subtracti.ng there- �rom such �xmaunt of the Net Revenues which the Consulting Engineers estimate wauld not have been zecei,ved by the �ssu�r durinq �uch 12 month period referred �o �.n (1,) abov�, if such change i» such rate s�hednle iaad bean in eff�ct during the entire 12 month period. (2} Each �esolution ar ordinance autharizi�g tite �.ssuance of Addit��.o�al Parity Obliga�ians will recite that all of � . •,. 33 ; , s � J.' '.t'ti 1� f �.`�.' ��.� .. :: tie�.l : . � 1 , 'e'x'.`as. " _�`!s � '..'.. �I "��yf1 JM��^ „3'��I ��.� 1 �ia�:{ ;�;- �y���;�. , � f( ' �. ,1 . L `�;,�!.L ' �. i+ t' �;C �4.�4�,�'E �, i I t: .. ;;. =r�.� ,. ,,� � t-+,,:y.� w •���a t . �^- i � ': ti� �1�:�` 4;'�;..�3'$� f�� ;; '�'r'�����Z 4��"���a�� ;�r�� �;F: t ;�rr�''v�,l�i� �*: i"�( ,�'!�:`,��;' .' 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' ;�� p o g y r� nts nd abligations assumed h��eunder� ���"' ���,s. x��� F ;��',����:' •,' and a13 paymen�s herein re ir�d to have bee �s� ��X"���` �'�, �"� ,? ,�;. y ... ; ..' � � qu n made into the ., , � � �. . I°;:,� •' • ' . accounts a d iu s o � ° �'�- , ` ;' .� ��:. � r, ; 4�; �� n nd�, a ps vi3ed hereunder, sha�,� have been made �o �_,�,��'"�'��;,.a` '� ,� fs . ;, �,`;_: q;;=:' ;�'�. ��'. �;-.� the fu3.1. extent required. ���;;��y',r`���` ,� c � �; �.'v?4�i;��:� �';� : ��:'F� °.; :; ;^ :� r r' •i.�, !��� i"-��'Lij '� ' �' � �I. 'S�''' Y 'w. '�1y j � "' 'i.r1. �j . �.~�;��`�'`' F����::-�,::.�;s�ti�: �'' SECTIdN 17. SG � W i�',��',"-�;;.z,"� r� i •�� .,". ;;, �,��_ � °' '`'; � ', S OF RECISTERED �WNERS O The IsSUe f�-a t ;�',��� '�� � ' � : ? ';;t,,'��'�'' ,';�?3s�',�_.�,: ;'�=.:,'. ;',:�� .. �QL� F�'1' � F BpNDS , x', m. im� to n?�. ^:�' �` ` I ,; ;•�;�;r:;;;�;��,i�r�=?i':�� :�~.�;;,r;�� �' �ime and at any time and without�the cons�nt or canaurrenae o� a�y '•�'��x, ,� , r' �.'�i' .� ; ��'<iii �`]� 1:. .� ";�:.', �';'M �jF�„ '� � � ; ' �,-.,::, , L•„; � ' Re isterPd Owner of an Bond � �; �"� �' .� ° %". •. `. •'�;.: .�;•.�:.� g Y , may adopt an nrdina�es az reso�.ution . r.� r; � ' ���}•�•�:..;t'-4'.�1, :�t�;.;i,.F'.r�:, �?' � l. ;� °°;tiY�.�:,, cs.�;:;�.}.,�,•, _;,�.;�z,:;'.'' am�ndatoLy hereof ar supplemental h�reto, if the pravisions o� suc:h y�;y�k��'�� t�*.._ �; :`A`� ., �. • pP �. n shall not adver�ely a��ect the ,�F,,��p�; r � �`. ;;;F .;�4.,s-r�•<<4.�- �.�!.��.-..�f;.' : su �emental ardinance n� reso utio s��`� � �?''� �;�'7 x; .,;'��� ry�r: .,�7+CY.�"� �,f:;!�,;��yf�iy�� z�,gh�m of th� Registered Owners of the Bonds then ou�s�anding, for s�w���� �r�' � .�,-��s;�'. %�.� l'.i.c:,�'�..�y;l? +." � i $-.'C' .'f3'. i � i.'i'�='•. ,�� .. r _ . : .R f.j' ". i,* .: � .�{�yI,� , fi'. �`� r ii:ti�Y'� y.�l.' i,1� �[.Y.r.. :�'y k i \' : �� �'�.3T.' 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'e,�; ,r ��°+•-�. .��� : f'; . �. ;,,. � ';:a`=�'•:='i• ,•,1'.':..,;.� > :t,.,.; .� ... �i}�; ..l-� Y[ � _: . �'�''. , c� ;� �Y l:� a:. ,,I`' S"_1',c;'.�'?�`.4; � :.�"�'•i;'.;:'`: '`t ��i4����1(�� �i";t�f. �.T-.,,�.•�• :f, � C _,..�.n'.: ...:+".'� ;,: , a°,`••y.��.�;_. f�' tl. _ • �': �; .�. s � �.�r_;; "s;i.';'d �.�'t ,�.. :, �_t •;ti�_,:ti.; :�.4,"'�i' .:�5:' •.f; , . _d.Fn'. i.i^c'�e- ' 4.it_"S � i.�'` �'�'1�3',::.�:'if•:.- ;: �� r4i i'. n ,4' '�::�'��• �`ir• '�' . .,.ti; :i'-: `;`z���' t;�,�: ,� . 5,,,'1,�i^:4T.'h"�..a�'�f • . ` . . ...,... .. ta Sectian 18 hereot, and any BandB isWued subsequent to any such modi��c�tion shall can�a�,n a speci��.c referenae to the modi�i-- cati�ns conta�ned in such supplemental ardinance or resolu�ic�n. SECTION 18. AMEND:tiiENT OF �RDiNANCE W��I C�NS OF G OWNER �F B0�1DS. Except as provided in Section ].7 hereof, no material modification or amenc�ment of th�s Orda.nance ar of any ordinanCe amendatory hereof or ordir�ance or resalut�.on supplemen�al hereto may he made without the acnsent in writing o� the Registerad Owners of fifty-one pexaen� or more in th� principal amc�unt of the Bonds ot eaah Series'so a�Pected and �hen ou�stan3ing; pravided, hawever, that na modif�cation or amendment shall permi�t a change in the maturity of such Honc�s or a reductian in the rate ot i.nterest ther�an ar in the amount of the principal abl.;gation thereof or affecting the promise of the Issuer to pay the principal a� and izyterest on the Honds as the same shali become due from the N�t Revenues of the 5ystem or reducQ the percentage of the Regis- tpxed �wnexs of the Bands required t� conserit to any materiai modification ar amertdment her�r�f wi�hout the consent of the Registered Owne� ar Reg�.stered Owners o� a�I such obligations. For pu�pos�s of �hi,s 5ection, ta the ex�en� any Bands are secured by a Credi� Facili,ty and �uch Bonds are then rated in one of the twa high�st rat�.r�g categQries (wi�hoe�t regard to qradatian) k�y ei,ther standard & Poor�s Carparation ar Moody�s investors sezvi.ce� Tnc.� or suocessors and assigns, then the CD115�11t ot the Credit Facility Issuer shall be deemed to constitute �he caansent of the Register�ct �wner af such Bonds and in such case no consent of th� Register�d �wners af such Bonds shal]. be required; provided, however, a copy af such amendment shall be p�r�vided to such rating agencies not less than thir�.y (30) days prier to the eF�ective date thereof. SectXOn 3.9. DEFEASANCE. Tf, at any time, the issuer shall have paid, or shali have made provisf.on for paymex�t o£, �he prin- ci�a3, interest and redempticn prem�.ums, a.� any, wa,�h respect ta the 1991. Boncis, then, and in that event, the pledge of and la�en on the Net Revenues in favor of the Hal.ders o� the ].991 Honds sha13 be no longar in e�fect. F�r purpnses at the preceding sentenc�, depasit o� Federal Securities or bank aertif�.ca�es of deposit fu13.y secured as ta princzpal. and interest by Fec3eral S�curities in irrevocable ��ust with a banking institutian ar trust company, for the so;Le benefit of the Bondholders, in r�spect to which such F�d�ral Securities or certificates of deposit, the pri.nci,pal of which, together with �he income thexean, wi�.� be su�f iciant to maks tiruely pay�men� of the principa]., interest, and redemption premiums, 3f any, on the outstandi.ng �991 Bonda, shall be conside�red "pravisian tar payment. �' Nothing her�in shalz be deemed to require the Issuer to call any of �he outstandinq 1991 Bonds �or redemptian prYOr ta �aturity pursuant �o any applicable optional red�mp�ion provisions, or to fmpair �he discre��.on of the Issuer in deter- r�ining whether to exercise any such aptian fQr early red�mpt�on. 35 . . .' , L". -, • '�.ti 2t4 : (' � . l.< •. ; �, ;Y; r,�•'.liR�s:, r �'..F, � . �.��f��al��,�,.{�'c�3:�3;r.' �ro'��'s'��i s.�� •.t:{.�;l, � � ,'; ,i�.;I��elS.r�ytY�u�`�. .. `a',� `: a��. �:.'�rar:+`t irt�M' .. . .. e \y;�;t qy :Lti��J�}�F.� ✓�. .���'P:�'�'�k�i;A�����■}�*�,¢r�yx� ,. >�'+,�`ri F��'.1��=`t�f�;,�.:1�4L_*di�$-. � � �r � -: , � � ; l'� � � .�-r.�......._-....- � " s 4 . ,.r i-• � r - � .. � „ . . , « : .,r�.r.i •, � a ^r� r� ;a?;•as�;e+�;�At. .'is. . ^ il. 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"-„���'�"1�i�•'�'�7✓f\J[., �' . :> . lf.'....� t^� tiV i..`li:f. ,1� i.{ r •' � 7` • � ' . .'v`!:r'c,,.`£�,� y��.�$��. y, �f,� 3` � ' i ,�� �y�.it � �,' },• . � . ,� ' . . i��: �`�. " i. ��k���� �"�.�: 6 t�. . ` ..: � w ,� ���1,:.... ...��:+,r u� ? t T � l�� • �`. . ; ��j:;�� , p�.° � � (lryl .'L i��� / i'°,T :' ;�.'l� �i � ^��1t``��4� 1k1f�.� {j.����J�`���1�,'�li �4'.- �' `�"�5 �' �4�Y�V�.f�Y�l�{?YYir'�✓YY�rA�+1.�i' . ` : -, . . �� t .. . . . , 5ection 2 0 . F�QEPAL_.�N�Q%�� ��QVE�?A,�jTS . ��,. � �g� �'�5;� ,,��� �`� � .,,. . , ��� ��r.i' t��' ,.� ��� �`,�� � ; ���.r , � �'',. : ��j . ,�' ; .". : . f,' ��� � �,,.,w � �� . ',�...�'�.' i- r: �t•?:�:'� . . .. . . . . �i}!it?"•-'�.'i'�F.� sF•. � . �' ;�4�,� .'- �`� . A The Issuer oovenants with the Re istered Owners oE En���K:;Y���'..,`n �� = f 3 9 k�, ,��. �`.�y��'x�� �L',�' '� �' � ' each series o:f Band� that it shal.I not use the roceeds o� such r�`` ``'^, "s,'� � )�h .��.�':'}k��"��,.. }i.r` lt.,, Jr': ;' t� � ! � . . • P ��;,�:�''�: �', �.. =f�z � � �,; ,; • �'," ��� ; •. , s�r3.es of Bonds �.n any manner which would aau�e �he interest an ;�;�����;�f;��������,I�^ ' �, ��,t��''j�,,.`�..'..' r .k'=','.;� .; . �;'. •; •� � such series af Bonds to be or became includable in the gross ,income k�y ��Fa„�': ,'; ��� . . ` . ? ; � ' of the A�c�ister�ad Owner thexeo� for tederal income tax puzposes. ��:���dE1��!r"`� r * '�.'� `���} � Fl` -.1.• i �YI _.�l 1. Y 4 � 1 .. f.' 9. , , . � ��.!•i' ' � ':5�.;!��+3 �;±' .���. �,�' �,•, {S) The Issuer covenar�ts with tiie Registered aGm��'s a� ,°`���.�����+F's,r� r� �:`�� '� ��x�`~��,� , .°' ,�<;�� �.�;,� : � : °� : : :. each �eries o� Bands that neither the Yssuer nor ar�y persr�� under yg""�' " �Y�, '~ ��•',. � i� ' ;����:`.��.�_�� ��;�€: �,:i��;�' ?'';':.:>�-.: '�,:, its cantxol or diraatian wi11 make any use �f the praaseds of such ����#�"�, ��.� �?�,}, �,�.F:;�-=;r:�'.�.51��.•!. . � .F1: . . i � . • ; '. � .; . - � � �.��:;:��� ...�.�F:4 seri.es of Bands (Qr amounts deemed to be proceeds under �he Code) ��r Y.:��u. � % f� "' ���' �� � -- ��' •'. t;:t.'4' � in any manner which would cause such ser'� es a� 8onds t� b� � �������`, 4 �� ;.. ` : ��; _': .:" • ',:1:?` � �F"��?� , .�:. p; �'>�_>�.�,�r: '-,;.�, .,,,.•r =. 'arb�.trage bonds" wxthin the meaning a� S�ctien I.48 of the Code and �,�"�'���?, '•� � q�;. �� :u:: ;1�; �3���1 4irs:tiL.'�„ :'� neithe t e zssuer or aa� a e '����� : x�. ,:. �?� �.4-: �,: � . °;,;�, ::: ; , n � th x �rsan sha7.1 da an act or �ail ��;.�•��, • . ; ;. - ; �� ':�� `-�����r � . � ''� �o do r � � y �,-w�� � i��••+� �_� �; ����� <�sr' i=:,�:r:��r'`';`_`; ' any aat whiah w4uld cause the interest on such series a� '�� �-•r� 3 =� � F'r.!'3'•.*,'r:,j•� � :'...s.:�.r, �i'�'{�r��* � .�=N`� +�i, � ' ':' c:-.h'7 � ���'f;�;2�'�,,���>�'}���,'�"��> `i'�'��',, ;�� �onds to become includab�.e in the gross income ai the Registered ����!�.�� ;° ., .;.,.f.;� <,.: :.! ;::.; ;-��.,:r;.;�.; . �;�.w31� - -'� ��r �1 ��;,;f�.��'��;-. owner thereof for fedaral income tax puxposes. t<:-� `� yi'�!�: ',`'�?•! ' :' :i f4i.:' `' -,. i t'r',.'.�: : . >' ��vr"�� r � . ','.?;:.� } ,�t •�? s.r��' .rl�', , � ,.,; % � . ' �'�'{�'AC°`�"'�ji,:-;i.!y'�".i:��j�'��;a�':'1' f„ + ;�� �'���;:�; j�,���` �; M�:•Fr �,.�': .'°;3�' ( C) The xssuer hereby caven�nts wi�h �he Registered :+ Y�u , _ t . :�. . r,. , _ . _ �s....a ,'tY •.,:�_',�s ',.: .k.`;: `_7' . .� �>:r�'''.�'.r :,�,:: : �: � .�;;:"��; owners of each series of Bonds that it wi1Z camply wi�h all :s;;t= �;:�� provisians �� the Code r�ecessary to maintain th� exclusian nf - � •.:< <: -°.;'�•:'�� interest on �he Bonds fram the gros� income o� the Register�d Owner thereo� for federa� incame tax purposes, i.nclu�ing, in particu2ar, �;�`;V.�°�'y �he payment v� any amount required to be rebated to �he U. S. `'���`�� Treasury p�rsuant to th� Code. :�,�. :�� � . �,�;, '° ��' ��`1 5e�tion 2 z. �OVERNMEi3TAL REDRGA23i ZAT�d23 . Natwithstanding any ,�� :���;"�:� . �,>.:.,.<:•; ather provisions of this Ordinance, this ozd�nance sha�,l no� :"- .�,��� prevent any lawful reerganixati�n of the govsrnmental strUature of °�`''`�"" the Issuar, including a mergez ar cansolidation of the Issuer with .,., 'i' `� C l. .��'� Nj,;,,,� another public body or the tran�f�r of the System to another publia ;�;�,��,;;, body, provxded thc�t any �eorganization which a�Pects �he 5ystem oz ��.�r�';� ^�°� any �ransfer of the System shall provide that the 3yste� shal7. he ��;'��y�+� ` continc�ed as a sin 1,e ente �f, ,r g rprise and that any pubZic body �ahich '�' � succeeds to the ownership and operation of the System sh�xli a�so `_.���'�`"-��;' assuace a11 righ�s, powers, obligations, duties and ].iabil.ities o� ','�:��.'�� �� the �ssu�r under this Ordinanc� and pertaininr� to a�.l 8onds. � Secti,on 22. Co��1�[ S WTTH CRE�IT FACILITY ISSi3F.R. The Tssuer may make such covEnants as it may, in its sole discr��ion, determine ta b� apprapr�.ate with any Czed�.t Facility �ssuer that shall aqree �o prova.de a C.redit Facil.ity for one o� more series that shall enhance the security ar the value of such Honds. �uch c�venants may be se� forth in a reso].uti4n adop�ed prior �o or simultaneously with �he sale of such Bnnd� and shalx have the same �f�eci: as iF such cnvenan�s were set forth in tu1.l in this vrdinance. Sec�a.on 23�. SEVF.RABIL�TY. �f any one or more a� the cnve-- nants, agreem�nts, or provisions cf this Ordinance should be held cantrary to any exp��ss provision of law �r contrary to ths pol.icy 3 E> ... .... . .. . �. � �� :.�: � � _� :a ' �. �� !�c e��=��,�3s"��'R'y'•S';"�!`�*k4'�1 4!!�5'� �S"''nrv,,�+ ��,.. -�t,.r" . • ,� r",. �r...� . :� .. va;r.��;. � � '� � , :.i� �`3. •'.S: ' � . , w�,.b.Rd: .r.,..:',f,,1�„�'?.R,I��r.�j�3�.�R��(,-y�_;��.j.��.�yS � J'•[' . ' � . . . 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' '�! ( ,'�S�:ST' �S'�»'J� :�i . : . ' �, ':h�'ta`�'a , i;'3 �'' � f'1 'r:l�i,�i•� '�• '. : � . L � :�{�,,,,��r,•::�r, �uiF,��Eti' -.r_,=" SeCL�OIZ 24. SALE OF BONDS •i' ;{,'; i .- �;< ��k # ,yi;:..;.•R., .�,` . Z991 Bonds shall be issued and _f��;,.y;+;.���7ti�_:.�:�;":;�3�; .;: :,r-',: �;;.>.; sold at public az private saZe at suah price ar prices cansiatent �`,:,k,��}?r;v�:E�s�.:�r;} �`: �;�'�ti.::F':!'�.: `';= with the provisio�s of �he Act and th� requ�reme y.s ;,,,,,:�;:yr ti z:��rL�..,E �;t�:�.:��i:°'•l;�ri, I74 of this ordi- .,�`;�,�,��:t�-"�n;� +- �,���. ; narsce as the Issuer shall hereaiter determine bV ardinance ar ti�.s �H+1` �i�.t�.,i�F.'-�"G- i: s l;j ��;G;i 5 j ' K'�'� ��' ;� .�.�; ����_-� .�:qa�:'.�'-.��: resal.ution. I� the 1991 Bondr� are xssued in ihstaxlments, no 1.991 :t�k�. ,s�s� ��i .c. t;..;.:.;: z::-;� : � <�� :,�� ;,�ti��i�� ������SU�3�,�;.�°,��; ryr.:.;-_��,:� Bonds shali be issued a�ter issuance af the first inst•ai�ment Y =u� u'• '.t'e , s }�r�r,�R�J' � I .!n"'F:1 : �`,'-:,�.•;'•..1��5;, .:tih,� �;i �Y;�:�;;.:�;�t,,A�.��v,;j;�,�,.�;;, :. unless all requi�ements of Section 15 T af �h�.s Ordinance, rela�ing �p..��;,�����;�;.13�:r�i��'�,':�;��,i';�i�;���, �,, to Additicnal Parity Obligatiohs, are met. � � R'� SECTION 25. PR�LIM�'NARY OFFICIAL STATEMENT. The distribution '=u• '•= of a Pre�iminary Of�i.cia� Statement relating to the 199I Honds is `'' hereby appraved 3.ri such form and suhstance as shal�. be a�praved by �-�,� the Mayor and City Manager ot the Issuer. The Mayor and the C3.tv �'• Manager are hereby authorized to de�m such PreZiminary OfE3,cia]. '' Statement as "f�.na3" w�thin the meaning o� Ruie 15c-2-12 0� th� Securities and Exchange Commisszon, except �ar certain "per�aitted �;�' omissi�ns'� as detined in such �u�e. Sec�ion 2�. �t� EAL OF INCONSISTENT YNSTRU�I,_ENTS. A].1 ordz- nances ar resolu�xons, ar part� thareof, in confl.i.ct her�with are herehy repea�ed ta the extent of such canElict. Sec�ion 27. EFFEC�IVE pAT�. This Ordinance shal.i become e�fecta.ve �.mmediat�ly upan its enaatmen�. PASSED ON F�RST READING on Auc�ust 1, �991. PASSED ANA ENACTED by the C�ty Cot�mission o� the City c�f Clearwater. F].or3.da, this day o� , 199�. (SEAL) ATT�ST: City Clerk Approved as to form and correc�ness: ��. • . City Attorney ;' . _.�.,.... , . 1l � 1 i �� �'� i CiTY OF CLEARWATER, FL�RTDA Mayor--Commissinn�r 37 . . . . .. .. . .-� , .. � � ;.r.. . .. ... r e�A�'.� � s=�wHl�.:,{ ,�+ y � hY'�. �%'`s .. •s.:?i; iisrs�x• Srw . 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[i'i �.lSrr�'E "�' �'Y�� �'(. . �.W1�,r �,�'..w'����v. �`�i . ��1~.� . r ,ir�+-:;T,yq��� :� i�s.n.y..•7� :F`F., � y.. .t.�!aif'��.i;�>�`rt.':1�. ,.{;'.�u. . � ��,��,, ;!_;-..:;'' .��„�r.s�',:; :c:-,t'•.k';��: ' .`;��; �,_ �SCROW DEPDSIT AGREEMENT - •fi�.• .' k.N�•i,`al,�pt��•�.}�-r'����,'••��iJ• n� , . iy;;%?..� t. h • �'1�i �•�� ,3�'.�:. �'"}i�Y�i�r • __ti'' �,;,h.r; `;;• �'^ i` �.5� ';; ��.;'�rt' i'. _ ''u ,.:t,.'�i r � '', , %��},!'=';_�5s;. c'S1"+.v ;: : '. ' •�. =e:t. '`i.�i� ..�•:�' iY�`r R� f .jY � .� ''f �� � *.e` •;�i ���, ��'. 1� ' C�• . �y r �sr � ,.+ - , :s�: r.�.: �•4�: =�;.�`�; �;;�: t���� a��,,;y,��.� •����: "�•,;, • � ..,�� . � � ��� ,.le.. >�'.'�);R'��•��, t.... . �y rf• ���Sr�•��`¢,'S';{�,F•��'.';��F �'�,�. ,'i �"�F, l) 4.} .;�J . :� . . 7Y `i"+�1+ , �' '� F �•o i..q ' � .l:..1,�'.e. � ,.� . ,.i` .� ' ir�r. ,i ,"r�'.l��t.»:Y;'� � ' � . � i 1 � 'k''�i'lS;1 {,.sl . t � . . , � , :;.�1 �� :I'/`g1 ' i '•� � e'^' _;(.`5�..' I ` i � � .�5' ,'� : ' ': J}� r�l � �r . . . . ' � � �`�' . ';.i �lga.r� , ', . � • ' tt �, t . �l�i ;��i� t� } , .� , ., . � �,�' V 't . . , . , . .,?'. . ', j . i . -, �. �'':` �:�;:. , � i���,, �y �' ��'��i�['�+, ,�("; . � . . __ _. ..-� , � �` r . x w,•; , .:.�.• � ' � ,',i..;�. �YJ?4;i ' ;;b';'*e' M: r.s'=, �n'� , s.� ��. '�. �'y`:f•�.� . .-. ,. u ,.:c. ... r'3 . • 9:a='�" t;�'�:a.►=,'��;'':�';:::� ''..`.����;`•.-,�`.; ; THIS ESCROW DEPOSIT AGREE�iEi3T, d2�ted as oE �, 1991, �; �,;�;-T=}L'� ="1"'sF:;,������'�'":�'�'���`'V,� by and between th� C�TY OF CLEARWATER, FIARXDA (the "�ssuer") , and ��St+ ��.- ;,,•--:�; '.;���. ^''1-ry'ry�t��'I`Ta:f�� 1�.r '��'w' � . ���>a�t f�y5. �>;!+�{��i'. iJ i;};�ef;:7�1�„,,t.:.:�i.� I ! ��'�;�;:'���.��`,•�•r,'sr °'�'�4�"`- FIOr da, a bank�ng assac�at�.an ozganized under th� laws af the . ,�. "' '��'" �' � •'�,:',-::y ;t "_� � :: � . ... �;�_�:; 33j'�''=ir�:'�� ,.. �'>'�;`f�i>>:�-_r�',�.�.'�' [S�ate af Florida] [United States of Araerica�. as Escrow Ho�der and ii.�:.=j r3� ��'' i.t��;.��, cF' .�;rtn w�` �: ! e-' !1 H p����� �rt;�,���,: ��,.� ,��;�%`,: i�s successars and assigns {th� Escraw Holder ); . !' ..1.:__. ]'��_�r :`F'.l�.�.: Si ., v.. i.'!,.', .._� . � a � ?��K:!., �%j� �;�{�;�'f,�#�i; �:;'' ` '�:�'��:1�''��;'�j; k`',v 5' +'� '; e.. ^s; W I T I� E S S E T H: � WHEREAS, the Issue7r has p�eviously autho�ized and issued ob�.i- ga�ions, hereina�ter d�tined as "Refunded Sonds��, as to which the Total De}at S�rvice (as hereina��er defined) ia set forth on sch�dule A; and ;`N"-- WHEREAS provide fo= payment of � the Issuer has det�rmined to :��q'�'� the Total Deb� Service of the RQfunded Bonds by depositing with the .x�•�';• :;�;r,,:� Escrow Hnld�r an amount which tog�ther with investment earnings ;��,'�. thereor► i,s at 3.east equal to s�a�h To�al Debt 5ervice; and ,<-�.. -r; f..,�: ; #;;�, . WHEREAS, in ordez to obtain �he funds needed foz such purpose, °'�''" the Issue� has au�horized and is concurrentl with the delivez ":;, � Y Y �s',���� � of this Agre�mer�t, issuing its Gas System R�funding Fte�enu� Bonds, '�'���` Series 199]. as defined herein• and �=� � _, . , �.-. -. . ��.�: - � WHEREAS, the executinn of this Escrow Deposit Agreement and :��`= �'u].1. pearformance a� thp pravisions hereo� shall defease and '`:'� dischaxge �he Issuer fram the aforestated abla.ga�a.ons; NOW, THEREFORE, in consideration oF the mutual covenants and agreements herein contained, �he xssuer and the Escrow Holder agree as folZows: SECTZ4N 1. De�ini�ions. As used he�ein, the fallowinq te�as mean: (a) "Agreement" means this Escrow Deposit Agre�ment. (b} "Annua�. Debt Service" means the a.nterast and princ�.pal on the Re�unded Bonds coming d►xe in such year as shawn on Schedule A attached hereto and made a part hereof. (c) "call 17ate" sha].1 have the same meaning as set fort�h in the Redempt�.on Resolution. , .(d) "Honds" means the $ City o� Clearwatez, Florida, Gas System Revenu� Bonds, Ser�es 3.991, issued under th� ordinance. .. r �'�� �•� .. .M.. . ' .. � � . . , n. • � 4 EXHIBIT "Ae1 m f.,. - .- . �> . . .. . e .. � .�--• ` i� raT � � ! �t: k,. � ';}. z, �;- � L' � � '�i � �~.+; '��� C t� � s' A � 4' � �r. � �� .[ T��� ,� f;.. ; �� ;��� =� � �4,f,.`�"'pY'R.e,�..i..�f. ' , �.r . . .. . . �.�..r. . � ' ' .. . n.�. • rJ . . � .. . � • . . , � t , ".r, :k... � . :,�' . .�;i> f' �. ����,f..�vF,bt �'. ;'e••..,.�r1i��YVaa.c.�rs�"j�f, � � M . - .> .'�'i�'.� � '� . � � � - � . >1 . , + :l�, " ' . . , . ;. . . , . F���,.i ..,�tij;y,' ti,y �' .n, .: ,i;::''1,1. "�. . . ✓��7.; ,'� , . • . . '� `��'.'l:n:'`�� ''�^ }1 os.. �i`ri{ L i' "i• f:.,�' l+' , ''rj�.i[.�I*;'s.`;9.i'Y [�t%���'���1� �[) ��i�'�f. �op:-,1�,...� iiL.ti�;'� L�ta�����i, 'f'� 'i o' �� '•S� ' „`5.. . . ' s , + `+' �• F .' .' �.' 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K.i., i-t � ' ' - ' � : . . � •.t.s.' • ;, . �r.-.: �.a . �..a�v:,.:: ., :.>�: ,� .', .,� '. ..°�.' .w � .'y'rrY "y:«;i���,�, M.�ir ;: "dr: Y'�:}�('oi1:�'r. ,:. ` . • L';.ii��tf•:�tj�,{;._,�:�}�'i �;:�;� ;; '; �i�= �.k , `.'��,���.'' ` (@� "Esarow Acaoun�" 1I1@81'i8 the accaunt hereby Gr�21tBd and . ;=:�f?r�f�`tY� "w� �' ��_�;,� ���� "�'.s�; '�>,! entitlea Escrow Account established and he�d by the Escrcw Hc].c3er ��:='�`�ia�'��'�'�:� ���^,�5,'' y �4" .. ; ' -> ' ' ' . " ��+;,'ci: f;;t'�;. �fl � � ' i� ' .�� t� �' � � � - ' ursuan� to this A re�mettt � -+.,� ;,{.:_, �;,, p g ,�.n which cash and �.nves�ments wil]. be �5'" �;�+,iw-��-.� . � , �.� � .i; '�;�� ;�,-:� s; '�• . :t`e`•'�''Sg�° �" �:. �`>,� : i�� `�' ., .. „ held for payment �i the principal af and accru�d i.nterest on th� �,��,.�+'.�; ?����.�'k��.;�: •`;`':�� ";`�=�':;;;,:;;` - ''';':,,. R�funded Honds as �hey baccme due and payable. F,-`.;;��,�;x�i���.���� � .� -, �ti_ �:=;�{".,�;;_ ;A; ; ,,� "• . ' . s�.,.r o.�•.�.� ,,x'�;��� �� ., ; ; . '� , ..� #, . : . �t� •� �, x�� E �Y' '-;i ::x:'i: " � ;:�.`• � ty' �• ' r?l« �G,.��,'��v . ;�s ,�_ ' ... i:�'~ ''. , - �` °: �. .r:.._:.� �,_.��^` . � �.. •ti:,�., .. . (f) "Escraw Holder" means • having ���t;�,6`=_��4'�:��,.��T �; � .�.:; ,;: ,. 4�:.�;:�`-`'�'� t� !� � '� ��" `� i�s rimar co orate trus o � '����,���� �� � �z;�:�..���:: ,.�;r. �. �4e p y rp t ffice in , Floz�da, and ��;.dt=�, �"•>.� . 4 `��. �:�r���'tif�,:;.�t;,`;; ;Q`:; -. its successaxs �nd ass.igns. ,f<<���� ; .. . a.�- : .� : _. e .5`3.a �r� ; . . ,9.. _ �� ' � �'.�i e S�r ''' RLe. ',113yY�' � ',H[ it-, �',.' ��� ,'.. �''�r�'.�'�'':.. r..- �` :'.� ��.�•``'�� � � ':.j`��?'���,�r,;��.�.� �� -:`� � ; :�.`'�.:.• (9) "Escrow R�quirement" means as of any date of ', i���� �����,`� ., �, �,>>� f�r• ;7�..:�f.`3 °r' r�; J L". 'i'� r,S' ,.,.3 , y�•+�.�ro:'�;,,_�:.";:�/:� :.r�• =; ..�;: a;�.,;;,�{�;��;;;.,..,,, ��,-, ;,;.;,;�:.. ��, ca1.cuZata.an, the sum of ar� amo�nt �n cash and principal amount of ::�„���s�` h., ��:t+�:��� �`�,`i�- :'�`� e`��s i��'' ��•�: ��'��" rederal SECUrities �.n the Escrow Account wh3.ch Co ether with the .` =�f�`, � �� ~ _, ., ,�.,i .Sr::�tE;�,:;z,�. J..r=c;�<�;�•:�.F:.� g �'�i ;c'r e �,_.f,^ �v`;;''.i'�:;�f;��?'r�f:'� ;�a�;=,:+`,;,;;..:;,� ,.;: in�erest tv become due on the Federa� sec�r�ti�s will be sufficient 'j�,' '��.• r �.;r;_t�;�"�;�';,;:�?��� �';`�'�'�,. ;;:•�. :,� �;.:, to pay �he Total I]ebt Servia� on the Refunded Honds in accordance ��'�;;��r:;� '�'�.��,,�.; '''*;j���Att4 ���'�3'•'.' `..y%i �`�.,^�j,'1� "1,;:'� '� Wf�ti Sch�du3.e 1�1. : �it �?i°�; r�%��� `i' +M'fi'�K`,�}�:�`�r'���::�..� :;�,�.'t'<.�a i-�z,,' �'• k � �,� ;.i�,�1 .: �.t3�,"a°� �.^5:L•.1�5 �'�.I...�:��' ' ;�tt�a"'t�(� �y �. '� _�;�; �,,, �:,�• "'�,` 'r'•�°�� :;� {h� "Fed�ra�. SeGUrities" mean� any bonds Qr other obZigatic�t�s ���.J��'y �,� t' ,:: -= ,; �;�:;�•;.',. ., .': �'x.,�.�:::. �'•��. :�:'����.-. •,�.�'� �r�'4;'ry;�,�.�: r��i"�.�,�:a ..��w'�� r�. ' -:;_:;�'��-Yr�,,: .��.,�,�.,:_;,. - which as to pr�.nca.paY and interest constitute direct obligations ;.;r:�. ���r ,t�' -� rS �,f.r�' � ��'r`.:,+..11. .�` v ro,7: � e� Y ji � ;;y: /��',4 .�7�'�; :� �'e:; '4 ti� i' �,. ,. , ;�F : ..� ., , . o� or are unconditianall a e 'r��.�����'� �. • �'•�y . ,:;:� :r. �'r;���.. � - .<_ ► Y gu =ant ed by, the United S'�at�s o� ,. r � • y�' -�>' •>>;t•�.,;�;�` `7';(�;.ry,�'�j``:.; Am�rica, none o� whioh permit redemption at the npta.on of �he �{y�;�--, ,� �' •�� � � : �� ��-.;. (�, ;�.°x °��_. rt � r. „ � �� "'''-� �°�:�` ��,�:.' ' , . . �.v a the dates on ich a r "�� � �r`�� . $ f' :'" .f�;;;'.:�:�w:;;' wh su h Fed� al .5��� -, `��' ��'' � �y Uriited States of Ame= ica r r� `� ?�r,,.�.�.��,,,�rt..r,..�.•�. - i,.',�... - ; p �-3(f� , ��.;. �, �r,`.� � � � , . , �� ti: �•- , . � .� �:.: ' , i»�, i� r.�:_'' .d+ �u C.`lli t S f:' }��. �'��t,Y,:,�„`=;sT>'ie-�e ���=i.,�.=..,� = e i. i� shall be applied pursuant to �his Agreemen�. -��;;'������+y`,{� g�}�4 �� r������E�.i . °.'.Fr.:}+ '�T!V� j•._ `.rF. . I.' .� �% �f�i i'r��)�.S� '°,�} �5 t•',� ?:�) '�; � rYS��,Yjj � '�.'I.�Fi.s'7� • ,�r• . R;��iv"`{. L i��:i:sy � ts3�� 1...i^L���4'rr •{ � ` , •' ~'I d.'�'l � '"W4. 4�'�, ' 'r�L1'^�4� �"'� � i�'f/� ,' j" � , r. � .. L .:��.il , :y . � . .F!;:.1'.��I �;'?'� �,..c ,� .�� �. �a-: ,i..::� ;;,,,r. t ii{.�=�;z.c�e'r.1:; �-i '..�. ���.;. . .a, j. '.f� ' Z.?:•. :5;�`:� t. ,__-j ,�r�;z,.r:� r, (Su''�';.'':�:'.":�. �� � � � � ���l�rS.C��i:'�i a h�'i '�.�_.a�'.�j ".�`Z ^;� �'ry,• � `' � . y'�,���i ;l,r,:i�t�' � :.' �.,7n.':�� � i � =�•'.�rr i"'Y'r.^`i 1G: . � hC�,s,:..s: �:, :�:�,.,•.,.� ,�.::s�y4=�� ��`•i�, a{; :=r�I�'3�ft�' ;�3:''';�� 4� '.,.y' 'e.'^-. t.°ya �; ;� � , �?' =i•:r�,. '"�, �, ,,.'. .`.i�r:'ti. .. � F'i:�=..•�,.�.'r°i�'_• _�L' �:': '%: rr._�}:.,�.,, � .is:;. : .� ..:�. r,�Fy.',,� .r,+;�:� yY�i:I, 5 ��f1��Y:�..�ry �sY�� .l '�t:-!'la i :{,��� i ,��� . �',:�1.. �j f: � ii;:l �uw � �� . n'[i1. i+��Ri:':,�t>�'�s:�%,'-j�fF��"�;����'��.v�.. ��" .. _ ,,S`. ..; : ou ,y ; 3:-9 :.� �;..j.;�s;�¢ Z:;,i; ����i,r � ��('a�'r�;t'{1,Y'� �':� .;�,�,, ..`y `is: ^' �..}y-..: - �i.Y%'_!7:il.j:.'.S T�lk.�'�'il:�`�wsi�s:>.._�� � S.y'`.��.._� (i) "zssuer" msans the City o�' Cl�arwater, Flarida, and its successors and assigns. (j) "ord�.nance" means the ord�.nance ada�ted by the governin� bady of �he Issu�r on , 199�, as amended and supple- mented from tim� to t m�, authorizing issuance o� �he Bonds. (ky "Redemption Resolut�.on" means a resolutian adopted by the gavern�.ng body oE the Issuer which provides far redemption of certain of �h� Refunded Bonds an �he Call Date, irrevocably instruc�s �he E�crow Halder to qive r�otice of s�ch redemgti.an, ar�d directs �:he paying agents �ox the Refundr�d Bonds to pa�r the Re�und�d Bands and �he in�erest theraan upon surrerider thereof at maturity or on �heiL Cal�. Date whichevez� is eariier. (Ij "Refunded Bonds" means the remaining bonds outstanding of the Czty of Glea�saater, Florida, Gas 5ystem Revenue Hor�ds; Serzes 1983. (m) "Tata]. oebt Service" means �he sum of the principal and interesf-. remaining unpaid with respect to the Reiunded 8onds in accordance with Schedule A attached h�reto. SECTION 2. Deposi.t of Funds. The xssuer hereby deposits $ with �he Esarow Halc3er ior depasit into �he Esazow Accaunt n a.mmediately avai�,able funds, whicn ��xnds the Esczow Holdez acknowledges receipt af, to be held in irrevacable escrow by the Escrow Holder sepaxate and apart from ather �unds o� the F . .. . . . . , .. _ .. .,. �: :-��,,,�� � .� .t •t ,+ i � '>. i .' .� � x.�.�Fe:r.�i��34.���+� . .� ".,�i..e��:�.e x-r.. � . .... , : ' . � � ; ..�.i. � .. .�... ir `� �.<��+,..�,. ..�-r•� . ,.:G��.. Ms�.�.x� ..�"tn.4z3�7f ` � 't, `�:�'r`^'�°� C• ' .. ts f•"Y�° .� � � . . . a . . °�1� 'l' '�.' .f..:� x =��.y�. �,,.. . ' �F. �L ,'i'' � . +`'� .. . . , ` � � ;l�i'. �+ � p �'�� � ' i . . . �� ' � �� :� ,{ 'i�. ; r >'�i . . .ti �}4;1 �,rt'•�r�.,v'' , . , � ' : � , y ,1�•.'.°r.! 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' �.'+�'j .:�. ��x2,���I 'i�;��5 ��;!� � r.�.i piS.���� . . � . . , . . ' � . . � ...� Y ipi`!�'i,:�'pt;�3.�;7.`i� �`C;'~�'4 � a:M� , . � , . , { '� ,14t'�.i.��" ? ' •'l 'a ' .i..:r' '�t .. . �� � . , • � � . -� • � , � .}�'�� �.df`ti .ry,f;� s�t£.i,'yit rl�'���,�� 'i �€'7.-a�';. i,. `'}' . • , . < � � . �� . . • , � .[,,�.�n.'' ('tsk%"., =�•;�':i'�� ,y,' " . , . ,�4 Si:;ii� �1�s.,`.:xt.�b ,S . ,i.' , . , , s xp.'n;j�.(F�:.,'ii�f #���SN'x�i( s • (..3 . .I�` � . ' ' : � . ' � � '.'I,i?s�'. •. `• it. �`f�',!•� . !. � � - , � � . t .i.'... �.�s;j�'Yji°fl��"�y. • . , � •i . . � , - •�s.•: i`r'a}1.�,•�'���'',1�}''. 1f,`,'.• '�' , N . ' . . , ��:1�'•�i ��`ei;�Y �•i:'��'�,'��f. ' .� , . 1 ' . {� l..diiw.i.�.J i," .t�➢�,��•rt . j / ' , . . . . . , . ,:i i� ' �;'�,�i � qy • �t ' � - � , � � ' � . : � V j ��{�,. i.'-�: ? j � ; . i'1�'s . s , . � ,' - � , , � , , ��J,isa ',i ' • ' . � ' • 'a • � � 't'4':r: •.�i.'��'� � �; " `' , ' '.f:,� r.�},,�„ ,'r:� 'L.:y�,'i';. �� _ -r . � ' i. � � , , . . •j`,.��";y^�.�.r� ; ' ,� . . _ � � �1 • . t � �ei, `s � , j y ri, �ti ---- Tc�....,....«..-r..... .. . , ' . . ' • • +n, j,E! r'.'' , i` . , . �� . 3 ''���' r�� �^S�� ^.����•1'•�'., � I1 �' ;1'S,.�.�rr. �, �"�� .t�.r .' ���;�� . � .:��• ! �.;i���. �,i''��:��� `'� ,I t�f: :s, :�.,< '�` :.; r'.: ;,:;. ...;::.��:�{:, ':i,�s: ..:� ; � ��J'''�" :4=' - � �`?'�:'4�;.�'`� � ' Escrow Ho].der �nd applied salely as pzovi,ded i.n �h3.s Agreement ;��°;�,�;,�� `�,�;��`. �:#.,r� :,;.;: ..:,` $ of such fund�s are being der�.vQd �rcm proaeads o� "``;'�"'� ��'���'"�'�r` °' �'' the Bo�ds. of such Punds are be�.ng derived •y�`�,''"�'���[r�ti';����. `,_,�, ' �ram 1.eqally avaiiabl� funds of �l�e Issuer. The �ssu�r repr�sents �.�i,.�.;�k'�ti�����;�'`?�rf.�'.'w �`�,�,.:��: �.:= that such Eunds are derived from the net proceeds of the Bonds and °=s��°7;.,,��w�'�:�'F::�,';�;��,.: •�'.' other law�ui,ay available funds af the Issuar and ar� at least �qual `�'���,;��:4�;;;%;.`�;�;'�u�� ;';;l`s,V:, ,,� ta the Escrow Raquirement as of the date of such daposit. y�. �.��Yi.�:.��:iY..��.�•.::, .y ..:�' ��' �'�'i�;`��`�_�:':���`��'���r�r`•'' �;�``�"µ�°``�`� SECTION 3. Us,g 2�r�d Ynve�tment af Funds. The Escrow Hold�r 1 �::t,s�:'�'.F.��F,.;,';;;>�;•;;;ie'; ';�:`,s;: k 1 d�s �ecei t of the aum desar�.}aed 3.n S�ation 2 and a rees • � a ac now e g p � g . �`�� (a) to hold the �unds and inveEtmen�s purahased pursuant ta '`� this Agre�ment in irx�e�voaab�,e escrow during the tarm ai this Agree-- �3;�� ment for tha sal� benefi� o� the hoZders of the Re�unded Bonds; ;� (b) �o �mmediately invest $ of such funds ,`.� derived fram the proceeds o� the Bands in �he Federal. Seaurities set fnrth an Sahedul.e B�ttached here�o and ta hold such seaurities �y and $ af such �unds i.n cash in accordance w�.th the �arms ,'� ot this Agre�m�nt; ;��'��t�� r�" (c) in the event the securities described on Schedula B r..•���..�., �:��,'�y„�;=w canris�� be purchased, substitute seauri.'.:�es may be purchased with °''L'�ic�.:�• the cnnsent of the Issuer i�ut anly upon receipt o� veri�,icati,on .iz ti., .. :�;�:�;� t:�;� from an i��dependent certi.fa.ed pub],ic accountant �hat �he cash and �:���;��?; securities deposi.ted will not be �ess than the Esczaw Requixemen�; „. ;i�u,;;:�:f and (d) there wa.].1 be no investment ot tunds except as se� torth in this Sectian 3. SECTTON 4. Payment of Bonds and Exnenses. (a) Re undec� Bonds. On the dates and in the amounts set forth on Schedule A, the �scrow Holder shall. �ransfer to , the Paying Agent for the R�funded Bonds (the "Paying Agent"), in immediately available �unds, a sum sufFicient to pay that portion of the Annual Deb� Service Par �he Refunded Bonds coming due an such dates, as shown on Schedul.e A. (b) �uruJ�us: A�ter making the payments fram the Escrow Account described in 8uhs�ct�,on 4(a) abo�e, the Escraw Hoider shaJ.l retain in the Esaraw Account any remaini.ng cash in the Escrcw Account in excess ot the Escrow Requirement until the terma.nation o� this Aqreement, and sha�,1, trien pay any remaining funds to the Issuer for deposi.t to the Si.nki.ng Fund czeated in the �rdinanca. (c) Priar�.tv of Payments. The holdexs o� the Refundad Bands sha1.1, have an express first lien an the �unds and Federal Secuz�.ties in the Escrow Account until such tunds and Federal Secu��.ties are us�d and appl�ed as prQVided i.n this Agreement. , � � ��. . , . � . ., . . 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''r.1 ,:r.> ..f',,f..ti `�!i'�;..c "�v �� r':'��"'t� , . ",. 't' s� '�';•i!' .r :� ,4 � 4� , 1� �'A'�"': , i .� .�, .� •�j . 6".. .. _ 1 '�'' r 21 . ^t �, c^ ^�R .��.•. � .1 ♦ iL i�5i . . . . �i}1 '}' /.� ,.�1. �c] � 1 ' �, . . ��y� i,�:.. �.1. 'fYc[ . 4' 1 1 • ' �� ,1��. ,1� . ��'f�• ii.�'1'� '•,�.;�.. ���t#..Sr�y�it��� . _ i • . r ��: . , � L , �d'.�.E5 s � a�' .4�', i{. �6 . yeT / � �_ �-• E.: ' 3 • ' � ' �'i'; r.�. � �i:�`�•� �=.),;_ i� ��i w�-s�,, ��. 4��,, . . . , � ^� ,.i '.��•t� � � ,� c9 � � '�� .. . i . . ' ' y � r-: , �•. , y�� S,�t1 ••� j , ;6Sc •. ��� ,• .L�.�.;.,<•':; .� ' . • � • ••r'�• . . •.� ' "'k!,'i: r��'1�!N'r'�r . . . `�f.a` Si� 4 � : � ' � , . . � � � . � r , . :L'A .a'`I,�'.,'y:,Y . i . , . . . , . 1 . � j., . , , .;,'; .�'' 1 ' " . ' � : � � ., �l�;:c�.kaxa-.�w�,�,,:.:..�:�....,...._ .... ... . ... . .....�r .. � . .., ........_ , . ., ..... _ .. ., . .. . ..� � i • � � , s,, � . �. ��:i,:; ,. , , . . `;. .Y� „ ' �'' . : F .', � , �� . � J ;`�'.... . . . . � �. . � . . . • Y, • . I�� ', ' : ' . • ` ..... . > _ . � . . ....... ._..�.,..,�....��.� , • . � � < •4 •3 f',•, �d :�,.����:�: ::-,: _ . �: _ -} ; . s: �..t�,,... .,.... i . :L:A•.L��.n' �: :.��`:: �:���5"�::., ;.�,�, ':s:. i' .�i3F��{'�:n:':�';'�t��s'�s:�+�i .. � �'S�';��.Z'�'" r9`:���3ei , � � � • �:;r'�': tir ;i, e . . . y ,�I;r;.: s �.11�,;. SEC�.'IAN 5. .(}� p p i�:;.;;.;.ti=�� ,,,�,...t,�i,�,.;•:�;rp. '� �����. ' f. �= ve a xce t as rovided in Seation � �, i�`�k,. f•s''r5f„ �:1'� �` lf•;; �,� : � 3 and in this Section, the Escx�ow Hol.der shall have no power or .,��;+����-;}�;������,��f��x'�'. ' ���'h � ��.�, ���, duty to invest any funds hel.d under �his Agreement or ta sel1, �`''f``�����'4.�r`��,'�=�f•:,�;. `�`ip ..,. � � ;•At�..,��• � �. . �.�t�.f::;l�'Slr�it','.,�ffs� �}.. � �•� ���� � � � ��1� � � �� � � ' �xans�er or otherwise dispase vf or make substitutivns of the - ' :,�, ��.�'� �� E ., �,' � Federa]. Securities held hereunder. �,'IF`±� r'i `'�� �� ,��sr'` _1;�� .'��'. (b) At the written request of the Issugx and vpon compliance , �;< . . • ',.li� ;�:; 'r;, ;; ::.��; .;; ,'<<`:;,; ��;: ��,r.. ,., : , ,:,.,..J;. .;..� wi�h the cnnda.tions �iereinaftar stated, the Escraw Hold�r shall ,,: �"4 ,s,=s,`:,..:'., ,• = .• .� ��-.. ': `,- �°. se�l, �ransfer or otherwi.se dispose oE any cf the Federal -'S+�"t'���-:� � :� �' Securities acqui.a�ed h�reunder and sha11 substitute other Federal ``�"'�� �� :� �'��� • �� � Securities. The Issuez wi1.� not �equest the Escrow Holder to '.,r.,.,.`: �:,�:,�, .' .; � ,.,:. .��: .� .�.,. :•'::.:.�� : ���-;.:: {..,,�,v,�,:��'�°� �:+F:s;;.�',';;;, :i�;. :�• -. � exercise any af the powezs described in �he preceding sentence in ;. y , �.'1i!�.' .. J': i ' S � � � . �:��::itiy?.;r�>4,��,,";�,,. s.'�'. :��°�;, ::`;�� -;` ,>, any manner which, will cause in��rest on th� Honds to be included �� '�'�'" `� in the grass inaome af the hal.ders thereo� far purposes of Federal �!.''.: ��'� ;Y'�.�,�°� �`,+, income taxation. The �ransactians may be ���ected only if (i) an c,.; �. > y . ;,:�� �;.;.� :;������:;'"`"�' .�:��'�'_ � independent cer�ified public accountant selected by �he Issuer -�_°"` ::�=.°'�7<`�` `° �'�� �' ' shail certify ar opine in wr�.�ing �o the 2ssuer and the E�c�cow �4"N���"` �'� 'G+�'` ��J� Holder �hat the aash and principal m unt f Fed �. , : ;�;;;. �,�;` °-;< a o o era1. securit es ; .. ,:;; ,. �, , �;�-, ,. ��•�:..���-��:�:�'`'� �_-:.•`:�� ;���:.�.;,,;,=.��, remaining on hand after the transactzons are completed wil� be no� �` ��� �'"�''1� f�`'��' ;�� �'� less than the Esc�ow Requirement, and (ii) the Escrow HoZder shall i:�'YFl .IJ� •' �!" . 'J .�.'.�,.h:,� �..� ��' �`'����`:�°`'l� �'�"��'°���'�`'�'��'�'� ��� �-� �'� receive an opi,nion from a na�ionaZly recognized bond cauns�l ,.�: i :.';:.,,. 7i ��" `��'��y' °' �' "�'i� �" ���� acceptable to the Issuer to the effect that the transac�ions in � = ,��G,: .:�.5;',s'r;�.:�� . .°<<';;, , 4'�.'�`'.�;`'�ti �',`• r�;:� �'- �"�,::��," and by themselves wi11 nat cause interast an such B�nds t� be N��`;�;�•`��:i���-�':_�'-�,�:'�f'�,�"°'�,���t�'' inc3uded in the grnss income of the ilolders thereof for pu�poses �;i;: ^'r:;^;•_�'', _r:c'. ." : i1��: '::. "�� . :�* �.=�:; '..F'; ,�:��::: � of Federal income taxatian. �;�` � i;� `.�;�;;,�_�`,�',, ,•,y's,�x,: #'r;' ,.�': 1'R� ' ��•'���^i•��: �%'::�� j`L -�<� ��;= °��`. }"='';�'�"�:• w-:�'e� SECTrON 6. No Re_ demption or Accelerat' on af M��uritv. Except � '.,4 1Y' . , � :� '�''�'"``��'''°`���'�����'"°'�`''°���-�"'�� as set forth a.n the Redemption Reso�ution, the Issuer will not y�,1:p'ell�f �'t: ��si' �iti'it (,•.*�,;:1- �'..' 1•. ;�i,i:,:�.s,;,t,l;;,.�'i.T�'�:,�,,;.' .',-,_:.. -. ,.°� ; accel�ra•te tk�e maturity of , or exerci.se any option to r�deam before �;;,::.:�>�:�:;'-=:i�:,�,�;,��:;' ;.`�s.��r,;��:�i��, maturity any Refunded Bonds. •�'�',:•:�•;.i'.?�t'i',"s.+�i;� ,;�`��,t:i;';i;75":: ; i�.k�:�:Y, � ��;:��'! .,��•�1!'-':':''„ ?� s�..k.,; �,;�,;lti�,= .� ;. �`� SECTION 7. ResponsibiZities c� Escrow f�c�i e�. The Esc�ow �'`-'�;��,'�;�G�`''��` `�''''�':�'>r�'j-�~��.����' Holder and its r�spective successars assigns agen�s and servants �.�,::.•,:; ..;t.�::°��;•�r",':s's'�'� : : ;s��;,',:"� .� , i , ,�;�._:;,:;,.�w;�.<�;�{�;,��-,#'��',::-;.�� t�•';. :,.�:.- shall no� be held ta any per5onal liability whatSOevcr, i.n tart, _�: �'r�',�j 'I '?;��;s?, a j L``',]�'!'�� �.r-�} �;. ,...; i. COI1�X21Ct � 4i otherwise, �.TL COtiTleCt].dri with t�lf�+ executian �lllC� ,• - • , � � i =�S" �s a !< �y;.� ti Y' ;; ���y�'�"„ ,";:,r,sr�''r�;l ,,�. :?� ;, delivery of this Agreement, the establishment of �he Esc�Caw �:;�f1.ti,'<'-� .;�'"fis;:ti.y;:,.t3�;�'.�;� - :,t ., �E, ;,� Account, the acceptance of the funds deposi.ted the�ein, the :�' purchase o� the Federal Secu�ities, the retention cf the Federal ,;� Securita.es or the proceeds �hereof ar for any payment, transfer o� 4'�� othe� app].ication of moneys or securitiQS by the �scrow Halder in ��: accardance with the provi.sians c� this Agreement or by reason af r�i. any nan-negligent ar non-wil].ful ac�, omission or er��r of �he ��: Escrow Holder made in good faith in the conduct of its du�ies. Txie '�;;7 Escrow Holder shall,� hOWevex'� be responsib3� For its n�gligent or �;�f wil�.ful faiiure to comply with its duties required hereunder, and ,j;� fts negligent or willful acts, omissi.ons or erzors hereunder. The ;��;� duties ar�d obligatians of �he Escrow Holder may be d�termined by �a- the express p.rovisions of this Agreement. The Escrow Holder may W� consu�t with counsel, who may or may not be counsel to the Issuer, "� and in rel.iance upon the opinion af such caunsel shall have �ul]. �� . '"� and comp�et� authorization and protect�,on in respect n� any ac�ion �"3 taken, suffered ar omitted by it in good faith in accordance ��. 4 �'i'`i �F.st.{ � .... �I . �� . . . �..- ��� ._ -.. �..-.-..+.+� • . _-' ... .-.--� . = I ��1 f'1�`!. � ' - - � � - �+: h'� :r:: i: :, .: � �� : � i .� =+.e� ��. ` t F , . - .r . , °�. �>r•-�.a.^,a,;a;.�!r�fr;�<-n ,s�4.n-0 �,7: ,.:l...�,., �«;'; x. , -r' , . �r .. . .. . . .. . � . .. . . . . . ., .. .., . � . ' ` ' t. ' .�•ti . , . , , }:... �i•i ' : 1�r t:�'t ����r{� �ryy`� � 5'. 5' '� , r . . ' •: ;..�j 1."'.f�,��rt3l� � y-. t.��,�y�,qs..�"le'.{�.`+3F fti :!i:��� ' F Y c �.f [i.: �le,. .i '' ♦ ; �i r� • . ' . 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' .. , , . . , "�>'r . �'s, r.4: � {.�� ,,� � '.�:o,�" i�< y��4c.�,4jc[�:.•y�.: -�H;r; �.y;° � � r , . . . . • . r ..�• 'f � '.:':y X'.t .; s 'd "!M�` �..'r� 7.-!c� ,t . � t . � . . � . �'� i�,>'}.' ('"% ��5� ,,.Y '�:� Fi�' i���! �r` }. .,`y''. .t . : � . , '.r, , . ""' ,.'4' ����}�YsS�i:`-i,r � 5�'' €}�iY_; �,`i?! ��•�T{i..i �#'L�� ,� +�� '��'" ' °f ., , . . . .. � . 1' ' . . ' ' . . � : ., . . !i'�'•'Y •u:G'•' • ,� ;.i.`5"t i�7.,p � w .4,y?.,.vi�v� �,�i `'^. .'.�L � �' . , f , .. . '�':',:i: `7"���?��t�.. ! ',(�i ��5, Kj7`5'i/.�1 .3.r#:3i•'�� -5i. .. '��'' . . . -ye ' , . ' r . , . . .f.�� 5�� �Y./': ���'.'j ( ��E�t s1'� �t ` � f'�I li�' ���c 'j � ,� K `. � . . . , . �•3.'% �� fi,"' !,� r .t (. ..}iy�,L�•:'f.� � �[� r•� '4 , �F..ios ' ? , , , , � i�t �.�.. ;�'�� ��'�''' e.f .l;3�ejS�;=1-�ry 1��LA' %..��j {.:�'l`�";�,r'�ti.'.j !. �' ` . . '. , ' : �. • . , � . . , ; �'', �'i°� .'F '� , ��"i ;�}4t3� �'`• � 6UL��i.� , . . � . ' . ' � ' ' � . . . . . ' � • . , � . • �r" = , ,r�. , � .l.�J: n`' ;'.j�= �., e � .. - . . , i, . . � , � ,^�tiJ;���.rii�y ,�{ �:��y: il'S�Z,'� ` .:i . . . � � i _ ' . ` . � ' . . , � ' . � ' . r ,� { i' .1. � . . � . . . . . S `s � Fi`�:>4q ��f'.'i �k�:i z;.i ���'!f' '��, ;� . , � . . � .. ' , � . ' • � . � ' �� . , i5':_1..`�'��.rf��6���.t•'-`.}f'? ,1`!� � . .. ' � ' . . . . �t�i'1�J`'is�''s���7..�}�' . , . , .. � i . � , ' . � , � 's. ,1..ia�, .�j� ,� . �`' , .�.'::' -a �i �'• . � . ' � . , ' , ' x,' t;. y'`, ' .1�t , t 1 . " . ' . `�.','ti.'p'J ,'ti�`... :�'li ; ` . ' . . . �i 'l �s''.tl . . . . ,ri. � . . ' . � � ' A . ' .� . l' ' `,' •i� ' ' r . ' . ' . i ' . . � . ',iq• ° ,+�, , � ..' ' �.. . � � . . . { `� . R . � ' � i , � � *1f '��APLt �3,I � • ' . � .. , • ..`� � ,�' 'i, r- . . . ' � ' '•�•'xf,• -',, !��.•�• ` • `3 .3r4t� , ��� .J,� �. ` '�• . ,���.if' �: ., : •: r � F.: � � 1.." �.Ia•M.. t_.'�Ix"@'::: .� ., { ' .t:'_• i: 'i.:.�'�+. .1�. �.4; v .t..._�.� � �.,• • � !'� , �� •�.: therawith. whenever the Escrow Holder shall deem it necessa�y or �. ����'�'Y�������'�`�' ����° ���' � des�rable that a matter ba prov�d ar established prior t� taking, �; ,E.,. . . Y"�.%n'�.}.Vt.; .•.fi• : �'..' .. . ,'=:,�����;�.;;:;,_.: ;, �� su£�exing or omi�ting any action under th�.s Agreflment, such matter '� `,;j;��;+„..,�:.:.�..,'::�I� .'�,�� � may ba daemed ta be co�cl.usively estahl.ished by a cextificate �i '�`:=' -����,�' �` � signed hy an authariz�d offi.c�r o� the Issuez. ;�� �t:. :,E � ��'' � s, �:'`'��;r:' ��f;;, -'� ,,. SECTIdN 8. Resianatian of Escrow Halder. The Escrow HoJ.der ��; ,. :x;�,�� "''s ,�;� . ' may resign and thereby beco�ue discharqed from the dezties and abli- � '' �$:��"��`��'>'���°��"����:�'" �.���" ga�ions hereby created, by notxce in writir�g given to the Is�uer, s ���s:; �s:`,u`'�����; .:f����; ���;�:}; ' e e v n a at n e t r the e�unded �;,:1���.. ::, ,.; `:�`r°.�;-� .:-„ ���� any rating aq ncy th n pro �.di g r ing o � he R '; �:°� �'����`;�':i'`. �`#:,.� �`� '� `.• Bonds or the Bonds, ar�d the Pay�.ng Ag�n� fcr �h� RePunded aonds not -- ;� ;�+e s.,!i :a +�.; 'r t. . r �. :-,, i� �� '�'��;:��•��,���.`���'��r; '�.�: less ti�an sixty (60) days bPfcre such resi.gnat�.on sha1Z �ake f� � : v .!=,�,1 .1 ., ti . •`,' ',��;;f'�;t��,�``��.i:''"`.�. ;{''�`�i e��ec�. Such resignation sha21 not taKe effect unti�, the � :`'�--.;:°�f�,��; '� d::•�. ��f" -;. appoin�ment of a new Escrow Ho;Lder hereunder. ! _+;',�1''''•�s''' � ;fij�% '�;°'' '� t � ;. i�� : ;�.';. r�•� :';�'�F��� �;��-`` �'� SECT�ON 9. RemcvaZ of E��raw Ha3.der S, �':s'=•�•���-� :'ld �� "�r i;?.tia • r �' ��'�7' ;}�'� �h�::�" ':"y� ��'� ° ( a) The Escrew Ho].der may be removed at any t ime by an M, •`.;-r'�;;:�;<'r ��,� ;��•�'�=��<�>>:��`,�;`�;;;:,I';'�;�;�.��j instrument or concuzrent �nst�u�en�s in wri'ting, axecuted vy the ��� �' �� �'�� ' � � �' � ` hold�rs of not ? ess �han fi�ty-one percentum { 51$ ) i.n aggr�gate � :,, .�:. � �� •' J �, ,. . :i, :• `,�.;;;;�� l�i. ,'�; �';��," ; �"� , - t•�r: .;;}���,;'�,;'-�`` principal amount n�C the Refunded Bonds then outstanding, such �.,.:•� _�•.�,. .:�f:��-�,-',�:'•:;�,'�`':�s'�:'�:q:#:;'t�`��.`. instrumen�s to be filed w�th the Issuer, and notxce in writing °- :v:;-..�.r:-=. y:7�; •_"�f :;'�;.t.•-.: ; `�'� �• °�- �: �<� • �:� .� -.,��., given by such haYders ta th� ariginal. purchaser or purchasers ot • r�' .:��'°°zt.. ..... �'�; f'�'-`' ,°_. �.` • �h B d d ubl ' sh d b th Issuer a ce ' n a news a er o� ' ie' V s��' i'S 1�'• i,i' 'X , ss'L. i1:�4y �:'� �;�:: s �' . ,,� �,:�l, ,4., Y "�a;�� z:;+r`,�:.`' i: ','r ";i ' I �'r,' -: i., t�, � °`,{ ' �•i`, k=:.�JY4';' o ,,..t;` .+�Y��i�i� �.,�A,.��';� �s �, :.r; � ..r� ,:"�..i.�.�; _'Ss __, ;5��: �. }�.� �. t� f-• r� } :.=� •. R^�ff �' .�.. ;'5;4,' '.r:,�'s e an s an p �, e y � n i p p genera], ca.rcu�atian in the territarial limits d� the Issuer, and in a dail,y newspaper or financial �ournal oi general circula�ion in �h� Ci.ty Q�' New York, New York, nnt less than �ixty { 60 ) day� befare such r�moval is �o take efisct as sta�ed in �aid inst�ument or instruments. A photographic capy ot any instrument tiled r�rith the Issuex und�r the psovisions of this paragraph shal� be delivered }ay the �ssuer to �he Escrow Holder. (b) The Escrow Hoid�er may also be remaved at any �ime ��� any breach of trust or Far actinq or proceeding in vio�atian of, or for fai3.ing to act or prnceed in accardance with, any provisions of this Agreement wi�h xespect to �he duties and abligations of the �scrow HoZdex by any court af compet�nt jurisdiation upon the application of �he xssuer o� the ho�de�s a� not less than five percen�t�m (5�) in aggreqat� prinoipal amount of the Bands then out- standing, or the ho].ders o� not less than �ive percentum (5�} in aggxega�e principa�. amount of the Re�unded Bands �hen outstanding. (cj Th� Escraw Holder may not b� r�moved until a succssscr Esc�ow Ho�der has he�n appointed in the manner set f�rth herein. SECTION 10. S�{cce ,ssor £�c�ow No�de�. {a) Tf at any �ime hereafter the Escrow H�ldex shal.i �esign� be removed, b� ciisso].ved or athexwise become incapabZe of acting, ar sha1� be tak�n over bX any governm�ntal a��icial, agency, department ar board, the po�iti.an oi �scraw Holder shall thereupon heaome vacant. If the pos�,tian of EsGrow Hoider shall. iaecome � �.5- '�i. �v��,;:��'�'�i,,� �,;,,. � .,•:.s. �'^±'�;�' :�;•, � ,�w•�.'�';:'';+�� �.,;�=�.`r ��';:;''C.: ;i.� ;`::y.. � +. ��k ` '� - � �� �������f'��t���y '.�"��,��� , i ! ,;, � , �=�°a�, t �'.�:: " ' .,r�:e;.',,. !.�i,�.'��', �a;�'"�,� �" r,�ii�:., �� M w�C�l i �.s> �>7' ��i �y `:S�`, rA � .1 1; i� j.�Fl�� . Y� � � � � {�' �w .� \ ' ' ' ' ! �' �'% �� � 4�' � • ��, � `l..f"� s . • � .� � 1� ��� . ��' �'� ,1• ., �,����T��'�`�` .. . . �,1; `.�y« . ' • r;" , • � ����� 'y �. � ' . . . �,•��,'' R � y ' �' � , �,.n. t. . . ,.�'� , ... , ' • I'�. 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'F'w��1,�iC.,: �. ri r�P ,rj 4�.,M -.:i ?.'.tiI' .,., : , i . .. .� . G 4 � t.+'��'}i�`?. �4��'�"{. ;�n .,.� .. . . ir.i.�i•�.r'y-�• .l•f�,�4`i� �,�, ` "�' '�"'�.'�. � ' vacant for any nF the faregoing reaaons or £ar any other a�eason: ;r� -> �,: 5��:��;, �� 5 � I�?:',•. ;;- �P i•�� .• �' the Issuer sha�,� appo,int an Esarow Holder to filZ such vacancy. �y:'•�''':�, �:r,.��'•�f,� �:�': +�`�i: �V � �. }, ,,. � :�+,�z. �• -� . � � �F! f , �� ��.t��f� 'r' .. . 1".'��.•���. �J.ti,S`�T�,�, k • `"�.-,.;:r,;�;`�' ''�`�`,� , �. The Issuar shal], ei�hez (i} publish notice of any such appointment ,,,��;:•;�,:�;�,;:,��,. �», �"r: �h��.'r ��yi' � I,i' .. . ''r:'��.yy j+71�i'Z'��,�1N� ��.� 1 -=;•;.F�;.:�'r:s:.�,l..',�, :�. �� made by it onc� in each week for �our (4) successive weeks in a ,,,��,y;�z�� .,s��, �� # �;t;�.s ::--,.T-.��. �„_ >.:.�.:�.��•,� '� ��,{;' "'� �.`F• �: newspaper of ger�eral c�.rcuZa�ion publi�hed in the territorial "�f�'�s:����;��'�' " • � -3�i._�r'� i 1'. � 14�� . �.` 4 1 �ti 4i� ; . ''=��` ��"�`�`��: ' �� limits of the Issuer and in a dai].y newspaper or tinancial jaurnal y��"''�fiG:f��f �� ',,' °�s��''� ,.,; °; �,'�;`r -.�..' ``' � j� o� generai circulat�.on in the City o� New York, New York, or ( �.i) •�xSas^�;�'r�� -� �� `, � ± �':,'.F�'=•;..' �{;,.; ;r s; �'° ����•�'��- � • mail a notice of any suc}� appo�.nt��nt made by it to �he Holde�rs o€ ;�j=a;�'��-=�„r , �� r �� �.: �t��`'y°'.��' �;s':°.;�� '•<-�''`� �he Re�unded Bands witnin thirt (30j da s atter such a ointment. `�:��``�"'w�� � ,�' � _. �x:,ti},; � ;_:;�� :,_: :, ;I.,7.' Y Y PP r�.;Yr.���� ;y':. .i. 'i{:.i" ` � ,. . �� �'i.Y�i�4t=,� '�SS ; - '�':�•' �. 1 :���.�y^<;:y�7.:- ,.• i � ' z.'. ti'�i�y'�y �.` M5 ' � �" �. :°.� �.'�=' ,};�'�=.x :ii:;°� (h) At any time'within one year after such vacancy shall have �������r�� � �^,:� :��>{�: , -•,��-;;w :.<.� ' . � •`. ry � � �, .�:... �� tr;�-��. �,,;�,.;,°,``�,� �;-�.,�;'-. �:..�.�` pCCLl�'x'�{� i�he ha3.ders of a ma�arity i:n principal amounti of the ',;.t..;�•��,; � �:r '� � � ���r'... � � .�S'�/'e'F r 'x ` r •4:'��'�i. Z.T.wi�:. �:�'•.�_:,''•• t+ �•. � ��'�5:�� � �� r ' `�''�� ""���� '� '�` "'� �`� Bonds then outstand�rig or a majority in pra.ncipa]. �maunt of tha � ���.����, ; �� ir �r.r,,...�•�,.�._ . ..4�,,_--.4;�;f.ri;� ,� ii"�1` •;C\SrRF�:"":�i�'' :I:i'':i-J�.� ' ��'�'','�''�,�s,�e�� �'��� x.,� :.��.�' =,,{ f:, `��;.�'"� �..:;':f;'s;;,:��.�`� R�funded Harids then au�starsding, by an instrument or cencurrent ,;,�:�,., +,, i '.; -;'-; �'r";:��+;�:��,`� ` . .,- y;•; :;:r't' '� �:t�,�• ,. �;� � ,.�:-;:�.,.. �;. �'.;��.�,. ., -.,f'�" .'��: ins�ruments ir� writing, executed by either group af such band- ' i;�;-�t ,. �i.:Y''�i��'`�7.�- '.�:�:'"•�; � t'�%.=i,��.+f.': "� ��' s 7' :14` �',::;ti;r.�;;=w��:".t¢��;:,: �, '; ::.,,�;���,;.-�..,:� holders and fi.�.ed with �he qoverning body af the IsSUer, may #.-_ .,�, ;, �,.,�; ,,t,� ,,.�'�,:;,;�. :{- �.:+:•:°,;,;1,�;�' aPpoint a successor Escrnw Ho].der, which �hall supersede any Esarow ?� t � J ,�' � � :. � ;�'i: r.:�5'��'�'� � ;,:�F;:," �: .',°j: Holdex� thexetofore appointed by the �sstier. Photogr�phic copies ���� ' r��. : ,;.h;l";;:,��_'�. .� � ,.. F ._; �';: _:, - : :' €° • . � ' -���F �-�='��� �� :�����;}Y' �';e�`������T of each such ins�=umen� s�all be de],ivered prompt�y by the Issuer, �' s�''" i_� �; ,+;�.;r., `: �'� �,; ��:`;��� ;,; �; -_.;; ��`;�,,� ._,� i:o the predeces ar Es r w H 3.der an E Ii z ,�r� y ` , �.. �.: : .,,•; E-,;: �` s e o a d �o the scrow olde sa �' , � �k , : .: ;, : oi :� � ' .. � i�.�' 3. ' �"i �.. ..:`=�.'�'_;�r3�'';h���';��,�r��..-.'::�:�r �PPointed by the bondholders. In the case o� conf�.icting appoi�zt� ��.�; ..� ��, �. ._.�'.. �� ,;: ��_ .,,, :t,,....- �` ��� }r�.!'i;•'S � e�in;,',��.''��'.' µ,�'�; s ��•rr'k �r :yi���:..-, �;; t''" J' %�'� ''`�: �: ..,.w� ..?:'�_ , .;t� :��,. men�s made by �he bondholders under this paragraph� �he firs� ef�ective appo,in�ment made during the one year period shall govern. (c) If na appoin�ment o� a successar Escrow HoZder shall be made pursuant to the foxegoi�g provisions oE this Section, tk�e halder af any RefundEd Bonds then outstandi.ng, or any reti.ring Escrow HoZ�er may apply to any court of competent jurisdicta.on to appoint a successor Esaraw Holder. Such cauxt may �l�ereupon, a���r such notice, iE any, as such caurt may d�em proper and prescribQ, appaint a successor Escraw Halder. SECT�ON 1.1. Pavment to_Escrow Holder. The Escrow Holder hereby acknowledges� tha� i.t has agreed �.o accept coz�pensation under the Agreement in the sum af $ , which the issuer agrees tn pay on the da�e of delivery of the �onds for services to be per�Eormed by the Esc�ow Holder pursuant to this Agreement, plus aut-af-pocket expenses to b� reimbursed at cost izom Zegaliy available funds of the Gity. SECTxON 12. Terrrt. This Agreement shal� commence upon its executaon and delivery and shall terminate when the Rsfunded &�nds have be�n paid and da.scharged in accardance with the proc�edings authorizing the Re�unded Bonds. SECTION �3. �everabi.lity. If any one or mare of the cave- nants or agreements pravided �n this Agreement on tlze part of ths �ss�uar or the Es�row Haldez to he performed shou],d be detarmined by a court af compaten� �urisdiation ta be contra�y �o law, such covenant or agreements h�rein conta�ned sha•11 be null and �raid and shal], i.n no way affect the validity of the remaining provisians of thi.s Agreement. 6 � '� ; '� ..� a. ' .a. li_ � �----��s ,�r;,�.�;•.�:l..�.. , �.r.�,!.:t't'13'+i!HeW;yi�y�'�}F+..� � ,y,a� :u�*::.bkraf.K.�. YIe.v , ..�. . � � . . 3 ;,�� . , � � „ �f:{� . . ,1�*E+�r��t;.', i��y.�° .��t•� ��,. .. . � r . . ... . r b. .'r°%;t. , '��'� ' . � . ,. . � . ' . , . . . . . � ' r.. . ;`'' �•; . , ,.F� . . ,. � • , . �: . ` , ��. . 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'i�. ����y�. i 44[ � . �� j ���,..°S's��:�y res'tiifi��1.5 ' +SS�n 5"1, , �.1: - . ; ��T..���.r.�i�+:�e�1;I•.�;F�±,(: • `�� i I . 'y. s:;e��,e�'�;f`^F,•.,..•'•�� S ` �,� �;:. �'i:�p"',.,s •�r��� ; .`�i� ry%,' : 3� ;l.. � ( „� »l� f'�r.`,°'�M�������a�- -'r'.: '�'�;1• •,1��.`�l •�• S �' • � � L4' � F��• �`J� �T `t� � , r�i���. � � �..:�' 1 i�'�1iJ:e e �� `•:�!{u�+. � �7:.: L.�.,«..,� .. . ,,�!': �ii:= !'rY.��,1�� i�ir�. � f . �� " '. �'L%'j. ' 1"t:�'i:�:''J`rt/ �.. iu�; '' � Y �• j ' �� Jt�ti T��� �r��yyi�.��r: �k °yi4j;>df�•�,:„' '.�..i�i.C..,' '1." . . � :ti'�.f35•�'�'i�(;%���!'��vl E ya f�~t', f� �� f'� F,'�� �� a7 �r1101\ 1.� ,k-rrk`7� y`'� \+���.d s r�:,,f> f� ,,� �, �;: � E . �qen�,�nts__�o this A, reemg�. This Agreament is !���"��;�;,��, ?�,��` yT' 4,,° 1;;;��� �'';.�v".�,` . -; :��, ; mada for �he benegit a� the Issuer and the hc�.dexs frcam time to ��i?�Y'�R� ;��� `�;� �, �,;;�`_�'_�-,��„��;���f', �.�',' ,: -:'�`� time o� the Retunded Hvnds and the Honds and it shall not be �P}�r ��• ���• ` ,Yr��;��,.i � .�:. �� �• ,:. �,€;s! :=•,;t.:5 `-�'� � r�paaled, revoked, a].texed or amended in who3,e or in part without �°�w�ti�'�,' �� �' ��+;';,i;,,��<��::,:r:�;:: �`.�r.:� a��'..+;�'' `.�� the written canserst cf al,l a���C�ed holders, the �sc=aw Holder and ►�'���':� `�' . 5,`:-, *;,Lr:'�'t�':�;;:F,�:i:'��;J:'� '-r. "�`� ';`;,^ � the Issuer; prav�.ded, how�ver, that thc� Issue� and the Escrow =��{����F., � �t �'•';h'�•,f`..'` ;; ;'°�f�.:�.� •`°:': �� Halder ma wi.tho�t the c�nsent of or ot ce '�� �,: �`� ,.�,.:�;f>�a't�;":�:7:,'�i,.:�, �.;�; �.43�,`2�:: '�,t; �� Yr � il � tv� SuCh hold�Y's� :���� a' � �°,. ':r �,����� �._, • • :•;`:� ; ?���,� enter i.nto �uch a reements su lemental to s Q '� + ' ?'°:.,;�:;;.,.j,t;:,ii.;i;'�';� ::..;' �; .,,• , 9 PP thi Agre ment as sha1.? ��ti�� �, "� � i���,� �:_. `;;:r�.-�.� „- r�- �� �`' •� �� � not adversely a�fect the righta ot such holders ar�d as shal�. not "" - ,,. ` .'�'�'��` `f �.i' �" `,i.. '`k' . �;;R , i '.,� � �}i '•r. �' �.,�;;T.�.; ;;:,y:°>.t,.s>' r,;'Y;;�:k' be inconsistent wi.�h •the terms and provasions of this Agzeement, ;�� �'� `s �' ;°� ..�'r�:.�;-�•r'r::;;r°'�' ,''� `.;��_ .r' �'� for any one or more of the �Q1,lowinq purposes; 4;.�`'" :; ';� ., ' r;'•',7".,. ,',',``•:" ' _" ' ,� �;`r : �''-��`;;'E".� ft'= '� l,' �.'.i.i�..}•. ..,.:' ��C� �,.��w;.�5`�`���.�r;w?�•�,k i i'.:,,i.t,:�.�; c.s�' '�5�:, ' . . �;,'si a F t ' • 5 .°.'7 ! :+.. , rr.S:V;..Yyr� i`:',. ' L , Y ; t '� , f ', ;,,?��;Ra��ff;a-'�'�,�,:�: :�",,�'1z.`'t�;':.� ; . c e n ambi it or Parm de t �,�4�?�� �• `r {a} tio ur a Y gu Y al �ec a� cmi.a5ian 3,n �� ��� ,�s r S�;:j S�r��; 'Lr� °�'.+ri t ;if?� • ��s^�:'t�;j���.: �=;,� _. th�s .4�!y}� eement • . '�-3�t�' � � ,�J x ``; d:'.1y�"'.�t}". .+ if.•'_ ,ry•i ���...;. . 7"' / 'L-'� �,•i•' �'.}] !�,°; {;";� .' . "{S�.TSK;H���y:�.F���,� �{�ijr�r.•�!.i.�j.��l�-;1'�� � �;Y � �A;Si� �i.f:" � i�-T l� �J1�M:'�![ifi ei�',. �� � V � i i.�.� ,�• , �� , ,. � . :,.; ,; ,,. ;,•,�. , b to ant to or aon�'er u on t . ��• � •;• ,f. a r°� ��;...,,,��.;,.�•. . . O 5x' ► p , he Escrow Holder, �or the j _�..;:�1� �"=y%;'"�4`;,a"%r7�;z�::�;:_=''�`,.:�:=�� b�ne�it of the ho7.ders of the Bonds ar,d the Refunded Honds an ��� t�` F��� �`� ��+:�s' `�'� `�' a�=}°b���..,���.,`��'� � additia a1. i t uth ri.ty that may ].awfu�.ly � <f'� =.��� �«;�r fi��.!�`,; ,�F.v�. •' `- +�;r a: . n r gh �, remedies, pawers or a o S.. X � � 'Z` �"'.I',,�; y'� . t4: t �,.r ;�;%�,�-�;��:L;��i. �,,,. ��.r�,�.� ;����°:: be anted �o ox conferred u an suc � �"� :��;��ti:�rx L,,,.ti'.,1,���'.S ,:s;�.<<.�`��f �;ri'i�.:" t' � ` ► j3 ► h ho7.d�rs Or' �rl� �'SC�OW w'.��, �. + �' � �� 4 � �•±�.;�, ,�'';::4. :; �t,, re' �� Holder, and �x' a . � �.: ,.�,'�:'_;��',. ". ,� ��^-1'i�,rv;�ta€�,:�:•�.'� ��,�c:.��;4�:, 4�• , �i(,, r..s_t �f4.�i �a� �•?:: `n'ir ::'tini�.._. r°1.:"�' F_. J� �� a:.... � �:.j1= (c} to subject to �hi.s Agreement additional ftinc3s, securities : �;:� cr propertiss. :�:.',: �i���6��� The Escrow HoZder shall, at its ap�ian, be ent�.�Zed tc reZy 4�',�'� exclusivel.y �g�n an op�.nion flf nationa�.ly rec�gni.zed attorneys on �`='•�� the subject oE muniaipal bonds accep�ab1.e ta the Issuer With �, ,: ,� '�:.'�'r � respect to a�mpl�ance with this Sect�,on, i.ncluding the extent, if . _;,, 1's.i�= �' any, �a which any change, mod��icatiar�, addition or eliminatian �'��j�;�'� affects �he rights of the h�lders of the Refunded Bonds or that any ;��':+:?` instrument �xecut�d hereunder comp�ies with the conditions and ;�;�;:,:;, provisior�s o� this Sea�xan. S�CT�ON 15. �Counterbarts. This Agreement may be execn�ed in seve�a�, coun�erparts, alZ or any n� which shall. ba regazded �or all purposes as ane ozig�nal and sha�.l constitute and be but ane and �he same instrument. SECTION 16. G w. 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I�.�, a3�:�t�bT ��1,Iri•�1i,k, `'; `S.r'3�s. •'��,�.���:i'i... �,j ,� {'-'�:y..��1:�? r ��:'{ '. E .� , f�.' - i'f a 1 �4 � �•'� � ,:'��'?�.r'�;'e.�i��f±�:-,��'f'�, , s ;� ::,. tp. :... 3�i', e` .; 4 � i' 1 ,�E. r �y� ` t' 9. ,'�.�'},�ili1;:,� �. � .. �4 �rl�Iv�'�'iy���` �{7;;,�'���.! ' • ' F ,•'.t�Y-!,�.,,'' ',t � . �� `_��, i���t, .� ,. M��.�:�c.. : : � ; �;��;; ; •-T;r� . • :i; .•'' , .,;��.':r.:�'.; .,';•"�-' ; , :i�:4�T�=;,�;�, �r'�'; ��'` `••' '"�e:{=�:��;'�•� ;V;a': ;:',;,... e . "a�±i 'YR:� :;'•> } .� +a.,Y � r... : � ; ; 9 � ti� y .(.�i�. • � '' ,} 'F',}sr "r✓- ,ir �.,1� ��,�'Satf��l��isf;E,;}' �, � ',`y�; f,�r � i'•�.r.��, 'e����.���7��'.���1.f�.K'. i;�1;;',�',:.,!;{,"'� ".,• 'Y ':' .,.a;�.; `t'_.�'.;J. I,'': t �:"r.��r: +'i"l�:; ..!,}�' F�, •'iy.°j��ilr',i.¢ � .E.�'l�kr7��.��'�'�?. '°: = `�' f; s � P �f., � i�i�'r':��,:�. s fi;.`:�:t:rw�-r�`,: �°N"'�, ,l: ; .�. " 7�:s i <• �: ~ : �;�� ��•�r"�. � ��4e?� `ti p�'f5,}': •`"' �S7Y: �. t ' ' �•„x r �:�'k` 1=fJ;j� �e�i j �T�Set�.S,i�'.�' _ � � Statemerat and an �ffiaial S�atemerst in connection with �he issuanae af tha Seri�s z991 Bonds �and to take ce�rtain other ac��.on5 in c4nnea�ion with the i�suance and saxe of the Series 199Z AOAd3i and WHEREAS, the �ssuer has been provic3ed a�.l appliaable disalasure ir�formation required by Section 218,385, Florida Sta�utes, a copy of� which is attached ta the Bonci Purchase Agreement; and � WHEREAS, �his resoZution shall constitute a supplemental reso2utian under the terms og the Ordinance a�d a].1 capitalized undefined terms used herein shall have the meanings set forth in the o�dinance; NQW, THEREFOR�, �E IT RESOLVED BX THE CI�Y COMM�SSZON �F THE CZTX OF CLEARWATER, FLORZDA: SECTION l, The i5suance a� $ of the Sexi�s 1991 Banda by the City is h�reby approved upon the '�erms and aanditions set �or�h in the ord�,nance. SECTION 2. �t is in the bes� interes� of i.he Issuer and the resid�nts and a.nhabitants thereof that the Series �991 Bonds be issued uti�i.zing a pure book-entry syst�m of registration. In furtherance thereof� the Issuer autharizes the execut�.an and de�.ivery af a Le��er of Representation with Ths Depository Trust Company �.n substantially the form attached heret4 as Exhib�t "B" and th� Maynr anr3 the City Clerk are hereby authorized �o execute and deliver the Letter o� Represen�atzan with such chanqes, insertions and vmissions as shall be anpraved by the o�Pa,cars af the Issuer executing the same, ., , . 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F'. „r r's :�. ..i .'iv � �:. ••�: :trr�•z�.l°, e}' ^t r; .s�,� ^ ��;,�f .��i ,.�; ' '• .,.�: �. a a ry � ��{�. � ,f}.� ' ,��' � :ti' o'qi�: ;t� r.�..'°."��s' .� " �i.��-. y� i-�-s.fk.�f> -i'i t;�' ki A �i.j�• :wz.r trv": �.��•a`� ' .'S.' :;I '{�ia.', �,}' f•L'��'i��r:; �c f.,r.•��.j t 4;,'. s ,`�C� ::�_3,r�a'. .c .,M:; i,q�.� 6.,,,�'� '��i • '°�°"'T`� �'� -.1-�b."��,...'S�:i�,s�� ';!".�s...�y.�i',:'� ��' '�s ,',l�• - � .7., � ° C •��:�� ;?�� oP;.•.. ��::���.' x ; .L. , a� '�. f s:5r'. .�ra � t. � � �. : + •... .�n.� . ':� r . �, L . ,:�.t k4. 9.t�". :�.°.�9 .ti ,t.i,..�Y; ��s. '�; :�ift,� �.it; .1.. •vr �Iri� .i' �N ..i^ � {;. '_ , y :+s ��'.:i:. �.�, ..�<x' • ;r,_r,;'-:1L,.• �� ,;1,=. ;t,)�• t.1.. or �"� f ��,y, ��. . � . _i'..;�. :�, ?f ,.S::c"-:'.'`��','•`�r,' � .�`::�� �: r{h'.e��4'gji t ,�•!.• .:a'� �.<<r �i,' '��''• .�•=t '�'' c'�•!! , ,'!IF-';5�s;;.�,:V'-","r''��a'<.;uy�}� : �:�"', [ a ar ',c "� '�+. ~� ��tt. .� ' ' . ,�� ,F,'.. . ''ahr' ''i1"'-�° 1�b � ;` �'.::�'` J'i • , . :t;' ,:r. r, �`.•?y�S�,,";+�.'4; � ,�•wF� `'�iSi2l.�sar+i,r.x::,.�u.ti..r.a�atYtJ�1.1i�1'Yv�Sit�3�Tt; :1iN3�tit..� ,w.,►..•�....»....._��..:,r�:.�u.......�...-..-. .,... .-... ... .- _... �-.::1 y. �.,.Y��...��..`5.t�:.si:..il�ir� . . � 1� �Y� C�Rti�un�-l-iarlW�-t�, ��d �sr1s�'ql RESOLUTION NO . ' I v � � A. RESOLUT�ON AUTHORIZIHG THE NEGOTIATEb SALE OF $ C�TX OF CLEARWATER, FLQRxDA, GAS SYSTEM REVEN�JE BOND3, SERIES �991; AWARDING THE 5ALE THEREOF' TO SMITH BAitNEY, HARitIS UPHAM & CO. INCORPORATED, SUBJECT TO THE TERM5 AND CONDZTION5 4F A BOND PURCHASE AGREE� MENT; PRDVIDING k'OR THE YSSUANCE OF THE SERIES 1991 HONDS IN BOOK-ENTRY-ONLY FORM ANn AUTHORZZING EXECUTTON OF A LE'rTER OF REPRESENTATION WYTH THE DEPOSITORY TRUST COMPANY IN C�NNECT�ON THEREi�ZTH; AUTHORIZrNG THE DISTR�- BUTiON OF A PRELIM�NARY OFFICTAL STATENlEPIT AND AN OFFICIAL STATEM�NT IN CONNECT�ON WITH THE DELTVERY QF THE BOND5; APPOINTING A PAYING AGENT AND REGiSTRAR; APPOiNTiNG AN ESCROW AGENT; PROVIDING CERTAIN OTHER MATTERS xN CONNECTION WITH THE ISSUANCE AND DELIVERY OF SUCH BONDS; AND PRQViDING AN EFFECTIVE DATE. WHEREAS, the City of Clearraater� F1.oxi,da (the "Zssu�r"j, has by an ordinance enac�ed an ,].991. (the °ardinanae"j , authorized �he issuance of not to exceed $9,OOO,fl00 City of Cleax�watez, Florida, Gas System Revenue Bonds, Ser.ies 1991 (th�: "Ser�.es �,991 Bands" j ; and WHEREAS, tha praceeds af the Serzes 7,991 Bonds are ta be used to (ij provide �unds necessary to refund the Issuer's autstanding Gas System R�venue �ond�, S�xies 1983 (the "Retunded Bonds") and (ii) pay certain costs of issuance of the Seri�s 199�. Honds; and WHEREAS, �he �ssuer has reaeived an a�Fer Fram Smith Harney, Harris Upham & Ca, Incorpozated {the "Unde�writer") tQ puzchase the Series 1991. Bonds, subj�ct to th� t�rms and conditioizs contained her�in and set forth in a Bond Purcha�e Agreement, a capy o£ which is attached hexeto as �xhibit "A" (the "Bond Purchase Agr�ement"); and WHEREAS, th� Issuer now desixes to �.ssue its 5eries 1991 Bonds, ta sell its Series 1991 Bands pursuant to the Bond Purchase Agreement, to authorize the distribution of a�xeliminary Official ,. . -• . . . „-.�.- . . � ` � , � r.� 1',� .�i�lla .t �� i� i� . — ;.t�,-� �;��€Yy��.�" �T:`: )�";� t�.Ki�r'"+ � _'1" r�`;k'',1 �Fi;�,���`��'`��'ts•:. .. ,.. ,;.°. Fr i ,�;��; 3:�,'���& ���� . . ,.t�r�rs,:re1 ���yyy�%; � ' g��.•u,i�`.�,` ���. f �j : i'. ' • , .:.i'`..�. :Yy�a aw.���i r �'i'..��. -'�!�. r��i;�, � • , } ��z,.� �' `;��;s������ �. � �' ; , ; r'�':�,�' �'�n�: !� '1�^s{!'�:�5��7'1 �� ^ .i ';� � , );�� "fi?; ��t;i�{: � . r �. � ;.i�$.� '.{,�`r, t� .+�� '1`, �ii.��� �S_ � . � . ..� I ` ���� .at�l ` ,i . �"lr��;.',�"iyi�'' � "u: �; �:;�p�i�: �� . 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J..:..i'7.: "' y.'i'','.ds3��{ {r. sr � �`..'.:�'�• .. ja.` y: S ��A���.��:l.���t .��.�f r�n.�:.i:�s's,''� sa._�_ b:�_ 2. .� .'Y{%�"1,.�.�..di:: 6* � � `�'�ini�}�'j�. i f ����? ;;:°��.i:..� ��'�'�;,=°`% ���',�d�4E'�,`' � .R�'R5� •�` i �,� ,�,5`~'�; " i I t„i'`�''��' V1'7: �4'�?�a,��� 4 ; !.'��. ,?�)�';'' y � � cfS.: '.iF �i '�. `3' i. �i ��' . � ;�,."�sr�1!•� :,ti�� u. `� : t.., :;'}.` ';,. � �,E i3'� "4.�w'4.b�` �r� .y .�.�..• �� i.� I�i �i i. . �ii�;��::,re ��, �: :_._:,�� `. . � � ����nl+tr4;�" ':'� "!S.< �ti,+:,"t _s::�r' �;!•+:3'."i-' l:�� r '�:fi�:LC�xY�}3'�''' ;� •r(�S�,i��1 . :�3 '.1; .,( .l.r��� :��Sfi41..NJ.IlSi�4{'•��L.:i 1�. �� i.�' s �il���' �,,'S' .�;, �.e;�$i:�'�.�r.t_w;.4; r:.:.�i4.f; � z1 �. fi..:�.ii� ��'.sl,�';tif�,��:. p��. . ,� • t � . ,` .,� {;,,•..:r :,r,}::r=. °» �; � �:�' ::�.�..>v., ' �� � • ' 1'",r.•. h'.,f ;t � � : ''� �l�� ;'1�:;E 't.• �;rl ;�• :ll ';�t���.Ef�. ' 1�1�:�e7.. • ,.�'V, __._:s;...._ �'�' • .Y', ,�t-. `.`'�s:�'�`. S£CTION 3. bue to the wilZingness oE th� Uhda�3.te� �o purchase $ in aggr�gate pri.ncipa�. a.mount of the Series 1991 Bands at favar�.ble �.nteres� aosts and the importanc� af timing in the marke�inq o� such abliga�ions i� is hereby determined that i� is i.n the bes� interest of the public and tlie �ssuer to sell the Series 1991 Bonds at a nego�a.ated sa].e and such sale �o th� Undezwriter pursuant tra the terms a�hd condit3ons contain�d in the Hond Purchase Ag�eemen� ahd herei,n is hereby authariz�d and appxoved. � SECTION 4. The Series �.991 8ands are ktereby sold to �he Underwriter, upan the �ezzns and condit�.ons set �oxth �n the Bond Purchase Agreement attaahed hereto as Exhiba.t �sA" and incospora�ed f�y reference. The Mayor and the City Clerk are hereby authorized to execute such Bond Furcnase Ar�reement in substant�.a�.1y the form attached as Exhibit "A", with suah additiona� changes, i.nsert�.ons and omissians theze�.n as do nat ahange the substance thereof and as may be appraved by the said officers of the Issuer executing the ,ame, such executian to i�e conclusi.ve �vidence ot suah appxoval. SEGTION 5. The Series 199I Hands shall be dated, shall beax i.nter�st payab3.e at the times, shall mature and sha11 be sub�ect to redemption as provided in the Bond Purchase Agreemeni:. The us� of the proc�ed� o� the Series 1991 Bands, shal]. be as prava.ded in the O�ficial. Statement relating to the Series 1991 Bonds. SECT�ON fi. 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'�';,r:�..''a.. +.: •;F fi� i: r: .,.}';�'•i?::y:�•7�:'�Y`�,•'. ,e :. �� ru6t' �t A° .-,i 5. ! �i�'I,��pr�"�,.•.?�'Y�,1'_'.:�:i'�TT,t'�a�';:,l.'�i:�.x��.;w;''��++�y`�.'j.f{=A';,i'.i.%:±sj;t`•."'.F��.i'�'�,"F'� j 7}i.€ r `�i;t..� ...Ti�, � .� yi: . . �L:h'.,�1.. � [�3 :�'s•S: ��?:a�d,., ti 1t'.�s� ' 7 .,2� 1 k �r: ,t,' �t' S , ! 1'�,:�: � f '1 ;. �1 ��t ��`Y S'.', i.'.J6i±�.` �� �� �. •�a ..�. � .'1'„'1' w Yl ' •1�� 1 ':it• •';1 �; � A,ii: . . �ir :r:.:^, . y, �7.., y r'.i�...,� 4:�'�,�:��i � �i'�- -,r�J'�� ''.F. �k t y� �:.� i., �� ; �' '. t:;T�.�M; ...�Y-�' l F% s ���I � i i ����` ,.�;��' �. �... �a,.i�i�;•:�y`?,','�+; .,,,'j?:.'.'.; •t S� ��'o'„ ��.�`C'i`;A'"t �tt"'- :;+.� r'�' y�] ,�' i�, ..`iy� E ' � �� s fi.,; '�t_. s �'' i,!�� g iCi.�}i��l °� �:` '± ' ; . : `ti� Y ' i�'•� : 'WC',,r 'yG�is !'Z�r'y.,. ��' �i�yY;�,� ,S" �`Si � ,;.5 .r.s.: : T,. >" � �+t: :' : %` �S'..',� }� � . ,'1�• Fj. ` Y�'.r.. �E' .� t1 3. ��`��� i . a:r �' � '. ���} 3 S'yt' f�`::�i e �� � i,i�s �i�•, .��•4xi::>f: i�:as 1`�f'�.... �4' �°,:� . y. ,yi:�:i" �,:' � t J%i� -, •,`�! t''a`,Y',: ���•. ti .v;;d.;�1�e. r � i:i` �."S.,L,,.` �.���.{� ,�� 4 t :�. � �.`�`••I,� .;• � ..• ,� 'y �.i;•� k, .tr {.���,� ' '` �:�.v :'1', ';��: � �,ai:'; .: y"�,r,�'4�,�..5 }:�i:j,iR. �'. ��f ;.4•",�4�i,.`e���.,�; . � al. F� �.+� .. . �1..�+� �t� Jj. �.� '���..:..�� � �V���.«�. .e� E' .�'•."..�'�"..� .Y'f �� ��` . }�tr�. 1�.:.: � � r`� �� rY1 �.v�tF.���� �:r� ' e�.•.y . '1. �F: ;•.5 . � � ij , t.�P .,�:�.���y��t����!W�i'•.3 'fli) f�",do �} ^: I'''<., .' ' S� r� {'. �'�1 �.:�i' ^ i. r..' ,1'ei,�v.:iX';i. 77 'r'� = _' �F. ;s.. �'j'.;•. � ..f ST;,I, ' ,. .y• ;��.`°: :�.�;`:';,�i'�,,'.:�.'ii .�,,-'>,,.�i.•'..;:,�.:.'.y,"s�j,lC.7'i• �: ..:z..k:, �n.�w�.c..:...:,.= .r �. ..........�e..�..a«.....e...�..:nw�.itA.7..wr.5»vt�r.r��uwitttKUUr+.+w}wi.�...,:.:.7�-i:h:., i•9�;.� ��s�r► aet fcortih in' the Ordinance, with such ac�dit3onal ci�ange� �nd inser�ions therein as conform to the pravisions of tlae Band Pu�chase Agreement and such exaaation and d��.iv�ry sha�]. ba � conclusive evidence o� the approval therenf by s�ch officers. SECTION 7. F�rst Unian Natiana�. �ank af Fl.orida is herr�by appninted Paying Ag�nt anc3 Registiar for the S�r3es 199x Bands. SECTIDN 8. First Unian National Bank of Flor�da is hexeby appainted as �scraw Agent under the Es�raw Depasit Agreement. SECTIDN 9. pn the date of issuance o� �he Seri�s 199� Bonds, t�he issuer may trans�er the funds on hand zn the va�a.ous Punds and aacounts established fnr the Refunded Bonds in such mainner a� may he approved by a certi�icate o� the Finance Directar executed prior ta p� simultas�eously t,tith the issuance o� the 5eries 199z Bonds. 6ECT�ON �D. The distribu�ion by the Underwriter af the Preiiminary Official Statement is hereby approved, crsniirmed and rxtified. The distxibuta.an a� a final Officia]. �tatement o� the r5suer relating to the issuance of the Series �99�. Bonds 3.s herel�y approved, such final ofticia}. 5�atem�n� to be i.n sub�iantially tiie fnrm attached as an exhibit �� the Hond Purchase Agreeme��,, w�th such. additi�nal changes, insertions and amis�ion� as anay be mac�e and approved by Q�ficezs ot �he zssuer execu�i.ng �he same, such execution to be concZusive evidence of any such apprava�. Th�: Mayar and �he City Manager are hereby au�horized to execute such OfFicial 5tatement in substantia�Zy the form attached to the Band i'urchase Aqreement. The execution a� such o��3�cia� statemen� by such a£fa.cers is hez�by approved with suah additional changes, > , • . �� ;I y � Ity . . .. 1 z ' ; � 4 ! \ � ` � . �� ��.y,-'z�i����4y�r � •�ti��f� � ! � �' >� � '� +; �,� � �` ;.�, �rw. �, �r� , �: :a:�.��::j�� �� r'�: ' �� �'• i;K,t`.` . ;� �•_� ° ��.� �'� �,s' N�„�;..i;,. �S �;�,,, �,�� `�?�,�'t.�"�'�,>.�f'.�ti��ti��;;� . .�r'' �• -`v /`�' ••� ��°:>r : F: �"�Ijt. , f .i �J ,�i. . .� , ��• i�i1�,y��;�1.�� � � ' '.ls . ,,i�' ' •'�'^ I` !'!1''�rl . '� t.C� ai•�.i.�� ,t a� ��:..4r`i.; ,� •�1�1'� �.it�/!'7F �� � ; _�,�:; f.'�'� I� `,�';.{c'^;`�, ; ';.-�' a � ... • . • '� . . �`' � �.*,�' �1", ��,; ('",p�bp^+ , 5 ��':r1; �'`3y�.��•'�F"},r' � �� i�ye�[�/[.,�Vi_t!IiY . �.�f:.�.% a 3M t�':. i i�� • . . , �, � t 1' n �,:�i -s i .� °�a �, . .,, �.: ;� :�� ; ,�, F ;,� - •� +�.� ' � .�rr...�n ;!�sW�a�ys�� �:..�.^n.� r,+���. ....kr, i.,a.�tr.4:5 ia.I",:i �,�,�, �.n.. . �y�. �. �,;. ,�,.r�b+!�n�..c r:� +�• f';t.. ;s,_,S.! ..,q�.1� ' ,tti„t•t• ,'yo�, .. .n ce.. ,•• •e:.r-;t . . ' .. ;i ::,F: ; �„r.' ��.., ti,, . . : k:i . . � . , � '� ��"i�i^`i"r;d�f�"�li;�"1Yi'�`4.� �i�!3:"t`�.l'��•� �fj:i.r .�. �. .i.� ,y�,�,'",r,.w'•'v! ' �r.'r �' �1` �}'.'t�t '.:.�� . , . , . . � . . ; , �'s•;t' . � j ,Z .��7.�'t',ti,;�� `(,•ip�••��,"�� f'� � �, Y. ,�#1 � �, °.R:.'• t. ,,, .. • '. o! � �' ' � d �r:il�'�" ! .'}�_ �:'�;ln. ��<'��. �,t� .�V..' .'� ' ;�:l: � .�fr�?�1 �Y •" S'r •�.. � Ii��. � a t :.G:.='� �_�y�:, .. '.. 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"'}' .'r.���(Li7y',y r "•3r:,�� �. 4::[: _ ' i �. � 'x: .k 5., �i 'i�'rf•� `�y :e� ?�'i��raPi ��� . �, .�;�`?'Y?��, j�;��s;C�:1':�:',�. ��:':� K ,�r:''�'.}"?;:'�r�.,yE��k3'��•�sfi��s��,'" '7a;';� 'tik�s;'�,`����;nu�_ � �fi'>i.� ,�rs�"��"�� .r�r, , � . . ..��.�:.;�� �:Y.Y....�; � ..� 1 . ... .e u=1� .....E7ii.5_ ��"iut�. i_ ..1� 5 . .`:i , .._. ri: . ...�. . � .� ei; ' }.. ,.�•i'.',.i .. . ... . � %�`� 3, ..� .. � i.t�.:�. .:�,��. . . . �i... .� fi� ..'y`y� .�y�� ���f � ''� T ,x" =` . �l 1 9�� �y; ►��`q#1 r, j I „Iti , i; %': � 0 4��F��;.��;t^'r:.''f , � t' ;+z^ �:y�r�� ,�'�,' , .� .}, 'r`�• lr',�,'e�i. • .i, � ''`��[ �� r.� i r�' `.➢;, ;�e'F�yF�Sl'.E' �� +�+�� i(��';`, '�,f .. iJ s�� e ��y�{L..l�+r�':t�h'.. ,. ;.�`�t�.�` � ', r� � a;��; ":.���,f•; ;,::':, �. �'; �' � '•�� < <.: ,.1'; i -R;� �: r:= �� : '2 :i:3'r:: • �,�. airl .%FwLr..'�. ._ ,��:' y' yjv yr:. ' y�''� f� �t ,; �• ?w.1�'°i��''��';;,,', 57�rzi'�Si ' �' ���'� �i:;,Y,-;,i,' `<d,� ,'F Y��;''_ I'r.".� �.. ' �'t 'i. -�i. :,� 9 ,,: s;r' _, �Y,�; ,-i', :` �:e. :�ff� ��yy�;��i', .�+s�:, .., .��; _�'.. •• r 1�'a4� � ��iy�'��� .��'r`�'�'-�;, 'y .i� ; F�,i.��x,-iti�;i;�y:i� ��2r:iir:3.z,`"'�;F; 1'�`�' �. ?��` �.�',. .� •h}� Ei���,r`1t: „,5,.:'s: ;��r}�!K ��°,�' ' � .� . ;ti ��3�.>, �!�: �., . ta: �r, ,.+,i,i,§ F�� j �:�r�'� „�i�.i .',,",'. �" ;� ,°s, -j5;4�'}1:.%;�,<fr:��'; ,'°.TS=�,���'!r): �.c`,`'�;�.,''��' .f�''.� .-*�� �r.'d. .4;�...I'y�'.'.,`�'�s.'l'.7,'.. - ,�.a .. F' . ._..�.u.:�e� rw:a.F�lM�7I�1'�Lh3�M"A M.N'.vfsKr.w.r4.w.tirain_.wa.i..�.rtik>icM�'.riP1 insertian� and amissicns �� nay 3�e made and apprr�vad by such OfL'icexs. SECT�oN 1l. The puxchase oP mun�.aipal band inaurance frQm AMBAC Indemn�.ty Cozporat�an ("AMHAC") to �.rr�vocably guarantee the payment af principal and �.nterest on the S�ri�s 199�. Bond� 3.s here- by autharized. � 5ECTION 12. A3.1 pr3.car xeso],uticns of the Issuer inaonsisten4 with the pravis�,ons of this R�saluta.an are hereby modified, suppi�- mented and amended ta contarm wi�h the pravisions herein conta�.ned and except as athexwis� modified, suppl�ment�d and amended heraby shal.], remain in full farce and e�fect. SECT�ON 13. The Mayoz, the City Manager, the Fir�ance Dizector, the City Attorney and the Cai.ty Glezk or. any o�her appropriate afFa.cexs a� the Issuer are hereby au�horized and directed to execut� any and a�.l cert,�ficatians ar ather instruments or documents zequi.red by the Resalution, the Band Purch�se Agreement, the Escrow Depasi.t Agreement or any a�her doaument ra�arred to �bove as a pre�equisit� ar precondi�i.on to �he issuance of the Sezias ].991, Bonds and any such repr�sentat�an made �herein shall. be d�elued to h� made ori behalf of tha �ssuer. All AC�].Qi1 taken ta date by the ofEicers af th� Issuer in �ur�herance o� the issuance aF the 5eries 1997. Bends is her�:by appraved, c�nfirm�d and rati�ied. SECTION 14. The Issuer designa�es �he �onds as "qualiE•ied, tax-exemp� ob].igations" within the meaning of 5eczion 255(b)(3) o� the znternal R�venue Code of 1986, as amendaci (the ��Code"}. The , . m , _. ..�.�� .. , . . �� : �— — : 5 . , ._.. , ..., � : r: ., �., .....,u ,.. �i.,. _ ..1`{3 . �..-. � .rKi�'_.�:i:.4: `�� :r� � ;� f i � h. ` � ''' :, M1� . � � .. �� ,�:t<y� .� �.JA:�1 � a e� � • "1 i:' i p , r�„y,+Y"�..'k<¢�`^Fu `;tf,'!M'Si.). , s -i",{1'r�; �, ��ti�y;'ir� ���,h j. � .f .. x :.� � • '� �1 �" . �.5;,-, ,i ? � •`�,5 �•,.� i:N. � �•�� '`��;'��',"� 1.(�/�J�:�. � 'II:It�� 'SLF\..i'�I. J.z�i .: . ''�f�;,•.r-.;�•.4�.,,�. � .�:� r � i 1'_�4,�. �:. �t,frr ., i( �,4� ��+L'�?, , ..r,�' :�. ���*' s'•.1,::�. � �ix°'' � .1 � ,hu� ����`.3�i�14fi'p;�S•i, _ .y•�'.� A ,...� 'S��yi�;;lti. - r � ' E � I�a �1 fi;}i , '�Z'1[: �?�1�..`4�.'i ; ��5� 11 i . ; t {._ : w � `;;.6•. . :�1' . ' � : :,r.� � t',,'::. . . � ; r;'.:' rlliie:. �; S<�. 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'tt : �_,���� ._. .�;r €r � � ! t�` � 3•,- * - A i+��'17: r�%^11 S'Si !`�>�%.'i.'e �.�P! k1 �`�e 1'... .�r�.:.,. � .' f�:t 'iZLS,�`:��T,-,�� ��'.trr�.;,'.` �it �,r; '�'S�t: ' �,y-.,�::- �' ,= Y.•d`��2�`ti'�jj�;'"` r � ..r.:,-.:afr � '� �r'?'.`' �yy" .L,u�4b .. �� �:�:: ,`4��: �. • ` 4,'.;:°� :;�tK-�s�..;7,�L.�^,-f.t.i',��i�r'rr,,'.l;ps�?� �fS: r'las����� ,�": ' r ' {'' • ^ 1-� �� �'��•(I�..�'aa; S:'�d'y{ �' ��-�r: `r.r,'�' p ^ti t.,�'/'° rf�"g� �ti�-1'�'�� Fr-n �i fl',�f'x �'rji'r r{,'<i�1���5' ' i'.y. ti:, l'�:.q.! r� � i'.E�ri�Sr i�a ��. i„ .� � (�'f ��. i v3 , �' ^'_hjF�' t-:,° ., i.l.;�L M^., .i•'.4'�'itf'F•5� f:Y•.z S�,�i � �r�F,�;�.A��i«:4:' �^�:°"` cf`.: :a.�, ,�i,?,.sft...{:'�;,��>..�y. �- � :�� 1+r!•'�� x a�_[S:fA�SE4r1,J, �i� a� �i•`����,L�kal'a^;���- r,� t;'. `s -�i'�;:•�•°f,;�;.t. }-'�}: ;i`.r'�'.���;d't;.����*,.';M������tfa ��'ls.,'., . �j.n;:J..,.' �; ,, A . ' . ' . i.. ��.{;'1, �s;��3';I ��}� :�^ s��t;� �' ;'ii: .°r' .'• ' 'i' .. �.S"':`•.•; �n� `:'".�;�_�•�': a�,L ' ..��-..�f;`' ��,! .......s..�_,.,.a..o..a�xe,ti.�.,M............�..�._,_..........a.�wlr.vriiMli/kY�w}t*,l�f.Y�7F".�...� EXiiIBIT A � C1TY OF CLEARWATER� FLORIDA GA5 SY5TEM REVENUE BONDS SERIFS 199 i PURCHASE CON'1'RACT Mayor and City Commission I 12 S. Qsceota Avenue � Clearwater, FIorida 33518 � Dear Ladies and GentZeraen: . 1991 The undersigned, Smlth Barney, Harris Upham & Co., Incorpcsrated {the "Underwrite�"?t offers ta enter into thls Purchase Contract with the City o# Cl�arwater, Florida (�he "Ctty"), whicit, t�pon acceptance o! this o#fer by the Gity. will be binding upon the City and upon th� Underwriter. This offer i� made sub�ect to written acceptance hereof by the Clty �t ar before , Eastern Daylight Sanisigs Tlme, oa the date hereof and, if riot sa accepted, will be subject to withdrawal by the Underwriter upon notice de3ivered ta the Ctty at ariy tlme prior to the acceptance h�reof by the City. 1, Purchase and Sale. Upon the terms and cnndltions and in reliance an the repr�sentations, warranties� covenants an� agreements set fortti h�reln. tihe Underwrit�r hereby agrees to purchase trom the Clty� and the Ciky hereby �grees to sell and deliver t4 the UnderwrIter, all {hut nat less than all) af the aggr�gate princlpal amount of $ City o# Clearwarer, Florida, Gas System Rev�nue Bands, Series 1991 (the "Sonds"). The �onds shall be dated . The purchase price fqr the Bonds si�a11 be $ (including orlglnal Lssu� discnuc►t af � plus interest accrued on the Bands from the dated date {$ ) ta the date af the closing rePerred to In Par�gragh 7 of this Purchase Contract (the "Clpsin$'). The Sonds shall be gts described in and shall be lssued and secured tuider ttte provisions of Ordinance Na. 51 i8-91, adapted on , by the Clty Commissfon as amended and svpglemented on the date hereof icollectively the "Ordinance"). The Honds shnll naature at the tiines and In the atnounts and bear intere; t a� tise rates se� forth in Appendix I hereto and 5i�a�1 be subject ta redempt�an as pravided In Appendix II hereto. The informatlon required by Section 21$.385i�}, F1orlda Statutes, to b� gcovlded to t�e City by the U�derwriter is set forth in Appe�dix nI hereto. 2. Delive at �ificfal Statement and Other pocuments. On or before the ciaCe of Closing, the City shall delfver, or cause to be dellvererl, to the Underwrlter executed copies of the ftnril Officfal 5tatement dated the date hereaf relating to the BondS is�sch flnal Offlcial 5taternent, i�tcluding all Appenciices thereto, financial and statistical infarmation inctuded therein, beir�g hereln calied the "Official 5tatement"), signed vn behal# of the City hy tre Mayor and Flztance Dlrector. BND/7260PCon/910731 � � - 1 - . ;.��•. ; ��� ?� ,•'�'. ��.}; y+'1� . ` ' . . . , _ .. . � . ,�. . ♦• _ . . _ • . . , . !f . \ '�fr.SS;�:S:z�1.��*'�f 1 . a =� i'�';2:.,?i'.tir > i� �. '� . ;�, _, �;� `� C. ' � . ?�,� 3 ��k,�=�i� � rv�! � � ��� �• • .;•�;�a.�,' .k�f; :� �" ` S '" '' ����y� }iJr�: "i.�j�k�/x`�'.': � ,�' '';±3K;..}�i,�`. i.,,�ywiPlt.. ! `..:,• g..����:YS,��H ,��,;i rr ;5 :�+ 4/ :.. .. '� P:�:Y i^I_+(�15�. 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Ci: r�i'�.`r � .��i ".����r.,� {:�-:,;s:ti�' :i :�-� '�ss�(� ; ::' ; : •. `rM ;'t F�,7t��'a� '���..•Y,�� ''''7�� e �y . ,!}�:= � .,�=�� �' �'; � 1��� �tt�ti �c j yLJi�1 a'.S '�" l i:. y�t�;� ��� 'j 'A�(t {1 Fki - •i' •l•�' iI/� ` ,1 i��:`i�.�� ,'ii . �x�'`�f�'iii ��P�.or:'�'`"��.�; "p�i�x. � � =ii �,s�! �.'' :R. �`°�'',=.s, F;:;: r*i;,#r�:�t�,'t:,;'�; �r� ;�".�.yt(� ��,�r,sy. �:i�� . _.et,t.Y�!°fI:?, u�.'.}rt s�;��• At Csasing, the Clty shall deliver, or cause ta �e delivered. to ttie Underwrtter copies of the Ordlnance, certifled ta by the Clty Clerk, all substantially fn the form heretotore delivered to the Underwriter� wlth only such changes thereln as agreed upon by the Underwriter. 3. Re resentation ot the Underwriter as tp Authari . The Uncierwriter has been duly authorized to execute thls Pnrchase Contract and has ba.en duly autharized ta acthereunder. 4, Publtc Oi#erin�. The Underwriter agrees ta make an offering of all the Honds at not in excess of the initlal public otferLng prices or yf�lds set lorth on the front pag� o! the Official Statement. The Underwriter reserves the right to malte concesslons to dealers and to change svch Initial publlc ofiering prices as the Underwrlter reasonably deems necessary !n connectlpn wtth the marketing of the Fsonds. T�e City hereby authorfzes the Underwrlter to use the OfficlaI Statement and the information contained therefn in connection with the afiering and sale ot the Bands and ratifies and confirms its avthorizatton at the use by th� Underwriter prior to the prlcfng of the Bonds ot ttie Preliminary Officlal Statement dateci ithe "Preliminary Ofllc[al Statement") !n connectlon wikh such offering and sale. Th� Clty represents the Preliminary Ofticial Statement was camplete ss oi lts date of delivery to the UnderwrIter and the City iur�her rati�ies and canfirms that the Prellminary Orticial Statement was "finaP' as o� lts date for the purpases and withln the meaning ot 5ection 240.15c2-12 Code o# Federal Regulatlans {the "SEC Rule") iexcept tor iaformation concemIng the offering prlces, interest rates, selling com�nsation, aggregate principal amount� principal amount per maturtty, delivery dates� ratings or ather terms dependent upon svcit matters, and except for such technlcal and contarming changes whlch shall be approved by the Finance Dir�ctor of the Ci�y which apPro�val shall be evidenced by the execution thereoi). Pursuant to the SEC Rvle, the City hereby covenants and agrees with the Underwriter that it wiil deIIver ar cause ta be made avallable ta the Underwrlter coples af the OffIcial Statement in a fqrm suitable for dellvery to Potentiai Customers (herelnafter deflned) wlthin seven (7) business days from the date of the date of acceptance of this Purchase Contract by the City, which, in the opinion o� the Underwrfter, are in a quantity such that from the date of the r3elivery thereof vntil ths first to accur of: (A} the End of the Underwrlting P�riad {hereinafter deflned)� and (B) the tIme the Offtci�l 5ta�ement becames avallable to any persan from a nationally recognized rnunicipa! securities infarmation repository� bt�t in na case less than twenty- five (25) days fallowing the End af the Underwrlting Perlod, the Underwriter and any Farticfpating Underwriter {her�inafter deflned) may send to any Potential Customer on the next business day, by firsC class mail ar other equally prompt means, ort request, a single copy oi such Offlcial Staxement. The Underwriter has heretafare requested of the Clty a quantfty of Of#Icial Statements sufficient, in its opinion, to sati�fy the a�ove requirement. in the event that such quantity is insufitcient the Underwriter wi11 so notify the Clty in writing and requ�st such addltlonai copies as shall be necessary to satlsfy such requIrement� with whIch reque5t ihe City agrees to pramptly cnmpiy. The term "End of the Underwrfting Period" !s deflned by the SEC Rule to me�n "... the later of sUCh �ime as the (1} issuer of municlpal securtties deltvars the s�curities to the Participating Undenvriters or {iI) the Participatfng Underwrlter does not retain, - 2 - B1VD/7260P�on/91Q731 :` � . •�. , .., ,;� .', � , ' �'r. +• r t'. ,� +'•''r. ,1 �?��`.:� 's �� _. . . ... , i. , eX,�i' +Y.• m t°. 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",r`..,<�7r`,, `�(° �i. �.�w. `.' :�r'``i. .N:.i �'��: ,4��.�'�':t",:':r': f1':s�,i�;t.f,r;�:Y.t:�•� }�`.�:`} f 4�t` .r�ti`: , �s.:•�.. �t� �i ��3�''5:�.::i�.;i� ;"'i ':t,v, f ,.`}1� .J. ,j' ��. .L� 't• ��1�', �i, �J'f ).. rt��� r'•V 'k ;3'., 't. ,'. .,3. °i ' � � �� t t�` y'l' r ,r� .'� � �•1 . 'ty.�,. ^tyu(!,: ,�i .�'i� {� ;g� ..�j, j. �� i.y� �� q 1. �j'. � � ,[^��� 3 •'! � .1 `�i�� �i�' .r. y 't: � �' . `���~�� ,`: .;i� �W ,t; t :y� �e; �' E•� �5 -6�f t'�•1� •�Ix r'1. •3" � '1: ,,�r, :'' ;'t�, r,�� • .. . 'f� '� 1,..-,�•� .z�,. .�. "� r .�{;� r,;;s _ t:.�f ' i . �'.ti r . . . �' ,i�.�� ;.�i�E FI�.T' '.�'l`.. 'eJ.'�. �`. •.4 y, :yV�'� 1.•S.�'� • -!.i'?�' :. ' :4 � n r� . . �y '��r . .;� :: , r#`. �> rr '�� �.'t' . �S<;. �� . ] ��] . .,' � ; r •, . , v, . f�q��� F ����: 1,%'1��' � . '� t i : ' � � ' . . , ' ... � � . , q �,}������. e� •';.`�¢'r},� j�� iMR��'l �wf Y c .:�p ''P^ � . 4.� � ` , ay'�." t`'�`;..:'�L:.tit'.�t.Ci.'.Sls.w;I:w+3�L1� �.s..�.i:.�i..'..,.�...e...MH;�v�x;�kJ L .�..�1-C21: S"l:t:«i' ,�.;L,..... .'.a ;�..A���sz.crz�� .r:.i';;�•7Vx.e._w r,.".��7.#•�«°:a,:.�v.r^.•:"Y:'.'..y,.3.�.,�e�.ltin1...A.,;��i!1�"y"�D✓?., � ,i�.�' ' ��ik� "y" .t` ..,,�„_ i1 `'j ! rt'�.i:.:�'�.,i.i,��.?'+'�'='. � .F�#:��.�xa3t�:?:7E'"..��:�i;l`eG"`�-.��1t:;_. .c.�.,., dfrectZy or as a member or an underwrit[ng syndlcate, ar� unsold balance of the securities tar sale ta the publlc."' The term "P�rticipating Underwrlter" !s dQflned by the 5�C Ru1P to mean any broker� denler, or munlcipal securltles deaZer who �as purchased irom an fssuer o�' municlgal securities wtth a vtaw to, or offers or se11S for an Lssuer a� municipal securities in conr►ectlon wi�h, Che offering q! any m�nlcipal secnrity, or participa�es or has a direct or indtrect participatian in any such undertaking. or particlpates or has a participatian in th� direct or lndirect underwrltfng of any such t�ndertaking (aqt lncludJng a person whose interest is limlted to a commissfon, concession,. or alIowance from an underwrlter, broker, dealer, or nnvnlcipal. Securities dealer not tn excess of the vsual and customary distributors' or setlers' commissian, concesslon, er alIowance) in conneation wlth a primary oflering of municiPal securltles witti an aggregate principal amonnt of $1,Q00�000 or more. The term "Potential Custamet" !s defined by the SEC Rule to mean "... (i) any person contflcted by the PartIcipating Underwriter concerning the purchase of municiPal securItles that are intended to be offered or have been saZd !n an otfering, (ii) any p�rson who has expressed an Interest tn the Particigat�g Us�derwrit�r in possil�fy pt�rchasing such municipal securitles� and {iii) any person who has a custamer account with t�e P�rticipating Underwriter." Ii at anytimc from tne date hereof until the End of the Undet�vriting Period the Cfty becomes aware of the occurrence of any event or circvmstance which might or wouZd cause the Officlal Statement� as then sugplemented or �mended, to contain aay t�ntrve statement of a materisl fact ar to omlt to state a material lact necessary ta make the statements therein� !n ti�e light oi the clrcumstances under which' they were made, not misleading the City shali natity the Underwriter therzof and if, in the ressanable apinlon of the Undcrwriter, such event requtres the preparatian and publtcat[on of a supplement or amendment ta the Offlcia� Statement, the City will aC its exp�nse supglement or amend the OfficIal Statement or cause the Offtcial St�tement to be supplemented or amended ln a form and In a mann�r appraved by the Underw:i�er. 5. Security ._Deposft. The Undarwriter has delivered to the Clty a ch�ck for $ �' payahle to the order of the City. In the event the City does not accept thls offer, such check sha�l be returned immediately to the Underwriter. If the off�r made hereby is accepted, the Clty agrees �o hold the checit uncashsd until the Closing as security Por the Performarsce hy the Underwriter of lts obligatian to acc�pt and �ay for the Bonds at th� Ciosing. In the event of the faiIure by the Clty ta dellver the Bonds a� tt�e Closiri�, or it the City shall be unable ta satisfy or cause other flarties to satisfy the conditions of the obligatians contained herein� or ff the abilgations of the Llnderwriter shall be terminated far any reason permitted by this Purchase Contract, such checic shail he lmmediately returned to th� Underwriter and the acceptance of such return shail constitute a full retease and discharge pi all claims �y the Underwriter arising aut at the transactfons cantemplated hereby. In the event that the Underwri�ter faiis (other than #ar a reason permltted hereunder? to accept and pay far the Bonds at the CI05Il1� (85 herelnaf�er deflned?, such checic shall be retaines] by the Clty as and for full liquidated darnages for svch lailure and for anp defaults hereunder qn the part of the Unaerwriter, and such retention shall constitute a full release and discharge af all claims hy the Clty agalnst the Underwriter arising out of the transactlons cont�mplated hereby. In the event HND/7260�Con/91U731 � � - 3 - � � ��. • . � u�� . . � � S ...f,i � `7'1' "� �" i k �i� 5 �� ti r h' ' r . � � I � '�i�l�i � . � ��tw. a�• �}� . .. . � r,Cr,� � "• .i�.': i �j 'P � ��°I�. .n x � �' � �a3 .. ,�t`4� �.� ,�r �. i��'4�:k�'Jt ��i�!��,� i�'�°'H;e � � ,�f f�,����3s 7'���� � f�yfil �'• i t� �;fi°..y i;;�'} . ,.�14 ;11�.��ih�;±;P•(i�.•:� ' � � � s.`' #�rk�t Sn��7;3.;'w7�y�-�;- . :, S� i. �, i. 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'' : •y i�i "`j�,`HYr't�.:j.:.•`�s � �:�.i'' S.ZY.���l�fy s� I�f"<.'.' e�lYY�1l"' �t � �;i;°}:'..�;...�:",:��i; ..,`., �'. •.. . ;ia; r�y�i•,".:t'��:�it,��:ni"+:"��`i,.3::�;f !•:"��x .�.`4� .'�'a ,d�� ;'f�i .'.�E:y:;4ii6�i:~�"i:.t .r � � � � ti' � ..i:y> � •.��� ��1 ; T� � s� ,s� �� �i`i: ♦5`�r.l���%tAj �� � �§,�`.'�.. .:�,,r..A ^. ,'}[.. `'..�:.s:3�^�Irj�..b ti.�'t�,%+�>�i`r��,�1 �f•�f) �+�i ,��,' :� "t �Y��:�7s';�r ::�=� ,' ..a, � .; ;,�''' �i.; '�ti' . . y�: t TF F !'��� 9� 7y � �'o�,u��cSi:«.::i. ,.+�zr�>.�yy7�.i.�<�:•�i.Sy .i...,�.t�a;�.:,��sr�hL.S?IiY`i,.�:�j. {��='v{}1fS,"3' �. � .,e'.?' �l.y: �!"�1' "1`��i� '�Y�1' $ .J:�97i�£,i;..Z7'!��"rE�'v��i�, � ,+�r �-{�1��` "�i..�:,•i�lf, ,:l.oY,^c�e'•r, �.G' `f��.,i:: •�,.µ.!3Y 'ri. ��'� �t:k.l�y:s 5.....:J. ,?i.(. �,it'�,�i�. �����'. �2iv. •.1C'.�"`.l�ri��',i.,:4'tf'.""',:�;��'er���s� i�}� f''i ^"� .} .�F .i. :}l .:t.�'' .�; . . ^ i�'�,i3•�':1: � M';U'�'.�'� �l�ri.��1 •'}���}!'�J, ^ ^.("'� ,w�� .�: :{. �� :.LI' '.��" •��=�'.i �S. �:�M I' i;t YF! �'t��j Gk�•�S '� � ` �� ,s-l..�"� , � Y:'µ�.�..�; t.k [i'.i� 4:��� !+i i ;;�iF�� �;1�.)b`� •yi. . 'a�f �.�• „t`; .(;i•(�;' e',Yr.��.ih,.. ,7��� !t@i,.�.�k•.' f..;.5� ^� � , I�r 'f � _ ";+.t�'ir,i' _k. �z.`:;',;',;:..".'�J�`� �i;q ;r<,��°,�i:S✓'"�,�.Y.7a:��,.�'�r�:�"�td.� lS i, r t: i�7`�'6:`•^.y e�'�,• :�:�: •'vy� -r yr..,, ,Y' ,_i', �};�a'„'.�:4��-}i.: �::7;e hv:;:�i'i4.'�-� �rv rl�n:iS.�ri : : ;'�':'r. ';S•,, ..�F:'?�3!h.>�i�.'°`E' �'^4 •'k , r. , 4�E'" � � � � 1 `�.r�,'��a,i'�vy :�� ~ �p.'� l. '.4.. •�i' :' ; ' •�`.R.', •,l.�� : ..�•i?'3��. �•;.i].;�Fzt��c: �Y :ir- , �: �Y�1�` .��',�.`� '.'�' . 'Et' r . •y.. .+' � �' �g• ..t1'���Zti�41.,'��':; 'j�' 's• ' �,y' � ' . , ' ' , � �i' i �` se'.;^.(�' �� r�. ' "t�r , � . ' � ,, sV;Y ��,, t..�.�.', i. • f;`�F. a►�.i.aw..�w.w....�.,.........._... J.r -.«-..���....e........a....-.....r�..........:w�..iY.. ��Cu...:.�.','.a....� � khat the UnderwriL•er does not fait ar default under the terms o! this !'urchase Contract� such cY�eck shall be reiurned to Che Underwrlter at the Ciosing. 8. City� Representattans __ v_:'arrantiss and Aqreements. By lts acceptance hereo�, the Ctty represents and warrants to and agrees with the Underwriter that, as of the date hereo#: (a) The City Ls duly and valIdly existing as a body corporate and pvlltic and as a municlpa! corpnration. {b) The Cfty has full legal rlght, pawer and authorlty to issve and sell the BonrL� as contemglated by the Ordlnance and the Official Statement. {c} The Clty has fuil legal right, power and authorIty to enter into this purchase Cantract, the Escrow Deposit Agreement dated the date of th� Closing (the "Escrow Agreement") between Che City and the F�rst L3nion National Hank o! Florlda as escrow agent {the "Escrow Agent") and to sell and dell�er the �onds to the Uaderwriter as provided herain; by offict�l action of the City taken priar ta or cancunently wtth tiie acceptanca nereof, the Ordin�rtce has been duly enacted In accordar�ce wIth � the Co�stituxlon af FZarida and th� laws oi the State o# Florida, �n�luding the Clty C�arter (callect#vely the "Act"); the Ordinance is In full force and i�as not been resclnded; this Pt�rct�ase Contract and the �scrow Agreement when executed by the Clty will be d�lq autharIzed and dellvered and will canstitute the legal, valid and hirtding obligatinns �� the City eni[orceab�e In accordance with theIr term5, except as the eniorcement thereo! map be aifected by bankru�tcy, ins�lvency, or other laws or the applic�tion by g court af equttahl� grinc�ples ges�erally aff��ting credit�rs` rights; and the Clty has duly $utharized and spproved the Consummation by ft ai al� other transacCions contempLated by the Ordinance� t8� Officlal Statement and this �urcha5e Contract to have been performed ar consummated at or prior to the Date oi Claslrsg. `�� (d1 The executlan and delivery of the Bonds, this Purchase Contract� the Escrow Agreement and the adoptian and lmplementatlon at the Ordin�nce, and �� cnmpliance �rtth the ahlfgations n� the City's p�rC contained herein arid therein, will nut �'� conf7ict with or constltvCe a material breach af ar materIal defauIt under th� Act ar any ;� federal or Florlda constl�tlonal provision, law, administrative regulatlon, judgment, ;4 decrae� iaan agreemeat, fndentur�, bond, note. Ordinance, agreement or other instrument ��. tp whIch the Cfty Is a party or to which the City ar any ai its propertle5 ar ather a�sets �, Is othecwlse suhJect, �nor wIll any such execntion, delivery, adapC#on�, fmplementation or �: camplian�e result in the creation or Imposltion of any materlal lien� charge or ot�er ��, security interest or encumbrance of any nature whatsoever upon any oi the properties or �- other asse:s of the City under ti�e �erms o� any such provisior�* law. regulatlo2, document �� or InStru�ent, eacept as provlded or pexmi�ted by the Honds and the Ordinance. (e) All approvals, cortsents and arders of any gavernmenta[ anthorfty, ZegisiatIve body, board, agency or commissfon having jurisdIcttan which would constftute a eondition pr�ceder�t �o or the absence of which wouid mat�rially adversely affect the due performanc� by the Ctty of its abligatians under tnis Purchas� Con�ract, the �rcifnance, the Escrow Agreement and th� Honds have been, or prior to the Ciosing will have been, d�ly obtalned; provfd�d, however, titat thIs representation and warranCy does nat a�pZy to such approvals, cansents and orders as may be requlred under �:h� Hlue Sky or — �4 — �Nnr7aso�con�sto7�i � n� . . . .-r.�.�.� .. - �aw�..� •w�rw�w�-�. . .'_ . -_ . .. �.. . . . . ... .. r � �i ' � � a � ; � ;�� � i � �. � N� f ! t , ;• 7; i ,{� � a; ':�5,`.i L�`�'{G'1 t til•i� K.1aI. �1''=; �. i;�_ • s�i•5�� �i� �y l'�.1 �' !t t �:�" it,i� :F.� t -•�.�:F,'3;-l�.i•-: •�:��t�'s�� 1� �' - ..1� t�y,` .�'i�Ml�.. 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'.7 r. . �{::,� �{4 � a 3 15. : r � �, �.>"�.... '• ,' �: � ��1�r�1! �t'�.�r�.hf� Y:y• �t��it` . :�r�r., � � �<y„ ��.�`P �. �>� a,.}!�' y*!�w �C�i�w,4�:_ sei'•,i;`;::�F:if;� . �. ��: {. 1 •z �:,:f;.ii� 'i�: .:r Fx�,e!f��:�= I•'r.'; �5,�.4`�� ° ld n�'y .�A.1,�.2. �'� Y'�.�:>��T'3F,�, t )l'.-•�'.4�r.3: t ���Si� � �4�F�;i..;i'#.:lF,S {,��•��'Y:..jy; .4:ti;R.�y�,i"t�z,'r'¢�� ::�;"�,'�;sr, Mi4��;:;, :i�„ }:tf.�.�xs.'"•,.'1�:�i�':it,�.v� ,�:e. �-.�; ��'•;T..r,',. ..{�s��.;.r...�:4i.� t.t:ex�.. .��taq'f! fV�'NM1.,'Hl«'n�1,ifl�. � . t.; ,� ',r . �, . ��t, -.E'< o�' � ,�{ .�-�t5•� r+i"5 � 1 �• 'i.:;i$' i','ir�:i...� .`.,r:Iati;{'�rr.�F�•:rn,'ia�)�,'., �,�s'r.�:.lr� {F i�L?7e'!�f�: e "� ' _ �� �� securities lraws ot any state ln cannectfon with the offerIng and saIe af Che Bonds, nr to such of#icfai aation by the City whIch the QrdinanCe contempZates Is to be Laken from time to time ait�r the Cl�sing. (t) Ti�e Bonds, when issued, registered and dellvered in accardance wlth t%e �cd[nance �nd sald to the Underwrlter as provideci herein and !n acGOrdance wIth the provtsians of the Ordi�ance� wi11 be va�d and legally enforceabl� obligatians oi the Ctty irn accordance with their terms and the terms of the Ord4nance; and the Ordinance wul provide, for th� benefit of the halders trom t�u�e tu Hme of the BondS, a legally valld and Irrevocabie Zlen t�Pon and pledge oi the 1�Iet Reveaues as sush term is deiined �n the Ordingnce. - (g? The InfarmatIon contatned fn the Pre�[minary Officia� Statement s�d the Of#icial StatemenC pertaining to the Clty, the Bonds, the Ordinance and the Escraw Agreeme�nt was and is true and correct in all material respects and does nat cantain act,y untrue staCement af a material fact or omlt to state a materlal fact whtch Is necessary to make the statements thereln� ln the light af the circumstances under which they were made, not mislead{ng. (h) Except as deseribed fn the Officlal5tatement, there Is no �tctiun� s�utti, groceeding, lnquiry or investiga�ion. at taw or in equlty be[ore or by any cflurt, governm�nCal agency ar publfc �rd or body, pending or, tp the �est knowlQdge of the CIty� threatened: (1) Wnlch may affect the exfstence oi tt�� City or the titles of th�ir officers to their respective offices; `=��_:�=° :�:"N�� �g�:��it1'7'A•:�i•'tz'�'-Y�t� ' y�� Whlch ma3► affect or which �eeks ko prohlbit� restrain or en�oin `}��"��;•s�`'�F=y'���zti'`��'.�':`��'=r`"�;•':'�: the sa3e, lssuance or delivery of the �3onds, or the coilectton Qr dishursement of the Net ��3:t..+� +e.,.�,� ��,.: • --�. ��:_ �w�: t,, �.� . ,�;:k:�.•.�.,,�.::_... �,�t�;:;�F� �a�:�::., ti;��t�:..�.��� Reveques to pny the grincipal o� and lntzrest on the Honds and premiums, f� any, and ta .�, ���.;�s• �.1:: g,� ; �.� .:;:,I�. .`;'�'��:.'��'tr�:�:'�.=<; ��`� ;<3:�.; ,?:�;zf;, make other payments un,der the OrdInance; 0 �m t3) Wiiich in any way contest�s or atiects the valfd3ty or enforceability of the Honds, the Qrdinance, the Escrow Agreem�ent or any of them; (4} Whlch wotild cause the interest on the Bonds to be included in th� federal gross incvme oi tt�e holders of th� �onds; or �'���t`���y�''"��" (S) Whic� contests fn any way the compTeteness or accuracy of the �•�l•�:��. i� .fr�.. ����'�" "" ���`'''' Prellminary Of#icis! �tate�nent or the Ofticiai Statement or wttleh contests the powers �� �.-.� 't�;•; ::�•��-��,:�-`.'':'r°;� of tt�e Clty or any authority ar proceedings ior the issuance� sale or delivery of the i ���1�.�°w`.,''.� ��w �� h• f-•:� HoadS, or the due �doption of the Ordinance or tne exeautian and delivery af this c,' :�-:; Y;��vr ����;�;��v��;?%' Purchase Cont�act or the �scrow Agreement ar any of t�tem; : ��.e • _,, .•?, i:' ..� e''� nor� tn the best knowiedqe of the City, [s there any basis thezefor, wheretn an nnfavorable decision. rullng or finding wauld materially adversely �ffect the va1i31ty or �,nforceabfliLy of the Honds, the OrclIn�nce, ar any Qf thetn, or this Purchase Contract. (i) The Clty wilZ furnish such infprmatian, execute such instrum�nts at�d take SuCh other acti�n not incpn5istent with Jaw In cooperatlan wfth the UndenvritQr as HND/?260PConJ91�731 �� , , �—.,., , ..... .. � � � 0 • . � t� �. .�� 'i�:• � .,* �i .e rw`r l. � ;,• f �'�� �:. �;:r ' r •�r�tf4 �Y,ri�t; . ,� .4,'���rf;'�;�2>t'�s .y �'���''�^ i �f +• '.��.�(s;d°i`� �:ai��gf�.Z f�S�i..'��, •.;�`ry�.�l���i: 7 ,. . � ; ,,,.,� ��'�;�4,;.� . •ki� � !� , . 5.,�; s� . 1 , j �,� ,tS'��. 't,�• �.e � �, u �V.'Irsj .��• � �.l� . . ,y, 7 � •'S �r �� : �3•�i..'�.�' i .;: ; ��,°• =.�rs�',-,,.'';'��,� i " 'o:�;'a��� ;fi'r'iqti���'`;;� . �,��a:{��." '�: �� l.,� hr,r' , `��t���*�''��'���1��F.yj�ylnk��r' ��s 2:;:�;,+r��;'��� �.ti�;.::?,��"�, a ��b�r'i3'��'d:���4�i ~ti�%�r;�4:�!+ . 0 , „-.�, ���� ;� .. �>�.� �f �� +� �,'i �. . � �` �i I,�t; �j � �i i ! �, ��. . � `4; i . � � -� �� �; � a�.� :t' �+ .:, • � �� �3 'i ;.;. '. �ir'� � � � �.. ' �. 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' ,.' +Y:y,' I}.5,.'�4 K r��,'� �r. .�1._�'�.c��/'.45L7�s�i'�Et�y�Y,.VN.. �it. :y�.ii��„��� (i f��.���, ;:{° C�":.�; � .. f;}I; ��ry��>�:;;,r�.,.,�;:.r��.'.=' >�'��YJri4 •f��!•l�r.���"r.�. ���r:'sli. } . � ;f,:i ��r�,'!'i.j..s;.�, ��i:':.�i"r:•'�,i��i 'rt��lt�,,.y F.�Ss�y;;�.i; •.+j'C_���i',°'�'° �,� �,,- :� ;' {,.,, ,;,,;r��:"� t- . ,iF ;'�, [y;3.` . ; �rl.l.:ti^.� i�IC�3 4�•J..F �}�df�.'�.� lV i� +' '' ' " i'r k };C{v� �U�'F.�{}•.�i.•.�T:�., � �i1iPi :� �wj L•}. U). ; �; ,�. 1?..e.�!:.7� � 1"i3 •.7yj .w�ia s,�",. .�4:ri'.�s�r .. »....�` f�, ."Y � .. . .:�.� . . i „•> 'i' E' �- ,. .s�' � the Underwrlter may reasonabIy request in order (1? to quallty the Bonds for otfer and sale under the Blue Slcy or other securlties iaws and regulatians of suc#� states and other �urisdlctians ot ths United States as the Underwriter may destgnate, and (li} to determ�ne the eligibl!!ty of the Bonds !or lnvestment under the laws af such states and other juc•isdlctions, �nd w3I1 use its best efforts to continUe such qu�llfscations In effect so lang as required !ar the dtstrib�tian ot the Bands; pro�ided that the Clty sh�ll not be obligated to quailfy ta t#o bu�in�ss or to take any action �hat wauld su3�ject !t to general service of process !n any state where lt Ls not naw so sub�ect. (j) If between the date af thi� Pvrchase Contract and the date of the Closing any event shali nccur whlch would or might cause �he iniormation contained in the Offlcial 5tatement, as, then supplemented nr ament�ed, ta contain any untrue statement of 8 InBL@C�$I fBCt Or t0 OIAIt t0 5�t� ii IASteC��l fBCt X@Cjll�[£d tU b� 5t8tBd rher�ln or necessary to make the statements therein, in the llght of the clrcumstances under whlctt they wer� tnade, not misleading� the Ctty shall noti�y the Uaderwriter thereot, and i! in the reasonable opinion at the Underwriter such event requlre� the preparation and puhlicatlon ot a supplement or amendment Co the O!licial Statement, the Clty shall cooperate wlth the Underwrlter In suppl�menting or amending the Qfiici,al Staxement, the pririting of which will be at Gity expense, !n such form and manner and at such ttme �r tlmes as may �e reasnnably calied for by the Underwriter. ' (k) The City covenants ta comply wtth the requirements of the Intern�l Revenue Cod� of I986, as amended (the "'C4de") in order to matntairt the ex�mptioa t�f the interest an the Hands from federal income taxatton. These requlrements inciude, t�Ut are not limited to, pro�isions which pr�scribe yield and other limits withln which the grac�eds of the Bands and other amounts are to be invested and requlre that certa� fnvestment earn#ngs on the foregoing mvst be rebated on a perlc�ir basis to the Treasur�,► Department of the United 5tates. � � 7. The Closina. At lO:OQ a.m.� �astern Dayltght Sa�ings Ttme� on {$�ch date herefn called the "Date a# Ciosing"), ar at such iater time or on such later date as may be mutually agreed upon by the Clty and the UnderwrIter, ttie City shall, svbject to xhe terms and conditians hereaf, dellver the Bonds to the Underwriter in New York, lVew York in definitivs form (sil the Boncis to be�r proper CUSIP numbers), duly executed and authenticated, tagether wlth the other documents hereinafter mentioned, and� subject to the terms and conditions hereof� the LTnderwriter shall accept such dellvery and pay the purchase price ot the Bonds as set forth in Paragraph i hereof in Federal Funds to the order o! tbe City isach delivery oi and payment #or khe Bonds hereln called the "Closing�'). The uncashed check referred to In ParagraPh 5 shall be returned ta the Underwri�er at the closing. Th� Ciasing shali occur at the oifices ot Smith Barney Harris Upham & Co., Incorporat�d in Tampa, FLorida� or such other place as �hall have been mutualiy agreed upon by the Clty and the Underwriter.. The Bonds shall be prepared and dellvered as a separate, sfngle certifica�ed, fuily regfstered Bond for each of the maturities of ths B�nds regIstered In the name of Cede & Co. 8. Closln Conditlons. The Underwrtter is entering Into this Purchase Contract #n reZIance upon the representatfons, warrar�tfcs and agreeinents af the Ci�y cont�ined hereln, and In rellance upon the representations� warrar�ties and agreements to be contalned ln the documents and instruments to be dellvered at the Closing� and upon the - 6 - BND/7260PCon/910731 !t1.7�,:,i2 '��3E'.Ifi : e. 4 Xvlu�tX �:3 '�e'�..3'� p 1 pJ �±y�.'ishY�� ry�'��� i�;�, .� �� s;f �, ��t7i� f�;' �j� j .�`. ��' �' �,�e 4�1 '�1'}.�����'^ �y;'3 I.j; .7;^ •�;i. 4{,:`.i;., ��r •':E:"';�iy�!i. y�"_.y�:�•• •.�i�� '.1 . '.,�;';,`1r. 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Accordingly, the Ur�derwrlter's obiigation under thls PUrchase Cantract to purchase, to acce�t deslvery of and to pay far the Bonds shall be condltlaned u�n tt�e pecforma�ce of the covenants and agreements to be perform� hsreunder and under sucli atlier dcxuments and instrument5 to be delIvered ar or prior to tt�e Closing� and si�al! aLso be sub}ect ta the tolIowing additioaaI condltions: (a) The r�presentattons and warrasxtfes oi the City cantained herein shall be true, complete and cQrrect on the dat� hereof and on anc� as a! the Date of C�osing� as f# made nn the Date af Clos[ng. (b) At the date of executton hereaf and at the C1osLng, the Ordlryance, anc! the �scraw Agreemen� shalI have heen duly approved and adopted by tne C�ty, shali be ln �ull idree and effect, and shalt nat have heen amended, modi.fied or supplemeated, except to the exten� to whlctt the U�derwriter sha41 have given lts prior wri��en consent and there shall have �een taiten in connectlon �herewith and in conneatfor► with the Issuance of t3�e Bonds a!1 such aetion a�, in the apinian of Bryant, Milier & Olive, �.A., Bond Cauns�i, and Lawson, McWhirter, Grandoff & Reeves, Caunsel tor the Underwriter, shall be necessary and approprlate in connecxion with the transacti�i�s contemplatecf ttereby. {c) At Che Closing there wlll be no penc�ng ar tl�reatened lltfgatian ar pcoceeding of any nature seeking to restraln or enJoI� the issuance, sale or deli�ery of tne Honds, ar the piedge, collsctlan or app�ication 4f the Net �tevenues to pay th� principal of a�d isitere5t on the Honds or tn any way cantesti�g or �ftecting the validity or eruForceabilfty of the HQads, the Ordtnance, �he Purct�as� Contract or the Escrow Agreement or contesting fn any wdy the praceedfngs ot the Clty taken with re�pect theceto, or cantestirig i� any way Lhe c4ue existence or powers a� the Citp ar the titZe o! a�y o� tne m�mbers oi the Clty CommIss�or� or aPfIclals af the Cfty to their respectfve offices and the Unaerwrlter will recelve the certiE[cate ot ttie Mayor and Finance Directar of the City ta the faregoing effect or an a�[�ia� of M.A. Galbraith, 3r., Esqulre Clty Attorney, that any such 1ltigatian [s withaut �erit. (d} Tt�ere shall have b�en no material adverse change in the financlai cos�ditfon of the Clty`s Gas Syst�m Enterpri5e Fund slnce Septecnher 30, I99�. fe) At the Ctosing, the Underwrit�r shall receive �he #oilowing dacumenCs, each dated as ot the Ciosi�R: (i} An opinion of Hryant, MIller � 011ve, p.A., Hond Cocynsel, snbstantlally ln the form attached to the Offlclat StatemenC as Appendlx "�"; {Iij An api�iar of Bonct Coansei, addressed to th� Underwriter, stating that the i.inderwriter m�y rely upon the opinfon referrec3 to ln (�} hereof as tho�tgh addressed to it and tv the effect that the informatian cantained in the Officfal 5tat�ment under i:he headings "'Fhe 1991 Bonds", "Sec�rikp," "Flow ef Funds," and "Covenants" iapart from any engine�ri�g� ffnaricial a�d stati�tica! data contatned thereln as to which no opinlon Qr he�lef needs to be expressed}� insafar as such tn#ormation purp4rts tn be the descriptfo�s or summaries of the �te�ns a�idressed therein, is cQrrect fn all matsriaf r�spects and does not ocnIt any marerial statemenL whlci�, Isi the opinion af BI�ID/ 7 2& 0 PCo r� / 9 I 0 7�! • w�M'�����i�'.`CLi':� . , ��. ;. w�� - 7 - 0 , ; �d• t�.�,:, „ir!^r!i!y+r".''�V"�"y��"!�: � �'" • . x ..� . ,.w...�s..�..—,r.,�,��,• 1 i � w� , ';� :" . �.Y .. 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''�:'::i� .;,;;, �,; -, • � , F Hond Counsel, shoutd be lncluded ar referred to therein and is carrect as to matters of Iaw and, ta the exter�t lndtcated therelnf constitutes BcCUrate and �air 5tatements ar summaries o! the matters set forth or documents referred to therein and further states ihat th� lnformation ur.der the heading "Tax Exemptlan" is correct. {iii? An opinion, dated the date ot the clos1ng and addressed to ti�e Underwrlter, of M.A. Galbraith, ESq., Clty Attnrney to the eltect that {t) thls Purc�ase Contract has been duly aUthorizad, executed and delivered by the City and constltuCes a legal� valtd, and binding aSreenaent of the City i� accordance with !ts terms except to the extenk that the erdorceak�tZ[ty of the rlghts aszd remetues se� lorth hereln may be limlted by bankruptcy, insolvency or nther laws a[fecting creditors' rights generatiy; (ii� the Ctty has authorIzed� execnted and detivered the OflicIal Statemeut; (iii) the information � the OEticial St�tem�nt as ta legai matters reiating to the Clty� the Bonds, the Qrdlnance and the �scraw Agreement Is correct in ali material respects and daes not om#t arry statement whic�, !n hts opinian, should be includeti or referred Co ti�crein and, in addition, suct� counsei shalf �tate that, based upon ktts participation �n the pr�paration ot the OffIcial Stateu�ent as Gity Attorr�ey and with�ut havtrtg undertaken to determfne Ind�pendently the accuracy, carnpleteness or fairness of the statements co�tained In the Off�ctal 5tatement (eY�cept tn the extent expressiy set torth in this Subparagraph (lli)), as of the data of the Closln� noth�ng has come ko his attention causi�g him to be�ieve that {A) the Offtcfal Statement as of Its daCe contaIned any unCrue statement af a material fact or omitted to state a material fact requfred to� be stated therein or r�ecessary to malse the statements tk�erein, !n t�e 1lgt�t of the circumst.ances under which they were . made, not misleading {except !ar the flnanclal and statlstical lnformation c�ntained in the OfficiAI Statement as ta sil of which no vlew need be expressed}, or (B1 th� Otfdciai Statement tas s�pPlemented or amend�d parSUant Co Par�gr�ph {j} of Sectiqn 6 hereot� If applicablej as aP the dafie af the Closing conta[ns any untrue statement of a materfal fact or omits to state a material fact required tp be stated th�reln or aecessary to make the statements thereln, In �he lIght ai the c�rcumstances under which they were made, not misleading {except as afaresatd�; {iv) to the best of his icnow4edge the City is not in rnaterial breach of or material def�ult under any applicabie constltutIonal provision, la�+r or administrative regulation of �he State or the L7nited St.�tes or any applfcable judgment oc decree or a�y 4oan agreement, indenture, bond, note, material Ordinance, inaterIsl agreement or other material instrument to whfch the City is a party or to which the Gity or any of its praperty or assets ts o�herwise subject, and no �vent has accurred and is continuing that wi�h fihe pass�ge oF time or the giving of notice, or both, wfluld constftute a defaalt ar event ot default under any stich i�stnsment; a�d tne executian and delivery c�f th� Bands, thIs Purchase Contract, the �scrow Agreement and the adoptian of �he Ordinance and campZIanae with the provisfons on the City's part contained Lhe��ein, wilZ not ca�lict with ar const�tute a rnateriai breach ofi or d�faulC under� any constitvtloz�al provislan� law, adrr�ialstrative regUla�Ion, �udgm�nt, decree, loaiz agreement, indenture, bond, nate, Ordlnance, agreement ar other instrumenti to which the City 35 a party or to whlch the City ar any af lts praperty or assets fs otherwise svbfect, and any such execution, delivery, adaptiari ar complia�ce will not resuit in the crEation or imposition af any lien, charge or other s�curity interest or encumbrancP a�` any nature whatsoever upon any af the property or assets of th� City vnder the terms o� any such lsw. reg�ia�fon or instrument, except as expressly pravided �y the Honds, the Ordinanee or the Escrow Agreement; (v? the Ctty has the right and �w�r uncier �he Act ta adopt the Ordfnance and th� Ordinance has besn de�ly and lawtully adopted by the City, is in fuli force and effect and constltutes the tegal, walid and binding obiigation of BNDl7264PCo�/91073I �� ii �• • .i'. .:y'; v,'frvl . , . . .�, .,,;. ;;:�a',r';�t� ,�'!G• ,��� - 8 - . . .. � .. ,. . - .�.:;•- ti � � � i � �T F �};5 :14���b� h'�3i'm �`�S, F 1. 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FI.;:f,iY��.l .. the Clty. enfarceable in accord�nce wjth Its terms� sub,�ect ta applicable bankruptcy, insolvency and simliar laws affecting creditors" rights generally and subject, as ta enforceabiltty, to gencral principles of equity iregardless at whether enforcement !s saught !n � procceding in equIty or at law), and na other autharization is requtred far the City to adopt the Ordinance; (vt) to the best of his knowledge� there is no action, sutt� proceedfng� tnqulry or lnvestlgation at law or in equity before ar by any caurt, government agency, publlc board or body� pending or �hreatened �gainst or aifecting the City� nor !s there any basis for any such action� suit, proceed1ng, inqulry ar Irivestigatlon, whereln an untavorabte declsion. ruling or ilnciifig would have a m�teri�tlly adverse effect upon the transactions cantemplated by the Otilc�g4 5tatement or the va�idity of the Honds. the Ordlnance, the •Escraw Agreemeat or this Purchsse Contract� except as described in the Ofilciai 5tatement; and (v[i) aLI authocizatiuns� C0S158S3t5� approvals a�d reviews af governmental bodies or regulatory anthorities then required for the City's adoptton, executfon or per.�ormance of the Bonds, the Ordlnance, the Escrow A�reement and this Purchase Contract have been obtained or effected and, to the best of i�ls knowledge, he i�as no reason to believe Chat the Clty wi1F be unable to obtaln ar effect any such additional at�thorization, consent, approvai or review that may be required in the iuture #or perfarmance of arsy of them by the City; and, In addition, he shall give hIs opinIo� to the same e#tect as set forth under the captlan "Litigatian" In the Official Statemeat. , (iv) A ceriificate, c�ated the Date o! Closing, signed by the Ma�ror and Finance Dfrect�r� ar other appropriate officials satlsfactory to �he Underwriter, to the effect that, to the best knowledge of each of them: (i) the representations o# Lhe Ci�y herein ar� true and correct in a11 material re5pects as of the date ot Closing; iil) the Clty has perFormed all ob11g8Cions to be performed hereunder as of the date ot C�osinq; (!il) exeept as dlsciosed in the Off3cial �tatement, there is �a iftigation af which either of them have notice, and ta the hest knawles�ge af each of them no lttigation Ls pendtng or Lhreatened (A7 to r�strain or en joEn t�►e tssuance or deiivery of any ot the Bonds, tB) in any way contesting ar affecttng any authority for the issuance af the Bonds or the va�idity of the Honds, the Ordinance, the Escrow Agreement ar this Purchase Contract, (C) In any way contestIng the corparate exlstence or powers of the Clty, {D) to restrain or enjnfn the colIectlon of revenues pledged ar to be pledged to pay the principal of, premium, if any, and fnterest on the Bonds, {�) which m2�y result in any material adverse change In the business, proper�ies, assets and the flnancial condltion of the Clty taken as a whole� or (F) asserting that the Official Statement contains any untrue staternent of a materfal fact or omits any material fact necessary to malse the statements thereln, in light o! the circumstances under wbich they were mad�, not misleading; (ivj since Sep�embec 30, I990. no material adverse change lias accnrred in the financtal pasition ar results o� operations of the Clty except as set torth !n or cantemplated by the Ofticial Statement; (v) the City has nat� since 5eptember 3Q, 1990, incurred any material liabilities ather than In the or�33nary course of buslness or as set torth ln or contempfated by the Officlai Statement; and (vi? the Offlciat Statement did not as af its date, and does not as of the Date oi Clasing cantain any untrue statern�nt o! a materlal iact or omit to sta�e a mater;Lal fact required to be included thereln or necessary In order to make the 5tatements Contained thereisi, in �ight oi ti�e circ�mstances in whiGh they were atade, not misleading. 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Underwriter, to th� efiect that il) the Bonds �re nat sub�ect ta the regtstratian requirements af the Securlties Act of 1933, as amended, and the Oxdinance is exempt from quallflr,�tian pursuant to Che Trust Indeature Act of I939, as amende�d; and (ti) based upar� thelr part3cipatfon and the[r revlew af the Offi�lal Statement as counsei for the Underwriter and w[thout having undertaken to determtne lndependently the accuracy, compieteness or fairness af f.he statements contafned in the Officia� Statement, as vf the date ai the Clasing nathing has come tn the attentfon of such counsel causing th�m to beveve thnt �A) the Oftictel Staternent as of Its d$te corttrtined any un�rtte skatement af a materiai fact or omltted to stat� a material iact requlr�d to he stated therein or necessary to make tne st.aternents therein, l.r� the �lgh� �f the c�rc�mstances under which they were made, not misleading (except for the ftnanclal and statfstical lniorination contatned !n the Oificial Statemen� as to which na v�ew neeci be expressed), or �B) the Ofticial Statement (as supplemented or amended pursuant to Parag�raph (j) of 5ection 6 t�ereoi, I! applIcable) as ot the date of the Closing contains any untrue statement o� a material fact or omlts to state a material fact rec�uired to he stated there�Z or necessary ta make the statements thereir�, in the light of the circumstarices under which they were made, nat misieading (except as aforesaid). {�i) An opinior� o# Bryant� Miller & Qlive, P.A., Banti Counsel, addressed to the City� the Underwriter and Underwriter's Counsel, Co the e#fect thaL the Bonds are nat "arbitr�ge bonds" within �#�e meaning of S�ction 148 of ti�e Internal RevNnue Code o! 1986, as amended. ��``�`'" (vli) Written verif�r�t�on fram ; Et;::�,,. ;�.F:;;,_; of th� accuracy of (a? the arlthz�etical cor�putat#on of the adequacy o� the ma�uring ;,��y�r�� princigal amounts and int�rest earntngs �herenn of the Federal Securlties to be held ?;�-�,'-; anaer the Esarow DeposIt Agr�emer�t �nd held !n the Escrow Acco�n� ta pay u►hen dtte ali ���;F:s:.. f^:,,{,, principgl af and all interest and red�mption premiums on the City's Gas System Revenue �2;,�,:�} Boac�s, 5eries 19t33 (the "19$3 Bonds") �nd �h) the computations pf actuarial yietds `'�-'A:-��`�'� suppartln� the canclusion that tlte 1991 Honds are not "arbttrage bonds" within tne �,z `-������� mesn�ng of Sectlan 148 ot the I�tem81 iZevenue Cade of i986, as amended. t.t�,+'•.� ��: (viil) An opiniort, dated the Date af Closing� and, addressed to the -'�� Underwriter from caunsel gor AMBAC Indemnity Corporatlan ("AMBAC"), to the effect �'a that: (i) AMBAC is a stock insurance company, duly organized and validly existing under �i:J the laws af the State of Wisconsin and duly quall�fied to conduct an insurance busIness in w� the State ot Florida; {il) AA4BAC has fuli corparate Power and autharity ta executs and 4� deliver the Municipal $and Insurarice Pplicy (the "Policy") and Che Paiicy has been duly ;� autharized, executed and delivered by AMHAC and canstitutes a legal, v$lid and binding ��: abligation of AMSAC enforceahle in accordance wi�h its Cerms except to the extent ttzat '�� the enforceabllity (but noi the validity} at such obligatlon may be iimited by any ��' app[icable bankntptcy, insolvency, liquldatlon, re�abilitatfan or ather slrn��r law or Y, [• i{ enactuient now or hereaft�r enacted �ffecting the en'.orcement af creditors' rights; iili} F� the ex�cution, and del#very by AMBAC of the Po�Icy �r#ll nat, $�d tti� eonsttmmatian of 's;; the �ransactions contemplated thereby and the satisfaction of the terins thereof wili not, �. cor�fuct wIth ar resut� in a t�reach at any of the terms, eand��ions ar pravlsfons oi tne �:{; Cer�Ificate of Yncorporatton or By-La�ws af AMBAC, ar any restriction eantained in a�ny �, contract, agreerue�t or Instrument to whlch AMBA C is a partp or by whiCh !t is bound or � constltute a deiault under any of the farego�ng; {iv) proceedtngs legaliy required for the �; issv�nc� o# tne Pollcy have hesn taken by AMBAC and licenses, orders, consents or other HND/726UPConl914731 :;,� .. . �F, �i�. 1 � .. . . �-��-. 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' "r ; �I`! .�...1� .^«�i!°i�l, irY f' ��, 3�"x.1 S�t �}N�`f�'..°�i+�y�d,%:}:�".�:l�.��w`�'i�1.9•. �#?��:'�te�.. � %�( .�rr:.�•��.r�<+R�;.'4�l ,L.. u�7y7���k'Y`' y:�ic�,f�':.i=':a��� F;��"J.i .it�:i�`��' �'. }�G ',• ys': T.iY:�.•� i.S.s:;h'`r � 1l���;4:S�+,i�'�Y:�?.."�.}} �1 y 4t � ' ��: .�i; . . ..� , '.Ix� ,��}; "i °�s.'z';�'i ��L�v.. 1'��.ty..if. 1 �xi . Y �F5;2.�'.., W . ��y ('r 7.. 1,1."I' ' ,yw . . ➢,���'s i? l��l,y,"j• •�'•k �?'-j.!`���t'Ir � , .~T�''ItF�: aS �:.b��i^�i.,i��.s�.':'��`�.."tr'4�ir�a'It.+:.��1'c .i � ;1.��.,. ..1#" �l•� . ��?�I. 't' . '1'�;...�F•.�'�. ! }�.-!•.3 �` r."'s' �'t ,.l.t '.{'�t. °'�".:!'�:`�S, �:i� t'Y •�r�: �'L'„ �4' .Sit�Ak.I:t�".�'�:;'j,, ' :�:;' :r�' .'E .r ��: j,r,,. ' �-.;' :'i.::.<-..:��.rF,:;j',�'-Y�'. �s�- °f .t, �f. '� � ,, �r', f 'ry{;"'=:�.' ';;�=i,.• ..``,�.`+ : �...s,`,:��';,,'• ,:r =.r'. l:r.'.:n4. ��...�-�.�:+e��z'S�.wtk+�c�wirimrrvar�w�:`._. ..... . � .........:y:.....�.---.,.,,.....,Y... c authorfzattans or approvals a# any gavernmental boards or tyodies legally required for the enforceabllity ot' the PoIlcy have been at�tained; any praceed3ngs not taken and aay licenses, a�thorizatians or approv�ls not obtained are not material to the enforceabillty of the PoIlcy; (v) the statements cantained ln the Ofidclal 5tatement under the heading "Munlcipal Bond insurance" and In Appendix "C" to the Q#liciai Statement, lnsofar as such statements constitute su�amaries �! the matt�rs refetred to therein, accurately re�lect ar�d falrly present the lntormation piirported to be shown and, insofar as such statements describc AMHAC� falrly and accurately describ� AMBAC; arid (vij the form nf Po2icy contatned ln Appendix "D" to the Offtcial Statecnent is a true and camplete copy ot the form of Pollcy. (ix) An opinlon� dated the Dete of Closing and addressed ta the Clty, Bond Counsel� the Underwriter, Cl'nderwriter's Counsel and AMHAC� of - • , counsel tor the Escrow Ageat, to the effect that (i? the �scrow A�eament has t�een duly authorized, executed and dellvered by the Escrow Agent, (!i) constitutes a legal, valid and binding obilgation a# the Escrow Agent anfprceable In accordance with its terms (except as the enfor�ement thereof may be affected, by bankruptcy, Lnsolvency, or other laws or equitable princigles generaiIy a#fecting crediC�rs rights� and (llij the �ertorrnance hy the Escrow Agent af its obiigations under the Escrow Agreement wili not conflict wlth� or result in a breach of any provisfon of its Certificate oP Incorpora�fon or Hy-Law5. {x) Such addixional iegal opinIons, certi�icates, instruments and othar documents as the Underwrtter utay reasonably request to evidenr.e the tnzti� and accuracy, as of the date hereof and as of the Date oi Clasing, of the Cit9's repres�ntations and warrantfes contained herein and of the s�atements and information c�ntained In the Official Statement and the due perfarmance ar satisfaction by the City on or priar to the D$te of Ciosing of all the agreements then to be perfarmed and conditians then to be satisfied by it. {f) AMBAC shall nave lssued its policy to Insure the Bonds and Standard �t Poar's Carparation and Moody`s Iavestors S�rvice, Inc. si�all have assign�d their munlcipal band ratings of " " and " ," respectively, to the �onds. (g} �vIdence that First Union National Br�nk o� Florlda has been approved by the CIty as the Paying Ageat and Bond Registrar for the Honds. A�1 of the e�Idence, opintons, letters, certiflcates, instruments and other documents, mentianed above or eisewhere In this Parchase Contract shall be deemed to be in compllance wIth the provlsions �ereof i�, bat only I#, they are in form and substance sa�isfactory tn �he Underavriter and the City. I# the condit�ons to the obligatlons af the Underwriter t� purchase, to a�cept delivery of and t� pay for tha Honds contained [n �hls �'urchase Contract are not satisfIe�, or if rhe obligations of the Underwrfter to purchase, to accept deFlvery af and to pay for the Bands shall be terminated far any reason permitt�d by thts Purchase Contract, this Purchase Contract shall terminate an� nelther the Underwrttec nor the City sha11 be under anZ� f�trther abllgatlon here�nder� except that the respective obiiga�ions of the City and the Underwriter set forth in Paragraph Il hereof shall contlnue In fuli forc� and effect and the dePosit speciited L*� Paragraph 5 hereof shall be returned to the Underwriter. - 11 - HND/726UPCon/91D731 ,,._�L..r--� . ----� - .__ .. . ; .....�..,,.._ - - - - - - . -. . � . . ... , , .. . , , � _ ,..... . ,., � �1 . 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't,��.. �a"ti t .(.�.:j' k . -�i -��� 37' � �{.5:-�` 'I:f`A}: :trdrF7��'1's.-:i: i�.. �'e., ..tt.a��" r,;;-;"�'�5::_.���[, ' a,��;. y�Mj �. �� e3�,;, �{n�3 �.3�+ �2^ . � .,c,C.� �t:�s j� ',€. t.� '� �L'�,+-"�k-'�i'-• �s �i:".S `��'e:��.','.:�' k':�t�' ��t��dS:�.�r1',��;i :.:i'^�^�' S 1'.1'V �ti7i� � 1't` s . 'i": �'t�� x " .��T j'l,EA ��� ';i,;. .,-�f :,r, 4,1'• „s`� �+- ':i". p,i. . .�. ,��� �. �rp. �i �N -T� c�i`�� •�� .kY.��i � h• r.% `'��;•Sf`::d".; ��i: .'S.,R. �'�, . I'� ''rSY iI: .�'^'y' :�r". uF�S�`,�.�• .�': Y.`:ti "a���^� .�' .�� i rs ��` : ♦ 'a.t•� :i''.+�h��` •�� ��'� ,i'' ;( :':.;�'�;Y �.. � k,;�,r.l.,Y�� .��• w_ i • �tr zi, .,�` y�3���1 � �� ����' .s. ,� `�'> f.�r," d':�� ..s""�' ;i.''i'' � e. '.'��t�a .��` .`i, '�'.' r� t F �, i a^s°'� -,�}i'; �a: ',=,r, ��. .y ,� .:' �:':��`r" ,r��., y aLa� „I.�w� .��-�. � i .�° �>., t4l �r-`•i-• �.�.'� ,'�'r''i' „3Z�± ^[ .rrt.' . . ' ' ' '�� - 'il..` i�i�f�,jE.,;-�t!�}�;r5.. .,,:r�j •�'• ?:`�F �„: rs'}dFy��r� :i • ,, ��` . . .� � �s:; , ",, • . '•; . . �.'� r5. ; t �,.` :4 �:•"' ti i'. .� , ,,� E :,fr,.�� r °"'»�,# £7��j F5�jj}�' , ��l.. ':' �"', �..�tS� 5;,, ,� 'r:... . . :� .. ;'� V , �IYL ,�i�'ii ie g .�!( r��. � .�L � iJ�:}�. �t."' �,�. �i , . r ;..;Y�4:;';�it:..;�..Y; ,,a,rh.�. .:�.�.,. yJ•�,e:�Yi? r +.'({� y'� r en �.,':� ''.. i . . , . ' . "�: 1..' iS f...s Y �Y.�"�.4=aY- r ��'`��"<'+i� `i �L���i'�.l'�:16ii'�">'Sii61�'.aJ.,n.,......�.........,....-.....��........w....�,..�..�.�. N�.t�i.a�-rn.»,...�„.�'. . . .'_ . �...-.....�.,,..: �ly:+r:.:,.+�i�.::...r:..J:+..C..L� ,� y - , t• :4 "'1t�� � +.� 9. Termination. The Underwriter may termGxate thls Purchase Contract by notice to ti�e City in the event that between the ciate hereof and the Clasing {a} te�islatiat� shall be enacted by t3�e Cangress af the L�ni�ed 5tates ar adopted by etther �Ious€ thereof or a dQCLsion by a court of the United States or the 7'ax Court of the United States shall be rendered ar a ruIing� regulation ar otf�cial stateme�►t by or oa behalf of the Treasury Department of the Un4te� States, tha Inteirnal �tevenue Service ar other governmental agency shall be made� wlth respect to Federal taa�tlan df revenues or ather income of the general character expected ta b� deriv� under the Ordinanee by tt�e Clty ar upon fnterest received an sacuritfes o! the general character af t3te Bonds ar which wou�d have the eftect o! changing, directly or tndirectly, the federal lncome tax consequences af receipt af interest an securitfes of the geReral character of Lhe Bonds in the hand5 oi the hoiders thereof, wttich ln the reasonabte opinion ot th� Underwrfter wauld materially advers�ly affect the market price of the Bonds; (b) the Unfted States 5h8I1 b�C0II18 �ngaged In hc�stllities that have resulted ln a�er_IaraCion of war ar a natianaZ emergency; (c? there shall be In force a general suspension af trading on th� New Yark Stock Exchange as the resuft of an event aff ecting t.�e n�tion�l economy; (d) a generaI b�nking moratiorfum shail have been ,�stabIfshed by feder�l, New York or FZorlda a�thorlties; or {c} any event shall have occ3srred or shall exist which, in the reasonable apin�on of th� Underwrfter, would or infght csuse the iniormat�on contalned in the Officlal Stat�ment. as then supplemented or amended, to c�ntain anv ttntrue statement oP a� material f�ct or to omft to state a utaterial tact required to be stated thereln or necessary to make the staiements ther�in, in the light at the circumstances under which th�y were made, not mfsleading as �� such tirne. l0. E�enses. {a} Whether or not the Bonds a� e soId by the City ta the Underwrlter (unless such sale be prevented at CIosing by the Underwriter's default}, the City shall be obligated ta pay the following expenses: f1) the cost af preparing and printing or other reproductlon af Che Qrclinance; {lf) the cast of preparfng and printing the Bands, the Prelfminary. OflIclal Statem�nt, the OfficIai Statement, any HItce Slsy and iegal Investment 5�rveys, �nd thls Purchase Contract; (lii) Che fees and dlsbursements af Hryant, M�ller 3� Qli�e, P.A. Inctsrred In its capacity as Sond Counsal; (iv} t�e fees and dlsbursements of the Paying Agent and Registrar; (v) costs of the escr�w agent; and (vi) the fees and dtsbursements af any other experts� accountants, consultants or advisors retai�ed �y the City. (b) Whether or not the Bonds are sold by the City to the Underwrfter , funiess such sale be prevented at Closing by the Clty's defauit}� the Underwriter sha�l be abZigated to �ay ttte foliow[ng expenses and shall be permitted to pay such expenses trom theIr discavnt: (I) all advertising �xpenses in connection with the public affering ai the Honds; (iI? the fees and disbursemenCS o� Laws�n, McWhirter, Grandaif Rc Reeves, CotistLSel ta the Ut�derwriter; as�d {iii) all other expenses �ncurred by them tn corznectlan with the publlc offering ui the Bonds. 12. Notices. Any natice or other r.��,imunication to i�e given La t�e City under thls Purchas�e Contract may t�e gtven by delivering the same i� writi;sg to the address set forth abave and any notice or nther comrnunications to he given to th� Und�rwrlt�r under this Parchase Contract may be glven by delfverIng the sarae in wrlting to Suiith Barney, Harris Ugham & Co., Incnrporated� A�tn.: Worth T. 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"M19•e��r� ' ';� ,r(: ! -y-�Sx;�s��J._ .... �.�,;:.r- p��y��.. �:�� •d ��: ,iiJ' r 7�:.�a• f �4�A� ...�� s,"C�:�•. �szt:,st .x,,;..,r, f�`'�i..�... •�.R -';,.�M: 3• S�'i.:..t,:,:� �' ., "�� �.�C-°::& '-iil• �zs�` � ^'� ��'s ��•.Aa.�.., n. .�tiN" 3 a' is. �.. 1 �• gty� <i` ��}i. •�'�G„' � ti, et �,� � �;i; . �f.� 'ti i`'r'� �' a. ,t.' ,:•w� �'.:� �r ��}M '.z: �:� ��'� . �'�"���, ::'� �'s�: �"-��` . � � i •" � a'i=H.. r .terc � ''ei.% r .ir�. y � � ..i' 1 :1,::['.•.;. .n.4•. L �a?� d�, ..�, t l�� '�' :t �,� .� ;}.. _� �i?�` 7�..�'m,t;+ I',.. -.a„S.c .i'4E".1'.' Z`• . 3.. .�,�%�'. F �.'a 14� :ie. .i.. t . ,'t• .:'1.�. yc4� � a,�.i,.. .. i�.,t a,,y".rY'F.', ti}}' �f�;ia a„ �..rr. j', �`�s�i'r.1• .�:1F �li�. ,7 �,.c..;r�.���:. .ti!, . ��:ti�'.11i. �4�1i.`S + �� , tt�' (� �.i„ � "':i •;;,`'ty�'; s' :,�,'' • ' :.�.;�")'`l:': "�'v :�",:-r�+�9r•d)?�, r.i.����i#��r� '°r' °i�,rY� � 1 �. �". '. " J.� p�,r' •`' �. �� "F��+.�� � xYA.�..�:.�.M1�:.r���R'i:A..,.: ��T�7�.i�f��� �ii�t�• ;��` :�.5�.. ±';!�',j;P. ,-tff��i, � �.�. ,':1.,j�', t' ,�M; 4s� �, t'.f�'�! ,4i�"�i �a: y. k,� � I' �i:i. q� �.�{t �• .�� . •:�,` :i:�,. .. � l:,, � ,� }',f:..�;, r � .� ��r.. 1: !'�.-r�.l3� ,31�'� .� ,', it:' • '� •, ;=r . Jy..Y �`;��Y..: F�Ii�i,�:•gf �.�n 4:�;i� "r t ��• .,t=� : e. !�,; =�:` : ��t.. �r'.i � �'+'.' {'�� `; �.: '.,� �'' 'Iv r;l?r '�'--�...._.�......�� ..��'�t. `R. Y[�'.�, ,'f�.;, . �, i.. •.'', .:. �^, .' . , . � .: �•� ..r �`• � �• ' �°Y.':�1�', ��,} }('� .�. - •_ _ . :i.f:i�tlr?k�C.+:vri��:J:�1ro{tti.a!RZt'.:Gi�r3•u,sd�4.�i�s�r:ritw�w.eanl+�4ne�i�r.�te�eNt�itilttS�hC4�' 13. Farties in Interes�. � ' (a? Thi� Purchase Cnntract is made solely far the benefit of the Clty and the Underwrlter (lncluding the successors �r assigris of the Underwrlter) and no other person shall acquire or have any rtght hereunder or by virtue hereof. All af the representations� watrnnCies and agreements of the Clty conCained in tktis Purchase Contract shal� remaln operative and In fuIl farce and effect, reg�trdless ot: (i) any inv�stigatlons made hy or on behalf of the Underwriter (ii} del[very of and psyment for the IIflnds pursuant" to this Purchase Contract; or {iil) any termfnation of this Purchase Cantract, but only to the extent provided by tYte Iast paragraph af Section 8 hereol. (b} Na covenant, stlpulatioa, obligatlon or agreement contained in this Purchase Contraot shall be deemed to be a covenant, stipulation, abllgatfon or agreement of any mem�er, agent or employee of the City Commisslon l,n hls lndividual capacity and nelther the members of the City Camn�ission nor any official executing this Purchase Contract shall be liable p�rsanaily under this Purchase Contract or be subject to any personai ifability ar accountablltty k�y reason of tite execution hereof. 14. �ftectiveness. Thls Purchase Cantract shall become eftective upon the execution of the acceptance hereot on behalf o# the Clty by the Mayor and attestation by the City Cierk, all in acc�rdance wIth �ha requlremenCS set forth in the Clty Charter, and shall h� valld and enforceable at the tlnae of such acceptance. 15. Counter�arts. This Purchase Contr�ct may he executed ia se�eral counterparts, which together shall constitute one and th� same instrument. 16. Fl�rlda I,aw Governs. The validlty, fnterpretatlon and performance of this Purchase C�ntract shall be gnverned by the laws of the State of Florida. � 17. �ntirz Agree�nent. This Purchase Contract when accepted by tlie City lri wrltIng as heretofore specified shall constitute the en�ire agreement between us� 18. Heaclln�.. The heac3ings of the Seetions of this Purehase Contraet are fnserted for convenience only and shall not be deemed to be part hereof. SIrID/ 7260PCon/ 91 Q 731 - • � .T'. � .V e - ` • . � T�wr��w� � , r � ` . 1 . . ! Very truly yours, SMITH HARN�Y, HARRLS UPHAM & CO., INCORPORATED By: Managtng Dfrector and � Autharized Oificer 5mith Barney, Harrls Uptiam & Co., Incorpora�ed - 13 - . , , ' . , .. . _, •__'""_' _--. ��..-...--.. ....r� . ��� � a��Y'x�..._ , ..l,� .�t . ��w,.� ��r j•r . ��♦ �, � �� ^' �1��.�.� ., .~l 3j `.r.^,r� � i f 1. v t.yt�y-,. . .e, �� ' � ..i , .+yn�-.,>� -.�.����'. >>a�stia,: {e ,���,F`ff ��ye1J�rki "� �:itC'�.Y;.r.S i,: :1�1 S•,� ; �,:�� � � u 1 � .S�rii�'��'i�'y.1jf� �"� lp,'C� � t ...,P�°'.��,;+�`i�.. i".��(�;f'.:, �``�.ij.�i�:� t i .�t,'�''�?�'�u.;��t:,�,�r�, `.. i� "'f�fi ,i :�`i;yr`� E4. E. .�Y'� a`��8lteog��l(. Ei '�',,'.. � . �, -,��,:, . {`'„�. 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''���.,�>,! . . ;';� ,',� :� �.,-'' �� . �`��� �"3t�' �t��. •f',.`'�.�_�g�.� Y,:,; F ;�,i;,,_t,, ..-,, ','�:: .Lt�'q,'f r'R', �,f,1' r `.r ^i?' y �r.'�'��3< <,v, '.1; , J.�.� i..i•�:r`.,�t��'9.;. 1, k .. 4: •, . ; �.� �'� j,,�= r x , , '. �`¢ �}4� y. � ;� i'�k• ai' „°::�; �; :�� �: �'` �'� ��� a,fZ��4i..R?'4.'�A�p�j�'�" �� ,4�:)��,�6«" ��.�.'il : k,� . � � � s .,': . � t• ':�,-}•!;y�f'i�L . •,�' �;;i': "::�'? �su.�.x' 's3�•'� 3y,;t;� �....�..!`:�r. 4�;"�'�_Y�•1.��r' i'�'. .,i . ' - . ' rer . � : ' :�3., °'� %ir%.v r .i �: �" . ;�'�i;y ��S�a., ;p,T,_ YP ' ��h�j i1�` '.i "�4r�7,.,�.'.;,� ��` :�':�.�'•�i -��J:'r`,•,:N'a�.'1{,� -�.;�, 4 �} � `' 'S':il g ` '1 , +,s ;?•� n, � �,� 4��.��F��`� '�.Iy �. .fiSi-i�i'34n.•: � �%.�f���Y:�'E�x° f����� i,� `tijtc I ` , }: . ;, , �° ,�;i�' ,;'�,>,,. � ',;� � : �E+i.�. .vs'..? ' i.�;•;: .. yr,{ r� ���3L'�� '1s` e.1. '� a7� ' t . . ,, r` = i„r�:',�.«::i'F�.�.L ��� P�r;�r�iif' .��� ��:F '��,' '`i�i. 'E;' ��. '?; �� :f a �,i��7��� `r°+�,'i'�': t. , r..:•'�''��,..":r.^.Y.:, ,.i' ^''.�...��.,°.'_�.:+ ..,i' ,�1, 'e�r•'a'�' W �r. ; �pir� " ` .. .. . '' k� ,�<<C� � a;. �4f�aHpiriv.i�4»ti.:r..�.�t:wwe.�sr+..•`w�wa.�,rw.,:w.�.�w+..i...--..a:.�.:.� �'J..... .: u� �:� e i L..y.:+. t Appendix II Mandatoc-Sr RedempS:fon. The Term �onds maturfng on and , Cespectively, are subject ta mandatory redemption in part prlor to maturlty by lot on any on or after and respectively� at the prInc#�aI amaunt thereo� (wltho�sC premium? pIus accrued interest Co ihe date af red�mption� trom funds wn€ch �he City has c�ven�nted to depasit in the Band Amortizatfon Account ln the SlnkIng Fund tn the �mounts and npan the dates specffled as follows: '�erm Honds Due Term Honds Due Date of Redem�tfon Amount Date af Redemptian Amount Money heId for the crec3it o� the Boad Amartizatiqn Acct�unt is required to �e applied to the retirement oi term ahligatlans as [ollows: :�; ( I j 5uhf ect to the provisions of paragraph (31 �elow, the Clty may puz�ciiase �; � Term Bands t��ea autstanding at Che most advantageovs price obtainable v�rftt� reaso�abte � �F� dll�gence, such price nat to exceed the prtncipal �of stsch Term Bands p�us the accrued interes� to the date of dellvery thereof. The CIty is req�ired to pay the interest accrued s'i on such Term Bo�ds to the date of delIvery thereof from tl�e Interest Account and the f purchas� price from the Hond AmortizatIon Account, but no sttch purchase may be mad� ��� b�� th� City within the per�od a� 45 d�ys Immediately preced�tg any i.nterast pay�nent �;` date on witich Term Hanci� are subJect to call for redemptton, excegt from maney in >- excess af the amounts sat asi�e or dep�siteci for the redemption a! Term Honds. �� _ (2) Sub�ect ta t�►e provisions of paragraph (3) belaw, whenever sufflclent money fs on deposit in tite Band Amortization Account to r�edeem �5,000 ar more princiPal amount Q{ Term Soc�ds, the City may ca11 �for reaemption tram money ln rhe Bond AmorCization Account s��h a�ount of Term Bonds tt►ez� snbject to redem�tion as, with the redemption premium, if any, wf1l exhaust the mo�telf then held in th� Hond Amortfzatlon Account as nearly as may �e Qracticable. Prior to ca�ling Term Bonds for redemption, the City I� req�tlred t� �zrfthdraw from the Inter�st Account and fram the Bond Amortization Account and set asIde in segarate accowzts ar de�sit vvitri the paying agen�s the respect,ive amounts �required far paying #he inter�st an and the pris�cigai of and redemption premIum applicable Lo the Term Honds sca called for redemgtian. (�) Money In the Bond Amortizatiion Accovnt is r�quired to �e �gplted by t�e Ciiy ln aach fLscal year to the retirement of Terrn Bonds th�n outstanciing tn the failowing order: {�) The Term Bonds of each series ot Bonci.s, ta the extent of the Amort[zation fnstailment, if any� far svch Flscal Year for the Term Honds of eaah such BI�ID/?260PConj910731 , . ..r: ,,.;. `�, . _.. . 1 - 16 - _ . ,.. .- • �.�. �. tl t ::.���t a ��i s���sk; � . . ��; r tiryl ' f! . � ..'.t; �y'i' '. � '� P;, � i' l.�i � �. 1 � �i; { Y�� � � .4� i.� �:�i'�� � �� t i. i_ �'� ,;�. ,d[ 1ti;y�°y? '�',���;;y� ��f�_:Y� 1'. ..•�'�'� ��:�•�,� .:•�'4�� ''ft' Jr��.r';' y,�y i.• A � ;3�.�•4,.�f�•�� � �.s �' -�'�.a {,:'`:y`�;'' I a= � ;,.' 3�� �.,.�, .,.�.t� i ����.tsys�•y,tiY'�`r . '�t�'��,f ��i�l, Ci� ���.,?��. u ,� � x.; _ • �.��;; ���,1� ��� �-��,� .. � e.F}��`'�},�;.%2�t �x� �.�s�� � � y. � Si ' a�'� ^Ri} i•`'Kt.i�•A�e r ,. 'Ss"�.. �f`s"'�Fi"t�' r�' js { ` �. 4' 1 Y�='` �, �:��"�' ��Li`4•. . y�. ��� ��' y � � � � ;� '�'�",'1 �r�r,gr?'fKj"l'��Wt�,�!?�t�vf7T;«a':l',r„x�t �.. Ktw... ,•h.,.;4`:r'•�f�:5�,,t��..,i.3S�y.�r.;�,.�ur�' �!}','w,.'�.",is^�'+'{tr,�?�t'�t`f�'l�tr��F°n'�.`?re�E',i;�,:�f:d����•�v-�.!�.�i�•�....'.�'...:�;M' .. �!`,;N��F.IS��rk,.�2�rr., �i I `��1'tl.t4�' �til,+t L'+ � .+, . . . . . ' ` � ' � P' � }r ���:r��.. �'i�r���s�.� s.>.iL� krk�14 wi' `�.J .�. "'� s.���""(„'�„l` s '!' ,'i. }q "�' :'�w 's�tii��'x<i"':(�c'r.��a�"`'��; VFl�. t '�� •4 . `-�� . r � ;. �. f f lI;7_� i�� � •:r; �� %.4�•.:.. . �.,�. �V'�� �k.`° 1� .?', .:e4'i� !`�. ,:i, .t. '�' ••ii•:.s+es.:.�• �•. ,�, ' - '•r,.,. r•�i '"�.. .E•�� b �` � �M x. �*L e ,„L'a: �j'.JJ� i. `�3 : ....i�': a:.� }':4.:�_s�'f .}: :�°�' �t,. ..,i ' �t e �'s�y ± �}, '�' � , %1'" '?` y.'�!r"rLj'.' "•;�� ��';,�`'"�`�'�i�'4' .., ;f„ ri�,;�, "s;.�;'•.�'�. .��( .r f..a�ip � �..��'j � �-ti.' �'f,"�i��., t.{ :3 `r t2'. �r. �w� `��f.: sr r'� . :e; :"S..'-�`��: .'�`�;.ti .H•.�"°�•'�;�°.. .r,r.f � r, `r�� . . ... � .,fi�.�'�t^Srti�i.�i........5. �> .�.�,..�'E�e.�r.i'... rc.'4:s�. _.,Y:.�. ..irY., . ,. : �-,,,,.tr-, , .. .1^a°, ., .. _.. . �,....t..�.,iZ.t3. �>.li..1._ai�...s�`:`a��st�;•:Ft:r.._i�Y:.l�],�':5i±��1'.;..�"f:w�t�.''�s.�'.L r �i . �C a � �iM . , � ,� o, .. .... .�. t� cw�. :�Y*�'' i�-tii :, � ��.r F5{ j�`� �kir?� .e�.., �,�. ;� � F ,., : � {,..+- fi ��J � �". ' 't��� � ,�'�rY•' i•� .?k T! _�,a l�i�it`,t.�;5���� _ i �;��p'`�t`t'r�'.',>�i�;'�.ti., 1 �� „!�s �r�,�';•;��.,e� •; y. ; .�'�y .�^�Y1�: �1�•,`���,.. . '1`�"�v 1 5� ,v � �"i�� � � . �'- ,'� .;;i i:.: : { � . ' ��� F �+�jq ' ,j• • ' • • °�•�rL'`.I�e��' .:j,`.` . �E,77x� �..i?"• !St � t;�;��r' �;__�`,",' , 'Y,���F `:i`i { `.� 5 . S��y,.'�;s'; ' ''t', ., �•i1A i����:Et���� j'}1 ��� .J.;.... 7t' ',.Sa,�,.,," . �.;�tf� �, :: �,`-�`± • � -. �:'t �'� ; �:�i.?a,° :;, . � �,f.;`; ; .�p� ;'. , �;�f' �'�. 'Y::. .�i._..� ;41;`�,��.�k;�;M:;;; •,•}. j 5 �• :" �: `. � *'; 3.; ; ." , ;*:j�. - � -: , . �;.:; .r�, ��.. �.,s�.����,f:' •i : j.. . . ,: ', � "L' , 7 : � � `; � 4; 4 � y y . �t" tkz �:•',''I'i� �� , � t !'r',' F:,<l�: ���'�ti`�:.+13ti'.�:.t.. � I i• M�l.[.,N�.�� �•.:e.fl�^'4��,M t•?y�:14�.V`j .��t:=.?�i :I�:E'•��•..r»1'':r:�![:,'.�:7-:«`�i(.i'y'pz�,'SF` .i.Af�t'tF�;:�'r.�r�4�� y '.(r••♦ ` % S.. ,�.1 �.1r�1� .1�y 1 .A.liy-.`.Y.Y-1�C;���'" '�'�,::7j•.C��'. ,_� i�.`�:�r�„�:".''d:��;��"�. T�i� �' }w, 1�,�5•..5i ���.� it.;, �:w41} 4�.. i:.`.r .ra ���'t.t. �r.� ;F!.=, r+� �,.r �:.r:• F'. ti.. ,J .,�,F.Syf���.ti,.;.e{, �:iz';;j5, ; �,�� �'J.t.'Cr . t'sti'.�..f � �l��•,�� k�i+'HF<5, � �����`"j f i.�:. .'IS �^!1, l. �, . ;� . t.. . . 1.�:' �,�.-:� �}'i'.{�l.�"�-��'< � �}':' pY<rS.i:.t���;��:`�rid: `� ,�•.tir�� rt�." '',. ^'�~��4 i r�����.3:° '''`� 5:,� r� F. �3r" ��' 4���,+,f1�t�y;� ,r : „r, , . �� r,':'�"r. , . � t l ! , b..T «�. i^�L ,M'i.., °'�..,}.FY��LJ'':;'Pr�;� ,'r4FY-'.eft °.t';:r. ,j{as�...t:..».a.. �Ir..t.t':'f .��� 7>•``�� �'?wi�i� •.>r� •.r �.� _..y:;�r�.'ifA41::r'r't _ - -F�N«,a'r�'��}i���+�i,r:F.'�j �g•r# ¢ t.. , .�. . ��i:.< :�,r..` 4.e�a: , ; . <'e::;,i;a��,,,i,:.:1:Y ^;�,` trt:: e;'�4 i�.,�,.:�:' t;. .�,y t 'i. ., ..A; �?3:`` "�' F'";;"r� t! �r . ,i.l y�(iytE�j.f �•y j 1�i ; �i ,l.a..j`.4. i'i r t�'..Il�t�r'^�.�.YI l.% IS J !}��.fi ! .. , _�..�r�a��.u�...af..�r�'a�_".�..�... ♦.f '!��'�� . , i .. ... ' .e.,�t_r.�—•.�t��.:. serles ther� ovtstanding, plus the appllcable premium, lf any, and, ii the amaunt avallable 4n sucn Fiscal Year shali not be suf#icient thereior, then fn proportion to the Amortizatton Installment, lf any, far such Fiscal Year far the Term Bonds of each such series then outstanding, plus the appllcable premlum� ii any; pravlded, hawever, that if the Term Bonds of any such series are not then subJect to redempt€on trom money ln the Bond Amorttzatton Account and it the Ctt� ls at any ticaa unable to exliaust the money applicable to the Term Bonds af such series under the provlsians of ti�is clause or. ln th� purchase of such Term Bonds un�er tt�e provisions ot�paragraph 1 above, such money or ttie balance aE such money, as the case may be, must be retained in the 8ond Amarkization Account and, as soon as lt Ls feasible, agpiled to the Term Bonds of s�ch S81'�@5; 8[lC� ' . (b) Any balance then remalning� other than money retained under the first clause af thIs paragraph 3, Is required ta be applied to the retirement of such Term Bonds as the Clty in its sale dlscretlon determines, but only, in the case o� tt�e , redemption of Term Bonds of any serles, in such amounts and an such terms as may be � provideti in ttte resolutfon ar ordlnance authorizing the tssusnce of the obltgations o! such series. The City is required to pay #rom the Slnking Fund a1i expenses in cocuiection with any such gurchase or redemPtion. 4ptfonsl_ Red.em tp inn. The Bands maturIng in the years through . lnciuslve� shaIl not be redeemable prior ta their stated dates of raaturity. The•Bonds maturing , and thereaft�r, shall be redeemable prior to their stated dates of maturity, at the aptfon of the Clty, in whqle or In p�rt, and if in part, ln inverse order of maturlty, on • or on any interest payment date therea#ter, at the redemption prices (expressed as a percenta�e ot the principal anaaunt to be redeemed) set forth below, tngether with accrued lnterest to the date fi�ced for redemption: Redemptian Period B1�ID/7260PCon/91a73t .��e.. ,i��!�! , . I . , 0 - 1? - Redemption Price n . y _. . •.. - ew � � �' , s'��i`,��� ��,�'''�� `.����Y,,,�"�' '+ '� ��3'r:i}�'�:..�.,�. � �;��, � �.,;�_ i ��4f'i� i�c, r'�; `iff� - +�,�'�,E.' •r �,,1 �' ���?�`4� ��{�"�� w}is'Fj �'�`. � � ��',"�:,�`'.��`� ���-i,��:�'�'�t� .�� L F i{ a Pi x 1 �►� � �,� ,.,�¢� ��,���,e��� f { � � h.3r.� `i: M,..,,.�'li Y f������ r i � ��st' �� �� �� ;� +�p ,.. a �'' , . �S' � V �1f �. ��l ( �� � •� A .,�,. �. � �:��ff �3 r ,'+s:ryY��r�{i Sp''��;�� ` . . i �`� .�'�:�'.. �- � ;{ r'a,` �},..5 p � :. t , ' � j �;= r.'�, ... ' � : t '.i;:�Ya ie'3�•✓: 'i '.i` �%,'` .'�.�=.:.t5i.�". ,F'.s 5�� �` '.`, i;:4�,:1:.Fi���Y�••: . '{;:'�si�' ;4��; �:'1'�f +• ' ! „j� q. �i 5 4• }ir��y�n �r:',��t�'"i. �;�y.�si;'.;�•,, �1 ��•y�A• �'S�•�y Se;Y�wy� 7� �� �(h��," � N� �i ',�' . -. E1. � �`Y �•• � . .�7, � , j�wS'«� � ,c r t � , c� ' .s.,fi�`�'� � �•{; 7;�^S''Ei,' i,� ,'j: ! . `, �, �t�` r±..%'s ' : � i � ; .w ,��' ;•( . � .�1� a� '.' f , • '> , . -'r'y�_�, ;.}, ai y,� <, : ;.�..:5.-•`�'v� ;sri'3��::: ` �i liT i i„ ..yrr.Y..i�;:t`^'q�'7� .��. ' �� �4 S s o' :' � �f,�,.�C,ttj�:yj'y���'?`r �!'y«.' , ' y . ti���.: �;���;d.t�,''�i j�µ�i�',<.�Hr� � +Y,:i �,e f4 :.t''r.lt �',�/'i�`h� ����t'•�,��'k1����is' f 3 ��✓�s����s�' 0. �� t• � �i}.�?,� ' ��' , '�+�' �t� � .•,w��:�m<<,���,��;�►.:�,�.�-:. � - , e . �, , i � � .. �.t4+lt�...w. � ..� �...wrM��.�! Iv+'p...- • ��i �-�:'. }..' ;. �� v,. �i . ..xr.. . .. i �i ` , t� �� �e i v .,tti F rw� �1�...�F .[a ���.s. p�` � yrtt"�' 'f. S-v+n "'1 �,yi:ib ^°�r:#� * a2�' �+u rsr•,�c:v°a.� . ' � R, 'c,,x.... i s„ ,.�,+b'j'.k 9 y . 1r!�'!1° ��t`�:..-3�% `;'��.i�,. �;ii i:�ii1S!{ :,tr.:T� �';;;4y�Y��"'4�', �. i•. �'s�;.?-'`M�r,, �.;F`�. ,� . S�`�""5t",K•}{ ''L>4} 4 �1't:."�Si�lc. >�� *,;'�' �- . iF' � . 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',e ,� .'4�r�� ���;P'r~`t• ~ ='I ��i."?;�� j_i': ''•� �i: �,i�r.:�i ��..'�y.,l�; . �,j,� �,:�,. .�` �, � ; � ';� r?i�� ;:-,y;k���::;.� ,;�,,;. ' :�'';;r�,�' <�n.S�{�".I �;�..;''�• E: �:t" :.��,:�: ��,. ;i :�:+:'�°' •`i:''',,�"E:�•`.• .; , � :45.}:��i:�! I`�S."�i'2�ri �J'i•,Fj, ��,'iv•. �}� t'' `''';`',�,;°`�`�',C7' ' .�. _ =.����r��., ,:�': ':;. .'=;L `;yt , F, e'', '. ,ti�::.. e �:i. : 4.k? : 1,:�� .,,; l:, ,i., '}i: j:ti •rA�'t�.*��,�,�'.�!r,' ., ':5 ��� ::: a `;' ';_.; . �i:: _t: ,^�;i.j.�,. ;°tr. ��:y ; �. _.;., <:�•: :t'i�;.� x�: i. �:�`s' [.";�;`. :A J• 1f � �� ��' �'iF.��'..'.. :i.��II�,A` �L��1.{�.11`°, .i. � :',��.,,; ,r a,:�:�,;�,.rt���;;,, L� Y. `�1.4'�?r'= '�'�,v.' � v".��1� b.:'.t. i.-�}..1�'�� ry 0 .f.�, �,�li f. ..�� .F .;l � .y..y s• . .. �.1 ..Y� � e :=L• � .�Ii.. �..i,'. e...��'t:._ � ,� `!, �: C . r � � �` i' , �� �� � ' {L 4: DLSCLOSUR� $TATEM�NT The undersigned, as Underwriter, proposes to negotlate with the Clty of Clsarwater, Flarida, !ur the sale of $ ' ' $mount of its Gas Systecn Ftevenue Honds, Sertes 1991 ithe "Bonci�')� to be completed on tttis clate. Prlar to the award of the Bonds, the fallawing infarmation is hereby furnished to the City: 1. Set forth is an itemIzed llst of the nature and estimated amounts o� expenses ta be lncurreci by the Underwriter in cannec�ion with the issuance nf the Bonds: • (Per Bond? Clearancc 3 Underwriter's Counsel �'ees and . Expenses � . Camput�r . Closfng and travel expenses MSRB, PSP., CUSIP, Corumunications, " , � Federa� Express� Telepl�one, � Duplicating� Ward Pr�cessing �and Munifacts Federal Funds $ ' 2. Set Parth �elow are ttie names� addresses and estiarated am�oun#s at compensatlon ot aIl "finders", as defined in Sectlon 215.386, Florida Statutes: N4NE 3. � The amount of the underwriting spread expected to be realized by the Underwriter Ls $ , which includes the fallowing: � {Per Bond) Underwriter's expenses Ma.nagement #ee Underwriting fee Average take-down 4. The management #ee tp be charged by the Underwriter is $ �� {$ per Aond). 5. 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E�Qi�BIT 8 zErr�t oF �EPxEsII�i►rATxox , 1991 The Depasi�cry Tru�t Company 55 water S�reet ' New York, New York 100�41 Attention; Genera� Counsel's O�tice r Re: $ City of Cl�arwatex, Fiorida Gas System Rev�nUe HondS, Series 1991 r '�r�'`'���' �4� ��'' 1 r � � ' ,� F ,..F E ( K ���� '�wY 1�� W. ��• *� < < ��kk,� �� ��f�,�'n';��° , , ,� .-I"�{'���`�'.: r� .!4 Ft . �,�• ;��.r� :.��: �� �'�"`i: �. �}f��'�:. _�.,.t +��,�� � � t��f��}'�4`��jf' y�JW,I : r't,,':'..�'il',�'t� r�,'`{i�"°,+.' ` '�'�yj4� ��'"�+'.�Y'1',���+���i}i i.'�.'��•A ���i^��'�•r�. �';rE-.�I.'�..'� Gen�lemen: The purpose of this lette� is �o se� aut certain ma��ers relating to the issuance by the C�,ty a� C�.earwat�r, Florida {the '�Zssuez��) of $ in aggregate pxinaip�sl amannt o� its City of Cleazwater, Florida, Gas System Revenue Honds, Ser�.es 1491 (1:h� "Borids") . , (the "Agent") , is acting a5 Paying Agen� and Bond Ragistrar of �he Issuer wi.th respect to the Bonds pursuant ta Ordinance No. 5],18-91 of the Issuer authorizing the issuanc� of the Honds enac�ed , 1gg1, as amendad ana suppZem�nt�d (co�.lectively, the "Document"). Sm3.th Rarney, Har�is Upham & Co. �ncorparated (the "Underwriter") are d�.stx�buting the Bonds thraugh The Depasitory Trust Catnpany ("DTC"). To inc3uc� DTC ta accept �he Bonds as ��igibl.e f�r depasit at ATC and act in accordance with �ts Ru�es with respect to the Bonds, th� Issuer and �he Agent, if any, make the following represen�atiens ta DTC: 1. Subsequent, �o Cl.osi.ng on the Sands on , 1991, the Issuer wi11 cause �he Underwriter to depos � wi�h DTC o�e Bond cextificate registered in the name �� DTC's noma.nee, CEDE & CO., for each s�ated maturi�y a� the Bonds in the faoe amounts set farth on S�he�ule A here� to, the to�al. of which represents 100� of the princ�.p�l amount vf such Banc3s. . 2, In the event of any saZicitation of consents from and vnting by ho�ders of the Bonds, �he Issuer ar Agent, sha�� establish a recoxd date ior suah purpases and give DTC notice of such �ecord date no� less than 15 caiendar .days in advance o;E such record da�e �r� the �extent poss�ble. . . . .: .�.� --- _ . ._. y' � � I .� 1 1 ' 1 i B�1 , > � 0 . ,`i=,..,,�.��'�`. SJ °`t ,'S `��'w ���'1l7 � ����°13�'���Tj.' �' .,� ;`,,.:� '�`Y��, ;`. , _ . .. ,.. . . ::.. , :..-...- ,e.. �, . .. �.., �,. .—: � . . . �za�-s,..,.,,,�... � � ' � r ' � �^,4, , . rV � �i _'� t�, �•t. ..,` ,. . y�4. 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''� ' .; L�i'� ..:,s?�;�y�����.;�,-...t � � '"'i "i', �t ' y.:.".ri jY:�''�tii�`�.i � { 5T'.'.t. i� i� �,;ti. V i�� ... .,F.: +1'F. . \ '1' " :i f� ....i,�1.:� ',: F' s:'_ ,:`,iti�•�.•., d..tif'"+i ei�w�i:c%;�bf',''r�,' �'=eii�.�."�,r..r}d'ii,p'�.§ F •�.�� � � � ' i.��: ,r�; �� �.. , � � . ,:i 4'.:!;;� : t`1'? ri`�.; { 5 i A � '�<r.SY ./ . x .'1. �.,PI; �e:fti.� + . :;�i'' St� ��. ,= i���fitx�i� i .fi.3 � �J���}.�'1%' �"' �T rC � ri�:J'1i•�Y� ' ''�'i.� 'i!" ` ' �r,v'`?.g :r-..:� fi �: �'�y;�' ' �'� ' +'�`�`�"�< `�Y < ;f��,{ P° �'�:� u .I.''r„' x' :.k F:t�."r�. f ip' �J}��,1• •st.�}r� �il.d• .i'.,, f`..�ty�:l�i`t�..�j .r: ,":;, .5 � i�+'�:1� . i! is7 r � "r�: ;', � ' • "' �?�. �+ . r'r,.e1`. _ 'i� ��,��"'' �.�.:' .;':;_��;�(`,.�.;.,�}i�.f'�}. . '^ .l.i�..'r�. .;'.,�,° .�....i.�'�? r,.....�.3+i.K►MislkYa�.'�.Ylit'�t�JNi�Stii�+n.�s...r.».. _.i..`.........'.«."'��."..,�+....�t�.:1 3. x� the event of a redamptio� ar �ny oth�r simi�.ar trar�s- action rgsulting in r�tirement af aZl Bonds outstanding or a reduct�on in aggr�ga�a pr�.�aipal amaunt oE Honds ou�s�anding {"fu11 or partial redemption") or an acivanoa refundir�q of all or part af the Honds autstand3ng, the Issuez or Agen� shall give DTC notice o� suah �vent nat less �han 3o days nor more than 60 days priar to the redemption dz�e ar, in the aase cf an advance refund�ng, the dat� the praceeds a�e depos3.ted 3.n escrow. 4. �r� the event a� a part�.al rodemption or an advance ref�unding of part of the Boncis autstandingr the Issuer a= Agent shal� send �TC a natiae �peaifying: (1) the amaunt oP the redemption or x�efunding; (2) in the aase o� a re��ursding, the maturity date ( s) estab�. ish�d under the reFund�.ng; and (3) the date such notice is to be , mailed to Bandholders or published ("Publication Date"). Such natice sha�,]. be sent to DTC by a securQ m�ans (e.g. legible facsimile transmission, reg�stered or �er�t,��ied mail, overni.ght express deliv�xy) in a timQly manner designed to assure that such notice is in DTC's pr�sses- sion no 3.ater �han the c�,ose at husiness an the business day befor� �he Publ.ication Da�e. The Agent wi,l1 Porward such notice ei.ther in a separate secure trans�ission �or each CUSIP number wr in a secure transmissi�n for multi- p1e CUSIP numbers wha.ch includes a maniFes� or lia� o� each CUSIP �ubmitted a.n that transm.�ss�.an. {The Tsruer or Ag�nt sending such no�ice shz�1.�, have a method ta ver��y subsequently the use o� such means and time3.iness of the natia�. ) The Publi.cation Date sha�,�. �nt be less than 30 days nor mare than £0 days prior ta the r�demp- tion date ar, in �he case of an advance refunding, the date ths proaeeds are depos�.�ed in escrow. 5. F�! xn the event a� an invitation to t�nder the Bonds, notice to Bondholders by the issuer or Agen�, specifying the t�rms of the tendex and �he da�e suah no�ice is to be maileci to Bondhalders Qr pub�i.shed ("PubLicatian Da�e"� shall be �ent to UTC lay a secure means (e.g., Z�aibl� facsimile transmission, regist�red or ce��i�ied �a�.l, overnight exp�ess delive�y) in a timely manner d�sign�d to assure that such notice is in bTC's poss�ssion r�o later than the close of husa,ness on the husiness day befor� the Publicatian Date, (The �ssuer or Aqent sendi.ny such natiae shall have a method tc verify subsequently �he u�e nf such means and timelineas o� the notice.} � A13. notices and paymant advic�s sent to ATC sha1� cc�ntain the CLTSIP number of the Bonds . . . � r... . ..- -. . �x . . 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'. d �.`!.' ..r.3.,. �r i f�; �i.� H �,f �.� .c,+ ;!'�Ia,e,�Y�i .r�' ^�+�.i:;;';z�,: ,�..<<F;j..��F.±;':'t".::..fs�.�, :i:��� �.c.y' �f= r. ���„ �'f �:�,'. � .f}+ ,FA• tl �'`=JF�4.,i .�t{���, p � �y�' � �dY:143 {5-'r.7A � _'1S77.F.�y. rr =y i. :�y }� .F',!i.a:.�".trgr•,r:.is; 1''J t,:<l� ^i, '�yp��•.'ic{` � y4. � .�.��� �b's�:i:�r%� ���C � ii'.�•'s�irr4::.• 1!sr_����;f:a�', �:�.. y�.�v�� �lp iy% � .�T+, �!�� L�. ,���s_�.�c1'�e.. LS.���'1�����.t.�%�i�,`�!':'c�i��, rL.�'_ ...7i: . �' ,". ,. . . . � :5�'.. ,... .4 �7 .r ��� � , i �A. 3 . _ _ `'.r.. ..1 _. __ .. .�,.. �1.....s_�t•,,.�;;�s2#..�.<. .S�SIr1!.��Fi_.�,.�i.'_ r��3L �tT'�/�'�� Y T(I�F� �yt� v�ll,_I. , f`'�i �� ;;r �,�_'. �y�i �4'j i . h',� tt t� i t F i�'�r� �. :�,➢��r. 4� rMY%V. �'�/'��,�F,�:;: �t:, k f E 3 y• '�`�,.n'�.sy`l�U.:. i'ji }��. �+:�:::� ,1ti`- .,c's: �'x�� •:l�'� a:, . .i 'j;y3 ` ' OEs�y' `�� &YD , `' : �l � �s;}.,;;�„ ,.y •'.'��'� � ' ' ''� �4��. ' •�• ',1.�:''.y� �<�' �`'xj,' �: "�'. ��-t�..-' ;:i y :�.�,-,:: �I'P� i(`'t� �4 '� .h�s ��� �`.� J .�r�y,�� � �i ��:..,:t I �3'r, i'It}�) �I �y�'��J.j'.� ?5.S'. �i.i ;�;:�k�,{, ';° .::�: : � . `�f` ,��.;.�+ ', ' i � �iY4,i{'i��:.'i`.�,��� ',� t�.y�E!' �s�;a�'.�ir �` � ,�'"ti.� SitFf�� � ` I j!r`�{'��l�r �yV�j'""� :: � . �� �, �, � ,�=�4 �,��'"� ,�'?:r .�� ��- - : m �.yN � Ny � ..� �y�. .�.. i•� `.f'SilY� ;'j. iLe�t..`•i��v :Yb.;ril�'a'�i.,:Yti+3ah-t�:z'(''-`.: ,, •;r .<�;;� - ° 't:'~.,: ,�`.: „ya rK. � � ,�1.,�.'- . ,`i ''i' !7s � �z�.d�w,s.� �,-`' �° . � �t�s.e Sj:•1`` .5�}'C3��7::.(�� *. .F.�1,,. iy ; u +,.f�i.f a ; �.ti • ' �' =:bi, .'+:,N;,w. , i�'�' ��� An�'.:°`t1` fi*rrfk � : i � y, ? �' '�n . ' . :t '. � a i';` :l� "=^���b ;-�':�'v'�i K' , .'f •''r, . � . ��'r. _.. . � �... �.5:"i:w;.`.}fa��;g� �7�,;�wrl:}j;�a���i�4pfy�a�+� �•414 x 4j.��l 3�I 4..F. ��i��Yy��, ` :"��le, � , 1r!�� '�{� • ' �'. �� ^'�f , i. 4:: �` � ��. � + . . . . ., . ._ �.i; �!..... 7. Notices te DTC by facsimile transmission shall be sent to DTC�s Call Noti�iaation Department at (516) 227-4039 or (516) 22i-419Q. Notices tn DTC by mail �r any ather means sha1� be sent ta: . � 8. The Deposi�ory Trust Company Muni Rearganixation Manager Call Notiffaatian A�partmen� 71.1 St�wart Avenue Garden.City, New Y�rk 13.530 �nteres� paymen�s shall be received by CEDE & CO., as naminee o� DTC, or. its re�istered assigns in next day f�xnds on each payment data (�r the equ�val.er�t 3.n accordance with �xisting arrangements betweeil the �ssuar ar Ager�t a�d DTC). Such paymen�s shal�, be made payable ta the axder at "CEDE & Ca.'� 9. Payments af pr�.ncxpal sha1.1 be rECe�.ved by CEDE & C0. , as nominee o� DTC, or 3.�s regi.stered assigns in next day funds on �ach payment date. Principal payments �ha11 be made payable to ihe arder of "C�DE & CD.," and sha11 be addressed as fal�.ows: The Depository Trust Company Munz Redemp�ion Department 55 Water 5tre�iC - �Oth Fioo� New York, New Yark 10Q41 Attentian: Collectian Supervi.scr 10. DTC may direct the Issuer or Agent to us� any Qther telephone number for facsimile tranamission, addr�ss, or departmen� of DTC as the number, addr�ss or department to which pay�nent� a� in�.exest oac principal or nctice� may be sent. 11. �n the event o� a redemption, acaelera�ion or any ather sa.miZar transaction {e.g., ter�ders made and acoept�d 3.n res�onse ta the Issuer'� ax Agent's invita�iarij nPCOSSi- tating a reductzo� in aggr�gatie prinaipal a�aunt o£ Bands out�tanding ar an advance refundi.ng of part o� the Honds outstandir�g, DTC, in its discretion, (a) may request the Agent to issue and authen�icate a new Bond cert�.fi.cata or (b) shall make an apprQpriate natation on the Hond certificate indicating the date a�d amounts �of such reduction in principal except in the aase a� final maturity, in whi.ch case �he aertificate mus'� be presented ta th� Age�t prior to paym�nt. ].2. In the event the Issuer determines pursuant� to the Dacwn�nt that beneficial owners of the Bands shall be abl� to obtain certif icaiad Bonds, th�- Issuer or Agent ., . , • �„ • -�-._.,..,.�..,.,�..-.,.� . � , �'.5� - . , . � . 7 r F3-�3 , . . , .. . .. .. .. .. . ..E . , .., . ... .�.., `•!N,..1;3}���µe,Y�S�' �' :M+ . �f� `��y�{"��3�v'�,�,��«J1'i"a:Cf�� . , K' i� �' 4 .•9' . ���' �1�' •�5`ii«�' y.lr�. , i",,,'1 �tY"�e ii'f����� . yt . � j� s "��:�ti;s�h�:��aj � s'.� y' ��T� ( r ��j���.c��;��'.`��,��iap�'�:�•��r�y . �!r S:' '� F n �fC��i''� i4 �'' li�'L�" 's'i'!y �4� 4�1i����`•' •�� �i"�e� �h:�%.=,«e�F, � ' "i'``,�?�`} � � �t ��ry�'� '�Il r'�;'.��,��:. � ' . �` S7 -d ' "9i-�•�4-y, r'SM� L � �. . lr � � � •,,. .� .} •�' 'i.���. ' � : '� ' �sw., , ��t . � � t �^�,� �x.. ��.,r� �` ���v < a� � i ^'s�- �t�y,,,'���T�j��� s��' �� x Y = 5A1.~ ,�! y�,`+� � , . r r 3 yi.�. T F'�,'�f� • ,h �'♦ ,�S' +� . �/ � ��• • 1 t'� •: '. e y , � �'• � '` � . �,; , t. ,i� � ;��, .� � r .• ��. liy ., � �, v,. �4'�'r<<'!'$ y r � I� r ,. �, , .. � F . � �� �� ` �:�i , -k'•t�y '��! `�r,4'���i'� ��4�' , �r� :;:'� ,�"ij�';r���r•'���? � �" �; ' t`�3��,�,`�,.,5�7�,x�.k4� , r,����':t`F�;�;`�"`;�;^ ' �� `'�'�,i.}�'=iri ��` . �,��`y��,J=��, �-r��;,+���r�`s�:� �` , ��'�"1�� F:f�`iy�.�k��, '�`. `af�`t�a f �; <. 'i. ��� � .;'•��'; �;?y; �a�: �`c ' � � Xt � r,,�� � �.� ?.�°k' � Y:5 J,�.�3•�ey�`�F�S'�r�j�.`tr,`,�.�` ��•�_'� lisy'Sr�2p�Kf`Y ii4"i���1,; :�4.�1� •'S dT'�y� �f��'+�3 � �i J,j�. ���.t? '��•�yk � � F�b�'' L�'iJ�<<sL��P�.�_;:i;i1'r_'-�.!r�:.t ir � u. ;: s ;p5�� : �tS t; C ti�Y�-'�l�e ,l�;i.�. i"� z�` F ;11�•(-i ��,14`',1`:'ti ;' S�'�: � t'� 4� %.'�1�1 •. [!•,�1�1• .: � >,:.; �;;:, . ,.. �..,,,,, ;;� i1; ,'l,�,,j,` .�, ,;t.,,' y��,;r; a:,:t: .;� .',=,', �:,: >�r�+i�•�. ��;)•,sl,�.�?'ir.pr�-.�y14•f.•�r7j.•t°��Syr�t�7��.�,e:r�+�.c;�"o'ra��3� �7Gir:-,�:�,±u�rt#.c+�l.►1�j"'i4N-�eti�?i�'�{:Ji�'fi;�i' Ei,''.'��,(jW!�.� � . r' .4 .. 1 • .. ',.{�:," . ' iz S,� � . ,t..��: �4 � y '.. � . f;., ;�Eit 1`sf4'_.•�+:,',.. e;�, •'.'��,:Er:,.:,.,.i,F.���,� ��f� ,r'r`: F": �. ..�a:�S�'.'���Si, r'_� . _� .. . _.. l�� = Ln.w itP�I.o: ��•E•^ �'i i� `, %.J�hs� "!�t -�wk�niS'ts:!�#*�-'.Te...'�ritni i�:: A:v^i's;<C:`i13vG�s,-�1:i':3i 0 N . .et....1. shall notify DTC o� the availabi�ity af Sond c�iti�i- cate�, and shall. i.ssue�, transPer and exchanq� Bond aetti�iaates in appropriate amaunts as requ�.zed by DTC and others. ' 13. DTC may dete�rmina ta disaontinue providing its service as aecuritiBS depoaitory with respect to the Sonds at any t�tme by givi.ng reasonabl.e nntice ta the xssuer or Agen� (at which time DTC will nonfirm with the �ssuer ar Aqent the aggregat� principal amount o� the H�nds outstanding) and dischargring it� responsibi�i�ies wi�h respeat thereto under applicable J.aw. ❑nder such c3rcums�aneQS, whenever • DTC reques�s the Issuer and th� Agent to do sa, the Agent and the Issuer wi11 conperate with DTC in �aking appzo- pra�ate action to z�ake available ane or more separate certif�oates �videncing the Bonds to any DTC Participant having Bonds credited to its DTC aacoun�. 14. Nothing he�ein shal7, be deemed ta require �h� Agent to advance funds on behaa� Qf the Yssuar. Very �ru3y yours, jAGENT] By: Approved as to �arm and �.ega�.ity: C�ty Attar�ey Received and Accepted: THE DEPOSITDRY TRUST COMPANX BY: Authori�ed o���.cer cc: Underwritsz- ' � . , � . ' Y .,.11 ,3 ' ' tl�l , a � 0 CTTX OF CLEARWATER, FLORIDA • By: Mayor P,TTES� : C�erk H--4 • � . ,. ., n.• � .. . ..�..� w , �i YW.wI�.a'Y � � � �� . � `;� ' 41._.., � > � �. �� ry � � � �' � � ' i , I r�.. �t' . �;;�'s i .t.���.. . �. . . �. . . . . ' �f„� ' �,ip�. 1 �,�. . . � • , '( i!i'� ` '°;�r i°i-;14!< .`;si' t ., . „ 1 1� i � ;� '7a �-'" '.� � f'', �' � • . . . � . . ' . � � �.�,L`i fl''. .� .1� 4 . . �}V�}�F; YA?ai�• �.J•. �p {a. �1� • . . � . . . . f 7 :'� . i. �'. i�� �' 7 � 1"' . � �:Y'd �' � i �'i' l , . .4 . "4 : f� 'f• � � `.� l �i � � r. r � , ,.. , � �- ��•' ''S "''C' - s � �is�� .�I �. t${�,���gR,ni":_r?.�. ,.� : ,1E S i. �" � . . � , , i . . � . �F:y�'� �'��� c' �'�r.:. , .. . . d '}� �.5 • '�f ,� i �, , tr��iJ � �4_.. � .I��' a' r.r s. �•t . . . . � i� . F �� > ,'; ? '�`� i�: n1' y�+�. �l � . � 't` .[i' � „ i F� . � i f ` '•a`�3 ` ,F�p « '.`.�'�t: � � � `. . • , �.. , _ �,�\'s�::i +� ��'u�i.1,C�;.w�Y;����:F��}�.��5.", . 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'�.� •'. .; „'i+ �'+�,1,", ., .� ' `1 F F r� ,.1 f.;t ..y�.. • � . . �; I F';'' p'.'i,�a ir �,7 �� ' .�i. . ..� f'i � :< <_R;� r�;°' Clearwa�#@r, �IOrlda August 2, ]99� . >,`:Vh�'�'����� �:��,�'� u.�.,.� ..,l,,:r.;'; �,r', �;.`.e'•���. NAw lssuo Rov�nta� � ;.:�;;: .;f.'`:;,;VY ry :�;; ` ,. .,;: aai�: 57,395.000 Gas Systcm Rcvcnnc Bonds, Scrics 199i ' 1„f ���^'« �'rF'� %' {J . �� ;�''' Y . �'� - 5 _ll'I�,y;.S,Ao' '•�:. ' � ;S,i. �',�� dot�: Expcct�d thsaugh negotiation Aagust 14 :,` �'f : ' =,y', r: `,>;: 1=: t'. „t. �� f f 1�load�l"s rttt[r�g: A "��� '; ; �' "::� � _ � . 4a� sY.f.m �F�ranu� ,. ` ` �" ' �; s . ; ,;- •.,,r• . . " Y'�.F."'�'�.� s •: opErllon: Much emproved financisl operatio�rs� supportr,d by grsun ai%rd avrrage sccurity for a madcra�c Icvcl oi � �'� �°��� ��` steady ratc increases artid lhc 5ccuring of a number af dct�[. '�;.., .:.. '-� . commcrci¢1 accounts, and a mana�cabtc capital pro- '�.� . 8f11� io�y tacts: 'rype Sy:tem: Gas supply aad distribuuon. AvemQe Amual Custamer GrCwth, �� SeN1CeAtea: City of Clcarwatcrund surrounding 1985-90: S.S�k , • �_, communities on the Oulf af Mcxico. Peak Debt 5fxvlce Cavstage by FY 1990 �•; . ��� �. xYI Source af Supply: Florida G�s Tr�nsmission (FG'I) Nef 5ytlBm Re�rlt�e�: 3��x ; ;�� :. , pipclinc. Fl;ca#19900patalioru, ` � . • � ' Per Capltc Inwrne oa 9b af Sloie� �r'cdl�p Ratb: '79.6396 ;� � • �� i987: 136.0256 tictuc�i Det�f Setvl�e Covarr��: 3.b1x , � � � - ' . ' � � , Deb1 Sqrv1ce �tety Mar�lr�: 16.04� ; . . `.-.,� ;. �' � ;: . �. . , :. tlnemploymenl Rate, 4!'9t]� Debt Ratb: 45.06� � . . � : • +. ' ' - � 5tate: 5596 fi�Ttues Loit��t Ctubm$ts a:96 0# !. .� � � I'rrocc Gas Safes� �lsca� ]94Q-9�: l l56 = � . .' ,,;' ;'':�`� ;. ''-: Unemplayment Rate, 41'91, } . . � � - � : '� . . �� C#fy: s.256 Moody'� Rat�r�g, �� ; : � � �:�. :. �, : . :', . �71�e: �.6R7 ��Q� 17P.7� ��� Y/ II�Q� J'Y1IIii�M+: W /'lV�: 1 � .�'} , ' , r ` F,�'i�. � �:. 9b Papttiallon Gro►vlh� �ro � �a.a n� �.�,��,� ��. � � � �� � _;: e,;` ,;:,: i9�asa: �az� �4�1� M1� ,� ��` :: � t9aa�o: is.s� `�° �� `:,: � � ��� �:1 `�.,�� ;1,�� - `=s=; � ^ s`� :, , ^;! ' ,^ }'V � . . V+.yi,. anatysh: Clcarwpltt's gas systcm was formcd in thc 1920's scrvcs nbout l 1.b50 customcts. Thc scr�rice area oi F<'`r �,e:; ;?�s�� ti.;' � r:'t; ". stom , F;�, r.«:,g� , ; w�fw ;; � i�.� �..,:... f:ci,,,'s;,_ and nanvcrtpd from manufact�d to nat�usl gas in 135 squarz miles encludes 1hc Cily of Ctr.amatcrand :.,..,��,,;�:;,• �,�.;.;:, :.T�: ;,, . ,,�•, ,.. N,..�.,1. .r 1959. Tt� sys�cm p�u�has+�a gas Crn�s �hc F�orida Gas Cities o�' L�rgo. Rclleair, Bellcair BlufCa, Auic�iin, `;�; �,it,?�a'��:;Y.`ax�'��r��G ;' 'IYaRSmission ComParsY (�GT} undcr an agrcc�'nent Safcty Harbor� Oldsmar� Tarpon S r�n Irfdian ;�:. ,';���k'����"'��'.�;'�,;`t- . p � �� �� :"" �• h*, �* , allowin for e3�c h�se of � maximum 110 C►00 Rocks Stach� and sarr�c unincrnpcxalr.d �scas oi ;`• �s"'4ry �:,�•t�� "��;` .'.• B A� � �; ,v�ar, „�r ,���*!) . -1,�':;Y�,iyF'�� ? thcrms daily in thc wintcr. Tt�c sys�cm compriscs Pincllas County. Thc scrvicc urr�'s r.conomy is com• S��r;��°„. ��.�;'� �� `�`�w ��mxintaic�y 403 miIcx of g�s mnin nnd currcntly mctciat and tourisl-aricnlal. Clcu�wntcr'x tax basc, "`Lr'*�,�: ���� �,°��' ���!��: ; ' iy�;��1rX :C:.��F h �i .`r�-(, f � 1 n' � Y ti . ;14-E i€���''�' � 7�; 1 , .���,' �, ; •� Pdcln� @ook - Cfty o1 Clearwster , �, '�'�r _ � ,� ; ;�` ��� �'� � `�` � � -} � '�z � • � . � � : � _ _ _...__�.�-�.� ___,. _ . . . S�iU ..t .. . f``'� � � ��� ���+. ; „� , . 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' . � • • '�R� ;�;�t�;�,,, • 'F!. .j ' 'ai i �`°•- �(`. Dt�''1:��i . � ; .,, } . . . �.-r. , r ''a; �.��.�i::, _ m ;,.. '..- : f ' , S' : . ` j , � �';: +�'. . '. .�� poP¢luticxt. and labor force contirsue to wchibit signif- 'ilia capital p�ogrnm is being cavtxed by paY-as-yau- '��: "� � ���� �'' , � icant grawtit and re5ident wealttt as�d incomt levels go Fnanetng {about S3b0.00D in Cscaf 1989•9�. . ,�� ".. � remain abo�c scatc �nd natior�al tevels. Future expsnsion inW P�co Coutity jt�st narth af the • � � . Qvcr ihe past few years� the systcm has displayed a systcm's cxi�sting savice aroa, is axpt�cttd to br'sttg a .`,:: -'F . p a�u hea c�oncentration af naw commec+ciat snd indus- . .`�� ••, . � � much im ror+cd trcnd nf f aanciel as cvi- �'3' ii .�i-,'•,'��' , '�" ,.� - �'' trial ruatomexs into thG s�ein. C �ndin I , ; .� .,',� - ` , :�', :,� � ' dcnccd by ample dcbt servics covcragc as�d gsowing Y �� $ Y. W :;;.` ;'� �. �;'- � :,� net working capila�. Pcak dtbt strvice covaage by mcCt expoc�d fiswre demsr�, supply may incsra�e as �,� , , `,, . �•�.. , ., �, � ��. :• ' � a� fiscal 1990 reva�ues es 324 dmas. Ave�age ann�i FGT canstructs asi ad�itional pipeline sIong the Gulf .,. ,'� .: �, �' . cvstomcr growlh sir,ce 19�5 has spproximatui 5.595 nf Mox�co. FGT has sdlsptcd rasa'vabioty dcpo�its :. `� . . �. ' �°s : and pass fhrnug� ratra arc adjusted monthly. €rom gas peuchasess to detamine the demand for " ?, :�� �, ' , +�•. ' : I 'Irt� ss�t lias id PGT rtstr- . �� " Thc curre�t issue is expa�cd ta 6e insvred by such incrCascd suAl� Y• Y P� '; :�_ �.� .: 3 ' � vation chgrgcs Eor addidana! qnan�ities of gas r� bc '. '= AMBAC and wii! acivsmce refund the 5aies 1983 delives�ed in 1994 which wau�d bring tl�e city's maxl- � .,`:;. "=�'`.' ,�:fi ��� :,,��: � ' AMBAC-ins�rad gas sys�em t�evenua baadt, which '��' �'=� ��. �� reprtsent ali of the sys�em's cicbt at 56,71p,004 out- mun� wlnter da'sly qua�ruty to Z32,IX}p tf:erms� up �� ��, - � stpndiag. This refunding does not cxtcnd bond matu- from 13�,000 therms. ,� � � a�� `, . � � � s' �'' ' l, � i, � � ' � ridcs ar�d is expectrd ta pmmo�c net pre.ses�t vuluc ':� ��.��: �, =3: -�' r ima 1 21 467' assumin asti ; �_ ' �.�; ; j: . � . , savings o� aPP � � Y � . B �'�;_ `'=+,� ";� �`.� = �';� .� � . effecdvc in[cre�t cast of 6.98596. 's1 �'S ��l7S . •'r' r.^ti, i =�'.' ✓y' � .� � � ,i ^� %, _' 'EE: . ` ' ', �.F;�;r'-�;r. ;yt','r,.A• ... , :.#, :; .. � . �,'+- ; e.�'�:: ; . ��.` . -:.`' .i:� '�Ns�^:}'.riEli .,`�.�. -�'�'��i� '--,.,� C�at� , � ��' , �,`^;. ';�.:y ±fy.' 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Official� eaptct to oxpand �. �-' . 30.1990 �S an ample 3.24 dmcs mmcimum annuai gas lIncs north ir�W Pasw Cou�ty to captiue its heavy � •, i� debt service. Projcctcd covrragc by fiscal ]941 nct coeiculua�son of commerciat and industrial wmpa- , ,. � ,� rcvcnues is �xpected to bc 3.2b limes. nies. Expansinns ar�c cxpoctai to bc paid wlth system .. , r, . �l5e o! PfoCr�pdx: Tn advarice refuad 56�71U�OUQ easnirtgs. _ ' � - outstandirg Scries l9$3. A1►�A�'- insiund gas sys- ' . . . , • � � : . . ' . � , � Debt S#aiemeni as oi 7/l5l9I (S O�fl) ; ' � � ., I , � . � 1 c � . i • . ' � � . :� '.. {_ ,. � � �c : _..� . . -- � �., � , �i`' , �'6,. ,`f: [ _ � . �1 � � , '��� �-' ''I.1 ,r' !'.11 �4 `. � . � .i'.F. . • .. , � -:r::�• . .; � � `� ; � ,.�",y: w�'t'��1�4; ! � , `�� . �Si'. •' ii :•' �' .:i..'i;. ', ',:'i x•~���Y`,' 'l:•` � `•�� n ��,C,� .��t�l, •` , . : ' , l ', ,, �' , , ; _ .' . �„� t :ll; ; � '� .�'�•� � tj�1,-. 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':^t-�^ � I t:it+a....,:.➢tiw~' •, . � i. . . . ii�V�t111i� Atl�tlst �� 3941 6 : � _ . � , . .j , ; �, r 1 G�4i�NV�OT, �10T�CiC� � . . , ' ' - �. •'J:•��S'. . �r '� 't'y� ;'-}::a .Y Itrj�yf�Ir • '��'<!=u ��}.x . . ,I� l'���'F.,\i!"'. r, � � `�:' if:tr •. . � , L�' .'��iRl.����' �aCqKty Bof1t# SdCt,itihl: Bond osriinance� bands are payable Addttfo�a� ITKleY�tocfne�u: F$varab2c; paaity borr�s ��';�,.,:: ;:=t,�.,ir`;;rF : t'"'- p�+e�v[uot�s: Erain nn irrevocablc {icn on syslcm r�et �cvcnucs. czu� be isSUed 'J eet ne�cnucs [or 12 of tiu prxuliog ", .'.'.,13;� ;,..; F,.� �` . Fbw of Furx�• Open Loop; (1) oprration amd m�ain- 18 months ar�c at ]cast 13596 peatc dcbt servicc on olc3 '.�,.: �.���� and nevr bonds. Such nct r�cvcnucs ma ��� YSL� '� � 4' , 5,� •;•,; ;;,,.: ...;., ;, cen�ce, (2) Pri�cipal end intcrest requis�emcnt, i3) by consniting enginccr tu rcflcci r�►tc �anges andlor =��:::' '"� `' ''� `. lrand amatiiation accoun�, (4) ncscrvc $ccaun� (� : � ,,. Rencwa! anfl Rcpiacement F'und nt nat Iess than system acquisitions, ��� `�:;" '.f• t{�'.'' S304,OU0, {� any lawful purpose. A�ulttiGtlied InvestmFml�: Satisf�ctary; dircct obli- �;;�°''� Rate GbV�lq�lr Sa�sfactary: Nct Rcvcnucs cqual gatias�s of �hr, U.S; insured timc or demssnd bank or :�;� �. �',., �'_" :_:;� �'f,:;'�%. ttuSl CDm rt �iG slts' fUl1 &CCl�rcd Tc �trChaSC ,.'�.4t'.;;''��'r�j71,"}' 1y.+`'� m 12596 current band ser�ice rcquircme�� Pa Y!� . Y P .�, agrctmcnts. ��>�����r;r;;x':-.'.� Rese�te Requl�efiar;f: Strarig; maximum annual �{`�`54i;�'�-`�:` ';.,, debt servi.e inidally furtidccl frc'xh bond procceds and ;� :.� "•,: �'�;,;:�;�:7.,��=�. o�hcr fun�s. , � � . , F: ���,. _: �: ,c �:�.:,,; a . ,'�� ''.s`• :.l;�€:,�r�..`�;,:. . ' ;/r�' .F ,r sysffltl Tha city gas syste�rn pu�hnscs g�s from ttie Flodda cilies oF Largo, Bellcair. Sellcs�ir �3luffs, Duncdi�, .'� ''�'�' �' ;: :�: :.` ' c� � d�scrl t[on: Gas T�an�nission Co. G unslcr a contract cEfoc- Safct Harbnr Oldsmar T e S rin s IncliAn ����� .-�:�- �: �` P {F 'Ii Y � � � A 8 � , •� �:�r,} •:`!t . � tive as af Novembtr 1.1989. The agrccmcnt a![nws Rocks Bet�ch, and portiaas o[ unincorpo�ated areas oF '� ��� ;���; ;=��: "{;:; °;�' � ..�: � •� �.: ;-E �1.'.:' �� for purchasc of a maaimum l 1U�0(�U therms daily Pinelias County.'Ilic syatcm currcntiy serves approx- !« �.;� =��i. �,.. .� o a , ., �: �:.:. :;.:.,� .; ., , from November through April, 46,500 lherms from imptely 11,650 cuswmcrs which teflocts avcrage ,�•'. ..:. �,; ;=,�".';',; ,' .: May ttuough Septemtxs and 44,000 tl�erm in October as�nual custamer growth of approximauely 5.596 from ,. • �. ...';';'<: •,: . , ' nat ta excced a yearly enuticme�t af 19,499,OOD 1985-1590. The sysum comprises approxim�tely a03 �.;:;,. s�•;. �,: therms of gus. �GT tuia a cur�eifmcnt plari where6y if miies af gas mairi. F�tture ezpansioa into Pasvo �� ,, ;; ;. ��° ta gas qaantides arc insu(iicicnt. interruptible eustomers County, �ust ti�urlh of ths system's cxisting service � � arc the Cuxt to be cut o[[ Tttie last c�nailment w arcs, is expected to bring a hcavy conccntration of � ���� ''�` '�.� in�em�pdble customas wtu in thc winter oi i976�77. n�w c:omm�xciaa and induscrial customers into titia ,`: �� ���' : Gas cotuumption is dis�tly stCecied by Ihc se�crity systcm. Comrspondingly� to moct expectc� future ,..` .�' .':;`.� � oi winter tunperntures.'Fha sy+stcm's scrvicc arta of dcmand supply may incrcase, as �T conswcu a� .� - 135 square mi�cs includo tha City oi Clearwater and addivanal pipcline along tho Gulf o[ Mcxico. . �' ` `. Syslom l�tilizafiion (a: ai June 30� 199U .� ; r�;�: :''�; '. ��. C��n��i �7WP V��:m38 V� �7LJ�e: r � �.r '� � . Intcrniptible i l 1056 f 396 . t � � ` � � ; � ' , � � Rcsidctz[ia! �.777 22°.6 1b95 . :'. `' , "�f: •, ��.. Comme:cial ].862 5845 b196 ' �,�,' • ��'r:':� . :F: .p, � }.: •1'Tr���.. Larpasl C�ttomets (expressed � a � o� �ross wies): � `� '`f,i�;;";�,"1-,' ��` •,�1.�,� � {'+.^��'�5' ,� Nalional i.ittia� � 496 ��f.f. "��;:��';.i'r''; Metal Indusuies 4y6 •: ; �` . , `T . ` t.' ' . � .7y'::if �1•:j;. •{�'. Morton Pl�nt Haa�ital 396 �;�`,: ��;.�;:E;s tj<v �:�tc'�°,. MoarcfieidPaving ` ', ��;:�i`•:`��:. . Z� �:!;��r;;:,..' �,, :. 'I�.y.,,� ,v .; �Y'y !;'F:+. r..j ..�i,: � • ��Wl'Mii� �� ;��:�:�,ir�. �,( t�:•f�'i�'r i:' .f ' Clcarwatcr Linctt ��o «�+`�'-,'i y L� �kjts.t�r:�" j�'.' �•: � � "��it y�:.S�Y•e.�,-yl H Mei�scHospilal 1'�'o rcr!,�:,�;'�r�Y�r��`ai`� �� :ts�� r � �;� �t• �- �F.���, �.�t�s� � �.;��:' : • ���4�i���iS�'r .��Y;:��. rk x ,x' 9``t�,a ` s��::. , •. � s � • '?Ai�`����e[�:�5���4iil:`•��� ��1•:�. [• • 't� • �i / � `�Ir ' ' ' �..' .. i .. .� ��t . ,, . .. ` . ' � el. .s�s���. . .% . � ' ` . ���_±: '1r f_, i` . � . . { b � , i �� . . . ' . � �1 �5 1 . , " , �,..�+.r� 4' . Y' ��l, . } . 1 . l � �` � � . � . � ' ' ' . . 1_ ,,l` ?J,::` ,�� . ' ' ' 3ZN�'�' ;I �� . . . • .. �'. �. . , .. ' � . � . � +� . , ' i , . . � . 4 • � , i' � � i ' i � � . t . t '': ::4; ti'' ,, . • I i '. � � , � `,�:nf,s. ;,_.:, .. . . .. ,. ..__...,.�v:::��:iz�:,�. . ., ._:�... , ..,.. ..o , .. . .. . , �.. .. � �� .a� w.r•�,=' r- •�=�.�3.r.'o:�wa-^wri+w?�a,t"f;��R``,w_q.`�Ir',�,���• : � '� ^ " w� . `�, ., : �lr'i .��'< �'t'i,.�':,f °' ' , -• � '�: _. ,,. � .� . : , :. ;,.,.., �..� .. . � ' '� � r' S S i'.!�a+ �r ', �'y s G'�� �`t�e.� �•�'` . <i:. : j` �r�'; a.� F,�r�f�}�, ����r.� � L C' !;{ ' " ���• '��; i � l� t��'.r4S.�)+ �Sry• x rJi ��y�1 %. ' .�y',9Cr;a'�^�t,['��i/���f�Y���;';�i'L NM�1. 1%' r � F". � � � •�y'. .;¢��i-'w� ��SiS ��4;}��K"}�k�i�..y ��`' y Y ^f '� �y':RVf;. �,�` .'1�,43�y���"`�j'"%'�° ��� v,��yi�/ 1�'4 .�,�t � ' ! :. � t� iT.. �7 ��J ST � • i➢ •. f • l'�w x�� �,t-` �'(� �5 { c ^� ' � ir,: e L �t` [,� �� � �. fi'� ' .' F ..5,' ''f`�i`";v� 'l��� �����Ll��j��.ji Y��f:i y �`� r'..t�." .. �fi 3,�,' �a � jg"�+��-y�' �1iQ i � , ' ' ' � ��txt' i`F��'�p��5��'tQ' �'�^3�'i�r��p'�y. ! ' • .:',ri+fu���4�.'�`F S � "f �? -'7 � ' L �iL• i . . ';e�i1�.4i:�,�� ��ii�'y��'•n�H: y ,�4� � � �t. .Z��a,.`�i�'Y����fkf.fi� 1�Y�x ?f' y� • ' ' . ' ,t�,, ;S�'3;i:�"f�;,;;% 1L�,.,:J�iyl:n=��'kr,3`��: �� ;�t . . �.. .:y'�N' VZ'. ;(�;�i'r`,i��'�z i S ° L ' .�.'; ,^:f,r't�.:,'.•N�;;',si��t aF �re'�r � � , ��,.. . .l, '1 �' S � 1.. iy;t ��t.t�`L1:S��w .� L�yh�..h� � '�`y ' .;!�y't�.;�:•?k.,;LY�;;iS:��}y'S.�v'�i4.�'�l4°� �" '� ii� yfr '���� ' - ' '�� , ie.;,:..rYn • ... a .�� „Y 1 ��f �IC Y � . ' . r.�iC`��i; 1j � 5'i�'. �'�"'F• � � , n SP � '. �•�: _ i�f>^���'�`; °�'a''S��%�x:�t.t;JF�:�;�;��i���;jt ��` ' �}7��v4 ��� � ��°1= ,, ! {1.-'.'�i•l-.v L;�rf?� xt��i�l �1� .� � t, � . ' 'i� ! .`��. ` R��" y1� � �. �� 'tl . , ,:` : . ..,,. � :� �' ,;'� ~ �; � _� � � � x.��.�: r ,��t�:S `'��:.'�b`S�� s ;�. . , , #:s:;crr,,: , t,{i,,ztt�j�.'t�,J �.. , .f,�=:s. + 'E �, � . . ' ' `,.' s7"i.:, 1,!;��' r::�f.; r�•��, , . . .. , y1 i, "�' �r�ti=4�,'��'�•��` �>�<'f . � . . . . . � d�k( .. : ; � a��l r�i i}i.ls'f�� l,l�T i 1 ' ;�ks'�iv; , . . :'�,. � l.� � .., �Sr�'.; . � � '; 3 � ' : '�;; �_�;.��„�4=,�: ` � ,',r�t:.��,' i.E';��, v.. ' , ' . .-r•'.�,,��. - l • � f • S'��; ' ,:.,a`.�..�"�t 145 . ' �•';'}' �j �.i!i��1�`'�",".= � � . ' „ ��' .:`.:'�},:. � � e . . ' - � �.i';' �.'}"�"F.'� f . . . . � ' .` ����`,3� e�t;,�-,Il�.at�' � . ; � , . ' , . � ' � � , • • , . r . . 1: � ' � � - ':�•i =t. , , :;�'�;' ..' .� . . � .. '. , !... ....� sS �t'rlSilUlvir� ••C.• ... ;.� .i�d1L�YS$"�� .',„- '� ' e �'�q�•'� � � � - �- ... .,,4'•;�I��^7?���;Lf'�=`' . � .'' `�, kii;'S'. :�1'. 4 �r.� � , `'` � 6 ito�4nw �u�u�1 �, � 991 . , ., .;���' Ciearwater, �lo���da ' � ; T� � ' ' i � ! . �' � . ` , � ' . ' ' � ` � � � � • . Total Gas Custamers , . . , -j . . . _ . ,' � � � . � . ' � �Is�al Yoar �6 Grawih � z985 8,434 - - . . t98b 9,0?A 1.2 _ �. ` � 1987 10,043 11.3 � • i ' � 1988 10,t46 1.Q , � . "." � � 1989 1Q,627 4.8 � ' ' , l ' ' • . �`� 1990 1 i,634 9.6 . . . • � -i. .� . . ' . . �d ' � � Rct�s�; Tha City of Clearwater sets its own raus; ir►crc.ase was in 1980 but pass through raus flucwate ', ' �' �:�' ;'" 1"� � ratts ane tn bc reviewed an�wslIy lo maintnin suCfi- manthly. 'I�c ncares� liquiiir,d pe�rokum gas com- .' �• �' �. . � cicnt paymeni of apeiatir�g and mairit,enance pany is 7A miles away and �!►�e is na rcal price � : �'. cxpcnscs, provide for rescrva rec}uircmerts and t.2S competiuon. � �� ' simcs dc6t service rcquircmcnt. Thc lasc basc ra[r .. -� � ` , . i �� ; ,' 4, .��' .� . adm�nl�trnttw Gaveminfl Body: �n March t 99t � the Das Division Gas Supctintcndrnt reparrs tn thc Gus Manager and �, �� ..�. . • fdetor�: was transfcr,ed out uf the ci�y's public wotics dcpart- is charged with s1X: departmenE's daiiy operations. °' �. . .. . � mcnt artid made a stand alonc de�artmen�'i'he Gt►s p���� �mpbyeet: 'I�e O�s Divislon cm�loys �`� ` ` Division is now undcr thc dircct con[rol af thc Cit , , . . Y appraxim�tc3y 6S personncl. . ,. ,� . Manager ti►mugh an ap�ointed G� Managu. Ttx: . . �:. z: '. . ;` .;� • ,' .' 1',_� •,; � r ;: ; � � ; ;.:- . .� �, `- , .1. Li ocanomlc Papu�aiton arid Hous2n� Characterislics: ClearwaF�er . , . . . �actOrs: C�}y Cffy Sfa1e tl.5. � . ;:;. .. `: : � � . ��� . � �9T� 1480 1980 j980 >,�� .;x��� :.;�` _���.';' � �. .- � Po�wlatlon: �. 'i' ' _ Mcdian agc 47.6 44.2 34.7 30.4 -.. -'' " `:'r;: � .��'�=.: ' � f� 96 schooS agc 34S 14.7 i6.3 ?A.9 ,� �. ,���?`i. ; �.;r��.�; �}., ' L� 96 rvorking age 48.6 55.2 58.4 fi�l.7 .,,,.. .rt � y.�r j'!', ;f,- � 6S iuld OVCi ' 2$.S 2b.4 i�.3 11.� �; :: �. <1` �;`;-, `.�: •°'' :;`•�' :° No. per�„ons/hauschald 2.47 2.23 2.55 2.75 'A:i��"{ '.'.,ti'�'''?�;:?s�:�'""' :t:. •,1. �^� .t; 'h.,:' ... .,. cr �, "i,t:'' � ; r ,.� , I 1 �nCOiY16: �I. �' .;`..i�rz%�.}e'•'r�a�`' i��,` n..• �.� Mcdis� family incomc 8,329 t3,S26 17,316 �19,9a$ � S:}��t�•„ ,♦ �':' ��tl.�Yy' �)'.,. 1I.`) 4' �<,°rc''ip�t� i.�rC�;t�•� �;;�; _',''',it i:':.: '}. �1S �OW VC ZCVC� 6 2�i I w�� '.'I` ryi 15.��.5}. ;: .T ����;... :, ��``''}} 96 pc�sa bc pa ny 11.8 S. 3. 1Z.5 ���;. ��"� ;�sc;��;�r;:.>,'�� !•r �� s��l,: "� ��- r:', :�: � � Pcr rapilu fncame 3,505 Qi �,223 7.355 S7,313 -t ::,S1�.i=�i �i . :5'r��'�. ���u` f�i�� '�V.•����' � � �1 1 � 1 Hou�n�. } � � ' ��1)4r;:f`I,._ � `.r% � � �r'I,f1�'.};i,il''.��..��Ap.� �i. '� -�,� ;5� .; *�:,_�- , ;�,=:;,�:��Y��-�;: -- =i' 96 arvna accupied 68.2 63,6 ti�.2 64.4 ,ayC�HSl� �..`�� .�1.Pr� ��<..�'."r�:�::Y� b P ;, + ,�' � :'� .�° ,5�: , ,::�;, . ��i1t bcforc 1939 - 6 1 ° ' �°a�C�` '��K_��.�..(�a, ; ��:�a�Y� �. � 96 S. 6,7 26. ;i:�:� t�t,y �%. � �tiYt #t. �,�F��',:�,t�:r�. � �,,;,.'��.�,,jjy ,���� ��j,'�Y ','} ;��,�, ,•;. .:r ,,-.;. 96 builc sincc Lzst eensns 41D1 43.G 43.9 25.9 ,.Y ��,•.;�$s�iS•,� "!��'dt�iSd"i�iU��t:�t;il,' !o'�. �l�i�Y. �:1�',���';;�Y;;�.�:.'��s:'"'3r�: �'��� ;:Y.:;° Owncroccupicdmcdia�vniuc S17',572 55�,400 545,3D0 547,30p � y r y„iL�? �. �'`�„'-�°c' �1�: �i�• '" '�ti� fw � x.��, ',- "`� �', Median gross rcnt S11G 5261 5256 S?A3 , �, ,,� � � �� . �,-�.1 '" �'����� +�`,z4`�' !�" Occuplydhousingunits Z1,fi08 m37,3ii0 �ti� •��j �'��! +'4 r"�: Sauro�:1J.3. Gn�w iSun�w ! � � ���� 5�;, . 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' �• : `, . . . . . �.y,'. i , .f; R�Y�tt�s Ara�uE1 Z� i99� 7 . � Ciearwa�er� Fior�da :�,��' , � '<� . - �<< , � F." � � :.5� ••`_`" ;i4�)•' -1�..,�Y•� 1. :JA� . : .`{r'<M1'�' �Y.).. � '��:. .�t;r}li.�. . . • ' i .:tS��;�Fn�.�j,:, i1ncncla� tactors: Flnancla! Parfomnance pl�coi yaarsanded 4/30 S�40): °;y° �'.;•�;A-_`'=.'"=.s'�,���;�. H1�doricaE P�aZecteci 0 ' ° � ;�, : �z'� : :';`-�,':�',' ','+-'�'••. '+�;!��:��,;., 1980 ] 969 1990 14�i 1+442 1993 � . .•. �.,`� .'.'�• : � :� ' : SalcstoCustomcrs 58�99b S8,7I5 59,027 59.-0-0$ 59,6b8 S4,R19 ,�.;:_f`"�''�';�a;,'`s1.`-. Servicc Cl�rgts w Cuswmers 32y 27Z 323 349 352 375 :�,,=�� �~;;r�"� �'�4�� ;� '�otn�O�rofL'�rev�tt�s: S9,321 58,987 59,350 59,797 SlQ,Q30 SI�,t4a '. .�� r,:. �,�,�_s; , �,�;�.. .� �'• 7 � ;r� t,; '.rei,ti'5�.. �amisigs on In�cs�nents 146 181 21f1 N/A N/A N/A �-�,�`: .'„`; �; =" °. O�i�er t 2 5 . - . ':.� :: j'� yF; ��:�`�;�:, �"� `��- � y'1:*•'�:-� Gma revenue and [ncame: S9.468 59.17U S9 b6 59 797 S10 030 S#d 19a '_:��:� ;,.�:`T:; ;�'':'i . � ,'�„ erCe�'.:•`r� s e � �i`� 1, „�j' �s-••�.. �rch�srs for RcsaSc b,D73 3,$7A �,933 3,994 d,OSb 4�l 19 :, ;;t,,;. ;,:,; '..., : r�; : Porsorisl5arviccs 1,418 1,Sb] 1,G00 1.746 1,A72 2,D3'? �t�:`;. ;=•'r."��•`: In4w�fandAdminis�sat3vaCh�rgrs 541 486 4$5 520 55$ 59b �:t.•:�;':,���:`r'�}.; Ottjcr 1N208 1,347 3,427 1,405 1.472 I,�41 '�_'r'.;.'. � %ial O tk M a�ue�: 57.24d Si.2b8 �i,4t5 S7,bb6 5 7,958 5 8,293 '�:,,r, r-, `��',:�� .:,' ,,' N8t tslre�u�3; SZ�?2B S I,902 52,1 �1 S 2,131 S 2�072 S 1,9� 1 ��... �= ;;,�,�� . . itlt6tBlt 423 441 4$9 m 80 47'I 4b8 ' '� '`..',�` :>.. : �riricipat arid Intezeat 507 S3S 58'1 m 80 652 648 � ,� �' ;: .: ; '-�••�`; : : : . msowv.:aarx•suro..srtanHuetn«sPlaatl49l•tkss).{uepu+a6yar�s+til�a+on. , , : ,'�.. � Re4�et� t!n l�nntediatr oaanamic doiutterx of tha Se�ics 14t3 bo�d�.ilra cuirmt is�uo'� P�ineiRd Fx7�nc�t� Lc�in Sspeeis� 1� 1992 ' , �"� "' :�'��' . Key Raticr. . . 5. . - 1988 1989 15+90 �991 1942 '1993 � , `. .:.4 Operat�ng rari� {96) 77.67 80.$7 ?9.63 78.?S 79.34 81.35 ��'r ... Net iakerdown (96) 23.53 ?A.7� 22.i7 21.75 20.b6 f 8.G5 - . ` rnr�sc cov�� {x} s.2� a.� r a.3a ��.�a a.3a a.ob �� . �, ::;t:� . ,..•:. Dcbt scrvicc cavctsge (x) 4.39 3S6 3.St 0 26.6d 3.1 S 2.93 � �:'" i.' : >:���., � Debt �ervice safoty margin t%) 18.18 I4.9I 16.04 2(}.93 34.16 � 2.29 , •. ':��-. ,.:`;;. . 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't.- ;4i,,.�'' +�' �5. `�f�l �' � �1"•�.' vuF; =t.'a• � {I� #��'�fie� ���l�xi �`it!:.-<f`. xs'+,1�t;:��l�� �i;yA:J•x � �� k�.rs.t�Y��3y�.� �'iia��::t� 1:�): a,i,f;,�-�'i��:;�' ,�. ... i r � � '�[ ��L'i'Y� ; ��L• '���' � Y'��f�fn�iYr���"� =)�,��'�����?':�"' i�`':� �.�','�§��`.;.' ,'1� f'}�,��`':��- i`S iiN s�: 5����' �'� . �. , i�. • s.� ��,Y! Y.S '`Yf� �:. 4`t �z'�•,r,s�.�3 �'' ; �'°�'`�'r `: r�'. 4 # ' �� � � .. � .a . ' - ,. . . .. _ .cci :ut�s:.:^' " �:',�{� r °*� 'WLlih�� �'i . . , i, � . � r . f `i" ,•$. .��`• . �.f � ��i. � i . t' ; � . .4�,s'' � ' t '•i. . ,i+ . t �+y' � .'A�.'. ...r , , i . ,��. . r ,' ' . 4.� ..�1'� Debt Service & Sadings Scheduie � .' �� ����3� A� . ,•. P�rlod Endi� 1.Sep92 1.Sep93 1''ef94 1SeFs9S iSe�4B SSep97 i;ae�96 2.Se�99 �Sen00 1.Sap01 1.Srp 02 iSe�s83 i,.ippa¢ ISepOS 1,Seµ08 i,Scp07 isegors SSep�p9 SSepIO iS�p11 S.Sep12 iSa�13 OSR Inaxne P 8.00% Grass Iltxwil 6 B�t�nce fn 4�'sl S�tMce final Ye�r ti35.020.00 f 58,354.03 731.410.00 58,B54.p0 732.170,00 58,854.OU 737..BSO.OQ 58.854.D0 735,475.OG 56.854.00 732,570.00 58,854.00 733.820.00 S9�B54.00 733,1'50.00 58.854.CA 730,5T'5.00 'S8.�54.00 731.573.00 58.654.00 735.fi75.00 fi9,B54.pp 732.400.40 58.854.00 732,?25.00 58,854.D0 734,57'5.00 58.854.00 733.fi3'3.o0 5s,@54.00 734,685AD 5Il.85M1.44 73z,3ao.o0 5e.e5a.o0 73�..GOO.DO 58.854.00 731.980.00 38.B54.U0 732.4�JS.4D SB.BSa.00 734,160.00 38.854.00 734�99Q,D0 794,529.00 Net Annual Cebt Sarv4c� f8T8.685.97 fiTi.556.00 673,31$.00 672,996.00 678,B21.OG 873,716.00 674,766.00 87�.298.00 sri,�xi.00 B7Z.721.00 s�s.3zi.00 673,546.00 873,371.00 873,821.00 674,T81.00 6i5,83106 673,486,00 672�746.00 fi73.228.00 874,141.00 675,308.OD (59,539.ODj OSR Income • Groaa Mnu�! IG qaluxe In Debt S+Nia F1nY Yfsr 5�188,D20.D0 157,19239 488.O1p.00 49 03$.52 �088Q20.00 6��038.52 t338,020.00 44.038.i2 7t9,620.00 49.038.52 720,820.00 49,038.5� 7zs.A�•oo aQ,o3a.Sx 720.100,Q0 �9�039.52 TIB.OW.DO 49.038.32 719,7U0.00 49A38.32 719,860.D0 49038.5� 718,A40.00 44,03B.S2 71'5,400.OD 49,038.5Z T20,700.00 4�JA�.S2 719,050.Oa 49,�38.52 72�.ii5.00 A9C3S.52 715,350.00 49,038.'�2 7t8,70o.00 49A38.32 719.575.00 49,038.�SZ 718,173.Q0 A4A3H.52 719,500.D0 49,038.52 7DB,725.OD 770,068.Si �#� .e. ,, �.�,,,.,; , �, .,4Y E; `•> }` r:.�',' Sr�si • �::`��s'' '..F,.rR,s:���. ;}Y;, ., V;�;�':,r,�;:<�;���,', 11 ,-�;1" h.:� ��•`a��sr�iitLi��:, � ��.:,"y, �,S s��,;�.. • .;. .ii)#,;�����`���h�.=`'f.:. .�F y,�l.� ,��,�, PNt abl WolIV�'t :;3�%;,,��x-. r:ifR}I�� "; � �. 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" F � 1%",�±�e!?.; ` 439.983..�8 233.574.5� 2Q0�763.� .. .4. :i � � i •1;�' ^, � �f •,� r 423,48L4$ 24D.334.b2 �3.i11.Q� `r..rf�..'I;�?;'."���i�•�r`�� �8��1.� $:.��.Sx ��.� ,f, ; �.;1�.L�'i;,;j..s.+:f�,^.�i'�w�; ,. �,: y ;.�; a>`T.��;�,:.s. 8T0,58L,�16 6A3�.6� 5,6!.D.E3 i' .:: V�.,�''1 "��`"�'7�'�,{�;�`�;�',� E71.781.s8 1.974.d2 �,�60.�6 .'r.�yaY��€,`�°� S�`'.'�E, '� �Xc 871,441.s8 2�774.b7 �.b31.GQ ��;,•.�l,.y .;��ai�`*���''�jh, . ,�i�`. 5`V}'.:�'F.,� �,.k, i a71,081,40 �.^a�l.52 2�47L.fi �,.��.,�xi;, '��r�r �;�����i�y'���;, 888.981.�li 2�7np.62 ?��69.90 ' . �. ; . �.,� v r�' �'1.,, -'� . .�, ��f�=.�y�;r r 070.88L18 2AS9.'32 1�4�IS29 •�: :�1:�(i,�,��4:,�<',�:�s�'.l��itfr• I B70.R�'11.�8 6,444.62 ��fSG9.TA ',� , � °,�r1 �'A'�. • •, 889�4QL48 4,�i4.d2 ?.611.M I.�:�• �;i�.'.' ":�'�''=��.E,�., r.Y:' ::L�;'r sae,�ii..s �loo�,.ti7 a,a�:.r�} �,�., '�'• r,.�: , �.e;'�°�: . ';:;iq, '. E71.BFii.�1 4,150.62 7�I39.74 �•;•.:: , � ;,; :• O10,O1t18 4,764.54 ��l0�.99 ' 'r ` � t�� � .'y•.E,fi. 87�.T3b.i8 ♦09i,DZ S.bDD.T� � :�{;;r'�` 't d60.b11.48 E.914.b2 ��4'Si.dl . . : e`; 6611.E82,4a 7�OUI.b7 1.71i.5� , . , LL�i �',`� _ ' �� � �, nw � � ezo,�ae.se a.aeo.a� i.ao�.oa � ,''"�' �,�.� � �..��,'�•J�� . 669.130.48 6�Q�.62 S.S55.2S �, •y? ," ;�i ; 6t0�4aL4A 4+844.52 ��71A.59 , , '' : a • • • �� � .,'. f61.843.321 2,3P1.61 6T6.A1 . . '. ::, I= ; ' ' 518.128,775.4Q i2.029.983.03 i14,098.811.97 t13,C35,300.00 51.823,03L31 i13.212,2dB.OD 3b96,545.?S �Y42�QiQ.� ' '' � ' r E.'�ID ,� PV af Net Debt Servica Sevings: ,i+ Cash Provided at Closing: + Accnmd InteresG Totnl pY of Net pebt 5ervix Savings: 5752,919.08 1.478.84 9.� 5756,A64.75 � . il� .f1� _.�;�:�'f!;' I� :. , i i t.''. 'r'.�.�. �;'4�:.� f ��, -;.;.�i�,i,iLF,�y� ,=,!�,ti+.'. i '1 . ;i'�r •5.3•�� i�.i��'t - . t+ .' ..�ii" �r'��I ,�:r.ieE . `t `I �4,,4. H `'? e .s' ��. .' 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Advertisement � �a`.'.;f '1"�^j �:'�:���-?�4�.. • • • 'TlAi1ES 11 SUNpAY,AUGUST 11,1891 .q� 734 �dwrtf�rwe�i 1ou ��e r�Mr�4ru u o/l011 nL �r W ��I1d4W� �I Rr o/J�r 1� irX ��rikitl 1Mrn 1� rq� uT� rJlir Sr+in 1991 8a� i�+Ry TrrraK b eN� j�qrvGplor i� rikb rl k rMLir[.lJr►ir�i NR�R l� m.l� n�� oJ/�R ��lltlf�fi0� or ulr. /�Nrr (� nfl�InN�� �r *wl �. ulla� r�hr 1W �uaNlJrs kMf aJ��� 7r�� ��riiJfelLa ARi[iAC In�urcd PR�PQS�D TAX-EXEMPT BQND ISSUE $ 7,43 5,000* City of Clearwater Gas 5ystem Revenue Bands, Series 1991 iZ,725,00Q Scrtet Band� due Septcmbcr 1,1995• thrnugif 2004� 52,2$O,UqO'Ierm �andsdut Sep�embcr !, 2009• f 2,430,OW Term Donds due Sep:rmber 1, 2013• Praposed Offering Date� K'eek of Auguic f2,1991• IwthrepinlanolFlandfwwn+sl,�wnnln1 rani[nrMR�pli�ncrYYtMCI�! nh r�Ne��ie�..rn�maJniheOdimMe.r�w1ir.�Bdw� u�iwn rl��ionundi�dF N.1 JerEaien,, �he Inlrrnt un ehr 1791 Ilewdl wil] re earlw�aJ�faiw 'M fhte�� lo' i v1en1 [nrniwe ��■ 'r�+we+�l lhe Aotd.n Il�awt.'1'1w 1991 �� a�e, �ndtt ��fuin Ia.y.ndnRul.iian ■fweafaNfnMlnun Ih1�1��e+rro�e�M�.rr.• •w� ie�ha �rr 194, ►iwlL�i��xin. Sr��'IA1i tlX�Mi''T'!oN in Ih�Olf{ai�t Sl.+rmea� ��r a Jr�e�[�don ol alirrm�lve �nfniwrrn �.� �rc�IMrne �rd qn.ln Mh�r u� nnwyrrncn �n koldm d �hc 1471 MnJ�. 'f'h� pond� wili bs elf.r'd nnl1� 6r mr�na af �M tlltld�l S�.�ew�cnb �klrl� �he�l� M rew! iw I�� rn�irter. For � lia� mpr d Il�e hRll�in�ry Oflicl+l S1�ISnrn1. w !or funh�r Gf�rmallan nluinR i. �� �ro�d ns�+lure, plra�e eon�ael ant ol �h� �ffitd d�id brlow�. Smith Barney, Ha�rr�s Upham & Co. Clearwatcr i•$00-2$2-G9G3 5t. Peters6urg 1•80D-�8Z-SG3G Tampa 1-80R-282-0G55 � ' ' , , , Pdclnrg Boolc - City o1 Clearwater � � , � • '. � ��' • '. . : . . • , ' . 4 i. . . . . � � . . . � _. � f NY"vYQ�:�A+Wf i•.� - _ 1 0 . 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' I'� .� r .��..' ,S ��� _' ui�� ifr,� Fry: �^ �r� � t � { ' ' .' . � . .'�: . •� �� ',ir5, y�i;.t�"`...''�i4,1'�i'^',`.�����°{��lt•'�{. . , . . . ;1 �.�. }' ..)L';.,`�"t�{1?t�[i^{3'Y':�'I.'��[rh.i... � . � � � .!�` ' � �:�. �' ��'- .15� � !�'i� ' ' �,• -�� � � "" �. . • � ' 'z, �',�•"�";;'�iF��;�'.'�;�;,:,f7�'1:'.; , . , � • . . ' • ' ���':: ,��i.��f,•'i:s :;;.�, . ' . . . ' . �.�,iYf�.,' . l.�'�::'�„°�. � ' ' ` �} . � t . �4viiF .1'. . . � � r �3, . . . ,. ' �• . . ' .[ � . � � , ,. � � ,a . . .�x . . . - ..�.. ..� .. . . , .. ... . . . � � ' . . ' .. .. a. r �:l'1:rdR.t!..-..Y1.t::LM'.:4SiKS ' Cava� of P�eliminary Qfficiati Statement PitELl�iiNAlt1' 1)I�I�tCIAI. 5't'A'['F.AIi:[V'1' I)A'i'r[i AU(iiJST 7, I'�Ji �?. G C NEW I55UH BOOK•EN'[RY-QNL'Y � � $ q , � C — W � .� � � �7,435, 000* °� ` ° � .CX'T'Y OF CLEARVilATER, FLORIT�A � 0. '�?. _��'� Gas System Revenue 8onds, Series 1991 � ��y � N Dated: 5ep[ember Z, 199i Due: 5e�temfrr 1, (s,s:howm kxlaw�) � Fvi �� The Gey uf Glcaw.rn. Florida Ichr "Ci��"1 ii luuin� I�.SlS,000• Gu Sruem Rerenur 6a+d�, Snin 1g91 G1K "1941 Badi"I II} to pro►i& she ��� Q (u�wls noceiury to id�nce erfund �he Ci�y f wut�ndinj G�s Srtirn� Ilerrnu� Bond4 Serin t98� Itf�t "1983 Bond�"1 +nd (iYl Ta p� eau3n sad of .� v�� luwnrt d rhe 1991 Bonds. Ccn�in of �he net prntrsJi lram �FK 1991 6axi1 Mill b� aud m purclux psdrral5eruri�ia. �Ae prlr�ripal of snd inrcrtu an ���� rhkh. vhen dur, �iY1 � �ud to q! p�incipd, in�m+t u+3 �n� iedempiion prcmiums on �he 19B) Ba�d�. See "Purp,�e af she 199i ead+,' d��ro �/} i�e t9Fl 8ordi wll be luua! urdsr and punwnt �o C.1upa t6fi, Floeid� Sruutn, u uneadrd sad aher �pplinble pto*idon d lar� luwd ,s m d Ordi�unes No. Sl lA•9l to 6e mKted Lr �he Citr Commistiion an Autuu �}, 1991, u suppkmen+e.l (ihe'O�d�nance"1. �� Q� Tht 1991 1lond� arc �ercured 6r � p�iw lien �nd pledje of uruin �ertnus dni+Kd br �hr Uq froen tht op�n�im af ic� �u �rtttm (��x "S�tm"1. monip and in+rcs�ments drpai�ed in urc�in fund► ud ueoum� pu6lished 6/ �he O�din�nre and neninji tfiaron. G C � d�. c� m Ihe i991 8andi �iq � inu�d �+ rcYisurcd 6ad� virtaut couEuns u►1 rill 6r lni�ull� mji��end onir in �he mme of'x7�e DrpultwT TN�t u w CamP�eri Ntr Yak, Na+r Yak {"p7�") a hs nomines. �hich rill ut n rcuri�in Jcpaieury (ur the 1991 8ondi. The 1991 bae�d� rill 6e �t�il►hIe D' �$ to puKhutn (n d�nomimtiau of i),000 w uq Fn�tjnl mul�eplt �lxreei, ilK 1991 BoMfs ue Frul�le anlr under tl�e baolo-en�ry �nt�m mdnn3n[d b� � DTC th�oujh Moi�rn u�d dnlm rho arr. u rn �hrou+h� P7C p�nirip�nti. In�e�nr on �hr 199 i 6ond� rill 6t p+rs6ie teml•utnwl�f bejinnini an Q��� Al�rtfi 1, l992. ud a+ n�h M►nh 1�nd Sep�rmbrr 1. �FKm<<rr. �m ,,,�a„ N� 7}K �gg� p�� rill be �ubjet: ro rsdrmp�ion pria to rtutwiry u mws fuG� dcstrilxd herrin undrr �he t�piivn "Tlrc 1991 Ba+�li." o. m u � C�+� 7'he �rmrnt ai �ht prinrlpil af uid [a�nrst an thr 199f 0«+d� rhen due vill 6c insuml 6y � enualtlpal 6ar1 insunnct f+alicy �o be iuut3 6� � w:. ,� � MIDAC �nlsmnirr Gxporuion �Imuhan�vwlr nith �l,e dchvsry u( �hr 19y1 bw�d�. G ,C N '� A�iiJ14 � 7 L � � C O .�........+� N a�+ � 'i'hs 1991 Bond: wll! noi con��im�e a debs af ilie Giy or � plyd�e oF tihr f�ith rnd rrrdic of �he Ciry� wiehin �h� msanln� of ►nr ��� a ean�e[w�ionA ar �a��wory p�ori�iom a� limiu�lom arx! �he I��uuue of tEx 1971 9orki� will nor direnly or indieee�lr nr eondn�mdr oblipa � N p� �hr G�r Sa pkdte u�r d�elorsm �ue� wh�tevtr �herefor �nJ the holdsn of �he 1991 Flmd� �+Il1 hare tq rerourse to �ht pnwitt of ad rvurrm IFfltion. 4? a�i �� �n dx epieion oi B«d Ca+nx�. iuurnina ron�inulnl mmpli�me by �i+e e��r �'ith nriouf [oventnt� in �he Ordimnet. w�dcr exiidnj a�rosa, � E�� rcjuu�inru �nd �udi�i�l 3ecisiau. ihr inreorst on �!x 1991 6and� ril[ bt t�dudcd itwn �nx► incou�t fix Fedsrtl Intwne t�s purpotet �1 el�e 3 .0 ro��.Q, holdrrs rhercuf. The 1995 Eoed� �re, und�r e:ittin� 1�rs +nJ rrtul�oioeu, a!w e�rmp� from Eniuµ3We usn Impa�eJ punu�ni ro c�,� Q qupter 199. Fiaid+ Su�uin. Sve "Tu Exemption" FKrsin Iw � dnttipion af ahtmuire minimum ru tia�ment �e�d �� amin ahcr �u mnuquencn sa holdm of �he !l�91 Eaad�. ��oa � � � �i � c.g � AMOUIYTS, MAT[JRIT[ES, 1NTi'F�ESI' [iA7ES AND PnICES qA Y1F.LL)5 � m i'j � Amount Ha�vei Inu�esi t4te prire ar Ykid Amoum Ma� �neen�t Ita�e Prin or YkTd `F° � $ � 199f z000 C m �,mp l996 ?001 G � � � tqv� ]oa2 •m m � t9se :oas ,a S rn � �v9a :ow � o o m gb 're� Bond� duc 5eptember I, 2p09, Price 96 � G�� 96 Trrm �ndi due Sep�rmber l. 2013, Price 96 ��a o o (Accrued Inicres� tu be ulde[!1 � � � O . � b. m:a 7T,r 1991 dond� us clf�ied xlica. u u�d if iuue.i ud rscei+ad br et�r lJnderrrirrr, �nl su6jec� ro �hr opinioo u m�M k=�1it� d ihe 19y1 �xd� 6� ���y � Ery�n�. l�lilkt u�d Oliw. P.A..'1'dl�hu�e. Flarida. Qa+d Coueul. Catun �q�t manrn ri1! Et pused upon for tl+e Ci�y bY 1(.A. GalLni�h, � jr,. E.quCn. Ciq A�totutT. Grtsin le�al muem �iU he purcd upon fot �he Uadetrsitn h� L.�. MtWl�inn, Gnndotf !� ltsern, u �q� y P.A., Tsmp�, F•orida. Cauns�l ro �he Umknrriur� 1� i� R�ied thr� �hr 1991 Eddi in 6oak�en�q fam rill br en1fa61t iw A� delixry in Nnr Yak, Nrr Yak, on w F6w� Srp�cmbcr 4, 1991, ��� � o m°�3 Smith Barney, Harris Upham & Co, ,p' � � �j jliCOtpOCR[� ���~ � • EJ[ImYtd. iubj{�C� t0 tlrn�e. � TAr dree of dwa Officiat Swesie� h . 1991. ���� � � � Pdclrrg Soalt - Clty of Clearwat�r � u � ,� ' � , . . . 5 � . � . I. A 'q � Lit , , . � .. ., r t. � � �.�.�,:��. `1 ..`.'='',W : .:.�,�V `.':`'ff:; _��Y,,1.� � :'; r�����;:�.•'�;j.:5' , .L�`;;. ,e'L' ,i•., i� r,,• .,I ..{� .i��rKl �s.,l i:i.,�:y� rl. ':r'.'r� r� "t'����L' , �E:, ' : �`i.�f �' � , I'�'.''��.��,\�fe�.�'��• �-.` .�°:.';.„:��x;:,:r..:.: . ^ •.Tr�` .�=:Li '.la.t? �e�`i'F•�rC�:t��� ti�l�i!;Fr; �, . ��•�i� c:'�:` ;+� 4� . ti�^�� ��;:rii:;�:;� s,�r��ts . . •`��;;; _';�Y,-)��t f'4, �' is,,�.' Y•r�°i.'je . . S� . �L �., �.�, • . .a , . :: ' y re., y'a.'",�j�. . 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LI���'1.'.i1�A�y'.�'�` '3:' i}� �•:7.��i'. !�� "���. <<„ '�;;��j�i�i7}f:��.�il..i: �V�i9E'.��' '.J�,. _�ai,,.i.� •: ,• �i�..: • ( � !,Y' ���:Vt�'ri. „ � 1� „ , , N i. .i �` . �, ,; ' �..t .:, � `f ' ratir;ii:r�astriw:f�:'i�rS3�F�'Y:'3:lwve3 o:ew......v..�.,....,».. .. .. ��.:_:....+%ci'si�l ' / �„ ���►54��►�-�o�, ��,+�b, c� d �����--q � -3� R�SOLUTxON Nn. A RESOLUTION PROVIDING FOit THE R�DEMPxION OF CERTArN OF THE OL;TS�ANnING CITY OF CLEARWATER, � FLORxAA, GA5 SYST�i REV�NUE B�NDS, S�R�ES . 1983; PROVIDZNG FOR �[TBLxCATION ANb MAILING OF TIiE NOTICE OF R�DEMPT�4N; PROVIDING FOR GERTAIN OTHER MATTERS IN CONNECTIdN THEREWITH; AND PROVIDING �1N EFFECTiVE DATE. WHEREAS, the City of Clearwa�er, Florida (the "City"y, has heretofare de�e�-mined to proceed w�.th the sa1.e and �ssuance of Gas System Revenue Bonds, Series. �99z (the "Series 1991 Bonds") for �he purpose of pxoviding funds to �inance the refunding oP the Ci.ty's outstandi.ng Gas System Revenue Bonds, S�ries 1983 (the "RefUnded Bonds"}; and , WHEREAS, tha Ci.ty has determined to call the Refur�dad Bflnds ma�uring on and aftex Septe�ber �., 1995, fnr redemption an r Sep�emlaer 1, I994 (the "Cail Date"), and �o direct the paying a��nt for th� Itefunded Bonds (the "F�aying Agen�"j, �o publish a natiae of such zedemption and ta take such �urth�r action, includinq the mai,ling o� suah notice �o a�l xegis�ered hoiders of �he ReFunded BQnds, as may be requir�d by the resolution secux$ng th� Refunded Bands (the "Refur�ded Honds Resolution��}, and to mail suah notia� �o ar�y o�her holders a� Refunded Bonds whose addr.ess is an fi].e with the Pay�.ng Agent; NOW, THEREFORE, BE IT 12E50LVED SY TI�E CITY CQMM�SSION O� THE CITY OF CLEARWATER, FLORIDA: SECTxON 1. The Refunded Bonds then outstanding �cheduled to mature an or after Sep�ember 1, �995, are hereby irrev4cabl.y calied ior'redemption on Sept�mber 1, �994, at the price of lO2a of �he pri�cipal amount of the Refunded Bonds ta be xedeemed. ; �. , ,.._....�._ , . , , , • ' �� • , •� . r. , �� .,. . ... , .-, . , . ,.�.. . , . _ , .�, .. 5 , .. �......... -� ,� r , r � �lo'��� : i�,c 'e�i�{�P. ��,��_' 1 � f��� ���€��� �t,!1: :�'j. .} �r�r.t»�.lr ?��l.�� �� �,,,,,4•"��•"i�3�.:k , ��";�r�f�}'�' .i���•'-E.r� ;•i��,!x43�i: )': r�f' � �k_�.ti�:;�l���4iF'T���'�;' . � �) ��9.. ? 1'� l�i; .Y,i'�� .:+����ti��YS �..r�Yi t�tt, -�.:��`/i �r` :' ��•Pf �'`�t&�°=i�t::t.�(:, • :,i':{�:,W.'l�y�,�;%:5`�+",V1%�' I J��t. 1�. �!;:.�� �'�`��c�i°v.)y�1i4};A. p:. , i ,.� � �� ; �,,��r,t}: et;'�':�et,�k���: ��� �:�:�,sy;:-�. �.�,�`t° ,T �,i ' +�. f_�SE +'6:; " ::fi=��-;;t ��; �:i;r;;�,� .,,i, e:.'�ri'�" ���` ,•}���?_;�.,.. ; : .^ � _ �,,F,,..tT.S..� . �'�`�aiV,4,��'..'-Si`��4A�s��+• . _ •.y�s�a���i:4,r3ye:_.. � Y ����,p � ��� �F17;�5�� � ..( 4i�i�yd'�'p• ' �IYY � f• � Y��' I. ;f�.�i��[ ���'.,��''�5����as';. , ��� t���.�•, ��;�•'� a� �j ��.��.i �jqfrr�i �3 � �• il,�"nF�"w.���i����r�.� _,�'•�` 1 0 � � �,. s� � lr r 1T a ,(�'i�.r'� 1 1' "����' �f ,� � t:.l�l1 �' Y'.ti�� "i:!v. `"Nk{'�'�7l.r ',.i•.'4: , {' 7 h rt;� r;t �4�'� t w.,,.S��N.�»�--�.t-e:'�:i�.•Y�a��y..'y....;E��R�. 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' s t -` , f dh���r`�'���•'�' �'����;,''�•" ''.� �.r.f','� �'�,'S�• �,°;:5i�: d ,��;�s'•;;, <S": k , . j��9���; ; , �:.'x4 + ' �''•� �k. �'�'•� `, �`� `����'� �' � �'f ,t��r{4`1�1,x"�„`s ��" ; % R , �i `;s t �' �{Y".'��_#; � r'�.' �µ'.}Sy S': F( j ." ( .'. k _ ' l' 'i?'tY �: �.ry:�rY,�:W�� :rt •:L f�i��'i}'��,'•i; :�;riF''�4s,., �'�.i>���� i� Stil �l Y'�i� j 1'jtt f71.: �• ;�i#;.'r� y�,.�,;''y;t;°'!: ��•�:� ����•}'��g �: � ���'f2 Ttr��,.: , �, c I:c.�j��js S"� E?��,;,:,;',. � "'�k }��.�,': `� . wt_. ✓;e ��.,5� �` ' _ , � ::,�.�.,:rr�.;�':::. �'1.�='�1:, .iJ .iii�i`,1.:i15�, y1i.1,'4'�i�Yp�.A�i,4:' �I�iiT�ZY.t.s�l�'ri� yf���'}� :.`o:°:r.�Yif:, .i.�:,F,. "'y....y r..'I>A L4•�., iJ.j:3l� lyas y�ri ���; 'i +si: .'a �' 'i. �...lr r�'1�a i��<.•. q i1"+', • y� r. .. ,:ti, r� .�.as� � r, z:.;,t :- :F.,' �;:�''� t��, ; � � •,� 5.� ";� � .�, ;1f���� �'•' i' :=;•t�' • � ,x r•'.., ��.;1 ' r,i,' ,'t.' �'�.7::�.,:�''" ..t".!fs:��`:��,''� Y,"i;;P; . .'r.'' '.et w� r •'", �; t'; �.'.•�� °';�s.'':...; .��y':'��) ;�. .�,: � � -.��i�' °. ..+� ._:�� :_... .....r,».:a".C.�,...«.�.r...,.a. ..-�...«+.�rr.w..'►iwsMi:i�..i1 �. � � =��'�1iy� SECTiON z. The Paying Agen� is her�by authorized and direa�ed to pub1�,sh a� I.ea�s� thir�y (30) days prior to the Call Date Ear the R��undad Bonda �.n a newspaper published �.n I�rew York, New York, a not�.c� in �ubstan��ally �he �orm at�aohed hereto as E�chibit '�A." The Paying Agent is a�so hexeby au�h��ized and direc�ed �o provide written no�ice o� sucli redemption to the registered awners of such Refiursc3ed Bonds and to any other Bondhold�r whoae name and address are an fil� with �he Paying Agent, not more than thirty (3U) days and na� 1.ess �han fifteen (15) days prior-�o the Ca11, Date. SECTIOi3 3. `�ha Pay�.ng Agent is also hereby suthoriz�d and directed to publish w�.�hin thirty days of the deli,very of tha Series I991 Bonds natias af the de�easance oi iche Refunded Bonds. Such,noticE sha3,l be in substantially the form attached hereto as �Xhiblt "B." SECTrON 4. Th�.� resQ�.uti.on shall be repea�.ed by the City if the Bonds are nat delivered and paid for wi�hin ninety (9Q} days of �he adoption af this resolution; otherwise this resa].u�ion shall be �xrepealable and th� dizection given to the Paying Aqent sha1� be irrevooable. Na�withstanding the foregaing, �his r�soiution may be amended by the Ci�y prior to �he a.ssuance o� th� Bonds. . ' j , , ' •y,'r.:;.rt � R"'�.,��y!� -0"'� .'�`, • •" ��i� ' ' ; i , . � � � "a}Fy�,+l` QY� �` .r� .� �:�y�� . .. �j : :��, e� i` > t. � sfi ? :, � � i '. 1 � ,;Y ; ly ;;,;a: �..; ;..,� z.,� .i i,� „ -,� :. 4•� ;�: �.,•� ti�'ff �(`�'��. 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""',�';'� }4�i;�r�'�:� EXHTHIT A �r�i '�r •y;•p::L,'.�,;i�!': ix,���k��',"' Fa •''�"' . ti , i ,�;���; � � � � '�7. � � } r,; 4" i'i' _ ,i `3.. ¢ i ( � � �f��j�i�, ic .;�:,;�::.{.; ,a,,.. �. � .,.,�P �.�;���,�F�i���'.�. k,�➢ �;4;,,. . , �`:;,i="��Y, �j'`_� •.��'���I,y"�{.;�����`��h�'±��€� ,�y��>`�.:�i'.�' . NQTICE UP' AbVANCE REFUNDING �.��i •t.7jf�r'F�''3. '•�i.�i�i^.,^�:�������i.j'i'f4������ji�J � � y.' i y7'� a�� `.., ' .�, +i"}f. 4 • .rs•:,. .. ..i� ,;.: ',,,�;:i�;�:��� , r,, .t�., ` ����t� .. � � . . ,, ., �<�{,� ��,;�� `���'�, '��� �p`�;�;;a: ' CITY OF CLEARWAT�R, F�+ORxDA ..L � �i'g tit. ;rJ,i,`:?�w'rZ tiA. �'.: .a. �, ,��i J.' ,. a�`J+.:r��Ci i..rifi�'�� �iN��''t�:,: �i, � �` . � 'in �,�c i �f � �.+r��S •i 'f N ,� Y �.v+1.t y . �.� � ' �f'�d �1�` ,f�t���t �w'� �•��rt,z'��';ti GAS 5 B�NDS �^y -{.�� � �_ s YSTEM REVENi]E � �• ���t �������}:."� r ,t;� �4�:.�.;�a�1� SERIES 1983 y 1� i�W f i:'r�F. ni`i 4 �' Jr�' ! �fi.c�.,dx.x� �!x lf� `-# S ;; S �kfCri��+�+3 r `rLf�)C "�� � ;^=�{.', ,« ti �i I 4 ��'� ��i�r =✓y � °y �•1 J,E � • ��'`� 1 � ��T i�r �!" �titif,'+:'t:#'j;:1':`i; i 't, it` �'��'��` .�� >T►�t.,r` e� � ��. t;t�"�{'3.���ri'• � . . ;� S�','� �t�: .x°��w,�c�s� t�4:'" ��s�. ;y�'�x�•�°�i •%.� � ��* �: i Y �� � ;� � � E4• ;,4' . � * �� � �t���,� ,.�,� �:�,a NpTICE �5 HEREBY G�V�N that a�.l outatand; , � � L': �L '��'� ���� ;. S,�k�'; ; Clea�water, �'lorida, Gas System Reve�ue Bonds, :1 � :�' �i � '. Y 5� S"�,�"; � �� '��'+"�.7 �,t �.�n �;«��: aaturing Qn ax aftez September x, 1995, have beet °�i ������•>'� R�� ���� �s�`:� called far rademption Qn September 7., 1994, at the pri �.;� ,+: �.����, F, ��.�'-���''�� ' t h e r e o�, p Z u s a p r e m i u m n f t w o p e r c e n t ( 2�} o f t h e p r i '��`� �� ._ � �� � �F .� �.� ;� 7 �j�,�� thereo � . r � ti ;j,� !r� �`: r . &, � Yil}r.� �i r .� ::���„�, ,-� �„� k>, ��?': Paymen� of the �rincipal 3mount aP said Honds, .; �?;���' •�� ���r{`�� will be made on a� a�ter said redemptio� date o� SeptE � t; �,x "�,� ���` upon presentation of said Bonds at the principal co ,i;:: ,�'� r• ��t�, o�f�.ce af First Union Nationa�, Hank o� Fl�rida, S� 'a r� �"�"..���, �-�.'���;� F�,oric3a (�ozm�rly Flarida National Bank), as Paying A ��� ,. ,.�.� '�����', Sonds. �ntexest on said Bonds aacruing to or p 4�i (r�' ) .� ' . 1, ��S ` ; � , �� ., . . : ,. ; redempta.an date will bP paid in the usual mannsr. �nt ' Bonds will cease to accrue from and aftar said �redem , 'l � , � '�.� '��.;� y � ,�, ,� �� DATED this day of , 1994. k' � S^5 1 �� � � ' �� r►" '`�,�s FTR5T UN�ON NATTONAL H� ``�` � ' � r � � As Paying Agent f• `� �{� � � ..r � . t ., ., 5 Y S�,l � { ��� F ��. 1R � � t c ,� SY '� �f�`'- '• , . : ,� , . � i Y � � �� � rt�� I e � � i i � � . � . . � . � . � `a � . r � . { , • w��,'.� r� 'l . :x` , . � � � ' . . . . 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Clearwater, F�,arida, that the City of C�.earwa�er, Florida, Gas System Revenue Bonds, 5et�es is83, ma�uring on or aP�er September �, 1995, hav� been advanc� refunded by deQosit�,ng in �rrevoc�ble esc=ow cash and obl�.gatians of �he United Sta�es oF Amerioa su�ticient to pay the principal and interest on tha Bonda maturing prior te September 1, I995, to pay princi.pal, and intarest on �he Bands maturing on ox afte� Sept�mber 1, 1995, and to pay a r�d�mp�ion premium o� 2� nn the Benda matur�,ng on or after September �, Z995, which are beins� xeda�med o� S�ptember 1, ].994. Such Bonds shall no langer be entitled to any secuxity cr beneE�t under the reso].ution autharizing th�ir issuanae, o�her than the right �o receive paym�nt €rom said mon�ys. DATEA this day of , 7.99�.. • I'xRST UN�ON NATIONAL BP.NK OF FLORTDA . As Payi�g Agent Y+�'I. ... d ".1'",. '�1. .l ' • ' . t' � +: ,�...�...� . , ... , .. By , 5 ,� •- .. «w.Y� r�,ry.., n.i.x:.r.-.s...�V..i�.i .-.w`.i .. � �. ' .. , ' i I+: . 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'.�1S��7fu�i:1�... . .., r .. . .. ,.....�..w.i.o+.:a..:1...a,....a ..._ .. ._-..., : �•. _, . �i•.'t..} � � MILLAGE URDINANCE URnYNANCE I�IO. 5115-91 AN ARDINANCE QF TNE CiTY OF CLEARWATER, FLORIDA, DECLARING THE MILLAGE RATE 'FD BE LEVIED FOR THE rISCAL YEAR BEGINIVING OCTOBER 1, i991, AND ENDING SEP1'EMBER 3Q, I992, FOR a��RATION PURPOSES INCLUDING PENSIDNS AI�iD DEBT SERVICE, RUAA AND DRAINAGE CAPITAL IMPROYEMENTS, ANll A RESERVE FQR SELF INSURANCE, PROVIDING AN EFFECTIVE DATE OF THIS ORDINANCE. �i WHEREAS, the eslimat:d revenucs to be receiveci by the City i'ar the fscal year beginning October 1, I941, and ending September 30, 1992, from ad valorem taxcs is $20,917,8�0; and WHEREAS, based upvr� the taxable value pravided by the Pinellas County praperty Appraiser, 5.2037 mills ue neeessary lo generate $20,9I7,Q54; NOW, 'I'HEREFORE, BE iT QRDAINED BY THE CITY COMMISSION �F THE CITY OF CLEARVVATER, �LORIDA: ion l, It is hereby detcrmined that a tax of 5.�.037 mills z�as�st ti�e non- exempt real and personal property within the City is necessary to raise the sums to be appropriated for aperation purposes, including pcnsions and debt service, raad and drainage capit.al irr�provement projects, and � reserve for self ins�rance, fbr the fiscat year beginning pctaber 1, I991. ec i n 2. The levy of 5.2037 mills canstitutes a 1.7% increase o�er the roIled back rate. e tion . This ordinance shall take effect Qctober 1, 1991, PASSED ON FIRST READING PASSED UN SECOND AND FINAL READING AS AM�NDED Attest: Cynthia E, Goudeau, City C1erk Approved as ta form and correctness: , . � M. A. Galbraith, City Att r�ey ,. � . _..._�.. � ; �� � Rita Gasvey, Mayor-Cammissio�er �n sS�d 4 s-4- '0�'�i� ,, . i O �.: 0 ��i��:;��' ��.�i'��'�:�'�"�� � ;t"•i��f�` �� r'�LY a;�� �. .3,r� � °�, f' �i ��,r �'{�:�.�,.`�ie;�1� .F �7•; � ��(,ti�,f v '� . / . . . � �� SYfiY"�ltti' k °. t[, �.��'� �� �1 't A!Y r[,�„��ij�'ro�.,'r's�' � �• {`�'��'� . 4,��i.'SS °t} i��•�A�r4 i-1 G i1 �J"'f� �:H�y��;� �,l �: .,•;�: �.;��;E� � � �;�,.w:.,.. � y wt�6;, �Yt � �.�,,� ;.�� �i;�':�'', �.,;.-.a���;:r>"�:;;;:;�,:'; . k' .'..;,:i'�:;'„•,4,�' f.3 ic ,: ; r�.. 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' �• _• °� ..a' y�c.��.. is. �. �.., ;..nt it..:'e x. s.++," �• nri •'1s. °lt: itt: �.�;.:'�a {;.4r.� '� 'r��� -�`%�. �rf=: i" ,4"�J .`.t:•':•. : ^;'%`� r i�� ,'-�•.;7� �!�:.�r• r„f'r �'l •°�i �zM stl.�,t' ��I�f��s�^':•:kt�. �.a� .6.�! d�."�'.r ,.t. L ,ti.,.,-% 4��l.',l�.f.�?g*S3'. {e�h� d.�. ,:>e.4.'`'Y�j1',� �.�;�>W,l�{' .I .� �i. �.� -�?.� i °i��li'.,j�•�:�'� �l.r�f:�Eryl�. _��.;�y�i n�:1•. �i� N; �r f ��s {. ' :'tix ii � T� .:ii. til�r.. :'» � t p y 3,i . � � j�3�.�� �..�4 �:. �� l�y������it�, 1`'�}aNCf'2�t''.r�;�i;i.i�r i+,�."{;;�:��:::��Ri '�" �� �it, ,.''.+ .i�iF��;t�t1� =��:���t,�1;'�S3r.'�'°f:+.E'�� ti4C�1�� "��� ;{,�i��.�.•:l}.� - n� _ .,�•, ,�;i,l.'I..�.p ` . , •.i. r.�. �,7::�,� r'� w`�+Y-.. ���r::4.c;�`�%��` }�'#�.�i .M1. ��i�:F. rE�lifi� �ylhFr� p . ' ... . . � �•�SirM1yil..�'��Ce�1�� �i°y'hL�.�Sse..�tr��,-<��'Y,1Ff: ��: . � '':�';��'';.f.�'.J. <l��s�'r� "y�i..jv �Sltitr, - ,. t.' . ' . � �� i��}�Eix.t'�;'f'ra�;'�'�"'�o .�n. .�� `sn}'��.+��'�'.•... � .d :'•�.«f , ',` .! . .,�' .', "� ' ,' � .��.�`: ' '?,:� t•i':i,�.�...~ Lf.� �•3� � I �':�i�w "1�:�+3�='..��: ��w:,�i:,�l{n1R".n=«�""�.i.':�.�'::a.]}.l w::t:-..'.'.:AS..!T:r::b:ii_$?�.C`�"'ti:'�:�ii.ti'.F�'SLil..i�"�i:a�. [.��"".r�4TiMwl�t.f OPERATING BUDGET ORDWANCE QRDINANCE NO. 511S-9i . .r�.*r�� .,y,4i;.�✓-�.�.���r..�e.E�.,.,,f. �.^''s;�rsS�''^"tv'��i�{;:, � AN �RDYNANCE OF THE CITY QF C1.EARWATER, FLORIDA, ADOPTING AN OPERATiNG BUDGET FOR THE r1SCAL YEAR BL-GINNING OCTOBER 1� 1991, AND ENDING SEPTEMBER 30, 1992; AUTHOR�ZING THE CiTY MANAGER TO IS5[.IE SUCH INSTRUCTIONS THAT ARE NECESSARY TO ACHIEV� AND ACCOMFLjSH THE SERVICE PRUGRAMS SO AUTHORIZED; AUTHORIZ[NG THE CITY MANAG�R TO TRANSFER MONEYS AND PROGRAMS AMONG THE DEPARTMEN'TS AND ACTIVITIES WITHIN ANY FL7ND AS PROVIDED BY CHAPTER 4I OF THE CLEARWATER CODE OF ORDINANCES; PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Managcr has submitted an estimate of the expenditures ne�essary ta carry an the City gavernment for the fscal ycar beginning October Z, i991, and ending September 3Q, 1492; arod . WHEREAS, an estimate of the revenues to be recaived by the City during said periad from ad �alarem taxes and ather sources has been submitted to the City Commission; ar�d � �•�." .�, i : ;' ;"!,, a „�: ,:", ��;;;. �,. WHEREAS, a generat sammary of the operating budget, ar�d notice of the times �9�:'�� ''`: v,;%�r'•i P� :��: �;.?, �wY;�r��,�i�n;.y;. ,, it, a�d pIaces where copies of t�e budget mcssage and operating budget are a�ailable for inspec�ion ; ��:;p�.::<:'?: �'i- ��;; ;'�,Y,'ti?;:>k;; �: by the public, was published in a newspaper of getieral circuIation; and :=�.�._�.�..t;�; :; ""�':�:�-������`�i<�. WHEREAS the Cit Cammission has examined and carefuIl considered the ;��; ��,..t:�.�. � Y Y > i.'"� 4u��`_..,Y'I:. . . �,,:`;'i . ',, . {r' z; .'�`5 , ' •'� •. •rft{. f � V`. ! 2':�.i�i..H','�' �J� . ia� . f„.� }S .��r,' '`.�, � proposed budget; and 1�4�HEREAS, in accordance �vith Chapter 4I of the Clearwater Code of Ordinances, the City Cammission conducted a public hearing in City Hail on A,Ugust 15, 1991, upon said budget and tax levy; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMTSSION OF THE CITY OF CLEARWATER, FLORIDA; ection �. Pursuance to the City Manager's Anr�uaI Report and Estimate for the fiscal year beginning October 1, t491, and ending September :i0, 1992, a co�y of which is on file with the Cit�► CIerk, the City Commission hereby adopts a bud�,et for ihe operation of tt�c City, a co�y of which is atcached hereta as Exhibit A, ection 2. The budget as adopted shall stand and be the budget of the City for s�id fscal year, subject tn the authnrity of ihe City Commission to amend or changc the budget as provided by Seciion 41.U5 af the Cl�aiwaler Code af Ordinances. � n . T�e �ity Manager is authorized and d'erectee� to issue such instructions - and directives ihat are necessary to achieve and accomplish the service programs authorized by the adoption of ihis budget. Secti°n 4. The City Manager is avthorized for reasons of economy or efficiency ta Gransfer part or all af any unencumbereti apprapr�ation balarice among programs withiri an aperadag fvnd, pro�ided such action daes nat result in the discontinuance of a program. pa SS� �5� ! ,'��� � � �� � ; s �. i �•: `r q ; ".t"' '",;� t'';•i.� �° it�� ��' � N�: ` ;,St,.'1 'I'',�,'4k;`�°y �` F i� '•�515``,zl� i,'1t•'`r�{j�`'•. Ft,.9.. "°r':S';i7i��'Io'.`q'•it l. � '5�'' `r,RirS4a11rrt��. ; �'..,;}'''Yw :,.�,�`��.,.�, 4' '1 . '`.�t,',�� y'Yi; .�r`,',t'�;t�1=,�;,. ..,� y� ^��. ��� wi;'�£a1'��'.��;�; � l'�C��-J5�3',�1FV'�N,.��.Y! ` � ;�:�;"i?*'i'�;1' �'`�;�?; � ����Y��JJ:qw. fK*,'7i,�f��; �5'��r� .qt;' :'*�.F,�1;.�1�7l�A ��� � •e �`�, '� ?r; �}., ��r •i'��,��j;'}x�..��'� � � . �` f \,�iY . �Y.��,� a'���}` �( 1 r,���' { �N���� 1��'���.X`���,� k' � �.�;.;�� ;� � �'� �� '��'•y��.� �r� # �,, +€L. �n�,�,Y�; . • a i� � G •.t �- i Y i "-� .� � S, �'; � �� &1 JI � f ,� � � •:��� � � '' ti '���. �� F ��x r �, � 3 ��•: .'t �� �; � �, i � .� 7� �; :,; � •;� .� .� k"'� ;. ,�� �-� E� ,,,,� � i 1, S:. �;, � .. .� •z;�'.!>,e��•.,r,,.,•_�..,��:",',+_.,• �r�'; �[xif'I�:sz+,�:,!'tf",. .,;a.t4 �'�;Y '.y.., ••'5,,,.�.pZ:' �,�. , , '. . . `` �. a'4 ;. .�;� rs.s� '�� i. . ., , :4 ;'•3.� ::. "S� s".. ' 3`;;�;' `'b�ej� °` ii ri v t�.\,+�.i I.. ...�).... � •°S� ..... .........l.:•S .�?3... _iJ��. .��5'::�:.rl�.'��. .t..t.�.F�.':�i [�'?� .P,��:'�i.2 i.. i��x Y .' � si?�� �, � �'����f"�,',F'•t� ,:i �iF: Y,, �1ft;';'.�,�; ; •"-;��3� �.�';� �,�:�`, 3'+' , :;1?i�Y';'j"� ��r"r: �,�s �,, `}- r�� . :' ��.;a.,-€.-'>' : ;ftii��. `:.t,a�'k;, '��:�r`.,,:z;; ��s. ,>�:4,...,, t;:��;., . s.; �;�f„;�.,'>', s :: ;:�; ... ; :a:�'t'.,':: i�.:'ti':11 `•' � � ef t�r� � ;,r.'�*4� _ ' ; i :,, � ;. :�; ��;^: ;a ,4;�,��;. a�, :,,. ,k; . k �.t�.. ,�:��i;.,.� �.:::?,'� � •�:� ��=�'`�i�� ;�'�Y`;�j i .a.Si�' ^ . __.,. � - � f . , ..,e.i�. 't .' tla ' - .1't. _ �3i.,..,.�.'Jt?i� ,dw'i ; ":.� s''^� a��.iY�.-'iM.'i[P:.�,f7�'e�:.Tfk:—r3� ENi3�,+ti�: 6 �i��t k •'r . • ( 0. I'lY�'Iij;kn�lY �j.� t.'��',�`��'��r`Y'i�'`Y'':��:5i �;,�E �ti..+it'twf•�d�:,,�.� +'t t�:('f� R��; �;r: .. ....;v;7:��,� �sC,:=�r-;����4 a .1 lt�',.7i'��.E�n°�k's��.. ��f,i�f.a �i3: '-�'t�a�r . ,,.. r� . ._. �.?�i,_ '�'i..�..._.�!���..a�1�?'^ `� ��tion 5. It is thc intent of the City Commission that this budgct� inc�uding ameridments thcrato, is adopted to permit the lcgal appropriation and cncumbcririg of fu�ds for the purposes sci forth in the budgct, All approp�iatcci and e�cumbcrexi but uncxgcade� fun�s at the end of the fiscal year may bc expcndcct daring the subsequent fiscat ycar fvr the purpnscs for wh4c� tt�ey were apprapriaicd and encumber�rl� and such expcnditures shall bc decmed ka have becn spent o�at of thG current budget atlocation. It s�a�l s�at be ncxessary to reappropriate additionat iunds in the budget For the subsequent fiscal ycar to covcr vaIid open encumbrances outstanding as oi the end ��' the current fiscal ycar. Section 6. Shoulc[ arty prnvisian of this orcfinar�cc be dc�lared b}► any court to be invalid, the same shall nat affect the validity oF the ordir�anc.� as a wholet or any provisi�n thereof, 4thcr chaa t�e pravision decSar�d ta bc inva�id. 5ection 7. This ordinance shall lake effcet 4ctaber 1, 1991. PASSED ON FIRST ItEAD�NG I'ASSED ON SECi�ND AND FINAL READING AS AMENDED Anest: Cynthia E. Gaudeau, City CTerk A.pprove8 as to form and corrcctness; � �.�i.�C-� � M. A. Galbraith, City ttorney , . .. 1 � � .`J.' Y�1' •:.����. . •>uwl�T�.�' '. :� ' . , . Rita Garvey, Mayor-Commissioner f S 1 • ��.. � ` ��Z � , . . . � .. . �..a � ..�...... .� � •w rw .o. ....,. � �1ati 14�i . ''�. f A � �i �'��; � ' /Y� r�f�ix�i� i Ej��. ��G� L'. ��1�� Y�j'�.�.. .,sFt�,�����k� �.�Fh�`yi;:l :,�, ,.:�����„3��,�:, ,� � `. ; ;>; . : �.. j*.=� ', ' ��`�ty',Ft`;{;=„`,'��,``. 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Y't' f Yi..�� � . ... �}� EZBIBIT !1 . . .. 19 9 i-9 � avnasx te�,vett� ' ]1otu�1 8udg�tsd •gudg�t�d � � , Revauue• ' iiaveaues Ravatsuns ' • ' 1989/90 ].494/91 1991/9� aal�Rtti. 1r[n�ra i Property Taxae x7,162,S9b 18,955,105 19,45a,Cf70 8alee Tax ftevenuo 3,471,633 3,745,00� 3,494�40p Fre�nchig� P'ees 4,73Cf,462 4,439,600 q,955,700 Utl.lity Ta,xem 9,085,218 4�1OH,070 9�3C4�330 Licen�ee & Permltg 2,17&,773 2�025,920 2,OB2�OQ0 Fineu, Forteiturea & Penaltiea 1,51�,082 1,518,000 1,338�2dD Intierqovernmental }tevcnue 7,0�4�645 6�93Z,140 5,498,920 Charqea foz Curren� Services 1�d67,814 1�093,570 687,59D U�e & 5ale af Ci�y Praperty & Honey 1,043,367 1,041,SOd 1,050,640 Mipcellane0us �i�venue 127,262 116,OOD 7.32,500 Admi.nia�raGive 5ervica Chaxgea 2,491,760 2,616,].20 2,595,230 Orhsr Service Charge� 1,504,290 , 1,757,72a 1,850,98� InGerfund ChargeB 1�772,870 3,A0?�ab0 2,868,SB0 TO�Na O�NERAI, N'LTHD 53,L49,772 55,755iAQ9. 56,559,24D SPECIAL i�tIEMT� FUNDSt Specia� DeveZapment Fund Special Program Fund Util�ty Fund Bridge Fuad Marina Fund Parki.nq Fund Pisr 60 Fund A�.rpark Fund Admi.nis�rative 5ervirea General Services F18et Maintenanae Iasuranca Fund TOT}1L ALL F[JNDS � '' � , .. -.wr-..� . �r.y - �� ' . . . , i.. , r+e-+r��—+--w--. �...�—�. ..�� , S ' , i , f 7,67Q,Aa3 8,253,385 8,A56,785 �,652�044 922,U00 1,Q00,000 49,g4A,379 55,089,244 54,563�47C1 1,63I,fi40 1,673,810 1,701,60d 1,653,157 1,642,090 1,7G3,750 2,3p5,7B5 2,410,97p 2,460,210 315,�00 338�350 326�000 45,136 72,550 0 1,951,105 4,052r395 3,907,290 Z,277,743 ?,345,140 2,475�480 5,447,772 5,843,870 6�735,070 6,739,750 7,532,050 7,7.32,000 134�331.�177 146,941,559 152,t}60�895 _� r. 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ExHIBx'x !1 (Coatiauwd) 1491�92 8UD�3�T E7[Q�lR3IT[iftL8 4F.NERIIY, P'ilND t Ci.�y Commmieaion Admini,atratian Public irsformntion Offite �conamic DavelopmenY� Le��l City Clerk Adminiatra�ive 5ervice�s Human Reaaurces Non—De�artmental Emezgs�nay Management Police Fire PubZic Warks — �ngineering Pu�lic Wosks -- Airgark P�blic Worke — Enviranmental Public Wcrk6 — TranBportatiioa Public Work�s -- Infrastructure Ple,nninq & Developmen� Parke & Recrpation Safling Certter I,f.brazy TOTAI+ fi�NLRAI, FUND ALI� OTHER FUNAS : Special pevelopmenti Fund speci�.l Praqram Fund U��13.ty Furid eri.dge Fund , Harin� Fund Parking Fund Pier 60 �'urtd Airpark Fund AdminiBtra�ive servicea General Servi.cea Fleoti Maintenance ineurance f"�nd TOT1lI. A7� frt1HDS � i ,r. , �,,.' ; � r,.., 4 � .._.......� . .. . . . .. � .-. . ! Actual 8udgated Budg���a �"xpeudi�ure� Lxpes�dituras Lx�and3.turea 1989/9D 1990/92 � 1491/92 234,333 9�13, 871 208,893 99,OB7 550,008 466,095 1,A18,64D 662r973 4,502,618 11,G2fi 16,204,891 6,232,746 1,987,816 0 181, ].04 2,568,190 2,10Zr101 2,367,017 7,611,701 0 2,681,308 52,939,0l8 21D,670 9UTs100 19Q�09D 97r630 745,SZ0 5A2�310 1,587,100 70Q,44Q 4,5$6,533 5,OOb 17,4BO,Q06 8�91�,410 2, 033, ],90 d 218, 29n 2,706,670 2,i4a,�aa Z,619,320 e,1S6,010 0 2,861,940 56,T55,4Q9 129�650 760,340 iB2,39d 99.QB0 69b�92fl ssa,aSo 1,663�670 721�360 3,911,9QD 5,380 17,661,270 B,989,630 2�110�340 5�,Oa0 , 224,510 2�637,570 i,ss2,aso 2,777,760 8,4fi5�3b0 73,3�0 2r9g��830 56,559,240 7r879�527 8r382�455 8�456�785 �I 1�536�774 848�04� 1�000�OQ0 48,572,430 55,084,240 59,266,980 1, ].54, fi65 J., 573, SZO 1,102, 690 3., 672, 921 7., 580, bD0 l, 669, 450 2�08$i079 2,410,970 2�46Q�210 33Z,937 320,630 • 306,910 31,821 72,55Q 0 3,534,005 4,052�395 3,907,290 2,390,753 2,309,830 2,385,570 5,737,472 6,634,390 6,735.p70 4,531,991 5,532�21� 5,877,760 132�40?�39Si 145�7}.2r4�9 lA9r?29�95�5 ! .--. -.. .-.- . � _ , ..�,..... . ....� w..l»-.�:.-' r .v.. • '��is�A ! 1 m � � '�z_�}�y�`C.F��S:{���� !�. : �+t='� . t ; �r.; �,,�,��.: ` �Fi * �1w1Mrj '"5 � y'�J� "1} . ���'Rl�• s ''�•''',^ �: F;,;'s-c 7*�;jiti?'f;�`� , ' ( ;'t'� }f, j,�"��,.".� :.T�iy'�. 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' :!'ri�:. � t r; S i=, . � ; �u.�:����_;��: -:;��.�1;�_.:;�;�..; 4JY1: rM•{.�.Z.. i,W��ily���3:'� '�l '�„��i �• .,'(,�'k ] W }; �5�� : tid?ti'•a�i ''" ,� r "��4:ai��r ;` ;: � �'�t'i'�f k,ir'�}� ��r :`;���=r:�sry!�:;'. •! LI ��'•S . -;�-..��.w�,':; �,,:;•; �c,-;"�__ :;: �.i�:.i., ,,� .. ,�) �,_:.,�.1;?�.�. '��A:Ji .:�;: ���'�.�.'��n�:{ q•�' � Sv. �ii.S `�ti : I' l. r^. � i�:.�43: ��� `�`i:;,�ta<'.7 . �''����r..F1'k �ry� i;�:?,i; �� • ,,�.� , ,1 w.a,�,.�,.. �`,�'l,i,.'17�% •':�:P �. ;, ��. ,��:<<��-; :,, ��I���,�� 4;�Gsr , � r -` � , j;�e��'';�'i�. ','� . ; .° ,'��� d� �� � CAPITAL IMPROVEMENT ORDINANCE ORDINANCE NO. 511'i-9]. AN ORDINANCE OF THE C1TY OF CLEARWATER, FLORIDA, AI��PTINC THE CAPiTAL IMPRQVEMENT PROGRI�M BUDGET FOR THE F15CAL YEAR BEGINNING OCTOIIER i, 1991, AND ENDING SEPTEhiBER 30� 1992; APPR�VING TH� S3X-YEAR CAAITAL IMPROVEMENT PROGRAM WHICH SHALL BE REEVALUA`I'EU AT THE BEGINNING OH EACH FISCAL YEAR; AUT��ORIZiNG THE CITY MANAGER TO iSSUE SUCH INSTRUCTIONS THAT ARE NECESSARY TO ACHIEVE AND ACCOMPLISH THE CAPSTAL TMPRQVEMENTS S� A�EiTHORTZED; AUTHORIZING THE CITY MANAGER T4 TRANSF�R MONEY � IIE'I`WEEN PRQ7ECTS IN THE CAPITAL IMPROVEMENT PROGRAM; APPROPRIATING AVAILABLE AND ANTICIPATED RESOURCES FOR THE PR07ECTS IDENTIFIED; PROVIDING AN EFFECTIVE DATE. r' 1 �'�t � ,r * � . ; i i:�k"r s�i�; r��4j�-,� �,��' - � j "i�i.1;,,;.�t}�i 'Y K � 4. r =.�yt'4af.�{ ` y 1 . : i ^' r�''• `'''+:•S��t`v O .n�l.�!��, vy.{��t�>. . Y'., •�'*,�; x� ( !. . ��'f:, iy4'.f�',";,zi�.'t1�; � _,' �'r; ::• •'�;',U_Rr•ot.. .. �. i3� � t. .'L 7 `'y��a�`'��' . .. b ; r= X �;r • ; �:i° . ,�'1 rY�l'�\'(. ..,�, � t ' `'� ',+ { 4 i;. � ,� S _ 4� `;rE • I �1 . f11 �+,V''. .� ti ` is �� �1� i : s j; �„ :!'. '. 4.,.w'��, ' • ' ,,`�s ; ;:_.,� . ` ` J �'_ �.;� . � •i: ' r'r:t� .'�J� ��„l, n v� �� �h1k;i �I•�� � ,i4,�1�L��r1�:ePi�� ff.r:� i �r,5:�` ;�i'.�zu3'i�'^�� *a-`�,�;;,� r � .:;.'sY���:i.°.;��"������.ii. � WHEREAS, the City Manager has submitted a proposed Six-Year Capital Improvement Program, and has submitced an estimate of the amaunt of money r�ecessary ta carry an said Capital Improvemcnt Frogram for the fiscal year beginr�ing October 1, 199�, and ending September 30, 1992; and WHEREAS, an e5timate of the resources availahle and income to be received by the City during said period from ad va�orem ta�ces and other source5 has been submicted to the City Commissian; and WHEREAS, a general summary of the Capital impravement Budget, and not�ce vi the times and places when copies of the budget message and capitaI budget are available for inspection by the public, was published in a newspaper af general circulaiion; anti WHEREAS, the City Commission has examin�d and carefuily considereii the prnposed budg�t; and W�iERFAS, in accordance with Chapter 41 of the Clearwater Code of �rdinances, the City Commission conducted a pubiic hearing in the City Hali upon said proposed budget an AvgUSt 15, 1991, NOW, THEREFQRE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF CLEARWATER, FLORIDA: ectinn 1. Pursuant to the Capital Impra�ement Program Repart a�d Estisnated Budget for the fiscai year beginning Qctober 1, 199I, and endin� .5eptember 30, 1942, a copy of which is on file with the City Clerk, the City Commission hereby adopts a hudget far ttte capital impravement fund for the City of Clearwater, a Cnpy of which is attached hercto as Exhibii A. , 5ec�io�2. The Six-Year Capital Improvement Pragram and budget, a summary of which is attached hereto, marked Exhibit B, is apprn�ed in its present fc�rm, 6ut prior to the beginnin$ of each fiscal year the City Commission shall reevaluate priorities, ho13 pu6lic liearings ar�d formally adopt additions or corrections thereto. 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I� 'i�'''Y�,'re'{�Vi ~��� ;�,�,, .�� w� ,..`.��.= �Si3�i�'•t-��r:'��.' �'r. ;i� "��• � ��i�H � � ' ����; �:k'�Il. ..3.: .—_. �F v aSRti'6;�, i�t����I' �; ' 4f�. {�'S �'S,��.i,,� ��e'i^� �i1�, j ''Ki:{,i„'° r''�,wq�.�?;;riS :�j��'?".t,t.;t;r:i >, � 9e } j1i`�`,� yi s�.�".d.'�>�"�.',4.Y ��r�1 `�:� �s��'•yi;li '`.�; s ig, u .; rl�:.'.''�r;,' :: j""..1�T�,�{`f i��. i � ..:,� "L'� ,..e:t'. �' .i'"C.,�..�,'';.• Jt.•s :��� �° t� �[1,�ij���r;..'s�;'F � / �,h �' ' A.1 .� ' i,.:4}'t- . ; r, r�t ' y,�' ,,.:•5C; Y�';;'>:'� !; . S�s�,q�:Rl?il�;i�Ss�'.�t�7' •;�1�:�` "•'�4:Zli:^�'ti''� ' ! , '�,�xrF' 1 iY�i �;�i'.Iv.;;€5�y�.�^. �1 �� .r�i s t :�F.�. . � . ,_t" �k i"'.�.�:,-,' , . ! . 3 t� �. � ... 1�� � ���r�c' ��T���' 'n r`L f��1s+c.�`yAu94YkilSi:Yrl�3.�"$+.'t�:C1;,17.��.7i'�5�."� . r Section 3. Thc budget as adopted shall stand and be thc Capital Improvement Program budgct of the City far said fiscal year, subject to the anthority of thc City Commission to amend ar changc the budget as provided by Section �41.Ob and 41.�8 of t�c Clearwatcr Co�c af Ordinanccs, �II..Q. The City Managcr is authorizcd and dirccted ta issuc sucH instructions and directivcs that �rc necessasy to achi�ve and accomplish !he capital improvcmer�ts �uthorized by the adoption of lhis bUC�g�t. ' Section 5. The City Manager is autharized to transfer appropriatia�s within the capital budget, pravided such transfer dacs not result in changing the scope af any project or th� fund source included in the adopted capital budget. �tio�. Should any provision of this ordinance be declared by any co�rt to be invalid� ti�e same shall not affect t4�e valid€ty o�' the ordinance as a whole, or any provision ihereo�t other than the provision declared to be invalid, ' ' i n 7. This ordiRance shall take effect Octaber 1, I991. pASSED ON FiRST READING PASSED ON SECOND AND FINAL READING AS AMENDED • Attest: Cynthia E, Ga�deau, City Clerk Approved as to form and correctness: � M. A. 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It.'Y. � �j��l-Y� : �1.x �: ��`i sa�,'�;,'`: �� � . _ ;.��.i .� - .�`_t �e�e� �I ;. ♦ + �,'r,.J,� i � ��tl�µ . • . , s, �i • ,'.', -kL'' � �;>. �;�.�,,�� , ; ..r�.� is ., t�'r'���,,� ° s t+.�(�,1� � . , ���r�.��,.,. , �.�� ���.,.���� v �'lky1K ��„� .h'+�..�3 ��_ ;E�l �+��� �' ti�a� ' ��.i,�4^�, . � ' - �1{ •, � ie TI • CIp EXPEHDITURE SUHHART BY FUNGTIDH FY 1941-4Z TNRWGki F1f 1444-47 CI�PS�AL iliPA4Y£FSE111 WND CITY OF CLEARUAiER ' , Schedule of P�anned CIP Expenditures ' Function 1491-9Z 1992•43 1993-94 1994-95 1995-96 i996-97 Tatal Aalicc Protection • 200,OD0 20s,00D 408,000 Pire Prateetion 547,680• 343,i86 g3,g30 94,56D 95,430 435,190 1,611,D80 New 5[reet Construction 1,500,000 2,1T5,000 0 3,000,000 4,750,OQ0 Z,500,000 13,9Z5,000 Hajor Street ileintenanoc 1,437�785 S,44U,000 �,440,040 t,440,06Q 1,446,000 1,440,000 8,637,785 Sidcualks d� Bike Trails 325,000 375,000 475,aD0 475,000 d75�000 725,ODp 2,850,000 Storm Drainagr 235,D00 Z35,OU0 235,000 235,000 235,Q00 z35,aoo 1,41D�000 intararctti�s 135,OU0 735,D00 735,000 735,000 535,06D 535,OOa 3,4i0,0�0 Parking 150,�00 150,000 150,000 950,000 i5d,000 15b,D00 900,OOD Hiscellaneoua Public uorks ]OO,OOi1 104�OOQ Larxl Acqef�sitlon 517,500 71T,500 51i,500 517,500 684,Q00 SOU.00p 3,454,OD0 Park OeveLopment 294,040 555,404 510,0a4 120�064 745�OQ0 71D,000 3,3Z9,000 Park eeeutificettcn 30,000 250,OOa 250,OQ0 53D,006 Narine Facllities 4,050,000 615,000 40D,000 200,OOD 1Q0,000 100�00D 5�465,OOQ Li6raries G9Q�03D 527,000 450�0�0 46U�pOd 47a,d00 4$0,000 3�077,030 Garaye . 1,880,210 2,U9Q,4U4 Z,268,2R4 2,341,b84 2,552,435 2,782,i5S 13,915,588 Maintrrtartice of Bulldin�a 144�905 224,1Z5 799�500 977,000 278�000 1Q2,50D 1�qZE,03U Hiacallaneous � 50b�670 100,D00 � 606,670 Starm�+ater Utllity Z,8G3,420 2,790,000 1,512,004 1,250�b00 1�250,U00 i.250,000 10.4b5,4Z0 Weter SysLem 1,33G,500 2,318,D00 1,582,000 1,34�,pU0 fl,141,$00 9,�18,100 22�386,�,04 Seucr Systrm 6,278,000 4.850,OOfl 2,05D,�Q0 2,450,Oa0 2�450,000 2,45tl,C0U 20,6ZB,OOfl Gaa Systcm 818,250 1�414,OQ0 1,;64,200 'E,48D,�00 ��521,500 1,55b�900 8,Z53,050 Sa�ld Waate 462,000 26:,QD0 345,Q00 370,Ofl0 365,000 415,040 2,222,000 24,296,950 22,509�i14 14,495,424 17�88b,Obi 2+C,x88,16li 25,483,835 129,45p,153 asa�ea�ef�s:��erws�as�saswsrusr°ss�anssu:rrrMra�u:ris�:a�sKts�aaa�st�ttaR�nazos�a�w . . 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"•._t • '�_ .l 5��: .YjMe�..�""� �� r�rk il%:'i,jiit �,"•t'° .Y'a"���•_ 'r 7 y, :F?�fi'�3: `.t:r�.; r i��,'':3i�•.; �.'.l: , tijl;{: 2t�tp • j �: F� � � „�• � ...•.:....a�:' � ED �>(��,�� �� ��;, ; ;x`;:� :.!`' :� ;,�� : "�. �' ' � TO: Mayor and City Commission � '�,'� C, �� 1 �;�:�"�"� � "�� � �: •: p'`�t.At...�i-.'��;.;�- 'r� � ���F�`•� �t�;`j ;.,:���. � r:;,; f;vt � r�,��, �: :�.��:_� � � � 199 �-� � �',r�::�Y�,,.r��, ;s :-<; , .R . , ,-,- FR�M; Michael Wrig 'ty Manager A� t ';1.��.2 `:i _F:nrt3:1�;''i_�}a. ?Cl��.�•.,'rl�i:1:f.� . _ 1' 9 �`Leri:. . �<_`°. COPIF.S: Department an� ivision Heads �,�' �. � 5UB,TECT: Recommended FY 91/92 Budget Cuss DATE: August 14, 1991 Cl i Y GL�€'•�C Per yaur instructions at the Augt�st 12, I991 work sessian, T have �revisited the proposed 1991-92 4peracing budget in an attemgt to reduce ihe expan�e categaries ta accommndate reduced reveaue estimates that includetl ad valarem tax revenues �ased an the r�ll bacic rate. In other words, it was necessary to cut approximateIy $353,400 fram the budget. My recommended reductions are in two categaries: budget adjustments due to error correctians asidlar actian by the commission and recommen�ed reductions or transfers. The third category of alternatives are additianal cuts that could be made arid are eicher s�ggestet� by me or City Commissiaaers. Category One Error correction, Fun and Sun Contribution Custadial costs savirtgs as a result of recent bid Msssenger savings due to fax maci�ine installation De�ete $'3,500 from Library 75th Anniversary � Cate�ory Two Delete Tree Tnventory Program from E�viranmental Reduce Professiona� Services in Finance Departrneai Reduce Gen�ral Fnnd overtime Transfer Street Sweeping casts fram General Fund to Stormwater Utility Transfer contriburian fox Tampa Bay F�stuary fram General Fund to 5tormwater Utility � �, , Y ' � / Printed on Racycled Papar Subtotal $20,955 12,900 3,125 � $44,0$0 , � ��� �� ri i�� 123,OQ0 � �ri � � , . . .. - . . � . . . w .... .. ..... .. . � Fs w. .. . � r. . .� ... ,. ..f���T1�� �R il � • ` � � a, � � �.�i�r!•r.w;'�N,�r-�..rit���er�w�..i��v�,` ���.:l. -- .1a;. . .., • , .. � . . *-.w.t::'y .� " � ..�:r...,...A.�.�lY.i �r,t•yt.�y]�s�F�'t_t �:f����y�C�'!'fi"��'.��4����� ;t� , .���.� ��,�. . ;� .. ' r � � , r .. � . 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L - < ��� �';,,��r���`�,�,�`. ,iF �. , . , , . ..�t,,'�4,.��$i�,�i. -(Y';�`�..•��.� : ' . -^ ' •1• • . ��"•� �..': i . � ' • . . �5.. �'' .�' i . s . . . . . " :fir.� � �•{i���t:.' ., �-' . � , , . � . ��.' , �j,v .r � . '•��'�: ' �.:•:� 't.+� fi�!" a . . . . ," :{.. '�'� rfit����i4����..�s h, . I.t; „j` . �,�r;' . S , , :�:.,�. � ' �� 'c��y� . ., ' ' . , '�'�� t�i � �:����"';Y�ll�i'.�Ja.Yi:s,�i.s«�:,.a.:,w:1...«:.�.:.i:.;'::..:iS. W.., �. ,..�v_i�i.:+: .. , a�:.-: r.r.}_.y.�. ,.;.�..-'. .,..., .. �., r .I.: � . ..-e. ��.,.,. .�i...,................� ' ;`.i,�ti,�,'Se� '-»}etr' �,1 F�: ' ��'�� . . . .. . . ... .s.w�. '; : i,r,• t' .•�r E I . ..! , . :�,_�::z�,ti�';;y:,���. -{:�i��,,.�� ,';?a Transfcr 1.S posstians from theLon� Center ta the .�t,•fi.•5•�i��`.-t`'. .l1��^3��� '�'�, . I ;:. . , ;K: :., �.. f :°` ��� 5aaling Ccnter and eliminate an additional .5 f.;.�;,...... :;�• � � ;�;:•:i;i:���.. , �f� i.::4,.;.::,:�...-:,;�; -.� : position from thc Long Center 37 240 ;.��r,r •,u. a.•,f,. , �.;,,.., ;�i � :F:';�•��;!;:s;'; '' ��"`��' -:" �;�, -,. Eliminate ane pasition from the Sailing Center 16•190 , :': � . ,' ....�, � .: N; a� i<:�i��;t•� i��'r�iL3 ��';�7,}'.� .• "� '. Cl ��., f�=`�'`�;:�;'.a �`��:,,�.: ;�-;1 "', 5.: ��� SubtataI �310,430 a ..k§�^'+..� • �;• ' .�` ��i.'1•'.-Ft`�''[`'�.1 t�.%��!����`,��•y ;t���,,�?:����.,. . �.;�,;,, . �' ; �:f, � •;'� Grand Total $3S4,S1U T:::3','�' ^�' :�';. ��.:}''f�'�lE• . { ��"_' +�I' 'f' �� • ' '.�. ' `S: ` ,.if;.� 'h 1.. a�°':���3 ��.i: . .: � , ��.. . ���. �.. . .�, . ' !; `i�;:;j�: i':�. '- '. � ' 11 ��. '..b�°� •,: � x��;'.."t, •r`<<; ` ;'`�, y; • •.�.�. ;'„ ',.,'. .' iBtE'g0I'j� �31'�C , ` ` r �t • � �.:.�=�,'.' .: . . �'Sr �r'�^' '`� i��y ', ' �' � f' t. ��.4`� ;1 ' . G'"�� 'i < � ' ' �. , y L. f;'," ` ��4Y:1 l7�'.�r; .i�,,:, i'� �l;�.:.P. , :- , ��'� `;} . , .��� ,'r: �� .� : �•:.� "''� Reduce Pinetlas Economic Development Caur,cil contribvtion � 5,000 :• - .�r� . .'s _•...,',���, . ; ��r'"�;{�'��': "=`'�`� ': ' 'r,i • � ' 3'�' .'r, ' � Reduce FlArida Orchestra contribution 5 ' 4 � . ��y= . .lM1,h�: F', .' �r�,�'� � 4 t���i:n•,•1 ' �� `� ff� �"'�E' ��°�" �� ��� '�"��=`:�Y `'� EIiminate General Fund subsidy to Marina for waterway maintenane� 33,870 �r. �:r.�Fi.�'��..i5ft^�r's�.';t�;��'Ai;}`� ��,�,s�'� ��Z4�:.,,` ,l�, Red�ce ca 'tal ur hases i'b t$�00 000 20 Q 0 0 ;: '� �'^f.�';. , .�,: :; , 'yc,•�=;'�- s. 1:�±' �' `,, �`:��.;�'��.� +��,y...�i1. y�f, �.. 1�4�' � E �: � �,+�li �� .^��;ti :; �r; . �;..: � p�...,, � „ ., ,. . pi p c sn i rary o , Reduce retiremeat contribuiians using reserve funds Reduce overtimc by 10 �ercen� Do nvt increasa contribution to Lang Center over current year � 2(}O,OOU 8�,37'8 $S,b33 The recommended Category One and Category Two reductions exceed the rmquested reductians in revenue� by approximately $1,170 and includes the e�iminaEion af tt►ree previously requested position�. Category 'I'hree re�uctions could be used ta further reduce the b.tdget or to sabsritute far ather recommendations. However, I would caution the Commission that we are stili facing a shartfalI of approximately �l.fi million to balance the FY 1992/93 budget as iilustrated on the attached update to the finas�cial forecast. That fi�ancial forecast incorporates the praposeti revenue reductions attributed to � ro�l bacic millage ra,te and ttte recommended reductians in Category �ne and Category Two. Included as additianal background informatian is a memarandum from Parks and Recreatinn Direcior Ream Wilson that explains the pragramming impact of the proposed transfers from ths Lang Ceater. ��`' Alsa attached for your information is a list of 12 employees wha will remain on the payrali for :j;;; up to two years while they exhaust their accrued leave befure officially retiring. In order to fill ;�;�;f these �acant pasitians, of which eight aze in the poIice departmeat and two are in the ixr "'�' departmtnt, additional Funding sources are required. I propuse the ar�ticipated General Fund rt�l�: F � r�� reserve that is aver and above the policy mandated 14 percent be designated as a special reserve h:-'�.:- fund to pay for tSie salaries of retired public safety employees who rcmain on the payroll t�ut 's��: :r�i who are not actually worldng. Based on best estimates, $4$5,00� will be available to pay tt�ese "y� saiaries. 1�Vhile this is more than an adequate amount to cover currerit liabilities, it should be ��w� noted this Iiability ��rill increase with each additional retiree between now and Septemioer 1942. �{; The alternative to not implementing this special reserve �rograin is to simply not fi�l tt;e positions. 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F . .1' . � ���. �Y.��.+ery, ` � � . . . . . ,- aJ �s i:� 'F ' ��` �' . ' ;� �'��' � �rfri�� �.���'�.�°"'y� }i�- �+'.i i•.; � [ �.] L!t:.F e �� .'�a+`i 'y1�,�{1.�'�`�,i,'e}:�,,�. f; : `,:.'� •. � �x, ;�.�, ,. ' e;1e4', �;k'jf��:r,.'�: . . �fl�; � ` �1!��•� t�! . , ' 4.� Y ��.a � . ��y.3 � . +"'; �x;. . ��'.�' `A' ' ' .. i.:� . .� „�: . ' : . . , i � 5.'.�� i:,'x�i . � , �. ' . s � ,, . i� , .; 1�{-�r��(� N�- ���4{ �) � . � .. , `,,<.� .. . ,,. , .`f;: •;' �:i�� ��� � i��i4i.�Rhi1W.A•.�14�4�w.�w�".rL1F^.i...,���...��[....._.5.1 , v...:.5-.r .... �..�.. . . _ .. .. .. � . • . .'. ' . . . .r>�.�Lu..v..4a..u+M1w��LLLYYlry�ti.�L�' ''L:, •1i�i.������. ., .'. �} , 4j i���.>.'!!:.5.','fY ,�� � _:i.+ . . • <-�� � � }" 1� `� CITY OF CLEARWATER , ; '� ��;,� , . , . . �� � � � `� .. ' � `� . = rd e tnl n ndeaca Shcct ;(,., '. ; �;... .J ,•, . ">, Inte epartm n C rrespo :i�rrf �a''�. �'&�• . i�.,, , ;`• 1 . . - � � 9 �"' ;'' ' i�� �' ;,, '� � � , � � T�: Michael Wright, C�ty Managa� •IJ. .�3 i.l.•,�:,i' .M.�°, i ��, !•, . ; �i'^�v...`..• .'i� . . �:,�"; .,:;;; ;'•yv'�� :'.3•:.;. '��•:: FROM: Renm wil8on, Dixector, F�arks and Recreation t . �.�4. " � �•. l�i. , �: . _ � , `, 1"�. {. �' � �. . i i •' , 4 . '�k�:t•r�; :.'y':t'; � � � . 5UB3EC�': Long centar `�; 1;. ,; :�p�;ric' `� � ��}�•` '.7��F"��{'�'.'���:'T;�;' �;. �i.F�►�: AugUSt 14, 1991 � :,f,:r`�•,'.�;: ��;rs'", ' �_:; '• '; :`�i�' . ';; ;;�y�� r; ,„;�; F�� �-,>�'.. `''•�.��:`"�':; .`. ;,'•„ In an ef fort to reduce budget coate, tha Perlcg and Recrea�ion Dapartment .iu jF' . t 5:�T�.E' iLS'?''.'. �;' oj� '.,>�.' P� e ri ,,..,� - a ..,. conaidez'ing thc oliminaCion of two ful� tl.ma equive�oat poeitioaa fzam tha Long '� ";�: ::�ir i�i6�5•�„Y,``J`� ti` � ; �i,,.:•;. �� Cene�r budget. - � � �;,1:�.,: ` '•5:'� "�,._�} ;�- �'�'�. � ��a�1�r'���!Y'i���.t'['t�ti`t,e..W :j:F.:s,.'~f '' �+ r� . n K ,,.,:. �.44 ; F�rat, a fu3.1 time Aecrsation Leader poaitioa budgeted at 2060 hou�� w�ll b� S:'.:;�.���`�•�`f� �i�:'iT'=' �1:i. �` � s - ¢ ;.,.� ��rr,.,;.;}:7ri,.•r;;;f� ;,�t;f';�, j,�..,�:s.;. eliminated. Currently, thia person !.e i:n charge at the front deek, overaess �'�t?'"G=;�;=���;'>•:; �t=�;;•_., :. .,,: :;, ���.. claee regiatrations� kegpe recarda of clasa attendance, moni�ara collectian ot � ' • tn�..yYsC�:l.�M1:i,^� � t", a ,,: 3� ��`��}.�tif��k•7,�a,�, }� i:;.�y,Y,:�i;:,°�, #ee,� fo� cla►�a�g and aesu�ee tha� accurate information ie relayed to the publia � ��1 y� # c; 4 1«;,f reg�rdiriq our p�ograma. Thia person warks cloaely witt► the Aquatics Specia�,iBt .''�����;i-.�;�,;�'�y • r- �r,,4y.°,.,. �, E: • �nd the General Recreation 5pecialiat in coozdinatiag class�e and handli.ng aay ;'F'�.,�;s.l�.�.�`K:�;�:3,:���i Me^%,'.��w�;i�};' psoblema. -�;;;;.ist's,`,,:.,,,<.� •,���, ii'�� r,�;A..; -.:. . �-•.�."� ,r,:r '�''�'�, •�'• ^'�.� t. ; u�'� r't�'` �' ,.• t°� 'ili .v �' • - :•��r '�� � . S . °�'w'�. ,�•;:-�.,3n.-,.�,,t;,;;�,�;s; 'r,,•.•.�•'�°.;,:.' Also, 2080 houre will be eliminated from tihree curranti part tim� RQCreat3.on ':t`, "`T,*;;;�{;�,,.: �i,::��'�;:s;`;+�-s�;''�°'.i� Aeaiatant positiona. Sp�cif3.cally, th�s w�.11 i.nclude the eliminatian of one ,;� j�a�� � �.la.�l'iii�.. ���.'.w.j-^„f•,�j« ', 5;�,::•,�.;;,};,�; .a :,: .,,,�•.'••.:.:=•.:.;, l:.; poa�t�on currently budgsted at 25 houra a week. The perr�an in thia poaitian '""�°`"`"�� �asietfl in gener�i racreatioa activitiea by setting up and breaking dnwn '�..r;,,��n�.iti :a� ;�.,. �,•�.�,r'. :;.:�r�, .r.:;!: ; . "` •'�(.k`',-«}�-:'"^»"""� `` -'��Y`�'= ��`�'� classroome, plari:ting actiivLtiea aad leading various recreation proqramo. This "S1f sv� {''Jl; .i-.r�'Y S3E�� r�• ''��1>•:F •,1`ye y"" i: �� ',;_y',v~L`Ff�:•5 `:,�."�i.' ..Y� �;' `.1.._. ,.. �t' . �ierBOIS warks with the front de�k i.n registerfrsg participanta for programe, ^$ r,: : �1:..� �L S S1i��t �': � � ,,. �,. •,, _ w,��;�:�,� .j ;: ',�,:�� 4.,,7 ;.,*: r:.• callecta feae far classe�, anawere questians segardirig pro�rame, organizee and =�jm,:,�:+;":�-,-,.:��,�.a. •�•�:`ti:=:•.��r.': leada hf.rthday g�rti,e� as�d aasista trie Genera�I Recreation special�.Bt. Finally, � ;Q'i i+ . • � :r� :`.',� ;T;`.t: ��;,; `�� ..�ii,��:"•i :�,.:'•�� ��• �pi., ,.. 1 } • . �? �S�F:!�:�.?1:1 wi7.(. `�:ji y5; 1 � ' i'r� �.'3:. j �,-'i�#: ��di: 'Fr.'•::;.'.� !'R-447+� `ii=; *'n.��.,. �.._at ! f �ic�i�a s. �, ��rr' ''i'�: .1j1F L'�'.�1�� ':n, "'z ` �F.1,1 ..' :Y �.�'7ti•r�i},;�� F-{,'103 ' ..r,6.•w c ..'4 !':: +'.��3 _£a Y; �� ` ;,�..< �;�:'�;� :t �.�a .� _ ��.;; }�Sfs�+Ft � i;I4 �`��,��'� % '�.�"rS�z:��;��i ;��.,,f�.-,.'��1r �., �l��+�' �.���; 15 hourg par week wiZl be eliminated fram � sec�nd part time Recreatiion Aaa�starit •' position. Thia position ia uaed primarily durinq eveninq hourg witih primary �y-� regponaibilitiee of ragietering participanta £or aquatica and general recreation cl.ase�s, collactinq and procesaing fees, �etting up room� fos niqhtZy claasea, Y;��, anew�sis�g any questios�s �hat might be directed toward the front des3c and isadinq �•' anmo pragrams inc3.udinq indoor �occer. !. �::� "''; Currently, Bix and one-half fu],l tim� eqe�iva3ent pasitiona wor3e at the Lang -,' Center. Four and one-half ot thego poe•itions are budgeted ts� the Center while .'`= two �ull time pasitioas are budgmted to the Therapautic �ec�ion. �y eiiminating two of the �oyr and one-hal� positions budgeted to the Long Ceriter� th� Ci�y '�r, will Zose the earvices described abave and wi].l no longaz bQ providinq psoqrams �'P': or clAesea ia the gymnaaium or clasaraama. Rather, the remaining etaft will ��'���-`� cancentrate their energies an thasapeutic and aquatic actiivitiea. Programe which '�""' wil�. no Loa az be afiered h tha Cit include bsst are not limitsd to na�tiLr3, £��` baton, tap and bn2le�� jazz ybirthBay party gezvica, Sunshise Hallaween Cazniv�l, `��'`•` Indaor Saccar, Chriatmas Camp, Clearwater Juniozs Vo22eyball, Sun�ige Tah1e ��,,:L ��,� T�nnia, Gym end 5wim Programg, Yauth Sparts Night, YoutY Break, Youth Phyeicni y� Fitness, and Condon $oy Scouta. Hapefuily, �hs mora succesaful af thage �� � s;,.,, activitieasnight make othex arrangements wi�r the Canter Faundation tc con�inue ^'�. thraugh reatals or by othex sponearship. � ��r The employees curren�ly in theae positione will not be laid off. Rather, by �ttrition, they wi11 be tr.ansferred ta otiher positionA that might become vacan� withia tha Dep�rtmesst ox enable tl�e transfer of a guali£ied empLoyee to at new poeftiion at tha 5ailing Center. The prajeat�d FY 91/92 Long Genter Budgeti will be redaced $37,680 from $301,51� to $Zb3,830. 3 am nv�il�bla in the event yau have any questions. 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AI �; ;�- „1:s'' J'r.s ' e�; . � r .•%:.;` , ° . .,;•, .;., . , � , r , .`,'. ;: ��"..;;4'i'�u ���': �`��:'� . , ' ': :..w'.�.' f::'.'{1��� �s ,; , 'i .4. � I[MII K j s�S�;:!'i�:t�iv�;�S"��'�+�31 ��1� ' .- ��~. �'' . �•'•1, , ' '::,:: �:';� �'1'�:^: r��'. ��.�a'.:� :1 r � �`"iyi�7� rw.'%4`"'�',s=l �� •�7`• J .�.''�a��;; �,�w,�:,,�''�`� ;', �c_ CLEARWATER CITY COMMISSXON NeetinQ oate 115l91 :,r,�;�::=;r;`-'��,'``•�'_;ciLry��;�`•�� ` ��P,+':' �� 1. f i'' '� h' , f.=�� t; �' 1,� �y �h r.��w:4 �'n�1�,fr�i:,fi Y1��:i: .,.;�'a;�.fi.�' :�.:-:..::::� . . , A enda Cvver Memorandum ;� - ; , `�lii�. •'M� L t'\'1�•w� ��A'•�rl i���,.., .�. 1 �.`!;�,�� I!� +,fk �'.5:�.j'Y.} ..',�.�, � � � 5j�?xe��Ji•"S_f�,h� :< <• ' :'i'.. ; � '. .�,� . E`�; : �.�: ,._,,.j.;;��w': . , •5 ',s�« �%y,� t��.:�:t. ' �i.�::.;� '' �.! i�c•:, �^ ;•kt�3�:j;�t-`.;�' M ' ���`z;�'�t;��y :;;`,�,; `��r,: �'� � BUHJECT: Vacation Request 91--08 (O' Connell) ::� '�y��� '�r ,+��� ��rY ;, =:: .ti,{ . , � ' �:;_,`��r �"�, ��}�;.'.f, ';s y'1'� :�,,'`;, ^�. ; ,+ : , , � �p�y,y�� f"4��,' � _ � • i . , =b•. S ' ' � • y1f��i,'" `2• \ i : ;,, w �t9. ';'j�.• • f �,�� 1�d �Y`��i%'r i.f ����`..'r �y` ..,;.:.. e N.•�k�1 � ��. � 'i� � s y �i ra � 1 � j j� s'v 1; � � RECOMMENDATION MOTiON: A ro e the vacat o � Nor� 50 5 4; `�` ��� ` �'=: ,j.r-�, ,�,•-l: �;; �� / pp v S.on f th h-- uth faat IItility t��r�F#;;�: , ;, �t;;�;:z��t;x�;';�';:;;;;;��;;•-�-�=':r '; .� ��'' Eas�ment, Iying along the East lot ].ines af Lats 1 thru G, BZack �0 �iandalay :°%;�'��„� � �''� �'1� 4� )j1,� '. !'.��.� 4. � . 1•'~f l��~ � •k'��'��.:�z"�• .r;'� �� ��� �� : r' Subdivision as recorded in lat Bo k 14 Pa es 32 throu h o ��~`" ��� 'J � s .���......, ;� ,..,.; ;,,,^�a.. � 1' a , �3 �! 35, f the pubiic �. ��� '� i�: � �Fi=�;�:';�:,'Kr•.`X:�� "'E."'s:;`,••.. .°t,�`' ,Y����'�',' � �; .,t'�f� '.r ;,.;. ._,,., ,,,,;,,, ;.;:' reaords of Pinellas Coun�y, F1ari.da, and Pass ordi.nance 513.9-91 an first ;,; �.��°i � t ��`�'��iti'.i,�='i•i�.��.>'2j:-t,`r1� •,'�.�i��s• '�� .iw �G �"' <�} �� � �': ���` �. s� :�; : 4;c, ; :: � '�6�, reading . �,�,:�l�rt � �'� • � � ' �;ri'i��{<�t+!� t.,w.-°�.;'ti� . �„ V,'r*� � 1`� � i �'�.1� `. ,� � i ,i�P.�';"'�;���".��:�:.�.f'}t;,�f„�+,r'?;�: ' • ,k �� �� �t' � �• ;,�,:���.a�;"��,�r � , . ��.},� [J And �hat �he apprapriate official be authorized to execute same. . ,� �� �;:•:..� - � . r ":�;,� � °. �:: - �,, �� :,;.��r.-�:�:;.'';;�'�� ; .;,:. .-�� �.. :��,°�'',;'t�i�'r+.';r " , � . , - i`�-�{ �': ,:� ._ ;�"„� • }'';?_5' '?:.°s�,, 'rv:.:, p��Y : ,>;,"•�°;`:�`Y>�:p,,�,g�;..:��.p•.�,�:•:',i, :.,.:.°• BACKGI�OUNA: �;r°� ���, ' �- �s �' y :S.j�it!;Z;d�.I•:��2 �°'�:J? �r,�E":`'y;�-.S� �:'� �ei�f'�`� . 15�:.X�,� i,�.. t. ';:►'i�iT�u4° <rz�.i,Ss;�4rt''�"�ft'.j�:�s;:= •:.: �, ' c��f ` �^vr "��` "`�"��` "`: �`� ,;�s� �:'":°;-;•�;, The applicant is requestxn the vacation o�' the 5 foot Utilit Eas�ment 1 in ��� �; ,-,, �, ,';:� 5 Y Y 9 r.��:t,r-^�'�r�.�C::';{rN�'Jl�e�ryL.�,:�•1.�ey::." ,?, � '� : r.i � �' .�'sti...,_� :i , �. � „ � ,�- r ! ',��:l.��.Y,,.��,�w �,�Y '• �,� i, ��• alo�g �he Eas� side o� Lot 1, Bl�ck 40 f Mandalay Subdivisiorf. Theiz pool ��` `, °.`�'t,'y ";'� �•+��,�'� ��.;��k�"'��:?�" �`� structure and the deckin w�re built inta the easemen�. The l�tted de th of the '�����'��t t s: �. '�a� � . , •r: ;. ,�.�: , ,.. � � r� z'. _�� g P P , �'�,�� .�' r-t .� }. ^-c : �;: ,�.,�::r�:; ';i,'r.�°fie.. •,:. .i �:,,. � '- r> zu;,;s•�:�„��t.r.,,�.. �, .,.�,;._'•.,._��,, subject lo� is 1,�.� feet. The measured d�pth to the seawall is ].31.1 fee� along •�''�k , �� '�'' .� H2x4� ,4 i:���. �Y.�l1i"" .i:::'.�,•, jf� r� :ra .1'�k�`�n ���r�,ytfi`;;5�;t_:F�ra�;rx'�_,'i �he south proper�y line and 13]. �45 feet along the Narth prapexty 1ine. The �`� ',� -�� "='r•�~�i�7:���t��'��`'s?e�'�f17i �,.', ��•r:}s;,: 1 1 � * .'A '� s . �a�,;;,�;.,��,;,��.� �;r.!'a�'-.t, �, ,, , applicant s survey shows th� easement lying along �h�, original p1:_ :-t�ed East lot ;�:�'���t� �,.� {�;fr:�;r';";=i:�yr�:��ty�:ti'��,r'��n��:;��:`�"�' ].ine. S�VeZ'31 O� '�h2 O e t �i'��"!r' �1�. g int �fi��' ;4s} ,t t,,,�` �+ �Lr � h m s in h� same block have struc�ur�s ` ���: n a :� �:�'"' __ iJy�'3!?..� .�..:a••� Y� 3.�..t�ki:':?'�':3,'f'AH:::.e�'. '+a;:'.'..c�, ! t�..+:i*1� . �r. , . -�°�_���< ,, ,;�'�� ,.,..-., the easement_ The City has no existing utilities within the •:,�Fement. `� `i'� �'"'`�'�'��" � En ineerin Division is su estin � {s;�; ;�:'�,.:_:�f.F;;;��;'� g g gg g ha� the fu11 easement a�ong the East side of h;; ���°;,`,�=��;��'`;:�"� black 4o be vacated. Thi.s re uest has been reva.ewed b the various Ca.t �� ':���;:�:.,':..;��,,:, q Y X :r;����s�;��l.�,�-.y�::�� ❑epar�men�s/1]a.visians cancerned with vaca'tions and �here were no objection to the f�,.{ i,:,�;i��.•'•.i"-:�.'.�, ;�� ���k���'����>��::�= vaca�i.an. Florida Power, General Te].ephone, and Vision have na objection ta this �<<` �:r���k e ;� :; �$;�?����vji,.. ��.�`.?::; vacation. :a: i., :., �. QCV�lME'd bjl7 Legai N]A 6udaet, ti.[A - Purchesinp HIA Riak Npmt._ _ N/A DiS _. Ii/Jl ACH � N/A Other + -s ! Ctt�t v��toa..�n �� . , Originatir�g I1ept. Date: 11__d 8/8,�9i Paper: 5 ,Pete Times lfot required �trectctl partles nattfied Yea Hat recAu[red Casts: N/A (Current FY) Fundinp Source: Capt. imp. Oparnting _ Otlier Appropr�at on Code{s) Co�ric�ion Action ���ovta L� d I s-#- lipproVed x/conditions Qenied Cont�d to a N/A Petition Orclinance Iacatian t{�p • , ti �_. j� a'� � � � � . � � �t, ' y . r!. i �x�r k �1� t` �'�� ��}4 � • P F � . �� � `�! f.� $i �_ 3:�'i. �.�i •, .ti " `t°. � ��-'w`.i ;�i 'b j' { .; f T:.Fi � ;-' � w �t.. ^r�,s"'7°!� 4'}ti-T+'P^s�r":-:...i ws�-�-�•, ^t':','�•.: !'- .<„ ,�.r . �..s. . . .,..., ,r-;:: , r; r:�� br�.�.: �'i1Mi r� � s.+�+ � d . !�' .:='S , .t •.y� , . ''='`..�7�•. .., , , . w+t:.:�_i�' �•,�:_ . .r'�'� .,z,,,�F'�'�b"`"n":'k- .f}i:i!':.`.�►:F1tat'�,�%'1���;fW"��t�' , .. ` . - . � , � . . . � �. � �. ,; �' � i�1:i`t ' ' � ' , ' � ' c� �'ib',�� r.' „'r'- i �r : . �� ��. `��54 »'+;f.i������Li:} t,,'1') , 't'x':i .�� :-11 r� .iI ,3i.�i�. 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"" � � GL. �.4',�i.�«i., , 1 • . . �%� ;,,: "°,.', : . ;•,;���} ;�.�.E'.Y,�t'`S v� c� T r o N R i� � n� s.�e ' ��;. ,�����e�;;,,; r . , , . �<: ' r�' �-�E, • �� � . ♦ � . � x L �, N G F O R H `, ';;�r:4.�..�-:;�"� , •..� , 1'ej�;,� 1�: •J'. , ;��:5 �:}' �-''� 1. NAME: PATRICK .l, & GAIL A. 0'�ONNELL ` PIiONE: . r;�;��'�t;'; ��y=`,,�.� � � • :� '.�', ; � � � : ADbRESS s _ 841 �3AY ESPLANADC � CL�.l1ItWA'iTx BEACti � ki� 34634 , ``''° '�4�' �� >',r,i� - -- __ . __•.����� '� "�a',;`.;" , .v'. •:;F,� �:.-; �, ,� ii�R�BX PETIT�QN TiiE CITY COMMISSION OF T�iE CrTX OF CLEIIRWATER FOR y`��,' f�t�, �. Ti�� VI1CI�TI�P1 Qk' THE FOLY,DW�NGt • ' ' . `,`��#`�`;-j,�?t'�-'' � � F.115EMEN'x' T1'pEt 5' (FIV�} UI.`ILITY C� �xGHT--QF-WAY ��':'1'�;ti� r` i . � . - . '<t�;',:`2`_: '��`�` - ,� iwLEx �� �THER IZr w: j°,�' �'�'� _ �t�.�.1�':.�. ;" t N�: . , � '.' , . �'i �•�' '��''`:�'� � � 2. LEG11�; iDESCA�PTION OF PFiOPEftTY TO BE V11CIlT�D: %:tt-,�.�1:... "� .� - `�.� •'';,'�;:;��:�#;,<::;:�: L(yf 1* BIAC�C 40� MANDAL11Ys ACOL7ftDILVG � 7.1iE P1�A£ T1ih�AF AS Rk:CXiRDCD IN ;�^�?u�T .`itr.�...`j�, F � . PI�1T B�OQK 14, PAG� 3x THRU 35 'It�E EAST 5' THF�tEOF. • t.s'.�'i.'.�i`.�ii�.f�}•'�"•°�^;' t • � `=,' ��'i���":'��:�';':�.� . 3. STREEx ADDRESS OR S�M�LE LOCI�TION: ' rfit'�,. •�•�r•• �'� { � . ��" ;,:;; =:� nx , `� ' �' � . ' 841 BAX FSPLl1NAAE, Ci�tWATIR BEACH � . t,�'' '�•` C'^''. � '�' ' � . ' _ . .t �. ; }',;k`r!��.��otii � '{ • . . . i :�..� ��'rr., i%:. .. � : "ti.i`'".,[':'r . `,. ! � � � � .y :j ., ;� :+ 5 7� � ;# ''�; . :� �. ,� . i� • 4. PROPOS£D USE p�' V11CATED PROPERTY: , � " ' PODL . � 5. ZDNINC QN 1�DJQ�NING PROPER'TY: ,'�S- � � �. 6. ATTACHMENTS': � �„��_ L�1ND SU�VEY OF PROPERTY I5 REQUZAE� xF THIS VACATxON 'INVOLVES EXZSTZNC ��ICROACHMENx ' � SEE SUEtVEY DRAW�NG SHOH'xNG PROPOSED US� �F VR,CATED. �'R0�'ERTY � . ' ( SUFtVEY � PLO� P.LAN � ETC . ) ' ' � SEE RESOLUTxON 82--3 (ATTACHED) �� , . . ' ATTACHEb LETTERS OF' NO �BJECT�ON FRQM: � � g FLORID,A P4WER CORD^RAmION . % ' _ GEHERAL TELEPHONE COMP1�NYs . ` . X VIS�ON C,AELE . , QTHER F 7. SxGNA�TURE OF WNER OF THE PROPE}ZTY ABUTTTN� THAT PROPER'SY � P SE V��ED: (APPLiCANT) � s�rnT� o� FLORiDA ) COUNTY OF 'PINELL.AS } , Subscribed and sworn �o b�fore me this ��d �99�. . ' ,.,�,. ,. � : , ,,, � My Co i5sa.0 Exp.�res: ' '�''' � i r � , '. ,,S 1, '! . �' ;. � ;. r ' � � r,. � � �� , , +� �.�'rnr' . • ' � • . . � !. � '. � ' �� SH�ET 2 OF 2 ENG. DEpT. 3!$� R�vrs�ti o]./89 . . . � • . � .. . � . ,�� -, - � � , , • ,, , . �- � , . .•,..._ .r ... ............. ... w..........,.- i ` .� �, s -� -�: ,.4:� :x'����;� �; �; �Fc. :j i ;', .%..'r`'�,�1't� ;'�, . . �y �I,.t � � � f �r4 R L''�?� . . ; 4� i:.,,Ai. � , . � . 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J�� . •i.,. ,4�, �� r��. tia ' ; t: .li �•.r`"`i°rL� "''��15`''�C� ��.� ,513;.F.i�.. tir�..�,if `(� =�� r' �� �'� L' . {. � jtr��•�i jl�iif ���i't'��}'f.�` ° (r,�'�.li � ; ��'? Y.: . , �:, , <��`� ;�t : :^ � , ,.,,.. , r. ,, ;.�.,o,,�•....�°�,;�:,�: � :y �_- �� � u r • � F . q s� y�4El'.'1' ........._.__.. _ ..._..... .. . . .._ . _ . .. �i' . . � , ' , � , . , � V�catfon Number �}-as O' Connc�ll , vnc�TZOrr �E�v�;,sT • • p it O C E S S� N G. S, H E, E T PLEA5� REViEW TEiIS VAGATION iN TERMS OF YOilFt PR�S�NT U3E AN� F[!'Ti]RE N�EED FOR THE PROPERTX. ZNDICATE YO[lEt COMMENTS I3ELQWt �� �EFEAENC� ATLAS SH�ET NQ 249A/C-3 SECTFON fl5 T�WNSHxp��29S R�NG� 15� i 4'�;, a A . �NG�NE�RZNG DZVISIONs 7i��/�l � REVZEWEp BYs W.rs 11.PP�OVED BY: .ct �/�'�*„ DATE: COMM�NTSs The Appl3.can� is requestiing �he vaca ion of the 5.00 '�aat Ut3.],i�y E�semen� lying alang �he �ae� aide af Lo� 1., Hlnak 40, Manda3.�y SubdivisSon. The poo1. s�ruc�ure and the deckinq wexe bu3.].� into tihe �a�ement. The pla�ted dep�h of �hr� �ubjeat 1ot i.s 31.3. �es� . The mea�uzed d�p�h� to the geawall 3.B ].31.1 feet al,ang �he Sou�h property ]..ine and ].31.45 �eet slang the North pxoperty Zine. The applicar��'s survey shows �he easem�nt ly3.nq along �he ariginal. p�.at�ed Ea�� lo� line. Sevearal. af the homes in �he same b�.ock have�st�uctures enc�oaching into the easement. � The City has no exis�ing u�ili�ies wi.thi,n �he easemen�. T h e Eng�.neering D.�v.ision has.no objec�ion �o the applican�'s xequest and sugges�s tihat the full �asemen� along the East aide of bloc2c gU be vaca�ed. Flori.da Power, Genera�. Telephone, and Vis�.an Cable have no object�.on �o �his vaca�ion request. 2. PLANNIHG & DEVELOPM�NT; AEVI�WED B'Y: .�SS APPF20VER BY: �� pAT�t ��G�` � CONlM�NTS : � r � � ��ru'1lG..l w •� � ��� • � DJ ►'� . 3.• BU�LDING XNSPECTION: � �� REVIEW�D AND APPROVED BY: � � co�ENxs : �j � �-[s���� 4. GAS DEPARTMENTt• , . REV ZEWE� BY :��{� O F3Y'+ � hAFPROVEU HY :�t.,,►,..,�. �1 �,,w„„� COMMENTS: ' ' j�o O bJe��%i o n- DA��:�7- � S- `� � n�T�: y ._ � s�- 91 5. PUBLZC WORKS DIRECTORs �� � REVIEW�U BYs APPROVED $Y: C i]AmE: CaMMENTS : 7�8 %r� � ii,%D O�-r!/'+2C'�ca� / tI �11]Vk;RT�SYNG DATEs---- ---UQ/Ol/91_^_..r~�--AN�---- ----U8�08/91r�-- PU$LIC HEAR�NG DATE: 091��/91. COMMTSSION ACT�ONs----AP�ROV�I}---- CDNTZN UED---TABL&U--DENI � I? OTtDTNANCE NO. nATE QF ADDPTION RECORDED YN U. R. BOOKs �AGE: LE�TER TO PROpERTY OWN�R ADVxSING COMPLETT�ON OF VACATiON VACATxDN Ca1RD FILE s . � . 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S'� ,� � �i� ' • F�OCIC�� ild : . �: . = � � Power : cnnron�rioN June 25, �99i � � � ,`i '; , • C�ear�a A, Shimp & Assoc. . . ''' 32Y� U,S, Alt 19 N 5uite p ' "� � . Palm Hari�or� FL 34883 � +, ; : . , . �� . �� .1 ': • Ra; Petition to vacata oasement as describod: The east 6.00 faet of (ot i, b1ock 40, ��� � Mandalay, according tn iha map vr �iat t�erg of as vecoreC Sn F'Iat Book 14, :; ' pages 32-35 Inalusive, PubiEc Recnrds of Pinellas Counly, FlorEda. � �k . 1`� ,��. Dear Mr. Shimp: • � . _ � . `� '. . Flor�da power Corporation has na objection ta the abova re(er�nced vacatiort. � s. ' • . , ; t � � 5lnoerely, : � , � � - F�ORIDA I'OWER CORi'OARl10N } . . . � .r . , . ° � � . ' Bruce L Power� Sr. . , pistribution EngEneering �. . : x BLP:gem �� • . .�� • • . k � r • . . S : � � � �� � . � .� i . . �� . � • , t . [j !� � �,'� � , ' �` ' . '�I = � 5 _� • � tx� . rt�, '�� � i , • ' � , ' � , �� • •. !' . , , � � . r�i� ' � . !!�: � . 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RE; Vacate easement Lot 1, Block 40, MP►Nl3ALAY • Dear�Sir: � P].�aae be advis�d �ha� Visiori Cab1e, �nc: , Y8 Ka� no con�].ict with your praposede � Vacataon a� Easem�nt �R�.ght�4�-Way . , � , Pla�. , ❑ Cons�ru��a�on. �. ❑ Maintains faci�.ities within the axea�o� the pxoposed vaca�tan of .Easement/Ra.gh�-aE-Way. . One a� �he fo�.- � l�winq cvnditions must be me� pra.or to the re3.ease ',o� a "na canflict" letter: , A. The OwnerJDeve].opez mus� rei.mburse Vis�,Qn � Cab�.e �or all cos�s 3.ncurred oy relnca�ion Qf our '�ac3.Ii.t3.es . ' . �. A u�i��.�y easetn�:nti must be pla�ted to en- , ' • compass existirig Eaca,l.z��.es. Thank you �or yot�r time and considexa�ion, I� yQU have any questions, pl.�ase �antact rne at 79'I--181g� . „_ .. . Si ere�. ' . ,, , . . • � �, � ' ' � Jay ung . . . . ; . Nor�h County F�.e1d Engineer , � ' • ' . . 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F� SL'"i . � t�:"fZ ;;,;��::.�� ' GTE Telephone OperatEona '� ��a :� , ' _ Sauth Area . . �K'� �::i�� .� �, . ?�•�.t�i_�}, ,.� , • 12$0 East Claveland 5lreel �`� Y poat Qtqc� Box 2257 `�-;���, 'ij , �{Jt1@ 24 � 1991 . c�ear�vater, FlarEda 34E317 i�`�,w.s,,�,w� �! . � • ' • "��� ��� k . ��k�TP . � .• . • I' 1 f � r'�� ; • ' . �. ' ' ' � ;"�'�",i?`�t�.r� : , . . 4�����; �': George. A. ShimA II & Assvciates, Inc. , � �x, z��.'�� � 32I1 U: 5. A1 ternate 19 North, Su�te D � i, , Palm iiarbor, FI. 34683 . :"�,i.Sc:t: . . . ' ! .� :, , .� , .y :j ' . �� . �z . }• a 1 ._r �•, ,` . � .� . :� ,t Dear Mr. 5himp: � • , SUBJ�CT: pFiITIUN TO VACA7� EAS�MENT GTE Florida Incorporated has no objectians tn the proposed vacation . nf.easem�nt as described in�the above subject. ' Thank you for your cooperation. If you r��ed further ass9stance, please cal� Carl Sandalcer at 443-9308 in C]earwa�er �ngineering. Very Truly Yours, ' Gi'E FLORIDA INCORPORATED • � ' • • , � � , . ' T0� C. Signor . 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"'y�.t��yy�.' :,•s��,� . • ,,s ' rz;Y: j� � � , Y j�:1.Y"y,2���'}�'. .i . }, � � � i •rtT.,�.F:i: ;`�}��'•F'r'� '�` " , � ' . ���,.�`Fy��{ � }k �'�j,7 .ti ! . , , ,'. . � , ��!� i` ��' °`..� Sii::l ,.. '1'�.•� ._...'.�, . KI� 1�1 . :�.;: �:c:;`-,�.-:1'°�'����:�.��, ��',s��''�,-'' �i � OR�Y�lAHCE Np. 5119-9x �� � . ; ,, y^ .; 3� ;: .: . .�; �;2-i � . �i .� +��., :t: ,. ,, k. ''"��`F;.;��;:��r'•�:,°.: :'S f AH Q�pINANCE OF TNE CYTY OF Cl,EARWAiER� FLORIDA, w��� � f•..' i ., .- V ix•, � r , �:4�'`��� �- ': °'�'"= 1: ` VACATING A 5���OT UTILI7Y �AS�MEN'T L.YING ALDNG THE CqS� �=�'F�, ' +�`� � t., ,:� : ,, : • J .; t. . , , � �� >� F yw � '-, �',:.= .�..�:':;�_;;`;�,;;`,�` ��'{.;;� =} LOT LI1�� OF LOTS 1 THROUGH G, Bl��CK 40, NiAN�ALAY ��,� , � ; ;. � �,,, , ;;;;�::�'�;:,4af�y�, ,'�.".�el'.��•��'_;.-�:� �1 � SUBDIVISIOh� PINELLA5 COU�JiY, FI.ORIaA; P12QVIDING AN � �: �.� 4 , r' p' . ::i:. ' ; ' . . ��"� '�r.�'i.���' ` �;�: ,;f'��, �_�::' �` '�� �.f.:: � EFF�CiIV� DATE. . �,�"� `':r. � �°.; ' '�. �',; '';•�.�.;�'"''-;�4"';,i . ,, � }� .;`; � �, ':,: s •� ��� . ,�i;' ; ;.:t � �.:. ��ti;t:�Y�:��,�:°y;,::•,�_:•:l:tia,�-'t��', ' WHER�AS, it has been requested by Pairick a�d Gail 0'ConRell� awners of � '' :��i�.°��';'=�'.�:�: .'. <r����::"::w'�� certain real property �ocatcd �n the City nf�Clearwater, that the Cit,� vacate th� �� :��. , _.�} ;; .:�, utility easement �yir�g along Lot 1, Biock A0� Mandalay Suhd�visiort; and WHEREAS, the Public Warks �irector has alsa requested that the uti�ity e�sement lying a�ong Lo�s 2 thrnugh 6� 81ock 40, hlandalay 5t�bdivision� alsv be vacated; ' . WHEREAS, the City Commission finds �hat 5aid easement is nat necesSary far municipal �se and it is de�med to he to �he be5t interest of tne City and the generai pub3ic that the same be vacated; r�aw. therefiare, SE IT QRDAI�EU BY 7ME CITY CONWIISSIUH OF 7NE CITY OF - CI.�ARWA7E�, FL4RIpA: Secti�rt 1. The failowing: The 5-foot u�iIity easement �ying along the East lot lir�e of Lots 1 throug�t G, Siock 40, Mandalay Subd�visinn� as r�corded in P�at Book 14, Pages 32 thraug� 35, af the �ublic records af Pinellas Countys florida, , is h�r�by vacated� closed and reTeas�d, and fihe City afi C7earwaf;er quitclaims and releases a1i af its right, �itle and interest t�ereto. . The City Clerk sha71 recar� this ord9nance �1n the put�iic records��llas County, Florida, toliowing adoption. S�ction 3. This ordinance shall �ake effect immediate'!y upon adopt#an. PA55EU Oh �IRST R�ADIHG PA55�R QH SECOt�D AHD FI�iAI. � REAoiNG AHO ADOPTED � Rpproved as ta form and correctness• ,� . � e�(.LC.e� .A. a ra��J. �ity Attorney R ta 6arvey Mayar-Commissioner Attest: Cynt Ta � au eau Ci�y Glerk ., ... ........�... . �..._. ... .-.�� , � .� . Y � �y.' ,} 9 xd �, �,. "�y{ ,^i� S ] 6 ����.... ���n,.::�':iE,. �n. . � , ' . . . . . ��� -- - . . . . .. � . .t�i. .t � .. � . � . . '' a�� „ ,�Hwi�-i��.=.}���i�a+���syr�,,"�''ye-lri�8',��'7�!�i�.�, .. . ' '. Y� . . .' . . ' . . . . . Y:b ` � r � . . � . .a:)' . � . }. ,'4 �ht�� r�� '.r � • ' ,` � ' �` �.r� �.L � i.` 'T�i"f q. <l� �% ��: � :.x�. F� �t���'' � , - . .{ �.' s l.t. ��� rs:��c �5r `�.� Fi 'K'� ' ' .r Y �ii�::.ia� .. , . • . ; �,. fti' �i�c{"';�, lp'�c�.���;,.,� Yia'�� .L.` -fi S'i •, � �,���'i, c€"� }��x�����:+1�;�4',' � .�... '- . . . � , , . -' , t�,: '.��� '�;�•i,�v�=i.•.�:.a: �.t�..4i' s:'��°��ry'tit`tit j�s'`..j; � �'ifit�I=� � �.� �y ,t$,�e ii� j� .t�!t.silr�..i?�R�I. `.S- i� . . 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' ' � , S , .�a i .-i� , �.�.. . . . �i .�it"� � I�. � . . 1 .� • -.t � ' . . ��,� �. ��.,, , � � � � . � �} ' '!.�,'i��aj,i�„•,y�J�{�,:il•.F.. . . . . .� `t: 'f`� . . 7 ' ' , ,L71:Y:�J1Jrrail��+s�4�::�'r.ir .y;. � � . »,. ...n .. r ..� � � . . �. . � � ., . . � . � � � .. , � . . , e ' , , . � , � . . .. . w ., ' '' .. t o . .,�. � �,-.,• ) , ' � '� �' , i, t�11.\�n..�-� .w . '�+r�.1 •.o •i.w,St�.:p•r��v.�uwi.�;s�eWlSY. �.s: , � �. ' . . ' • . �r''r;��.�.f+v3�.'.. ,r��.. ;'1 .,, :.h; 'y:;A• ",7''�s.' , ... � . � . ,' f ' ' � � � l '� ` r Fp' j,,`,, �. •'\. ..wr� �� � � � ' ���� �CC111 % " •I•T �1:�' ...,. . , �. . . � . . > � .,. Fk;� ..` �i .� .c {z .! � � .. .eiT . ,'1''i�; w� . `i.: , .� . ' . .IC: � ; .. !I.�.;; :�•� � �-°b,;; � . � � �,i��• - CLEARWAT�R CITY CaMNlISS ON ng :! ; �,';rs�`i:'.,����I�k;, . � r Heeti Date8�1$/g1 �" � ` s' .,�r; -� � �'; � � � ,� � � . , � ;�� Agenda Covez Memorandum `z � �••';'';,r°:; "?'�c'� �- ;. '`�' . . . � '�. , �� '1;: �'[ Yf�^; I�'r; 3A�'a ;, ' i�i:: � �} '` �' ii r� " '� R��Y.�`. ., .i. ' . ,t.. ' l',•I:i {;.°,�t:;'7"rS•g, f' F. ' `i �? '� ��ni 5,�r 5��44�� . `',. � .. t',"! r � t,, J t.R: � i f;y.Y..ib:. '. 'f ' ' ' �' • . �%.NL 4i o,,..,:•�;1; ��TA{, 'j ,j. px�,�, � "'��1. -. _., SUB.7ECT- Ozdinance requiring r�deve].op�rs af pxaperty ta abide by same standaxds ,�k , t��� � y � �V,. . � !'�r ., }; . �.ts..!�s.3�x7��'�, :\'.•' . •• ;.r.i':.5�. �f°^�A�«A. � .�;. . . .=���- relating to stormwater as �irs�. time developers. �'`:�.::�.s.�z; T.;,�t''�;������,;, : . ` : I, `. , '.r. ,�.rµ� '� f� �7f � .. ���1` r� �� � '�, .`Y� RECOMMENDATION/MOTION. Pass Ardinanc� it51�75-91 an Lirst reading. �rV�.`'',ks3���`��'_ [�rf`1' ', ,,`. �s; . 4f�`Yt�;tr, i.4.�,.tiix� r§i"d� J' C ' ' '' • � :i"��y� }T' rii � , "�� �.:"• � , ',: ���":.' �:�'•-;: A� ;� � And tha� the apprapriate official be authorized to execute same. ,��� n-� t��. `SPi"y.�. •�'•..'� i, . ..'.'. 'f'^ �1' p ,i'�"�1�5'#{ t�i�� .'.'� v;�, j '�t ���,::`� ; r� •, �ss ' i .w��.. ��; I+.. ,�'�'�' +.� � . ..���'=rs'.L���IZ`����s,.t,r. .������:� �s�� BACKGROUND: Property undergoing develapmen� within the City of C�earwater has for -���������� -�,:'y�:.�" .,�; . 1. `.f � . . {''. h��t �� i�y` ! '!�� k .' S :, �t-°�:`f�:::?r�.:: .�z��: ��: :�';�` the past many years been subjeC� �o s�ormwater detentiior� and tr�atment ,v,'�,.�r,�,l��:�,��a��� �yy;,:� �' !. . , � • ..' . •' i' �j• ti�r1:5i ar. �k'�4�,�;1 -��5. , r,�:;;,�..� ..�;;�r._..�,:;• ;;; ,.':•:.7;�� requiremen�s based primara.l.y upon the exten� of impact the deve�.opmen� ,;�., �.�w.:..�;- �_ ,,,,;,; : w.,:, a � ��.��. ,•� , • ,i+'c�,3��z �. :;�'.., ' ;��;��"�•�k.'; - ,,i, � _'��. accasioned. In the case of redeve3.opm�nt of p�operty whic3a was at tihe time o� ,,�.;�f�,���:��� .� ,� � �:;��; ,�: ;��;.�;; �;�' �!,"�,;`: ::�..I: �=;�.-�°;�I. �"'� its initial. developmenti no� sub ject to any �tormwatier requix�ements and thQrefare �+ �`'�' ��'�� � ' r � �' .t ? , �� `.t� :f�ry�:.r,� ��"�� ,��. ...�,. , '����: �; �°-,., �y . . : � ' �' . ,s'..:'i.t'i.'e? �} '�t_: -.� . . �xtensively paved ar o�he�caise impervious, tihe impact of the zed�v�].opment is ;,,� ��;j:„ • ,�� ,,..��, �, e �,.�. ..� �3 "'��':'���';�="'��,'��`1',� • � o��en � bet�e,�men� �o the sto�mwate� si'�uation, and the d�ve�oper �"'��:'��s������:� `�r` •� 1��� ��.� '��. '���•����'a.i�'!� . �y�. �,..YA�.�� t �' 1 �` �:.ry� .,,�: circums� n a.a�ly a oi havi.ng to pxovide �cm x� i� ��' �'' � Y, f��� .°'''� `�_.� ��,�..,^� a t v ds sto wa�e ac,i1 t es. This is a .��' �r "������Fs, � ��`_ :',,,�+t.: : �", t._...; '•'.;ti;�� ��• r�, F.. `''' -��°'V�_ ' ,. doubl� cizcum,crentzon ot s�ormwat�r xequireinents �n that at �.ni,tiaZ deveiopmen� ;;':;��;-�;:�� ��� ', . :��.,: y�.���, t. - .•=;i;.?.. �' -`:"`�?°,L,; . • �;t:::: ,,s,:� �.: ' �� ? � ;�'r.' .,I. .. -� �, iw� ,•�''� r ,.�. ",�t ��,-;:; ;..;; �, . ... , , .'. no r�quirPments were in �fiect, and a� the subs�quen� �edeve�opmen� no .���;Y,���.; N �'�., .�,-� � ' ' Y�'1� i • .�.. , �'�...' "s ti._ � ; 't ' .:�: �.� � •� �•�i��' •.�;� �equir�ments are necessa.tated due to i.ts havi.ng no negative impact ( in actuality ';�r '�:��� � '�� ��; �� '� �','';j'-�;,',-.,:..��rry �i�. ; ;i�..F . r'���'��Sri:^��-,fi'ti �y� � �.,°. ! ;,:��.4 ���,`�,_, ,:;- > a betterment) upan what previously existed fi,'j`;; ��-;�� � . =. ` ..i' � . ' . � . �.J''. F` S.�' r1 �'y;�.n.�. �?.�_••4 f,;;_ :.i: . '.� �,i �,{,� ��` �2,r,�: � • Y, :.:r_: .. ,'..krC�� ~�t• .�.�=�� 1!;}. ��I �3,:. � s.:1 c�. . :�^' , , 4 .�., �u.,.�,��,�t,: � : i�'.''�=v �'"�`_: ` ��*.�� �.; in aur Coinpzehensive Plan we p3.edged to elimi.nate that inequity b ado tin new ��'�'' Y�'�'k���•�r°� ;°'Y�' - A;::;'; .'- .:��' �;,;,. S•�.�., �1... ''� - :,�;. Y P g �u.:��y,,.�f,� t;, �•�,�°s�-, L' "�: ' �, •' 'r �+ ':' .` '� #.:� 'G" "'�C °`f.*' �'��a, , �� �" ��� � '�r������•�•��� x�tro�iti standazds re].ative �o stormwater re uiremen�s. Thi,s was xn fact Fr .�:�.;;- ��,, ,::.':;, � �: . ;:`;a;,,4 ;.„� ..�;};,�';:`�;` :4r�'. ,,,� �� q �:;i;;��.�a. `�"�Y�s- `' �;;��,, .t. r,';��;�� ,���;1'�,,,� �•�'�'y,�,; :,; �,, �,, µ accamplished by the City Engineer in January, and reclerrelopers have been sub ject , y.,:,;j F��.��.�'��y' ,�� � t, �'3'.i�r�;:� ',�,�;���.13��i•` '••_ �V '��1�' IiC?W req ].lr�?F11�71�5 since that td.fi8. 5ee attached lll�iliOr Baker Rahurl► ;�"� ..� •o�,,-fil;'��,�:t: � ' ,, �, ll �O t:..4•,,'•�r Y�- '}��-'r_��.;.s,, � '.',"`�',` ��`�;�t°':`��':�r,.�� `�'��':�.� �� dated Decemhes 21, 1990 The sub ject Ordinance has been w�ritten for tihe purpos� �:� ����4{ t.';t�j;����. �• - � , ,`;,-,�. - � • � , �,.. � '.'l� �i'. 1^.j . �}' � .., i1. 7:t'. 4 A _Y-.. i -'i;:, -.s r �� of specificaZly ordai.ning the acti.ons of �he City Enginee� arid for certain ;�`' �-.;,_-3�,;,�,a�;���=<';-z : ;. . :. = :: -°. ��;;s, , * �, . � .'�:;::�,:'�.�;°.;�'�;..sf.;; ,' .., i:. f ���`:'�'f'� -�:::�::'�' �>:�j,`•'' • ' st�eam�inin inc�uded wi�h this appar�unit �::.��-..�4���:�'�<°•r: �f:•��?�:�- . � ���° '.sMrt � , �..:;, i.`. ^ � ��_�,;.. g 3' • � c: t�:.:,..,.�.v.-.: ,y�= •r: ,'�ir, b��'�n!i;�r; �°:. '� .` :• . .'1.13:��F•=:�.,M,�,';�,r'�.c�y, }��f,r�'�3j?t��.i;�'� �`.'�i" : ;' .: ;:,^��'�.:��e.�..� :V � �k��i�� e.. .•���y.f,y� , as yr.�cL�'.' %+1� •:1� :�^` ' . ' ,�,!;�`�'.s C��?.!i4!%!,-� � ��:�=:;;;"„�;,� .�,��,�Fti, ,�,,��,:f. t�'<-'�,,_ The Plann�.ng and Zoning Board unanimausly ap�zov�d the ordinance �s written at :.� �,- �"�. ,,,;��•;�ti °� ' y�" .�=• '�'�'.!`�'�y:n •�� '���`"I -�, �" � "'"• ���. rTr, •�.;y;i ;`�`Swr� = �,��r�,;:z:{,� : i�s Fneeting o� Ju.ly 2 1991. . � ���; ...�.;.. ;�;r���}�•,f"� �� .s s`�tti _,> ,�"_ '. I ris";c, c��. ..��: i. 4•...! �. af,^��.�,4���;�•�,�Y'�;�'�f�ra+.�y�e�3;-r.•�y;.�:` yj',- � ° �._ . ... � �,..:. M,�7.'`�rVM:i ' � i! s':... ,,. .lt.. ��i r'!r':: jr �p•.o'. wfiy < :�,lj��,• 4,^� .,, .,...r 1 ;.,t;.•, g. :,fi:'d ��e:l,�°f• i� � : �i Y f �'F� y, �{ "�ti � t ,. .;ti Xi;,; t,�` .:f'`'�-ay� �.:��"� R%�,`..;,�:�:s`�r�ry�;=�''� Dawntiown interests hav� ex ressed th�au h�.he ChambQr nf Commerc� a d�sir�: that ,f�_'•=::....;=��;s:°'�<':��''�� •. �� • ,i. r. p r L3 . , � . - �_�� �. j�y'� � �t� x. "°�^'�}'l,.R�. yt_.^''�3 .RLs-�'t'" "• .. ., ' :;�t��'. '}, f `i �*1 �� : �;����5 �4iy �ry)���� �,�;;�f;;���;��� ,,;., �he Urban Cent�r zoning area be exempt frcm code �equirementr� re�.ating to �.,.,: ,:r;;s��.;�;:x�;�:�`,r�!`}.'r: _, ; F t � + � ,;sr+;������!'h �;� ;;„��,�,., . i.�.� �,,,4' ,;u storrnwatier detention . While the ordinance has not been b.rouqht farward witih any :� � ,�. �.7a� � ;�r�.�.��,';,��; , ., exclusionary language, City s�aff has no problem with suGh an exemption inasmuch as the dawn�own area is already the recipient of certain special consi.dezations �2��>'� des�.gned to encourag� redeveiopmen�. Shou�.d �he Commission wish to e�clude �he �;``:s dawntawn area from the �equ�.�ements of this ordinance, language �o do so is �`'`� ,�:�., availabie fo� Considera�ion. Rr"' , . �: Revlewed by: Legal Budget HA Purchasin�„ _NA �� Risk ttgmt. Nk UI$ HA ACH hA Other ._______. HA _ C1 Originating p�pt. Public Horks Date: Paper: Hat required notlfled � Hot required Casts: HA (Current fY) r Fundtng �a Capt. Irtp. Operating Other CarMission llction /,�- ~���� ( =� Approved ✓ � . .. A ro�ed t„`{ a< �- c �� � w/�a�dttions �� �`�''� Uenied __ _ Cont'd to Ord i nattce Nemorandura datad 12/21/90 � iSt���� � � � `� �.�.�.���.. � � � l � � � +� �"� rr ,�"^ �I'�'� in, �1.� .. 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' �_:.:��,• . � �°. �ic'''"4.° ^i'�" •r�.:F,'a.�. : �„�-�i• � s ���'r`•�� � l^�,7 '� v. ���`,.F,°��'�: r�'��.i;• :i�i��t- `:!'�'�' '4 r' =:i�lc}��r� ai-'��./�,:�:�'�'�.,J.i��.�4" "�l ;ra..a'� ;.'4',,�i'` sd"'t :,a,, �.r.�.s• ..`,. h,,.� .�,.. � �. . i,,:^,'.,�,s.�:•'-E` d...�":}:%.�",�+�`�:'� 5'�, ��, ,E.}'. � .'t;,, .:�'�. :'i:':ic.,,,y•_•.�... �:� c�� v. 1�'. i,l, .°:}i1'�` ,�'Y' ,'. , iE:i. .�'~ �r' "!� � .i� ..t,�. ,°!�';�'.'�'.i-y':r )�;.`1��'1� ?� �� L :,_: ``I{r '�� ., g:`: �:�o.��,:,�� Li.;�.l�.,,li..'�'•. : oJ'� � ��i �.��t�i . t��y � .1� �Y'��� iH�� t?�j5i�,%,i:.�r '�j}Y. '�c41)'� .r�'� ��f.�.51�'��.�;L'�=';1��;`71,.i.���f' �1;f. �`��'` '��,. ���•, '�c...���°S:'f3 � _i, � i•,,,�^ i!� �.,�`lk.c v ''�'w�:ti�'. . ta, i�'� : f.r..,n :�� F�4�-�.�,, ti,�' , :� . ,�� �.,.,:'.�'s.. . :f . ��i. n; d. ��. '�a�� - ��iy ,r". i!'' wf.s��� �t�� .,Y:!��'•�-r3'. ff'=.r:�`. ':Ye°.�•;•,°;, rDS�t?,.,!.k.�yt�ysfifl���11'� �'.�'�, -l�li ,s� ,F' . ' .r..r� •.1�:r�S.Y�Y,.�,�,, }��,. r1• '.i , � ' . � 7 �,.�':: • 'gw� k �..��1,} �'.5.. •�•r: , .r�?,. �S'� ' ' „ ,�I' •l��i�:',;.�;.r:.rr?`•si.y"�,:,j;7:a,sl�r..��r 4`z� '�.. �^ �•. �;�;�;� ��'�.: ' �' 'M � S '... '� � ' ; ' ..� ..':' . "• �'.��`:'' �.'`, _n.��!� . :!:`.�. .�}. j :s..�, �.-3..� ��i_������Y,t;����iwrw�..:yi�;�t;•..o.i��:'1.�X.ii:�.,«�.{s�SiSi:ar.w-i31Li�:'w'��.1..;'��3.::.�5"SwJi�S�:�,L'!i.'�.�ili..�'~..Y�SE?}� �tt�S 0 O��fHAlIC� H0.5105-91 A�l ORDINANCE QF ZHE CITY OF CLEARWATER� FLORI�A, RELATING TO THE �AND O�VELOPMENi'CODE; CREATING SECTION 136,031, COD� OF ORDINAHCES, ADOPTING SiAHDARDS AIYD SPECIFiCATIONS F4R STORMWAT�R p�l'�NTIQN �ACII.ITI�S, AN� pROVIDiNG FQR PAYM�N1' I�I LiEI! T�EREOfi; AM�HD3NG S�CI'i0N �37.O1U, CflD� Or ORDIHANCES, RELATI�fG TO SITE PLANS AHD STORMWATER DETENTIdN REQUIREMENTS FUR DEVELCPMEHT PROJECTS FOR WHICN SITE pLAN APPRpVAL iS REQUIRE�I, PROVIOING AN EF�ECIIV� pA7�. WHEREAS, Policy �3.1.�4 of the compre�e�sive plan of the City states t�at the City shal� adopt a stormwater ordinanee requiring redevelaped sites, ather than single-tamily residential areas, to incorporate water q�antity and yuality con�rols cflnsi5tent wi#h new develbp�ent regulations, recognizing that case-by- case limitations may call for part9al controls, off-site �mprovements, ar payments ir� �ieu af impravem�nts t� ach�eve this gaal; and ;; WHEREAS, tl�e City Engineer ha$ pre�ared develapmen� standards and des�gn ;1 �' sper,ifications relating to s�ormhrater drainage and detention� known and reterred :Y ���� to as "Design Criteria, Starm Drainage--City of Clearwater�" a copy of which is s �`� attached to this orc�inance as Exhibit A and incarporated herein by reference, ,a �ursuant to w�tich the deveiopers of both redevelop�rer�t projects ar�d initia� develapment prajects are reqt�ired to attenuate stormwater flow and pravide T'�3-^.�'�' 'v -,' .'� :,, � , �� � certain water quality features; at�d WH�R�AS, �he deveZagment standards and•design specifzcatians re�a�ing to stor�mvater drainage and detention are consistent with and satisfy the requirements af �olicy 23.1.q of the comprehensive plan of the City� and sho�ld be adnpted by ordinance; now, #herefare, BE IT pRDAINED BY THE CITY CQMMISSIOH QF i'H� CITY OF CL�ARWATER, FLORIDA: Section 1. Section 136.031, Cod� of Ordinances� i� created ta read: Sec. 136.031. Starmvtater deter���o� f+�ciiities; st�nadrds and spQCific�#ions ddopfied; pa�ymeat in 7ieu ther�eof. (1) The develop�ent standards and d�sign specifica�ions re�ating to stormwater drainage and detention, a capy a� which is at�ached•her�etn as �xhibit R� are hereby adnpted and incorporated herein by reference. Ca�ies of such standards and specifications shal� be maintained on file in ihe uffice af the City Clerk and in the Public Works pepartr�ent. The standards and specificat�ons sha]i not be amended excep� by ordinance. (2) Stormwater detention facil�ties required by the standards and speci€iciatians but which, in the ap�nion of the city eng�neer, wauld be impract�cal or �neffective because a� the si�,P of the praPer�y� tt�e space � 0 � u � r _> ;: �:; °:�� r3��:u:�:�`,; 't" s,--r`�,'�;,��;r<:° t? iy,.. � � i,. :�, � ,:� ° : _ : ; �}!,.:,�r� �'�S X'�y.. w,ti:r,;.,15�� 7 f' : i.� = x'. r�(��. i !'�` ���3�°�� �;k4?�Ii1i�1��• 1. , ,' . iy P'`JFi�,ii =,' '`�t , ,,r }E,_:.;�,/'jS�, e%.,�r � ` ,F:i�YItF°.��aF:.1'_ • .'� �� � .�.1,'i�"iifi' } ��'1r.�`��}k.��' ✓i�.� _•�i., �'' ' �i�, a,, �s' :.i' 1' �;` F; !�'; #`' �'. , ',;T r.�a��f:G��;.i;;�i`� , ,.�; � + �«: l ^' �f .F ti. ,riiiFl.�riliE' .1r`, ;1" .'.�'�i:?'' � • • • V:1Ni^Y.• � ���. ' � ''=�::�•r�r . ' , � �. 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'.. �i � •' ' � . 1',..• :i..�, �.ti,il' �.�.... 1�•�. � ,.v �I� .'r",�j. . .��'. �� ����:.•�y,.T.� .� . i �i ,y: o-•':. • .: : ��:F1 ? ' i�, �:�� '; ' '!>',;�(' � � y�`t�����j~k�:y�i ����•. �� •1w�. � , � � ' • availabjc for stormwater deten�ion facilities, sail conditians, or other site related conditians, may �e waived at �he request of the develo�er upon payment to the ciCy of a fee in lieu ti�ereof which shall be used by the c�ty solely far drainaqe improvements in the drainage basin in which the pro�er�y is located. Such feeS shall be determined by the markQt valua of the area of land whicf� would have otherwise �een required to accommoda�e a stormwater detention facfility, according to an appraisal made by the city or by a property appraiser nalding ei�her an N4Ai or SR�A d�signation, at �he aptio� of the property owner, and by the construction value nf ti�e stormwater detention facility that would have atherwise been provided, such constructian valUe ta be determined by tF�e city engineer. �ubject to the ap�roval of the city er�gineer, the deveioper may install a portifln af the requ�red stormwater detention fac�lities and pay the city a fee in �ieu af installatio� of the remaining pnrtian of tihe �aci]ities. Section 2. Paragraph (4) ofi Subsectio� �g) of Section 137.010, Code of Ordinancas, is amended to read: s�G. i3r.aio. sit� ���n�. w * * * * (g) Design guideiines for si�e plan review. it is the purpose �f these d�sign guidelines to supplement the �a��# requirements of the comprehensive -�°`';";`'"', ,""' ," plan and land develo ment' code _�.,,,;.,.,_�+,��_..,�....;�s..,+;.,.,� ir� a manner �hat recagnizes t�e need to tailor the iand planning process to the unique features ai each site, while �reserving ihe righ� of reasonable use af �rivate pr�operty �a=��-����,--�,^�r . ' � . The follnwing -�#�� shail 6e giv�n full consid�ratipn in the �e$a�a�e��� rev�ew o� site plans required Under thfs.sec�iorr. 8efore � any €inal site plan is granted approval (whether conditionally or ur�GOnditiona7ly), it 5ha11 first be estab- lished that sucl� plan is cansister�t with the d�sign guicielines ofi this section. If �er} it is determined tha� a final siie plan �oes no� satisfac�orily camply with o�e or mor ,' � of a�y of the design criteria coniained herein� �he c�ty shall have the authority to deny the site plan. Design guzdelines ta be considered shall includ� the fallawir�g: � . * * * * � (4) Streets� drainage and u�iiities. Site pia�s sf�all be �s designed,as, to provide far adeauate� streets, waL-er supply, sewage d�spasal, refuse 2 � � � `.{:'; g ; x �.,��;:!}�,�;j'�i �s�+ui`,-' ' k•;-';" 1* 1+. J kd �r;(f S�i(i. �. ; 1' •i'l'-.,�s�s✓ !1 r`�t ��y b,. , '� �„ °` r;y,. ; y=.'��:nYi+,�L. ls� • :i `•'.'Y 4� ^�k.;i �i..,��,�€�. � e �';°•���M � ;�r 1;.� �` ,t ����.� e �l�Y . ` 4 ::� '' �:�s� in�.. . ,[s•.1� � ::��`'�.� � ' . , �;.� ;::�:::,,'�;t.. . �}.t� �;+� . . . ,. �';s{.`'.�'Lft`' ' � `��� '>�`.�`at'��:. i '' �y;y�,':.}`iiF���{ �' .. . i��I _ � Al . � _ ,. . . � 4 t _ ,�'�- l.•i ti'b..':t,li. 'e,,r;h%,Zf:is�: µh.�7 T�s �! r_Y �: f! K�� E; Ll�'ir`k.. , ..;:�':<< `�� t. ,�; . 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" .I- ��f...!'. �,• }.�"i' 9��51+ ` .77,A� �'i '"�t'�l� " `'��'i�x rr-,c��1� ��p -'°,. �ti. -,,�,i�, ,'j.�F�` .°,. .ic, '' 3 :(�:•��. 3tW�i'r J;•;1'���A•ti��,'�r��'n•t�E b.r' n:�'4�'���.r.�,�.'t,.Y.r,;ti� r ,�,..1<:yty 4f� '�.i��fy��'� ,�.�,(�le��f�;:,':�°?�i.}�yJl�„EN�.K�cit'�;� ��i••t�`. ,��`'>>• � ��P, �.�y��. ��i^•tr• Yt.�.'. !: i"iJ,iiy -e�Sr.��N �.� :' :.�.. ,'.'(. !'•' ° _L ' � ' ` . . . :c�. ,xF• .f'31�f. .isy 'l�h,i� '� u•u'_ ,s..`;' �:.�4�4�,�,�. ;. 4;' •iy .'r.}���.�'.H;�5z3�� �:g3�.z.+CWr.il�l3K.'4G°,�?l�3kt����`_�.....1..,.....al��..e�.,�.._ _._._._...,_o.,_s...W.....,..__�,.?.i'�._.,_sv_�r�'�'__�'_.._._��";: . ,� ' ' . , � • col]ection�, at� stormwater detentian,�and other auhlic, s�rvice a�d ut�,y� facilities, as follows . e�e�m�� �Itlr1. eYtt; �-1T1�5{�'i�C7 l� ... w 1. n.... .. d n n�� w� w 1 a• .� �i r� v� r� � r w�1 i w r. l�,�,,,�����: a. Citywide water supply and sewage treatment c�pa6ilities� by district where applicab]e. b. Water ma�ns, fire hydrants and water m�ters. c. Sewer mains and m�nholes. d. Gas main5, where applicable. e. Provisions for refuse disposal, including car�tainer locatian and i access thereto. f. Easements for all utility lines. g. . Star�rmatet^ � ^^��;; ' detention faci�itie�, �e�#�s t� �#e �e-� , or payment �n lieu thereof as provided in section 136.031 #e�. The loGatinn, adequ,acv.—and, desian of stormwater detention facilities �f�a�l be eval�ated both as to 'the site and #he watershed or basi�. 7h� resaonsibiTitv of t�e owner and the awner's successar5 in titZe ar inter�st far the mai�tenar�ce and an�earance flf stnrtirnvater dete�tian facilities shall aisa be establ7shed. � �� .,;�-; • h-�-. Sufficiency of adjacerit streets. A]1 of tf�e above requi,rements �ac-�►� shail be sa�isfied �� co�sisten� with the abjectives of the utility plan and current development standards and design specifications af �;he city engine�r�and the standards and spec�fications relatina to storinwater drainaqe and detention set_farth in sectian 136.031. It shall he the objective af this guideline to assure �hat adequa�e service capacity is availabie and that uti�ity, street�an� drair�age systems are apprapriately design�d for the proposed develapment site ir� relationsh3p to the �arger systems entering and leaving the site. ���e�te�e� ' � '�s�i., f.,� ��.,,,�� �7" . � �H@�r, 9� ti�L.i�@�{.'-}$��1°--�—��Ef}c—�A--�-� �•"�.. TtttM ���—'�iT1-'^{.�� �n � �i r. � n.� S. w .. 1 .� j .. 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':��•4• i: ,j ', =�,Y �.,��.Y,�.:'t�'�."',f': ���e'�..;� ,�,�C:�',�.� hi ,5, . . ..1 `..s: o' ." 'wi. ' . . ii ` �j� i: t:,S�?��a tiy y . . , i�� .t• . . .. k�:4,1 7.�r, i �Y�r.S'J };�! ;�� °', f.. ' �.�PS: � l s •l.;l '� �. :1 � »�T .:<<��±5�� i�`,;[ .�i.SY,y�ri �� ��t; t i �l� ,:'.:1r �i ; -. s �,� , �� ;l,s;'� • " 't; � '� � .� �' � �?i r; �'("f'.yl.• 1';+T, t : :3,� .i: !° '.' .�°:�f.'�t::,''. "��� .. . j' 1.� �.t�,"•..'.'"{,.}'.`$ `.�VG'�.J��r.is.'s.2.3.rnsi'.s�'.t�1:�Y��:t�. . -_. .. .... �. � =.r,.. _ . _ ._ _. _ _ . _ 'w . � �� , TOt FROM: n C C z T Y � F C L E A R W A T� R Interdepartmant Corxespondence Sheet Ron H. Rabun, City Man�geac � �+�� C . /j�7.�[w^ti _ W� l�iam C. Sakes, �i�ec�or oE Public W�rks COPIES: C. Hungickez, Asst. City Manager; J. Pola�ty; P&D Dix.; • M. A. Galbrsith, Jr., City Atto�ney; C: M. Henderson, Jr., ADPW/Eng.; T. Mi11.er, ADPW/Env.; T. Jennings, Chief Eng.; R. Maran, Civil Eng. �z�; Mayor 6 Commissioners . SUBJECT: S�or�nwater R�trafit Consideratians b�TE: DecEmber 21, 1990 The�Land Dev�rlopment Code of the City o� Cxea�ra�er, in Chap�er 137 Adminis�ration and En�orcement, Section �.37.010 S�.te PZans, pa�agraph (g) Design gu.idel�.nes for site plan approval, subparagraph (4) Streets, Drainage, and U�il�.�a.es; states that "all of �he above £actors" (re�erxing to a list of cons�.dera�,�ons rela�,ing to stoxmwater detention and oth�r development featu�es )�� sha�.]. be detezm.�ned consis�ent wi.�h ,the ob jectiives o� the u�3.],�ty pian and Gurrent deve�.opz�ent standards and design spec3.fications of '�he Ci�y Eng�.neer" . '�he curxen� development standards and design specificativns, re3.ating tQ storrrtwater, to which d�velopers aze requ�.xed �o adhe�e ar� pub].a.shed �.n our blue bookle� en�itled DesiQn Criteria Starm Drain�ae - City__of_ Clearwat�r, upda�ed �,r4m time to time� and most rec�ntly published in Aprtl, 1988. The methodolagy descri.bed in the criteria, for the purpose af determi.ning the amount of s�o�nvrate� de�en��.on �n be psov�ded by developess, entails a ca:Lcu�a�,ion o� the amaunt a� stozmwa�ez volume acGua�.1.y generated by �he developm�nt and a requirement that that amount be a�tenuat�d. In �his me�hado�.ogy deve�,opers wha change the charac�er af the land, genera�.ly by the constructian of buildings, parking l.ots, and dz�veways, where �here �ormerly was vacant, xe].ativ�ly pervious, undeveioped land, mus� de�ain an amount o� wa�er for flood protection �quai �a �he amoe�nt by wha.ch �hei� dev��.opment' increased its flow. In the case �f redeve�opment the same cri�eria appiies. Howevez, in some .instances �he oara.ginai development took p].ace pz'ior to any ru�.es xequ,iri.ng detention and, inasmuch as the proposed redeve].apment often wiZl resu�.� �.n l�ss s�ormwater generation than is already present, .sca�,cu].ati.ons result i.n no requirement �or de�enCion and �he �edeveJ.opez escap�s the respons�.bility �'ox th,e second time - at the oxi.g3,r�a1 development whe�e there weze no rules requiring detention, and a� �he redevelopment event whexe tlzere is an actual decrease in storm+rrat�s • �law. Along wi�h �h.is circums�antial circumven�ion o� de�en�ion requiremen�s zelati.ve to attenuaGinn of flnading wa�ers there is an a�companying ci.rcumven�ion of cer�ain separa te but equa].ly-i.mpartant watc�r-quali�y consi.dera�a.ans . In the normal developmen� sirua�ion b+�il.dezs ara required to accommadate the i.nczeas�� stormwater flow for fl.oad-aon�ro]. purposes as we11 as p�ov�.d�, ei�her in a sep�rate de�r�.ce ar as (cont'd) r'. � � ;,�1.ti�: ;,..,'+.,;`` ' 1 - :��', '��. k �,:t. ,`�' 0 f � t t �y`°�,R� z'�t�'p ���i��,���, �� � r.e �t'•,t� t�.�_' ;4 ,r.;� �%w: i . . � A�,;a?�.1�'�' f{'t� � '� �n I .•�,�'.:i.�J'�i•s�, G�'�,.��t.h.zkY'� °s ,�1t��4�i,�,';,t�;,,eC+'+"�;> ?`.t;� `: . 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'`� ,'i'� • :jt>`'�;;i�-�k��:,i..�;:�.f'�'�:;;. � �,:'�= � CTTY OF CLEARWA'�'F�"R ��:,1-'°:; � • : : .,,..r . ��r ;:'��'•' �,�;Y�. '� : :' �i1r;:�''�''°''� `�� "; ' �.�i,y'� '.s���i.�^"%}'.5����1" 'r<:I'1•''f ` � ' , f'�Y: r'��.S;t'l=e•v�i3t1�' ::t tir��iA.,�f.fy,�'.�''�r','#'� DEP}1FiTMENT OF PUBLIC WORK� �: ; ;�: :?' � :;l-,i:.�? _`_..: ':.}•• • � '..;, �.-�� ,,� ` �i.".; .;i'�i` ,J"i•1'1': '..',,S'�� �-,�;'�, . . ��r:�;�'_;�';.�_��oi��:"�?',;� t{`r�4;':_".���?ti;.'�:�'���t.= STORM DRAINAGE DF�SIGN CTZTTERIA '� Nr ,�t��, . .;.,, ,, �� s•; ,�.:.-: t: �a` ; ' ': ••�:",i :; ;�?�'�,�':�. - :: .. r,', K,�.",:,7„'c;.�, �, . . - . .a_,��.;;�.�:.�f^,a:�•: Y-'x� , ,�.,�,.,�o;�,=_ �'t • .1.. �;�I.A`�ij•:M'{'fi�C:e �� � � �[.' �� � ' .4.i!'"j ��=r,:;�,;:,.�.,.;a; >;'�,-::i',�,..�,;��;��`,;.;': YNTRODUCTION � ,�'. ` :1.,�.�:�;"{` � c3:�',�:.�:``�''°�«�'+::. H• .`:+�'.ii• •r...f .ira� "�'���'` ;s";'��•;.., z`i"";.�5t . ' w',t�,{y,;�,�Y�,,�' ��.�" a�w • :...�F-�. �e:;. i,� `�.��-.�F^� �•i'� ;,`' �7,"y3�4":�'�7.:`3''�,�:.<, s ,�`"i1rT�'y`i�fre.�r.:';;l�T;�::.:�u�i::�Y�t.:�;.,c(�, T�'1� Z � n�;.,; ;v �:.,��: -. �, � � r,t •;•�. }i���i'. 1A f� q:.J',; :Y '�,��` ;`"i'''•}t° f.,'�: h 5 . c�s .�,,� ! :, 7 ,,, ,.1 ;��;t�;��:Y;;�r���'r�,y 1 i,°:4'���'� ;' ;,}°,,:,en .,:,i,,�;�;;_; ' '��.}.=�.�-,.1;�i,. ;;, � '�4tiZr� �?�'r,�:, �;j; �si i� �z: � r;. i� `�'�'; �~ �: t'':a`� � ; , `�:� 1 � ��:� ti�;�:a. `��;;; = {�i�.};?`,r�A'k'd'+,�` � �' �} � , . P�_ ��:��'t ;+ �r. ; �,,. �`�;s' �-�:' :,�_' ;::,�: _.�.,:Y�;�.:�s: ii'-{j�� �, d���.Y. ;`. ;yt,,4 ��;�• y�.�:;r`�; �?,iy!�a� r'��j' l� '` � , ':�;i'.� �L`'1.! F �� . '"f_ `�";��`'� . - �.t�s',� ;'G.s� �:s; Y ;�`� s:. �.,, ti: �� �;;, �.: rs�M ?, t�i' : 4; s �L.is� ' �: �: s, . ,c• -,,;,.. . ��� :x�'��'. ���f'.x��� ,,�:�.�� ��� �,�� �'�.; ,;,• :� y�ti T 34 ��'��s�}z•,�,n F �}' � a�t.�f� t.{,�i%�"�a�a�. \�.� , . .:�r ,���r; � � :,.'F�s;;:�.,�?�,��.f,t7� .'� ,tr�� �;,� �,�a!,''�. «y� :,�...i,..`. ;.,�. •,::•� � � �'; ,���s;��f�`y7;1r;i,+A .. '.,,�;ri�.i.:fr'•:: �•,�'i`:.;};'i.'p��`!s� "i�e: '�i'� '}.: ' ' „. •}�! , ;:y � � : e: ' '�'�'{ f;' i t.�' / ` �i •:'. �! is manua s a gua.de to assis� Englneers �n tha des3r,n of stormwa�er systems in the City of Clearwa�er. �n general thes� standards are a combinatiian of requirements set by the Southwe:�t Florida Watar i�lanagemen� Distric� as admi.nistered by the Pa.nellas Coun�y pepar�tn�n� �f Environmental Manage�nent, and requirements set by �he Ci�y oi C1.earwater, Public Wor)c� �e�ar�ment. ThiS manual daes not propose to itemize the requirements of the Southwes� Florida Wa�er Managem�nt Dis��icC, bu� to highlight and de�ail ti�e requizements of the Ci�y ot Clearwater. Wh�re design standazds at applicable �egc�la�ory agency's vary, the more restrictive nr higher standard will app].y. The Designe� is required to k�� familiar with the current d�sign requiremen�s of the Sauthwes� Flcrida Water Management District. The appropriate sou�hwes� F].c�r.ida Wa�er Management bistric� s�orm water permi� and o�her applicable regu],atory agency permi�s wi.11 be required prior to any ��na], construction permit approva], by ttie City of C1.earrrater, The Designers a��ention is ca�l�d to �he City of C1Qarwater requiremen� tha� all devel.opment and redevelopmen� wil}. require provisions tor storm water man7gement. 2n par�icular, redevelo�men� will be r�quir�d tn pravide s�orm water management facili�a.es in accordance wi�h the regulations herein. For the purpose of administeri.r,g these s�orn�wa�er management regulations, redevelapment is defined as �he altera�ion oF buildings, parking, ar o�her landEarm teatures of a prop��ty which necessitates �he land development code review prncess. Reaeveiopment af property far which no s�ormwat�r m�nagement facili�ies exists will be required to pravide such faailiti,es in accordance with the me�hodology con�ained herein, nctiwithstandinq that �he oircumsfances o� the redeve�.opment may na� result in an increase af stiarmwa�er runoFf. .,.... , �,. . �. : .! ..." - " ! 0 �1 f�'A�1{iti \�1j'" . y." Y � s�s �a$��:"t'i" . :P;��4,1����r ' r:-�;�� .y� �i:. ;��'�K�>�`t.� " ' •z,. ;'y�s,� f�� �i'��f �v�4.7' 'r�����.�� �.�ti�� ��r t ��.. :1`�'3±.�ts;�i`f, ?. .sY.i�. m -1 , i : .; i S �A -� �' :.�. 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'����, `��* :��: . . • �f.l;''ue�'tb}+I;�f�.�.���n:f (h�C. �;r. ,�S?��� •f� `��� '"4'� .. !� ' !�'%��` !+k����r� �✓:- ��� - ���,. �y` : � . � �� � �zi. i {.�",_`�� �.� `.��' ; ' ;r', .��;� � �1 r. t�,:Y� •;.; w � STORMR , ;,y,;�;� .�� , • .. �� ,:' •,1,r�' ��,. :'sc� . � AT�R AtANA�EMENT ° �'; ° _' y Y p1= : t'• ,::� i� u;;:�-. ��� �°,;� ;r,f'•. AESiGN CR�T�RxA • °-'"w;, ""=1"+. ;�;;:,,` ;.f�,: . :. `i �`k•= i�`�•''��_s . f `�.f.- ,. '. .��.i+1=�•Gk. . ,'...f�i .1.• � ^' �fl���Y � � ��. � �tiA �tf: r':"s:'.':�;:-.��•; �4 n nc�,r�,''�e °�'� ' t'it�"r�; y.•, ��;''� r!';' �.. GENER.AY�• �F�i�a��;:�#Sx�}cSt ,�� ' E�i��t�ih,...' S • '�.':%':'�'t� ' "'��''r�S�3���. •�t•" ; 1: .' . �''4Y:',� � �,a;�;'�:;; ��,"�.�f.��;fr'�;� ;�,° All construc�ion sha21 comp�y with �he City of Clearwater C ' "s�;'�� `�,�� '� r:,'�� :��s= �_��'���: -i:a�' " 5 �cificatians ontract k ;. � , _�,,,� , _ p and Standards Manual. A�I stormwater facil.�.ty designs ���� �� r, �'�` =���� �'`� ���'' must he desi ned a ce r t>� �� .}' nd rti�'ied b a Flarida Re istered ��"'� �'�� �� �� ` t. g Y g Engineer. �.�,r,�. � � ,��r'-�, ;�," ;:� ,'NV��'�,;.:�H..»xr�`:: ' :4$�"�``�3,�a;� � '' i `,��'� °� �' �' ">.,�� '�. Recard drawings shaZl. be suf�mitted and cer�i�ied by a�'loricia Regi,s�e�ed '� �.y���� i '.+: j1 :1-',��t' s " �.7�q � F{. �a. ;'•`.� '.�� i� �':��r.� %�'rS3c�f:Lm�.�. . 4;�, p.. � �. �, R�''�w o,_ � _. _' i � �; � �:l jt;r'.. .���.s' SE:i:�'• y `i'x:: ��Yei i�S' ��.'h^�:�1"(���"�i,� :�'i �ri.'�, 4 f' f� S.: 7 9{`� • ',:`.rf fti€�... : ..; iiy d.:'+;`i � ,: �•� f.;, ;�� ���'{;- �:�:,,:: � � m�-.'1• ��.tk.ii._V,f.�� G-,�� Enginaer before f�na], acceptance of pro�ect. Das3gn_Freguancv � '•�,�::��f":�•, (a) -- z0 Year - storm syst�ms, culver�s ;: � �:-��, ,, �...,;,, �;����{ti='a.;� (b} - 25 Year - channel.s and de�entir�n areas with outfalls , , �,�.f.,,��;.. �: '°.,,� (c} - 50 Year -- detention areas wi�hout out�alls ; `;:u u::'�:,;. -�'�,t�,�'�_"�=�: (d) - 100 Year -- detention areas wi�hou� outfal�s whiah when .; ,,.,;,,..... ��.'����;;;:�,', capacity is exceeded ovez�].ow anta private ':��l;:.r•',:.: �� property ;���:�i ��,,_ ;��`' �� -;� � Runo�f Coefficients: Ponds, lakes and detention area (wet or dry} Bui3.dinqs, paved areas, and other im�ervious areas Tur�b].ock Impervious areas undergoing �edevelopment Green or pervious areas Z.00 .95 .as .37 .20 Desi.gn coefficients shall loe obtained by using the above coefficients nn a weighted run off inethod ior both pre-deve].opment and post-devel.opment. a. sTO� nRazNAC�: Detention areas must be buil� be�ore sto,rm sewers are insta�.l�d. Slopes sha1.1, no� be steeper than threa to ane (3 : 1) and shall be protectad �rom arasion by sad. � Time o� Concehtration Time o� canc�ntration �o �irst inlet on a system shall be determined ny using velocity o� runoff chart. (Chart attached). A minimum time of 15 minu�es to first i.nlet shall be used. . „ w . ,q�-�; . � � .. . .�... i � 1 0 AiJGUST - 1991 -.. .. - � . . . .. � ,.' : -.� t • � � �•�?i �� < �� �" .�r«: �,�{ �i' '. �;� ���,. r-, . ; y� >S:i. F', � :;. � ,� �� '� � Y a, � .� , #; � �,;� �;.{ �. � �� ; �}4 ' �"� i ��;.� ,,� ,� ,�, y .� �' e �,, i �;:�' i' . � 4 ,r �' i � , . k � � � l' � �� � .} . k l,s ; � .: 9 � � S'r E9a+wx �Fsn�*` fP,. �,.`r;n,.e.. .:r•. "1. •5;". '. � ��rrc .. . ' ... � .T.-:rr�,,. �� �n..�,,,.ti1 ,e.�'��;;' Vw�: �.x}' .�rt^iw� �.7s�4w *�'�:al.:, �,��'?+��'�* i'N�x ur{.y�t4�N.?j _}A�y' i'!��, ,��i� ,:'i ~. ' .�.�� .��.�,� ��.jr:: .,; r� r.,. �.,�. n,�-.� Y .it, ..x. � ,'�t , '".: , "� 17�.�,6 , . , , , �� �. 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Y k �;'!: �,?��.`��'�`�.�.:;3"�:R ��` ;?;'.�" i. �.:,i;'�� 11�.�,� �. � �� ���S;µF�M:��;`���t:�� -;�;"� �}��.- :' Unless specifica1.iy appxoved by the Czty Engineer, reinfa�ced aonczete �'�� `r� J::�':.i:.^•ryi 1 l`.r i�i �'i�.Pt�� �' {�r :'= �.�; i .:A' � 't��''���� ���f� :-�;?'.{�'�`'-�:' �' pipe shaZl be used in a�.l easements and street rights-oP- way. Min�.mum , � _� '' "�- "'S,:;:�.'�';�° ' "'..�'��a �'�:�? �, . Aesign fr�quenay - l0 year storm. Mann�.ngs �4 ��.;°��.: ,:-�.'r.�c�' :�� r''.};:,, ., szze shall be 15" diameter. ' . , i ,t; � , t �r � ��S"��'>�?r� ,�,, . �' :t . t.:" ;:i. i?!� ; i i', n _ ,.�::' 3 �-�� :;t,,.:,.-,,r;;,c�, _��:}�� �;�-���_;�:.;� Roughness co�fficient �or storm pipe: • �`� � < dSs '��� .'��r,j,.rt.':S :.rl�•:%'"�„",;'!t4':'�,: ., .. .'rwf.i.'�<., ..tc+; .`.i'� �A� �"M',1,��t�. . ._a� � , r c . . i ;`.`• 't.,�,' `La� RCP !L`�=".;�;�;;' , 15" - 30" inc�.usive ?s,���'.,,. 36�� - 48�� �i f:��:;� ;;;;_ 54" -- up � � t,;:,; ;� b �MF ar luin�nut�i Asphalt coated ja� PVC Storm Dzai�Pig,e N .013 .012 .o�i .023 . 0 ].8 .009 The slopes for culvezts used as starm sewers sha�� produce a v�l.oca.�y within the following lima,ts: Maximum CMP 1� f.p.s. RCP 12 f.p.s. Minimum 2 �'.p.s. 2 f.p.s. Standard hydxaulic gradient eZevation shal�, he miniznum of 1..0 foot belnw throat o� inlet ar manhole. Minimum culvert Size: (a) - P�pG - i.5�r (b} - Hax Cu�.ver� - 3� x 3' Maximum ].ength of pipe without access structure: (a) - {S5" - �8"} Pipe - 350 ft. 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'ai.Yt"� t-C,; �Sd -'•��.���.r. �: : �!,; � ry;. `� : �, i �: Y":- •]Y t; i' ;i.' ;`:����,,,°;;_��� ;;54:..�-',;�;;!�`":,�,'; �nlet� and manholes wi12 be designed so as not to have standi,ng wat�r ����i',.,��;;��°,��;;�: �.,.t�:�'°.":��-"::'"r',''� WhBf1 nat functioning. � 'Y'�T'f: °; x f�r i..r r�-�i�: r,:: • I.::�(.,� .��.'r�S ;� r f-s���a=��`r;'��`��• �.:.t`,`^�'.` :`_ °=' �z. All inlets to have manho�e .1,;y�•� .,.;,� •;�;Y.t',,rA;:. ].i.8s in accordance w�th City standards. i�T:�4'`y.�`Sy{�'i'. rr� �;r'�i,.v �I.�y, ,5 : il.5ti',r '• 1 a3.Al�i�- � �+ ''r' �'f- �':� ;'.',��,;a��:?.,��sr;.;,,2,��+=;�:_•;� �•!. Inlets are not to be placed in curb return. a:r�'.X - �J° 1''r <• a . ,'4r4; �.;,,1::%�� � .7 i i�i .�•. )i r {'•<i,. � t il'� ' i� X� .-'i� {�'4 � :fi �s�°T.;t i� . �r �<,,� .;. $ .^ ; v��" �� �;�.'" .` „"`� �;:~.`�� ; � e cut f 2ush witih ins < ti-. ,, .'� -�;•F �,�;'��y��.,. `�, Pipes a e to b ide wali af inZet. �' � �E�r.ti. '�J'�1%n i�;� i y.�, .�.S.:i -���f� �i�f'iFi�'jldrl. �`�Slir�.�''"�� '•' �.,� Y,ir ;���;Yi y. . ,.,�' �°iT,�iZ'�.:.7�.'a� �i� :�: �: '% �� .�i:: E'�j{� ,f-� `iZ�S,!'���A,�:��;��;:•r:�,.:..• 5ubdrain sha�l enter structure a minimum �f one ioo� above inv�rt and 2� ���•;;�s}y�t'�.s..,•t ,��,., i.;:��,.,r�„ ,$.�.�ctO;�j':ti:;..`C';,�;il�if��r;rz's���;�i;.�4�V:.. firl b�1DW tOP O� Stx'LICtt13C'B. � �� � When pipe di,ameter �xceeds 30", �n].ets sha�.l nat be used as junction boxes, ].imit 3 pipes per inlet. For design purposes i.n].et capacity should be assumed as fallows: 5" Throat Grate �nlet * (Na Wing Type * (Single Wi.ng Type (Double Wing Type - 4 CF'S - 5 CF'S - '1 - B CFS - 9 - 1.Q CFS *-- Subject to Ci.ty Engineer's appzova]. on�.y. 5tat�dard inlet wings shall be a minimum af faur feet in 7.ength as per � Ca.ty Standards. 5. STREET DESIGN: Genera�,�.y gu��er water should noti be carri�d �or distances �xce�d3.ng 600 f�et. Except as where imprac�zcal, channeling water across in�ersection� will not be allowed. Inlet Spacing Normal Grades -.5$ up to 2$ - 600 ft. 5teep Grades - greater than 2� - a00 ft. 3 AUGUST - 1991 _ � ».. � • „ �A - . . . , ...�....,'.^-�.�..-..�� r ^�-�.. . "'_"_' . . , . ..... . . . » . , i . '. , ., . . .. ♦ ' ' � .'� . . � i . . . . .t ' � . + , ! ` � �.r r rF� 1 �/ h w a ;.. 4' �`+ �i�.' ' '.�.�� �._;i, t�:- -;� .'.1' .R�.:��'i�iY,.'a'Sa51fy�'•. ' i ', '' 7!��. .' t?r.�' ^`. �'�!:' i?�` • �.:,�iY•"• '4�{i �'j `. , • Y;� ° � .-`�• , ' M`;r,:.�-�. .r ��1.!<�:'� : ;.1-.. .':s i�,� �`, � r: , -'i•� f-1' �.!!i,'•',���`' i-' . ' � `,�;:•�'•:` . ����'i;h.-�:4�. , '. 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'1'..�.„ ` � ' , `;t'�: :�" .�:K'�,; c,,�i. . 1,. ., ..:�, _ ;`0. n�a:'�� ; tlL r,.�y:4u•`:E<<•y��;. �; ^x����i �,�.:�h«�f� . •w �1.y.' ?�:}: I. .. _ r.: J��Ji�;^�°�°;^°L,�� �,�:.C:{�i�:i�t.'''l�. _ . �o..� BTREE!� DESYGN: (conti.nued) Where grades exceed 2�, a 6� wing wi�.l be r�qu�zed on �h� inlet. Grades less �han O.S� are subject to Ci�y �ngineer's approval only. A minimum of 0.5� grad� shail be zequired �or asphalt drives and parking lc��s. Right-af-way shoulders shall be sadded thxee fee� behind curb and remainder, graded, seeded, and mu2ched. Mulch �o be dry or green per F.D.O.T. cuxrent standard. 6. HEADWALL8: A11 inlet and autlet pipes shal]. b� provided with a headwal]., mitred end section, or �lared end sec�idn. Headwalls shall be reinEorced cancrete. Pinned Sand/Cemen� bag structur�s built in accordance with Ci�y of CZearwater specifications may b� p�rmitted only for �emporary use. A3,]. outlats shali have an appropriate apran to prevent erosa.an. 7 . CiiANN�LB AND SWAL�S : Rauahne�� Caefxicien� -- �or a channe� with maintained v�getation is .030 to .035. Norma], channel depth shalZ not be wzthi.n ].o� aF critical depth. When ve�ocxta.es exc�ed maximum a].lowab�e va].ues en�rgy r�issipators shall be provided. Plans shall xncl.ude und�ve].op�d areas, pre- deveZopment � drainage, and pre--deve].opment discharg� at key design poinrs such as channels, exis�ing ponds, slcughs, etc. A1so post-- deveZopment ca�culations �or s�arm runoff and proper detention shall ba determzned. �� Type o!.' Soil in Flow Line Fine Sand Sandy Loarn SiZt Loam r3.r1n Loam Fa,ne Grave]. stiff Clay Coarse Gravel Hardpan Maximum Al�.awabl� Ve�.oc3,tv f �.x�. s.l ]. . 5 i.s 2.0 2.5 2.5 3.3 4.Q 6.0 0 Major channe].s {Q gr�ater �han 3Q CFS) shall have a�a.ve foot bottom width. Draznage swales normal.ly wi.�.], not be permitted along rear lat lines. 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''' . ,'��.. , � ��..5 :, :.i . • �� �; y�•� Y,;� ..�5`.i. ,,^R �;-. .` ;. �c ��1 �,�% �,.i." ;t�• ;j�>; j, , '1'r•S.�itif:` -, ., � �';, .. .. , . �' �Y rq .1'�.��'�'�•' �'.��` f C �{�}Y,' "} - ,: :;iS:'+: j,?,,i��f "� .;�. ;;;.,.,.�� ; ."�k;; =t;'. �;r-: � � � . ' � B . STORM WATER D�TEI3°I'i0 d::'.�1;. .'S...' �,.. TN}� `�� � � ° � ;�`�;;"1`"=; �"°f' �:��'�� '„_•�' � This poZicy is �o insurQ �hat runafi will not be increased beyond its tr;F �>' `';_° ��-'`' � preset�� state by develop�nent . i�. is alsa in�.end�d to proteCt the �°`��'�;`�-�°������ `:�`,'���r�� �. �, quality o� r�ceiving waters in �he Ci�y from addi�ion�1 pollu�ian i :i : .; ': :�� .,•�". ,",': `:,;;." ...; .�, �,�'.: R �.::e, • . ;�,; 9;,.,,;�,;,,,,,,,;,;,i.. �r. ;_, �,; �S .: � resul.�ing �rom new devela�ment. The design frequency ahall be a 2� year � iJ'�`����1!`"�° ��'� •� �'�-`•� �-- � staFm based on rairifall intensity gra�ah f�� the Clearwater ar�a. The { �� ,;� . '.., ..�'j�r�,.F, �-.. ..v�� . 1'�Z' ��: ':-<.:r ��=��� t.� .r.�i�:.{4. ;;'� � � �,.' t� �4T��,�tf�Ys•;i .,x� •����~ss����d� �r�� - dura�a.on ma be ob�ained fram �he Rational methad fo� areas ct to lU i;' .; � ,,y=�,.,5.,t. • Y F ;. �;4.���,��,�k,14„��.;,�.,�;.�?,:*�`^:,,.,'�,t..;: aares. Design variations may be considered for areas ].�ss �han ane ;.,,;��.;�,�,; .,..,,, �_..;...r ;,.,.,:,a,,�,�.��;:, acre. The runoff caeFficient differential DELTA C is obtained by �: . _ �,} � �;�i ,;'{-�i . � �ti ��`�1 r..ti : 4 �' � � �. . -, � � �f r;. ''S �� �. '.,' y':, �P ���,'f� �. i� �.; . ,�k�4``r,i`��}4�'y'•` � � <:��{;;;�;� :�:� �,'.;ti` �� �°;'=er'-3�'�'��'�� i: .. ; �T>}y� �- ' "�; ;t�.. � :%' r'`�:ti'�}:�i r .,. . , subtracting pre-deve�opment co�Ffica.ant from post--developm�nt coef f icient. For projec�s greater �han �0 acres� �ystems design must incorparate the U.S. �epartment o� Aqricul�ure Soil Conservation Se�vice Modified LTnit Hydragraph, ar �quivalent as de�ermined by the City �nqineer, in conjunc�ion with a SGS Type III rain�all dis�rS.bu�ian curve. For avexage wa�ershed slopes less �han .5$, u;�e of the Del Afar Va Unit Iiyd�'ograph, in con�unction with the SCS Type III Rainfali D�.stribution Curve, w�.l ]. be requ ired . In the case of redevelopment of land upon which no stormwater attenuation or water quali�y �ea�ure exists, ar upon which the existence a€ �uch features do nat meet the s�andards applicab�� a� the time of redevelopment, the red�veloper w�ll be required to provide �aciliti�s in a manner similar to an original developer and in progoa�tio� �o the extent to which the si�e plan of �he property is af�ected oz distuxbed by �he redevelopment. In the me�hodology �or calculating stortnflow, a pre�develflpment runoff coefticient oF .37 wi.l� 4�e assic��ed ta ilt+pervious areas of th� p�-op�rty, exce�ting where i� can be cl�arZy demons�rated �ha� a differen� coetPicient more accura�ely r�flec�s the actual condi�ions ariginaZly existing. The .a7 pre-development coeff.icient of �unoFf shaZl be a�p}.ied only '�o the actual im�ervious area oi the site plan undergoing al�eratian. The Ci�y of C�earwa�er s�andards relative to �he provisian oF Wa�er- quali�y Fea�ures are, by �his reference, �he same as �he Sauthwest �;� Florida WaLer Management Distri.c�'s, exce��ing �hat where S�FWMD may rule �hat no water quali�y features ar� requirec�, the City's standard shal.l r�quire the provision a� trea�men� of 1/2 inch of rainfall as �;�" appli�d over �he �ntire area of a c�evelopment pro��c� and �/2 inch as app],ied over the por�ion o� the site p�an undergoing al�era�.ion in the ;� case oF redevelopment. �� � � 0 5 AUGUST - 1991 * � �F �e j. 4 � �+f y 'l.,da1 J. '_4i t.tuw�1���'t �A3��S�'���[�yrt�;�yf'�'. : t• �� . �:ltr *,�s F��` . ��'�� �:ti�.ris;��:'{i}?.il;,��:'��+'�{'s±;r. ` ' s'�. '' � �°';y�t!� dj i`�f:ii,7, , •Zs't �tr.r!.�.;'iti��: FR�ts:' , ,r5.. �k, c�. �i' c'� � . �'' s', , � '��i t , , ,'���.Y,:.;. � �'�,�i,:.'. � .. . - ',.��.;x'.R=a;;F�„ . ' : " , !�s; :"r,�"'?;'�J�.i�f.�, • � - ;.}.�.�� t� ;;;,f r ' • ,�- ;' ' '�,',i.. 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'r � fp ' ' . :t � �r 1.}�.rF'�s:,.�iti�5:�'�•°,q�. �1 � ! �. . ��.'f.:'.�+.,`p;.:.:w 7{��` . .,L tf • 4 , . i � 1� .ti, �lYF `a�.�a:�j�..Ll,S i • - Y � ! e' , . � . 1. � .i • _ a' ��i. �i '�;i �. , , ! ' . '�a'.�'R.���i���'�:,w��+�.� . . . . . • . .'.�.,' , . . . " • h'. . - , ''o ' , • ' � �." ;;i�r;:%:.� �:.:.�"r.''�riEf: �; . '�?: , '� . �.' , : � �. . ' ; , ,� ' Q � Q .. � C ( Q -__--_._._... .' Crr. , l 1''' .,�.'; ! � � � � � � � � �,'.,' ,j.� ,��: ;Y�.� , ; j The design hydrngraph �.s an j.sosc��es "� ��'�"�. � � I triangl� wi�h a time of conc�ntrati.on equal to �i� `�' � V' "'' � ' � one ha�� of �h� durati.on. Detention design ."�:, �;�' �':r;,'.�'� � ����• �. • I sha].1 i.ncorporate a m�. n i m u m t i m e v f �,� ���`r':#;. ,,`' t ' � concentration af one hour and a 25 year s�orm `r`,: ��'•, ;' '�. '�''t='• � ;`- : � i.n�ensi�y. The outfa].l shal7. be res�rict�d to .,r�.- � �.i �_ ,,��::�; �� : �: � .,�. ; � ,_ ( �;,-`: h:;'rt.; ° i' a'.�r, . + ' .�: ,; . �:� ;:,� accommodate the pre-development flow with :��= �j- ��:.�= ,�. � �•"'�•`;., :;;.�';.'�1:' �s;: �� approp�iate overfl.ow facilities for larger ';����. �;,;-: :����; � s�; ; i;' � � (sec.} . �'ii . ;��•,�: c1Y� OF vol.umes. De�entior� ponds w3.11 iio lonc�er „'.; �; � '� � , . ,�" , CON ENT1lAT1CN �, ; .`;,' �-'.'�_��=;;� U�;�;,':�'�`�� _� require one �aat af €reeboard. •�4:r��•�.+::.��'.� :.:'T. _,r.,. ..:: DVilATiON ;�..:�.', .;'zi''.r '.�; �'1,;, ;�;,:�r�;.'r�t'r�:,r.;, :��.y�:�� s�=.�, , . _'' ._ . � � � �. _: . .4, . :`;e: :)'.^ y> ', . ,�. � i � '1:�.��,; i ��;�tr;��'��Lr ;1��;�;:;;�;,::'�';'e;':�'�.���°� -�� Volume of detPntion may be �stablished by multiplying time ot• �`'�"� ''" ''i`�=-������ �"�`' ���'•�"` '" conc�ntration times 4]ELTA Q providing the outlet control structure : „F; . ;�5 , � ^� ',� �= �'� , r . .... . . •.r ; : , k�. y �S� . .h�.F: C. �. �'n .'t:i.. � �"��`„'_�'° ;���''<�;`:'E.:.>;�.;<<„��;-- r (wei�', pipe, e�c. ) is des�.gned �o restria� o�her �han p�e-development Q. °�4•�.'�,`,�T..:=`� ,`,,�lY�r;i:t;� �:'��,�`;;'`�,,' An ou�Ea],], desi,gn al�.owing Z��s than �he pre--developed Q to pass i.s ��--': ���7,,,� '' ,;�,;: ;;;:,a ' '� , ii::�:��� fr :° acczp�ab�e i.� stoxage is prova.ded. ; .;'. �;�. �;. �•.,-. S`'�Y1..t. '. . �'lj�rllii: S:� i,'ie%�'�'��.�.:,`;s -i t�:'.:.; 'rli^ F �•r,•�•rEt. � y. . ...5`v ,i�.- ' ..- j�'! ,',. ' = ��'` ��•' •' �',�s k``" � -' ��`� � ��= - �` Discharga to Lake or WetZand '�. i'' �,s :t..3 i .. ���7;i. .,,'�i!'; �F �i��� E � Y';��''��#t;. ��;�f:','.'�'.. l., •���'�'„ �•��'`,,, ' •`�'t` =��' `�'�:�`i'� �'� :`..:`µ.'' ;= .�� �'`�:.`. ���� zn situations where �he r�-deve�.a ed Q aUuts a lake ar wet].and, the '�W' w;�;�•,:v,� ,�r..�.��1;�.-f�4� yo;ta�i.��,^'�;,.��°r �1�, p P ;r;:�:i;�r.,°�:�r': ;:y'�� .;::�; �.a-,F;,.:;',�:% ��.;., deveZoper may s�ore additional runoff above that required for water �;�� r� �� 4 ti.� �;`, :t,�:,��.����:;��:� �",' quality �reatmen� in the we�land subject provided �hat �he following ';u�,�f- ���„�.,q��_ f ,,..,;;.. �:�c?,':�'j`-'.: �':i,;`i.'s.t:�i't��ilt`��Yk•���}`�` condi.iions are met: .�',l� ,: �� '�� .�ti�;�.t��."-'C:,: A��ir;��. .:r� �"t � ;i; ��,t �� ` ,� ' � ae f �:.,� _ti-,;:. �: y� � �,1� ; , t '=3���:�:��'� �"`��,y;;�` :.; F��'��`�'�": ���i�=� Wetland with osi�ivQ outfall has the ca aci.t to s�ora a 25 ear .� ;.,; �� , , �'� ;�:�" . : �a��'�•.,���s: N,: p P Y Y ^,.:�� :�;�:�� :Fti''r'-�S�f�„;r.� ;;�,.�..,,;��:�t,;.�x;,';:• design s�orm. .x:' x�rS i ti. ��Sfb �,r7�� 1..t.��.•,.Y�,.�.,__ '�'„'��, °'�� ���' "�° �, ,`�-.,':.`� We�land wi.th no outfal.l has tha ca acit tv s�ore a 50 ear de�i n .., :����:.:�rt5�3�a.�,.���;�::1`.;��-��:;��Y�.. � Y Y 9 starm. `' Wetland has su��icien� capac,ity to absorb additional runoff. ��� �� � � � - ��:;�x � �, ���--� -' �>}�� t�.�;,����'ti�`�.s:�� � �>:r?r;,�'`�;�;� .:�� � � , , -.r: }j;' :.nti��'.,��WVa�j�y��f��'•;' � � r` >.r; � ;. .r,�;-S�%t'�' y- . . .,`s�Y���i�'�_�'fi�3��:�Y��"�sl` . �. �'��;' A�1 azeas on or ofF site contributing ta a t,rat�and shall he �.naluded in �•', r��.�:• �he design. Runoff discharg�ng di�ect�y ta the wetland sha].1 be �, �,;: ., �-�'�:;� transmitted via gxass�d swales. Runo�f from lo�s abu�tinq a wetlana " ��F;;. shall he co�.].ected �n an i.n�erceptor swale design�:d to drain dry in ;' " � ].ess than 24 hours. ?A'i:, s � � � The maximum design high water elevation of �he wetiand shal�. be one toot belaw the l.awest floaz elevati.on araund tihe w�t�,and ox one �aat beiow th� flow line of the neares� adjacent road, whichever is lawer. The design wetZand elevat�on shall be determined by the inflow anc� ou�flow hydrograph method. � The impac� to the wetland sys�em wiZ1 he token inta conside�atfan whe� rev�ewing �hese applications. �hose azeas d�.rectly out�alling tidal sal� wa�er basins will be reva,ewed �or water qua].ity impac�s only. 6 AUGUST -- 2991 r �i•... �'. �� � a ._ ,�i�t !' }v''1i.�Q�'�' • +'.'a�:� � .��. ti � . n • ��wFl . „ kr. . . . . . . . � � ,_ • 1 . . .�.P . •i . .f � . . . � . � •' , � � 4 hi: r . `r - ..t.�.: , . n:4� �r�.�{�i"'kni;*!';y,'3l�I,Y!i��; i n,�� t'�.it.iF'�: `, ' � f: ,t,;i~ . t . . -' . ifc. � a 'fl.°F j �,.��;'�!i:��Wia�•i.'t"�i:� �' � � ' � ' � ' �:?�:,' �L;i '1 �r,' ' +r' :.�;,.'.',;��sf,AK�"l . � y..y E�� � ry ,s �tj�. . i. . , , . .i, _ � .�L:" �''�ry.FO6!��""�Y,=ti'"r��` �?�.�..'.$ti?�+:v.e;)`�.�ty.1v%f •i�i: .�'i�':�[:•7:r'..1 ,�i� $%.i% :d �J�et�ti�� ${�' ig" °•�' i . . . ' 1� i.`. 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' r , ; � .. � , • � , ��i�.. t. ',��. � �� I . � ' ' , . ,:,F •. . • . � r�y `,�: �,�i•' nS�E°��' �� .�3'y . : . . � � . , f . . .` . .� : ��� , � . fr� �. .i' " . � ' iu .. , � . . .'. , 41 � '�t � � . �°R�:r_..1��4. � ' . .. . , ' "�... � e. .� .. .. ��ii�k�na�i..ki4+�:...:h�a........_«..... ..«w...��_" . ..wn - .� . .. _ ..__. .. ,..._,. . ... . ...-,....,..<..,+�a..u........»... .. ._ " ` ' .t,i'1•,�`�','Y!�•� . 'I'•• i �,, � ��� r�{. • • _ � 2�, i.�`; p;,.¢���r.'�� '-• , . ;, 14j� . ,I "� .} . �� . � f� �{,l�M1t.L�:{:.�:;�]'�,'t�f��i ; � :-�'. '� , '^'f,� ,_ 1 � . ' ' � '.` �• � � +:;!.',. �}r`��',i 4`�� f }� . 'ry�. . :�,, . ? � i� �j , I,`(�. ��4i3�'Y �y � .� � z:,.•,�.,.,� ;i,�,_.�sRg;.� . , E. • i' ,5':.. s.. ��� .�.. � . . . . . . ".'X',c.1Y+✓i1f",ai`r ,��;i.��' t r.;. �.. �.. � , t..v _ . i�}, 4�.� \ "�, 1-t°,•�. q, ' � ' � i ' . f � ��� ys'x :�i�y:r �^}��. . `� � j�•,� . � ,: � �, 3 �� . t[ 5 ,i i'�:Y• °�i.4�!��t��� � ; �+ � �' '�ir . �t �'r. ' ' , � 1`•'.r,i,-•'t'�' 6.`l 3� ��_•,:,..l.�s��.,r��:z''f:� • ' a�,,- , �{�_�,'��y��:iS�ylin: .,;t�:p`;z� :,. - . l"''�� Dxy Detention systems -. :;�r.��;;�%C ��ri;.�=,.� , • ' ::,;. ,� �;'..:;, �.' , . ;°° . a � �y • '��' �ii; . t ' � \�.i�' � . �' � t,f Y ^.�y'�1 �:f�1�,;fY.'Li[,, ^ 1� � '.i�:•.;•�.. �.:f�' �. t} � s+t. '-t'^:;�;��f..r6 :�;�.' ��:� �r,,;:r�- �� "� �,t Dry deten�ion systems ara those that under nan storm co ���_��.;,s�, !;:£����-�` - " r�ditions are dry, .., � �.,,.��. ,. �';�,., ��.. ¢.. <<, - • n e mow�d. T e� � �, �s�'�:��� ��:'�,' ���:�.��'` �'�r.'���.�.�= i�. has a rassed b�ttam and s�de slo es tha� ca b h re •.�:F��`:;�:�:'�r�=''. `,w , . .., i : � , :I , 4 p ;' � � . f•, r,... �, �r,�r�� . rf� �>:,. �' s stems shal� be desi ned with no stee er than 3:1 side s3o es +'::��;'�1',:,�`�'�"�:����"+" ``'� � Y g p �,v, f,.,.�. , �_ '� �'�"".�;,. �� , '`�� preferably no deeper than three feet deep and drain dry within 2� houx� j� �'�ti,T�;���_�:-�:���fi't?�; �, t� .�� ',��.r' ,���` �,� or less. The side s�opcs and bo��om shal.l f�e sod ��``1i "lr:.`•;`;= -��3� ded. Drawdown may be ,� . x: ��4`' �' . • : �:. t !•� �.. i �!'..v#A.1 r�'� ��� =� ;,., _ s��; �,►` `' " accomplished by the use of underdxaa,n according ta City specificat �:;�•;�'�x": 3,�..ua� ��'r'S ` - :a:::° � - �.ans , ��.�.'.��.. �� r ��:� : �.�aV. �:s;:r;' s,; or b ercolation ii �,he so � 5���.��'`_`.���"' ��� �'� �-Y�::�;,:�:''� `.�'.� y p i.]. conditians permit. At least one s �z'�`{;;:�°��°'•y �� �; ` ;�, ;: ° � ,�.. �;�;;°':;.::';:.�:'�' oiY s" � �,,.;�. ';s�'°�,�•�I...'.� �':t:: �,� ';��: :] boring showing soil pro e g 1.1 be ;�•��`��;. � s,� 6,,�:�.}.�;•°;�s.; :�.�`�` .:;` : f �il and the seasonal hi h water tahle sha ::°.A.,r���, �, ;}a.. .,�;�=�h���';�.f;.:'�a;�,k;. ,,r;.�-• ,���,;,.,��;.��:� provided wz�h �h� site plan. The soil baring sha�.l. be 3.oca�ed at the �'"�°��:.���'�''� Y"�• ; F�• • .:+� <<-- , � '� .,.f ':_''. �,���x;��c��� ' ��`, i�:'��e;f "'4`�`:, �;r}{;:;`: . .,.�< ,;�� center oF the proposed detentian axea. ��r�..3ry��, h , ��� �:4:;,�; F�.�... . .�.�« ,�� ��1.�.'.�Y'..'.'�.r' �.• �'Yj�r;Yt ��'inYv"f�,,., �� 4' �'°; 'w=�k' °b�,'�,�';��,f't�.:Uj:�,�.,'ti��9. '�s';����".r.���'�,.�;yj � �=L'��"��������r�}��• °t' ��L4�" tr�i5 � -�1�-' y.t��,i'�,.'r` �+, '�,�,. Ae� Det�ntion S s�ems ' ''v:;'°.:,, ,�,;� :� ".. C� �..,r7�;.;:.;.' 's y !i�f�r^��.. �''-3.,�� ,;• : � �. r.,.. i.;::'='::. . �,��� t�s�'f, ,� ;! .�a � ',r . "q�'��• }.,; .., ;,,, " i c- t;.,.:,, s; �� .`i �; L� �.��.�k.'{� �a-,`r��� yi��w' 1..`,:.r� `k"'r-'�,'ry'�J rt',"i• -4' �:�f���`?S�,�v A��,�f i� � F� C��.} r 7 � t.f.'� i�� ; {.r. s�i�"�;'i4`�'�°E;`�`�` =�'. �:`�"�� ��:h_y:}::::+�:�-;', ; Wet detention/retenti.on systems are thnse that undex non storm ��;t��'J�':�,.t�� � i; .� t;;;;`�}��;ki��;`:'sy,`;.'}�;.;� ��1:':��`,;:��:�:r,�;;�;�''�,' conda.tions axe designed to have a standing pooZ oE water. The design ���.�•k�='� �: r't , ; ,`�, :�_�::,���;�� •�z�:°:�:.:�w;:w:;,.;.�,�.•�•: .� :; sha�.�. be in accordance with Cit De�ail �ndex 227. ;'�i. `'�',.�, '''°'° �`.�.��:..�; . : i_ �- .�, :; ;.r �,. ,. �,,'.'� , Y � A7.1 wet systems �� * ' , �;�,:..��� �;;: �==�",:t;�;��;''_;�"'��;°.�� '„� sha�.�. i.ncorporate a vegetated littoral shelf �ver 35� of the areal caver ����Y � 3� � 3 :r'r; :F`; ,,�.ti�,` 3_;4;";k�r37�?y'js ;':� ?r.:. r��:�Y�,.�;7���,�� ' .� v���,��,.�� ;;''��..';�:;:��;.� x; f;�''s:'.;-:,a};,',t.,<_:' .:; of the pond under normal canditions. �r�wdown may include an underdrain ,�,�._:�:^;�..����fi�, ��,��' ; :-F,.����?.,i;'=:=«�:�.,� i�A;.3:��=,�: �4;-.��y .^.�y5teillr natural percolatian ar slaw bleed down sys�em. underground Y��}h��=�f�"f, ���� ��' ��� ��;:. ;.', :, ' -is:°, { 1; ,s: :6;,'. ... �, ., ��.���• , �-1, ° ti�=,;�4�; ';§:��x ;�;� ;�4F;i;:t�;�•�,w�«.,,� vaults are nat allowed as wa�er quali�y faci�.i.ti.es and are permitable �����'��5�;.��� t, 3 �`��',,, - .� >� . . ., ., : ���-: �(��y ��•. :f{.� •' -'��:., `, ,Y.': T�W �, �,Y,. .� J . `,,�f ��:f�.'�;:Ey=�`,� '�:• 'E�,: ,, . for water quanti�y s�orage on�y as specifica].�.y allowed by the C3�y f; ;�.��;� ,''-,�`��= ' . : � . .xal i . ; k .�'Yr, .' � „_4 . i *ry rl A � ;,:"::y t��a�,�; : : ..y°i�`:yM r:. _. •��-` �ngineer. . .=F1��,&�n� � 1�^�� � a '�'}'�' ��•3�a��.:;��'•�4:� , .:s�t_.`�.`:':. ,,."� .f.�' .��:R �`��r.�� 1 :".:�'.•�'Sr`�� ry..:. ,''4' j ; V^:?':'`:'^i:� ;��-;� ,,,i� �' :. +. � "+ " ,_ #H. . #'>;. ,.. ,,, ,, �s �, �� �' �"`�s�:'# � �!_s•} e5•'e ' C� "i ts'.,'��'�i�'r r''s��"�:�,�' -� : i.',: `` ; � � ' .- 1�,rA�.,.x���:k..u�.c=;� ��`:}'•�='sr� �..:,_.. �:� AQf:ention Pond Wa13s � � .;" y•: �( ,,., , ,:�� � � .. z''" ���,"i, t i, ��' �y �' .'i S' S k'� 1'!f 1;"Y. -45�..�'r.4 �,};�,• �; + t••y��• �i�.i�y°i�«�i{'`i;i Lh'�� ''�'!i;';e";%>�,:,�;4�.�:. , ��r.�{,~Y���i'l,Y��.tt, � 1, • r# ti� �d° 7s� �r e )i�;�: �' ��k^ ' :,:' k's.�f s- (., -�t,'�,�'.a;l:,'�;�•�'s,.^ 1 f ���i �"��. y ■ r� , ; �.;'::"•:}:', �t • : -. , �'�„' i. .. � �5 "� ;:►r� . �•?+'�;�'- �� i .' „� �.:k-;,-;;:;�•1,�e�,, ,� F.s}�~,�y,";�;'�-...�', The use o� vertical, wa�.].s on the sa.des of detentian ponds is ` K� , :•� . r ,f?i � `�t�,i�� ��i:"�. � � "r!` �. 4'�{;.���r t •(�i��. ;i�.�����`.�'�.`.3;?:°° L? ,;�y-,Y=;, ,�,,.�,:„ <��'... d�,scaura ed and wi�.l not be �rmitted exce t as ma be ,� .���,� d,. ' �� �- y` � a'�€��: , � rk�;��_ „�����;-, g � P Y ��`�,�-s��;���� �=. ;�;;� :�; ��: ����,,�,�;+ �'�;�`,,.��._�.�.���r;: specxfzcally approved duQ to reason of undue hardship �o the �:�• ��.,sa, '� �, - �';� . P�z.�^�,��c�;;;���f:�.�� �..:�. zti� i,`�, • �f . : .,� �r�„�' • .�':� ; ����•`-�' F � : , ; : ,:. .:�.-:;�F;: ��;�'' :`_::;, � develaper. In no circutnstance wi].l ver�ical wa�.1s on detentian �' ..�'��' ` �<� ,; 4"i j:v3�'�`✓:i> �i�l'-i� � '�.si,, i. . i �� �a�' � "r' } � �'��e; `'� °�� #��1';'� "r"' •• '� onds be ermitted ad ac�n� �a hts-o a s o � ��� {�' yr�;��,�4���. �a:� .�:.,,=p� .��r��:���r�.s':,• P p � zzg �-w y, ai ng the �p� ,���� , c�z.'� s �ri ' "�3+ ;:'�L S:i� ."' �..u'� tk�... ' � p.��,2 _i�.''yr� [4,� a'�: i.•:t� .� =-�_ ��.������1.- � '� '�''�� ���� ��� � �' baundaries of ad ' acent arcels of land on more than two sides ot � �4 � �s� � ��.���. . �'rit 'cK..� �"y�{rix €�:��;' s�'�'1eF.�i'��,�'a 7 P ► � r�"rf.�*�k'�„� n� v �� *, .. n"Y�• � M j� x; s�: L�,._ �v i i.i i;� •� � b �{R . �`�� r Y�,�, �:��,���..�:��;; ��,.,.x a d�tention pond, ar any side of a pond serving only as a wa�er �,�, �`�, ��� t t�;;t . ��t�,x'�n.:. �;��'�� ,�,�,���:'�:':`;�::'�,� quali�1 Eaci�.itY• ����'��'"��.�c%�'��.� ;� 9 . 8i3BMZ�TAL� � xn addi�ion to submitting complete pZans and specifica�ions, the Engineer shall also submit the following: . A. -- Drainage calculations ar computations including hydra- graphs £or any datention ar�as, retention ponds, compl�te with cross sections. B. - A scale map or pla� showa,ng each subdivision drai�nage basin, as an aa.d tor review of the proposed wo�k. A mir�imum of 5U feet af tapographiaal survey shall be requi.red adjaaent ta the perime�er af the pr.aposed site. F � AiTGUST -- 1991 . ,� • --- -- . ---- ---- . . ---�- . . . . ---- ... . -. � - - : ;,�+��:'�� , � �: ,. , ,� ,d �; . � � �'.t��`w�'q.:!+�-�w.tr�yf,�,.gr„ ��,.�.,.q.���,. ,.� � �y,i;'^ .. • . , .. . . . • .. . � �. . .. '-n.�.x. . .. ' ,.i.. r'�-�^���,;.rwri�, ' ':$'1 :'r,�:.rM•ri��';:•�,, , "r,f� r^;�':*?q��?'r��"!��e�' � Ig. �.;s�•r ti ,4 .. , ��.1 's..,.:r 1:�. i����',V'x,�..,�'..i� °'.I , . � i �. . .. ' y� '..�.:?;�����}. "x��y=;'Ef::� *'����:+j:}a..�. `"?`jy�:��t' Y �i'��' �• � i �+ .i�i: �r . . . .,�; :<. � � i � .';� °j'S�-� j R, �� � �i .+s f t -5?: '.:i �`�h .�r�,���-1�::`.i�,.i�. � � �, , '•' �ro•`` �.� �9+'.':�1��;; ;,,.,�•,i% 4�.:i�'`K a ,� %Y,!} rl •�� K.• T ; .tirv«�;,' :I, i . . "l..: . e �4..'' � � �i � � � ��Si'• . 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D. - All ertinen� intormation o� ad oi.nin ra erties aFiected ��`:�� ��' �. . ;,..5 y . , •..�: 3 . . ; ��, . �•. , P � 4 k� p ri , �k ��' ��: �� " � s °� by stormwa�er fram site suah as finish floar elevatiorss o� ��� .,f ., : .� .. �..'�f •. � � �• �• ���, � � �; �• : °r�" `�� �a":.`��c-.'' �. � , �• buildinqs, s�ree�s, channel or receiving waters to the , ��`�,� � ''�� ° � - '�`:?=: �-,�,.,� � �'•�- - �ti;.�','��� s�,..,c ' F . �� .: :;�i. �:,i. �: .:,;,,• ��� ;. ,�� ^E,�;�:,�;��,.�. ; �;.:.t;�.-,.,� : �inal out�all.. All ad jacent property draining on�o the , �. �tti 4` ! r r.7 :'.. :''j.'.,;°•�„ •��r a^, j'. °:r�'•.�?:;:�=��;;E;�=c,4=.;�,�;�,.`,r:�,�.;�=�.;4ti:.,�� propased site is to be shown on the site plar�. y� �- r � : ,; : �'^ ;��r� � r�, '� ?�:=« :� i`•'f.' :`: �"*�j, � , `€' `. J ;i . ,� �: ;:, ��=`~�'���i't;�`�t'' •��.:;'�-_:'��'���" ''� HePo�e praject is accepted by the Pubiic Works Depaxtment, a �� �' �`;� ��; w , i .. � ,: . 'r. � . -�•' �;'i :�i "'� '��� i.'l" +i a .. ��: t.''�..:'i,�' � i i,'.� _, :;�,,Y: =. ,�;?,,�;,; �,;.,,y. ��;^�W,.;��>, Registered Engin�er must submit writ�en veri�icati,on that the �"'�';`• '�`�� ^ ` ��.��;,�'����;;-}',:r�'r':; ,4 �.�"?' �'s?:',x'�5��': proj ect was constructed in acGOrdance wi�h approved con$truction �`.��• .�� � �y� � t..,i:, 1�.��.�..�1�:'. i "'� SsfAS =t; ' ,-�°: :�, � ,_,��.��.;:,-����.:':�°':=:�r43 l.o :`�.._��`����,.��. plans. i ���`�' ._ . �-� � �; ,:���! i .�',,',� ,.j •y .`• }i;i. �� f;:� �`�'• �'; :��F',=, �'�if'<< ;�,.� � : ,:;: '.,r'--';s:. ..�'�xf � `� ���. �� � . . ' °�—� p 1Q. ATTACHMENTB� Rain�ax� - Intensity/Duration - Clearwater. Tha.s Rainfall Intensity Graph shall be used far l0, 25, and 50 year storms. Ve].ocity of Runoi�'-- far use in determining in�ensity far above grade runofP. � Drainaqe DesiQn Camputations - suggested for working ou� draznag� computations shawing required informa�ion �or submittaJ, to city o� Clearwater for approval. 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T.,- : . _'� �:,�'�r' - �,�i �,r � �L�,`'",:�•�.'•`':: ` .r:<_ �.5.3. �)i'...i4; , f..h'Li�st�;^�. ;1,'�;y��`�.+ .•4y��t°�(�'4,��3Y .�� w� .•.Sj*si:�`�•T3t`'.`,,{;t's;':y�:<ji;<._.k';`i}r'; . ' �5�•� ' � �: �I�i .� iS�� c � 4 '• �.�I�*1!,j4•t.�17�s�"i:�',�4 .. �rv�l'���•::�:i %•'1.1. ;. .e�.�� ;,; ;l��,z , "s: s�r• .��:e. �• =� -r= �, ;�,� . :1-, ��`� F;.�;��,t ';%`-��,,.�'';i�; � ';''�. .,�;,s ,... ; :�`'^: : . ;;• � �;, t,. -�"�a• . .: ' '�-;�yi"./j r�''�_.�'}� ..3.'y '1� .���.:5,. F�:: '. 41�.!���'1�i.�YY'�' ��,-�'.�'�'i�-.�s�?'��� � ��i��.� t`. : y"y. i��P� Stti i f:•.''°� •'t' is .f�.�:p S - !? r•.. l,Tl.; - i"`F `fi,�Y�,._,•e�"�� SI:�'.fc! �; y «.t%';�''� �`��::� . �• �-,,•...�.+��; ti ,,° �: ��? <:�iii 7^��. � ��. •', ,? ; n;, .... ,.�i w �:,,; ;: i,`. , i .,�F..'�'.i ��::';'S....'��.Ti.=t:ili�i�. ,'���`,". iL:,'.' �.' " �. �. :�l;��t �Y�:�` ';, J. . i ^.fir'.7if � ti`i�' ;:%� ��3>.'< � � •� , . . •,'.M�rna to: Ron H. Rabun, City Manager Page 2(canti.nued) a buil�-in fea�uze of �h� detention pond� water tseatment componen�s which usual].y take the �orm o� lit�oxal shelves with p].anCed vegetation to remave nutrien�s. B�cause the sta�e agencies require these water � quality featuxes i.n a],�. �.nc�.dents af developmer�, and becaus� oi �he bene�atts of unifoxmi.ty, the watier-quality xequirements of the Ci�y of Cl�azwater are the same as the State's, �n the case of sedevelapmsnt, hawever, the Sta�e's ra�iona�e relativ� to water•qua�.i,ty is sim3.�.ar to tihe Citiy�s ra�i,anale �e].ative �o a��enuation and some develop�rs circwnstan�ially ca.rcumvent these requiremen�s aXso. , In �he Dra�.naqe element o£ ouar presen� Campxehensive Plan, we s�a�e in Po�icy # 17.1.4 (page 90) that we wi.].�. �liminate �hia siCuation and xequire redev�lop�rs to provide gtormwater detention and watex quali.ty featux�es, notwithstand�.ng tha� the xedeve�.opmEnt da�s nQt increase stiorm flows above �hat which is a�r�ady present or tha� a�ater quality �.s no� degzaded, bu� rather on the grounds that theare �.s an incseas� in both ovear what was oxa.gina].Iy presEnt befor� �he oz�gi.nal. deve�opmen�. In this mannez we ossen�ially will be returnxng to �he orig�.�al devel.opment, by virtue of the zedeve].apmen�, and requiring th� de�ention and wa�er qual�.tiy �ea�uzes tha� were no� then required. As is already �he case; developers wh4 claim an inability to provide the r�quired s�a�mwa�er. fea�ures on �he g�rounds o� ab�rrant c.ircumstances, may make their case ior "paym�nt--in-�.i.eu-of" and� i.f successfu�, pzov�.de a payment equal to the cost thati wou].d have been involved had they provided th� facili�ies� far use in fund,ing subsequent city-spansozed impzovemen�s in �he same drainage basin. It is in�ended to abide by the spirit of the.camprehensa.ve plan and to corr�ct the avaidance circumstance by issuing an amendment �o page 5 af our Design �ri�eria manual consisting of �he insertian, at the end o�� �he first pazagraph, of �he �o1.lawing language: "�n �he case o£ redevelopm�nt af land upvn which no stormwater a�tenua�ion or water qua].itiy feature exis�s, or upon which tihe existence of such fea�ures do not meet the stiand:ards app].icable at the time af re:development, the redeve�.oper w�.11 b� required ta provide a�3 facili�ies in tha same manner as an origi.na� developer. zn the methodalagy fos cai.cu].a�ing stormflaw, a pred�ve].apment runaff coe£:Ei.ca.�n� of .37 w�.�l be assiqned to a],l zed�velopment praper�y excepting wher� it can b� clearly demonstra�ed that a diffexent coeEficien� more accura�ely reflects the actual conditions originall.y exi.s�,ing. Recieveiopers are xequised to provide water quali�y �ea�ures far the �irs� 1./2 i.nch of rain�aJ.�. in the same manner as ariginal developers°. We will likewise ins�rt a new runof� coef�icient in�o ihe .Lis� appeaxing an Page one by placing :► "Impervious aseas undergoa.ng red�velopment -- . 37 fo� pare-deve].opment C," between �he coe�fic�.ent listed �or turfh�ock and green areas. This simple amendmen� will elimina�.e �h�� opportunit�r for a redevelope� �o avaid the requizement tio provide sto�mwater detentian or wate,r qua�.ity �eatures for a previously deve�oped site, have no e�fect on the c��,cu3.at�.ons i.n the methodo�.ogy not assaciated �ri.th zedevel.opment, and accompla.sh the objeetives of the Comprehensive Plan. ilnless you or o�hers have sufficient �ceasons not tio, the o�fice of the Ci.ty �ngi.neex will, before January lst, publa.sh and disrribute in the norma� fashian a new Page one and :Eive of our criteria making the new design standazd ef�ec�ive February �5, 1991. 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' ;�a ..�. . ��y; f!� �!ir;;<;�, ��.i, f�ri� �;';+.:,'e i'��. ` '��;�h7�,f1ti',lf: tha� paragraph------- a In �he methodol.ogy for calcula�ing s�arm�l.aw �rom property undergoing redevelopmen�, �he pre-�developinen� vo�.ume o� �unoff �saill be ca].culated by the use o� a Weighted Runo�f Coe�ficient taken �rom the folloca�ing �able: PRQPERTX A�SCRIPTIDN* W�xGHTED COEFFZCIENT OF itUNOFF** Undergainq Redevelopmen� and no� 1/2 Act�•��. contribu�ing �o an ex�.sti.ng �l.00ding prob].em Ondergaing �edevel.opment and .20 cont�ibuti,ng to an existing flooding pzob].em Undergoi.ng redevelopmen� and l./2 Ac�ual. con�ributing �o an exis�ing ��oodi.ng prabl�m for which an attenuat�.ng s�orm- wat�r management gzoject is underway *City Engineer sha�.,I be the determining aiithority o� �he Proper�y Descrip�ian ** In no case sha],�. th� coefficient be less than .20 ** Tv he applied only to azea af pzaperty undergoi.ng a�.teration �;� , ....`.�... ,.. . . ..__. - _..__ .� • . 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The Ordinance as praposed begins �n eliminate �he circumvention of z�equirements assaciated w�.th existing imperviousness ati redevelopmen� sites, immediately upon any change a� the site. �'here is no threshold established whi.ch a deve].aper must xeach before "kiaking- in" the new requiremen�. The deve].apez w3.].1 be re�pansible for providing facili�ies (or paymen� in 1.i.eu af) from the outs�t. A number co�ld be de�ermined �o : searve as a m�.nS.mum amoun� of redev�lopmen� tha� must be 3.nvo,lved befoze the requ,izements take effect. 2. The ordinance as propos�d wi�ll appl.y the �equirements in direct praportion �o the extent ta which the site p�an far a projec� is al.tered. A ce��ain amoun� o� a1.te�ation cauld be de�e�mined �a rep�esen� suf�ici.ent xedev�i.opm�nt tio �equi�e �ha� the entixe si�e he ba:ought up ta code. ' 3. Property owners in the down�own azea have requested �ha� a�3. propexty withz.n the Uzban Center zan� b� �xempt�d �zom the zequir�ment� of the ordinance. 4. The va�iaus coe��i.cien�s o� runo�� used by th� C�.ty could be changed {up aar down), prova.ded they stay wi�hin,the � .indivi.dual. rang�s associated wi.th �h� rational emperacigm fzo�n whiah they were derived. 5. 5ome a�her methad caul,d be emp3.oyed such as - assigning a p�e-development runoff coefficient C, fur rtise in ca].culatinq pre-develo�menti stormwa�e� voltunes, equa], to 1/2 the existing weighted coefiicient o� runoE� -- i.nstead of the .37 ass,ignment proposed in the ordi.nancs. � � � � � �. ti: , � . . , ,:. � C � i, � .. .....�...r..��..•�ro.. �R�...a- ...wNl • , �A f . � � � J 3 .,. , �',-, t� � ; � � � � -'" �'_. . ri:. .. , , ' . , . .. . - .S+ . �5�¢ s� ;j : ..'1' ..}'• ` • . .�f�� �4;'IP+R'1-Y'�44'i��.k�. �l���� . • ' . � ' � . � . . p .i'� ..�.i'Yet'S`4,.i;i. ,��`.Z�'• � �"e��; . . , , � � ' . 1' . 1.r i. 'i t"�i,r e. � , .. . r�, Ca{}.fwi it . .�. ��. ;r • , , . ' ' . +j 'i A:�' _�f���v:i�2.j,4i' V��,' . '�y' �' , . ! 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'� � �..f�''n, d�' y.1,•i '1 f , � � ' " ' r'�.. � 'kl•�.e:k{"�''.�ttll;w` . , • • ' • . � ' � . . . , . �.{.� - � � ' . ` ``''t� �i� ` �4,, ' • . � ' � . ..i. t. ' . . . :'`�" iei:�i�i�Y:���itr.:i�r... �3t.�., :.��Y<<. . , . -.• ..rf.. .... � i � . � , • � � � .� " i , . � � � . .. . i . . . .. '1.�... �... .� .� .i.r.f�wl�: . � � ' ,'4 r � , � � : . . ' t' � � .• �,.e, �� 'tists....' E' CLEARWATER CiTY COMM15510N • = ' 1;�' � ����,; • ' ,: r: ;� �„:�. Agenda Cover Memorandum � � . ... . � `'�+: : ' , � Itom IM �'4, x,. .�, ��;. � MQOling Dale• a I7 � I q 1 #` .�� ;: ; r' • --�---r— � ,, ; t .�f•� �,• '`�;' ro�': . - ,, :; , :,;,�,:?; : ; �;��.,p SUBJECT: , � �,'-° ��I' `';`':'''�y`,�;i�'', Land .Deve].opment Cade Amenc3m�nt - Revisian aP the De��nitians "SUbs�antial ••� f;��'"l'�';.tii,��,..�s .: zmprovement�� and ��Market Value ot the S��uc�ure" wa.�h regard �o the Flood Protaction Regulatinns. (LDCA 91-13) R�COM�iEHDATION: City Commiss�.on pass on First readin� Ordinance Na. 5124-91.� amending the definitions af marl�et value and substar�t�,al improve�ment. [] And tha�t tha app�opriate otficiale be nuthorize� to execu�e same. HACR�RO�TND : The City At�orney and the City staff have identified a need �o ravise the de�inition for "substantial improvement" �n the �lood protec��,on ardinance du� to a concern about the consistency of trea�ment of propertie� on C1.earwater Beach and Sand Key and thase an TsZand Estates . The cancern is that tihese areas of �he City of Clearwater share siml.].ar characteristics with reqard �,o tlo�d ac�a.vity; theretore, these areas should b� trea��d in a�subs��r►tially sim�.lar fashion under a1Z regulations. Stat� and fec',era� �.aws differ with regard to how these two axeas are d�scribed and regula��d. The fedaral requiremen�s {FEMA) define both C�earwater Beach and lsland E5t3t@5 a� "areas of special �lood hazard," whi�.e the S�ate of Florida de�ines o_n1v Clearwa�er B�ach and Sand Key as being areas within th� ��caastal building zone." Because of these distinctions, the City aode currently provides Por .a substan�ialZy di.ssimil.ar treatmen� o� these areas. With regard �o the definition of what con�titutes��substantial impLavament," Clearwater Beach and Sand Key are governed by a"cumulative tota�." �tate' ��ru].e" concerning subs�an�ia7. improvements �hat limits improvements �a a stxucture to 50 percen� o�' �he value of fhe structure cumulative over the I.a.�a of the struc�ure before fu�l compl.�ance with �lood pratection requiremeiyts must be ach�.eved. Island Es�ates, however, is governed by a federal rule which states �hat local govexnments may establish regulations which reflecL• appropria�e time periods for what cons�i�utes "substantial improvements." In this case; the Cit�r has established a defi,nition of "suk�s�anti.al improvement'� �hat limits improveinents to a s�ruc�ure to 5o percent oP the value of th� s�ructu�e cumulative ovez a o e ea ariod be�ore �ull compliance w�,th f�.o�d pra�action requiremen�s must be aahievad.. Fie�lewed by: Origlnpt�D��ik���� Le al � g F'1AiWING & DEVE7.OPr'FNT PJudgel ^� purchasing� User Rept.: Risk Mgm1. D�S �� acM _ xs� - Adven�sed: O1her � r 1 Uale; r Clw. Times Sv � ed by: l_,i Paper: [] Not requfrnd A} cled par�ies � Nollfled iiy �neger ❑ Not requfred .. .. . —. � . .. , Costs: � Commlgslon Aallon: } 'faial �/ S�rC��s� Approvesi � �� Approved wfcandktEons Currant FY �J Ueniad L� Contlnued lo: ...... Funding 5ourco: ' iY.i Capt. Imp. qtEachments: I_� Ope�aling Ordinance No. 51.24-91 I� c7tt�er__ Approprlalion Cada: L� None � � � i � � �;.,ti.s�,w;ri �i�:;:�''''�%t3.:.�; � � �, �: s .'i ��� f'` ''�� t������ • {;;S_;M1i,si,�.:.;w����?�h?y��"i��� ; ,i ::4 p � . � � -.v: r �' �I i��11,`Yj`�J,ir�:� �'F'�%t??�..' � . �� �,. p,jp _ rl' �.'�:: �; '' �::. :�. 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S. .s ,s.t <: � ��,r i're�� � • �.;i�� �'• :��,�""'�r�"�+l�;i� �;., �ri';�'�,vSn7'' .ii�� , � ' . �..C. 8/15/91 �4�{� f� �';��V',� � ��' ' y }S ,�yr � ���� `�r''-�'�; �,',�'��� . f.'��, LDCA 91-13 ; �'.���r� g�,, ���;� ' ��.�,cti�;.��;�: r:'�, �;-t' Page 2 ��.'�a�. ``' ����;�:�e . . � `�!: . s„��,; 4^n%t`.','t�t:'rtS;``^ , �' � � • 'fw'-. :1 �• i� �_• -.�;�„���r"o'F��� '� �� f: 1 �f 'e�i%5..� e ti; -�.1`��.;:h; � � '`�S �•_ � i��>�� -� Legal research has revealed that �the state �'rule�' is based sol.ely or� an ����••.� � ;�.; :.�`. �'•'i ;�=�3;" �;':'�i. `• .. i. �i5_ , � � � informal staff apinion from the Floric3a Department o€ Community Affa�rs. Consequently, since no �armal rule has been estabZished, as required under the Administrat�.ve Proaedures Ac� (Chap��z 120, Flarida Statutes), �he state "rule" is not bind�.ng on the City. The proposed change �o the da€init�on af "substantial improvement�� simply consolidates the £lood protec�ion requirements far Clearwater Beach, Sand Key and rsland Estates to re�lect current City regulations relatinq to �eder�l requirementg. Tha� is, for �hese areas, improvements to a s�ructure are litnited to 50 percent oE �he value of the struc�ure cumulative over a o e vear period before �ul.�. comp].�.ance wi.th �lood pra�ec�ivn requizements must be a�h i.eved . Th� proposed change to the definition of "market value af the st�uctuze" �.s made to eliminate inaonsistenaies associated with the changes to the de�i.nx�ian of "substantial. improvemen�." , •, . • ,,. . � F•, � .,-�;` '. ` ' a . •r . . �.....�� ��1�,��.....�� rq..w ' t1�� � . 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ORDINANC� ND. 5124-91 t : � �. ,, =...,r''j;;}�'�tl.t,.s.;. ;�,;js;... .°�r.;': . ��`y' r' '�`.s � :;•� ,` ,S,'cs' 'la;,�,,. �. :;,;�',���-;:;µ;'�:?�'���;'���;= ;�.'.�,,�.��"s` � AN ORDINANCE OF THE CITY OF CL.�ARWAT�R, FL�RIDA, ;'����' � �''�. �;�;•�f';;°F':'=±;'`�:i�s:��;-;;: ,*:-� "_;� ' RFLATING TO FE.�OD PROTECTION; AMEN�IHG S�CTIaiV 145.U04, �Lr��� �; ;�, � �.,, ,.4 ".. •;;,' :�..':;�. "';s`,,. C4DE OF ORDIHANC�S� 1'0 R En � �� r .:t,�,t!'��;�:t. ;:f� �: :��:?'� �i�� EVISE TH� D�FINITIONS a� .;.��;'�� .,��t ,.�. _�� .. �, :,: , �:;. .; . -. �< � cr�..r • �'„t..,.:�,..1:��'L��; :��j: :�:�=:�o'.:_,:�ti; �� II 11 II 1ry,r. r� �;'� 5•�.:�•�-;�:t.--�.r;=�,.:�. �; ;�, .� SUBSTANFIAL IMPROVEMEN�' AN� MAf2KET VALUE OF THE ���� �: l,e�,��xF', .� ��.i,,w �n � ;y:F' �,"j:y`s,..f2;�_� .i�'r,'�.�i',l ,ri[..`�-.Rs;�';a.:::�,���:°,} SiR�1C7URE��� PROVIDING AN EFFECTIV� DAT�. '�'4��,'„�''1=,f,� k �,o'� �;��� ' l ' .. )",�¢ . .p . �if�r, ���"�`�-.�� I�.Sy. ,a n7 :��! ::� !i ii.n. � y � � � ��� p l ` 11. �f�.�f,'�2�`�f_:te�i S1 �1F.'�r:;t.'�-�-'�'S':?_.�J• ai.� . ��'+����;�. �'.�.� • . ��'" �aF � ,l:z������ � WHER AS � h e t o earwater � f i rs� �����F .- `.;� . �� ��``��`.���� 1,.,�'�`'�S E t e flo4d pratectifln ord�nan�e of th Ci y f C1 ;��.�� : � � .'?.�s'�ah13?SN�:; i�,t �. �,"��?!)1�a�Y�='in,` s'YF :,:��2� .. , �. =� � �i �.4 : adopted in 1912, is based upon the requirem�nt5 o•F federal and state law and has been amended from time ta time to eliminate inconsister�cies and achieve complia�ce with those requirern�nts; and WHEREAS, certain properties in the City, including but not limited to Island Estates and properties near 7a�npa Bay, are in "areas of special fiaod hazard" (as defined by federal ru�e in 44 C.F.R. §59.2} bu� are not .in the "coastal building zone" (as defined by state iaw in §161.54, F.S.)r which in the City includes anly fihe i5lands at C7earwater Beach and Sand Key; and WHEREAS, a definitinn of "substantial improvement" is necessary for the purpose ot regulating construction in areas of special flood hazard and in the coastal bui�ding zane; and WHEREAS, the state definit�ion of "substantial improvement" provides that the cost at any repair, reconstructian, or improvement of a structure in a coastal buildir�g zone is limited to a"cumulative total" of fifty {50) per cent of �he market value of the structure before �he sfiart of constructior� of the improvem�nt, or the occ�trretice o� damage to a structure being restored {§161.54, F.S.), but tMe statute fails ta define "cumu�ative totai," and WHEREAS, "c�mula�ive total" as used in the sta�e definitian of "substantia� improvement" has 6�er� informally understood to mean "during the �ife af �he structure," but that meaning is deriv�d fro�n an infarmal s�aff opinion fron the Florida pepartmen� af Commc�nity Affairs and not fram a rule adopted pursuant to the Admir�istrativ� Pror.edures Act+ Chapter 120, �larida 5ta��tes; and � . . ., . .f .. . - . . . . --�-.. . , i`� . � t � ,.., , � :, 4 �'s ij� � i;^.o' ��r[ j.,. � i � � .1 . e,'M� �, ��',..- . �., ����' R iy ,�.4;}�% � `, � 1•y1 .Y � i � f; `` � `;' � ��, :, �.� .� �: � ■,.� •�5�,�.t�r,� 1 :'�.f;x,t.rir � ��,.�;t.,.'� `a� ' d : ;.,. � i ��r 3 L�' r'°� `ru-'.� :. • l....{�Y�, . � }'.7.Y.r, . : "�t f �:. � �' J �~ ��[: .'t �"��: i4k,`.�r�� .i' ;:�`'`Y,y}1 *?e .1 : 'rf�' n i, ;�;}.I�'` �:�'F9��!i;5.1- • ,3 � f . 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'�'�'��c�.'^�w",4� ,+� �?!.,' �� �'ir j'ij;t ".�.; : r.' �,� • �" �e��'kr-J•i�, � � � �-L`"4�, �t�5i����;i:.: i;''�'°I , i ��.'�r`,��"Jdn � ������{j�+`, ,t •�"lt�ir�,;:r',,.: . - ° , � � �+�':'� ;'� • a ;,:�� -; WHEftEAS, an agency of th� State of Florida may nat adnp� rules excep� in �,-�f�s�'`+�.. � ��,::'� sF.�..'���! �� �y 4�;� Ly ,.» . �•�{�� '}3�'s�,•� � lY �f`"��. ri r;" � �•;:"CIY�,.�,'.',.., : 11 li � t;•1. �'.: �,.,,,.. :: ;,,-,� compliance with the Administrative Proceciures Act, and any rule which has nat :���,,�� � �.,; Fi•,;.y�: ;';._�:.�:�;';:: "a , , :s . ,�°;� `'� �'���:��;:'; �'1`�'��, �een ada ted in com liance with tt�at Act is invalid; and �w�`� �' w ; ' `",,.. ,s- : ::; � •. P P . ,;�?, .'.; , . .. - .,•, ;': ; f .' �;�' ;' ?'; '4`�''�.-f.'.�°_:�'���'-�;�;�"F,`� WH�R�AS, the federal definitipn af °s�bstantia] improvement" does not limit ,� �� �'�� ., . ♦ 4,,'f . , , I , ,, -� t x j � f�. ' '�t�.� r 'c`t. ;'i , .''� � , . � :ad�'•�,:::.r ,:��;�,�.���`�t ��j �St '. �4��,�:x.�,s�.�,�:,�•;.r�:��.>.�,, the C05�5 of reconstructian, rehabilitatior�, addi�ion, or other imprc+vement af � 1 �# t�� i i � �'" 3�' +,r°%' �a y� �'Gi%a...!x.�Y�'.;'.�.(.,•. ..tt� .'.�'a�`_�...�' • I , a structure in an area of special flood hazard to a cumulative total �f fifty (50j per cen� of the marlcQt value of the structure; and WHEREAS, the federal detinition lias been amended subse�uent to the adoptian of tl�e s�ate definitiar�, bui'. still does not include the "cumulative tota]" limitation; and WHEREAS, the definition af "s�bstar�tial impr�ovement" in the flood pratection ordinance of the City was amende� on June 21, 1940, by the adoption af Ordinance 5004�90 in order ta el�minate certain inconsistencies between the detinition in the ardinance and the federal definition, but the "cumulative tota]" requirement was included with respect to prapert;es on Clearwater Beach and Sand Key to reflect the state definitiort and t[�e invalid state "r�3e;" and WHEREAS, the City of C�earwater has surveyed the ordinances and practices of other coastal communities in Florid� and has fou�d a wide vartety of practices including a 3�year time 7imit for d�tern�ining the total costs� in one instance, and no time limit and na use of �he term "cumulative tatal," an several instances; and WHERERSr thp Federal Emergency Managemant Agency, whicla administers the natianal flood insurance program, has recommended �hat cities and counties include in t�eir f�aod protection ardinances a definition of "substantial improvement" whictt incarpot�a�es eith�r a"life af the stiructure" standard ar a term of years to be estab7ished by the city or c:punty, at ttte option of fihe city •V.r.M. •. 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' r ei�'t,:.' p•".,�.�' .S �f, i . �-�,,1 �` � , ^ ��o .M5 fs s .:��;��.a.1�ty�'.1",`f' Iy" s-ri:,; 1'tTF��;� ��.��, k.'n �� � `.3 v , 4'�ii����"�r�y..r+.�:�:Y`;?;;��3��t:��`��� or caunt and ����y�;=f �,, ��� �::� :�:�� ,�,?°,:.,:�;:.�i ,� :.,�,�:,,. .... y; �:,.��7���� .� ��;�l �� , '� �Y,! l:i � +js 1yr4 !i:' �-•�•.�.. jj',, �.{'���� (������,},., ���. � .47�i�.ilLi;�.§,ZL�V e-+,' r„': i'�;'3h.2'u`u''J���' � � F r-;��� ..L,�,F,-., �' .'_',•� WH��t�AS, the f�deral rule i5 tMat tfie federal rules are minimum standards, ��,�;x�r ,����� �= ; ;��� tf'. ,.'i��'`..;����:..,. ��;1���� �;::. - . �, � 'r,.S;i,:�Y., ��i..�; a , �:,�. .�*, .i' is . L: "�,.:, �.°: and that more stringent state and local ruies apply, but in l�lorida there is na va]id rule which requires that "cumulative tota�" means during the Tife af the structure; and �iI��REAS, the City Cam�nissian finds that the enfarcement of its flood protection ordinance with a"life of tMe 5tructure" s�andard in the defiinition af "substantia] improvement" operates to impose art unnecessary hardship upon ; property owners in the coastal building zone within the city, may impose an � unequa� burden upor� the owners of pro�erties whic� are within the "areas of 5pecial f�ood hazard" 6ut which may or niay nnt bE in the °coa�tal building znne," and wi1Z operate aver time to impair tfte ability nf praperty owners to maintain �heir prnperties ta accepta�le levejs af ��ain�enance, to the detriment of the individual properties, their ne�gt�t�ornoods, and �Ete communi�y at ]arge; a�d �H�REAS, the def�nition af "�t�arke� valve af the structure" ret�uires amendment as pravided herein �a eliminate internal irzcon5istencies with other provisions of the flood pratection ardinance, including tfte definitins► af "substantial imArovement;" now, therefore, BE IT ORDAIN�D BY TEIC CITY COMMISSION OF iN� CITY �F CLEARWAiER, FLORIOA: 5ectlon 1. Sectian 1q6.00q, Code uf Ordinaiices, as amended Uy Ordinartces 4912�9U and 5a04�90, is further amsr�ded to read: , - �::,: �.. �� z »� `�: S"� :ly: ti:;,,s�� +; <<�' ,i. �'�' • , ri,3�, , ;, .i 4� ,_ `.y�. • .�.;��. �,';%• �y''Z: �ifi Section 146.044. �efinitions. As used in this chapter: * * * * * "Market value of the struct�re" means the appraisad va�ue of the structure, 3 . , ' � � - . ��'i�-� f 1. f , ` � � � J � , � s � � ',�{,.,��`"�!.h,.t��..���V�"•!��.�1"i�'�'y:tea.e�}`�,,...i��r'sa'�'+..w'.n�.v.r . x�..t�,,.� � �NP'..� .., y_+�w.��: ��r'.r.cY,,.:"�r:�+�-i«ti:•.r���.T're1�t:�1i4'�r��!it� ���� �� : ,. , ' � ;,r � �`, �; �#'�•�•` �f;;';.�,r�'.:..'S:�?+s, ;�� -',�..F� , . y • • �,,,t��.'��>��.: �3� �i �r:• Y.. .�. d �: •3,- ���,!ti"� ��� �'•r�5"�4' `��. ,�.. �a f�� ,. 5,.�;�:���7 :;3���'� .�a':,'a:f ' � °.�' �. .. `;�.,::��.. .„�;,.f�.�:°::'��:, y ��� ,�; � i t*�;� ,�; �', r. „r,�,�'�1�' �� �°sr�':i:". 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F. �Hf, t�,j���� �" � { -k �WVU .l ��4'�����'�����i�YJAt�f�ll 'k'::iS!•bGt'e. .T • ��Y� � :;�:.'_�,'��t�{{ ai}•' , ' .� 55l+++Wt wt,�'a.,t.::..:�:,�.1;At«:i..�.+..�..:;":.lt;:.:i«'r`:!.Na:i.:.uRt»:..J.w'1.....�...c'.i.'.�..V�_........:5':.��..:.:.�..;.Y:.:�:t��.rii7sL1"'aL:F1iil�ilar...n� .�..� �.».:...s.._:.3'���'p��� ,"f i�� �p i.I �3'4+- �� 1 . : ,(�t 4� ! � .; , .� �•• .,,� ;c � ;' t; .-r;� a,,• :,,� '.yr�� ''�:'i�.�° 4';;� , � }" ��� • • ' ?�7!��� �4.t.ttiil':��:}.'1�'',..�•�{'�'• , �f�11� �lry.i`'�w>Y..l�.:��r.� �L'' � � r`�:'4•'•�,'=��'•�F� .�3. �� °�� �i!�tif;�'�;1.1�_ ..''' +�: � ��'�'��'�"���'�°''''''" �`.'���'�3 nat inclt�din land, drivewa s sidewalks, landsca in swimmin oois and ot�er � �'' r;�{.;�.#j��;�,.��. ;, g�, f,,=, �: ; g Y, P 9� 9 P � !,� , �;iz�i�� ;;t„=, �. • � ; '�r�;����+� ,.::�_�':��-:," � ot elated to the basic struc�ure pri�r to the �tart af �,y.,.;,� � w`;,�.;�. , . � imi i ar impravements n r , ,`tl� � C� _�-: ;'3•N =r :,: '.l' � �'�+`l��;;�i'� =`::���F"^�- �e-��-a�- repair or improveme�t, or ir� t he case a f damage, pr ior to t he damage �, ri`Y`xt'+=�L.:•� :`:'�.�5°�:';r:.'�. , . � occurring. * � * * * "Substantial improvement" mcans: �;�r. � {1) (�a) Wittt respect to any property located fln C��arwater Beach or '"' Sand Key, any reconstructian, rehabilitaiion, addi�ian, or other improvement of �� a structure durinn a ane (1] Year period_the cumulative cast of which equa7s or `���-_ exceeds �--�m��T.: ��--�;� fifty (5Q) p�r cent af the market value of the structure before the 5tart af construction of the improvementr or �'. E:. (b} Wi�h respect ta any proPerty located in a� area of special flood d,• k; hazard o�h�r than ar� Clearwater Beact� or Sand I�ey, a�tiy recan5tructio�, ,. r< � rehabilitationr a�dition, or other improvement of a structure dt�ring a nne (I) �� year per7ad, the cast o� which equals or exceeds fi��y (50} peresnt of 1:he market ;r �„ value of the structure befor�e the start of construction of ttte improvement. (2) �or the purposes of this definitiart, cons�ruct�on is cansidered to have started when the first al�eration of any wa77, ceil�ng, floor, or at�her s�ruc�ura] part of the building commences, wt�ether or nnt �hat alteration affects the external dimer�sions of the structure. (3} i'he term includes structures wi�ich have incurred substa�tial dar�age, regardless of tlte actual repair work performed. 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S .i� :�i'} 1 .:` S'� . � �{� '+ [ � z';1���Y.i��.�is r"S:',���'i�;�lie��.��...e � � . 1 . . . , Y'E °�i:°� , t� } � . c y �}�>��`1 ���� ...+,Y�� �':<�;u:.2..�y',�:..=r:�..�_%iti�1�:KC-:;-.i.. • . . � .4�'i ,�ny�E{�i[i�� R`h�.�t.3,."iY'.'.�{�T�ai�.:.:J9.1u . ' ' p . , ' �. ,., ,A.. �.; ,L� ; , { L D � . � � .����` €.�:�.:�_��,.�d'��':r�..�;�iE��jE�:,"��, : , :�:w'�.�r,���;:a''�r�'�`�;�r�'.``:.;lF�;�'�cti�:4';. . C Z T Y D F C Z E A R W A T E R �<�r', `� � =s: : ,. t i'�' `V :[ Y4.�, r��••��'s interd�partment Co�respondence � � � ' TO: � Mayor and City Cammissinn .. , �� � FROM: James M. Polatty,lr., D'ucctor of �'lanning & Devclopment � SURTEC'�': L.SI1C1 DCYGjOQslCili COL�C ASnBAdIi3Cllt -"�MA" Rcgulatioas ' COPI�S: Michatl Wright, City Maaagtr ` DATE: August 14, 1991 � � Thc Planning and Zaning Bo$rd unanimausly rccoiw°cndr,d ap�roval af thn abava-refcrenced codc amendmtat ` � at it� August 13, 1491 meeting. 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U � j `t �S:l�.t�,.. •{;. -3S,s `,-*b�i��'�'�'i;+�':�1 ,}il'���i�;;, r: �. ,�: �� G�EI-�TER CLEAI�WATEl� ::;����.�. � a."��}:�-�.,..;.,.o._�. i � r� 1 .. , t�' F1 o • " �.� a; ' I � �¢��� a '`:' . - ;:.�.. ����- T:�:: ���F�- -��� cH,�nn�Er� o� con�nEr�cE ��� � : . �. s�. �V,t'� ;•+°+��iP��' � y, • . . . 118N.OSCEOIAAY�P.0.4�1(i45i.C�RwaatEA�t��ba7• e��Jsei�OO��• FA7(61aJ449•Zbb9 ,;s�. ����.'i:j:;;�:;: ,', 4i'„ f, A }.�. =iti; ."•t f��i, _, � EarrulirrCom�illre ;,: :>,''�� . i �t,.n+� nv�.n ;' .'.yi:,'h^. .. �i:a'',7 ,.?;,': Prl�ad�n7 "' ° � `�>�: '• t�.�i K�nn�lhG.H�mihon f_ y� �y��-,<,-."s-.:1'• Y. . • Prr�+d�m•Ewc7 All[311St �4 � Z9g1 v�ri.�. �. ._ �4.,.!: . :3.:I . ...y ,�: •.<:'�V• ,. , ..., ° ;� , banl�l M. Mdrka , ',; '" • 'l.? ;� �. • : ' ��: �i . : ' VP Ewinra A�wbpm�nt , e j�. �'y. .. x��.. .,;:.: ' :. . a��.M.�.�a,� Y�' ' �'': n":i��.rij -�' ,•t�r��+�, VYfwnom'r0ovalopm�nl . ,'3�'�': �'�r�: �,;;:� "�: '..,:';,,.;�`,;.';'• Ph11d.H�nd�raan ^ :}�.:.r,�:i:^; ;. .��.;; .., '�. ypTerxirm � , ...:`.,':�': `•:c: ��,f"� y:; .�'' . O�vidA.Tirnmons Mayor Rita Garvey �- �trM e:;�t" `; �1'". . : ,�7.?''` VPM.+�.Rn� Ci.ty of Cleaz'u�atar ;y.(. >;�2 :�K:�d;j:,1�V - , r MnM.Wlkine : ��. ,..:�:tl:�., z�. ' -'�' ' ' �F`'' VPGowmm�n1alAlrua P.O. BOX 4748 �`` .y` 't.i ' • 'G":?: ` . '!f;�:�;E'�,�"';- �i�.•a� '��r�,•:+;1;`` F�carttonwa�d Clearwater� FL 34615-4748 :;' ,,. ,;, ,,, :�,1:.s'::'::.,;, .'.; FA, ,. r�.�:�n� �:���� ., ,�.' .. . ��,�. ,r;�;`;'�_ �... av' p.sana � •'S��r��n�,{tF~•�'`' j'''�4i� "�_' �� . fmm�d,aNPsitPnrli�n! HAND DELTVERED �;� ".'� � 1.' �"�'f;';� �'r'' r . �- `� JuTitrsd.2schau .:� . i - Y �.'"t �he� - a l:. ' a . .�; ��•�Y 1�,^�.e.'��) � i/flli�.011Aii �, �;q �.': 'R�: - .i {�„•.r�`'�`�� P�tuWoodhart� ' -, . - ' �:' ���': i� � �� �. ; _y� `'°;'" �'. Faaani�� V'�n Pnsld�nl �;''a'�:�',' ;�� =#;'T� ::,,. � Dear Mayor Garvey: ,.�•;3�:�- p'-, `�;:,i r<:� ;�e � � . �'�.: �`: •�. :�,�"�� ,�c�;'; 7.: :rt i: DaardafRirttton _�^ a cag��s Ta: COMMfSSION PRESS �� A�J6 14 Z99� ctTV �n �;�`.°�',�?�:`,.�:;�'.:�-: ;;; °;s�'-.� '°"�:;' �..e.��,rr. In Dctober z990, the Chamber adopted a position paper : �`^i;��s •' �:. :1?: � .• JUan c. Bomq.kn ��{r;..:t.��,�i;�,�r,�;:��`�:a.°;��••�..'l�t.t �,�,,��,�n„� supparting �h� remavaZ of the word "cumulative" �rom Section `���r. -_..<r;�°��;�;�;�:�.+;'��'� ,. f,�,�,�a�x,�s� �,�1, 5�4 {12) of thQ I'lorida S�atutes. As vux posi��.on s�ated, we `i'�.:f,,a:�, .,,.•'=`•.t:,'Z;'�,�'� �"�.,. , R�b�xaAButtalo� ;,�•_.=��'�r�� �`,'-;�•�;��,s `t���� ��;�.�� �.,,w,BY� found it economicaZly dep�iving and unfair �or the Sta�e of �`� t=`'t ``'� ` �' or da o imit how uc ro e w s j•..• � i ;[.�:rvl.. / S. :`,;�.oi':�' ::��- ,;.--. i ; "'"Y �`"• 1, i � �. m h p p r�y a ne� on barr�.er is�ands - �-�� ..3,�.`<'r,��k -�.r.�ifr;:'t_3•' �.' LD�n�1lCook ��:°: : �_�� ° �. `'__ ,��•.>-� ; e.�r:a.n.xc��9 can imprav� their s�ructures. The State, which deviated from ;..:,a5-5:f ��R�}y<�'�::. -�':,��::,,�=: o.���:�.��.r the Federal �mergency Manar�ement Agency's defini�ion at � '� y, �i�:e•"o °� ` d�t� ti y��c° ��^'� ���: �.• Uard D. EY�r�n f�': t,-r��'ry'�}"}�e��.k�:��' ' � �;; :i °t.:.� , �k3;,�4�,,��, ����#,��a,y�.c,� ... � s, :�.;'�.' M�a�IW.FNIds ��substan�ial i.mprovement��, limi�s improvements �o a sti-uctu�e S�'�A-�,:n'.:;,.,� �+.�i.rr�.�=.:�;'�.'��-j;, S4ph�nFLFawlu , �'�) � � in a coastal buildi,n zone to 50� af the m�rket value ovsr the 'L .�.� ;'�i;�?4�� � '..;..:. , ,,:_� :� H•itwnS.Fnhsq g ��'�'�`�Nj"y�=>>�:'.1,y�;4�` r�:�„�.,".ti.�'�',` T..lam��Grah�m life O� �rl� StY'UG�tl�'@ ;ncumulative"� . .�,r #FItti��;r.�,il?r;'i��y�S:.,;{y,��'�Z'- Goupla�llGnika .,a�?'#'.�st.�.,ri..�4'� ,:+.;�r��.s_:,.:ai.��:°'„', �Nal:mM Hu att r ,- ; 9 au�n� T. iioucz E.E. P�u Jorwa NchoAs G. Kar+y Roland 5. Kann�dy JoM T. KrASae Rchard C. LoYsn Garry A. Lvbi Etlw,rd I.iuur,.lr. J. H. AlcGun�in, Jr. lA��b R, µ11as �avid C. Rgot JacN E. RusiW,Jr. Talmadp� R�n1�Cq■ JoM 1l Sehadu �on L Sufan puk�r J, Sufford dam�� W.5bw�rt JuTM F. Ttanan John H. WJli�ms� 111 Pab�n F.2ophy � ACCRBd[TED cwr�ne w wrua�c. Lr�Y��� tl� C�YYI�C� �� Tr1 Y��f�� �T���� F The Chamber also noted that prop�r�y owners on C3,earwater Beach were being treated differently than property owners on island Estates or �he mainZand side ot �he intercaastal waterway. If you own proper�y on Is�and Estates� you could improve yQUr prope�ty annual.ly as long as each impr�vement does nnt exceed 50� of the market value o� the s�ructtlre. This doub].e i.nequity w�11 p1aGe a cloud of uncertainity over the futur� of our beach. The economia dawn�urn that will result fram this existing policy, wi.11 have a ripp�e-e�'f�ect tiha� wi�], be fel.t by every tax paying cxtizen in our commUnity. Tts ior �his reason that the Chamb�r whaleheartedly endorses Orcia.na ce o 51,24-9Z, which wfluld amQnd Sec�ion 146.004 a� the Coc3e af OrdinanGes, so th�t "subs�antial im- provement" on Clearwater Beach a� Sand Key �,rould be def�r�ed as "any recanstruction, rehabilitation, �ddition, ar other .�m- provemart of a�t�uctuxe during � oI1e yP�r pera.ad, the cwnula�xve cost of whiah equals or exceeds 50� oi the market value af the gt�cture be�ore the start of c�»�tru�tian o� the �.mprovement". -�raW�A+,nwi+K�rs - Sc�¢��2 1 � ;.�'��,'''�„�';e.''�si"Y�,." T y?:��C �� €�:::�:- s„ ,a��`���z.� ., '�:';�-7�s'�y� ��: � ��ry�'�'Y3��Y �� S � . Ati ' ��� y� '. '` a�`., ii�:; : �.�w�� �`' �L� . 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F, ,i .,� �: �:. : < • �i-�.�fp.:a��;'.�,�` . �1:�"����Fti�.':��� F i��:«+ • 7 � i. i�€4.a• A„M"Z..` ��>S_s..<:�.a;�Le �. � page 2 ��3 �lr 5r� � ' The Chamk�er will c�ntinue to sugp�rt legislatian this upcoming sessian to have the word "cumuZative" remaved t�om the Florida 5�atutes as c:on�ained in the Caastal Zone Protection Aat of Z,985. zn the mea�time, your supporti oE this pxopased ordinance is needed. Your va�e is not �ust �ar C7.earwater Heach and Sand K�y, but �or a�.l of Clearwater that relie� on our taurism econamy anc� sound tax. base. 53.ncerel.y, �!���,�%E%%� Ann Wilki�ns V�.ce Pre�i.dent Governmental A�fairs & Econamic Deve].Qpmen� � cc: Memb�rs of the City Comma.ssion Michael Wright, City Manager A1 Galbraith, City Attoxney James Polatty,,Jr., P1ann�.ng & Development Director Cynthia Goudeau, Ci�y Clerk � 1 . , ` .. , i . � . � , . . � . 1' �� . �' 1 i. Y a ' : ' . � ' � . � e. ' ' . ' � . 1 � " ' y:,.,•-�-...... , �� ��� . 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"i;•.'' v.. �.ta'...:�:"�+'. . �! . . . . �i�.a� ���... � ...R.. .. <. . ...k': ».. =<-�', . .,. �.. . . , .�r, , r . . ._ . r. . . � . . . � . . �:'... :.ie1.1'.e.�.Rt_3:J:i,�'Fd . �ti'' : r' ,^ � i � ,}.�'�' �i"�y'{•'���i"J . • .1.. � ` r, . . . 1 � _ .� �.•t��,Z,�,i�( � f�a�L��sa�.�.�f. i . ..� ' , f � � 1��, �'�lt."'�'tL h�s �. !7. C�L' :�`, -{' 1. .•'�+' �'I ��i. �i�'�c'�3j����-�r� � � . , r1 . c, .. > rt'� �.a....:��•. I ;��: u'i•�`,��r �,� �`� i�E���M t � '�y�'�s�'?;�s+lj'��i-'�'.'{?'�Jl�"iq'•:�{'i : f � �� CLEARWATER CITY CC�MMISSlO ., ; ,, � �� .:��. s �',..'>�.• . ':1;; � . . j.'3,. ' t� �• e ��::`'.Sti'•`-'t7.�Y��'�`:���4�.��,. .,�� ;,;� � , , . a -�- � Agenda Cover Memorandum i�sm � �.��°ti'�� `�,;;�����:�:� ��.��a�M�:. f;�:i' ��� �+ 'i�'is � � t^' +'�t'. �41:.��•" :� , � Tr ' �. _. �,1.., S�� l� Atr "ftf,.�j,. •,.�;M;�.; , ;,� , . , y _. o� Mvaling Dnlo• .��':i.�j4�^'ct��,;. �•' f`.' :��:;:, ;:`;' �. j�s' .:�Y "� 9h":ITE1!�� ��� `;� ;.`t�s.`�k,�t�,�}�a���'acT', kA ,� ; �.l•� • .j �� .....,i.i:. 1;{i,,.�.,tiJ n...,��: <'�'j'• . ;l:' �,�;At. I .. '� `��f,'.�tf;,t�,��- _ �,..�.: ' SUBJECT: �����'°�' � �` La�d Us�: Plan Amendmen� �a Industrial fr�m Re�iaential Dffice and `''�,^ �`:=�,r� �.�";;:: �, `- :a'� Commerciai/T�uri,s� Faci,lities and a Zonznq Amendment ta RD �rom G and CC fvr ;r',���:�,�:'�i;�,;'5..�:��E ';' 3��,,� �' a por�iorl oE Phase T� and all, oi Phase ITI (q8.42I acres) of the Park Place ��`�' '��J•`� �� "�'`'�� ' " Developmen� o� Regianal zmpact (DRIj �oca�ed between nrew 5�ree�, �Gul�'--To-Bay : ;.. `<'���j:t��'`.i�"��' ,`,�Ay'`;'~`���`''�•�'.��.�-•.'' " Bouleva�d (SR�-60} , U.S, Hwy. 7.9 and Hampton Road; Building Operation Holdi.ng - M�':•�:�����:a�., ��a.. „ •.,. Company, awner. , ��: a. ,:-" (LUP 91-04 Z 91-01 j .;°,_ . �,, � : • :.;1{�,��f'i�'••,...•. '. '�Y -� ;�1_,l'�.'�'t,_w�xy'-.p,V,:. :. � ' r�.�. '. : (' ,'~�y1 3 ^,�"�.��••:' :.1... ;;.'r• - -- • .:1:��'-�.. �°;_'.�;:'.: �: '; ° � � � J.r � .• RECbMMEId�ATYON: -- - r.i`�''�t''• `�.,4"�.'?!�'` i�"'' �'"`�. }�`� �l.t CDIIlI]1.2S51DI] SSS 071 firs� readi Ordi @ ;.�.��'�:i;:r:;�;;;��,�,�,;.�,,..Y,=�..�, .s�. , Y p ng nanc No. 5113--91 rela�ing tQ �he -�� :''�"•*•��'����� '�' �.;:;,.�' •;�, Land Use Plan Am�ndmen� to Industrial and Ordinance No. 51�.4-91 relati.ng to the ��'�i,;=�i:�� _` �' =`:':� ti��-�•':�;�. Zaning Amendmen� to RD, e.: y.'- ` ;, �h: .••� �k, �, : �.t �� � ;�. ^ ��,ty.'::�a�:�i�;I�:. .-.'. .;r ,..�-i�.'ry;.:;�w!y •� .�. � �.'i��;�.'�j .•�. �R �'i^�,`;:'�,�:;i;���{s:��;� �is;;:�; ;`��i::A [ ] And that the apprapriate� offi.cia�s be au�horizad to execute sams. :'+ti:'Y. ;:,N.' '( .. •yY: •� �" L�rw-•{�:' 'SY,':kt"t.6:�!'J��rF� I 1" •'+V'�`'�^ ,�'... �:�;,�.��,::�F��.t;; , -�, _ . �• B C1CGR ND: - . .,;,-,:,.• ; �.;:.•..i:.�:s� A OU :t � '.•�}t:::`��L.'� ,: �°�°r��1�'�^•�1�'���"�`'� �..T:-�.�' ���'�� This is a re ues� to modit a or�ion �x Phas� II and al], o� Phase III of the ,;;. ... :e. .. �,. r,i,., .. c! Y p ��,f°,"";, :��u�`��;:�'�.Ff;.���;.?:-�Y"�����' Park Place Developmen� ot Rega.onal Tmpact (DRi) to allow a.ndus�rial land uses ��' n�.; �``'�,�=�:.:,f�.'� "` r�� in lieu of of�i.ce uses. Park P�ace is a 99.1 acr� affice and retaii ^' �{���k' � �� r=1 . i � i.ir`.,,' ��y�;; ��,. � r;�'� �:�`:'� �'°��;, .; develo ment ].ocated acrass Gul£-To-Bay Boulevard from Clearwater Ma1.1 ( e ;.r.. �;���,�•E:..,;.� -,•K` p . Th rE� �� ;7s:-�•:;.�;�z�:;ti;�fr� ''�"; F• .� subject p��op�rt�r is shown as �he 'cross-ha�ched o�tion of the deve�o ment on -`�<'''` .°"3>� ;f•�. F �,'r�''.;:��,? �'.`r. :.•` l� P =';,�. 3��,�,,;.:,� the attached rna�. ) - ,<�:.'.l. �h,"'��.�4i�': �:�., r.�,�;;:,e : ' " .: i {�,`� j:, � . ,�f�' -Y�`�'i�i�.r�:. k,,iil:��'E:�A' 'e�� �1..<�,i:. ��'�:�'���r'�"�'��"''"'��°i���`#�:-,�� Approval of the original Deveiapmen� of Regiona� �Impact R�part an Park Place ��E��"�f��� ��'����'�t'4t�<=';�`;�w`•,": ; was ranted b �he C t a i a �..,,�,.ti�� E;H� �;a ^,e;.�.. �:� - g Y i y C mm ssion n september 1� 1.983. A � > •�.r� ,e • L;•r�.�.�t;'�.i rt+Y '4�y�:r � .li�.;'���..:''a i+ S, '1�. ,�,. �,=�',;�:�:{�<;�����'*��`:'^?�'.''•. -'•r;'-:� At �his poin� in time �tte ori inaZ flw ers P th b t h �-�,.. , g rt o e pr 7ec ave gane through �.:,,� �oxeclosure and' the new owner, I3ui.l,ding o�erat�.on Holding Company, has a �� clian�, American cyanamid� i.nterested i.n d�veloping �he subject proper�y �':�' q8.421 acres with 'tli ht clean manuiacturin uses". Th� { } g , g p�operty is �;o=�= currently zone$ GeneraZ Of�ice (�G) with a Residentia�/OfPice Land Use 3iy' czassiticatian. �;-.�: Fi�vlawed by: �egai � Sudgot Purchaskn�� Fi1sk Mgm�. � bIS � ACM _ Olher � �'I�y �Vlan�p�r . .._._ , � Y , f Orlginaling Dept. User Uep#.: Advertl�ed: 7 �� 6 � g paie: & 7/25/9]. Papor: Gl.ca. Times `� Npl required Affeoted parlles � �lottfied . '� Not rsQulred �oats: � Comm slon Actfan: + �.�• 7o1a1 qp��oved ��� �'�� [-...1 Appraved wlcondilions Cutrenl FY U �$niad D Con��nued to: Funding Source: L.] Cept. Imp. C� Oparating Aitncitmenls: (7 o�t,er Ordinance t�o. 51.].3--91 Ordinance No. SI14-q3. Approprialian Cado: �p ❑ None L � � � � ... ti �. � Q sitr ",+�'•:k, •��c���,ti�•�a .. .r�l'�+e.. � �— . s.. .. ... .., , .. '-— ---, . . �y= ..a � � . `:� ,. ."� , . ' ` ; . . , ., r . . ..� .. , , r. . . - , : l;.,�fi�„r n.d, r�:, n, .ww.tii�► }�'��j t'�;�}�; 4k: � .r'. � �,�'�'. . . : , . 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' �'i 1�`� � t' �S';,;'','' tE �'�"�3�':R)' � .. . � � r,t �r�iY,�il%'`,fr�i�Jf.1 , ' �ll':; �'!; �i1'; . . � �y'^� . � �•"�� ;r'. � •. , ��'" �y �•yitt:� , � , ' � 't 't.�. ,��.C,�,'��'i' � . �: � .. . ' r��� t • ,. ,a � �-t `9n < t, _ . , . . f r . ,'r�,,,.. ; lr �t, . , �. n �'+:j:+ ❑ ,�,.. ..�� 4ni:.,r' � '. �r .i f ' ..�: ` � r . ��' �� � �''� es:���!` . '4 '-1`„'6��� � i . , 7��sti���i�c.��f.�.�3.....-,Y,�1L.:.SC:fJ�tL:.r."-.a:i.xo:«-+:;:.:._....,.«.r.:>a'•y�.'..lh.rf,.:i..,j.._tr . . . .ri_. � . -'E� ..r � ....c•...�wr'.;na:r�x��i'i:..RSriM�,�xJc�eni.�+l�.. �.`..'�:'1.��. ,+ ,•'i:i'::aw�." s.I.tj�,..d .. y . . .J ' j,. 3 .' . . , ,' . � ., . .s: � A'.F R�.r�j � 1 �� { S*:: ;�:,:.�: :` � : �: . .. ', C. C. 8 J15/91 �,::- .��� .. ., ; .�':g' + . : . .. LUP 91-04 � Z 91-0]. '��k` r.' �. ��rN�✓ � r t. �. , , . . . ' Paqe 2 s,: ;;':<"; c-°.•'� ,. € e,,: 'r�. •'� l.�,��.,;'.,��. ' •��°� ='-:���,';:4��>;���:;�. ..- :s �. "� �. In arder �o accommoda�e �he praposed uses, a Land ilse Pl�n amenc�m�nt and a '•`��'"� �' "'� '' '` `�' � zoning am�ndmen� is needed. This acti.on wil], be in compliance with Chapter ��� '`at;";��� ``��':�:�,� � 38Q.06, �'lorida Statu�es, requiring a riotice ot Proposed Change to an already ;-.;,::j::..,:�',�,:�,��.�. �.` ;� approved bRi. A Notice o� Proposed Change to an already approvec� �RI Will �;;;;:f;;;<,,�:;:�r:.�;„•.,. �• � r�quire one pub3.ic heaxing as wQ11 as app�rova], by the CitX Commission (on '`'� '�"� �'}�''` � "' �� secand reading) af �he proposed Land Use P].an amendment and the zonfng �.,��,u, , ��.bA_y�::�;,'�,. ? �.. .�,. . . � ;,: �:''.�F�" y;�- �;,: ���. amendmen�. i: :�., :::� ;�: �•_.�.,}�����. „' �'F`- `.�r`�r�';'.' `t, .�, C� . ��=� ��:���-:��� ��'°•�`� "�s�' �°�' ��' The �roposed new manufacturer, American cyanamid, a.s in�erested in moving ta :'���;: �::::.. ���°,, ;�.�. ; ,, . :��,';��:;t.; �•�. ;.- �,�. '�� th� Park P1ace site as �.� has au�qrown its presen� facil�ties iocated fn �he ' ,�;�.,,.�';,,_..;`•�1��.,=::_..�,.M'�.',,:-: ��; �'` �``'F.�: 4�,`,�.,:,>.:�;,...,:rr;,,�.,,�; indust�ial area east o�' South Fart Harra.san Avenue. Becaus�+ indus�rial u�es ` �`I'�`�`�`'�'�-���Yt���,;;;;;t,.• �ypically generate less traF�'ic than do affice cievelapments af a sitnf.lar sfze, : :,;, •. 3... . .., �"; :'�'��' a:�;.`'�`��i�;• �, ��r �� it is anti.cipatc�d that th� proposed develo ment will have a s i .. ; : �-�-�:.,,�,:;.'„�.`', p i.gni� cantiy �;�,•,r�,-�-',�.��.:,�,^:,���::';�;�,t`,�`:,,.,- reduced impact an r4ad faciZities fro� ths ariginal deveZopm t ;��.:� .�� ;:;=;;r; :;;' en plan. _ .,'�J,'�°�.�''s.�'.�';•,"'�°,,.-. .;:�.,, _:; :.i'yr" ,' � � =•``��>, f.�:7ti:' yjr���'�r,.r,-1`�� 1.��•���' � 1, ����.f�,�:.. '.�,�i'.in.•,�:',, �,��,-"• i,, The Park Place DRI has been adopted in �he Cl�earwa�er Compreh�nsive Plan as a ��ar��� ��;�;�;;::�$ ��.;;:+�:s���:�';'; :'::`''`°.`; �� � Re ional Acti.vit Center RAC a eo ra tlic location havi.n ade uate existin �,, ..:. � Y i 1� g g p � 9 5 �`,`',�'.F�"�-','`;;'.;'���'�'"'`�'``,'=�:�-�.�:,-�. �.nfrastructure and �ransporta�ior� faciliti�s and wher� nevr developmen� is .'!: `r,.��. ��$�:3F:w'i`. 1%����� .� .. �` �� �k'`i�'��`�s ;,<�;;�-�� �:'�'��',��'��,�� en�ouraged to be built rather than in areas n�eding new infras�ructure, ; : .., �r� �,;� .; ' .!�, , ;���.,�. i; +y,a;r ��:;, :�✓a,`;� ".,�� , � z�;�':�Y; ,r:; �~`:t� �,S`' �°t�j` ` gz m h iz d thQ dev�lo ment o�' :°;i� "� :r�;�';'. � r�: :� �'-' '�; ��"'� The development order and annexation a ee en� au� or e •>� k. ,: .� • �; , �.!'.�::,,'; z,;; ,:-' p i;" °�'k ���: '� �- -�``•�'� � t�:�� •.�� � 1 103 000 s uare fee� oi o�fice s ace and 1 0 D �_ ; �.;�;;;x ;�?t�; ,-�°. ,° ;� r r q p 54, 0 squar� feet o= retai� space >;:� �.•���'��t� n,'-`. k} ;`<�, 3�-::-"::_�� ot maxa.mum f�oar area in �hree phases as �ol].aws: ,<;�., : ;��..� ;,: ::;? �:1'y`:.)i;.3i:r`;�• r�.,��. i�i�. ' ^tr'�; �=i �r, ;?It:34'y'��f':i ��. ;.;'�:> `��,.�. : ��,°.ir S ���x "7:'�,. .v''•;�Y w.'?'':��F:.::J F. �: �''.C�Y#'. ,' 7+ ; 'i`�/Y� •'�i '�' � . •.. f �`�':5,�$:r:::,r :. { ,� .,:; :.;E�;� : �:.;�< �' ,"':��'r�1�.r.111�,-,.`,.'"' �°' � 3, `�'�;i;.� :', s ,., i , . �,.:.. ; . � � •; ,...., }i.; :.:, - �•�,.� � ��r;a vi•',, -s ✓;p12, •�.,��•;:�;� `• i � _'�,, �T • ,it'�. � ."= .}:f:f'i'�'.�. ..:, i�. .. .i :;,'�. }. " �= i > r,•.' :.,,'; fr 'x F�; "i1'' :fi:;'r.fi';Li� �r= {�;. ,7` [tF ,' i� �{� �°�r iG-` �'aRi: ;;''' :z�',� : , � •��3t� � �y. . t . ,.is"'t �iy..`l.l, t..�'o'� y^ ti:' i"' � ,+�� ��; , � _`' :CS' .d � �:i �^., �i"''�' trt�;ei.Y' •�5� Y.. i�=L t'v -�j�}z5 '.y4� . � !� �Y . „�aSS�'; ' �� �a�•'.` :1^ji . F. �� ^� t£��I�f�,S� l,'i':' . .: '.��,. .� �gt:°' . ';'5...: f 3''� ', :. • CFf, �' r�1 ���.;tir'":'�; �:: ;_ ;�:,.:' ` . � .. '.; • I"��'� 514. � �;,� � F'°• '�' �:7�',r�'��;" ; '. ya ���''i;5�k .S_=rl#-�,�1;r :.i.'i;',�'."+:', *�'� ,i�` �;i` �tye�t. i`z:, ;: }`;�.�� �. - � r: [".'. . . . . RETAII, OFFIC£ TOTAL Phase I 150,p00 SQ. F�'. �80,Oaa SQ. FT. 630,Q00 SQ. FT. Phase IZ -p-^ 323,000 SQ. FT. 323,0�0 SQ. FT. Phase III -0-- 3Q0,000 SQ. FT. 300,�04 SQ. FT. Totai x�a,oaa sQ. �m. �,ios,aoo sQ. ��r. �.,z53,aoo sQ. �T. D�velopmen� has occiarred within the boundar�es of �he Phase I devslapment area �S PO�lOWS: 49,494 sq. ft. of xe�ai.l� space - y1/17/83 as built. 120,660 sq. f�. of office space -�1j�7/s� as l�ui�t. 5,784 sq. f�. of retail restauran�/ou� parcel - 8/25/SG as built. Total re�ail built: 55,278 sg. ��. Totai oFfice bu�.1t: 120,660 sq. f�. There is an �ddi.tional 94�722 sq. �t, o� retail and �59,340 sq. ft. of office space i.n Phase t whiah �emains �a be dev�loped. Add�.ti.onal construc�iot� can be permi�t�d after approval and certifica�ion of fi.nal site plans consistent wfth the Concep�ua� Mas�er Pian. open Space and R�creati,on impact fees consistent with the terms of the original annexation agreement have been paid. Additional developmen� in accordance with Phases T� and I�I of the conceptual devei�pment pZan wi�i requir� the Paymer�t o� additianal �ransportati.on fmpact ��e�. Additional cansidera�ions xequir�d far the approva]. of subsequent ph�ses are j.r�cluded �.n �he devel.apment oraer. Arinual repor�s must ?ae submftteci fQr appzaval by the City and Regional Planning Council. Septembar is the annivexsary month �or the annua�. re�ar�s far the Park �,�ace DRI. .. , . .. .. , --�+ � + . ' �� _�_ 1 0 � � ������i���:�`.., �.y� ���� 3,1��.': i j,�ir.�,�s�5 zq,�'a:': � . 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''� � �}�e�� � ` °�ia �,:� ��. . , . , . . . •.. , ' ,. �rr.,`. .r . r,..-,t•a, :.�":'� � '. r��Y�r`�rti ��r.; • '. � : " � , ''r ° 'iti ; .�i �.�1",'�T ' - •er i{ � 1^r�'��'"` •i'r tt:�'"e r.�l:� . ,r nA,e. : i.� +.r : �S'�Si"`Rf• �•.r�;' :.ld"�;i;"iLi '1 �y���,.e. kr�y� • ..sf�'�'�� �, i , :�F�i��.�3�,14.k:�w+t.Y.ko�..rSnycy,fcia ;�n�§:.i'.r.'N...:.�.;..: ,... ��.s�.:.;:.:�'�R"M.�.I wis��t�.L.w ^\ :.':Y�j.•inftl'rJM�"` � LJR�•��+lr���i1r'���'salt - i�'i. yo�" �,�•. � , � +:�P.�„�u�r:,�i�'�..:'.?Y.' }t',�• ..v :: , °"�,.'�;.�_}y •=���;I� •y,r �� .`t�; • r�} � . ./�. ,, ' C.C. 8/15/91 ';�t�`;,.�.e,,;�,}�,�.1�''t��, .�;:1,', '��`r': LUP 91-04, Z 9J.-Q1 'rr, "� �34 " �i.. �.,1! ;F.� . .�. i e.,':i; r��s�. . . .s:�',k•.�,,�N-:�4;r.-.,.°.�,<,tr„ �: - Page 3 _:���_ ..� ;=. ���r . � �� --,,-. `,•: .t' ... �., ';rs � � . y; : . t,:`. . r. « :�s �i::;.: 'SS� J�:: � �E'�'.� . � f:��' f ' =y;��'; :t'^ . :.l ' i',,J� ����1 ,t"' µ'. , f . '�� �� - �' '`,���`���'``L'f`'� r'�, � The fo11owing is the schedule of �he Land t3s� P],an and Zo��.ng Amendment .,G�� ��,����, �. ••r':�i i,, .,-: . , _ ;�� fr�',: "� `�' ��_. meetings and da�es and types oF action necessary. '�t=..'�,"�- : :� ,��',: µ�.�t . 1�4�I��' '>y'; r:.•�yai.�'�. • �•� '.:��� �iL�„ ry, { ,r � ' , '.. . .' �:i..�:: �: !'k, r •. r ��i.•;,.:.-, - . ' ' � ' �'�'Y F; � � " '�`' � ' � 4' PARR PLACE I,I4Nb lIBE PLAN AND ZDNTN(3 CHANGE "';4f.l�i •3i' .j.; '��'t.i� , �" `a"`�:. ;i�,'= '`:' "'. • 8CH£DULE , �1�,.?e' .•; >,:`.�-'�'�� � . : ,_�• -a'.�ti'; .1�, �li:.•... '�j{ ��5 .': * . � • ; -�'U�•� i��., �f �'�: .. ' 'i,," ' � !w'�'�~r::i....:�'tii�'+.�, ' ''�t:y�.:• '1 - �,i -,'5��5� ����•�r�::.t','i'� r. � �i`��:���e:;`''.. , � GROUi�/M�E'PrNG DATE TYPE OF ACTI�N ,�. :� i x� Q.�� ,,, y•�.u:il. -1� q , : i, `+:!a�.': �,�. :�{i ;l,l� lji•: _�� �';:y �:���?�?7;;` ; ;'`i f Y; - •: i '4'�•t:..i.f,i�,. � +.i"7i', f'.,: • �. i r` .�"'.•"�. Sa.,�. ;c.•. �,e:�i. :;;`�"� ;,;;� ��:i;�t�`j r'•" : _;F.f,,�=. � . _ f;,. �^�`SF '�{:.'�: ; '.t•�y�;;,� �?•'� ,;,�,� '.S�"1�+ ' i ,, _ `� � �� :..� ���"; ` s>r� � .°ti` .;�r.� je'� i::� �.•�'-' F'' 7���� }f.•: �� laijt`tF''y, PLANNiNG ANb ZONING BOARD R�VZEW OF RESEARCH, JULY 15, 1991 D�VEL�PM�NT AND OFF�CE PARK (1�1]) ZONING DISTRrCT CTTY COMMISSI�N RECE�P� AND REFERF2AL OF ZpNIAiG JULY 28, 1991 CIiANG� TO Rp � PLANNrNG AND ZON�NG �OARD �tEVIEW OF LAND iJS� CHANGE TO 3ULY 3Q, 1991 INbUSTRTAL AI�D ZONING CHANGE TO RD CITY COMMISS�ON FxRST READiNG OF COQE 11LiGUST 1, 1993. AMEi3DMET3T CREAT7NG RD UISTRICT C�TY COMMTSSION —SECOND READING OF CODE AUGUST ].5, 1991 AMENDMENT CREATING RD DISTRIGT —FIRST READING OF LANR USE CHANGE TO INDUSTRIA�, AND ZOI�ING CHANGE TO RD PPC, CPA, TBRpC, DCR Ii3T�RAGENCY REVIEW VARIOUS DATES CITY COMMrSSIDN --SECOND R�ADING OF LAND USE DECEMBER, 1991 CHANGE TO INDUSTI2IAL AND ZONING C�iANG$ TO RD —NOT�CE OF PROPOSEI� CHANGE PUB�,IC H�ARING (FOR DRI MODIF�CATLON) , . . . , � . � � . , 'F! � , .. 3� ... .. , , � � x ,� e� ;`� �� � r �., , �� �t��x�a�'�q�a:�t�rr,.�..;,.�,F.��,�:��,�fs;�,���-^�t.,•,..���-.,t3r;•.��j•}`.er..���,�r,w'."82A�'. ��.1': YH� i:�/ }�I.i. " ?{, e.� j'' ' , ` l. r i `• ' .' l '. .�.1�i. . �`F :,; �'''' .;'• .; . �, :� •.;., .. . -; n.. : . , °. �t� �j�'�r� ��:-M t��.•t-.:3#�•�` l. �•�Y��r��.ir.- ��:�F.t' .yMi �7::`;��3 �t.'�"`"• '� '.�, t�•�i£G..;I.��;,_4C:�:-�i.i���tiys]:.�ti..�':r'r';f=_r_:.t';�,*':';.. .x:'.•�a t,:t::� ,..,.<...�'�•�'°�°'.k.if;..:s i i'�+t4� �:�±�"5�;���; . . ,�,.: !j .7 StiyV'���.` ' �., , 4 � �� iSfrr�; � i,r` �:. tiH,Y�J�'31h.',, , � 's•'. ��r�,.=. ;' ,�:,a; .�'�., , .�s..;,�t , ��,}';,rt,I,:,er., V'� !�l' � o ��f ��; 4* �,: ���, v � .. t:� � :;; �,;. � s���;, ;;,'. . ���:-i ,.F,=��,� s���=. .. ,� � :;. ''`y��4.s, "�� :�`��'. `s: ��'.;:4:. . .: f.,�,;. •�•i,: ' �� �: :� � :�' ' ��y' �t.', 'fif��c.�� i�'h;:`:.Y.I� 94�' �' 4.'��:� '.,f !"�: ,:��f:;f.i, � :y+'. P4�?�r�.{� '�t� � yv,S��.�y;�',la?i r`'1': :.,�g_J:'1.'.{,�cn'�:�.����;�, ��'�r�i �L �l:��• ` ^ '•i•� � .•' . �. . e1�'� i�.�'�t.�A `VFtv.4_'_ .1ti�� '( 4.:� .._.._...�..�.�_ _. ._.._..'.c.;r.�!A�-'- � rl � • ' ,f URDYHAHC� H0. 5113-9I ' ' . AN ORDIHANCE QF THE CITY OF CL.EARWAi�R, FLQRIDA, AM�NpING 'fHE FUTl1RE LANp U5E PLAN EI.EMEH'f OF TH� COMPREHEN�iVE FLAN �F THC CIi'Y, TO CHAFlGE THE LANQ E1S� ' DESIGNATION FOR A AORTIO�I D� PHASE II AHD ALL OF PHASE IIi OF THE PARK PLACE DEYELO�MEFlT 4F REGIOhAL IMPACi, LOCATED BETWEEN OREW STREET Ah'fi GULF-'�0-BAY B�ULEVARD ' �STA7� RUAD 60), AND BETWEEN l�.S. HIGHWAY 19 AN�} HAMPTQN � RaAD, FROM RESIDEt�TIAL/OFFiCE AN� COMhSERCiAI./1'OURiSl' � FACII.ITIES TO INDUSTRIAL; PROVIDiHG AN ��F�CTIVE �A7�. WHEREAS, th� amendment to the future land use pla� element of the comprehensive plan of tf�e City as set forth in this nrdinance is fiound to be reasanahle, prc�per and appropriate� and in cflmpliance wit� F'lorida law; naw, t�erefore, B� IT ORDAYNEa BY 7H� CI7Y COMMISSION OF 'TH� CITY OF � CLEARWAi'ER, ��ORIDA: Section 1. The future land use plan element of the Comprehensive Plan of the City of Clearwater is amended by changing the land use category for the hereinafter described property as follaws: Proaertv l.and Use Cate,c�rv � See Exhibit A attached hereto. �rom: Residential/Off9ce - Parcel A (LUP 91-04) CommercialJ7ourist �acilities - Parcel B 3'a: Industrial - Parceis A and B . Sect�an 2. The City CommiSSion does hereby certify t1�at this ordinance is consistent with tne City's Comprehensive Plan. S�ction 3. This ordinance shall �ake effect immediateiy upon adoption, subject to the appraval af the land �se designatian by the Pine7�as County �oard af County Commissioners. PASSED ON ('IRST READING PASSED Oh SECONU AND FYNAL R�ADiNG AN� ADOPTED Attest: Cynt �a E. Gau eau City Clerk Ap�roved as tfl form and correctness; .. •-t � �-~L..GtK� . A. Ga ra , •Jr. ,City Attorney r+,M�!�±r��'�1��" i� Rata Garvey Mayar-Commissioner , . • • • . �„�Y..■�„ti : � - ! \ .. I�� �, i n IC � •el;o-, 's �r, r-' .r�a- r �_ . r � k ks.�r>�` :t?��T'nHi�S,:!Y7�."N•�"91'�^95 1'• �5. .r.f,�r�'=t ;�,"�'r.��-,.,' �%s�i�� �� ;"•'a*.4`�%1' �';;y�.�sA�'¢� �a�. r .di ��. ir 14�•, ��. '('1', �,. f . .1'�'��:' l.kL � ' ' `'S�'. '..;s�� � .� �..1�. � ,�,�. .)'. ��'r .'..r".'. �a��t,1:':ii'H'�:�,�,a w;4�1. i:1�-�S:.Fl:�.'::}.,.>��.�..�i.��.S?.PiN:... �i:`S.-_ .....,-..,�t'7�'. . .,...T�:Y�.>,�r.�.: w.r-.�r^Hari-.t':_. . .:��.,.^i^e�o�r��i� . Jt'. Y �• � 1.�,' i � ' r��`�, � :�5� R`�. Y� � .f� r. �: t:'�. � � � ' ���'�'�: . . � ,�1 ri��1 � �i } y.�v# ?! , q`i � � _. x:ls�� r'�.�.�� . A tract of land lying within the Narthwes� 1/4 nf Sectiort !7� ;`.,'.!�� Tawnship 29 So�tih, Range 16 East�'�inellas Caunty, Fiarida, and being mare particuiarly described as �fallows: �s:;�e�:� � ��-_...� Cammence at the cQnter of said Section 17, also being the �oint of 'w;';,: in�ersec�ian at.the centerline af Gulf-to-Bay Baulevar� (5tate Road ��'.����� 60) and Nampton Road; thence S 89°�4fi'OI" W along th� Sou#h line of �`�:' said Northwes� 1/4 ar�d the centerline af Gul�-to�Bay 8oulevard, for '�TF=� G60.DD �eet; thence N p0°19'2�" W, far 50.00 feet to a poin� on the �`'''``�. North right-af-way line of said Gulf-to-Bay eou�evard, thence .�;,,, ;=�';.+.,� cantinue H 00°19'21" W� far 280.42 feet; �hence N 89°46'O1" E� for 'x�.�. 627.OQ feet to a point on the West right-of-way line af said Namptan -;w�;�;:�� �oad; thenc� along said West right-of-way line alo�g a�ine 33 feet r�'�� West of and paralleT with the East iine of said Nortf�weSt 1/4 of �..,., '�`'�� ' Sectian i7, i� 00°19'21" W, for 660.32 feet ta the PQINT OF .�:, `'%` �EGINNING; thet�ce N 85°19`21" W, for 242.27 feet thence S 3�°O1' 5Q" '°�;:� W, for 278.85 feet; thence H 59°58'lQ" W, tor 190.Q0 feet, thence S �p:= 30°Ol'50" W, for 211.83 feet; thence H 30°13'5�" Wr far 252.93 feet; �h,a�> thence N 32°21'33" E, for 60.�D feet; thencc N 57°38'27" W, for '�'���' 195.80 feet to a point on a curve concave to the Northwest; then�e :w.,,. '`�� Nartheasterly alang the arc of said curve� having a radius af r�'� 2 400.00 feet a centrai an le af 00°23'52" an arc len th of 13.89 yr��� � , 9 � 9 �'t feet� and a ci�ard bearing �! 30°].9'56" E, for 13.$8 feet to a paint '�i of tangency; thence N 30°08'OU" E� for 141.11. feet; thence N .' 59°52'00" W, for 233.00 feet; thence S 89°54!49" W, for 97.31 feet; ��� ti�ence S DU°05' li" E, far I20. �5 teet; �#�ence N 45°U5' il" W� for ,��._� 208.00 feet; thence S 89°54'49° W for 50.00 feet; thenc� N 00°22'28" u�; E� far I287.33 feet to a point on the South rignt-af-way line af ��:���" Drew Street; thence alang said right-a�-way line aTong a line 5Q :�. , r�. feet Sauth of and parallei to the North line af sa�d Nor�hwest 1/�4 w�,� of 5ec�ion 11, S 89°56'�1" E, tor 13I2.61 feet to a point on the �:;; West right-of-way line af said Hamptan Road; thence a�ong s�id Y1es� ;'� right-af-way 1�ne along a 1 ine 33 feefi West of and para] �el with the t,Y�,s�.. East �;ne of said Florthwest 1/4 af Section 17 S 00°19'21" E, for �.�' 1527.39 feet to the PDINT OF BEGINNING� less and except those lands �, xor�ed Aquatie �.ands/Interior (AL/I ) . 0 .' 3 • ' � . ' . . 1' . . ,�-�; ' tµr ,, .�..�n . � ' , ' E , ` i , F •. � ' , .EXHIBIT A ' � . .� -.. �� , -..., a ,.�....... ,. �. ;:. ''.��'a'�?��t�i . i,.V;�',1n�,iT�i`1 }� _,. , : •1- S�.i°•L��� �i �Y 1� ,�n`� f . ,�.1���3�w, €, �.�.f. s,, f, ;, { � k�?"+� Si�YT':��� ,r$�►.f�� , t ��- � �'�; ''� • : �.:�� �s?�.� . . _.,e .... .,-�....j .f�. - . � . � . . . 'h',"'i � i � j, f' :' F .Y������i0 �;,•1.x„y �i „�.'�.:y,�i,f'��`,."rea d:.�, i :rK..• •�:` .. �,�'�'e ?.'.. � .. � � , �._rlf: �E:: ,.�.�a., �te.+�: ,� sr . ,..r'rr'�r.i .'r���7',�'�7',��a�•%} . .� , ,a '�,5:'r �. ..'•�ii� i� . . . , . . . . 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C y `..'�, � �n�'+ � r' � fal�.s . „ � ; , ,.....,: _ . . ..._ ..�..._. _._ . OROTNANCE_HQ�„ 5I14-91 ' AN ORfl1NAlVCE OF THE CiTY OF CLERRWAI'ER, FLQRII}A� � AMEHqIHG THE ZONIHG ATLAS OF i�E CITY BY RE�OHING A FORTION OF PHASE II ANd ALL OF PHAS� IIi OF TH� PARK PLACE DEVELOpNiEf�� QF R�GiONA� IMPACT, LOCATED BETWEEH OR�W STR�E1' AN�I GULF-1'0-BAY BQULEYARD {STATE ROAQ 6D), � AND BETWE�N U.S. HIGHWAY �9 AHD IiAMPtON R�AD, AS DESCRIBED MORE PARTICULARLY kEREIN, FROM GENERAL dF'�IC� U�V�I_QPM�h��TMAND UFFICE�PARlC C(�D) aIS7RICT5 PROVIDINGCAh! E���crzv� anTE. WFl�R�AS, the amsndmer�t �o the xoning atlas af ±he City as set farth in this ardir�ance is fovnd to be reasor�able, proper and appropriate, and in comp]ia�ce w�tt� Florida law; now, therefore, SE IT ORDAiNED BY TFE� CITY COMMISSION OF TH� CITY OF CLEARWA�'�R, FL.ORIDA: 5ection 1, The fiollawing described property in Clearwater, Florida, is hereby �^exoned, and the zoning atlas of the City is amended as follows: Arq�,ertv . Zanin Disfirict See Exhihit A attac�ed hereta. From: General Off�ce (OG) - Parcel A (Z 91-01) Cammerciai Center (CC} - parcel 8 io: �esearch, Qeve�opment and Office Park (R�) - parcels A and B Section 2. i'he City Commisslan does hereby certif,y �f�afi �his ardinance is consistent w�itn the City's ComAre�ensive Plan. 5ectian 3. �he plann7ng and Deve]opment Director is direc�ed �o revise the zoning atlas o� the City in accordance with the foregoin� amendment. Section 4. �'his ordinance shall take effect immedia�ely u�on adoption� subject ta the approval of the iand use categary set forth in Ordinance Ho. 5I13- 91 by the Pine]ias County Board of County CQmmiSSioners. PASS�D ON FIRSi R�ADIHG PASSED ON SECQhlO AI�D FINAI. READTHG AND ADOP7ED . Rita Garvey Mayor-Commissianer Attest: Cynt ia �. Gou eau City Clerk Appraved as ta form and correctneSS: � � Z M. A. 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' �.. � .°•:l:,,,,y�._ � A tract of land lying withi� t�e Northwest 1/4 of 5ectior� 17, 7uwnship 29 South, Rar�ge lfi East, pinellas County, Florida, and being more particulariy described as follows: Cammence at the center of said Section 17, also bei�g ths poin� of intersection of th� centerline of Gulf-to-Bay �oulevard (5�ate Raad 6D} and Nampton Road; thence S 85°46'Q1" W along the South l�ne of said Northwes� 1/4 and the cen�erline of Gulf��a-Bay Bo�tlevard, for 6fi0.fl0 feet; thence N 00°19'21" W, for 50.Op feet to a po4nt on the North right-of-way line of said Gulf-to-Bay �oulevard; theRCe continue N 00°7.9'21" W, for 280.02 fee�; thence N 89°4fi'Q1" E, far 627.�0 feet to a point an the West rigf�t-of�way �ine of said Hamptan Road; tt�ence along said Wes� right-af-way l�ne along a line 33 feet West of and paralTel with the East line of sa�d�Narthwest 1�4 af Sectian 17, N�0°19'21" W, for 660.32 feet to the POII�i' OF BEGINNING; thence N 85°19'21" W, for 242.21 feet; th�nce S 30°Q1'50" W,�for 278.85 fee�; thence N 59°58`10" W, far 19U.OU feet; thence S 3U°a" 50" W, tar 211.83 fee�; thence H 30°13' 59" W, for 252.93 feet, th�r�ce N 32°2l.'33" E, for 60.00 feet; thence N 57°38'27" W, far 195.80 feet to a po�nt on a curve cor�cave to the Northwest; thence Hortheasterly ainng the arc af sa�d curve� having a radius of 2�000.00 feet, a central ang]e af OOQ23'52", an arc length of 1�.89 fieet, and a chord bearing Ff 30°19'56" �, for 13.88 feet ta a point o� tangency; thence H 30°a8'00" £, for 141.11 feet; thence H 59°52'QO" W, for 233.OU feet; �hence S 89°54!49" W� for 9i.31 fee�; thence S OQ°05'li" E, fior 12�.15 feet; thenCe N �I.�'i°05'll" W� for 208.Q0 fee�; thence 5 89°54'49" W for 50.00 f�et; thence N 04°22'28" �, #or 1287.33 feet ta a point on the Sou�h r�g�tt-af-way line of Drew Street; thence aiar�g said righ�-of-way line along a line 50 feet Sautlz of and parallel to the North line ot sazd horthwes� 1/4 of Secxfor� i1, S 84°5fi' 11" E, for �312.67 feet to a point aR i:he West right-af-w�y line of 5aid HamptoR Road; ther�ce along said West righ�-of-way iine alang a iine 33 teet West of and parallei w�th the East line of said Northwest �/4 of 5ection 17 S Oa°19'21" E, far 1627.39 feet ta the POIHT QF BEGINNING� less ar�d except those lands zoned Aquatic Lands/interior (At/I). �, ' y . 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C Y � Y O F C L IC A R W A T E R ,::ti, : � : � �,���' ��� . �`;� :•;��-s'; .s;;�: � � Interdepartman� Carreapondence �.. �4,�y;�;'�.; • ?,,,;'•�'� '. � �� � .��:�: ��,:'r� : 'n,,;,-,;:=: :.,' : }�, �• r.;.;,_'.',,,; -.,:: �:: � ' � �'•,4`'4'� �''''ui��: � !;'�'. �• . �;:�.+"Y4:;�"�`••�� ' ;_.:�° ;;sr. ��J;;� °+° ;r': ,�,;-� TO: Mayor and City Commission • ' � �c�ii.,,� .. ry�^;f;:•;:..a,�;�, ,,;:.A .-�:.::�x:.t: �£S','.:'" o,-:;=�� �:<-;�'r;; ;�ti ��1 ;.�3r�i���t4w,4;;; ry.=,Yy.:J.;;':;,N . s1+;;�,~';�t���'� *;,t ,�yt,� -r''_�.,•:� =�,?�r'�;; �';,�, FROl11: lames M. Polalty, Jr., Direclar of Plcinning and Devclopment . ��":`t;r':1,9�f'e�'�'rZ��f,:��r:'aN�f`�' ..:eF.'`�,�i:�.... ' Y, '>:'�NiiIS: ^-+.._,: ' .'}r',7is:. i- , .?'�i';. : "> : ` J. ' r-; F� : � sI, i•. �tr�t:.. 5UDJLCT: Minimu�n District ancl .[.at Sire - RD Zoning District ' ' '�i �';��:1� COPIES: Michael Wrighl, Cily Managcr '�r4 h:'. Kathy Rice, Deputy City Mana�er '+:: -. : 1? �.�;,� Scolt Shuford, Planning Managcr DAT'E: August 12, 1991 , The Cammissian I�ns rec;uesled thnt slnif research lhe minimum dislrict �nd lot ereas proposec! for tha new Aesearch, Dcvelopment and OFficn Park mairig distri�t. -.,i 'iiiere are basically lwo possihilities for the Commission lo consider conceming lhis disl�ict. 'Iiie frst choice is In crente a Iarge, "parklike"zaning dislrici, with reIatively high minimum district and !ot'areas; this di�lricl would be guired taward larger pro�ertias, such �.s �he Park Place projcct. The alher optian is lo creala e district ihal ' camnins rcIH�ivcly 1ow minimum c3istrict artid lol arens, which wouid promnte use af iHs �islrict far bath large- , scalc c�cvelo�ments and infill projccts. '''�' � Thc stafC nrigin�lly pro�nsccl a minimum district size oT 2 acres and a �ninimum lal erea of 2U,d00squarc fut� ,w�.�� .:'i:• wilh lltc idea lha! Ihesc miinimums would incrcnso thc flcxibililyin using Ihis dislrict fnr both tu�gc, undcvclvpcd t,,� �;�;;: Rrens such as the �ark Plnce praject nnd fnr srnaller, iniill de�clapment areas such as the Rehm praperty. Tho ;;�;�� Plnnning nnd Zoning Soa�d, at its meeling ofluly 30, 1991, rccommcndcd tiiat lhese minimums b� retain�d to j,�:�, providc �his fleai6ility. ,.�, - , �� �. .r�': There hns been discussion by the Cammission to inc[ease the minimum district size l0 4 scres and lhe minimum �'�'- Int size la 1 acre 43,56Us ft.). TI►is waul�l creale a zonin dislrict rimaril enred ivward !ar cr ro erlies. r,��� i 9• b P Y s 8 P� �F�,� This ��•uuld limit the polenlial for usc of this dislrict for infill devclopmrnt� but is mnre in k�eping wiih th� C �;; "tr��litional" minimum clislrict and lot sizes of tt�is �ype of dis�rict. It shouid bc n�led, howcvcr, Ihet most �� cnmmunitics thal utilizc a"Rescar�ch and Deveionmenl," "OificePark,"ar "I3usiness Park" dislricls typicallyhnve '�.� a numlier of'relatively Inrge undevcloped arcns to which to apply these disiricts. Cloarweter does �tot aharc this t T; chnrac�eristic wilh tl�cse enmmunilics. A Tl�e xtnff feeis that, given Clcarwnler's developmsnt pnitems, a smaller clis�ricl and ]nt size is apprnpriala tor the Re.eearch, Uevelo�ment and Office Park Dislrict. However, if the Comrnissian desires to uliiiza this district for Inrger Ereas, Ihe slaff w�ulJ recommene� tha develc�pmenl ot a similar districE which rnuld be use.cl }�rimArily for iiifili areAS that wou�d ha�e smnller minimum district a�d lol sizes, and perhaps mnre cestriclions on floor arcn :a�in, usc limitn�ions, ctn. #han thc prapvsed dislrict so us ta hcttcr buffer uses in tliia ncw dislrict from uses ia adjc�ining wni�g dislricts. The s�taff has pra�ar�! the atsacheJ ta61e summarizing some perlinent c�evelopment restriclions in a nurnber of axitiing City zo�ing districts to allaw comparison with tt�e pro�sccl RD pislrict, pinlydmi�s.ss � ���-� . �'�-• , ' . .....�, .�e ... , .. � ,. . . . ., .. e. _ . �T„�...w,,,*�, i . . .. r � m s. �' �;, � ..�� f r; �„ .� � i t'' t ;a,. r .��� ��J'�SY3 t� f"t r'.;L>� � � X �3�'� .((( ,,��z�'�.�;��,�. �+�µf� ���q . 3�; ?� 5�.�+�ri`' L� ��� ���tv,... . .•ir L� f�j'��jj<.�� ,; ^ `Yr �t 1�i., _ � {�� }t;� ;s j� t M ,,�����i �`:'.' ��`�p, ' y F' 1 C�.�' 1��=-r��:': � i��.•�� � j � •+ 4 , � j . � . b;i e � :�'� �'.� �` . f ,a ,. „� Y�� �� :� } y{ df: >' S '{ � '; �. ,� � r,�'� i'��. 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'.We��y�..9t�1���r��C`j;l�l�r��+ v �...l: f ::��".t ' ' �.!'L:';[:,:i', :' �'t 4' � t'�7 :-a' :}(i'�1�' . .i .� t�,����,�.,i:�.�,.;� ,. i `f: �, x:. ., �,4 , �#�• p y: w�,;,� ��. . " � {{� �a'.•4�"^ }'` `��`c : �,_: ' �,' �: ;,' a.."• y"ti. '° •r`' �a.�,r,F;'�te'{ � 1�"i�J�i+�` y`: � '�� � ;:.;°��: ,: :;.; �. :t ��SE�t ,�f.� CI.�ARWAT�R CITY COMMISSiOiV � _:�'=.���f��•k�. =��,� ��x' ;��.��,�, , i-k; `i:..:.�'ry�` .�, � 5- 5 .r.. �i . • rixJn:.��.',711'K�i• � T31'+. �: =' {:'. � � .� � .;:�: � Agenda Cover Memor�ndum ° i�om � .;�;�x�.�;���� �����'`� _�� ��� �-.,_, ;�'f�'��':,"" s:.; �.�� ' . �Qy,�11`A ��o� �� Moolfng O�lo: ��3"J' F ��,��,?�7,� h� ^ � �• ia�,..�,.;'����,'. �.�,,, E,,...r' �r��!�}���;1.`�,a ; �t�. ���,};'.,, '�'' .. >. �;' . �+:. �i'�' A {h "l:Sd't�. e . , :,z' L�..�Yt . �f .�' I''� ;71.,'�+i� �P •'�,5��.����1 ��tiv;�,;;`�.� � � N Iai.1A7�1:/4i i Alcahol.ic: ��verage Separation Distance Vari�.�aa,• 2Qi So. Gulfviaw Boulavard (Britt's Restauran�); Stanislaw Hudzinski., Owner. (AH 90-06j R�cvMrt�NnA�rzort: citiy commiss3on conti�ue �h3s varianc�, request unti� Se�tmeber 5��1991. [] And th3t ths apprap�rfr�e o�iicials ba authar�$ed to 4xocutw same. HACRaRdIIND: Triis item has b�en continued several timc�s due ta pend�.�g appea� aation. The Administrative Hear�ng OEficar'g determfnation relative to the last appeai. (appea2 of the denial o� �he pdrking variance) has no� been rece�ved. It ie recammended �hat �hi.s item be ccsntinued unti� the Septemi�er 5, 1991 Commission meeting �o a�low �he determinati.on ta be received and �eviewed by sta�f. RevlewQCE by; Legal � 9udgsl Purchasing �..._._ Aisk Mgrrfl.�_____.,___.__ DIS ACM Olher �'•t�S:'�t4; . � • • .,:.. r a. � �:;�_� `f' 't�-`�;.�, ' -� ' E. c^ , " . �. ,:. ,;i�'. . �i�, �•. � �!S�Y'[ i�� .c`,:�,'f�, , �`�� ./'1 :���;'�' i ;�� ; ;"� ,' � .�. �, •� :� , ` .� i:, ; . .;: ! ` • {. • . 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' ' . � • ' ' � ni�,'�F 'I;'V- -!' . ,I' • � , � � , , � , ' , '��,•r`. ��. .. , ' ��,', "i � ' . � . . . , , ' ri'„� ",.5� �';�1�'Yr•lY, .� � • .� , � . , • '.�,' 3 �, l, ' ' ' ��F�Yiil�:�.�1'ti,T?'�"'?{:i`r�t• .'f� , ' . � � 1�1� •rr � �+:�.'.�,`y..�. ri',.' ;'� `: :�� .. '. .. . . .. . . . �, � �.. "3 ' • y.; . . ,� . ..in .y . . . '. ° n • ��.• , ti ��, . , �y,��f,� �'�:,i��i, � ;"q".��%.S:'Sf'.[�"-. ,r �. .. ..�r?).:.,.�.F..... ..., �- .. . .. • _... • . . . r'� . ' ' � , . �.,... �� ,,�'.�u*i::n[;:��9t:c'ir'4v3C ' �`' ;�t,' �i :,}�.�`�i4'��`�aA. t.r': .7M:1:;:..: . r' i`,'; ;� ,)'i, :'�" ii��.:' '� ' 'r • . . . �A� .�i,'ie',�. , 'y' �. ' ' . - et �' '`: j•. , �1,;�i.t.,;� C�: .. ' � �'�� �� 7.� . et. h , ;I ; t: ° � ., S .. �,,,�_ , : .;w 11..,... . � , , .'.'.�,r � } : ,. � �� 4�� ���. CLEARWATER CITY COMMISSlO ;;�:!�� ���'�;,: =�i�t�;�`; � ' � � ,,�' ' , �,, ,., a ' ',, ,r,,;:' . �" :' a �. I , ' ,w.•. . � -. E' . ' , . � .;Y, �2 E i�... ..,f:�sl�::ri` �`.:«��'y 7. , �z� : � �, -- _ 4 Ag�nda Cover M�morandum � ��am � e, ,, . .�_-�� �� � �� ,�; f �� . . '�9�,` �= 04 Moolln Daln, '�i �,�,..e.,�.'1, , :,r; ; ,. : I. �J ,�•''� I ,,' ��; ,',`'! . . �rEA;;�a g '�;,,='+'1�°;'"�' `�r�;�'r�'�-,. ,.. , : a•'� ' . `�.>��.��: :y�:;.r. . , . ' t�'��t:.� t��`.�'�• �:��3���t c�'i': ' f.s:/ 4� ' .� , ,. . SUa►T�'iC�: j�,'a.,=.+.,_�`�,�t„_`r,:lZ�Kp��`,�Y: . ' - S ' �' •'.,-;',i J ��� „3° '. ';; ' . � . ''�� � . Alcoholio He rag p � n ; Y i g 't° �� ��:: ;,, ��;�"�� .. ��;�; ve e Dis�anc� 3e arat o Variance 7 Rockawa Street Pan uin ii,7;<:7{��.i; r,. ;4��5�. �I . �.4;; .., . � Palace} ; Charles Alexiou, Owner. (AB 91�15j �}t''?���i��`��'q������'�����.����� �,� �"�., :�,.:r��� � ..���:� , ,�'t; �,� 4'.i`iYi';�s:rll�:s�". s t '�� i `. ! . ijsr� !_��`„����^��% i •,`y �, ,,; , . 'r' , , , � �.� L:,;n1� �w :c�'i;��r Y i�� y }{.. �.;. • � ;' :r;� `, 's� ��.+'�,�<:r+';(¢:�4���:',�*'� ."�r� '�' ; .}, _.;�',..;'. ,1�.; , RECOMMEND�ITI�N: � ;;�Y:i�:;��{a�;r�,<���..���; n `'�- ��` `;r.�'��'-� ,�a� � °'� ; Cit Commiss�on a prove a varianca of 25a ft. from the mi.nimum di.sCancs �� '�����"•�'�'.��k ��'° ' ;�;v� : ;'.�`;';-r3,:•;- -,,�, . . �,,;,��;.,:5 Y p '� �,� "s�✓�.''� ' `�` " ;�;i�:`;�,�;f=.,4r:,�`;`�:� .��� ._,. ; �� requirements to allow alcoholia beverage sales zera ft. from a residential (CR '��rl;'�;,��'4�,�"�.�, ��+' : ;.�- �, ,,•'�� ; � - � ' � ',' ��':ii:�'•� •,.`:� - �o°s.�:: '.`.�'.'�� .'� 28) zane. �-;t:'x��13��� ��: ��a� ��". 4' �.:� 1`',:.'ia:: . 'i::t.;± ": �rKl 3 {� r °u�* t �}.' ',�_�y�. ; i.`:�.r�.�+�� - . :.�� .y.�p�,•%1� ;ft4 �Py }'�"" ��-`.' � ����.I�°' �� ti':� �,=.;f'. . ( � And tha� the appxo���,�te aitiaials bee aeatho�ised to exeau�a �atae. %�� :����,:��e �''�;�:-; � ��•�:.'j,?:�. •; :.,>�.'. i:x.s���.a-�`� M�('���,,, : . r�k��� ��'• �.a•Y'; • .s : � ; � *..,r:. � . r, � �r :11�'.t} �; � � ',�. �;; ,'t . �-,.� `'' � � � 'E '!'f HACKGROUND : , yz� ���i�'`�`i�'k=#� r'�" ,� . �• �� -;;;:"� "3'.�•'�'�';�=��`: �� , Ti�is item was continu�d from the Ju1y 18, 1991 City Commission meeting. , f�,�y`� ��,•�#�1����� �tJ'' -.�;i •i1 _ �:i�'� t;a�,.:. ,:'`. '., .tr1t�'�,^'��i�qk��.T,� �r�t- ', ``'��,�r:f,y;:t:i�::`::1`�•: � `''i�..:': :�Yy�,��}�} d� ,�ii ��':J yt, �7 .�Cir'�i•.i.:i .«���r�+�..� •'Vt`� ri.•i{• Y'(.C���f'�f.:�y:� ] =;�: ;��,,;; :,,�Yr. ;t ; :,: .;.>'.�:•;: � ''.!°'.: �:: � This is a� request for an alcohalic beverage s�paration d�.s�ance varianae �ar �r.. �r� _ �F:: `r.w =�'i'�' w`=~ '� 4--COP--SRX establishment known as � e e s e '��� � h� , ��: 'r':':.,,{,��'�;��`,:A- �'.�. ,.,:r. h Pengua.n Pa].aae. Th ub� at praperty is '�'s�t�:�4,�s �'�` �� ��` `�;�' :;s���s�:� ���` ',��� "'`�t'�`i located i,n the CR-zs zoni.ng district, which automatiaa].ly eStablishes a �;��3�;�i;�=��, �" �?��"� � �.�: <` `,• -';�� ;�,�;;'.;"''".'• .,'�`' o se t .r.'�-�r��.�'�' �� ����''� � t,. 4,.�.:_,�,Q;� ,�:•., �. ��� �;;:: xequirement � r paara a.on variance since the CR-28 district is regarded as a � ��� �`� q i i.„ . a, ... , r � .� r! ;', . ; j.' ` d3 t ilt(i �'k�"f. gt�� � �i��' ! . v-�. :1v,,;c• �' :r��k�. ,��..��„�� � �'� i.,''f�''�t1Jpr��� �=�� �-.�3;.; ��:.t:�.;F-� �=,• �,�,�r ,: � r�sidential district and alcoholic beverage uses are r�quired to be �epara�ed fS rl�J %ay ;�:.,; �� a �=,� .. �'l�� .� S': . �,t; .. : ,�4; : �Y � � yf'4�?� y�f �.,C. S �� �h:l •� � :'�,�1..,' '�,'s�._,,.,,.;; fram residentia� districts. + �t;k��,�} ��sa��;�- � . � �:,'r:�;} '( � %^ ti�`t'',�}�e'�.r'�s.�"1•'Y, ':t.^•'M1�« i.�t1�.��1.:h������,5�1: 7��,.i. �` ,[, � " `� Sx,. ; ' 1: e+• rti �"i'1:1• ,�',���c_�i��:.>_ ,:.F' ;;°:-_'���_;;� On A�il 2 1991. �he P1annin a �.}�;f�;;s;;fi;�{.�`�r.:k��`�> , ;,.F,:::`:=:,'::sN•,:.�,:, ;;; ,,.,�:�'::' p ► g nd 2oning Board gran�ed a canditianal use permit ,};�-�,�Y��'r���:�;: �"��;�'��`.'�� �;�: c-- ��=y`�����. ��'r�°`� "�, •. to al�ow an ownership change for the establishment, as well as to permit �y-��•'�'�f�»�°k-;'� �"��r� ' '' 3 1:>>`'�� ...,;,�.�.t• '..t . '� ;�,, :�.r�FZ{r5f�a,a+ `�n���'r' ' ';�.�".�;.;r:�,;:�,..;�.`:��:+-�,; ��•��°.�;?'.�,-•�.• expansion o� the outdoor seating area loaated on the west side of the property ;T��j�{.=k�:�����!y���:3,i��= i .N,:�•f�'ti�'i°�:q�'�'����.k�:€�, �' .f,.:i • „ii? r;!^°7.t-'r��.�Y�7%� 5+��k'::r. =Y"-:'��,��.;=,�,E.�=c.,;:.,��r,�:�.-_-.�.;-:�.;,r?:;: The approval was subj�ct to the fo11awing condi�ions: �.) The xequi.site �`�pi:�:?' x���s�i�.y:;: a "3�cS��} r:"i.� .�k� � .�'r:• �si_�.",�:i�Tl'F. !. i,�`71 it' �-c�':;5�;� ��` , {��.4 � ; ; ' . �' � �. � occupational license sha�. � be ob�ained wi.thi.n one year �rom the dat� of the ��n':.=.� �- :��,`•,;f.�� �� �''s � .; ; ,�,,- ..,�, , ?:�,ua�� .L.',.�,h�'s- E,�a j i,tF:•'�..,•'+,,,�:: ��'tr"9'i �;"I�t�' '+ i'�t' ��` ��'`+;;;�;`_?:��r;r";;;t,: •�;..�-'� �,: public hearing; 2) The applican� shall abtain the requa.red vari.ances from the �`��i;�:�������,,,�. �'�' ���� .,� 5 ;-.{�.i V , . � :..; 9 i�.i' � 'i ����`��! v `r': YSe� ,�: .h +i'�it's! �s� °��w � � _ . �:,1: ���-,� zF; ; �:,�-.;; •�.�,°:, '; Develo ment Code Ad ustmen� Boa d '`�;"� �'�'+t � n�� �,�� ;`. ,�,: f°. ,. p j r; 3} Th� applicant shali obta.in the required '^;;: �•,��< r,��.•r� + '� :�'.• ,.n'ii.� .- i^.:.i+�,,,, a.t. {/ti•� . � �.;r=`' �{�,�,;,';s"�,�;,,;,r;���;'-,Y;.�s�� variances from �he Ci�y Commzssion; and �) The applicant shall obtain �he ����r'!?��:;`��°x;�',^�x�;;-!�' ' � � �; �l��q , `,�'��'?';�;��;{,� w•;'�,"�r"`::�;h;�,�r�;�'.�:���`, requzsa.te permi.ts from the state Depa�tment r�f Natu�al Resources. r�':�'���,jyr��1Y.L:�lYY•,�tL"�j�:,; Fi, :�:. �S . ..:1'�.', • E,". ��.�i, l:7'� � s�• �..., ���:: �. ,y`f ,'.�c•9!t t�. , 4 '#d".r. 5.:. �}''=3"'T: . �� �'Ff' Ki' `�.f r: �;� { . . �l�,�^ �{" - • '"'z.��4'{� i �'1 c �' t�:i `�: ,��'�� ; �"� t i:�.�••�:l �;��f •ik� k' ��'t�tiw, ��37�p t ':��` ��`'�a` ° ��;. �' t�" ,�:, F s.�� ':�i:� ! ._.. :.�; ,�-.i::�:�.�� Th� a iicant must a1.so obtain t e fo o es ~�-f:-� �� �x�:�r',=� � .,:f��q��r�,.,•,.��;�,�,;`�� ��',"':-���,i. ��,s PP , h ].�. wi.ng varianc fram the Develapman� �:� :���x,����, _� ��<<� �:.��� �'�•_'' :�'c,��3:;! � .:�s s � ` Code Adjus�ment Boaxd (ACAB) ;.-;�:;,"' � � r',:�;, '�. .-'_�:.:�t.�. ., _ ._,•. • H. _...t=���w=���?:�a.f.��;Y��;': 9 � .Jii a:';['�'r,iF3'r ,.z..; f�4 ,.s;e;:�. �:,,'�� �Y::��1}� �..*! '4 �) A variance of fifteen (15) teet ta permit a deck zero Peet from a �s�'.% street right af way; ;:;,� 2) A variance ot 55.5 �eet to p�rmit extension of a structure across the ►;<, caas�al construction control line (CCCL); and ,� 3j A variance of seven parking spaces �o permi� a t,338 sq. ft. deck. ��,��j; Reviewad by: Legal NA Budgat .� Purchasing � Fiisk Mgnti.� DiS _ ACM �R ��1 - - Olher�._ "r . Su�m ie �. , Glty anage► �� f Orlglnatirsg De PLIWVING & �EVf User Dept.: Advenlsed: oate: a / 5 / 91 Paper. C1W. TiR1�5 � Nnt reqWrod Af clad partls� � Noll!!ud ❑ Noi raqulrod Costa: .� � �� Tnlal �Cu�ronl FY Funcfln{� Sourca; �. � Ca{�I. Imp, I 1 Clparnlin4� I .1 A11,or Appraprlullnn Cada; Commisslan Aatlon: I.1 Ap�rovad I.N�Approvod wlcand{tEan� �� Uaniod I..�I Canlinuod to: AISMChmente: Varinnce Apnlicatf.on Conditiana}. 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'e �.� . � . . :' :a`'-' til,,.*rr�f•.,�! � l'f,se,yt' ...t ��'i; . �'i' '��•"�. ��' ' 9 � 1+•' *'S;lr: �� :i..-' ';•�•�%''' -��' � 'j� �{r' j �t<�n r< � .f , .r:S.•',�'pu!_�"{�(!le�� , r'� . ` �. t�� �. � s ' .'a..� � i ' s � u . . ,, ..yy� ,�,Jr ' .4 .h� rA f' . �'i,4� �:Y.lr.. .t is•':'Y�.�•�°..dlr. nr� , �� :d •t ��•• i.. � ��.�tiww�i��:5�'.u.....�.3...�f....�,.�r.,�i..s'f:::1f.�'.t�.�_. r.'.�'i: �.. . •'iit:�J:.�'rf�•':.:',..°.i-•tiS�.:�.�,:`: .."!`.. . ,.t:�'_ � .o� .�..ra..n..f:a.�.:1?L.`ie.u�i1^J��`'L��i.����1�� -.��.. ;r. li� ! �.;, .,�:� �° '.c_'i,� , ',1�At�id � t,. • r-r,'.;'�.',w.r,'.�_LF,':�:'��"�'r i, t `�'� .�'.{_�; , p- �� .. , . , � _;r�" ?'° '� '�' � . =;��;���::;:, ;=�;. ;:;-, . . ' .�; c.c. S/15/91 .F�:. ;'fiE� ., :;�� � ..: ��F, fi AH 9�-15 .. ',,:^ .�'.,, , ;.r:�`' :-�,. ;: . . Page 2 :�:}.,:._,;,:.:':z;,�..; ',,: '•%y� :f!;;;i,�s�`.��;i "' . y:c.}'�-,;}$ ;'� '.i��.=.:j: : • .'N ���(y(,��'� .�`• : 1 "��,� � - .i;�;iSY;:t�'/i �"{': e {,�: ,"s.. . � ,'>IY,��` . . ��,. . .l. �'r�'.�- ,'r•>``` On ,7uly il, �991, �he bevel.apmen� Code Adjustment Board (bCAB) denie@ an `''` ����.� y�` �`J'.'',� ��"`'��`:r;:` associa�ed vara�ancP (a variance o� 7 65 ft. io perm�t deck 7. 35 ft. �rom a rear � `Z �•_ �� ��'x r ��. �,��' . c 'j;�.. ;S� `� vf�-':1 �� "'=�::;'����.�,'•��`'�;�''°� :�,�' property line) and continued un�il �ts Auc}ust e, 1991 mee�ing the var3aric�s L'°'`.4,=`� ':�-������:5��`ti;s"��' � enumezated above. Th� staff will provide the Commiss3.an with a written report °;��.�;: •; �:F•!:' `:,`:;'`;�``. _,,;�.;'. an CAB s ta.an ncer ng th az r q (H T: The CL v xianc� �w;�� ::�°�,�, �,�:• ':,; ���. �•,•' '� D � ac co ni ese v iance e uests. O E CC a !�"� �`� ��� ''`"`'S�� '���� �� '� request wi.11 also require approval �xom the F�orida Department of Natural =•!�5 f �,�.� ��':,, ,;'f;,, �; i.r ; :° : : �.` : '�'�.�:s;-ya;.;�y�:�`..?�•� ��� c�'.��`�':`�F;'� Resources.} Staff ha� recommended denial o� the parking variance assaciated i?��.1',F�ff�1'��:.�:t'...=� a� �'�' "��Sr ;,.ti .�:; r �=; with the deak expansion - ��� r=?�y:'�' :�`'�:i;��V;�:..!: j�, ' : ; : ` ; ': �y,:: �' fs;`,;`.: .i •'�,,,'=;° '`','": f: S. L'. ;.`,3 ,.� �, : +t,,�.,. ,�Y� j 1 �", . :, �•f�:,-� a::,�.z` ;:b �:,,:�;';:_:;;;.;c;.�'��..' The ex�stinq deck has been the sub�ect of pratractad cade en�arcement action. "�,�"��'�``` �' ''• �"�' �'' "�' Mos� recen�ly, on January �, 1991, �he MuniCipal, Code EnFarcemen� Board {MCEB) i . � .� rj - „ .::.,�:�:=�r ..•,::..-,;}� :�•.;q�., ..� �:�.�.; `��'��'.j;�;,=;,'x�;=,:;',•�;;'`�'"• _:;r`� ",`= � heazd a code vio3�ation case inv�lvinq th� deck. The essence of the cade �.: _ ' `' _ .:.�c%.• � � ., w � �`�' _, •', :_';:i'.i� 4:�..��:` t�f'�� �' � 1i' ,�1 t , �'�.'. ti,�':F:�;; i�;'� �� '� ];:1 i 1�t�.i>3i /,s,e1•�. ��"��1��n` "���::'1+�' <.ct�;'� iy',�; ' ,,;,'r; t , , � ., .:;: .,.s,,:..,,. �Fi%: ,�"�'��'��-:{�;,�:���`: ;i�:�ti.�7}+�i;�i.,'?'��; ;:.l�i.� ��.l�v ln'�,,.'�s��� . . i' "�r . •,,h.�;�++'t �.1f �f i,}'•''.+' ''�'��• ; :�'��#"''���:'.�;` . __'2���$�°,.`'~V' :�?'�r. � .r� L�li{�s�;� � ' ;��F �-`.yf'�s'z' vio].ation zs that the exist�.ng deck is built west o£ the cCCL, over City righ�- oF-way, and ha� n�v�r received the necessary City permits Qr a Qepartment at Natural Resources perm�� far tYze d�ck's constxuctian. An affidavit ot' non-compliance was submitted tn the MCEH an April 11, �.991. The fir�e is being asse�sed at $100.00 per day. The app].icant has submitted an applicata.on tor permi� �o F],orida Depar�men�. o� Natura�. Resour.�Qs (Khalil, Rubaii, PE, is hand�.ing �he permitting process for the app�.icant.) Associa�ed wi�h this a�fidavit, a lzen o� $1.op.00 per day has been placed an the property, with the fine s�arting April 11, 1991 ((?R Book 7565, E�age 967). The MCEB provideti the applicant wi�h a 90 day periad �o comp�y with C�.ty and S�ate requirements. This separa�ion variance request a.s one of th� required appravals that �he appiican� must obtain irt order xo "3.egiti.mize'� the exist3.nq deak and a1.1.ow its expansxon. The appla,cant has been delayed in pursuing the requirsd approvaZs du� to one �roposed new• owner deca.ding to wi�hdraw hi.s o��er ta p�zxuhase the facili.ty. �he Planning and Zoning Hoard w��.1 consider a aonditional use permit for change in business ownership on Augus� Z3, �.991. The staf� wil�. provide the Commission wi�h a writ�en report nn the Board's actio� cancerning this condit�.onal use permi.� request. �;.�;;. .,�:�.w� Wi.thin 300 �t. of the subjec� establishment, only the Clearwater Seach Hote7. �`{:,�. sel�s alcohaZio beverages. 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I �,c:f�"� t .j a t. ik� ��':i�,{�:�r�t•'�.�tis?'t°• ��, ;��;:,' �� � � �`� �T �J:`tyS.i�.iYYF 3Tf �� •�-�•� .I r::i,��.l� _i... ;f1,_.�:.'r,�S. ..,!+�" t'1:. .. :I 2 -3°,`•}�:r�'�S:�r<.+�.,,. >,t._.�,:,;., 4,.�i- y r !�1:, i'�j f1 f�: 4,���a�t��• �i� �,! �.�...�' : .��•�'R': �� '�;':•'��:!' • .f'32�:'! �l �I .ty ' .s:�e1 ,�. ..,'t�. '+"'• Y' 1r i '1 r 5, ' w i�1E \ �T^i'S�.,:{, i �+S�.s �S"�� .•�.'::; � �571] .� tI': ' 1 ' '`';'�' s�����., : �:�, i.���,�r ' ;.�` ��r:: , :;, �,. , .r:'` ti.?'°;: r'; �•�':k.�.; � ��ii��1.{{j`i?i�F�i =�,;;,i-.; :` '<� t;;' '�.�..,{ � . � � �: • : . .^ : °r:,l�::.:':'��,`?, � .,a•:��r..��t'e, ,�t''J•' -a�;71` '�. -�..� -,",,t,,': s;, . ; �;:• �„ •� �};.�, �,_. -; . ,... ��i;'t•�,i�. i�,..t��>.':�'•, :: `.f;:3'�; ;�i: �% '� � "{.I.y �.. - i .'�;.rkt�'�{,y\:�N�. ��: ;�'•'e�r;�.i?�' 'L� � . . . . . . ... . �t. .. . . _. . �I .� : ��,- , � QF��,�T � � G S3 � �r m crr�r oF cr�zwA� � �,�. : ' 'Y � ° ' .::�•: ALCOHOLiC BEYT'-R.AGE S�S - MII�fIMUhi DiSTANC� VARIAIQCE APPL[CAT7QN s��;�3t �; ., �?' � (P�aasc Print ar Typc, Black Iak Only} A�����k;,r� „ � �'. . , �rs''. t►���o'' � rL. 'i'ItOPERTY OWf�'ERS NAIv� & ADDRFSS: •REPItESENT'ATNL'S (iI aay) NAME AND ADDRFSS. i�;r..�;,��` �,,;3���,;; .''•3`� .�� ,. (AttarbProo[Pcr Instnectioas} �; C.�'G (� �-'R.'^�}'� �"%C�e ���F.+ .�`�f�.�t,�;,�`'���*{�r��'�s���'; �/� 1 d �: ,1"'Y 5�;��J`��rv;,�kg;.. � ��rS'• _t �� 1 � �� ( � � � �trl ��!"� � � . • tr`�{' � ,`SS�, �''.� ; �(', I •��•'.* �;6:t f3r�: � ^,',t� ��� � � � �n .=.•'. �� ;�..1, i.S; - ,•'s:' �'� �,..?l� ..! e Y�i4I.�;;,:. i '' i'' �J.:.Sw's J FTc°C"�_ 1 I C � ��l��C"�" �Cr �� �- Ic:-C: G.IC[X.JI.,C_rti..� I �.�' .'°.4.t; :}:,� � r �,,1,3 .,� f '� �■r � .�.----- • r• i,; �:,;j� C'�tE,�*'iy�,+,�k4?�;}+'. �SC���CLL.I � C_J�C �1 �� Y �.�i�-..`3 ���-1t:� 1.�.��.�� � I�.�C�'�C.',t T ��... . I'•_�`•...r. }Y::i..�. �Fa�l,;, \ '� �•vi•'� : i�'�:''r ,�`K, � 34 N 30 -. �'��;':�.�, ,,�-; 3, � . �, .� `� ��rHOrr� #: (�r3) 4ta!' i'f Ob �xorrs �:f ��3) 44 �-.SL.�� � ; ' : '��, .�,<r;;, NAtviE O� iiL15WES5: �'1C1 ct ( c.� L. c •� �. ��' .'', y%,:.t',�,�� - "(' ' ;�;'"'�� �:; yR�� �t . �. ..Y' '':t"n� �-"• r: ': <fa.•. +' j!, �- ADDRESS �F PROPERTY (Subjcat of Rc:gucst): � �:r�C �,CC�.L��.�, �" ,; � �.�=>':�:'s?,'=;..n �.,*•:�i:.� ' ti �Y..'[i �.� 311.�' f �i 1 ��� �V4 �s �;!'������ l�'t.r�k��C � � � ; --�1.�--!' ��.���, i-�t� ta c,L^� c l�. F c._ 3 4(0 3 0 ',�'.��. .z:�i�;<}, •���F�;��t t� „ �:;s>�,,�i �s�����f�� ��,t.?�;�' � I..�GAi DFSCRIP'I70N Oi= PROPEiZTY (Subjcci of Rcyucst):�(``�' S-- -� �� F'� i(��1'5--- ---� ti i:�:.:v`',?����',� �„,�.�:�:�;'����r. � ,,,,. �„ i�1.,, 4i � i' y�r'�5��,�...,., �'�' ';3��'��.f".�� t,�t��'� ,��,. .1�� �, r . - a � �C -� .:�}�5�yj:avlt � ��,�,,,���� � .� :��_f;•„E;��"��s�:'�3�+�:ti��f��•. ZOMNG DLSTRiGT: CR - ? VARYANCE REQiJEST (Drsca�c/Bc SperificlArxach Addirional 8 1!� x Il inrh sheet if nceded): Variance of � feet from minisntun distance rcquircmcat to allaw alcoholic be�+ezage sales within -�" fcet'"' from (c3�,eci: ane or morc}: Ct�urch, Schaat, Hospital„ ✓ R�sidendal Zoue, Similarlv Lic;nced A1cAk�alic Beverage Est�b[is�mant {COP Lic�nsc}. 5tate �evnrage Lic:nsc Dcsi�atioa: y Ge. {7 S 2 X Holdcr of Statc Lic-nse: A CONDTTIONAL USE Al'PLtCATION �OR AI.COHQLIC EEV�._.RAGE SALES F�R THIS PROPE�+iY a'rSw APPROVED BY THE PLANNING & 7ANING BOARD �N y-�- 9! (DATE). OTHEFt VARIANCES (CHEC,� ONE}: ARE NOT NECESSARY, QR W�E APPROVED BY T_� DEVF1,OpME.*1'I' CDDE �D3USTNI�ENT �QARD ON {DATE}. i HAVE RF'�1D ORI7INAN� �20-�7 AND 5EGZTON I�"7.QL^•, CODE Or QRDINANCES OF 'TFiE QTY O� CLEARWATER. RFAS{7N FOR VARIANC� REQLtE,ST - in orrier tor LElC Cl[y COmrriiccip� [p m�I;G [hL da[�:miaation presc-ioed b}' Ordiaance �2Ei-S7, thc foElowia� s[ataaicats MUST be compietc� '�:+:^' :i'� .:'•�r'::`',�.��'��;.;�' 1. Thcre are special enouiuo�s or circu�stancas appiicable to [he prancrry iuvolvcd besaus�:�iJ �' �.r �J�,§:,'��lti`i° '���:�,"-'1.1:�j.:. -- ".��� l S t�)�, ;rt'�'.e�w�''1`'r`�..1. � .1 �.�� � 7� � Cn E� (1 G� i[ 1� C .�` ����� ; i ' L; ,_: 7L .;: i .-� �`�i,�'t,��,� :r:',•P Y;�i�s•,jj;� � � � •J ' ' '��la�;���� �;��-���': �`f 3. S�rh.vsiauce,is uz�ssary ior �}x� r:senaciau and en'o ent of a suastanria! ro -r � rir_at DSSCSSC� F]1' a[hc: ro -.:� �� � ; � ,..2 �.�'� P J }'� P P- �} P � �-. '�'�. ��t�-� e1'�i�±:;�: in [�e same aisuici undcr t3�c t�r.�s af chis ordinaacr. ancf deaiacf to t$e uroocny in auestion ba�use: Yd �r � �, �,�� n'''s��, : ��;;r�� _ , `�� j� �iyEx���k,,:�;,�g..y3,,P.s • ., r „ � `��� t +� �.tr;�„ I + � C C, '%� � 1'� L i� ` �..� 1 � �' L i !.� t'� � � � 5 � i , �� ��,��t�`3t��,�� j� l. 7 i�1C S S �"���' �� L'C S �� ��.0 �-�c• I r C �CL`t..i'.-� ct � c ct E es . t�:�:' ,��,�����,�;^S �. Th= �aas,izs� ai :n�s varixacr. will nrt cani�: uy spceial rrivilcec d�nied to otha: Lnds, suuctt:r:s. a: du�clliags i: _. '�,� ' 6�� K� Saax� di5�ic: �nd u'S� naE b� i.i�'lotu IQ :.C: n:i2IIbo:IIOaC. or othCrwis= d�» T�_ w��t;.-� �s __��. E!3`s `�?�`:;S3R��'�trs` .mCAL?.1 iD �L1GSlC �=r.1115�: '"�'i L! �� � � �. L C., 1' � G� t 1�. c` c• �" '� -r- 11 � Cr G. �:�1�7'�d1 �.: 1�=� � Y� CC t'1 ��1.t � �1_ �`!'1 1[„'*- s���.�t . 4 r i� �'�',� ! t�� L f' j1�= 5i1C u� a^ _' IZ�.r'ti15t= i t�� =" G: _. ��.c ;� '1 E. � ��c�C +' , SIGNATURE OF PftOPEFt7'1' OWNER ("OA iLEPRESE.�TA'x'!VE): Y�C• :� �� r � /� � � � �r.t�:� �� :�,: unu�:sers�� at:�a:in�. �ersoaali.� a�+paar�;: � Y/~! :.' 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' ;q.4•�'� ^���. �.;�., r;`� ';� '��'1�,`r; -Y:�`';:?:�`�,' •'�� rf:'..'?' �,' •t�=% .'i'. 4`' �:e� j`��,��. e�.^•►r, :���_' �l'��•`,[��`r�l,�,j:'.5l. � :r�, �,,� .•:. � i!i ; .,��;, .. , �';�':�'•�"�` Y,i;:. �;, '. !�,ihL��'.pi��'�'A, �•�,'J,1 ° r . w�;���j`�� �k'i.,� r����;. _.��• .� . ,�r;�1} , -'"';;'. "t �1:. ^kJ.�'{r�y�i";�°l.S,' ` ,- , � lr ,;`� ��', r-�,�;.i9���Y:si�:+�'C'R.:.�::-5 ,'.: i.:7rs��,�'•p�ir�.��; .,�1. . tV, , ';�i`",i'��i�• ' ,7'��9 �';' ,r, . ,R '::i�'i?,:.•--;; �, � ti?. a fr,��. ? i'; ; ;, � %�:� : •,, xt: ;., .;'� . .�1�.,�, �;�,;;;%:, ! : i`;4 r'.. r ^'�i! , •j.n`� p:.° ".'t;`c^ ya1:i9.�„"�'•, ,��i:. ..,e �, .�;r:.'•'t ;i',., ;, :: ' i'�:s'.� �y�:r . •'t:�r`.i;+ ��',;t� ,:d . �,; :i., : > y''�`-0 j�,:: ��s��'.' :•: �:r;.:'. �� � `s.: ;.± �; '' y t; ;�;.; �:�' y :;.w' :�.�;�� �; •>,� �;�'.�; ' .,`��.�,�:� . , .::i..S? .:i���41,�.i�;r:�+4r;%cti.�. �. „ � ' . ��`"•.�, � • , , •� � ALrCOI�Oi.IC BEVER,J�GE S,"�L1�.S MWIIviUM D[STANCE YARS.ANC� APPLICA'IION Page 2 - i-� � A�*�' ;'iA; 1 hnr�by nffirm that 1 am applying for a vnriancc for property ndcirtssed as follows �� �CC• GrC Q,,1�t,.►�� �; —C.'����. n r � ��a -�-�' �._ L.�c c� ['1 -`� .3{fla 3 0 � � � . frnna thc ciistasscc requirement to be henrd by thc City (:omraission, �nd havc pa.id the app�icatioa fce acr.ording to [he curreat schcdule of Ices, which will he used tQ a(tact the costs to thc City o[ Clearwater (or adveztizi.ag pu�lle hcrring natices und o[her expcnses. Tiiis appGtatipn is being Fsled prior lp a dcc�iou bcing readtred by tl�o Planniag su�d Zoning 8oard on a Candidonal Use requcst fnr the same property. Hy siguing this form I�m acknawledging that, should the Plssuiing anc! Zoning Hoard dcny the raqucs[ !ar Condi[ioaul Use, or �hould t4�e Plan.ning and Zoning Haard graac the request aad t6e decision be nppeal�d to the 5tate Hexriag O�cer thc variance appGcaavo will bc rompved t�om the Ciry Cammission Agenda aacE the appGratioo fce wi31 uo� bc rcfunded. Also, s6ould the Planuing and Zouing Baard continuc a dccisioA oa the Condi�oaal Usc requcst nccrssita[ing additivnal advertisun,,, 1 will bcar tk�c addiuonal advertisissg costs. � Furthcsmose, s�auld s.4y� dscision of �n �'ianning auci Zc»ning Board be appaaled to th_ 5tate Hea:ing OffiG.r, i anderstand tht variFSnca appfication will bc nn hold pendin5 t6r, Haaring Officer's dacision and, dependiug on ihat derision, I will tithex be liable far additional advcrtising casts or will forfcit my applica[ioa fea. 0 AppEi�ant's Sigaatwc ' 5worn ta and svbsrrib�d before me this /� �y of „_, A.D., 1�. - � 7 � ' ,�.!=� � r.tE 4F FloRiaA No[an� Punlic t Y,GI1�i�'.h`.SiU� 5%P. p�liS.�UHO � . „^�i�EC� 4HRU uxNERAI. ! . a • r r . r • w • � • . • r . w • . . s i � a a � VARIANC� INSTRUCTlONS annucstioa and_5u�nvssion R�auir�ment5: _. T�� appIic�unn ��:s; ba iulv caaptcc_e�, sicncd by tfo� propem ownc: {or a::,DT�SCII[aC3VC Of CE]� ouna;), :ad �a�ariz-.d. .-,n� �nniicadon sirs=d bv a r�r-.sentativc of rii_ owner �sust bc suaci:.m-attd br a powe: �i artaraav or ao�r.:-d s�at�n:.�s :: om zh� oume: aucnoTL'�A�' ra�:=ssntau��e. Praoi ai pron_rn• ow�ners�ir �us: o� atracasc :o: _n aooli�rio� ta ee canside: �w comniece. .�c�auatc �rao: 5��31 �o�sis; G a�t 8! I�= :O��WiII�''.' . . . . _. . : G7D� Oi :�C G�..... . .� �ap�' D� SUt :aSS""•.nC�. _.= tCii� ::Om � a:aCiiCaQ aiio ��': �pn!ir.-linr :.:-�gC:^.' 0►«C:S.:IL. �. � at apniir�uou snail � tucc �t ;.ac om� oi :�= i�cve�ogra=a: �a�e .�.�::.::s� atc: -�t :�.� :s�� a: : j1�,t. �!4� 51alj I7L 7alC sc�:eiuC (e :.�t �iL:cat S:.�eQ1le oI fC=S • 'ti7Y SL•�;l�m""'�t�'�• r1p:IR.iLlOt �1D1Li. 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U.' t- r:. i '..'.....G,'Mn!.� iLi^�ii ."�i��i.e!► � }„ ., �v '�' �? iJN �'. � ibf 4��: •� k: t�:7 ��ti.�' Y'�Z":�y�I��H,,�y;.�i�e' �J:� S ��•.;j5 ''tr1 .�.:1tt����1�:�.}la'-'�2'�ry, �,� �!�`_�:�:ii''•;t�,. 'S� �,�, F� . •y-�'.�;i �,'e%���,.'"�'��+ ��''-.s� i ii:�' ..�.�.,yw. ��C���.� ! .'�o. . ;� �*tf�.�P(�9;,�, a i 1 :�F.:�i:�iE�'� �.t"'i"' 1`.l:R � ?�'�x�J �I'yx�i� y���'f�ti' - -.:':s •.... . ' ' .�- :. ,'�' ^ � . j :+��Cik.'S.�"��:aasi� ' r..�.�12. ., i ��.,i' i �•, t'F' t "' -,F:. . J 1�. :� �•'R,iy:,�,i,��,'�p�� s�+�;n.•t,., �. �! �.l'r� :oti: :��i..�.i1:, ., r . � 5�} Fv;'y�[' X .;�- .' ;; .;���.,:, r , �.s � ' � � '�'�'��i�'��',�'���;�`'`�'�„�'�t�`�?•` ,_�''�:?::;"�.�_.::: '� �'"S' S` �` n'�"��� �;��`'�,�:`�,.: �, • t.. �' CiTY OF CI.�ARWA7'ER ��'�`��jz� ��, . `�,�.:�• � y�� :c `':�`�'��:�'_,`''•'� :�.���� .-,°. It�T�RO��'ICE M��fQRANDUM s � �� ��r� "�: r,:�f?"'� �''j ' • � . , �_sr� St'?' . •" • � .� 1� k'���1.�' -r." '_l���i' ` 11J ; r = �! . ' ` _, u }�`:��.'°�'p•'' . •�{ �' +'`,• . �• ���� �F(r�•ai•:rii•���1,(•`'�t,�IF,•I}`.�,�� ��• I'IY Of and Commissioners A yr ,�,.;, •:' i�:� � ;�. � ', � � ,�;: Y , � ' f: i����`]�3' f :� : r y ,jy,�� l... •� �� •4. ".�L�" :'i . : �n `;�:�;�'};:�.:'S�;,f �: 4' „ From: Cynth�a E. �oudeau� City Cier " �,�`.� :- . ��� ��.�� � F• _ , � y� . , ` . �k� ,� • . �. 4 . 4+ �'I - i' . �r; l. � ��°��{�� . CQp7@5: Michaei J. Wright, City Manager Mtlt4n A. Galhraith, Jr.� City Attarney Jim Paiat�y, Planning and Dev�Iopment Director 5�bject: Penguin Palace Alcaholic B�verage Separa�ion Distan�e Variance The recards have been researc?ted to defiermine what partior� of the estahiish�nen� known as Penguin Paiace wiIl be impact�d by Camnission actian on the pending alcoholTC 6everage se�aration d7stance variance request. An alcoholic beverage separa�iot� distar�ce variance was appraved by �he City Commissian on �over�ber 17, 1988 to aIiow the on prem7ses c�nsumptian ofi beer, wine, and liq�ior within fl feet of a�esiden�iai zone� at tt�is establishment. i'hat variance included at �east a portian o� the deck as i� exists today. As varianc�s go wzth the iana and not �he business owner tha� variance is still in effect. The request currentiy be�ore the Commiss�an addresses only that portian af the deck that may have been added since f�avemher I7, 1988. As the dec}c has he�n canstructed a�d expa�ded withaut permits, it is difficult ta d�tertnine what was t�e size of the deck an that date. 7herefore� shauld be Cn�mission decide to approve thzs request� st�ff r�eguests tk+e curre�t size of �he deck (972 sq. ft.j be specified in the mation to grant. 5taf� further recammends approvai alsa be conditioned upon �he ap�licants rece�vi�g the necessary state permits for the pnrtion of the deck seaward af the Caastal Canstruction Control Line. I � . � ' _' .- .• . i 1M.. . ' n ; � �. , � ,,. ��. �I 3 ' F r� � � ��_ � ,� ',�}yF�:���'47�."ff:�+:5n� .�k�,.��.1`Y�,.�A!'�t�{�}�b..x .. ^. . f' . .e�.,��.\e � at. if� • ��xM. .r; .I.'I`�?.n.�.{r�'►���y�� C� A � .+. ♦ t ; , �' ' P . i � . . . . . • , . ' ' ' . . . , . • . � ' . � � . . 'i (" ��'l•�.. 1� �Y�._�� �' ` �'� ...ki' . �� . 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'"�� �ti � }•:?,�i °Y`y; S ; � .' _ '.� �' 4 , � 4� �: M�,yor and City Comartission � a�,��.��::;Y=; 4;�.. : a;j', ; : . � , .f ;% " ��� 1".� �:::.r f;,1...�. � ,� , . ,'. � � �.�.z��i;�5";'i;,"' �:.,S�F�,:� .' .;. �,:' FROM: James M.I'oZstty, Jr., D'uectaraf PIanniseg and Dcvelopm�nt `� � . . ' rj�'_�[ �:Y,�:• _'�� ,,li,' r:��i i�,L�r�n(.4'Ss,.r.x�' :i.;{ . �yY�,�;��::'��+,`i�'" �r;zati:,�;� ,`s'�, �`;�•-.': ;�!,, SUBIEG'i': Penguin P�14cc AZcoholic �ievcruge 5epuradon Disianc;c Variance . ��•,����;. ;� ;.•,-.', r�r:,. { :.;:::�ii;''�;'; ' , s.�F�;C:�:'?t�*'"�'. i��.�r �:� .., ,,,� � '; , ,yf,,�;,;° ..���, � '' `'' ` OOPIES: ,�,:i,�:..�° '�,.,_� �i���;,�-. ,._,�., �;. . , ; � • Michaei Wribht, City Mana�er s;;.i~':����"<u,,. �•�f .:r..;�::.'!i'���'�, .:` � � . :.`� . }-° ., i.:.`y`x�i� ,�, s. ���,',ts?; � '..����r'�' .'..�����«{'�.°a�'F-' � , :1.�5 e1 ' F;i t,�., �5 ' iaF.: .Y": f'' :'. •;'.�';. �':',r:).�xR,�{ f�.'':� z�`r:rs,��!�..;�,n,,.• DATE: Augusl 14, I991 ry w-, s . ,',�, �a ;. ' � .,.'r,n' - : ll.-i:;�!: :,'�aj ,� ' tre.::"�'t. f.�� ��:'. . r'.1 :j�r:�'�E: r� ,Li iuf�n%4r�;;:r�;,.� ���t ST�'�i7I�}._ �'3.31:.5'�:"��5:_a. ... '1 :,�_ �r�r,.'�:_ .,�.?'�as�;-r,,; ;• ;�', <:c;rrs���€�:1: P� ;�;�'�� �^3fr:,�: =. . y "''°'"�'� �ii�! �; �'L i` �i - "J_J „ 5. .e� �: z� :i�;:..",i�%i �? :` t' � ;' . �'.1' � �{�'a a. : i �:�:%�"}�%.�;�'�`��. i� �..�; ;�.11 : ,. .l'�'s,'�r��r� }`�r� _° i`e � ;�,?r-�.�:� ;?� i:' .;���``.1 r:~V,4;.'f[��• „� �f I:1., �^t� � ��>S � 1�� 1' �. .!':_..1..`J. .. t,> �:;� �..•r,r:;...:r.�•.�-� At'its mcctis� o[ Au ' �� ��., g �st 13, 1941 tt�c Planrring aad Zoning Board unanimously appmved thc tran:sfcr of i; :9 ira.�9i ,�':;%, :� ;1,,,��;_.��:,r_,:.,� .� business ownership conditional use permit auociated with tha abnvc rcfecanced variancc rcquest, subjed '�` �;� ,°:•; t�� `r z: ��� •'f• ta lhe following conditioas: 1} The applicant s6al! nbtain thc rcquisite occupational liccase withia nine (4) �. ,�•�s.t'�"=Y:��:.:;: ,: �.`y: . tt'�r. ...,,��'.�;;;•,:=.':4`•:. mont6s frnm thc date cf this �ublic hearing; and 2) The applicant shell obtain the requisiie alcoijoiic `_�' ;,�, ��,� �:��;� �� '�'�' bevcrago scparation varianee from the Ciry Cnmm�«inn, `,.�'`y`.�ti '� ,',3'yin� If t s Y.R', . ;:��r� T`-'+�:;i ;��`f�L3 City sta[f has beau nots�cd that the applicant has app[icd for tha appropriate permits from Departmcnt of ��,j_�: ;;;: �2:. 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Polatty, Jr., Dircctar ot Pias�ning nnd Davclapmcnl � �u���; i'cnguin Paluce Alcoholic Bevcrage 5cparntion Distasue `larianc� CUPlL�S• M'ichnei Wright, City Mannger � Katl�y Ricc, Deputy Cily Manpger DATE: August 12, 1991 ' On August 8, 1991, the Davetopincnt Codc Adjustmenl Doaxd {D.C.A.B.}granted lhe fal�owing variancr•s for the Pengui�i P�lace: . 1) A vAriancc o[ 55.5 feet lo parmit a decic 5eaward vt t4�c coaslal constsuctiaa caatrol �inc; 2) A varinncc oC 15 [cet to �ermit a ciccic zcro [ect from a atrcat right-o[-wa�, and 3) A varinnce oF 5 pnrkin� spaccs lo peraut a 472 sq. ft. dcck as indic�ted an Lt1G 6U[VCy �regared by Michacl Daiccr Associatcs dated 7/3119L Thesc varianres wcro grAntcd su�jcct tn the [ollawin� canditions: 1) The Applicmnt shall obtain ihc requite ulcohalic btverrge sepuradon distt+nce varinttce from tl�c City Commission; and 2) Tlic ap�licant shal! obtnin all ncccssary permits within 9 moatha fram the dute of tlais public hcaring. 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"� ' . . . . . . , . ' ' , `.I' t '.�I r `�;t. 'S . . . , . i.'. ' �}�� . " �. 7. : �. � °• . . , . ' S � � ' ' � , ' ' . . ' ' �` � ` r'�. � ' � ��,. •'t.� , . t , . ,' � ' ' . � . � " �•� �, . ��k' {�.. . � ' t , , . ' ��; .'.t-...� . � � ' . , • , � , ' . 'i . . .� � � . -+. , ' � . � � .. , �. . 't • '. '� . , �. ' . ' � ' � ' . � ,ri �i '.i2:,.l;iit:' . . ' . �, . . �#'4+,''�.y:;:�i.k^rf:l'.'�:;zw,:.`'::%:. .,c•!;-�; ��c.. ...�.f:. ��.� ..,�'.�. ;��. � . ., , „ . i � � ' �_ � � ; ' , � j . . � � ' . � � . . . �'�i.� t:^.'do :`�aie'.�t'�ii . _ .+ , • �'; � '��� � � '�.j ��S��t f�; CLEARWATEH CITY C�MMISSlON � � • �_ � � '� � �� �: � ' � � �. a Agenda Cover Memorandum � Ilam N ,� 's ' .. , .. �9� = ``o� � Moalinfl �ato• 8/7,�a/91 , . �srE�,; 1 . � ., �i�'� ' • . ..�. . f, .. " . . . : .: s; ��• ��;:: ,��,-:: `'. ' BUHJECT: - ,.;i"'• •c �:�� ' ' �:��. ��� '�'`-''.� �;��`. •�•�. �'� ..• Alcoholic Beverage Distance Separatian Variance; 18443 and 18449 U. S. 19 Nor�h; "' ':x��'� � � �� � � .-, (S�inger�s) Home Shopp�ng Network Realty, Inc., owner. (AB 91�-1.7) ��- � ,:�: �.a . �,= . :, �,.� ' .`;� " RECOMMEHDA.TION ��tkE "�`;.;� �`� i'' �.; Gity �ammission approve a variance Qf 200 ft. €rom the minimum separation �`�-5-��:����:��:� '� distance x�quirements to allow alcoholic beverac�e sales zero ft. fr�m a � '�. ` �.� � ' ! similarly licensed establishmen�. �,i.,'nr..���+�1•,,��� ��'Y..t'=�. '��k `.��. � ,'r :;' :�,�,:�, ' 1 [ ] A�d tbat the appropsi.a�e o�f iaim�s be authorixsd to exeaute sa�ne. f .., ;:��(:���.� . .;;�r`.'�` • . ,. HACKGROQND: ._ .,_ �'�' �-��'•��t-"�� `��' '� '�:- �� ��� � The app].icant is requesti.ng an alcohol.ic beverage separa�ion dis�ance variance ��:�:°��'` �`�;�`, ,��� °'.;;r ;,, '�.,, for a naw 4-COP alcoho�ic beverage license designatian which pex�mits on •-�'• ���"��`..:�� :: '� •�.� premises consumption of beer, wine and liquor. The proposed estab].i.shment is ?- ��'f�}� '';.°`�'��'���'-:_';�:,����� -�E}';'� >�.� a nightclub (Stingers) to be �ocatied at z8443 and 18449 U.S.3.9 Narth at the � :�: .,',;F:^,.t{ .;��:.� ._ . � PP g g pp , -��.�;_'.r:,,�,,,;, ,,;;;,;;��,•; ;�.� Grant s Plaza 5ho in Cen�er. Accordin �o the a licant the proposed club �'���� ` �' wiZl be an upsca�.e dance c].ub catering ta the social needs of people i,n their , . . .. : �: ;: �:,�,� -,. ��-., �, '�`�:;;.4�'"' �~41�;;j4t��k�:� ����`� �� `� �.a�e 20's �o early 50 � s. The applicant also plans �o provide some �, .�w;..:,;_;- _. .: ... __ ..,. ;:,;,_i,.,�,�f,,_;,r;.',,,,;,.,�.,�::,�;�'.,,,;m" entertainment an the premises tha� will comprise af recorded musi.c videos and :-��,�,:.�:� �;1;,.,;..s��;;�t•� :�°;`=.��-� live band with musicians and vocaZists. Th� app].icant pr�viously had requested ?���'��'"��;��'S�:=. ��"�„ ��� �`�:,�: �• �� a site plan modification and alcahalic be•s�rage separation variance ta locate ;��'� �;:�;`�;f; ;�������;�` �,°+ �4'_ this establishment in the J�rsey Jim Towers Shopping cen�er. �=;;� :,'ri-t :. ' *'S:`�, :; �,:'_ ' � �:;,`r �.t';�' ,te.F, : 4`` �:4', . ,�,' ° �;;: �r>;�:.=�•;:��� The property zs wi�hin an area presently zoned cC (Commercial CentQr) . The ••:.�._��F..,';",.�: �;��;' ..'�-.. ..,,- .., ��,. ,:,�;r.,,�;,;_�..v;; _.., .. .�,:;;-•; ��'.; proposed �s�ablishment will use an indoor sea�ing capacity o� 200 seats with ..��Fi'-�i��..�i��..'�nit4i..•`r ..S£t'! "•.7,�,'� ,;.; ..,.. :;. ��• .:. ." no outdaor seating. A balaony with 4, 500 sq. f�. in�era.a� flaar area is a�.so ;,�;�,�;5::��;�:'�;.`{=,':z'.`AY�,�" �y� �'r: �;:; �r" pzoposed thereby bringing the �o�al i,n�erior floar azea for this establishmen� ;:-�f.��'`r ,-���;;F��;?,;;�'�2��`'' ';�; ta ].�., 43o sq, f�. The all.owable sea�i.ng capacity is 200 seats as e ,:... ..;:�... ;,.� - d termined :F���'°`y<-�;+•��;���� �;�=' ��.i:- by the Fire Marsha],. �'he shoppfng center is set back considerahly from U.5.1,9 �v:' . r" �i'C:':r!i'' :°,<+�.`f ��':'; ; [ �}t �l1..`l' :4.' � r.1 t� �i ��' '+' ' Ct.-� �,�Yyi i�'� _�•.;.,�,;•.•�,:; ;�, ,��.,:::°� North and th�re are adequate parking spaces in �h� shapping cen�er. The i°��?.i��-r;y;�:�`���;�;=��'•�';��"f"�,`"%� applicant intends ta shaze the existing parking spaces in the shoppi.ng center. � . _°...�. ��•_ ,, :f..'�'."i '{K"� ��'•i �.' r���� ' ,':' , w� ' rJ��yl a iG �•„ {' i' � .t.�qY -� f � �.`,k ?��:1_t.+t j,l, , • �'. .'� �'�it •.�t.'�4'. :=�,_'= 1r,Y . �'�:#'� jya'� ��:�R���• ���;�, zj. -_...;�., :: The proposed hours oF op�ratinn are 1Z : 00 nodn to 2: QO �. m. Mondays through ��c �' �s x � .;iti��i;�: C• .fi��,wu �J��1 t,��`y,1�..,..�.�,;;:;_��'��. Saturdays and 1.:00 p.m. to 2:00 a.m. on Sundays. � 3�',�'�.tr�»���S�t��f��y7r` .S(MJe j.�'' ' 1 � '�u; L��L.t t �iv5_1�L5"F>..�:�,��y:�w', ��� The nearest r�sidential� zoned p y p p y y ,j�,:� y- pro ert is the ro ert direct7. to the east ��� of the shopping c�nter; i� is zaned RPD-10 by Pin�llas C�unty. Th� n�arest �`r;' City- zaned resi.den�ial pxoperty is north of the shopping center site (RMH �' g), pproximataly g00 ft. from �he praposed establishment. ,r, F Zonin and is a ��, . .. _._.��____ ---- - _..... Re�lewad hy: Legnl NA Budgel � Purchasing �...� Risk fJlyrnl, I71S �- ACM ��� Olher- - - �iA _ „ , S ml ed h G1ty aBer ' �, . � Originqting Rapt.: F�l.�NING & DE►lF�.OP Uaer Dept.: Advertlsed: Oate: � / 5 / 91 Paper; �1w.73mE5 ❑ (Jol tequlred An,Qc,,�ed ps�iFe9 �.J tJnlilied ❑ Not raqu�red �IA Tolar Currttnt FY Funding Source: �� Capt. Imp. �� Op8ra11ng f�] othe� Apprapriallon Code: Ccmmisslon Acti4n: ❑ Appraved � Appravod wlcondlliar►s l=1 �ontad � �Canlfnuod lo: Attachments: Appl,icatinn Map = 0 None `' ' �'�'j, � � _r .��; ',`��.Z,,1t.�l�`I,�,l '' _ . . �'0, ��•>..':',�i,',a z:;il`:ai.' . � i•j Mr"li��"i'i.'2.i�-iel 3i '�' Y�ta,F{�:s���iy��f"'��IT^� . . . =4 ��. ,a'<, s.;'].`�r�i � ��•f,;,�._�..�i:z �f�1�:. �r.o � Fi �t�.!. 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' � ' `� i i ..'�� r t 13a:. .�✓,���� j�±�.�'`�'�:/i� .'J�k` §�3i,tf.;:..y.•p��t ' i � < a�:t� ' "'' .' r 4";� Iv' ' "'�i�� "'✓- 'h�'•� � i . •�' yf� s. . ��•..r Y'a'r�. i Y i �qie, '..' . � a.t: �. ;'�.i" i 'fi� �• } a i i, f tl'' �:.. �' '� s L, � { 7 � ��`,,*�,��� r t�� �" �.+��,, F��".. ,� '�, ,. .e'v. l` �`�J �� � ,f'i'v�'fti��,� ���M'� ����. �•r'�.°�7c�iik:`�s:f'�:�1:u�:ih���V.`.."�..'y`fYiZII°a�:x1��L�'�ri.'.i�35�:.h`Y,':;t!&.�S'A�'.�1'YV�i.':�..r,i�w�� �ftr�'':_ .e �,' ,.���,� . � ` i4'�f�'���r''� , •�'-��;�� �1���, `' C� C• 8 j�.�11 q�. ;:;: ��-��� �� - �' AB 91-17 ' �i;,� �''�`'�E'�a�� . ' Page 2 ��"''�j��;;;`t �; ;;�;��, , �7'•it�,�} �F�'"+f � .. `i. . �t.. . 4�},..�• y� d`�.',,�•K.lr».t,^f'� � . "'_"°"'•` `+���'�� The followin estab1i,shments have alaoholic bavera es licensee w�ithin 300 �eet T:� ���'��;;:��'' ; of Gran� Plaza Shopping Center ar inside �he center itse].f : . ;,��.�.., i:;,�,E� -�°.;.:��=::,��: � ) ����'�f` M. L. Chassrs 4-CaP ;';� ;'�<:s�� k�:f�;�::''� i��f���; �# ���:: y 2 � Maggie' s Pub 2-CqP i•: , 9?�s:5 rK� s' .��,f�:A� � �_��"��,; 3) Ayoubs snell 1-Aps �;���������•w�fk3 q) Cle�rwater Fishhause 4-COP-SRX t�� ����?��������,1�; 5) Old New Yozk, NY 4-COP „���}i�� ���� �,'�N � 9g , pp g pro ert creates th� need for ��,1,e�,?x����,�.t4 Ma ie's Pub Zocated with,in the sho in centeX p y, ��.s�3� '�_, an aicohoZic veverage separation distance variance. � ' • �'�,15 �iu e�; . p � sfif;i..,£ 1 �f..7.td�: l t y� ,����-�,,�r,,��,,� Tha Planning and Zoning Board a� its July 30, 1991 meeting conti�ued the ,t.�1 ����t�w�'?�f�� condi��onal use request untii August 13, Z991. The results of the August 13, �3�����,�i�;�����; �.5s1 mee�ing will be presen�ed in wri�ing to the Commiss�.on. , '; , � , � . �. . -.. . , .......� . ._-_-...., . . . . . . . .. .. . �.... .,., .. w. .,� �: �., �... » . .. . ... .. .... . �; ��, ,. : . �� , . . , �-r. ._ � . 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T. g� r� �i 4� ` . a � � .� , � �; '� 'Y L �� � »� 7 '� : , � �' � r����1 F � siil ,• �' �'�ti�� •�r ���^ �,� �� .r- ._� '�s • a1.p.��)r b f,� e.Y.� r� . u�� i t c� . , �',y ,x��.� . 7 �:. � � �S� M.Narr �_, It y� �: ti �.hS.::��� ^.�k l� ��.�i• j' . !. M:1 �%� �� F. h ° i, �=`.'. :� „�, �. � � � �'1,: 'i; G ^ � 1, � , �i � .A 4. �,,.. o. .'� .� } � t. � x: '�%iG�i� -�t�vf� �i:.'-l:} ;44 �. YF�.�: . �.ti :��s'�' ''�''?1{ ��Ti;�' �;•'f9�! i :f}:�,. :�I :�w- •,.ii .� �Yl �7 c,rr� o� c�rurwn�rt ALCOHDLIC I3�VI?�tAG� SALE:S = MINIMUM DISiANCE YAiLlANCE AI'�'1,dCAT{OtV (1'ie�sc Prin� or 'I�pc, F�lnck Ink Qnfy) 'PR�PERTY pWNF,3tS NAME & ADDRESS: •RII'RESi�' ds'AZiVEB {'if �ny) NNriE AND A�DRL'SS.• (Ati.RCh Pxanf Pcr lustrudinos� . IISN R�11Li'Y, INC. iA��n: Rot� Craic�} mIMOT1;Y A. �C�Eit��flt�. 3ft., �S[+UIi'.E 4� . O. f3nx 909n 9I1 Ctte�l•.nut� Sk.�eet Cle�xwa�er, C]ozida 34b18�909Q {:leazGrater, ?'loLit�ta 3�}616 �puorr�,r; 57z-e5e5 � �tror�,�, �c,��i�18 'MAM� Og QUSW *LSS: ° t13us . own�r : C].carwat�z Nigl��Club •'n �rprise�, nc, nnn�ss o� ��.o���r �s��a pr �����: 18�43 at�d �.E�449 U.S. 19 t�arth LEGALDPSCR.IPI7D1� �� PRDPP_RTY {5ubject of Rec{ae�t):�„_, S�e �Xi7iblt "liu attacf�e�. (UnitS 4, 5 & E�) ZOMNG DtS'I'I�GT: CC _ � _ _ . . . — , . ,. . ,,, . �,_ ---,-----�,— YAKIANC� REQU�S'i {Dcs�e S�r�.�ttac� Additinnal8 ]f� x L1. inr3e �hhett iC needed): V�riattct of 2�� fett �om m.inimum disiaaee rcquiremea� tp ellow alcoBolic 6everage sales wzlhin Q ieet"• irom (chccit ona or more}: Church, 5chaoi, Hos�itul, Ruidcntin! Zonc, �_ Simi3nrly Licenced A.ICObDi�C �C�GfagC ESIBbIfS�Gaf �CO� I..ICC�SC�. State Bcvcragc Liceasc Desigaat�on: 9—COP HaId�r otStatc Liceasc: CL�ARWAT�R t�IGliTC�.UB �lVT�fi�RISES Ii3C . A. COI�fA1T70NAL U5� AI'�'iICATION �OR ALC(3HOLIC BEVERAGE SAL.ES �'OK THIS PRQPERTY W1lS APPROVED BY';�ii� PLANNIrIG dc 7ANING �OA3tD Of3 (DAT�). E11np�ied Eor } O'THF.Ft VARIANCES (C�iECK ONE): }; ARE iVOT NPC�SSAItY, OR NERE APPROVID i3Y THE DEVELQk'MF,NZ CODE ADNSTH�NY' BQJARD 0�3 (DATE). RD 1 H�LYE RE1�D ORDi]�A�fCE A420.87 AND 5EGTIDH �'7.0�, con� a� oR.vw�aivc�s o� r� cn-�r or C S CLEARWA'�'ER. RFA50N rr03t VARIANCE REUUEST •!n vrder for thc City Commission to maice e6e desnrsninatinn preszribed hy Ordinnnce A420•87, tise �ellowing statemcnts MUST be camplcted: y.,.ry�.. F.�� � ..�l��iei.;'��r� i k' �:r:.�a.� . a °'��,. k,. . -� ,1���:,, _ ., �`�, i .i 1Y Y.1 �� • ,:�'ir`,�'�• . j' . . • ' ,f y. .. , ' '' `' � '' �', �' }l� � � , , f ' , ;,i � .:� . : � � �. i . . i� . ! '�. . 3 , � ' _ •' , ' ; ,;, •�r;;:;,'.; �; � ,c'� .. .,��; �i{ y�.. ,s , t.i�.•. -',t.�,�,�� y � i,�j:'r •�h � 51::.:'.• ��A���.",;`�.r�s'ilj�l�l.i�l'�71i '�t�j�� -��� �% 1. ihcrc nre specia! canditiaas ar circ�,ms�aneu appGcab[c ta the praperty i�volved 6crnuse: �e arBa o� �k2e �ros;�� .-- ,:�., . '�� ,.L.�, uGe i� phys.zcal�y �0 feet awa�• Frarr� �lie �xisl�ine pt�b which ��as a .�c�sis� f s'�,� �a` • • 1$ D �eet �*�Crr. �'en _�an"� r :: �ii+�'k;'� � .. • ,,'s: -.:. ..'. e�l''' '; ��' ^, �}aia;; „; _. Such variance is ocer,ssary for the preserti�atiaa aud tn}n!tment ni a substantial propertp right pdsscSSCd i�y other properit• u >~ ;x;;.�. i� the s�eae district ua�er the teta� af this ordi.nancc and deaicd to tiie ra erty in uestion becausr.: `.Cl�� Cx��' ::T.�.::,.� � P P 4 �s�:.�.�,�,i: recognizes arn• t�t� es�alista�rnCG �:1�.I}1f1 th� sam� sl�pnina cen�er �-�� hav�n� zem .�.�t��ri�-• ,� � , II[k2 �: s , t r'; �? %�Y" ��=�,; �i� �,'�:!ti f, :-r�s+, � 4�,�.,,; � 3. Tht gran�'tng o� this �•ariaact wi1� noi ��nfer am• specini �ri►ilr�e d�nieci Io nth:r innds, slruc�ur=s, ar ckacElinec in tht• 41',.�• :, ti;,c�t�x�; samc cfistric! aad �il! nns � injurinus tn t�e ncighborhood, or oth�r�vis: uetrimental �o ths public walfar: hccsusc• "J�'�t�(�ta£.:i: ��:1 C�'ICtI'Ci1Q�r �C�lrv�7c ni resacinn`17� .*!�?1Q�1� ,r.i}t'.`C�;!c 1ti:.. L� �F�C'C:".^.. �leS';�Sf if [t" �---- SiGI�ATURE Og PROPERTY OWN�R (••OR REF'RFSE'N'I'ATNEt• ••, •. y� 42,1 L I !S. . . ��". • � � , Before me, ttst ttndarsiupcd authorin�, persanall�� a�}�earcC�t_'t�t• :.. 3�hnsall, ,}r. who bctnc dul�' ���r�rr. aavs under ontb uh� rnetters and fects sec au: abnvC 8tL LTt1C SA� LOTTCCI Ip tp� tJCSi Of �lS/�ICT fcnrw�E(j�C 117C{ hC�kCl. 5wurp �o nnd subsaif�ed Mfore m_ thi:. �' s dar �? JunC� A.L'., �{s p� . � �- _ �s...� .. 1vn�nr+ P�du: •PROP�-'...F�,'!'�' OR+�[EF. C)�t REP4L�5E'*T.qTTV� MU�;' �?'�NL► tIEARiIdG ��Yf�E t. S�ARS •r �naC� QClrM�! ilS 'erV 7r�7�r! NC:L3�• F:,^•tf:. 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' r!',i.i.r �;,'a } ;4• `y!'�'�1i� e ' 4��Pi��Y�S� .� 3f{,•,j�.�,�*'�;�s�t;l.i.. . `r••1 �""���t��Sk...��� F��.a' .:''j.!'� . 1• :'r aj4, •' . }�t'fFiv r�•r �.}}� fL�'�;,f.'ri :- .��r..� ti�l ..r.�'!``Y �F�i... � �� ,� j�,'�'3't�'y.t'li i�t��, .1• l" y�' . � +i.�l �;.ti.�;� ` i�i;i•.}' ��' ''�•� !; � 0 ���.��ki: k,.,a.,:�;�s.��:,.�.�,�.. ..:.. ... �` �t ^� �°�• s >°•{" ; w��i. ��iY'���*..�h'�l ii •6 , i .�. ��; . t's,y' ,�„ry�.�t-, • � Shrr' ;E�..s �,. ;r`,r•:,• . „',y'.9 �,f �ry�':� �i.',i.'a �i���'' `:� ""4� `•�4'.i'?���'."' "... _ � ° �s4:� 5• � � i=; , •,:.,� .0 i t� �$1:1�4�°���.,5• riy`r�;�`� ' '?!°.+'{• . s 3`,�; `:�.�'� � . �,.,i�•�'w��ix"�,'i� t�, J'a,, ., f� ,..,,4 .l��ty�,`1i{ ��: �L{�1 yT•� `�.•'•�.t:F ' ��'rfF 'f:s �A{ f ��ii::;'?Cit:'��,i';:;a,. { i i, � � :�1' �4 # !�CL �] ^. } "�1? r' � ; <1L �c i ��rY";.t�1� '�r 5�.�:°-'xlri'�•',5�.'' �� � iA7�`v�'aCsn'kki�.l��,:t�.1L:%:,�;�4=��i;_`_�� j�^. Q � � % _r�j ;�S"1.r��.t �c,a.,'i' �:,,� � �Z.' .i�.,.�_7.,-,�lnthi�.'�Ifr,- �? �!'i,�'y4�: `.`i:,�'?;'rw`1�".,,�-ri � g��.t's' .'';1l,r fy 5v.��'! �.t.�� �T ? �. ��' 3 i . 'S �':'. .;. ��i . Y�;�'.,`na:.i>��csii ( 1� . '.}`'„ s , :., .�.,. . . �:.t •� '��$i�l's. ..�:� .',�' 4.: �t'r . ��f.i1i'J''.:; ,;. �:]t;�,� ti��� �• �.� �`�' �t. .�'.i.,,-�� �'` . � i�: L �; ;G .i'.:.�5.'7`� � . �. iy'i�r;:� ,.,ff' �..i.' lT� .`�.� 'tJ�:,�.� � ..Y'�'"i_'3 . i�!.' . . ,._ .._...._..., �.��' ,..1heHSf!��r_f..�:t.f LJ.�'.'�u1r1:_L.L. � AL�OHOLIC BEVERA(3E SALPS ' �ntms n�sr�wc� vnRUrvc� nprt,tcn�oN Pagc 2 I barcby �ffirm thet I am npplying tnr a veriaacc �os property nddreasct4 as fnllowa: �� 4 4 3 afld Z S A 9 9 U.S. Z4 Nortli� C1ea�F��'��er, I'lazida . froas thc dLstance r�qu�semcnt to be l�enrd t,y t5a %ity Co�tmitsian, and hevc pn3d the eppliu►iia� fee eccnrdivg �a fhe current sc�edule af {ess, whirla wil� bt usnd ta ofiset the caata to t2�e City oT Cfearwater for adwrtir�ng public Learidg notices �d ocher expcnscs. Tieis �pplir.atian is bcissg �lcd prior ta a dec4sion being rer�dcred by lhc Planuiag ancl Zdning Bourc� on n Co�diiianal Use req�est for ihc aetne praperty. By siRning this farm I am acknowledgiag tha�, should ti�c Plannusg aad Zoning ganrd deny thc req�rst for Co�cfitinnn! Usc, ar s3�ould the I'laaning aad Zanittg Hvnrd grsui ttie r�quest tind t6e cieasion b� appe�led tn thc State Hcnring Officer the varinnre ap}�licsitiaa wi�l bc rcmnvcd from t4�c City Cauimi.ssioa Ageuda end the npplicatiou fee �vill got be rc[unded. Also, shouid tise f lanniug anci Zaaiag IIoarci eoatinue u e3ec�siaa on the Coaditivnal iJse rcquest n�ce�sitatiaR addittina�! advertising, i wi11 �car the addit�onn2 advcrtising casts. Fwthercnare, shaulc! t6e dtcisinn o� t6e 4'L�nning and Zanic�t Bonrd bc a�pealed to thc Statc Haaripg Oi[ircr. J understnnd the vatinnct appi'sration w►I! he on hoid pcnding thc Haariag OFfictr's dGCision and, ciepcatiin� on lha� dc�itinn, I wiI! either be Siabic fpr ndditivunl edvcrtising casts or wii! �arfeii my mpplipdoa Fec. � � � ,�.'/./�� �� � AppGcaat's 5ign tttrc , , � 5worn to and subscxibod bafnre mc tLis ���"dsy of � u�� A,.D., }.9 91. Ky .�' ,� �, y� � '� — --- — - - - - - - - - - - - �' 13 alj+ P ii C ,� JAYHE E. SEARS fJotary Pu6lic, State af �13rida h�iy Cort�missioq Expires 5�o;errtbps 2 1953 . . . . . , . . . . . . . . , �onpre �rry Tray Fau� tnsrrance, lnc• • • , VAKIANC�' iNs�'CRUCT]ONS 6catiaa and �tbmis4ion Re uiscmeats; 1. T�e epplicaLi�n must be fu�ly compinted, signed �y thc pro�em� ow�nsr (or a represeolative of th� c�wner;, tsnd �r�tarized. Any appEir�tian si�cd by a represaatative nf the ouner must b� supplcmenied hr ��nu�rr af uuarneti• or �niarizcd stat�:nrnt frvm ti�e owner aUthnrizing representapve. F'raaf of �ra�ert�� n�vners&ir snus� be nriaci�ed for an apptir.atian �r be coQSiocred ca�aplete. Aaequa[r proof shaU cotuist oF nnc af th: {o!}owing: , �. .� copy oP tbe dccd. � �. A copy oF [it]a uuwanr. �. A ie�t�r irom � practieiag ei�arncr confuming prancrty c�wncrs�ic. _. '�'ha appliratioa shn1E i�e �fed at thr nfiics af th� DevclaQmeni Cc+d� R[3177121t517DtOT .�: ta: um: ni islinc. e E�e shalf be paid accnrtliuR to the curxeut sc#�eduk a! 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USE(5} REQUES'I'C�D: 1�Icohnlic �everago Sales: Cansumption an Prcmises COD� CTI'A7'ION {Chaplcr, Sucuon, Paragraph): i3S.I35(2} ALCO�jOLIC B�V$RAGESfrYPE OF AGTION: Ncw Licease FI.,OR�DA LICENSE DESIGNATJON: 4-COP ZONINC/I.AND U5E PLAN DGSIGNATiON: CC (Conuncrcial Ccnter Dishict)lC.'I'.F. SURR�Uf]DTNG LAND U5G5: (Please retcr lo Rltached msp for zoning/LUP designation vi surrounding propestie,5) NORTi�: NightclublMobile Hame Park SvUTi�: O;iice EAST: Vacan3 W�T: Alliecl 7'ires/Ray's T.V. 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Ray WylxndlLoo Mcnendez, Plsns Rcvicw Technicians i��.Af�lf�►1!!G � E�RSl;N ,,, '^ < - „ > - '-�, ` "`FR'„'•:. j:'-:; � w `'�s;�,,�:'�::�r�'� -"';;:'�., ''•�;:,``-.',:'`?;"�t�;,=',,'.• :; S�ephen Dohcrly, Develvpmcnt Malyst . D�VELOPA11Ei�T A�P]'. h: * + �i,'�i:.::Nh�:�.'�yt�i�4'���ti^}�� ���,'�[.'�.✓':"•;�ti.c;�.��";F� � -�..-. ,. � .��:i a�e .. .a.'-.�a�. •sr�,.�s,�.-i,:� �"^ ,� �;;'��"�S,s.�t:� .�::�=::2� ;;i;,. ,:,�._• .'"s; ���t,;'� � ��, MEE'TINCi DATIi: MJuly 3Q, 1991 � r ^S, '� �° �. �" ` � ` ` � -: -:. ' F�� ° AGENDA TTGM: 3 •' .. ..'�'�j�ySj:�.fy :�3.. 15.., _.� '°t' � s��� ��r.:� . �rt" �'Y. s i',z;s:'!� zF:� �fi;i�,`i�'`'':il:;, ��,�f.;;'i t"..�3�� �.�= `€ CASE N: CU 91-60 . ��r 2, ;�`��`�7'�r"�4;',:tei.+-r.��'%: i<�;.'iy,,:'i r'�.E'�, � • �'�Y,�•'r.. ?s,,,.�i��i..};=.'.��a �;k�;sn � S�i`" � �' � , ;._,,,.:wf.:.;,, >.;� ���,�i;;;i:''E' �'h�1�'��C�?i .•:.�(xE'f+,}.-�:Y�`:. ' LCGA[JADDR�SSILO(:ATIDNISIZ�: M&B� 33.02 imd 33.021, Sec. 2Q-29-16/18443 and 184Q9 U.S. .;`�;y�i�:�:�';`�Yi'.r'` `sFly�i '; `i�?•��� �;�r:T��� �: 19 N. (units 4, S euid 6)/Grant's Plaza Shopping Centtr/13 scres ` ' ' "'t��L�tY��',r�'�k°��% �,j,�i��..^: 5§t,��t.�� . ��3 �a��4"t ti�?Y:!:''�.'�d1;G"�.�1 :�f:'i;'a �-�,�fif�'�,�r:'�:" ' I11�0.�. ��i '� .:br :tr.,.:� ;"7.r 7;'r:i.',:2'C{' S7.it'��,F �1..br.�,,.,�..J �l�,�.. +k. . J t�i�. �12%,iL •� ' i . �� `' ��it [!'wit� 'Mre} �. �y�'i'• •x.• "(" r '• i: '1{rr�� � •iT7'F�'�.i ,.. 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UWN�R/APPWCANT (i3USINESS)/REPRFS�NTATtV�: HSN R�ally, inc,ICiearwator Nightcluh . Enlerprisrs, Inc./lahnsvn CONE7ITfONAL U5C(5} R�QUGST�D: AlcohaHc Bev�ragc Sales; Consum�tion on Prcmises CODE CiI'ATi ION (Ch�lcr� Soclivn, PIIragrn{►h): 135.135(2) ALCa�1DLIC BEV�RAGE�rI'YPE OF ACI70N: New License FLQRII]A LlCCNSE DrSIG�AI'tO�i: 4-CO�' ZONING/L/LND US� PLAN DFSIGNATION: CC {Commerciel Cenler Dis�ricl)lC.T.F. SURROUNDING I.AND USGS: (Plclse rcfer to �Itached n�ar Cor zaninglLUp design4�ian of susroundt�g pCOj1CClICS� NORTH: Nsg4�tclubfMobite Home Park SOUTFI: Office �ASI': Vacant Vi►FST: A11iui 'I'ireslRey's T.V. CITY OI�FICIAI,S WISI�TTG TO COMM�NT MAY DO SO IN THE SPAC& PROVID�D B�LOW (COMMENTS SHQUI_D �L� R�TURNED TO THB PLANNING MANA.GEEt AT �AS'�' �IF�TEi &N DAYS PRIOR TO � SCEiLflUI�U PUIILlC k�ARING). ._.. .- . t�o activity reported �ar �h3.s business address. _ � _ _ _ Cagt. R. Kaminskas TRAHSMtTI'�D �Y: SSevc llohnrty � , . 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EAJGih�ERII�G 0 p,si .�w� ;�,;s�.�.:,�;°;r,: F•,,; . .'�;1,>;.`,,� :;}�:;t� i CI'iY. MANAGER � :. �, •,,:��,�,_?,� ��,;r; .. •ri"� ,`i.', , x. •.�1 � .�t � . - v "': � }[. '`��,iF`t�`{;'{=� t�t��;.Srr��,' r ,� ,', � � •, �`,� >,� ° l�, [s� .y.;j.'i �•�.[:.'. +a r� ' � ':�,'�: . . ' `' r�• `.'�5+�' �ax 4��. i s'' ; , (� f ^ "'] � �. �;..�'� h, t ��,'�.. : F,�,�;±Y :.i'�',°�.���,;.r,`>�, :,� •i{'� 's! , �g / f � 1 ,3�,.'±,jj,}�;!}t..���;�:g�, �t�a�ra � } s.. '.� 1 .I �i�,1tii^;�t."�1].`. ].�y�7, t {.' !r ':t�f:;�'.$'$(�:�. ;""�', . �'•�"':f.. . � �:4i..1�'4: 1a4iti�.+�� :.=i:Y�Gj�,'.€ � -tj.;..�;� .t,';a.�• .}`•': �, ,r } .�..'• .� i�:'��t1'Jt!K�[^�a14�?7�d',�`"'r."fi:Y:.c. �;��'i:: ;'ti.".�t;'' :; �'s�.�.i:{.���; �. �..`1: ' • � S:. �.i ... ; :t..,,.�x.:s.., .., ,. & Bur�NS, p A. ��;'4 � "; �t3:"���� -'';; � � i' � ' � f .iOHNSON, BLAFt�I.Y, FOPF, BQKOR. RUPPEI. • � ��z �'- .. i�?r.:; �k ���;t i:t t�'rfi' :* i^�: � ,,' i� � A770RHBY5 ANP COl)NSLLl.QRS AT �AW �'i:,�.. l.•�: . �'f+7i', s7:�:a•:�j��i'<. i�r"'c,i. � ., j1 �; E p�Y r �, -,� • �. �. . . ..f �i,•.r ., MARtA MAISTnCtL1S 10NN A. SGHAt�ER ,..,.s'4 { : �. ;�;>';:::: . . � , � . �RtAnf e. Evnre3 r• �i':��:,'.'�'�'��:y�•, ![.D.ApM7itRONG:�f ►rnGFlACI.C.fAARt[HAlrl 'S7CVCNM.lLr91'r�T ;�,5��w �«,'��I'4k:`•�?=:�:,x�.:; :�, ' . �: : ...: D�nawpA A. EfACCAR� MnniO!J H�l¢ fil.•: �. -i. �,.,.� t��•�.�'.. � fttEaCCCwNEw�pVNVDOgA 7AMCLL.MOOOY �AAY V.lTRUT�'11L�5� r,>":. n� '�i. •�lr.'•�t�', :�, y� '. �; , .. �. . ' 1D11N 7, 4L/A1SC4`� GHA�1.£S M. TAT6LbAUM �r:'�.'s;y�r�:',�y�j., ��.� �.:r-�:.,Fj,s'�.,•F;.;: tFnVC�H.6v1tOC1 �coTYC.�t4�NKarcx OAvro�.07riNGLn O�Cn.rftlnLasT kes,�'� i,.t�l.�<<:: ��' ",=':r 'i r"`,?%� �S �: •'' dUV M. LURNS FRAMS K. JAKL'� �. waw...es Qoos, �. �'Al?u� •� i5'��'^�;, I>•i4 R�. ;• i,hr• •'�ti�<;:'. . MfC11ALC T, tA4MN TrA4THY A. �DHYF4N. J�1. D/1R11YL R. RKHAAt7R JQAN M. VECCf+�04� �,�5%. ;�' �', a 1- �;'.�. �tw=• ' . 54. :, '� z $MARON E. KR1Z1S bfiMM3 d. RV�1:• MiCNIhLI. T. WP�.IAMS lA�C7'►� J. DAAM�11 �� i'i •,r'.'.f���%����'?4 t�;a �,� � �•��- •� ��'F' �� lliA 9. DODQS JAMG3 6. LCW1y CNARLC3 A. lA.MAilKQS ar t4�M�n .. .''i.. "�vi�.:.��;�-.. •c:'x`rt.f �,,.��, ,. ra� «7i-'+^: � �'� `i � � . �:�° ��l' s � August 8, 199X '2 � 1i�� � ",�:j��L4'�.�.. e �+.�� r � i��. � ..t, <.•,_. '�:t°��r;;� �� c•�y� �'��='��:��=!:. City Commfss�.on �' i' 1 w-F� S ��'�.','�': �`'•-t :k+; �Z 1,y �,y, w„', � .� �. r, a.�;� ~',,� ;�c �.µ_,. QE Cxearwatez �::�, ��M,.; _�:,f�: , Ci�ty ��='� �pG'.,�;}�,�r i '�"� S.�'ii;�"- /� itItl@!�� ;,�� „ c��4•,..;.-...�s�;. ;+,�1-�` W4,. '�. YI� Planning Depa ._t a.1:K:} : �t �.-'� ' ���.5„�tyt5' wif""� �$�;;� ..,.�. ,=3�,s , -�s54Ff!„��1.�•�t�• �'i'f'. �O South M3.ssduri Avenue "��.r: ��. �{L:�;,.� �.�.,����:.,;;;r'=L-.,:�. C].earwa�ex � �lor i.c]a � 46X6 ,i'� t�.. ,t g.'��'�j�;.. r �,rw: -•tir,7;,�=.. �sY.Gs�', z'rt:s:l�s�i:_.tt���s... PL�AS� pEpi.Y TO GLCA�IWATE� F1L�' NO. 29935.91681 RE: M�nimum Distance Varianc� .�Qplicataon subm���ec� by H5N . Realty� xnc. Lad3es a�d Gent3emen. :: -� � �:t; �,': ;r,�; On behal£ of the pzoperty owr�er, �SN Re�l.tyr �nc• an e ';°r:;r. business ownerr C1e�rwatP� N�qht�iub �n�exPz�ses, znc.. we �;;�,- ].ication be ,�_�• requast thati �he hearing an �he xeferenaed aPP r�;�: con�Ynu�d �or rwo weeks. Th� hearing �.s aurr�nt�y s�hedc�led �or -�'`:' your �eet�rtg, o� August �.5r �997., ari� we wou12! �.�.�Ce to haae �� r�a=� xescheauxed far �h� m�:eting of Sep�emb�� 5, 1993.• ThQ applicants are nego�iat�ng �.e�se �erms whi,ah� iF no� �greeci �a, maX resu:lt �n w�thdFawa�. of the applic�tian. �e ap�recie�e the Commissi.on's aonsici��a�3on ir� conk�nuing this mat�er. �A�:3� cc: Mr. Genzge Robba� Very �ruly you�.a, . � xz hy A. Joh san� Jz. 9��/JE3/239�aMBL2 � . 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' ' . . . . . � � . �' n • :I�. � . . ' i ;5�,."� � 'E�j,".':7�'�`� '• [ti�cr��l!i.��[�•`i'..... '!�;`:.t^. . . .. , , '� • •• � !�, i . � , � ' , � . ' . ' . > , . . . . i'i....r. ,.i.....w:��:ti:�r4l,p.l�i ..S`4� ' .� •�l�.',�'n; t �,.�'t' t��.:Z��:sliF�' . �:'.; �' '. r,.'.' `{ f.': ! � ' � . �. "t. w..�..;, + ��st��~ ��. CLEARWATER CiTV C�A�fMISS�ON ��':!'�';�'�°.'��S';`='�';�,,;;" � '�; � �, i : rj, t•.: ''`' �' ; • � . • y(r-� � Agenda Co�er Memorandum nam x �$� ::,,,.'�:.:��4:;�,�,::���f>, , �� � ��7 y r}. S; - l..� 1.ti• i�� �y � �`o etfng Dntv. ;`' Rri:�..�;�. ,F'. �IIE� x;''''�� "�''°� y`` ' � ' k';t;�.»� . ` y %�+,F��.ti. ' 4!'.v, .' <;;i �' ''-�';" �1�''rt=�`i': . � SifBJECT: �.�: �'�i, .�^F����,��3�n�,�:.�,. �� Variance to t#�e Sfgn Requ].ations: 2�.870 U.S. 3.9 Nazth; Home Depo� U.S.A., Inc., ;�� ���' °'.,"N;;;yt�{;+,''�" �wne7r. (5V 91-14y ;�x';�r�ti,;:`!`=�F '7' . `�'' � ; ,•t } y.i ,ci,� �.7+7< : ��i;1'T}� F�..1C{, k�j;�..� RECOMMENDATTON: `��i. 5•':_w,,'t,.,;y���,,.�x' �a��hr •�3ty`IwiE,.��� r��� ��7tA}y� , City Commission 1) deny the si.gn varianee o� �50, � sq. ft. surface area �o •: s�y:�w�•>€�����Y�� � � per�n�� a bu3iness a.denti�icati.an sign with a total of 278. 5 sq. f�. on the 'z:�:��; ;`, fL;` `�� ;�a:,�•, south sa.de of �he applicant's build�.ng� and 2) approve a szgn variance a€ 57.67 ;;;-��� �b,"' �r�`��'�' ' � 1+e sq. ft. o� �urtace area to permit a property identification �waii� si.gn with ,�1,;�;�;R���'�L��1�,�;��,�s�.�^;� 5 a tota�. of �.85.G7 sq. �'t. on the east si.de of the applican�'s buildi,ng subje�� ;�:;i;�e���!�,��;;�;t','���'��� � �o the �o1].owing condi.tions: 1) al.l required pexmi�s shall be obtai.n�d withir� --:`;"''''`��' "'�'����� , r, �„��; ���'��s �% Ya� , � six mQn�hs QF thza ublic hearin and 2) the applicant shal], not be perfnitted "��"��'"' •�`� ����My �` . iS",.':' ^:�'lraS�'� ..�� �.. p 9' j� j`..r�:;�, g�w't�;. any adda.tional frees�anding ar a�tached signs for this prop�r�y or business, ���'"' i���•1;�;'��1r-��'c����;'A ; '1rXS.,y 74 ti S kj"���� �. 5 ather than directional signs allawed by Code. {.�r�z��r��:���.�,�''{�r��,'��x;:. , �:... [] And �hat �he agpropria�e offiaials He au�hox3zed ta execu�e same. HAGRGROUND: The a�pl.icant is requesting tw� var3.ances to �he sign regu3,ations ta permi� him to i.nstall signage he contends is necessary ta properly identi�y hi� new stoxe �resentl.�r under carsstructiori at the C�sarwat�r Collection Shopping Center. �3oth of th� �equested vaziances are for increased surface area beyond that permitted by the sigr� xegulations. The area is zoned Commercial Planned Developmen� (CPD}, and, as such, �he applicant is permitted a propex�y identiFicatian sign of 64 sq, ft. [S�c. 134.4�0.(2}.a.43; the area of a property id�nt�fication s�gn can be daubl�d, tio 128 sq. f�. in th�.s case, if a wall sign is used [Sec. 134.41Q.(2).a.�. The complex in which �he applicant's establ�shment is located is a shopping center, and the applicant is a major tienan�. Sec. 134.d1o.(2)a.2.(a7 pexmits a major t�nant �a hava a busines� iden��fication sign nnt to exceed �28 feet. on earli.er requests for sign varzances far this devel.opment, the Clearwater Collectian Associa�es� Ltd. has argued that �he limita�a.an of signaqe as provided in �ne sign regulations for CPDfs p�aced the develapmen� at a c3isadvantage when compared to a�her business centers along U.S. 19, In the last vara.ance grantied for th�s devalopment rala�ing to prvperty identificati.Qn signage, the City Commzssion stipulated �ha� no turther ground or pole signs sha�.l be permitted for property identi�ication signs for the Clearwater ColZection �hopping center. There�ore furth�r prope_�y �.den�a,�icati.on signage is required to be waZl or prnjecting signs. Aeviewec! by: Legal _..�� - Budget �_ purchasing � Risk Mgmi.� DIS ACM Olh�r� � • �•�.�-;�� �.� •�-,� - �'� ,�y�;l.a:..-�_,�Y�; � ,i��A�.fr��`,1 ��r-�..�� I:�f'' �-'��y'J �; F�q`'�j � :+,,, -?.. ��:y �s,..,, . � 'i:? s rw..:.l.. �. .i,�i:i` � :,���3�z�+�. � f .-`.r ,.'+yi'r�` '� .i�r'�£•::s1: '{ � � ,�:F�'����i.' �+;,�; �.�`icG''���'j�'! ' ,T't �.1'�j %�,�;E y. Qf �� 5 �' :F .yl���'� �� Originaiing �ept.•J�� Costs: � Commlesian Actlon: FpF �f�. `i�'�cr �1��i $c ��� TolBf t� ApprOVfld Sa ua t� t��.r_ C� Approvad wlcanditEons(� �� � r� cT7 � r, �ser pe t.: ` p Curreni FY fJ oor�ted �,.Y,:_ ,;,.a�,_�a[tia.,st�{�«��S L:] Canlinu6d �o; ,� ------- �unding $�urco; ' Advartleed: ne�e: 8/ 5/91. 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S/15/9�, :: '. sv �i-ia .,:� �x: Page 2 ,t `: �!; j','�, ,'f ,'�4'f", �,; : The aurfac� area permitted by �he City Cnmmissi.an for the twa pole signs for ;;'�;�;f;.�;��f='��r;-%;�=�;��- ��. �.-:, 1.:; ,.:;��<.;. the shopping aenter were justified an �he basis that due to the use and -:;�� �:;-;.;ti;�;;,=�.;i=�;{• 1QCatian o� �he deve�.opment, it is mor� appropri.ate ta u�i�ixe �h� signage `��''�'�;';'�"�`:����;����;-�:����`y'� xequirements ior Highway Commexcial {CH) ax Comm�rcial Center (GC) thsn for , r:•� �.•�;:��:;;;:�!�-'�;�;-�;: CPb. �� the signaqe requiarements �or Cii or CC are used in the res�nt aa�e, �: ��;;��;':� F, P � :< <:,.� f ��,;��..: then the app].icant would be a17.�wed an a��ached property ident�.fi.cation s.�gI1 ;'�:: :;�` �'•rF'��,s>_;1,1.::;,,, �.�.�.:� ,:;°';�,�•,.� o� 22a sq. ��. or 312 sq. ft. , res�ectively. These s�gs� a3.�.owance� are �, ,,. .. �:.. •�_5`M."�- ..,, �. ,�;27:1i!,;^,t �:j,; signiticantZy largex than the �.85. 67 sq. . ft. zequested b� the applicant for :�.,��'_. ;�s�,,;,F�r,�s.s�:�,:;.� sign prapased to be located an the east side of ha.s building which faces U.S. �.:..�t.,�rrys�;;�3,;,��;; , �9 Nor�h. Another justifi.aation for a laxge sign iacing L1.S. 19 is that the ''l� `'` f:�,:'����i�.��ti���F~ :,«.r��;�;;:k:,� ... �_ building dae� sit back fxom �he road, and tlis larger size wi7.1 assist dra.vers �: i'���i:��-�::''��.:y���4 �i��:�,��," on U.S. Y9 �o locat� the applicant"s stox�e. Based on s�a�E reView and analysis :�=�,.;',.�`;�'r�`,f�:�;=i�3?�,��ii'�"� , of the infarma�ion c�nta3ned in the a Zicatian the ra ues �pr eased '. '�� '''� r�- i ;�' ia;=•¢ �;''j'r,fi,f� c't','."`' ' Pp � � ,...W�,��.��:...��:��s,�;, , p�opertv identif3cation sianaae on the �ast szde a� ,t�e _ap�;�ca�'s bu �.dihq k appears to be supported !ay the Standards tor Apprava�. of Land Develo�ment Cod'e Sec�a.on z37.0�,2(d). NoTE: The proposed cvt�ntywide sign regulations would allow a maximum attiached sign area af 1.50 sq. ft. The second variance reques�ed by �he �pplicant i.s for a sign on the sauth �ide of his buildi.rsq tacinr� �he parking lot. The propased sur�ace area for this sign is 278.5 s�. �t. � which is more than daub�e the surface axea perattitted �or business identifica��an signage ior a major �enan� (i.e. 128 sq. f�.). This propased sign appears to be approximataly the �ama siz� a� �he applicant pxesentZy has on his store at U.S. 19 and Enterprise, and for Whi.ch a t�oti.ce of non-complianae w.ith the City's sign reguzations was sent a� a result o� �he s�gn survey: The applicartt is �raposing four foot high ietters, which seems excessive given �ha� the sign wa.lJ. be pra.marily vi.sible from the parking lat.� and, according �o the app].ican�, �.s primari�y a.n�ended fox direc�ing cus�omexs to the entrance 4� the applicant�s store, 7t i.s �e1t that the perm�.tted axea o� ],12 sq. f�. should be adequate for this signage. Based on staff review and analysis oi th� in�orma�ian con�ained �n the app1a.catiQn, the reQUest for increased business si na e o the sau�h side of the a licant's buildi.r� daea not appear �o be supported by the Standa�ds �ox Ap�ro�val of Lana bevelflpment Code s�cticsn 137.012(d}. In particu].ar, th� �allowing standards da no� appear �o be me�: (1) 7.'he variance requested arises �ram a aondition which is unique to tihe propertx in question and is ne,i�her oxdinax'il,y or unifarmly applicable �o the zoning c3�.stria� nar created by an ac�ion or ac�ions o� the pro�exty a�rner, prec3ec�ssar in tit�e, or the appiicant. Any mistake made �.n the execuL•i.on o�" a builda.ng permit c�r work perfQrmed wi�hout the bene�it a� a pexmi� shal]. nat be consa.ciered tp be si�uations whioh suppnrti �he granting of a variance. (2) The part�.cUlar phXsical surroundings,,�hape or �opwgraphicaX canditians of the prope�ty a.nvolved and the str�.ct application o� the pravisions of this develapment cade wouZd resul� in an unnecessa�ry hardship upon the appl,icant. (6) The gxanting,o� the varfancs will noti impair an adequate supply of light o�r ven�zlation ta acl�acent �raperty, datract from the appea�ance of. the communi�y, substantiia�.ly ,�ncrease the cangestion in the public stree�s, increase the danger af fire, endangez� �hs publ,ic satety a.n any way; or subs�antially diminish or impair �ha value of surrounding property. (8) The granting of �he variance desi�ed wil.l nat violate the general spirit and xntent of this devel.opment code. � � s �` i.f i ,. F.�`��y:.,..�.Gl-i=.,•',i`S; `.,' '.t.1; `,L"':�Cy �'•`i5�:�, ��.����� 1'e� S���j4;��+-tiyj�}r �:�7;, y :.i�r=Syi'�.ir;r.��X �, '�' Yr�r�,t'°f "�+,•�t: a,,.���' ti r. ..�r S_:+� `! 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'� � � ������`"�%� CLEAAWATER C1i'Y C�A'IM1SS#O � : .�. � �' �'��:,�:.� : � ' ' ,. ' ! ' ' .1. • � ,' �.��� '.R•. -y r' � � �` ^ � �r Memorandum ►tom w � ' ��' i . . ���r �,=�- a Agenda Cov � � ,�.,-. . , � , . . , , . , .. ., y �' _ , �L�1�, t , -, ,.';. '. ; . , , . . _ . , Q�, `�,oQ' M�oting Date� I ' � `r, r.; .. r. � . � . � r�a.M�� . {` ' �� � , . � �.:: : ,;..,...;:,-� •'•r / 1• ' ..':�:..rh" 4.rr.`.. , t �, � 1, i � S � ' � . � �� I . , , • � . . i ..l'rY �, ; �A' .�, 2 � � , . . � . SIIB�ECT: �s �'f'' ��"'�,�''���`;;'=��;�.�: t" . ' + . ' ' �. � ' r„�.':. .'''-';J.:-;'n1;' � _t ,� t'��'r..t.;' _ ii� }r"r, Variance to tr�e Siqn Regulations; 25Z91 U.S. 19 Nor�h; Richard R. h; :'�: . '� `_,, 1 . � •. �.,�M �'�Yl;b.,��!'�4j,'i:.�� �.. .,. . Aimmitt/Owner; Dimmitt Cadi1Zac; Macfarlane, Fergusan, A3.lison, & Ke].].y/ ��,�,;�,:;;�,�i;y:<F;y.�;�;��3;;;. � � �� Repres�ntative. , (SV 9�.-15} ;. ..:;x:,�3s=,.,.a�:,i�,;�.: . � , � .. � .' �; . � R�COMM�ND�TION: ,�. ,. , �� ���r'� �'��..'-.�•, �� Gity Commissio� deny the requested variance af 16.5 feet ta permit a pole sign . . � of 36.5 Eee�. �`' �`: �:`:4.�'� �°=. � r .� . : ' : � . . :. { ] Rnd t�at tbe apprapriate officials� be authari$ed to exeaute samo. .,j•, • . .�i � ' �' ;�',•:� . •� I HACRGROUND: "'�'"�� �-'� The applicant is requesting a varianc� to perma.t the moditication of an ,,; ; ;; ; ; ; ; ,,,,, , � . ,.; '. ' -.`.', .::;.,-.; '.�::��•.�.:. ��;".:�� �� existing sign in a Highway Commercial District (CH) . The applican��s sign was �,.t�i•.� �,;;:� -�� =::.:�''i; i,: -....• ��..,' : aited as non-camplying during the City � s sign survey, both as ta surfaca area ' and height. The applicant proposes �o reduce the sur£ace area af the sign ta _'<;' .� ��'��` �' '� � a confarmi.n si�e h removin �he GM ].o o but wishes ta main�ain the ma'or � . , ,. � , . ., ; , , g Y g 4 , 7 •��� -'�� ,. � sign element as it is, wha.ch is, approximatE�y 36.5 feet high. Sec, M� `� ��� �`' ',� "` �'� 134 . oi2 (1�) .(c) a� the Sa.gn Regulations res��icts all pole signs which are under :,�,..,�, ; , �, : s`; . �.�k;� ,`••'.F,��e�•�"�� '.: ;��..,, ..�� ..��:���:��',°�:r. 150 sq. �t. in surface ar�a to 20 f�e� in height. Sec. 134.010(2) .a.5 � '``-'�'���` `�"�'��'r��: � res�ricts pole signs in CH district5 to a surface area Of 112 sq. ft. The ' •, � .''�' . applicant states, that by removing the ioga, the surface area wil]. be under the tf` � ..1:� . �, r - • �4'''3.': ��<� � " . . . maxa.mum allowed For CH dis�ra.c�s. �,(' • I l.'{�� � 4 �' i• � �' �-`�'��"� .''� "'t���' .� � ' The appli,cant s property is on the east side af U. S. 19 soufh af F.nterprise, . . . :, . . t :' ��'�' '-���,�;�.�'�:,:: ,� " � and run� from Triird St, {unimproved) , north property 3.ine, south approximateiy `:t,' -'�: �� ::;`�� ��'� ' S50 ft. �o a power easement. The rear ot �he praper�y runs alang Chautau ua q :�':���."�; .:�::`.,::��;� :=:�;�,: ::. "'"• �~�-'_�'� Ave. The property eas� of Chautauqua �s residentia7. (caunty) , property on the �`s����1;-���'' ` 'y �� north and west 3s commercial. on the south is a 100 �/- it. power x�ght-o� � c:i�:��;="'°'��.'�:�=, ,.' �"�'� S`'�'`''��� '���}�� s=:="��� � way, b�yond which are office and cammercia]. u�ages, The property has an ar�a u<<;'„i;;�`3:;M�';,s,.<;�h��,�.��_:. -l�.,. of 7.3 aores. .ij'�i�f`""�~^fEe:��att'L`��aS�S:�r�i''Yye;,;-�, , ' . ��`.�;;r=;`z;,�i:�;�;���;:�;�>;:�,>,,�:�" ",;:•,'�;�: ',�he appJ.icant states that the exis�i.ng hea.ght o� the sign is necessary in order -�'t .3s'�;������'v�Y�Y��:$f„ ��;;�'�:��, foar it to be visible and effec�ive in assistinq traFfic on U �9 ''�;'i �� s- �- . _ .�;:•r� �>: z ��-' �:��', � . S . �a �.ocate �:,:.'�:��_ .�;�[;e:.��.�,�,°. r•�',,.ea ��`• :� : .<< ,,,, r,,, r,, �.�; ., the car sales es�ab].ishment. He fur�har stiates that tihe sign daes nat d��rac� '';=�,���j��; �. ���;3��;;1F �i`!3''���'�'i�r+. �rom nei.ghboring properties and tha� t�ees and pawer 7.ines would interfe�e wzth f; i' l;,���:� ��.�,;`+ ,i f;�� ` the v.isibizity �f the sign i� it was lowered to 20 feet as reqiiirsd by th� Sign �°''�•�'..,�;�,3,;�;��:<:,,:�,'-;::,�::::.;,,?,;',.�° Regulat�ons. A�i�e visit by the staff confirmed that the sign does not ����+��:'���" ��'��.}`�''��i`������'�;_°"-;���.��°`: int�rfere with adjac�nt property. it was noticed �hat �he power lines axe '�''°}h�'�i�� r{,".�}��Hh�4��(;�,�`::•,:;:� ` ��:r'�.�=�:{����,'� ��r,,�,�.�;tt-;=.::i.:�'�'•', p��sently ir� the line of mntoris�s' view of �he sign. I� the sign were ,. { ; �4' �'•��? � ' ' � �1 ��:�;��='f=��''�'-� "`' �`i�``/Y�^'r� lowered it does not a ear that trees wouJ.d undu�. limit the visibili� ,�4.�.;�(�n,,�t4:���7��,��.�. '���;�°��,.��-,...-.; , PP Y y of the ;��'iM.f"-�,`F�ii.,.,,ie��.'. S � J �:6_�,�5,,����a,�N��., •�r,1y,�,;1;}1;.��`;,, sigr�. Trees have na� been consi.dered a unique problem, or one that should �. x� ���.� "'�= k'` �� �• ��� t• L�. automatically justa,�y additiQnal height. There appears �a be inadequate yp�`�'i���^`i U i���.� �a ."i3irJri�+���' it:��� •�'�,�iSt<t��..,A�:n�'e w�; �j, �, �� y��v��.°,;� � justification ta recommend approval of �he requested variance. ��u,���"'�„�� ����:,;.�:��;_.• Revlewed by�: Originaling DeAt;J Legaf �lA p�j�(�ING & Q�VFI�'i Budget Purchasing � �8er Dept.: Fi(sk Mgml. DIS �� ACM , r� Advetiised: Olhor,_,., � _ Oele: �i��L�� � '� - I � � �' � : . ,,,. .. ,� �- ; �8pgr. clw. ir� C� �l�t requkod Afi cted partles � Nopf�od G Nol requlred Fosts: ��t�! Commisslon �tvor►:nnG=. .�r „ll�w rr��r� �r� �pArovad , C��+n; n+ 0 f � �`� a`� ❑ Appro�ed wlcondilians� t � J��� ���Rv�f �_. Currant FY �-j qenEed , � �� �.7 Corilinued lo: Fundtng 5ourccs: L� Capt. Imp. lJ Operoling u o�no� Appropri�tfon Cvds; Atiechmenta: Vari.ance Applica*ion Map Letter Sign Inspectian Report 0 Nane r `�`.. - :,'J �, , ., 7 ' � � y'�� `�{�. R ' l �` � �' �.�' �^£.Ff4'•�'f�,r' f•� '`5�,4� �.t'!�_���['.i.•?`'f7S�� .j t '�+ �'^ . ���C r'„�''�t ir•_1Iy, w�,��,' G 't . ` I«`� }�'''?'V'} � : .:s;i._ ."�:,� .. ' ,'�t',-r'�::`;F, ;: X' ~- �`` ,����' - � i' ,�. Y � cY;°�,ti . r,�' �,°{� '„y }�;+ �'�r �: : f..;�;,:; • '_ . � r.�' �: � �;��•'� +''; �' �!�t'�' � h,� �r,i� ,. ' �?,s',";:".r.:�=Fr-.-: �.! � "r' ��T��°'tw��a;t�',; �: Y «-;�: � .y�,.;.. �,'��'�4 ••� ,� rl s•'ri ie�Fi. -.i'(- 4�•i:�:' �`��t;��. ; �.,'�F��,-`�� ''.'�-;ry�� i�,,:., ; . , s �a 1 .: =; a j•.4 :'r r' r ��*tiuti 7�;�r�, ��- z, -'�4`5us?' ,���t� s' �" ''i�,µa���u� �" .j .�,.:�� '•`'' `'µ�: is�� ,�:;�iri� .:r:;, :a��!��'a '", jT«�:; �"F7�iyr f� 3�:, ' �:�:� .�, .t W,� ^!t��ji ���Ti� ti��t • �; (.ii=ri'�� �3:,` {'�s" .__..,. ,•7�`.s..;rki#u��$: .�r .� a`.'�5:�^:� ._��,� � #. 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(P�exse Prinl or Ty��c, #il�ck Ink �nly} . �� �.�i�'•.tut;��,,��rd:14� a,,,,ur: . �. k �,..k � .7+�.. 1 :.7 i�r#�iy�r�ay`s�� ?:`J�� �;r7:� , •PROP'ERTY ONNFRS NAME &. tIDDA�SS: 'REPA�SFNiATI�Ei (if any) I�FAME AND t�°� ,���'+��-;7i,;;�'�`�q���sY'�� (AUsch I'roo! Per Isastruaions) ADDREiS: �,+�'.'k ;.�;r;,�;. �f� <�}�;,. ��. . n; � t;ya�;:��( + '; Mac arla e er uson Ai�.isan & K�il ��'''�';;;-',�,�`,;'' �i���"���`�:��,�' Ric+ 3rd R. Dimmiti� � r� , F q r � 13 ., �:,,,1<,��.;�;: � ��.��.._ - ... .... • • . ,, �.i.,7�.a•t;� ,�..;;�:..,,.. i -..;�j`'{ 25191 U. 5. 19. Nortt� 2i 5 Madi�on, St. 7�h F1oor ,� �r`��'''� "�;;'' .'� ; ,.,, . : '. � � � � �. ����.� . � �� �. . . ,; .. ' ,�-"�:�.. :::. C].earwa�er, FL 34623 Tampa, Flarida 33602 ��� � �;� ���{��.R• @il 1�T']: OX' �I'1 • C 1 i SC3. .�"��t� ,,.�•``,��..'�. 'IF_LE�'HOIYE �`: 81 3-- 7 9 7- 7 0 7 Q 81 3- 2 2?-2 91 1 :�l .,,_Y, �;�;,� � a � ��`s�;�;�,,� .'� �iF_I..EP}�O�iE ilE: � • AC r�: � 1,, '�� yr 1i'�: �.'7. K,� 1tit��i��'�e� r,� .. ADDR�SS OF PR�PF�tTl (5ubject af Re ucst):, �� 1 g � U• S. 1 9, North ,. Clearwater , Florida �` r; _�,!'� ��h�s�4' ;��� �'� -i q ° � ,.ta i��v ���7.����7y��� ,;��. 'iiS�rFi�.'�eY:�Y4l�i'v i!YQ 1.��'.�4s: 7 LEt;ALDE5�C1N OFPit�PERTY {Subjcct af Requr,st): See Exhibit "A" at�ached her�tq ZONII�iG nISTRICI': �� LAND USE D��IGNATTON: CTF' �� p� 7. 3 acre5 SUi�tOUNDING L,�.ND USES: . Norrh: �xmtna.�� Chevrolet ��Single family 5dL►th: �' .�. C. x� t o way Wr,st��R�ar men s � VAItiAN(� RFQLJE,r►T (DesczibelBe 5pecificlAttach Additioaa! S 12 x 1� inch shest i.f neod�d): Hei�ght: request �or variance of 1fi.5 additiona]. fee� in he�,gh� to permit a�b1e sign 3�.5 feet high. PZease see v?xianc� requ�s� ,ex�iana�ion shee� attachec� he�e�o._ _ � w _ _. _. ___ RE,t1SON FDR VARIANC� REQTJFST: - In order for tlxc Board to �akc thc dcter�inatious pres�ibcd bv the L.and Dcvelopmeat Cade, Seczian L3'].QY2, ail of tho follawing stat�mears MUST 6c compieted: I. TIse varisu� requesied asists fiam a caadiiian which 'ts unique to t�e properrv in auestiou and �s ueither ordivarilv ar uaifonmly agplicshic to the zoniz�.g districi nor creaic� by aa action or actions of [he propertv awner, prcdce;ssar in dr,k, or chc appEicauc bc�usc: Sse at�ached shee� �araqra�h number 7" 2 The pariicxilar phyur�l surrou,pdin�}, si�a�e or tapograpasc.�l cond'uioas of ch� proa:rtv iavoivui a�d tke stric: appiicasiou oi the xavisions af L�e dcvciopmcat code wnisld :csult ia xn uaaec:.ssary �zrds�ip upoa tae npplic:w�n� bcc�usc;_ See a�tached sheet �a�a�aph numher 2 ,, ._ ,�� - -._._..^. _ . , _�,_, __ . _ ,_ � ..� a. 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',i'Y7}';f�,��.k.�,'�',.i ` � ` �� • r.�x.;=`-; I3Y'�sip's,'�,,;f'.rf�`,�.1���� ���rj,y�r.';•Y��tx':� i�.i.Sa�` ti�j •, �� � ����7 t4, : •,�;^ � 3�.':., �: :`'..;.', �:,� 3:u ��=5 ���` .��a: l�� ":S:t,�iii.'f ". �' ;. x'5:,.�k=Y�;�,.^ � x- rt�zj x'{;v "; f.�'�;i9:,�...i:,,'. i •:1': `:ti�. w?��7�`s �'� f��i .'S�. � t,sly'�'r� �+��''F ���±!!�';'?."�:?•'�i.''�#,"i.�E;-��i:� :�f.F_;. r� „�! t ..:�-:. 7s'o{ s a S. 'Ibe granaag oF the v��ce wii] po� be materiallv detrimaotal or i rio �o t!a r ra ertv ar improvt ne�lc i thc asiglsbor�ood ia w}yich tat prpp�rty is lucatcd t�ec5use: S�� a��ac�ies� sh�e� �3sr�gz�p�1 num�7ex 5 5. The gzaating oi the variaacc vaill nat impair An adcquatc supply of lig�t or vcntilatian to adjuGCnt prr�perty, �clract irom thc appaarancc o{ the cornmuniry, substantially intre�sc tbe congcstion id thc pubGc streets, incrn�sc tt�c danger of Grc. eadanger thc pub�ic satety iu aav wsy, or substantiaily diminisb or impuv the va�ue of surrounding property b�ca�.se: See_a_ttached sheet paraqraph number & - 7. ThC varian�� dcsired wilI aot adversel af ect the ubl�c hcalt�, safe , ardar c�ave enec, or gcnerai wcl�arc of [tis coxnmunity bcrausc: S�� ��tiack�e she�� paragrap� num�er '� 8. Tlaa gr�ti.�g of thc variancc dcsiscd wiil aot vifliate the geocral spuit aad inteut af the dcvclopmca� codc bccausc: See attached sheet paragraph numb�r 8 �■ � � SIGNATUFLE OF PROPERTY OWNIIt ( OR REPRgSENTATIVE�: Macfaz�ane, Ferguson, Allison and Kelly Beforo mc, tha uadersigucd authoriry, pusonalIy appeared Gordon J. Sehiff whn bcu�.g duEyszvocu, says under oath thc nnatters aind [acrs set ou� above ar� trtie aud corre.et to tho bcst of 4�is�sr knowfedge aad belic� Swarn ca and subsaz'bcd bdorc mc this �_ day af J���' A.D., 19 �� 1 • r Nocary ?�6lic KI EAi.Y L. QOR� NOiARY Pl1gUC, STATE OF FLO�iIp.�. AT Ef,n�; 'P1tO�ZTY OWNER dR REP'RFSEN'TATNE MUST' ATI�ND HFAiLINC:. �'.v CON61lS5i0#� EXPin�a t's3. 23� 5995 80r:3tp 7r��Ot1GH LYHE5 fNSURAH�r ,"A� }'avtircr of Attasnay oz flataru�d sta�emr�t fsnm �vncr authrn�zing regrzsentativ� - not appiiciblc if Ci �CLS�(IVC LS II�C3�g BSQtIIGj� S�IIg QII �f Oj if1C pfOQCtL�' QP/RCT�S�, � FacF N�'PE Apgli�nas u�ast he snhmiusd �y 1�'''UO fioan on dr�adliae daLC. Rcvi.ccci t11R�) �rsor�FSS��a���r��r�rr��rrt�.�+r*s.*s�*M.��.w�.a����s��r��.���r���s�s�ara��a�r�r.y..r..�r*�.*��.wf.�wr��w Mr+r+��+w�+�+��+�r��rr��r���a�arua���rswr.wrrs+.awa��w��aas�ra�..�..s.��.w���rr�rr�.�r�.r.����r�s��.�. YA�A,NCE II�tSTRUCIiDNS A lication and u�raission Rc uircmeau: L i'�c appficarioa mssst ba fvIly c�mpIcae�, siaaed by thc �: ov�.wy own�- (or a rcpreseatative ot tl�e ownrr)� and aacarzzed. Any saplication si¢ncd by a rcpmr.utativc of thc owne: �us; bc suppfcmeated bv a powc; of aaoraey or aatariz:.d staceastai frcm �e own�r auti�oriziug rcpresesstasive. ProoF of propers}+ owuershi� must bc auac.�ed for an �pplicarian ta bc caasid�red campic�e. Adeoua[e �rooi s�at! caasist oi oae of Lh� f�lnwin� a. A copy af the deed. 5. A cap;� af titic instuanee. �. A kucr fi,om a pracsi�ing attoraay eanfu�miag propes;v ownz:zisiY. ; Tla� a�upli�atian slaail be fi'ue� al the ofiir.� ai ttee DevrsiopmLa� �:cres� �eminesi: a�ur. .=+� tne a:rt� ul �iing, a f� s�li na paid as:,ardiug to tfsc currr.nc scueauic Qi «L:.. �- �Y �P�ary iniarmatsa� :�cttibits, pizas dr mans Wtucn ar� �a ac: amnan� anc cunsirtu�c nari �v in;; aapiicauoa:aaL � Suam�tiG;. toctzih� wtL^. :.n_ �ouc.lUar,. ~ni:r.;.::. . :�. :.a�r:.:. s. al. su�:. .t.kum4n�< <: iu� :tias � = ., _ inr��. s�:1i: �e iwteua�: _� :ze apa"ucaa: :3r :is::ibG:,a�:�. 5u.-��s�.. 'OTE P...£�SE B� �Fri'tSEL ��."� °c�'�i'�fi�a'1�7'� wP�iO� a� I} .��'��` L:.i:►1I.��T�� 'rI{� �LEL FO� P��R��I1"� AS REQL:iRED FOR S�GNS 1 !'� ".1�:#�"���t� gi';'ir�.y�r�,?;'.� t'�' { ' tri+"��,�a��'�;1,lRf'�t i}�+:���s�5*� �dy f � �i�'$S �i � T�Y��s �n���. ,�; � > r;. -'t,�ar. 1�.�:; h{ `i� i l Si+ *��,�1��I. r . ..44 �:i 4�iF�' „' �4, t•''x�i"'.i� . '�I�'4�16�� �� y � f� � Lr�t ,,' ..����� . , ii��iK E Y� - . . ... - �t:r'�'."'""+...:.,,. . . . E � 3. �� t �� i n� Iy3 `�i �� ,5 I�', a' • � �� �' . � ''� Y . ��``� � � i�� � � f;' , `,+1 7',}f �r:x' M` Y}I ��� ;�,�• , �1:4��� � �." � �3� ' �j ;'� ._• ��� 'l: '�`�`�a? Ji��; i ti�.'��,.� ���y:; 'Za.�.�l�� � .,r,��, � �'.r L, ���� ._... .'�� . �, 2 ,�� +. :,<< .� : i�# R I: � .�� : k �r 'YV�,i <1 �._Y . � w, ',s , �b�.'z�F;,���'r; � � y '�������z ,'. �1�� ai�S�`1 1�, 't3' ��>r�r``�-!`n.l1,. � 1 r l;i�� �:Y-.'ti,`�,' y�Y4 .Ft1• ��f.',t,. � ij`a� rf °�`''j'.7r; � ,!'.x,' � �,.���'. � . ��< �°"3 r `'�'�'.�'r � �p�Si,ti." 1ai. �� is: jzt;.�i �y:.i } i 11 .';. ; e � �' fL { tCS;' i% t�: e�y"�� J �.;�>��:°��:%i., �:���� -f ��'Y�,�=t� �3`t �,,. �[p a',�. ;.<�.r, '`i a "p } �:�..�.;`�''4i�'`�.;�::;. _ 0 r .�`Sr l +l�.MV,K1�}.� 1,1�',i...;,h7.`��'tt�•-,:�yY�.4}.��,�S;Mi��w,�^T?��`�:�tu��ytf'Y,f.C.'y��*:;['F;1} •r""!w]' �f}.A!Ti1Y F4�:.✓jw�'..5��' �• 5e ��R.t>�•' � , � S' , r Y , 1.s � �� . . . '• .', •. . . � �.i ' � °�.: � ' t 1� . . .. . . �i�t�'� 'i' ,"t��'!:�,Y�a�rytii=�ti:.i .,��.;,v�•': 'j.f;� .,. :t:7,��..•�,�I�i�:.�.r��4C:S: ... �,. _.�.d ....�. ,�.° . �.��j:s.�.-�4`. <'C'(� , 2"4r,)f:'.."9s,i5:E'�. . 51:1�n._...,....'�7....':�.�n;....ti�ri:lr.ic..�NU! 7`'i;'S�_ Y7y�!r{�'�,,,`i� : .'�� et��.a � • -:...r, � ; �ri«1:f �(?'�''� 1� _.4ra�w�:��ln:�"•��•. ��L�'��.1'Y�rY"�,�F "t' wi' t.t" .�'�����•':�Y�s :.y.} S'�..���`�:�.��i.r�d����Awil' u���•i��:-Y��� .._�saLu.._.,. r :�.V , t..}. .} ��f. � �.'•b, _ � . . .�.. . l �r�,3�,�r�.s.+�,.; 4:i�+��:as�.'�'t�;�;e ys' , i�'.�,� al�tY_.� ..... v��"�.�....3:k�1+. VAitIAHGE P.E UEST: The praperty awt�Qr xequests a vaziance fxom '�he sign h�iqh� regulatior�s set forth in Chapter 134, Sig� Regula�ions of Tftle XI� �and Development Cade, to permtt �► p�ropa�ty i.den�tificatiion sign, whlch is currently located ati Dimmitt Cadillac. The genQra], lacation of �he sign is depicted vn Exhib.it "1" �r�sehed hereto. As part af this ��quest, the appl3canti wouid p�opose to remove ths "GM" �ago on the exis�fng sign so tha�. the surface area a� th� sign wauld he �.ess tihan Y12 square fe�t. Specifically, tihe applican� requests a vaxia�ce'from the height regulat,ians under Sect�,ans I34.010(2)a.5. and 13�,012(1) to allaw the existiing prap�rty identiifica�ion sign which exceeds th� height �egulat,�on� by approximate].y .16 . 5 feet . ].. �he trees, po�es and power 1.irtes located at the front and savth si.de aE the property obscuxe the vis�.bility of the business and wau�d obscure �he sign if it were Zimited to twen�y feet (20') in he�.gh�. in addi�ion, tihe si,gn a,s set back over 40 fee� fram U.S. x9. FurGhez, �he property has approximateiy fi50 �ee� o� frontage on U.S. 19, 535 fe�t of frantage on Thizd Street Snuth (to be paved} and 270 feet oi �ron�age on Chataqua. Based upon ihe �o�egc��.ng, the variance reque��ed ari.ses �ram a cond5.�ion whi.ch is uni.que to the propexty in question and is neither ard,inari.ly oz� �niformal.ly applicab].e �o the xvning district nor created by an actian o� actions of the pr�per�y ownez, predecessor in title, or the appl.icant . 2. �re�s, poles and pawe� iines alanq ;he �ron� ancf so�th side of �s, � � , : .. „ ,. 4�{ �. , ' . � :. � � • �. ;_� �1.�f', MYy .��,. .',,rr� �. # ..�—: ' ..' '� ti'. . . . ... �. i � c.}r-�r. , r. wf«.,� �-�n�+�+,+:", �. �ry•_' ,�� h 1 . . . �� 1 i `i..i�Yi�'�r�"t, ���.% � '" ;; Y �}��,=il �'�'� ,;:, . ;� �i;t���,r a `� . 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'e'�� � ' �� •f 'J A �' i iii ����?�?3:L. ...:.a�fr'.�.�;..��`......�.'�F'�.�i�f�ir`�,C.:.�:t_�:.??`.{:',��:Y.i,o:3�-�:i�s,,,�., ...;s� sti�`:i��� •g"�'Y:�,�.u:3�`^4��f�tTPT,i�Yti.c,.•.,_r�..:.�_i,w,�s..'���.1:�'k�'�ac....'u::,'r._ _. �, �;��t%ri;g�:� � ��i..�.���t"F9t�}`.1�. �`�,��, h53ti4,e'.r,.i�.?"I` R ,FT�NCI'i`.` 7,. ;' ,:.'. •. � e��i�'�aY;� b',,.; ., y�i�j�:-� 31�: i;',� �� 2?i11;�:':' 'r!. �� �r,'^���,3`. �;' .,,�.. �,,_.�',3. �Y �i: �. � f, �,F�S��t}f"r'( n�`�l �': .�rs�� �� e ', i',' • ��ra�i:�;a °;�. , ;l ; 1,�' 1Y'i�: . : �`I'�'r' •F�,-}•' •t� �,; r.� .� �'' :,r; ;e��`• . � �,�4Sf. , .. ; ��;;F'} .�''r�,i��� .ti� �C���, ` •+` „ ' s 'y � . �:��;t�,',,i-.��u �` .. �:.-.� :' • ; ; ;: =;1 ��'��"•�tl `'` ,`r�1 . ',`���:'�i''-?`����r';�;�; ,:i.' .-', i.' ' . . � `S.:Yt7:'r:V'.ti, '�` Y} �-.,,..r,F...�R��y.i���ti 31y;.rr�;,1:r}'*;��)�.stw'��'::'fTV,f; f�t �C3 �'Sr:i�;Li,.'.l';} '�}'s •�S'�,!?�t..F`•L;+''•..4�.��ri:r��v�x: �}'>Si �iiZ ,S� ' ' . F'11...���. �'. r tr.;t.: �k�•r'�. �'��r.:`1S',�„ .. s- r�r�;'�',��r''j,�,: r. ���e�,�, ; '�'�=atr,`x{;- � ,� . �;Jr�.t''."�:..�� �.,. *. �� s. ^,fiif �4 .A�:...'., �'�r�i . .5���,. :f��'r�• � 4t�?:�') °�t':C.'. . .i� �1�' �''1 py p. ��r -.. • • : �:.', =l'i= :1 n�•1• �314' •,.-•, ',t�,�`i •I"' °i.`:{�'k`��:�'''�•��'f`��.;1'''���+',`4�i`! ,�_, ' }�,' ~�!„;'��•? ;� r '.v. � C.^ r. � ' �.�, . s'�,S�k.'F.�'� ��.!.: n.•;;1 �.•:{'' , {. ��,��. .__' .Si .�� � _ ' ' „`,..j; `.i., s, ,g...... . .......u. ! „3' ._.. ._...._ the praperty obacure the bupin�ss and would obscure the sign if ].j.mited to �wen�y fee� (Zb'} in heigh�. Further, �he existing sign is lo�atad in excegs o� AD ��at frpm the U.S. 19 roadway. BaseB upan �hese pY�ysicaX constraintss, a strict application of. th� height pravisions oi the d�velap�enti code wou�.d t�e cantrary to tne stated p�rpo�es of the develapmen� code because i.ti wauld not enable the iden�.ification of �he bus�.iiess, �aauld not allow fo� GQRLtilllil�C�t�0�1 of intoxmation necessary for th� conduc� of th� bu�i.ness, would nat pezmi� a sign that is cnmpatible wi�h ,its surroundinqs. wouici no� aid ozf�nta�ion, wau3.c# not allow a sign that fs eppropriate to xhe zaning di.s�ri.ct and the lot f.ri which it is ].ocated, wottld not al7.ow z sign which i� the minimum r�asonatsly n�cessary ta iden�.ify �he business ioca�i�z and the nature of the business, and would nat al�ow a sign height which is appropriate in ze].a�.ionship �o the scale oi �he lat anc� the bui�dings on, which tihe sign is pl.aced. According].y, �his variance is necessary to prevsn� an unnecessary hardship upon the applfcant. 3. �.he heighi: of the sign is the r�inimum �ea5onahly necessary to id�n�ify the business, al].ow for communica�i.an of in�armat�.on n�:cessary �v� the conduc� of tih� business, permi� a sign �hat is cc�mpatiY��e wi�h its surroundings, a.id or3.entat:Can, allow a sign tha� is appropriats �o the zoning disrz��ct and �he lo� in which it is l.oca�ed, a1Zow a si,gn which is the m�.nimum reasanabZy necessary to identify the business �.ocation and �.he nature oi the business, and permit a sign height which is apprapriate in relationsh3p to , �. < .. . . ,•-......��..�w ' � �'Qt � 3 T 1 2 � ...ti .> , �.,� .. � ..., � :...-!,_--, . �- . ., • ..�,.,.. --,....�,� '� i; - �'�1 � 1 1 a �', 1 �u '�S: '�i. k_' il�, Swr ,�, w � �-� � b'� y�� �;� 3i:���A �� �� `„�,�,�,f ��.� �����"�°i µj}'.ti���'; `q". l4: ��.�.1�,41;�=��'„i.�.3 � " � , � � i i `. .,� ,',''1'r�F: 1 e'', � �� .i�.!' F�=`�. • r.��,f, �:,i'n; �'. t c�;';. ; �.;r., �:rc:. . .'��'� is� .?33��f1'�'i •' •.,.?�, . ..s� �t.�s�: ,. ;: � �."+... ,°''.?��1��' t� �'� i �'S., "+"' ,,; s�. F y 'y.(. (�?���;. . �' ��'" �?''.�!J' :(�:e� �'�y',�. �1 i� .'�` ����s�. '.�,=�, �':�•�r,.� 1 ' •:�,.i,,�=� :';�'`:�;°;:`;: I � Y��' , '=�ti`�' F` �, ' I .' �x.`�!��'�,�.>a+,,A�,;'{'.5j'i�. ' ; '• ; �t�7 i+w= �f,�5'� .t'� �i . ' ���!„4' �r:,�,��`:�r,�,�"y�t�;!';� r`��3���3� ; c i.r'S' •.. -r': �"��#.�i.1�'� r �t�'{�1 a `5+�' :., , �.^ f � y�„� � df��. � �s�1� ti����Z'' ..�,��'�� � + A :�� � �� . ,� i� •------- - - ; r..4 i,.`'�"f."y�:� �'��.1��k.:. .��,;�f ;°a'{<"r"",�.�'�lT'' - �,,��p��:;,. .:.nr'-t^�!�j!�' ''�'1t '.'e�. r:. 1(�,�Yr h �3 'i,�'�'"t?r5? f";ma.,:,�9.,,�,1,,.,i�c*'.�.;:�'_t.,�,..,�,.,,•�r,.,•� .ti..,, r,'�., f t . � . . .t��, . . . -��'°� ;T�♦}� ,,�.°�T.�'t,� r�7 . . S�.S; . . t, ' i� �k-'i U���,ti.y � � �''r'�p # "5�s1 'ee,'Y� � '�Yiy�' r. . � �e , ,'i,,,.r:,4•.. ".ji.._ `M�•ti;. .;'�4. �"•,' �,;.�51.�A.'`,�j+�y5�i=<y�n`F��'��:.�� t. � `i.,���5 �� ,.�,� ' u •t,.: ;`'�`> 4� R" r.�-y ' ',i� �'� `'' `! � � � 'v �* "v � :�Y, I" � M�i�F;:;f:.� , '�j , � 3.``��t•� : ' ii..`-�S S'. Yi �4 �S. � ��. X 'w,i''�rEL,j?�C r�, -.��.��3........,��„c c`... ..^R;fi. 4.,i'�hu� ,,F`4�`:�f. . _w - .a .. �,i� E'...'t�.,ti. t...�:..�ir....� �irn''? .��_it'.rfi.;,.k�.��.ti �. �..z,.?�+� � a: ' �', �4 � :L ;� �}�e � r � t;�+'"+'� �', � t,.� � ..'» ;, �.v �, ,t� r. �,,'iR��?.. f f f����,a�, �1 .,�;5, il`�` � : z ",.;��`i'�' i ' %r, „i;i S. )F .. : . ,��i..l.s;,� 'y�: R.4�."� .J��i�,. t� � � n , . .�, the s�a.�e o� �he lot and the buildingg on which th� sign .is placed. 4.. this va�iance is necegsary ta meet the sta�.ed Qurposss and intent of �he �i�� �egulatierns, whl�ch include �ha ability ta �identity a l�us.iness, alZow ;Eor the communicati�r� neceasary far xi�� conduct af the business, perm�Lt a sign that is campatible with its svrroundinys, aid orientation, aliow a�,ign that is appzapriate fox �he zaning dis�rict arid the Zot in wh�.Ch it S.s located, a�.3.ow a sign which is the mini�um r�asonably nece�sary to i.denti�y th� bus�ness locatian anc3 trie na�ure of the business, and es�ablis� a sign he�,ght which is app,ropriate in �ei�tionshf.p to the sca}.� �cf the �at and �he bu�ld�ngs on which thg s.ign i.s p�aced. 5. the sign is �he mfnimum reasonab3,y n�ce�sazy to ident�fy the bus,iness laca�ian and the natuxe o� the business, the sign 3s appxopriate in relaiivn to the 5Cr3�Q o� the �.ot and building on which th� sign is p�aced �spscially 3,n ligh� o� �he signi.ficant setback of the sign and the significant �ron�aqe oi �he subj�ct lat, �.s compa�ibJ.e with its surroundings and i.s placed in a mannes �hat does nat canceal o� obstruct adjacenti land uses nr s�.rrns. 6. �he sign is compatible with its surroundzngs, a.ids ari�ntation and daes na� c�ncea� or o�struc� adjacen� Iand uses ar s�gns, and is appx�opziate in reJ.a�ion to th� scal.e of th� Iat and the buildings on which the 5ign is p].aced. . , Y `, ' � t . � , ' .. ` • . i4;�"C?...,�.r. ,. ;y�., , _. . , , ' �, r �] , � �k3�,� +�� �i;��� . 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"dr..e �,�� '1 r'�� : '��t.��.�f."� ;sti :s;;.`'aRk`:, i,:,:e.• ; K� r�`'•�{ .;•�r:;�4'r=i�'�� . ,. �� ��j;i; i1z�;=,�' �,�c:;y�; „'�{ :.i i: �l ��� �,%i'�'Wr:i':!� �:� �:::��:>�'?�;... D�1'AR'fMEN'C 0[� t'LANMNC ANII DEVELOI'T1ENT Telephone (Al3) 432fi553 �.r t6, y�si I}immitt Cedillac ([)scd Car�j 25191 U. 5. 19 North C1e�sw�fer, FI.. 34G23 i]car Sir ar Madam: , • In IS►85, thc Cle�nv�ter City Commiuion adopted �tYn regul�iions to impmva the Nppenrance nf our eommunity. Aa p�ri of �he�e rctui�tian�, euiairts �ig7� �vhieh da not eonfarm la Ihe ttgulalioni arc rcquiried lo be Urourht imo compli�nce by Octohet l3� 1492. You mar h�ve drady rcceivod �ome noticc af thia nqutnmenllhrough oup octupaliotul llcense o[fice. A rrcmt inrentory aF nll si�ns ia qm Ci1r s��ar+Yd lhol one or mare xigns on your pmne�ty arr oat in earapifance witL We Cily'�:ign regulationi. The problem wa havc Identl6cd wilh rour aiyn or aignt ia mare fully described bciow. � Your polc �i�a, which wao clauiPied �� your prvperty ideattl'ie�tlon �iPn, wa: delcrinined ta have � rurfice area greilerlhan I12 �qu�re fcet, Ihe maxlmum :ize permirtsd for your ealabliRhmeot. The height of your pole tign i: above the �Rowahls m�ximum hei�hl af 20 fccl. Ynur tr�fl3e directia�l a3�n[a) �re i�rger th�A lhc qirce �yuuc (ecl perrnitted 6y llte tign ngulatioas. Pls��e 6ri�r your ai�n dr �iga� inlo cnmplirnct with the City of Clesnv�ter eign rrg�l�tlons nn or bcCore October 13. 1992. Failurc la eamglr xith thla reque;t may re�ull in cade enforcemenl tclion �nd �uhtunti�l fint� {up lo SSOD per day). Ple��c ohtain � rigo permll beforc rru�iny iay �ken�ton ta yaer sign. Yau may c�l1462�6555 or 462-b5(5 to nbuin psrmitting inComti+lio� oro�her informe�inn rc�udinr any modilie�lfonR you (nterid lo makc ta achleve eompliance. If yau �rc intenrled in rceeiving lnformalion on haw �o �pp[y for � v�riance to Ihc iign rcgulntions plcare e�11462�567. Be �dvircd Ihat you wiEl h�va to prcrent inform�tfen Rhowing n uniquc hardehip not �elaled to financial intercel: i� order to oblii� � v�ri�nee, ihe clerren< <ee for v�riance �ppiie�tloni I� S4i0 for ehc fint v�riancc =eque�sted, pius SS0,00 for each additional v�ri�nce. If yau kcI thtt �n eRVr h�� been made with rcg�rd to our me��urcment of your �ign or �Egm, or if you h�va quesilom eonecmin� 1hi� ieueq pla�e crll 45I-G535 or 162fi365. 7h�nk you %r your conperetion in thls mstter. Siacerely, a�� a�,�P�a � Scott Shuforsl DevslvpmeM Code Admfninrslar � , 5 , 4 ' -, �' y T � n . . 4 . . .. .. �. .. .,,. . . � „ . , �. � t d . i. . � . .. � . . ' , .Il , _� , � r ,� - � � i �K+rr x,c v , ,�.�F". . ., . - . ,1 � ..;'ts., . �Ai��:�.w�..;�,�.�.}��':r��Ct, F- . � �,+Ar, �!:��1'�J.;,�.t�1�,r.� .r'�,. � ,.�,,.,,s���.:.. . . r� .r' . � ` . . . � . .. 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', � ; . t?�;�5 i.� �:',:''�'`;,;; ;Y�'::�;;'�',.';�•��'�;`:��,`_'... .� n'U�'IFICATION Oa� COASI'].IM'CE w�;��� .R.� �� ,_ : ��';, . : � � r� ������� .;ri`�1��;'ibai`r:�:"���'a/.tv1.t:.�''0 �t� ,.t, f . f��' � - ��'i. .� staJ�'{'.',.• ,. � , �r�. �y]�v�l(1�t'? � � e�'� ; t'rt. C� .5:^'�'•� , i � ' �.'L�.. �. 5+;. ,� iY.,�'' ��' ' ��Y�.-����yi Si� - Y'* 1 i r' � �` � ' � : . f � �� {4� ' '5�.��.:�'':f x ;i;r.�� j..r-: �; S�_ x��F'ti'' �'i�'� � s�=.�t�: . ,�.�.i,^�;,��: _ , y,•� c��w.w.� L�, �' ���,�� wG. CI�.S�e�• �' 14�s� �.�-z;�"��}�r �j'.,�;i � r.�- '��',,,.f.�• Qr AUSII1C55 �,FC .;!r `� � f �� f�,.: lt_ � ��- : 1'� �'t l� c'1ri1C ` a � �;+��,,`� �5. yx . :: "'`1i':,,f'��,i:: `t � �� � t ' te• 1_ :'i4 � � y ' `�',a '! ` ,'i ���:-� • y ,•.. . , ; �, . , , . 1 1u 1y�_( . .�'. �.1 �: T g. s� � r 1. '. ; . _ _• 1 � �+ y� ` � 'ky'� j 'l:�i��l4�1�1* Y �' � ~ "'��`�,;E:�-;i'. �-�'_ '� Address � 2o t r[ `� � " �� "!F''' ���:r�',:,i � � �� �'`'`�'�.�`�a' t � ;''�, : = �;, a�� �6 ,� �., - ;.�.. J .. � . �-,x.�� � ;x . �'�i?t jtia•. �f�.. a 4{.:i'•" .;% a` ''• �,°, •� /.�t: , . ,: � '.ik �', � � f i 5 ., :It i: .. � ���y�<`. a'L �' ���� � .;�f� i!,r . '.�i.: 1:�if . ; . . � . ,r,��`y i ..: ..• :1 �� .,':., n �-. �, �.�,r : ,(r1' t i,� ; BJ.��� �"���Y��Fe'�'y;=��; i�:'-'.r`; �'��:�.'.,: '�'��� .'�� The crrnit�ec! size and t e af si ns autliorizeci t� tiie Si n Re ulatians de end u on li�e zoni ¢ {�.�...,. �.. ��;�.�,.tiA� ,�s:�•r' ��.'. �:��.i ;;; p YP � Y L� 6 � P ng �• � ,':t�,L'� ���`..'t''..�.� =•°f..: ; =^ z.: �., , and si�ing of Y P P )'• �ti; , :;, ,.,.,,<<.....i:s�,� •>�:.,-..-,,,.�:s� aUr so ert Our reeards 5ilU1V t1tia1 �nur roperty is zor�ed -�:js����,�.�.,i.i�.,C_ ar� J�ri.'a. �'.'i'=`'�..'� '7 ' �#a.; � ':,,�:;,;::,n°:�s'r'b'� r;::��-:,' .y.`� .�: • C�N a��d lhat �he siEing oi' your property is frce s�anding (otfice cor��plex) :� `�: .: ,«., �, ' ,�: .,=�� � �,�'.''"`s`:�',��''.��:t�,., `':.��._�i;T•'t�..�;`-vF� cnmmcrcial ca � ,� •ri,��;ry; �" :�r.. ,;��,4� ( mplex) (induslrial com��cx) (shopping cenler)]. �, y . � s-�;�- N , r � "� , ��.�-��:�.; = ` �R t,� '. } � . �, .�, „�i.�'�ry.. 3 t'Y` ��s � . `' �P•� 1.' '°y[.4�•'i .��,�:}f+:��. � A� �.°f v' d, ' g r .. � �� � � � .: � � ,i •'Y'r ^':.� �!�� 3+^t- ; ;LL; { i'�''r,� ��;.��'�,i�„,�. ,:��� � �-�,; - x , �.. : i �, �}.�. ., 1�y�9�� ,�;�r��i'��4.��;^�ti�' •'"`.':=�. � 5�: �� ► n.^ x': x�u:<�%�;, � ;•^.x �: � 5-• ��� s� �,`` �,t.:.�7�';:;�.- .�.,� i ,1:�y�jFl��. Y:,'�'r.7�v'i;,�. �,1� }.,� � �;";;`':f',k�s+;Y:^�`;- �-�`:.#T ��`'�S ' 3�.;.. �-���;.,.�,i 3� ��;�:;►� �,;�., �. y�y,r±,�� ''�{�� „��ir:e,i}:,i •'�"E} ?`l'.;�xd.14i.� ���'if�.•�,r:.i_...' �• :' .�� ����:�.4 ^ �, i: ":'•:st�, ' y<;ti'' ��,%. r.y� �M1, n�'� � ��.�>>:�` . 1F 'S� S+i�Fe �,15'�E��. � t �:�xl',%`S� �t $li�i :5 �tt','� � �'.R� e ��3 i �� rP � 4�. elt � � � � +f: ;`t�:2t4�f .��.,.ti . ,!Syi `Vk `',a °,� ��: ;�` k ' ±,; ..J, ����x s �. �,r�' %ry`s. h �i'f�r r.......i�; { :s5 �J f iL i �,f� ',,'�.;..t.;", c�$: �.�;�1 i r['•��'n. S' ; w � �`"w'�'��'-r��r�.lL''�r:` ��'���k'-.�Y�.� � �QhLl' TIIOS� I'�IRAGItA,P�IS BEL011' ��'iilCii �PPL'i' T(1 TI�IE PARTICUL/�R PROPLFtTY Zi'ILL �3� USEDJ � �'our �'"ole . (iva11)Jgzountlj sign, �[�I[ich �vas clas�i[�cd as }�nur graperly idenlircaiinst si�n, w�as eEermincd lo have a stFrface arca grea�er il�an �7. �square feel, lhe maaimurr� , size permittecl for your es�ablisi�men[. � 1 - I3 �'our [(}�olc�7(grouny�)] sign is wi�hin five �e�t of a proper�y 1ine. The enlire slruc�ure e of a sigr� is required� lo be five feet ar mare fram any properl}� line. C Yaur ��lej);(gitiu�id)� sign(s) are �ocated cIoser ll�an the required ISQ foat segaration reQuired by tlie sign regulations. D� lieig�it of your poIe sign is abo��e the a�lowable maximum h�ig}7t pf (24)..(2��] feet. � F � Your ground sign is t�igher than the permit�ed height of (6)��8)] feel, . .. .. i..v.. 1 1'au ha�E mor� Ehan one business identircalion sign. The sign regulations permit only one such sign excep� for businesses on khe corner of two �esignated azterial streets.. 5�::w.. .Yy.l.�.....r� yi..�.,..i�.;.v:kY'^YY.... Yo�r business identiiicalian �C�uall)/(pro,Jrc.t�ngjl(cano�i}�j� sign is larger lha� the � square teet permil�ed for your busiiiess, li In addition to your property identifcation and business identification sig�t{s), you have addiEiona� wakl signs which are nat ault}orized. Oniy signs speci%cally authorized b}+ lhe sign regu�akions are germitled. , ' , � 7'our trafi'ic directional sign(s} are larger ti�an the three sq�are feet permitled by the sign regulations. , � J Your drive-through menu sign is larger than the 24 square feet perrnilted and is cioser .- y:....� . ,.,..�..,.�.�:�.,�:>.....,. . ��... ,,.... �<, �...w�. han the 40 fo !o ;�4res��er�h�lly.;�one,,�roperty)l.�s't,ree�h:nglii: of�,.iv.ay�� t ot se�back required by thc sign regu;atioris. ���� ► . . i • � ..,...... . . ,. .. n � � •'� ! 1 . � i; �' �� �,�; i, 1� k, .t • 'r' � �; £ � 1 ��. :�" � , �.�. ���' � � "lb �y � �' �K . ���; ? : �ry�.j�J; ;'�rs • �` 1 i # 1;� {r� - ��'�� y.i � ,� �! • 9 S ! �. . ;. _ti �� � , �{-� ti�} ��.� L' �� � ��� � f :��,....i.S.4s:.4;t�'- ,.;t�.,�t^.,r.t'�"'t!t,'.t..� t, .. .. r. . �• , . . , ..,� . , 1�^,..�.:... ,�,.+.,. -� '"';yC+�'47'.ff�,"1'.:'7.��S��Y°+k,�+►�r'}f��'�3i4��{�., -.��. ��' �{ '�rk�� � ����i' �° 'o'• , � " _`��' . 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' ,7F�'i .`t�rY;:''�.� �i.,�. � . . . . . � • � . . . .`�.' ,`pa,�e" ` ';'t ;-�t'.�.1' '. . �' .: . ' � -' ° . . .e i%k -�r%~�y: E . . , ���7� .;r�'S� ' w �".7.�.5,::�iY.[i7,.`��".�t1�. . . .. . . . . .. .. .:�i . j . . . ` � .... .... .. .. . . 3�� . �� . � ' ' � ' � • i � � � f f�E�� M�� , • '� ... „ ., s , .,�,.,,,,, , l'q{"'�t�f �k� . � 1 .. • �1' i r4. � . . . i . �; � • - � ° , � �``s,, �'f�� CLEARWATER CITY COhJEMiSSION i. � �� �• � � •. .- { �, � � . � �� 4 Agenda Cover MemoranduFn . ..,: ;{ , �,` ,, , .... � � �Q�'�fEQ���("r� •f ' .i � k• � . z � . ' � .. . .. . �n.c:... ,ncl.� ._. ♦4.►�c�Yw ' . . ... ' 1 {,' `f�'J,d,'.E`7 �l;;R'�`s. � `, , . 1 i•3��( �-'�:•i,. � ��� �� x I , , . - ..1 'k �; � � ti '; r, '`�? ' . �`:.. �{,���ro�(.'1:3�i.•� Moaling Rala; �� f ;•; �� ?.�;'" ' . • � ` ',r A t A .• t• •°1; 'y�'` = i ;;. .; : •. �.. � c. . BUBJECT: ,.' '�, 1'-;�;`�5`�° 'c: . . . :z,: � •4.' . , . : .;i:� .�-:�.�.-',i,•l'r�,•,.i{°'. j�..:��. �;;:�4+�:�...;, ��, ,�t �.. ,. Variance to the Sign Regul.ations; 60� C�eveland 5treet (SE carner of Garden `;:� :•x F�,;;�-,:�,;,�.,���. �� � "'���� ,�''� and C�.eveland) ; Owner, Ma�ia Real Estate, inc. ; Repr�sentative, Itasca I=:.��.��'�� 3' �''_��`�� i�1;;� � ,i.. =`1.=; , ."`�.' . � ',:�Y;:..::7,��• i .�.• `�.; , . Cons�ruction Assoc:iates. (5V 91,-].6) �.�;���°; �� - �:;.=,r�?°r ,. _ . : . , .. .,: � :i _�. ��.:a �•��; r�.•''_+.;',: E'� a ' `r:: � ��[�;�'�y� `' , .:,,li�'"= ���'� , � , , REC�MMENflATIObT: : �� :� �°,.-� �:�. � �f. a . :x:,' . ,�s',-[`;'t:,, i�F C�..,�;, j�' �-5' '�.��z 'r��� City Commission apprave var�.anc�s �or: (A) one addit�ona�l business '. � +��: �;='';c��•'s�,�,; � �., '. "',` t f bi d �;��;°f,�{,�:�s.,-:.,», �:,r. i � ....: ,.i; .,,}.?:�.��,.,;� ��,, .,.��,�� r. identitication s gn (to�al at three) to per�it the placemen o a cam ne ;..�;:; ,,':�� '��- �'� �. '�.�;�;':�`�°� `'� I building identificatian/directaxy sign; and (B) a3 sq. ft. addi�ional surFace ,.,._,.,.,•..• •.;'�1, �.;,. . �-'�� `*�:; :'•'�--"� '° `. axea for the business iden�i�ication sign to be used as the building '��"�=�-��''���'=`�:'���«;;�=,,;� `�� - identification/directory sign,, 5L!}J]4C� to the Follawing conditions; 1) the '.•t �1'f .:' ,' iC.; , `�-,�,.r.�,_,-.:�. �,• �' ` • area oF the portion af the sign used £or bui].ding identifica�i.on sha�.�. no� � . . .. ; ,. `;: :�, `. ,e,•..g^-,.. ..,..� . . , ��-r ,: �. . 'i ,�,..�:, t,�;� ,,; :..-� ..__ .i , exceed 35 sq. �t. ; 2) le�.�ers for the direc�ory siqn sha�1 no� exceed 3 in. , ;'��"'�"'���° ��� � i in height; 3j the overall axea af the partion of the sign used as a directory ' +�=l�kz.., : ,:. � ; . - ".' ��,� �f-� ��'� '�� � ��'� sign shall not �xceed 56 sq. ft. ; 4} al� required permits sha�2 be abtained .... ���; ._,. ,'1 ^i 1 , ,. ` ' ���;�;'� ���� �°- .�`;�: ,;�, �.�.. ,:,. •:: .. w�thin s.ix mon�hs af �.his pubZ�c hea�ing; and 5) �o additional busi.l�ess .�!���� �:�;r' ',�t., identification signage beyond that presently existing and that proposed in this 'IM� i. Y��� �� xe ues� shall be ermitted ':_..,,',;;•��i.'i�: !; t��:�t.�',:z. `;� q P • ;r;� y;�:�.', "•. ,Z. •., .� ��'Y"�?`'��:�'� =.��4� ���:�. � ��':� � � X Anr1 that the apprapriate offiaials b� authorizec� to execute samQ. �•Y' '.f•�'• ".�'}�. ��, �.�� .; } ','+.3� . � � • '.S' �'��^• • � 'r.�. , ,;•; - � _<�' •': x�° ,� BACKGR�IIND: r �;;'.;1ur 1..',. '.�,;1' -., ''�.:: al,�. '�,", ,'.: ' t; .',. .,.,., .; .,E.s..� ,�.,.,;_� ��; <,�<<�'.:`,:. �, ,. The app�.i.cant a.s requesti.ng a variance to permit canstruction af additianal t:�. ;;�'..: �•:::: .'• , i, �.�: ���'', '; ��o-.;�'.i� �'.'.: , .� �, ...,,.z .........: .... .... ... �. ., signac�e t'or identifica�ion af �he Sun �3ank bui.lding (to be known as Atrium a� °�°{ �����'•����:�:' ::`::'' :�-� `•� '''`' "•- �� C�earwater Squar�), and of the businesses within this 9 stor�r builcling. The ~�'�i;s.�a..-,.;�:,,�..:�,��. �•�..,�.,.�: •~;F` �`z: -''��_'' �. �'. � re uested sa, na e a.s rimari.l ta assist edestrians in locat�n the buildin � r' -.�, -'1+��.-; :•.� _:, � q g g P Y P 5 5. '��'f ��::°.�f ��� =�-.� � and �he businesses therein. The City's sign survey taund that the existina ':� " �?:� °��,ye' '_ �r, ;.. t `:3.''�' ������•�� ���: �r�� >°�'-i,fF� �� � signage �or this building is in compl�an�e wath the sign regula�ians. :y�=`ar',, ;�P`'�;�_��r,i .' a:�i_'�. ..., .. , : ' ., • .'�:':-� -... . . � .. ,,�,i : . �`� `�=_�:���„���-'�'!"",'ji`• ��:�'�'�"�``'rY���" The sign regula�ions restric� signage �o business identifi.cat�.on �.n the Urban ';a'.-�;,::�F"���:•��� �'+� ���.,�r ; ';:,�.''.�':`s�- '�'��Y���=����� ��•;�. �' Cnr� aistrict f 5eG. X34 lfll t 3)] Thi� sec�ian appears to be designed to ;t;�=}=°;;:+���;:,��,;,t''�:���.°��::.,`;�;�'-;��,:�:'•.:�' control si na e for deveZo ments of one or ttao stories with businesses side b �:�s=•�;',•';`ir'.�'��`i�'s��k��::�''��_�`�:�'��'"=;.'°�.. sid� rather than a�adve each �ther in multi-story office buildinc�s. The�re are ..,�"�,'��� �r'r� . . r .;. :. , i' ` �3� 5: :'„• u+°°�����`=4�^,��."�'.'�1':.;:�`,�9;; ,����;� `'��' no provisi,ons far buildina �.denti�zcation signs ar property idantifica�ion a.1:;.�r; k�:�'�` t.-'���.t`',y, .;��..�: �' � : � -- - •.-�•~�-�+, ,::-,s .,. '� �°r=� signs in the Urban Cen�er Core distric�. The sign regulatians do prnvide for ,1 � t � ' (`�:�;' �:' �. , - ti%?'• '; � � .3�.' ��_`,'�:-• r. , '�.. . ^�� �� �,�,;-' `-��<,.:r; :r-.},� '� ��� ��'�;�;�.'� such signs in other cnmmeraial and office dis�ric�s. ;'<: �'ri�;f��%.�'�11 ;=:'�' _r ���'-'�"�;::�.il✓. i�. �_�.. ..q'.T �. . ir �i1_: �i'�., . : °v';, Y�`F,��`�*'?g�:��'�:��,�, �'•��,�j`'±>�`��~�i'���=�'��� Presently, The Sun Bank has two appr4ved business identification signs at the .�. v$;-: �'�:�:�'CJL "1��'r,;�,: j�"'.:,�,_: :r • �' ::' �ty �';;�::; ; :'�, . "�� �� �- ��=���� ��rt�� ��=� --��� �o af the a licar►t's buildin These �i ns are tao hi h to � t {.;Y.�: , _ �� ,. � � p pp g. � g g ass s pedastrians in identifying the building. The applicant is Xequesting a bui].ding, identi�i.cation si.gn at atreet level to c�nable pedestrians �o mor� xeadil� identify the bua.xding. The d�.re�tozy portion aF the proposed sign is to assist pedestrians in identifyinq businesses occupyi.ng the building �ai�haut having to enter the building ta find a direc�cory. �ieviewcd by: Lagal _„ � 8udgel .^�. Purchaskng � Risk Mgmt.� ��S ACM �01her _____.�� , Submli � Clty M � Origineting PlJ�NV1NG & I Uaer Dept.: Ad�ortiead: oaie: 8/5 / 91 Papo�; Clw. Tirr�S ❑ Nol roqulred Alf cled partfes � Nnilf!od ❑ Not required . � Tatel Curren� FY Funding Source: L] Capt. Irnp. � � Qperali�g l�l o�har Approprlallon Codo: rr Cammisslon Aati�o�������,�� �,,,;,��,s -r•�- ,1� Approved��t S.� k�l�.�di��."�� � �3;�.� . 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'�he total area of the P p g g d b� considered as a single sign, ~r�"���`;�-'�°``�"``��``�''��LL' ; ., - ro osed s i na e ooul ;r,r:� ;�`l.'���.;����?�.'},�r'.,� �. ' �`4�� ;;3�? ��'f.�� . .. or as two signe, ��a buildin identifica�iori sign and a directory sign) ��xF���.� s,�� y�H� ''1 ' ! �"�:el: �:, g �• �.cs. ;'�. , :.;i,�,�:�'��.�• �:��-�;' -..: Nawevex� a building is not a business establishment, and thereFore no� entit�.ed {�.�'�;�:�,�,�,,;;,;��;��:,¢a :��,F�, , 'r� ;F``•�� ide t ficaticrn sign o� an si na e unc3er current code �i+��:E.;r��;:�.��-�;'�� '�. f :3 '� �'. �o a �usiness n i ► Y 4 4 , ��,:� .r�.,.,,�.j�,�;� ��'��N�����:` '' `���. �.;FA� � requir�men�s. This seems overly restrictive and c:ontrary to the general i,ntent •r,,'�t'����:>?�=�;� ���:'<. ��;��;'�•���= � ��;?:' . . ,;,� of �he sign regulations whi,ch includes �.n i ,P P `;�4;;��`rV����� �''�t��`.•, °�•" ��= t.. � ts ur os�: "�o enabl.e the :�,�•,:, �'��?'���-'<<-``��°�� 'I'` � iden�ification oE places of r�si.c3ence and busxness, and a�low Eor the ;'�.:;yr���,�;;������• �a '„ �� , ;.�. - �:`.-: •.::;`;;,� °,' ' � n , •ti�.�. C frt ��k� , � �`-�a..,;:,�.:��.;.;.:�;;�.;;•, �_<�.:::.��;.:,;;�...�Y' comr�unicatian of information for �he conduct o� cammerce The proposed f;.��i�;K,��:,�.�u ��, �.�:':E y •� S;'�'`'�'';- � request appears to be aimed at meet;ng these purposes. It seems appropriate �_��,�������s����' � L� "� ���'�� ~��' :��� -:;��� ta cansider the portian of the pxaposed sign id�nti�ying the building as a ����;,�._=�;`'' �;�� '�; ; .; : r, ';: ` '" f , n s f or the ro er wn o o �.� 4{?'�", ��� . �'="- y'`'� ��`•° business identificatio ign p p. ty o ers even though they d n t ,';;�������f�;�`�,,�. �' �` � �� � =�' � � � ° ` � � �his s done th�n the remainder of the ,'r;�,�:%r"� i �' ���;" � � '• - a � �� � 1 have affa.ces in the building. If �. , _w;:_;a �<<�:�,��:.� ��� �;�� ;�U���'.°�^�"� '�������' �<�� :�s-; ' ' � roposed sign is appropriatel c�assified as a directory siqn. 'r�'s;�,:i,`� '�- , ;,, '-�.; ` ° N::r.'t ..� �r'�� �c� ' p Y . '�F,'��r��+��'��-• ? .. .; R; •, �;�, ,. , : � ;:; • � � �:� �;• �-,r,�;� G� ;; .; `��' `•�-�� -�'`���"'� �'}� •� are e mitted to be u ta 48 s ft. in �he care •.1,�`,,s��� ���::.,� <•. -�_ `5'�' �`, . :: f3usiness ident�€ication signs p x p q. :. ,::} �,(��, ,.,�� =Erir=.�:.s.;=::��,�::_�;�.:�:; ,:s"� � c O10{3j a.l.j The surface � ��` �-�",��: � � �` �` 4�` � `-�' • ` subdistrict se . 13 � . . area o the portion of the �?�"� ��_� ,��`��'°� ; ,�> " 3;. .�� �`t�. =�%� .:'� %` �' .t� s entit in the buildin i.s 3a .71 s ft. 2 8 x 1 w a.s t`��s'Y`,�;���. ��"'��.�- { �. :j . �;.. :=•°: ;'q �' ,' ;�, pra�osed a.gn id Y 4 4 9• i � �� 3 + ) , hich �R���� � frT'�'�,.�. �r.. ��: `�:`���:��<;°�:;',;-':;.' `' ��. ,..k�Y less than the maximum 5 r�aoe si es ide tification sic�n. '-';,`'�;�:��'i.,:,,u�� :��;�; ` �.:�>r;��'� ` i�=`:`���� u area allowed for a bu n s n ��� ;''t�� "`„�� ;�::f''::,j �1� � �': :.i." ''f� 5 ,T •. , + :�,•.; � 5�f t,j�a �_' �.t.' ! ;�,:�.-....,:. �:,, �-,, w: i�, i,� ,:;:'s`� Fdr eompaxisan purposes, the sign regulat�ons a].1ow building identifxcatian , rt �'��,,� #�_��^�:, � •- t �c.4�,,��.. ,._rtir<r,.:�.'.i�lit�`•'j���;,. '�.1:�"I�:...�..; :.�: ,. ����t7il�a•:, SrfC' �'. �:-i';:>;�:�.-.-;.r+�.;�,�; L,; ;�r:��a,.�.;i.,,, signs up �a 40 sq. ft. a.n ather comm��cial and offa.ce dis�r�.cts. The por�ion :.��T_��,��t��{�:�,'{{���,,�. J j�, -' � �. � P� ! $�k i 1 4 . JY:.i'dg t `4«h+� lY �• ,,, r , , oE the proposed szgnage at�ributed to bui3.ding iden�i�ication appears ta be „ ��=t� �.�,: . ?�.,rr;w�;�:�' Y ' _:;ii� `� .�'; reasonab].e. `���:�'�.���-��'�i'�u,���'''i ��-�5 '-i.+:,..> ;,;;�t.:. � y::i , , � . �.:�' y,>; :}; ��1�},,;� '"`: %:�" ± ��A''�:r;�.;`s� ;-�;i';�'"��' :{t:{::� ti=:'„ T' �n the C4re Subd�s�rict, one sign is permitted i.n prQxi.mity to any building ,A�,���"�`�,�:� ° �,•� � �=�`�� ;,it,�at:, �:�r; :�;='�� i;;�y,' ;:� '�i- �n�xy ta identify the names and addresses af indivieluaZ business establishments =�,w,.:�k,���� ,.7 �.�� t+, �s""�' ,:s: ~:�°' �.;.;�:��; �°�'��� e .a.3 Thi� si nage is in addition to the .-aT��`,��s���„`� ��:�� 1 �� � � � , � " o� occupants � S c . 13 �k . 010 i � 1 ] 9 r � � .�., +.�.'�,. �,'`�r � +. ; :�'�-'�� < � ��. } ;,>. :��;rf; ��'� �:i business identa�ficatiori signage, but�is lim� d a q. � p �T.,,. •<,� ,•:. '���`"� � " . � � �e t 2 s t. er establi.shment '� �� �� � ���'y 'f; '<i'::'.!?'� ' ,^. �4 �i'`„;fyz ',� n� ti:• ''<;�°_'`�''; ;"'.�, �; �•`��-�::v� 1';_,; ' or occu ant and to an ov�ra�l area ot 6 sq. £t. This requirement hardly seems �;;;,�,,.� �?� ;��'��.��� �,r,; �' f iF f , � ,:::: ',� P ► r.. � *�;�r ��. % ��: �``�� '-P`� °`����' +;;��j�is'���"• meant to deai with a mu].ti.story office }auilding w�.th a large number af ,_�",��'�'��' ��� �� ��; ' oy •. :F.: �, k�h�.�...- -�'� �L,...���� `'�"«F�;�;��;��,�'��z'">"±;.;,.5.'`;': '� accupants. Th� appliaant i� r�ques ing 4 c�. £ 9 4 p ��:;�•'.��., �r�" �},�:� .< = Y,�, t s t. ot �i na e er business c:,• ^;..�•s�. ���'��;��;�t-,: �� `�:��+"';ni�y, z, a°"ti'��`;�;,�'<,;;�:,��'�`;'�t occupant for up �o ten occupants. He is proposing to use six inch ha.gh lettexs �;,:F'�;����?�;�;u;�:�1�;�+�s'!? •if�tii�' �.��� �-f�i+i";�es .. :�';�-�-'•-��;��'•t�;:�'•����' ��'�4{`���_.':':�-'°!;�� to identify the bus�nesses. As �he szgn is aimed a� pedestrians, �his letter 5•��,+;°�-:�•�^�:.��:u4����-' '���"''` �"'�"" "'�'�''' ��'�:' �' { � �`° ' ' hei ht seems excessive . zt wouid seem that ].etters �hree iriches o� less in �''�"��`+ ;�a'�s"`5��'��`�'� � .a;.-;�!;w. -� .z �= i��Z�G�>�l: ;!•``j''t�i�. r��_r:•,1'?���>r,^.'.i �. �} •rts�.i��•.�j�n, �,� K:k; ' �� �-_ �""'_<<�:;�`�'_�.''� `•-'���.����� �:���;<,��,:,f h�ight would b� adequa�e for �he intended �urpose. The averall da.mensions of =:'rl��..?<�a°•? �,Y•�.+- �;j�. 4'��.' Y.'. �:'.�.ti }_• '1:'- .: '"r..y}'j;'t-�-,..�"`��� r¢�. lµ,� i ����::>:��!�'.;;` ��;..`.=s. $=z?�'y;;y,3'_`��`' '� the directo� ortion o€ �he ro osed si n are 15' l0" x 6� ivin an area of L;�=>u=-..,yY�ll�°��:,��,.,"�� .,, ,. . .,, � , •. - . �.� Y P � P 4 � 9 9 �.. � r • .�, , .�, ... � 'r�'�''�`�y',;M"; .:�`����"e��f{�,:ia:,..e,,;.'„•:. 3 <.�..5`��r.�;tt'y��¢x:',.�.. , E �-,k, � ,,� � �� r �,s ,� j 95 �q ft. , or an average area of 9 . 5 sq. �t . �er occupant rather than �he 4 _ �,.�s, ; �;�� � ,�,�� �.,y. . .;�t' � � ,.-� '�"�`.• ��.:y � . ����;;�ij,�.��•;,���;':�;3'��;��...:n;;�,�sk�.,' ,;; sq. ft. requested .in the app].i.cation. (The appiica�i.an appears to have blocked �!' �� t� �,�:';,��°1��„`�ts''ti �" �����• a ��; �.r:�r.���s. ,,'���f.��';'4{i=�'�°'�f�:,�.'<,' :' Ou� each ind�.v�.dual t�usiness name. It is the sta�t s recommendation that a.f `.�rnr��`�;� 6y�c,.'�j,�`�'�`�`;� ' � �S. q;?.�y,5�a�i�;;.:'f ' �^ir:f ;�^L.. .r � .}�i`i1�;':�'`�-+wi1�YF,�r •t St• i ;��a�:,�r` •, �' �.�s'� the director ortian of the ro ased si na e�.s ezmitted it should be �-1 r��°�;:�r����::��~ A.� ���:�:��.l�� �rj�'�1� �;�,r�� ��t;�:, � � Y P P p 9 9 p ► :���,.� �� �ti-:� �� �?��•a• � � �• �'��'°� �.'?t�=• ��-` '�,r'�"��� reduced :Ln area and �hat an overall ].i.�n�t be �laced on the size of the •.,t-�����:� `�-��•� ��`�. � <i�;'s ��} �;, `+ r ". '�3;�� � i` �<;y,r.�; t. � � � r •;,: i�. jn•.t., ,��.5��...�;�TJ�''* �+ .I S ti..y,y t, ��� ,3 �v;�. S' �'C.�. �S�'•' ''Ya i� � ... �t�,`���y��i:;�=��f;�:`�M�.;,r�,r:,�k�;:t,f�.;;,:, dixe�tory sa,gn and the size of the lette�s• tha.s wau�d result in si na e �..3-.tf�;4wrx��..� T�� ���;���, r�'.r �,����;��,��f������� >� �._. having a maximum of 3 in. high let�ers and an overa7.1 area af 56 sq g�t. ��yx�' ��y� ��` #��:r �',s � � �' ° � ."4'•�T.f�'� 4..L.j's:,� Lr ti��. ` � .`-`=��'�'�`�`�i�"?'.�`�;��; � ; �� 3,� ��}�-:'-i`i i a1�Prox . 13' x 4 ' 3 �' } {':.����� ,� z. �� �_ : � .-.�.. . . '__1�__- . ....w.-r����� .-.�_�.. ...____"_ _ " ..__ .. .. . . � � . _. _. _ Y �L�,�f�,-�' ��4 �� I � ' w�� �.�;t�twry. r`.r. ai'y,t�,•+.+;�'ea,{�;b�uir'C�'Fr:-¢'k±�lihl�.i�..._,.:or'S . ' ' nr'�,1 f �'-. . , -'��'t r °r ;y �a.�r �.f:..r.�. y,sn �.a...y;..��..,,r^.� ��!` ..��r�'i?i F'!F � , . ,'� . ° � , !.} � ; . '�. .R i r t"a'� , , • ., � , 1 � ,. +. •; . t . ` �' - �7�s., ��' '�;� � ;}' 'q�r . n' `v '�' ,j�,��r ,�`4�rf�,+�k'�'`'K`.�:L ?�''� �� ... '�'. ' . . . ' . . . . i :. ��.f'.'%��a.i �'.e7i,:. i�e `�' ��%LT'kf'L:fAS;-Z�L��I`` :[�';. ' ;',' .�f" � �„ :},�"� �� ,�r� $ i,. � a �-. , : ,. , . ° - • � ; ., �,,,�,p,, , y .��' �} , f:,' ;�1`�' � `,��i i` -� � • �.Yit' 'C, ��'� x'itfz: f! 4;�. .i'���cti2�q` .5:� � }' i t�y. .:�r 'i:, ��''v �'a�• y'_i• 1,3:�.y `�+,� .E; '�t i� '1i5�}� { 'irR�:'S�Clr'a4. „y �. r4ti r¢,� �• t F 4 ;73 ��� i�' �iRr•�:^°� 1 :.}` ••i• '�t�t` ri^ C,�:.� `,�,�. .d � Sr:i �t�y �. Fi�'�` L, .), �i� '�lr� tl�f ..F I•�7' .K., _:J.'' T,�o' r'.f•:.• r. F .�1�R �. ,�"' t� i� .B �G'�� ,} w,�- .�.' ..3� �:�� �.a. �=�S� ,+. 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'r:���..�.,` 5. ,. ..�� , � , .y;...is _ -i�; "�'. �, ':g'i;^�.�;,.''i'�: rv y..:.. , . +', 5a , F`'F'�-: ;��r. ' '. ' .. 'N: ,�S�F �� ° :d1,:�7'.� � �,: '�i � '.'7. �i.;i.'•r�'�.V.�. .'1.7'� ,ti�^��n.�°�ap.✓�a� �Sir�' ,W:'r�.1 1'�. �45��� .'.ti��.511�:i'• 'Y�-b� .�<:� : ':- ;,a.� :.,>: �r .s.: ;�> R''aA�j,X^.,:.�.� �, _ ..a� • . . 4 � ' �� . xi � � ' . '. iY i'b,• .ir' [•t.t' •f � .!`: .Yf+r' �F•~ ,+I�•r:�.��: ;t� �u' �rvi��,,., �ai '�':`±' . ;}. .e5 pl: I. I-. S', ''�� 'e1F. �t�? y� . '.i;f�, .� �..y ,,.• �`ii�:•_�.�1�. �� . �. .r. ' ......�... �' � " • ., 1�'.•.. ,.�i.l...�..4.ti�c�...e.....w� ��GE'1PT� - - — C1T1' OF' CL�ARIti'AT�K S�Gh V�1RIMC� tis'rLSCnraon {plcx,.c P�in� or T)•�c, 131�ck lnk Only) •�'RDl'ERTY OWN�LS AiAME d� ADDitFSS: (Auach I'rop[ Pcr Instructioasj MAx�.A Real �at�te, Inc. 25U2 iiocky Pai.nt Dri.ve. Suite b95 Tampa, Fl�rida 33647 •r ~�Y •REi'R�SENTA'I'IV�.S (if any) I�I�IvLE ANA ����� Leoaard S. Vcnckua Ituscc� Canstructian Assaaiates 191I US 301 Narth, Suite 150 , Tampa, F'lnridn �3519 TELCP13nNE �; t813) z8i-83oo T�1 FP,yp� �r: (813) 620-I800 �DDItESS OF PROPIILTY (Subjcct af R�quest): bal Cleveland �5�reet LECALDESC�ZII'TlON OFPROPEItTX {Su6ject af �tcq�cst): see attached Urban Center b3.sCrict, ZONII�1G DISTFZIGT: Core L4ND USE DESIGNATIO�: ��� Ls,ND kREA: 41 ,150 (prax� Suhdistrict SURROUNDING I.AND USES: North: same E�st: same $OIl%�1:,_ RAme WC5:.��..�iS�III�'. _ .. _ VARIAN ''� REQLTE,ST (Dcsc;ibcBe Spcci#idAtwch Addivpnal � 1/? x 11 inch sbeGt if nc�dGd): � Ta increase_�he signage squA�re footage aliOW�nCe to include 30 �quare feet foz b'ui.ldf.ng idenC�.ficaeian si.gnage and as many as 10 indiv3.dua1 tenanz id�nt�.iic�tinn _, si�tns at the same locatian not more that 4 square feet each as repXesenCed by� the attached drawings. $FASpN FOR VA,RIANC� REQUF51': - In orcc: fo: t'�c $�ard ta mai:e ti�e dece:m.iaatines pres�;iACd by thc �.a,ad Developmeat Code, Scctzon 3..;7.QL* afi oF the fallowing sta�cmeau MTJSF ba complccc�: ;.. Tac variauc: r«qveste3 arises frvs� a co�citioa wair.� is uaiqu� co t�� �t4�iG: tV ia qncstioa xad i� acitse: arci'saa.^uv or uniFo�p agplica�,l: m�:e �ni� discric: no: craate� by an ac;':oa or ar,:ioas oi �cc pro�c: n• awnc., prcds�.:ssar i;, Cd�, pr tlz: appli��nth�;.�t�,r: This nropertv h�s nn identi=icat�.on sxgnag� naming tfie structure. The onl� majar signage is the Iettering near the top of the identiif��ing a single tenant. ' � T�: paracular pnysica! sur:auucin�x. saapc nr tngngsapaic:.! r.oadiuc�s ai ;.a= nraperty invaiva� anc th= s.nc: apnfir.atian cf ths rr�visiosu of thc d�vaicpa:r: :ade would c:sul: ic a: urz=ecssar� �aresai� upan tae ;�ppiic_::.. bc:aus:: he stricx a licatinn a: �he cade wi?I no: aliac: Ghe desircc wall si�na�e �s praposed due to square :oata�e limiCati.ans. Fn� � structurr o: rnis sixe witn mult�pl� m.�jor tenants� xdan���ication sign3ge a� s.rea� 3.evew �s uesizeable. _. i Slr. va:.aa� LS t3L ^SiAi�21.:. nC�..sS�.."�� ta ov`::.�ra� :aC uaa� =:ssa.^�� aarasrsp ;�te:: �C tC i= 7reGrCin�' : t::i3i "�• ;,,. ---_ r•.;�cs_... r... -_ =:sa:: aEc �s� c:��_ :::.�� ac:..uc _ Tenant risa�i.Iit�• car, iie providedrin , an unoht�usive and aesthetica;.l�' pl.�asing manne:. -. .»_ ...w::::,::... .. :a-.as:,� � ao: auc _ . »a.r��� sac: tr: z�:._: _. ..._ --_..;.�. .. �..=-- _,..c. .._...._..........._ .."� .^'� ••�••�.• �' r.1�ls� ~_ - Sl�ti: _dtiSe _eHSr �iaLk� C: Cri�tl�e�.__ _ - ,-..�, . .,., ,� ._ ..,.,..._..�.—.� ,. i ....: . . .. . ......... .�s:--^� _. . ; ' \ `L+r .YS t•.� �� e-{ �r� i :`�i r:}�` s f 4 ! I� l ���' � 0 f.. 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'�''�'- �ltz` ';, i iC" +'=� ��`°:r;��:.�h::�:•,_.trs .. ,�r�t�:�'�.�?i'r�, �'r,t.� t�' �. Ye!'Y.� ��,:�a';��.�.: '�S 'd':.. ;;":1 �.;"�r.vE;�-. '��i r'.. �,,:"•:r"�.+'.• ,ti ��,"�: ,'�.• ��. ' , :. :, , '. .;},'1! . r : � • �;ti�-' r(�'Jc..;`.ti, F � �' � ��.. �.}a • � ., . '!; `�.i'1 �! . � ��� 1 . ,''f� �'s..'� 1 �1%,yw 'L. 4ff �f� �! ��1;'. 15� i' •.4c<. '4.�:'r' . � '.�., . ;4�r".,� . i v� i,•, .'r'' ,'�E." , � , t ��YT��'.: i � 'f s;:.[ ���f••S�+` 'r.. .a...�� .���t;�,,'..�',,...''�' ,_ 1'�' . . t'',''�.,._.. ._k.;.:.fY:.tti.�..t.. `.:>.:......':..••];��;risi'A.4.':is:_ �. i ne grantus5 os We .�ar:a.nCG w1tJ OOt �C �1alC: �:i�ly aet�ca�:� nr �r�ur:nus to n�a:r propern� cr unprn��t;:�entti in the nLi�bosbood in which the properlv is ioeattd 5��ausc�_I t wi lI incr ac th� auan �,y of t an;,,jar_aning , at the coxner oi ClEVeland 5treet nnd Garden Avenue �it4► the efiect af im�rovin�the 4he Publfc �rea Ar the ir.Cergectivn. b, The grau�tiag of thc ti�ariance will aat impais an adeqaatc supply of li�hi or vrnti3aiinn !o a�jsccnt prnperty, da�rar; From tha appe�snec af t'ae commuaity, substancially iacreasr thc congcst�on �o thC pubGe strnets, inere::ue th� dan�cr of �ire, endas�};cr the puk�lic salety in anv wby, or.subs��tiall�• dicsiiuub ar imp:►ir the vr�3uc at surrnunding proper�y bGG1li5C: , tite v�.suAl qu�lititeA of �tie aren And thcreb im rave values. 7. Tbe variance dcsucd will oot advcrscly aficct thc public hcalth, safccy, ordc:, COpVCIIlC11CC, or general weifare af the coRUnuuiry bccaust: i� will enhbnce the Public's Abf.litiv ta. 1der�tify che sxruc�ure Axtd lacate tenants within. 3. 'I"be gsanting of [bt v�riancc dcsu�d wil! tsot �ialacc thc g�ncra3 spirit and inlcat af thc dcvclopmcnl cade bccausc: Tlte or►ly in�jor siFnage on Che struc�ure fs at the [op, thi5 proposal wiil prvvide _ far identification nt street level and in a ressonable manner. SLGNA'1'URE O� �'ROPERTY OWNF�t (••OR RE�RFSENTATfYE): $efare mc, tE►c uadarsigacd authoriry, personally agpcarcd l��' D�e� ,� ��riUC � who being dWy sworn, says under oach [h�c mattcrs aad facu set aut abovc are truc and carr�ct co the bcs[ of ais/hes �.nowfedr�c aud beli�f, 5wora to nnd subsa-ioed beforc mc Ltiis _�` day of A.D., 19,�,. N [:l.N PubrtG�"'',�.' �'�`E:Lf�. STATE FLORII]A.. � . ;;f.',:SSI�S[f3�' �\S�iRC5: Fcb. 2;. l9!«. DU\DCU T1iF.[: \UTA!!Y pL'nLIC L'MQERICRLTCCS� 'PRDP�RTY OWI•FER OR REPRESENTATIYE yiil5i' ATiEND i�,lLING. ' "Attac� Pae+c af Ats�rnzy or norR*�-�� s•.�t�m�nt from own�: au:�ori7ing rcpreseataeivc - ao[ applieabl� i! s:prrs�utaavt zs a pra�ic� ariorncy ac�g on bchali of thc propcziv ownsr(s�. 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' i � .;s.� . � . . ° '�� "�,i, . • : ' , , . � �. ,�, � .... � ' ' . , . . . , . + � .l� �;'?` �_' � '' �. , �. .�i��:�F�.�':!'�.;AV'� i�.,- , . . .. . . . . • r � � � t `., . . � . �` ��.�i�.�.}„r?:4:i:Yni'i�.�.h."!:�„- .. i �..Fi: . ..,�;.�:... ._.... . ...... \. . ,. . . , ,. , t. .. . � . � . < .. . • •� . .. .. .. ... 1..1v,�::.'.�r.r�.:a.::«"L:::.11.�ta . . r. •.t "•s,. . �i'. �., ' _ . . . 1 . '1; �. . �l.!i.� .�. " y �p y`��. .. 1f, �t��•�� � ' ,`l� 1•a,'t'{".1„i'!,° � ''' � � ' � � �S "� r WA7ER CiiY COMMISSION � � ,. II'r`�*��'� , • � ��. CL�Ap � :, � � �t::,',:������.: �-. � � �,, 4,,,;�::�., , . � •�i .1 ... � 4 .�. e ' : - 'i,+Nii�.��:i ;' ? .,- , � --w q A �er Memora�dum $m �. . :,�r. �c.'z:. '�t� ,� �;. ', . . �. - 9enda Co � �u h..,�. ,�:�, .�,.....: .� � ��. .,.a o4 � Moeling [}ale; �� 1 3 bs ��' '`t,', � , � :�•:r'' . !Y t�, ; ;f , r :.. ,-:'Y ; ;; . ;,�; . ' � �:, � ., , , � �f1EA;,r . ';;:,�.;.: _ - ,t, e���; ', , . . � r.�� •:"•'"::,M1?;.�,,:.;,��,�s,.� .�. , I -'� , ��-;',�i.`i,,.';., SIIBJECT _ _ ,. . . �''.; . 'f ' . ' � ;z�„"4'•i':�.i,r-;,-F>�„E . I:" . . . . . a. �. ` i «i n•f?Cr,! �'`: �'` �� �-,' �I�: " " variance to th� Si n Re uiations 24400 U. 5. 19 Nor�h (Raoms to Go Furniturej _ ..I,.,, : 'ti;: , .� CJ 9 . i ' Logan Clearwater Associa�ion L.P., Owner. {SV 91-17) .. _ �" '�:� `-.::�, :,F:�:::•�,� _ RECCMM�NDATTON' .._. -- . ,,,._ .. , .. , •�, • . . � '.. .. -� �� City Com�iss,ion deny a�ariance of 37 sq, ft. to permit 52 sq. ft. af busine5s `� identi�i.n��i.an signage where 15 sq. ft. nf such signage is al.lowed. `'� '�'` ::,: .. '�`:`^` 5% `.' '� _';'"t�°��� . ; I 7 And tha� the apprapria�e atficia].s be antharixed ta exeauts same. `,',., , ; .: . `,.: r. , 4 . if�.y ti• �f:'Q,',`�•_ ,• �� ' ,' ., . ;'=,�,.," � r� ,.. • gACKGROUND i` • i : �' - ::�:': : , : ���� •��f: ;;;'�T ��� ;;�.��� 7�his is a request for a sign variance to p�rmit a 52 sq. �t. attach�d busine�:; -'"� •��` .;�a:-` �� :Y���;,�;'_ -� . identiiication sign whexe 15 sq, ft. of su�h signage is permitted. The subject . . . ;; . , .; ; .� �-. ti= . , ,`-�;F;';�';,.�;��,,;.;;°,��:.�' �• "• '-� '� pxoper�y is the s�.te of a new furniture sales operation on the west side of �: ,.?`.:':i'� �;:<���°��-;!:�;�r: � U.S. 19; i� i,s zoned CH (Highway Commercial.) •�j;l� ��Mr''1 •YJ�:.'�.S:rr".��.' ., , • i.' ''� : .'t j•,,:_�' ^ � ''�:1':;,�° `�.'-��'''�;:�;`� "�,�.�`���'�:; �:�'�:.' The applicant �s requesting the var�.ance to pe�rmit a larger attached s�.gn. The : 5��.�:1�:r.:�.S... � � . .. .. { .'..ii:f.> >.� )°.����il.�: ;.. �"'.r�:. ... ._ •�: •°,:'�:.•:� �••:. •'� Gommerc3al Highway zoning district in which this property is �.acated permits .• ;. ,.� _ :.:. .::... . . ...� :r . , ._`�, 1 , . :;,, y,',;v:. t.:;�°.:.°;�;,�=; ;�.: t,-.1.,<:=r ;��� �� �: . a proper�y identifica�ion sign of �.12 sq. ft. anc� a business identification `'� •' : `��'`-'` �� -'� siqn of 3.5 sq. ft. As a condition oF granting the vaxiance� the ap�lican� i.s _ ���=�`''_ r ;;�': ;'?, , !���.�' � . ; � , , :�a,�,j �- -� ,:,.. ,• , f.,<' . , �,:f �, ���• ��'��i�u=�"--���������`� z 5uggest�.ng that �he a].lowab�� area of the �reestanding sa.gn to be cons�ructed . :• ;°� �'.�.:.yr.�'i�, h. .v,�r.....4°".sif . 3`s;:,';r=�;.... ,;,. �..��- on ihis p�operty be �educed from ].7.2 sq. ft. to 75 sq. ft., a reduatian o� 37 �;`�; ;.yrU� .;�.' �;;;�r ;� :x. �,�'��;� �'`,��• ,; sq. ft .(the same nutnber of additional square fe�t requested by �he applicant �':J!° ���' ''� '������'�� �'ar the propased at�ached sign) . What the applicant is proposing is to "trade" , -��'�;� .;,,;:;. �, . ���� ' ��>•�;•�j�E;� �: �;�s' square �ootage For the business identi�ication s�.gn {the at�ached sign) <,� ;� ; ::.;�:`�:t�:-�► �„ �,•:.:-.�;. ' ~;,� ��'��,,; x:•,;�r,',.. ' . " .. • : :� '`c- :-, ��, �.�, �, � :,�'�.� : he s "��• :�`;�;��y�'�"`�:•:.;:.::, �; T taff is genera�.].y opposed ta such tradeof�s betwaen sign class�s. ; � ' ��` ,,�;,:,� : ,, .. ���•'.� ;:::t:.�. -'.,?, _ ;.., ;.,,;; :,.,:•. .: �::�,.;�'- � However the Commissian ma �� ��� y find �ha� �his proposa]. offexs the opportunity iar ' ,�i: � . .• ::' t,�:� ��°.'�:::., 7 � r •�,`°�:-; = y�; �,-�;�: `�,� :. ��;��:°�;'�::���:;j�;;'���: a reduation in the most objectianab�,e type oi signage (ireestanding signs) , '�`-� '"�`';��;,:�:' e�., ,_.,._.,�r, -;.. Whil� allowi . i.�3.'' �� . =�?:.k •° .���r_� ,�.�����' "a:F:�;�.:';.".;°:.�.� ng an increase i.n the amount of attached signage. The staFf has �,' ;`. J�;�. � •.l Pp Y b i.ng facade wi1.1 be �;>, ,�c�f�'�"�4�i�:.�r: ;�� ;,�::;;� � estimat�d tihat a roxima�e]. �hree percent (3$) of the uild f��,`.� •a�`�. �'�f' ,. ,y. `t 'r r, ;+ :`'i� � ::i:-�:,. • ' f �<. :�:��r �-i r, :, .-.=: r •. �i . �_,,,,,.._,�,. ..,,,Yr,,:;,.,�,;.,.,•.;..�,.:,,,� ..;�;; covered by the p�oposed attached si.gnage; this is le�s �han what the s�aff is -�:'�� � t` -r� °�,. �{ like�.y to recommend as part of a sign ardinance revision for attached signaqe ° , i:.:;:.:;;�... f� �. �;.•�:....:. � . •:'.':'c r.� �.•..,.;,. .i':�_7 ; _� "; •.' ' � - '�?.:i�;,;�:��_�;;_:',`:���',:{ ;t.:R'�.';�:,F�,;=�t:_�` in this zoning district. If the Commission desires to appzove this it�m staff �..;.��:;;.. .,i�;> .� . ��,,:�W". ���%.•�,:.; �:.�,•�_>;.;, �,��•�•.a����;�,�3 �� �� ;�� su esi:s �hat a rova]. be sub�ec� to the f�llowi.ng candxtions: (i) No `'. . ,�� ..�•_:.,�:, �,: �: , r.,.. ,. gg pP more � i� ,:y n r;a� r�'�i- ��=' � ��._:��' �han ane freestandin si n sha],7. be ermit�ed �his si n sha1..� contain a ���#�-%� ` 1, ri,�z„14'..+��i�';;'..,�Y,o .?.t � g P I g �.:. ".--`T!.�', ���;";� '-,�" . / T re ui.site si n ermit � aI :�:.�;����; ���c�{�,��,, ,,..� .:r s.-,=. ,..<<, W�xa.�um are � 6� m nth fr �� �ne ) he q 9 P h 1 be obtain�:d �:i::: 1 tF •41si•s.� . C:r• \� �,_�f;���;.����'�; ;�:�tiY��r:�s,;�}�;:;'� 'thin six } s om th date of this public hear�nq. C�.r' �4t�?�.'.��.F.•, .��ae?t>•<i:�.r.`.E..� Reviowed by: Legel I'U1 BUdgOt _ Purchasing Filsk Mgmt. C1E3 ACM olhor�_ R� '- ►. � �' ,;: Orlgineling Dept. PIJII�NING & DEVQ..O Ueer pept.: Advarlie��j� / � 1 Dalo: � Paper: Clw. T�125 U t�ol tequitod AI( clad parlias � NotHied L1 No1 requlred Costs: � �flta� Current FY Funding Source: L] Capl, Irrip. I_l Operaling �rl Othar___.� Appraprlat�on Cada; i•;4i,fi �,�+,� i^�r L{ ,;i�:;l . vr..'.{.' ,4��'. �-n: �. ;�;�=�<<`� . � : ��... ''S�.`• ��t{it'` � Ct�mmiselon Actlon: � 3�! s �--; �. ''�+���x`�t` sn��uti�C� �� `� ��n �'r� -� . �s��'�`�� �pproved� WJ c�„�� ����< <��� S �t�' � ❑ Approved wlcandHlon3 '�' '_ '�� ���,w';4�i� {� {]enfed �� �;� - � �� Cunilnuad to; .�,�-� � � ..� At�achments: �; �' ❑ None __ _. x � � .r �,f� , � i� � x.`i�11 " i�' � +fE � f� . -z:,, . 't A , �•, � �S , S~ �� ;� ��i i�: �} ' �! � � r..., . .�. i'i .�� �. � .T} I� � l3 ' ! s ;``�i .�. # ,� t- �`� ), t' � :•' R ; h ,. � .n • '�..'„�---�' ^� ---__-__.—_. �r•��,�+�S,,,q��i.r,�.,��.Na.4�yye"�U�'�t�F�IJ�"f'^;5�.�'7�'� y ++.t��;J.�1�!ly,�e•. . .;:+�'{Kt.�� r�� - ` " , . � . . . . � .. , s... . . . ' ., , . 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AND `,�. �,` ,_,`�:f.���: ,�� :�.•.°.:.� � , . ; �' fAttath F'roof �'cr Hl�truwoaaj A.DAxti:5.5: . � ' �' '� 1'� �' � . � frJ ��-0�l�rJWT �/�?'f�lC� c! sG�S.I ,l,p ° ,. : ;'4- , I, • ' , �.�.��� ' . ;" � : i � '' � �� /rJIO /��'73�'T� �� — cS't/PTi� 3 �� 5� "�% f.}d�i� C� _ _. � : j , . :� � i ..�■ .�... ru�r �rr ,���'• � ?•'' �,` � , � �?' /i�t''./C /i/. }� //OQ?( _ _ �S!�fd�r,o7� � �. �Sf�.?.3 , i, . • i .. _ _ _ r i __ _- ��. . ' `; . �� .. ` � �� . � .w�/� �1d6- �o'a� �rx N g� 9aa-�S'fI . -,; �. ��HONS �. � „1 _ o � �:.� _ � .. —, Y � '( � ADDRLS.S OF Y"�tUl'FRTY {Sub��ct of Rcquet[)�„ ! �n5 'r � , �f�lJP7 Cl� r. /9 � — Ij�' �1.AV,!'.�-;� �`�7•, i . � i � • • .�.'.1� ��'�,� •� �11 • � ,'f �i �w�� � - / L�/v 1 __ F�� " _ • �"'� . y . : t�� . � � . � : . . . . . . . �� X.EGAI. 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':: �..;, :;�' ; , ,,-•• �,�,±,���>���:°�`:b'�{; `�"`� :.;?�'�• "��.', .- YARIANCE�LEQUEST (DeSSri3k/Be 5pcc�fidAttech Additi0aal$ 1fz z �1 inch s.bcec �f �e�ded)�..._ :,;.�,,,.ifi;:�� :; ,,�::,-•�;V.,•;.�=�:..f;��:.,..�� f,Elc�r� ,G�d�i,o.� �rltttc. si�o� �e»-t �r,eer�v,�t,� !s s�.rY r A �� d� '„ '1''7r,i' x _I':. .3i•.f, �1 � ^f,;.},. .5,. w V , `.. -; :��Y�, s:,�.. :,1.:�.: _�.. ,;,;,;�•` 5a2 St�. FT• !,�l�a�y rs ilssl ��5� dtG 39 S'�. �r.� PYca.�1 s7t�1 .z,;`;;�i;�„���-.1:: � :.�',;.I,'.7.,.;:'. ,t' y'i i!��!': f.,� .�i..' `j""'fS.�.i :[,:'; ^' ;4., ' 9yF•.,i'_,�i��tr'7:;.k�'i.. r r4` �;., "�i..t., N/frii T!� GOU !�„ /Ipi+�• �/. ��• /7s+.+�%i�JIaLC � � �Q. �� • . f•' , 3e� I,. .rti' �. :-1'; ��' '�'i?,,y}4'� a�'f:'...�. : : �.`,z�i ' I:i;,j'; ..,.. :_4i•;-•L''F �s,r �s . ,.; "'`�., °' .•: , ; ',��•�;`,`:,., ' /S �dGTl� O� 3i SQ. F7. � � ::'�'�.",;:•�`i;�. �' ~'1: �- . .. . � }. �' i't' ±'•: ii' i. f';..: . �..it1� � ' �' : .'� � '. i7' : �; 'trJ'.' �*�c;,,'�i'.���,;;':� .' 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Tbe �rincing of tfir. vnriaR�e will aol �rupalr un bdcs�uatc supply of �i,�t uT ��ntn��i�,�, t� ��y���cm nr�,rG�ty, dc�rac� (rom ti�c at�yenra,�cc vf thn tammunity� su�stantinlZy in�reasC tbe con�cstinn in thc �ufri;r tticals, incrv��a Ihc Jangrr n uf !'ur., enc�anger !+c �uhlie aa[ety in anp way, ts� subst�tielly di�iuuh vr impalr the v�uc of surrouudiug �ioperly VCCfItlSC: r .�� �� 471�'� ` � 7. `I'!sa vartiaaco dcs'ucd ' nnt adv�rseiy ftltiec� tlse pubFi� b4n1tL, =s�tety, order, canvcaienoe, ar �coerAl wclfare of tisc COf�lin{4y ITGC�ILlL: � G�/(.t. lUdy /�!".�6T. �%yd�� lrrr'nrw�rw 8. Tllt �tIItl[itlg 6� i�lC V�i1nCC dGSll'Cd WIII D4( �ItlI�IC �bt �'yClStial S¢IIt2 :lrid L[1t,C�l U� [�14 C�GYC�4pLACrit CDdt bCC8t1SC: .,�..�"� �7� r� f� u � �� r� �/v� ,B�s�tJ /�ur�c�gaa� ar/82 _ r�,r-r ,cr . � l�Sr-a�rl�m 40'� d,v� �Qc��er�idrrt��7 !�e-r��a�x/ � 4A.tr,4 � Py�anJ Sr�rJ. SIGNATLI�E� Ok� PROf��A'�Y OWMER ("Oit �e[aro me, t�c i�dersig�sed aucl�osity� pcxsoavl4y, appeared tv�o bciag d�y swors�; SAj'6 LLUdC[ OAii1 L�3C ig�LtCf5 8ilt� �BCLL 5LL OUi Bb0'�C tltC �tC �G� C4ITCCI iQ ChG �CSt Of Li5/�1Cr kaowlacige aio�d t�e�af. �-+ 5worn to a�d subs�ribcd before me this /�r� day nf _ �'�1.�.'1" _A.D., 19 �1 • Irr �r'� /?�r•� • � ,�'i�, � ' ? �s/. .� 1 ��>4! /,; �i' .-a.,.....��.� - --- �l - •- - ' Notasy Publirti � �a;;:� aur.�.�c, Si�,��' �F rLGfitpA. pp/�p �-�fn�.��/�y�/��Lf> �7}�����+�.��/y!�.y. �r��'i CG1dfA155i0l+ERP:Rc'S:OCi.Z5,l89�s R.C�RViL:ilL L V7TA�+.:�4t Q![� itGt"[VG:.i��•17L'r�J yi�� �V. kVNOCC 7HhU rrot�RrrunuauHnsRWiuraas. ••A�Wcia Po�vr.r vf :+�uex rnr uota-s�ed atatcsz�ent £rom areser autboritzing re�resenmtivc - not a�pplic�blc if I�7�Sx1W;►C 4S i QCACIICit?� �it� Rfiitag 41t t7Cil�if Q� LklC �QpCIi)' QMnGt`�S�• �7�' SE ND�E: A.ppI�c�nat muxt be s�banitted by 12�p Noon oa deadlia� datC. i2C+�itcd �1/H►1 ��yrMrM�rr��r.rirrws�����w�M�eeawa�rrrry�r�Y�r�wA���ywrwrr�ry�rr.Rsrir�w*�y�r�rr�rrrrrrr�r�+���+r������+�r Ny'/I��nfll*lA�����A\r�O+7�aI�r����fibi1M11���\�f�1�������*��������1�f��i►�*�4���r�0*Mr�wwMwM�}r^f Aw�a�f��ryr�• VA�I�tt� IIvSrRUC��NS A.�uli tion a:c3 Subnaission Rcauzr�cuES: �. `The ��plfcatfoe must be fuliy �eus�latcd, sigaed tsy ti�e pro�rt�+ owner (or a rcprt,ceatativo af tbt owucr), arnd nota�ized. Any app�iraticn s[gaed }sy n�represefltative of tlie owner mnst be sup��er,uedted bv a pawcr of attorney or aatnrued 6t�,tcmr,nt Isom thc qwner authoriTing represtntauve. i'roof of p�vperr}• owpersiaip musc be mttacb�d for nn app�icatioa tp be caasiderec� cowplete, Adequt�te pr�f 5�A1} cvasiat of aoe of ckte falIawiD�: 2 3. a. A�y nf the dred. b. A copf af t3tic iuswanco. c. A kticr Crota ■ pratticmg ettvrtaev conFtrtaing property v�u�rship. Thss applicatioashalJ bc irled at thc ofti� oF the Da�laprncs�a Cudc Administrn�ur. ,a� thc limc uC filisi�, a[ee s3� }�c �id �casrdi+ag tp tbr �urrent fchcdulc of fewa. Adr ruppkm�ati�rr �r,farmatsca, each:i�i[�, �}aos ar ms�s wliiL� arE to a��panr yAa �nnxtitutt� nrn nE i hc �t�aa :hall be ra�m'rttrd ta�tether with thc a�l�cat'seA. �vurtt=n f 1 a) ea�ics nf All such ue>curra�:��. �: i.-�Sr t3pec & 1,� z ls ;�ues, s�l kx Fc�d b!� t�e �iitsnt far dutribut:oas! pc�rac�se�, �^� «M+•��wa�nr�w���wrr�r�.....w�N�����. � � �1�fl- CDD@ .�4DJV�T ��]ARI? rOFP'iLQV�,L. � �i3'E'� !� 1tl1C'1A P!?3t8Q'IS �S RSpifFRED Pr3�t S?R4`C�i]R.�. 5iC3ri�. +"CK]i..5. STC ��-��� . . , - , � � e �...�i r��:'s,r����+C�'J�fS t,. ' �� �..'f '�;l�.�r s�Lry:�� e4 �Q : �,j�°9�;, r�i l�l,��'� �� i- '���.f�'�''�t;'F'��3 ��14 �. *.�•'.�?�h��iGi1�,�4�4.�'�r7"x�:. �. ��y �.i � n4'i.'.�l'1�'i3''�'Ce': � i`fr i.?�,��t ��`i J•� tfll�,i � 1.� _t"^s :4 ' � 5. ' �, u t � y �a� !,+, a . � .;! ' ��" :t' "`°'�� �:;' � � � r �; -3: - : F. 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R�1.ATING TO T�iE LAND UEVELOPN{�H'i COflE; CREATIhG A N�W �s�Sy��.Y .� `" ..� � C}IVISI�N 73A WIfi�IN C�iApTER 135� CDdE OF ORDINANCESr TO r�:��� 'i'r`....-t: a', E'�"=,>,� 4�:-,µ-;,�-�, ESTAB�.ISFi A N�4C RES�A�CH DEV�LfIPM�NT At�D Q�FICE PARK �,.j�����'°:� �r .`-�•'r,.;;�:'• � ;���,�� ��;��;�`�,y:f}_,� • O�STRICT; ESTABLISHING qISTRICT 5IZE REQIiIR��1�t�TS� �?°A ;- ����.��',��. pERt�ITTEU AN� CONDITIOtiAI. USE�� U5£ L.IMITATIONS, AND `�11 k'}` �`"�`�-`'" �� �IMENSIflNAL AND NUtd�RICAL D�V�i.QPf���IT REQIlIREt��HiS; r;'-.:�R' ;��;?��r;�;'n; ; � 1 �+}: : ?' ' 3P� .`%i. %"`" ,w,{�,� � ,: ,,, ;,L� � AMEHO I HG SEC�IOPi 136. �25 � CQDE U� ORDII�RNC�S, 'TU , ��'�;f���;�:�'<<' 4�'?�;' ESTABL�SH SUPPL�M�NiARY STANtiAIiDS FOR THE APPROVAL OF �'�,������� �;;;����,' Bl15IHE5S SERVICES, HOf��5/MQTEL5, MAt��1f=ACT�RIHG l�SES, ;��,�.����;.:���.`.�;� MARIHA FAC1LiTIE5� P�RSOHAL SE�iVIC�S, R�SIa�hi'IAL �,�i'�t,�l�°,ta•:='Y' SHEf.�E�tS� AND R�STA�RA�l�S A5 CQl��ITIONAL US�S II� �HE �� '�.',�=a,"�' '', R�SEpRCNi DEVELDPMENT ANO GFFIC� PARM. DIST{�ICY� �,. Tr�,,C ,�`., h�;r� w;.. t'''' 'fi`j�' � PRUVIDIt�G AH EfiF�C�iVE DA7�. �: �.f�a.�':',i,: .:'�=w.`.:' a � •� HE I7 ORDAII��D SY THE CITY COt�lISSTOH OF THE CIi'Y 0� CLCARWASfR, Fl.OEtIUA: ' Sec�ior� i. Di��isian 23R of Ct�apter 135, cansisting of Sect�ans I35.1521 through J.35.1526, Code of Ordinances, is created to read: �ivisian 23A. Research� D�velopment ar�d �ffice Park Disfirict {RD} S+ec. 3.35.15x1. General description. . This district is created to res�rve certain land areas for research� developme�t and office park uses wi�h complem�ntary service uses. ' Sec. 13�.152Z. �stab]ishm8��l�on#rncfiion. I� is intended that four (�} acres or more be provid�d ta estabZist� a new Research, Oeve�o�meni and Office Aark District ar�d that no exis�ing R�search� U�velapment an� Office parlc �istric� �e cuntracted to an ar�a af less �han four �4} acres� unless the city cammission by ardinance determines that a reduced ar�a is in the public int�rest. � Sec, t3�.1523. permi�ted uses. Wit�iR Research, deve�opment a�d Offfce Park n�stricts, on�y the follawing uses (a�d struct�res de�igned t� serve such uses} shail �e permi�ted; (1) Business and professianal offsces, o�her thaR m��ical and .der�ta2 o�fices and medic�� and den�a� c2�r��cs. . � tZ� ��� , \•+! �� . � il ' f itesearch facilities and labarataries. Pi�a�ographic proce�sing �acilities. 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'� „J. ,r: ..'i% '`, '�-�' � %i • ;.':i ti:k-+± ',�.��'[�,1'' �' -t .�s��: �'i�. �r'.i=t}r}f'I.� ':' i'. ... . � � 1��y� 4: ,Eii.' � �'.,.�`:.9 f:.�',y>�"�''.11;��.'�.:1 �'"NJ�� �c�• '° ��' 4'��`•� ~;;;=2�� (5) Processittg, manufacturing, ar compoundin� af dr�gs and other =��'��'�E_ ��. ' �: �`�;s:'a::#:``,`��f.�`:° �=���,s`' r�edicinal and harmaceutical d ct cl di b t t 1� 't d t ti 1 ' ��'����. ..�' �" ,,1 ,rz�,.��:;_.,.�:,,;,; . p pra u s, �n u ng u na m7 e n op ca w�v�.~�pY�,�;; praducts. :;����:-3 =:�. �'�!�: � F,e..f ,:*., ' ��,�,,�f,A,f;t,; (6} Assembly af electranic components and precisian �nstruments. ;;�w;: , it ,... a -�,i� a s�.;, ., Mlr,.f_ w-.�;.=f:t�;y.3 {7) Assemb1y and production of j�welry� s�lYer ar�d �latea! ware, and art :;�:;Y , � 9 . .a�:��'�s.::� oods. (S} Production of canfectionery or ba�Ced goods. � (�} Medical cIinics/laboratories nat princ�paily dealing with the general �ublic. , �10) Accessory dweilings for security �urposes. �llj RcceSSOry uses. � Sec. 135.1524. CancfiiionAi �ses. • Within Research, peveiapment a�d OffzCe Park Distric�s� the following uses may he permdtted a5 conditianal uses: (11 Alcottalic �everage sales tcansumption an premisesj. {2) Business services. , � (3) #inte�s/motels. (4) Nianufacturing uses. . (5) Marina faGilities. (b) Persortal services. (1) Residential she�ters. , (8) Restaurants. Sec. 13a.15�5. Us� linci#atior�s. {1) One accessory dwelling may be pravided for security purpnses on any property having a lat area af ane (1) acre or �ore. {2) q}} a}�ay»�fc beverage sa�es shall comply with all applicable �rovisians af ciiapters 72 a�d 13fi. . (3) Residential shelters sha�l have a max�mum derisi�:y of twer�ty-eight (28) units psr ��t acre. . (4) AcceSSnry uses shali cam�ly with Sect�on 13b.008. . 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(5) MariRa facilities shall �e located ar�ly on wa�erfrant propertywhere �;.�,`Y>•.�3.�� ��. ��'�'� �'h v. � 1 ur t 37'iCy�;�..,;7, � t '`'�, • ..� �.G . ; �:"',.: � ', �" i�;; :�ci'�"� '�"L� `' '_�`-`� ''�� cand3�iona1 use apProval for a camrnercial marina has been obtained far suc� e'' ��"h"�; �,�� '��` •�.;c Fj,�'ii;i,��±.':� , •t ' Eu�`°..�y�s..cr, �" � i .4�. i s' .}'.:" ' �e ;"'�j��r;� X'� ;f .a�_-„ q�, .�,�,=4.,,� , ..�. . �, ,,: property . �A� �����€����, ,� : =! ����?";�:4=`i,�.i'i� ;t�.:�i..�'';;�! ':. e' i � • : � �,1,.� r r� ;� e :i; ,ws •1.�:i.' :'•3;! :� � `::'1;' '1iM' 4' ' •� ' y �[:, � :t��'�.,a�..� � '.' .' 1.;+,.�...". ~ � �.Li. � .. . ?;��;�t?;',;' ��;;;,.;';���� :���: �;� �,;�a?.,;"��._.��': (b) fto operations or activities associated wi�h the use shal l be + y, ;;:,,°� ��.'��{���������`��; .s,...,. � co�ducted ou�si�e any �nclased structures. F'. :'c�':;v, )'.:•;F'� ;�.:,.�t:",^�?^:�.. � . -�• R ��•! �::'�k'�.1�°+� �. ;ci�� ^�'ri`•' n�: �r"'s �''�i}-''�.' •` � � '. ,: � ow ,�. . u�.,,` fi :..• �,� , . .•• ,��,.,�� , . � r�' � l- ' P �' �,�:�' . ..•T s.; r�� �'�'a�'i.�i,}� a.�sY-i�i�i�':f; ..f','r,.,.. �-:� '�. .�=`���� �:°.�',':�� � '��i � ' 7 An � emissi�ans into tn� atmas �ere associated wi�h an use shall b� '� �'�a� '� { �� ,������.5/��} y.= 1f�4r�. �.�Ss,,�;t�;:.;,;� �, t ) Y P Y 3 '� , � V.{e9s(,`Y�i+�l��n�y'#3�'':C':.,�.Rr-�� �;j�' �'�;����;�;�.���:;��;;�,.;� .,,,,,�;�����-�=�;' odorl�ss ar�d colorless, and pose r�a risk to the health and safety o� persans in �w r'' ; 'v. , "?"7: t! .y �" �r�'g ^+-•_�+'•,r;,r,T�• , . �. y �f �r `s: �"' a"��; r,��'� ��s : .�. ��1E V1C�n�� 0� ti@ U5@. } ` ,. , , aJ��� `Lt.r'�j';�'7,���r': ,?��:�,;':'�: ,.i� � ;,, �� l i ¢S� y .�'^'� ,:.i� �, � �� ' i" �SF i �ii�r;n,��r:i� ` �?k,i_'1`i e-�., �'�r�s 'v. � .1� ��F .ls� � ,iis �a�,�:.3:;�-��t ��' �.. �>>: K.. �.� �� 1 � r.�,�.�x��=:��;.�,:� �;���;�;.�-,•K��;�:;..;., (B) Nc� outd9or sto�rage of any rnater�als, proa�cts, ar wastes sf�a�� oG��r •�;r�S ,�' �� ��� ;;.;;:,�;r�-�'�'�1`%�.��;.,.,���'•��''���:tr. other than the occasional (i.e. rtat mare often than ar�ce a week) ar�d temporary �°` �� � c.�y�`,.y� t� � ��:..�•�., •: - r 7,' ., �°�:�'°�'�yw�' :if=:''•�1 ''4rt''•�:?:t:� �i.e. for n�t more than 24 haurs) storage ot r�ateria�s products nr wastes p�i �r` �� t Sr .)4yi:�.i�'., �}'���i.h ,�'.'�'�'' �L:l'_ � � f }"� � s �'' ��: ,. �., .. � J. _. �, ������lfi �`'�:��--3����'{. _-���.,. `��' received in or prepared far shipme�t. �� ��.��s':.�''?.��? ��+iFr�z,�:,�.e�._F,,y,_:.t.,. r..a.. �. _ � E�_ , _ R (9) A1� ��es, whether permitted, canditionai or non�onforrtt�ing� shall be :; conducted in campliance with the use standards cnntai�ed in Sectian 136.flU5. r�:b��'�;1�;'.� Sec, 135.1526. airoensionai and nUmer�ca'l d8�re��Qment req�trentents. � ��1 ,� `nr=a�Za-L ; `r .c� ', . { ihe following dimensianal ar�d numerical requirements shall apply to �J�,��.��',;,�� .�4 i,';3 deveiopment withan �ese�rch, Developmen� and Of�ice Park Disfiricts: • • :�,=;.�N a�,�,�,�� �.,�4.. : � ^�.� n��� a'. �'C ��...:.� :;: (1} Minimum lot area: Twen�y ��ousand (20,000} square feet. • i}�;,�,j�*,-�w`i i �; •. � � �y.��f}`.1'"'Y�``�'Ft` � � l 7;F' M1� 4 y' '���, ; ' (2) �linymum lat width at se�back 1 ine: � One hundred (1�D) f�et. ' -� ��;��� , s� .'�! ��``-i''T�, ��fi s :��,s � ' `';t��t$�' =i�iy� j; lc..,T,'tf, :.€,..' ;�s (3) Minimum lot depth: On� hundred (l0U) feet. �.a�t,�,,a�;,,���;��;i;�iu�.�. . L,� . ' �� (4) Minfmum set�acks: Struciures shall be af�arded setbacks whic� measure not iess than hereinafter refere�ced nor less than any higher standard which may be applicab]e to a particular pro�erty i� accordance w�th the unifi4rm deve�apment regulati4ns contained in cha�ter 13b. a. Principal and accessory structures: i. Fro� a street right-of-way: Tw�nty (2U) feet. 2. Fram a side ar rear praperty iine a6utting a nonresidentiai zone: Ten (i0) feet. • 3. Fram a side or rear praper�y line abut�ing a residen�ial zone: �if�een (15) feet. . 4. From a side or rear property line abutting a railroad.right-of- way: Nane requir�d, b. Reserved. 0 (5} Maximum height: Fifty (5D) �eet, exc�pt that suc� height limit�tian shall, where applicable� be increased or reduc�d in accard wi�h the height bonus , 3 J «�w�'r f v• f ' -... - .-.�..-�- -- +r+-. -wN - . . . . .. • . . -� l. _ . . .. . __ , , _ . - �`�if�� � 1 � a d � �t'<�^1��:'?7.'�7�!t.b�"t!o"Y y;'kEi�}�.`,"!.�t;v�:r�.k.,a•.•F'rk:e�k.rs`.l�y`:k+^x�:'rF'�,� : �° ^ : ���"'" � :.it.' `'. .,r�^..;.,��?, �,,,•r.. �,t�rf;..r.,....,Z;.:,,b, �.Y,^.�w-..r�;,�<<ur�:��we"+r._'.�;t:",;r�1:.,�v^a4'Y� :.c'L��',t"'��.'�`:'3'•'F`'��'YY�f���;;},ti�, d��� ..'�:.. . >. . . •� :.r:.� .�'' V , . . . . . . 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' , , ,�,� �'rb.�3���,7 :;...��"�.�1 ,i'., tf'`����F .� ti I� �� '� . .t�y,�}�s{,�Y.�,.b.���'�A .. . �.;:,.• `;<: °'t . • . �s � . .,t �F"w'�Y� ��;a. �u�r r 4! 51�.' ri�! = ' ': �. ,� �:, � . . .� -�'!�4 �r i•e.. ip- 's,: ��`f`,.'�z';ti�=,�;:�r,,.{�f��`:.4;:.�-•,;.��;:��'� provisions, airport restrictions, and ather reguia�ions contained in sec�ian °��4x� � �.���-���,� " �:�<<`',.<�!`.,;�;�;.•;,,�;:'i,.r `, "' ��;��; I36.004. �'�,'i;���yr�� ".�'*�',�.`''�:�„; `' •�.:�tf ,;�.....k ",'*�-. �� ' .`iy.� � � 's� '• :; t":;i'r • -',. ; t,� ` . � i ¢�'���:r,p .t�,fi. ��,,, . ;.r,; ��:.. �..G.�i'",: :. � �+� �.t„� rR�I..:Y,,,;�,:,'�3f;::';: �.,"; ;: .`� (6j Minimum open spa�e: , �� "� ;'v�. ;tl'.," �'t� �wY Y•¢ r . .�� ��,."•� �'��i�i��:.ti�a`t,}r''?'r ,5,'.`''}'�;.��: �'.�1� i�l� • �s,,t ��� �° �"` • Tr �'�" �' � ::x`.",? �' �ti.•;:' �•• �.:e': � ' !�' i� * ��t'°'°�' �•_,�'��:��-'3-�;�:; ;; ::��'�°��: a. For the iot: Twenty (20y per cent of the lot area �{�� ��` ' y,..,: `�_.� ► �... .�PF '�:'- � ��' � f r �4 a�Tf•r:i?' `�%� ��}:T'?'{,1e. �';'�,�'�� F� +�+ � ��.1r; ,�i•.` ).�if?w}:C: ,... ... �'�r, #�i:t�#"i.".Hr�. �:i' a �.�, ryC >o:;,• -,,,�{(,•n .. , t� ?,w:� ...��.;�;:� � y�1�i' �^= t� � tF ; �.�^,� �`_' f:,.�m ,'�'s�ti F . �:�= � :. .�x�. �, N�,�, � a. k � ��� ; �F , s:'ivA �,j, a '�i�..Ji;ii`.i , . �.� ��r! .: tb �. '.,tiai ' .�i���C?i ,F�.�`•��ii r`.r�,tx.c�s� a�;�.',:`` w.iJrel'�„'u�:�;.j j; t'4c;� -'�i',°;3f;:},y;, a;r;:fir �� �7:� •. �� .;, >�'s';�u .h-K;;;=:n�:;:f ; �,�w.,f:�i Lh '{�,,,,� 1� ay �;;.:. .,�, �,:� �kk� �' � ,•:� ; � � •at.:- `�'i;'. � "'• �',.:'i� {, y, .`.,�k%;:•t '��jrdx�tY�-�ct"I:'�s I �� � �.� i ° �r: � � [�5:, � , 'jF41r ' 3., i� :' [' r' �;� �`'.i � � i '1..�. „�i.ti ` ; .k �. si ;. ,,;) rt a:�s:,?�;s;:yt k �°•S�ru ���4f�yt;� ;t'+ � �,,.,. �_ � � i� 1:;� re =Y , � :_.,�;+; �; ;�i .� .t •� .. �lf:��,'�s �"� r�...�; i'i;.�i�\P Stt,..s_x�'�i� '�;.^I.Y�� J�� �t L,ls, `��':'� '���;: :;� �. .�•��„ S'•`f�ti1,l ��'� ry✓ {,,"''�� A� � �� �4 �l%� ��. �;��1 '�,�T;�.+ F:�:t.v��� ._ . b. For the front yard: Fifty (5Dy per c�nt o� the front yard area. �7) �laximum floor area ratio: 0.4, (B) t�ir�imum building separation distance with�n a deve�opr�ent: Each buildir�g within a development shali be segarated frain each oti�er building witf�it� the sa�ne development by a distance equaT to farty (40} �er cen� of the sum af the h�ights af such two �2j adjacent buildings, but ir� no case shall the separa�ian clistanee �e Iess than twe�ty (2{�} �eet. ���� (9J Max-�mum bu�idir�g coverage: Forty {40) per cent. y�{, i� � �,=F< ectian 2. In 5�6sect�Qn (c) af Sectian 13fi.025, Code of Ordinances ;F Paragraghs fi, 24.1), and (25j and the introductory sentence of Paragraph (17� ;��: are am�nded, and Paragraphs �12.1}, (15.1), and �22.1) ar� added, to read: �•: Sec. 136.OZ5. Conditionai use st�ndards. (c) Supplem�ntary standards, by category of use. i'he tollowing standards (which app3y to the identifiied category of use) shail suppiement the genera7 stand�rds af use identifi�d above and na conditional use shaii be aut�iarized unless de�ermined to meet ali af the standards app�icabTe thereto. � * * * * (6) 8us�ness services may �e permi�ted with�r�the�leighborhood Cammercial Districts upan de�ermit�ation that the use compliss with alI of the general star�dards Canta�ned in subsection (b) of this section. • b. The use cam iies with alT of the er�eral sta dards contain�d i 5ilb5@Ct1011 b of this sectior�, * * ,r * ,r I2.1;�otelLmot�ls mav h�e aermitted in the Researckt. �lgve1opment a�d �ice ark Dis� jct upon dPtermit�ation that: ��� . , s _ 4 . , .... _ . a.. . ....,�. . 0 S �r .} q; �'� ;� y4.� r'-� �,�s �.e, '.�.,-S,� :'x,�[p'r��..,�.L^�N,"�"rf,'�'. 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'� '��=� � :;i,t' ��;�:,� - " P., � ��... servi ces to a ro e � �.�} .���F,�'^' � -�;� f,tir•��3;::: . � � a. The use �rovides as its rimarv _Q r Se, i �� rtv or � �'��: �y '�'���'���:=t�.=- !'�,,{i'."r�l: ':h �.;:,���•,1.� - L-. ___ _ I!�'lY�`y;�uY{k���.,yS� � �+�'w'• �';'�`°, • ra �rties contai�nlin one or more af �� the ermitted use of the R�search ����°��i'� .�r •^��� �°" ��; � , '.�. f CiPl.�.•;t-�y„y'1!� (� �Y.^�� . �`�'� '� ` {�e`.�o e and f]pT ce a�w4 nistrict and s located not mor/� tha}� on/� ua tQ �w �'�=�y'��'� rf'"� �"i'v•� ij"`'{� ..�.�.:�,'e�• �a �:r• '�•�'i�".� ��,1�.��'`.A 1/ T� � �� Lil 1 1 � f ^ 1 e !1 -l� � � yl j)yj'Y.�� �L5;�/�'S x-• •+�rr➢n�'� • ����`, ��": `�>:� ��;:��� •.t �->� `:; �: ,> i � 4 mi � e f am sucf� ro erit ar rn Erties • and �'�, ��y"�"�"�k r} '�'� t�� , �: � e��� .�-. t �: �,,.�� .�,��, �'� �, ��..'. . �!f ,� ' f ' y! y�. :� • £ ��f • ��� �� � °��:.�' ..: , . 'f'°k�y���,�y,' .E 'Q,% ; .;•.' : 6;'. :'',' .i, ' • �a,a! �F � .�i:, � `v�'•'�s "v? '.��r°+'� ?�T::`�.'�1;. :.,;,.::�� b. The use com lies with ail of the eneral standards contaitted in ��'i���=°'�� �. .; �.s.: � '�•,-;�„ 't • " , w•''�� ��� ��� .',F' A` ..o •Yi 'Y _ ��:��, __.�;• ::t�,}'�.°:;°�;;���,;.,,.•� subsect�an � of th�s sec�ion. '`__:�,;���;��� �t ,: ;• �� . ��,.�� A.�� '{ _ �aTo � �. � a� 7 ..'r,, �y ; ,.;,�,4.;.�'.w �w �C��^""�� i• '��'�' j��ti r x � * *' 71f tk ����'����'�'��'r�h,: #J� ` :t:, �.r:;:'Y"' it#,`�' r.," . i '{�'q'�8�s�,,l�fr�^���� � � . �l. •i�4.. � ' h.•�li.'�+iJT'(.•r•�•I�. .+1!!lS . .>>:.�'F:.�; „t,,:..�;i�'.�. ��;�•; : 'i'I;:. j".�� 3���y��'�' .n % �j . � ;'i�; o: �:',�' x�..i;:c'r:ti��� `�•. . � ��� _y -� �`ti?���= . , lfi.l Manufacturin uses ma be rovided in the Research Deveio mer�t ���,�:���� ;�.:y :�.�.; rC,:'Jil��yiL;�;�.;,j;�; _':.;•�t:;•'� •fT �7(y{hi. ,�' �';= -k�- •�_.� � ;:, - � and pffice Park District upon determination �hat: z:F�,� ;,��. . ^j.,5_`•"I ,�'���i_s•^ y�'- .'.��=7-.'.L;:, ; +-?��r � } .: _ I;:�i:. �� 1;r��• .!. .� �.,' ; : � ya'j��.,y�&,� � �, �� "^'d'��;'• ',�; �`3� :a,� i;�� � +�i � r.k +.-' N 1' '':>»r�'�;�,y:.;;�.�x',,:;, s�,;,-',�:!�,�.:� a. �he hours af operation are comnati6le with 5lJI"1"O1,Ii1��ilQ �ses; �;=�'�y��`j� ; '.,'f,,.Yy�y,Try.:w,,.,, ; �x.:6_,�•-a•.�,,.r ' �;.�1;+� � - � +'� , =^5�^..t: , j:; �' .`"��;:�n a•�;1,•..:'�'�',s'� R�-S.� r� S.rit ;�; �,�'`,� .��',•�':'�-;�,..+'�,:,: .� b. The volume of traffic penerated hv the use is_campa�ib�e �rith s;�,��.�����'; `;�,.� 4; .,;:- •�� '�,. . ;s.:=�;: , ,,••;,, _ ` - _ , . �,,���� �a;;v.:.�,,,;N� . ;'��_:'��>:� surrau�dinq uSes:, ;��;y�� �,,.� � �. `.�'''�+•�' i� r,' �i,' ':::Y�'.� r;{';�n� " � � . ��i}P7�x;�`� x x �^'{.�.. ' «��;'.,. k� r:a i/'. '' , . , .��,..: � � � " W'�' "`'�'' '° "��'`°3''�' �" c. An naise er�erated b the use i5 c m ati 1 r�ith r� n �"'" ��� �� .. .� �;��:='��•..,��,•�.-t-� ` •-� ,. ' ';,��� n b e su o� din �ses• . .y;;.x�� � �y 1�_��`,ir�._�(.:"i:i` f_��, i�ij-�,1i.ii�`.. .i•'' • i ' __ _ 'irt'�} �!�?,i �4_T,O. __ . ���' . �Y'�, r`': .�•I•JYR,�f 1"`i,.' � Yr�: , 3 ; � : �� a: �, � �; �x:' f ��t•. � . , ' ' . �......`•Y!' e^��,: ^f.}^"*'i ,w` . •��<'.:i: ,.���.}�:ti�:�,.�:7.,+���, ��y'� � �' �' �`"n ii�a'�,lt��j'�ht.��;' ;�!�, i � �,j i�. �+r�,4�`fr :4.Y �..s a,`�� i:, ::'`sr�;ir�;• } F �;• �,• �:i:'t;��i'=� ;,si:'i;;,.,'a7e,', '',;.:;'..: �i;�.G'e�z1�i'� :f � 4 •xLy.ti�:;:�<r..;:�: ��zS�.r: .{ M r�'� , Y� ;„ L . . '•-X�#t�iL'��:�i:•.:;:':1:�;;�«:. ,a-;�x,°", ,"4 �':��'�>?c,:., ;f�.. .. .:��':� ,, k ;;,:>: ;"�;�;.�,-�, '•:,S��t •"�S'�t1,�•�`4a.�,:,: ,�, .�_, :r��:;�. f: : �.'y ,if��'� ���.k ..c,..:i;:'�i.i��ni;.�. J:;-'-4;'t-'�?>,. , �-';�-}�;r :{�y5; ;��.`:�_1 i�'�.� "y'.._Y.; u;�'"� L'..•:�'3'•i`T:1���'1'�R,'s'..4i.;�`ow:���'� � C' �i �f�� +;_':/}.� 7 � ��' `«t)�:.' . �. y1�;.., � .a4y "Jr'`'��;"'�.'.�Ai.��i�r�'l�s� :`,A.;.lt.{:�;'tl� ; M'a t9'." i 9Jyi \r"" Jv 'f' !1 � y. i�i�'' '�;11 �� l� T" i.' ��^.�.'. i • a����'"} . , �.c�'•r.':i� �*;���r :1a4 . ,�.,p- . •t , ��1gr�'�'v�;9��'ri�, ?'Y���'r �YL� °�"i�ix� .�k`A.'byf`;� I i�f3a:'IiSr�r T ".45; {N`1,�U ,xC;'r,°��7.�^ .�S��F=:a'ai;�r>rZt.�xi�F�'r�; ".��l:, � `F_�`i�::. j:;,?i'�:#`� ?`r"�?:t�.^�.'r .� .,'�Y_> . :.� �� � d. �he use com lies with aT] of the �neral standards contained �n subsec�ion b of this section. (i7) �xce�t as proyided herein, marina taciliti�s may be per�3tted in ti�e , Beac�r Commercial, ReSOrt Commercial "�wenty-Fo�r" ahd "Twenty-�ig�t," Genera] Cot�nercial, Research D�veio ment and Office Park and pub�ic/Semi-PUblic Distr�cts, SUbj@C� '�[I th� following: * * * * � �22.1] i�ersonal sPrvice5 mav be Aermitted in the Research_, Qeveiopment and Uffic� Park District uaon d�terminatinn that: b. T�e use com lie� wit al] of the enerai stan�ards ca tained in su�section b of this sec�ian. 7F �t # 'k * {2�.1) Residential she�ters may be permitted within the r��,1ti-Fami�y Residential Districts� and th� �im�ted Office� Neigh�orhoad Commerc�a], Genera� Camnercia�, Highway Commerciai, Limited Industrial,L Research. Uev�lonment and f e park and Public/S��ipublic Districts upon deter�iiRa�ion that the use comp i�s with a]1 a# th� general standards contained in subsection �� �a�� (b) af this ser.tion. (25) Restaurant and indoor retail sales may be permitted in conjunction with a golf course in an Open 5pacelRecr�ational District upon determination that . . �.....,.� � !• �, 1 iµ• y � � f �y F �', ii �_ •' ! 4 i n� ��� � .{ : `, ry •r �' � ; y �� � ; % �,_ � ��, �� F. A's�q/f'�`di'`S•;"� .�i. �4;R4i�i?�..fi�.�.��,��e�tt..r".t�:,�+E.{'e.u..a...E?.', .;�r����+-.�5:f:�.4wn,+r�. ,•S,rr...ai�,a�r�;y�{,' �tr� wei�hk�'a:.:�n.74r,'.�t.��.pmrti�iP'i�°�QSStri*�pt{�w.ie�lr�,�"4a,1�"e.t.±u'�{=�,Y�,a�yaF�,� e � dC1�` .�J ''i. � «;; .• . . � . •S - r �✓ � ,, . . � �a!' '�ie ° :..�.:5 :" � • . . . �e , � ' a { ',,i �''q,. S�. ^�' 'F� f"'z"�I h`r, -�� 'e`! �'i-i}'�<4;. �' a. � .r' `� �' ���t..��•�� <•t'.�� a�,=: .,;� :r. ��,�..i. ,S.,ij � '�S�j.."�1 �� • 41 ' 6T �5� 'k' � .' e" t� ' i ' � ti' .: r � ?d� � C .a�5. A" , •'r�.. ;�(' {' •Y.:�j,, �r`. s � : h ` µ6 t..e a . . 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' . . • � �� � � . ,. �, ... ,� a•j e r.�� �„ � C �. 5•�_.n�.s. ,,�.��S��ta�4'j,�n�j+:G..�}.x..�%.;�:�:��--.:���'..Itw�.awxM���w.JEi.tLi.7..:.tt:s...u+..n,,..�......,_.`..,-.....��.:^...�:�.,e�:....::..+:s��..�,n..�wn-..«...,�-.........J...�.�,..4,....�.�ww�riire+{s�111��^,"ix;':"��''#�i'f,�f1N•�1�+�, i�'j,' � 5 � �,; b'. � . • :� ��a����Y?� r ' � �?, '2 . �:�a(,S ��� ,: ;'t . • _ ' ., f'��j�%" ��� �c. i j.le��M1.'.;r.,.,��_ d . �P�d.����. . ✓3 t • " R r�� � '� � '� i, �, r'..}' _ ^ ���t � ` ;,� � ��:rl::'-L,:!�r i . � ' »� ' i s^• =: �� �?g °,;. ,� ' � »` . ��} 4�.�,� '�t�+..t,.,•. 9 c,'��i�E�w'e•.-.^....c� ; ,�'�s 'K'� "�Y. ' •'„i ` •G' � •+�7 h � � '� '�{:'1,';�: K� ':5 +�`,i .�i .`1�F,��` i� Y- 7� z',. L�.e a.�,{, � s�`, a. ��;. i��'�y,,:t ��� �.�':' .• . ,i'�'k��l�'t��' � . ;�r�:,,y���<<<3,�;�.;:., �he use complies with all of the generaI standards contained in subsection �e . ��; ���� �y,�.'•, ;;=r�}:_.:�--_� '.,• . (b) af this s�ction. R�staurants mav be n�rmitted in the, .:����Y�� f ',:.. �i,';tt:,^ '�:::";' a �U� ,: � �.�,,..:,� �~� ....:� Research. develoament ar�d Oftice Park DiStrict uaon d�termination that: >�� �w� .,�S.;t.:�ry�.u, .� •� � �. ��5. �..': f�.,. . - �����•!.�"�i �•.�� r�':K . �F���:•,� ,.•:��;�:. a. The use_�ravides as i�s qrimar ur asJ_services_ta a nroqertv or �.�� `�'��`�"�`�'°'�•"•`'r' nrar�erties con�aininn one �or rrwre of the n�ermitted use of the Res�arch. ��., x�,.; �•.._ _ . .. . . , i _ b. The use com l�es with all of the enera� standards cor�taine� in s�bsection b af this sectian. S�ctio� 3. 'ihis ordinance shall �ake eftec� immediately upan adoptian. PASS�Q ON F�I�ST R�ADI�IG Auaust 1. 1991 � PASSEp ON S�C�N� AHD FINAL READIH6 AHD ADOPi'�p Rita Garvey Mayar-Commissioner A�test: Cynt 1a E. au eau City C7erk ApQraved as to farm and carrectness: ������ . , a ra t � r. City Attorney ��� � , , ' 3l���l�i�', _..,� , �,: , . �� . , . � . , ., ; b . � , � . .. ._ a, Y . . _. ... , .. . r_.. w��... ... . ...., . , .. ,, .. , .. -�,�—,_ . a� � s` �'tr '^Rf? . . x .. S, `ALM 't„`.:.5 4'� �lls� st..t�s.�� • 'S .'1 tl.. �W'4�� 1R+ir.!..0 e )t�.. E'ti �,✓'Sl,.. i.Y� Nwry x�.` ; :hF�.i.wr= .{,A'M �!� �v�A'�3 A�k ��,���,_!E..�,�rw��,'i�'�.f�?�.tYw,�kp,y�i��'Y�':� ;i�': �� � .. . , .. ++�'' ,'k; .•yy �� . {ti,. a�_, '�':._x� ,;' •;_ .. .�! ; .�'?" '�.5,�.�f��ta .y.r� � �: , . � , . , � ' � � "~ . ,.: - ,.x.:' � �r��. `e.S4��yJ `�f � .�:,i' .'J' �I.�. . � ' . ,''! t . � h �r�:i • . i. `,t�:.;`�'.". . ' :.�:'Y,.wy..�• .i �,.�?� 44��`t�' fi,.'. vF � CA�! �. f:< rs 'i r�. �'}' 6F'.,S' '.i'" r:(.%'-:'f��:�•��� Zv�� � ya4": :�'v�:l f'ia,g ` E��� p.����� ��r_� f;.Y: i1�ii�����;��'`"."r��`��S'x,T.�!k_�.'�'�:,i� ..'':",:"..':E..,.�'�'_R�Z:. _. ,r��� '�._ _ ._ r'�.,.,._: 3�,_�„-r "? .;; �x�_�~f,° ti ��. ��.%" k+'�!�rw+ . .. �«.. .._. 7.''.. :,�_.'x:r� �Y _c�. 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Y{'tli.�. ri'a..tL�af'.A .•1'if;.�:f .� :StT�e' a'.:.'%s�51�..J!S�"a n��.s'.e'!��. '�i' , .�'+'' �:5- t`� � , • ri�� ;til�•,` ;�r:t;�.°.:, '^�',�F�.��� � .K�.i', ��; , x !' . . �•'s. . .`.� x'!l' �� ��� ':� a.Y.' •St, . .!y�p C'�;�����'`�t.��, :1.�.1Fi.ii�r.:' �.l";'-;`,�:;;��r;�' y��'.� F , i ..'.=t:.�s'�`� •:r �r'��..: ::�:� '.,.1y�':I'";,,�!;�.�1.. t��''�:,fe`,rt.Y'�{�'� � • � �- ... . .. f.: . , y; � ; .,� , ,' '.i',;. •; '�: � . t �` �� f��i t .�a '���>.,..,i;� ,., ..;P:';e �''" ����`'a`w'..'�i...v�. i��.{'rR�R�++.�:���.'@KMRk+A.W.....:».:c..�.iafKVAIC�'Ybi�': � �--*� � MO�tOh TO AM�N� ,ORpI3VAHCE t�0. 5107-91 1. On page 2, revise 5ectian 135.1525(lj as foilaws: (1} One accessory dweiling may be provided for security pu�poses on any property having a lot area of �Q,,,000 sauare feet e�e '�-�-�e,�r mdre. 2. On page 3, amend Section 135.1526 as fol�ows: The fo��awing dimensionai and n�mericai requirement. shall apply �to development within Research� �evelopment and Office Park Distric�s: (I) Minimum tat area: F'o t t ousand �40.000� �� � 94} square feet. {2) Minim�m lot width at sethack line: q�e hundred fiftv ,�,150} feet. � (3) Mir�imum lat depth: One hundred fiftv f 150i 6�e-�a�� r,-�;- feet. (4) Minimu� setbacks: S�ructures shali 6e af�orded setbacks which m�asure not less than hereinafter refer�nc�d nor less than any higher startdard which may be applicab�e tn a particular property in accor�ance with the uniform development reg�latians conta��ed in chapter 136. a. Principal and accessory structures: 1. From a street right-af-way: Forty (40] �� {�A�- �ee�. 2. From a side or rear proper�y line ab�tting a nonre�identiaZ zane: Twentv f20) �+-(-�9} �ee�. � . 3. From a s�de or rear property line abutting a residential zone: Tv�entv-f4ve (25} F�*"��} feet. 4. Fram a side or rear pro�erty line abutting a raiZroad righ��af-way: None required. 3. On page �, amend Suhsec��an (61 of Section 135,1526 as foliows: (6) Minimum open space: a. For �he lot: Fort 40 �w�9�} per cent o� #he �ot area. �} � r' i h. For the front yard; . .I. _ Fifty (50) per cent of the front yard (�4TE: The cading (underlining and s�ruck-through type) is�inten�ed to shaw you the efifect of each amendmant. . If th� a�endments ar�d th� �rdinance are adap�ed, the � �inal draft of the ordinance wi]1 5how tfie r�ew language� but not the delet�d langc�age c�r the coding. ._..��. . -..-.....,�e�7,7L^� f, � \ � F'";;�'� ��� `��,'�'�'4'�t���q��a . ;1��— r�.t�:�'( �`f��; - .�ti�'i%a",;;,;f�ib? _. q��i�i� ;.�fti ? ,�r�:a. r� ���.''ii�' . ,. :,` ��A", �..��fff�.�{ : { ,'r;�3�.� �., ��f��;�•+� 1� .F.•�'ti �<.i-rk�s'.`� ; y.� .: ,� F?,�,; [ � `� � ``Ti i �: � ;,i'M1:�� � �. �S' '�t'�'�,': � •�• ^.eiHN••�`�41i _ ;�J ,;:k.t';j'7Y '�' ?�•I;R����• `' -� tf� `� :?'��-�„s��`:s�� •�:'�. o1���.i `f� 4r4 {i. ,7; tr� F:°��;'3"; i' �^S�6'�'�!� , ao+ �9 ti; � ,.r ,., . i;% 1�1I• r; �r%�- . ;`�� �}f ��_<< ';��' . � Y, � z �.�� � �R'� _�:: .. .. � } ! :� }.w '� � �� :��a �t �, ;a. �� ��� N S '� 1 �, . �; � . �• �.f �.a s • • �r,-„^r�.�: . „�Y��� �e,.d^^.�e:��'' ,',.''°'i'"'�`!�+.1A�.'.;1, trJ �ai�"ys�n� a 'aC7�.�r!t'li�:�'�•,�,.` k�.AIM��TL}�,.; H��.i�4�'� 1�:?ER�tt{' �,�`9'.'+5';�`����,nSFk�;a�Y,�..f �t„r!�'i-" ��'r�-:� �'�'�1,+: :s` 5�" L:' 'S' V '�, . . i , u. .. 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' ' , ' ' .' • 'l,c., '! ` � 4 �" "t�r'�y �'s..., , F',': '' . . :',. � 4�>+=r �:.��i.: ,. . . � . � , .. . . , . -tl��,.�s'ef,^'`.e7:::!.li.:����x���: 'y�� x ' ......._... . � . ,....- . :� . .-..�a.K.riY.!r'LrM.erw�.��..1........_ ... . .....r.�.�......�,-.........,"'._.....�.., ._. .. ......�-a+.+Y��.'���..,r ��It.:5��Y�i d�^I y �`�� �•°, '�.+_t� i• •, , �it'�S.`� r.«1...�������':��`,` � , y _;,;:; :�: ti 't � L AUG-14-1951 15 � 04 FROM C 1 i'Y OF CLIJ. E�JG 1 N�ER i h!G TO C I TY MANraGER P. 0z ,�F �'�� �•� ���,�� �r; •. -':� � �::�' �� •A,.. ��`�, z ', �;; . .•,.. `.� v.t�.��; � � �. . `,1,. ;'�,� . r. , h ;�, .; ti . °,s, � '��,,�'�.�� , . ��ifr`•i't��`;�c�'�:: ` • ` �r,}IM1i'st:5�i�� 'rYJ i�Y.ry�' i 'w l•f -+:':{. . � A , w1r r�� + :...; , U LF� Y;�Y� � �f� ��• i ' ~'i• 1 � ' ��'� V 1� I •''s �'kl?.Y`���"�'1s , 1: ;�;�4�`�'��'3�a � i C T m Y 0 F C L E A R�P .A T S R � ��� �}'�� a. :.�x'}=�'ti%i`i r,� ,��r , •i.`. ��' �'' "I �i:. �il�riii��:i1'1) `i.i� �{aG�+� '� "ir � �'••.`r',•' ? i'r'„f ' . { � '� :i4.�'.'�:,' . ��� �, r � � "r �n . _ _ . . :`\: �. ':• �' S� �,k , ::;; �.. ;.�° ;r� w,. '.`.��t:�•:`: �O: Mayor anci Ciry Couwussion � FROM: J8,mc5 M, Polatty� Jr.� Director of Ptaaaiag and Developmtut �� SUS7F�': itescarch, Deveiopmeat aad Of�ice Park (RD}Zoning District G�0�3�5: Aiichs�el Wright, City Manager . M.A.Galbraith, L�ty Attorney DATE: August 14, 199x Thc Cily Attorney has preparcd a maiion to ameud tiic a�ov�-re�erenr,ed i.and D�vt[apmcnt Cqdo amendment. This mvhon to ae�ead IndUdcs tLe followiag changes to the proposed RDzatring district: 1) Minimum iat azea is iacreassd to 40�400 sq• f�. �rom ?A�000 sq. ft. 2) Minimu�n !ot widtk is incrcascd co LSU fact from �DO fcet. 3) Miaivaum tot da�th Is incrcased to 150 fect from 1Q0 fect. 4) Miaimum strcct xight-o£-way setback i.4 iacreased to 40 fcct �ro�ooi 2A fect. 5} Miaua�um� side/rear property line setbacks are incrensed to 7A fect frvw 10 EeeG 6) Miuisn,yAaside(rear y�roperty liuesctbacks ahutti�� rosidontiel zouing districts nre iQcr�t�.s�c� to 75 feet Eroai 15 feet. 7) N�[uaimum iot opca sp�cx is iurseased to 44 (�es�c;ent from ?A �ruRt� S) Miaimwop front yard opea spaC� is imcreascd to 75 percrat for �ropertits having street rig�t• of-way setbacks of bctwcca �t0 �nd 59.9 fasG '�'hc,sc ahanges w;il crca:e A larga scalc, "parklikc" davelopzatAt pattern, as �iscusted by thc Co�miSSiaa ia Monduy`s worksesaion. p�u�rdrev.ss � , - . , . � , .� . .r. . � - _.,.._....-.-- , , a � � •y �� t, . .. - :.--. ; . :.,_ . ..� . . .. .. . ... . �: - , ..... .. . .r .. ..�,�c,w.,,,,,a��..,._ _ • { . , • . � ' . r 0 ,i .� � � � •. � � `_ �, �� . 1 . :.7�r,��,�3��`i'�.S�M�c�lni .^of ',K��4�ft.�,�,.}.�T_ +r. 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' s �� r+,k c• :�r,r..�:��� COi'1GS: Michael Wright, City Mnnngcr � : ���, � , ► xT?;��r���:'�.,��.,.,.:'i_ i ;��� i���''i'f'=4 �.�A�.f}}�"ti,}fi� Kalhy Rice, bcputy City MAnager �� �'�};: ; ;%��,:'�;,���;�s �:•` ..' F�`; .. Scott Shufard, Plnntiing l�ianager �,� ; ,; `� DATE: August 12, 199I A 9 T1te Commissi�n hns requested ll�at stnif research �he minimu� dislrict and lat areas propasecl fot the naw RCSP.SItCIlr Devet�pmenl end Office Park wning Qistrict. There are bnsically twu pocsibiiities tar lhe Cnmmissian to consider concerning this district. The lirsl choice is to crc�le n Inrge, "p�rklikc"zorting �lislrict, wi�h rclnti�ely high miniirtium district nnd iot nrens; �his dis�rict would bn geared toward Iprger prnperlics, suclti ns the Park Plnce profect. 'I'he o�her ap�ion is t� creale n district Ihat cuntnins rel�tivcly �ow minimum districi nn�I !ot nrens, which wauld promote uso oi lhe dis�riat for bnth large- scnls devetnpments anc! inlil! projects. Tl�a stafF origint�lly propnsed a mi�imum �iislrict size af 2 ecres nnd � minimurn lot aren ai 20,OOOsquAre fee�, wilh l6c iclea thnl thcse mimimums would incrcnsc Ihc Jlexibilityin usio� tliis district for bolh largc, und�vclvpcci nrens suct� ns llie p�rk Pin�e project an�t for stnnller, infill clevelopment nrcas such as !he Rehm prorerty. 'I�ie i'{nnning nnd Zc�ning Bonrd, nt its mr.cting of 3uiy 30,199i, rccommcndcil that Iheso minimums be rcfaihcc! tu provide �his (lexihilicy. Thcrc haR been discussion by �11e Cammissivn lo incrense lha miniinum dislrict siza l0 4 acres snd Ihe minimum lal size to 1 acse 143,SG4sq, i4.), T4ti4s �vnuld crentc a znning slistriel prinsnrily geareci toward 4arger �roper�ie.�. Tl�is wnuld limil the pnlcntinl for t�so nf tliis dislrict far iniill develnpmenk, bul is more in kceping wilh lhe "tr�reli�ional' minimuin dislrict and lot size.s nf this tyne of dislrict. Il �sliould be noleci, however, thnt most cnmmt�nities tl►�►! ulilize a"Reses�rch ancl Develn�merrt," 'Affice Park,"ar "Dusiness Park" dislric�s typically huve a nuniber a( ralnlively large undevelc�ped usens la whiCh !o t+pgly �ltese clistricls. Cleaswates c4ors nol shase lhis chniaclerislic wilh lhe.se communities. Tiie st�iff !'eels tlint, given Clcarwater's development �nitems, u smaller clisttict nnd lot cize is appropriate for the Rescarch, I]evcln�ment and Uffce Pnrk F�isl�ic�. F,iowever, iithe Cammissinn desires tn utEiiu th�s distsict fc�r larger Rres�s, tho slufC wc�u�d recaimnen�I tha deve2urmcnt of a similnr clislrict which could bC used primarily r�r �nrr� �«5 titiat wauld hnve smaller minimum di�lrict and ldt sizes, and perhups mora reskriclions an (lonr nrc� rntiu� use limilntions, �Ic. than tlic propnsed tlistrick so as la betler buffcr uses in lliis t�cw dislrict fron� uses in adjoining x,o�ing clislricls. 7'itic s�a{'f has prcpnred tlic altac��ecl lable summarizing anm� pertin�nt devela�mcnt restrictians in a riumber oF exisling City zoning dis�r�cts ta a11aw coin�nrisoo wilh Ihe propnscd Rb Districl. pinlydmins.Ks i , .... ._ . . ,.. . ,�-�,.���. + ' � � �: � �'� � - �rl r. 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AH ORDINANCE OF TH� CIYY 0� CLE4RWA�'ER, ��ORIDA� , �; �`: i���,i+�`I �tc:v�? ;<76 '�`�:�� ,; i'` % <� � � � � "` '�i:s�.��'w�� �:�,°��,:.�,:j�§�',,..3:'.k.:�',.:e, RELAiING i0 fii� STANDARD BUILDING CODES; �t�PEALING ., L�.j:�.;�:��i,���'�,:��,�;b,,,, i�y;.;�;:�.;',;�,;:��;�:� ARTICLE I OF CHAP�Eit 138, COQE OF QR�Il�AI�C�S, RELATI�G � � i: ���: r= 0 � 0 TO TH�C STA�3flARD Bl1IL�IHG CO��; REP�ALING C�iAP�ERS f39� 140, 14�, I42, AND 144, COUE OF DRDiNA1�CES� R�LATIhG TO T�I� NA�'IO�AL ELECTAICAL C4D�, TiiE SiAN�ARR �LUMBINS CODE, 7H� GA5 CODE OF THE CITY OF CI.�ARWA7�R, 7HE SiANaARQ MECHANiCA{. CODE, aF�D T4�� ROD�ING C4DE OF TIiE CITY QF Ci.�ARWATE�i; CR�A7IHG A NEW ARTiCLE I WIZHIN CHaPTER �38, COD� 0� �R�INA�tC�S, �0 AD4Pi' CERTAIN S��CIFIED EDITI�HS OF �'�E STAN�,ARD BIiILnTHG, PLUNiBII�C, RNp MECHAMiCA� CQDES, THE NATIQHA� ELECi�ICAL ANO Fl�E�. GAS COOES, THE STANDARD FOR TNE S'FORAGE AND HAHDLIHG OF LIQUIFI�� PETROi.EUM CASES, AHQ TN� SiA�i�ARD F�R llhSAF� BUI�DING ASATEM�NT CODE 1�ITH CERTAIN REVI5i0HS THERETO; P�DVIUIHG F�R 11NIFORM ADMI�IISTRATIQ�! AN� �FiFORCEMEHT PROC�i�UR�S FOR Sl1C�i CODE5 ANa STANDARDS; RENIl�46ERING �ER"iAIN SECTIO�dS WITKIN CHAP�'ER 138, GODE OF ORDINANC�S; PROVIDING AN �FFECTIV� pA7E. � . �E i7 QRDAIHED 8Y �HE CI7Y COM+IISSIDN OF TNE CITY OF CREARWA7ERr �LORTDA: � Section 1. Artic]e T af Chapter I3�, Cade of Ordznances� is hereby repealed. � Sect�en 2. 5ec�ions 138.14 thro�gh 138.3� within Artic�e II o�F Chapter I3$, Code of Ordinances, are renumbere� as Sect�ons 138.53 through 138.74, res¢ect�vely. ectian . A new �rticle i, �ons�s�ing of Sect-ions 138.0}. t�rough 138.52, is �created wit�ir� Chapter 138� Code of OrdinaRCes, to read: � � ,�i� � _' , r � �� 1 �' �nte:_ Substantial r�vTSian, 5ee current tgxt for _exi �t i �,req,y„i re�nts� Division 1. Divis�an �. Division 3. Divis�on 4. Divisioh 5. 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' , < 4c; �'-',�ei.���iw�k'`,�;�' • •�f ..t�Y'} . i�� . . . �. �'�..E9tiY.=.:n?�.jiia .,. " ' ��y:� .�-: �;. -� E � j , ' • ��i-.:�i�,�?�.�.s,,^ a��.;f,`�. ' . ..s,� t�.. . ��'• ' r,;�,': {:E ; ;r �, - ' , ' ' �. • `, . ..f:.�.��i �_�Yrz�.P r;. �Sn ,� �'t'� r �'i. + , {� r ' � �`c�,..r�;=: ,�,_ ���:#� �,���'���z rtty .1°11�Y+F�`. .. �) '"�Y'�;?�;;�'.��."::;j;��}:�".�:a ..=�'.;�'S' 'r �•�. ' y Y . ' "��L��? "�J��i:.•:�l=' :',�j,tl �r�M '•� ��. .'r'a�• '� '��� . ° Div�sion 1. 5tarrdards Codes Adopted �'i�;31�,�'=�,:a���,�. ' S ' i �1 ' ��,'{ � �� ,'y. 3•;�'�i.•` . � �:P' �' :w,`'F .. � ,I�-�r:".��i 3 i r ^ eti� � ,).�' ....se. �._ �. � y< r�.I`�� -. .,�.r,�� � ..... t ;,;f,:;���� :,., �.,_,• �;�": , ,"j�� � 5ec, X3�.U�z. Adflptfon nnd enfarcement of sta�dard cfldes. ��,��t ��'�. ; � * . '.- ;y; • '.:L, : ' ' "� , , `� �'�, � •�'� ?< �• , �, . "�� ���`" � �"�`�'�`'i':�`�,`.>.�".�i.', '.'�,':;. , .. �1� There shaii �e er�farced within the cit by the b�i2ding official �'°t�;��� �:"'.€, �x'Y� �;:.��' .}:r: i �``f,,:�'`�.�:' � ; , Yt r �`,�4,i i rp.� r ,.� ->,,�:�•. ���:<. �.:�a:=:, .�;�� . i the foZZowing stan�ard or nationa? codes, w e F},,`'���` ;':_�: , • ';c.;' ; ', ,, e- , , ; h i ch ar adopted �y ref erancc; �,�� ��;��. .�t , �, a '. . c, � .''. .i'. -.> � � , . • l � ' �:, ;<.,��,, . -�` .,,�w�;. . , ;x..,�, ; . . �,ii'�',,'4�d'.� '`^'`"r.' - '�`�'4�� ,;:�`r'�.� � �'', �' (a) Star�dar� Codes �988 e�ition: `,;�' � ��` �`;a;.; c ,� �`�; -' �; 1,., s,,, ,:,. :.,� � :.. . � .` . ' rr� �� ,�� ��. , P i� '~ t ,� "=�,:„ '�fie: ;'��'`.�;�`` r.r�;:.��a�.,.i' -- :' :�'' :.�..:�`:�° 1. Sta�dard �uilding Code� �nclud�ng but not li�ni�ed ta cl�apt�r �;`:='�.. �, �� ��� `�` �' V''�4 �?�•� �'� 39� t�re Caas�ai Construct�on Code• cha ter 40 the C�unt Wide � �:? ; •ti��'.` �„`'�,�: �+'' .k• � , ..� � � r y ;v'•,5? � , �,: ,s;F`�',-�..F,. ;�.:: �,;,�� `. Poa7 Ca'de; and Appandtixes A, B, C D� F G N I J�! P R �"-:"�' ��a �. .. },' '.r 4 i � � � r e � r r i � �.'� } �t� . ,��_,.,�.:,w:�..,,�.�.: . ,;, ::{:,^�.' , ar�d S� f"ry�L p,�i ''I j'' • ;`1,:', R'�..� „'7'.: "-� _r � 5'^� � �i: .8,. _ .. .'f: i=f•,::� i'�J ��it),�•' ° ' . ��•'�•' ' ' '` •` '' . 61 �] 41.;�i � � ;�� ..r�w�'1'.1:�'if�' ;4='�i�f� ;�}��:�:�4•�:�.:�:: f. Standard ,�s��k��� 5 � F„�,y�1 r� �4;���� ;:9. ;�.;,,jr:,-��;��� . �'iumbin Code wi�h A ndi es � � ��.,;�. •,�:,: ;r:. � °��F''� �;�;;;i�.: o.,�.,; . ,,� 9 � �Pe x A, �, C, E 109 orily. �� �� � . r, ��� ; �.;�,,.��. ,`�� .,:.•:;,. � � ,,� . - :i.� k F ti � -�:,.: ..� �. � y�. .a �S j� .�`;µ. a��,���'•�i:�� �:;,�' 1�L,w��'�.�����:r, r�.<'' 3,- Standard Mec�anicai �ade, w��f� Appendix A. ���,�.�',� � `'� i; t �� , �'S r' :, r '�:r.:�s L',.��{ •' eS � f . 'r� i': .��,�^ ' , a,1�,��'" �j' W a `i; i �, j.. .� {{,'� f / � L1.. (�. � ' �' :�.:!�. .. . �. �• S j'y ` , � �' j w �,S ' �'S..'C���:�� . ,;1 �.; .. 1' , �! r t�II� � 7�• .`�:,.. , ,,4",�;:��f �,f ,�-•�:r� b Hatio�ai E]ectrical od {��'r'�'���": . :� ;�i'�i;�;n;:�r:.-:. �, r� �4, � } C e, �.99Q editioR. �� " 'r� � �: •t .. . �.; �. • �� : , `�' �'�::i �'` �''' ,.' �.S tF. ,��; y - . .�a; .,,%�:` `su ,� �•}...;s4^x....` �3 �'. 1.Z�i;"" :' i�qs���T#;.f`�F *�;`����;t�:...`}e�im'i ��.'} Na�iaaal Fue /� . '�'+:,�4f.����'�€'�; �� F, �•� ;;!'', r(.•;a�• ;�L• ��•;5•. ,a,r',_ � 1iCIS �ode, 1984 edition. ���:.n,�_�..��� . �.�, -� .,: J` ��t�r:?µ�i� J1=•� i', !y;}�fi I••.,.`¢ �:^.:l •�`�'�t�� �..Y'•s 1 � yYSir�; �.;_� :,=ii��r� :..k�t 'il: h ���:�f ,''��:'�. , .ti'�L',,�,f� . t' :�:f'�� 1l. L r�: £. �; �._;..� ;��=:z� k:�y. �,��.. .. 2 0 ��) Star�dard for the Storage and liar�dling of Liquefied Aetroleum Gases, 198fi editia�. (e) 5tandard for llnsafe Building Abatement Code� i985 editiat�. ' �(2) The CA��S and stanc�ards descri�ed ir� tt�is �section� referred ta gener�Z.1y as the "co�es�" shail be the sdi�tions descrihed {�ere�n or }a�er edit�ons as may subsequeri�ly be adapt�ed by tEi� ��ne�las Co�nty Construct�an Licer�si.ng 8oard, exce�� t�re administrative sectiaRS or �rov�sions and such otiher provi$ions of each code as are set for�h f�erein. A co�y of each code and amenda�en�s s#�ai] be kep� Qn ff�e ir� the office af tne City Clerk. Sec. I38.Q2. Cades RemediaZ. Z,�e cades are hereby dec�ared to be 1"e�cf7��� and sha71 be construed ta - secure the �eneficial.in�erests aRd purposes tt�ereof which at�e public sa�ety, hehl�h, ar�d g�neral we7fare throuyh strtictural strenyth� stabi�ity; sani�tatian, adequate �igf�t an� ven�ilatforr� and saf�ty ta ii�e and property .�ram fire and ather hazards at�ri6uted to t#�e �uilt envir�nment inc�ud9ng alteration, repaxr, remvva]� �emoii�ion, use and OCC!l�c1T1Cy of ��ai�dings, str�sctures, or pr��n�ses, artd by ragulating the ins�aZ latio� and mair�t�nance o�F a1i e3ectricai; gas, �ec�anical and plu�i�g�systems, which may be re�erred as "service systems." • Sse. 238.Q3. Quali#y Contr�3. 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' .a „'�l..r' :.;,�„�- :;t . : ,�. . .,�..: C1a:q 1''v �. ��i�� ^r.�j:` '�� ���� - � �.:.;�;;,}ijf'« -'r�:..t�:�'r . .,s. :, r� : � �Y ,�1 i'11�.;..r;y�y!'�. ��T••�," ^Ft �.." ' .,. , ' .� .. . . , r. •,`k:j'`��E'1', �=?•§�e',:s� . i.'• :i1�: � �•.V.�;�.�t'c)a�'�k q�:, i,;, ' �'�;. . . . ,� , . . , , il } "YK��i�'`j;'�'��,%,:-�4y;. '� " ' i:'ry..'i'1� ^4:r'nf�e�`4.t1v�i�.::,:?'ki-��: , , �`'.:c. �. ;r:i: ��„ . . .. ' d :i*:r: - •'�,'•'; , ' t . ��t�; ty�,e°� `�� • , '•� �?_�;'� 4�;: _; "<; � � � � Sec. 138.04. Permitting and Inspectiar�. �c�:� � -;,��:,; �';',v � , .. r• '.. . , i� r�y';;�.�`� '.�:y ..s; . ; ,�x ' ,. 'r:.; t t- • � <<r��;f� ��R'.��;;�-��,;;j•=`J~ ���">;����: The inspection or permitting of any bui�ding, system or plan hy the ,.~rt., ���:�-.; �;`f��''� ;,'F:�,;�;;•°�:i• `�_ ,`! . city� under tt�e req�irements af the�e codesr shal� riot �e canst�^ued i� a�y =��°`�,',;�.�'�;F,;��y;��r;�:�''':��~ ':�' court as a warranty of the physical condition ot such bui�ding, system or pian +�r���S�°yf:,•�:yN �;;':.�.;�.:..';.-.�`:. ;��`� .}' `�;- �`Q,;��l'`:�'';"� or their. adequacy. The city on 6ehalf of itse�f and its officer�s� emFioyees� ,3 =L��.F�„�b�.se.�.<<t .. ��- ��'��sf��'-"'�t;"'��'``'����'�'"�"���1��'' and agen�s ai5claims any 1•iabiiity tor da�ages for any d�fect ar hazardous or �rm .yr?! � :ti:i�,F.C� �" •ri' ::��;;iy.i� ;r. . t��"���-`'�-°��ht''�'''����f�' �'''`"'`-'���" "�' illegal conditian or inadequacy in suc� building, system ar plan� nar �or any x '.�.`.i.y!;{lt�:�'' nr;';'-'� '';'iT':''•. .'7•'. �'•'. �:=�' .. �''°'`."'�`.�` }: "� `" ``'` ': fai�Ure or any component of such, which may accur su�sequen� to suc� :r � ��?a �i �a.: r�.•iy��� 1•f;. : r�'w�•n�K' �. •�•, t' �i� �'� i1 �i ,.}s� J� r�I•:��: 1�� •` `�� � . F. '•'�;:}=�:, ��,�•"���=:.7'�3.. .4.'���a��;� �nspect�on or permitting. � �„ j r4:, �i-�r�':.,�F i..�iFiri Z' �,'�?+^':�<-j� ",'�5'.� �'r' •� �:. � .�',t. F kh ^Y r.• "'i�{.{�t +'ti<� et��y �'"��3j'i'�;!.�``=� S@C. 138:Q5. SCD�}@. .'�? r ',t;;l:y�1; ��. . t, t1 .�'.'t�l. "°1"� � - in.^, �. 14''r ;�ti i:t.?;���-•�`'°;�. , �. :i• Yi•iv'ir1:?:.. ,.'�:. n. .�•.�<t�' _ .� I ��,:7� f ,,: � .i-�.�n�';.,4i '� '�',•t:�:�e:)�...r'.:,.: . �.it{��c!;=•?;.i u� �Y� ;.%r"-,,�., ,.. -,'.'���wk`r��;� .; M c r �,,s ` '::�ak�.1`'�:�i���i`,te77je N��'j;r'',s�j`'[FiYt•������ �i � %i '�o� ' w . L' . ., t:� � '�, �� , "-',7,�1�:.w�l�� { F�t����•"ti��lf� ��FPj.:r, 1 7rkr��.t�' (, Y.3... . .. � .� a�. � � 'i • a:_ 7 y. �.'I 3 j��• ?1•`•• L• �• .tvj���.1i^� f. F•". �i "�I -y..` � � �j����L�f,u�i^..'::• y�.yR.;�.:�,r: : ;P' ����ay.�},�' T'�'_ �.{ '� s�ni;'� %'?v � -\� �'•"� ~�:''''- [,y£ ;,�''�,:'.��i :4vy•�;'"k ��,'�J�.�;.�`�r�' =•a+..'S a '. i j r ♦ y: R .,S i`. i.i'. '', �� u� �;^,e'. �i:�5.^�:.: T��'+;J��;` ;w.''t��:.t£.�,1:�!'*'u:; R ,.rj�L�.' .•e :t'�.q iK �Li : � ' jg..i�`• ;� ;:,�.��,.-,�-�:,:��=1,.:,�f s. ..,,�:.. � .�� }'i ' �t%�"; � i'Y i�' i��j7,, �:. � ��5: j.a!4tik� � °��e'�;;'yi� i � �� i �e ��+ � .. „` x�: .t �#A+r��h��• ' S-i!5 ' �• x; =;4 �i F� �;: ;i � �•� �� .�•�• §.y����• ��r.., ,�„'><i_{,� ��.��<.: �:;, ?:;; a,:��. ;�i:i, fs�'�;j �ct..,,,; , 1,�.�� �; :° .: . :: : : 4ryf;y `_ • 4;Y: �,, ,l .. y:iti . 7.yf, ,;� �•: '.Tj;:'ra a.i.. ±_" ,.;. �Erx.,. Y .;, � � � : :y:;:; . 'a;'.,��=� �4r�?.:, �-e�• r1, r�="•-:.: ;�'_:;:<„ ��, ,a..� , ;�:�-t� ���;�: ;;� .•. , "5�t�^+Y ; �''" k3; 'iS �4?�, t yy�=� �"w�'!!-.j. a�;=`�-' 1�•�+ i°�3 �'�: �. A`ik, �i�'`•y �..� �.. .r: . 7 F� ..�.:. f ,? '• w� s3: ^: Y � w ��5 �; ..� � , �'., i SF��s;.} .;�J, r� ���T,:4'~ :, � l� L?, :i1d�liiif�y iz�lii� �r* oi�%'::;... n�i:�.' ;,,: t�>.;�r'� ti�_+�,�:.�'��i,`.'�7"�:;,,-�w;._.,,".. L-�`• � �i .y�f,-'�'�' ��.;,a.��;::i:l�'. r: �- . fi � t �' 'y: : ' s �, Sa �.`;, ;v:`=� ;`j:���s��i���5,; �-,� �;,:�{ti..:;� � :,. � vf��4�A� � iv�� ��] ;v, t•�;!'.��t��{'�4;" �Y"' '�` w rrJ:��'t�,�Jr.,.�,.r.� ,`�: .i�:*s � �'�Sf,.'' �� -,�:'...y,:,:':r: ,,r�� :3 ��-���5] w� ;F��-c;•s.•� �x�-. �y� 4�j�� �}y�y��, � t �k'�`�'t.����'��'.'�. .i`-: �:,'�l ;,r-.: � ti. �"� �;'� � �� ;�e'F:��- •' .a �rr�� �'����2� �s, Y� �'�;�,.._ � , � ,� ���� ��� ��� �iF�4.�,-"���•��'?w�f �� �r.tt;�' 4" � `:�'� �+�'?.�'�����'��,. �., ;�. �, f�'�, �i � 1',��•r�,� �tr���Z *, . :� i�4.�,.'S.ir.wl�.'�y�Si'3K�z#.f�: ��::^F�:�:iu'�+:" ,t:l��.i (1) Building. The pravisions af the 5tandard 8uilding Code shall apply to the constr�ctibn� alternation, repair, eq�i��nent� use and accupancy, lncation, r��intenance, remavai and demolitfon� a�F every build�ng or s�r�cture ar any appurtenar�ces connected or attached to such bu�idings or s�ructures. (2) Electrica3. The provisioris of thQ Natianal �lectrical Code shall apply to the installation of eiectrical systems, including alterations, repazrs, rep�ace�nent, equiparent, appliances, fixtures� fittings and appurtenances thereto. (3) Gas. The provis�ons of �he Natior�al Fuel Gas Code or the Standar� far Storage & Etand��ng af Liquefi�d Petroleum Gas sha�i apply to the installatian af consumer's gas piping, gas appliances and relaied accessaries -as covered in these Cades. i'h�se requirements apply to gas piping systems extending .from �he point ot de]ivery to the ir�let connect�ons of app]�ances, and th� instalTation and Qperatian of reside�tial and cor�rercial gas applianc�s and related accessories. � (4l Mechanical. Th� provisions of tl�e Standard Mecl�an�cal Ca�e sh�ll .apply to �he installati�n of inechanical systems� includi�g alterat�oas, `repairs, replacement, eq�sipm�nt, applzances, fixtures, fit�tings andlor app�rtenances� incl�ding venti7ating, hea�ir�g, cooling, air condit�an�ng and refrig�ratiar� systems, iRCinerators, and other energy-related systems. � (5} Piumbing. The prov�sians of the Standard Plumb�ng Code shali appiy '�o every plumbing installatian, including al�eratians, repairs� replacement� equipment, appTiances, fixtures, fitti�gs and appurtenances, and when connected to a water or sewerage system. Sec. 138.Ofi. Federa7 And State Authori�y. The prov�sioRS of these co�es shall not 6e f�eld to deprive any �ederal -�' ar State agency, or any applicable governing a�thority having �urisdic�ion, af any power or autharity which it had on the effective da�e af �he adoption flf these codes or of any remedy then ex�stir�g for tt�e enforcement o� its arders, , nor shail it deprive any individuai ar corporation o� its legaT rights as � provi�ed 6y �aw. . ......:.. .--- � , .. • � 'r 0 ���+��� �_-; � ,t � , ,��;� , � > ��>,.,, ; r. 4.:��.�� . i��.S �';, �';'y � ��w..�.�'.'tY � :4, � .m:� , :, r €", .�,,,�., ���;t �. ''',� :i. ' s.' •�• ;r,. . . ��.I�l.}�`,+ ' : u.+ A�. � '„�" �.y`• i • �.:.. t r :�J�• `3 �,.' ��'.'}�, �� . y� ,� .� , ., 4 � e ,� {: � ,�: � �,,.;, ,:. �:��:». � �.'��tr".�.. ...r.. - ' < .-,u,•.r,�.'�'-,i5� �'.``�'=;' ti :;':`, �; . �: , °,.�;....M9 , ro, ,� , . . -.: '�. �t� ,�,,;�, ..�.e.�. •.. . . . ,'j-.,. ,. ,, " ` * , ' . ; . 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' ;.�-�. ' ,f fi`` y�� .:��'{'��r �, � . i_ • ��.,�,'�"�r:4�i �•F�� ' ,T •��c' ? �:i'^i���'.��^���i�'-��'.�;:irC•Af«1r. . �r �i. , ' � , :Y.\'i�`4� f��� 17f, �r-.F%�'���,� .�• . '�.' .. ' S � � )�w.'�� -5y���'1��'-,i:�.vA�� t. „ '�,}.r,; . .. .` . ; �.5�f.! (����"�..�•���}����y�� w _. �.. •.1 1,� ` ..... ..... - _ ' ." . � i �ria-�,: }` �t;li���q. '�� � i'�}�`R :.F . ;: . ..�'�`'i���..'.:, � . "i .�jy.:�'y'��nl� `���`�.��}'� �.�� - , .. • .. '^'� :.`.:�s:'., _: ,.. . ; Sec. I38.D7. Ap�endices. :.��,�:, u•��.� ,��y �. 'y�� ;'�;�. .i,'�° � � ii�'�3:�4� .�e��� e� ` r: j= y;�' '''; .e �� . �5.' r, {s:. �' S�� �. � �i '•f'ir : :ti"i % ��X' � rs'�''� �+'t �,,�. 1� �;�^-' '=�.�r. :�' '�' '.: � The ap�nd��ces included in ths cades and spec�ficaily referenced in ,,�:.:r�r{�,��:�5ii :�.� -'f',`�} ' '��..'.!`.. `+ 5ectian 138.02 sha�i ba er�farced withir� the city. �:`::rt`'`-;.����•�, �;:. '�� �_ � 1�'r• ,�<�" :� • •,i �_�� � . ,' '� Y.:� ; � . � � � � �#��. )�t�F�'t �"�" � �� 5� `�` . � ` "� . � : �, : " : �'� " �'� ,-, . • � `�;,4 a� �+ r � � ;,t� ':�:�" � ti';.. • � `?�' =' Sec . 138. 08. Ref ere�ced Standar�s . . �� ��:?E� .� � � �'..F, ;,% �c ;,.�',�;:,': .; ,3.,;' „ :• {��,h�,= + ' `'.�`,£' �`�.,,�_ . � ' `�.'� .� . ��,�' _ „��, � •:v,:�.,�."`.:;'r�. ,: ;:r -.,,:�.:,:;'" ' . r.§ �:4�_ �,�..�:-.:.�:�;:�:.�,. .„r.., ;'": Standards refere�ced in the cades s�a�i b� cons�dered an integra� part .���.x,` x; �`�:�.�x:�� ��t,�;�� .�� ;,• �"' �� of the codes wlthat�t separafie adaption. If specific pvrtions of a standard �y�����°� *��t�'�'' ;:1 : '���t`��. �'' � ;.� ':": ' , t^ .:�t� :f.:�j��';:�;-�:'���•--:.� �_��°::�`,'.i3...• � are denat�d� by cQde tQxt, anly those port9ans ofi the sta�dard shall be t�,���'... EF� 3 ', �,�.��.�r::;:;;`'�.;.;t`�''•',,�.. �..�;,� : enforced. �f�ere code provisiorrs confl�ct with a standardi the code pravisions ;`�f�?;� = r v-- �t S'..`H,`fs��,'�-."- �, S'.."' � r •s� ; ,•'•�! �'�}il. �r. �;._�..,�. .'t.��::�.��=� shall be enforced. Permissive ar�d advisar rovzs�ons i� a s�andard sha�Z nnt ��� I����,�.-� Jy;��;.. , , ..�.` :,�j .; ,r; .:i . � p ;� ���-,�''!�� r T�' !�� �.:;`'y.' :.,t ..,• �"ry`;�::,; �,�:::�' '� � be construad as mandatory. �, ;�� , f•1:',`j•bF•�. r i'. �ji .�•."l.e'.�Lw' .:. � .>I� } � ��i i���,},�r e'�Hi ��� ���i�P"i; E��'�"'�.:•� er��� • .�, •.. :a�. Y,;1,i.� �' 3.''''•'�, Y^:'t���;i � S.tS"7 ,.���.G�z.,,,�:,r x.�; ,. ,r.,:;. :_. ..� Sec. ].38.09. Appiication af Cades tc Hew a�nd Existing 8uildings �nd �'�� ,> ;�;t'°� `,�r, •.:,;;:°:. s,. ��,:�-,��,°.� .,';.,� Structvres. :t1`'�� �, ,�*:'::��� r�.., i'.I^Y. i^ �.: � .�`�1 `,'� •�; �s� , 4 . r ..r ,t�f,-'Y . . '..:`.',:^� ���f t r !�� fc•'.�' •.•. .' ' }� w ;��:; �5��� r-+..1: y `j��:^:���J'j.' .� '.1 .��`Rt" 14�iG �:,:7`�;k:ir`"R�.�:q-;; �''�i;�� , �r.'��s�-'.v'• C���' � ''•�"��: ~ ;:�;.�.•_�.�.-,� �r., :... . .:. ...: .�. (1) �Xi5�11�� SU'�2[f�il(�5 and Str�ctures. Aiterat�ons, re�airs or 4 r'!�� r {a:;;.�..;.;��:.�;;:..'.,;>,:�:�;_�;,1�,��::._...�°! rehabili�atior� wnrk may be made ta any existing structure, bu�ldir�g, ',r,°:���_ ti�.:,'*,rA�V��:;,�=.{^1�;�:,:�;�,;�,�:;��_��'�;:;-:� ele�trica�� gas, meGi�anical or s stem wi�hout requiring �he bu�ldirrg, '�'��Jt�: � ; Y � "': S� ° �..: _�i^ ' }�._� f'� :';;tE.��:�:r-�,: cz� �"';�"'�.,:;' structure, plumbing, el�ctrica�,ymechan�cal or gas system to compiy w��t� all ��w.�;�e;,� �� :�����-''� '`��'���'�:�,:.'�"��;:��:�°``:��F'' t�e requirem�nts af the codes �rovided that t�e a�teration, repair ar ¢�`�- :�_.,. '��}� �: , '� . �i 44 r l �'i..- � r 1 �^ 'A ..��. '!: � � :�?��,fl����,,��'�`-�����;. =,i;;�;�;``�_-`'� rehabilitation work conforms to the require�teritS af the co�es fur tnew ��i��.'�.��,`��' _ �' i� :'''' _�:t:;j� `';;'�'�:s;��.�';:'^.,-�1`;:�`;:; '�c1,s.�rlr:._;j+,, y . �1>..F. .yf, �i: :,- : ��;-��si .���:i��' i�.;.�. �� "';'.,,:�����_ �. �.��. : :-� _ �`� �'� :'��•": �':�f:>,}r;;ie�r�� u.�..M1�`,�v� :3;.''�x:2r.1,�> ,V 3'��i��. i� � �Y'7��� :j�... S'^' .r ,�:.•i3�,`-°' . .�;�����,� ,-';. :��}��'':t=::; ys° �i , ; , r :��..,�-�•�`;,"�,�, ;;,r ; ,+;�e E..i::,�. �?�;1.�.� !. .:t'FC� ' .� `: �CiiJi. '�.7-.�i'�i'y'��tF ^t�i . �; - - . ., '�'(` ,s;�••`t'ti� '�i:; i�`��'� F�` ��•�x� w�" a ����,<: � ';.;;:; �;.�,� �;�;-, 5�.�C. .t��.`� ,, ' '' :';� ),c = " � ':.�.4,' L.,:�7'.:�2"'p' :' x`ii�,' ���..�'�.�ar.Z%�tirwr' �kr'.�.'.y� �F`ti.�.�V.��... . ,°•,�:;;- �.�� ,� ::�; �i�„",�;,� �.>.� z:�; : ia?.X':s.;�llv�p3�':i.�:�`;��5s` �'4���,'a:�;'(�iC.'. ,� �;`r�..�§Y�*;?��`'�..ya:;�;'1'�{� :o "�3;1i; .��Ri�iyl�(e:�:�`Jy=,�.}:;!," ��'�3'{,,?;.i±.��f;�`+'r .�: i,ca��.4%,J�'va�_�i�.,f:-.`-:�'i�`�:r...._' �,4 construc�ian. The bc��lding aificial shal� determine the ext�nt to wh�ch tne ex�isting system shal� be made to �onform to the require�nts afi the codes for new canstruct�ar�. � ` (2} Gha�ge o� Occ�pan�y. If the acctcpar�cy c�asszfi�at�on of any exist�nq buildiag or struc�ure is charig�d, t{�e bvild�ng, ��ectrical, g�s, mechaaical and plumhing systerns shai� be �ade ta cor�farm to �he inten� of the codes as rL�uired �y tt�� bUiiding official ta mai�ta�r� a sate and sanitary CGAt� 1 �'I Ot] . • i '(3)� Sp�cial ##i5toric Huz�dings. The pr�visions of tne cades reiating tQ the canstructla� alteratinr�, repair, e�largement, reStora�inn, relocation or mavis�� of �ui7dings or structur�s shall rrot be manda�ory for existing bui3dir�g's or structe�res identified and classir�ied by th� s�a�e ar local . jur�sd�ction as historic buildings when s�ac� �uild��gs or structures a�� �judged by the b�ilding offic�ial ta be safe a�d in ti�e pu�lic inter�st of hea�th, saiety and we�fare.regarding any pRo�osed �onstruct7dn� alteratdon, .repair, enlarg�ment, restoratian, re�aca�ior� or moving of bui�dings �ri�ttin �ire districts. �4) Maintenance. Atl buildings, structures, electrica�, gas, mechanical and �lumbin� systems, �ath existing �nd new, and a?7 parts �hereof, shall �e mainta�ned in a safe a�d sanitary condition. Ali dev�ces or '�� safeguards w�ich are required by t�re codes wh�n constructed, aItered, nr re�airedr shall be maintained in good warking order. Th� owner, or his desi�nated agent, sha12 be respansi�l� for the mai�ter�ance of b�i�ding�, struc�ures, @�@Ct�1C3�, gas, mect�an�cal and p�umbing systems. • . 5sc. z38.10. �Reserved] . :��' yc. � 4 � � � qf e 7.; �', ��'. �`;� ;:; ��� .i ���r ;� �� .'.. 4� ,�' � ;�. � �; w o}� �' t �� -� r `� �3 .,� _: � � S ♦ K :::, � �l ! � � � ., _� � '} � �� i, � ,, k,. : i ����� �'�,� �.,:, � .� �k;43� �� , .�;. �,;^��145�i: �:�F�i j;�t';�r':`'k:t�"f.�'.'t i�n i,`.i�`���•��•'�.;s.`•i+%;;"-t��i',����I S��wq�i5:°�tif?:•a��-z«i���' .r.� t�s�P� �5��'�;,�F,. •1 •r�#:.�t�• �'n',�..���ir �� �{: 1 � . t:�'..•r i Q [..,� �.� �., � �� '(.?i .� '''' :.i - �i'��':�ti:5 r':7�..i� l� x•; e��r--- .•�c,� ��.'� i�r,yr �srh{�•'`��jr �:31�:�,a 5�,.v; .��{:: y.i:�'.l �c��+; � w•��t % :1 �w 3��x;y . L°'yk�'�� . �3 yXJ � ��?' ��� a � `i. N^ ..hZ • . •.�'n4y'" , • ^'...\� "+'I.,.v�!�.�t+4e'.d�+�iR't'� ,1Y����'i. � p . .�. tt.' . . . .. . r .i� � .'�Nr�.�!�, .. � V�' . . .r. 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Y�,� F��°= i �t,"i�t�; '<<�: •i.. �4. •.;, . . . . ti 'e� . . . . � . � .j...'. :', 'I ,£.�.�Sr• r�. �y', �a.^},, ii.r" ;�' �' _ , , . . . . . . . . , . . f;,;, ='r ��'�, r,• �; � ,,>i c¢� . ,i „ . ,ilt' "6..�� .� �.j�' �. .i' . , . . • , '.i����;���y� �"xt �px.�.��j}��, V �i_g`yi�i;'.1i "�' 1't' . . • , . j� . . .i . . . �;� . � � ' . . "''' . l��y., �. � l`1[� ]'�,4 !C i, �j...?S, �A,,S '.. ,r,r`i ' . +Y. ,'.. �'i•fkr�`�f !. '1. 'y.�. �: 3 �{ �" . ;� 1 1� �. . � . . . P. , � � S � � s"5 '���,�! ``r . , . . • - . � ' �� ' . �` ".,��?��{`.� iS}5�,9}�j ,.. ',ir.` ' '+' . , � ' - ��,�. ;� fr. � T;' ',�';i. : � �'����_5��� ���tN�.�',t�AjS4,,�i��[SE�„Sti Y �,'� v . . . �• ' ' . . 'S ' � . ' . , - �� h � ,� � F ' . � . �1 IYt*t'�� I � fjy�!' LlJ � Ik ' . . � ' � � , , � . � i . � ; 1 11 �.I.�r�' i1r`y yi . ';. . , . . . . , ' �'t ,f .:� �`• � 6 � ; � ! . . . . �+ �''=t��:�tir .3F 'L'' 't�fC `� r � . • • . � � � � ' . . � �(',«��,"��y�' `l i�.f;�.�: ,, �. . ' � . . • • � ' ' i � ���I.�.i�;r. T�s;t ;�.f k(;f��',���.�:,€,'.',,' 1 .'�,' ,. , . . .. ` : '•'.tiv?l:l�� '.rr,i,.{'�',t''.+'.. .. - � . , � . � � � . , . �:�.. �SFi`d�Y�i'+.�'Y'a; �i.`. • , . . ' . .. . �,�'�i'� ;S .�� �.�.]- . � , �' 1"7','�``�•,'�'r • ,{,�j�t '�' �' ,• � � ' . . . � , � ' . . ' . " " ' � � • . . . T,r ;4��'.. '�j -�}j,i.' . , , . . r ^- ,.',., '.4'S � ���� '�� ' > � ' . . . �i •� '.,�h''� si.i���v�. '�;�x�.-j ����i, , � ,� ' � �r . ' `, , s �.i:.' %�;� .�r;�. '.S :�..�: _ � . , '� . � . , . �� I{'�'� .L�' �`f� '�f, ��. 1{�,}�1'�I'E4.. ' 1 . . . � , , . �. k . :�i� ,.y�,'�i' . �` . '•��iShL'Ywaw��a.ie.::�..'Kt.s�wtaw,....v.ww.� �..w -.,w�...--. ..._.. ...... ....,,............,._ a..,....�_..�.,..... . _ .,. ..,.. . . .. , . ..,s .. t.�...=a.e-.w..s�...w....�....e. ' • � �• i . ,�ti�,'+ ... '+ T�� ' V�•bY�'•��I`�•` 1 ;!.f�I.f�. � ! ' �� � ' � �� �',� ' ' �"r<;. Y�' E�',��1. �,�'i .� ..Z'1?;' } . .f�~ .+'i�, ' .� 7�;',}:FV::K,,:z..',' ,``�.,''s�t.� ... a 12r'a'F,.:�.3:a`;.'1'� !i,t..• � �f�,:Z �.d:t:a �� .i'. .i , � � ,°l,A/:•.��� °��`r�,� :.��,�7 �'� i'.` i j ' t�3.r%r ' 3 ���:����''y;" =k�' ;�:i:',.�,.�+.�� �iV157Qt1 2. Admi�is�rat�an #�� .:�f; ._ .°s i ;.• ':;.;.a'�:.•.: `��'-:���,R'�:`=:�� 51�'''�:::��1;� �� `� S�c �.38.11. 8uil�i�g IRSpectio s D vis on. '�� �r, a -�. ; �;�...,',�.`'::;;� � : . � i i SyriL`Y'}$if;� ��.°���+-� �` ^ + . I ���, �.• t',.`., ':i�V`:�',��::^4...'. �'�'�_, �1 �,� `' Th�re is hereby estab]ished a division to be ca>>ed the building �;�f�„<r;' �:E.: �. . r ;:.; :' •. ;y.1 ���,� ,��,�', ��" i�spect�i�ns div7sion and the person in charge shall be knawn as the bui]din� �r.;,iF� , �:: ,. � ����, fl:S+aj"�'�•�?^j� �.'r.y:;' � � :V}j,.� ����C.Y�� • '+ift' S �C= :'1'„1t:�'91'���''�;��v1 S�� , . '`�'}�:����;ss;ut=�;�;:���: 5��,� ''� � (]) S�iidin Officia�. Zhe b�i di of ic�a� s e o • �: ,r•,_:�= �•� g i �g f hai7 b appointed r : ;s `,.,�::,��!i�r', p.':�"':�� �f:.; .. ; � � • -�-. �'�a������ ����r:- `��:: :�'�. � :.� :�' �`:� h i red by the c � �y manag�r. y .�..;;ti ��"'�`' `.�::M�'. •��'-�x:� w�.. ,._}�, � *: , y� �:4.� f� c'k:f,*f��^�r�.'`;..y y; �:,�: ,> q '•t�''^�'���w'�'=��-`��_�.,��=N��'°`��r4��.� (2) Inspectors Th� building a�ficia] w��h the ap rova1 of the cit :rl; �u:' �t�'�':�,��{,.. 1"'t ;s�';� i�`i rh�., Y ; R,i �+�.�u ,�S'i ''�,I '��� -7(: Y�f'���'i `=.�' � �,t��r=�, �; ",; � :�; �.: r=Ei 1. f't`a'`J.,Y ,�Y�J � i ki �irl '. ��'J' �t i�. i r:5 . manager, may appaint suc h num ber of �f�icers,rins�ectors, assistants and ather emp]nyees as shai] be authorized from time to t�me. {�} Deputy Suilding Dfficiai. The bui�dirtg official m�y cles�gnate as his deputy an employee in the building inspections �"1Yi5'!Dn W}�0 sha��, during the absertce or disability o� the bui7ding official, exer�ise ail the powers of �he building o�ficial, ''�`�"-�' (4� Restrictions On E�apZayses. !1n officer ar e��laye� of t}�e city ����'r`���= whose duties i�clu�e �he administrat�on and enforcetnent af the cade,s, ��?` :'.s. ;:a.;�.; including 6ut net limited to members of the building/�laod baard of adjustment ,;,_:�:�;�.� and appeai s� sha 11 be sub ject to ��e code of ethi cs and confl � ct of i nterest �;..�.�;. limitations of �lorida law and the ordinances af the city applica�le �o pu�li� '�;��: !t� aff i cers and emp 1 ayees genera 17 y. ,�,. . _ . � s� ' {5) Records. The building afficial sha]� keep, or cause �o be �Cept, a record af the b�si�ess of the diV1510n, vrhich shall he open �o pubiic inspection in the manner provided far publiC re�ords ge�erally. (6a, Liability, An officer ar employee of the ci�y whase duties inc]ude �he admin�stration and enfarcem�nt ��F the cndes, including h�� nat limited ta ��etnbers of �he buiidinglfiood board of adjustment a�d appeals, sha�� be s�bject �o personal liabili�y for any damage t�at may accrue ta persans ar property as a result o� any act required or permi��ed ir� the d�scharge of his or her�duties anly to �he exter�� permitt�d by F7orida and federal �aw. Ar�y suit brnught agair�st a�y s�sch officer ar employee because af such act sha�� be 'defended by the City Attorney to tt�e extent permi�ted by F'lorida law an� article II cf chapter 24. (7) Reparts. �he buildis�g afficial sha11 submit annua�ly a re�ort covering the work af the huilding inspections divisior� during the preced�ng year. He may incorQ�ra�e ic� said re�a�t a su�ary o# tl�e decis�ons of the 6�ilding/flood board flf adjustment and appeals during sai� year. 5��. 138.12. B�ilding Official--powars ar�d Au�i�s. The b�ilding officia� is ltereby authar7zed and directed to enfarce the provisions of th� codes. '�i�e bu�iding official is f�rther aut�tnrized to render in�erpretations of the codes wt�ich are consisten� with their spir�t and pc�rpose. 0 5 1 r -- s,i i , .��• �V'r•�����`�k�•`1`���[, . .��t� . t � i� • r�e�'. � ,' • f-:��1,����'¢: � i ...� . ����tt�'� •`�. �. � • , } r3F`{��I.'F�tt•'<, . �,'k� ir �i,Ji4r IJ t' c' . � , ' a.i r•: 'h�..' S1a.. . . '�'�}.�;e ?�'..�.�i�� .� ' �:t': u ��i' '�'��$ -.. .';, .��. ,,• r`,4•' . ' � . � •F iyl;i, � . ' �ti �? •�� �: . � •f "'.; ��•R' � : d� ' . 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'_�'ti .t'Y°a� + � f , .i'f ;� ).�.�,.,;s 5r.::5'�y;,��`', :! , . . :a�;:�l•L�Ii u''. � ,`31�`•.�t �'a�, �S.M1iA i'rA�+' �:; j' .I.•°'�� . �•uts•�*�k'�� ,' � ;i�r;,,�. :,i;�t�"._::;;:.F�, �' ,:'�i;�, (1) Whe`n�ver �ecessary �o make an inspec�ian to enforce any of the N';�44��;�,��� � �� � '�4�:;�`r>r�;i.,�,=-�r-,':`,�:�..' '�'�• provisions of the �odes, or whenever the b�iZding a�ficia] has reasanable x:��:����`�`-�� ,` .'; �;��: �.ti,;;��:M�:{;;a>�;'''ir:s, ";'. - cause to bel i.eve that there exists in any b�i lding or upor� any premises any �;���;9��;�`'�' �`�t `�� � � � �t, �,t:�.�:. '�".;;`,�����:�,`;'-.�';;w:.f:. ; ���' =^ ��' condi�ian ar code vio3atian which makes �uch buiiding, structure� premises, ' ,� ,�'' � :,, � �':r" : ��::=5;;..t.3:..�•.. .;; ,; ;�%f�;,�`•.�' �� ..,V; r�= ;;.�� -��, ,,:��:4,�;� �- ',, electrical gas mechanical or plumbing systems ur�safe dangeraus or �� �j�y�r,�� `� ` '.°i`�y'�:i'..-;t;`-i, r%r�^�'v�. ,�� 1 ! 1 f��'IYS�'Ih'G i'� '° � ;�yf�:.�,-�4�:�'��•'��•-�°�r• hazardous, the building ofticial may enter suth building, structure or �:��§,=R-'-��;�-�l � ���' i �re t:�.j: .'� , ' e }� � i.Y'.�;� 1; �J:. "� J' ' y ylL f �x' ���'��.,,,.> `-�� �- '':�' :�� pre�ises at ali reasona6�� times to inspect the same or to perform any duty • „��°�' �'��� ° j�� � . p3• � ^ i `` �'���;.�,x;���°�`'�:,";��,����� �;��°` impased upon the b�i�d�ng official, pravided that if such buf�d7ng or prem�ses ���r��'�� �� � °'; �.',r;:�=:;`,:-,:.;,-.�-; .„� is accu ied he s al � ��_`��' -�A � �_._,.. ,�-;Y;`�,..,.,.,,. �., ,�.,., .- p , h 1 first present proper credenttials and reque�t en�ry. If �� �: �;: � �i:! < <. �,.:.; �,t�'';°=..��, ., • � ; . � F , t�t�. ��� f4 �•���,�_ �s•:'+r,.�, such building, structure, or premises is unoccup�ed, he shal� first make a • � ���'r,..��Y�- '����;� �.; �;.f�„�..,�r ; , •�V"�:,���� ��.:-:��r:���-��`:� 3;��•�����•'�`:�� ��>�t reaSOnable effort to locate the awner or qther p�rsons having charge or �� "x '�"� �� •x �' �u�.',�'.-�.;:.=;.`�t' �.a . �Ay...,.' . :s"! �` �,. � r°��' n��'s:�'�r��4''` cantral at such and request entry. If entry is refused, the bui�dir�g atficial h' ' ��s,f •'r''��r7'ti ��.ti::f;;:� �i:u.•,",�K:4:,`.iy:� -i',"��,d' .:r q :t ` "=:tr����i��.��,�,�;i:��.:.�-�->����;�'��:•'::..:':�.'. shall have reco�rse tQ every remedy provided by law �a secure eritry. `` �` ;•�� i •�^'::`S�r- �:�`S�.s�' �;'�:` '``f;�'f.:: 'r':Ja:.�... � . ,. ��Y . �SF.: i,�` '.�! ,. •h n3 ;"' -j ; p: 1,'�'.F 4� "� +1 . _ �:i ` ',�i `?`�i" �-,. YR�'F^� ' �� .'Y..�.A=,�t.'a �,`�:a_,.=;:.;1:;,��;"�-;;�.,;;;�; .>�°�_�:-^::: (�) WMen the building afficial shall have first obtained a proper , -� a ,;�,�,. _ rs' � ., , ���`��:'1"��"�`�';v�-�` ��•`' '���:'-�-�� � inspectian warrant or ather re�nedy provided by Iaw �o secure entry no owner ,,� ""�tw4t:-:"' trr� `i�-.; rf,,. � f a' `�'`"'�,;:�_; "�' ��'`` '=�•��P�t:r"f':���•,� or accupant ar any other persans having charge, care or control of a�y ��- A; .r;''i ���'::`.��i:'a1:.�,,, t�. ... , , i` M��� ' i '.j:� i;:' l.;tii's;` �.t`•. .- �F ` . �i;�;kT�^�:�y;tir�.-,��_}��'.ay;�e��.�,' ,�-�s;:% building, s�ruc�ure� or pre�ises shaii fail or neglect, after proper r.equest „��.� �• : -�. •��.;�it... �.^�'.' .,::.�'i�.. _r... ., ��:,,� t,... � ., �; c,K r,� � � 9• , ;�. �s ., :,3.. �� z?�,a ;i _ � is made as herein provided, ta promptiy permit entry �here�n by t e building a�ficial far the purpose of inspectior� and examination p�rs�ant hereta. . Sec. 138.14. --Stop Work Orders. l}pan n�tice �rom th� building official, work on any b�i�din�� structure� :.electrical, gas, mechanical ar plu�rsbing system that is being done contrary to the provisians o� the codQS or in a dangerous or unsafe manner, or wi�hou� praper permits shall immediately cease. Such notice shali be in writing and st�all be given ta the owner a� the property, or to his agent, or the person da�ng tt�e wark, and �hall sta�e �he condifiians vnder wnich work may be resumed. Where aR er�ergency exists, the building a�ficial shail not be required 'ta give a written notice priar to stopping ti�e work. ' Sec. 138.1�. --�evacatio� af Perm��s. {,�} M�srepresentation of Applicatian or Change in Circu�stances. Tne - building off�cial may revake a permit or approval, issued under the provis�ons �f the codes, i� case �here has been any false statement, change in circumstances� or misrepresen�atian as to the materiai fact in the appTication .ar piarts or� which th� per�it or approval was based. {2} Violatian af Cade �ravisians. The h�iilding afficial may revoke a � permi� �poa d�termina�ion �hat the canstruction, ere�tion, alteration, repa�r, rr�oving, demaiifiiQn, irrstallat�on ar replaCe�nt af the buii�ir�g� str�ct�re, . electrical, gas, mechatni�al ar plumbing systems for which �t�e permit was � issue� is �n violation af� or not irt conf4rmity with, the pravisions of the codes. 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Requir�mants Hot Cavared By Cade. �";t',�.'�k�� y; �� ,'x ,, �.: . ��'�- : �. . . €. � �,������{"� !��; � ,�a'.�;�:� �l ' �l K,�S:• `6i�� , :.' 3':�'^ �y�.itnk^Y.�� x ,I ;�.,;�� ; �`7�, �,�.i `�7?�;.3'�•. d r � :i,;�°��F �rtfit�*i"�i}P ��� � S-�' M� ���,j��' •r��!"u'�°,'�r't �;���`��'r•�j� Any requirements necessary to the strength, Sta�111ty ar proper �}���,,;x: rr; +.��� �i�:t�'. :,i�:.;� , r .. � . / • � �;;:�: �:K':;�.�{�; `�'� -i��`��r� �-,' opera�ion af an existing ar proposed building , structure, electrical, gas, �c�,�,�:���'����,"� :.� r�`.4�, :y� '�:,;�'��,�' ��, �': t fo t u ic safet healtt� and generai �.'.�}.���,� ��� {� ��', ; :�.ry`.::�: �r mechanical or plumbing sys em, or r he p bl � �•s.�„� «��#-� �°��(,; �, `; •I� � .'h'' JS���'i.��.. ':g�a�: •eL .� �. � � i • Y :-1.;,.�`� t: �3� 1 ':�:,;.;�;r: ';:r;'� ::'` �°:�.�':;, :. welfare, nat specifical ]y covered by this chdpt�r ar t � codes ado�ted �t� �`�:� � ,-� ''�' ';'• `,.r'�;;:�:='��-;'. `�;'..;' ` hereun�er, sha�l be determ�ned b ihe buiidln aificial. ��+�`�`����,�;'.� {,f;�� :''�'' :'�:T.','.�;�':[`' �;.r: ;.,,�, ; , ;;'., y Q : s���r'��°� 6 ,�•�r sr,:'.• ��ii"a',Y"' .t i'� '.S�-` :r,.ti. '�F' •.s'.:r•�.'� {a"w`�hL; iM ^'�" .,::=�y;;::�. � :� ; ;' _ ,�.'�,` ; ' �.� ,� � 5e�. �38.�3. Alternats k��t�r1A1� and Methoas. s`�� �,r. . ` : :1;i�,i`;f',c'�":J'''.•'..3:..��,�... °,< 't;.` k�o��'��.' ; ��E i • • . ;c:'ry,, t::y�, :w.: :; ?�t��f� ., �` ��"'��' ���- ��'�A� �"•-<��� r;� The provisions of the c�des are r�ot int��ded to prevent the use of any '�������t ���� ��;�.�: � ::: � , :.,; -���- >L,� ,' =,.,... �:, "`�;: �f:, `�';�:;��"Y;:' ". te al ethod of constr�ction nat sp�c�fic 11� Pr Y a escribed b them '� � =;�"�� �:�•� �`�'rr•.,Y .- ' ..� s. �r�•.� ma r i or m � � � x�„�,�i, . ,. ..�F., z., :��c;�Y F'�-''��.;i�z�����4���" 4°j������;�t,;r, provide� any s�ch alternate has been review�d by t e building of�icial. The ? t�' ,� ``��M f'K ete rovided the buildi�g �::,��<•k'=��f,,i.?_.�;-�;���,�� �.�.�. ��.L:�:� b��lding official sha�l approve any such eltern r p �'* u : �� .• t�.ay , ,.. `:��a ����r�- °�'����°°' �°���'_ ` f a i d that ti�e alte�nate for thc ur ose irttended is at 3east the ;� �:���;�..�...��°.�. �:..�,: �.,� af zci � f n s p p � ' fi'lli�i�:�.�.:�-�'�`14 :l�,r�� � `.'���r'{"'��kt.� °�fs�;',�_� = tih4:�•�i;;;;'�,f.;=:= equival�nt of that prescrib�d in the cod�s, in ua�ity� stren th, 'flf.�',i��'!;�r'��5i;f4 �;r• ,u,:.i���,4�.�i�� ��,,y.,, .:� _�,��•.:,.:�--�� �:�.`��• ,..�,YS-�; effectiveness � f ir� resdstac�ce � du��b# 11ty ar�d safety. T�e bui ld��g affic�al �'°.`,'��'�7�`�'4" •-'-�_'�"``'��'��'i. s�all require tha� sufificier�t evidence ar praaf be subm�tted ta s�bstar�tiate �;° .'�,.�. Y�r �F;};,; • ���.•;� :;;;i :=� °'`f"'�;Y�:��S�:':`�,�' ,�'�.;''",� ;"��:;� any claim made r�gard�ng the aiterndte. ,L:' +'J�-.i,il; li.. ';fA.' °i��fti���=']:7ri[. .,... e�t�.ki,.�T�;: .. _ . ::a^_x Z_. �:,:•ri._ :ti: � �ec, i38.16, Suppl�+nlery rulas and r�gulations. ; (lj 'ihe buildinq offic�al is authorized ta prom�lgate r�les and �� regulations not �n canfli�� with this chapter ar the codes adop��d hereunder • for the purposes of providinq for standards, p�an s�,ecificatinns, prac�ical � res�lution of canfZicting pravisinns, a,nd the �pplication and suppieme�tatinn =of the provisions of the�codes. Th� ru1�s and regu�ations promulgated by the _� building afficial shalZ have the same farca and sffect and shail be enforced ;� the same as the provisians af such codes. �i; (�2) Ii the prov#sions af �h� cades ar� r�ot adequate to cnmpl�te�y ' . prescribe the manner of con�tr�tctior� ar the des�gn ar cans�ructian procedure ti of any structure� �he �tructure, desl gn cr pracedure shall be.made or ,. ��accomplished �ccor�ing to specifiic r�ies, regu�at�orts, �lans or speci�ications ;� therefor s�t out by t�c �uilding offlcial. m Sac. 13�.14. [R���rved) - Sa�. t38.20. [Ras�rv�d] pivision 3. �ermits 5ac. 33�.�1. In Gen�ra�. (1� Permit Appilc�tion�-when Rcquirad. Any awner, autharized agent, - ar contractor wha desir6s �� cunstr�ct, enlarge, el�ter, repair mo►re� demolish� � or changc the occupancy of a building or structure, ar to erect, ir�sta11, en�arg�� �1ter, rspafr, re�tova, canv@rt ar repiace any electrical, gas, m�Chanical cr plumbin� syste!�, the insta]latian at which is regu�ated by the CbdBS� or to ��use-any suCh wark to be �o�e, sttall f�r5t �nake appl�cation ta th� �u�lding aff�clal and flbtain th�,r�eq�ired permit for the work. 7 u 's" - �, ., , . �w..r :-�„-�.:.r+rr�..�,: � -�r ..._ . , . - --� o.- ..- . . . �.. , . .. . - , . � - . -x'�..sc3:-w�.,� - 1 , . , - ' .., ?�iti, . r � , ��a:i•i �! 4 _ _'_ �r- " - _ - - r 2 � � � 0 � �� � �� a.,��3 ��Fl1:��k�ti'•tq;'�',l�'r-rieG'nr"..r.� ,.�3.,-Y� - . � r.. .. . , . . ,� : ., • <�r'•�s, , . .r s"�. . �. ��:+�� i.���. � , �_''4�'✓,i'�5�}?;��4 �E�e. _���'� �rfy?�S}R,`d'i� cydFf�h•����'!lr�tl F 't':�C, .�'j,. 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'�l+i,ri_�':' .•.,ir '' `�r •� `�_y` ti:! i � �� :' � p, I.�•j; '''�' ,..t�J;;"�it ,�\ �� `. ``�"1 � � � �. �� � ��lr�b'y ly .'�P6I�efJ'•��'y���,,,rf;.:- , •. _ .1.' ,1S '^}� .'.• .. e. � 3.•0l„'�.,.�,f;}..1t.A.�:���f'-'I�n'S G'. . �.. • i � . •.• � i n . . - �� . �.�g iti•i •��:i.i'. 3• ' � !•� •.4�j�:F Y i`✓.',�i� �.��1: f1. , 'ii• .,•�.. P.r::s-rr•,�:i��r.:��'t;ia�k„(j}j. h.�; � � ,7. ..,ff: :5;: � ' , �' 1',t� �E:';:, ' `:•�;, .*� " : � � ,, � �?°°_:�'�^_�. ::� ��'t:`•��� �2) Exceptians, Permits shall not be required �or the follow�ng � '����,; ;�:t�-�_y':.:���.:;l� . mecha�ical wor}c � s::tui — Y� Y':;:' = .;,: _ — , ', ���:�;'��- �"`:l:':}-: � :'�:: ",.', {a) Any portable heating appliance; ;•s?� �� ::;�;' ,,'. : t°:.•� ����,a�'�'+�;;�.:,�."�>: ^`''.` °��;; {b�) Any partable yenti lation equipment; � ' r , ' _' � +� �'.k5�;�..1'..a . . SS:"',:�-'�;:�': ''.:'r"��.f.r ;r.+•; .�,,:.. iC . `�f; :.... jT , ^i�;�P •' ' ;::�:;,.��s :�r,s;';��,:.:�:. �;�iJ>��.�;:�;,.,`;: {c) Any partable caal ing unit; ; ;? . � .: ;. i," „ti:. z t:,�.tr; • �i 4' ,;� . ��;.� .�..+ ri� �;,':.{� , :tr ?' �ti;: • r 'a:.. r. '.SW. • i:f •eYJ..::".i:.<...j� �,r,.�3. �:r.�.,t;;..e�;�.�,..,.:;,, ��=�i����.�',r;',.;•? =d) Any steam, hat or chil�ed wa�er piping within any hea�ing or �:� :xi��".:f'ti�''�° %:- �`'-: �`.'�.•� coo l i ng e�u i pment regu l ated by th � s Code ; '�?t., •,, ,,;��;? �.�;:;���• �,� i.-� ' �` � .,4 ''•i �'' ;�Ii ���,�� � � �� .'r�.l.f �,�{iA: � ,f,i�_•.•;' 1� •'.,�� 4 '� �".�:,'; ;.,ss rr ��.'W;:r:�: ��� ��� �:';:; ,�.'� ( e) Rep � acem�nt ar any part wh i ch does not a] ter � ts apprava 1 or make ��'� ��`,'� ��:'�� ;:;'�'�"`�'�'+��;J�n,° ''- 'i it unsafe (this does not include replacement af a unit ar system); � ; 'l� Tr ,..��, �.�;_� • �. ,1'<�=; .., t•�- ;_,� p : , i, °'v ,.; : - t�• 'r 5 ! � ;1 �r ; 'in�� f.::I, �t �-�:`�=�'��'� -�J. s .1' '�.'iY�l}: '4'�i.yt''?r:' %ff 'J'':'' :.i I• � '' �{1r'�'r.i�_t)it,'YrY�.i��^' _:.:r'' �"i.� �.i {f } Any portahle evaporative caoler; '•�.�' � ��ti�di':i '�i�q;f:�. ,:,'ii_7:_�'�.,�,i, �.� . E`�+ w �t� �,`�' v Y,Y�• �1'��•7,�.���t . 1' '',�. ". '�'`��'��'� ���°` ��� '� `��"`��`'"' �"� {g� Any se]f-contained refrigera�ion system can�ai�ting 10 pounds or .�...f;.; •� : . : x�. ��� ,,,. ;., �1,} �� F�?r.•.`;,��i:-.,,,.3.•. T�i'.ia�s�:.''���i �. �.`i4���f.�,�sj;,�.i;�.vcr .r,;; . . :��.C.':�il %` ��� ,,4`,iV,�,-��,.,�{,;},�.��<<r t._-�ti��.;s.,_. ,5,, less ofi refrigerant and actuated by motors of one horsepo�rer or less. � � d ... , (3j Woric Authorized. A buildir�g, electricai, gas, �nechanical or �i�mbing permit shal� carry wit� it the right to canstruct or install t�e wark, provided the 5ame ar� 5hown on tt�e drawings and set farth �r� the s ecificat�ons filed with the application for the permit. Where these are not s�own an the drawings and covered by the specifications s�bmitte� wi�h �he applica�ion+ separate permits shail 6e required. The b�ilding official may �require separate permits for each build9nq, structure flr type af work being done. • (4} M�nor Repairs. Ordir��ry m�nor repairs may be made with the approva� of the building offic�al witho�t a perniit� pravided that such repairs sha�l not� violate any of the provisions of the codes. , ti (5) Inform�tion Requtred. Each appl�cat�on for a permit, with �he req�ir�d fee, shall be filed w�th the building official on a form furnished for that, purpose, dnd sha11 conta9n a gener�l descript�on af t�e propased worfc and its loca�ion. The applicatior� shail be signed by the contractor, owner, or a�thoriz�d agent. ihe building permit a pl�catior� sfta�7 indicate the �rflpasad occ��pancy of all parts of the bui�ding an� af ti�at por��on of �he site �r 1ot, if any, nat covered �y the buiiding or structure, and shall �contain such ather in�ormation as �ay required by the bu�Zding official, (6) Maving af Buildings. Whe� maving a bui�dinc� onto a 3ot within tf�e City, the applicant �hall pravide a�is� af names and addresses of all praperty awner� within �wa hundred fifty (25D} feat af the praposed site af the bui]ding, th� building off3ciaS stiali mail a natice o�F the application to tha awr�ers af a11 properties si�uated within two hundred fifty (25a) �eet of tf�e subject pra�erty. All such notices shall he s�nt by mail to �he last known nam�s ar�d ad�ress�s as indicated on the �ax ra11 of Pinella� County, Fiorida. ho p�r�nit for maving af any �uilding an �� site within the c�ty limits shail h� lssued by the building nfficial un�il the �vritten application hns baen an flle for a minir�um �eriod of seve� (7) days after filiRg af such s .-.. .. - .-- . . ... _ - - �=. � ' �; � � ��� . � � .. .. :� �:r.. � .r,s.. . �. .•q���S .a�.•n�Sf.Fli�''i..;�Y�..���•.�.�rFr��k:3Y'i�.�,�5�).'�'/�'�,�'•�'.�`�`'14��Is ' -! ~'� �1.,' x 5v � � � � . . . '�.'.�..+5.?:�.Sik�;n�:yr'R�:>._ �•r ',�'�:.kt:' ' J.. ' . . 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' , . � � ' � f.t;,f:.:';,r�`:r,�'� 3� �5'�i•, :r� . .. . . ' . . ' 1 . , . .e'fi,. ��� , °r. �rs• �r' '�' � .. . . , � r . . . , • ..� �.i; .t'._ {'��:�,� i. y��'.s�ii. �y���i�r:i+ ' . . � :Y� ��.�;a :''f:i:?•� ' �' •i I'3�'4.'�tiR.. � � X;'s :r �. . i '.: `� ' � �f.��;y^ �,i�?'VY >��' .. . IuW�r�r.�.�..a: 3ar .�.....;...,�vi s.i,.a-.a:.c�:..• 4.. t.. � .,........._ ..-._....-..,..,. �. , , ,r . . ... ... _ . . . . . . . . . . .. ti. ,.. .� _. Y .: w.�.-r..... . � ... '3 � • �`� � : �wY,.,�n-�.....w. . < '' ,., ,. ,' �• •vy'� 4. � � .!,'�!� a.�+.. ,:�. '. � .. j ' , .,.,4'�'•[':��,_,.�-"..._ 71i,�, �' .�i� '.' �`�t �','2�' l,.y. , .3it�:..,-} .i � � .{: � . � i'• . , �.,?, r. r �! � r'. �':�� : • �: . ��$ � ' . . A.j.pi"L4triai}s�y,,�4�Y y; 4�.�,t�� ��' •� !� ,%�. � �+s."�°���i�:; � . ' 1' 1,4• f•,,•,r1 •,�• �•, ' tic✓� ``E��r.t?�ti..'ti�i,�'r}�`�.��. �Y. ��'#�a.;'��� > � . . . ".�'.:, ?,`�" {''� ' n•�'.': � ;}..�T,tAy'. . ... ^::� ��:`�a.t.l1 .5!.���r��"j� :�� . , ;.ir," , :S; , �i t:`ie��ri�'F•<!i'�,��:ii..=3.:�•�rC;�3ii�.,, , .. , °}... •. i � , . x f s.;.���. �,, � .��3 , ,�,y.:.�'.`...'' •� , .� 'k.. -trG��,�i.[ Fti•C ,., �. . ry�'; 1 Y .. . �[� 1��.�.:�irk7,•t��.�sh�3�����:£ .�r� , %L' : �' ' - � ti.' . � . j � t `X�+�?4 'S"�`•! Y '.�� �'i•�Li1' ;��. • "'''� �•'..`h,y..' �h7'�'Iq Tty '�• �, 7��L a�t���:'�,� �"S:�i. �1': ;' ���°. ,3 • . �����i�. i {��.�i',�I;b�'h �`�Iii�;' I •>=Ct{:�:',: �,�:�: r� �r;�>.{,� i' � �yi �:t�� `8., S'�-0J��+1:' n4�� �S �.;�a,,:�;�<;;�"��,,:��.�:4:`� . app]�ca�ion to allow the buildirg aff�cial to g�ve wr�tten not�ce of said �k����''��;.�������- '�.�;,�;:��;,;;.:' ::;''; ;5 ���,:'�:�. �:� ,, PP P R Y h t t h ndr d f if ty ( 250 ) f et f r`�', ��� �'�� �x .�:, � zr,��'� ��,- � a�ication�fo a3i ro ert awners wft ir� he wo u e e o s��'• W���"� � -:�r� •,:�.�f:.�, _ �,�.:.,�:. , proposed site. � �F�:,,�3 ��'4� �'��,�� � :.?r�; ;"'`ji5!; ;.�'��'�°-?l. �'1'!:j . [�` �YYi�(:+�i-"}��}` �'} s �3� 1 ' 1� F'f{� M �f �.�. 1,' i'i, ���,.f.,-� :��,�- ''{� ��';" , �{7) Time Limitatians. An appl icatdon far a permit fdr any praRosed f�,�����:�',4 '�• .� � i"� :�F�' '.' �°' �,° � war�C sha� 1 be deemed ta have been abandoned 6�onths ef�er tt�e date of f i 1 ing �'�� `' � `'� : � ���t-"� �. �:x:',� x�'�t � � � k 4 , �`•;��;�`��,P;a� �°�':;;,`-,:��, for t�e Fermit, unless before �hen a permit F�as been 1ssued. Or�e or mAre f���`=�f�4����� �, F 6'N"�,�..�"°'°=��; "- !; �:, �xtensions of �ime ior per�ods of not mor� than 90 day each �ay �e allowed by ��'��.���``� � �� !'Y',;; �';����,�'a;�'�`���'�,����'�.�i .;_,� � ' the buiiding official for the a�plication, provided th� extiensiar� �s requested ;F ����`��" d _ ���'�. �;'4rFf.:����,,•t';�����'��'t=F;��:':`:.;. ,..�.' in writing and justifia�le cause is demans�rated. �; �,'��.. ; '�',. ���ti'f"L.y.3:r.'���:iit%i<x�M1r'`;i'��, � '�:�•��.;�.� ,��'�'�� �, r :�F'r��i �ti ;����i,:t�?�!'�S'��`:f1�:f '`+•T;�: , .:��: „ ¢y-,e{�i�'��p` i �f ��'�s. .i,�. .•; � ;:s{,. �;c. ti y, , .s,.'t` � ;�:, � �.,_:r:;;�s`•`,�;. �. �;;�,;,.:• �;: (8} Drawings and Speci�Fications. �,5�=���� � , : ;��� i �,,,:. `" `. �i :;r � :*�� �` . 6'a t � , s�� •' 1� �� yy .�1;5� ,'.! :fi.,^jt''� �A�',1x1�; i F ' ;t � ��Xv {� -;��� :.'_ .�-�r7��i�:. �1,y� � ,t' ; y�t ".;.��. :r ��»:S �.1'i�, ,. ; i.,.. ;: .,:. �y-,- t a � �iEt�U 1 i"EAi@Yi�S . %� 8 1" IJ � t f a''��. y3 i .� ,; ; ,�•:,,���;�r�. . z;��. .:�;�, h n eq ire by he �uiiding aff9cial two or more ��.��` ..,, .�,,.:,. 4 �'a :Y. .s� �.����r's: �.f � ! �;�:t�'�-Ya:�;�.:_'-:;;,°:r7 ;���,�:,,;•k,� copies af specificat�or�s, and of drawings ciravm to scale with suf�icie�t ��� '�'°'�•� '�-� �'�'���-°``'���� r�:�,:;�>�° clarity'and detai i to indicate ti�e natvre and charactor af th� wark sha17 ,; , ,��:�� � ,�� �,.�;>°-. „,u;: , '�i}���`'ti'�;�ti���-;��-.; ,;'�:::`_'":�`:;;;� accampany the appiicatian for a ermit. Such aw s �,,�£�.. €�,,.^.;,,;,.., .-,�,..,�, P c1r fngs and p�cifications � i�y�<::r;�=-y=c:'�,'��; ��y,;; `'°:.;'�: shal l contain� �n�orma��at�, �� tne form af nates ar ctherwaise, as to the •."a:L�il�i:.tit•:...�;.,.�..... • � .� . .�,,��•Y'��i��4i ���-�;,��`<<=�,:;����<��; quality of materials, where quality is �ssentia� to confnrmity with �3�e codes. •„�x.,.�>:,�.� �:�:..,- ,:::,_�„.��... :.;.{4�f,���,tyr��3:�,',�,t„'¢''A:;::�;°`;°},�..,-. Such informafi�ari s�a�l be spe�i#ic, and the ccdes shall not he cited �s a ����.�z;.:,'��.;��5;���==�:w�J��,���:t;�:,�t.:r.•r� whole ar in part, nnr shall �he term "�egai" or its equivalent be used� as a ' `°'��� substitut� fo s y :��: ,. . � s�f��'''�•f���`}=��,t�F, K;'����,'�-�:;,,;,���; . r�ecific tnformatias�. A11 infor��ati�n, drawings, ;�'�T',;;°���t••.:i��:��?; �'*'.`,'"'• ":•���' specifications and accart�panying data shall bear the name, date, and sig[taturte f,�?�i�7V�r,•_;!,,�`'-,`;iA�a;'f �••,�. E.,,, ,fY��;�,r�,-� ::>�.,_..:_ ��'��t;}�;'��.,�t�>'F�:. fo� the person responsible fnr the design. . �� ' , y ��`.� �v� a,'�!ri,�. -3���.���:-f,(�1�#;F-.. tr�t: � ��v 4'M. . . .4�bz:;i;•�s;;'.:'tf�t•: • . ,;4 `��i: �'' �'•"�'r' � r��'�`'�''.���-°.t�'� . (b} Additional Data. 1"he building off�cial may re uire details, ..1F� F:i�;!}i.. �`i� r� s;'. r�'. - � r � :"� f� stii . i:1 '43��' ",Li � s'f�3,�= � 1 i: �1i , i'.i �JS; � 1,�7 . F' tl ,'�r i�i=••.; ,: �,z, �� ��-: �computations, stress �iagrams, an other data necessary to escr�ib� the .y,; l� �: k�,, ic:�':' �;^.1��':�•-7.i.�•; ��:����������>•.���t-� ��' ��� :? construction or installatian and the basis of ca�culatians A1� drawings jL'£ fi. i.•'dy'.i r,: Y+ }t)'. vl.� i�:j�� t'ik�'•K.. • t ;h';.�s.•.. 5•.,-.j.i;� � �t �;_>�.�,� � w�- �° ^�•��,,;;=;>_�-. specifications ar�d accompanyirtg data r�quired by the budlding official �o be �`�►^'�:�►�`�'� j. 71L31�P';��.:� i.> �����,��,��;����'}�tyr�r:,;��;,�{4;; pre�ared by an archi�ect nr engzneer shall be si�neds dai�ed� and affixed with �i��"`�,,� `� �:���x,.'`1;�`,,,"`'.., their ¢fifiiciai seal . t P.:�x..:'?Is+�.�+is� y".�' �X yYe:�. �;'�?r`i k;r'('�'s�,,f:S. a.��r�..r�,'ti +;,� 'r', � � � !�e!���5 ��..-,,;�,'�''����s�°.tf�'t: ;-f.��a':� • : � S. 1,i�. � i�' I.....�y�, �• p..�. � . '� x� -�'sf�"�''�"` �"�'-;�- (G5 Des� gr� Professional. Exc��t as prov�ded herein, the design �� i�N' Y�£�� y�y.��" j�, t,�3�! �,. �� � r�r. \ ! r.L`a ,,.. ���?� �}i��°���r��4i�'t'•°�`� -�':>;`� �professiona3 shal l be an architect or engineer legal iy r�gistered under the ��,.,;.,���� � n.: ;�.,�.��.�, c�,s b '��•°� `�� -� ._ � laws of �lor��a regulating the �ractice of architecture or engineering �nd a�:z+,; ��� �2t "f • y tT�s•�i� ��,'�{;,Y; ;iiy;��i' �='"��,�} r��-��. ,k�P� rz.�:t.;: �' � � ��'� ,��,�.�����F.��,�.�,��,�c.:�t�u;,, shail affix his ar her signature �nd official sea� to said drawirtgs, �,�,�; ,.� t'�. ,��� �'�:�;�'�;��Ff - spe�ifica�tions and acco�pan in data for �he fallawing: � = �. � � �. " � ,: , Y 9 � uy,�: r' ..� i� Y��.��++i x' ��;��¢`��',F.,��,�'� 4°`.=�l;;° 1. All graup A, E an� i ocGUpar+cies. 2. Building an� strue�ures ti�ree s�ories or more h�gh. 3. Buildings and struc�ur�s 5,000 square feet or more in area, ar having � canstruction val�e of x25,000 or more. Far aZi ather buildings and struc�ures, ths s�hmittai shalt �ear t�� cer�ification af t�e app3lcant that - som� speci�Fic st�►te law exceptio� permits f�s pr�paration by a p�rson nat so reqistered. �. 8uildfng ar�d str�ct�res iderr�i�ied in the fiaad psotectia� ordinnnCe of the City. 9 0 . . � .v , , . _ _:.:aa. .-� _ ..�.. �--� , --�---, - -; - , . . , . �� t--,.�,.,.,t,,�_ , f \ �� �� ..�� •� � � �� � �.; :� r� '� : '� s `� .�� , Y� �;:� ly y� . � y ���;�}!^r�'•:{-�.n.,a...�r.�1 -..Yr�. ;.��,:' .... , ' . . * ' ..... � .. .s. � :s��•� .,.. .. , •,a�pal���hS�l."���'t�'��l3'f}'1'q��_',{`-1,',�'i,�"�h!�R',��?`;Y.'���}� ,SI :vtl'���' +:3. �- , r . . . � � .. ' ' . �1., ":- _�' � �,•� .,`.A � � cf. : i.�4•�'.�.r♦ j�b � y.� y`,?��: . ix � i i��,)�'.�i�j1.,':xf!i 'u' '' . .. . � , , n�s.,,...��.,.�. i' � ;�• �. :'4'1� �5,.A� 4�(�.�, `�!J:EE�'d'C'e'"s}ai:`•k"y,� y� ,�• .:�� 1 .. ,J� 1Y':;j� ';�.,vi��lf����;�� F�S '� � <� <f;fx.'7A�"y)�7Y .1�� i�t," . . �1�,�' .,�rL. •�1� ,ST�.�..al� ���' � n >� `�Sw<3 > x> � r-r�r �.t.5=� �7 •,"�✓', �.,. ..1";: �,.. •.' � ? y `',1 ; . {.. W � •' �, , i 't � .'s g,, � }-� ;,�. .�� � .'{1rF1F"�. U�".�;',� :�w�,:X�. 's':.���"k- .�+`a�, r• .. , -i�k` ^ir�� '.'elt�'�:'i�.���'J,�5a1'i } �t� �;J t�! ' 1 � +.�r ;4'.�e.��� i. , . n .S•z,�_ rr r f s,�� ��T-.i .)f� :�a:!-'.�dt•;�'•• �+�:;. :��l��L�4�.'. p' �'.''7:' '•a` :tiF�'fR�O:. ,i� �o.�• :•`•t,�# rt _e1�.. �',�� �:'� -:i� :,� _ ��'`' .�.':�. {� s .A • �i.ar.:.r • S.i '=ii�. Yf:.i, 's* - . �.�,e '"�'.".'� ^� , 4..fil,+�:e�,. I �+ .��� *!'.�• ' .i " ,S . . �'i � 4:( .t, •.� • � �" at.,.�� � ��:. � ;"�.. ,'!' . a rc. :i- . .�;�,'. . . . �I' I�4 '��. `�y,� �. ti:e$�', j"}t1i'' ."i+ .'d F. ['. •'� . .' E t i'r�:•' ,t '.r ' `�, .r' ;.,-�� i�.: �'t� ?`t 4 � b',. , •���,. tr;�+ ��l�¢ :.� i%' .''�`�', ::�i; �{'' ?'�'. ;1 ':it' E�;. ai �a r ' J IF f � y�y �y ."F �"•i�. �'.� �rti; .:.4•,` 'i�'..'• ;.5� y-'� •.�k.� � �'�� _ g€ ��� � � � t� �.i4��ie�e'{ �ii. :j`R1:. '•F' ;� ., r. .Y.. ,�e'' F�fi �� � c `fi�P•a° ��.�r V��: ��.�. ')' .i�l�� !. :�. 'ii'; . i' ��'�' `�i•��'�:'��'`:'�ia�°.. �I1�"'.,' .I�S�, .:��t �I '���' , '�^ 5�'S r�ai,a /r'?'��..:�,`::r:<' ,•i' ''i�t�.' ' •!�•.`� , '�- .rt.:'C. rs:i:{�.�.:ii.;rT'.-e,. �j...t F •i n s � r I•�".�- �IS4�. .d�r �ir^ •.l ' , � ��.`�, •�, .. �.•` i� ];.�.. .5 . f� �:�� y 1 ! " . '� i 1. �.ri:l: ,•'`r'.:', .i{ '�;1:1:� .l. '���� ;t''' .l� �,s• .�G: ''���i!.�'r��ip�-3� > :'�P Yt}• t .t'n x { : �. 7:i �;� � ' r �t > . � i i`�' ' c'��. , � . � 'i' n' . . . . 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',`�`' .'C ! .7!!: �}i�. '{i;°i n , ;y'��GM j��t.k. f�r.; �r` ,.c,' �: �'i.r'�..:`�••,'i'p:' '�� , . . . . � � � ' � "? "jrN. Y%I, cy• i �"i�'`J"`�� }R�'r � i.);:A: "� �', ., ,.C1��,,'. �e . � . . .. � . •� �Yi?R�9:i'%' !: .�•+'• y �'� �ry, 1+. -e � � i 'd � y ���� �•i�: 't8.s (��3Y'.�4�'�''t'�;a'�." :.'iY ��.r.'�Nr �� � � . t ' , ' � . . . '�C..' � j'i � * ���'.p:� �e�� ��, 4.`�y�f ���_ ,r�� x �j n:e�'i:+�" �"'.:it•: :�lG`��'t,A : t � `� . �. r , .1. ,g.y: ;ry s �;,X 7.+�:, i= � �r }i f ��'f �i': �ti ir�{' ti'« � . . ' , ' ' � � � � ' . , .i o.�� ..i �i . t �' �r !:� '4�Y�° !S� ;:3;�t '�`,y..4 �. � ,rJ ;i�; s ? ,;:` `� ` , . _ . * <� ":1.;,.,`L; � Ts�; Y�,. � t�'. ��S e .i.�:iT'?"'��r ��::�`��� SrsF'�t� .(�'`�: �:i�,. '<` . �' .. .. . . . � . ' .. '1!'�0.,;��e � ����-�''� �ls�'•'.���t,L ��'i�'�F• ! ;1?-.tF.:. F.rM};�`v . � ' , ' r . . . e , . . ., . .+�' f 5,`'i k') �: i ry '��'�.'� �l� �•,�.�� �s.�. '•pa ;�!�'1;�' t . . . . r. . . . �� .�ifE.;�f5:1! , . )!�:_. �y,r��S"t��.. i:T ,>Y:`-~+•' � •.�i: r •I`:"4;:`��e� - •,wiwi , , . , . . � � , , . .s , . , . >'�lr,4i�;�ff}.i�l �fl�t. i;i�i� a�. ,� �.� F:. Y�r):�;.i�.�..;t;; .��F, ;� ,. , . . . '- �...,..:•'`,,..._,�, .�::�:_.�;�; ...� �,�Jt �I � �fz�f.�'.li' �' �y:•'��: 'f.J.' � ' .:t - _ !"1 . .. • � � . . . . . ' ' . . ' . .. • • ry +1'� '�j%l i��.i �i.ht �".°Sr _.•,,a., 'i��'Pd r'l::fc ���^it�'I��iF'j �?.,�Y�' :.;F: ��'s°ti�yr� '- '� � „ ' . . ' • � . . � • . , � , . � , ' � . . .+ '?`�µ ",�x.'. :lii�� �: ! f'. z `: �,�ys�,� ;e.:4�` ° �:i;�i ..��"�i'i ;� � ,. . ' . � . , . ' . , � ' � . . . . . . ' . ' . � , � .�� - i- :��•`�� :i'�� ,'1�.[,fr::'t'i���tF�i� •C: �p.. ' . . e . � . . . ' , ��� l,�� �t� ;,'.54.,�r�}:;'y�, :f' :�f�'.' . ' . � .. . . ', . , , � . � , a M , ,�.� .1:0 .r.Y�•�j,^. ..�� t': , . . � . . . . . . � . . . ' , .. . s;�:$lya:n�fz,v.-�'�"r��:{�+�t•� ' `�:�,y �:� ,�. :�s[t �.r' .,sv�'. �'9��' . ' , � , , • , � . t � '� ',l.J;�4�i.�.. �ILF`.'��`S ��:�: �r��::� „�.c� • ., . • , . •,. . . ' • , , " `R;�{�''l�,,liilas'�.�h't•'. r ��'.:..f'.�,,, t;4:!r,��F";.i;3''.�;° .. , . , . ' .`,,. a f�. cil'- �. *, �,!{,'i�5. ."; ;'f•', "•� . • 1 , . . . , . i � .,.:�s�'�� '. �,�; r'd.{. ' .r':E ..� . ,-�/� . , . . i . • . ',� ,s•'Y;;S 'cg�;i''�a`.' 'y +` ;�''yp',�:i��;��: :{;�� , .. � � , . � . . . .ti.' �,�,�+"•'��`� c•s,"�s� . 'f,�!1'�e`:•�,'�,�j':�';s;`,:� �{`�� I . . . , . .. � j ',tu:�~�.s.`I�,`•�.iti`?;�;'Ywiid .. ^�.'cJ•:ii� �I ' , ' ' ' . ' . •.F, jf '. -�:' :i� �'•l . . �S. . _ ' { .�Y:'i: '1 �.�-�� ��. .5•� c.l` ��� �7. � • . � ' � . . ' ' � �; tr� ��`! ; 'ti?'e{r� t i. yY . � �f4'�", a . "I r, ? '<i � V.�.d . ,'� ., • . � ' � .. . . '';; i *4;.ra:f,,�tin.r. ��; . 'y� �=��A ' � . � . , � . ,... � . : `��4�i� v..:'�,�� . �•r;''ti'. � �i.� - - j . � ' ��� ' �� � ..�.n ' . . ,� .•{.. .. , � . . :1� ii� 1! r1Y'Y, !`. . ;Y; ; ,!}`\a •� ,� t J; f' , l . '. , 1 . ' ' � . ' ' ' ' • L i , 1 y ' . • . � '. ' " . tiNS ,. � :� ��....t.� L'.L . . -' . . ... . . . � ' - ' ' . . • � . , , r.. ;}, F� �� � , , ��' , "l'� �',��1.,>i:l, . . .• , , ... �� - .. . . ; , , ,. ,. , . : � . _ , . ,s. : _.... ._........,,....�. _... _ . .. ... . . . .. .. . . .. ...... . . ,...�.. . .. . _ . .. . . . . �. S E '',,Y:;: :r, : i:. .�.._......._..... » • �,�.��E. �;�'`��:';"�'�'��;�+,�ii.`,. f'.''���`�; yR.., � . `.',i f' . ' ; � • • � ?.�,4;`��".; i';�"••V-1 �,�,�+�.,'�:�,�,'r',. �.•��: �i. �.i'.�':4 .'� ' I•'' �:;;`�.�e , ��.;;;y�r��,,•S{t,.iy '�,1, � �� ��,.�,. :i`I : E ,� �`�rc���,�„�'sr,'{,ifel� :wf.�.- ',_ .�4+' < a.,,�..,. � ; <:� = c , �� ,� : ,.�5 ;j3' 1��;��'�,...' :' ..�Y ��-�.�4' '.s� , ,# . •- '+ �: � »S'� .� r � i ,��.,�t �':s��"'�";• ',... :_ . . .. . �ri,�n�; - �� �; .����',,� .. , r,<.i:� � ". i;;';. ,�. 's� _]lic�,�, �'''���� '"-;�_' �` 5. As an exceptiar� to the faregaing, Graup R3 buildings, regardiess �r`''��`� t� ��''��, !��-:,';,:;:�;:::`. �; � : .� .`�'�:: ' �,`.�•� =:ri' �� .;,°�.:�.��:� , E of size, sha11 require ne9�her a registered architect or engir�eer� nor a ��-'~��.��"��:`�:_�, . .;' :' :� r�:.'i���y��l,:g�y. �•:�",�;���R -- '- ��5::� certi�ica�ion th�at an architec� or engineer is not re�uired, except those ';'�f� ��:,��r���� ' `•'`��" � ',::�"° ' .�..f?;1.;sr .r,i�. "�``� ''��� r� strvc�ures as def�ned in ti�e flood protec�ion ardinar�ce of tne City ��``��''� .`:�;±F :, j'r�r ..' , , ; ,' ..t ..� , y ` � f'.j,";'i'L � i�s `'ki:'�r��.ti ,�il�t: �'}ti��L��}�T1 `Y"F'��' �:f".. �'. .� •;�t.�,�.�.+�;� +' :4;':e,�,; ;,�.;`,�:�.; �;��,;��:: f`,'. � (9) Structural And Fire Resis�a�ce In�egrity. PZans far a�l buiidings f'�.�: r�,�'���� : i _b'k,• ::�:':?�s�:�:1-�"',�� '.�' :!�. shall indicat� how req�ired structural and fir� resistive in�egrity wiil be �;�i;' ���'��.� '}�� `.`,�';`:�`,���. •�;c'�� ;,;; �f,., maintained where a penetration of a required �ire re5istar�t wall, flanr or ,�����"�� ;' :�;;,;:�" ��,�t�:.i'��'-:;�- ;�r�� �; partitin� will be made far electrical, qas, mec�anical, p]umbing and �;���,�:t,;�n'`�� yti.r< •r „"'" �;= '�•"' ..w; �'���;=•ax•+ ;��,•�� Carr�nunicatian canduits, pip�s and systems and also indicate in suf��cient y�'�'"�-���1������ �. ��.� ;�: ',,. -:';:- : • �'. r..s,�,�..,�: �;��. ' �"�r' �'���,,4�:';�:,;,. ��_:� �; detail haw the fire integrity wi�l be maintained where required fire resistant =�Y:. ;w��.,•� '�- :r'�`.�:�`�`''::,';::: �:.�: �._ ' .. f7oors intersec� the ex�erior walls. ;�-/::{����, �� ..t.. fl,� ,:��.�'�t:i,`y�•w y � f�� `. � �'l l Y ' �i v:`..'. �'�%r i. � . ..� ��tNR '�'`�'•�f �7 � "Yl� i'.; .' � ._. Q+�'w;.�''a�;, �,t :c(!.A s�' ��..� t;; •! X• � t,. � n� ��s ' c'l�..P: �••, j ,.•: �'`�+ : '�' . � � � ...+ �, �=��5.�.i1��•��F�::•;��, �°•�•� Y� (�0) Site Drawings. Drawings s�ai1 shawn the laca�tion af the �roposed ���;,�:;':r,'�� :;r''�.b "phy:.:R}y e •� ':<.°.' :-�!i ': :i'� a. ::=;:F;�e_,,E:,_,;s�-:;r,�,_,=;.:;�T, 6�silding nr structure and of every exist�ng building ar structure nn the site =��� ��"'�h�'�` �� '�`'�'����•;=��� _��'��' 2` ��r�'�.� or lot. The b�i ldin official ma re uire a boundar 1�ne surve re ared b �= r�. �' ,.�,� r��:;�,�; �;� ,z� 9 Y Q Y Y A � Y ��a��� � s:;'�;f,�.�i�:=,y;�� �rs:' '��=:,r:�s�;;.:.� a qualified surveyor. �:i��:�.���,�.�; . _ ;.,_;;�<�.� ��`.-. �, , -.., �;:. ':'`�� , °�`���;��'� `- �'� ;�;: ;�`��°�`�� ,,, �' �:�:;�.;:';:{�.:., Sec. Z38.2�. Examination of �ocu�eRts. ;a,�,A''��� t. � , r � , `� > �.�� '�t�. 7�.. � '�:i..l.r. 1�� te.a>.,.t; �3/�� �e� ,tit��.' ' %'���, ~� j ,j �.a�;'. 1;y: z '.;,; 'r,:� ���?A aa .F.'..,,�;�i[ �r�N �.��� `�``""�������� ' (1) Pian Review The buildin of�icial s�all examzne or cause to be ��`� ,�s. ,'�; �i . sli�� _ �.. ,'�: °f,.r.tG�,. �t� °;+�� `_. �' � .� `rz �•.;:,,,;'r..: ,' �: ?T-,'�`➢::�.. . �55:�.'�.�, .j. � "�.:;''_�# examined each applicat�on for a p�rm�t and t�e accompanying documents, ,t;:�,;.�i ..�...�,,, cor�sisting af draw�ngs, specificat�ons, camputations and addit�onal data, and '��� � sha11 ascerta�n by such examinatioRS whether the constructian indicated and '`���:��`� described is in accordance with the requirements af the codes and all a�her '_�;`:;; � �pertiner�t laws ot- ordinances. �;��::: (2) Af�i�avits. 1'he b�ilding official may accept a sworn affidavit ���''���'� fram a Registered Archztect or �ngi�eer stating that the plans submitted ;��r:'� conform to thC CO{�@5. Far buiid�ngs and struct�res the affidavit sha1T s�ate `"`'` that the plans conform �a the laws as to egress, type of construction and ^; �_,.. w-: �,. ;;�,5;;�;: . generaa �rrangement arid i� accampanied by drawings showz�ng the structural �_��'���� desigr�, aY�d by a statemant t�at t}�e plans and design con�arm �o �he ;;�°�';,� '-r.equirements of the codes as to strength, stresses, stra9ns, loads and �a��'%�� stabflity.. The buiiding official may without any exa�inatzon or �nspection F�'�.,;'� accept such aff i davi t, �rov ided the arch i tect or engi.neer wha r�ade suci� >t�;<� �,,,,E. affidawit agrees to subm�t �o the bailding official� copies af inspectian ���.�: ` reports as inspec�ions are perfarmed and upon compietion af tt�� structure, �'u'�'' '�lectrical� gas, mechanical ar plumbin s stem a certifica�ion �hat �he +'M14� ti ��� structure� electrical, gas, mechanicalgoryplumbing system has heen erected in �kzy.��. • accor�ance with �he requirements a�f the codes. Where the building afficiai �'�� reiies upon such affidavit, the arci�itect or engineer sha�l assume full ��� respansibiiity for the compliance with all provisions of the codes and o�her �. �, .;�s • i,;� pertinen� 3aws or ordinances. � . Sec. 138.23. Issuin� Per�aits. (1) Action on P�rmits. T�e bui]ding o�ficia� shali act upan an application �ar a permit wi�hou� unreasanable ar �nnecessary delay. If ti�e building afficial is sat�sf�ed that the work described in a application far a perr�it and the cnntrac� documents filed therewith confarm ta the requirements of th� codes and other pertinent iaw5 and ardir�ances, he shall issue a permit 10 . �, . . -.:., , � � �� t 11 � ! '� 'r • tl �—_—'- . . T ..._. . . 'k.l ;; .cn!..a'�.�f.Fr,..i!r.w.+;e"'1j!g�y!il�,j;', n ;e f�.,..y... 7. r i�. n.�.,'w .��,. ' y.' .1� ,r3'K;� Ki7ai;�y;i), .rf-"yr���r• •.�•, •f•; •.k.- ,l� . .r. 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E �r�t�i�� 'l���r4�� • , !i• �� . . • i.,.��v�.�' s 3fF7.1f7�-,-�> `�1 e � !� ..:' : ' . • . �� ���fi.'��'".;Y.w.��+�f`l���y) � 'ti1` e1a -• �••. . .` �• '•� :i', q }, ".�. . , :.;,�y,:. : K , =s�,��.,. ,;�t • ��; � '� •. .;:,��,,;-.• ;�;'::�,,u,{ 3 ���. ,�' - . ct' r.;�tr�L'�^!�-::`d'��.:r "� �'���,` . ,s. � . � �ct��i4` 1 ��� . e : •k,� .1 F^�� S�1 ' -!1 s"d,��i . � �4�, i ,��, . `r �yY:Y.�..'tww=4.�? � �� %�e ' L�: ti' ' �A;S} �.. ;:'r._s:':. - . ... j-. . . '.,•;.... l;,, :t:' . .,:,�,. ��,�i�-::;i.,,s-•a�., �r.`• .. s�* ' Y��: �. t.R;��?�� '.1.;'.r.' • ` :. '�; " ' , s'.t;:,t ;.,i��;Ytt4�..a}�`{•�''�( ti,: . ^ ' �'';� ` .i, • • ;.� .s;:r.. �., ,.�� t•<� 4.,: "r�; ��.1;. J�!.�';: • �}.- � ...,.r a.rr�{�a����,��;�y�3���z;,t'', 't3:.: ".�V . � ;{'ri.�r''�aa.��.i:��';�YO��i' �;,;;�,:,�.;4;..,'��;�:�"'�>:.::: E..,: ; � ta the auplicant. However, permits shall not be issued directly ta a property � �'��°': :';��.4'.',.:�. `'. �': � own�r except �n . owner-occupant af a�ne-fami ly or twa-fami ly dwei ] i ng. �ti'?''� �� '����� �`� �� Con�ractor� appZ'ying for permits sha]] be properly 3icensed in accardarrce wi��t �}.: '�" .:� ;;: , F 1 vr i d a i aw . �'y:l J; � '_��.�`'�.�,�; -'`�': r�' ,' (2) �efusai ia lssue Permit. If the appiicatinn far a permit and the '°� �` ��`''��`� `'�� '`''• �``1�� accompanying contract dacum�nts describing the worlc do not conform to the ��� �'i°L''i-'`l.,[:'• ,�F: �_}� � � '�. �.� ', s .;}t,:%:';f'?.,',r:A�'.' ,'tf '.,r ".`•�;;''�•..'''. �.�.>..�,- ..<�t,.. �:;_@:�.. �.`+�:_• .�-• requirerttents of �he cades ar a��er ertinent lav�s or �ordir�ance�, ttte bui���ing � ;3' ��•..•5�,. :����'���:�`'•:+.����tis�{������.'�`` r��'�„����� tifficial sha71 not issue a er it t t c� t t :�'# a. ,. t•�.: .. p m, ut shall re urn he on rac dacumen�s o "' *<;��;�5��:";�:'��',`°'r��;';.-.':f�',����-, the appiicant with his re#usat to �ssue such perr�i�. 5uch refusal sha�1, when f.;�,��j,,��{ ��;�"r`;."�.� :�{�4'�.�;;;; '�::;� requested be in writ�ng and shal l contain �he reason �or refusal. ��,Y�:�=. � Y��.� 1 �:•.i =:,• �::}�• `;si'; . ` .,..�;1�_ ,�z`r�'�>-' �;, � �;� .��:• �� ;� :.,��;; 5°�,>��s�a'�;;:-�;�� �;,' �. (3) SpeciaT Foundatian Permit. W�en application for permit �o erect f,.='.��k����`_?�''�z?'�=�.:���.��:'�w��'�•��„�'��� or enTarge a buZlding �as been filed and Qending issuance of such pErmit t�e �', .-;,�f�;rt�'s: ;.��.r.�'.'yr:a:r'' "�«°;;'' �ui lding officiai ma at �is discretion issue a s ecial ermit for �he+ ,;�c;� �, i't�l.�i`a •�� .��.,'ar:` .��� �' 5�:: S ,r. f .:�,:±' 4��'�_;�;� •`t';��:f �r :i ,': 't,, ;r�i;,:;.; `�'� :i;;;,=.'`'�,�,;;rni �;.,,�:xi':.:1i; �;•':ii.� ;:'.�:: .:���li ,ii} A F y , . f �=,', Z'�:',�sSF }:•: ^y' '�' '' y`;.'t'� t�¢: ` ��� 'r..�, t,-i`ri::`=. .F.�t��S�i�$r?i•; (��'�'y `� . 'c }S _y �,', •� ,yt���2. � �:,�I,.:�Ct e�yy;�i,��;i�f��;.'y��?�';?,:�;,;,t�• • '����+�kfNr!�) tFt.�J�41`.:z..�l"•.. Sry X't }�: 5' 1..Z. � .�: 4..: ; , .,4 �s �.�`,;s �:. • � ;�.•.. �< 'FF.g�.: j�].,4�'.� �,�,;i<.J'y}ti_N,� 4� i;` t �-r $t ��� 4yf � ',�'` 'ti.' N�;;.,i� ,;�� ,�. �;% , ��'��'j_, �. �:,�; 1°•��k,i.�',�=�, "�'.;iF`U�ki€� .•4}�I.ri(� " �`�]Y�•�+��'s ���T '�='���+%S!� rn''`'��V `¢ / •... `i ,�,�j�'�,:ty��� 'l''<"'i�'�'TS���' • �.yt �[� � f��`li �J�p i . �K�� b i�,�'';i�.11��i�f' �?�:�, � ,� .i '::�v�y",�+�• ��(��y �'�, e�'��'r� ��- ..�,: � ;�,,.,. ;A� ,3� -- Y.t�,n���F '�y. .�:• A Z:;. ��1('�'4y i t�t k�S'Zn.:'� 1i ] �• ��' �,tilo7.i�1%f��1�!,��J�, �7. �'��°ry'1�„"�.F,7� y�!c ��r�1�:�jY ,�r;. #M .7± 1_ fFG`'�-�T'�'ei}%•�'�:}`il . faundation anTy. ih��holder of such a specia� per�np� is proceeding a� their own risk and without assurance that a permit for the �emainder t,f the work wi]T be granted nar �hat corr�ctiorts will not be requir�d in ord�r to mee� provisions of the codes. (4) F�blic R�ght D� Way. A permit sha11 not be given by �he building a�ftc�ai for the cons�ruction of any building, �r for the alteration af any building where sa�d huilding is to be changed and such change will affec� the ex�erior wails, bays, balconiest ar ather appendages or projections franting• on any street, al�ey or public lane, ar �ar the placing an any lat Ar premises of any build�ng or structure removed fram another lat ar premises, unless the -�-app�i�ant has approval fram the P�b��c Works Department for the li�es or the ' pub�ic street on which he proposes ta build, erect ar �IDC3t� said h�ilding; and �t sha� 1 be �t�e duty of tf�e �u i]�i r�g off i c i al to see that tF�e stree� 1 i nes are not encroached upon excePt as provided for in Chapter 22. Ser�, i38.24. Responsihii�ties af C�ntractars. I�t shaTl be �he du�y af every�iad�vidua�, carporati4n, part�ership, or cantract�r, wi�o si�ali make ��onfiracts for t�e ins�allation, cortstruction ar rep�ir af building, struc�ure, elec�rical, gas, mechanitaZ or plum�ing systems ta ca�n�iy with state or laca� rules and reg�iations concerning �icensing and t^egis�ration. : Sec. 138.25. Candi�iuns af the Perwit. (I) Per��t Inten�. A perm�t iss�ed sitall be construed ta be a license �to praceed wit� the work and not as author�ty ta violate, cancel, aiter� ar set aside atty of �he provisions of the codes, nar shall issuance a�f a perr�it prevent the building.officiai fram �hereafter requiring a carrect�on of errors ir► p3ans� corstructian� or violations o� the ca�es and other p�r��inent laws ar ordinance. Every permit issued s�a11 become invaiid unless the woric au��arized by such permit is cflrrm�enced within fi�anths after its �55U8�CB� ar i� the wark au�harized by such permi� is sus�ended or abandaned for a period of S morrths after the last successful inspection. One or more extensions af time, far �eriads nat more than 9D days �ach, m�y be allowed fur the permft. �T�te extenszor� shail be requested in wri�ing and justifiable cause demonstrated. Extensions shaI] t�e in writing by the building officia�. �.�r:�yyfY�i {};A j-' . �E t..'r,:Y� � 31. � r.4 . }..t..,� t N '� �:�..y� i' ♦ ii.r`.'S;' ` � ,� i � :\S .i �'�e�k'• i.....�i� ,�4; 'j ,. `�r' ';.,'.� ;; ; r � � `- '�`{I'' .y�r. 1 r:' �.�. z'.: � `�'f t�;.;��Et�: ,�, i��, 1� -.� " ,. , .w.... .�-.: =-;�'Jr^�11��' \ .� E �.; � � ,: : . i ,- � Y•� . • 1 R: !� SM �i �h� 7 .��✓;�;i.�'_,�t::T:-R�'�1': +:V';..rr�'r.� . ��;•iE'.!. . ��r '.•° . ' ,I�. . . • . - , , . ..�.. . 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J;:�*, .�,�(�� �.� � �%i',� ' '.r::,' .. . . r;..�,.�;.:=;s� i`�,RiiK.i�,;�i%tr��7lr�r �,- • � z•� �a . �i`.t _ . �.� �• « . ,i.i.�.ZFt ln..v�F.v°`1('�aJ`'� ?./a'' :;.'.Ft.j., ,�� '.:'�'� 'F,ite..t� �'Ji.�., ,k N,� :, • :.� �" ,���#' �4• �.� 1��'��� •r' �;•'��`�� .F: �':"��E; ,�e;��.���� ,���� ,h 2 Permit Issued On Basis of a� Affidavit. Whenever •�°��.`}n�.3�T.�;�:'� wYj� ,. .��. �.,�:�:. �t:. a permit is $�3:���` ��.��• "�;�a,, ;:•�w. �,�" : .. �„'t:� :� . � t � ; r��� ,�'�` �, a��..,x� •;� � � ',�_�;;.��,s';:.'�:��:; :'�' ;,. �; ::':.;':,.'�r� issued in reiiance upan an affidavi� ar whenever the worft ta be cavered by a :. .t.:4.y>�r.�.��::t,:; �l f;��:• •, � 1 i ! t'. f � i s' j! ; :: �• '• •b 4 i'&',�1u5�, r: i 3 r�:: � ,� t� , ; permit involves"installation under conditians which, �n the apinian af t1�e ,�:�:`r;.-�'��� '� .�� '`���`,'.tr:: -.'� ", � bui ldin of�iciai are hazardou or c m 1 o icial shal i ''��:'•::�'�'''�:� '� "'}�! `��.� . "u,F . , � ,� g , s o p ext �he bui lding ff ��.,,:� �,r,�:,�.��..��L�,.��� � , z } ,�.. ;�, ;; .t ..E` t �'r,r. p,';�y.�,� 'c: -�"^t;�'=4r�.;::;� ;f�, �'t- require �hat the arci�itec� ar eng�neer wha signed the affidavit ar prepared ��'�,��}��'�`+�':;�>k,Y;;�� �, �•}i . . ,�^ a-'� ��"�t'+.F,"`�9:���� ,�^� ��;�•i ��=_ ��: ��:` :�� �:``:���:-: �-:.:�:-`.}=.�: .. +:� the drawings or computatians shai Z su�ervise such work. In add���on, they �� r�-��;�- u� �� _t. > . s.�,.;,,,.,:�;., � . . � . �,,. � � ' l h � iy� �i?{t t;.� ;. . # . , ���e .: �� �✓ F F'"l �}" '�� '��� fr 5��1� L� responsible for confarmity with the permi�, provide cnpies of � tit�;S��,.� ��-�� �,�r � {' • =�•-� :: � �'- ;�,:; . � .�,�.:a��, � �'� , ,� i="�`�';'�t�f��":•`;' ° in5 eCt�On Y'@ arts 35 1�5 �CtidnS al"@ er�ormed dnd � Oit CO(Il �@'�1Qi1 IRd�C@ and ���`iT t-' ,�?'j'"��� '` i�'�r�;„�,4>�;'� ,��::'ti�:. ;,• : p P P P � p P s��;�u;� .t� +�.a: ��,�•�.� ':��� �:����'•'�..� •;-; �' f�7e with the huildin officia7 written aftidavit that the worlc h�s b�en dane ;� .s�. #s�` ' k �� : 3J=' ::�'. �, , ;.'... a.s' "�:����4.,�.�. `, '' in confarm��y w�tfi� the reviewed plans and with the structura7 pravis�ons Qf .��"��. ''�� w, '�� ' � -.�.:i;a4�.7yf.?.s..� �;:,�,L'��, :��,a t.`r.,�'�.- � i ;�,,j�;;.�°;�'�=��r ��:���,:`�;_,,. �s.•���;��'_ , the codes. In tF�e event s�ch arcl�i�ect or engine�r is na� available� the �f��= , '_� .� ,,, : ;�i.a�.�,;,yyf�;.;',;�ft;� ' `3..'.,,,'._':" . so or a enc whose h������°r • � � '; �•`��• �, s a i 1 emRlo i n h i s stead a Com ete�t er n g y �� , �� ;' � ��- ' . . . i:��:_�:� °�y?s, �; ; owner h y p P sat�� :�`,�t�k���='`,�;;;�,��:''`;:�.��:�,s.��`-�;;:•A7/r:::� qUalifications are reviewed &�cceptable by the huild�ng official, :��'�� .�;�� ��;-�r-,k� ., , , e : ��w �„ .� ;. �.i �.i1.ttr�':.' . h �� �: 1.'° �'� r.r y t :.�,��:;`�;.c;f;.,,;• -..'_�;-�;`_"':��;;�::�`,. �3j P1 Wh ti� a e�n�t he shali ,'���'�;������:��. ..? 'r;;�:=�{;;,:,;;,:�.,,�.; ��� b 'id'n atfic�al issues r 3;. �� ��,�i��tr�£�''�; �4 tc:. � f'y : � 'i,,'Sx, ,,F;' j,te"r`,s �' ��?: �:` :>�S-�.. �.}.�•,:,,R9�4 r,'.;: . G ,.r. y_�,r., ��'.r '�;,,�:;� '; i�F°'�'`- 1�,<'�.C�.ri'� � � �::t �°•�,-'''S'•��t�• 'h� � �'�'r4,vp:�z 3' ;�-a �•j�yti'A:� '�t",S��l : , Y��:' r,+y, I i'�•��'S'_� � ; '„�„4�`':�t�`', .; :3� �,�.;,���•,-f i' � i' i �I+�' i ��� �� •,f{ �ivS�,. � . �.� �"�}.;.;`J:,_:1�,�; � ;4��ti•�3'�';'r�t`�1yt.! . .!i, i'f'::i.c:'..:'1`�i � ,�;;;�. �`;'- � ans. en e ui � g p � endarse� in wri�ing or by stamp� two sets of plans "Rev�ewed for Cade Campl�artce". Or�e set of drawi�gs so reviewed shall be retained by the bu>>ding official and the otiter set shall be returned �o the app Ticant. The permitt�d drawings shall be kepfi at the site of work and shal� be open ar inspection by ti�e building official ar his authari�ed representative, SBC. ��$.Z{. F@@S. (1} Prescr�bed Fees. A permit sha71 not be issued until the fees prescribed in the Czty's fee schedule �ave been paid. An ame�dment to a ,permi� shall not be released unt�l the•addit�oroal fiee, if any� due to an :.i�crease in the estimated cost of the building, s�ructure, electr9ca�� plumbing, mecha�ical or gas sys�ems, has b�en paid. (2) Wark co�nencing hefore perm�t issuance. If a�y persan cQrim�nces any wor.fc on a building, structure, electrical, plumb�ng, mecManica�l or gas system.before ohtaining the necessary permit, he sha]1 be subject to a�enalty ' as provi�ed sn tf�e City's fee schedule. ''� �3) Accounting. The buiid�ng affiicial shall keep a permanent and accurate accounting of ali permit fees and otkter monies collect�d, the names af all,persons �pon whase accaunt the same was paid� along with �he date and - amount ti�ereof . (4) Schedule of Per�n7t Fses. On all buiidings, structures, .electrica7, plumbiRg, mechanTCa] and gas systems or a�terations requiring a permit, a fee far each permit s�ail 6e paid as required at the time af filing application or issu7rig of permits, ir� accordar�ce with the schedu�e as established by the City. _,, {5) Building Perm�t Valuations. Yfi, ir� the opinion af the b�ilding � official, the valuatian of �uilding, a�taratian, structure, elec�rical, gas, mechanical ar plumhing systems appears ta be underest�mated on the applicatia�, pert�3t sha�l be der�ied, un�ess the appl�cant can show detailed estimates to mset t�e approval af the building offzc9al. Permit valuations shall inr.lud� tata� cost, such as electrical, gas, mechanical, plumbing equipment a�d other systems, inc]uding materials and lahor, � . . ,, . , , ��tia-....-r� r•, � �.L'H'i{: i� � R�{�'� ,� ZL• �, �� , �Ii �� .. 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E : :,; . . . -, . �s�-a:::.:;,.i�,a... . � . r< . r • �. ., "�'' �'�� , . ,r� . . �,'�'�4�'1S.^l1�'l.lk:�`;+cVe1,r'rd.ae•.aaiw...�'s::..,w....�.. .,.._ . . .._.. � .. .... .... ... ..... . . ..... .. .:.t. _. . . . • .. . , . , .. . ,... . , , __.,. ......... _ . _....._ .. ..: C��'c'','�,'`. � .i.•. � �f . r:'(- ri: '',��t•�� ..��'� ' , � :� • ' , . ; -..9 :; j' t''. .�� . . �t j �' .�_�.�.. 'e - � j�e"_ ' ,y l'.F• -r, "• �4' ;T:.. . .:� •'�``':+�'A.n`.`',.`'i.� ..'kI+'ij r; . . ` u..4. • � J',L . �`��� r�'•r''': x 1.. .. . 1 :7~,�� s'i. i,l'..-. ' �`�`�'`��r' ;,;:;��: : ;,,,t`...9�� � . �ec. 138 2T. [Reserved� ::.';.,;;�...;r 5;=� •'.:•� . �+�:; . . :, •,r,�'�.:}�it��.',�l' '1` �. .. . `=_'; ,�.��� •:`� :�r= pivi�ian 4. Inspectio�s �f•�. 1•�r�'±• i!`'•'4tj,t 11•. •'F•��tis� ���f� Sec. I38.28. In Genernl. . ..�':I' ', l', ,��' .,i. lS•.'S4 :.` -� '.:{``��'`:�:;,:.;4 '`�';•�'�`��' �'`�"`� (1) Ex�sting Building Inspectior�s. Befor is �. � -•i :- �.,,,;:.2,.;•„ `;v,. t ,,A.... , e 5uing a perniit the �"�'='���:`�=�z�:�`��������� :�>':"�_''��'.:•�%�;4`,':' , building afficial may examine or cat�se to be examined any building, �'�`;��'���-"'�``�'��"�--' ���r���'�'�'���''��� electrical� gas, mechanical or plumbing systems for which ar� application has .��'*fj'�`4�''}����'f;�.,��f`�`� ����� �� p�-�s`��� � been receive� for a permit ta enlarge, a7ter, repair, �nove, demolisl�, instali, ::. �.., •.,,�; . ;,:: ; '4�'''�'���`•��r�;.���;�:� �:�'-�-��.''��':,�`:��.j,= nr change the occugancy. Ne 5ha11 inspect all build�ngs, str�ctures� ' �`;��''�; �`�``"°`'�;;�= �'��•'•t� ;^�'Y'��`-.�� � e�ectricai , gas, mechanical artd �lumbing systems, from �ime � ti , �J1:;.:�,��r,z:,�?�: ~ l��ti��;�'��{a=:t�,;,,..��: o me dt�ring ,:����...�.�s.p���::>��� ;�.�y�i�•:=;...:.,���: and upon tompletiort of the work tor which a perr��t was issued. He shall make ������ ���'`��`��"' ' `''� a rec r of e ry c � ex n o a71 violatians afi the ��o:.�'�'�':�.. .-.°_, t��':..�:�;e �.. `".• o d ve su i- ami ation and inspection and # ' f � v.-`. :. , ,yl�r��..:... r!i ;`,'�. ,�.�����c •k:�::,atj:;i. : :;�,,+-.. .�{+r. C0�@5 ;��;r��l,.����'"�'.�:•��";.��4`:-r ���t,`�:i.;.=",; ; + - "Ft'w;.�'.\�l,i�,%�".�.l4;.=.�i�� �.�.-:t�• r.., . :'`�'''���-�N�'��`'�'`�-'''� `"'�"��=;'`° '! � �2) Manufacturers and Fabricators. i��er� deemed necESSary by the , o . , �:.s�'=�..�, � <,}-:: � •:t2 ��i = �j'°."l��ht � f''�j�` ,�,_. ;�.�,r;,_� _,..t.;:,T;. .�.:� b�ilding a�ficlal he 5�a11 maker or ca�,se to be made� an inspect�an of .< ,4�St.ti.T ;F _.�.2�1Y>, o -,�'Ei< .:.; i't,• � ��i' rA'i•t`y':'��::�::,;����`*q-�;;�?��',,mj:`:�� mater�als ar assembiies at tt�e po�nt of r�anufacture or fabrication. A record . ,�,.x �i?C�i����,Yn .� �.y.,. i �' 'i,. u;=:ei+; , 3.y,,ri;: 'e. ,..F:� i.:��..: =;: ,;r. ;.•,,�i.s�, �:� �::��;��;.... ; st�all be made of every such examinaticn and inspection and of all violations .S`.i n5i:'N n�"}'` ���i;:�i ��;. r�...i.. -.�`.S. L`'y-`:.i;`•.,;i'��%;`:;:��ei^r.�.,-��}�;r;; ��:��';r;�.������ of the cad�s. , .'I��......_�t~..._.�1.��K.�/.._ cl•'ii.i{..in����._� . .�{4'M'w.'Y'YI..�"i'�lr��:l.:�c �� �� d ;:',; (3) Inspection Service. The building afficial may �ake, or cause to he�made� the inspectiat�s reguired by t�is sec�io�. He may accept repor�s of inspectors or recagnized i�sp�ction services pravi�ed that after �nvestiga�ian �f�e is satisfied as tQ their quatificat�ans and reliablZity. !� certificate �`�t� called for by any provision of the cades sha3� nat be based on such repor-ts ''� uniess the sar�e are in writing and certifted hy a resgonsible afficer of s�ch < ;'�'. ' service. `.� . (4)� inspectians Prior To Issuance ot Certificate af Occ�pancy or � Comp�e�ian. The building nfficial sha11 inspect ar cause to be insgected at 'f �..various in�ervals ai'I cans�ructi�n or worlc for which a pErr�it is required, and `j; a�fina] inspection shail be made of every huilding, struct�re, e�ectrical, ' gas, mechanical or plumbing system upan cam�]etion, priar �a the issuance of �� the Cer,tificate of pccr�pancy or Campletion. ,,, . � , (5) Post�ng of Permit. Work requiring a p�rmit s�all not commence until �he p�rmit nolder ar his agent posts the permit card in a conspic�ous place an the premises. 7he permit shalt be protectQd from the weather ar�d lo�ated in such position as to permit �he b�ildzng of�ficial ar repr�esentat7ve to conveniently make the r�quired enfiries ther�on. This permit card sha31 be maintained in such positiun by the permit i�oider until the Certifica�e af Occupancy ar Cam�ietion is issued by �he b�ild�ng o�ficial. Fa3lure to post the permit and relat�d p1an5 shal� be cause fbr reinspec�ion and fe�s ta be paid. (fi) Required Inspec�ions. The permit halder or nis agent s�ail � r�qt�est a�inal inspection upor� cample�ion af the wor�:, and other inspections as required by the permit, in a#imely manRer. The building official upan req��st by th� permit hc�der or his agen� shall make the fa�lowing minimtim i�nspec�tians and.such otl�er inspec�9on5 as may be nece5sary, and sha�l either E�] �; ,•.'`"j': .!�1,%l.�1tz'; %� .j ;,-x:; ..3. :�° �;', ;_, ' ' ,t ' :i ;i i.i�,�r" ���'• S; • '�F"},�,:'.�,.�. .::,'.':'•;,;. � „i.. liA.i�: "{T' ,., '� . . .�.t:r. „s..�s,�� � ' . , � I, t iy: ' , ' t i'. � , `'�t . . . � . 4„ . �.5�4,r . �' ' ' ��t�� - � � 'c. , f, . , ^ '7.� �*•_ � N`•f fiy���i:: �: � {..., i,MrC� ��;Y.,•'�•.�. �.`i�."�; :s �, . .... 'i". �'S'!: r';yL ., "{ ;---•.���, . . ...._r��........,�._.._ __ ---�-- �-- - ,., -. .. ..... , . ... ... a ,. . ... -,��^��----�.,,:�, . • . 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't. � t�9� '.�'-���� w�' � 4 ., . ,y� 1:_:,i, },.� �,,fra:.4�;iiip�r i ��,`.;�'„ ��` .=r�FR F�`�ti-:ECy: : .. . �.� : 1",i;� Fj:- 1.� r-�ry��?� � ��7s �i�.,,: '1e =-�' +�'l�,^ ..{�c•' �1 ° � '.('.�•' s.:�->, .. !:�2.� �," y.: � �3'�'�y;.ips'�t';.� ;t:; .: •`''''`';�' , �&� �U���1Rg• �y��i��r=�~�4rr'wrt��r"�` s '"�- '� ' y��_, :i JF � n � `. + �q;rc�.+ �. 1��. :. �;�,',r .Y.f:1.•�'��.Sr.3F • � `.*,.r �, � � G_ _. ... :�ja ..` o ��.It .. �';•.: �. �`>• '� ' �f��� '� a'��� ��Yi' S y�:. rv 1�..'� jj�'.., � L! ,:i 't'1'_.�i ���.'�. ��{�.�.t. t�: ' ' : iT . : •1 �'�Y���������x1.R ' 1 �,.� ; �� � �,���w�..��:,�,�.;::;��; ,�;�;-T �:��:r�:,� 1. Faur�datian Tnspection; Ta be made after treRCheS are excavated ��+�.. �. � .�.. 'k` and �orms erected. � , :. .. °��:��; 2. l.intel Inspection: Ta be made after al� tie beams or lin�els in blo�k bi�iiding�is in place. x���w�F°;�" • 3. �rame IRSpectians Ta be made after t�e roaf, a11 framir�g, ' � Fi' �:.-:� ���;`�s.�:.:�,;:', f�reblacicing ar�d bracing is in place, ail conc�aling wiring, al� pipes, =i:`�:,;;';: chir�neys, ducts and ver�ts are comp]ete, `:I''A� rS • • ._��:��=;���� 4. Insulatior� Inspection: After al� insulatiRg inaterial is in p1aCe. : Y.+t.. . . . .. 5. Drywall Inspection: Ta be made �fter drywall is installed, hut �efore taping. 5. Final Inspect�on; To be made after the building is completed and ready far octupancy. (h) Roofi. ,;. : .. ''-'=� 1. Deck: To be made after the deck is ciear�, tigh�tly fi�ted� saund, ;�,-;� �� =t and free af debrfs. . �F�: ;�, . �'���:�'. 2. �ry-in Inspection: During the caurse of applying roofir�g paper. i<..� �,.i; .5;,°;;: � , 3.t Roof Covering Inspection: Durtng the course of ins�alling roof `'�.�,� -cave�r3ng material. ,� . 4. Tile Inspection: auring the caurse of zns�alling roof tiles� if app 1 i ed'. - 5. Fin�l: Atter aii warlc is completed on raof. (c) �lectr�cal. 1. UndergroUr�d Inspection: Ta be ma�� after trenches or d��ches are excavated� after corsduit or cable is ins�al�ed, and he�ore any backfill is put irr place. 2. Rough�-In Inspection: To be made after �he roof, framing, fireblocking and bracing is in place and prior �a the insta�lla�ian flf wall or ceiling membranes. . 3. 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' . . �/=e1 ;,"-,;. �' y:,;.: rf » ''i. �ir :�'. ,,'��ii�Aipair1R5n1�i+.+.wifu.rJo...L.:.�...;'J..i`:....... �t.... . . �. . . ...�.rt..:-+i:. ...�.... .i.��� .."1..�. ... .. � .. ... .. .. .....� ....�..«.,..... • _';,', . iy'�; . , „ "� `i' � •.'�i. � . � r � . . �,4�,��� �S�a:�' Y'''.•.'.`r `�a�`.k.+• .! ,` � �� ..':. � ..... 't • 1 1 �-1:' � �.: . � •�. ��� .y�rii:.� '.<'`' ;.!�. . �'ip`���E�"t,�I� .t�'�..�` .�t• � :��;;,`�;,4`?, n'��' ��,�,3; , .. '';`''L•�•i�,,l�•• '��1t",'r��i ''�.5i�n ' � {M ��'T{i{lVM�II�• .�`:' 1�+;Y, ;.4`-,.}i' '�o,.<' . � �, , :Pt�''�T �:':;. 1. llnd rau�d Ins ection: To �e �adE af�.er tr �ch 4� r ;. ' :.,�;' : : �;.� ; _ `. ; ' . • erg p e es ar ditc es a e ;:: - ��'-`� �'�' �''�� ``��'�"' excava�ed, a��er piping is �nstai�ed, an� before backfi�l is �ut in place �1�.:;''' v,•.I��., `�"Y�`:t�� �:.`_ :,.' '`!., �.f� �;�i,��A ; ,'. VM1 • :`',°:��P:�iAP�'`��3h„'tr�''=�� �•'S^.���r-3�',+�; 2. Raugh-In Inspection: To be r�ade after the raaf, framing, ;�,� .��. ;.�.�;_,F;;-,�::: ;. ,.� .,��•> ,. ; . �;;: �,,�,^_.�;;.,, �,;r.,,.}.,�_,,�;.�- fireblock�ng and bracinq is in place and a1l soil, waste arid ve�t pipzng is `:•'T������.<F��; u=� �• ';;�:�::°'��r:�,;:�� complete, and prior to the installation of wail or ceiling mei�branes. ��:'; ;;�:'r.�i:..�? ;':ly�:.±`:j , .. �': z.�,. , . ' ,ti�,�.'u.,�?fsr�.:,.•;�;� �,�;�,:��:,: �t � `azt,:.1.'�"•�,,,•:��%,�,`�,�!','• ";1`44en', . �� wY '. L�; y � � •„�. :_'. .�;..�. � .. � t. �'�;f�` i7131�'s� ,,?� �' ,lif ; v'�t'r, . r::R "�::' S:'r'l..s..hr . !:> ': ,• j, �r�,Lly:.ti;ry.:���';�:�15i�S��Vit�'5`'I a���•� �. ,<<r���`�, � '' �:,. • � n� � � � .; �ti * f, �S. 7� `�± , � � '� �Nr�.�d- �.x:';'':�,"�� .�<?''t. "' ' ;. r��! �Ir}1 �,,2�;r.- -� l�'; '='S #Y., %;," �.�;.�f�;}'.::1'� � '•'�;•'�..�s.� x..•.. x.i; ,, �,«. � � .,i�,^..,ai �'}�i�'%�::`�S':n ��, i tii:,}"�' �f ...,�Y.�..�°l;2ryi�.;y;6.(;i• fir��;,,'.-'N' '. �{�..�'!�� 4 �i�� : � :•1'�� \.. ., 3yi: 'i :� =� '�:�j4,f:'�;ti�i(�'�:��` 1,5�,��1rti'j6ynar:i.� `''r.'.'.,'. t• . }r.: •1.�. . . : ';-,`7.�;�t�ii�l;' t.�,`+. ....�„,}`�,�:.. .,: , � iz Jfc,-, ;y ; ��•',. .f'=',; � :�r E - ,i:' � i-.. i, � ','1�;: '�..ti �. r�. �ti :�,' ; F�','I,ak3�}� ',-: �����y.�'��'a'J�Si��:� � � �'�s..yL��yyY.�:��,i + i vft'1 . ;i.'�3� tt., i! 3. Final Tnspection: To be made after the building is complete, ail p"fumbinr� fixtures are �� place and properly connected, and the struct�re is ready far occu�ancy. ; � �s . �' . . � � ;' � ' 'f' .4���i� .r �' t. ' '`j'�.;,�� . , . `L, ' � ' . . �f.�1' ..� �y�r �i;,�'. _ � �. �• r'' w i' � � ! S. ."� ; �. �, :t.:�..'"',;•,�...`. � . . .. ...�...... .. . � .� r.J.i 1..r.�ei�L�i.� '`ii t' ' ��;: � :�r?�'r.�.'%r�.:.. .,�`�� �. {��! � . t G.�'„�a � , r.4' }.i �,�7��Fr+!�I.•fl�;+�T�� HATE: See Sectian 427 of t�e Standard Plumbing Code �or required tests. (e) Mechanica�. 1. Lfnderground Inspection: To be mad� after trenches ar d�tc3�es are exc�vated� a�Fter underg�•o�nd dutt and fuel piping is instailed� ar�d befare baekfiZl �s put in p�a�e. � '.i� 2. �oug�-In Inspectian: �a be made atter tt�e roof, framing, ;,;: f9xeblac�Cing and bracing are fn Aiace and alI d�c�ing and a�her conceaied ? components are compieie, and prior to t�e insta�lation vf wail or c�i�in� .�:�: .membranes. 0 3. Final Inspection: 7o be r�ade after the bv�lding is completer the mechan�cal system zs ir� ��ace and properly connected, and �he s�ruc�ure �s ready far accupancy. � , f�� ��5. , ' " 1. Underground Piping Inspect�vn: To be made after trenches or ditcf�es are excava�ed, after pi�ing or tanks are instailed� and before backtill• is pu� 7n place. All 3of�ts sha11 be open and piping sha]] be �ncaver�ed a� �east every twenty fee�. i'ank tie do�vn strips shaIl be visible. - 2. Rough-In Inspection: Ta be made after the root, framing; firebi�cking and �racing are in place and all gas and vent piping is cor�plete, and prior to t�e installat�on of wall or ceiling m�mbranes. 3. F�ir�al Inspection: 7o be made af'ter the equipment and vent pipirtg are in place an� praperiy cannected. - 4. Except�ior�s: FfheR one af �he �ol�owing appliances has 6een instal]ed, on�y a fiinal inspection shaTl be required, prov�ded that the instal�er sha11 �ave camp��ed with the require�ents for undergraund piping and the installer shall have furnished a notar7ze�+ 7etter to t�e building official hefore requesting fi�al ��spec�ian. Tf�e letter s�a11 contain the address and perm�t r�umher o� th� job, shall state that the pipir�g and appiiance are fres of leakaget and shall be s�gned by the lice�se fi�ald�r or other aut�orized person. ARy such appliance may be placed iR aperation prior to requesting ...... .. .., .� u u 0 L !''°� - ��.t::,- �"'"':.,� � , \ {�� 1� , � I'�,� :/ ' s � . ��4 ���';i i�?�, ,7 -„" ; "i� % t r�t•; ` �:• �� : i� :.A; �1'� x. ��y�i t'���� ,;l�,4 � � � ;v.y;��y.,r..�:w•;r;.-y.,'�'`;�=� y,; ^.t, � P •�r;:X;!.+', •:5'" �'?R�,k��!�l�kY��'L.'k��t�Y, J�(Aj�:.7� .�_.Y .( ,��,� j�1}R'i�'�{. �y J�ii'ri t1"�'i:'.nw,�•:::. 1'�t�:f���,� r i� fcs�ssfil�`� °:4t�.".:xi''�{1'.!r.'J!:'7'.L'�%;�;f'.t;�. ;'` �� �t rx�x,; . r � e.. y �° :,Y L.i�'� [A,.��y.../o,AY• v s� �y 6t,���.�a�:� �s. . '^.♦ �.r.� ,�fSr C� . .w. ��'�.,1' �'F;' :Y . � t�' . ���'f� . .' �'� r ��t.y.- .� 'a !1S° � < ` . Jr: t:M�: s� � , I ,t 't�� . ' E�,�; � . :'S . , `� , . . .ar s; � tt,: :� , et , � . � � 1�. 5'..;�A.1�:! }� � I i ! 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'� ":i�`t'"' `ij�'':`�=.:"�:,. �• r'��ti;•"�"'>'.rr� `r" '��� ; . f�.4:����r'~ .�.; `_[� '.���� ;;�.�i:ii:�R'.,:t:.' `.�' ".:: {: , . .� � �'�. ; �.�.; ��1 u � tYj�;F';��= ,���.:�;~}'�l``,1�`. . [ ��v�•� L'•.iS','�?:�:'�t"� 'r� f ��I� -,•,°rt�3.::.�.^,,:- �.`•,. : :c: , ���� � "�'�Y}:y''�=1c�.."�'•``. �f°,;`.''1: � �:�.kF'�y7j 5:9;^��'e';;.i:.��S �'��[,' � ri. tC:�;�7 � z, I; �' ;s i}i��>'�f;-,' 'J� X3'ka ;� . %'_ `''°F r: x.. ✓, r F�1; �'� .� � ^.l�. -i f�' �,�'�`; Y:�+��' iM:;:s��j1'.-�,. . ;_�,s��f,�y�t�4;. ..:..:,. :'� { ���f.tj i'��+�f`'�.o.,':'�+•1`,i "iK����j,� fs=.��.3,i,:i_.w s ��c�w:r�x_a. �.�i � tfnal inspectian. Ti�is exception shal� be avai�abl�e for the insta11ation of any one af the tollowing: � a, Water heater; N � c, d, Paal or spa �teater; Mobile home furnace; or dther appiiance as may be appraved by ti�e build'i�q official. 5, i'esting. Testing shaZS be done ir� accordance with Part 4 of �IFPA 54, except �hat` Section 4.1.4 fs amended to read in its entirety: 4.4.4. �est of pi�e for ti�htnesst ' a. �rocedure and precau�ions. Befor� any sys�em of cnnsu�r's gas pi�ing is put in s�rvice, �t shall he car�fully tes*_ed to assure that it is gas tight. 4there any part o� the system is to be enc]osed ar cancealed, tt�is test shall precede t�e work o�F closing in. 7a test for tightness, the piping shal� b� fi�Ze� witfi air ar iner�C gas, but not with any other gas ar liqufd. In na case shal� oxyg�r� ever be used. ' b, Me�t�od a� tes�ing. Low press�re {not in exc�ss af 0.5 psi} gas piping shall withstand a pre5sure of at ieast 1Q psi or 6 ., inch�s of iner�ury far not �ess than 10 minutes without showing any drop in pressure.• Higher pressure gas piping 5hali withstand a preSSUre of at least twice ti�e maximum pressure to wf�ich the . pz��ing �ri•ll he svbjected �n operation, hut not less t�an 10 psi, far rtvt �ess �han 10 minutes w�ltha�t showing any drop in pressure. Pipirtg, regulators, valves and appliances shall not be sub�ected r ,�to �ressures higher ti�aR tf�e�r rated capacity. S', c. iest 9nstrurnen�s, �or pressure tests, pressure sna71 be meas�ered with a rnanometer, siope gauge, or at�er accurate and �ensitive pressure ind-icatfng device, the scale of which is sa graduat�d that variations in pressure may be accurateZy read. A baurdan tuhe type gauge calibrated in a maxim�c� of quarter-pour�d increments shal] be acceptab�e. There shal� be a tag attached to the gauge indicating ihe date� time and pressure app]ied to the system upan completian af the t��t. (g) Poois and Spas. 1. Shell: To be made when excavatian an� s�ruc�vral framework� as agprapriate, are com��ete. 2. ��ck: To be ma�e after eiectrical bonding is complete and poal plumb�ng is installed. 3. F�nal: To be rnade when pool or spa is comple�t� and ready for use. . . �� ._,., , , � . c �. '� • . 1 t . i ' 16 i \ � '. , . � 0 ...�, � •�r'•�+'.4�:�e��lr%.��.,y�t'��,q�� . . ..�..,f... ;�r�„ • , � , �� s . '4. . � . ;;.,.�-I?:..r..:�r,: ---------, t•'n. �;+�.,.�..�. r . . - e��.''�..`S�.i�,�ir^�t..���..�,.-•��'•��±`':•�^4i�°':°'���1Y,�fi'��� . �� s . . '.FY . . . . ._ :�:' • �� " . . .�.. . � � . , . . . ..L.i;' >q`t•'�"px '�` ��`-=��`���; �, �` �'iY ' :i i'� �S:''� •'F ` , ;'" •' pt�� 41k'���,rr �11 �� } 'l�l� �:..i � ��1. 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Wvrfc sha37 r�ot be dar�e on any part of a �„':�;a;�,{�:-�;��1';�'`:�` :�t�; ':-;. buildin strucfiure elec�r�ca� as �echan�cai ar Tumbin s�tem be ortd ,w• �,:. �F: �<• . �'��; :.��-,' 9� < < 9 � � P 9 Y Y ::»^ ,"';; �'��t��.:'�:�:°�-'�>:��.4; ;�-'� '�.� tha poin�t indicated in eac� succ�ssive inspection without f9rst obtaining a '�`�:3�b�=���:`�`�4;,F;,��,si.. ;;;�,`�.��' �^;;., :,� written release fram t e�u ti{,�., F�. ,.�a,�:,�: h ilding official. Sucf� wr�tten release shall be �`�'"'''r"�" ''�'�` '� `'� given only after a� inspectian has been made of each s�ccessive step in the ., t. .'�!'-�`. ~ ',,� 3.�. ,� '; `� ���� ' �•�s �. -__- r=�'� �, ;,• :.. .��,;:: ; �},::�;;;,':�,;�: :;�;f*3�;;•, ,���:.:,^_.�: � COt15�t1^t3Ctian or installation as indicated hy each of the farega7ng ; � .:�. •;� ��- .�3.� .,;: W;; , :�},..,k ,-. :,,,. �..1.;..v �.il'ir• y. 'r.i . .9,.;�:. "a �i�.���{�'ri:`ily ..i�'.4'SS .�', i:�, L..K�J;.l�. �nsp�ctions. l�1: ��1::' • f�.�•' /. i�'�'y.ry.lS'�5�. �.,��",�r�l.�}�•'�:�:�:h..i'��. � "t. �?��s i � :fz•`.',.'�;xs?';` :';�"'�. .Y;�:' ' (S) Reinfarcing 5t�ei And Structural Frames. Reinforcinq steei or ;. � tdhR� � ' �.; �-.,. : t ' r1��..1iI?t4•s ..���'a'i:i 't.S�'r.��=- • �i'`",,�.r,�..�.:.�:;;:•~14-�,,��.��i<•,.. ;:>��:�-.' struct�ral frame work of any part of any buiiding or stru�tnrQ sha� ] not he 'i iSrs� d �� y�t'��••y .�f�4eAe "�;...;�;. `-',.}�w�,��t�•�q�,yeiktill�F���t�:;.::�;�>s:-'�:.. covered or cor�cealed withou� first abtaining a release fram the buiidi�g �� ;�i+( �'' `Z'w�f�`� ;n S�' -;�� ��:a,`g ��. t�.}� ��r � �� :N �� . � ,� ��;.;, �ff � c i a 1. . . e: .. :�i �_ . �_� . ts<u. ... ._.�.',,c•h?�. . . a '�: r '��:_���'�� (9) Plas��r Fire pratectzon. Ir� al1 buildings wnere �laster is used ""'°`��� far fire pratec�ion p�rposes, the perr�it ho]der ar his agen� shall �atify 'the ���``t' bui]ding official after all lathing and backinq is #n place. Plaster snall i:as Sy:. . :�;��r��. not be appl ied unti 1 the release from the bui ]dir�g off�c�al has bee�4 rece�ved. y;. ;.'�'�'.i ; ��'�,�s ,,�>, . 's �:.. '��,t�:.: ,{4' ��i��,. Sec. I38.29. [Reservedl Divisior� 5. Certificates 5ec. 138.30. In Genera�]. (1) Certif�cate af accupancy } .' + , , . ��5;. (aj B�ild�ng Dccupancy. A new hui�d�ng shall no� be occupied ar a" change made in the occupancy, natc�re or use o� a huilding or part nf a ����:: building until af4er tt�e building af'Ficiai has issued a Certificate of , "` OCCU�d(�C,y. Said certif�cate shall not be issued �nti'1 a�7 required :�'�� .�, eiectrical, gas, mecf�anicaT, pl�mbing and fire prfltectiar� sys�ems i�ave been ���'� inspected for compliance with the codes and other applicab�e laws a�d ,�,�,, �',.� ordinattces and released by the bui�ding official. (b) Issu�ng Cert�f�cate Qf �ccuPancy. Upon satisfactory campietion of cons�r�ctian afi a buildi�g or struc��re �r�d instalTation of eiectr�cal, gas� • mechar�ical and plumbing systems �n accorda�ce with the cades, reviewed p�ans and speci�icatians, and afiter ti�e fin�l inspec�ion, the building aff�c�aI shall issue a Certi�icate of Occupar�cy stating the nature of the a�cupartcy permitted, the da�e, and any cond��ions piaced on the occu�ancy, (c) iemporary/Partiai Occupancy. A temporary/par�:ial certificate o�F accupancy may be issued far a portion or porfiians of a buildzng w��ch r�ay safely b� accugied prior to final completian of the building. (d) Ex�sting Bu�7ding �ertificate Of Qccupancy. A Certificate of Occ��ancy far any existing bu�lding may be a�tained by app]yzng to the b�ildina official ar�d suppiying the informa�ion and data necessary to d�termfne compliance with tl�e codes for the occupancy intende�, Where n�cessary, in �he opinian of the building official, twa sets of detailed drawings, or a general insgection. ar b�th, may 6e r�equ�red._.When� upon � examination a�d inspectian it is found that the building conforms to the 17 . i � ■ ;� _'; �t,. . y : � R ;� �� '.+^�,�:r"' .;.�:x-"...;..�:'?-°e� .;- ` ' . , � . � � .. . . 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'.i � , P � . , "r, k j„ 7i.{'��• iK'j,•,•!,., a ; ...�, • : .:j . . , r`'�,�•�' �t =S.l�`d�� Y" . . : � .�: �'� ��. � :� t� � 1' s:..•i� � �.'�': �i �w .�.. � 7': ' � ; 1 V � ;C,iCf�:. ��t.��'�W��'�r �tr';.v{r + "" � ,r , � ' .� � :.:;�w��r'{;:.''f;i.,;,q{+r�c,�_<e�ii�s.�'- .� � . { :;;E'�s� _ i .�y' �Y - ��„4������� -;<; :��,:, -.� provisions af the codes and att�er applicable laws and ordinanc�s f�r SLiCf1 '�� 4j',t r��" ,,, ,::.,,,�°. �, �����. "'°r,�r�� ,.. �` ��°� OCClIpd�C]I a Certificate �f Occupancy shall 6e iss�ed. �;":'`�a��'i"�`� `� j r ��r._`���, �r.; . , � t � 3•i; ��l"J: ,;�: , _•y, ;:1 , � . ���titus�f?`i-� t1�.Yr. � ��l`t,,��:: ...��, �'�.z•�, .. ,,� r.. �� f pl U a i ory ca, ple�9an f `i:'!„��,�'�ti��.��,,.. 2 Certificate o Co� etion. on s t sfact m a a ���':'�;� €r::s•��s � � T..�., ;.,; �,�� r... ,: ";:��:,;, :.,,. build9ng, s�r�ctiur�, electrical, gas+ mec anical nr �lumbing sys�em� a :;;;•:�;;.�5;a;,�;�>s,.�:;:� �.„�c;t ,�„�',' .. � '.' �:� - < 4.r�: js7?`° ��{`.ri;'; _. �,:; Certif�icate of Completion may he {ssued. �'his Certifica�e is proof thet a ;;;iN;1,,Y.;v,�,=,� ��,� :�:;�°�:.�_.-:-`':'��`:_t`..:_�; �`�:. .. structure ar 5ystem is compie�e and for certain types nf permits is released ,_ •':r�����,�;��4���; `� `�`_'" `''�� �� ���� � for use and may be connected to a utility system. This Certificat� does no� ;:� �.G ::;� � �;�;.F:� .`,. ` �;������:,� �:'4`'�;,.;z;;';,:�'�°''•�`'�' ° gran� autharity to occupy or cannect a buiTding, suci� as shell 6ui�ding, prior ' ,�r�y'�:�����,'�.'� � � " �� ��� i : s ��4,� , ' . � � t7'�1� C . �i?:' "•,�l ,:,�:-_f:.�,� �' `,;�':`� to t � issuance af a Certificate of Oct�pancy. �,�'�����,,.� �,.,,�.w{ � � �� �iCf:1 '�:' i��,'., . . ����yy���'�� � �*1 p . .`t'� . _ __.... .. �I:�:1}:--�i f 4 i.i'f,. '�1��'i:'' .. 4� ,.c._; -", �31 ,� � � �� �; •� ��,:�; •. z ,. .. , �. �,t�:; •� ,. . �-: i; :.��«: • ,� ..�: , :�''^'�`.��':. .�, _�a! T } 1 ��:5';:i,.��;.�...,,�ti.. , .,r, , `.},;.'': ;�r,, ��.F %+J'�i.�,j`_� :� `,�: °,iJi��� , �:, �` •'.i%;,'.: �'°;;;,�;;�t`-;.,� ;, ;.,,• !' i •s S,','f A ?`�' : ;' � � '.V;���?;,��.,,, � , ,�„ •',',: ;;::�t.r�. .. . ' ��'!i .,Y:f'�' .'.,�:�'.,�:��:t'I.�15,�' •h 'y'::,,i. -;: 1�;.'y{':y��r4�;`�,i;:i�s '•7 ''t�,•'��IrE4 •. J :ti: ^ �•�9•' : ;-;,;s,;',!;;�,-W.�. x; ;r:;.,�::`.i :� r:,+�; =;.:�� y �s`'�1��`�:.;-::;�s ��:�; :=;��;c:3 � :_:'�,'��;,>�� n i� "fti Y` 'x,' ' iS :.Mt„� � ,;,�, -��y; :'�!,`•: �� �`�'; '�'�:�;�rt'w'.�:;'..';': fi'�� i,ts'. �" f� i•:lc';: �.it C�'.•� � y '�Y� �� �iy21�i$ �,? =i�l4 ' �;'�` •.�' a �.1..:�1%i°: �i'+::�•,i'��: Y-: �i: � .)�,'? ��: L •,�j'�,eF:yS�•�`1 �V,['}, .'FiV,?� '�rxf,i�i.it{':r,tt: �?..%�r,''. f'e'�'�tc:.,.: ,:�..r_�,;=.a �},}Yi'�, a'�: xi`:�' ,;':'•. �}5�`5x ��Y��3(;,, �..�:i,T:�� If s.:•l:�:i.'/�r y�',✓�� r�Si.�r .. {3� Service Utilities. (a} Connection of Servic� lltiliti�s. Ho person shail make connectior�s �� fram a utiiity, source of energy, fuel or pawer to any bui]ding or system wh�ch is regulated by �h� c�des For which a permi� is required, unt�i) released � hy tt�e �ufiding offTCiaZ and d C@i't1fZC3t� 0$ OCCG�1dRC,� ar Cor�pletion �s issued. {b) Te�porary Connection. 7he building o�f�cia� may autharize,�he "• te�t�orary canr��ctiart a� �he bui�di�g or syst�m to the vt�ii�y saur�e of . energy, fuel or power far tf�e purpose of t�sting bu�lding service syst�ms o� for use under a temporary Certificate of Dccupancy. . �c) Auth�rity to Disconne�t Servica ll�ilities. 'The bui�ding official st�all have the aut�ori.ty to a�thorize disconnection of utiiity service to the ' huilding, stru�ture of system reguiated by the cades, in cas� af emerg�ncy • where necessary to eliminate ar i�mediate hazard to life or pro�erty. Ti�e building officia� s�a31 natify the serving uti1ity, and wher�ever possibls the owner and occupant of the building, structure ar service system af the decision to disconn�ct priar to tak�ng suci� actior�. If nat notified priar to disconnecting� the awner or occapant of tf�e building, s�ructure er service system shali be notified in writing, as saan as practical therea�fier. Sec. 138.31. Postfng Flaar Loads. ;� (1} Occupartcy, An existing or new bui3d�ng shall not (oe oce�q ie� for ,�:. any purpase which w�iT cause the fiaors tf�ereof to be loa�ed beyond their saf� tf capac�ty. The buiid�ng af�icial may permit accupancy af a b�iiding fpr • mereantii�, commercial or industrial purposes, by a specific busines�� when he _, is satisfied fihat 5�ch capacity will not �here�y be exceeded. (2} Storage And Factary-Industrial OccuQancies. It s�tajl be the res�onsibility of the owner, agent, praprietor or occupant of Group S and Group � occupancies, or any occupancy wt�ere excessive f3oor loadjng is like]y to occur, to errr�loy a car�pete�t architect or e�g�neer 7n cor�p+�fi�ng the safe laad capacity. A1� such compu�atians 5ha11 be accompanied by an affidavit frem the architect or engineer statin� t}te safe ailawab3� floar load n� each floar in pounds per square f3aor unifarmly dis�ributed. The ca�putatyons and a�ffidavff si�all be f�led as a�ermanen�C record of the buiiding inspections divis-ion. • �_ � • � T . I �I i. 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' . , � . , . . . .�� .:. � - ; e i ,`;�� ' �', l^, ' i �i � i� .S, . „� s : . • . . , . � ��'�)�..e�xL.�:• � ' , • : ' .� ' i:'F; . .`IF � `7 '3�'i. L -� .y.. . a � i � . .. . .. . i. • . .e� ...r...., .�..I.�....�.+�.aeeu.Yw�vew�.�rrY. y�.si:j,l�"���� � ;�' � .�l:�f.'.7. . .J�1�3`/11�R'�%"41i�riain�«.,�.".r.w.in......�-,.........-.i:..af�:- ..-. ,..:Lrs,:...... . .........,....,_., ..w.. _.. . -� , . .. . ... .. .... . ,, �• �.,.;W:%rr � % ;�1 E l�.i� . �, ., �ls:y*z'.t•.� „ 4.��`FCr��:�� I �s�i •r ��• '�'. . � � ;,� . , r S . �i.�.`��Y:,aik`�7.�C 1�'7p � '� �,',` '/1 ,+. 1 �,,t.'.'^ ,. ,[,. `„��'T, ,!�i�}� '��, ��e� ' � ?'�i;.'#r;e".:��`Y,,a,Mf.,��'�,? S.r'�, 1 ;. t` '.i'�:.i'.� _ � . i' .t��'4' S,.•� � S,a� r:'r ._�".':'��•. ; ; � , i :��.>._c..,: , J [�}>: � + �', t. .�. ,'�' � � sr.°�'•'• �; k/�- y t"����;j.'� , � t.� ►S d"�s�, r.i:.. "�' , i� sv �Si': ' � �'��;.k.:v�di?�:s!riF.'��..: _.��1��!'.-5= t.i'�� 3.1•t'4 � '• "'�-t�. ' f.t•�.�K.'.. :� �.'��'i�, t . ... � � . . ;'Z�=. )': }� �.1� '.�..;i �'', . �`.I � �.CS,�. .rY : `.... 4 ',�.:! �.. ":r � F, .: , ' . . ;�,;..,:.{',:'. ;_••....�.�.: ;.. , (3) Signs Required. in every building ar part of a building used for ��r; M�� 4������ ' staraqe� industrial or hazardous pur�oses ti�e safe f]oor �oads, as reviewed ,,:: ,:�.•' �..._: �.• ,,. , .; � „rta ;;.•};�..°:,° .;;',.� ,=:�. .. �.� .. hy tt�e buildi�g official on the Plan, sha11 be marked an plat�s or ap raved ":� .�. '.;�' '' desdgr� whiCh shall be supplied and sec�rely afifixed by the awn�r af t�e ��� _� ,' � , �`�.;. �����'�����'��� ��:�,�,;�'. '" �"� buildi�g in a conspicuous place in each stflriy t� wf�ich they reTate. Such �,_; ''���"'� �a�°4:�,�, '-' ��;.1,`�°:�,� plates shall nat be removed or defaced, and if last, re�noved or deface, s�a�l '< ;, s,j�: :_ ,,. � ,''' °'' be rep 1 ac� by �h� awner of the b� i 1 d� ng , . ���._:=r ; .'.;,, . +;! ���.: . •••'` �'„��,:'r''•':•' •''+'Y�,•.��` (r1 , � � :'_ `:;, ::=-:,�„�,,;� Y :.. - ' Sas. 138.32. Tests: �� � -.• if ., 4€;t�,,�.�. :t"'� .: :. � ' • s?? .;5:'�ti. 5♦ �; y k�.:��.•?. r`.s �: ,L'�q. �s t;? nC ` , ,w: � . - rt_'[�;1•k...'s�". I'�...� � ' .-� �`�:.,: � . ' ,: .�•�`�� ��' .�:•. .:.:�,::'`:.� i'he building nf#icial may re�uire t�sts or test repor�s as �ro4f o� ,�F �.r..ri r..:'::�;;;i,r ,,Y'::;.. i;:, i�� ��'`� �'`� � compi iance. Required �es�s are to be made at the expense af the owner or his ��'. ,.=�z: ;:��; s... ,�,.::. :, :=,.E;.; +�;-;,��:��h�i��'�`•.�'i"�'.:;��:`;�.,,��'; :t' + , , :. `:,,�r x.� �°. �;�w�,�.'�, -a: ..:�: agent, hy an ap�roved te5ting �abQra�ary••ar ❑�her approved agency. ; �ari t k�w ��,'�e . .Y'��T'�' t, l:.i�.t,l� ..��i.',�'S�!,. �:'�:k�a.t::,_.�....", 'YI ,n4.T i.;�ri v.k JZi.: y.., yi;1 Py 'r;�l'�:�;:,�Y.�b��;�::��;'r' ;���;�.:='•.';;};�•F;,�``'� 5�c. 138.33. G�eservedl � :� '4 w af_ �'�;L.";' �x�.��:•.��. i, ;;".;,,•� �-.. ,�' �.S s : ; ,% 1'' `�' �.; � 5::, j; : , . �`� �L� ��� ���'��'��'''� � Q v s o af B d s st�ms : ,,� ��,<<�r.��;J:�a={; ;�`:��',":�;^-��r::�.s::�;�,�, , i i i n 6. Uns e uil ing Qr Sy . f ��: '' . `;)�; �� 3'='tti,:;,;, �',: '„�::y;�::�', j .e . z. '��,. .'4 , ), � ;� '�!, ,?��7',-.•x• s :.�`.�.i...a�:4:,r ; 'r�;�:R�,< "� ::�.'°,:�:",-y� �i � �,�_��;� Sec. 138.34. In General. . :a: ��..:d�\``'�?'�iyiij(W�r;irl:,� `.r}'i'�=:�}��`�lc�.�,i � � �r; ?a�y"<.i:.,, f��k.� � �Y.:,, , r��,;,��,tr.', �,�r � � "� :w'.,�<.:a=''`���,°i:r���``''�4}��'�`'�;:�-``j`;. (1) A11 buildir�gs, structz�rQS, ,eiectrica]� gas� mechanicaT�or�p]umhing ;� ,w;��• << , r �;.,..; .,�: ,s� ::. �;�,; ::z,s . 4 ° + .;�-'°`" �,;i�::�s�* ``-" ;t �>;°.:...,, :. _•-. : ,� ��s`�l;,�r,,,i�j�.<<,���,,iiw�,,:�;f.�y�..:�;�.ew;: sysfiems whic�t are unsa�fe, unsani�ary� or do not prov�de adequate egr�ss, or :J,� u�i rl;s �.y ��,� .� ,.•,,..��� ,��`; wh�ch constitute a�ire hazard, or are otherwise dangerous ta httman 1 ife� ar �� �,�;�; �r•,•�:���k��,T;,;: ���-;�Y;'•_="`•�;: w�ich in relation tc� exist�ng use� constitute a hazard to safety or heal�lr, f�� 3:��;�='�''�;�;-;������;;�'_ ��';,;�.';;'�`�ry ��� are considered unsa�e bui3dings� s�ructures or service systems are hereby ��` '5'��<�����=�>����`�'�=i'����':�T�� '�'� aeclar�d i�lega� and shall be abated hy r�pair and rehabilitation or by , ,,Ss "xi�.'•° is� �2�`t:P��F^R�. 4 t �i..� rn ,:� � } �' '/ F%' � ; •: c ��'���•������°��` 1'�,l����-'�.=�.'��.�" demolition in accordar�ce with �he provisions of� the Standard Uns�fe Buildin� • c� ,�� .�„. �r�' ;: .. � � �. -� `:�;�a`��`':`"`�'''iu`:�''`" `�°�':��".:��`;' Abatement Cade which is incorporated herein by reference with �tte �o7lowing 5�. � � , j�> �•�- +k :� r I rj"f `'��4�:;�, � �n�-'=y3•�': »:;. � K ti. � � t�'�,�";�..;� �:� , �f�;, •�; •:.:.� �: �-:, amendments: , :`s; f .,� �� �'S;...-�C?.`,ii :, r.. � • , ,-,. , rr. n'�! :I,�;b� �.. .o . i�,, ,;.,x� a. l�n�. � ' fl k ��� ,�;� }�•:it,� e '«^'.�t�{S-� Y' ;id, n'y?•,:iaq,�`''�•�r a i� �-�_� �`- `� �•�•-i'��"�'. -. - 5ec� i o I i s art� ded to ead i n t� nt e x �.�-�.�,,��-r�:����.�,� �.�4!:���t,�,_'�' n a5 n r i e ir ty: E,:f, i05. Baard of adjust�r�t and a�peals. The buiiding/fload baard of adjustment an� appea�s Shai� have the authority to pravide for adjus�ments and appeals to the Standard for �Jnsafe Bui�ding Ahatement Cade� a�d s}�a11� have tl�e acstftority to make t�e fina] .interpre#ation of �rovisions of sucf� Code. _ Paragrapf�s 3.1, 3.3, and 4 af Section 302.1.1 are amended �o read: 3.1. If the building or structure is io be repaired ar securad, the notice shall reyuire �hat a11 necessary permits be s�cured and tt�e wark commenced within IO cal�ndar days or in such t9me as detern�ined by the building a�'�ficialt and be compiefied within 2Q calendar days af per�it ar in such time as the �uil�iny official determines. The notice shaIl aisa indica�e the degree to which the repa�rs r��st ca�ply with the provisians of the Standard 8�ilding Cade, in accordance with Sectian 101.4 af t�is Standard Unsafe S�ilding Abat�rtent Cade. 19 ;.: , ,... .. . - -�. �. ,_.-,.-�--� �..., -._ .-__,__------.--, ., .. _-, . , �_ .. .... - . .. �.- .. F � ',►'".las �;�r'I 1 � "'r' ;, i � � :i,• y� � 1 i7 R �;i�} eV� . � ' .����� r:.� . .,� ��� � � =;�j;��� ��,i•i} ' "� j. .�1At� S�Ti{r� ��'; ��i�1r9 �n r; � ��S��r7syy�r +i1 �St }���� r;yr,�� 1,7 �, rFl�±,� y ��y'": j�`;.'�. �y�1'';ti rltr v �' '',�'��{ ��'Ij,,�i + p,,.,�: i' � ,�ii i.�F '•�5.'(V�;�,��'.� ;4�Se�; �',�;t�'.,`��.;�� r :k�''�f'ti�, :�� �;�, �;'1�i 1�g.')' ;'�,t.;; s. .ir � .: `c�,}:� Ry �� ,�f'.4�tipk-s.. i.! 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'�;� '`= �' ��~" 3.3 If the bu�lding .ar structure is to be aemalished the '� �' ��' �; ' �"ty'; ��"�����f;�:���';: � natice shaTl require that the nremise5 be vaca�ed w�thin 30 � :k► �'� ��a�;d x�-'�;f'•;�,����-� calendar days, or sharter time as determined by tl�e bui�d��g ,��� �,�,�� �'; , �t q�'�;.' 2...�:. .'r`�' f.c;ei ,':.4 °t. } .. w, t �. ��•� , i • .r ir:. ,.; ,, ,•�.1; :j , afficial, and t�at al i required permits for demal ition �� secured . t��s�'i ����__ :� c_ s'�L:'r-'��; : � � � �� and that the demalitian be cnmpleted w9t�iR such t�me as --- '���'�� determined reasanab�e by the building afficial, bu� in no longer ������ than 24 caiendar days of permit. ,.,.. � p:S�1 �'�i`��z �='=`x� 4. A statement advising t�at any person having any legal '�f``�`y interest in the praperty may appeal the notice by ti�e 6�ild�ng =�'71 official �o the buildinq/f�aod board of adj�stm4nt and appeals; �,��; that such appeal shail be in writing in the for� specified in :�.;;�;� Section 401 af t�is 5tandard Unsafe Building Abatement Code and ��-�: shall be tiled with the building official w�thin 10 caTendar days �-�;4� _ from the date of the notice; and that•fail�re to ap{�ea1 in the '?��;:°� time speci�ied wi 11 con�tit�te a waiver of al l rights ta an ;' „;.,f��,, administrative hearing. a , �� d Section 303 is amen�ed to read in its en�ir�ty: '� � � '� . 303. 5tandard5 For ComQliance. The following action shall be taken by the building of#'ic�al when ordering the repair, ' vacatian or demolition af an �r�safe building or structure: ' i. T�e b�ilding shall be ardered repaired in accor�ance with ti�e Standard Building Cade ar demoli�hed at the option o� �he owrser. u 2. I-F �f�e buiiding or str�cture poses an �mmed�iate hazard to life or to the safety of the pubtic: . a. The b�ilding or structure shaIl be ordered vacated ,�mmedia�ely; and �� b. The bnilding offic�al shaTl cause the building or s�ructure to he made safe. If �he cost �o repair is more than. fifty (50j perce�t af the va]ue of t�at 6uiTding or str�cture, the building affiicial s�all order the 6�ilding or structure demolis�ed. Sectian 401.1 is amer�ded to read ir� its ent�rety: �' �01.1. R9ght af Appea]--Filing. Any persan entit�ed to service in accordance with the prc�visiaRS af Chapter 3 of t�is Standard Unsafe Building Aba�ement Code may appeai any action af the buildir�g officia� �nder th�s code to the �ui�ding/f]ood board o� a�justmerit and appea'1s. 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Ident��ication of the bu�lding ar s�r�cture concerned hy • ��,r�,; ,,. ,� � :�-' �r� ; '=: �,, . _ � �, , .: ��;. • } 7.:. �' • ,. �;,s�;;����a+;��� Lj;:��' ��_`' St1^@�� address ar legal descriptfon. �;j�.'��,��`�.,�, �^' �'s.'; �.{'....� ' ��' � :~ �b � 'k %• � .., �!-. ' ,f' 'I �5,`�. ` ti;�i�;;�`1#�t,�<�:t5:•��l,-.., '°.� �.,���1`�k;.'��� � i :.li 7 ?rJ".�' ; ); � "i . .': !�•t .' • �p. p,�,. ��r:.f.;`�; �, .���._� .��:,-,`.,�,� �•:. 2. A statement identifying the ]ega3 interes� of each x�,'.�;:�r''�� �; .. �_�,...i .;•.r.�.sis;; .. , ,�� ��,•'„,= i. ��cl ;;',.,'� �;.,3=..�� �,°1e,..�.� °«;,;, ;�.e<-:�:.-�;�. aPPe nt. r��' T.���= � `? �' „�``.�:f� �:i'!`;;i;;i�� � �'• :;� , . ., : ;- � , �"�3���'" �4,Y t,-�,;,',���"s�'f�=t��;=,:��-:.;,;.�,;�5;�'�::.�' 3. A statemer�t identify�ng the specific ord�r or secti�n ��_� `.� r. t. �1...l.-., �� t •.3 C . .� ' . r _ r.' -C .f:^�u+��`en}• e; .���.'.A.r. ,alr�,;:�; �z��{R,..+:.:'����;'s:�=;;='r�':��°. being appealed. � :�'� �. . f - Y�. ���G�`%It^.ii�.c�:}ti¢ --r ����n.•���ei�;S, 3;y,�����` -� � .��I�;���'��''�-°����,:��,F.`�;��-��;�,.� 4. A stat�m�nt detaiTinq the issues on whi�h the ap�eila�t �;� �;, ,_ .i ' ..�= '''y �:.'"" ,. °�� desires tfl be heard �'��� ; , w .e :!: ,..?5�.: .��; .., S:x;r • {S:'b� xi.G !. i.. ���� 5. The legal signature af a� Z appel �ants and their afficial • �� ''� �� - �',' k�� . ����I �F; mai�ing address. , : � � ��, ' s; a 6. An applicatian fee as determined in the fes schedule. . �, ";'� � If appelldnt is success�Ful fee wili be refiunded. .� ��� �a �.` '�� ' • `. :� ' ;; Section 501.4.2 is amended ta read ir� its ent�rety: f. h��,�, :� ,�. `��� ;. � ';° 50l.4.2 Tt�e hearing notice shal l be served �ersanai ly�, ar �' , �,�-�;,�°e; x �,`�: s{� � mai�ed as required by Section 302.i.3 af th�s Standard IJnsafe � y ':'� � Buiidinq Abater�ent Code at �east 10 calendar days prior to the� � ��' '� ��- ;v: ' hearing date. - � ';. `� �� , .�.,; n.. . h�. , e.i� . . . , Sectian 5fl5 is amended to read ir� its entirety: � 505. J�dicial review. T�e decision af the bu7�dingJfiood haard of adjustment and appeals shail �e subj�ct ta sudicial revi�w in the circui� court by common law certiorar9. ' (2j Th058 provisions af t�e Standar� �nsafe Building Abatement Cade nat expressiy arriend�d by �his section shall contin�e in fu�� force and effect. Sec. f.38.35. [Reserved� ' ' rt Div3s�on 7. Sidewaiks _ Sec. 138.36. Sidaeralks reguired for new constructian aad maa�ar aitarntions ar ad�i�{ons, (1} Generally. ia secure� sate�y fram trafific and at�ier� si�xlar dae�gers, �o provide areas which can be ut�lized by pe�estrian traffic, and ta promate the general welfare and safety of t#�e public, all new developments and �tajor alterations to s�ructures within the city that abut a public right-of- way sha11 prav�de a sidewalk ar s�dewaiks cnnstructed on, across �r adjacent thereta as provided in this d�vision. (2) Plan cons�dera�ions. In order to secUre a building p�rmit to erect a str�ct�re on vacant land, remodel an exis�ing structure where s�ch remadeling wi�l exceed hy fifty (50) per cen� �h° dS5BS58� a�a�ation o� th@ praperty, ar add ari additior�al b�iiding flr s�ructure to land w ere �a bui]d�ng 21 , 0 . . 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'� �S -!�; ..r,;�. ��.., :'r' �� ;.. .� ,,��. , .: :,��; � . ;;"i �'. � f �; . . ::, : . . kt� �: N�i. _���•tt2.<':'!k.: ��'���' Ysr-:w :°"' ',� �'-'. � . ��,: :p'1 . ,..� ^t:ie.".,, �f:`..e:'::�5�';Fi�t�','f„,"iY�;j���'� 3.[;��'�rurr� •'�� L.7�•'"'��::E:4s�'•'�..�Y,.' ���„�..,:!�..5`'� 'r;,,:.f.r s�i;:,.. ��-��; ;i�.:.1i;.F�� � i''�'i��'+.F}.i.�:,a;�s�`i.'r�"�; ? :��'.•��jjt`; j3�.f�N� �,r`x'��-.•i:a`i3.E�l��St;'�i.1 �% {. : i�'�' -:�l'`'�.1;`'1};q. � , ��: . �,I��;�y'�°':;sa.tit�..=�d;t�:�;� }:re;l�yr`.;;....� .: 5:' � '�`:�.�x�`E .�`�;I. `Fr`i��:,"�a �i�-'1�:�=� ,�L� Fu'. : i,.� 7 t 1 ��5, . :w�'.Y �f�.�.�t.: i.�' �s _ .. . ... ����-:�.,_..,. >� ���`.`,=`.t.:.. 0 or structur� aZready exisfis and where t}�e valu� of such additionai build�ng or Structur� wi11 exceed !�y fi�ty (50) per cent t�e ass�ssed valuat#on af the property, where a sfd�wa�k daes not exis�� the building plan submitted as part of t}�e securing the building permYt sha11 prov�de far construction af a sidewalk either upon the praperty or where ti�e property is abuttirrg the public rigitt-of-way, or upan ��ch rightwof-way. ihe b�si3ding official, when revyew�ng,•� th�,building plans and spec�fications, sha1T coordinate with the c�ty engineer to in�ure t�a� the plans mpet a11 city sidewal�C canstruction specifications and s�all adequa�ely meet th� a�ignment for desirabie, convenient and safe pedestrian usag�, �nciuding rautes ta exis�ing schoo3s or proposed schools. �3} 5pecifications and cnnstruction. ihe desigrtr materiais, widti� and lacat�on af sidewaiks shail be in accordance with ci�y standards as �stab�ished by the city engineer. � (4} Sche�uie of comp�et�on. Sid�walk canstrnctian sl�all be.�$quired ta he completed at the property owner's �x�e�se before the bui]ding offi�ia� may �ssue a certificate of accup�,ncy for a�y building ar structure fnr wf�tc� side�val[cs are raquired. Flowever, the certif�cate af occup�n�y r�a�r be jssue�� if �he sidewalk canstructtan is fu11y guarantaed by the executio� �rd�del�v�ry . �o the ci�y engineer of a 6ond or certified checic cavering the cost 4f construction. Th� city engineer shall pTace �uch �ond or cextified checfc in escraw wi�h the office of �he city finance director, ar�d shall notify the city clerk in wri�ing of �he action taken. . 5�c. 138.31. Temparary waiver a�F sidewalk requ�remeRt. '• {1) 4�aiver by city manager. lipan appeal by an affec�ed progerty• awner, th� city manager shall have power to grant a temporary waiver af th� ir�staliatior� regu�rement imposed by �h�s section� follawing a hearing and inspection of the property, wnere: � '`' (a) 7he city manager has de�ermined that naturai topographical 4�� Conditzons, existing ditches, tree lacation, �nadequate right-af-way, ar a�her ;� similar pf�ysical conditions pecu7iar to the premisses, exis�, such as wou�d .s.�' pr�vent construction �f the sidewalk; or - (6) The property owner can de�nonstrat� that he would have the anly sidawalk witnin two nundred (200} feet nfi �i5 property on tf�e streets which the praper�y abuts, that �uch sidewa3k would na� form a par�of a ro��e leading �a a� schaal ar public par4c, and t1�at t�e abse�ce of a sidewalk would r�ot create a pedestr�an �azard by reason of tt�e proximity of �he �roperty to mo�or vet�icle �ra�fic. (2} Oec�sio�t: Followi�g the hearing ar�d 3nspectio� a# tt�e praper�y�. the city manager shall render h�s decision in writ�ng, including wri�tert finding5 af fact upon which ti�e decis�on is based, and �#�a�1 serve t�e decision upon the affected property owner by mailing a copy af such find�ny hy certified mail to the address pravided hy �he pro�erty awner. , „ � . � ;----,... .,. . .. .... ..._. ;_ -- , � � � j.. �.. �y�. ,� '. .�.t ..,t: •>' ' �• •, �'�•,`",4.�'�;t"• r�;�4 4t' ��i� ,< ! 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'�. __.. i:.��..'!,'�� r:�^�:��<'k11�'�;}t:a: �.r.�. -,+, ` � �. . , ,� _• - . . . #��a� q,.��j} e �a,�ri�.�tk{r �j� *�' j,d�: ;�', � , �, r � � ��. . � `. . �,+ �}� ��}'�,� �., . �'� `' ',� `,��. . ..��',: .� �j' � ����;. � � ���: ` . i� �� �s`" +� : , 'i;,.. S;'A;� , fStlZ��a�`i1��, 4N',� �.'. %� ('t:p; ':f•� , € �� :' r r�l'.�e+c`•*� ���v ; y � . ' " ��s f�S:• tf..y �i i ,I,;� � , ':. . . , ��:,r�4r rr �" � � , ;���'°;'';��. `5���;��, "''�° -'� . �3) A ea� to cit CDii11111551d11. If the request for a waiver is deni�d, ,;,,�' �y�-,•�7}. �`' ��;.:. PP Y �. �,;..�-�- ���-�� ���'��;'�'� �.}`` •�' ���� the affected property owner may appeal the decision ta the city commissior� by . �'•���,*���Y=�'a rf��'-F�``f�, ''rz.�� `•,��� = fi7ing a notice �f ap�eal with the city cierk with�rt ten �10) days faiiawing ���,•'��f�;�=``�����'���°_=� �;'��: �; , •�� � .� �a..�r��,��1�'� �r. Y:�._� '�t,� ��,;� �;F:;.��� �� �'�,t�� rec��pt o� the decis7on af the city m�nager. ��;;�,��.�°���`� -, �t��� . . : _ . _ ,,��y� ;�;, �;;`'i�^'y',' :;� � .��s'� �`; ` {�4) Decision by city cormnission. �1pan app�ai by �he property ow�er to f���,r1'��:,����;.{'��' �; ,; .tl. ' '���• R � '��S`' � ,�•'��::�.�:':;;:.:�'� s � the city corronissi4n of a decfsion nct ta grant a temparary waiver� the cifiy '` w�:���f�{'���.y' ''� 'r �' '�` '"�' �� �;�t.=.�t:?;:.:�� ''• commissian may grant a temparary ►raiver, with ar witfiout conditions, upan the ��"F� ��� � ' ;3P��;: f�:�'''�����p � .�t' ;;��'°:�` � aff�rmative vnte of fo�r (4j cammiss�nners af�er determining that the �� " : �' .,;•. 5� '�,:�=,s��,��.;::,::;�;'�:;�;Y:°'�,,:.�'�::w:F:;;.�;�;, cot►ditinn5 described in subsection tl) �xist. , '�`��74� s�: ; :u,,y/� ,y�,?.•: � . - . �• � :�.:..;'' R;. .j�J��� � f�,,f �� IF'�� y��T�.`�'414 � .t'i.'_ . .�sf". - '!i'"' ' ' . 1' '.'�''�:L:� �(ti `����>:F•v�-s��y%� j�'•��•r:,`'=J'.��,,�e (5) The grant ot the temparary waivet� rovided far in this sec�ior� • ����•�: ��� �°, .;...,t-j',,:' :t!.��,f%., t.:';:;`�- -�c.. �j ,:.'V,:.,.� ,}�;, �,,,;; . ;i�,j�!,:;;- • ': , il`'�i_l.}\ '.�1,f.. �y.{ lt.;�.liqf��1���� N���1',.f,,, �y}.'1;`5.:,}�{t'.'`,,',..��i;'�i�`.l���j�'^y�. 'i;i� :Y'`�;}�� �..��`i.'`;=.f�lt':i�,�.�:�.`j..`t. �17'.2':f�;:i�, �1'...,y..���Y�y�.�tit�i.�`�` � ,�,,;;:5.: �;y,�.,: ��, �:�. . .� : �, , . , .. '•; ••.ya`t y :h'{�,:�^" ,���i`i�' ���^, �:';'f�:�'��t�..��' r,�.A;.� , �,,.nzf��� "'`. ,� ?M�i,�,�5^�:i•�,, �`«• � • �,,,.,�., y, `;;n`' :�s--. �;°"� At.a':''::,��3i!a,.. ' c. �.o� 's � I' r''•. �.:��:�%•:, 1Y.�4�'i� i °��,��{- ;�5;,�''•�{�; r't{F' �` , ���'� ::;,...`�rt :sl'�;,4.,{ ��'•��'�i�•�rj'� • o; �r:. � �� �. �'. . , ;:, :; .�i . , y. ,i!:,; ;, : � Ll 11^f'�.�� }iY '" !. .L�' �.!•;�. ,f���lJ... '/i•'y':•!J'"L���?Y 1��♦ ��- �.. ' . �,�,� S,'+. Y i� tl��,H. 1� ' A.tii',��i..`���i �� �. ;';4,:��.;, �^(.!5��.�,��j,;;f�'' i.��:?,.r�f..,=•�`Z'�•:. , :��:��,;� ;:.z.�,:<; ��;;�. � . _ � }. c�:,:, •�• ;=r��..��•:��„ '] �} e .},''-i:"'_i" . ti,"tt ".1i R'.l���i.T,. : ,�SaS::�'5 �ky� cri���,.:i. 1 �'._ �.`::.',;'3`�a.M1. •�� i� ,'�:� •„ti >�:. �.. �,.�_�; ' a:,,^5x x•:.:,:' �,�r.} �.; ' +'. •i1'.�;i �;.`�,', `;':1 %��' �41yf31„� "'", .��u�'���3`���.i"ri'✓.�.S,i�'".`:i;'�rn:v,�'��: t '�o'4::i.1* i.� ::..,•'j.`'i,�:rt � :' � 1: �t 4!;}. s�;•�:� w-��.-.��, �:���,°- �.�t�.r�,,.. i. �'°, !�..j � :€,"{.•;';,.`:,::.`t��'. , r j a�. =r7�f Y,. <'�Gy._ t',}1^•l �A, �, i,�['��, J�i �,+; �; -i •'�? s `j:� f y �./ '_'` ,+� �... 3: .. , . ^pjj;�,� ��c:�'.��,; y,� .�ik tti t�i�,r,`i.,..,.�. :�:. �;y, £�- 'ya`.�i�s �! (., ;{��; i' ;i: f;� .�.F�._ yE. :n4�",`�_! ...` i�i.�.'l..�%+=e;if5s � sha1T not be construed or appZied ta deprive t e city of the right ta construct such s�dewaik pursuant �a an aS�essment procedure. � Se�. 138.38. [Rese�wed� �ivisior� 8. Miscellaneaus Provisians .-` � Sac. 138.39. Exceptian to consta] canstructian zone� requit�+�merrts� . flfladpraofing cer�ifica�io�t. . (1} Wi��rin th� landward fifty �50) fes� a�F Zon� 2 and all o�F Zone 3; as such zanes are establist�ed u�der Chapter 39, the CaastaI Canstruction Code, the bui7dir�g official sha7Z have the pawer to grant exceptions far nonresidential structur�s, as sta��ted, within 5ection 3906.4 of the CoastaT " • Constrttct�or� Code. (2} T�e floedproofing stta]1 be a �n7nimum 1 foot above has� flood �� ' elevat�ott and certi�icatian of tt�e f laodproaf ing metttod used m�st be fi led with t�e �ui�d»g afficial prior tn the iss�ance af a certificate o� acc�pancy. Certification sha]1 be by a prafessiona3 engineer or architect. 5sc. 338.40. Minimum floor e]e�at�an. (1) Tlte minimtim fToor eTeva�ion for buildings constructed af�er February 3, 1975, in the ci�y ��a11 be either ane foot a�ave t�te crawr� af the pavement abutting tt�e buiiding site, or in the event of unusua� bu�lding conditions or a major deveta�me�nt, as directed 5y tEte ci�y engineer, ar �y �he Flood Insurance Rate Ma�s. , (2) The bu�Tding offic�al is hereby designated and autharized ta enforce this requ�rement, � Sec. ],38.�1. Restor�tian af ser�3ce �o flooded structures. (1) The fallawing �ade section sha�] a�ply to aIl str�ctures that receive elec�rical service from a licensed pub�ic ut�iity or any other source, in order tc prevent the creation of ur�safe or hazardous cond�tior�s through the continuatian ar res�oratior� af eiectricaT service to a stru�t�e that has •, su5tair�ed flooding or E�igh water intrusion. ' � � � � ,, � . "� � 0 � s _� � t� �'} . ��1, �'1 � �i :_ ;� I' . ! Y+'• { F � � r� ' . �'"" �` ------.-'�.a �--------- i ., . . *M...�x::' ' � :.F'i� � .�•iC..,.�. 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' t�.�' 3 , • ..t.M:,��C.������.� , .':�;� �F.: ,, .j� . . • ; Ld� .i�.;..., :�.i��;:p,�„t• �;y.:4': � ., . . {� �'':� c,i.?.T� +I�.� ('F�+.:�: ;' 1 '�' ''} Z'; ;t��. , �� dR:�_: . ; � ` ;� - t e,��?�i' ��;�"' .,'�� '� `7��, ,'� ' ' � <<�a{:�',:a:r,;±.,'y''�y b'�'''a"'yf�;t � ��:r.�,.r. . ';,.' ' . . ... . , )YN y ,!}.�' � �.•I� � .,•4. ` .�,. , . .! 'At',(�F�[.��,:�l:`�s��Tt`kl��. ���<i ' *( Y.r'R �•�:.5, e'�� S�r��' �: ��r4.�.'ls'�yY. ,���' '_••�L.1JS1.liJG.L��%$�����Y.=jIrM��. . ,.1:. �.. �C'. r i f • . .. . ,,l•�_i�;y.iy. �i'tS. h} %�:« ,• .� '��� !a' ' . I' ' �� . � '` ry'�I:+ �j«��.!C'��Fi' :� �F�,'*- ` i� e��. : .;f' : . , . p:+'.��'��w%�'� R,�� n �',,,•;,-,. ...' :t " r::t� �r ii .µht�=`'`eafi��s' �� y, [•�.i• � <y• . . �. .�! ix�:a-�i��'r'if'�;�. �:, ��7r� '�� ; �.'r' . '. . ' ' �v.i�.f7:'� ry , . �`+� ��R�•�,��� •��• �-� {2) Any structure lacated within the boundaries a�f th� city that has o:,�.�;� �:�;r �� '�-. � ,�t�',t;'1,' �' � ' �'' � � ��, ��, �� :,�;:,`.T::.;��. ":.�';..'�`:,`-.:'�'�,`�-',. � ' t; sustained water intrusion with the result that such water �ntrusion has ��'��Mj- '�: � . 1 :. 1 A + . . Y! �. .�S . . . . ' f�'<" f 3� F� .--.�R " �F .• ; :'.• , , � ': �� + � ";:::'=,?;:3,�;��.�:::�';-., .: :` �=_ �;�� covered electr�cal appiiances, outlets, connections and simiiar devices s�all �'����'� �. ., � 5 ,� , x..y� • r� � , . -i1��.:xN'i"��'��^i�Fl .f.-:t.� :`:1'�' . S �'� ;, 'l ,u.;.,_ ..;±� "=,;. , ��� � nave �ne power serv�ce ta suct� sicructur� terminated. 5uch power snall n�� be ���. �;�,�. '��.,. �� '`�%;t;;: ����,� -hl.:;: � ,�r';`� - resupplied to the structure unti7 suctt tfmP as the eZectrica� system within ;��� 3�.��, ���'.�r�'` t,N�` :A..'s;� ��t'�:=x;�;��'.�,":',�-., ,.::: ,;;':��` � the structvre is c�rtified as being safe far aperat�on ana use, :, ��n���;i�� �' �i �!,•����"•::�.� �:;�_ ;�, .• ��..�-F.� �t+ s . . ' �f e.'. 5..,' °:s . .� r'�; ..+', .' '' ' ;Fi^tiSS^r 4w i4 3 y.; _ : :'i•;.�:.' -'�.ii::�I"'.'�:.� ,'..,»�' ��� 9 ' `;,;�t�.'�';`.;i`:'::.wr �..�,� �' � .., � (3) The certzficatifl� sl�al � �e by a 1 ic�nse� electrical contractor, �,��;.��y`;�; ��,���•ir��;�•SS" r,�..f*'��:.::;; }�;: � wha shall provide a r�part to the �uilding official. ,;,,. � �{,1��"' ;f] �-�•�Es�r�;:=� :��:�:°��,:,,:;.,�,�. y�� _�.t .�,�" �� AJ� ._, .:i v.i �'.i. ".5.�..' r� 1 n'M Y�,�j+ i �'.�'i��.rti' :i, �',�.^�:i�:�l`"' :�:.'.�r �R. �f� �,�.i�-r ' � • � �r: �'::L�:�; :==.:�h�: :�:r � ' �'� � � � � (4) The awner of the structure, tt�e owner' s agent � or terta�t s�tal l �' �• �� s ' ^� 4S � � •%•� 4 ''��,;`.:s°�f+3•���:t?.�:.�;�:f��i •,I�1 •�,': "�';;::;�~-`;�.i eri a e the services of a ice se e ect a1 o act t • �';�c.{�. _,,�� +', .,,,�;n:.4:,�, ,,�;,�; r_ :�.,�.; . 9� 1 � d 1 ric c ntr or ta i�spect he �r.�.�'�_.. ���, :e,-�:1�i;'i�=FJri�'-�f��`:�,: �.�il�.'.,�...t. ; i i.Y'll� S � ::�,,:;,�,t.s;,:, �,�:..,;. .�,� �1,::;.,,�;,,�•z.-, electrical autlets, cannections, aQ�iiances and system of the s�tructure ta r #� ;, � ;-. �. ��,-,:����; . .; t' t°;; . determi �hat s ��`�t� � ._;�;;{t:• •_- t;';.;,���,.;�;�;� _�.�.:,:� ;,,, ne the ystem, its TR1�1rOV@!I!@l1�5, and appTiances are in proper ,At;,..,�.�� �, �;� � ����j��=?;�;��'.�".��;j; ;w�Y:�" .:.�':`���'�.�;;:`:, operat�ng condition and sa�e ta receive eiectricity. Suc� certification shall . '�����;, 'a��"� _,. t: :;: � �,.. " :, •' �� - .,�„�:. . � �•; ,��,:,:. ,. � � t,� :,. ,�.:'��,;;;;',,;�k ,���f�,.,::, ;�'�:;�. ." �;��s.,;:;,�._ be in wri�ing and executed hy the inspecting electr�cai cantrac�ar_ ':�. '���, .. �� r=�.':�:'ti:�;r'' .;t..i; v.;wt' � r' ..'•;.'.°'��� : � ' +y1;g,yC�Y f;G �' h ;y ': � ��:r� • I � ...�:'. �'; 7'7 "i* � 1�. ?,,, : � r � , V� ' ? o,:a ,.. t'..:' � ; r � . �,"�'„a=,g',r,��;',�<<;-��;�;;;a '��' � �`:` , (a) U�on rece�pt and verifica�ion of �he certificate, the bu� ]din. ��•�`tq`��V ' ,�, } � 'k• ..< L-.?�!' �.1�:.1 T AJf �'/�'lY.�� � 'lf' f4. =i � . 1±. �.:�.. A \ • `; �. -. 4�+5 i' .�. �' ir,:.,4•f .::-�r��.,•�,: �ii_�;.�-.>�,.,, afficial shall notify'th� p�6�ic u�ility ti�at th� structure itas bee� cer�ifred �,;��;��� �� =,, �:� ; �,^��F."'fti:.Y:}.'; .{ :5� aj.: f .. � � T ,� ' �. . :_�``;.r..r;;: f' ;r..:�..�= r;��,.�;H`°: �''�;��;;�� as safe to receive e]ectriGity. � • „�.��� ;s-_.� �-,.�..r. t���,i;i.�a�:�e•�i'..�1 �','�i�.i:�,:_x..`..;�i''. z: • � .li t, `r .. �i'Ff�"';.r.F17�'t�}�..�1�i%���'.�.��,,:c�°,�s..r'.. S .�4��� � � ;,��.;.,;,-�,.'�.;;;;�'3�'�'�; ,µ�,�7;,��;�f��.:�:;,�':;:°;: Sec. 138.4�. Ider�tificatian �nd lettering of tr�cks and �8hic�es. ..,�`��s-r�`� �, �, �,' =•:;=� �;=��:���•>��� r,., : ;�:��;i.:,�, , �ti ��,. , � � � ,'.:ii r- ✓ .F i i.'j �. 4� gr 2 .. � �.:�`?t°: .'�i'.�.:'��?Jff�z..:•�,+,r:.`..�_.�.....1':.�� .kflbFF.'��`� 'J.' _ «!�i._ 0 �' `,'�a S'��.1': 'y, � . �� �.'F'`sr.ki. ',S'.i.,�. ,j<� � M1.',^ e;" Kr'•�; !� ��., , 'x.• `;�t� : �.,1.1; �.f1 ��1}i��� �s,.�� ''. It shai] he.un]awful to operate, park� stand or use u�an any public stree�t any �r�ck or other vehicle used �For cammercial purposes, ta transport workmen, �aals, equipment ar ma�er�ais for contrac�ing or subcontracting work, �nless the vehicle is designated by 1�ttering of three �3j inches minimum size on both s�des of the vehicle, indicating the r�ame and address of the , corparation, firm or person operati�g the samA. 5ec. 138.43. Thresftold buildings. Any buiiding ciassified as a"tl�resho�� bui��ing" under the pravisions af sectian 553.79, Flor�da Statz�tes (herein, the "s�atut�"), shall, with regard to the iss�ance af bui�ding permits, special inspectians during construction, an;l the i5suance of certiticates af accupancy �e subject to the fallow�ng proceaure: (1) The owner of any prapased 6uild�ng c]assif�ed as a"threshold hui�d�ng" sha1� Qng�ye a special �ns�ector �a conduct all insp�ctians required by the statute. �2) Prior ta th� issuance o�F a�uilding perm�t, t�e speciai inspec�or shall perfarm strac�ura] inspectians pursuant to a structural ir�s�ett�an pian prepared by ihe engineer ar architect of record, ar�d $hall insgect sharin� and resharinq for conforniance with the shoring and reshor7ng p3ans su��n�tted to th� city, and shall f�rn�sh tQ the h�i�ding inspections div�sian an af�idavit attestinq that s�ch inspecfiions have been satisfactori7y cam leted. ��e af�fidavit shali incZude the name ar�d state cer��fication num�er a� the special ins�ect�r. ,:.� . i� , � {3} Thraughout the course af canstruc�ion the s�eciai inspector st�ail !.`► ,_ . .-,- " .... . .. . . ��.. r ,� �i; � � �� � �� �;i,. : ��. �`, y{; r �t4 ? i � �`f�, �� r•�., . �: }�,� 7 x�: . . �Yi' C•' 1 ;x ; �:, a, ��,�r i'�1� f� ;: � ; •. 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' y .n r.:7�': �°"t�i;�:1.' ,. . . . � ` � 3:.: ' � ' 1 1 ! t. ) � i • i�il };... .�".'�4' � � . .. � . � ' � f . 3' .,,t':l.,i:��r� ,,_ti,���+; ' � , . , � a 1.� ��.�A'��.^�� i'tP'.4*' o- f : ' � �`'i 1 i� . , . , . ,��. f., J � "4 . . � � � � , . . , 1:. :�t:��' ;.''f ht' =t� �, .: , � . - �r '�}1.:�.�'iii�;j, `�' ''(`', :t� , , ' � , � . �r.:�• a:���li;,;•�.' '..��'{ �. . ,�. ' . . . . ' �1,1�1ii ,�f. i,• ' . ' �+1♦_� ,-iu,F;.,,, ' ' ' ' � • �7 .' ;i. .; r. . , . :YYi.ii..w.aiw.r..::3Z.1.5i�.'L T...°.t.a •...,._.....�...o .. ... . . . . ... .. ...s.... ,. .„.._ �.,.. , � , .�. . ,._ . o . .. . � , , . . . .... . . .. .k, ., . c .., .s ,. ir.a�s•.wow�<c�.rii.� �•� '� ; 7t'�t'�''�i:f ' • t � �, ' � ��.'..,;': �'x � , ;° t;.,,'.,�' . . . ; �_'^.',1�4,�,�, �_t�` �tf�' . .i4,�"�•,�trt:..r�,��' �.i��,�s�:•.•'.��", �1`" l.. . . �... . . . .. +"; it. «r .� .......�,.j.� .) "�;��;C.i�;t1�a�M1'.i��l:..�'s'� ..,'.' � '� . . �i� ; :� ,,�:''.�.L.er`=i� ,���.2.�,��` �, ...3:;�::,;�.-:;�?.`•.,,�r::;' ��.r;�•;.�`'�;�r . submit to fihe �u�lding inspections division a week]y report l�sting all � �::•, r�., � �� -�•.> r : : :•'..: . � `{��,,..�.f;af•��;,,;-13:�:� .:,;'�:�t�'...�.i. struct�ral e�ements put in place d�r�ng the previaus we�k for whicl� inspectian �''�`'�� :�'�'�'�'��"'`� '��� �'�" is required under the sta�ute, The repart sha1T State �hat �he �Tacement of . �'l, `��4±[_ i .:.. ..; �.• ''`���`°•��"��'`"`��_;'�`?�' �`�s��'� ��'"���' all such structural elemen�s was abserved by the s ecial i�s�ectar a�d fau�d '-�c'";,c!' =' •: f.`;i,.:J::;,,'' :,f,.•:.�':.�,;.,. p W�9i� • ^h '�'� �o comply with plans and cQdes. ihe report shai i bear the sTgna��re af the 5�����y,''':. �:�,::.��," :.....�,. '�: i�• 'if'r "�-'���5' � t.��iC'�;�:�.i� •a':,�.��-;r�;;;:�w�a���, �'� _ �' special inspector and shali be due na� ]a�er ti�an Wednesday folla�ring the week .: . �i, f� y;. �,�. a�.wj�{4��;;F,,�:'°��`i,`;fr,'_+��. f;''�, �,,.',?'i`r,� cavered 6y the report. A failure t� file the r�eekly repart by 4:Oa p.m. on �-��'3�SSJ�S etii.,;�t�,"�-°J;� A�4�:��.�,'E.`�",•v4'1 ♦ ,�,��, �{, 4;,�,;,, ,,. .a.:.t,:,f, -..�1; Friday fol lawing the weelc covered by the repart shal l be corosidered due cause � �•;`;';.z�,;:��%�,�.�:;,'�;�,<����� :;5;,;:1:,�`�:,:;?;. for the building officia] �o order construc��on stopped unt�'� aii necessary �'����,�r�,�'�'x. _�, ;�;� ;._:' :.,.? _. r;: �.� reports have 6een f i] ed. i#' ?��;� `t`�`� `< ... Ex ��; . ... ,t'; . u�.,.;s: .^ �:;�. ,F, i"a,�, .;.ce ,� 7�'���'�'. " :., �, '��,'�;�;<: �;. , • . Tv,• 7.�.,; � �;"r r-i� afy �' ;�'=t.+L�: `�r' �;h � � a;�%: �;Y... ,: F ^��si.. ,[,''Ef.i: � {�} llpon campletion af construct�ion of �he threshold b�ilding� and prior to the i551I@ of a certificate of accupancy, the speciai ir�spector a�d the contractcr shall f�le with the bui]ding a��Ficial affidavits atte5ting tj�at a11 rE�uirenfet��� of tt�e statute have heen campiied with. - Se�. 13€3.44. [Reserved� . Division 9. BuiidingJ�]ao� 9oar� o� Adjustment and Appeais .• • 5ec. 138.45. �n Gariaral. � �� . � , (lj BQard created; memt�ersh�p; appaint�nt. Shere is hereby� established the 8uilding/F3aod Baard of Adjustment and Appeals� which shall consis� af five members. The m�mhers o# tite b�ard shall b� appa�nted by thQ City Manager. . {2) Qualy��catians; can�licts af interest. �; Members of the hoard shall be persons with knowiedge and experience in �' the codes� sucf� as design professianals, cantractors or h�i�d�ng irtdustry �:�; repres�ntatives. A board me�nber shall not act in a case in which the member ���� has a personal or f�nancial int�rest. �, (3) Terins. The term of office of a board member shall be four years. `� Vacancies shall be fi7�ed far an unexpire� t�rm by appointment by the c�ty :� ma�ager. Cantin�ed a4s�nce of any m�mber fram required meetings of-the board �; s�ail, at t�e d�scretion of the City Manager, render any s�ch �rember sr�bject U to removal from affice. (4) Quarum and Vofiing. A simple majority af the boaxd shaI] cnns�itute a guarum. In varying any provision af these codes, the affirmative vote of the majar�ty present, b�t r�at less than three a�firmative votes shali �e required. In modif.ying a decision of the b�iiding afficial, not less than faur affirmative votes� 6ut not less than a majarity of the b4�rd, si�a]Z be required. (5j Secre�ary nf 8aard. The ��i�ding of�ic3a1 shaZl act as Secretary Qf the baard and shali' make a detai7ed record a�F all of i�s proceed�ngs, whfch shail set far�� t�e rcasons for its decistn�, the vote of eac� ��m�er, ti�e abser�ce of a memher and any fai lure or a�ember to vote. �• --. , •• � ,S' , , � z5 0 .. . . , . . .. , ... . . .. . . ..._ _. .. . . . . .. . ��.w \ ; :,�1' [ �' � � � .�.ri,YS-A�.'�:� "y.•1:�lE�s��R'9` k5'.j' �� . �'�:.o.^.�,•�ti�[^ '�.��tt �,.�;,, ',[ 1��'•�l�R��•��� ii1Y��`�I'{�'. �'. .j � ;.} �-i" � �•��'.tD."�-� i t : ��t:. .'�V ,^sr � �e�i� `= M'� . ; 5 * -s c� �3sJ ��,ti', , . ' �rf .�f�'�`�.' '��'f, . i' , 6 .r'�t.'r�-'t,n ' �4i', �. t,�5sr�;,�lj e . ' r� .�1�.r��',�i;�iS '' �e � r � s •4�F�.t' ��.i«°,�':},t1'. . . �} � Flf�j.� e:��r . � .� � • � :�r. i . � ' �, ,:�. � e�'-'e, . . . ' ° r ' ' . ."+'rj^,,' . . �x`��.' 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R'•;'�c.ts+�i Sit��4���..�,7 .i �•�xs �� +����r?� ���, ,\�.�F'S�r'; ��:',,�w-_.�`"..:;�:.� ,'- . i .t`{J,�..�++�'�i'•,'•�i`Hi�r,'tl�. "�f,�r r.1t�, . •'•,��'.ic'`5��;,,�;;i�i_�ti,�ti,ii��' -•F��.'. �� �.{ ��';';�f�',1ifl��cigy�r7.,��.�A'�. , �'��, :: , • ' � i r -yk yY"�,N 4 � iC s .ti �a�::;'.��;;�'ar.:�.;... :,���;`',�� �' (�} Anwers. The board shal l ftave the power to hear appeals from ��;;;, ��s'�'.:�:� �'"� o..,� r. . . :,.� � �,. �: ,• , ' =��r;,�r';���',�.�`;; ����� �-;��� ,�: ;;,�:j �L'C�SiQi15 and interpretations of the hui]ding off�cial, ar�d ta grant var�anc�s ��.,_�'�������t��° "�`s 's`: �.� ��� �'� ��� `'���� '-' �'�'"�'"��'° �°' fram tt�e rov�sions of t��s� cades and from the rovisior�s of the flaad ':�.;��` y��� `'f �E .�;;+s��, . ::�.:,:-�..�,,,.,. � A R ���� _;���"n ;,.��.'.'f����' �;t�'�d�;, � C ��: ,•s,-*.'iv�°,r',';f.-•� E. ,,,:, � r.,�;�; r-: ;;t ;'� ; '.-6-�: � pr te tinrt nrdinance of tne city. The bnard . shal Z have �he �owsr ta hear �,�:��; �,;;.� �-� �' ��i� �i���'z:w��'�``'�`� �r��:' �-�� appeals fram dec�siar�s of the buiidin afficial relatin ta unsafe buildin s, �:������" �` �� " ; � ;�hY : �, ,`, '.�;,.,, : s; :';.;' g g g �,�,� r;� *� :,. �.� d ��;�r; ' ,; . . ;� ��Pt�a�;;� ��.Y= ;.t-��.' �� ;��� s�ruc�ures an� service syst�ms but the procedures far such appeals shai� be ���•�r � r� ,, ��,f,+rr ':�� . ,.,a,. � ; �,� r r �. t �! 'h�'1°�;.�f„ l , �S"i:�.�:� �_: :,�-.� .�-���:��,1��;; {;� .,,; i.£,,.._;; a s p r o v i d e d i n t h e S t a n d a r d t l n s a f e B u i l d i n g A 6 a t e m� r � t C o d e a s a m e n d e d b y . ��.,# �,��c; » :�:�?"-, ;: � �'-�.-� : Divisiar� 3 of this art�cle '� � ; =s ; f '::i,.'.- ;.;; ' ' � . ,. � . b", ;��.�.:�:.;}..„;F:; +, ''c�:i�."; .,. � �'f; �;'� ] •.,. � s r, + � r: :!� T. • � � � a , �I f:.� s.,A � ih.�,z��.�., ..�"''`' ;� '�' .. •°q:a.. ;�;����• y',' <" � �"�� % Y�ili�`,��i'I.+,SJ:�E�j�! ::Y:7�'` `� •� . � '�� '� ;��:��`:r�```�h�::F� ��; �, . ' -. .� °� . �r� APPeai s ar�d variances. J'� �,�: ; ►. .. .� . 'a� .� .+rf, r►s.Y :�,�;�;:,v (a) Decisian of �he building af�'icial. The awner af a building, �P;.;,=:� structure ar service system, or his duly a�thor�zed ager�t� may appeal a `��°�� decision af fihe �uildin afficial ta the board whenever an one af the }'�� `��� �ol lowing conditiar�s are claimed ta exist: y - �. .. � � � d �;:E?';� 1. Tt�e building afficia1 re3ected or refused to approve th�'mode ar k�:•;;�, manner af canstruction propo5ed to be follo�red ar materi�ls to 6e �sed iR the `���"'� installatian or alteration of a buildinq� structure ar service system. , j�; � ; h� . b'�� + • .)�;��: +.f. I N�r; ,} 2. The pravisions af the codes do not apply to this spec��ic •�ase. � 3. That an equally good or mare desirabie form o� installa�ion ca be employed in any specific case. • `°�`'°'���''��' 4. • The true intent and meanir�g of the codes or ar�y of the reguiation .. ... .. �. ;'������-�� thereunder, have been misconstrued ar inc�rrectty irtterpre�ed. • (b) Variances. The baard� when so appealed fia a�d after a hearir�g, may vary the applica�ion of any provision af these codes to any particuIar case when, in its flpinion, the enfarce�ner�t thereaf wou?d da �nan�fest �njustice and wo�ld he cantrary to the spirit and purpose of the codes ar pubiic interest, and also finds all of the fallowing: • 1. That special conditions and circumstances exist which are peculiar to the b�i1ding, struct�re or service system involved and whic� are not a��7zcable to others. . . 2. That the special conditions and circumstances do no result from tf�e action or inaction of the app�ican�. 3. That granting �he var�ance request�d will not confer on the applicant any special privilege that is denied by these codes ta other b�ildings, structures ar service system. � • 4. That the variance grant$d is the min�mum var�iance that will make possible the reasanable use of the huilding� structur� or serv�ce system. � 5. Tha� the grant of the variaRC� wiil be in harmony with the gcneral in�tent and purpase o�F.these codes and wiIi nofi be detrimentaT to the Pub�iG health� safety and general welfare. �� ._ • . �. �.,. .. . . ... � z6 ! � - �3li';� °.� le�sFt ;: j€�.x� � i'S �` �� 'il��Yiif`el'��..s.�?�.� ��t� �. . :; � � .� , .� k� �� ;� , k� . . +S`e � 1 ��.-.f-.L - __ _ _.` 1 A"'����� ��f� . �-�: Y' �y"�,'@�4.�•!�{se ,""�: � . �.1�. . 1 "�.�• .�.4"�` Ci .,...iN� , • 3 ..�A+'rl" +i�!Yh;',�i!5.'A. ,.��d..p� .�7.. ..! " .� • ^.�. .. . . ' . ` .'�� �. •. �.. ' � ' � ... . � , M ... . . , ' . 't , �,��' : �' ;,°: ;:�;`h�;f.l,r��.;rr'=`r ' . ,'.4 �-5, :�� . , , ;' _,�;K ia�n:, ;;�' `�.t!"' ��� �' ':•a� �.�,� � �y#..a�,,,�' .''+.'Ya n�i; ��'A:. ; ''� � `°3' !. . ' � ' rv' .. . . 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' � , . . �'���i�•i'te"yre�l�� , � �.: % � 1� �f: '�:� = Y �. �','; ' =:.i' . 1 } . �';.��,i`;t�i�.,'7`r;.".?;,yi;;'},� }�y.. ,';, 'Y'•_��Y4� � . . �. t�y. `.2 YS3'���5�31![��r}'�d���'���v . : ,�I �'.,. �,`����� ��b''.i� � . � �' •ti rj�,�.o�..`sw4v;'}.~�y�,3�t1,T1��1�,.'�" � � !f' �� � ��.��,3 'j�': � i. , . �e • , ' �_ . 1 , , . r., i �j t „t.. vr• '•.3 � �..j: t . .�.1Ci���.�?.��ti if..-'krii�.�.,.. ,• ��': ...`�' � ,�' ��, _ �,.�y:'i^%,}��w:�;•.�^� �.r1� . �4.::r•��_(•,,:��....'i, �.,� •:�. . . � . �.�ri��.� ,Yyt�'��d^:�„h*:������v� k^� a'.. �` '�'.: !r yY.��.� �:,; + •. ,'� ' } � � - � . F � � 4��� ;�,t�i,�� .y: �.ti� r ,'i. i , r" ''z.' �^ + i ' , ( , ¢ � � n"y� ^�"" J.� �y t� � '� r' . V.' �+' Ir�.t.�t�^�;i. Y��.'.� ! w '�s`� ', � ts{`� <<..'• ' " ,. k�,"'�:,�*I�.: ,�. � i ��•�f�'��' �,��' ��s�•����". ��' a ar�a ce t e baard r�a ��;�``,, �ni"��', t���`^'�. �,,.�.,'�,..-�:'.; ::':".';: ��,, ��. ��} Variance conditians. In granting v r� � h Y .¢:,�r;'�"+�, ;�, t��, �k<�';�.;�°��:,,;;`,�':��� _'� ����:���:�•�' rescribe a reasana�7e timN w�thia w�ich the actinn far which the variance is ,,,��.o����;��:3.�..�`�� ::"�°1�;4f� . �� � '�':, required sha1� be commenced camp�eted, or both. If n tima i ��'�`�Yr•'"�,� � :• ;:t", �. �:,�.';,`� � o s specified, the "€��°� � �.�... �' ,'� - ^'�`; �-"t''=,:�``.'-':�` time 1�mit to commence s�ali be 6 manths. ihe board may prsscrihe apprapriate � '°^3',�.:��.��rts�=i { :ti�� �r���'��.::.� i`,;.:r •. �.i., � �.. � � � w �`'�f, _' '���n: :f:�;;*5�,�.' ':��:�`i:�;;��`� :=�, co�di�ios�5 and safeguards �ri cnn#ormity with the �o�e3. A vioiation af a `r.�;t; �,_ '�`��t��� r� ., ��:"� i?;;��:ti: �;: `�,:;,',�', _,:`.,`.;;:: . cor�dit�on of a variance shal l be deemed �n ordir�ance vrola�ion. .�;l:.=r�� �rµ�,t� ,�'�� ` z� yir�.�ti.:���.;x� r1Y�'�a�_ i�?y���`sw�.�:.::'(:�.� '���''`� �, ' ,r �-. �.:,;; �. ;. Y - . , .<«�t ,; ,� . r�1,..?` i; .,..��i•, t:;;•,- .�^`:.�;."' , . �'' ��;:"�:y�,c�,:,i�=,��A,! ;r,�t;�t�7�::,��: (d) Noti f p� ; q a . ot�ce of a eai ;t,rx-. ��� . ces o a ea� re ussts f r variances A n pp s� �t;� �. `: �=���;.;�:��'*�,`�'��;.. '•`��`°:�'':: ;��; sha]1 be in wr�ting and filed na� s,ore than 30 ca�e�dar days after tt�e .;���'�`�.� �" .��� �• ik.��t, '' � 2,.°•.; � � , � �. ,..-�.p:�,i�"�::�.,.,r.�°������'x�:�..>:1 ;;T.� decision is rend�red and served by the 6uilding official ar r�at r�are ttran 10 • .'��K-�}:��E��f.. ,S I� . 1� � `:;r, � u �n . � '`��"'t;�� � �,�''��'.�� �' � �, i � ����� Z�', = , . •.f, ri: (; ,�. ;4�:t1�' = I,�; �;,' .;��:�-' � s�'t'.',:-?r !� t. ,..t�� :�-� "'� : :}.:..: : sl e �`'{` F. ' ��'�.� �•t;':��;,;�z :�e.'l'!i5� .':, I�: ":.},:�j� 'w 1 != •?J,•'. �i' ia r �.�.Y �.Y1 `� �l<''-:�% 1' ,�;va I,,,�Y:: Y. � n^it. 4':`; �.� �� : s;:u�?";,.� .,�.;,>.��;�:'rV±.:;•: i,=' :� `ti��'<' a}��::v tE�,:i4';�t._•�� , ,,_ .,� :; f�: ry.<<, calendar days in the case of an unsafe building, structure, or service sysfem. Appeals a�d varianc� requests st�all bs on a form suppiied by the bui�dzng � official. A fee as set farth in the fee schedule shaI] accotnpany eac� n�tice af appea1 and reqti�st for a variance. � (e) Na�tice to pro�erty awners. �xcept in cases of uns�fe bu�Sldzngs, structures, ar servic� systems, t�e buiTd�r�q afficial sha11 ca�se notice of an appea� or variance reqr�es� ta ai2 property awners within i�ro h�ndred (2fl�) feet of su�ject praperty as ide�tified in t�e app lica�ion. S�ch na�ice�shai.l be sen� nat lafier than 10 ca]endar days h�fare the hearing da�e. ��' , (S} Procedures of th� 8aar�, .�! i''i;;r�i=':`,;� w��'rx?y� �F-�:;i;}�^�.�t:s':.. . `_'`;"�" �'`:'�`'`':`�' °"`:'.�'�;';.;;3: a Rules and Re r�iatzans. i'he baard shaii es�ablish rule� and ' -��;,''•� '; �,Ar�*;;�;-t:�; ;,';,:.�;: r.:�;'-,'�;� i ) 9 ���- �-� �• 3.? ����' �` �F�'� regu7ations far its own procedure nat inconsistent with the pravisians af the '2,1 Y;7•'� r 'y::ti�l" �,.� C,.::'w�7 a :fs;f�z;`=..:� �Y���;�'�H��'" _,.��;,�;�,..:`. cocies. T�e �aard sriall meet on cal] o�f t�e ci�airman. T1�e bnard s�ai� mee�� -,. � �� �,:� ''�;f'�4=�;T��;x;��?:�-'lg�,:.:�";��.k�;�.:`. within 30 calendar days after r�otice a� appeai has been receivad. � r .�; v.' i'1.:' i (b} Decis�ans. Ti�e �oard sha�7, in every case, reacir a dec�s�on� without unreas�na�le or unnecessary delay. Each d�c3s�ion af tt�e l�oard si�a�� inctude the r�a�ons far the decisian. If a decision of the baard reverses ar mod�fias a reft�sai, arder ar disallowance of the b�ilding o�f�c�a� or varies the appl�catian of any provision of th�s Code� th� bUii�ing official sra}} immediate]y tafce act�on in accordance with such dec�siar�. E�ery �ecision shall b� promptly fiZed in writing in the office of �he hufldfng afficial and � shail he open to publ�c ins�ection. A cert9fied copy of �he decision shall be senfi hy mai] ar othen�ise to the a�pelZant and a copy sha�Z bg kept in th� o�fice af �he huilding officiai. Every d�cisian of �he board shall be final, sub�ject to judicial revi�v in the circ��t caur� by comrrion law certiarari. Hawevez�, an aggrieve� party may, w�thin 15 days follow�ng a decisiar� of the haard� file an appeal with the Countywi�e 8oard of Ad�ust�nen� and AQ�eals {CBAA) in �hose cases involving codes adapted f�r cuuntywide applicatio� aRd en#ar�eme�t. F�nal decisions of the C8l�A shall he sub�ect ta �udic�al rev�ew �rt the circuit court 6y conmon �aw certicrari. � Y• � �� , ! s��. x�a.as. tR����w�d� Divisi�n 10. Viaia�ions and FenaIties Sac. 138.47. In Gen�era�. , • ._ Any person wha sna�i vio1ate any �f the provisions o�F this chapter ar 27 '' �'tt;; ' ;1'�r`��: r���Js�,k6�, Y � �, � � F � •'� k'• , � �- ; "� E �� :z .� +*.; , rt �� } :I �' �1 ; :. �, � ! �� ' I ti" � j4y ` �y5' j �4. � 0 ., � , }� t T ' .41 ;. r �_. � :i •s � :� �x; 1 �� +'.1 � . �S1 iS 4�r.i ' .14'r�� � .. . , . . ♦.f «� -.F Y . ��b�..�j'�Y;`�";}'y� i��i� • ' f�,y4�.;'^'1 :•,,f1,.�,i i!:�.. ��: �eu'Y' , , � . ' �� : • ' ' • ' , . ! . , -t3 •; � .r . �•:., .� . , . . :;�` � ,' ' '�' .• • 'F.� � ' . lt . �j. 'i' . i �Ir' . .. :�J"�'. 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TS�::.;�'�t`'�� ' S : .e` °�7t � �A �; ���.y � `i .'3• q'��t1 i �� _..f�,.•�;'�4�Fr �„' ,i;; ;�. �' � , . ! r '�Y�: �,;;���,k}�., 9i:+r4,�,• , ' , ' � s �_'[rf' - �'�"..H.�si,l,5'J.�'."�� . �. �, ��L. l"1 .. f ' . 1���. . . .a ...: � ; , , .. . s. j . .. - � ,�"i z� ,�4" 't-�"`"y.'°�� l��t'�:�+ � � • �F,��� � �' d ��'� r� . � . �` Jn,. �.� � :• �,. '� !'� �:2!. ?'+,')�y'+S1'�'r� /C�r�e���'t . iP•' '� I � '.i.'. 't T:�1 'i S� �5.1 , .• ,'s•'t ;S, . ,; '.;k,lti� #�,�v�i;;���! ^;: ,�k t..;;,, fi,`•. :,: .� f ,;'c t�i:�l�,i:.p.i•�:`. �t��,+��;. � :f': . ,..,�«' �•.»^�tir s��1�����'�1{� � ' ..5; r' j�, `�'. '�.' � i ',',�S' ;r.,�., .��ii�",�;1ay�• i i . �1' �rr. .. r". . :� .'� •', ' .' `:.• , ta; � , {, � �+��::��-�,;°:�,:' ;;,,, ;�. ... .,. ,,,. � �, arty of the codes adapted hereunder or w�o shal l vioTat� or fai l to compl ����w•,;��';P.�.��M:zr�.'�.�.�, w.,, 'ti•:,: � � � ( .il�.ii .s.., ei� . � . .�.' .�. '�� �.� �..� :�,�'����'tl���}`��l`.�.��..4ti•iF?�� "•d� . �,.�,:,:�;_,.;,�:,•..,,,•�_. ,.�-.. � wtth any order made pursuant to this chapter or such codes� or who shali uild ,..�,z;;� �: �.� • ��>>{;�:;�,•�;��•`'' �''���"����- ��•:-;-�',:.` , irr violatian of a�y statement of spec�lf�cations or P7a�s submitted and •��;����?��•`��`�}��' r�': 'a.` "�. �'�.`;' `�,�= :� � approved her�under, ar any certiticate or permi� issued hereur�der, shali �e '�+�����;��*'`�`�� '�"� ,; � `�,� . .�,�, ;, , : '. : . �, r';: �:;s` l,�:,�:,,:����.` .'=�i',-,� ; sub,���� ta action by the Municipal Cade Enfarce�nt Board af the City� ar hy "�'���t �^°�;� , r��' � ' ��� ;�,h • -!� �E:'1 : .�'��}i�,�,'� �; � e +,�i���.�! � �4 '� ���� ,,;�.,r;:,;;-:.. ;, �,a,i:..;:.,.,:: � the county or circtii� courts o� Pinel las Cou�ty. Each such persan shal � be _ ���triY�t,��� :Y. �;., ,� ',�,-,,, , • ���1, w ,. ,� �;�: �.�r;;:;°;::?,:;,:�,;"�.;.,: ����r ,,;.;�::°�,' cans�dered guilty of a separate offense for each and every day or portian �,��;,. ��� '��; °; :li:.=��s:sj:;;'wpa.`�r::�; '�' ,:,:.;;:'y ther��f �uring which any vioiatior� af any of the �ravi5aans of t�ese cAdes is ����=;;4��'.�'-�`�� ,:� t ;�=�`'�•�i=-�� Y'����: ��;:=:^� �� coamitted or continued� and u�on conviction af any su�h vialation such person �;'K�r���`�� � "• `��;��?�:;:� �;:,� ;.;1���` °'`�� ' shall. be sub3ect ta a fine nat ta exceed ��ve hundred dol�ars (�500.OQ}. The �����=:�r.w= ar`� �� `„�',.'•� "� . f:'�" ;: �: , �'.�,- ,.�. �; .,::�:t�=.��,����;;����`- ;; :,:�';�`�'' �> �'�;�� �mposi�ion a�F a pena�ty far any violat�on ��all n�t excuse the vifllatior� ar -��;!���,, `� l�s� ; '. -el�. �: 'T'q._Lf :L.t`l.1� �.:�,.its,?'.':.P�'E'Z • ��fj..r t �� ,.:;.'.»�.�.'.:�::�.,'- =��•�� .� ' p�rmit it to cnnt�nue and a�l s�ci� persons si�a71 be require� �a correct ar 1���'� ,`�-` ( ' °;s%'" �;::t'y�'� �"� S,��i °�Tn'<'.<<�".�I: ' ' � f 1:.. �, .,r;��,:,`:'.�;�•:='��w:x�,,��,�-_�,�;,�:��-'e.,�� re�nedy such v��la�ians or de�ects wlth�n a reasonabTe t�me. _ �'��N. ;;.�,., '� � i:.�,V.4.�'�•t.:i5�:i ;..;µ ��,A{,�'S::.e,,t _,�" ;;€ �'�yrS-'���yY�d"'i::��4y`, �" . -i ;.='-;:�.',�.1.:..x3.S."�I'i,!i� �,�,: -�:�;w,t 5ec. 138.48• £ReS�I'V�4� . e�' �fi'i�'�T'��'�, � ��" �� . :_,^ �,i-i `:.,�' ��� I� t �.�"1..,�'`.;,`. ;rN• ;: :7:•. � ��'yVF� r- 4't'. '�" ; t:' : 'ri; ;t;,:3 r `ry,i,.' ..y ��i r � ' � �• �,•; � i "k.}Y -,:. _�4 J'.'-I�,..d�i�Fa��;S�.'•._• •\:h^ 'r' .. � ��}�j�i w �::��?`;_,�� '`��;.t;� ,,-,;��..,'='`'�:•:'=':,�;,�= Divis�on 11. Fees a�d Ct�arges �<,,.?���� `.: �� ; . :,�; :.�,, : ' •:..{. ; : �, :.-� �. J„ K ti���-� °• - _ ".�: � � �' � .r;.'ya. � v=i >�t,� �i '�..s^ ? ';: .���,.�:{' ,�:?;, 't�..y,�..-:� �rk;i � • � •%���`1� rF �'�`� -:�''::�:`_'����� °�`�`- �_. ��:�;:���� _� .t-+;,,j . Sac. 138.a9. Permi� fees and charges. , � `�,�;�,� �`, ;� t� '� ��:�� `n �': '' `; `Y. ': ;.. • s �`� � # -�,��.x���"ts.r ,.� b'S��iY���,A' �i}X:;.�'�,"�"5�'.♦ ' � ' 'j� �[� p. �� �+.' ir��S. s� . . t S ` r. � L t i:': 3� "}�:�, i � i �l' i�: f• v..l 1 � . �rw'i.�. . �3'1! � .t. � �'�r.".� 7 �"� )' . ;:�'��;'ek;�.,,�,�*,.;:�F�,si'.i j�'���%;;''�ly;�"��Y,s �1� �@T'IDT�S and fees in qeneral• exceptions. �'��;�.� ?�' � " ` ` �� (.'';Ik.._.�'�'c{.;ri:�'.�',1'_'.�.,'Et:.;`.3i!•_��k.,=1 f � ' ��'u�tz�°�',f�l':'.?K. . . .u.:. i �"r'�f���.:;fi`?�1:n .,,�i�`;�. {a) Permits a�^e not required far carpetirig, painting, wa17 paper�ng� �,4;m�,�r;t.,.=�y:{�_,:,�. �„ tf le, panel ing over exist�nq wa� �s, and floor �i le, nor where the valua�ion of j°,-�,�-',��,�'-,�'�',:�: iabor, materials, and aTl other �tems does not exceed $50�.Q0 ar�d the work ar .f�� , .�.. ..,.... «r��� °;���=�t���ria��;: � aperatior� is af casua]•� minar, incon�equer�tial naturP, and daes �afi vialate • ��; f.�:,�;p.��� `,-:�� �;,,;r��;Y��jA �.;r�;� any city codes or ordinances, ar is exempt pursuar�� to Chapter 75-489� Laws of R�,�-f-1.{.; �rc,i,..' ��orida (S�ecial Actsj, Sectio� 25. ,�' ;•;, 'r`% ;;'.• • ,•, :{. ,; . ;. ;���.`:'�'3. . :+•7;� �"i: �"� �:i�Aii '�i:_ .� • ' ;;i�: (bj Va��a�ions for new construct�on and addi�ions shall b� base� on the c�srrent Southerr� Bu�lding Cod� COngr�ss Internatianal's val�at�on �ah�es. Qther permi�s shall' be based on can�ract vaiue. The Builtiing Offic�ai �ay request a copy of signed con�rac� �f value presented do�s nat appear to be �n line with other permits af like work. (cj Where �o fee is 5tdtE�� the same sha3� not be interpreted as an inte�t�an tn waive afly requiremertt for a permit that may be stated elsewt�ere ir� t��e City of C�earwa��r's Code of �rdinances. (dj Demolitian ��rmits shall be issue� at ti�e fe� s� farth in the fee schedul�. However, no fe� sha�1 be re�uir�� when tne riuilding or struc�ure has been declared a hazard �o pi,blic safety or wel�are by the Building Official, (e} Priar xo starting any elec�tr�cal� gas, plumbing, m�chanicalr roofing ar other wark under a combiaatian permit, the confiractar ar the subcon�tractar engaged to do the work shalt f�ie �v1tt� the 6ui�lding �nspect�ans divisior� a form showing the name and cer�Gification number a� the subcontractar doing t�e war�C, the subcvntractor's Clearwater �icerise number ar occu�a��lon�1 license registration nu�ber, the number of the combinatian �r�it� the address where tf�e wor�C is to 6e done� and other reIated �nforma�ion as rnay he requ�red by th� builddng inspec�tians div�sion. Fail�re to file sucf� farm ar �rov�de � 2� , ,� �� , ..� .� .t ir; � � �. �:�, ;•� .� ; � k� ! �: �� ���.'� `,.:; �:, � � ,; r f � � ` . ` , .,,-'.t -'-_..__ wa, y i ' t. � q .. �;.�,i . `wl,,.� v s:.!� =>L,,....Z};. ,--a. ��ri.w.`S,xltir�i�'�F�►.S�. 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Y,,;s :�.�3 ��i^,,��;;;j,,k� Quplicaie per�it placards, each z s•> � � - � 4�����, �;��.��-� ,��.���:�. ,��:a � � s t�yv.�'�i��,r�'%,°3"i.��j��;��:bti' 3,� �� F rE-�;�� ���'�=�t ��.�; C a ge af contractor�� er con�rac'�or :r � � �,.. �.�,��� ,�;, h n A y'�'��s ����k ; �� �;`�;�� r�� �. ��.-. ,.:. ���s .����f�f�=��w;,•+'����:�' � ys`}��. � Cert�f�cates o accupan y: 4�;��.�-�.1 ,��:� :� `�f ��(� �t.�'F'' i .`����� '� C �y}'�d�.`ji�'��.'���;'Y�� t�Yi,a•���relly.p. ;+,���.;rrwti '`it��'�`y �x7�`,��F�;%+:� One or two�family dwelli�g, per �nit �r,. �} -'E�' '�' � r.t �'%� �F r 6� 1t�'��1�'. ^x t„ s. ���ia3jS4:;�,•-� ::��L ;� i. � ; i� ,���;'�_������ ��;����_�°�`'��; Mu�ti-famiiy and commercfaI, p�r ap�licatian� nr�'���s;�'���iti"` {��s�"�~ � � c ��,. % ^, , ��'�.= ��' ' ������.�,�'�-�;�.��, �;��,� �,�f,�� Condit�onal certificate a� occupancy, �ar canditio� .� . Replacament ar additional capy, �xc�pt ane or �wo-fa�ily dwelizng Speciai ir�s�ec�ions: Cf�at�ge af use or HRS inspectians, per trade Max�msxm fee After hours, weekends, per hour per inspection M�r�imu� fee� per inspect�an RefuRds: 50.Q0 50.00 25.00 25_ 00 '� 10.44 ,-�. '" 25�0 .. ' 25.00 ' 2�.Q0 30,Q0 ,�a.ao �Q.00 �oa.ao Permits u�der,�3�.00, unless issued iR error hy City . 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'''= `:�'�^fii;'�: %? � `.�� CSY,�1 � }: n . . �, •1�. �. �'� "t u�f.��ry Y..�`t; l..�.. •.� ' �, ' ' l ' ! r;,Cr.: �:� �f.�i.,±^,;t ;���; v �' i' ' ' �' '�f .:� ` " �' � • i,{�i��..f�'.r.::_��;�:: � ,.�.; '• . . � >.:���.-<''.t �c. �=,,,`,,' , ;�.� _ , . . ,�,�<:�4`�;:��>�:t���-`. "� 1�'�. ' :-��.'��R ... Special fees: '�Y�Hiyl:f�.?'�r`h'�:�f.�:'('.".�;; i'�F:.:`',r:;l,•k``"y�'. . . ,, ;�""`=1=;;;��;i:i`''� '';��:z?.�' :f��, Wark not ready for ins�ectian �reinsgectio� fee): �t ::. : , 4>.;,,., r: j+�}e ���s�y1�.i.� ;;3� .;F,` 4i..�.,'.`1i+`,,.:�.��:�C::�,I, r< ti':'1 � .:'=`,' .. �.�.. ••r t<'¢'; r x� �, .,� ..l.: •. < :,^.' s:i: 'r.7`y,...� ,�.;�' Y .✓�': ..'�-. 1�'�`'��...' F� �i.'o..J:�i>yk � „ '+ . i•� ��:.��., 4�:�'.?.,,��, ;;.�,��y 'k��yE t'�; First acce�rrence 25.00 • �: �..; = ��.,.;�1�:. : ti �'3� .,� . ,E='��'•� -;-� ��, Second nr subse uent a •: �:�<�>�:��:�w,��, ,�;;T�..�,.-z� ,,..,�:��.��...�•�. �curre�ce 6a.00� ,� �c=- �� ;:,,�x:sr �;�r:� �� �,.., Q s•��'`';.'�;�;'rr , ; ': ° ;; .� 'J.:.:, i. • Gi"«' �rki.j=:'.n.'.:., '�;'a ',7 J"'�' -'�' 1 .�i,. .�.;�'�'" �•-y�'� f, X�`: ����,� ��,�.. Foliow up an per�it, r .'< %!,:i,..�:ine'� ' i�F i '�1{� .4 "- �j( e'•e ',r . " "! �a�:� �ys.,, �''� l.r �}k�y,��!''�5:`�'' �: ' i�,J),�.7���x;�r�y`$Y='.Ft ,i�_';';1ia". ' '1 • �.� � y�,.,� �f�, ;,,,irt;�;,:1,�;,�;::,r;-�.. failure ta re uest inspec�t�ar�s 50 percent of permft fee .�s� � ...� �F:,J � �� t:�� ;r;:�,,��}�P�,,.,.f;;.., :�,:;,.. �,�.�:�r'. ,,;e t�iinir�um fee 3fl.0a �iy 1' y i f}� 11:RY�i''�' :�p.!%�A�`.fir,'.'':'�� ��� • r,. ��Y��..� �•f� �.��G�� `y:,�: : 7�,ry,,:;;{_' .,. • ts',� ��J,��YR.;1.,.�, . �i..�rl���:a'r .•�yf.'`' ;,�r,� ��',,,,�T � �, ��� ��� �; ;,"��:?�;�'> After•the-fact permit �; �����:°�� y�,s���,::�?:?� ;�:z�.-,�;;,?:,��,,�.,. ... z ,,;.�. �•{ • ;,,.. . }' �`r, ;`t«,y�c'�'�-�a.�r'�' :� i� �"�r:�':,,��': �.': j• i�..'�;. � '�:F;- First occurrence �=r��;�4.; ' 5eca�� or su�sequen� occurrence .<-ti`',�.� by same corttractor, any jab ?;:«'�;',, site in Gity ,::,, ±11�. :?q:€: � �t�,,; �: .:�.; , a : �'.l~ S " . :. 5��,�; .i:;i:��� 7rip�e permi� fee � 10 timss permi�.fee � 4 . (3) As used in these fee scheduIss, "comb�nation permit" means a permit for construction privi�eges� canditions and restrict�ons of a buildirig permit, eIectrical permit, gas �ermit,. plumbing permit, mechanical permit, and roaf perrnit (or some comhinatian thereaf), far wE�ich prop�r appraval has �een granted by the city and for which proper fees have b�en paid. � Sec. 138.54. Fi�ing fees far appe�is. ,. . :' Any appiication far an appeal to the cartstruction/flaod hoard of adj�stment ;: and appeals, the city manager, ar the city comnissian as pr�vided for in th�s =�s chapter shal] be �iie� with the buT2d�lrig of�iciaT, aCCOmpanied by a fi3ing fee `;z as follows: � .� . _,... . , � (1) Appeal to construc�ian/flood board af ' adjustm�nt and appeals �2� �PPea� �o the ci�y manager (3} Appeai to the city co��ssian SQ�. I38.51.. - Devslopn�nt im�act fees. $ 125.00• 50.OQ 1Z5.0� 1 (1) . For all new bui]dings and structures, tlte app�icant s�all at the time the b�i�ding permit is issued �ay a develapm�nt �mpact fee as fnl3aws: (a) hew residential structures: Single-family, apartment, condaminium or mobile home, per uni�� two hundred ar�d fifty do]iars ($25a.OQ). �(b� Hew com�a�rcia� structu�res: �'wa hundred and fif�y d�iiars (�25�.ODj for eac� two thausand five I�undred (250�} square feet af fivar.,area or �raction thereo�. � . . . . �. ....._ .,..._.. , � € � � -.., .::,... . ...... .,-. . - .... ,.. ,�. � .1� :� i r .� !•7 : + .� i.•'�x,�`N�:+�*��Y;i:'{���*it§��•r:*±�:.!�it��� ,� ,�i-•...., �°,�;,.� , •r�..:e .'•�`�:� "_"�`� .rt`'�'`K" z . •r .� .>. ��4.� -.r.. f'£5. :`.�r�, 'i: . .`�3�' :/i�:i1•�Me;�•.�HI.+�•'•Yf,7° •Y�.•��<:r1 �'4� � 4 &r�,�rl',':<;� ;:�t ., v . '. � ' ?Y � ;s �i�kl�.hf`^`y =. ��.`�:�:�� 1:�•'.!� .i`. �%. S.Y � �'.�:'l..4�1♦ �43. 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', i � �,�l,� ���';�'� �' �' ` C' , • f ir w�. ��:. �•'' i:i i;'r ,t �:.ti `:'t `: r • �:r��.l.,iyj a �ftii_ t �� � � (c) N�w industrial struct�res: Two �undr�d and fifty dol�ars �S25D.00) for each five thousand (5,000) square feet af floor area or frac�ion thereof. Cd hew hateT or motel faciiities: Twa huridred and fifty dollars S25Q.p0 per uriit; cammercial area other than units, two hundred fifty dallars $250.00 far each �wo thousand �ive hundred (2,500) syvare fee� of fl'aar area,•� or �Fraction thereof. . (2j 'Che funds derived from these fees shail be deposited in a special account to be used exc3usively far the constructian �f roads, pub�ic transit facilities and s�arm drainaqe in the city, inc�uding actua� constrt�ction costs, acquisition af r�qht-of-way, the construction of side�ra�fcs, curbs, drainag� s�ructure� and s�gnal installations, _ Sec. 138.5Z. GReserved� , : ec� on 4. Chapters 139, I�40� 14I., 142, artd 144, Code of Ord�nances, are hereby repeaied. .• .., � •� . 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"'?:::�'i�;tir.;a;�a:, ORdTNAHC� N0. 5i21-91 A}� QRDIPiANC� OF TNE CITY OF CLEARWAT�R, F�,ORIQA� VACATIH� '�ii� NQR'fH 3.5 F��T 0� A 7.5-FOOT UTi�.TTY EASE�ENi' 4.YING 4H 7Fi� 5���'i� S�D� OF LOT 11, BLOCK 24, 5I'H A�DITIO� TO �iIGHLAND PINES 5U8DIVISIDN� LE55 AND EXC�PT �'H� WES"� 25 F�ET j�i�RfOF; PRQVIDIN6 A�1 �FFEC7IV� DAT�. WN�REASt it has been req�ested 6y �ear� Melmoth, owner of certairt rea7 property Iocated in the City af Clearwat�r, that the City vacate tt�e uti7��y easemer�t descr7b�� herein; and l�HEREAS, the Cit�+Cammiss7an finds that said easeme�t is not necessary �ar municipal use artd �t is deemed t� he ta the 6est tnterest of ths City and the general p�hlic that the same be v.acated; now, ti�erefore� B� IT DRDAIN�Q BY 'iN� CITY COhEMI55IpN QF TH� CIi'Y 0� �L�AR�lRTER, FLORIDA: Se�tion 1. The fallowing: �'he Hor�h 3.5 fe�t o� a 7.5��oot utiii�y easement lying on th� 5o�th si�e of �ot 11, Block 24, 5th Addition ta High�and Pines Sui�d�vision, as recorded in Piat Baak 36, Pxge 44, af the public' recards af Pinellas Caunty, F�oridar less and excep� the West 25 fee� �hereof, is hereby vacated, clased and re�eased, and tne City of C�earwvater q�itcla�ms and reisases a11 af i�s �ight, title and ir�teres� thereto. 5ection 2. 1'he City Clerk shail r�card this or�irianee �n the �ublie records of�Pinellas Couaty, FZorida, fallowing adoption. Section 3: This ordinance shail take ef�eGt immediately c�pon acioptfan. AA55ED OH FIftS7 R�AdIlYG AASS�D QN S�COhD AND FINAL ItEADING AN� AD0�7'�D Approved a5 �o �nrm artd and c4rr�ec��ess; �� � . . a t`dtt 1, ,I . � City At�orn�y •' r; ; i .a�1 � , 4r1';'v, ,`:•��"''�.. r' . 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KY�`�`"�� �f' ,^�' = � � ,'4 • �"i.' : . . _ , ,.,.,. . �� � °;� 3 ' . : � . �,, t � :�.;-� �.,;; .,,.�-,� i�,�.. 5�.. ^�,nr <. � . ,.f. :'�:�. , . .'r3�!,.f�,[• +-�5:- .i :'��.i.�: K [ r.9�. � ''•` 1'� :''y�..u•wI a'1t:^.�£.� `R � I t�;i�;a.iY', ;;i;.iar::S7::s �� !. ::s•,''''k•; �P".s;.:1 • � . .` � r. �s:,�� -��•. �� � .=1�l,��!fN4}�� j�, V''ry .,� �`'�.4 ii: i �� ; ._� ��.:; ���. �'� '�'�,! �'c�fF,,�'.'`:',. . � �Zp:. 5��,-• .:5�;,�:��, ;;r '`� DRDINANC� HQ. 5122-9i � .. `° �... . `ll,^. . ., . �, r' �s',,,,�.�t � - - �{_�;�r,,,.�:�,,; ,- -: t^; :;�:;�•��;�;.;:.�:, t; � +•,ii�''�v?(sS;�:fi�.�`f'✓�•�' ,.:� �dr ;�.ae.,q�`7::'{ r�.� . 'i :+' •u.v`!1 1� �.; : ',yc, �.-i±>s•(1'.=.'r1�r:; i �f•���t;C,�i..i,-�..,,. 3i��;Itir F,rr, .;i�=�^�; �,, �`. `��r. 4 'r` �:� �i' i irh A.: a�r'�[s , �' . !`,,:��� i' a : ��°k,i ; • �ti•'" �i�i,{'•.`'� •F �:,,t�,' ti, �'. ':y r�;k��f�'Y,°,iei�t��r.:s`y;`.'l.`���'�•'�i='�'�'�"i�r��-: r,�r.:.�.,M1�,:s �.;, � t�,�: a. :.;�;� � �. �S'��zn:s..''ak.ff°E'4'•t�f;?' fti;.:.i; �%��.Y'.,-,`s;. ,..,.�:r����fFy�"� 4,�r` '�'` ��`5�?�'�.`�i��•;;: ��I� �%�� �'" �?��- °u:{�;ti�: � �s;: t RjY;s� a.,,..,'�.�°.r � � ''.���i =� -�: ���xv� ,�.. � . , : �• .,.•.c...� a `�L� �` ; f ;;E,?: Xi' 6` �'`t'.��• ��,.",p , i ,.,, >n±�� � 4.'!, iX:w. ��i Sflif: t:r ��_!'v ^l l f.".!..�•�.� i.. ��, �.��3:. i:'l,rl�'z; ;:. ;� `'�^• �:g�' •; x 4 s� �` :� ,'_, i.t.,.�..: L Y ;a'r, �r.'� ' `rs��:�„'.�;+ ir.wd L i�.:' ,�., r"�'����}'7�.;� ;' �'_��: e*`t'` 'e..r:,:„-' ,;�•'�! �st:.•r''J�.� ?(' �.�.<�iw��FF„t; �s,.l,. �r�' �: :r,t .�F,`t: �dl` ��5^a� ( � ��� �i��.�Y.tx� Y v" w, ki .7y Y'Y'i�•,.,:5�':..,�.`Ar� ,}� •�;�,� ar �. jd;�.: ��.;{:, �',-. _i'.it;;h�J ��5�:;. �i'�:kv �.c. �... •�-_ sir:;,, At� ORDINA�CE QF TH� CITY OF CLEARWATE�, FLflRiqA, VACAl'ING T}�� SOUTH 2.5 FEET 0� A I5-F00� IlTI�I7Y EASE�I�NT LYIN� A? ONG 1'HE NORTH 5IDE OF LO7 36, D�l. URO GROVES, FIRST AQDIi'ION, L�55 AHO �XCEP�' 1'HE 4�E5f �9 F�Ei 7HEREQ�; PROVIqIh6 A�I EFF�CTIVE OA1'E. WHE�EAS, it has be�n r�quested by Alfonso and Vonda �ian�o, owners of certai n rea � property 1 oca�ed i n the C i ty of C1 earwrater , tt�at ti�e C i ty vacate the utility easement descri�e� f�erein; and WH�R�AS, tf�e City Commissian �inds �hat said easemenfi is not necessary for murii�cipal use and it is deemed �o be ta the b�st inte�,est af the City and the general pubt�c tha� tfie sar�e ba vacated; now, �herefore, BE Ii' DRDAINED BY THE CITY COMMISSION OF TH� CI7Y �F CLEARWATER, FL4RIDA: ectior� 1. ihe foliowi�g: The South 2.5 feet o� a 1S-foot utility easement lying along the Nart�t si�e af Lat 3b, Del Oro �raves, according to the map or plat thereaf as recorded in Plat Boak 64, Pages �6 and S7, af the pub�ic record5 of Pinellas County, Florida, less and except' the West 59 �eet, �s hereby vaca�ed� clased and released, and the City of Ctearwater quitclaims and reTeases all ot its right, title and interest thereto. 5ection 2. 7he City Cleric shall record this ard�nanGe in the public r�cords of Pinel]as Caunty, Florida, 'Follow�ng adoptinn. e�idn . Shis ard�nance shal] talce ef�ect irrmediately upor� adoption. PASSEQ ON FIRST �EAQING PASSED ON SECQNQ ANQ FINAL. READING ANO ADQATEO A�proved as to �orm and and correctness: � � . A. a r a t, r � �ity Attorrrsy rti.; ns,'•j�rw���i,'N a'��� "r'r,t`r` ���r ".Yt- .�. L . :� q. �t ii�i-�' 'M1~r �s , � `:�;�: August 1, I991 Rata arvey Mayar-�omm#ssfoner Attest: ynt �a . ou eau City C�er�C s.�, . � � r__ S�`� ' �� i �. : �t',,. �f�: � k''ti �",Y'a �� � d � � f ��� .'�S �� '' � i� �` ��, � � � m i �!r�.''?!t«!��M.r�F.: ''�:fY�:�'wi'��° � s�1"Myi`� x�:�µ�4lrtj'"'`.�s;��,' i.�arS+}+:7r�FJ`<r�:. 's�r�4.�eerf;�Y F ��^��q..�rw,^,:� � f,.n_, 3 tR++�# l�> - �tx' Y"' t. 1�.�*ff.«w.+r.R��.r S.?....i �" L6V�i�i�w!!` � ,. . . . ' j . , ' , ' . . . •1 '"(,4' s.s'; ' 4� ' 1 . ' . y ' ' -.. . . . ! . . . . .'�- ..'. y�� `5 i rk,' ,.'µ.: y',�r:sHi''•.�;,�.. .°l�:s„ EHr:•i�':,ti=i, ,�,::;j4::�g .�: .+t,��,.�'� d-��.1:�9 ,.c95zM :ir':+'.i':v:;;:iY,q.e��'tiy�qJ �� ,�. h°.Y�t. 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'� . . . �- ....., . � �.. ww.»,...,.r1...t;iL».ti%� � � t � 1 �� _�. , n 1 f 1' ,�w' Y+.4.' � � .' `` I • ,� Yr � y • ;� :Y7�' �` +,.n1,.(`*! .. .-'IY ' :i, � ���. . '� , `^A�� -e. ,..�i�. tr-� , ',. .,r , ' , y . : ' rer': �.; t..lJi .��.�� . , . . �, { � ,,� •�,�i !v% Y't �;.c . . `�i' - � . � t;' ': i';S �'s tJ'i'. .,_� .j• � . � ' �tf� � I' .:L:.:.:.Ae�;"� i. �.:.iry'ArY . ' � � .. f � � �/ �'y`Si� x'�' 6:�; J;%: y �. '. .. . ' . .. � �t , . � � 1 �' �.q.1.:'.,. "'•t'� p V�^�'„• . �^•y;r.; .,. .� � .. . . . c _ Ci,F.ARWA`rER C�TY COMMISSI(3N q ,.... ` �:; U.,.,`'w, "� `" :�-: ; ,,{: } � � Ht�t1n OAte 8-15-91 �',w.1�.',�a.7�-�:r�. �'����_ ';`;:�.: , ,.. , . _ ,,, ,:1 :; .�. i _ ',: ;;,'-^'•a ' .- ��. � A enda Covgr Memorandum ; ..r . �,: ���.-,;..` ,-'''" � �/�"'; ' : � � � � ! �.K'":`�i��'� Y°N��ij�i':'� r �3 •��. .'.��. ',.1�4'� � �.�. . ,, f "i�L a•�r(r �1� ��Y. �: ;+� � � . � I }L ta�•'1 �} i 1�;.;.� �J i ��; ,��.r 9i}�j". t% �s� �i�'� ' � Y;. u txt,'.' ��. ;��„ -.,��,'t . . .���.�'.'.•.��M'.x``�.• r :t ' : � � ��. .r a � :4.'.� �, �S '� :�:;i:�'� ,: ��', � � Si1BJECT: Lc�cal Op[ion GasTax Time �xtension ���,,;��:`3"r;'w� ��zA��.•��s�.�`�A . :�l ^�^ . [• ' ,F,e Y^%"�'+�„tY��. �TSY : t i.. e . Cw..,a t,• 3�-, i j+.,��;, g.,.^j},; : !�: .� , ' � ' . . . G; �w� ���.� .: �•' �s7;�~F.� ;.r, �, Y}��:,•.r �. � '' � . � — — -- — ���..:w�:t� �� r.ti:�i e �i,r.fl �:':,i�! .. .., . .� � �. �� ti hi ?i' �. j� �, �„ �`� � �. �� �4 RFCOMNII:NDATTON/MDTI�I3: Approva an intcrlocal agreemeni with I'inaIlas County cxtcndis�g the local option gas t�c to `';�,: ;f �i;��#��'�'��� �i.j t�: �'��'a: �. �'� .. �:.' . s:, ::. � ,r•.�' �,..y; ��vi:���V l3,� �i �� � �, ;. 'F'� � P� ' � � t�il rt 31 7.OD7. f� 1"�a'� rj�i.;�� �.��;� i' ��F � �i '� .- . �" � -1,�.t.,�A'Vr:i ��t , ..i . .�r . � ';. � ' = P�' r� �+M,�1'� Y` ,+ =. ({t�, , ',�i'7,'� ) ��'.i��?4���w +: Y'°'f s',ti x:�;.�: °�• ���. h'! � And thet thc �pprapriatc officis! hc aulhorezed to Cxccute 5amc. `�� °i{.�t'"�i``.�i�,�,�.�7.u' `�`��.1 ���: '.�,•��s 1,,, ( .. .X�.�y�34��,`F'%q'i•3:'±2Q' �y. .�.•,_r •� '. � .�7,� . .h'.;�. � � .'.� .1 : f �3 s. � . •9. �r't�aTT"'' L��3�}•x'�� k ��` '.� ,'�,'�•.... �..t;._�{.�:. "('��:^'��;i�1�Fl�l�f�.,fti��k�2�: ';;?�i,;i�:f�.i.� . ; -'y,. +�'•�;L'+ Y� � <� r-rt ��•� E:•.� ".�` �' SACRCROUNU : Pineilas County orisinaiiy adopted a four-cent per gatlon gns tax ta bc etfective irom 3eptember 1, 1985, thraugh ,.. y�:•�.� 5.-�.��) 'a�,SA y , 7'..�'e'�,�Y.;�'r � .�. :.`�..Y ;.�. .��'t'"�• � '?'�' : i�i�M�yJt� � � •.I � � . ; t : �., ;. .. �.. y f..,,.ke •.f � ��:?�'.':r `�'=�� "'� - .-`- • August 3I 1995. Effectivc Septcmbcr 1 1987 PiACltas Couni raised tha four-cent taac ta six cen�s and e�dended the cc�ltcctina csiad �=�.5,, :,�,yt�<� ,� r;�v. � �' !, -• ;.f��±vr=�-.•�,�'i',�:, �'�.'..:'i" , � � Y P :�;?�,ew;F,�ti � 3 H'�� �}'� •>r�, �; ; ., A r '. �: . � : from Septcmbcr 1 1995, [hruugh Augtsst 3�, 1997. • � 6. �� j� °� �,�,_��^ � `� .. • �' d� , p� •ti �'�,�,� �:���<I �.1N;��S.F ;i -f�.'. . 1 ti:•YR.i 5} � F � Y��� . . .`�2� �) v �e ' �'f�.t.�r 'i.a;r�� .{Ne�Mt . ,`.°',4�� ..i� f.:. £�4M . ��.+'1ASk f,� . jf ' y:1,� �..�i�., 4- ��?�" . e 1��, �� •.i x'�r�. P,1� l., h5.aAj" ��a i��i.+; ' %�• r � �.� i, ;�-.,,';;� ��ef;; >.•-..�.� Pincllas County nnw Qroposes io extend tho six-cent gas tax fnr an add�tional per�od af tcn ycass, fram Sept�mber 1, 1497, thraugli ,7.��s;a�w�t�y�sy�� ,�� .�:, � f.�� °' `"' '- �'� , � August 31, 2t}07. This atdon i5 prpposed io avoid ptacing a[olI on thc new �'iaysidc hridge and axisting 78th Avanue bridgC and, in =.�,��: t�x� y�•<�.'� ��"�� '�, � 1�r , .-, �' Y . ; N ' � �'. ",, r�.. r°'.7'S�."�l; 7 ,��� i� . uddition to pro de or tr ns t o u ad p ���a•- ,�'� 4��r� �. °,. •� :•�+ifr°St�•:t�`�k.,, '';';�, t ••'. � Vl ID C 8 pOP flil n f nds for ra !III IOYCInCII[S. =-'��JS1;�JU, 4�-�,,� i� ,, • ��. � fi. � °•',' - �;� � M� � , ' ,}'; : �• ' ' . � �i S'.' ,.�+_`'.Yy'',�ly �,. , p. . FM*' 2 � � 1 '"• l. i.' 7 5' [_T y' W��Y ' "4%", %:�;�[li'•'..en4-�.,Jc. �MI' �':, �•�•'•S��;t1 w.. R� ,� '•;; ; ,;;;; _�_. r.: ';._;,�^' The new ro osed intcrlacsal a ecment in addition ta rovidin a tirnc extcnsion af tlie as t also ra oses a uew disuibution I:; �: {; �_=�•�`x�; �' � .,; �: : : _,,+.��. �. � �;*:�, .. t,. . P P � Gr � P � 6 � P P ; �,,. �: �, i��,,.��'����.. � �' . '� � a,� '•r" '��"^ ': :\'• �j°f. J'-' formuIa for de[emuaing ilu division of ihc pro�cds from tha total l�cttl optian gas tax umong the counry and ttic municipalities. Undcr �°..k y� �� t�� ��E�. } i. i�` :�'.-+.i:.�'��'.i, '":i�1,,.r' �.i t C d ecidesreccive2� `'`t::�';'�',"t� Y ';�;:�=.;;; ,;: �°"�� � °�.'' t4�e o!d existing formnia Pin�llas County reccives 75%' of the total loc.�i option gas tax p oce ds, an th %. However, ",;r..,r,��,��� x� € •.�' � ,�. :.:i`s:.,,..r;: '��i•=:. �i`�i' {�•'•.��.tr?�',. u t . �.� ::•:�?;:;.�;:�.�':+;: ;�': ���;� �4. �� ;-�,tx tho unincorpora[cd araa nf the county is considertd one af thc citics and shares in thc ciry partion oC tlac pracccds. Undes t6c aav�+ ':: `.i`;! :<�;,,��;.r�'�r- �_ "_� � ' ' ��.1.. �:. "��i . . ' Y.j���'..4•� � . `+t�; �fi� � � � '�" � ^�- 1 r i h r ut e nincor ara ed e wauld not rer.e vc u sfzare of tfic 2S°i6 . z�`. �"'�", :''�= t;'ri� c'':.`�.'.� '�,� ,;,'F;,`', proposal the county wou d still ecc vc 75% of i e iax p occeds, b th u g t ar a i ;,.,.M �'„ t. �� �s ��� � �':' . -� ; � � � . � ��-� ;�� t ��rti' ��,F"; ,�.1,..�' w'.��.`,:TS -�;_.� �` ttilocAEOd to municipalities. This would meAn a slightty ]nrgcr shnrc of thc tax far cach of thc: muniapalities. Attothcr new provision '��t'�`;'�;c�,`=���t�'��'�;� '; ':��' ;� ': � ` �;. � r�.,,,�`�'" i.'1� � �,y::�.<, st,� , fy..�t.`��' "' �d '���.�``�'� ;:'�•� {�-�:q ��i'�i��' �"y �`.��dy ?+a prnvidcs ihni tha new distribatian [ocmula wil! bcgn ist 3anuary, 1992, whcrnas t4►e o!d fnrmul� ariginnlly was to extend to August 37, .,;�.;,;�L��,�s°'• ,�� -'" j,y�r: �.� zk;cr f�.�ls•�:�.�i�i'�. . ., . - . !�',���%i��• • • ' :• ' , •{ � � �• �•� 1497. This chan c wilZ also rovidc an incrcascd share of fiiads for thc munici alities. '';'�`*'��'-'. t"�'-'''°'�����"' £�'' � tl r �:�f.��, ...-�a,,�;�:� ��;''-„�-. � P P iticH�; ��� {��; ���.s,y��,��,= tl�. ��. `,, �, .��. : .�:, - Y '�. L •., s ,s .. ���. R1�„ . �i 1 • �.t • � < . �.A f � .:'R,��:te•.�y�i}y�i � 2`.- ,�� � ;'y.�`,; ` :- �:,?.�:"'':1s.�,� �� ',:'��'',�''� is'.S=a�•, � }atir3; CR 1... .,,.;. �'3;s a'� :�. t;;�;��:` Undcr tha c�asting !an vvkiah cyspirts on 1�ugtsst 31, i99i, Clearwatcr is c5timatcd to reccivc $3,O1b,0U0. Usin the ncw formula for `i:�'��,�:���� n E�,'` �� � -;r' . ' � P S - � i!� �z?`�;'r G,��;�Z'':'•j: :'()�Y'S''n�' •�'��:: �.�;.;.� h r I � f Z f r C �QP flIl �I�1aIlfll �CA CaC6 ft i5 C5L1LS18tC(� �'>r'Ty,"�-,``���r"�`T�.V^��i�� ;. rr_,�:�,=`r ,•� r."' � c sarnc pe iod of t'ma Gearwatc: would receivc �5�D7 ,OOQ. I thc tax is a�p ov d a y c � ;��° :^��.�,.:,. ,��,� ��,. �. L��' � : �,ii,�.}���.;�`° ^'r%; :�r :��' �.',V:•'" � ' -r:t�. r�rM'�W..`Y- i-� rk°.: i:�. ',�1��". ", �<" ,�.,,� "�-,- C!earwatcr would reccivc un additional $9�����. �; �%> w+1`{'•z•'tk:",�•,t,�'�?^� ..=:i•�t�Eni�`�'�_y�`�,`:i§"".r�1,', ......<'v ..s`..-r.'�'�J.:-.3��S:�f`t`:it^i.�`"�'S�'✓'.n'J�.r '�� �' � 7'hc ane mnjor restriciion listed in the �rrupased intarl�cul agracmtnt requires tf�at prajecis constructcd wil5 th� total ioeal aption gas i'�� ' �ax rcven�es shall bo limitcd tp those conEained in the la�g-rangc 2D10 Transpprtadon PIun adopied by Pinel�as CauQty Metrapo�itan .F�1 �. '� "•+. Planning Drganir.ntion on October 2G, 1984, ut�d whiIc Ehis plan includes most of our m�jor thornu�!'ares, t�c a�recment would �� s.:�:, preclude fitnds bcistig uscd on city streets not cavered by the plan, ris we11 as other city �rojects. It s4iould be notcd thnt Claarwatcr will participatc on a ptrcentagc bas�s and thnt dol�ar figwrs are bascd an projr.ctions by tha F1oridA Depa►rtment of Revanne (DORj. 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O'� . �1'.r.':r"4�.i.4��ii.`s'Lb�,vhiis�.�.�i��'. � . �'i." ' , '.3 ,. ,%�..:�a:;���::.j; -�.-, +� �;�.x,.,,� , P�INELLAS CUUN'I'Y��Mt�� ORII?A r•Y\,�,� ; �f.�:��t� i;: .,.t'; � , .;� '�. s�, ,� „ . -... �, MI�DlQN ',' <,;•.:;±��3Tia�,`'s.''�•. '`;' . ' �` • � ,' � ( P�IpyE��B�l1 �G�3�8"3 •� 15 G[]URT STR�F_T ' C�R�AT�R. FLORI�A 34616 '�;`,� I.r 'Y',' '�a?. l..r `.I�r�i' ' • i � I �� � . ,�,f-• :`�_, � � _n. ' �-��`'� FLaRt�t► , � � �� � �� rJUi.12 :�:... .,;�`•:. ;`,,_, ,.: . .;; •:.;;t�:.�.,. � •� - - � ' � L �991 �,''°�. ��-�,;�`u,►.;,�:�";:;:'°,�`� , . � - l S �951 .�:�. .,.��::. ��, ;, s.�.;. � � ' - u �� - -� e�TY �c ;,��:.<.t%�il+f.{.y.'�`.°i. �.'�' . �' ' , iR[O E. MAl10UH ' "` `t... ':". ='ii';i';'`� `,��.�i:•,. ;�.� ,�_�:�-�; . covHrr �oMiNisse�TO� �..., nr . r1ATFR ,,. •�.�; :t� .,;, �•: Cl'''t'_ , � • , �'�'', i�, it. ,`;;_^fit�. ti•.c .���'?},,l .�� r��:i'�r•�•r���... r . , ,'•,i;',: •..:Y.J?�'�".'tL : k�.' 'eJ : �' �'' :�:+�� :'�".`r;�l�;�,� `:'' %,V ��; T0: Xnyora nnd Citr C2erka of Kunicipal.i�iea af Pinel}.aa County v � '`"'{S c�'7`,' y��� � t;i !.�Fe 'iir�, . .:�: . � ' •.:v" ;^}•1 y�'•. ;�> ',�s�,��,�;� -;.. , 'a� . ��� °,, S[lB.TECT: Loca� Optian Gas Tax �,,, �'�`'4tz .. .! . J � �!._Y :.;� ,"�; n�:w,�r��i�;:,,;.., v;.:�,,::,: ;N J�iy e, 1491 ���.��,. �°<'��4;,, ... ��..' ',� "'. DATE: � {�... :.: , , . ��"^'� ;, �•x"�;�i.;�.::t� •`1^�j��;sf;y^1���_%I:ti:' i�lr� ` . :-.i: ,.�i�'r�;,:?tii.j:'.'::�f.��,�,� '_�r�����_ . �F.�`?,�P�'�° �3.'�°',.4a,;����.'�;°k,: `s � r�,�� The Bnnrd af Codnty Cammiasi,oners has dec].ared ita intent tn estend the `:��.�"'`'•��`�`::`;��,"`, ;��='�;`"� .. sii-cent locai o tion as tax an additiona7, ten yenrn. Thia action h�e ,.? •; F � � . ; t , �> :r� P 8 �'�a'��ft� .}' 1'�.t��.�t . �,�.F,�^` ,`S • ;;; :�•°�;��;r;;;;',';�;;' `+;�� �,°. ,,9`�• . been taken to not onlr remove the toll procedurea �rom the presentYp ''j'�°���'''�'� �'`' '�s�=="'� ` bein6 �constructed Bnys#de Bridge and existins 78th AYenue Bridse, but .'� Y' ^.'!'...... . i . . .{ ;.:r�ti Y:r'A..�:t, ;. ;'',5,''� `;; .� -t,-;��;� ;�:.._ t`� �;•� '.�� v 'G.?:� -'�`"r.�si; +;-'' .. �-. e�IY. _. . .I:�r,s.''�e�.�e` �. �. E 0 n�sn to make moce �ransportation funds available fvr roed impsover�ents over the next ZO yeare.. ;'�''�:=�f;;•" To eccomplish this action Che Board is ugdaein� the interlocal a6reement `��{�'���`�-`'`�� xith the municipalit�es of Pinellas Countr which defines how the funda •5��..i�: .:,��. '"�^'�-��'�° are diatributed ta tho rounicipalities. This updati.ng �rae recortUnended by ;�7{. _!`• r.f.' {, the Bond Cour�sel far the pcosram a�d the fig�rea refl�ct the chnnges due �"����'� to the 1990 cenaus and also ref�ect the droppin� of Che Pinellas Caunty :,`�eli,;•;fif•ij.� .t„z�.-„, unincarpar�ted area as a municipal entity. �',•. , �: -x;�;`,�a :: f�{. =, R4.,;.� ;,t:�;�„ ;�:,,f�:.,:,,. .I have attached s Gopy o1' the in�er�,ocal agreement and y�u rtill natice ;�,��_':.,�;'.;�•�• there ie a place for each Xayor and Citp C3erk in the County to aigr�. I '-r'�.�"'��� would request tt�ett you obtain CiCy Council, sction to execute this ,.,=�,;���+ r:, : u,��=" �� a reement so that Ke may praCeed forxard. I wauld like ta have received ,.,+:�.r�i;��� ' 6 ;�;;�,+h�Y7f, not3ce of your ac�ian by AubuaC 16. i4 I am also enclosinS two geparate sheeta which indicate the esLimated ' funde that can �ccrue to each mu�i�ipality. Tu give you an idea of the E:, total fundinb �ain invalved� tha County has currently disburaed �18,092,000 �rith $3Q.426.000 asai6ned over the nezt six yenra for a total ' a� �48.520�000. The nction of estenc€in� the pro�ram an additianal tQn �' years provides �54�513.000 mare than is currently avail.able. The chacC I '� hsve attached indicates the apecifics as they apply ta each municipality. iJe have received vorX poaiCive resgonae on the Board's ;; action in this regard and requext yaur affirmative City Council gctien. Once thi�s iaeerlocal a�reement haa beon ezecuted� the Boacd wi11 then take action on an ordfnance to acCue3ly extend th� loca2 option tax. If you ha�re queatiane on thie probraln, please feel free to cantact me: .... . . r � . .y Sincerel , . � �r E. 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' •,;° ,�~� �,h� ~� a�n'?`r,•:"s`��. ��!`S'�4y_I���• '1: '�� ' � F�wiwafi.i:aL�i��As:'�i:�..�a:w::::•.:w.:8as�r..a�_.,-..... u�ar�..:.:�:.a.:�re...u...�a•�av..:..�.-... . .........«., ..,.���.......__._�...�.�...�.�.,..�...� '�''` ,y��s���•a�Y,e��� ':��<. �: ;, .:,; ,;y�..': , rr K:r s+::wN �'�.��- -.. . ����,r F ' . , • �+Slf:f,�+h.k,�+.`� � l�r• .Ct`?ai���.� ' '�.� � . � ' � ' - �y{'�'� aT'J���� i�.� iF1.RT ' '�'� 4.•' ±`. � C�P��n+►;��` � �i t f ����� i! �l'.:' �Y'�- . . , ��r�'%�Y(��'; z �� s .�i . . i: � 1 ,..;......•,z.Y.�3•`; � t,:�c 4!�' :. �rYifiN.� ,+_: .... . _... � y� f ' ;,���,i•.'i�' . . • • R'` 'c `"��'�'"��•`'� ' ' • �NTERLOCAL RGREEMENT � �'` � -r, .�. ,;:: '� � �+;, kj�; �:'c�g,;;y<.�.�:�'�� _ �iti�i{;y�.��',Y�;.'r`•,.�7-� � • , � �' :'���;;�r%���•�:��R`'�' • This �nterlocal Agreemen� made and entered inta as of �he '��` A" 4:�;�'r�``�.�.,�ae?ys'��:-��:i � • . � _ �.�� �.:, .�: lst day of J'uly, 1991, by and bstween Pine'_las Caunty, F].arida (the "Coun�.y'�} through i�s Baard at county Cammissian�rs (the "Baard"j and �unicipalit�es within Pa,nellas Caunty representing a majori.ty of the papula��on of �he inGarporated area of Pine].las Caun�y as listed on tihe signature gage5 herets� (tihe "Municipaliti.as"}: W� T N E S 5 E T H: ' WHEREAS, this AqreernenC is authorized l�y Section 33b.�25, Florida S�atut�s, and o�her appla.cable ].aw; and WHEREAS,•Sect,ian 3�5.025* Florida Statures, �uthari.zes in addition to ather taxes a�.lawed by law the imposa.�ion of ioCai option gas �ax of up to six cents (5�) upon every gal.lon of mator €uel so�.d in the Cavn�y and �axeci unr3ex the provisions of Chapter 206, Florida Statutes; and � , Wi-iEREAS, that section also provides that this tax may be extended, or the tax zate changed in the manner set for�h;�and WHEREAS, �he Boarc3 has o� June i8, 1985, levied and imposed a four cen� (4C) per ga].].on local op�i,on ga� tax (the "Origina}. Local Option Gas Tax") by Ordinance i�o. 85-14 pursuant �o Section 335.025, Flozicia Statutes, effective from Sep�ember l, �98� thraugh and including August 31, 1995; and WHEREAS; the Board in accardanc� with �ha� ordinance estab�ished an InterZocaZ Agreem�:n� iaetween the Hoa�d and �he Municipa?ities ciarea .7une ld, Is85 (�he "OZa,ginal In��rloca�") wh�ch deterrnined �he zn�ti�i method and dist�ibution af the Or�.girlai Loca! �n�icn Gas :'ar,; anc E � .,.,y•;: v::-- , �, :, � �: .., :� . ., . .+ ,`.` '�� �..' '� " ., .... , , , ; -, . . ... ,- -. .. � ---, . . . .. . .� -,��;,,,� ; � . , i 1 {a �; � : � !�; k�' � r� � I� � ��, j ��r 5 �'� ^ � i S'� r � � �,,r� '' �;� } ��' t � 1 � t 'l�.��ti�il �;f ':' :;�;;°��i�:: '°Si�;a 3�"�'�{ ��� *'!1 4.tr; ,ji��', �� t a; �r}�;; �;�.i '�� };. '�, �i,; Y.S:,,.� �.�,i ��`�Y `! �����!'r T��J�.,�1 a;'i.:� f j';%. . ... .... ^'. Y :i V�t t ;��;~:� !x'H�� i 9 l�.�'N[.'+�)��C f F'• Y , e�L . �'i. .. . • � qs�•, �. _ . , ` . • �:" " r"s's . :l' Sf.1 . 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F; 1 a}�k; ^`ttl r'� .f .. � � r � . ' . ' . � . i. �•-• ', . ' .- �' t. g}'S;i1i.: ' , `.y,w i'f !1•. "� �:i� �i�:i�j+',; `i; '' :r;: ��':`, '; , . . �: «',Y`:;••-�'^ ' { '��" �eSr%..:s.r.w+7�'4^� L3.. . .. . 1. i, �a F�j�: ` � .s." . • . i����'r a 4+:;:r,.s,.:w�^�as..:.,._.._.�. .,, � ' � � :j •:i�,:::� sa";::�:-�;c"t��•i "r',"t�� :°i . �� . ........�.,...�..._...w..n. ... ........... . . _..... �. .... .._._.� .....^..». .......��...-.� '.':>.. • �' „� " �' `xrJ. � - ' , , , �...�.....`.w„'" '� I.,,,T`�..�.' , . _. .. • - ���..:�,4'�'�, �i�1, �'���:'� �:,�r. ;, r '� s r .r ;:, r+"i�"'� � �,�( �"'r ,,�, -`� . � • , . . � � � � l.. ?} y, '�1� , .�;Y� i�,,'.. , • . ?,.tr [ l,:,�� ��� � i if�'. ; a�z.:..�x�„4ti.� ir , �i� r�,:��-,� � r S' �,i1`�'!,�'' �� � . t , . . �'1; lt'��:'.'�id���v�;tit� �i�`�ySY(!Ya'����:�ijr � �4,Ye �i�'.:i�,,:♦ _ ..... �I�idk��irfiiiY�r.�'M=�IKaHi��S.•' "'�`'ti,1����;� � � • ' . WHEREAS� Chereafter Cha Saar.d �x�ended by ozd�.nance No. �;�������r � ��` . '�°?5.��� �r' ��ti•� . ,:'liin!'1 �. �'a � .Sr.j, •. �s'1' ,"� +;e 4rt� .. . '';�.�::~+'�� ��4 '�-�':''� � 87-qG the period for the le o� Che local aption gas ta �' �� � '��l '' i �,; ' �� vY x and � ,� � .:. � !�,ni .� :1.� , r`'�r;�-,,'j � ,�. �, � � ','w�f''�� > i� `1��� � ��" �4F ��`f,�'�:;.;� ;'���`�'f��', ,,s;� inczeased the l�cal o�Cion gas Cax rate trom fau� c�nts (4G) �o six �'�.. �+ ��r �,. . . . . , �-t-,,' ; . � ryj�� YFa}:L'f � ..,,.', j1`� 74���I j •, i i �� ��. [ ������'r,: r��;, �; �,:r'�': .r� cents (6C) (the �'Six Cents Loca� option Gas Tax }�ar the peried �.����'' � �{'�' �rr;:1.e°� :;:. J�r�:,...: � ; , ,r.Y.� R� 7i # . . .,b._:: _�;.,;s;;�; ��,.�, ��.'kAl.t,°'�"i.t': i[J=1 %� . ^-i �'.7 ;1.:' �sr:':,�.:�; r: r . ,':!`"�-r.,;'�,.'� �,°'�i. ��t�? ��'s�;via',. f�''' 4�� •� ; ^ `+,�s "��`>•i �Y �'r,i'` 'r>; � .�,:�Kf�,. ,.•.� , . . from Septembez 1, 1987 through August 31, 1995; and additionalJ.y impased th� six cen�s (6Cj local option gas tax from 5eptember l, 3.995 until August 31, 1997 (the "Increased L�ocal �ption Gas Tax") (coi].ec�iv�ly, the Increased Local �ption Gas Tax and �ha Six Cents .. Lacal Optiort Gas Tax shall hereina�ter be raferred to as the "Additiona2 LocaZ Op�ion Gas Tax"); and � WHEREAS, the �3oard established an Inter}.oca1 Ac}reemerit between �he Bnard and the �Suni.cipaliLies da�ed May 1�, ls8'7 (�he "Second Inter�ocal") which by its terms gaverns the distribcttian of �he Addi�iona�. Locai Op�ion Gas Tax, and which Secand InterJ.oca2 has by its terms an e�iecti.ve p�riad from 5entember 1, 1987 through August 31, 1997; and � WHEREAS, the Board has indicated by Reso�utian Ha. 9a-].GQ an �.nt�ntion to extend th� Additiona�. Lotal op�ion Gas Tax on each gallon . of mo�ar Ft�el. �or an additional periad a� ten ( l0 7 years from 5ept�mber �, 1997 �.hraugh August 31, 2Q07 (the "£xtended Local optian �as Tax"); and WHEREA5, �here exists a need within Pine].las County �or add,�tianal funds to be used �or transportation expenditures p�rmittec� by 5ec�ion 33s.OZ5{7), Flarida Statutes; and • WH�REAS, the Caunty arid �he Municipalities are desa,rous aF insu: ing a s��ble and suf f wcient revenu� f low fram the lacal ..,.. , . .. � , ...-- _ , , � � , ,-�:w-.. � ��, _�r .� �� � �� .� •s .� :� i �;.x�� • df�t:' 1 r r� � �: ���' ; , �„�,.i � 4 , � S= 1 �� � +� 1 .f, . � ��y:`;��i . 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' . p`'Y�"' ^t'jl'A'"�is]i �� 3 ry�' ! ���� �..., . ,,....,;,.i° ��Y �, � � o the a nunt and the n �'� , ���� , z�r'•��: ��� '� -: �,: ,,.;,�?:�' �, bptiori gas �ax roceods both in terms f m p ziad ;,�::-�� �,�., ( += ; r��'y �,'�� :�;`4 �`f ': . � . � �'';=�c�i�,���#f `'� �j��'T ..c.�s.� `i"ti.���:, �,:i ,•� , `-�:�''+l•.�i���3ii+�l�, s '{:�':':�i:r':..,�:�,7 �, �,' :.�,�' o�' �he levy, in order �o have such monies available for the a ent ,�zy��� t�-�F$ '� �, `'�r , r ; . �,,.,. � P Ym '�=,� �4,:�t�:�, '��. •, �a �,:";,%�:;�'''�$� �i , ' ' , . � �;;t ::f ef�'�i,.y��' �'� � �;��r':.%.;� '= -,,,"� ed b the Count and �he Munici al,ities• and ���''�'�`���-�'�� r' ';r.:`,'•��:',�i;;`.;;.-�•.;,'r of obiigation� incurr y Y P + s�� �}�a�;v�� �' ;�., ;�N•ati i�. �f•f'� .F�'�, 7i�.. :��ta�Yf-� � + � '.7�,{ �� ,� ;, s � �,.,'.t. . _•_.� i ��r:�fil�;�;.� ���.,�.;;R�•�'°'��:,� � WHEREAS, the 1990 Census figures are now avaiiable and a N����' �.� i`i � .��' ::,Z;�:�.;,. . �:��. i .+ • i -'iu i�, �d "•��'�' „�:,-�',,,` , �~:',� �,•7�;�'• ic? x�:=="`�?`' r current, fair and equitable distributian formula to bath the County �'.�ca ,+�f �:,..' ;� J��,"�, ji y.'. r1 y: . �-� . .�r,�K �vy� ' r ;� V��.4L' fl'�:+��YI.�+i..�.�•.•�� r:5 �.lialiC:��? . ; �i ,, _t., � and the Municipalities may f�e based rherean and agreed upon herein; and ' WHEREAS, tihQ purpose and in�ent o� �his Yn�erlacal .�-} � Ayzeem�nt is ta �s�ablish a current plan �or the continueci administration and �xpenditure o� the pr�c�ecis of the �riginal I,ocal O}�ti.an Gas Tax, the Addi�ional Lcca�. Option Gas '�ax, and the � �xtended Lccal Option Ga� Tax (collectively, the "Tot�l Loca1 '{'° Op�a.on Gas Tax") and to mandate a new distributa.on �oxmula by i" redetermining the division ef the praceeds �rom the Total Local �=� . . �` option Gas Tax among the county and the Muni.cipalities. ;� � �.,: , ��,_ �;'� NOW,.TH�REFORE, in consideration o� the premises and af the mutua� k�en�fit, and in cansiderat�an af the covenants and agreements set forth hereinf the caun�y'and-�he Muna.cipali.ties agr�e as fo�l.ows: SECT�ON ].. PRTDR PLEDG�. OF LDCAL OPT�ON GAS TAX �C�'EDS UNA�'FEC�ED HEREBY. Nothing in this Znterleca3. Agzeement �ha�l under any circumstanees materia�.ly or adverse3.y affect the �ights of tio�dQrs of any bonds or othe� such debt which have • pZ�dged as security therefc�re the origina� Laeal Option Gas Tax or the Add�.tinnaZ Loca1. 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' �.:' . �S..s n�.�.. t�`��}*;.': ;;';k�'t!i;';'�'•`"��`.,�;`,;�,;;::`.,,, , ,� • � Eurtk�ermore, the amounts distributed hsreunder oi' the Tota,l Local ��� 4:ti,a �i;�:�r�•�i.... ,: ._,;„ � , . i ,;��.;s";,•' i4' •.` ,; , , . ,,.1�• ',1' ' r11� r�l, �.�' i;',�'1 " "}..r, ,;;,if';;,,�,. :�s. ;_,,. Optio� Gas Tax sha].� not be reduced by virtue of vr due tv the �_ 1: : ;t, :�; s �.., . _ . ;:.: � •,. � �. � �:, ;�i{,' �,t�• . rt�;� � '� . , . . � ' 7 ����:. ' �'a ' . �:!` ..'; �4�:. d.'rL , ,�_ 5 "�,;:';.'�;'i;�r:�Fi����.�.,.y�; .. ;�''=_ texms at �hi.s Interlocal Agreement below the amount pledged fo� the �•'�.'•,;:.�; �,•:�.;..;;:.:'.':.��;j.'„���.;:' `��'�i�'';��`:�x;y#���,���!' '�'a�r;,`°`'' '. pa ent of princa.pal, interest� and reserves as required under the . -'�> � Sy �t , .'• 1�r,, �. � . : .�'`i_.��` ' Ym ��'` as i;�`.ti'::"�;�''� `� i�•5'"�r� �i . 4. �:�'.�.:'r. � ";'! �' ^�''tir`f ; : �l; t.. k' {�� S, . . �r � '`�,,-�'.°°';'�.��:.'� covenants of .any bond resnlutior� or indenture outstanding on the ��`-�,.,.t,�g ,.QS9r..�,,,� : !.� , ' tf ,.-t.. � � ', . . . � ;4>�,`•'eL..,':'';%,;��.AS� i,3''3'"�:;,�: �'•'•} ' `�'� : ' ,._� } ` "'� �'`:� `':;,:;� da�e of establishment af this Interlacal A reement. a_' �._,�.��:f;i:���t'-�°''ti{ : � :,.� ��t',. "� r�;'���; g '� �� {'ef)`j=rt�i'i����s'fis;:i •�l:-';�: �;;;"•��i.''i.(f . �' f<,�'k . �.:,�}:�:"� �`� A a '..�• '�i:�,', �-��.'r ���`�`:�`-�� ��`�}�.`4, A:'�fL� `+^4�D �1;''° SECTI4N 2. UiSTRi�UTrON. The Tatal Local Option Gas �.�.}�' • r _ .'_ ... ,. qY'.:...i. ri:i:i"NiY'�.-3: f .1 . 11ri� •�?" .}. � � .,. �;,..... , .�.1; ��,� '' f�F .;;`r,.. �i'�',:��' ,"z.-; ;"s �t :.:; �;, j��.;: �'k.l�� Yt. �_ .�1 �,� � i�_ r;:«` i:.'� ;�.� Y :` : ,� .7,_;.�. F s.�.�l,j4 tf li,)���. .� . � ,�._;: :, ;.?i�' �.. _ � ���';r ;�r s ��'�' �'. .�'�;:..,�;' +r;;±i� �� p. �"'�•�} N� i1i�"� T�x imposed by th� County upan every gallan of mator tuel sold in �y rr' the Coun�y and �axed under the provisions of Chapter 206, F1.Qra.c3a Statutes, shall be distribu�ed by the Sta�e Degartment ot Revenue directly to the Ccunty, by and through the Board for placemen� in the Lacal Opt;.an Gas Tax Trusti Fund Account for subsequen� al�ocation and disbursement to the Municipalities and the County i.n acco;rdar►ce wi�h the dis�ribution farmula attached hereto as Appendix "A" and incorporated by reference herein. S�CTION 3. USE,_ OF TAXES. ' The County and �he Municipaiities agree �hat the monies received �rom the Total Loaal option Gas Tax and the proceec3s o� any revenue bands issved which are secured by the To�a� Lflcal Qption Gas Tax shall be used and �xpended only far those purpases authorized by Secti.on 336.025(7), P1.arida Statiu�es, as amended. SECTiON 4. PRI.OR,TNTERLOCALS SUP,�'��SED�D. The County and the Municipa].ities agree that the Board shail administer the allocation of estimated cash receipts and shall distra.buta the praceeds of the Tota� Loca� option Gas Tax in �he form of cash payment tic the Municipali�ies and the Caunty in accordance with the d�str�bution fazmula in Appendix A. The distri.bu�ion terms o� this Iriterlocai Agreement sha].3 supersede the c3iszribut�on formulas -4- ,' �;�z ,, y{ 1 �q� i ' �i��, � t•; , p � ! 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' ' „3':�rt,��i,Yi-�!1� i�hn:�'.�l��s:' ' .��}.i� .Lw �'� f.' , �.�'ll ���ib7'7�:.i'�!.!: � ':"i':"-S� P�'::::�.�+; `'��"'�� ! �� , %�����:;�;y;+;,'j� °Fi� ....,«... •:�rL-:¢e ' �� .. , .... . . 3: i:i ��;:: �q`t;,�;;�';;,,, w. °'.�_ ```{{{ ,,�. ., con�ained in Che origi�al inxerlocal Agreet�ent and the 5erond �� „`•" .y,�:�`' iY�:i �� `� . �f'�k, �• ',]�I'4ti , � , ;��"'� . (��y��,��•F �31 y�:'.: r J':•k . t ��, , j •. • 1``�p..���i'{`rElf 1 E 4 , �� �,. xnterxaca], Agreement, and �he di.srributinn af Che Total Local �'��fyx ��+ ;��� ' L�;'il r'�nk•� � ' ry�•. �` �,� A� � , . l�hjyl � ` �� �' . ,�� �:., •_='•`�'.Y �•,:1. :.' ,�,.. . ;. �' �t� .^�fz�; i,i3��:�(:l +1'; �� r� ��::,;<: �.��J�►a,:;: OpCinn Gas Tax proceeds shal� be governed s��cifica��y by the �erms ��=�� .� .x" �'c,-`i'�';ti•:.^r3E' � '•k'', ",2=' . , "�',;` �� �� . ,�rj'�r.�$;:.,;'i:�..f,nf�=•i'. r:, c��`.•_.t.':. •t�l,�';A � � }�"i.A'. y >.. l-1wiv; :' � r a� +�*��' �`C. r;;�.-}�A„ -: !�;,-. . �:�.�r' of this Interloca2 Agreemen� as oP t3�e effective date he�eQf ., ,�tf �� .� � ?�� _,:1�� ��; , F�: " f.l•'`ta�`�" $9 �v��.� :, ;ti*' �!. ��F�"il...ze 7 s :.'" iya���� �.y�Y� ' '�r.:s,+� f F �� � _:�!• � `"r i � }:a' ' "�'�' �� �F'' �'anuar 1 1992 ) . Durin tihe eriod between when this Interlocal ;fi:�� �����'{ � ;�...��r iq.`� , ..�t-,.{µx ?� '„ � , ( y, ► � � . . -`��'�. ��"�;�`� i c`�' �°'`�i�je�.;T.,; '�.•��'�, ; .p �:,tF �, � , ri,..';;t��S:,P�.1�':?�� _�':!i :t��ll•y;�.-.1��.1�':,_' � �L��rJlj�!�.�.���"i.� �•';�;�°"s�T ���'�;#F�,��.,; f;:�.• ,� - , Agreement is a�proved by the parties her�to and the etE�c��.ve date ��{*��U�� •," �� J:.: r � ,����, s ., : ��� ,, � cn... f'�,+ry a �?;� i r.� k a: �:4.,'(�'T f�..��� k+'}.;}.f: ;�.i' . .i�,=F_ i•' �� e ' T:��M. ��'d_-i.' .y\� .l!!'s�• " �'�.:•.I �� t �, �-4����.�`y � s��;;�'';��.:-��•-,-� -; hereof the Ori inal Loca1. O�ion Gas Tax and Che Additianal Local � : �r��� ,��,;� � �r: :i.. r , �.,: � r � P R� ' r�=''�C' r �' i �:' o-.,ti�� .J} .4,. : • �f � 1 4`i �s��t�����e � �-�i�R�i �yff' I�E" S�>. . �':4s. '` +��:t�,��°;��:�f�r',i, =��°�� ��r,r�}�. `t�� option Gas Tax, sha].�. be ciistributed in accordance witih �he 5econd '�•�' ��'� �-�'�fi��',�� r=� :������y`'��� _: �j�:�°'�� : :. .�� r°�'� . ,,�.,.._,,. �, f ; ��' .i �•.`-;1' - �.: ,; t :—J 4Hti i1}�?M1 . ����� `�,~: � ;;i'j Mr:°,3:� �'I"..Y' � � � �' � �€ ����;`� F�rti �n ' :�; �y� s� -?..1~'t: r�: � �`_.:-�� :.; i�:";;.�'° � �°� ., ti f InterZocal.. The parties hereby agree that all distzibutions which have been undertafcen priox to the date her�of are proper and acce�table and the parta.es herek�y waive any right ta dispute any amounts previously distributed. SECTION 5. A�3ILITY TO PLEDGE. The parties respective portions vt' the ToL-al Loca1 Option Gas Tax may be p].edged by the C�unry or th� Municipal.ities to secuxe zevenue bonds or other ab�iqatir�ns for the purposes seti Forth in,5ectian 336.025, Florida Statutes,• and as set fart�h in this Agreement. The County and �he Municipalities may alsa deveiop, i.mplement and administer any o�her pzogram.ar financial arrangement i.n accozdan�e with applicable �aw and �his Agreement whi.ch providES for payment with �heir respective sh3re of the Total Local. Option Gas Tax. SECTION 6. �YPENDITE7RE �NT..Y aN FRO.TECTS �N pLAN. The County and �he Municipalities aqre� that the prajects constructed with �he Tota3. L,oca� Opt�,on Gas �ax revenues shal� be �,ima,ted to those cantained in the Lvng Range Year 20].0 Transportation Flan develaped pursuant �o Section 339.1.75, =lorida Statutes, and adopted I�y �he Pin�3.Zas Caunty Me�zopol,itan P3.anning Organization an acLaber 26, 198�. -�- - , - -----. � � r�'. '•:i 4 'i ,� r .� ;:�� ' �.� •i .r �� ► � ,. .,� l � . � � � ���'M,�M.'.� }'4:T���yr�f47t'.�if!i.v'.??yy���r„��'�s',,••xx��'�;,t'` �f.y`, r. �.`,r,':°r . . rr. . ;, ,sr:r,'t;.d.. , .�.�...p.Nr�+.a.p�.n1'`.M"r'd'47�r�.�1..4i-trFW1ylA Y'i�i , :}j s�!�ti�f��°'.ltt ,f, �. . - . 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' ' �y� re� !;i ���'I \'yi:.'�1:� �'c'i'.:?•, . � � � �i .1} � `', . , . . . �irJ�.� �' T^��, 3j �1: ��: :Y,}� ,tit+ti� IfF/i '. �� � � .�� , � '� -' �• . � _ • ��y �.��i�z 1. .;_i r�a�,t, �:5:�';<_`•',,,rr.. . . , . ; , .�C;� �'♦ .:1. � S � i �'�-n t �° 1 "t •i Y� r� � 1 • • ��^ 3 �.t'i..1;~�sR< a, ' �''� ,r�•t...i � 11? ' w . ' . . . ` ��� 1 � ='�'��� �� SECTIOH 7�. �tEw MUNrCYPAL�TTES. Any munici.pality � � �.. v%7'S.'i{1�� .,.r�l• • r •t4. s..y.n.,�;�{' � . ' �.. . . i . . . . �,�� �i.i. ;���".t,.tit��'�' . . � , �,. x{i�};�,r.r';;�+;,;r.;..,,: �; 4r. ,... ,I � � ..x ���- beca e newly incorporated in th� Caunty afte ��'��a'y'`;��'r"�`�;',.��..�-;'��� ; �which may m r the .>S;L i 7i s �i i. � • ' , � T'r �: �• r : {: .�: • r"'e +: =��a�"-��`�,��'����a;-�: '�• � eff�cti,ve date hereof and which is eligib].e for parti.cipation in ��#j' ,� . ' �p; �, �'. "�: � -'.. ' , �, , • �?��.`� �t.��7-;Fj-^i�. ,. tf� . _ � �f� � � h ; � t n.' �'�' .x •�5 y�. ;*' �{rit$., .�'�,�i}}ip ,:�i,'...I 5,� . �� . �- �',� ��j;?:�•� �• `•.� �'F �'� t�e distribution of the proceeds af the Ta�a,l Loca1. op�ion Gas Tax :�i�°�'� � t.:i,� �;,;. r,t�::;.. ,,... � ,=,t.{ � . ;t��^3 d :.C74�l�11{�,���]' 4. W��t': �.��•� ,• F :�.,� ' "'� • �' • iijt�,� °r ;"�7��f��'.;vf����=`:;'���°-, ��:��o:,;=,.�.� under Parts II and VI of chapter 218 may become a par�y heretn but ��,�`���y� .� .3� :.lS��M�.�!....�4,�is ( , `�1..�' >� ;.!i . � .y}�'�S,:M':li�r � .� ?,. f. �i. ��: ; ;r ; 4- � i � t s �s , .-�...,... ; , .:.� anly in accordance with 5ec�ion 336.025(4)(b), Florxda S�atutes. SECTIOiJ 8. AM�NDMENT. This Agreement may be amended in writing upon the express €ormal cacisent of the.governi.ng badies .�? oE a11. �he parties. , SEC�'ION 9. TEFtMINATION IF NO LEVY. This Agree;nent sha11 automatically �erminate in the event that th� 9oard dves not �dopt an ardinance imposing the �xtended Local Option Gas Tax pursuant to Section 336.025, Florida Statu�es, on a� be�oxe January Z, �992. SECTI�N lU. EFFECT�VE DATE. Th.is Ac�reem�nt shall be effective for the purposes stated herein'an January �, 1992, and except as otherwise provideci herein, shall expire on August 31, 2007. . . IN WxTNESS WHEREOF, �he parties hezeto have caused �his Inter�,ocai Agreem�nt to be axecuted. as af the day and year first abave written. ' ATTEST KARLEEN F. DeBLAKER, CLERK By: Depu�y clerk � (SEAL} . 1 � ..�� ?INELLAS CQUNTY, FLORYDA, by and through its Board of Caunty commz.ssioners ax: Chairman ,... a. _. , ._ . ,. .. . .. , .. . .. ..... .. _ . -,�"�°"`�'�.:� i ' , ! � �J�! Y� i�'t f� . � k. 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Ii � � • ^ ". ,,�•' � '.'� I;.ai 1%l � 'T•e�"°„,', � hF'u •rt, : �F �ri�.,�•w.,.n�...`;•F+:A«.r..t..S.,:7.�'.:.:..t:s7.t:,ra:.»t,.�-a,..,..,..,,v. . ..- . s�ro.r�-.... •KNr..�....,..,.... � ...; • i ' Cr'�3:i��s'„pYf ,+ :7t.` ' . 9S?� � t .. :i•,.. . ... ._�. ,....... .s +.sis,. 1::.::...:�". s�kr+i.�i'���+ a '�` Y�� ��` .i J�k�..`ss�i`�'� .f;.� 'k . . ,:etir.�F�;f"ilt'�i1 �`�1:1 � ' .��' - • ' •. . '�:.�; e.,l'.f�f �!- 4.'�. ' r:.rr, ,: , ,, f;, .. �';�<.�.r�• �,�tf '� 7':. � �.FrL' ��` �:ti' .,,�' � � ' S�,�t�s'x��" ;: Fr�.;'.tk:,rl'.�^ :.. ' � � ' ' 5:.�, `� ,th�` ' 1 � , i�,,,'� .� `.:� -"�j i" �t . .� , . • . 1� ��� c � f�'� "` ' !t r ' '"�. ' , :�1�..°.3'r:. '�li�' � �� . t,7': '-[ I �.�� �U.�.d w : , i i , • ' • . • , � ,�^ , ° �•'i��,7;�::`'.!`:�r. . ATTEST: CITY OF B�LLEAIR � `���F,�t,V; ,:s����.:'� � • , .�, _ (� � L�;>. s ti'�'� r;E�: F�.`r:: { :�-;S � . , t. • ' �p ',"� : '. ':yi��r+.�.,.",� ,: �'�' �� . �' � '• , ��� �.� =,;��:l. �� i+2,: , , � , F ��`k '' �'ci':T r'�'� BY; B]/ � �r`} .� , :�-.�4�i;�y,�,,�t:.;�; . City Clerk Mayox � � '� S:a � � '' p� ��;,�: h '� i ;Ff4�.-;,t::.�Y'1•':: M,yi� •�:1:�..'.�.4.'��,}� [SF.Pi1a] t � ' `�K-k �?i..:�`V��'Lr�'�'r�.n�.' � �s`e^ ... ._ '+� � � 0 0 ATTEST: By: City• Cler [ SEAL� ATTEST: 3y: City Clerk [SEAL} ATTEST: By: C.ity Clerk [ s�A�,] ATTEST: ey: ' City Cl.exk �s�L] ATTEST: By: , City Clerk {sEAL� � r-_. - ,r , � . � r. � � -7- CITY OF BELLEAIR BEACF3 By: Mayor CITY OF HEI�LEAIR �LLIFFS � By: Mayor CITY OF BELLEAIR SHORE � $Y� . 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' `'� • , .' i � _ — s .—._ CITY OF O�DSMAR By: � Mayor cITX DF PZNELLAS PARit � Sy: �4ay�r . CITY DF REDINGTON BEACH By: � t9ayor CITY OF REDINGTON SHOR�S Sy: Mayor CITY OF SAFE'�Y iiARBQR By: Mayar -a_ � , . ....... ,. ,..,. , „ .., .....�..:. . , ,..�. -r . . � • . � •�;,.�°"'"�„�.,�.,, f . ' . � � � �. � t ^��• ' s r� .� � ,' , � . �r� 1" � �..i' 1 �: � ��'.f [�y �� ! 4�, . �,,,. e ;! t�"'� �� �� �It � � n� +t: �'�� �� �: ,5 � �� ���,� �'�': .. .'t`,• !�. qa .a.��l:• t,r. ""!Fi " ��n �r� ���s� �� �nr!i 3�:.•�.y�.�� !ti�y"'i�.y. �tY:'rh.Sit•�".`7.' •:���. �`��i � ..•~Is°1'�3�• ,;^�'�� i:' '�e�. s . . .^iR�lntr'>,.Y� ..Sf�•i�..ef. Ir,�.y'!i'.��."t.s'S�sr �� k�� �9•.y'1.^1 k1, ' '.S'. 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F :�'��;, '�;�'.ry' . .� 4 j: i��;�f3.'.��'��' .: �,';'�` '� , }�r�; '�. �`"y .� : �.r�' �';*f9� � ,r� I{ ��is"• •°:;:'�'k5.;,-'��•.'� i: ' �A}�•Yr�� i. '�}Y��; ' :,��;;� ;�...� ATTES , �s� � ''�� '�7f :`IF "'i'�f •� . p .. . . � i '3 r ���,. r. ;��;'..�wti,.�, °«.... . CI'I'Y DF ST. a��� •�� . �..tc"'� �,, -�Yxr�?��..� ��� PETERSHURG }l� ���'s`s s°1��.��'e; j�^'j'':i•.1 �' ,`:. . � . ' :� �� �_ ) ��' �;�+� �14,.� s a Z�(+i3'. ' : � .r `S i y� f':�"i ��Fj'r'` 't� � �i i�nrt ���,`1:•��.,�`c���;F��-��;� Y: ; : *� `��'��'`�`����~�h�sK�': C�ty. Ey: r� � �yY���}�`:.�u�;:;?��." �� ��.�a �'.: C l e rk M a yar � �-., ;:� , � [SEAL] ATTEST: Hy: , C.ity Cierk �-.' [ S EAL ] ��" t :~� �' � ATTEST: By: city c2erk f s�L a ATTEST: By: � City Clerk [s�LJ ATTEST: ' . By: City clerk •;',". ;'f;t;�`;��.,f.��•,::r��=}.%��t}<�y'•;;+�i}"�7'j"It,r,:�^r31:; • 's. ,1.� .�r?�"F�,,�.rA,�.a.lt�wt.:'�.:.f:,�.t�.K:rx'�'"a"[�.`Jc,r.;1'1•, . .i - 'i ���,�•� —14— CITY OF 5T. 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' � , . . 4. � ,�1i..in. ?�:.e,�'� `.t,'i. .'�..���i'�Nti.wtS#::3.YY::tL.L1.�..C+t:�'.L`;::i'-::�:.s.t::.scr++��.�...,,,......c :;vt3:l'u:_....Y��t�.di�M�7S>.r..v.•' S =ra,w.wi,.aw���.-�.`+ r , 1� �,�yi�Aril�alitlilf!'�FMi '�.S' �F. �. .. ..r.r.� .. _ .. ..w� ., . .�wr.a�w�aWNrY�4k1�CiA�SSL\ s� iA,�,"� , •y, � • ' ry , i. ,�:ti�� . , eltkjy ;, l,� .,%�i3 . � • . . . • . L41r "' ' r � ` ' � • . ..f,-";:;��;, � ' :.; . . , �'� x� i�"'�''!'" � • � ' APPENDiX A' TO INTERLOCAL AGREEMENT �'_�',x{`',,��.'' ° ' DR7�'�Tl AS OF SULY 1, 1991 � ;���; ' ; s;' ' w�e � � The Munici.pa3.itiies shaJ,l be en�itled to receive �wezty- five percen� {25�) of the Total Local Option Gas Tax proceeds receiveci by the Coun�y fzom the Department of Reven�se anci the County shall be entitled ta retain seventy--�'ive percent (75�) af the TotaJ, Loca3. �ptiion Gas Tax proceeds. The MunicSpali��.es shall �ndividually be en�itled to receive �heir fallowing respactive partions of such tw�nty-five percen�: Municinali�v Belleair Belleair Heach Selleair Bluffs Belleair Shores Cl�arwat�r Dunedin Gulfport , Tndian Rocks Beach Indian Shores Kenneth Ca,ty Largo Madeira Seach N. Redingts�n �each OJ.dsmar �inel�as Park Reding�on Beach Reda,ngtnn Shor�s 8afety Harbar St. Petersburg St. Petersburg Heach 5eminoie South Pasadena' Tarpon Springs Treasuze Is�and E*? �ffec�i.ve January ? , , g92 C:4ATSNOACSSlC�C1,�7AC�R:;' ��1 :TM�II:GFA r _ V��� . .. .. PercenC�ge a� Total Local Op�ian Gas Tax to be Received * � .OQ67 .0035 . 0036 . 0001. .�667 .0574 .0198 .q067 .U024 .0075 .�109 . U071 . 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' •.'�7i�Rtlf.�l�7,".Y���'L3.ft`GkM�iE:13Lir➢i� s. .:ds.:.L........�. _a .,n1'3i�A'l'�.'.'. .. ..'�!'','I..�... ... . .. i._ • • .•i ' . . . , . - . . .. .,. ... .. n -s.7,�t.;...caw+c.�c!aii�'r��� ' � 7, . . ' � tE�� �-SC�� � a'' . .� . � ; .��1'���'1:",; .1,. , ;q•• . �'a�,C".�, '5�:.. '� `:� r,�, +° �°-'. ''� .�,..;'�: . .,,,� • �,,....' , ��',,�,�:;��-��,'::;.`': ,.`'j. r,.�"j_• ,.� . �,•• �i�� ;�..,2 'r r;!.iw. '`�MIF i `.. �;• . :1 ��. ' ;-�`�--,,,...,,,"����''';1� CLEARWATEA C�TY CO�UIMI�SiON � � ,,.�,��%`.ar, -��, �.�� ���:. . ;` , , k' . . y .� �'� t '•1�:t��t�:S4Gr�'�{"fI.7�,����.Y,' i i � . r �� � �Y,.�� i'�a4a�c.A?..�.1� �1,.A: " ' � � _r�' ,i„ `�dF A enda Cover Memorandum � ilom � ��•����� > � ,�;: '�' ��-• �� :..... ��. ,•.,., .. y -,' Q# 9 . ��-� ...�..��;,..��,u&.,���;:_:�.yr�r�� ;`;•5%���'Z�yf�'�. :f i�,' ��f. . �� ."'``b�. � ilA��IE�S� Da14: ���:d�''�:=i�ss�r�•:7.i'�t:�$;�s�.rr�. �'' :i.. �� ;r:. . .�.�. � �� -.�1���,���' ! ,� . ---- -- �.... .. .i � f,i;',.;r'�'t-Ta„�'',p"�.��y�Cr�`i[ , y . ' �� r, , . . �� � �- .� - . ���i��.�.�. --.��. �.., � i - ..:1�'r,4'` l:r :"4}� i•;7,y� } "' • �t•.'�i7 ��ila.,'i" ,J '�, ' .. �1 . . P`"'n 1 's . ' I' ; �.. j� � �� �'i `.. r.ty;"+�f,m4l : �P� _, • • ; .iti;i^t£t���.�t;��i���','r'GK'Y'.. , � .. • . �[JBJECi. Rev�sed HOMES Cooperatior� Agxeement '���. ,.�•r r�: i f�l: �':�r;��;' .j ? � � � �r �;fi����p�t' r"' n�.��Y;i,', Fi S ' ! . ,,�°,"y�:�i"S i; v,�,: r b,, }i.' � � �.. `si • , r . �Y'���.#(�',N: �.'�.: a.;��•�1 ', • � ^ ' . , . � �,� f.�: S; !.�' "4i. ]+� ���. : r41Y� ypy{, ��, ,'� t,; ;'';,Zr`'�t� � ��• :`' ��r'. .r1; . � � ��yr�;. �*.�,4'. ��� .�: .�«`r,.����•: � � RECOMM�NDATION t _�,,��'�; ��,�'•�':�`' ��,',ti �," ,,: :�,'.-.�,�, ,, y;;�,��;�; w ,'#;''" ' �`��'.�;��.,�,�,,.�':"y,.:.;-,:;i.e:.,: ;�,�:.�;,..�;.:,.: �:.� Approve �he xevised Coopera�ion Agreement hetween the City and �inel'ias County �``�''�.��,2;,���ti�'.��`��„���.;,; :_���: t�> +�, �. fox use of funds to be provided under �he HOM�S federa�. housing pragram. ;�, _�;5.,��'�� �'"'��•� � :.• - J'w �`z �` s � ��y �� �, ""�,; ,L�: ; � ?�. _ !' �'' � J . ' i, :��"Ft'3 �'x � .j � � -•;�,'.`'�',;}.; �"''; - :; �"`+'�� �g� Amd that the appxoQrfate a�ficials be au�lsariz�ad ta esecute eame. �,� ��'w"{. �{,,, ' ' ' ` '�` "r `i �''= 4'' ��`� �'t�:��...,'' ts f77tcli '�% 4 j' ':ii�,'t 5aF r: rd•'u``~ �.t�. �� :� ��; y.r� .^:. l+�' �3 �, L :;;�'i" '�-}.��i.i,.'.,'�+�. � '.s '.! .., !.'•� � Y.t.,t(.Ir �r ;':� , ��� ' � o �ly� ,.. � yy1•.. •. > �r2 �'s����'{� +,�;^ .jr �i. .:i•'i �' '�i :� � ' k.i6�i^r"�j,��r � wl' '}_� i : , .: '.16:�°',:d�... � r,`,'t', �,• `.µ�.�+l • 1�.I,';• � .��.., :�.,_�" 'i.,,:,`i�x;: :`� HACKGRODNDt ' ' ���`��� �, 4 .:1�� .,�;i.'F :,yj'. . '�t: �,'• '�kf_�W ' ���f� -�,: . '�';�x ,:���,��°..�.ca:;; 'f. �,.�: -����.` On July 18, the Ci�y approved an aqreement with Pinellas Coun�y 'to estab�ish ;,•��"����.�����,, . '�t�. , � '�°F.; ' � �i�'�s;:'�;��_�`;�;«'`''�`' :��.' '��`:;:�:'_�. a consortium for HOMES funds. After �hat agreement was appxoved, acidi�ional. k:gi,��'��a�`�r�`' �; } '��-���^„-."�;:';. ��''�'� ��i`'``'y�- - Federal regula�ian� were i.ssuec�. These have necessitated several changes ta ����F= +;� '� ��„��` } 4`.�;•;��''� "�'"'.� � .'i - t������ ?,.. '� � ,� •� ;��. :�';; ; ���� ' �� �_ �,'. • ��z; � .,, ;�,�:,�..:i._, ;, �.;:` '� �he agreement, as summar,ized be].aw. r•��7£ h� a ��:° ;';:: ;;�- : ; � •��� .' :4: � tt.i�.` r�j���� '�� �,- ,�-:, � +' -�x' ' .�y=:�'�"•;i'�t , if'r �'elie', i••' . f� �y��.l iY' . i �,,. 5 �' : �,A , :� ��6` � � . ztems ].0 and k]. w�re added ta sta�e that the City and County wil.�. :- ��"� �5�`;=���� � � i�: .� ��: � ��; ��'��.���-'��.���_= ;: �;���=� � ; �' �• ��. � ��'ti�- ••r 4 .x;•.;,' �,e,�•�: ��:� k. �- •-� � �: ..=:'P,,;, �:.��':� ��.;� _.�.�..,,- suppoxt faix housing and the a].leviatian of housing problams. �h';�:wa.�'t;�`"}'� `�.�y ��''`� ..� .•� k�� �., y'.;,;4;r4',f��':�{��. :"�.; i t:�4 � I S;i.�';,�;.'Ii'� �"!7{��'� !3F<= ��. � rY _F;.r �.t. :j:��"rw:,f.�t,�_t�..-';;:, -�:'�!, t",u -�'„�� �};�`"^�a ;I :�ti:� �ti,' i,��{:,',� � ; �e.... � � i���.`��'�, �i i .Y�:� T�Y i� , =- .��,,i�;� ,,:��.;{c'a��: ;... _�;:�•:,b: .>: 2. The 90 day canCe�.�ation clause was cle3�e�ed. Nei�her party may cance1 ",;.����``�_�'� :���t'� ��:�:� ;!=i, '. ,``3�:r .�, ;,,";.; , '•a $' �s-.,. ,. �,�f �' :'1 . 4,`•}.;,c•y.)e :�� s• t',-�w,. i 4' �',� #u:,,.,. ;' ;�.y,F; ..; ; Y f,,_ ..:•.c� � � the agreement . � ;�;:`,�` � � . ;�. � ;Rs, ;�,t., , �„� ."u:� / .. �.' .,. � , ;, ,�.� � �. ��: ,j, , � i�"�.��s�,�,;�w•. �' � .,_.�� s. ':p-. �,{Y .':`Fr':'.F'�iR°:••:i�� r'd."}'i 'S:t•;i!!�: } ����i�r.�ii�r � � ,. �� �;:� �•''f:-y�_.:•7: .; ''' _ 3 The term was extended for two ears instead af one. .;"f:.�;r�`rrs.'*�i�},"`�'-1': �� twl� .�'��' .' !"y • �% �� Li:. nl�'�f Tr / 14+:F^,��:.: . ,' '; . ;��'�. � .^.� �� � � •r�Y� �.f, ��t!j;: �s� ��i�4��� , i ' ' - � ;, t i ` ,?'�, i [ P.£� ;�! ,'#}��.: :I ^t �r. ' � ' �s'.E ,}.1 , . F `�. F�:a �'� t�."V....}ati `,ti,� y�1.. ���' a �..1��'� v�' �5;�'1 :r: �� , '� t'.r'�1 �: l'r�� Y• . �i ,,,,_; �•;��,;.�i ={,.:,��y;, :.� �'r ��_ .� These changes were mandated by Federa� regula�zan. The City may chovse no� �. �. -'� ;„� ;, h�:�� .•��+t��.r• � ; �•a�= i�.t + j ,ya'%!'? ;'i.. ' >;:'.,r:'-,. �r,a ��'r:?;� ;�,-;;� :,. ,�_,;� °-.�,,:r,.�;..°�,•�:� �,.,: `' `� . to participate in �he cansoxtium. Tf We do not participate HOMES fundzng may ='� ;s::s;;,�:�:.•���,�r !.•.,4. , �� `�.F',E;,° ���,�Y`�.:;f,:'?����,�� b� more difficult to receive. As oE Ju].y 30, the Federal government has not '�.�;:��; �;;'t``^''�����'��``��=:r���;x' ' >�� � �,,��'r`�r;;��..,';i,?�,i `'�� ";::.�Y, !��� settled on the amot�nt ot HOMES �unding which wil]. he avai.lable. itat��'��_;� s���'�'��������`�'= y, ,_.�.' . a� � 1-: >, •. ,•' � � . � 7, i"•a'e� .. �`;• �" �; �-. i;� j;{c � �� I. �. :`.r 5�'xo.':: ii' � � : iy �: fi j. ��Y.�,� tyz fr� ��: �»`7�}i y� : �t%w'k�7,�,r. 'k., ^ f� r'?�'! ';:�i,',�� � :,;r ���,jti i5}, 4•':� .� a j,(� � � �; � y , : ` 1':... ��k�� � "[' I! � �� �F-"t��,�Y ,Fr.fi�:.`.rf {i'�'EI . ;'!: ` Sta�P zecdmmends appzoval �f the revised agreement, and the �wo year ���;,,� ;., �e; = ��,z'z;i. �� r �.,�'� •�., :., ��� �r � art c atio co e :r� �.� �:�,� ��,� ,,,_f �,' �_�,�,'�;�,�3,.�,.,�.-.�_`,.;.���`.> ;�_:`,:;.'�xf: , P i, i.p n mmitni nt. The Com�rehensive Housing Aitordability S��at�gy ��.@?;.�;i:i4���,�,���-?a.,�:. � {CHAS) has been prepared as pa�t o� the consorti.um. The CHAS is currently out ��,�W' for review and wzll be braught to the • Commission in Se te�nber. �'!1"`� ► P �, .-- Revlewed 6y: Legal Rudga�� Purchasing �..� Rlsk Mgml,�� pIS ACM. - - - Y5 Other� City V Origlnnting aaPf.: R�rr'lIiVG & �VFi_L� pep . ��h�� AcEve�lsed: Dale: • Papar: � Nat requErod Allectad perties {� tJatkliod n Nnt roqufrod Costs; � Talal Curront FY Funding Sautcs: � � C�+pl. Imp. �.� OporaUnc� ��j �71hos Ap{�roprinlion Codo: Commiss�on Actlan: r �./lpprav�d �.� Appr4ved wlcond�lions � .� Donled (.] Conlinuod to; Att�chmonts: Revised Agresm�nt f,) Nano , � - - . . . , . _ .. �,;_ � ,.. . t;: � � � �.:� [x .s :� , , ^� .� � ' .? � ' .. . •e' .��-z K�•.s«<<��•lt'-, °t��'�r1%�G'�'Cyr��+h"1`'' iJyh"�''Y�T �`':f�#�}[rA_7rxv���' ':.�l..`e'r,- iY� 1�M_ � '��•.,��•.�7»"�.!`'•;•:�,.s,«�•�.�.., . "� . . . . . � � ., f. • ' • �`4 ^i �. ' r,. t '.`S''`''� 'b..,., . .Ff. „�: 1. .�s�. . �.7,�<,, i �.�'il .. . . , , . . . .. . , � - ` ,�zo( '1:: � e�5; . Y Y '4`. . , . . � 1.��. i Y •fi��� ( � )I � $'� .F� 0. :�r��i} ',+' . , ' . � ' , , . , .;, i. '.ti,<<�ys�%F3. �L �' ���i.' �� v ���: `p,y '%;�i5�"�...��(,?iyc'r. '� ,�...5�. ' r ,i� ii. . 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' • . ,�, ,,x � � "�>'':': � d � . : . . b��'�� rl.LtS.:�=+utV�+_, ,.�_ ...t..i.:�.�..:«.-._» . �..,. .,,,ar�:f.:_...._-,��... � �r:ai.:,.� �..... . . .. .. .. . �.,.. . ' -' . . .. J.ow.-.....�, � ' ' . ..ti ;��:I��.t�j +{t:: 2, .-�. . . . .«��.�....w � ' : ;, ti ,• , .�.; ,' '•, ; ; •�'� �?.S�.ti. .�,.ei �oi, ;' , . ,,, . •"; 'y '; � ,;�_:• •si • ����', i�',•,;. `�; �.' _ �T,'�' :�„ i{:' «.�`aP.',3� �.'g':•.� � '�,,,,,,, �;'�71� °-\� �} ,6• �,: 'E1. „j, .`� .i>'tl�i.A'��f'- ... �.i�'�'L: , �� f''''�i:.2:<..._y�;trt,'Y�.��,:"'y��:oi,' . ::+���"" ':>I�"r`''�� •'�:,�?�:``} COOP�'RAT�O� AGREEMENT < , L. s� 'f �,r- ..i� �, ,i�t.. •�;�; s;� a:�f•�� `�,'��:.���2.�jt�}'%.:: ' � :�� �QR � ��c .�: �.t ''., i;�', .. t , ., ���';.};r':`.�s.�';� ' � � � ' � ;. � • .. . HOME INVESTMENT PARTN�RSHxP ACT 1. -.�3� • .6.'�.i �'�"<•�'.;�37;i'3,.f�;� "'f�'i��.��;:�''�s�;'':,�-°l:.' HOME INVESTMENT IN AFFORDABLE HOUSING .��`'+ �,�r'r.. ,`<_-;,-�. . e . ..r�; .- �t-��'s��r�+�;�';;� :;r•.,�.� ��'.,�. '.q'�il��r�'y°��:' :,..', �,s;�°��=''�:.�.: ��� " �h� ;��"'�,;; THIS AGREEMENT, entered into this day of , =i �,i a t� , k '•.i`{.' . �'�: � ` 7�= '• r, t, , .; . ' �' � j � � � ' k.i;�'. _.t �. �.;} ��;�r�.•�r',��.���,�� ���. `; ;• �.f;�••��- r 3.99�., by and between the Ci�y of Cl�arwat�r (herein called the . :� .. �., .: -1,,. �"'.?a"�`.;i`'�;=�}`_;'��`,'�" ' r��a:'r����;�':+,,� "Ci�y") and Pine1.las Count Flarida (herein caZled the "Coun� ". �,� . ..�:..,;;..ti.�.�;•;,. .� s°.. � ir;,t,� :'����. ,- ..�. Y. Y ) • :�� .,s �.T y;, 4 ,{r�,�,. , SS`�.`uf=k�';�:r'ar'`1:r:;�' ..3�j�:,`�^,';.: �`` "':i:i C�'�i. .�� _ '.t. : ,��,F���+-�tF�'�r���: 'y�^�� Y ' 4i:��tc�;a� �.,r't �� ., y�L��(1„s�aa;�L'q. I '.�fyy,� ��Ef;� _ �::r..;.<_4�z:.��: �� �1 <,'�'i�j� f:�i �F�� ;, �� � ` . r"-' `'tY ;': b=��'�' �'� � �`; 't 7.,',��` ';>�,��';'::s. � WZTN�SSETH THAT: WHEREAS, �he Cranston--Ganza�.ez National A£fardabie Hausing Act of 1990 (herei� ca�,].ed the ��Act��) makes pxovisions whEreby urban caunties may entes �.nto aooperatian agreements with cer�air� units o� loca� government to undertake or assist in u�dertaking a�Eozdabxe hausing pursuan� ta the HDMES Investment Part�ersh�.p Ac�; and ;�;� ,,, WHEREA5, it is �he desire of �he parta.es that beginning in •;,.. Fisaal Year ].992 the County act in a representati.v� capacity �'or ����� ai� caop�rating membe�s o� loca7. gavernment and desires that the '��'' County assume averall responsibility �or ensuring that the . ,-. ''�= �� Consortia far the HOMES Prog�ram a.s carried out 3.n complianca with .,.,•,�, t��.;; the requi.rements of this Act, � � x.. NOW, TH�REFORE, the par�,ies hereta da mutually agree as foilaws: 1. The City hereby au�horizes the County to submit �or and rece�.ve HOMES funding fram the United States Departmen� o� Housing and Uxban DevaZopment. 2. The City hereby authorizes the County to es�ablish a local HOI�iE Investment Trust Fund �or receipt of H01+iES funds and repaymen�s. 3. The Coun�y and the City sha11 coap�rate in the implemen�ation ot the HOMES Program and �hall coaperate in the preparata.an af the Gansolidated Comprehensive Hausinq Affazda#aility Strategy (CHAS) by praviding ta the Coun�y tha� informati.on naeded. The City will retain zes�onsibi].ity �or those secta.ans of the CHAS raquired to be completed by �nti�lement con�unities, shall execute and submit the requzred certi�ications, and shall prepare and submit i.ts p]:�n �or mona.toring compl�ance with the CHAS, �4. The City sYsali be entitled �o a pro rata portion o�' the HOMES �unding i�or el�gible uses under the HOMES Bill and sha�7. be reapansible �or meeting �h� matching funds r�quirements. The Ci.ty and the Coun�y �gr�� to pravici� from its 5hare a� funding the �requir�d set� asi.de� �unding for nanprafit agenaie� required by the �ed�ral �,aw. The �unc3ing shall be prrarated according to the amount which �he �edara�, governmen�. estabZishes fGr each part�.cipating eritit],ement community in �he cansort�.um. If �a ent3.tlemen'L' amounts az� o�tabiish�d for the par�icipating c3,ties o� Clearwat�r and ... . ., -�, � � � ��� S��! �' ' f + 1 ,4 '' � � '+1.E��� •',' r ,I� � s °'�, ,�.. ; i i„ 5{.' a'.����'j�ti ��,�' y i�, �'+',iF�' �' ,��}���yf�:��'��",�^�y�l.'�� . 1�sMA3!�J� f''aa?•r1�s$li':� ' �'S', � .�" i, r �;�yi{Fl �'�T t ��. � � ' , .ti�rl�i;��,.ia>,i �iyf `.. , ' : 'r .•�` )� y t�,.�,.1. _' ,�L�;i���� �r3r•�i4j"x.; �".t �a•< .�r.,i,r`}y���, •�' ' � r � +` Yi '�:Y�i • . 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' ��•��S �g y j �. I� � l � �.;.r.3.i:,3� ,yf �;�'�' "�,,' ^ �s . . , . • . � . � .� '�i'�: n r";��rv'�'q��j^": ;,�+ ` Wd7'�+� �' � 1 ��"�� ;:�`r . � , , . � . #S r•� '' r,� Y t �� '��'�i'4 i.� .�,� •��. .Y .1 .. , •r: ^�f'!�. �„ i° ii• }���d. i:. `� k �'• �LN' a y�,. ' '+�,��e�f� f� `t`i* � �.;t:7�• i �«1z.`i?.''� 'r• 'r� . '.f'. . . . .'�` S� . � ` . • , . �t'w`z.�'+,.. 't�' f. ; ��i�.b��.,�N�•�i�, �n4��r ry ; 4' j.'j� }r � � ' �� . . . F'. '� s±�'�, i i + 3 ��. �, 'Y i i. • � ;v wrat',�,,{.: '�sr :r • . . . . , , , . . ��•��,",�, f.s •;�e•:,`:�r�Y•',F�� $�, r ,. �t `i� yzy� 4.1: �� .,�. i+e�t'i i . i . . , ��•� .F���� �Y•!' j yil, � !� �� � � '$t�jja'S�,�Au4V?�(`'�`yi:,�t•i ,.:t-.�,.. i�; . . . .. , ' ' ' ' .. . � f�. .t�,T'•;' rj5[.;i'f:��r• 1 i� ;��;i.l`.;�{�,i3:ji •Sf. .�.;.zi}� .'����� . . . � . . . 1� . . . ' . � . . �.�.':. qi:�..�r,p'�,�j• '�.!y.' �k -i�t -:$.I'!•.+r�4':ir��.i,1' �''.7�. �3 f „ �' `� , • t� • ' ' ' . . . . .. . � ,..i..:�."J s1�" ' `I�i"•:rT�'.i'�'�. '�'�^ i1'� � �=sgv ���'t. ,F� . !-k:j�,�,j� � 'c4�'�:�� . . , . . , . � - ` . ' ' . . . . ' , � :i Sc ,��'•f:;`�'.�t.x�r��i i'��� �r "v�J4, Mi � t, "-';,.'f,.~ � . '� ` � j:, . � ' F � . . ' . . � . ,�� • v. "�'�4'r„F��• �al� qY�`�'��� � 1` .i, =�'t � '�•�.1r,�L,:�' � . . , ' . . . . . . .'� .•?". }4::.'ti��+ '�j � �J�S` ' �,'�'< �-�;� y.s .. .�ti . ' , . , ' • . , , ' ., , 3� �i;;��y'�t'�,13��,s21: .: •�; . �, r ,�,� :ts irz1�' . •..i. • : i � , ���.� ,�,�a;'� . �i.4� � � . �. �f�; .. � � . . . , . , , . F'.'; t .. ' e'.��;1it�'�i'.J�'y.h .� ." ,, ' � .. . . . . 1`''`v :, � ;S�f��•rS'':'•1,•. y ; j �. ��;�� � (:�'r �.i � '+.,°�s.. , ' . � , :. �ti. �.'<•.` t:';�lY�t �,•i�;: . ; `�.��� 'r�;.rf}� . ' ' • . ' . ' ' ' .di��ir-; �'s§,� i' iF.f i �..., S ' �', , .1�'�i:�.�t t 'sjj'� '{ ; � .. � � : ' ' . . ' . . ' . ;'"�: "_)!�'�';k'4ky'aK��?ir,r�l i'� 3 I � �', :r - . i •. a.h .Y�, . . . . o . � i . , ;, ,r'�'I.��;>:.3ae ��l q .t��:. �, .,'s�' . . , +, ' i: '��e., �ta , ,' ., ij,; . , . . ' �a51; 4 .�,�.`tt.'�`�;i.� .r �� i L.I�. ' . '�rl . , , ,,.r��=�-''���Lw>r#.i,,'.•4;]y.. �.` � . t� . � ..._ - . -, '�'` ..4�t, , .l . ".tl� �.. ;i E. Y,, ' .. . ,� . ' ' , 4 „ � i`, .y,s jy }��� � 't�(��� � ' ` :�! f � ... . : . .<r.y�i: alr �,.. ;!' i ,r • .,'Y�.' � . ;`' ,.. ', ,.4�;,k;.' �r . . � . } � � � � • . �`'h � +� N5 t�r�t�A a `� . �u .brFyM�'w�'wt{l�:L.L:r,:..�ts�..ts�-Lwci.:.tiL1.M�..::s�«rr.......- � . . , .'.d_ .r. •..q. ' t:� � • '• •• >. "E . ;•� : ,. '. ' ' , . �. � .. .. . , . .. ..... ,-. ... .. . . _ ...�..,..��....,.....wy..++ru.ne�Miaa' � � '.�.♦ 1•i"�.°, r ti�; , L,y. �`t�`t-f ' 1. •�f � S � � ' � •is1��Y:, i,� r�pTS�3`-y��_La� '� �•• • • . . . . ,.3,' .. . �.-'�' '�{�:i�•.k:�� x'�h'c.�;� , t^; .r; a �' rt� �.. �r,. `,.' , �,_,�. . .�. ,, ;� � `••,.r, -i'�,r�^�,+�����:•�' t ` ' ". � `� s: .,`��.�'' .� • , . � 2 �.'�'.h�.�)� l:'.: .7._ �.'. Lazgo, funds far the p�.�tyaipa�ing ci.ties �hall be aiZoca�ed an the �;;-.xy� ��,�� L��'� K f. ; � �; ; j �°�; �c�r��'.�` ' ; � ir �,'.��;.7j" �?55�,,.,y q...�, ' � � basis of G0� reservad Poz the City of Ciearwater and 40� reserved' �,t•.���•�h;��'.�,r;,.�r�s��,x.:-: ;;'�:.� :`�'�•� : , •: 3 .. . . . . 'ti�ti �r. ,c i�� for the Ci.ty o� Largo, after the entitlement amoun� tor Pinel.Las � t,��;�'��},��>y, `r�,:• .� , �.�. , � � � . '��' �'�� ~y ':�'. �� #' . : � � � . County has been subtracted fram the totai consor�ium Eunding. ,�'�:�.;J����.rs ,���,�y" •. ;,� . . •. �� x� ti�. �,iY' � �':,. '` , ' � � ' ' � ��'� � "��1� �.+ � . .. . . r.�1� i' `�1� ' ' ',r'�'Jf, ���.. J' :..� s� � 51 .. • . �5,» , K.r"` � =!� - �` • � ., � : . � �' 5. The Ci��y shall have the �igh� �a real],ocate �ts HoMES �°i ;�;�r.3�� �' '` . ., k'�' •;,+. �. •. - • ; Y� , .; . i5:.trp }�' -��.;�. i�:5`�'°`'. .:� � .. Punding �o the County to be used ou�side the C�ty limits when the �fi�y� �r :'�� '�', ^��:�;.:.,��sr��� .F�•�1;�. . `, 9 � i' � ";� :'':°;' �. - - : ; ; s,.� r:,.. : . Ci,t is unable �o use the fundin due to �ack of e1.3. �b�.e ;`� ' ,. . . •;����,� , s Y g 9 P7ro3ec�s ,j�lr��,� � �: '� •�t�'�:=,:``'�:`��� '; �" =�r� '� or matchin resources. A sahedule far zealloeation shall be ,+���E� , f,� �� "r�"` `i�:i'•t'��°` �� .�,:.. � � F�r',•�,:1' � g i,�� . ;r� _ ;���•� �,r:�-� ,': mutuall a reed u on to a13.aw HOti�S Eu i be d e re ;' ' ���, � ;,,�,:. .,. Y 9 P nd n g to use b fa ;��;n���,�,� �. i� � =;��'��•.,,4v"fiZy �F�i � : ��i•f.�. ��' �ealloca�ion by the U S. Depa�tment o� Hausing and Urban ::����;N„,y�' rt �s °� °:L-��1���r''`''.='�r��1``' '`�l�s:. :;;,�''�:� Development to �urisdictians outside Pinell.as Caunty. �,:;;s� a�,�`,ti�4�,'}"� ` Y. , 3�.tl'.�"i�' �'l` .��,s' ;:�: • � :i�. "r�.iy��*''tS i # ES,9 S. ,. ,�.,F `= r � r: ,:,: � - ' , ar . �' ; , °' ,� � : ` °;- '; :'` ;� ` � 6. The City a r��s that Coun� or �he o e a1. r���~��� ' � � �'' �'`�?':it;�S��t ,{�, "q :`<; =;�:°:,' g y a x co p zat�ng ].oa 3�., *f � � { j''' ,, ;.;�;; ���: :c-�: government HOMES funds can be used w3thin the City ���aits provided +'.. �.�.r�?•��.+�.1'�`,��1�..'ir��•., , t#4t��,�'� +���}� ���•' ,��;�;*,,�,:�e;'f f,:��:� ;y;.`' ���".� such eligible HOME activities are consis�ent wa.th the City's r��'��� �� ��,� � �` �{ �' ' �`. . ,�;<:,;; ��, :,;,.,..�� -��,' ..; ,�,,..� ;�� ,;���• s s. . M:y,::;:° �.�.,:� _. .•�' adopted Comprehensive Plan. The County shaZl be respon�ible for ���� �; ��-'?;,;�l��:ry�.-;c:'',Jt:iP?i;� ....Ft�.t-;�,, ' f l�:ii 5�",, '•a Sbt i � ,..���, -..:.t;,,, . :�,':,. E• � ..,• providing the matching �'unds unless such project is a �aint pra�ect ���. � �� r, ,rf i,, ��t,, ; ,,, �. .., . •', ,�, �;.5�,• �f�'���� � ., �' �,;;�';: ;. : �;�, ' desired by the ci�y in which case the City shall share in providing �r;�=���t�: � ;,;,t •� ; ::.;;:�i�; ,.�,�; ' �., ' -�E:-.=:;;� ';.� "_ �t a�.tr; �r:;.. ; ;sj, ;,��. %'.� : ;;:,, �;� , the matck:ing �unds . �fr��::��9� �'�`;� � , 4,,�f .'�- _y..';:�.L�? �' ;r;,i;, ; ' .� {-�" �� ' ; � 'SiS+�'��;Z.`..•o=+i,'�'f�i'' .��`'f'"���� � # i •Y'� �..�i'�'i': ?'�' ���'r.. ;j �;"`- ,�.�� �i�'�jj;\4 k � .k �F � '=f:.;�;. �;�,4 �,�, �`,r;' �� 7. The Cz�y and County shall enter into a written agreement �'�$ _�� �:�,�R �s: ' :, : �d, � �� . , � �� "; fr,',,��; ; ' �':�� :,i:z�•=�a"���� fo� each pro? ect pursuant ta fedara7. requirements gov�rning �he � use ',�a�'�'�"'�' �' ��} ",�t,;;. •'M :'�,� }'� ���:;tr:?-',�;f'1� '.��,;i`:�'��'�;-:°� af HOM�S funding, ensura.ng campliance with certifications and '������,��.�� ` ', :�: �-.- ;�����, �E, � .�� �� --�i.':,,,�:'��,':�'.�: g-=?�� ��� ��il`���"�, � federa7. requi.remen�s af HOMES such as a�'�ordabi].it re a ent ��.-�€,�y 4' �. �' .� `, Y ► P ]� ► .:�••-¢ ,. � . {,T `• �� -3: _ ''.4�.T,r. ,.'; :'� 't�+ �`i''i+;.` )'i� � �r'�'yj�,�7N t'., , ;~ ,,; �" �:{�:, . _:;�;-•..� `��� `:;.' housing qual.ity standazds and ather program requirements. �,°;�:�f,�u �' T: • r. ;�;,y' i.. . - �'~; , ' ,� r+ r i ��'�+.s3�'•�:4+t ;,�a�.y, ';:ir�`;5�,� ', `°,�"�f,�� �� +`;y ��. �, , .� ;" ; �;-; ; : �^'r'=;. �,` �_ �' i' ': �+'���i.''��. .,�*� �-. x�`:�� � ::u;.:;.''a�.^,::;,s�;;: :,'`•,=:� ;����- , °-�'' 8 . With re�er�nce to any program incnme generated �rom the �,;+::�� �',x�' �f,t�.�:�';.��• ��', .7 .�' � :. � i•d � N„t� � i: ', v +� F��; . _; „L7' � ��,��,qf;7�`�l��r ��,t. ..� '`•,�,� ;K:?.::�f.�• -;r;i ;.ti��s,��';,�;� F H�MES funds, �ederal regulatians shall govern placement o� HOMES �.�°�'.:7��� ; i� s����a, 'i'*�' `'•S;r �� �S ` 1�3. � ,�.�. � i5 1 � S / � ��c' .r�� -r r�� � a,,, i;. � At�.���•c�'y. 7�Lk. .�� ��'� .��4:���,'����C��,, �''� �,��}}'4,�:<� repaym�nts into tha Ioca1 trust Eund. The Caunty sha].x, i� "� �-� �y ,;�� t''�� �'�s`� � ��' �f [�..: ;`;��;:��'`�,7:`,;,=>�:`k,��' �;,,;�y'.- ��;.,; r�quest�d and ta the axten� possible, separa�ely account for 1���;�r��'�:��'t�� ss�:;, :. �. ���r �, "'<:' `-.� i�i'''�F%'Si4,i}1�•.�1"�;.�":�.-.; ,y" . ';:�,.:���i9��.��;f�';1�'�w[:'�' .� � :�:,"i:',,;._{., ;'�,•.'tiy::.y'�4:��s:��=t: ''` repayments on City projea�s. �2epay�nents an Ca.ty projects shall be .�''�,�:�.r.;.•�°���;k���'�,:. :ii .-.'�F••'I • :.f� 'l: `?`!�e ����• r'��i��.''•'� v:..�V•' . ' � �•�.; � .: . K l �;, ;:, =��,i�3 .r:r �F'�' ti � : • .��,'.�.. .� �tii .i ...;. :i lf ' .'.i���. -- �� �'+"r �� �:. ; �.;: i:>�.', �z�r.,�"�� �.�....3� - �;r.; •,.�..., , .,,,e�,,,;i.. available ta the City �or use on ather approved HOMES activit�es. :. ,: �,��,._�,f,�=.�;;'�,; ,_s� . �;'�:'�4 .;�;{i`.l�i; �!?S:'FLi a�,y'.i}��_�`3Z����tt7 �°'EY,{^;'�y'r�y� .�.o-"" �?$,'-.r\, ,,.' � :i ( . :•� : : . . 1:.. i". . �-T!''l � I�rr.,r�: �,.�, .`Si.,..` ^�`� .�i .;t��� ii •F:';--��;`F. , ,`•L,i �I^r�.i��f%i,�'t '`�'ui; �;r;. '-:.��,,���'r�;;^p�.�.7�,��...��; �;�,;, :_�� 9. The eity daes hereby agre� to in�orm the County, in `-�;F� �:'� �;�;��,y�;�:, �'���:r , � '' �?�'r°���. �f�:rf,+,'- :'i',z:�:.=,'� '',':�;� 3�r,.'���i� 5• ��%�� 3 _.���.�� 7 f� <:,� :�.: r;,,�> w itin o� a inco e e ,�,,�.�.���..:�,��� ;;�. ,t.,1�;,,;��; s•;,�;� ;�;... ;-� r g. ny m� g nerat d by the expenditur� of HOMES funds �r{ s'=� ,r,-, ,a, i. , �;'�� �,;` f;�,��' i,'_�,,: G:�`s,s;.s;.:;`;4;';,�� received by th� Ci.ty, and thaG such pragram inc�me must be paid �o `5`�'4��� r`�=F.'��;�.��R��'�y�G;- i ,1w� �,� -�+ ;s ;i:3�+��;°. g, :. ',��, .t('�.`.#,; k:(� ., L:� �.`a'.�: . � :..�• ", 'P'.t.��':u� 1' "7r'::. -��. ;, y:.-Y?�;��f�: �„;,.�s;r.:.}�.,.:i. the Caunty for d�posit in the Trus� �'und or may b� retained by the `�'.-• ���,,��t°�.<<,�, "�1i's.;�t ����. Z��,.:�3� �:it.�1��• ' =:i•. St!`.s�,';.�':;3it� ���'��'(�r. t}q`�:";�f r�`r;�� r=j�'�;;:4;,:r }.;;�;tit: City only if i�s use is defined in the separate agreement and ��r;�;:�;;�:�; •�,�;t�i��^�"�;�r� ,f5j rty y �. r � � jl i' e. �.'T.: S� ' .f"` . : �.ili �'�-�-�":�,�'�� �� -'�� �. a raved b�he U. S. Ae ar�ment oi Housin and Urban Develo ment. ��� � i�.���k��•-. ;� r�l �; ��.a, � .�;.�� : �e: -'- ,�.,, PP Y P g P i ��))�'����=i� �,t�:�:�'• -: � '�:::°� ,.:.,.� �. ����� i',� , iy ,yit ;� <��.,.,-,^reF..._r .. •�: •,'i,i>?'''((a 5 ��,,'a..,�'a,�,e:�'.'• .� � 9 h���S � ��'i'hr��.t, ' �•..}Yr �:`�'.I l.�1�t.,+ 1;�°. �,•f �'1 trt +5�.��i.Yl[i:"'; .i �"'. i�%�C.T� ':R��i}:�'.��'a �..._,.t��wcer.=:, .;,��;�;;,i�#J„ti�;.,f.r. • 10. The City and the County shall affirmatively �urther �air :��iry' �;.t�`'9:tit�'�,�� �r� •', ���`'���5�#:'''�����qs.��,, ��L'�`''�1� '��' • housing. ��:x;vt�5�` Zj'�,,.%f" r i�.r, i;' �r�4. 4 � w tf��A1��e�.S'4`3A��]��Y4..�.'� .at�l:`n'liAi;�i�',►�.�'Y.�rK.:.�i+J•��'.d 1.z. The City and the County, as parties ta the cansartium, agz�ee that they shall direct all �heir activities, w�,th respect to the consortium, ta the aZl.eviation of hausing problems in the 5tate of FZorida. 12. The City and the County agree that each wil�, save the othe� harmless due ta the negligent acts o� its employees, ��ficezs Qr �gent�, including volunteezs, or due ta any negl�.gent operatian a� equipm�nt. The C�.ty and the Caun�y shali only be obligated tu defend and ho�d harrn].ess the �ther under this Aqreement to �he ext�nt �hat each may he held J.iable und�:r Chapter 368.28 0� the Floricia Statutes, as it may be amended fram time ta t3.me. This sec�ion shal2 not be construed as wai,ving any defen�e or limitatian -2- ;,-�,:I---- _ . :� - .�._.... _..___-------r-- --- . . . . , -, , � . _ . . . � ��. : �'�: =�� , '. , - � �., � � ��� �.� ;��,� �r ; .� ��:R:�� y �`t; r,; 1L'��'( ' �� � �.. r,t2�. �` � � �. 5 � 7 +:: vw'; r . ,r,p;�t .�: � ��.� : � � '' .=, � �,�' ,: �';��'c:w,Fi�'�I'''���� �i � y� � .��--p--•-•.-r--,�.�-T.�_-� - �1 �b. 1�.�� i�i..r?H�... . �•yK��" ���wl•'.ly.�n�lif���s.i+f���f�, .y�f�'[. �fr�-#i�`=YR�:.'�eYv";S'�S.i'°.�Sa?!.l:,�N,��,'t'�'*,"`..'9Yr^bN';" ,r'��' .j� .�a.� ''3'.�� �•�i" . �i' . . . . . ,a�f",�<Cifr . . �.,- , ',,t.�rh' Ylra.t..`;'�'S, i:. . . , �a, . 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':i' � !rlC.S:�rhdtx'Fs'��.�..,�_�....... . .....,...ia�ur.�...r.,......�,. .�........ . .. .........�.........�. .._-..�........,w • ,'�'�ly�t"'J,�` (P7��'�' �. :�:r:. ..aw�.tir.....^,"-�..w:.k� ,,•. 1 �;�';s, .: . `��� "1; :.p'r;,.t�,��'�j,'�C,r.3€"s �Yi�t.is�^`'� i':� .'.' • ,�.,�w�;::r4 .� i..�. .1,.�� �. j., . , , ,.,::.ts,.�'���i;•��`.i 'f�f��''+ :.4�. � � �, '` 'n_; . li",f,t �'.}'i.+t:l«,i'1� _ .i "1'��K.:�.��!• .,S'.'.'�.:,'.l�� ' .i•V:' �gf{'.i. 1�4t=.���Y�w)�' '',=':Fr`;=` '��'`Y• •;,r,,� �• t er r� a have a ainst an Glaim or cau5e oP aatian b }•:''~:;�x'��`''�f��� `- '�, ;.'x• � whiah ei h pa y m y g Y Y =��� ,s"��" 4�'��� %',.°i ��r�,:; . ,• a��� a,.� �� jw :},.!:, r� „ s..;,' anX per5o�n not a paz�y to �his Agreament. �:y��,�j .,�.�, }. �a;'� ;:. '��'--.f`�t�;.�. , . . .� r, .f![ •,�y ,F..�M ,J� �'Ni� .•�f �Y1�1 y�j�,q�e.. � � � �,, ��.� 4�1���}} �• �4; ... �y{��� �`������'';����:�`:-'� :�".:. �; 1.3. This agrea�nen� shall be i� effect through 5eptembez 30� �'��°��'�� ����x��;;';,. ,s•n :;�'i:.i,•� ,�.,z;," `, . - � � !�,'�:-'�f �� `�t�`�' ' : 1993 . �����,. .3 %! . �� . '�.ti e' 1;,. 1�• ��� 'd n• : ,� : �. '> �. ,:. � ; -c� r. .� ';�� °'��ti;.Yt `��-�' '��� '�: 14 . The City and County agres that this Cooperatian Agxeement �x;������'��,� � �� ���'}''�� ������;;`'� '`� �� ��' � 'ma r� ir� m�difications wheh fznal re ulations an HOMES and CHAS °��`t;�`�'�""�� �: �;'� �� _�"' �; �=,: �.,-:.:�: ._ �` .: �, �.�} .•j .`,s;;:�;`'� �'; are provicled by � the U. S. A pa g g �"'�s`�i�a ��' ; �.� �?�_ . ;� � r �, e r�men� of Housin and Urban .,,<; .�r� < ,.;,'�:':'ii';7"��i!!'�i'�;:'�.. :i.f.i"�� �i�.i,.t'n� ye !9 '� �'�'f • ;�¢;:z,.� `•4''�t:_.���� deveZo ment and wiZl coQ ara�e in executin a revised ar amended � .<<�s� �� i ;� . ; P p Ll :��� �� ;:�t;';''�ti��.=�;:�;;•���':'t•tr'�'�,? written Agreem�nt acaeptable ta both parties. „,z;�t�� . . , .� �N WITi3£SS WHEREOF, the City and Caunty have executed this Agreement as of th� date first hezeintoiore writ�en. ATTEST: I{ARLEEN F. DeBLAK�R, CLERK of the Circui.t Court SY: Deputy Clerk ATTEST: City C].ezk PINELLA5 CQLINTY, FL�RIDA� a politica� subdivisian, by and through its govezni.ng body, the Board of Caur�ty CQmmissioners BY: Chairman CITY' OF CLEARWAT�R BY: (Appropria�e offiaer/Tit�.e) Counsel �or each party daes h�reby state �hat this Cooperat�.on Agree:ner�t is i.n accordance with State and local 3.aw and provides fu�.l legal authority o� the Coun�y to undertake or assist in undertaking essential corn�unity devel.apment and hausing assistanae a�:tivities. . .-.W.. . . .: . �,•,�,.� . .: t -3_ , Coun�y A�t�rney City. Aictarney � a � � � � � ���` rp ^�I:.'.�lry�•N!' ::ta�.r..aL. r... . _., . . . � ' . a , . . . . ` � » . e.•s ��. . -� , .. . . .�. •.. i� , �r<:,.z.�. . .. . ,.s•a' . , ;�-..,.; • �,. �,1 . �; • , � .��,:r . 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'' F1 � � � �• .,', , . • .+' / � ' . ��`; : ,° - � �� �.� CL�ARWATER CITY +CQlIAMISStON �, �� ,'�".;.`�.';f• ,,, �`���'�'� � ''�% ';;ry�,' ,.� • `. �. ,•i� e i -. � " �;; �r_�r(.�� j���?',`:�� ��aV.. �:�� „ .. �_"., . .. �, Agenda Cover Memorandum ��am k . .�,�� .`:�w: .•,����,�s,;,f� .z T,• �'. ' ���, � =r.•�� � l �. '`�,-.. �rr4:;��.;;`��;' ,.,.;,�ti,r �;. .. . ' ��:�TEP���'',� � Mfoeting Dato• $/15/91 �,-'"'�:�x �'�w`'',`'�` ;ya;'. I=i',, _� •:... -� ' �' ; ..�7;,•: �r'-�',•,.:..• , ,1 . �•i f '. ,: t' } � . }• ' . i' •;. . ,'t?,, fi'•.;,,�%. ' 'f.. y', -Y� s} ' ,t: ' a 'r'.' r � �i3.`ti� . � .i, in �":y, ' t, ' ir,'��'�. ° t' R�7� k :',.+•' �. �,t•1, . ,:, s ' :, ; �.•. s..., a q• t�. s'�t�' r K1; . ��� .�i ,• "yi.�.�i:°* � 1��.���'. �`f„c: .;y: ;1 '1�i. :el� f. ��•zj;::� 'r4{,�4��.;S��t? ��� " � � . • � ' Si��JECT : A reemen� to ente ; �� ': ,}��,f�',� `'� �� �' '�� � I: �!t'','r. �,;::'4 . ' " , � X �Tl�].�.a. Housing Pragrarn ;..�,.f�:�:` .� ;;.�rrf���y4.t': �::;�; •. , ; :,�f1: � � � fs� � •� LYy. tY �. .. t�' ;'I It' .' � �ii' , �.' .,� : �'.� �� �S ��wy �y �i'. i' .�5, , ;.' � .,�.' � ,. ' 4 �'.'! � ti�y�•"„3. �: S�ii . I' :i `�,_ :':a:, � ? . .7 'i�wa:'���!<�..i�3F�� L-y � I' .' .' r";1' w,, . - ' t� ' fi�`'�S�r y��' -: `.' �f�::�;. ' �: {.g:y ' i.' :{J ^` 'ti :n ; �t: '�,�J�,f,! � • `'' • N�rA `51;... Y.�o���'41 5 �� .. ,`� -� „ �a`. a �� • R�COMMEIJDAT�nN: A rove th� farma� nt �hP '�A ree e t t �� � � � � i., � ,.•., .:- � a: ;;, �, ; pp g m n a Enter , to be executed c`��;;- ,e�z_ � E�'E j :}��•` � •=.�z,°�'� =�� ��:;:'..�� sl�. ind�va.dual�.y for ea�h cli.ent whQ en�ers �he Infi,11 Housing Program. ��E;��.l�-!�;,� '�'� �. � A�t•:i�' 1,r,' �'� . ��): . ' .: 7 ��zY� � � ���' �'�, •,( °'.� +:{ w'::�,; f G.Li. � � -.� .i :7+..' f' �, f•' 1- `1;S �; ¢�,Y »`'rYi . ',. . � rt,-Ati.r- IY•:. 1�1. ::-���� y.�.;.•;:``, ;.�`•'�,':, "'�" ; �x� And �iia� the appropria�e offic3,aJ.s be autharize�l to execute same. �;�`r,�';�`�'�"�.:�.��j�`' ,`,;; �'s ;�l1.Yj'�IeA`�rt;;-;;;15��." •.l.°' ;'; �' I .;, A'' 1H,:�;^����4�,���'� r� � ,''`•�1•�.*x'A Y ,i°�'�1�.�1se•L��,�S;:,:':"`' �+���l��:Sl:..'f'f�iy��i'{,' �, �. ' ..�ii� '��rLi• � if,.:.,�z`. �, � .�} �iti.` o.iLF`.- `r.°"��,���' i . ,,. . ' 3 r ' - ? � o �.��.''L?`r�t ' '�i , a.� .��;�'�,�;:��",;;;���"r'::"`-`:�„� HACRGRDIIND: The Infil.l Hausing program is the new construction aompnnen� at ,�;:�;��c����i�'���k� �"`'� � , ;`�F:��,i:`'= :J'.'.S: • ., ::,;;y.;. � ,:�;,'`�� � the "Cha e �� h Cit lendin insti� t o s '.{• ,.,�;���.;�� � �, •:� ,;� ,�., �.; k�,� � ��i�:;.' � 11 n e Z000 partnership which j oins t e �.-F,..;-=r�;� �� y- '"�:zj �r, ,,' �.' �� ..;r';�Y:;. . ; g Y r g u �. n �...,.-�• ;� � �� �,. ;!',::.�':���,;.�.:;;�� ; ;� � ` 7��,. and Cl.earwater Neighborhood Hausing Serva.ces. :�y;,;!�;:�;i�c�j"� ����}}� , , � .�,; �`:;�-;,,,$;�;r' ;,s:` ;�t._�fi . ;�,:,•.. ��.`#�1�,r ` � r�s� ,��F, .� '�'<t�� � '°A' #:'v.�:��< : [ ii:f��'„ i (.i ' ` d.✓'�y�T . .y <i.. S' ', '•'`° .�,. ��M1�, � �:;� �� This A reement �o En�er s ;�;�''r�'��t=w ��. �',��"��' .',�F;�:,�';;�cK� �;°�.;.,:s•r,.:E�" ;�F .,: •; �`. , g ha been prepared �� estahlish the rights and �sx�„� s��,�,,�>. ��:.. � �•'����'�.:'��.� responsibili�ies at �he City, Clearwat�r Neighborhood Housing Services and the ��`��='��'r�r°``2y?�'��:._��� g r:i•te • ��';y�':: ..:4� �, � • • : 3 i. L• '. � i '�' } � ` � � z ��� `.it � ,r S j�. ��.i i �.i.'t �,'i P � t t ��'�f' 1'f�' ��:�:;���� �4;?s,; ��,�.�..�;, al.ients who wi11. buy the new homss. The �niill Housing Pr• ogram is highly =;��`�;;;��."�'��'�y �,�'�{�� f'A, 4 ;�;E� A t � � f �1. . �' � ; .' . . ,µ: �e" �. • i„ KJ F f}6'Y . i H i � a �=::;:.t;.;_=�;�,��.::�,;,x:�".�;=:�,i..=,:;,,,���: individualized, wi�h �he house and lot selection tailored to the client's '���1�.'rA'fi�'��'��,rtf���� 's f �: ' �... r��:.:,.A;,,� ,, n:��.f,�,.,,i,.1 . .4.:,�,r,,;�4 �;6,� ,� � t ;-�:;,;;:�r;,,:"�:��µ�.,;��;�;���;-,��,,;�...,�;:�, wishes and �inanci.al capabilities. The purpose af �he Agreement is to ':J�,r.ti,�,�;��,�;,.;��.' �` -� :�;��rtisf �y?��?�`���4,=�-��%•'�S���f��"z�� formalize the steps which wi�1 lead to homeawnershi beiore an substantiaZ �3!°:�,�"'�°:�����#�'�"��'��:''� � P Y .wv �� � � fl�,� �`>�'�' �- =:�`a-c:°� ' rY: �`�����;s:����:��� funds axe spent. clien�s wi11 ba scr�ened iar el ;'.r �F�'�'`���`�',�-����,����.:�, �;'J, �;r,;t;;: _,�,��,. '''; ;•<�.: a��. �,�� iga.biiity before the i �s�.�k ���,^�'•� � ,F�jh,,J_ ":+,: f .' se.�;i �ir'�. 7 -is' rs�,,�::':i .�r'•:<�a:�",N:+ � _'�;t ru 1 r t,." �� ,,,�,� _, ,. A reement is resen�ed and onl. those who have bee .,=s:. �<:��' '�•� ,. `;-,.: � !:� ` y, g P , Y n approved by the Ct3HS l.oan �,- �w�;��4;,�°��_' '�° �,';�''�,�;, r�. 'Y��r. ��Y'f;;�.,,i;t.��t. committee wiil be i v�e 'Y��::�-�>�"�•tr���>�.�a;�y�.,�,,k l;,. ; ; . ;:`�r ^.�3'�::1�.:.,: �: ;;� n x d to enter. :;,.;,,.;.;,, :A,�^,,.�� �, *��';' : , , .! ; r:: .,'� ; � . ' ,- =,�.. . -� , : "��'t;;:��.,�,::�:,�. .�, ;.,; .u,� ts�;�:.f. . .�,� t�'s�.:, 1��4'°'y.'-�5�:�, �� x "C- �f�i :.1:=� :. 'iY� ,^.'.E::. A�f%:.� �1's,: i..11',i . t.. a'�l,:va.,.'L:;•' ;i 5�; , �� : �`i�' `x t���" pXi -.`..�;^"rs_r•���f' i .� ,4:,.� ?,,�.�l,•y . ��k � �f, � . � ,.t:�� �; n '^:; �.;,t y,;,; , ,i s�. � � ",�t� .,`. • ., r,. �i, �,I;„�;•,,;'i,�'�:i'i F`�3�i;: s:�, i}'•.�:''�3`�Fi; :. � . . :� _:. ,z •�1 �Ny� iT�i , i'].�'i�: ,�„� M�A (\:•i��,�:[.,i... ;r: ,s;,::.� , :..'s;�:�.".�Ft�{� �', i�;.:i`��,; � -,,A'�, ;��-�,A3', _;. C �� ,{ r ;t �; `£��Sj�'�?•.'F�ik4,'f�f �.�iki.,j�,;', .. � .: a�' �� ' 4i.�� R� s' � �'�f�'��'O '��'k'sy*, yrtR,,n.,, S�'4 .�, *.�u,1+F'r _�F�;!,>'''•h.�""'' t� 'r �Yi'i����'.C•.'rn �,�:i. il3t�_y . .:'� 'f':.: . � At the present tim�, sev,en c�ients are enroll.ed in budgeting and h�me maintenance classes. It is �xpec�ed that all af these clients will be ready to formally enter the program during tl�e next few weeks, fisviswed by: � Legal Budgel �� Purc�asing ,.� �Risk Mgml. D15 ACM. 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Y ;iY�`'ry'.r`.1F\�,.'i' -1��:.!.•.' !'r•�;�:':,51tljr"�'' ' �r� � � �k ,.t � ;: � •i. , S i , , . � w�s�y� �� '� z :?�,'„��'r„'�•' ',;,t �ii:. s� ��; J} �ii°� ! f . . ��;J x �• � '�'�,;�, _;,� �. '.'.;.::.F' �,, , .:. ^�..``;�' �: �;;° THIS AGREEMENT made and entered i �o �h '` :�. ' •: '� 'z;�;', �:�-,��:: �;.,�,�,,., ,'��,^;�`.�;�„�;���:. n �.s day aF , ��;5�' ti•4 • :. j . ,. 1'., � � , f.-, ; .. �'.� �f.� 4`a:,; . • v.:K`', �F . {���`?:�`x'.sw.,:.i„ ., :j:t, ,. ,ty ir,�.t�•.� �� �• ' � �5 t .�i:iaa• .. ; 1 : k.�,iJ.�i:� `� j..:. . ��[: .t�L Z #,.,�f,�s.�..�.;�,t;i,:`,'�x;� .;,.� �,.;.y.�., i99�, by and i�ei:ween the City of Ciearwater a munic� al. �.�r3�;:= ; ..,, ..�,r . , i ,>;-:��: ,: .� . � .,, . P ` � ,. ,' e.i�+.l•�.�'. �'sr,`i:. :•�i:'� }1 . p . 1 3 ..,. ijy! . 7' .' i�:��[,.r,•in ' S1e • .f ' . . %�.1�1' � ..� z '1 ty 1 ;�`.;.,: r,. : w:r�- :,;k,� � 5;�;� N..,.�,:� t,:� �;-,�?',;: h inaf er ref erred to as ci� whas ad s �� � `�;'+ �,s �s. � . ��;�r:t.� . ; �� cor oration ere t �� ,� �� �.� r ., �S"tr, :- •Tyi �_.•:=a., �:> � � p ► y e dress i. ��.. . ._� .1 • �a�.�-'il:� {) 4`.,�, S'� a.1x i;''`'��;:ik� :l. ✓�'�:�.i"4�1 � 1if! z;�' ::.�.e-'�� `. �7 !� �l''�,.y;��.u�':E�}y.� w 't ;y .e �a#'•1'�".�:;.�,'�-r �ti w' � f � `S U�...�.. �,'•Y;�':;;h��-N���;�.,;,Y�;� �:z.;��;;';;��,�,;,,_.`<,;; P.O. Box 4'748, Clearwa�er, Flarida 34618, the Clearwatear ��.`��r � ,i � ;. 4�.}, +;L' t� ,v,: .r.'. �_4 ' �; ;:s.•: k��' '�'.i � y a.-.{,.t �', .F .�:':�':-.., h �� .�� ,� �,�H:•. ; rr-.'�.f� t; ��'�- � �ti�1"=;'?v. ti ;'�:; ;,�;�r� �;A.:;;i'.,:,l�Yf:.r H�„•.;r���;';,`� Neighborhood Housing Services Inc. , a nan-profit aorporation '���;�;� �� ��. , x'•� I� � _.:.• f-?:'.'�n.:��glc%,'.. .. �! � ,:s Y`;:,� he�ceina�ter referred to as "CNNS" , wnose address is 1002 Nar-�h ''f''� Greenwood Avenue, Clearwater, F�.�rida 34615, and �Yr.� , her�ina�ter re�erred tn as �tClient" whase address is ...; �: rT WH�REAS, �he Ci�y Cammissi�n of �he City of Cleazwater has �, �.' es�abl.ished �he zn�ill Housing Program, to provide affordable �'� homeownership oppartunities fQr l.ow and maderate incame fa�nilies F� �{ and ta stabi�.ize and pr�serve �lze Narth Gxeenwood neighborhoad by provida,ng �unds to pu�chase Xand, funds to zmprove the streetsCape anc3 appearance ot new hom�s, and martgage guaran�ees through the application o€ Communi�y Developmen� �a.00�C Grant funds and othe� �unds availab].e �rom tl�e Infil]. Housing P�oqram �o enab3.e new canstruction of single family hames in th� North Greenw�od neighhorhaad and; WHEREAS, C1�HS wishes ti� Facilitate hameownership in the North �reenwood neighbarhood and i.mprove the hausing stook and oonda.tion by zecruiting and sczeening clients for en�ry i�t4 �he Infill Housing Program, preparinq l.oan applications, recrui�ing private CDO/RGREE. IiiD �. .� � ..; .. i-, ,. . , i 1 0 .� � i.', r I (' .. .� r; : ,. . �. Y ��,. � . i� � � x .�, � �}a�s� ;i 'i�,a�?� :;' �'� � � _�:�'� � .''! g Cli �� .r "; ;c:: ' , :�.,:, 9 . ^'l � i S � ; t�� �. �,. ,)f� ' (�;��`'L }�• �I'���jt: +'�' , ':��r�F . .�: ; ,y '. y ♦ . 1....: s � . . , . v, p w . � .. , FM' „e. ��lb: y#:t �„aa�% •qR.�..q�fif'{'��51 . . `'c,!`ta'��r,�'�.75':"{'..""1S,,h�[SlS°�!`r;�xK' . . . � I.,..� , „ t .. . ` . . � .� . , : � ' -'M1� �1: �..,. .. . ,. � i . i`� �� . r . . 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' � '�fih. az.�.,���H1..`i� � L �`` .y - `•' ,'�';.:.' �', i`1i.. . �r�:. :;4�'.. :`�..Z'.... ,�� . . rS'�+� �S..s�' �;�yi,��si��h��,�. �� ;SY iY�°�'tilj:r; °i;,, ; , "r;.;`�' ;� � . . = 1 r�� t'i'.E+,'��h .';��':?;�� �,�.4t; : � .. � .�� ` M�'��' , � � � ,. „ ���1��fF�(1 f�� �'��:' � �;,;;st�,�j;;:',s�.�;��i�<•�,���,:,:',~� �r. propezty owr�ers to sell land for �he �nii�.l Housi.ng Progxam, �'�r���, �., �' w�:•: � 4%}.t��.. iPJ.� f :, ` C 3r$�?'�.!'��. h. � ��' '� i • �• t:o!: ;'� • �;, ��,� �'.�.�� ��„ ' � : i :: = • . + i,:J ix: a .� � � , ;•.:���,�..,,. �'�4'�.: �t'' ,�t recea.ving Community Developmen� B�.ock Gran� funds ta purchase land, �'¢;s�;r„���:� -y,�, '-�:'?t$,�..' :�;�� �;'' • ',� l„'„ ��y.�, j:� .:� . • :4�� t`; � : �. ;: conveyinq land �o c e �s t ':.�4���• � : �; . ',;,;.. �; �•,�y :> . ,,�' ' l i n far he purpose af abtaining a mortgage :��'�'�}�=-"4'�� � �' �;5���4i'•st;�i�"�,`���'���,;.ii �t,: ,��� yvL`.f°(,�' � ��`6 �f.'� ;�:�.;,',;; :;::,�,;,,�;;�: ;�-}.:,�'�� �`.;. ta canstruc� a �s,�� rr -r ^`�,��{,;�ti,�;,�;;:.-�`�:.:�,:,,Y�;�aY.;,,�•:,:,:q;_ home on �.and, and couns�ling the alient on x�� `�° y. i,y�:� �°"": ' �.:• �l t ,.E" " .(i'�'�� � � •t�y.c ���5 ..,�7,`•r1 .l ; '. i�� ' �, ; ;� �,,.. ., _ bud e� ; ' �'•`. �°'�!$��''.,F��Nt ��'�����: '': :.`:�.; `�� .�� �: g ing � f inance � ma intienance and a�her necessaxy ski].ls, and � �,,� � 3+R...w j��I:f Iil:..rk=��.. . : �1.'.r�'.5 }.'�7:��.• .. � R . .!' �';. 2l�, '`1...-.'�.� ��}.`.�:��f�s .�::I��!�', i r `y •���:,`�;t°';•'''�'�;������,"E{,�'�`�';;�: �';�•,� mor�i.tor�.ng the client for one year after occupancy of the home and, ���= �`. � `� i. y'..r,'r.' �;��:..,��r, � :R '.-��'; •`" ` ��' .!„ °,r ' .: ..::.. , . :, ;:..: - , t� f, � �t � ;'•ot°�'.'f:n'g°ii::,i i:: ;<'�• u" "+'� #°'�a�'�' - 3 �.c r.'�F:. �"5':. a.i.. 1',:.� lr.i •i's s. ��d= Ff:,�;;r,.�;":;��,;;. s f�-�' ��- WHEREAS, �he Client curr�ntly does not own real, pr�perty and �r;, � � s � : f , <.�;,^t� ��i: <:.. � .��y�'+ .;��.r�• :,':'i'�'etr";'r:':.: ; �':''' '* ' �"' � 1�`�"�t ,1`•'.';;`'`, " ,. �: � e:� 3; �� , �+.�,'^a' '�r�kf`.�.�:..{;I''.';-°- '[��' .'' ,. � �. �. _;�° ��.�,:;,�r :;,,:`:::°i:��;;���•._�.',�.��t,,;��,°;_, c�esires �o become a homeowner, has made app�.icatian to CNH5 to �;�;s ���' : }�%'� '' `;-:�;� ,; <,,,. , :, . � �:,,.m, i .'�,;.:. �.i; ;ti, �?� "' ';..t,�:`.• t":`=:�.,,,.�- ��°��3� ����' , �� • :u�i�°, y�, i�;�jl=.� f r ^•.;.� �i' ��' ?' y T4. � 7 a =r:z �.. ;;.:r�� :���{ z•,:a; r,:f:���;�<<"�°;~�°�.-. en�er �he Inf i3.Z Housing Program, has presented statements >1 ��� � � S.� ^�t,� .�t,� �;,k;�,� ��; .i:•.�;.'y:,_ �.,��t.x�.i •., h.�- - - - ti �t � � • .-ti�.' ' '-,-i,;s'; - ' • ; i= s�� {��'rY''��Sr;�'� �Y`,!,� :,�.ti�t inr ...?. �: ;�`. ".:'r' . • �,��y�a..�s.3r »M:t.�.z'i�'ri.,��'.1, •,1 ,, 2s{i� " r•'j ����.rf'',� e �5:. .. �'.�' �;����f:.'•� ,, : a�..:� r.~�:;r:.: �°'.:� •<;.s�-,��:'=;'�����:; ,�_��..:. ;, � R; .�kiY,�;'/ 8.'%.k i?��+'�w� i :���'•'•-'?�kz1� :,r'�. %�.1'i73'i•i i�: 'c�.��•y4,s^r'rt.ti ����,_;�� �, �� :i.. .�, .7: r �i' •t :.k••.:�', `I.. `:t. `�"- �'s ; '� ,',f':. :f^`���i E;•:"���'f': �rr.;• ' �%:=,�,��il��.,,��,�',� '7�� �`K�z`���`r" �}� �'�R.. �$x � A,�}�� .I '�Li;i.. �.,� � ` ��'.�f-+ �1 y � . �� jY �'��'.�" .� ��ii;��r�;�^!e' TL7,_'1��'r�(.�4.5'�i,:L:. '� • {}�. .� A_�.. ' 5+;�•fwf f;" �r C t.!': "',^�t!���"��.-"�'' ;�...�i' py�e ``� �! Ni� •ti �k4 : ,#�'- �fle.;�'�73,''�, f ,'t � i?i'.A � �'; � :.. f>r�.'� �, ��t • ':� ;.: -`i-�.J�' c � 4?:� �^. �'?:•?�Y�k�i��:, �k;;`�� � Sr�ng��{`�c3 �5���� � �.S y��_�� �� ;4.r�"r �'��� 4 �7��:��.3�� s� ✓ , .�.._(��,�_',* Yi�,: r.� � �i}:Sm..+_. :a��. i�J�' . ,<sf`�_, .. .� � regarding debt and income which i.ndicate that the Client is ���.gib�.e for entry into the program and appears ta yuaZi�y for a hame mortgage based on th� undsrwri��,ng guide].inas, and has selec�ed a building site with alternate acceptab�e site(s) as listed in Attachment 1 to this Agreement. NOW THEREFORE, �ar and in consideratzon of tY�e mutual. promises and covenants se� for�h herein and a�her good and valuable consideration, City, CNH5 and Clien�, �he paxties ta this agreement, d4 hereby agree as �ollaws: 1. G�ient daes hereby �epresen� and warrant that the represeni�a�ions he/she has made are t�ue and accurate �e�zesentations of his incom�, wea].�h, credi�, employment, family status and other material fac�s relat�.ng to quala.ficata.on in the In�i11 Housing Pragram. 2. Client agrees ta respond tn C�3H5 �.o autho�ize lot selection within 15 days after the recei.pt of notifa.cation of lo� availability a� specified in Part 12 of this P,c�xeement. If the CDO/AGFt�E.IHD r 2 „ - . ,�a.� i � ! h .F � t, ' �•� ; �' � . � {� �� `� � , * a 4 ,. � ��. � ; �.. � �1- 1 ;. � �. �,. . �,��� r.3'� f .S � y` � YI • � _�_..._��---'--- , . wi"i r��^'y�{+� ..1�•,�'-i' � -vti.'-;.?' i .r._,.�r T i.g^t'5... �4�i��Ci��.1'°.. :l'Sb7. w.9 ����'eT�4. .1�.`;�` � r ' .��f.C�vF!^;i'��'1�;3 "`; �S:��Sn "•N��'., ,•,'; N,'i,'� � ', vt�,��' ' ` , . `. ' ^ . ' . . •' . .. . , . . -� . . . �• �. , : �P t��•, r.•.��� ,.�.:fi.'' �'r;�t`��.. . 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' ' I� ' � '' �'��'�¢ �,,,�J�'N S Ft:i. d' r 1' •:�..3' �`i�r�s . � . • ' ' . . . . � � ` 1` ••• ,i' � �r����s( j!'`."� �yx'���� i . e i.� ; � r1'����y���'�.s�_:.��: _ . � , ' � ' , �. . ' � � . . � ' S -. � r. �` ��''�t �TU�`�"��"��'E4.�i'''1 t���•i�. 'L :i,' e� . . . . , � ?:�;l.':%`S7';. �:t� 'f' ��»S#ti��;liiYS��� . : `' '. , . � '' . , . . 1 .. . . . , ''j'', �t,+. ti.l+.i„ �'#r€ C'4 �1�` �e''�•, `1''1,rt'/AS.•,�' ��I••51, � ' . � ' � . .-.�� `' . . �ii .5.^�j9., , �; ;'i� ;, e; �, ,�� 1 , . , . � . , . . . .e: � ' ' � '�`�r .`�!; ! 1' . ;'�.fi.!'^�i:.i�'1�T`t,i. '. . ., . f ' .. . , . 1� .i � y�;:.11�: -�si!��t�. :��%�1:;�I'f�"5�':}l�:i,.., :} ' ' .' . , � , . ' , , ' � . �r• 1tii,1�� ' ��,"; ' ;'. � `'' �; <.'i };. t," '; : y� " . , � , . . , . . �,'^. ,�a.f .:; ., .r"��i'' ��1i'•�'�}:i;:'s . !��.:.U�ytM�i.}�"'t:!• yf:,'�,f.•:`-e' s e.. ' ' ''if:�..�iT,St � %.. _ j�i•~ Fqr7 y � "4 .� .�:,�;; ..,..�;� ; �;'..",t-.:.... , �� . ,r�......�. .. ' y.,, �. �■� � ; ''� '�' 1 `� d,'� .� .. ..'�'. . . �•A2�A��.li�t a��+�YfiS��}i!a'+��i.'Sf.ii'ik%n1�t:1'.�I�•.+.e<<.�1�. �.u.vc'�r.f�•.:.:..trriv.�.• �.5 srs...w...�:, s .. r ,.r �.e,. .,SElin�c4.rw.!J�a�('ir�wYMa.�w:��3i�I.liY�MiiN:T�tj" � i : ' . " A fi _` t4' ) ' '.r .w � �„'w' . �" : i: . �5. a '�: :• <;�.'. �1 et���.a �r' ' ,, i ��r�..�l t��� '.���11''r� � ' '�l���S i I t��'i�iF�i��f,, ;� ' ,= `'`,7 . � y��t'y�� �.f ,- .:','±d2ii�?,"' '1:`1��F�� �}• � • . {i��° e, f ;.'Yliirliyii�;�: �,�ff� . �; . ��� `.' t;' T .,� (; ^'_�t';:„":,_ . � _�e.;1}� ��.� -i.,:.:.. i.r.,- '.4 �'.�•.� ` ..y.�, �' %�.,�i4C; .'��;�}`�;,1� � : � ' �' � S:F<:L4id: ..t4i1.S .t.:. t .. . r � . Y:,a'a;`7`,'�.Y�:,�r�,l'��r.,s�.l���,�. � �;�� ^�,T•. `, i�• ' "��� '�' z �rl"'�' ,� �i.,;/ ; ,:�� , ,�,,:��:�� �,: „< i t �.he �ats which w�re Z�.s�ed t,� :z �,'.,_. ��,;:, . ' C1i�nt refuses to atzth�rize sel�ct an a �F�,r -��i ' ,35�;.,•.�,` °� .� -5 �r.� 'y'�.5. ` ���; ,',�: � "�: ��:,,_.;: � c�;-:; � :�"�_ �-': . : rrY�;�� �� �```5:� "Y�~> �'�?���"'�r` � i; ��°'' on Attachment 1 of thi.s Agreemen� at the priae speaifatsd by �;��;�� „=; ��.:.3 7''�+�• , ^i., • • •- � ' � , . ��:i 4y_e,i •:4fi. '»j�� ,.�\ �`•��i„` �,�1.1� °: ��':..� . �' �,�• ��� �� � �1}�� Yl: ��!'*•]'iYY .•�.�'. r:� ;� : �. �.. i . �;���'�Lr;;;,>�':;x�r'<<`.:; �>• ,..;`�° ��-',�,`� independen�. ap}��a3.sa1 r�his ac�reement �ha�l, b v i �:t.� �.s,���r -�:iL��g:. :'.,�.�°`�'�':: '`'~:',r� ,:;;;: , � e o d and any manies � �,„ '' I�i 4:�.� .F1'�.1: � :�1�4"t.TS . /; r': i ` . "��:��"�.���`: :',�.`'��.:`��{'�,;��,s��,= r��":;��`, paid by �he C7.�eni: will be re�urned. ��7 �. ' �'x,'.:.•A. :��`, ,.i fy♦ C ,, P �: �iL::.',I. , ✓ Y��/1��"�,i11:'l�i �.�i`��•FS} �5�1•�i � ._4.1''�� '�� � � =�;��:��:��; r�r�';;,z;�';`'";'�';.a�'_;°.,`:'° 3. Client agrees to selec� a hame pl�n as submittQd from a �"�,� c.:r 1:li�,a����,�A,j ��� ;y; ; �,,tt. La . ('' .:;i: v�::�ii�s;-L��t�. jf� � '%yr>.r �� � �-���;,?;;ti`�' '=�`�?,, t; fj'r;;; ,t`.t�°`::.'. quali�ied con�rac�or from the group af pxe--approved pl,ar►s. i � •r�:."�_.l'. r �I;.1�i i _ . �`i)� J'.°�� �._��1�.:'ii.. r1C 4:.} ,.. � ;•; �� : �;;- (%'Y �< a�_T �- �; � , . : t �� �,t?�="�' i' _, ,.. , . --'? ,,�_ :'.'_ �, � '�'��:�;°��r � 4. Cl.ien� agrees to under�ake homeownership counse�a.ng of�ered through CNHS or its designee, such counseli.ng to in�lvde not more tna� 8 cZassroom sessians of 3 hours �ach� and individual caunseZing as may be approp�iate �a �re�are the c�i.et�t fox �he responsibilities ai homeownership. 5. Clien� agrees �a apply far a first mortgage with a financia2 institution �t�a� has ag�ee�l to pa'rtiaipate in �h� pzagram. The minimum amaunt of the mor�gag� will be calculatied to result in payments whioh approximately ec�ua� 3�� af �he C�a,ent�s monthly income. Paymen�s sha11 include p�-incipal, in�eres�, taxes and insurance. 6. Clien� agrees �o execute a second martgage and note in favor o� the Ci�y o£ Clearwater if necessary in an atnoun� not to exceed the lesser of $75a0. or �h� ac�ual amount a� money whi.ch is the da.i�erence between �he first martgage anc3 the total cost of the hom� canstruction and Zat cost, less down paym�nt amaun�s and any City contribu�inn to landscaping and stree�side improveme��s. The second mortgage wi�.l not xequire repaymen� if the C�.ien� x�mains in residsnc� in the hom� for a period of 1.0 years, The fu11 amoun� a� the seaond mortgage wi].1 be due i.f the hr�use fs sold, vacated� . �,,.�f,; � k.;;}��� i � ,, r � •, :� � .f•.i. 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', :' =. � g q ��ti:`.�.,: ,Y ' � �� �E�:�°. . r�:'�:`,�; `�'� '_�'� ,•: . t'�'';. leased nr rented during tha €�.rs� five y..ars; the second morti a e #' �. .� . .; Y '. y` ll+q�,.i',', : . ,'• ' T� :Slt:' i �,... r.°'q�.�v��f:s�:: y j•�'th'i.i : !.� r�� .+;''" � ��. , � :� � � ��'� l, i'.� s :i'l,i.R sl��;'�r^,'te."�.l�t )' :f' } "` (..�� Y ��, ��, °,¢ %�� �, ;;_�. ���:����z.< :�'-1`,:'1- w e or ve a a a� df 20 er �ar f or the next 5 ears. w ,� �� � 3. � 1 ia f g i n t r e � p Y Y �s��; '� '� 'q . �;r`Y E f i •�' ; :1;.: ^: v t . . : j . ���Y��i��'�%��,• •YF,: �•''� , r �.5' `��• f �.•j': 1 i • S'f �,N�. }� �� it r •'Y��..:".�, y�rT ,r r lj.xtr �'i c� ~-i. ' : 7'. � s�.=��•o��;��.;�r�,,. , ...!`�r.: 7, Cl.ient agr�es �o c�ose or� the mo�tigage(s) ir a timely man�er, a� �, ! '�; ���� �-�..; s . .:,: q 1%i5f�it�r�h�..'}��ti�.f�`;�,�•, .. �•� :l• � • i J. • t��,;;� w'� � �,3, ; • - • . �'� " �, � ` `�'''%'�� ".,`��E�; �`; .. � onae �he application i� a� raved. • �, nr �;�i''�=�'�:S`a;;:i�:." - . . .. �>,5 i � , � ��}$,; ���,�xe��F; .�`.� .. ..::;;� f��_�,: ', ,(���y�• i: �=1���:'�"?^;_ 'F!,:ry�f::_'x�t�.w�'�'1�l I. wi;il}.'. �_Sii 1L:R1 � . 1 �� _ v_i�411 � g �'��`;,r?.ii�s;.�;:._ ` . . �i`.y?.:_�. `. 8. CZien� agrees tcr provide ar: amount equaZ to 2� of the martgage amount or $zdoo. a�hichever is g�eater. This sum ia to be available at time o� clasing and wi11 be applied �o c�osing casts cha�ged by the bank. ���;;��,�:�',`.;;'�j�t 9. Cla.ent Ytereby xemits to CNHS the sum of $1Da. �a be placed i.n /�;; .a?.�;Ar'x`� i §S" .�'� i i �I ".�.�.���� ��;w�A;-,;�,;.;�;•�,,, escrow, as a depasit t❑ iae app�ied �o �he pu�chas� af the house. �E <�'''s�����"., �� . . yi^���j,��'`• Y�:t�'';� , �,,�;.�:-��«,;�;.:,,';,_: an accep'�ab1� lot cannat be purchased for �.he clien�, cansistent with the terms o� �his agreemen�, tihis sum will be returned to the C7,�ent, 10. Client agrees that the hame wha.ch is built wi11. be accupied by his/her family as �heir primary resid�nce, Tf th� client vacates, se13.s, leases, ar rents �he proper�y during the fizst 5 years af occupancy, the en�ire amount of the secor�d mortgage sha7.1 become due and payable wi�hin 6D days. . zl. CNHS agrees to prc:pare the Client�s ap�lication �or mortgage, to be submi�tec� �o a f�nancial a.nstitution selected by CNHS wi�h approval af the �lient. 12. Ct3H5 agrees to mai.ntain an inven�ory of �.ats which have been submitted ta the pragram under an Ac�reement to of�er �ar 5ale, anc� ta make that inventory avai.lable for the Client's use in seleat�ng a bu�ldinq site, If �he Client seleats a bui.3.ding site which is not covered by an Agzeement to offer for sa�e, Ci�HS wiLl make a CDp/AGREE.IHD 4 . �.,,. .. . ,�,.' � � . A r � .. . � . . _ t .. . , . + . .. . . . . �-.� w. ,--'�Twl ! 3 � Y' 7 .� � � i t '- � � .� � � �: �,r .``'>i ;�,� . .} � .a � : \ r � � � � �� �'.'t rr.� � �$ f �¢ I. i �� �� l� � �_' : ��' Fy�_: !�+ k'� 4Si4 ;:sKC,"F`��,i���ir�'.; },� I?i•'�f.ti1. ya .��,,;.�y�.h�:�:.Y±�Cfi.�.°'}C1.1',M��6J^*Yp'."".{'ti�t�•w�.l'i.w, f� t'1��' fJfi `�'(„s '�' i iil"1J"v� a','r7''l.'1f.':t;! J" .;"���.. 5��w � ,% , , _ 5., ,��'" i. '�' .1 '�i: �. � lJt� /� ,�, . . . �c' ,�., r' �:� �" . , . <' , . �r ��+t, ,�F , 4 : `.y : ,I�.� �:� �tl�u.a: . 4` 9��.���"1",�°i��"''.l�iy^ley,�h2'� ,%�-S�'-'i';'R':�'•��' � � . . �'" . , ' • F.. ..y. 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'��;F,.1�,, t �`a�: :s;.iti..,r�. �It� .. .�' ��N�RS�i �� f��� � ;�iir:�..' ,.53_1� '�42�;�....• �.I "��f`����'�4��,''��� s=�:;,z._4:;�° -.f ��-°�';� � reasonabXe attemp� to secuze an Agreement to Offer for 5ale. ,��,�,h:�;� r;� rin ,a.0 ,�;�a�'j"�; :,� �� :�' � `.iC=� �. ; , , . �`ly,s. , '''�_ } �''-;�r;`::�,�;,,:.;.'�` t s a reemenu �`:��� °` -f, �,,�,; �� :��',,;�,�,h;..;:9�° `. 13 . Wi.thin 60 day� af�er the effective date of h�. g � �L�:�.;��j, �Y,� :+i �Yrp�Y''��'1��`'T''..:';7j..;•,��� �.7:b�� ir,� .7 '; ���,A�=.�,,ti�;:';�� � '; �� CNI3S ac}rees ta notify the Clien� of the status of nego�iations ta �"��,'�` ��' C�Y� °' ��y�ri:•: s' ��r 3ja,�!'.,••� �} +� . �Y(�• i j�,�..YJ ��r� s!� . rT�7r:,_��.�i3 r�� � R x��' •4i ��:: °:�_����"�`;�.::w±�;.����•.: purahase the Ci�ent's �irsi� choice and al�ernative cho�.ce{s} o�' � �r,i���'��•i;;`'�n;i� ,, . ,,, � '., , '�, �k �'�'.:f'-.s:i.�=t,�¢ ";5�::r"�i.i'rti;x':' ' '#° k i! ! �u�n���;'�;:����i:�<.... •��F4= • �>,'>':� bui�.ding sit�e. :,�'.. ,. �., : � x�. CNHS ac�rees ta prepar� a pro forma analysis o� the pxoposed land, construct�an, and estimated clasir�g costs, based an the CZient�s choices. Thfs pro forma analysis shal�. def.ermine whether �he house and lat d�sired are af�ardable b� the Client, based an ciient income anc3 City secand mor�.gage. The City second mortgage shall no� �xaeed $7504, and �he amoun� of second martgaqe requi.red sha31 ba shown on the pro forma analysis. This proposed pro forma aria3.ysis, when compieted and signed by alI parties, shall be a�fixed as P,�tachment 2�o this Agreemen�, and sha11 be �he basis of '�nat to exce�d" amaunts for home construct�on anrl land purchas� con�racts. 15. CNHS agrees ta purchase the bui�ding site for�the CZient, �fter recai.pt o� authnrizatian by the Client and app�o�al by the City. Funds �'or �he Za� purchase will be pravided through �he City. 16. CNHS wi11 determine Clicnt couns�ling neec3s and init�.ate counse�ing wi�hin 30 days after recei.p� of the au�harization ta purchase £rom the C].ient. 17. CNHS agrees �o del.iver �he deed oi awnership for �he ].a� to �he C�ient at th� time th� canstruc�ion mor�gage i.s alosed. If the C�.ient faiZs to execute �a mor�.c�age or is dena.ed construc�ion mortgage, CNHS wil� make ths build3.ng site av�ilah�e to anothsr CDO/AGR�E.IHD �....,.,..� . -. ..... , -� � ' t i � , � �..,_� i 1 .s r � � � .` :, „': � ��. ± << � k f'T �;r' ` ��4 i ` �',,, �. a �� �' � �. ,� �`�. . � �i� � � I ..�r, � '� f � ^� � `�i 't .�� �i ,..4 wS�R i� 'i � .# i' � r`,. ,... ?;. ��... � �-j��.V �•%1 �'S'`r � � � ------ . i �..>..u> <<�;•:� i � .i•.'> '�.$1;1^•'•+o�;.}!�i �.����'."'.r':(^'�!,,;'Y;�^�C?�fi�"'Y$'�� M- y� . r ' . • . ' � . . 'v , t .1. a � .�'" � 1 �,�,;4 ��t�� r�}T�;...��y. , � rs.,:. „�: •�r.y. � :�;,k. . , '� ` � . . � , . • . , �i . ' , ' � ' ',, 7� ' '; '• •.x: � a . ,. . ' �3y � �°T�. !u ,p.� ,. . . , . • . . . , ;� • �,;, 13.• „� r,� � ��j, . +t�.. � � ..+.� ; C � •1�'�sl;� 1 � �T %�++t�l � ••�s.. .'2� I: .. � T ;., 7'J: G' j��' �. , Li.'.�'. ,��J,'.,:i.�jN�^•�. . � e a-at. R 1 .�. 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' _ '�.1 ;'', •,��rsg,ils��'-�i' ..�:�T.-�;0.1 ,S .J�t'�ri�y�4����!?'fnf•w�.inY^i J r��N:.JV'�.�,�5� «��� �¢�',.r'�... .y'.N.. ..�s'. -x1�' °Yrox 'i..y�' '1 fi�:l.t.l r.: �. "�'r '.S� � � rW+�� WYS14 h ` C.1'lY .":� � 1 •?��l.�.a ,.• , � . . ,.. �.� . . . ` t„ .. y �.�"t1 ? � iNl�wrli�'7�'�,',� t/i.1T� inYJi. �:F'f.�3•��7Sf.tI� l.ii.e ?�.i s�. ... �r� .. .� .., .... .�.. • ��'. .� . � !`i MS�.:��i �.`} :� �I�a. �.� 4 Tt. ��k, s.'• . . . . . .e.�+?�'.RY'r�'w�r.�lil�WrM - �r � J�,, }.`{;,,1. } :f '. � :' .':fl . ��S �i'�-:f w�.'.`16T+��`At��..N�ii�.i( B. 5{°�e�Fl��j •� . �,� . _� �.p'.r'� �?�.{.�Ii��t ' 3 `-��ti' '�1+� �, �• 'k'; ° ��i��, ��� ��y� ;t • . �ti. e .:� I y�.�,�}" /��,'i'�li• �S4 � y . . 's'' ,�'�;,1�; o;,�: i�� � `, 2...Y� ?� j��l � �'r ,,� � ,, ,�;,,. r��„ �. t�,•; � .. , � „� � E �. ��� �.��� _ •:'w,'•' : {' ° •I � 15�.�„i�3� .A3�ri�'r. 5�.."?„i``�•''?"� '�.. � ��j,�����,ijre��.� ,'���1..��t<'�'...`.: `�• ` ;+x...� ��� `�'�;� �� � .�:ti;i�. l.L�.'j� ',�S!'..G`�,`,.-e'• �y,��S,��r`� � ; �.4"' i!F_. ;y. :.�,�v�" �} �.�IFr�� �� � yrf�. ?'S�•'�} `�. �_C�; � � 3`:•'�.:;�' ' '. � °� .4., ,s:��-` � qual�fiad buyer. �:;� �-.,�,4`� �, i�':1:;�:r'l�yi3 .,.;. .i'� uSr��,t�� �» 'v,[ ,•',,ro�.a�,.[j�:;"'ir; `,'; �st: N7 ;.'��r �� � ; ,;,i'�:; tr� j,cti,,:-s:'-; a^�. 18 . CNHS agrees �o provide these s�rvices at na cost ta the �t �r3���� �; � :,, � . �f..,.� , � , � !:``�4�:s', ... tt4 � 6' ! t �:. � ':-�' '.t�''�.'�r � f� �'� Cl�.�nt. Reimbursement af CNHS expenses will be made by th� City `.',:: � ��,� ��, ��.�s'.•.f•Sj'°' �'r' . . � �. . i.�j.•f �,'j'� �5.� '�� � �1 '.;�t�=�,=:;;�:�'�:,"�,:;���?�.�,��. ' under the terms of the ac3zeemen� efEec�ive OctoUe� 1, �990. "��, L r`; ','::�.:;:� "'�t�:i�:s��;"�` �7 �'=.a: .F': _, �:{i'i_r. , ":i: :S't . ' � I �.� . �•�.. A r.. 19. CNHS or its desiqnee agrees to manitar the Client's paym�nt his�ory, and credit s�a�us �or a periad a� ane y�ar af�er oacupancy of th� house. T� �her� is a dete�iara�ion of credz� or delinquency in paymen�, CNHS shaZl na�i�y �he City and further couns�l the cJ,ien� and reac+mmend remed�,al actian �a prev�nt default on �he mQr�gage. 20. The City agrees ta accept Clients retezred }�y CNHS f'or inclusion in �he Infill Housing Program, subject ta Ci�y review and de�ermina�ion �hat adequa�e 5creening has been done and �hat the C1i.ent appears �o be czeditworthy. 2z. mhe city agre�s t� prov�.de funds for appraisa�s, su�veys, plans and Qther necessary and apprapriate adminis�rative costs to allow the InfiZ7. Hausing Pragram to apera�e. 22. The Ca,ty agrces �o make funds available �o CNHS t� pu�chase �he builc�ing si�e, after approval of the praposed pzo �orma analysis by th� Ci�y, CNHB and �h� Ciient. C�ty �und,ing shall 1oe der�.ved from th� Community Developmen� B�.ock Grant. 23. The C�.ty agrees to pravid� an allowanc� of $1000. ta be �ravided as a ane-�ime gxant to the homea��n�x'. This wa.�.� be appli.ed �a fund streetscape imQrovements, a.ncluding but nnt lima.ted tw: driveway apro�, sidawalk, landscape materials, sad, utility �ines, ar�d �nstallation ai same. Funcis are ta be app�i.ed to the C].ien��s coo/ACREE.zHn 6 . ,, ; , , 1 ...-.. .. � . � : ... � .. .��-..--�--•�+.r'-. ..+•. S 'i • • ! E� y, f ��� � � � 0 � � ''� .'�. > � � �� l `� � � � � Q � p �(,' � ! "I l+ f4�� •f�.r � . ... � � � i°.1�.1� „ •.f t . .,� r�-.. - .. � ' �.ps..ti.....M�s� +•�T;���-OE��I ��[jj1 IJ1 , i�rr. v t M,�>,:'.,: t*� ; r . a. ,. � . f�.,., r � t -S 9 w '�f�lM1'ti �7 .�y�1 .7,+� �«r�'y :;0.' i 4h�, . , � • . .'� . , .. . . 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' ... . �..,.'�1�`'�", ,L N t t� 'Yl �y�4Y ;J. Y k � � � rv��,l':>"Sy;�'<"� t c � 'r.ft4 l�,k`,:V?��a{11��g�1.��15•S,*����i,�i� �i� .L'i� ,, ., ..'r' . .. 1..t ' ' . . . b:•,,tFl�4�=�J'�R�h'� ��1�. `.�t�;T'� �ri � i�L1��` ir''i. . ��r��l,� %� t : � ' t5{`'' , : ` . �� � , ' . s ' � . '�''r:% t .-.e,�, ��,��,�;��i°��'�� �.�� f � �{ µ� 3v �''4i�':,.;�:�'.;�:9'( s�'. �. . � �t, , • . .. , � . ' . � . '.�, ����.-••{��� e� •ar �t,�,".�.�'r.1 ��'y{;4 du y,.3, r¢'�J a�3 si,u (�s.s" ,r ��."r 1 � . . . . . . . y,w. .�., f�w�• �` i�Z ;.� a�5 � r+s t ' ��s��r��y�°.�����1 i�.F1< clr� ¢ t=r . �?i 4 . `� •�i. � . . . , e � ' ' � � . ' , ? �; ` (' �.3�#Y 54' ; �k�`c.,'ii a �,?� ��.'� ,y�,: "t.��`��' a-�y! 5���}���ie�i]�!� y..`�a u � .s ri. � '��, • � � : ' ' M1��� . s �.- ,� � ` �IY��t?, t ', k�,�.'a�.t? �..t,x1 i t , . .. . . • � , ' . �1 i,:t,.r �,�x '. ;�t r tN , � � . . +,{"' r , �'�'!. ,y{ �.�ty+�y�.{ �`',��'R'k�?�`y���11'';t�'t''�.�.� `' . ' • , r ' . , � . ' . � � .. � ' ' ' ��� �, � � .' .',t � - ."s' t�3iC)`�. �. :�'�"3.r'�sfiE�,��,4i':%Y.T�r�Y+��;.. k`'� . -,• , . . . , . „ • , ' . ., . `t�'e'�,�`_��' �' F .� "t L Y!•�IT'�i,� r:� �{: . . .r:' "`�.,���'��ff^r���'�`i�tij{ . �t t • � .� . . . , . ' ' �j' ' ' ..� i.��f.}.:a.t�•q't;��: : 1 "e=lV��-��' �%�J�.�i�•...Fj''S'4V` '�aa. . , r�• . � ' , . 1 ', �.t.. .."<��#jr�'",e:i•�i�: #`•,,, � 9 �i;� :9'�r5�'"• � �ij'' �, . � � � . � ' • � . � . ' • ti1 '■ �:�y�(,''�'i F iC.°''y'�'y?fr i;; �•'r'?'`"�t� � �I�l.:i, ��i� �,'�Ei'w, I . '� .. � ' . . . �..'.;; ��,�3.�,�y:ry ,�X !�Y;� S� .� . �1.:%' i, .,�,; y� Ikf .r . , , , . 7�9� .i, i�, L�: �1,•=�A�i •',�._ .7� , r , � , . . . �yg� S' ` .,,. . . . � , . � , _ =,� � K �T•< qr �,',�',f.,�hJ f,..f,isb',^,±,�� s' � r,, � �� f �' , ' ' ' , " • , �j.� .'' `y:;'�'S'} f�ill����i � , ,. ;i7V''' r'�' ' ' ' ' 'V"1 .2° � � -.s� �i'.1.��i•'"=.r}1�'F}.ti.:� �i" . ' , .,� ,� °�Y., r'�,,.,.'" �.�i L'}/ .�.� r,a: ry�' j' , i�Wlr o .�.y,`'tirA,��f•,i, •,r�J :'',il. ` . ' . . . ' [ ' .i ' . , ' .5'.. ':'I.I�.,,'1�.�'.^qv � ' A;f�✓�"i ! "�.t���+Y�". �'. ' � , . . ° � ,�.` k�;�:': �:, .,'•pi'a,tit s.,,'�",:5. ; ,:. � ' , • ' ' , ' � , . _.. ;'„ � �;=`3,,; ir�.�:.�� ,'�a``,° ,.r�: ' _ ` , , � '�f ;i`��r, ' �\ i •J I � .. �'y kF"f,�'r'! +e i.e!.,�t,; 'r�; ��� .ii�.w 1J..�....;. .q.......,/h'.. .,�.� v� ..� � . . . - �..a�� '� e��.�}';.l : F f'� 4 kt ' Fi�iiLCifilE�i�i`✓'q.!,�Aw��L�iwrMdr;.tas+u.4tivtkS+:#i:.c4l^^s.�.r��i.e,�i�v:w�[a�A�,Krt�w���.u.�,,..i.Py,•'.:.��^o.;� <`� y'` .. :. St-• ^'•�_s '�i .'.,ris • , '�J4*.r.t..i� w4-. ,1,. �S� .4r" 1.1.4� �4'k+wY1.A+�lvk:��`�� �L1����.a�����rF�F.1�.•/C� �5 ,i f. . fs'i' �:�'r';�;'lit'•':' i ;:�: ;�, :; ;. ���:i r . . f � :p;•' , '�:.:1.�;F�:l�.�e� �1R `•i`:'� 1, i' ' �y. . � �f�:+��d4,':!`,'N.'`IF; 'Sl��1_ett 1, ��k•� 'f... . � ' . ^i«:w:�.4'4' � ��'i:.� .�:e ... .�,a,. , r,�' ' r �� sa�� Niw, � �',� =i. <•�,1'�'� ', y �,',.. � {� i � . . _ � ����;_��:������'_ :`;..;.�: �'. .� escrow accour�� established at the l.oan closi,ng, tc� be applied ta � ��"�i�:���{:�., ;�{.: :�:.,..� �, +� -r, �w�:..: � •. r: �,,-� �.� . ,��''��'`">>,`LL,:{,{^":r�„`;';f,;`..'�'� _,.�. ',' the constructa,on can�rac�. � ;�� -� �:-,�,:�•.;:�:;�,�; •. _1 �- ���;;��`��e��.,yY;�:�.s.};,:�;_ ���i:-�."t�, 2. The i,ty h , ha gh pp corit act ,; = �k C as t ri t tv a rove th� construct�on r 'r1`.Ia.A'�,�ni:e.+. t`f: �'r.�'y.�i; . �:� #�;>+! i�Z`: W :.?• •�n`i�ir ',S, •` ;' . `���' �r��`9 i";y �;`r�`f,`�. �3"�� U�ttaeen the Client and th� builder, tv insure that adequate 7.�;Y.:�,c ��1 i{ t;. .�,1 � � � .. ` t i., 7 � ,.:, � : '. :-,j�,.,', ;, . •f '� ".d ..,},:y';����s..;.: "ys{�;:..:-,r,,i ,.n,;.• 'i:-,''iifl�i�i`::�. `'„ •4;7:.' �..-�� �'�':•:,.�3 . � �: ..}, `,.,,�,'::°:` <; ;s=�,� ;�.-�...��:';t:s+.,t�... safequards are in place �a insure comple�ian of the hame. � a ..it ^t' i��ti�l�:` Vt'_� .�t4•,�.t���9• -�t'F� s' :n ...1-:'.. -9 .. . _ .; a. .. .. . x � �.. n.. ..�'� � ir�i.•Y ;•�' � �� " ,{r :r�� '. ���-�.,+_:��:��: �}s.r: �,�� :..� 25. The City agrees to guarantee �he zntxii Housing Pragram loan made ta th� C3.ient in the even�. that this ],oan shal�. becom� delinquent far ninety (90) days or more during the first �ive {5) yea�-s of the laan pe�iod. The City's purchas� pr.ice shali cover ��; ` ;,,�, the unpaid balance af the loan including any in�ere�t due up to the r:�: � ;�;•�. datP af purchase. This oblzgatian to p�rchase is ].imited ta lega3.ly available Intill Housing Program Funds, including Communi�y Develapment Black Grant (CDBG) Funds, only CDBG or ather non-ad va].orem funds can be used foz thi.s purpose. �n the event CDBG or other legalZy available funds are not available, there a.s na obligation �Qr the Gity tp purchase �he 1a�n. The City o� Clearwater and the taxpay�rs th�reaf are na� dir�e�Zy, indirectly, or contingently obligated to make any appropriation of any kind or pledge any form o� taxa�ion ta su�part the Financia3. obligations which may be incurred under this p].edge to purchase Infil�. Housi.ng Program laans which fa�l inta default. This guarantee a.s not valid unl�ss 1�nder agrees �a exercise due diligence in the col],ectian of �his loan as described in program poli.ci�s and procedur�s, �ntil the City has purchased the loan. 26. The Ci�y agrees to hoZd a second mo�tgage on the property, aonsistent with the terms of Section b o� this Agreement. ;_',�: ._+.:, �::,��� � • i . i;:;:;vi, ,: �..`;'.; ,I ,r'r:a;'. , . .� t�:,+ � �;,� :� t�, ,'�',�'-,•�,;�+;'f°ffy;' , i y�.� 'J � , .��, k . r; . :��;1:r.'�.. ,.} , ''� y;�., ��'. �, �? ... ���. � ��: 7. � I .` �j i 1 �� } t e� r �. : .� � N ra :.� >, r 1� �7. :` ! ry . i� �E ��s^S ;�� r, I F,� � i r� �� :: i. 1� _-' My*, ,rc 1'!, �. i�'wr4F'°ni'1"�;�y5rwi�A�T�Y 4 . '�. �� �y.x..,.i.Tra:.,4.}` ..•� , h,1:y..� �•.It: ,t• . Ir�-�", . � , F.. �.t' ..T �:��::q ♦.i,t � ,.'.,�.....e'' -1 ' y d . � � �r' • . ' � . .. . 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Sf.` A�;�"i".;:�.- �::';�.;: ,:t�'..;' ...' . 27, W�enever in tnis Agreement i� is required or ermittect that ����r'.!_•{��'��`��;, !? 'a��'.''� r.i' :.i� 3",' i`:..': .'. sr' ° � . i ` . � �y � a�0.'��i ?�`':' ;�'Zi�}!e•�„ :i��': ,.S- . , . ' .';. a\���a..#���'�a x;���: ��;��� �:;�,,`�� :";� , ' ;.�t" �. r�otice be given or served by e�.ther party ta t�e a�her, such notice .�',��' ;���� � .ti,` ;'� '�, 'y �',';: r � zb��,, ;, ; ��:�;'�y�ig:r��E�x��.;4��Y .�I' � ;�,;*a'.=���[ . � �3Y�'��4'r' �,�. �r`�f=>„:��u3�.;,; ``fi.. ..,a�.;,�:• ��'�. �`�` sha].1 be qiven Qr served in writing �o �he a�her par�y a� �he ,.r� � � '1��±�i��?ay!.�:t,� ;e .: ;� : �� � :�'. �t��;i??� ' .: 't%� • ���-.,� M. �• � ?��ii'`'��;t;'r;'•''';`'{.;��r�'Z.���:`?'�'`k'"-.' �:`3i:� ;� address se� for�h above and deposited in �h� CT.S. Mail postage ' �'��# `r+J'-.�;,i:�:.n; ' '�. '�rs ,�,',:-�1�'=�. :.:�y`i'.:. .,1V'r:��bh� '. :S"' �t ;�Y' •'i ..,:..vT• ,•.r ,{7 ' ' �i�t' °;;,,}:i: _�i�:+"�•. W,: . '.1,1.'. �.y��r-.i5; ..•'� , �' ' � . , a., , •' •�; ��'• i .,•��,,��•��;::;�:;"�`':��.A.���{s:t�:-;�',n:;;�.�7=;• prepai.d. Client, city or CNHS may change it� mail�ng addFess at any �� �'� �'� r,s.".�wi �,r k�', :i:r ' :�5:',:'�`�.�1.�.,; , : :.,5 �rh..�� i . :7� ��( .� �..L.S , „ ; �, i• �1�'...•:.: S .�k : �>;;�� ,-r , , :,�-.r ,�;� .;.: ..:,,�.y.' �; : -:� : . ��, .{ ��c:�; �:;_��� •,,� ,� ��:��e~,•;�,•�:�'s:,� t9.mQ b servi t `�` �` � �;;r����;�,�,�; .,.•` � �?:,L° ?'. �;y.:, .. � ;,.,�� �,,,_„ y ng he athers written notiice �hereof . � . �'. 1',a•; ����;�.1-,•; ?,•�'"�°r• ,�"'.':;' ',: i y,'�, 1'. ,:.i� , l�,�"�, ., _a:,y, ��r.,�,°[�'-..:'?'�. �.��;•.'''�' � .i . `��',; `.` '�'�3 .•..;"'-:-`-,•` ,, 28. r� �he av�nt that the Ci� co e s �:.}'� ���'�w���,�;� s�.}`r:Ft;4;�•; :,.-}�,,..`5;_,,,�,,;;i.�:Y.,:-��� y r�m t�ce la.tigation ta enforce .; 'iss ..°. ,,�t;!' ::• ,;,: � •,t �, . I.. :�i "� `. ,,.. #'i,:�... . ;3"• ! �i'i :y .•,t1� ; {�„'i•..i.., i 4 � {.�,C,�<t ij . � . ,.� � '�:1�:3 h�' "t t . � i� , .��'��•,;�`��.�'•�ati's; ,'�k,lL;.-T'��`;�'' �w.;, any �erms of this A reemenL- or an o� tne cond�.�ions se� for�h 3n ;,�� �,- .`,�s «3Y%. F. �r ,�r :�'..F.��'�� 9 / Y , ' �'����K.1M2 r� .sk�,. ���•`° jl� �,y'jl.t1�.'lh�lF'lA f , ASj1'!}.;[L ' rY � i ['e':���✓�`•� �i'��•"'s�rKr4n�d. ✓F Iy... �fe.Y tt I:r !'� 1{�'%i "� 'r 4 :.�,.,,su '?`�r�,Z,.r.r,3�ti�:r.;�.,:;�.• �,�;�+F;;:°'� �he dead and sha11 be the prevailing p�r�y in �uGh actian, City ;�� � _. �: � ��:�;:, r-c:� .,.t.� �:� .�r�.•� �.�. �=� ; = .� �,:1;�'�.;� �.< °-: ;.�';�<'? ��;.: shall be entii�ed ta recov�r reasonable costs and reasanable �, .�R� y� , i,<< �� ��'t`F,?t°'\` ' t `� y � � . r,',i �:'r ! � ° �y� '°`-4�{;. ;`i;> a��orney r s �ees incurrad in connection �,ri�h such ac�ion. �{�� ��� 4,,�� � �'�;�;�,:,L.:::� ��;�,�� ��; . E;.; . ..;: 8 �,=-���'�.;:,�� 29. City, Clier� and Ci3Iis aqree that the failure o� �he Ci.ty ta '��,� ' �,,�. F*��±'3�.`s,:. ,.Y�� y��Ei�'' .,� ` ,.} !:."• k`'3::.: j �; ' � G tt�,:� :�:��� i�nsa,st upon �he s�rict or promp� en�orcement of th� terms, ,� t� ��,�' � r,r ,,;.;c."?;.��;.'� �:��. �,�F��:"� :-:;:;� covenants and canditions of t,his Agreement, or ai any conditions _'.�?: ��'�_- set forth in the c3eed, mar�gage, or no�e and �he acceptance of such ���:, . £4. ��� �:�" perforn�ance �hereafter unde� such agreement, cie�d, mortgaqer ar T! �K ,• :�� I,+.: :;;,�.: not�, shall. not co�►stitute a wai.v�r of the city�s righ� �a enf4rce f.hQ co�tract acco�rdi�g to its terms. 30. In the event tha� any p�r�.i.on of �hi� Agreement shal7. be held to be inva3.id tar any reason, such znvali.di�y shall r�ot affect the .; j .a. ;� t � xemaininq por�ions of �h�s Agreemsnt and the same sha�.]. remain in Yz��� 4� .� �'>� . � �� full �"orce and ef £ect . � °p� '' . '� � 31. �3.ient and CNHS shal.� save, ho�.d harmless, and release the C�.ty from any claim ar3�i�xc� under �hia contract except for an inten�ional breach wi�.�out gooc} cause by �he City o� Clearwater and, in any event, Client artd CNHS aha].l not be enti�kl,ed to damages cno(mcx��. r�tn 8 ;.�. , . � -� . . , .,.�g • �. . • ., � • rn �'; � _.i ' LtiiF� •(�J� 0 � � � - � � � � � i ' I�.N�Se3��j!$ .h r�;,� ' ,w � � '.e. r �aj�vs�t i. ,�,��..`��^��";`�? t 4M �S ' �i�l'�f. f • ���3 �7�Yi �����_� ,v,��Gr/;fti �+�l�;2 : . • � �(��,�r :r�; � ^, w i ;'�i �} i"r,l p� �'•',�J ' .��,� ��'t fa•.3i ,' �_�', �',�'�_,F., �'tt :j. ;�.,} t 'i '•`. ��`�e"r�`'>>'��`!i , rr.x�7�,�w:., I,„ Ai} � � �`j����?:' :r::} %� .�,1�:e o'�":`.;��•T ' •} ; � �.`j�t'�'4-. r'r� i',�1�,ji.+��i'iiF'7f. 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'�' a� �fl�� r ' 'li: ��' � fi�. 7; .`�.. , � Li. `;s�'� � ,f�'�°+ix',� :�'�: ��.�N:=��s'�'•"''�, �� �� k�'�r��';. �'" �: r�°S" €v°• °•. �� `'•� other than li u idated dama es nat ta exca�d am m�ne�ar �}� y �,-,s�,. ;�',..;�.t; . 9 g Y Y �, �' ,;• .f-. j,1: i-`. 1 • ,rl., �.f �t i '��;rJ r"�c; J �l f��':C. ; 7 � , k,�,,�n ,,�;f�;;;:,.;;<.'." consideratian supplicd by the Cli�nt directly to the City o� 'x,! � �yr '•,��rt:�.r,:,;•�,a ' , , , t' f •3,� 14�rM!r'�`+. : �. (.. ' . ¢ 7 � ��� a :t.�: �..) y [.�r � � �y�IP�:�I'!.. .. )�l R��::i Clearwater 0/, ���3U • .iT a . . i. . 32. This document contains a7.1 �he agreements be�ween �he par�3�s hereto, and may not be modi�ied in any other manner otiier than by agxeement in wri�ing signed by all the parta.es hereto, 33. This Agreement may be recarded in the Public Records of �he State of Fla�ida. 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'+j.', �;'�;�.,•; .�'� , � '�; r . � a �..M1l ,�^.�4br.l.' ;y'L9� ..,. .i _��'� :��;�-:' �... ..'' . ... � �,�1 Ager�da Cov�r Memorandum '� �tem � E�,{;,�.,. Y, �6� ��;.�, :. : ,.. ,•�,� . . � � . _ r �., ��� �3;�r.�: �rt:4'�:��. 4�' . � y� r i��� g �1�.�? �--�..�- ��s'�4 JI Ls� �e��' }�'*(.�F�'fT. `"' .;� , „ :4 r � . � . A o Meet n dale: �-, ,��t,. � J �., � �. '�R,::.�±.M1�, "'tr;':cs��:.�: `}' :..i, `'. � E . ��.', a�:,�'u���,, t�, �;._ r v:' .�• �;�.r` '� :: �, , �}�,;.:.s� � ww�+ ��7 , i ir . r r }'i �r� s,c".'•, �� �.i�y ��r'. `( ��Y� ���{: ��,� 7r Cr�a � . �i",i;•; '' ,�`''.� : ; � , : SUb �Cil t.. I 7 �i'�`',- 4. <�:�,�: �' .�,. '', . ., J PURCHASE OF SLACK 3408 PQLYETHY�ENE (PE) P�PE k;;� rs;�;,�,��g �"^ _` ��t� ��`�� .�.rt.:' f r� i j4".Si�`.: ;F�i ...•, s ;. '�i ��Ld�'J�':�.i4,' I,����.', �"i '�i.i�' �crt ; .�': �;:...'• � :.;; ` _ : � , L ��i�?1'^�if,i.:u+'+l±I,. � t: $ ::�� r�..:'. ,.,',, � .. � �s � ��j ���a�. ,� • �,��;:,�:,�:w�`'.f,�'':'' � >"t����-� �.��.'�� Racommen�atian1Motlan: Award an a�nua]. contra�� (8-1.3-g1 �.o 8-�2--92? �o �:�����t',�,�1� � ��.,� : � .t '�.;�:; , �'`; , , .. �r ,; � .,{._ .;. .;,....' :��°,'...; ;� � � ;'r ,�;:��ti;� °.�;• ..� .,�,;:;�.:;�;'.�±�, purchase b�ack 3908 (PE} pfpe to Phi.11.ips Engineering Company, „��r,�� i. � •, � ,;:, .. . , : •;:. : .� � ., , , s , ':s;�;�,�;;%�:.;:,�r:�:<� �E�;:�;�::.� .. ', C1Qarwa�er, Flarida a� an esti.matied cos�. of $�.52,418.Q4, which i.s '', ln � ;{ e °"�.s •r��*'«, t'. �:. . i � � i>. ` �r` � y rY � ;� �.�.,���?��,,_����':�:;:;;���.�;,`>; �he mos� res�onsive and respona�.bZe bid submitted in accardance s��;'�,�•r� � i¢s.'t ;' ��Y�:� �%-•�;..,�`,:.�;�t :,�:•._.:����'� with the specificatxans ���ti � � t .. ,:t�y�r's��. , .•'.a.� 4,.:',1.(� ,i;s i • s'' r� �.1;'� �rt ����`a� '�' � :,�.j'�'.�i�•���'�'�i�ti"�S:V .°��,�:;'`:.->�[�t• � and Ihat lhe appropriaie officE9ls be aulharizod to execu�e same. . `����,� �� i�� "�•`'•'��t,f�:.��'ijfi�,'lY�.'f."�'�,4�;'� '` ;� 5,�{r � I^ � `• j' " ? . ' . � j;. �� ' �ti �:....' '!SE_4Y„ r..'a,,;; S�. ;' •3', �,'�:�'+�,' : .� F�.; . . � � , 1 ;���j�".-��''.�''.�S�aY�y,...; .i' i�.; ':';��i" �r•y {' � BACKGROU�i7,. ' � �. �� R .1 �Y� • ,f 2'rf0�' E.;y , � . �.�5 . �� .�a•,��.� S�"'�;F r�','�?'a:;:�`���'�� �`'� 'F� � T�s bid representis �he Gas llivi�ion s e�ti.mated annu�Z ;���, �' ''h', 2 'w, r. 'V �. ,v F,.+,t, � .� ' t . �� '"�u,`..�,`,�f-�w��;'.��;��"l::'E�:f;:��,;:.�; xequi,xemen�s of "8000" 3�08 black high density gas pipe. Thi� is �� rtr ;4�,�..f '�,��,� ` " r,'> ,� . ? � ' �'• �" d �u 1ic Service , _ ,;` L�, �s=�.: :�;. ;;3;i:f'�`<�'::°:''�,;;.�i;�`. �� r.�' ' �he only type of pipe a�proved by the F�.ori a b •.}�,: � '''� � � �� a�..� �':'.wai; .4Y;, , a� +7;�,4Yti �;;,� :.,.��_t.� i s n o use in aur 100 si ress�arized nor�h e?cp�nsian ".�r�`��'���'�%. '` � .��,�.��• �;`';• ,�. -.•; � •� :�.. � Comnis ia f r p p .y�..; �,�., r ° A� .a LL,�� •;f 1:-.: • t,'� ; {; .>: , �a�,. a � � ,:�• -..,�,. .;�.,�. t, : �; ��:,;..���,,; ,,.-.,, . -22--92 This k� �����'�� � �.., ,:3 � ���� �� . � area �he can�ract pexiod wi13. be 8-13-91 �hraUgh 8 . -�-� z ,,�;,� ,� �' ; 1'' �y �� 5. f....l. k' . Y'� i 1 � �, . :�• L.�:FC�+�' {i�Ntii•'1� ��1��,� 'l'.•b. � !f S � � , � •+;;'���i�;i��.,�';:�r'��; ,v�.aw;�i"=,-�.� p pe s eq i d r aonstruCting gas mains and services �o new ~�� �� ��� -� •;;..,,,°: y , i i r u r e � o ���� , yti 'I`".�tt;��l� :��'.:.s7',�.�..i i'tiY:��1,;. `Y; � y,,�'. � • I + � �; �5,� f -� 'p "� �.k;"'. ',s�.,r�: ,; ,�s, cu��omers in the north expansion area, s }�' ° t �: � •.,�-:.?,=•.(^ ; � -:r� : ;.: �; ', • ' �, 7'.':•: ; , .:..:r,�y:.:: �, . . , �'rx '' .r �..� . .��i `t.' 4' ' '.,I'Ji��iF. - �t'hf� �� V +•R �. '��y ii��4��� .,Irf Sr ..': ti..,.• Jr. N' •�:�'t.• [ � T , G ' ��.:��.`�,?;r�,:��;�:i;a;�;;+,,�;it:=t:;'��;'`�A.,,:.:' Thir�y-two (32) bids were so1a.cited. On].y one t�.) bid was �,�.���,'�`��''��� �`:•:� . . � ����� �� '•:���,�,.,'!�),"t?�rr'�r ;'i_,e2`,-;:�d":y.+;i ,t :.: :,. ?.� a � +' ': ,. :�.•'t y ;,f,;�J�i;�'��.r rs,f;r'�...::i,. ;• ,• z�:�� r�' .'= �` • � "i 7:`-.L1�yirF�.eC•t�,�;�tir�i`�/,�:i`�,. 'ri�%.:e'i�.:�;'" '��.F�:�� ,?�.:•tfi..:�i:. i%i�'Sii;�. !�=-i.:�Aay-rxy,{ �;?::"[�:1 : h�C,!ii �;�''��""�;r�i. :li�lA\i.�;S.�,i, {'i J'i`° ,g'�fK%,1i•l�yt'�pi'i.r Yy�i �Rr�'li.(.:,'; �,•k i` ^j�. ��i'T..� •i..Kf; 2i? . i r�Y i}�' �; r' �i 4�f'ti, r;t 1•:'':�.'f. •. $ ^F� S',. •S'�:'i'•. `..Ci;t, r, �•°; sM. '�P'« 'a:'y1�f,�Fr:' 't,fi;,;�';;L%c.'�''. ; i�: . , .:,. '`•iyla;�+i�;�;�.,�'�� ,i ,�'�.ti'.:SA,,,r : )::Nt .i��' o--H"'� j ���{ �i�1� i�- �.. jf�_'���.,.1S�i:i�r:;.`_i.':�'.{;'..t'+i`. , �:.�,t��., , received. This was r►ot unexpected as this company mai.ntsi.ns a Fl�oxida distributorsh9.p �'ar �his tiype o£ pipe aZlowing them �o pass along 1.ower product transparta�ion co�ts, 4rhich r�duces the int�rest o�' ather bidc3ers to comp��e. '�he Gas 5caperin�enden� . recommends awarding �hie contrac�. �o Phi.Zli�e Engineering Compar►y of Clearwater, Florzda. � Th� Purchasing direc�or cancurs wi�h thi.s recommenda�.ion. '�`''�� The Fiscal Year 1990/91 Budge� o£ the Gas Division has sufficien� ��p'n G=� funds avaa.lable for �his expenditure. Purchases will be funded by .;,.•,.. `'`��`' �he�Gas Sys�em inventory code and charged to �he appropria�e .�..,�-:; "•�" pro�ec�s as withdrawn from 9.nventoz�y. �'unds �or cos� lo be ;_;;�.°�, incUrred a�ter Octoi�er 1, i4�i are requested in the recommended �'"4;;�� 1991/92 Budget. FX 199Q/91. FX 1997.j92 T0�'AL Ravicwed byi Qriginating Dept.: 1.ega1, NIA ' • � Budget ^ �"� �'ursi�asing.� LSser �ept.: ' Rlsic Mgm� ' OIS N/A , ' • ACM _..L�I/A _ Adve�tised: Other^__ 1+I/A Y„ p��61as Gottst.Rev ��...._ Paper, 6��.�+/9I. � Subrnittad• by: T' "IYz�tme � , r.� �. � Nol re ul�e�,2�/9] �u�,�,Q. � i.Vf�y Atiscted pariles . � � ❑ Kot�fea ' . Ciry,Manager � � ❑•Nol raquEred _,.—......._.�.�.� . d . . �� < < � � , $ 2J.,15Q.00 I35,943.00 y�15��L7�•V� �p5t5: �$��7}093 , Camm sslon Action: . 7atal pproved ��� �.� �n � Apprnved wlcand;lio�s Current Ff � Denied � ❑ Canttn�ed !a• Funding So�rce: � Capt. Emp: �' Jparaling - $� Othar_�s �Yste ApproprEatEon Code: Attachtnents: Bi.d Tab a3.d Su�ary 423-1-0141-�2a ' � 0 �o�n � c : ; � �f . .} �� �,� ,{ � �, '� �a i'# �.•. r• _ :5' 1.,� ',- .; . ,, `,. . t� ., ,,r- � ,•`.,;{. �y . , ,', { �, _.�: . r�;���� . n.' � i.'- ..�^j.'s�i1� �r� � � �' ��'+_�� .*. r � . , . `��; �i .,' • `, �rl.yx M•.� �' �' , . 'L „ �!+".. :,�.�;. . 4!',+' y' � �', ^ ,.f �.. �.�1r=t`i�Y'4.'�Y�� � i� • � �'='�I�tr•.�j,�S�': � Sd�ir'�£`;'y!� '^�'� . � +?Y�".:l,: �. �w��:��y���?��`'. ''� ± �i j�i,i 1;�Y �C'�"„�r � �. ,i�.}{�r ia a �� � . • �'ic;d���,5,� �+'� 2 .� ,li"fy��.ti'� � �� 3�3� �Lj+j . . 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'i�,.r�a 'f� .1' `'�� ' . , • ,. , . .'.'i ����e.�,���.�,%„ :i:�, .';�,,��' �'�t� :.��{�S.!�� �'� � •-''f ''�.' � f ^ ° .�', ' a'�, ' . , , . . . . . , . 'r . i: �� "'7r4 �.r,'� ,C. .t.r h.�� 1�. ,,"i1 , C.�. ' 1�. i . , . . • .� . fk�.�.._' : 1 ti ,.fs�,:.(�3,'s�';,��.�:: } �• ., , ' . , . -s . . '..f " �x-"'.'i}".,, ,k..��;���e't'fai�4�,�r�����d�;°`�';" 'y.y� :�...F'3 t. ;4•�'i�1„ . }:ti •' , • . , . � . . . . ' . ' , • �'1. . • �•�{.•� t`� `�.� r��;y'{,�i �i rl`A, '.V:. ,Y�� : ' { � . � �'. �! �� i k^. 'r ' 1. . , � r I t �. y��1" tA'! ` k%,{l�'F�� ��j:s! `�5.��': �ls y . .. � . ' . ' . • . . . ' , ' . . , ' . .' ., .��,f! �4` a.���}1r�:`!.a%`. <r�'.�.: �,1 ��":` . •3' t '� ',i. �'�Ws;',;y, . �.biyi , . �'i: t:, 1�,�. �f � " r'; ��.i.;,'M1': • ••..�''tl - j .'.i� ; , : - , ' � . . . , .. . , . ��� d :.t, jy �'° c,���r {4�i,. �; �`1§�,� `�� �� 1 .1• '1 �1 .. _ • .. � ' • ' ' . � �.�..�il'k<<):� h�.,`.j'.}{��i ` 'f� r �' ' 4 '� � . � . I ' �' .1.� ;..:'I ,�f.. ' ,t,`., f�,�..�, '";ya`'':�� ',.:'� • i . � � • • ' }r , �� �>. � - � . . , ' . ' ..r;�','1. �F • . . ' . , . � . . . � , , , : ,�:_ , 4, � , , . �. � � � � . � � • � ..r.�i � i� „ t. , . �'�� . '. � i. . . ' . . ' ',. r . . , .' : ` .. .IS' , ' � ...,, . ,. � , . � t` ' � • ' I . ' ' .. � � � • . . ' . i� ' . � . . � � ' �' ' ,1"' . , i � . . ' . . �•� � . � ' Y • , . � ,' . . .. ' � . : � �7''i��. , i' _ , . 5. • ' ... � , . . ,.. ,� � . ,' '�ili?'��`,..'.'i.�'�5i..�eL•r�'.. , r, .. .r.. ... ... ' ..�. . . , .. . . ...._. . . . .. � .. . . .. . .,, ,.� ..a.i:,tiw_....,.wr.:Y'.:�i1[r�Ws ', ' , ? , ' ' � ( ' , ' � f a F..' .i . . . � • � : . � •. ;� , . E����� �� � ` y�.�; ' •..;''�:, ' .� ; , �; � ::� • � s �. CLEARWATER GITY COMMISSiON � ; , > �;; �-' �� � ������ � .,�, � A� ; �':,�; r:3,:: � r, . . . . . . '.; : r°'. . _� ^ - = enda Cover Memorandum � ua�, w �.� � � ;;: �-:;�. , � . y � " � esling Dala• - - - ' '' �' � '�,p`+''�' . " ' �'�liE{I!r�.� - • ,,�': �i:`,�,.:F,�6 ,; � •i . ; ,.a:..•��;�. , _ •�1�,�,��..' � . I' ' ' ' r. ; �: ': r',..,,i•. ` ,°' • r' � ,i"" . ,� . �Ut}�BCt: E:, ' !, " •,�::, �'r,r,:�.7��� •:�s; .,�� ��� . .• Purchws� �af one (1) i�ord P�-Sa0 Truck with Trr�sh Bady & Crane Lnader .;'';; ; '•';4';�v' ' r;__;u; : � ' . � ;:�, ; y �`',�• . ,= � `� . . , . �, : ' �'.°"3�1����-: - � � � RecommendationlMo1ion: • �: �q-�' i��;�,.t:�s;`, ". ,.,: ,,.r ,`;;�,n;E,�,,�:q,,;���. ,�.:.�,e.: � ,t5%A�. ',�1 y.,��.''.' � . '� � .!�'.:1�.;!' "• (.l1'� f'L� � Award a cantract to H[ke Davidson Fard, .�acksonvills, FL, For the purchase of one (1) Ford �-Sp0 ,� ��.� �r� w��- +_: � � � ,��,�.�..-�t�=., ��'`� -;��.;: ,.��� �.:.� Truck with Trabh Bod and Petersen Industries Crane Loader aC a cost oF $57 966.75 which ts the .'� '-�-••__ �t�� Iy:. ,. • � ' ' �� . 4 y 1 ! � : ' �'jhi�F^` „'�4i�i 7}y'.Z��`iS'..i:. -�� ����`'•� �'" • lowest, moeC reeponsfve and responsib;e bid submitted !n accordanr.e wiCh specfFfcattons; financing �'''''�°�.•s�'• kr+ �-;�w�;�# . � i • ' ; �, ,:� t ., '''C'�� r,�R'r. �# �. t'' f♦ �'� • ' .�.i � • ' 1 i:� .s�iY,a'. P.;: � a.'r 3f`t '�t. ,, � � Co ba provided u�der the Citq s Master i.ease Purchase Agraement wlth AT&T Credit Ca:porarion, :�_ -�••: �•.,��e, ���;,� ��. : �;��. } � �i �,, � F ficials he authorizad ta execute came. .�� '.� =�f}"�S'�'���,'�,�,a��,�;`-. ,. �,:`' .. . � and thnt the approprlate af ti'.., rf `�'�� {;`. �=" . '��'' - . 'w: f1� .t�:;��'. �.J_' .' ' �'•�,�.�'��t`i' ,: �� �' ���� . �:c:: _ ��, , �>•.. BACKGROUND: �•�'����_• �`.:��: ,... 5�., :y; " ,. �;' . -;n�rs:�'.�_N }j t'�>�,' . . ..�;-'' ��e,� ' . .�,.�•N, . ., 4� Y;�:�:��. . . Y�e'• . .'T: : � e}`�71 �,�s,iC_f,:2-J': tirSJ°y,f�t: . .' ' : [C:'.::�'[',k. �.�i�'�r�1' •,� • ,.� :� .°:�i�- �� : "� B�ds were svlicited and rece�ved for ane (l) Truck with Trash Body and Crane Loader in r�ccordance '• �,�: �:;;�-�,;, .,,,.,�.} ;�;.��;• : �' ,,s�. � a, wlth detailed specificaClons. Eleven (lI) vendors submitted a total of 15 bids (�F alternate bids? Far ':���;' ��=:`���:;{'��;��'���E: � � �; ' ' �: thls purchas�. �'\,-,�,�r�`r''-i���;�'.�:, c: ; ;;.,, ,y-t•.: r' " � w�"�. r.r '��.i" '.iM1 . . . '�C�Fit�r�S�Y�I`.Ci:�i�'�r{�{=�� t � •' �:':,r.Y,:.k'y �C,.. �rv ,�• � '.'+� • C3ne I vend i M ke David on l�ord me the Ci `s ta 1 ,1��"• `'`s#;'��'�"��� :�#`; . 4 () o, i s , t ty de f ed specifications (�.g., �.V.W.: 33,000 ibs., ����:�,,��;�.t''.��•.`: ��z,,,! ����,.; :,: , .• ���:�� � �� �' cab to ax1e; 202", Frame: boxed-in frame, etc.). The speciffcatlans require a 202" cab to axle disrance ••r��1'j•� +>��, „. �., "'�, ' i � . � 1�;�: , ;t . 1 I��a�.Y �j �;i,3 a ro prevent the ex�rdenced fcame buc4cSing frorn tihe excessive bodV overhan on the 185" evheel base "'`��'��Fik```�;r` ��'{;.�;'''�. � ; � • . ��: ' , ; f g !ry�i`� r�?Y^i 3�.�;..' ;�i;:.,�,, : ,�.�,: � � during dumping of �olid waste. ?.[ike Davfdson Fard egreed to custamize the fcame to meet the City�S �7''1��7��,�+p�,hr�.��.���r;:;:r ' f. . ir ��,^:';' • ,�;: i '?,t �r ° • ,:v�-. ':±��: °'�' ;� specfficatione (currenti Ctry vehfcles havs ehe 202 cab to axle whees base). ��;��4•�,�r`��.����F�;�.�. ;�;����� . ! , I J` ws� ''' ,�' �'-�`: � t� :i ^;5�,'S^ �ri'�;.��•.t}t,� S��y,:.; �, i • ��4'1t'' ' ��-���l:i' �Y.�'.e''kql�t.r���(� i =4�.:.r ;',}, , � .,•;����� �. ����. The bid tabulattan refIects a numaer next Co each bid; Che fallowin summarizas Che deficiencfe& '�� =��, , 5��y'��� �-1t ',:: � S .; •k;.,:.�:�iri �X,,1�ryl,j��%` •,� • �`.S` •' � : in the bids: Btdcler No, I(alternate bid) and No. 8 do not meet the G.V.W., cab to axlet and frame �'�;;;�.�r,;;:';�� ;i •f••==ne;; . `� : r, . . ..,., ; ,� , ; - .., ,r; s;�;, , 4 , "� �'r= � "'� requireme��ts. Bidder No. 2(alternate bid) and No. 1.0 do not meer the G,V.W, and cah to axle require- `„'*�:�'�',;;'�'°`�"�s: ��;r�:�. � .t�. "�.'ti,''!?�', r•�'�� ' . : .F�:�..r�.4: �.��}i:,,. �r-�'.;'�-�,.; ��: ', , ments. ntdder Na. 3, Na. 4(alCernate bid), No. 6, No, 7, No. 9, and No. 11 do not meet the cab to ' x���:s - °"�;;�. � : . : � g . �. : ;__ �:, , : r��. : ���'�' �i �� �_' �`- �=3 - - v axle requirem�nt. B(dder No. 5 does noti meet the cab to axle, atI tank! k+orking height and hQnm °�' �'� r�'' '�'' -�°��"� ' 'c_" , ,_',� ';, :' _:'. . ;.�,;:.- ;-. `�� ��`'' `°`.��' � extenston re tttrements. Bidder No. 12 is Mike Davidson Ford� this vendor submitted the lowest bid '��>�:'��r���:'s�.�z'�':�����;"..:;�� ��• Q ► F�.�• .,•,�.;��Ra �. ,��.� Y, ��� .;- � for Chis purchase in accardance with specffications. Bfdder No. 13 (alternaCe bid), No. Z4, and No. 15 �''='"•• ��+�'rr'.:;�.s: '��w °� �`' �` . ,`�1+•: ', � � . . . ;;��p��. .:,. �-">,�;'�.�'.� :�:�;�;� �`,•-�'�.��- are higher than the l�fike Davidson �ord bfd therefore staff recommends that rtlke Davidsan Ford '� '�`���"�:`'y°=:{�°'l��,;� '`. .` .'1'l4"n. f.'.:�•.._j:f 'i,.. • 1 ! � ��;'�,.,:�i4`... r ,.. � . ^'.:•� �'}� � • ,,::` °''�� be awarded the contract for Bid No. 85-91. : �.�°''" ` �` . .6f'. 1 J" .1 � .� i '� � .l•�.l' . • .��t'i : ` ' e�'?„;�� . ,,�;�� ;.i. - .• �';-�� ��L' ;/;�� :�. ��s1:i;yRie�' : "' ��� _'� ' ' y'` e : .. } ' `� .'Ya. •j` s. a r��� �'��`� �i' 7s.�' '��;;'::�' This urch�se is a re lacement far Vehicle No. 2080.143 a Z983 Ford trash truck and is used by � �''' Y#f�'�i'"��''��;' . ,�;.,� �� •:, �;`�. . � �' A P � � he = ,�,;;r:,.,;;, ;�y,.� �,.._ . ' �;, , ,�: -:�:1=�':�,.°y i:±> �,'l,., ,4. �'°�j��,'i';; Pablic Works Department/Solid !�'�sre Divlsion in its daily activities. ',,;,,,.ra;�'w`���'��',;�y�F;`�;�'�'. ; x�!�''a; S!�.:�i�' ;r,^::�.'i`:,F�,��'f�'i�`j�.'}'sr�';•� �'r�,,.i�,�',�,Sa.�y;jl 4t t,H i t'�'it' � .' . � "u ! .y. .� ?'�::-. . ��,t' " @;";y b {.L� ��'.'i • -.; s•: . .-i. S ':Ki;:6'ir�'.-� .S:rG.. . � :.�ii:'•::..FrJ l(.t,.� lititi't �::.' ' '•F'.:'.���1�:t;'f, ..,:�......� �. ;-p=�,s ,�. .....;;.; . j.�;.�;.'., Thls repSacs�nent purchase was approved by the City Cammission during its 1990/91 Budget Hearing ..._..� h.,.:�.; �.,�,r:,•� �r� _. :, �,:• , , . f a ^ F'r,l • ,'.° . �''c ��'i". ":,'•�' `�' '��;� °' Meeeings and is listed on th� approved Vehfcle Reptacement I.ist as p�blished fn the I990/9I budget. "N`��;>3�s:�;w`''=�;''�� -�•�;` • �.r. �' �.9J•r'�' •! `�3p . Ja� �„'; � . .' i:i.� .y �. �9C1 , 4 it.. j,'s,. - �'.`" ��1;!S��`CY ' ! 'Iz ti ...,._ . . . Y.+ 1.":;��L'„ i'i4iq.�.�'. +y.!„'d.`:y^St;:': <�:.1.i1'.�.�,!'rti,r�„•' }�,-�' '�`::r.�<'��iks'��=L?��t;is1�.'"�<4:r� ' ��q ���i�:� i�� •.{;.�� ��� '�;�:r-�;,: ;� i�unding far this purchase i� budgete�l in Che Capital Tmpravement Project for the Garage Fund for '•;•�'w��;'.�, �.�•:Z���r`;'s� • ��SnjF:is '�n�F��h�;?�;�r•" fj;�sr�.:L';.., [� �y r`!.d{.iw '-;'r, e�' „e�G: Si:�ft.i.t'Y��,�Urf��ZR's��S��y�'t'lwy����.'X.���f'r'r:.' '1 � Q P.rn� ��'� 4L �»5a1/540• ,�,'�%1_7'ih '2'{`Cj`.'�'*' �`� . � . , ; , ' 8 ui ment Ra lacem 3 1- 1 � , ��'};;�:�;.t � ; ' :}; j�+ �; ✓ r.'>�/ • '4i?:; '�` i',.i'. •+; ' .� ;�:,�`,.;,t ,.j:��,. s ��.', y n ti r�,.: . r,,`,��f1'S !! , F' ;'�tFil'.) �. s kn� �:' r ;,"l} � i� =�If r�'f" 5 .i���' �,i. ��lY^t.j i J 3� 'ji,;J�' ;s .�iXf��'� �.:'��;' ,i;�;i�r'y�r>t�. 't .JfXI.' f�, � � .r'� i!ro �"`s�;+� �'��� �;;4: °� f�iscal ear I990 9� bud etar im act wfll be 3�IZ,00 1'rinci al: Z 46I.00• Interast: 931.00 '�''� `� _�y'��`��`���J'��" �:� :.��;� � �:��::�.i . -,;��, :� '�: . y l g Y P $ , { P $ � , � }3 ;� r,s t.y�: E;�...•,��� ., . �F � � r.�. i � �',!'.c �+w"'� .�'-,: : -'�iI,4 t,. Y � 4'�r a � =`�h����n���Gg;���+��;��� ,��;�r_7:'= ffnancing to be provtded under th� Ctty's Master Lease Purchase AgreemenC wich ATf�T CrediC .,{;���'�Y?��'��5�:�:�t�t,r;gz��t i,%,��n`,,.�XtQK� ���1"b'F"�ij �!`:�' ti�i:'i�: �r�c �;ji••6't'>i: ,;�+., �� � y � �,�., x��.����::. Corporatfon. �c c-.� .�a �� �.� � ; �x'G ��a,,. ti°�,•a5�, + �_� . 1� �: �`�4'�: •� `F°S};''��''� �f•.. � rf .o`::' )�r, ,E'.. � i'.:�%+r �" �?,,;r•, �*, � r��, Sti , � ��t `"G ``�t?�'��:�� � �,:r��i,<��,.��;' :,_.: �,�.; 4,, ���..� ,�:! �,.x� ��st� �^���'�'tit�1.���4 � Costs• $57,966.75� Cam isslon Action: .:�';.:� n��.�;���f� , �•�f�, .. �z ' ��� � .� �; Re�iewed by: Ori$inacing D�p�.�7µ . �+ .;,., p�, �r�'��, �i� � ��:•�� ,'�r '°a'�s�•I l 4��',�',�:�, N A " V i TO�aI � ;�i ��,ccaj:r•. ��� �. ' �'�: � i r �f .1 3% r.h%� i ' F' � :.�.�:� ����s• �. t.. Le al � roved k • ,��...��;;, �.;�� �. {, .� .�c w'- S PP rr '�1_, .• ��,�' '�� ,�.,�� y,,� l, G�neral5ervices :�:,�;�;.�:�,•,;- �:: � �'�r: , � • � �.:•�: r � �•:-'•, ,°. � r# rtf°�.;�:• ;�'. 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'�°: �.. !' -- r i,'. .�:.y :. .r.�4•.,i+�••.-� . . . ......r�Y AcffiK . , � r�[ t �y ' . '�� � i • � ' ' '�.f:.�j'}�^f'S��►'l��i'ii�l:i�if�.� . ' � . � '�':t��i��y'1, �t•�p�j,�,,°�''��,.� �%,'b•". ' , �, , .� ; �, t ���1�•x �, Y��rti'i F � � . r • ,ri;i;a.Y4 r11:_�jY �t �f{i,� �:r�;''� �. '°', =t. ! �SE.� `� CLEAHWATER CITY C41ANfISSION � �:1t,�,=:,,�r;��=y�A����=:;=�����."�f'�r:. ' " ��� �r �' ? � � ,y.ic�t��;�ii'M�Li�F �.z�."chtf��i- . ..��,, ��� ; . . �� �, -�- � Agenda Co�er Memor�ndum � ltnm N r� � �-�'� ;. �� t; ' � s F 4 r'y�. i�`1ra�5�' *,:�T* 1?�tf; . c�: ! 'r�gj,` = V�,oQ' eeting pate� 8 15 91 { f n'��s;r°� ^ ' �`� � �: . ,. ATE11;,.� �.'.,f`'�ti'. •. �,�5�. ,, � � ,,'. . ' , � .. ' 's. ' �;t:�;��x,, .� �„ � e �i F� . ;, :; , ;. ` • . �' -h-!';•,€''t;T'F �:,��� } �s ;�',., �'t'a'- SUbjBCt: , �.;; � �' � � Amend xhe Purchase aP One (1) Ford 260-C Wheal Tractor :�;�,. rh•`•..:':�::�'����".�° �'"'� e ��: `y , �, ;t.� �Y`',.�.` ��•�. ��`�. � k�..}�il.l:���i`��i.��'"�+��5�{n��;. t , ' . • , r `'�}'��i`r+ '�••n.', 4t ai�Y.",,�'/ � �`I ', ••i• .}, ;;rt.:.',"i?'S [; ��"� ;C��rt�([�jL 3. � ? � �r �� 1 . . ReGammend�tlonlMDt�On: '.-�': :��.<,���:� ��, �' � `���3,' - i<���,��`��'� �'•�' ., " '�' • t to Brookin Ford Tra�tor Cam an Oldsmar FL and award a tontract to '''�'" `�� ^�'�'�.''�`�`' °� '�, g P Y ';:;,``•" �_,';Z�,'. 5£� E. �,� .. � ,: .�, Rescind the conCrac � , , ��, �`�� "t �:,�.� �-� • -��- V�' :s;,;, ';;�• .�,� Ford New Holland, Inc., Tucker. GA, for the purchase af one (1) Ford 260-C wheeI tractor with bvx ����±s;� „t,t,���;,�;;;�'�"°�'� ?''� '���` ��' "�'` � bl�de and dozer bl�de, at a cost oF $If3,54Fi.OD, from 5tate Contracr 765-900-9I�1, in accordancE ,Nti �",�",�,��;=�; ##�, �, � .�,.� `;,t•�'' ,�; � '��=�� �''� ;�,�" � �'.;"3 .;,�= ��, .'' � with Sec�ian �42.23{4} of the Clearwater Code of 4sdinances. :.,� '�'� f ' . � � "- .ti.:: �- ' , a .. �a ����;� - � �' °} � !. `i�':r',: "� -; i,; I. Gl and that !ha appropriete ofilaials bo authorizad to oxecutg same. ;'�:.�:�,`�. �����,�;x f. , y t t. '�'��+.,1��? v•-�!��� .. .�� � i�,�.F'd<,?f;;�,��y • �y" � : . � �5 , �. �., . . �' t , � �, �.:� ; ;�;� �',:.; � � BACKGROUND: �_;�;,:�'�j,: . � • � . ' px �%' 'Fi., �r� ��`,�. ,, ., ' .�f ,(�:[�i y,� � '�o a � �.7 s `4'•' r i� � � \' l� i'.�1F.!`�,�r�,�,��" � �. �� ��'" ;;:i? '����,' Bids were solicited {under Bid No. 95-9I) for one (1} Ind�sttiat Wheel Tractor. No btds were recelvcd .;f�;r��}f'���k"�r '�� '�, • < '`'. ,•r' • , ndo F d N olland '� '�;�:ar:�,' � c.� �� `� , �,. , ��•' :. ' ,� e� � €or this purchase. k�leet Admintstratlon cont�cred th� Srate ConCracC ve r, or ew H , fft,y�L���,���P���°,,,��,, �„, ,; +'G'n a1Z'� Y? .Sf�', � 1.' �iie� �If�� s�l�. Y'�''�'.r�I'�,'.'�� � V..4 �. ;� .�� t,: '` ." _.•'r�� � . and this vendor referred the urchase to a local vendor Brookfn Ford at State Contract ricin . •��.•�?�,�.-.L � � •ti� .�,' ;,;. ,_ . P ► S � P g ,.� �.�,�;y1�t�n����:�i'� ; '`"�j , . •���i�,: : k -,yli�;'y�i;" �a' ���i:���; 7"y��� '#S�iyr,� � ;� ( �„•�-' " .' . - %.,� r: �! �?y�,y. 1 {:` :�r:•� �.�:'! ':1 15�. '...� - .N3�'."� �'�v �y.'��l�i ' �. -_:' ;.�. :,;� .;• _:,,, ��,;,�:f�.;r;, On .Iuly 18, 1991, the City Commissivn awarded the purchase of one (1) Ford 26Q�C wi�eel tractor :,;j�,.q�����,�'���i��;r� ,n� fi�,�„ ,'' �'`°�'� ``'`„' ��`� with box blade and dozet blade &t & COSC p� I$ S�F8.bD to Brookin Ford Tracror Com an Oldsmar `�' 'r .��. �.� ��,. � . , : � �r�^ � � {-�F: � , i : 7: •� ��; sb�< .. . ��: :'i' ;';;?'' ..-�r,'��,.,i.���., : � � r f � p yr ' >�'�' ` �}n7i��`�" f, '�Tr: a� � s; � �j` ; '.� ,� --� ,: . .,'= PL, under State Contract 765-9D0-91-1. ��';�°:?; �����,�!���"� �°�; :,.' ' �t,, ;;;t; :��;':.-';. ::; .:: . °•t` .,,�,- � �•a St=; ; . ,. . . �. �, . . ;. , ;,i: , „`� 3ya., .�t�� <_. " ri 1/,j4�. �' . ,� �:�r';r.l�;•7-�tA7 I�, z,. �,�' "���y'. �`'�����'a��,�� �n rriday, July 26, 1991, the F�rchasing Dlvislon was advised by Ford New Holland, Inc. that the ��, s7 �,��;;���'���'�ii�4'��' , ,� .;�� '.,,�- Y,,'�, v; r,f �' , �,F ; 3 .` , }:� �.� r�'ir �k`:., �..� ;�.;r;`,,,;� y • 3 Stttt� Contract pricing couZd only be obtained from Ford New HolIand� lnc., therefore, the City is ';�,��="t�;�.K.�;s�k��w:��µrr ;tA.. �. �.a:�,�....�t.a ,� .�.ri'Y; "�� ,,SE' ''� +��" ` ' '-� ,'S `.�C�,'�." •y,£.,.� �i"�.i �.,t�. � `�$4:� �� ti,1:�:���' amending fts recommendation from Broolting Ford Tractar Campany, Oldsmar, FL, ta Ford New : „�,,.�,u;.;;. ���'#,��s'���.�,. s :.,�, Y �::r<:... ;.,'�° . „ . .: -' w �,.. ��:��':�.a� r.�f�'~.y. ��`y .�il: 1.. . t;.. .f �rSi a'::' rfi��r'��."'l�-e• -: '�?'s` ,.�:r.; -., Halland, lnc., Tucker, GA. The cost, $16,54B.Dd, remalns the same. ,,��L.� �„ S��`,���:•..:� ;�qr,,,.•� . 1.� . �.- e 4 1 � � , � ' �.,'Z,'1,�:�i` . ��,4�i"' `�, 3, :`.Yry ;;�', .. . �I �;��d" : �an j' �L �� A`. :.. ,-._ � !•' t'�` y,;� •` . -'i..� •. �. ,��rSr.:. � : �.. ( � f, 1 ' '1�'�'h'���\ �1 {��,`',�tif�.�t' '. .u� ,•i�Aw�'..°,b`�',;;� i;;:Y � ;�'sa��' •{-�•<,�..> 'i ��r:� This purchabe fs a replacer�ient f4r Vehicie Na. 2050,�6 a l982 Ford tractor witih dozer blgde �nd .;��:� {�-'�-�'y,?'�"a•`T�3 ��` ' •� :`t � t ` 1 , 1..,..t:'t:.,, �A� � 4 .�a '; ; ,r...,rj`�.�� .�+ .;"� � 5.� � J,�y�' Y,:�.`�`,.A,..s,. �c�1y�t�,�'•i'� '�;• 7°';(.�.`.�''i�'�`� box blade and is used b rh� Public Works De artment/Infrastructure/Water Uivisinn ro assist in ,f.� ' �•°�-� �-g`" �'�tis�,:':;'� � '�: ' �•�. � ► Y P .., �.= c` F,. Y:�'i'u'�'�,Y'i'�L �*;���;�`•;,;� };';i:'`;'�'s�'''°'';';r�; � e back-fllling utyd rough-grad[ng pracess for constructfon profects. �'�;.o�:�`�r'�.,;,"�t��:�s"�.�;;;•?;;.;;;� , �' " th ' , , 1 <:�_,-.. �, z<,=,..., � �}!sq`'' :?.;.:• 'a'. ' •"�.1'� � ,:. ��' :: �''3 :'di.} i �+'�ti, � �"�;�: +'al{''r �•,y � �: � ��', .��..i�., Y .''t�.;:i., • � �1. ',r. � i: ��,i 1�7� �• ,�:��,, 11� s1 �;u�-�'t{+,.'�-t:k�, ;�+�"•`:� ;;:�:�-'��� �"1�`�;:;` '�'� �� :.., This re�lacement purchase was approved by the Ciry Cammissian during irs 1940/91 budget hearing "' ��'��., `�•� ��'�,rr� �;��y`�'�,'j� t�• nYO vr1, t �`",. , .. �'� r .��A ' �.z i'.��.:^�• �' f�. r'� �!'�''''T� '� � ��'' d 1 s o e c taccm list as ublished in the 1990 91 bud et. :;z�: �� =�;ti�::;?��s`- `` f�- ��,;q":'�� ;'<'.' ;;,;,�{f. .�w,•: meerings an fs f ted n the approved v hi ie rep ent p / g ;:�� , ,. }.. �. ' 1..'P i r 'I.i:':- . . %jr.ti''i'i. �:�:":'y,• ..l`. •L�' +Y�:`.. ' •'+yti�., ' �f.i . {it "L'"' �; ' • 'k ��. q . �•x i.:� �•e;M. �'�F rl' � r �r� .,t:r"Y . �e.t;, �J.t:•° i.�;�t�_�i} �t' �: .i��a:.�t^.-{'�:'.d'�._ :itii`;....Ir..',rao-.��.•:L :.�-.��;..1,Y.�}e.}.:7��iy7:�.n , Funding for Chie purchage is bud�eted in Yhe Cap�tai lmprovament I'roject for the Garaga Fund for Equipment Replacetnent 3I5-1�42I3-641/540. Fiscal year 1990/91 budgetary impact will be $18,548.00. Aaviewod py: �riq�natln� [1ept,�%��� l.opal General Service� 8udpet Purchesing liser Dept.: Riak Mgmt.�l,�..._— �,W,�Infras./Water �IS � iv/A-- ACM � �+�v���$ � 5/17/9I Dther pat�: ' S/P Titnes � 8ubmlri� hy: ' �g�r' P.C. Rerriew /� � / 'r , �"' ❑ Nol�requlred �(C�`�1 �tJ� AHacted urtles U ❑ Natilied City Mana�er L7 Nat requlred � COSts: .� I 8.5 h8.00 Tolal $is,sas.ao CurrunE �Y Funding Souroo: � Capt. frrtp, ❑ Operating ❑ othdr App►aprietion �ode; Cammfaalon Actlon: �Approveri ❑ Approvad wlcandHions ❑ �en�ed ❑ Continued to: Attmchmonts: 315-1-4213-b41/590 I � None • ;� � ..a'� � �.: '.',T.r �v ii'i.l4�i� 1' . ii;: •i.:�r�i�;� 1 a,�`'�if�tT���; ., ,�f��-a.x�t h��J'�+�t^'7�ii�'+� r, ., �',, • ;�,_`` � ° ��:w: :� �'*�;�'��' .5;�..stk .,'•;�� `:� .*,? 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M1 � �t` J .'i�`;'J'' '`� .1 ' � 1 � k�t, � • !� ' • ' ;'s'' i l'`� ;; - . . . - . . . . � . , �!� �13..,. �i�• ': ',t� �{}, . s , , : � , , . . . . . �� �.� , � i�Y'::���l�kk'tYK^ ���^���1,+.-, ...,._. �.� . .. : ._ � . , 7,c... . .r 4:..,:;�.... � i� � ' : r,� � ., . � ��k,tl�:Os+i*l�r�.lG-�li.4env�«LwwJ:�: �s..:....�..-.=�.' .r ..a....':. .,...,.... .. . ...... ... .� ... . , . ..l_ - s. ,� . . , • � .... � m• . n F, Yiy.;'�v.t/t: hi:lx,-f�r�7y �k F,� �1i� 1.�.�� � tfty+��j " es„• -{' ;t'< :.f�i'';��ai�f� � '`,. ' � . ` �' `i.t'�*+� f`l '�S� . . . ~ I 1.5� �;� � ki .� ' � • ' :*!;.pri�,Y`��tl�+� � 'L . � , `�;� . ,. �1: �'criM��� � � trlr"a � r •� , 3t� ., �:R�rt:}; � ,. i'.. �r�,la' t�,�� , ' , "s : ';� �� .,,,,�'.-�:�'.,��� �`�t'�` � � , . �.� :�,:��.�:i§�`,t��.i. � � . , , .�` i..�., j,, .,���' x �. . - y�' . A �.+i '.yyk ';��� ' . . ,' � •� , ��1{• S�� �. rti'F�, i ; :Nr.,, +�'.rs:r.'h7'.NW��; `�r� '*' R^� . r�_�i.�l_:..L'�_idi% • . � � _ � i � , :_�,+,. .'' ,'i;:�-, •.s . � � ]U �yaG��p ��y�1a� � ' .� . .. �r � . SEl.I•s � �, t� � 1 5 1 ' " �`�� ' �. CLEARWATER CITY COMM15500N � �•3:f � ',•4i..�i.,' ,' ' : �`,� `�:.���at� �' . ' � �� � . . : � . � �-� d Agenda Cov�r Niemorandum - � � ��am M `�� �- ii•.•�I,,F•.` .1F "' . . � . •�► � o� �'� S�-MeeUnQDatc: 7/18/91 t: ;;:..,r:. � .,' �. n..� � - � �'ATEA� �r }': {': ' • � • . ��' ' c �' ` � ���r�.�r.. .�ri�rni�rwr�^ i�.� �,,�;':'�;,,� M� '; ' ;s�'� . ' � � SubJect: "� �t'� �urchase of One (!} Fflrd Z6ti-C Wheel Ttactnr ��� ��° ' .,: ,�:; .. � : �;�� �,�I 's .j: :�-. ' � . �. � i AecammendationlMotion: � ;,, ,,,,,,, , ;; , , ,, . ; �y;;'�r'.�;,;-,;.': ;.';,;; ., �:��•� i A�ard a cantr�ct ta Bruoking Ford T�actor Campanp, Oldsmar. FI., for the purchaee af ane (1) �ord � ' � =r� ' ` �' �'" . �;�'1. . , �.;, • �� 26Q-C wheel ttactor �vtth bax blade and dozer blade� st a cost of $18,546.00, from State ContracC �'y','.��; `', `�•1:�� �: �� ,;' 765-900-91-I, in accordas�ce wfth Section 42.23(4} of the Clet�rwater Code of Ordinances. ;k,���'�.` ;`;; ,,�.� .. . � - r.=^ .�: �'. ��?':``�ti:`-`•� ���� � � and that the appropri�te nflicfals be authorizad lo execute same. � , : .,.., ; ., ,�; . , �,.. ',_ • .` ' .. . ; ;� � . : i• �. ; �•,}. . •.�'�".; �. '9: . . °��: ts �','.��;'� • �.1;,.... BA�KGROUNC�: ti.=.. ��`.K, i.f.' �: . :����Y''f'�~'!.; •� ,:��', � '.t'Sv'' :�'1 �1%''ti"� ': ; .. 4..':4;b;i�i�s;;:j''�S.•:'"i,I: � 'b . .. . � •a •^'• .S+z�:.r� �s. .:'r � Y �?,, �; ..r, n. . +.: � .. � e s � ^ '. j�'1 . B1ds were soIlcited (under I3id Nv. 95-91) for one (1 ]ndustrlal Wheel Tractor. '" ',,. `:;•'�_'' '<:•��_°. ''f> _ ) Na bids were tecel�ed .�•• "..:'?}'�`- �M1 �'•'` � ''� `�� ' w•�'° �'" •'� ��`�M����}��` ��'°'.'' for this purchase. Fleet Adminlstratian contacted the State Contract vencior� Ford New Holla�nd� � "���,��S�.i.... :.. i '.�'...�j,� . ''���''=�'�'�"�5`"� "�"''��'' "� � and th�s vendor teferred the purchase to a 1oca1 vendor, Broaking Ford, at State ContracC pHcing. .:�;`i.: ....5:�:'��:, >e'1 '..i_: ,'{' ;�: '�t::� � 4�,'�f,,,:i:'�'.� .:r:,' �' �-^:,,,�.,• :y-.,;�;� t.. �•r�.����.'�,f:��� �•'�°=''tw����.•�'' `••��� ''''' ''�'°�''�r�'� `'� This pu�chase is a repl�cement fas Vehlcle No. 2fl54.56. a I982 For� tr�xctor with tiozer bSt�de and ..� �. , ,. .,. � ".' .'�.;.��;:; ��:� ���;�,°'��,. ��'•� ;:�; x'.. ' " ��� �•a°,��,;..�;;�;':.� box blade, and ie used by the P�blic Works Department/InfrasCructure/Water Dtvlsion to asslst in �<}'�'::�`t�.a�.i` i:� �.t� �'..1.. . ; � . . . " i s.; ...�: �f"- ;��^ �':-��;����.`;� ���y••, ``��,���� the back-filling and tough-grading procesa for construction Qrajects, :'a'r` :h:;i;'�V'� ��;Ft:,: ;F� �'' '`��i`.�>���" '"°•' :,"y'�°�E�;.' �'.''�• A;i.���'° Thfs replacement purchase was apprpved by the City Cammission during its 199Q/91 budget hearing ,; °" .„� ;,�.' . . �t� F. ���'��_��;_ �:'�i��=,°' {::� "��:i� meettngs and ts list�d on the appraved vehicIe repiacement llst as pubiished fn the I990/91 budget. . �j'-.�e .;:: : ; ,N,. .: ; ;,. ';;�i�;:'i`'. ;F;� Si� "it L'i '��`Ff%' ,} . . . -`c:' . �}','�I_�r+�,i }h :`:i'�'FS �i.." � :w¢•.se � . t:"�•�':�}�' . <<."{_4i'rFi�,�IS.F� e:.��_:. !�:��4�,�,M ::'� :;"•�,.:. ,:: ;i� !r. �`i ;'k�.:,.r „ � a.i . :, �, � ... jy, 3'; � � � �:�y.'.; � �7�� i�%(�.�.r;'�.°��'� ." �.' '. �' ° `ri,:�: a,��,�:i,. ���,,��''.Y ra "�.,;�-�y; ;r -:- ..� .�::`;.l;•.:i'w• ..�;��s� �; tAr''�r�. i''-il'��"•Y�::'�,�i• :. ".z� ����+r� �r�EY:: �=�%�.�'..) .:y�` y,! � ,-f' !x;,;.. '�., , �`. „���'�'...i r,;..jir:J�..'�`1'� '''��E:�:4r. �-s�'���`?�'�. '14;�' �I:ii���7•.. �� �1'��,� ` -'�-.�,` � p�. {'�1� '�f�`lt�.�°+',� 'f`'r�p�'74�' : ���x�?� �_!{���j�i 4;,�i�ir�:-'�j'. ���i�r.,.�:ss ;n:S3���. ��>�;��,� �� ,�.�:,��.�;.,��y. t ����.6�c��;"'i�"�=,�' . evY 'e!`Fr, ��•� .^7.3���+,,rt;�"5�4�:i ziF��i hh'[ Funding far this purchase fs budgeted in the Capltal Improvement Project for the Garage Fund for �qvipment RepIacemenC 315-1-4213-641/59{3, • Fiscal year 1990/91 budgetary im�act wil! be $18,548.00. R�vlewed by: Lagal N�'4 Budgel Purchasing Riak Mgmt..N,($ _^,.� 4]IS Nr1� ACM.,,,_ , __ „ Other f�ubmftted by: Clty Manager � , .., � 1 �N�inattng Re�t Usar �ept.: � , Advertlsed: nat�: 5/to � SIi�/9 Pepor: S/P Tfines � ❑ Nol repuired P.C. AfTected partiea Revle� ❑ Nctilled L�1 Nol requlrod Ca�ts: $;$.�48.OD _ �omrn �sion Actlon: iolal Approved ��g���g.pp Cl Approved wlcar.dit{ons Current FY ❑ DeNed ❑ ConUnued ta: Fu�dfng Saurae: �'1 Capt. imp. 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' �. t ` � . . �, . � - __� �, `::,.� ;:s:�z:�:�� .. ,,�� : . - ` �E�l�•�� CLEARWATER CITY COMMISSION : �'�'s;�`; �` :`}'�'y`'�'�` ' � . . i�. . � � : ,. .,�,:'-.:.:.' � ,a� Q ,��. J ,'r :.f'' t ;}' !'k.'�',�.;4!'' �` . . � .'`� .- �� � . `� , = �=._ o Agenda Cover Memorandum � � u�m ..`�;.;:>.;.i°' ` - . .. � i � ' i— 7 T.'.� !F 41.. J-. ., ' '.'• ' • • y9 �.°� aetin� bate� 8 15 91 � . � '�'� �,' � ��. .'�"° ��!�,�s �- ; t+'�: i,y ;; �:'. I,_ . � > � �iEA. . �:: :; :�:� �;,' , . . ` . � Sub�eCt: r{�".'' ''' ' . � ' ' . �? �:�� 'zir: `:�� �.; . � Purchgse o�' RooF Bngineerir�g and Design ConsuItant Servicea �if.`ri•!'�j.�y'~ � : � � , ... •' i , �,`sM;;''s;;•'° �, "� :. i : ; ; . � f�ecommaridationlMotfon: 4i. _;,:��,;.:,y':,Y;��° '- ,.;�: . . , ;:;�;�,� ;�4,�;-�.�`: �: '� ,.� �, �.. '. Award a cantract Co Professional bervice Industrie�, Inc., Ctearwater, i�;., for roof cngineerfng and -;r; �� �'���;s'� ���'• ;���.= �� � design services for seven i7} City faciIittes, at an esttmated cosC oi $35,50� .�'�, I: • :;> -f.��1:.,�,._..,�;.�_ �; r;=:�`, .'a�,;,'�.'''i1�!-;J�:`i,-'.�.:-.. .�. `'1`• - .:��;�,•, ,�S - '.-.i�� ; 9i'! � 1 � :~��.t" ; ' �:;;::;. -•�: ",�.t� ;• I� and thal the eppropriate atficials be autharized to �zecuto same, :+•. ; ;y� +'''`u � - � -;�:'N:�=+; :��;���..��', BACKGROLJIVD: �_�."��`�.'' ';`;~;;�r��. ����..,1,�;A'+,,�. The Cit Commission at lts October 18, 19?d meetin authorized staff to ne otiat� a contract with ..,..• �':'',; Y ► g 8 �..� A.;.::: �.,.. ,... ::.:� .. . '�''• �� �-` `�-�' `°� `'"� I'rafessional Service Industries. lnc. (PSI) far raoPinq consuIrant services and to esta�lish a roof 1'�^;,4j=<,�vii�'i�!�'.i:��!���`: �! ' 4 ��:;;:�;;°.:�.`�'.:•�L.;r;:t��:-'.```�"'..`''�• maintenance and replacement schedule for various City facilicies. At th� meeting of April4. 1991, �: v�'�r�,�:`'•��=:��. Y��S'�=� r��'�'�� ` the City Commission authorized a cnntract wfth PSi ro survey tl�e raofs o€ 12 major facilities beFteve� ; R�J�;',�' <<,`���e�'�?:.,��. :,: ta be in need ai major repairs or tata! replacement. � ; 5� -.}'�:' .�t�; i� -1 ; 3 `' '''4',' ':���r"5. � t.`.,.' '• ' 1..� ;�l:l^:.� ,�'. '=I,�.:.: � Y''.� :,•• ;.,:, �;�. ;'::�� �.' �;;..' `: ;:� ,,: � PSF has completed its survey and has d�stgnated seven (7} faciliries as having rooFing surfaces that ;�,��:�;,p<<'��;: r:; �:i�i=`;':�,=;'`'��,':�o.; e[ther need replacement or major repairs. '�hese [acilitiies are: rhe City Marina, the Clearwater � > . � � ' �'�' � V����'F �' Shufflebaard Center �'�� �•` �°• �. +��..; �: . :��.� Fire Statfon Nos. Z and 4 MemoriAl Civlc Center the Main Library, and Moccasin ��•{��-::��;�`�''';<� �''`'`� ''�??'_ . Lake Park. The Yatal fee for roof engince•r�ing and design services for these �,lcflittes is ,,,�%�.' .:: .t' : ';: :. esrimated at $35,500.OU '�;•,'�'ti.'s':�fe..�`� �..,:.,. �a; � . ` � '�;+;,,�:'�!=_'.;_!;; ;;?:-.. �:`.�` ��;.; ' l��t ..' PSI praposes to provide the foIlowing roaf angineering and design servlces: I:��Lrj�'�,J� � a.. �^�r.� .' � ", ." �S 4 . .�. %Eii:, �,y..,.�:t;` ,,�'�''-. ::.`e "''� ��`�`� ""` "'" '� r `'�', a) Canduct an investigati�e an�lyeis of Yhe avaflahle roof systems to determine ti�e ... -;.,..�f;.i:-�'. � •r��'',�`'�°�,�� ,;:' yP�;;b�� !�;T "`"`,� p y for Che req�ired gerfarmance criteria of the hullding; to �' "� ;�: "�'` ,�� most cam attbie s stem ��=�1�.`�r'r%�:';'�;;i��'°=:; �=,'" ��� t. provfde a complete raaf syseem design, with sgecifications and deCailed drawings, �:,..,,w._ af�,�.: '� '�;�';:. '�,. u,-��,..�;�'�;„:'�'�:'.?;:-Y�`� :..�,�, taiiored to e�ch speciFic proJect; to xevieva all dacuments wlth Che City. ;�={%:';�,.,�. �`�' : •; :r: ;'i;. ..�:- `�.i�: .! ..A::'�L�.'E.f. `. • x,N�1�z�1.'�. . . ���'�`�`�`����s''�����"%`�tt" ` � b) Conduct contractor qualifications analysis for btdder selection and sallcit competitive � Y :;..';r'i,�.�j • ;� t�}k �y " e ''.''� ' ,.� �3>t�,��••�;j :; ",° �.,- bidc from a minimum oP three (3} qualiffed roofing contracting Firms. �,���� �j J rF�i'��- :�.�����j�I.;'le•, �..� '`� .�'r�..r•�r.�.TU:_.'I�t�."�(:�4'��J.':l:. `.Tf:'.:�n�:' . ��y,r��+�� � .�.�F:�;{::�?: -.,�A:• , a�.tt: ;';���. <r: ,`;' , . � � a� : -i,..,� t 1y;-. . • J..; .;f:�.l �..5'�:<y f�� �., �z��i *ls�fs��:'�'�1_ is*'y.�.t.•i�' �' Z� �,{�. ��'.1J��l�!� ll '�� y �;,? ry°±�4it�. ,�`! �' . N ir,� 1'4::�f � • � , . ��. � , `�tt1-S.l:i:;_�e .,i1N';r ��.:" :.: '. '� �,� -kJ•Y'-.��}`����[J�1��,:'v:....4 `� �F��':f'�»,�i�., il�s ttir�+:�'; ;�,� •. �-��,����1�,::,;k�� �'i4�•',t��iti�°.'�E�.�;='. y "' �'� �`' �t��`�:�� . ,. '.; ���� t�'��'���;tii't� �l��.�,a ���:�.. C} d) Conduct a Pre-Bid Conference at the f ob slte with contractors to review plans, specificatlons and field conditfons. Review all bids with City sraff for contr�zctor selection and make recommendations for contract award. Funding for these se�rvices te budgerea tn the Capital impraver��►ent Projects for Roof Replacementis 315-1-4509-6FI/590 and Roof Repairs 3J,5-1-4512-611/590. �iscal year 1990/9I budgetary impacC will be $0; fiscal year 199I/92 budgetary impact wlll be $35�SOO.QO. . Pcri,�RrP� • Raviewed by: � E.ogal Budget Purchesing Rtsk Mgmt. ' DIS ACM Dther ubmltt by: Clry Mann � r. , �. �! , Oriqinating Generai 5e User Dapt.: varinus Advertisad: Dnte: Paper: L� Nut requlrod Attectad partiea ❑ Nal�fEed � Nal raqulred � Coat's: $�5,504.OD Tota1 -0- Current FY Funding So�rca: � Gapi. Imp. C7 Operating ❑ Olhor Appropriation Code: 315-1-4549-611/590 3Y5-1-4512-611/590 Commlaelon Actlon: �FIpfDVBd ❑ Appraved wlconditlons ❑ Danied ❑ Gonlinued ta: Attachmentm: Agrcement ❑ IVone � A��' ��}'�'��j��''i#��rvJjl ;`;'�}' � ' ;�, r��;;K.l:v,;; s �•�♦♦♦ """t a�. '� .s3: :Y!�{'1..�+.y�� ��G,�k 1 'st; '=`=.�n! ,��.��,yf�, �?�- ��''.�����.�: s: ,�;�� , •' 1 ,;i,�" 'rS;;���� �Tt;'�i'+�''. �;:.,� ',s,�?� r��;�;�'� .;,; i:` � ;•cG;.,��:rl�� r �1 +., ,��, �t5. : �'f.F� [''�' �a�. , � ... . �!� t'?.'�' f�' s k,'= #.�: � , . .. �:.... _ 4 F�'. '✓'� yki n ��;� a.��� J�(� �.,.:.. �4naj �, ��; �`��;.: ;:">�' � ��: � A �' �1j1 i Y;- -.t � � . � 1 � L � � � J � `.!i ���• � �7 ' � '.���l�•.�.�,a 1•� �,. 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M`�:x:�::.ii?{.�Y�7.`�:�.±li•S�'�:�'�i'� �. . � `''�jrr�-iiisi'r; y� TJ�y{�P i ai`'y; ;�,::.�ki:,:Y :, �r;�.,• �v', t: , ,;�'�, •. =k � �=rr'� :t�'�` .c. �J^'jk���.±;'�,Y:y �.A:�y,�.i,.'� �.�''- '�� `>=`i:=`�`-T:f; ..�_�_�r �; •.�. , �f�� ��r I �"'ki� �. S� �, L.r.�JY?:.--. � � )1GRSEIYIENT THIS AGRL�MStdT, made er�d ente�:ed �nto thi� d�y o� , 199]., by �nd b��ween ithe CITY OF CL�Ri,i�1T8R, a I�'3.dacida Municipalf.ty, h�reinafter xe�ez�ed to ag CIZ'Y, and i PROFESSiONAL SERVZC� INDU3TRI�S, INC., �too� Consultan�a, herei,naEter referred ta a� PSI: WiTNL�5SSTH = WHERF.AS, �he CITY de��.ree rooE engin�ering �nd design ae�v�.ces foz seven {7} C,i�y �a�i1�.'�iee: the C�.�y Ma��.n$r �he Clearwatex Shuff�eboaxd Centex, Fire Station Nos. 1 and 4, Memoria�. Civic Cen�ex�, �he Main LibrarX, and Moca�sin Lake.Park; and WHEREAS, pursuan� to 5ection 287.U55, Flarida 5taxutes, (The ConsuitantB Competit�.ve Negoiiations Ac�, hereina��:c�r xc�ferred �o as CCNA) , the Ci�y has aelec�ed PSZ ta provic3e parofessiona�. roof consul�inq services; and , WI�EREAS� PS� cerC3.fies pxoper ].icenses are in effect and w.il1. remain cuar�en� tor the �erm o� th3.a �greemea�t . NOW, THEREPORE, the Ci�y and P5r Eor the Considera��.on hereinaf�e� se� farth, agree ae fol.lows: �;r;»rK�+.;.s{�u'ti+ � t . . c .i;rir • . -..5 . :. raN� i, s�s�c s�RVZC�s. PS� shaJ.l conduc� an �.nves��.ga�ive analysis of �he ava,ilable roof sys�ems to de�ex�nine the mos� compa'�ibl.e system for �he requixed performance criteria of �he bu,i�.d,ing; �o p�ovide a comp�.ete roof system design, with spec,ifica�i.ons and detailed drawinga, �a.i,lozed ta each epec,i�3.c pra ject; to rev�.ew alZ dacumen�s w.i�h the City a.n accordance with the recommenda�ions cantai.ned in Phas� �, roof surveye, pXevi.oua�y submi��ed undear� cantract. PSI shal.l conduct cc�ntacactax qualifications ana�.yais far h�.dd�ax sel�cL-ion and so1.�.cit campe�itive bi.ds frc,m � minimum a� three (3) qualifi�d roofing cont�ac�ing �i.rms. ��� � i , 1 m 1 � St:� �i�: i ����5 � � . +'�r.{�. . x �f �c tryE•e. : l� F+ �'� J�� �'�: �'� {%tF y; ;}'.i.t�j���� x � ' � 5�u° c`�'•Jf'.`t',:+{��� �i�d;��;,�� � ' ��{� e��t'rw. .'; ?�; �; a�s;� �5,. r �. �:j ;�' {; t. r . ;' �'��!>'.iE,ti'r. ' �'''r,'.,`;�. �,L�#�;ti�'`,`` �. r i � ' :.l-[ ..: r\7 , � ti'. 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' .�,f � 1r+:+�.-f,; fr a�•,'-� � � ,���:�'�, Y p.S'' �, *, ', ;�t,=,�h�` �. ' .'.',.i;t',•" .r, :ar.� �*�s+: �baYf; •�°��,?-°: ; .';�:an�S�����;ly��l.i>j;j�r .�i I , ;,ri,-•�f,y.rir�r -,i.,.j��.G,;'�'Fy.�«'`,'`�i..�„Ar��..�� ��.i, -'rg�� "•<•I�•�•ik'yi�'r.:it'4�•f?i'.�.°<fi i� ! ' � .;! a ;�,`'�'�4 i.��:�kr,.`Si'f•.� k'., i`i n,` '.'•° �t � t ,�r it4 ,� '� , f � �� �s %. ` 4:�:�'�; r Mi:.�. !:�'� r �' �'"'�'�. .% '..h� ie,�!.� i��n:. ,��.�i"e.;? �S'iii',�; e'I`.ad;':s,�. 1i;��'��'°�rg� �r"fi�ss� ��j�. � >�n'[ +.. ;,. .'�.�.. �,i:�.:',�':'-:r+,.'.'� if'��'`�S.�N-�1.��'��'�`1 ��*�� SJ�`'� �q� i ;- ,;i ���. �.'s�-� `'r'� 'i'i, .�'�.:{1;'' ' i't' • ]F.•.a�:,;, � .si: 'i.l�;at��;.�� ^�: � :�� . � ., 1'.._, ,,A. ,�.,�Yt.��;,��;r,;.. ,..a., �i .�'.',' � y �t ' =r;'� � '�' �'' 'i' .�,-. ,�s: � ',�';y?'�'I .*4Tti:a{.�...... :tsayr�t.... .__.._�..re..w.i.st4.r�_:.1�.... . � . . _... _ . ....YI,{r..li�':��.,.. PSx she1�. canduat a Pre-Bic� Can£arence a� each jab aire wi�h can�rac�oze to rev�.ew p].ane, epec�.€fca�ians mnd �3.eJ.d conditions. PSx sha.�J. review a11 bids with Ci�; e�af� for contrac�o� ge�ec�fon�and make acecommend$tiong �or contrac� awurd. II. ADE]ITIONIIL CONSULTANT SRRVICES. PS� shal�, provide a Senior Roof Cansultan� on da�.1y bas�.s �a� fnvoivemen� .in spec�.�'ic jab s,ite meetings, mest�.ngs with City, or miscel�.aneous conau].ti.ng esx-�r.�ces as required. Cost oE aervices $80.flQ peac hour. xII . CITY M�1I+iAGLR OR CITY Ml��AGEA' S DSS�GNES RESPONSIBi�,ZTY. The Ci�y Manager oa� his designea shal�. furnish in�ormat,ivn or xendex app.rova�.s� and decisions as exped�.t�.oueJ.y as poss3.ble �or the order�.y progxese af P5T'a aervices, ZV. COMPENSATION. A. Paymen� fa� Basic Se�v,ices-�Bas�.c S�rvices perfo�med in accozdance with thie Agreement ahaZl, be paid to PS7 i.n �he amount a.nd�cat�d below 3.n a�coxriance wi�h Sec�ion V o� this Ag�eement: Buiidinc� Add�ass Amoun� City %Sarina 25 Cau�eway B3vd. $ 7,300.00 Fi�e Station # 4 1700 He3.cher Road � 5,2QQ.00 Fixe Station # 1 61D �'zanklin 5tzeet $ 5,2UO.D0 Civia Center 40 Causeway B�vd. $ 6,20Q.00 Main Lib�az�y/ �00 N. OsceoZ� $ 5.L75Q.0� Moccasi.n LaY.e 25�0 Park Trail Lane �.f�i� . '� ;�: . iri , � ` ��� . • Y �� 1 � � $35,504.00 B. Paymen� for Additional 6Qrv3.ces. 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't1{d�y,4.�; •:'��: ��3 fl�s �.; �;�.},7� . } 1 :.Y�i'?+t��,`y "• ;`.i"; M" F. ;�'`� ;:,,17 �',,' ,f r,., .. .`���r .. • :A. ��i� ��?. � ,�� : '''� : �E� ,f�n�i/ �''' �lt, ' ,Si:,; �, A.`, '., ';', rv+� �. :.�. �;�y `s; ' i:.i. � t , F'.it� �� %�'�,i: .f.tr� . iFf"!�tf �;�;1: 'f'''`'' �;� , i�i+ �,�. x •;_ .. y XY,:ct' �R. �R �, .��: :1'�l �,°:i�; •�•j1�.:'�`C.... ..'�:� �3 ♦ ' 1 • , 'V . C. I� �he Projec� �.s guspendad or a�bandaned in who1e or �,n �art, PSi shal.�. be comper�sated ��r bl�. baaic � a�rvicea anc� author�,zed additional �exvioea pe�fazmed prior ta zAaei.pt of written not�.ce ��on► the CITY a� such suspeneic�n or ahandarunent, togethex with Fte�.mburs$b�e Expenaes then due. PAYMFNT �CHEDULE. Compensa�ion for Has,ic Serv.�cee aha11 be paid to PS� in mon�hly incremen�s upan �eca�p� of prope� b�.�ling. PSI shali invoi,ce the CxTX month�.y w3.th proper exp].anation af the wark campleted and the fee due. VI. E%TRA COMPENSATIOI+i. The CrTF sha�.l pay no fees, ather than described abo�re, ta PS� unless au�horized a� �o�.�vws: � A. x� the scope of the Projec� ig enlarged, the CYTY and P5I sha1.3. negoti�zt� a reasonable fee if and as such may b� app].xcable. ;� B. �f �he C�TY requi.ree PSI �a mske majox oz cast].y ,. 't�: , changes to the Repor�s which aare nat caua�d by PSI error or overs3.gh�, such changes sha11. be trea�ed se Additional Services. VZI. RE�MBURSAHLE E%PENSFS. Rei.mbursable experses a�e in add�.t�on to Compensat�.an for Basic and Addi�ional Services and sha11 inc�.ude actual an� zeasonab�.e necessary expenditures made by PSI in the per�o�msnce o� services under this Agreement, �.nc�uding: A. zf authorized in wri�ing and �.n advance by the CITY, expenses of vv�rtime work requ3.ring hi.ghex than regulax rates. • B. Expenaes of add,i�i.ona.l reparts or drawings sa may be r�q��sted by the CrTY. � ,;�_ . . , -- .�..',� , . . .'„ . . . . . . --.- , . . . .. , '� . 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',1�,[t''i''.-y1r < !�; `-� k ' `. �� ' k�:�� . v .'�n�Cs F,; � . �• . 1y�i11}3� ;,�:fj,t'��I�t•�,'J.' �,o:� x? � ::4';'�'��'� :�• �;�? -r:��;b "c; :�ti; ',; ' �,q.z'r. �' . . `�%�r °+��"�':'� r:. :' `'t�• �,.�' ��s=,��•` ,� 1 .,' 5:�f�r,y, P.;,�'r�V.;' ''�;;;ryi 3:.�. . �.:'�'.. :'t?,f'' ,� ,:� �' � �' � . �'�'f�f,.� "iS ,; , r;;,,: :� ..;; ;a,;. �:���� � •�: :.�.�.�:��..-'••:,;� �� ' .«t°:as•�, , �: z ; ", ; S,t';4%�.:�• r.-�yA '.YaYi;i;1 �c.;.t'r"�`L'" :"itiY'. � '-s:: -y° - - - �Z �.4 �� "1tJ ... ,� ' ;°� ' . •a, , lsE. t,;''i:S � � -� i `� L!f o: �.; " , ' L'y . ^(.: j '� 5 �"t•.'.�.���''�-5'� i¢'a � `^;�:,;r � t,3.;;,..�,`,_: : � ��� �,�'s::. :;�'.'1.i1'•'. �'�; y:... �; (� �. �� `� .i �: � ,i a,�tw t. {. J 1''iT;�� � _ . ta• :'�" y 7":� •� t�r}` ,l jq:. ' t. .. ,� ..`.� i se.3�: Sr- i s � r. 1'f ��i , E: P 1 r• y� ' a: i�°:��V.c'P�' ,r,. ..S .'i. •..f, ::�;rr' . �f,j�'^�&:�'_. °Rri'jc. i .5���e ;�i-�tt4',� t(.,+�i^f,1t,�f'(•�t,t{ fl�,��'t:. l�qys^'!�t � .3 �ri }:t. �3"; ' f '•J4�,i=�S,J.k,"..h "� �°:�'; t�$.-1 t '� c.r� .�T. �r,�r�:ti��'t. ;;�5f ���}�3`i }. ':`.�,.., ' �.�.t .i` , :�t > t.., . }, � ='i:� .c„, f`..'' 't�,,, �•a" �vf` i �� ".; �'° �..rF« w •.. n t :f;: I �. �:'.;:�' - �- �r � �3%s.�.f ti �+-- , �;.�•3 �t' �4� �`�P'y: yc 'i�f4i': ►���'-„ '�r. �ir .0 �4 :e�a'� (•' .r.�;Y�..'. ;t.`�: ���r�`�t'.s��'�t'��{�'i!t.;'AS���;%"l>i'�C4';';!'ia{`,'�C'1"h .��. �'t � �^�t � , '%� � 4; ,� . a�: ; �5 Jx i� ti�'c,�� �.3FFFC�t �: {� . .'b��.. ''.. .��:,;� �-.'.:n "v•L„�r'I�,a�.7in�.i .,;u',f',.,s•. Yi-T �: .f7'�. ..�-a j,'`�:' { ,F:! 'i! i.'k�'� "i•.� •`d.• �!�,y,,';f, � ��'�'�><,' 1 �f " ' r:� :.1'• ;:a� '1 y � s .. :5' : y�'3 i�, .E. , � <•:, . �; ;�. �r, . .��'; , � ,.�•. i`i; _Ji i'.�., ,=,:kY„ ic:'..:a.f ''c; cy. ?�,{,;.;li. .�: '�e9' ,l�ti- �33esYAn¢�flukkii:�irJ..di[.kH�ir�._:i ie' . . . rv . _ r.'�._._ � _, �� _. ..� ..�E.�. ;� r... � C. Na txave2 axpenee �.nourred by P�I w�.1.J, be rei.mbnrsed by �he C�TY. V�I�. AS^aIGNME�]TS AND AMENOMl:PITS, P5� �.s prohibited #rom a�eic�ning, t�anaferring, conveying or sv,blett�ng rhis Agreement ar ar�y o� i�e xigh�, title or interest � therein or its pawer to execu�e such Agzeement to any other pea�eon, conipany or carparation w�.thout pria� consent and appraval in w��.ting by the CITY. �x . ar��zxA,T�oN . Subject �o the provis�.ons below, �hia Agreemen'� may be �erminated by ei�her party upon �i.fteen (15 } du�•s adv�xnce wri�ten notice �o �he other p�z�y; i� eny speci�i.c work or serrrice hezeundez �.s .in pxvgress but nat comple�ed ag of the date o� �ermination, this�Agzeemen� may then be eact�nded upon mu�ual ag�eement af the parties until said wark oz serv3.ces ar� compZeted and aocep��d. A. Termina�ian af Convenience. In the event tha� �his contrac� �.� �erminated oar canceled upon request and for the convenience a� the CITY without the requ�red �ifteen (].5) deys advance writ�en natice, then, �he par��.es sha�.]. n�goti.ate reasonabZe �exminatian costs, if app�.icable. B, T�rmination for Cause. Te�m�.natian by the C3.ty for cause, default ar negligence on the par� of PSI �ha�.l. be e�cluded from �he faregoing pzovision; �ermination casts � if any, sha1.I. not apply . The f i�tean (1� ) daya sdvance not�.ae is waived in the event af Tex�mination for aausr�. � C. Terminat3.on Not :Eor Cause. in the even� of termination no� �he fault of PSI, PSI may be compensated £ar a11. service� performed to termina��.on tlate. tc�gethe� with �teimbursabie �xpQnaes �han dtie. ;,' . , ,6 . �:: . � ' , ...�. . . ...� w , � � , . ., .�. .�w� ! i � � i � r. + [ r �.� � 1 c � x � � f � . ' '., � ) �{ b r ; � e,�, ?+� .�t•�' 4 l� � �� '�� ��Y k. � ��+�#�-rA+� �4�, r 4•!'°�� �' ;r.i`� v 2` � S> �r'.4tts;�.��1i'��}`��f��a�' 1���'.'� I`'i1i'•^:.Y�=F�}�;�i'3�:�•�� �i71�;-:4'.: n� »L.' wl'� �'uu � e v 5 .. �;�{'k:�.h:,•+���f�,�!�. •' �' p •� � '�• i�,�.�` .' ; �1p43t•. � t , • .'d' i ..1�91;1:, , ,,/i,� ;:: �'�';'.lt%�i��S4 }..�.. ', <�,< � '.f� � •k;.!�,r1,'?,s•�ri";;;;;,'';:: , .,1 .'� ; �r;,rp. �": : ^f� e . ��`i��� ' �: rti o��4�{.+E •' ��t,J,���,� �_�!'�.'�€Tl;�[1'�s�4i`.� .T:t'•. . ��.�.�6'E '�7i 1 i�� � �' � . , � •,��f��yl.�tf^i�iCS�,�'l�� .'�<'i•�'�� �!°:.. •�' � � �� 'ti '',' �4i; . tj . { �. . It T.�' '. , ', �i..`Fi'„ ";•. 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'�3.�, �67 �� �j�� ��Lr. �t,:'LL.� Ty;y�*"`jy..,:t. r�:.�;�' Y+�::..�` r':k"n 't .;t, '`�. . `� �iY;`;'F y►�f,' «���1 �,P '1�.�f��"�'� ��q,;� ��i`�"F^i" �' � .''. ��F}+:�� b�Y�,j¢'k � 1 � �.�. .`i i i �, a•, 1 'C� xt���i�,' ya" 3 , ��� � ; i,,� ..,. .w'� s. .l ��', `! ��r > �;„�, .��<1" n �, a Y�"..?+a,.:.ii,[i�ai�la1bi�tlal�8SMi2+iiass:.e'rhiu,ie�Ye�s'i�.;.e_'.......,: "�, . .. _._• - - . .u`... _ .__---'- °.--�- .-. � . . _. '� u . . ... .. ._.. _'sk��::s';'?_.._...1.i", :i i ;�..:..:..f4�.r. _ ,� 1 . _ �. :9� �:,Ssi..-Li..;.� ,�� � �=� � ��:����5 }Sr�'•1 ,f� �i,��.Yk�(Z •r i+�� �y;fi•, :,`��y,��j �� � �qs�7;��ylSi4',r.ri :;<t7:�`.i+ �„j�i�Lf�Yyy�_�� �•, i qtltr�St . .�� � ., �'� �� `�1S31j � rF;�X�s',> � ��i ;S1 �µ�t`• .�`''� •�4 ` ��.1 � j�fj.', �:in ,a, ',' �. .�;��Q�.��,, `:R;�t'1•`,. �.�!�l I�Lt9,'.i7..�at � � y.�i'i �i.k�;�'f�� ,s', S; i�.Y/, ��j� I�. Yr?'� y�`' • l �'Sr4,���}��4.�..1 .f �� ���'., t����. r.t1.�IA: d.�5.°l�.'S' �.; �� i°, i �.4� ii'i'F; p�! ,,1`'i.i- y� 7 ..i�4j, ' .; r"�t'.'i ;,J�, t:; °''` � c..;•°: `:�,. � . � 5�,1��'''t"l,, - ���i' , ;.'Z��,� �xs •:4,44��' 4�".•i':l. '{`5;�1��EI.t�� .�1• ;�'F,'., A T.� i ';. � ..,-;�;�5"t' • .4ti,S� n.�: ,i, � jm ��', ��: '"' :'��;��;;�. s . .�..'� o;,, �. �. ,��,;?: ,,?" ��''"3";4 �'•,ulr� 5�s�j='��=i�ti`4-�.': � =��t � ' �• � . • �}' ; , n w... .. . . �� INSURA1+lGE COV�RAGg. A, Woa�k�+��' CompenBation and Employe�s' Liabil.ity. �SI aha�.l procure and ma�nta�.n, �or the life oi thie Agzeemea�, Workera' Compensation Insurance covering a3.Z emp3.nyeee w�.�h limits meeting all epplicable at�te and federal laws, Thi.e cavezage shal� �nc].ude Employex'e' Liability w�.th l�.mi�s mea��.ng all ap��icable stia�e and federal laws. B. General Liab�li.ty, PS� �ha�.1. procuse and m�3.ntain, �or the li�e vf thie Agre�ment, Genesa�. Liabili�y �ngurance . This cr�verage shall be on an � OCC11r�@i1CB � . basis . �ov�rage shal.]. inc�.ude Prsm�.ses and O�eara�ions; independent Contractors; Products and Compieted Dperationa and Contractual L�.abili�y. C�ve�ag� sha�.1 be no ma�e �e�tric�ive �han �he 3atent edi�3.on of �he Commescia� General Liabili�y pol�cies of the Insu�rance Sarvices Of �ice ( ISO j. This policy shai3 provide coverage �or death, bodily injuxy, per�onal injuxy or proper�y dam�ge that could ��is� directly Qr i.ndi.x�ct].y �rvm the p�rforrnance o� this Agreement. 3 The min�.mum limits of cove�age shall. b� $500,0OO.OD Per Occuxr�ncP Cambined Single Limit for Bodily In jc��y Liabili�y and property Damaq� L3.ability. C. zr►demni�ica�ion. PS� eha1.,1 defend, indemnify, save and hold the CITY harmZe�e �xom any and all cl.aims, suitg, �udgment� and 1.�ab�l.i.ty for death, pereonal in jury, bod�.ly in jury or property r��mage ari��.ng d�.reotly from the neg�,igent p�rf�rm�nce of this Agrec�men� by PS�, ite emplayeee, eubc�ntz�ac�r�xs qr aeaigns, inc3,udi�g �.egal fee6, cour� c:os�s � o�r o�her 5 .� 0 � ?��>�`.r"�`�,�i.i;�'�"��f: r'r '�'"r �'c. '� , e "°��a� �^� '�" i:i, 7��'s° �t `. . �?+�. � � e �' .{+'��`'•�n_��r 1 '•A�•r„ �. FF ,Z�,t{ �,, i �`��'�t�;,�,.'• �� l� ;, .e '�4 ,� �''° ;� �f;/-` . .f " �1i.'.i�i�,.,t� . i ; ��; ;,y�` ,':}%;,!•;;,`:; �;;1� ;.?w',y.s�'". ` " ' ., .,� :�"-.` ;',.; � .+, ; ;� ';'�' �:;.. ,, .� � '}'. ' Y`' ^P `,. .t4��:t: � �.± '.fie� ^�,�4., 1.�''Tr''i�+.�^.�'�;'.': . �,t � . '�;', ��;w%,°�,+ j ,.� - ;•.�:,.�".. , < r . , '`•;�i:' �.,.,-�`''i: , . � 1! , . . � . 'Yf.r'�',''. ��� __ �-. ,,'; - .;;' `:,`r�.`'.''�•��; 1•e. 4 r. '. 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'�`y.,=ti,. e ` l�•'' . �'C�l�'�'F��flj,t�'�.;���� � }. �-�'{�Y'y` :C,e; �}k*a '�,1;�ysti.;��, � ;�; ' ,�, �f r.�: s h., 3 t� y;' � s�L`�'. �; •i� . K,E •,;:.,a: 3• o�,.�„ ; `,• ti� ='.5j },j*c'" ;�v. - �T��ti ASi� 1.i�'•'�t.� .y .i'{:,�;: �„a,,;.�'. .�+. e~��°�hq�4�:•���vr3y:�; 1y . '� `+'� ' �C:s_'�' �4g�z;±��!:+ai�ar��: �+u m :.� �•. . . � � y'< . � � � � . . . . : J � ,.��w��� �'� �. � . � � � ` � ��' yJ�. • i.'i" 'e'�A: -r i. ti. � ,..y ��c�,.oa,a:,u 7•1,��• Y#. �'f CS kSIk�1 `�d;G i:'}�. i� "��' . ..�>.^;'..)�j'j �� 1�P1�:,/��l �:.� f•r 1�'! '� _'� �,:'S Y i�y,� : k' �x;� ^y�s.l�.i, t. . � 't�F1 i �pyi�i�^p � : {X � r;���+, 't`t�f�`�t:� t i�,�H� . {� ,:'r.-:.! � .: : �n.: �� :':�. ��'. ;,.,''. �':`r�R°.."r,' �t 4+��5,�;.�l;f r.�'.�:�y�r. �'5,..�,t ,� fa�'. . �'1• . . + , :i.i ..., ,�e'e ,:�� i�� N,� iw�,i�Ar►����.ii�s�Sµ.��l�R�Vxa �1we.r.rw�.�rrt�M9YtBfdlik "�t�rtl legal expensea, P8� acknvwlQdges that it i.s Aolely �espahgibl.e foz comply�.ng with �he terms o� th1.e Ag�eement. 0. Supp�.emental Pravisinns. 1. The insurance coverages and aondl.tione ��fo�ded by �hia pa�icy sttall not � be �uepended, voided, canceled ax modified except af�ear thirty (30) daye prior written notice by cerCified mail ret�zn receip� requestied has bean g�.ven �o the C�TX's R�.sk Management O��ice. 2. Cerr�£icates of �naurance mee�ing �he spec.i��.c ' requirect insu�ance p�nv�.sione specified r�ith�.� thie Agreement sha].1 be farwarded �o �he CzTY's Risk Management Offic� and app�oved p�iar �o the star� of any wark ar �he pasaese�on of any �I�.'Y � praper�y. A��ez review, the �ertificate wi].1 be �i1.�d wi.th the City Clerk as a paari: o� the affiaial cantract fi3.e. 3. Reaeipt and acceptance of �SI's Certi�icate o� insuxance, ax other s�mi].ar do�ument does not conetitul:e acceptance ox approval af a�oun�s or �ypes of covermges which may he 3.ess than zequized by this Agreement. 4. The CiTY ma� at i.ts apti.an requira a copy o� � PS�'s or its subcon�ractors' 3,nsurance policy{ies). ' 5. PS� is sel��-insu�ed for i:he £3.rgt $2fi4,40(3 of profeeeiona�, ].iab.ility with � $I, OQO, Q�JO a� ineuranr,e . � 5 ����ti � x� !'• . � � : ; i �'�f: ��'e!',=;kt� ' •`1vpM��L'. - i. 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'C.'!' .L!' .c. � �� .J . . • ' �..• - ti ._ � �:' s., S'�:r ..�.�Y.ti i.i\ 7r �,�: ,i:��t�RLI";-; ' ".r:;-.t-� c.r�,.n,t�. -,�^�:`��� '�� r.�� ,��'•Ci'• • 'i:��. ,Y� ,'�:'! 1 �h...' t+ 3'� «��..�a= �" �`' .�'7`^� a. � �'�%4' �'.. ! it al'� r,: ly � i`:-t�;i: ' �l�..:S �:, ',1 . � ;��'iF?:'E.ti ^'!T;,`.s; ;�>`r�t9 �•� ;14: '4, ��.�yT�: p.,�T�:;ft.�.t' sisj.�:1�' � . A� ��� i �•-' �i �J�F y�- :y:., .. e ��_ .Ig,'ir� �;,�., �'f..��{^�'��':'�..• ,.�:, !`�•,:7'°`r',.:'�-��'✓.;e'� ..�f�Vi�i�'w�i` i{;'o' .,�. '�� E��'• ;:� ,�; ','j.�„ , x•�'' :. ,� i.�. . . ,��:" , r�.s.� . ,� �:,,�'. �i ;;�. :i r �: •.�. � . :,ir.,� .'�:�;�.•.y, • 't,•,'!. ;t. t4�t�: 'a`..:;.f' �}r�G,.s;� .k i,. �•, - .eJleyl�..�:::��5����F..,r. .e�:,.�,, !�,•�.���t� � � '? -; � 'a ��,. ;,�-�, y}ei`: ���� 'f ,:r1. = �tli.':...d ^+w:;'' "' • :: }` .i l„�, ;�f :,�.i.�`;�'1'�'i,� '�� .� , �n.:�v.l� 'l.`,' t�' '�.'� .���," il.`.;�i,�` �•..t� ' ,CfLC.'T�V'�i%�,�'C. �'S���: � �� � i � .h` �. �a• ' i� d37c��vl 7sNL�F.n�s4a.... . _.ra<aw._,.. .....��..�...t.z�i......d.` ., . .� .`� _ ...__. E. Sa�e�y nnd H�nl.th�Raqui�emants. l. 5afe an8 H�althfuJ. Wark Enviranmen�. �t is P5z' e anxe duty �o prov�.de sa�e and hea�.thful � working condi�ions �o �,�� emplayeen and those of ' ,the C�TY on and about the aite of cvntraC� pear�ormance. The CITY aseumes no d�ty far supervision a€ P32. 2. S�op Work Orders. The CTTY may o�der that the . wn�k stop �� a c�ndi�ion o� immediate danger to CzTY emQ].oyees, �quipmen� or propexty damage exis�� . This p�ov3.s3.on eha3.1 n�t ahi.�t responaibi�.,ity o� risk o£ �oss for in�uriee �r damage �u�tained frdm PSI to the CITY� and PSI sha1Z remain solel,y xespong�.bl� far compliance w�.th a].Z safety requirements and �ox the safe�y of a11 pez�ons and propea�ty at� the si�e af contract performance. 3. PSI shall aompZy w�.th the standards and r�gulations se� fds�h by the OccuQational Se�ety and HeaZth Admini.sti�a��.on [OSHA), �he F1.orida bepax�ment o� Labor and �npYayment Securi�y and all other apprapria�e federal, s�ate, �.oca� regulations or CITY safe�y and health standazd�. RI. LIM�TATION OF CTTY OBL�GATION. A. P�i is emplayed as an i.ndependent contaractar. The CITY gha21 not be 3iab].e �or soaial secur3.ty or pension contr�.bu�i.ona, s�ate as federal payzall. taxes, �edexal incame tax withhoXding, ar emplayee bene��.ts of any nature what�oever, pertain�.ng �o PSI or i,�s emgloyee�. PSI sha:11 pr�cure, pay far, and mainta3.n , Work.er' � Compensatian Tn�uz�ance as requ�.red by ],aw r�nd is �alely respons�.bZe �o� any cla�.ms made by fte 7 t4t� � . i' . , � �r......... j .J. i. ... ._..-. � .. �:� ' . i � � ; ,. . . - ° `is;� . � . . . "�[ ".�1. �U�..`� } ;` � ; �i! f� i �t'. ; f� �•�`��y.�k��i µ� {;3 i�.(•' �:? 11��i t�1' i�•y t/��i"�.4N�'7';'f,•:j'}L4:'�.`��r}}'pp�' 314ts ; s �r"'�• '4.�'� r'4-r �i7�,•� �,��e s�„.T���i � �j ..� , x;r (� � ir'i�r ;�ly�. irAi. .t.' �n , t•� ��S;��IFj'. , .0 ". t' ��,��f��iS'�.��::.�,�.:-�f . :,l �:y� � �•;,� r��, . � `'� y.. i���•�`��j�''�I1�3�:�, '�� � ���5'`� � :a�,f��i'} [�3��` S�e��7' . `' °';�i';,,t;�"i4t}4.���i'�.�. �, '' . 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PSI sha21 dafend, indemnify, save and hold the CI�.'Y harmJ.ess �xom any and a1I olai,ms, eu�.te, judgemen�s and Ziabi�.ity for dea�th, personal in jury, bodi�.y �.njury o� prapestiy damage ax�.�ing di�ectlg �xam the negl.�gent perfoxmance vf thie Agreement by P5I, its employees, subcontracto�s or a�s_�n� ,�.nc].ud3.ng leg�,l £ses, coux� costs, or ather iegal, expene�g., PSz acknowledges tih�t i� ia so�.ely responsible �or ca�nply,ing wi�h the tex�m� of this Ag�eQment . uYx. w�. PSI's services wil3. b� pesformed, its �indings obtained and its repozts prepared in accordance w3.t3� this Agreem�nt and with gen�ral�y accep��d�p�incipa].s and practice�, In performing its prafessional searvices, PSI w3.lZ use the deg�ee of care and �ki].1 ordinarily exerc�.sQd under similar circums�tances by members af i,ts profession. ]CrrI. OWNERSIiIP AND US� OF DOCUI�..ENT5. A].1 original phatos, dr�wi.ngs, and obgex�rationa pre�ented in a wr�.tten repor� foar each roof are and shal], remain �he praper�y af the CiTY. PSI sriall be permi.tt�d to a�etain copies far in�oxmation and refe�ence. A].1 documents delivered under this Agxe�mont a�e to bo congidered publ,ia doauments �.n ac�ordance with F.S. 285. ,:. . ti, . ,. � �.. . ...:; ; ,.. .. �' � �. ', � . 8 , - �. , : � _. a _..,. ,. �,,. „ .. ..��..., � , ., ,. ...,.. .��".�:._ f ,. �� ! � � � �1 . � • f A % ' I,r €. ;.' �� � � . i�. r���y�ii..lb� 1i'i ��5 ?G�+( k(a' � .'��:"�,.�•�x���R� 1., Y' L�d .� �k I� r�i�'�:ay `:�i�`�G'�{.�},.r.�.. , "a�.ia;�:%"�.��s:�. �.���'y�'�'�;, . s., 1 r� �rv+r +y' . ;E's„'fiv<r:�;;t^;'> ��'r��� . :;•i, ;,:� ,,.�.c: � � �. � li�i'��. i s �iK. 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' ` .r'�' � • :', ::�i� � `- . �r�r;'>,:aci -��'.'s;;�A„T' �f;. t °q; ^ 1 �. ..: �':-,,y�.,, � ;�ti�}'s���ti1�� F's�•`]e���.'.3 "f e ir. . i� � s `' � �''t?'.' ,'`' � o r / T EN E OMPACVY ![VTHEAMQl1IVT 'r�'}`1-��'r '°�� ;��xy: •!� 4�,: v'�;,>r �,�, -'.` �� REC lSMEHDAT ON Hoxxox� !►WARD PUACHAS� ORDER CaNTRAC '�Q SMITH � C C >�;�;��t �� ��. r�: '�`?«. -' �i.. . ��i�...��:'�'`,�•?ii'r: '��,v�:d�rt � .:i�� .' <.%' ;`��'.•"•.'.;7.� � " . ���� � ��'� ^-'I-� F�.•�: :;, �`" �" OF 832 238 �O fNSiALL NEW UPGRAD�i1 �ACKSTOP P.NE� WING FENC!!VG pN TNE 1'WO BALLFlELDS AT �i�ANK TACK r���,•'.'1��''�� '' �� � � .:! '� e� - � • �.l.'`�. �'` : t' � y' Fq�ii% f i� ;.', '�kf.;:k ' ._';'..�. ;� �.i.�i_�,..�� � �rns�Jl:ri • � ,: ��.�:'.`�.,,,��:' ,;�::,. �• R�' PARK IfV ACCORDANCC WITH S�CTION a2.23 {41, COUNTY COOPERA7EVE GOt�iRAC7. �-e��.:�+� 1" � ' ' ��•. �i~e1r;�,;°; � ;'I' � �•'.r''��� ''t%.�?�°+r...k�<;��' .�.`�, s� q � i� �� `Y�,; ��.. �l,�y�.'i�r,`5i,t�.{:''.t� � • � . ,'1` _ . ir�:, .,. ... �. �" r;�; � �. . '"a , . � � ,� ;.`tv: . ! :; •, _;:� :�F� t� 5:;� i,;�� s,s � ,' � * 4 � . , � :.. : �.,..;,, :' �r- �•..: � : .;;�.' .:. "i; :• :t�..���: ' ��w �y`° � , s�, , . � {. `'i . �' ' .. ' �r: 1;:: �' '� -"t '�� r y., 1'M�r � r.; ., �..'�::��. .; ,�i��'* , '•�i.;� '1:; �.Aj. � .•. . :����.1 ti ' ` l '�.��' � � .. � :,' .:,' ".t. � �'�is' ' �7t } � .� •,.+��, ,` �;"'' ; ,, ,:; �,. 7 X end tf�nt the appropriete afNcinls de autheritnci to execule aamn. . �:;�,*r- r' K •.�:ii'�t�� .�:��'�� t'�' :7f >a��:°E�w:r":'��yii:�;;',�• '�G�►7�`7� � T�4� , r �� :�'�} ':`..��t�i'�r�..�,.�..:w�ie.� „ .Y .�(_•!� � •� � .. ,` ::t��'��'�?,. . i� `�f�u �,�..;'.?ti :;;.',: •�� BACKaE�anN�s ihe FrankTack Park backstop and wing �encin� recaivad sBVere damaQn during the Aprll 25, 1991 storm �� j; iz � .`:....,.�.:.',ci':..,•'•s:.'.F Jj�' �`<;;`; � .�'`'L •':r,^,�:'r." 'i::F,r�`� fn'� :,'.;t� . •`} ' " � ��, 'i ,� �;�;_:,:• �;f�,,; ,,. ,. Lr'ra,�;:� ..,•;e�:,,�•,,. �,•.: , whlch noca.,sitated its remnval. SmiLh Fenca Cam�any, as per tk�e curre+�t cantract with Pi�tilfas Caunty, has supptied the =���3,:�L �� �i ri �'" '��j - C�ty with two quotations. One quotation in tha amount o! 522,2l2 was to rsplace the fencinq with ihe same materlals .;H:: �,�s'.:r,' ; ; � . , �,;�;;,i.,;,,;��;:::;��; as specti�ed wh0n tha fQncine was inStalled in 7972. 7ho second quvtatlon of $32,238 Is ta replace anti up�rade tne c°'``°a"`; i�':�'•:!;: iencing to current standards whlch includes larper diameter fence pasts, heavtnr duty tance iahrle, and weldinp of jnints �St.��;�:.��;�y :r ;�S;J�:ir.�,�,s,.,,� raYher than nuts and bolts. Bacause of irequont repalrs beinQ requirad to the Uphter weipht lencfn� ihat was nri�inalfy fn �'.k.•%'i:��:..,. .`t �..,j.�; ;tr, .•��:�.,.• place, staft recomrnends {n favor oi tf�B upgraded tencFnp at th� cast uf 532,238. 01 this amount, 522,21� 1s be!�7p �r�'.•:E'��_:��,,.�' �.� � reimbursod fnto the insurance fund hy Galtagher-Rassett �this �rvas the estimat�d cast oi raplacin$ thg tencin� tothe previot�s ,`F. s... . - e ���' ����:`'���_' •� -° speciticationsl. The additfonal S1,Q,026 required to upprade the n�w fencing to current standar�is, will be charged ta the +•"si"; _w �, � •ti. '`:;;i:`;f; :`i;,;�.�" Frank Yack Park equipmenE servlce and repair codct (Q10-7•1677-4621572�. ' -.E..a, ,f,<yy,.. ^� [ '.' h I..:i, r.� .� .�.. �; ��; �.}r=��.' :_`� A compeiitive uotatla� was sacured trom Hartwell Fence Sauth for the uppraded re lacement of the fencinp; ihis quotation f'�� �`���i;:�.'��,�_�i was higher th n that quated hy Smith Fence. � Ira ~�'� ' 1�`�' Y ''??'?��'��;��� $�2,2�2 is �eing paid From the insarar�ce Fund expnnse cade 59d-IODD��53-59�. t�`�;�.:;�.�''`� '. ,:;,,:,.:`_`!:�' � : ,��: Revi�wed by� Originuting be+ Lep� N!A Rerka d� Reorne►fo� Budpat Purchaainq UtaX' Deptt � Risk Mqmt. Parke & Reoraalian Ct5 N A ACM Aavertf�edr Qther _ _ NlA Oate: � fiubml�l�d �l���4 � V K/�1l`� ^ City Mnneper l . ..� . . . . . `u;� } F ! �� 1 � , _ �i. Pepef: � Not Raquirod Ailocted Part�e■ NoliNed � Nat Roryutrad Co�tc;_ �32�_238 _ ,.,_ Totnl Currant FY Fundinq Souroe: � Cn�itnl hnp. � � Opetntinp x Othar Ins Fund ssz.z�s Appropdalfop Code; Al0�a�7•a z• too� Ccu�naissicu Aatiout ��Approvad �Apptavad v�lcot+dilfons , dnnl4d _, Contlnuod to• Attachme�st: 1. Purchese RenuSaitfon �i QuoSetlone from Smith Fenca CgmteanY �3 Ou��alions�rom_Her well Fence Sauq _ Nono , .-.,r:- \ e � }: � �� �'�. � h � ��� �t" � ,� '�'' �{ ,,. � � �. 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'�i,',��;y�ll'it{��`. �!4 F �, , .r M ItElll # ��' .,.. ��iY, •j,' •.ii° ',_ • � � • , 1 :��;���t: ,,�";t��,, �i,' .��;'; � } e �Yi r..�,; �•"G' ; •.�'. �'�' , �.+:.K � . , �c _ CLEAFtWATER CiTY COMMISSxON � Heeting DaLe 8..I5-81 � ��-�.<�.�'-?=,'�;;; „�.. , �1 - Agenda Cover Memarandum � � �•r::;I'::;.t;•" ' �'- .. �Cp. `t'sY�J��r��, ;,"::1j!, j. '�'�:;� ,E,fl��,tiaj,.-,.::,� .. '. :;��'��.;t.'. ?�tA,°:;r";: �:t':;:� S,.';:���•;�.={�;z° - Si�BJECT: Lot I, Bl.ock G, Hi.ghland Tersace Manor Subdi.vi.aion ,: � ry. �"��.q , g::�. ,. `f.�. ' i�� '�, t, .. ���F.wZC1y ,��1- '"' f�,. �,i„% _ ,i. ,!, •.?�ti:•Y:.�%w..i �i•�S';ti . ��; . ♦ a � i J�.�. f,i'�''�'i� �t?`'�6���.i �y�,i,� .`�.��°�:��:� RECDMMENDATi0I3/MOTr(}N App�cove the purchas � Lo , 1 , g nd �'ez ace � ��, A�: ;, :-�- � a e o � 1 B ack G Hi hla z �r(.t�yrzrc1Fs� �t���','s.>A.;�;`��"_''. Manoac, �rom Haxmond M. Haynes and Vivienne E. Haynes for $65,Q00. l.S�l;:��` �11t }'. } � 1 i.: � i�!�' ,r. .� r.. �..� __.ik�lt i v' 4'..: � r j�"y] And tha� the appropriate official be a�tharized to execute same. .,.,;.,,.,,� �r _ :6" •'� i�' , �.i '����"'=?��` �� �` BACKGROBND: The sub�ect lot is ].ocaied a� th� sauthwes�C corn�r o� Highland Avenue , r :::`' ' r5 7 .. �.? ;�;•�;:;:�%,�s'°.�:.� and Overlea Street. A locator map is attached. mhe 1a�: is 102 ft. by 137. f�., � ,,-1r�; ;; :: ;�,'.:� >:;.,..,.,�=,f.. contai.ning ].3,3fi2 sq. f�. M.O.L. and is .improved by a single-family hame in good `��'�=w'��r�-'�{� condition. The o�anexs purchase� this home �or $65,OOO,A4 in �988 and Staff 's��a;;.;;,'-..,� . �F�;:<k�.,y,;�,;�,.;; be�ieves this priae �o be fair maz]ce� value . The house appears ta be mavable . �:�, ±�r,%'^; ��rf; � :. Sa:;;°��:,.:�.��-� The paroper�y is being purchased ta assis t in the Highland Avenue Widening pzo ject ��.�:�+.�.�;.:<;.;, - (•,•'��•Y�r,s•���:�,,;. and, moxe specitically, for storm wat�r management. The 1.ot lacation at the r;��p� j�`�;�";�a.,, northeas� corner oE City prop�rty prss�nt�y used far stoacm wate� management makeg u���•;.;�;�,..,-;�. �his acquisi�ion very desi�able. f .. 7'here wa.1.l be a third quar�er amendment �ransferrinq $6 6� Q00 to the Highl.and Atrenue Wideni.ng pro ject, code 315--1-2140, from tl'ie City Gomp].ex interconnec�a.on project, code 315-�.-2132, to covex the purchase of this �raperty p].us survey-and miscel�aneous ather cos�s. ReVie�ed by: Qr{gilwting Dept. Gasts: 56,�004.00 Ca�issio� Ac#ion ,%� public Harks � � Legal ��' � S A/ (Current fY}_,., AAPraved 1 I�� Bud9et �+�Ik. �����ISer Ocpt.! t1 un t�g ource: Approved � w/canditians Purchasinq� _ _KA „ Capt, lmp. �anied Risk ltgmt. 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Y k:�'�� ;�`,�¢�: .. � ~`'�i ��;,�'�a�C�'�S'.x,:� ,��.�1=1�� 3' ` _ �.. � h,�::-_.�"s : o'',1i1:s: :'R::,'�...i;'L`:.ir:.'L'ti8:i�.3J�:�`�il"iEf�'�I.,L��...""krRt�":'^.�n�T.7il�l`k'fi ..:� r�h �:, : �� �,s �1 �i�` �:�+`,y��" � '� � COHTRACT FOR eALE AND PURCHABE ,;, �i,,.��; iFLEi:.�,1�`;- y�`;�'�. ..�.: . �y,1%.t��•'C t���l,�:,p�•��yfl'�4n �1! �� • � ,,,c� x�.::•-• �:��S�t' ., PAfiTIES¢ Harmond 111 and Vivi ennr. E Navne� � Srunr- .z.;f�.`�ii`�.3A ,in7-" ���{t� °�� (�� �� `,s,'$.1.i'.1,�';; r,# l'i•:'i:r,:,' `l , a1 • Iplqn! r�g;<.:.i�:•3,;���`;.<;,i.`;= .ity a earwaler� or� a 1. , :�%_`i}{+F�1E.,c.�.,j..1.,':S'r, f Y�1d «�� � . ,:'t` �, �'!.�..t;�' " M P.Q. $ox �748,..Cicarwatcr_f ftnrida, 34bIA �p�„ � �• iL, •`, 't t�'� ��' �1' nG f�fbyy I' f11fr! PtO�ty") And Par60nel prope+rty i�Parrpu�IfY�) ICdlCdrrvly "_Pro xr� 1 upOr1 1h� Idlow� '". •�•5 ��;�li'r�. '�,� � ' ` hbrEEy Ogr6e IhAf Ihe "udte! ehn4 �el1 6n6 8u�ror lhatl ItM IOlbw� n7u _�_�_�y nq "•,`.'� :: �,,. .. �.'.. • ., terms and conCdqna. wlu�h INCLUbE 11w Standarcks lor Reni Es�aie lonnsactiaw I"Slnrxfn�d e I txintud on tho rpwrae or npperwu bna nny Rioer� ana-��pu 10 Ihi� mslrumnnl f' -> "i,' •; :' �',�; i,.'F; •i °.' ... , � I. DESCRtPTION: ,•,1� �' '''r°. ^ i. � e . . ,'., �> • (n) Leqnl daMxfOlbn of Renl Property bcn�ed In �' i n c 2 1 o e� Carnly. Fkxdn i,s ='.;�; •;w ":y �. , ?d i,q h l a r� d T c r r a c c Al n n o r, $ I k G� L n t I ��_ '�f •;`.'� `` �-'i ���' ��: .1 �� ,� Ib1 8troet acklroas, city.:l�. ot iho Prnperty ks� 13 �`1' N. H i g h 1 a n d �l v c C L c a r wa f c r� � 1 o r i d a ��F b! 5 : �� �,, -� ,`� ; � �, ; fCl •F�iriwrully • .'i• •�k� , • . � . . • ' �,� . 7 f. I. �. �1 . J' . . i ' ' S J� 'l� }, _= Y�' ,'��i, �' . ! li. PuRC11AS�PR4C� .................�..�...................................,..,......................,.,.........,.,......,..,......,........,....,,,......... 5, 6S , p00_._00 ,�: , �},: �' :. � pAY1�A�N% � _O ..•'� ' F' , � � �e) � Depo�Nfe) to ba hekf In eacrow by in !hc amourn af .. S ' .� , . ..,. . �,",: � . ;; ',ri- .. ' � Ih1 Addkbnnl oscrow doposll wMhm day� ailor ElfaclMe Gote In Iha amount o� ......... .......... . .. ...... .... .... . ..... S - • ; r' � '''i �.. � �. � (c1 Jub}ect ta AN� nssumption ol mortpape In qood at¢ndinp In lntiror ol O �'} , ,. :o �.. •�.� . -0 "°' ' 1.� . , havirq en approKemel� P�ee[rnt [x�ncK�� balanCe• of .. S ,. ' :'J.�:'•' ? . Idl Purchue � "0 .. ,,. ., :. ,':'. �'� ,,. ;�. mmey ¢'1q0 911d f10i� bN1f tla d11r1UAI Ini[ft�&! Ol •� �see Adaenduml in amount o1 . mort I ;i::'.i,:.��.:::.,,. , .� �.1 . .� , • Iel 01t�cr. = -Q_ -- �t-•:�;":>�'l`'! :'�,:': ; 65,000.00 ;., • .� ��•':,; (fy gptnnco to close {U.S. cosh, tOCALLY DFiAtNN certil�d a c�sh�er s chec� 1 sut�eq lo ndwstmrnts nnn o�ornhnns r'; r.._.•.::�. '� ,• .. . . . '�' � � `' ';, • .` � ' :'' 's''��.'_ }'SY �: '�";, _�,.,�, ., , ill. TI7�AE FCR ACCEPTANCfi; EFFECTIVE JA]'fi; FAC811AILE: If in�s offer �s not eKacuteA ty nm arirverc+tl to a�i parl�es Oq FACT OF Ef(EGLITION commun�caled �n wnt�nc: �-•�'�."••• • � � � :-'� -�: vt,T:+,,,:' ;. °',, � , I �' . , � Mtween Thv Pnrl�ea on or beloro � .. � � g j , ., ;.:,�. :; , , Ih� depos�t�s� vnn, nt Bvyers onuon. be rcturnea �0 6uver arr; lnis oN,,r withtTruwn k tnCS.+nuC ctpy Of frws , .S:",�','� ` 'i��: �,<,_.'.�-�,�;':.: °.' '' . Cattratt lor Sn1e and Purehaee 1'�Mruc!') nnd nrry siqn�lures hereon shall 6e eCx�sKlered ior a�f p�ir�see os orp�nals Thc� tl;ile n� Gomrnei {-glfeetwn batP � w�lF I�e the dnfe wlisn �*y r�.- ' :; r:-.': ',�;` �. �� 1.• , !nc Insi one a! Ihn Beryar ni�d Snller has sqned thl� offer. �.`-'+°'�"-' r � � ��� :f :,,.,��' tV. FINAHCINa. I�l.�4. �`' ♦. )•, 5:: fj'.�' �L,j1�`,:. .: ';'. . � ,' ;i�;;;,�;:, ;i.";.:: :.:� .' ,::• ":. ��� � foM ►i �rw purd+a�e ar+ee o� nry part af It a to kw imanced by o th�rt7•Pany laan. thrs Gontiacl is condrtqr�d pn 1he Buyer abta��rnp a wntlnn comm#mani 1ar (CHE�K {t'. S ,;� . .; � �� �. . . . C.;+.:1 t' . t�,a �..:}..,-.. r�; v.: _' .;".• ' or (2� or 1311: (11 C' a 1txCd. {21 [j pn ntl�ustatlQ at �3► � n lixetl ar od�ustade rate ban vnlhin � a dnys a11er EHt�drva Dale at an Init�al inlerasf rate no! ta oKCOnd n a • ;� ;'.n'.. �;f ,� :�,,., rr'� ��: �,�:;-•` � •'���� ierm o1 .+ e mrs dM for ttw n n a Buyer will rrsnka nadicntbn within ^ a Cays a�ler Ellectrve Da10 and use maaona�e S . ; : , ,•: . . �;'r' �' ; : yn p 'ncPa1 omount a15 ':';:,�°.'�::.,.'t �, •.;.,..;�, ; ��.'i..;'.� �� tl�l�e ta obtaln ttxr ban commitmont and. therqalter, to meet tha terms nntl condrtbns ol the cvmmttmant end close ttie ban. Buyer shall pAy afl Ipan expanses. If 6uyer '.: �'.:.:'•• +`. �.�''•.. '�'�'�,.:� ��_,'.,;::,4 lnua to obmin tne eammnment a tnus io wah+e eeyers riphts undar ths aubpurnQrnph w,thin thd t�me tor oqtairunp Iho cpnrmtmenl w nflnr d�lipent atlart iails to meet Ihe #' .•X. f:;..°,:.";`,':,==;`,'���; ,;,.�r,;•.� r. . lorm� and oonditiona oi tho cammRment. Ihen either Parh' theraaftor ..,, .. .,.. ,:� • t•:�-:, dy orarttat writtun no�ice to the o�hor moy canccl ihn Conlra�t and Buycr shall be retunded Iha depv�itlal. ���. `''',�;=° c:`: ,<<�: t•:�'.,��: `�• ';"'' �" np paqo Oesctlbod in Poraprnph Illc► aboYe Nas (CFIECK R 11 or {211:111 ❑ a+�nnn5k+ intarosl m�a a I«) 0 A f�Red +nlpmsl rate ol A per annum •7. � . . ' (b! iheexi�li morl � rtn r:.' .; .7 ;}4•,- � ' lt'''';S. ' r . " t._: , �" -`,s �� ,{`f�:±,;'' ',`� ,"`• ' f� At time cN t1t1e tmnsicr sorn� Ilxed Intereat rntoa aro aub�ect to increane. If ir�eased, the rs�te shnll not ezceea T� Q x prr annum Soll�r shall. with�n n Q days af1e� p� �'�;.;..,. .a;��y.: I:''i�::•`A. �.. a..:�'; : %``,: �,.�;'',�":.'•'��•s. ,•� ,:;'. . :. Etlective �ata. turnish stntemonte 1rom ap rnortqaQees statinp prindpaf balances, method a! paYment. inlorast rt�te unq Siatus o! mprtpapes. i1 Buy�r Iws n raed to nssume n ' r p f� .��, ,��ti:s�,i,.,",� �;._ ;��, °^ -'.i. :,� �. �, +�t�ape vrhkh ropuires appvvnf o� 8uyar Cy tM morfy�aQea for assum�a n, ltqn Buynr stwll promptty otslsin�lar��nmG apolicahons antl will dihpentiy corras�ete arr! mturn ' aQc 1°` :,?i��: :#`_ ; c��. �..'", .� .,, . "". � Cam ta the mor�7�Dae. An�r mort0a4eo �harqe[e} nct fo ezceed � ahall be R3id ; °:F .'. ,F j {> . ., �:.. .-s ±:'; :3,;'.'` ;: ' ., hy {af rtat f�ll�d In. equaly d�v+dodl. H &tyer Fs nat .' ��,;���, �,,.,�,� .�; ` Y, ;,�;.,.:,,'S;, �_. „ OcG�AS1W dy maRpapae or tho rvpuirumCnts 1or ossumptnn ar[� not In accord�nce wilh the terms of this Canlmd o� mortp3peE makas a charpe in �KCess of �h9 fitated amaunt, ",' .`^^; ,t ,} . r , .,,�, t, -.. , Sotbr ar &yor may rnsdrd tf:La ContrsCt by �rnmpt written notiCe ta thC bther Party unlc+ss eilher niecls to paY !he incroasp In {nterGSt fdte or exGess mortpapae cha�ges. "n-t,�� � ';'�i� 1'. :iq„ �`}:.;. :7 ,. ,,, ; .. . <�. i':" ,:.. i� �:;!'; y.� �._'�) �• V. TfYLE EYiOENG� A! lea�f _.. � CeYS bpfore doeinQ date. SaWx ehall. ut ° er's oxPe�rue. delwet lo E�tar or 6uyer6 a�tomey, in a=€ordaixe wlth Star�darn A. ::: ti� �',�,'>� <'..._ c•; �;: ;,:. �'•.,�, ICHke:?C i 71 or f2»: i 1� � a�ssirad ef tute ar f2> frtlo ir�.wranco commltmont asx1. aftar dos�rq. ownar'a [� • aC �� i � f ' - � ' f ,'�;; �. �;'�(�',� .. �•> �r Oi 1$1G• If35Uf$T1CC. .tj ytt. •+!`'f 3'`' V ^ ' . t�'"' r�` ;'�'?: �;;,i,,. ;' `f'=.'':: ;5i t;: .'�'�' YI.-CLOSlNG nATE: ThL7 trutsacLOrt shz11 bo ciasod nnd �he tloed C n d q11iCf d4 Caaess Celrvere�l on . unEess e�len�ntl b olher i.�� 5.,,, -.,..;. t ., , s�"r .1-4�-n0.1= Si-i y proNS�ons at Con:rnct. � ,.:_;::rJr:.:;.'�t:;:.°` ;; ::t ��"��?'�}",':::a;.,�_'�. 4. ':,{''',r �,�1_rrF'F; r:� 1.,... ,'., �'..,,: .. • VII. RES7i11C'f1Qli8; F.A9EMENTS; LIIr1iTAT1QlV5:9uyer shdl tnke lille sutrfecf te� zon�np. restncfipns, prohibtt�arq arxl ather ret�uirements imaased by q�vem�nenta� authorrty, ransr�c4ons ,,;,S,w_,.,_, '�.:.• ::�-�.. �i.t.;:.,;,; r,' and rtrettere ePP�hip an ihe ptat ar otherwisa canmon m the subdnnsiort: publw �it�ry easorrarrts af rncord faasctments are ta he bcnteel cantquaw to Raa! Property lines end j,, � i:�, . � r•�•' ��� ,�. •'''• ":• not qpn� than 10 foet In witlth ms to the rear or Iront iines and 7'r fee! in wqth as to tne aKle linea, un�ess othe•w�se slota� hcreinj, fares for a• of clos� antl auhspquent ,' . �� , v...: .es ;;. ; :4 �, .{ ., � � o f r c Y4+ nG � :4':�•�� �;.� `: ,'.g`-: ': }`i: j, •�� i,>%.,.�°. � yoa�5; 845umad nq�tquyes and P�rcl�as0 mO��CV mWt9aS1e5. i` 8�y. OthPr. C O Y CI I #' ' ; i�` l u�� u �'�"�'�''_ '' ��r,4,: ;'��_ ` : a jn'.�.�::�..��i:Le �','..!>�,e:'; ;°�;� � sovitleG, �.,� ' ,,.3• � ' -, ..Y° .�.i�,;� • �;-tr'.,; :�'� `' fi E`,'� .', ;' f� •:�;•" ;. .;:�' � ,. wng no v'oWlan af frx IareQam nnd nor�e d' �nem ornvun�s us� or iteni Provertv tor n a PurPOSe�s1 "' �•. ., i : t>�.. .5,. � �' . '�nt maa e��sta et cb �:•�i.'� r'.3; .':• .':�:�.�:.:� � ,. �.." ;f:.,'.',:r �•. e .� :..�nr,�-. �.�, ;�•., VIII. OCCUPANCY: Seller ws�rrarns tha! tfiere am no A�N�ea �rl ocd�pnncy qtr�e� i7�n Se��cr. bsst. st Prooerty �� i�tnnaec to b<• rEMea o� aeua�ac oi•von^ ci�s�r� Inp taCi an0 !a•ms �,i:: E>r:...:, i'; : 'a �:? ': l. • �1,,,:.;.:,.0 :,s =, ..,.�.,.r_ . ''G.,i.t. �'� .� ,.;. �;;, ;�:a:f,� .,: .7' ;. Shurnd aheM be atated hwem snt! tne tonnnllsl Cr OCQ+0.1�15 tloC7o5atl purauant to 5lantlard F. Seller agrees to deln�l+r ocaip7ncy ol Prppgrty al t�me a1 closinp unlBSS olherw�se r`•'". ::it..°',z.:%��'',;�...:;: � ��� s�ted heron. II oearpor�r iy ta be tlaliverod Cetoro dosinq. B�Sr nstumes nl! nsK O1 IpSS to Property fran Oate of oCwpan,��, sha�l be resoonsil�e nrr� IwCie lar ma�nlenanC� frpY� ":+`.'�:,�:��� �:.:'.`':� �' :'€.�: ,�'.: ,�"`' trLit data. arid ahal be duemetl to have ac�ePted Prp�rty i� rts esi5lmq Car�Cil�on as oi t�me ot IaK�f� xa�aricY un�ess otteerw�sc s[ntu0 hw. e�n ar in a sef�r.lte wrillnk. .I: ,i� ;,�� 'A �.�j `,�r•.ti,,; ;'�;�,'. _`y'�E', UC Y1fPEMIpCiTEr1 OR HA�Ib'WFi[TTEN PR4Y1510H3: Tyix.wvnSten or hanOwrrnten prass�onS 6tk3h COM1irUI ali qnrttCd prpv�bn5 n1 Con[ra�t in ca��i�cl wrtr tnem � '' � . '_ '. :s ` � ,� ,',,'; . :e �';'� '?:; ;y�! •f'^'! ry� i�' j ik` •",'•i-a k�.�� d: i��'•'�.,; X. RIOER9: fCFIECK i1 arry vf mn tdbwir�q Riden ere ePdw^abie ar^+d o2 nttacriea tn tf�n Cornrad!• r r„C.•L.� ��'' : i"��i.�S;L': ���'•� 'S: �. Ia1 � COJISil41. G�LSTAl1Gr10N CCAlTROl. LINE RiOER iG � ❑ � )`� �•. , ❑ FOqE�GN M�ES77.1E�.'f N iiEA4 PRpF�pTY TAx AG° qI�F ir� FHr� vk Ri�ER 1=. LS•�.'i'.v�f, 4t.c�.:.r. _,F£. ..'•� , ''��;�• � ;xa:�I�tl��y'seR! y�;j �• Y.,•�`E�� s,.�,€�,:. Iqi i� GOt�104�U.IfaAEp �ci � k�5UUT1Ur�ii�ER [tl OiHER }.�,,=�`C�;"i}-.ar��;;��'L i�� r , '-`:'',:e:, I'�a U+ k 'r.`t �. �, i .,. � r>';1 �;i�;?; ��`; Y, t��,:ttw.:`�i Q''�, ;t�: .';.`� � X!. ASSKiF1AHlE17'Y:IGHECK 1110� i341. fx+f'e' t�} rl may assqn c� [21 m m�r not assgn m+s Gon�ract . �`,�t��+,.,i;: :;.k'�'s-=� ' �� �' � `�,;iy;; . � �;� r�lj.,'�,v�; �,� .. }r F.y:. �' f'+j •. t; :~ _:1 Xd. SP'ECIAL C�ALISEB: ICH�CK { 110� 1211. JWdenCUm i 14 �� ottacnetl o• I �' r1 Shere is nc+ Aooenourr xl.. 'fta/�!S Of 7'H� F��F pF TFitS CA!lTRACT. BUYER'S 1NiTIALS XIY. DtSCLQSLFES: &HOr [�t nrauna�eaPas or � ooes nd ac�inawiodpe receipt o� tne epancyiraoon�eomaeruatan enG estimarea dos+ng cos�s tl�s�iasures . n�4s �� it�t�nEri �o s� n��uv ai�Q�r� car�rrAACr. fF NOT FL11,1.Y UNOERSTOI�R. SEEN 7i�lE ADVECE O� AN AlT�RNEY PRI�R TO 5fGNfNG, THIS FOR3�A HA$ $EEN APPRQV�L7 81f THc fLpqIDA ASSO:,lATI.7N OF REAI.TOP.S AP@ iHc FLOR1Dh 8AF A�arwa! aons n� cart�SUm an eA+fa� tlrar any d tha tnnrs and carriGO� m thes CorIIecl should 6e a'�em�aC bY tne C�+&s m a pa�f�curar tra�esacticn Tem� and ca�horu sf��ti De rwQOts�a�d b3sed enart tha r��ctnn n[ereet5. Ghpttiws anC GarpA^r�Q Ao�barrs nf ah are�stea p�Cr�s c z ry a� CLE�i R W�i rEI{ �Pr��'� �891 BY Tk� FZQRtOA BAfi ANO THE FLORID� 0.550CW7TON O� REALTQR� parN °', - �3�• ���%7�'� ���G7i� �: � e a e �. r i q , t � a nA�n q e r - (SMler� � -1tfcBt. Dafc � �- 1L-��1� 5oaw 5ecun+v a� TuR � n- Gs�nthia�E Goudaau CiYU Cicrk � �. � t a yarvc . a or- ammcsainrscr �� ��' �''��/nG� ^� • " � � p�rw �' aJ fSellarl �/ �a t C Soaaf SrctlnR' �� Tdr I D•,'"_5-�- SQ��7�ti3 �Ii':,l . a r a r. � r. �. t����1 t a r n e D�oaR urtiv pw� i{a! �ee+reC. 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If 6 bs'►'70A �.1h7 flrtRf Q!�'�"4 1Mf1 AR.•IYh7 !hR A!'�iO�IC. �+7�1CI17'� 1hM11d1. ••• • ••. � C." 9UINFl: Bincr, n! &�wrr a �wnnn3e. vnttM� tmv� eniow�Kl m r�rr,mr rwinrereh �1 tntn ancl te �eum� �m4 mry h�m! FM+�1 P�operty xavtyrd � ce�t�F�ee by a rcpb+eR'd F� � aurveyrn. H dm+�ey �ro�ra w�crvhcrnnrnt �n ReN Pr�x�y or rtwt m�rnremern rocatE� an Renl P�oa�K1Y encroncn arndt� inrss. �aerrionu. Lv�a nl ottierc or v�o�ate arrV r�r+�: � • � Carmact c�+�anar+ts or aoA�c� mvnmrrr.nL�t ma�t�on.�rr� sri�nn shnn carf,+tnutn a Ht1n anl�ei . ti.• . s� �. ., . �� ••� �L. - , . . • ' � , y� . �+ . . . . D. YERIRIT�S: FxM�.y. dl S�IriM 6 n���N�ye w�I1FN1 Iw7r! prkTrwttl W�kN+rw �v�ckM� ul I�ir� antl 10 nwamr►� aamn. mF'Y htivH FiMI PTOPeISY KbPU<1P0 by n FIOrIM GexMMO Pet� Gtf �, . Oqnrator tn delnmine i! lhre �s �rr,� �r.uWr adrve tc•m,tr inlrst�t�on c� vrrd�e rx�minp tlamex frzm trrmtle rdes��bn m iTC irtprovomenty. II nR'wr a botr a�e IC�uid, Eletyc� rvw.. e r2nys rmm ��t� � w.m�., not�cr �nr�e�r w+�n�n w�h 1+v rtct�e �,x oa.nao�a +H�t'lhcr rrxt�lr v nar. irr�cfrd nno esma.iled D�r a racrbca d.,+Ider ar pcirral �a�„nr� s i . .hnu �y vc�X1 rasrs al u���t a+�a r�pn� of au CameW ►a m 27. d WrCture A��e. Slrxff auY� rotis �r�eG ff�ot anca�N. 8uyrr ctlall haw ttw Cp�Km d car�Cdliny �nt i -. .,• � � •1nth�ti = mys alp7t rCCC�It Ct C?n�Gi�fG.►�Wu qairroatB aY .'1Nir17 wtniort no6c� Eo Se11af..Cf ��yor t7YiY WaY tO.P��� WGt1 Cxl i�ir�s.74YKn.ln.MRwrJ7 Monl B�tVn� shM +K � . ' � , . a e�ar, at :��m °. �n �mamt e�usi t� !tx� :uta cf !!r� 7aa�moni �nC scW+s eSlns'�te ro! �n m�cess �} :`. a1 ttn P�r�usa WKO. '7e�mtas' sfi�.il! La poertwd to Inck+du a1i v. � , '�� tiestTOy�nq o�n� :ms ,r�u�mo To be rcnortrr4 �mer.r th� Fionda Prst Contrd Ac! ' . . , i �. INGRE55 ANQ EGRE55: �Itr �{r[r� m�H•,•r�C+'h3 that th�a Is k�qrr.ss n� r!qrre� fo fhP Fi�!e� 1iov�+rtV �rftiCl!rR KX tM MI.+'ded use 3s dcsrnbed W Par�}raph V!I M, � � ,• , tri�e t•� wn+eh �y rr ecCCrnr���� r. Niah 54�nr.ai� a - . •., . , �.. , F. LEyiES: S��krr 5�}afj. f1(y� I�S� 114111 t5 days or.lorr �roang. rurrnsh I� Buy�+ ca�s o1 ni1 wrltten lenaes end estoa[x,y M�tNxa Trom caen teru�rn snealy� mc ruttwe aritl purx , , , d t1x terrs�xb�oc4�on.y. rm1n� *enrs ndvm�coa rr�nt nrt tr+cimry r7raeyes nr+Kl try tnro�x !f Se�le. � cmede� to aCtmn auch lefter f�om elticl� k�rcxn. 1hn �ame tnlorttr3Tiort stial ' , � hl[fl��M:tl by SMkY 10.B�1yC7 wittLLn i!L^.11f�W pCfK>tl itt S!4 '��rii �f .. �ClICf3 athtlavR. and 9uyer R4ty 7!'+C1Cafh�r eot7tn tenant5 tG eonhrm SUC71 intOrt71.7t�1. SB�ILY.i�lYil. il d0i . �•. delivcK ar�d er.ai�ti tiA oriqinal kese� t0 9irycY. .._e. . . ._,. 't � � -': .� . C3. UEttS: SetlCY St�A tuml,sf� ta �u,� a� lime ot ebs,ng an alF,�wt attestuq Ire the ahSE.•nCCe. unlCSS o�rurwwd prono�rcl !a hnr�r., ot any eirmnanp stakernenit cla+rt�s vl I�+ ' „ � i �:' : . potent�l L�naa krqwn b 5e31rw am luKhrx atiesix�g ffa�! p�e+B lwve hr�n no srrin�sxf�Mb a wpars to tne A�ooertY tor BO tlay� nnm�amrp�Y o�*CnC�n4 dntc Of CiDSinQ. fl Pron � � {.ti .. ',:';;' '+as boen �rtivro�d oi re0a�req wiSh�n tnat t�me. S..�IIC� shyl tic�+rver sr+ensrs o� wawers Ot merhan�cs' 1�s ex�teC t1y s+ll qenerai corttraetors. auoc�rnr:�etors. s�c.tiie:s arxi rtLitarcv� � .,' y,�:e�<. •n a�tl�l�o�+ ta 5rder s Hen affiaava settmg torth me names ct air �csen ;aencrm ecntst�Ceprs, suacormaacrs, supp��5 �rW mnmr�aimen ana turtt�er ytl�rnrr�q ttsal atl etkvqes �Cr knnrwem �-. � '� iT[ � �; cu repairs wrrc�� roulti wrvp as .i W�s+s ra a rrrctwn�c s��en a e ck3im Ivr dartrepos have been oab or wnl qe aaiq et nos�r�p o1 ttiq Gmtract " � . ;' 't' ���;�., ,' H. PL.ACE OF CtQ3Ef/O: C1omn91tn11 bo tx�1d m tt�a easnsy wheran the Hem F�roty�rry �s bmted at thn otlica ot the 8tiomey or ottier cW �rq pqent ticsgnated by Se=k . � " ._ ..; •; . l. T1l�iE:-Tma periods nrytm d tasa tfwn B a'-yhan in the cvrnRnatbn e=ckrde Satwda�s, Sunaalrs aro s�ate or na�anal i na ' '. '.' '� ",• � k� �dsYa. ana any ume I�+otl P�avbed tor he �' . wrnch snn« end on Sa�ur�ay� Scs�day or a fe�� tx�iaay s�x c�rtc+�a ro S�OA p.m, at rhe na,tf bus+ness �y. , '• .�; �.� 1; ,.� ���f << J. Q�ClJIrtENIS FOR CLOSINGe Sniku stu�l twrush tho dooa. �tl ol sn+4 meCuroe s �on ofhtlavQ eas�0�pnts o1 loasns. tananf �nG+nortpapoa estoppel bttora and can�va instrum .. . i�`�_,, 7, � : r.,�:.�4� .�� 8c�ynf ahall lurrrsh wbsx�p sla1emenL �W�'� mortqaqo note. setun[y ayt:mCnt 0nd lrnsnGi�q stsipments. . , `.'`� •,n ��' , K. GXAENS£5: paa,mentarY 6tvt�� nn tho doatl Rrx1 rec�uhq ecxrectwe kctrumerm sr,arl be p+nd b1+ Se��ar. Doaxnerrtary atamas. hitanq�de tax and recordlrq pudia3e rro '. . �,�? ��F.� � mat�aqp ro Seftnr� d[Qf� 11X! I��1877GIf1G S10hlfI1C1iS6 3h.'sH bo D�tid pY BiN�'r. �. =. �" •,':,:.; t., r. ;':C..;',��:�•�',{'�'���.,,F. � L PRDRATIONS; �ABD1T5: Tnxna, assassn'+ents rrmt �rnrmst. srtsurnnce nntl ottx�r expersses anC revc�i� a! Pqper1y stiatl bc proratetl Ihrouqh tlay belvre cioslrq. BWer shafi � ; , •�; t; ,:{7��'}.S,'. the opl�an_Gf taKU� ovei y�y exrstsr� Aol�ctc5 ot .n�urnir.s. �! asnuman�a. m Nh�:.rl �r�nt Prertuums sh,�a hc Aroraletl. Caslt at cfos�rp sf7a11 be u�CaSCd Of dBCrCdSed � flk�y r, • � �--f.'S,- '• reou�re� try ororae�nns. Pransions wd� C�: m�qF lhR7uqh :�r arizr !n ar.c�ar./ il oc��aincy DCCUrs belore doyirsg Aqv�roce +Cnr a�d secur�y dennsits will be uetlACd ta &ryer � •, � j. ,� s 1 tri uscrDw dapos�ts held by mortgagee w�„ ��e uecsdetl lo Sc+�Cr. ianes snall be pr»rasee bascW on tt+e anrr.�t yr+ars 1�r rnth Uuo allowanC� mnL1C for maxmurn aMO�wb�a�V�Ser ,, � ;� 1; ,: '.: �.�-, :: '. rwmesiaad and omer �3Mrntptiais. 1! cr..�.•.,, occurs at a uatr wnen Ihe cunen! years m:4�pe is not hxeo and �rren[ yearg �ysessment Ig Ov�iL1b1B. 1�X[S w111 hC prCfqted C� ��',+':.::r uPOn eueh m�nsertient ancl t1w pnor yer� s mr�4Ay3 H arrTtnt yenr'y GsSOSerr�[*rt i3 no[ �vada6le, tl�en tnNes wifl bo f��tEd Dn thn P� Y�'s la�. !F therv nro *prttpntrd knixv�am� �:, °..',':' �".:., � or� tfia Raa! ProPeRy by .laswary tst o1 year ol cbsirr� which imprav._rnent� v�em no1 in exfshrnte on Januery 4sf d tfie pr'qr year, then tazes �hall 6e •prwated bascd �pon ,'. P�rS�=•rdWqe'ond�at or� pe7trtabto:assmasnler�t ta be aprged uPOn beMOen the D�ieg. faHm4 whkh. �quCSt w+tl be hiErJe lo Ihe CauntY �Y �CP�aieer la•b►•inla �.. J,: �, . oaaessm�st�t. taklnQ Into cans+deratpn ara�InbW axamptqns. Ary 1ax proratinn based on an nsumnte snnN. •el raaasl d e+ttx�r Ruynx a SelSer. be auhaeque�tty reticiusted upan rec " ,:�: �r',., S efic � � w _ � ., d texbil� Orl condtthn Ihat a stifle�ment tn lhat e1�ec1 Is in Nw c�oeir�g staleme�L �., � '`' '. , �;,,,,•i: -'.•';:::..,-. �. M, SPECWL ESS�SSMENT LYEkS: Gerti[�ed, cpnlim�ed and ratif�rtl spacial �usessmnrtt I�ens a� ol tlate ol Cbakg �not es o1 ENective Qate) Are to Dc paid by S��I�er. Penqirv� s � . • .�F - m ed a..o t:naW.o l d a s i n p e i w Y b p'assum a� l by & r� nr, ! f I t� a k ry x oueman t h3ti b o en a u b s tan tia l y C o r r p l e l e d e a o( � f i 0 q i v e d a l e, q� h p e r x f i n q l i e � s h a l l b e c a n s i tl e r e � c r rt i f i n d. o o n F w � "'' �,s. �':;';';;' , Of Ibtll�e[! Nd Sellef Shnll, al cbsirSQ. t]2 ctur9Cd �R anburil eQt:s! !0 th0 L�1 CS1irt1aIC O! �sSO.^.srt'en1 }6r [ho fmptOVOmorl! by thn putC1C bO(fy' " ... ' $'.t � e�'' � Ff. INSFECTiOiY. i�RlA /!NU 1�WKT�NANCE: Soffa[ warrarrL� thaf. ns cf.i� ' t�, roa! linckxiaop the�tascLa nnd sotfit&� atd eztcrioriii�it�i�,arior w: . .;,��:> .,�' d�'r1's P+�r !a dpsirap, tho rs'li ,- ,, ::" .. seawians {or`�qui++�lenq antl dockaqt3 do not have nny V1SIB�E EVIOENCE ot.,{Qaks, watcr damapd a afructural dnmapo en�d.lhai lhe aepl'�c tank, poot.'all appRtncp3;.�ec►mn '• s aq items. tieal4q,'con!lrq, elecfriwl. P!uTCirg systnrt� ar�d �ch�norY aro in uV�QRN�1G GONDTIION. Bciyvr may, ut F3�+!"aYS expans9. ha�e Ir�podkm m�de ot tlwse'1�eme by'a : ' ._ ,: �,',": F3 , ; �x ind3vkSJal s}xda�izinp In homa Inspecfions and F�oldinp an occ�.patbnal Ikeiue !or sulti p�rpasa (if requiredf,pr py an npprv�xi�fely tkxrued Fb�ida tontrattu: 6u��w shaSl. L . ','`; ', to B�tyers'ocr,upnncy'or npl less than 70 d�ys pnor to Nasirq; whkhouer ceCUrs Tirst. reporl 1n wrlting 1a SeAcr such Hertn tttai"do not'moet tM� abov4'at�.�da�ds-ei"�i'deic � '':.'��,-'..' ,_ '� Unless Bcryor ra�.�orq-�''Atrle�s withEn�tfiat timu; Buynr alwll ko doerned ta hfrre waived Sollor'a wartatrtins`�as,lo�delecta rwt tc�dted. If rctpafn a roplac.emenis eRi'[n4ui' ' .� �,: �•.;. Seller shall cnuse such reP�irs to be rtwde nnd shnli P�Y ufi lo 3b: a1 the �urehaso Pnce tor :,uth reP� or rnp�xements cts mey he roQUlred in ordur !o, pkaee auth itcros kr WOfiK4 '. �. �� r�.'^ `•..' ', .•.. COt�DIT10k`If tha eoal br auctt repA�ra or�red�cvmeni exccedd'3X af 1hu pur�lin�a tx�c4 9uy�ar or 5elier mey eleci•YaD�Y ��� �^G wblcJ�-either A�Y'��`� t: � `. r," .` � tliL� ConhncL Ef Scller is unah�e to correct thn delecls prinr W cbsln9. itw eost then+of shall bo pald into nserow et �asin�i• 9o11n•wIR. warrra�d�fe�.'Orovide�llias ner !. ' ':�•.�` .+°' „, onC aocvss to'ttxs`Property Inr insvectbns. Inc4dirq a walk-throuph P� to Ciosirq. 6elween �ffeciive Oeta er�d tho'dafa'o['alarin0:`coir.ept (o► re�aire requhod by�tlKaStercS ( . � ? Se1hr shaN mnintnm ProP�rty. Incl�dlnq. but rot lur�ted to. Ihe fawn dnd [�hruhbery. In tho conditionliotnin wnrronldd. ordhery we� ard feor �epted.•. �•. � .: ••�•.,�: :�: ., 1f: N' ,��;. �s . ; b. pISK OF l.OSSi t1 tl�e �roneny as oama� � 1 r,y Hr� or othex c�su�lly batao ctostnq ard tost of restoration doea no! e�x0ed 3x. �! ttip tasassad valuatbr� af tfiit Prpperty �'' -' '. . �1E rlam.u�er� ^ast o! resto�+i1�•+� sh�ll hp an o6�r,,,�li •n of !he Selhr prxi clpsfn� sh�11 prorred perrwant lo !he tarms ol ConlraCt vrilh testo�vtia� costs escrvaed •at dvsinp. N the c j • ,• � � of r�slor.vtinn e■c��ts i+. nf the esseSSed vi��,!{art al the tmpravcxrrenis sA tlsmaged, BwPI �hAl! hnve [M opflan ol e�tt�er IoklnQ Pro�pe�iy ae is. IapeHier w�1h clthcr !ha 3• .' , any uww.rv.:u uroc�xnib ca,irahiL �y •nrtue of su::^ �uss ur �Samaye�, Qr of carxr+mip tn�s Gontraet antl n.�ca�vinq roturn af oeqoS�Ns�. �.. �� r,� . P. PROCEEAS OF SALE; CLOSING PROCLG[1RE: Tt�e a>ed uh:fll bL' t�C�ZiPd 11p6�1 C�COfiif7CQ a1 funrls N �osvact. entlenCa ol tAle sBaN ba eonbm�ed at 8uyer5 ex�n5o to s• : � ... title in BWe�r wrthout a�y nna:mhr�nces or i.r�e tivh�h wouW renC•er 5edar 5 t�ue unmarkatabiu Irom �ni oain o� tha �.is� evbenco. Proca+sds oi ttxs .ak� sna�t 6e hnkf in esr �'; ''. � r.: �°' qy SvliArs attnrnr.yr r,r hy s+Kh ath9r mulunuy aGCGf7t�h�e esav�+ aqent fqr A pntiDt! 4f rnt lax�ar lhan 5�1ays irom and niter cbsirg data. if SoNn�s tAk Is rendered urxnerkei� .. lhr�ti iw I�Wi �l Faryus. �r stmll. with�n tlr� 5-�t:�y I�rod r�{dy S�!!kY m w�itsnq of the tlalnct nncl 5nitor �hall ha�n 30 d�ys fran dale Of racepi O! such notificaiion tn c ' � �. • IIIE' �n�L+4( �1 �e•lFr�r i,�,�: Ip t++»wy euru 1hq d�r�ur,�, �Sf clepcs�tlnk _��x1 c.W:,ug Iwids ars:dl, upon w��1�en tl�xnnntl by Duyai nntl vr�thin 5 dnys after tlemand. tw rpluf{K!d t0 �iUyor ��` .�' ' 5+mulSa�tcu4Y.vnlh:,utl� [epaym0nl. BWOr rJ..ui iafurn Porsp�wlly �rx1 vucala hr��erly ond iacaswy it ta Snllr.r Oy apec�ai wartAnly doed. ff 6uyer ta�Es to make I�rrwly tiamar�Cf .` ���•;�" ref�nd. p�uyCr Shall tak� tllk aS is, wafvirq 1S! rs;;ht5 �qains! :x:I:Cf 35 (U .317y IlliCfVCfll71(� OQ�EICI OaCLpt AS [TS.7y bO avylaWe !� �r by wrtuo nf w3ffdrll�oa CantBuY]d in t7�4 t4 , � , �, �• ll 7 PO�{Km nf th�� purchasr� rvKr� is to tW. dCr^+ed from mHdtdK�nal ftn:�rv'in� nr mimanc:r*�. r�uiramrnlr. o� tt+r, �ending �rtst,tutbn ae to P�e. Uma al c1�y nr� Procetluree Iw cb: . .� . .. ��cS !or �uhursemcM H r�rrt�a;,e prctr:eCS ;haN tnntrel �.r.r �ar�^:ry ;.^.-;�:� m;lns Contr3rt Sallitr :.han h�rvu ftw n�l ta rnquim lrom tho lendlnp hstitution a writWn Canmi!s: : ' �. tl�al it w�tl r�ol w�thhotd dis6ursemont o1 mort0�0� Proceens as a ie5ult n� ;ury lilla ck•lec[ attnputahlo to Buyer-�rt�po�. Tlx, Qsernw and cbunq procedure required by_Ihis Sian' , , ".�;�, mAy br wanred H Mk eqent irnurn� adversn malters pureuznf !o Sr.ctio� 62: .7841, F S. {l�g3�, as amenctnC ''', _ '' ' O. ESGROW: Arry estrow aqent (-A�ant-� racahrirx� fuMS ar equlvnknt Is authorised ard aqrana by aceep�nnus ef onAm m espos�t mom prorrr�tty. hnld �tmtt !n eserow'8nd: suh. ', . m� , . .:,.-.. to claarancc, tlis4er.�a thrsm In aceqrtlanen rnlh tcrm; �d car��tKSrts oi Gors!rae!. Fadu[o o! cbsra[�c¢ a! turxi� cnu!l1�t axcuso &rycr'6 paHOrTiw7eo. It in d�+bt os ta Apant'e �: '� �. .�• , w 1Wbillllos'under Ihe pro�ishna'oi Conlracl. rtiyent mAy. �I Ay�iq'��uption, e.Hri�nun ia lwkl 11� subjuci mutfn ol thu esCrow untd tfn Pnrtrea mutwS3y ayreet Ip ite disburonr i :.'r: ., ..` r'�,`�;:'.'� �_ �`' `� a ut�'e judpmrin! d a cour! q.mrrptrtenl jurndiction stwR �utormina the rphta ol lho paot�a o+ Apcnt may dNpns�t tAma vnlh thv C�ork oi the cirrm! cairt havinp'juried�c •, � .`,t,i.,�,,:`,�; .� ol the d�nputa. L1por� riatilyinp ait perties concnrrwd of such xl�o��, au iw5�i�iy ��rb par� a! pqonl �Iwlt.fu�ly_ICiminalu. a�cCupl !o Iha ertRnl d accounllnq 1or any7tems pevia ?'� '"t ...�:._�,. ;.',"�:•:F;' • S .. 4 5 F. ! A eu' hetweers ord 5eller wliereiu .t� , e I t � d m wdh rnris�ons of Chn tei 7, S. 899i rts amondad R �4 ��, 'r: �� doftveYed txi!•d atroe+. I E ktm�ed rcal esti[a braMei A 1 w I CO d P ( r*Y �� , 0� Y i� : rr'•� . `HU i� ' .. � �.�.°• ': � �"�'c .. ' ni r,i na suh matter ot the e�crow f1l 6i1aSl f4C0YBC f0aY.7�b�Ei a s n; is mado- a party bacaur.a n1 acl,»p as Apcn! hornund4i, nr in any sud wherein Agent � o �oaas I wCl A4e �'Y� , .,��� •�,�,• • and costs Incurrod wittt !ho lces arxl costs lo ba pa�1 Iram arxf oul al the nscrowcd lunds or oqu�vnlonl A1d ChSrqOd And owardCd AS CCxirt CAS1S, u� favq oi the prevbilinq �x :�;=fF �' ?�°��,ti°••;;•',;'•`.'�;• :' ; P a rt i e s p n� t h a! � q e n t a h a 1 1 n o! b o tia C W lo nrry paNy ur p�r;,on for nii s d e l�r ery t o B u y e r a S e r l i e r o t i t o m a a u b l� t l o t hi a o s c r o w. un S O S e s u c h r h l s d � l i v o ry i S d u 0,t q w l l l f u l b f[ .'i,, ,;''';' ;"�,; !.'�;� ;;,, j��,' f,; { ellhlsConlraclo[.9raas.no9'�ncoofAGent__.�._�. •- - --.._.-, .. .-- ' � ..:;.:;.;�:.;:'���� �,- R A'i'iORNEY'5 FEES: COSTS: In any lilipas�on ar�sirq out ol Ihis Carnract tho prqvattuq pa�fy in wah u1r,�tbn whirh. Tor Iha pwPOaea al this Sl�ndarJ, aha11 lncludn.S�llor, Bt; "'�;, °"�::,+'t'.'`'�?'-.iF' �';�,. listinq brdwr, Buyer'a 5rohnr nnci [�ny iwbapenls In !he I�sliiq Woker Ur B�ryer's brokor, shall l�e onldlod to mtOVer rau�a�nbW atlnr ',�'' �' � 1� ' . f1f)y��IQQ6�COii�. ';iy.�.,s7•.u`tietE :�.".r 5. PARUFiE QF•PERFOFinlAMC�: 71 Br s lat�a ro �fart, fM �0 t�Y n ,.'.• '�. 4'�v:�`i.;;;;, yn �e s Gonffact +vilhln 1hn Ilmn apuciliad, inchdl meM ol nK rSepoe�tlsi, Iho'dcposlllal paiQ try 8uyer' nd dapos �::�'. ��.:.,,. y!, �, ? h;'?`;;;;'•_, AGroed to be paid, may bo r�ttunad bY or ld the accounl ol &jltor as ap'eed tmon lquitlateq damapos. cansdorafN� for. Ilw ow�wtio[t aY ihis_Go�tract.anl �n iu� sattlemont d � t,� ..�,�; : .;} ;,, . c�dms: wt+enx�at, fleryor qnd Snlbr 6hall ba r�lq„�d p! n41 c01�,1�pns uMer ConlraCL o� 511��kr, at Solbr's op1�i, mey procoed m oqu�ly ta onforca 5e��er'4 rqhts urWar th�s Contr ;,;��,l:;;;tic:'..�'yii;.t; i,s- . II, fo� nM� �►-�nn olhK t�en �niwr�r, ol Se1Mr to mAktr S�Ikr's (�lir nisrMrie�'e aHer dilperlt Eliort: SN�er IrriS, neflleCM Or rehryo� !0 periam thh CaitrllCS, tt�e Buyer m�fy a�r,M ��n!• `�.�f��.i;t��;yi.,L�'�,;;� ;:�: • �ertormanco a e�aCt !o rec�aw thp rclurn a1 &ryar s depos�t;s) with�ut Ihe�eGy waivinq a�y aciqn !or damapos msulli+q lrom Seller a r�+aaGt. . ;� 4r63 i��i:��i7;��;a �C.�, •, T. CONTi�AC'f.HOT RHCORAABLE; PERSOM5 90UND: NOTICC•: �Jeitixr :h�s Cantract. nor a� natwo o! d, slinll be retorded in nrry pud�c recade. This Cunlracl �hall 6�o�d :,;;;����•!'i,�;'�,`:�.� 1nu�� 1a Ihe baMf�t o1 tlw partiee �nti their euocess4n'kt k�terest. Wheneu�r the CAn1ex1 pCfrtflS:'Sin�ul�r nhall inC�udo M��rnl A�d One 4�� 61+eG tnCfUde ah police q'rven t:. ':,;?„�i�!��'�.:��(���"�,�•',`;' ta iho Atforney,�a pnf+ p.ury st�n be as ellr�ctire a:, d qNen hy ar ta 1h�11 parly. = -�i�;; ��,��,-{,� { ` ti •' ; i'�: �r�3 s y"�. . 2.`�° g t. t, � if, CbNVEYIIi��: SCilu� c►salk conve tdlu ta lt�o fioal PracwrY b sWtusor warranty, Vwtoo's, raonat repiasenlalrves u quarmm�a tlyod. Aa approphaS4 to th0 atat�a o! S. •.,°: .^}� i:'`�°� ���,t�t ;:!'i,?�T;, Y- Y V Y PB ,.',, � •, ��;...c:.�. wbl�G R�Y W��ttara �.onta�noltl,. �1n ParaoraPh'AI �nd IMSa othww�x acceP�od 4y Buyar. Pasoraany shau, at ruaudst u1 E3uyer, bn Irsnslerrod by an abeaGAa �dI ol ca:a wdh wan: ,?„s-:t. fi1� �'��;:,'.�:i�; i,;��'t�•' d.�¢iariu6 us! toiucJ�i�iit'�/��nil7ii G�oltlan4laa _. .._...-- . ,..... _ .. _.._. n::'w:•A�'.,�iy�1::5��3tS��e . 1� Y Y Pru!ndW W+ hwon.. - ��, : t �•.v� �. � � .. ;:' ���;�; �-�:� {'4'f�i�i�,t'r'1"iC': 1 V. ¢�ki�a.ACii1�EME�iT5:.N0.p�ioP.7� Dr�aemt upruemeflts Or �o0rosentati0rq stsali he bndi�p �on Eiuy+er.w.5eller unlalS irlclUdOd ir1 th�i COntrxt. Na Rwd�fjt8t�0(l Or ChanD .'r - „ �, •; P;; � tt�r� Conr+�wt �h�u be vai�d a � t�.?�-, � .�" . bvldrp upon 1►�� /�rl�es wdeas b wr�lnp and o�rcxflea tr tho par! w aarlKtt ntended to te tx�ur�d by it. ,., � �"' ^ Y Y '�h :` `.3��.�F,� f e � W. WARAANTI�S: Suqa warr�nta thnt 11wro �rn no Incta known to Setkr materr�ll ollncl+r liio y81�M n1 �� qeat Prvpert whith are no! �eed�E ob5ervublo b 9�rer or w •,'�A�t{ �r ,• �+'q��, �a{• As ��' : h.itm r1Gt S�a1d�aCioa�d to &►Yw•• -.... . . . - -• y . -'� . Y . . Y . 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'? �;ls' ,� � CLEARWATER C{TY COAIIMISSIDN � ;`;� �: I � ,�. � �,y� y S:',y?. ,Z`E•�t...,�• x,� i "� a Agen�a Co�er Memorandum uem �► {� : ��� � A�'�fTEA� eetin Dale: � ��ry�'�� �'?>��:,-�,•w�":+� . y r �r�� � � �S 71 � �•�'�� ; ..','�:M =��'.'� :ar�• SU��QVI• ��.�;'r.t�:'`:f�5i'1��iF.Li''ir'` , ' r Puzchase o� additiona�. automatic analyzer aystem for Water `'-� �:�;N`=`;;�;i';���-'����F Po].lutian Can�xo� Labaratrariea : ;�`:: �,�'-r,.''�.�'� �'4";•�`• , 3 . �, :,...r�a> , �, ti `,:: •' `�; , � �;.; ; 3,L;:��} , �,4 i ,:.. � R`, e+j,�,T�F;�•�tf��i.,'.S �`�e. ``v:; � RecommendatianlMotiar�: �,�axd a can�ract �o Hran & Luebbe An�lyz�.ng ���.°� :.=��,f�°�:F:���°,� -5�� .� • � Technologies, Tnc., Elmsford� N.Y. far the purchage af a Traace 800 Random AccesB Au�amated Chemical System, a� a cos� of $49,716.U0 in accordance with Sec�ion 42,23 {Z}, singZe source. � and that the appropriata ofllcials be authvr�zed lo execute same. BACKGROUND: The Wa�e� Pol.�.ution Contxo], D.Lvis on e arequ re y s a e an federal regulatory aqenc�.es �o run da,iJ.y nutr.ient testa on each o£ �.tB three tzeml:men� p1an��. E£fec�i.v� Augus� 1, thie woackload increased 25� wiLh their requ.ixemen� to test the cambined Eas�/Ho��heast ef�l.uenC dai�.y as weil, �perating and diacharge �Oermits se� max�.mum �.evels for each of �hese testis, and the C3.ty �.s J.isbLe for finee if they are exceeded. The tests in ques�ion are four nitrogen spaciea and two phoapharug ep�cies. Additiona�. nutrient xest� a�e run �oa� m�nthly environmen�al assessments and procesa con�roi evaluation. Sto�:nwa�er diacharge moni�oring will he requix�d soon. Commercig� �.aboxatflx.�es Ganno� p�cQVide daily eample resu�.�� w3.th�.n Qur �equired �ime congtrain�s, Tuxn-around timee o� t�,ro to fauz weeke fsom gampling date �o report of resu3.tg are n�t �.ncommon. Our re�u�.ts r�ust be ava�.lable in time �o make process adjuetmento, change chemi.aai dae�gea, shaw �rends in �ime for cQrzeative action, and to avo�d penni.t v�.olation �i.nes. Th� exits�.inq auto analyze�, in daily use fv� seven �ears, does not have eith�x the capacity or speed to keep up with the inc�eased sampl�ng zequiremen�s, and it �is imperative ta sugment it's capabi.lity as saon as poss�.ble wi�h the additianal dual channe�. ,ins�rumen�. The comb�,ned perfoxmance wi�.I enable more �zequent batch runs, adequa�e xe�ponse ti.me for taking carrectivs ac��on, and hack-up equipmen� during downtime, not now available. We are epeci�ying so].e svurce puicha��.ng for the new unit from �he manu�actiu�er o� our pr�een� �yatem sa that �here w.ill be cans3.�tent methodology to provide comp.�ete r�dundanay in aase a� downtime� inte�cchangeable parts wherever passible, e�tandardizatian a� consumable matexia�,s, and �he benefi� of labor��ory tnchnicians prior traatning $nd �xpexience.� Fu�d� a�e avail.ab].e wi�hin aurren� 90191 WPC Opera�ing Hud3et . and wi].1 be txans�ezred �rvm codea 421-�.�x350-101/535 and �2J.-1-Z3�0-�22/535 �.nto 3;�-Z_fi642�540/535 r�.or �o uxct�ase. �ieviewcd by: Originating Oept.: Coste: �9�7_1G �,� _ Commiaslan Actlqn: Legal NA Tola! j�] Approvad Budget • � i990-9�.. ❑ Rppro<<ed wlcondittona Purchas�n�____ vaer �eRl.: l] as�fed Wlsk Mgml._ Nn Current FY � Continued ta: a�� Funding Source: • ��M Advertlaed: L7 Cepl. Imp. Olher Dale: �] pperat}np At1RChm�ni�: b t#e '� peP�r ❑ Othar.___� � t�ot requ}��a Vendor Proposal A}facled partlea A�praprlallon Code; ❑ Nniif4ed 315-1-68`4•2-64Q/53S Cit;l negor � Not re�quired ❑ None � ki�`L1}rv' .� tSis `,'t, � .'�; � ��y? s� ' Sis'f�' :�j� ; � 'il�ii jr�l. ; ��'c :',;?:�; . �f. i� ��: `"� � ��!� a;:,' %".': . .r���, t �r.. �� w 'z. �S ,r. -���:`;.�..2 :� F' �'ti';.�-. �::;;, � , `,��jrY-y'��;:r '.' 'r� .t�'. �Y .,• ,'j_��> r�,��a�Y'}�y�?' � ;�.F �'r "�;,:i;K? _ '��F'�;:s;,^ :;.F ;; : t�' : �;.:�:�` %; ''-:- i::? ,��t �,;. %;.:c`✓t��.2�A7! . ;'}:';.�,,�rtr:' < 1.{✓' -��..ry .�i .'ii , j . 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Th� Basic sys��m COt15�S��s of the follot�i,ng �nadui�s. RANROM ACCESS SAMRL�R - Th� sampler can randvmly acce5s any Gup a� �ny time thraugh a combirtation oF a 5amp1� blo�k and probe movement. The saropler �an hald u� to 120 samples. A1dALYTxCFIL C�NSCILE Mi1LTI--BPEED P!!MP RLJAL C4iANNEl.. - Of��rs� sev�r�l advanCa��s �n daily use� both for standa�-d systems a�d for syst�tus Fitt�d with reagent sequ�nc�rs. The b�n��i�s ar�, faa�er start-up, shut-down, m�thad changeaver� �►nd low�r reagen� cansump�ioh. DUAL CHANNEL CQLOi2IM�TER - CaloriMe�er ap�iaai b�nch provides for sin�ie ar dual c�arinpl aperation �rom a sinr�Ze light source. Fiber aptic t��andXe� are u�ilized to �andts�t hc�th �ample atnd re��rerice energy �a detector. CLK3'iLDM +DPEPtATIND AND DATA HANDLINC� S[�FFTkARE - The� 7RARC8-800 aystes,� is cantrolled by r�r► IN�EL computrr throuph Brian + Luebbe+s canrpra�h�nsive 8ss�twesre paekage. . � ., . , -� ESr:ln 1 t i�r�lr1��� .1��c�lyfi�u� lrK;ho�nlntp���:. 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N�':f+:Y•�ati:jl'`��y ' r� " �'$�' �° �:�:'`•� TNO MIJLTI-TES1' MANIFOLD3 �'� tr����:���i����i'� `�;;;��°_�;�„ �� • +;�, ,uY y,,...:„y3.� a: ��«.. ^: :. •�e'; `•�• ��[.� l��'`�,zl��f��.y�_� :�i�: �4' Y.i:' .t ��i,�ti<JY.S���;i�F.a njc.r... ). �:y.F{.,'.rif�::i�.t� � ;, t:..s r�, r��,•i.: �;..-;,,,?,_,,.„; Up to tweive environmental chemi5�ries can he run on ane commoh �-a;� �ty•..f.� �'� ;i2�:�:.,�f �� '� .��,_.,�{.%�w'-,:=::�,r�n•�-. ., ,..w.. de�i�}n mani�ald with no harcSware or um tuh h I d td �r= ; j•ti.��Yl; ��-� > �y�' ��y�* f,', � ' � j"j'�i'4i;- . .,"1'°�i�'� _ ,;. , r:�w i,; . .�,.. r. a �. �. ;�.� , P p � c an��es. n fv ual manifolds for dedicated chemia�ry rang�s are designed fow rapid chahg�ov�r through dir�ct frvnt panel aGCess. �PW approveri ch�mi.stries fc�r thr� TrAR�s-800 Mul�i--Test Cartridge Iirr water and was�ewa�er): Alkalinity, M.O. 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' . . . �c-., r�:,.t�;e 7'` �. ,�;�raw1'� �e . , " �' �i.P � .��'�.'.c���:� «� k��',�i ��,' r�6 �'f°�i .'�'.i:`y�';?,'�;•'8�lr.`�a�f�1'T�+���a+�h�l'fi� � 'rl . jy �� i ' r�=t'�,� �r.. �4:l. .�ir.3��' 7. 4-t iLt'%'���.7�'� .� ',: ',;:.r• ���s':y�;_�';'..d:ksYvy�,�'!���t.�;� , ,' •• .'�'� ;;�,��.�r,.t7"- :`�.��9�v � ' • � � � '�{ielsrmr��ir.�e>e6ni��...»'; .�i�r.,»..,e•v. � ,e , ..- e .. 'a:.`. � . �� .sL.. .�. ........_.,, .a_. s �.. .... ......... .....uL...:,:.,.:'_it;..::,r.:v. ; S �'.. .5 j . . ,.` ' .C, . . ' '' 'e k'� '�S ' �� '•}�� � ' � . `c;r;l`-,`,}' �, �, .. . � , .� � . . � . +,, i ,��,� .�;' `(..;,D..'��:'. �,55^6.'7 , 'S ` f f ��i �i LI 1 i . � . i�•,S � .+�1 �i . �- ;5°..�,�� �I,,t:...�.�?' ' 1' fr 'i', }.i..t`, Y,, •. �{y`°'�:� ' � f'.�` ''' �J ���"•t � rvs+{�� • 'ti�i.<�•�r���},,1�'.i1F�':��'?; � d , . : �._+;�y��,'�:1:` �`..ti.i. i1.Y. • ',f•i `','.',�'�' :��; °����_~ �� �5 i; ; � eL!�, , ,y,.,{ '�:` � _. i...y . 1 �f"�'�'��e'�,y 3 ' , �.,��� •Eo !� ��. ��i . , . '':'}�� .. ' �, �' e ; Pr I� ; � •� . . .. • `;� .a;� .,_ Item f � ,.f��r,, ���..,r-. �1,� ' � • -- ;,� 'tA CLEARWI�TER CiTY COi�+lI5St0 r�otir� nato a-is-�� ;• ',;; �; :-�y°`; : �.`�'; ��'; j ; . c Agenda Cavez Memarandum � � ;?'f'-;�•;�° ;:=:��'t4'yE;`,` j�;, �c�.. � . � ..�; . ; � �" ', "s. , t;i ' ; . � , 'i"':9�'��:r: t:�`s.,�'-;�',',4.E'`<,-1�_' . I '�`'$'� �' �'`', ° � ' SUBJECT: En 'ncerin Scrviccs - Joint Cit 3tate Widenin T'ro ect S.R.5901Drcw Street Downtown Cleaswater to Norlheast �r�;� .;.:-._,;�. ;:,„-:i''��: .f'.' ti;; '' S� S Y- 8 J � , . ; ���4,,'��:,'��s>��.' °;>'•�.;: � ` Canchmai� Road �':='k��.�;'.�:.��:�t' �f����• .. . � ;,� „� , : ., :. �' ;. ; � . `�`���"a�Yl� , ;'.y..'l•:'S;.t, '„ ,,. � _:;';;�,;:��;.ti',' ;;+�-�::'°�� ;',.j:��',;�.4�:�y: RECOMMENDATYON/MQTION. Appravc the ranking of prospcctivc cansultin� caginccrs to prcpare � PD&E study tor the "->'° �`: `�` � i."=+''�r;: s�',;'':�:.•:4, ' widc:ning of Drcw Strcet, as prcpured hy the Consu�tant Scicctian Committae, anc� authorize negotiations wit4� the scicCted firms in arder �•°,f•=ti�;�:.•.,�'•y,.;: ��, �,1,` �: ;� `',� �,'.��,�� '._�:::•., ;• �.���''�!: ; ,a �;. nf lhair runking. ,, .! r.lf,;.,,iq���:;yx,s, ,t3.1,'' ,.r . ���• n.? ,- . ��^ 'r° ,>'�'z't,'.'.m � -: ���.;�, ,'tr.;�' .� � ii ;i� ��'���'�' � .�1,� ,�� ` . ;.ti�,i �'1-i�'' �; •'71'�' ..e � �i i�, j :`''`�T`, �'E�:':i�?:>;'lr'>:;=: '� "��'.�. �� EACKGROUND: "�"� ''''t+r'''`'' • r: :'' '+' �"' "��' � '�hc City propnsw to widen Drew 5trtet frnm just wcst of �t, Harrison Avc. to just cast of Northcast Coaclimaw Rogd in cooperatioa � �; <:'s{ : : ;�.. ,,a:i,..,;t ��._,,4'. a: y: ;,i�. � �;';���,.;;Yj�;��. �;Ce;�";;;'' �� f,;.�: �;.:�F �= with thc Florida Depnrtment of TrnnsporEatian. The City has agrecd with the %ivrida Depiutmcnt nf Transportation to prepare ; � tij..: u m •�.r::i;�:,•;:, F;:�::a.,•.�. �c.':�� ;�;•:<;: :� s'.;.b:,--,;�,,.,<<}�;., rF,; ,,;, ;; ;,;,;,r`.•.�`,,i,,`�.,., preliminary design repnrts �ud construction contract documents including constructiors plans and speci�catioas ia canfarmance with :��.? ;,� �,::,,'� F the rcquircments o[ thc �IoridA Dcpartmcat of Transportation and thc Fcdera! Highway Administratioa. .,_ ��; �, : �;. ::','�.,';�'�'�;:':":s':��::; <':.'�t�;�'' : ;�}, '.?;�: j;.J;,.,'�-i�;} f �, r ;`?:':� Y,z=^.:.�`•j �'?;'r;� A".,` she City has atIocated S4 milIion to begin the prcliminary work neccssary for widening Drew Strcet. The initial wark contemplated . �:Y��'-��7:>:t,.�':'_���:f.;�',,��; � "' �`�`'"<.: ;��:: ..� f� 3': �': ;:- °•'�• °� �•�. ° in this agrccmcat is the preparation oi a preliminary design rcpori I:nown ns a Proscct, Dcvclopmeat and Environmcntal (P,D,&E) r"�..'�i a; i'.ryS,ij:�� r� " ;i C=_.,^,';': {'y` . �':� �;�.:.::';<';;'s,;�_:;,;���,�,' ..;�.:�;;, "':;'::,'��.' Study. Future work contemplAted in this agreemcnt for the brcw Strcet Widening praject is thc prcparativa aF constructioa contract E ;I;�;;•'� r•��;;. �,��':''_ .;�f� ;';:.��. ��: �°� ,'j.-.r_.',• ,�i v � r. '};': .i: etia.=��, �'..y.l.: .'�i° «.°`�0.�; �.:,.�z, �'<=�,{;: -- „z ;�is:s' �'"�(. 'ri ; .,,,:...s,�,. ��... �;,;;:� -:i':;.: �;�°a�:, ';�. . ,. ;•E:�;�tr�`'+` � ; i,v ;'''..4- � f�a1+�, ti+ t �� ;�:1 l t,. r:', ::'_ : �. ., � � documcnts including construction plans and speciGcations, ri�ht-af-way maps, eusement und praperty dcscriptions, FDO'T .Toint Projtci Ayrecments fqr the reZocation of utilities, permit upplications, record cirawings for titility relocatioas, certifcations �nd ather such profcssiana! serviccs which may be nccessary for thc successful completiqn of this projcct in coordinatian with the Flnrida Department of Transporiation. Whcn such serviccs arc desircd by tht City� LhC CI�y ap(] t�1C EIf�IACCi WIiI i1C&OCIAtC AIIIGACIA3CiIl& i0 II1�5 fl�TCCI13Clli for these professionul serviccs, Thc City hns advcriiscd its nccd for a consulting firm to preparc thc i'D&E study. Tan Firms re.5panded to our aavertisemcn#. Ttic Consultant ScIectian Cammittee selcctcd three top firms and euch ms�dc a anc-hour presentatian regarriing their qualifiaations. The (irms huve bccn rankcd in the follnwing order: t. Post, Bucklay, Schuh & Jcrnig�n 2, Wnda-Trim, Inc. 3. }�AiSUilS� Briakerhoff� Quade & Douglas, Inc. ie is recommcndcri that the Commission approve the Selectian Cnmmittce's rAnking and autharizc negoeiutions far contractual scrviccs in ordcr n[ thC r�niting, � Revlew�ed by: Originating flept. Costs: FiA Ca+41ss1on Aetion Public NorkslEng. � L�gal NA (Current FY) Appraved Hudget HA User pept. Fur�i {ng ourea: w%coodlttons Purchasfng HA Capt. I�. nented Rlsk Mgmt. NA vcrt s: Operating Co�t'd to DIS HA Oate: Other ACN� HA Paper; � pprapr at an o o s ac ments: Other HA Not required NA HA �uTi' e ecte part es natlfied HA • Cit 1lot raquired 1 �,�;••_ � : � i � � i r � # 1 ! 4� %{i � ,. � :{ ..'. 9 1 �'.. __ ., • .r.�- a .t. ;ti�.�.. .;frqsgtrr ?....;�M.:c r, � ,za � ,�, � � - . . � ' . . rS .i� . .. � '� �Y� R�. ;M�• •:i;k,,, `.�,�_`.{;.�rr'. �;;�....•�s-y: � . . . . , , � . � , • . . e ..� �..., t "' � `"`�''` 'F � ��_ � � . . . .,.',,Ni.�F{�.j��_, y� ii:' ' . . ' . ,r , sA ., 'y:. . �.,,�� .w > i1`�. ' • r ..�' . , . . . - � • . • ,�t: ^ ' . a�t:.. �:' �.i ' '�tV F,��h��� �..F a'3,' ;' ', y. f . '�1i'° t•'a`�'gs';��,Z `�,�'��'+�� �J+Re y� `�p... �,��� , ,���;iit�! },. 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''Q ' � `a� �� oating S1a1a• 1. � • � � . � , � • � �'�ITEA4,rr ie,'=�,�'`;,:�'` ..Li, s . r � , . � `�' SUB�7LCT. �n" '+�.et`•:'.'„• `' i,; , � i-y �' � , '`�r�!';�:;': ;�:i;,.;; •� j Approval v� cant�.nuat�.vn �.n u��.1.�.z�ng fedsral grants to fund the �ommunity :���'::'����';�`'° 'i::t� '� � Hausing Reaource Hoaxd (C.H.R.B.), C.A.P., Inc., and the N.A.A.C.P. to conduct ;;.�' � -JS;;Y�;'':a:�� � �,, '� Cammunity Relat�ons nutx�each Acti.v:L��es . I`3''i��,�y i�".� .�FYi1�: .r . '�;�1:-���;;;; '.���';.,�;- ' � � � RECOI�iENDATI0�1; :`i��'�- -:��:?��''ar `i' . Ci.ty CommisBian appr�ve the �xpendi�uxe of �ede�a3. Depar�men� o£ Houaing and ::;�:� ���'�':;�;,::: '" �` . Llxban Deve�.apinen.t {H.U.D. } Incent3.ve mon3.es to �und �he N.A.A.C.P. and C.A.P., .' ' �k., i��,�r�'. :>�yi,��`'�i'hS::;n`;i.j`• 's�,�.:- Tnc. �vr ths balance a� f�.sca�. yeaa: �.990 �0 1991, and C.H.R.B. fo� fiscal year � .:.�..;`,,��° i°- �° ':t.: � . 1991 to 1992, and �pp�ove th� a�tached �greements with �hase organ3:.��ions. 1�.' �.� '.r`,`r°;:`� ::` I+•'1•'4'4'J 1,�`'1,�1 C X 1 And that the approPriate of�icia�s be authorized to e�ecutQ r�ame. `J r��' Y =�1 �S�M� `�4'�'�• , j` �'� " :,).ft6,eyLt.i Y'f,i' '�i�•'��: - ' '.'�,�,`,�.: ;��'y;;:� ��':' � �.� �; :s ;��'a ; � �'� � �., HACRGROUNU : ':• ' �``'r; �° : �� •;,'�:'. ``�r, `':;;.;�.='� _�.�. Du�i.ng previous yeara � �he Ci�y has funded numaraus social gervice :-..'�, .,.', c:�1.;:�; • ,. , ; K;: ,.� ,, " • rl r;��3..,��:: ��.r)�ti':G..�'..r),,.',pr. ; ��'�; :•..: ;:, :.r.,.: _...; • . _�,, o , . . ^` argan�.zations . Ths Cleaxwa�er Of f�.ce of Cammuni�y Rsl.ations has provided �.:, ..s.., ..=;,.F:i..�...�,r�.:;ct.zu;.'=..� ;-• ...:�>� •>:�.�, f� :i:'.1'�1' ;, :� _;:�'•',f• �in,. �;; g�cants far the promotion of fair housing ou�reach and education tllrough '; <:"!.':i}`�F�}�•:�;?. '- �'�'.`':';r..�::� f.,;;.y;l,.;�,.;;,�,,;";r��;,,.,�<<„t;,., y.._,� cantracts w3.th Iacal social eervice drganizations in comp3.iance with H.U.D. ��•.=" •� °--1' : funding requiremen�s . A table ahowing the dolla� amaunt oE �h� sociaJ. se�rice � �.r ;,. r":,' ..;� ,,. ?'.:'.t�, �:s �_.!; �', t :��:��:;'•:r::����t,. ���; �,;.,�°�j,,:��.�; '.` �unding �rom FY 86 ,i� at�ached, along w.i�h Che agreements be�ween the Ci,ty and •� r��x:P ; � ;° , .,:!'•'�:�J.y��'�,�`;;,:.:"{.=:�5;`";..';.;::'.•;.: the N.A.A.C.P., C.A.P., �nc., and C.H,R.�. These agericies wi1�. utiZiz� H.U.A. r"f�`'; r•;�`:,�' -;: ''.{:°•. :''':�'�::;;• ' 3.ncenti,ve funds to prov3.de fair housing trai.ning and outreach in campliance �.f3r ' �..�.'� ��- �. vj:ry,�S��_ •;: `�r:;:�;�':'':��;:"•:*':'�-:� :�: ``.��,;{, with the ci�y's agreemen� wi�h H.U.D. These agencieg pravide fair houeinq �„ :�j..<=, �f; ;,.�{�...,..,.. ';:'; .. .. '�1.L:".,~...:�, �- �� warkshnps for lacal ci.tizens, �rain�.ng far realtors, a fair hoias.�ng poste� and `��� '.�": � ; �, � T = ��.�; a;,^. . ; . � � ' ��= '"' � ' ''� ` �� =-��'� essay contest fo�c laca�. �chool ch�l.dxen, �rain�.ng for �.aaa1 re�pandents in :�:�;t;',::i;.;;`;��;si��x;-��"�`;'.r.:•°�i�;=:_,.��, a a� �.ng di,s riminat�on, sp akers �or community pa:es ntat3.ons, fai.r •,;. '.;y . '.:,; ;,�,.., :, t,, c ses hoixs c e Q ��`''` �"" "" housing atud�,�s and o��ice �paa� far an outxeach facili�y. The N.A.A. C.P. and i3 4f.z ���r',ti'ta. �;i � ':r ' �. .+x' • ,•/.., .. •v=`;a: <�� ° -. .� ;�:•. `��-; � : �..,,�:. F.��:�;: �,;;': �'S"'� .° t��;1''��Y-' C.A.P,, Inc. �antracts are cammitments for FY 91 H.U.D. �unds the C.H.R.H. .a�°,;•.. I��;:�i,`x�:y�`•' 7� :;.sr;. �.:,';:, � �.'��`°:�,.,. .=�-.:tnr�:� :� �„';. � can�ract is a commitment iar FY 92 H.Lf.D. funds 3.+� .�`,`' � ' `' ;'s��: <<: s: ' ...r'1'�:...�:f•.\..Z•••. .. . ,. .. _._..� _ a � 4.`(:. , . fa � I 181-Z-9543-8201569 w $37,80Q (90/91) Di�-��1450-820/S69 - $30,OOQ (�31/92) Revlawed by: Legaf .��____._� 8udpal Purchasing Rtsk Mgmt, EIIS ACSA Olher 3uhm�t d b • I � C1ly a nger ..^..�� _.. _ ..�,,._. .... _ _ ,_ �t� S n Usar Dapt.: Adva�tlaed: Date: Paper: ❑ SJaI €equlred Aliecled paslles � Kol�Sled Q Not requlred Costs; see ahove 7alal Cutrenl F1! Funding Sourr.e: �� Cepl. 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( `.����2�4#'� ,- li3t�.�'+;' :"-l�i,; =�".A_1tti':{I.i �.'�,�..��.;'tL :"t� : !�;:: :I4'.ti • N3S-�:�i,�:'i}i:'v: t�iJ-:'� . ,-� � :;::,,. ;`.,�-��ii.,s:r�:"�;rift: ��'�,;��,",'+';�:_:.�','_, ' ���,d.�' :,�'��)'' '�.�y,,�i. ,�;.y.;��,. +'.'#� �3'i.;•:.A{� 3ti�e��,.�.�?:;,�f:� r�t � :i . �•i�� �'r��'?y��,�.;,YF. �•„",t':}�., �'t .��,�� �� �z�Ylr���h.'r� ,'� F, ' '''�' '. w,,,�r=r�+��.;�: < k 'rr•� � °:Si w" ��_ - '• u �a..-;; ;.} }r..," , :�' ` .;:�, rtli . ���,,:; . . �..: j� ' ^ � : . : ��t��i g�,�r+�.�, �;;�;�; 9'•1° �-�4i:. ;1a%t...vi��_'''f1.i :r'.'s�..f�1e:.„<<�`'". t. ; .°, i. . ��i,;:a ;`,�.;�5, .. , ��;^ yiF'«�'''i'•, '�1'":l�i;. :�.: ,°, ';5{�YE ;�� z.',.r_�c,M.. `� ��� �H2?�.1,���':i� S'? �^I}t � a�t,',j!fFl,ti'S'.y:.;., )f�l.�'�- ff,"(a�{��;��+� ;..�t•�4,; �� �� y'. ; .,_a'�;.� �. �i�,<< -.s �� ���. _ ��:. ,. 0 1 _ . ... _ . . �.. �.».. �.��. �. . .. ..-..��..��.. ���_ r �}C R F B fl T B . � ' 4 � "r �I �, 71f 'IHIS AC�T[ cntored into thia , bntwcca the City af Claarwator, �+larida, (hcrcinaftcr rcfesrred to aa City} aad tbo C�rnunityHau�ingRcso�trce Bosrd, Iac,, P. Q. Box 2651, Claarwatcr, Floctda 34617, a nonprofit or�Anization, (hcrelnaEter refarrod to as C.H,R.B.), for the contrttci perind Octobar 1, i9I1 to 5cptembcr 30� 1992 and providce as follows: VS%1f12E45, the City ai Cf�arwater needs extoasive outroac� offprts to enhsnca thc scrvices providcd to citizcna by thp Clcsrwates Offiac of Ca�ursity �C�$tlOi16. I�LW �, ira coasidcration of tho muluaf covenaats aad agreanents hcceinaftar stated tha parti�s hercio agree as fo�Iaws: I. Thc City sh�,ll providn to C.H.R,B. solaly frosn iis City and Couaty H.U.D. IpGCIli1VC Allocatians tha maximuro sum af Thirty Thousapd Dollars {S3q,00i1.00) subject to and in accordaacewitb the�pravisioas of this agreeiacnt aad in express reliancc on the warraniy of C.H.R,B, thut such funds will bo usod oxclusively for fhe prajccts in the City of C1e�rwat�r and Upper Pineiias County as spccified in thie agrtement. C.H.R.B. shali bc resppnsiblc for ihe tasks 1'estcd bclovv. Thesc items include, tvithnut licnitation, fair housis�g puhlic cducetiou aad ontrcacl�� distributioa of fair bousin� litoraturp� activities related to obtainiag substuntial cquivalcncystatuS fort6ecity's fuiriaousing lagislation,arientatiQn trainiug for tf�e Clcarwater �oard of Rcaltors, apd training regarding handicap accoas rcquir�nts. C.H.R.B. will cstablish a public-privata partner�hip - Fair Housing Iufarnu►tion CCi1[CC. � II. As funds are required by C.H.R.B. for thc Purposcs providcd i�orcin� tbc City will p�avido the spccificd amouat for the praper cxecution of this contract. Thc GH.R.S. daca cartify that all applicable fcderal, siate and locui Iaws, scgu#ations aad ardiaauaes have bccn canplicd with in cmm�itting 5d1[I fAlldfi. YII. All rocords pertaining to this project sf�ell be retaiaod by C.H.R.B. tor such pnrioci aa required by applicablc laws aad regulatioas andalay t�craafEar be dcatraycd nnly with thc prior upprnval af tho City. 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N` {:. > t��,'! i.�;�." � t�ti '. ��2.'!A'� ti s'$ S�' �.� � � . L�r.�- ,•'}�.i ��_, t.r:�}' �6 �' �R, ,:i`^'�°: ..r �c�i�, f .•�' ,�!��i..l`�`'i' •/li`Y�"�;..' `E�'' .�z�� . : . s�c ��.. 1'�.:�' t;' ` .° . Y � . ..��15��\� :IA.F,�tS'��'F� ?'4r .5� .t•�. .. Y �o�.i .,,• �,•iy;•.;�i'..'y :1,::���{y� ,rl't 'f ,�,. . �'�. ..�-.�:1. ` .�y �. 1>•:.ti�� �+. •✓+�,� 'F�i: :�'&�ri;�e.`�'is'�d �i:��:j .�;�i' `'' � :,�!�4��'•�i �: !°'' ' �,l'' ,�,'� x. :�;�^�.. r�r��i � ;�3; ,1r• .<s�, ��r,i. ;.�, 'iJ'fa : ,a,'�:`.� � i^.�.•.;;s��U' <?'i:�i.�� ?;� . ,rt-�ti�,� r ;`� �'i_ , rsr .i i: � ..j . � � �?�%���, .i ; 4�, 4 i,+�� ;� .�+%: � '�r''•1:1� ' �'� i � .. .,t: � .;�„ �.i.Aii�.���i�,' .�sri'e. 'L+' �,,.i' �d� , q=;�l ,; ' �r.• .;�^� ,. .s� p�^' �1 �S��F�. ��� �S�Yeail.Y7'i rti�krL4i.i..�_ � ' �} ' �.S ' ' ' . .,�. �:' '1''�r v. "��t;;`�tC'•"� `.°�'�j� i,sk-a.���,`��,.�..w�,,.. ' ,.`;, � ,. ;,: , ., _ . , „ ':.'';:; ' �'�'-. �,, +�raC.i.'.E x�w«v ..« �� ww. i......... �.t�,.}..ww..�..�...,.»....�+�rriwsw a+:�. �..�.i•� �r�.�EM�� '�HIS AQtFAVH1T entcrcd into thi� , batwacn thc City af C[carwbter, Florida (hereinaftcr rcferred to aa City) bnd C,A.P„ lnc., P. O. Bflx 295� Tarpoa Spriagar Florida 3a617, A aonprofit organization, for thc contrnct period af Junc 1, 1991 to Septcmber 30� 1991, pravidos a: fo11awR: W-�'R�S� the City, in COOPCTAL�DA with Piaellas County Govarmneni, prov{dtt administrat�ve and enforcemeni sorvices ior �umnn rights ordinance in Nortbara Pinallua Couniy through f►anda grnvidcd by tl�c Pincllas Cc�unty Honrd of Conaty Caamiasioaor� aad VIF�AS thc City of CZearwater nceds axtanaiva outrcach ei'forts to oaLa�aca t6o sorvices provided county residents by the Clearwater Office of Ca�nunity Rclatian�. K7JV�2E, iu considcration af theinutual covenaats and agreemeats harcinaftor sttttcd thc pariics hercto �gree as follows: I. Tho City sha[1 Provide to C.A.P.� Inc. saleiy fram iCs �ounty nllocationa tLc maxim� sum of Thrcc ThousAnd, Four Hundred Fifty Dol f nrs {53��{SO,QO) snbjcai to nnd in accordanccwit� thc provisiona of this agraement snd in ezpreas roliAacc an thcwarraaty of C.A.P., Inc, that such funds wili be used ezcluaively� Eor tho projacis ia the Upger PincllusArea as specified in tf�is agreemeni. C.A.P.� Inc. ahall be respoasible for tda ttsxka rcprescated by the ite�tss ideutificd in tho additianul budgat detail� attached hcrcto as Exhibit A,•and incorporated hercin. Thtse itcros iaoluded� without limitation, ' the engagementt training and suparvision of (An) outreach worker(s) to bc sugerviscd by the Cannunity Rclations Division and C.A.P.� Iac. jaintly. ;; II. 1�,s iunds are requirod by C.A.P., Ync, for ihc purpoaos provided hcrein, t5e ., ;>,' City will prpvidc thc specified emount for the propor' excci�tian of this coatract. ;!'; . C.A.P., Inc, docs ccrtify thet ell applicublc faderal, stata and local laws, regulations �°�: ;�, and ordinances f�avc bceu camplicd with in comnitting seid funds, Upou rccciviag the �.E �`Y signed Cantract ia proper form., theCity ahaf3 duly roqu:sition fram tk�c Pincllas County �:% :y;- Office of Human RigSts the Amouni so requcsicd and whon such amount ic craditcd to the :'S �� C';ity's accouut, t�c City shall pay thet amount to C.A,P.� Ina, . iII. All rccords pertaining to this project shal l bo rataincd by C.A.P., Ync, for such periad as required by eppl'scable lnwg snd ragu[at�ons and may theroafter be destroyed only �ith tha prior writtca ¢ppro�el af flae City. All rocords shall be available for nudit by rcprescntativcs of thc City aud:othcr'ngc�c�ca recpon�ibla for camplieucc wiif� applicablc lsws nnd regulatioaa. � �, : . ... .. , ,,, . . . �� " r , �I t � i � 1 a � .; :'`s=' `'`if:-;�;;tii;�����'�'��" .�rw,�:6�.;�%y �±� y,. ,, ; ' . 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'�A � ..• �a� r r. �;; ;`., ;•',`': :� .iyy�; Y �T_;�'r,'r�j, . 1" .l � � . r�T3+%�� � ��,. ., iyw �y ,.`�:' rt:'i:• t�'�'i�r•4i'.�� 'Ti}� .,•L'.'`1 t'�.• •,� ��%�f�iC��•I�;�� : �'{ �:�ii�tlr,� �a .k r'.':�. : • �ti,�{,� .; ' :"� � ?'''""t✓x"'`t�'•:r'±< :�,�<�;:x � -ii�' �:�4. �;i;t.:. �;. �'�,,; :�: `- :ivr�it :..;r�;�''s�t ^ ;,:,���..:��. +`^,'- :��}d.,� ti...-i�, . w :fr. 1 � .. �g�=;z; :i,.� . ',�-i�' �`�.�;°. `%?.�:3 s.'���.r� {,j::�.�.�'y..._ t� �. ���'I ii:`. °' � � 0 . •r A(3 EB�SNT 'IHiS �vH1I' cntorcd into this � botwcca tha City of Ciaarweicr, Flaridn, (hcreinaftar soierred to as Cf#y) Aud tha C�oarwator Braneh of National Associbtion Eor thc advancement of Colored Poople, � P. �. �ox 2073, Clagrwatcr� F�orida 3�617, a nonprpfit flrgaaization of its incorparatcd parcnE organ�zation (Hereioafter rcferrGd to as N.A.A.C.P.} fnr tbe coatraat p�xiod IunG 1, 1991 to Septcmbcr 3U� 1991 end providca aa foltows: V1��� thc City af Claarwaier necda extansiva outreach ofiorta to eahanca t�e scrviccs providod aity reaidcnts i�y tha Clcarwater Office o� Caomunety Relatians. I�JdV 'iI�EItF�tE, in cons iderat ioa of thc mutual covenanta aud agreemoats hercinaftcr atatcd the partiea hereto agree as fo2lows: I. The City shall provide [o N.A.A.C.P. solely from its H.U.D. Incea:ivc A! locst ioas thc cnaximum sum af Scven Thousand t�ad l�ivc Huudred Do1 Iars (S7�SOQ.QO) , subjcct to and ia accordance with thc provisions of this agre�ncat and iu cxprass reliancc aa thcwarranty of N.A.A.C.P. that sueh funds wiil bc used Gxclusivcly for the projeots in the City of Cletsrwater as specificd in this t�grcernant. N.A.A.C.P. �hali be r�sponsibfc for thc taaks represented by the ':tems lIIC0I1�1Gi� in the additionul budget detail, attachcd hercio as Ex4ibit A, and incorporated l�orain. These itcros includc, wit�out 3imitatina� the cngagexnent, training and Svpervision of (an) outrcach warkcr(s) to be sqpervistd by ibe Officc of Co�unity Rclatians and N.A.A.C,�, jeintly. Ii. As funds are requircci by N.A.A.C.i'. for thc purposos providcd herein, thc City well providc thc spcci�icd amount Cor thc praper cxccution of tf�ia cantract. Tho N.A.A.C.P. does ccrt'sfy that al! agplicablc fcdcral� statc aad locAi laws, regulation6 and ordinances hr�vc becn compliedwith in coRmitting said funds, IId. All records pertaining to this project sha1I bo rctaiacd by N.A.A.C.P. far such pertad us rcquircd by a�plicablc law6 aAd rogulations and may theroafter I bc destroycd only with the prior approval of thc Ci�ty. All records shall bo availablo fQr audit by rcpreseutativoa nf the City and oif�or ageacias reapoasible , for compiiaace with tspplicablc luws etnd regulationa. � . ,. ,. � ,i £. � .w" v . ..,. � •-� ��--' ' , ;� ' . , ! . s �... .... ,... . . , o� . .. , .:.i.. ,. - . _ r.. _ ...... , ; � .. ' I-�"'y�... � , �� t �il��' „ �i'= •��'��.����r �� 4 s Y 5• F'$ i„ �x'i.� °�'SY � w'� yr`��t� f•.\� . �.r.,r+ .`,�i.y��„�r°i,�!'�t�.t�i��: �: 'i'�,�1 •,�fy` �t)!ti!�Y��,F,�1., �.tll'�yl' �/�y `7:�i�F�:j� �. ' c ` ;�If� ��ii,�`y�4`>.jS.� �tir�. 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Nn.,i'��+a .1!. .,y:.'�.•l.1��• , � ���,� �� j�;:,�1� 4��;�1!•,T�.{ . . �•` � :: .�'`. �� Iteill * �!�i.,, '' ��'+!,`,, �.�,J '� � f�`:,.: • �';%••• �1�?F h,�'N'it' ��^ '�' : : '{'-.^f:- . ,,." •, �i . r M... ,�a�� a ',� � ';ti',:��:+;-;:'� �.:';: ° . � - .� � CLEARWAmER CITY COMM�88IOr1 Mcetinp Unta 08/15/91 .1'j'�:��;;f�.���,��,r�°�, ':-iwk. `S�I.�� . . �, .'�[', . . — ,r �iL��-7 Y ,... .. ,. '.f ' ` . ..° t Agenda Cover Memorandum °,�;:;h;�/'Yj 1��-t°a;� ,*���a �,��;� `A�.L•t � ` ~,�1.; .'�,�� � � � �a:9�IMi��± 7� .� " �� �f,�.''� .1. �•�. 1 ,..� ' � �' �'.5���� �,:.'.I•���ti5...�. ��. _ � r%��� �j� 1i,y ��' � �. <<, : �f'-L �.¢I��iAL A iF�Y i �,f�..•y�,{ 'W�:'::` . �'�. .�'. y}_.;. � '- ' -;;t� il. ��°�'� .x.'td�%,•,,.�;3.'��� "` y�t! {`n rit...;�f_�ti . �S � . :y:�'nl.lj�y'.,ll ;;�::,t'��.��::� ' '�r=•4. ':1 j BUBJEGT: 19g1 i3vHDRAIN CONTRACT 91-7 � CHANQ� ORDER 1 '�s:°".�''^'� �^�'•°5��� :�' ,.•._'�,;:: :�...� - •� I ) # • ��� �y�.s.i!� . ��-H``;:.`F,;'•� �'• � r�� ,!�1 4 �•'.�•�e,�.��7 '��, 4�`�;� II ;}�'�,.�f;.�� •`e,, � �,�FL� `���,e^jt1�. r' j �r.^E .;`v. ' i �.}:' !`;�'y,-��ri' �cr,s1 rr 7�; i . t.^..3i.i-`�.: *r, :��.., � �• ��i rt .Y I�� 5��;'`�����y''"`:��;.n:::�� :„,�_ RECOMMENDATION/MpTION: Approve chAnge Oxder �l to the 199]. 8ubdra3n Cont�act ,�{° ��`� .�• jr:'';• i� ,a •i�',�� �.., '� ' s,� `� �,.r,i��'�� a �;� ':�•����r:=.r;.;:°: ,,,,,, ,�L'i'`;,�;1;�:�;� xncreasing the contrac� amaunt $59, 495. o� far a new contract amoun� �P ,�,�k �� f;''''�.�:"tii;;F"'r :s�;<d';,'i`�; '�.t:�}�'�,'�� ;:' $149�705.40 �o SUNCOAST EXCAVATIHG, iNC. of �xONA, Fr,�RIDA >,''�� �� '` r : �.,,.....� ��.:,f.l�f-�.���!) 'y v'�!1•" '�.s ��:•' �:%,`I• • �� J :� �. , 3•"•�•r�;�� �•�AI �� • a y �{`� s •� � j�E 's'}� i► `'r th szV•�����5 t•+'.F ��i. ���r�..�;.lyY+� 'X ��•'4; i ��r�"- �, .i:'1=y .�!.,.�.'i'- 1�� +I. 4:�1'..t�i�y � �.�,°.��,tir�',$�����^.''�"•�:;:�; �'`��;'<�`.:r;���`° 0 And that tne appropria�� afficial be authorized t�- execute same. ����' �'• � j..,`�."A:;�",,�,�s,�',t��;�A:, .�•' ,ti�':":. "� : ,4,�� �•.; �L:;,,6 �: � �'�+"'x'E,, ' � ,.Sk ''�l�t * , s,5i� . . .r<','r'�':�� fY*�J. t ' :'i��vi`�a�i��-i,��";i}'i'.��=":°;; ��J�';::�': BACKGROJ�iDC ,'+.'3'•` � f : r.,•'{:y.� ^-Jf�" •�'{;'�J:ii �,%E1s,'�'7`,.;��1��:i�i:;�t'�i�4�'. ,�,�.�.�'�� '�` �� �� '� �✓:; . , .ti..r....t" � . `:��:.,��' �l���ti�;' ��`z;:;:=�:'`�J3 '4�`• The purpose �E �his Change Ordex is ta i.ncrease the amount oE wo�k in this �i�"'`���' �,' t s+ Fn � �Y{��.����Fi��fi�r��,"�io._`; ,!' ,,�;'7�Fr�' �.`k �"!. �. J�.'�••��;:: � 3 '�' contirac� �o rov3.de �nr �h� instal�.a��.an of subdrain on additio�al. s�ree�s <�;a�,=`'�"'' ;�y,..r,, 1: :" r�-'>.z� �: �'�'�:r��:.�;`�: ` F "`�'� " �' �r��:,t f4 �r� 5M , f�.• _eiti,; �'b. � �. *,fr.;i; �.,.��.t��r.;tEr:rs,, 4 �,r�,.x- ;, };.�, xequiring main��nanae as idantified by the Public service Divisa.on. The ,���.�' � . :�� �, r�., °��>:` ����Y:��=��}'' ':�:`�<�::;>-�� ;���,;, contrac� 5capa of Work allows for increases in the can�ract in an amaux�t af up �;�:�, '��� � >,� �� '';�•t'�.: kt��;f► ;�;, ��`�ti����� :,'�E-�,�.tf�.��;:=� � Y p ( ) 9i a�. on ra t a].low the City to fully use '��'� ^ s., � ,'�*.'•� �•a:• �-< ta fift ercant 50� ot the ari n c � c to *�� . K`:%�; ��,rr.;':i;�����;�^s�:;�:,�=�rY:;'�;�'�� available funding. We a�sa wish ta talce ad�antage of tha excel].ent bid pr�,ces F,���� �, ,� :;�' „�. y i�j=��" 'S i l�'";i{'i s. •.,;,.,,�.�:;,�.�;,, .;:.� �;��'�, .;��,,.. _�.• �� �°� submitted by suncoas� Excavating i.n the ori.ginal bid. The streets proposed �ar `��. ��i,�'�;� � f r, : ; ;� kj�• ti.Y4F��.•'�„ il;...,-;¢; .r. w�q � �;-:rp'i°�:�+,,,��� ;;�:•r°-:�.,.,�; .... additional work are as �oll.aws: Patnelia Street fram Sandy Ridge �o Linwaad, }3etty '�4:�,�y,� �;,�r x;�...::r�;,�,4�.���,: ;>:: ,,.,, . ,.�.:t' ,'�,. � ���' f'_;'rr�:�,;='�;.r,'.;�:�,�;, ;�f,��r,:•:;;�r",._.,:�, Lane from Bellevue Blvd. t� Lakeva.ew Rd. , and, Chester Drive Eram �ruid Raad to �?�{}`��' �`' ; '; ��� '�,��? r;»;��;�:`s=' �;�.':°� ��r����;;s;; Lntus Path. The uanti�ies needed to complete this work are listed an the '��1� �.�°�� �.•i��:��r..p;s:..�ix�:.,;���...._,; .,,,�,,.., � , � �f}'�'��• ,�'e.< �� •� ;� 5y�;+ft �;�,.ttl.�. ;�',�t. r4 i, `+{`,: i.;=, �:s`? at�ached ohange O�C�@x' . r4_�w�'�� r[r,�, ,�- �; Y�:s�f ��•,}, .,4,;,4:s'�. y4.i:.t'r;„"�"'` `.� { `���'l•.� r:!„�,". �t� ;+�.':"'''. �r�: )'�';�,.�r' � ,�:�'F ���*, -��`'.�.�;� p �� �'{ - The turrent baiance in the project is �:�: �� ��°��` �; �? ��� {',N r` s' �°�' i f��iS,�Oy��'��«:j:::.� � f�' '�'�° � Fi .� ���;,�, �;;�: .�, ..,,��,,..,.�_;.,.,., q o g rd r fA .OD. �r �'. ���, � �� '�� ��, �;. �� �" °<<•, �.. ,.,. ad� uate t cover this chan a o e r 559.995 ;����.� �r��G � '` �'S . s� �'�' �•�"�c..;ti�.'�, '; '��' '�,'���, �'L ;;r � ty'� r v� '���:`.fw4 :''•.',�n� � '�.x?'i�:''. ... �,^'. i.:��.���:�.�,�3�?ir � .t;'J.97�4 i�. : r', i�.. �'!:. Y� I � � subdrain Revie�ed by: griginating Oept. Gosts: 559.995.OD Ca�iasion Aetlan ���� LeflBt�� � Publlc Works/Eng necring i�urrcnt FY) x Approued Budget User pept. Funding Saurce: Approvrd Purchacinp N/A Cnpt. lmp. �C w%CD�E�iana � � Denied Risk Ngmt._ R/�4� _ Aclvcrt#acd: QperetinQ Cont�d ta DIS,__ N/A oate: � �ther ' ACN H/A, _. Puper: Other i4at required g Apprapr at on C e(�� sj � Attachmrnta: 315-1-2�55-E37/S4_1� Chanqc OrdaP N1 5u6mitt h • Affected parties notitied x � Clty Not requfred .apn .. . . �s � 1 F ` ki � :',: , �.5 f s �'. � a � :^%r � ►�;,'. '�;�. n� i ��., �� ! ��s . . � :i � i' i ¢_i r 5".'; �!��1 ��,' ��,g�.� ?r r r,•, ��j� g , 4! a �'� y �� � �`�„� { e � � � � I�.frf,f,!•�f�' ��fr.:.df•, ' .'Z��`::'�•' "M: ";' '.i. ' � �. .:. _ . ' -'f �.,�+ : r �., . • � y:!.,. � i..._...;. . y;y�"'w��=rr�i1�r..rPrr ,rh.�+ff �'�;roei��1�'�'�: �^�14��dt+; i , • r ;�':�e1^ ..,1, , .. .t. 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L�',t�,�,��;�-,,,�s,' . �i �#r'�C:•�';�;�E t�".I�;` i.!{{ijA;':�,� .fE'.a,..s' � :w �;� r; yf : 'i::�,` '� �fd'.i��� } r .`��' . a-f �' � ' e���i.�P�?1� �: �¢' ?. . ','�; , 1✓}, �.ir�k;�4iJ�A.,',;f. j�{j�1i: 4�•���L., ,� I��; � ';:';.i,§zy; :�.;. a• ��.� �,,' .t,,jF•• ���' S� � �'��� � �+" '$�,�� •l• .;j,t'��:Y ' �F:` `r.i'.i%�.r:�, yy :` °t',.{'.'�r' � X_�' a;"�+� ��,' ,;���,:`';;,: �, t �,'.� .:`}}; :��':ti:. � � CONTRACT CifY�i�E ORDER NUMHER t 1 PROJECTt t991 BUBDRAIN CONTRACT CQNTRACTOR! B�NCOABT £XCAVAT�330, �NC. p.0. 80}I 839 OZONA, FLOR�qA 34660 DAT�! Q7/29/9]. P�10JL�CT NUMBER 9�.-? DATE OF CONTAACT' p3/1,8/91 !')COPE OF CEiANdk = THx6 CiiA.N(�E ORD�R ACCEPTB REVI8ION0 TO THE CONTRACT ZNCREA�E QUANTITY�Bt �tem 1� 6" SU$DRATN PVC �'ILTER 4,100 L.F. @$�6.00 I�em 2- S" SUBDRAIN PVC FTLTER 55 L.F. �$22.00 Ttem 6- 4'� CONCRETE SIDEWALK 300 S.F. @$ 2.Q0 Item 7� PC �ii ASPHAL7' 4 TON C$60.00 I�em 8-- SOD 7.9, OQO S. F, $$ . 60 TOTAL ZNGR�ABE DECREASE QUANTITIEB: I�ert 4-- 6" Ca�ICRETE W/MESH ARIVE REPLAC�M�NT ].2, OQQ .S. F. @ $ l.. 00 Z�em 5- R�PLHCE CUHB 2,000 L.F. @$ 3.50 TOTAL DECREABE TOTAL INCREA9E $7�i, 995. �0 -- m0'TAL DECREAB� $19, 000. 00 _ $ 65,600.00 = $ 3., 355. OQ - $ 600.00 _ $ 240.00 � s a��..ao�.oa $ ��,9�s.oa = $ 12,OOU.00 = S 7.004.�Q $ 19�000.00 = $ 59,995.00 aTATEMENT DF CONTRACT AMOUNT ACCEPTk:D HXt Original Contrac� $ 1.39,710.00 &UNCOAST EXCAVATINt3, IN'C. Chanqe Ordez �]. * S 59,995.00 NEW CONTRACT AMDUNT $ 199,705.00 By: SEAL O�'�O Cai'�@S�it1D R ta �azvey Mayor-camm ss oner M.A. Gaibr�a.��f, Jr. C3tiy A�tarney (Approvecl as to iarm � correutness) )3.9 . ' , ��. . ��� ;r } , 0 Cec � M Hena scn, Jr., P.E. 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' ' . . j-'i 1 r{..! .,� ' . . � i . . . � . ' . . . ' �� � !' . , � . , ' , . . ' � . , lr '�' ' • I �i'� �•I, � • ' �iit.'i,,al1.l.1.�-i: s�DJ!•:f1 _ . . ' . . i .. .... � . . .. • . . .. �...r. .�. . .. � i� . C. ` .�/Y1:CW�+��M.�Iw.f1HlriLLir��M�wwy��wd1�M�.. �+.�z..�`... ...«. . . . +. � � 1 .. . � w.. .�� r, 1. .. . .. . . � i � w.... w , .. 1 ;�� ., :i� � '. �; i � : .,' ;3; ,.`ry1,.� : �, . .. � � giAl . # . ' -'. �''. ��' . .�. �� -� � � �+ � �'�. CLEI4RWATER CiTY COMM�SSION O .��,��'� <~t"N� '=�i'`- . �,. . . . , � . . '�t�•� . � Q > . �F � �D . 3 . � � r ° . }:: . , . . .. " �{f � � r -�- 4 A enda Co�er Memorandum ` usm � � � � �,:�''`� ' ' ��'�:'�� . �.4 � l � ',1' . . � . � . � ,t'' �..',' ''* r. . � L u �. �.�:;� _ 9 g/i5/�i .`: �.�.:,;�":::,.:'.�„3<< . .; yQ�, - `o� Meeting pate• :..: . . . .. .,t: . � . =� . . . . �TEiI;�,,� ,,,o..� � ,;: � .;;�; .� ' (•.2`t� -'�:i4�ffM.�\"`�t�i�;1�f"� :�Si• � , ��. r . , ` • r,. . ± • Y S% . F. , „ �, ''�Y��.x�i.�td'aS%��'i!a�t.� . i; ::i `,'y;<''..'"• }_ . . � � SUBJECT: , r'y • � 1ry;';' ��'� s�}°� ��s'�, ^7'� � ; , �: �,r . . ��.� �.:. Preliminary Site Plan for Union Stree� Unit�d M�thodist Church, ].a •t4:." �:�;:'`:�',�i'"''"���s�` ,iK�f�� -5,'.� j; '+ e��' , . . • aa�ed on the :;.;�, �"; ti. .r �,J^r�A v.`;,. �'�� ;I `'� '� � , �-i , ��r�.: u.,' 1: 1 �=� r ' ' � �� � . .-;t:•r' �°'' r .,1: i , �!j � S a ,. :�F; '�,: sou�h side of Union St. , appraxima�ely 2020 f�et wes� of K�ene Rd. , at 1625 ;; ..:,F•v;�::r.,.,,�;�.sx��;��������. .� ':,_ ° �;� `" � ilnian S�re��; Union Stireeti UniCed Methoda.st Chu�ch, awne�. (PSP 91-07j ��'' '� " �;,��;.;,�'.-;;1.��,�'���. '� ., .,. , -.. `��r ., .. �Y,. z -�`.:j•r1'.)��`. !s�• �� � r �°�:.��';,��5.�,y.r,�,y,,`-,�'���s�f�F.,,�„�j`�a .;I �s7' �'i; . '� . � . r:�.'�. .q:..:..i; �s..fi �.;fi��;;LYA�rt. . 's�.�i",�'�'-:;�.i�:�;'�- ,'., °4� : RECOMM�NbATION: ;.�'�'.�3=� i;:::.;�"i:>;:r � ,�s�� ,,."� .IG`'�`,� ..� , ',�',.:k:,�.��.r�'n.F��^�{.a �,f��,� 'I t. ! S o f, f•,:'.. ... � ' ti.,�/. Ii .. �:i; . ", i; . i . ••,r :a, .� .,. •.. Y�:� 1 :�>��;.;.;.��..�: �� � City Commission recea.v� �he pareli.m.inaxy s,ite plan �ox Un.ion S��eet Clni�ed , -- ..:r..�..'�'a,�' °.��,�s� � ,I ,�° ; .. i;q..,:,, A � t";'Fy «4r�7,. �t I'' 'I "f , '.` '�,,.; -� . M�thodis� Church and authora.ze the Devel.opment Revi,ew Commi.ttee �o approve �he � � � +�`;'rr���. ,{`� :� .. , . ° � ' l4J � ' �:t��, �� �'ti�• � Y�i'17 y + -* ���� s�; ���{ � final si�e plan sub jec� �o �h� conditions listed �n paq� 2. ;a�fs�i °`�3':�� �'������Y�- ' �{: ; : , ` : � �,��; ;'�� ",� f ,: r , . �,�: � �:,-.. . `' ' �r,,�, u,.��,;;�'��. i�:,,�,�� � �°�� . ;!`�° '�i , �:''�"' ^ '�'s' ° .iu'ii: :4n.�'`! ii�y yy- +,' !. .t3: ` ✓���-� ' �;t� ' �I ,'�' •` -�.,�,i`t;:,�'-.?�&?'ia,jlr�r��;� r �;. :l:i',1;e:�,_;: ��' , b a t o c te same. ';�,:`'{Y�:�>:'�� �: ���Z,s�"�r.�` ,', ��. ,�°�i,. ,�s:, �� [ ] And that the appropzi.ate offa.c�.a].s e n h xa.z�d, to e�e u ��==:�';t�•�����,�`.�,g�.q�'��. ��:�� � � � : �'�'. : '� ....-w:�ti'� �.`;y �r`' .�, i 'y '�� �'• },�^, r� r F_ ��, � ,5i:+r r$ "�'' i :t;„' '�,' .. ..�#.' ,. ,. SA.CKGRQi1Nb: ''.tM,.tk;•�`���,> >�s� a�` <��� '�: ,*: `;{�� .'•1: � h,', S' �y� r y 1��t,, , � . ';'.�,, ti�Y"y�, y' f � s � J� �� �+•, "> ' �' i� ���' 'i:��I,�; ��s� :','rf �:: .; �.`� Th� Union 5treet Una.ted Methadist Chua�ch S.s :�equest�.ng prel.imina�y site p1.an ;'�;i��,���;�y��;;�i�,+�'f��".'���'�;; ; �'�. '�'�.,+'.* ''`-":s!°:"'.��.',.,•". 'j...t. ���,..�k 'f� Y;�r� . � �.°;+. :;.it.:. ;:.,,;��� ����> ;,.�;> � review far the addition of a 2 � 900 square foot building �o be used £ox .fca :�,���,�r,�Y.��,�,�r�1� .,�� �`�� "�'.� '`� r adminis�ra�ive offices on �he 4.88 acre si.te loca�ed a� 1625 Union Street. '�'��3�E:?'.��k,'�'�'��'�'°�-;'����,��,�: � �� "�1?' �.'�' ci. '' ��, �il , '7t,.� Ac ,A�� '',�,-.'l ' , �; • '" :.�'., •; ' �i(tt . f X��� f} � t��. � ,,, �^I+' 2 i: ` .: ;4 •. r' s;r�;�s: �!:9;t:�t,t:�,� , �'ti.F�r. � t • •,� `•��� : .. _ ` ,, . � �: 2 ,Y.�E� �i;r1r(��`��''�t� ��� '�� �r;?,,;� ;,r ,� `��' �. A new on-siti� r�t�ntion pand is proposed for the addi�ional runoff created by �''�� `'r `�,:,.� �: 1' i •t�., ,�. �� ' : ' .:��''`, ''F'i�i tkr, ^�iu�;. -r ;�.,.�;� ;.': ' ?�-'r.':.,��•'�. i. the new bui.l.d9.ng . Y..�•��t,��►s��= ,� � r;. `` � f.;r . •:t'�.�:• .. `L �:4^''+� � r� �E°-'..f�y 7°I ° ���,' . �f ':.� � {�'�,.J: . ';i � i'.p . �•t ti��7Y��Y�}l,ry"[�3 'V�L���� "F 1 `ll� ' . ' � ''�!L`��`; �;.{ n� {rk�', ' �r ^' �. •^' • ' f �', t i e��� , .Y r -`.�. , �:��,r-�t''::�,. .,,; �� ;� The praperty has 465 f��t af frontage on Union Stir��t and is current�.y accessed �''�.��ti.`;�?,,:;� ���z_-r�,,!�� •si�.�; .�, +�f:i� ,r .;t,���, ,t". �.; � �r;�� � :).;.i tdt � �� �,_� �y� {.'� b three existin dzi.ves . No new drives axe ro osed ta ths sa.te . Parkin tor � .Y,',, �'�{;,J;��,°�i;,.�:� +: �''�• ;;S'; :'ti�;., `.,.: '`.�•,-.� Y � P P g ,'; :, , �;�,�,;,_ ��,4,. ,�,z.�<:;.,, 7.. �; , � :t as •. :��. .� �,:,_:.;: �' -�'�'� �;��r,;; �he site is provided by a camba.nation of paved and grass paxkzng, howeve�, the �•.�;�:���:';.S••��tr�.r";�,,',,yur�,�'��'s. „ .' �e:; =�';s�. ,'., ;.• ; -• s , �;� ��' ��c, site pl,an does no� c].earJ.y deiin�a�e these areas and the exact numbez o� l. t;�;�i;?�������r'�t.;.;�.°�° ° p Y=.G': :�,;'-ri3,�;^.i 'i:°r ". . i�.. ,� �''i .��"r�'i''^s..�F;��°: � %< � :;.,.as;• "�'. •">'';�_'�,� �� '' �'���_''�'��L`'•1` �X.,:gk� . • i5 %' ��'�,�' w�r:i:t«'�iRi�"i��ii';'. � Spc'�CGS . � •'.:' +`i`. .">eq�Yt�:"lu.�iti:y�`.ir�'�� �r��"1'r : ( ^. �; k r. V'�� jSjf;j'���;=`'�i`;��� �!"��5, ;` 'f�'�'���r�J�^'�r'���.1;'.R'� �t�� r;f:�;� :�� 4=,.;���.�� "xz,`: 4",� The site a.s neariy 5 acres wi.�h numerous ].arge �zees and i.s we].1 wi�hin the C =4,;�4_s'�;:`Y:;:[,t„r �,.�����f�'':,� � " : ., � f. �-�,: .�'-;� �� 1, .�,...i.Y(;x'Si^I :i'z ` L.� .:i.�r ��°:: �';:.r �Y"j� ti. � ��'Y��,�,•�:,c�, :,-�• ,:,..; '��; o en s ac� 25�) and maximum bui�.da.ng coverage (45$) arequa.xements. x�;; �'�,� t#�' ,.,.:: � ^H, ,��r ; S ` P P i 1.� : 3;::.•;;4r. i.,;� €-�.,. �, :;�'��•� � G r: ' � i� i'�:�'C���� �'. -'. � ' ' fi;.P�:i.. ..� :i��` ;�i.;,1;.1 1. � � ,.;�;. , ' i..}� �;`{'.': _�.� � 1�'i'•" , . r�- �' ��1: ... .,.""?F�s =f?;�;. , ! ';:�''t;#,,:;;��;�;t,�,;r''<:�.; :�'n' The minimum buildi.ng s�paration requirement daes no� appear to canfoz:m to �he .�,;�''.��:=���;�,�;'::�`;�`=`r,:��:_;J`;s'''' r�.' �T. :� ' 1..�.�' '6 ., i �ro�4'i i;.uv � : .-��•;.?�:��i�j;r.<<f;,t;.;,,i�� �. cuzrent zegu3.ati.ons of �h� Public/5emi-Public District Th� si�e plan should +'zJf�:�-��`�':a���s�.�=-.:�'�.�:�;�°" ' � be tnodified to show'the heigh� of a11 the adjacent s�ruc�uxes and the proposed st�uc�u�e. T� �he proposed structure does not mee� the minimum bui�ding separatxon, the plan should be �evised acco�dingly or a variance reques� must be made by �he applican�. A preliminazy concurrency re�criew indica�es �he proposal wi1.1. no� exc�ed �he 140 add,itional trips per day (deminimus). No t�affic impac� study wili he necessazy, • Rn�lewed by: �egai NA Budget . NA Purchasfn9-�- - Risk Mgml. NA QIS NA ACM Other Subml d b • Clty gor , Originatin�} Rept.• Costs: rIA _ Commission Actlon: Plannin & 8��r�.Q Tota� � pprovad ❑ Approved wlcondltions User Dcpt.: ❑ I]enied Current FY L7 Contlnued io: Advertieed: i]ate: Paper: �il No1 raquirad Allected parifea ❑ hoUfled L� Not roquired FuAdf�g Source; C1 Cept. Imp, ❑ Operaling ❑ Qlher Approprlation Code; Altaahmente: AppZicaCian Ara���in� Map ❑ IVane � ;:t,.;:�:.� ;;�::, ,� ;,.�. _ti� � : .:;;`t',;�;. :.1�, - ;'s:' :ft;:`;z ,, . '�, .1:-� - �x��:' ��: �•ei�''Y �i'�1.rTi1 ;`;�`��'# �' ,�,. . � � , .� �� ��; � �. ,,,, r, � . � 1 �i E. . �,t �� i`.. _ �F;. � � � \ � � � � � � .' %r , �q �1:(„� �ii4�:. � „ :y: �,�5 . ('.�r:r i [ � i` %s��'.,`a��II,t ;°' �� `i :�-�'; 'Ji. 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C s _ _� . .:ti 1'�r. .... ;�''l��t,':4,5 ��1�7 � ' ... � . ���.,r:'+!�x'r��',,:>�iv�' c{ , C�C• �'3.�f �� �;4,:,��,:;�r:;��''t� ,�� PSP 91-07 ,,,i � �_ __�:. . ;:'; `..,'' , Pag� 2 ::�<:_ ; : �'i,�:•.� ��=k,: �::°�'��. _ .. , �•:�'��'F k �al�y;5 t„•�.�>>iy ;-, i '�'��='°��'ln�`� �` `'��" "' �� LE[#AL jADDREBSJLOCAT�ON/EiIZE; M&B 12.03, Z2. 04 in the NW aorner of the NE 1/� ?';kwy.•p}fi,��i .i'. ' , :i �,r,�:t'!��?.�`� s;'.";:;�'�S,`� � . af seation 2-29S-15E, Pinel�.as CountyJ1625 �:n,':,:,:�',q�, ,.i°i�-:.� . ,'r,`'. °•�,:;�1�^�":r:;..:_.',`����-- Union Street/locatied an �he south �s�.de af Un�.an iri46t'i7l. ,,1 ;,,<;:..,:`�: . � S�. , approximately 2o2U �ee� west af Keene i4°Cl':r.r7�i: ;�1..�>I.' if� � � ��:,�,;.^.y;�s. •,,,•, `�>` Rd 4. 88 aare�s m. o. Z. `;����`��'P�y r �;�° �`�-u�:".��"�`� ^ tvf .+,<ii:��� x;��.<;xwn�,�;�ti����s-E-`,�;3��, oiiN�R/ApPLiC,ANT {$veZNE88)/REPRE�F.NTATiVE: Vincent Malkinski.%u»�an 5tr�et �'•�i*��r ":'::� �.S'';'=ir�r�.`;�E,.�, - United Methadist Church/Raed :� ,;��,A; Thursby (Eng�neer), John 8teaie :;•:<„- (President o� CangregatiQn) 9j;��� �' y'��T REQV�ST; Preliminary Site Plan Receip� and Refarral .s- ;:, � ,� CdD� SECTT�NB: Sec�ion �.37.OlOc(1) 1 rZ,x�� sir�;.ti 1,!{C�1 ?i �;��'. '`f� '1 �� j�"r`: � '':t�S;t( y�ri� �'t'��:;:s `��,�,fr: -� i ii�r%z.;,�•�;�.�t_� ���,f.'7 ,W�.��rti�}3 •;f� ��tic��;��u,.:.r� ZONiNi�/LAND IIHE PLAN DEBIQNATYON: Pub1�,c 5emi�Puhlic p 5P ,;��' �� ;��:� ��y,��...,�., �� �: I ( l ) �T ,};�,..�y±°�?•;�•�•��:fLitii� �t�,.�t]lr t... . �. � �"�� � 2��p�'�l `��:' i C;Yli�,� �r � �'�d •:;�? 7{ x4i'r7�'S'� s�' �. s�:;�: ? g�oIIND�Na LAND IIB�B: (Please refer t� attaahed ma fa o �;;�i5-��:.�Y�},,��;,,:�;L w:��,p.;�...t,a,d.;.. p r x ning/LLtP +;:�;;xF ry���;;;;,;,:��'a;.,,,;:<:��.;;`��`,;h designation af surrounding proper�ies) NDRxH: Singl.e Fama.ly Resident�.a]. SOiJTH: Sa.ngle Famil.y ReeidentiaZ EA��: Single Fami].y Residential WEST: Brata.sh Academy CONDxTYONB: 1. Tha sit� plan shal� be r�vised to clea�].y de�ineate the exis��.ng parking, bu�lc�ing he�.ghts and building sepa�ation distance prior �.o DRC review. The applicari� sha11 abtain approval of any re�.ated vaariances pr�or to site plan raview by DRC. 2. signs and fenc�.ngJwalls are subject to separate review and permitting prace ,ses. ,� - -�� , � � j.f.�E't:2. -. i �JlSk� S 4��. ���.�,t��`�sti+� ,�,,�,,:? �i.:r..�� � i�t�%.°+rr� ei F: '�� _t ��-.�:•' �.+�:( ; �;�t°, .��yw� � � � � � � �h t�k� � . , �. � ��J�� t�.�•Y �R . . ���+��l1 ,V �: i`k� 1 .�� �� � � �, k�:,�' ,�, .t .; . � :.� t.���� t�� ' , ��: ti � �� � . ,� � ti.izls,,yY..a°Y!�f , YW`i,1'Wk�, � - " �,:•„-...�,..t.:. �., � i..�..,� ;,hr,,�," :., -� ,`- �?'i nr . i° . ' ;:.- ' ..r.- . ., �i.'' � , . ��J,�r;�'�..r�{�R'Sa'T�'"tlt"eh .r�''.�4y.y .. , ,.,i. , , .�. , f.., , ; , .. _ . , . . - . , . ' ' . • ' . . ' 's �t. , .. ,.'i ' `t' '.yti. �"�x. � .� �'�� 1,�, ' �e. • � t� .��. i Y , . . 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Cety Hvl Annex� 10 South Misoowi Aveaue �'�',b .!;" �,4y ��. � �.�: .tiy�,,.;.,t.��:.,,,s� ;; , � � RO. Box 4748 •,:•��;r�:•;.��_ �i�,x��;?= .rs` . Nn ;�y� � '; " :r :'r:.:: �.s��,. '.;; . ' " • Clearwater, Floric4 34616�74B ,.'�s� ;�, ;:�< 4�;`��,����,' ���:' � a !: d,�"�;.. ..e;= ''i(,.`E' � . J "',t' .i�:`i�"Ss•� s�'•i.. t�[ �� ��°! . .� . �' . . ' . �4�i�,'�,�w�ifi�i.�i}i't�j��:� ;'� :r.�r;� �,,�i API'LICAT�Q�,�;OR 5lTE i�I,AN REYTEW . �: '�:j�„a,', :'�'ir.: 1 ;°•��.'�)'* u..y��;•, ' . � `;:.' . , � � Un ion Me��od� s t C�u rch 3 442-9300 , : � ,: ' �'�,� ' '' � �;�. ��' � �4 Applicant (ownec of record); ���„� Phone (Arca Cado); [ g� 1- ,_, � ' .4 ; �; ' 'I • �`� ,�,� `¢ •', ' . . pddreaa� 16Z5 Union 5t, ty; Ciearwater 5�t Fla . 34b15 , � . ��, � "'�,;' :�'�`` . � . � Cf a• Zip. . ,`�, . ,:�: .:� �i ; .. ' . ' , ; ',�f , .�:, ;,,.,:- . . 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' �ti�: ;i"';:,'.i,=.�.;..��••t1: �:' ��.I' iy' • �.��.-�.�.jLYYTt��..��1 .' . .!,-T�•,`, ' ' ,i- ..: :,`��.,.:,j:{c;?�•.;�r,: ::�°�':: :�; :'':�i V`: 41 �`� �� 4t:?.�;5�'y.�'y�7�iL'' +F�' •".�`�'� . p.,; . � � { �N�:i�.�. '='i �.� �.�.: .i •'.3:�y'e�SY�3';4�1;i... �:.��F }o., . . , .I i;� ?7vR�i° �lii�'i !�a'`i�✓z. y= .� �!f '4", ;,;'' „ "`� ' i •. � �'l,., �,ij�Y+��y�f�l=�4`•f{' �Y,✓�v?..�; F� r �; �. ;�r l 'j5 '�'=�y .+M j� �! K�. . . I. f . � � A ',F�i �F 1'.�+cy�� iF. .,���P" ytq ��'� � e„}��"�..� , t�'.�:_,, . � .ti.,��3z �:�a•w�; � 5�- t;:'..,, ;�: r j.�� ��� ��,�s ' �;4s�� �d !{����e��.!��"y�.a jl.l� `�'' ;yi,• f:S �,.���%"0,��,[i.�k ;'{f ti.A.;{i, ,' �(. k4�� ,...,' ,i' iI ,t;!' , ,r;z,�- .'v;:.. . rw3a. �T.a-r. 5-l�i•s•'.,._... ,1.'i `�.'� a Gener+� locution of xrranertv: �1�ion St. east of Nighiand Ave. Zoning: �/$P Land Usc Pl�n Exisling use af pmperty: Church as sembly R SC�1DQ1 Proposed use of property: Church assembly 8� school If vsrianCe end/ar cnnditional uses are iavolvcd, azplaiz� (if more space is reguired attsch separate shcet): 1'! . A. City Ordindnce No. 3128-83 and No. 3I29-83 require a p$r1:s and recreation impact fce to ba paid for all nonresidcutial prnjerts 1 scre in siu und stI residentiul developmeufs. To yotsr knnwjedg�, has this property complied witl: Ordin�acc Na. 3128-83 and 3129-83? Tf yrs, ezplain haw and whnn: NOT�: For further tictails regarding this fce, plcasc cnatact I�ar1:s & Recreation Department at �G2-6531. Assesscd just �aluo of property {attach verificationj: ! � Oo00� Most rccent sules price {attach verification): L Fec for Site Plan Roview; I. $ASC charge for es�ch site pian .......................S75D.U0; p1us (a) �or c.ar.h acrn or fcaction thereof .................50.40 2. Revnlidution of a ccrtifieri site p1nn ...................50.W . •' ��-'r,"'ri s:�e;:x°.a:��.��'tw4:_ � !i : , • i • rry..�.N v, ;j.•� ,�,� �,;'��•r:,�:,i3�::� r,�;?;ic}„•' :�'`iA :h.ya�.�...`i.aFri.y� p'r.(. � .�eii.Zfe' a=L � j���)�. +���l�i�i �Lf } J ; a,h' _j,°..�.�F".w.7;��rr�i��.� ��!'.��;ti ":S . � � � 9 ;.� 3. 5ite pinn amen3mcnt .....................................50.(}4 {F The upplic.nnt, by fiii� tt�is ApplicuEian Agr� that helshe will compiy with Section 137.U1d i PIn pt the City's Land ;� ,: Deveiopment Codc. . 5igntiture`• � ��1�1���j�L� ..._,_.,_ ,_ ,_... � (Q+�n.er oC Ytecard} � V��Ne��rr /�1R ik�:��r,' •:��� 'If ihe �pplicntion i5 sigaed �y an individunl othcr thnn khc pr�perty awner (e.�. thc repr�scntntive), p1euse ultnc� a statement ', si�e� hy the prnperty awner �uti�ari�r►g this sndivid�w! to sign the app2ictttion. `.� NOTE5: 1. 1'H� STTE PLANS MUST BE DRAWN WITH THE RR W � OF THE PAGE. 2. 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'",�: t , ,1'�T �. �,C�* �'9� M�i.�1 .,�' ,Y�'I' . ,'`';' ''t Pi� ,f;"f�.,.;, .y, ox l�ta",`,i.,�F�� . ..t�": r';a,�.Y•ir. ��r. •�tt'• r., ,�y,''t7' , . . . . . � , . .. • 1;.' S•" �ti'�,� � :X'r°•�'�_ '.r��� , •,j� .,i r' ��;;t ,;��r: '�';�n:r: � . , . �4.=:{ n s.). ��%���`"G;' .,v .:SM..�:j..;idJ.'�i.�t ij• , r � . , . , . � , 'j �3• :�7:... i�:/. .;� f5y�_{�, ��•,;�" '4 •r::, ^":i , . .. . � ;�g'� .. �c' . JL�'V::�.iS� t�s�j;l%fdq1L:�.ti•A��r.E�iQ�pi' .� ° `?'.,�a.riL�+i.�....-� .r,..-..�.«.w.wa..c�tler,:ri..•_a.�.-.�.....�..� m. �.. ..., .,�._�..i•. .... ... ....� ,.� ,..-.-.�.....�..�...�..�i.wc�a,*r+iNn.:+.-�4'i . ' '.:"'1�''�� .. ` . .� : � S.a .1 -:� '�y�l• �d,i:a , f �. �.� . 3_`'- • i( , : �.�t.Lq..�� „� d33,id �� ` ffr`' �rh[.+t S'. I,' ,a . If :�' �t�`^'S.�}tl l�i{LS Fr�y. �y ���`t� 1f ' tr [•r �t; � €�'r � « . ,:. _ r : t�?�',] � +�.�Y^ `�� ;�7�r�"':�t;� 'Y � . - t• �. �y8'`';;.��.':r�;yj'..A�J� •. . •:f ��� ,;;,�x�ar�;�'��'.�;.°"a� "' • - I.ANp DEY�LOPA�N'I' CODE � � , . `t^'{,;��;.�'�'��^.i�'S��,,�.;1 �;-,,':-' . i' ��$ � , �, , E , � Soction ]37.q10 Si�c P1Rn� 'Sfi..3. , �� t . , ,i`���i�}�4k1;r�'-1:i.�.' �:��:!�i7V�Y` . . ' fi �.i�l'�'a6 ��,,w:��'�.�: �; r� ,..;; �;���,.-.. ���;�•, .; �: •,. �-. .,; �:., �• � {j) Cantent. Pro�iminary �nd finil rite pluis sh�ll be dr�wn to � minirnum scalo of onc inch equnln oae beuidrod `� �,.°: �'''�.',•: -: ��•� `. ,�.. ��" �SOD� fECi OI1 � QVCilI� ihDCi 817C ri0� f0 CxCtlO�� hVCOt}'dnur (24) b; t5irty-cix (36) inchea. Vl'�ea mare thRn oao �... ... t:.. '� :�:��,.?:°I�:�;:''�:�`-.:,,t: �,. � , , , , ' . . . t nc�ct* is roquircd, � �narx 9� of,�r ��,G �;� �;r� � �:���a�a �,o,�.�� �n� �c�� n��t.�;�, �a���a�a �h� i ' 1 0 ..,,t•. "S1f..,: ' ' .�'. ; . � � , � ;.!��'. �,'=1�� S•� �'l� .. • .. 1� .� � aumborr xe�fcrtrkaorS t4sarayn. 'i'!�a follnwin� iufnrnutian i� irc�uired oa ar �,� a�, acccpt�b3e faim ra rs In �ccom}�.any ,,�� ��., , : -,' }�. , � t�io �rciiminASy an3 finN! site plr,na teax+xtive4y: , � : `SI�� ,��, i , ; : ��,� � .. � , , I 1. �'re[imizu�ry si�e pian. (12 �pie,�} ,.��' ,`: ,�.,. • � . '; � . • ` � . } a. �iln P1an Nama. '��'` !'+, `+� �' ��, �, • b. The prapeRy owncr'� aamc� uldnas and tclephane nambe�; �d t5c dasi�n�tcci ra'oct � 1ir�at ar ..��.�. � P� PA ''�' �' � ' s�e rcacuta0ive �d �uthorix�tioa for such re resaa�xiioa if aWcr thus tha ta rt awaor. � � , � �� , �(�`' � .: . • , P P P P� Y • "�'+: ".. "'��; . c. 7'}►a architect, lnadac�pc trcb,iloci ar engineer'r n�met �ddr�css nnd teiepi�ane number. .� : �'� ' F .' , �� • i , ,,. . • d. Narth arrow, scalc and dale prcp�rrd� `. � • ; � e. Leral desctiptioa. , �';, .. .:1 . „ ' � ' F. Locaii0n map. m ,:r,�1' :�� .� , . . r, Zoainr cii�trici aasigned to thc property whieh is the subjoct oF the site plaa nnd to thc pmpertia .', ' -�. ' . ' ' . , cantigvoua theroto. ' � t , ; �� ,; ; � '. ` ; :' J{� � , � � � h. Idtntification of waterr.ourses, wclivad, trce mussas r+nd spccimcu trecs, includinr descriptioa tusd ` �:.y; � -.: : •�. ' , ��. " � . , . { lac�t'san of uudzrstary, Sround r.avcr vegat�tion siad wildlifc habitnts or otHer environaneatatly uaique �' , j'' • . � , . , ' � RiAA.S. �'';;. ;; ; ° <<'',� ` `' . '� , � . �, : � : Gross and net sice nrca �xprr.sscd in squarc irct smd acres. � �a��' .:t•i ,�i� :f�"l:.s, �; - :�. . � s•t� '�:,'.4�'y . ' F - j. Number of units pro�sad, if any, end resulting nnt density. �:�� ?, � �; � ;: � , � ` � ` .;.� i '. � � , ; . k. Floor nrea devoted to each catcgnry af use �nd flaar area ratin. ��•.,: ; . , . , . ; �.. . f=�• '":,. ., �'�' °� '' t , ' I. Dc��ncation ia mapped form and computatian ai the area of ths site dsvntci3 w building covCrage, �� 'S,s��;', :�`• '��; ,�'!' .,` ,. � oPen SPue for thc lot, and open space for thn fr�ntyard, ezpressed iu squase %et aud as a perc�tnge " I -��' ta„�, � ;' 4 �' �r _�s�'F �4•'+ • � � • ,+,, y e' � `,,'., . . Of lt1G OVCiR]I S1iC �0(' LtIC ftOrit j�[tY[I, ii applicable). �� ;`„s ����,�F=;; �'�-'r.:' f: ;' : `� ;�''-, , - m. Number of parking spaces required {stated in relationahip to the a licable fac7muis And m ,c..:�:::r4 . .5;,, .:., :'�':�. :,:.:'. ..�� PP 3 P A� ,:h,'��_�: �,��r ='=. ^'' r���4:.: . {including hnndicappcd spaces rr.�uired by code). ''"� `.�`�,;:`�:: �� y�`.'';. ;� - �.; •` e'•�� , n. Genot�l location of all d vewa s . :• ;.. . ri y � parl:itsg srcas sad curb cuts. '� -a��'.`5y`',�+� Yr�'� '`' ` - �• " O. 3..ocatian of a}1 public aud private easements and strects with'za and adjaceal to ihe sita. : ��>:. .�; k: �r:��:_ ��.3-Y�" . :t 4 . '' i � �'`� � � ', .:�;i; : y�:".;.: '' T#sz 1nr.�tion siu and ci h o s .`;.,,.'y:. r'�:'�;'-,`r a�'{="�:�� :.<� ;`3"zsj;..��' � P� � b g t f ll cxistiag and prapasr.d huiidings snd stzuctures oa tha site. .. �j � . i.'�:. �. '. , s`.�'� �,;a:1� ,.,:,;.rre °�#1._ •,:.,`,�;r,�r,� �... - • q. T�z 1ocation of cxisting public utilities. i .'s.•l��'�J� �.E:.l��j'�'S';_1"_<<'� �;i. �t',ili� � I. �OiAj l'.YCC1V ,; :,;: ;'.;�'� ,,,,�,,>� ,k;..;: ^:;, r• ,. t P ehicnlar usc araa (inciuding bui nvt limittd to all pxvrd P�k'�S �P� a�d driveways)� • Lr.e�l}�:;.:�yii.�{�;;�15:� , p .. f�«Fi;'Y�'Y+�� 1����� �,N i' . Y,: a' , ,�'. C�;SC� � BL�::A�:L lL�it. tJ' :.. �. f il`. 11✓� '' •��� ��j, ::'.y 1'1/,'� A :'i;�, �;�, t;�.. �',,., .; t=i:�;°r . ,, i �. s. Dapictioa (�y shading as eross hat�hing) of rc.�uired parking �ot interior landscaM arcas. ,:.:. i�.9 y:`, . . ;� -5..•.�i';'��lt:� � i'- '.� •• , . ' ��Z":� . , ,:;. :s'� .= .,T.,�=•'.°`-'� � � Tot�e� land a�ra devotcd tn a o • . ;._=, .,+, ,�`.. ", . :f, . .. ;r ,.�.>;,�' l. rking 1 tiaterior iandsca m cz ressed cx d , �. � �' • . „ . , : : ;ti ;, _;; - � � . � „ . . P P S� P ia sq�:are f t an res a perccatese ,- ,p;.i�-.:: �r:,';.,`,; ,rv�; "':,�,'-,� :,, � ����; , �•,,; ' :..; � '.�, .'.; . ;; ,e?."��.�• `� �• �.:�.. of tUe paved vr.hicu]ar area. r ..1 , fr:. �•�'�,. 'r: ;.'. c'�titi;:i f. •��' : ��.� iFil .,f�t�`� �,;���� �1.! ��il��.�.b NI._ ,: .,;�. �r., `.;�,:., -: �.• .• u. Thc dcfinikion and lacation of all refu5e collectiQn facitities includsng scrr,�aing to bc providui. S, p,,� , �� � y:t��;'t; ��;: ,�.,s ,;; •4, � `� .w,•'ii . �• •,�i!_ .t.._ . 1 �'+,3 � ;� . ,'s`�}•.��kz��f; ;.t�:�f'•E'�i�!`�,,•�^.:,' ..::•..' ,`� ,,�ti r.• .� e • ri. �;.. ., ?i'�'-, � ; i.,�.i';=; ,;. .,-•;',,A',:"'�.�i�`L-'j=;=,'�-';.;�.c.,...t, , 2. Final sife plun (12 copi�.s, si�ned snd sealcd by enginserlarchitr.ct). All iafannatiofl included on or . y� : : s . f : ��,,,� >,.r�. ;:;:�.�ti �:�' ,`,'., �a': ?':•:';:� �, .�� F.,'ri :�; .r.iSY'�:;;,'�;,.q,,, ', :'} �,, ' s�bmitted sa as to accampany thc grclimiaary site pIaa, as it may have beea ad�ust,eci a.nd fin�►lirui, p1us • �::i'•�r;.t{�-,:.i � .t''r �,.ti5:..;.;�}r.ti,� ;,' �-� .:�- �]C �Olf ,�., � .f,o��::;r:.n;.;,:. y,�; ;:�.,_ r. �, awuag: :��"��,�s�a;<;�.;:3�.1�`�',::::r �`7:• ,��s�'it;.:�..� j,s`t • , �"`'(,�,'. ,,:"f.�:���.i'i'�.Si`V •.�_��..,=.�„�%r ��l'=i.:F: �;;�: �r�s!,;.,t+:��,�;'.��;'�,a.'�''. ;;;.�,�'::� :' :`,i� �'. �;� �, a. "i'hc surveyed locacion, diamet�r at breast heighi, arad general type of all existiug trees wsth a ciinmcur ht�:' ��IH��i:.�iT .�'�-u4.i{:Yw''a��:'.1���,'•y� �3,. ��=':,::r P;�� u;�',r,,'•`�,�`:' `;`•;�;�.s ;:7;s:'` ,<:.;.: �ibrrsst �night o f u () c � �Y� S P A4 ed un lhosc f o r 4 ius bcs nr more ideati in thosc trr.es ro sed to bc remov d > - - , �'�d:�s. ..:: ` �:�; --� - ��.. ..c�.,:� ,; „°:' to rt�main, t.;;�•..:i :..fr`^.' ,;i;'til'. .°�i-'+�;;.P,..•. . ���4` ,''';• �;� �'`; i�M`� `'`Y�`��:;'.`,"",, •f: i' `` ' b, Sufficient dimensians to cnablc a datermi.oatian that 1 �. r 1 ��/ i . : M "+� �r�i�, ,,,;;,,� �,.µ�i;u:,,;a�; .�;::w�,,;y;•�;,, .�',�.:°:.'' sI requircd laadstapc arras � pmvidtd. {DetaiIs r,3r �L:,�'.��;`-�';�, "':.�i,,:;'i :,."iy�i;;'.""�i:��j,;�'y`r�-�= regarding ehe locacion, siza snd species of p3ant materiuls shnI3 be provided on t�e Inndscape glan to �.r el.:af,�r.� i��iiA+`;�.�• i..�,:i,`i:, t�.".`�i:":'�'�i "�M1S. ��•;:{: :�,�'rii�; `,.'..���. `. `.-�; :`,:; ;,�,E.,;�`._: ",.N� . 1x avbmitted ai a latar date with sonstruction pkans). , . ''�� ,�`%; r����'��C;��°, .�;�',;:',y..r'�•",.:=.,::!°'.•'. , a. ProvisioQS for both oa- ar►d oCf-site stormwatsr dsaina e and cictentioa related W ibe graposed yt'�'.�'. i5.f,'�:i4h'r.SiKC:x . �F.,�t:. - -'-j�..�li�� : ... `' s 0 � '. � . -�.. . . .... . �� i . 1 � d. P. s• h. i, J� k. doVel Opment. Existing aad praposr� utilities, inciuding �iz�c and locat9an of al! watcs lines, fire hydrants, scwcr lines, lri&II�10�G5 ftI1d �ift &t8L1012S. Exiseing (in�iudi�g official records booi: and pa�o numbecs) and prapose$ ulilities r.asamants. Ezis*.ing onc-fooi contours or key spol nlcvatioas on lhc site, and such off-sice elevations us may bc specifccu1ty required anci nat otherwise avaiIable which sney sffcct thc drainage or retr,ntioa on tbe site. The praposed gcncral use and developmant of i,ntemal spaccs, includiag aIl recrcsuonul uad upcn spgcc areas, p�arns and major landscaged arca by functian, and ttie geanrat location and descriptia� ot $ii proposed outdoor fumiturt (such as seating, Zi�ehting and tciepbonts}, � T'he Iocatian of ai1 castf� or water rctain:�ng waTls, eatth berms, and public and pnvate sidewallts. Phase li�ts, if do�alopment is to b� aonsUvctcd in phRSCS. Dimeasiaas of lat lints, strcets, drivrs, buildittg li�esr �u�lding scthacks, buildin� hcight, structural ovc��engs aad 6uildiag separat'sons. Shadow cr�st inforuxati�a if tihe gropasrd #�nildin� is kigher thnn as�y immediately xdjaccnt buildin� or ii thc hci�eht of thc building is gr�atcr t#�ass the distAncc of the buildiag tfl aay lpt line. _ __...�..-.._ .... ... . .F.... . . . i ._ � '•f,sl $'. , .',r'� �,ryY�y���i`�', I ':. :, };, , ,t ��+�:,�. ?'>-,�; `; ����;, •�e�•),j' {� � � . 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' ... - . .. . . � . . .i . : _ . . - .K.V � �.1[S1M�r. Mr ,' � '' � ,+h , , � ,� � • . , �-. I' , q • �•...', :" r'� l ,e . -�. • , ,i - , ll -°` .;i,..,4•i:�:�.�.''�.;�i��� �, : ���N� e •.�'. r t �, . ;j 'i �.. , . .'- .r ' j. , � �SEAI �,f� � CLEARWATER CITY COMMISSlON ° �3: '"��"•'i=:='�%s'��,� ' ,a ,,�, , l .�,. <r j, � �, �� _ . , ;�.� �i� �. � : � � ` :t,„ �F• �4, �,r:d _E�{t�. . � !.. . . � � { . " ' � r � 1 ' 1 .� � � k��l��_, �� f� . , . . . .. . �, - � Agenda Cover Memorandum ��� r � u�m N �� �, ..:�.., . �._��..... �,,,y. � ` 'i • � � �Ah,`== ,�`o� Maeting bale• r..,,;; :.- -.: ::t�•�,::;r/„�re�•: �,,� .:,� � s:'?: ,`t ;," r ;,.., � , �1iE9�,.,,�' €' �,:":��.d:;,,�,•.t:.��`i.�. •'; : ,'� '• , r? . 1• : � : .° r � ,. ;is.. •� ±r �.�:{F. ;:�: � ",r , i ..�;�r. :... ����-!��sr.��'.M,1: !t�:::;r ' •�'�: - " ' SUB�TEC'.�.': � �' ,s r"i•;r;•'r�' ,2 �'`;' � " " ..���r`':t i': �i� :.f : . �.t.. �<3' , � .: '. .... ',,' i��'"(:�i� � •��, -� :'����' Pe�ition for Annexatian, Land Use P1an Amendmen� to Tndustr�.a]., and IL Zaning �.�;°:���°���;`�'.�:;;i��;�,� ��• �� � '.'f �" for a art ot Section 1 o To ns f'� �;.•' t�R:�� ' :, • '= �,•,. < Y.; � r � •.;;_ �:� ,.,•;to� ,. ` :�,;: .;�.`. ::,t. .. p r � w hip 29 South, Ra;�ge 15 East, 2. 40 Ac. , and �'-� �•�_ :i�=°_�-...•r. .�• � `�'i:`��:��1���:``� ��.� 1acated just south and eas� af the end of Ca�umet 5�reet; Owner, W�l�i.am .;��:.'_�'�' �:;;° ,�;�- } Johnsan. (A 9].-U9; LUP 91-10) ` `;�� �;�,?'-': !;`f'��Fr'�`�;'i`�'� �! � �� � RECOMMENDATION: �� .._ ,`f.' ��LJ:' ,y ': F �S'. � � :!. ;�s�`�::,:t�;'�.=:; .` `��� •, City Commission receive this request and re�er i.t t� the City Clerk to be ' ``+:" ���4.r '� '�' - . � , adv�rtised far Public Hearing. ''E °�' �� � �� [ ] And that �he r�Qpropria�e oEficial8 be suthorized to ex�aute same. �:. �'.r�,�;•` �',�'' ,'1 ;'�' % S?: � " �' ' t . '.�¢. ' .� 1 ' �r�. :';' , ��� >,`` '� ��"'� ��' BACK[3ROIIND: ;. . °:,,.:- .k-.�,:�:, 's:':''�:.��.•: �'. ���:� :-�.�• ,;; �:�° ��. �'���:� • mhe request is �oz a Land Use Plan amsndment from Unclassitied to Industrial :� �.+, ��:-��<.,`:�� ����''=;�°:w': :_,-�� . and zona,ng of IL {Limited Industr�al) dis��ict in conjuncta.on with ann�xatian. :�`,_�-`''�`�'�"'�:`�.���::.'�'•:.�:'��.': ;`� Preaently ther� are no structures on the paxce3.; hawever, part of the pazce]. , ,,r�,, ,. Fy M1 ;,;�_;';`.;`:,;`;;°��,,�. ,: is caver�d with old concre�e pavement and i� being used for park�.�g. The '.:�.; � �.�,�:: :- �:,•�:p�� � � pp P p�rking �'acila.ty for his ..;.,.,,,�,,., .,; �-. ,.�, 3.��;�; �.:,. a liaant intends to develo the site as a `�"� �'�'�'Y ��,r��-'�=��".�._� ''�� �� estabZishment Tnstrument Txansformer Inc. . Site lans for such wi�i be , „ _-; ;,, �,, ,_., � . �,.'.'..:�.: ' '. ( ? P ��,��`'�.->���.. �;�_��'�'=� ��� ���;-�; :�-';���` submitted and reva.ewed i.n accardanoe with the city's normal revi.ew pracedures. t . � ,���^' . �.f:a; :4r-''�t:';'� Y �R� �'�;'� ��� °��°s�'"�., °'�'' ��"� �� :`ry';'� ���� Th� parcel is presently classif ied as Heavy Industxa,a]. on the County � s Futuxe :.�k�,_��.,�:'�' ';�`.'yf•.s` :i ?'. ���� - '.��''•''��� . lan. It is proposed that �he paxcel. be c�assified as zndus�rial on . ��"4��:`i Land Use P �.=;: �= �:...�,:� . j '..�:':.:,. . _:- `�`}::�. - ,•{ ,,:;�F '.,� - �he City's Land Use Plan. '` ,i-.'-;3`�'i''' �{ :.; - 4<'_'"f ° .�iS'.;`.': '1�•.,y~.j^:c' : �:�, . '_' ,:;�'�}�'..`'�:<:.;�:.`.�;;`' ";'`; :;;:�_`�� IF review of the site p�an is completed subs�an�ially a e o "�• �' ' h ad i th� annexatian, '�:��Y� :��'` ���'�:'��s �;�%'`'° '��� ��"� the appl.icant expects ta request permission to proeeed with developmen� prkox � .'�'�,4'�: .i: ���... : •',�i' .ti� r''��.�;�'+= � ;�;";; :;°:' .�R �o finalization of th� annexatian. Tf thi.s occurs, it is praposed �o pex�mit -. �r�;:,::p �u:_;;,,�.,;s�:'"���`:`:'� cons�ruction an].y if a d�velopmen� agreement is execu�ed by the c�.ty and the ��°�'�,:"��?._.}�;,=;�,�;�.�;::, �:.: �';,.;��:�,���� • a licant. Th�s develo g q Y Y <�.:,�, ;.. ..; .,,.�:.,...._,, ,�,:;.;,.,_..��, •:r AP pment a reement wa.I]. include a re uirement b the ci.t :.�t.•.r, .,.t'�'C' �-`C.•' � s'-::�Y,�."�,;.�:�•,a:.;,;,.��;•,.,..-.,r,,.':`�`�,�� (and acknowledged by the applicantj that all developmen� wi�,l, meet or exceed ``�'����'�'``3'�"�`��'�'�'�"`;'�'�;��:�gx�`� City of Glearwate� deveiopment standards The a reement will also include a �: '_`.�.:�:.'..:..:�..�'r.xc�.�.. ��7 i�:.-r i'•s . � � 0 .�,1 �. '� :;f �j�,,:;'< .,'�'`'>s�,f, , .��� iz•'.'�C``.., , . g schedule for eftec�ing the annexation. Revlewed by: Orlglnsting Rep' tegal � p�,�/VTNG & DEVEu 6udget Purchesing _ USeI' i]epi.: Rlsk Mgml. � �iS � ACM ..,_ . ��, Adv8r1l3ed: Other �ale: Paper: �.i Nol requlrad Allected partles � NoHiled L� Nol requlred Submitte� � Cily Man '�'—� Costs: � TOI al Curronl FY Funding Saurce: U Capi. Imp. ❑ Operating I� Olher Apprapriallon Codo: Commisslon Actlon: '�Approved l� Approved wl�andlllons 1.�1 Danlad � Conlinuud to: Atlachments; Appl,ication Drawing ❑ Nane � � a ,�';':,;�:`'�i; :,,. :, S�S.i: �^s�l�x`!�+ �. .��r��t = �'�r�� .,���:��:r� 1��{,: ,rr. t�'� ,...:,�.: ''�l, . `•�.,�5 .�� ._.". . ���.:�. ����� � r' `r' ;1 i. F� � , f �� a �a��# ' ;�"��' � �'�-' � ��*�S� 4�'��I z �;;.w'', ��r'� r �£��� � ��i�° i � � �:.. � � ��''' � �,_ 5 x ir:� f, �����. .� � '-� �, � ���` , : .��;,;,rt : �,y�: S�Ii.t�l • . j:��; � ; N" �� � �: . �,i��f.. * `.�'y-,'. � �` s �4�"'�' � a��.'`' � �, �'� �.� ; � ��k` � �J� }� � �s� �F, ,. }r, w ��,5a,� �, � +#^� �,� �� �; �`;. y .� � kf ! � c � , j , �. �� >� . . . :.i . � ��..� ' '�i ; :� �' ` � ; '. �_ . ,.I:1�pF� ^ ,rCk P'� ` �,:�. , i '�. . . �!�'��;i'.�.T�� ... .'N��:..�..4 . :?-,�:ti;;..;;;;�'�"; ,r.. . t•„ . Y•�. _ wA�� , -���� -- _ �N�. , �ir'1`��.5�iir�iVy fr.;.1�•�.. ..:4''� 'l-'�7:�. .:�!C�•��{ii�l;���� 1��"+s4.`��' � ``�Fy ,, a` ; "r'�Q � ..� .. � 0 � , � ��� , i' � , � � S` � � , 7 � f, E i f. � � i ; � ; ' i t PROPOSED ANNEXATION � � LAfVD llSE pLAN AMENC��IIiENT and Z�NING ; . owk�R �04��1S0� W p a�i1-q �u�ql-lQ ;e ,'� APPLICAHT s . PROP�RrY O�SCHIPT1dN � . � i_ LRND USE PLAN ZONlNG M� 8 34 / 272 • �{ - FRQM V N CLASS lF1EU CpUNTY n/1-�, �� . •�• �.• 4o ACRES . � . ro �NUU STR1laL a�cy� c� wtiv .� _ . 1L ,. . ACRES PLAflHlHG end 20NfNG BOAqq CITY CDMI�AISSION -,,;: ;; :.�:.•-,: -�:;.. :`.s ' . &�CTlDN Q 1 TDWN5F11A ',�Cr 5 RANCiE �� E ATLAS PAGE Z.F] 2„ � ''.. '' ��.' S� r'`i;i' ' .:;, .:,�. B {3USiNESS ����_ P PARKiNG nY. . .. � . . __ . . �r.� «. . =�r.�.� S STORAGE' � '. �, .-:j�,':��' . r!..:.!no,..�r .__.__._ ._. . - , ........ , .. -?` :.�,,.''i,'::;'��', . 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City Comrni.saion C�.t jI O � {,"14af3�W���X �' .0 . S30?t �i74i3 rieArwmter, Flori�c�a Commissfoners: P�T�TIClN FOR ANNEXATIC�h1 u lde, �h� undersigned, being all. owners a� �he described real �raperty, conti�uaus to t��e present baundaries o� rhe City af CZearwatier, an8 ai,tusted �n an unincarporated are� o� Pinel�.as CounGy, Floxf.ciA, do hereby x�ques� Ch�t sr��.d property be ann�xed �.nto rtie corporr�te 1.imita o� Che City a� Clearwater, Flarida. We hereby �urther request tihat said properCy be zonec3 r�nd c7.assifi.�d under Che Zaning Ordinance of tne Cf.�y of Clearwater, as set �arCh pn the Eollowing page. . . Attached hereta is a current survey of �he describeci property, togeChex� w�th a cerCificate of ti�le fram a ti��e company or a licensed attnrney setting £arth the names of sil persons, firms or carporations bwning �ny interest in the.deacribeci property. The ut�derq3,gnea heve been �a��.�Qa of, understand and in consi.dera�ion o� annexa��.ont util.�ty servi.ces, and oCher good and va�.uab7,e cansi.deraC�on, do hereby agree and canvenan� as �oJ.}.awa: �. all con�iguous praperty un�3er the ownershi� a£ �he peti.�ioner(s) i.s �.ncluded in this petition for �ar�n�xation; 2. a�I aCxucCures and fmprov�ments which are exected upon sa#.a property subseque:�C to the da�e of this petiCion for annex- ation shall comply with a13, appl�.cahle GiCy of Clearwal•e� . reg�la�i.Ona and ordinances as set fozth in the City Cade o� �rdinances; • 3. ta convey such recr�etion Zar�d, recreati.on fac�liCies and open space 1and dec�icat�.on and/or �ees i.n Che amoun� ana manner pres�ribed by Ordi,nance Nos. 3128-$3 and 3129-83; and 4. when any subsrandard abuCting streeG oz uti.li.��es are subsequentl.y up�ra�ed by �he Ci.ty Co meeC C3.C; 5Candards, said improv�menC will be done nn an ass�ssu,�nt basis, consistent wiCh C�ty procedureg there£or. We, �he unders�gned hexeby cerCify �hat we have read and examined a11 a� �he s�atemen�s and al�.egations in the �oregoin� Pe�ition incYud�ng aC�achmen�s and after being duly swarn, depose an� say ChBC such sCa�emen�s aze corr�ct, cample�� and txus and volun�azily a�ade with full lcnowledge �hereof. � STATE 0�' FLORTDA ) COi3NTY �F PINELLAS ) . � Subscribed �nd swoxn ta before m�: �his �day a� .e..,�c r�9r� � bty Comm3.ss �.on �xnixes : i10iAf1Y pUfl��G, 9TATE QF FLORIDA. +o�+oao H��Y NOuia�v �ui�ta un�R AF�Iltl/��3• - . 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' . ,; �s�r ;' •��p �-�Y+i�.r.�.j.,.?; : �,,f,,;: ':r,:�, ;,, ��r;,�,,4 .,:. , C 1 T O F C L E A R WA T� R � i;�� �44 w�'���;��xt-:: �, � ;�".::� �,,,��, Y 'ti :i �,:.4::_�� .�_t:..:_•.,. � � , �:� �?y+C��`r_-r �{. 'i a t'�` � . ' +4' xY ..�I.�.�,.4�,+ e ' ' �AiC1'R�C�lgfialCl� f m�.�w„II�GIICO i.�.} �F�'�,"iSi�„9tae6���� ���p- 3�, ,� ..:,;•t . i,�:';:.';'' ,,';,��'i,.�`� 1 f ....�,. o�.ai �- '{ �� � 1, S :�f'S34�ta�1�,�i`t�'�s' �'.r`���`� �r, � . � � �� � �� I� �.�L�� � ���g ��F! �T,#li✓i•S , '��5 ' ;'` .�; "✓�o.�:'�•` i i �..�'x���F,�� �' ��°�� §ir��;'` ���°��`���:.;�E�;� �;��_; ,.,. • , Mayor and City Cammiasion � �� . �;r!��",i; g s ��� �,� � .,, 4, j� � - C,r � �.: � '�. •. .Ly'�� . ��:k, /-� i•, ;- + j` • � � �4 ;�';#.�^ •'.i� r'r.55. �' ` � �Ib[ L�k. �.��r,_ ys r .' .: i �t� r'� „�y..... . . ' p�f i � : • 3 i : y. :r"•�. .1•. i'1COM: James M. Polat J �i a �;�,;����V ��i'�.��t, t;;�`tr`: �`' �...��`�:, -'; :.'; ��:' h', �., Dircctor of Plunn' +' 1 i � rtt ;,��. �..��;�r�?t..>k�; :c°„�.-�:�;�;;� :;� �n�; anci Development� . � ,,� ��.-�� z;l; �f� �_;:�,;�,�;, .�a.. ,..• � eM � x ` ��.' �, "1�.3 �;�'�`r;�;f',sru::$q�;}' 4'.i•y it;::�;.;';T�r.•:� . SU$,IECT; Instrumcnt Transfoi7aers Annexsltion a • . �� �C.���;y; 'si�F_ �' :z:�. r,� s `� .��x �,i .� �°..,� ;3,V�'�, •. nti, }� :}:�;;;�;',�;r ". j; i ���:;;'.' �`�F� . ' , :;�;}�':.; �'� �° •%.. ,.�,;, ,.; COFIES: Micitacl Wri M� - ' - ,ry � �� �zL r; �,""±�x°•::�i'o,�?� %�•;�w'.` °'. '�. ght, City ager �;� �j�' y ..• �::� '�:� . � ti�1�i ���j. 't�9�, c= �:•` ,''�:. ` �r' L w �t "it�F• t. �t.. �t. S''ia, ��±�i v�. tiA- .Li. '6'.' . '� ��,. � t�, � ��p.':��';1� . ;�f ���r�: ,� r;:-,R,�,�.,�;��;�.; DATE: August 14 1991 �' � r, . 7 ;r� �i�� �. r , � . s�r (� „� ,, ? 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' " � • , 4 . ; .' • �-•' 'y �j�• '' . r:` �.f,'.�' n a Ey�t.i, 1 .��a't >s-�t�. ,t ..ri '�r: �,,�" ��E�$�„�;�.: � ��'�' .�;��i', l, •' ��,�I�i+�+.n�w�r..M�.rw+s+r».,�.1c,....�..a..•i4:._r.�..asr:.....«. ...�� ,....,. ...�,....'..a'..-.�.....+....�:P.��:�-._w .... ..... ...... .... � . � �... . . ,..... .. . ..��«:e�.si..,:.I.-r1,�.uN��«1�i, � • + � ,,,.. , :"��?; :`�;; ��,.R;:i';��� ,��c..•��.'�', y,t.: s!"'�'++a°;�� � '' '�, ',F'' '. .i}e:„r`y:i„'r+,'r'1tii_.'•'+}-r�-.'' , #���:�` '1.. ,� ,ww , -r'1'•i;'°•k.j�a`.�4i.�,i��s�YA%: i `:'.�`.�1�: ;,,_.�.'� ��5E1�t� �� CLEARWA'TER CITY C�MMlSSIDN ,��i.,;.i;�,���.�j� ��F4�*�����`���� s�=. �� r v{;' '�:' � � -� � � � .��:+::a4t�t�,�;k�ti4..«�i����r�;w:. ,� ,-__ � Agenda Co�ar Msmorandum � � IIBiYI R �pr ,t}�„ •t�!�� �;.� F� . �,. . �� , ��`:'trl�•'�.; � � �Wst `� .�y:. ;�S;M,.��,I��:;�� .," ' � y4�,' � �`�.�� Meeling Date� ,...:.�����,��'�iC uY�!E �TE�;,. �� �'%sE•��.' •i�.�;� 7y(� �;. �`�t,�.y ,�i:� ! • i)lnf�4i��•�,��`��_,( p;J''':/1 '•i�. �1'(i�1 e�i ..1 �4.(�„,4!1,}�,Zk.�jlj',�,7;,i�y�h'+��' •IS.••t„ i°iti�•t;•':• �•i `��Y' P�i����• �S'�ry'����� ��S'. y'" 1.,-�;� ,�i;::;: ,.s fi[JBJECT: ;l..��ry'��,;•r.:�- �,�;j„,t"' K�. r•, � ,: � ':..� , ., ._ ' � �� - a.r,. , a7�.,, . 4� ,, i "c:ei..i;;::° � r�:t,;:,�'W AmendmenG �o Seation 72. �5 of the City Code� Concerning the Sale or Service of p��k� ��:° �Y'f�����3� °� � fSr�i a.i.i�•'^�.• . r�'�A �'.�`Y.�}�I:�4�F���f'''�,� f� • .�,,.;:;,,. �.�� .e=f,�.�?,. ! hlcoholic Beverages. ��;sss���,�s���}��� i• �t ,7�r�'�:.��t�.i�i�� � � �,�;t.iyrt 'F: �3�� F-� :'�<<',i=�''-. R�COMM�NDATION: �:�i'�4�= `� �$�;:: f ,� : , i � s��X:�.��-�' � f: L Ca.�y Commission recei.ve �he proposed ord�.nance �ddressing the sale� service ar ;'�� �''�'��� ; F rA�:� ;��;,;�;;<,::."•. -`: r:.�. r, �=��}a'�'�`�-�Y:r.;<;'.:`,.�' consumption on pr�mises nf alcoholic beverages a�d ra�er it �o the City Cl�rk '���.������� �` ���� �{���`���';r��,;a�:;�::�.s,1 far advertising for publi.c hearir�g. ;��� r-.�.-�:�;. � `t�,_'`'''_�r.`yj�' ` -- l','���� _ .. � � .,�� : i ._ . :';' ` �•; �. []�nd that the appropriate officials be authorized to execute same. BACKGROIIND S " � ���� The City Police D�partm�nt has identified a practi,Ce cancerning �he servic� and consumption of alcoholic hevexages which, in effect, "gets around" city regulatians concsrninq alcoho�ic beverages. Some restaurants aomplete �he sale of alcaha].a.c bevexages by 2:Oa a.m., as required by City code, bu� continue to allow austomers to consume these beveraqes after �2:�0 a.m.. The p�ap�s�d ordinance would sim�ly itnpos� �he same conditigns for al.coholia beveraqe service and consum tzon as are currently impasec� for a�coha�.ic beverag� sa es. RevFowed by: Legal �udgo�� purchasing � Risk Mgmt,� p15 AGM 01her _ [� 5u Itla hy: � City Mena r � _M. . .. s . � �r .. � a Oripinating PI.JWV� I� C usar oopt.: Acivertla�d: pala: Paper: � Nat requlred Alfected pariies ❑ Nodfled � hol reguired Costs: � To1al C�rrenl FY Fundi�g Source: L� Cap1. Imp. � Oporaling � Oiher Appraprlallon Coda: � CQmmissfan Aciloa: .!?9-Approved ❑ Appraved wlconditions ❑ ponfed I� Go�ltnuad to: Aita�hm$nta; Dra�� Ord3.nance ' l=l Nane , . . .. --- � .. .. . � � � . r F� rt , � .� ; I �i� ,�, � ',s�� � . ,. �3 '471 I`�°' ��, [rt t`V �1 � F ,' � � � . .... ......f r,.+r `ec '.1s1.`.....sa.�.:.�':�f'�?�k•i�r#��,' y ' ( j. � ..�C'!�'�" ��;�[r• E�. 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AN 4AD�NAt�C� Of �HE CITY 0� CI.�A�WAT�R, FI.ORIaA, IR�LA'i`ING TO Al.CO#�d�.IC aEV�RAG� ESTABLTSH�iENi'S; Al��HOING S��3I01� 12. ]5, �ODE �F ORDI�lANCES, RELAi1NG 3'D CI.OSING N{�E1RS, 'f4 pRUfiIHI'i ALCaHOi.IC B�VERAGE ESTA��I54�MEKTS �RONf A�LQWIt�G AI.CflH4�.iC �EVERAG�S TA BE S�RV�n QFt C�HS4�MED 4N T�� PR�MI5�5 B�T�I�EN G�R�'AIN HDI�RS� Af�D TO � pROHIBIT ANY Q�R50f� �ROM COHSUMIN� A�.CAHOLIC �E1l�RAGE5 ON 1'H� PR�MIS�S OF aN ALC4NOLIC 6�V�RAG� �STASLIS?iMEN7 SETWE�N �ERTAIN HOURS; pROVIDING AN �FF�C�IV� �AT€. NOW, 71i�REFQRE, BE IT ORDAiNED �Y T�i� CI�'Y CQt�i1SSI0N OF �'!iE C1�'Y Of Cl.�ARWATER, FLORIDA: S� t an k. Subsectinn �a} of 5ection 72.15, Cade of flrdi�ances, is amended tQ T'Bdd: Sec. 72.�.�. Clfls4r�g �ours. (a) There are hereby estabZish�d t,ie follow�ng hours of ciosing €�r a]� alcoholie beverac�e es�ahiishments: (1) Alcohali� beverage establishmen�s ��+al� not sell ar allow tc� 6e served or consumed an the aremises, and n� �ersor� s�ai� cor�sum� on the �remises of anv such estabiishment� ar�y alc�halic beverage bet�reen the hnurs at 2:0� a.t�. and B:U� a.�n, on any day a� t�e week except Sunday. � (2) A]cflho�ic 6�verage establishmettts sha�1 nat 5�i1 or allow ia be served or cpnsumed or consume� on ti�e ure�����s, and no perso�. shal.l. cans��ne_gn_ the premises af anv such es�ablishment, any a7cah�7ic beverage between the hours of 2.fl0 a.�. and 1:0� p.m. nr� any 5unday, � . S�ct�on 2. This ordinance shali take effect immediately uporr adapt7on. PAS5EI1 ON FIR�T R�ADI�G PAS5�D {�N 5ECfllVD AND fi�HA�. � R�ADING At�D AUOFT£D R;ta arvey Mayor�Commzssioner At�BSt: Cynt ~a E. Gou �au City Cierk A�praved as ta forn� an� arrectness: �� . h1, . 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" s�`��9��' • f; ��'' Yi : . ..: � yi'; : • `� , ^t5',..�:E�L� i�A,l'.,:i.`Ee!�'r, ;'��iy' '1"�`l�', .y,��u;.%t�.�" tii ' .k' . � ,..�'r.;;•,�` `"I' .. �i:'�:� `'e. ,�. } �'-S���r".: a '� :'<''��i.. i:�'�'#::'�,.."fd. °'�'�" "-�4�?. �y � 'i�;��rr�rfi' la �'� u ;RF;i� � •�,r� , . � r ., •_" .C= '�" ;�,�_.,.s•;isa. N�i.:�.��:i= ":�:'�.i';�.:;: ,;� .i �1 r"�-;�: 'i; ,5 �'�: i:� 1;� �:.::'i�i�� t.�. ;;a.. 4 .� :�t.'.'. : •1": • r4i'� ,���j� , .:.,,-..,,,,��R:i��, � r '=:�';: �<r.. :: t3t'.r.�`.r°-;.:i':.t• s'��'_;}�'i: '-�'t,�-':'��;°:,�',�. �� .:��. ^, ,:.s,�i� i� f.' �x+��k .` I�4� �y f i,. . f;'+ 5,.. �V'r•.ri.�'� y� t`�����i + �iR��1ti}% . rl�•yri"�r�'yT�.�. . `�a ;`,.�ii..i4ir.}r{.�a:�'�: �v�!'25�.�;.��i�..'�`.. ���r.i:1Lt�-.���4t�f� �`�`�fi�,�+'I��+JL`ti.lY`;>>:�1�1,� . r �� �� CL-210 21i1l91 REW: jlr . FIRST AMENDMENT . . ' • pF ' . . , .��. EAS�ML�NTS "`� � � , : ���: • . • THIS FIRST AM�NDMENT � Made end entered into th.ie �Lth day o� April , 1g91, hy and between FLORIDA POWER CORPORATION, e Florida priv�te corparation, Party of the First Part� "GRANTUR" her�ein, and CITY OF CLEARWAT�R, FLORIDA, a Florida murt�cipa� corpomadon, Party of tha Sacond Part, "GRANTE�" herein; W I T N E S S E T H: WHEREAS, tay Easement Instrument dated 3anuary 2U, 196G, subsequentiy recorcied March 9, 198B, in O. R. Book 2343 at P�ge 615 as Clerk's Instrument No. 66 21266, and by Easemen�t instrument d�ted Decerriber 30, 1970, subsequently recorded J�nuary ?, �971 � in O. R. Book 3463 at Page 354 as Clerk's Instrument No. 71 001839 flf the Public Recnrds af Pfnellas �ounty, FIorida, GRANTOR did g�rant and convey unta GRANTEE the right � priviI�ge and easement to construct, reconatrua#, aperate and main#.�i;� GRANTEE's water supply weils equipped with subaurface pumps together with connecting unr3er�round water transmiss.on pipe mgins and appurtenances, wIthin certain Easement Areas more particularly described fn �.fores�id Easement Instrtzments Ido. 66 21266 and Na. 71 001839 and genex�-illy located in the outside edges of GRANT�R's fee-owned 250-foot (�h} wide electric transmissian right-ai-way corridor txaversing a northlsouth course through the E 11� ef Section 18 � Township 29 South, Range �.B East, Pinellas County, Fioride�; and WHEREAS, the GRANT�E now desires to make certain modfficstions to the arrangement of its existing water supply facilities and appurtenances to bring the pumps {and related connecting piping) above ground grade with�n fenced enclosures � and in adclitton to construct a groundwater monitaring well in proximf ty io each of the thz�ee ( 3) sxisting water supply wella � respectively (as naw required by the Southwest Florida Wat�r Mane�gement District), all within the existing Easer�ent Az�eas as desc�ibed in said Easement Instruments No. 66 21266 and No. 71 Q�].839; �nd WHEREAS, the GRANTdR is willing to allow GRANTEE to make the desired moclifications and additions to the water supply, facilitiee and appurtenances within the existing Easement Areas, and GRANTDR also Fvishes to use this opportunity for farmally ugdating certain provisions of said Ease�nent Instruments No . fi6 21286 and No . 7I 401839 to include necess�xy restrictions pertaining to GRANTOR's existing steel �nderground #hermally insulated hot fuel oil pipeline which was installed along and within GRANTOR's . 25D-foot (+) wide electric iransmission �czght-of-vvay enrridor subsequent to said �asement Instrun�ents . =��:�'� ;;e:'=, NOW, THEREFORE, KNOW ALL MEN BY THESE PRES�NTS, That the aF �`����'=�': GRANTOR and GRANTEE, for and in consideration of the mutual promises Fr � �i :�`-j �.' =�:°F� hereund�r, do covenant and agree tn amend, and dQ herehy amend, the safd �q�.,_�M1.. �,-��µf�r ;�. Easetnent Instruments No. BS 21286 and No. 71 001839 to the extent ;,.�; ,.,.., �, ;��3��1 necessaxy to allaw GitANTE� to moclify the arrangement of its existing water =�i{�r ,_;�..,,=g��. supp�y facflities arid appurtenances to bring the pumps (e.nd x�elated '�Y�;� �' g p p g) gr �de within fenced enc2osures and ;,�N:.,p.,f: cannectin i in abave ound Y��?;s��;i� � add.itionally to canstruct three (3) new monitoring wells all within the �5 m;"���` existing described Easement Areas loc:ate� in GRANT�R's fee-owned 250-faot '���,�;�� {±) �vide eleetric transmission ri�ht-af-way corridor traversing a northlsnuth i�r�'."`� caurs� through the E 1/4 of Sectian 18, Tocvr.ship 29 South, Range 16 East, ? r� � Pinsllas County, Fiorida, subject, howe�ver, to the following addxtional terins >�;±' . and canditions : � �_._�-.—.- ,--�� . � 1. That all excavations for GRANTEE's utilization shall be a minimum of twenty-iive feet (25') from the nearest edge of GRANTOR's electric power transmission structures or guying. 2. That any and a21 underground piping installed by GRANTEE within the Easement Areas shall have sufficient earth cover to prevent breakage due to the operation of GRANT�R's vehicles and heavy equi�ment within the right-of�way corridor: f � 1 , y'`: l �l( 'j1 s6{ ,'4.j� r��'yQ �2� ��'{�•�''yrj�� • �15� '• ��Li�fl��'" LS'(�S�`,�~�'�� � 4 r,` ', •�• ,�t. ���#'��;` } �'r�%r.;t�3i �.=`..}a�;Y�i•rt�( � ( �t� � -p `;i; }wh„` 1:'�f+ 1�� �.K�*1��,:�,�`t`"dP'.� :erb, ��•. `.r }� ,.'. ; •�j;t.:yl,���:��f,�.:,:t,. �,, . ��.:�;:;� , i . .•.r'vv:.f� "(i�,Yt'Z. . � '�, � .(' .` :;� ;i,ti,'',y+y.: ' ,'; �•'.•,:i�� °`r�fi.`� I i • , l,',� i,! -:q e. 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'n: . �: �t�; ,t i ':�r ti4 ,.�. �l�,�� .¢' , 1:.- , ii'� � ��:..r�,y1•�,� .J;�.r ��i' • �i�� .'[. . . , '�',�. � .`�i %�H. F.i,'ttyf:y�� ��•q'�! �..}�r% ,�i` �r� . . . . �.i, �'�• �.ti.f,�...,3�?•;s'r}. .e }�"�.�'r''t•.. :��. ��?�';'9,' .1. �!��, •f,` � � ' .. �r. ' . .�< �.i.�L'��5;��'�y'd'..r,�'� �7�1tW'�r i�.�c..Jat.wvir�kw:�+...r.�....�..I.cr._o.�..,.. a...,.t�..... .. . , .....,/...,i.=,;Ma►.a�..:f��!.s.�J[ir��.[�r � x: t:iKw:.r� i4i:�..:_.:. . . . ....-.r r,ir.�S�4Yhrx.r� inat.i..: ��,:w� ..g. � �. , . „ '. 'K" � ♦ 3. That GRANT�E agreee none of it� refueling opex�tlon� sh�ll take place within (�RANTOR's right-of-way corridor. 4. That no parkiag ar a#orsgs shall occur under or nenr GRANTOR's el�etric power linea or facilities within GRANTOR'e rfght-of-way CQM'�{�OI'. 5. That GRANT�E sh�11 notify GRANTOR's Supervisor o£ Transmfasian Underground (i.e., Charlea A. Nuttallor hSs designsted alt�trnate, telephone 8131866-5729, St. Petersburg) at least 98 hours priar , to GRANTEE's perfortning any excavatton within the Easement Areas fn order that GRANTOR may arran�►e far an authorized repreaentattve to be on site to gssist in establ�shing the existing lc�cation of GRANTOR's underground fuel. oi� pipeiine and to observe all exca�atian activities in proadxnity to said pipeline within GRANT�R's right-of-way corridor. 6. That GRANTEE shall not install cathQdic protective devices wfthout first notifying GRANTDR's Materia3 Technology Er�gineer, Alvan L, Hite, te�ephone 90�41795-4811, Ext. 253, Crystal RivRr, 7, Thst GRANTEE shall make speciat not� of Guidelines involrring GRANTOR's oil pipeline attached as Pages 1 of 2 and 2 of 2 uf �xhibit "A", by this reference incorporated herein and msde a part hereof � and GftANTEE shall comply fully with �aid Guideiines. 8. That GRANTOR hereby acknowledg�s some of GRANTEE's origlnal exisiing vtater supply facilities withfn GRANTOR's right�of-way corridor axe closer thctn fifteen feet (15 t) ta the aen#erline oF GRANTOR's subseguently-installed underground fuel o�l pipeline and may remain in their present locat3ons ar be relocated ahove- grade pt GRANTEE's option; however, �ith Lhe exceptian of GRANT��'s new fencing and posts {which �hall be electrically graunded to GRANTEE's weil sysfem) � none cf GRANT�E's relacated above-grade pumps, concrete slabs, foundatians � groundwater monitoring wells, piping, or supports sh�ll be located such that the existing horizontal separation betw�en GRANTEE's facilities and the centerlina of GRANTOR's said underground fuel oii pipeline is reduced; snd none of GRANTEE's new facili#�es shall be closer than fifteeii feet {�5'} to the centerline of the GRANTOR's said underg�round fuel oil pipeline. 9. That, be�oyce GRANTEE aommences any raodification activities within the Easement Areas in GRANTOR's right-o�-S;ay Corridor, GRANTEE st�ll furnish #o GRANT�R additional design drawings having dic�ensions showing th� locations of GRANTEE's proposed modificatians specifically fn respect to GRANTOR's eacisting underground fuel oil pipeline. 10. That GRANTEE'e well drilling or miscellaneous equipment shall not be parked nor stored within three feet ( 3' ) oi the centerliiie of GRANT�R's underground fuel oil pipeline. 11. That GRANTEE ehall notify GRANTOR's Engineering Supervisor .(i.e., Mr. Jnseph P. Skala or his designated �lterna#e, telephone 8131443-2661 � Clearwater) at least 24 hours prior to GRANTEE's setting up the rig for drilling the �roundwater monitvz�ing wells �vithfn the Easemen# Areas in order that GRANTOR may arrange foz� en authorized �epresentative to be on �ite to check the hox�ixantal and �srtical ciearances hetween GRANTEE's drilling rig and GRANTOR's existlng overhead electric distribution feeder linea �w�ithin the right-of-w�y carridor. The said Easem�nt Instruments No. 60" 21266 and No. 71 00�839, exespt as herei�above speciffcally amended and further restric#ed, ahall in all other respec�s continue in Full force and effect according #o nnd upon the tarms and condittons therein e�ressed, Pag� 2 of �4 Pages � „7' ���� { � ;k�;xi.� .:ti 7 .��{'�..: r. � � �' } ' 1(,.}r.;, :�>i' NIi i t•�y' � , Y r •��7 .-+ 4�' rY �i _?Z'��lii;�t '�',��l�;. ,�.'? �j.. G�;' �r���.�rt�,',J�.S. ' r `. 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(, :��:;�<<9Y�� "°r.��+r���t'.;;, � •�1: �.<E1�,;a. J{ �j �, , !� ��....� �.,[ < ,�c•atX'; WITNESSES: FL�RIDA F�WER CORPORATION a�, r'Qw�.Q •. ;",� :;f,;:`::>r"� {a3 GRANTOR} 4� �'Q � . rv - :�i` ;y,..;�-:�: � � � '-{..:i .�i ,�'��F��,' . i .� � .. ' � % � . � l, !, �� � 1�IPITNESSES; App�coved as to form: City Attorney By . Vice Presfdent .' ATTEST : . � �r' . , � r _,�. ' ��� . . �Assistant 5ecretary • CITY �F CLEARWATER, FLDRIDA {$s GRANTEE) By City Manager ATTEST : City Clerk Countersi�ned: Mayor-Commissioner \ t � � ,, lE•.,3L �EP�. � , -,. ". �'�: ;, .,s,s ", , j :�i�'..�.�`.'. � -H :?a �x7 �';� � `�' AFP CZ4'°D j .c..�• ie t7 Z 1-1 f ;" s us r"v�.ii.F��i i� �'x��,Y"' . BY ��. �,� !4� ' r3�'- _� �,�� . � � ! '• f w: � � �*5; • , •• �.>� ,�� c y y:�. i s "�%M'� ��• � t Y s�� •i�;.:��� � � � �° w � �.. . � '�{ :� �. �'�= s E��i!d,��.���y�S�'., ' �i ; .�� ` , ' l "� , �.� �� . � �. j: s * * s r STATE OF FLORIDA ) ) ss. COLTNTY OF PINELLAS ) The fare�oing FIRST AMENDMENT was acknowledg�d before m� this I1 th flay af April � 1991 � by Phi�ip C. Henr� as Vice �resident a�d by ,_,., Kathlean M._Halev as Assistant Secretary, respectivel,y, of FLORIDA P�W�R CDRPORATION, a Florida privat� corporatian, on behalf af tlie corporation as GRANTOR. . { S�� � � + � � MDta�V °uU,k ..�•.. � rrort�� a 1ar44 NOteI`y Pi1bI.RC !ly Cammws�an rxpues SEPi B� 189i . My Cornmission Expires: , ' . n ., �age 3 ot 4 Pages � . . . .. ..,. .... . ,..,. .... . . ...... . „ , .�..�, _ •� � m � �� � . .. ' f • i`. . . ' . �� t�' � �•�t l�.;iSai,�i- +�.4 x' ��.'Y;' ,l;o.i�: :j. 'Yr�.:f'.:�`II i � � � . � .. . 1 L•• . F. ' � ��' . � � . � ' � . . , .� ' � ' �' �. . � .�.� , �£', . �.. a .. . �. . . , . � � x I.. � •• . _ . . .. . . . . . � ' . � . 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Z i�'j r,: y'��,�1�•,ra�y�.r,��<tit:i;: Y.." ��`s=�; Z.�rji� : �;`..�:�:iy ; : s',t ; �,�.k.S1�,' '�.1�:` .��;' ,1 ��;;�.`.�,�,� _,,. v: �:,, a.i.,< <� ?�n•� 1�•��: �?��`�".h�'�2, ;.r�'°�� I ���.4.t ��i: k��,•i.� ,:v�ti. ,.�'� � v ' Cnidslines for construction ctos��n�v_f^tha Barto+�-to�Analote Oi� 4in� 'Che �'lorida Povec Corpocatiort BarCaW-ko�Anclate �hermaJ, in�viated ail tranaporE L�na h�s b�en ln�ta11ed �nd 1�a aperated 1,n c'aMpl��nc• v�th '�iLle �+9-Pact 195 Padacsl D.O.T. - Tran�partMCiun o# Liqu�d� by Pipeline. 1. 2. duried Structures„-,_Cros�lnA Sltuatlon� The minimum clearances rsquirnd for cro��ing s1tuazlon� ai the O/A oil a�ne and proposed other llnes or atruc�urei EolloW�t a� Ha�ntain 12 inche� af clearante betuaen tl�e oil llne and othex pl,pas ar structures being burfed and cross4ng the lire. b. When 12 inahes ok clnararco #a� not practical� prov�s�ons can be ne�otiatnd with iloriaa Pouec Carp. for a subatitutiv� of Gha sail barrier �rith an appcv�ad bsrrinr. Kinimurn .Soil Caver ovar BLA oil line The minimun► soil covez raquir�menta •t any Iacation alon� thls Bartov-to-hnClote aii pipa lin� haa heen ast�►blishad to b� 48 irschas, as r�Earericad Ero�n to� of tha ptpe to' graund I�v�i� • road bed, ci�ar botCom� drain ditch bottam� etc. Any vaclance in this mi�imwri pretective soLl covnr rnu�t ba neaoti�ted vith th■ ilarida Fovar Carp. ior substituta, pr�tQCtive, aquival�s�t apgraved con- cratr �tructure Dra�ing tA-S-34-A-1. ]. Parallelinit - Hucied Structure9 ��t, Thaae a�r• tVO standards of �cccptability iar �arall�3.iri� sittsa- „ • tians� , a. Florida Povnr Corp. R/�, eesaments and nthnr controlled areas, 1. AI1 paralleling of baried atr�sctur�s and other pipe9 to Chs 91A aft line musk mainkafn a sinimum of tl�ta� (3) fe�t aurf�c� to surfic� clearas�ce. b. AlI patsl��lia� sitttatioas outside th• ca�trol of th• Tlarids Po�rr Corp. shou�d raqu�st th• �ainimu� thra� (3) iast surfac� to sarfac� cleeranes. 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J'. ,� � � . . i"` �,';:;��,.i�:•.',i':i`,;..,; �� �� .. • '.. � '�lij�l���i�.f•• :{:��t. , . -,'�; ": l,.�';� °rt ' ..�;.:., . ; � �..: f:: ; '� , ,V,�I S:"...� �:r.;'' !�• ' , I;:��:'": �;a�>�._ '-_.';`.'.i�` .. �. . . '3:�i'��F�°'��'•'.rF�''' " ��1`��rV:�"'.' ':F'",� . ,'St 'V jy;ty ;�,;�w, r +,.,, . : '. l,=:�, Y ;:';:`�}�;�'�;; : _;�: j`�.t� `r ,`'�!'�. � ` � :�;.`..�� f�•'''':' •. . ."�i:..�'F:I=����y'.'•.•. i�Yr., �" . .1'. �'�\�:gd't•�+i?� L'"�,:' :l,�y4; ' �7;L�i.�d.`�4"'jkv ;f�L.'... :,f„. ' �l . i 7 .�: :Jti''i'� ;r r, ,. 4�i�."��fr.:l:`;�-i7�'. �i�'. : , t,�'`:,�,'r,'r j;y'.ft�• ��r•}'i,;:r ��,� � �. T:�ti;�i,'�#..�C t'� ��.•`s�.��':.i'� ;�>'.,'' '.. ��;`> '�[ �t.A.�`.'i� �' ��iiit%v�'�;ti'`�.�',� .�y '`i: �.k�, xi: ifwi�..�.'1^:w .� _ _. : . .r,l:r'7._.�'a7. ,;s;r..�t;:,- •. ��3��.': . s:4h!yr }�,r ;�� 5;:� y�+ ', i F� •'�+,� r>' ' __ . "Vl'i.'.•..:._ .._'S',i:� , . f 1t .,••�, x 1��,�a E A 8 E M E N T �� FGR AND IN CONSIDERA'�ZON of the sum af one Dollar �$1.40) cash in hAnd paid to ��_ thg receip� oF which is herei�y acknowl�dged, and �Iie benefits to bo devf.s�d therePzom, BETH SHALOM, A FT,�RTDA COR�OR.ATION� NpT�FOR-PROFYT 1325 80UTH H�LCHER ROAD CLE�Ii4iATER� FL� DRYnA 34 b2 4 doas hereby grant and canvey �a the CITY OF CLEARWAm�R, FLOR�DA, an easement over, under and across the iollowing described land., �y3,ng and baing si�ua�e in the County of Pinellas, Statie of Florida, to-w�.�: 5� DRAINAG�� UTIL�TX AND SID�WALK EABEMENT The Wes� 5.00 fQat o�` LO�s ZO1� 202� 203� 204i 2G5� 2�6, 207 �►nd 2os o� Marningside Esta�es vn�.t 7, a 8ubdivision reco�ded in Piat $nak 59, Pago 59 a� the Public Records oi Pinellas Caunty, Flor�da, and 3,�media�ely ndjacent to the Eas�erly r3gh�-of-way o� Ae].chex Road. This easement being �or drainage, utility and sidewalk installatian and maintenance. The CITY OF CLEARWATER, F�ORIDA, shall have the zzght to entex upon the above described premises and to construc�, install anci maintain thezeon any drainaga, u��l.ity and sidewaZks and to inspect and a].ter such drainage, u�i�ity, sidPwalk from time to time. ;;-,:�� , xN AiTNES3 WiiEREOF, the party her�to has caused thes� presen�s to be ~`` du y ex cu�ed by its proper office�s thereunto authorized this �� day of ;;.ai.,;s , A . b . , 19 �. . `.,�. r,�.:,�.� , ,�,. ;�; �r;l�; .'.4:� . . � Signed, seaZed and delivered in the presence o�: � �, IT E55 •��i�ld K Nu'`�-����. Iti.-�J-� ^-�.�._r_ WITI3ES3 Dr•,J!}1-a b. �El.OM= BE�$ SFiALOM, 1 FLORXDA CQRp, NOT .O�R PROFIT $ M�CHAEL SOHEL PRESrbENT O� CQNGREGATrOH BETIi SHATuQM 1325 South B�lcher Raad Clearvater, Fio'rida �462k STA'�E OF FLORIDA COIINTY OF P�N��LAS (corporata Sealj �efore me, the undersigned au�hozi.ty, this day personal,l.y appeared MICHAEL_BDB�L._PRESIDENT of C�NGREGATZON BETH SHAI,OM , to me we�.l known and knewn to me to be the individual{s) c�escribed in and wh� exscuted the foregaing instrument as the President of Congrega�ian HETH BHALOM named in the foregaing ins�rument, and he severally acknowiedged to and bePore me that „he execu�ed said instrument on behal� oP and in the �ame of said' cazporation a3 such offi.cers; that �he sea�, aFfix�d to said instrument �.s the corporate seal oi said cozpora�ion and tha� it was aEtixed thereto hy due anc3 regulaz cazporate instrument and that said instrument is the free act and deed of said corparation. 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E � �.•�h` 'C .1� .rs-' ' .a' •:�. pi� �;t.��;i�.{�f�:,j���Jl°��71� �h�t ���� i.✓y.• .?' �, _���, T+� ,��,'1� �� a.±i� r'e✓�aS,_ . .t.'• "�'..',, '41;1./ t'r�t •�45r�t��!{�'<;'�l} o�°.h}y'•4,�h1�� if-'Sr�:' '��'• � , .. %{'i'...��i :q ' .,�`i. Y L, v.14a � � •:y `,�`s;' '; ... ,4�; �1:: , . ir� •• � � �'frr'�'�.�� .f..}',t�}�.�"��b1i... �{ ��,{,1+1j.xl,��f��:.itSr[d��k: .r�'' . . ,�p�.. �.�� ' .•i , �d . r�. .�.�:.f�� ..ti CtiCy��4�.C.%{5.:,�..i$��;°.�'°��e�:'�3� �_��C 'I�r``` . i `' �'• � . � ,• : � : ;,'.�. , :.,'' , ^ . ,.•,, '.�`�::t '' . ,til._. . , t.. ; �, i,� e .r';i:� -1''��' ••F��'°i. i�tt��il.wLL.�:�:+"�,i�`' " �12.ir:,_t,z;r:.�:!w::�ia..:,'c:r.�v',a...M'rr.u��a.�.rxraxiF�x't#�r.,Y.I.�+la�.ifln"l!'dJrCaYEllltlf! �; � �• BEFOR� ME, �he undersiqned authoxi.ty, per�ona��y appearsd 80 S DE F O G EG TD REri SEN T V d E 8 D wha, being �irst duly swoxtt, depose and say: 3.. That r�hev.axa the owners o� l�gal and equitable �itia ta the faliowing d�scribad prop�r�y fn Pi,ne�,las Caunty, Florfda, to wi�: Tho Weati 5.00 �e4� ot Lotis 201, 202, 203, 20�, 205, Z06, �07 and 20� o� Morainqa�de Estates vait i, a subdivis�on recorded in P�,�t Book 59, �age 59 0� �he Publia Reaords o� Pine],�.a� County, Florida, and immed�ateZy adjaaeat ta the Eas�erly right-o�W�ray o� �elcher Ao�d. 2. That said praperty is now in �,he �ossession oP the recerd nwner. 3. That th�re has been na lafaor perfnrmed or ma�erials furni�hed on said praperty tor which �here are unpaid bi�ls for Zabor. ar materiaZs agair�st saxd property, ex�ept ,�i� none �nsert ��none"]: • ,���v� �. That there are no ii�ns oz encumbxances af any nature af�ecting the �itle o� the property h�reinab�ve described, except �it none� insert ��none��: /�°�� 5. �'hat i.t is h�reby warraritea that no notice has been rec�ived For any pu}alic hearing regazding assessments for impravements by any government, �nd it is hereby warranted �hat �heXe are no unpaid assessments against the abave gdoperty for impravemerits thexato by any g�vernment, whe�her or n�� said assessments appear o� record. , b. That there is no outstand�ng sewer service charges or assessments payable to any governr�ent. 7. That �he representations embraced he�ein are for the purpose o� inducir.g CITY OF CLEARWA2ER, its agents� successozs and assigns ta zaly thereon. '$�c 5�±�;.1 �-C f�jv2�K2 DW�1AL� D. M,ELdnfF BETH SHALQM� A FLORIDA CORP. NOT FOR �RC]FIT rx�;�i��:�v�r Ur• ��NC�tct;�ario�n BETH SHALOM ' (CORPOR.ATE SEAL) swazn to and subscribed to befare me this "" day of A. 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' '.. , . .' � � . , �' .'� .': '��1 ^'. �' ;v.r :. .�•�.: ��.°�'.�„ ��L:.f.3f.��L`i.cHUt�L� ���.::.. .. �,� �: a,a�'a'�i`�.:�!'_i..rt tS 6 C1k:,9.i:; tttt'�rr ).:..'�.c�yi t:;��.3.l:':,�...' ::�A.7.C� i:.:.+ khl s�rrl�qa-u,tii �N� aai+�r'iEf.t"i�x.:75C�1eYw: � � ,. � ��� m �� FOR ANA �N CONSTDERATION ai �he sum ot One Dollar ($1.00y cash in hand paid �c them , the recc�ip� of wh�,ah ie hereby �cknowl�dged, and the bene�i.�s �o be dezived �herePxom, HORTON F. PI.ANT HOSP�TAL A�SGCYA'�YQN, INC. P.O. �QX �10 CL�ARRATER, FLORIOA 34Gt7-0210 � dog�, hereby grant and convey �o �he CiTY OF CLEARWAT�R, �'LOR�DA an easemen� over, urider and across the �o�.lowi,ng described Iand, lying and ba�nq situate in �he Coun�y of Pine2].as, Sta�e of F�Ar�,da, �c wit: Frcm �he Nor�heasti aozaer o� �he Nor�hwea� �/� o� the Narthea�t 1/4 o� Bc�Ction 2�., Tawnship 29 South, Ranqe iS East, xun Soath �195.Ob �eet nnd Reat 34.73 tee� to n paint on the Aes�erly righ�-o�-way ].ine af south For� Harrison Avenue; thenas run �outherly a3.ong sai.d WesterZy rigLt�o�--way I.ine o� Sau�h Fort Harrisoa Avanua L38.25 tQet �o the Narthwest oorne= a� pinallaa 8tr�at and aau�h Fort Harr�.�on Avenue, and �he Point ot Beginn�,nq; thenaQ run Wes�erly along �he NorthsrZy Iine ot Pineixr�9 street 5. oo fee� ta Poin� ��A", thence r�turn �o the Point o� Beqi.nninq and run Norther�y along the Wes�erly line of South Fort Harrison Avenue 5.00 �eet; thence rua SouthWestexl.y to PaiAt "A". This easemen� being far drainage and utxl.ity instal.lati.on and maintena�ce. . The CITY OF CLEAxtWATER, FLORIDA, sh�l]. have �he right to ent�z upon the above�described premises and to cons�ruct, install and mai.n�aa.n �hereon any dxainage and util�ty ].irses and to inspect and alter snch drainage and utility li»es �rom ta.me to time. ZN W�TNESS WSEREOF, tha party here�o has caused these presents to be du2y executed by i�s prope� oFficer� thereunto autharized �his E9th day of . V � J.g 9I • 5igned, sealed and da3.ivered in, the px � enn of : ;S ML11iP. x. n�cy u_ �'i• /���(�+�� �� Julie M. Etcenboruugh STATF: OF FT�dRIDA COUNTY OF PINE%LA3 ' By: �� , ~>ua:�� T, iioutz president C1Qa watPr,DFlor�ida �.ttest • � �.�� �.�.��.� Robert F. Mackay CRETARY CORPORATE SEAL Be�oze fiP, the und�rsigned au�harity, thi.s day personaZly appeared �eane T._i[�,s�z__ , and ��rr x_� N,,�ka� to me wel,l known and known �o me be the individuals descr�bed in and��who executed the foregoing instrument as President and Secze�ary respectiveJ.y, af �he Carporation named a.n the faregoing ins�rumen�, and �hey sevexal.�y acknawledged to and b��ore me that they executed saxd �.nstrument on behal� of and in �he name vf said corporatian as such afficers; that �h� seal. affixed to said instrument �.s the corporate sea2 of 5aid corporation and �hat it was affixed ther�to by due and reg�tlar cc�xporate �.nstrument and that said instrument is the �r�e act and deed o� said corporat�.on. IN WITNEa$, WSEREOK Z have hereunto set my hand anci a��i.xed my offS.cia]. seal, �his �ti� de�y ot _� , A. 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"`V[, n.'.�' �Ii�.^�.F�S'-(�',��v{:�s��<<.,i, 4},i�,�,'� :�';^'.1. r?3- 0 '-- - ' — �--- • -- � � -- -- —' STATE OF FiORxY?A � COUNTY DF PxNE�,LAB s � , a�..>�r,�. � ,,+r ,� '��i��tirv�a�� ' )� I , ¢�� x �����r'. c'w,+ta: � . �r ��. �. �t�{- EY•/} �� } ` � � Y�t 4,� ' t� ' r;' �, nI J E i�n' a �L,' x s, r• :s, � 1y �r .� � �� ��k���.�r� !��{`�i � T ,I : ,'4 V'1�1� �ii ���•��,��"5;4; �,' '� � f»� ' . �F Y.�( T�� SE � ;��L�1��4!�'et[+� jrY � � '�. 1kF k� � `� � . � � : �' ;. .ti•,��b7�y1;.� ' ; .�' aF" • �:# � � ' �i 1�4 i T.�1s'�x.-",��4; � i � � ' � � �-}t�Z.4� Y��.:�'�IAS:F. �:���;}4�., B�FORE ME, �he undersign�d autho��.ty� pe�zsflnal.ly app�ared _ '. ' Dt�arta T.�Hout�_��'; T _ REPRES��'j�T�j►E OF MORTON F_._ PLANT HOSPIT��P►��g�,Y�QN.�I;:C, _, who, being �first duly sworn, depose aiid say: 1. �hat � is the owner(s) af lec�a3. and equi�able title to the Pallowing desc.r�,bed property in Pinellas Caunty, Flor�da, �n--wi�: From the No�thoast coxner of �he Northwe9� ],/� n� the Northeast 1/4 0� Beat�cn 21, Townsbip 24 eou�h, Raaqe l5 East, run Bou�h 495.00 tee� mnd We�t 34.73 toa� tio a poin� on the Westerly riq2�t�ot-way 1.ine a� 8cuth Foxt iiarrison Avenue; tbence run sautberly along sa�cl W���e�t�y right-of-way line o� Sott�h Far� Hr�rrison Avenue 19s.25 feet to tho NorthWast corner o� PiaeZlaa Btra�t and BauCh Fort 8arrison Avenua, and �he Point o� Beginn�nq; thenca run westerly a�.ang the Nvr�her?y li,ne ot PinelZa�i street 5.00 �eat to Point "A", �I�ence retu�n tc tha Paiat o� Bag�nni�q an� run Northerly along the Fasterly J.ine of South �'o�t Harrison Avenue 5.0o feet; �hnnce run 8outhweste�ly �o Po3n� ��A�� . 2. That �aid prop�rty is now in the posse�sion of the r�card ownEx. 3. That th�re has been no ].abar per�ormed nr ma�er�.als� furnished nn said proper�y �c�r wh�.ch there are unpaid bills for lai�or or materia].s against sai.d prnperty, except (i� rone� �nsert ��none��1 ; NON�E 4. That �here are no liens or encumb.rances Qi any nature affeat�,ng the titZe a� the proper�y hereinabove described, exc�pt i� nane insert ��no e�� ; NONE S, That it is hereby warranted �hat no nntice has been rECeived for any public h�axing rega�ding assessments foz a.mprovements by any gavernment, and it �.s hereby warranted �.hat there are na unpai.d assessmen�s against the ahov� praper,ty for. imp�ovements thereto by any government, whether or not said assessmenrs appeaF *af racord. . 6. That there xs na outstanding sewer servi.ce oharges or assessments payable to any government. 7. That the representations embraced here�,� a�e �or the purpose of �.nduc�ng C�TY �F CLE7�RAATER, i�s aqen�s, successors and assigns ta re3.y thereon. • i WI ESS � .� � .r-► A� • � �\ � �' • • r . ' � _ � .�ne T. HouCz Attest: WIT 5S Aobart F. Macicay secz�tary Sworn tr� and subscribed before me t�his �,� ciay o� � , 19�. , My Commiss�on Expires: �ata�r F�blt4 Sta1e ai Flcrida NO ary Publ O �Y Cammi�iion Expirec April 23, 1495 ' L Eaati�dSL�YrryrFaia.iwrr�nwlna � ,. . ». . .. . _ �, �-. r � 0 �. A - °•, �,:-.1�; c5��,��•tity;,�,c.; : ;,. y �r. .��`l �}(!��i�`.�*�j ��5��;7Z�5 �s �;�at: tir��:s�. ; 4�. ' ,,' `•'1�` „S``,'.�''•,,� .�, "�C...� 1 ' � . , . .i: ,(� . ;'r • ' •'r.�l' jsj � <�' �13�.�1ir't ..r.���:: , �, � �' ��, , � , ,� � , � � ',' • , . . '�. . � : , i � ", `f r * wl•• "I,�` 1.�^I�}.i''��'. 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' Y.t�]��...yt.� fy�tFp•.; _�'.''.,j �� . �.�7�;i(f,��,�,,.!.;C.#�t.�,��:', .. �., ;�`;f r �;�";; ,� C;,�:: c` - �,��.;.by}��'!'y � ¢*L `�.1 ���3�;4r:ly,'_ • r ��r '"i: � `;.F'� �'�j��j .Y�'�+,},,i;y:ii'y b���:;v,i�'.r,s'�', t �.�'YY��tT'�',•'.�?^��-`�;f., :i�. � A S E!�i E N T �r.'4C'e�:.'•.+ � FoR AND �N CQNSIDE�tA'�YON o� the sum oE ane nollar t$1.0�) cash in h�nd paid �o _ them __ _ , thc: receipt af which �s hezeby z�cknowledged, and the be�eiits ta be derived therefrofi, M. A. 8. ONE LrMI'x'L�D FIRS'� FLORIDA SANK BIIi�,DxN(#f BiTIT� 9qd 60C CL£VELAND STREET CLEP►RWATER, FLORTDA 3 4 6�.5 dQeZ_ hereby grant and cQnvey to the CITY OF C�,EARWATER, FLOR=DA, an easement over, und�r and acrass Che �allowing described la.nd� lya.ng and being situate in khe County of Pin�llas, StaGe of Flori.da, to-wi�: A Ten (10�) foot wa�er main easement lying 5' each side af a3.� wa�ez mains up ta and including a11 hydrants and meters, but exc�.uding any water mains that may lie undex bui7.dings or wi�hzn five (S) fee� �� buil.dings, AND an ingress and eqress easement foz refuse and garbage col�.ections and City vf Cl�arwater servi,ce and utiiity vehicles, all lying within trie followi.ng described traat: Lot 2, Cl�arwa�er �owar as recorded in P1r�� Book l04 Page sz of �he Ptiblic Records of Yi7cie�.�.as CauAty, Flori�a. The CrTY OF CLEARWAT�R, FLOR�DA, shal�. have the right to enter upon the above described prema.ses and to construct, install. and mainta�n triereon any water lines and ta inspect and aZter such water l.ines f�am tim� �fl ti�e. IN wzTNESB WHER�OF, the pazty hereto has.caused these presents to be dUly exe�uted by its pzoper officars thereunt� authorized and its seal to be hereunto af�ixed, this 23rd day of � s��y ___ __ _,].991. Signed, sealed and delivered M.A.S oN L�MIT�Dt 1*� *�e�}presence of : A FL RIDA �NERAL P TN�R IP l f � //] %, � �L' �-c.-�� Dennis E. n �EN PARTNER WIT�I�5 , iiobin Tucker �J�� ,L�. li1tG���/t"l�''�.L WITNESS� Mary J. Grossc�r STAmL� OF FLORIDA COQNSY OF PINEI,LAS 60D ey � :•' -D�3- -��' �� ` � i Ez��s�i�i:��si ,�!!'�3�'."iy '� � �`F'i i M f�+`•°rt-��� �A ��i�� �g�{F���'.�,��j���{ i. �i=': �� lu (��7 j t�` �sk'iR�'+;yr �' • : i �'v��ts''.:K+.lX�ti�i'�Ji�:� � r��:, � ! s 3},iT,•`g ��ys .�.al��'�. . � '� , ti `` �'''` v �`��� ,� � ,r,�' �'�� ", I�; S','iSt4� :.3s• ('��,� ' :t�j.i °'�'._?l�Y�;` . i. , p.r'. �?�r�,.! � , +i�':�N i.ftj'a-�fi :� �� }� , s � `+. ;. :°`'tF'it?�1 i , f... r . y t ' . i. f.,', 1 : .s � � :,.�i';..;�'> { .i '�I��;v..: !�7..���'��`�,�s �-o._,. :.` : �` 1'����'' y.='�t�p#,� +�' � � r•. .'{t' , ip,'r�. � '..��. `r� ' .k ,,,�,:'};.; S� , i " ,.I1i•''`' y • " ..�, : �..': ;.:i��; .�y:y;" �� ..t,,����r;e��r: �,'v1' �,''�r[ t �.4�i., °!4"IrY�'qY.G'';'�k ��' �:�i f_ I ::�i�.. �..5. n �1,�� � ,'�3 '` �`��.�y `�"9�wr;�'�;,'�`�` �', ,;i�;i;:�::''i;'�5.t,:i�.�;�.:/ij;4'� �� FL. �3 � \�.�+' i' A��are me perSOnaliy appeared AENNZS E� _i�EAN_ a,�Sd�RYCHARD J. WHALE7t , a5 a General Partner of M.A.s. oNE LiMiTED , the Gxantor her��n, to me weLZ kr�own and k�sown to me to be the person(s} described in and who executed the foregoa.ng a.nstrument� �nd acknowledged to and beiare me that they execut�au said instrument �or �he purposes thezein exgressed. �TNESS my hand arid at�i.xed my o�ficial seal this �r" day �f � � ! CJ � /1� , A.D. 19 / . � � My Comm�,ssion Expires: �� � � . � � � � �� ��%� � � Notary Public r;a- � � r" . ,. _ ... - -: �,:n•,. tsr �c:.;t:. . . . ..._.. -. , COMn_v n�C.. �...�., r� .��:..�;, W•'1_'�e„ .... . .. . . ., , ... . . it �.,.... . ..� � .. . r � S ,�: �� 1 , � ; t � �ti r .�. �� ,,. ' , �� f ;a �, .i �, . sy � �:, � �t �� : fN .� :°>>�� �'�,i �.�' ��� � ?r. �: �A � i �" .•1 4� i ,b.� f'5�.. �, .t: , ��s � r.l � `3,.`+I�''r'�`t ,' '•�"•�i., ` �.� "FRj, � �,l�i f�? 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'� ._Y��djt•i.IFat�t, .,`� j.�;r; ».[:�i..' �,�; '�l J�� „Yr ' - ' '"���.i=r'_��f+�^`.,: ;�sV { �n.;�. �'�'%'et•}•w..'� r, .y i � � y.��•�i ':' :�t ' �i=�,' ��i �� . a ' . .7. �,5 r�`�,i o �a. 'S'i` .s �'� r� ,'� t.':' .'i�•V.�,�� r •'�y' �,:�. 1.1�:��.;r. _ i �-, ` � F;�i`� s �"•'•���;;Sj+ ��L.. , °�; ci'•:- y�,yf i'�?;::-'�r C;��C�� . . +^°��::^.yr:�� �c��.`<, �.'�'��t:,,.7`' `Y=' �°`S . s �� ,.S` ^�f��k'�v F.. 4.:A.je`�k.« �, S °:� ,�. �'���` :�.,,.�'. ^,' ;_' .:'"s:+.. �. _,� J:� t'.:•;�'i ti,�'� w-.:r'�� �'' ' `�"i�e u�•�� }. r :'y�..,..y�..nl3.: T..fi''. "• .,i: S �' �1 e.: 'L '' �... . .�1.;�, , � ., rr � .i�J' ,i�w. ' i! :.Y' .as:�" ..�.n' " '� .l'« � � �iz' : e.;�. 9 �y �_ . .. • rj� � .' �,., '.�H:rc�,h�:'•.t�, �'k;'r`, 1.},.. r: '� : '�',,J�'�:i.7:':l•. r.t � : - (. ° ;.r:.'�, ; 1�, � ii.�.7 't'• ' r' '..,�:' � ''..5,' ' ,. r'(' °r' &��i:.�l6:w, 1` 1�, �'' �'',`��'��`. � �r ..:�.;�' . ',..: •..'i.`' '..�, ': • ; =: ...;i �, y ..-,'�. �,': ,. ,. e.r'"-y",3, ��.., ._��..a31�,"'M,,�����.�w�.:�r +..�i�ii�..a«.� �...�..w�ww�r...,.t..�.�.....1..'...a.«-.«.�w+ii:..:an:.'wr.'+i�w1.6A1".�'i�':.+^'rk1'R}4Yt'I:St@ptro+�Mi�' � • � • � . r � . AF'FZDAVIT OF ND LI�NS B�AT� UF FLqRIDA COiJN'I'Y OF pIN£LLAS BEFORE HE� the undersigned autharity, pezsonally appeared AENNIS �. DEAN AND R�CHARn u. WHALEY , Gen��al Partriera a� a Flarida G�neral P�rtrier�hip wha, baing gi�st duly sworn, depase ttnd say: �. That tt�ey__are� the awner(s) o� legal and equitable ti��.a to the �a].Zawfng described pr�per�y in Pfnel1as County, Florida� ta wi�: Lo� 2, Clearwa�er Tawer as reco�ded in Pla� Boak 104 Paqe 81 of �he Publia Record� o� PinezZ�s county, Flori,da. 2. That s�id proper�y is now in the po�session of the record awner. 3. �hat there has bean no labc�r p�rformed ar :naterials furnished an safd propezty �'ar whi.cti there are unpaid bi�ls for labor ox ma�eria�s against said proper�y, except �i� nane insert_��±none��) : NONE 4. That there axe no Iiens or encunbrances of any nature affectxng the title o� �he prap�rty hereinabave described, excep� iE none insert ��none�� • NONE 5. That it is hereby warzant�d that no notice has been received fQr any publ.�c hearing regarding assessmen�s for improvemen�s by any c}avernmen�, ar�c3 it is hereby warranted that trere are no unpaid assessments against �he above�property for improvements �hereto by any government, whethex or n�at said assess��nts appear of r�cord. 5. That there is na outstanding sewer serviGe charges or assQSSments payable to any qavernmen�. 7. That the representations�embraced herain are tor the purpase o� inducing CITY �F CLEARWATER, its agents, successors and assa.gns to re].y therean. �'CC�1�L xH r�cx�� //�;' =a `!�f Nu1/ t �ss ,�' r�R�t .r. . � 5wor� to and subscribed to before me A.D., �991. M�• Com:rsissi�n Expires : � �'s^4��war� T" ' � � . � . . ........... ��+�� �r4� . ' 1 y � ! � � � � 1� �f�� T i�� /,L C. �� ' ' x'ar Pt�b11C RQSIN TIjCKER NOTA42Y pllill.IC. F�11Tr OF ['1.flR��. • tAY GO�•St1l55WN �1(PtfiES: id,�R, tx. 13�=. 06NCCR TN0.11 tltl*��iT 1'V4LIC UN61.RW�ITLR� � �� � � .. .. . �. 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';�E �. .�.;� ° . # . �'n: :���i•'...�t`R.i�ti�.h�'�,i,��it;i�,s:�� .'-;;�:�. i �., .;; �. ..,;,,,,ti,,: ti��;,`,i� .�. ,:��,.:,. ; , r.a.'' ��:3 �;.: .�; ° Y�t%it�4'L �S:.�S:',��' � •:Y; � � . � �1 , -j' ., . ..- : � 51'S.tt�;7 i.t�tr..�f �.� � �.:� :i'i�„^ S7�'I��' "1���.�Y� • :i° t`�'f7' ";�:,�: �, <-:i�t..y,�Y ';: ,e��': �:�: ��: , .. , . �x ;� : • ��• �'. ; , _ -,` P�:�f��`��;!�;1..�;��,�rya: .:ti'�:,.; ::';. ; �:�. ,�1i;.��'•.�.�`»5�..,.'y'r, �;t.:%r;�:r�. . r:i�` "�vISF_.�'i�5-:•..�,',.Z"F'>�`_-?''i3'�:;.. !� � ' ' � 1 . � ! � a e t �}Y. �1� � FaR 71ND IN CON6IDERI►TTO2d vf the sum o! one Dal�a� ($1. QO) ca�h in h�nc� pa�c1 to �„ em , the rece3.pt of wh�.ch is hersby acknowledged, and th� bene�its �a be dertved thereiram, COI�MONITY PRxDE CHILD CARL* iCEri'1'ER OF CT,EARWATERi INC. A FLOAIDA COi�cFDRATI�N �'l�OT FOR I�RO�r �T t7 s s ao�,T Av�zav� CLEARWATERi FLORIDA 3�6x5 dass hereby gxant and convey to the C�TY OP' CL�ARWATEF�, FLORIDA, an easement over� under and acrass the Eollowing described �and, lying and peing situate in the Coun�y af Pinel.Ias, S�a�e oE Florida, to--wit: The We�t 14 fre� o� �he tolloW�ag daacr�bed propertys Lots �, 9, 10 and �ha� pox��on of Lo�s 7, lt and X� iA HZock L a� the p1a� HYH�8C�J8 t3ARDENS am reaorded in Plat 800k 14 oa paqes 55 t�rouqh 5s in the Publia Record� at Pinallaa County, Florida and be�nq more part�.aular�y describad aa fc+�2ows: Comiaeuca a� �ha Naxthwest aorner of �aid 81ock L; thenae, sauth o0°03`52" East, a].ang �he xeate�ly lina at sa�.d e�oc3c L (beinq �he basi� o! be�r�.ngs o# �hia descr3p�ion), for x13.00 �eat to the PDI13� OF BEGINN�NC�� �heace Nor�h 89'S6'OS" Eaet, far 212.48 faet tio the ea�sterly ].ina ot said B1ock L, alsa b�ing � pr►3at oa a► aurvo aoacav� tn �he NorthWest; thence, �long �aid eaaterlp block liaa tb� �olxcwing laur (s) csoursea; (1� thenc�r southwesterly nloag the arc ot atore�aid curva hav3nq a radius o� 19s.55 ���t, a�enicral �nglo ot 2�°OS'21�', an ara l�ngth o� 99.96 �ent and t� chcrd baaring 8autb 32°56'x2" Wa�t !or 98.89 �ee�; (z) thena�a Bc�uth 47°2s�os" Ws��, tor 5.75 �e�t; (3) �heac� southwastarly �.�ong �l�e ara a� a aurvs concave ta the 8outhaas� and baving a radius af 942.6�1 �eet, m central anqle a! OSi°d2'CG", an ares l�ng�h ai 159.59 iee� nnd ��hc�rd beaxing South 4� •3�' 0'7" Wost, tor ZSg , 40 �eet to a poiat of saverss cux�ve; (�) thence 53.53 feet a�ong the axc oi a cuawe �o the right baving a rmdius ot 58.74 leet, chord be�r3nq of 8ou�h 63°50�31�� We�t, 51.70 �Eae� �n �ha SouthWeat aorne� ag said H�ock "L"; ��te�nce alonq the West liae af nfo=eeaid Hlock L; North 00 ° 03' S2" We�t, a�vag sa�,d West line, fcr 226.82 �eet �a the poYNT �F HEG3NNIN4r and coataininq �i.G46 acrea, mare a� �ess; lesa and excBpt rights� of-way af recvrd. This easement is for right-o:�--way p�rpose�. '�`'�e��� The CiTY OF CLEARWATER, FLOR�DA, �hal1 have tihe ri ht �o en'�er u on �he �;;:�,� t,::,,, g P ;�,_;�,.,; above described pz-emises and to construct, install and ma�.ntain �he�eon any �� •C`��=� raad xight--o�-�way, and to �ns�ec� and a��er such road right-of-way �rom tim� �,:E;" :,,• to time. .��,�;:: : �. YN WYTHE88 wSEREOF, the party hereto has caused thes� presen�s to b� duiy execut�d �y its pxapar officers th�xeunta auth�rized this � day of `�l_� �,�c' _ , 19�. Sigr�ed, seal.ed and deliver�d in the presence of: ► r � W�TNE86 , ^ � � :' 1 �� WiTNE 8 M��� 1 � COMMIINiTY PR�DE CHILD CARE CEZiTER OF CLEARWi�iTER, INC. A FLORIDA CORPQRATIOH, N�T FOR PROFTT \ � � By : �. RO EIt C. OUNQ iREB�DENT �OAAI) �F D�RFCTORB i � Attest: _ �.�t.. h _ MARTHA SKELTON � BaCr�t�►ry � � i ' i�.;1 �4 ��d� � • i`'"s ��. � � t� t 4! i i-�• �.�•. ;�+rr..y-,. ��EdS'• t. � •wr�ti. � ' ��'i-'��5�7� iL':G.'.��,ik... 7%�.i!:..'' fS�t��, e,2:�"4 �"���1C.E;.s��a��� s!�x�� 4`'�r°' ��bi�t��, ; �� r, ����t':,F ;,�,�..,�' . r.`'��•' '.+ 'ii� . 1 �;,:� l� f..=.��t: �.1."�nr. � .� . . ., `*�'�3 •'`°`' ; i:a �;�.i�i'. � . . t ' �'• �'y"^ .Ts,, r6• ` ' . .2 '.5 �'' ;f' � . i. � • ��';� �;��,;,�. �- � '.. � a � ., � , , '' .. ` . � � � . .�,� , i. � ', ' . , " ' . �i.� `,"i.'S.i1' Y•t',�r'L`. .i-' � :1� (� � • ; " .' 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Y:��', i.�, � yG. � .H, ���'1� y ��,'i. •'w 1 � � 1 . �i� ' , . : :' ta. f �� i ��A �Y i ,ar{� .�y� $,r .�`,i . � � , � 1 ti, ,. � r � �v . ; M! � ., .�r�. :4'. . �S` �{. l, � .SA. :�t'}:�°/i�j.}�a.if�''•�. t . .� :f+.l���'y i�i. 'b�'• ,i'�::• ,, :�1C' i2;Y� R�+ .x�'� .�' "S��Y.�i.���iSFk�"ni.t�.Y�..y., ....�_rr.,..*;r__.:f:.�r,...1.I.`:�.=.,..._...<�x,:..l^i..i'.�_...:_..��E..�).''.'�.u*.{St.aias:�.�'��tti'1��.'..�!:�;'ti..�,r.�._�it'�.:"?�i:i:iiv5�� _ . . s� y�,� r,� 'I S �'� 3' � F'�� �� .. .�. P ..;ti �r �1^ "�;s:•::'_��;,_ :: �� M�.S��.X 4.Mi ,�; �� ;~\t�W� � � .�-�. �� ..I��..�}:�..:..� •.� 3�;., ,;;�,,.'tr�..J� x �,.'y�:.,i..''�!. :s�',�''i:'s���' ���y �t���,�Lyti;' i<1 '�° , � ;:, ,, ,t .;�.�, •.A`sF[1��9 _ . .� �a; � .� ,. � � i•) i� . j,' �sl BTATn OP PLORTD9# . . ' . �;, ��,�;F���;� COII�TY nF pIDiELLl�B , fr'+��3�.`��R'' ; �.:- �=r� ' I r;�.;;��.isia Ha�are me � the unde�signed aut�.hor i.ty � per�anally appaazed '``' `'� �:� t�� ,��x•�; _1�t. ROH R� C. YOUt�'O, aad N8�},�T�iA S1C�LT0�. SECBETARX to me well known �.�_; ...��',.;;.. �. :"' r �/' t '� and known to me to be the indiv�.duals desar�.loed in and who �xecuted the ;..��r:�•.��r�; fc�rego�ng instrument as Prasid�nt and Secretary respectively, o� �he ;`";,,`*;�,�•°•�r Carpoxat3.on named in �he f.oregoinq instrument, and they sevext�.11.y � �= �'-!•��s��'� t). '.�,.;�..,.z • r,,, � acknowledged to and be�ore ma that they exeau�ed said i.n�txuwent o� bahalf of °, �'�=��� j •t � r and in the ri�me of said corpora�ion as such of��.cezs; that th� seal atfixed ���� �' ' to said instrumant 3s the ccrporate sea3. ot sa�.d corperatian and that i� was . ��;� '� ti a;�Pixed thereto by due mnd regular corparate ins�rumen� and �hat said �c�'';,, instrum�nt �s fihe lree act and deed of such carporat�on. .� Tp W � WHEREOF have hereur��o set my hand and aff�xed my afficial ,���., = seal this �J day of p� , A. p. , 19�. '�',��� - � �. 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F��, ' ''�' F1.i:.I.�':s)� � .{4- ' 1 f'r "%� �;`';�:,.��;:���,.����;{.� . . �; J�:t�s,(.l 'a:St,�'.: ,.:..'_.:.s. :� . .5.�:�4�,1r :,�'t'ii'z��' a ,�� �' � iS � � .1 .'�si��`>'� •,�•,'�� ' � � � Q �t�t' 1 J�^°'�'r.i�,; �r • ' :i � .�", �i,' ���� �; yf ..4,� y'.�7. '�. . ,�� `�� .:y..`'r}'� ;r'rs:.�,,;' . 'f ` i � � � � ��'' •"`' � '' . STA'x'E OF FLDRZAA . �:�:;- :`'; •, ' � � C�UNTY 4F pYNE�LAB .' :�t�:�� 'f,� � . .� ' �� "����`� f •I . ` • � � r . •� ���.�.. •� .� � BEFQRE HE� the underaiqned authnr�ty, personall,y appeared MR. ROBERT . rr''' ;��'•,;�.-� • � ,� Y4IIN(3 H]�.RTHA B8� �QN, it�FREBENTATIV�B [3F C,_,O,��UNT�',;� PRYb� CHILD GARE �'} � � CENTER OF .CLEAitWAT�R T�^ FLORIDA COFtPaRATZQN v m �+4b bDOy��T Who . �� 3.. �.'•' ,� � • I R.�Y.� t A7 Q i_ tti� s1�i !Z 4Jr,_ ./ ! ,'�>` °_- s - + be�ng ti.rs� c�u].y sworn, depose and say: � ,. '��, :..� ; � � � } �-�:.:. ,. . °�'•�..• : � �� 1. That thev a�e the ownerB of lega� and equitable �itlQ �o �� _' �� �� the �ollowing describe�d proper�y �.n PineJ,las County, Florida, to wit: � ..r;,�;♦ .��'�' '; il '� . ��' " ; �� . . ''' �_ ' ' • � �,:� ��°: �.y The Wes� za �eet of tYee �o�.low�aq descr�.bed praper�y: :J i }"�;. ° : ��. �: . . .. . . , . . .� ,., •-��� • � . • �����>;'� �� � ���' ��'� - � Lo�a 8, 9, tfl �nd �hx�t p�rtic�► o� Lota 7, i1, nnd 12 f.n Slack L ot �he glat �r R't��'� 3°i1 � :.i -' . ;;_:�., :;�.;.�: ::;,:`: ';�<�.: �. .,-•.. �:, iixS�SG08 GARDENB as rc�aarded iA plat Baek 14 an paqes 55 �hrouqh 54 in the tir�-;rri=: •'� - l�� .� `� '�� � Pub13a Recards ot Pinellas Coun�y, Fior�da and beinq more partiaularly :}�;7`,,;:;.s,:-; �:'-� ,'•.; � � d�scribed as io].1,aws: �;� ,.��,.:�;� a ;;~d'� ;,, �' . ��� =i:�Y=�•���� Y` -:,;,' Y''� '':�;,.`3 ; Comaaenca at ths Nor�hwes� corner o� said �lack I.; thence, Bauth QO°03 � 521e .�,`:�,;;.,E,`�' �� `;':;;, .;;t��';; `;;r:�'`:,`� Eas�, a�ong tbe Wes�erly line o� sai� Aloak L{beinq the basia o� bearings ot ;_.;,;,�;.f;`{,� ;�,A '. :.�,::_:,��;;'� ���;���' ,��i this desaription) ,�c� 3.x3. �� feet to th� �oINT OF BEGYNitYNG, thence Nor�h '��':;; �€-;�lc� ;=r,: `':�;.;� �°'',� �'' ;'-':: .`�,�'�' �: 89 •5s � 08" Ea��, for 2XZ. 48 te�t to tbs easterly l�.ne o� said 81oak L, a�,ao , , -� " ; .r: �.` _ ;; =:t;°.=;'�r�'>' �j'}�s�,;;';s'F •'l?'V -`;r' being � point on a curve aon.cava �o �he Northwas�; tiseace, mlong s�i�d ,Y. . ;.::':z�;.,_, • ��: ,-"����' {::�`°:i':,.`,.; , -��..r . ��: :'•.; ' Basta�ly bl.oak ]�ine tha fcXlow�,nq tour { �i ) c�ursas; ( lj theace southwes�er�y ' �`.��,Y;;•, �, .;,;,_ �F..,`t�.'.����,:::' t�� '���'! ^ � � ' � J.: . . . .: �r �• .�,:,ti ;;,.,��.}�.,•. f�,:.-,;,..:.1_::,��� along �he ara at aforesaid c�rv� haviaq a rz+d3us oE 1.96.55 feet, m ceat=a]. � ''�` c o d earinq soutb 's;•_`:''.� ':j;•r��":t�1�.:r �;;�,`°.�;'��;:.,;,�; .�, attg].e a� 29°OB'21", �n arc Iength of 99.96 feet and a h r b 5.75 � :;,, ';'�':,i'�>>;'"� =r;a,"��''���;';i�,>�',•: 32•56�22�� We9t 1`or �B.B9 feet� {2} t2�erioe South 47°25'aS" Rast� �.`o= w.: ,-�-:;;; ��r,;: °. :�' ;?��;;`:ux;"�r�s;`'�rj=:'-'�;:;;�,.;���::��� feet; (3� �thanc� southwes�erly alonq the r�rc at a curve aancavo to �h� � v _ c � ;. t. ,,.,.. ,: . ° i; ; ; ': . �`}.�Y�,�y :'.�? Y;;°' ':�:}�. ',,~:��3.'-. ;>.�r:�<``�:�.� � 8ou�heas� and having a rada.ua o� 942 . 64 �eet, a ceaCral anqle of Q9 ° d2' oG", �r..�]4��y4 r�..�„».�q��'€ �.. �y:;,.'°�;a;;;<i.? ��`'��;�-;, .,j;� ��t�;',';' • '�;; an arc Zenqth o� i59.59 feet and a chord beari.ng So�th �2 •34' 07" FTest, tar :.. i. r•.;r,?.`sa,y ., :.,,. 4.. ,�-^�'�.',�''•;�,� �"?=-'a�s';.��:'��5;,,��:�'.;�_i.;:.;:.;�;:�;-,;,;Y..- 159.40 iaet to a point of x`e�ve=9e curve; (4j tbenae 53.53 �eat a�anq �he a�c =:�;.,��.�,,y : �:.:"•.f; s � ,�; ^ '. �� �,�� .;�>���.� °�:s�:;'�;"�;:"�`1'.'�i�, ot a curve Ca the rigYxt havinq m radiu:� of 58.74 feet, ahard bear�nq oi B�uth �:�`,s'f�;fry�y��,�. ��[#y';'til�' `.;an•��,t•";�:.;ii�� r5?r.:,. 63 °50' 31" Aes� S1.7o teet ko the Southwest� corner o� said B].ock r'Lr� � h n . �• ;11'� ,.��'� ; .� ;r;.,i,f;,:t:•: �-:�.:a. �� � 4 �� r t H C6 �': �t'�, '�.`, �y :;.' A tt Y'��:: ��i'��;::� alanq the West ].ine o� aroresaid B3ock L; Nosth o 0• 03 � 52" West, aZong aaid •���. -�; •��:• '�� •�;` 8 et to �he po NT OF BEGTN�tzNG �nd a n 3. ��:,: r;��,�:;.._-= 3�,'' °;�;:�::��";�:;,,•::': wss� line, tor 226. x�e I . 9 •� :. _ �'��'..:� `. o ta nin 0. S�i 6 �;°'�T..=as: �!�-;`.;,x, ;,; ;`;�.`'�`::'•�e=- ncxes, more ar less; ].ess and except r3ghts�o�-way of reacrd � :�-�.��'�;;':};,.r:� :h?}.iti:..i i ',.. ,.,.,�; `�`,ie;:'' .L:` . y���r.ti;;+'�.'�� `^;. ,�� :,� y .;�..ljz.:_�•fi`,' ti��.},t.', .,,:. , ¢;1L ty�ti.i�� : y�.,�'•. i..�' .. ��;��•f:.ti�'a��. •i��F�a,.�:i;;'�.,;�.; .�:^:•,�` 2. That said pr4perty �.s nc�w a.n �he possession of the record awner. �t:-1T`��k'�;:�, ���t'f'i �� Vr' �.�:t✓g�.»T'•w.l�a��;�!: � +�� �r . :`� . . i: 7.: t:.: it> `v.'ti�^ _-...��.'i�t).'1`S'�1e."�''_' ' �, y����: �tti� :� k'.��r; ;', wa':: i`��it1 f � Y;'a i� : i,d , �' i {�; �e#'e � F�; " i�f' t�: `li�t"i�°.��`���, ��z .r' i.i:�f'yti �v.�;�}�, . � �°�.ht'�±�f:. `�-,s `, . , ,�,, �''�'� ,4'y�``.`�`;i �., , N;' `ii4r'�• ' y' � ' 1 �,. s•:'e.�,., S`.: .���.•'�`�` :�,:��`;'�.;, `, . ,:�� .,4<<sf-; } , . � � � ' •5' f•'•r�r ��1 � , . , ; r:,.s: . �r, f' �.'. Lt�����.��l���r �, �,' ' � ,.�,. ?��i.�'+"`,�A'��i����'�r'� . ` ,' �•�}ii�1l�`����'VijiPJ�i. � ia1� '`�51.�1'A7i��-��}T`/�� +�)1i, �j tr'"�- 7'r��k*f��",1.�}F�'i��.[�i'S �� i I�::� �E':�3��r��t�.��'+,�-�M`°. � 3. Tha� there has been no labor performed �r materials ' fuznished ot� :F�ti, said property for which �here are unpa�.d bi��.s for iabor or materials against ���- said property � except ,� it nane _ inse�� ++none±' �: »;I ����t j�� . �'f , 4. That �here a�e no liens or encumb�ances o�' any nature affectinq the title of the property hereinabove described, except _( i� nan� inser� _'!ncne�_: . l�ow� 5. That a.t is hereby warranted tha� no nat�.ce has been received far any publa.c hear�ng reqarding assessments Ear impravemerzts by any government, and it is heraby warranted that there are r�o ut�paid assessment� aga.�a�st �he above proper�y �ar improv�men�s thereto bx any government, whether ar nvt safd asses�ments appear o� r�cord. 6. That thexe is no ou�standi.ng sewsr service chazges or assessments payable to any government. . . .� ,. � ' . ...• � . . ,:- .. � � � � ,, � : ' �1 f �' � ' �. . i . :3 Y� ,, � �. i� : �1 �`i �'[ IE�' ��?""�±�'i�'"�x'i"w^Xtti;�4'ir.....c�'c;,=,ri+"T.;e.g+....�: -..rr, ��4r�r>...+e�-•f �" �•!a�.-rt..' � �i".5;��-�}trai• �w+ow-n�.,»�ij:��'"'Y' w" ,�'�.s e�." �� ,'�'' i_ � ,i' �i. �. �,.3 ��,. + ,�}°��.'°'.`Y`�, w�i�`3'Y.' ':��' , .y ' ' . y= '.a� �� ,tt..'�ry•;:p�.�t�',E'� '.� ��1�i'� ar7 �':iY� ,7..y . ',�: ^.��' f4'i • ' v' t. 'I:� �' ' • •� �,p H, tiV,' i..e•.��r� f, F 1 i� •.'�`l.i. 4 �• s1'' �1�., � ,) ' c •_; , ti�[' .�� ��:•.;i'�r.i�.'."t^ 4<`:'..1:'�'�Y��S.�y�'�:� • ��, 5�,� Y� � rt'St�� ,:l ::t;��? .. .. ::�1._ �r:.;° _:.i'•.1.�. ��'�._ :'r'.+.. . Ir. _�. .V.:'....... i. . °t...�_=:�. . .... _.,..... :.�€: fe' �..'.�..:'�:,S.:�i: ,�9.�..� �'..�i��i�Y��� �-• [x�}i�.��''4���i. . .t-s '�jy��Il;f:�� �� f�tF� '� �"�;� {�' � �� ,r:r •;i�: �����i��:t �,,;,� , ����!, ^`t��� ��`� L���✓ ,zyV����jrlS'�i ` 1 ±r� ',r'.�:I �F':i±'`':�� �- 'i i 3�'� t �, °,'� •�'�f ;:,'�;1 r ;: `� �.e � � ,� � �.;:F�p���qw��l'�`flls �j'i 't{ :,i:L:: �.. � . `����j����f��a ' ;y,, F �1i �,#1•'�!' ��'if�i:a';:�: �`, .,. ,� � � � � fStrr�' v*: �.%�j:lh:fi:':' �''.% _:`:-`ihi,�`�':e:Cfi;S:'���`�r:kt�e"i � ,j`; .� :' °"y� � ' �'. . •. `^;.'!? r yTLS•:1." 7 {�., r, : � ,1,'_�, ` 1 ': '�f'��'{ . $'. � :i' i., � t�S .4 .SJa,; �4"�' ��.i�;;,.. }`y!'�15.'��/'': r•� ' '�t"�.a�: :i. ;4f: _. �r. rfi;;.•,���. �L. ;'':fi'f •Y1Ai' �1:r's^y�' }• �,i��l..`�iN' s✓; �1:1.��, . b. �:'.i,'�.Y��' . .'��"��':. �.i:��....e..... . . , .. . . f'k."y'. :['...°r:c -?, � ?. Tha� the repre�entatians embraced herein ara for tha purpose o� inducing CITY OF CLEARWRTER, it� agett�g, successars and aasigne� �o Ye].y therean.' , •��-,'`::"�r���� ,;f-i;r�`,'''``' ��r`F� ��•;;,:: ;,' �� Si ned aeal�d and deliveared COMMIINYTY •� ;��x��, ,�,F a �j�l. �,: ?f5, . >; , ..e 9 � PRIDE CHILD CARL C�NTER r,r�.s�� ;,��' '�' � �,� �`=' F ;. � �;;jy; _;' f ::. � � ,: .�. in the presenc� o� : OF CLEARWATER, iNC. , A BL�RxDA : �, ,�� �:`,a• x �;�; ;�„, � j:.,, . �. '`�• , 1 i<•.:�� t-,�,� �:'°. `:�r'.; �' CORPGRATIONi NOT 7�"OR PRDFIT �,,..�y, y� � �.�����"��r�f �,f���� ;,,: '' �i"��y�b�sll:j y1'`,`�3�]t7}��'+'E' ��;i."�' >I�'i'"5 �'�.` � `;� � �'}�,[: �? Ytl,� ' ;;. ':,t5.�;'�e;, ;t ; '. .�'• . � , ��- ,� t � t � � ;.i: a; ' I�*`��a,t���. ? .:.�� ,�K�`� /�:,` `��, �°�'�'.:r,ti.'; ���F+S����i� TI i:.Cr+id'�'✓�.,.✓�u �y ,C/ ;���tr.: `L�'. .;.x.. . .,j. � ' . ! `s;Y�� .f L +�ll� By � ROH RT C. 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'' ,, ' �i� �� i yM1yy � �1 ��..+,, . 2 �V� �`�!�f'<i • `r.. , �' ,y� �Svny�dj:��f ; �t�,��,�`�,'�,'iY��i�y � . �, r;�; ���Y a� �„ � II. Specific Proposals • ��� � , ����� rt: �: . ��. . s �. -� �j �A�'jy3�+ � �°����`��?���r� Matters Effectir� Land and Water Mar�a emeat ... � � � :, k,��;� ,_ � g g . . . . . . . . . 3 , � -� d � ��. °� ;:.� , ��`�, �� s [��� �����'"1'-=�t, Matters Effecting General Law . . . . . . . . . . . . . . . . . . . . . . 5 � Gr?"��, -`� y� ,;�F �,�s��x 3.. .� �`�'F,`+a,����;'� • , _`' ;'�.,�.`�Fa�,tl.�i,,��: � � „�� 1 ��,�-.'�� ` �- 7.. 4'� �}rt������'�- III. Appropriaiions Matters . , b .�F. � {.�C4��Y'.)"�'ri` + • • • • • • • • • • • • • • • • � • . • • • • • • • s • • � t��F�1�•^~�.�s �k !.r ����t��YL �{ • ' �� � 'r�� ��y���,� , N. 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' s � �;'f '4`� ��� 4�:'� �n,;� � ' r�,3 �+���4��"�a�`' �i : .4 ,�v� Y', �� F � (� •�°, k:J�, i 'S' 3n �'»}I �j �"y" 7. � YR& 4�l�;1�Y�'.� n�'� jXvY •; �;��iy 3�� r� � I�: ����� s �.' � �� � ? � ., � � . . � 5� �r _. . . . . �`. , . ., .,� _ �_ Billbaardsl4utdoar Adve�.�singlSig� Rege�lation: T1ie City continues its strong appositian to legislakion that wau�d impose a rnandata on a,Zl Zocal governments tlSat have a�opt�d si�n r�egulations by requiring cash compensation rather than reasor�abie amortizatiQn perzods, Such Iegislatian is co�nter to home rule, cantradicts the intent of the Growth Management Act, zs counter to Clea,rwater thdinances allawing an arnertizatian period and may cau�z a prohibitirre ta7c btirdcn an local gavernm�nt tax payers. Impact Fees: The City continues to oQpose imgact fes Zegisla�zan that would severe�y restrict local governments authority to regulate and collect impact fees. Funding for the imgact of growth is vital to maintaining adequate public infrastructure in Florida. Local Governmet�t Mandates: The constitutional amendment approved by the voters af Florida, is self e�:ecuting and requires no implementing Tagislaiion. Affordah1e Housing - Doc Sts�mp Surtax: The City sUpports the authorization to levy a t discretionary surtax an documents retatsng to cvmmereial realty to fund affordable tiousing programs. Piresumption of Disahility Bene�ts far Posice: 'The City continves to be concerned abaut requirements to pay automatic in-line-of-dury disa6i1ity rctircm�nt plus workers' campensation benefits to police officers who cnntract heart disease, hypertension or tuberculosis. Occupationai Licens� Reform; The City supports accupationaI license ta7c refarms that would increase ttte City's dsscretion in thE Sevying of the tax, the setting of tax rates and estat�lishing penalqes. R�capture Kenton Pen�eIty: The Ciry supports a claims bi12 which waald allow any assesscd ft�nds caIlected in the Kentan matter to be reallocatsd to the City of Cleazwater ar�d Pinellas �aunty. . 0 i -1- 11 � �•''4�A.�'n".�.=sF,i��S ���'���;: ' � �' ;',��°r�1`� �;;�E�� �'' <: , ir'.i}4,` Yit b�'�.� .�•�. ; �����.- t �� ��;°r5j �;��"� Y�� 1 f""`" x�:� t ,i��F; �'�1��s'�r�.`�� �j' : s�"�yffvx� ��;� -a� � .�i:. �Y�' i}�n 1� 7� r , � i ���!��.kc'�' � a ' r'I � t,• �, '4�z s'. ] �r�,�r� •. r , , �''� 7�'� ��9'�;.� r �� f}�P ,��..: � 'F ��" �� � " r � � �f��:`�-4�,� � � ,� 1 r �, � °�d :• .�t,{',�~ ,� � �1 , _I; :(��`. 1 .rS� �' �' � ' � ;t i�.r,�.�A�.`!i� . �� .. . . ,r �; � � � � , � �- L :`. � ';i� � , ':� ; : � \� ;;, �� •.o 'o. . F�.+sn�si'�.�o. a`,. o� . - . . , . � . r ... .. .. . , � �. , , ��,'r. -�----�- --. .. 5` . � . ' . .:�.,�.�r...,,.r: ,�......:..L. ���w.y.., .usfiW�.^�M1_rw�Wqf"(5'�. '�. 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E Y ,s• .,�, � ; { ' � ;: � v w � � .. � ` �� ti'i`� ''}'�a,yy� ��}�,.j�r'�.�r�i �,1�-�yS�,5,,,`'� '. �.. . � � :� 1.Fr%'�:�lii.t;t�s�.'!:!� �. J:�.-.w_`�i � �.F;�,'�{���F. ':: ��'::� .. � ;'� .� .L'. 4 fi'i�k �iR�f�,�,: �-i'�!•`,`n�; � �: . .�_'z; � �;�':; ��� � i�}� �� � `�"� r�� �s�. � � a � Services Tax: The Legisiature has consideced passing a farm of a services tax, wt�sch could adversely a.ffect fiIm ar�d TV productions. Knowle�geable sources related ta the film and TV production indasiry maintain that no picture, caromerciai or TV shaw will be filmed in Florida if there is a services tax. As the City of Clearwater is working to bring film productions ta this area, we would n�f to carefully study all tl�e implicatioas of a services tax proposal before taldng a position. (Public informatian Office) �Campressed Natural Gas: The City of Clearwater wauId suppart legisiation that wauld encouragc using ComQressect Natufal Gas as asi alternative fitet. 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' �' Ve ' �".:."y� ' � .;•' ;�..�'`cj•;:{�.:;'.';R�, t; i;:r:! � �iie ;i..�: : : .7�;�;�^.�: jFa3!: ,.Ff3.3�n��:i.:� �i't.il:;:�.':�: R�� `>..i�=ti� i�r-� • :7. � �'� �'�.' ' � i :#�.y` �i4� :'�':j,.�`: �i. •-:t: ,s .�..:f.?,r� i�,`,ys•.qA� �L 1�.:.'+;';ar':'� :�. � �.�'����.il��'k�','.�r'l"�ii:_�t ,'�,.•y�.'"�`a"�+'S.�'�'_ � 1'i..� h . `'^I_.�1 �,�1 ...r... .5 .:. � �'. • ,?`, �T ,e,3 '. �..��Y�� "�`;:1��'i '��r:s;',.�'.;,;���, � '�Y�i.''r�� '.i:,•', ='��k�Y__.7.,�. �-,i,ar-��'„t : �l" �- �ii;} :;: •'fb.dt��f�4?�c'�C.{•S' .�.'' t�tl•"•.�'�yt:i./.iF !�,'��'�'l�- ��a �;��. .,....yi .: ;..� . �P3 � �;� v �```��%•'r!%':t "'c.'�t' i'�F'`�'� _��i, ,i .f' rf'�•:�fz� `i :ti:;� "-,;.,;,, i �',�c� �'�k �' �l4; � '- '."":�1 ..�fa'y � "�i.%X, �Y�.e;l�r� •��e- �i,�.�t� �i.i L'�t.r'��� ?,j'+�' � � �� :�'� s'•, �. :;'.:; „''rs. � IiI ��� E� � ir�� u � � �! Equitable An�exatian af Et�clAVe Areas: Consider amending the annexation statute (Ch. I71, F.S,) to authari. e the annexaEion of develogeci enclaves, i�' not a11 enc3aves. Protect the inte�rests of ovvners of undeveloped enclaves, or enclaves develapecf.. at a low density and requiring no municipal services such as water and sewer, if a mechanism can be developed ta provide such pratection, (City Attorney) Permit i�voluntary ann�xations with:n tiie s�ecified target areas within the variaus City af Cleaxwater PIanniag Districts. Anriaxatian wou�d be permitte�i after ttie municipality prepar�s a study assessing the feasibility of providing municipal services to the aceas co be annexed involving a capitat improvemynt pm�ram commitCing the local governmcnt io providing such services within three years from the date nf annexatian. (Planning and Develapment Dcpartment) Sec page 9. Substantial Improv�ment: Amend the defini[ion af "suE�stantial imgrovement", as se.t fartts in Se�tian 161.54(I2), Florida Statutes, to delete the phrase "cumulat�ve total of" from the S0� limib,rion an repairs, reconstrucdon ar imprnvernent of a structure. A1so amend tiie de%nition of "coastal building zone" in 5ecdan 16I.5�(1), Ftorida Statutes, fo include Tampa Bay. {Pla��ing aad Dev�lopment Departmenz) See page i€3. � �f • }� , � �����'' a � s y,t. ? t. a � y YS��r�A +'!��.t���i E ft3�:t�;. �!•r ^� � ��rr;'� ; j;� ,:+�y : ���� �_! a} 13 ' 0.,� .",'`i�+( ��r j �f��, �.�� ti�+:t�,.li�. }'i ` .�i'°'�. n ,} �.',. �' : f ty�� 'r t.; �:j�� L, ��.C,�; .,1.`'� R ,'���i �. �•.� ���. .'7 `i, r� !:j' `',.� . � . i ! �• ,�+ �%►', ;.� 15� `yi1:.u; a 4,` 4' �. �� L �e1.��;,��l��,j�}t;T�.q' ;. �s� t ��'i� h + �[, � ;µ • 'M�ii;?4�i���3�`� �'.s f., r ��,��;::t1i � ��,� � # ,„Ja.ie.;�tf>�'�� 'f '� : ' '.s.y�uy���. �• '„��{�'���r'LL.�+T",�di 43.� �i ;!;k�4�"�,u" * ; • � �A.� , .� t!Y� ,S �ti:°� T* w"��:�e�� A� `W Y �:�:i"�-.� , a � '�• i.. � i�i�•� �L§! {'y � ' � f �,Sh/^.p`,�;��� i�c• �� �; y ' #'yi�� ,�[;�'��{-r�V �!� �i, � '.F.� I '� �� � 'f�• � ' Y A� � ��j'' ��f � �i • y i�'j �h � �� � � u• :'� �''�,Y i` �; �, �+ M :�x': 3�. y�.. �' .. 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'•,`' .'t.i . a ' � "3„� '';i ��::��,: ,:. ?,�;,.;.,. �� a2:7 `���'��:: -,7 � ''• � A.PPR�PRIATIaNS MATTERS ��� _ � , ,� r�:t � :•,� ,=F,.`;;� ;<',�i�, u4�y � .,' °��:�} ^4�''. •',.� �.�" . .. . � %� ,� ,. �:Z�Tij�h`P: '�,1,��t'��';�h�':•�i '. +�- - 4 } �.� 1�•: 1, , �:'`". 4'•r `,�� t# r�f;,;�,r'�,�":4y"1 `"� y<;' ` ' : ` : ,` � • ' �, ' � 1� k ' f �ci: �� r �5:��:.r?'.4iiF.,'�: .' '�' �' ,r4 �' f, ,^ ,�.e �S4 h,,,^: r�. : �'•��' ` `�= ;�':: �y �'�.�"�"�''.� Clearwa#er Pass Bridge ��� >. �, ,,�i�::',,,,<,�; ; �. :s`#=�°"'. `�'�'f` `���_`''`�`"j4 The Flarida Department of Transportation is scheduled to fund tiie conswcqon of a new bridge � ;,�' ,.,.����: •:�•� -,�•��.. ,f:� , �� � � x'`' in�'s y.; ��x'`�''".ti r.Ut' � ' �°'r:"� ;�.�y� L,� �;�� in fiscal yeaz 19921y3 at an estimaceci cast of $18.5 million. ';�°� � a}St:e.:1^� ei=c�.,�:'�'rt.•Si,Y.`.�;; }' � - � i � `., : b.� l�. " � ��,: ' ��� � >;_. �}��. � ��f_� � a � � c� � � � i 47 •�S, F:i History has showa that the FDOT can shift construction and funding priorides in its budgst froin year to year. It is crucial that the funding for this vital trans�rtation pro}ect remain as pro�rammed. � Drew Street �Videning The City fully endors�s the widening of Drew Street. The City has commit�ed �4 million towazds the averall praject, and asks that funding be pras�ided within the FDQT wark program. 1 � \ �� ..� .� ��� ;� ,..� ,.} ��� :.� �:� ..:: �k � ,,� � 1al � , � v . .x.r�. •_' �. ,; r, •,w� ��:�� , , w-.s«,.,t>.��yr�i�s.a��,��`rr��r;� �'f;'.!l�C�;ta�, ,�ti+.�,'K`i, i+< <ie y�' ;'F!� ��`�' :3' �� rft-.yv �°�"° ;,�� . . . 1! . � . . , . , f F a•.+.-�,'R.. �* ..,. ��n,, ,'� �- � ., . , ;. � .. .fy �„ . ,yl.; •:� ;� ;.'#. • � � ,�' _ ' ' . 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" �'ti;., � .��'7t� :i��.�:��r �i� Y ''i�; J, _.K`lr�w,��i�t..;i,a,�t,; ���.; �.�,', " ,� • T. .a� ti#� �j � ,,. �'• � I ��v ?:��•i ;�i:' }d7 ' �!,5'f�T�, ..M"�,'.'f.��;,1„ w • (�• . .°�� •'�'r t v� �SS�''�:Yr: , ;, g . iLr •.ti`a �S .oY�'htt. t 1°: .: i'_, •. � �+ .�. ..-+ ... Y�4 ��'�� �;.�:i=i� •4Zi,4'i1�%�;,k,ti�.i',•���5''"° � :'.'.:h�§. :5";;';�i.�1R'S�;af t'> �,%; �`;"�''t�:• ;', �4��. l� !� I� �������� � � � I�'J LJ For c�unti�s coniaaning 5(?�,040 or mare persons, State Development o� R�gional Impact (DRn legisladon permits higher threshoId intensiiies for affrce and i�otelf mote4 devejopment in arexs designated as Regional Acrivity Centers hefore such develvQment tri$gers Uevelap�ent Regional Impact review. Tltis ha5 a defiaite advantage for qua]ifying communities since it can cansiderahly shorten processing times for ]arge scale developments. If adequate public services are available (as required by Iocal concurrency regt�Iatians}, t4�is concept should be extended to retaii and industrial develapments as well. If Xetial. and industrial uses are e�igsbie for incl�+sioa in R�gioaa� Activity Center DRI thresho2ds, the development review procedures will 6e greatly simplified for qua]ifying developments. The Regiona! Ac�ivity Ccnter d�signation requires Department of community A:Ffairs approvaI so there is adequ�tc gublic input into scrvice levels and development impacts prior to speci�c develapment propasals bes�� c�nsidered. .:y� :-a�t + � �� F�ctend Regioaal Activiiy Ceater threshalds to retail and industrial Uses. � � � � � t .. r . . � . 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S �,1�. ;<��,. �,`.:�_ •.'re:�:�'�, r, :t;:ir. 4: ,Cr �}1' (r � �{%5,f' - t y+,-,: :;i,`� �'i,.'�', � s� :� 5;,�"i !1��i� ' � �W„�� , e�7fr}�i. �11. 1�,�y..i-,aj�ti : ,�y�h.�j '1_.':,�. � -'lil�}'s;s� s?��:J`�y.��..;r;?�r 3 t�'i�f_�X+�',`�'�'-• � :; �=i�. , ,. � �. .; ;;�.� :� ti.` : r;; � �;,�, :��:. pr (( Y�� � �M�� ti� r� i ��� � �� . 5 �`,{� . �� A4 � � ` � Permitting invol�sntary annexations for "encSave" areas within Pir�eilas County wauld result in improved service provision to county residents by promoting morc efficient and eff�ti�e pro�ision of public services and reduce duplicatiar� of scrvices. Involuntary ar�nexatian for enclave azeas siiould be permitted only after the municip�ity prepazes a stvdy assessing the feasibility of providin� the fvll rar�ge af municipal S�N1C�S to the arcas to be annexed, involving a capital improvement program committing the local gavernment to providing such services within three years from the date of annexatian. I' :,� •�7 � � , ; , � � 0 Revision af variot�s sections af F.S. 171 to per�mit municipalities to enact involuntary annexadons within "enclave" areas within Pinelias County. �$. � � ��'i!'� .' '�ve�i:L��,`-'dw' �c- �;x f��;;: ;� � f�;��1y}'�' . � ;�'����"`°; � ��,�,���;��'���� ; a�: �:; �'�:�.�� � �r� �Y ��'� =�i' %�; • PY ��%�: �'}% '�y! ' ,`" l 'ke�; �l�i.:;i'� fy ��,' .., � h. y1��`�t���'yt t •lY ��'�„f�'�ty ry�� w .�('�' r� s•�������,�� ° ��ti i ��;',"•'�3"���}� �� ; :i �r�1 �.. 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' •d ..�` , ' :' V i�1�� ',N`�31K.f�,� • A' ��, 5',...�..���� ., i..i. , .5t; i � f i�rr�� w.,.j � Y' i��%5� I a . ��• �(,.�1. �` _ )' ' 3 y snF. �.�1�^;n�{i` �}H��i+��':�' rt:. � �;;" ;:,R;�,F` .� �,;. .;�.5'� `5'. � Gity of Ctearwaicr ,af ;�;��� u'� a�t���� ` ' i };5;�: s- ~ �," : ,k,',. :. 1992 Lcgiilativc Program r�� '!�,.i'� �'�r � ��; , .y .. ,,a�• �• -. } , .' �:::; :,. r ; . '� ���'y' �;: � L `}�i.� �' 1 ��k, �t'', `:�i:j'�° N;.w I:i s ' �."`.- , �' ,�� v��: �1�j 4 .3;. � h•, �,ZF� �" .p; -'ti`� ;:�:: �"�o�l:.'.i..y •}, �1 � �� �l yi! � }�4. ,.�� ��,,,. � 2 : . , �;�-i�,,.. ,,,:�,' , . . 1V�atters �►ffec�ir�Lenc�l .I.aw ..,t �'+ � , - ,�,� �_ ',�.. "_•.,- . �� . �`r��' � '..� ; �? ;� _ .� �r.� .i ±✓,;.� i� ;�'•s� ��:.�� .��; 1' � -t��''?< . `��� � �' ��siiy�.�."1°'`:'i;�,'�'��'�;;r` .�{ ., °;_` ..a �.n �fil�� r ( f r .,' �;..�'��b �`Y .,,�.�h '�'�' 1 '';�.fK �'•,�� .i} :,`':•,^':,;., li�iL+s':.r.��`'�, F� ,.II':: �!'�i .ft'1�;� s; l+. • �_.. r.t" /- ' ✓ V'�'{?n��»`lt��n° ri. o `;y_� .i�ri,::,t:. �'',.-i�, �,_,�. ; � . ��k ����i { r�Ky ti� ;. 'i' ^,>. ' te� � t� ;��,'" , �'�� s�}� 5� J�'. �°' .� +��.r., s" � . � c !�, r � ,.r � �`���y � �:-� '��:�.�:;� : ` � Shauld the limitation on "substantial impravcment" in the coastal buitding zone ��� '��T� �°�' � ,. i����� ,l'. €,; •, ..,, 1�.`t''�': `r�•�S ' It u �j:1i? �a�• � �' 1 q ���. J �:� °- �'`' �.;��`��'�' _��°. ti= b cum I tive? Is shn Zd e c astal buiIdin zone in lude tho c tal �� }�,�.:�� j � Ft ,�;yf : ,� y u a A o u ch a g c se oas �.: ,. .�. =�s; • •'�:' `� 'Fay} �• �''"'�''..::` � f �� T�i'Zi.' •'y r7 T hti: '�i.' i�'�i "i.;FFr '�I?'f'.'J , .�V�:y �i;�yff c f .✓ v'if � , ����:y�� ina;`�• ;.f`�;t� ; ��:.�..,:::` areas fror�ting on Tampa Bay. ��.,� :,� �.�� .� � " ` t `� � ��.,`�� c� � r 3 ;�: ;� :r�""�':-�':t,��� ;:;";'',: . ,3 . - t ,_ a;:: i;: :, w: ;: � :,:..,, .. ,, � �- . .L : � 1.;u.,:'. "y:�i. � 1, -'�S.-E�:.w, �. . �:af�� � ���,�F►,. �y;. !. �t �ty5.�.��1.. £ i.; .1 ., V �-y. i ;,;.,, : �;aj�" ;�"°�yh''"` ,� � , � ��, :` .,, ';,.; � �;,<'.::.���.�,.. � Bacic�rQ�nd• ;��,.�#�,�'; � ;' �� '�� �. i=:,�•.. ;: � ., ,�y� � � . t,'µ�.s. 1�%::-:..;;,+;';t �y;:.;;':;s�. lAt r. l. '��i l�i�� T' �� ..^Y���'•�' :^ .� � fi�N�, R •�s }���x`�r��'� t;� C;.� i�l�..i'�!ii� '�'I� •'�:•��1'',"' . . . ii�„�i��ti�, � 'j �� � � rF� �� '; `'.. °`-"r��r �',: .��' ;� The C astal Zon Pr ecn A t of h e� cod�fied S t� 2 ': 4�: , �' j ;;�'' ..�ar. :��, ��,��,�' o e at on c 1985 as b n as ec ons �61.5 :_t k�,��� �r� i ^'�" ' �.:3:,;��.l�'�:I.y � t i L i ;�`�, �� ,I� L.F v ai�•�"i .i.t: "•• ,:i. r � 1��,f•.: , F' u n �, �'� ��°ce � �'-� ��������� •�±;� through 161.58 Flarida Statutes. The coastal bnildiag zone is defined so as Y���` ��` �� w', ,�!,:{°, r�'��:s%�.f:c..tN;. f �:�:,ury-e. '� ,p,i�� }.�N;� ' '� 4 ', . ,. :- >7 ���i' �` ;�i j..: ,, Y ,�.; .:� a , .it'''y, ',r, r ., y" ..c ¢��+ji ..',�'-� ;;,�c' ;:<:�;.:��r;;� �;-.: �,,. -, to exelude the coastal areas fi•oating on Tampa Bay. ��_`, r��������_ �i3;����', � °"i'`-.+`"'�'� E+'f F=�1��-" !.'<:•��,,':�.�E: :.w;-y ��< ,+;u�• ��y 7 l'i.w�yR:`�i;� ,-i:�f i5• F,�; •''s':'' � y i��i�j,;,��,�•TC;Y�������'���' 1 �y �et��, �;'4 '� Y,�, ,� ,:-�,xn.,;i-^. }:,r�,' �� f`y' ,,�T.�ii,; t'.:�,�'� i [ •:�a:� r4 � •, � i yl.• ° .' 1.1. !]r r�. r. . � 1 1 M 1"5�":"rcu S.�o °� . },,�; ��y• •i��• A, i'Ir' ltii.•r+"` S�A Within the coastal building zone, t1te constructicn qf houses and other majar .�:-w•y�,�{�t�:,}.�;�t����� Y�. � �:�d .� �r�' y,r•�:��•':'av,?' r.; � r.,:i�r. Yt4?r�it'�ritia�. i..�`i��. ,.k � �;�,•;: a,n�:�',r;:,� � :-`�::��t;; i J.:Fy;�;:�?,�s } il� i,ir': 'r:+�:�j,'.�:a:�t�y',_s ;yit.F+':1 • s:'r�r,: ..:';�,ii-.; •i. ';:��is �{.`' � ..h{3. •``x���y.�� yryy.�r`.i �; � :'4'4 f�","`i �L`:�'fRi) `!1`.,4 r]`.}�r� ,:1i �..)i. ,. rt r(`=.1�ry.} `Z�(j�1 ft�•��' .'1./�}:.4'.�^t,y'v �A�S °T4 :•.� Y/-T':h! k�"'�.;! Y'�!, � �' • 3 � � t , � ���,� t'� � ,�'�� e. r ; ;,�. •: ��' I�:s �, �; ji�:�`; �; . .•;:� • . �*��r+T{=:�47 y � ��5�,� "S'y� �4.1.�.' 7 %� ,�5�%'�`�_ ''ki��'�'ty_C c7..a� �'%'".;, s� t e1 „>`.",`"` ,i<� �. j��.,, e�Y:=.� 3 r;:k`Iy-ri���f;r�.;, �.,�r' 7lj4 'f:�'�r.�.�s:�,� �' �a, {L \ S}+ y c!.. F•���..} �t'R5� ;jII, ��'�� l':.�.L" N". .SS:'.., �'.-y�.�'. W�li�[4�a ' i R�� '`.yl .`�. `Ld ' S)?.-: ���,�%� �r �����E,i�� ti /�� yg. y .;, � i � A�� �t�r�.i�4•'1 J�_IF'}s i :� r.: w ."�I : . l�J u � structures �s to be in compl�ance with Nat�onal F1oad Insurar►ce Program requirements. �"Coastruction" includes "substa.ntial improvem�nt", ar�d "substantial imprr�vement" is defined to include any repair, reconstructian or improvement of a structure, the cost of which equals or exce�s a cumulative tata� of SQ3� of ti�e market value of t�e structure. The definitian of "substandal improvement" exceeds the equi�alent provision of �edsral law by iricluding the 50°l0 "cnmulative total" limitadon on repairs, re�anstruction �r imprvvemer�ts of a stn�cture. � �'a ' �1 � � � � � � , , � ,. , � , The SO% "cumuiativ� tatal" kimitatian on repairs, rec4nstruction or impm�ements of structures in the coastal buiIding zane has proven to be dif�icuIt to enforce at the loca] level ar�d has been the subject of cziticism from property owners and a Iawsuit agai�st t�e City of Clearwater. Because coastal azeas fronting on Tampa Bay are not ineludeci in t�e de�'iniuon of "coascal building zonc", low-lying areas shown on flood insurancc rate maps as being in tlse "V-xone" aze in�lud�ci if the property fronts an the Gu1f of �� � a�: t ,t: �� .� �� ; s ';� f. P ,r �; � i F:.:-�1 , ,. , t: ,� ,�i;�: �� `� kS � ��. ♦ �ts`t°��ti /�` � �.���� � .�+n'j;�ry"�Y Hyt�.;�r�,r. W�;, i ., },,'� f ; '�! . i=',_ '.'S � . , e"��1 ' : , r , � . . 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N � � ��.,r,y��;: Yl�7;'.'t':i ' ,1;'1 ��,_�' '.wx1�'1�'I�:;'�':^a �4�:s%s` ;s';.��•'�'':y;• :•::� 5 �e>� '' � �4�Ps S'. �f � ak1��j �i�;, ��te�.r�:''i�:. ,, . �, �,�t, : �';-. F ,�i ' �• s,, .� ;,,,... � . : y�.il�C` t,51'._.;:wk.�F�T!. t� xi. �•;:.•,..�: ._, ,; � �1 � I, 4S' � F �.' � ft ;i- .. � � � � � � � � � � � , Mexico, but excluded if the properiy fronts on Tampa Bay. Consequendy, thc coastal building zone requirements do not apply to the east side of Pinellas County ar anywhar� in Hi3lsborough County. R�quested Le�islativg ActiQn: Amend the definitian of "substantial improvement", as set forth in Section 1GI.54(12), Florida Sta,tues, to delete khe phrase "a cnmulative total oF' from the SQ�6 iimitation an repairs, recanstnzction or improvement of a stru�ture. Aiso amend the definition of "coastal building zone" in Sectioa 161,54(1), Fl�rida 5tatvtes, to include Tampa Bay. The Clearwater Chamber of Commerce alsa supparts this actian. , w ` �� l -10- . _ .. ._ . . 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' s'�;� rt='.'}� .':i.r, j:.�"�k;� ^�;:1;Ct'�;: �•�! f.�''i 'C.'�'�°•}-r' 'i::)'.', .s;iY•�.'"•,`ai`1 �� .���e`i1 ;s" : 3',-: •i. , .hrsf,T't'r �s�'��7��v'p s,�'�'fl'�'" ����i,.'e.�,:�e' } ,_s;k,� �Tr �..: �. 4 �'�:, r,'4 .:%'., �_ � �F ..}:i' "' �„;-��,�'Ij� jr- ' �`�����,>��'::ss:"r�S::7:`?� ,.:� ;' . ,`�3 � :�f�._'_�T.4r.;R1�i: �..'.�,;��:'iiy�i,�.':_���if•.` li'_ :�•:f� � ::r, '�` �,e � �� i".', � �',r� ` ,' �,,�r. � ,.;,°; _��,: �,+t�" � ti�;r� �t, �. • �! c �_= �, <�:_� ���; : �f„ff � � �,y, .t,_ � a•�. �.��� li:'". Y�'� �, 7�p� . 'M Y•'�' � !� � � � a . . � . .. , , ., 7S]iL`ti.'+Yri .3�'14 4#�R�a'.; � - - - -- --- { - ' 1) 'T�e Countywide PIanning Authority shouId be reconstituted. The intent of the Ivcal bill in 1989 was to create a separation between the Pincllas county Boazd of County Cammissioners, the Pinellas Covnty staff, the Pinellas Planning Council, the County Cammission acting as the Countywide Planning Authority and the Pineltas Planning council/Counrywide Plar�ning Authorifiy staff. However, given ihe procedures that aze currently operating� that sepaxation has not occurred. An example of the problem with tl�is situatian occnrred at the Countywide Planning Authority me.°dng of February 6, 1990. The executive Directar of the Pinellas Pianning Council David P. Heatey made a presentatiott for "staff." Then Brian Smith, the Planning Directar of Pinellas County, made a presentation for "sta�f." The County Administratar th'pn spoke for "staff," This pr�blem could be �inimized by simpiy changing the makeup of the Coutttywide Planning Authority. If the cauntywide Planning Authority was given two additional memb�rs, it would be clear to all invoived that a boazd diff�rent from the county Cammission is in session. By adding �ne member from the two big cities {St. Petersburg and Clearwater) and on� member fram the small cities and as+�+�ally rotating appointments, the County commission would still have the majority of inembers but the ather go�ernments would be fairly represented. This is a procedt�re simiIar to Chapter 1b3.330, Florida Statutes, which establishes che "Community Redevelopment Act." Under Ftorida Statutes, Chapt�r 163.357, the governing body caa act as the Communiry Reiieveloprrient Agency by ad�ing two additianal members. 2) Sect�oa 10 (3}(b} establist��s a rule for the consistency of local �overnments futurc land use plans witii the countywide future larsd use plan. The rule states �at land use plan designations are considered consisterit if they aze lcss irtense or at a lawer density. 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Locat governments' future land use plans shall be considered to be consistent with the cauntywide future land use plan if the local gorr�rnmeats' tand use designations aze �ual ta ar Iess interisa ar at a lower density than what is established in ti�e counrywide future land use plan. If a local gavern�ent's future iand use plan provides for asi gq�, ar a�ess intense iand use ar � lesser density, the local p�an st�all regu�ate aevelopment for the subject praPerh'• Requested I.e�isiative Actia�: .yi'�� � �S{~ ,:��' �.tq .; Q��a�x � �{�5 t' ±� y44j,G � 2'�tw.' �!+' ?.1 1 •��• � �� �� ��:� '���� � � ��{i! �5 �� ];* �� ». a � ' �a � � . . - � - . .> 1 , , . �t , 1) Reconstitute the Cou�tywide Planning Aut�oricy to ss�c�ude membership from oatside the Pinellas County Baard af County Commissioners. 2) Revise t�e �ule of co�sistency to permit focai g�vernment fUtur� land usc plans vvl�ich are �� tY�e countywide future Iand use plan in terms of density or jand use intensiry to be judged coasistent with the countywide pian. _12. � : YJ` s f} f J(t53Yj��s53L�•' � !S. � �<<��Iil��i�A��1',5�� � . . '' ; ' .� 7 � -J, � y f � t' ��: -;�i� ��'�� � .. �: �;•,; �jr7�� r��'�� �' 1 '1:�� � �'. 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"•�:��+�..'tir�.,�.:��t.',:i�..'P. :: ' °.,`�!�:,�'�:r= � ,i. • ����,l�,�d;�� ia..�.....r .. �: ,, �:.:y�,;�,,�' .... �;Fr. �;�;...,-.,'. . :v' i',�;,ry �%f..;;.°�.".:tSt,_{'P�iM..!:'�.'��x+ ;„ '. ,-�., <w' � ::. �•: �:y��� �t�.�11::'�� �. ifi'u; � t•�r'r�`;�;•,_"`,::�' �-:�i `€�� `•%i;( � i,.r:� � ,, �A k�+ ':ey:i•`����.'.:�]'3, .:�'.�.:"` .y ' t ' `' , �.. �.. � �j... 4 Y�°b.." t, f: f ,1 . � i • � �c: �V V iM1� ' �. i , t: . �:1�' .,'>. � .:� i. �� i„4 Y:r:l. 1• S :. };i .n-t. !r. .f.%�`�4•��,r3.?^:'... .. 'e3�yrt'� A�}'ye�>. LFt'1,; '�µt'� � �,•�4ia���(��:��`, s''I��l k�•'.���~u!�.�;�rd�s�•.�'.1.`;�'`3?�i�r;'}Sit.a, .. '�.�L}�: �4Y. r^� .1. . ...._ ,� _� .,. � m s�yz ;.:" . � �a.,,....• �;�; �.. �; � � ; `=,;�'_;': �_.{..:,., ;3 y�r,',�''` � f� ; � ;•r � ���'il.l�� :�'4;�=fi:5� ',l�y'AT�:.`.' s.i..�:,�� � ,N,.i,.�:.��.1:��`�Jy:%' ����t:� `i=i}i;i���'�� •.'�'lj:�,f,;;'cr� r5>'•'• F- �' ;',i;A.;;.,�-,.,;f'��:,i :•;-:r'�,:;h:�?tf?Y?i± �'t•1 .. ` �.1'd' ' Jry„�i�,i te✓' 1.�.."Y� �wt;.;,..� ��Il,t.'`. �v�.. }t� tl •. '3.r'�p'} �. � i;:,4; •' „� „i, '.�:'�.�, r '.:i?'... i': �Ae';1� {� `,,:���..;=3:"lAYi`'. : , ;i. f:.�ft.4. I �f C..' VI �•f'4 «�,"s,}'F h 'f ' i �Tit:•�i`e'_.�_�:�.��?..1�'1�;f:j`��`.'.'<;'r.:�. MW B�ck�rounrl: Tn 198�, the Legislature amended Section 163.31$7, F3orida Statutes, to pxnvide thai amendments to comprehensive plans may be made not more than two ames during as�y calendar year, wit#s certain iimited exceptior�s for "emergencies", de�elapmeats of regional impact, and "small scale development activities." The exc�ption far "small sca.le development activities" itself has a cumulative cap of 30 acres annuatly. � D!$cus.l�oii: � ; a � � � �� ,, �� � � !: � �i$; .; . r: '� a � `Ft i� 1'd I..S �i �����•r• '`..'%�; �� f�" �a' �'r �., 'r Y • �'�' � Because af the "hvice a year" rule far amendments to ti�e campr�h�nsive pia.n, pIan a:nandment agplicatians crea:e a backlog of files. Semi-annually, this backlog of applicatians descends upon the City Commissian en masse, creating t�e ne.�d for a maraihon me�png and preem�ting the time ordinariIy reqe�ired for oti�er City business. Because of the rule, the City necessarily establishes dradlines far plan amendment appIicatioas which allaw time fnr the required statc, regional ar�d caunty reviews. An applicart who misses a deadline is re,c�uired la wait up to 13 mont�s f�efore f nal action �n be taken on the apglicatiori. The City has observed na decr�e in the n�imber oF p3an amendments requcstcd �e�t�re and after the ruje went inta effect. Also, because the plan amendments alm�st always relate to specific parcels of property, as opposed to general text amendmerits, the plaul amendments cantinue to bc considere@ an a case�by-case -13- \ � . j y�Ks:l .�;�al� HtCI ;1 �l��Fk:.. �1� �.,1��;��xt�5�'�vtyF:� J.. G.: k;�M�.y::.`� ��.�'i'. i,�?^.�. ' �.7 :�s�I��Y.iyr'�.4-Y�� ir. a:��� '�: �,r:i.:,;-� .����,. s,�`'�.�. �. : 'v��.�� =���s . � -r: r i: ' � � �+`;� ��, . 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".�,t�'.., , � 9 � � Q � i� � � � � � � �, � � � Bac rounr�: In some cammunities, the pracrice af "cruisin�" (or unnecessary repetitive driving} has Created a serious traffc flow problem. On Clearwater Beach, cruising has created a s�bstantial backup of traffic, interfered with the orderIy flow of pedestrian and vehicular traffc, impeded ihe movement of emergency service vehicles, polluted the air, and oiherwise endangered the public h�alt�i, safery and welfare. . in respanse, ti�e City Commission adogted an ordinance regUlating cruising an an experimental basis. The ordinance was adapted in May of 1991 an� is scheduied to expire on Qctober 1, 1991. To date, no citations have beEn written under the ordinance. Betausa the ardinance was nut in effect during spring break, the ordinanc� has nat really been tesied. Th� ordinance may be re-enacted for another short-terrn period to covcr spring break in 1992, 'I'�er� is some question as to whether such ordinances may be adopted on a permanEnt basis, r �� 5 In the Unit�ci States, only twa cases nave been found in which the validity of a cruisir�g ordinance was challenged. In 1982, a California caurt declarECl a cruisin� ardiriance invalid on ti�e grounds af state pr�emptian, in Aauilar v• � 181 Cal.Rptr. S1G (Cal. ist Dist. 1982}. Th� Cir�►`s preemption pmblem was cured th�t same yeas� by state legislatinn which authorize�i ordinances regulatir�g cruising [Calif. Vehicle Ccde, Secdon 2i 1�0(k)]. 0 -15- S. �. � +) ' f!r 1 i�A')•R�F:S ;'.! } 'i+14. 1 t ��" :.� >' . flt I S,°`i9v, g�ifyA^,�►,K'�i i L �•;,.'11i.''Y st����r�f..i�,l�`:�x „4' '`}; •'�' .:�;' �,1Y'^Ci ' . 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' u ,�t.�", ��� �. -�� . : „�� `�,�'��"�' �' € ' ��` �i �_ , .�;�, ,'� �1:��,�' r: � +• y ` �f ,?t (j�j �^ " y f� u+ 1 � " t �� �{ � � �. In Fiorida as in alifornia befarc f 9g2 there is me u tion as to �vhethe an , C , sa q es s r ordina�ce on this subject may be enacted permanent�y. Traffic regvlations are to be unifarm statewide. The authority to enact local tra,ffic regulations is found in Section 316.008, F.S.� which pmhibits cities and counties fram regnlating any matter co�ered by Cnapter 3i6 unless $xpressly authorized. Seciion 316.008(1)(t), Florida Statutes, allows the "temporary ar experimental" regulatian af "ernergency or special conditiflns." The CIeaiwater ordinance was adopted as a temparary ar exp�rimental regulation of what the Ciry Commission found to be emergency ar special conditions resvlting from the pracCice of cruising on Clearwater Seact�. . The Attorney General of Florida has renderea an opinion tv the effect that municipaliues lack the authority ta enforce such 4rdinances on state highways. AGO 89-36. qn Clearwater Beach, State Road 60 (to the centerline of Mandalay Ave�u�) is outside the scope of Clearwater's ordin�nce. In same cities, cruisiag �ccurs primarily on a state r�ad and this apinion has essential}y eliminated tilis typ°, of ordinance as a means of controlling the problem. Some argument cauId be made that Secrion 316.008(1)(c), F.S., authorizing local autl�orities to regulate or prohibit "procPSSions or assemblages on the streets or higriv�ays," might authorize a cn�ising ordinanc�. However, the California Gaurt whic� threw out t�e Las Gatas ordinance discusse� almost identical statutary Ianguage az�d rejected this argument because the ordinance apglied to che individual driver's beha��iar, irrespective af wfiether the dri�er is acting in a group. : :,� :.� � �_ � Consider amending the traffic cantrol law to aUthorize cities and counties to adopt ordinar�ces regulating the prackice of cruising. Alsa, autharize the enforcement of such ordinanrxs on state roads within the boundaries of cides and counties a�opt��g suct� ordinanc,es. -lfi- � � r , � ,, r ��. �k� �� .. .i'�� �5!� � .�+�¢'•';'�'�i ��?.:.,�;�.'qr.�� �" ,r.tii•;o'•Yt`,1� ':iti�di�.tl• °"� . .;1°. .��.1 '"•��f,.��,_ '�r1 .: � : " � y ,�� � . �;ri��r�»���;4��t�ot;Ry}F��r .. � '�.i'�';�:Ft.��'�`�''�,uir, �,. S 1� y!k• �'x , ' �1,� ? . 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F="k;'`t'.1�'r"i!r'�,y j�>a «��^1 �(".:' :y4i� °St'.�.'.y?� • 1 „r , a � S;'�.�. ,i'; �'7�S1.�.' �••����►t�j�,�. �'� � � �;��� '.r:''' : , ti,k'N �! �k�' � «' ;� ' ' 4r �; #? ;�..it `h�:i� � �- ll �- �rF�s 1 }� �i°�` w ` ,:£�.:.:;j;.: i. �•: . r {.Y /� °ti4�3�t� �!' il��' s"��� � '>'b �.«�,� F•1 J.�;t t.° �`'' � � {__j •3` "�}7�,T�,�� � ��•` t.::'-.,;s ,��.-1�i�� 'e �� �]"� tA.�ls, . �,',,. i; '�7�... 47 x�: , o� '��r •�: l/ '� ����� ,. ,. i Y�. .f;'r: .�s.r�:�,;`.' �7 � P-.:: ;�a'; �.,;' f. ;~� L=::r.:.;; . - CiTY QF CL�AR1�Af£R . �`��. �� x f �. . �.� �`�.�;;.�;�, . �` ;� ':'i;:;�.-;�' iI�TER�}FFIC� M�MORANDUM •.� �� �'� ',s . t��.,�;;,�.`� ���:�; -�;:r':��. ,..? �" � .' �'?�t.°•lL4j1, 't:f ::�i.'�} `y. _ � s�'.� � � �.3 �'f=, `,�j�,a ^.•�is'< ij `�,• :s, �� �?S,. �: r •�n '� .. � x ti �c1� P . Y. � .. _. . �.t: 5 � . . ?�` �i�:';?•. � a,y j ,•�"�;sl;����;}.' �:o �t � ;.s ��: , ,,�;;�� a.:.',' .�r r�a, � �$,� �y"t2, �. :;.;w,1,�::� , i.f::�i� ; y�. �.aki��.g�i '. : ��:�U-,,x��. ?; j••;?;i��;�� ,�''w',',�7''-��s' w.i � �;� . :�.��:a >; To: Fram: Copy: Subject: Date. Mayor and Commissioners Cynthia �. Goudeau� City C1erI�V�J � Mic�ael J. Wright, City Manager • Appointments to Long Center Board of Directars Augus� 8, 199I Attached is a cnpy of a l�tter received fra� �he l.ong Center regarding �he Ci�y`s rapresentatives an the Center'S 8aard of Direc�ors. You will note Dr. AIlen's t�r�n is expiring and Mr. Wyatt is submitting his resignatzon. �'here�are, �he City is being reques�ed to submit fihe names af two people to serve as the City's representatives an the Board af Directors. In order to meet the Long Cen�er's request that we notify them of �he names the City is submii�in� 6y the end of August tHis w��l need to be placed an your August ,15� 199i agenda. A s�milar request from the Center faundation for nominations nf �ndividuals tn serve an the foundation's Board of Trus�ees was forwarded �o you earlier a�d this toa wili be added to the August 15th agenda. Pleas� submit any names you wish to he corisidered to ma and i wiil capy all information received ta th� entire Commission. I have receiv�d no naminations far �he Center Foundation Board af Trustees as of this time. ' if you need addi�iona1 information please let me lcnnw. ,. , , . .� . , : � . . . .,�._. ; � :� t ri Co�-�-. -� q �s � q � . . ... , . . . . . . ,. . . ,�-• � a �,� : '� � � :� ..� i•a[:'Kr��....nt1e?«.,y.}v'..C'. r�t�' ' ` � .. •r. � i �4" t� ��'',6i'. ��c.. . � . . . . .. , � N �.�'. , . . . .� . �. , . . . . . . ' , '... •�,•• . �j.r.r.� • .1r. � . ., i° . . . <�^:..r!.r.'�-e.:�?�'�!�'. 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' i i �1�.?ris''t��, �1�},15��. � .�'1 . - , ��'.:�. � ;:t�.�:�:,�s':;'rji�„ ,.z .�, .�' : � , . � � •'��'� �r,�,. � -'"�. � ' � . , . 'y}F,I��R °.,\;' e'�fsr��f;i,?.�f .1� • .: . ' ' '. , f ' . . ' e ' ' 1 � 'AY���,,rs �'.3`.f,.'1i�..1 . .. 1 . � . . .. . . • . ' : � . ` :, F � e ; :• � � . . .� �' ' , ' � ' � • . . . � ' �1:'..;��, ,w ;r� ;y , . , . . . . ��'s• ��f; i � . `� e •�' � . . . '}.- i./,. i'i •,�� „r,' � �' , , , � `� R~ ';�! t� ^,�'��� y' . � . . . � . . ' . . f4, i • .]'"•;,f.f �''Ai.i_! ' �A :•`� : ' � . . . . � , , �'�'" '.� �: �'i:� a: ; "F .1 , ��'��ii�i ',dt�Y'l�d'.SJ x ,,;•' . , ' , , - .i�jr�:, .; . . -'� .V .ISYJ.`.' .tww°Jai::.._:-.-4i .............w.......,..•.el=..�. .r.,.�, w • _...,... . a... .� ,. .. .. . . . . •'; . ri.:'� .")'. �;�.-. Z'... � � . _ ._ . ___ ; 4 -, yi �. i ' - ,"��tr�'`yi��1' �F. � `�' ����' �+ , ` /.���•� \ .1 ..1.�� ji:li i i.7 f'r. � •jl�• . �/ � ���yy . ;Y , :f���� . . ' ' f✓/1\ 5 � ..-µ+ 1 [ / '.1J .. ., J,i'�-.� : . � 'r ` I1';,� `w� � �1 �\4 r/+�' � j1 ' ' �"" •�� '� � _l�r. �1•:>..i 1�[.Ll�/, 'j �i�`>,� V J. l � �..'Ll �.� ���� :�' �'� i:. �'� ��f, � .� . �l �.;;� =;:;;'E,: �� � ,. '—' Fc�r Rtcr�:�ciu� ��. i (.�UL':ltl1)i7 r�'k:J�:z,4�����t::, �x�� �r��� . , .. � . ...�--- "'"�"•"`�...� -• ,+i�'�,:�1; '.� .e' :t', . . . '_ , , . "�....." ��; ::� i ti` ¢ +G, ..*� .:i 43i.� �,l; . ; .. . � !: � �: . . .---. ... . f � '�'• (.``'r' .�f •� �.���� • .. �. ,. ..-' I . '` � - " ' • .� Baard of pirectors AUgL15t l, 1991 � �. 't'� i 1�1��7 � ��91 F ' ��"� -'•` ' � � t j�; � t. � '•, � ; ; y: "' • . � � '�.. ,�' . ' i �1 :,t ?f�.` ,. �....L•��;::':i: NolanW.Alien.D.a.S. :` , • ;���- . , �; �'�_�w��,.� si i ••a:'° ,- � ; ;• -�}:: _+�� � Michael D. Bollenback �, ` �!.,. • �". ,� e '.;-� : a'; ��_ . , ;. ,, ,. .;,° • . ' • `." . . .. +�.. �}�Y`, •. :,�;' ,.�.� ;, �,� .,_. •. E:.,:. Ailen 5. Braswelt, 5r. � .'��. .'::.%::°:. �.. s� � �'• ;�;:�; s ;,; : ::,� _ �. . R bert A. Burwell ' ....- ` y_"r`.�:— `� �'.{z,�:;���;���,'.<:� <'".. � �:;:.� a Mr. Michael Wright, Ci�y Manager ,:_� �� � .� � � k'! O�, Jnseph �.. Carwise ;: ;'�;�;��,:A.- �;x::.=�; `>-::�'-.� �";';: City of Clearwater '�.=: �.:� .;f: �:�- . d _t;';N :��`•�`� MichaetT. Cranin �'.::'�:';:ti��s -":" .=�'`�',.,���:i. P. O. BOX 4748 • h4,,�e _ �* ��;,•; �, ;.; . , Winn E. Eilenwood ` " �� ' ' '� � " "C � Gamble C].eazwatex' FL 3�4618-�7�48 ` Y�?�-5=,:.=�:'1i'iY.- "vr;, �. ; t.�..�., Chatl85 5. h�P � � ;�' ', r. ;r.Y•r�'i�� ;.���`�' ' .�� . ", James A. Head . ; ��1,: �}Jry:�' `ti��. �' ��,•rys � 5;6;.`� ��•�:����1,. << �.:?.i�;:,,,�t,`G�:: .:..�.�,� �'.�;_�....;�,, SuzanneA.Hickey I • ]]ear, Mi]�e '-���; r=��;���Y : 1•F� � .'�� �s�;'�,�_ •; ...,,,,:� ,fean Ann Hughes . �'a:: ::� �'` � ;r,�-' � �':•' . David Kaufrran �:°'a"' ^�#'' }�� r' �' The Baard o� Di.rectors for The Lon Center is , ; ,�.. , ,�,�,��.; <.:. � ;'•'. ;�:; ��Y��� `''.�''; _: < �.s . Ger[rude W. l.ittte tJ . .. �. .. . � : ��,•;;;.,� • °�:�;;r;�';`:-,�"�z.<<�r.:.:=�;;��,-r�:.�;�'�t: FinnW.MiEler comprised o� eighteen meznbers; two �rom each sp�nsor s,:� ':,�;r���'': -:_�� �:�i�;,: ;,�� �4 =,; �_"` `�� �� Her�ett C. Schwariz agency, two �zom The Gent�r Faunda�zon and the :,�`;_�; 'r��::-�;. {�� ��; ,. :'. �� Cre ar ,a. Scock ba�.ance at �axg�. The two xapresenta�ives appointed z:-::,s;`t:,; j - , ,,�...> 9 Y �`.:�;:��;�f;;�,�;�, ;-'.:�;..,� ;�._t; -�-';�. Da�id P. Stons b �he C t t t e�n an our t`, , , . , �, �,-, ,n� ., ;.••', :�..,�: : � £� y i y Comtnissian to represen h ,�?`,�`_.frr�3'�,,. ;�,: ;,, RichardL,Wyatt ;3;�;a ,;,,'.-�r 4°-�.����:�,�.;w'�'t: Baard are: �ii��'.°�^,-��4�� •i"� �(;'."�:j� �V�'.��,:'���r�_' ' 1_F'�i,y." ��`'°��pir` , '.�`a'r: 't �f �'�' �':�,;:'�',i' P�O�BSSI�i1mI $tdff. �fh"r�'-+h1r���� •�,••��� ��.`'�,�"�'t�� � MarkN.Abda Noian W. A].].en, DAS 1991. expiration �.t".�;;��_��°t.%.;:�4:,:1:,.i ';�'`• �'r''�;�'�� - C 3 � �'S�1�I1 ,�,,' 'Y.,':;'��{�, 'z}.�r.}y,, ',a;",I�`, .f°; �xecutivaDirector R]. hard L. Wjrat� ].99 Xj,71. ' �.. . �;��:-'��}'�E::;: , ;. : ;:,�.-,�•€ � :,::.t� �i :=�' Odette M. aurt �y � • S ''�'f�'5:,��.,�' �'` n' i]r. Allen's i tia te w 1 Ue c�mpleted in ' +:� a ::� E�: ` : � �; °:�;;'. �`: ;�• .. r. �'..; Executive 5acreta N'.,'�i: '�}`::.'-��ik�&` ,�j`:'f(:'�Hti"�.i�.• .V'.•3 ]7.1. � Xm Z. � .rx�•.,'.s�;°}� , y � , , �: .;;.,•,;;:; Robert W. Carpenter �°�i �?�.: ,�.,�;�.�-�:� '' �� "�� _� Se �ember of this ear but �na a� the discretion o€ �E> -... ,y 2 ;{�. r�r,'•�r:; `:i�, :.� AquatiCDirector P y y� aY�...`r'h�Sr:R.:.-t � �'��.....T�-.: fil�:� `?�;��- Steven R. Heu ���� Aecoun�ant - Qabarah L. FEuffer ''z�.',. DlrecforalVoluntearServicas '�T�w ` Brian G. Malone F� MairrtenancaSupervisor Mark G. Meyers Racords & �,�.n 5 Mem6ership Ol.ector � � the City Cammissian, be appointed for a second �hree year �erm. Mr. Ri,chazd Wyatt ha, been a very active member of the Board of Directors and �epresen�.ed the City of Clearwater weii. He has b�en Chai..rman o£ the Grounds ancz Landscape Committee as well as �he Marketa.ng Cammittee. Dick is al.so a m�mi��r of the Lang Rang� Planning Commi.ttee, which is a jaint v�nture with The Center Faundat�,on. Unfor�unately for bo�n of us, the Wyatt faniily i.s re�.ocata.ng and, �herefore, Dick has resigned his Dir�c�or's seat effective Sep�emb�r 30, T.991. R E C E I V E D Therafore, bath C�,ty representatives w�.�.l be vaaant A��� effective 5ept�mber 3p, ].997.. � Pleas� submit the $ j��f names of �wo persans who wili sertre as repr�sentatives on �he Boaxd o� Directors by the end CITY CRERK of August so we may inc3.ude them in aur elections oP Sep�ember 24, 1991. One te,rm i,ra.l7, expire in 1993 whil.e �he o�her wil� be I99�4. 1501 N. Belcher r�oad, Suite 225, Ciearwater, Fl.34625, (813j 726•2181, FA.Y (813}797-2076 , � :'t� ! .'�1 �.% : '::i �°�� i i P' i°' � i� a �': �• i:�" .� � 2�. E n. � , �Y�� �• 9 ��Y.�1��r��;' �� M�f'. �''��• :�, ,�'� �'�� �^ , � ���i;t��€':� f; •t�� �; �, ,a' E .. � yy y . T'" f, •il � �, .•. �L9'(��:��� fi�l.p' ���' f"�%: ys�.,s";,�� '�.. .��. � J'T., ^.��. ;,�{;3,P l f � . • �;.r. 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" . . ,�� � ' � �i . .ft. �`.. �.�, %ri��„'1e'{a�:Fi•'A�;� "l.''� . , . . , . . . . . t � �t���� �i��;�+.°�':���� �� , .: '.�;•r , . r �, � . . � - . .. . � . . � , . � , . i.•,� �� w;� � � l . . ' � ' 'ti i C;'�'..: � � ,�f�.,�rrt'�� I',:�; � ' , - ' � ' . ' . < . ' . .. ' . �t ' � "�'',' � ' .� , . r5, .a�,•�'4s �y' .r. ^v ' �, , , . . s , , • ' . . , , . . . :,c ' . . . . 5 i'i�'� L: �����'i� r ` ` � � ' � . .� ' . . . . . ' � . . , , � .. 1•h' ' ;,t��:% :�. v . . . . •,o � � ' ' ' 1-.1?�-:�•,::f: :,v�:�:5_ ; ':, � • : • . . ,' � �' � • . � • _''�::- ;�'�s;'�� � . ; ,,,�� ; . , - �; • , . � . . , , �� u ,' '.�� � '..�,i";. 'R'+ . . r . , . , , � . . . � . . '. • ' . �� .' �',=;t t;.:-,.� �.%,�{•. .� . . � ' ' . • ' : � , ' , .»",�.�*�y.t �,a,.'�! is�,�y . " . " ' . , ... . , . . . . . � . , �,...' G' �.� ��;..i . .:aw.r.. � .....�...�..a�....,.......s�.n...�w.. � " � . ' ' ' ' r' .�1 ��'� c, �' ',.�i4T':c D i'',`'�k�4 �'df .; .:x-�.�.��..«.». ,. _... su�.sa�siai'.SSYx,7.itr'�.U'��M:�`i�dd6..:'k.�' y' � � •�� ��� �=;%.i� i.-� . ........... ... .. .......�......�'........»...�v..w.. ��i�i"F�14^?.f,��'S�% 1^N EN `r u �i,y f� �' .f s' � ; ' . ' 1. �.;"���:?ro��:��"� r� �; � � •I , CIiY OF CLEAitWR7�R INTEROFFICE M�MORAN�UM � coF�ES �; To: Mayor and Coinmissianers ��MM1SS10N �R�S5 . . Erom: Cynthia E. Goudea�, City C7er,,K�1 ' Dc3t@ ��� 3�'j�g? `� Copies: Michae' J. 4�right�City hEat�ager C1TY C�K Sub��ct: Appointments � eaard of �'rus�ees of tne Center Four�dation Da��: July 3Q, �991 � Attached is a copy of a letter we received from the C�n'�er Faunda�ian regarding fihe C�ty's representa�ives on the Foun�iatior�'s Board of i'rustees. You will no�e Mr. William's term is expiring a�d Mr. �ngle is submitt�ng his resi nation. Therefore, �he City is being requested ta subm�t the names af twn peop�e to �erve as the City's represer�tatives on the Baard of irus�ees. i will be placing t�is on the ager�da of the August �5th meeting. �lease submit to me any names and 9nformation you may wa�t �a be considered, I wi11 farward all ir�formation to yau �n your agenda packets. ' I� yau want additional informat�on pelase le� me know. : , , �•Tr�=-.:,..-.�. . -�n�. � � . � ..-........��.�.�. rn�.,.�---�_. . e. . .. . . ._ ... . . . �� y . ' . . . . . . . _ , ' . � ���: Q���Z�v�za�1. .. c�+ �a�-ae�� � , . «aw :i1�-a.... �.�t�Yr�r?? .. • 7w"+ �'}11 � « 1 1 � � ► � � � � � � ,a,�f���:° n.�s,...'.� i"'•"'''�••"r � - . .. . . .�•r °e 5 �°`�'x' � � ;.�,. .;Ie, ' •.•r �•a ` ''�" .:r1. `:1i�iF�� ss t•.;• � �.✓ . ��' `:,} i "..+` .< . 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'i�. ;i;':,�t;��,k ,':��•;�. ,.�,_�" ,s•':'';t.f,' pruc�3H EiaMur . _ _ . � ' .M..a L'.� 34: - C �:.e';v'�[:•y:' . „ 1} '" 7:�°�?.� s?'- `t��, �'` rJ �� � � . r . ..r., � �i. : Tnti A [3aucharJ . .. ;t' s:��R;k,��:,;..a;��,�:.' ;'s,Y�;, °' : ;;:��i:.�.s�.; J+�ffreYE Eiutlor , � �t � �r���;�����`y�r,,.`'';i'�����';'��4� �t:,," `•°�i�"�',�'• ' 5���vnn�.Ctrr�isru JLl�]s 23� �99]. � �;��'`,�. ����y'%.�"$S�'�r�:�'r�'zti�'�w..i'��t.? : ; . H�ITy$.Ci�flq �r.� ,tt:krti �,'1�s a•�ry'r�},'i`:,�,t �3',��r:;.si;`;`,.;;�c;''`� Mrs W�IharnC i8e1��'}Cruwn�ttl �i�. �r� ��h;`.J`5�.4-tY. t�,?.�..s. � � .va �_ ?'•,-. � ��`:% .�5f11C8 C �3YS(S .f�e., .t �� �a•.:�;, �� ��:�• .�,._.° ,� Mr. MichaeZ Wri ht Cit �:i'i,3�t��ti;i�'}y",v.t�,�,r,7S� .t�i,�w-.�ir•5,rk�';;"i'� 4' sll�UollYll�Il; g , Y Ma�ag��' .. ' � .� ';'.;��:��rt 4it i�s,���,��: �,��s° �.•:,a;F,�;�,;�• . Pl�il��� Dugnniuro Clt�► Of C1.��1'W3��� ' ; j. ��•��`:ls�j�;e��,s��i�'�'rtY'-�a� Fy:i +�.���.5...�'���•t'ti� AohnldL. Engln P. �. �O}{ ��%�8 t, � :::y". �.2��, yt��.'•5k$� -i��'•';1���.`.;,��;.•,::,- Frwdwlck E. F�Sher, � ,v, �� ry� z'��z!i r�t�� %:,r:,a�r..�;�,� ,; ..� Clearwatex FTa 34618-4745 ;.,��",�.� �:.�i.���=.a� '.i . : .i- � . . .-,+ ' t.,. ,, Charlmn►r FrhClrtus r � ����jh r�s�; i �°�=�:'i•S.;ti`.,''� � >� i �a{�'�,iJ; ;!•" i�.F � ��? �; �; ��. ��ti :�k ;3:t'},, �{s� i±";y� �;��'^4',:.. ,'' �;T'J:'�64:� � . , .�<.: '�sa:: crt:��J. �i3�i5{'{�t�.f.. '. ;. * =`�:1,; �fi? � t., �p,c•�3<�` �''. � �"Si4y � �rI !'i.� . 4� � �ked �. �C�� �� �:}xi" �iy�. �? et��4'L�� '�� �".Ii� `r�' � ��� ,����r��'�; �;�5�� :,� �4`5 ;�P��:.� �e1 �i�_ �r�.i.�i;._ �,llnfl�}$ ,rj {jpfTlkli4 Dnu�lns A Grnsku Wrll�attti �. H�i�. M,�. Calwn �. Hntr�s, Ed.D. LArry HornQ h1ra. Eprlo 8. {N�Il� l.okey MrB. H. �. ISNirIey) Lvng p,'rn�ui T. Martin iNn�or T. Arinrtin fra�ik M. ivYnssoun HSrs, fiusselt C. k�Atryl ��ibourna Thar�sa Puinmo Hu►barc c. s�nwuriz • Mts. Flprman E. iP�t� $aiGart Jamas W, Sle�wnrt �pvFd P. Stono, CJfiti�lr�Ar1 G1un P. Willard ��noVd S, Ylfilhpms John 41, Vlf�lfiams. iVV Professfonal Stafl.• Horriuuo Angstun, D�recrar ol0evelopmenl Tlro Cer�rQr faundalion 15 A I1o!•lOr.prolrl Fltlridu corpprAliOn, Dear Mike: ' As ynu are aware, the 18-memher Board of Trustees o� the Cen�er Founctation is compri�ed oi �.wo represen�atives from each spanso�ing agency and �rustees-at-larg�, eaGh serving a three-year tez-�n. The fo],Zowing twa peaple �urx�ent].y s�rve as tx�zstee repr�sentatives for �he Ci�y of Clearwa�er: ' NAM� TER�L EXP�RATTON �ona�,d L,. Eng].e 1993 flonald �. Williams, FAIA 199� Mr. Williams has served the Board with distin�ti�n since i'�s fir�t mee�ing �.n 1967. His exp�rtis� in a�ch�tecture and canstructian--rela�ed indu��r�.es has b�an inva�.uable during the planning and buiZd%ng phases oP the projec�. We deeply appreciate �he hours af s�rvice he has cantributed. Mr. Eng7.e joz�ed the Board n� Trustee� in Z�$9 and br�uc�ht a wea].th o� organiza�ionaZ and manag�mant ' expexience �a �.he proj�ct. He.was ins�rumental in ieading us through �he planning stages �ox� tha formation o� the opera�ing Baard o� Direc�ors and �he opening af �ha facality. We could �o� thank Mr. Eng1e �nough for �he erid].ess hours he has devo�ed �a �he Faundation. Howaver, because of his management background in �l�e arts, he no;� desires to davata his �ime to tho�e organizatians involved wa.th �h� fine arts and has submitted h�s res�qnata,on ef�ec�ive 8eptember 3D, ].99�. M�. Engl� has .ind.icated �o us he wa.l3. con�inue �o serve the Founda�ian as a vd7.untee�c. ibQ1 N. Belct�er Road, Su,te 224. Clearwater, F� 3�625, �8]3) 799•2i49, FAX {813) 797-2075 .. �'fS� w �� r r '�I�'�! �' � 1 r� ;� ! :'� �. r ,�� it �' �' ` . �. � �w� � , ', r�. •1� h �:�, 4 ` ��,^: S i�}' ``t. • �:�.�� a F.F +''. � %t�.� Sj . 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', � �"..'. °' . • a � ' . • �3�x1�#�M`"-"'�1 yi�,�'r�a;',' �s'� r;. . � .�` � , ;�:�r :y�'ct, �E.j�. „� ^.. ,• f '.i•• , ` �. .. . . � . ' . . ' . ' . . . . . � -.:t'':+i:; r�l, ?r.{ F'} -,tt`�`' ��` ' ��� � • ' . . .� � ' � � � ' � � ' • ' � ` . 4? pr��ry'r:Z;s.s' i': . ,'! i. . . � � s ,.. ° k• �' . , . �� . , . . � :�•, .i. :� ~s�is',�tr�`.', €�A}lw;� ��••�� �y! . ��.1 ' . ' .' . . � ' �. . ' �� ' . ' . �`y ... ` rr.�s7.� .4���6�. -r'� �:�F �i� �' ::`� .'., � .' . ' .,; , . ,.�' ',,.��� : . , . . . .F ... :... ':.'.�, �w ;..�;, ��� . .�, , .� . . . �. ���{ �;� #� ;,:,;s,�k�;.�'�n �n �'x etM►MilMw....e_ew..... s�.wwrv.«...++..w.�.�a...�..:.»r...i..,..�...�. � ' . � � ._..... �' �i.S�- Y� � �:,i% ;�;: . ....._.- ..«+.�.+.....-..+.imwMrw..ctlnMft41:1YaliLL�i%k��i�'�,�, 9 t�� � ��rk` • � ,���, �� 1 ��J .� ' . I r � . 1 �� �� • t;..iY Mr. Mike Wright, July 23, 1991, Page Two � . Therafore, the�e �wo C�.ty af Clearwatez representativ� poa�.tiong w�ll become vacant on 5ep�ember 30, 199�. ; I havc� b�en reque��ed by the Nomina�a�ng commit�ee to ask �ha� you aubmi.t the names oP two persons who wi].1, serve as repre�en�atives oE the City, one with a term which_ expires on September 30, 1.993 and one whose term wi11 expire on Sept�mber 30, ].994. Please natify us of �hesa names by the end of August so ��e may include �hem . i�n aur alections in Sep�ember. The Scard o� Directors oi �he Long Center wiI]. �ontact you �bou� a simi�ar vac�;ncy �.n �hat }saard. � Wg wauld be happy to mee�. with any potenti.al candid�tes for Cheae positi,ozzs to answer any quest,�ans they may � have abnu �he pra�eat or trustee rasponsibilities. Sincarel f � . > F'� 'David P. Stone Presi.dent cc: Je�fr�y E. Butler, Chairman' Nomina�ing Commi.��ee , � . 3 . , � �. � '� . ,t. 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C�: � i ::s:�;: .;;�::;�`�;+,�.;}::� we,:�a�;;=,,�,.:�': A RESQLUTION OF TH� CITY COMMI5S10N OF THE CITY tlF �;�'. , 't�� ;;;.c�.,... �.;;.:yf•.;;�;��;.,::;. Cl.�AR4�Ia�'�R, F��RIRA D ; , . ; �_„�.�`�+�.i#� ,;::'f,-.�.;��,,. �i,,,. , �CLARIHG l�i� It�l'�Ni 0� 7N� CI7Y , ,� �..=�'�{*'�j��: f•'���:'�;;".,•.,;:w ,'� , COMMIS5ION R�LATING TO TOl.i.S AT TH� �l��I CLEAR4�AT�R �ASS �� r.`�' .ey�yey,.3��:: {�.•"•;�i�;!;;,��'�!�.�;!';:. . . "--,'q��;�';Y�-;;:,�;-.;-.�.�,,4h..;•�.;-> BRFDGE, AND AU7'HOftIZING i'NE CITY MANAGER 1'0 EXECf1TE A ��A �: ���;�•}�'� �rM`.�,r. �;,.�y; ;.";;:� �.ETiER OF UNDER�7ANDI�� WI7H i"HE FLORIDA UEPARTMCNT OF �� . -•-, �_ ,� •r� �: a"°' � ` S+� '.fyl'.: • P. :1'i��,' /: } `4c��;`E'�; �:J;,�`:,;a. �,.;f.�}-��`• TRANSPORTl�i'I4N �ROVTDTNG Af� EFFE�TIVE DA3E. _:' r��.�'5���< <..k�5',�.f1•.'i.1�iw'�,1 � _!!. !�� W. �. WHER�RS� th� City Commission on �uly YS, 1991, authorized the city manager to praceed wi�h the Clearwater Pass Bridge proj�c� on a 3oint pro3ect basis wit� the State af ��orida Denartment of 7ranspor�atior� (tiU7}� with ti�e understanding th�t there wi7T be no to71s at tne new bri�g�; and WN�R�AS, the U4� has requested that the intent of ti�e City Commissian be Forma7ized by the adoption of a resolutian and by �he executian of a �etter af agreement i n�he form a�tached hereta; �1fl1PF �' t�}�Y'@�4T'8 � BE IT RESpLV�il BY �H� GIiY CQMMISSION OF TNE CiT'Y 0� Cl.�AR4�AT�fi, �LORIDA: 5ection i, 7he City Commission hereby states its intent that, ,if the Clearwater pasa Bridge i� r�p�acad a5 a 3oi�t project wit� �he �inrida Departrnent nf Transportation, the City w�ll elimirtate to77s a� �he bridge. Sectian 2. The City Manager is hereby aU�horized t� execute three (3) ariginals of a letter a'F agreement, the form o� which is attached hereto as �xf�ibfit A and incarparated by reference. Section 3. Th�s resolutia� shali take effect immediately u�on adoptian. PASS�� AND AD{�p7ED this ISth day of August� 1991. Atte�t: ynt a . ou eau City Clerk . �. >r. ' Q � f Ri a �arvey Mayor-Cornmissianer .� � � ,: • � ' :U �, i" , � � ,4 .; � .. � ,`� �� . i . -,� ,`, � ;:'� � A ...._L.Y�t i�l��-�,�^��y"1!A".'�.t•e l,i:�"� ?:°�„w:'.�, , rr,,<�.. �,,,�a �rR. >' `Y'i�RY;"�.Sx��!Sny�� ;� �� .a...��r,��•.k;;r;:rt�'�f "��rta.-�+��Y„x.:vf�'t�' + '•lo:, i ci._.r.'�Ka:{'�,;. � �%`rJ:�.:� �.c .:c . . :i �.'." ., . �. i: a. � � ,� ?t ��., �tt.i. + . ; ; . t �� , "' � , . , , :` ', 1'� 1 t�ew+tra �t�'y4".'r�'i•.� .S') 7 , r� . 1'.,_.� �i. � I ''�,` ., ;��. ; � � � � ��•,� f�`TL�i:',y5'�� sis'Sliz;'�i'l�� �..� ..1 .l' •i:..{L.Fi, y� .k��•' �.Y ��'�f, .l'�s: Y;{'�f i�'.t.r..:iA��iY���f�t •';li? L' w� }.�;fe �y.�,,i.:�'°f;'..; �'�..4i...�i' i. �. • r ,`i ,�... +�°.1 • .1 ,5�r.r 't' i:ri�^. . !� '3 ..e d aY 'K" %r1 ti' ' �. 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WPI �'�� ;,R � . h� �iL e,:��:::: ,: �,: 7126698: � .�' �ryy�nry+�,.J'�2FV�:t i �. �.� L.• l� i �x:��rt�Y � ;Fk:�`:' � �w 1� � F »,. r"���e '1"�i�,��.:�" j. i 4-��- •� :., �,x , 1. The parties hereto agree that, upan comple�ian of the Clearwater Pass :��:.����'�� .�� ;n ��'c,�.;��;;•;��t���;f'; 8r�dge Project, Project Ha. WPI 712669a, ti�e City wiil rtnt continue ar extend its �'.��':�����+-� tolls but in fact will eliminate them. ' 'A��"'�'r'`�;y�(i:� i:;l,r:�^'d :, � r r. .,`;�`i:':•F l'.. ;,�}t��x�,x����:•:� 2. ihis Letter of Understanding w�ll he referenced to and made a part � ;; , .>� :€ , _.: , �..�.�����;�����s, of the mair�te�ance and operatianai agreernent betweer� the parties hereto ta be `�� i���:-�t �+��z,;�,�; exec�ted upon firtal construc�ion acceptance by the pepar�ment. :�' i����r:��;����ai�, ��`�3�a�i�"��'F�. 3. This agr�ement sltali take effect when executed by both parties, or� -� ���`�ru=�'�:�F��: the date as ind#cated belaw. Each par�y represents tha� the ot�icial exectsttr�g ��`���.f [[�r,;�:�.,;{��.�.�fi thi5 agreement is autharized to do so an beha7f of the agency of whScn the w� r��y��`,'�;���.�;F��;�" �; off i c i a 1 i s an a�f i cer or emp 1 oyee . �°#� � `�Fi.� �y:� �j,�� �A�i4' . 7 �I y'{x ��r�����z� �:�:��;=: �QR 1'H� DEpARTMEhli: - z . am H. McDanie , �r., P.E. Date District Secretary, District Seven Fl�rida Department of �'ransportation At�est: FOR TH� CiTY: . M c ae 41rig t . City Manager � Attest: � � ; � �� � ty er � Dat�e 0 �xHIBIT rl 30 ��501.UTYON 91-2(f , �. . . _ ..... , _..... �. , , . . � ' , , � � r � ► � 0 � •i . � �� I, r� +�� �.z .i wY.�;.5 �� J �! .� �, r'• .; �' , •,, '. .�� , �„ ,� ;� , i:. ;�, �� =��. ,� k } ! ;C , � i : � : . ,� . .� , . �.: , � ,S ' ' a. , .�G� � . f. � 1. .. ..+.� , . . '� i� '� . . '�• . .. ��' ��, � '���•�� �ts .,,I i ' , ,. � .� � E r . � � G � � � i. 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'JI - 31 ;;:��:,,f',���;'�"������a �: �i�'}4. �.'5�...�:1'x -t,r .•� ' •'y7.�i.L �� '�����;��}�„�i�ti;l...y��1...7 ,a�Y'���:.`�.4.:: ;, ;y .�. . , .;,;7kJ '+y��°���a3n�i'� °•, �F�.�.�:„:,;a..,�r`,E;�._.. ��• � . �`,':;�;f, A RESOLUTiON AUTHORIZING THE NEGOTZATED SAY�E UF ;,y���'������1 �;;'j �'�'.'�°e=':"'�=':`�-`'': ` , W�}s:' $7, 680 � 000 CITY OF CLEARWATER �'LORTDA GAS SYSTEM '�'r,`.�',.��r'; s �!.:'+,Yw�?4µ;:i.',"'.. �'� . , , � f I . . �,..t. kY �. -1 �;� :�.�t '� �;:�° REV�NUE BONDS, SER�ES 1991; AWARDING THE SALE THER�OF TO �; �`�';;'»��� � ;� ���:�L,; °�, ns; `� P`�',�i: �.�'�'��-i,� , °i"��'� r, • �,�t,�.::,;?.t:�;..M'} ,_.' '��. �� SMITH HARNEY, Hl�iRR�S UPHAM & CO. TNCORPORATED, SUBJECT �'� �?r'r. ��;+�F �'' �;'�;,,n '`rY�r3�;;c.,.G:�� ,� . . .^1� s�a%.<r��• `Yti.. a�. ' . �,� J�.S.' .J y�.�� ° . r'�. . . ., �•,� F����'�iy r J �i�i�.4� �.'`�'��'h �' �'�'�. :~ ;�_, `,�,.,�, . ,. ,..� . _.� .,:.. •,,- •. ., _ �` T� THE TERM$ AND CONDITIONS OF A PURCHASE CQN,�RA,CT • }; � � `' `�='' �`�°��'°�``���'�'��'���'`_ ` �� PROVZDING FOR THE rSSUANCE OF THE SER�ES 199� BQNDS IN ��� °`�'� ., +, `ri �p � r S. f- " � S?� � � � xr� ' �.� ;�1'k�. �i _ .' `:.. �i. i: . ' j'';ss a. �� � �'; -i �..�,�".�1�'°I„iv��°:i.��r:'��: .,.. ` �; "J'�� � BOOK-EHTRX-OHLY FORM AND AUTHOk2IZIHG EXECUTTON OF A ;'� �,. , ��.���:s�"�,, .±�. ., '`��:�=:. Y :� ,}�ti'�y_�,;;�y�:: i�,: ��,:^;a�;,;,' LF.'.['�'F�R OF REPRESEN'I'ATION WITH '1'HE DEPOSTTORX TR[]ST �� �� � � '�:i`� ;3`�';.''�';,;�y'°l;. � �. • :p � ,•', •:.;:,)3r� � CQMPANY IN CONNECTION THEREWITH AUTFIORTZiNG THE QISTRI- �r.�� ' t �-�.�r,• v ��s;k..F:, .+.•:-- : `'i •, ��' _,1.:: 7 I �s �1,�jj�c, � .� .,::,�:u�,,!'.;; �"��;j�:;`' �'i':;...!���,':�,,,°;='.4� _ BL3TION OF A PR�LIMINARX OFFICIAL STATEMENT AND AN �. .."��4 ,. l ; •�.9•.iy�„iu; ° t! �� 3 'y ` x".,:;.; �` '., ",�'#��.iT ��.�f���.r���' -r4`t'-;��rt1:r..'-re : •�(�°ri •����t..:5�'4.i t�(=°. Y�`.'.�?\i;. f� :r 't.y�';����y�.?"�i� ::ii:�.C.st �,r.,��.f,: oy' � �N. , ..�. �. � �':• � .,�.:_,�t, . :,��t.�, xK•:; �:''� � ' _g, ;�����?,.��;�'� J1:.,�i, i.�*i ��.,.�",i�'.'�•�;� �.';,;, i:.;;,.��'�,-.� ;^���:;=.�s t,�:t' :i;<,,:t�'-.e.�;l:�.�,; � T:[ .i^p�ystir�J y" �..] � �Y ' � �_��f�..�J� :����i'?i»�r� i ��fi�✓�,=!�..�5"....j'. �y� �,t� •4'� T�` .� �•a:' . �.i'� }:`�jrr�-.�.i. . .?<_� ��4.Y�` e 4'�i . �^:5 �•yJ^.'�L •� :;'F � � .:;.�� ,.� .:� 'r;`, . ~; ��,• i, : � re, .4 .r � J'° i , ,t OFFICIAL STATEMENm TN CONNECT�ON WImH THE DELIVEktY OF THE BONDS; APPOINTING A PAYING AGENT AND REGISTR.AR; APPOZNTZNG AN �SCROW AGENT; PROVIDING CERTAIN OTHER MATTEAS IN CONNECTI�N WiTH THE ISSUANCE AND DEL�VERX OF SUCii BONDS; AND PROVIDING AN EFFECTZVE AAT�. WHEREAS, the City of Cleaxwa�er, Fiorida (the "Issuex"), has by an ordinance enac�ed on August 15, 1991 (the "Ordinance°1), authorized the issuance af not to exceed $9,O�Q,OOU City of Clearwater, Flarida, Gas System Revenue Bonds, 5eries 1991 (the "Series 1991 Bonds��); and WHEREA3, the proceeds of the Series 1991 Bonds are �o be used ,w°r��� to (i} provide funds necessary to refund the Tssuer's outs�andinq �..;.� 4" �`s'��} Gas System Revenue Bonds, Series ].983 (the "Refunded Bonds" j and �� I •'- -it :��i f. �.,sM;�� (ii) pay ce��ain costs of issuance of �.he Sezi.es 1991 Bonds; and ����4`•� WHEREAS the Issuer has received an of�er from Smith Barne ;Y.��,�, ► Y ► Harris Upham & Co. Tr.corporat�d (the "Underwriter") to purchase the Series i991 Bands, subject to the �erms and conditions contained he�rein and set forth in a Purchase C�ntraat, a copy o�' which is attached here�o as Exhi,bit "A" (the "Purchase Contract"); and WHEREAS, the Zssuer now desires to issue its Series 1s91 Bonds, to sel.l its Series ].991 Bands pursuant to the Purchase Contract, to authorize the distribution of a Pxeliminary Offickal �.., � .,,- 'r � 'I I . . '.--._.; . � � .� � � 1 ,� � • •� � A. � i .. r � ��) _:Yi , ,� t .p � ■ � � � w . � � � � l i i+{�a*��^`�r�3 p�PY�r��4EA��K•;�;i��{}Xy�In....i:,/'� ,.i.?:.^C�"�' r,.h .as� .. , .. . . � , s .'�w� , i �i•'.�x,i n�rt:o•s ,e,}r.;.,...o ;=4�.rV�;,y.1^!�'x.,,�..�t..y+�aM}'f rfti,�.'k'�,Y,�i:',�y�w�( �J�`ld��k�',�'Y� � �, r. I•. 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' . ; t.i4�',.}',w5i�i,� �"��:��.. ,� �' �• ': . �. � .:' . `rk ,i ...,�F� "+r fJ�. i���4' �S`'r.1�'S�^ �f' �. `i".�l`�'' �1I . , � l.''���;i�'��,��'��,���w: �i �`� :�"'4?ja. �v .�;� .:;",�:.., :�:� . �.� . ...�: �. '' r '� `;�' �����y'�' ���.'�t' . a :^i.� � l; : ':T�!.', i�.i.N,'�' . ti ��?' . �,�4:T�:�Cflrfv�`['`r,. , r. ; ,.+: ��.A�':I✓�tt r.'`'� �;'� it':,4''��.� ... v V;'��>: E?'�s'�"�rr"'�,�.�Y�:�,, �� 'Y",�'.�,`;.� " �-9, t._'�i.".,.�. - .�. .Fe:�a'y . .L'rt�-s��*_4' l;��j��,;.;;.^�«X.�.,•:�r:�:�::� �„ �• .-��°� 5tatement and an OfEicial Statemen� in connec�ion with the lssuance ;�,'f�`' w �� � ;r-i=-: � � • ., : fi,•;kt' '�,'., �. '� . � s. • z� � ?� �.,s�?.�� • ��. •''�! �;�� `? .� w � ,�„�.�,`�..�,�i jH. ��',:'i,,,:.`.• =a:. <; ;�; _ , � � , :x� � `Y� l�� "�^ - r� , -�;N; ;:xr:, ;;,� ���:;rYi' :�� :;r,;;,� -.:,�,� aE the Ser.ies 1991 Bonds and to take cer�ain other aa�ions in }�tir�t°z�� `.�.. ' z ` ,-`• ,' ; � `���y� ° sr"� �M" ; , � � .,, � T �g j^'?i,i." �'�: �; '`'� �, ,! �" , ,�q� �'r�j� connec4ion with the issuance and sale af �he Sexi.es 1991 Bonds; and ti���'�� �' ' a� ";�.. �',= ,,.:'s«.';�;-r°, . : •� �. _,� �.�;�� .� � . .. �.! �� ,_. �.° �• ., °�' .� `s +.•�' .z,l"�i ... ;i': :4°.-.;r4�;.:;:�; 'I �'`',9 .;i .. ' �JF,�t���•F� i�1 ;�.;F�:.', i� �;",::'_. �:�: ','.t, .,:'; .���-� wHEREAS, �he . �ssuer has been provided a1J, applicable ���ddd���,,,��� - ��':•k,i.�Fl � t�.j�,f���i:,�iv:tJ:�..�•.' ' �Ti �� �i ' � Sr'�;��id ��'����' C:'�: �%,µ.i:i3: �`�,;`.}`, ,'j,}e I,� § 1 t �;1�=,���;} h4 �'��;��� -���; ,,; �.,��. ��' �� d3sclosure a.nfarmation required by Sectian 218. 385, Florida ��'� �:� t _; y�i �c5 � ;} ?� a4;�,r �;.'"': �r: 7.: �' '.'Jrl' .}� �('�' u � �: (,1f:e`'`�^;-i.'.;;. ';r ,:`�.y t r.,�';,-�• _• p , ' � S �,. � •�, '�> E .. � ` ��� �.,.,'��,�� :"�, hase Contrac� � r �C� ��.ti� �,.,,+'�� ..,.,. ��r_.;��,,a�:... � Statutes a copy of which is attached ta �he Pnrc :,K�S � �..,f��':`�n� , �;�°�t ,..`j; , .} 3.,.:..°- ._ <.. ; _ i ; : , � ' f, �. <°;t' � � ;' -•F °' • t'+k� . jf}4.�t 1 i'�"f;,�I4�';:�.'t.;`"�,tr�1:.':�s�' :a' � �"" � =, --�°� i�;iF:��,4;� zl�t ,:..-, -r-„�{,.J.,°',�,.:� � and ;3N. .��.i y' ",•�:fti^t^ !"C� A i�..t :�i�„'�-:���,�i�i Y3 j� 7:� L. r ± �.+,�� ��C.ly��r�k'`.',!' ;;.�slFiiwr �i.�j�'1.+,�Y,�' ,� �`" •�� � S 1 �� �i� • ? �i.� `est�Y'' i': �'�'��:� =�j r��'` -- � Y 'j'��'� � WHEREAS this resolution shall consCitute ; � � ' �` ' iti � �':�.r ExY4�.;5r�:^.t: �;�Cc''•+.�T�� :F. _ �;`,i".,.� � a suppiemental ._� �}r. _ _ ,t � F*i:�; f��ii1 i',. .�._;Jj,`�I`�-, '�,� s `''`y.:� �^�';'���°:`}:f. ��x.R� f� fU.��;• �' i� :.:� ;��r.� �1�_:,, ,;...��; � �,:-�,,.,�. '► � ?`'�'°:fil�x. �; :�: � � ,� '�,r!. �'•,�1� :. : , ;� :� � F ,r;�-,� c,�, ,r��;=ewuj;� :.��q�'�'i�;zY�;�'';,��:;r..:;� �:°� . � :.q'�`�,��� .+Mfi':�r�t��;`�l�4'' y7,�t,�.:. .� �ay'� �nYJy� ��`�1�'cy:r"' < f�'�� 3ra +�.i"' �,tb I���tU! •. i�: t�. i ,�� ��'. 'F,ei ;'sS°` sz,�.�r.�- ,..� 1. � �`� '���"-i:� � �7�,�.�;�rt:,:,:<�.`�•,r�, r �'`I: S:t�{L•r�'f,�, yy#: .r3.�, �" ^.:�.� � : r�,� i� } S�1R. •A • t'y�zt�F �f�( i y.�41;`}�; �e.':� .. ���� � i;�� {�L}�+;���i•.5:�;�1°;::Y•�� ` � T^:J r'r= ,•��,°•�(i`'i?Si `d'��~i:.Y/ - �. :ip��,.'c;� �„ `,.� �,'��" a,�".�:.'<�"; t�', f�':�� `�;� �, � :�r�;r��J��:: �.`y;' •�.�r;::;q.f.�; ;e�;�:,,�y�r�n. < ,.,: �`4 [� A ,�,,,,� rf. �, :•�.�,�y�;sr;,;l.';3�'•. , , � - ��''�'M1rri'! •°' .��,'�G`��,tica�a�,,,�ii�� .. a��j.: a; Y�^ ��y,�;j;i tvu� �'>t.. � 5�:tf� `yF'��'��.` a:"��n."� �_ .,?t:J �r_�-� �...�>:5���.tyz.,,.=,,:;_• !: 1 rasolution under the �erms c�f the O�dinance and all capitali�ed undefined terms used herein shall have �he meani.ngs set forth in the ordinance; NOW,� THEi2EFORE, BE IT RESOLVE� BY THE C�TX COMMISSYON OF THE CITY O�' CLEARWATER, FLORTDA: 5ECTZON l. The issUance q� $7,680,d00 of the S�ries 1591 Bonds by the City is h�reby approved upan th� terms and conditions set forth in the Ordinance. SECTrON 2. It is in the best interes� of �he Issuer and th� xesi.dents and inhabitants thereof that �he Series �,991 Bonds be issued utilizing a pure book-entry system of registra�ion. Tn Furtherat�ce thereo�, the �ssuer authorizes �he executian and delivery of a Letter of Representati.on with The Depository Trust Campany in substantiall.y the form attached hereta as �xhi.bit "B" and the Mayor and the City Clerk are hereby au�hori.zed to execute and deliver the Letter af Representation with suah changes, insertior�s and omissions as shall be appxoved by the of£icezs o� the Iesuer execu��nq the same. 2 � '�l �; � ;r� .' � ';� . i'� ,� t . m � � ' �.�:.:._.,. :x..�.�s'�:�±�+"�., ' .!�'... t � �p. >r".S��a:' ;3r.M.p.�e�,t.reu;�.s. .;,��..�. .. �.t"�k �i' ,�.e.�.�F°' - �i v �'h y�� �•��1'�~��}' � .1 � .. 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' � 3 ik.F ti�--.-. ...,�i .�i;�:;:'.'f' r^i.r-;i'g. �� . ;�I`1�'Gf'<. �f..�' e-�� . ¢i; �+��pi f, ' jo(� ;.'• , � �.� � =�c r j��,� �'i .7� ` , .'bs :�' �`� .t'��'� :,>:,!.4��: �,.'•:�•.': �. G . '7�� � � � !, ;f,};^.�.q'.,�.;�s,3EF;�:;��,,§�, -: S�CTIdN 3. Due to the wiZ�.ingness af �he Und'erwriter to ,`-�'�� �����" 4.;,, �+'`�. � .- 1:?�j, ,�>�.. :� ic� ` �,� � � ' � �� :a 1 , �:�';����s�;��-`l� .�"��:�i',,�;'�, , �.�� ' � � °� purahase $7 sB0 00� in aggregate prinaipal amou � �h s `�{�'�k '�;, �� � .`�i;ti: ��•<°�i •�::; :��:�,.s „.,�:. '�'� ► ► n o� e sries iy• t 3� . ,�. � ,,�.�, :, ..,i;�,,.�� s; {;..,.�,',.:.. , , J ,5, Lv-^;'f �'� �F."t:�,i'� ,�._r;•'. : , �i: ', !i �"+�F' t : ' �>`��"� :r` , �,':'���• � +.iN:''��`;. �` 1991. Honds at �a arab�e S.nterest costs and �he im dr� n e o � �'���' ,�,z �., { �?`}';'=:`,��;. ,5;.: , ..;'. , , ;���°a� � p a c � imin9 F �: � �.. =: 3 ; ; �,2�� ; r:: ,,. . ., �. - t i ti,.,,, ' � ;� . .� -�, ,•� �. ;t�; i.'�.t. :., "y' . . .� �?4"': �( �f � ;"��:'':s'���''�"'�6.� r�� �.; ; i"'. ��° in th� mark�tinq Qf such obligations it is he�eby de�erm�ned that `�.� v; � ' _:,�..;.� �f . . j ,: ' , t� � .a 4•° ��s 5 a�..�" A�e r,i � �L !"r( l��,�,� ;:•:��a=•,;�:�."`°:;r:,s `r;��`�'� .�� it i.s in thQ b�st interest of the pubZic and the Issuer to s�ll the :�', *.±;3.�. * i •. k• £',"" ,;,,'r.'''r` .';='f 'Y, �'"�'�: � • �`1��c'�;".r.",L'er.�.�;?'�' ��.;;'•,�.c�,.�,;;'� �,��' m' +' :�.'_°;�f����'��r�,�:3�'. .,�}nditls�``�.�1 ,.,� Series 199�. Bands at a negatiated sale and such sale ta the Under- `_ . ,' s�'� � 0 ♦i'>> •�� {�? � :'�` �• <;x� ,., �, �` .��, �� . �,::4�. ,. ;� : .,, �t�. ;:; �;; �t- : �. � }, ;`i-. i.,, . ; �i 'i.: writer pUr�uant ta the terms and cond�tions contained in the Purchase Contrac� and herein is herehy authorized and approved. SECTTON 4. �'he series 1991 Bands are h�reby sold to the underwriter, upon �he terms and conditions set for�h in the Pur- chase Contract attached hereto a� Exhi.ba.t "A" and incorp4rated by reterencs. The Mayo� a�d the City Cleark are }�ereby autharized to exeoute such Pu�chase Contract i.n substar�tially tne foxm attached as Exhibit "A", y�ith such ac3ditional chanqea, insertian� and omis- sions therein as do no� change the substanc� thereof and as m�y be approved by the said a�ficers ot �he Tssuer execu�ing the same, suah execution �o be cdnclusive evidence of such approva2. SECTION 5. The Ser�.es 1991 Bonds sha11 be da�ed, shal� bear inter�st payable at �he tames, sha�l mature and shalZ be subj�ct �a red�mption as pra�ridsd in the Purchase Contract. The use of �he �roce�ds af the Series 1991 Bonds, shali be as provided in the Dff.�cial 5tatemen� relat�ng ta the Ser�.es 3.9s]. $ands. SEG'T�ON G. The Series 1991 Bonds sha�.l be issued us�der and secured by the Ordinance and sha��. be executed and deliversd by the Mayor, the City Manager and �he City Clerk .in substantial�y �he fona set for�h �n the ord�.nance, w�,th suah addi��ona1. chanqes and ��.�'�.v�.1: •s ;.��i�i'!I�%e�y�i:EM.�4.;�1.�i�-(�,•� Yi"e .r"':"",1:..,v .� .. .ry' 3 ..-. � .... �. - .� . .�. . . . ... . . trf'.-.. . � \ � � G � � 1 ; f � � �� � � , �L,'�, �. ;. .` . . �`'.� , :;. � � i4 .+` 1 '= c �,r' '� �; �', ' � ��"~�1�� � °'�_:fN d • � � ` �.��i�:C�'"r:a:�r,• ,�- _ *w•-v; . .�r�`'t.i� . .;e•i�. �r . .�rr�`?i::� , •�;;:i��t�;�.•,��:r°°7. �p . ; } � � . '7'�j'cS�° �.� ' , ' • '��� '" �� � . ' ;t, '�. - ��' ' •t``. .. iy;�`���;i���rn•k !�e- • °�i. ` • 'S 1J � •4� ,��`'If',:1;:-�: ,'a'•'dr,!6�p� ',rir;'t.��j° r.•tiL� �{i�}��:t:?,;�.6:i�°'•��at�6'�.�. �yr.Sa�'.,3�}� f 3'�' '.� i. 'w��:. ;b;;_; �' . '�, i�.i�,�,•f ZI:',"�''�''� • � ,, ; s 2- i,, �1., :+y�`Ap :.9 ,,��,#,-x'.?}'',•,�;�}'tr' � l•�t" �;,: ''. . `1i• �' ;,'i:�`: � �` T` : �. ,ri.�. rf' �^'�.�:i'� �'�x.f!;e�'�'i` ° �..:��' '� ]� a i' $ .,j . '^ '�[c.�-d,:^F .�.',�•°.d' d C:'4.;� '•'�G•.: -i'.y�.«' ,.'v, s�' ' 1i�fY + s�iy�r �r .��7i4 4 R p o,i.:� t ��.:n'71 :°.3.>F':. e��`. ' dL. . �� .r t� �.: � .; v,.Pw.( i- •.e; i: i^ i"r�� �A.�'a� ; ����.l� � �jj �� c`Y".�}l' aa • Y,��.YC i, x:�' � ji... ' �� � ' �' ''t:.t,��'�t:,fi. � . t . .. �,��1 '�1i0.. �q4+-f.���t ^ ��...v (l�".�.b �"�!� �•+`� v Si•lt�f� ':f lti.�r'.il.�rt�:. ,. p, .,Y'i!'�"• �51���s'� q}i:s;:�. �. `�fyA,i 1 i..�, �4� �'+1,� �? sy�.}�� �tl' rr� •F 1i,e. 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' ' r'�iii� � �'`.'t'.t'..�it��}il'. � 'L. #7h��jt:k �1I. . ~��..�iM\��«t.'�-'astx.r.�.t....�_._..._.....__..._�...._._........ .....n��u am.w _......�..,�...�,.._....... ...�....._...._. .......�....�.................. . ...�....�swrw M��.•L ' `"�;�:�(�r'���'rfi: ` :�:�. � �_ 'i� "`�"' ' .' e r �" .ily'� i:' 'tJY: !;e .'.*�!....;��.:' '.`a� ij 1: �' i.'�"+�r•s ��u4'-M�.�:��� • � � {' . , .. ` i •tr.'�: � A : t�l..'. ' . z'`S".�±:��t \ ..Y :, ' ti �- ' !.� • .e, ��:�4"•r,::r;ir.:=:;L.�,�f ��{�f,.: ., Yf{`rdr.�;`�1 :'. ,'`��1 .� , ���i��'N �,f��� ��i�'�ilti �y; i ; �Y '?1 E � �� S�s"``-�';`i,��' ,� !<<� � `f,c�• ` ii 1 !, 's. : ) ` '�i¢�:M„L�iJt�',���L� �, �. 'E,F�;.',�ii�.x:.l�i..�1'i� �.�I�i�iii�'N�. ����� '+�:.� i . . � .,"�;3,,,, � .�i.��i,�::�:., .. ,'g.: ��.. '� 3 . � "� � �-, °F � ��. R r. , . �•. 'a'������=`�'���::�`=�� � i i.nsextions therein as cnnform to th+e provisions af th� FUrchase E�'� r",� •,. +'r �. P�i,� .�'.1 q ;�,'''d�4�,,ti 1 �.�'• . ,�`. �•�.•'� '��; � ' ,7�.r.+� > �;" � r"; `:i'� , ,:' . , !, i: ' , �i' } `f'j' � �'? ;' =;:.i��r�f`�c�; �N�',..�°,^ts:.;• .�,.;;� Contract and su�ch ex�s:ution and delivery shall be ccnclusive f,,'+.;���`�����,''�' � �,•, :,,• •-���- ,. � S`- P }:ti�• � ��Y� � u s � ''y``�''Sn4�' `; �'�`Y�t�FY;!q.'�r evidence of the approval ther�nf by such ofEicers. ;°�'���'�: y'���}g,,, � y`,; +r tr# a� Z� � �k�C 4 '.i�, i' ,.�i .-„:�,u.`..�tr�� %:� '1�+� }, +a: ��y�``'"�'� �i„��•`�r'�"�� SECTION 7. First Unian Natianal Ba o :��` '�� t '�,'� ,.:;; _y`,,�; ,=o.;�l;.;' nk f Florida is hereby �,�� �� �:� "F:.��j iSf' ? :i`� C{ � '.M1�'F .� ��}i�� �Y, 1 �,�"�°6+;�,���;� ��x`'�•';'�';;;�;':,, appainted Payinc� Agent and Registrar �or the Series 1.99� aonds. ��,���t�'� �,'t ag�,,, 't,•. :;�,�:•: ;.,, �.:� � , 1 :i�.'. p��•�s;�,i�i;...:�r';, •_v: •.: .`�+.�. 1 :,'r�:,��:�f�,`:,'��;�:;"t�;:. .� SECTiON 8. Fizst Union Natiana� Sank af Florida is hereby ��' � '�s� `,���lty,:•,`-;:;.' ,:.;;,•+���'s ���, ���.r"*� `{��',�'�"` :s .�'• �� ' appointed as Escrow Agent under the �scraw De osit A reement '�: , � F � '� � .v,lt:��.sl. -� � .�': �,_ � g • ,�3. fir : t .� � ,'� r��7�'� yi+?; �: ��ti��`��`f:` :;,�--ss,�;;a: �!�.���:��;;� ; ::; �, '• "r` j;.� °°_.,�,C "i� �y;r; ,'f�.,; SECTZON 9, On the date o� i�suance of the Series 199�. Honds, �he Issuear may transfer the �unds on hand in the varzous funds and accounts established for the Re�unded Bands in such mannex as may be approved by a c�rti.ficate of �he Finance �ireator executed pri.or to or sa.multaneously wi�h the issuance of the Series 1997. Bands. SECTZON 10. The distributa.4n by the Underwriter of t�e ;��: Pre].iminary official statement is hereby approved, confirmed and ._ ratified. The distributian oi a tinal. Offici.al Statement c�f �he � W r� Issuer re�ating to the issuance of �he Sez:.es �991 Bonds is herehy approved, such final ofticial S�atement to be in substantialZy the farm attached hereto as EXhibi.t C, with such additional changes, inser�ions and amissa,ons as may b� made and app�oved by afficers af the Issuer executing the same, such execution ta bP conalusive evidenae of any such appzoval. The Mayor and the City Manager are hereby autharize:d to execute such Otficial. Sta�emen� in substan- tial.ly the form at�ached ta th� Purchase Contract. Thc execution ot such Official. Statement by such officers is hereby approved with such additional change�, insertio�s and omissians as may be made and approved by such oE��,c�rs. _� S . 4 , . . . ... .. ..�....:.. .i ; , `'��� �' i �� �� r. 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' �� � � .r.yh-�'.i.-t'k�r� �t��3.�.1 i 4 .f `! :, ., � � � . v`: �ti' t''Ca.a'r4 �.r ;�.? ,,, . i � . 7�r r 7 i�'.^c1 `i�t��,,;�r•' . r�. . ; r s�,�� �y�°4G4.���``���F• 1 . i � t� �'� ��''� '� i>i1 �r . . ; t.Y. , � , ;,i:•f �,`i � kiy' �,• ,&i..,'�,5� �r:ti:' 7 , 4�� • j a"C['�+#`� l,�x� �,� � h.�f,:� �;�. ,'i' .,, ;�;' l�� �y ti�:;:,: � ;"•, 1♦r � r, F, , �' i j j'r� �'.� i`'.��.Y� f � ��'�.1'� • ..E . '•�M1 , r'�SlI1S,�I�•� �'��r `'i!'s:ti: �+ ;�'� �' �: ^''' �i v4.�' ��'r��'��'� � •S� , ..�;t' '., ' z,q tii'.�4�"�� � C �l#,�' Y T !,: �4�_��'' .�4;-�• -- SECTION 1�. The purchase of municipal bond insurance �ram '���� ~�'" � �'� eyi �it��t , 'i.•:.. ='y�•,l,; � Y �,r if � .y:y i `'r � ' ��, � :.{�J �Za { r; .•':.� . A''!.;' � ' ;i,�Y� Gk� � ::�. ,,�,��i,���;'' ��;_'�-�`,r 3�;_ �- AMBAC r dem ty Co p at o ( i� n� `? � t �� s �ne n ni r ox i n AMBAC to irrevocably guaran�ee �he .�'.�,� ,,�, .14r� ,;.,,r`,•, p„r �, ' .7 � p <ii�".���+�,��f� riai � � f; "i,.{ �:.� ;.� ��t�}�{• F +,° � . rr .j � .,r:i',/- � �,;`�>�i�;;�;�;;:�=,�;b;-�:=t.�` payment of pri�scipa). and interest on the Series 9 � �y� ��� � � �y' ;: .,; ` . . �,,� �, , 6.. . � �9 1 Bonc3s is ra- ti� Y�`� � �4 �14k :'it`�`'' =' y u� ty� � w :?;s��i,�• %} .''•� �''�:,� �s•; ': z.. : ' '�S'� ak':; i' ''j� 1 E,�. �.�.;,°� � ' ;::,�� �;i, �z�:z�i`;._ by authorized. � ,#,.�r, �. F� _� -�� �yt`i;:. ;': '';:y,s :,yy,_,„ i . . ;�i'��fi'�'�a: r ��'" `'?,.�.:�ti:•,�.;.i.'. '{I'�k��.���� ,.'h �?��x;M�;�� 'l'�'�>;;.�.;;;'.•��'=?;� SECTION Z2. AZ1 priar resolutions of thE Issuer cons e �y'�'��� �'�� :�� rsf�,.'tF:.`�t�:.�:�'�����;w;�, in is� n� �:�� � � ,::.� with the provisians of this resolution are hereby modified, supple- �'�. . mented and amended to conEorm with the provi.sions herein contained ;_�� and except as atherw3.se modified, supp],em�nted aiid araended rereby _r. ;:�; shal.l remain in Full force and e�fect. � SEGTIOtr 13. The Mayor, the City Manaqer, the Finance 17�rectar, the City Attorney and th� City C1erk ar any other appr�pri.ate aff�,cers of the Issuer are hereby authaxized and d�.recCed �o execute any and aZl cerCifica�ions or atiher instruments or documents required by the Resolution, the Puxchase Contract, �he Esorow Deposit Agreement ar any other document reterred to above as a prerequisite or precor�dition to the issuance of the Series 1991 Bonds and any such repzesentation mad� therein sha�Z be deemed to ka� made on behalf ot the �ssuer. AZ1 acti.on taken to date by �he officers of the Zssuer �n furthe�ance of �he issuanae af the Series �.991 Bonds is her�by apprQVed, aonEirmed and ratified. SECTT.ON 14. The is�uex designai:es the �ands as "qualified tax-exempt obl�igatians" within the meaning af Section 265(b)(�) oF �he Tnternal Revenue Code o� 1986, �s am�nded (the "Code"). The Issuer and any suhdard3.nate entities af the Issue� and any �ssuer of "tax--axempt'� debt that issues ��an behal,f of" the Issuer do not ,.,• ;�<i,i:s �c J•. y. �;1 •,'' . �C.� 1. _ :, , ��trFT`n.i�:��� •'�I 1 � .1 �" 5 �`YS.�' `�Ir::.4�.o- •�� .`1,SY �,'' •'�I! f.�fl.' ^ �� �i r i� . *%x} �• , 5 _ . - .. : _ �.. , t..� . . � � " �� . .. . . ., �.. .. ... . --... �.. .... _ -���a.� � �. � � i�i , .� a :��� ;.f � :'a ,�• , r.. •. `� ��� '',�# i '�; 1 ,. �• ;i ?, � t. t � � � �� / � � w ,� rn7;• :M . �< ��r.. lea . 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T ..t . . _ � . � rsasonably expect d�aring ca�endar year 199], to issue more than $10,oA0,000 of "'tax-exempt�� obl�.gat�ons, exalusive o� any pzivate activity bands, as de�ined 3n Sec�ion 1.4].(a} of the Code. SECTION 15. Thi.s �esoZu�ion shall becom� ef�eative �mtnediateZy upon �.ts adoptian. Passed and adopted by �he Ci�y Commission of the C�.ty oE C�earwater,�Fiorida, tha.s 15th day aF Augu�t, 1991.� i��� ATTEST: City Clerk Approved as to farm and correctness: City Attorney ' "�Y�y n'—�M'sw.�� __ '.' � . ' �. i By: ° Mayor , � , : '� ��. '� ^ . t . . . � � 4 �♦ �r` . �..r y. �. ..e• , n � _I. • ;1 ' � _ • .. � t� �� � �� �' , �� `� � J `' . ., �� 7 , _ __ ' � } � � �' , i. . " , 1 .1. .� � .. .. . • . . . , .' • • , . ��•��'"'�<, �� � '� . '.'�„ry f.}�'1i'��Ui��.�y` r�y�c �!i+° �; � ' : r:'�.' `�ti y. 3%'it�' %h: � ' , � � i� �i ' , .. �,7�;" ri5''• ��'y'3[: "t. �t�•i.. f ���'i'ti;b�'iyu�''��. } r '� • . ". , u. i. , a ' C``�,,�� ' . 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Y-;sl1 �r1,•�3}(.. i �`�, �r.: -�r ..�... :,:• ��h t,�'; �i.s��r�is7���.�� j .. `�.��. �.f { �,..;1. i .'-:• •.. . � Yh %�(��I Y.� >>(�,�•�� s�'� �� ��"�,, �'�,e�..�'', , 'S ) Z 1 �:L���, ev, � �':�� � a�:�� " i t.. .. {. . � ��,saa,aaa ..������1j�+��hT�� L �� '►.`"';''. � E.:.,::"s: ```"� `I�.•, 'r° CITY OF CLEARWATB�2� FI.ORIDA �� r�' ri` u.,��'��� �,� � :,�; .j .� � .� �` . ..E, . �' ����, ��2.! . :t�`�ES,,'.`,;., : `;;;; ` `"2'�� �, . ;� GAS SYST�M REl1ENUE BOND5 �°�';�� �;�s'�'-;� F .,' k�xt. .4,�,,� .- - � �}'';� SERIF�S 1991 �'� � ' r i ���•. .: � • ��',', i i a - '. 3'� � • � ' t�� . ; �>.i�:��4',, 'ty;,.�'%'r'`� �.: -� ,.'�� i: �.,�.,'. '- :,c', `: ;; a_ .t.; { - • . : �..i. � .�, ' , ;1•�1}?:1'.`�s��: ,,,��, 'ir: i'�1�, . l�i�� �; '�".a�vr .`���'7��f{''��:�;,i;i,'�'a='�',� �'`�:.,'�'.;:�� '� Au$tlst 15, 19�1. {r � �V;;� . . L�.. , 'p,• � �, ��ii•, �'.':v �.s�'',�''•"c : - •'�1;:,�� r•� r': • � _`, . �i J Iw j� .''it•,.� 'V:��i�!.; • .r'"3 ;d';��� i?. � �i I .P�'r ;,ti-..;��t W,�:�,,.�.;.�'��°.',;� •Y�.�� :;'� : � , . � PURCHASE CONTRACT �- � ` 't l.:Ft.r,..�: �I :l.^. Ii�� ;Fi.. 5�: � Y �,5��` 4=�.� >�i.�.,a��a�;.�.i �. : �� �.. . �Y•�� �' "�'�'��` �r•)r� I�; ��•�•� �_•i �. •: � _...','J` i'• J � r �! F' `.31��i>�S��i'�ti'v,`'iit�'`�„lv;;'„'';_':°'�!= i� ! � <�. �=�,���-;�a j�...r::�� ., .,.;�>�:;;., Mayor and City Commisslon �� 4� "s. ,. ��t:. s. �a:���: ,, �.� :;,; �.;-{,,.,.. l. . 5 ?: ,,,�=3.,. �ri:; ,r�.�����L.- � �# _ , S� City ot Clearwater �''��', � � �,� ,; .?� �. ,, :r°' ���": •e� F ,ri�,��'s:,�,�l.s. i•y��;"Y,f'J��'�'. f {.,�:;tiJ�if;�s'J�w1'si..i•>';�i:•'':.; i:. ' ;.:��:� ...� •. 112 S. OSCeola AvenUe '�'t: �� � ��:��. , , '.,� 'q} . J• �. E`s.dC�_.. r. �.'�97'�� ..�.1y"�t�i7S�i.:'!, `.:..,�;� �,' t ' `y' ' :�J.ef�{'' .5 �1,1�:i. :13... _�•fi��i:,��.�e. � � � is :r,� ,.,; ,: r; � _r{. ,s Clearwater, Florlda 33518 Dear Ladies and Gentiemen: ��:.`-}'a� `,:' � The underslgned, Smith Barney� Harris Upham �t Co., Incorporated (ttie �s =.:'(i..r..;', ���..F...� ,: : "Underwrtter'), aifers to enter into this Purchrise ContraGt with the City af Clearwater� °��'�;-,��� ;�. Flortda tthe "City"?, which� upon acceptance of thls offer by ti�e City, wlll be binding :,:, •� :':�•, k;;:;:;�`;; upan the Ctty and upon the Underwriter. This offer Is made �hject to written `� �id'�'�= acceptance hereof by the City at or b�fare 11:OQ p.m., Eastern Dayllght Sa,vings Tlme, on °3�� ����:�' �he dttte hereoi and, i� not so accept�ci, will be subJect to withdrawal by the Unaerwrtter '`'`�'��k?=�� :' upon notice dellverec! to the City at any time prIar tn the a�ceptance hereof by the City. ;s,�--,.:• .. . � 1. Purchase and Sale. Upon the term5 and condltlons and in rsliance an th�e representations� warranties� covenants and agreements set forth herei�, i�5� U'nderwriter hereby agrees to purchase from the City, and the City herehy agrees ta sell and deliver to the Underwri�er, all (but not less than al1) af the aggregate principai amount o! $7,68D�04fl City qf Clearwater, Florida, Gas System Revenue Boncis, Series i991 {the "Bands"). The Bonds shall be dated Septemher i, 1991. The purchase price for the Bonds shall be $7,367,259.35 (including orlglnal Lssue dlscount of $200,025.10} plus Interest accrued on the Bonds from the dat�d date ($4,p66.83) to the date a# the closing referred to in Paragraph 7 0# this Purchase Cantract {trie "Cio54ng"}. The Bonds Ehall be as descrihed � and shall be Issved and secured �nder the pravisions vf Ordlnanc� No. 5i18-91, enacted on August 15, 1991, by the City Commissian. The Bands shall mature at the times and in the amnunts and bear interest at the rates set #orth !n Appendix Y hereto and shall be subject to reclemptton � pronided ln Appencllx II hereto. Tiie InformaYfon required by Section 218.3�H5{4?. Florlda Statutes� to pe provided to the Cltp by the Un�erwrIter Is set forth in AppendI�c TII hereto. 2. Uetivery ot Q�ficIai Statement and Other poc�tments. Qn nr befare the date of Closing� the C1Ly 5h81! dellvecy or cause to be delivered, to the Undarwriter executed cogtes of the ilnal Of4tetal Stateraent deted the dete herea� relating to thc Honds �such , final Officlal Ststement, including all Appendlces thereta, #InancIal and stat�sttcal informatlon Included t.herein, being herein c,�lied the "Official S�tement")� slgned an behalf of the Clty by the Mayor and City Manager. ' BND/72BOPCoa/910515 � - 1 � : .' • . 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'�f At Closing, the City shall deliver, or cause to be dellvered, to the Underwrlter ��.�-� ���'��"�{ r:, �� ,�� Sr� �'r;�7�� '��? �'�:`f,�'.; �'�� �. ��+ •�� ,�; coples of the Ordinance. certlticd to by the Clty Clerk, all substantially In the furm ��.��: ,� C ;1���-���. ��� �`• �- �''��;:3�'t- • k •��' �eretofare dellvered ta the LYridervrriter wit� oril such c es t�erein t�s eed u n � ,,,I.�.,. � y �+S � PQ ;`�.,,,�e... �.y'. �: [..! } �:}' �,, •S A.A�; ' � . �" by the Underwriter. � `'"���'a� ,' "`:TZ`, `.zf�i'. :4� .� `!, `',: '.a' . : ��f��'`�F��'�.`,�� �� . '°!'�,. . }.: ����� t�y��.'.'::;•�r:�f:�� ��,� ,,�� ;• 3. Rep,resentatian of the.Underwrlter as_to Authortt�r. The Und�rwriter has .4+�;'.�' °_ :;�;,:�,;,;�; 4`' ,�� � been duly sutt►orized ta execute this Purchase Contract and has been duly autharized to ��� �5 ;�.:'',�; ;;K�: �: �,�' .' •:;�•,�� • act hereundez�. "', �. . r. ' ^ � .11 .1` : a ���� �,+ �j'Y•,j1 f�;l yy s yJ •�:n . �."! 'Sl�.`r�: k�,ll, ` t `,?:;;`:;;;:".;�:;:r, s<t�:?:���,'.;���.':.�;;.,� �3. Pub1lc Of��rtn�. The Underwrlter agrees ta maice an aflering of all the ��� x �'���'�t�k,;;f.:':t;z' <:�:��' .:�:,�:'�:•:-�`�'; Bonds at not in excess of the initiaf publia offering prices or yields set forth on the frs�nt ' : ,, ,, � �-_..; E�'``�'•������ °��:"' `� ��'�' �':�� e of the Officlal Statement. The Underwriter reserves th� r ht to make c�neessians ;: ;�:�,; �.., .,... .., s.•� Pa8 � � "' � , . �y,•`t r . `�;'. Y., �;�'��:.. �`'' �•�'' ` �.�: �} to dealers and to change such initiai publlc pff ering prices as the Uaderwriter reasonably `, � : ; i��'g�E ,`r<•: . , ��, ,� �`'�t:'; r. .�t:°„ .P;� � .:�'';, ; .. A .��hrt; ; `'` ;u ��' � _ `''' ` � � � • _ . deems necessary i,n corunectian with the marketing of the Boncis. The City here�y =4 . T • ';{':.' ' . 3'}ri i � � .' � � � x,.'' � ��"� ';;;��^;�;���;u:�::=�;�`? �`;'� ��A;�;�:-'� authorizes the Underwr�ter to use the Oiflcial5tatement and the information contained °�� � � ', � . �: ; ;,�� ?.";,> y .:r^ -�'t', �"y.i f%i i _?Yi '.�,.,tr�!� �y,'�:"' , �';}�* �' �� ::�";i;;�;:��:'�,':;:.; ,:,. �:�. .�-. �.��� therein in cannectian witit the oflering and sale ot the Bancis and ratlties and conflrms lts �k.� i ��rts ��,:+.�r _:• �;��.";�<E':�=�.:".{...,, suthorizatton af the use by the Underwrtter Qrior to the prlcing of �e Bonds ot the ;��.,. ` �, .'t � �� : �.;�.I>-•�: �- Prelimi�zary Oif cisl Sta e gust , ( ry ° '� �" ?'�''1:';.�� :,:`: ri' : - :j. � !� , . ;� Y ` i tem nt datec3 Au 7 1991 the "Pr�limina �Df#lcial -t �•;� �:° , _�,t,:,�:.,:��,'t;::;-.�;:;�":;:,�;':.:�:.,�.�<.': �'��.• ��?�;, �:,'�•� .-�:�`'<z�; � � ; �.}�i,,t,�, � ., _, . � Statement"} tn connection with �uch o?fering and sale. 'I�e City represents the �i r��,.�,'�„�� � ., 1;- ,.;j;;x, yt�}� . , ��� 1=�.>� � ;;�?,s;��'.'g'`"�;-:.,=y�Y:r,F�.FE���}:'�s�''r":� Prellminary Oificl�tl Statement was campiet� as af its date of de�ivery to the �.Y��.�»�:,���; ':; �-';`;;:,:`�';;i {�;:W �:�r,� :':,'_,�� �"}` `-'' Underwriter and the City iurther ratlties and coritirms that the Preliminary Offtciai '`-� ;r: �:�;��;�� �;:'"; . r:'y ; �;.� qF��,.��;.'�� k�:', r., u.,� 3` ;' ,. � •, i L' :s.•.�:'��' .,, •� .:i;� `� t n "ftnsl" as of its date far the pur�aoses and w[thin the mear.ing o! Section '�. ; ;� . ,A_. ; ;r ,� �.:; .,,:-.��'�� �,,,.,,�n Sta e�ne t was .�;: �Ra•�-E�� .�:A.,�?�,`�'j.°::u.��=::t:;M w;,-���',.� _s��,- 240.15c2-12 Code af Federal Regulations {the "SEC 3tule") {excep� �or om3ssions }'6yf's'����`� r,x : #:. ::�}, :e:,. � � _ ��� :i:'� :�; �,;. +�.'s;';�;;,�' :, �::�:�,;;�;'.`_. permited by the SEC Rule?• ��'�JY,� ���� ,.. �:.y, .; ,a•, �4,._ , ' . �'; ,..•�.;��; d ,,, - F+,. ,,.:.� �,i •� ;'� �._ r , :�3�'`'.`i� t •�`��;��' ^. �'''.�a �',,," i'..•�.;i�����?%:�".�r;s.,�;}.t.:. {.;:�.;:.,�� y,��:�,.�.p•.'x.;;,,. '�3��.'F' 1:..�' ASi . 1• t.` l.�,7:li`�i.���!'�.� �,'° ;-�,5���;;• `s;`�:;•: .�:,t'.;,�.-;-; ,,-, Purs�ar►t �o the SEC Rule� th� City hereby covenants and agrees with the �{�r�;��:; _ .h`:,��i;=�}� '%`-;- ,;��J'',�-, ,'ut,..�r�},,.:',:,,-'� Underwriter that It will deLiver ar cause to be made �vallsble to the [lnderwriter coptes �' ��;� ,.�.`* ��,� ,� , ; �; �x,��F:;.�., ,�:;�.;;:, ;��`�' `'',�, "���_ '"�';�-s�::��- of the Officla� Statement Jn a form suitable far ciei�very to Patez�tial Customers �.F9,i�",T�,h-�� °a..:;=r^e.:..S:i. ;I�:. _. �. ��'.. :.,:.�-:,� �:t `'�i'��>:�:� ihereIna�ter defined} within seven (7) business days from the date of the date of ;:.; , i ; �,�� ��:. ���,, ,._�: �:;, acceptance Qf thls Purchase Contract by the Clty, wt�ich, Ic� the opinian of the `��'°�'-'"` Underwriter, ar� ln a quantity such that tram the date at the deltvery �hereof unt�l the a,�;}�..t:,.,. ; ���i�- ,����-•> f3rst to occur af: (A) the End of the Clnderwriting Period (hereinafter deflned), and (8) ; ��_..�:-.�. `'r������" the time the Offfciai Statement becomes r�vaiiable to any persan lrom a nationally ,. "���•�`��'z' recognized m�nicIpal securities information rPpository, but in no case fess than twenty- �:� �#�'�,��: fiv� {25) days foliawing the End vf th� L3nderwriting Period, the Underwriter and �ny .•, ,�.:�;�, t •'xt ?��; ti� ;Y����,Y�;,. ParticSpating Underwriter ihereinafter deiined) may send to any Patentiai Cust.omer on `���U�; ; the next bts�lssess day. by first cla5s mail or other ec�ually prampt means, an request, a �s, y��'��"��;. ;r;• single copy of svch Otlictxtl Statement. The Underwriter has heretofore requested of the ;?i;��s'.�°� City a quant[ty of Of#ictal Sxateme�ts sufficient, In its oQinlan� t� satisly th� abn�e �h�Y�'�'t�fi'' req�Ireu�ent. In the event that such qua»tity Is inSUfficient the Underwrlter wtll so natlfy ���x i� � the Cit�► in wrl±Ing and request such additianal. copies as shall be nec�ssary to satts#y .�,��`��;�":> such requlrement, with �vhtctt request the City agrees to ram tl comply. �. ���„_�,�. P J? Y The term "End o! Che LTnderwrIting Period' Ls detined by the SBC Rt�le ta mean "... the later of such time ss the U) issu�er af mimiclpal Securlties deltvers the securitles to the PsrticipetIng tTnderwriters or iIi) the Participating Underwriter does nat retain� directly or as a member or an underwriting syndIcate* an unsold baiance o! the securities for sale to the pubilc." — 2 � HNDJ726UPCan%910815 .. , �� �. ` f '�;:,� �;S ' .� , #� =x" k � +��.'• , ��� � � , , � � �� ' �Ni � r� Y �. , 1 ��t t �4�! ,_.. k'' `� '�"� 4 ��� �+ : ��"� :{ `f �§� �� .. , �� �; � i ..�. i� f;i • �; � '+ ..� �..� .. }. k�:.� F�- $. ' � �ye �� � i� 1n •��..�1"FTIG�.."��.i , t. 1� 3.. ii s rM7C � S'y�F� � �j' . Y 3 :'1. fi r t� � � � . . �t � .4 � i"y +"`` . .,�-.. . . . .. , . • � • . , � ': �_ •.tic;' �� '�,4; ''�� ',t� , , . . . . _ ., w �� � f . , ..;�i;"r'�'��• '�,� � ..:.,,.p«. �,�• � I'' ',� .. -.�• � ,; � , ..t,,i����t��.�F�����• � , ;V�e�° .Y;� •- � ` ' . . . . .� . ' ry,''��'3��i"�'1:��` C 4 . 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' '�'�'{1 j:itS��1.-'; .N.[.°,.k'•�,: �.'%E� � . . . . i � , . . h'�•,�.�-,r%�'�"c��,•[tS' :.." �{rij°��';F; `.i � � . , ' f � ' � . f', i�'N:.!-•. °�� 'e fY��.�X.���d � L � , . �,�`•;r�'-���5�}s'.�T.,f.y �.. � .�i'. . �' • . . �` �. , 'i',i: •�s: ,'� � . - .FY� i,}; �'ti�,�' 1 ;sV,'�'i: . , 1 . . � � . ` � . ti`�`:�;;�.;`::i�. s.�,.� �� � . .. . , . 1 < ' at . r '�.''�•J''�•l��ri' '�`; ' � � � , �� . ;='E. .I .� � ' . ... ' t n� � ,� � � � � ''`)�',ti.i{; ;, i l�I�,YT?�ys��,;i`�k• .. , «:.��� *�h�b,e��;r��A�'�t . . : •�, +. ^ ;��r�, � °'tt}�� ' , i' � ' 'rl'J�l � �'.?�'�,(V�i-, �. �i �3 . � � • i� • �'i' , . � � `' :.t �,M', , � � • � ' � ' , . ' . . ., , r.. ��� ' r ' � � - - , � fI; ' �'�'� . : � 4.j � <':"1+� . ' . � . .ti ',I".S.`�; r.�j,f�, , .� � � 'r ; � . ��'i!?LF'N�v� .».*-,,,.....`.. . . � ....« . . . . . .. . . .. . . . ., ...... � . . . - . . . . . . . ..... _ �.,..,_..�. ' ' . . .i y,'�' : . ' . � , '� , . �? �L�t:'.i'a=.�.fl . . � i',�.�rr. '. . . ' , ' } � '�;�,-,::� �'xiS �i i S.. r - .1`� .�'� . , � �r' F. .5, {,T��`Jrl� t f•. ; �'. 'r �- ,'�,: . , . ' " r.i re� ; ,� . 1 _ ' / ! � � ' . � i • " : � i' t �� ��' ��•'`. ' The term "Particlgati�g U�derwriter" i� def�c� by the 5EC R�tle to meaa gny � . �,',' :, :: �. .;: ' - .. � �''� • " �'• � � � � �� ' �` ° - � - broker. dealer, ar �nvniclpa2 sec�trlties dealer who has pt�rchas�k from an issuer of '�_�".� ".'.,�� ;::.r' �• �'- •.' �� �� m�nicipa� secur�tses a►ith a view ta, ar aifers or se��s for an is�ter o# m�sicipal securStSes �'`''' ��° '-' � .� in cannectian with, the otfering ot €�y snuniclpal securSty, or partl�ip�tes er has a direct .�`� . . or inr4irect partfcipatlon in any such undertaking, or partictpates cr has a p�rticipation in '��: ' .. . . s:y.."". t : � . �) 1�l�;',; '�} y;; ���, .�'. ` .�, the direct or [uciirect underwriting of ai�y such anderta�Cing fnot inctuding a person w�ose �, ,-:'"". : .,�.. '' interest is limited to a oomm�ston, cnncessivn� or aliowance from an underwrtter� '..�}�,'.:.',�;�:.;.;:;�::"I:-'":`��� ' '•� s broker, dealer, or municipal secur�ties dealer not in exr.ess a# the ustta1 anc� ctt�tomary .. :; ,: :�,; �: � •:� distrlbutors' or setlers' cammisslon, cance�.siun, ar aliawance} �n oannecttan with a `�` ��� ��'' ` � `` �� p r f m a r y a f f e r i n g o t m u n I c i p a l s e c u r i t l e s w l t h a n a g g r e g a t e p r i n c l p a l a m a u n� a f �.� �� � • �� ,,:,;. ,,���:` ��r=1`� . . :;;���. . ., $1,O�U,OQO ar moce. ����,Ytl '�f �'�. �'l, � �'�,; The term "Potentlai Custarnet" Is defit�ed by the SEC R�le to mean ".. ti) any ..;:::._f;� ,;. -.�,.. -�, �, '�:-:�`';:;;:;;:z.3:=,.'�=<<Y;�.�^:; `, `:._ �,�:,���': ��: . �erson can�acted by the Parti�ipating Unc�erwrlier concerning the purct�ase af mu�aicipal ;,�.�>..: t�: •:',: s;; ;' ;�;., �..� �,.. .�.� securities tizat gre intended tu �ae offered ar have been sold in an oftering, {II) gnY Person `'���''' °< ' wha has expresseci an fnteresC to the ParticIpatimg Undertiuriter in pr�ssibiy purchasirtg �� ;� , .. .. ., ; :. ..�,, . ,,....., �:. •• �':, .. , . , '•• r:s� -. �:.��` �'��: g.'� • such municipal securitics, �nd (iii} any person who has a custouaer acca�t wtth the +I'yf Ji%�.f � , ,A� � '.1 �4. ;, ._,.}' � 4�`' '��. ��`' �'��;� < � Parti�ip�ting Undet'wrlter." :a"?'��;°.,rV .�4�;•1`�'��. :,�T 'L ,', it at anytlme frnm the da�s hereoP until �he�End of the LTnderwriting Period the . '.1�.k7.5�E`:'`,1,_ -i :."�•-y'�.'"±'•x'• ��;,'�y.:;•=, .�: ,:f-.•-..,:�t�_ .,�, -: :�.;•:,-.". �. City b�comes awar� oi the occurrence ut an e�vent or eircumstatace wiilch mi ht or � ,.,.� :, �,, , �,>,'; Y B � $':�::��,.� �;'�.•��;`"�.;��:,,�: � � woutd c�use the O#f3�iai Statem�nt, as then supplementett or amen�ied, to cantain any 1.���,... . � ...� � .� � . �� `'`" 'Y'� � untrue statement of a material f�ct or ta omit to &tate a materiel iact necessary ta .. �,�°` ;� �. f',� i = �,iy :- `,� "•.9,`:',:r,,.. i;'.'�:;; �..}�:� r�,;; �:'.�;`:°����:�ti ;�t:; ����,,;:.� �;., maite the statements thereln, In the llght of the circumsrtanc�s under which they were - � _ : .:. ,; �°:�_�.:. �, z , Y: �.; : •-. � ' :. ,� � �. ;`•:�'f:a�,,=;,; Y;'':�'��;,., .=` °F '; �'�`�: ��, � made, not �isieading the City sh�ll notl�y the Underwriter ther�cr! snd if. in the ':��� t•�":�:=�1}`'•f,. ��fi��.���„�j+ •{���-'�; �',� reasonable apinton af the ilndecwrlter, such event r�quiices the preparatton snd ''``°'�'' `�"` "'` �' '�.�'�':� ;`:� gublicatio� af a supplement or amendment to the Offictal Statement, the City wlll at its . , • . ., ; :r'. '' . e ! •. , �li ;};�ti �;..'�tij^�.i'y�„r :i.�: Yi�,[�.:,4:-..i �. �' :'''.: . 1 .- ^ , , ,f..�,', . `�<��,��b�;�.�;::,: .,:,�.;�..�,r,,,..�;�>.,.�. €� ` expense 5ttpgle�e�t or �mend the Oifiei�l S�atement or cause the 4fficta1 StatEment tv ����°+;�:�`� �; �� ;�� •.'� "�`�: . be supplementec! or ainended In a farm and in � manrier �pprove� by the Underwrlter. ;4.-�, �. I:� �,+ti,�.: `,, 4.#1 `y.'' ,. ';. tk,�;;:��; ', .�:;:�; .��,: '��'''.':" ,' :� '��� �';• �.:` `' �,',�,� t�� 5. Securft De slti. Th� Un�erwriter has dclivered to th� City a check for ;.,t,'C `':4�i , ';�'�"•" : r't,;,�'_. '�• _;:. : u���:., ;�;� '_,,� �,;:'� z:.�`; $78,Oflfl payabl� ro the order of the C�ty. In the event the City c�oes nat accept tttls offer, ��' ' '' ��.' ;�;:;,�';;.�ti�;°4'';��'�.;��=� �`' .,�:;_a suctc check sha11 � returned immediately tn the tlnderwrite�, �i the o�fer mmde hereby ',�,°'� r: r°'::"; ��-��.�,W� '� �`"�''!��''� is accepted, the C[ty agrees to ho�d the ch�ck uncashed untIl the Clasirtg as security for �..��l�j.�7[��'������ 'li�'i,�.`.�h�ie;sl,� �+>`�;h'',�4�i:�;.`�__�,.,::��;� ;,.;``;;�.. �, 5y:- -�� the perl'ormance by the Ur�derwrlter oi its ob3dgation to accept and pay for the Honds at :;K ; : e�.. .:`:.�,,�.�„. ;�h.� �.�:;:�s�;• :�€�;i; ;1 ���,;,�...- .=�' ttae Clostng. In the event of the faiiure hy Lhe Clty to deliver the Bonds at trie Clasing, 4.�;� s^;r`;'�4; �';�;�,��•�;�:: -°,�;:��;�, ��, !',� `'' or if the City shal� be ussable to satisfy or cau5e other �rtles ta satLdy the co�ditions of . ,'r:. ��x�,<�,titi'.�j;� _:�'::<t^'iw :`t`��;'° ���''��',': t3se obli tfons contained hereIa or if the abligations oi the Underwrlter st:all be a-�,i. , ��:: r� ;'r==� ;i��tL�,��i ! k,.;'Y',,�:;_;:.:i: � � � .^+yy�Y�l�.:,^: terrninated �ar any reason permltted by thL� Purchsse Gantract, s�cS� check shal� be „;L• =��t��� immediafiely rexurned to the Underwriter and the accep�nce of ruch return shall .,� ,, �;,i.,: ..:. '�':`<<�,�::F�t:,;T constit�te a full release an� dischacge ot all c!alins by the Uttderwriter arLsing �ut af the ``''�'`'`�; `''• tran�ctin�s coatemQi�ted ner�Uy. In the event that the Underwrtfier fails {other than .'e.=.` �.'�.��'1 ��r>':{:����`�" far a reason �rmltted hereunder) ta accep� and pay ior t,he Aonds at the Closing (as .) � �'-t:,.;; F�ir:'. ;:,; �r:��,,;, herein�fter d�fined), such check shal[ be re�slt��d by t�he C�ty as anc� for fu31 llquidated '�'y'-��'�� ` damages far se�c3i laiStyre �nd for any dei�ults heretuider on the pas'� of the Un�derwriter� (': ;;���.;�Y;t ,4�'�:; �,��� ; and s�ch r�teation shall consCittste a ft�l� reiea�e and disctzarge af au c[aims by the City ya�: ;�' '' i �..� � agaiast ths Underwrlter arlsIng aut of the transactio� coat�mplatecl hereby. In the event �;� iT3 ��"4k ���`��,��r��� that the Unden�vr�ter does nvt fa11 ar default vnd�tr tt�e terms af this P�rci�ase Contract, �;,���$�;�, such check shall t�e returned ta tl3e Und�:wrlter at ti�e CiosLng. 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' . . � . �7 � � , . • ' �' . • � , � ' � : . , �i � . . : Y Y � j� . �?• . . . � �r��i�x.vi}`��j;. �:1� JS���y . . � i ` � . ' . ' . . � . � . � � . . . �;� . t.�•i:. F:� ; '' }it i.� � ' , � �, . , . , i . , . la.._, 'ta +'f`�-"s}�;'ti'.e..;�f4�' • ', ' � . , . . , • . ,�.a';R �' �%� j, .a� 1' 'tL ' � ' ' . , � tsi r.k''„ � � �! � � , - � t f/',�t'':h t+� ; i'.' ..� f�e . . � � , �' , , � ' � 11 ' ' . k �.d�yi�.i �'�� .i�y I�•`�;�. .. � ;`., ' : e � , ' : � . � ` . ' �'!, �.Y. .'�k ' � ' . . . ' � ' � . , � , � . • L , qi'• .. . E;, �" , . . ' � . ' . } ;,, . f�� . . . ' . . ' '�' = t. ,'f ° , ', . . ' . - . .�; . . , . ' '• ',:�. ' ,Y' . rv, . . ; ,�>. �, � � •9 !�1 . .r.Ys.� �. . . � �,t:�4xiA:' { :'�'i 7�_.� . �r,'''" "_;5`e`.l,e.l't1 , '1�� yi r �yJ,,�:� . ii �Ni �.'4't�•i�l. J,i � ti �' • � 1 � '�'; r�s!:�'�l:=. �i =�f� <��'li.. .' „i;,`:;' , " , �' ' . � y '.j,t.,�'r� � � � . . � ��t*1�Mta.4.+YS:.S.+:ki�,rt. �.«,. .h... ...... _ _.._.. �.. ...R�...�.,w .. � ..... -.. . �.. . .. _ . � ,. � . . . . . . . . . .. . ..... . ._ . �. ,. ... ... �.� .�,.-..........-..w�.r�rrrwaa . ' ' � y •,.'.. � � :, �,rf: � � � .. ' . �t�`�- --. �x".i :'k� �, . '� "��� . � ' . .���`�.1�':.i:�'; ,^ , ,'Y, ,j, r'7....�t.S: ..�J t `I I �}� : .y . L,4 �i �Sf��a..e.Nzl. � 1<.'y;�^ ` .t�. ��� ' i' "{' , . s'Y`I,'Y�.Lj i , �`l,� I' ' ' � �. �','i'ryl��s�1�:� f�tk .,���;._ ,'�z' }f.: � . S ♦ ]':�yy�.i•'+~Y j'� ' ;;1, . ���.J.. �` 7 . � .� �rii.,r,�� '.si�f� �i^, �`i., _,' ;t�•':,.:.','. �t Y'.: . �i�,7re1 ; . ` >`','� . y..,. ., ', : •:•' ... ,.� ; . .t : '.. ' .: '�I•" . t �,� - : �;, . .,� ;. •. ..;.. :� :� 6. CI � Re resentatlons Warranties ans3 A reements. By its acceptattice � :+�,-.3:L;�,:,. '` �`'�'' ,''������•� � � '� hereot, the CiLy represents and warrants to And agre�s wltf� the Undarwriter that, as of ;�� �-f�r t��•%�i ,. ". .�{..`t }. � , the d�te her�f: ;�j��r���;a3, A i {) 4., ''� . . . ' � . I, 9��� f' �1,�Jr�F � 't . . �� '"�:> ts3 `�' ����, �;,=�'r� .. {a) The City is duZy and valldly existing as a body corporat� aad polltic :��s:;i:'��.�� :, 3'= �35±� `,"i r` � . • . T''•"'a�`. 1A� �`te'�.,' '. '.r.i.,�' '^,' _ ` ' . y. and as s municlpai carporation. "'��1��4��"7 v• �;� _ ' : ' � � — �' 'i'�'��=a'� + ��• `�'�E�•� �:�.." ;'�''.� ' ' a� �,�} , �...,� �1;;';��;t:,,: i<�,, ;',_., �. .,, ,` @) Thc City has fu�l le�l right, power and authorl�► to issue snd sell the :��k���.�� `'�' •��;;� '.;�:;'.4: :';� ; =�:,;� � Honds as contemplated by the Ordlnance and Lhe O�fir,lal Statement. ?,s'��; ��'. 4� ^�' ,. � . .:',: ° � {�`-` � :�r'�'.���•K ;�y' .,•. .�;�" , , '�� � `�� ':�;'"�.e, � 3•` •i' , °:�^%�,Y�� .� : .,�t:;,'�'•:,;��� '� e..,;,, (c) The City has tull lega� rlght, �ower and authorlty tc� enter into this .;,�t: a,�� F`�`°•�;��'�: �'''``"` a<==':° '� " n r ct e Escrow De it A cement to be dated as of Se teaaber 1 1991 �,:.`�.,�:�F�;� , - -� , ° ::. ; Purchase Ca t a � tih F� ST A . �.v� .� �` e°�. �w>,��:,ti;��;�';F'::����. �.;;; ;: i�,`' (the "Escrow Agreement"} between the City and the F'IrsC Union Nattanai Bank of F1orlda ��;,t��`�' : � . :'; : :�. � �2:�t..s.?�� �;�;��- ?�;?"�•' A'�' as escrow agent (tt►� 44ESCTOW Agen�`? and to sell and dellner the Hands to the ,�.`�:1���; :, '}Y';j;'�':�`<�� -'':�.•,'- :�;.�; °'� Underwrlter as provided herein; iry ofilcinI actiun af the Ciry taken prior ra or zf'������ f i. '�r�� �� `�' -' ` h eof the Ordinance has been dui enacted �n s��� :k�+4 �.� :`.`�;t �_- �;:�j. . r�nc�rrently w�th the acceptance er , y `:� Sa !, . •�� .t�.r.• . �E'� ,����: �,.�:,',��� •^S'l:R�,R' •��� �`i ;�.'..'� �'r :�;;_, �'° ace�rd,ance wlth the Cans�itvtion af Florida ar�d tiie laws o# the Stat� o� #�lorida� ;a� ��;��;; ;:ti.�" .��,� .:,�. .,.� ••;; ::� t_'��;;.' `�4't�,.. , u � ��.. �. '�� `�` ��:'�"t� ,��,;.. ti '; i�iCludtng the City Cl�arter (callectiveiy the Ac�' )� tha Ordi�a�ce is in iull force and has ,:�4��b;�,�� .: :`''°;`;E �, : ;� .,, : n a d e E row A eement w en eacecutedb r: ."�{�;r.''��'�,, '.;.,;�. ::� �,� ',, ,k: }_ :;,�,;;,.,,_,..��, not been resclnded; this Purchase Co tr ct an th sc gr h Y �,:�:�,,.�,�,- r ..,; ,; �.� , ;' _< ti.�` � ::'��I� �;` t`,,, ''. the City wtll be duly authorfxed and dellver�d and wtll const[tut� the Iegal, v�lld and :�.�}�'�. � ��. �.t•. ..s, �.,; �li�• r.�;• ;;:. �:i' �"'�F� ���: -:.::�k, ;, •.; �'r;. birrding obligatilons of the Clty en#arceahle in accordance wlth their terms� e�ccept as the �� i i��,��'•� �:�,� ���;�t���='__� :`�'':. �.:'`:'° = enfarcement thereof may be affected bp bankruptcy, insolvency, ar other la�ts o� the ���; �r,,-�`; -f;`- t� a 5 . il`!>� .. �; .;�;��...+,�� l� • :,`. . � .��-'•t:•, ;; ? ° `, ��.' �' .;� ;. �?'��" aPPlicat�on by a court of equitable principles generally aff ecting creditors' i�tghts; �nd �-Fi- � ��`� !�:"''S: . '.-' :;"� �,�fi;• ``:�:��`.�':;� ;`' :;±���',:`��.� :���'�=. .'_ . the Ctty has duly authartzed and a roved the cunsummstion b it of alI other ,�'��-'>�� }'' , '. � �: _`;:. �::� pP Y :F,:�a�:. ,. �..::,... � ;.h; �.;�_ •'• ' ;,'^ ?. , s,�. Y,_...�'' ", �`"', �s�:'� ��: ���_�� � transactions contemplsted by the Ord[nance, th�e OffIcfa! Statement and this Purcii�se .�=���F`y��r -.,_,;:t:{(:�ir:yr�':�1.`w'�`.� :;1; ;ti• i�tirccirl '��<;t'.".'tiz;•..;,;;� �,�.�'��''� �;:°•�-; ;Y�`;<' Contract to have been per�ormed or cansvmmated at ar pr[or ta the Date ot Closing. ;�;�k,?n-r;�; 3�Y�.lf���i1��� ����F"� k�'F i �'�.4''4•:�.�^ �'i "�'•j�;iFe�� ( ^ .` ��3.��. i . s..' x�� .1{��f r�f=...u, t: ;y:;. :^:�F �r.;; ,;�,,. ���§.�p!'�`:'�;�° ,, yr:.ii��.F�„i :: ��:'-J � S -;�:,;;;`�r.�'�;"_�`�,-�;,. .� ��,,��;-9�:-::�. (d} The execution and delivery of the Bands, this Purchase Cantract, the :�; ��;, . ;�; .,y � 'ii�;,4 ',., ;4-';� �ri��,�K,�� 'r_3;a�f:�'` �� ;,�� ,, : , '; "�, ; •.. � � Escrow Agr�ement and � the adoptlon and 3mplementation of the �rdCnance, �nd �Fr; r �- �: 's`�:�-t'����`•:t��`. ����``" �" `" ��:`_ campliance with the obilgations on the City's pa�t contained heretn and therein, wlll not �.`,�`���;'�;'�'j� s..3�"Lt;..<`J'_. '�a.. :s''..e�'. .... ,. ,.� c.;..:.:f:�`v�'.'���i '„�,;:�,i�: �: .;; � _� ... ..�:�.., V.,1'}1L�, � rr �; ��Er .�<<, AY'Yi . =:=�; �n :• , confiict with or consxitute a material breach of or materlal default under the Act or any federal or Flarida constitutional pr�vision, law, administrative regulation, jud�meat, decree, loan agreement, 4r�d�nture, bond, note, Ordinance, agreement or ott�er instrumeat Lo which the City is a party or to which ttte City or any ot Its pz�aperties or other assets is otharwise subject, nor wllt any such executi�n� dekiv�ry, adaption, Smplementation or complimnce result in the creatlon or imposition of any materlal lien, charga ar other security int�res� or encumbcance of any nature what.sroever �pna any ai the pro�rt�es or other assets ot the Ctty under th� terms of any such provi5lon, law, regulatton. document or instn.tment, except as provided ar perm[tted by the Honds and the Ordinance. (e) All approvais, cansents and orders o� any 8naernmental authority, legislat�ve bodp, t�,oard, agency or cammissivn having ,�urisdfctton which wouId constitute a c:ond[tton precet3enC to ar the absence of +�vhich would materi�lly adv�rsely affect the due pertornuac�ce h,y the City ot Its obligattons under thts Pvrchase Contraet, the Ordlnance, the Escrow Agreement and the Bands have been� or prior to the Closing w!1! have been� duly nbtained; provideti, however, t�t this representation and warranty dces not apply to such approvals, consents and orders as msy be required undPr the Hlu� 5ky ar sec�rItIes laws ot any state In connectlon with the ofifering and sale of khe Bonds� or to such of#iclal actIorr b�► the City which the Ord�nance cantempletes is to be tafcen irom tlme to time atter th� Closing. 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'�J �.1�°"'h� � ,. . } ' 4 . � 1 � � ' � . � . �` S ~ . . . '�i.'fi,' �V . F���� � . . '�:.1' .: - .'f�i�� � , 1 ' � � � . � • • ' I ,�.. ;' ;`�+r '��1 '.1}�i`.. . ' i . - e ' � " . ' , '� •�'�' �. .,1 ;`G;s.,�;�:.+f '.i�: .� �,�` i+� ;' ' ����� e ' � ' . ... ...�_ .�. .... ......... ....� ...............+.nrr.ahcx..:a�.1�AL"i.`[ia� ° fN.. �„�'iis'�'��.'St�'i • i ?' � � • � t�. , � . i ' �I ��i.:S:�iL,tra�.uka�.....�...........,....., a...t.-....r„ . .. ............ . . .. ..., . .. .. . " .' ;�,'��tr;'?O:Y����w�. . i, e � . . � . � ' '�-+iYJ ��' "�'�' "7i ^ii� ��t,����•'��;:;��,��. . �' • 1'S � ' �`'�?'.�.;.._;.i�:FiyA� J�:w�' ; � ,, , � , w'; "} _ , . �';'� � 'sv. �� ''1.ii.- y�''� ����,�.r ��, .. A . ' ��k;; �, � ..�'i'.� ��. ;.�'r �.�. 4; {i�t'��„'.Sf ,:f�r �.j;. ��' '.1 } ��. �. :.�'«' �:F....'iie . ',fl: F!•. . - � . . � • .� ' "`,����:�.�;'.:,�.�<';,aF`,:;'� _�' ... � (#} The HqndSs Svh�[1 �sSUed� reg�stered and deltvered i� accard�ce with '".C'. � [ - d ', .. . . ' ' .. ' . ;;:1 i:��� �"•d�,��a:�,=�..�....j..:�' �� ,�= z♦ the O�•dinance aad so2d to the Underwriter as provlded heretn and !n accardance with the i /T� vPii. S{ `�..'�_t . .� �,. � ,�• ' '• .. ° .l v��.r:,';;���; ,� '.� ��,.�:. provLsians a! th� Ordlmnce. will be vaIld and legally enforceable obligatlans o! the City �x:f��.•�, �44.`. .' '_ -' ,�,. �i� �n accor�iance r�rith thelr teems and the terms af the Ord�ance; and the �rdin�nce wlll ;�,a�;,'�' jf�^';.:�, ��:;a ..,:. �,�..:' -° ".=r S Provide� 1t.1or the benefit ot the hotders from tlnue to time o! the Bonds� a legally valld and '�•:�L_• ° ' r. ;' .���t, r �_�BVf_O^C_$YlQ 1ler� upon and pledge of the Net Revenues as such term is defined in the � :.s.i,.�'. f. � �le 1 �� A4��": .; �.i� ' :. ..':' � .'. �'� �"� Qi411lL111�• 5'`:;i�,°� ,� i;. ti: � �, ',��. . : : .�, C,�. �.r � . ,;.��;�. .: �`s�,` t'„_,�',,-. l.,'��� J:' �1������'*��i.�,^,.�. . �.•!'.." :», ` .4" 1 s :'e.v ,� 'rt2�:." �Jh�'•di . , ..1 .. . :,�., �:`�';r.�;;:Jxti�`'��- tir =~':�':;�•��"r.:��`.: . (8) The infarmation contaIned i� the Prellmir�ary Ofllclal Statement t�nd -; ;'�;-';s�`;'f�,;;�'';;,i��;'` `'�:;�,;�:�'s��;:�:;:�.�;;: the Oifscia� Statement pertaining to the City, the BnncL�, the �rd�nance and the ESCrow F;�::as ;k,_,��. ,.:� �� �: ;..,,�� •�:�-'�:a,.4;. Agreement wa5 and �s true and cr�rrect In all matertal resQects and does not contaft� �ny ��f� .. , ww,.;:�..;�-�' �'i. . , t':.;,� . ' p, ; s . S �.5�.` .k�.t' �.i .��.���;-,,��;,?,��;.�; ;, ,a,,;;.:•; .- � �;�. untrue statement of a material fact ar omit to state. a materLal lact which 1s necessary ~�,�.-:. ;�`; �;��� ��s'�- .:� ,,,�'°.;r�;`� , to make tne statements thereln, In the llght of the ctrcamstances under whlch they were �: �- - �.t,�=G- ,;�; Y:,;• ,;::. {., �.. "�-�:-�;�''-'�`�',,'�,;�;� �` f+ w��r_,;�r:�,�:_�'''' made, not mislead�ng. ':, �,;h.'�;:a;.'F+i';;;i..•�, :.�r+�::S�:��.4`;,L'.•,•�::: r. .��.ty",1id�1�' } �:Y:e. �,'�ao.?i-i...�:.,.,_::':y: � T� � : eh� � � .L�4�y',�`�F' � �y ' � {�,.t� _�..�. •= ''+�,. k•f§•...�:�„1�._-�,,� ik{>F �� c��:.�r.` ih) Except as described In the Offtcial Statement, ther� !s no 8ction, suit, ��,���;�, �;� t, ;,,,..1e�a���`��_�_'.;. Y�,i.,: �.: "�;r�>`;=- �•��;''•. �:.•,�;.;:'s�;{;;��•�',, roceedln is1 ut ur invest tion at law or in ui betore or b an c�urt , •?�a � '°�'""���j:1t�;»� ';a'�,::t.,,,�.,,,;:,, -.� � p S. {l rY � � �9 tY Y Y � ;.;,.�.�r��'u��.;.t•:,;,�,,r... ;,,,;?�.�;�.:�,;.k°-,';; gnvern�7m.enta� ^a,g{ency or pubIlc board or bociY. Pending or, to the best i�owledge oi the �Q�"'t` y �i� i '�hFh�'Jt . ' �iti�• Y'f. I "�J,i'i:' ; �:s,'•; ,�r.° li��� Lllr�L�nCi.i� r .. 5r µ'..y,}'F �. • I'�5: J 11�`k.�,�. ' � 71• ���i Li*"..��� � A1x:- �'. G �3::. 'T;� %�'r. �i7`. iy':• ., . ; p �,t:. . S a 3�.: �, � - . r��t�;"�;�"�,,��t;�;;`=`f��ri�:�;:�;'��;�'�;�*��� (1? Whlch ma,y affect the exlsteace of the City ar the tities of � �. ;�; �;:� F S.i;.i, :,.�. :.i : ', . th�ir affIcers to their r�specClve offices; (2) Which may affect or which see6cs to pra�ib�t, restxatu ar cnjoln the saie, issuanc� or delivery of the Hands, or the coi�ectlon or dLSbnrsemeat o�! th� Net Revenues ro pny the principal af and intierest on the Boads aad premiums, ii any, ar�d to make other Qaym�ents under �he Ordlnance; i3) Whlch In any way caontesYs or afiects the valldity or eniorceability o! trie Bonds, the Ordinance. the Escraw Agreem�nC qr any of them; {4} Whici� would cause the Interest on the Honds to be includ�d in the ied�ral gros� income of the halders o� the Bonds; or . '� {5) Which contests in any way the completeness or accwracy of the � Prel�minary �fficial Statement nr the OfficIal Statement ar which contests the pawers af t�te Cfty or any authority or proceetiings ior the issvance, sale or deilnery oi the '"� Bonds, or the due adaptiam o! the Ordinance or t,he execu�fQn and dellv�ry oi th�s �.;, Purchase Contra�ct or the Escrow Agreeiuent or any of them; nor, ta the 6est luiowledge oi the City, � there an�r basis theretor, whereiu an wnPavorable decision, rullng or finding would mater,ta]ly adversely afiect the validity ar en#orceabllity o! the Bands, the Ordtnance, or any of them. or t�is Purchase Cantr�ct. U} The City wili fumish such infarmation, execute suct� instruments a�d take such other action �evt i�c:or�sistent with l,�w fn c�opers�ion with the Underwriter as the Underwriter may rea�onably request in order ii) to q�allfy the Honds ft►r offer and sale �nder the Alue Sicy or nther s�curittes l�ws a�d rsgul�tions oi sucty states snd ather jurlt�3ictian� af the United State� as #he Underwriter mt�y d�esign.ate, �nd (U} to determtne the eliglbillt�► of the Bonds ior innestment ttnder the laws af such states and other - 5 - BNDl7260PCon/91Q8]5 - . - . .� . ._. , _.........._..�,.-_.... .,.._._._ . _ .. . . .--- . . . . .. , . . , - � � � _-�--...R,�.�.. • � , . . . .. � . . � � r f ' .�� �'. ,: �: a ���� � r .z � � �' � ?r.. � `�'. k �^ k �` � ��` .� �- '� ��•. � 1�. r` $ � � ! y>. . ��,. r,a. � M. � ��r.. r� - �;`�;,t' � ,. , '��� ., . ���� , ,> ��_.. � ��._.�. ; ��. �,N, � � �s �M�yi' i ���' •� ;f �,� `, ]E�. 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'�. . � '�' :4r .�•., �yi�...c..r .'�.�,}" y •�•.s�� F.�' � .,�iY.:l ��'. `�s' . ;'�.,' �,> r' .�, .�' . �w�� •.+�.,1, f��,��t�- �, '7�a3 .� ,.Y.N�. 'l�: '0' . . . . � . � '.s�.'e'., �I.. ,��.�. ��si.. i-�{���#•:�,�-ir. - �'i�'. -� 'i .?r�,� +��. i5 �°�j�^-�,�n�ta's'1' .r7� ':1:. _ ".nt. i'y'' . . ts . ,. . , ., ..+:r. �' re s� i', .E r, ieR.- '1�t!�"rp .r �^� t �raS.&^zis(,'�r�'i�s.1�'�:f�:`i�� '-t .e�i'�..t' . . . � �r' . , , . . . . .i. -.{,��..i»r,�.r ��j' �Q �;' � 'ir,y, �r i• tl�=' . , , . . . .. , 'Y� s�•�� `��� F1S i 'a �X 2� :.� ,�:r�r 'Y.,;'!�'1��2P�i',;{]i`, 4 • _i:� . . . . • . . =''k� `tt�" �.w ;�}'�t�';,,[� . ,�r? ��� t��:'4+�. S �,ys.t� w�l: •_�. � � � � ..t !:' .� ° «i�, �,F y � �'g �s..'�: .t , . , �.a3--, h' +Y �.C4 � �L .ir��-ii '���'�." t 't" . . • � . . . . � ':4� ��°`���:��y�S" �, �EaYI i ;sR�l'i� 4 �'� � [.bx�.l. �-7a. ��i;�•.: . . ��_ . . , . . . ^ ' s�. !��. .z � �?,�....j�,^„rs>... .✓rt �,�,s ;rA� �4, s�� ".�r ,`.���„'.F�: a ��.Y�';5.i- . , e:�' . � . . , e �' ' E.`!`...�,�t , ^,��"?,E"s.,3 `�''� ,, �y�. n�y. 4i � h t s;�. '^��` . . . , , ,.ti ���'->';.:.' �;,,,,� . ,7 � �( �in �i�°:''s�,�t�y,{:�.a F9�, ,�;r.:S.:,�''F"; . , _ . ' � . '�' . � � . � ' ' � . , , �'� ���3.' `''t! : i� 4. � � 3.: �.�;�;y;� kL,.�,,��.11Y;� =t-�"'=r'�wC�•t.��ia:' 1i� , , S . .. . . , , i. ;3� �:•'y-s:,�,-.., `.i:" ..c�;,�; .'I .,�:: K}1 'w��T n�y?+, a � .�� �°t [ •'t�- . ' , � ' . . � . . . . :'�.... ,�I' . ..4��'�,.> ��f �' d } � .{e�""� :S'- '•s. , _ , • . , • , . ' , . s.� '.��;" ,� -�� , . , • . • • ,. , �-.� .��M�.� t: . . . �. . Ly� h,' ' f,? , .3 . �� tA � ti: . • ti) � .i��ai"��FS;�'i:"1t�'�:��' � v!! ir. Z '.i '<i ' , . ' , , ' , ' , . : . . . . .. , , �.��'i ;�:C:�`�+'r1'y4' ':;'�r'�f1t�,��..:7�,�� . � � ' .. , � � � � , :°•�;-j t.� � j��.t. .��. y ��� � ' � •, sT�i°13�n,.��t�� .i'� �Sj ,7,��:p;`�3 ,'r' .. � ... •- . . ', ' ' , . . ! � ?� � �x ! �.��`7� �` � i • ' • . 'r . t . � ` a ;i.:i,1 �r4. ct� k. � . . . � - . • • . M1,.:,�r�.>.<1\' ..'70"°'! ..�.�ci�f - • . ' ' , , � . ' • , °. ' a Y r i .' • ��i. `` � ' � . i I �.is'Lt,� •l �� t.'I.Ty,. " I.; � � ; � . � . . � ' . +' + `f.:(��.il Srj.kri ';.�;';r :�, r . . � , � i t���.7.� .l `)I ^�;:i,.j. 'k ., , , , . : il;�,r � �?,'� : lY.�•.:�l,�.. ' ' . .. ' • , , . ' , , . � ' � •i• . , . . . . ' ' �i �� ..i��,; 1�k; �i', ' . ;�' ' ' ' . , ' � . . , ''h, 5�*1 �. ,:���Y,•A � �(..�' � � ` i e . , . � .� . , t:• . {. � } . . � . � ' . . . i � '�1`. .� • • ' ' + . ' ��1 . I •3 s.���r . • .� � {�4':�.�r:.;� � . � �. . � , .. . . _ . . _ . ,.....-..--....�,..�+- ' ...i��� � ' . , ���1rr��.....�a`�4i+�.r.e.......«,_.._.. . . . ..w e. a. _ . ., ais.� � , . . ... . ,. . 7' `3� �'F.. ' ` � i . � '�� '';�' le .��' . ,��j � �.,sq �, , ,- .':;3. . ' . ';t � . ��•w'l,�E'•`.; ?:•. ' ��• , . � ;4, . ��':�;. -�r�'. ,''�... •� .;��;�r;� . �, °.'�+� rtfor ta c n e such ualificat4a�s in eftect so lo -"; =�� �`,: ��-���~ . JurIsdlcLlons, tind will v,se !ts best e ts o tl�� 4 ng - .. ,., �' ... .:-{� �� , . n �r:;:�.�::�;::.� .�'-� '�' .';�'':',;:�' . .;� as requlred for the distrlbution of the Bonds; provtded that the City shall not be obligated ;�`,;;�:��"'���,�°;�;� - i`'. ,,. � F to qualify to do busiz�ess ar to t�ke any action that arould sub�ect it to general &ervice of ' '➢' '_��t°,y . � �'; ,�•..�,y: ;'.� .�:��-�., •° `,� process In any state where lt is riot now so subject. ' r:l. ��"t�'�. };: ' �t , � a �; ,.i ��`�'` °�� '�`� � U) If betwee� the date of thi.s Purchase Coatract and the date af the "s��.��i,,;. . '��'•:':• ;;. �" ��° �� � CZosIng any eveat shall occvr whlch would or mlght cause the Inlormation canta�ned in +� �£z ".�' �' ,� � " - °;�� � � . . �'' the Ofliclal Statement, as tt:en supplemented or amended, to contaln any untrue ;����;,,���:�,�, ..�� #e:'�: ;- '"� ". 5tatement ai a materlal �act ar to omlt �o state a materla� fact required ta be statied ''� �'y'` �� '�' � °� therefn ox necessary to make the statements tttersin, itx the l�ght o# the ctrcumstances ti Y�� i::`:�;�l�''�: ';.. � �nder wh4ch they were made, nat mi�ieedtng. the Clty shall noti#y the I7nderwrfter -�'s:�;:,:�:°;s`:��.`�i,;,'`.,'" _:;;�;,i,', t�tereoi� end 3# i� the reasonable opininn of the Under�rrlter svch �vent requires the �z���i �''.`a�`°°�=W'`"�' �s � ' � preparation a�d p�blication of a supplement ar am�ndment ta the Otticial S�ttetnent, the .rw, �:r„ <,:...-.��',5-., ,`.'.5,..ir.s�y. �.:i..,-.� :y... ,.� .,�k:, �.�' '. `'�. :�. ��- - �`�':','_; ;s:.,�.�. ;;.:�, ��: �., . City sha[1 coaperate wlth Che Underwriter in supplement.ing ar amending tlte 4tflcial .M • .•; 3�i'. ���•���',,�;;k-..:�,��;��� ��. .�� �:.. Statement, the printing ot whtr.h wiEi be at City eacpense, in �el� #orm and mann�r and at `` `'' ..�: �.;r,:; ^.t' !;.-�cr,4•. r. �.;.. ss ;,A;;;.';j�.�`.:; ;;;''.,c ' ' _ :'�:, ,.,. y;:, "..- �,�:•<� s:;;�:�;t• ;::,;,..:: ��,,.y,'� such ttme or tlmes a5 may be reasQnably called for by t�e Und�rwr�ter. If i� �S A@CC�.;BIy '�: `':�.:r,..�'<,':�'`: ;��:t°::�°.;�.,. � in the reasant3ble opinian of the Unt[erwriter t,o pre�are and gublish � suppleme�t or �. . .'� S:r ,•'y�' t.'-.�1. F:,�. . , ,°, , , ;��, `' ,"r'.�-.;�;�'`?�• ;;4;,:: ;:;?� '�,;.�:�.A:=� "`� amenc�ment to the �ffIcial Statement as a result of Information oontained in the Ottici�i s.; ��`"k�:'%".'� �4:,•' ;,�: ::s:='':Y. �.�`,;. ;E Statement 5upp11ed by the Underavriter* th� cost of prIntiug 5uch amendmeat or ", r,�,;;�`;'�;"�'�` ;,�;I=;; ';;i� ° "�" suPPiement sh�ll i� bai�ne by the Uz�derwriter. tr'r+ ,�I •'' 't.ry�?�,��:;<<:.�'.'� s1'':�' • ." � �,56', 1E,�n •.��� ~�.'�.,'.+�J�' �S� �•:�.:,' �'I' �1:.`. .� .,-..; '-`� �=� �� ��,`.:l`. ;;�_��;':; "-; ;-,,. {k) The City covenants to compIy wlth the requtrements of the Intsraal ;_ :� ';�,:�:.,��- � Y.,.ti: ,":j'� �''��' " Renenc�e Code o� 2988, as amended (tiie "Code"} In order to maintain the exemptlon af r:;. �;`.�; ��,-. �'-�,�,a�;:��� �1�;;.:`:}��`,:.�� �:�."- the lnterest nn the Bonds �ram #eder�l Income taxxtion. TheSe requkements Include, but ''�: f; t, � .';�T'=^_'f�tf ` r •vv�;=.. � �' '.•:. ='�:� -.�.�:,' t.>>:�;s ;�:;,;,'•�•: :�, are not liiaited to, provislons which prescrlbe yleld and ather ltmits with3n whtch the `�� ;�;�,:"`• `- ��� -;.: �`"�- '� ` groceeds of tfie Bonds and other �moun�.s �re to be Invested aad require that certatc� . , .,. ,,.,�: �r. ,.,.�-. �:ns..�i,�; . '• ,�s�.:��? � x'� - -•; `;� ��:',: <��.;.'�," �:;�'.9�� ;� "' ��`r� `; ,_��'� �vestm�nt eaming^5 a� tt�e taregaing znust be rebated an a periodic basis to the Trexsury ,,• :,.. �: ° s-; � �•� '��':-',:. .. >.�' � `i; ;� ;,:�tr�`,,z�.�±;;;;.°';,;;,,"�:.-�.::� ,' �� ' Department af tb� United States. ... �;�3..<f..;:��i�'�• �:ri;,_�..����:;�j,,.;...�. '}���,� :f ,; : ,, �,:.,-� . � .5� �::��i ;.::i�s:, _ti:�.?�:���,.t, j1.,. "., �```.c�"s °f� ,..� �°�,;,' .:�:-`�.�:�`,:�� `, 7. The Closin At 10:(30 a.m. Eastern Da �i ht Savin Timc on Se tember 4 �t,>-� � �.:+);.�`._ 'i.�, ; ...:`,�: :' iC. , Y g � � P � ',;�;:�;.`; ��`'�:��#����,�'�::�:'y';`�,;�;.'.�'i,,"';3}.�r�;_:,� I991 (such date herein caued the "Date af Closin�'}� or at such #ater time or an such r• }� .1. .hft'',:�r ''. l.L�+.,i r:�'`�•' �l� �:!.'.,� ..`t,?.t�:. � later date A.s may he mutually agreed upon by the City as�d the Underwriter, the City shall, subf ect to th� terms and conclltions hereof, deliver t�e #3onds ta t�e Underwriter in New York, New York in deflnitl�e farur {�11 the Bonds t�o bear pro�er CUSIP mumbers), duly executed axid �uthenticated, together wtth the oihcr documents hereinattar meniioned, and, subject to the terms and conditians hereot, the Llnderwrit�r �all accept sttch de2tvery and pay the purchase price of the Honds as set farth in Paragraph 1 hereof irn Federal F�ds to the ord�r of the City tsuch dellvery oi anfl gayment for the Bonds hereln called the "C]os�ng"}. The uncashed check ref�rred to In paragraph 5 sha]! be returned ta the Underwrit�r at the closing. The Closing shall accur at the nffices of the City, 112 Souih Osceola Av�nue, Ciearwatec, FZorlds, or such other place as shal! hane been m�t�aliy agreed upon by tt=e Ctty and the Underwriter. The Bonds shal� be prepared and �eliveret3 as a separate, singi� certlficatecl, fully registered Boad for each of the ma�uriti�s oi Lhe Honds registered in the name of Cede � Ca. 8. Clvsing Condition�. Tt1e Ur�derwrlter is enterl.ng Into th[c Purchase Contract in rel3a�ce upon t�e representaxions� wr�rr�ntles and agreements ot the City contained h�rein, and � rel�n�e t�pon tl�e representbtions� warrantfes $nd gSt'eetnents to � c�ntained In the doc�ments and instruments to b� daliver� �t the Closing, and upon the �erformanae at the coves�az;ts snd agreeme�ts t�erein, as oi the rlate hereot artd as of the _ � _ BHUlT2BOPConl81�815 � , .. .. . . ,. . ., .. . . � � �' j 4i.�t��{ .,� r` Fy. i• � '�+' .ry�!r{j 4�i{�� S+ L • Y��Y,i .::��ll t:�x 1� ti � � t .�r°�'l, ��s,�; XT.�q��y i�;l.SY� ;���� . i .{�. , 1y ir� . i •ix y "� s,,:l � � �,,`�`- '` �'_ �+f��'.3 I .° �,�.� �� . '�� '` :�;,t�44�!;�:uF�� • i . , ',i','• < <],y}^�•` '.,.. �,.`���i`1 .^� � ��' `;� t, p '7 ,/� 1 1.�.� p11 t r' . . ; `` ���4; 9- i.r,+ �F5��}!t , �� ��� ',`L'.i;.�,6;'i' S.. ,. ' _ . . , . 4� . . . '", ' � , ,,, �r��.r" ', 4��7:`. 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' . � i' . + -.F �£v.��.� .�.�''', . ; S 1 � i � . . . �'` . . %- • ' T : !i.��,I��F. t •�..�f�.a {.� M;''.��•�i' , . . . . • . •• . , . . , . , >'�: , f[r t� .� y arF � •t.`t� . � . . . �:� .. - �." �`� .�.. ,.t; �A !y� � .f � o.. 4 .1 � . . � . � � � . .. . . .s .� 4 t�l} � „ . , •f � .. }, c .:'�.: . , . � �'!. :4i• i� �" . � � : . , ., . .` a i , �e� 3. r 1' . . �.'v�: S "f�:, �!I . . � � . Y, � o �LiSi`��.�t..'�'i�..!�;�j r.'^�},�i.� �ii�` .tij`.' .� � .�' . � r . ' � � � . ' . . ' . i . ��1 7�,� 'l�°S'y: �'rr . ;s4�7 �., . : � �: , � . � t . • . .�'.r t;3;� T�':.}k�1.� :r�:<iv,:?"�� 1 � � ' � ' � . . � � ' ' , .r..:'�, ll5 y ;11` '� . . . . . •�zsi�Y� 4i.�S� � ?°�. � .6. , ; 1 ., ., : y • , , , , ' , � . . . ' v ,,.!.�k:it�r`�"ii� :I, •3 - . . , , . �'t�SfAlih4:�'r,�.`i'°��}F ��v ��r - . . . ,, , ` ' ' , , ' !_ •'F:' ';t;�(,�`.'�, •t. °t . ' � . .. , , . . i Y�tet6,`�i'�'�.r' �!,�;, � �'' .i.' � � . � �'� �, ' ,' • ' 1 ' ' ' qt � :�. ' . �. . � ' , ' ' F I�it,;' ?F•° .l± „ , , � . ' . ` , . � . . F.� ,�',f;�;•;?''-y',\,'�;, j��4 f it� , ' . . � . ' � }'!, � ,1` ,, ' , .., ... Ij '! , � �� 1,� 1 t . '� � ' e . '�,� r: ' r:'�' ; , A'. . . . . : �; . . `. , � �^.e . . . . � . '`. „ ; .,1, �. �1 . � . 'i. i " �•i' �'�'' .c��' ' � ��t=7Ve� �S . � ' , ,.d .... . .. , ......... .... ....... .....�.... .F:. .'.Y ` ' . � . 't��l�4''Yw�Y�i.v.i4.:s���v.w��...._.......�.w.,......,.... ..-�..i..F.,��.+.� � . .. v ...... .._ . , . . .... .. . .��." .l��k' :.+�;.',r+` Y`� ' : .� • � ;r' •��• ������ �.i�i,,•'��73�•',� ' .1:.�� '�' r. 1,r:,' . � . - �.'s`'�''.! , �.. " i }:� ,.�^/Y".,'ii:,:i:..�.'° � ;; . . . 'P� • `: ;��`: . . ,�," �s�:. . , _.� ?:��;.�';��;��. :. �°t . ;', �. �`` '�`,•� �_ _ • dtite �f the Closing. Accardinglg, the Underwriter's obllgation under this P�rchas� ';>.; ;.; :' " : ` '.� ' �� :;l; •/�•�`�'Fj�41�1i`�'-�`'�. ' .. Contract to pttrchase, xo accept deltvery of and ta pay far the Honds shall be conditfoned !.�f��Y.Y�?��{�1'�!` � A' '�'1� �.� u n the rtarmance of the covenan�s and agreements Lo be periormed hereunder and 4r..:.,.�;,,..; . Pu Pe ��._.�,',;;,T�:: �:`- °`'� �' ' ustder s�tch othcr documeat5 and instnsunes�ts to be delivered at or prlor t� the Cl�sin8. .�;, ..'`' `�'• �„ ., and shftll also be subject to the fnilowing addittor�ai canditians: ': :t. n .`I�1.�1 � ��l �.�. ;x':,:.,t ..,.. .' � .. ' f': ,�`'.��i' :;;�N::;��;.�:,;'�,..�� ;-. �. :. :;�;,�'.�,.• ; fa} 'Ti�e representatinns ant# warran�Ies o� tlte City conta�ined herein shau ����'� �"'`' ��•�° � k� �`. �� `�� �_'� �� b�+e true, complete aad conrect on the date hereof and on and as nf the Dat� of Closing� [is r; �.,. . r�.,. . .,. ; .,. . �;° s �•� ��, r..i'f �" �_ �,t'. •��Li::. :•. .� 11 made on the Date of Closing� � �;'ef;" %���'r;a�' 'fi - , �„ . ': ".�',_j.; .�Z;,•�� . .;:..,�.,�=:i. �'.�, }�-<: �` � r::; ��'' f�����'�" •� ' (t�l At the dmte of e�cecntton hereoi a�d at the Closing� t�e Ordiaance� •L.' �: �� 4.'" 1'� •.: j�'�:��J'�t.r'.-s-:F.�. � . �[.•i� +a ' i'�'•y�*�"°n� �i�.�'� '.�`�."T ,, ,• • � T , , .,y ,�, .: ,. ^t,, and the Escrow Agreement shall have been duly appraved and adopted by the City� sha1l _'"'��-�="°":'z:;",��,,��;:; - ��: ��: �: �,� be in lu11 iorce and effect. anci shall not have been amended, modi!leci or stipplemente�, �::; "' ��. �:~.': ,��'.��,���_� exce t t0 �l@ @X�Bnt ti0 W�C�1 �1L' UildElW[�i@C SY18�I �1$VS ven �ts rior written con.sent ; ,:; ..E��., ��,.�.,: �-�,� .. ;.� ; , � P ' ° �� �: ,,=�4��:�.• P ;`°��;:;;1:��_.;,.;':."_::`�'.�[ f,::�.;::�.w�;�,�" and there shall hav� been t.r.�k�n In connectIon therewith and � connectioa with the .i�..i'�A�.`I�T.l''re..i^S1} n.k".��it�l.'.ti:�,' ,.��,�r' ��r�:-.;;;;i�;�;�� .��Y��Tn�'3: :::; is�uance af the Bonds atl suct� action as, in the apinton of Bryaat, Miller �nd 011ve. P,A., {� �,� "���;��;i';�;,:x;r; �':~ �r� ;�-�.`_'.x°:�`�s;:�� Bar�si C�unsel, and Lawson, McWhirter, Grandaff & Reeves, Counsel for the llnder.;rriter, '� ;F� -.'`#```�';'.,`N`�'�:�<`�:-'y�'"f�:';:�.`��:•�" st�xll be necessary and appropriate in connection with the traass�tiQns cantenaQlated �� :��,� •s� s. y ; ,si«� . . . :c�"-.4 1R .: �..r.:u�'{•:�,, :i �71,�:4�T1};: i,'�f:`d'.'•.�a�'i.t:;s= �. - r, ,..� E �.;.,,,- ; ,• = hereby. �_ �%��. .:�- �, - ..°,;:�a ��.=k,�,,,ri��, �'�.� , f_.. �����. 1i;t';. ;f= � ... .j �.;�•;.��,.:G.����;,",' }���.y:`'��r �'i.F}�l'i�.��, -s�",,'�jjt.,���;is'L�t�•,0. 3 ,. ;�.;� ,:r's`;,: `'1,�,; �r• 1Y f�. ;�„,:; {c) At the Closing there w[ll be no p�nding or threatened lltSgst[on or :'sf ` -�i�,t`,- � T.w; . ..�:��,� .,-:;r: ; :� � :��� �;'��°;;��,;� ..<<�;;`?. t'� `:. praceeding of any nat�re seeking ta restmin or enjoin the issua�ce, sale or dellvery ot ,�:,.'1``j,�:.....,3=,�_�4'.�t�'f;•..,�,��,�;:°�rri,�:, ti�e Honds, ar the pledge. collection or appllcatton o# the Ne� Revenues to pay the ,. � , _� � ��, +r� ;;, �;�,, �;,,,. �,;�`, ,.,:,.: � 1��� ` � pr�nc[pat of and Intarest on t�e Bonds or i�n a�y way contesting or a#tect.�ng t�e valldlty -- .�, . �r:r.i�,. _ :Y ,E ,,x � :,`. ;�'��_�;��;:.�::�i;��• or enfarcP.abillty of the Honds, the Ordinance. trie Pttrcha� Contract or the Escrow '�1,� ��;� =�'�;+ `4 " Agreemeat or contesting in any way th� pr,oceeciings of the Ctty taken with respect ;� ��,:�i`:; �z"•:.'. :�:�,-�- ��;. �..� t�ereta, or contesting in any way the due existe»ce or pawer5 0! the City or the title oi �v�:�':;�: •''_��" any of the members of the City Commissian �r aificlaLs of th� Ctty to thelr respective ':j ��� .• •..�. of€ices and tite UnderwrIter wil� recelve the cerktilc.�te ot the Mapor and Ftnartce ,.,. '"���.'` ��'s`�''�� Dir�ctor oi the City �o the loregaing effect or an opinio� of M.A. Gaibratth, Jr.. ESquire ��FFs+�:��,_' �'��j City Attomey, that any such lltig8tian is withaut meri�. ;.�}€ �?h ���. �:• �� •r�,! :,�;. '��'���.`� ~`;:�:�` {d) There shell have been no m2�terial adverse change in the tinanclal ���;�;����,�3:; ;`t.;:� condl�lon of the City's Gas System Enterprise Fuad since 5eptember 30, 199D. ?�',���f"'';;S'��'� (e? At the Closing, the Underwriter shall receive the follawing ��'Y`;s'};�� :,�' ', � dacuments. each dated as ot the Closing: ��:(`'S. � ,`.{ �.^�i .�t 'i5 :'•i"9 : .`��`: F, : r ��-;'F�;;,�:,y:h:x'} (i) .An opInion of Hryant, M311er arad Ol�ve, P.A.� Hond Counsel* t:' �-���•.���4t+y:,.�. substantially I� the foran �ttached to the Offtcial Stateme�t as Appendtu "1]"; �b ��l i�:7"t a�i i,. �,�['v � Zi'rS���^. ?��w°•� `��r;� (ti) An opinion of Bond Cauusel, addr�ssed to the Underwr[ter �'��: ={ �� ��,.•. T�: s :: y�;���y,�;�; stating that the Uaderwriter may rely upon the opinioa referred to Ic� (I) h�reof as though eddre5sed to it and to the �#lect that the lntarmatioa contained Ui the Otficial �, ��� �� Statement t€nder the headtngs "1'he 1991 Honds", "Securit�;' "F�low of Fuads,"' a�d �,� "Cavenants" (apart from any cnginesr�g, finas�cisl and stattstical data conta�ed theretn �` *� as to which no opindon or belief needs to be ��cpresseci), i�.�ofsr as suah iniora�atlon ���" pur�rts to be the desc�iptians or summarses oi the items adc�re�sed th�refn, is canect as 0 - 7 - BIVD/ 7260PCan/ 91 Q 815 ' � I� i 1 a 0 ;'�rv; c.�Y�����s�',�}° �i�k�3���i;-.� '".��'+.`�Fk F� �'r��.�, �r.�-� 5�,l?�.•� �� i A i'r'y�:i.�.'�l.! � r�; s'.'. x z����Ii��r�ti, 'S�; .i4i.�''a~ �41�J14•1+��ti . .',:� �.�.,y.•;':�i;'s��t��£j�,,,�l�„ ' 1 .r',,ir �i.�•,,).r�`i'- .. . � ' �r• .w.�?t"��. . . � ^ '';�I� ,:y} �} � � ,. .�F �t,;.: � . . . , ` `•�3�' F�+,+:r .. • , :��.t� 1�}� � ,� - , ,';,�y ��: . _ , . r.. `1 . 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' .." f�. �,���lhi�.. �. if� Y , ' ��nj'�i . `��u � �,�i}J' ii��y.' I ' '` - � '�:r , •�� ��4i..'`����S�YI`�/fJi��fL� Y��>lj>l, . _�. �,N � ..P .^=';. M1• Y'ti<�:o r{.F�!i� �•�=3��`rt��: t♦ �.. . 4. . . . . . . , i1� :S",.ls..x�'J,SI..,. ^' '1^r ��f • � . , . . ' l� ' r ..�.�YS.�.'{� • is, •��U�:. ' • � � �`,�Y`. J • F'.`. n�'?;'•` y� :,3 � . : � �:,'?9,irv,i �'� r, ,yr y,; ,�a�.� �4�k� , ' ' �, ' '� 4�'?� t ts � �, to matters of law and, to the extent indicated thereisi� constitutes acc�cste and fa�r .',�:; �� a�•;,.�s ti:� y�:u ,Y` ��' �� �;. statemonts or surnmaries af the matters set forth or documents reierred to therein and ':�E:� t:��J';;�5:'�;YSr€a�, ���'=�. . � � , . .� :�o .w. . _::_. � �`� �r tes that the iniormat�on under the i�eading'�Ta1r Exem tlon" !s correct ., ��:'�°: f. "',, �. }f;` f further sta P . ., �, •" `.'J�`+ ��.�,Fti.��.'. a� . �-�;.- 7s �,�.�;,�,�:.,�.: '; . `' � � . k , ; ' . ,f� . ..:f ;r.4 �a� ; J� .�'4 � ��. �:, {!i�? An opinion, dated the date of the clos[ng and addressed to the :'��y4 •. ti; :•� ��� ,���;+, . ' nderwrttcr ot M.A. Galbratth E Ctty Attome to the eftect th�t (i) thts Purch�se '':�'�ti�x3t��'`� �'�'�• ��"�'��� .� i - . U . � �I•► Y s �t ,�., �:,3,�c�'�",. �r�.5 . '" t<rw,Wru 3�.��.l� E.y,r#'F' ]�"ti��, � ,� ,, :.',:,.�: . ., Cantract has bees� duly aukhorized, executed and dellvered by the Clty and constitutes a .'�;.;� x�n:�;:°� ;,��;�ti {, �,� �'����` �. �. legal, valid. and bindin� agreement of the Clty in accerdance with its terms except to Y�`"�"`�`"'`�r•1 .;'�, '� �' ;1��' a� . � ,•.1, . �y..•�N�4" ,%f� f^��� th � t� th� %t ��"''�,t'y-d� �n �:, r; �.:�:, .' '`' ��_: _, ���� .;, � e x nt t te enforceabili of the r hts and recuedles set forth hereln ma be t.`�+� {<; limit� b barikru t inso1venc�or other l�aws afiect creditots' r �.s easrall y([i) -���';:^'�'�'���'�. ��' '' ' ���' � - • Y P CY. Y �S � B Y: .;-,.:.���,�,t,v,�,r,� ;,•,�►�, �'�' ���� '� ��, City a thori�ed, executed an� deltvered the df�icial Ststement• i�i) the ':." $��-'��'��•��- r��� � • , . the h8S U � S " ;,, ., �,��'Ew., i.�,;�`�+ -: � .. �;'" r, e t ''' �' -'�'� .' InfprmatIon In t2ie Official Statement as to legal matters relattng ta the City, the Bonds, ;<���,�:���.�<>���r.�`-�`;;';�i'; t,;�'�.. �. :.S.�t.,: � . . ., �Yy.Y��,��� `r"t•�. '�i'K /t. �-": ;,;: . . the Ordinane� and the Esemw Agreement is correct in all material respects anci does not =•:.{�;;a:W���,��^{;��?�� �+ `�, i� ;`�:�-�;}`�;;. . .�.' i� . om[t any statexnent w�ich� [n h!s aglnton, should be �ncluded or reterred to therein and, in `;s��'��`,�{.��:��;�„:'���},�,; '`,y'j;'��. .'.;. '',�'- . addition, such counsel shall st,�te that, based upoa h[s participetion in the preparation of �;i;�°"': �'SF{;'"� �t,},=�,. 'S' . ;r'. .; -y :.; �i � � `' r"F,�� �.��F'� �.1. �^+'�(��, � F � ;?��-', P��> �.: ;�t`: ; the O�fIc�al Stat�ment as City Attorney anr! withaut having undertaken to determine =�:�x`+E ���� �,.;� • 31x p� s� •� ' 1, ''..a 1 m � es�e or fa! e ai the statements eon�ained in the ���;, r'��;`"< �'' � ,�: ;�:.,,��:y'� f,� � Independe�t y the accuracy, co p et ss rn ss -:., �..; uh _���.,�,�-�; �:� .�,;'��.' .,',�'�;' �- :r '�•' Gfficial Statement (except ta the extent expressly set forth in this Su�aragraph (iit}}, as -�;',{��°�;f����.��n#,.��;��.;�: ; ' �'; .,�,�;F�f,...��'• .'��:� of the date af t.�e Closing nathing has come to hIs attention causing him to belleve that ,;,?;�,; 4��4i���ys���;.���'�"��� r• °���,`;`i', .� �.�� (A) the Offic4�1 Statement as o! its date cantalnecl any tu�true statement ot a matsrial :,�;':'-'��'`';�5�'�;•��?, '��`'�'' + �'��' �:,�,'; = ;•.•>. , .- �°r�.Y �` ':�• '�� �'. '' fact or omltted to staCe a material iact reqaired to be stated t�erein or necessary to ��j�,�; °-'; r��a��"���"��'� s�;` � •,�'," � � �'• � . , . r�, ��^. � j ���. � ,. . �����,'� ��> �`Y; ', ,�" � make the statements thereIn� In the �lght of the circumsttince5 urtder which they were `� ,���'����.r,��-.���;• :� 4 'y,' :`:>'' ''``� ;;�,', •'°'` made, not misleading (exc�pi for the ftn�nclal and statisticai Intor�ation contained ln ;,.i,;�'�:��:�*;,Y�;��,•3e��¢:''=�;��' { •1y•4� 'I� :�!i''Yj,� .S;T`:,Ti���Fh�:Y' �,w:��'Y�• :',, -.:�, ''`r;;:�:::` • the Official Stattement as to all o# whic.li no �tew need be expressed?. or (B) the Ofiiciai .�.�:,;�:��.�r `�+*��t:;�rt�t•��. , s:�.',,,; .',:> ;�,. ,_,s , . P r a h at Sec ion 6 hereoi if -'. ,. >.�.,. ��, r . °��l�:t�: 5 .� . .:,, �: ,. Statement {as suppiemer�ted or amendeci pursuant tfl a agi' p{f 1 x , �; E� ;,; a�'t��� ;:�,r,.,: �'� >, °� � = � •�•. .r' ,:4 � re.' t' t t,•'; �a;:.��'i:~ ' • �'_ ��'.`�°�,`''';z..�:`'.i"•�:7r' �;:;yi� . •�� :_,�:,;;;<.` ..{ ;� ;;',"�� eFPllcahle} as of the date of the Clasing cantains any untrue statement ot a matertal fact � .. .�:.�.p � ,' : '. t, ;= ; . , ,'_ •;,.',�:., ,•�.� ��., '�•,, , �- a: .';•'�'' or omlts to state a material fact required to b� stated, therein or necessary to make the ,-r��'�.. �L ���;'°�����``:, �'�f ''�Y:� ''�:•. ;.F' : �t;�;c�:i,� � �'.'. . _ �`�}�'��t=tyT,�-�`j�. 1;,, : ..,-.�., .,� . 7 ; C, ;. .�;.; �°��•� statements therein, In the light of the clrcumst�nces under which they were made, not ::�; ��. r„4;�;�, ��;:' Y , .� ., > ,: N,.,;�E _ . ,-.� t;«.?.1_�f, �i;� ��. �� •�� i- - � �.,.° � mIsieadIn (exce t as afaresaid)• {iv) to the best af hls knowledge the Clty Js not In . .;:. '`�� r,+ 1..�.,�a;� � '.`�_: :n��`��.: � , g p � �'� � +'. ''S'".'.:...'y,,t.,�1t��:. '.!• ��f��• :r ;� :.�, material breach of or materfai defau7t under any a llcable c:ons tut dna� r ls o law �f.r�;`' �� �$;"�°-����'�'_'��•� ;;':�'i� : ``�-. `'� PP tI i p av t n, ,�'' �;i:�,�l `,��5:: r� ; „ y'�.. ;+�•,, :::::. ?: *-ir��at.:�t t��t:.::' ^ ` ' �� ~ or adtnInistratIve r� latian Q4 tne State nr the United States ar an a licable u merit .°•�:-�'�' �" �}-`��" �."; ; _.:� y � � �s P� ;.�:r�����,�:.r;f: 1 � ;x:,�;�.w �s��4 � �j..� ;:�_ .'���ki±. ;;Y'a'�`�>='};��i`'t=;�,",`-'��''', or decree ar any loan agreement, tndenture, bond, nate, material OrdinaaCe, material ��� �-T��t��` p>��, �� .1.�r . '•';'t� y� ,. ,:':' ;a : '��. ;:��'�::,• ,.•,�s:,� ' � � ;'�Vn..t s : . ' ,. .. ,.fr..��'rl. Y a:5 � t A.�•' � � - k F�'�": "i`t. '���:'�:� ,:~1�;,�� s4, ,,,;:. •.��: ,= agreemenC or other material instrument to which the City is a party or to which the City :� _-_.;.,;_:�_.; _���,;F �h" ?• ::�: `i�1,.`" � _ ` .•4;= `'r`ry.',+r,." :� T 4'C�'..� ,�� .. k tY. �y�. t .: , j.,s'�', :.p`" .:I;; 'r : ;ti' � n @iit ril'� .�'.S'.�: ir:= ;{ �`.,,�::t; ,, :`? ;.�.:., .,,° or any o!ts grapezty or asse�s is otherwise sub�ect, and o ev has occu and �S ;:: �`'• �`"���<. ,r.�:,'���; a :1�`z;:;���:�-,�;;`��:'�`'`�=f�f�';` �;�;',a" cantlnuing that with the passa�e of time or the giving of notfce or bnth would '�•:��.:"``*-�'?�'��rt',t���r�'�Y� ' !� �R;�. .lS� ��� '1•�?.. i � ���:1.2.` 3�:a. . :. .:��.``i :i:4�.��' "7!.s. . � �.�.�. �.Lt �''�j �.. ?;:' r .�� ' �.,�,', ;; f;_ ,�,:j�: �> ��` '=`;.;:v:�:�; �,:;�:����; ',F,;.,,,. �..;. ;:.:�:. constitt�te a default ar event of default tinder any such inst3rument; �nd the execution sud -�5.:,,; �: �;,�: ��,: _;°�,t ;.: , T. ���,-��_, t.��. '-�`'��'�r "'�� �'`�`� �� f � � � ' `� �''' . delive of ttze Bonds this Pur�}���p Coyntrgctr�,the Escra�w Apf�eement and the a {t�ion fo_f - : '; 3���f'�� � ' `�j�.; �;, ` � �G7�'�.'y4�i��S�°�� "i1� �r��R.,.���i..;:� �s �}, �,y}�,,�,� ! ""�"""' ♦ f 8` 4.� t� �♦ . ,� .1 ��,�,". �1 � f °�'tiy�Zr.'^���... �;.�� 'L'}j :'3} :i i� 1`. `J: ,;:y � r LJl � LLliidll � � �� lll 4l� 4l! CS � �� � 1.[1i11� Lii 111 ' "�; � ...:3=�.�.�f`rK�3:�:s:��: . A e r ce ar► cpmp ce w e grnv ons on e ty n ere , wIll not can�llct with ar c.anstitute a material breach of or default under, any canstitut.�onal provision, law. sdrninistrative regulatIon, judgment� decree, ioan agreement, indeQtc�re, band, note, Qrdinance, agreeme�t or other 4nsLrume�t to which the City is a part.y or tio which the Clty or any of its property ok assets is othenxts� subject, snd fuay such ��ecution, del[very, adc�tton or campllance will not result in the creat�o� or impositiott af any i�en, aharge or other sece�ri�y inter�t or encumbrance of any nature wtuitsoever efpon any pf the property ar �ssets ot the City t�nder the tarms of any suci� law, reg�lation ar i�sttument, except as expressly pro�ided b3► the Boads, the Ordinsnce pr �he Escrow Agre�ement; {v) the City is�s the rig�t and power uader the Act to adog� the Ordinance and the Ordlne�ce �as bees� du�y and lawiully a�tetl by the HND/7260PCon/91Q815 � 1 -s- �� �,�,. �:, ' `:; '?;,`°ri „ ��:t: iC � _. �: . � „ � . .� ,.,, .y�l .. � ' 3 � � ......-----------... _ . � ��:t , ��',6R''�'�'i,�:tt,�,H,�.,.y;�„yy'�'+1-t;,�i�k�$'�j: � , � . . � . ` . 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F ' . . . . . . � . f:t�ti ��: i k, '�:i,'f� "�'.' �.r . ' ' . . , � . . . ' 6 .. ...� o .. �r+ , �_ . . . . ', , . . . . . . ? . , 3. . ;.i` _. . .. r• � ,��5 � . ` . . � . � ' ' � � � ' f .. i , ' y .. . ' � � .� , , : . � Y � , � ' ' , ' , ! 1 � ° , . . ,> r , , ' , 1 ' . _ .,...... ..,. _.r....�� e - , .. , � .'� � •, . �• • �� Y F �� • . ��l4��1R�M�h�1�»�A-��.1.:l�.. . ..... . . ..-... . � !'. . n ... . � ... �..♦ -.- . - . . . ..... .r� '.F '? f+, � ' � , � .. .j`I%t,�� �' . • , r . . . ' �.�';r `.�, ���y'n.�' i � .�� -.�:: :. . ,� . . .�� . I .. • � 'w`S:aiS'r'`,�..���'.'�s�^ . ' . i' . , � .. � . , . si ry�q „�' (+ .�;,� : �i ; .,.r. .. � • � ,"' �t� .'4',; �i;,: '3�;wf;:,: ' Y':�'i;:`�•:.�� .IJ� , , . . . i� . . , ,1 �..,; : :� ti �j'I � �a::'. .. :r�..��t,��, • , . j!•�,,,y.E'+. , ' r . j.,' �,k'.,i;�S :��,.:tq�ii j, .` ' �''�' �� '° Cit�, Is in fuli torce and etie�t and constittites t�e legaZ, v�Id ead �i�d�sg obligatian of �'. "t ���r'w=�;��r°�:Tir j �, � ' 1 �1�.1. ��J.�,'1 L�� i � �, k�`;.:r� 4-�-� �t;, ,';": .`' �� •• th� Ctty, eniorceable in accordance wlttc its terms, �ub ect to a llcable �ru tc .�' ;,�,,,',,�=,r,,'' ;�r� , ..,. ; � . . S P9 P Y. ,"�;5'' `' �` � � - . . . ;� lnsnlvency snd similar �aws attecting �reditors' righks gensrally sad subj�ct, as to =' ���w ��i�.��� � �: _ . .1 '.� . � : �^F�. ,_• '.'�'.: .`; ':,•°��' �. ��� enforcesbilltq. to general princtpt�s of equity {regardless oi whether etaforcement L� °,:;;:"f-;`'��� ���:.� ��:; �,� . i' `�S` :'.'; � i .� .';'�*;'� . .�. . '; so ht in a roce ia ui or at !aw}� and r�o ather authorizatio� is requtted for the ';e�:; �',�°���_�: .�'�i��.- ��:; ' . u8 P � �1 tY ��: ��., .. � �. ,. , Clty tA ac�ap� the Ordtnance• ivI) to the best o! his lu�owledge there !s no acttoa suit .".s`,`�'�... ���� �`'"' i r r ► s .„�r;.Y. �`�'�,� I.. �4 • ' ': proceeding, lnquir5► or investlgatfon at Zaw or In equlty before ar by any caurt, i'��u��. '��S �'��; �'�° . ,,. . .�:,:,.3�. �� , '�. �� . ' � governm�nt agency, Aubllc bo�rd or bodY� Pcnd�n8 or threatened agalnst ar atfecting the •;,�y��" r�'�,'7tr;��;���. ���� t".;�� . ��< '� City, nor is there any basLs !or any such actlon� suit� proceeding� inqt�iry or Ittvestigation, '�'��_ �'���.��s�k ��v�q' ; `�� ��'�:f;°; �',� ;. - ., ;� � .. . r w�esein an untavorable decfslon. ruiing o� finding would have � materially adverse e #ect � ��"'~�� ��;x. ;�,'�.���,"-"�"`:�' '° . -� ! ��,. �� �4� ��� n _ . !'� .,' upon the trsnsactions cant�mp�atecl by the Ottic�sl St�tement or the valldity of the `:��_ �`;��� ;" ti' � . ���'I � . L 'y�N`. �,�1 �k . , w` :' '. Honds� the OrdinanCe, tise ESCZaw Agre�ment or this �[t°cha5e �ontract, except as �:�.:�, �+:�:s'�. h�' r.�1 �. �' y,:�'',-��r,f��, ,' ,.;�:. , .� .�,,:; :.;,.� '= _.,,;�,.':, �'� descrit�ed i� the Clfftcial Statecuent; and (vii) a!1 aut%orizatSons, coasec�ts, approvals and �}t.;T`''�a�.�,"�.-- �,'� ��r� � `,`�; ���: r�''�'�, , revle�►s o! governmenta! bod�es or regulatary authorities then required !or the City`� °t:���'���'-���.,�':,' �i : •. , �� - �, �- •� ' it,a-;:r•., _��y� ;•;; �;� .•,:` ;`; : ''' �': •' `: ' �' adogtion, execution ar performance of th� Bonds, t�e Ordin�n�e, t.�te Escraw Agreeraent jt � e�:a �, .. ., 4 �' , � . �,;; ,�¢.� . ,> � '�'4'' �� , ''`�; ,:�, and thls Purchase �ontract have been obtain�d ar ettected �nd, to the fi�est at his ;�;;Pq�k� �'��z° �i ``;,�,;`, : �:' �. , �"° .� knawle�ge, he has no rcas�on to beileve that the C[tSr �t[ll he un�ble ta �tain or ei#�ct �_'�;�, �,�y.� �'�'�,. {: �;:,: : " �� ' • `'��� r ` ` • ' any such additionat authorizatIon! consent, approval nr review that may be reguired � ;`f;�i' ��` r' , t t, v^I `.: r . . � _ :i:: �i�C.�. ��f ' ,7S' '� �`.' :.;: ,r.' ��' �f; �`; _r �� : the Puture ior perfarm�nce of any af them by trie City; asul, in addltion, he shall �ive hds `';�'�'������-.�r� ,' :�:, ��.�,�:,.. ���,: ' � ��,;, a ��•. ',: ;,",: ;•- `,��• �.,,? . o pini�n to the same effect as ser forth under the ca ptian "Lit i g atIoa' ia the �fficlai -�n���.�-°�°-�;=; ���-,� i�: � �+ 4 4 'r`iY' � �; � . � . t.F. . . � tl�t L t 'Y�r.�'"+ 1 * ' . 1y�. ;� ,,�'!,�. {� .i` � , . r7�4pi�e�L� 1�''..,:N,.ttii�-�'r� w1} r : '+ N° .i<< ' i ".1;:�r,+..-� �� L. �.�����t �4�ls"'.'�!sM:+ j : ' �. y';,?"�.�_{. ! : ,,�. �F:,,,;,;'••ati. A'�L'-. TfS lr.rr . �`` '; .;;. �=. ilv) A certiflcate, dated the Date of Closing, signed by the Maqor `���.,;,_:;��y�;.z-�z4:��.� � • , �t. ' ' '�v "r:..: %�; r ,y. r� 1 [. '.,:� '�,:. ;;'• '�' and Finance Director, or other �pproprlate nffIc3als saY.isfactory to the Uaderwrlter, to °:�,�. �-.<;,.:�;�����;.„�,,. - `�:'�'' � ��,.�:-'i �`�� . the effect that ta the best knowledge of each o# them: ( 1 the ep � u th �-�';Y�,,i`�.����'�, � ..,.,,��, `= � i r r ntatt ns of e ����.•::�, �,f-,:..•{�., �,,, �`;. � ', .'`:� .�:: •,i�:.;,'_,� -- City herein are true and correct in all �aterla� resp�cts as of the da e! C as[ag; O th `�'�"-,'.:,;' ��`�,'� 7r���"� ;.; :,.= < ;; •�� �,.: t o I ii e ,, :.� ��,���•�:�������:. � �Ei •,.. :;...;�:;;5��. .,' ;r:�,;' :';=::e:::=� C�ty has perfo med ali obligat ans o be pe or �d h e e � � .'f.�•.lii���:.•+yr1F��.tin,•�,`�i' 1 ,` ` ;�:. _. ,� r i t rf in er und r of th� �ate af Clos�n � ''Y''�'V �i'���� "� �`y�� '' �'`� i!i except as dtsclose�d in the ��iicial StaCement, there Ss no 1ltilgatlan o� whIch etther of '�`��`�"1;=:'{`- �'`"""F �����'� !�'r�k , �'!� : �;,���y!� '-�::,rs'�.':,,�=�� � � !f Y�e����`FS'ty'h-jy4''�i �°�,,, ��: .�5'�'t, r.� ,��. :! i.�._ �;' them have notice and to the best �cnnwSedge o! �ach oi them na iltigatlon ls nding or '•�``'`> :-z•.,'�,',;`'• �1 °:3: :;;-���t.� . . ' Pe ,•r. . *5.�; .��.z .�s';•<<.;. ;, j�:;�,;:��; -<- .�.; °f��' �,,` _ threatened (A? ta restraln ar enjain the i5stsasyce or delivery of t�ny oi the Honds, tH) ln ;'�;:,;� �;;:;�4,� Y.�.��,� � :;;,:-, . • . . �.. � ..: t,.,ti: •��,�;.` = �`� . � :'°�:: �;�� �:� -�� ' any way contesting or affecting �ny authoriry far t�e lsst�nc� o! the Bonds or the ';�; ��' " � � ��y.:':``�F•�y.-f,. �' � W'(: � '�c• ,� 1!f:.E�' ��' .�L��:'..�j.;x.'�.:;t�':;K$�'lu': � �-� �; ��.,�: `�:�` ``�' �'�.� �:� alidity of the Bonds the 4rdinance the Escrow Ap�eement or thss Purchase Cantract ";�t' F .�f. ` xF _ •!t: ' .;��:,Ci.. �~` t , `: � ► f b' f r' ri �St�,yrs�`'sr. .°�`"E,,`��: ?;�`�'��;"'.� �1;: ��;i;�'��`-;,4=�"' ���{`_' (C) in any way cotrtesting the corporate existence or powers o! the Clty, {D) to restr�i� .��::�;4.���;`::;�;}`4�3�'��' , ::i:• -• `;�;.+°:�t •;•.u.;::..'.. :' °� '��•i::;ru:,::;:�:�';.:�..., _ ` ,.;;i-:� .�` ;�.>-. ;:��_;� °� -;°�• : �;', :;,; ���� or enJoin the callection af revenues pledged �r to he pieclged to pay ths prit�cipal of, ° �;�.s ����f.Y,:; :,ay;�:��;�t� ; `�'`::� ,;� ',• �� . �:z�.� >�.- ,� =:�;:,:.:, ,. �� �`<,,�: ,::���,': �. -�' �`�- r m if t n the Ban E whi mg result in an matertal ad�retse :;� �}��-='�`'°..�`>'��.: `.°�-`. '.•,. ,ry,:. ., �7.., ,r p e Ium� aniy, and interes a ci5, ( i ch y y '.Vz y;:.,.�,,;ti,:�;,�H, ,r.i' ^nY::Yi: o '��.-.::...w.;��'`��'�``.. r *�j+;*�1�,�.' i T. , �; i i'::,-._�7. , - ' :y, �1.:5� ,s. �; � .:�',,� :.�'`` �:�,r,-.�'•"��,�'� .., ,_, change in the business, properties, assets and t�ie financial aanditlQn af the Clty talt�n as ��, ,s:.�`, �� .,,;,;,,. � s;,, ;, :',-� 5��;=Kr�;'�`@ : y`:i•,.*u'., E �?.rF,.s,a�; •�i'.^.:: ' +�tf4="'��::'tn, �•� � :s?;'�.�;►_�.��°y� f;;�,�-„.�,�,�F:., •��..;� ��°`, a whole� or (F) asserting that t�e Officlal Sta,tement Contains �ny untrue statemeat a# a :.;�G;-'."-��:t�'�r:u.�����,c.'Fi ,5=:`''.;.,f`"',' :.. �°t5. ��-'�;4 �°;-`, mnter�aI lact or oml� any material fact necessary to snske the statements there[s:, in `":��"�'#�`•.,:�_ ��r' ._ . a . �3��'�" r S":`. . t.,r,_ .iS.; . ...,,s `��;,':, l�gnt of the circumstances under which they were made, not mL�legding; {Iv} siace , f... h� } �.r�:'�,� September 30� 1990, no materi,al adners� change has occurr� in the financtal position or '��;���• results oi aperatlans ai the City excep� as se� farth in ar oantemplated by the Ofilcial , �.�,. _. '-,";::. Stat�ment; {v) the Clty t�as not, s[nce September 30� 199Q, i�ctfrred any materia[ ��,'�,� iisbiiitSes ather than fn the ordlnary oourse o� business or as set farth in or ca�atemplsted ,���, �V��''`�" b the 4fficlal Statenaent• and tvI) the Otticlsl Statemeat dtd not �s o! Its date, and does 'r��:�; Y , �Y�;:`'. not as Qf t�e Date o! Clasing contain any untrue statement of a innteriai fact or amit to `�"`� state a material fact req��red to i� included thereln or nec:essary ln arder to make the �•.t z �,`��{`� �'� statements containec# therein, in Sight o� the c�rcumsta�ces in which they were mnde, not Y.1 Nr1: IILa11P�aau[g+ ' - 9 - BND/7260PCon/810815 �, ;,,5` i 4� �� �. . ..� .f•ey..; .w;r• �k � � �':' � u�' .� -.SM1.� ���:.,a.ai�tf� a', — --- ' �„, ' . .a.. �-C�r� i�,�a«�rt`�gi-.r�4^ulNi,.t��±�va� as.. .. ,e, l�,. . .. . . 1. -i. � . � .4r � . . ,. ' � � b5Y � _. �. „ ' - r n �rA, ' �� . . . � � . � ' � s . ' � p F t (�� tn':V Y.Iti � da. �1T9..•r.�rA:� . 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' ' k, 's�.�,.;� `:`�'; �':.. ����-'.;':`,::,€,. :,.�,:�;.': �. , (v) An optnlon, dated the Date of Clos�g ar�d addressed ta the �`�%°�,'":,°:� �;.� :� „.,r ,,, �: U'nderwriter of I.awson, McWhtrter, Grandolf & Reeves, Tampa, Flar�da, catu�sel for the ,,.,,.,,.; � . . ., . . , ., . � , r :�:. ,..,:.:` �..: .�, �� �., uria�n�it�r, to the eftect that iiT the Bands are nat subsect t,o the reg[stt�atian '•-�'':'.�'� � ; �' �: '•. �� �{ : . ` . . requlremeats of the Securitles Act ot �933. as amen�ed� and th� 4rdinance !s exempt ":'�" ' � � �;';:�' � •`�°-� � `'� � : � � � � , � . . � . from quallftr,atior� purstiant to the Trust Tndenture Act of 1939, as amendeci; and {u) `�� ����'` �'�"�' �"�� �� hased upon thelr part9cipatlon and thetr review of the �fticial Statement as counsel tnr s�'k�ia°r:�� .'E° �?�, � '�''� � the iTnd�rwriter and wlthoat having undertalsen to determine �rtdependently the accuracy, ,� ��+� �'� ; r',.� •. 1'.�' �`� � completeness or ta4rne�.s ai the statements contaIned !n the Offlcisl Stateiaent, as af the �''9 i� , ,�-: �,�: �''. ' �'• datc of the Ciosing nothing has come to the attentian af st�ch counsel causing them to , •'G1;' .yfi^.1�::a',� . � `.{� '� _ . . � i:•��'y:.`;�, `;'' :�'�`;. :�`�.�: ���.: `'�, • belie�e that (A) the Off4c�a! Statement as c�t its date ooatained any untrue statement af .�. .5��.•=.: �I..�1�'$i ..Y.�� -'.„'.,`.' �;,:5,,;;:��;�;r,'. `._;` a materia! fact or omitted tv s�a�e � materiel lact required to be stated therein or st.::';��� ��;�-:;.. � ��' necessacy to make the statem�nts therein, ir� tf�e lsgfit o� the circumsi:ances under which ':•�`f:;,.�� .,;:.�'�� ..��::��:.��;�' :� they were made, not misleadts�sg {except tor titie financi�►i and statistical lniormatlon '.-:i:;r>,,.��,':•. ;_'•�, :��;c;��,,;�:;:::';�,���. �� `.. "•'`�. �:'- °:'" ... .• �„' cantained in the dfficial Statcment as ta wh�c� no view need be expressedi, or tH) the �°s.�;�,;; e .- �,. � : , '.r �.. "�`•5�':� ��•'�� �� �';=. =u� -;� OfilcIa�I Statement (as supp2emented or am�nded gursttant to Paragraph (j} ot 5ection S ��,' `;' f.IL' '.11'` ^< 1� �� i E��',`y ';�;'' � h�reof, lt appl�cable} �s of the date of the Closi�g cont�ins any tisntrue statement of � � � '°'�y�� �'� +' `'�y'�� �. materlal fact nr omits to state a materIal fact required to h� stated thereLn ar aecessary :•i:.i:� ;��a.T.? -::�.t.".' ,i. ;,.' .; `�'i'. , �it�5y,`d:F;1.Y[�^�.ti�'�t�` f'��"t',�'.1i,'.,,1 ''1 .. to make tyhe statement5 therein, in the .lIght af the clrcnmstances under vvhtah they were �.,y�>?,�,�, tt ' r«''�ti�7.' �!";'i,'� �':'?' `,ez``�: m���� �dF m�l��.�.1$' ��X�i��iL � �Qi����LL}. :'k , t'' � � �`15.:� ^:i : a'`;�C-� ",a. .�: �; :�°.�. !�•!,'S . � p5` • ' � i��,';'f i5 4�,_ "�,t���� ��5! ,�,'.,•�`; r��`�' :,��.<;. s;',.,�,�: ;���,� (vI) An opinian of Hryanr, ri�Wler and Oltve, P.A., Bond Castusel, ��E•� "� :;�:r`,�.1,�=;.� '=j�� `• , addresse� to the City, th� Underwriter and Underwrtter's Caunsel, to the �!lect thet the s} ":��'�'�'�>;Yt'�;���=,�� �;;�t, ',;,"�'' �- - Bonds are not t'arbitrage bands" wlthln the mear�ing of Section 148 of the Inter�al '� "�''.f�s;::�•<�.-.,"°~;�4�:� ;:`,�,.,�.;:;`;.`-°"�-•. �', Revenus Code at I98fi, as amended. �4'.' '`%'.5::��: e�x'�;C�'jti'!; ;, �'� `.: �"'' s � '' �a�''.� -i, •ti: :�'�,rFt'*.. �F"�::':���!.i:ii�'�: .��:�.,•.`; t. �`-'.; ;�r;��,``; `��" ,��`:�:"�:."�•,�:e;,;r� {vll� Wrltten veriflr,ation �com Ernst & Yaung a! the accaracy of (a} �:'.�s'���'n;. '��„�:'�;: y�S'�'�i.=.':�"' �4� the arithmetica� computatian of the adequacy of the �aturing principa,! �mounts and ;' r.g.i._i��,�;:i-...1-;F=e :;�,�;#;�'� ���,;:f:�; °,::',.,��: f� �;`�; � Interes� earnictgs thereon oP the Federa� Secur�ties to be haid under the �scrow Degosit ��,, ''� . •.;;; .' •, •.,, �u °.h.. �;-��.;;°������ �'.'';~`��' ��"':;�'=`_°,: '- Agreement and he�d in the Escrow Accou�t tn pay w�en �ue a11 principal of and all -� ;,s• �. ;'��.. ., �.� �..1f:t?�` ''ir,•irs��s1 a7``:,.'^; . � �.:si":yt,�=,�a.i:r:,. 3,.��•• r._...�: ''•�: ,._�.��.;::•: ,.�...::,,�� c��; ;�.,,..: .xs: ,i;,;:'.'. Inter��t and redemptlo�t prem�ums Qn the Clty's Gas 5ystem Revettue Bands. Series 1383 � � `:��,.., .°:� ` T;- I, f ...: �°: �: �,,.. �. , '• • (the "1983 Bonds"y and {b) the cQmputations o# aatuarial yields supporting thc concluslon � �"; ':v�1 S `tF =::.'?+t� ':� ';f°:'-��.'.���ii� ,. `•'+�, ::=a ^'�� .�, z' , '=' :� `��� that the 1�91 Bonds sre not "arbitrage hnnd�' within the �neari ot Ssction l�f� of the ,�_� :s-���;A�:;�.;,•,:�.E�.; :._, •�:�:,,•.. : i�S �s;;'�;�:��=;����:,�?�:.:,�`.:r�:��:'Y-�,:,� `�:i`=`�5' Internal �tevenae Code of 1988, as amended. ; ,,y.� ,{, ..�. [�,;, .. .. . � 'l�l��ii i �j`-�!4` a. f,�4� y i n.t` < �_ '1 . :�'a���l�r4�11*�f rF . .._ .1. ��'. :��'i.f{.�. �„;..) .,. .... r�?r!;:�:'�' �'? ' � T�f`�'�t:'y: �s i. �:.:,.:=. �,'i= � . .;, r �; �'a� �.�,.;�,: t ;��, . .; �, : �.:_-:� .1 • � � (vI�t) An c�inian, daied tlte Date af C�osing, �nd adc�essed to t�e ilnderwriter from counsel �or AMBAC Indemnity Corporatton ("AMBAC'), to the effect that: (I) AMHAC !s a stock insurance company, daly organized snd validiy existing under the iaws ot th� State o�f 4Vlscansin and duly qu�lified to conduct an insttrance huslaess in �t►e State of Florlda; {ii) AMBAC has full corp�orate power and aathority to �xecute and deiiver the Municlpal Band Insurance PolIcy {the "Pol�cy") and the Pollcy has been duly authori�ed, eAecuted an� de�Ivered by AMHAC and canstilvtes a legal� v�1id and binding obli�ation o� AIV�AAC eniorceable ln accordance witfi lts terms PACept to the ractent that the entorcea5itfty ibut not the valldlty} o! suci� obllgation msy be limit�ci by any apptica��e bankruptcy� insolvency, ilquidatfon, r��abllttatioa ar ather slmllar law or enactment aaw or hexeatter enacted aiiecting �tte et�farcement of �cr�dltors' rtgt�ts; IIII) the execution aad dellvery by AMBAG o� th� Poli�y w1A not� and the cons�mmattart of t�'�e transaations c:ontemplated thereby a�d tf�e satLdactlnn o! the term� thereo! wllI not. conflict �rith or result i� a breach ot assy oi the terms� conditlons or provisions af the HI�ID�/ 7260PCor�/ 9 i 0 S 15 - Z� - � ` !':,`�',":;�ftisi�Y'�'? � ' <;�.'�3: z:s'a N.S. � � � :�:��� �.;.., �.: � : ,...=�'i.�..�.,1�`F,�'"y�„; . 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' �+ 3' ' ' � , • � .'! �:�i � 1 ,� � hI '� . ; � , . , ' � � � i � .�.. � '[��Y: .i . . . � j . 1, . .i �i''1Y� 't< i. , is' . . .. ... .., . . ... .. _..,_....«.. r«w��vaz �. . . , � r '�/VwS�++.�....�»4.--.,..l.s,: r w ........ . .. ... . . �. ... . . � _� . a n _ . .. . .. -� . �. . . , . . . . . .. . � .;r.'. ''�i'.4S .'�,,' .. � . `�� . `'• ' , ' L � .i ._`.;' • '��� ' �'{ '; j . ''.5,� , ` . :1 � � . � � , r�Q ,� .IE .�i „S' �'iYYt.';�' ;,,�M•..'�'� ' � =. �l� � ���� ��t�' �$. �',�. � ��� �� �:��•�: �`�':�:`� �� ��.���;t:�;'�'.�, �..:�;.,• ': Certiflcare of Incarpor�tton ar Hy-Laws of AMHAC� or any restrtction conta[ned in any �� ��� '•�> >. �� =��:�� ��.�' ��" '� � �� contract, agr�enaent or instrument to which AMHAC ls a pacty or by whlch i# is bound or �.•. �.,s..., .,, ..: -.t..�� • ; �;.,'��, , � :...f..,E:,,���>; ,•. �,. . .. :� :,. ..�::; ..�;;�`',., .�;: ;� constitvt� a d�isult under any o! the toregoing; (i�) Proceedings Icgally r�quired for the ;=�A- ;''.��".°���:- � ..� �.`, issua�ce ai th� Pollcy ltiave been taken t�y AMBAC a�d licenses. orders, consents or other �;'�'•�` :;�;�' 9;;,�1- '�'' '�r`'t' f�� 5 or a ronals of an �ernmcntal boards or bod.[es le r uired ior the 1 ., ,;. `. authortzattons pp Y Sn B�Y �1 �'`'�•:'�:, •'`�';.:. �''�;;•.'.� :'�''.,'�.'°`'��.' eatorceablli of the Pallc have been ubta�ed; any proceedings not taken and any ,;. ,,. t,a, , ;f .�•.�.•. •�. '.� CY � ° `'. ` �,"`� � . '`� `- '` . ` ` -f " � ` �� • . , licenses� authorizat[oris or approvais nat obtain�i are not mat�rial to L•he eniorceabillty .1�., ' '+`.f;' �l"tyt:-. .�t.��ii :�i ' .'4 ,:�',�� ., p� thE' P41IC� (V} til� 5t8t�lIl ts co g "�;• r�;r:;�'�'`'�r.":'�' .;,,: �.�,;�,. .� en ntained in the Qfiicial Stateme�at under the he�cfin '�''�- �""�``�'"'"�''`''�� "`, � "Mi�niclpal Hond Insurance; � insofar as such statements corrstitute summartes oi the • �i. -,.�-•• ���•�.�: ��� �� >� ��" `' `�'= ���'-' ��:� "� matters ref erred to therein, accurately ref lect and iatrly present tha iniormation -'�',;'.i �.,'; '°�� �:� .,: .•,x ' _`,. purported to be shawri and, Insotar as such statements �escribe AMBAC� ia[rly and `•:- �::,,.;t�;.;:"'.. �'- �, ���.�,; �.�.'f:;:: ;, accurately desGribe AMHAC; and (�!? the locm o� Policy aontaiued in Appencilx "C" to the �'`���,��<,s�.:� `�;•��'� ��' "���''. pfficial Statement ls a true and coznplete cogy o# the torm oi Poldcy. !. 'r��< {��.'� _�����r �.�,�SI _: ' � ` �' � ` � ` � � J '��,�JA"�':,ti31'` ! 1is'. . '!, �:; �. . ,,�rw'� ;: . �''�• �'�`� :�Y� :`��, tilc] An opinlon, dated the Date of Clasing and addressed tfl the . :�.,�M1,..�r , : . �.�: �'"` :� �' . 'r'�,. �� • �.``•, ..� rIt 's 1 and AMBAC Of FOIe & �•.;>. �``:�.':;;:�';:s �4��'� -:.� '�� �� City� Band Counsel, the LFnderwrltert Underw er Counse ► y :�i`����'.�;_;;':�`'„�'��' :`- �;t� `'�;;;� Lardn�r, �ounse! for the Escrow Agent� to the ef�ect that (1} the Escrow Agreement has �«•.��`z:•;: ,. �:.��, .' .. ':', 4�-��:.�-..':�:�. �. °:�., ;" been duZy suthorized, executed end delivered by the Escrov� Agent, (li1 constitu�es a ° ._�, ��..�,�`..'i�:.F�y�l:.t� t�° .-i.3s,.;: :�•''> ';.;;..�::�:��.�,;`i�;'�"�;'r:,<�;',��;.��:. legal, valid a�d bindi�g o��igation of the Escrow Agent enforceable Sn accaraance with �� �1 �-'" ��:��'; T r��'� °�'� � ". ` its terms (except as the enfarcement thereaf may be affected by bankruptcy, insolvency, ': ,';� , , . `-. .,t,� � �.�.�. :.�•:,`•`r;. �i';,,`'��;;�:�''�°:'-�,�;• � ���:...�.:-�,s•; or other laws or equitable gri�ciples generally atfecting creditoss rights) and tiii) the +� "� "'"'� ��;": �'±� �� ;?, '�,_ ���� f��,� "''�, ^�° periarmance by the Escrow Agent o# its o�li�jp ttons under the Escrow A eement will not .�:��A:."'•1 f,� 41f!I� 4 ' i7w � `' �: : °�' �. . � , ' :. ` aE If � te o# �co rati4n ar ...i.-.-..;� �; ",:':r}°:=° t= pJ ��-'; f,�',' conflict with, ar resu[t in a breach of ac�y provision its Cerrt ca rpo ,�: .,sF=.:��:':,.,�,;r.t ,- _ ;.�, F3y-Lpws �'vC1�'.'.f��i{ :itr 'ti�:'f`.�y't�,i{�'N ;+�=i` 4 • : .' R 'f"�... ��. �. r . _ :f�i't .. :i' "'��:�J i.�.�*�� ,�i,' j l�Yr..•�' �: .e�.j..4 . 1ri;IKS.��r°':�..�..�,i.F;.ItS4:�i`::�.�,+fy;� �.�" ':;-,�°�;;'c,,;`�";��:".>;�'�;:•'G�..��. ;�: ;� (x) SuGh additfonal legal opit�ans, certificates. instrum�nts and � ,�, s;�'1;�;'•' �r;R�.;,,,.�.;� •.�. •;��. '`�'°<`�°e�>;'�'�`.:�.iir.:°� ;,;,f<t:�:`�. '``"�" other documents as the Underwriter may reasa�ably request ta evidence the truth and ��`-��c����;a�;tiY:u:�,;,s'�;. �: ,�:�y ����i.'."�:.`,,���' accuracy, as of the date hereof and as af the Date at Closing, ai the City� �`�9.`':,�%�4 :°}�: r�a,` :i::!''='�`�tf'��.. ;.`�. r@�1'e5C'I1�AtlOriS Sl1� W8T7al1t�85 COI1t8I[1(.'d Xlet@Itl Silci p� tIl@ $t8tiem8IItS SIFd 111�4I[II8t10II .i.-"::4�.;��:.;�;,';���� 1,�i � r�-+�:�_,,•;:.�,, t.Fl f �7,�%.,���, w�'..�:f;iw • �i£q?"<°;,�,;,•�ti ,i;:�:-� .: ,_ ,�rc-- �. 4:.,';� contalned Ir= th� OffIclal Statement and the due gertormance or satLsfaction by the City �° r~ `' �; �t'� �'�� � n p r D 1!ng of al! tite agreements then to ed d ,,, ��=���r?�:5' ��_��'��;<;:.�:�:,�:' • o ar rio to the ate of C os be perform an r�����t:;'�::f �;� `? :� ;��•;:r':�:����r:��'� �`�'f condltlons then to be satisfied by it. ,..�:. . � .._. �c?i�::�:s. _:�: �,� : ,.�.,-:.�: . . � '� (f) AMBAC shail hane issu�d lts pollcy to lnsure the $onds and Standard & Poor's Corporattan and Moody� Investors 5ervlce, Inc. shall have ass[gned thsir m�nic4pal bond ratings oi "AAA" and "Aas," re�ctiveiy, ta t3ie Bonds. (g) Evidence that First Union Nat�ona� Hank oi Fiarida has been appro�ed by the City as the Paying Agent and BQnd Registrar tor the Honds. All af thQ eviden�e, opinlons, letters. cerititcates, instruments and other documents, mentioned abnve ar elsewhare in tltis Purchase Cantract shal! be deemed to he In compliaace wtth the provlsians hereof i�, but only l.f� they are Ic; form �id substance satisfactory to the Underwrtter and the City. u the candttlons to the obllgattons of the Uszderwriter to gurchasa� to accept deiivery of and to pay far the Bonds cantained in this Purchase Cantract are not satistIed, or ti the oblig�tions o# the Underwrtter to purchase, to accept dellQety of and a1�ID/726QPCon/910815 ' .�.. ....- -�; . .- - 11 �- � � � ;r:' ..F`�i;i':��..,Yt�r��r.,�� °s !I, � y ti fF. , " � �.'?�.`.�; ��,a, �:S.,f ��,,;> ' ' �,' .g'•;'S�:t.r"r.1�.'j�eTy1. � . ti'� , .{',',� ":;Jf;�� I i ` ; •�s,;;_S't�f . , � S; �.j. .'„}�s . '. r'!� °S'�3CFS'r' .. 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" ��µ,t L''••':'a , : �:i:'' . , .r��'�" u t� [ li.w ,'�"1 � ° "� X'�� �,i. �"''.. n `'�i:'., c�I}..�r.;.�•��� �: , • µ� • ;y,•t,,,,�r7,���j��s;��:�t���r: 1.�'�v;�,�.1;'!T,_`..t!'...Y,w..Y" f ��`'� ` � . �,S'•..:,ryn¢'r'ei;r�f��,={�r':'�y��{yt: ` �.'t �,l' � . , .1�'�P. Sfl ,�;" s'�.'i' �°. ,! �.±;',� ' �'•'.�r,� fa '' ; �,; ti�r� � ��,': � tq pay !or the Bonds shall i3e terminated for any reason permltted by this Purchase �.,:�''�,p s:�«,�;�,�q�.�+�:^, z ,, ... .. .,.;::.�.� �,�, �%"�ir:��7� ��:`:ti�'� �� '�� Contract� thls Purahase Cpntrac� shall terminate and neIti�er the Underwriter nor the �±' �;���� �`�`a'y;{��� ��:• '�'`��'' �f= �'.�.r: !e�?��� ,� . �;� CI 1! be under an fux�her abti atton n rcund r e ���`��s„ `�.�'_„ � Y�;,;;.,1.. ;t ,, i;;_.4 • _�; t��� . ty sha Y g e e� xcept that the resp�ct3ve �'r,r: ,�� � �'_ ,, � 'j'` ... �� abli ! ns the Ci an nderwrlter t a >��,.�r'���"" s. >• � r�', ;ti,. .,;: ..��'� -� ��:� �,; "� gat a oi ty d t�e U se f rth In Par�graph 11 hereoi shaL �� s.: �' � ;'� �r�' �.. ,�,.s} �: � • „y�'�•,• �, ���� �`r. � �:���';' .`,°f° ��z=�<:.� ��'` �� �- �ontinue in #ull force and e#fect and the deposit specitIed in Par�gr�ph 5 hereof 5hall be ��'�;� �� ' ;�, '�;t:: '"�f�•'';�' �;.' "� •-; ; ��� � , returneci to the Underwriter. :#.�,'���'�q`x � ��. � �.-i ��`. :':':w;.; ; ,:w. �;•�,':: , i ,. , . ,�� "►�; �� ; � ::'��_... �.. . � ,�����. , .• ,,,:;:.�:, �1d�. � .;`. � :,.; � �: ��,. 1 �a-4 a.�k �.` .a �y}' .; '�;� �-; �4��:>, 9. Indemnificatton. Tiic Underwrltier agrees to indemnity and hoid t:armless the ��� �.�i�f�:,�' * � a .- ;,,; . ;�,. �, � ;'.��; �^�°r:��;y; ,;*_.�;'. °=r: ., Cft �ts oiflcers aad em Io ces a Inst an and ll I ����M�"`j,'� � �. ,;, .,�� �. ,;, '�. `�� � Y, P Y E'� Y a osses, d�msges, llabilities and ,� .� , '�:�;.��"'�;N�:��'�;i<�`""�"� '.�-�,;r�;;''�:='r;�_ e�nses [including reasan.a�te costs ai inaestl�gation) caused by any untrue statement a� t�Y���'�t`����:�,_.: '`w �i "'f�: ":i'�'iis�! "l;r •'j''°' •i: 'r4�'o� �`�'�'�'"�n•';����5 ::�{� =;,r ;,,��,;,�'- •;. x-'�,..,..:,,:, a material fact contained in t�e Ofilcial Statement� ar Itt any amendment or supp�ement � 4. ��a� #t'�'� �•,. �� k:'tN. y:,;; �,=;�;s;��:;;;�'>;.: :�:.'�"�`.'�`.�; �_ thercta� ar r.aused by an omisslon to state therein a materlai fact necessary to make the ������;;���� �� ��-, s �� �''�:�•:p�� 3�. ': !; '•tYi ��y. . '{:r {b ift..' ���. 'i �.�... 'l.�.•" a :,-.`M�{�::•�;:;:, �.,..�.�,,;."� ;�,;.,:.,,. � statements therei�, in the llght oi the circumstances under which the were madc nat t.°:9•.�,�'� . �.���.,',;,yyc�3��f :''�"°.,l.Y''•'1'�`; ���'' ;t:-;:;, misIending In any materIal respect, exc�pt insofar as such Ia�sses, dam.age�, Eiabillkles or ���7�Y,f �{;���,�,��',�� .s "� f -� ,� �� .. � :. �.r���• ' �� ;'j�ff;�,;-�;� ' �:;{��";,;;''";;, ��:;i� exper��es are caused by any �t►true stntement a: omLssion which �S bas�d upan lniormatian ��� ��.���4��= t a .` ,� :,: : � � y , ;`t: '+.- ';til,.:' '1� � ,�,;; :;�; �:::'�: �?� � ;• �� " ' ;,. ��,�: ' r ( ) ing rw t y the C ty exgre�ly for use In 3r� �r�� �`� �° ��" � �'�• ��` �>� '�- t h a t i s i f u r n i s h e d i n w r i t t c � t h e U n d e r l e r b f {° r a�- �� } , ������y�.T;,`�,; ;, ;:%; >;��'��s'�� `� . ,+'��.:� coniieckian wl�h the �fflcial 5tatement or (ii� nel � ;�3�:�� ` ty ':;,.��- `�� :�;: . s`:�";'..,:;� , tt►er ascertainable tram the pubi! �:� y. . :� .��� 4 r: � ,-:i . "_ �., ;�'}:,;:�5 '� r,;�± �r' �- ,' :;k: ,, ,� r'•;;:L;'y..i-..- recor o f t n h a 5 ro mon k nawledg�e. :<:} y;� , j� �� i-;.-, ;,1;` •i:r�. � _l�� �� �'t. �.i ��� �•:1;�� d s he C ity or fl f w h l c h t he genera l pu b l ic m ��.��d��� f ,� � �.r. !(". ., : . : � �..�ft ,� � ,.� r i � F' ": .�:I.f;Y����' . f,'.. (r� ,.��� ..i � 'lti��.. � t,. , .����^ :i.:.t` ;i;'��i.r; , � `..i.�..�. `.:, ^���:n.'��'e��� � �• - ;:�::��;'�:'{',.-: �'�.;= � 10. Termination. The Underwriter may terminate this .:<°,,,��}_� , ���.� `.:�.� ��•;} r��..= �: 'i :,,� 1 `:.;:�'�'L:-r4 `' � PUiC�185C CDAtZBCti �y ,- ;� r,�,, � s ::....;.,; .i? :':- �' '�: :.;•;:i:�,:;:s:�..;.��c�i=��. ,� ;,.;,:=r;. :,� notice to the City in ti►e even� thst betweea the dt�te hereoi' tng {) �t�'" ,.. y���.:: ".� ,,�r::'';',a;'�:;���,.;.�;;_;:,.: Rnd the Clt� a :�':<<ti;�;i:,'�'�' ��-�' �,:. ,., ..,1r; ::t°, :s -�5�� °,,°:?° ,��'j" legLslatlon shall be enacted by the Congress of the United 5tates or adapted by either �`' �'°i���?�"�c •'�-�°" � - �-r'rz•- ;•:.� . ... �.. •..x.-�':._�w �....� .�.'r�'''}�i��x7i•ii ,'L'. ,yr.` ;�.' .. , t4;; `:.�,Y ' �;4i•.r,': a�':.#`���:'-:,} ,,'r.x�.�,ii�;.�<.�"... . :�7:''�'�s ��fr�s,:� ',r`�=t,�'; :j'}'� j ' ��: 'F:'�..,-, :: ;,-„,. '�?. ��.; . .� �r'i'S a . � ���t... t`. , :•kk�. � . -r '.: �."�>. � J'7�' �'.,: `-:�'.l:"<.,,�... `:i;SL'tiy�:.7b. �� i��'..��i'�;�.=7._::;; i`;'''_:-��:fi;,� �:j..''i�,'�:r....;:''= ;'� f.".f�,: :5��^f- : t4��`� •'{t ,"' , . . :'.: ' � -�,. ;:�s,;_,, ..,-'1 i: �,�t,"4, �. :,.':Vi.d�'flA�'� 4 '� a!�``��� r,r :" 4i�`�_.,�i �,�t�•`�' ��.r ,1� '���sn i-;;��-,;�f� i i:,l: �?�r.e'!�•v;� �tr�{.ti.`r:tF�';,�' rY' � , r <• • , >i y���.. i ��:�.,;. �, �- � y,., ;;� :�y}� � �:f� �,, :,�.:.>•;�,,.�,: �,�y �i�� .�:,.'t• ;�x !'��fi��-�'�.: ; r;�i:.r:�;°.•'.i''1''c:`; I�ouse thereat ar a decis�on by a court of the Unit�! Sta�es ar tije Ta.x Covrt of the United States shall be rendered or a ruling* regulation ar olflcial statement hy or an behalf af the Treasury �epartment o! the United States, the Internal Revenue Service or other ga�ernmental agency shall be made. w3th respect to i�ederal taxatlon af revenues or other income ot the general character ex�ct�cci ta be derived under t�e Ordinance by the City or upon Interest received on 5ecurlttes of t�e general c�aracter of the BonciS pr which would have the eftect of changIng, directly or in�irectly, the #ederal income tax consequences ai receipt o# interest on sec�ritles at the get�erai character of the Honds in the hands of the Iiolders thereof, whlch In the reasonable opinton of the Underv�rriter would materlglly adversely atlect the market prtce oi the Bonds; fb} t]ze Unitied St�tes shall t�came e�gaged, in riostiiities that have re�ulted in a daclaratfan of war or a n�tiona�. emergency, Ec) there shall be in force a general suspen�ton of tradittg on the New York Stock Exchange as the r,esult of an event affecting the natlonal ecanom3r, {�) � generai banki�ng m�ratorium shall #rave been estabLishetl by federel, New York or Flarid.a suthori�ies; or (e� any event shall have oacurred or sitali exist whirh, in the r�asonable opinIon of the Unrlerwr�ter� would or migh� cause the Iniormation cantatn,ed In the O�ficlal Statement, �s then supplemented or amended, to contaln any untrue statement of a material tact or to omit to state a material fact required ta be stated therein� or nec�ssary to m�ake the statements therein. in the iight of the circumstances under whicb they were made, not misleading as of svch tlme and which would materialiy adver�ely af�ect the maricet price o! the Bonds. 11. E�ns�s. {a) W�ether or not the Bands are sold by the Clty to the Underwriter (unless such sale f�e prevented r�t Closing by the Under�uriter's detault). the City s�ali be HND/72BOPCon/910815 � `, •; y: v: t':'.� ' ' ;f�'�': •;�, °'=, ''; `.�� ��n%�.���e. � 12 - ,._ . , y�7R"� � ;'e.���i�.'�,� y�ii �''',rr�������. 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' f!! , ' � , . . , _r:�.,• . . : ' ' - , ,i . , • , . . . � , � i! . � � , i �1,,5, "Y(� r .. - � . . � ., .. .. .. . - 1 . � �� ' 4 1 � 3�i[I�INh�.M�r�w a�..in:.4=:a..� 1�u.r... «... .. _. . � .. .. . -� ... .. � ..rrTP�... c �,.. .. ... .. ..a .L�, ., -k:.'fl;;�.�,��'.� � . . ;' ' ` °,� 1 ' e'. :•�� s�. ;, f ;. �� 's A•S'5 i' . ' I i i. '' 'l I' . �(: l.. . . i �' - . . L. • l�' • f ' .l'#�, �: . �` S N 6 �v .'S 'r 1 � r142' ;;1 ��'�+�;�;-���.y� � Y' ;, ! ir.; � � 7a'7�1A�g ry{��, Y . �+. : �., . �::: `�'.,�ir.. ;,i [ti ;�'a ' f t ' �. � '� :� ..:: s�' 4�� � ,. , .,�, ��'�fta . r''� ct`,.;�'fyr�j���?� � ' :' 1 �fi` �,":!',{•,;?; �y� ti���y �i��1�7s�� ; i �1; ; •�S�,�t.2�f�fii,;',. . ' ' . .�rt v�Kti�� tilf� L.�'i": a k, • Yyr}t a , . �� �.7,+�,:yI;:sE';Js"5ef���,�s'�f'Y�`r . ' {�'s s y�' ����'� � , ,�i:-:�i�%•;3°S} i��'ir�,Jp'''�,•.; ' �� :i:. �t• �:�! u�� ���� �!�tS>�` � ' . w . .�' -•41y°,=`•"�t�'��•p H.�.'' � 1°• e^<"'3:['t]���f°i: . .� � , e�' ryL.i;r� .l: �f T`7j �l�if'f ,i.y , „j,r.� . .t `",�-'�ri' .k,l= -��_. . . . � , ' .i� �n `+����•'^ti�. . � . � �-:,�y a, �.'R�t; ��.;'�`;.� � c. :',i..j : Y.'> �`°;3<<k , . . .w .. _ ..s._.�.,...:.�r._....w.n�e5� • i ! ' j r-; � ii�: , 4 .if:J,ii�:Ar',L} `<y��� il�•: • f;.5� ..s^�'%'�`s�'�>iw;`Y.?' , ~',�:: °`':�`.'�'� �� '•� �' - ��- !> obligated to pay the iollowing expenses: {i} the cast of preparing and prInttng or athar •;,��.,°;�,,',,:;:;;:.�,. , .-,:' : ,.. , ;,�:>�.;' �„; °:. :�. ., � reproduction of the Ard[nance; {ii) the cost of preparing and printing the Bands, rhe i��,r`�,'f°�;�,:.�<�:, � �, ,.��:t . Prelim�ary OfticSal 5tatsmenL•. tt�e Otficls� Statement� any Hlue Sky and Legal •�^•� ��`����'�' � � ;�� Xnvestment Susveys, and th�s Purch�se Cantracti; {llij the fees and disbursements o! _,,,, . '_��� '��� `.,: , <:�, � � , : ° � � ::��y,;,..,`,.�y,,;; _�.'�,; � ' � Bryant, Miller and Olive� P.A. incurred in its capacity as Hond Counsel; 4iv) the iees and �-° �; ��, •��• ,' disbursements ot thc Paying Agent and Registrar; (v} costs uf the escraw ageat; fvi) the `' .; "`'' <�'� �' � ;1' � �'i fees and disbursements ot any other experts, acoot�atants, c;oasul�ants ar advisars :' �•=;r�f.:;"4''; �; � • a reta ed by the tp; a d(v 1} th co t spape a e ise ::� ';�_ ;•.�:�� .. - .� ln Ci i, t e s af new r dn rt ments. #,_. �:tsi�, �'y,:�- � ' ;,' • �' ���. } •'''�'F'. : . � •'j ' � `i ,.. . '��.,;<:`'•���,`N:',,.,,'.:�:'.i�;.;;`,;-;;.° ;'. , {bi Whcther or not kh� �ornds are so�d by the City to the Underwrfter r.:i. . ..��:_.,�. . ,,,, :.,,� +•; � �"�' �� ,',°..�`:�'.`� ::.1.,;.; :-•,;'.=;;:?-": : (t�nless such sale be preventpd �t Clasing by the City's detauit}, the Underwriter shail be � `'`�' ` obligated to p�y the fallawing ex�nses and shall i�e permitted to pay s�ch earp�nses tram , ,, �;� Y.;'s��;� `f' �: ' . :r� � � , their disc4tint: (i) ai1 a,dv�rtistng expenses (except the cost of newspaper adpert4sements) �'. •r�'�:,+�': 7�.:=''°a i`a,'���.:: :t. :'.., : p' ' i�� s..Y.;�.r��.:_.� i ; y' ' �°� `�`���I�.:a ��>:. In aannection wtth the public nftering ot tlie Hc�nds; (Ii} the fees and d[sbursements ot 'f.�l�>ti;;��,i;y '•:::',.' . .: * j: "�"`=���;:�f`'��`:�,��,�,��''i%'4r'Fei.'.�.•1=+�'! 1+SW.SO��� McWhirter, Grandaf! & Reeves, Counsel to �he LTnderwriter, and (ill) all other ;�•';, .,: ';�;,• :.,�.� "����,�;..'.. ' expense� incurred by them in eonn�ctian wlth the publlc afierlr�g ot the Bonc3s. ,+.t'y;,,^. •'?i.zt�.S`4';.��,, '`t�'' .1 �`i ;S ..:•' ��i. 'S- 6:s�X�.• :'�i�t, r l't� �t'7�' 5�;:�`:- , ��=� ��; � :;'�;? �=;f3:�Y:���''? =��� 12, NoLices. Any notice ar ather corAmunicativn ta be given to the City under `�,: ���'� '`` `,:` `` �.'.,,� ,:� this Purchase Cantract may ba giv�n Uy delivering the 's�me �n writiag to the address ret ,`r, ':,.e�'' .,..j� , i •`, '�. ��;.:..,t��,•�..'i'�;�.t ��:i, .�a'', y,.'`'' I; ';��,:•. .�!,`:-. ��' `�" ,`�',� .: .�:� forth above and any notice or ot.�er communlcatians to t� given to �� Unflerwriter und�r 4�� � -` ?.�., �: :,; �sy�� �:,. .: �,..x ,f : ``��`•� '� s%� ''`'`�'�`��' `' this Purcha.se Contract ma bc ven b dellverfn th� same Ia writtn to Smith Sarne :;:. k�:,; ;°�;�_�''� 4,;'�'� .,,�t;�;--.:'�.•: �.; �. Y B'i Y S 8 Y• '�!,��; ��.�:E�'.`;►:� ;`�:� :� �,... t;,,':'�'�. 4, �'r I-iarrls Upham 8c Co., Incorporated, Attn.: Worth T. Hl�ckwell, I Tampa Ciky Center, .,,� ..�. .,,,�. � ,,,,..._ .. �: '-�s;�': ��,.; .�'' �� ^:�.,::: �:.�;'�>�'::� 5ulte 3500, T�mpg, F�. 3�602. j'��� �� +�` :� ''�-. x'',j•��5.,��(: . .•'f,� 1; i....�:,. 'S.. �' �,�t;, � � .r::` i.•,.. , : Y�,. gt`. '�`;;1;, `•'�;'i is'tf CJ`. r'.�}'� ';5:= k a r � :;,�., ` `i.: �,� � ; :���- �'�'��: � �3. Parties in Intere5t. �'.l.���h 4aMf�i. � r1�.-�; : S,.f .., .• '��.�zii;^ii��µ��h�� : ,:�53.�`� ✓i.��'��,:�.tixt`::_: :�%�t''.�`����.: :°,:;��,'�,FtY;.' c�!'': '�' :;��i;,' '��' (a1 This Purchas� Contract is made salely for the benefit ot the City and °.' "'�� .' � ", � `�, .}: ; ; r `_ ' , �`, ' ;; ;', >_,'" �` � the Clnderwrlter (inciuding the successors or nssigns o! the Underwrlter} and no ather �., �<�x:'���' ':.�•<�,,�•;S. .�:.rt' . - +.�;`4, ,,� :.��>.. �; .. , ^,c,'.. �.;. ?�:{�.>�,;;•.i�`��iH i�. �4•;'�'�if'��S}J �.��,;;..`'::;:,,:��;`: �erson shail acquire or have any right hereunder ar by virtue hereo�. All of the .=r';'�,�.���:u:;��,:«;l��y{�� `�•`. <. ;;°� • r�presentations, warranties and agreementis a� t�e City containeci in t3iis Purchase _ . ':!, _.,^;r; `�i`�fe.i: ,'\,.. <•.i.}i}i'�= ,�`yY. , ,'.r•.. i'•i Contr�ct shalI r�main operative and ln tull force and efiect, regardless of: (i) any Investlgations made by or on behalf of the Underwriter; (ll) delivery of and pr�yment for the Bands purst�ant �o this Purchase Contract; or (iii) any termination o! thls Purchas� Cantract, but only to the extent provided by the i��st paragra�h oE Sect[on 8 hereof, (b) No co�en�nt, stipulatlon, obligat�on or agreement contained in thls P�rchase Co�tract shal� be deemed to be a coyena�nt, stipulatian, obligat�an ar agreement of any member, agent flr employee of the City Commission �.nn his individual capacity and nei�her �he members of the City Commissiou nor any offIciel exe�cuting this Purchase Contract shall be �Sable persa�ally under this Purcha� Contract or be subJect to any , persona� liablllty or accounCabllity by reason of the execution hereof. 14. E�fectiveneSS. 'This Purchese Contr�ct s�hal� become e�tectfve upon the executtan of t�e acceptanca hereof an beheif ai the City by the Niayor and attestation by the City Clerk, all !n �ccor�anae w3th the reqt�iremeQts s�t fortii in the City Charter, and sha11 be valid and enforceable at the t�me oi s�uch accPptance. - 13 - HrID/7260PCon/91Q8I5 . . ..__� . ,. , . .�,, ; � , t � � A' �� f !� a% u� ' . - ` � � � i � . _ ., � +; }� 5 �� �'�, `�� � i �r'�`•�� .,. ,; ��rt- � � °N ., �. i ; i� 4: i �R� �� i5�5.'�� +f=F�a�'�;4�!j(ryi;i} 'h� • � •i��`.lJy�i, j���Y.',T1�'I4�� i'��i: �'�'; �� ;���y�'����;{;. ::1�'�� (�f',C�}��R���la� ,4� l.;;.,-° �. ,• � �,:'. . ` E � � �_ �l� t,�'� o��' � "?.''s , � itiw?GS��'���y,ifZi`�5 i�;.�y;.?.��.. 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' ' • s r . � s . . , .. . �! i �iM. 3��'l;.L.ly`'•S.', '{'la�. �' � . . . ' • ' � , . ' ��ri���. `�J�' �f���t., i '.:;,�: �':. , ;e�� �( Mri� ,. . � �� .. ; � . ' • . ' . , • � �y� � ,,, 'n;7..i '�SS�'� i:?�r.� T �:" ,1��� 'fi �.'/s`��LY.15�.�lwnxra..`�_.»_ """.._......- «.�....,..�......_..ww...«.,.....�.�+m�..i...r.:.....i...>........_.. . ... ..- .. - .... . .. . .... _..._"'.. 'w� .? - ` � 1'r/l. '�i=f�;�'b.>�; - '��; :. ' ''' ' : �a �.r:..l j�= ; :'• ,i�yy . � �:;'" , . � �^;� ;�Y:.�.` ;'"' �r' � 1•7 : .� � � '��,t��t7 .1 s'' ';!"�:.�:�' �' �. , `��' � . �� ��:��;f��s� t�, .l�Y.�>:�,rr�'"""�: .. � k�� ��:�;��;%;_ �; . ; �• <�; �� �. � ;�,r'.:"'£•.,, f. ; � ';,': 'iT., �,. ;. ' � � :G�t;3xr:i,;. :::'�'�w_":t...i''a�±11?i» . , E i �j��.�� ';�F ��{•�r.:,�t�t`'� �` 4 .y ...f �� .��...J(-i p ��3:J" 4�'� . si ' ' i Y ti r�:,,= °� �:1.; ;. ' ' � �;,'r..t;�.�' r�, S�Y,� t.,��,:j`. ;`� f ;�� r F;, ,i,^'. .� ��` ="�' '�;;'� �` "�`'y' '� " 15. Caunterparts. Tt�ls Purchase Contract may be executed in r 1 ; ;k' �: t;��� �� ^ ,�''. i ,;, y' - SeVB 8 � �}.'_�:�<-'r��==-'�'.�• .r�,,;y;;:''=�°� `° counterparts, which together shall constltttte one and the same instrument :. ,.i .�; 9.,4,r..t',a: i,`,�t';:y' :; �..':i: � • �r 6fr ..�...a�r:.,r�.-,; . " �.,�;, '-'�� ��� z`°��;� �'�:'���F,'y�.:f �-`.:, 16. i+Iorida Law Governs. The valfdity, interpret.�tlnn and performance q! this � i;��v�. ,:i . �, ., ,.:���... �pr.���,,t;a., ,;_.;:,:h:,���,.i;R; ; Purctiase Contract shall be governed by the Zaws of the State af F'Iorlds. �� y'j�'P:� . :.i ,�.,:,;�•,"{�.� =7, e . 'wt,:r . i ` .. `,< Y ��iit'i`sr,��s.�� 3.•���:'b`�•"•4x-��:...:.� r�rr .. 'f ki :,,,�..M.:. t°'`.j �+1 `�; i;',,.{;''F',ti.���'�'•,�:�,,• �7. Er�ttre A eement. Thfs Purchase Cantract when accepted by th� City in �' �'::��j�r *'�°.�- Ez;� �.`'.,�,,.,,, writln er ,^,.��.�yi'�;z���j ,. :,?;"s ,�; .=��z;� 8 as h etofore speciit shall constitut� the entire agreement between us. �� .. ����S��Y�� � jF�i .:°�i �^,�`,.' M, i yj� l: t"'.'�:`��`'�'- "�' ��w�;��,� �,��� ;�:.�=�,;k��'����;�' 18. Headln . The headings nf th� ctio f r ` Se ns a thts Pu chase Cantract are s ���a,�.���j.y'f,�,„.x .�ye�•.iRir.�t���;-;.;� insertr�d #ar conventence only and shal! not b� d�emed to �e part hereoi. �. Accepted as oi the c�ate hereot: CITY OF CLEARWATER, FY.ORIDA Hy: Rita d. Garvey, Mayor ATTES'T: By: Cyndle Gaudeau� City Clerk Approved as tA form aad legality: M.A. Galbraith� dr., City Attorttey Bi�ID/ 7260PCan/ 910815 � � , ...... __. � .. t r V�ry trulY 3��► SMITH HARNEY� HARRIS UPHAM 8c CO,, IN(;QRPORAT�D By: � VIc� President and ' Authori�ed Q#ficer - 1 �1 - . ... ,. „ . . . .jir,... � ti 0 Ey �,} %�i � ': � : ��. s �,° ��,R C �� i � �l ly;y �.,��''' w �j� 7l3=�t!0'lti{:.G'��;+���.,.�a�.:6`9't``".�ra°`!''u';�°•:7t�:: .,�.,,� :ws;�.�Y' '�'�".[�:� .f,� -�h?t�s"•�re;�.t'",'r3m`-�";i'�'.�Sij'�'1"•.,.r_�yti!►!}�l . - - '� ' , � • ' � ' �� , . . . 4J� . '��. �' ', j„: . , x. .'• . ' 3 i. '� %�' 4 ; � ���'.�.:''�! ' � wk,,�` : Y' i%: ; 4^,,';'�;^:� s` �"�.a.�-� ;,3i� �`� �.� ,r:��..v..1; :, :.3� .',o �� ;.i'r y .�� .;is' " .r:�. " ;,r�t.,�y -:.,, �`q ��'`� 71i� � '�1; � ' � ' i' ^ e �. ie ' •'t.:.�.�t:�. �;� � . � _�,a: � '.. � 4, ` 7� Ly' �1�.. 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' . . i�' � ' ��r�'��} .t'�� �`'• ���Cfy' k , ;r}„�1/' �.�',,:Y� � ` { t .S�i4�kS,y'S�".�h�`,'cC�1�' �' '. .i, :N. : f•y, . �.� �' (( . t • s' i:f i'�et�a'�IE4�Si'��:� �:�t� I i » g N'r F T .1.., � "t� .•`;... `�I�.� .. . ... ; * �a,,.yrj�s% lli.�ly3w l�,f�t..,, . , ,t '!�..r. �.1. .�, .�. '''• f ,'����{4k`������yXf�`•j('jy��� +.7'��.: �'��•_-�`•. �'.'�:':�=:r t� . �. � . �4�Si�'J:�TSy�F115.3� �y'� '>�� f ` �: `', h : ` ,s �.. ;�.1��� ti;�,ri� `�� �rr �.�r+�.".; �ii�'• �'� ,'�� `� 'f:�,� � APA�ndix II 3� �, _ , �'.;; . , sr,., �•;� '. .. , :' • -a���;�s� ,�N�'''� �+� .:.�: •.., r j �_,•,�..�: ��.y; �� ,:'f.� 'i; . , , . . « �: , r:, ,: : ::':`��r' ' ,- . � _`� :• .� .��.. lU�HI1dEl�0 ����8¢..,�� n ; : � � =`.r; �:,� ' : � _ � ,`i . .. z , Redem tton. ,�t�r�r'� ;;�r �: {��r���". � ,'r . ,�? � '' " '.i � . J `�� •l�.1 jy .i ..1`Y•`�3j:fkfi�1'i�4t ',i" �:��4�:`c.�;�.i�.:. ' •,�i' �..��(�5.� .s yry�e.,'ryS:,•�+�i.i. Li��� ♦ w.dt':..' ;., �yh� �:� •-'�;,".}:,: ::=1: :F �. Th� Ternu Soad� mBturIs�g on Sept�mb�r 1, 2QD9 and 5eptember I, 20x3, F��-`���� ���''�^�'�� �: .;. �: ;�}� z'� `o�" -'t:. �r' •e x.;: ��• �•�� �'. ' respectively, are svbject to mandatory redem tioa in riar to maturi b lot at the t�• �.F ���.�`L, ��, � _ . ; . , �, : ..' •. . P Pgrt P �Y Y ����,�, �f,.• ';�w.:E::�;`�;: `: '����;=',.,:5=?�:�`':��f• prIncipal amount therepf (wfthout premium) plus accrued in�erest to the date of �y'' ;; �. ';� �� '�'�<<;'.;.'�t� � �`r�:� g'�� ;�, :�:, � r� redem ption, lrom funds which the Ci t y has covenanted to deposit in the Bond ���''�' ."r.� '. , :,_ ; r::: ,w �,' ;',. :i:� . . , . �,�;:y�:� �:'�� '':;';,�= ';�� :`�: ::;�:�� ,}. AmartizatIon Account in the Sinking Fu�d In the amaunts and u�n the daYes specified as 3�� "` �� ':•_ .� ..�y�. ... . .... .�i..: - � . , - ; <� •, :�... .��t-r�i�•� �• ':':,' - . fallaw5; �� , . :t�'� ;�.� '�,:. 3 .> >..,. �� � , .�,':�.. �'�',.,t:'y., :s`.'��s , .�; i',�` ; .. w��_ � '�i j." : �;;{: ..,,�c ..ri...� .:,'..;'_. ;:'���'S. .y , :� ,. Y:ti' ,�. 3-' � W���), a� �� a ;Y }� >-,. .� � ''. • . : . .. �. �;`� � 1 2 T ds Due Se tember 1 2013 �,� � r.� � :; `''+`�`�j�'����Y��;;�4' ��`�?°r; :��:;'��,:�� � Term �nds D�e Se tember 1 009 erm Bon P � ' ' `a?� `'`��i;�.;:'��"'''f�"`';' r�.`:;'�y:,iz'�;:� ;et°- ;: � _ ���.�, � , ��J.� ' : �.� . �' "'.,i#`'ri-'����.' f;�=:��''r; .=';r..,z���.��:`,:rti�: Date af Re�lem tian �moun� Date of Ftedemption Amount �'��s ' �'��� . •r, i , L ., , . �:��F� +�i� 3 ..� ! r'+ ��`� 1 t��`•- :.i`i�.�ti."1�J �+i ��.F ':' �R � i T.�?�� � 1 • �`';:n�- �• .•-:r�f: �•.`•'•,f.`~�,:;,,�,-- �f�: �h,r��'# ;�' �' • °= Y ° �" � ' em T 1, 2QID 560,Q00 .��,e� .b'• w ,�; ; :.:t�.�,.�?;'':,,_i,•,::;„��� ;� :��;i,�:..�;�-;,� SGptetYlber li 2005 �410�000 �pt � � :��;,,�';y { �' ;;';`o,`;;:%� -,;.: ~ .? � ` ,. r:,;-� �;. ,, September 1, 2QQ6 q35,0U0 Segtember 1, 2011 sss,aaa ' .- .: � � ,,,;�., f ; :?-: :� , _,,; . .., , ,:s��� .��':��:. ~ `,��.�'•:.°'=. �:ti �:�-,;�-;;�; �'�..: ;�`f; �; September 1, 2007 �4B5�OOQ September 1, 2DlZ 635,QD0 ` ,� � �r. ;.1:j r...�.'�`k.. ,,; �.j;n.:1' , •,,�.�Y?�. f '�s� '� � t f • i:�. +'it. L:: f.' :`�<< � � ;�, � �4 .� ..> , �;i;, .,,• � � .�. ��. , , . 'r September 1, 2DU8 4JO,Q00 Scptenit�er 1, 2013 $665.Q00 n!�'�;�: •, .i �''''�`"" '��=''r�:��:;�'����������; ��,:frF��`� �� ���`•' September ?, 2009 $525,OQD r,�t'��:'�� �� r, `C�, � .�::f.:','':�:r<��5;s�;Fd�;� ir�-x�, :,�r�:. _ ;�;. ��a,����w � �.,,.. �."� •�l.l�.r,.r" :'-rej�,:}'i;R�,�S'�•yry:,.}?��•,:,5` ;,�y�,�,, �� .'� •• k1�Y. L.,:Y�-T.4%iyE' �.'�^��I.`,..�.,,� `si:..e [. tl;;.,,,r' )i��;�.���`,"a. '�� �.. :��; ��,"�- �'� ��;;'�' '+f y'rZ;�i x'S '�� �' , r.ti ',�'E' � Mnney held ior the credi� af the Sond Amortization Account :ls required to be ;.�FS �>� ������'' ,��. '� � � • - �, ,�;,;. � �� ., t, .:.,.. , t �' "µ'�1� � � r . t.. ,�..' .:3;;?�: •'�',�.?.��'.1.;:� P : �iy"� r'' �T: M'� •r�. .� �� �`; •;:';� ;;i,y:'� y a: C.- �: ,.�'':,:;, eppl�ed to th., retirement of term obilgatfons as fo�lows ;� �y��, �� .� .! , yit"Iy'fi%�.��;�pt�:.��4-'f:3`� e^., �t y ,..y,.. ^3.• vy`ry�� �4� �:SSf;rS�\,''".:�.. v asi��:''�'.:3�R:;' 'i 'ai`i1..,4 hS; �' ����t� �:� ti", ..'.is.�... qr . 'F�� ��:" �' ' •? � }1":x.i':.s.u����1�.'S,�i;?t �4�:«.,`�,,E;1� �:}; °_•;;;;F:;�;�r�`:�r;,-}.�'• i1) Subject to the provislons of paragraph {3) below, the City may purchase 't�<.•�=�•;=r�s`�::�:���.E:;�-�����';�..�`:_'�'� T�rm Sonds then outstanding at the rnost advantageous price obtainahle with reasanable ;��:. ;:�`• .�.�� �:�: R•: �.; .,�., t su T rm Bonds plus fihe accrued ,�;;rtr;�.' �°;; •xi-" �;�" 5;:.�,�.,:• diligence. svch prtce not to exceeci the princlpa oi ch e �f.l�' ��C�v"5 i-, tt� ��:•'i -�;�"�,' {�; �;���'��;g`����'��`�:�s�;'` interest to t�e date of delivery thereof. The City i� required to pay the Interest accrued '����<������'�;: �E•���:��;���°�,�=,r,'�' on such Term Bonds to tt�e date of delivery thereof from the Int�rest Account arid the f: ,•�.ti�' • +�� ;�,�'° � a, ��,. �'. :a� � ss;��. .•t, , ,.n,',r�,<.� 6�::;;'.;,� -,�;�.r�,..E,-�,�� �;:_;�;,.;_;;r�;;;::,.�; p�rchase price irom the Bond Amartizatlon Accaunt, but no such purchase may be made ;'��. .•r`,a���--�� -�-��,.;,;r.,l ;.,., . ,���; �� �'�;q.,' �,, �,... . by the City withi� the per4od af 45 days immed4�tely preceding any interest paym�nt s j'}it, i� ;}�. rv ��i1� 'F� �i C' f.:::a`4.';: i: ti;,�;�y �:���:}_.,;,���,�tt,i..�.;.;, date on whIch Term H�ands are subject to call for redempt3on, excapt trom money i.n �"�;�?��,. �,-�`�;*��;�;;,�:'�„;,":;, excess o# the amounts set aside nr depaslted for the r2c3emptian of Term 3�a�ds. (2} Sui�ject to the pr�vis[ons oi paragraph (3) beiow, whene�er su#ficlent money is on depo�it in the Bond AmortIzation Account to rec3eem $5,Q00 or mpre princlpal amounC af Term Honds, the City may cali for redemptiaa from maney in Ehe Bond Atuortization Account such amount of Term Bonds then subject to redemptlon as, with the rcdemptian premium. if any, will exhauSt the xnone; then held in t�e Bond Amortlzation Account as nearly a5 may be practicable. Prtor to caliing Term Honds ior redemption, the City is requireci to wittidraw from the Ynterest Account and from the Eand Amprttz..�tipn Account and set aslde in sep�rate accounts or deposit vatth the paying agents the respective amaunts reyaired for payIng the interest on and the principal of and redemption premium applIcable to the Term Har�as so called for redemption. (3) Money ln fihe Boad Amortization Account is r�quIred to be a�plied by the CIty i� each tiscai year to �e retirement o� Term Honds ti�en ovtstanding 1n the following order: - I6 - BND/726�PCon/9108IS .�.�.. �. . ....s . w�� .. �._ _-._ _ . . � .. . . .. i '� _'-��- i \ il..i IVF�. 1 F .i ", :,� y, 1 � 7 ` � l� �� ��" � `.-,: �.� _ ; .� 1 ��t .1 .., t�. ,�_ �� �3 � ! r��',�t ���, n �. �; � ,. : � ��: �G ,,_ � '�Y iy4s _ �r �JZ wi"b'� s E�Y'le., i?�. �'+-___'___ l. 1P',T",hwrf•I. �'ti�b'"�`� •,'�W.�� r(�_4 �3y�xtifx'�,F�.�.,.F,�.+h,.��;.n�w��4"'',,C.•'.'Y8„9}};�.� ��t �.� �y�-. � � - . . . . . s ... 't .. �. �:' � � .. � � ,.; .. •' S .,d.rf���,a a . . , i".��: J, . : ; � . ' � ' � , dj' �t�� ; ';'����E'sa ,��� �/�,/kp a�:. 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' . . • � .F� • `J,;.th�t�:•�i•'.�`.�'_ �:7'�y�4:,�,F, .. . � i , , '' �.�' �::ri;:�,a',,''�.����"� � ' , . . � . �::' ;i .t�...: ;I�r•,F`, ',' ..},.; ` ',�y.''i ,�. ' � 5' si�{t�'• �x. �. ... . .. � � � F: '}. � i . �'� .w�C�l►t:rw�nv.r......r.. . .. ...w -........ —..... «.w .. a saab��:a _. f. Y._1ili.•.i�_ �. ....'. iR.. �.� . r . � .. v .. ,. .,.. . .� �... . . . . . .... . . ....�..M" "_ .I-� S• �'.. 1 [`�,T. � '. �y. ` �t.l� ,. �.�_..t, ,V,.4^�, ;Vi'ti ;;',�..,-:' . • . �'�2r�T,,��`�4,':�r�y•i' �'}.i. �:.. ,�. =,i�r,��"y�:i..t1�:',-:�� 'i;,��:�,,..r, , . ��tC`A�i..,:�: ',i.c�;y:'�r.' :~ j]J _. ... , ,1 ' �:Y ;?'.'\ ; . . F'i �' -• '`", r J'j . , .. . ! - �i-'iti.` `;:';=�,:I�s,; `'I`",?''".�.� (. :��,••,;: ,.. ��� , ��. t : ,,��: r . �. .�o:t ;�.. ` . ` . , �„: � c' ;rT?�:;���;�:t,�`�`�i":Y'`�'���`..` .4 (a) The Term Honds oi each serIes of Bonds, ta the eatent o! the , = �.., r; �;`,'s�' w' :, ' . ;,.� 4', "��:~: •�• . Amortizatton InStallment� u aay, for such Fisaal Ycar ior the Term Bonds o! sach sn� .F� . �....t..":efi�'::�.`��.'.. . .•. �,�r. •�i:-:v...s..• ���,• � series tihen outstanding, Plus tl�e appllcable premivm, it any, an�, I� the amount available ry�r, .oti �;z. ..r, ':t` �� ''+�: ..'. , ::.:�:�.�.� �:',: ' �, in such Fiscal Yea�r �hall not t� suf�ictent thareior, then in pr�partioA to t�ie ,.�, ,t<�« �c;�• :. ;,,'. `� .�;" .�� �,�,'.° . v,.', 1? Amortization Installment, Ii any� for such F'IscAl Year far the Term Honds ot eaci� such f'},?e;},+:��; : � . :t•: : i: ."� .': y.+�� `� ..` I lus e a 1lcahle reml�cm if rovi ho ver if �:�,-�,..>"�s,,'..- .��;�:,.,yr� •, '- ser es then outstandingt p th PP A � �Y; P �. we , that \� • t h.l� � �' , ��^ ;�'��'^�"x- �`��� �`± the Ter� BnndS af any snch serles arc not then subject ta redemption from money in the '��-r3'�S.'s.l;,.. �:-,'t',.. •�, :',. y,. ;s r�;f� ,'k ,.<.. _: ,. .'<. � Bond A�ortiz�ttan Account and if the City is at any time unahle tn exhausi ti�e maney �.;: c,c�,.., e� ,:r<���., =.r.� ',: ' ~•=•=.�•i°'�=,�='•'•`;��;�`.'��f�`=: ''r �;�, applicable to the Term Bvnds of such series under the provisions oi thLs clause or In the `y;°,=:�'�`��: -;�_-:����'•'r,`�''';� purchase af such Term Boads ttnder the grovlsions af paragraph 1�bove, suc� money or '' ;,.d:`i:a�;�;�j'';4�'.r::',',`:', .��,�'�,c;�, the balance of such moncy, as the case may b�. must be retained dn ttte Hond ���i�;t'-�� ,��•�x��,��`: �,� �'�a,°:;: ��.'� Amarttzaation Account and� as soon tis it is feasible. applied to the Term Honds of such :� ` :, r., r Y .�; 4.;• ;?-',�`. , � rea`,�';x;�it�' : �rti�i}? �� !e(.•54. �° i_ .. .. �2��.�5.�.�i���t�i•�:=�r:���: °�.:�, �aT:'Ci:��;:?ti�. 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S•a+a��,l.r`n `�:.�+f+'`y;�:'�,.;;;.;,� �,1�:i;;"'.ti +, yt„� . ��3 �i�h 'f L�� i,�:"i71, y'4••,:�:;=��i'j��� .1�' .Y �� S �:�'f `�l�'"Ie'A G j {7��4 � Z'j�'� ,7�^.�5� 1fst��f�j'•. �'.1t�� �i�{ y�jr:i�f^�.�s..�.i:r,�A,�;�+...�r�, �„� ���. �. „�x; �. i •','Tff? � �, ,�C �; 'iw,'..; h�,:^�`:':# �t. ..:�„��±�:��` ;�� � .�''t ;,::;; ; ��`•, �� �i3'.s,."i�.�+;�'li�tz�� , ,.,;.;�v-_; �s'z;; ,a..'," S n i s� ��f7r« ,[F:;�',tr� ., i:..... x'��:»� �5t"`¢4.v9`� C ��: i:7�r ��'��rxl4, �7�� ,,�}�;�:ry���t • :.�,,�;Y,�. � F:; E� ,.u;�.. �'�. !""����S�tf�'�t�j','F���``'u�y�1•'t'a�{ �;'�`i� u y.k ��; � �� � �}y S 7 �1��4 �tlR , � ,; r � � L�, '�y�'�i��.ry�.���� �� i}e:I1�x�,����h f��iC` ,h��.+;R;:���i`�A�� �u::l�.ie�� ,�;f t-}k r r�t �.�: �-�;�_, (b} Any balance then retnain3ng, other than money retained �.s described in the first clause of this parag,rsph 3, L� required to be applled to the retirement of such Term Bonds as t�� City in its sole discr�tion determines, but anly, 4n the case at the redemption of Term Honds of any seri�s� !n sach amau�ts and on such terms as may be pravided in the resolation or vrdina�ce aut�arizing ttse Sssusnce o? the obligations �f such series. The City is required to pay from the SWcis�g Fund all expenses in conctection with any suc11 purchase or redemptian. t�DA81 R�@III t�OIl. The Hands m�turin� in the years 1995 thraagti I999, inclustve, sttall not be rec�eemab2e prior Yo thelr stated dates of maturlty, The Bonds msturing September 1, 2000 and thercafter, Shall be redeemable prlar to their stated dates oi naatUrity, at the oprion og the Clty, in whole qr In �art� and ii in part, in inverse arder o! maturity, on September 1, Z999 or on any interest payment date thereatter, at the redemptlan prices {expresseti as a percentage of the princlpal amoun� ta be redeem�3) set farth below, together wlth accrued interest ro the date fixed for redecnption: Redemption Pertod September �, 1999 - August 3I, 2UUU Septetnk�er 1, 2000 - August 31, 2001 September Z, 200i and t'herea#ter HI�ID/ 726QPCon/9I0815 ' � . . __ ... ,. . � �, , . ., .. �, , �- 17 - Redem tion Price 102$ i4�1� lOd� � v14'�t;",.";a�if�'�,�,,k � 'f '{�'l,,,`y1t.•��f��b�.iCy'r��y ' ,, ' *�t��'� ���'l]'F;�N'f���� yl f'k �3. , „ ; ,;rj .����t'k- + . ;: � •.< ';'aaa.�:j��r}� ��, . l9fh•7 �ek!+'�,4 A ��'� `"" .� �.t.�,��� r�� '�`," .., �'�� :;=��',�x. ;� � t �' r',v r �� � �Pf � . :i.�i;�,�.�s.y nj�„r f , � •� �;.a' �.�'�e�.�.�t�,�`s� . �: �.i�.��y:{4;'?': j�zt,:'�;�,� � ' � j� ��� .hr��j•R� . 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'.4� ;]4�• �� } �v;�f;';< <�,�' ;=,:� �:`�•�'�' �, �'��� ��° °^'t: Clearwa�er, Fiorida� for the s�le af $7,fi80,000 amount of its Gas Sys�em Revenue Bands, ,,, ���;��'� � �:�''3 �:;�,��;;`F�.,:.;�': +'!� '�� :'� Series I991 �the "Bond�'), to be completed on this date. Prior to the award af the Bpnds, . ���Y ���x = :�.�:� ys�'�=,";��''4'• %: ' ''_� the following inforina4ton fs hereby �urnished to the City: rt'�-'�. ' �,;�' h;,-,t � �, :, _ ._ �°r .. .. -� �', : � ; �. : �'�� ti�:, . . . - - . ,.; r ir `` •:! a r''.t�. ` � 1. Set forth !s an itemtzed list of the nature and esttmated am�ounts of expenses to be incurred by the Underwrlter In connection with t�e L�uance ai the HQnds; Clearance i7adarwriter's Counsel Fees and Expenses Camputer C1osIr�g and travel expenses �;� MSRB, PSA, CUSIP ' Fe�eral Eacpress, Telephoae, Communlcations Duplicating, and Printing Adnertising � Day Loan ��`: Federai Funds $l,f 52.00 I5,360n.00 V��� O.UO 580.80 I,53fi.00 7,oss.so 230.40 y1,152.00 27,876.8� (Per Hond) 0.15 Z.aa Q�QO 0.00 0.08 0.20 o.s� 0.03 0.15 ' 3.53 2. Set forth below are the names, addresses and E5tiIiIIHtiC� amovnts of compensatian of all "flnders", as defined In Section Bi8.386, Flortda Statutes: NONE 3. The amount af the underwrlting spresd expected to be realized by the Underwriter is $112,715.55� whfch includes the following: Underwriter's expenses Man�gement fee Undenvriting fee Average take-down (Per Bond} 3.53 3.75 .25 7.15 4. Tlte management fee to be charged by the Underavriter is �28�8UO,U� ($3.75 per Bond). 5. Set iorth below a..re iill other fees, bonuses and other �ompensation estimated to be }yatd by tt�e Underwriter on beiialt ot the City tram Hond pracee3s In connection wtth the Bond is�ve to all p�rsans not regularly employed ar retained by thecn. B1�ID! 7260PCon� 910815 . 1..- �. ... . �' � ; - 18 � . , � � �� �j �� �,:• s�;' � ,; �..� k 1 �, � '' .� ��, _� �` � �' 3 y f � .' i :� � `.�� �. � ��� .� �`, 0 � � ■ � � � '�!.i�f�����ymn•����'ry '�ii"'.�L2'S :i+�r+.; ,�i� ,,.•t •ti, w•��+ . . :�� '.Il'+at"`:4�: �,��}:„`•]^� �0� �£��...}.�.r�3r�[a^<L'�r�'+..'1!Y=.i: 4 d i I K: ',"C, rM`:: "1� �f�, ^;�Y. 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';.F��r�'��i,�z�-�a.S=:':'�'_:;'i'L�"�:i'i'��si:.:.i"_.. " ' �.i�t . .�r: . 5mith Harney� Harrls Upham 8� Co.� Incarporeted 1 Tampa City Center, Suite 3500 Tampa, FL 33602 W WITNFSS WHEREQF, the undersigned has executed this Disclosure 5tatement on behal# of the UnderwrIter this 15th day of August, 1991. • H1�ID/72BOPCon/91Q8i5 a1P'a..*�"w.r+Y, .Jr�. -. . .(+ .r •�.a '.I 1 1 � • . 1 °' �� � . � � . . � SMITH BARNHY, HARRLS UPHAM & CO., INCORPORATED ' By: VIce Pres.ldent and �� Autharized Ofiicer � - 1� - . . . ` � . , y �... �•.-..� . �l.µ a " .� . . �...h . i M�»�. ...s'�Y... , .�..'k .. � . � ` 7 ` a! � t..�r .�,a� .:� �'�� � ' S; �� i [, �'�� �� .� � i v � i �� 5 L. � t ' 'a, ' f.k�+ . e Yj �� 'IL'7 � � .?s '� f,:�`ty?I'+r � � 1`1?',, �`+�x' �l,�fi'. � ~�r'�� + e' . 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Y,` i 'Kk f3�r� t�j�i.W: :�J�� � i.. r�1�i V r;p4 � ��ic; :'�:�� ,c,.'s�:• � c r' � �+ � y�s�r� '��� y ��s ��; ��t: r irl.]M1 !a.� � '�3�i`.'i�'� � �������f � ' . . � . . . .. . � :`.•°a��.�.���,.;1a�� 4��� . ef`� S j .�' �iLkewuwww—.....�...e....�...w......-�....—'-.... e.:.._.. �..-s,..�...-wu�......�.. „ .:.n.s...st,'•- 1. •. �..� .... .. .- _r . .. . � � �. . ,,..._ .r_x.� . ...�. r ...« .....d.... ..... . ' I.�1 � �./ Y`+.�'�:'�4';:. ,3� � '�iy .t': . � ' . _. �....e . ��.�;,.��e�:i,:. •. , y- i:' a`. •° �: ' �' • r . "t•�.. s � "�',. Y,,.,: `-¢: �s '_4 '� 1 . '� Y . ` k+ 1.r+, F +."}'i�;.y�;{�%.i.: �.- F'�: ' ^�� . f , '�S` .�i R;y;J�F� t��y}t" �l (A1Fi.� N �'{}� r'' j3' ' � ^ 1� ''�N.li���..y'.,.�yq��jY' �41 it } 't E ,' i .,,�/�,tyr� �%` s ,�� �: .� ���'' . w y.C�11` �t4��t�},I��r%`� �'�l� tk���.71.� ; 1' V �,.•..1.. F� . ; . , .���} y°.. �, ' � ;,��irt;i +- e, `:'•.?'' : '�a� �' • ��sif3�e�'.'�°^::!�. Y.'Y:��f�l,t,� F.�1�?I��T B ��th. �'f. � A",�, f��'�1t'. ~'{ �:� �r.� 1'.;i �?j i • �,—,v er e. jsfe ;5::',1� �ptr '"�'' •�` :9�;?, F;; �'y'' �i��:�,i �: 'it. ;t: L:;�,'F�F `.. r`� ;�y(..F,��r,�s„�l .v ::i: �� s,.. L�TTER �F REi'RESENTATrON , i99�. `a :. ;}�;� The Depoaitory Trust Campany 55 Water Street �'�� New York, New Yo�k 1004�. �'�` Atten�ion: Genera2 Caunsel's office 0 Fte; $7, 680, Q00 Ci�y of C3�ar;uater, Flor3�da Gas System Rev�nue Bonds, s�ries 1.991 Gen�lemen: The purpase of this lettez is td set out cer�ain matters relating to the issuance by the Ci,�y o� Clearwater, Florida {ttie "Issuer") of $7, 68U, a0Q a.n aggregate princi�:�l a:nouret aE its City oi Clea�water, Florida, Gas System Revenu� Bands, Sexies ].991 (the "Bonds"). First Union Na�ional Sank af Flori.da, St. Petersburg, Flarida (the "Agent��j, is ac�ing �s Paying Agent and Bond Registrar af the Issuer w�th respect ta the Sonds pursuant to Ordinan�e Na. 57.18-9]. o� the Issuer authoriza.ng the issuance of �he $onds enac�ed August 1�, 1991� as amended and supplemented (col.lect�.vely, the "Dacument+�} . Smith Barney, Hax'xis Upham & Co. Incarpora�ed (the "Underwriter�� ) are distri.buti.ng the Bonds through The D�pository Trust Campany ("DTC"j. To induce DTC to accept the Bonds as e].igible for depasit at DTC and act in accordance wi�.h its Rules with xespec� �o the iionds, the Issuar and the Agent, if any, make tt�e �ollowing representa�ions to DTC: 1. Subsequent to Closing on the Honds on , 1991., �he ��sue� wi1.]. cause the Underwriter to depos t w�.th ATC arie Bond certi.fi.cate registered in th� na�e af DTC's nominee, CEDE & Co., for each stated maturity of the Bonds in the face amoun�s set �or�h or� ScheduZe A here- t�, the.total af which represents ].DO� �f t�he pr�ncipal amount o� such Bonds. 2. �n the even� o� any solicitation af consents fram and vo�ing by h4lde�s oE the Bonds� the Issuer ar Agent, shall establish a��ca�rd date i'ar such purposes and give DTC natice of suah zecozc� da'�e na� less �han 15 calendar days in advance af sucn record date to �he ex�ent possi.ble. 8-1 . � � : . . .. - .�+..,�^ , , \ � � � 41 � � _—_" ' •.N{�..�.R �fY' � �r. w -� :�� , �,r.: . �.: _ .�, s�r,:"'°!',v.:+,�,N :��1�,.*,*:' ,�c!'1f=�;"*:�'y�: 'S�};,=��1.�`c�'Zy.''°•Ys° : +�.�.�Fe �.�; . � . � � - _ . .. , , - . . . . , ..[.. � \ 1 . � i., 'r;. �Y •��ii4.:i'3;� � �.:,' "�' ' , ' , . . • , . 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'.' .� � ' , ���,E4>�,�' r���}.�y�f �b �.i�i;.,;s,;;�^� , . , � , . , � . �:r Ft:,';��s �:,� . . �i= ,: , . �� , . � ' - . . :i, �r�i�'.���<�'ti;.F���:,;.:;... � s� :i:w,�4ai:s_*`f_F`f�� P �. < ' , , f:` ��'�';�.u'' .�� �.� �.'`i,�,'. .� � ��' � • ' ,;4.: ;r, .,�: �;���: � � '�.��'; ��tti�.a: '` . '? . . , , ��� �''�°�;lj'ii'6' � i���''���.' ,' r', '' . �.: . . � . • ' . . ' � �'_ 'r�;�`; �'- '.:;; ��. ;. ;.: ,, . . . . � , ;:,,,�.�,'�..'•�s�: �::`�s., •�, , . , . � _� ' • : � �i;:;: :_''`' ;i�!;.;5"V - , ,�,;.�,•;;.�s;�,.��,;������� �y• , . . ��t�i�.`.�;�`�t��`,�„�'�. i , .. .. .' f � a ���'l��F ��r���' � {{i'%'. . �e . � �;, .�i ,'s °3�F::��::.�`:^"•y.�..�i1 ' . ,. 5 �a .'M'v�.�A`��[,�. � ' , { � }� ;4};a�,.:.f . . , . , : ,.,�n�,'r i'r3'- . ; . ,. �. . ,�, :;'.y, .f� . . .. :�' ,. � .���;t'f�.ti=s�>s . , :. ...i t �r��' �s . � . � ' c�' ',:;�wt.��/.�^..ty,�t����.�,�,�<w`y • " `�' �°'��y�,;,q. ,; °•:4 �'',A:l.�.� r�. � ��� � �: �. 'A� Sh • ' ''• ,' �t°� - �;`��.' ��: :`� P.7' ..\.� ` : #: ; � . . : .�.=r'c��-F1 P�..k. r ' . . � � ' + . • . • � � ` �,�'� '^ a ' ''r. F .1II7RII���.di+t...w,..w.....us..�..��ne......i.�.�... `......-..-. w...., •n._..r,... « r... ...�.;:*..,.���,.............�... .. .nau,x.w .j;�ti'_ . . lF� �i•',. .. �°� � :'3�°�Fya�.�.t,l� '�'� � . � . ,' 1 ��i' "'''' ��! :�' �:`.�• P T . t.�j'' „�?11.i;i �.�,��?' 'i' r•�'� � . 't. ":C. , _ : ,'. • 1 . ;.s: ~��+';:E 'i�' ��il.•���;��€ S•� -."i�, ��e ;�t:as"r`:f;F; � .`t• , -�', , •,��:"3'.� �..%>M�'.'>s�' `i. �f � :i�;��,�'; :�j��'`' �`M : ': fn 3�:; 1.�: 'S.%�^.S � ...� F. .k. •.:S,c.�. .w .. . . . � � y. .�.i✓.� �. 5.� ,F� , ' ��:�,: ;�...:•. . . . . . � f. , .�, . , . . . ,'r�`, ,`"` �"`��;'..�:�:� r;';�;�� ;,;i'' :'�•',; .' 3. In the event oi a redem�tion ar any other similar tra��- ��„` �;'� �����t r� m:`. �;; ; ac�ion resulting in re�irement of al.l Bonda outs�an g .1 •�... 6 f.�y.F:..+(��� �.1��� : ;� i,;� ��i;"`�'-:+'%�; r�'�"', , � d�n >.o�.,;:.. 'fi'.=:.� �r .i . ..: ,• �;:�..�_;t����,i:;;��;�: �e: -:,� �:�:; -:� or a reduction in aggregat� principal amaunt af Band3 �1 � ;w:'�t�,-�,.�,�r�,TY��.i•.���Y'� �I �+.4;' .:� outstat�dir►q ("full ar paxtial redemptian") or an adv�,n�e . r�^t�,:k�..>..< _, . ���`r f�� :;-"'���: �=: �'�'��� ��� refundin of all or ar aP � e o Yrf*' i. � t- Yz;t ri ;,: �, .-;,-: g p t h B nds outstanding, the '.} E,f;�t �,t�;��;�:':4,�t ?i, �:;�:;, ��i, :�,' �ssuer or Agen� sha�l give DTC na�ice of such even� not r �^ �'�;�';°�j'r�',��1t�� JF'+,��'1 �ess �han 30 days nox mare tha� 60 days prior to the `'•���;:.iZ�i;� �d2;0�•'�-;:�'.:3, i�i.'- .t ;, ��';��F�•�µ�uk��3r;,,,�;�:;�;�T;��;��.��•:;. � redemption da�e ox, in �he case of an advance refund�ng, �;�r,;;;:�:;,�;�;.�;"FN��}7,w -3:;�': '`'" ._; � �he date �he proceec3s are deposited in escxow. ' s, ,'�j�.:F. � �.��aP�l:.'' :.1�. '. �,�x�h,''��'r'�.�+,'t, !,}:;y _.i �-+?:�,`�."•,`;`�`;":''""''3;�'= 4. �n �he evee�t of a paztia� r�demption or an advanre r �� }y..,.. ,, , :: L"�F �"�t�'' 6�; ���'� �� �" refunda.ng af part a� the Bands outstanding; the zssuer ;' � ;.•=JR�.�='• :•,�''�% ''!'' t �:. . ;�°.'�'�" � '�.'�,>,�a�'�' #c'1� °•t~?'ie _�r'�^�: ..=�i��:� :-�- :-�' �°���' ��� or A ent shall send DTC a notic s eciE ' n � 1 th � 9 e P Y1 4• � � � amount �f th� redemptian or refunding; { 2) in �he ca�a of a rePunding, �he maturfty date(s) es�ablished under the refunding; and (3) the da�e such not�ce is to be mailed to Bondhalders or published {�'Publication Date"). Such notice shall be ssnt to �TC �y a secure mearis te.g. 1�aibZe facsimi�e transmission, register�d or cezti�iecl maiZ, overnigh� express deiivery) in a t�.mely mann�r designpd tc assure that suah notice is in DTC�s posses- sion no later �han �he cZose of business on the business day be�ore tihe Publxcation Date. The Ageht will farward such notice eittser in a separate secure transmission for each CC3SiP number or in a secure transmissian �ar mu�.ti- p�,e CUSiP numbexs whiah includes a manifes� or Zist of each CUSIP submit�ed in that transmission. (The zssuer or Agent sending such notice shall have a method to verify subsequently the use o� such means and tima].ines� of the natice.) The Pub�.iGation Date shal]. not be less than 30 days nar more th�ri GO day� prior to the redemp- tian date or, in the case of an advance re�unding, the date the proceeds are deposited in escrow. 5. z� the even� af an invi�ation tQ tendez �he Ba�ds, natice Co B�ndhalders by the Tssuer or Agent, specifying the terms of the �ender and the da�e such notice is to be mailed to Bondholders ar published ("Publication aate") shal]. be sent to llTC by a secure m�ans (e.g. ,�ecribZe �acsimiXe txansma.ssion, regis�ered ox certified �aail, ove�riight express d�livery) i.n a timely manne� designed to assure that such notice �.s in UTC's pnssession rso laLer than the close of Z}135111�55 an the business day before the Pub�.ioafiion Date. {The Fssuer or Agent sending such notice sha�]. have a method to verify subsequently the use af such means and timeliness of th� no�ics.} 6. All notiaes a�nd payment advice5 sent ta [?TC shal], cantain �he CUSIP number �f the Bonds. g--2 . � -- _ . ,. . . -� ., � � . � � � � ■ l � t ■ ��.� � � �.. �' ,, � � t ,_�M%•�'��,�,k'1�Y�ysp.•!�1(�ij'�fisV;^'.G�`:::�k��� :i.. ,��.,,.,,��. ., ;"r:�''�. ,r�.i�.`.. , 'i�:'S.A�'i,.... •`.r��Y±>'::.a}�:�..... , ;.g,.:-��� ,�:Y,e�,+'ffy^q���!�c;�!�ti�,G.,taa�,��.�. � ' '� ' '� � �,,i*� �'f r�3@, a �'. �` , . . ' � . , � `t ';� . HY�� ��� +%n! le7r �: .G 1: t �� � 5 ,' �i41:l...� ;� s.'_t`4 r ''i' 's � • ' r . , ' �; • f.7'��� '3. •' �ti• j� .�i. �p � liq,j '� .. .:� �Y� �: :, '- ' . i, � - • y�,.; ; � ;, ...,.a;' ,t . { 1, � � ���'�� >';�.i �!b, .,F!i� :���� �wt' l.,�. ;{A::E.. .•_ `�• z^ :t� .t.�.�.4., '' .'1e:4`t'•. a.�.'�., x` ,�ii � i`�` s� s.r..: I•• »i;.� .�F. 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' � .f r .a '¢� �}• . •,��.. t '•S � � F . • 'i 'l:^ � ;�i�c�.. .. . . �a� ,�. , '�+ ,� �' L ..;. ,.}} n :.'�' ' , . . . . `T� �.'"� �� f �i 1� . r'� `� , i � , �. �',. , � �. # �. , }.. � � �] .�° . . �a'� . Y "w . . • , . . . �s5• � . . . ��:;}S' �r'„ 'F' � i �1 . • `1F N� � { . ^•7. ,' 1} , r�}� t. y . . * i . }�j.� �F� �7 n . . . '�� •� . _ . . .i-� 7. ,� 1� . 4 9 3 " � y �5 4`Y'��S�Yx•�aS�P:�. ;� . '' . . j , . � i�.i.'�.i�.e7+ �'Y"fVijia�R�i'�y`�Irl ` . � � iF ���!•���6g� �s°�. - . . � . . . . ' . . . . � . ' � . . . .'.} ,_ ^� •.{��?`�;�1 �.t � a? 3'�,.� ., s �,r:�.��,���°: : ' �', � �, t Y i , ��. ;. ,.3 .x+ $� ` . . • s - n •'� t ��'� '��r,['..E i`� A,li�°�''"� �,- . ' y '!, , ' . ' . F. ' ' � .f.y�4,,:��.�7s..�s �.� �,y:�,fd��y::4�r�'a`��'�,,:s�� �, •� . - . . , . . . � , • :,�: � �",���;�:_`°��:�r, � '� C :���'I��:r:�1 �-� k; '.f.. � _ ' ..� ' � ' . '. ' . . . ,,,�'••(' {L'•�,,.5��3,4!(i"tYj��a`�� Yj • ��;yaY:F�'���:�jK?�{;�?��r°7r: �k: I�;i �i. . , , ' . . . . ' ` '''� ,[��',����}��.3;,�'�.l.��i�is�rj,�j���-+ � F,: •-„ w�ir��.yytf���i�5yk 1�il��y 4,.. , � . . ' � . . ' '. . ' . , , f•�� '1��.,� • ; ' 1 3' 'Si 'I,y g���� a }; �! 3;' �_i�:=:r;. (}��:p: ; �.''��..';;�':�. j : ' . , . , . �, , . , ' ' ;.: �,y,� `..; a` �,, ",_';' � � f,`' �' .j.# � �'�5�..$�.`l'� 7i", •:�' i�� • . . ... . � � . � � • `„i1!' �f'�,'j�:f^t5M5Li'` i` � °'��e �yi� .. t,,i .3 ��r.XW:."!� �• ' . �. � ' ' . � �t� :Yl ' .� •�'�• .�li�N'A •1 � I�,f :I• � J -' { s.� ,� ' ' � , � ' . � � r.p .. �i.k� s _'�.+, ''��+.�;!'�-':tf.;l:r�.. �� 4. ayo �� . ,... � '�. :�ni'.�;:E�i� �� "���'�. , ,;f( r'�li `�f !4i;�;7,�1 �:' llt�#ww.�wa�...���.--......-.......n•.r.w.�e .oYa.:X+ti.V.1'�MNa.)'Sti•.F+L+..Y�..f'.ti_1T..c.w r. � .�.r.�_�. , <. ..,�r�.n.�....>.....w..�a...�u...+aM.awJrw.� � ��� «�:.`;,�� A. � ', ' S'i� £ • .: , . • � * "�� �j�.: •.if w I �''�1'' 1 � � � :�e:t!'��;�''"e`'�„"•-�i:';'.t'�� `° • �.� � �,�� '��.,i-;rit_:k;TS: � t ..S^,, ; "r'.' y . j%'fc= �'�( .. ". { '`,l'.' y','� � • '; - .��rF��� xk'�i:fS'�::�:,£,�;Y,+ . . "Sy�' .ii.f;�4:'... .if }y If�:.� '�'j! t. �Y� �'lt,�4�:4;�ij�.:.��.�: ���e:l�r"• f. 2['l ;��w1F'i1�rr%ti.'�a�.l�..:,.:.� �'..'� : +lr� ���j:1�a"� �'tfAL��Rl_'.��.�15„ �,'ig,' `.f 'q '� ~`�� '��:,,`�,� •� 7 Nati es to DmC by �acsimile transmiss all 4 � ��rl. � s� ._� ;;���<,:�� , j. �:�r.. :;o: , . c ion sh b� ser►t ��?;`�Y"=;'���f`:"':•�;�'nY'�'��:;'h�.�.�.;'� to DTC's Call No�i�icatior� Department at (5i6) 227-4039 , .�'.�u�;U'a.�1-t:_;�;i,��:,��t°� � ���•�-�.�'���;�.:� �..�w�.�- `f;,.':�;:;r,�;:��. ar (516} 227-4190. Notices tio DTC by mail or any �ther �f� • f.° � � r•�,,.ht=•,, . .;i" ;?y� � ;.,=1�•r ; ,.1.> y�t`-�;�;..;s�+;n.�.�:<';{, t;,,�',t�..�`.'- means shall be sent to: � k` K h 1� �i � i�ji��- t#+y v�#,l�fi�. .. i,'y",; •;�{:,_ ;•�;, • � ;�.` 4', ?'s::�• .�a' �y� � ,:cr�,'� r 7�:: �ri:�; ',0�:7;'�;��T�'r , ;;� �:1�:���;s �1r -.-',`..jN.l - '� The Depository Tzust Company K��� ,�-�.�;���;�� ;��'.��; t=if ��.,.;•�,;�.K�; �:; Muni Reo�ganization Manager `� �f:�?1�;:��¢;=`'��r.==� �;;s<<"''��_:;_-:�: Call Notifiaa'tian Department � �'�z:..,�;3�,r'i�'#,. r, ,x.��'�`'�,,,'���s'� ` :� F�� �����.. �z,=,. ,s--�.�� 711 Stewart Avenue f � �-';t.�.�,�� ,�;,. t ,; .,1�i�� � , . ��, : t -�� ,`t �,�.+��:w��}- �'`�._;;. �'. '=ry� Garden City, New Yark 1.1530 t 1.�:.s��;�?'�:.�Z'���',"'.w:i ��.i�''f�. ° .a�^n'tp�. � ��}��'`' 8. Interest payments sha11 be r.eceived by CEDE & Co, , as , Y 5'i�. "f. �1 •.r� i��i� , nom�.nee of DTC, ar its registered assigns in next day ..:,t,�'`.. funds on each payment date (or the equivalent 3n �,�'�~��.;y' �. ;}�,� accardance with exi.sting arrangements between the Issuer rrys�,;:�;c ar Agent and DTC) . Such payments shali be made payable ��� "'" � to t.h� order o� "CEDE & CO . " ;, :r:: ; } � ��ti �`..';.f, . ; 9. Pa�-�nents af principal sha�]. be received by CEDF� & CD. , as nominee oE DTC, or its reqas�ered assigns in next day �� Eunds on each payment date. Princ�.pal pa�►n�ents shal� ' be made payable to �he erder of "C�D� & CO.," and shall ; be addressed as follows: � � The Depository Trust Company Muni Rec3etnpti.on pepartment 55 Water Street - 50th Flo�r New Yoxk, New Yark �.Q041 Attention: Collectian Supervisor 10, DTC may direct the Issuer or Agent to use any ather teiephone �umhe� for �'acsimile tiransmission, address, or departYnent of DTC as the number, address or department to whiah payments of interest ox pr�.nci.pa]. ax• noticas may be sent. l�. In the event of a redemptian, aaceleration or any other similar transaction (e.g., tenders made and accepted in response to the Issuer's or Agent's invita�ian} necessi- tatinq a reduat�.o� in aggregate principal amot�n� o� Honds outstanding Qr an advance xe�unding of part o� the Bonds outstandi�g, DTC, in i.ts discre�ion, (a) may reqve�t the Agent to issue and authenticat� a new Bond certificate or (b) shaZ1 make an aPpropri.ate notation on the Bond certificate indiaat,ing the date and amoun�s o� such reduction in principal except in the case of fit�al maturi�y, in which case th� certiticate must be presented to the Agen� psfor to payment. 12. Tn tt!� even� the Tssuez determin�s pursuant �o �he �Dacument that beneficial owners o€ the Bonds shall be able to obtain cer�ificat�d Bands, the Issuer ar Agent B-3 , , � E ��� : �/�� ��� t,F V,,., ,�• � �� �'�.' 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' - . „R�p'I",f:;�. •.kL'�.'.:7 i', ��. °l . � F� . ' � ' . . . '. i•?•• � -' , • e•' ',•,:,{�.:• ` . � .,� r ; . . � , ' , , . ' . ,. i i �; ,: ':: ,! ;. ,f� � f,T; ;'S� ��tu+—:_.....a«......«...-...�,._....«...��_., ... � � � ,«,.».,. .. ' , ' � . ,'_',' ,'t�;aJ'?.}'��:'i��t �hj�,l,',}'sr � .' 1} ,f r. .o.....� . � . .w.. «.,.... � .... .. � .,.... . , . ....e. ...., . , .. ..� .> .. � . ..........� � j��p�,�; ..{�' !li� `5'i,��a:���..;.•����It'� ����. i!' C��� 1 i�'��: ��� i; r: G,. '1�t�<w�x, Y1�-;.:I:," � �����Y i�}i" �.�.v i,%,: "�. 's�;�.�:�.;;�`�'� ''� shall notif DTC of �he ava�labi3.zt o� Bond certiff- ,� ,.�_.:�.�•_.:} ,;;f;,r�..�; i .'° Y Y =�.��.�,,�,�::; ;y .�.,,:_ cates, and sha17. issue, transf�r and exchange Bond .,-ti ., `` i' �'�r�r;'`•�.=:�.�' �' = cer�ificates in a ,. Y�,��.�� �,,,..:,,,,_, ppropriate amounts as requized hy DTC �F��s •�,z� �� �. and others. ':'yn 'y�n;C r:�'p%j �, ,` �. � _ . i � h.'t p .. _ . _' - '. . i � 13. DTC may determin� to discanti.nue oroviding its service as securities depositoxy with respect ta '�he Bonds at any time by givinq reaso�able natice �a �he Tssue�.• or Agent (a� which time DTC wi1�. confirm with the �ssuer ar Agent . the aggregate princ3pa]. amount of the Bonds outstanding) and d�,scharginq its responsibilitias with respect th�reto urider applicable law. Under such circums�a�ces, whenever DTC requests the Issner and the Agent to do so, �he Agent ar�d th� Issuer wiil cooperate with DTC in �ak�r�g appro- priate actian to make available ons or more separate certificates evidencit�g the Bonds to any DTC Partic3.pant having Bonds credi�ed ta its DTC accoun�. ].4. Nothing herein shall be deemed to requir� the Agent to advance Eunds on behaiF of the issuer. Approved as to farm and legality: C ty At�orney ReceiVed and Accepted: THE DEPOSiTORX TRUST COMFANY BY: Authorized Oi�iaer cc: Underwriter T .,._ . �� .. . .; _. _--_ -- •--- . � • , , �i , � Very truly yours, FIRST UNI�N NATiONAL BANK OF FLORIDA By: CITY OF CLEARWAT�R, FLOR�DA By: Mayor ATTEST• Clerk B-� r• r .�. • - ..-�,,... � . • r 1 3 � i � F� � � �� a �, E � i � � � � 0 � � �. � � :,�,..::�•t I'r..S��.���.'�� " _' . • ��`� I�. � .'t�. . � . i . 't' r.... � .'� . � s,�h �r,'. .. as: .^'„ ,:2,�'�,:'ij�1.��`�`:',S�+YS'�aa� "i'" �1`. �� .,� �.^..�.r . .' .. ,,�� 's3's 4'3 't'^ }i�? �r:•is�'ff�,�'.{„�:;,4:: ' ..i� • �.; .i . . 1i ' , ,i, ';5' :v`��,,[,�,���� +yr� Y .�r3�'},,. �e' 3;' ' ' i ,y : .i: :i. . : ' .r. •' i',:•... , .i ' � r . 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's' . � '�%�fi80�f100 . � �.,;� .;z� ;�.� ;.;'' .� . � CITY OF CLSARWATSR, FL4RIDA '�', ',°. : - � �� � � . � , � Cas Systcm Reveaue Baods, Series 1991 'r` -.r, �, I ' S;'�; � D�ate+� 5e�tember 1 1991 :., `,'' '. �- •,, ' r` � t:.� , D� Sept,embcr Y, Cas s�a�vn beb�v) `:�;: `'�� �;'�;T���;: .':; <;�� � - � .� ':'�; The .Clty Q� Clearwater, Flortda (the "City") is i�:ing �7,680,U00 Cas System .�'`�' �`'^. ��';�' '" �,� ;`��` Revenue Bonds, Serles 1991 (the "1991 Boads"} (ij to pmvide the ltwds necessary to .��'� `��� , f- advance refund the City's outstandtng Gas Sy3tem Revenue Honds, Series l983 (the "1983 '_.:�=• '� :�r':i' " �_'� Bonds") and (il) tq paq cert�In costs of L�aace ot the 1991 Bonds. Certain of the net ~>.�� J,� :r;J,.•�;1 ''='�;`,'.�, ;�.`�;';'.;r,.'��:. `�,;�� �.�• ;;;,-;��-': proceeds #saon the 199i Bonds w�ll be used to purct�ase Federal Securltles. the princtpal .. i �.,.1� �"':�' `�.. ..' ��'a �. �•'1��:�:�,• ;�°�:._�<��:°� o? and lnterest an which, when due, wtll be used to pay priaclpa�, [�terest and any :_��:-_ �-�'':3.::'y`-'�`-'���"+,�� redemptionpremIumsonthe 1983Bands. See"Purposeolthe 1991 Sonds." .,�.��5'�..'�.1A' :.', ;'J�51'�'�.,'f';.5;:�� ,c� .���`. �.'.,,°; ;,,�•.' ,. . 'I't�e 1991 Hond� wlll i�e 3.ssued under aud purbvant to Chepter 16fi Ftorida Statutes ,4 i..` ` t ��' .5' J, . � J. k � 1 `� ���` �•;; '��,;.::. .;, as amended and other a�pllcable provLstons oi Law, and Qrdinance No. 51l8-9I etiacted by �'r' �• ;;�: -: ;r:; � the City Commfssion on August 15, 1991 � as supplemented (the "Ordinsnce"?. ; �..s '. .Ii�'. i��- �"� � �a...:,r,�•^; ..�;7. � �y.;r:.=,,'S`f,'�}'}t' '+;:` '"F`;':'':.�...,. �f� , z'° ='°:�.:; :�; :�_,�•' �:, : i�:�.�.�:.�`f�,' The 1991 Bonds are secured by a Arior !!en aad pledge a[ cet�taLa revenues derived '�'t. .�1;'.,� , .� .. . �4'.� :., : �-r�:�°� `��� 3�.��}�"� °� �� ��� by the Clty iram the o�eraClon nf its gas sy�tem (the "System"}� moaies and investme�k5 �: ' ;� .i:•.,; '1 — �,�� �y i7:.. . �<E`•. :'•,: :�,�, �� �' �:t t�, deposited in certatn funds arid accaunts esLablLshed by the Ordt�ace and earning�s ' ''`.,;;'�;' ;;,� �:.;� `�'.�`�!i' :� .';� t�18ie'OR. �1 ,- _;=; : ,,;,,,".�.,y;�^;•,;�., .' ; _51,.' L _ �.i, . :,,e:',,. ,';,,- �;�° ��.i�, The �991 Boncis will be iss�aed as registered bonds wtthout ooupons and wiIl be '� •;''.��=,'w•;;; ::.�!.;; ���'��;.?� '�.,:��= lnftialIy registcred o�ly in the name ot The DePor,ttory Tnsst CompanY. New Yorls� New •�' �`:``� �;�;' �rG;�`�>+ 'rj>'�- Yor� C'DTC") or its aominee which wlll act as securitles depasitory for the [991 Bonds. �",, `: s j.= � �, , � �. '-•1:=:: ; � • The Z 991 Honds w 1 � � .' "r :� ��� �.. . Il be Sv8ll,�ble t0 urcl�ase in i :��.Y, �•a!;.;`=�.;:� '_;<'_- ;�"-':.�; ;:�i,'� p rs denominat ons of a5,fl00 or any lntegral t=;��'rf.�:�a`,;.;�:��� �;��:��;E �_�;°::�'�.°'r�,� multiple thereaf. '�'he ISS1 Soads ar� anail�abte qniy under the book-e�try system ;',-;::,i;r�tt�,,� �` i f.r>,:.�F>�'�?y.;,; r�" ��`i�;' m8fntalned b DTC tttrou h br k •4, , f;� '� ;; y g o ers and deslers who are, or act through, DTC i°,��`}; ��i�-"�� ;�i��;��'�: r�!°,�;`f;=, �'�' partici�ants. Interest an Lhe 1991 Hoads will be gayable semi-annua!!Y b�ginnlnB on f�� ti. ,�,.. ,:r'-"�<.:�� r, ,,.:; f�•'r �; r� .�:'.� :',.;:' March 1 1992 an an `y, =4: ��,,��.,,��`,�; .F�«�; ,�t;��°;u:°•,�:: , , d each March 1 a�d Septemb�r i� r r'R�,y�'pk'�-�3��?��,?�t�� ,`F.�..?v.�y�':SC'S,�N-: ,, 4L1� �t��� F -.'F'�t:i ,ri �� �.' ��wti_„}' F ��i:,:S'•.•� �`y a7,C:l� �'�• ,y, • . =;a,��� ��+�.,�� ���=�,�;..4s•�'=��Y,�;�� �' �' The 1991 Honds will t�e sub ect to re�emf�tion rior to maturit as mare #ully � � �*' f i �� �' S� � . , ��:�;�ri. � Y � y ��r �`�t��?4��� o������",�„�,.{�:r�;� �;,;,`; ��� descrlbed herein �der the c.�ption "The 1991 Haads." The payiaent of the princi�al of and lnterest on the 1991 F�nds when dua will be irisured by t� muuiclpal bond insur�nce pollcy ta be lssued by AMHAC Indemnity Corporatian simultm�eatsiy wlth the delivery afi the 1991 Bonds. {INSERT AMBAC L�CO HERE) Tts� 1891 Bmd� rill aot a�ostitute a debt a[ tIm Clty nr a pl�e�z a[ th� �alth and credit d tbe CLt� wfthfn t�e mcamir� a� �ny aa�m�titntlmai Wr stata#�xy provisloass oc llmltat3a�t �md ti�c t�m�oe ad tLe 19g1 Ha�dR erili aot d�y ar l�cifrGCtlp oc omtingr.atiy ebli�te tbe Cltg bo pl�d$e any ed �alc�ct� tn� whatavcr tt�esdcc aad tt� hol�ens d t� 1991 Hm� wllt Lm►� ao reo�� to t� pnwet at �d �alar�m tamt�. 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'jf ; 'i.,'-�1.,+ .'il�-..; ; : ;f �j ' � r , . h , , s� �4-,.�:•':5',,.n�qa'�!�"`1 .. . , � � �'S�;.a,�:�..r-�S,l.['; t'i':}, �'°e°�� .r,, ;E, .,. t. =F,.��,, �,�' . � ° �', _ ��4,'�;�;�':h ���_�':;��t���h, j��;` .F ���' In the aginsoa ai &>nd Co�nsel, assuming cantinuing compiisnce by rhe City wlth a .; . :� : �.,:::; '-:�;;;_:��:����, �� ������° ','.'� ,`� :�.�:.. various covenants in the Ord1naunce, ander ealstln� statutes, regu1ations and JudlciaE '„'.�;.�, '' j,�,�`::r� .�,�`.� �z' `�' ���'�, decisfons. tho interest on the 1991 Bonds wiIl be excluded iram gross tncom�e for Federal � `'`�'�':i.%�F 4,;j'rr'�;' .: ��� �''��'r a�.� ", '� Lncome taac gc�rposes a! the holders thereaf. Ttie 1991 �onds are, under eaisting laws and ., rJ' :•F�:. ''•�'•�`r °:- � :..�•� s �:5; �_.���=r-,�~.;=`'� �� �, regvlations, a15o e�cempt irom intangible taxes lmposed purs�ant to Chapter 139, �'lortcla � ``��,�' �`��-y� �:°��'^` �- ��� �•'�' "` ` Statutes. 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';�'.',��..r,.-^8.,, �a;� �,_�,,� ;J;.� �r•. i -�t.�:°s; ��`'',sf;,_,�;�'���,�: ,`:� ;-�y�'�`�:'`r,•�e?`,;� ,�. •-?;..=:� i;,. ,;:,�:: ', :_�ky:�� f; �"•'� �.it.'�h��';'J;� �.� ���� =":fi��� LL, :}_'x_.�i1: }��r"�tl'f �;r�:j''=e�'•'�r?�l� t�a��'r"�''«:�..!.�;: `� i:::,r :' {, i!,/:.f�:rI��T3.�Sss�ry.lf • : �V r .�k��i4a [•iV���'.yj'. ��r"•,:�'�' f��=°�;r�riir;��'�` .,�: , ����?c'r,`,:•.J.;' ;» �y y..; i .:;.,- k }r� ''��i�c'� ti��r ;�x tx�-�`.�'..l��.Y �`�'c';y� .�riJ ��'+y;4 '.: �' �; .i,' y.��;r , *;,�, " ��•,, ; -s, .. �' .''i . .,; 'f 4i� c5�= " xe.. v;:.}1''�;i �,'��:.�.:r ..� Sr� �5 tv'�•, }"�S'f"=,.d :�� �..':� 3.��� � 4ch�' 4. �^, e. �• s%�. k fr. 4�° 4 h �.p 1 i� �:�ti� lr��K``'� ��"'r�. �' f"�1�`F :.}�, ;`�VS• :�'r��4:�� ✓. ' `'�'?5�„'F�}'�i+F4 .i��� �i �`r. �"�+ s t�.^: yr �y' Jk � s�r7.�'�;xl4t� [E„7n� `%4�:�':�'`A, � i�t^f'e:�i7W�+,,.�'X1. 1y j �`}+:�tr`�`±�W^� :2�� iL� ..:F:1!S,'_S� t� L",F�t�it t�S t..... AMOLJN'I5y MAT[J�t17'!�, RATi�S AND P�ICF$ OR YIELD6 Pric� ar Price or . Amovnt Maturi Rate Yletd Amaunt Ma_ turit3r Rate Yie�d 15D,Oq0 1995 5.6DD 1QU.00Q 240,Q00 t99& 5.750 100A00 255�OQ0 I997 5.80A 99.50� 27R�On0 I998 5.900 99.435 285�000 1999 fi.00U 99.374 3�O,f1Q� 200Q s2fl,oao 2401 sao,000 �oa2 360,OQ0 2003 ss�,000 2ooa 6.100 99.317 s.zoo ss.2ss 6.3Q0 9�3.218 G.4Q0 99.175 6.500 99.135 S�'�,3?5,000 B.S�O� Term Baodi dae September 1, 2lDO8, i'r�ae 96�912; �,�,000 s.�x T�m a� afle s�te� i, �oi�, � s�.sosx {phe� Acciaed Interestl The 1881 Bo�ds are �fiered wf�en, as and i! fssued and received by the Underwriter, and subject to the opinIon as to the tegality oi the 199i Hand& by Bryant, Miller and OZive� P.A., Tallahassee, Flortd8, �ond Caun5el. Cectain iegal matters wUl i� passed upon iar tt�e CSty by M.A. Galbralth, Jr., Esquire, Clty Attorney. CerCaln legaf matters will be passed upon far the Uadernrritee by Laws�on, McWhirter, Graudott 8c Reeves, F.A., Tampa� Florlda� Counsel to the Uaderwr�ter. It is e�cpected that the 1991 Bo�tds in book- eniry iorm wll� be avall,able for deUnery In New York. New Yark, on or about September a,��ss�. 5'�arri� �an�re�r, x�Rt�s uPHat�s a� co., II�ICQRPORAT�D The date a! thL Oif3clal Statement is August 15. 199I �HD/ Clearwater/910815 -F �� �.1 . i I ; \ (�-�' � �� : 1 a� f� . { i � , '.. ! �' 1 �, . �S �,J � i i�� 5 ♦� 4. �.y �. J � , F ",� �, � ;SA� L i �� ..ir N ' r: �. .' i i �.�i ? �`4 �� � 14 .�4 � , ,v '.'{ r i ... . , . . . . . � . . T----- »i .:� ���tk i r"'y+,�s�Af •M �y�`� !� s � . . . �"�! x �a.�. �,rl '!"'��'N� .���� 7 N' N [ p. .*�:�1R""_.. .r�y�,. ;v'�. . .- r � . � � ' � . • • � ��', "x'-�. S r�„' ��• , . ��: . '# ;. ~��,' '.r �#, i�:,, r`�"i�lhrn�ii�.i's�� V . , ' . � . ' i ' ;Y . .. ' , � y�.i� �.,.Sritat,��,'.,�� j♦ • ��5�s}S•��.tc �`+.y 'y�..'fr��S��r l. 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'i - ��t�: �,'ti,� -r�F'? .`F��3 e� �,� : ,,�� +� r+'�.. - �;Ci � :`:,' ��:,:� ;`,•' ': .:•,r•..:�.= ' � ' :.iv�5'�� �'S `;�.'�j5 �.:.:'� , ;r.. �'�rr.,�z'it2 .�'7!'� � `::��'i•��j::ri;.ii.. �; ,.i;: •i�. ! : C.�R�,":.''. :•3 '�r ,, :. . ;c° : :'.e%-'F.; ry .,s»}` "t`r,'.•:'�.5,. , y:;; .�1;'r• ,,.;.�j,.�.�.r' �. :{��3.,:�.�'' : .. 1 .,.5 �i`''.,' ,: ^y� : , , ..�<<;. ' rF: .^. �R �,.+s V;,.�;'�. '•r� � :;,:� � : s:.� �-`nl ..: •> �� , r 1� iZ; • �,` .}�' a. � `�. �,l �t r ., �•. ;„', �, , r: :; : t „ . - �•..iF.' �:� , �si:fi' . . ., �.,!.. 'y!;,r,�s •i."'i;'-.:`=���`r;r r�c':� .' "�,:'r;',�e;;.�`,.� y�l�. �1 ^ � 5 ti's::a: c:S'jf:.e � p.j r,.�,.�`, f' �. �.: '�f�`:. .�G' �;^ '=�� � �_,?'� :`�:�i�•,',�,� ��s",:.,` �.:�.:::;. �r�f� �.h,.FA �j�. ..,.i4,.»: �:t .i_:.:y��'.;,'''^A�1�:� .: +iy , r,�•� lji���: .'..y�l �' .•l'��.�.�.i': ! ' t,a. �, :iirtsi•:�''7�'x.;; :,�_,�� `�;� ',i�;.:; �.�"",� ;i.���:r„>....:,�:, ��•..�� �= :�-ra._�5.s��a;:1'���j.s,;�..:_,t,. . ��:.L .Ftiv.;i�r �1 �.1.'� t.�ii" ;'1'". �:, i�, �...fjtr,{ e: t �;,s•.�.,���_ . :.1� .�AEi'.y YSy1:l� �.F�:�.�1�.���''Si��. 4;': "����5`'Yt!f4��'°-Ft=i��l;. i�3�;,it;�,�'. ��;<«< ��:";: .� ;-.:�f. �� �: . . . _ Y_f'`11`.`:,t.4' _ �f; :r'� ;:�;. :,; �, ;.�:�' ;�' � a =� � � ��� �; ' }`,t�;� .``�.hrL � t`,, �Sj,� ��,��.,:;;..;�,. s?f��� �i'����"��+'t}; ��t'+F.oy��[_ •�� 1 r lVo dealer, broker, salesman or ather person has t�en authorized to make any represeatations, other than as contalned !n the Olffcial Stat�ment� ancf, If given or mads� such other in[armatian or represenCat[ons must not be relled upan. 'Chis Offlcial St.�temenC does not constitute an offer to sell or the solicttation of ari o#ier to buy� ttor sitaLl there be any sale of the 1991 Sands by any persoa In any juurLsrilct[on in which it is unlawiul far such person to u�ake such offer, soilcltatioa or sale. The information contatned in th€s Officlsl SYatement has been obtai�ned irom publ�c documents, records and ott�er sources considered to be reiiable and, whlle not guaranteed ss to campleteness or accuracy, fs beileved to be correct. Any statements ia thLs Olflclal Statement lnvalv�g estssnate5� assufnptioas and matters of npin4on wS�eti�er nr not so expressly stated, are Intended as such and aot as represeatations oi lact. aad the Ctty eapressly m.akes no represeatatlons that such est[mates� assumptions end opi�ians will be rea�izecl or tulttlIcd. No lnformation, esttmates, assumpttous and matters of opinion contalned !n this Offlcial Statement, or sny sale made hereunder, shall under �y cfrcumstances, create any Implicatlon thaL there has been no cha.nge in the affalrs o! the Clty since the date hereo#. IN CONNECTION WITH THE OFFERING, THE UNDERWRITER MAY OVERALLOT QR �FFECT TRANSACTIONS THAT STABILIZE OR MAINTAIN THE MARKET PRICE OF SUCH 189I HOND5 AT A LEVEL AHOVE THAT WHICH MIGKT OTH&RWLS� PREVAIL iN 'FHE OPEI3 MARKET. SUCH SiAH�LIZlIVG, IF C�MMEIVCED, MAY HE DISCONTINUED AT ANY TIME. 4R1i+K. � �AIY�.�I� PBge 5ummary Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iv Iritroduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Authorlty ior Issuxnce . . . . . . . . . . . . . ... . . . . , . . . . . , . . . . . . . . . . . . . . . 1 Purpase of tne 199i Bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 The Refu�tciing Pl�n . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Varl�icatfan ot ArlChmeticai Computattons . . . . . . . . . . . . . . . . . . . . . . . .2 The 1991 Bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Book-Entry-Only-System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 �+� Ttedemptto�n Provislans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 C!["�.'�iil�%. • • . • • • . • r • . • • � s • • • • a • • s • • • a � ♦ . • • • • • • • • • • . r • • • • . a • r • • 6q MunIcipalBondLnst,trance ••••�•••••a�•••••••�� •••• ••.• ••s ••• r•••r! Psyment Pur�t ta Niuntclpal Sond Irtsurance Pollcy . . . . . . . . . . . . . . . . 7 AMBACIndemnity Corporatton . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Ttte City of ClearwaCer and Plueilas County . . . . . . . . . . . . . . . . . . . . . . . . . . IO The System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . � . . . . . i 1 Physic.ai Des�r�ptf� . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 i Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 GasSupQ3y ..............................................12 Aates, Fccs �nd Charges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 S�errlce Area . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Intetnal LO�an . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 CQnsultfttnt"s Reaommendatia� . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Comgarative Financlal Statetuent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I6 Debt Setvice Amortlx.attan Sch�d�le , . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Coverage of Maximum D�bt Secvice by lVet Rev�n�es . . . . . . . . . . . . . . . . . . . !8 Sources and Uses af Funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . �8 Flaw af Fwnds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 CMT�L�[Ji{W � • • f • • � • • � • � l • • l • • • • l • • ♦ ♦ ♦ • • ♦ • • 1 • � • • • • � • ! \ i • � • • � • • �i� t -i- � , �jt��� �,z�,�+��' �� }�r _ �; a � � � ���� �F � r:.:.` . K+I�MkI . �z ....�. y �� ' i � s �,.t <-, ' S�.s �� i c �s. �' � � ��, y i 11� 1 ;; ��� ���� '^ y''� tS:s � , �, ��w�' � d � .� ��w�►•�rY(;'Snqe�,�;f, �r•'i'�•�:,.•�=�•j�Y•�5�•'..': ��l1�. ^'7": l�Y:� . i �I• �. IY��S''��� .�g.... �nu!}r�.k�.7fi.ti�a>t...,�..L�...e��r�,J�;::���+`:'���� L' . .. � .. . . . • ¢ ' i.L:'7`� °'k �fi. �i. ��y' � .r �f. . ''f; ' ^ „�' t :i�. � ., ��,,.. ��,_� �,V ��� � Y '1..' .l:!. 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Aukhorizati n of '�' �, �;.� g. �,�.`��� -4�� �k•.±:���,{. ` o and CertLitcatian ° � t'`�� ;�.�,-� �.;,��y �?�� �`�S�'��.�`���"�t��r.` Concerning Ofllc�al Statement . . w't S} �..17i't�.i'� al j,3��t'j'y` 1y�.f.rt��j • • • • • • s • . • a • . • • • • • • . • • • • . • • a . • • • �_._ s.�a,,.: 1 r, 28 _ APPENDIX A- Excerpts irom the City's Comgrehenstve Anmual FlnancIal Reports and related expSaaatory aote APPENDrX �- Ordfnaace No. 51 i�-9i, as ameaded APPENDIX C- Farm of Mwitcipal Hond I�surance Pollcy APPENDIX D- Form of Hond Caunsel Qp[nip� ;t . ��•� , i , � .� � , � ' ' -li- � � � .. �� , S � � , . ... ..-. ...». �... 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' � � ` � � . • �.1 ,r ; 1i+'= i. �5�� '", `�i '1f; � , . . ' , � � ' . .S.'I`�+F ��, •3 �'.1 � � " ' ' ' ' . � � ' �• . xD��. � .3�. � Ya�:��' . . . � ., c1 .il�t' " • . ' , �,� ., . . � , ' ' . , .''�I.��!f�,`Sii�t � � . �F{'..�. � � � � ' � , i , . �°. : ; �� '� . � . ! , � ` , .` . . t' ... :3..�or . " ;. � � ; � ' ' . ' ' . . , .. _, , . ' . ; .. �.'� �t - . . _ . ' . ' , , " ,i .�� . � • ' �r.� -... _ �i'5,�,..�y I � � . 5,� . � .wSiaLSSa.r:]c. ✓.v ,.«��r i"ii.[...�..__��...�.._.... .a ...,.. � . ....r� . . . ... .. . . .. .... . . r . . ...... .._. .....v •.r...+.ww......u...r..i+.O4fra••wr��.AYit , ,� , �'�r` , .. . . ,t,:���d; �1 r,�: �, � [ ' , � ' �` � �'� . �. '�:,'�Y�1y�f'' ' � �� ' � . � ' �'� �! IM1�.����:,5' � _ , .�.y., � 1a�i�iu��� �� � � j � �t( �����t . S ',i [ . • ��,� v �I:Z� F '��� • ' { �,i "1�: .'! � 4 ' �Slw}� j��l , . . . .,y �S .•°Lh�" y{���•��� i��,{s;� � � 1 ' �.,, ,�' ... . .'.��'k`i.'il�4f-.,'rj'h�.i.c�.�..:.• , �. . .I , , � ' ' ,.�;" �s^i�`'".s�i�{`Z,� _ '-f � � , , . �' ''.': 4.�Fr �....,-t.,:i:3.'3.SlCi�'.i. - ',.�';�,`' �;:� :F , , � : � SUMMARY S`TATEMHV'I' � � ,�' '� �',�'� :_� ��•��i,'�:; ' This SUtamt�u'y Statement is subject in a1l respects to more compi�te in#ortnat[on � e ��� `�� ''' s�nd Lo the ddtnitions contained or lncorporated ln tliis Otilcial Statemeat. The atler[ng .-�:'.;'.., °�_�,..... , •:�','•� ,,� ;.�~.� .�: �.� ',:.' .' E of the Z991 Honcts to poteatlat in�estors ls made aaly by means of tt�is eatlre �fflcisl • ; .� ��� �� .� �.' . ���, Statement. No person is suthorized 1ta detach th�s Summary StaC�meat from the Oflicial .. �-:' •���'` °�� °. �� State�nent ar otherwLse to use ik without t.his entire Qfticfal State=acnt. �.,:�� ���, . .�;- ' i Purpa�e d tl�e 199� B�r�u. The 1991 Bonds are being Issued fI} to provide f�nds far - z , ,.: �, � . ,. ":`.:, :�. ,' Y�y�s ': the advance relunding a! the Clty's outstarrdin.g Gas System Revenue Bands, 5er�es 19g3 f , ,� '.S•.�.4'i. r�.�l ' ' y '.E::,�:-:}`,:''�'; ���. ,�:�.. � ' , j fn the orlglnal principal amount of �7,100�000, of which E6,710,fl00 ir� principal awatsnt is .� °',;.'� ���;. ., ' currently outstaading, and {i3) �o pay certala c�osts of Ls�uance of the l991 Bonds. . ; '• � . ••. ���r�;;: �.� j�j�,�.'•.��;,-.'yE :,:''"�,:'°. ;'.�:', � S�carity !ar the I9Sl Hao�r. The paymeat a! the princ[pal af and the interest an ��', ���'�; ".�"�°�� ��'"i � . the 18�1 Honds Ls secwred eq[eally aad ratably by �n Irrevacabl� llen on the Net Revenues ,n` ;'_,- `"` �: ��. ��'�:',�. �• �- `.t �. oi the System priar a�d svperior to ail other lleas ar encumbr$nces on the Net �.._:-+..:;.,,•.>... ... : . ;,,..:-, • ...� �;. ,., �.•..,`_'` �:';;;'�;,�,;;,-,,`°� �`. � Revenues. The Net Revenves ate the Gross Revenues of the 5ystem, less Costs of ��"' ' � � � ��� � � � � t° �,; � • � '� `� Operatlan aad Matatenance. Gross Revenues Laclude all maney recedved irom rates� •'•Y,F,Y�''S S;,w � ,���� `� ��' � � � fees, rentals or othert ci�rges ar income derived fmm the lrtve5tment a2 ittnd�, unle�.s ,�`?t'.,,, ;`'�' .•;,'9, "}•s �;;Y� ;:�;; : otherwIse provided in the Ordinance, by Lhe City �or scerutng ta it ia the a�eratioa at the :, .�::�;:�,�;. :. , ::�.: - . ' F�':• ;:':� :'`��;`��P:' °.�:�`�' ��'� . System. Tne Costs o! 4peratton ancf Maintenat►ce �! tht Sy�Cem include a[1 �urrent .; �. ,�' :°_��}�.,r �:�:`; -�.`�� .��°:: , eacpenses, paid or accruezf, tor the ogerat4on, maintenance and repaIr od a]I la�Illties ot �• °' . � �; '' :, .' . � :� �:'" �` ` ' � • the System* as calculated 1n accardance wirh snt�.nd acoount�g practice, aad iaclude -:,' „' :.�';�,i�::.;,�.s',�. �r`i,;� f without Iimlting the generaitty of the foregnl�S. Insurance gremiums. admiNstratfve '�i' ' ;,�a' '�..r.�'"r; y: _ r ':� :-<- `' �� ;�, �•: {`,,.;•�' expenses a! the Clty related salely to the System. labor, auts af materiaL� �ad supplles �'����`� '� �,`���' r r ti es for th a c�mulation u! a r4ate r�rv�s fvr `,'°,':',: .•�:; .., ,�,; used #a current o�e a os. and ct�rg e c pProQ ���,''�:` °F ,"`; `,` '�'`�: , current expenses not at�tually recurreflt but whEch ar� such gs �sy reasats�bly be �`��" � t '��''`• •�.•� . _>�;�„�;`'�,•.�.f :�.::���..; .; :�����::•..;,�.,�`.�� expected to be incutred I� accordacice with saund accot�nting practice, bnt exclud.[ng any `�•_ . 3; `; ' . � l , _ • 'eL}..: "�` i �,� � '�:.;. .� ':- .�.: .;,�,... .;�.r .:�:. rese�e for renewass or reglacemeats, ior extraor�5nary r�pa�rS or any allowance for �k=;���� ��:�`� '` `ry� �' :��j°:�;�.:�; �' depreciation. The 1991 Bonds are further se�ured by a prtor llea and pledge oa the L�'��: ' f•?:'�����: � -" man3es and t�vestments d�pc►�[ted in th� Funds and Acoaunts established by the �� �'"� �-�'� '� i;� '.�;�:��r:� ' Ordl�ncs except for mvnies and lavestments deposlted in the Operatian and i"; ;`� ��'} ;:'`;. t�`' :��� '' Maintenance Fund. ,;�,. .y;�:'rr�;:';�:; ;:�`,yt,,.,�,:�y::`-• ;• ;S;' �:.��'�"z�'�i.,t•�:y :.':t,:�i +�`-`'°''�,'?,`i' 1 � ; j' L'`y, C;'��r. : �b: 'r ;l•:_-.',.p.,., s; . . `` ��,.,t�',r;: �: �:,:"�: , w"• .� :: :� '„ The i 991 Bands will not constitute a debt of the C!ry or a pledge of Its laith and i��, xf� �� ;�"k:3 ::'=':� t:�`�}�rs..::'�. r:t�:�; credlt within the meani�g at say c��tjtut�a�al or statutory pr�visiot� or limitation. Nor '�P',,1:: R}'t i . '„��:�n,``'��'..: .r4.: ,. {. `. �' ` . `:'� , '� :: 991 ds �ns tute a llen �pan Yh Syst `�.•,�- =�'3-"�-.��7�:��-. �r-;., u►Ill tite 1 Bon tl e em, or any part therea� ar Qn any 'K�,�•�»�; �•u . s �^i�= �s'i1;�.i.�'���'"'1�yi`ty;,::� ;�;;�:,'.y.` ather pmpertY of the City, other tt:an tt�e Net Reve�ttes ia the mar�ner provided in tfte '�; : ;: ,;'�t`� r'°��`,'�f��:��';�':�. ;,-; � � ;i°,: r';: ;M�:�,��:' Orciinance. �i, L.��LIJ.i; � �a_ . '�^w��ii �:i1�, ._ . �}�e� � .h..::�1:5 • �• 5'�.! :�����-":`'.�' Lnmdcl�l ama �o�ua�r�. AMAac Inasmnity corporatton c�A1ViHAC 3naemniry��} ~�t�`�' `� ���' ` iyas Issved a Com�ltme�t for Mttnicipat Haad Insuranc� (the "CommitmenC !or Munlci�al ..,., .,,.:.... p��•"r::,,='�,�:._` - 8and iasuranod') to issue a baad �surance policy tthe "Municipal Bond It�surance Pollcy") �y,: ;, �.,,.1: s �'���;':.�; relating to tt�e 199I Baads diective as o� the date of L�ance ot the l�l Donds. UndAr � �. �;�;�� ����{��,•� ttte terms ot th� Muntcipe�i Bond 1�s�trance Pollcy, AMBAC Indemnity alli guarantee the ��i�q��� payment af tha priricipal of and tntxrest an the i991 HandS whea due to the eates�t that j. '/t,,:`�t� . ;�;��;_�`'�'�� suff�cient funds for such payment have not been pmvided. 'I'he text of the Muntci S �'�="��'x�' Hond Insurance Pallcy !s set forth 1ra Appendix C. Z"�e iastu$nce a�ll! eztead far �e term 3��:�xa� s: n �r�;"�`�;��;;_ at the i991 Bonds and oace �ted, cannot be r.ancelled by AMHAC Tndemnity. -- _. . . � � � , ,�, ks. �„t . -Iv- ' � s � C � • .. �.. , 1 Sf} I � �SF� i; � ��' ����:a�' � t,�; . j ���y • _.�l:i^'�'�CY•f � �I•'�.n�','T4�1�: f,�s�Lt�'�A�� .I .o:,; .,,:,;w� , , ,iy. ,,t, -:3 �,r;,�;�;���-� �' :�:a.: . .�Y:�S's� ,F! � �:: ' ';r�.irr;Y.'.��,''{,�,�,,��.. '�}:S'rp.� ,''��,a:. �. �5§�':� . 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F: 'r`�,.'.A''�, , L �. :���;,.�.'',��.`�' ;`�:� E� ;; .. l Pra �'orma Covera e ot Ma.�clmum ,4nnua1 Debt Servlce G IVet Revenues � �,` .h;L; , � ��:: :,I , , ; �: ...' . . ' °' w � Audlted .; �`�, ` , '�'� :�' � , 9.'':�� � �' � �, ," �� Year t 988 1989 t 9�Q ;,,+. �;t ,',, z �.. ,. . ;; � � . ��� `� �� r.°rit��'tr,� �'r�. ' � ,� ' • ' ' �i �iet Revenues 2,158�510 Z,901,882 2, i 22,152 . ti��'r'Y��.• .t;. :.r �, � t '-�tit;l�.,:.�f' �_f° 4• i '•�`1 '3 : �; ;;r ., -'': ��'� � •�i�:'��.�,� ' �: • { Caverage of Maximum , rl_.�,.•";'r'.I.i>'f:7�'' �,'•r' � � , �: � �..,;,4 �._�+_ ;�..,, : � ., � • Debt Ses�rtce an 1991 ;,��r�s;;��;;:-��°:��ti.'`�:�.�' :•;-�� :'t .. . Hontis {$?21,030) 2.�9x 2.63x 2.94x D:_ii;:''az'f,��,�"'�`'Y"s.:;y:=: 1`'- ''' . �'� , ;,- ��":;j�;t:���r?":�r'-��5::4;,>t`°`�`��!:" :��' .= �� Ra�c Corr�uk The City has cov�nanted thaC it arlll fix, esta5lLsh, revise lrocn • ;F�.��; �.�;;a••� n.i. �,,�f:���`. . �� �;=:4 ;,:r;i':. �,�z��:�:; :��:=s: �;� %:';;.. •'� time to time whenever necessary, maintsin and �ollect always, such tees� rate3, rentals ,-,, ;�;:..,,��� �....�s ,,y,;�`:°� ;',�� �sd otller chsrges for the use of the pcadetct, services and faclllties i�f the System which '-� •-a:�: �;?°ta;t -,�f ,,,z.• :3.�..`,:; ���rt �� l:.;,.•::'n�`�:.� :.:'r :.; :..; wl�i always pravfde Grass Revenues 1n �ach year suffletent to PeY, and out oi �ch fus3ds ^,',` `•F°�'`,;�,:�i�`.-:.'����:::.F�T;::; �1�.�':: �� l�Y, 1QQ� at a�! Costs vf Operatian and Maf,ntenance af th� 5ystem tn s�ch year snrl aI! .s`:,;,;�; , y �, -�::_;�:.. . , . ,,:.,.t 1a; , r;�'•'„�• -=.�i,= . ;;��;:���;' �;,�x;.�:_,��;�.;;• ;..,,;�::';`.`.,.;.�,� :��'. reserv� and ather paymeu�s provSde� !or la the Ordi�t�ce and 125� of the Band 5eraice €�;:, ; "'`.��'°t :��_:°:••�'<;;y'.>: ��.,`,';�_�p;.�`;,a`'•I : R�qt�irem�nt du� !n suct� yESS' on a�4 outSranding 199I Honds. ,S ��ty :i'7}�: i� :`�~� ' �• �, ;; : ,� �..._:,�••� �• : 2 '" � h:�.� , r^, �iss.�' � ,-'c ••:�rrr: ;r�. ''r�,':�;�' :;' ';r"'.. �:x - 5."',�.,1? Addll�]1iiU P�zy Db�i�It3QR1�C. Add,�tI03181 PeI� UY] O m : t .> ��.;��:�.;;.�• � �. ,�, ;�,- .,:: :•�;'. �.� : tY ligati ns �eq be� tssved pravided ;1,` =:.,'_, �-..�:�=`s'�;. }� ,�`:�� ..: : ht�t N Reve�t�es efthe �twring the ImmedL�teiy pr�c�ing Fi�cat Yeer sra ,���� ► �� Y ¢e�_: �',,,,F�_';.r, ,;:r�s �e: �;�':x��:��; i`�'�-?°� .�� � e� tw t� i 12� ti r cal �' ths a! th t 1 r.�a� � �I :,::,`,}:, e�te consecu ve en mon e e� �n f 8� e�tdar iII4ALI15 :�;�: �-`: Immedlately pr�ed[ng the saie o�! the prosaos�.� Additiona! Parfty Obli�atioas, or ditt�I�g ;.",�.. �� the la5t twelve 4Z2) nto�th periad for which the Clty h�s atxllted Fiaancial Statements !or �.; r,:. ;::.;.t�'.��. the Sy►stem� at the option of t.he City. shaii h�ve beent r�t lESS tl�an 125� aZ thc �,`�',-��,. Maximnm Bond �ervlc� Reqnireme�t whicli will bec:bme due itR any cale�dar year `. �,' '. there$f ter en (�} the 1991 Hntids then outsCaadi�, (2) a�y Addttioqal Parity 45itgsttons 'y 5 P,- s.` :l . ���:,,°�`, issued and ttien outstanding �nt! i92 the Aciditsoc� Parfty O�l.igatians then prc�d ta tre � � =: �����<�"� lssued. 5uch Met Rev�nues, for thls put�s�, may be stijusted by the Caus�tlting �ngineer ��';: �� M� :t;��;,�t,; tn rettect rate changes antVor acqulsit�ons to the System, as providc� la the Ordin�wce. �x.:.�,s, . �r'k�'' �'� Tbe Clty a! Cle�nvater. Tl�e City at Clearwater. t3�e cvwnty seat a! Ptnel�as �:z..�r,.� ��a�E;`s;•`:� County, !s tocated In the nalddie of the west coa�t of Fiarida oa the G�li �i Mexic�, Z2 '��� �� ��' mlies west oi T�mpa. The 1989 popuiation o! the Clty w�,s esCimated $t SU2,£00. The `.���;'�'a'-' ee�nomy of the Ci ls ba.sed rimaril on ��' �Y P Y lfg�tt manufactuting. tau3sm and re�ted �k��;t�''.s SEFVIC@S. �a.:f�f.= . � �' � _.' a . ..._ '� � i��' � � � � . '�t � \ -- �i.`arr � � c � � rY�� � x : �.� �; . i = 5 ��' ' „1 �'I :ti�t�f � `.d� 4'�' �R` , .f � �— ' � -�a .r..• ., ...� ` ,:_�.,,�;.,���; !'� r...a.'rr!����,�� ,�-,�c,gzy;�rti��.� -:��': - :" ..'. r� . - . _H�. � . . , . . e . � n � • ..: ,i. t �'t��a � �.;' �;��i.. ;lrrt�- ^:YH�. - . ''rt' � . _ . .... � . ��. • � . • .. .• � . . . 1, �k!���� Ch � r�'+�n.�:�+�' 'ty^T,. ..i ' ..i.S' � '�1� ' 1 . . ; 4Y:fl•,R. ;w��i��%� } �I `x, �c .�;I� '� . :. 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'' yJ3 r� t' �.��,'�.f •� �bR. .' ��y r� { � � � . ' � , ' ` ... , � / , � .!.'�� .• :� ' . . � ' . ' o' , ' .is ` ti''• .�1,;.Y`.r , i ` { ;1, ` • . ` ' . ' _ . � ; ;���:;:� `' �•_,;. , . . . ..41 �''. N!. ' ' . • . , , 1 ' . <. .. . . ... �1 ��._..a. _ , .. ..,-e,....-....> "�:.�i:f:.�;+�.�`ai:Yi.rYci� � : ; � `. . � �yyyrll��W6M1i0aMaWJlid�:WWNLYA:a�i.'.�4-1'«S.43d..Sr� a.e��..i�.�. . .a. „-.. � . .»..�.... �a �....ar..b.• . a. , ..,. ... : �tt^ �.I'f. .4y}•..� i � . ; '.4?•^��;. _ ,' 'j ; ' i ����- •.;. � . . . .'-i� , �. � : , , '�� : i�`' I ' ��1',, . � �.� , , . . . . .��- ., . � . .,. ,, . , OFFICIA�. SfA'I'EM�NT ,� . . ;..,� � _ :.�=: •,� . . � �,�.� �ti�'�-'`,}�,ti,r,: ;�, ,,�' � - . . F' i ��` ���` �"'�`� � CTTY OF CLBARWATSR, PLORIDA '= 4:. t. �r;.` ' � , { : +.;`,p�;�.; ti:; :;� ,,. ;, �� GAS 5Y51'IIK RSVFI�LIE BONI)6, SERffi 1991 �:�.xt��'"`�.�� � ' ' ��.tl �'r`1'af "x. � . ' ' t • � � ', �'�;:`: �:F''�' ' . iNTRODUCI'pON :,�'��'°�7��1�.�°�' �, , �1..� The purpose of th�s Official Statement, tnetuding the cover page, suiamary ��' ;��-•� ,.-`;����": -��.;,;�� �,':..- -:��� statement and appe�c#Ices. !s ta provide infarmatian concerning the City o� Clearwater, -. �t:, �r. .,�-��.t= w , �, ;;{;:L;.::'',:'•�:ty��.;. '.;;'•�;;',�;���.: ! FIOC�dB (ChB "C�ky") aIld the �?�G80�040 G8a SySXGGi�1 Revenue BQAi�S� Sei�85 i981 (the }. �:;t:T,r<>.:',1:�.,.,_- ::;�:;,,,,:.,�;.-••:�t``:�:�� "1991 Bands"). '� ��'�,,ti�i �r`r+��. L =� i��/i �! f • �,y 4�'•1•�s �Y..� �5 ��.'� i �j `�' ^„ % ;yly: � .'' ' i ' • ��,r� Y„ i ' S.4''��16`A�il'��r'.�.."�7 3° 1 •'' `" Deflnl I arf c in wo r -'j�, r.�;.w,;�� ,. -;.. -�;'.''� ;•� t ons �rta rds and te ms hav€�g [nitlal cagitaLs used here�n atsd Ln the ;;��'.i�;.'`� �� f'�''�°� �.��'`'��. 'r ;,� OrdJn.ance are oantained in the Ordinance in Appendia B hereto. '. r:;•,'.::.: .�r,�: i;: `;: �;'::_�':: 'r' ; ~,•.� y_�;..:,,;^,�. ;y . '.,�'i�.��`,.��r",: •s::lr/.'��i.l'rj;L��'„�`�.,� ;�+,� . �''s;,�� .�,, =s:.��' ;�.���• ��i.�; '�� The relerences. excerpts aad summaries a�t all cbcuments reterred to t�erein do not °"�'c�:��'i:r,,'.�%'��':`;^�'``�;�.s:: ..';;;.� p�rport to be camplete statements o� the provlsians o�t suctE c�ocaments� and reference Ls � .i�` .s:i ," �;' ..':4�;'3.. : :;` :,:�>:�'�-:`�;-�F��'�;ra=: w. ��,Y<<,;,°,�'-� directed to aii svch doc�ments !ar fe�ll �d aampiete stat�ments o! all matters o! fact � `� �' `' h' `� ''� �`} relat�g ta the 19� 1 Bonds, the security !or �e paymeat ad the 1991 Boncl�, a�d the �' '° a'i�; r;:�, „ . ,���:�, , <:::; � s;�:,;,�_ _� `�,, .�s .:,:: t� ��;�:..; ::. .. .. .;; �_.. � .. �:,�;:.,,.,ti .t`; , :_�,:t..�`i�' ;�;.,-:c�;7;�,�. �;t: w:•.; .:,-. ;:�. rtghts and obitgat4ons n! halders tltereoi. ,;'�;..a�?�":E,:_ .r {.,, r � 7 �:_i :-:•r`,�t,`�Et°:°="';�;t;:'��`� �°: • .�, �4.�.'-'�� �.°','``:;�F,1'��"<����;���_'�;,;x��.:•�:•° The infucmattan cnaCained tn this Otiiciai Statement inv�Ivl[� matters a� aQinlon _;:���r`.^.�'�`� ,.-Y;:�� ,-. - . �'" �, ;.�i= x,=;.,�. s:,,w "``> :.. �:� •; . or of estimates, whether or �at so ea�res�ly �tated, ara set torth as such aa@ not �s ,•.a� ..��s ; .,a;� • , y=' ;, , „ ,.. = t � �;�,:, ��:_�.:`�; ;�; ;;'::t?'��;�";`�"�1�.iF�+ ;�° �' repre.5entattoas of fact, aad no represeatation is �sde tha� any ai the estimstes wlll be ':; ` k�.:;,=�'>,.�r,+'�,�:" ;.�:;f a; `�,:�; �: s;;�''� rea#lzed. Neither thfs OfflcIal Statemeat aor any statement w�ich may have been made �::���=. s� . � ��;_ ;.�, .,��}: � K-,'�:: '� verbau or in It c4.!�;s�:�;:a�?�;�,,: :�;'.:,; _' 3� .. y wr iag Is to be coastrued as a oaatract wlth t3�e ho�ders oi rhe 199! .,�,?5r;:i.�r. .:� ._ r: _ �'�r :R � � BOI1d,S. A[TI'HORX1'Y FOR SSiJANCB The Bonds are beiag �sued pursuaat to the Constitution and Statutes o! the 5tate af -�s �iorida, including partiacelnrly Chapter ]66, Ftortda 5tatutes, and athec app�icabte '=' � provisions af !aw and Ordlnance No. SI 18-91, enacted by the Ctty on At�gust 1S, 199I, as supplemented tthe'tOrc�nance"j. �:.�: Y�, r , . •.-�t � � �i- �tr :,� �.�±., T'he Re[� P�a. Ti�e City will use psrt of the proceeds a! �e 199i Honds to rcf�d !ts �7,1Q(i,400 Gn� Sq�tem Reveaue Hands, 5eri�.s 1�. 56,71Q�Oa0 at which are curr�ntlq out�#aad�ng (the "l983 Banti�'!. Att�r paying �erta� costs d Issuing the 1991 Hvads� the Cftg r�rlll. de�osit a partion � the 189! Bo�d proceeds, with Flrst Union N�tlon�i Hanlc d Fl,orI�d� a� cst:row agest {the "Escrow Ag�nt"j pur��t to an Escrow Deposit Agreem�at ithe "P.�crnw �po�it Agrcem�n�"}. Tlie Eacmw Depasft Agreement requires t1�t ti�e Escrow Ageat �se the axnouats es�rawed tl�ercunder to purchase Federa! Securi�ies. Federal Securities are dlrect obligatiaas o# the Uaited State� ot America and ebllgatlons the pr3uclpal ot auci tnteres� on whic� er� lully gua.ranteed by the United States a[ America aad which nbllgat[ons ase nat cedeemable prior to tt�elr matnriry at the optian af the United Stat� a�ad Iatecest on ob[Igatio�s oi t�e itesolution FU11d�i]g COtpOf�tlt�!!. � � — ky'' i �. '.s:^ . i:nr��:`3h.;j�-y.�ai � s"s[; 4'scr K 7�se;;��t.; 3� �{, w d �'�' `^,4 ..:�1�� ;:,),• yrv ,,. ! . �� . ). ,'r. F'�Vit �i�5: � � }�:�f' �'�i��'±�ri��� � .v'�� . ; �. `4''l� r ' . . i''' ' ' Y :_�' �`.,�' L:.i. ;'a, . t �i � `',� : ? 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' ''=s:¢� 1', �c ` � .'t�`; ,��:'�,�. , . �e�:�{//�i. {: '.#.f� , � � '�.,�,�� �,1::. . � ,��`t• I�,t�y �:`y;5��'r 'r;, � .t. ;; r' � •r �`' ��:qy:µ"� r �,�� � ''�f���Y�;��,• . j . a ; ',��.�' ��''i ' .,, ,,,�li«^e^,;� ti`f�," ( . . � 1 .. • 1 � •�` �.�Y�i.3..+�4rFrii+,:1w.Z�n:'..Yi�.�S� �'l^ ,.�A • %i`�xhu� ' .1�.� ,`..;f._��',�;;.•,,s ;'. ."L.�.� . >-�`y""i''r .i�'� +� ,i.yf,`'��.',ai'•a;�x(� i • 'Y' '�-`�'.l�.fp=y�..LS'�;t�:i.�;;` i '':r:�� :���`�,%#�.�'+�'�:?'".. ,.,�. , . . . , ,�,., .�.;...::�; ...:' f:: ..' �.:; Ia the optnion af Band Got�as�el, the 6ie� ot the Ordinance pursu�nt to whicri the : ��5 .` =: .� ' �-' . `:��. �� •: .' ' • 1991 Baads were Issued wlli be reZessed aad discharged �pan �e �.ssuance by the Ctty of ,i��;�, �, ,.; , , s: i...�::,:°'�,'.:.-° �.,;:', ����`;'. . the 1991 Bancls. the slmultaaeaus purchase ot the �ederal5ecurtties required pursvant to �, � ;.�;.t: : �.: `: ;, ,:. : -;�.. _ .., : . ��.:> :� �, the retun�E P�sa st�d th� Pl�g and 5etting a51de pu�su8nx to the Esctow Deposit : . 3. , .''� � `=; ,; •,., , ,;� :� ,�• , Agreement ad surh maaey and obligatiaas for the payme�t o! the principat at, premlum, ,.�:'-'� :..•�.y�� �, i. �`� =��� If an��, and interest on the 1983 Haads, the expe�s of the Paying Agent !or the 1983 �. �"'o'';-° ��' �`" - `� ;,� BoQds aad tt�e t'osts o! the Escrow Agen:. '�`�J' 4'I� �; ::.- :<`5. +E:: �;� '` {JerlflcaNain d Arit�mctEcal Camptitatians. Upon dellvery of the 1991 Bonds� �rnst .'. ,Y "';,,' ,'t �y W� ;-� '�'���� �� '� �� & Yaung, lndependent accouatants► will dellver a report oa the msthematical accuracy of • •�t. ��.• �.;>: `: f� �`,�;'.�. _ � ."� -'' �' '.�. certt�ln computatlons oantatn� la schedules prflvid4d to Chem by the [Iaderwrit�r ;: ., ,. 5 � ° ; ,- �, ;= ': •, rt � "'�', ' �' relating to {a) the adequecq of �he maturiag princip�at amounts at the Federal Securttles r..�' ;,7�-• ''�', .''�' '».�.',`, t�eld in the escrows for tite 1983 Hands ta be ref�nded, lnterest earned tttereon and ��~�s'�'`'-: ,' ,�''`; `� ;`'�, ' th r moneys to pay all af the princ[pal oc redemgtian price af a�ad the i�terest : � ���� .<<. . ,�.•.� � . C@1'teIil O C .; �``j =';�": s��, :•';.; :`P;�' ��;'. :�s: `� �� an such 1983 Soads as such principa! or cedemptton prlce and [nterest become due and �, • :��r;:'.,L"> >:>'�;;.� � , .:... ,'.�• :��`-�-�;:�a�}�,;�;�•:,'. `, ..:.r.,_:,�; : paysbte� and ib) the computattan� � yield used by Hond Counsel to support Its ogInlon . ,.; ,�, . ,._ �`��- r:` =:F;:; �E�: `-'_� ; that the 1991 i�nds are not arksit.�age ba�ds withi� the meaning af 5ectian 148 oi the �,M^ �r"' -� � � �� , `� ; ; �t� Internal Reveaue Code. :;'';`:����. ,<:�� -,">;;�{. �,` :� �;�;�:: , . - �, t�'�'�r:':1��'1':' '; , .x . �,� f°)::Y.'�-,_�`, • ��r...J_i���K `� <.'�� ;�.; ,;.: �;,.: •: �.��..? Ttte repart a! �rnst � You�g �►Ill Saciude tho st�tement t�at the 5cope at thelr ';�`� ��. '�:',•a;:j,"F�: ':l:. jr:�.� �� `I � eagagemeat was llmited to verltying the mathematical accura�y oi the computations :'� .�'. ,. ',;t'.`,� :�E;•:,, �'' ~�.;': -: � �' `�'�`;:,,��•':;;r,'--•�:r. �', ::�•°" wntained In such schedules provideci to them and that they h�d ao a611gatlon to update s,;.'_ ;FyF�:i�v7�,;.�.;.;�, ��;;�`��,�s�,[�.:' - ts1@iT iBpOitS b�CSLtSB c� e�ents OCCtlrt'�Ag Di d�ta OC 1RiO�IIIAt1Ari COR1IAg t0 k�1BIi �y� �"�' �'� attention subsequent to ttte date of such report. .�` ` i.':i..-+. �:: � s, e :ti ' . 4." .Y ", I. �. 4 . ;j., v ' � . X�� •.. �� ' � ' �'ii' ':?�,:'nF.,;i � 'Ty��' �•�".': ,." �:f:.'s � ,'a� ;•. `�;:�`��>��;". =`y �,a �::1�,'•: �-;,..'. , The monie� aAd Federai Securltles heId in accordance with the Escraw Depcsft '� �"Y'�$i�'�,i�'.�;'•si�1::i.�.�i..i,' .{.' t.. :°;`,,��;F�„?�' �'a<<<� �' •� � � Agreemeat, ell iaterest ar other income thereo�t� and a�y proc�eds irom the dispos�tion . ..: � .i �.5� } t.5�. ^j� � '��3°� :.�;s-<f��� -;��:'}; '�,�•'�-'� ` - thereof wllf be used oaly to pay the 1983 Hvnds a�d wlll aot be �vaiiable for payment of i�'�ae,t ;�:'ti='�`�'.j f,``�"', �:� :`�;; '�=-� `=.>:`::`` • the debt servfce on the �991 Honds. - '°.f.;l: ,i�'��'.�<��,s°?s�k° =s<;: �`{;� %. �-.`C.r;'.r;`+,:7'y' ,`(: '�' r.�,%t,; .1 `Y'.i.i,:�� ,� :;i•.F'�i`�'�l�� '�':...:�F,t,' : E'1�: a:'e,- ; j:•i" �rr ;'r':�. ...�, �IHB 1991 HONI76 �°��:�;?;.::.���'-'F" �-:: �' ,<';;.r%=:''�'� ;�'.;i•,'=. ' ' YS' 1L" `I!1 !� i�� �:. ��i.`F�. • '� . t: ;�,�F �',;��`k"j•'rz�'��'�' �ir,•.t. '�:�„��t',i ���� �" F- �":='�:°'` Hodc Fntry-On�y S�►em. DTC, New York, New York w11I act as securtties M ,i.1a;'�-'Gt.{. _ ;;r..'i' .�:5: : �l,,s:° F= i�:�;~A' �'rr,�';.",.w=`,` '.t�:°� ��':�;.:,'.':.`��;'' depository far the 1991 Bonds. Upon the issuance of the 1�E Honds, one faLlg registered !s' � $1�4'si3'ai,.. ,�`y�ri���F'1''l.� ..' 4.'��'�'�;�.�. � : �.:, it}� t; . '� k� 3 ' bond far each maturity wlll be regfstered �a the name oi Cede � Co.. as nominee tor DTC. So long as Cede � Ca Is the reg�stered awaer of the i99t Bonds� as naminee of DTC, rr�er�nces hereta to the owaars oi the 1991 &�a�ds shail metu� DTC or its nominee, Cede � Co.� and shal! not m�ua the S�aeficial Owaers (hereinafter deifned) of the 1991 Bonds. DTC Is a llmtted-purpa6e tr�st campsay orgaataed �der th� laws of the State of New York, a memher oi the Federal Res�rv� Syste�, a"clr.ariag aorporatlon" wlthin Lhe meaning ot the New York Unitorm Commercial Cade, as�d a"cleartng agency" reg�stered gurs�ar►t to t�e pravistaas of Se�tion 17A c� the Securitias Eachan.g� Act of 1934, as amena�. DrTC was arc�ted to hold securiues o! its psrticipaats {the "DTC Parttcipant�') �nd to iacilitate tha cieataace aad seEtlemet�t oi securities tran�xctians among DTC Particl�aats in such securittes thr��gh electroaic book-��try changes ln aceaunts a� the DTC Particlpnnts, thereby elimtm�in� tha p�ee�d ot physical mavement af securtties certii�cates. DTC Farticipnnts iaciude eacuri�its b�3cers nnd dealers� b�nks, trust companies� clearin� corpa�atlons and certatn athar arg�ni�ntioas, s�ame flf wham (and/ar thslr representatives) own DTC. Access ko the DTC �ystem Is also svailabte ta others svch as banks, tarokers, dealers and trust comp8t�ies tb�at cl�ar througfi or maintatn a custodLal retationsh[p with a DTC Perticipan�, cither dfrectiy or indirectly (the "i�dlrtct Participant�`?. l -2- � � ��. -�y..�- ..fr -.�7F.�' � :�.t���Mu`Y��S� lili���6•YR5{'. �J''�'{�:6�'.�;� �' j�;�i�� �� .,���; �T ; ;..n�i,�,r �r�iit;'S�trj,J;i^ } ;�' t��;� �,��u�'t�°�� ' •� �+�y4�'�M f �`�y�"ss1r+;„ fr. �� �°yiR�� s`�'i�.�"`aT'��``' �_` � ' ::������; �}�' fi 5;���.,� :. •.p+f1'��+:3:', t�f;�.,�"s��:k'��k ��;'•° '�°=��'��� ;;.r,.�';,T ��"�+�r:�-� ��' v }. . ;^°'�,t�7•y^t;:" aF ��' 1 �Lj� *��$i����,� . .t✓ �r. �N (yu. t1y�,l r 4 I Y'�` �`.d It?�.R_.i�i[. ly" . iiL• � F 4HHl:i: .' � F �,�,...�, r;�'�r t , _�: ,:,�: �, iv~� � :.�r. •� k ;'Fi � � � �� � s'� ,;��;.. ���'ri�. 4 e� 1 : ��s � � �� � � `�T', r�.�� �. � °�;:_E� s �:�`�, ,: id� 1��. k r �.k �;�'� ti ��'` * ��' : ' i ��;������`��.: �h��ty'�, �,�.�� � ':�r� 4d'���c7a4: . ��� ��` � � 4�������� ��,��:�� ��r��� F:�t? j,. � ri ������; �,_��;,, ,: �; ,i-=`��': a. �V,-s,4.�{�,? !. ; �� � :�,���'e`rrs�j�,,,:±}-�c,: . �5��4!blkl�i�?�` ir� `' ; . s� �:}r[Yj,.{,;��ry;�'�'�'+�ta•j' .. 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S"." �L'.�1'ryl.�:. S `. � ' � .. , . . . � � . . . � . . , .. '�:.�: F",�c:»� •.t,+,:; � ^' t,s'e.rt� ��,�' � �. � ' . ' , � . . . . . . , � . ' .� . . �1y Ae};�'+'�'' �t,` I 1 ,i`� ��..i t �i� � '���� ' �'i' +��t'F'f.. . , ' . � ' , ,r''.p' ', t,- ,' , t . � . , ' � � - , . ���{y� ;�.� �i'�.1 �,' '. `� � . �� . .. . , . • . 1 , . ' ., � ;L:.,ij`{ . -�� .'1��*� i . . . "v. .. ,/ 'lr r' . ; . • . . ' , . � � • � . . 'E� +�t � y.' ��' � �7 . . . . . . � „ � ' . . . " , , . , . } �, �5'` ,i•� ' f y ' . . � ' � . . ' � • ' ' .� '. ' .. . , �� ji,. , � 4 '` i f � �L, ) � '•f� . J ��• 4. 5` • ' � . d.... _ _ i..��....ai[� .w...v.� �ni �.< ws_ � .-.. e ... �......... � ... . . � .. . .......�- � .. . . . .... . . . .. � . .. � . . . . .. ...... .. �-.i. ..-w. 4rMFH ,i Vhi��,.v'.NiliY(r/wF11 `'7 t � � �l -�.L'.Y.11.l.�.i�M.}.�nn ''S i, J �.'l�` � ,�� �. . . � � . � - � �+'� ? •ii:',"' �_i"� ;�ys`;�•�•�{' . ,�i� : � .i��: � : „� , ..��_ h'"',` �.:.'; r y 4�;''.r:. 3 •.�. 's„t�."<;;•y: "tCy:fL;'' , .,.ti . , ,p��c..,S �'�i�•I. K': Z���� 5�5: � 't`.�'� IM�17 �a�� : l', i _ ...' . i • ' • �j � tvj,�.. � . +�., F' '�� , � „.i� , . tr.s,,..�� � � ' I ' i/i� ^1��}�;r;;':F�;`�q�i�=. . .3� . y :! �.:. �,::�.�.4 � �.y. . .i. 1, ' � I' : .'d �.�;.,4-..1, rx='���zl:a�'� ; = . P�u'chases �! the 1991 Bands wnder the t3ook-entry system msy be made oniy � ��-F;.�r�, �••`��a�;� .f,, � �.;:� :. ,�,..�, ,�, ��x;,1,yp•.,.' -';r� � ' � �.. ., I . thro brokers and dealers who are� ar act throug3�. DTC Participants. The DTC .,; ;, ;,.,�-f.�� �f;� t -.'��Y� j� �'1`' .,; ,.. ,' Partl ic�pants shaU receiae a rxedtt balance in the records o! DTC. The oanaersht� interest ° �T< ���•�'�»������'��''.<k� - �� ai eaci� actual purcha.ser o! cach 19+31��Sond� (a Beneflcla3 Ownex' ) will be rec:orded r;�.�;���t;::�;L;�`��',;��-���h,;`�r� �y"': . � .. .� r the reoards o! the appllcable DTC Partic t. Heneficlai Owners will receive "� N.`�; ���",�`��.,� ``'" � th augh �► � `::;� .:�.�'. `� � ` ' �::.: . '��� '�•�� lcam the appllcable DTC Partic[paat or IndireCt Participaat a written coaflrmation oi ����� ' r`������a�,+'�'�tis`'' "' �.. " -�� �:� . . �, `. , � the� purck�ase pro�rid�sig detaiL� ot trie �99� Bond act�utred. Trsnsfers af nwaecsi�tip ;;'�.;, �'�::�:��.��' °� , �_;. , , ; , .�.'`'.� �� ���:�� � �` `` j � ;-u�� . . fr�terests in the I991 Ba�ds wiJl be accflmpElshed by }�aok entrtes made by the DTC '?r �'��;�r{w:�.� ..�. �-j:�„ ' �'� � • ;=;;�` ;,,-: `'-�: . =.�:'`':_ �,, ,�'� `�:,.�� �';� Participants wh4 act an behal! of the Beaeficlat �wners and if necessary� in turn by �'�����,;�•. =..,iA Y�?�:�� �.' � � � � ����� -� �;' �`� `'; �,:���;: '� �"_�,�'�' DTC. No l991 Aand� will be r��red t� t�c anme� at t3� Besetldal O�aaers, �s+oept .,�w ; jw" ��'�`"� �.�'y�'�; �. ;,� ,, , , : •;%.: , � �w. � X•�;e, �, ;_;,:f:,��::�.�: �:,� ;�;•,:'`` f.I�' �' I. t� �iiC C'4P.�� p�'�t:i� m i'�E b00��l1i3� S�lp jB �� S& ���d�, ';:i`';;�'�;!'��,��,.'{;: �;.�;` tii��`� �r�� , ��rs� :�'•��,_ � �f�$'' �.��'� � �'� �s�'�°Q.t'S�'�w� ��'y3'y��,'+��� .::•;� 7� ^�'�^,�.' ., �.t � � �,;t�f tf�I in�} J � '`� ��� "� 'F'he CSty will rec�gaize DTC or its nominee as the oamer ot the 1991 9onds far all .���,,�,�,��,���;� �. , i- ' F r.�•�~ �..� o�'�..�. , Y �. ';•� :: ,` pvrposes. Inc�udIng not3ces and voting. CpII�l@y8ACe af AOtECeS 8i1d �th8r C4Q1m1li��C8titOtLS '� . � ,,_ ..�,'��: �;�T� . �kt �s. . � '' `'�:''� ` -� by DTC to DTC Partiatpants aud by DTC Perttcipants $nd Indlrect Partic[pants to �:��:��:�����!; �u��`��'��,�`���'' i {�,::�t> ��i`�=`' �,���,.` ''� HeneticSal Owners wi�l be governed by artaugemeats among DTC, DTC Participaut5 and �J�u��i������:�i.`'�`.' t,� -�,: , ,"�.;a �`:`-'�':'�' . �:�':� Indlreat Particl�ants, subject to aay statut�ary and regul�tpry reyuiremeats as may be in 's'��-�.<�'�rru'r'���=��: _'4 , • � � ` "' '� h � �.�. + � 1 ��� � �t� •�� i..� � effect irom time to time. B,enetictal Owaers ma desirs to malce arrangemenks with a �° ;{���' '� �rz` #z �,��7�.�.� '�' '. � '.' ' :' = y `��'���;5'�'?��'.�� _:: �!�;rf, �`�° -;:�'t�'� . DTC Parti�ipant or an Indirect ParticIpaat so thst atl notices ot redem tion or other x��� _� �,,. '� ,� i , t - ;�`; �rF�.�� y ��`:� � �,' �'�' .3- ;�, �..�: , e no iti on o2 all ^���.:��;..,::�� �;:•,�,�.'��. � ,. .. :.,.:. ::� communi�atians to DTC which affect such Beaeticsal Qwn amd t ca4i �..:,. ;, �r.�.� . t.:: � � �' �� j:`� �� �'�:::'� )nterest payments, wIll be forwarded In writing by the DTC Partici�an� Anp lallure flt ; k.' y;r� ,���'��`���.� �, .�', � .� • ����.. � �.: *'b'"r. +e . , � � . �".: :, '." e!s>.',���,Yr'{� ' {t' i'. e >{�'�: d �•� � . DTC to advise aay DTC Participant, or o! saq DTC Particlpaut or IndJrect PatticipaaC to �>.�";�xr;� �,..�.�s�'`^ �;�`,;,. ^?r,: ;,�;J :,`=.. • , � °«�`��i ts 4 ;:�;. .� natity th� Be�eficlal Ownec, of sny �oticc ot redemptfon and its c�ntent ar e!#ect wiu •{'�-�:=..��,^;F ��'''` K��"�- -�;` ;" �,-�;':� ,a� ;'{i' k� �5��., , ' �.-•�� r.. , ��. , " :' � , .. � j .: + r , . . 3 �^:}i.r. r, �•-•� t �;;';'';�::�� �:. ',. , not aflect the validlty af the redea�Ptlon o! the 1991 8a�ds r.alled !ar redemgticyn or ot �;'��t4�;��,, P��F{���,�.���`�+��"� �''i: � I'�s..,,_ , ±� ��;,��;::..',''�:. �r ,s� r�i.;.� �''r�� " '.s,.,. ,� y':'���i.� �}��-�A��r',. t�� +, J �:t;' ���:s���r,:�:;;,;�_" F•�t,�•` �r- � any other acttoa premised on such aotice. �.•�,,�;s';',, ��yi�4��, �y��az�`�, �r-,a•; F's•:i'. ..A,A'` t> �',': ., . '.�ii-,�ix1��q�j�} ��5;;7��'j'R:»„. ` �F �'� i�t�. :I., � `Y.lt�l. .�! 1• `��..j�}., �,'�`t.�'% e1��� ' i;"•:��' �'.1, �^�+�•':£:':� ':'F'�' � t e 1991 Sonds wllt -r:*i.'rr�Y��.,A1t.�� ��!.a�f:��. �.` w= ``; �`.�-`�. ,;:;; ,-`'; ...,.: Payme�ts of prInclpal of and premium, Ii sny, and inte es on th ,t,Y.�;�,�;`'��>,�. ��-:!. �,.�,a•� ���.:�;:•°�� 3 .r• � �: . d<;�.,:,. �;;�,��. :��_, ;�: �;;':' �,'�' be m�de to DTC or Its nominee, Cede & Co., as reg�stered owner af the 1991 Bands. s,,,...:�;�.,;�,r;'�� ���- r.�; �� y; � �..^ ., . %�:;; ';Y"4c .v'`i.,y .�:;�:.fk:�'� '' ;:�,s�;,z;,r� �,�1.t..� 3;k.;.•.�• � ,-�` ''`���� -;� �-- Upan recelpt ot mon3es DTC's current practice is �mmedtately to credit the acc.ounts a! �r,., �;��,t:.��z ���:".l.w:��� '.P'!�.' ,..� � '.c':•a`. � ' (S: � • ��� . �,1� �,l'4"ti� '..•.��� t: i,' ''-;.�r;� :;�``;� :4`:`:�'�' -�s "`v��` the DT P rtictpants In aCOOrdance with theu respecCive holdings show'� on the recdrds �=�;s,:u;.�,;'_, .;,��;��F;°. . , :w, .. , C a 1��`�.. r "t �Iti�i � 'Z ��., ..t: .. 5'.� � S�i t.: �� ��'• ?' �t'i�.;.»jr'{1��..�•�. �,,, 4; .,.; r•��E, ;��;�ir��;i:. �,: �:,> , af DTC. Payments by UTC Particlpants �nnd IndLrect Particlpants to Beaelicial �wners •�..°•�r;,. �,.{t�-�a;;:��• ,_.; �; :F,;!'%;?`- Y..: = +' �� i{�;��°}'�;' s�.,`ti�t;4:3.�;;;,.� ��i`�;;' ^. will b� gaverned by star�ding lnstructians and customary practices, as is now the case �;;..°_�?°�:��`:�;�.=f����y; '':,;�i .{r'y-%z;(:�.P�:�"=� �[r.�r �:,`;Y,��j,;�,�::.t •?'wr;,i;:.srk;nl. r,'^• �.;.,,". �� ���.,�-. :'�� wlth municlp�at securities ne�d !or tt�e accounts of �ustomers in begrer lorm or registered _,,..,- ,�,�. L. �;• °� 3s,.. � 'r t� i i �.:lt,^':i:c:Yi �"�� . ± '•; If !1 � �,.skyy��.��ft�'i•t.��,��!j.� ��4? sj, ��� ��.�;.F:� ;� =�f��x� in street name� and wiU b� the respoasibllity ot such DTC P�rticiga�t or Indirect ,r�,�.,�fi���<<�y �,?�,�`�:� t.:7:. S `'•�, . i. :,,�[.p `. .J. �,^ t�.-.'.:_n.�� Fr #.,�; . l}F..:' '� �.r:�r � �i ��}� `�'��;:j�.ir �'i� `'}'�:.•. :'�1=:=::? :-� ,;;4 ��i' :..:;t . � Particl t anci not of DTC vr the Clty subject ta any statutory �nd regulatory :_.,;���_� �,�, 4�. '� _�;�, �• , ( } � � Yn `� iL� '3:: '� �' �i�'e�t� .�+';. Ya^`* i ! .} .� 7:^ti4�y �'�7�5�1'r.1..;'w. .::�� °`.��:���;:�?�-�.� ;�.�; `�: :' ', r uirements as ma be � elfect from time to time. The Cf cannot and cbes nvt ve �'�-'4�.�;.� ,J,��>�'�3;-:. `� : t ' :Y. � . i; � , ��� ' �1 Y �Y S� -..:_� r.> �,��..�..t�;; , �i..�-i: -n•:'-}': It� � � � ��' ., ,ii;. �t',�. . ::a'.•�r,K;?' � l,.^u$''$:%rt'x,' �:�•�?; : i ��1`'•,�r.�';�, ;�',`�,�._;• . �f� any assarances that DTC, UTC Particlpants, Indirect Part cipan ! `:3�,;,;x,' :�. ,� �s��: �.a ! ts ar others wil •. �. ��. �.�� ��. V_; ii?•�r,• �a �3.�ik:'kl.� �}'�'-� .:..1..!: A�` 4 dF .4�� ��. .,•:.� .',�r��.r:=.°:��•'���' .��� ;'?'.��= distrIbute gayments of principal of ar i�terest ar aaq premiuw on the 1991 Boads pmid to �_�:,���r. �°:���`:�' ��-}; w�"?' � q R DTC or its nnminee, ms the registered owner� or any re�dempt�oa ar other t�otices, to the `'' �" '� Hene#iciet Avruers or tisat they will c� so on a t#mely basLs or will se�rve �ad act in a '`�`#�'` ��' man�er descr�ed in thls Otflctal Stat�meat. The Cttp fr, r�ot res�aaslhle or [Iable tor the v;':�; <:; ,,.,;,., failure of DTC, any DTC Pat�[cipaat or any Indirect P�rticlpant to make any payment or ,:��-a giv� aay notice to a HeQeficial Owner tn r�ct ai the 1991 Aond� or any error or delay '�i;y? '`' C@18tiIlg �1BICb0. �:';�?„ For ev�ry traaster of the 18�! Honds, the Hen�liclal Ovvner m�y be charge� a sum suft[cient to cover er�y t�c ar other governmental charge thaC mn� be imposed tn relatton thereta. DTC may dL�ntlnue providing lts servtces wlth re�ect to the 1991 Honds at any tim� by gin[ng notice to the Clty and dise�srging its res�onsibillties with res�ct thereto under ap�p[Icable lew� ar the Clty ma�► terminate Its partic�pation la tl�e system oi book- ,. . , � _ Y � s� , t F .. � .. r � � � � , ,t . �. r` �� ����:� ��ti�� ��� �¢� �y. � � � �����*�����r t�,��tt4�� , ��4�����; ���`. `r ��t ii4�''%�;,," � i.". t ;" 4, �'� t..:,��r.:1�«'.s��::�,.,� •:il• y�wf�. ��, � a,��.:�t •� i��r�, ;���"���i ''.",'�.3`:c ��' �v:,�� �� �,tMr r i:�,':t•ii'+r.iL ���s`� s'.a%��:��.+4;�"�;s'k{� i[.�.� °: ; Y • �;'r? �',� k,'�';; b ^`ac::�- Y7�fla'F�,��` �s.�' y s� ,�� �i: {, �. 3 ���ttt; �.'�.;1b� ��3 � r��F1 I R'Ya'��+cyrF f...�, ,�,+� y ii • P ;i. :.��Z��i.��`�t�tti• .YC4{f}:7� � ��,,d, j� � ; 'r � � � , . . . . ' . �.��.^�—+ _- - . ..' � . -�.M�H,r�lj�l�"�h.l:1✓f'!:�6 •:£•t .'��.. '. �..,_�, .. . , . 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' , . , . • '�t. , 'i;�i��1 { .I" ri�.. �!?f� Y:1 .ie.^ .��i . `.s�• >�}"-;�t;yf�.t1� �� .=J,, �' �� L:] .,FR.r'•. �r.� ,•3�. i` . . , , • - . } � y, .'i . . . c , >', « ,..y tiL s� � �s+� .(.. a�t�'y;7 'F �. , r w � �� }i� ,s.:�.°r� `,'.C� L" ih t;` �.Y�,��).�q,�n�4'tit[ �i, :'t� �,_ � '>' , . , '�.�- r� tf''- '>' ,',:�, ' ;y,f��f .t,�..i: Si:�7': �`�' �" �: Z �r . • 1. e • i` '.i � ;,� � .l• , i S"�:' a5� y,) t ��,o? . . . r� C � 1 "31 i'4� �l+'I64i4. �yi2' '�it1, i' .. .4; . _ �!�� :i�i "�r' ,��^� ) �,� �. i •ii t ./�F .,i., ,} -}�,�: .'�. . . il,�� , ,�� . 1 . . s �� 3:;;;r."c�xxxf„ N �3, � r i t=.^� a.i• . i,!��.i:➢7'' . ., ���1. , . . '•}' ��, �r.h.`•J� . a t � �; � i'�r ' • €'.�ti.y r�i�SA j .w��� �'��y �y{.{, 1`{'�t;''�''';ik:':f..i�' .�'I�F '� • �i .. , . , � �'y� . , . .. , ,, �l,1 . ' . 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'�i:'� y� ,7y f . �� . r.��, � . iG,, , �� � ���: . . � , � �� �� •� r •,. . . i `�k i� . . .,. 4, f J4� �`�� . . 1� . . . ,�1 Z'. �i, 4 ��.rr.'� �� '7E"l�". ' '�� � ' � . . , , . . , ,��n'::.�.1 F"� � ��W����� �" i� �:� :?� �'t�t �i��� . : << ^'i; . ' � . . . - . .�rr' "„i�: i.,.i �i'�f�•�;�j�7 't��pl ' , � ..;j��'} �.f •}�..��e' } �' 3•9 �.. �.. , ' , . • ' � � . ��ti,��z'.� ,�ita.�;�:.3;= �i ��� ttv��. �.�',�, t,C;�� � �,y .i:i�:. .. , . .. . . • � .4�p.�.k�-r�.. # � 4�* 1+� I ���, g���ti.l s`; � . _ � .. �.� � � `..:e y'., '�'�.. W r ,.� �, ,i; ; �' .:,; , �#�R��'��ry� ��a ,i, �: �, a I' � ` �j j,_.s'�);'.4 �� r'•�p , •,{�, , . � . . � � . . ' � '.L+',� 4+�'.".�'j��X�i �rs����� 41'��=iyP+'�"F.e'.''� T �. ; ';y1 .,,.i: �:r��'� .,:� ° .i . • , r ' ' ..r .t,.. �, ..y. .�•n r� .� i ",��,�� E , � `• F,>.s�•„�; . , ,`i = � .. �'t - . , � •os° . , ; �,�'�.,,t�"�:•,'i%J':t�'�4 ,s:.�:i•�,w�y, i. . a �.✓'�.1'iS�'.`� }Y.I? i. . . , . • . �f' ��'S � � �`' .Ji �;�.��k���T . �i, p�,;:��,�"� .i'�': , �'°•�5 : ' � � . , . . ` �-_' i ' a ,�<°' �yf�1. 1 �'+ , � :is�.���`:7 '_�� �`. ' , - : � . . e i ffr•J ''i''_ ;f�� :}�.y��`x;..{�" t� i . r � 1. ij•��Kiw.. � . . r�; .�` ;��'.f'.�:`. ?4 � . . ' ' i. ' , � . � . 'S. �y..,y,.itv.i-S�.`�.��� �y��}T � aI� -./�'•i"'� i" F 's'. � . . ' . . . `' . ' , 1•li��' .r..,���,�,��}{:i � d.:'y lf� ��•�` 1 s�S ,' ��7:..;f`f', i' : �:i:5 . . � . . , . � , � . ' { ,. '.`.S3'iij�RRn�.Sw:g. . :' .`� � � � . . . .r �";< k�.;S�'��.'u,� � is'! -�� �(,�•� r• I �f , ' �,�'.�� E��•��,`'�j` ��' . .. � , � � . ' ' '• r.. '���1.#r.S��' �rr�'� ; p'' . t 'f�• � � � .� . . , • . � . . 1 � �'."' .��ii>-.n4��F��r�.�!� l� '; '� � ' � ' . ��� �,> � , % FrPe�a� �� .�i ' ,: . � , ' ' .. . � . . . ' . ' . . . . .;;Iiysf�l�T�r�i�•Tt�r3Y��;j'ajt��j'� ![. '. - �. � ' e • , � r ' � k' 1 • �.'y�' ii�e`,+�'�����,�1i�� . . • .` ��� �: }I1~ ? 1) �{��.5.. . .. �' .. . , I • . � •f ' A�• ��• 1''��'�•pi1��lty^xa*, r t � . � . ' . , . . , . , �., �.t ,;�. , _.. , , . , ` �;"� �"-Y� �� ;.'� . . . :?Y`�+•: , � ,?,,�� ,i . �'. . � . ,� ;,, , �:�;�;t;? .. - � � , , . . . , � . .� ' - .n' c;z� , � t i... . �. ., . 1 '.5:.. ��'4 ,; �: .. + ' �} ' . ; . .3' ' . . . . . � . .. . •;.,, .; t,.,,f�l. . . i ' ' ' . .i:1��`.'::.^=:'�i . . . . , . � . . ��r+g��{ �.)/����/ 'tiriy�' eK''v ��i ' . • . Y�wi.y.S�wLi�LYa`.��'.2L"l'La1:::..:L_s"..'l:. . ,�_ .:.t— .. .. . .. a. ♦ . . . . . . . .. .. a . . . . . . . .. . . . nR:.1�.�.:wLs�w�-:•Awilf ,�Y.MWFir#/�iL�.W�� , .� . _ • 1 r Y, Sr f , ,� _ . �...... ...a_. r u_��:".'?�Y.•.y krti; � � .i . . � � � ' � , ". ' . ` '' .. ' ' � . . .' � . � , . . , + � . .. . .. � . . J, . ' � , . � % �, .i., '; .. ' �� `� �-���'� �� .. entry tran.ders throt�gh DTC �C any t[me, Upon recetpt by the Ctty a! w�itte� natice � ' • ' . ,'}� ;�� . . . t•,�i,:;s'`.. :' �,�3', . : � ' - ' . -��� ,.-` ,'. ,,{ ,r . • � � ,.' �'' .. � s. . :,��;� ,, j ' . ��''. • F.. � '.x1; •.,-r'.:' °� ' . `: � � ' • ;i. 'f�'.-�t:i '' ,t��� . ,,.: . . :,t:'���:�.. ' i. , . : ��t� : �, '.j'� ..L".;.;..,r:s�b; ;1 ,��•, y �. ,; .2;� .:;; . , _�, t • i '..,�. '�' ` �;�, �i� `� ; F°: .�,,:.�:�';;. ' •�; ';�. :;;� <:� :;, �:,,. .. .• ',' , r ' � 4'• f s�. '�� . •'f x . � , ��. • � ! ' � ��''', � � �`t� i :. �I ;�:T;�.�I: . � � .. ; ,, ; ,. i ) ��4 ;�� F� � � �i-. '�l 1+ •' 4� � "� ,.;i, ..�i � ,};; I ��: �' <<`I �.• �'�,: :. ..:, �Y�.f�l. ' . "' t' . ; � 7•�,: . 4 "��:'�,�',.�f. :. ti. �S S' �' �L w ��,.�. t ,`;�;; ����, -.t`:$� ��y, : ." . i. 4 � ^Y� . ��ti: �y•';:�, � � '•�'`,��.`:,`:,:,�. �'.?. . �`. } ,•y� ��i"°'���' `' f �'�i,� �`' �.�t�' �..�.�.: ",�C,.�`'1i�+:�-s •��. ,`":' �,4' ;:,�� : ; � �; ; ;;>�, �,�; A>,;i.i�, ,;' ��'.. : n,, rt' S 't', ::4`. ,�!�,° :.s< �;� ' :: �. ,,�1; ��:' �.�'i i�T ' �'%��; ',;J'i�- ,'a`'. ,k.�. ;t. r;: ''r''. : v. r k� ,�" ..�• f: =��. , ,,, � : ; ; �. ., � �; r ;,,� ; ::�,,� ;� ��: ' oi;;��',:1.'°� �:' �- °" ; , " � ..r �.r::"f, i.,.�; . �i^r �'��„�st.r :�t�''•,.h,'• ;a,; .'(. i,;.. :f:�,'! �.�:��'tri,�:�..'s.';`',. ,-``. �; �' ; ���:�� . ,�. -. .� . � . , �:} '� Sl��t''..��:'iR1.Y'�.:{ (`':.•�•.� •"` ,: :.�:'cfSti�j]1��Y•�1�'*�:P'��, 1'f:.i���;s:y,i'%. ',.a' 'i�r'4�i:;",Z,`4�Lp<yrFC?�I ��y;i3., ' . '.��4y�yi�.'�{ t'j�`a��+?%Rjr �f,ln,� � "A;�rF,S�i{`..':> ,"�;.�; l'a i�r"i..r wi�L•:5��.•:'.�.)fi�t�i �;��'�f.�i.� _. from DTC (3} to the etfect that DTC has recelved written nattce #rom the City or trnm Parttclpants 1�aoiti8 lutecestss as �hovvn In the r�cords a! DTC, in an aggregate princiga! amount o� not less than fllty percent (50� )ot thc aggregate pr[nclp�nl amaunt at the then outstauciiag 1Q81 Baads to the effect that � caatinuatia� oi the requirement that all ot the outstanding i991 Honds be reglstered in the registratiaa books kept by the Bond Registrar Ln the name of Cede, as aominee of DTC, is nat�ln the best Laterest of Lhe Henei�cLaZ Owners o! the 1991 Bands or (li) to the eifcet that DTC is unable or unwtlling to dt�charge !ts res(wnsiblltttes and no substf tute de�posltory willing to undertake the lunct�ons of DTC heretmder can be fountd which is wllling and able to undertake such functions uport reasonsble a�d cu�tomary terms, svch 1991 Bonds wlll no longer be restcictefl to betng registeced in t�e regtstratian books lcept by the Boad Registrar �n ttie name of Cede. as nominee at DTC. but may be regfstered in whatever name or names regtstered owmers transferring or exchanging such 1991 Bonds shatl deslgnete� !n accordance wlth the prov�sion5 ot the OrdU�nce. Ia the event that such boak-eatry-oniy system ts dtscontinued, the ffl:lowLng provisIons will apply: principal of the 1991 Bands and redemption premium� If :�ny� thereoa wlll be pa�yable at the princlpal corparate trust otftrx of First U�lon Natiorial Hank of Florida !n rack�anvWe� i'lorlda (the "Bond Reglstrar"). Interest o� the 1991 Hnnds will be payabl� by checic or drait malled to the resF�cttve addresses of the registered owuers thereof as shown oa the reglstratian baoks matataiaeti by the Hoad Registrar at the clasc oi business on the 15th dey o! the month lwhether or aot a husIness day}� next preceding the interest payment date for the 1991 Hond� (the "Recx�rd Date"} irres�ective ctf any tra�sler o! t�e �991 Bdtds bvbseqnent to such Rccord IMte a.nd prtor to suci't iater�t peyment c3ate uniess the Clty Is in default [n the payme�t of Interest due on such lnterest �yment claCe. In the e�eat d asy suc� defatsit� the defaulted lnterest will be paysble to the registere�d owners at the close at bus[ness on a specia� Record Date far th� �ayment oi detaulted i�terest as establlshed by notice mailed to the persoas in witos� mmes the 1991 Honds are reg'�stered at the c�ose ot b�,5fne� on the 5th day preceding the date of maUing. The t991 Ho�ds wll1 be isstted only as regi5tered bot�ds witho�t r,oupons ia denomingtlo� d�5�000 or any integr�l multipte ttter�f. Tkie transfer of i99! Bonds wfll �e r�istrable at the princi�al cflrporate trust offlce oi Flrst Unlon Natlonal Hank ot Florida �:�oa the payment o! the Clty's and Band Regfstrar�s reasomble fees a�d t�aq tax, tee or other governmeatal charges requit�ed to be a pald with respect to svch tra�sf er. Ral�mPtia�a Prq� The Boads mnturing in the years 1995 through I99�� Inclustv�, shall not be redecmable prior to their stated dates oi maturity, The Bonds maturing September 1. 200D, and thereatter, stiall be redeemable prlor ta their stated dates aZ maturity. at the aptio� vf the Cfty, in whote or In� part, and i! �an part, !n �verse order a# �aaturity, an September 1� 1999, or �n aay interest paymeat deate thereafter. at the redemptlo� p�ices (expressed as a percentage ot the pria�lpal amount ta be redee�med) 5t+t torth below� to�ether with a�crued fnterest to the date ilxed far redemption: , .. . � �a \ 1 -4- � m i.� � �:. r � ��. � ,, ,;,', t , �+. .. .� ': i ,; Y�r�. r �. '�,..r u '`; �..• �?��'�� '��s �'i�"`,.�'`''"���r�:'�i''' �"••r•'.�f'..i�?' 4c-;F. �;13 .� M'�`� �.."t� �;r, � +� ,.�, f,���.:• , ��t' '.°�iic�'3.�`:.�t�c�'�Fti�in�-:.'. : 4�.1i.��k SS 1L` tL")�'�°;<�l�.%�;�`. 7 �. .�'p�S�M1fei��`_-�'P'�f,a 7p�,: � � , `.�,3"' i ;'.�G`{. ?��' i. 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" 1 s• _; rl�, r.r�+y�«+Mi;�j�'�`; . � . � ' . � . �... _. ���.. . � �� � i � . ' ��:X+�L.'w:w�Ls'�..:.Y..:a:tw:..r....�.. -..__t-:s-_ �.. _.....,��..�,. �.. :. , ,� ... . ... . ., . _ . ._ .... ., , . . . . .. . _ ,. . .. . .. . .� ,�... .., ..+e..�:,.l..:�,..:: 1..wL:S:�:.�r�.. � 1� . :y;.• ;. . ' �,� � .. � � . � , , ' • . 7', ' , � .';�,i. `, , _'� ., . .. ;i' r ,+�.,',H'• a�; .. . • ''" ' �'{� . 'i'` #. . . Redemptlon Period Redemptit3n Prlce .,,� �� ,fi' y•.:. ' : �.:;�.�.;.,.; �,.,•,, : :. ' �l -�. .�,�� � �. - - 5eptemlxr l. 1993 thratigh August 31, 2400 �d2� ?�r : �i, ;s ,' �• i t �` ,'> �'�7'_' 1 � � . . . r' � .. � ;'� .��. , �:-, ,�.. ; ( September 1, 2000 through Avgust 31� 2�01 101� .�`'' : `:`;`S r: - i : �' ,"., :. '��� � ',;'' 1 ` i y'� .'�;``�: .�,` ;�;' ;•;' ,�. September I� 2001 and tl�eresiter. 100� l,• .l,j,' ^'i ,_� �� . � : � _: r:�r'- �.:�„" =i,:•'�. , � .� . .• �,: :.� .rr1.; • ; ; .. '': _''. ��i,`�3�.� �:,y ;:'; `;>;, ;�.,;r '. f': k M�ndatur�i Redemptia�n. The Term Bonds maturing oa September 1, 2009 aad '��'•� `�'''��� �' ��. ��� �:F�. 1 September 1, 2013� respectively, are subject to maadatary redemption in parC grior to ��' e', ��,a �;^;.i': �tF� �!,�;.� maturity by lot at the princlpal amotuit thereof (wtthout premlum) pl�ts accrued i.nterest ''.�f�'°'� �- •-:'"'• �-��--: �`' ��, A�' �� ta the date of redemptton, lrom f�nds which tt�e City has cavenanCcd to deposit !n the i: ., •.,` :�'���"`'�:`', �,^_: "� ;� Band Amvrtlzatton Accous�t in the Sinking Fund in the amounts and upon the dates : .�r'���°;'_":-:;�;:;;•'�s�� '.F'i�..:�-. '�`�' � speCl[ied as foIlows: `.,'� .,ti�.4�=-`�', �':�; :_;: �t S. �i • l� �} i a ^y �5�� E.��,' ': .: ' .b� 1. w��;;: �.: s.; :�,�; ;�:;..� ;```,�.: ,:� Term Bonds Due September 1, 2009 Term Bonds Dus Selptember 1. 2013 . �j:,. . . . _ :, ,f•"''•'� �� n.r'''p.''' �:'',�"'.:.;,�;•'' ;�7;� r�`,,��,:Y;;r�`�i ;;�:-,z.#;,;��;;L�,� 's i�� ��,-;.�,u. `.'. M� Dste af Redemptlon Amo�nt Date af R�dem�tlan Amount r'� .�r... :. ;t•:' =�;i,r.�"-.s ::i``'':.i`i;.'; : ,. " =' .�'�:: ; �:`Y:';:'; :�.. ;�3;,,:�:::;;•: �� :;;�. September I, 2005 �l0,OQ0 Sept�mber 1, 2Q1Q 5�O,OOa �:� : r: %'n.; �, y'��';s �f;` �� 5_ September 1, 200fi 435,000 S�pteaaber 1� 2QI1 595,a00 `�l°a�'���;1`` r��� :'��;��"�'+;�;��;.?�,",,•.�=• : i;;:r. ; �:;.,,3,, `.,+� �� . �� ,,,.�:,,r =r : 5ept�mber 1, 20D? �65,000 September 1, 2012 635.0()Q ��.:�'�'�����:;�;'��;�:;`���`�µ._::� `=r:'.;':`: September 1� 2008 490,OU0 September 1, 2013 665�040• :;;i�,�. :�;��':. ;'`��` �:� :;t�°�'•F September 1, 2009 525,Q�0" � , . -.�, ;,�„ h;ti��'�4'w:Y'.` -�:,��r':i':+�` '� �'-,�.'.? �},E�::�,�•,• ::�.. .i`...�.C�:., z�.:{.YY..�.:�.. .�T.'.'6'�a..,f �",°� . SI �.'n . ;�,�;;_;.�.;� �,_-:. . �r:, .'.�: .. ,rt•,Y„;,='�„°`,;°- •Ffnal Maturlty ' �.,,;• � �.,> I�•."��'�5~ ' "9; ;�i�i���=�Y�:..•,:•j�;�♦ ;��,:� �- ="` . •sr�.�:�'� �ry:, f.� �.1��. `i.�,�����. � ��t"},�:'E.'Sr:.. .. ,.�u. ; ��, . :, � � �r,,,: . .�..,..;,�.,,�,... Mone heZd f r e t A >;_:;;_'. `. ��: ��,•, �':'."'.: ,' '�. y o th credit of the Hond Amortizat on coount is required to be �; .�, .<�: �;..:, : � �� �° : .. . . , ;�• , _ � . :�:;.%:�i.`,,�;:��.r,=;'��,`i`� ��.�;.;;�,Y� �'�'�-` � apPIied ta the retirement �t term oblig�tloas as #ollaws: :t:. ^'�4.#�.';":a'►'s :.; �'�ti'�. _zi....,��`y�. _ P'`. ''_`� `�; •' (1? Sub�ect to the provi�iQns ai ... <f ;; �aragragh (3) betow, the City may ptsrchase �,.� �,, ;. . : ;$�x�h::,;;�..: Term Bonds then o�tstaading at the most advantageaus price o�tainable with reasonable {� -���� � dillgence, such prtce nor to eRCeed the princlpal of �ch Term BondS Qlus the a�cnted �������i�``��= intere5t to the c3ete oi dellnery thereol. The CIty is rcq�eired to pny th� interest accr�ed ,��_.}�::�=�:::�-. ,�;y ;:;_,��; on such Term Sonds to the date ot deitvery Lhereo! fr4m the I�tere�t Acoaunt and the �a�=-���;,_:; purchase price from the Hoad Amarti�atian Accvunt, but no svch purctu� may be aiade >°�;� . h����=;� �:.�;� by the City wttihln the period a# 4b days immeaiately preced.[ng any lnterest payment �_ ���:��:��'�� date an which Term Bond� are subJect to call far redemptloa, ex�;ept fmm moaey ir► Y.,��i;���. *,�,�,H.,_j:? excess ot the amounts scC aeide or depasited for the redemptiva ot Term Bonds. (2) Sub,�eck to the pmvLsIons ot paragra�h (3} b�elow, whe�ever sudficient money is nn depasit Ls the Hoad Am�rtlzatian Accaunt to redeem 55,000 or more princlpai amaunt af Te�rm Bonds, the Ctty may call for redempttoa trom m+ouey tn th� Hand Amartlzation Account stcch amownt o! Term Hoads then �ubject La red�mptioa t�s, wlth the reciemption premium, If any� will exhaust the motiey then held Isi the flnnd Amortizatioa Account �s n�arly �s �aay be practicable. Prlor to cal].Erig Term Hands for r�demption� the Clty is required to withdraw irom the Intecest Accou.nt and irom the Bond Amartjzat�on Accaunt and s�t aside in separate acoounts or depc�6it wlth the paying agents ihe respective amounks required far paying the fnterest an and the principal a[ asid redempti�� premium applicable to the Term Hond� so cali� !or recfemption. -5- � � _ -- -- �'. 5 �4 } M1 ...�...t•�iS,SF'�,-•. , `�� �� . ' 7�';i, G: 'f , k : � , � � � } .l ' ' . . �t . '�'t�� j , ' i � . . . . . P ' r.` . .. ;� ..�, � �,�` � �. , � . �r. �"_'ir, -.'y', �' �''7 i; 7f. S . v:..q,��� •'�g^ ���i't1' ..r** ac.�.4;�� :ik: „i:� j•,,: :. gy;,�.',4 .w;�''l�t:.��,3J5��,, i ,�` ;�'ra '� �si4 F:ir�' £.CM'���l,sor : � Q � . � �y1}. ti'i i ' �� , j :i .. �! 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' .� ' `j'�t ybiJri�!�°���it'.t��� y� � � ' f�.l;� '�d�i '- ;•^t'�:�..� t�' S :k` f �g} � ` v -w o� ., ,� , � . � ' . . . 6 . . . s , ..7, �' r'` t < j',`. : . �,i 7' K ' . ... . , ' ' . . , � � 'S � ����;;� . . . :Cf;'fi��i??��!�'.'1�.Aa�yrtF�.' 't,':�; , . j.' , . .' . . . _ ' ' . . . . ,n �� ' ryl _ `l'; }. r � . '��:,'}` .i ' � s}' �1 . � . . � � . . . , . . }�� � � �',Y,�' ��1;4 ", �1�t���'1. s , . . . � � � . ' � . . � � . � . "��j'••:��;��i'���5,.' �, a`s, .. . . . ' ' . � . � . . . , , ' ��`.,.' . ' ,t''.'.�'�'�•.:�,IY�M'FR• �`, ' ` � ., ^ • ' .. , ; . .. I�. ,•�.� �.��'V��.S<�' � . ' i �. i1� � � ' . ` � . . ee .�,,y�,Y� ri' .• . '' e . ' . � • ' , ' � /•,�/��' '� ' . ° ' '11 Y �4.. 1 , ' • ' ' l . . � 1 • � . , •! , : 1 �'I "' � • . 1 ' r . ' . ' , . , . �• ' , .l; } �� . . . . . . � , . , ; ','. . : ; . ; . � . . , , ,, . � ' a :'i. i . ' ' - � . . , ' �� � ` „ � L�.`"�.YL'•.:.^ �a...x..:..�:..;.H....�+.r..�� .�... �.,.K . . .. . ..._ . s�,..,. _....r..... . ... .,,... , � ` �Y,,�� �.� ::, ;. � :� ,:$ �', .� ',,�'. :rl.i, n1�:4�''I'o, .+. . . „ � � . �� i � ,. , : '. ._ .. ,. .. ��. . -..._,......._.w.�.':.,:i..�:L �'t j;'r:..' . . � � . . �... . ..� � ,.�=.:�.:: �: �:.• :'. �,�. �' �. � � #31 Mauey in the Hand AmortfzatSos� Account Ls requirecl to be applied by the ':�,'?''c.-•;'. `�`° �'.� � ; City in each flscal year to the retl.remerit af Term Bonds then outstanding in the ° �: � � ' , � � � ; f oilowing arder '� ;��`i:f .'- r: `,,;, •,; � � . � . µY- ��:,,;��-. :.;.:, ;=.{ .. ., {e� The Term Bands af each series af Honds, to the extent ot the ..,.,��;.,.,v,. �:,.:.�. � � : �t.;:�,•..:�:. �.,..�_, �; ;.=„_ , � Amort[z�tloQ Iastallmeat, If any� for such Fiscal Ye.iuu for the Term Ho�ds af each 5uc3► -`� ``� �`'.�;�': �'t� `',:� � `�'t-�, � a' � series then outstandinS� Plus the applicable premt�m, 1.f aay, and, Jt the amount avallab[e ����� �t5 �S• .X'. ,�i•'��j . 1�i..Se � :,�';` ,, .,��� ��,,f.., ' r.�:=:��:�.;.:,; x�• !n svch Fiscal Year shall �at be sutliclent thNrefar, thea in proportton to the �'�:"�:`'�;�,�:4'-';�:;;,'�i-���`�•.= �: �:'��� �'- Amartizatlon Cnstnitment, 1! aay, far svr.� Flsc�l Year !or the Term Honds ot each such f� �?Ei y�,i" , • � � ::x:�.,;; ' � l:;" . : ',:.' �_`°' " ' sertes thett outstandInS� plus ti�c applicabl�e premtuaa, i! any; provided, however. that i! '��`�;���'i��i.`<,�:T'�:>s �;i�� `�''� ',�: tt�e Term Bonds af any svch serles are not then sut�Ject to r�demptton trom maney tn the ; .tio .''.,, ., , , ..: • ,.,. ' <'�'�.�, :�,::;�,=,,;ti �'�,:. �_� = Bond Amartization Account and ii the CI�y is at any titne us�ble to exhaust the waney �• . .;,'_ �,:.: �:' .� ;�',.�:<;.. ,%,.':'��,� $PPllcsble to the Term Hoads of s�zsch sertes unc�er the provisians of thls ciause ar !n the ';�� ��r � 3j� `f purc�ase vf such Term Bonds under the provisions at paragraph 1 sbave� such nuaney or - `~ �:1 ' �:f ��•:M�'�.., .i� •�.. - • ��5��� :�`,�"�;r� �,,;,i:� `.i!'•: °.�';:.,;':;:'�.:_ the baiance of s-�sch moaey, as the case may be� must be retalned in the Bond '�f• 'j4` .i:.�.^: � '_`�•-;:;'� w;::?,;:>',�• : '�� ';_ ;�' .:�" Amartizatloa Account and, as soan as Lt Ls teasible, applled to the Term Bands o! such " >'s-� e � ' ':'' ':;:',�;'�,�;�� ''� series. and ' � �=•' ;;,t.';i;�' ':`��.�,}.' ..;. �' ^:�:;°,'�^�� ;, �,`'.;_. :��r �;,; ��;'�:;' �, -•; (b) Any balance thea remaining, other than money retained ttnder the ,• � � ;•, ' < ' � ,, ' ',.;,'`,'` �-!'' ''•� first Cisuse Of th�s 8 �.•.. . 1�'�' Ph 3. iS re�uired to be app�[es1 to the retiremeat of �tch Terrn �->� ;,5;;'.�'1 - Bonds as the City in its 5ole dlscretton determines, but anly, in the �ase ai the ���•� �`� ��'�:°�.. "�� �'.:�,�' "���� redemption of Term Bonrls a! any series, ia such t�mounts �1nd on st�ch terms � mey be '. 'd. `..�. ..�,.��:' . .; ' an.,+� y . '.i^. ' '.�c'�+' .ti.'�,:."' 'a . �E;~: :��," Ec?:.�'��:'`S a.•: :, � �; providec3 in the resolution or orciinaaee authorizJ,ng the issuaaee of the obllgattc:n.s of s�ch �, ,,.� _s, ._�.: �,: ���; :,7 �ifF'� �. ;.,:, � �;"� � = �� 's � series. . �n'i,.�° . .,':,�[.,�: .�; ;? .i�:""G� � �',`.. 1.v".i��•�Fa�;:n�N� 'qR 3 �• :�?�':�' ; r' �:,-,:...: �. :. .' ;. •.., ,:: ihe City Is required to pay from the Sin�ing Fuad all �en5es ia coacection with .,: f, '<.^` i ":r .'�,; x ,��.� ,?»: : }. "• '; v �;,;; �•; 1 :a '" ��r"'.`:� r Y� � ���i.;;�".i"..i�,�#� ;.: � ;.,; . .=,�` , :� any such purch�se or redemp�ion. ��Y�r,i'.. .�3�3.� �.�` .•�1,4 Ys i • ��' �ir� ; I+ ',�i:..c_.if•J:��i' .'.��7�!'�i'i.:i_!'..... .. '�i,-'S r�.� tl'_r'.!. a�..�.:"•�•••°•�xlr•,y�� " j.�� ��'w :�����ir� '�:'.o�:.�.�';.��..� �. �s;1'�,. E�. 1� :. .. w �r.�.. . `L�`y'� --�'t';' ' :�: �''•.'� r . � � l : 4y� : : f�,...��'9;:�;.�,����:;.ktF_�,t, .�,h��;;�� :}.��,''� iwz �',:��'�;,�`.��:,.r;,.��,�';:•,r,:. ,�y �;4 ^�;.�ti° � :�i, ;;..�..�r _,i j,` : ;t °;;tt � '�: f�" �'`f .. �;�r:�; :I -�,��Y,`'�`��'i �'i�'•5�,�`':`f.v''°''" ��.4: : �' ���i�>F � �yf'i`„�i�i�. .� r $f•� �1''.`" ' ,� 3) t � � } e-� � : r.;Z::'r,g^; �i•:• ,. °' �. `��}4}�1 h�'f' d.'�.�7i i{:i'" � J, li'A .�rf � Fif. �' ��''((� S� �itc7.��`,�°{��. .r.!�v:��3�4�i��k;,a;.� ..� �*�T4�� �.,'�S�GrP��S:?ai-��e�f�l�v�r.�� �l.iC.l yi � li N 'f.�'-�rS�F�y,_ Yr.� +r�': y � .:i3;�i elix.ti, r•.��::{;i.: :h:�'?�;i �py+�r�f�.x�S;�FV t�f�"+'..��j�r:,�s •�'��s' f•5�• �' �a ��'Zi7'�' ei4 �':; .` ST � ,,�,1� iJ;r . s` ,`i:'�':', -r.� t F � ��,4 ��„'�� '�� � � ? 'i'�`! v,��'�' ,�l �-+_� � ;� s.. h � , ��: .� •. - � � ^�;�� �y�j ' A� •' ' F�£ :'_�:i1'`�-: . �,. �; '�*� �}�,k�{,�,�`it��:: r �.� . -. �.�, � t§ �T t�'��'�i'� �r�1`:.C'' +`rs":�i', �� �tr� ;�;'j���:t �F:��;)'�n����yr;: r1�..�'F ���Ss-�,�)<� ��tri� :�,;s3? _ .�:t. ��� Tt:e payment of the Qrinclge�i ot a�d �terest on ttte 199 i HoadS �s s�ecured equally and r�tably by an inevocghle lie� upon snd pledge af the Net Rever�nes derived by the City from the aper�tton af the System. "Net Rcveaue�' i� deflned in the Ordinance ta mea.a Gross Revenues tess the Cost of Operatioa ar�d Malntenaace. "Gross Revenues" means alE moaies rec�ived from �at�.s, lees, reata[s ar ather charges nr [ac�me derived from the investmeat af tunds, unl� atherwise provided in the Ord[aance, by the City or accruirxg to tt in the �ration of the System! all calculated in accordaace arfth sound accouatfag practIce. "Cost af Operation and Malr�tect�nce" oi the System means ail current expense�s, pgid or accrued, f�r the op�ratian, maint�usnce and repalr ot all fBC�litl@S Of �i8 SySt�m� as calcuiaced � s�oora�ce witn �acwa a��ouatt� �r��ti�� �,a incl�des. w�tt�ast ilmitin� the generallty of the forego[ng, i�nsurance premtums� admi�istrative e�n&� ad the City related solely tfl ttte System, Isbor, cost af materLal� and svpplles ;tmed for c�erraat operattag and charges tor tl�e acc�mulation at sppropriate reserves ior c�rr�nt e�enses �ot annually recurrent but whlch are such as may reasooabiy be e�ected to be �ncurred in accardance wlth sound accousat�g praCtice� but excludtng any reserve for ranewals ar replacemen#s, for ex#raardingry repairs ar any allowance far depreclaUon. The i99I Houds are further secur�d by a priar lie� an and pledge ot the moNes an�3 investments deposited En the Funds and Accounts establlshed by itte Orc#ingnce eacept for monuies and lnvestmeats deposited in the Operat[on and Mainte�ce �u�d. � s � • , ` ,l,'.�° � '' ''1: -.'� ";'���-;• � , x ` ,.��r�:� ts,: �y � � � 'a =., • ; ��: ,: . � ' :;��;;;�;� .�..,,.,, �,�.r.. � y,,� a•�r�.��� .... ..... ,-�:s:e,:,�.2=�' " ':rey :i�;' 7f}'� f 'a'"�' . � ; r:�, t�., � .:t�a� iw'�tFY {J�:.�iS�.%�i:[ �:'1���!`j �iGuL':^.+..t���� �r.��� � . Yrz .E�� � 'tM 1£ �f`� �,;�' ',f'� .�''yt ' . • , x I �' � ' �� , `•�.�a. iii �s v , � ',�4 �Y � . ,�. •, iJ f �:{ � � :, ,� '. 1� ..j { ';, i .. t .� �4r �� Z� : i, , :' �� , .3 �, �.r �...,3 �: A� �T� � � � � • � . _ .r .. . , , .. �. .. r -:. , .';I�m.'k+;M`�Y�+jC�. '-1", . ,. -' ' • s.k�, � ' :°ar.t,• t,..� ..1... ..�.�.�.�Z.�., .n. . �,� .. . , , . . ,. . , . , . , - . . . .. , . � , . , -:: ' � ' `�µ', � '- .•' C. ♦ . ��' ,. 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''L' 't`<"il�".;`i�'�..��.3e . ,�f.r�'�.��,;aS..t,�'�..��'1:�.'i��..�=S °�,.. , ';`, . , . � : . , ,'_ �_ Y ., I.� ',i'?�e;';r:,..f'-�s/�.�.y'4 ,}'tt rs.a t �r .' �����: t , , � . . . . ! t '��. .° '+� �`y� ����`�%9f� �5�+'y'� :•F'��.: .y • . . ' . . . . ' . . , . . ^ ' . `� !y:ltf�i, .i: �1,.�'�..�E`/���N.f'C�,Ii:F,?���y �,:a' t � . . . . . , .. . . ' , . 'S , �w' '.1.' •I%l. 1�� �5`1 �Sif;:s� �'j , , , , . . . %, .r.�k'il' 'M . . , . , � . ' .. '<':�, �`��•`R J� 3 � j��: �`�:V �'i� � ' ' . • ' ' •!�' �i.r�)Ifif.�i' '��",` :J, r.y..;� ���'= y ' . , t . . . � . . . � ' � ' , ; �i'y�:'F�. :���. „�.'�•, . . ' ,1 • . � . � � . ' • ' , `' ��(' J'°' Y � � S , � a �t . ' ' � . , 1 ' ��y'�.S�.�i: �,F�;,.'f•'t•�•����r`l�. , ' .'' . , . . I r,� , . .. � .�� �, .5: *. ti i,. .. . . , , , � � ' � . . . " . ',,,1+.` �' .� `'' . ' ,� . . . . . ' ' ^ . . ,� . � , ' , ,, � . � ;r ' ;,; _: � , _ .. �: , .. ., . .. ': • � ,, a� ,� �..... ,, ,�,�, , � � ' ' . ,�. , � .� � .� t �' „� . , - ' . .. �. " i. ' . • �a.�,......_' �.,�,.�..,�.�«.v...�..= .............. ... ... . _ ... . .., . .. .. . .,.... .. . , . , , . . .... . � ' • . � � . . .. . ..,. �....e.,.,...�::.s.x�:»'�;. • - : ' . . � `� . . h�" . . i . . . .. ', ' � ' . .} . . � . , F r.'.'. ` � `' .�", ' • , ,','•': . 'y�'.�`.''.,,""'.; �,. • • ' `,F::`t•' y ���"'�":;., � ' ' . �.�1 . F.,,•.... �r,i� .�'�t.� •1 j ' • �• ' � ` s 1 .e '�� � : 31. '?' s'z :\v�. F� .r. ' ,. : -'�� `. �c- w�;�.-�,�..."i,;�5.�,;....s�. :.. �.. ..:k''�*�, . . . . • r�° ',. � :�'�`:;';:, `-�.; ~� :�- .i" . � ? A Reseroe Account within the 5[nking Fund tu�s b�en establLshed pursuant to the :`.?�r:."1,:;:.'t��;;".,` �•�, I, ,, ��. ' .' Orcilnance. Within the Reserve Account� there will be establLshed a separate sutxaccount �'.,�°'.':'�;�°.: ." ;: ,'�.��''', .. . �l �. .�S �t � '1F`S��' 4� �' � �', � !or each serie� of Boads. itevenues must be applled by the City to malntsfn ln each -�°��� ��=�:; `�:=a�-_•: �; , �._'i''. ; . ` , C9 ','„' :. . t'...� ^ ,�.. �s. . ; ' subaccount f�n the Reserve Accourit a�mq�1ual to the Rsserve itp�1ulrem�nt !f aaV for '.>-.� � �t; . � ' . r � � . ' `�'Y `."Y f J f •.. , ip!.:r•:::�rv:�i,y?i'`'�w� �-oi�� , � "`�� � ��. • ; any svbsequeat year an each serles af Bonds, which sum wlll initialiy be deposited therein , ''.ti ;• -";'',�, f,::, �,�;�'�. ' :,•Y �•,ti-`.=; :'�4''::. �; • ��� ,'�: ,� � � from the proceeds ad the ssie o! tl�e 1991 Buads and other iund5 a+i the City. To the ��� �;,;; ".d;;':�'.;, �'"�='`�; . � ' ,' 1•5.». J '3t�95°,� •t `�°` ��' . '� exteat the C[ry determines p�rsuant to a subsequeat resoluti�n to fu�ad a subaccount r" "�"�'�'�`' ��' `7�7y��?s� ` '.�: � a-: � �, ri n,�-�: r. e.•. ' ',;., wlthiu the Reserve Acoount !or a espect se es Bo ds, e C�ty ay p ov e tisa ; Y.��.�. ��:�,�•,' 1�,: `• � • � r ive ct af n th m r id t ' l`� '��` `���t . .�� " i , ,�tm�t:.����4.•{.�..�� 1A'.i.'��1 �1. ' 1'.'.�: � J '. ; �.7�. 1.' ``l bS. 3�� s1��V,J���S'.' V •�. � r• •', . the dlfterence between the amnants on de t In such subacoount and the Reserve ._�. �'.#� R��°,; ��y'��'� 4 ' pp� �,� �,r� ,, �� � ;t_ �, �',,� �` � '= � Requlrement #ar such series ot Honds sh�ll be aa amouat cnvered by obtalning bond ,;; ��;_`,��.�'���;�'��: ' "'' • ' lnsurance issued by a reputabte �nd rec�ognized mwafaipel baad iasttrer, by a surety bond, :; ��5�4 ��:h•�`�=';�•�a'', �,'� ; ' � , �- �. ,. . �` ,�1�� < � b a Ietter af credtt vr an comUinatton therc�at ar b svch other form o�! credit .s���4"���''; `•''����; �� ^ '� �� Y Y Y t�:� � N.���� � �-,: :�� .�° , `, enh.ancement as shall be approved by a resolat[on af the City adopted prior ta the ��f�� :"'��"�' ���� .�;;�� �� � �, � .�' `. Y`� �1��� ce th series oi Bonds fot wh3ctt such subeccount ls establlshed. Suc re luC ��; ' i����w{:��' �� �` � �'• ' C:��'.; • '., . �: , .�t'.' � (.y��p� �J tl SO �dIi 'r• r.('.n ey � � ���•j' �� i��',R �L . " . � ��iW{{ �i; � f I i'�T.��� � i'� � . �.1i�. � �1 r "1' 3.�:.t�1' a�;:� G � c.�,. "3"l:. i., , t. "�, � �,+;4:��. �. •;_. may alsa pronlde far the �uhstitution af such credit enhancem�nt. gor further rt, .��t�����4�.�n��'r�; ���� . .. �:�`,."�?4�r�`,��w(,�ii� �`�-,�,'�� informatlon conccrning the Reserve Account lease refer to the sectioa eatltled "Flow =:��`-�`'�r�';�g; ��_' �'.�.` ' � P � w����..�. �„�: �: �. � T ' �S '.z�; �� q..+ � �� . s�,;<;,,: ; .,. �.�. -,'� � • � , �; _ of Fund�' contatned herein. ,:��M�: � � � , .� t���� t.,. �'n�.r'µe.� 4 ti� J �,. ��� � ' . . ' ::�,°.' °�y*�2` ��: � { ,� � '���,V, ,,'sy�'�t�i_;,:: . �: .{� ' ,.Lvf:r<.�,ti«�� 7r• y�'r. .�r .h 5�. � 1�.: �� �' !�'',1���1 � K' Pub� �� � i. ;��.a".;: _;•: i;�;.,�; :�::; "'�� =,'4 Notwit�staading any prov�sina oi the Resnlutia�n to the contrary. money�t in each ��,;'����'�' ��v��,�� '��<� • .,:` :_`� ��;��"�,��:. "`,.,�` subac�o t In the Reserv Accaun may be y o e purp�e o[ th� paymen ��� r�'���:��'�, f;�. �, ���;_".,:;-. , :,,.'_•�. : �; ,;:..,..� � un e t used on! f r th t af �•�� �.� � � ' s. ; ,'"```� :j7<r r .�r- `= ma in rin ��i t ar interest or m�j(��� Amartization �astallme�ts an th� Bonds !or �r ��•�� �'��A�. ��� : :r.', :�.,�,t ; ti1T p C� Q �s,:n��t�{��,��rir� ` IJ.��'��� '�. '�''...' � i. 'S. D Q 1� �'1D �•It ��� ¢���' �� t�4t '} ,�?. s, a;; ��+,; �. � � which such �beccount �vas estabUshed when the other moae in the Slnking Fund are ;,,� ; f;�fi��° 4�, �; �� ���c, . i, i� i �� y 1•�'� ,Pi�'�', ;`,:�;�,. �'. -�`�`;', lnsufflcient therefar, rtnd for no other purpcase including the payment nf any ather serlas •t.:,�''����;��``,�.� , ��:; = .'� l ;�.: :: � '� :��., ' ,�.. ,:�: :.`, of Hands. A [ '`"f�',5 �;" � • `` ..�., S, l.fra.�'���r��� ,;�Y�'t�fls ! A,s;i '�.r ��,'rr,,'"FtS :,�' '�.i'.;. � ��_ •'f��:'� �:i:i,��-:���.4 trf� `i;;, .: � •z'�'• �: �.. ��� � . .t. !�•I: , � ty t, kr • , �' `��•�� � ; 'N�� _ t''}ic'����e;:� �°'� :..E',_:' , i.' `.?i*� r� �+:►^' .r�,t� p�'.� S{ :��� �;; }:�•s,;: s{A' :;e;.�;�; ,. �; ;;' The Bonds da not canstitute an lndebted�eess, liab41jtY. Seaera� or moral ob1fgatlon, �:�;�� �{�# 5}������ ;, 1, `-' I�'� 4 "k .�� :;,_: = :',�>'; or pledge o! the falth, cs'edlt or taxing power q# the C1Cy, the State of Plortda, ar any ;b�-°`'��.�,"ff��a�},'..���tkt�'���-�;`:.�' i ��: ,��;-. +�:,• ; ,,, ��. .r•. ;'1,, �rl;^r.S,a� {it -•ts��E.� � rM1k�. ;= ��� '.'; � .:�.�5• / �Itical subdlvJston thereaf wlthin the m c}f an constltutlo� statutory or �:,.. �� :� �`:�� r:#^� �y� pp���p� V � �' � _.>M ':;,t', i_� �'n.:g: .'�`eJ:''�11'y: C'v f ""..'�*'O J 1 f�:'.i�..^.�`�r^�yir,J;'�' {. �:`��:.=r `'.::k� �":.�� '�'� charter rov�stons. Neither the State o! F1ori nar an lltical subdfvlslon thereof '` `��'•'_�.�;��`"" �''��• '� '�, ;, , �ip`.'+ � ,,,, :._ .�`= ,° ��'=;:-••., A da, Y Pa � ���;:.,, lE�r;:; t.r, � �`'��'i�r:;;; t�. :,, r � �.,Y � FY.' °:'•:'��'�,`,'`�, ���`•:';{�A�;�;,`t: :,`,"r;='::�-: nor tiie Clty sh8]l be obl�gated (�) to levy ad v8lorem t�tes on aaY P�r'rY � PaY the !� �;`;:,:=i�'�.�` -{;•,1�°° :"1��. ��., , .Y - .l".'� �4'�:�:Ce ` :. .�IE Zt�� i: �i�Y�;i{��4�.i'... ' � �. s; 4 4' �: ". - a • ..•. t i . � - 1: •: :'• � �,' y � . � ,,���.' :,;; t,.�,:�,;t. �k: �';:: prIncipal of the Boads� the interest thereon, ar other costs I�cident thereto or iii) ta pay 1.. �.:..�b�-A,::� ;•.` '�i:;:". :.=,:t'�.�C' �" sij}�.4� ,��a ' ,; .�' '":>�;�fi5""r>'; 4,1`�ti}{`' s'�{y. -;�;i. ;�,,,�; '• �,. �`';,' the S81IIB �TOIII Blly OthBC' iWdS O� thB Clty except fihe Net Revenves� in the manner ,. ��!•;>. «�;,,y3;r)'�t,?`�,z:..��:t :• : y . .'• �•;:r=•.�:�,'. ti: c,.,, :i�•,�'. �"�.� ,. , t�t� p' 1 rc �.:��:. -: r.•..r;�.�.::.'�•:t�r. �,+:,':.�'�. i:� �-'.�¢:°' s:t:�����s;�Y•;;�:`r • � : .�;�- ProvfdedintheOrdinance. e: •.;. _.:`t��`i;�•.�r�>�:.,sf.- � ..i n:�.�ii>r. :5�..�,�j'c��i,;'�. ���"• _i�:"� i tS' i ��,����r�.,ii'�;,'�, _�S7 �� ".` . , eG , '� ���.:�•� F+.'r �=..�:'�� ���1�� .�� ....��} ('. ; �;' ' �s't��l�.}....i`. I�:. :.�.iY..• ;i.. �, � -•l!''s' '.•' r. , _ i. ` �o;•�:.,, S ;T;f'i`"� �srw' �ryt�,T;�°'' 1`�. ; i - �I; :�.� ��' •' MI.T�1ICIPAL BUND II1�iJQANCII �'� ,`'��'rs',:,-�E�: ";Yfy����: ��Ytrs� . µ�,'��'x ir°. j v� ..� '3 �r3. � :'t`, .:'.. � 4'.;n�4;: �r...^�,.•�iNSA C �'m��5::�ya. :;„ S�ti,. }:ir�_.� �- =. ,� .^ . '.�:,,,.'r, t'r.-� L: N, ��• E1 y LWi-:�:f.' � ;A• ,..;�{�... �.. 't'� �.� y �.•�'� ,ti {r ,: .. . . ,:�,� ,• i-�•{,..��;;,. r; t,=:=�sr°. _,:��;�.. ��;:��� �'r :; :;:'_t°,: `�:�° ;,• P�y'me�t Piet�sat to �[imic�pai Hood it�tr�ux Pdjcy. A�1+IDAC Indemnity has i'�i��F-rt {�:'� �;•:� �f:•'•4�-• c; .'r 'c ?. � `',f`,SF {' id i�.itt •.,i .° ,: ; rY.'....`� ,ty.,,[. ��i:�4tY::. �i1 � ... :?'i'�;,,+�'`... _:��Al`iiY:".�.; . R'�:s':�'�';i�i '�Y:, f�T��i'.'sti! 3' ��'�. =� ^'" made a oomm[tment taa lssue a m�alc bond �rsuce 1t " �''`-����'` �` F`' � po �► t�� M��i� son� �� < ��, :�� Insvrance Pollc3�'} relatt�ng to the Donds eflective as of the date cs! Issuance o! the ;. =�f.; {:ti:•� ;����';.��"�:�. �� :" � �,;=u„y r'��`..+31�.'" '�'�, 'i' Bonds. Under the terms af the Mtt�ictpal Bond Inswra�ce Pollcy, A14�AC Lndemnity wili ;�,�; .;';;��: ���`'�`�';:�'� Ea`'' " pay to e nited St�tes Trttst Compgny a� New York, !n Ne Yo k, New York or any ;; .�'�`�5 ������:�.� j �••r��z '�n�.�• ,a,t- ;: th U w r - '• . ,. .-� -� ,- � � �a r�.;.:. �� suc essar thereto tt�e " c T ") thnt portia� a[ the �ctncipa! o! and �terest •.� „� ;,�=�.�'. , ] C !w�.M^ i a.�1�: �= : �i^ i'� �4a�.".'F . j � � �Q�4 !i �.5��. i� y;"S'�� Y:, wl .+� �`• � ,,,' � �,, on khe Hoad� wrhtch shall bec�ome Dtie far Paymeat but shall t� unpafd by reason ai �x:'°:4���'�����'�;`�'"�z�x.°i :i } : � » ��: f�•i' � �' : �{4�• �r{., . y , :�� Nonpaymeat by tbe Clty (as such terms are deftned in the Muaic[�al Hond lnsucance I�:,,q�� ��� r��`,, .�, Y �'��� Pol�cy). Ari+i�3AC iad�emnitq will make such payments to the It�snrance Trustee oa ti�e ����:�'�' � "����,�'�: �' �.e. ;�� k, r �� � �.=� �••. . � later ai the date an whlch such prtnc[�al a�nd interrst b�com�.s �e far Payment or w[thln L�,( ��,,��• .r ;,, r�;_ ;. ;�i.� '4..� a,, b q�; . �. a �>�.. nne business day lotlowing the date an which AMHAC In�mniry shall have recelred ��,�4• ,.Y�r��,�� ��;.i?`�: �•. , ;��� notl�e of Nanpayment from the Baad Registrar. The insur�nce will extend for the term '`'���� *���'������ ';; .� ,;� ��.,,��.;�,`���r.�;. ,. �`,� ,�� at the Bands and, once issu�d., cannot be caucelted by AMHAC Indemnity. ,r+��_-_�,��{�:��.: :��; �''�., .s -7- � �F�;;�w�, y ` . . - -.- --- �r ,_ � �s: -°'. �•. � n 0 —_____._ . . . . .� - . +�3 �r '"Y.r, ","t.ttsr' 't.n',.�.�.rwrg�S�i!'l�nrll��ry'�� , � r F.� a.'�� `Yr_ �'t..r f,.�� : 'i .. •, . . . � . . ' � , . . � ' . . . . . . . e ' i . . ~':. ' � � •. .. - " p, �.. : . rt'� •�r . . , ' . , : ., r; � i.. 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I+`• �•1���.' :i..�C.. d Vi' s �u�rt, �,i 4 �G:�� i ` ' W..; `.�,'� '•����F�� . , r., :s• . �t='� , a'r , i� , j�,34 , •t• � � ,s,;� �t f i,'�tf>;atSi .�,:�{� 4rA;:p.� �41�'� i . .. . af . r�' � Y- �i ,J, � � S� t'�' � y ' ��. �" A��Fil:•xii,i . .��i, � i �a : fl.` ,� } LM'' �:�� .�a�.3•E it: r, �t� i,. .f' , .te .i'• +��"f�: ��1 .��q�.il i �{ ��d r-:��' - •1'Y• �.ti. , ')• .:I��y ',�,� •51•'.i1' irF�•S �. ���if� � i} Sa: *� n. �� ,'�,' "':i �e�'ti'A ,�w i,' •` q, {;�i .. , Y;'� ' i �x3"r � .� ��,r e � �rU� }' .�i��.r" ;,i.i�t�'l�:i �� :? �-x� . . . . . � 'i:��a.��w,.'�tc'•.�%�. +av ��.;tiF � �"�S s ii'� :�`� ' j �'' rn:t,�j: rt..,rti�}•� r ,�: . � . . . 'syid:`..{ .�r� ,r�r:�`4.�1 F.y � � S.. „� x ��` �� 4, �1.� �,� . �� .4/�. J° 3. '� �Y. C. + �-. .� � .F• . ,.t', .'.4 ��� . . . . . . 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' � � � ' , i , , � . � . ; . . • : i' . , . , ' , , �; : .' . • . � , � , . , � - • � ' • . , '� . ' � 'I�V{iY��IM[Xq�lAa�TSwiv..r�w .-.a.a.rti�a.�.,.�.....w..,,.... . , . . ....,. .. , . ... . . . _ • . . . .. . .. . . , . .... �,.�.�....r.:.,�.t...:�:.a.:�::t.'ls�.;+:t ., i , '` I. � . . . „ � .. • . . � � r � � . 'I. , . . '1 . .. . t . . • �•;� �:,�,,:: j-�'.� „; �� .� �` ; The Muaicipal Eond Insurance Pall�y will fnsure payment oniy oa stated maturity �''� � • .� : dates and �n maadatory sinking �c�nd �nstallment dates� !n Lhe case o! prfr�cipai, and on ' �'� :.1E'' �• � �''. . �; '}i �� (� i� , . ��6 . , _. �„ - ;�: �.i� `�. - ,�. ;! ra, . ;,1,. =i , •_�; , �i i -.� . �.�{�;� . -�b• .'i•�`: .'.. i .•iYt.�''� :if,( ��1'��:.SIi:(.�. .s .�f� ��i� . � . ' '�} . ;;; . , . 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'7�i ;7.!" ,e, t.'L<'.�" ;ie:rl` µ,\t`. `'' :k.'> '.��� ;,`^; �'.i�';�"[.. f.n^-;'n,�.'�; 1. _�...`..Y;r.Y; .� ti,l'%r,:i .. 1y ��;.t��!; � `c 'j:.Sii''t:'' �.:�Y��: i�i.i��,..';`�,�.;-`�_''i. '��€.r;=�!4.1`: �� ?.�„ _°. ' , .j �..`, , �� • ��;, . . ;; 1*,• 1 ,', .; ' � '' 'S=.'�; �:'`'.s}�a��r�t, ' ��4= ,�•i:i•�"+�:}`: ii "���.y,.,.Y: 'i#��" �.�:, :tiy�., �r,ti '�. �.. °�• �j' :'F'.iy � i�?`�'L�}f���}�.:>'".• . rvXe}f���,"��y� .�r;i;L�.� •�..t�.; j....+,�i •' y�1�;5^�,'`s?F�� •a�. rY�jl�,� :.���� � '1��!?' `t:,; Y k yx�r`�'� i. ,.��s��ai� �� h�ii� ��i' i°^� i 4'{!'�. '' i 4t,'. �4.ti:,�;'i�s.y• .f.p:��k�:,.� � f� :�. ,� .S ty�°, �. ?y�' "t;ti�� .� .n'`'' � ' 1 _� '�.*� . �;r��;i �'r � � !fi''!i;.;:ig���;���' '«':.�., v.;•i +-. �+: ����it «'i S�a�S � '.�i�e,�+.�. ::t: S'�,.:,�.,,. j,iw .[�:,;.�K ,i?�.`,;,,'.,r�:,l;. '-` •!;�-�.t;S�! 'rt�•;;�'x:'"�':,..,:� .'�=vr;'. :'� °.$'�R°�;?pa��:�Z'r i `ia''�`�.•;�:4��„;�y,; i: �j' .�-ry ��:r`t :.�s_ ^ `r�=. l rrii�'� �s;stT= ��iCj ��Y�..;: k ti;?;�,';�,ii' '.i..`� tY.. - .,:.,', . r:, .t.�''�.��15�': ,'2, .:.;�. � � .?.%.. .:ti�iJ., y�v�.�.�, ..f- � T•..,?�::S�x'y��;�'����16.^r�.L �l�J . . T.1�.1... �;:'�' r,�.�rlr;,'s�.:,,=+:�.�«:,�, t:?� � 0 stated dates tor paymeat. in #he ca,se ot Interest. IC the Bonds become subJect to mandatory redcmptian and iusutitcient lunds are avallable for redemptian of all outstanding Bands, AMHAC Indemnity wlll rematn obilgated to pay pri�aipal ot and Interest vn ottt�taadiag Bonds aa tihe origin�liy sc�eduled interest and prSncipsl paymer�t dates Incle�dt�g mandatory sinking fund rec3emptlna dates. In the eveat of any �cceleratlon af tlie prtnc[pal nf iha Hoad�, the Lnsured payments wlli be msde at such times and In such amotua�ts as wo�ld have beea made had therc not be�n an acceleratiaa. In the event the Bond Registrar ha5 natice that any peyment af pr€�nclpal uf ar lnterest on a Bond whtch has became Due i4r P�tyment aad whjch Is made to a Bondholder by or on behau af thc i.ss�ter has been deemed a preterentLal trans#er and trieretofnre recodered from lts registereci owner pursuant to the United States Bankruptcy Cade Ln aacordsnce wlth a iLial, aonappealable order of a caurt ot vompeteat jurisdiction, such regfstered owner wIl! be eat[tl�d to payment iram AMBAC Ind�mni*y to the extent o! such recovety u sufficieAt tunds are n�t otherw�se anallable. The MuniciQal Band In,suraace !'ollcy dpes not insure any risk other tttan Nonp�ayment, as d�flned in the Pollcy. Specl4�cally, the Munlcip�l Hond Insurat�Ce Pp1ICy does not cover. 1. payment on acceleration, as a r�elt ot a call 4or red�snptioa (o*�er #haa mandatary siuk�ng fund rec�emptlon) ar as g resuit a! any oth�r advancemeat ot maturity. 2. paymeat o! ar�y redemptloa� Arepmyment ox acceleratton premtum. 3. nongeyment a[ princlpai ar interest caused by the tasalvency or negllg�ace ot any TruStee or Payiug Ageat, if any. If [t becomes �ecessary to call upon the Mu�tiaipal Bond Insvraflce Policy, payment of princlpai requlres sv�render of Bands to the Iasuraac� Tzvstee together with an approgriate instnsment ot assigameat so as ta permit awnershl� a! sitch Bonds to be W regIstered In the name of ANIDAC Indemnity to the extent of the payment tuider the Municlpal 8ond �uraace Pollay. Payme�t o! int�rest purs�ant to the Mttntclpal Bond Lisurance Pollcy requires proa[ of Bondhalder eatftlement tQ Interest p�yments and an appropriate ass[gnm�nt M the Bondhotder� righti to gaym�nt ta AMBAC �ndemn3ty. n ilpon paymeat o! the lnsurance beaef�ts, AMSAC Iademaity will become the ovmer af the Bon�, appurtenaat caupon, if any, ar rlght to payment af principal ar interest on such Hoad and w!ll be lullp svbrog�ted to the s�nendering Bc�ndho�der�s rights to payment. In cases whtre the Honds are L�;uabI� in boo�C entry form, the Insurance Trust�e sht�il disburse princlpal aad intece�C ta a Hondholder anly u�on evid�riC@ 58�tLd8CtOry t0 the Ins�irance Tnistce and AMHAC Indemnity that the ownership Inter�t at the Hondhalder in the rig3�t to paymeat of such principnl az�d interest has tken eifectively transferred to AMHAC Ind�mnity on thc boalr� maintalr�ed for sach putpose. AMHAC indemntty shall be lully stebrc�ted to all ai the Boadholders' righks to payment to the �xtent ot the lnsvrance �ursements s�o made. � n ..g_ � i , : ; '..'. � _ . ' `r',i s:: ; . .<�: :2�,X'�"tiii; '.•., . , , "',,, . �, .;f. - ' ' �.5, �'y'•4ii�,��!��� � . �� �•` . :!i� 1.i� �1.. P ��'�' � ) i ;7'y . . , �:: ..g�iy;•�:�fj� '4' i � '�; ir�t}. �4��{+y'�r;�1 �,�� � •a� f � ' �4y''1;.1 a� L it'.F¢'.. 'E�`;ic=,�. �;�;sti�,ti�.�;;. : �.`.; ; ,..f�`:S.,st.�i�.r�j�''. V �����•�f:•••I`t� ���'�4;�i^;•��y.. ,?;�,,� � i;.' f�.l:�:`i�'! ��:�,�y., ; ' � �''=�, : ;; �8:`� f����;;��;:. ;...:�w.�:;°�,���,.y,,.,'��f'��� : . �F . ;�;�y,..�,.,r.,t�'m.�{�.+S� �4 . � x )'.. �!t.'S ia:''',ii'2�,�'r!7'?'�}`7k��'�1�. ' �J.i��" �:'�� F'�� i �t4 � +••-Y' S �j_# k y�� "i` 7'd � ���'� } ,l.�s'�rfi�}.��'�{'��� ;� � ' �` � ��},Z.1��y � � ���[' f . 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' j ' ' "�?c�{s..3:Y�o.C.{•'t]):.�:y':; . .' : +f• . r e' ,`�s'+,I.0 ...I.�F.��i;�.x� �.. .. . 1�3 ± � , 1 • '• `�� y:� ;e�� �'••-'� i•� ' , i :.�: % Y'.0 • 1 •Fn;� ::.. f�.t�i x� �e�j!'`��j � :', 4' ti�l, ••'} w• ,j 5 ,' F The 3,nsttrance provtded by the Mtan[ciQal Bond Iasurance Po�icy fs not covered by .;,.�;�:�;4K;;,�,::����';;�,;�;�'��;�.�.:, ' � E' V � � ' � i rida Insurance Guaranry Assoctatian • ,:�.Er'=� ;i:a ':1��;�`�>> E•��; ` , ,•,_ . , . .� the Flo . � �: � �.�� ��, d�-�. � ' � � ��`�h•�tyw i�l�� �'�����Y� . �5��"�i� � � � i , . 'x i . . . .:i�'ya.:lY�Y��ir;t;, t �,r� r�„ `� r' A��AC IRI�IIIIIIty CO[pOCetii411. AMBAC �de�tnity � 8 WisconSiA-dflmiciled st�ek ;'.�r�'=a;��•'��F�;��' �� ���'�.r! 5•-, ratl n y ed the Insvrance De cnt e e t ��' ` .; ; ' , � � Insurance �orpo n regulat by partm ot th Stat o Wiscons[n �'"�,'�". �. � � �,.`"�;;.�- . `' ' ,°' Co �o busln In �0 states and the District a� ColumbEe wlth sdmltted "� ��'�� ��' �" �� .�*.,. . ._ anc3 13censed esss + ',��'���.;��`��;, ���,�.��_.-' - ' � :_ FP Y � � * } rY P �'� '��� '+��� �. ;�* : �. s�<'� assets at a ra�r.[matel S! �59 7Q0 �40 (u�audit�d and statuto ca �t,al oi ,��:�F���•. �'`�� �-*� i ;;. ..' �,.. (.,.'' : b jt �'! �%��'� s''�► � �,�::::� �. 4: ., approxinaately 5752,200,QQQ {unaudited} a5 ot Mgrch 31, iss�. sratvtory c.��ltai cons�ts t�f�t°'1b4.'�����r��:.;� �- �� t ��`�h�``j: �i.. �- ;;{ ,''�� � oi AMHAC Indemr�ity�s pallcyholders'surplus and statutory raatingency reserve. aNmac a�'�� ���,�;��'� {'i �� ,. � : . , , �.: ��" ' Indemntty was Sormerly a whally-owned subsidiary od Citicorp Financial Guaranty ��,�{�� .� .� r� .,"' , ::•- F � {' �:. � _.��-; ;s���:_, :.,',; � F-ioldtugs, Inc. ("Holding�') fformeriy known as ANIDAC, Inc.?, a ftnauclai ha[ding catn[�anY ,��};=�,� ,;�: ��� s� •,,,;:-�,;:° .. . 'Cltiizaak" � �� • ..1�"`' �. .��.,;�;: =''.. . `; �,:t� and itself a wholly-owned subs[disry of Ctttbank, N.A. (' }. �;�'' �,a � �•� :f'••,F:i .,, �;` ', �z ,4 �±:� �� �� � �` �.'�V '-;`,��'�'; s.,: i:-: , , On Nia i i992 AMHAC Ina. C'AMHAC inc:'? a#inanclgl hol com re�enti �'�',�����!;;"�� ��` � , �.��,: ,: e .,: ��� . '� .,. Y . . � �8 i�Y Y � �'�- ,�,� x;, ;� : 4`'' . :�� .� :.4 , 1.', formed by Holdings. reg�stered !ar sale with the . chang �� �' t' � ��'� `;* �'� " �;.;�:r'°::�:� :,.; � ,, 5ecurities and Ea e Commisslon , ��' �'��� A � , �� � ��:� �`� � � -;;�"�: �,,�a:.,ir��;;'��;_: '"�° .;,. 17,800,000 s,l�ares o# !ts comman stock. The registration statement with respect ta such Y�;�'d�„ ���;;�_ `, f ;{� '�� ;�,:� �A�, �� ��; :,�.:: ' sale was declared effe�ttv� on July 11, 199I. As a res�lt �f the sale, Citiba�k� thraug3t �t`•'. '� :,�� :l, .'�';, ,. . ; ;� ������ . . '' ~, ,.r,�':`��:t�. '� •..';. ', : lts gflflIate Ha�dLngs owns a roximat�iy 49$ a� the total ui ad AMHAC, �nc wlth Y�;�ti�`.� ``w "�;'" } •4., sr.''s, '�' �.;.�F.,• . � 4i �Y n �• •Y) �,�'`'�, s�i�`t�: � � :r� : _.,;:;�,.�,.��. .��:�:;i;ti� •-;� a rfgh� to east 20$ a� th� tota� number a! votes o� all �haCes of outs�a�ing eammon �l�� y���"�����n� s ';,r'''� ,i�". '`.'.'- r�``, ,�,'� `' StoCic of AMBAC IriC, uRtll suCh t[me a& Cltit��cy ��1 its affiitates, reduees its .� :;��}�.;'�; �.. ,�• ,,, �; ;i� ;,, : �•; �_:,� ��'-' �;y�.;;: .:�:�:' �8 '''"� � �:�.�. . .i��y� � "�- '' �`,.,''"F: '.-�_ `.� `� ecjuity ownership to Iess than �5� o# AMHAC Iac, {st w1�iCh time the shares owned �y lt ;, �;?�s,4� ,�g`'�»��� �1� � ;,,; ,,; <' t;;+-•}.��°� :'� s, s��� beoame n4n-voting}. As oi the date o! the consummattoa at the sale o! c�ammon sxocic, ��:j",� ���*�;��'�'�� . t; `. .�'" :`a �• " ANIBAC Indemntty becames a direct whally o�med su6sidsary oi AMHAC Inc. The � �..�'+, �� `:F),e_ _ � `i: �•��;::�";r..�;Y,;;G� i._. ��� •�;;.s n��•�S3 � � °. . Z� � 1}'; i�+; � y t ,.�:�i�;�t'r:=:,°�,�:,s�-�� :;�.,. �y,'. Wisconstn Insvrance Dep�artmeat h�s stated that t#�e sale of common stock described ��zF����F�.'�:� ���:�.��� ,>,::�=.�s, �`�:�•``;�` �.'�,��. �' .}�: '�',:���, � hereln does nat reqwlte Its prior appraval. Bath Moody4� Inv�stars Service, Inc. and :;°�'� �,�� y��r�.�.�Y��X,�; �• � .. �: � r: � �' : � �•.,- �.. • . � :E:�:.�`�•,�:�r;r;'�'�,.+s'• -:,�' Standard � Poar's CorporatioA itave reailirmed that the s�le u! the oammon stack oi �;��?'�;9�s����x��•�, �>�`� �;�;.��'•�"�''° r'�r�'.�'� AMBAC inc, does Aat aifect ANIDAC Yademnity�s trIple-A cLalms-paying abtllty cating. `��'rruri:�';; ��'�`�,`��'��..�" : �:,;,;�.',;:< .y .: �.`;?,� �.�• '.� . , ';.�. � � �.�r, 3.,.�, �'r � i`k�' , '�i ::, f,E�I,iz,'..,-,:.t• � . ..,, ',� , � , 4 't_;,,,c.? 1 .�G-�,{,�x 'iL'�'�, "^'�'�i:,r:;.l.%t '.�ty�•�.�f. t '��f' a '"e"'' 3,�iC�''r��L4'i3�•;3� � .f, f'��{.;,.'!;. y,,• Y`ti'ae:': .4 �f-i:' �:< rF�s��'�.•�'.:},,�:3�.i� .�' , '��c�eyjti:Z�t c,�,�yf{• t�s',�.:�, �y,` �,,, r ,, :. . , -- Cop#es ai AMBAC Inciemnity's iinaaclal statements prepared ln �cord�wce with ���� �{;�,;: � �£�� ���•�� •.�, ;�..� ' : �.. ��'�Y.i =.'.':i.��,, W r',,� a •••�4�.P �,}. _..,Y �.�+ ,x�z.° ti,: �r,�,'.���'sa;: ,i i-:;.�,;'.'; • j statutory accounting staadards are avauable from AMBAC Yademn4ty. The address oi i'�,-�t°;:'.�.<'����'�,;a�$ �`'_,z's";`� �" r�';�;�'; Li'1,1' "'4, . �7 �(:.-t. •..-g<.y.;� .��.i'.��`�;x�• ='.i i- 'r' � 3 P.E, it �._n.1j'uF.i .r, i. �ilg".F ;., ��,��;�:.�,c:�;r, ;�� -;��..: �: ANiB4C Indemnity�s adminlstrative affIces and Its teiephane number are One State fy-.: �,;,�;.,��:,,�:�r � a,;; k.':s. .'r�:r . i� `eL rya[��:;�� � I } ti'�. � 4"rf:1 �.i.� f's+. ���;,;_�;�,;��. ,�.,,�J:��'t,:�<'�,;' .,_�: .� Street Plaza 17th Ftoor New York New Yark 10004 an�i 2!2 668-0340. ';-$;.;-•''��'�"r:�� 'Y... °� (�i�,`. •,. . �:r �� '°�h :S�.i:". ."y. 1 1 ► 1 1 � L'�;',. ��; Y �y .�,���ex�a� 1 ' .j:.� i .. i� ��..('v' '� • - - �:7 1�,, ��' �`.,�sa� I-'± �: ra �. -���.�� 'n �`',ur� i'�s, ti'`'� ', , i � ��r�. •. ,�,f+,f; �.°i"''�';. � = .�;��..;' �, {ri. a r „�, "l.aiY�� 5�".�'t il�+! �l"�:" �•'.i7:' .a �.� 7 .` 'ff� f�-,�; �r,4;'�yr�"�.�'.f:��� I :',.. ,..�z'�.;,�,���� r�.>� �- �� .s;� AMHAC Indemn�ty has eatered lnto pro rat� relnsurance �emeats unde whic a ��. i�?'i3 _..,„���,:,�� •:� ' =.�:� , �r ; ;, }.' i, .;` 8$t i h r.;.;.-.., ;.,;:fi.�r�,�;.. ;. �.�:F ,i��' " '-.L�ti+iv� , t � ..., . oi' r .i-.'; t�',�' � i.r+7�:: ,5�� �Yx•h q����,:�.,, �:�`'•���:�;`,;`��.w:s.�='.- percenta�e af the ins:uance underwrittea pursuaat to certatn muatclpal bo�d insurance r:�.�'f;.;.;r',�,����:�.�s:��•�.��T �l�' ^� i.d� ° : � 5 : i �a'... i:� � : ,';�:,. .,t L. t.��y Cy • :;�,;;;,.x�'i,�,.� =':�;;,;, :�; .;<°��,�;_�;= �:,_ prugrams af AMSAC Iad�mnity has been and wlll be as�sumed by b aumber o! loreign and ��.,�1 �•rei�7•. ��•� , �4�rr� ��; _ � domestic wiatitllat�d relnsurers. a �.3. ��._ -� zc?: .�'� �r•: : AMBAC Indemnit�► has obtalned a niliag from the Internal Reveaue Service to the eftect that the lns�ing ei aa ohllgatias by AMBAC Iademnity will not aife�t the treatmeak tor fedarat inc�me t�x put�poses ot Interest ati such obl�gattoQ and that ` insurance pro�c�cds r�presenting maturing lnterest peid by AMHAC Indemnity �tnder ��i� poliey provsai�ns st�bstautially identicat to those coataln�d ln lts muaicipal bond ;� lnsvrance polfcp gh�ell be treated tor federal Inaome tax �xupc�ses in the same man�er as r` !f such paymeats were m�de by the L�ver of the Honds. � AMBAC Iade�€c�i�ty ma�es no representatlon reg�rdirrg thc Bonds or the advlsabiilty a! innesting !n the Honds and malces ao representatloa resardlag, aor t�as It partEcipated In the preparatlan at, the Offic�.t Statemeat other tha�n the �nformation s�pplled by AMaAC IridemnSty and presented under the headlag "Mwoictp�l Bond Iasurance." -9- r. ,. �. � a � '�.�':s`:, ,} 1 .� �� e� � � i 3 a ,; 3 t ,,� �,- �- 1 a . � � �, ��� t-�e �"?%[s;?r�`,'ri-�'�*� "':w<';?-'�t,�,.,�s., � i,.���, •,�c �. • r• ��i�wt����itrjr^,�.1,12�'A�il. _.. �.�5'_� � ... 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(�'�.f�'A'l�` " a��� i�l��^�'i':"�.A''° . / • ��1. • 1',���,i'i�':;�[�1, . y�i' '.A� ��.t�;.Y.'i ,}��• .�I n�':��� �' l�`', eS[P' •��' � '� i�1! • �.i.• . ,?'[ ��:f�-''�'%3�..' �.' . ��-�`���+�•''��K;'«,.,,yn.•.,3�. �,:i:,. . . .. . . `�r{.�:1.•;r,s;'• '" 'r'•'�1'� • '%:�' '.' _R �4'��r'�."et•sSlf �.r:,..� il': �'� ai;;:f•:�i�.�t,i�,;�I;_'. �. js'j. ' •, v;a:,.ti�r"{i',4':��.M• i��.�;,,,•'?.:,=��' ,' . 'Y,;�;��k �: �s';'�e;. :,�;.:� ..:�•� :',.f � 3� Cl'!'Y OF CLEARWATBR AND PII�TBLLAS CO�JNTY :��. . �4�v''sl.�i;�-. ":�., i;;��. �.' . =:t�r. ;'3;,_� �t' •,,..r�1, ;.. ;'� {' "r The Ctty oi Clearwater the County Se�C of Pinellas Co :} y Y;��4:��'.,�w:,�r.�u :,f}�:: :' '.; 'g,�.: ,':, :' `. t' = : , 1aatY. 1s gcogrSphlr.a.ily `. ',`' '`,� .:; T` =':5 lacated ln the middle of the west c�ast o! Fiorida on the Gult o! Mex[co. It 1s sstivated :+. :,3:;�t':�",":•3r>,�,`;?.t•` �.,.., i ' `'.',;:��; '� �<���r:�; ;� 3`' '�.�. :`'.` ��-; appraxImatelq 22 mlles west of Tamga and 16 �iles aorth of S� Petcrsbwrg StandL�g oa �ti"•'lysy}h ��� i� ''l.�':_;'";y.ry�•F. • .,.E,. .F;•:,f.i'�`.r:;;. .i''�'•�`�. �....'4yo^� r3�•! �he hig�est r�tal elevation ot the State, the City umits comprL� approumately 32-!/2 '-' Jt.•�t( t:'ir"'=;.`.?Ay i' 4.;j� �a'r" �' �,', i� '(y�`Y�E<9�,f,5_i'j�:i�1.� 't�i `.i�' �j�.CFv��� � �t• ;���,�li�'7 .�r,r..•yri',F�' •';�};�3.�.'xL?-',"'"; �, k��;�i:4:�s.', e j'c � ,7�`.S 4iyyi,'. r� pF�i��; r:= �' '�; 'l�� .Iti�:��.''':i;, j �'`,'.•�': ! I .5�� r .4�ti. . i���- ;��,;�.yF4.�5'�N �1� h�,�A ir' i Sr .I.; �r 1•:�F. , • �! �I i' � I.�•.?''� , �•l�t .fr,+'1; f ,i' i"ea,,�"Y��il�:iy9.e:��.�: ' � i.�! .E:yt : 'iy^y�,.i�+y;��^s,i�9, �� '�:�.}..i'tir:�..- � •y '''.: N" ; 1 `�'v.*� ' 6 'Fl�s� . �i��i} ^.,. .. j.,, .,:- S'" ., -j��'r S, `t�j;.,i.,�.,,:: '�!��7;..4.;��t�,�* Ye��34 �k. �M �Y ��.1'� F, �: ,;�4: �T:� �S� � �..�?4�j,S'kx 'a41�1�;r'r'.i��};�i.'? ; ' i: i�L.k'S a=IY1�`��,t;� .-. +x .� }; v;� ;��.';��i.r;1�-:�� ;s `�?' �'✓f' v .i. 4� ��'�`;�='.. s;. . �17-'.}i'""'i ��:'�r��yY�'.t��ifs, a'��,� .�f •z'i.`j� c ``��;� w +,A�1 � J-1 S „ ''�f.`yf .�i,,,,f h1;4'•�::}ri.�i�'��'��:.�3er ��-.; � .rV'rr��f,Ht• C .�. 3� �y4=.,`1:`:!' ::�; � . :'f. �`,ts: ' �s ::�;a��"T "'Ht� :°,:r.i :��'':"� ���,�,��'. {�;��;A� r'r� '�;'�;i �! .i3 .'S�H•C�7P �AY�A �R'; �� a:.�:. °��.k'..�°� °>.'��'}�kt;;��px.N'�'i. y:; �,,:{. . {' y;;.. }i< ^ � , � r.! ;� f ,' '. ��a.t}'•:i f. ;�i`l� {„�i �f•• p�r(`�i' }. �e�V •,r�jy�"�.." �..'y .•. ;�,�F . h?: A *�y .i,. 'S! f.T�.'=F'w: ' }' 4'�:'!kti'�r�,r�� i i� 1`{" ;'����4'��� t�i.i'i= �": j. � +�'.�'�•t�`:;,e�.�, ��-! .:�t ��t.;y;�?�U':y{'Y�:. ,;%(i'.y�."�'.?;,�C a3P;'��f'1r � .�1.1.�.� S{e YU�� {_, �'�c�:'.;•, �ci?L�'^+:�" ,`'e�?•:`N ;.i�,:- L�`' ' f Z'`"t'�'li•F:.,� �, �;:' `' ��"',,: ..t•:�•, :�P;"s� �.� �.,, p ...; � . .iC`'.I�i ,wtiti� ':J:et i.�„ ".ir �r.�,i'.. ��_tfj^ u ti••�S:i1' 1;� i4'�f' ����tx :;• ���T,�:.;�%l�:�4'ti{I��i�:':��`Y..;'��:•,`. y.�e:�'�.... - sr�uare miles, including B-II2 square mues af waterways and lakes. Clearwater Bear.iy, a corporate p�rt a! the City� !s an active beach c:omme:aity and is connected to the maln part of the Ctty by Memorial Causeway, a four-i�te. toll-free drtve stretchiag almost two mlles acr�ss Clearweter H�rbor. Hus[uess an Clearwater Beach is matnly Lowrist�rieuted, with its hotels, mateis and g3ft shpps. Many fine hames� apartments. and c�ondominiums o!!er pL�asar�t� semitroglcal accammodations to permanent residents ru�d wlnter and summer visitors. The 1989 pc�pulatian ot the City o! Clearwater was esttmated to be IO2�600 perspns, ar approximiately 12� a� the estimat�d Cauaty poQu3atton. Tho foilowing r�rt show5 the i�istorlcal population ot the Clty #ar the ten-year period t�80-l989. Year �sso 1981 1982 i883 19(84 1,785 1986 198? i988 1989 CITY OF CLEARWAT�R, FLORIDA HIS'I'ORICAL FOPULATION iseo-is�a Popula�iaa ss,s2s a�,sss 89,7a7 91,875 93,fi48 95,330 97,682 99,124 1 DD,900 l��y� Sourae of Papulatloa Ftgure� US. Censvs, 1580, U.S. Hur�au a! Census Estimstes 1981 - 1989. The City at Cle�rwater aad tt�e other munlcipalttles scrved by the System are located in Plnelf�a Ca�nty. �loricb. PIneL�as County is Fbe second smallest caunty t,n the state In land mass, but t� the thtrd most populated �ty ia Florida and the most densely po��Aied a+�tb neaarly 825�040 resldents. INajar private employers la the Cawity inclad� an elecr.�ic ukility 6oidi� cxympany� the utlllty� a televlsioa merchnndL�er. �everal �ospitals, a newspnper pub�lst�er, nad a retaller�s oarporate headquarters. TourLsm fs the largest industry In the Couaty emplaying over 37,OQ0 people ln hotels, shogs, restsurants and otl�er relateed busine�s. Ann�s! visitors �xcted 3.6 miiilaa �te. , =. . • � �1 ; i -10- � • . ,'rj+r� R• s�*;; �; . , �• ;;': .- � �r.�� �. y t� ' �� . .� `� ":,. �::[;�' �,�'.w � ��jv ; fr`• i'.;='a �rA,'� � y� . ' , , . � '" °i �ri^rj :.�u.�ij � . j�,';,,:,y;.y ,,.� �:� .f � .E.,,��.l.M�`�'t��n,,�r���i . , r";i`.�.`i4Y�4�i��;����'�' . _ r�t.' :ft� � •'rwF'it��i°.Y��}���`., . •��t' L '.?:�li;�yY F��A��� ��.',i ' ' =',t. .±4}'.?1�:��.�.1!�j���5�� ' . .� :�� ' `�� ' :�Yi y,�+�`i`'�l'-�'� •` . ' ' 'f�• �'•'i;'�.'i`:f",ii'fi '• , , ';';; v�y.,h;s�:Y;.j� . - �.� " :.� �,,=3l;Yr^ , �,.+ .' 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' � ' � . . � ' � . �i' 2'�''�F �, �.; r ', .f't�,} Cp , • , ,,t ��� ��'�r C� (�N; �F�s �e ' +�:� , �t � i [ ��' � ,,'F' ' . �,-� ri�(,,' •4 , y ' � ' , • • • � ' • � i`�1.l�id }�'4,y � � �� 4 :,1�•�e�•F.t��'���e� ��" '� 1 • � . ' . � ' . . ' ' . . .-4 i� ,yti5 .af �`� }•=L,S •f . � � ' � � , ' . . ' . ..... '.l';r�1t�� tA•• '• ;1�. 1� ��j.�.���vy �� ' . , i . . � .. ' . . � � � ' . ' �i c�(�•�i�'is;��i�U��q. ' `.': �.f:. � . . , . � l�� a.b�e1F�' F�'�� �. ,� �, t�'�•,i r�: . ,S ' . . . �) � �!r � F!'�i���i L�� �;� (,:: >� ej.� '��.,., �,� '? � . . , . ' � . � :1:.'! ��i'1� ��+��. 'i r1�'. � �. .. . . ' ' . � , � .�p`.�q.'�;.�ws� . '� , • ' . ' -�Fri" ;; g ',s � .1: � . � , � � '�r � .' ,����: ' '� ` ' ty•.i�;.:x�t7'i � �� � , . . , - �Y , �� �+��. . . ' 'y . S�' �� ' . � • ' ' ' ' w,-i�' ' . :��.� . . , , . a. , . ,i:�;, �t�,�'�;y.: , . . ,�; . ' ; . i . .. � � ' . ' '; , ��.. ,�b;:A�6. �,y'', �' � y ' '' � 1, ' . � , , , i•j.• ..,''. t,- . , -� ,- i: � . ' , , . • ,' ' . , ; M1 ' . � . . i . � � ' , ' , . n � . , A �� 1; . . . , rW,�" :.7'•. .:"f.i.V., ' , ' • .. � .'.. , ' , xlt�C»..:�::i.:okC..t::�.:..tx.,s.;...:,.'..�.>........-'e-'. .... . �. ., . ,. .. . .. ..... .. . ... . . .. . . . . . ... . . . � ...._......���.... .�.....�..r..17.r�-c:.wL;,.7i.S ..�.or.. , �,: ."^�°:;>�::n.'';..'?��,�:.' . . �. . � -,r: . �,r��.. t�� '�.,4 :i',"' �t�, a.1:��,eY 5�. }'; , p � � y i �,• " . � ' � �.1r�:' «}',`. •F�.�;'�>;�jtft'° : � 'hr L . ` r"I"' ci�c 3.5�,�,• "='� �•.;�.�..., �' yy'.q ��N � , .�,�;,,, :,,_.. 4��,y,n�i ����:..c� 4 '7 �.-. ' ' � � „1:'fr,�...tS�'�:%�V �r ,i �' ' , �.119ve.��1,`�'!.,�1.��IfY��:,:�I'����yy��,�^ajti.r,e � ��� 1 . ^F'l:�t'i:���.� i,El.',�5��. �R' . . .. e .. { . . . w ' f.�i•�i�1� Rj., ^'Y�� 1 �� . � �. w}. y , ',. ''��s..��" ,E J�.a:°.F;; 1„�'. ` S �' r, r�`t I' ,x.���. �+� l,. 1 - � � ^�t� +� ' yy ! +'n�' R' � . '� , , e'.. � � ���f.] ( ��f:,. �. ,. .n� ' i." ^r;7..� � .ti��'y= t`. 4 :�' • i � w +� . �� _�`�.... : ,' `t' • ��:s�,..,�:>.?,ta� F�`.i�r�;;��� r�.s;,, ��?.�a.'; .� ' ' ` f ��.s.7��7i��� � ! `;�:Yf;iar'%a.,r. i� x a=, . . . ] f ,'�.`�'�-�. f�j �'•Y� ��• � : �,, . 1 �,, � l;• .. '�! �.'r.�� fy y � �. 4. ` I �. 1t}:c3�.���{ e s'' �.., . P�ystca! D�`iP The City's Gas System began ln the t920's and [ncludeci :c:` ��'��. ;:�;"��1��� �'� ; "� �,,..,, ����., ;;,' Production, d!s#xibutIon and sale of manufactured gas. The System was r.onverted to '.� ;�_F���,M,��;:;�, �y, �°; .' . natural gas in I959. in addltton to sctving the Clty oi Clearwater, the SyStem has ���;�`��M"`���{�ti�i�`' �`. - ��'s � �t' � ',�?; '�,� -.. expanded into and has lranchlse agr�ements with t.he cities oi Bel�eafr Helleair Hluffs ���;�:�,„�:,,���.��y��, .'r , , � � , T,; �.�• �. �t. s. . �� , .. , D u n e d i n, I n d l a n R o c k s � e e c h, L a r g o� O l d s m a r, S a t e t y i i e r b o r, a n d T a r p o n S p r i n g s. T h e w} ;"t �s=,ti.a ,�,�.��,� � �.; � � ` � :a��:�'y':: „. �" y ! �_,' -� ;, tranchise agreements expire re�ctveiy �a za2o, 24a2, 2ozo, zoia. 2ooi, 2�ta. 2001 and '.�-: �;;,.°��.,��'.��.. �. : ; � : • + � � x c,. ;+�» . .,�, . . ��s., :. . 2fl 13. which ln so�ne instances �s prtor to the flaaturity of the 199 i 8onds. It is t''���k''w�,.'�,�� ;. ; .:. r:; ;.s-..: . ; � . . ,•.;�E...-: r �� � ��. " >��.�:^ .. ,t.<�� � anticipated that such lranchise agreemeats ruill be renewed upon thek eacgir�tion, F. `�"'�:��.��� �, � . '� � ° � .►,,, . r- r , ;�.�, . � ^ ev en wals. ch ran Ls� `� `'>=��w� t��, ", ���: :., -.S y1 'y'Si 1� 4 r � qs -''.:.ie-:•' :, :t .�. � how er, there can be no assurance of such r e Ea f ch agreea�enC :-; f,�, +ry�,��- ,, ,�.,� ,,��':'��°;`:';: ��-±' authorIzes the respectiva munictpattty to terminate the tranchLse agreement in tha ��;s�i�.lY�,!•�Mq�,�"���`��,.s�';t :�;; _.•�'� .= r��`��'' event the Ci fatls to lurnish as r uired b the eemeat for causes withln tha ''=��F`�°t&��''�'°�'�;�`�='�����''�`'� � f �<�E.°-:';`�`�� � -,I •''�, - �Y � � Y � �,fit,,,si������?�� ���•� � �� � ;� � . contral o! the City for a period af 72 haurs, In addltton, the lranchlse a eem�nts +wtth '� �• `•t.:��'�� `�;:�t��rn� ��.R�:;, ��{ }� �:�-�� '�,�„t :�`: • �f� .� � Y � .l,,';,,,7�i�i wy^�,� . , '`� `�� �'°` `� =� � � Dunedin, Bellealr Hic�iis� Larg�o and 5�[ety Harbor authorize the munlcigallty to purcluise �, '` r, '''"`"�'' . _ ,1 s ,I t , ��t � i, i'-�t.% ���T� � ry� "� � � �ff { � �; 'i-r `-;;; :',��' �, irom the City the �roperty usedl wlth respect to each frtinchiss at the explration c�f the :��,;,'�'�;;��_�-�}� ��� � � ' �' -•'•,� ', , , .;,� ,. ..+ r � �°�_�,�,�;�: r;�r.5v..� .,�z� , ��, �'.'4t,'F�_ :,> ,-'.: : �, ;"� �,;;,�, , franchise, The iraachise agr�eme. � w�th �ldsmac and Tarpo�t �rings authvrizc Oldsmar ,��,;.�,�+y�3����f �.��,,��� '���°arr�'� ,,: r� and Taepon SprIngs to purchase svch propetty duri:sg the term ai the franchlse as aeU as �ti'� ,� �����"��•�� ���°� s °�}�;�� �-=:;` � r,?�' ;,', .:,<-; �' :�. at expiration. The System slso s�rvices the un�acorgorated area betweeu these cities. ','+�� �`'s; ���;}� �"°-g2,,��.` ,� ..,� , _,,, ��� �}e' 1v. ', ;. ~.,�i�� y , '., i �� ... ��' ' it s i 'y, �4�� �i,. � , � f a . . •,_ � , �'Y -3Y ,':'�� ';;�:�r'r�',:' f: :���,�,,... �.��`� .�;: The System currently serves appruaia�ately 11,650 c�stomers and Is comprised ad �l03 I�'„;;'y�.,�''� "�'�;�; ,�,�,�.:A ( ;�; � • �, . }: ;:� ; : :, �.: . "; - � � mll ai gas in. ;. ` � �;���-� ��'�a�i;� ,��� ° '•F=r:.�i�;"� s."�; 'i�;: @s ma [ ...,. ��. ,s ��� ' ,• .. F • �� � ��f _• rr ��r. i• 3..� . S'_t�f� .�f •Y;Yt.i:''•.l�},.r : Si �. '�� :.` V,;4,.' I�f,.�V,���LT,fl,ti(, �[f'`yh �'Y 1 p " Y i �T� �,,�}������� - . - � �.r. � e y ' 4.n i�.'n� f�'kf`}'� ! � l�S,a� .� --,. ; �':, , •> �,- ..' ; '� M�mmt T�18 C��T' �S S (`Amm�S�OA ID�A8�Li mi1�IC��9i $098lAment. The M��r E`•" �, �."r^ :,;� � �w �a;b�.,, , .'%�: . . . • k.:'.if-; w�E"1�:.�, !r� �•;j��l =:_�.��:j:����.�;; "�� ',.: .�.,,.' and CammLssinuers are elected by the City's voters oa a� at-l�ge b�SLs. All hsve vetl�g f�.r,�•���������� j-,✓ ,:,�: '�;. : r' r,�;..., ,�,•-., k.ir �_�,`;''" '" �'_-�' ""�' ��!`. pa er t C mmIsslo m tings which are cha�ed by tlie May�or. T�s City Commssston �'��"�Y'� "::���`'�"�'� :.���. .-°:�;'; : -:.:�,: ,"�?. w a o n �e F ., � �.4 �;;,,� ;' . �y'•=:;i��. ����: �,:.<<:•'•�;:•.;: .;`'::r•• ';.- aPPa�� �e �ger and the Manager is respansibls tor spp�o�nting all �fiicers and ��.�:�.�.;�':�s:%�;`_;�°p;;.�,�iru.•: � ���"= �k' � �.�,t; _�� '' .:+`�.:':,.' ic % .r t' t'�k �F�F4r 1'tUk.X-.. �.,::�`';�;. •.�;�,> ,�4:; ;, :�'�,� :F: emplayees In Che Adn�IaIstrative Servlce of the City, iacfudlag the Gas System hlan€�ger. �. ,E,�r,,.r.�=..; ,.-��•. . �.. -r.�..v�: �t,.,r•..n.:. : •�s . , -,,;. , .. _ ,.. . , .; -, r .,�, . , , �„ . , . i � �ii�e �R"'?fl�s :,+ .��.•s. � : �r V ;�•�L. ;,' 4.:�� ; � � :i"'.•i'.4,�, ,i S: ` s��;f�' � "�°��` °��;,;�'�:,;��' :`r�� :. `' The Clearwater Gas System is adminlstereci by the Gas SysCem Manager reporting �4,1:�~ �'°=`'�'��`�l,t�s�;��b�'- � ' i�•.�' ���.�'''. ,��.�;uf!4 .i� ''�vp..• i��'� �..�'•'���a:�-�si;:.��:;?:C„�� :"�. :,n`�',`��`:� � � ;tj,l•Y�S�;{i� �` '�'T : � 4t � dlrectly to the City Manager and is one a� five utliit3es billed b the Clearwater �, `< < �f � � ���� �; �� . .� : yr : .,. �r:: _`,•. ;� '• ,�,i::. �,� ;, y k• ��,:..;��•.�^��S�F;i�;..����' , �L}e�'1 hir'��;'1'i�•f,{��'n�t '' jF �f.��,�: :� UtilItles De � � E•s. � 'ef� } �i {; =;"r.': ��:.r� . �:�r.r.,�: p�BI� eat (Water, 5ewer, Cas� Sas�.ltatton, Stormwater). �-: :, i �-�.�u. €•�#�'., �t.;' . �•r�:`: �.� 'F�.- '+:•t';��:. `�.. .S,,ii � t:�_��i-'+�"�rf:}� � '.. .�i.` t;:.!,{y.^ ��;�1�,�' i�'��.1. '` .f:� t`' �� .��'.�`r'' 1t y,' - q•�;�`�ai4iT �. i. ' `•1��' �:L.:�;�� .� 'k� - • r� �i'_"ST:�•`. }rt1'`,Yi�5�4S d 1�� ;�� �� �t�;; R =N• s'���,:� `: ���==,.s,•'1� Charles A. Hustsicker e tl � '� ��•-• '` y-,=' �s� . . �,. �..��::� 2•., ,; '� curr n y serves as Assfstant Clty Manager and Intertm Cas �-�sa.:.�,�.,� .�ti: ,�r �[,'�i �'i '• •.="•;z'!' r. ., �,: y' ,..�SF'. 5;.� ,�t�,�:.,;�,.., y�;3�. r y�':�;. i �.,��;�; ,�,��,�}=,s.;,.,,����x �.; .'�;r,,..,.°�. System Menager reportiag dlrectly to the Ctty Manager. He received his Hachelur of .:�:�. ij9`.�,� �;s��;; � ,'n7� ; , , �i4 � "�•�;:,r •�: e='. �:,� ;>';�:�,,��c�;� �,�':,:;�'.. ��; �-''ti���?'���:°,:�q� �,��'-F 4�: ;•:h�: ScIence degree in Rwral Sociology from the Unlverslty a! WLsonnsin Mad.Lson !n 1975 and j �� ..`':�: �,��}'������,�'�;'s:=�r-, ,# �.. :::� r �� ���{5, > ._i_� z'.�''ci��.y �1... ��} • .. � }'.,,z. ,?' ,a�•:t ;' f." � 4�''F' � � � �F1'.... } } . �.d; , � i1�8St@Y$ �i , •` , ; ,3': Fal��•;• � ,: `c:��;��; ��� ,. �� � y-., ��;� � ee in Urban and R o f m or te nI csi 9 ;;,�:, ... �..� �;.,� ���.4 ;���. z�. ����';;-• ,a.:�, Sr tgi nal Pl�nning ra Fl ida Sta U ne ty in 1 82. ,..�:: �� i.w�,, �;,SG��u . �� rfr �J'{5a .�SrC.yc'",,,".l'':{t�t .. . ,, ,;�t� ;�,"�� ,�..� , = He has served as Iat rim r , i f :,�;;' ;;; �: �F ��.,j•_- � - , 3�.:`���� ���� v,:; e Gas S�rstem Ma�nage since March 4 I991. Mr. Hwns cker had no ,�,. � .:'4. F �,s+.k��.r. ..'t.!., _ .. 'rie tf .�i: 5:��_ r .�.xS. , experience wSth naturai gas systems prlor to assum�ng hls current respoasiblllties wtth the City as Asslstant Clty Manager. Priar to jaining the Clty oi Clearwater La 1989, Mr. H�tas[cker served as ActLng Dlrectar, Utti�s�on o! A�J�ln� Regulation {1987-1989), Deputy Dtrector, Pub1lc Works Dep�artmeat ( I986-1989}� end Acting Asslstant Cou�ty Adoujnlstrator (1955- 3 9BG? all wIth Manatee County, Florida. � � _ ... • °' $S E k, � F f l -11- ,� ` �"'t; , _�, iFb'.:r., . �I � �'�'F'� Mi � � '� .' • a E � r� '� �Y �,: ��...: J r; ;�, a p��.., �,,'f �- ,. ::•�" � �`•., ' �; ,; �. � ��; , ,r . •I � � �.r � � ._�__ -�-;tr � . , , 'y�i�r n q+Y.l`F(rin��: 3y�j*�;�F�� , . . . , �. ' .. . .. . . . • . . . ' ., e_..e..�.r..b .e+If�." "r.:;�+Y't v �....,�:r.. � r ' . � � .c . � • � � . . . ' ' . ' r � '. ��: ♦ � '�`` 1 :l' � � , , . . . : ' ' : . .. ' . , � �: �:�} i? .°� ;F �� �i���wi '� ,„' �`• f.:;� ,4 r {� �'S;I� y�i� �,� •yrh e>�= « ,�r:l'.' , r-.:�. �a. . ' � , , . . 1 ���t .�s ' 'i'. y,,� ^� �'y i3�t�'r t4,1.' �.e, �����' �qyV�1 �•f:��• �6' . . � r . .. ..� . ��� .. . .. „,.. '.tf`w'trri.� �' y,��';t a,Yy���Yl�4ty �4,� �.y.�' ;.I• �. " � . " � 1 • , • `{, i.���;{-�•e.;'�•N'�iZ�rY��i��� y$p� � o�F��qi. �j:t. y:. ''t'a ' � . . ��� ' � . ;� � � � rY,t ".1 �r� f�'J� Ytl .L F1F��k i�I��{,•,i�.' �{;R' •�'�t•. ,�4'1 ' . � '�a . ... .. i1' �V-,'�•��� . ,'r:�l�`.�r+,l�� 1k. }�;.: �S " ;�'i� '�•: tir., s � �� „n .� y.:i , p[7 ?rn,�'�'y, i.;. �;Ti i, 1�.i-{:�f,++ : s i ` ?; ' � . ' ' � ' ' , 'r ,�i.� � �ti �r-:!'y.,y'�+ � �,�i�� :qd� e�ks4kxi �`'i'e<; .��� 1`_,y�}i,, .-.� r , ,� . . .' 4''� ,, r,�ii'i- , i=� � r T�1ji:r 'ii. � �:'yr'. �"{t.?. a: ':l���j. �1 i if , . . , �,s t • i', 'i:: s� ..f,. '� � �: 1`r,'w�r?� :y'Y?'.�� -.��'_ ':y: .�:. �:t�, . . . ^ . • . .f' . �i��.r t•t����_� i .�' S1.3., 1. .tl i ..e�. '�l'• . , .,� ,.41.ie.;.� �.l.i t `� r ��� �. . > "� �•� . i� . .�i 1 �! J f . . 'l•e: .�4 ,��'�4. �' r'����� 't1' . •�r.. � t X= �:�:-�t�4r.��`i.i;^t,,•� :c :, �+i�, , . . . �.� ��. �t'.F.,:, �,�;�. ti.{ � .�Irq'Lv]J•r•A. .���.-i 1� . '�� .. � . . ., , . •'�•, ��� �r f'"�.'"':'., ,'t . . - �����T t� . 1 ! . � � f `,'` `',1 u'. '�r A.��.. %.C'' "�4 :'a`�i ' � w t . ,.a ' v. �'i. FY�r� ��:, P:{`.-r'.`. � , , i.� •r � , ,��� r; � _ r :., ; . . = , . E . �:�::�� � •#•��� �y���nv�,: �l, ���cy.f •3t'J:' . . ... '�' , • ' . • . .' � . ' .. . ' ��5�:::�,°.i S'' y�Y �j � ° •eT,�1��,��,�� .A:�'��:. �..t."t � �'7�.,'� . ' . ' , , , ' , ' . • ' _ , _ . . ��`'• lh..f:,w '''�' '��J,,y(l+;�.�t?_��M��;�'�M' n]�:1;,' ' , , . .. � ��' . , � � � 1�, ,�r�`� , •: ���`.����, i��'f.p� ,y''t III$. .,j�'. .. • . . . . , � , . . � � �F'': ,S' C�j :��� X��{ �1.,,.i'.��'.:.� ,��`� � .� . �. . . 'y . . , . . . . . ' . ' '1�'' . _� �' ",i.:i�'ar.y;.:' �!��C',�;ye �3 .�':� �'!`. �','�, ' . , � . • ' .i- .. � 4. ''�Y�'i �r�'�.,3 -`:1Nir' 1u}l� f:�'f ,� �'}?qi �wA+, �`�'lif,ly;±^.�.�..r ^�r�}'�r,y r. , . . �, ' � . , . .. ' . . � , . . . ' ' ' 1 ;g �,i.�= '�E,�. : .� P4 .. } y � „7��� �, : ; ,. : ° . � . . �' . . r , �„'j: , ` ° ',:;.�.u-.. .r•,..z I -S4•' • . .. ,E' � .� �.4i�s. i l '�f .'ti.w���d"', .i � � i . , . . . • . . � .t. : ,�...'s�.�:1;1`���ny�'.�� '►�r ,1i3,.e...7. `� F. . � Y , . , . . 'r . � , j,,' , , • ,•4 ..� p�tx}t��� y' i�'..�'°✓s^�Y .. • ' , ' � � ' ' f . ' �ii, . .l•. �. . i .,i+�gliy�l�'i5"rti��' �'�• ij� ' " • ' ' . � . � ' � ' ' • ' . . �i a��� 'i� � . , � . . . S�° . :��' ��. �yy`:,• f i ', �j�•. . � ' ' � , � . ' �.� ��� ' •,(.!��;i�. 5 �J��r' , i . V e�e �.` �,'�''�.•i'. ` � rl'' �' ` , . � , ts� ;'ti. •."� ..`: .} , . , .'1��,�):.. +;y�' �� ' .'.7 ' ; . . , . . i'J .i.FtG, t" ,` f; �', . `1 1 .. ' , . . . i� � , i� � !' � . � ' . . , � ' . !. ' . 1 �' . ' , � � , ' . . ,, �r�.7. ' rr� � , � ` � . ; � ' ' 1 . Y . . . y r ' + � ^ �,• f ' •.. . � � 1 ' � . . :"�:z.;y�iijt.��,������ry��� �y. , , t.�'� �,,I,)��� ,,t^v�' �st��"'� 1�'R.ni ; . .,. �; �;;,-.=,��if;;,{�, y;� , . . . i.t�:�Z�S'�i�v�nt iji'��;: . • � i�.! ��'.�=�s�i1... � ' , � �� �'��.���.��~�}�:i`��7: ' ' , ' ^Yi r'j'', j,;; , . t �: � .r•, ��tiri'j . • � , , ?',i+A'� (�r�h � �� �7 � ' ' ' P�1t,�.�,. " e . ' . ,i. � , � . ;I. . . ' ' �' . ' � i . . . .. . .. ....��.�e��.u�fMYeSrIl.iS�iwe�YWVF' . , . .�r��.`�i • , . . . . . . . . . .. � ..{.�.5.�» . • •. . � . � ' st:,�='�.l.t��...'.ti�;-c.::t ..'�� ..- �... .. .. .. . . . .... .. . .ti . > .. „, ...., . � .. ,. . . . ., , � . � � •. ' , , ! ' � � , � '�`",� , . �; ' - . , , ' . -z . � . . • .�. -. , , � . � � : � � � . �� , � ' TerrY Neenan ttas served as Gas 5uperinCendent of th� System sJ.nce 1988. Prfor to / , � . ' ; . � • . ,��. •: :. �^•�< .,.. .�; ..e . tnat he served as AssL�t�t Superintendent lrom 1982 to 1986� 5ervlce SupervLsor f rom :� : r'"�. :,�; c� �`:. '�� .:� : �g7g ta l9�2, L.Itil.�ties S�rvicemgn II from y9'3a to 19'7� and Utlllttes S�rviceman I fram ''� �' �. ��, � l968-3970 all witt� the City af Ciearwater. F�e holds a Master Gas ContraCtnr ].lcense s`�.��;��'., ��: -.'.; '. '�'. `'; �. �.; -' �,. with Fine�lss C�uaty aad Master Gas Fitter License w�th PSne!]as County sad the Cfty. '�'�;�,�,� .',',r' ;�: ,,.�,..,. � . and haids ather llceases and certlticatea celaCed ta naturai gas. Mr. Neeaan grac3uated ,_. :�-•. ,::� .��' ;� fram Lar� Senlor Hig3c School ln i960 and has attended St. Petecsbt�rg 3uNar College ,' .`,,,.� ,� �.�� ��. �,�.' and the �larida Cas Transmfssloa Schc�ol !n Sanford, Flartda. He has served 8s Secret8ry :�:� �,: ��,.,,` �;:': ,.:, .•��' �� and Treasurer and currently serves as V�ce Chatrman ot the Operating Section ot the ;.y� �f . �i �. ^ .�i � y�r . � .:< -�. �'� ', ,:;.� Fiarida Natura2 Gas Assoclatlan. ; y; �,.::�, q�� .) ; �., . *i;: [' ; �.,! �..:.:� ����:� - � �.� Gas �iy. 'I'he Glty purchases Its �vpply af aatural gas from the Floritla Gas _,,., � , •- �.,� _ �:`�.-:.: •:, • ., � " ���'•r •= `��� "` . . . . , . � Transmis�ian Compar,y i`P+GT'). The present suggly at gas .[s based on service •�y�j<'�, � �;��.�. ' a eeme�ts betwEan the Ci �una �cT errec��ve as a! Navember 1 1989. These '' '�: _` '•w.,.; ;�~ • . ` E� t3' � *•_,�'�.,�::;` �:�;:;-:,:`s;�: °:�; -� agreeme�ts provlde a maxlmu�n d�iiy qtiantity a! a.pproxlmately 110,000 therms ot gas � °:� .� , ., �;" .:"h:� �� during the maaths of Nvaesnber thmug� Aprii, 46,500 therms duric�g the maaths at May �.: ,.;.:' ;"��,' ��I'' '; .� through Septembe� and 49,000 therms in October not to excee� a�g�.arlx entitiement a! .y ��t:^`'�` ':s,. ���°.. ," ,� 19,499,000 therms of gas. 'I`he serv[ce agreemeats gronide that FGT does nat liave �nd, ,;}'� ,�:;��::- �; ��s .:.,;,:`:. ..., ..�`..•'..:��,': �. notwithstanding �CT�S gnod laith etParts, may aot ha�e !a the futvse. suif�cie�t gas �,` •, �. ,., supp�les to wvpply the City wlth the q�ntittes at gas �ecifted in the set�ice ���'�3,` �,f,," .`;� ;::;.',;,�.;.'`F',- :r agreements. The s�rvice egr�ements f�u�ther provtde Lhat the City may nat hatd FGT ;' �:;�; :',:> ; ,:h'';:"•;'', :., lia�le in damages or okherarLse !ar �ny rolumes at g�s th� C�ty Is not g�rmltted ta ;A�,.-,-,� �',';'� :`. �'��z,' , receive as a resvlt o� curtailment af deliveries by FGT pursuant to FGT's General Terms '' �� �'E� "�' �'_� and Condlttons o� flle with the Federal Energy Regtielatory Commissian ("FERC"�, �xcept ,;i`� °�F`�.' .t~•i,.i�'.`' S. �,' ii''�' Yo the eatent such c�rtailment ls shown to be the xesult o! FGT"�s negligeace, bad laftht '� �`" ���' '° �•" �� fault ar willful mLSC�nduci. The service agresments expire tn November, i994. ;f. '. �• : ..'!A � ,�`:, �.t�''6/1``;�:i�M1�'1�%.'."�•`t�,1''�''�'!•� .,1 :;�°'� :�^ ::'t' ''°�' �� Matural gas is supplled to the City Uy FG?' gurs�ant tg certi!lcates as amended !n :�" �' . �: , ..., . � ;;�k.;ti ` . �•r�''� �°�; ��'��;�;� ;,. ��.,�:'?��r�.'�','M the FERC Docket No. RP89-5�.4�0. et ai. PGT fs a naturai gas co�pany wlthln the '� �� ����;:, �;�� "`� <.`� ; '`�' :; meaning a! the Naturai Gas Act �ad L5 estgsged ia, amoag other things, the traaspartatton ��`�, `; �'f;�����"- `�, �. r -. af natural gas tor oChers and t�s� sal� a�d dclivery ai nstvral gas !ar resale and for : S�. .'Sf : ' 3�; ti.° i��'�,f+.'S'?',,�v'•w,y.t•..� . k�.�I �rtl ,^1'�.,[���',1,. t•' ' V''�;.E�'•: u�timate use, �:C r.:ie gresent time FGT is a whally-ownec1 subsfd�ry oi Citrus `? ��'��`�� � � ''x �"' ' Corporatian whIch is av�med equally by Enran Corparatio� aad San$t� Inc. Enron +�`�� '� ' •" F'''•� � ,, ' �. � �t"� , r`'' , �' ' ^'' `', r ��" � :;,��r 4�',-',���;�'.J.'�;`-,�� `:;'M�;1'��.��'.;.:�:�.:�� Corporstion, through Its subsidIartes aperates oc ha5 �uterest !n �proximately 37,OU4 ;:; '. �{�"J �.i:,•l�i.t �� ,�ty , �.1„ • , ; ,� M �A �-�• R`,�;-,.� .��, -��i`;;: �.�� �«�_�� � mlles af transmtsslon pl llne trom Texas ta the Caasdiaa border snd from CaUiornia to .�'� .,e; :� ck�� . '1,�'; f�,• •;�.� �.C;' F�' ';f,`; ,�;.�� ;::'�;�:�j` ��°� ��'S;�' �'� ,.� Fiorida. Sonat Iac. although oonsidcred aa I�dustrtal compau b the fina�nci�l �,:..';� ��, �.� �;`.� �L;°:r<-��,��:�'F,�;',�'��� and has iater Ia na al g s transpartation ,:'�;' • .- "��:.`:�'c;.'�;`�:�. �"'�:..;.. ` �., COmII1tIll.�ty, ttlrQU$'ll itS Sl1b6iCl�ri@S. OWC1S ,,��,'f ,�.. ;�'. :�'�:�d�ir°.•..,�.:�.�{�.J' � � ''2i"i' >;`r�rtki�'° ���"�t^+C,.',�.1 •:'� '4';�1' •"� ', •=r�-,,.�,��;-;:�:�`�- ,; ��.-°',.: �>,�- �� ,;� facllities that pmvide service !n Che states ot Florlda� Ceorgla, Ala�ama, South Caral�sza, �:�:: ..:�:_ � ...,. �,��`: �,� .: �'� ., .:'°,`�,•`.. :,��,, �;,.`' 'Cennessee Misslssippi gnd Tezas as well as the Fedetal Qtistw e ain ln und •.� �-: ���-.�.� �F. fN; �.. �,-; _,.,�.'���°:: r Uom actd am r�`�L�v'q[ ,�;� .�_ f.�r- . _ . � t �'��1! �St�L�'i����. �S �rr, �t f"'t!f � :.��y '..� the State oi Louisiaaa� �Fr)�"i; '•�ri� Jz���� �.i'f{ ��'.":.�'��� ��. : x':t���'ti._ _SI«s. � i'F. j� .. , _ » : �s:':T�rti � FGT is cons,idering constructing are additiona! g�s pipeli�e along the west caast of Ffarida which �r�tld increase the supplies of gas avalla�le to the City. FGT has roliclted reservatiou depc�tts trom g�s gurchasers to determine the demand for s�ch increased supply. The Clty has paid PGT res�rvstIon c�ea�ges far �d�ditional qu,a�tities of gas to be delinered iu �roxfmately 1994 whtch waild bring the City�s maximc�m winter dafly guantity to s 32.00(3 therms. iVhlle FGT is co�3dering cnnstructtag t.he �dditlanaF pi�li�e� St is �ot ot�li�ated ta �o so nar is it obllg�ted to furalsh the �ity with any -12- � � � ., i • � � '.� ��•�r'��5;5; � �4't�i�i!,�:s;�st'�c�Yp:; � ; -. �t�,'Y�f..�`���'� '�`, i �'"r; :1w���t'�{p;,�;�;k�;; ',�: .-�.r,; ;; ,,y �,�>�.;�,r,�. �.'` ,.• �s�� , c,.r, '•; � �'4 .r`.! ?:'�„�:.:... � .. �1'° ..y�.i.al�'':.;'°,� �� :t� .li�.' i�i? y"r���T" �y! p�n=,>w.,.".,i.'���r,;�°ztY /y�i�. t '�f� i...F.1�i....�6���,71� � s`i>. . • ;F;�•�y`� t'�i. ��� pip '�::u ii�,N; i� Y;'' �.�'1��SAR . � �,,-�� �•z` `�� ' :r,._"t=�; .,`'�� s �:" "•�� 7�'�:�'Y.X j�•� ,` �a't� i �• i}r„C�ifii� '`, i:�. �ii'�t 4;� ��r'`7 ; oE'��� €+�.^y;��=��� t�}F�}+,�'y�,. ! �� �,t... .T `'�i f�, ty ;��;; s.; iy:y� �,, s ; �{,Fs;,'.;'.' 4:�`�;���,� �'I`4,. {.�..a;.�� � � : .� �' � �= F 'f,� . 5 � '��, i ; �, i�. f � r�,.'3; ,�. s� � . 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' � � Z' .! .�4 � � Ae � .�w 7;4 :ds'j. ,�,�� ';��' �•i• .. , . �.•3�, .i1' ..� �t � �{.����[ � .t� � �kl� � i+! . � . ` � � � . �i ` Yy � � r' ..ZC�y� i�fY"�Y,• �iKli.�.t'6�k'i� ��" ,`k,t" i. . .I: � �r . '�� '�t� .tl.". :�li::i�� y;.�'�1`r�;eY,. HrY {�tl�'71r�i,�ti.?,k },F,..p�i a , .' , . � ` . ' � . � • ' '� i -i�€y. ft.f�, � . i` :r.`�iY.d-C�� 1��'�,�'�.'1�.:ii,��,j��'� '�.,.. •� . � . • , .i•: 4' •�. �.;i:'t-r•'1,zi�#,ta � ��,�+���i FC. ° C � �� ,;5, ' ' 'i, `.�.. Y}. 4 1y � .��`�{.�,�.m ���i�G •�`i��`' �;°L�'��•. >i�,` :�: '�i`• . . , , •.�r�' � . . � � . • , ' , ., . . ' . . .F `'j:' :i� �'i;��r,';'4°i�:.�ky rJ!��Fi. rr '�� �,�. ���74M1.l�{�'a'�:n��S'i^h'ti<f:'y",'jF• - v ' . 7 . . ' . , ' . . . .,r ` � ; , .' . . . , �i''�i 5?ZS4"�1�.s�;'.41?�"s�N!�''�5 1' ��"•u�"k�?�. w ` +'(,� " �, , �. ' � � '. . ., i�:- ' {'`',°_ �.. ��i �.�r!yt� A .�=�"�`:4F.'��Ei'' ..� ^ ` '�� t' 'i . :' �c;'''''''',i i '�i�', F h ✓; b i � h:r` �3'. 't� ,i . . � • , ' , ,,'�`,:.I'.,.Ir'�``:\4k4�;! � 9 � 5t��4�i fi�N{ � 1� r�7Jt�� sa �'' y, �1•' ... . ' . � . . , . . . ! i , �,� .� ,.- 1�..,•�w5�-4�^. i:� "+zi"'.,��.�y'.ri ��. •�y';.�'�.f.1t��,.. ,� � . . . .. .. . , �i��?��,\. � ��k�'��{ , �iv'.'ekbi,rss' �;zY�..l�;•f'. i. i >�I . ' . ' .. • . " . .. ,� .�• . T�''f ' �r t� ye.j.`, if.t is"t� !, '� .�!°'.� •�'. ' . ' • , , . . . . - ,'t�: '?.'.i"-" ����c��.�?`-{:`� 1.��.+� Y! . ,;::�� f; .J�}t-{v; � y�'�' '�'��� + .�t'; , - � � �. " '; , it,s.�;..! # �'� •�` k',-�` t ''� ':• . �I '' �� . , , ' ' r :�' �',��r��}�� '�:�,^Tt�'.,F.,,kr..y'.S'f,�:...".�',� . . . � . � , . � . :,i�, ':s,: �.i'ii ��.Yi�ka9��1,} q �� . �.�. .. �1' '� 01�:�'�'. .. . ' � . , . � . . . :'��'" .,� 1' +�'�5� '� �'��q�. ��'4��',r'�ii�. . . . . . , . ' � ,.S'' :,�ri4�''•?����;f4,. �i.' 4 ��. .�S,i �,i . . . , , , , , : + a;..,; }j,, �:r, �ti• :t. ; . . . ` ;s�. t 1' t'? �.�r�" � � :i ' . . � � . . i �ri • �.i� rt�..,, g,�i;`wia,.q: , � s4.� ��.� '��' ' . . . � "¢�.•4j;�•.��. ��•. '•��S �'`r � � � , � � i�� e . . . . � � . t ,lru.'��i��"`.�;'�.T�i ,�.�R� 11(L, 1 � � �' �4I�i��s�. _ + t,,f i , � ``tl,''`i '�', ' ' . .' � _ , ,._ . , 1 'F.:;t`� �('.��P��i�,�^� i' ' ' �,�).� � . . . ' Ef,'' .. • . . ' . , • �pj ,',,,tf��'�F'b� !t�,ti�'�"' . �r ,�' ` , s �� . . , , ' ' • t ' ' , , '',', `' '_,,;W;��'u';1 ,!, •�l�l' 1 �t•�h t�A�.�• . � � . . . ... . . 1r. 3±� rihty� : �'. . `'�j+ , ' . . `, . ' . . ' . ' , •'1 l i ' . �.'.}' r. `. ' ! 1, r . , � � ! ' ', . . ' , F ' .�j�� `.Ji.i•�1,��r`,_ " ��. . ` . . �d�� �� , . , ... � �/'' '' .� `'•' J . L � t , . , . . . ,�,..' u G e S.rr\'� - ' ..�' �7„� . ' , . ::�J..:.wr•:.L'W:i�'i�i1:.w'...:.w_:n::...::an�.a.".�;3�....,....a. � ...... ... .......err., , . .. . .. .. .. � . . . . . . . . , .. . ... .o,.... -.u.:e.�a..�a�.a��.l.�w.w.r�i.:�:� , `i-�� `y 1 �: . , • , .� . .... _.. ., �,. _ ' �r4�. ',u•<j. `�i;.�.:.� <..,.. , , � . � � �..1.-�� .. .1.. f�€ ` .e', ! Y � 'L. '. .j• . , 1 „ .. . . � . � ' . . . . � � � `� .�ro..I. ,4 � r , : .'+ . . v"'; f',\ .- '.: f: �'' ,. addltioa�l �uppu�s �i gas. I.+I FGT daes nat construct th� ptpeline, the Ciry !s enkitled to ;� 's• -,��f' `' i. ' � ' `� . ' . the return o! its reserv�tlon cieposit. f�; - '� � t ;"',' -, '' .,' . . ��'.. . . � , 1;. , The Sya�t.�m� customers are divided [nto two grou�s; intetruptihle customers and �G � �'�'`' �}` ���, , _�.• :z.��t ;�. �'� general customers. Although the servtce agreemeats ca11 for dellvering the �bave ,�, '°'� °�;'�f '�•.:' ��-� . .. qvgntttles of gas, i! needed by th� Ctty� PGT has m supply restrtctton plan Ir� e!lect. �=i '����••�:�,�.��;�� .�-`�,;�:���;'; ;, � Stiouid FGT be un�ble to dellver sulficient qu�atities ot gas, FGT �S r�qutred to give the � �'� � �` ` ' '� Clty 4 hours priar notice ot any curtallmen� The Clty in t�urn may cut oif the �u .•• �.s�• ,,;:�.�:�,_ `•��.��;� •' • � `� ��'' interrupLible customers upan 2 hours nottce. The C!ty h�s uot experienced any �5 y ' ;. : �.' ..�. �r' ,: ',1 :�' �I �i1 :.+,'; °;'�;�:;:.I.,.�==,.._�:,,;,:�'. .:>�: ,:� curtailme�t ot servic�s to interruptSble customers since the wknter of 19iS-1977. �, ' °':� ��:'_ � � General customets ai the System have t�ever e�ertenced curtallmeat of gas service. T� ���,��,., .� t�-,,. •:-,:�, : ,{ , 1,,• � • �.. �' { The maximum dally usag� far both custamer groups duriag the past L�ve year5 was `� >.• ':,;,,,:.;;.' '#�: :�.2`,'. �.`r'�? +:�t`�- l02,74Q therms and ocG�rred December 23, 19g9. i. �? ''•, ' ,. ; [;,; ; � : : �:� � ': •` `. ' ,,, ,��� ``;` �.;'�a. :.;�:=<?' ,,';�:';� In August, 1990. the FGT pip�line was declared ati oQe� acces� p[pelfn� by the yf ��;��;;`:;:;';.�,:1,:•- :`'''',,:�.�; ':;''° ��, ��;'�.;'`�� : Federa! �aergy Reguiatary Commisston. As &uch, FGT wlll llow thelt� own gas a�d the . :��_`' ���''���` .:�<<; �° '� gas at others an the plpeline under transpartation agreemeats between other suppllers, +; • : , <;: ,.��,;r��� � ° ��:�.`�5,}wf!`.. �.1• •�,,, r''�:� the City 8nd FGT. ,' - ;,< ?;..�:>�; :�r•,,�.. :,. lt�� !<� •,:��_ :. ;} ;�, ,.,.: ,, �`� �.i�.':ra�'f j'.r'i�', - �;7',Y; �..' ' ^'; ��.:�-c;','�;s"i�`'� �.;.��E-� ��'r'-� . Rat�, Fe�s �amd Ct�rg,es. The purcha.se prtce ior mtur,�E ga3 is ac�usted ia �� -, ; ,' . , , : ;;r. �c . t,,. .•`�', ":" : : . .;�:. i�` '�::;` ��'� >...�-.':,�,'�. :�t,�::`';� accordance with FGT's Purchsse Gas AdjustmeaC per FGT's Geaeral Terms and °�: ;��r� `: e�:'',����-:�� ;�;::F�,.;.i:=':�'u:'�`� . Canditions on flle with FERC. 'I'iie Ctty Commisst�n I�ss eStablist�cd a schedule o� ra�s ' . + ' .. L.��' Q i; �, -`. �_ �;'; ;r;,"z, -., ., ` -}: +�� ;, `.'.,:. � �.` `;. sad ctsarges by erdinance, whir.t� i�clude� a purchsse cost adjustment provlsloa allowiag ,: . .t:.•., �r .�'.,,:>�,-� .�,��-,� ost :� --� �`� M.,.."�'�� ;��:?:��� :,�� �;`;r`, �� the Ctty to pass-through to customer� aay Lacreasc or �iecreast .ia the purahasc grlce o! �':�:~, .:;;,; ;::. �. ,�.4, . .,,...,,�- ec Yf ;i�. .�.-=.tfi j�f.. e.�'�',i^� �R ~4'�i -:' ,.:;��,� ��• �,, ;• • gas. The City is not subject to re�lation by �y st�te �ge�ay in tstttbustting ar ravis3ng � .°;�,•,,:��'s_..;�'E.,:`�'�i".,:�° �`;':-"'-:;`� ��``�. Ik5 rates. In the last ftve years the general aad intem�tible rates have rauged from lows '� ._ �.'�t �`:. :;.`' `�` ;,, -°�°._ ��•;�; -^' 1 ot 53.380� aad 35.307� per therul in August, 1986 ta hlghs of 74.77� aad 51.658� per � ..".<l�t" 'i.. y,. "•�lt; �"k�4-.::�, ' 'Y"�'��.�.\i.s�; �'3.F .��. � �f :� ;"; .:,, �:�'`,r'. _,�. '•-: ":`r�: therm in Febnsary� 199I respectively. The curirent t�tes arrd charges �re as follows: ��, -:.�;�,:,;,; � ; ;;,' �.., , '�•s:t��� �: _..� , ,,4�'. . .. ; ... ;.L ��' ':f�i;:. r; `': .i{• 3yL i.r ���;.��� ;'s 'r'�t: '�: �• �i:�i�,`,.rS: f ;.�:���;°:�. ;:�•,r�, ��Y�,c=: ;.s'�-' ` Rate Schedule Rate per therm �_,;' ,- i.F:• `''t`y .=.t; �,�:r.:- � ;�`i' :p..,:.�;k;n. ; � ..},, Vf`'.;.:ri"�'�'+',�••: ., ',' ;: �...��..:�:,�:ti;.. �,s�� a .� >,.• ;}- ;: � ;,�; . �ner�l fifi.682� ' I.".��',��t .',;°'.Ni.=.S'`%''Z'�'J y[ -?F.'S�i: <, 4:. � ti. �.• L 1 .:t•h J j •' �� f� �� �},-'. �I c��r; � t A .i. , i� . . . .. ,�,�:�,����,, ,=:�-5�:��;�;�,,.Y ��;.�_.;::;.. ',�r, Intertvptible 4�.ss3� ;; ± .. .lY��_ {j,' .lr �4 � . . '�i it!�.i:i',-w?:n.:;?"�.;':,:iMa'�''i�� `�.?e";':�';� �, �j , , � l , <fi�'�?j+' � .. A '�'°���'- Servi�oe Ar�ee. The System's present servic area ca ers ce tral and northern :=.i.;; �i:a�zt.;t���T �£ =;;�;.-a:;��f���,::;,,',•;_.� e v n i.�,:;',��s °��' ���rs3 "y,z�;r:���;�`� ;�,�3'�� ai'� ,� '�:.•�•�c�. Plnellas Couaty. an areg of appro�3mately f35 squsre miles. The senrice �res �S bouacied :.f.:rt,a;�f:a-t°' x,'�J.r ��'r�r'c�;',.�s:1„'��`:�.<1'r.e . ,�.� ;f �� ,�: .�A��;�f� �t����z�s �•. ;�° tr-::�,: by Ulmerton Road oa thc sauth �e Gult af Mexico oa the west, tha Pasoo Ca�nty liae on ; �,j c �. � .: . i� 7,1 �;,;: � •)%:,,,f� � p.j+>�:r � _L,;, � � „..'3 � t.=4z'} ��r.1�i.;a;f�i �..�ik'A.r`",�yt'k�"+'i;�.`i�'� �1@ I1Of�1 $Il Ofl $ P'.�BS Yi1 (� jOQ .}r�y� x�; ,��� :�-� �, ,, the Hulsbora�h county lfne tn � a t co the city o� j'Y� 3.Y.p ,� y K' i{: :�., j � F. j �.;�y,�E, i��„�f���,:'��c,,������:��r>, �S���-,��w �� Clearwater the service area includes the cit�es p! H+ellealr �Bellesir Blufis Dunedin �`'��' �..,;..: , . , , �L���t 4�Ki 1�5� N'l`{����, �.'Y'. Lpfl� .A.. O ��t..;_ _�� �s�} fy �'�-;�LS�:� �;��� �; �;=�j Inciisn Rocks B�ach, I.arB'o, ldsmar. Setety iiarbor asid Tatpan SPringS. as well as ���,�F"��':���t;�i���.`�� � r���~ ,�:�r?�y�:? pottioas o# the unEnoorparat�d arcas o! Piaellas County. i`� ��u r .� �b.._��:�,�5;i`i� �. � �� 8 As oi Pebt t�ry, 1987, th� latest date as oi whlch th� inlormation !s rcadlly avalla�le. the �stem� customers were �c�cated as showa in the lflllowing tabie: �13- . : :- , - �.� . . jt • '��f�a 's — — �-- � � i '' t L� � � � �� 3. �. . �E. .� ,� �. � . 1 '�. 3�j, i �; � . a ! � : . ��° � EZ'' j « 5� ;� � �. •: � .•w� �__.- __-. x ..,� � wr�N.Y.�1..ir�:.�1�"9.' Y..wY""dF` w'k���l�f�M� '��R'.d��s �t''+�7.' S` �,1kFpte;p�:� .".�.�c..^E�"'rv ;1Y".t.. ,..e..i,.y :[';r i�?"�'�'.� , �,°" i,f:� lw f.'= ' ' �„` ~ . ,� „' � u,�;�� . • �,.�y. �y' - � .. . . , . , . . � . � • � ' . �.' v ; ' • 4 ,i..��^,: , . � ' • . • . • , . . .. �. ', .,. � 4';t��3r- e ��j� . i � ���' �£� ;.k . . '. �' .� ' �� �: ,." • , r�,' � I'' �.�'�' �-4.,. �'r��° rn! � ���4�, '`' �:�1 lc.�: in = =�: ' ii_. : ��s < . a 1� � :�. •�.;3_rd �2'y �4' :r, ;1 ����y ..s:} °«�*.�E.`t � � s : , ��,'�F-: ' � . � � t .r 't,r � • _.: 7.� 1.: S '�. 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'• � ;,. 4 ti . , , � , . . . � ' ' � :, s. � �. w '! ; aa'.:• '��'���Y;;1f�:��F��1...�#z.� I' �� ;�M.iaLee���.L��1�Y��1S%�"n.r_n,��..R�.9:Ms'f�F%�AL'K:lA..�V+r.W�....:w..�.�ner�.`.a...,.v.,...._�st�.-......�....PW ......n..�.. ..» .re . ..s�e.::..t:.�MV,L'IPCr.L.+::d.[L:l.wi�:.�u��' .ir��-t�,�";i.l�j �;,�k, n��,�; s.1,;r�t: �.{' ' . .:,{��. �?,.,�S�� ;�$;,`�,s'";t�y3t,,�r}t::�,'i:`,�• ",{.( .:�. . i�,�' .•�€�{�'=t#N'�. !f Lu,;�i'��°'�5�5.:��,'?�.:;�, � 4�' S �' 'j ��� ' 'f . ;�`!•�� jy �/L � �a1:k��rPfrUR� 4.��j1 � t � Y��� �� �f'� ?�1� f' ,i:. ; 1 7��(, s .F ?jM j. ' ��' �lt�'�' �'��.j1•�• e' ��i',,•�••• ' � '.Wl s�� �'�'>,:�v.er5).r'i.u'#i,�.ii��'�°.n.".�:'_.'' . . , ^'l. � ' ±�'��.,�;�!�� �.*��.,.5.�;..a:r,��:..�W...::�e�':•,{•�.. � e r i • a .{�C;..S,.- '�.^`..'yi:.'�z i.,1'. �-. `�:33%!3'F�'� 6,7�;:�',, ify�„t;:,� S. t.'.��. !'� Number oi . � :L..`�,�.�;ki�=r��'` ;'�;� -� r � �; , : i�. . ,.' .! Locatton Meters P�rcentage �t� i'�`t��"i �'�':T�'�;',`11';�'�''���'; � �� - ' �1;�i` :'� ��.�!5���;�`t'. F,?: .,'; : �i' T:: :; , ;` .:, : : ,' ': �elleair 167 1.5 � t�`� ;�i�s� �:'��•.{:`� :�'- �°'���-.` Hellesi�' H1t�f5 12 '� :;� ; - ' �: ~� Q.1 li'�Y �?',:'^'t:: ��:'••`'..�. ,�' ]�`;...._�'•i�� .. �y . 'i,:g�a ,�:�%'°l�'o ...-,:.�.�y::� '•.. �.};:::�";::; Cleg-rJwater 6,913 52.3 :� : �}'�'a'��j+��r�}r�W��'���s�k.'�i.�•J , y.''Tf�`.ii����`��j•,F-�'•��tS YWJ4W� �'{O� V�✓ �v;'x.cfrM l�.;P�` � r,F:� �,,�i: �5',�`t�1j4,�.:�. �,k �. �.�:�;;b.�:��_..� `i;��_ .�� � 4y;,,- �•.i:.: I,arg1� 1,i38 10.3 e�'�'.r°.a�i.�S:t�.�ri''y �`.:.ii. ..'�'��;i;.�;iq�^•'��'� `��_1�� �_ ;,�:°�:�•- .:,< ..... �� � � Q�dSQlai 1C Safety Harbor 37& Tarpan Sprl.ags 81 UIIincarparated Areas 1,_ 283 Total 11�� 0.� 3.4 0.7 1 I.B ia� The Cttq provides service to noa-interruptible and intemcptible classes of customers. 'The 5ystem derives less tizaa oae perce�t af its revenugs lrom the f�rge5t noa-intetrugtible c�.stomer. The #ollowl.ng tt►ble s�ows the five �argest inter�ntptible cwtomers by pealc maathly cans�mptiaa and the percent oi the System's reaenues derived from s.ucl� custamers durtng the 12 months Emding 3une 3Q, 1991: Interru_„ptible Metai Indus#ries, Inc. Mortoa F. Pl�nt Hospital1 ARA He�lthc�tre Textlle Se�'vices, Lnc. ,� Au�rey T. Moareiield Pavsng Contractors. Inc. Piasti-Kraf t Garp. Pesic Monthly Thexms 62.950 56.300 ss.sso 36,570 Z4.850 1 currently using an altecnative fuel secvice � oi Gross Rev�nues 4.Q 3.0 4.0 . 2.� 1.Q The City's cons�mers i�ave grawa iram 8,914 ia 1985 to 1 i,fi50 ia 1�. 'The City's 11,fi50 coanections represent s market penetration oi approxlmately 6� . 'I'he follav�rtng table �ows th� breakdowa oi the City's customers by categnry as we� as the volume oi gas spld to each catcgory aad the sal�s reneaues generated by each categary: tatem�tible R esfde�tiat Commerclal . . � � ., .. : . �..........-.-,. ,.. ���. � � No. Customers � 11 9,777 1,862 ,, �. -14- Gss Volum� 20 � 22� 58� ----- - --- Gas Sales 13x 28� si� ; � • • ,,.� . w�.�,..•.,.i,r�r ,.�:�r�.,;, 2�',.�a�;�� �: .n.� ..rv.r....rx•. =.��w,n:,' �tL't•z;w�.Y .e�.,...*{y�!�'Td;ti��j'•'. , ��4.:'..c' k. ��;tr � . . .. : �����b,3i.w�q��.ei.•�?�n,x yw"�,!n'•�r�.�i.�e,�,•� ;va!stY� r . z . 5.�,.:,. . , . ! , . .. . . . . ' . .^" ''s.'{'«: aie�;, 1 ��'+3. �i [' i' [ . r�i':`���� . . � , , . , ' . �.;,�'. h. . .j '� a i�.� ': .i .h �i,!�; e_a�,j . E ; _ �,r :,j��S;e�F'�,fi f'ir � �k �t ,H. :� y. . ' . t't � ' '{.. ��� L' � k� P �r `''fe .' "T1J• 'a. '�, t. :! 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'.t�tY��yn�.6�1r•��]�j�k�;i c� j'�f�. ,` �' •6'�,u.at.,..ss�.��.�.e'.3A�f:z:i'.x/�:4.ura:r�.LW.enar(-sa.nu'L�.s.�.�:�n'��k���.�.,.r.w.:..�>wvw„a.-....rco..,w,r�...s�.e..�e,.�r�.._...rr.', _.�...�<:�e....;l�drr.,�•�f..w.....��.Nr 1n�ri "r '7��..`��!��?�';i.�'�," fi,•.. . i:�::S�.�M�ii��..eti,�+`:i'..�3�.'4:�1�3�..�. �. 1 � i� �`• , ` cy' :h .- .y ° r Y�}.�°h.i�. '�,i;"� ' �. . r� i .�f t','. , ; , :•1: 5,�c.a,,,. � ;:s �`',r�„�[.E� tL' i�i•r � �i�.i: � '.r"� . . . � .. : � . _ ��":";: f d.�n�� v S-�.�' ' , '}•,j i ai.a tu �.?%+7�`�'�` .,,. � ��, :w j��• 7 i'+ c�i �x3,e.f':...��=.�� •1t�` .� ..y. • � � � �` .�.,. 4! N �r ;�,. � � ; xl,�,�. d,: � '�'•,=� �� ��• �tj^���;9�"y��� .{=r `�iry •��.A�".:i.'s1�' - . ��t,�i� ::'i;' �� F`ti 4 ��R'ai•'i`Tt��✓iF:.Y' ,��.�!.xr Ir' s' .C.'' , . ieS� •S J �..' `( k ii 1�/� �� `������'i �fiS1:. F:� 7.1 . '' V±�'y.•'�.{ �' '3 ' . . ���F.�'��b�,J1F'��N.�! ,�..j �i�"�� r.��•t�.r:a`,.�;_ ;;F � >,^:�',:,�,:' . , ir�. � �¢ ,;�~• 1 �R.�,.�t'�,L. i��t:,%�y� f'.��:,si'. ��'`+;,:�.,; X'�`<:,,+:�.., , ���?L. s�,�� i�'t����' y' ,���:{4���r��;n �:• a�'S;''�r.}r..y �•,'F c�t .,,_•::.�,,.� �*i� ,, c gll y ���7�7r.'trj3i, �'.�.',4e*':"' • ' }K'°g.j. °i � ! �rTf,�r +i 1: ' 1..'� �.•??s�_ r t:.i"�, �:'e :•' ��r'.� r' ;, ' ' E` � '� � ,.j,�,,.M�;,�., �.�.,. ,,� :;,� .,s: .5.,, ;��; taternal I�. �rtor to l9f30� the Ctty tunded a portlon ad the System s capltaI ,�; ��,_' � r-.,, z�'.� '`r�-> -`.•:�;.;.-a� �1.,;, s5,.,,:� , [mp�ovemeata Chroug� an Lnternal lo�n !mm other EAt�rpxls� F�unds. Thls non-interest �.. i�'�r�a i7';�j.T•^. ��,""�'�D�1":,�:•� `'Sl '��5' �%�'�������:a�:i��i�� :`�;:`:�"���±:;:`:,' bearing i�ternal Zaaa wds hLstorlcally c�ltied on the baleuae sh�et a5 the current �_' - �',,� ,g` 3� �� ,� ��"' °�:,,.,, �.�,..�'.�•-�.; :_: � ' 3abillty Dtf Pooaed Cash inves Cs. As detatled In Appeadix A. the ' - � ,� � " 5 3i1.. ��5'��,; � �� � . 1 " lcit In and tm�n " � �, �. �� _ =�"* '��r �. •.�:; • •, '��: �.,� �,`�;�' �,:`'`� :: ��,=.�r.�,=�:';:s'fi;�,�'�; remain�g belance oa tl�is interasi Saan wa5 r�classiii as "Due to ather Fuad�' ta the ' y�- �"� i. t,,r6: sf�7r. ��"rl..ti� i• � ): ��,"� ��'�s, .£s��'�� -,. ,,.�-u,.�;';;,. �.�, Ctty's #Inancial statements es o! 5epten4ber 30, 1990 aad nett I .' �y r�. �, . • •..Y•,, : � � �,: i ed w th ottter amounts due , •.; :����. .� "�s�s � ±_; � ..ti k'•:.� .,.,,,.ti ,, ���,;.��;,����;;. �y�,;A�'• `"'.��`,,'E;y,,�;�.Y.ti; to or from other luads}. _. . _ � Ca�t�ta�at� Reoommendetlm. The Ctty cecently engaged t� aatia�al tlrm oi accountants and mant�ement eansulta�ats to �rrepare t� �usiness plan far the System. The consultants id��tified the stratc�ic g�oals and objecdves the Clty should seek ta achieve. First, to retaip cwrrent Systeut customeca aad abtnin �ew ca�nccLlons, the coa�vltant recommend�d the City improve Its levei ot servtce to Sy�tem customers by, among other things, provl�ing 8cldttlu�aal tralt�ng a� S�►rtem empiayees, addfng statf to meet customer demancl, provldLag service more promptly and improving ct:stor�er relations. Seco�d, to preserve the System�s develagment potentt�l. the coastyltant alsR� recomrneaded the Ctty e�d the System north lnto Pasro Caur�ty. The C! .ty )s ImplemenCing plans deslgned to eccomplish �atl1 r�ommendatfot�s. � �S � i m � �. . , ' . • . � • ,_ ,*.� '� Q . .. . � � f ' � - . . � . . . .. . . ....... . . .. . . � � . f � .. . :. .. . . '�^ ! , . 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'};�';��,::,; � :,1'• ', CTTY OF C�.BARWA'I'HR, FLURCDA ��+ ��,: r .; ' ,�. . ' UTI1.iTY SYSTffi4I GAS DIVSION Lr :(:i.,( .•� •,�. . � � ;�'�_ �,` !` 'I'' �' ^ . ;t,. s' �.�}I ' ' COMPARATIV6 FINANCIAL STATElUiL�NI'{�} � . . -��.�� :: � t�:':�t < � =:; ; :'. :;��' ', �...' :. , •.:,';,';: > '<,,.; ���,.,;;, � Fisc81 Yesr 1988 1989 � 1990 � 4:�;r'`� :j� '�.. `�� — a� .�tliv;%,',i.''' ;{i��;? .r+; 7,y4.a��1;.'� ,�%T,�.` Y;r :_�i", .:s j GRO�S REVENUES: — - ! �� ��i"r h,� � - :.. '�r'. #tir T,�s'•i. �;�`,�... �e��;�.-�i..i J.�II `,fki�i5.:h''�hM, i ,ti: 'i.ci'�� Y ,.v.S,`�a�,1' 7':;T-r.r �r •�Sa�':l � j'L�iS�`� .�.'Fi� �y:�;t��±�i`•s-;i:�: �x r'�i5 �: . ��r�C � ';� :e�`r.+�;"�";���`' ;��r!F,:6�:�t'� ��,__�;I'. � Sale�s to Customers a8,993�905 a8.715�030 �5�026�884 Service Charges 328,814 272��91 322.993 Earatngs on Investmeuts 198,385 180,972 2i0�076 Other • �_ 51T....r_._-------- 2,iB7...w�_---�------- 6,206 Total Cross Revea�es �9,4&7,62! $8.170,280 a9,5B6,159 COST OF OPEkr'►'1'ION AND MAII3THNANCE Personal Services Purchases tor Resale Oper. Materials✓ Sappiies Tran�cartstion Utlllty Sernice Repetrs 8t Matfltenance Interfund Admin. Charge Taaes Other S1,4I8,352 4,073,3&f 139, i 28 29Q,007 27,328 142�178 540�838 227,741 450.155 SI ,5B 1,460 3�873,581 80,195 287,it7 2$,469 182,179 486,222 212,?9? 546,768 sl ,soo,asz 3,933�459 85�YZS 222,352 39,4�8 256�fi71 484�820 239,9Q3 �81�OQ7 To�si Cost o! Operatiaa an� Maintenar�ce �7,309,t 11 $7,268,388 �'7,444,OQ7 Net Revent�es �2.158,510 � I �901 �892 52,122,152 a�::sraass:ss:rwaaascr�wsssasaaasa�x���wsss�===mn= Saurce; City oi Clearwater, Aanual Fim,nclai Statemeats. � � � Excl�des Deprec[ation e .,-•.� - ��;; °�'� � 1; .:1' �� • � ., . �~�. . g ,y ��;�' •�. . • � ���ti ��, � i r ��k','���� .! �r - Ifi - . . • - �JT�i�ww .. �. � /.. . . . + 1 � �:� � E,, E�' � P �` �� � � �s ' �`: t 1 M1 } � i,; 4 �7 j • I��`v � :1 ii;,, �� � � i. ' �.��, k ,� � �� ,.,� �4 �� �:. :; � � �� y �•� ., ��, a ;�f ;. .. :+' i .r �: , is � � f'� ;�., � :4�+� , ., �, ��;�' ���; �*:� � :� l � � � � _ t . .Y � � � h 1 � Y���. t h*.SA :j �� °, � � ii i' ''� ! }4 ; M1� i�����`f .•`�Snl , „�;! •''�'•i�1!� ��!. R C?i�•C'f 4 I :t',` t;!.''�'•; •-S k'SS,Eie' ,rl°1:,�:. y� :'1''� V�F:��r'wli �1 `}.�.:@',b.�.I�� .t:t, , , d�.._ .. .� � r}'?�nir;7.-Yt.�'li?"r�!S,. ..7--» � x : .� •,,.�. ,.t • r;::r... .e., .rw�es.,r . '..•.. 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'4e'•�_ 1• a F' �} ' �".� � �'�� - •'�' , , ]] `' �i• �.'{t �.!'',' : S� 'f • . . � � y ��. �'fti ..;�� ./.: t '�� . � . ! ' .���. `.F.�F :.i � ,+' `�� ! • � . _ , � � . � ; �.'':+' , . i •,�; �� � � . , � , . � . . ,�� ';;, '�,�` • . 3 . . ,:,;� . � . _ . , ��,ow o� �r�xns : � , �;�t; ,,; . : ,! i -� . � �,�.'�: �.� . . , . � i ` `: • � . '�t • ' • . . , F�mmt d F�d�s � A�vEmt� The fol�awing ��utds and Aacoun[s have baen ,,�� :�r �� �;t�� �" �°; � • ' � . � � , . . estabilshe�d p�r�zant to ttie Orfiinance: :r7-�'S�5`7'�. . ,k . . ;''-; �:f �_..;s'; ,.�1=`. ��`.:z� � �� �'�.. -;, " � � ReQeaue Fund '��y',:;:��,''��.����:�'`�4,:`1�'yi . (3p�ratior� and Maintcaance Fuad i',f" `� : 3:, ,,, ; , . , ,. , t . . _t:, �:r3..�,��:,����•:%':.`.�;.'..' � .�rl�[�I1$�tlll{E r'•'I�"' ` � �.: SF: .._ "�' . y ..k.'..: ' .'' . ��� v .. ,, ;- � � - � lnterest Accot�nt N;��.�I� _iv� �.,�`; �.5 :F�' .. s `�. �' i . �.� �;�.> `,•q,'� �`.2X �,1w' "'1 . :` ; l�'n 1.�'h.. �{ { Pt'inCIpsl AcCOUnt �- �^t���� ;_;� ��: ; ;,��°� . - �� FteServe Acco[ttlk ��, .,k. f�s'S �l� . ��`_ . . i� ' _. ti- ; ;.i�,-, � ;;: .;��,:..: :�° `:ti� �,�''�''� Ha�n� Aaiortiz�tion Account °`:, �'4 •• <�,�' ��`� ':+ '.`.;,;"�.° :;� Renewal and Repiacemeat Fund ,�'�;.�:,p;:_°r'.i�i�t`;;r,-: :` %'i," °:�':;;':�"�y;':`.'��,:� .: sL'� .;i .?_ fi.�� ,:,�.�' ;.� ..j.'1( i,..., rt•- i. �; 4;,`.�.�i�;Cr:•':.i-" ,.: ,,a:i<;.,,,+ a.,'r: ,'�:; ,�:.f:�,,�>•;���t�i,?;_ ��';:�'.�_��.�:'��,��i„�:�:.�"` A separat� subaccoe�t i� required ta t�e ma[ntaSne� 1� tt:e Reserve AccaunC !or ,:a ; ;, :..,.���:�..'.:,� .:�'. ,},:..',,':,,�•_.; ;.,�'.:,.,, etich serles oi Boads. ;�,<.;. ,�,:.�. - �•.� ��;,; :; a� - .�:.�,' '• .:•�' :�,.�: �,;.�;'��.,�;..,1,:,`�:�:'�'.�, ;_.`� �.: �;. ,,.;�,;.�.c::''� tr, � , ;+:��. s � , . � �Y. a�;�;,�:7{�,::�,, `;'.i7,,'�' �::x,::,:t�:. �ity d Fb+r at F��ds. The entire G�rass Revea�tes, eiccept the incame troca y � -:,���` j:,, �: f,., ,,-. :; .;., ',�,,� .''�•-': ��' I�avestmet�ts therelnaf ter dLscu.ssedl, derived fmm the �rgt�o� o� tEte System must trs .� 1 [ �. Jc ` �'� £ 3,•i�Y .a'`>,�'.:•-;��;-?,;'k^:;.,�:�• �;¢',:�,T.;-:'''�,- depasfted in the �tevencte �ttud. The Rev�nue F�d aonstjtvtes s� tntst tund tor the � :.,�r_: •�-.�.;..r���:�, ... ;:, ,; � : ;., :� `��i':�;�' ;�;�`t,�,;:;;,.:�`a,� '.-�: •�° �. -•�'':�; put�s provfded in the OrdInauce. �d must be kept sep�arate and di5tinct !mm all ath�r `: ,, y-� � �_�; �.=;.Ei:,: �.,`"�,"�±.�.;'::?,�'; :'��. �� :,� fuads a� the Clty aad used oalp tor tt�e g�uposes and in the maansr pro,vid+ed la the R.'� . ��.;z`�� F;-:�;� :��•'•;;'�;£;-�'<i'j`i;,:'�:,;'.:;,,.> OrdinBaCe. � � ,;.�« , , .m�::l._:i•�, -f-;;- , �.. , r:' ���T . �: q .{ ,r;' �.. :; �4; ' . . ,o��ti• ., ti1�.it° }7i`3�; . { ,.1,�,'��, � ,�.�_:. : ::.t: :;,;,,� ,��:a���<,.:�... _ ,�};.;,u, p }.^ . -�'��� �:,�: �;:�;,:�;;,:,.,��FT��?�:;;..�� ��'. ,::.,:, Ai� revettues �t any time reiatalatnq on d�po�it in the Revenu�e F�ad mtist be ��� :.:.4 -, �,�'��;� . . „1-'�;:�:;i.=�_'''.. ;`'_`' . `.': disposed �! on or t�efare the tiiteenti� (15th} day �t ea�h mantht �ommeacing in tt�e , ,•�.:}:,};•• ;a:`�°u�.,s�Y`:. �.,. i'+..:;� ::c:�y,��"�.�,. .-,_ °.��; �'��;: �; ,?� ;:' �k ., ,': �:.^;' raoat2� Immed�ateiy �oiiawing the de�ivery ot the 1991 Bonds onS� in the lallowing manner ��^ _� :s':'`.t,���ti` =t`���.�:�r=:�;; �:_;:�`�� :.,�-!"�r.`:;'E'�' and in thc tol�awiag orcler o! prfarity: �._'f`,�,� �'t.a ,�4..)'� i •,�'4:r•• ' �i`ia+�',. :,� 'Y.`�', � a �Y, 211.e [F.4 i'i:i,� Ifr�4_r�,�•' i.-:�: �� s."� �.��7f%L>v ;,' ��fy�s� �:v �r'i i s.'�ri�+ .tiR,#.�., ��.,ti' . '•�:��;�;��;,�?,;�;'w"�.+;;:r�'�';;,L:;:'�.;,:.�FeE.,,.°,:� t. Rev�n�es must first be used to c#e�oslt Ia tt�e O�r�tlon and Maintenance ��.��'� .%'� ;r..:°,�:y���,�'!ar.•l-,.~ `,:;����:,,i%,==':'=.��:� Ftxnd, such sums as are �eces�ary far the Cost af Qperatton aad Mainte�nce Yor the next 'u�'�`�;� ' - � ;Sx�S, ,�. .,; ��. �."� A �t����: �?'� V �� .�.;h�'S,."; :�;; �-,:, � : �G������ ° ;�..,•� ; F,,; ensitfng inontti. ��`�' a .�, ,�F',:�f;_,<•:�';��:;Sa,R .a5 z..iE..;,�.� .:�E �:."��.� ai �. �s• ;.R.:. .' 'j>;;.4'�.�I,.,+'': , I.+ f�"'��� `.� 4i ,t:'i.'f. • ' i f.r�. . . � + � r��� �i�$ •�'� "�r� "�, .;� �� �,�`:; `���`��� �.�;�:. �.;:-��`.'`��'��':: 2. Re�ren�es must next b� usec� !or deposit into the Interest Account, '.'tiy'�?�'%. �y r-1,�ii;:� . x,"r, :S�'i'F^�,e i r � �::'`+ �r�n'�i�;ira � �"%n , �'' i'�•<?� 1k^i�r`�� e-sGcth {1f6� of all intecesC bec�miag �us aa ttte 1993 Bonds ,::�.;�� �f��,���- �,����� 4��:A.� ��'- ;� ;;�;� ��.�;-. , as wu� � �ricie�t to �ay on :� �� �x��.,�,4:�� ;��� ��f� �;� , �k'��: '`:F� uat interest psyment date. �.z��� ���- ��� � oa the e i b�- r� �� ti n x,t semi-an.n �:: .�i _. `L::� 1�. �i^'w.F't. _4. ��i: R. :'��tir ." _' ty; 3, Revenues m�st next be us� for deposlt �to ttte Princlpal Account. in any bond year I� which a S�riai Bo�d matures, svctt sums as wlll be ��Icisat ta �ay o�e- tweifth (1/1�) ot t3�e pri�tcfp�al msturtng o� Seri�l BocEds in such year. 4. Revwe��s must n�t be used tor depostt into �he Hond Amortizatiaa Accownt� !n any bond y+�' !n wbich �n Amortir.atfnu fnst.�llment ts due� such sctms as wtli be suif iclent tcs pa�y anc-twe�f th f 1/ 12y � tha A mortiz�atian Installment rec�uired to t�e mAde � ssicl� y�ar. � paymeat rrill be credited to a sepa,rate spcciai gccount !or e�ch ser4es of Tecm Ho�ck� outstan�iaa, and if there is mare tlian �uue state�f maturity for Term Donds �! a serses, then itttsa � s�t�a�rate �lal �ccau�t ia the 8oad Amortlxt�tion Acoount far each such separate �maturity at Term Bcf�ds. The lua�s Snd Investments tn �ch such �parate account are plEdged soielp to the payment af princfpat of the Term Sanc� of tt�e seHes or mat�rity wjtl�in a serles tor w3�ch it is estabiished a�d wiii nat b� av�l�able far - i9 - , r ..__ . . r . • � it,r;.. . � ♦ � k � �: r � 'L- , ��. ; � � i�yF= 'i ��" . �;1r� �:� . �,� � �r <�'a ,t t •J :, �` :► '^ ; , � :t. i�; � �. ,: � ;. ��`. ;,.. ,� pY Cj��i. � L �' �y� � � .� �, -� ��, � ��7��. -? � ��`�f i '�, °�; .,�• ., . . . r � q � . .t. :�e� e1 +ti1'ytiS,�1�.�5 y'Mj�C� .��',r�r�f u"�rer:. � ,� t4 r , , .. , � . , + .Y� 5. ; . � �y��r• � �, � �',t�; � .` ; 6: ' ;� �"ti�# Y�/�� kt ,• t � ►,.,,r.,� ty,,.,;. .r. �4� . , „ - . ��, . , .... � . . � ' .'�a�,j,��'� �+9°iy4' �.i (;,, ' Y ,r , is r,� +. '^k�4 �, � •,. u , ' , . � , � . . �; ,a'.e;a,?';`,s;��y�;,a• � ,� a ,. i' . .. . . : , � : �. �„ �. :, y> ^� `si'�=�lYjl� =•.hi��'t', ' � , • ` - �.�. . � ^,i:�l''��.. 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' � � • � . • : ` . 1_ � '�7f':� ' .�.''� � • ' ' � . , ' . � . � . � �,,.i �.,,y.• � r.r a "H��'�' � '4 ;r� .�" " ,• fill.:wi:"..w.�.:{J+ss:�::..t:r4..:f....'.._�.«. «...'T:.....e-.r......... ..,...... .s.�c- ., . � ..,. ... . . .... . .. ... . .. �. .. ....�a.. ... .,r..r..wn.�+.�v!`+.t.4:�tar`'�..311wh�. � . ,',�i1,'�°.�s�� . , :1� ' �'��ar'-Y}?:, . -' �. "1'k;.c-,s„ ` � .:t. ' . �� + ".°.;�i:�eey �;�i�( �. 7. . . . . � � . .,K..:..'{`�ii�� �r�• ,�,,' 'tal, L� ' al�'.��'�"��'°.� .. �1 .�. � . . ,' '�"':',"x". .d; 1�.`V�S4�lL , . a E, •i � l � ,�i. . . '.1` .} ., • Vi`1 .'�'a•��:1(rM�lr3.;+.:'�i • '�.3..: �,l � }. ..�• fy-� . . ��P.,,�-••;:r'n":.��y s . ° . 4� �' r ;:;:'� i�`t�•' ��,:. , . '� - " ':�'��:'S�x �� � -Y. .; , . x. `tr� k� � , . ' .. . . j - . . . . payme�t, purctiase or r�cSemptfo� o� Term B�ntls ai any othe h • t , ,r, `{� , =l.'��; �� � :{;��,�. � r serles or wlt in a serles� or :;; ��? .�a;�;;��;�_±,...; 3. . . r,�,�- e �. :I F�,:: for transfer ta anY other ac Ing p Y '`�"��''� ; � • �, • ;; . ; count in the S�k Fund tn make u an cteflciencles In : �,Y,{;� . �5 ws�h�;:f�?rr� ;�;;, . ., , ` : .. equl ed paYments ther �: j "" ��'` °' ��� � � . r r eln. , -�;+.'�4 �;.�} ��'.-, �,.,:, ��.. - � . .i.' ' - : , � ":;�».:,3Ma:F�r::rr�'z':;��3.".K';, 5 � , . . � . ��. a r -''' :SF.� s. ='�!r, f�. _ � �;- Maaeys ora degosIt in each af the separaCe s�ecta3 accaunts � the f3ond `R,S��lp�'a,�7-:,� �,�s����y� :��. .���.� ,��.{ '. ��. � ' AmortIzation Account are required to be us�ec! tar the open mairk�t purct�s� or tite :;;�'��;;r�;�'�� �s���. :°{,. �, _. . . , , red�:mgtIon at T rm 8onds. gursc:an �, ,.1;,,°�':L��, ,� �'�� • ° �;' - '- � e t ta �he Ordi�nance of ttie s�rles or maturi ot Term "fi �ti�,;��{ '���=��ps�:��'3;'` ,.' `,�'.� �; .�;° ��z�. ''�' ' BQnds w#thin a series tar w�ic� s�ch separate �ectal accoant 1s est�i�llshed ar may "} ��t��:�,3� `'��,�,��;i • ..r: �� �'�'�'�������� ^� ; . �'%;�� `P �5 : �. ` �:: ` 1 be inve ted untll the s ted c3ate of maturlt • �' G�s`�'�`�" � ` �4 � ' ,�: . �'�,: ..,-�.�:::,'" re�ais� is� sald s�parate �ia a�COtint t�nd S t� Y :;}•:.E:?��; `',Y ;� � t . .� ' o! the TernR Sonds. n �,t {t '�. s,.; .�'��- �.�ia� .�' . :.s�' x ri��.�-t�7": �3�3 s �. �' ,�1: • . .. .` � : � • � 't `'�.��c f ��,v?� i � L = ; � ,; . ; ..; , .ry� ,. ,'f ► ,,,. . ' r i r s Ac unt and Bond ,n��#� h�'`��-` � �•�� �� � �, :;T; i.,, .'���.:..;` �°>� i. . .�:;.• :.Y,� :.. �� The required depostts to the P' inc pai AccAU�t, Inte e t ca r,.,��.��.;.F,�, � �.. �r '`�' ;"}�-�:1,� �� Amartlzation Acoaunt are re�utred ta be adJtssted !� order to ta�ca fnto �ccount the ��',�� ;�T�����'�'� ��-•. i, : `�- °;� ;; ;; :� � , amount ot moaey currer�tly aa deposlt therein. � I=;,;� � R.�w`: �;",� ,��"-1; .� � ..,.� ; E�� �, i. � ��, ���, � , : f , �Y + � � " �,;i; - s ° . �'ss• "x �`°'�� � �.G . • .r ; '�'± ;} �'� :`�-�.. : �`.�� v�a�es must next be a ll�d b the Ci to maintstn fn each subaccount !n ��'�� ����� `is �'�`:s•` �� "`�� .f:�, 5. Re `;�;,�� �-; `".` � ' rv cauat a sum ua� to th�e Reserve R u�lrem it aa �a �`�'''`��������" }�� �'� 'M�. � tt�e Rese e Ac eq eq ent, Y, �ar y subsequent :i � � � � ,:,�;� ,-r." :'� �- :;' �3 year on eactt series of Bonds, which st�m will �itlally he de�ited tl�erein tram the :?�r�r���;�£� ���, E' { �` :�;�'.:,r`.+•`,'.; •;;.�.''• ��-;I,.',�' proceeds of the s�le of t'he 1991 Honds and ather fuads oi the C�ty. Tu the extent the '�,<y��������,, .'` . . Y,. ��IS� ' ' _�'� 6 ��'',.:;��.� � . • `- ''�,�' � C!ty determines pursuaur,t to a subsequent r+es�alutio� ta fund a subsacaunt withia the ,��;�>��•�y ''y�yS, ���4 f��)��?; i �'fs' '�rTI s- ... �� P4 sCc�'}�i "�'�i' V" i' �' :�'.•,�� ,� .'t;,�•�,,`=-;,'�'�- .. , l�eserve Aco�uat far a resp�etive series of Hands, the Cltq m�ay providc tt�t t,he �;,��;�'�kf;�`;'��r��it'� �����;,���'� f , �.•ts ' f;: .`-'�i. ��+ � F .� � M:. ��.:e • ,•s- ��,�. ��6� `�_�`' �°� � dffL6lERC8 between the amount,� an dep�t in suth sabacco�nt �tnd the ReServe ..�x �,�;F, ���;���� , . �'r,�� �t�� �i�::���'` �tequirement to such Y t�ain�tng "';?'�;i;:a�� r�i`� `.�.�� ��: �� .'. •,�`�' ��'�� �� A, r series at Hands shall be ari amaunt covered b� ba�d �� '� `�-� �:�' ; :�,;, ": t'; �::` �s,, . �1�.',�.:� � �'�� �� .�.: i x �. f:� �. ',��;. ' .:� r" �E� ,� lnsurancs !s&u,rd by a reputable �nd rec�gnized munlclpal boad insurcr, by � s�rety bnad, -�:`����;v�,�;,�ce;�;�. `. ;f- ` ` ��r�.,�ti ?y:� �s ~_ `�i: 'i:. by a letter ai credit or any oombimtion ther�f ar by s�ch other form a� credl,t =,�'�..�zs.»'�`*,n�:, ��`''� � ?�f'^ i �,,�� ; � Y ' �1..• ,'.. '..z �(_ R . ; {''.4'.r . ,,.,] ��'"3�h�i�� `.����''1 4�1�' `ei`°.!. ;°I'�s' ,' f,. ;',; �� >' enhancement as �all be a�gm�red hy a reso��tivn of fhe City sdopted prior to the ; ��:L�;�'z,����;�`�'�'��r`f` � '+ ,Y+z��1ft''..:j��:`�`� ::�'� c t b11sh Sl1C$ iE'SOii]C�OR w:#'i{ �.;;fEr�•�,;..�,�a.t�`����';�..� �s ;:��r.. , a ,..:•i, -. •,• 5:'. -:� Lssuance af the series ai B�nds tar wtilc� such suba tr�uun 1.s �"ta ed. :f�.� �_ � r;. ,� ,. `. •:lh�t%'�:��'1^Sy �;1 �' i••"v,'Y•��'i`', S.. iii4� alsa provtde for the sui�titution a! such credi nh�nce , a :``'�;x:�',�w� � II � ";, ,�. �� ? t e ment Bond Insurance ; `���, ; ' � ;� ,�. �<'t.;,,� , -.:�:: ��`z �:..: `'i-: �4.e: ��=,�:w':�! � i.�ti ��:' < l':, � +a �r.. 1'--: .. s iir;v�.'�- �t.� ��:, : 3:�'' surety bond, a l�tter o! Credit or �ny combir�tCia� the�eof or such ather fnrm a! credit '�, ,x�� ��; r����� � ' �;�?^..� ..�r- .'�, A:''� ��' :'i.:,i !['it,.� �Fr��wE.,�r',�� � �'. :R �'r,.,Y,' �,i v•�` �:� .3. '��:�� enhancement may tn the futvre be deposited in the subaccasnt ta the �t�erve Accaunt ,�,.��:;z;;:,��j ,�' ��. .. h�x'f�� „ ^� , :e,=,_:.�. �. , ,� °•, .: .'�-i'.�,r �,: � .`.:_. .. . ii`�':'�����:.i;;�4�,?;.:7�.:"�. ?��c:�=�',�5:��r''-._',�°f ,,;-;�,�°-'�>;,,��,��'_. for the 199� Honds a� may be apprnved t�y sut�quent re�al�tioa af the CitY. provlded ��r��:.�� `� ��;.�_,.,�,.• ��=;;:x�`:�i.; . -.�.w� r,�• . . :-::;4;. s i�', . .. ::. . t ::-,s.t.'••.'.'s�� > . -�r;�,<, ta,r:. ; � �� � • ;�3-::�,�= �; ti';: ; , that the pronIder of snch ccedit eahenceme�t � the� rated ia one a; the two highesC rating cat�gorles {withnut regard to grad�tifln} by Staudard st�d Poor's Corpc�rattoR and Moody's inqestars Service, Ina. Any wlthdr�wals from any su&account in the Reserve Accaut�t are reqnire� to t�e svbseq�eently r�stared frdm the tlrst mo�eys availab�e in t�he Rev��ue Fund on a prorata basis as ta a1! �vb�accou�ts � the Reserve Account atter ail requlred cnrrenr gayments for the Op�ratlaa and I�Lnteaance Fttnd at�d SInkL�g Pund (Iacluding �ll defici�acies in prior p�ymeats to those Pu�ds) havo been made in full. Noiwi*h�+�±++�..! � mny provislon of tha Resolt�tton t.o the a�ntrary� moneys ln each subacc�tmt In tha Re�erve Accaunt may be useci o�aly !or the puepo� af the paymenk a[ nsatutfag prinCipal ai ar interest vr makl�g Amorkixatio� EnS�alimenks on the Bands !or wf�irh such �ubacoount was esta�lLshed when the other moneys in ttac Sinlcing �und are lasufitclent therefor, and for na vther purQoee lnciuding the gaymeat of any ather �eries v! 8oncis. [n the eveat o[ the rdtending ot any scrtes a� Hoads, the Clty may withdraw tram the subaccount withla the Reserve Acc�cent for svrh sertes ot BQnds, all or any ___.. , �►� f; �' 'r�,.;�: i�. ,?y��;'F:�:�'�) i�;,;.�;, :,E..:t�', ; :, :; t_; s, �� -' .' . .";. . '`.yl � : s: :��- ;��; �;`ti.�': , � ,. , ,�,,,. � �; . `.� ,� ,., .� � . � ��..�� ���� 3 ...� . `�5• � �, ; Fi:.�.::n�f. r� .r., .��. . . • .. . . :'�i„ . ;r:^r . ..4...`,�:YRti.�'�trq-;'T'"r6sr{';4,�#h�°►Cr7�?,�,� y . r�`�F . �.S � . , ... „ . . , . . . . . . . . . . . , " � . . � . , . . , . . . . i.d. � � h �' .:t. � r���� '�iy+ � � ���' ;�4" �-��.��k.�' ' . . � ' � e . . :�� � v.t�ri �;�,�i,;��..;f�'.�p�� � �-v.'i��i° i �3' .,� :;# : . ^ `.,�'t`, 'S � �s � •�,. ya �5 � r F ..�� `' ; � l� � '•4% .,i.�:e,�,; r,:r 'L..� �3' �,'r: "• �++ '.'� r!.'ei.� �«^ ,�':.:.���±'� r.�,y:J�j n .e°. . . �. '� . .•;„�' {" -�. ',Fl<.��:�:4 ,�'1 , �;•� .,{�f �Y+I F} tF ,r.. �:;��`x'y�y � j, ���€.t {•�� � i.'• i, e ' . '.; rf.•'+..f,- : �' ��9 k �,j �. ��ts� r �` � ,. �l. yl� ��'�� �� ,t4�Yn 5 � F' SY' . 1 :i.�. �,.f�'� �.� +�� � f P }� � 1. F Y.� ti' • f�.F. 1 S �e sr '�l"^ ';1 .. . � . , . •�SJ , �r�.'. ."n.i'.s .��E� fiy�' . �Y F ' '�i'? R. �'� .1. �<f. . , � ti�l3 .t �� .�� .'A�. �i�' Y'i. �i':� rrf �ii �•�p< s� ��'. , �t�'..� k:.....,. ��" � 1'w4 �y R t ` s.;. i' �e°, rniL : s�'�' � '1 v�'s't °}'F� v � o. � • �- � ��S . � f� ^ ". � r . {�`L�'���k� �( ':t:`1 :�f'' 'k''Y -! t f .{fr , � . 1 �s' 'I�' : Y' 9•��� ey",F � . 4 � �1 'g . i w:.: '�t r t aJ :� � 4. �.t'• M 3� L. 1' ° t':" � 'i. 7 '� '�2 � 3.i'�r: p ''! ' �' �l .'F . � 1 F`li�: ''.S'i 1 • . . . -ti��-• n'y••l.� �iM . � � . .� y,.[� 1 i �w rt;. :,i'�' )� •�li.' f. "�� 1 � �.,k f�'� , tr .{� {.''_• , q . s�'i:: '"r.i4'� � ,�' � - + � �;v. M ' i�"` • •.,,:�f rr N ' � �`' ..4 �L•� : { � V4' :.. 1 1 ' � � ' 7? � `�e f �r i .�� '}: S� s .`� r. ��,� t� :�i � --,� .:�: .->�.� `�;' �' � ' �-� � �; � � i:).�) � , . 7 '� - i� �� �,. '�,'° ,�. • , ,. 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I�a. �4..,.� �c �,�'ii. •°t�.z 1��.', r� � 1r. �. 5 �.1;' .�r'�r�� . . `'j..'�j; j. yv!� r ,y •6 '� •:%'k .�i.� `a;•:i • .i' �'�"4� ,,E�• , , �i' , � ;+e .'i�f, :F��.'�e�. 7�°:•t .',�r��..� ri. � i�, r } i k . i �y .M a. � � �. � . . . .. .a .S_. (� i ri' ��ilr4� �,��'�r .:t�..�'` 4ti ;'�:'. �i �"� + • . . . }�. . � . . . , ..� .l .f..�,.T'�: �F,.,�i6�"�',��al .�1, �f � . �C+ u i "7�; •t: � . . . . . . . . i.;.">• .T �' • 1i . � �1 � c' .�{'s'�{�+ `d'. { '�; , . . , �. t.:'• ri 1,4 �'� 7`t,� tr 3. �'3 •'#:. �.�' , . . ��,i, •'l, s ��, ,�,. �y�C, Sl;iis '� • " a,�t �' �°' - . . . . �.�� .:t' `.q,7... �:i:�,:ir¢, .yf �"� ':ti• .'..4'(+ � ���� �xi5�- �ii'i�.::�i `4� . . � . � . a;,,•� 'Y.'!.•+ �(%rfi.`� f ;-ii#�1.:t. � 4;�T,:�,7�5��j�.^�Y.:�"'0 ) .,-�{" 'i�.. . _ i , . . . . , �s .r. ;ti.,i�1•'..,��::3 Fr:' � r�� t. �5.. � d F � �'�'t.hS�"'�' ��,( a ^a:-�. ,;�; ;��' . . , . � . , iy.' 'i±rv,:,�• .C',� . Y� �a' � �r..{,i��{ /�j�. Jr1. .c�r.. /, .��:;T'�'� ,. ..�.3� . � i , . , r ' . ' . , �� .. , ��a' , �f't�l�Q .,s♦. j4,'(i8, ."*' .!'7. �'.'l :Sk'�P,' �';`�e' �� ' 4' .7' . , . , '! . �1�.. ,.'� i..l1,i' �' S:) � � }�1 Yi�sL . 1 %tik p. : i.t �i, { _ �'+'" �e �, i� ry. , . . . , . .'�i � . 3 ,.� . .ef � .��� � . �� . � �� .s� • j�� � �i' �`i. a� ���r Jf1'�ex ::jY'!'�C!J�} �t. ryP•. i� �1�" .. . , r _ . . . .. , �. .4',�lt•�� •.1��vY. �., i.*� ih"'�.7a?L% �ti} f�k� �. � �x�i.� @i"��1 Y.�. i.ti1�: ' '^fr1 ' ' , . � ' . � . . . i . �7..� ��t�r �� +�'4 `��; ! ,`q'�r=2.�:11,{t*y;'��� �, ., ',�`'. , . . � , . � . . , �� .i ,�,.i��id�jY�, �;�.:�',•' 1'�, "t >��. ..; ^�` ,y-?°.,. i� r�',': .�e: � �� ' : . , • `, , . . , . , � , , . . � ^`�' � . .. _' ;} , ^�t ts! `�t5',j�a`>;i P' l t,L . •`t �;;"si'i� � I,.F, }i ,'si �, �,` ���: , . , . � . , . . f�'. , �) '_. 4,, `�`,�+� .. `'4�t �( 4'�• ,�F s�y4�S��Iti4,a1{4+�1;1'.��e` �.�.'.�? � f . . . i , i , . � �. ' ' ��Y.�' • 'N�f�Y�ei �,�j�.l'1• ' ` .eF-ryt�„ yfY,.; htt''=', a 1 . . . . . .. . . . . .. .3'v .i� [.�1��}'1.�' y� '�,"��,1,>rr.k.'r�.:;;,s: . . . • . � , . . , _ ;Jt..�� l. �, y'•"� :,?,r�;,��.; T�,i.,1.F �_` . i . . �� . . . , . - , . , � , ' �,�•�„• r: }1�t, 3,Ij ��1 T. �'�'q.��{'rtit�:'t�,tl',. .i' '` . . ' ' . } . ' �. . � � ' , . ,��� � 't>F^ss' }��0. , S ..��.w�f.dS�� ' ��. . , , . . . , - , .� .�.a�'�r►t,Gis;,{�"�';r��' :i.,�.; . ;., ,� . . � . � . , .�i• ''�id . �t ��':.i1'; . �S � . . . 5 . . �,j�;(�.'�� :. " '��, � ,� , . ' • • , •, ' � F . ;� 4�; , �; . - . . . � - , • w;'� '��.4� , �.. ., • � , . , `�:. ! � �A . ,�� , 'ai� :. . ' � � . , A P� '�s{.��': �• `� �'..tl;' �, , s ' ' , � . . ' • . . � ti , �� � � � � .t,i° .'i. '; .. 1 '.1� ' • . ' r" ,`���'^'.. .��4•`��••�` '���•��- � �. ' ` ,, �!. �{1j Y '��,, Ilt' �, { c ' . ' ' • .. ' , � ,� ' ', . ' �_1 E ' � �'• ' �,•, `- •` , � . . �. � a . , ' ' ~. • i '�/}. , ' , , ' , ' .. " . ' ! j . . ''. . ' '� ' � ��:.:"'�r'A:: '.«:..°�U..e..S.'J.L'•''.�::. ' �.....�.._. _ .'��2.. ', _ ...a..:.9:-. . . ..-. _. � �. . . . . .. ,. . .. . . . ._ .. . . ..� � . . � � . . . ,.�a.,.'n� , o �t..• : ;�.i:i . : . _ , �; «C:a: J�.•....5«.., � .l. ': . � I , • � '�.1�..'.,,�•: F::y.,' . . ��. ! r �. �+, t^i.'i. :� �•. '�, e 1 ��` . .� � r, � � `•t••+:j +�:%��?`1 S�4 kS1�`S}'�r f ' ,��. •�� �� , .. � . � V �",+�+�t�'•,��.�t��T'e.;;�r��•`�� ! . � �, r. ��,:: , �=.. ... j.''. . ( - . .'.,. . .:,5 �;��.:.�.:.ti.i��.�;':.,'�;.1��'.. ... 1' '.� �.. ' FY� ra�c ZY j�,�� !�'t r'� � ; . �' � ' �•a �:,1�'�H�l„kf4:'�dCJ�in°:f� ''` �` � . � `,i ` �, , � portfon of the mmounts accumu]ated thereln wlth res�ect to the Hands being reiunded and �,+:�f ;F`;�;�;; �<w;:, ;,,;, ��; � �h;. ,�' " • ��� � � deposlt sur.h amounts as requlred by the resolution autharizing ttte refunding of such °�; :F�-�; �';.~Fj,'� �'� ���,��� . . � : .. .� nds. • �` series of Ho ' ,'. '� `� � , ;.�::�si�'�:;��i�s.�;'•;�l•��r"���.�n;"y. X' . .' '':i�•ert. �35.'ivt_'��1� �'S.�� I . � � � . ;{ nk,� y'C�"�Sy H.��� �� f s ;,' �, - '. , 6. The Ci me�st aext de it lnto the Renewal and Re Lacement Fund an ��,;-` �,- "�.`'��::��=�-r'�''� ��.r�' � ` . ' . � tiY l� P ,: � .t: �,- :. � ,�. ,.�,',- � i amount ual to oae-tweltth tlll2) ai an amount uat to 5� a! r[or ear's Grass •;�"';h:t:"�•``��'��,,� 'z '` • � � �4 P Y '��sr;� �;a ,;^�.,; ��''' �--�,i �� '�� 1. :s.: ''� Reveauss; provided, however� that sa long as there shall t� on deposit ln such Renewal !�:.,",;:`*, z; T1�. �,:,,~; � � . . �'; ,�� ;..�.A_i.�� $^ r�. �': �. ,,.';,..� . r:,r;��; :T � i� ,', and RepZacement Fund a balance af at ieast ;300,000, no additional deposits in such Fund s; �li; �t":,�;:`_. :'��,,����, ���„�' ; ;:'��;��.-� ;T;r; �. �j are re�uired. The moneys !n the Reaewal and Replacemeat Fund may be useci only for ;��`�;.,, ,,,.;~��?^<ti� =':�'ti ,� a���; . y;�;, Y ''� '��R�.� '� � °".°t °-.; -��=';-7 ;•' ' the purpase at paytag the cast of extens�4�s. enlargements or addition5 to� or the ":`R, �f :, .�-''f r�- °; = �.r,..•t,�.?;',a , � 4 . . ' :e' L;�.'.:.;.;.•.,.... ` � r 'Fi .' s � ; . ' . �r � , i�..4:� �"X. � 3 ,5;; •��-,; , �;- �:.�.,,, rep�cemeRt of capltal assets of the System aad emergency rep�alrs thereto. Such �,e',� �,����{�fi ��� �, .�: � ��:. � :��:'���'=�� � ����. ;� '����4 ��� „' ��.,.� s,=s_ �.� �.� moneys an deposit in such Fund are a3.sa required t� �e used to supplement the Reserve .�; ,�.� r� .r� � 'S• '. � '"�. :.t1.1.':'S � i � ,;-'��:': ;�:,s =: ,. Accaunt if necessary. in order to prevent a default !n e rin r �'���1���� q"vs ����� ,, .,.. ° . . th payment ot the p clpal a �.� �<,���r , -,� ���,.���- ,�. �� .�,>.. ,i" � AmorClzatloa Instauments oi and interest ou the Hands. �``;�'`;`-�,;qs�'��" ���y;,��= s�`' ��'�k,.. i F� � r �4'. � . , . �<<. ,� , i�ti , , f. .} � r�r��:.;rn� �lt ��i�� ���� � �1,� '� ' , r�r«r: •�'.3 �;.:��:, �f;;'-!v� ,, ",r-' 7. The balance o! aay maaeys rem�ing iu the Reven�e Fund after the above ':�4��r�:��.� �. •^ �;, ' � `� ;�', � '•s' : ;x,�,}.��,Yl, i"� �, � � r � ��,:•���'t:.� �, :;.; ; ;�� req�ired pa ments have been made ma be used b tiie Ci for an lawtul �c ���°�.� ,��.� �� t�=�� : -,. �: . : . � �, �.. Y Y Y tY Y P ��• ' �''� ;�.:����yv.,�{1,+'�'�"J,��';q ��"'�'' '1 ;. -' �'� ,�! "�,:�';! ,;'. '�s.t; s}i'`���-"��i"v�,'�N'�.i s..�r+� +'•� "'..',s'. '`;:�,"; °� 8. The xatlon aad Mrxintenance Fttn the •^� J3.,.�= a°� y 4 t,; , ��< `.:,:. 1,:,,;;,:� :�;;;:,'." Ope Mr d, SlNcing Pund, the Reaewal and �.��,�:.s. .����;�w���+s��r� ; :$;r ,.;1 .,i �t;.,,..:.. ,: ,, N,',� ' ., c�. := „ . ��. ' ',:. ''�„ , r � �.: ��a.�.' . Re Iacement F�n the Revenue F an c d�: �, ��?r. � Y • A c!, und, d all � counts therela aad say other specfal ,.;: «� .�,�, ,, ' `� .�,;,.t ,;�.�.:. , �� - � ' • �t..,� '�.t,� ` :� ;�.' =• „ , � .4:yti: �•u`, s�,1��, . F .,F, iunds established and created ewder the Ord�ance coustitute trust funds for the purpo�s �. ,,.;; �:�' yw,���;��?, ,r y� ,, is; ;�{:..:;: '�i:� ��a.��',��':' rovided hereIn for such funds. All sur.h lunds shall t�e ooutlnuo secur in •�:'���� �� ��L'�` "�` ": .,� ` "' �; �:; r.,,, _ A usIy ed the same ;;���:�����. �y�� �.T,� ,� ,. . -� ��., . �!�"� ;; :-' ''-, �:��'�: ;�;'�.�'::,:�'::�.� maiwer as C�ty deposits are authorize�d to be s�curet� by the laws of the State ai Flaricit�, ���:�r,t1�y�� , `� i;��. �:�• ; 'i��F,�"+rL. '� '�• n,. , . i' � .�':"S � i,`).�� i7�s� .#�. �y y '� : ' `y'. ' ::t �: •� ,�,,; ' t�},_ r c: a ,S. '�-�r';�' ,�'^«�.tr`;5'�i�•�i'�.�:`�'.;` �•�',s; Ca/1I�[neuYA�7 ii.�,�1.�'kj$ii�•iz�uti�i:µf���0�a 1}>='�7 ' �, 1 , �', � '-'<?,;.. � :; • ��..�������r.��y.�d �, + {:- �•' •_:f%+.ie` .y� , y.'�ly.`; ; a;,��, � �.� �•.:' • r.•.l � ,, i�.�,�5;� t l. ��?'� 0.� .�F.. ".. 1'i ��,•�'',`: .:c`. �.,�:,:` 't:r;, Kate Cavesant In aad by the Ordinance, the City has covena�ted that it wf�ll tix, ::�:5'.,� �t;��f �; ".�:,,�, ; .. )'! ��1';,� � "': '�' n` i � �. o`}^'t::'i� �,i.'. � i�� !y. `•. `4� F;AY..d��y�. +�i �' `Y = �• „ ,�';:���<� ' establlsh, revfise from time to time whenever necessary, msintain and collect alwa , -� ;' , ��s .� �' ..n `� ��{ ,, '� � /�}:'•ti��'�i;.:'��,f�'�' �.� '� �; .«,:�� �1 •5x''}iiEF�'i'.�`x^'7�P�l����r�+ •k �'t �,.�� i �� ; f; �1•� .%s,.� 4�',.� u. 3 � a s I `s such fees rates reatals and other �,,.a. =4�• ��� ��<'� :c�.,-4;,,a=r;FS. "�:� :,,� '-�,� �,�, . , charges tor the use ot the product, serv[c�s anci ;.- t���,,, c.,. :�,,, ;�,,... .� ;� $ . : � • ., . . ,.. i:: .: .,e ,� ;:;� ...... ..�,,��;,�::�;ir•. J t.t.+ • �i:�� ,-, ;�;�',;� �,i' ..±�,�i�: °�:::�' ��� la�llIties af the System which will always provide Revenu� in each year sutfictent to ;,£,,;;; ,,,'��`.`;:�'.���- •. ..�if-t.a ,�`�`•» ��'� '.�'. �3. • '��'�l.i if�}'.."��� �: �� F:�-�.;Y. • �Y.�..i: ��.. � 1 �... :.� �.'.'•e �";iw� �;�'}''.;�";j r� ';'i ..,�.''; '.'..';�. �3$SI� � OQt 0 SilCfl i11I1dS ¢8j1f 1��� af the Cost o! Operati�a and Ma[ntenance at the {' �'' . (� i�� �t„ ' �i ���.r�i:'r 4ti' . � ' �',:�.W-' S� � � . � .Y �'t. �'z'.'�'' ��:'- ft!`'t,.:' ` "-.0 �,: - '�''F E1 's�iv�.Xyti�s'':�� s'::" �`' ;;">�;°�,�;; �'���°���` "� •-:.;?`�. ?_, System In such year a�d all reserve aad r►ther paymenks provided !or la the Ordinance and M.: y��,�.;�.:,;�•;,��g•, w�v4;•,; � •.z; < , ;?�r�;�.;��;��i;G��j� •:���r= �r• �'F 125� ot the Bond Servlce Requirement due ln such year o� all outstaading F�onds, The %�`k�°F1��:�r;.�%;��a;;��p��.'E� s :,C.� �•'.��tiF;�;:�f"��:';" ,��, I .�,;. tv.. �., �f�' s�'s"!:' : ��,�,�:�£���ti,.�i';Y�, ;�;', �;�ati�� ,�;,:. C has covenanted that svch rates, tees, rental�, ar ather charg shall :; ;, �t��.rs� ;. '�,��� +.�.,;'; :� � x tY es not be reduced `°� R: r�'ti� -x� �,. ';:'s. E .�' .� ,. .:� l�'v.':5 x;;,., ;�ri.��c,,�,,�. � ,:�, �>;.�; �'�,��?;�z ��_1.3, � so as to be lnsufficlent to pravide Reven��es for such par�oses. ��� .� %�-�'�• �:��� ,<..:ti-,�� _ �°'i :.1... .!'!�' "._. {I'�_ fi'. _ .... . !..' 1' iF�'C:'}I _.1..�. � �. ':.: ;.; •. Ac�ditlanai Parity OWl�et�a. Additiopai Psrity Ob�t�attonsr QaYable an a parity :�:';;:::,`. Y�`' from Net Revenues of the System with Che i991 Bonds, msy bc Lssued a4ter the issuance �'�t"°,::: •t ;� ';;r'�;;�'�;` of any 1991 Bonds, for cot�,ttvctioa ar�d acquisjtlan oi addit[ons, eatenslons and ;��f��=x•;:�Y': improvements ta the System or iar refun u ,;.w.:;.;1: , dli►S P rpnses snd ugoa the lollawing car�dit[ons: Y� I. The Net Ravenues derived or which wnuld have been dcrlved, I! adjtasted as set forth beiorv, from the S�rstem� etiher durir►g th� immediatcly preceding FLscal Year� duri�g any tvaelve { 12} consecurive calendar moaths ai the eighteen t 18} calendar months Immedla�e�q prec�ding the sale o! the prvQosed Additioaal Parity Obligattons or during the last twelve (12) montli period for which the Clty has atjditcd linancial statements ior the System. at t�e o�tiaa of the City� shalf hav� b�n not less tttati 125$ ot �he Nfaximum Bond Servtcn Reqturement which will becom� due ia any caiendar yesr thereaiter on (a? Lhe 1991 Boads then o�tstaadtttg, (b) any Additioaal Parlty ObUgat�ons issucd and then outstanding, and ic? the Addttional Partty �btlgatians then proposed to be isstted. � -21 - � i � �• {.I' '��7 , `•a� ..,; '+�.`��.ti `�13� �'4t'jy ,i2V ! 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LJ�t.. , '!'.� �i�,�` ��5��'.}x .�t���.Y,: r,' , t� . , �� , . ... � . , � , . ., , . . i e.�t�: .ti :.4. ��. .i� ,�l.e•�4,��: '��" a=�,'��l:�F'' p•l:I1vty��,� , �rl.;' e }f`� '�,s • . . , , , � . , . . • , n��? :'r' F:3- 'r i,� L�-� ��. , L�,�� �`�(�♦ 'S i.�. 4�' .1 .� 'S � . , � . . J +.f' ��r a z :�f7 �xtii�����Y 1 i.�,4� . . -, , . , e -' � . - . . . • . ' . � . . ' . � , � .. ���� � 4'�;`;{..�i����'"'�''ri• ic':`::.�H: P `* s �.y� � ti}"4' R . � , , , , � ' , • ;���;�`:I • , ''� `{ �.,t;��?.�.�.': � `�� .'4v ; , . �. . • . ' . . , � - . . . 1 ,. : ; :;,,"' , ' .4 �.5 Sh�V�:� 7a�t. C��� ' •L .. ' .i �� . , . � . . , , . . . ' -f i' F'r3,i' �_Li, �tl�:'' ;:�,t:sT .}' �. . . �� �.� �� ��; fr.. , '�i . . . . . � . . �. . '� i y��i " . {� . 1' . . . ' . . � � _ � + M t'4 ;. : i �, � , , . . . . . 1 , , ' , . � !I � ;,$;c�1�r y!.1�'� . ;.i. � � .. .. .. . � .. ' . . . . . . ' . • ' ,.'S. Yi;�� ``,tY'1���r:i !.� ` . . � .� • ' ' • � j � � i ,. ''�. , ';s , _4�� .' I.t ;' , , �' ` " � ' . ' , ' • } • . `. : i' � t ' � '' ; . , ' � . ' , . ' . . ' , ' . ' •�5, '�' ' � , ` �. ' � •( , • ' • ` . � ... +r" I `.?�r � � � i � ' . � � , ' 1 .... .,,g.,.t �.. Y , ': � . . , � � . . � .r a ..� .• r> �N.�/r.'i5Mw5NAi�AL�'Ji�'iF ' . � , ��.. �,1�•'ie,i'L��' � .� .i� � � . { �� ra.�- U,...��.��:J.�'.w.... ...... .�... . 1 -. . .....l.i.t. -... ... . ... - �r + -i. -. . _.. . . . . .. , �-; !r� ''t.o�' �"t'�'•• . ��' ' `.IM�I.rM�.�Y'a`r�. � .y.. � a �'- � ` � ' � . 1k�r,. . ri�'� 'j � . .,i.r � . , � , � � .; f�rv; ' i> , , E' � ' . . L � �.�f':,''�.'.ktir.wr'i�v'':"S�?r1•.K..� � .Z . � . r. ' . . �s-1�}�. t' , ' � . ' •.r�,.f. ,., ,. ! • <! /' � y';� , , ' � � .. � .. .�, . . � . � . �. �; ��:.;'; :�„°e' .°�', .�; ��: i .. ta determlalag the amaunt o! Net Revenues ior the pucposes of paragraph � Z) abave, ` � ,� th� GonsultLng Engtaeers may ad,[ust the Net Revenues by ac�d[ng thereta the foilawing: .; ��: ..,� :,.Y � n a �: :. ; ..: ;; ;; � . � � . ..,• � . , . , : .� _,, , , . �;� �'` •�;'�.,':��. '�� '�' a. The Net �2evenues tcamputed tor such utility on the same basi� as net �� ;:� ��;:�.t :��;� �'�°' .� revenues are camguted for the 5ystem) ot aay gas utility arhich the City shall have ��;9. :�<;�:;v,�;,'.-�.'.'. �_�,. `,. - e�. _�';:'� ':' i acquired priar to the Issuance af such Add.ttional Partty Obligat[on� or which the City '�: �",� �:' � ; :° ' � ��;; � �,� sheli be acqulring lrom �roceeds oi such AddltIonal ParIty Obllg�tloas; and ��'� �'f'e'} . r'1 ',`x.:,.,i` ..s �;'���, ; : �, �:;,,�: '�, ,�� b. Yn the event � change t�as been m�de in the rate schedules tar services :' -` `•°:. ;`; i��' �' .";J���.,;<��;.. �� irom the 5ystem pr�or to the is�ance of the proQosed Adclit�anal Paurity Obllgattons for a , �'� :: �,` ` ,, � : '.��. '.`,. ��, ,,,:,�;:;,`;.; :- �� �: i'r; '. "`,�`���", ;� •'.;: •'' ; part of such 12 ma�th period referred to ia (13 above, and such chang� h�s resvlted tn an ..- �� „ . � : � `. �'� �.�-';` ; `: � '�,`,: ` � ��� ��: �. ` ' increase In Net Reveaues, svch amount of acid��tonal Net R eveoaes whlch the Consult[ag � '�' -'.�;�., :.�'�; • .: � ; ' . :���,�. •�:�•:.:;,; •;, �.=s�� £..: :�� �� �::� �. :} �.,: `�... Engineers esttmate wau�d have beeu received by the City during such 12 month perEod li � :��,• � �:':,;�.;. ,��- ;; � �� ; •'.�-�: . � �': =r: ; .+ suc� change � sur,� rat� sct�edule had been in etiect durtag the entire i2 month perind; � : �.,:� � ,_,. ..'.�,.;� ;.o ; ,. , _ . ,�" • i",..,'• �� •�` . .°� �,.;.,,; ,� and In the event a ch8age has besa made ini the rate schedules !or services fra� the �. .,�,f"'.: � .•7:.F�. `^'u: .�,'" .'.' �`` �'=� , ` • . ,,,: ,,::,;': ;":,''.'�° �� :�c� �- System pr3or to the Issuance of the proposcd Addltion�l Partty ObL[g�ttoas !or a part af kf,. .;.,t,-,•:,,..:;:�,�'� . �'� �.��; ��':�. ,. 2'` `. 1.s��::� such l2 moatit period reiened to in i!} above. and such change has resulted in a decreas� ��. �';•'•.:fr',•��y��;4;,: `; �'" `'. In Net Reven�es, �jr S'l1�tT8CtIh$ �1@�@�fOi� 51ICti BmOUIIt ai �le NBt R@VBALLeS VYIILCiI �� °"�``�:.;°-'���.,`?�_.-`°' `� �`'�~'..:s;;:",` Constt�ting Engineet^5 estimata would n�t have beeA rec�ived by the Ctty dutiag such 12 °• '' -f••,' ".` `?r,`'a;':. '� �'� �t�°.��,�, -::_: ;°,�."' •_� .:,.-•'.�:; _- month periad referred ta in (1) above, it such chnnge in sur.tt rate sc�edule hsd beeu ia �t=� , � ;.: � � :,� .,�•• ... f,:='.�, .. ,.`. �:'�'� <�'; ,���'°• '' L..::° � ' effeat durlag the entire i2 manth �eriod. �� ''. '.n��", '=,,�i�T' rn C �'� +N 's`,r `e�,,.,..+...11l;.! ,:1.„. ' '� `} '_ . � �.. :, � � ; , � =:. 2. Each resoiutiaa or �rdinance authorizing the Lssuance o# Addit[ona.i Parity �-F'Y`� �'.''fF} '`' � • � � i �# ^ y.�� I•' s11i . O��`�Oi� v�rlll recite that all a� t�e covcaants cantaiaed in tt�e Or�dinence will be �i't'? t�;'G� �':'��',�',�.;`'� �:' �.. `*,> ; -:"�' �. ....�; �:-,��.p: .,,:.,..� 8ppllcable to suc� Addltional Parity Oblfg�ttons. „s; ' '+''•S'.� �`3;r:3;,'r` : ;•�,..°•:i,s;"•`1; ,,,y;:rY; •t �• �.f. 1i.t':�•�:���,�_...., ;.., �s: �.;� ..rd�S:c', 4' i.�,, e'�,;�.�-�,. :`: ;:'-: ;",;' �., �;..;�:, �`, .:=, °, .� 3. The City si�►ll not be in default in pertarming any ot the �onenants and _!„• ��;"`;�;:�i',i: ;:�j�.�: -�`�'���"'''��,, obligations ot the Ordlnance� �nd all paymeats required to have b�n made it�to tlte :1�:�;;,;..,�,�;f�:�`a:tit,•;;,�' :;:. ±,::��' `,,4,,'.y,:�w:•'„�,i _:�,::��,,�.,�� ;,;"���°' accat�ts and i�nds, as provided in the Ordinance, � have beea made to the full cxtent � . `. ' '1:' �;: ,;;, �:. w�,;:s�;�;s,,.,;? � ``�� • �,`,'"` �r :-'" required. i. li��:l.� i�� r f'. '� '. �`I.r'.5�..•"•..� r i'��}�;� . i!:•Yii r,'1:�'�'Er:rtSy'i�,�1.. :+�.' .A�! ":�.;�. � _ �e 4`: . . , . �'�'`;"�'a :`�_,�=�;.i`;;;;� �`�:_;':. : r.�: :�t O p e r atiaa and 1 � a t n t t n a p c e. T h e C i t y c o v e m n t s it will m a i n t aln th e S y s t e m a n d a l l : t' r J Ss!' � .�'y�,:. �' Y 3�_ : 1=u;;': I� r��:� ��>':;° �,.�" :, •'���s�: ��•��:�c; �. parts thereaf in g�ood couditlan and will aperate the same in An eff[cient and econamlcal ; t`�:a � t�x �;�� ;��� �� <.�r`,��;'� �� :';-� �' manner maktng such a�e�ditvres !or equipment and tor r�newals, repalrs and .�A".� . �75tk�,�"TJ � �""�' �t}r�".; fE�..�.'s, . •:f,.,,`:;.�,.�,-�;;'�,,.;; t::���,�':�,:;.,a,Q;:,= a_, ':�,.� replacements as may t�e pr��er !or the ecanomical operatton �nd m8intenence thereof, � 0 .l�.:i:.'���"1� Y ' -: 'r�:,�. :: :, . � �...f�.. .:. •:. Ope�atiu� Bnd�et, The City c�ventit�ts to an��ally prepare aad adopt grbr to the '`' ��' �' `�'' beginnlag a! each of its Flsca! Years, a detailed budget or buclgets at the estimated ,; _;..,, ,, _., . �����':''•'°�-:�:•�t� expendittires !or the operation aad �alatenance of fha System during such next 'r;�`: ;#:'';; SuCCee�rig FL5ca1 Year, ,:.; ,�r :,;�z_,�Y�`��; ' � >� ���, =``a �'� � Anp� A�� At i�ast ooce a year� wlthin s� moaths af ter tt:e cinsc at [ts �t�cal r���'A= ::'`':` � Yesr the CI}� oovenauts ta cause the booy� recoc�ds and acaou�ts relatr^� to the & tem uJa���:?,}.'i`�`f� 1 �7 �f "+8 � �E ��•��;;+,i°, to be properiy sudited by a recoguized lndependent tirm o! certltied gUbiic acoauntar►ts. �;�"�.hs ..c, s. N� II+Ia�t�+e or SRIe d t�e S�ste�. The City ha8 cov�t�ted not to stil, [ease� mortgage, ptedge or otherwfse e�cumber the 5ystem, or aay substantial part thereaf, or any revenues to be deriveci thereftam, sacept aa descr�bed beiow. . r;' � �� � ._,...�.��.... , �- � . , 8 a f3,; t�;.0 � ,'� ';s: t}[ ',.j� �• ,� �k . ::;;,�� 1� �.,� ::� �,: t.�i �I �� 1+ � � `� F:� '� ;�� "� r �r�qffi .: a.t:."•' . ,j� „«..�s;r���.?. i : 4' �.t �"i;�' ; .,, r #1. f• �t�� � t�. ,i^ { �.}�s-4'<���'�'�; , ��i�ht:y.F�1rr f �f�. �'��� t���s�.��t� ' � ;�� riv.;#�� ff�'����� . ax i � ^ '�;i�� �,`,Y,, r''���F�� �� +r':a ° �w�'.:hi'S�'=,.�e�:`�.; � ��,y�r.� . s r K'�+'.,,. ��.s�� ��� 1 FV i j'� �� {y ;4 "+� �r�Y� , '',."; �y�=�,fi,�« , �N1 , 5 +A• , ��� ,� {� � F�r!'��, r� * �-� ,' �.�=>:1 '. K r �!M ��}i � �. 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' . j {' ' Si �'� '�j, •�'� �.�lai �'�:�t`9 . . k _ .I� . . , . , , . - . � ��i 1)'�•l' '�� � .. ' ' . ' . � . . . � . . �! �7:: .4;.ta�, �� ri� . ' . . . , . . , � ' . ' � ,;j;'- , :se;'," �� ���,' , , � . � �� !"' . . .f: �� , . , . . . . , , •e.t � .,�r' i��^�pt'•r, ..'s� �. , . . � . ' � � � ' , , � . � .r � 4 .` � :,6�':,��. .� . .. � � ' �. ' • . ' ' . ' ' ; , , , � •'���, �`„ .��•� . . 1 r ' � . � � , • • , � ' Y ' ' •s�� � � , � n' � ' • ' � ,. . ' ' ' � � , '3 ; • , , � , S.- �'. , ' ' • . . . . - - . . . � ..'' . `� `+,� �1+ , '� . , .. . � . - ' 1� , • ' .f•t ' , �.. . • �wA'1��� � iY 9 ��i[ .� . �' 1• : . � a. �4rrvNSOi�YiMFirw�lly/��r'wi�eu�++.,..n�...�Jw.cr.n.. r4 � _.-.�. r ..L�I�....._. � . .-S.'.. . .�... . n.. v. . .. ... ♦ ' . . .. a . ._ . . v . �.. . . . �Wf[LA l41s Wk'fl . , '' • ; � I.. �., ' . - .� , y -;' . .1."'' .' •;o' . .���. ' / � ' ^Y q��}�.'tr« ��1. �.. , . .. . � � ' �� �•E •� .r `'r ;' :"it?�'14.K•p ' t �+, .a. •• , ' � �, . .x:.:::- �h�t<(:,�',5�. � � ' � � � � ' �, ' ,��� �$�;5.'�if. ..i,fe%,` .. . � t. • '�S-'.v��.r.�w��`e:`.. �si'vY(�. . 11. , �1.� � , � . . 1 : �.Fw��i7sfi� .✓r;<<+ . .� .J.�, �,.irjiY. � ':;. ;� (.. � 4._ , , NQtwltlzstand4ag ti�e ior�going� the City has reserv�d the right to s�ll� lease or �.'�.'� , t,. ���,; �:��';t�_�:;k �. .'- s, � othetwLse dlspose of any of the property compCfsing a p8rt of the System which the City •�:`.`,�; -��. �-i;���%��� `�' � ' � 3 " . . ermiae !n �he manner ravlHed in the Ordlsiance to be �a lon er � :,,.; ���`�'� �� �, . � � , , here.�lter dek s, g �',�; , s,.. f � � �- �.:. . ( . B ;� •�,_,,.,, �:° .� '° .�. r. 1 �y� ra 1 n of the S tean. Prtor to an such 5ale .,:, �!^�;�;�,��<<�_ . i t' necessa ussfc�l or prof Ltahle In the ope t o Ys Y f ', f r :`r,.1-,. ~ ° . ' ' ' � . � lease or other dLspr�sItlon a! said property, �! the amowtt to be recelved therefur Is not [n ''' ' �:` `}''°���� `` ' '� . • • , , • „ . � .. ��+''"...�., t, � �� '� ea a! 0 000 the Ci Mana er oi the L�suer or ather dul suthorized odlicer in '';'�'�£:' �; '` � ` , . CL.°SS �J � � ty $ y :�, ,: -' -''' t�, ;,:�`� �r�� ���f ,'. ��. �� ctu� e therea�[ is requi.ced to make a ftndtng ta arriting determin.[in,g that such property . t:{�., �._ ,.�.. .,��._ � ' , � '� . i . �' , �• •. _. , ; ; _ . r', '�. • �� ;�� :i : � . . .:;`. � .,r:� ,� '" �,:5.�=• � � ' a'�:� :;y;:, :`; r ,s' � ,:a; ;;1�^ �:. r�� .i.`�: . '`":`"i.i ''`. � ` �, •.�-...5�`�'..; ; :: ' r: = s' � i'" s• ; ,,ti,_�,•r' :'�.av•? �, r.,; � , . ' � -,:, :;::. �F... �,�.:,�,�y;.;'' �;, �,: . - �;; �,'. - ,.,: ^o ,; . . .. �.�. _ � �' �,E�, '�'� :.y�� ��ti,'S� : `�� :�`;i'.iJ°: 1r F:. �•�• ,.i', � f.�' F'�' 31^ . °•;:: , :,.;s,: ; : ,;....-� . . '.s,...�.:p:-. . .,•",.. �s.;., ;� 'Y '�,• ;`Si'. �,• j �11 ` . I .L''� `i � `� « "��: f. • x t. k" •'1�� •.i�' �,��T..'S.�r'S,Li•''."�"s'�,'`�•,1��' 1 ''ii '.�:, "` f "r 3 nx�'�_ `- I $��' �,i '�'11�) 1� .l; ' -I `��`�t�' .'. r'a:. �c�' � ',�I �,:, .t .�:5 °.i`� �'§',..��r.:•' . ,.: . .1 �.�! �r}Y .��_ !-S1M.• ���s. -:;° 'i;�+ ,�.� 3.;. �°. "G::t;;-; '�.',��`ii:.r��.;< w.s',:'�'. ~�f. �'. .�:'yy,��?�.'e� ��%r%,i�: ,;��:T sF+'.'(y .�"�;, %� ,.�a.. � ry.`:1: . :'_i�A 'r.f.: " yt �• � �r ' :. � I!P" '>:�.�¢ L! } ." � �', �,�'S'; � A� ~l � ! . �� . ;t':,.��;. ;`3�'; ;;�^��'�.r:: '• :�: `.,�>'�'.; : } . � >. .era ..w�N�l� :M1rSY`'�.: .1... c'�, '� `:"s` � ?�;�-�: •�, ' 3 � ,� ti_,,:;,�: E; , !=i .j���� {.y�;�.i:t�ti'�i€� ^.�-:.' '" ',�. ti � 5J�2J�}"�SM'• � 1 �fi�iA •. • i n ����°,�5� ,n��;E•;��. Z��',r r�•�''�•;tf�,• •�p'',.�:��.�:. .4�x�r��� ;N'vjt��' :1;.:' ..:fi��'.)�':'f„' Y ;; ::;,':eY`re. :.,,�:,^j -�' • ' •' '� i Ntt.' •�� i:���'. �`(,w v•..1"•rt,.ri;i. � `Y:'ii C �i �� �,i�3 ���ILG �'P*t t{�i 1 ".1:' a 1��:�• ; ' � .. � f. 5 i S! "' !.: �:'�� t «f� %�� ��}+.��f'r:}�iP�.(;�o'�:�:`."i..: ti:��'-f �}�;�~ �,U,vtF �'+'�' ���1 .7`�.�. .�s' ...�-•�: :Z r S.�s,ry,u .�. r„ i...7±�:r'.�'�. �;v�;' � t� i;`tM�:... ., ;,- • - i t�s; � .,i < � �''• r� ~`.���Y,��( l,e1�; r 4 Z?: �R��.", =`Ji.�:�:: ;; ,;.: ' �ii�T,�'la.l���Mi� ���'�.�:7.��1^,!.�,' 'y"('i99i'` i i�s-, � � �,f� i;- J,i, 4'.+..'SS.�NU'}i;,*I�;=J�>��_� i_n��%.�,e�f .... ._ , , conaprising a part of the System is no langer aecess�ry, uselul or profitable in the operatlon thereof. it the amiount to be recelved fram such sale. lease or other d,Lspasition o! setd pxaperty Ss in excess at $50�400 but not in excess at 31D�.OQO svch City Manager or other officer is requIred to first mak� a flnding la writing determining that such prc�serty comprising a part ai t�e System is no longer necessary� usetul or proi�tsbl� in the aperatio� thereol. and the gnvern[ng body at the Issuer must, by r�ol�tian or ardInance duly adapted, apprnve and coacur [n the linding at such City Matiager 4r other oiticer, a.nd sutharize such sale, lease ar other dispos�tlan of satd progerty. If the amount to be recetved iram such sale. le�se or other df.spasition af said property is in eacess of al d0��00 but not In excess q! lOx at the value of ifxed sssets ot the System acoordlr�g Lo the most recent annvai aud[t report, such Clty Mant3gcr or ather nfllcer must tirst maice a f inding �a writictg determinlag that bvch praperty c:amprising a p�.rt at the System � ao laager aecessRry, useiul or grotttable in the aQerattan thereo[. and the Consulting Engineer mttst m�lca s ltnd[,pg tiiat !t is !n the best interest of the System that such pmpertY b� dLspos�.�d ot, and the g+averning body af the City mus� by resolution ar ardlnance, duly adopted, approve a�d oo�c�r In the llndinp�s o! such City Ma�ager or other ofiicer and ef the Cansulting Engineer, and authorize �vch sale, lease or ather dlsposition of sald pra�erty. Anything 1n Chis section ta the contrary notwithstaading, t�athing restricts the gavernfng bo�p af the CEty or, to the eatent such authority has been vesCed in nim by suc� g�overn[ng body, the City Msnager !n the exercise of h[s cilscretinn� irom suthorizing the sale or uther dispc�sitian af any af the pmpacty oomprL�ing a pazC of the System, ii the Consulting Engiaeer ceriifies that the Net Revenucs af the 5ystem will not be materlally adversely afiected by re�n o# svch sale or dls�ositton. Such proceeds must be placed in the Reaewal and ReplaCemeat F. und oc use�d tor the retirement oi ou�.startding I991 Hoads, Isa such pr�aportlons ta be determined by the governing body of the City upon the recommet�idattaas of the City Maneger. The 8 payment of such praceeds Itjto the Renewal and Replacement P�nci do not reduce the amounts required ta be pa.Ed ir�to suct� Fund by other prov�sions of the Ordtnsnce. °;•;i =�:� Anythtn� !� th!s sectton to the contrary notwithstending� noth�g Prohibirs tr�e city ��;t?�:>'��, irom transierriaa ownerahip ot the System tfl another g+overnm�atat catity in accordance ?;.'�h;; with the Or�t�ce withaut oomplying with the provisio�s descritxd ta this sectlon. See `��r;:"= "Governmental Re� tlon" hereia. � .. �s. �� A6o Frex S��ae. 'The City has oovenanted not to readec or cause t� bc readered any f ree services od aay a�ture by Its System, nar will any pref erenttal rates be e5tab��5hed tor tlsers ot the SBIDe C1aSS. Whenever the City, incl�d�ng its departments, ��, � �' , u -23- ��.: , :L�.�A.`�..�.,3:5��4��!�t�� ' ��i � .tv. ,�•�C3`�i��t'.. � ;''�R'fai���: �?�,� ' ;��'�i:tr�,'4'{��J t'��i��� '�:fJr;�?1F��^"',:� �•��i: ':•:'. �.�}���I{�W�' %, , •- ' f.: �'�: ik ��r, ',�''�5 s;''�%� a'F: j'f 1°'��.�.�;�` .:;j .. -; '; ` � ���� `',��?'�'�r . . �7.i, •C�, i :•_-:. ��:�.�tid � :-t;;:'� ��.� .:.=: 4 ,' :•;� i ;j ��S'r'' :i1 G f t �:r�i'�iY;. ` — i �y$k . � �io '' � ;r` ' .; .� ,. ti� � �, P �F i: .j y� i � �. j r,., £. > i= , . }I 3� f.. , .' F .' '. '' � , ., � :� s .� �• �4 ,. ; ' ., :; �=" .a (+'" � . . • ----- , };,, {..,.t�...4�;c.r o�^;�•�fe �., .,,*'i �.�?t'::,ry�v .� �.,.� : . � , . • .i . ' . ' ` • , ' . ' ' . , . . ... � . . . �. .. . , . E� . , . . �r ,.�. 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' , ��� ' ., . �'t;',, �j'��� �.,��:,,�-�...s`,i�`�$,5:.�. ���'�.i�="I�•i;�'��`�<.+.i:;;f v�=��'�',y.�.,:�,{, z,i� ..��_�. , ", , '•s� 1 . .. . , • ' . . . - , • . , . , '.,�..i.::�. 'j.,tii.:'°• 3.:.,..r: ,f7. ��Pti''Ff.I rT'�i]� C � "1r ��11 . � . . . � . o . . . . � .It I•�•ri :��!'° e ;i 1 l �l. N �1� , � � , � . 1 � . . � ! 4 �I.. :., i�F� .f �t�ab��. "';� �i'✓e�� .. 4�f , ' - � , . . . . , . . 3� 'k:,a.: :ifi�i�.k�rj :'.'�1."� '',�� � . .. �" ' , .' ' � ` " ' ' ` � • . „ ' ' �', ',% r •a�.'+' �'It y if`;.`. �;; ' e �.,' :�. -,J �}LyS� t.�'6. �5..., : r � .. . , , ' . ,. ,r}� ' . •t,},. � � �°; Y�: ! �} �`5 Ji�: � . r< '.,3;'. � . . . . ' ' .. . , , , . . . i , � , � � , ���;sl .,�;{ . . . , '`. ,i (�.?� �� �. .�"�f.. . � .� ., . . ' . . . ' . . � ' f.�kl1.l.5f•'�1'',�T t.•.�`' ' . . . . ' , � . . ' . . . . ` .s� , ��' ^ �• ' 1 `' �'4'ti �F , r � . ' ' ' . • ; -. ii�� � � . � . `s.','''n.' ;. • � • • • • . , • ' ' F . ,+„ .'�:. IS `'''' . ! ' . . • - � ' � , ' � .�.���� , � � [. �'f ` t • . • ' . ' ••''� t'';, i . , . . , } . ' .' ' . �' � iC:+..F�:$r�`....:::�:.+«t'.:.i'4..4..r:�....r....._.v......t:. ... . . ..�. ,... ... _a.. .. .. .. � ...,. . . .� . . .. � . .. . �. � .. � , .. , i, :��..a.+...�x.r:rCie.�.:,....,�5.3rs': ,3 s,•�.,t•�r S � f . , ., . _ . , a -�1.:. . j, . .. ' '�? , .)�.,� {.••�'{+ . . . �� .:{ . ' ' ' � � `` :.l,:us''�:'.,��f:,�.'� . . • � .1 � � �. ' 7 1' `I�Y,}'4�.ti�4�`�,n� ' .' r.: �., t •.r4(jab-" • . ' .. 4 ` . . . , �,;, ,!. �;�,�� J�= `- , . . �i . � • �••.' 'tix ,,' ' . . . .�. yy�jt`�`r. It •._ `.�� �i. S�.ii �. , , J' � .. ' 9 �,,:il::'d�;'.y:-n;g-t j . �,_!':,,,,?;:: ;i�.:�o�y�!: , ,.Er'., �� , � � ageneies and insttumentallties, shall aval1 itself at the praiuct, facillties or servtces �•'r�: ��,.••. .a.�;�d �'yi�_;, •, '� � provlded bY the System, or �ny p8rt thereof� the same rates, tees or charges appllcabte :..°:;<'�`:�.`;;�L;�; �ti; Y,l�`. � � �;�; '�� ., ' . } �. � i to other customers recelniag Wce servlces under stmitar circumstances shall be char ed . ..,,i . ..y. `.._ •.F,.•`:.��r :, . �, �,. � •�i . ��.,. ;: ��; � �� ., ty and aay partmeat, ageacy or iastrumentality. Such charges siiall be �� q;�.'_a; `:t,:�. .,,4; , �;,, ta the Ci s�ch de ��'�;z•,:,.::r�����,���`��'�' �� :`�: , . .,� � �. � � � , . ; pald as they eccrue, aad the City [s required to transler iram its general lunds to the �;�.;;;;.:rt:;;.;! �:ti .� �'; :: 3 � . ��:'� . .� �,�;F' . . i , . _a� ;:,,: •� ..�„�,',,;� � ..;�,,�;.� � �� . � Revenue Fuad s�tiiclent s�ms to pay svch charges. The revent�es so receivea wlll 6e �.�:,�,: ...�.�,�.,°.r.�r;,,,.,;,�;�. •s.... �. .: •::.�,<<':,, ���.+r 3 , ". . ,•Y :�'�: _ .� '` deemed to be Reveaues derEved from the oQerattan af the System, and be deposited and ';.•>.�� «���� ��=��- z: • R �� , .'' . . ' I � ..•a ei.> t ��� N`�, ;.t� e . . . • BCCOl1I1 C� 4'a 1'QR1 $11C�1 Q� O � ��i'L";�ik'`" ����tti�,{: .i ���• ted !or in the ssme manner as other Revenues deria f rat! n of the ;.;ry ;�•�r ;F:,�::, t 3_ • . , . -. �_ , . k''��,�F �� , � ' ! �.� '. •'. -: • c"� �. �?'' , . . . , , System. . � ..;,�L;� ��� � �''�a � ° � � :>;.iv:�;.,;��: �., � c ,;t'.�; . '� . ;,;,•,.,; ��;��.�ti a = � �� � Eatarexiamt �ai Ce�lect:k� The City has cavenauted to entarce and callect the Sf't•�!,•t.. � 1 ; ' �, � ' ;� � „ �: ' � :>;• ''' � ,', ' .� t`'.��t� �. , ,� ., �` ;`�`�'f `; .:, '= r: .- rate fe�s and other es for the services and fec�litics o# the S tem herel� 1 ed• ;;t;.n��;���� :�� '� ��' ;u� --:.,.:.z: ���;�, a_• s, �r8 Ys P � + , � � :ti�`'�:=� ��-�..�r.�;::� " °' .. to take all steps, �cttons and proceedings for the enforcemeat and c;olIection ot such �a�? �; � '�� � �;��;"� ; � r.rt,�.`,� rates, charges aad tees as shall become dell[tquent �ta the !ull extent permitted ar ;`',� �:�r..�� �c �'''�' ,�,.�; .t';;°;,;�`�'f;::;.': -+��� �;. � suthorized by lsw; and to maiatain accurate recards with re�ct thereof. All suc� fees� ,`r�;,,��� $�'�v�'�;� �.�. �I s�::�� �;�`'. :;� �`. '°�'• �:','r :i�=, rates, charges arid reaenues ptedged pursuaut to the Ordtn+ance arill, as collected, be held :',;�''�z;.�:i���r,�� " ' u ,� ;a�-�:' �. �� s '. - , �;. , r'�. •• � ' - � in trust to be appl�ed as provided In tt:e Ord[Qance. ':s U�'��w�;�',� ��� L�-��Y� ��� ' _ . ': ' : r'i;:• .��� a � s •5; '.i,,'1- .': _' : :i' ,3;.': �` �`_�`'` ;:�``I�;�v,.-F,� The Ctty will uader retrsonabie rules and regulatio ! ex n per *'';:�5'���'���������� '' :�,,.�,. - , et as, ta the �tll te t mitted ,;; . ���,nl. , �d ,��r, � �' ;��;•+.` �'?' by law, shut att the connecttoa af a�np users ai the Systea� !or nan-paqment o� fees, ������'te�=; y"'�� �r����' ,�`� s ���' �' ��'' , �. `�i �yA �. �'� � �{. •; ,�,���'�t��:��'`=:;'�: � ,: rent.ais and other charges �or the se�ralces o! the System and wlll not farntsh him or '�'`;'��; �:�,.���s=�.� '`'�Y.. ; '��i: '; „�':::�: i. ``- :".',. `' .r;� � �.,�'��., , �. , � ;�,��° ,s'� ' �.�r"4�� �.. �: ,, i. .;. ... ,.�; permit him to receive !mm thP Syst�m turther service untll a!1 obllgattaas owed by him �;��s.�r�. �;�r-��`'�,�;,�"m 5•� _ `'�:; ��; �, _ '�: '�,°„r, ��s'�.�-. `' '' ' - to th� Ci on account a1 services hav� Ueen d !n ie�ll. �k���., �������' ��"� :,'; ty, p� �`�::;����� ,� ����` • . � '1: i.. �} ', . ` 4 r :�:+ti' :�rZ�:l�: :'�.t .r•. �•3'„�i;^.t�o'i.;,"x�}�r;i��t;vSj�,y �i� i �,I.,y.•,t„ .i�. `.�i: t•s"'e,�.,! �":'!''LY��y�,%�• ' : `: ���:i.-�:: �#�t..��� �' ��-,` Na Compct3n� Sprt�m. Ta the tull extcnt perm[tted by lsw, the Gity b�as <'�, `�:;�'�-�;s��'� �.��- 't irr .';�?',}a..�•. D`t`�. . ,i1'� i;�• ri�,+;i'�s:�',.. � �: - :1:' � � r '� `: �� �t covenanted aot ta her ter ant or t ���, . � �'��� :.r��� ,-y�: ,"." �: ' �;,. � .,. .. �;. eaf gr , catese, oonse� to� or aliow thc Srantl�8 4r+ anY �,��..• t�'' �,�� �41:�..��r , . '. • •�i, c.. :; ,; "'�,.;;��'•;-.�`� '.`�:_�- ;.�;',�- fraachise or permit to any person, !or th� fursishiAg a� Compctir�g gas services to or .�:r�•=•�t;.��'-~���rsL�'=��._ �i � `'' ��,.�• 4.�'�� �' . . t y 1�.:� V-•.`�• .�` C� %=-'�;�r_i' ��� � � . = r t,��,' � ' se of e . rovE however tt�tit it the Gas :� �~F ,_�: �'� s� �. . °•�,;--; �_; � � F� ,', within the bowndaries aof t?ie rvice area th City' P ded, � i;4�t'��. r,�}.��:' •.�b '1i e�� -`•.:r:: i�;"� ��'�'.'., � • ,."�5-.'.�':;1r...�Y- .;.'F � i �Y �= ' • - � �; � -+ S tem er rcnde an y� a t i v�r d R� . .. ,. .�.. � �' sc�-�� ;�, �� ;� ��,;. 1,� �;°--�� �{��j�� rs iaia tha t auL nat bt tussible for the C� to rn�id� .,�� , � � `�' ''..',r. �•:' Y! �1" 3��. � _'�O `ER' � !' 'SS' �ha;5'S:tti�. ,NS,"'�yE',�. �'�',�j� �:F:;�,.,:;c �:;;-; �'�: ��;.` such servtces to any spe�cittc area withlt� the three years succeeding a request to provide ��`;'.y;�s;`�, �,:'': ,�;�,_f, ��� �•: :��.,. ;,�.< ��:;::��:, ; �;;,;.s;,.�:Y,:�f�;�., �.���,� ����°�l�'�; 3'*',a �+.;:'% 'r such service the C!ty may authortze ar allaw the '� Y� r�'�,�•.-�F- �•�..: , �,.; >t�.,; ...-; ��: . , 8�rac►tin8 of such fr8�nchise or permlt �,,�-r=°°����,:'�j;_:,.;i.�w. ,.. . s�`t.. :-� , -. : . � ;`� -. . ;. ::�� � : •f. a-�.�. , _ ..°',; � �. ,'': � • �: S,�i,•. • � ��� .' 4 for svch area u n sttch terms and condEtioas ss It may a�prove. � : � � � �•r;: i��;*�x� � �§. ,�;�:,=5-°, `;FI';�;•:•:;;"t3:�r"'�'y Y� z''�.•'�,`M�,.}. � �'�.?•,"�`i�!���1:��.��'�i�;`� �.�t � ` .� ' � y .r.S1�? ytr i � .�r �',�.: . �'t r y �Li � -�` x C !� rti s �. r . � �y�, •i ty'� .: 5 � a �i��✓.'� •:� �: �r `,� � r� E:�:,{ ,, L7n�anin! CAnaecL'ion Pm�hlblted. The Clty ha8 L'ilBCtCd 8II O['d1t1aIIC@ IIltikfri F� .t c.y .� ,��: �`: ,. ,s'N ;. �;:c;;,,:�:;..fr- ';<�.: `��: unlawful !or any persan or petsons to tamper with, change or malce aay connection wfth ���''"'°4�.,, ,�ti .7 j� �,:�_;,' , � ..w �, � � „ •, ` •,. . �;,•� ,�.�,}: _+ ,• . `�)�J ;� a :i ..;3.;r �'4�7 .�{r.<.'T,f�•:: e i''"�"f�}',°ryqE;��. �'f: i��kt��� •. .,�:e i' :vY.'� :� =,•';� �`"`.:`�ir...,: f���,y '�T;.'F. r��t� ,-�x {r,s; �:=`z ,�F ::.,. �,:.t;, �,r: �:i. the 5ystem without the writtan oonsent o! the elty, o� to make anq ret�aniaect3oa with ���� �.,.: ;,,: �.+.;.�;,�.�.�,:,„� ; a •'"'{9r %l .l,' j n•�• i �.•-'. :.;i'`' ' ✓ k� t ,i�i s , f:S: "r,;l,'` '�:':��,`• ;t*:,I� �' *- �;: �'� �`� �x r:f�,�..r„�. �� the S tem whea :.; J.•';t`:5�,��• �. "-. ;,, •, �. ,��g . � �,. ; :_ ,. a ,, ,.. ;., Y� service hes bee�e dtscontinued !ar dellagueat ch�rges, uatil s�ch � � ; , �t �. - ,•,,�,;��;� ., '` .W�`� t '[1��+ �. �S�.k'..�r:s.i^i)�� � f`� �;;;� ; ,. ,F � :�w � ; „�;.i� � �� � �,� � delin ueat char es ,;'_ . ;g��-...�r• �; � ;,�"-r',s; �__,,:,�:.�;•.�,:;.•Fr"�-=. :...,. cl S ha�re bcen d�! incl fnteres r�a�oa�ble ti an ", �:,.s,. �: - ,At ` . Paj ull, �B t. �nal es d �; y.,. ,,.., . ` t'�'' •�i °' �' � :�'��:��-' ��<'�� reconnection � ; � 1,.? ��1��� ��4 .. �� e,� ,� ,,.., .� ;� ;.: es. The CI will enti to the ittll ex n r t l�:, `s, ��.���._<���:��''��-�r ;! ��s� :_� � a r ��. •��^;: �:...; �. .;;': charB tY diiiS Y, te t pe mt ted by law, �{f��- ���°�t*r��;�:-.. �'� ��. � .��` :��r:��:;,.:`-' ����%�', enior P Y P� �8 P � ~',�..t•l�~�y a{�i ��3'�,i.,L..°tir+,'.-;;; �..f t.. 4�:��' '� ce th#s ooveaaat and te rsnn violat th F�.. 4t;�i y',,,� �E'e "�4. ..;,�:..'�'„ ..'. i��i � C iQyl,7a�{�f � �w �VehSilt � � i, ! 1'.��.�.�.;'H, '��_ :�,;�`" -•��'����+:u� '�;s�,��:�`,,�R��� �=W or aaq pen� or�dlnnnce relating to the s�ma. ��_t'�,'.,`F'<'�s;� ��� s;r�,- ��'s�;,r, kf.��� t :<, t : v`•- s�•`•�,,, ,� +',� �i �.-.�v��rrr; , , . ?'`Yi� '1, $t�'� t:..���r�5.�.;,;.s.y �.x,�. j;'s,..•�.�`;5 i��+�,Ayt,'�1� , +.`L •S ��y �'�e+s�J,► p': i�}�1 $� l:E,,. �1� i.� ��.�r;.�•.���=: i,3, 'i, r 1�`,�� t�4x' `3�. �`:'L' �i:i.:%�,f:..- ,��, f��' S �{'� t, kr4�4:�,<s �� `' ��� :��',r `4';t.t�^ r-i��':. l41'nE� d� �l�d*+ In th� Ordlnance �iC j C I'� /:;Y.�+ �� R�y.' „ :� a� �`F.._�:, R� t C�► �1�R CS��'4C� �1C �lt r0 R`^', r}�, 1 � ,����,", ����t���`�� ���,�`: �M xi?'�.:�=ffi�;�`�' amead or st�piemeat tha 4rdSnance for certain purposes wiChout th oonsen of :�;�`��s��5 �,,. � .�� s i �� �•. .�,i � :r.,�'«,.:j'�5, Q t ,• '� � ,,y�fi��cf,�, ���� � ,�r � ��a {t:i�l�A4 Boadholde�s if the amendment or s�pplemeat does not q � •},���,�r�y� � ,..,��. � ., ����, � �dversel affect the r ts ot . � , .�� �.3��µ:r, � � , f Hondhalde 't" �y �i�� � ��s ' '�'P �; ;���'��'; rs. Otherwise� �o mrrteris� mod#lication ur amcndment d the Ord�nance may ,'�=�it������ �;����x' R, �'� 4 � �����,�;T� � be made without the oo�rent in wr#ting� d the Bondtw1ders ot ftity-ane percent or more i.���b�:=�:.�� ��'�����', �� �N, ?� � g�;`' ��"�'�: �� o! the �rincigal amount of the �991 Bonds oi e�ch Series so attected and then �":��;�'��� �;���- .�i�� = '� `�� ��rx outstaading; pravideci, lwwever, ti�t �o moditicatlon or smendment may permit � change =��:s�'�;�'',' #����'.�. � �" � . �� .�� !a the matisrity of such 1991 Bonsls or a rtduction in the rx►te of int�rest th�r�n or �n the F,`� �F��,��r,� '•. �`i" �' ti ,:�.� -24- 0 ♦ � �i•`! . . j�� . ;'.`'�`n.:L�>:.'�s�•:,�.�, .�I , � F, rn' �' r — — ` — � • � r i�'.r.�:�i.s �;r� , s _r ....�:6%� . ,r.4r�°�.id. il. � � r�^' �_ ._..--__---• -------- - . .. ,.� �..r� . �ti+•�.�ra,,,.,-r�.'�.�eq,;�1•�� . � . _ ..r ,�� , y. . '. . ,^,��3C.N 4F�1�1,y,,an .� f„ y �ai.,.' _., a . . ' •. . . . . . , . . , ... , .. 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'•�� F.:A.;'t,�'� '. � . r e :�°i14,:, .jyf,• .r�� � ' ' � . � . , •i . ,��.,F�,i '��TS''AS:, ' F.� '' .)i'' .. . , •; . . `��,��f'{,�f,j`� : Ll,;�� •l; � . . . ' . . . . . ' � ' , . �i�'a`• �, �!. � �r;::�t(i��r�i',Zir I � �. �i -, . . ' ' . . . ' . . � . , ' �'{:.�F.6'���'� a: �.4�1t.�,,� il;�f` � . � ' . . , '1� ��i � i .t. j��„;ti, .,y'. ,'',• ,.r,�. , ' ' , . . ' . , , ' . ' .. ,� �'~�,;i' ''..,��' � ' '� . � . . � , , i'r. :r�'. �" 1;{. r� , . �.g:,� ;t�� t... .. ' , . � ' ' ' ' , ... . , � ' .'.. ��� ,� ,f.� .�e�.x �'. . . ' ' , ' . . . . . ' . ' ' ! . ' 1� . - '�:� .�i� ' ��. , . ..'�.5••'r' �-~�''.�V:.' . . ' • , ' , ' y'.'� ' :��u� � " � �,'•1,� . "�}�' .. ial�,MY1:��,�,.r�ixs..�.�..i�..�-:.:e.:s'=ra..a'..5...�..:'=':«.e...w;.,._�_n._��.,....r...,.n.. ,..�.., ....,.. -. :.. �... .. .. . .. . .. .... .... .. . ..., «....y_.,.`�:...i.y+i++.i�,i�.Yy.it�.���e�ira . .i..'., ,r ,','l�< , � �'r: � ' . .. � ''" �`���.,ii.��`fy ;t:, '{.'�°F� +t:} 1 p�N �l��i.. '' '' , i . . p:,�,r�: , Z. . . • •'.�� 't�••^xk' 4 �;.: ;.ti;.�` ' 4��LF�.� d��ri��;� , ;;�'�.:• . ,��....,q j •,f',r_. Z . .. F. �L.. t.� nl 1y� �L' ' i' 'i' V � `.J, "�''3F •..4��r e�'.�;a 1,X :� i "• �� i�-i . i., . . : 2 �`: ;;�� . :�:,'. . � .. _ .. . ' . t ,.;, .t, ' Si��..�`�?'���' �,�, .... I '.�'• �R•t`'.'`t.. •.yj ='� 's�' '± amaunt ot the prSncipal obligatinn thereQt ar atiectl,ng the pramLse a! the Clty to pay the ; � ..t.�: ;,s�. 'rr;=" "� . ����� - .. �; princlpaI ad �ad interest an the 1991 Bonds as the sa�ne becflme due irom the Net : �. • ; :�. : ,<°.� .': �. :: �;,�� ;. �. �,_ .;,. � .. � R�venues a! tlse System or reduce the percent�ge Qi the Bondh��ders raqulred to cansent �� r' �;° ••��'� �� to any material mqdlilcatiou or am�endment af the Ordtnance without the cons�nt of the �_ �� � `�; � ,. � �. � .�.�; . .; ; �. • , , ..,; : ' � • Bondholders a� all such obligatlons. For �urposes ot thts ParaSraP�� t4 the extent t�t `�.�.�,�',:,'�� �: , any 199a Sonds are secured by a Credit Facllity apd such 1991 Boads are then rsted [n ;��Y' �� ��; �. �. `�' �: � one af the two hignest rattug categ�ories {withaut regard to �rad�ation} by elther Stan.d�rd .<c: . � . � `��.�!:`;f�,''i, �,�,;;:..: `�;�� ;� • � � P o o r' s C otpo r a t i o n o r b i o o dy� 5 I n v e s t o r s 5 e r v i c e, I a c., o r s u c c e s s a r s a� d � s 5igns, t h e n ���'.:'b �` ";�; "~-. .',� .,� =� the cvnseat of the Credit Faclll i�;uer will be deemesi to ponst�tuYe the c�nsent ot the fr-� �-•.r: r �1%' �'� ;r� �, :�'!, � . � - °,' ��- �a� '_„' �.�, Hondt�oIders and In such case no causent of the H�adholders !s required. �' ' �':; i : '' ,' ,?, .' : ,i'i : 4: �' . � �' _ (•,2.." „?`✓' `�"5;;'�;'.-' •:.;y :l.:,; r '. °' �:��- • �`�.•-,, ':`-S.: �.' �' '. . GONERN�EI�ITAI. REORGA11iIZATION • ��.'��ti::ti;• ;, ,�� �„ [,-!� `<.-� '�'��r ' Ki:'" '!; ; " 'y:'-,�`'?: ' u .�' ,;1': . .'.'�r�: w :''� .'-'.. r, •. �. �, : ����'� -r"�� �5::<"�°, .,,.,:, '�:: �� <•�: �: �� In the tuture the City may determine it is ia the bESt lat�rest ot the City ar the : � >;.r,�,, �,�,.. ->:�• Y....u- . ;�;},...,.^, Y : : , :.a+ ,,., ,,.._ .., , s:�- ,,. ;,��- .+�t �.. •t :z� �.;q..:.::-`�� System to rcarganize the governmenta! structure ad the City� Includiag merging or :-i�•�`-'�'���•.;,:�:t}��.� �,'�:; `'V"=.;" •.f:� �''� cQns�olidat€ng tlie C[ty v�rith a�other p�bllc body or traasierring the 5ystem ta anvther �` _���4�.,t, :;�; `� �•�,�.�: �'<;�_ n o ;�;4�>`�w:��;i�-:,;; '�;:.��-`°'�'�,:,:-`a' ° pub�[a body. Noth€ng !a th� Ordtnance proi�ibits �ch action� provtded th�t any ,�.,,, :,�..'i ..;., ;,:=;� �� , •.:• . •..,;; ;x�:`:,�,;..�'wy;.��': r,::::�,., :�,.;'. �.f. reor tton wht alfects th S tem r aa cit e m t vi ,�.:E;: :;;,.,y_4��: ,�c:, • ;;:,, . ganir� ch e ys Q y traa�sfer th System us pro de that ,;� <<. �:.'_.:,.;s• .�• �'° �',`,:_: �:�.'_ :•<?' �.`�,,a ;�,°:_� Lhe 5ysxem stwuil be coat3nuect as a sfagle eaterprise and that any publtc b�y whtch , , � � ..�I,-t�" ''f �'1 .. :'��:� :-•'.� ;�R ,� :'��;, ;.�,.: .�4, .�..,� s�cceeds ta the awuersh[� and operatlaa o! the System is requlred to aL�o ass�tme al.! ,�;.. ,.r:,, �'- ��o �; �' �t=r .:��,� '. rlSt►ts. Power, o�i[gations, duties and ltabillties oi the Citq under tlie Ordingnce and .,. ,, .:. :,� .,:�;. ;,,:.,:'`' �., pe�'t�i�ing 4 ;�`,;;: . ; a':� ,::�; ::is,.,;�..��: ,, , : 0 8.�i BOIIdS. `. r „ ",.�„ •`.��e' . � ,e•.:,,�:'-.- '- •e•; ;:l�•,' j,.:�;,:: r;r, r�• � .:�„'�:•, t-: .: ;{',';'.'��; ���:� :, �••� �ty�,.::.,��rJ;A„ry1;..�����, .j� . •r r.i.,: �:' UNDB�W��u�`J ',i;h�Y�{ 1r�� :�_+�'` �?ti {i�,; �'i�'-z,}�'.�•`�:. �. }: s �. , r ��... , .:i�}�';rr ��f�4��: ;��.. .,._ '%y�� s���°;::.;..r �_�;,. .yr,•>:::�:. �„ ,::r....;:. ! ii,.�.' ;'.r .,, ..''�,; ", ..y 'r.•� �..;:.;i'..,.ti�; �. � ;4.' �'�.;1' r{'�+�:�' ar rT`'1� s:tx;�:i:s`.`..'�; �F^{._l�;�ypt;�ka��v-3 �tT.'� �.;1�4;:�. --.�'.. A LiTi�•m Tr �': }1 y. Y') �� I�y� , i,;:t',�,• � ,y rf., ��,..<< �-';..,.,, . j f`�y,;�'3�':,�d'rr':':,.r'. ''{' . s�?,5'J:.l���;!.:':�..f .E'�' �'iia�"';'; ,+.1'r�'>�'r.'r'e•. ..�t�'r..,, s'-'.a •,C� 's ,,, ';5•� � = ;� i . �:�. � "1 �. �... ::�i�.e��iii'..�.. •`tF:._...�'h':r..:t��]� . The 199 ! Bonds are being purch$sed bp the Underwrtter, Smith Harney, Harrls Upham � Co. incorporated, The Underwrfter i�as agrQed to purchas,e the 1991 Haads at an aggregatc purch�se pr�ce of ;7,367,259.3&� plws accrued iuterest lrnm the dated clate to the date oi dellvery. 'i'he lnitis! pu�l�c otterina pr�ces set torth on the caver o! thls OfiIclal Statement may � changed by the Underwriter� and the Underwriter may off�r arid sell the Honds to certair� deasexs and oti�exs at pr�ces �ower than ttye publia offering prIces. CgRTA.Q� LBGAL �[ATTBRS ��,"'" Certuin legel matters !ti c�mectlon with the lssveace af the 1991 Honds are subject t�;=;��� to the ap�rovai ot Hryant, MWer aud Oltve, P.A., Tallahas�,ee, FlQtida, 8ond Cotuise! '�''�'.. whose appraving opinloa will be �vaileble �t the tlme o! deltvcry o� the 199 [ Bands. `''-;`' Certatn 1 ., ,:�•:. egal mtttters wil! be pasaed upoa for th� Uad�ra+riter by ItS counsel, LawsAn, ,ti�':$;:'Y McWi�trter� Graadoff tk Reeves, P.A.� Tampa, Flarida. Cect�tn leg�al matters will be ,{ �_=�:�.i� p�ed t�ot� for the City bq M.A. Galbratth, dr., Eaqulre. City Attorney, 'r Y S.' :' [ • 1 . a �'. • �.�Li�I � 'I'he raten�e! Reve�aua Code ot i986, as amead�d (the "C�"? establishes certain requiremeAts whtch mast be met subseqve�t to the lssaance and dellnery �! the 1991 Aonds !n order that taterest oa the 1991 t3ands be ead remain eaciuded imm gro6s tacome for purpose� o! Federal inoame tax�tton. Non-compt�ace mt�y ct�use intCre�t on the 1991 Honds to be included in Federal gross lncome ratroective to the d+nte oi fs�suance of the �951 �ond� regard�� o�! the date on which such aoa-oompl�ance �curs or Ls -25- ;;�:,••�,':,;; �, �,r .,.,..s.. ,�` . ',j - < < . ,� � � :;`; �, �, ��; t. , .,�� �t•:��?' �. .,'( �. � � > a � �� � ;�k . ^�;,:� r� ��� �:�'• 4�,%�`,.e �� ;' i �'ti; ` 'ti. . �t` , 3 '��. 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',.�:. �,,�;� '��v ,; i �,r� >�.. , �_� ��1{�.'{,itr ;.'t;'�'zt.. ��i � �tfY,yr�s �('+ �„ iF �`:�k ��G;.�.��{��, ��e � r �3;`� �j,�µ��3�`,y' ti�:�:l� � _.�:i',�`t�� .. �,t:�", ,�4s`� ,:.��';',� ;-r'y. r;.' ,.,`. \. <ri.;;r,A, ', ? % . :'.- • ;�.�,• .����j,}" „ '� ��=;•i4.. ;��,, iki;.�, . � �.y;,,�'.'�r; ': -. «���: � , .::;:-•: .? �"`.,,`�;�:' ' •f � �:s;� �•.w. . . �;�',=. � ,�, .,.,• a ,. : �r�'1�.�•!a':t�� �;r'��}::r;���� "•����y_,'1',�:F' ..:'ia{ .��Y'is= � �3'.�._, ��F.�,:.l:�.._r,:; � Y k�1 (. � Y ��t � prescrIbe yield �nd other llmlts withUa wiifc:h th� proceeds ot the I99 i Bonds and the other amouats are to be Invested and require that certaln Gnvestment earnings an the foregoing caust be rebated oa a periodic basis ta the Tressury Dep�rtment ot the EJnited States. ThQ City has covenanted in the Ordinance to oomply with such requirements [n ordPr to maintatn the exclusions irom Federal gross lncozne oi the interest on t3ie 1991 F3onc�s. In the op[nion of bond counsel, assuming comp[lance with the afarementianed cavenants, under exist4�g laws� reguiations, �udlciai declsions and rulings� interest an the 1991 BondS !s eaGluded from gross 3ncome for purposes ot Federal iucome taxatlon, Intecest on the Z991 He�ds is not an item o! ta�c pretere,uce for purposes of the Federal a�ternative minlmum taac impv�ed on lndivtduals or c�rpflratioas; hav,,ever, Interest ar� the I9J1 13onds mey be s�bject to the alternative minim[tm tax wt�ea any [991 Hond L� h+�ld by a corporation. Tt�e altemattve mtaimum taxable income of a corparatioa messt be increased by 7S$ o! the excess af such corporatioet's adJusted cwr�'ent e�rnings over its altee�tive mintmum taxabie incame (b�fore this adsustment and the alteraative t� net operating Zoss deductioa}. "Adjusted Cunrent Eamin�' wllI incIude interest o� the 19+3i Honds. The 199t Hauds are exempt trom all present tutan$ihle peesoml property taxes lmpased purs�amt to Ct�pter 1�9, Plorids Statutes. Except as descrtbed above, Ho�d Counsel wlll expres�s no oQlnion regarding the Federal incame tax c�nse�uences resuiting irom the owner� of, r�c�ipt or accrual a! Interest o�, or dis�ttion a! i9�1 Hands. Pr�ctive purci�asers of i991 Honds shQU.ld be aware that the ownership o! 199! B�nds may r�ult ia ooilaterai Federal iaoome tax consequeaces, inc6uding ti) the den4sl o! a�educkion !ar it�terest on indeb#ednes� in�rred ar canttnu�d to purchase or carry 1991 Hoads, (![� the reductioa a! the tnss rese�re deductian tor prc�perty as�d cas�a3ty insura�ce compaates by 15� ot certain items, incle�ding interest o� the 1991 Boads, illl) for tax�b�e years beginnitt� before 199&. the lnclusin� of laCerest on 199 L Boads in "modffled altet'�ati�e mtsiimum ta�atile income" far purposes ai the envlro�mental tax lmpased on corporatlons, (Iv) the Inclusion of [nterest on the 1991 HondS in� earntngs at certain torel,� cot�porations doiag buslne5s In ttte United States far purposes o# a br��h protiks ta�c, (v) the inclt�ion at interest oa I991 Bonds in p�assIne income subject to Fedet�stl 3�come ta�catio� of cectatn Subchapter S cflrporattons wlth Subch�pter C earuiugs �d proftts at the clase o! the taxable ye8r, and (vi) the incluslon ai interest oa the iA91 8oads in "madliled adjusted grdss fncome" by reclpients nf certain Social 5ecc�r[ty and Rai3ta�d Retlreme�t bc�elits !or purposes ai determining whether such taer�e�its are included In grass incame for �ederti[ ina�me tax puc�o�es. r PURCHASE, OWNERS[-IIP, SALE OR ASSP06TI'ION Of+ THE 199i 84NDS AND THE RBCEII'T OR ACCRUAL OF THE INTERFSI' THEREQN MAY HAVE ADVERSE FEDERAL TAX CONSEQUBNCES FOR CERTAIN WDMDUAI. AND CORPORATE BONDHOLD$ftS�. PROfiPECTIVE I991 HONDHOLDERS SHDULD CONSULT WITH THEIR TAX SPECTAI.LS�`Y5 POEt II�TFQRMATIdN IN TFiAT REGARD. During recent yenrs legisiative proposais have Eken latroduced tn Cangre�s� artd in �ome cases enacted, that a�teced ctr�ain gederal ta� co�sequenc�cs resulting lrom the ownershlp ot obligatla�s that are simllar w the l991 Handa. Ia some c.a�es these proposals hane coat,atned provislons that a.ktered the�e ooaseq�ences on a retroact[ve basis. Such alteretion a2 Fedecal taa consequenCes may have atiected tha mar�Cet val�e -26- � '•o.i �',t`':" .�,',t;',RS;�, . _ ..r ; �� �.�-;,�: :.r{�,:��,� e;. '��tii;,-: ,•,;a;f.�,;::i.;�,>; . ,.�'r.✓':`.i��. i't';,..N:'.i'J: i.i'•wf. , ; AE�:. ;; a,. :{���: ,,. �. :�'f� � ��� '^ €.'f, ��.;:s ,i;.��� ` . �}� •,E�'��€~V ��r�. ... �::� � � `� �< `. ;;� : ,. ; �.;;.. - "._ ... �L`J �rf.f�'� �F•�n��x' .r;` .•�ai,`^�a . �=.; :,::;'.f. .��. 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S i' �F.�:.. ,�,�; s . j; �: {:. . - � . , • . • ;`•{, t;;;�.• i , ,i,1e; „7 :k' c € , i: . .'� ' . . . .. . . � ,�.': :T'=S�, ii .:' �l'i s.F' 7'� , . , � , , 3:'"�-v�y!,�{E. ' .5r}i'. �'�• ,r�. . . ' ,. , ' ' . .t'„i ��,t ti�7,`�'.`w `; � y ' . , ` . 1 ,S ;r,���' .-�? 1 � „ji •.`.: �:�F<R i�•,�{S • , r . �.` : . . � ' . :�,,:. ' , Ar�''' ��y• . . " �. #., :'.� �� .�� �, . � , . � � ' '�.:,,, �'�'.�,;;',':`�''.�:'. ! � � , � � . � , l' ' �, �� '+�t� r: s� . �� . . • � � ... • .' r�.:, ��, . � . . � � . ti .. � , j � I' ° � , , - ' a •' f'� '�''y,"'� •' n:`Jx,'3,.,,�"tti'f,,.,r' y'�" ':K; -�F�'� . . ::�'�{tN. i i.6�:�q1',14e,�,..5 �^1'iL���.�yl��y �,�; u"s��;j�r0 :.�';�'14'j i.. �� y,��13R. t ' ' .. e. ' Jt�9� ej'I•jF •�P1.l+��C,� '. ' ,IA r . , , r . . � '.�'f .";� � .�1' ;. . , .�i ,'f � � � a � i ' .�'�; � y �''L'-. ' /-!�,..� `' . ' . ` r .• . , � ' � J^ 1 � . . ! ; �t, ;y i . , � . , , , ;. .,>. � .»:s ..."'�ic�,; • f.,� .�.' �t'�l �,*. � � ,...,. � .. . .., ' . ' �:'. �.' �s, . � . ' � �. n.t.�aNn �l.-N�elw�M'CiaaSF.;%�N, •. '• ' : . ....., .���' . . . . .. ..._. .� r :F ., ,'e' �. � 't �` ,1 .'. � . :. •, . ..' ' � iP r , �. ,.,. .. .. �.. . _.... ,. , 3 � _ . . ... . . . . .. ... ... e.. . .., .,�,w:i:�. , . , . ,raus.w,a.�.:..�sx�a.:.u.s.�� .. .__ . .... ....�. , ., . . . . .. . .. . .... _. _ , ° r.�..�t�.,; r,,, 1 ,� �.t.- �,ti',r'., 1'-.?• , �,. r ,''. z . " i j.:� �' .....,....�,., '�,t.;k�,� '„•:y(.;C; �:n�,.C:' . ° �. c ��. �( 4i� �';.G g rY;.�^",�� . '1•�i. f_,•' . `.� _ 4 . i ,�i�i`..�':a.�iY�.;. ri�Y�ii�?iB;:d, 'i ',?ka ' � . •i.�{ ; � t � � .. � ' ' .i��.''.�'i',�����S�F� �K'rt,�;�i'�:.�� �"4V5�• t. � � - '�� ."3'�«, �°� 'l°1�. N'��'' �.j � ' ot ahllgations �.m13ar ta the 1991 Hoads. Fram time to time, legislative propo�aLs are j;�s: :_;�"::�,� ..',::; �� '. ,�� �ndiag wh[ch could haQe a� eifect oa t�oth the �ederai Laa cnasequences res�clting irom :,=��.._:c;'' °'' �.., � . . �,�,;:r.:��,:;;j:�.;;:� ,�.;�..f �.�': � owaenshtp ad I9S1 Hoads and th�ir market value. No assurance can be given that ��'� � ': ���� �- ,�, f�- �; leglslative propo�s wlll uat be i�troduced or �nacted that wa►�d or ralght appfy tn. or ���.� �:�;���,. ,� '' . h�ve an adverae etiect upon, khe 1991 Boads. �i�� „.r ,f; •;�,r:,z:�.°�,�r . � 's*= �� •�' J :'��; _, :.i;: �, = s.: . • , . :,� ' LTI'iCATION �'tr�� � r:c 5" �,+ . : . i, � .�f.; '�7 �T� l';s,>'. .t. �.} �;':; :`: '.':,.., ;'`,�'-,�.r�,.` ;�. f�„'. ��4 Tt�ere is no litfgatian pending or threatened thet seeics to resCraln or enlota thc ':.:`,:'�'''� .:�,' `,'.::�=`;�;F� "``.'' ,1��,�.-�i tssu,�nce ar dslivery o! the �991 Hands ar the proc�edlags or the authority under whlch ' ��`� �� �. � :, ,,,,.�',:: ';:.��`' . ; c : they are to be �SSUed. Neither the r , � W,,;}..,_�. •�•t:�''•: �° � � eation argaalzatio� or existeACe ot the City Is :t�.:�.e:r� �:v�;` ,. . �:. .�f•.5��: �.�,�,r.,,Y;Y:r �s,ii�rr�'�L- •� ��� .. � r.OAtP.fit.P� There is no lltige�tioa pending wh�ch in �nq manaer questtons the right o! the ;,', •'r�r,;'as'�:;��;�;��: ��_ ^;'�. �`�:`.:,-�"f -, Ci to 1 e the Net Revenue� a! the G t .• ' t3► p ed,$ as Sys em tn the payment of the 1991 Bonds ��`� �"�"%�`4��� � �"� ��� -'>��������.= aad the interest thereon. ?, s�ixTr. r�` y i�,.r.�ti�.''F�;'�ti;`. �,���'{#�` ''' �'ej , iti • ..,� . .,�. ` ', � .��,; :o,-��.:'�, ,�•'' :, :.: -�� .' ` The CI e riences rovtine litigatton d clal :;::> , i;� -` �� :;, ; � t�., �� �� tY xpe an ms inctc�enta! to the canduct at its : ��;F . ,1 '�ry�;�„• . .,'. ?.Z ! C ;'t •' i'..', i_0.,'f t � e. . .: ..::... :.... ��°- • .: � .-�;��, . - ; : �.�. , r. ; affairs. in the opinlon of the City Attorney, there are �o actions presently pending or �;�i�::,`,�.�,'�:�;c,'. ; :5:,'t;r �' �d: ' �lPBBt@I2 the adverse outcam ,� .;,�::_;'•�.`. .. r.,:;:�•: ;�,:,.�4.,.:: , e'd. e a�f which wo�ld Impa.tr the City� ab[llty ta �erl�rm its '���;;''•�t�'�:.``-`;'�4�;'�;� ;}'�'�.��,s'.:s:'�- `. obligations to Che ho�ders o! the l991 Bands. �f.,�-2';;y i: '3:S'•r; ta�'�;.�.._s . ..4. �; ;Fq et y. c �. . �i (1'�Fi'f..'� ;.a',',� t �,�'� ��• J�� Y"' .Z;:a,t' +,Y�..�,��,:��.':'.'�L�`F'.:,.tf�'�;• p/�r���/�+ ay:y.,y-: �:`LI�,.t,����S�fVyl��-rFa�e:.iv,,i ' ., L�J111FRLi7 . . � # �� • •t::�;.'.�:,. '��' •rYe^:�i.:�''- .-. .�.,i.: k�.�l. � ; _� . . °r:x,'�.r.�`-.. • '..i Nl.::` ... .j;� •�;'a5�:' .��'.;.' .',. Staaderd � Poor's Ca�y�ratlaa aad y, In 4wc_ r y.,, `, ..-� i,��,�tp},.`t��:; , ,,, r+'' E:.. , '�"i �:} ��W� �7c�iC�� ��. iiLi�� ��. ;<>��,i�,,::;:,�;�Y;�`;;:"�`�:� ,'^'i��;��kr'�,.: j';:. thetr municipal band rat�gs oi "AAA" �ad "AB�," r�ctiveiy, to the 1991 Honds tiv#th ,, ` . `: �? `� ,f � ;� ' ry d the 199� Hauds, P4 �Y �B ��aut .�"�,;^:z;== tr��.,.;;���t:�s�, ����.: �,�::,;� _: the unEderstandi�ng that �pon deuve d ll y i�ts�lr the ;;;a.' �°�`��'4�';��}:"`��:� �.;:;� ::t,,>�;�.`f` when due ot the p`r►incipa! af aad iaterest o� the 1991 8on�& wlll be tsstted by AMBAC .%;��``�4ti�,> i�i��`��'�^'i, ;1F.�f.';,��•",7•.,� •��'°� LJdPiWill� 4d��{.idA. �;a�� �} S�,,ry..,�.^ .:`�1��.. � , ..+�'.i.;.. xeL�r{ :f�{j4 s�t��,.,�'� �1 S �'4t y � �..i `:' . r.. !, r>��; {�•: �` The rati�g�s retlect aaly the views oi the re�ectl�e ra�g agencies and are based :`Y�i: i� ;�:;�;�:.: .: ;;;.; i?::-`_., 4:;..4 �. l:s .J��' �`�• 1M'��. E' ��r.�, on curre�t iniarmatiou PurnLyhed by the CEty or obtal�ed lrom �ther sources ransfdered reliable by e�ch rating ageacy. A�y explamtinn of the s[�flca�ce ai the ratings may be obtained lrom the respective rattug agency. A securitles rating !s not a recammcadatlon to bup, �ell ar hold secttrtties. T31ere can be no assvraacs that a ratit� will remain In ettect for any glvon pertod a! tlr,ne ar tl�t �t wlll not be revlsed downward or withdrgwn eutirely by a rating ag�ncy, Et in [ts j�dgmeax, circumstanocs �a warrent, Any svch dowaward revisions ar withdm�►a! o# a ratiag may have an adverse effect on the market prtce af the 199! Hon�s. H1,5�CELLANSUiLS 't'he inlocmation !a t�e foregning pages !s pres+ented for khe intarmatlon of Pro�eCtlQe ��rs o� Yha l99I Bc�ds dcscribcd her�l�. The [nformation has been camplled itnm atltcia! �nd �ther sourc�s and, whlle not gu�rante�d by the Ctty, is betieved to be eorracG So;er a5 aay statements msde in this O#iici�t Statement apd the Appendlces hereto ln�ralve macter� oi oQSnion or �stimnts�, whether or aat so express[y stated, they are set larth as such aad not as repres�ntatiaas o# lsct� and no reprc�nr$tlon is rnade that aay ot the estlmates wll! be raallze�, -27- , ._.. � . .. '�; � : � , � �h _ � � � �9 _ ,.�, . � �' s. � • ft .� � ,t . � ;. � 11 >� , t� ,� ; ify � °�:. r .; �-� �:.. � 4:� , � �;;5 �,� ���� �� `�:; � �.� i r � ��;• �, �.���_-`��, f.. � �`" ..� P� �3,�'� l � .'. �' �r s ;,.: 1:�; � � i� � �: w e�• .�# ri �1 : f• : � � i]� �"�!�t�'h�'�+:�����. rw;y�":rY.�s �o;�;tw ..wr.�:��i:c.EC,-�,•.. � `C1,»�t•'°u.:�' K: �4^\�T.a.tt, � {r w:�i:. :£' . a�".i . 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' , Concurrently wlttE the dellvery a! the 199! Honds, the undersigned w!ll furnlsh their certtitcate ta the effect that, ta the best ot thel.r knowIecige, thls Ofllclai Statemeat dld aot as a! 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't �4.�, io; :';:' �' +x:�,x�� �.�'.�id�la�A4`StP.�K3}A'.cyesytrw'i'S.:.1�rlr.�al:.'f.�vi�,'k,._..'.5"K'. .�z� r5`�r4.•�,t:+ �•.�-�>, �n:: -..�.......,..:�. ..-. F� '•�- ....sf.�r+.�r�.,Sar�.SVUniw4 �:, .,.� •.�� � . r °� r_, F.�v rz`::�-.:, �:•.•;.. �,•,.:,. ;u-.:..�,;,. •.. ,.�tti .i,: ;.3�,,�? � ; �'`' :t`, �� . d �r<i, ;:�f� �� ',;ii• �.a���. �i ��r�C .` _'r: , . ,. : � � ' i �1� �61:`�!' �,;ei-,�: ti ::. :;�*' t� . .� .', .. , j; 1 „ +'i! �i. ., 'v ,.`i� ��r.; ,i.'� .. . • s• . .'� �...�..�+�y,'.��'1�•. .�s . , , Q1 k . _ � ! ' . 'f' r ._ ti'....'t..�i., ! � �t .i�j•�`�K` 1�.��i��it�.��:�1�A.V♦ I�'d.�.7'. "•✓'.'„', ' �� 1' ? 1 J�Ry��'rw[' L;l�r'()f. ��..t _•�.' .J .' S ��1� 'ri�.i-f �`tn�i�r�;• ,.�..1•f.�f!.��!.'W � !t`�', ����Lh °}i i���'t� if i�e".. :�,I� A' • • '� ::��k ��'`�_; ��'`'��;`'"kY�3; •��`•'f' RE50LUTt�N N0. 4/-3�. � ����(��;j�ii: .' • �. i i' °j'. :�4, !. �.'.,,�,, ^ ,. j. � �'�' ;.^ ��' ,' ��� �'' „ . �`���`<����° `'����'•;' 3� �� '�'�' A RESOLUTION PRDV�DING FOR THE REDEMPTTON OF ;ti��:,: ,,��s�.� �.•;: �; r� ;�F;���.``�� �`�`�,`''�5��,,' �; ,,3•'���'� CERTAIN �F TH� OUTSTANbiHG C�TY D�' CLEA.RWATER � t;��• {'r�,..�. �, t-. o':�' : . r ' �� -,,�.;�;:�,�,:5•�•:'-: "j''�' .''''>; ''#,' �. FLORIDA, GAS SYSTF•M REV�NUE S�Nl�S, SERIES ¢�'�'� ��'``""'t�����'' "� '} '� 1983 � PROVIDING FOR PUDLICATION AND MAILiNG OF' it � �•��'; � : >''•>> �� �`'6����'��'t`�1�'�*'";�}.r- �.��� `�T�';;�li� THE NOTICE OF REDEMPTION; PROVIDING FOR �+Y������;�,� rr"�?�� `"�� • '; ?'`�3•' `� � � � � CERTAIN OTHER MA�T�RS IN CONN�CT�ON THEREWI • � ,i3 � � ;;��,�, {�,.i �-.A�,y.s;,.�;; . � TH Lr� .r�f�; �'�,µr.,�+ F�.'iY. ,T�;..i,,[ r-.,,..,,� � ► •ar��'�'>�r���%h�t�i�t=�'��=�`��:�::.;��=t;'•";�: AND PROVIDING AN EFFFFCTIVE DATF: �� ;S�{� ;g 4't� :,sc ' • � . � r �Ltf�{ ��tp�`:?:'} �m`. �i+,;i.3�,s �.�i':.^x i'Y : .� . , ;�,_4�°; WHEREAS, �he City af Cl�arwater, Flarida (the "City'�) , has • �. �;:'��.:. heretot�re determined to proceed with th� sale and issuance af Gas �• , ,.. System Revenue Bands, Series 1991 (the ��Sexies 1991 Bands") Eor �y the purpose o� providing funds to finance tl�e refunding af �he �? City�s outs�anding Gas System Revenue Bands, Series 1983 (the "ReEunded Bonds"}; and WHEREAS, the City ha�. determined ta aall the Retunded Bonds ti:, maturing on and after September 1, I995, for redemption an i: "�� sept�mber 1, �99� (the "Call Date"), and to direct the paying agent ;VT,E a;� fox th� Refunded Bonds (the "Paying Agent��), to pub�ish a notice of such redemp�ion and to �ake such �urthar acti.on, including the mailing �f such no�ice �o all registered ho].dsrs af the Refunded Bonds, as may be required by the resoiution secura.ng the Refunded Bonds (the "Refunded Bonds Resolutian"j, and to maii such no�ice ta an�r o�her halders af Re�t�nded Hands whase ac�dr�ss is an f ile with the Paying Agent; NOW, THERE�ORE, SE zT RESOLVED BY TIiE C�TY CDMMISSION OF TKF CTTY OF CLEAI�WA'I'ER, FLORIDA: SECTION l. The Refunded Bonds then au�stand�.ng schedu�.ed to mature on or after September 1, �.995, are hereby irrevocahly ca.11ed fax xedemption on Sept�mber 1, 1994, a� the pr�,ce o�' X02$ of the principal, amaunt of the Refunded Bonds to be redeemed. �f��� _ . ._... , 4 �. � • � ;,>�„��; }cfr,�� j4 a>• � ,'�''". � � v+;�:�"^i5� . . ;!(����, � i�4��'�:�'r i � �� �;`���''�'j;" �'°,; t�s��`�� ��_ -_�i:t �` w � ;: � k ,� "s` �•:� � .< t .� � ;�� =� :'' � :,. �� ��� , �� `;� s, ,�, s. �. i '�, � �:..� i,1 r i S` �� ., 1 1 �� ;: ,v '�.� �,, ;, �; ff � � �s�'�. } ��,'��trc�tt�,�,'Ki7a.,�C:^wr';r`-w��.1.< ..ri:�••z��: �, � . •,t:.�, ..., i' .. k,..�.:. . . "1'4(T^S���f+�ki^v'�P� '�"S,w' *�7e •r�4..j�� ���'`5' ;:ew'��'� �e='� ��' �`�:. , , 'y�, . , . >�' , "u�' �! ��� 4A%f� �'� .:gt . " . � ' ' . , . , ' . . ,. { ^y:(�.' ! e .. , ;t. ' , , 4lt , y' , � t� . i a z • ' •=F , ,.• � i�NVO'f�"i;;i•�1�"�"o-�.:' . 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' � � . .t , ' ' . .. . � . . 11 J �•+��n �'If'',�y1 ' � ISy:�c�M �rI �Y.� ''�'!'��i' ,;I v �,�T'' � . ' . , . ' ,. ' . . - t � . .i. , , ?�rr� i,;e,l�'i. h � �' ���3 ,�' ,� , .� � �' •11�� � LY"� 1 {��� �,�� : -.4 � . . ' ' • . ' ' � r • �.F��f:•��f'�~� ��y� :��;�:�,��.,; . � . , ,. , ' , . ,' ' . . . .. ' ,:i.. �.�,�P����;�, �t; �i ���,.Y"i• `s� .�'. , � . . � . . . . . . .' . tir: F � .�?'��:t'"�;?'�E .���.', �,�i, „�i. . � . . � , . ' . . , '" ' ' �. , �i .Y`' ��trq.,r��F�i.�� '���'',�� ; '�_,� ' � � . ' • , . . ' . I.�'tr:��': ':�.};,�; .r..r. 2�'���^ .• : . . . �' � 'r,r�� ic:S"�:'J� 'rr: �i � i..:'' • � � . � ' � � . , � R r '" ,j y�r; `.�" �'�✓�.'iF .'�� ` ' � ' . . E ' � • � � ' -_--.. . , ,. G.,�;. t- +,�,k�,• ,t .'t�• : �� ' � , • ,.. . ' ' , . , Fi . ` , � ' ���''�}i' `�t.• �i1�. ,.t �e � . .- � ' . . ' ' . . . . i5'i�,::.f,ji 1A•3. '''. S� �,K h ,� , , .l-�.i•i i'�+' . ..�t� , 'i ' . ' ' 1 ' . ' � . . .... . fi,",4(a... ��' ;'� � 't�� , r.. •, :.' .. n� , • .ti . . � . `4�y '. �l' " at,�,-����'�, , ,�. rL� �k'y.,'�f,z.fi*{�.Jo iqtr� .i�<.. .}y nF �.r�. . n• . � ea�.. ' yti ..�1.. . �a' a t m. y�i `��� Yr, ti , ' �'-�k�e�rst�k+n.�iL�.x�tt�k'Ja�f�;+c�Y.��t..�YfnlHzvi:o-n�a•.m-,�hn(�yY�.�.,1.::�Y'.�..'-iwc:Ls�:i.::' ., . , . i. r � . }'.. � r �.K.}'� � �.i� _ .��� .r k .n .-:lF:.........,.s.._.....,...:,:.�.5,...1..•.'�l:a .....w.4:.:I•�.�.l..�..a:,..�t..3.�?�saw�lw►.��d�w�ii�l��.:• :.Y,�,f.�.��.R ',�.:; . . . ..'r>,��o: }�i�1� f�A':�!'� ' .. . � sAr , � T Aptilqy��.', . .i� :{ �,� �S��F�' ,'r.•,•'f '1� 1 �;;•� �"d. ��:, .� � �, �w�� �y�' ri[�L'�.,yf.�4` � . ���d_ ;;''='�i:''''°�•.:':'� ". SECT�ON 2. The Paying Agent is herehy authorized and directed �,•,�: �jy� 'ds�Z: � � ki �' 'x -�`J �,��`�]��t, „ j'�i�y�"'�I . j ', �:z�r�F' ��) �,`r; �:�7.a., j.r[,'': ��. ..�. _ to ublxsh at 3�ast thirt (30) da s zio t th C 11 D t � th •"'��"ks .. ?,���x: ;�r; :. p y y p r o e a a e or e Y,4 i;' �'� Re�undad Bonds in a news a er ublished in New York New Xork a �.A� . �:•,:;- p P P ► ► ,.;., �; ����'='� notice in substan�iall.y �he farm attached hereto as Exhib�t "A. " s'� The Paying Ac�en� is aZso hezeby authorized and d�.rect�d to pravide �-: . ;{4, written notice o� such r�demption to the regis�.ered awners af such ��:. �:��: Refunded Bonds and to any ather Bondholder whose name and address �S•Fr �i; are on file with the Paying Agent, not more than thirty (30) days _�:: #,,_ ar►d not less than fifteen (15) days prior to the Call Date. `',} SECTTOH 3. The Paying Agent is alsa hereby autharized and � �.:. Yit! '-��' directed to publish within thirty days of the delivery af the r= �.iti' ���� Series 3993 Sonds natice of the defeasance of tha R�funded Bonds. �s. 5uch notice sha�.l be in subs�antiall.y the farm attacined hereto as Exhibit ��B." SECTION 4. Th�.s resalution sha11 be repealed by �he Ci�y if the Bonds are not delivered and paid for wi�.hin ni.nety (90) days of the adoption af this resolutian; o�herwise tha.s resolution shall be irrepeal.able and the dzxectian given to th� Paying Agent sha1.1 be irrevacable. Notwithstanding the foregoing, this reso3,u�zon may be amended by the City prior to the �ssuance af the Sonds. ��., : _ ,._ """_ � �� , r Y •} 2 t ! � �i�; E Y� �v , 1 ��•F'• J'� � � �K ' t 'I ;� r f �'�.� � � n.� �' I ,�1`{ � � „ Y l � L { � � . � ��� � � "� f { ' .�i ��. k`�vhat'� ���"����w�•�� ° ,��;�M,?`� ��f,Y7'C^�i.s:i^r�.^,�.,' .fl'S�"°R►;i�� ` ��'�`:": :?He?�..a,�m�.��sx�,y«ti�.,:�.:6'?{.'fiap�� 'F ,$ �,, �„ �5-r• �'`�'� „, . t'=.. �o;�,,, ,��:.:,..� � ; ;< . .<. �.. t, . ; .,�3�i 1' ��r �; . l,�� ,,. . �. , . . !i; �! . ��`J��'.t'��e:.y:.��i:j.�!•f�.°:'l,.i.�:��':�._�;�,"?:iS;t��i,`v'zy ....e,''., ._:i._t�r2�i�'_�.v: �.�......._ -'u'_�i.���w._.�e v.�':.:.�_4r. .. �r'L'�. �t�_,.°_�r•'':��r.':t":�.����„''.}e�±1.r�, -+� - �r -g�{i s F� .r�t�:i Vv�C .�: �,; :1':��' :'� '"r: F;. 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',', �i�=�t sr.'ll��!JR ,� 3t .i�3,��..�ftt,'�:j{�:s'�i• �T•°.+�t; %��:: �;',- •i , . .i,r:�g: 1{:'1�:,��+�E7? fj,1� �yt�s :4�� Y�`';="'S��i't''' .�� , r '- • ;'i' .. ' � ' ' , � - . ' . . .; �'�, fr.'",�'.*�. i?'q j'• !� we� �•�; �� • tiv� � . r : �,`w�'.' +..y .� {. �'r1��.�f�Ni����'.��'�st'_�.pl�.,.�. . '�••�' • . � ,��'*:•"�d4.K�`�,ty..,�.F'y��F��.� �,�at;`�`4-a L.-r ��`� i•:°Fr,,. � �r. t : : i �i : , r•- , � � i., . �l . . . . , . .. •i - ' . . . .. • � . . � "' ���'. it:;,r �d• '�F a: � �'ti ', ., . . � . ���: �;��.� c�* ' a .,�; ,,., ��':; . . . . , , , ' �� ;;�rr,.� ��4 , 9� 't��; "• �"• � r' � � ' . • ' . ' . � � . � . . � . . ; . . . '°'i `1'; '`, .r-" � i �} ��� a'i,� ' . f h� i� . . . �• '.o-.. ; , . �t{� �:��, i ��' �~� �L':'��Y r, ' r.. � f ' , �' . . r , . ' .. . ` � . ' %' �fi°..��'7.'`�r�.�``�j�t�1�,�. #�'_� ' : i� � ' . r� . , . . . ' . � i ! Y�`"��w" � tFn�y� �f Y7� i i". �� ' � . . ' . - i. � � 1.': `•LN::js ✓St{ F,1!.�,�� � ���, �,�. r� �Yi.• '. ' � �' . • � .. , r , . . . . . . . i �,�ii.c ^'�4 �6 � .���", F��� �'°Fi-y��'! ',3 �°r',[ , � , t e � . , . � ' , .. _. � ` v , "' , �`y�r' , i���'l.�'��F`}aI'� �r�j ie' � � .�e. � f ,.1, . . . ' ' y � f ' 1'y' li''?i '^. rIi,.��i' • � 7fY'F���`�')". `�\�.?�( � .� ''1� ,y.:. ' ,t y]�j!�ry Y '���i .�,�1A�� %����i1! t�ri��.. `? ,i�i r" . - 1 . . . . !�„�� .. . E� `. 'h._. tr; 'is�r.i_t' ^. ; . 1S . ' . � . ' . , � ' �i f�.T� i<<i :'�" �E.�ttr) I. '�t~ .S °1�� ,��i_ . • , .. , . '' . . . t . . , . .i " �- `� . ,�. .A. .F1.: �r J�r:S�� '�' t�� ii` . ,I� , ' 'i ; ` iy ' .`I�'. 1� e'}'�:;. ..�' '�, ��e , . ` ' ' r �.< . ' � . . . �e 'Ft.♦ •Fil��� 'ijl�,i���� Hitl�lfej�t`y'%��.'�+�MT'�.r,•x��rt�?�il1J't•+ki�MMrr.rY..q,,,��.�.,;�+:rr a,sa .f_:-,.�`. .a. e �„� ..F aeQY�r�NGS�.�'�rrtmFi''�'w1�.l�.�L.a.u�t,lw�irw..ti�l..�..ow�.�'r.:;,;rJi::-y.«r '.s:.4,<.i.u�'e�.�,E.k:2�, w p;):�% �t_ii . � � .,;:.:.,''!`'i ' ' ' ' . ��{s.� is . t � � ' �r�.�i{��'.�'�j , . . . �i�5�'I�r� 1 ' i i �,i'.'Y:.�.A;•. � ay:^�`�)�'+'� . � . `'�-'°'�'r' �� SECTIO2� 5. This r�salutior� shall take ef feat immediately upon ..,.f;�;�„, � ,r�.�. ; �, Ci�'��'ti , e r'•:=:;��� ��` its adoption. • � t::'r t. ;.r?=:. . � , Passed and ad�p�ed by the c:ity comm�,ssian of the Cfty a�' � CZearwater, Florida, this 15th day oE Auqust, 1991. (SEAL} gx: . Mayor � ATT�ST: � ' C�.ty c7.erk Approved as to form and corxectness: Ci�y Attarn�y �� dt1"'•'.*`+..: .y .. � � _ � - _ x]+...�.n..��n � �1 � ' . , � i• , t ' ., 3 . , � . 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Z�::��y;A lwii+a � . ;u�:��,�,;r�',: EXHIBIT A ,4��,<, ,r':,�r. �`•4w=':`';�ff`�`:�': �' ' �� ��_�,. �' NOTICE GF AAVANCE REFUNDING �;'s:'s, ' �., . > ;; -=�,y':•' � ;a���;'�{'�s�"��,;;= CITY OF CLEARWATER� FLOAIbA GAS SXSmEM REVENUE BONDS SERIE5 1983 NOTICE IS HEREBX GIVEN that all outstanding City of Cl�aarwa�er, Florida, Gas system Reveriue Honds, Series 1983, maturi.ng c7 or after Sep�ember ]., 1995� have been irrevocably aalled �or r�d�mption an September ]., 1994, at the principal amount �hereoi, p�us a premium oE two percent (2�) af the pr�.ncipal amount tt�exea� . �ayment ot the �rincipal amount oi said Bands, with premium, will he made an or aEter said redemp�ion date of September 1, 199a, upon presenta��on of said Sonds �►t the principai rso:;porata tr�xst office oF First Unian National Bank o£ Floricia, Sti. Pe�ezsburg, I�'lorida (forme�ly Florida National Hank�, as Paying Agent Eor said Honds. Tnt�rest on said Bvnds accruing to or pr�or to said redemption date will be paid a.n the usual manner. rnterest nn sai.d Bottds wi11 c�ase to accrue �rom and after said redemp�ivn date. . „_.,,� . , '. '� '�;.. _ ,�r�, i i pATED th�.s day ot , 2994. FIRST UNZON NATiONAL BANK OF F'LORYDA As Paying Agent By � , ,� , ., .. . . . -..,,,� ,,., ,< ,,.. . .., r • � . -�•. � R � ��{ - '� �a �r �� a �, �� �� I � �' S i �'� �� ;� �� ?� � �,� m � };�:pv,,�.�.a�.nl..�p..,t����-�o-+.. ._ r ...�,«,n�: •n-�.•„qn.. .h. � ���r:s�:.�;ry,.r.Y'lfjiw�.w.,�RT�s.>d...,�ti:tv-ra��s�'i:6� . .r.: :, _" . . , 'i� M. .'� '. ' , . . , ' . . , ' ;� � �6'.{ .. .��tr{;. .. _ _ •.,.. �,., � - , , . ,, : � , . �- • ,�� , �[r.ifinE1e�,.�...a�'1��i: �,I�'3.��.17��:1,.t�{.:i..'.J�: .. :I.��%.�• '�t��.iyt.';�. �s�'... � �� �j. ��f' .1 �w..,.i� �3 ... �S.�f.>.� . ... .. . . 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':f: � ' R.J." «;.�^'.`�.i��:..a.v,o .Rt:' y�';'�#�y�,; ;,���, • ;ti���,• `M� �'• .J��:b!. !'� � . ; �'vY i'�� i`�,�n4."s � `' '�Firs�.r �� �� 7�f:`S �i4•' , t� ;4T�'.��i`.'�'i ;��`•''e , . � , � ."^',�j,''�-"�-`=.i�`.�� EXHI$iT B � `� �~ •,�:�+•'�;�'•I, �r�� ','i:,' ;'.�: :�3�:i'.t" i. ;�R �`. >f , , NOTICE OF DEFEASANCE CITY OF CLEARWATER, FLORTDA GAS SYSTEM REVENUE BQNDS SERIES 1983 NOTICE IS HER�BY GiVEN �or and on behali af the Ci�y a� Ciearwater, Florida, that the City of Clearwatez, Florida, Gas System Revenue Bonds, Series 1983� maturing on or a£ter September 1, 1995, have been advance refunded bx deposi�ing in irrevocable escrow cash and obiigatiions of the Llnited S�ates of Ameriaa sufFicient ta pay the principal and a.nterest on the Bonds maturing prior to Septemher 1, 1995, to pay pra.ncipal and interesi on the Bonds maturing on or after September 1, 1.995, and ta pay a redemption premiuns oP 2� an the Bonds �aturi.ng an or after September 1, 1995, which are being redeerned on September �, 1994. Such Bonds shaZl no langer be entitled to any security or bene�i,t under the resolution autharizing their issuance, o�her than the ari.ght to r�c�ive payment from said moneys. 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G% �"� •�•, ',�',��.' � � � �j ,µ � .,i�r�f. � �� . ��q�it�`'E. 'r�' ;i : r:r" q •� 'O � �y % �' ,`wa':,�i��i�E•�.�i �: .r/l •r:"".i•; "j'�,�">,,a' N'_ N 'H'/,43S�0oo R�� �j'+�}s ����� � ' � f .7 'ft' ; f �. .. �i : .I Q1 •C �� "i}'�t s4'��<q 4`s. ��,,y �''i-"��!`���;�A�t �`i .� a � ; CITY OF CLEARWATER, FLORIDA `:��:�������������� �. � .�; ' 'bf: :�',� ...i, "' .• ty � � �% •�.0 � � ( � �q � t• yr�� h��Y' 'l+,i.��� p �' ' . .. 7. .t!'�: ,. .,v O C �� I i �': :t =�j:S i�,•;j`+�'�r-. 1,' ;G� C� N� {�iAS 5)'SiCTIl RCVCfll1C BQ[IdSy Series 1%91 �ei��`s.,��y����,��+ ,' r w• �'�: 'a" . .d; ��'� .'Sij T;,, � ;�,�t; t'�b:' r.:��?1,' ;�,� ���� Dased: Septembcr I, 1{)91 Duc: 5eptcml�cr 1, (AS 5F1nR�n bclow) '�,�fi',�.���:,����' .'' r.�7 =�:�'' "r;�'iti •f!} �tr� 1• ��� � '�t�. ,''�� i' ,::. �,' . y N d? '[7�c C��y uf C�r�rnvteq I�iuridi f�hr "C�ty'7 is i+suin� 57,,{15,III1U• Gs� Sys�em Rcvenue Bunds, Scrics 1J91 ftl�e "l�J41 {1nnJi'1 �if to proridr �he � �� "�r�„ x ; �S'' � y �r; j� � �� �' ~' .' Y � �' � , .-� ��.� A l�' .� ..-n.:'l.�='��F+`rt'����.'•tt���. � u3'� �-- funJs nrcessary tn ad�•anrr rtfu�d �lit City�'s uutstanding Gu 5ysam Rrcrnue 1lu�ds Scries 198� I�Eie "198i lSunds'� x�d ��i1 �u hay� rrn�in ear�s nF +� �C. x .+�,� � �.n�ao N .� � y � N C� � � N C U�� al .~ �•-••�:. � V O � 'O O � � C � N � � N � � � A� C D � � � 'D OE.n� � a�- i� C 0._ � O � C � y C�.� t� � � 0,�.=�ctl N 7 � � N � ¢ � � � � O y - � C � � � � W � � •N � ... C � � � �Eo� � � � O .� � � 'r N +-' .�, ►- � Cn p O •� � .-. (� C �. Gp •� O U�:�`C � � '� � o � �— � � N � E Q� d! QI C�� � �� '� Q1 � � ���'3 .doo� c,��� � '� � � mca'oo n � �' o � �' � '� � ��� �' U [0 � � p ���� ��E�� � s w :� =� �c�n� N� �� � E�.F iswance of �he 1��)) IinnJs, Crrt�in uf the nrt pnkeeds Fn�m ehr 19�)I llonds wi11 kx usrd �u purchasr fcclrral Securities, the principal ol tnJ ineerese on a•hid�, wl�rn dur, a�ill hr usrJ tn ryay pnnci�++l, inrcresc and any mlrmpoion prrmiums an chr 19R3 fiund�. Scr "Pur�isc af thr ty91 Ifc�h�ls." 'Clrc l97! AunJs will hr is�uecl undcr and pursua�u �u Chaporr 1(�fi, Fturi�Ea Sm�utcs, as amensln! and o�firr applirrk+lr prmisiims uf (ax, and Ordinancr Nu. S l IR-91 �0 1x enacrn! !�Y thr Gity C:uonmis+i�in «n AuKu�� 15, 1791, as su���lrmrneed IThe "Ordinancr"}, 'i7�e 1991 13nnds ue siYUrrJ by � priur lien and p�ctiigr uf crrrain rrvenucs drrivni by thr Ciry Crnm the eiperatiun uF its gu syurnt {thr "System"}, monin md investmrnts de�r�sitcrl in ceruin funds anJ +rcuunes cse�k,lislird hy �hr prJinanc� and earning+ �hrrenn, T7�t 1971 liunds w�ill !x issucd u rcgistcrrcl knmds u�i�hout cou�ms �nd will !x ini�ially rcgiscercJ only in circ oamr uf Thc DcEryitory'1'nu� Com�,any, Nrw Yurk, NeK� ]'urk C'UTC"1 ur i�s nominrc, a�hicL w�ill act us srcurieies Jr��sieory fur �6r 1991 l9nnds. The 1991 pnnd� will lx av�ilable �u purchxsrrs in drnnminatinns of 55,11[H! or any intc�;ul multiple thrrn�f. Th� 1991 Uunds arr rvailablr anly undrr �he kxw�k-rn�ry s��stem maintainni b} Ui'C �hruugh brukcrs a��! dr�lrrs Khn irc, ur ari ihn�u�;l�, I)TC pariiri�nis. fnurcu on chc 1)�)i liundc wili hc }uyaUlr umi•annuaily he�,inninu nn Much l, E9y:, �nd on rul� Marcfi 1 amE Srpremkxr 1, �LereaFeer. 77�e 1�1+)1 BunJs a•ill lx suhjeu ro rrdemptinn �riur �u mamri��� as m��re full�• dcscrilxd I�erein uudcr �hr rap�iun "T'hr 1971 fiunds." '17�c juy'mcnt nf �hr printipll uf and inrcresc �3n �hc 1I91 Bonds ahcn dur M•ill E,c insurnl hy a municiprl i�md insuranrr �xilicy ro kx i�fuctii by AA{liAC ]ndem�ii�y� Cur�x�raciun simulrrnrously with ihe drli�rr}� ��f thr 19'll (funds. � Thr 1991 Efunds N•il� noc cons�itu�r a deht uf thc Ci�y nr a pfedgr ui die faith ancE crcdit uf thr City within ihe meaning oF nny cnnscitucicinal r�r stntu[ary pn�risinns nr limitatiuns and ehc issuancc of �hr !°17t liunds witl nnt dirccdy ur ind'ercnly nr eumingendy ohligate the City tn pledgc xny aul vRlurcm taxcs u•6a�ever thercfnr aeid thc huldcrs oFthe 1991 pnnds wil� 1�avr no rccnurse to thr Ewwer uf sd valurcm t�urRticm. In �he upiniun uf f3nnd Cuunsrl, assumin�; cuntinuing rumplianee I�y� �he City w�i�h s�rious cnvenann in �he Onlinance, undrr e=istin}; s��wrts, rrguluions �n3 juelirial decisiuns, thr intrrrs� on thr 1'J) I 1lnods w•ill be e�cluelsr! friein �;mss incnme for �nlrral incume tax pur�ises uf the huldcrs thcrcuC 'fhr 19)1 19onds arc, undcr rxisring [aws and rrguln�iuns, a[co rxcmpt linm intangible taxcs im�rud pursuanc to Chsptrr l'�), F[oriJa Sa�uces, Srr "Taz lixem�ciuri' hcrrin for a drsuipciun uE ul�rmaTivr minimum nY trcicmen� anJ rcr�ain mhrr cu cunscyurnccs �u hnldus nf thr 1�)�ll uonds. AMO�NTS, MATi1E�1'I'IL�5, INT�ItEST RATES AND PR10E5 OR YiELDS Amaunt Maturity Intcres� Rur Hricc or 5'ield Am�'unt Maturi[S• Intcresc Ratr Prire or S'ic1J 19)S 2UOU 1994 2{10 I " 1977 2on: 199ri ?IX13 i�»<� zc�o� riF, Term E3nnds duc Septembcr I, 2009, Pricc rib �ii� Term Eicsnds due Septembet 1, 2013, Price rih (Accrued Incerest tu be ac3ded) Y'he 1991 Llnnds �rc oFfrrcd whrn, as snd if issunl rnd recti�ui by thr llndcrwriorr, snd subjrc� to thc nrinion �s �u the Iegality nf thr k991 bunds by pryant, �lillcr and Olive, Y.A„ '['allalusue, f��arida, f3and Couocel. Cenain lcgal mrttrn xill tx �i�ec1 upon fur thc City hy b{.A. G�16rairh, Jr., Hsquirc, Gity Ataarney. C;cruin legsl m�nen will he �susi u��a for �hr Undrrw�i�ct hy l�xsun, MrWhirter, GnndnlTk Aecvn, F.A., Tsmpa, Florida, Cuunul m ehr Undetwtitcr. It i� re�xncr! that �he I�rJI lfunds in kwok•rnuy furm wil� kx �railahlr fur Jelivery in Nea Ynrk, Nex 1'ork, on or �6au1 Sr�temlKr 4, 1991. � � R� ri� �V V Smith Barney, Harris �Jpham & Co. � _ �g �nCarporated �,—A�o' • Eatirt�ted. �ubject tu clungr. � Q+q 'The date of ttili OFFicisl 5t,�umen� i� , 1991. 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' , � -s � ' el, .:._�'.�`; _'_ �. . ,r, ro � �»�''•4, ' �".� �ra' �n .i ����:,; ? f�j.; _.�i�;i. � f , � . . . , ' . ' . � ' • .., . . . ; '��' �'ry' : '.' `i,{� i�'.3:.:' St� x>.�',ji.y.'' �5'�iF .� . . ' ' , ��f� .L.3'y%'J�.i « '�JJ �l' rii`. 7.. •' _ ___'yryr,a►�r�.-•-•,_ �•ras.��ra�r.vsa.+:..rd.4a.<,wa�..�..........�...••. -..-.-...-.....`�.....�..w�.�w....r.w......�_�war-�,r��«a.....,ars-Yr.w�[a:vvi..vY'..tALlii�{G�a"�tr:'� � L t �:. fl� fljjj```J',��,�'yi. ♦ , %)Yr.•�^J' ' •.F�: � ��• ::';,''�.:'x:' Y;j)i$'n'��,�'](�.{'�nM .J�lpyk�, sYL' `_� . .., . .+. . ;�3�:',}�Kf�� �*�N�`�&'"+M S n- �'9^� . �� 1Et -..11:! 'S1",d..,.Sti.;�'��'����.� .T�%�» ��r",�:;,1•N'�f'jYLSrAtf�3°�j�'; �.�t[{���Sl i�i...: �"g� t ".J'.'' � �•,�+r.'�.��`•7�.���� �i� ��'{+,Y . ...-� t � E7ri ��:.. yi FP �$� • �b.:u.�1��.�!1�'; .'.. •, �.i !F �Yi•'���i:tyt�j��.',��.� �� l9+� ?tr'. ~ 1.•i%'1. ; _� • ':; .�' . C:,',���d..' �;.�.;d.:"i:�:.M .�.,�i�,�.i Si f,� , � i S°^'y�_ �.e. � w rra f� � f�{' i A f� ''�}���� 3�'ii�.`i ���`�' '� No dealer, 6raker, salesman or other person has been sutliorized to make any `';FS,...:�> •�.:: , �xr `� �= �=' �'''� �•- ���' represer�tatlons ot�er than as cnntained !n the Offlcial Statement and if[fiven or made lL,ii.�:i��, :: . • _ :�.:,� . . � t 1 O ! ' s�_'�• °'�'� J�4°: such other in#orniatlon or representations must not be relied upon. '1'his Official ,1.[yFi �?i'� .'' � y �,'.�r ;-T,r N , t�t � ��-����,Y;«�::��:�': Statement does not constttute an offer to seIl pr the sollcltatlon af an affer to buy, nor S'sf�'�J'� �i. :..� � .•i, � �'��;,��;� '. �"�'��� �-: �'� �3= shall there be any sale of the 1991 Bands by any person in any jurl�iction in which It Ia :�,,,.; �.q�,.�"::�`�.r.•..��- - � �..`,° .`' °- �,, unlawful for suc�� person to make such affer, sollcitation or sale. The information ��:�-�.;�:�` ;�;�c.. ,,�,;�.�. :"�`,�'.4r,.� .. i���.. �'.':.:: �,'' ;:: ;; .f, ,�j,....•,. :�,.,. ., contained in thls Officlal Statement has �cen,obtained from public dacuments, records `�`� i� '��`• ': '� +` '''� �� and other saurces cansidered to be reliable and, whtle not guaranteed as to completeness •'� :��pl,�; t�r 'U;';•Fi:3.. ��< <� •�-- �����"� ����� ° o r a c c u r a c y, I s b e ll e v e d t a be c prr�ct. A n stat em ents in this Official Statement .�= s}^'�"� �`���;`; =e�4i:}:�r,. � involving estImates, assumptions and matters yof opinIan whether ar not so expressiy �ai��c,� `�'��•�;��:�i �._ _...��r` in h d i f f d th CIt l .�s� .� � stiated, are tended as suc an not as representat ons o act. an e y express y makes na representations that such estimates, assumptions and npinions will be realized ar fu�filled. No information, estlmates� assumptions and matters of apinion contained !n this Off icial Statement, or any saie made hereunder, shall under any clrcumstances� create any implication that there has �een no change In the affairs of the City sinee the da�e hereof. IN GONNECTION WITH THE OFFERING, THE U1�DERWRITER MAY OVERALLOT OR EFFECT TRANSACTIONS THAT STABTI,iZE OR MAINTAIN THE MA�tKET PRICE OF SUCH I991 84NDS AT A LEVEL ABOVE THAT WHiCH MIGHT OTHERWLSE PREVAIL IN THE OPEN MARKET. SUCH STABILIZING, IF COMMENCED, MAY BE DLSCONTINUED AT ANY TIME. Tabic af Contmts PaKe Summary Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iv Intraduct�on .. ...............................................1 AuihorIty for Issuance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . i Purpose of the 1991 �onds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 The1991Bonds .. ........................................2 Baok-Entry-Oniy-System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Redemptlon Provisfans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Security.. . ..............................................6 MunIcipgi Bond Insnrance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Payment Pursuant ta Municipal Hand Insurance Polfcy . . . . . . . . . . . . . . . . 7 AMBACI�demriity Corporatton . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 The City of C3earwater and Plnellas Caunty . . . . . . . . . . . . . . . . . . . . . . . . . . 10 The System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Physical Descrlption . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 GaSSupply ..... ........................................12 Rates, Fees and Charge� . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Servlce Area . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1� Internal Loan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Consultant's Recommendatlon . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Comparative �inaricial Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Debt ServIce Amortixation Scheciuie . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . !7 Coverage of Maxim�m Debt Servlce by Net Revenues . . . . . . . . . . . . . . . . . . . 18 5aurces �nd ZTses of Funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 Flow ofFunds ...............................................19 Cpvenants.. ..... .....................................2i Governmental�Rearganization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Undervrr#�ing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 +-- � ,_ :: . .., �.� -- - - - � . - � � -i- � � ,� �r r ,' �; i � } v4�� f '*Y,I .:+ � .� � w.. 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' , -�, , .. ,i, ti'�'��:' o -1,�,.� '�. ��,r"> �e i. �, i . • . . • r.: ' : � � i�' 1,�, . i`Pi'.f���1y.. ;I �. . ' ' . �. � � , . . � , .. ... . . .� V . � ' . �, .... ' 1 � . , . ` : • ��. �;°;.`�':k�'}� �A�,:,f � •' , .�.'�''7�._i ,' . .. . ' . ' . . . , ' , `f i , � � .'.i,.r�'' <s' • . � ' �:1�:'. -�,: �:� � ,, ;;l�i,._.;E ., � . . . � � , , , . , ; .; ���' ���� ;;ti�;., �;�-�' #' , . � � , . � . � � � � � , •a � � , � � �',, • :r,�:,��`i,;.`.`. �,-. • . � � - . . , � t<<1,y?�;�:i- .,4.�: •� ie ' � . . . ' , . ' . - ' � ', . ., , , }9 ,." , 1�,r'��'r,..` .M ' •. , , ' . • ' � ' • . . ' . > i�s. � �l ' ' ,' � , r � '� ,, ''P`' ;.ii'� � . ' ' ' , . , '. ,) , , . �' � ; , ' � � � . '. . � ; ' . . Ii • ' . . .. �,� , :i i �.. , , . � . .s' . ; ..':t� . , . , • . , a ��F ,ti' � w � .� , . , � . r , . , � ; ..�'S�. � , . � , ,` r , . � „ ..� � ��:::�..�.w.LS._......�._._... ... . ._' . ., . �,�. � . . � ., " ,« - , . , � . ', , ...: a � � .. . . . . _ . . . . ,- �- - - _ ... . , � ,.,..... ...... . _ ,...,... .. ._�..,�yx;..,r�-��zrs�u:ls�x.rri,. ts:yyr� °' . k.. � �"c:,._.s� l - .� ', . , . 1 . �� -` ""s:Si"'r�r�.t ,�� . l E�� �..'��.�. �«��": ' . . ,� . e � , � • • • ' +'�xl� �.�4.�i)'l�h;�-•��4�,: �'�� r1 ..'!IA'.� .��`�{Sr .'t.. .. '! ' . . ° •� ���;i�'�;,gi%:4r�r�'y'w'.::-��. -. � . ' ' i..7 ' . ��;F..C'<.3;:'."�?�iv�i�:�.. ;�.° . � ' . , � F_�.��,..^,��; . . 't:;,;� ,�..5.: �4 t'•�`;: '''� �' � y ` , � 1 ' � . � ' � � '+i �,�''rw� ��,b�.:ai�,��ii�#1:• J • � �` � ; ! ° �� � � � . SUMMARY S`I'ATIIU�LN'T . <�K. � � M ,;,.s,;':�b • �, � � . �-.': � � � •�.`�,.;�,�%>, ��}���, �. "�,'. . . . • �,�jE:`�s.�.i.x��tfys;��'�iay�x �,y �� r 'This Suruin Sxatement Is sub ec� i.a all re ets to mare com Iete informatioa ''"�'` �,�''"k'-� �Y ��`''4 ;? .� ; ,t}•^%� ; �. �'Y � � P '�`'�"f'�r.�•_,-'"n����-,...��r�, �"� �� ��' ''� �� -� and to the defintttons cantained or incotpora�ed in this Offic1al Statement. The offeriag ,�r�;`�'yK',;`=�,:;.�th'''�k; � � • ' �`' ' � � �° � ,� �, , af the 1991 Bonds to patentiai ,i�vestors 1s made only by means af tiiis entire Official ►.;r ��^� . :�-:��r ��.^�,� ��� ' V � ' ' � . ��.�� � �', -��� �;;w: ��'' Statemen�. No Erson is authorized to detach this Summa Statement from the Official '�%������'�w-:� '��Y� 3; � ��,'� P rY :�.: �• � 4. I' •n, •� ,, ^,� � .� ` � .. • . L:�il:�tia���1�Nh ��;�.. T.� � -. �.� �< �� � . •. `, � , . Statement or utherwise to use it without this entire Offtcial Statement. s. , ��;,;>-�. �>�;�txr� ,� .r; .!'r � y�..�r, ; \ �j�.X �1�, . �. - ��'��.�,.;. • � ,. �=,�sJ"�?•.�3, i,��.-7.if'�,�{�wr ' ' �'rn'.r.�}a'LY: � � �'- :� � �� P[�pa�e uf t� 199I Ha�cis The 1991 Bonds are taeing i�ued (i} to provide funds for -�_�'.; �"��ih4+��+'�� � ; ':��' ' J.: „ � � I � . . 4 �: y�i�F3:����� W c��� �''. the �dvance refundtng of �he City s Quts�nding Gas System Re�venue Bands, 5eries 19$3 �.. �,��,:��;1�,. �., '- in the original principal amount of $7,100,00D, of which $6�71Q,(3QD in principal amovnt 3s -�;�:��zn; �t�� ���;� , '` °'�,'�`<< 'r�: ;�,.:.:' ,.. ct�rrentIy outstanding, and fii} tio pay ce[�ain costs of Issuxnce of the 1s91 Hoz�ds. �;.,.:e ;A,��a���� �� ' �i• .$ .f� ;� . � TI i�'�T,1��� t ' ��. '' i' " 3 ` �. ?:±;�iyt � �y{'.� +'a `,sw S. �' 'I�' ' � � �•�'�. ��.fi�'�� \ �:' ; ,.'<<;�;��'� ' EY' :.�.:z;;.' ;•� -'� S�lty far thc 199I Bands The payment of the principal of and the interest on �`y}.,s���.'"��R.����i,F�;s� � ;>.�, ��� ` the i9g1 Bands is secured equally and ratably by an �.rrevocable llen on the Net Revenues -i� -.��i �.'�s. •3��� ,� , , ' '. . f � , , : • . �, � '����� ` l� ,�},'�,' ,� r ':r.'�:�'��:�f?'., �` ` _ .'�;'' ':i{,'�� �t... ? ;.,. '::,::',;, `,:_,.�:. ,:.-.-�.:.::�:':.����'��� '..: of the System prior arici svperior ta all other liens or encumbrances on #he Net ,.���.��, .�� :r .�,� ��x ��a��� � ��+ ����� --ti�� `- -�� :� '� ;�� ; Revenues. The Net Revenues are the Gross Revenues of the System, l�ss Costs of . :;�:t;;µ� �r�'P"���`�,��; '`��,;; `:;'w';'� � Operation and Maintenance, Grass Revenues include all money received from rates, ����;�;�i��t`�'�?`����r���� �:'. '` '�s°,�..:::;�, #ees rentaLs or other char�yes or inedme derived from the Inves�inent of funds u�zless �;:ir"' �i�r�`;� �'A'�E , S. .. .. f 6 f '-';+� vt�fii'�1 °ii, ��IJ�'Y� ' . � ' s';'.r'. ., . . t.�_; �;s�; �,�' � �'�� �, :,,; ��'���'°,�:-;,o=��_,;� ::,..;: �-��.� � otherwis� provlded in the Orc�i�ance, by the City or accruing to lt in �he operation of the �:���;.��t�a, �;�:� �c�� �;: �: ;;• �Y ' 'l; `. f'� '1. '+5' SySLLm. The Costs of Operation and Matntenance of the System inclurie all current �x:;' i#t.r��� R,a;���,� �_ �:�;�•r.�.';i:, , � ..-�„4�• ir s '�.{�:.rc ,�,;: ;;;.�y . exp�nses, paid or accrued, far the operation, maintet�nce and repair of a!1 #acilities of ''; <<'���L;.`�;�;��'��,�,��k,� `.f';y'�, `���'.', '�' � the System, as calculated in accordance with sound accounting practice� and include `„•:y•�,''wr�;���a �t��;. 1.r , •.t. �w' ��; .';•; ' . .. y � .` .' �p�;r����.�i,'{��:�'� i�� �- �� '''��;�;:�'; �,,:;.. witnout llmiring the generality of the #oregaing, ins�rance premiums, adnainistrative -;;s�,a;k��'�p�c�:��k��i �:� '� �.`: ;,: .:,':: ,: ':"'_ ''.;,; °:�:; .�',:; `- , ~� expenses of the City related solely ta the System, labor, costs of materials asid supplies > rj ����; ��•" �~�,a����,�� :.: � .,:,,' ��'�' �,. ,•.•,.e t ;,;. ; ��;. : ... .• . •: . ��,�.� � '=�j�` = �� � �� _ ^� - ' � � � . used far current operation, and charges for the accumulation af appropriate reserves for � :;� :<<��r �� :-��'�-�~'£'.• . . ,<,��».. � , ' `" � '� "�.fi :: •",;i �':;:; .? 7. . , _,�' `�.. : , �ll;�::3 y#� ������„}; �. "i'�� `.Y : ��T: 1. :�: .) current expenses not annually recvrrent but whIch are such as �.�ay reasonabiy be _; �� t, �:..;. �� � f. s: r � ;:;;` �:�;';;: :'� '�::',; '-•, V.,• expected to be incurred in accordance wfth souad accounting practice, hnt excluding any ,'��'�;� ;�':��'+ :'''� £��;,�}��; ,7• � '• _ '�� ' . .. �1�' �� � ,{Y�',•� . �.=" �: �}'i;'l�.fr:t'•�-;1��, :- :�`;;y :f: =�ti���'� �,'�,�ti���:�' .;,.; ,: reser�e for renewaLs ar re lacements for e�ctraordina re irs or any allowance for �t „� t�- � �"�. �i. ;4`� ..,�.' :'� P . rY Aa �;r�i.;,:,:��;,.,.t���.�7� `.'��,,,�; �;�•�.. deprectation. The 1991 BondS are fwrther secvred by a prior lfen and pledge on the N����� :`:7r�5':1��,'.;:��;. _,r" �;; = ;,:: �. . °�ti �::° :�� � ;;..-�- �, .3 , -��r1.; ��;,�r,.. s� �. :�,•,. t�'�-��h. �^'s :,� :; �' i{ monies and investmenks depasited In the Funds and Ac:coiuits established by the 's ;,..h.�;�=.,�:: };�s.�;', ,~� � "�t t � . ' �+ji! ,.jn� � � i � , 7 f '��'!;{ `.: • �'�°��.4'��7! ti�,.�ays. ,, : i7 i z t..�, �,-. °'i,��•-:`�� i.�•„ �,�:i� �,�,. _ Orciinance except #nr manies and inves�ments deposited in the Operation and ;,�� :��, �, .,:k�� +:��:. ' .,.s; 4.� .. �i� f �, �.�n .5 �'�;; ��:,.�� `.. ': i-x �,:E, �: ����. ' ,� ;,r�'''�,,,".. Maintenance Fund. . �.zj: �;.�.� � =,;,�,,.,{+ y�`�-f� �,tY~,-.,R c.4 �x:: .:.�i'^;.::':'� °,�."t�-'��,.y��:,,i�.:'`,'�t, t'°;1 ,'r. :i4�. _i't r,r,�it"'f �',` :. _.; r � r '....t'}3�;..: ;�, rJ � �".'r'�-`r '.ri.�; ., r'. � 1 �.: ,�t ;, .. �. } F �'.•s�}W4}�y��� �` .i.%,-r� _'`�±.�.i„`,ii"•sl :�? �'f�''}`.#,' : . ,^•',� 'ti,i;'� �t�.'4�:4 i..;r;r.r;'rt . ;. �, k- ;., :::��' �-.,� ,3,.�.,,��. �. _ •;s>;.� ��,}':��•:;� The 1991 Bonds wi.11 aot canstttute a debt o# the City or a ple�ge of tts �alth and ?�., ;:� �,; �..�,-�;>b�� � ... .,7�:1' ,. °°. )�:. '," . . 4, .r : �,, : :.�: s� `'='c��-;��.__:�='.�,,r:;;�'`���` `�'�`,.'` _-'t°:;;.�';; credlt within the meaaing oi any canstittrttonal or statutory provision or llmi. '��zr.�:;;s��<��k��"'y , } �s :,;, ._�,; j _,�.. �: ;; ..., �� tatiou. Nor ':''t'. ..:r,:�r<.:�,,. � �r� - .; �� :�`>` _. : <. :.. ..= ' � ` -::�J.€�as'•. ;,:; ������.• �'� ���: l'� :... :�'��;� will the 1991 Bonds constitute a Iien u n th S t m -�`:"� :; : �• �; .;�� r z .f�., �,;s' �-,. :::. n, ,�;� po e ys e, or any part ihereaf, ox on any �;_ _,�.,�T. t �. �`,,. � ;�;;1` �, eq'h= ..•:�'�.lf��V+i �J�F; f:•�: .' , r, �,:. :�A'��'�aS j 1! �..`ir- rr.{„ �t,;�: �;'�,���'..��. .��;....;.; s:� other property of th� City� otlier ti�an the Net Revenues In the manner pronided in the °,� =�.;�,.;;.�€•�; ��h�( �;;' ,,. f� �� �� ' iT:;..,. .. �-�`�' a'• :�� .. �, ', �,r;� .efi � ti 7,� '6`i"�' r:T;+-!�7 * �'-,,€ �i{�.Tl$iZC� ! ;..� M�� t�#r'i � ;,.. �,?,t ,�r'�: i ar� �,� y'�� ,�r;r.t���::`:,"; .. � r-.'aa i,.,i fv 3:�AR��;! t_�k . .�F�4, �•* \:.-� i r � � .. F • " f�' 'x"F i ti�},�,,,]]� �i�'{�-t� _:�": ir�, j��'��i7,�si'�'�,yi��l;'�'�7.}eyti i��t��tr�5��������,�i�S . �4 i�FF�`�;��f�y����W, q'�t���r + ��.; �' � �1�"� �����, t`�''�y • �'!`�"t�'i'�.�``-k�:�'S."`�•'%'� "'f Hmd t t :+�:�--#�1''���y �` 1�,,t�.�� � �• .�� � ,i ��1a' ,7F ��Y�x Fr�,tp,. �.�:.�� E �dimiCi��l �e. AM�3AC Indemnity CorPoration {' AMBAC Indemnl ) �.-:: r- y�r.�� � �s��t"�•s,�� ��'�1�,�� �i���,�� Y.�{� i .»�•Ya�'���'=�.°J<1�Yrw;+:���'. TT � - y��rr i''a � '�?7�'p.i ��;�;,�����;•A:#. ��� .�� �-�-+..�y, :: ;�f� ;.� has issued a Cammttment #ar Municipat Bond Is�surance (the Commitment for Municipal >°j �.r�:=��'��:��� -��� ��s ; : �"'.��,�..,;:. �e;: ;r:l� .�e. _ c�, �t ���w.�+ ,* '�r�;�a,�c,���?,�- Hand Insnrance") to issue a bopd iiasurance policy {the "Muuictpal Hond Insurance Pollcy") -��-��:Fi` �' L� �i� 't�`�'�" ��' .. '��•':� �^- ��±� -�-�r..� rela to the 199Z Honds effective ss aF the date af issuance of th 1 1 n . p`f �� 1� � , t . � , .r ��. ��. ,,,�;.,�, � t� e 99 Bo ds. Und�r , it�;�:-,,� � '� ',� ��,��� .'���i'-�R','�'";� the terms of the Munlctpai Band Insurance Poli ANIDAC Ind�mni r wllI �`�;��:� �. ;�� � � �.��`;�;�5�,� �, �r:,, �Y. �'S 8�uarantee the u.,�. ,� � `; �'� paynnent ot the princi�aai of and interest an the 1991 Bonds when due tn the aatent that '� � �,, rn+... a�.. � , - �,��� . ;' � �•'; �ilF�[�t.-,7.f�.`�i� ,�-a,y'i� � � � ro �� °�. ;�-r•.°,��Y �~� sufflcient funds for such Qaym�nt have not been provided. The te�ct of the Mun�cipal ���•'�� • �� '� :` , �w������„�" Band Insurance Policy is set forth in Appendi�c C. The insurance wiA eatend iar the term �_�,� • R . �,:;�;' �Y of the 1�91 Bonds and once fssued. cannot be cancel[ed b y AMBAC Indemni t y. �_�� �.'� - -Iv- .. _ . .. -� � t ��r•. ' F t, i � . y 5 :' � x. � ���., f' �� .YI �3 i: � . �� ��` ; �i � �,t � � �!` i� _ .,� v� �• ��� :� �� i �'�: � { �� �.t•.h QY'�. �i �c� r '� �� �v. '� ;':}. L .J � s �e,�fa,+r'•�f,:t�s_*..�F, ,,: ... . > � , . • � � , -. - ..Y .^. , �1.;9'!.�frf�fn.::T'�i�{�ty-��1 �l�ye/,t'�'M��xIM�i�q��+�;( �+,r��V ' ;, �� -.f ,;,';' ' . -' ' � ,� �',. :i, ^�j `n.Y.`�� �.s�l�,��'� y .o '� ��'1� i'f�`�.�K.h � . 1 ( )��' � .��. F �T�����` y y��,�t�:��!"���tl: ' �r. � � . �i � , > . ' • . : � .�.: ,i?. �`� F�r � } ��{'47�:&�i'ti ^��.n {�'"V,�i�.?:t':�:��t:. •�.'f .' � } F .� ' ' ' ✓ ���'�iR.,!�p�.�F3�`����""' � t I I �� , �' �3+.►YS t`.,_ :f'� � , . . . . � , " � , . i-";-:' fr� ;�ir� u k'� ,� .1 L}� ri1 � �.:1. ti. .r ;..,,...r ��' 'i. �';i:tj.� '�I'>.�. �� � t+�.[i'� i � -Y� �� +�' `,� � . ' �rie�ti'ti-..�'..,.':.�� rs{.� }iF�5 ��/.�.�.ys:/, 's, ���. 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(�` ( , . . • ' , . � ' . � . � , � . � ,1 . °"� �t:,. <� '� � '•t�ir���'i. :et.V 15 �� . _ . . . , . . . . �' N'x-r, ���•�; 3:�'�..�. -r}� . "�' .� . , � • i'.. . .+ •,1, `.`�0.�, .'�.,5, .. '.F'� , . a1' • . . , , �a � .`f a..7 �,,; (' ..�.7, '15'�4,,� � �f. . • . . . . . �' �3:�'i�,r'"1' i'�<S:�Ytd�' � - ' - �. . � � � � ' � � . '. y , ; .`5`'t:i'rT`r;,��y��� �� '�,;: , l ' � � '� . :� . ? ' �•' �,�y�% ��k.; �,' 4 y � '. ' � ' ' . �. ' , � ' �,i'' i.,. ;,t: ,5;.,. , „ �F�� ,'t" '.�.�.' • ' ' ( . . . ' ' . . , ' . ' . . , � '.i' �,t^; `,q; , . � . � ��s7 �1i,�Tf'r . '!. � . .� � � ' � • . , � ' . � ' � ' ' . .. � � . 1�.. : , ,^t�" ; , .��:c}1 ,',...�,•. ' . , � ' . ' • . .. .. , ' • .� • `` • � . ' ` ; , . • • ' �•' � ' . �: , . . � h , . . ' '.� ` �5i• 1s � *'_'��: ` . . . ;. ; Y,..�. - ` ° • ``1:. , _ . i.• �: � ; � � � --f- . � � ' . � .. .. ..�...._... __�_._....,_... __ .. .. ... ......�_ .. _ _ . - ...: _._._..� ::�;'• :.; _'"•�-i°'..;E.:ti`.•c',�� ;�s.. � i:,`,.:.; : �I. . �r;. ,��^,. , i � i .- �a: i . s. `': �.:.,"i:d«.4h �S ' r•. ' '�r . . - i {��•�� "�'$�.�ix' .X::.l .I.t4...�i���. . . � ( i _ e � l H�Y ����� ' � � . ' � � ��S.i 7 i � �F1'�:�:;CJ I �M'rYi '.f. . , . �I .. ' ', ' . . ' � �.,�3g'�:��`Fa�•j� f .'F ,; , � ' �r y . , . t � .1,� �: j'S,��u. i '�7' ��4.. . � • . , .. ' , � � � .,.Vf Y �-��r 3r4� 'r' : � � .:',�1",TIi - . � �' �k'� 7� ;�;`', �!/��4i i� ,::;i' �:,'- , , , r:�:, � i:� ��=� "�- '-'� t, ,� j Pro Forma Conera�e of Maximum Annuai Debt Sernice by Net Revenues ' `��f `°s���'�`���a�; .• .f,' i!1 �' , ��.��� ,�,,,, `1�.L�F.��'��r •/,1'�� � " ` ��. ` ` . Andited ; �,";�>,,,��iR •; � ,;';.: ; .,; 'i,�rT;yr �``�_ �t5:' .'{:�,:jr=,; ' ,;, �''. . �� Year 198$ 1989 i93D " ;c��t'��:��r F'�a ,�,s'• ,�, .' �.' � '�L^��3r 4�� tt'�� � ' �' � `''� �.i•-,,1.:.�,.�.' ���;i5"+}-'.��`ti3`t, �;:. ;�;.: '•;;� ;�,� �� �, � . Net Revenues 2i158�510 1�901�892 2�122�1.r-i2 � �`,� �; ,r; ;.T. ?r-''�k� ' F��%� ��; .f'.• . {�.." t., 'f �,�`� '°} 7a k n il�.. �',� '�; : ;, : � �:,� .;� F� Coverage of Maximum ��=�4:'r;��{ ti��: �� _�? �-•� ,�, Debt 5ervice on �991 :r�'�`{���� Y���,} ,.`, 1� `':`� �� �. �•° F. v � j ir.'�!ti �•� - � ',''; :_ .,: ; =, _ :,,,. y� . Bonds f$721,718) 2.99x 2.63x 2.94x •� _;�'',� ` ,... r, ,;.. ;��.. ;-,�: . �•��,`F,� �� •�: �. �� � -,•�;,;. ; ,�,,�. ' ��,� ,tr,.�r>.?�~ _ ; i•. " ;';, �, : . : � �; . '' =r�`�;,C�i� �'-�s: �. ,-`�', �.,� ;,; :�:�, �:;-�.�;�:�; ;�-, Rate Coveaan� 'The City has cavena.nted that it will fix, establlsh, revise from f;6.. �'.� ° .f :;�: �; , �"a�, � :: � •; i;�.,, � ,'.,,:. . p, :'��'" �,�:" : e� La;,�,�.: :�..': `'{ r�� :� �ime to tfine whenever necessary, maiutain and callect aIways, such fees, rates, rentaLs `{�"`:?�';';�'� ;{� '��. .,� : ��i�`r:•'��'� ''t'�••.�:,-.,,_'':,.'... :w �i' ,�� �. f��' ��; �, � ;, � and other charges for the use of the product, services and facllitdes Qf the System whlch ,: {L.•'�k �:f. �� �,,.. '` �'E':�.��.! :.; `�.:. will alwa mvide Gross Revenues in each ear sv#Ficient to and �� �• `�"�� ;;`� ��:,-�'. ��:_ . �' ; YS P Y P$Y+ aut of suc3� fund5 y�>'- r� a:�- ;��. ,` :'�'c��: �' .,:�;:�;•t'��`� ,'�• . ' PaY� 100� of all Cosks af Operation and Malntenance of the 5ystem in svch year and all �" i, "' �.s� f"° il '1..i-..�;,•}�• ,�l:.t� K•. �i ..'�����.. .�`�, '�t s���� �:- �.-'y -{;� -r..' •:::'���: ` reserve and other payments pro ided f r 5� of the Bond Service �.°j; . _ :-:;': : ,t��. - ., .�� v o � the Ordinarace aad l2 � . •lv�� �`f": •S•f.�,S�. j� j _i=,i,1V���'� 5�• °r��.)��� .�V,'" •.�1�:�` `K -,{� ��.°.�:,.'':•� ..{:�':.;. Requirement due in s�ch year on all autstand�.ng I99f Bonds. f•���;x,;.� • . �' i , r 4 �` r• "•d�.xik �� 'r:' ..•.';i { ' � j1>_�.:�, 'i..' � �.1� ; :3�I=:'i'.:`�:;'��:'�..i,:., ; yFE., 4�y��� ; : ,r:;� .::,:� ��,. ;',�� '`:t,�`.�_ : , � ' �, A�itional Parity Obi�t�pns. Addi�ional Purity Ob1lgations may be isstied prnvided ��,.��'���`�� '��� zi. , M•<<": ;',' , ; �:—.e. ,r' ' '•i;' ; �' . `�, - '.3 that Nct Revenues etther dur 'F .''�" `'•';A rs��., '°,� .;= :;� ..: ;�;, Ing the i�minediatety preceding Fiscal Year, durin an �,�•,�•-�;�:�r,;.,. =f:":Y�:;:�-:�.. r,�. �. "J.��'',IL'(.^: . g Y ..;.� t•..�<<,,i .;.A.�;,:, <<�:.•;; ';�=�r::i-.�; ;�.�-:�; �_:__- ra��,:� tweYne (12} consecutive ralen�a�r �nonths of the eightee� {28) calendar manths �:.h';;;�� ��. ��. ��¢�%':",s' ''�,: `•.._;,,:;:�:'� '�1;.� immedietely pr�cedIag ttte S�le O# the pcoposed Additionel Parity Oblfgations, or during '�'��`�"��a'�r� ''� '���""`'��''� ` the last twelve (12 month periqd for which the City has audit F � �" ;;:,�;�w .-;_:: -�. '.'a��'�` ;r�;,:.�.���: �.��'7� ? ed inanclal Statemenfs €or �;;�FR=;+��:x:=� 't;�;��. :`'`r"• �t�:;�<% _;.`� �.°" the System., at the aption af the City, shall have tse�n not less than 125� ai the ���"ti����';s�� � ��.V ::F.'';'. 1 .1'-: .i'� . . , ;:`-::,'': '•'�;-..: f `���.`, 5�r,��::�'�:;,c'��? 'a :`:� .. • Maximum Bond Sernice Requirement which will become ciu y Y �, =p:��;;� ;�Y«` �,;; � y ; %.,.:;�-.�=�r:,:: �', e i� an calen�r �ar � � �,,��,� ,r,�>�t�.° '`-� :,,';::� :;�°.;.,`,'`:.�'r: �ereafter on (1) the �991 Bonds then ontstandin 2 an Addi i ':: ` �-+-,� ��.,�: : ; .�s'. ,.�'�, , , , ; �,: � B, ( ) y t onal Parity Obligatlons . �`�r.;,,��. �°:K �'�:z;�;� ;;��yR4:`;�":�:;;: •r ',,;;` ,,�,-,-`.�; . issued and then au�.standing and (3) the AdditionaI Parity Obllgations then proposeci to be ,:;;s-�'��;�;� �;' :,� _;�.,,,:<�� � � :'�T, �,, � 1: : , ,' iss�ed. Such N�t Revenue f r ��: �r �;;;:�`;`s°;;�= ,;,:,, ;l,F,`:- �' .`�°y,;:=, .;�''� F�� k S� o this purpose, may be adjusted by the Consulting EngI�eer �{�;�•".����5�,,��;; =:,; ;.;:�.,r.�;� °�t,,., _�;:;:;;�,� .;,��:',�;�: to refl�ct rate changes and/pr acquisitions to the System, as provided in the OrdInance. ��f-�`°�s��rr,;�; r'. ';r''>t;�,,;:,:::c�,%''���;; .+,-��:r'"' , �';:�,� ';�f r'n I,.�, ^�,Y�;'��'�i =�,edi"�" Y�'y�'f�k�f%t?' `,�'�:.•; ?j"',!s�:';'* =,. ;�:��r,= .,� r-�,�a° �`:;��-= ���:. °. The Ctty af Clearwater The City of Clearwater th ;i;:.,r';�,.:' ���r,• s �:�:�r �a�F �' f=:�-:,�,'r �?':;�> �. • , e c�unty seat of Pinellas � .� ..;; ?`Q�,�:�;b;..�;,, ��'`�`-3'� �';i,: ;`;-az,� ..:�•:�.:f County, is lc�cated in the middle Qf the west coast of Florida on the Gulf of Me�cico, 22 C`. ;'�°�;E� .'�r ;� '�'!'a•," �x��','. f�.'; � ���<�;�L;:;�F�'3;��������a� �::'-`� .,�%�`.; .' miles west of Tampa. The 1989 popu2ation of t�e City was esttmated at 1026Q0. The ',`=t��` ;K k ..�.). �;�=1. � ..�.ti: x�i. � 4• ' � �+-'r'~�'•k -3uyx !fiY�� !f,.. �� F�. ir t%�t,4�;�•c I}.:� � c;�,:.i�.• �s;'s,��S;t,:�.�;-��'»,�;���. ^�r=�� a= ',j�, O �l� i13�I111�$CtlLil!! OIIT IIl f.�r`�='*'..,4"� i„� '��" ^�M y,'� � '`;' economy of the City is ba.sed primarily n lig B, t Ls and relsted `` ,;;;�:,,�; �,_,, .�;��..,,_, � k: .��_�:r �;`:: . , :,� �:,�_:•� �:���''�� .;�' . � •, :;��:, ;; .+:; ��.. services, �y �<��, .•�s"�� -' v4w�i, i.� � , �{'7��iu:Ai%';.Z...•. . �.f ^ k • '• 1]Y � F^ 7!'i 1 'r'r:'.:��%,1�:;«;�,i. ��� I...� . }i !.. ,1 }. " 1�'' S�. 'i�'-tS�{.�. rN- 5.� {'= � � Z F..:':,'.. ., s, � t ',.'� �:t.e*� , 'j�:;�., Y�°'�'s. 4�t �l� �Tfl:} `�SE� �z�Y:.;�Nl.;�,' ;:� t.ty�t��� �r� �-.,;y,F�,i=i�#��%sry,�`,j'*�;��+, z,. ..�;,'i.'.�. �„ �j � �S.ti �` � . .._;^:i�c��t''i��h�S-i_�`�,.Yr.���•��::�:f.'�::a`•, ';tl ��.;,'.::"�`r}�::it �Based on sn a5sumed average �nterest �ra�e ot approximstely fi.75� . -v- L` � � ., � �s„ • `.;``},�'�`� . ,I��.Y ��d_' � m � � � s . F � � � . � „R,., o- . , � .�P:. ,, .nr� . � . �- �,r,►rfynw.�T+�ht= �s,.?aP.*y.,.x4s .. �p.p b ; • ��1 :i .. t�" .- , , ' � � . . . . , . ..r , . a � . . .S , r � . � ' � , '' , . 1,1 . s - . ' ,; i .., •. . 1 ' '.�'«,: '•. '� , ., .r.•;.7;� �' w'..� ry' 'Y°�;,�, ..-r':4c. • . . , . ' � � . 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' ' • ' ' . � . , ��i.'i�:4� ;.:�y , . � _�, � � , . { '-- , •'�:� • .:� �', .� , � . ' , . r' ; t' „�. �. i., .. . � � • , . . a�' , :: �w .is: <. . , , - �', � s . �' �',:;' " ' � ; ' � . . • . ' . , � - •?i .�.� [j{ ' . L:L�:�u.t��.::a,us..�+�......,..t,......t...... �..'.«. ,... w.._,...,....�.t..._...s.�..� ..-.+,. ,._ .- _ ..`.....-..aV..... �,.....� ....... .-.._�. _,..._. ,,....,..•..�n:+p..rr:.'=��i�,""".�,. �� ��•' , I.G� ; ���� `. . � '�. ', t,f�;V �' 1 � �. T .. �! " . � . :v. _ . �: " •,' ..�'. :,��f , ' ' �., , . ' . ��ie?-t: �f;f.i�t'` �. • , � ..,. :'e 1. . « J' . � �,,,� �_, `. ;, ,. . �; ,. . ;y., �#:;;.,: :r". .'. s;;'. ,1 . � , ' . . �;; ��': � �� ' _ 'Ar:� ,' '� ' ' � ' : � : OFFICIAL SI'AT�4�1TT k: �K�1�. , e �`' . '.� F,�', �' . , � 1 �/��vMv .1 j�'1,I' +: 1 � f]+. � '�. .' ��:'�l �' �. J� •.',- . : . ; : ` . h� � � � . C1TY OF CLEP,RWATER, F LORIDA , n.. �� `;'.; `=";,'', 4,.L �,.,. ,, GAS SY�TEM REVENUE BOND6, S�RILS 159I ; ti y �.�,.' �• z i:; ,, : �i-'�i��f';•.�4r,•���i �rY,� r''r rj. S` 1 "����': �h~ :.I�r`�+ �,�_i .Ir..r,4:~*l.i�, 'N��,'`F, �RQ�UL1101�/ �. siY'1.... �: �:..,i��:._�.E s.,�-.��',�' �1. �j���2 "• '>. .�:,��:.n NE�,.]l'�� n'.: � @". '.. ^., w'� i:.15A � _; .•_•t�. %Ai•'��'' Jf.,',,'� t7'�'t:` :r,l t.,: ryry, �.� y��i-� ,,; :, w:�r�.:<�, l:r<': ',� •. • ille Purpose of �his OfficIa3 Statement, including fhe cover page, summary •'s_ -:s;t,! �:, f� ...>. ➢'...'. . !i`:,'. ;, :�z;:;,.�.:' :,�; :",',;t��:,:� <=3: .>::._: ,;.:�;�t "� statemeat and appendic�s, is ta provide�nformation concerning the Ctty of C�eazwater, ., ..a..,t'.r. . � . 5'y•L''��'�ir'��''3'•��'S`�; . ,�"' �- Florida (the "City") and the $7,435,000 Gas System Revenue Honds, Serles 1991 {the � . !': _:j`i }r;F .`.: ' �ix; _- � � '.. -:s: °�r� �.�4`.. �: n 1991 BoAdS"� :i' � �:;ti.��,r:' �,�� .-.,;�� . • ��p-'�t�. ',�[jry:i.'�. '�.' �` �.�'�:'��: � ' IL�.9,f'1°:+�� �. ".: �. �`:� ! if ��."�,�,i«;.�,+.t� t�.'.�.� �t' `C'"'' '`- ".4 '�'`� �;t.= �; ° 4� '. . Def3niiioms a# certaln words and terms having Ini�ial capitals used herein and in �he ;'�':,'' �= �•,+;:r��.• , : �x .,;. , . '' �;t° ��:��� ''' `'l•;:� `•;`i Ordinance are contained in �he Ordinance in Appendtx B hereto. :.',�' ��:'::,,=!:i;'::;.;2.i,Fy.:'-':"`,�; c . Is' . ; :; �,; ; �',;"„'; V;' .,. ;��,::�; ''.. �y� `:;�,���'� . k;F::`;.s ., � : The Xeferences, excerpYs and summaries of all documents referred to herein da not t� -:. .,�,,t �;3. ,,`',�r�, : `�"=5. '•s; °''; ::;,>'•' '�'', parpart to be camplete sffi�ements af the pravisions of sucl� documents, and r�F�r�nce is - �;� :'t.. ?�i.� � :z,�:..:• �,,'�:.. zr�`, �,..;,.. .,`;�;` -.:•�. �-;. .;'`.s`��< �. dlrectEd to all s�ch documents for full and c:ompiete s#�tements of all matters of fact '� ';� '-' `;� `�� `,: =;:: �.��;..::�'':A�:; `�::;��:': {;'_; relatiug to the 1991 Hands, the secwrity far tihe payment of k�ie 1991 Bonds, and the ��s';`;';.,$�,°�_�;.t';�,•-;'`;�.;��;;,�;° �,�;�; .�,e��, -`�`::� ��:�� rights and obllgations of ho2ders thereaf. . � � � 1 ��.. .1 ' �4�.ti . �' }Sa e,, � " � � : � i L i' .:� .,.5.;.� �'ii?"..'��'.�?Si' . iy�.:,1 � '�.., �r.,, U,�.;S ;'�rt'. �4a:�: ., :`= ~:!�;. "�-': -:: . r�i�i ,,:.; �.�:�-��� :-: ' The informatIon containet3 in thls Official 5tatemeat involving matters of opinion ?� r'"'�",i:.'.',°'�.i�:�':r; A•'-iKy.:�`; ,;.�" � . ;;,;;�';s`;.v.,;.J;,�;,:s.;:iu�-,�';;�`;;.;:;.::':,i�',;-'`' or oi estImates, whether or not so expres.sly stated, are set forth as sach and nat as '�l� �•r� `;.j� '. `' :'f jfd �'r+�'�� �°;a �� ��•;? ���� �''= represen�ations of fact, and no representa�ion is made that any of the estimates will be SF-r,..�.,1�'.e,�`'q. �.� .4.��,,..{z. �}i,';•: ,,�' '• ,: ,.<.Sp;, ••,,,:',�;�_; � r�, „`, ~'• ,� realized. Neither this O�ficia! Statement nar any statement which may have b�en made . _��;�.,�, r. ,< , �; F,:r`.:ts:���i;.�= ' t . .' ' F ,� �•'�R �•. .. , �' G''�`u::'�'�'? �R:�;����`� `�'.`::�.��+':, ;f::•.:� :: ,' verbal[y or in writing Ls to be construed as a contract with the holders of the 2991 ' :�'`.'t''3=,w4 .�. i -.;1.;� .:,?;�r:9 ;� � �C.,t ''.H4_�{ -i4"'J� .7'.'.'4:''ai�;,+ rn.,' , i' HO C�S. ' 3•�t'�;f.. ' 1� �.'� .i 3�t.._:" A..�1; � .� xf. `��..r.r:.,Y��'{���'1 t ..[;t,i ` •��'S'_=;•: C� i:��3r+ s':� �l !�iu'yY,:�?"rY�: ,:.'�.- ° r .,.._ .a :ti ,� ;, ,, .., r;. •,;.:;,� =:,..,. �:..'; AL7THORITY FOR SSCTANCE .4.%'':Cl�;c:�j �'t.ril,j„[-� . _ .' �'�`��.� ':,,:;� 'a`� ��'.1 fl':w',' +' 't' �'�4"r�'• •' �.:o�f� et'!`�r.. -:.tf �i';_�.-`._E ....,.. _ ._. . .....i!• `�;��`=� The Bands are being issued ptusuant ta the Constitution and Statutes of the State of ;�'� f;:w Florida, including partfculazly Chapter 166, Ftarida Statutes, and other appllcable �'`�'�z �' provisions af Law aud Ordinance No. 5118-9I, to i�e 'enacted by the City on Augt�s� 15, '��•;��t I9S1 as su lemented the "Ordinance" �.�:.:, . � PP ( ). PURP06E OF 'i�� 199Y S4I►1�6 '�e Kefmiding Pi�n. The City will ase part af the proceeds �of th� 1991 Ba�ds to refund its $7,1p0,QOD Gas System Revenue Bonds, Seri�S 1983, $8,7f0,000 nf which are cur;rentip outstanding (the "1983 Bond�'). After Faging aertatxt cx�sts of issuing the 1�91 Honds, the Cltq wIll deposit a portian of the 1991 Band proceeds, with FIrst Un[nn Natio�al Bank af Floricia as escrow agent (the "Escrow Agen�"} �ursuaut to an Escraw Ueposi� A�reement {the "Escrow Deposit Agreement"}. The Escraw Deposit rlgr�ement requires that the Escrow Agent use the amaunts escrowed thereund�r to ptirchase Federal Securities. Federal Securities are direct abligation� of #he LTnited, States of Amerlca and obiigattons the princigal of and interest an which are Yully guaranteed by ' Preliminary, subJect to chauge. -1- � ..�,n,..��,r+.n=..,,..+..�+s� � ,'�� : ,'.'� �f:��'���>� �4 . ��4ili�ii�'�,.�,`a�il't�fe�ii='r.C�t1"r ,:i� �' . �_ ! 4� '.'^'.i��.` .;;���,�..•.. .:._'',), �,,;� � ..f•��5�', �,`��.�Yar�'. �1�, e� �N,,,i,. as�,L'y����'�. 5{� I.`�F�,�I.,xj. ,'�. 4 , . . . �5+��'�'f� .�`•'���.r� . , r , •... •�'': .. . � . . , '�' }�.�N�. . 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' . i � ' , ' , ,r • ' _ . � ' '�7'�r.•'t� ,`, �'���. . � ' . • ♦ � , . I � ' ,� � l,.' ...1 �,41'•,1�`�4 , p!�' �� .� � •; � . . � . � ' �_ i• �'.l"'^��1 , J. � � . ... � . . . :.i.C1: . � � . e � . � . .a . , . . . . . . � .. . . . � . �L`'. . '.i �� f''� . , : .. . . , . . . . . � '�"•� 3^...�'� �.r�f � � . r . , • j: . .� �,. f':, .''; i ' w�'%+;:' f'S+ t, �� r. . . ' ' � -. .. .. ' ..� _...-....-.—......��.,......._...�."_.�.... .. .. .. . - .�._.._.._..,......,�........«..r�.�.... - — y^'� �'� �1�,.J'p'�.�'"n � .�; i�� ^t��,s !�F ' " }: '1''�.'��d' ;�y'�� :4• ''.L' • Y ' �'. . . � ° t' ' � �� 4r�y •��"���h� 'ti,�;j_. .3�'. t��: '� . ��.. . . .. � 7��i1M1',Jw''r��;t�� ��.�• �5 AE}�.« '',`'.��•. "t,'�� . �`i� �{�y� � `}' ry.�? ' . • � �� y \ '"`�.�� �/ `�! ' ,t a . • . .. ; i . , S's�.ri {y�.i'm +!;�i:' _, . . � , �`u� t�r '�•a '`�' ��� '��'' the United 5tates of America and which obllgations are nat redeemable prior to their K' S ;������ °'� ��'� ��� " �, : maturity at the optian of the United States and interest on obligations af the Resolu�ton �F�`� _�'� `' � Y' '�` , � �� � , : , Fucading Corporation. ;?� .�,��" r.,�� : ,_r: , , � {����%�, .,�. -, s �'U; . •t ; T.�; � � ; , , , 4 �';c:;tk: j `; • �a `:i-.° „; �: ,. ,� In the opinion of Bond Counsei, the lien of the Ordinance pursuant to which the �:�� • �.�•;:;��� �• : . 1991 Bonds were issued will be released and dLscharged upan the Lsst�nce by the City af <'�} �. � ��. •,`` '`',° �'`_�' `.y'� the 199t Bonds the simultaneavs urchase of the Federal Securlties required purst�ant to i'��Y �?��',' � ,,:, ;�' � . P �1,�=�, "�.� , �� _: ': �- �. _ ��.�. the reiunding plan and ttte p ledging and s�tttng asifle pursuan� to the Esc�row Deposit ;,k�'� �'^� °����s :'�'' �, 'i�Y� ,�3�• Agreement flf such money and obllgat[ons for th� en f r I r m ''�� ��' ����:` ,, : :�,:�.;,� paym t o the p imc pal af� p emiu , -a. ���•�� H,� :=, ;�.� ti..�,,`;.=� "' ���" -} • � if any, and taterest on the 1�83 Bcynds, the expenses of the Paying Agent for the 1983 �,��r�'�`�`:;���:u � '',_ �„'�:t�'•r,.;�: �; � �,�:' ./'�.!' Hands and the costs of the �scrow Agea�. ���',� ���, .,�,e' ',.�,�',,�t-�,":'�,, ����� .,,�� .,`.1 �• �i *: ,;,t .� ,' � f ` Verificat�+on a� Ar�iti�metical Computatia¢�s. Upon c3eli�+ery of the 1991 Sonds, Ernst �'„� Y. ' ,.e.. � . . . � �t`t� ,z�°`�.;:;��:�:�;: i,:. ��;�'` ir �•�j'Y ��E"�Ry'''� Yowag will veri�y i�e accuracy af the arithmetical computation of the adequacy ai the '":��!•'� �' ^.• „�� '': matvrin.g principal amocu�t oi and interest on the Federa! Se i4ie y�,�., h 1 r�y� ''a� � ' `#?��;!�Y',f�'` '4,�. J�•,�,�; '� !,t,- � �.ij {�.� 4 J� �� FJG �. � ��P. 41{�r �t ;{ � `` '`o��=:}��� :.;:F:'��� :,� ",�;�;; ;� Escrow Deposlt Agreement to pay the principal, interest and redemption premlum on the .�us' �r�� ,� �;,��, ,.ry�,�: �.i,>���n�t{� �'°�:�'t;��'� ��.- .:,��-,? aggregate of $6,515,000 in grincipa! amount of 1983 Honds. �:�=�"y�*a�` ,^��� _ r . : .�l�t;,r��'!; •. '.,-',�.�t;;;:, " �rtx^.,s '�� :'�: ._;- -°:r":;�'•� :.�•'C. ,".s.•.,�i ) f'i:F�.�+ : � :j, �'f,`�':,,i:�%:;" c.':,N•,"f.i_:r; ..- ��t�,?; Zr�'r. �,!.:;,�'.�°,`' ``;.��:''�``� �>_ �'��'�';�� �;�' ; Tlie manies and Federal Securlttes held in ac r :�'�;-�'�� . .. : `: :. � : . ' •_; _ , , oo dance with the Escrow Deposit '����,�{ � ;:,�'; ;: ,�•, ." ..,�;�� <�� A eement all interest or other Incom� thereon and �n roceecl,s fron� the i�ion x,r, µ. �' =:��t � a�1;��;�;:>y� • • %' •i �4. •( �-. ' Sr � r Y P �5 ` (�'� " .7'���'^•:.�;,t:S'1:I;1.:� .:.�?ii;`.i. _ �1 1�eh� ,�. ;. �'f� ,-, , 3.`r;. �. ;:�� ..���� :� thereof will be usEd only to gay the 1983 Bonds and wlll na� be available #or paynaent af ,� ��i �� ;�' ::�. '='• - �' ,�;;.a�':E��� �``.�.;�'�; '.'� -=E; the debt service on the 1991 Bonds. ' 4�����'��. •': .<�.�:�:�`_',,;' �.�.. �;�`,a:; �"�` "�'�;� ' ..,�_'�,`�'. .,:� �i> ,,.`. �,�"f :siv r � ;1 r,;`���•'r e:iX ��.'�.':•r� r�7� fff1■ �I��}� ' � i`.�'+����' � t�.',y ti";1° i:i4 y �� �',_ :�.���1.. :,iti ..'. : 1 i"' 1.7.7i 11t/1��.�M7 ;':� �4 g� 1 Yt �e�.".,.• .. .. :.L:. .i4:e:.,. . r..rii.:�i`� ... . . . .. . w:!q r.`.l�r._ . =t�t`•7�•i" ;}-.�i�C •�;•��3{��.4. K:?,L�:�•Y�i:7,�YL'Sy .� . .+ �t"�%y^' � �?�2"� . sH,t' . :t�".i}'•t �..�.-;s, ' 'r,`HS;?�� :t;.�;;ir;t4�f,, : � .�'ss; �� t •r��.4 O.�a�� `� 1t`�`: .�s �.�' •.i�2 _�y:.,��_ p. $, }ry�, L:�r�s �.e I-�` :,.:. .^ �-•. . 4;,�Y. ,��li t:�,��i`±. ;�. � ;� ; -'f �. .�.„a ��fd�i;-� „�\,,�r� l'! ��'i' :I •�:°i. 't;i"�t`� fi �;: tz��:-:�;:x�:�'"�'...::',�:�:,, � :f'. li� `.i ': i)fAla � 1J111 r��;;q:.:;: �, try y System. DTC� New York, New York wlli act as securlties �`= �'f �r'��' depr�sitory for the 1991 Bonds. Upon the Issuance aP the 1991 Bonds, one fully registered ::��;Y� �'`� ;," ;.,�: :; ��- bond for each maturity wIll be regist�red in the name of Cede & Co., as nomi.aee for `�^�• ,�`. DTC. So long as CEde & Co. is the registered owner �f the 199 i Bonds, as nominee of '=�� '' �� DTC. references herein to the owners of the 19J� Bonds shall mean DTC or its nominee, . � �i : �, ' '�:'�;.'• °�'��: Cede & Co., aad shall not mean th� Beneficia! Owners (hereinafter defined1 of the 1991 �'`'��i''�:�' Bonds. DTC Is a llmiteci-pvrpose tn�st company organized under the laws of the State of ',y���;=';:r� � New York ,� " �,�,�,4{,�:t,;:`� � a me�ber of the Federal Reserve System, a clearing cnrporatiaa within the '.��;=�:�_ ��,; meaniag af the New York Uniiorin Cammercial Code, aad a"clearIt�g ag�ncy'" registereci �.::1=�.. �"-� :-, ��: gursuant to the pravisions of SecYion I7A of the Securities Exchange Act of i$34, as ��; �..�,..�.�f� amendetl. DTC was created to hold securities o# its participants (the DTC i+' ;. �:' �' � � �' fl '�==��' Par*.icipa.nt�' } and to #aciiitate the clearance a�d sett�ement af securities trar�sactlons ,J,,: :'r �; ;.; � '�r•..�i::��1.,". ,'3:�`�,,:,.'`:r,.� among DTC Particfpants in such securitles thtough electronic book-ent�y changes in ��C`�`:%' :'�'�� � accounts of the DTC Particlpants, thereby ellm�ting the need of physical movement of �'_''"#�``G`� securities certificates. I]TC Partic€ ,: r,i>:,.�'.s� ,� �an#s include securities brokers �.nd dealers, banks, ��:x'�; r�,{ �;�j,. trust oompantes, clearing corporations �nd certain other arganizatians, some of whom ����;� (andlor thelr representatives) own DTC. Access to the DTC system is also available to •� ��1�.��4;',�, others such as ba�ks, brakers, dealers and trust companies that clear through or mainta�n !t :� � �� ti`;r=r:�1� a custociial relations��ip with a DTC Pt�rticfpant. either directly or indirectly (the �r����`� "Inclirect Partictpant�'}. P�rchas�s of the 1�91 Bonds under the boak-entry system may b� made only through brokers and dealers who are, or act through� DTC Participants. The DTC Particip�aats shall receive a credit balance in the reoords ai DTC. The ownershtp intereSt �f each actual pwrchaser af earh I991 Bond (a "Beneficial Owne�") will be recorded thraugh the records o� the applir.able DTC Parttcipan�. Henefici�l Owners wlll receine -2- � � Gti ',r j�.,�., �;i;: � r.�. . :•i:�:,1, ��s: :« ;� S '� � � h � ly i�� ,a ,�"� ' � i � ,,� j' �� F� � � , �,� � `_ '1�`� :, � .._� �. � G :� .� �� � � i � � F�;; � � �:� K� 6, ' ��� i �� ���' i �' �.� µ�.. } �r'�� r:' F�, '� �.� ; . �y� � ���. .. •�f } �� � +; `; ...� !.ti.. 4� � .�%; r �4. . ��;.: � ��` j �. � a „Fe�f .� 'Tl:.liyi �Yr• i . . ' � . . � . . , ` ` � � k . • . . . � . .r�i� . 1���r�r .``,4�'i'v:r+: ' f. . . , ' �,�.., _ .� r��.,.7,i>.f"'-:°�.���1: ','l' � _ , . , , � . :1.� L3'i':i.'. ��:�t:;l. ��• .��;� i: � . . ;4.,6 1:` . _ � .'i: { ..R'w:�:.1'_ . . �e ,.j�,.'1�S �'Ta�'I: 'r�` ., . . ., .r� . . '�t��i 1'1� N.He�f�( �” .i��y . . �n ! . £i ° t . A,�?' '�"� i��y''!, * ?i'�`!`. �'`" '�,' � y' - .. � :r. � , .. . �.. ir7r a .:Sxi `ii: i; ^�=-�.� '� I ,�r' � �� '! � 1��� F � � : "� , k. ' i , "sJ 1 d. , �'� 'S4' .. . . .. y ..+kr • •� 1 ',\4i�3'i r .4 � 1�'' 4 ii r �1 . 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' o' 'i' ,�;�i �.4' ��,al: � ;F�fa ��ar1�c�:�.r'.Cti.{�t.IkK�prh:.�� . � , . ♦ .. £41 :7z'.•�J 1' �� l^ , !Y, ,� f. . . . , . , ' , .�.� ' _ „ , i�s� r. 3.'�;\ a� 4rr�t.�;z, P�:.°• , , ,1, . . � F i:'i%.:•:.>.',��- . .�,is�i . � . . sh , • • s 1 . 'Y':, .:� • � .^,"�''.:S}rti ,3i�,'�.: . ' � !• Y' ��t� �_�'� • �s ,..St����.`�S,+�ais�*$�,: � 4�' . . . , � s , .`; I _ , .. �li !°i1� �iJf'?��K'�'�•5.7:��.li�41[,�•C�Tr�'I � . . � ' ; ' , • + . . �'' ' '',E;;t'�,ti'r.`sin4'.`�.;�";y,a�kS�f=i ' . . . . � �4i.` . � ' i. :r �FC s �.t Vt� . . � ' .. ' ' . ;r • . .y° � � �,�� .i� �.V .�� :rs'.h,,T . � ' ' . ' , . , , . ' � . . . 1. r •'' w� , 4 > ` � i I , � . � ' . . . � � � �` � , f.� u � - � . . . � :� • . , . , r�,�; J� . ' -- - � ..�r..�:ai. v.--....,.........,._�,.....,..�w....__ .. ... .. .,.. .....�-. _..o-.2,�. ..... .... -._......, . .... : . ..et' ,�`�;•�.� _ .,j` ! . .. � . . ,1 .. :�.� � . . . 4' - >i: � � •'i �. ' . ; '.. . '' . ' _ • ' � � '" ' .. ''., , . . , . . '\ ; , • . , � ,i .� ,.... . ......_, ... .. ...,,....w .e.....w a......_e.i.�'a�s..+.-rl+.:t.4s:. aerra+wc • t�'. �• • , ''1�, s^`+'• . �� . . ' t . + l•' ;'ti x� ;, ;.�" i � a. i i> t�'F�..�t'i�Ati�Vy ����A.'Ti��f••. . . }^ � . : `'.J.`.' yh...lV 1s.�• •. . , ..i< >,r't �{'s. ' ' �' �`y � ;�, � s .� t . �' ��,i`� . . ;'. .t�_,.r�:;""•�,`:k`��'S }�'�: - ,"�1i,{��.�i'\.j.',�...5 �`� . fram the a licable DTC Partici t or indirect Parttci t a writtien confirmation pf �; ;:;;,���'.,�><'�����`,-�T:=��'i°�`�•=. ; ' . � �.. � .'�; ' . PP P� P� .,. ,.. s - s . . '� . ' ,., � ; ���, . their purchase providing detalls of the 1.991 aorzd acqutred. Transfers of ownership �'��'''`�,,:,,.�:,`-;.°�,'�;��.���'r�,,;; �. a sf ,�,. .., �.-r`�� ,�t:- . . .t'' `� , . .;;;F�•.•�;:;;:�::�:.w; �F�Y.;« .-'. '�.,.� ��` interests in the 1991 Bonds wIll be accamplfshed by *�ook entrles made by the DTC �� ;,:?=i:_-� .;�;�� r�.� ; =:;.., � . . .: . . ,:r,...- �;v��: , '�;,-� . , � Participants who act on behalt a# the Beneflcial Owners and It necessary� in turn by `;;;�,,; �i,r;_;;t,.:.�z`"-�^ Ga;r�#z��: �; �: �: ���' '! ; DTC. No 1991 �o�ds Wfll be ed in ti�e r�a.�nes a� tbe Be�ficisl e�oe�rt in ��;','r; �"� `;:,`;; "; ,��•�` �•' . rcgisier Oavne�s, .> �; ; � � r �.��r" � 1"� :.• , •'r - �-'` �`, � thEn eVeat pariicip�c tian i�a ih.o ii101C�ufry Sy�tQAl iS dt.�4iliiieci ffi�caribCd belaW. '�i;ia:? ;'ix';'�,�3:S��rri;t.-�;��.: ;' � � �,. . .. . . . : � :•t�: .�ti�..� �:n : ` };,'' , ' ..: . `,'�' �''' �� �� `� T�ie City wlll recognize DTC or its nominee as the awner of the 1S9I Bands for all 4�.� , • , � . '' - � � , � . �r" �?`-� `.� � � � � � - � • •.° - �� purposes� inciuc�fng notices and voting. Conveyance of no�ices and athec cammunications fn "'��'>' '. by DTC to DTC Participants and by DTC Partictp�lnts and Indirect Participants to �1.. � � . 'i:� :s;�' :: '��:�.:'. .°., -� Beneficial Owners will be g�overneccl by srrangeme�ts amang D'!'C, DTC Participants and . :'`�' �.-� `'� •";c.... n',�-: c. IndIrect Partictpants, suUject to anp sxatutory and regalatary requ�rements as may he in _:.. , ;, ,, � , � .'..;:,;�; •�i,;.r; ';;::`. .; - . , . . `.' '','�!�4,� .�`;.;+ �-�.; •;:,,,��� ��...:�:'• effect from time ta time. Hen�fIcial Owners may desire to rnake arrang�znents with a �`�` �"' - ` Y'' `t'�; :: -� `'"� '�. DTC Patticlpant nr an Indir�ct Participa.nt so that aIl notfces of redempxian or other �:==, � �' ..�. ��'�°� ��"��� �� � :,��- � communications to DTC which affect such Beneficlal qwners, and notificatian of all �i�tE'•F . . , �,���'.�� i�� �� interest paymeuts, will be fora►arded in wrIting by ihe DTC PartiCipant. Any f�Iure of � -.� r, ��` �``� + DTC to advise any DTC Partictpant, or of any DTC PartictpanL or in�rect Participan� ta ��' `y ,�Y. it ''i �'•' notifq th� aeneflcIal Owner, of any notice of redemptipn and its cantent or efisat will °' ��''' '' �,� �•� ; , e Ba called o rede tion or of �<�- =:}<';: E: ..;�.;' �e' �"' not affect the validity of the redemption of th 1991 nds f r mp . � � 4�.. . ���,'�.;�; ,, .s f : �'�,;' ,. . � ; � `'., ' � any other ac�ion pr�mised on �uch notice. � '�'� '"�� M'= , y � Pa ments of rincipal of and remIum it an and interest an the i991 Honds will ��' ,; ; F:� � p P , v, =�ft ;�° _.;:��� :. , be made to DTC or its nominee, Cede & Co., as registered owner of the 199I i3onds. �i��� � Y ' r :� � 11� n recei t of monies DTC cv en r c i imm t r `_;,;��;�y,_:;f,f:'.,`�". �.,�' Upo p s rr t p a t ce Ls e�a ely to c edlt the account5 of � - '°�' �� '"� "� `'`� � the DTC Partfciganl�s in accordance with theix� r�spective haldings shown on the records �:��_ '-: � °;._ � � f � � f'�� �' � ����i��:� `;���.� `�1'r''<'����:�: � af DTC. Payments by DTC ParticipanYs and indirect Particfpants to Beneficial Owixers � �,�,_ :, � . : : . , � e �.:... � .: �::. ,-.:ti;..,.. �p ;��'.r.,.,.��'.�`�"°:. �:,:F ; .�� ��� , wLll be govemed bp standing instructlans �nd Customary practices� as is now the case °=_';.:''.z'°t' ;'�`'�;r� �'; ��• �'. � , wlt.� municipal securities heId for the accounts of customers in bearer iarm or registered � 'A.�':./ � •;+..'f �t� . . .: �';:. : ,. �..;, `,<: ,"� }•�' • �` ,; -- �.�,;� �. . , ;;. ia ,�street name," and wi.11 he the responsibility of such DTC Participant or Indirect '��� ;�'`;�°•,<.`,��•��r'' ."�:;5��.;`,','x•'.;r. PBrticipant and not of DTC, or the City� subject to any statutory and regulatory '• ; i� �:�;.` `:`-��- `.�"~'.:`�•:� �+�` `.: requirements as may be in effect from time �o time. The City cannot and does not glve i:.w�'�f'; '�a`�r' �;tj�i�: ';i;�"r'::}'s,- L•..'��.' `r'•.,;,-�`��-,•:�' �4;�r,: � ,,..; ;;� ; � �. �-:'> . , ,� „� :; , _ ,F. . � any assurances that DTC� DTC Participants, Indirect Participants or others will :;�,i.�-�;,f:f,:,E;;, ��c<:�:y ��', :;"�`'_'��:� }'t. '� ciistribvte gayments of principal of or interest or any premium on the 1991 Ba�ds paid to '?T .t';.�"'�1�i's3��l;4xv���i�s:�'��.:e :`3:. �-°•v;,�:ti� �.., •. :, „.., �,;� s;.;: {.,,.;; :', s.,;:;: DTC or its nominee, as the registered nwner, or any redemption or ather notices, to the S;: ���;µ;�.���,� ;R ;r= ;��;:;':�,�rt,};i�.�s�`°:; .� .' , Heneficial Owners f�r that they wil.l @o so on a timeIy hasIs or will serve and act in a ��r��:�.�f:�;'���,�t"r�;,;���a;�� :��,t��y:a'' r cri i .�,r�;��tj§�;�rµ�)a:d�t�y�a"s�:�� _°:`.f,P�.:.=i' :'-'.' manne des bed in thls OffIc aI S�atemen� The City Ls no� responsible or Iiat�le for the `�'� �allure of DTC an DTC Partici t or an IndIrect Partici � to make an�y ment ar P. `fi ��592: ;��.�;4'�.'t,'s�;T,�:��r'i•, ..,.^sl; '�" . / y �� y �� J �y �'�;�� k�?s�,-:.,;;��,��,;��;:'F;'�,:���?.`. �;.•:;�,:: give any nat�ce to a BeQeficial Owner in respecti oF the I�91 Bands or any error or �elay .�f;s"� ^ p ' �,' �' Y <�" E. 3c.s'�, ,' I@�tIII$ �1BC8t0. �_���Rti'�c:-�..i L..'..�1. .�..c.�''.:_ i. l�, Far �very trans€er of the 1991 Bonds, the Heneficiai Owner may be charged a sum su�ticient to cover any tax or other govemmental charge that may be imposed in relatian �lB�@�O. DTC may d[scontin�e providing its servic�s with respect to xhe 1991 Honds at a�y time by giving notice ta the City and discharging its responsibilf�ies with respect thereta under appllcable Zaw, ar the City may terminate its participatlan In the system af book- entry t�ransfers through DTC a� anq time. Upon receigt by the City of written notice from DTC {I) to the e�fect that DTC has received wrftten no�Ice from the Ctty or from Partici�ants havin,g interests, as shown In the records of DTC, in aa aggregate principal amount oi �ot less ti�an f�f ty percent (�0� ?of the aggregate principal amot�ctt of the then outstac�aing 199i Honds to the ef�ect that a coattnuation of the requirement that all of � -3- �•.,,�Zj�4�,.s.��' _ . _..— . _ -- - —��■ wr��rtw�r ` � � t , , • , z_. si-•;. 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F�,- ��' r . , . 1:': ;..,;ti'P.F``.,�s�I.u,?;.�E�4;'.', , . ,(�.s 4 1;,,•iif�1y`,�fr�r r'.i, 3 � �� ... ; � ' 1y ' , . . � ��'''^:' _ 1 ;; , �,, � � : r i , � _ . 9! . � �f� . • � , , r3.. �'+.f,�.,i,,:;;ra..i{ . ' ' . �?: :s�:.,.�;�iL.t� � . .rtr�}r•� •.: ' �i �.+` r r. jr'wl���r`%• 1 '�, "�,'''r:';,� A. ' ' " ' ,' ! �C,'';:�''f;;:?;;.iJ�r;'�ri!f::. . � t�.�' . . ,:,'`;�:�5' �,-:;°�, � `. �' � khe outstanding t991 Bonds be re�is�ered in the registratton boaks kept by the Bond •f � '' �� ' ' , � . �'� �'' `` ��� �� `. � �' � ' Registrar ir� the name of Cede, as nominee af DTC, is nat in the bes� interest of the , ,.;,� r.` , � . n ���_�'-' ��� �"�'.� �>� -� �' • �� �'� HeneflcfaI Owners of ttte 199I Bonds or (it} to tiie effect that DTC �.s uaable or unwllllng .t.,.r..,.,.s ��. ; ;;' : ' . ; : � °,�; � .:,, ;. .'.' ; ' ' ' � �; �, ., ; , � ; � � � to discharge its responsib�litles and no substitute depository willing to tu�dertake the ������� �•`'��'s � � - functios� of DTC hereunder can be found which is wtlling and able to undertake such �';'��.;�, .��� ���'.�. -;� �!' ..' ; functtons upon xeasonable and customary terms, 3vch 1991 Bonds wlll no ianger be � ` restrtcted to be�g registered in the registratton boalcs kep� by the Sa�d Registra�r in the 4`;f;�.,r:';',,�4,,, ,�., ..�,. • .. �E' ��, �::� �`'� ; '� � " � �� '{ name of Cede as naminee of DTC but may b� registered i�n whatever ttame or names �.;'' �: .'i:, F' ia. .,� ! f `'.' ��;;,,,: . � ; �. . , . - - . registered owners transferring nr exchanging such 1991 �onds shall desiguate, in ���;: ' � ;: , `� ,. ' ' :� � ' ` . . � accordance witih the provisians of the Ordtnance. ' , � ,}'; : �5?, ;, �'f+, � ' , . `' i `_,`-. °�i�r�' :;. � ' .� In the event ttuat such bonk-enEry-only system is discontin�ed, t1�e folinwing � �: : � ° ' ; � , ,'_ ` .` . �, �, ' •, , , provlstoas wfll aPp1Y: PXincipal o� the 1991 Honds and redemption premium, if anY, , ., }�.�, , .!�• . �,D� •�r:• � � ''�' �' �� '' � �'� ''�' thereon wlll be payable at the princtpai co�porate trust oif ice af First Union National , .. ,�.,, , 4 . ,:� �� 6 .� 4'•. �. �,� ���•; ,�:t � �!� � 1! �� . , ,.'3° ,, , . ' Hank of Florida ia Jacksonville� Florida (the "Bqn� Registrar"?. Interest on the 1991 .� �� �`�,: �. �a;�;' ,` ,��. Bonds wlll be payabie by check ar draft maLled ta the r�s�ective adcUresses af the ' : ;, .� �` . :�; :� � �'.�`; • ���;, �' ��:: � , �; ` ; , regi,tered awners thereof as shown oa the registration hoaks maintaineci by the Hond � "` Reglstrar at the close ai business an the 15th day of the mo�th (whether or not a . ;'�°���: -..,;` . �;i,_ r,,,. � ,. ,�,.°' ,: �.;' - �. :...�', a:,:";°�::� :� �;�• i-.`��.: �, ��'•�:°:..;,;''�. ,, .� �.: bnsiness day}, next preceding the interest payment date for the I99i Bonds {ti�e "Rec�rd ." ;;.',_'� `x,�� '';'• �' ��` C. �':• t ! . � Date"} irrespective of any transfer of the 1991 Sonds subsequent to such Record Date : ��..' , `. �- , : �.:�'' �; �;�i : ���� •'�'. �� ::. -��� �': � - � � f and prior ia such interest ABYment date unless the City is in defauIt in ths pay�ent o# .�, �::,.,.��. �• ..: � : ;� , . , , � ,; :', •7,'°: '? �';�:;. ;';`' •� ��_;�-' � interest due an such interest payment date. In the eveat af any such d�fauIt, the '��' ;"' `-;. `� ►�'��'��,' `, '- ,�;! � defaalted interest will be gayable to the registered owners at the close of business on a ... �.�' ,�,,, .;,� •, z:u �'�� �� special Record Datie for the payment of d�faulted Interest �s estabiished by notice .alie:,�i � ' �,��� ' :t �. .�;�•q � � ' . ''�� ���'`�� � malled to the persnns in whose names the I991. Bonds are registered at th� close of , � . � ��Q,,,?�4 r�1��. �• .�r±, . • _� �:: :�:;•; :•}: °� :. �. ;� �. � r` ��� business on the 5th day precedtng the date af mailLag. The 1991 Bonds will be issued only •,.�:'�};wy.if•.''�I.. r ,F4.��• •�i•;S' , � . :• ; r•, , tl, .,..:,,_ '.-;..,; - c.:. ,; '' ;��. ':�,:. ` as registered bonds without coupons in denominatIflns af $5,000 or any integral multiple �' °`���•' �� `�' �� thereof. The transfer o# l991 Bonds will be registrable at the principal corporats t�rust #.. ' �; ,`c: ,�.y ,. ;, , <,�.. . '',_�'' .;��-. '`. .:�' E,:, ,�,.�` afffce of Ficst Union Nattonal Bank of Flarida upan the payment of tihe City's and Bond �4'�'� '�.•'�Y.��IS�i';�.�\� '>: ;p iF '1, . ' � . ; 4'� ` �'l, -•. .. . : �. �-:4:': ��, .�°, • d•.:��,: �: •�: x� .�..- .. Regis�rar� reasanable fees and any tax, fee or other govemmental charges required tA be ;s�� �':','`'��•��:�.''��.�r,',; ,�`:, .-:`, ,�, ', pald evifh respect to such txansfer. � �`'':v:-'.,.£ �. , f, . �r,.". ��t; • �''' � . � ''��ef f::+'�r.:�r(t('J3 i . .";y' 'F ` -1�.'• '3. �,. Pr���.''� . � �.'. `�.'��; .��`� ��:: _, :��� � �'� .�. ,� : � Redempt�o�n Provi�ou�. The Ba ds mattt.ting in the years '` ":,w' _'�,.,�, , �° .,:�",'.�� n �•� � � �;° . h1a i '��zy'.E�;��'he..� ..�O.�F• � ..�,i�. �� � 4vf,:�9 t,;.;,,*{"�:.�;�� ;, _..sj,��,;;`. .�,. ,;i� ; through , inclusive, shall nat be redeemable prior to their st.�teci `�.��` dates af maturi The Bonds maturin :��;;t =,;x�,��r.��r•:�.,,,,<,�.;';;; ,,.';,w..;,..�: `���'.'� ty S . and thereafter, shallbe �``tr��;is�:r;��;°�;k;�;;;°`;:�,�.:�:5,-.skj��.:,:'���.�u;�' ! redeemable prlor to their stated dat�s of maturtty, at the aption of the City, in whole nr ��.��4'��, �+s��; ;7�� �;`'.� �_; „�;:,;;�";_� �`�'';;`;:,<�o-',:;,.� in Part, and if in part, in innerse order c� maturlty, an or on any G�1 rn���,��°r� ;:p�';;�;.�,��ai�.,��';;''t���,'�Sr"�.�} �!'S.i e'�I'r�ti interest payment daYe thercafter, at the redempt��n prIces (ex�ressed as a percentuge of jE���'� e7� K. y� `�.` �5 L . ,t.,�� ' 4� ��,i ie--�.�j ,.r i ���';�ti ti ��f�, ��4��,;��." �?'•:�ui�:��.T�;,.�•y��;�'�a the princlpal an�ou�t to be redeeuied) se� #orth beiow, together with accrued interest to ,e';��,`!',•,j} ��e-�.`!� �.. , X.y� ••.*..., r�,•;.•; ��,,���� �,;;����.;<���.���� ���`;�, �;-��;�,.�.-:,:} the date fixed far redemgtian: � a. ti�'J .r�u, _e.. ,'1 _ ¢� A' i� IV� y' ' � � �4 I � � � � .. r- � , s�=Fu;� � :.. e 'ASrS y���. 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' , _ 1 1 �I' f�• f �� : ' . .. � . f� .+,J . • �' ' ` � "'� . � � - t Redemptian Period, itedem,�tlon Price � .. , # _ , .._, — - - - ;�;. � �:,�� ' '. � ! September 1� through August 31, .� ,{: :f . ,s � . . � ' � ' ' � - • September 1, through August 31� ' ".1: '�`F � }' .. ' ',f,;,' ;';: ;'t' : ,�; f� .�', � ± `' . � � _.� � Sepxember 3, and thereaiter. ` �.;'. ��`:_:� " '. �i,. '�� � �,t�' , .�;r:, : ;�;.•'• ':; ;,:;,�;, a . �' ;�",��', �;.,:`��'� ...� Mm�dabocp R�empt3r�a. Th� Term Bands mai-uring an Septemher �, 2009� and �'''',''+•' �, f.�'ti' ;�'. :�� e,.. `�`.�' �;'.� ;' September 1, 2013, respectively, are subject �o mandatory r.edemption in part prtor to � - . . -� , .';;': ,-r , 1, ' ,�<�:�; .: �. , � , : . .., i.,•,, ��; �,�• � ,: ,,�,,:•:. ,� � matctrity by lnt on any Sep�emtrer 1 on or after September I, 204�5 and S�ptember 1, .,.'- :_• +','���.�;, ���� '�f �'�' � 20i0, respectively, at the princIpal amount thereof (wit3iout premium) pl�,s t�ccrue� .�.., ; . , , r` :::��- � . �•'. ;.� ::�.,.:: ':�';:'.::�`.: '•.: interest to the date af redeinptIon, from funds which ti�e Clty has covenan�ed to deposit ` �� � y(j�• y ' in ttte Bond Amartlzation Accoun� in #.he 5inking Func� �n the amounts and upon the dates � `>.1 °'; � .:'`j ` � � . , , speClfied as follows: ' ••�•jf.4i 3,'t'3�; `{•.'`,..��.s`�s.q�+.,' A.'=..'. ! °'�� •;r ' jt��+;•j� h�' '`� '' °;<< Term B�nds Due September 1, 2Q09a Term Bonds Dus Seeptember 1, 2013� , :. �r '�:�'�'i�; '•��,• -_.s:, '� _ ' _ ' _' _ S .45� f " •�.i� ��j �s.�'� �'��. : �„�;! �'� '�.`�r '��� ��� Date of Redem ttan Amaunt Dat� of Redem tIon Amount i:' "'',:.: ��''' ` : d•;1� r .� . � �";-, �,` �I. :��� '��„ '�t�,,':=�`.i��"�s�� ,. September !, 2005 September 1, 2010 � ;,' •. � .: , r. .,_� - ", 3��� 1�` • .: ;,: . u�� '�`y',•�E::•�','r.'`' `�:: September 1, 200fi September 1, 2E}11 ;,s� ,.;;I , • �..s�, ,4. ' :i '. ,' ;ti � ° � . .� ' °, ; e . . , '";, ;'.=:�=�1:' ��'`� ,;:.. �`:r'.',�` September 1, 2007 September i, 2QZ2 `':�?'• ;y`,.�;`: J;:�'', '`'°� :='';R` �� 5eptember 1, 2008 5eptember 1, 2013 t";`, ; "� ,�'��t'>;t�,��i�. ;:{, µ.' ; . $�ptembe�r 1, 2009 }»-��.�73{-.rf''�t �� '� ,':.'r.; ..� _:��j�C'K� i:� .. ;Yy•�C> s .,� ��'� •�- F;. ' �1�,� �Y' �i 1.. �... ' .�� ' ��. f °i �yi.-i�i'��:. �*':S'..�." ���`�•t�:�i '..���.z'f:,.�• `'�°;�;"'� '�-�;.,.::;,►:��,� :: .`,:;`_'.'�']•?`':'�",'.' � M4ney hald far #iis creciit of the Bond Amnriizatiion Account 3.s rec�ulred to be I.. i�yt\ Z.H �` 3�.1.' ..i"� i`�a'.�{r� � � °;` °' .;; � ����:��� € . ��:.:� �� : S'i �` `; ` aPPlled to th� retirernent of tErm obllgations as fallowst 'F ��.l�}i:�:� ;i''�i:yt`•!'.:�. .i.� �r.°��;.;':7�F�'� : � F;, �� y` ":,i•�. i``4F, i;,",,'i,.= i: '.� �.,' ;.;�.����� g<"-,�;�rr'� f:;,��° '`��";°� ;>z; ;' .,,. , {�) S4u�bject to the pronisions of parag}raph (3) bjelow, the Clty m�y purchase ;�t ��i'7`•'8,��=.Y��'��'y�fs� ��yi�.�ri'��'1�:s�'.';'�'' Term Bon {.11�n � WL�II aL � d IA EQ CIC� �1 -a� i ,, ;,�:,� .. { ds u ding the m st a van g c�.s p obtaina e witti reasonable Z•1 1' Y,3r.. t1'��• .5 ��� ���:'_+ ;F 'L�,�r-�.:: j'� `�`: �� :� k�: r"•��' �;: diligence such rice not to exceed the ri�aci af such Term Honds lus the accrued E: , ,� ;,. ��; � � ;:� :;� ; s.: : i.'����� � P i� P� P ;,��;��..��:-.. .�.:q'. � ; ;���,�.. }. � :;. x,;j ������ ��'�.��,�!''�r' f; ��VS��;�✓�; ;`:�"'as on�� such Te m�Bonds t dthe dat of dellverye ther f i om the In�et i��Actcount and the x=:;��:���{�;a`-�''`��{'����?;��`;,`%:;�`:.�:�::�".r�`� purchase price fram the Bond Amorl•Izatfon Accannt, but no such purcha,e may be made :f.';�'�y�''F�>",��+'.��� 3't'3�'=�`'����'';`��;' b the Ci within the period of 45 da immediateI recedin an inter�st ment � , r,,n ,��, r; %a ��; .�,.,r��,.�ti ; �-, �:, _ v tv � y � g y �y �`' -s����'� �- '`� +�t ''� �� 4'M�` � date nn which Term Bonds �re subject to call for redemptian� c�cept from money fn fi� { •'�^ : .. .`� � .. .µ1 `�;;��i���;��;�+;��`�i�. �;�k����;;,�;`��;����?; excess of the �mounts set aside or depasited for the redemptian of Term Hoads, (2) Sub]ect to the pronisions of paragraph {g) below, whenever sufficlen� noaey is on deposit in the Bond Amorttzattan Acaount ta redeem $5,OQ0 or more pr3ncipal amount of Term Bands, the City may call far redemptioa fram money in the Hond Amortization Accaunt such amaunt of Term Ba�ds �hsn subject to redemptian as, with the redemption premium� if any, will e�rhaust the money thea held dn the Hond Amortiza�ian Accoun� as nearly as may be practicable. Prior to calling Term Bonds �flr redemptian, the City is requLred to withdraw from the interest Acoouat and �rom fhe Bond Amortixatton Accauat and set aside In s�parate accauats or deposlt wlth the paying � Preliminary, subject to change. �•`� , �: � ,� t- ., . },:. �: , ��. f �'. =�D.•",1'� •�•:���('�i� � �'�1S' •`rj�' °f'' ,}5 ,�'�r�,�' . ' . �.� ` r�t� . . ,;. , r ' . - _ � , � y , t;. �. . . . , • ' - f� . . �'��V• . �' , . . -: " • . ,' ` • `1 .. . . }`i S . •' -r; ,'. :^ F'`{, ,,{l � n,{• •.�'::ry�`� ,7�'�G�':r;,',..'• ` ' , �.' I�'.•Jw . .e, - � : �lk: � '. t� L'� i.., 1�� ` �M;=, ���;{',:i:r5-.�,.'h;�jf`�.ri� i [1' i t' ".'.''• '' �+ti- �S7','.•��L ��( �,i. I �. i�i� K�~�' •, �.� L:.AS� A',�'i.r.k'� �,y� �� �4 Y:: illa�i,+��ir ..�..ir.^.. 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(.,. , }���°�'� ���;f, . � . . . ':ii:e��.t.i;•`,,�'�{� ��•i.ti'a:.;Y t_;:, _ � 6' '�' ` ' 'S' � ^ � . {,i';•: t.":°�4�'Si:Lf4.'f �';.:.�i=SF��.}' .�,,.� •'•," . ,.�' iaterest 4n and the rinci V� •^ �•: I.` fI�S���`,�""�i'S�',. �,' � �'' agants thc� respe�tive amounts required for paying Ehe p P� ��.`•• :��`,�: :.`,;,,;04;:,;'';.:tr' t=�.;,`,^, _,;�,;: r; .; �� � rem4�m a 1lceble to the Te m so �}:���.��.;;��.:.•-,, `"' 1. >�.. � . ,: ' �' r Bonds calledfar redem tion. � :��°s'°��"l�(�F� �' 4 � c��,a�,�� . :.s ::��� �;�� ��� enct redemptla g AA � [+� 1 �� �;' ;� �����Y� ;�`�:y���',� ���.�,� ,fr � n:,: � ;je��..e�'.-.� ..,j�`� � � t � r '�i_°4itL�Ir4.�J:!��'',�f y���y�7�.K�i�:� � �.� "�'�.1'.,�' , f'w�'i•i5_�Y.•��.e �i: . S��' if�t�Fi.l..... �1.._�, fe 7. '1' � . .,, � �'' �� . . �':t.a. i �i�.,,,y . ; �� h, : �' . � ,;. .'�;�;� ; ''. ' . ' i ', 'es;4'�r'3:�F'h���'�'a'Y�`f�,J . ;t `R+;� ,�. ,' "5.; ' 1�i r " ` ',��;'; � . . .� , i�. �'S}��'�'y:c' �r� l.,`,1 � �? 4'-. " ,, ..;�. =; �' � �� . . :. I y''.`';�:,4;,��,r�'`:f; ; 1,.,-,l� , ..+' -.'t''`;::1: ';�:K �.SCr ti., . .. . � r'>,� ;:i;'�,��,6��.� :�.; � - �t�;;','� ' . , i.; '' , . .,1 :F ,;', 1 , `^.`, L,�:r,,;��,.; ,t�� ; ..{ ., �:I��i�'<���j,?I ���:,1'.�,; s t ; �°�,y- 5�:;•;. '� �'i • '. . ' ..! L i� .��;�,s� �r�.�>Ei':'7�%'��';ri�tj�� '� `4^ ' � � �t�.�S�,f�Aiti;�:}i,�'a._�i..:'�=7`. �t(' �• '�`' i ' ,`iy" ,'r•, , � )� i (�� �v �. :Yt:�r-. i+��.' •'. r' "�i', :�j �F. ' , f.`r ' %w.�:���r�-':,+3: + t :, '.,����. ,'•u.e`;�L�;,:sy.,rl:,�:i?:.:�.•�',,r•'...t�'Sr• � �:�:i;rjs�.�;. ' `•rr�%f �`• '?' . ': '�'�'I1 i � �r. ��}�: :fs. ��ii4 �r3 •I� ':-i.. '�; �''`� '�1F ��'e`.i-, i��'`� � , �: t `;',';9 ;' '•'iila�.; Z;.J4�� �!5i ! i" , .. A.1� ��%' ��fR.'�.5� _ � i'. .�.1.a •;,{fY`'� '.i}°st��1'`.;, ,,.[ ~+'x�••' i''�'�'. L"�ti�Y�".7�lr�=��C:Yi � i�.n`� 1R��;r, `1��hf.. .. . �,� .r : 1 {,S •en�'. �,• �"� • 4;� •, :9(t'�Y'�ff.Et!1 ,i ���'..:;: '�1:;' ' "'�.'�E 't l`�+`�`S?��;!.'':'•' i`j .'` �"'•`j.'I :: ^��:�Ri,�:� ?: ;» ` . ..0 �,;.�'�t��, �: •� `�=<,, ,,�,,: ..,`r"!$'Y°: � %• , � ;'%�''r,'y�.s•' .,"- `')�� �"v �`i,' >�C'4 -.. 't i "j•��t sg i�!�!'tir.:f��" t,+•_L:�i1i�i�f'',, I .�.� k' " , • }'�l ;y�, ' i r. �r�{ ��'� •.�f �,' SZ�k'� 1��,' � 'u}s� `.�*yl1Y ,�`•R,{�,'� �k11.«`�.! w� ,�.�i' i t�'.°��;�f.� � a„�;, ,i: ,t-�t �� ,�', X �;.. r��, ;�,r1.t,sr, �,ti;lX�r�il�.ts� .�3t't,�r:i -.�� . r:'e+��='��' 7f i `ir`Y 3 • f . �; ���- . ,�..�, `•S;��i�t' ��� ��y•�°F`�i s°:y+�.'call�.r;�2 ���f ��`�y'1�+�'!{ ���,'����i�:f.'r�%t;s' � st''; );..j�iz . ±; .�,�.:�'.ri.° (3) Money in the Band Amortfzation Accoun� is required to Ue applie�i by tiye C�ty Sn �ach ilscal y�ar to the re�iremeut of Term Sands �hen autstanding in the tallawing order: (t�y The Term Bonds o# each serles ofi Bonds, to t#�e exteat nf the Amortt�tion Install�nent, 3f any, for such Fiscal Year for the Term Bonds of eac.h such �erl�s the� outstandin8, �ius the appiictib2a premi�m� if any, anrl, if the amounti available ln surMh gfseal Year shall no� be sufficieut there€ar, the� � prapoxtion to the Amortizatlon Installment, if any, far such FLsr.ai Year far the Teran Hvnds of eaeh such sarles then out�t.a�ding. Plus the applicable premium, if any; provided, hc�wever, that �# the Term Bands vf any st2ch serles �re nnt ihen subject to redemption from maney In the &�nd Amartizattan Accauat snd if the City is at any time unab�e ta ex�aust the money applir.able to the Term Bonds of suctt series under tt�e provls�ons of this clause or in the pur+chase o� such Term Bonds undex the proviston.s of garagraph 1 abave, such mqney or tt�e balance of such money, as the case may be. must be retaine� in the Band Am}vrtization Accoun� and, as soon as it Is feasible, appl�ed to the Term Bonds t�f sttch s��l�Qj �ii� {b) Any balance t�en remaining, other than money retalnecl under the first cl�� of this paragraPh 3, is requiret3 ta be applled to the retirement of sttch Term Bonds as Lhe City in its sole diseretion determines, bu� on�y, irc the case of the redemptlon of Term Bonds of any series, in such amauni�s and an such terms as may be prnvided i� the resolutivn or nrd4nance authorizing the issuance af the obligations af such serles. The City is required to pay from the Sin�ting F�nd all expenses in connecttor� with �ny suct� p�rc�ase or redemption. ��JA � The p�yment of the prictcipal of and In�erest on ttte 1591 Honds �.s secured equally and ratably by sn l.rrevocable lien upon and pledge of the Net Revent�es derlv� bp the Clty from the aperation of the System. "Net Revenue�' is de�inec3 in the Ot�ance to mean Gross R�+vent�es 2e5s �he Cost of Opera�ton and Mainter�ax�ce. "Gross Revenaes" me.ans all morties recetved fmm rates, fees, renta]s or nther char�es or income d�rived tmm the investment o� funds, uniess otherwise �srovidecl !n the Ordl�ance, by the City or gecruin$ to it in the aperation o# the System, aLi cr�lcutatec� in accardance with sound gccow�ting pr8ctice. "Cost of Operation and Maintet�ance" of tise Syst�m means all current expez�ses, paid or accrued, for the operation, mainten�nce and repa.ir af a�l faciltttes ot thE Sy�stem, es ca�c�ete@ in acc�rdance with sound accounting pract�ce and incl�des� without limiting the generalliy c�f the foregc�ing, fnsurance premiums, adwtnistrative exp�nses of the City relat�d so3ely to tite System, labor, cost of materials and supplies used tor current operation and charges for ttse acec�mu�ation o�i appropriate r�rves for current eacPenses not annually recurre�t but which are sucM as may reasanab�y � expected to be inc�rred in accordance with soun8 accountdng praetice� but �xcIuding any reserve !ar ren�wals or rep�cemeAts, for extraordinary repairs or any allawa�nce ior deprecia�ion. The i991 Boa�s are f�ther secur�s3 by a prior llen on and pledgs of the monies gnd investments deposited in the Fcutds and Accountis establisl�ed by the Qrdinan�e �cept iar monles �nd lavestmen.ts tieposited in the Operation and Maiutenauce F�nd. � -&- . .. t.r:'.�•:_ �,, .�����±I„�. '(; „ ��1�: i :'��:•#°, � b ��:,.:�:: `;'; . ._ .,: f� ti . �:M1 �: �-�;�. _ _ � � ; '���; �s�� ;:.1�, ;�� �E,. �,r. .� � '• e � .'{ �,. a 'i f. � . �. , � v V � � v .: .'s � . Z .'._ �-. �i.y � , ,,i. , , , , , .... � t . .. . . � � ; e=T�..r, . ��; ... .. �y'� .y� . , � . ,s�r« r>Ye.. :r�;?*,i°; r�,{ t :i� _ ' . . � , . � . • � .. ti ts,;�.i, �. i� y,,: 't�. .i�' C;, `-.���' i� 'U ��: :l;i. �5l�';�`'r•+:.ye`�a rrj ��'f1;4�'"�e v#���'�.i� �.����!'� s€':"��f;�§�t'��r ''r.l' ,�.s r'pi. i•Y + � s.r � :i: � , . . � ` . 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' � , ' . . �i. • , :k�1�.f,,'> '1.�, . . � . � . . , . ' . . i � . . . � 1 . • � , . . . . , . � : � . -+ .'. � -'• , . ' . , :. � �" '. . . �> > ' ..' ,. .. , , . . . , � . . , .y � ; . � • rY . r . , . . . . � .. , :: i . .. . .. 'f • k, � r . ; ,.. . � , �,.. . . . . . wu.rz,.. tiu,n.«.. � �! CL.".�4�1E.%..�i�7tIIRCi' , . . :� . . s � .. . � 1.�,6 `�. , . . . . .. , . • . .,... r..� .... _.. . _ .... .. . _ .. .. , . . .. ... , . .a ..... . . .. . ...... ... M. � , . ... .. .. .. ... .. ... ........,...�-.,..,�...._•.�.,.x..s,r ... .. �. ' � . �y;°. . �Y.� 1 f� �'�': y ,,�'iF.�%�:,r.: �'�r�.i� � y'1 ' i�. .�.' .' :� • a . ;.,1���?t rf r .."P;�;,.f..,; . f,. ,. .rd'i. 3 . , �,Y ,`;,,., •" ,yh�..- .,s� ��d � �i.4 . ... ... � . .. . „� ;'3:, ���"`,�'- . ± . !� . . _.{•.qa��.t�,l�isrtr�,�v����i��>; !„j':'7" :' ' I. "`•. , ' :;y3V.s�;i4��,,,p:,,..,.ifc��£.`'_. � S ' , , . �.:'f,: � �.,y'�,rc.y c �_'t.'i.. •'�'1.5.��. :a : • il � � s k•�,?; fl��i ��'�C3e�t,,.' . '��1�' .'4"f S� r:.� � i+.� �li.:. . . . , ��..�4�.���...Ilf' tl,(g/r�W`+ ��'� a4�j�%V [ iT .'. �.;•.'•': ' ! . " �.i�,:� )�. , , t ��rh'sl���� 1: • � , �:. , ..i,.: i�:i; :1'e�c . �. �����^'p#Y J �' � `�,,' ' � �' ' `:i,'4�„;.° ��,:;.',7' i Y "� u, �4' i�i;i-�<+ � ,.� A Reserve Account within tiie Sinking Fund has been established pwrsuant to the •�;ti��;:::�i;; �',,��',�,:a.�; �:„�'; "� " . . . r �l . ,` " 4�7 ��^ :�' ��' � Q dinance. Within the Reserve Account� tttere will be estahlished a separate subaccount ���;�` <�:�,�:�;;'s�:;s°,, ,�;,���,�'::,i�f S '= ..,a" � . .' „. for each 5eries of Bt�nds. Reveaues must b� applied by the City to maint�ia in each `s"��''�:'":', Y�':�= �' . ' ���: ' i� ' . �• - '•`{''i�i5:: :�:� 1`411��tt'C;�x�� t� i � subaccoun� i�n �he Reserve Account a sum to the Reserve uir m nt If ���•`�r r. _; eclual Re9 e e� any� far =� �-���;, �:'�''s•<<�F:��-; ; •�:�;1 ° �. .;. any sttbsequent year on each series of Honds. which sum will Init y be a�i er "`''' ;:- :�;;�;:'�. •�;"F �� r�• . � � -,,�.. aa t� Y•��:��w�s. ' , � '--'���- �� �.r, �.:�. - ta�ll e ted �h ein � �_,� •�,:.. ,., r<r :`.'' .r':. � , �•�•: '.f. f t h e p a c e e d s a f � h e s� I e o i t h e 1 9 9 1 H o n d s a n d o t h e r f u n d s o P t h e C ity T a t h e •�'��,`•,.;��F'�,":',,''' ��'.�,�, �`, " � �` � ro� r . ,;. � �.,,;,-. a . i•'V� t . }�� IYt� r��I.'o��' � i. ��� ��-4 :f` � �" � extent the CI. determines ursuant to a sub uent resolutiQn tQ fund a stibacc�unt ��_� l��s���'���`'�'`�'�''��� �` '"'� 3 i ;'�,� ; ` , i . �J � 5� ��(�' _'r�.,;, r:-sr >�r �' .t � ��;��s�•�•�;�•,'.�'�,:••'':�;�,► ,;, :�;�� <;�: within the Resexve Account for a respective series of Honds, th� City may pronide that ;;:.:�.1����j��'"�>� �` a`..��;E�;:t<,,�5�;��,< :;;,F,•.{:;°�. _,:,� ., the difference between the amoun�.s an deposit in such subaccount and tl�e Res�rve �i���:������?� .s, ;�:.�`� ; � =.sY"'�r' ;;' �'t�:',;';`�;; ;.';:;� - Requiremeni for such series of Bands shali be an amount covered by obtataing bond '.��_;� �',�''����zti� '��•-` �� : z :. ; . � ;= ,,; . �'�` . ��..:�f:,�k:�: ''�` . '�� '''^ , insurance issued by a re utable and reco zeri rnunicipal bond er b sur n :s;�f�-�,,�`����..��",�� �.{: ; ., ` i� :�,�. �,.�':1".', , A 8ni insur , Y a ety ba d, a,'._;�. ,�.;L{�.�.�, ��'�` � ,°{��,,',;^4; ;�f� <�:w��`ES;; t' t' S letter of credlt or any combinatioa th.ereof or by such other farm of creclIt �`ttirFr•'�s?r�.�`E������'. >} � � `� ;••.� ��'� bY ���� ';,; - �':: 'r' ' >,' �r.,<t sf: , v F . .'�x 3 � f.�`� �'��; ��°, � f''•- enhancemanti as shall be a roved b a resoiution of the Ci ado ted rlor to the ��'��`;7:� ��•� ��� :ti� ;��;._,,f���'tiF.� _,�. ;;1`i AP Y t3' P � '�''� �-;>'�a�'.�s ` ����' � `�����;�;:�: - �,;, issur�nce of the serles af Bonds #or which such subaccount is established. S�ch resolution °�;.?;';.�,�,;;��;a;�,��,.�;���;�.�•,t ' ``� : �: • �"� - '� �1,' . may alsp provide for the substitution oi such credi� eniiancemeat. For further �:tY ���: ^ .=�;t� ..p�� ���}�r •�, ` ,", ;'' ,.t.,�;l' + 1,''' "e.`'. !��' tr �''�� ii�'�'.'1,ti,j�r.'t1„l1 'S`.l� � ;�;:;���.r;��s :,, �;;;�; :. •.1;�' .��;, iniormatian c�ncerning the Reserve Account, piease refer to the section entitled Flaw ,ur� �;°,:��t��,;���,.:��K;.�, r�!� ;,",�:,��.���: i`,� r;,t..,�, ;. ��.,�.�`;��,,;���. af Funds'" containe� herein. ���� ,����"�,r �,�. ��, K.. µ :�;' .aY.:-:.•��,.. - ,� � i ,9 �f . _.�: -° =�>'�;:•' .i. ���7�.�.i::3 '` r�t ��f3�t�l•�� �y�e ,:��,1` � '� 1��;1.'�. ,'��: ' '.: � ? 4. ���Y3�,Yi�� �ii �� �ti � u�' ' { ,• �:�;{=y;'���;,?. -.' }7'�'`�'s�' NotwithstandIng any provislon of tha Resolu�ion to the ctmtrary, inoneys in �ach �':-��+��-Ft �'��- =�s t `•`f� ,1.• ;j•S.� , �''� 't':.i.�if.�JY�..��i�'� e.� ��' { ,. �•�'... ,�' .•Y.^1`�, .�t -'T.' �4y su6account in the �teserve Accaunt ma he used anl for the urpc�se af the yment of ` •�=n� ��;�:r;n,. °t,;�;.;�' '%'�, _ � ; ,. ��.�:� '` ' ���'.'�'. Y Y A Pa �,,'•�;� �_, u��t. �,, ;``Y�?;:,r,'�';c:.>;:;.;': �';; ���'`3�s[' �° maturing principal of or iuteres� or making Amartizatton installments on the n for �'�''��;:b�' ���`;�����"`��: :,.,`_: ,..��-' �:t,� ..:: ,. • . ,.. , Bo cis ��•,. '. � r ��;:� �, �'' , tsr�.s �,_ ' .i�� ;,1' ;:�;�'.';'•'°:';'`�.�,,:�':���•:t which such subacco�nt was estabiished when the other moneys in the Slnking F ar "'�`'�"`��� wg���.'�'' '�, r• ,;:a' �, ���:� �. , �, �... ;�: 1 ;�ril. �'�j �7t�i:...:: ;,. t.:�� ;'� . y �� e i..�:�4+�'y et•� �i,yt,,•� i}� ��x �sr` ;";,',`�;�r �.� �`".'i�f',',•?° :'s� "°,;. - iiusufficient therefor, and for no other purpose inclading the payment of any ather series �.t�:.���;t�# �� s��'a�' ;��;��`��f� ��; :�:;•�. � ��;. i: ;_• � ,` v,. �y„ �.ry, f;..,��� �, nr� r:• ..��,.,� ',.� fl� L�1JntL7• '� : r �'•�4 J`r',: �'`'�.�.�"�1,`,�i� '1 .J��•` .:'4�• .�i. 'yi .1,, t.l:, . `�ii6�y", �'��.�, �. �p ' 1' �S.Y�•�;xk u4'�:�':;{ i.. ;, f . ..r. N�., s -' r,��'���`� � �: �a��� � � ��F�+�„`�{,e� . ' �� °,i.� �r: ,� ° �' vC.�:i��4 -.� _'" � 4' � �.}.. ,,i r' :.4:% • '�','�. '�`�fs . t�+� �., � :.�y��l. �� ' `'� �;r: �, � ,:;_: ,�;'�:�,Rt ,�; ;1i `;; :-�`�.rl..;: � The Bonds do not constitute sn Indebtedness, llabilitY, Seneral or moral obligation, .';'r��'.�:3 �`; ei. * �a:��;3 �: , ;��,,•.: ; 1� � f'� :�`�;�� :r,� '�°'-'�'��� �;�,:�;��.;°� � or pledge af the faith, credit or taxing power of the City the State of FIorida or any ". '`.:��'^4'��`'���xy`�`��".'�.,�'r`, r ��ii;-c :'i6: '�,":I , j;: 'j,�� � �•,,,i.:�� . , �� • 1 f ;, �'�:i`.�?.:�'rtt� �.•, � �1�� i �r . ,"'�,z_'�..:v�':%':'q�=;'.v; 'h:: .:,�:, palltical subdivisian thereof within the meanintr oi an�] canstitutlonal statntory or =:�-�',����;,;.r.<Y,.gr�'�:y;i:�;��.�,�3=�. I�•r i.� �.�;�. ` �' �'sI1�" :"./•' •� � 6 �7 � ':)'� 5. � ,�xiy,� S p�. ..f � ' . Z Y.r."�? �.••. ��" :..rt�',rhz s t�. 'f`�SS..•! , :.,.,.,:=,F,�;,'��}r:.�; <y,,,; .�:: =:;; .._ •.s�. charter provisions. N�ither the State of �'lorida, nor anq palltical subd.[viston theCeof, �- ��•,;�Sx::�:�°jy;' ��� �.:���.f'. � ' ,��f'.:v�• :: ,: ',5.`r �":� ,�:lf+r��' ...,,:...�,.•1�;;=,4�y;`�"r.j?;1� r �' �' � 's7:'v j • �' � � }.: ' {.�r r,.,j. �7:t'i''�jC.a :. •�:, yr t,rJ ����>:,j :;,,-y��: r��;'�- .��F;i,.�:�� ,,,� °+'•` nor the Ci shall i�e ab�igateci i to levy ad valarem taxes on any pr�perty to PaY �� �,. <. ;�F �:��•';�, �'.�`�� �, _� �' � yi' �� ry,:.� �.Fx�• s.,i r t. : i"=.. ! . : f': . J,'',� r'. • f' 1, � � f;:i' �t ;,, ,:�:*4;�: .:,� rIuci of the Bands the interest thereon or other cQSts inctdeat ther�to or ii t --�f,�:;����rw� �.,�:, +;��,��,,�.� �, ,`;`r ' -.,, °. r�,: : '-_ .� P A� ► � ( 1 a �Y : �,>-i�� �� �• �,`: �}���:�:. 1'`'j - �.�i`,,��y,`' . '�� ` �i' ys^}'i':.r^9��3. i, �� ,�'i. h�.�<?i����;':�;h;��`�_:�:���<.� �t�;r;�;s;`'i} � the same from any other i[ruds of the City except the Net Revenues, In th� manner ��';�; �-,�;:��;?�;r����•�.�.;�, +. �z���� >k,; ,�.y� Ai.�:i�,�.1��;;"��•��:�.:- ,�G ,y'';.'f.r. ,., },4 '`4 V r ., ���'�,�°}�;:s�=�:�,;r.>. ,�_.>,�.��,_,: ;ti.: provided fn �e Ordinance. ,,�: :., `;;rf,�.,�tY�,�� �:�����`;� � i'.�iSS�`ti���•-;���.';,'yk 4a�y,Y�,j'ttiY..�;:i;Yj�" 'r�'! t� k+''J`IY'�'hi« �^!'4%:��kkiti"Y{ 1 t ' '�:': �� i.; �H af i•r: ; k1 . )i. .' ;... a�;... �4{ �: e�'�� � �-�1� - �' �P'. :'. .. . �•� �= 7:•.; •:' » �Y:av s: �r•��`[� fi.� s .� �;ly;:.�`. rz, ..� ,t;..,.7;,,j' '�, i (�, �•�"li.� �s,.l t, p��r;;t,kF �;.�.T.�i+���,�,t�.b'.'.rzt`:k�; :�d.,'�,y,.fS.���'�.."��rlJ'a:I:s4; t:� � S'�I• �. Y. 74 1 i 7 • ! iS� 1}.':, i 1 ! a�'�ii' r,� � �'.%7:f�,_ .,r *t: ;l y`r •� �'::'. t x. �: �' � �����`�K�N;,:'�;,'s. `:���;�,f;S;�M.`f•�� MiJ1VICIFAL BOND D�S[TRANCE <�:�,;:��=�`��.;�.s��`'��c���'i;�;����:: 9 �,-�:'�•,F�.r. r:� � 1 _r��a s•Tk •�.pt:��``}' ' ¢ ..t`s.>,` '`��,r,'.i3't s��: ���Si.'�';1',�Z. � ?_ �:v':u.Aw;:s.=��:;L'1�r�:�S�4Y7��� �3 ��,• ._,. a . ��.t" _ r�•� _.'.i.'�l�+:�+x: . _a:1,i..i.. �'� Paymeat P�rstiant tn Mem.Ecipal Boud Yasur�nce FnIicp. AMBAC Indemnity has ;_,�'� m�de a commitment to issue s� municlpaF band lnsurance policy (the "Munictpal Bond x�� ;= Insurance Polic�') rela�ing �o the I3ont� ef€ec�ive as of �he date of �ssuance of the ''.�� Bcauds. Under the terms of �he Mttnicipa� Bond Ins�ra�ce Palley, AMBAC Ind�mnity wi1� "��'� pay �o the United States Trust Com {���� �any of New York, in New York, New York or any '��4„: successor thereta (the "Instuarice Trus�ee") that port3on of the priacipal of and iuterest �`�` on the Bonds which shall become Due for Payment �ut shall be unpaid by reason of t !��fl. �r�'£ ;;�;, Nonpayment by the Clty (as such terms are defined in the Muxt[cipal Boad Instirance '�''� �° Pollcy). AN�AC IndemnIty wIll make such pgyments to the Insurt�uce Ttvstee an the ;��,; ;, .�, later af the date an which such prtncipal aad interest becames Due !or Payment or wIthin `�'�` one bus�ness da followIn the date oQ which AMHAC Indemnity shall have rece�vcd ��,�. 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' , . • 1 . � ' •. � . � . ,;� .•t�' . ��':. ' . :i . . _ . � , r;'�. ' '•I�� '. �t; • � . i ' . • , 1 ' � . � , ' . • , • • �; �.�5 . ,�.2',� •� . � ' ' • • . . , . . ' ' � � . , , '.� � . s . , t ' . . ' � '. . . ' . . �, `. � � ' •�t•�� II� I" � • •.�., .. , . ' � . ._...�_...._`......._.,....._. _ .. .. ......_..�_.^........_.._... _ . _......._._._...�.�....._ :s . i ..^�;,}'�..h,'hi"�',=�: �4i:..';�.rL��:',�i• . i + • , (. ;.��;'}' ! � ' • , , 3 ' . �.� � . , , r.'(�•' 'i:k' z�.'��'1`��*�.+`�'�•y'r FI� .�. �..:1 �,.r. .«"' � �� .. . . .. ,!i-. � � . . ... ' .. .. : =.?"��'�F�"sif��li:j�K 7,�° t. .� .' '• ,�':y y �^ n� �9 � � i ��.I � ���. ; �' � , � .. � ,_� t��s��`-�� ��l�}���r^' ' :f,.. t�, .� t . � 'AS' ��"�4� ti' , i".� 2. � • . • '.•F. �r� �GI,^,.srii!., �f^��h4�' :�. ss: ' � , ' •�. :l F .. � ' ''� i ''^� �����..'}::.n+.=s.5�d {4�1: 'I • " � :r.�Y't�;t,,,�St`%i� t,� fis '�;.r,�r' `�' �. ' .� . notice of Nonpayment from the Band R gistrar. The n {�:.•'' :��'`�';xtf���w ��<' e insurance wll] exte d for the term �.=*F.r;,� ,.,,,;;„�.,��, '1 ' : �. � ';r � . � ;,+ . �� }�"�'; :,: �'�" �; - , � ,,�+� ot the Honds a�rd, an�e issued, cannot be cancelled by AI1+�AC IndemniLy. ;�,,; �,..ti �;'� �,,; `�I ? ms�� �i ' i - , ' :� ��- a: �%`i. �.- `�i�,;�r .s� . �.'�` �,.t.',y �,,��i1��S,�3 ��:. �'� ;;'� .: :� ' � � . . ',: � � The Municipal Bond Insur P �i Ill n ni x ' �,'�"�; .`..� . `�'~ .� ' a'r�il: `'�� ' =�'� ,. ; ' 8riC@ Q Csi W �IISI1�Q �7c1�e t Q 31 OIl 5�F3�� IDA�ll��tij7 i�"4,`;.��t�:7•7r.a� #'�t', � �, r :..�., r � , i '� ;,� �. r ,. -,. •:,` 1 dates and on mandatory sinking fund installment dates, In the case af princtpa�� and an ,�s�� �R�; =;,�;t`��;�• �:�`r�,;:' ``�„ ;_.' �`, f °' �{ stated �ates for payment, in the case of interest. If the Bands become subject to ;:�f �`` ��'���'���° ' � , '.t;i. � -. �i�r::+�'' °' ;�� ������� ���' • ',� j mandato redemption and ins��ffictent funds are f �'`�.�, `;�'. � f� ., � � ,,.,:: � ; , ry available or redemption o! all •;.�:�. �.��6`��a'� �� ��"; l.i n E•'•;^,,� E�1, �j 1�.� e,�' �' r��� I outstaadin g Boads, AMBAC Ind�mni t y will remain a i� l i g atecl # o P� Y P r i n c i p a l o f a n d �'����;�, .',? :`�i_ :; k': ,:` ,:�t;:; '��,:, 1 i n t e r e s t o n a v t s t a n d i n g B o n d s o u t h� o r i g i n a ll y s c h e� d u l e d i n t e r e s� a n d p r i n c I P� P B Y m e n t �,��"y `�� Y �'' -i=����: � �•s ••`: ;5� ��sf;�; a;' :a: Y ,'y�; `: � �:I dates inalu mand�to s fund r�dem tion dat 3n i '"� r , �>v ;�; � ° ,�.;:;���,. - :�•,�. � rY �g P es. ti e eveat o� any 'ti,,���� ,..., ��y ; �:.s.;:�,:?.i�F'� �� t`�� -'��'�,o;.� acceIera�ian af the princIpal of the Bands. the ic�surecl paym�nts will be made at such :,���z�:.t��� ;� y„ .'; ,.;,,,. ,�,;;, :�; "�,``.; �.,�;;�_ �:•,���' �� times and in such amounts as wouid have beea mad� had there not been an accelera�ian. �� ��"�'�'��� �' .`� �. i:� .��,�a:�,•��' a;js:;t :c, :�.+t•, •; � �� � : j ' �;; (,C�i� �� ta� .�'r, ..�.� :�r �F}' }Ci` � ':�: ''e^^i: '.�; 1':. i: t. `M J . �''i". ' y � ' A L}'i; ,Ftq f . >'^ � " ' F��1.?' ;:�;�� •',i: . �f ;. +' ;tl ��; t = �; In the event the Bond Registrar has notice that snq PaYment af pxincipal af or ;���� �`' ,. �, � �� .���� �. ` �'�'�:;�'± � }�� � �•� � ��;: , �;.;,.�':;�;, •.,�_• � r;�,��' ��_;`: �;�;; '� '. iutarest on a Bond which has become Due for Pay�eat and which is made ta a Bondholder �y�,'t'"� � 4� �. .. .t ..r ��,�' : ,•' .;::, � �:;•� •,.� �;',; �°`:.� �<';`. ;�;�;�;:�;, ��.�,`�G;�<,`t" �,",:,��; }:';`.�:' ., 6y or on behalf of the issuer has been deemed a preferent�al txansfer and theretofore p4L� �;` ;�� ` ry: ����. � , ��Y., tfv ;5:���t�_ �r��i �'�.r ' s,�^::;� �,;'- � ��''�. i:�.;:'�:, �.. � ,', recovered f rom its regIstered own�r pt�-su�t to the United States Bankrup�cy Code In t,�t ��� F�'�` ; '�;� .�"' peala urt o co petent �urisc]ictlon sur,h ��., ,�� � ->�� ;,,; � ;,_ . � >,�:: :,� �,.�' � �t.�� � '�fr�'�.;: , ; . fi ��>,�'�::", `.,'a� °, ��.'.;;�;��.x.�=.,.:,,,': ;�: ��°. accordance with a fiaal, nonap ble order af a ca f m , ��,�'�� ������r =� .;,� .,;s7''���'�'� '� `' ��-'-' =:;;�_�;,��� _`�`'-�'.;°� registered owner wili be entitl�ci ta paym�nt from ANIDAC IndemniLy to the extent of •u, ���'• ,,,.� �:.� ':,;'':.:��';�';,, "� '`�'��''�'°':°��''a,�: ��•'���;%�'';��.:: .`� such recavery if sufficient iunds are not otherwise availat�Ie. k�� '�� " -y'�.� : l � ' ��: �� . ..: . . �' �.;`� i . t'=,. ;: ,; �.:. , , . .;: : . ��. . : � ,�, �t , t.�+,. •:,�:j'�. �., .,,.:,.o���'' ��'�;-:� :. � : '.��t�� � �.s,, ,s,���'. :'.�t� '�r..e�`�� '?:t;'r-'..f pi . •,,^ , n\.�'� � j �;;r��Y;,�:�,j;;.�,;<,E:��: �:�, :�;� :,_: ,:��� �'• The Municipal Bond Insurance Policy dces not insure any rlsk other than ��a,Ar F w,���;;�. i �'% ��"'� �t,! r.: S. :",:: � yt��': �;`, ��� :,5�° .,; Nan ment as de�ined in the Po�t S cif ically the Mvnfcipal n :1�. �� "�• � . . ' �': ` � . � :: �: l�Y � cY• Ae � Ha � In�suraace Pollcy �''' � �`i� �� �.,"i';S� .'L J:`.'��a:.s� Ei.'I���t�i:�t•..�'•�:��'�:..IiJ�i.�'r,; L {, "'.,F'.I�r��,ia' }.t..:�:iE �,. ,. ,:�,�4:.::� daes not caver: ����{} �'�w �. �> �'.3� "j,:l r';.• •,l'� F .�� ,-!i" i�:��� ��.' f+�.. j� YA 1 1 �F1. :. .Y1'.;5.� �'J l .�"� .. ^..�3''•e.'.�, k�� S�•�ti' `' I1, 'J / � : .11��=•� . . ;�1'.f � `y 'C"� 1 Y����'.�F.i���1�Z�� ��.• �>3� `'"'•:'t�9•,'••� •N��a�'e 'l- ?"f�:� I ;,�;'�,.' `��:'f�:�<;`.�,s.� =K, .>t�,;�°:-.� ',;�.' -`��,,� 1. a ment an acceter on a r �,,�r5�,��`�';��-�,; f �y,� �.'•�.- : �� ,. '.?�;�� ,�:y-�' ,�:�j; � P Y ati , as esult af a call for redemption {other ,�;,_} t = �; � . .i' „r�'�'�, 6r,e; �'1`.. ' , ��� � ��t-,-��'���':Ld:��f�`�- ;,,;,:.`� ��:��i�.�:', 4:`'j" • than mandatory sinking f�nd redernptinn} ar as a resu�t of any other ;�;-�:� �'�w���," :��,; �: ��,h -;���� .,� ,��; z: ;:� � � � ,::�_ �',.,..: ..�t � adv�cement of mat�i ���4���'d�,��� �•:b: , �.��?:`'a�:: `�,°,','-�'"ti'' t�':" "'i: : 't£:[, r- � ' :'y; :';i'� �i. .;i.�r ��t,,.i'!'�� �� �� t .'�`' �. �v�� v :, }�i��i.'�„.' �5.•�.��:.4" Z`• � �{'� `,s *S� .''�:i`k:.,.ka . :+!' S ":�.t':)�, .'��tNa1 i'�..� �'",,•� �C.� � . '•�v.�i:` �'t,i:. t' � �?�;;� ��i����:'�'��F�1: . :;�f�4�,,:.���.,�:,,�:.�.k..•..;�,:� ;x;. ��.�,,.,. ;�;�;,.;���, ,;:..� . 2. payment of any red�mption, prepayment or acceieration premium. ,+-�.�..�� .�'.��x�. S��S,� .1 •;J. 1'j:�...� p s ;"t .?i1.:�,. : t�i� � �0.•'^1 ' ��,�i;� �.':r �j,_;,�- ; �ii,'>.�• .:y.(.., : •�� �'i°`��"k?+ '��� 5• ° t�-�'� .`y�:.s'`��� .i� ' h_x.a's ^ iy�°��R1�'i�'a# �'k-�;`�.' ., ,;�,` '� ,etir�� >:k��:s.�,; �;,�r�� �� <'°��'�:����� 8. non ment at prIncl or Intere t y ''� ''���"� .,�-' � ��.;,,� �, �.�, :��, �, ; .. �,,,� ;.: , � : AaY P� s caused b the iasolvency or Y,t �~� w �f - ' � k' .� L .. ''S'f' �fa ^ ��y?, �. . , +'� �.5: � � " � � i��.t i� ��. ,Li' a,l.�K' �. �;�7,,;�.;��Ft�;`;�1 ,�c ..-�1 - c={ ��.��t'; ,�` -,.` AegligeACe of aay frusti�e or PayI�g Agent, if any. �;:�;���al��t�t�¢�, (Fr�:� . • '�.�4f' f S.L:, ���.il�S��l'r1 }� . . ! ' ii:� k }'i F.'S��� 1:?tii tir�r,.%�t' :� Z �•�£.i'�E•�:�r�.�:�,'�.': .�'t°`" S. �•-��� t_. ;� �I r.^•iL • �';Es:�l ` !�Z�°;�,;.'°� s.t � . , .��� � Eaf.x�. �,• r ti .,�' �ti.� .- s. �.: i . ti; �t4� tff�� 4. {,,;,�� ��1.:'. �«.��,^ "$ S i'.S.F �.t . ,� � k�r';` ��,t�;��� , �?���. �,� -" ���• If it becomes nece , . �:,�-F. �, ��tz�� �'���{� ��`,�„ �y .;;' ` ��. ssa�y ta call upoa the Municipal Hond Ins�ura�ce Pol� ment ��::��,=��#µ�i_ ���j= ��. � , ir f. �°�; � t. '7 ',:�..,�LL`ir: �� �y ;. t�,�Y f�,°"iA3..s;t�3';3° ,� •�f�l;�.�, S�; �; �4���° -�3:�,�;=� � �� of rl�ci r c�ires sutxender of Bonds to the Insurance T s�;�- r�u�•���z �' � ,.�.° . :�: . P P� � rustee t ether wltli an •`, �:��i: ,�-, ,,: ; ��✓�vh5, K c:,,,ti,f r�`i f•�_'..,._;';���..,.t>��•';;�: 2'.a � � �;f`�a•;':,:,": �:�'�.'�. � 1�;'��:�'f��� s� '{.�:: '�s- �.:. , 4;�,. �� ;°s appropriate instrume�t of assignment so as to permit awnership of such Hands to be t���:x;*'�'� �'�Y,i�- ��� i r� "� ti ` s::��' s�'.,;��:,_.,, ; '.� � �-:�,.,�r:; "���i��'`� �� �� ��'�:1' �'� s" � �' re ered ita the name oi AMBAC Indemni to the xt n �''''�:�����'`4� �Y=x k {: �,�r�i�i ,� �+�-r� r ��� °t�,ys�;,.`�=� ��'�+�'••.�+'�;. :':: `.•, � � C � t O� tile �?Syment I1IId8r �}1C al:,� � �r � a. �' q �r �' � r��Ct� 3 t1�t t�Cl� i�,-✓� ' �n,:�. ;,.i,_.,. ... 'a k s °Y:' � . :���:� ��,.. ���_.��� ,,��_��;�?,�: ��;,,. r r�:: �.;;: �:7 Muaicipal Bond Instirance Pallcy. Payment of interest purs�ant to the NlnnicIpal Band ���,• �' �,��: .�,�''�, ``�^a... a s.� i i: k��i;..;i, `i }+f is. � 6-j'•: �i ��S )Y?i i� t \���i.. � i � 9Y 4.U, ���'„ . � �j� �'��` ;,� �, �; ��i�:�'� ��;° %r�� � ��?.x� Unsurance Polt reqteires pr f 1 1 paym ;,;�,�' �-��Y �y k4 � `-Y.< ���;;E �_ }� t� .; ��.,�.,; J cY aof o Bondho der entit ement to Interest ents and an � � ,� =t,,, '; {�,' � 1;�' S• �,;r� a'�C F+`r•, ; ' ta�'•s�� 8 ro rlate ass ment of the Bandh 1 i T tl �;.:=C' �t'i�„� u�5 �. 1."� ` ._±-;:�.4�'� .�ss:..:t� ...,r.�'���5�����?:.:...;:,,:s,�w .. IxP P � a de 'S ig t to pay�z►ent to AMBAC Indemnity. „�;:,.���?:;���,��,�'�,�,� , Upon payment ai the inst�rance benetits� AMBAC Tnd�mniEy will became the owner -�;���'y-��-��'. `'�4�'�. ` af the Hoad, appurtenant c�oupon, if any, or rlght to gayment of princtpat or �nterest on �;���'� �`°'�� �. svch Hond and will be fulEy subrogated to the surrendering Bandhotder�s rights tp Nr.�� ; �,� �,�' a PaYmeAt. ��?�,� ` � t �� .�`�:;��� �, _ g ., -' %{�sk'�t��,}i`'��e' , ', a 1 t :•, , ;;+ +3',�: :yy ,.� 1��.�► \ � � � � � � �� q- F�rY.I'^��-.� . ��.� ` . . . .. . . � • . . .� � . . . , i.. ' .�� � .. ` . �1 . .. ' ' .. �: _ . . . .i . .n .c>,um. �ir�/ J • � � , � < . • . , '1' w ',fs�.l1.. •���,F� �Y.'?t~ �`."°'�aa.1.;5.': _ . ' ' � . . . . ' � '��'."��i�;.'i? e. �'`�:i'•'1'.'�ils� ��4�t� �� ���'L!.-i;.;��, �f.�y, .a J.r.i. '»S 1r'� i` � . . � . � .}� '1^ � rt,�..��5'y � d�;���� '',e s. 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' Yn cases where the Honds are issuable in k n -:;��r;..••;��- z,.,;;�� °''�� `- boo e try form, the Insurance Ttvstee ': ..=;.;,: :�.: � E<`;�'tik�,� �,�s7 �K� � 1 '� � � � shall disb�rse princlpai and interest to a BnndhoIder nnly trpon evidence satisEactory to "°:5:: �:::�t`'�;'�,�'`,�,�'`;;"���°=�' � " � ' � • ,.. , , � '�''•n•:.'�;• ��J�•.:.,�-,;5�°s�* '�n` �� � the insurance Trustee snd AMBAC Indemnity that the owaez�ship interest o� the �;::::, .-�,.� ,..,F y�•�� �I .•j � �1 ., `,�I^' . t.� �p ��y 1 ��';'.'r..�. ...LP•'`:�t.f�'•F1'�v�,�. � " Bondhalder in the r ht to ��ft�ent of svch }�rtnci} 1 and interes� has been effecti ei ".' f. `.".,�:°�°+`� tr�''.z� � ' •: � � .. � . �i !^'�J "' i' i^� ii 3% •�.'s. f� �i :i'..n • yy t1�'iv`$' ' �' i{� � :-.I :Y'�:w ''' ,, �ransferred to AMBAC Indemnity on the boaks maintaineci far such p�rpose. ANIDAC ;:;t.'�� �<:}�.?.��;�'� �" ���• � � ;� ;�, s� . �,.� - . Indemnity shall be f�lly subrogated to all o� the Sandholders' rights to gayment to the ,`��• ;�4':+��;�������� � k�� � � . ,-, � � •,. :, ., , . extent af the insuran e 1., m n m �r''� ��, `�,�r= ��� ���" �� "� r:,. � �: `- � " 1 �' �UuiS$ Q � $� BaB. ♦'�t� ,�h� � �r ;.Y ,., z' ; . .. . �..I �;��{.�,�r.i14'�'»"�.�,�. fn �7 '^ a Y_4• �� �I ,:, i. . . ^; �: . . , F,:i�J1i fl.�' ��1-�'� t� `��,�;� 5, �;� ',' �,���. The Insurance provided by the Mtuiicipai Hond Insurance Policy 3s not covered bY �..i?r��.�rz�3� ��,���, ;� ' , �� ; , `'; ` � , ' � . , the Florida Iflsurance Guaranty Association. ; �:�;?; J ,, .,� � � ' � . r'�' . • ; ;? :s�� t� ��y�yp�: �„ ' ' . .�J.� ,•�'• _ _�`. "l. � �� }�'t j�3�W�� ��`�:` �;.� AMBAC Indemaity Corporati�an, AMBAC Indemnity Ls a Wisconsin-domiciled �ock 'f ���� �.�,�,���-��,� ,,,,����• ,, �". �. , ':.;i;-M.4',w. ,,:w�:r3 t ' �i ��� 1 insurance corporatton regulated by the Tnsvrance Department pf t�e State of Wisconsin i�.�t'::�: ��� ����� ��°� "�:,�' . ;�i.Y,S!�j.' ' :.� . �" , ���,.-�n1�, ���,' .. f 9� y"a ��S.;i7;'•�{,r��Y�! ��� ;, �,;'r .,;: '�;'�, " •, and Iicensed ta do businesss in 50 states and the District of Columbia� with admitted ="j:;b�'3t � y$�`��?� ��`" ,,i���.� :�y .��i'r�'- '��_ , � assets of approximately $1,259,?OU,QUO (unaudited? and statutory capital of �.��':��{'=��5="�'��r�.�����r ��� , � ':t��'. �t.;`' ' ',t ��w ,?'' p ' � � � ,.c; `:- ;a';�'. , aPProximately �7�2,200,000 iunaudited as af March 3i 199l. Sta .�: , �,��,;"� ��= ���f�� �� �i ': � � ? . Lutory capital conslsts } j,ti,: i�. ��.J,, �`;- f � � � ; � . � ..;'.,:.��"�';,` ,��� �'. . " of AMBAC Indemnity� polIcyholders'surpius and statutory cantingency reserve. ANIBAC �-:;�`� ;�h�'•�:a���.��,- ����` � ; : ' y. . ; .�r +. x�. � �'.` i • - ':,�. :',�'"F•;�, .z:�. • Indemnity was formerly a wholly-awned subsidiary oi Citicorp �inancia! Guaranty �:��_' •��'�'�' - }' ;r+-� ��� � „_ . . . A:i:,:;;��y�.'.. '�}� . H ldin In t � '����'�`?�•� �a:� .�: r `'-" '�;�: ,�,,.,,. �' `;= o S�s, c. {' HoldIngs' 1(formerly l�own as F.MSAC, Tr�c.), a financial holding companY '.�; �% ����;������,i�'� �. � °,` ='�;t,�: :�y`'=,s'�' ",`.`' and itself a whoIIy-owned subsidiary of Citibaak, N,A. ("Citibanl�'). ' :�=�� ,�+.��.,�'�x�`��;`�"�'�,. ` ? , � l .�" {,-� , �F , ` ;�4✓G. �; r.� 'L�'i..`i`f f',��:, =r�''" .�fa:r'r�`��^;,�`ii�i}t�.G,,�j:��� ~'c� T �a�,: ;•f=','� , ,'t' �'. �,t : ���� �L�r'vs��i`F::��P�.h{�'..J•,/��}, �:� �-" "�+' 'i ••„`' w•� ' 'Y ., � �,��. YJL� 3�/^•"jl,d� S :_ ``�s ,�- -;_,.. . On May 1, i991, AMBAC Inc. ("AMHAC Tnc.'}, a financial holding company recently .` °��_ � fA""�, ��T `' s � M f '� '�'`j' 1 �'1(� 'r �Y�1,i�, �•��,°. Y�'j''. °�!`:''5�;.. `:y�.,.'?;,��,•�: .�r�. .��f fnrraed by Holdings, registered for sale with �he Securities and Exchange Commission .`�x��:��.�:��M��.�'���,�j`�� �;�, 1:;;' :.'.'r:: : �,� ��?: �: � i „r;:'�;: �'' . i..��� �,� : 17yfi00�00D s118re5 of Its commotl StoCk. The regis�ration statement wi�h respect to such •S:�`'�::�F'`.�r��,,��.f�- .!'� x" �i .: �` ', �c�i' '�'°.:i+':�'1 �:� ���;5�-~=,.��,,��. �.�,�,i}- , :t,.a: �' ;.ri:; :;ti; ;' ���_ , sale was declared effectine on 3uly I1, 1991. As a result of the sale, Citiban�c, through :..;s.-,� ;°: � 9�. �.�,�;�<: .. ,:�,.. ; � ';`>� �r;� ,.,t:'�=,,- =.^i ��;'� its affillate Ho2din owns a m�rimatel 49� of the total uity aP ��, ;�,r�f,;.. �4„�'•; ;�.::; � -;w. �.. .`��". ,��f,� ;� :� x-�.. .�3; i�,ka�_�::� SS� pP Y � AMBAC inc. with `�, �. y _�;., ;�;��'; ,�:. ;�� tV + + ,�;��: �..;P �F�^a,�,t-�h����y., 1. ' .r> i ,5' 8 ri ht to cast 20 �i tb Il �.v!,. ri 1.�A "s � t�rt: •� i.,, 4 � � S � of e ial umber of votes oi all stiares of autstanding common ,.,�� -,> ;�,, a y� .:�4::i.� rP'�._1•;�.'. : i � �' .`,x .�l'. .. v: �..�:�+sJ's'^^'��:�,� -: �,�: :-��;;�: ;,�;,;�'- �,�.f �`.?,'� '��:'� _` '.��� stock of AMBAC Ine. until such time as Citibank, including iis a#fili.ates, reduces its •�=-�;,,.�,;��� ;s�a',�'�,�yt�'`F;'�-���s,� , ��r���r':<<'` �:�s h;'�' ���.`�'. equfty ownership to Zess than 25� of AMBAC Inc {at which time the shares owned h it � ��:.�::-.;,:,ft„z�a��tkx�'f'`F' ; i�„ �A�;; 'a '_ � � Y �."_-. , z-��. ��'+FZr���'�r's�, ;i`�::Y'� �r� ';"'°��i�`t s;^'i�"`'°'.`" �CQLAe AOAYVOt�II As of the date of the consvmmation of the ''ra��'�•3�:��'�"�"'."��`���#^yf'�- ,• -a�'r..� t,r,.�.;e.� .t•.'t,.��i� ;�;�:�:,�. I�S�• SA�B U� CAIAIIIOA StOC�C� �'��.' , ,. �-�`:4�r� k'::�'}`,j; `;F�'�=: '_,�_ �;,,�.:',,:;..::�� AMBAC Yndemnity becomes a tlirect wholly owned subsidiary of AMBAC Inc. The ��;:, �',�`�;'���`;`;'�� �'-`'z""�„���;��� 7 . �= r�. � '� i;'. ��, ;;�;�..:�s}',�: ��i,�'• ';� Wlscansin insurance Department has stated that the sale of common stock described ��s:��';4�:�'4��¢�����,�.����';k�,�:;'.-•, y '. ��:� ' � � ��- �.� �, ' ;'�1'•'-:J.;: ;'rk` ,'�,' S'`.:'t'.����t' �� �2«tt�4:.^�... ,,,..::�"t-..s�'ti:.4': ;t^���,:;� :f�;} .','t; �;,�°�:;.r�t4 G.'t,;� herein does not require its prior appraval. Both Moody's Inves�ars 5ervice Inc. anci �:���:�,:,�-.-�,'�r � C�ia>: } ,;s':•' .::� �. �+ � :' ;1, r„� r '..�� r�, e.: �`:� ' e ' i�!y �r'_��. ,�1" i.'�. i' �i.?'a•,y�';1,..'r' . .}w...�; ii4,�.a}". �:f'4�'i �?'. �•�•��r;� .T ,-: ;i :^ �1�:•.. ��� � •;�� oo 's Corporatioa have reaffirmed that the stock of �'"-�'�z:�.� � ,:,` f, �3,�_ ',. . hfab 1 ;: '� Standard � P r sale of the cammon ;�:;.' ,r:�r.rs•.=�a� ,; �.,, ,x�'���. r ���� i���,. r�,;i.;::y�E•, _ • ��:�.,::f: �� ,�. � „�: v �.�r , � , � a�'• .. > �,: � »`;��: ,.. �'�i";� � ��;�.,.�� - ;� claims- abili r ai�..t�;.:l �,x�t� r� .. ... ,�.?�:� ���� �.;�, ''�''':�". AN�AC IIIC� dces not afiect AMSAC Indeaanity's triple-A P$Y�S tY ��S• '�'-' � r,:�;t,iF:'` ,�=i.��=;�+�,' ��.'1 ��-: � t, t . l�. t' `.�'P�� •:'i' � ,,,<. r/t � s 1`. 5 �'. 1 r�"':S�-,'f`i! �ea FFt.�" aj..-. ;i'e?.; .r,��F'��>�.:�•,yy :,yY. � f� 1 r z.� � j a.,�,.ji ,` . 7 i� y 9'l k �=,.Y : �J ��x�' t:y,u • 1'�u�i.�,�, ,���: � .,•:• �:-a:,,�J;'^, �-•, �,.,�f;;A4 t,4 :� °;�,'��"' °, w, ,;�u � ..y �;:,., �.`�.. Co ies af AMBAC Indemni 's financlai tat m n ��;� ; �n;��� ��.- . :�:y , �;�,� ;� .,;,<F •:�,,:. P ty s e e ts prepared ia acordance with :; . 1-„ �,�, �s ; �k:� 3F. ;'t i; 1' :�i: 5:�:°,,v�.: -r: �.t x' S,�, �`r}?r.! ����.�,.a;�_S�l:_tii�:'- 3����.?;.::�Z`r, ..��•� ��:�H�•Fn1.i11''.5��2?�i:,.ti ��?�" . - -� statutory accountin standards are available from AMBAC �ndemni Th dcir f ``� �~� ~� � •�.�„�,: �;:�?�x. �,; � ,.. ?�:�, :;:; �, � �:f;� ;.�� ~. : � � � ty. e a ess o AMSAC Indemnity� administrative offiaes and its teiephane aumber are One State Street Plaza, 17th Fioor, New Yark, New York, �OOD4 and (212) 668-0340. ANIDAC Indemn�ty has entered into pm rata reinsurance agreements under which a percentage of �e iaasurance underwritten pursvant to certain municipal bond insurt3nce programs af AMBAC Indemnity has been and will be assvmed by a number of foreign aad domestic unaffiliated reinsurers. � ..g_ � ': ���'; :�:,. _ . ,�,: -_ � �;� .� s �� b�; '�, � i�, � , � L _ � � • �,,...i iti r.;r r;....4�,.:: o.�,q-•t...c� •..� ��:: ,�,,. � , , . . . . . ., . . . _ . � , . 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' . . . . . .. .. . . . . . ._..'....�.�_ �.i �. �`rs.•t�,�;°,> t��r;+��"��� �tf�j• � .�., • % ;i° `i�, _...... . .� . ... .__. i,/. , .r' �,� 7,;:, e"!'�.ft~r.j.. ;.,' ' ,'��'' .i . .� . ��.�'�ir� �.S��.S '% �.��� Ck ��'d h . . ..�';;' •�7 �}`,'�4 1"'. �3'w :i � . � 1 '� � s��, I,�1,: r� . ;3i>',� i: !''�� �:'.�, ' � � .7: !�n!�+y �: ;�G� ;S'. r .r�: i . +.��i,.i''"���,�.i_'�Y �"�;'��e� "j4i�� � �:t� ��. "3 '�",,-�i.�.�-;�.�f:^�:t,'.7.r';1:E�31`'+T�ka..�s�t,zw', 3swSfr . t �; �, . • �' � •�,s � '.re.a�Ei�rM! 11r'fi! �" h. ♦ w. ,.ay.! gl�,•; � ,�'rv'. '..`,'e'.y:�_ ., ', ' • -',tti �X��r�r.'����i!.r��.'�r �%s��3'��.. ,' � • - e' � y»' ' � � '� `i e �:' ^� 11I�' 1�' � C.'?,� #���J�.e��7M f` ,�"�`':. a.'�:. �'- ��; ' ��, �" ;' #'�;':•�ary V �,i�+, s r.:.�'!� !;�]•��• '1' .i...��.� - I' ` � �. o'!.� w i.':� C1' � (i.W ..�.y�`1 , P� �, � � ,.��:'`.r4 ''1�., f,� '��i:,`. 'i.,: t'+, i � 'j"d<'�JJ� r w�� �*i '�. �' • p,l:a ZK:�I�'� r.•� 4. , •.;:y��Y :.t�� .,,.,�: ., AMBAC Lademnity has obtained a n�ling from the Internal Revenue Service to the .':`;��� ��'�����;� r��r �,.: � ��';��4 ��'� �y;��` ,. .� � effect t th insuring of an ebligation by AMBAC Indeuuqity will nat affect the `.���'-'�;'��'�''�� ���:: `�s• Y,. ;t:��t. �' `.;i�, ..� . , : r � : � e :��r ,� , �'�. ��� � �' �� �-,, ;��,...� ;, ��' treatment for federal �come tax purp�ses af interest on such obligation and that ;,,� *��;���r, ,, � P. �,,. � :;,;i, :rs"f,` �1::.,,�;,:,� '+�' .�ti•� � insurance proceeds repre5eating maturiag interest paid by ANIDAC Ind�mnily under ;��'s���`�` 'a�`u�� �` �" ��..� , '' ` ,�:�:�.;�,;" �s_-�:�.; . �' y � �� �� .�• �<`,'� :�� ,�;.:: ;�� �;;..:��, �,,';`}; I���'9 Prov3sioms substanttally identic�l ta those contained in its m�niclpal ixmd y.�,r'�'�.,��t'�;� ,,� 11}: � +i1�' � N �`}'1S�:w.r;,' ... ' '� ! ��TT . � �;;�,`�:� 2,,,_� ::.'.::'.�, ;,, .: �,. �,�.,� insurat�ce policy shall be treated for federal income taac purposes in the same manner as :,,.';�n.'? .:,�'h�,�,��,� ,°��,' !�' .�j-:� ;�, :�. .`>'�-:�: .:. �: : '`:' ; ;��;,; � .�;`, such pay ts w ad y ��� gs�� � � � . � �, . �� ,� ;�;��� ;�, if inen ere m e b tlie i�.suer of the Bonds. ���i�-t��z �� ;�. " �:r,�;fr{.'�'',,c'.•:?..r�� �:;:'�';;;;.t:�....;�:.- F�?�� .Y;;.� �� �+I k' +''Y,�' I�� ' t � `' 'rt�: i:�:' :" ��a:; �. �'t°.1.;. , :,ct.:.e.�. h 1 : r s.� :�. r,<��;,,,�., ,,�Ae.�"�� .>.:�: :,;; AMBAC Indemnitq makes no represeutation regarding the Boads or the advisabillty � � � A �;. • ;t���, �:�.�; :: ...; w . ;'A��,. , � ? •I ��1 � ': �'I;i,:,;:Y `�;��' .��+�� of investtng in the Bonds and makes no representat.�ou re8ardtng, nar has it participated .,,;�:�� � {,� ., `�,�3: � � ,��,i,�, ; , � � `',¢:;'�; '.;;� u .: �°'; ��.:�;'f ` ' ~ ,�:. ' ` ` ',.. ;: `��: in the preparatian of, the Offictal StatemeAt other ti�an the informativn st�pplled by �i �� ` ��"�,,,,'�"1 �,• w,,;� �a, � " , ; '•�'F.: '�.' �•i. � ,'�: ' � ` r �'• r� q �.�''."�k>'x.��, t� n � �t j�; ,� F :_ ��f..;w; •r, :. :' �.,. :J� °. � -�: , •.:� AMBAC Indemnity a�td presented under the headtng Municipal Bond insurance. •��:,.��; r �'� � s, �,� /'Tj},r� , . ". r,il .•N' 4'��L%�,�A�i'' � �� 4 ��i� '� �� �� , �•�',`•� v•v�� � t'r..l;;' yt.:'. ' a1. �� i�i �.1J �l � ;� :; "� k�E:;: �';';���;��.��'<t;;;`%'��;4:'`,,`' THE CTI'Y OF C�BARWATSR PINE AS C Y ,�,..�'�`�`+ �tr� . . '� ;� F.,�, .•s;, ., t,.�,,;. AND I.L Oi]�NT Y�� �w��'� Y` ,�, �'. �tsYS. ':I � • ,� . t�e�.-'i��� h „ f,n i . .'zi' F'r• � f�t w. .�Mrt �lti :is ..E;,.. � $1 �y�'+. ti � 3 � ..,�'' ':k.�: ��,.;'";,'', `':%+r.' ,.,.� i�,�'��t. �E' � ; "�;;:;:;-��; ti��:";: 5:.. .7.; Th� City af Cietitwater the County Seat of PIne2las CavatY. �s g�'�P��Y �•����'�• , . • f• .�ir*'• ��• � }',Y' , ;, i� v � ':�.. -!i'a`'� i : 5� � ' n �C n 1 �:-,�; �-; ;;���:;•..:.,,,,;t°: �.�^;'`i�E;�_':i� ".��;� locatec3 In the middle of the west coas� of Florid� an the Gulf of Mexico. It is situat�d ,.���,�`�,�,�, �� �+ ,� �.• � �x!I ' � ' "i:'t i:.: .._i r.;';�, • �':t,�. w'e ; ,•�_: �::�;;:�:: �,':�:':�.��- .,�;,��.?.': .� ;., apgroximately 22 miles west o� Tampa and lfi mi4es north of St. Petersburg. Standing an ��; r� �»�.�ry� y ;�� i '��ti�� ,'^- ,;: �.- t" :.' E ��w�.�-`;"° �'r; `� � oom rise a roximatel 2-1/2 .� � z�. . ' .� .,� �;��'• �;; :1�,.�<:;,,�;�,� ..., a,=:.: .�• the highest coastal elevation of the S�ate, the C ty limits P PP Y 3 � 4f * �.; r,��.: ��� ;:;,;;1,3��.Fi�+ �.1�1 •.�,i�:`'��3'�� ��':` uare mi�es inc2ttdin 8-1 2 ttare mlles of waterwa and lakes. ';s:3f;t1 'f� �=�`�.• �,-�'$:. i :�- ;� � .�...: �! � g / 54 3'S f,:,.. ��'3<<��.i. ,,.. >,r',�;' '�t;;}�wr;��ts> �°�ri 1' � � � " � ; "- , �.i`�': , ^`.C±' ��e,�.i};��4.�Y�:AS; •�`, ..•}�.} �',f�iE'�:F;r:'ii�v =:�."^'r.�' fr�'i''°:rr::r;:'.cR'.. �'r^f : �:.._,• �; � ; ��: ���', q�r, ys,-�)' S ��, i.�'itY.7,�. . �1�,.t.Y,;,',n , t .t r:�:i tr�' � . . � 0 Ciearwater Beacii, a corporate part of #he Ciiy, is an active beach cawmunity and is connected to the main part of the City by Memprial Causeway, a four-lane, toll-free tirive stretci�[ng almost two miles across Clearwater Harbar. Buslness an Clearwater Beach is malnly tourist-oriented, with its hotels� moteLS and gift shaps. Many fine hames, apartments, and condo�Iniums offer pleasant, semitropical accommodations to permanent residents and winter and summer vis�tors. The 1989 papulatIon of the City af Clearwater was es�imated ia be i02,fi00 persons� ar approxtma�ely 12$ of the Estimated Couc�ty papulation. The fallawing chart shows the historica,l popuIatifln ot the City for the ten-yeax geriod 1980�1989. � 1� - . � . f. � . �.,�.�--..... ._..� , . -- ... � ,. . .. ., .. ,.. � • ' ' \ ' i ��S '<';:�*,�' l :�'��}77L' S'e�t�'y"� ��.,,: �-��' �F� �?� .�: j:4r ;� ;,r,S� � � : i;tx�€ ��`��,w . _£. . � ,.;•e.�``,�i f.y Y. �7, Ma Ly �•.� �. i ;; . i' � �a � �� _ �� � ;L � . ��` : :: ; ' i i ��� ., `, rv.. e, � ! .�� �. i` ,i •.r� � .� ` .,; � �' �i y:� ���. '. � a � - � . . . . . . , , . � . � . . . . ��.� � a •� .y , '•.: ' .; r�-i. ;W ' �...fv�±Ew,ff'i} ri: , t , .•� a . � . ♦ . ' • . 4 'h. S ;. •'i•: . . 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L• t,r t�`-" � :,+.; �:���' � • ' . , . = HISTORICAI, POPULATION . ��;s.:�;;���.�s�s}i,,�,'� �> : �';� ,;: :�'.� �''�, `� , 198Q-1989 j �. ��;"�SyyY. ,.: . 1 ` "i: .� •��° . � 'iRas�'�`k,�;FY,�Y�ry��r.�� y L _ii�•.'; :3 � . � �, ti«�i-���t�}5^�{� ����. tr�� .�,,:t�.�' , - "' � 'n"ti�.s,i��£�� �3 te� s�� ._.. ` = , . � :,� : '� Year Populatton ��'f'a�,` ������ '��f�i'r' 1 _'°l'?,,: �,i`; ,;_,!, :. � :,. . - ' ;�,l� t„��� �^i�c �,�p';. � f •r,`, ..�i "'.�.. � i�.. .�i �.i,� �. 1.7�� 85,52� ���r ;k �..!. �',�'4 :.,: ',�',��;.'.t�� ;.f�-,i',: - , �'`` 198� 87 859 � ��••�,, ; �S, ; `• r.'. r ti'' A:` : t �i' 1. .5�� �,,� ,�}' F ,f,. .«},''.i..i'.��, '�. '1!t'� � j'�:2�iy�y�� .•.�. �� �� " ':,;s; E.,•.f-.',, 1982 89�707 � r���� �� �� , ;r��:r�� � . �.�,. �983 91,879 ?.•�.� � ��� ; , -a� �.�: .•'" � � • =4 1984 93,648 t,� �,� y w �a�� ,� �. : i: ���.' •.�F;^�:�.�."� ,'� � , a.�c. ,�: ,,.��: � ;�=� �;:; : : :a� �`� ,�. = ; .�.`,:-;u'i; .i;' i985 35�33t� �j'�-'.,�'�t_p�� , , � ;.`.t;^;P:, �,.r+.;. ;;,':;,i:��:<:; `;��.`'� 19$6 �7,882 ij�;�a�`.�`�"�'�'�•' � � � i �����'r'' �F� °,�,� ',�",`?�::,_`°';=i���'•��� � 1387 99�124 r:.�y.'�. .� w. y ' ,��{ � . �y' �1: `Y7•�; ., ;� ; , ':,�;;�' �°., `'s.c�' .;':';:;:r; � 198$ 100�90U =�`�' ��i '• �° i �� "� ',._. '� �',:�; :'_; �.': � � -.. -.:' '� ��� • 1989 1fl2,600 � '�� ��.�riY��ACr�'•S"�I.°•11'.`•�,'+'r;:�., : �'�,?',`�;ax� �^ `�'�„� '��� * •a.s '��.°; �,,i.; . .` :: � y �r . .ti� �! s � s.:;:. �n:i'-i'�' •i'.``=:.. . ;�.:�-'�� 3� ' • .�.?�: ,b�:; � :;� . ��,�.,�..'.: �f . '��:�t�.' � � r �-'�d ,,: �'"' ,: �;; �,•,=,ti-z'� ;;.:� '~k;:,;�::; � � Sotuce af Papulatian Figures: U.S. Census, 1980, U.S. Bureau of Census F�a�; a�� � '� � �' ��. � ,.y'.. . ,.. . � +, � * ,'� . 1 ,{: ���,;,;:� ,,,;s;';�; ���: ;,°.�.`� Es�imate5 1981 19$9. ~,;��� �,,� ` �k.'i �, �•��•t� � , ?. ,F.... . , n�+.f'Y�'i ''i �x;` �II..i.. :ti�.ro'°ti: -c�:': y:��;�.R.: �;r�.1!•,�: #��:` l,:t�. :i-..' F.';>i e'Y.°.'��r;`� • . ~ `���.t.+�rs �y�}-� `4 :;�;'. _:'` ._r3�� �,^,`,, -;�:'�,�. The Ctty of Clearwater and the ather municipaltties serned by the System are ''�������. �� '�":;` ' � � .:�'. "r,,�:°;.y�..;�� �a�+:�..� v»�.: r�r-,i.' j;r... . .. ..� J . :�."�`;4� ��� {, �•r i ,�' - . -` it ?,' �, e; )i';.i , a,.�. '�S" ► '3` • r. •,��'� ,};�by;,4,;, �, .w,.: , . located in Pinellas County, Flarida. P31181I85 COl1I1� L5 tYIB SECOAd 5�811@St CBUIIty �I! k�YB a� ��v •• � "' -� ,, .�.` �x�; 4� ` :`_,.�'"' -�°' ;�'°•. siate 1� land mass, but is the thlyd mast populated county in Florida and the most deasely ",��`�i������.."��; ,� ��, � : �;;,�r,: ;.,•=;�� � -:, ;`�"�,�:u�,�..,=`• �,,�.z- � �; r�`a�;. '�;`;;;�:;;�.;�;�. .'°;``'`.�E;. .�.;+Y �: :`� �i",: papuLated with nearly 825,000 resIdents. Majar prtvate employ�rs in the County inalude `�� ��:f�' �'��'�)'� ��z;� , . . i' .�t' �'�e' y�� ,ly�. '.•. 'e .r�'yt�""�1h �'7 y,�ylF'iy�:�.�.•� ". ,,• `..�..:: an electric utillty halding comP�Yr � `�` �;'� ., - ;, „r`;,:�'c...''}•: •.`�'•`' °� f"�,. fs: . `..F< ;�;s;. '.;, _ , the utility, a te2evislan inerchandiser, several :,r;���}b ��,,�€•+' .�,.f� :�� :•,,-. ° :.�� �✓�:t,•�; �"�,. ��,3*E.�.`:�', :,,;;�: r'� ;.�,:t':�'„�� r:,;``';�;�. ,_�, �•,! ttos}�itals� a newspaper publisher, and a retailer's corporate headq4arters. Tourism is the `�y:� .' _; ���;,.���,y;�, u���, :�', � � �� � �+.� t.j.. ����• �< . `:_;" `^;`_� ~, >. . _ _ "'.. - ; , •..� �-, �� larg t indastry in the Coun em ioying over 37 OUO people in hotels, 5hogs, restaurants '��`� �` :�'���� �,;� x°'����-� � :,+� ', :;.��,: j! ;^�;�.> .,•• �S �Y p r {,. �' �. t_...a_'� •'Cp i•, �� .� . � ',1' � . t�;.,i.,.j a°:�#� ,,•. �r �v.�i�'" , �`� = ;�;:,=�s�;;.�ti�� • ���` • � ",,�,��:`;�''< ',� and other related bUSinesses. Annuai visItors exceed 3.fi millian people. ..wLr<';;=,� � �f�,��:s ,�x=` � , ; ..•. •, .,' ..-„r�,� •: ;, ' � . :�.,- `��� -��r.rRF�� ,.,. ��''� �; ��:���';�:s}�.=,��,k._,�;. ,.',s. 1;��r: �: ;. •• ;,i��:,� �•,•,, `�`•��•}E;lt.,�.s..� ;.s°°`k�:li . wi:�� ��'�,11.;: ; :.�.,``it?'i"'t=wSY� .�tt�.;::.ijY�-��+,ii'S'i;",.��j��#�f' , ir'�.r��s•�.J 1�.. ,, .�;�;�iti _1� :y-,i.'. rL',i l:i,.s. �'� ^� ;';i4?���.�:i.T�c a�y�� 'y.: Y'��1iry'�:,5'r`;.4'rtz.7.C5� i�.1�' i•!'^ .S•,'i...'t:, ti�.i'j:'����y'' .i • '�4� . . 1:,.. :'��, � a� =' _ ,.:�s��- :.'-'t�::��,Y'� � ��^�f;;,�� .' ,�:: ;� ,, 1 � j e. t�;�; �< ��i'�[;`, K�1 �•�`� �;�.. r:.�: �'`''v�:�+'��:��:k��,�':�a� °;,r; ��x'i= � :�. Pbiysical Description, Ttte City's Ga5 5Ys e 8an 9 ;.;: ��;���,;���� ,�k` -r� a .. :�',;` � PbyS t m be in the 1 20 s and iacluded .-_.;; j3. .. �,•��`;:},':",.,r��.�r-.i.s,. �=,.'r`;=��,;` productian, distrihution and sale af manufactur gas. � v ed �� _� =5 . :��.. < .�°:: ,, t ��,�' ,� �,���. s` e Er.. '1 ;.e.� �: '�11 :�i��. ~�,�.:r�,:,.,, :_ ,::� �.r . ed Tt�e S �em was con ert to S�:•',�r,;'�;�:���`���� ., �,,��,;� ��c,f�•2s.:;r; <,::������':�`q.,:':,.� in th Ci of I ater the S tem '� `'�„'::W.h�.���° , �'�, = f,« : .,�,ti,.•s.. ,. •.;. naLural gas in 1959. Yn addition to serv g e ty C earw , ys has :�� .�{_`''..:; c::j� �: �.f���r� 2i,w 7',.y. :3.�7'• { i . ..I. • ',. ��...,, 4.�� "i: y '1 i ���.4K � e 's j:? �� ��' ���, }an�. x. :��;:•��'� •t� �'���'�,",, ;'� ���� ded Iuto d has f chise em ts Ith the ctties a�f Belleair Bslleair Sluffs Y;;_' �ri:-,.� •,� <- � � : �.:,. �� � s ,��, ��`,� � t ° ���,:r;��f � ,. :�<;; �xpan , aA ran agre en w , � � � � � •,,• :.:,����,� � ��a� y ='i ri �, _ .r ::;. �.�:,�y�� �..,s% S� � -�-� � ��1�, k`.a-;��e' �:�i. -:: .,t... `�-. �.j;.!y� ��:`p' t rl:�,�±, :.~..� f,:�;,� �� �� z�a,�.- Dunedln Indian Rocks Beach Lar Oidsmar Safety Harbar anc� Ta n rings The �.4�..; ��� �„ :���h�: a ;�.-,,rx '�;�y�g.��,`,�� . •! +�.:'�."f.',�.�.�ti�r, ;� � p� > �� t s rP0 5P • :t,•,-•�C�oi� .�;"y. �'`'�° ��k .�L; t;;t}.y��...4 :t��i`•�t';_?"��ffl;^ � ' 'h:;�y�� �:d't';.a�. gr °Y �Y" .7 � ! y f ! f `��aw �a�'y`�`� "v:'�.«;r : ' s � ,.;:1,r�����:ii',�dsF � ��r=�L:�.:,: ?�'��, franchLse a eements e ire re ctivel in 2020 2002 2D20 2DI8 2001 2014 2QOi and ,,. '; =;='.�i" �3,.�+,•.�- �. ' -k�%rt '+" : � ��� . . y � �S` .'�� i• i,s J ,a ^"".. � .I4. .�.; „�.�`�a���;�=.;,� '�'� �;. �E'•"�`:' �� 2�13, hich in me instances is rlor ta �he maturIty of the 1991 Bands. It is :`: :�'a;i�:-�;��� i.x . �� <� ;,.� ; .� w sa p .� :-� {:..,�u K�i[Z„� .-�� 1. _'.t s�+` �fe�,�cT 'ti,�..a h-'y':�:���y-':F. � �,i,siiK��} il �,� � `��,� � � � ?� ��v ,.:..� ,,� , ti t ch ran a eemenks wtll be renewed u a their e iration �� �-ti; �;~ • s �r�:�t,, ,F.�`�y�� ,, ,�ti:� :<.:��»� ��3•;r�'.r,� ,yti� ti_:� an cipated tha sU � chise gr Po xP , ;.�';;'-:,s�r s,,, ,. ,ti�W,.. �{' �� y�� ;i��''O��.� .t�.,�zr« � � 3� ), 4y'= i ts .... e7 #Ca �';.,. � �'.iw• �: � :� �. �7P� .;• ,y,�y� " ���. �c -� ' � however there can be no assurance of such renewals. Each francht5e a eement � �r�. � ��°J.'f .�,r�=�`� .tKt � '.,h jh �y��.5� i y i'1':�)'Y , ��fviy,}G4�' )4`�7X1 � 'f'' 'ie"��." � Y~� �-t�•��••�. � :, j+ �• . �l . �V}:�j; ✓ tl� �i��V { il" �"_. �,�!' _ . � .�. , � tj �"' } � �� s� • F .,� ,� x�. ,� �J, s,�.:. authorizes the respective municipality to terminate the franchi�se �greement ia the �:�.r:�, ' ;�� ��_ " �'e�,<: �} ,� ���: '��`'��` `��;;��";- f sh r uir b the a e�men for ca s ithin th ..;?"�.` �' '��''ti�����' „�' r. � ,: .c k�.�. '�,._.�, event the Clty �aits to wrnl gas as eq ed y 8r t u5e w e �'J�•��'t�.��.:, f� s? ��,��. 5� L� r ri l:�aa'�. t;}�d3�L: i: e � . � S Wiy .! j �4;3I� �.� � �i Fha. �Ta t,����LS� 'r;, 5':1'�'°nsrY'�' l '"} S�':� � »•� � ,. :��x��:=-���s:°, control of the City #or a riod of 72 hours. In adc�itfon, the franchise a eements wtth �,�fr t��,: k`�]��-,<r���� ��,� f,k µ � r�,.. Pe n 8�' , �:�,�.., p� � � : :t,. � � � h��.�t..:. ri �`u �° Y, .� b �`� �, .�,�. ���. �?�;;� ;��j- Dunedin, Bellesir Bluffs, Larg�o and Safety Harbar aut3�orize the municipaIity io purchase �`,,����y��:�;���:".���}t t-,w�.', � f.Y i ��k'' J�,- �'1�.��f � f,f v� �. ,. y ,. k � �'� " � � . 'i��'.� ' ����a� � '�'�► q i � : � s�`' �'� u�� ��f� from the City #he propert9 used with respect to each iranrhise at the ezpiration of the �=; �,•�. .�° �.'r'. �� ' ��;, � 4„�} iranchise. The franci�se agreements with Oldsmar and Tarpon Spzings autharize Oldsmar :}'�:���; �����¢ x,� ::r ., �` i�l��• " 'i'''�,s s . �,; �'. .. ' , ;-� a[2d Tarpan S�rings to pwrchase such AropertY dw�ing the term qf the iranchlse as well as t. ..� �`„��, '� `�i . ' -*;,�*• "' . ,�;.�� - � � �� � � �. �� at expira�aa. The System al�a servi�es the un�ncorparated area betwe�n these cittes. � ���� '�; M �` _ " ,�.�;� � ,. 7i a� t� . ��.. � -11- . . -- . -- -, . , . . , . . � F.-..,., � � �. ��� .1� ':!r-c;1� . ,�- '-, - . • • . .. . . .. � . :.�t,tf � iSy��yi.i: '.•1�:;,�, �,7,}.. ° � , � , . . . �'S.�t' j��i���'�:�v;t�f.i;i;, ,'��, �:;,':°i• .�', . , . . f.`'' ' ' , ' ' ' . :a•,``.� �t . . . . .. •e: , ' »��-`��` . t� �' � �P' �:Y.. '���� .�� . �� '� . � , r. ` � ,.�, �;,i�� -"$ �• ,`r''::;�'. � �, � � '�Aaf�p,�si� .Sr=!• "1yi^ �1� '°s'' . ,��. , i . . . . . �., ,�. ..�< � � .'i . , ; . ,�, :�:� s,. n'�,. . � . � �' �. ,#. �','. . �E<<��CI�Yt Y�'�J',�'�'iF�i:1 YZ,� ";,� .�. ' ' k� , . 4 ;.. .,-. � .�� `-,A :'t- 't f;: . . -�k 'i S � . ,'p . x_�. 's�. j „ .�r _ .Y•L. 1 .i" +f': ' �� _ . e�� 5 .s� . �' �� .r. . � r' .•ta�r�"{ ���' :3:'�t.�' St:N' :tif 4'i t:'{' j , ' , _ .. , ' . +:i,�� �yk� t r .�t'7�,,,.t<N`:�;��r. .,s'.;4' 'i�' . . , • . � W; •.y. r ,.l'„� . . . �'� :.�:.� �;, �f7; �t1. Y.. � )Z'. %.^1 , r . � ''e ' . . , � '�}` '��U'-�i:i�'a�'-�{�r��i:.ib. :•� ..i�`�. �'r Z� . . . � , - . <. ' . a� :�F8•1 v�e, l ! 4 Y�•t �: r . ' �' , , ' :f.w c7 �� '�t"� . . �� �� . � E. } ��� e � . . . . �a• ri. . ,�'.�, .. �;>:;�s ¢ .�+�'-�t �:' �.s �'��;�,` . ; ,. k �rfFds,.x �_� : �.: , ... . . , � • , �_ � , e '�.�tti�°�"ir{'� 'M1��;z�:f•,•.s °:,` .,.•;, , . • . , , . 'i�^ �sig �`; f.5..1�,'�,��1iY�;;�'�3�;� . ' . � , . . , � , 1 .•E4;�°i i��.'4:,4Y::'li;r'�;�" ./yY.. �. �i!' . .. „ . � � - � ' . ' � i :,%, j: i'�i:4�`s.�`::���' '�.�y � � - � . . • , . �,;�=:;fi.':;k�w�;•/,�y�+.f•!YI =` , 'o . ' . . , ^�ft. . '�Ci�.r.{ ���: r . . � . , . , � , . ' �;: ,"'��`{r° .�r�''c��•�.�� f . • . S t!� 1. ' � � 1 , . , ;�.;;r::::.;�`�;; .. � . , � .'1�3',-;::;;:i?.�i�.: ��� :�;'��:,�,..:,:'� � .,� �, . � ' � , ,. . . . ' ,'� �tx�°" �}'1'�h: � '1i, i, y °7'``.. .;�'^�; � 1 . , ' . ' . SY •� � . ;�', � , ry�'' � ' , . .. . , • �i 41� ! . i .� '� , i' .' . � . . , � � . . , . f' . f � 1�:. � �, � • ' , ' . _ ,.. , �.. �j ' , . ., � , a � , . ' e f; � '` , . .� ,l , ' ' . , , . . . . ` .... _ .,. _ . . � . '1•.7 � ' 4 . . •t4 . �.? . . �•J' . .. . .. � - � � . '_ ., . . . � • : �� . � � i . . j i ,. . ,. '. , . �,,, , � s-.,. . �:L�-+�^��h•3�.!;'�rKw}'4i.ts,'F7!`.��l,.�r � � . , . , , is, . , . . . , F � � �� F ,�`' i e�� � � ��Y'F rt°}�� �•'.'+{' • /{ � •� . , . . , � , . i� . �%y��;`ti�i,,�ii y:�:?'�=,Y �+y�.�te#�'����i y�t��i'Y��� . `Jw'{,,���� .j 5�:. . . . . e � i}J^ . . i'4�s''Y �t`R �I.!'� ,{� a�.�..}f4 .��4} i.�� .. , . . � . . ' 'i, .'�4': �r::i�i.�'�,.�:v� w.i'�".{.h';�:��r� �:���~ i ws�"Ca��'t�t.ti, � 44 � � r. �nau:.. � � � .a' ',t, ',\ '^t:�i �`;��''r'�r: 5:i." •s'�¢�?�1:t:.b .�;�"�,;,,��.�t��;�7.'�F+.�'s �'� -`� • :�'iw h.'��l���v Lt, i,J: 5:,;.r xy,r,.{�,�.! �r�A��y �`�'!•.c ! t +f ft� •.#,� i -f _ , ,[` � _e� ,('r+ ,tG,'.. l. . �`�c�' ��¢ �,� ,'ti,� '1 � ' �s . �f:. '.F':= �:.r.�{� f�..i : Tt .� , l . '`i 1 .'S �If i :R• :{ o �Y•�11�N1.`�:v. 1 �� S, . . [. � �, .1 . �� F. .! � � �:.•.��I, 'P'�: � � �� .. i'� �4 � �4.0 A � :��� '.I"': n�.�5' � L Y : ��.. �.�.,-' .L •f '!." .� �i t :.r�� � i �+ �+.. , , 1�, � . a. -i�� � . .` ' �, `•i't' aY`""i • •tF �y ,.!s.�n+�� ,J�5 ��i . r;3 4 0 . _ , i ,3�'�'�4, �•�..�4 �'�.'i�j'.:f�h� .'�4�#l:C' •l� k. . , _ . . !+` � � 5 . *� I ' � . �t. �� D-• i. t . . '�1� .i4' Na':*ti 1 1 Y •� . f• �.� � , .�.r� '��.' ti'1 E::� + �at -..e� � . .S ��h r � � . . �e � �'�.'�� �R'?.,...s' � r., P�3' .tj✓St ;� ' ' ' . . .l' , ' .Fi�' .�; � -. i� :i��i'.[J��y' ��y�S.h.. �i'1 � � .9''� :; � ,., -� s;.�.. . ,� s� c� .� ' . • c _ �S , ' , � ''�';,:��. . r�'j � :):�.",*s�`�§1��'�.;'i"'n,� y � 4 . . '!a Y.i S 'd . iJ �` ' . . ,.s :- ; �;e'�Y,� ,�r;:i`�!,�.ry it..v� ;},,��"-; .,��.L�� � 1 � � , �. . . ' . i' 'o� .5, .Ie '��"t�!q '-tl, }� ,} . . . i rr: 'x� .Id k ;;s . . �� ';�� t .! t. �;� } •-.V ��s 'T'. , -;:; ,�...,�•�, � � ��. . . . �� 1 . ��� ' y, �r,-.i__. .!➢�r6 5 � �`4. . • . !�+• b,� : °�":1� i't i� � '�� v.Y�i,, , � . . , , � '� � � q��...""• .;i;"h�yS:T��}��:; `.Alra./' S ,1�'�ti'',1 1a.3 ` � '` { y; IF ��7 `�ry�lt Y /.� . . . . � , . �� . �� . ✓. • s...�Cr °� 7d�� •q ��.x . . . . . . . . i� •,1�•'� �Iys`S'�.'?�.i:..?.i.'.�rh��y f�F,;r{ idR%�i'��+4� a'i`�i}.s . . . . . � . . . "' : . ,. �,�,�ti;.�fr,�yf,.� 'iu.��f�f'��� .; o'�?: . . � ' .. ' S . . � , , ' �i. t.'�� '�ti:.i.�i.. , .��.( �i`• f��',�' �`"� � .. . . , � � � ."dr. .r':.i .:i�,.? i+. :.��.. o�� � . • ' . ' .. ' . 3 . �1 � .'�' >:��,'..� ` ,�l.^�..Q�,'' . . . . . , �� � • `',• • � . 1 '•� . , .1'. ... � • '' ��• ' �, 'i; l. , • li .. •. ` `' � �1�1 1, . � ' � , . . f , � ' t . . � � 1 �"�',t�.�.�,-� '- � ' ��• The System currentty serves approtcimately 11,650 customers and is comprised af 403 , . : �+.: . . , . • � miles of gas main. �3,: ' - • . .,, c ' t' . , . ' . . ' . 1 '`� ''' '° '� � �� Mapagem�t The City is a commtssion manager municipal government. The Mayar �•��;'.,::•,:,`,�';'.. _`�:•�: ,�,,, ;. .•• , and Commfssioners are elected by the Ci�y"s voters an an at-large basls. All have vatiag °;•..;� .,::,::,.; :; ,, :� pawer at Comwission meetings which are chaired hy the Mayor. The City Commisstog •�• � . appoints the Manager and the Manager is responsible for appointing all officers and �' `�- ���','-,' ` "` �.� � employees in the Administrative Service of tite CiLy, in�cluding the Gas 5ys�em ManagPr. •1. ' w ' , .�.�, � '•' ,�� � The Clearwater Gas System is administered by the Gas Spstem Manager reporting '"I� "� e''�•� ,.� dlrectIy ta the City IUixnager and Is ane o� five utllitie� bllled by the Clearwater .,:',> ������: , � LJtil�ties Depart�ent (Water, Sewer, Gas, Sanitation, Stormwater}. .�: "4' '�� � :: . "' ' , _ , ' , � � �. •. .•••: �� '• Charles A, Hunsicker currently serves as Assistant City Manager aad Intertm Gas � ;;, ;���;.�.,,.:; .�:',., :;�'::. :..: ;�� .� ::...:. :::... .�.^.�t_i,;,..,r;:,f... System Ma�ager ceporting dtrectly to ihe City Manager. He recetved his Bacheior of ? �.,4` ; .'' : :: . . ::,`:;.. "- . . � 5cience degree � Rural Sociology from the Umiversity of Wisa��In - Nt�dison �n 1975 and `.�,�'� �; t; �: i° ,�.,.. • Masters degree in Urban and Regioqa� pLanning fronu Florida S�te University fn 1982. ,. "� ':-'' '�'� �. •. He has served as Interlm Gas System Manager since March 4, 1991. Mr. Hunslcker Ylad no 's� , �`. ��''`�` `' �� �` � ����` ` experience with natural gas systems prior to assuming his current responsibilities with - '.,.:�'�>y��°�!'���.,' � �,�:�:' . , :��; ���` ' �.''� the Ci as Assis�ant Ci}�� Mana er. ' ; • ' ' 'i-r• � MJ � . T;''i '.,, . f�^ ��4'. ��\ '.F�..�.i� .:�,•� , .. i.. ;"':�9 ;�� A'.;;� ,,. �; ,:f.:.:��;,;- ':',,:::,� , Prior to joining the City of Clearwater f.n 1989, Mr. Hunsicker seroed as ActLng Directnr, Uivision of Mining Regulation (1987-1989), Deputy Dlrecior, Publfc Works �: .�".�r`i���• '``.' � ��': �� Departznent {1986--1989), and Acting Assistant County Administratar (19B5-i98fi) all with „j�' �ti�: .t. Y . '`. f =:;;,::�'•.:'_�:�,': . Manatee County, Florida. il-: .e'r.. .if,' y� ' .. "c�� '����� '��; ';;�z•. .� Terry Neenan has se�rved as Gas SuperiAtendent of the System since 1986. Priar to '' ""� ��;.`•:�l.�'}}�ne: "` - `�1 that he served as Assistant Superintendent from 191i2 tp 1985, Servtce Supervisar from ;}�r �;' �� F' 1 :'';: 1979 to 1982, Uii�.iti�s Setviceman II irom 197D to 1979 and Utilitfes 5erniceman I from �1 � _ .��• 'kr.}, �•1��•'lt,����'�`TS f�. r..,`,:�����£r�.;:�';=;�,;`�;:-'��1 :,ew�;�:1.:: .'f.� `�,�;���'�, I968-1970 all with the City of Clearwater. He holds a Master Gas Contractor License ::r-:r�r;F,�:��;�.',�?:;"_��;: �:ti:.;::;-:. " with Piaellas County and Master Gas Fitter License wiih Pinellas County and the CitY, �" S�'-f�R" '�'if t�r-=':��!'F.s�.�s S:�''� �•�^ 3 � ,�.�': °�.,.. . �� ti� j�, `�'�• • and holds Q�her licenses and cer�ificates reiated ta natural gas. Mr. Neenan gradttat�d A� ;%a:� ..�y.;,,.�g-#a.l", . � `tir�• ,`I �,;��•7�+�''•�t�'s'f;`'�.'.k`.' "'"�)$ ;'��'!�t'; ��•�'' �' Z from Largo Senior High School. fn IS60 and has �tt�nded S� Petersburg 3unior College `•-,:��``�}'-L= �'�`' :�:`"f �r � �'`�''� ,'�' and the Florida Gas Transmission School in Sanfor Florida. He has seroeci as Secreta �',�,�..���;s``•2"S'1�'•��.i���har�•r o}��,, 1•� � � ����->�,:; �°=.5�;��,,:�::i��a�r,-� �"'`' '� and Treasurer and cvrrently serves as Vice Chairman of the Operating Section af the :>` r���-.�.°;:` ;.�,�;"`�`�`:°'''% +>'-' :.�`���: ;� �� F1orlda Natural Gas Associstion. ;"`�r �7:�'�,'r.{,;•''f':' �s':i"y:S:ir. �.�.. ii'� , t.'y:�d.,� z.:,:;,:,t.: � .;�'.�, - r},.'f;rSr',s'i°'f.` :�. _ ;'i �,^:�. ; t T; .' f; ` • ..�°'.;�i.�ir�:�`F.�J�C:�°�t:. �•..r�� ,'�Y. '�' '�.: l�s �ly. The City purchases its supply of natz�ral gas from the F1orlda Gas �*���`"`�.;'?�;�:%"��`�a��:*��:,=��; �"?_�:•��'.-�•'� ° �`!,� . Transmfssion ComP�Y C'FGT'). The present supply af gas fs based on service ��#��� �`�; ���° f�';-�s'�'�`�;'���.�"t'�j" �`:""�`-�•'~��, •,_�_ agreements between the City and FGT effective as of I►lovember 1, 1989. These i'>.:T'.a: �Yt�`'•-'` �, ��. ."M� `�3�::� ;: �: ?•,_ .,;�:'+:�- ��14'�''` � ,�; agreements provide a maaimum daily quantity of approximately 110 ��0 therms of gas �;�i;�x �,�. ���;3 ���_., ,-.,r,,ri., �:��.,�, ;;.- ., � ir�:�� ' �:���; �_�_.�:�-R;:�t,�°�•�� ��'r� duriug the months af Naverntier thmugh Aprll, 4fi,5U0 tiierms during the months o� May ,�i: ��'3��� ��.; :,._ :.��.'.,i�, ;-.,. � ,, "` �,� � �' � "•`� thraugh September and 49,000 therms ia Octaber no� to exceed a yearly eAYitlement of �j.,,ii;� M n �,.f��'.�� s���,:s%<<:: ���:�.;;�� �?�` ���{i;:�:���''��`'= �+ 19 �499 OOD therms af gas. The service agreements pro�ide that FGT does not have and, �w�� �� ���r,;;k�:::��'�'�:�'';��� �' notwithstanding FGT's goaci faith eiforts, may not have In the futttre, sufflcient gas '�`� �{ � ��';� r� �°���!`-�{':=x��.:`�. �:' supplies to �vpply the City with the quantities o� gas specified in the service ,.;, � �'� �� � �,,�;;. �ti.::b,�...;,,�.;.: 't�P �"?�� . �'�°��•�F�.:�;��,�:;�>"��;�;f�. agreements, The service agreements further provide that the Gity iaay nat hold FGT !+; � ag gas the City fs no� permitted to ri:', . . � � � � 'r'k ��t�y �Y',�. �,}� F. , �3 s.�' _;' F. "�,., , a 1�8b1� dA (�SIri e5 OI' OtheiWiS� �OI �IIy �'OIUmCS UP [7 ���"��y' �' receive as a result n� curtailment of delivertes by FGT pursvant to FGT's Ceneral Terms L` ._ _ •A. � .rfl°�i�b'awY:Y:tS�' - 12» � � ' . � � ' } `t ' , � ti;f`� :� f; � �. • I.i •�•� � �J•�;,t�:` Sja.�+'., f t�:' ` . �,. . S�. � ., . .�t�1.. .. ' "d.��:.�'.". I`...s;' ',ft '.f`` �� 1i�;r'r}'�.'� � �' : r , • �.:I �: �.' 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' � . , ' ' . , • � � � �, ;f�'; ' 4 • �}';.f•.l;�t;i¢.�rY,r�! 1�,.7,�.. � ` .5 � � . , . � . � ' ,'•..1 1� . ,'�� ;� �t j I s•k.,V r � . {.y . ti ' i , � �' , . � , 41 ,r3,1. �. °'}: . t jy: � � ' . . ' ' ' • ' , � � .. � ., � . ° ;� 9�g' ' :' , � � ' . , . � ., � �li v'� ' �•;',1.,` '�f'y'•i�� ' • • � 11 , �' ' . • , ' � �,i, � y� � '. 1.' � 1� �' . . . i . . ' . . ' kr v °rlrs . � 1 ;� , . ' . : ' • . , ', : •.i • °;r' . . . :; ' • � r .... � ' • �;"� �,: ' , . . . . . � ^r �� , � . , r . . . _ . . 'S_ �t �. '-1t,t , � � � , � . . • , 1 . . �, . � . + � 1 : :..5 �.' . . . . ' ' . � , rl, f' � . . . ` I '�1 F ' . . . .., . � •�� . � :, '.. , . � . • � . �� . .. . . . 1 � lii., . . .. . . • , .. .:.. ' . }- . . +rLr.�lbf.iala�e.nl..�Y.rau.er.e....................rw�...w+..n_.0 ... _Ld.ti.........��,'...,.n.t.�......_�. .S ..,..._ a. ...... . .,.w.�.._...�<...�:w..traya:vrr.:w.unaRa��' 'i"' _ �• �v .. . .: -�:;. _;. •, � , 1.S:f4�Y1. .e�,'' .•:.{ 7 .. . + 5• �� '.:�.:iA;i'�l�,r: ' . i , - � : �;.. 'F''�';,'r; , �'�'pt:�:.s :�'- �,3 '�°` . ' � a + ; ry,' �,'. � � �. '.�.,5..,.`.a�h�7,L�.1i�:.iv:9'. ' 1.r+ �.' r . � . ; . �',�'4�i .i.�r�h� �''+��f�i��� 1.�'!}A,' !; ti �r.` . . } .. . �i''.t:�•sr�,�s�`7��iT �t"j;,4"�`:w� r , : �; �--:�•. .�i'' r . i � . , . r..... F .t^Y'{r}'���e� ��"ri�'`;'r:�'{�.:. ' C„?,i�� 2.4 ...:.I. ,'t� • . . „ . �� (i'1'j'.:�";';j�t�c'S"�+tf:�''� y �N�' �.:., S. ra S; � ..��'r.t,i.�.:tiEr:i,�-,;.;�.i� � �` ��9�`. � °I�'. � an al rgy R gulatary Cammi.sston ("FERC"), eacept 3';�:' .�`�;,�s, ���� , •��' -„�;�� d Canditions on file with the Feder Ene E ;,4.;�;,r+i�� '�,,+�•'�-��<���x,� ��t. .. �� 4' to the extent such curtailment is shawn to be t�e resuIt of FGT's negllgence, t�td isith, �_' w�� ��'•. -�r'��a:�;s;�, �: ` �',: �.w'��•`Ft, �'�� [ �� �',;; �_� :,:.� ` ,',::� - � . fault or willi'ul misconduct. The sernlce agreements expir� in Noveml7er, i994. ��3,�,�%.;, •�x>y .; � . , � . �. �J fy; .a°� , �. i;k;�'r,�:�;��-�: � •; ; ,;` i{. �: i' , ... . � ! �1,i r�=,��`j}.T"�'��1fF �I��''� ; 4,,�t i .� t' ' 'f�`,; :� � Naturat is su lied to the CI b FGT ussuant to ificat� am n In ""` 4.• ��'�", '' _� ��� S� AP tY Y A Cert s a5 e ded t���.��'-�:. �,� .��'�� �,�'" :,� ,� �j' �> ,�,.'' , .. the FERC Docket No. RP89-50.000, et al. FGT is a natural g�as oompany withtrx the ;�.� �. ��.��, ;�P �>� .� `3"��� �?',�`', ��,��'� , ` ���f ` '����� � • meanin of the Natural Gas Act aad is e ed in amon other th3n the tr rtation �".� "��f}aa' ���`:� �f • S �8 � g &�. �� �.�� �,��:.����r� .��, r ;' � af natural, gas for athers and the sa�e And delivery of maturai gas far resale and for '•"�;�.��' �, �� '' .;'" '�',��:;'''��� ::s�,�� �•`i ',� � �� - f�.�- ultima�e use, At the present tlme FGT i5 a wholly-owned subsi�iary of C�trus �w � '; - i;` �•s; ;,, ..4,.�:: °r,�% ��F��' � r� �;�: .: `� • `� Co ration which Ls ownecl ua�l b Enran Co rattan and Sona�, Inc. E O� '•�4 �� 3• �� ��y�; �� :, �• . ' � � � � Y Y rPo �' . r t: E t�.,� �,- „ - � :��..y '�,y .' i�::f: '. � " ' Corgoration, thro u gt� its subsidiaries aperates or �as interest in a p prvxtmately 97,OOU '�`t;�-,,}n���,�i;;�' '' ��'�. i ``;'° .` . . m�les o# tr�smsss�on i]iue from T xas C '��,�`�t�"':� ��: �."� . �'�:3.� z��� ,r. P F� e to the anadlan border and fram Californi�t to ��.�'�*` i�`'� �.�,.: , , ��; , �:,� �5=:'`��`�_ ����,� :i�>. ,: x;., ' FZorid�. Sanat Inc. althou h cansidered ac3 industrial com h the financial ��ri����i,��:�},.�,*�� r,z�+�,.�t��i,�.; � :�. ,,w.� : , .��.�• � . S 1�Y Y ;::�;e-'t=��.r��Y' x�. 't '�` ;�."`� '.a°,:',` cammunity, through Its svbsidtaries� owus and has intere.st in natural gas traasportAtioa �'�-�c�s'�r'�, � '"r .:;s• r:;�;�}�:. ':`+�;,c2s y�- .1 �`• . �;,f�;, :sa :;" 5� ` '�,' fa es tha p ovid ervice the st�tes of F3arlda� G�orgia, Alabama. Sauth CaroZIc�a ''�:�;. ���''"��g ;��' ��� :;� � �� � 5;� . cilltf t r e s in �. , `y , ! �p'.,�A. 1.-� :yi, f i'.; '1 W�� i ,•` , r,;�� � ,,,- .�,-�,, �..�.,., Tennessee, MissLssipgi, and Texas as well as ths Federal Offshare Damain in and aro�nd �=�,;Ly.�'i�=�,l���;�'��'�"�' �f:. � �' :;;s �:I:; ,�;7'` �. r;',.'• �. �.. -, ,' - .�: �;:: '• x. . �.y, L� �i ,,�.,, �y . '.`,4 �'<.. =�.. " ,.; � '� `' UF� .7tate of Louistana. '�SZryK{i �%h�i(My�� ,{�� �� � � j �:: .�.f�,;`'y � .�f� 11 V;''%� "{��,�.' :•S^' 'y +�yy ,�, , S �::�, �1�..�}'In .�: � a r:�� �,, - ' < < ! ,S. ` ;. � ; :� , FGT Ls considering constructing an addition�l gas pipeline a3ong thc west coast oi ,;� . 4�, � a� °�� '�" � �'' �7 �: �.,,3 , �,�•..�' . _ � .'; . ;� �. -y,K.;f,. , � � w.��,....� ':�����,"���� �� '�z'j, �� -�� Fioric�a which would increase the s�pplies of gas available to the City. FGT iias solicited �� ���'t���, ,� �' � ' �= �'�.:F :;�,r• - ;,: •, i:r;..: � . i�s�;..• �,; i.�..',s *+„ � �'...`� ��l _� ,,�,.` r .;�-�•�' :'.: � :,?„" ;`L ,: �: �, � '• ' reservation de sits from urchasers to determine the demand for such increased ?.•���`; ��,y �� � ���*. �; .�,. � .,- , � . . � Pp � P , ,, � .-�:�w . Z ',;� ,� 4•y . .�I �' ,`'�i•�, .. ^�IY',i:i� ° '��; �.''n '� '�` :�;;�f; �;,:' ';,-�.; .,��.' '4 supplY, The City has paid FGT reservatton charges for additional quantities of gas to be �n� �,F.'.`���+�'�� �'��'���� �� '. ` s � �. , � .� llv red im appr mat ly 9 4 �g �'.'•w: �k� ��; � �• j ��� '�� � ;i4/:�F ,, ,,':'�: �'�. -. _ de e oxi e 1 9 which would br the City's rnaxim�m wInter daily ;,•.�,�,���;,.c� �. w���,�� ti. ��� ,'� �� -�.� �`t I.� .r,..?•.r 1k. �� ,F '� y'. ':�`Y ��,,. -�E-�• =:�,�.-. .':i: quantlty to 132�000 therms. While FGT is considering constr�eting the adcllt�onal ',�:�;,-�'�.�� �;} Y� ��� '1.F. lti�; '}�„�,�+•::�,���.��t' �•; ;,�.� �`�``;;' �;;.,3;�;���`4� '�� =�;.:: plpeline, it Ls not abligated to do sa nor is it obligated to furnish the City with any °�'r.;i.•,.:�:��;;���;�,•�kr;r,-�,��f � � �•'" -S: ,'{? ���'' . �. � � ti,�;;'.{�S:i.�*•tr:4.�A.C4r.;.��i�.:y� )�,�. .- �,�; . .�° .�� '� addit anal 5upp es of If FGT daes not construct the i line the City Is entitled to ,�. � �� � ,� �- • { 'i'` . ...,•: $a5• P Pe � k• ., .. �:: +�-: � �,�• ! tiY, .�hr � �.�} "� ' . _ ��3��r i�"�_1�Ct 2���P' �'�. . :a?� rt .;`• '��� �'�:k l `_�•��, , ,", the return of its resernation deposit. (s,;:"�:;.� � �,�;=;,�r c , i.: ���;�'.. . ';'• � �:!•t;,;;�':qy .,� � i' .�-° f,x'-rty" �t�:y.f` ,�:�..:. ; .i� ' .. . � el'�;t[! �.�.w;;`:: �f..�1� .i� ir�i•^} i3�, '1Y� �ai�.k,'.,. ��•�iiY^Sy(��f�}`if�.I` �1'.'�i.'�:.�1• 1'.'C :';.,.;�°.,;��,�'�,�� •�" -:5,:�:.�' ���`�' �;;�<<;�: ,� The System's �ustamexs are dinided fnto two groups; interruptible customers and :��;i. ,r' cb�;� �;,��:;���;��.:•�;';;`�`, � ��'���' . �. �,�;��.: � _:,- � ��r 2.:�� .- , }�:;>;;`::;.,,�� . n •� �t. � r �' '���` '� "` � eneral customers. A1 � ': t:.<:' �x5�f1?���`e1; :<'� �.r5:i';.:''. . .`� f,a. ;�.j:: ,;;,",`,�=:;r�:,; .{,:� �,.. :i�' g thoug the service agreements call for delivering the above ':� Mt.��� f:•r� �-�;�:•., ��,r'-'. .f•: .�.'.1<'��i .�.: .t . �.l'�;�r. `,�;� ." ?�;�a ;�^' `�t,� ., qiISAt�t�e5 Of $a5� if needed by the City� FGT has a supply restriction plan fn effect. ;.;x�:,;�+����'F;< <we;�-"'•;�=�:.,�;`w;,", ; ��'j ,; ;� • �r';,;� ; s - ; . �" ..,. ��, •t�Yr•�: r�r;,,.,,.;... '{r.�: :::e�; :3-:;; -.:;< �.:'�,.�"j�,`.��� . Stionld FGT be c�nable to deliver suificient quantities ofp�pQ� FGT is required top'�ve the •�'��-;`+���i�:�.,:�'.� 4,�>.i��•, ►,x�z`� �;. .';:;k};''�� �' ir�';.. O`�"1 O� R5'. 4`i�..�h.�F�'�yai�-�y� i'q;,"•i�`� I .,�,� z5 -:;3t:�`�'` �� �,C,?_���Yi: a�4 �,. . ,: -. c : :, ^. , � ' r�,;�:': r .��, :,,�ti, ,,, �: Ci 4 hours rlor notice af an curtailment. The City �n rn m y au : � �y,; ° _ �_; • ;� { } y: ?'-' . . �' ` tY P Y tts a t off the � r;., �•� .�� ., '7y..,��'ry i4 !'1: �: it�, w, �i.ry s� �.,,,`�r:r' , ,`,''• , r`„} .,, }S Ty1 },,�,, "t�.;:±4 :���, 1�1 ,q1 ,,��.l. .. . �7�" ti ni4s' �yti ,,, ,� �i'' �t,,;; ��: •r InYerru tible customers u n 2 ho noti Th i n ri ���, �� . S� � �.S'.j y �. � ' :�. . k,'', . Y Y'� u� C�• � C � �10r1 �� �2i�i ��C� �y y.: �����.�, �� `'�,� ' `�� � ,f� `' '', ';"�'� �:. �. rru �i custa rs sluce the win�er of 1976-I977. ��' } ,7 • ,.a�, ,.�;��. ��: t^�:� ��:.:��'� �;�: ;�:.��;,',.,_, `. : curtailment af servlces to inte p ble me �. �',���';'���� r'��.;�j����=�,� , : :_-a, � �; , : � �w.� #- � < a � �� . < < • � ��'Y4� .'' t r n�=� �.�- � 4 1 ; �a•r t:=�.,, -;�;r{,� i-�'�,r�� s';;`,4 ���,.r ,t General customers of the System Iiave never e�er�ienced c�rtailment of gas service. :;'� �' ;L,=Ss `�h� ��`'i�'�=,- �t=r ��`?��g'���� �`� ;r;;'�` ��{��`°,,�:'�t�_.,, :, � The maarimam dailq usage far t�o�h c�ustomer grnugs durLag the past iive Ears was '`�°� .•,;;.��,;�' "° "��� "'�.. � , , a S z` ,� ��t,`�',ir��;Y' �;._ : �^��f, �,j�' �=•'f••�'.,,b���'': 4 .! ' `e`."1 .'('h, •{�'`. • �;� K � . � } ;L� *�� . , y' ,.t.,4 Y r<:''.'.. � t ��,1 � i r.�" �l� r. ��:��� �° � � ���.s�` ` ; 1Q2 7�4 therms and curr ec m 2 �' '� s S, .�,,;,.:= oc ed D e ber 3 1989. '`� �-` �'�. �� .,��. �t��'��L 4°' t<r:�:;1-`,„3J q.: -�,. : ��:'. � �r ��rt{.: x` , °13 1 � i!. 'i 5'"'� i:. a�«+ . .. � � G, ��.. tn .�: 'Y i; ,: , � �ti�i"�,.tl��:.�;t��`�';... �"'��. ����.�� � � �':��?�l�C��:F��,;'h�%�r f i'x:4�,jt•�v . i�e.r�,..�;`,; `�.' :�; ,`��ti�.a`'��.�;� ����-;ri''. 'f_ •,��t � rj�y°�� '� a';��'��"� "^:4; ���_ ;�,, �. In August, 1990� the FGT pipeIine was declared an open access pipelfne i�y the �., �`��,.. Ti �il r{,(1 a Ff �k YJ:i.�nP�`,C �1. { 5.=�'F.. F . ., .,. '�t '.�I� t 7�3 4� T' �^. Y1" "�,G -��w•�'.r1.� •„ „x�r�•�' � :,::,� ,�r����4 ''����=�,r��-�� ,:. Federal Energy Regulatory Cammission. As such, FGT wfll flow their own gas a�.d the ':-<<;��r�<• .� ti?����,��f�,�; ` ��x^�Cti' °� i ���;� �'�;�:.5�1y���'t".� 't' :.: ��:�'''.p"i���� s��f�� n+ ! ���, � , } � �;� �,�K,,;,?y �,°,i;;j gas of athers on �he pipellne under transportation agreements bet'ween other suppl�ers, �s• �:-r.F=r:<4i iJ: ��.;� �'r., .� � �' ' Ar���ti�=�'y�' 1FV?t, }�� `i:� :F=:."'.�_;{ ;< il ...��'�' �' 1�� � .:� �'" � Q; �� ! � �= the Ci and FGT. �:s � � � � ?�`1�. � �� �, . � �.i�.,F.2�� �t`;e.? bJ �� ''� �.4 C �.��i-��f i`�it�' i V fi:��l.� '{dl�:^'�, s�..,i1�,F ��y.;-'�;;a*� F� �i:r t . �. �i; ���t.:d:. :.�s �:'�: .:r.'^t.,.v.�I"+�.'��i`�,.� Rates, Fees a�d Ctiarg�es. Ttte purchase price for natural. gas Ls adjusted !n ��w;; �;,`';��;,r�,,�;a° ,;��'�'t ;r" �'r_ � "'�- "`�_ e ..:.., accordance with FGT`s Furchase Gas Adjustment per FGT's General Terms and <� ��`'����:='.s'�'��`.;r �� ��" '� .:,� �. ..�,,..,� � ;� < �..: . . Conrlitions an �lle with FERC. The City Commission has establisi�ed a schedule of rates ',kl+�z�;���, �t ��• '��'�:.. ; �►d charges by ordi.nance, whlch Includes a purchase cost adjustment proviston allowing 'a� r4 � d' � �`��" ' � �cz� z � t+t,: . the City to pa�-through to custamers �ny increase or decrease in the purchase price of �� .�� -:. �Y ,�.`�#,�4•.. � -13- �� . -- - 4 ' 'A ; �i�,�,:. �;c-:�;z � t .. .,-s.,-�'�. �•�.;.+�y„'�`��:Ji �, � , -- - - ,��,,,�,. ,..�.,.., :� �, � .�✓�, „�� � ..:•.i.�...�-r=x� ��s��r�4��r . �I.Y "�1€l,�Yk� ,�.�,-:' . . . i � . , . . . , . , � . . .. - , t, � • '.'e' • � . �;' ' . . 4 � . , .i • . , , '' , _ . 1 : . _ , . � �,r'M �' . ,i.� � . „ ' . � . . . . . . , �� . � � �.:tn,; o;.- ,q': y�;}w� Si�i'-� a`,��'_.i}(,�?�,;��� � a n *�i, .1%� �4'�p,E�+;: :Y. 9�� � � . . '�i. 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T�?' �i; f p -;�• z �•_ �. � �' h � ..�. ��, 4.��� << �' :�, �.i -:� •�. •.,,;, �, -;s.;,' :','. .r��:;. �.°...�, �;,':,�'�;`• a�:�h .a �i .�: y�� ,�' 3 :}.` •,���' . u . .r ''i, t � .•�'.' � r. •.t. � �,- �r�� .� p 4 • ;i- t�'+r� , �1.4 .. y'. ,f ; 7 t' t ' i- � T�'.4 . 1. �• . l • N' ,c � ' wi. � �d } �'���1� `r h� .✓ �'Y 7 Ff1 �,y� t' .��r + � . 'e' . . 'r.F- r r1 � �5 � ' '��' 's � )�{,t� '.i ��' ,'�`• a7.� .;t-`';� .i•. ;�', ;i Kf,.�. r' "� r.� }F� "'�t .1,��,� �E .F. k.« �j $ •-'.r'v�. .ti1' ��a ,.n` 5'! ':� •i��� ��a•• •� t' t� y,# #'n`",n �f�i .� r�z�� �r'' ,�f� - ,'aq; :�� i� �i � �'s`;" ,.1,+'�t+��' i !'1 .��r .n� � '�l , .�S•'K`. .i�, ' �i i ��5� �t.'".r :( .�..'..s.� i .i.; '�<-.f. ��•' f�' F '�r �. q, Rt,� k h: �,i•�` ti��' 't,^ .4�� � `e• e:x v �.i��.� >i: .s ��L.. .,1.. ir�;.:�i� F+'��H�p�,�r .�� y ;� � i��?� .�" �'i�5, ��'�� � 1 �.i . ' �` C.. � a �. 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' ' � � .4 ' 1 >,,E�n4 .r4' l�ty�gRSM7� ' :i4i` - �` � • ' , � , � , � .� � '. , " . _ . .. .j ��a - '- , t '�1'''�`t:.;;;:�t;� •��'���'.��, . ,<r��'!� � :i`1r,, y �it9;'�?tS'�• FSi. � � r . . . . .. . ... . . , e . . . '�•' `� 'f'e' ,. .4 +�;�?j'�ti�fc°iai;��:,:�;+x.�q{•, 7��� . �� f+� � ie��. ���i1ti� •_ � 1�' � . � - . . . . , i ' , . . �' `•i;,.• . �, �. t �,. ` 5g :,.?`- � . ;4, C-"•��ws�i���r ��` :#!'� '-:.,�� ��:i , . , • > � �� ''. '.'' , - �' . �_• �� ?' ,jF:j.",•'.�'•y.�i'!�;':��%i•� ;�'.;, ,� .r1iu.f �� :.f�,•=,;�.;X- �';�` "r . , > • ���. �p�'.' �'b. ' � ���•,1�'.;..: . >fi,�C 4�7ft�����8!'���;;��5�> _}S..:i�.�t i:�? y. ;;.� ` . '. � . . ' ;...Syd.,�.{'�'.�* �, ' `k � i�'� ��q'tSf�-Y" cf%,L. �� .. l ' ... � .�. . ,� . , . ' . . , . • . e ���::� t, •i..�'� �il9rFy����c°i7�1�'r •.w'sr,� . •� t . , , . , . . '�:�` ��. �f:� � �.�('1F�;�F�yCt���iyi��`f.,'r'.' �� ' . m3• ., . . .. . t . . . . � . , . ''� 'E; � ,T .' j� SY�j'T3"i'` S'i].�:! ' ii�'r ,t'.', , , �,� �:• ��'.: ' y,�� ��a' �}"C"iig(y � j�i' i�.rn� ':e. � � , . ' ' . . . . • ' � .. • � ' ! '' 1. �z,, .f Iv '.1�.i`�Ct2`,�d��:il..k,�i4.1.•', r`, � . 1 r � . . . � . � , . � . , �,»�• .ti. Y .I' • 7" j �. ..°r't '••jt�:rw:{,��, .. f .1^, ' ' '� _ ,' '.'; ;; ; " •r :�'� F .!a�:. .. - ' . - ' � � � � .. � • � �, +,: '. `'l`; ..�''CM°�iir���m!�� sw�iti � , - . . . .��� . . . . . ' ��� r;: +••yb��.;� ' .�. h y'�•�jt �. �' .,r:i. . . '.t r§�: E' �j �;�'ra .e , �s y, . . ,r. e�.,.:if�:�i�, �:t�� ? . .. � .. ' ` . 1 . , � ' ' . ' , r`.`.'-.�.\'':�,�' .#v';..�:.? l ^:y � , �S . . . . ' " . .� ' .'„ �.���'.[Cy' t 't'''y � •�-:[. '���;^:I'i�l' ' - �. . � . , . . ' . . , . � .i•'' . .1•�' ,�,�'•�.,'ef4�. �' , 5" : : l,r.} ; !' . . . . 3 . , � _ �� ;,} � �. �.f' i ,' ' . ' � .� * � . . • i .. i�� ` .f�'`}'' �,'� �F���� , ., ' : ' � , ' > > ' � . . ' I S+f`,'. .�:1 �.r.�,';.,�`��•11,:�'i', :'j•: � , . � � . � � .. `+i 1.<� . '," � ��'��'J�.�. � �s���. � ' � . . t . . � � . .� , , ' � . .' ,'.i�'!,4 �'� • , 7 �' i. . . . � � . �, . ,:�. ''�� '4''. . '�1.' ,•ti.'.� � �j�� . ' � ' . •, • . . � ' ' �'f�:��"'.c•�'� i'�r.�s±.}`�,. s`.,`�i. �F: � . 1 ' ' . . " ' • . . , . . ` � • � ' � � ' , r � ';, .,j., ;�'• �Lr'ir�;?:;��Y;�: ;,T; V ;�: :f ' .. , ...._.... . . . � ..-..,-............�.�....�...__ . . . . t;%y��:'�••~N'I`,•�`}j� �`Y!J".y,'11£-' . � - : �.r _ i . . .. , .. _ . . ......_... ... ..�.'. _C E i �v.s�. +3�t„�: d �'Y� ,.. � ` ''t!. ; ��' . y : . Y'�' ' F. �'i � y 9 ! • � ' .�. �� . f!'s'�:���°� i`.,SD��; � �s`'";�`i'�i'�,J,,-:" 1'` -. � , ,::=:.. _ r:.�:��H �[ ..4� .:'``°, - . • '; •:, :°.. .' :4. � ' '�'t ..};t�r•ar"4.Y�%•+litJi`�i�wi�r.�sN+.' • \' •�;et, ••`1 :, � • ' �f ,�F"tl,,'}�"•• �y �r �-I- �f�,7�.�� . �Q �. , �' ` r ;1"�: {:..3 ��`.<. ` .: ��'.r s. . ' .. . r ,�'u':Is .}�: �" t��,.i:' t e �'� �'i i��. .�' � � '� � _ a t�!.i:s�':1!t����^.,�.'�'��r!�����.G! � ,� i �� � �;' ' +�Y'� '` .,,.� .fl. '`. , � 'I; �. `• � _; � ` ' • : : 4 • 's �rt'�'.; � • i�:?� �`... ...�:.". �',a`,-�r'��}F'. 5.; . �.t'° 3:;.;��s'vt:ia'.:i '�.•..4`.��S,j�'�' .. • .si< ':6i. � <� �� ��'i� ��r:� �'�. • i� i ; r..:S': . it;, . ; gas. The City is not subject to regulstton by any stata agency �n establ[shing or revising �;' . i i,�� s'r,'<`'; . �,;�� ` � 4,, . . '�"•F�� .k.° �_.�.�•" '`'� `�� � its rates. 1n ttte last five years the ge�eral and intemaptfble rates have ranged from lows �� `;�:`° , R'';z:.�°`,;:��_�.°'.'.� '��:.i `''.;:�� oi 53.380� aad 35.3D7� per therm in August, 1586 to highs of 70.778� and 51.658� per 'F' °;'' �6iSif•_•1` :i.E � ;x."����. .s" ;3qa''-; '; �; ::�,�:.... �;,, :�" �,:r�. ,;. therm in Febru�ry, 1991 respect�vely. The current rates and charges are as �ollvws: ';:,� ,r ,.S- :.� S�ti�.'S. �•�r��;;t�� 1'�, ...�:: k� � . ;'h:7 ., �. :. , . :;:�:; ��;�.;�L�::`'•r, �;`;`„ .:;3� Rate Sched�le Rate_per therm 'a;v. � �>,Cti'h'{r �'„."•,iy�':' �.,"^: ;,z•' � - -- - _�_ ,N?� i':4,�� •., SX.•� I�s;�'.x i'� .:• ,�. yt� ep /�,., Y+ L�L� ps� •i�� '� `���w{�.'rl.j�s.{r�� r3��i�,j��A'i.l..';• �,7Gni�rlG1 VV.6v4�i �i ��i ,:��: . . _�.f� �ttt- ;,,;�:;� ° :,?:s :��,..;.:,:.`. Iaterrt�ptible 47,663¢ ���: ��.1�� ' . �• �• , ��Y . � .N,�,,.• S �- .r; �:'•�;�;��:�.;;� `.3� •�..,�:��..w� �k �.S�eSA� Y�:S.:`•;�f`�t�� �.�`��'. .�e M. ��.F�•. ��";:: >`.� ,'��i:,��;;,:y� .-.`. Servitae Ar�. The System's present service area covers central and narthern ., �. , . +, j,'i�s:,�;`:.7-_.";ts" •_�° • �. .-i �; �` � :t;? ,�a�v��5.;;:ry,;,,;,�,�. ,��°� �.�;�,.;?yt,;� Piueilas Co[tnty, an area af appr�ximately 185 sqtsaYe mlles. Ti�e service area is baundetl k�� �• <�� :{y+f, '�,�.`:�� :� .�� y`;°,`,t;�:?;,�,-`. by Lllmerton Raad on the souti� the GuIt of Mextco on the west the Pasco County llne on �r<y ; ' ,,; ' ��.;;��„.,.f�� ;-; 4.,,,, .-, . ; tit'�y .��e�'t�; a='�'-`i�.�:�i,t s�:, fS�t�,s�_�' ' , � L� �; � `'�~? }�1: S '�r:ie �i . � ; ' T�5 •: �f� %M'�: � .ty, • � �C�:.�' �,.:: ! A.t�l �� ii� T•' ;•f'•� � '� ��''.'��' • � iF '• F;�.�: .iFS�•'Yfj'k���''(.�:t.'>S_ '•:,�-�i„;�;;�"," :� i'r' � : � •,' '•i- � e `�'�. : •� � :�'��. , : I;,G'1� �,'����i�%•� j�.r...,Rl��i�Y�3:r,e«� •��� j:; '.�''y:i`M����?�•� .��}I �•: ;�:ir��v: n'.}:i��,4`. i:l.r�:•� � ��=,�,"tti � t•5'��s .� e'�n..-r.�'�rX'�•� � � .��.<� �k.=;.t�,.. T'��+, ..�;;� ;t.:�,„ "i,` ',��i.iKe .4'.s ;..�,�,�ejCy-t�.�a�r,.i�E.�;;,, ; � :� 6.- +i};1�"�:l�i . �y:3: •v�• f, :k.•; •F %'r �'�, K, ��..,'it'.f:Tt;f."�s' ;,. ��i'�s`''••.':.;`.,,^ .c �.i ' �' i �y','' :.'��'j^f ,''7 'a,i�5 4;' �4"'.� ti y�,`r ,a';��'.�:? �,��,.:.�1: ij; ra .; . tid,:.;§s, k,� ... -:, �.s. � . ��-`.. �:�•...;:��,,,:._... the nart� and the Hlllsi�arough Caunty line an the eas� In additian to the City af Clearwater, the servlce area inclndes the ci�ies o� Belieaic, Belleair glic#fs, D�enedi�►, Yndia.n Rocks Heach, Largo, i3lrlsmar, Safety Harbar aitd Tarpon Springs, a5 �vell as portions af the unincorparated areas of Pinellas Caeinty. As at F�brua�ry. 1987, the ?�tes� date as o� whlch the information is re�dlly available, the System's customets were loc�ted as shown in tiie following table: �.ocatian ' � B�lieafr HeuESir SZuffs � Cleazwater :: DilnedIn ,r. :L : OL�r$a Sr ";�: Safety Hart�or ' � Tarpan Springs :�l• Un�c:orporated Areas '," Tot81 � �4:'.. i.�t!t7�i:���1�i�' Number of Meters i67 12 5�913 1, i02 1,138 is 378 8I 1,283 I 1�: Percenta e 1.5� 0.1 52.3 9.9 10.3 0,2 3.4 0.7 11.6 I0� U.� The City provicies serntce to noa-lnterruptib�e and inYerruptib2e cIasses of customers. The System derives less than one p�rcent of tts revenues f�om the Largest nan-interrvptible ct25tomer. The following table shaws the five largest interr�ptible customers by peak month.Zy consumption and ttte perce�t o! the Sys�em�s revenues derlved from such custamers de�ring the 12 months eading June 30, I991: -14- „ T�� �L � '.r .w. + f ', i , ��' i`,� i � r` � Y ,:•� T� i �s 3 3 e' � `�•r.� :' i �'1 ��,� <;�i . '; F" � � ;�;' 3 ., ,� . E',: � �'�' ; �• � `� ����� � sr,�: � t'.' F •>, �� �.�i �:s :,,, � �: :r .� �"x. �� -; � �, f �;:.: ��5 -. '�' l� � � r �l l�e � � � "�ar��cll.�w.�,.rt.i y.._�,^r,�a,: ;.^�. . . . , ., . .F. ^ ----_-,--.�---� ... . . . �.�,�..r . .�.� . � . •. .�:• ,...�1r.�:": . t�{..ti�F., . ��td��;f'�"�d.i+1^'•.`?.�1'!"1lr.l�C'. . :ti,rE}i6i.�.� �, , - . • � . .� � ,`''�:,��:? ^ t.��, ,.r.. k, 'r� '��"�g�#.� �'F :��• ,:'fi-�S ��s ... , . • . , . , '.i:���i '�y'�� �u:� t''?����•+� �r�• ��-�., � � 'n'F^r�.',{'°��.� 'iq��:�� i �ii 'v' :c, �a'`�f�'s_izS��S�•�f`. . ° ' qi, +c..-:�•�e' '�!��f »^ } 7 � `r �F m "^f � r y(, r:�7. .t' t,4. l,j, ��:. 4,��.�': . � . }.' � : �t .^, �. '-�''!�: A/t���,,: ku.ti; ..iA' . "r"c "�� ' ��.;4t". t a}"�,s � vwr ��i �`�. �.'i � . . C �.�., it � . x�',, i �' s: � i;•` . z�r ..ri . yi;�2 i � p�y',y II '•# 'i j�5 st�• �7 �, �iY "'S`. yS'4. _. iiaC.' 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" � ,. , ' . � r ' . . . , t � �r. .�'.a''Y :A �:'f. � � �i _ .. - .� �: .�ti .'..�_.r..w:.�..+............�..... .a�..��.�...,..�.o._,,..�..:-�....s.,..�. ,.r. �i�' -.:�;`� �.;�='::..1,:�,1�. �' : ' ..�.+•..�o�.•.�v. y'� .� •,1 �`�f.r ' .��' � .. .... ................�.t ..w.<,._.... ........_._ �.-. ,___.....,__., r.., `�S«n:..k���;'���r���•. �5,�:i'.� `r�� s�,.�'/� , >� ' ' . r'��i,:;}{w`+�i., 't.{�,;'�;tie�," y ''!• .. � 'i; .. ` , ��.,�1.,:�7.wK{ �`ri.�-��: .{ .' q ''j( r ,+ A+1. d'�ti.�� y�1��•t . � . i , � !i ' ' -' i �� ' , y� ,1,'�f 4� �5p g i ,!3!�F��`}.Y'!� ,.f'. `1: ..`l . ... � . . . �l,",..:.f;f ,'�R T.i�-4K�lj� J:i. . , n : ' � ; ;' .. r`��.J�; }fi �"� `�}� , , .. � " � , , � ,�l. � . �. ' . � i� � f1 .P y. ��� [�'xs � • � � e�t i'I�•ra��r' � ' . � ,�.`'�s �:}i . 'j' � #y �f i ,•4.'; ' •' `.'i : , ,.. � , .�� ' J : �'.i:., �:,�N.� � +ri � , .'S'` ( . . . !:. �i sf�l �:i�� .�:r, '� j'' � � [' ' � i• `.•-l� ,�� : I' �"•. ��%�.i� � � � � ''ii' ;�� .i. . 1' � 7�� . . �'`i �� y' �� ..� .t��,:[t. , � {r','. ��A�,.;:; .,; �, : , • . , Interru�ble Peak Manthly Therms � a! Gross Revenues ,.�.;# :r,sw=��;>�' �� (..' + ':�'' '`'. . '���� �.� - �.��� -___ _ �..^.r_ �:^}`i��Fglr'F�� �, . �.'i� ; :,�- _ ,r . :."s,;• ° ��'�Z y �� `���,�',> ��� i ' Me c3ustrIes Inc. B2 950 4.0 :•=`��s� �;�W�. �;, : � ,���' . �1� tal I� ��i ,.. '' . ,`L ����. :.'i�r_�;��:`;' ,;:^,° `� � t�. Morton F, Plant Hospitali 56,800 3.0 `;;��+��'j�r��s" �`-.�; ;;.s�c� r ��� ;a.���',��,`�-�'�� �'`�� . � ARA HealthCare Textile ° ;��f.' �'`a� ,� , 1' 't .��r�}i�{'�� SV ' ','�%i�;�.:� ' .� ''�5' �� . ,� 'fiF �,. ,��° � , �t,`-';s�s; �`� ' `� � Services� Inc. 55,630 4.0 ��'�.��, �. � �'.�' .f S'rS� `li��';' :aS�� . ',i�,�� t ,�.J y�:� N' r ``.,:��, .��„ ...�,�: ��s. - .. , ,r�' Aubre T. MaorefIeld Paving �.'�;������,,;xA � ,,;., �a. .,,,r,;.;� ;t:_: :; ,s'� � .. :,�. �. Y :�� � �: ..r"; � r�� , ::,`.�- °: � � ,._.;:�':; 'i�. •�, `,; . C. 36 570 2.0 :;�:, -y�� t <.,, ., :, , . ,.�: �'r.; ,.., . • ; ,. COntrdctors, In � �� � �r ., ; ;-,'� `;-�•�: '� ` � ��' { � ,' �° ��: ;.' � � �' �,:�; .s' � k P1astl-Kraft Catp. 24�850 1.0 �i�.� ,'� $ ;� ,;�:.�,:��:>;�"'`'�:-;�F�, ;'.:�;.'';; =„�;`�`;-..L .•�.�;��.'�. � ;� � ( � ;,: ;?-��, � ��„ : -<: _.�,.. ;•.;,:: ' . • ,-�y ; S� i ��.� �� 1 ::�i�� � F t?. ; `!.x,:":;�.,,; .�:�'r.< .,�.s•.�:'��..:..::•r;-:.Y=�� currently using an alternative fuel service n,�'�; �}�, ••..•; ,�;::����F��:k:�.i,f�:`1':k�l��.r'' "��•.s� • ;4S s " . . i���[.:w �' �I`�.' .1.:. � �t5•.5,•_ ;t.+ `���;r11�;'� , ',{F_ � �1� `11 _ '.��' .'f}Y .fe. ; • �l,�T ���'.�"�r � � ti � �� f�,�:, �. �„�.'�' •: �-..��.:. .;, ,. Th� City's consumers have grown from 8,914 in i9�5 to � i,6bQ it� 1990. The Cfty�s �f ��.� "� ����} �~`" ��,;��s�,� :;?'�iR�` °' �_;.: s - �`' ��° 50 n et n ratlon f appraximatel "� .� ` �, , = Y; - : 3: �:: , .. ; �. - ',�;. �, 1 I,6 connections represe t a naark pe et o y fi� . ��;�+{:�;.�� � ' � ,'a�1.i��..�i '.;1�'!.i;'I"_• ��;Y.'����~ e`�x��S:� � '�r'� . r . �., ' '. �`� :. �-�, , � ,� ;: � i� : :: � :.,.r��:rs''-:::.. , . , . ..,'#� , i✓`�_f'il�•�.'�}�i,i.;`u,:�t�'=;4 '�:�t,<��t•� `�:,,� �.;°;�,�����• The followlug table shows the breakdnwn of the Ctty�s customers by categorq as F:��" ii .�� . �.i; •,:l..'•��a..,.� ... � ;.::�` �:;Y„ s`-,�,' "f,';:.- ;,=x�`"�...:�,.,i--.�:.�r �::��-f�, well as the �olume oi gas sold to each category and the sales renenues genera�ed by each �;�' •, �;' ,� „ �: ;•�:s .•.:: i"x: A;r:s`i::::'. �• :+� - {. , � :.,; '�,y�ii�� ,r"�..)•4��':�r���.� '.,.;'.".f:�� }'.iir ,:5� A�i �L p�y�}�� a } .. y,. . I.�y'`�'� �r•S . ' J�!' *'� ' . ` : r:. `•t . � J "k` � ,�• :.�r.:tf j�*1s � {k.t•N����`,'.��`p���.,Y, :i,' .���.� �b`••.I• ; �k � �� � # 'rSL ,r: �' i.i � ' � e ; i�'. f"� . 'f�':.,. '�'r�.�. � �. °*. ,.�; .�� „.} .r.t ',��iF..��E.i�' �. ,. ' ,1� NO• GSS �+G^a'S ;i�4��T���� i' �� ,�'Y'.•.::,��'i�.. � '''•`�:1' ].•i, �.;' ''i `.�,:f , K, `;''.'�i. . 'e' � _` ��'���js�.Y�� ;�d ��ti_r�i".yit��•:J'�i',{:':.� v �:!'-.-.r,•,�,:i�:°: CuSL�me'�. V��ume �7�lPr.r1 � t� . ����!;" �.t. ..I. .. . ��� �� '���� t:��;Ri�4i�a. � a R,��rt': ;:• �� � r•}r:s'�� ;•.?'��t�:r�� ',' . �F �.� .� ,� � . R . � F' '.�,ti.7t'�..., y; �ti,'.. = ' > � �:: F ".: :c.�fci':' .'� s . " .Vkiil� � �, 7 �' , �•:''y"' �:r 'r-�"!:F: 'r t';� '. ' c"�3"'`'.'Fs�i' �� �•i'�:�. 'w iIlti@ t�bl@ 11 2U� 13� .�,, �' ,r. : -r :•' ���'�y l;r:s .,t` :'::� '�'��J`•"t,f;f•.. ''�,:=.i_`-.�:.•: ii�l ��� � f + � _� -•.�°,;3;u,:�..:z. �°*;.. W.: y f'.k;:� �`: Residential 9,777 22� 26� ^s�;�;�������r �'. � � ` ��.� ,"-; � �t:�;,��:�,`,;��i�,'•yt�;a;;���;•r,':'i:�"�;f°;�:`;,;.z"��:��;�'•;`: CommerClal 18�'i2 58`� &I$ :;,?�� �`��`,��i�.;,' gM�'� �: �. ,.� i .. 1,y �: * � � '7. � j I �3. ��e.1�, f . : 1 �, 'F�':�,i. i• .�� '�� i ti•:�s.?.. 1 ' . .J`}� ��:�u�t�•:�,�T;�. :a'' R..t�li„`r , ��.,.� y ¢°,� � .F....�•-��j�,,�e• I�' iJ�"' ;i �•'"� ��. � � '�:, n'��,���`.��c��;� `,��;±�,�G �?•,;:� , �nt,ernal Loan. PrIor to i980, the Clty funded a partion of ihe System's capital ,;''�i���;=��`���.�;r��y�'�,ak��; f f f. �, .>� ii ; `' � t�,i .� � :�..: .,�.�, ' �' . ��,s. i�,� n� .. r , i, � �'.., Gy��:�� ,x:�,��:;;.:,;=;��:;> ,r;,�f: .�' ;?s,�;. � impravemeats through an internal loan fro� other Enierprise Funds. This non-interest •hN_..s�.����tr,���,��;. w `'•r'i%!i`fJ7��id�n-.�.���i'',�� ;�F:,;^�;,�;;�;,;5'���;�:,..:� �-�`; bearing internal loan was historically clsssified on the bala�ce sheet as the current ����;.���'�;��:4,.;F;;�'`�;'� ;��r � i-'t c� }��,;�+,�'�`i :�;?(:', "•;-::;.. ��� �;.1`.�:'�'�'t n r i;Y!"rVt j fii �, ,��..r ,t r'''��:;-�;�? ;tt,41 �.t;�s' ���{:�a%',;�.;;,,�r::�`•,:c;;.., t liabi]Ity Deficit tn Pooled CaSh and Investmeats.' As detalled, in Appendix A, the �� -�:��-;;;�;,�s.�,���'• ... �:�•.;.r. s�,:i'��iit.,�:�`y =_:.f:�E';ri4^.t.:;r�:; .,1 fl t r.�..,,� e�•� }•,i'f�?�4,'�y;.�,�°:. �� ar.. '_.- .lr.. `�'�`i;:�,'•�,, , .'. � remaining t�aIance nn this lnternal laan was reclassified as Due tv other Fwnd� in the -.� ,.,�.=�- :,.. .�,. ,�• � z°�;:1.,,;,; r ,°> :_{�.,;�+�m�. . +':�n�.'�1'�;�-i�� . :T.:�,S��.•' .�;, ; };, ;. l :i.+SY'.`.F�� �i,� :��,;..;�'��;�:• � ':.:`��:�+�e:i,-'.., � City's fiaancial statements as of September 3D, 199D (and netCed with other amownts due ta or from other f�nds). Caasinitant's R�camme�atia�. The City recently en�aged a aational firm oF accountants and managemen� consultas�ts to prepare a husiness plaa far the System. The consultants identI�ied the stra�egic g�aals and objectives the City shauld se�k ta ' achiene. First, to retain current System custamers and obtain new connectipns, the cons�ltant recommended the Ci�y imp�rove Its level of service to System customers by, amang other things, praviding additional training oi System employees, adding s�ff �o meeti customer demand, providing servtce more promptly and Improving customer relations. 5econd, to pres�r�re the System� develapment potenti�l, the cansultant also recommended the City expand the 5ystem north into Pasco Co�nty. The City is implem�nt3ng plans designed to accompl�h both recommendattous. F _ 1 J� � � � , �, �' i� .�t• ; `' � x �; �, �' � ,4 ''ti �� . `� . �. .t .� , ���.. �i �: �. -� �� � '` f �ti i i �� �F 1♦,�� � �S �?';. . C� [o � � � � � ',r�i•i�r^�!�:��#�'i�H�; i+yw.yyx•,•.. ':�..� »i. . ,. ��`� , . . , . �� .. ,. . 'u ... . ��,-�.,,�.,e , . i� � . �,3�,.' • .•� .'F.r.S �k'� i•' i../r�`�r:, e..�.�r�.,.p;7^. +t++'w';ti^;t!`if��? � . . . . •rr..,,.... � �".,.�. � � �``� " . � :. ...: � . . CX. � ,t;R � Z . 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GROSS R j�; �i►.i . :,r.�',;,:." •'A���,'.�: �` °;�-,;;.� :.,..:�-; " � 'j E�1�'1�i.1F.S: �' �:�:i� ��= :.F i 'i�f..�r�,.. 4. ���: .; ;.'� � �. .. • � , �_��,�:,; r',;;;;�a}4:._.��: :�:.:.::.a.if,:'.�i:,;'.:;,::'i;,: Sa.les to Custamers $8 983 905 '`. �-�; ��?`t,�:•; �' �,';� ';'��;'t-;;5'��;�;�x��^" `�;._ � Service Charges ' ' $$,715�03U $9,428,884 ti=�'r�;, ;�•:�,��1'�<<�: ,� .{=.r:....:.;�: �;:_,.;:;, M =: � 328,814 272,U9! 32 .•� .i rf>,..��. ;�-"�- •<;�'r,. •, �. on In 2,993 ; ;� },:� .srS;;' <. f,;"",° ; .. �arnings vestmeQts 146 385 s�. '.�py ".�s:•�r,�„�'.�: •r;�.;:�.�;r;'.�4� � � � I80 972 f �z: ���� ;���:�:�;;�,;��=r3r`-�•. • . ;c,;. �•;.�.�;:: •<,,.�� � �, : � { • i Other 517 2� I87 21g'Zps ''�: ; � . '�°� �-�:��� � ; .:= ► s t t �:}. ;� ,�`, . ;,,_ : � �:;.-:�: ;;.; :,�� ��' `,,: w ,.. � f v . •..1,.a; ; . : . `tci � � ' .'i'• :�'�sr�r�., ',�},� j�'� w::.�r±�,��:: �,� . !i,..�3;� ,i����r; •�::,: .,t.: ': ,it .i� :_�. ,A'. ��L:ai � sl�� ti.: ..��_:�� ;����.,���. . 1�1.l11 ' =�d',�, �':,.�•.:`,:::���� s ��� ° `� Gross Revenues $ :: ,; a:f: t�',�'�,s;,•;":.� ,�.�� ,.� ..; ::•:;;;;-.-; :: 9,467,�2I 9 170.2 9 56 i�' '°.s = '�'�r��<°:;,<a`; :,_.3_-:�,:, �a�;;,: �'µ $ � BO $ . 6,159 a„�•.1 �,, x^ : f.s.•.:•.:��T"•: : �1 r. � � < i';,e } t'r:+..•'• F-;" � � ['�._� s�' �'.�•`:f:i'; 'x-�7��:s. . .,i'i?; � � � ! � � �� �;-3 � K:: i'N; . . �• r . f. �, :. -� ,,� , . �,�3;f. �:.i• �; �c'4F:4`�,°,ti,;..:.3, ,- � �PBRATION �=' ,.=��s,t�. ;..--. s r;�.,::.:F� r�; ,., � � C� �`���s:;;��c:i',�';�:�:,�'1�:'a`n:'-`;,,.°'�4:�;"�:.c.� ;'�� S'iOF AND ;�, ,, t f�. �ir ,. ���:�� ,j..tiF ::�s�,��? 5:"�r'�•'=s'„q MAINTENANCE �"�',r f:•T 'T`:,'.K`f ; '::,�y� r•zes�,.�.'� . ;.; -�,`� �:�:::�>i_�_,,.r: �;r;�; y,�;;i�iw :� :'�}% = �:..'�;;' , -�:� Personal Services 18 352 �F'!';�„k'r�'t4�=�'l;..j-, .3;,., �;, , '.:' '- 1 rJsl r �-: . �� � 4;:,;�, �� `;. .: :� ~�; �. $1 �4 • $ ,�so $i soa,g82 '�`�;,4.5'•.'� �^�!'.'.. �:r:'�`� 'T?� f ;.�,:,:�.,�. `;�,i�•p:,r;.:;s�: r.� .�,;,�:,t e�::_ ;.;�;,', � chases for Resale 4,073�364 3 873 58Y � �L'�=l�; :s; ��;.a�-�;�-�:���r.f,:�;�,�z.,:i�;'�.:;._ . Oper. MatertalS/ • � 3,933,459 ;.`1'•t'. t'. .1'�'^ i �� ]. � i._� ', .. ". r,i: itip'�r��:�;i"y�.�: �i ,.�t:� .iK'i'c.•',.��,�.�1°�. tiSw:' t� t ;:� i� �,q t' ;��s,y.�. �:'�::�� :,.:�; Supplies pf1 1(� ' ,' � i..n �, z� ;,' 139,128 e�►C ..�;:i �;�,�'j:�-.� �r` 11�'1''.;eC��'<.i�ys��•-: . r� �.^ } RL�1�7� Nr? fiu� : ii. �:.`s `i.1:}x _., i� . 4 • .t": l .�' i ��l L6t1Qn �5�2GN :� � :� � .• ,+'7�- 29U 007 �r, �'.. 1-��;,z�:. ��� ,�: �,_,,.���.i�._�!:�.�;�r��z.;... � 287 117 222 952 � Utllity 5ervice Repatrs & Maintenanee Int�rfund Admin. Chatge Taxes Other Totai Cost of Operation and Maintenance Net Revea�es 27,328 Ig2,17$ 540�838 227,741 �450,155 $7,309� 1 I 1 28,069 192�179 Qss,zaa 212,797 59B'7&8 $7,268,388 39,488 256,B7I 484�820 f ; 239,$03 �;; 58--1—,00'7_ �;, $7,�44,007 $2,I58,510 ' $1,901,892 $2�122,152 �_---_'=_--_-_--_�___��==r�4�==-__��=_..��__.._��_- Sout'ce: City of Clearwater, Annu,al Financi�� Statements. i�} Excludes D�preciation K.:t• ;--:��;.���:,yt • 1 ° St�.�� �'••'tr� f. �rf :,'+�, 1�� � �� �•�i'''�'i':'lr�`�i� �.;? :'��u r'�� . ' }�`�f h i:I, *�� �. ` �i ''•'.,�� ,' '' .���'�r.t�� � ... . . •t.�' � ��.1 • `y� �'�7Q` ,1 ,,i �Y,i.. - iB - � ..—.. ' . . 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F.st�blid��eat �aE Fun�s amd A�oounts The followi.ng Furids and Accoants have been ; ;L �� `�. . � ; . ° � '. . , � esr.ablished purst�n� to the Ordinance: �: ���`,,` r.:; . `r. � � . , , �1 _ •�: � Revenue Fund ;;,�; � �,`.. • � • ';''� � .�' � � � � Operation and Maiutenance Fund :,y ��,,�;,`.,;,t�'° `,E� �',� �,�, � ' . . � Sinking Fund t"�:'�:r."'�r.?.ry�':'.'.y3.^,,i.�.�l'��, c•" :i: . :.��,�"' �;.,� �s, . � Interest Accounx �•`-.F � `� �<``J�; .�� : �:� Principal Account , ;,;�:��t^;;.,;;��,j' �' !~�>�%�`- � ; � ' Reserve Acco�nt � i. `+A�` Y. . � `�,:: <;'`; °-'r'. ',':. ,' ; Band AmartIz,�tioa Account . ���.��.:i�.a''i.r;'i+��• ... .,�"'t�f.'����-., • �. -�� �`�,�'� ;a . � ;�;;;_.��. Renewal and Replacemeat Fund � ��r- �•,., � � ��': >` �ir:'��.i,'.f.r��'.-«.� ��},��i'¢ti:'��.�- -3, ;•.it:� r,• r,::::i�; .':£�• � .';,, , A separate subaccount is req�ired to be maintained in tiie Reserve Accouat far -;: �%:�":':�:: `.;� `,''�'f> p �� �.� � °,�.'� � each series of Honti�. L. .y.c, �. - �. '...:' �;a<<•; � , . � , ., if :1. �'r?; :}•�i',' ... �:; �. -... ' �;'L4:r�Y1.�1 '11.j' }! . �;:;�i°;�v�'>,:4,';:,:i;°ii,;��.,;;�.::;::�::;';;:9;I::;; Pri�arity a� Flvvg af �tmc#s. The emtire Gross Revenues, except the income from ;��; ,,.,��.`: ..,,u;�:,.t ;�. .. ,.. ,�� inn�stments (heretnafter dIscusseci?, dertaed from th� operatfon of the System musC be ! x ..�{.. `'�',IM�:.:�: • � 'f,� ' E . ;-. ��.'�r,r:;:K;;: ;_;,� �;���,��•'. deposited fn the Revenue Fund. The Revenve Fund constituties a trust fund for the �; ���+;`_: :'�?: �.;s_;-�Y` ,�� •':.,�; �:.��•.�".?;-:�= Purposes prnvided fn the Ordinance, and must be kept s�parate �d dIstinct f om r � r.:� r all athe . p'. . y',,. _, , �. ;'�.I?�L:i °i '1,i.�:... . ..f�.'�� .t•'".i�. ,:; .;f; '•:.x,;�;,_�`,; "-.��':..: :°• :,� funds af the City and used only for the purpases and in the manner ravlded in the 5,. ; ,, :-,, ..: ,:c �„ . �: t. � ; a:; • � �,:: ... . ,:; P ;:>`�;�,--,,��;�°• :s: ',4•., k=:-�.:�•:'��� Ordinance. ',�''ys.'= ��'�}Fii'•.='�'�• ��t'� �; •:...'; :�. ,i,��ji'�;•�.r; ����i�, :'�"�`�.�5 i�'.�j.;:. ,�,Fyr'��:�,:�i: i � �� �, �,:�;'� ��,�s=� .. ��.;'�-,+"���,- �,,; All revennes at eny tim$ remaining an deposft in the Renenue Fund must be �� `~"���-������:,;�„ ,:�,`;.��u=`�-'`i;,,', .i disposed of an or beiore the fifteenth i15th) day of eact� manth, commencing in the •��� • �. -.i:'<�.,. •.�.�1 • •? • �'� � � ,"r �:��.'.�:': :'�•'z•�; mOII�I ,;e�4F':;� �' ,i;, :�HE���, 4°�� �' _±''•f '°�-. �; immediately fallowin the delleery af the 199i Honds onl in the folIowin m r �a�. ��,"r.F.: >. .•.��ti,A;,,i�;=�.;,',.. ;�,, B Y S anne �q�;�°;s,rf :r�.,;�7,r'�?�1';.; :,;,�_.,�;"� �;'� and in the following order af prlority: ��'e' `': '���:,'i�;,,'s:.::' 4'.i' •;;�`1':{°'!t`�•'e'',': '.'y 7 k•,,ry�tr��� -.�'Y''}''tiT�'�,.�'+e':.'i;�-��.�jP�`;.,�.�;'i � �it.F �'� 4'� � +� -' -.:;;_'��.: :� �� � �� •.;, .:;� . Revenues must first be vsed to �eposIt in the Operation and Maintenance `� t: � :'�k; �::t i � � ; �'�' 's �.� -!': ..�YS' ;� ��f�,°.�;; :'i� �,;;� `?�"�'_;,;�;�,;;��'�t':��;.,; Fund, such sums as are necessary for th� Cost af Operatian and Maintenance for �he next °� �� `5 '". `y� easuing month. �z� ' ? .�• ;��.°�R•:' '�".:�f,�: tiL.<.�`ti. '��.y�;; � sa''�'.n ..: �rr�f•�:^'n "':. ,' rR� . ��.`, t ;��)'� � -`�:: ���Y:��,'1"��±lkKi,'�'� �ZF4'`�i'a._ -"i��•'t!i�!�•`�:':.� �. � 2. Revenues must nexi be used for deposit into the interest Accoun�, such s�ms as wiEl be sufficient to pay oae-sixth {I/6} of all lnterest becoming due on the 1991 Bonds on the next semi-annuat interest payment date. 3. Revenues must next be used for deposit into the PrincIpal Accaunt, in any bond year in which a Serial Hond mat�ures, such sums as will he svfficient to gay one-- twelfth (1/I2) af the principal maturing on Serlal Bonds in such year. 4. Revenues must next b� �sed for deposlt into th� Bond Amortiza�ion Account, in any bond year In which an Amortizatian Ir�stailment is due, such sums as will be sufficlent to pay one-�iwelfth {1/12) oi the Amoriization iastallment required to be made in bvch year. Sttch payment will be creciited to a separate speclaE account for each sertes of Term Honds ouistand�ng, and i# �h�re is mor� than one stAted mahtrity ior Term Sonds of a series, thea into a sepfsrate special account in the Band Amortizatian Account far esch such separate maturity af Term Hands. Ti�e f�nds and investments in eaeh such separate account are piedged sole�q to tihe payment of princigal of tihe Term Honds of the series or maturitp withia a series far wh€ch it is establlshed and wtll not be availabl� for � -19- ; ' � ; e..,� � ; '` ,Fi tl t�''f `. . "�S'•�I.� ''..i ',�;'., r'. k: .'.y . '. A��y� �� A. :�y �., .i �jT.. 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L .i ^l��• �. rt� '4:� �'i.� �. . � � .�Y r � -�f . �= � •l. � .��3 �S'�a :.i' . f }r. �• • � '�= � �.� i '•<�' �.4 i�. � ��`r; F : r ' .z r. , �S � �• <� . . , . . . i . .,r� � � �'- . ^7 �'i7„v>.;�:, �4. , � i� . .�x � R. �' " � )' t� r �c ..,. �.. it 'r:�'���i'`�. i' :.� ..a: �� 1 . . '� r i ". . � � �> . . TS� i. . . '. �'��•s "li�. '.Y'• ."i.s� � � � •-d ._ r l /� •�� i . . . 'tt�� i T �� 'c 11 .�. � . � 4^ � .. ":i�, 1•t �;�...1. . � . . . . . .. ,�� '3:A'_V�„�..4 .� i���, �Y ; � , _ • ���!';..�s w���.:: ' � ' � I . . � . . . �i ''� ��f''� ��.�e��-.t;a?,�e.�x:S,. ` ���1}'•.' P�" � i ti ' . � Y:^ ;�•��.. . !. `� !4.�y r � . . . > , . � ` '�� � - • ;� •� 1 ' , :'i''='�'��,� ' _ rNi►. i+'�Y . R, , � . • . . �1:`��.' °i °•�k.'' '. ' "�ttS:; oc +r . . ' ,�. ff.,��{.�;,...�.;.., � {�� 4i� ��'7' �� j� .� . . . 'F��r�.���t t) LI�� .=!? r t f . i � . . . . � ! ��� ' ~�y.i F} .�ln:v�1':,'��7�•�j'i�Y'j�y4,tl.�r� i �y , , , `.i� >�� s�t� ;"5?�5:� "i�r e �i 4 •t ' � . � ' . � � � ' �r. � . L-. �'` �' Y,i�;:': �{FfS�� F�. �4 s, �,� .� . , .h� 43;,m�r: ���„ ,. , rs .f�'. f� w ,.t. . F1'r,, .y.,j�'s f� h{ �"�� � ' ''�7�'• 'S �� d y " ' ' , ' .'� eF • : �: ?f•. : '. . t ;`�.;� .�1f, ;� `'•` 1kI ",t 1��j.,� , , . . �tiii'a- 'i.'���d�(+f...e 'R��`�� . . . . . . . . 1�. �. . �f� i, *LS:���� t" `�r• ° � . • . . ., �,� "�.::,��{� , •sg�..;:��'���:��� . , '�,_; . ;',;.3:•iF':s.':�`;i' i�',i ���. , 'k':� !'��fs1�131e� 0' ' • . . ' ` . ,t:..}-;5;�"�.. ,A .f°�,'�".`•` . . . ., ' ,,;y���Tt':°ry f�� . � . � ., � � •b .,�.~:,`i>>:.. ' . . �,i: ' .. . � ' t�l,t '.1� , ' i � '. �4• , � ,i: . � ` 1. � .1 . � � � 5 ' � . t �� . .. _ .... _. . .�.. 'f . •}`f ; . ;.jir`'�'` , . ';��;;;? v `='`�.:3_�.:..: , ; YIS': a;�,;.r,r; c'�::'4:'`�;. }_,.. . . "'.rf..l:.i:l;is';tC��:;.C�;,��. j• ' •.:'i�x', �'_�.1i �rr'<'+•.•; I.' '''�" �� �:t� . ',"�?,. Y ^,�r .. :��.:., � '?a"�..tr+Y:�, +" , , �.IYrw}..•k°}. i�r�Jr.}; �' .:s d�'�'�;:�y�.�.\�;�t yi_k"':; a�.i{�' I{' . : t ... ' .,5;+ ^1�..�.'"c��r y'°J''t �! . ent urchase or redem iian of Term Bonds of an ather series ar wlthin a series or `-�jr �°::,'_�":'•:,;����; �::;�ii��„};�, : ' �, . '� , PaYm , P 3' ' _ ..:: ; , er to any other ccount in the Sinki�i Fund to ake u f" y"��` ��* h ' , m an def iclencies in ., ..;,st; ��; ;°_s,.. �,,, �,., �.:'K•. far transf g P Y ,r;���.,;; ,�.t�::��.,;,���°;` I "'��: .� .,.. �4�'i•. dv,. � � rea_uired payments therefn. , :.,,�,: . �:F • . , . � i � � �`•"'��' '� �`��' ���� �,,�t� � Maneys on deposit in each af the separate special acca�nts in the Bond . , . ,`� : e�'� �� �`�'� :; �-. � - , Amortizatioa Account are required to be used far the open marlcet purchase or �he '' -'�� s`: �.� '_' ���`: "`��� �: I� � redemption of Term Bunds� pursuant to the Ordlnance of the series or maturity of Term .�. �;_ ;�;;..,..:,'_.. ..., -..`. `�. �� Bonds withLn a series far which suct� separate special �tccount is �stablished or may -;' :�l: ' � �. r. remain in said separate special accaunt and t�e invested untll the stated date o� maturity �� r `.�� .., of the Term Bonds. ;;;� : ;.r ; � �_: �' � � . ��- ;: }- :. � Tfie required deposits xo the PrIncipal Account, Interest Account aud Bond ,:_'���(� � �"y5 � '. �� Amortization Accaunt are req�ired ta be adjusted in arder to take into account the fty.h � i. .�,�.e �>>�:�.; _;�;t:�_;� amaunt of money cwrrentiy on deposit therein. ,� �' ��" � e Y��' �r,=. �'��,p ~� 5. Reve�ues must aext be applied by the City to maintain in each subaccount in � � • :��:; �� :'�'�.:' `."= '-'" ��� the Reserne Account a sum eq�al to the Reserve Requirement, if any, ior any subsec�uen� `":.,��,_��'���'' �'�° ��',::..: �-�;• year on each series of Bonds, whicii sum will inttially be deposited therein from the .: ..r� '7�t.. . _4::�. . �i• ��"- •'' �'����:��� proceeds of the sale of �he 1991 Bonds and other funds of the City, To the extent the .;:, �. . �: . :�,p.,:_ �.'. . � : :'-�, .; , ;..::``, ;.,.;;..i':;;�.�;;;.��;',';a.�::'.�,_�:��:'';, City determines pursuant to a subsequent resolutian to i�nd a subaccount within the .: ��,!�; ����- �.�� �� �.���` Reserve Account fflr a respective series of Bonds, the City may prpvide thati the �� ...�, : ,. � ;-F;�-r;.,:,;�°'., � dlfference between the amounts on depasit in such subaccount and the Reserve . w ��� ;��•�.- :;:y=�� J� ;,"•� �'•��� Requirement for such serIes nf Bonds shall be an amaunt cavered by obtt�ining bond ..�.� �'� �A �: insurenc� issued by a reputable and recogaized municigal bond insurer, by a surety bond, . = ;;;, �'+;�' ;•t ,. = ;i' ;�_.;, �: �•�S'':ti•�,��"_�:: �:` ::: `;'::?`�= f.� �.r-:.`;�-' ; by a letter of credit or any combination thereaf or by s�ch other form of credlt . r , :� <<_�. -'�.`'a'� �.�`.�������1'k';'- ..�'�r��° enhancement as shall be approved by a reso�utian ai the City adnpted prlor to the ;:4 :`:'i-• 'F; . �:,,, ,f,: ', ;,r�„ `t ..� �: %':,- '�� issuance af the serIes af Bands for which such subaccflunt is establlshed. Such resolution 'Y`���,;,;�'°'`:,-�; ;'F;,���`�`:,'3;: "�� may also provide for the substitutian o# such credit euhancement. Bond insurance, a ;,. � .., . . ,. . : . ��; �;, ��',� �'�'`'�' �` � surety bond, a letter of Gredit or any combinatIon thereo� or suci� other form of credit � ',h. .� 5:'���.i4w: 3 •".I � . . . � l; _ � � . ` : r�e: �'1 � • " � , ' ."�� :°=a�'� =f=:� '�` •,..�; �`. �. enh�ncement may in the future be deposited in the subaccaunt in the �teserae Account =.r. :� . . .'�-:.. �,_ ��''4,�: ��'`�1� 'y''' ` 1 n as ma be a roved b su uent r�solution of the Ci rovicied :;: ;�:� .; �`:',�?,<�?, �}�:., ;,.- fpr the 199 Hq ds y FP Y �9 �3►► P �� `�' '"?'�` :•,�,. �:4: t,�,�1,�; ��'�.r-,:, �,�� that the provider of s�ch credlt enhancement is then rated in ane of thc two highest '��':= �� 'Y '�� •} ��� tion Standard and Poor's Co ration and f�xr,'':";"?`4���`�� r�yi'f'*Eit't �i t��:;';,�� rating categaries (withovt regard to grada ? i�y � ����r�{�i��.�`' :��:?!I �n%f'�;1�� •-�� t+�;,;� : ' ' Moody$ I[lveStorS Setw�ce I[�C. ��^!'.i;C; . a`'S t�`?�'f�r '.,-s" ;y'�ta. z„ s��. f �,���f`�'°u..��'�:,tt:��j.�,�Y�a.i; ,,;.�.� :i'. :`:"''°���i: �,`;<'�L�'���'�,�.�`Y,��,`;`.� �ti . ithdra als f ba t in th R serve Account ar� r ulred � �. � :;: � Aay w w rom any su ccgun e e eq to be subsequently restore� from the first m4neys available in the Revenue Fund an a 'S� prorata basis as to sll s�baccounts in the Reserve Accoun� after all required current ��✓ payments for the Opemtion and Maintenance Fuad aad Sinking Fund (including all �;!a deiiciencles in prIor pa�ments to those Funds) have i�een made in fuU. � 1Votwithstanding any pravisifln of the Resolution to the contrary, moaeys in each subaccaunt in the Reserve Account may be used only for the pvrpose a� the payment af maturing principal af ar interest or making Amariizatian ia5tallments on the Bonds for which such su�ccount was �stablished whea the other mo�eys in the Sinking Fuad are it�s[i#iicient there�or, and for no other purpose including the payment of any other serles of Boads. In the eventi af the refuading ai any series of Bands, tl�� City may withdraw #rnm the s�baccount within the Reserve Acoount for such series of Honds� all or any -2Q- � � � 6 � � s '�?-`,'�:j4'�L'�+y:;R�i�. i `h.�. ��� : • � , k' '�• a'�,�lw.t I�;�r�:�i'l' 'S ,�; �� � .'�� ��'� t., :.13 ��•�'�� '�i;�r�lr.'�3j'` :tr•'xt r:^41 ,�E . ::�'�:,:�'3,��;' - -;:_,; `'fY,� ;�.. ] :.•r. _ ri%'�Y�i'�. „ ,.i.`!'57.�...'ts�; ; ,,�•,�<� '.�3�£�y ; �.,�:y-:. .� ��`i'7��f� i :i;,, ��� �:�;�; " Ay'..x. }'; � ° r�•'7�ii .:4 :�Yi .;: + ,�-�:�=�,3 .:�`:���,';� ;,,:..�, � •.����- .c ;�, , ._ � ;' . ;, � r. �°; .� �_, � ;. .. %� f I . r� iJ �I ,� F; �� � �I �, , + {� r� � �•� `� : �� � „,. , r.� •,� ;. , ;,_ , � r, , . ,� �., � O io l' ' `. . � L� �io � � . +` �#; �, '' '. ��'• s ''�[ , �p � Y . �� ♦ y . . � .. 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Lt -j;. � . . � � . .�� .��G� rCr;r..1t�°. C,.1}'F.!f;.€�i;.. ��� � ����,�. 7*r.i�.� 'ti• , � . � . � . � � . . '�r• ;';;o.�. .�ri f � r , 'f�� 1 � �:� � :����.4 , ��ei I�� , . . . . , . . . . �r��'�S,�t:� •� � ' �r � 1'i.:'` , t. ' 1ny�� �r,�=.�� �r �C ,, ��i. . i S. -."5'��gMa'�:i:j�.4('� yt.. ���. . . . , , . , � . • i�' ] 7 •�I•,• �'�, u'C: r.. �:t't.��r � hY � 3, �`fi� � ♦.Sk .t. !�t]' �3, '�i�, � , ., f . i � � "f'• •'L +� � r �'� �7� � �+�. �t�,' i , . F�e .r�< "? : , • i . . , . . . '•�. �:' `'k �" `f .��.,:'' s�:.r�,.:�,5,� ��''� r� :,'�"�f;i`�,�fY��, . �3w .r- b � �?�.� t� _ ' . ; . . �;��`:�; � �• ...,e.� �!-'mt�`f .� ' ��i t � :'l.. � 4 1 - k' �?v . ' • . . , � � . . , . . , . ' �s � -'S,'�' , 1; e7'• �7t ir°�4' .�t �T.J,i�� .i�?g �C� rqhk - s i.: -.�� . s 5_', • l . . . . , 1' �r�• eF. r5. �� �yC 7•�•r ,d,' !� '<.: . „ . �. . , , � . . . � . . ':eS.�r, t'c t, ��• .,� :5`'� ..� ��.' , . ��a, i �i= .P''�''S: iE � �`;°,f. �'t.} ,• 7' •�i •1• •1 ?. . . , , �I3 •F �j.F' �•�� �.4 i�� .'i. � {;�' . . . . . . , . . , , �r :s �'1.r'.,k. b� o�••� ` i� '.r.f S'• . . , .. . ��' �i��.i•,^ '1'• `�.:t�',i .i .. i: i .�i:�jZ`, � _' ���. 4'� ' . . ��� , ^, i d����'.sYN�"�. ,stY':i•��;.:L�'i'��''1•�7r';.3(:� � . e� � ' � . . ` .� � ' .. ' � . • , . ' • � .I � . . , . . `•' 'Y°r �F:�'i�ii':�'ei�'`rl�t !���`SI ,}:',r>:t'�F.i�"�t�.r'�'-?ff,:Y�i �,`. . F'�� , � . , . ` ' '• . ' . , , • . _ 'a •'i��°�)��"°,{{z?,.;'`�,'�,.�;;' �Y�P'.' 3�,az[r�':'',°.:.3'� '<'` �'� '' . ' • . • . . , . . �t,' .:n�. at .{: `,, .., .7' ~5•r�:�i,� 't[P� �r..�l..':'�';�r . . . � . . . . - :!'„,(•-•,`, �.fl ,''"." , : t�� ;,•rS�7-,. t�� �y. � , , . -, . ;;r� <�'"'i.•• ,q'� 1' �Y� '�t"�',nFt�=i' `�;�;f!''•.i:'. • . • . '. , ' ' • . . , ' , - . ,r='', _., .�� . ; .�,�� �•, �.:ti � .r '�. :� .. � . ' , ' . ' '3 ��ii9L� :�,.'k',�� � .. � . . , � .. , � 't ";r:".�' ;'el."' � ' � r ' . ' ., ' � , ,ii �� ' •[„ii'. . �'i� .'� � . , , .., � .�. .. ''>,�:.'t �l ;�. F!, . . , • . . . . � � � . `7- ' ' . ' , � ' .. . '��'}z�., �, ' j� '. 5: :, ' • � ' ` ., . ,��,1'.��s � � � ' f •.' ' � , ' ' � . ° � � �: x,,. . � ,i . ' �rr�r.• .YJ.e�3`[•,� a """' '^._.._.i _ ................ . .... ..u. r . ... ...� . .. � . . ... . � . . . � . . s ' : 1 � .. . - , i � • . 1�q . � ^f' �.� � 1 �.�, - }: , : � j � ... _ . � .. . .. ., . . �.. .,. ..... . . A . » :.. ili�S.ivY:lfiL� " �r'iiA�iilLi�Y �:°, r`i ', �, �. ' ," ' ' portian af the amounts accumulated therein with res?�ect to the Bonds betn$ re�unded and ,. •�' .�: �' depasit such amounts as requlred by the resolution suti�orizing the reft�c�ding of such � ' � � � � ' ! series of Sonds. � � : � ' . r `a .. �t�- � ` . � -. • i� � � � f,. 't •. � � :;-„°,,:.. 6. The City naust next deposit into the Renewal anci Replacement F�nd an ' �� :� amount equat to onc-t�velf#h (1/12) af sn amount equal to 5$ of prior year's Gross � �.�rti . '+ ; : -:'.� �: ` ; `` � ' .''� ` � � Revenues; pravided, however, that so ?ong as there shall be on depostt i� such Renewal � s=.:: �� ,.. ., .. . . . , ...��'`. . , � '� � � . ; , � and Rep�acement Fund a balance af at least $300,ODU, no additional deposlts in such Fund ' "'�� , `�"'' � are required. The rnoneys in the itenewal and Repiacement Fund may be t�sed anly for L� : • .� A�': �•: .` 1 �'.: . I�. . ;,,. �; ,, :'�:�. ,.;' :° the purpose of paying the cast of extensions, enlargements or addiYions ta, or the `� °'� :� �. `. replacement of capita�. assets of the System and emergency repairs th�reta. Such �.�",_ ,;,, ;,,�:�.��'`,:`,��'; ..'; :�•. maneys on deposit iu s�ch Fut�d are also requ[red �o he used ta supQlement the Reserve � , ; � � ,. � . •: ° �' �r : : •' :"•. : . � _ � A�count 3€ necessary, in nrder to prevent a defanl� in the payment of the princlpa� or �- -�° f Amortization Installments nf and interest on the Bands. ;'.:, ; �, �.'�, � � . � � , _ . � � •> � � ��� �• 7. The balance of any money5 remaiuing fn the Revenue Fund af�er ttte abaQe : :,` ,#,��;.1.;..;;. � �;� �'�..'� �.� ''` � required payments have been made may be used by the City ior any Iav�*fu1 pt�rpc�se. � '''' � ` , ..�� '�,�. ��'�� "j � 8. The Operatioa and Maintenance Fsmd, tha Sin.king Fund, ttie Renewal �nd �'':�: :;�:`: ,,'x`; �:�;-�i` � ,�' Replacement Fund, the Revenue Fund, �nd all accounts therein and any other special ��'� z.`> �,' . '� `�: funds established and created under the 4rdinance canst�tute tnist �uncls for the purposes .�s.:�.�'.� �� � ••� ', _.�',�.;.; ��''�, .� , provided herein far such funds. All such f3ands shall be continunusiy sec�red in the same �` ";'E •. }`. � �� manner as City deposits are a�thorIzed to be securec� by the laws of the Stt�te of Florida. l. - ;j � �• "����i , ' ' � .l?� '"b'�`7, �5�� � ��k'. ';i� .. I ,} �.+Q1lF.LYi9.L�i�7 : ' ��; �.:�.1'�-�.`'.�;: . .� i `; � �. ':7 ,- ��''" :`i.`� :�:`•F¢f::�: :;�"��:1°':�.., . �,c�?"�. �. �:: >; �: ..., � .� f Rate Cav�t Iu and by the Ordinance, the City has covenanted Ehat it will fix, ?j;°'�.� �:i'.�� ': �:`� '''';.•;`•'`°.! establish, revise #rom time ta time whenever necessary, maintain and calIect alwa(}� �' .i� �.jz� °1' �i.. :,. .�. ' � �1"� = r� ;�. ,: °• ,;:..;_.� � such fees, rates, *entals and ofher charges for the use af #he product, e ic '�`: ''` faciliti the em � rv es �nd `��. .������` ��� `�" " ����''�.`'": F.''; ' i es of Syst which will always gr�vida Revenues in ch fi •,,�, � `'� .::.r1 ;..,; _ ... j . P.� j�P.Bi' Sllf 'C.�L'Ilt t0 ':��`;°_, ° � !� "'{'�'`'.�.'�r„ :� and out of such fund, 100� of the C�t of Operation d Main ,. � ,,' ,�;.,, �,,,�, _ . � .: � P�Y. PaY+ an tenance at the �;s:��. ` . r. �:.. �. r��� �; ',; . Syst�m in such year and all reserve and other payments provided fnr in the Ordlnance and .l:S,;�;ijf .},.[. , ^ � � ,. '�1•.�A1 •I':;:i.?. ,- .y' ' .� ':r::�, �. '';�.` `;�; `�-.��,� `` :'' .' °; ;�� 125� af the Hand Service Rec�uirement due In ch ear an all ''�� '',� '.,`� Sl1 j� d11�5�8IIC�Ilg HQtldS. '�1B ';.�'�, Vr;`'y'���'• ;'•.E' ., i`,-: } �� �°- �; ��'�':f;�;:,;�`�. �-'° r��:��; �° '� 3 City has covenauted that such rates� fees, rentals� or other charges shall not be reduCed 'l,1�r I.y • ` �'�, i''�.i�..kcr,.[ .ii'.�°.,;i `�.;',�'rf. .;�,ie° -�,t:;�f�.���,::; •�:,, �� {� s o a s t o b e i n s u# f i c i e n t t o p r o v l d e R e v e n u e s f o r s u c h pur�wse s. �t�tk. . ' � .��:} 73� ;�r��'a�"�i. l�."4'�1. ,�'';#.�"� ~�.k;'� ;;•,;��;, �'���?'..�.Cyrr";`' �,� ;�. h. 41 ' . 1,' il-.CF �'.I,SNk::°a''}.,'�.�' . ' °�:,: �':�R.:: •:±:< i• ��r4 �;,, ti��s°;�+.�r;,'' Addit%oal Parity �lig�f:iaos Additional Parity Obligations, Pa3'able aa Parit3' � '=��'`Y;�'"�`�: .''` ,`��:�' .'� from Net R venu th em 8 ��� ;��v ��< �°• ��:�;:F-,- e es c�f e Syst with the 1991 �onds� may be issued after the issuance _ , . L' {. .:..i i,tY_ �!. ,�. .. 'ti.' . . of any 1981 Honds, for comstruc�ion and acquisition of additians, ext�nstons and improvements to the System or far reftu�ding purposes and upon the #ollowing conditions: I. The Nex Revennes derined or wiiich would have b�en dertved, u adjusted as seti farth below, from the System, elther during the immedlately prece�ding FIscal Ye.ar, duri�rg an�y twelve {i2) consecutive calendar moQths oi the eighteeu (18} c:ale�adar manths Imm�diateiy precediug the sale of the pragosed Additlanal Parity ObUgations or during the last twelve (12) month p�riod for wl�ich the City has aUdited financial statements for Lhe S�stem, at tlte option af the C�ty, shall have been not l�ss � 125� o# the Maximum Hond Service Reqttirement which will become due ia any calendar year ti�ereafter on ia) the I991 Bonds theu outstauding� (b) any Additional Parity Qbligativns Issued and then outstanding, arid (c) t.he Additional Parity Ohiigations th� proposed to be IsSUed. � � -21- , � ' . t e � � • ' f . - `'l '°'T. .��'��ReT'e1�•���I,� � . . �n�.��`I}�j.✓��1r1�(�•���,j�� . �.. 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' .Iw %'{'. 5 . �, 'H" c ` . ��.. l � .}) y. = i ' �' 't' '.ik• _ I�,�j., r��.w. 4'K-Ct!'it Iey� l� i}'�l°' :L�."�et• 1 � . . i .1. "5 •t. ��'�.i.0 ��� '`� f! �yeWA'� � , e . �1� �� �i.:.ti' t '1 L ! ♦' R�; . � 5 i•' . �Y. . ,f'�;ii'5 A'�. 'l . .� � { •� Y:<' � . . R , . . . 'l f. ...] 'i � . L �-� E, ,yY., �, , r , t'. ' � i '�t '�. Y•� . � L . � i � . , . , i, o}. .��, �', ..�,� yj"�'< F.,��•�.�� !��.. . '•Y' 'S�'s. y» 7^ T 1::�'. ''�,� � . .. �`i r 'c�.�"..� . � 5, . � Y 3 � . �`i' 4 r i� °0 < < �. , . !i^.� =`v.'- 3tf �'.i.' � . . � • � �,� ���,x;��,,�; ��r.' A;,...i �� , � � . . . '"ei�.t'��. ;{�.•..�� :+{.,'.,�.�� �.���{3is..�"':''1'h�.)�1,�','i. . . , . �` � . ':, � y ',�1A�.�.15�� .�.k .r . . . ��'j�',... � 1 �1�d.. ��^.i ' , . . . . � � , • ,1'' , -... !Si.� .�i'+'-",i, f.�'o-:'�.rtyo, ��_ . �i:., , ��., s1 "'����t �;i'.(i}'. - i. . " , . . ' ,. ' � ' . . i. .. '4i �f��.�i.'�b''1: n �.. � . ' ' � . �: , ;. . . �i, . • ' . , ' � ' �! , � , , ' • t r , , . � _ ' . , y . . �.� . e . � - _ ..... .. .._ . ..�, . .. .. . ... .... ?� determiNng the amotuit of Net Revenues far the purposes af paragraph {1) atwve, the Consulting �ngineers may adjust the Net Revenues by addtng thereto the follawing: a. The Net Revenue5 ic�amputed for such utility on the same hasLs a5 net revenues are compvted far #he System) of any gas util[ty whlch the City st�ll have acquired priar to the i�,suance af such Additional Par�ty �bUgations ar which �he City shali be acquiring from proce�ds af such Addltional P�rIty Obligations; and 5 b. In the event a change has been mac�e In the rate schedules for services #rom the System priar ta the issuanca �# t.iie propased Additianal P�rity Obligatians for a part af such 12 month period referred to In (1} above, and such change has resulted ia an inczease iu Net ReQenues, such amQUn� of adcllt[onal Net Revenues vahich the Cn�s[�lting Engineers estimate wot,�d have been recetved by the Cify dur�ng such 12 moAth period if svch change in such rate schscIule had been in effect during the entire 12 manth p�riod; and in the event a change has been made in the rate schedules for services from the System prIar to the issvance of the propc� Additional Parity Obligations for a part of such 12 month gerIod referred to in {i) aba�ve, and such change has resulted fin a decrease in Net Revenue�, by svbtractIng ti�erefrom such amount of the Net Reven�es which the Cansulting Engiu�ers estima�e wauld not have t�een received by the City during such i2 month perIal ref�rred to in (1} abov�, if s�ch change jn such rate schedule had been in effect during the ent;tre I2 month p�riod. 2. Each resolutlon or orc'linance avtt�arizing the issuance af Addi�ional Par�xy Obligatiians will recite that all of the caveaants contained in the Ordinance will be ap�llcable to sach Additional Parity �bligations. 3. 'I'ha City shall not Ue in default i�i performing any pf the covenants and abligat.�ons of the Qrdinance, and all payments reqiii.red to have been made ic�ta the acc�unts and funds, as pro�rided it� 'the Ordinance, shall have been made to the full extent rec�uired. Operat�an and Maiat�.. The Ciiy cavenanYs it will main�t�in the System and all parts fhereof in gnod condition and will aperate the same in an eff�clent and economical manner making such expenditures for equipmenti and for renewals� renairs and replacements as may be proper for the ecflnomical aperation and maintenance thereof. Operating �et The City oovenants to annuaily prepare �nd adopi prior ta the beginning of eac:h of its F� Years, a detailed budget or �udgets of the esttmated expenditures for the operatton and maintenance af the System during s�ch ne�ct succeeding Fiscal Year. An�uat An�it At ieas� ance a year, within six months after the cZose of its Fiscal Year, the Ctty cflvena�ts ta ca�se the books, ret�rds tind accounts re3attng to the System to be prc�pezly �udited by a rec�gnixed independel�t firm af c�rtified pubiic acc�untants. No M+ortgage a Sale a� the S�m. 'T�e City has covenanted not to se}1, lease, mortgage, pledge ar othera►Ise encumber the S�rstem, or any substantial part thereof, or aup revenues to he derlved thereFrom, eacept as descrilaed belaw. � , 22 - . ` ' - � t . � � . • ` . . � , i:' i: r� 't-� rk 1 . , :f. '�. 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'�s ,o;:cY� =r�'. _�.� ��e'-:':,�)� 1,... { 4'}�° . � . � , . .tiA '_j�• �'�:e �� .nX��.yaiF�:�� F.4' r�'fsi�,r,,.4`.�,-,� . . , ;:,'.:•{.: ti. ;,7:�;.;,�^+� •.S:r,, :�^:,:� '.'ws �'�- , . . , , . �k�' �•,,::: - .•�;, ,;.:��_ �.��,t;4..�t�,r.���.y� • ' ' ' i ' - �';t���' ,Yl�,,'3:e'' '"�'-''!.r"si�.�� •Jr,.�;r���� ;.i!n?is. , � , . .i'.; '.l..,; '-;�`�"r',.F:i-. e��>�,��3" _r.:',1.:>:' -�r.>�. i', , . �; �r-X.'{:4�i.,:..f's�;: 'r�, t � -- �' , ,. • . . ' `i;•' °,,r°:; .t4� �`',r' .:,:,.,', �;�-�;'�'> r>�t; . a , � �:"\ti'� yt, , , , � � . k�"•;;i �` t.� :�4 s Fi�,'��,�-:"*: ' � ' ' � ! � ' �� A�.3 �.S_ .� t;� .f.��7.*..� h. . . �k� . ' ^ . .i.• �~' �' _,fs�'is��`: $.. �;_ . �ia �;l'j.. -� . ' . . - � . . J � !�"1 ;�'''e.'a', �,.r")�rti1''�,�. . .. . P� ' . V 1 .! s.:,.'.�_ iY�' 1 � �• :,e:,'"'.,<�,�� ; �`. - �� �i. ,!;". �,� ' • � . � :� � • ' . .�F�� � �� '.4:' "tSiP , yfr` .��,�44.��,'r , , . . . . . '�. • i - . •. ',i-`• i:�,: �i",�; i �;fr;. " . � .. , . �' " ' ��4, �i:,r,, i.o,, . I'?4'�E . . ' , .. . 5 .�' 'r;j �� . . . . .. - y ~ ..it' �' . ' ..' .. �',� .. ,�`- , ,.,� . ' .. ' ' I , . ' .3�:�(wua.i\'.!.'1. ..._.r. ti .... ....._.:1.... ..- � � .. . _...-' "' �.. ._ ._ . ..i . . . I . ' ,1 '. �. i , ', i ,.. ' . . . ._ . , > I` . . � ' i ��..�. . ,. , € , � ;' � 4 �' , i . . < � � . � � I � � ' d� . �'' � � �. . ' . , - ' � ... . . iw o.. y .. a ..r�. ..�a�a.YkiY.�rNRiAw�ii►:.1.Y�Wl1YTr�YMYI�I'Ipi � . �,�j.`. .a � '• �,�, ! ; ,,;_ ,.�;:;;.r, 3 !' • J :'•',4 � � :;�.;-� •: ",���, #. ;, ,;.: .,,;'`._y`"y" ' : �'. � h'> {f S� . C . ! �;. i ' ',� �'� : ''r�y,l'}'���"': t' �f.`.s'r��%.',r''� f.••..ea1.•ck•.1i�s�' , :�, � NotwithstaaciIng the t'oregnfng. the City lias reserved the right to sell, lease or �-.�,:4 ;;.:',� �;'.'.�'�� ,�;:,.x; �:,t ,. "��� � otherw3se dfspose of an of the prope com rIsin a of the S tem whfch the City `:, . .•<',`., ,{5;; ,� .'', � , � Y �Y P B P� YS c;=v�^?�:,;:-:;.�,.,:., �<�,,„;y; : � �- ' hereafter determines, in the manner provtded in the Ordinance, to be no ionger '°� `' �'� '``' '; '�;�. . � .- ; ,, :.,,_� s: ��.; •. .3 �; ��`'�'�: ��.� - necessary, useful or prafitable in the aperation o# the System. Prior to any such sale, �� "'''f� �'����`. ;?��i` ` , . �' �. s:'. � . . -z <r;� 1••�`. 3.;.: F�� ..y:.�� ;�r�_'..; lease or other sitton of said ro r if the amount ta be received therefor is nat in ��'`���'=•fs: t::"`• � �'�� P Pe �r "s � �, �: ;s�;�.r�y�,'ys��r�'��'r.• ' ��.'�'.::t�;.'�. • n, x•�r�4,�,..,: �� � . - excess of $5U,000, the City Adanager of the L�.sver or ather duly suthorized ofPicer in �. 1-.:�;:7���F,.3•T'�^; .�;, , .. . i . . -� �".�`:�::...� .-..i'.�i:; ,}�. ���' ° _ charge thereo� is requ�r�d to make a findIag in writing determi�ng that such praperty ���::;, ��:_ �.x. �;, �;V���;t z� . . � .' .; ��. '. � : comprising a part of the System is no longer necessary, useiul or profitable in �he �E`,Y ;���t;� r�j �,�;�� „���`�'� j• - '1::: 7 , r::;.-� � '� :3 �. � � . . aperatIon thereof. , _ � wr � �:?,�x�° �'r"* , , . . . `.sM�`.'����r �'���es� �y`F(:i� .',.f}' ���' . ..�' � If the amount to be received from such sale, Zease r f�,'.*:=�'"��'t'�F:��:�;:x�<�a.� , . o other disposition of said �..` '.. �� property is in excess of $50,Q00 bnt nat in excess o# $100,00�1 stich City Manager or other ..:,.<: :;.�'.��:... ��.� .•:..,;- ��,,.:,�� �,�..., .� officer Is req�ired to f�rst ma�ce a tinding in writing determiQing that such propertY ��r�'� ���`�q� ; comprising a part o� the System is no Ionger necessary, �seful or profitable in the . .;, �, � � ��r �'� , aperatlon thereof, and the goveming body of the Issuer mtist, by resoiution or ordinance '`.: �;��.'.�:::� �'�.''��,:':.;':�,'::.:�-,�.:�. .� duly adopted, approve ac�d cancur in the finding of such City Manager ar other officer, :'. ' :.��'' ;�� :;; �:;: �'° - and sutharize such sale, Iease or ather disposition af said praperty. �_� f� � �I`'�' e � r�. 't" . . � '' �� _�.5i �'� } If the amount to be received from such saie, lease or other dispasition of said "���`'.�-`�!��'�� ��� prpperty ;ls in e�cess af $100,000 but no� ic� excess of ID� of the value of fixed �ssets of ^ ,5 � � . �` ' the System according to the most recent annual sud[t r�pnrt� s�ch CIty Mtxnager or other .. . -: f, . � M na ��' ' �"~� � � i officer must #irst make a£irzding in writing determining that such propecty cauiprisiag a -''�.°'�J '' �'�''� '�`: ��+;�� '.. �"� part of the System is no longer necessary, �sefui or profltable in ths operation thersoF, � .. _ � r� ��`;��:�' � and iY:e Consulting �ngineer must mr:ke a f inding that it is in the best interest oi the .- ,>,. ; ,� � . � � .„ �;_"_ •� �.�� .�F' � , � Sysiem that such property be dlsposed of, and the g�onerning body of ttie Ci�v must by �J'�'� �� � � •,:�;'�' �"� = ; �. � � ' , } resolution or ordInance, duly adopted, approve and concur in the #indings af such City ,,.. °'_;. �,. ���� =` :.��� ' .' ,. �' � Manager or othar o�ficer and af the Consulting Eagineer, and antharIze such sale, lease ;r`:'L,'� �" ��� ��� '�. , : -, , or other disposition af sait3 property. E'� � ~ " "� ±���,, �,,�•��;,�h" t� ;�y;'= ''��k,:��� ��x:,�. "J�.:,'t;: ; �� pnything in this section to the contrary not�wlthstanding, nothing restricts the ;' �;�K�,,`� '�:��°.��M;�.:;•:,�.:e . ' s governing body oi the City or, to the extent such authority has been vested in him b `��'� �"1��� ;'�`�. .��:>:",� `"' .' svch governing body, the City Mana er iu the exercIs� of his r y ::'��` ;,�: ;�� ., g disc etlan, froin autharizing •.; i������'� ;��,':� 'q""'' '�; 'i�. � the sale or other Ition of an of the ra com r in °� Y�,; ;�,,: �.' ` '�.�; �j� . � Y P P��Y P is g a part of the System, if :e3 .:; i���:;�: '� �;;z "-;`,�!� ,; �°,)4:; _ r. �� Consul�iug Engineer cert�fies that the N�t Revenues af the System will not be '^-��4��;�;�;i�;�l;�,`:�:f:,-_:�;`� " ±;`��' .' �� materially adverseIy affected by reason of such sale ar disposItion. .»S. S � .� 1�I f• .� l,, ti!t > .. •i�,:.J . -,�I � i��, i•' ;;r� ;?' �_ : ��3j��, . •.}�•„"S` �f� ..i`, .� • �S' F �rt�li ..d`sZ�}„' , '.y�j ..�:�ti;. •'�,+ � �;r� � t -.'' .' •3; �� r7'-."�� „r,�°T-: :,. ��° Such proceeds m��5t be plaCecl in the Re.newal and Replacem�nt F�nd or used for the � , � , ''-� ` -,.,.'�.?<.' Y retirement of ���u�1�����`:���'���� t,' ;f �• :�:`t`f c�;:�°; ',: � outstanding 1991 Boads. in such proporttans to be determined by the ' �7�` #Tr ur .,i� _"� 3a�i "C.; :'' � 7:Y. �_; ':. t'� n �tz�.�; s� �-, �4, �r:; ��;:; 4:� ��`-: ,;� <<:',•: ;;�` governing body of the City �pnn the recommeadatians of the Cit y Mana ger. The ��''`°�jrr�'�t �r���}ti `:�;`;; ��"'f-��',;'.: ;�=: payment of svch proceeds in�o the Renewal and RepIacement Fand do not reduce the �: �' � �� 5: *' . •' �., ; .+... , �.+•;: ,` ;��y! ,��;�xx �,'��i•;� �� ���;£t�; ;w; ��'� �,� amounts required to be paid Into such Fund by other provis�ons of the Ordinance. i�:�:F:.E°?4.. .,u�[r.'JF._ C_ ��,.d. i ..... . �r��i:r , _ . _ � :;,,� Anything in this section to the coatrary notvvithstanding, no�ng prahibits the C[ty from transferrlag ownership of the System ta another governmentai entitq in accordance �-' with the Ord�nance without oamplying with the provfsions described in this sectian. See s�. . ��;5 "Govemmental Rearganization" hereln. � No Frc�e Servicx. The Clty ttas covenanted not to render ar cause to be render�d any free services o# any nature by its System, nor tvlll atyy preferential rates be established #ar vsers of the same class. Whenev�r the Cil.y, includtng its departments, -23- ji��FT'C�k �.i.,r;iw,��:!�ki�, �- ' — - - - - - - - — —�-� — — ` 4 � �1�'`t�'tl�� o;"i �� ,� � , # a ,��, ��? �'�,,��'4��;'� t; f; '�,�r;zf �. �`r��'•i:�:<1', ;,, �s> �yi` �,��w .i `: � } 4 `��'.,�' � ',.�,5: r^ �'j:�; i;',?';'r � P;,;i ,l..• .i,� �ir �,"`°`i � �;'. x„y: h�`1��S;I'-. t� �'�[�I � �';���3.;;5`���.��?,.:3�= '`�� ' ;;;"'�;'�;���;� . . . [ ,;3 y�N ri .''E}v} i �'��.�� rf'�; -� ..1�'� t � =�;��.', `Y.r �•� S�� . .�,.� '�,;Ya�: ��: 'Y'�5�,��t ��tr,'?'i::i ' "'•hj°'� S�' `.{,� ''���'.a.Y r'tif:: . ': <';,;r��r.�`: ' • `� • � ;�.�; :;3 ',, :t:' '�_-`;�,�:,';, :_°�, ; t- s-;.f`V�,�'.�, _ ,�"•�j,i'��r i,.•'��xti : ; r'.� �e��.: '�.'. �, r', . .r', ; ,, :.;i;� �;'�r� ��,��.� ♦���;�+�' �`;jiii[�:��iY.y :, ' ' :-:1'-� �,hE'r ° � -sr,� 't f - � M'�LL��v' � �1�,�f� ��;� �1;�r ,; i�t� ,.,.�� ..x , �. 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'7 �h,' w' V�, 6 1 ���i w�� 5��� o � � �'� 1 . . .. - �' '-i,. y •p';�; •s 4 � .3 "1��- .1 � ', 1�^.i 9� wc_ � �'. . ��'tl � ti �7 ' �',' . , t ,r • , �1�+.` '�.r�;. . �r��;}.(� '�ti�a � i �y�,.�� � .. -.�., `.":.:,:��w.._..:,k"�; �3 r,..•� ���.- : t � ~tl�� "� . '. ^��.i� . . . . = 7` �• . � t ` •�� ,{ • °T < S. � . > �� � ?� . . � . j iS , � � �I� ..i'- 1' . � �'S�. y , .� ,... .r �.. , � S r ' w . t. . .� '?« �+ , t..•, `j•.,.. . i � �.. . �7. • r�• r' ",r ti . S , cl"ti. ?M..:O o' ri _ . �..... . - � � �u'.,. . •.r'.: ; • • �� � �. . . . � , . . ,1'� �1�,Y.1 -",.T .lr' '3i1'�<f�t .Y�, i t �r.~:�iLy.:'J.4i2.FL�S:.�9'3sy�Y ��';} �l�. , , , '��1.� ,�'�. �r. ��t• .1�`�:..,,n .a" �i-�' �y. . . . . . . . "u . .�. ;}'C• C $.. t ��. ..�"�.7� .r � �, �. . , ,, 4 i• ) �i'' �{ , ' � , �.: .` �� t. :'.. i`y'� ,w ° s <i,.• �1 C , •'•,�` ;;�i;;�J' ?�;,�L .�.;. t'�{•�.a:,I • . , � . • . . �� '� �: " v , ,. � . . �.t'.;z:. �,' }..�; � , . :i'.� <<�� �,��� , : _��, t•.. `.ti�:�,L - . . . . " , � h• � ' . x' -.�.<�. .,� r>+,� . . . , £p�,; � . r•' ' 1 . L.F��, .-1� - . .. . �� , , '; �. ..}.'�5r',�'�`:'. _ f.�..� •�i�':�,y. • • r � � 1' ' ; .!' {x i.•� � . , . . .. . . . ' ' ..:1� � �'� ;';` ���:��t���lw , . . ' . ''.;i r' „1a;.., l�s tii . •�F •: , , , . 4', ' , t.,:; i;i4 5�?�.y._��`,� . , � . 14 , '1��� ,. � ; s� �� y�i'� � � ' . ' � .. :1 � , i�•� ,�i.�•; . , , .. ' . ' � ' • .S ,�i '+ .. . 4 � ��� �... , -`�� � . . . � •� I . , a � � � � �, .� ., _ �_.�.........�..�.r�..�.�.. f ..i. � � .. w �S .. � . • N • :Yn'1{�� I � ! ,�� ,' ��� 1v '"i., �:t�`3,' i...'�•"..s:i.'i�-r,r... � . . �, y'�� �i'1.. i YS'r, � i.'h� . `�; ;.�i.�'�-�;�%`.�a� �'%YP 5�';, •{�:`a: � -, �;y'3'. � � s., : ;' ° �: ��'��,, s.i r�,,., agencles and instrumentalltles� shall ava€1 itself of the product, facill�ies or services .��'��:''�'"#�.'='-��.��'�}'�rif� '�i �i�`. ;,, .. : E ." : '�S:'�`. t �..�,1.: �:. providec3 by the System, or any part thereaf, the same rates. f ees or charges appllcable .�;�� �• :.. .. �:�;,. ,}-;; ��F,��'}: to o�her ettstomers receiving like services under similar circumstances shall be charged `-':` .. :':'i; `::"�:"�'�''.r�`�,:;'~�, to the City and any such department, agenty or instrumentality. Such charges shali be r� ��;sr �''.;'r;`�';;;�;?:�., f,?.��i;'.. .;�, �� ,,.t: ?':� . ,_ ��,. �:.��ta. :•i?�-'' - � a'3�F�'ja. ' paid as they accrue, and the City is required to transfer frflm its general fwnds to the •�'=� ;;���°;i;.�:::.-�x-���� � Revenue Fwnd suffIcient sums to pay s�ch charges. The revenues so recefved �vlll i�e p���`�;=,"s��;?:�;�:;"=.`'e"`#�'`tr'��'�;���� , deemed to be Revenue5 derIved from the operatlan af �he System and be de �:�,�,',,4�;�;S�s`:��'°��;:��`;���.'t �'. � Poslted and . ;., : �.- �: ,t , ; �.� �°"�' � � , ,, , � � ,�..,. accounted for in t�e same manner as other Revenues derived from sach operatiou of t.he ���=�Y3;;�=sy;;�4��;l.j:•,�e�#��' System. '> �s` ' :.1'�:4::2'r:e':«lr� ��f i..r?�'��'s.�.i'aF. � F.uforccm�t a� Collectio�. The City has covenanted to enforce and collect ttie rates, fees and other charges far the services a.nd facllitles of the System herein pled,ged; to take a�I steps, actIons and proceedings for the enforcement and calIection o# such rates, r.harges and fees as shall l�ecame deiinqueat ta the full extent p�rmitted or authorized by law; and ta maintai�a accurate recards with respect thereaf. All such fees, rates, charges and revenues pledged pursuant to the Ordinance wi.11, as collected, be helt� fn trust to be applied as provide� i[a the Ordinance. 'Ti�e City will� under reasonable rules and �regulatioqs, to the full extent permitted by law, shut aff the connectlon of any users of the 5ystem for non-payment a� fees, rentals and other charges ior the serviees of the System and will not fttrni.� him� or permit him to receive from the System farther service until all ak�l�gations owcd 6y him to the City an account of services hane been paid in full. No Compeliag Sgstem. To the full extent permittecl by law, the City has covenanted not to hereaf ter grant, ar cause, consent ta, or allow the granting af, any #rancttise or permit to any person. for the furnishing of competing gas services tn or within the boundaries of the servIce area of t�e City; pmvided, hawever� thst if the Gas Syste�n Manager renders an apinion that it would not be feasible for the City to provide such services to any specific area wit.hin the three years succeeding a request to provlde such service, the City may suthorize or allow the granting of such franchise or germit for svch area upon such terms and conditions as it may approne. U�nl Connection ]Pr�o�ited. The City has enacted an ordinance making it un2awful far any pers4n or persoas to tamper with, cf�ange or malte any connectinn with the System wlthout the written consent of the CiLy, or to make �sny reconnection with the System when service has been disoontinuec� ior delinqusnt charges, until svch de�inquent charges have been paid in full, including interest, reasonable penaities and reconnectiaa charges. The City will dil[gently, to the full extent permiCted by law, enforce th3s oovenant a�d prosecute any person violating the provL�ions of r,his covena.at or tu�y penal ardtnance relating to the s�me. Amend.ment o� t�e Ot�dinance. in the Ordinance, the City itas reserved the righti to amend ar svpplement the Ordinance for certain purposes without the cansent oi Bondholders if the am�ndment or supplement does nat adversely aifect the rights af HoncEaolders. Otherw�, ua material modlficarion or ameadment ai the Ordin�nce may be made without the conserat In wrIttng o# the Bondholders of f3fty-one peraent or more oi ti�e princtpai amount of the t991 Bonds of each Series so afiected and then outstanding; pravided, however, that no modification or ameadment may permit a�hange in the maturity of such 199! Bonds or a red�tctlon in the raEe o! Interest thereo� or [a the � f -24- � t � �>a,°�: :i.':' ._ � �L�''..• i-,;.i'Y'F�;'nr-'r?�3+y 'i : �-Y�. �� A`p'rty� E� Fi. ��' �� # �.L�.,.Y�.� �S��LSraa�.�f1 � ��w:i�'' �il��{ttJr�`? N� � Y `� _� s�.��«<, !,� �yµ.�, (` :,�. � : ,�,'+�;f 4�' ;� �: � - � �;�t�,:�:`'- € :r "�� ,=�°C. ± � � ��%f . �,'� .: �;,.,. . . ; �`t�, :.�.����'{. ����; �3^Ai, ", : Z��'Y'�ft;w$5;4.�ti''';�`c {.. . 11{� •Id'.R11{}?�. �i� �� �.SS - � •����+,:•` •t.;�.: ;,�� �• ��: �s. �t-.�'.F.,,� �•t�'ir}l'r j,�,:,: _�;{� �.���-.��•� � -� - ' �,.;,'-;a: �• '•r. 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',.I:u` '�Sr,�S�t� '�,t�i^x•k�•:tj'(��t",1:��._.?c 4'�5�:`�'_ +. �'�1,� .i�.`.�"'`��: it.inf.: � ��' 1{�L;:,•?•�:1�� '�A' � T'�syisi'�v:p 7%.:'..SA3� �^��.:�.;� ��4�1�'.'r.:'r.,� i � r- : � 'i:: �'r¢r'[�'r`� �.��:�' t=.�' '!'?' ; 4 l : _�r.... �. ,�'i�. ,tis�:l r�'f.k 3 xf `j! f. F. 1. `�'� ,'� �. 1 �r � r'�`_l.,�, =.t<�.. ,�:� �. �����°il�L°:�'��;�� ��'r, , �y,'r. "r,�:��i:�`�l': +'1�>:�Il�de• .�1. �'3� 'i,,'j�'`I `.' 4��.���, j�• f r .���'f ''�•���..��'.�:���: '•R�f�. i��l�\�e:.k .`;'��:�nl��•'i� �s;nn14?{,���pu�`��} �ty.��%'!i f` �� +ijat�i.�;�; tc "�� �:;.;��T��'Fq���,^��-,�����: ����.C���.��n` ��,s ; ��:�•�; ::;�?;�� }�+ r Y:.'� j� J�� K)�i�.y1.R� 'y ��r�i i � N;', �u?`�� _. #_f-� ,Y�'i• 5�`i:_Syti,L.;x.���.4.Ee,4 ta any material modificatian �r amendment of the Ordinance wlthon� the conseat af the Bondholdexs a� all such obiigatlons. For purpt�ses of this paragraph, to tt�e extent that any 199I Bonds are secured t�y a Credit gac�lity and such 1991 Bonds are then rat,ed In one of the two hlghest ra�ng categarIes {wiYhout regard to gradation) by either Stanc3ard & Poor'� Corporatian ar Moody� InQestors Service, Iac., ar successors aud assi�g�s, then the consent of the Credit FacIllty issver will be deemc�d to constitute the consant ui the Bondhplders and In such case no cansent of the Bandhoidsrs is requireci. GOVERNMENTAL RE{)ItGANIZATiON 1n the future the CIty m�y determine it fs in the best interest of the City or the Sysfem ta reorganize the govemmental structure of �tie City, including merging or consoiic3ating the City w�th another pubiic body or transferring the 5ystem to another publlc boc3y. Nothing ici ihe Ordinance prahibits such act�an, provided that any reo ti n h rganiza o wf�ic affects the Systera or any transfer of the Systea u���st provide thftt the Sys�em shall be cant3nued as a single enterprise and that any public body wi3ich succeeds to the awnershig and operation of the Syst�m is required to also assume all rights, pawer, ob�igations� duties and liabilities of the Clty �nder the Ordinance and pertaining ta all Hands. UNDERWRITING The 1991 Bonds are being purchased by the Unt3etwrlter, Smith Barney, Harris Upham � Co. Incorporated. The Underwriter has agreed to purchase the 1991 Bonds at a.a aggregate purchase price of $ plus accrued interest from the dated date to the date of deuvety. The initial public affering prices set forth an the cover of this Official Statement may be chaaged �y the UnderwrIter, �d the ilnderwriter may offer and seu the Bonds to certain deai�rs and others at prices lawer than the pubiic offerIng prices. CERTAII1i LEGA�. MATTE1tS Certaln legal matters In cannectton with the issuance of the 1991 Honds are subject to tlie approval af Bryant, Miller and 011ve, P.A., Tallahassee, Florlda, Bpnd Counsel whose approving opinion will be avallable at the time o� dellnery af the I991 Bonds. CertaIn Iegal matters will he passed upo� for the Uaderwriter by its caunsel, Lawson, McWiiirter, Grandoff & Reeves, P.A., Tampa, FZorlda. Certain lagal matters will be �assed upon for the City by M.A. GaIbraith, Jr., Esquire, Citq Aitorney. TAX EXEIVIPIZON �, The Iutemal Revenu� Code of 1986� as amendeci {the "Code") establishes certain ; requlre�aeats whic3� must be met suhsequent to the issuance and delivery of the 1991 Bpnds in order that tnterest on the 199I Bands be and rem�in excluded from gross dnoome for purposes of Fed�ral incame taaat�ou. Non-compliance may cause interest on the ; 199I Bonds to be inciuded In Federal gross incame retraactive to the date af LSSUance af � the 1991 Honds, regard.tess a# the date on which such non-c�mpliance occurs ar �S -25- m t, �. ' i !n , i , , -��, na,ax " ,�f;�.;; 'I . i � ' � �.'�. : .'�F'� �'�Y . : tii,�;�" ` A .;;,�.'r,;�,;: _ � . � �,-,� -. .,?�ef'.� �:sa-:,�Y3-�'fF;.. �1,:, r.`P,? ; ' �A y' „11� '�1�' i.���k'~.2�4�. �; ' ✓+ �.�? ��r�'•�'`�����f, . � � `<S'� •,�'' "�''r��:i I . eS' 7� . . ,�r it Ri.r �.�.-�; �' .,Y �'�',H.��;..:,;�<.t'. . :: . �. ; ��� :t�,�_�a. 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" , ry�'l.,i��.'� �.I. 1' .' • ' i 'i ` ,� a'� �• i �� !..' �`�•''~ltsJ; � r Il�l• ��si •rl��:����',af.� �' �.li �.r`. � .�.J{. .�Y..��•��.�.n�'J!��t�� Y-l�n .. .(�t�Y'����%�;'���,�•Y �••�� �.fSi l���y'!;. i.��� � � � 4`�1� '1•����1�" Y�\����.4,'.' , •,�. ascert�ined. These requiremeuts i�c2ude, httt $re not llmited to, provtsions which .,: .. _�t � 5;,:,:;� i 1 r ll hl � r e th 1�Ji n and ttte ��'!, s- '.,-4;��s..., prescr be y�e d and othe mits wtthin w ch th p oc erls at e 9 Bo ds „e,; �.,.s�;; i° -. ,:`�f� � i,� � � .s ':l•j • .:, • _.Fi.`i j� °$," l'"'` ntiser amau�ts are ta be in ested and q that ertain e gs o th •� �. .�.'...:�;'°3,'•.'`>�' f.� , v re uire c lna stment earnin n e °s�`,;.�.-. �°,.r� ��1. ��,::��:tw.�: foregoing mustbe eba�eda ape iadic bass a ths reasury epa � U 'i;"r-�:k;�"�<��: �;;`::;��,-.�:�':,�. r n r d t T D rtment o the nite� :r•��;:;,�:'�` ';';;=,:; .�+r'i:."� �'' _ States, The City has covenanted in the Ordinanc� to comply with suah r�quirements in .,'�r ,�;�',e,l:f; ?:�'� ;�� ��� , rd r o maL�tafn th e 1 ons oss co t .� �•'° �` s,� r��r a e t e ac usi from Federal gr in me of the inter�s on the 1991 °�;••�;?�i�`�;:�; f:�;� ��'•:���"' �, � , ; w? � � r�; ;`'�' ,�,+^ +� , �'.�'4'' { Bonds a,, �:`.. ° k��' r��i;�.�r-�:- In the opinion of lwnd counsel, a.sst�ming compliance with trie afarementioned covenants, under existing laws� regulatlons� ,�udicial d�cisions and ru�ings, Interest on Yhe � 199I Bonds is excluded #rom gross irioome for p�rposes of Federal ineome taxt�Lion. �teres� o� t�e 1991 Bonds is nat an item a� tax prefer�nc� for purposes of the Federal alternative minimt�m tax Impased on IndividuaLs ar carporatians; however, int�rest on the 1991 Bonds may be subjec� to the aliernative minimum tax wh�n, any �931 Bond is heZc� by a corpclra�ior�. The alternative minlmnm taxable income of a corporatian must be increased by 75� of the excess af such t,rorporation's ad,�usted current earnings avEr its alternative minimum taxable intx�me {before this adJtistment and ihe altemative taar �et operatiug loss dedpcttany. "Adjttstecl Cttrrent Earnings" will Includ� int$resY oa thE 1991 Bands. The 1991 Bands are exempt from gll prESent intangibl� personal property taxes imposed pursuant to Chapter 199, Florida St�tut�s. Except as described above, Bond Counsei will express no opinlpn reg�u-ding the Federal incame tax consequences resulti�g from the owt�ershig of, receipt or acCrual of interest on� or disposition of I99I Bonsis. Prospective purchasers of i�91 Bonds should be aware that the ownership af 199� Honds may resul� in callateral Federal incame tax consequances, including (i) the denial of a dedaction for interest on indebtedness incurred or oantinued to gurchase or carry 1991 Bonds, {ii? the reduciton of th� Iass reserve deductlon for property and cas�a2ty Lnsurance comp�anies by 1�� of csrtain items, incluci.lt�g 3nterest on the 1991 Bonds, (ill) �or taxahle yeazs beginning before 1956, the inciuslon of interest ozt 1991 Bands in "modified alternative minim,um taa�able �ncame" for purposes of �he environmentat tax impased o� corparat�ans, {ivy the iuclusion of i�terest on the 1991 Bo�ds 3n earnings of certain foreign corporaL�ons daing b�siness in the United States for purposes of a branch proflts tax, (v) the inclusion of interest on I991 Bonc3s in passive income subject to Federal income taxation of certala Subci►apter S corporatio�s with Subck�apter C earnings and proffts at the elose af the taxable year, and 4vi) the inclusion of intecest on the 199i Bonds iu "modified ad�usted grass income" by reclpients of certain Social Security and Rai3rosd Reiiremen� benefits for purposes of determ�ning whetl�er such benefits are iucluded in gross Inoome for Federt� income taa p�rp�ses. PURCHASE. OWNERS�IP, SALE OR DLSPOSITION OF THE 1991 BC�NDS AND THE R�CEIPT OR ACCRUAL OF THE INTER�' THEREON 14fAY HAVE ADV�RSE FEDERAi TAX CONSEQUENCES FOii CERTAIN IIVDNIDUAL AND CORPORATE BONDHOLDERS. PROSPEC'TNE 1991 BONDH4LDERS SHOUI.D CONSUi.T V�I'TH THEIR TAX SPECIA�.1S1'S FOR INFORMATTON IN THAT REGARD. During recent years legislative praposaL� have been intrqduced in Congress, and ia some cases enacted, #hat altered certain Federal tax consequEnces resultiag from the ownership of obiigatlons that ar� similar to the d99I Bonds. In so�e cases these pro�osals have contalned pravisions that alterEd these cansequences on a retroactive basl.s. 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"; ,`. ,:' • :�, `�.i. i;'.-. . }' � >;�. �� i.`. .t,, 't' ;t4; •'`'-:; • ' . � •.: � .,1 .'1,4' f• `s' • • . ���r1; �[ .ti�: '��� ��r,.`' . , :�,a.'. '�1��n� � ,•5• V v � , �4: .., � ;.: :�; ,i: ,�',,-'.:;, 4L� 3���°i;: ';�. .�}z;, e I i i ! !.,,� : i,'� , :7� : F: i S. '��'! . � .i°� 4•.`�J'``�`'h�}��.t�'�!.-' .t� __ ; , -.: . �, ;.. ,�,:..: '.tY : "�',`:l�5� � ` 11�ij.5:, P. ��: :Z'. !,�`, �,i�ii � : �z:�� f �. .`s°�,:(' . . `: 4�:,i � t�: j'R' ,.'s�': � F�'?�°` ��Y,'-'T�f,���'i.,°Lr,� r.r.:,.. ��`. :,:sY'-"� ;3;�;�,;:;�.z_:.�.,,s ;>-:};` � � �:. .r.."1 , i �� .wl'..j4r'�i-. �'sia',' ; • �,�; s ti5:`,c.':..�:�,�`"�>'iU�'�::��=•,3• °i ,�;,,;:: •: ~.f�t�;�'l�• ��2�\�;:,-, tir'�.°`i�,'��`:!rF; ';;;� �'�''4�;r?`:;�:°s�;'.�:��~= _;-� � y ;`.�" ',��r.' •a•. �.t''"' c',� �. �:��. ,.,. .�t': ' ���" Y ;• :,s, ''• �t��';=� -��: •., �fF�'�,r .k� :k.,;'t::. ,;•:;: •,,;, ,st «. ;�.. �,•..�,� ��.�r = � �. tii;�'V*f.1':.l:.;,S'F'�� .�.g�. i :�. ' �.. ' 1 i 3 . f::: _.:� �.'. ' j;,"'-�! y. �r��y:�{i:j.':'� �'f;e}''�I.Sh�y ,.T •..3,_. �' -'�:'. ( rytI'!'4��'►;a"� ��;Cr `s. �"s�::;;, :- ' j, ; f:• = "�9�r, �l`��"��Y=/�j�,kx��'y�.�ff.E'w'y: �,, �t':.:; `: � �f� 't'� /e} y�. ifl. A':�1':.. �I���.�y"t'�5: ���.[:.�.�1:"llif.i�',i.�/1 }� {4; �!�'j�.�.f1�,;. i .[5'._..ff !Fe`5��. � . . R ... ... � .�...�_,�. .. ,. � . . ... ... .. . ... ... ... .. .... _.. .. ... . . ..,. .,�... ,...«..�..e..:e af obliga�ion.s sIznilar ta t�e 1991 Bonds. F�rom time to time, iegislativo proposals are pendlug whlch could have an effect on bath the Federal tax consequences res�lting fram ownership of 1991 Bonds and thetr market vxItie. No assurance can b� given that legIslative proposa,is will not be Introduced ar enac�ed thn� wou3d or migi�t apply to, or have an adverse Effect upon, the 1991 Honds. LiTIGATIQN There is no litigation pending vr threatened that seeks to restrain or enjota the issuance or dellvery of �e 199I Bonds or tize proceedtngs or the authority under which they are to be iss�ed. Neither the creatian, arganization or �xfsteace of the City is cantested. There is no iitigatlon pending which in any manner questions the right of the Ciiy to pledge the Net Revenues of the Ga5 System to the payment of the 1991 Bonds and the interest thereon. The Ci1.y experlences rautine litiga�on and claims incidental to the conduct of its affairs. In the opinion of the City Attorney, there are no acfiions presently pending or threa�ened, the adnerse autcdm� af which would impaIr the City� abillty to perform its obligations to the holders of the 1991 Bonds. RATII�iGS Stanciard & Poar�s Cprporation and Moaiy� Investors SeroiCe, Inc. have sssigned their municlgal bond ratings of " " and " ;' respectively, to the 1991 Bonds wittt the understandfng that upon delivery of the 1991 Bonds, a palicy instiring the �ay�nent when due of the principaI of and interest on tt�e 1991 Bonds will be issued by AMBAC I�ndemnity Gorporation. The ratings reflect only the views of the respective rating agencies and are based on current iniormatian furnished by ti�e City or obta�ned from other sources cq[�,,idered re3iabl� by each rating agency. Any explanatlan af the significance of the ratings may be abtained fram the respectIve rating agency. A securities rating 4s not a recommendat�on to buy, sell or hold sec�rIties. There cau be no ass�rance that a rating wlll remain in effect far any given period of time or that it will not be renised downward or withdrawn enttreIy by a rating agency, if in its judgment, circumstances so warrant. Any such downward revisions or withdr�wai of a rat.iag maq ha�re an adverse effect on the mark�t pric� of the I992 Boncis. MISCELLANEOUS The ia.formation in the foregoing pages is presented for the iniormation of praspective purciiasers af tt�e i991 Bonds described heretn. The infarmation has been complle� fram offIcIai and other sources and, whtie not gvaranteed by th� City� is beiieved to be correc� So �ar as any statements �ade in thLs Offictal Statement a�d the Appen�ces hereto involve mat�ers of opiaion or estimates, c�rhe�her or not so expressly stgted, they sre set forth as s�ch and not as representatiflns af fact, and no representation is made tYent any of the estimates wiil be resiized. � ..27_ ' '`.n'� "�"f�'' ' — - ----�— � f .�: �_ . .. �, , .i 'i 7,�+ , . � . �'� +'� �i4j��'� ' ' •;!, ' nt '`' .;'� . • `'� ,,rkrv. ,, ,`' •���1'�� ♦ . . .r�t�J� .��«i�iF'•,��F�'�2r. • 'S'"�•1}p_, . 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'. �•�iy:V:� i�l� :�.�.'.� �� f-� f 4�. f",•.::���.'i��s(.`'r�.v�' � :} . s � '1' ,�; �' �^!':3:;�"1 y �'ti�. .^..��' . 4`�yy �':' ti �.r�`,='°�f.;:','��:;;?�':','`, Ax1THORIZATiONOP AND CSRTIl�ICA'T�ON � '►� s•. .:" . ,'`,-�; :3 CdNCERNI[V� � OFFICiAL �TATffi1�HI+T1' °� � , :i �... _.�z:t�'" ,�, r?�t.j,. � .a . . �s... .i.. u �'"��� �'�`<`'�'�-��`���`�.. � T�e �i�fcfal State;ment has been anthorized by the City o! Clearwater Flarida. "' ��1�' �� F�i �''�' �`r �`' Cancurrentl with the dellve af the 1991 Honds, the unde � +�•'_-'�' ' Y x'Y rsigued will fucnish t�etr :,�:�:. ',s:,;�: }`'- ;i.;: s������_ � t1� Ofificial5tatement dici r;• �.>;,;' �,. .:, ,.,, certificate ta the effect that� to the best oi their l�owledg�, �, JP..'';1 'r S a : �:. � . . . rr�,r��:�;,,:t��;;c:=�t-� ttat as of its date, and aoes not as of the date of the delivery of the 199I Hands, contiain ,�.4� k f. any untive statement of a materi� fact ar omiti to state a material fact which should be . y: ;?: � ?: t,`,;'i:i;: ? { w ;4'. �����;,�;f;:,=,:z ... includ�d thereIn ior ihe p�rpes�s far which this Official 5tatement is to be u.�ed, or ���;���.,��:=-;: `' ;;� whtch is necessary in order to make the statemeats th�rein, in the lig�� of the :��;a,£����''�s�;s� � clrcumstances in which they were znade, nat misleadi.ug. ....,..�.........�' . ; �� - .. � � � CITY OF CLEA]t9VATER, FLORIDA Mayor City Manager � � � ' -26- ' . , . .. ... .�. ...... .>. , s.-� . .. . .. . . ,. ., .. , ; � � �.. , ,_:� � � ■ .., .� k� } M1'Y. 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',.`�tt�'�E'�'����'�e � `�'� .�,'a,,�.. � � &�iu�vr.RrMJ.IIMaia...CYSi..��R.�ns �.�.. . .I ��4i:.�, Y�% El.S Fi�l � '�i,'s���l, Iy 1'4 _' �' . , sal�''"'t' +wb+`.liki.f�lyy.a.,yl�ssyi6t• �g'/� :� '7'i'� ar"^��ti �,:ti'1..��':'`,,+�t� � ' 1��'. ,� }�'i".: {,�: .�,f�.'�j;�.• , j ,..?i,:.5.1.f �.v,r�Frti,;:�y�l.� i ' � ' ,4l�xn" -c: i.;�•�!•�:�1�'' . 1 }.' :iS�si'la � ",�, `;q`: :'� ' . �`;.4i.r.'s�:���1�;it?.�,t ;�l;�•� • . Ss {i•�til-. ±''�,:>> �.f,�°Yir ��:�,�;;:,-�4��,s; ::,;,;,:;.�=� APPffiVDIX A ' i'?Lr 1e:,f� ,ii��.4R::�:j f•. . ;�`J �:���°1if4��i :,;��;.; ,_�: EXCERPTS FROM THE CITY5 CO �"�'Y��' �'ti'�����r;';i�',' FINANCIAL REPORTS AND RfiLATEU EXEp�NqTpR�Y NOTE � � �� .t �? t�:� �t3���.:, ae ;�=.i:s�>�vti� �;�' 3�. 5:�' :''�� . The ffnanciai statements whir.h follow were excerpted tr4m �e g�c� s�atiements r.un�ed in the Ctty'� camprchensive anaual financial repot�s for the #iscal years ending September 3U� 1989 and September 30, 1590. The explanatory note which fallows was prep$red by the City g��e Department i�ased on th� p�rt�ent 3�formation contatn�d in th� notes to the financiat statements aAPearing In the camprehensive annual financial rcports specified above. 0 . . . . � A—I .,, ...r..� ...._� �i -... ,..�-. , � , , � , . .. J .;���;;'. :•;i'. �i�+L'�: . ,�_ • , J' 0 0 : , �• S' . ' � s, � }^� � Ya' � i�'r. # ��k { F. � � 9 i � '•�� .{ ,-f�:i.�..: .M/r�.r.�,..; , . , •.� r . . . � u .. . . . • . . � ' � . �.. . . � .. . • . .� . . . . � , . °: �" . ,� . . . . . . .. . .se,..r . . .v, rp. . . .... . ��y.��..:.'rJTfi: 'r, i y.4i � .. . y' . , . . . , . � »q•���,�'�?• .a�s � . '' �'�.+,:n�r� ",},... . ; . ,. . � � �: � .� .z�. . •' _ .: � •�� . .. 7 y' , y�,-� k.1 ' 4: �� h•.i:: . . . • . kc.. "� ��rs'� �' ,1:' '•:;5•;'., (,p;" "i�`�' • ��3' ''7 ,�' t,"k} . , i . , � , . . . �{,•�r y ; 6,`:°Y, ^. . 1y- ��:��"'; 1.�i t . { ..� y J � � i. .!' �f '1r:.t• y yrT.^;•� r ..�����s.� .:c„; •:k� }i-( P ■ ''�:? 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Cash on Hand and in Banks $ 442 45U �s�. , � ���� . ��`: �:• ." � s :�; '`s`. �',: y.`,�s :'� 'j � .�'Ki ` ..4 � Accot�ts and Contracts Receivable: ' i.����f:�f.':,s'.�T�'<;Fi '.6 o.z�' .� i i:' ` � ".�n`•.s%� �,F;.;� .'. t��;; : r.i..1" 5:�;'l %�" .:4 �� ; °i;.;��� �;':�•;�:�=.: ''1:1;''r:::3Vw' ,'�y;�`` '�}y;f�' W,, ;, {`.:. . c' .,•:�.y�=�.;�..:'�'.�,?', � ,' 1,Y; x ,.'. {,' 'y° :,' 'Fr. r. ,:Ft��,,'' ':2 :i�';,:9� �;:� t; w= `r`�,";-;�,�4•,ii;r�:;!'�' .?�'�;-�, :�:,, �... � r� - •y;,;v ::•.:;,',;, ..�e,i. , ° i.�; ;.:: �:� :fi°:��ti...,.. �:��,f T����. ��:,1�,. ��:�:. ��.,'`5=�:1.l� �,,; �: r.;,:trrar ".� ��t�,"J'��' �,; �'.;sk� ��!;; i� . ..O�,,i �`��,; !.P� j;�•'li�i,�i ::�a,� •. ^4�F ,.,. ,���y?yttt>.2' ��5.�;�v'.'+.'"�tt� � �.}::T!145:^„ y`.5..4�v�1�y1:`.I? �� `;:��'��:''-.i; � Billed , � °���>����'�� Unbilled Charges Estimated �i',"1�;5�.i •. • - �'_.j�t;.;r. •. t; ��' �'.,,,� Less: Allowance iar ilnc;al�ectible ' `:��'�'�s•� `�� Accounts �.� �"r �. :.��' .'.�,.r,?4,.: - ��; -i. i� t��'-i `,*:..ti, ���.::} '� ,Cr �.. • 't. �'. i a� • d'E! ; Totai Receivables, Net ° �'���.;��; :=':�s; Due from Other Funds i "'t'-�`,'`;''. InventorIes, at Cost ._ �.�;.�;, :,.,,, �.°;�;�r5g��"`-�' Prepaid Expenses and Other Assets f,. F. :: ':.�-��i - � �. �.,; �i�, . �`�£t, ;'`�_:��'-'f�� Total Current Assets °'`-�- - 6°- :..,�.• Restricted Assets: Equity in Pooleci Cssh and Investments Due from Other F�cls Total Restrtcted As�ets Property, Plant and Equipment, Net of AccUmulated DeAreciatian LIABILITIES AND FUND EQUTTY Cttrrent I,iabillties (Payable frorn Current Assets): Defici� in Pooleti Cash and Tnvestments Accounts and ContracLs Payabfe Acr.n�ed Payroll Due ia Other Funds Cttrrent Portton of Long-Term Liabilfties: Revenue Bonds Not�s, Loan Pool Agreement and Acqui.sition Con�racts Total Current Liabillties (Payable #rom Cwrre�t Assets) A-2 --• , ... -��� ,, � , 498,588 426,700 J25�288 15,823 509.4G5 526,126 sas 1,43fi,B59 � 4�2(}Q,230 4,200,230 10,45T,333 16,094,222 .� �56,2D7 115,839 fi82,093 87,U83 3.879 � 1,245,� � 482,746 41$,000 900.746 12�89�4 88. $sQ52 ��� ss4,sz5 473,8c2n6c DG[] 2,047,B79 4,689,b74 .�23 4,fi9U,897 10,0$4,286 16,82�,Qfi2 ,�� 2,158,802 336�241 125,Q84 82,500 4+903 2�707,030 ; ` � ��� ��; �• ! ��•z ?�` � ,� i`' a t � 4�,� �,•!� '��� .; i`. ., } °, ; �' , �:, �' �. ,. � f.� ,�� � 5• � . .` ;�,.. 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COMPARATNE BALANCE SH��T, CONTINUED �`� ..'� � ; .:. ��t}',. ; ''; ' SEPTENiBER 30, 1989 AND 199U _ . ,t�•,,l- �:1 `�T�Ylf 5•' �'. 1.� ^`. ,��' � ��.��.� ...� - - �. � •'�.�'1iti:t , �.t,: � �i , i�' •'. `• 1 �', � [� :,J�%�'^i.E 1 (1 f,�' �f} �•. �,���:"t.� e ' �:�; ii. � ;r: r'' � 1�.7� I989 ' `�.��il,l. '.E" r.r,C:.'..:��': �'.4'.ti.jCr.�r_. '1�.,;�,''y'; ,.,�±d.i', ';.�'''.ii•,'['. ,' . , ..`-'`:t:: -�r �i;. "'a``�°{� CurrBat Liabillties (Payat�le frosn .�;. t�{. . ,i.;:�,. -i.�.:]:�,Ms.t<� ,' . � �� �;,; t � •:.y .�, i5 . ...� �; �; ; : °,., �;.:�;: s.., ,�; ...,: .t:,�°�;.;�;�,,. i��,'( ,:. Restricted Assets): t 5�4 yT::'Y �'.s �:'• l � i�i.+.� ^3 :lY:,.p�c � Y; � � ;: :!: ;,;�����;,:;:`�� ;:-''','�``sf� �'.�.,; AccountS Payable � 3,814 , �:.� .�� E v �. .',`�::: ;: �; `s�='"��"�:�� _°;i�-.;;;'��';.'.:�P� � Construation Contracts Payal�le 5�105 _�, ~?�,�,::`_�-�,�t�,.,.�^,,,.: ,.� ,... Accne[3lnterESti P�tyable 53,1a5 b3,7I3 ��' 44• � v '.: . 4+`r. t� �' ;��. ����:i,��1 � . i�.,_ - ,i(�1�'`�r'i'' a .,. . . . . r�.e';�u� ��.�.�.�x':�:.',. ,�, -��.�•�ti,,;,:,� ,.. Current Portion oF Long-Term Liabili�fes, ��i•7{jjy.. .• °,�. ��N�w�;�t?`:��� � (�1�1 rf �;� ��L�Lo��,tw :,yj��ltztr'! :{,nf*'Y�:n•.ti�.r�..�r„ri Renenue Bonds 7�.711 l�SQ� ; ; :°„�` ';��:,��f' ',`:=:��''+F' � ,;±" 714 B59 fi73 7fi1 �i_,� :=.:��.a�.,..;4� >��t.rv,� ;;,�,, .����•�::f�.�G-; C�omer Depnsits , _ .��.. ; :.:;,.. �� ��. x,.�. . . ;�'+'�4'�r'�vf�� ' •.� �; ` ;�r,?'` <'. iw,;,.��',�.:: To� Current I.iabilIties iPayab�e i, +�a'�.'--��,; w „��°�.� �; `.�jU��:!�:5�:`�i�i,=•'!eY!: - 4"'1 l, ' y' r ��. , . �� � ��.�n. ,. �. '+o'�:,A��: �:�; ��": ;`. from Restricted Assets) 779,525 740,079 ..'yij :�',;•;{'i.'jj`.:{� r%r r)r,t�:t��' �j':.j^:''��. r �.,;�j41:�'.4,,.L��=. =Y,..a}'�� ��:;j,��.�,, Fotal Current Liabtli�ies 2,024,62fi 3,447,i09 a..t,�.. �'ti ,_'ri•t"� '.,ti:;'i! �[�h:r �.X::%, .. .i` �`;y�. '" - d � Long-Term Liabilities, Excluding Current � • i� Portian: �:,-.. Revenue Bonds s".��� Notes� Loan Pool Agreement and <':'��� AcqwisItion Cantracts `��`� Total I,ong-Term Liah�l�ties ;;}s�. Total Ltabilitles ,•.� Contributed Capital: Other Furxds ;'�Property 4wners s Total Contributed Capttal �r`��rL;�,=� ��''' Retalned EBrnings: .„�,�. ±,� , .; �� •�-.: �b����z ;.�;�%'r':i Reservedfor; �fi� �.�"��:�y;,�': Revenue Bond Requirements: s�s=��. �:>�i�,-'-' Debt Service �.4'i ��i.. r ti:�.: ''�,���:��'�-�` �l=•' Repewalsand, Replacements eI Yi_.�;�: i:i.i � �'� �'i' ���:� � � � ��'��'�fi'� Capital Pro,�ects Appropriations �` r. +3. � y���;'�'� UIIiP.SBiV� ' �x, � Total R�tained Earnings {Deficitj � , r Total Fund Equity ., , :....._.. . _�..-..�..� -_ , . . ; � .` , ' � , , _. _ _�_._. _ . fi,372,143 6,372,143 8,396,769 &2Q, lfi9 21,575 64 i.744 735,675 �O��Q�� 1 03�5�.6?5 i,si�,9bU 4,7D4,089 7,�55,7D9 fisfi97,458 1�4s22,2 6,451,� 15 3,879 6 45� 5�294 9 9� 0?L�4U3 584,552 2U,8 I9 605,371 735,675 sooLoao �,035.675 684,925 4,534,688 6,3 i 5,288 6,920.859 16,82�,062 . A-3 � 1p i 1 �� i. f ' ,�. J ,ty�, ' yFry.i'. �i�: i c` . 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' . , .... .. . _ . .... ...... ---�..-..._�+r..r+.w...r_. . � s;:�`.+,J���. �1��,.:�.��.�i 1 . 1' _ . ^ � > i ,'. �� q� fn. �� fh.�:}�;p�y��5'. `.t., y. . . . . �: :,•f,•..�',':�r�, n.�y�i"�*,�!F�!-i` � . . ! � �t�.���}'"�r:<;t,.L1,`:,'�•��+ n.(,����. `.+ ,'��. , . � .� < <.i��.�:�kll'�.i�.G'H�:?�r},"�.':r:'�:`. , �� ' ' 3 ...s.�•. : �.,y�.n.i-.�5r .lw.x,F:�a, ; �i... _ . � ":1' '. .. .. . . , � I..' ��.''.,",'i ,�t r CTTY OF CLEARDVATER FLQRIDA � ,F;;�-`° �`�i�fi°�t:'� . �, ,� . .r. . .Y _ , .:�:; . ' .' , f �,�, �.s.d,:�._, �:" Y�. � 5• �. . ,'. : �. • . • ' I GAS UTILITY ENTERPR�,SE FUND : ��'�, f�`••�. . , , �.� ..' ,. �� i � - , . . �,;; ..r.., ,' J`i P,� +�'y r,`' :���' �''�`_� ��� CONlPARATTVE STATEMENT OF REVE EX •�4�� � •0. 'r�'�'"�'t?�`�. ,�� � v .,. NUES, PENSES� AND CHANG�S <:,�:.�r;�, r• ��� ��._�� ks.,, . � `4 ; � � IN RETAIIiTED EARNlNGS �T;,�� �y, �`��:s•���;����''��' �;�::;. ' ' = c, y u;:,6:a. 3� .: ; • � .. • .. • - �:;���-tt�q, ��r'_�. ;,,•.,,,s, ,,.,; ' �� . YEAR ENDED SEPTEMBER 30, 1989 AND 1J90 'r;;;�`�;��;;_��;�,��t��� s� �, � . ; ' j "' ' —' �•'r.'•.:: =•�'-f.x,;x.• ,��Y' �' ' ' ; � : :'`. t " `ar N..".'' {'a�i:�.�' "F ax:, ; _ :�,.. . �.��_ � . :� rsso iss9 ° �,'��t�. �-�141-;i1�`a\,: , ,}.:.r'� . �; . , � h�r�&r.h:�r,�*�y.:IS�,'� .� t7`.. �.�•' ��},S. , ' °� � Ope a�ing R ven es: ;.r 1�t�.F � L#���..�;'� ;<• � � '� r e u �'�?,. .��,. ., ,�, ;�.. �" :',; �. -�<<� . p , Sales ta CttStomerS 9,02f,884 8�715,Q30 �� ';;�ve�;�;Y�;,^��� � � �i'� .:� � .,.,r, ` : ,'r�•. �� �.s:,�y� ,.� � .i _ �:;;'d '�,:� :.;1 ;4=:; ;#°'� ',.,, ,}' Service Charges to Cu.Stomers 322,993 2�091 • �a����"* r.�f;;� � `���. ', '°�.;�'°�;;�"t,:f'� �� �� ' Total Opera�fng Revenues 9 349 677 B,9B7.i21 �����?y�'}�-£;�L�y���t,,�}��t`k��� ; � ; ;".' :.� t '.,s.;,� ,. 1f,, � . s .--l��� � �5�;5l��.✓� 7a �'7�'i-� , „v .� �� l *���:1: : :<,,::'.,.{:� ;r•� • , Operating Expenses: ��`a-�=��' ��,}�� +�. �': `; �.:�;a::s., °�"�.� ��.,` ° . '` ��rsvnal Sernices 1,6�D,g62 1,562,46U ' `"�;,�`���•• �p•�•�'� ,Q '_�.y' � '1 ,'i', Y7* - �J� ,A ��+:•��G1 A �. ;{`'` �.,�;M,;1� �'`� ,r;s,;:�.',;j;:,,,�` ,�;'. PurchasesforResale 3,�38f459 3,873�561 ;�.'��;��.,�;��st i���'` �;�r , ^`` m,, . ^:;,: '+''. ,,,,.,, , ;�, , .•�,` :;' Operating Materials and 5upplies 85,22� 60,195 •s,,,r�� ri��'�� �'����' 4 � f• �:,. "i:� . �.tii:.��'I.Sfi� . `t. t,: ,^�;,,��y /�.4�� ,1.`{'n �. 4-: �,��`{�� �Y�� � �,. �����` �� �; Transporta�Ion 222 952 287�1I7 � �. .;�x� �r r• �' ,�. s �' , . �'�; �„_ �,��,:; ` .;. � . , .�«_. 3 � r � ��'� � `t �'s: s' j'� �'{;;;�`` ;�:.'.' Utility Ser�tiCe 39,�88 26,069 �'��`��;�'��������.,.��,� ' e �„x r . . ;, : �:ti, < ,��. ��,. � �;i;= `.� ;:,°,:.,. • �: � . • Deprectation 3 4 ,.. ��y �'� �� � f ;;.s`� =: �•;.:� .1.,,_�.�c;�.���.��~ �, " ,. :. , ',:'.{; ,: 44 , Q4 �521,307 ,r:': �; �'' ',a�S �'. � _ ;��.` ��'��'�;��;'�°� :,;;�,� :�:��,�; � : , . Interiund Administiratiae Cttarges 484,B2� 488,222 ;.�.t�'� �,:���,`' "`�, �t"�.,'�'�Y: ; '�J3�'" Y�;,`�:i'= _ ..: �'„�, �til�i Cillti@Ilt �+'fl8ige5: s;`f��� �'rf '�s' �'1�-%,F� ' • j'� ; .:: �;.7.'� t,r,�,': Si ��� ti Y��f 5�e ���,� '' r�y•'� . -y;���:�:�:r,'�`^!�'. ,.� t },�,� tk�, � = ;'�`�� ,�,,�-:�;�'� ,.�::; : .,,�-: �, Professlonal Fees 121,100 55,45fi �,�F �?�y�q.�"��� ' '� � ~ ;;t; ° . . .. . ., � ,'� � i .a;� � ��ef: �' �' � 1 �'��". �. .,;�:::,� : ., ti:����rf, :,� '��:�:: .:� Advertising 42 6G6 `,�i; "-' 'r : � '�'��' � ` �. ' Ir.• . �. . .:,�;.'.it a_;•. t , 'i' f �...:,;.�;, •t;�f, ?''.a .iJ, .fr„rq ' �(�S" ,+ � i :y%g�t�t:"iZ.�i'�.� � c„ } I ;{,_ �,: 6:: ;:�'�� Comm cat ons 79 645 93 91 t, `�� ���3 ": � ,,J,�; ��: , �; ; ' �.r � ' ,, ,.1 [..,, ,h�y.: ��:- 7 � �'eY z3 �i,ar,.,,<,;��..is�,''iZ�i��� �� i,.. � `•;:� •r ° .�F���.'::���� � ::;:,; Insurance 22$,790 289,32B �', .�i,•k w��W^a��;�n�...i ��Y" , ;i "l�•± a'� 'i .�.G{.�i'� J�,+._ t,.��c�Y�; � �'�- ''�:s;:.`,r'�� ;�'.;.� �:4'�; Repa3rs ant3 Ma3ntenance '�56�67I 192l179 �,�'i'�?:��,�{��=?{ ���;s�`��`��'��,�. ' '` �';i:::r;' � '� '`� IIII�SC@ll8II U5 t; °• r.�.f;1}!��'t. Nd'i. c. ' j� ' .,i �.4i�'Lr~�� n ^ ti if W'1'r� � ,,,� ,'�,1,i'l�.:h�•� ' � a����2� %�.�rJ.77 VtA",',', �"ft,�i"�i� •7 ��t��� �+.� ` I�i� ��� 5 11 .4 ,'f���1^�.,� ��� �, �. � �l �.';.i'; ;';-;;_`.;;��'��'J .�;�`�:,�. D�ta ProceSSin Char es 56 5D1 �� B72 -� ,..: �r�,�:;:,,��t .�:.`:: :t :';i''t.r�,`,�� �,L F�.; � { ,�, . ' p.;' ��,,�-,,'. � � � 1 t.7 ;;'sT�,?}�,�., �I���i���,.xc.h. i 5i? �a��:i, • ;�iLF�S.�::,..:��. �i°M1::��':,�1!���;!' �^%� .�a: :i° Tt��s 239,903 21�.�l.9� �������;a.ka:: �,�;'�,�''w�;•�:}..;j�., ,., "'� f:�.i•;� ���" }t1? ..L..'.". �_FZ'�" '3,";'. :''�';,r�t"`�:�' �3!f :1 y ,i�s• g � .N .: �; t..; �r �i.:; �..•� � .�i ;' PronisIoa far EstI�ated Uncollectlble ;:....�,� _. ����,,�.��;�.��t� ;. _ sr ; $a ° .° �;i�.� . : fr• .::�isr:,�_• .� t �:t;.1P. � �. �r, �v" . . .f: as . ��`,, l.: .�[ } .� 'i t .•r" v...w.:� ���. ,.. � ,. ►1*fn ..,y�:'.i� i..e... !'s,t; '.`:�4' ��=it ' it ;�i,. '�t ;r,,:r;.}' ��.'���7 _ 1� ! I.7 9 624 . �.�-�: ;;;�"`�1�.. .iL.r�. !��. � : t' • ;: .,r,: ��; : �' . ,. � ,�� ;�.,;•"�,,_ . �a!,' �, x~� 4�r� w. �`:<..,:: -s'�;�.��'�.�:b��a�:�``• i. ,�,�. ;?��• ���;� �� � -,�'�" .>;• f�r � "'�:� .�:�. . Total Other Current Charg�s 1,[i77,581 f''•,;�G`:({A't�tE�":�t.i'..>y� t,,F;•`rt:`',',:.:.�" 't�.�. — _ ���i�i ,r. =:�..f' 5�, i�';;lv;�i.`c ,c.� � , . . . ° tif;�+':Jir�`Fi.�..���{">... �ks:1�: ��;:;r;;Ui;; = -. � .,,�:��; ,1;r;':`: �„ Tatal Opexating Expenses 7,887,411 7,689,fi95 -:-.•- �:,r�;r;}+,��,� ;-��,, , ��1�� . ':�I� ��. .+ "� ` !il�� a.�: �'� �fl�c •�� •� ��I•: � '1 ••`�� _SY� ,.L�`i�! Hi.���i.i '.J 7 �:i"l:;t •Y �s 1 �r�� �l:�.i +'�i� �' 'j': . �t.;�ki3da�.t;: , .';�,L�.i:s�u':�,� �.°:�r: .� t.};:.:�.f.= �,, ..i Operating Income (Loss) 1 462,4fi& 1�297,426 ��3:.:,..ti�:_;�r:. r:�'1�>Y., S,_����.... . '_r�`:. ,�:�:.:•, . .s.� .�. ��}r.�,�: � t. � :..� ��: ' 0 I ` � '� ' �` Nonoperating R even�es (Expenses?: ;.;�` `'� Earnings on Investraents '}'r.:'.: `.° interest Expense and Fiscal Charges f,�;- .. s ����:�:�_;�. Amortization af Bond Discoun� and •s{ �{ 15.411@ ri05tS �� ���� Lvsses from GUritedowns and Replacements °��:��.=" of Fixed Assets ~Y;i=` �n:i Oti�er � 0 Incame (Loss) Befare Qperating Transfers Operating Transfers Ont Net It�conae {I.oss) Re�ained EarnIngs, Heg�nning af Year Contribtitiqns to Other Func�s and Aacount Gro�tps Rgtained Earniags, End of Year r A-4 210,07� (4;$8,708} (11,92fi} (1,934) s,2os t28B,2$6i I, I76, iS4 {432*5�7} {ll$2 557! ?43,623 6,31�,288 {3 202} 7 0��� 180*972 (4�1,293} (1 Q,787} z, �a? (268,921 } 1,Q28,5D5 (189.14D} t�as,ima� 839,365 5,975�923 8,3^8$ \ �.y,-' �`;;: � : A.'1 " �..'! �tf�:�.3 <;; ;�; ``';`'.,.,: u�,�: a`,`._;`, ,--,. . r ;J:".,;t;�a.:�x :t ;`. ' v. � �•;•J �"�� `i •. x,: ;3t �' � �, � � �-:. y iA a• � `� � �4-[ . �$ �'.� � � <�' � � � l � � � � � . . -- - - .�.� � . . -w sti ✓ra:�;xr.�.'li�.f', . �Y«, � . . "T:,;> ' � . ! 1 ^. .. ., hn . ': a•. � � v��r.e^r'Pt.'A`.J1' ..-sy�..e -.� . ,. -., � . � , •. . • • . . . . . . . . � ' : . . 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' 'r�. �t'�fi•e ~ �.°�r��'f;. _n.%��::� . '� ' .. . � . � � ,. . ' ;• .` �.i'¢°v:';�;iii�;li'�p'1t�'9 dt;l�-. _ :;f. � a..._...� � .. ...-._-._.__..,... .... . -.. ._.._..__..-,-.. -_ '_-_....�.��w �,' .•�• %h�.:�;ii_F�"'1fy�.+{v1�.U�i:�i:�. '�>'., �. � �s.�' ,. , j, �'' ,s,''%�:iis��r%�Nti'`ll;�`�:„�,�'a�M�+��isiC . k. _' '�1� '' ����,.' '�.'' r f' ;"1'+;,�e� 'key�3'g'�1r�i`ar:. iy��`y��'. �''• •�•F i ! •�� S. � L-�i.R.�r'Xn[•��HYY�%J�fr��y.'%0� . . '.,5:,' .. . .�.',. . . . .. � �-yry4` y f - . . !. . - . . . 'h�� 6 ^..=..�y i , . � ' � .' � ,�l�wX'�3; ""1�,� e . .5. '.�.' � , jd.JT 1�•v t S n't:" - ` ,3' . FI . Z;�;`Y,l�, :� ; . -` , . . � �XP%ANATOR Y NOTE ..�'_;��: ��'. . . • •�..� . . �;, f�� �#�r, � f , • � _� j.. . � ,.:�:� 3�: ..,--� .`>. The City utilizes a oonsolidated cash pool tu acc�unt for cash and investments of all City �� `���, � . '-. --:: �� funds other thaA those which are required by orc�inance to be physically segrega�ed. The ��� :� � �"�^� -�, �� `: consalidated, cash poal cancept allnws each participating fund to benefit frorn the �'"�' .. , ef ,.='t ;� .� ,�, •., econoznics ot scale and lmproved yield which ar� inherent to a larger investment pool. �� �� �• �'".� Farmal accounting records detail the individ� �uities of the participating fvnd�. The `x��' •� .� �' ',�� �'; ��, � _5 ;, cash pool utiiizes a single checking accaunt for all Clty receipts and disbursements. '� �. :�r:; ��� �' ;'� :, ;� .. ''?r::� �: . � �. �.� t,i.' >.;,...',,s,a,t.,i..; . � �`:' ° �.-:... �: �:. , � '� ., 3- :�;,���.-°,,:�5��:,.,'��'.-�.,,:-;.;,,-,���:��. s��g with the close of fiscal year i�so, alI Ind[vfdual fund cash equlty accaunts ����� �- :.t`�t����:ry,,:; ' ����' '���:. . ._ ,. � t �. �:.'• '� which were in a deficlt {averdr�t) pasltion with respect to the coasvlidated casi� pool ;;�,�;�� ��'=. '.. ..,� ;'`=;:�'';;::��' i; t``� have been re�lassi�ied �o shart term interfund a b3es ta the Ca ital InQ rovement ; 4`"Y' `�,�� =����• �.' P P � �,-., ; ., ,;, : t .. ....:.. : . .. �:. P Ya � � r '; �':,�_::��`:'�;�.�' ;. :,� ''-'`Y',` ,F Fund, the fund selected by management ta reflect the offsetttng interfund receivables in ��:`��"� '.'r' , , • � . �1. � ' ' ;:. � . • � sit�Sr"� .. � • ..r �,�i , '; • ; �' ti� �.. . ,� '. , ° . � s�C�l C�S@5. $ �u'.i � : :�•,'�, � . ;�, � ;,.,. .. . ,"; _..` ; 4 - � ��x���� i' f : �;:^�•�.a' , r•' • °-y = i [" t �',i'�' . :i� . -.j.. il�<t .t",. ;�, `. �{~ 5 � ; ,`: -�� :=���' � ' �; �� 'r � % The defici� (overdraft} positlon far th� Gas System of $2,158,3U2 � �� Septem.ber 34, €`„4,��'� ,`z`:;_ ��:i �-.:;; :'�',:' �.; �� ��' ':�y`� 1989, is shown in the financial statements as the current liaf�llity ��Deficit in Pooled Cash �:Y,. k r ��: — ,y%' �,.,��,:..' y, '� "•' ':�` ';,:" '�„::.'�;,{„ _ and Iavestments:' ,•��''[j�. , ''.'. •1. :�� ' iF.�k'• : i _°.i:.r � ..���S.i'�. .'' •''�•''• ��tiF.�i�r�ii .]j.4� 1 �.,:'� •t:��1. ;�'����•�`5.�:.',. S�?+;'yi � i�=;°�:,::�: ;�.o::.�� ��:';�:�;�;�,�� The deficit posttton for the Gas System as of September 3Q, 1990� W85 $1 *99�,043. 'This <�,4i. �,,�; .• ��- �� `��;,>;,"; `,`;,,"; r, amount was netted with other interfuud payahles and receivables of the Gas System and ;., ��..'. .� ,;_ .t" ' �'Ji�.•=•.t1.� .':�,�x� :;;� .°t:':�.;•,.,�E:-�'.�`.;�' ;�f�'°�;:�_;� � is included in the current Iiabillty "Due to �ther Fun�' which has a net balance of .�;"��''r' "`� ,'.:`•' ,;"A,��`:''�`;'', " �� $�82,OS3 as of September 30, 199i1. :;..��'z`'r •i:`� , r, t i r. ,,t. _�r.: e:�.. _• ' . t.' ; �,';. -i ,.'i:,.. . , 'rJ:';,��. •� ih ��r,.`i;` ' •.��" f�"` N ; �Yr �� : �� ,.'�`,: r.,,. ` ,'�:�,; . .���:' i.. ; .�� �.�.., . ti'`'.`� �.. •:i �.�.:A={ �,�5:=',' �`�,'��:, °�;'.s;y�j��� •�,.�" ''��' In addition to the deticits described above, the amounts shown on the BaIance Shee� as ��;; ��a:'' ;� i: r��-;�:•, .• r�s-r`;�i�•,:µ"�;.�`°•-� :r Equity in PooIed Casf� and Iu st ts th ding :` '.�.; �Y:�a:r�'� r. ;���.�..�.�-.►:•:. -; ve men under e hea Restriated Asse�.s represent �.�= � '�;''' r���:,�° �''°;;:�`,��,1: r'� -<� pasitive equity ia the con�lidated cash pool which is resern� for the followi.ag pt�rposes: ';;`f ���"�; W'1"�riiRt:4i�i`t�, Y.�•� 't' � 1�� y:f� S�a.,r<i t� '+,�'h"*�lYr ;4f,�a�. • , ' �',� ':°- -'� �' '{�'� Y,'�; :l�� `��' ..;fy.2� , ..{'.i:�:��...1 '.�':.V.4�. :�;�'- �;:�`�:',��,,��:;r.,:F;•. ;�R,'yr�;�'',= SeP�ember3Q Se tember30 ,`•� �_- •E''1'_ '�".�G�`, rt_ .l�e'•' � E�kT�A`'''�•.�`.�' �•! -;�: ��'-y'.:�j �^'.. '�f'..�f1•1 ..�'":�5.� +�jj�'::5�i�:y ,'�° � .w� Cti ��.�1 � Ail.,� . • �:`h�'41,�'�:�::}°_°' 1 Remaining proceeds of Gas Revenue Bonds, S�ries 1983, reserved for construction of gas system improvem�nts authorized by ardinance. Debt Service Reserve for Gas Syst�m Revenue Bands, Series 7.9� R�serve for Ren�wals and Replacements Reserve for Custoruer Depasits 0 Total A-6 3990 � $2,388,844 798,727 SD0,000 ?14,859 $4.200.230 1�'I��i I9B9 $2,92a,248 796,88B 298� 17"t 673,781 $4,B89rU74 �Y��PI I I � l�r, � � � � � 1 ; �� : �, t' � �' • �{ �� �:.� •, .� ..�, f t t' ! �. r + �_ j .7'.r 1 s: � -�5f �-�} ��'. r �> .. �� :�� Gf 3 �. �. � <, �. . t s.%f:'Rif�Y►L'�11.W.�4-m�.��11:Ja�.NY.M•w �-��' . � � �,;v 6' 'v 'f � . � , � w� . . , �., . . ^ .i. � Y . ... �. o ; . � . . . . � .� a�.��rs�.:.,w++�:►.. . . . y �� j� . , . .. . . .h 1 . 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'.`' '- ;:, _ . • � ;�: :�'�:.+:' ;.,i�.• � , Pw:.;_� •r,3,'. �,i.1 `�'l •;'l� .. a , {. ! ����:`"i� 5 ;�-::�:F�,.�rt,:};°'�;;:�;,,:'';'':; ' ''`;�;,�. �';,� AN ORDINANCE PROVIDING FOR THE ADVANCE REFUNAING OF THE OUT- -.:i:�;�,�� rfi;;�`:,Mr's}�'�'> ;',�. � N :`�u� t.+�: ° , �` . . ' ' • • � , ,' STANDiNG GAS SYSTEM REVENUE BONDS SERIES 1983 OF THE C�I'Y OF r��� ,*� � �e�!r � � ,, .��''" �',;�.ss-::= .�'>; * •;''�.'.'n.•���,': .. CLEARWATER, FLORIDA; AUTHORIZING THE ISSUANCE BY THE CITY OF NOT `# ������'��f` ��' � '�'a'z;r.',�3;';, . ",: '; .�'�'� ,��� i, �` +`P.k; ��=�;,i + .��: �:� ;.�. •. ; : ' , _` EXC�EDING 59,000,000 GAS SYSTEM REVENUE BONDS, SERIES 1991, TO BE A � � . . ,: ; � t ,.,.,, ;...'; ,, , ` :.�,.;.4:s.`:.;;: t,=.:••:=;,s`; �:r;�..•.•;.,: - � , •� - .... ��., , �,,.�,.�;'.::., APPLIEDTOADVANCEREFCINDSUCHOUTSTANDINGOgLIGATIONS;PLEDGWG �i`�'�� ':`� :'� °"�i:' "� f: `';� �°� � THE �iET REVENUES OF THE SYST'EM TO SECURE PAYMENT DF THE PRYNCIPAL � ,t;,:z�y�; �''%':��: . :.}',: ,':C�; .���,:?�' ��►�,; , < < .' ',`,_s�. :�`;;;;;',';�:�;,;�t ",`; 1,,� '.F"�� x'r ; QF p.N� �NTERFST ON THE BQNDS; i'ROVIDING FOR THE RIGHTS OF THE �:'�,,�;�=�� �s '�'`��s�'���;�; �„-� �j y;��;:',''j;;};�.,`::°��-i'� is,,}"'`',e:;�z';`.:;�,:_ HOLDERS OF THE BQNDS; PROVIDING CERTAtN OTHER MATTERS IN �J��; �'� �":;�, �-,Ys�,��'.�;,.•����';.;.;r. =:'a�.'`�..J=,..<:`; CONNECI'IONTHEREWITH;ANDP OVI iV GTl A �y4���.��,'�� ; t�� ,:: 1.�.:�,' R DI G AN EFFE VE D TE. ' ..�-.vIR. ��S `, 'v,r `�tr, e''LISr�`S ,,�h��1 �� 4 'r s, 4 �7 ��' ! S ', ' } "�. �.' M� ��i 4'.. f �,;'�, ,. F,.s.'r� e4 ~ .l, �af°r� fTr'.•s�.� ,�•1 �`" ��,_�:�: � 4�����,•s��:'� °.`' ''�':��- BE IT �NACT'ED BY THE CITY COMMiS5ION DFTHE CITY OF CI.FARWATER, FLORIDA, �' �+�`i,§.;. _f �� �:,' ��. _� ^,. :,����, �� . �,c,�',.r�i�„'�Li,��,�;Y����;:�' .';t�'�i��<ri �,,'�f.',:'i:, 85rOIIOWS: �y'�TS{tr 4�,_ „ . ::�"� i' - s�� t rd � r.�: rJ . ,,•� :�, qrl,�} .1� ":��=3- r e��i W �'% ''��'r n T k'elf� •1 i- :.� ;'�`• `i � y{,',;!� i-I :� 3r ; k' ' �-.x.� � t,t �'-� i• . � . i;,. �. ,,�r�'`� � 4 ��'t *., . r'�f �f:.�'�� `�j`�i�� �;��•��"'� ^��f,°;- Scciion i. ALJTH��ITY F�R THIS„QRD�NAN�E. This Ordinancc is cnacted pursuant to ihc ���]�;,� " �1:,'�'I...;�,:t4� t�ti��f,.�;5: �4)�, yr� �ys.�H�.�; ' �'f!✓'���� � . " tirr`,•�'�t�;:�{.';�,.,;;�"; _. ::'>,���,•�' psavisioas af thc Act, hescinaftcr dc�sncd. ��".5�`��`in �y���;Y > � {'' '`�`�.~;,•. �:.' � �,3yvi:. :.�"n ; t•��� Y iSf��:... I..�1.:5_�x� �,�i F'13!` ky f�� .._.,,i Y 3.�54,, , ., qf��.��i�� � �j•' :r3F}N"°€�'� ���' 1�# � ���" ����i�°` ��I` Seciioa 2. DEF[TiITIONS, Thc following terms in this Ordinancc shall have the fallovviag meanin -'��r{ �t �l.�t� !' �Yf � 5��.� 'w, i.F �a..t�.9�`'] p , `��,i�r' - t•i�'+'a�z.�y' ::� � �v'f.'1' � y,�e�Y��� E `�ti.."•-1'.n��}�`:ti�� .�r,�.^ti�. 'i ',Y' .. i '��: : i _ t �' ,��; < , ` Y ':s •;, `��� un�ess the text otherwise expressly requires: �, ,;•�� s�i.�' � ���, .L � '+�s ;.i "� •r' �•rr ,c:.:� , `.. , � ,krK r� 1 ';�:.�r^`J':k ..;� ,{� a..,... . 'l �°l,�� �`� F��^ Y?��#L'•.�� �:���:.�;:,�1`���.'_�';F;t',.x�:.n•.� .t t"���€ '� � .t s�o�' ���;. 1,: �'�i L:,":;.^:' I � �.,�;;��;;���: i?;; �.; i. r� y;. �, ;.,��.'z ; ',� p , r, u, d hcr a lica le rovisions of law. 4 ��, . t�,,,r�^ „ ' �'{ "'� :� '� "Aci" means Cha ter 1G6 Pa t II Florida 5tat tes an at pp b p y'�° ��• � f� ��=�iN4SF'.�„'.Es%r.'i-.'"'.�:':.i%�. .. ''r=li::i.�a. ..•1 •4.F:s�rS��'¢'t�{�'� �� {•�.,�.. �..s.t�: s+�.',:�� :, :� � i;.� "Additional Parity O51'sgations aha1S mean additi�nal obtigatians issued in compiiance wiih the itrms, ;�F��'� ;�,. ," couditions and limit�tioas coniaincd hercin and wtuch shall havc aa cyual Iicn upon che Net Revenues, aad ranlc ''� •" ''r:,: � equally in all respects wiih the A991 Bands. ��' `�'�� �:,. . �,._. ;.;,,Y�;'� "Anaortizadon instalimcnts" wiW respcct to any Tcrcn Bonds of a serics, shall mcan an amount so �•'�? dcsigiatcd which is establishcd for tho Tcrm Bonds of such series, pravided that (i) tach such instalUweat shalI '`•:�,�r� be deamed to be due on such interest or princ'spal maturity date of each app�icable year as is fixed by subsequant ;'; ;�, ordinancc or rosolvtian of 1he I�utr and shali be a muitiple af 55,OOU, and (u) thc aggrcgata ot sucb uutallments �%; ;.,� for such series shail equal th� a�rcgate prinaipal amount of Tcrm IIands oi such series authcnticated and �-`�.�F� delivcred oa nri�inal issuaace. ;4i: _'!1 "Autharizcd Iavcstments" shall mean any invest�cnt autharv,ed undcr appiicablc Plorida and United StaEcs law. "Borad Regis[rar" or "Regstrar" shall mean thc oFlicer of the ]ssuer ar the bank or trusE comp�ny which �hc 3ssucr may from timc to timc desig�ate to perfprm the duties herein set forth far the Ragistrar of thc 1�I91 Bonds. . "$ond Serviee Rcquucmcni" for any �'�scal Year, as agpGed to thc aQnds ni aay scries, shaIl mean thc sum of: (1) Tbe amount required ta pay the intcresi bccoming dua on the Bonds of sUCh series during such Fisral Year, cxcepi to thc extent that such interest shall havc bcea pro�idcd by payments i.ato We SinScing �und out of bond proceeds for a speafied period oi timc, ��) such F'�scal Year. 0 1 Thc amouat reguired to pay thc psincipal o�' Ser'sa� Bands of s�sch serses snaturing in B-1 � � � � i?:j � 1 �� r w: .. . '� , F�; :.,. ,1 � �. 1 �' • !'•7 �� r�� ' .� ± :` 0 � s ,� �: � � � � - � � ;X.., i , ,�i : ��,,,r.t...„�,. , . , . . . r . � , �� . ' . , � . � , s . xvl `�: �i' ' �>� ' i � •, . . �/�r�.S � 5$ ��=:f,°'}+i,41�� �{td; '� �i � . . ' ! 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J� ! �Y? l�• " t�-. l� N . .�p . .:`� ,�,F rY�..�A��.`! ° Fr:t:;}��; �� ; � . � � � ' .. . � .',� � 'cf�;3,`' ,�. F,y"er.i`• ` , ;`�;'_�'`':4�-.�S�i�a�'i•�., . � ' . , . . . . �f' � h'..�dlr.�i' �'. . ' ' . ' . � . . ' , . ,. ,'}_1 4'��. ';�5; t�f � ' ' ' � . .• �S . . � . . . � , . 5. 1 , r,, � . . • . � . . �'� .f� i'� . . . . .. . . . ... �., .. �. �•�ra r.�r-wr� r�...�._.. �. . . �• •••P: j �, c i �� � � N' � `� •w 1�:SF.{�.�t^ e�R,r'.. .A� � }''r���� .�„!i}�1r�', J . •�: , :'r.`F.'j{}' . . ., . ; 1 f` . . �;_: . 7•wi�t�'.'_'i:'; ;.NTJii: t r . .t • ',;Y �����v...i .. w� -�,• . + • � :��.���';5, �k,.i.�A rz; �; }'t� "; � i; `� 1 w �• ^�� .%� E��r��4'�,k �;��`.' 1i. }�" yFii. � ` , � � {,- _ ! � {3) Thc Amortization Tustallmtnt far tbc Tcrm $onds of such scrics for such Fiscal ''�Cear. �= ���t�,: ,}`s=`fn� ���.� . ' In computisig the Boad Scrvice RequircmcnE for any F'�scal Year, the issucr shall assumc that an amount of the �-,'�. �''�'�1"� ��`�°'' '' . � �;, . � -'."" '-`; ..;..��;�;�,.�.� � 5"`' . .. Tcrm Bonds of such scrics cqual lo the Amortization InstalImcat for thc 'I'erm Bonds of �uch strics far sur]� ' �,��'.�t' ��t,:�: �• �.°�`.'�'�,_�}��'f". �I' � ``�I�: � 3��1 �',i �.:�� -.r� i : •�<- ,.� .: Fiscal Ycar wiIl bc rctuCd by purchasc or rcdcmption i� such F'�sca] Ycar. In computing ihe Bond Service '�. .::.:.. ;.:.;:�';���:�f�'ry.���'. , '`��°r "� � � Re uircment for an F'�scal Year for Bonds of an series the Issuer shail assumc tli t t ith T ��:�'"'�s`='`°`��„�'°�^ �;'��'m``'�"�''� . • ,. q y y , a an amous� o e erm ��•,-:+' �,; ,:�. -" ' Bo�ds of such scries cqual to thc A.n�ortizatioa lnsialimcat for the T'erm Bonds of such scrics for such F'�sca) °� '�� `�- � � �� Ycar wiil be rctircd by purchasc ar rcdcm�tian in such F"�scai Ycar or that paymcnt nf such amount af Tcrm I: �.��' .�" .�'.;. _�' •. �, �• Bonds a� m�turiry will be fully provided for in such FiscaI Ycar. Whea deternninin� the amount of prineipt►1 of '` .� ...` ;: ,' .•°�'- .,. ��'� ���� ��:. und interest an the Bonds which maturc in any ycar, for purpascs of tbis Ordi.aance or thc issuance of any ` f Additiona! Parity ObligaEions, the stated maturity date of Term Bonds sha11 bc disrcgardcd, aad the Amortizadon ��� .� [�� ','�.� InstaUment, if auy, applicable to Term F3oads in such year shali bc detmed to mature in such year. : t., . . � .'; , _:'� � � � "' �'�'' ��� "Bonds" s3�all mcan thc 1991 Bonds and all Additional Parity Obvgations. "199i Bonds" shall maan thc ��� ::;. {� ��`' !' �'�`,� � f�,' �; �•' ; obligatioas nf thc Issucr au[horiud tn bc issucd pursuani lo Scction 6 of ihis Ordinance. .;r, . : ; i;. � 6�s.�� ` � ,.i� ' � �j`!" !�Y.�• . °' '' �':�'::; , �•�, �'' ; `' .': � ; ;?:; ' '; .� ; ' "Capital Appreciatian Bonds" shall me2n the a�rcgatc principal amount of the Boads thai bear iaterest �' -_.��:-�' ��� "�'��. :'-...�;�..: c �• •-`��°-�."� �`���•`"•'; :: � payable solcly at maturity or upon redempiioa prior to maturiry in the amouats dttcrmincd by rcfereacc to the • � c. :i: � f : � � .•,4: � � .....'.". .• . . .: ', i,. "•..� . : �-- -��. -: -�-°� �,�, ,�.-• r� .� • Compounded Amounts, al! as shatl be determined by sabsequent resolution of thc Issucr. Ia ihc case of Capital �" � " Appreciatian Bonds that are convatible to Bonds with interest payabie prior to maturiry or reciemptiaa of such �:,: ;;�,.� �� '_� - „.--; o.., ;:,'; _,, ;��<< .' , � . 1,'�,'`.t,%t ,•%,:" Y �F; '�y,• f, •� . r ' Bands, such Bonds shalI bc considered Capital Appreciadon Boncis oniy during lhe period af time prior to such ';,,•i �•L a ");`'%;,�.' �;.: x�. ��;. conversion. � ..t� ;,r_�,�i ra;i.••..•• . ._Y•.;';; � 4. .- �.Y : �.1',' r ': ..�+. i.' •. .,''. ''.r' ', �1 '.'.e':'j' �� ;. ;��'i. :L;:;=;' ?; '.; f.i,� ���:;�':� '�,: "F::,�' "Cedc" shall mcan Ccdc & Ca., thc nominee of DTC, and any succcssor nnmincc of DTC with respect �' '�; � "•:;` ,s�;� ;`.��;�' �+�� to thc Bands pursuant to 5cction 11 hcrcof. �� 'r:. -s` ;';';, '_,.�,;:•.; .' :i: � :�, t� . �� ' . �'. . k-�: . ( ,•Fr�.,'T. ,.V'"�Y.1<t;.;`��'��� ,.IS ���•'� .} �� ��;. .; �,. '. ,. .,�• �;.<?,,, •'� "Code" shall mean thc tnternal Rcvenuc Cade of ]98b, as amended, and ihs reguia[ioas and rales `�: -';�+� �� �"�,� �-;�" , V��,�;�'; � thercunder in cffect or prnposed. �<} F��' - '.- . � �...i,, :.',.` :1.� `�• ' ', 'L , •.l•i�' ;'.a..,. '.i��: . . i�" �a:°.`���'���"�-'� �',`;��" ;.;`,�_ '::';. "�'��" "Compounded Arnounts" shaIl mean, as of the date af computation with respcct to any Capilal ,. , 4. . • �'-;- ,. r � '.�t_;,' z]� G:;:.';''.' V'��%�t;:;::iae�. ':."h�.`.''.j ..; ,.. , ,. ,; ;, ,.,.-„ �. �• w ,, ,=' �." � Appreciation Bonds, an amount equal to the priacipal arnoum of such Bonds (the principal ausount at thc daEc ti . :.. ,; :;�_s..-::�:_� = '': �� - r`�k� r�'4i'� =`� •��• �' 4�'.:,``� .�'..; a[ issuance) plus the interest accrued an sach Bonds Go�u the date of origaal issuanr.e of such Bonds to the �, .;,.:.�. .�,•.�;.,,,�, �r,��.r',� ,., . .,. ..� .. :.�.:. -. ;. . ;' �R:,; �:� ;,.,.:; :�_ :,�, S. :,: ;��. •:,;: =, ;�u, ?, '� In[crest Paymcnt Datc ncxt prcccding the date of compu[a[ion ar lhe dato of computalion if an Intcrest Paymcnt ��'�� �'` 'r�"` '`' °�''' Date such intcrest to accrue at an interest rate per annum of the Capital Appreciation Bonds, as set forih in �.R�r';j'.;{' 'J., .I�?1[.+,'�:r�=��1'.�r,°a ;_ J�"t'f�.�. 4;A`; f ���` s, >'.`" g' k;'•' �: �; �� - the resolution awardin thc salc f uch B n `' `��;: ;';:;.����; �;;.,. g o s a ds, compounded on the interest Qayment dates of each year, plus, if�'if":ti.yy �.i": t�. . . . � . '',� .,.�_° °• ���� �'js"�r��•�w�.;: ��� �.> �.,�: �� „; ���': �. �::'• with res ct to matters related to the a ent u on rcdcm tion of such Bonds if sucii date af wm utalion shall ;�,:. :,.,: �;- . .Y .�r.., .� : .. x��.. , ,,-.. ,..w , �..: � P Y� P P � �`��' i�s �°�' "''�.";�;`tt+t�:tr-� >>:��`.''+"_:�.;•:�� not bc an Intcrest Payrncnt Date, a portion o f t he d i f fcrcnce bctwceo t he Compoun dc c i Amaunt as o f thc " � i`''�,�';§' :;-:.�r rt,_i, , .1 ..r�; t:.;a�.c•��';�i: 5h;.'���,;�,;� ���,�„�, , �;�;y �' Ta ::s':wi�;�.� �.���;,:r•_, ,, immecliattly preccding intcrest Paymeat Date (or the date of origina] issuanr.e if the datt of computatian is prior :�. � �' �'�'•�': �:���: °::•�'•�' •- to [hc first Intcrest Pa eat Date succecdin the date oi ori ' al issuance and thc Com oundcd Amount as af :"::�'ir;:r�,--;�.�`;.r r•:; Ym S 9� ) P 4�F,�.; •_�i;,,, ;,.;;�:.;.a,{; iho immediattIy succccding Intcrest Paymeni Date, calculated based on thc assumption that tha Compaundcd .,.f. �°'��=-:`��•:�';s�.�';'�� Amount accrues duricg any period in equai daily ainounts oa the basis of a year of twelve 34-day months. A ��.:' };:ei'.; y,;,:,,;,.;;;;�:;���;Y.�,';:,: ; iable of Compoundcd Amounis for the Capitai Appreciation Bonds shall be incor}�orated in t5c rrsolution :;��,�". :'�'�' ":"-� :r '. ' awarding the 5aie o!' any Capital A�preciation Bonds. ��, '."�:.:,'';;,''-.`t- , ,�: �, ;...., . :.� �,,,;,t:.,;rt, .. :�"�:`�''r'�"'���,' =� " 'Coasultin En neer" shall mean such ua�ifed and rtca ized inde ndcnt consultin en cer l�avin �F;:;j.i��Z`.,.����::a,. 8 � Q �� P� 8 � � � °? ,�-=E� � r=s't;:,`'� :�' �;' ` favorable rcpute or skill and experience, wich respect to the acts and duties to be providcd to the Iss�tcr, as �; ,�.�.:� i� �'��a;:'�.s ;," employed or retained by t�c jssucr to perfarm the acts and carry out the duties herein provided. .,...•+���,.�;� � � ��,� �. .:::. �}i1�Y�''s+ij !�[ •F.Y �;5-Y � � �� � M • u-�'�'�:������--,.��,,•�,�.: 'Cast of Operation and Maintcnance oF tize System s6a11 mean all current cxpcnscs, paid or acrrucd, °" t��`:�� '""'`�-�;����'�" for Lhc operation, maintcnancc and repair af all l'acilities of t�ae System, as calculated in acc.ordancc wiih sound �"�w�s���,�* ��^�±:F . ^��: .r�:,.:,�� accauntin� practice, assd shall incIude, without timiting th� gcneraGty of thn foregoin�, insurance preariums, ��;„�:: -,.;f� administrative expeases of the lssuer related soleiy to the Systcm, lahnr, cost of materials and supglies used for �� ��r� current aperat�on, and charges for the accumulation oF approgriatc rescrves for current expeASCS Aal anuually ��• `���;� rccurreat 6ut which are such as may reasonably tx expectcd to bc incurrcd in accordaace with sound accoeuitiag _ sr• pPaC(ICC� but excludin� any reserve for reacwaLs or replacements, for ractraardinary rtpairs or any allowaacc far , ' � dcprcpatio�. .. ., .. . . - �r , 'i , B-2 , � '.' �,%:t; y�ffi�L ,. ... . .l r :; !`' .�,'. ` ::?:�;; . , ��� I � .' � M1,, ,� 's � .` , , � 4 , �: y ;� J';Y ,' ;+" + . , �� y `����• � �'�; J 4�r-�.'-�,,. 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'' .: •'. ,: "i.:♦{ s'., f�t,!. �'.[� � • :A' A �� .. rt..���.� N[i-f�1f.1�.Yi'��' 1.. 1. ��. �.�, , ' r:P�s� �' '� =SSi�.:�� '•i: `.`� 1� ' E��j�j� �s{'^-,�:,,:"([ �1;4'��t,:'�':-i�l�. ,''i,y . . �...e r�H.e.l�Ef l '4i�Mll�.. K�..jC�,.Y:. ,.e �� .. 1^i3: ,..:..�:�-:r,.e'� . . '"r;�{�' �,�''1s�,i�� � �yy� � � P,�',.�,�:`,: "'P ' R . 3 � . . �'• s':• k5e�ld,5'�' `�',.w� � ."•�}�.-':. ':�����:x'� S , 1 F.Yi�i�.�;�"jr=i*�7 eil��'!�.,"��,�;. , � � " ��'+�k�,^a��+Y�'?'�°�%, ' rr"�I .i; • � ' , 3 1�: �`Z�l�t>�L ������� ;'r j� , : � ,� �,: - . � � � 1 "Credit Facilit}�' or "Credit FaaliEics" sball mcan r.ithcr individually or co(�cciivcly� as approgriate, aay �', �'.t� �;�.��� ��ti';r;4� ,� �.,� . '��i �' �''�'r;.: ,t�� ' r .�.` � boad insurancc policy, s�rcty boad, letter ot uedit, line of credit, guaranry or other insirumeat or instr�menis ��: �:-�;-'��?`-��'�'w�`'��;,�,�N��'��,. � ��.'�w�;'�,.�., �;,<�.�'.' j.. .:'-',i�t,. F r��� � i j°• :, �;r=°'�'�.' ; ` .. . �� thai would enhance thc crcdit nf the Bands. Th� term Crcdit FacrLty shall oot include any bond ias�rance, ��;� '�y' �'���=<�"��+ ��� � >...,.q.,. -�:�:• . ,. , : ,: '��,��';r���'��.� . > : , t.y�...,. � r. �r. :'�?r'"' .:i'�r .Y;,y�,,. ., I.� E''�e�� ,.f surety boad or other credit enhancement depositcd into ar allocattd to a subaccount in tbc Reservc Accouni ia �;.,�ins�,; ;r��� �.�f�° �1: .,-'1,..'iR � ,i,i: . . f i :� �;.;�. � -.�...,. �-, .{ � ; - s �, ';.� '. ? . ; thc 5�nk�ng Ftu�d. �Y��'a��{����'� ��sa�f�'� k �,i' "5 i'q4.tir ' :�''�•il�. � :' ••4•�' �i;�•• ,• ��1{, �w r6 �9i� :i� i , �f' �d`��'�. •�.�`;• ^ 'k °'7'3�4������ y+•��=" � � � -; : i' �„� t? t ;�' �„�;:,`��'�; �'.''„�.,; .,;�, " r F ucr" s�all mcan [ht ro41 r nf Cr i F �"�" � ; �' '� , , :;'i,., �.,. '.; C edit aci�ity Iss � dc a cdi acility. �G �'l �� �, � �� , . : .:,.:1. �, . .�.;: - ,��x1'��.�' � . ti• ;��-;;;�:.�.'."��'� �,4�, :�a; `�e:'.. ^ �tj;,;��r�-7� �,,�; •, F •}'•x '�''°,•� , �'•�`;�;�;;':�"�: �•�� '. ,-. " CurrCnt lnterest Boods" mcans the ag�egatc principal amaunt of J3onds that bcar intcrest payable `�n�'���: � ';i;';;:?�� =�:; ��� ��'.�'�' �-2 `_ ��1�',;''' scmiannually on such daEcs as datermined by subseq�eut resolutiou of the Issucr adopted an ar prior to the sale �� as���. `'��,� '� r �' ,_�j� a��'r.r:.`•,'sy�:'! z.�,..'•'..%,..•,.'.. � , . '' r ' ! j' ? � '� "f asR- "':. .' : � ' : s::�: ' of the Soods. °��;����w���`� sK ;. +4"ry.4� � �S' - ;t1'. ...i,,. . '.a..Y•: :°T _•I� �� E}y,,. i' y�'.' ' � �d�,�i: �':�'.���^: ��• �"T;�S � YSr �(R�• t' i -,-Z' ;•.�'��,'7•:�.;� ..= Y:.x�`j:�".'f. ::... N P,����:: i�:t2 i..t. ,Y':.i � �� �'� :h�� � �. � , f • � ,�; �.� .� : �, , , D7C" shall mGan Thc Depository Trust Comp�ny, Ncw York, NGw York, aad its succcssors and assigus. , �.r-;� , �;�,;.w�:*� � :,,' t���'.��,.:,=�t;�`.�.�•• °�.. ''>:,°�?•�' t�� .� ' . ;�: �� rrK �1. i�1�•y�t �4,7.;.;t,�^ir: °. • • :-!, � �;Yvt:J�L'.;� a'j�`.r,pi�t Yt � � 9f c' �,'��"��' `'4.��°;�� ��'�;�'� � �'��. "Escrow Deposit Agecment shall mcan that certaiu Escrow Deposit Agrcemcnt by and bctwcca the ",��r';r$`r ��.;" ., •��• °��, ; �'� ��-,,�� �i};`,ti' `'l�� '� '''_<: ��;�°}` Issucr and a bank or trust company ta be approved by subscquent resolution af tlic Issucr, !or tLe purpase of y.,z����:��`' � `,� V.i`4�i. �>: .; ��� ;,:�..: �: ;; �:��A -., '� '� ' � �• :;,.=.,,1� °�;= f;�t';;;� `F�'s= ;,::.`;";� j��5�,; ` providing ior the payment of thc Refunded Baads, which agcemept shall bc in substantially the farm attached :3=- �'r,� fi � {,. ;:ti ='r��±.� , i'ix`y:.t?'`. •%j Yi. ?. •i'� k1CiCi0 a5 L"X�llt7lt ��► and is hc[cby incorpprg[cc3 by re[crencc. `w�� ��5�' � � �a� � .y `�s� t.' �:. 'f: �•,•' :q�? a.h'�` `c � l ^rie� 'k��:.`.1��';:�.� 1;. `: ;'; �;S',x� :�t • :' �3i:�' . '.i:.;� �*�Y.:,y��. y�t!� � �i•' (•. � �'�.,`�=;'�3', ,<i:. ''tix ';�;�z;�r' ��,.:r? �; �: ,S�' �-% "';'. "Federal Securitics" shalI mcan dircct abligatioas oF the U�itcd Statcs af Amcrica and obligations tha �'�x�i;'i���'"���'�,, ����� �' �:K. :s E; �>"`;�;;i,-:a.� .°�`a''�;> -.��„".'-� .�' prinapal of and interest on K+hich are fi�lly guara�tecd by thc Uaitcd States ot Amesica, nos�e nf which permit ?��'`�� "��i��. •� s�; ` • . ' .. ,` �� �r ' .' _ �,:~t. � • � . t' �t.._ :,�- r�;fn?�: ."�� �.; ��;'"'� `i�,��:.t redcmption prior to maturity at thc option of the abligor, and intcrest on o6ligations of the Rcsnlution Funding �,.ys ����tW � '<<' ; i. '.; '.�r:. �'�'� � � .>• � � ;3t:� ,�� ; ' r r i n, rsr:.'�.y 3s <,��,;�� ,� , " �"v L;k , . '1 '1':i�'4` %` ';,': Co pa at'o ��,.._ �, : �. ."�>�; d•:`� :�'J.,�:�'4!,.�k . :,��'' : �,;_i: i�.:;.: % i{7i�j!���( �? ��. f ',; i,,i.�i ' � :'t!: : €' '.le : �'� : �., � �f e:.y`S , : }:. �' �.�,q 9 ' � � �i4,�!'}: '� ��,s;�s =: '.,Ar:�.�;:,��;. ';3:<;,;"�,i �,•'lT;;._ �' "Fiscat Year" shall mcan the period commeneing on October 1 of each year and contiauing to astd ;�`>;�;�;;�?,��:'��� }:, 'h ��� - R) ' y'':'� : i+c . � ' S', ��( �s; � i-" f' � ..I . � �.: � '� � @. � 'l �'F' ;s;;°�x�' �; >:T- .a,:.�o"=, �P.:;� :_+: includ'utg the sur.ceedins Septembtr 34, ar such oihcr annuai period as may bc established by law as [hc Issttcr s � s,� ;�'•; �;ir�. ��'' :i iy.• ,.� .L�� `: T'' .e"T: ,. .i%.� ,. ��-J+•�' �'�: �, a - y,5 �� � }, � ' � - ' (i: rq,-�;,.i- . , i�.�. �.a�, j;-: �s�'`°` `;� ,5:��;:;.;'4�. ,•;;�°� >: t��,,, i fiscal ycar. ��:`�.�; �'�; '�x i�.�`'�� � Tt �'� . � •�'- � �i: c, ��;� . .r,. ��', , i �V ; • ° ' ; ;` � �„xf'��:�sr��`� w' ��)�.5.;,{J "..tf J : i' i?Yr`�? � ' _"',;,:.. ~ i'9' � l Y,L -:�' �s ' .i,� d .i., :�'r:; :v��;' ."`�� �`;;� ''�'"' "Gas 5ystem Manager" sliail mean the Gas 5ystem Manager of ihc City of Clear�vatcr, Flarida. -,,1=��'�,� ,'������ ��.���'�t���e,. � ., ��: , �;-'. - � .`:�.;. . ,:' ',,.. ;,: � � � a�-. , �' ^:3 �r.•�� � r. t°,: z'a. � � .� i{ie������l:s:.t_�'F;�'iSs��; `:�.�:ti.�.f,:.;4'�.+:e:r' ;{'..g_:F�r,'`�;:��41i.ffti��'j�4'•�.i � �, '.C',�-•i-.r.��s�.iir;:�`:;•'r a..`�'.� ft:,'�.;..;,'-r;� w • w � .}:�•�f�i: ' y't,�� aP: i'� ��t.���' , ' 'f �."�":..� � a:� , i .iw: g�i�. ,t � ;;.�t; . r �,. �_,, �:.,.,,. GrosS Revcaucs or Rcvcnucs shFil! mcan all monc s reccivcd from ratc fccs rentals or other �- �-; t•.>> 4t ��: r�' ; ��•F�.'•=�"' } � ;.:� . ,::s '�;���� �'r�'��.P .y•:�f . '�.�„��'� �.t^r.r , y St s .. .�i;�.�i•[::�J'r:�al�l"r� f �M �: �.�=�',;;,;�;.'_.�tai' �'r ,��� _��'',,.,� char�es or income derived frotn [he investment of funds, un3ess othcrwise provi�ed hercin, by tha Issucr or '';�� '-�r �'.'�s� � •�,� 5':�,e,J..i.�.',. � �s,:+',�i�a, ,�i•,"v.�s„w'''r.�.' a� `i. :tj�ti�s,`.-w'�:;:����c������� � t � � ;�T�,r,;�„<<{.; acau�ng to �t in the aperat�an ot the Systtm, all calculated in accorciance rv�th sot�nd accounting pracUCC. :•�R� =T;,.r•����r;�?�,��r,����..f. _ .�n'i_:3 i'r. �4: , `i�..���.�;�"`r':'�'�1�=��"`=!%:e:�fY'�1',;��, , 1 '`� � "Holder of Sonds' or 'Bondho4ders" or any 5imiiar icrm shali mcan any person who shali be the ''�;;� registered owner {"Repstcred Owner") of any repstered 1991 Bond, as shov►� on tha Bond Rcgister. Thc Issucr 4,. � raay deem and treat the person in whose namo any 1991 Bond is registcred as thc abSOlute owncr t6csco�' far t�' � the purpose of receiving payment of, or on account of, the principal or redemplion pricc [hereof and intcrest duc :�.::.� thareon, and far al� othcr purposcs. "Issucr' shalI mcan thc City of Clcarwatcr, Florida. "Ma�dmum 3ond Servicc Rcquiroment" shaiI mean, as of any particuIax date of ca]c�latiaa, tha greatest amaunt of a�regatc Bond Snrtnce Rcguirement [or t�e then cus;cnt or any futusc �'�scal Ycas. "Net Reveaues' sFsall mean Gross Revenues ltss Cost oF Operation and Maintcn�cc, "Ordinance" sha�l mc,aa this ordinancc of the Issucr as 6ereafter amcndcd and suppleraented From time ta Eimt in accor�ance wiih th� provisions hcrcof. "Farticipaacs" shall mcan lhase brokes-dcaless, banks and ott�er finanaaS institutions trom time to time for which DTC holds Boads as securidcs dcpository. "Paying A�ent" shall mean t6c ofiicer of the Tssuer or the bank or trusi campany which thc Issusr may from timc lo time designate to serve as paying agent. B•3 � � � t�� :��; ;�C � . — —. — — a�ra���: ,; : :f ;• �f . � , �e N ..; � i,.�1 ''� � k � ,r. � . ,.� "„� .M J. . .._:�yy�.. , r. . . , . , , . . � . ' , � , kt' ,��,:�2_%'.'`��� x�, �i;'� ,;; � t : � . . •y S4 i �a� "�:i�� �'.Y 4 js :,y,� � t. . .. . !. . F�S�y���/iiyl.� 1'.''? ;:`l f y '� . . �. � � . �! J'. �� 2 � 'f r��.,� � •4 ?:���' , � , . . . � !� �� , . t� .. �� bi' lt. � • i . t d� e . { . �• ti • f � w -1 . �'F ..� `� i . 4 "n. '.l � '..'Y�• 4i^M 1.1. ':l. 'r•5. .� �F', •� '.x . - . � 7 � a- ;�`� !' .i'. �' '•.�.�:��' -�;,�y.y: .<:.t,.. :4r .1'. ':� , •'� , . .. t. r !.q �,.�-, ,� �:: , � �:. � t, � �-�,' as.�'�. r,�.. S . '';•� �'- . ' , ,f �t S � rY' ���� ., t . S 'r . . � . ;y �.7�• � �, , � ,Y� �.: . i ! � ���t_ , � ;�;k ��t.� ��t,; �:.�.i..� �{�f ; T.. ' � 's :; • • , . ' t,�P�,�FeFii� �;i�?�' µ•5w�7•���: +�•i:i ' '�� • . , � ' . - [� '.� �,'. +�`i v ti � .x . a i... . • � � '.9 �4 � r�i�y� � . . �%L".4 •`r� s , •�i�`{�;��'A�( .1�5 �t .4. ; �.t.�i'� �'�� •�° � . .. . ' - �'� . . i i'� iT u .s' . �! . •'a • y . �nl ,i j °i . . 4'.�':.R" � i ���.. . 'i" ° i'�J � r ��: s' '+}if):,.�1`iy��f.���':,s;1t„ .�F!��a. ,t' . . � ,. �^�..�1yi•���z �i�i�J',{;�F°,4i;';iel,:�l`A . . , •i,. i..i`j n . ., `�1���:.,� �,;ir�„ ��:I;�F_k�t] •s- . . � .i . �t�,;iS,��� ttjf'k�}'���v:���t,� :�: -�#' '�5�,�.` . • r'� , ' . . �`15,.St�.���'lt�j'Y�}y,��x� ,�ra , ' - � s 1 '� �.���i 44�"P }I,�:. «" .1 y[~ `' :�1-; , � , • � . . • � , `;��:ti�':i� ����,�;"�:k�j %:; Y ;, . • � ' " ., . �i. . .,t . .;. �?'d:�r�':. ,� �.y1 ; � I:f.,�: . . ' F.` /T� '`A� �yJ. '�•�'r � , , , �rl� •��i:` F"�`�1'� ,'i.' ' ! r� .. ; . . � ' _ > ,TS�� V'•.�',�,�y��: ' �'1 . ` . . . ' �`,{.' `�r,..i� �d,i!i;,'i�A', '1 , ' I l ' ' . . . .. � . V,�„' "'; , . . ' .�>i` .'��lG� �3�,•1. . ! . . , . . � r S' . � . i . , �,i , . . . , i . , , � . • ..s ..� �. . . ' . � � , S � . ' . . . 1 � , . ,, . ' i , � .. . . n. ! ' " , ' i. � . . . �� y , ' ' �' � I ', , r. . . �� � . t 1 ., y. «y . , '.� . , . V `.. : � . . . > ,. � • . , � 1 i; '!,- ,; �;' � � � • ' + � X '.: ;.`' �;:;', �.; _ s "Registered Owaers s6all mcan thosc persons whose names awd addresscs appear oa iho registratiaQ . �- �.. boolcs, at tho poi�nt in timc wbcn repstcrcd owncts�ip is to bc determincd unless a coatrary intent is cicarly ,;;. `V, ;.t;,: �„ .�, _ indicatcd by thc context, maintaincd by the Bond Registrar. , 1 . . , � ,' � ., ' "Rcfundcd Bonds" s�ial! mean the Ciry af Cloarwatcr, Florida, Gas Systcm Revenuc Boads� Series ]983, . ,> �,: . _,'� , . ' dated March 1, 1984. 3. � � ..�1 ..; �(. �;'.� '. ; . • ' - '�� , "Reservc Rcquircment" for each series of Boads shall bc as dettrmined by subscqueat rtsnlutio� nf tht �' `'��j ���.,� �� '` '' Issucr. The Rescrva Rcquiremcnt for the 1991 Bonds shail bc tha lesser of (i) the Maximwm BoQd Service `. ._� `� �. � Req�ircmeat of the i991 Boads, (ii) i25% of ihe avcrage asmual Bond Service Rcquireaient of ti�e 199i Bonds, •. `'`�.��:.','`,'''. :':'�;; ' or (ui} 10% of the aet procccds oF the 1991 Bonds. . „ � ' �'� ..� `_- �'' ,�,: , ���� �� '�'K'.::�. . • ,a �'. •'t"�4�.: :i'..;°,+,�, , ' �: �, {�'`�; �� . �,,; � .; ": "Scrial Bonds" shaIl mean thc Boads of a serics which shall bc stated to mat�rc in annual instalIments. ' ��, . t:.• � ` ' ,:; . �, ��e:�.'�. s ' , ��;. ',y �-��� � "Statc" sl�ali rncan the Statc a[ Florida. , ,Y ,. . � `r•�, .•�� : � �; �.,.1. . . . ' "Systam" sBall mean thc cnmpletc gas system now owned, oparatcd and maintaincd by the Issucr, ' , 5'.1 .,..' . n itio hc to h�r r cons ed or h r an and I asscts un rovemen cxtensions a d add ns t rt cafte truct -.•i:. �'T"� togct c w�th Y � � P � , . ;`';'.. , :. . . , � a .. � . . . �-' ;��: •� •.�' - '�� acquired. �r d[�� S• �>.' � ;ti . . ;��.�.5.. ;''}"' , r�+:�� , r`' � � '': "Tcrm Bonds" shall mcan tbe Bonds of a scrics ali of which shall be sta[ed to matt�re on one date and ,i', t"l' .','�'.,!••�',�'..,, �..I�j,',,�I'�`,'. '`� ��;.:.;.,r : which s4�a11 be subject to retirement by operatipn oC the Band AmorFization Account. .. s;';';�;.', :-:'�: ,,,.:_:. '� .. . ��a: , ;' t �,;+: � . ;. , k ,�; ::�= � ��';,�� �; �` ` Scction 3. FINDiNGS. It is h�reby found, de�ermined and deciared tt�at: "� i ° ;r�r rJr..'i' y ' i . . . Z. ��� �.t� � 3. . "�.'.!�:;� I;'• �� � '• •. . i' (A) The Issuer has prcviously issucd the Rafundcd �onds and cieems iE accessary and in its '.;,. _ ; ' : ,;; •_;, , �_ :;s: �: <;; :;�; '`.:;:- �,'. ..'i; '•.;',.•:: <..;'.� ' best iatnrest to provide far thc refvnding af the Refundsd Bonds. 'ThC rcfunding program i�ercin described will ;;.:;i:'',:;�',;�..; �,,;, ;;;,,; ,, ,;, � t be advantageous to the �ssucr by scducing debt service payastnts owcd by ihe Issuer and by revising certam :. �'� :.: :' t'. . � :...; ` - ' �:.:�;� .; .,.:.,.>;.;, �.-.,�. :.. ...��;.�., r;.',, , tcrms and cavtnants prcviously made for th� bcacfit of the haZders of thc Rcfundcd Bonds, to the advantage of �:_`�•� ;f,. . ,:t�n � ..�, � the Issuer. _�+C:'' ' _,t,r � • - ' ;, , "t +f' �� ��` `; Y,':��•":f�'''1.' . _ .:Y.15� a�• �•:�: .fi:sA{.: �3� r -. �•` ''a:j��r ':"'rtit'" `�` `•' (B) From ihc proceeds of the 1991 Bands and oEher funds available thcrcfor, there shall �e .R' �t' ��7}YN:`r 'Y� •cS;'�P;'_,.�'�iYq'• '��t `.�=:;';'�:;.�` �`�tt^ -}. �, �,:��" "�; ��;� �•� = �F';�. dcposited pursuant ta thc Escrow Dcposii Agrecmeni a sum which, together with the principal and inwmc from '�;. . � ;'�` � : e�:.;,� :a:ti• _ }c.;s,:r,`'.ti..5,.;r,� ,. : ���: +; :,# ,�� r; ,;;; ;,, ;., :s<<��;: , F.;: ,.Y ,,. �:.; SJ the �ederal Securities to be purchased pursuant to such agreeu�ent, will be sufticieat to make timely pa}rmcnts , 9-,�,�j;�,,'.:��.�•,:•�1=,z� »..,,, P Y � P P� P P � Y, P� ' '.5 . ��'�- ' t �,.. • `.a'��s.;,�:,}.'y:."�t,,`=',,;,. _'''�:�.�i�.'k,..',; ,: ,,. of all resentl outstandin rind a! redcm tian remiuru if aa and mtcrest xn res to the Refun cd ur•• � • . �. i, i �': :.: ,.,� ., .,. �i, ., : . 4 ;. ;...� ' �� Bonds / P � P _, ,�u�il,._,. }, �.�^,,, i;,4;,, ,_,; .+;.-:.,:�.,:.�, •,.�. .•,, , as the samc comc duc and or rcdcamable. Such funtis und naci al aad incame from invcstmeats shall � s=a°�� .«::'�<, ..�, �;,, :;�•.f;��`�.�: �;. als� 6c sufficient to pay w�scn due a�I expenscs, 'sF aay, descsibcd in the Escrow Deposit Agxtcmcni. `�,,:...,s-e�=, , ;,. .,>,' >,.,t:,;,:. ' 'a1��`r�..'��1'L�;:;?r :''i�'�i.�F:,,;f,;<'".1,� i;E 1 _41�.. f ;`..�f�.��:r�'�%:�y:�.� �;;�5;',',�'_;;;,�'`'�;:-,V:�}i;;.i�;��,�.�,��,::,,,_�':. � (C) 'Tbe costs associated with such refiunding pro�ram shall be dcemed to incZude legal .�,..,_,.,ry:��,,,.," t-,t..:, � a>_;..tt.�,::, ;;;_ts ��;,� �:';�7���'�;�.� �:�:,�i�k`Y�ti asty�^A,t:��t'� �_`, CJCl]CI7SC5� fiscal expenses, rating agenry fees, expenses for estin�ates nf costs and of revcnucs, accvunting �;��c}"V,t,�:5;:.�a:'%y;;�4,�►'� t��3in.�}.�{�ya�}�J.:k,., cxpenses, muniapal bond insurance nremiums, d in �� pr� rov�sions for re erves and ur,h o her iorenss as �..+ r j �`;%�;� c4 .;r*'- ;�,ti-�r� ^- r• v structur�ug and cnfication, accrucd a d capital� icrest, p , exp L"�`� L� t�;�' x3 -� ,=�i � u``�`���''� `•'�� may bc necessary or incideatai for the 1'inancing herein auC4tiorized. . � , .. . r . , ���,,,p� �.�:-r�rq�,�.,;�rF.riY;�,.�xw�x,..�;.y�, � kj.- . � _'i' .. - . , .- . °��t , �-C1�`�''� . ��,� i;'t��,... :� :L�, � '" ;��.k�; � i: '� • � � .� ,' .��`•i:ftry�".e.�:u��jt.'-�� �' ��d' �:'� i• t �' �'t: � �,��.:.,�4�w • � :w: ' �.�� �� !�i:'�• �? #t�� �r' �''r °'� � . ' =t'`�;K �:i�';r ..�,°r�.�s;.�'�ij:i� ,���g��, .�' , ' . . 's3,' �;I .::tY'r ��,�.fa+}�w �' '�' ��+ i . , ' ' W: r S�:'S��.,��.�jrS��• t{Ai� ���t�•'"v'�� � � c. � � ,��,y�-�r �l t:r.. �t�) �, f � ���,. . � �', �{''��: .1�<%+�.{�,yiii.�l'Y ��i}1.l .� ��.� �=5� �' i• s�, •�� '4 �f ••!'. M'Y. '! �`1 '�J �� i �:.:i "<� Y •i�. • �: � '.. �'�'� i� •, � 4 r, � ' .%.3x. 6 � Yt :: �� Y S Y�I � . � . �. •.!, r..w '�r t � �^ 4 .i . �.1* 'C:�l- t , � ', i�. t ���' a ��° '� ���y, r .Y • r �i I �� I II, �. . � . . >.r ���r���.�.. �t��,-�- .� � _ , � ,3, .t <�ji' ''i��"�,r�w e.�Y�'i' ' ";� i ri..r Yi� � III ,r''� �, ; i - ',� •-� <'r'�%�>.`1�..{ .e `�"w. ':J� � f 5.,} , �� � .� . �� , <. r � R z �4 t 'i �r: t ��. i• I' t�l �+. `t . .'f' � r: .t• � , ti �h V.. � j .r�� i ! `�.,�"" S..e. � .r �. ,. i ';,;;' >�sr'�r�`,t. ( .�"[�:��✓� ►iz 1 �:�'j ,. , , '<< ��l' 1 �..� r�. I, � M '1 . . .i ��.7.� .d..,! r11. �yN w�` I _ y.#' .'Ji.'�,.a�'..� .�� S. 'v ' r ! . � �, _ .ry" • J � � i... ,7 ) � � . . .. . ��7' i _ `.. � `';a � . � n . �;- , ie � :'s,. �`. .4-- � •� � . ` . �,';`����' ��•.�_ .,�; r� � � y.. �-r�r e� t�� r 7 � . � , � . . : �: . �+. 1r .� �.r4�.. . d' � i'. •:t ..(% 1 . . e ��: i ''1 . .�. . `s}'' ii'. d .:'� , t a�� � , rr� . � - '' t' � �S �. . � <a �i��•r•� 1 �• , Y.�.�l,. .,3." �}:Y �'i�`:nd`r t..�.51�t,Y: (.�. ..�'•�id �a ��'�1 1� f � � , .�." f,..,', ,�., 4 � bfy;� � . � � �. . .. . , . . � i r ,, � ;•; „F..,;�,;t�;'?r;�;� !q�. � . . • � ;p �,w., �.. i j. � . . . ' . . . . ij� .f�;- � �4; �4:."�1,���w'�'Rs��4?' a .1� . . , r � : e' a'=' �"� . . � -.t�.s,� �" a� pIxl�.rp��y�4 '� i;` , , .t ,1 . . L. . �i� • r"f� • :�1' 3�. :�����':��i "N� . . , . . . . • ' . r}�� r:i•��[..' ��ti•I•f,�ji �',��::1�. ��:�� y('. .-'Y . i.': 2,1•n_ � �. �"s" ' i . . :i.�� '.'i,� , a�• < . : , . . .:i !,_ - -� "'�'�,:'ts �5,�.�c±5�:j3�"`�''��. . . . , -�i. -�+i , . . . . . �.: �:�} i.�� ' )te,�"U.� �'"�� t , . • , • - ; i, r. ,,1•' ��• `i� �t. i�t�.;�"��t'k a", j` w��.� . . ' r _- .� ,�'!y�SCx!•' �;G 1.'��:,�'�. ` ' ' . r , ' ' ' :��f.?rl� ��i �% t-r w:'4 �(i -1' 1 • � , . • . • . ,•l� �:,:}I`.I:�rr{.sw�:�. � � ' . . ' t� � � �i���7.iqF.:!��f� �. , ' � • , . �,,: ;. �,4.;.�, � . . - �. . " . . . .�f , .. � ' + i,'`�,1� `l . • � i if i!� . ' ��t' �i�`•,ry I , ' �.i' • 1. I . , ' . , , � _ j, � {D) The Revea�es arc aot pledged or encurcbered in any manncr cxcept !or the prior payment from the Net Reveaues of th� QrinciQa! of aad interest on the Rt[undcd fionds, wh4th plcdgc and encumhrance shall bc defeased pursuasit ta the refunding herein auihorixed. (E) The principaI oF and interest on the Bonds and all rcquircd Siaking �und, Rcscrve and othcr paymeats shail bc payable solcly trom thc Nct Revcnucs dcri�cd from thc operadoa of the Systcm� as prorrided hcrein. The Bonds shall not coastitute an indcbtedness, liability, gentral or moral obligatin�, or a pledgo of the faith, crcdit or taxing powor of the Issuer, thc State, or any politicai subdivisiou thereof� within the meaning of suy constitutional, siatutpry or charter provisions. Neithcr the State of Florida, aor any potidcal subdivision thereof� nor ibe Issucr shall be obligated (1) to levy ad valoreni taxes on any praperty to pay tht prinagal of thc Bands! the inierest t�ereon, ar other costs inddeatal ihcrcto or (2) io Qay t�►e sa�c from any other fuads af the Issuor except from the Net Revenues, in the msusacr pro�ided haroin. 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'•¢',�`�''+ii,. k`- � ;��Y�{�. :��,��'4'�..': ':; }':. ,�� �.:���:il,. :7.;_�;;;,�,� k'-a;3 :�4�e:,�Cif'y`',.�;,'�r-;.'�= '_i• -;k���i���s5%::�ak`?'.a�?��i���� �`�s �;'%r::..3�-..,_.... 9 $,. .�dr' : �� � 'i. << . � •,� .F , i �'.v �I r ' i ` ' . k ,t,.; ,.,, ... ..�.......�.....«..+rr.n.�.�wsM•�u�c,UJ� s»�+��.� � �.."�• .'���., . , f`+'~ `�iS ��� .:,,i`A.i�ia':•' + .� , "�a�f , � ,"� � r�. �4} �ii.3•�",� y�� i�{ ... '!'•°iL��{�i.�."..."�t: v.'��:iF.'��'i . . ,�� „�'j'�^�,I-.p�i�.J'r],�',,;1'i:,�i. ; . '� ..r'.��� �•tI��,S�`;��::, '���}�l. ;:4 �•t.f.. . �5�..}��i,._}. �':; : j•' `�. :_�i.��5i�;;:3;.`� �'-'+ � Thc Boads shal� nat coustitute a iien upoa the 5ystcm, or any part thcrwf, or ou any other �;';":"�,:t�;;,�,r�=,�-`�;:,;"�,��,��4'::. . property of t1�e IssUCr, but sba11 constitutc a first and prior iien only oa the Nei Rcvcnucs in thc tnanner pravided hercin. (F) The cstimated Nct Revenues to bc derived fram the operation of tha Systcm will be sufticient to pay all principal af and intcrest on tbe 1991 Boads to bc issucd hercundcr, as thc samc bewme dtic, and to make ali rcq�ired Sinking Fvnd, Rcscrvc and othcr paymcnts rcquircd by this Ordinancc, Sectioa Q. A%iTHORIZAT�N_�F REF'�iNDING. There is heraby authariud tha rcfunding af tlse Aefunded Bonds irs the manncr provided hcrein. Scction 5. THE ORDiNANC� T NSTI In cc�nsidera�ion of the acceptancc of the Bonds authorizcd to be issucd hercundcr by thosc who shall hold the samc fram time lo timc, ihis Qrdinance shall bc deemed tn be and shaIl coastitute a cvntract between the Issuer and such Holders. The covcnants and ageemcnts �ercin set farth to bc performed by thc Issuer sl�all be %r the equaZ beaefit, protection and security oE the legal Holders of an,y and aTl of the Bonds, all oE which shall be of eqaa� raak and wit�out prcfcrcnce, priority or ciistinciion af any of thc Bonds ovcr any othar 4hercof, cxctpt as expressIy provided thescin and hercia. Section 6. .AUTHORIZATI�N �1�1 BONDS. Sub�eci and pursuant to t�ae provisiaas hercaf, obligatians oF the Issucr to be known as "Gas System Revenue Bands, Seri�s 1991^ hercin dcf=ned as the "1991 Bpnds" are authorized to be issued in the a�regatc priacipa! amount of not excceding $9,OOO,QOD. Section 7. DE,SCRIP'I'I�7N OF 1991 B�ND$. Thr,1991 Bonds shall be numbcred c�nseculivdy, fram o�se upward; s4�a41 be in 1be denominaiion af $S,DOd cach or integra4 multip]cs thercof; shall ba dated; shall bear in[crest at a fixcd or tloating rate not cxcceding the zna�dmum rate allowed by 1aw, such interest to be payable semiannualIy on such dates and in suc� years and amQUnts; aad shall cnature in numcrica! osder, lowest numbass first, on such dates and in such years, and in such amounts all as shall be fixed by resolutioa ar ord•.nancc of the IsSUer adoptcci prior to the delivery of the �99I Bonds. Thc 1991 Bonds shall bc issued in fuIly re�stcred form, without coupons; shali bc payable with respcct to principal (and Compnunded Amount in the case of Capitai Appreciation Bonds) upan presentatips� and surrender thereot on the date fixad far maturity ar rcdemption thertaf at the of�ce of thc $ond Registrar; shall bc Qayable ia any cain or currency af t�c LTnitr.d States which at tho t'smo at payment 'ss �egas tender for the payment of public ar �rivatc debts; and shall bcaz interest from such date, but not earlier ihan the date of the 1991 Boads, as is fuced by subscqucnt resoluiion or ardinance nf the Issuer, payablc in accordance with and pursuant to tbe terms of the I991 Bands. . Interest on the 1941 Boncis which are Current lnterest Bonds shail he paid by check or draft mailed to ihe Rtgistered Owners, at tHeir addresses as they appcar oa th� 13ond Register, at tho c�ose of business an the lStls day of the rnozsth {whether os not a busincss day) next proctding tha intcrast pay�r�tnt dato for thc 1991 Bonds (the "Record Date"), irrespective of any transfcr of the 199� Bonds subseqaent to such Recard Date and prinr to such intcrest paymtni date, tsnless iho Issucr shap bc in dcfault in tht paymont af intertst duc o� such interest paymcnt date. In the event of any such default, suciz defau2ted interest shall bc payablc to t�e Rngis- tered Owners at the close of busincss on a spccial record date for ihe paymani nf defaultcd intcrest as established by noticc mai�ed to the persaas in whosa names such 199Z Bonds are regstercd at the close of business on thc fifth (Sth) day preccding ihc date of maiIing. If thc date for paymeat qf the principal of, preini�m, iF any, or interest on the 1991 �oads shall be a Saturday, Sunday, lcgal haliday �r a day on vvhich the bankicsg ►FSStitutians in the s'sty whero the corparato tsust of�ce of thc Paying Agcnt is locatcd are authoriud by law or executivc urdcr to c�ose, then ti�o date for such paymca[ shal! bc Wc nc� succacdipg day which i� not a Saturday; 5unday or iegal holiday or a day on which such banking institudons arc authoriud to close, and payment pn such date shall have tha same forc� and effcct as if mude nn the nou�inal datc of payment. .. •� �. � , ; . �. � � B-S ,':.�;�',: ,� S � ,�'j`S 4, ':f='ar•i :i � ,�;u ��;:,'� E �� �*9:i ; ;;s�yi ��.y i: i f : !'r;,` � ..4 :� r�L� �.,.'�k: ; I � ',�c;� ",ri:_'y f���i .;, = �i�` , 4 � �:i:�;`. °ie{#r�y�t �'���, :l'FJ;t'h`,�;'•j. �"''l `�'�.SkY�4 F.'��,F4J� ,� ' ;;� r � 5:; :`�a, :;� :: f;•i �';lvkl`� n :;'�� i �,:;:,<s},�� t...,��r�: �+''f�:f9..`', •�,�rf. ,-�.. ; +lY ...}'i , _'F t�?'h'• ".yil�..�A�:i `" ; ; {; : �a' °'S ��^�.�.l�,,a: ; f.;•°y .', � i'A�}Y � : y �„Ty': ,...i'r+:' ;:j,,:�:ir�cs: �: i �.,,._; �r: ,�:''`""'"�'�*�.. • ` `. � � , ;�t:,,� � ��� :� � t' � 'i: ;s F�"� ; 1 b' 3 :' i S 3' . f �' + � 7 ��`I• , :T',- ', +�,: • ; i`, � ��4. � : ; �. �� ,7:: s �' #i 4� ' � , r� . � � '3 i: �,i t :; � ,i �4 �i ���. � � � � � . . `�, . , , . . . �. .t. . ..� .•,^�•., -�.�-1,�?;:� � J 3i�R , . � � �. , . . 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'•L...;' _i i,i�,,' �J�.,r •:y', .J' f }�y ^:�Yjr . r ., �. . . _ , l`.%.C,' J'�+`:-`• � ,N :i, � „ , ' ) s`S•' .'i* J� a13 a ,.1.. ��r +1"� �'M.� -*� X.ri�4^ .r�� `,i . � !.. . .. .,f....4' ` .'.�� i j.� �` 1' i� 4L� .M :�'... .�:..�, . r . i •F'�'t•, � a � . ;,,r : + � A'i'e' j . .. �rt�� .F •;� i '�� �3' �.�` 'Y-j+� ' • . . . � . . .. . . , s,,' t -F��' � 1 ,�"i�i,: ,tt,° .3l.;�� �: . . 's� c1'.:,'��;.L:�r .,,., .,�: b:4� �...�s .f�'.� r..};, , , . , '1 - . , � . ��A, I�<,��= c i . . 3'i}. � !�. -�', a. �� er. .'r.r T�-:rO �;i�'F '��� . � . . . '.pl^.� S .M'fk Y+a .F.' .a�� i$ ty'� .#�' 3. .'} .��'� L :f #a [a �•,4'"�v �,T"`h� a'`tf . . . .. . . . . . , , . ._. • .�i :r .L' , �i%h�-f r�.r 1�,. •�' , r"}e .� i i � , . � . � . . ;�e � . '�r�'� �ti, W f:S.�.F;'k �.i';i.t'� S.it�t ,.n • �'�• �4+ r . . I�..�. fi...'� :z. . „ , . . . ' � . I . � , . � � . ; � ... . r t '�!}' i•r � k�.,�;�.>�4'•� �� =1?����''f; S.;F.j��r , a �i . . � . � . . . . . . i.tt .�.`,�T� �..� �i �� ' �'if .(�. �it 'pr'[ .7 , � , . . . . ^,31g.�„ .li1i'}, ;.�t:{�j'.)� '� � 0 itf��}°F��'�'t��l: �.. .'g. ..� ' . ' � . .. . , . . . . . . � . i, ,r .. �. :I" �::�i^ r:-\.'��'f. e}��':�`' ����.�i �l ;s,', Yr.Y:�('�. �a �'o.:jxi.Y,��� ..� a�. ' �.f�, " , � ' . . � . , . �r,.Fs' ;�• � ;:�.k���y.`�,�:�:�^,�,�.�,1,��.a�„ 1` F o i � • . � . � . � . ' , i e,��i'; • �.r� f M t � .,�I�P, � �1 b^ 7� � �+� ) r it .: � �� : � . • ' � .. ' . , ' . . . . . � . < .' • ^��' '`a� � r^7� �. �:� , ';'�..{�jiOS.�: Y;(�;IF,;t��t' ay. . ��. ,'t . .'�' . ' � : ' . . . r ' � � i =, c ' .. , � � .�� �, .,; e � 1 � 9+`t. ,. � � ' �.t.�.iijK!'"°�'I�j. 1,^.e�,� 't ' s � . . � � , . � . . .. � . � l':'� � � �,� ?.pi�' �`�' L� ' � � . � . � , � ' ' . ' . . ° ' ' � • ' ' + � . �. st • ,`L'.i':.•.E`'F� +.lr��: ''I , . . . • . • ' , - ,`,���i.6.' '���N��'�f'��� I r' , . r Y . ' . � ' . . i . � ' .. 'r'' . . .�•'�i :'�i 5!y��.; ',�,-t. ' � .. � � 4 ' . , � . . . • � . ;{/ �.i: . . d . � ' . � , . , . ' � ' r . � ` � ` • P.S .". . ' � � ' ' � . . +.j � . . ' . � . ' � ' - . , , ,'! ;, �� �� ' . . ' ' ' ` '. ` i , . .:i, ,. . . , � . . ��, . . � .� _ � � ' '' . . � � ' � >' .. . . ., . . : 1 : . . , � . . � . . . • � ',�} �� ' •. t . • . �' . •y:Y'. , , � - 'I , ' ,, �I�.�` »�S���d�;,=,�"r'?�,'�'y. : i r • ? '. �""�" -�!":�' � ' ; . � . .... . .. .. _ _.....� _.... _. ..1 ' .°::yy:"" Si,;�;" 1;?�.;."�. �xr ., . . � � , � � . . ,. m+1r 1 ����ai���'�R�1}�'r �� �i 1 . '.';',�5�:�.'.��."J.'�•c���ea'. .E, . .., n . ..�4 ... . ' .. `. ri T ' •i.yJ..1;�����'%1�•t���Ml7;���. . . � .�, 1 .. , i . S .. ,• :..� .��t��.� �"�.n{ iJ�N��l. l; j . S..' t,� I : } . f. �• �,• �•r!l�+t i.ii��r.�$ �S'. �.i � � �� ' _._' ` ' Thc 1991 Bands may bc issued or exchangcd ior 1491 Bonds in coupoa form payable ta bcarcr ia such '.' °','~ `�'��" `'���� i� • � � f :i ' <"ri �'.',': ; 7`.'�•r.��;!�'�.�.Yn�E'. . � ' `'.� • � farm and with such attributes as the Issuer may provide by supplemeatal resolutioas, upon rcceipt of an opinian ,",,"'`;:,;,,,}t. ,;:. ' •�x ... ' � �� � trom a nafsonally recognixed bond counsei that such issuance or cxchange wi11 not cause interest on the 1991 ;,; ��'r,�,, ;'�s;; ��`��.;-`i���; ��:'. -r� � • � , , .�,: ,; t�rfrE=. ' ��'' �� I d r in mt tax ses. ' Y"<�'- �`` �� " �� Boads to be includable in grpss incame of tlse Hnlder for fe c a2 ca ptirpo "., ;�r'.`�:y�.,��,r��;� j„�f'.a�.�° � ' : � "��^''���" ��;rv�:�;���: � t �;z . �� � i Th 992 on s4�all be exccutcd in ihe name af the Icsuer `� '`F'�'����`��'��� .� ` �'.� , � � � � Scclian 8. �XECU'CION OF_$OND$. c 1 � ds ;�3r;;;`�t:;;'�:n,�. ��h ��� �::�x ' �" i or- ommissioncr and attestcd b its Cit Cler and its off"iaaI scal ` ""''' l'�i3�°�f��'�`' �:`�,.�'���t� .�. . :',' . . i by its City Manager, countcrsigncd by cs May C Y Y k. :,�>�< a•.: `�f.ti°'�x � :'fN�° •t •. �r��:s;.�_,�w, r �' �i. �i �-Y.)lf�' • . : . ' ! t t.�.:, y � or a facsimi�e thereaf sh� bc affuccd thercto ar reproduccd thereon. Thc 1991 Boods shail bc approvr.� as to s,�-,..•�3.,,, a,• b.����t..<�,,7^,�;. ' . •-�f'"` , �, , - t .4ii� .'r��t'.c�"ic�� 'it����iy'�i�s!!�f S ' forpn and corrcctncss by the Ciry Attomey of thc Issucs. Thc facsimile siptatures of s►tch officers may be .�.,�,_�. ��� ,�,, •,s;. . _ ' ' . : .s!;;: :.�;,,, t! ,�; ��r F., .�� ��i� .,•, �'.��;: ' ,'�. �. imprinted or reproduccd on tlne 1491 Bonds. Thc Certiticate oE Autbentication of the Boad Regstrar, •ti:f<<,;,?�►;7r�.'�i'i:Ei!i'r.,N-���x:�� � �� ' ' 491 Bonds and ao 1991 Bond shalI be valid oc ob�igatory for any ��• r: ,.: >:. � � s� x � �; - . .. � � � ` ° � hcreinai'ter dcscrtbed, shaU appcar or� thc � , �, 5,,;, � `. `r ;,, I;:�.F�;"�``��� ,�`�� . �' �"'.��: ,.''`..�;,;.`,,.,.,� �' ;� �ur�ase oc be cat'stled to s�y sectu'sty os bcaefit undcr S.4iis Ordinancc unlcss such r..ertisicatc shal} �ave bten duSy i:�,; '>}:.'�, >. ��x��� '•�� *� : �� " `` ' The avthorized si atur for tr h [ al! ' �• ���� � :1�., '.;�,.ti�,<`.' , F.,,'; ,, cxecutcd on such 199I Bond. gn c thc Bood Fiegis ar shall a times bc a manua! ��'���..;,����;.�°��;���;�;�� ,��} � '���� ;:x: ,_ '` si�nature. In easo any aiiicer whose s9gnature shall appcar oQ any 1991 Bonds sbali cease to bc such aEficer :.�.,; ,.':�y3��tz��fi`�. �# �i•���' .i�, ' ,�'1`� ' � � . beforc the delivc of surL Bon such si aturc or farsimile shal! ncvcrthclass be valid and sutfiaent far all r�"�• „ , j�.�'��''�='� t • 'G' s�.;a�.:n.�t. {� , t,�,.4 5;;�.. ; .'�', 'c ^ . . , : ry �` � ,t..i�' r�:i�:�1,i � ;.' � � '� � �'� ;; ',.=: ti; ��'• '� ,�.; purposcs tha aamc as if h� bad remained in affice until such delivery. Any 1991 Bonds may be signed and sealcd :Yt�,�,���� �� �-� ����� �`. � • �.i . •y "'�Y��, �" ��� :;s�, ,' ��; ��'• nn bchalf nf the ]ssuer by such �erson who at thc actual time oE tho executioa o[ such Boncis shail hold the ?�4;w,�.,;:, �,,��7;;�'���t.rr�,�r,�- � . ^f''�s;�'�. �`�zF, • i.'����' � proper offscc wit6 tbe Issuer, although at the date af enactment of this Ordinance such person may nat have ':�„��:,,�3;�,;y�� ,��.;i���;� '��: 1 ,: � � � . ' � ,• ,.., :,�;g-. .•� c:-, �.�.�;. :� U��� �. �'� �. ,� � , tse1d such o[ficc os may npt l�avo bcen so auchnri�.ed. 1:,:;=;.:,�,7r•�,,,t�':�r, '�.. � 5�',� � .'„� .� ,��y.i �i.. � .`�{i� � "���`�}Fd��,y�)tl.,� w � 'Y•��� s'�r�. ,. I`�t`:.E':>-;:;i,�nnS-�P'tr�:� k,.s�� !�J a ','"� ,� • 5 r Scction 9. TIAB T.ITY AND RE I TRATI N. A. NEGQTTAB1i.iI`Y. The 1991 �oads shal! �';-`: ��:�,' ��h^'r�."-';�,�' �:�y.�'��•'s��,� -i i,i•` � '� �f:•_'.•. . m ci I '�•.°r�;,�-;'���".::.... t"' �,,�#�> �' �, ,.��` ' bc and shall have all of the qualities and incidents of negotiablo instrumeats nnder tF�e Uniform Co mcr a i,; �.;;s.: �. ��. ;.:�.� �..�"����`' ���; �. �� '.�,•'..� '� `;'��; � Codo - Ynvestment Securitics of the Statc of Fforida, and each succcssivc Holdcr, in acccpting any of thc 1991 =:�s��;:3;E;.��u;�,���;t'�:."*:"`� ..`}f��"" ''}r` �=Y�� ���` Bonds shall bc conclusivclV dcemed to have af1reed that such Bands shall bc nnd havc ull ofthe ualitics and �'''Y'`�L`:'��� r'�"'�;�€4����``�`:��` a , , ;�� •R; ;�,�. , J C' � '%s..e '-r .Fr.�f, c. �+: �V�r�,�• '' �''"� i den of n o ia 1e in iruments under the Uniform Comrnercial Code ]nvestmcnt Secnritits of the State of ''' ��'��' �:��t;����'�; ��''�":a�l����'� ' " Y '-e . � � W1 .. ' `, ` nci ts cg t' b s i • ; r. � � s'�..�'��..'=;"r `�r.4..� . i -.'r., i7�•; .":t:`�,.,; :' 'i �1t; • 1 j!>-r•. - >. r �'�"' � ��i; �`�'r`: �/ ��•� �'s,.- ;� Fforida. �(%;��•;.�:i.j�'y.ii��:1�t .�,�r {,ML ��:;%•4i i=�` ��1�,,. � y��: � �i.t�.�.1y';;�v'��l��f�f�� �'�f".�.��.. rr� ��':i ;�.� �•S � ,.��.t', f:V� ;,�•.`. '.'l. , "..}.! �i....� , . �*i. `��i�� ,��F . �� ��� B, REGISTRATION AND TRAI�iSFEit. There sl�a!! be a Bnnd Rc stcar ior l�c 1491 Baads - Y�' i� �5" 'E'� ����`'-��, � ;�T ,Mt ,ej: .� ,' ,�� � ^�i.'...:s::�;;0��.'.'f,�'1y�a:•:��e.r- y�� 5 ' •1= .. �;T`�; r:- � it"_i'i {,t�:�w„r`=%l«�.�,} � .'1{,I, �r' �`,1 ` !.�':Y .;r:,:��.�fa.,. ����;', ,,:':s��.'�."�� =,�:s f•;',i';'r�.� � which shaIl he a banlc or trust compaQy locatcd withiu nr without the State of �7onda, The Bond Rc trar "' ;-, ,,-.,s;.s:}�.�,, ,r:.i",j. ,�; �`i�,:y � -��.-��,.,s.� ;, :,- �� -��� `'' ���'�,; -� �"1 :'�;:. �'� shall maiz�tain thc registration books af the Issuer and be respo�tsiblc for ihe transtcr s�nd exchange af tht 1991 `" -�� •� �;�• �;:,��;t,�r.,;, .° ��"�.� f �rF , •`�� B d h u h5 ri r h r sCd date o[ deGvc of the 1991 Bonds b resolniion dcs' atc the �s .�'�' z,3 �i^�� r'Y : tk�;s�f `° .+ �;;::+ 'r.� �y;�:-:�.� :�_� on s. T e Iss cr s aU, p o ta t c p opn ry � Y � 4,:. 'Y�f,�:�;,•;�•,:tit��;��,f�:a�:r�;'. ?: � ';��= bank to acrvc as a Band Re(��'trar and Pa{ry�(� A(�caL The Bond Re strar shal! m�inttin the books for t�e _,:,� . �; ' v'1 �ii �i..,..�I�i i�.i;� ~'�- �.�° L�� � :� CT" J'�'O O � js�..`: �t�' i: tr!t i'; jj..�':. ,'.y � . . ` � ' � �' � iy"�"e: � }' "4;�� � ;`,�': �' •`��' ' � #� rcgstration of thc transfcr and raschange oF the Bo ds iu o p ce g' ;�; � ': -� # ��'- � ° �';� ;� ��;�r•• •ti n c m tian with an a tcment to bt enecutcd between �, '.� �' ', _- . ;1" ' ''': - "5` . �.�-,. .f ^� I � ,'. _.. 4i-'r �". ��• s ���Jy: "�1�•„�' �:`� `:� �'-�_: -'�'�'" � the Issucr and such bank As Bond Re trar on or rior to thc datc of doiive of thc 199� Bonds� SVw• !�•~!�� P��4iv t' �� '~� � '' ` a � A rY 1 ` ;r�:-'{.� 1•�i's; ='�` +.,�' �.,: ( �; . �:.i`• '!d . ;,�:•M14• e. • : t� � � 5 S : -I�:e,+; �.�r•'',��-;` ! K•�i� �:., � ��,�. �-' '::e�t: .f'' a'�" agrcement shall set torth in de[aii t�c duties, rights as�d responsiblities of t�se parties tharcta. ,>�r,:•Y,.s.,�i,:�<,,_,�.; ..i��:i.�;`F_`'f` �• ;'- ;i �' � �_ '• � j.. � '',• L . �..=7 , j� a`�i?r15'i.Ji��=�:'�.�, �.ir! ;'r�,if° '! e'' �r+...�;i?�"��'.:� � J�;i•ii•••. 1'a; `j� ''f` ��' :' � :�:`; �.7`fJti�.�'�i'�4,Ss. �;, •�'�'4i�' r'r'k � r�ti %` x�, ``' ';,: ��i The 1941 Bonds may be transftrrcd upon tht rcgistration book5 upon dclive to ihe Reg�sirar to cther '• •�; ,3;r,x� ��:� _.. :�;�.�:i =.r c:nL•.� �`�..,;,..e ''�'"''� `< , �Y , B . ,,;tr�.>:c �i:it.�.y.. a, 7 .r�•, .. ,.;.? � �,' ','� �' ,''', � #': w s�;�; ,y,:t�.,,�:.-�9� ,;:.;, 1�.�' thc cial uuri or � r�.�i�� ! �•4•��R��i'.4.,•,4,. .� . t�t.i, �^� ���r,,,,,�:4�;��� ;,..s..,, .�,, ;,;�,',:.:.:�� with written iastructions as to ihc dctai�s for thc transfer of such.1991 Boads, aloag witb sa s ry -;�:�M;+,si.�,r;,f.:::� y:;':����g,;,;�,. � .: f-r: �� �. s= �.•{•• fcderal cm 10 er ideatifiratian numbcr of such transferee and, if such trans[crea u a trust, thc name and social �� s.,, ,� -;; ,� , �,,� ._, t�:. - i t ��;,�.';' .-'- ► ,,, .►•. • .� P Y :� . .a�.:,�:r_, 4',�=:;;.t>., ':!:e,:S..� �.��. ;e.`+1.�� �_i � ti, <i ..l, . .y�'•i�:� , ',: -:,� �:'; ;.,; �:i;:�, •�_.;,- _��; ��;' �.�: ��j sccurity pr federal employer identilication aumbcrs of the sell�or and bcucficiarics pf tbc trust, tho date of thc ;;;:v_t°.::se,,:•:.:��a�sar-�}�;,�,,�,��:- 1. r�_� 5��^ ,.{�.'-"3,1 .�;,,. ' ' ..a-:..�:1"s�a,�E �:fi; {°^ r: �,.r' .�Y.••. J'�' : i`.. `f" �1.• �1�� �`�_�` � � t,�y. �. � j. i ,w:�,ti <;:: :� �;•Es�; `� '� ' s i trtsst and the namn of t6e trusiee. No transfer of an� 1991 Bond shall be cffcctivc until eatered oa thc �R �,��•::-�, �a..��.'•,�;,, ,sl,� . ';�' %� ,�d,t�,w �..�I - . � . z•:. •.. .. �F� . ��y „� :,'.. .'��. �� J'. {,. .,6., L �: .'�' r��� �:, i R r �a ��' �.. s• r , J�. � `"' . i:u�'=::'�... �;� �; � :, . . `' ; �'��, ..:.: ,',, reg'sstration books maiataisud by t4se egist ar. � .�� ';;` t:��,�,:�;�: ' � . �. ,_ :�':�'',. �n all cases of the transfer of the 1991 Bonds, thc Regiscrar shall entcr the transfer of awnerstuQ in tEic rc�istratioa baoks and shaA sutbeati�;ate and deliver in thc name of the transferee or traasferees a ncw fully registcred 1941 Bond or ].991 F3onds of authorizcd depominativns af the same maturity aad interest rale for the a�gregatc principal amo�nt which the Rcgstercd Ownar is entitled tq rcceive at tht earliest pructicablc tima in accordance wich the provisions of this Ordinance. Any I991 Bond ar Bands shali be exchangesble for a 1491 Bond or Bonds of the sarne maturity and intcrest ratG, in any authoriud denominatioa, but in a principal amottnt equal to the unpaid Principal amount of khe 199I Bund or Bonds presented for exchanga Hands !o bc exchanged shali tx surrendered at t�e principa! at'�cc af the Rsgistras, assd the Rsgists3r sbal! dolivor in cxchange t6crtfor the 1991 Bond or Bonds which thc Bandhnlder making ihe exrhaugc s�all be �ntidcd to roceivo. The Issuor or thc Regstrar may chargc thc Rcgistered Owner of such 1991 Bonc# for every such transfer or e�tchapge an amount stifficient to rtimbussc Chem for their raasona5le fccs and far any tax, fcc, ar other govemmcntal chargc requircd to bc paid with respect to such transfer or e�cchange, and may rtquire that such chargc be paid before any such aew 1991 Bond shall be cielivered. B-6 � F:.'•: :' r, :'. ;n.u; . .....��G 'i . 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I• .^f'.vT•.t:.:�l.•r5�'�aY.�11l.fY-y-1%I�37�iiLl.�9Ciii/l�ii�,. �, r�...-Y.Y.�;�Y^ �. � • ' � • . . 9p 's':; ��;x^... z' J ' ' 1 �y ` , , } , '.•r.'``. 'l;r�,:' ,Y��:�;. '°;:"� �.�;�� . -t: �'r.`.;;.�.,.t�''. •, i�.tiH�'•... . , .•}, . . ` y r � � r . t4.'. °. ` � � 1 . ' . , � '., , y.f^';,t'�';�.�aw r. w .e^ •i.c �:.�.,, �« s�f� �y.i ��r�,� '`.�:. • . ' ' ..j �'. i2�`::;�:Y:•sat:E','. �t . . ' '.3 ., " : . .. ' `�t 3tisr�,�iT''.Ks,�����;� �' 6� � � � �':'•'�.. ,' ��*,''�il:S�j:4:�YSJ��:` ..T ; ry ;�,�� ' ' r � + �.� iir;),i 2 ' ' � � � S'• - � ' � 1 �, Y;�;�'�'v�;j, `y�w}vs,ii��xr.: ° i: � B de(ivercd upon ranster or exchango shull bca,r i�ntescst [rom such datc t�at ncithcr aun �'� �°��1'�'''�' '' ��`t' ,x': A111991 onds t g �:".�s:�a}>> ���ut;;::���-�t . ' � . . } ; � _ ,F, �, � r tcr st tsall result from the transfcr or cxchan c. `'r::., .�._..�t� ,��.. , , ��7��; no loss in ia e s �,� z, ��;,;., ?•r . . . s r: , .. .., � ��},,,.;,•,�.�,,� ��v��'���"R��yr`� . . � �• �':; � '�'`"'{y�x �';,�.x,1:�'"y:•�, . .�-s �, ; ' ' ' ' :: i.,` i �;� ;x��` i1�: � : �-•. � :-.,; :��,.�:,�". � .`;� ` - � . " � All 199i Bonds preseatcd for transfer, cxchange, redemptian or pay�ucnt (sf sa re.qu'sred by the Issues), . �., ��., �j�,1 ;��;�,��,��x ��'' �. � shap bc accompanicd by a written instrumcnt or uutrumcats af traasfsr ar authorization far cxchangc, in foruti '.'�;�'�:4, `�T�� �;{i;�;���',`�:�• +� , ' .,: �' ''- " . and wit3� guaranty af si�ature satisiactory ta thc Iss�cr and khc Rcgstrar duIy executed by tha Rcgistered ;�� f�;�;�.�x�;-�.;��,`����;'���� �. :� r;. � , � ': �' Owner or b his dul authorizcd attarne z,� '��'� � '" `r ��� _ � . �, Y Y Y• �„.�f;;_�;;����.h�" �.: �' . �,.,�.. �,�' 1 i . . � .• .�a . .. {�: ^!�"i4k��"�'�ry'�y �..r M �. , � �s �° ',' �` ° • Sec�san �0. A TI TE YED T LE R T. Ifl case any Bond Shall :s4,:t;%;�.;;�'`''�;�``"�•`4� �'y . # ���.:�'�'� �::�>, �� I F.;':�: tij,.,.';•�. :�,.�� ,� f���e k a�'..r �'i , :`�.,a.. ;: -.. ,� ..,: �,,.,-......, becomc mutilatcd, or bc destroycd, stalcn or lost, the Issuer inay in its discrction issuc and de�iver a new Bond �, ti,. �����.- �; �.�:i;���s:�� ����� � »��'� ���'; ��.:.. � -..�; '' � of like tenar as the Bond so snuWated, dcstraycd, stolcn or lost, ia cxchangc assd substitution for such mutilatcd �,r.,.�,�`�;; � F�, �`' -���- '��;. �� '� ' SQnd upan surrender and casic.eilation of surh muti3ated Bond or in lic� of and substitution for the Bond :�_���`�T;�;;�?���`�>,'���� ,�'Yj� `,i.:;.':' ,' S�:,�t1T,.z-i Ffi�"� ° � � desiro ed sto2en or lost and u a the HoZdtr furnishin tf�e Issucr rooF of �is ownershi thereof and satisfac- � ��•.. •"������'"�� � :, , . ;.-�' , . . , . , Y � � Pd � P P .�,:;�r:,�:��s�s ���:.��'r ��� 'r '�` ''"��;�_�: �" �;ti, , tory indemnity and compFying with stich otber reasanable regulatioas and coaditions as ihe Issuer may prescribc ;„�,r������� *�`.�r'�: "�;: ��: ',.f . �" t�nd gaying such expense5 as thc Yssuer may intu�. AI! Boads so surressdased s4�al1 bc canccilr,d b tbc Rcgi,stras �=�'��`� w;; ��1. t� ' �^' � �` �' �?h =�r �, '�`' ;�� . �,.:r • "- , T-�'�;:����� '' � � for thc $nnds. If any of thc Bonds shall hava matured ar bc about to matura, iwstcad of issuin�; a subsGtuit '''i;;;; x,t,••;' �'�;�b ��f�:��-�.'� . � ° ' � �sr'��� ; � :'� �, ,�,.�.'4,; �s�`� ��'�':•`:F.�.'�1'� ., Boad, tho Issuer may pay thc samc, upan b�ing indcmnificd as aCoresaid, and if such Bnnds be lost, stolcn or �+�� ;��L�r��tf�&�,�,��'`` � ,;� �'� ,'i�i'' '��•�=�'�:-���."�"` ;. destroyed, wiihaut swrcnder tbercnf. '���t5���t�������� . - ' S: - �.1 ' � � ='i. .�': • �'T;).•� : ' •� ` • x i�µ�. ,I• d.�. ��. �,'}� � F ,.�,�� ;'i.: ;;�-; :�>'+ '';:l ��'� Any such duplicate Bonds issue� pursuant to t.his section shall canstitute origi,nal, adciidonal coptractual '�:`}";,��}�,��;,�`��;�'�.��;;ti+:�-'��'• .. r ' � �.''"�. :^�a•�4 ..� . H�,.{�x. ^ y: � �+' _��� �� °- �'': �. �' , obli ations oa the art of the Issucr whathcr or not thc los stotan or destra cd Boads be at an ticue found b -, � rr �:��•-�n .,� �,", � . .��'�:: , : g P � Y 5' Y .� � �` �t�•�; r,. , � �,,. ' � '` • , ,; - - '.'i-•3�;"r� �i�. �'7.� . 1:=,�� ' 1�' �`:'�=s �=a�':';, .�� .':,-� ���`:,;�; : anyonc, and such dupLcatc Bonds shall be cutiticd ta oqual and proportionaie benefts and rights as to Iiea on : i..,,��._;,; .� -�:. ,r ,� ;�r� � • �iY•� ''j ����.•C� ':3,i•�+.'; - ' s"�' ��v� �r .�;%, ��f; _. ,,,�';`?� �:�,;; �, ..},r. � tisc soutscc and sccnrity for payment from ti�c funds, as trcreinaftcr plcdgcd, to thc same exteAt as all ot3�er Bonds .?�-`1s��a.;# r;;����'S:+�yg;��:� ; ',� 1. {� `�~,'.: •�r ti ,5'+t 1 S �i�C.� ilC.i�.'VIi�P.�. "'� f�;+:4� ��� WT��� L��. : � ' : ` i `" "� �'. tJ� •_ . °x..�"�'.'�,. ���� ,�.,�f�� j' '•F ''o�''.�`�.���r.; � '�; . . k..:,�..;�1� �7K • 'f.a f".� 'z �" %�; ::,:'�, . E;�" S�CTSOI�i ]1. BOC3K ENT�tY SY5'C�M. iVatwitl�standiag tne pro�sians of Scctions 9 aad 10 hcrcoi, '•',�;-'►�:.��_?�?;",�?� ;��k ��� ,�," w ;•� s:, s�;;'�' t ���,';.�t.'� n .�;�'� ��-' '!',, -:�``�.' tlie 1991 Bonds may, if so provided by subsequent resoIution of thc issucr, be initially issued in the farm of a '��f:;; s';s:: ����.�,.J;.'+�`i: `'� �'��;�° ;;f'�" �� °�: �'!`�r����-�'� ' se arate s�n e certilicated full rcgisfcrcd l991 Bond for ca�h ot' the nnaturitics uC such 1991 Bonds. In such '_ `°`'"��;,°rE�:' �:q?�:°;t;;��!"_4 �'„ .,.,. ,�t. P t� Y .�. �'_'? ��° _;� :°'�`��P ''�`'�''' ci an he wnc shi f each s�sch I941 Bond shall be re tcrcd in tbe re tratio books �: `i��"° .:���si'� Y�� K'�' � ` `•';5.�, ..•: :�....,»..:' case uQan iai al issu ce, t o s p o gs �s n .s,.`= f}�.� ,, r- :�`��i' '�t'',' . - ,Jf• ... ` .: t r�'y 'iiSy:'ctr?,!��� Y '•�:�.;' � " - %�:�.,..�,.. �� �� .;°; '.' .'! ,o,�. ;. kcpt by thc Boud Rcgisuar in thc namc of Ctde a5 nominCe of DTC. f;;�:;':=,.�'�� ,,� c,..,. f,�'��, �� �;i,: ;1 " .i,, i'�•ir : Y',� ,`� r ,=as �,a.,,,.t. �•`.�,,�t,�.., fi .f t;k� •k: ;�j �. 'Y. . ^., , i�, j�,,;�•s'K �, _ rr: ..!-`. 3':1:.��',`5.,: ''�r ch:�. .t�:� '.�;i�r� ✓• <%•*,::•"'� ' ` ,.d i� - �c: ' i l�_� v , ��ii;��.��7k•:� n'n��(,� �:�: .�;a`t� ,. �r'r;° i��� �> � '�a With res�ect to 1991 Bouds cc�istered in lhe rc�istrat'son boo]:s kcpt by thc Bond Registraz isi thn namc �� !'.,: ;.;,r� t�°.,:� :w'`>'�- A� .�:al'.� �� �it; `: ���' ` • �• ,:,7'.�.r^er ����w:��r.'i++ '" :'�s�7 a S 13.[ � � i,.� �. . Fs}';•., �s`�;' � �� •.�: ���_� � d f T I u r h B nd Rc t�ar aad the Pa R A eat shail have no res nsibili ��"'_� : °r'" ;c"� u,r ,,s ,,� :,�,. ';'''>'.�' �: "' :::�'� of Ce e, as nominee o D C, thc ss e, t c a b'�S Yr 8 8 F� �3' �.:; : F; :,•�. w,. ; �r•' ''" " '_- a:..�: �,�':i:"'s,: �. l' � `.t � £ ��"l'�1•,i^;�� _�: ",-' • i•Ji; . ��:,�•.��' y ='�F• `.�'rfaY, s.,: .. �� . or obli aiifln ta an sUCh Partici ant or to an indircct artici ant. Without limitin the imraediatel reced� �..�r�;r:. � i; �:s,���;-r�±�, '�� ;::� ;; ;- ',:t�,;.�.s:, r Y� � Y A Y P F � YP 5 ,� !; �€"�' , ' � �'�1�' �• �.;�,:,�w3' '�,�;�:' ". ' n ncc thc T er th � nd Re[��traz and ihe Pa{ry� Aryeat shall have nQ sesnans'sbili os ablsgai'sors with '"`' ,��°:=�''t`�:���*R°'•� = r�` eJ�, SC CG SSU C Q • ti �'�i�.3�i�"+= �' r:�, . . �� i -�.. �.° °'�:�1;• T f lY'� 3"_� tl Y � :1'' ^�'�.�FSS! ''�i` ^`..`1�' �i..Y� .S. � �5' t i ;; "� , r:.. s. i' r"••y - c f, '�� i'r�; ;+ A�� a��• '��."' '�'��'• �� F-� � i respect to (i) tbe acc�racy of the records of DTC Cede or any Partidpanc with respect to any ownership interese �'� k�; -� ,,�: `?� h; �:*� �'L r �� ,y�.,jt.i .:;_''�'�. � �. ;��,,,•-:.',�.;•;'-'.''� � i ' ': ;� ••i- ....a..� �`i�,.� '�;�'"• �;•• ' rt'p `�� s,%f' :;� '.y ;��'�;, in thG I991 Bonds u the cielivc to an Partici ant or any othcr persan other tha� a Rcgistercd Qwner, as �,�'��__'•;�"'�•:i;;`ir� ,f ���_' °� � '-`�:- � 5�. ���; t''.�.; t-. � �..) rY Y P . ; L.:;��; <Y �# a�i �: .. � t � �r .9ii�tP��-y'��t.• 7}..,F: '.�,.f• it:.t�.'i:���yr.�.e� t. �,:�:�x�,�:�;�.;r��?,:���;,`� ct'•;.•..�:lht°,.'j��.�`�� shown in the registration hooks ke�t by the Boad Re�suar, af any notice with resgcct t� the 194]. �ands, °f�I.�.�,'3•'1y.: 4� ;�.*;��3��, '%?�, c.'"''i-'a�r:f''� .. . :s'„���::.i • .a,,.,;., inciuding any notice of redeznptioa, or {ui} the payment to any Pasticipant ar any pthcr person, other than a ':: �,°r:,: : Registertd Owncr, as shown in the registration baoks kept by thc �ond Rcg�strar, of any amaunt with respcct ;;�',i`!„ to principal of, premium, if as�y, or utterest on the 1991 �onds. The Issucr, the Boad Registrar and the Paying S,�%= ;' �:��' Agant may treat and consider the person in whose aame cach 199I Rond is repistcred in thr. ragisusGoa books '.''� �s�'.� kcpt by ths Bond Registras a:'. tl�e Holdcr and absolute owncr pf such i99k Bond for thc purposc oE payment :_; ;1;�;} of sYnci al rcdem tinn remium, if an and intcresi with res ct to such 1491 �on for thc st of ^`'`'" �� .:;���r nopccs af redcm taos� and othcr mattcrs with res cct to such 1991 Bond for the u dse ot're � ter�'u� iraa fers '�'"``�`�'' P P � P � � B : ' �s� with resp�ct to such 1991 Bond, assd i'or aI! ntl�es purpases wltatsocv�r. Ti�c Paying Agent sbail pay sli princi- ``���'�"� "• �"r � � pal af, rcdtmp[ion prcmium, if any, �nd 'xntcrest on the 1991 Bonds oaiy to or upon the order pf tl�� respeUive �"� ;u=;;zj Registcrcd Owncrs, as shown in the rcgstration books kept by the Aond Registrar, or thcir respeUive atior- ?y:4`.���; neys duly authorized in �xriting, as providcd hcsesss asid aS{ sucis payments shal! be �a�id and cfi'ective to fui�y �' ��`�� �� .;k�_„�;ra. satis[y and dischargc the lssucr's obligatipns with respcu to paymcnt of prinapai of, premiam, if any, aad interest '� �'�����;. on ihc 1991 Bonds to the extent of the sum or sums so paid. No person ather than a Rcgistcrcd awncr, as �t����;'�;S shown in the regastratinn �oks kept by the Bnnd Regstrar, shal! rccsive a certi�'scatcd 1991 Flond �vidcncing t�c ;�r�=� obligation af tha Yssuer to make payaieats af priQaAal, premium, if any, and inttrest pursuant to the provisions �. ��'� l�ereof. Upon dclivery by DTC to the ]ssucr af writiea noticc ta the aifcct that DTC has determined to ��t� substitute a acw nomince m glacc of Cedc, and �ubject to the Qro�inns hcreun with rrspcci to lZerasd D�tes, �'' ti _ .. _ . .�, � ti ! 3 � B-7 � o ', r� i , � � � :i � ,; )� .� , � ._ ; �, � ,F;� � .,, � ;,:. � ,' �j . �. ;� �' ,•F � ;+ , c � ;i � .i,.F•A•''�:'3'! `•�;�' . . ..�,, .:s. , � . � . . .. . . , � . ' . � ' , ' � 7 . . . . . . , . ._'. . _...... _t. -_ r . . • . � �w' , ..�.� . '�t?•4�i�.�•y;trie•:vrk�� •,yJ�• 'Y'• f •��:I } • ' . •,.� � t t i ,"�� �.Y 4iJ� ' r� -��^ , � n ' � � � . `� t• .� � Y����l •}!r r�:tiY�A�'41,F..� �l1`�x" „3i����lj.,.p.+,,� . .y,.j �} • , ' ' � ' . . . . .. c.�', 'ii. ' r. ;��.. ,_�..' .' �'.1 ..�.�. 4d`�y,'': r'sr� �i+ti �! .ec,;.:e�;., ��.�''�i yN ' ' •j;.. 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' , ' . � � . .. f , " � • '�k��.';+� - ' ,� . I , t . . , �, .. ' . , . � . r � . .. . . , . .' - ' ' , ., . . � ' � ��� ' • � , ' 1 r • , • ' �r , ,�:16`. . ' '�..f.. � � _' �'/ ' '. i. . ' `:. � . { �... _ . .. .. ... "'..�........._ .. . . " ._....J....-.-�..�_ ' ' t.:L.'li}�.�I� . .yS��':��11'�� 1 . `� . ' I � "�. .j,'�,,.7 }i:.�„''yy, .v; �. � t . � ' f Y% f. .,.... .. .. � .f`, . . � � . . � � � k. .,'.: �.•'�-. ��•.�3� `j����f�-' � , f ' 4 •r,: { ; ti �` .• �, f�. . I I� '.' ', w sFa � j, �"� eti '�: y. , S> . �'-.:`.!:�i.�.'f. �•.:�,L.•�'.i��`'t.r.r�� I � � '' ' � ' - ; e ',= i':�,,';.1?;��� �;i."'yt � , ... ,�: ; ,. .., ����:�� `~��'�;����.`�.ra�K�����;�. `'��I •.• �' � thc word "Ccdc" in this Ordinancc shall rcfcr to such new anminee of DTC; and upon rucipt of such a notice �� ?$�`�;n,'!.�;;, :; �;i; :�-��?A;': f�„_ J` "4.A �'� ;: .;��� . thc Issuer shalt promptly de�ivcr a copy of thc samc to the �aad Rcgislrar ying Ag .t',; ;-'�4'`�i� t''�,�:'���};;.:p„r�i :''}:. and thc Pa ent. ,f '��•- << y, s : , � , . . �,.,.T';.v-r�11.�,.b+• � � ' ,5.Y1':;'v:''?:�''.'4�}'y'r,.c,;GtEfiS�'�',, . ., * , r,' ` �'' �yr� �,:; .� 1, a �.� m M1 ± ��� '' � � r'< Upon receipt by the Issuer af writtea notice Gom DTC {i) to the eficct that DTC has rcccived written '` a'� :_. �: �;; �t�`Ik i�4+���`:- •l �e' � ; I� . ` .� �.v'%. �i: F �""F,ti^� {M���•S" 4*E'f.. W f..,. 1' i ry wn c rccor nf DT in an apgcgate =<�':':;�r:�'_: �;..,° ',� ' '. �: noticc fra� the Issuer or frow Partiapaats baving intcrests, as sk�o in th ds C, ,,.., .,�is=�, . k�t�r�� �s �;t��'.=, : `�`•'`� '� �'�� { �.t prinapaI amount of not css th t�' Pe i°10) aggxcg,a e p cipal amount of the then autstanding `si<`�i" �., ,�:a� '•�• ; ' � ! an fif rcent 50 of thc t rin ,. f,� ..�•�, �+ ��X.,::, :6� '�� � . .r'�..•r � �..1 !1'. � '`'� �ir ,.�'j.i � 1491 Bands to the effect that a continuation of the requiremcnt that all of the outstanding 1991 Bonds bc ' S�;;r,N� ~�fr';<<^�w� f. �?�-��a;3 ;.` � � �''��s� ;;';:;`,;.;��: 't:i �� : • registered ia the rcgistsation books kept by lhe Bond Registrar ia iho nama of Cede, as nomince af DTC, ia not ?,��.}b��'�a; � i; =a„�,f��;��f� ,r � ��.�*I;M � , in the best interest of thc beneGcial owncrs oE the 1991 Bands or (ii) to the effect that DTC u unable or �,��,�'t.;r:��►^?,,l�.` ��=�F�,.,�t.���„�. + ,: �:.��� ,`'r.. ':�,;' ;: �'. �;`r?'�A �!�;� ' unwiiling to discharge its respoasibilitics and no Substitute depository wiIiing to undcciaka tht ftcactians oiDTC -�;,a.:Y'., �. �....;��'y � s�� ��,� , , �a, °==x�r�...�..� �-�. �i . ,.;.' "` �' : hercunder caa be found wt�ic3� is willing and able io undcrtake such fuactions upnn :oasonable and ctsstamary _`s�Yr•`:��:����,�'s�fl�'�''��•s��j� ' '�.., �!i�!.:��'rj�,.t'. ,�.�' '.::.+7'_'� . . �`�'��;.�F,1=t�f�.��r � � � �, � ��,:_':�..; .,;. ._ �., _:' terms, suci� 1991 Bonds shall no longcr be restricted to being rcg'�stered in the registration boofcs kcpt by thc �� ,,J ,'; ��� ;t�"�;� •� . y Y n.:.. . 4' y: ;,, ;;.,ti; ,. .;, '' Boad Registrar in 1he name of Cedc, as aomince oF DTC, but may bc registered in whatcvcr s�amc nr namcs ?`>>;'��,`��`*�� �•�nrs; �4;�'� �;, s` �� ',-.. •;' �1 ',.��y in a n r ance wi thc rovision r:%�?�" ���'<�` ���sr:e.. ..:;,, ';�A �' : ' cx su 1 1 Bonds shall desi atc cco d th �� } � k �. �;.�.� �.�' . `�'„ Regisiercd Ovs+ners transferring ar changing ch 99 gn � p 's,;:�„ ��� �.:�?�������'�� ���''4'r' �1::..',.1';.�•.;'� �� i��r!�:iY s-,Y F� .�'� R''-�: '4,� �.) '_s„!,.:., �..,, hcreaC. ';���:T;<.;,;<;s,'rti{." y -,�r�{; , ., � ', � >�.�, � . . . � �'�� �. �..� : ,.`yl'. , r.i 1. •�„ Y1^ r�,�.i. .�:�r[4�� "�~� ,t:� ;t:•,.�- �,' ,i.F' s���.' ° " � " �' ?. � �'„ 1 1� nds shall be rcdeemable by operation ';F:„.���tifi:,,�r•,. ,���.�i�.,'.�fi, .�. . �,4�..: 1i'r};, '::;'� 5ection 12. PRQV1SIO�FQR REDEMi'TION. Thc 99 a •, `�` �,,,•' ,.,::�.'�; r�rati n Account or at thc opdon a e ss t.�,t; � � i "��,�� > � '� ` ��' of the Bond Amo t p f th I uer, as providec! by subscqucat resolutson or .4 �,;... '� �. ��' ��'�,��,� ��5�°�` �.'�s° -�. °~ � t; �. ';'� '`� . v ch Iment f the 1991 f3onds. The 1991 Bo�ds in �.;�'�'���`�*�.� �" � .r+�'�y�'i a' ��� -'r, :�� ,ti:- `,�1`��:;'.,� _� ordinance of the Issucr adoptcd prior to deu cty of ea i�sta! a , t.���;'.n��;,.�'' �`� � 4:.; .}': `,l �I �{. �i �L�l�ra��.fY ��R ��'�F,y�:•.'. _ ?,',;,;�';'�.>��`.:.E;�;'=',:;".�'.�;,, ' dCnomiaations gcater tban SS,OQQ sba�l be deemcd t.o be ab equi�alent aumbcr of I99� SQnd� o[ tht �ti�,:.�z,,.���.�, �.. �s th�:t; T .' .. , . .'n:�:,:a,'i-u�, , �' • F w+t'� ' ',� �` ; s-�;��'�~`-� �?:. - ` dcnominatian of S5 000. In thc cvcnt a 1991 Bond is of a dcnomination catcr than $5,000, a artion of such k� ;. .�Y��3�;t :��r�;,•y,•` `i' ��`� :`t� :�� '{`#t�:1, � ma bc redeemcd, but 1991 Bonds sball bc redecmed oaly in the nrivapa t 5,OOU� Y gr '> �=;��,ti'�;,,�� �',s �'{�5�r:� � �j:, :� .'��:;.: y 1 asnnun of 5 or an in[c al -':a„u 4�: �= r- �' �;�� �"' ;;.'r �':.� ,, multi le thereof. Ia the event any of thc 1991 Bonds ar portions thercof arc redcemable as aforesaid, noucc ';;`:y�`°� ��`,;�;�:��;'a, �"��'?;" ,�`• �'' ` ';+�•� �-.,; P ,•�,: �r��r����,�,.'��� �,�;: :��:,;• �;�X;�;,: '.% �,,;,: � thcrenf jdaatifyins [h� 1491 Boads or QOrtioas thereof to bc radccmcd wili be givea by the Regestrar (who shall �,c�,;;:L�„=�,�,,�,r b�f, �f�., '�;�•',�5•' ' •• l�� ' '�'..�. '.'i:Y;; y�. ��Yi� ,;�. ;a '"�; ` '' bc the Pa A cnt for thc 1991 Bonds or such othar person Crm or corporatian as may ironn timc to timo . "'� ,;�"" �� , _. . ,.x'� i;r,J�: �. ,.�. :'�:i_ �'+{': `t i��i B � � �',.;,4'���,i!'��j: �•, ii�i�f.�.t��y , ,!. ==:.j :�'�' •�`' �:x`;'r. . be designated by the Issuer as thc Regstrar fnr the Bonds) hy snailing a copy of the redemption noti¢e by f�rst- .,,�.�L�,w�-� :��;���.E4t.;<��; � ," � �4 . {.: ' � 51 c l. � • . f' �. I.�.•� �.�w: 4S \',G.� .""�' ' ? , �`�� ;;': A- ';.'r °";o: `: °' ',,�• . class maii (postage prcpaid} nat morc tban tiiu�ty {30) days and not less than fdteen (1� days prior to the datc ; ;:,��:.��k:t�y���4-���.-� r. '�. A���Y�1�, ' f?�� 3� � ' 1 . � -r1�'yyi�l� ��%��'f�=I��� �������•1. � ��''�' °s�'`•` r:: ;r'��= ,}" f�xed far rec�em tion to the Rc�istered Owner of each 1991 Bond to be redeemed in wi�oie or in part at thc E�.�.;,,;� <i5,,,,���p.�:.:F ,.. ?`•:; ���"; .��:r°1 •'-'r�r`•��'.�:;.-�: �r:.�~, ,•c i� S{r.,,.l.`�a,t��,.� ,s=.; f�� s:r.. �„j:';�.ix•:� ',,. �-� ``�' address sl�o�vn oa thc rc tration books. Failure to �jv� suclf notice by �►ailiag to any Repstered Owncr of �.. ;,.=�l.f,._M��.t. �af�:r: �. '1 � 'fr: i..., . �-, s : `'"' ':Z.'>'` � l?' rr .�;-.. .�.; ;�r. '!:.' �C... ' '., , : r•,•• i: ,.;I, ,,;,; ���•.,•�,t,;f.`�'., ;.,:r;� ;-;'=�S,�z `'a�' B , y cc [hcrcin, shail not affcU the validity o any P S P �'?'::�� �,....� ,.;., � ��" �' � ' onds or an def t f roceedin for the redem tiou of aihcr Bonds. .�,_�,���tY;r�• ��,,,�.r;''�';�•,'.: �.?.l � .�',�, ��:.,4...'�e��� ��.�' 4�� z�`�;;;;-'4"� �-�',���'i;y ;��'�r;'� �;':� All 1991 Bonds or portioas thereaf so calIcd for rcdcmptioa will cease to bear interest after the spccificd .,;•�" _.;. .��,,.�f•;�,�;;;�`;;_ � t�'E'�'�'';�``�+`•`t '•� ��` :`� �`�i � redem tian date rovided funds for their redem tioa are on dcposit at thc piace of paymsnt at that ti.me. `';=�:'�- "a;`�;:�R=;:;�'7: s;5';�, �a ;:�,'�,.�,� ; ;k.:;--; ..5., �- �;rw`f:-'?s:�`tF�'��j: P P P �', � �';i';.: ���;:� s;�rJ`»���: , r��'i(,�n',��`�4!i:%ts^ .;.t: 'J:tii.3:. •i'i� ' �':� 'y��:�4.Y�:--=yr„• �;� �C''�K�:r� � ��t a ' C IIC Ci1VCr Lf1G • ,+` , "L, �;.. ' � "° ` ���� � ' � "�'"'"' Upon urrcadar oi any 1991 Bond for edennpt' in �' " • � ' ._,�:. ,: y,F °?`,..,�. ``;�.. :�, .�.`•?. S r ion art onl thc Issuc shall iss and d to • ,::; '`�'• �. � f'';;:' , ,;,,_.;�� =::a� . ��'r ' �''�,�.;,, P Y� `°r;,:;:.�;.,;•,.� '�e' `,'�r;'E,''" '•1;. �` i��ai� :i-t;? " GW � B nd or 1991 �'('/�'`:'�1 �'-e. i."; .�., ,;xd:.� ,,,:� �•�':��, : z ,„ ;��° :.'r� Registcrcd Owncr thereof, the costs of whic,h shall bc paid by the Rc�istered Owner, a n 991 0 ..,,..;> k�; :}°a �;� ..-,' �'. . ,... ..., .. °:i �i::a;k . . . +�.' . .�c L:� I� t� �,.: +�'. �L...;>..,�.t�,�,.:Fwi•Y: . � Bonds af authorized denominations u� a�regate Qrwc�pal amount equal to [he unrcdeemcd portion surrondered. Whanever any 1991 Bands shaZl bc dciivered to the Bond Rcgistrar for canccllation, upon paymcnt aE the principa! amount thcrcof, or for rcplacemcat, transfer ar exchanga. such 1991 Bonds shall be cancelicd and, upan request of ths Issuer, clestroycd by tha $ond Regstrar. Counterparts of the certificate of destructiori e�ndencins any such deslruction shall be furaished to the issuer. Scction 13. F�RM OF THE 1991 BONDS. (iatentionaily onnittcd] Section 14. APPLIGATI�N OF 1941 BOND PR EED . Thc proceeds, including accrucd interest und prcmium, iF any, reccived from thc sale af any ar all of thc 1991 Bonds shall b� applied by the Issucr as folEows: {A} Thc ac.crued interest si�a12 �c deposited in t�c Intcrest Account in the Sinlcing Fund hcrein crcatcd and shall be used only for ihe pwgosc of paying intcrest becoming due on the 1991 Bouds. B$ .w �: ` �� ' f `« � '- � f :, � ,. . � ' r� � � Q • � � � ?: ',�' .�S...ir.;-�:,�,. .s -, j.' "r'..e....;;�-irvt�ff,.,r �r�..j��' � �hyb; .•�r^ �a.•. . .. � _ • , •. ' . � . . , . , , ....� . . , �.,. � � � . � ':'�. - � .� �� , S � �' .� �, � ��:.:��a° �al�'' . 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' ' . . . t . . , , � , , . , , , � � � ,�� :�f� +��;,{i`5.1 . � . , �l�M•••a.r��.:i.."l..^.1f?�.W.::_.:.:.:C�.�f..rw:l..-.a..n..+_c.r. -�.--...�..,.. «.r �.....r -- •' " ".._........r �.�.,� � . .. .�r,.r,«rnws-e.w....+.a:.L'A'1�C�1iTER�iilil.aitLIF:.17fYp1W'IMM4 w:t!j.�.•f���f.:�:i�'.�., . _ ' � , �. . , . � 1 . �i. .••j: ; �.44`.[:y�i. .i„ `'t ' =�Ry,y`'y�`, ` , - � . . ' , . w� . i ` ;��� - ° 3 aLi3' . ' � . • ' �'"r;�..., v��, r'�$ �i �. . # . , � �.1 .:;+i:'.�,5'•?•1•''r•,•�;;''',.''`' � . . . . ,.'�. ,-}.c�...::��r�;'�F^S-1��;' � -{ • , . • ,_. . � r„ :.;'rl;'f. '�.S`. u;',1,�:..`- ! .. . . ... .�� R:Yr: � ��{4,Y.��i '•it tJ'-: ,;.��3,ii: - lf. . � ', . ' . .'':f�';��;;x 4l,+Y,Tj:r�l'., . ,'l. . . �� .,;:. �,.,iti1�" �'�'k,}+�C; ,[., .' : . * � � � . . . , . , r!�'�(•: y ti �� ; t } 5� � s � �� (B) Unlcss provided froaY other funds of the Issucr on the datc of issuance of ihe 194]. Bouds, '�:` � W���r °.�� ;??T� �;�,; � �r" `. = . � � � , ���.�1';:';i=i:S.:w�w} f i �`�:'��,� �'� . a su�tt equal tn t�e Maximesm Band 5ervice Reguiremcnt iar thc 1991 Bands sha12 bc dcposited in tbc i3 •� •�;,;; ;�r�;s�C:�is;.,' 4 ,}�.::f.� ..'. :,,r. ' � . � "ti.":,^i�;.s,!. .F�l'�,�^�'�� i� .:^,- . subaccount i� the Reserve Account in the S' Fnnd herein created and �stablished far thc bencfit of thc �����,-:;�,.,,�.;_ ;_;s`:t.�aa��j'�: � .�<,, 4 ; ' , lI1�C1A� � k ' '''t''�i„ i ,� :. . �: .. � . 199� Bonds, and sball bc uscd oniy far the purposcs providad thcrcfor. :;sf,;+. �?,�','�-,,'g}:r�"<��-,,�`��" - , x_ . '�' � ' r � ". �' i;� ��'i ��n•'i�rtli: `1 ' r` •�'� ' �.t}'�'K�'T'S+: y�; .; �y t-<��'�'.�•'•,:;�,�,: ,F ��>.�; � `,:�L ;, - , ,�' r' (C) Unlcss paid or rcimbursed by t�e ori�al purchascrs of the Boads, thc Issucr shall pay :,;; �; r.. :.� �'��'°�`t��,�i�,. �. • .a,.;.�,..�.. < ��. 7r '�, ,rr• . . � � ti;• r,.-� ,+a�`�` 4 a,. � y; ;.�, '' �. .. a1i costs and cxpcnscs in conacctioa wiih the preparation, issuance and sale of the I991 Boads. r;�-•4;�,.�.,;;:f„; �')/� <�,�k��;o EEE1�,, �.r�., . �'k�• .4 . '.! ,. �'�`6 • . i ; {�t d: t .�T. � �` �.; . . 3,� . y°4 `'Lr,t j� ��L�r��J r]� '1 • � C T 3 , �. }. '`r�:f� '�F`�"' ';s�r D A sum wtu to cthcr v�ith iha otbcr f�nds to hc da ositcd ursuant io thc F'sa�ow `t',;;.�`i �'��1g S• °�, �, � ) �, 8 P A �:: �..;b�:�-,�f�..r§ ��', �.,, ; � � • De osit A ccmcnt and tbe investment income to he derived lhereErom will $c sufficicnt to a as of an date •� " �" '�'1�,: ' �. '" p � � � p Y� Y �,�:r:�,�r>rrr:::�y.��"t5?'�'�k�4��, °',. .: z�=, lYy:....•ti:=';�. ; .�� . of caIculation, the princ�pal of, rcdem�tion �remium, if any, and intarest on ihe Rcfundcd Hoads as thc sam� �`��ftli��3�i�� ;��,:r�'.,��,�,�.�: ' �;°-;,'.'�'.•:."h� i?�;. �; �•.� �,�c�'' ' �:; :��, �r•;f ,�r ; shall bceome duc and or rcdcemabtc, shall b� dcposited parsuant ta the Escrow DeposiE A�rcemcnt. :: . y,-;� f'� MK ,� . l' •iI'1'E'I} �E� .�'f.,� ;:h .�k�J'. 1'y��4r�'[�Y�f�i'���=. , M' S �r.�ti .�`l 1� � '{{�` . ' .. `4.� . �i .��X:;'� l� �� �, t ''f xf ' ��:,, ' �t '��4•}3i�'�tuir r'yF'{�Y'.ri. ,°�.;: �., f'� ; 5ectioa 15. SP�CIAL OBLiGATiONS OF ISSUER. Thc Bonds shall be special o6ligatians of' the ::'::$A��.,�,�x�.„.-+;,i . .� �;j-� i,; `;', �7� "`� {� ���� ' Issuer, payahle soIely from thc Net Revcnucs as herein provided. Thc Bonds do aot constit�te an indebteduess, f,. .�;,�k;��-`� �;�,`.; ;�i�=55i;�"? � ,. �.+ ������-' �; -���� �t, �i� �iability, gencral ar moral oblsgatian, as a piedge of tha faith, credit ar taxing pawcr of the Issuer, thc 5tatc of �'�'�'�`';�i;��i`i��:�%�'��`'�s��°'� /�.' ,s�`:'.i s. �i,� „� { t3 )A.+�.. �',i�,^...•}� .� _, •.:�t,' �,%��.�rf.�;,j,k:��'���'Y��.•'{� PSw:. .`.,>�... ° . `�`�;�� Florida or any political subdivision thcrcof, witlun the meaning of any coastitutinnaI, statutory or cltartcr �t�: �� .t �,��.. .� ;' - " .s •� :'ti: •. �`'� d .;,�� � �, C�; . =rW��':�E"< �.�' ��, t��:' . .;�� '�'�' pravisians. Neithcr the State of F7orida nor any political subdivisio� thcrcof nor the Issucr shaIl be abi�gated >�, ���_ �. f' �,�� ;?�, �?� � '��� '{ �:�� 1 to le ad valorrm taxes on aa ro ert to a tha rinci al o[ thc Bond 6� es c h -�; �°"'��'��'' ;y � ' ;,,;',x;, •',: ��,;, :� i) �'Y Y P p Y P Y P P s, t inicr k ther on or ot er costs . .� ;r;�,4.�,>�.��A:�.;-4 �%�: � •'�'� , r.;��. =:,; �-�;,:�.b �`�.��.�r�` `,,,�';�-;. ���; �� `-�, incidcnt thereto, ar (2) to pay tbe same from any other funds of the Issunr excegt from tht Nct Revcnues, in thc �}'�..;,�a,�`}±:yl: =;{,� s5.'�,.�:;'., r 4; tiZ, ; .,'i rl :.4.;y .- o...js.,,i�: �� ,I °' �v� ��' T manner rovided hercin. The acce ta�cc of the Bonds b the Holdcrs from Eimc to timc th�rcof shall bc '. •;' � '�` *". .. . s. z • ' ^'�_� ' �,�" �,,:� , • `. P P Y '�r:,"_).- _•. .�Y+�. ����� �:,.. ��,��';��;~ `;=:$.Y3"`.. ' �'` ,`� dcecncd an agreement betwccn thc Issucr aad such Holdcrs ti�at tt�e Bos�ds and the indebtedness eviden�ed •�•:�;;,`��'`l��':.�y>r�:':��;< ct �.�'. � t F'l',4- ?'M!� i �i . �`•�' '',"� thcreb shali not coasti�uEe a tien u on the S stem or an `''�':` �t tf. � � _s,;;:,; ' `�.� �, . ' '4�', � , y p y , y part thereof, or an othcr ro er of lh� Issuer but - , ;• ° ;` s; -Y-• � ��s'`� ;F^ y .,,; . :..�, Y P P t5' , '�',, •1�,,.,4.Ha•f�,���„s��..�s "•%'��'=- :;1;; `�'S'� ���'. shal! canstitata a first and prior lian only on the Nei Rcvenucs, in the manner hercin�!'ter provided. The Net �:' ;:s.'t;{��";,„:3; y;:ti, � .,h� . ;.Y� v .�"F�•.4#,"''i,L's,t. ;, i �;� =�;:,� ` Rcvenucs shall be immediateiy subiect to the lieQ of this �leflgc ufithaut any physica! de�ivcry tf�ereof ar furthns �' "�} �..�+��,,.; ,;.�,=��;i�:' :,i:. _ • ^� • i''� .,.rr t.' � t � ,t ••.r; '���' `�' �r :'"" '',; • act, aad the lien of this pledge shall be valid and bindin� as against all pariics having claims oF ariy k'rnd in tort, '�;.;:'�'�f�4j�"y'7�=�'�;;,�`',��':;,�'� j:1. ' :R, � • i �` ��� ��:';' , ..Y�:.�,.�'yY'N� Nlll� �L.�,..' � �� ,y;; . ; �,= "F ; � 4 .'.�' contract or athcrwisc against tb� Issuer. :,�:.°f.�`.r, :,.r;�,r��..�.-,.,.�}'� : ;.i,"''a;^ ':)+.r`••.t:s•' ' ,c:",',!.�':t�� 5,.,., c"•,, .. i + j.�'1�i�. ii.j::�.•g,'.�� �'/: . '�; ri�� ;i`i,',!.4��- ';l'. 6tF�t�t�: .�.��� N�'.. i ���.�r"A•�r, 't��ri'�'' `w��i'•.�1 TIlC a eni of thc rinci al of and the interest pa ilic Bonds shall be secarcd forthwith e uall and `_;''.:<' :`A�� '.1r�;~;? �', � .r�, ' E.i��•.«,n;'#.;,,�-,e�. � � � P 3'm P P 9 Y ;,.;: .•,�` � u=�. R��4�,�;:•,. , ''-�k" �t�;�' '� �'��' `'��°' �r` "" ratab! b an irse��ocable lien an ti�e Nct ii venucs of h� st m s fi d r r ,:Y•`':'�p:�'�'°'�"�:;1� ,a':��.. � �,t,',:1•= v ,;-;-�<��;: y y c t Sy e, a de ne he ein, nnd thc Issuer dacs hc eby • �.,,r,,.�f, ,. ,�,,�,��.; +;'' r''{ �''�'�::t �°`% '� �''>.� inevocabI led e such Net Revenues of the S stem t the a ent t h nci a f d s n �'�I ;'�;�':s�i '��'�`}`t- �.'R :c.. ��;` :� ;,;�, , �, ' Y P � Y Q P Ym o t e pri p 1 o an r.he intcrc t a t4�e '� : y....�.�� ;� ��ti�F: �: y ', .. y...5 �� 'y�iir, '.. ,f� • .'•c� ,' • �; � :.a:^,. ��.:`'s'-�'r.t,^� rl� f�.:r� .i: "�.y rR� ��'{• ^l;;.� �� ''�`�4' -j'.�'� �; BRA�S� for thc rescrves therefor and for all oti�cr rcquired �Saymcnis. '� � _�.>,,,�."ri,;'E{�,.��s,i . '�'"� {�"��''''• � 'i •�:.;�1 �''�'' ��r.'..,Tq..'�ifiv,•:;i':I^,:.•,�,.,�' '• '��' .4'��i�.�`,L'.: �.'f��2�i�.�...il� �r r_ I 1'. p �4. r. ,� s;;:•'• s� 'L,:.f',5' . �. ��_. 5�,�'�s :•ti,'!ti�tii � :�� .:� ;:�%i��.4{n"fitir�:�i1?';r.`st1`',i.'��'' . �: ,r=J - �i;: ���:�: ;G','y,r j'.P. �i= ;• �� .4�'� Y.l...S..C. ;.3 �, , _,� ., i��y,` • `� ^ •t � ° L��� Yi•i.� � � �/ •�t��q1 �°��. ' �,� x�-:i:' ;�.;s ;Y,�.4r, �:.>;;.,. ,., {,� L� , `, ,3F ` . .r..�,__ , . �=s':,r:r' . i�. '; Scction 16. CQVENANTS _�F THE IS53JER. 3ubjcct to the prov�sions of Sect�on i7 hereof, far as ]ong as any ot the principal of and intarest on any of thc Bonds sha�l be autstandiag and unpaid, or until payment has been prQVided for as hcreia pesmittcd, or snti! thera shalf havc bocn set apart in tbe S'uiking Fund, hercin establishect, inc�uding thc Reserve Account thercin, a sum sufliaent to pay when duc tbe entire principaI of the $onds remaining ttnpaid, togcthcr with interest ar.crucd and to accruc thcreon, ihe Issuor covenants with thc Holdcrs of any and alI Boads as fQllo�vs: (A) REVENUE FUND. The eatire Gross Revenuu, exccpt tht incomc from investmenis (hertinafter provided for}, derivcd Froas the operation of t�e System sha!! upan rcctipt thoreof bo d�posited in thc "City of Clcarwater Gas Rcvenue Fund" (hercinafter called the 'Revcoue �'und"), hereby crcated and cstablished. Such Revcaue Fued sha11 consiitutc a trust tund %r the purposcs hercin provided, and shall bc kept scparate and distinci from ail other funds of [he Issucr and used nnly for the purpnscs and in thc manner harcin providcd. (S) SINKING FUNU. Thcre is hereby creatad and estA6lishcd a separaie €e�nd to be dcsi�nated "City of Clcarwater Gas Syste�n Rcvcnuc Bonds, Scrics 1991 Sinlciug Fund" (hereinaftcr r.alled 'S'snking Fund'}. T'hese art also horeby crcnttd and estab]ished in t1�c Sinking Fu�d four ac�counts to be kz�own as ihe "Interost Account", "I'rincipat Accaunt", "Reserve Acco�nt" and "Bond Amnrtiratioa Aceouni", A seQarate subaccount shaI� bc maintained in the 12eserve Acco�nt for each scries of Bonds. 't. "`_ ,',.'�:: ,�] r��`', �"'`''' v� '�:`,i'� :i:,' �1't4�� ;��'�'�if.'i2 ' �rs:1' . ,•� i:T. . ... 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',F,.,,.•1.... . ' k . 'I _.-_ . _ � � .t. ,: . i �.1.. 3: `;' i:`e: ;�: � ;:.t . � �:t,: ;.,�,,. , . . � . . r'. . . �' •+ �o «�;:."�,',rl.:��'1k��i• � � �'�. � �- .. . . � ' ;I. ��� �e.� . r a�>1��.4. f.� 4��v� . � . :� t.• ..'ri iiS'� j3 �:bi #�£j: .. . .. . :.t....� .�7 �, � . �' � .. .'`�"'Y`.`r'y..CY.1�.iti� . r'i:: :. Y . - . l l' . . . � Jfy�J��.L"i`i'J„�•1�M���7�1.r1��'Cy{��..`. � , 3 � • 5 �`F1•'•~�it•��� �' �Tt�: ��, ,1� ��jr�S'�'Y$�;�• �liY, r�i�'� Y . � �1 �i%l� ��' �v�N�' F�'� 't^{i��✓'� ��y 'k.' � Li�' ,'`' ', ' � IC DISPQ5ITION QF REVENUES. All re c cs at any [imc rcm ng n d pas t,' tb ''��;'`' '`' �,` ��,;,�'�'��` ��i•- -r' , .� 1� V Qll �I 0 C l iII C '�r,� �����.�,�-xa}}trti.N,.' :%J;: S��S' r�+'�., .' ' Rcverauc Fund slsall bc dis sed of on or before thc fiftcca[h LSth da of carb month, cammcn in the �`� '"�' '�i�: '"�4 ."� � Pa � ) Y �S .;�`::�,.'�' �= .�'°: � #ti:�? ,�� .I �!. ;j:�;',•,r� •�x r:� t' . ; �-��:' ' ,. ' " .� m o n l h i m m e d i a t t l y f a A o w i n g t h e d e li v e ry o f t h e B o n d s o n l y i n t h e f o U o w i n g m a n n e r a t � d i n t h e f o l l a w m g o r c 3 c r e1}5t,�z �;;:,�,`,,,,t�� '� J';,�' �'w��� `' � , � ' �. � �.r „r,�,��k�� � �; , '�r�«< s ' of riority: ;s.•_..° '�;f�.�r'�;�'ati. �� �� � Y;.�� t:;': �; � {' .3�.t?�:�;;;' " �'`j`;:.'�,+�.� ,�; �»! r7' ,.., , . ,',,, S�:j, � � � i-',*', ���;� � .. � '�'� °�' a�"f `. `. ' (1) Rc�enues s6a11 E'ast be used to deposit in the "City af Clcarwater Gas Systers► ;� �.��;,i;'�'���.~���� .. ��= :A• � t ��,;� �'. �� ;�: '.,�,°� ,k;-"�:.� `� '. � " �' ' ° Operation aad Mainteaance Fund" {the "Operatioa asid Maintenaace Fund") whic}� fund is hereby created and :S:t %�q;ti;�'l���;��'� �;�s' �,� `� �: .�� �"_; %• ���,; ' `: cstablisi�cd, such s�ms a. are aecessary for the Cost oF �peradon and Maintenance, as hcrcinabovc dcimcd, for �;; 4�'s,�����s'�'�a;s� r` ..��; � ' • ; 9• i' 1,.� . C�t''�lf �l�:�lt ' � j i' '�'r' :.�, .. ,y,•� t}tC ACX� ClISUiRb* IDDni�l. { rr.f- �'',-_ 3{ , �� ' ' � . ,;l.- . ,; `� "�' '�`.i��,}(�e���a ?�i� , -' :.;� , .,�,''�; • . :c ,", �stf` ����'�, �" `$'�� ��,�a,'.. . �. � '.° ' 4 :;;�;.�;;: �1;;;,;, "•' `�: � {2) Reveoucs shall next bc used for deposit into thc lntcrest Accoe�t, such sums =�:y; c��.� ���. "�� ��.�,��'M'F „y�.'. � ;�,; `�'� T.' ':i` - '•' ` as will bc suf�icicnt to pay oae-sixth (i/6} of aIl i�oterost bccoming due ou tbe Bands on ihe next semiannusl �'r ��;�'S,f A";�:`�' ���i��;�.�;.�� ����;t�'�H� :,��r.aF"�I� :��' ; �. �' � interest paymen date. '';�':�`r'i�'§x�;',.� :r :�,�,,,"�'' '"` ��: ; � t ,'/�;r'< fw r. � � t�,7;. •q ',rlr+1,�y ' 'N,..i�. �1� _ - ..,�;s��:��i��Y?�j,�:���ty41. `�ri � '''<i�.�=�,�1; �� ;��'���j '' �' `',` �`'� ��; � �{: � (3) Revenues shall ncxt be used for deposit into the Principal Accouni, in any bond ; ;;;;,"`���'�;;F �F; �-�� �' . ��; � � ;,,•� � . 'I�.,- fi '`: ,r;��;�;;,',�:.. ,'" -,,�;.,,�, ��;`, ycar in which a Scria! Bond maturts, su�h suras as wiIl be sufficieut to pay onc-twalfth (1/12) of the principal �:�'�s�;:�":�.r��`Yk.`�''�� �. �•^t'�""";���`' .;�; ,:[,• ;'t';',';'` ��•���; .��•'�,;, ,s f �-� maturing Uu SCrial $onds in such ycar. '•�,�=�!;iy{ "'�;� F ��ii`.� ': 1 ti: - �"�,i`;;,.,.� � �...•'-�"�: : : '1;?`�': �-x„'�ti���� �,�f"5 ' �'•c;: `.' �°� : ':.'. `i,�, . �ii1.f.}3 �'�v!�:, t+�'�i:`c"��'�;. � , . : �,`�, �, '.. �'r. '' ?'",•. '' .'}`. �4} Rsvenues shalI aext be use.c! for deposit iato the Bond Amortization Account, ,'•:��; ��`.{y,y�� `' �.. �� ���'�r��,�� ' i� , �V'��} •� `�= J'`"'' ���''�' ,,: '! Y'�' , in any bonci year in which an Amortization instalimeAt is due, s s ms as be suff t to pay e-twclft �`r�,,+,��w �,;;. ",��~�;'. ��.`.°►�; �� :;5. ;'��:'�,';,�'��'`•` :-:!�`,,, �,. uch u will �cicn on h �_ ��':�':i `:k �'� jI (1/12) of thc.4mortization Installment requircd to bc made in such ycar. �uch paysucnts shall bc crcditcd to t��.':'^���;..4;•�,'?�.�'.�;,.��, �;'- �`.�r + .�t. ' , ��.�� 3 �F�>.e �ti',�; • `�'�;����'� ',' ',�„�=' �`" j a scparate spccial account for each series of Term Bpnds ouGstanding, and if thert shaii Lx mare than one stattd :�r��,.;,;� °s� n�;?�.�'i�'•' ' i ?'� �� : t4.`� +'i. � r.�. �>�,' -�1 .Y.a� l.�Y�i {.:J,+�4 .� .�:!�.; =�. :;��-� ti�;':a;; :;, „�',� ma[urity far Tercn flonds of a series, then into a sepaxate spseial aecaunt in ttsc Bund A.monization Auaunt far �•::����: �.'�"��� �; j'. �'�-a�'�� �. �!'�: �-�' ':; ;�;�°� ..;'' ;;'f�'� •`.;�. :;y�: each such separate maturity af Term Bouds. Thc Eunds and in�estments in each such separate account shall be :;;;;;:;4 ,1�;:��������Y�F"� f "�� ''''°':''''• °.' '`� �, � `��4� ' led ed solel to the a ent of rinci a! of the Tarru Bands of the series or maturi within a series for which �' "`'" `�� �`' '�`�'�"''�'" t ,.r ?�t+�:�•�:�: •. ,�.�, �,���� ��"r� �;v�; ', I.• ',?:::�,<< ^.• .r. .: 'F: i.. P S Y P Ym P P ty t ;�..�,- h r�.+t�F�rt�"��.'� �. . "���'_���::I �- u t be av le far a ent urchase or reciem tion of Term Boeds of an other �ti': '�4, ,.� ;? .� �. ��- �f ���L�• ;�{�:;.•�� �� ,t' �"`• �' �' ii is established a d s�all na ailab P Ym � P P Y r''`° �:�.`�4 �' ,�,'`,�� a -.'F,� ,. � .}pri� .;.['.i,�.'3' { {..t t �4�1°� rf ��,��x�Yt4i.` �-"'" i��;:,;;.4:,'� � :i:; ;,Y�=r;::. series or within a series, or for transfer to any other account in tli� Siui:ing F�snd io n►akc up any d�ficicnaas {:a',,;�.;.:,•.�.� ���, � ,� �� �q � `"'�.�,•: .�r::: � �,, , q..��1.,,. •s ��;� ,r '�,��y`•,� , I ''�aw . ? j?`.�.;�,.,' ''d `.�; I� f8C�L1CC� �8�'IIICIILS Lt3C[CISI. j S `i43:��( .a�; ���`� t[x: >tf���'�#y,�,i� ;''�:.1'� rt'• ,rA �:7�rY:'-. S„',;F.':`� 7�''W:�L; y�✓:{.° �?:Gri•3•y K�, `ti;����`..Z..i:I�' ',-E' ' �r�"'�t�� r >7,''` : „ :'r��:•.� f�.+C•'�a�.�f�ia� i .` �, C.: ��',.. :�: �:�, .':<; ��' ~:'�f .�,' V` U on thc sale o[ any scrics of Tarm Bonds the issuer shall by resolutian or �rdinancc °+:;�'�';� � v�-a��`� ;�� ��ti�; ��`�.7r'��1 • �� .a(�•.s. "+r -L�.,.: f�� (7 r , e ' �j{r s•" ,�.,s, y' . . , :4. cr•� a • :: "_!� . 3.... „� , �„-?�d+"f �1 S�-'..�. � ,y :,:."i,: , x±E' :�.,• h un aturiti f such Amartizauon Tnstallcneats for each serics and if there s4�a11 bc �>> i"s ��.����.t;�� �3:•� r�}, : � ``;<„ ;� establis tl�e ama ts and su cs o �;;;. ^ � .�,;:::�� �. � + ; . t�::��.: , ,��- 1�; :��ara��;? ',���''r��'�. , ,_'.z,�'4 ^:•:i ,.'.i� .�: .[,,�•:�`�,"'.;;<r-� l �•S ���:._;�, ;•'�';;.'�,�; E,..ir1j• •.,'.�:.,'° ,;�.'��� more ihan onc maturi of Term Bands within a series the Amortizatian InstalimentS for thc Term Bnnda af �'°i ��•� . i •. ' • -.rl., . � 1 `-�f . �" ! ¢ �,f�(_«�1,�•,!, •d .Y � " ;'^ i�',f'.A 3iF �I ...:' ;'' .y'' .�.. � l�yt�:•�i�a�'.�." �`��-'^`yi4�.,.., rl,''.j.[,;. � i: �:r°�;' ;'....-::s t. .ii •r )•�. .; 1 ,;.ti�-�,'�l;�. �:,� ,t�l� ;�,� '��s�`.:,;.::,. each maturity. ]n the e�ent ihe moneys dt,posited for rctuemep[ of a matnrity of Tcrm Bonds are requircd to :..r�,��.;,�,,.; ,-��;r;: �„�:,..�:�;�•�=��,��,<•. ���° ti'�'` x;;..�5:� y t a� i' �-��` ��,' '.', be invested, in tha manncr provided below thea the Amartization IustalImcnts may bc stated in terms of eitbcr �� "�-���' ��'�._`$�: �:`�'j°���H�:�., �i.s��y� .?'�.y .�',� ,)�. �,:i:.�' � 'r'�t;::�iy°��t t fr �:••)rfs ! 1` .'�.: •ti�^.r ,. :.`. r.'a'��.1'-i. t ,rrit•: �3��'.�.�t�^�,�s•1,, :'�a,i`' �':��a�� ' ;�.' the prindpal amaunt of thc invcstments ta be purchascd aa, or the cumuIative asnounts af the privapal �nount �•'• �t�c;�: >,�:_�" ;t��*'����bfr,�;;y���:��;� i". y i ..:i� t't:_ =ff,;•... .;;f;:.•.�,p.i s.� ,,r �(y�5..,.,=�7m'i.'F1$'' : � 't>r��}�,�,: u� ±�:r,�z�'���:' ':�'r�;� :;i';�, :. 9f 1RVCSiri7Cnt5 [C uired to havc becn urchas�d b the paymcnt date af such Amortization Instalimeni. � ,,,- F-���"` ,°�,J�;:�y�,'� � 4: � , •:a . ,�z: ; ,5 ,��� _., , ::. �.�� s:• :4 ,7.�.�:r,� ::�. •� ' z , :.�..: ` 4 P Y. '.y1: %.: �r� E• ��`,.�: , z',��,3' E�tif���'.Cfr�',Y' ..�2.�: c,,., ,i�s.._ S�.t�,;�.�'r �?r�y�.�� , naY;�'�5�,:,w;� °i'.,ii� '�'`.+ ;.. "�•.�o����, ' .'- lt'� �: .i.;.c�'.'�' .n.'��f�tirr' d�.�� tl �.. : �R`Y�i :a . r"' ����:.f: �? }�T'J:F��.,� ;.:.�� �c;�4;;�� �•. ';�t �'c:;` ��;. ,�;r`,''°_ ' f Moneys on depasit in each of the scparate special acco�nts ia t�e Bond Hmonization :,<:.�.� ;��:,. x+;`�.t..`w,�°�,�. `:���,y�..«:,�;.�rz,' Y;�:;��,>..�,., �, . �:•�;:; , � t ;;�;.y.:�'".�-�� .�.a s�. �; ;�, �x� ;� ,t-� ,�F: r :,+,k• r'� Account shai� be used for thn ope� warkei purchase or tbe rcdemFtian of Ternx Sonds, pursoant to Section , t. �;��•'� ���• t'; �;� ,. +��'�'•.,st� �.J".� ��,��•`���.. '_�. ..,�•':.,.�.__ . t'�:�:R, t:�• �'�:-��.'�� � 16(D}(l) hereof, of thc series or maturity of Tcrm Boads within a series far which such separatc spcoa! accouat is established or may rcmain in said separatc spccial acrount and be invested until thc statcd datc of maturity of ihe Tcrw Bonds. TFae resolution or ordinance cstablishing the Amartization Installments for any acrics or maturiry of Term Bonds may limit ihc u�c oF moncys ta any one or more of the uses sct forth in thc prcccding 5CI1[CACG. Tho xequired dzposits io t�c Principa! Account, Interesl Acr,ount and Bpnd Amartization Account shall be adjusted in nrder to take inta aecnunt thc amouast qf money currcndy on deposit therein. {5) Revenucs shall aext ba appliCd by the Issucr to maintain in each subaccount 'sn thc Resern Account a sum eyual to thc Rcscrve Requirwncnt, if any, for any subscquent year oQ each series of Hnnds, which sum shall initiatly be depasitcd ihcrcin fsom the prnceeds of the salo of ihe $o�sds and othcr funds of t4�o Issuer. To thc cxtcnt thc Issucr determines pursuant to a subsequont resaiution to fuad a subaccount rrrit6'sn the Re.serve Account far n sespeciive series af Boads, the Zssucr may provide tt�at tho diffarcncc bctwee� thc amounts on deposit in such subaccount aad the Reserve Requircment for such serics of s•�a .. ., . . , _ . . ...��_�,_____ ��._... . �. — __ ..— . .-- ---- . . . ,. �:�,. `F , i � � ��-����Y' F �;�k'S y� . � p y,:4%l�.AS'�yy.�Ma��:�,� : =,E � 3 ': . , ,� :' G• i �' + ,, j�ti =, �^ � �� . ��. r" �. � 3S�'� �` a ��� �� +., � �,:. '.j}f._Y 'fr,s+itZt�eitni,., ;,It.. �e .. .�, . � .r�.. _ . . . „ • .. � :�.: � ' � �a�. . , .. �t�• „ . -r �. . r�r�t�►'°_•�y?�•mr.+�rm� . . _ �i i��' r�i.`, ? 1,. '' ' . . . ' . .!' 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'��t�•..�'� . . . ��i:;•'�:'x'..'�'."��!:';s�" ,�'�•�'-: ''�� �;�; ;.' �- � cnhancerncnt as shal! t� approved by a resolutian af the Issucr Adogtcd prior to ihe issuance of the scrics of `ft�:",�4•�«`�'`�`Y;E����-`'�'} ��ya�;;�� i �;:.''�•' . , - � � . . �� , . Bonds far w�i� such subacxount is r.stablished. Su r aIuti n m F r �' '�:� r �� ` �t °;s�-"�';��';'�`��" ;:� ch es a ay also pravidc o thc substituison of such �,��. 4,.�'.� ���.N ��. ` �.:�'�`4[ J! '� �i.� a• �,vrt ,;,,;:;�.: ;'�,.,:,�>, !''.�. ;',�. . crcd'st enhanccment. Bond i�ssuranu, a suraty bond, a lcttcr of crodit or any cambination thercof or s�ch other r=.:ti:��.'�:��;�i'`.:��%,.,;�'�� t,,,'�':'.°;R• :_ ��;`•: �' :. :'� ' - farm of crcdii cuhaacemcut may in the future t�c deposi[Cd in the subaccount in thc Rcscrvc Account for thc �tF:;;x'=�;�;'^?��';,:f �,s`i���:.����•;,: �, ,�� �� •-°�; `• 1991 Bonds as ahaiI be approved by subsequeat resalutioa of the Issaer, provided that the provider of such crcdit br::a ,.•, ��.,;--.;r�S� �..�, �; ' �.L., xf:-, ,-�, ��,� r,� „�►� : >. .� . -r k.:�> ,���� ,�,;:,, . > t� ��� enhanccmeni is then rated in one of the iwa highest ratwg categor'ses (without regard to gradation) by Standard ,z�.;,�,.;,�`t��,,{ ���� �;�T. � ; �:,� ;,�. : :. , � , t��' kn.�'a� �� �• � .. �.i; ,-;. ,'�,'� •,��= and Poors Cospnration und Mood}�s ]nvcstars Service, Inc. ,�r;�y(�p,;:,;3�i,��;;� ��� � �: ; . °' ,' '� �,t. ��t,Fy!�;�:��� �;�� - ,� .�.1.'';:•.:,i..::.f:'..�,..� `�,-'•�, .'}yi3[�jP�-�.� � Y . v•3 Any withdrawals from any suhaccauat in thc Rcscrve Account shall bo subscqucntly � �"-� � �, ,. : 1r,. �. .� '.. �4?:?a;��,�:,�'� , . .,�.'�': t '�+' ' �,� restorcd from the first morseys availxble in ihc Reveuue F'und oa a pro rata basis as io ali subaccaunts in [he `�'i� '� ��::?�.;�";'�+���,ss�'� � , ,.'1,: .- ., � , '1,. � F' �".i�4 ;' r�sT'l��:y�. v `:,�,�;•`,:; :ti `�.�`:,�',;, ``�S� . :;. �,' . Rcservc Account aftcr all rcquired currca[ payments far thc Operation and Maintcnancc Fuad and Siniti.ng Fund ;� <��;z.•+�;�t''r;:'���.�'-y'� '���? : jlY � �l N•1 'y'r'fi �� `' �,,'` � 1�" �,x:�,'� {incIudin� aU dcficiencics in prior payments to thQSe Punds) havc baen made in ful�. ,� ��{,x�;�,{�z� �,�.�:;�'���' ;'' 'i i•�Aj,. ''ic i_. .�� r`�.� .. • `}, i�.:�b,{< �y'ri,�.��t'�ils�y`4 � r.s , f ;=�������,��51:.�'F�� �� ?� f .'. :; . r� :;�� ����:� �• ��� .. =,� ,;`� ; Notwithstandia aa ravision af this Resoiution to the contr mone i� eacis �_�� `����'�' � `� ��:� 8 Y P �3'� YS :c��-,�to �r?�;��.. ��'.�.�.. ��° � i,'�� �•� �� J ' , subaccaunt in thc Rcscrvc Account shail bc uscd oniy for the purposa of t4ic paymcnt of matiu'ing principa! o[ '�"� ;��'�; ����`���:��� ' ..'�t'� '•'� ���`�'=��,��'+ ' i�' "� � ar interest or makiag AmortiraEion Instalimcnts on the Bonds for whicl� sucit subaccount was rstablisbed when �i° ���''�j�r,�'�:r'�Gr� `�; s.:;��. ;s.,,..-•� •�� . ;;,St'-,�..f ,��.� u. .� -�4'�-��= ,� ��;,s; � ��.� � 1he other moncys in tha Sinking Fund are insufiicicnt thcrcfor, and ior no other purposc, including the payment ��', �Y'��=;'�:���'y' '� � r�. �y y':`-'k:� .,��.' , =��' �.. � ! ,�, ,z;.:r,;�,�::.�� � �,w <; I ��' �;; �; ,'� 2 `� ` . . '�'�' . � of any other series af Bonds. � � :.31. �,����M ;W r � f '�' �. �.�.. ; :;�;,.,:;; '� � �, , , . •.,rj��,. , .. ��� 4�'l� �(•e�o.�,�.��3 e�:��, `i:'. 11 '�y'`:�•{r-�"�}�����'t��`�• ����! . .ly � ' "� � ± ;�A ;��` :, �:;'. -s ;; ; In thc event of the rc[anding of any series of Bonds, thc Yssuer may withdraw Erom the �; �,i�..:,�,�.�z•1 ;.ti,�- �,r�, ;�R�' `��� �; ����,��; ��i�'� ``�� �`�_ :^',��� r,: '' - subaccount within the Rescrve Account for such series ot Bonds, a!I ar any portion of [he t�nounts accttmulaied a;;ti;s;;,�,_ ���.'�����} •'�,���:�.° ; j;_ ',';.};' ;���: ` t ' � . s`a-.-.trrT�t: � r� :�';•�.. �:,�., .; '.,,;:.: . thereia with respeci to the Bonds beiag rcfunded and dcposit such amounts as reqaired by the resolutian `.i;'.,:� ���.:.r. �s�r?��,;y� ^ �f�`�� y'.' ; � '� { R� � ' ', :..�.*,:;..' . . � authorizing the refunding of such scrics of �oads. • t,: %. . r',,��,;�.,' _ � r ,��,�•. .;-y "��_' �-i,�..;�,°,s�, ":: ':,,°�.�e,i� 4 ;.,.f,,A��y���i� � � . ; t: ! �. rv'e �� iar'- �. � . � s',.s.F ����4 r... ��� :��ti r,� 4'i', 'S �:- ' S;e.,-'�,-?. a;.i�°,�+'�;:f�.i. 'i' � '',wI ��.,;; 0.„ f,�; - •. Y :Y, C ` F� ;r`,� '' ": �; i ?' , i'=! ° �'j.,,Y° '' • + (d} Tbc Issuer shaI! noE bc required to makc any [t�rther paymtnts into the Sinking �;�; ,;� ; ; �;��*�..:��,.- � . ' � �r_ �t`, : ",': '.is �'i: •;.:;;:;�.:�t: � F'esnd whca 4hc a c ate amoun o€ monc ilyc tin Fund at ica a1 :'i,",�;'•";� �i3:a"'�i �Ri� ` ,�: �,.�: P,g � t y in S' king is st eqn to the totai Bond 5crnce �h �: t-��',�,- '� s ��,: � '� ,.���_;a. ,�,:..�.; �;� �I�:4��`�`,;;;; •��>y;ti'�` �: `�;,��::'�' - Requiremcnt of ihe Bnads then outstariding, pfus the amount of redemption premium, if any, ihcn duc and ��-�'''};�'rs.4,,����.'.�+r��.F� ,1, ' � _ , � ' � � :;.� � �`l «z''�;';' ��-'� ;}��?`� �`��` �`' '''`��` � ;!4;'�':, • therca[ECr to become due on such Bonds ihcn nutstanding by aperation of thc Bond Amortizatioa Account. ::�:=�>��hti+`����r4=�=��` �=�'�,4���=' � ,�, .. . ,,,.'�;:,,�,. a �..y,.. • � �� ��,.:, .';..,i:�'�',lf, ..:5.• .�� r��".�s�= n '� .��y:�.;s:a'�:��i:.4;�.r'�7�4v':'•� t .i.;�:,. :;. i.,,•.n-x, .�x.':: •.l; ;�r . �i;,'�''`i:•� ,�r.,:•i�'jY"i:`. ' �.�` :i' 4.' . it; . ' i.'.r:' >�: "..,,.�� \�� . :'{�., '�,...� �° t. �.� :;�:;'�;ri��•� ';�;�:�,�yI;+;s� �44�• i� �;5, ,�;.s', ',:� {7) The Tssuer shail ncxt app�y and deposit ihe mancys in the Rcacnue Fund into �:�: ��'�';,-'� -: r`:'�.�,�;,ti. F' ' ;� ss'y .�• .,� . .r �f,,L_,.?�"P""°�.+�ti�.!u� ;1T.`Y�' �;�¢-`:����,� :;::��?•` ��u`:�c:-:.�'rs:,°;,`{,'�'� a special accoant ta bc knawu as the "City of Clearwater Gas System Rcncwal and RopIaccment Fund" �„'_�"''� :;��3;�,.„. •,;,; : -� ;:. .�; �'•.�. ;3'.', : . . �r.�� ;�f.�.°,. , �. � x�:,'•`, . �.;r,� ���, . :'' :�.:e=,�.��,.. `r�° ;' ���, ��,� ti>;;''.,,`•,.� _ '� (hcrcinaftcr callad thc "Rcucwa! and Iieplacemcnt Fund"), which funci is hereby creatcd arid establishcd. Thc :;;�;,� '.�,�3 wli�f•�r�,�i', ', - n}'" :r.'-€��'=:r ��;�^:•r� ;�':'_ `� Issuer shall deposit into thc Renewal and Re laccmcat Fund aa amount c ual to one-twclfth 1 12 oF an ?` ° y`'f; x•�''s :lz!;`.���""'.�' � ��°. �� ''= •+=•w,. �r � ;tr .�.��,,,��:•: ": ;:. � P 9 � / ) -ti;r, r ;�,;s� 5..t �w„...,. y�: x„�:i4� �.f; �:y'=:'n1.? t, �� E'>!.' p: ...;''-., z'„-�.'"r �°- amouat e ual to 5%a of rior car s Gross Rcvenues; ravide howevcr, tl�at so lon as there shalI be on de sit �" �� }5'� ��,�;�. ��.'x' '�'��,�.',�,� .� q � Y P � � P� �: ��tti 3f i' S�'1,.,_, . 5:..,.:.t. f � �_ , �� ., !. .'� .,� , ' � .�'.a�'{ii'n' , r A '� a�;t s�'i:�4I�,'T�.��� �.�,,�+ ��tke�': �.t��',:� �;:�� ='� ;::,! in such Renewal and Re�lacement Fund a balance, of at lcast S3{10,40U, no additionaS depasits iII such Funci shal� ':�5,.;. ;,,, ;s� r� w��.��� . �;:'�ti �i ��"+'.ri' ; r.°„� `�`��� •�_ : z-,;' ^' �. h$ rc uired. '1'ksc mont s in the Rcnewal and Rc laccment Fund shall be uscd ni f r h '�?;�'-��-':�,t;�w "�` �.:,�!:,F���� � �� ,'��=,� xr : r. t., .:�,;.:;t . � 4 Y P o y a the purpose af payin� .r�;,� F, :; f, f�... f, E .9'. i.;{��N'��d .is,•�;, :'i' ;�...��.,:;;�r,•�.,�.�}�,;:,� �i�: �.:�rr�_ ,: �:r`i::: rts: �;�':4-.�:��.'�:°ec?°�s:�;x�;. :��'�-. the cost of extcnsioas eniar�emcnts or additions to or the repiacement of rapi[al asscts of thc System and ,:�..:�,,:�.�.�- ��ti:��?�, �_ ��` , � 2;.. , �I F� �L�.�� k � emergcQry rcpairs tb,ereto. Such moncys on deposit in such Fund shall also bc uscd to supplemeni the Rcscrvc Account ii neccssary, in order to prevcat a dcfault in the paymcat of t�ZC principal or Amoriization Instaklments of and intcrest an the Bonds: ($) Tha balance of any moneys remaining in the Revenue Fund after the abovc rcguircd paymcnts havc been madc may be used by thc IsaUCr for any lawFuI purpose. {9) Thc Opera[ion and MAintcnance Fund, lhe Sinking Fund, the Renewal and Replacement F�ad, the Revenue Fund, and al1 accounts therein and any other spcciai funds heroin establisl�ed and created shall constitute trust funds for ihe purposcs pravided hercin for svch funds. All such funds shall be continuausly secured in the samc manncr as city dcposits art suthariud to be securcd by the laws of the State of Florida. Mancys on dcpasiE iun the Rcveaue Fund, and the Sinking Fund (exccpt thc Rcscrve Accaunt thcrcin) may bc investcd and reinvcsted in tho manner providcd hy law providcd such invcstincnts cithcr mature ar arc rcdecmable at not lcss thaa par ut the optian of the Issuar not later thats thc dates on vvhich thc raoneys an deposit thcrcin will be noeded for tha purpose of such fund. The maneys in rhe Rcsnrvn Account in th� Sinking � 8-11 � ,.r, ;• <'•: � .�,u �,�,-„'.,� m � ' ?� �=, , �� ;:�•� li . �j' �° �' �� ..; ;• S 'fr'7 E;.' :t �� � �M„' � �:1 •, ,. � : �� .; e� � _ �. \ � � �l � •r� 'f..':�`'! . . . ..� � . .. . . . . . . � . . , a� . , . . .. . , , ' • 'I ' .: . +klt.1`4.F'� i� .t.t= ♦" j . .r� �_�..,�,,. M4i e�rrw[���'. M�. .F • �y'. y �. � ' ; , j ..� R. ,,, .ts.�.°� �;ii.. rr:,i ��,s�, "ak ;' ` 7 :� '` ` � .>t:� '� �?`��':i�'4::'�-�C�� ?�. 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' '. .:�K ss.f�cj`'�K'��:r��ii:fi>'.1:q3.�}�p�ti;,�+,' .�:.. �,v�".•�� '3t��'r•s�.".j�{li 'r;Yi<:,S"i.—t1;F—.��id.:r`..;,ot3� . � yS�'�4N.T . 2# •./� � 'f::l!�' � ��� ' . 3 e"�?lj,er:�in-1}-;`�_ i',;,'H. i�s.:k7,i� :�f'.:.1�����'-.f�.:^ 3tt, kr� , 1.{. .'L:itfis�r� i.' �S". .i•`:r�:���1<r+n wc..^.1-'.4�f.i_'+::}`.�:�=__�4.'+'.�s,�� _;)r,.c' , Fund and in tLc Rcncwal and Rnplaccment Fund may be invested and rein�ested aaly in Authnrizcd Invesiments, in the maancr providcd by Iaw. All incomc on such in�estmcats shall bc dcpasitcd into tha Revenuc Fund; provided, howcvcr, that invcs[ment incomc carncd in tbe Bond Amortization Account s�all remain thcrcin or be transferred to tbc Principal Account or the Iaterest Acco�snt and used to pay araturing principal, Amortization installments and inicrest on the Bouds. The cash requi�red to be accounted for in cach of the foregoing funds and accounts may bc dcpositci3 in a sin�c bank accounl, and funds ailocatcd to thc various accvunts cstablishcd hcrcin may bc i�vcstcd in a commou invesimcnt pool, providcd ihat adeqtsatc accounting reCOrds arc maintained to re[lt¢t and control the restricted allocatinn of the casH ou deposit thercin and suct� investmcnts far the various purpnses oi such funds and ar.counts as hcrein provided. The designasio�a and establishmeet of the various funds anci accounts in aad by this Ordinancc ahall not bc construcd to requirc the establishmcnt of aiiy complcic�y indepcndcnt, scif-baZancing funds as surh tcrm is commonly dcfincd and usod iu govcrnment accounting, but rathcr is intcndtd soleIy to constitutc an earmarking of certain rcvenues far eeriain purposes and io esiablish certain priorities for applicadon of such revenues as hcrein provided. (D) OPERATIQN QF BQND AMQRTIZAT3dN ACCOUNT. Money held fnr tk�e crtdit a[ thc Bond Asnortiza[ion Account shali be applicd to thc rctircm_nt of tcrm obligations as follows: (1) Subject to the provisioas of Paragraph (3) below, the issucr may purchase Term Boads then outstanding at the most advan[ageaus price obtainablc wiEh reasonable diligenct, surh price no[ to cxceed [he Principal of such Tcrm Boads plus thc accr�ed intarest to thc date oi delivery lhereof. The Yssuer shail pay the intcrest accrucd an such Term Bnads to the date of dclivery thereof from the interest Account and the ptsrchase price from the Bond Amortization Account, but no such purchase shall be made by the Issuer withiQ the period of 4S days immedialcly preceding any intcrest paymcnt dutc on whir.b Term Bonds are subject to call for redem�tion, eaccept from moncy in cxcess of ihc amounts set aside or deposited for ths reelcmption of Tcrm Bonds. (2) Subjcct to the pro��sions of Paragraph (3) bclow, whcnevcr su[Gcient mancy is on deposit in the Boad Amortization Account to rcdecm 55,000 or more principal tunount of Term Sands, ihe Issuer may call for redemption firorn moncy in the Bond Amorti�ation Account such annaunt of Terna Boads thcn subject to redemption as, with the rtdcmption premium, iI any, will exhaust the money iheA bcld in the Bond Amort'szadon Accouni as nearly as may ba practicable, prior to calling'I'erm Bonds for recicrnption, the Issuer shall withdraw from the Interest Account and `rom thc Bond Araortization Accaunt and set asido in separate accounts or dcposit with tl�e paying a�ents the respectivc amounts rcquired for paying the untcrest op and t�c �rincipal af and redemption prcmium applicahle to the Term Bonds so called for redcmption. {3) Money in the Bond Amortszatioa Accouat shaU, bc applied by thc Issucr in each fscal ycar to the rctircmcn[ of Tcrm Boads then outstanding in the followin� arder: '" '� a The Tcrm �onds of cach scrics of Baads, to ihe extcnt of thc Amortization �'z�;� Install�ncu[, if any, for such Fiscal Ycar for thc Term Boads of cach such .cries thcn outstasiding, plus Ihe �r: ;. x;=,� applicable premium, if any, and, if thc amount available in such Fiscal Ycar shall not bc su�aent therefor� thea t;>'��� in propnriion to the Amortization Instalimeat, if any, ipr such F'�scai Ycar for thc Term $onds af each such ��';: ;'� serics Lhen outstanding, pIus the n�plicablc prcmitsm, if any; provided, howcvcr, thAl if ihe Term Bands af ttny 4f,� such series shall not theu be sub�ect [o redcmption from mpncy in t6c Bond Amortiz�tion Accourit and if the �"'�� Issucr s4�at1 a[ any time be unablc to exhaust the moncy applicable [o thc Tcrm Bonds nt such series under tbe r:.: ��4;'t provisiocu of thi5 clause ar in ihe purc6ase of such Term Bands uader the provisions of Paragraph 1 af�ove, such ��� money or the ba�aace of such moncy, as the case may b�, shal� !�e retained in the Band Amortizatioa Accauat and, as soon as it is feasible, Applied to the Term Boads af such series; and 0 (b} Any balancc then remaining, othcr thsn aro�ey retained aader the first rlause of this paragrapb 3, may be applied to the retireme�t of sach Tcrm Bands as the issucr ia iis sole discretion shaIl determine, but only, in tha case of the redemption of Term Bonds of any serics, iu such amounts $•12 . 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'a�', r..r ;i'RI.�+�' F1'�F ' �`' �Ir,.l.: �S's� " ''S . � 4`` ..i �L�,ii,T,ey1i: ::V:�l� ��� .� . �: i''r;?1.5����}•-'• .�i'Z�' �Li::�'�"'� "'R' '. : iy� l,h j,.e.� ?� l, y�t .�.y'�f"..� �.�. k��,:{�; ��y' :�ttir��t r}Y:�tif�i�R!�� r'i��l �:;['+•.i+:, l���y:;�t`.`e� .. .�l•:t.i1��"�4.i��Kt*f•'T'n����.��y.i;�i�lt�_;.1:.. � � � . . . �, t. , �... ._ i:�,.�:.:...,c-u.aa..._...��......,��.... _..... ...._ .. , . .._. . . ..s.. ....� ... ... ..... .... . ... .. ..... . .., . .. . �. .... .... ..�a._a.:,,:al.t1•.:.�....�--�i".C.n,.�i5L;:71�' .. -'.: ,,.��;�b.', . � ' � y'/i.i t'.'' ; j; � � �!' J.r: �'';. j1 �. 'a:' S^r4tf•i+ ,' e, � �',;,',.'.1 r.'ti:�,, t, ��1 �'t.,��•��.'19rY�l:'�:�• .. fJ f' : i i ��['/ . � '.W `'�'' �: i.•i.;�; 7'.'� � }�; f�i: Y?. � a;A', i' i,��•�t ��� and on s�sch icrms as may bc provided in the resolutioa or ordiaancc authori�ng thc is.5uancc of tlsc obligatioas ...';;�,; ;,,,,;,,;,,fr,,; 7;�: }� ,, �� of s�ch sarics. �,;,� ;:.,��.`.•.?. ,-�., ., �.r�w,hf ;�,� .'..�.";:'�:i.i"'.,;.e1i�',.. I"!'-- ,Ti:::''� ;',.:':�; :�;�: �.i�f": i {4) The Issner shall ciepasit iato ihe $oad Amortizatinn Accouni Amortization � Installments for tlxc assiostizatian af [!ie prin,cipal a[ t6c Tcrm Bonds, tog�tiscr witi► any daficienGir.s for prior rcquircd deposits, into Wc $aad A.moriization Accvant, such Amortira�ioa lnstailmcats to bc in such ama�nts and to bc duc ip such ycars as shall bc determiacd by rss�lution ar ordinancc of the go�crning bady of thC Issucr � prior to the dclivery of th� Bands. Thc issucr shatl pay from thc S'inking rund all czpcnses in connection with any sucI� purchase ar rtdemption. (E) OPERATION AND MAiNTENA,�ICE. 'I'�c ]ssuer will maiatain the System aad all parts thereaf in good conditian and will operatc thc same in an eFFicient and ocanomiral manntr making such expcnd's- tUres far equipmeat and for sencwals, repairs and replacements as m�y be proper for t�e ecoaomical optratiott and maintenance thercot. (F) OPERAI7NG BUDGET. The Issuer shall anaually, prior to cama�c�ccarcnt af each of its Fisral Yzars, prepaze and a3opt a dctailed budgct or budgets of thc estimatad expenditures i'or tt�c operation and maintenaace of t�e Systcm during such Aext succecding �scal Year. The Issaer shall m�il wpies of s�ch annuul budget or budgcts (including aqy acncndmcnts thcrcto} to aay Haldcr oc Haldcss of BoAds who shall iile his address wii� the Issucr and reqvest in writins tha[ copies of ail such budgcts bc furnishtd him and shall makc available such budgeis af the Systcm ai all reasonable times to any HoIder or HoIdcrs of B�nds or to anyone acting for and on behalf nf such Holdcr or Holdcrs, provided thai the cost of reproducin� and maiIing such budget ar bud�ets shall bc borne by thc Holder rcqucsting such bud�et or bucigets. {G) ItATE ORDINANCE. The Issuer cavcnants to fix, establish, rcvise from tune to timc whtncver necessary, maintain and enticct always such [ees, rates, xentals and othcr ci�arges far the use of the product, services and facilitics of the System which wil! always providc Revenues in cach year sufficient ta pay, and out of such funds a 100 of alI Costs of O eration and Maintcnaacc of the S stcrn ia such ear aad ali p Y, % P Y Y reservc and ather paymenis provided for in this Ordinancc and 125% of thc Bond Scrvicc Rcquiremcat due in such year om all outstanding Bonds, Such rates, fees, rentals or oiher c.harges shall aoE bc reduced so as to bc insuf�cicnt to providc Revenues ior such purposcs. Ttsc Issuer furthcr covcn�nts assd asrecs t4sat the Zssuzr wiii annually wit4un thirty (30) ciays afttr adnptiaa of the budgr,t described in the preccdin� Subsectian F revise such fees, ratcs, rcntals and athcr charges for thC use af the product, scrviccs and faciIities of tbe System to ti�e extent neccssary fQr the estimated Gross Revenues to be derived from the operation of the Systcm during thc ne�c! suceccding Fiscal Year to incleasa nvcr thc amaunt of actual Gross Rcvenucs from the operation af the System for thc aca� preccding Fiscal Year by t�c amount that thc estimatad cxpcnditures for aperatian and maintcnanca of tht Systtm during such ncxt succecdins Fiscal Year shall cxceed the actual expendiinres for operation and mainienance of the System during suc4� ncxt preccding FiScaS Ycar. (H� �QOKS AND RECORDS, Tlie Tssuer shall also keep haoks and records o€ tho Nn[ Rcvcnues of the System which shaIi be kept separate and apart from all otber baaks, records and accaunts of the IsSUCr, and the Holders shall havc the right at all reaspnablc times to inspeti alf recards, accounis and daia of thc Yssucr rcla�ing thcrcto. (T) ANNUAL AUDIT. Thc Issuer shail also, a[ least once a ycar, within six moaths after thc dose of iis Fiscal Year, causc thc books, rccords and accounts rdating to t�e 5ystem to be properly sudited by a re�niz�.d indegendcat fum a[ tertificd pabtic accounias�ts and shail make gencratiiy availabla Lt�o report of such audits to any HoZder ar Holders of �oncis. Such audits shs�ll contaia a complete presentation a[ frnaacial statcments in accordancc witli generally accepied accouating principlcs. A copy oF such annual audit shall regularly bc furnis6cd io aay uationaliy recogiizcd band rating servicc which, upoz� applicatioa of tbe Issucr prior IO [hc iSSUas7Ce Of Ihc $Onds, shall have pubIished a rating on the Bnuds arrd to any Holder of any Bouds �yhp '"-�'7�'�`�L — — � B-13 . . -- �.� � � `?�`'�v: . �,: ..,�. �'�;f: ^-'-- �,°�:;, .t.i'y; ° ��n_� t�)r : :.� 1. i/���SI �i '�s+ t'` :�• k.V �. •_y��;'` ' C:,� .p.;i i. 5 �'; � `'%�'�a '�S. 'L .:r ;`k ±'r �'' -�a��: �.' :r�� �•�'•a :,� .', „ "� �;,�; �5 . „����,�; r ' 'ri, `�,ys ,c;�'�"ti�; r ., '�`i�' `r, •� t'y'l•(' � � 5 ' � . �t:�..t�,;a� ' i`S�`7 .�,',�����:: a � i s•. ;-� -.; ,,. �� , �` �., �,' � �. � .y� § � �'s r';. �fi,' � 'r'_=. . � � v 7'� .°f:'�'i'.� .�i:i'.. ,,'.'.•.�z":.i.;4,., `t - �.t , _l 1 �.'.;''il.' , I ,,�y�,.'*�r��iN; �;, a i; t' �=.:;;'�t� :__=• c�,: �• ':i'r��L,*F» � ., '"; t ��3: �ixi',t4, ." '.�4�,.�a. �� � ; .�� �.'t�. ; �s?�,•� �' ;'Lr' �sf�7;.��'4n;.`;� � ;.i;�,� F�J�;,-�,:�,l�. 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Y . . . : q':. �" , �: ' ' .�,•��e.f '{ `•;!: i�'�. {(�• '. , . � v d writin th co rc b� furnishcd tum rovid hat thc st of : �e:' :}�..�,.,_. r:, r,�.`�:��, i.' . `:, ,.� (;';{.':r�r.�:.'.��'�, ,: .�, shaZl ha c rcqucstc in g at a py of such ports , p ed t co �';..�'.. •'• ��;'.�::. 1•��. ;�R��.o; z,,�.,. re raduc.ing and mailing sur.h rcports shall be bonu by t�c Hnldcr rcquesting such reposis. �`':,'��, �' '��'''� �' °� `'s?�'�`" � p '�F.''� w?� ' y. �r�:i�o i � , . S ^ +.;�tY . �R,w � i �s �'','. ",.'� S.;iy ' ' ' � .� •i: .'i.: � 4 � �;F.z .��. ` � ... � r,.�',,.',e Iy;.'4 . } t, '1'. �.;; �,: - ' " `, . � �'�` . � V .SS,A' ` : � � ; �...",�; :. ;. . � �: ' :.,; 1,; , �.;: �• '� I�i'•���� �4 i •. • . ...�e�r�, j�. :.�,{ < :., ..�__;� 'Y;S ��1: ,+x'. - •� � �. . ' ' ''',`�,• "�'�;';', ,is.. .. , , �s ^,.. _ .3 l 2 , `,.+', ..<: I'�. f�.� .:=t_ „�,' . �.� � F. '•S.:! �fi:'����i:�,' �•�v� ,4 :!` , �°; : ;.. , = , ; .'�:�;'_'. .,�. ;:�:� . tir' � ' . :_ ` �: ! r `� � �' + � '` �, • .;` ;�, `e .'; 4 •3, e i:'; e.`e'�F, � :,`�} . ;�:u:`�,` ,�.� �r. t':� '-.t.,�,:s �:, , ���i'�:�; r .,�-.,.�,;.z�.,':'.:{;�;�i... r. ; ' r?" ����j ��:r �:..f'" �f : �' � i ;.` ;. 11�fw '.,�.•t`��yc`�� 'S�''I ' _`. ;,jy»1i'ui:-sl't �_ �`ri:;.�:;' ,I�i; �+: � i�, '`:r'.i,'}'i�N i Y=r >�7•' �*l, a',;y;'� �.:'' i. 5..�{�s�i,jj,ta;4"',^' �•.ti�,(��•t.�' �Y, '{� .T:1:��4�Sf�l�t�<�y?'.�'�'�1�';'�.'��`�'•�•',;;'. '� r,. rr,.• `. . ; • � ; , ��•; ,-i '>•:�=�t�� �; a :�� � :�.:..�:;:��°.-�..;''��� .� . (3') NO MORTGAGE OR SALE OF THE 5YS'T�M. 'The Issucr wi]l nok sc1I, leasc, mortgagu, ptedgc or athcrwise encumber the Sysicm, or any substantial part thcreof, or any reveuuts to bc derivcd therofram, cxcept as hereia provided. The forcgoing provisioa notwithstandiag, the Issuer shall havc and hercby reserves the right to scl�, lcasa ar otl�erwise dispose of any of thc property camprising a part af the Systcm which thc Issuer shall hereafter determinc, in the manncr provided hcrc'in, ta bc no longer accessaty, usefui or praLtable in thc operation of thc Systcm. Priot to any stsch saZc, lcase ar othcr dispositioa of said prnperty, if the amouat ta bc rcceivcd iherefor is nnt iu racccss of 550,000, the Ciry Managcr of thc Issucr ar other duly authnr'szed of�iccr in rhargc thereof shall makc a finding in writing determinisag that such properry comprising a part oi the System is na fonger neccssary, usefui or profitab�e in thc operaison t�ercof. If the amount to bc rcccivcd from such saic� iease or ot6tr disposition of said groperty shall be in exetss of 550,000 but not in cxeess of 510�,000 such Ciry Manager oc other afiieer s4�alZ iust maice a fmding in writing dcierminin� that such properry cainprising a part of thc Sysiem is nn longer nccessary, ustfttl or profitable ia the opezation thercol', and thc gavcrning bady of thc Issuer shali, 6y resoludaz� or orciinanre duly adopted, approvc and coacur in the �'mding of such City Managcr or other afficer, and authorizc such saie, tcasc or other disposition o[ said property. If the a�ount to be rcceived from such sale, )case or other disposition of said pr�perty shall bc in cxcess o[ $lUQ,O(3D but not ia excess of 1Q% oF the value of t'ixed assets of the SyStem according to iha most reccnt annual audit report, such Ciry Managcr or other offictr shall Grst rnake a finding in writing determining chat such property comprising a par[ of thc 5ystem is ao langcr acccssary, usctul or profitable in thc operation thercof, and the Consulting Enpneer shall mako a Cin�ing that it is in thc besi intcrest nf ihe System that such property be disposcd of, and the governing body of the Issucr shail by resoiution or ordinance, duty adopttd, approvc and concur in tht findingS of sucl� Ciry Manager or other otficer aad oC the Consulting Enpneer, aad shall authorize such sale, leae�e or other disposition of said property, .4nything in this subparagrapb (3) Io tbe contrary no[withstandiag, nothing hcrcin shall restrict thc govcmirg i�ody of ttse Issuer or, to the extcnt sneh suthority has bcen vrsted in 6im hy such gnvcrn.ing body, thc City Manager in the exercisc of his discretion, from authoriting thc sale nr othcr disposition of any ot' the property comprising a part of tho System, if tht Consulting Engineer shall cestify that the Net Revenucs af the Systcm will noi bc materially advcrstiy affecied by reason of such salc or disposition. a Sur.h procttds shall bc plar.ed in the Renewal and Replacemeat Fund or uscd far thc retire- ,, mcnt of outstanding Bonds, in sttcl� proportions t� be de[ermined by the governing boaiy of [i�c Issaer upan t�e ; I racommendatipns of thc Ciry Managcr. The payasent of such proceeds into the Rcncwal and Rcpiacement P�nd .i shall nat reducc �hc amounts sequired to be paid into such Fund by other provisinns herein. Anythu�g in this subparagaph {J) ro the cnntrary aotwithstandit►�, nathing berein shall prohibit the Issucr from transferring owaers�ip of the System to another governmental cntity iu accordancr: with Scction 21 ��rcof witbout complying with the provisions oE this subparagraph (d). (K} INSURANCE. For so long as aay of thc Bonds are outstandin�„ thc Issuer will rarry adequate i"irc and windstorm insurancc an al! buitdings and structur�s af ihe works and properiics of the Systom which are subject to loss thsough Fue or windstorm, and will at6erv.isc carry iaswanc:c of all kinds and in the amounts normally carricd in the operatinn of simi�ar facilitics and propertics in Florida; provided, howevcr, that in lieu of such insura�ce tbe Issucr may establish a qualified plan of self-insurance. Any such insur�tnce sf�alF be carried for the bencCt af the Holdtrs of thc Bonds. A!1 moncys rcccivcd for losscs under any of such insur- aace, except public liability, are hercby pledgcd by the Issuer as sccurity for the Bonds, unti3 and uniess such proceeds arc used to rcmuiy the loss pr ciamagc for which sucli procccds are reccivcd, either by rcpairing the property damagcd or rep�aciag the property aestroyr.� as soon as practirable. � 5-14 a ";+�;".,'.i �:�+ •. !r�,.�.;; .�ii � "'; `r. :7� ° i"";K�rti�` r r� s ?„� �, t�i.� r� X s�: . .1�- �.,i.t�rA. -, i�.�.4,...�; �•.�"7';Y�sts'�'i. . tn0y ' .<�- f;tKi: � ti� �+ ' i «�' ` ,' k�t�i,• i.�,tt,��=!Y��r'f�>'.t���t�'3�Cit: -��.`�'�� � ����` -;`F �:�,;. �);t,.�t�,;�-��}� i�;:.. „���'��' '� '� �:r .�.�:.,:,�: ���� �'t rti�� �.%� �� i�4 "' �; f�: ��,¢� ��)".� � t� .I"r� y,,i StS'. .` r� � r` ; {,f��?r�. ��4• , ,: �3�n.,iC.y��� !���,. ,.ii�.fr.;.;•�- . iki..r. ..'�?:SktKr_3a1!4!i+!°'3'_'.�' :ai."_�L:��F."..i. , " :,jj,,, ;���������i�; 3(:l.r.�'•;�';'a �y:';i'�y�� I��;�;.�;y�.'=�i'�' ;%��'� �'R'�t'�i''^� �� �' �.:f:' '�';i:����,4:r'� L i :. �.,, �;,»; `y;: : : ;�'.av :./ • .: cf�� '.t;•; �;;`�,.;' : <<,; ;. . , ;:'' ��1: .����� .:(a.�,!��r,` L;, ::� 3 il.i ;:�� �ti. 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' ; � '�.. r . ,,� %',r ,s. . �i��:�'.�'Sii.. 51d"i'�i. :�:��}{y�ii ' ..t` .• . ' . . { I.. :=.1 ^s���°��'41`nC»'�,�f ,4j S. � '�� �' �� (L} NO FREE SERVICE. The issucr will not rcnder or cause ta bc rcadered any lree ����•°� ;`.� ;� t,°�'"' �ti�'�;�����' 1�� ,�f. , . ' . ., , � ,�<<��;i.�r�,3�'.s �r.fak. S' � . .•"lr�:•. �.! j . � � � services of any rnaturc by its System, nor wiil any prcfereatial ratcs be estabiishcd far uurs of t6o same class. �' � .,..:{ r�, ;.,,�i'�`�` Whencver tbe iss cr in udin �ts ar cnt c es ;��'YS.�`�.. �•�ry�'�.{ x-, r;��'�� '; . j � . � u, cl g dcp tm s, ag na and instrumentalitics, sball avail ilself of the product, �.`�' ,����,:":�,;�;�';�`� n���� ` �} 1 . 'i'.' ' F ��•',:i,�/y-"�4;Sz' u4.i'. . ,� , � f dli 'd d b h 5 t t th f th sam rat fe or ch es a licabl to � �°=� }� ��•-��� _;;.'';5`� ', . `! ,- ..',.� .;' , � f', , ..+_ `'�, ,; .. , 1 , . ;�-' ' . , � � .. ` . � V. '','. 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I�ti�1F��:'S�y���:" i..y� 'yay��::�:t:� :.��,�+,� _ ��. �t��Y.i,?� �5,� �i�t.1'Nrol�ya...: �`�y,:. �•�'. ��}:4'F�rs.s={:' +�': �:,<<:;i�.ir.��.t �'�_'" ''�'• ,�, .�� :k.:�::; :_+;�,,�,,.,�,n:�= �` �,� ... �r""�:��!��;+.>.�'.::.�:, ��'�=�' .r^' i �.��'�����a�jr����t'i� r„p.i�s�','.�.y�.'�''.;' y3' �,4i ,;��1 1�� '.k�R'i-•'.V..'Yw-�•` ic �, ,f'.�� ry�Y�'fVf��S+ir�. �s�r�t�ti.��; �e'.',4��� � ���'ir��t..��.r�it' ��j-.�y` i�.4a,q�: � �:; �� •�'� e �°,�� ti � S �,l .�'�-r.� 'j._:'''•� � : � C, yti �,..N.' �"�' . � Yt . 1" �� } `�� '[ �• {�.: �i � �� �j 'l.�l� �i��`J�')I�iy31�'�:i:�:��E �` ��. � ,; ,- �'���,`,�.���Y�i. ��F4'��'a��k�?i��:�ti'f=�it'?f:b�., a ucs or scrnces pravi c y t c ys em, or any par erco , e c cs, es arg pp e nthcr cttstotners Yeceiving like scrvtces u�dar similar cisciunstaaces shal! be cl�argcd to the i5suer an� any sucJn department, agency or instrumentaliry. Suci� char�cs shalI be paid as tttcy accrue, and the Issuer Shall transfer from its gcncral funds to thc Rcveaue Fttnd sufficicnt sttms to pay suth cbargcs. The rcvenucs sQ receivcd shal! bc dccmcci to be Revcn�ses dtrivcd from the operation of lhe Sysicm, and shail bc deposited and accounicd for in thc samc manner as other Rtveaaes derivcd irom such operaiion af thc Systcm. {M) ENF'ORCEMENT OF CQLLECI"IONS. Thc Issuer will diligeatly eaforcc and coIlux ttse sates, fCCS aad at�er rharges €or tlso scrvices and facilities of thz Systam k�erein piedged; wili ta1�e all steps, aetions and procccdin�s for thc cnforccment and calIectian of such rates, charges and fecs as shall became dclinqucnt to thc full cxtcnt permitted ar aulhorired by lavv; and will maintain accuratc recnrds with respecc thercof. All such fees, rates, cltarges and revenues hcrein pledged shall, as colItcted, be heId in inist ta bc applied as herein pravided and not othcnvise. The Issuer wiIl, �nder reasoaablc rulcs and regulations, to the fvll extcat permittcd by iaw, shut off lS�e connoction of any asess of thc syst�m for uon-payment nf fees, rentals and othcr chargcs for the scrvices of the System siad shaIl not htrnish him or permit him to reccive from thc Systcm furihcr seNicc until a11 obligations owcd by him tt� lhe Issuer on accouni of services shall �ave bcca gaid in tu�l. (I� REM�DIFS. Any Holdcr af Baads issued nnder the provisians horeof ar any tnistce actin� for the HoIdcrs of such Bonds, may tither at law or iva equity, by suit, action, mandamus or other proceedings in any court of competent jurisdiction, proiect and enforce any and all rig,hts, including the right ta tht appointment nf a rcr.eiver, e�asting under the iaws af ihc State of Fiorida, or ganted and containtd hercin, and may enforcc and compcl thc performance o� all duties rtquircd herein or by any �pplicable statutes to bc performed by Lhe lsseser or by any aifiicer theseq[. Nothing hcrein, hnwevcr* shail ba construcd Io grant to any Holder of the Bonds any licn nn thc Systcm ar any real prnperty oC the lssucr. (0) CON�ULTlNG �NGII�ER. The Consulting Eag�nccr shall provide thc Issuer with compctent engineering counse! affectiag �be proper, efficient and economical opnration and maintcaanec of the Systcen aad ia conneetion w'st� the malsng of capi[a3 isnprovcments and rencwals and replacemants to tha Systecn. Thc Gas Systcm Managcr may undcrtafcc tl�c dutics of Cousulting Engncer for p�rposes a� this Qrdiaanc� so Iong as such Gas Systcm Manager is a ragistered engneer i.a the Statc of florida, prnvided howcvu, that the Gas Sysicm Managcr shall noi perform the duties of Coastilting Eaginccr as rcquired in Scctioas 16(J) and {T} of this Ordinana. (P) CITY MANAGER REPORTS. Aa an anaual 6asis, the Issuer shall cause to be praparcd by t4�e City Maaagcr a rcport or survcy ot the 5ystcm, with respecL t� th� managemtnt of thc properties therwf, the suffiaency of the rates and charges for seivices, tl�e prnper rna�ntenance of the properties of tile 5ystem, and the aeccssi�y %r eapital imQrovemcais a,id recommcndatiocu therefor. Stsch a repos[ or survey sba1S aSso show any failure of the Issucr to perforra or com�ly :vith thc covenants hcrein ca�taincd. If fluy such repott or survey of thc Ciry Managcr re[lects ihat thc rates and charges arc insnfiicient to grotect the ri�ts of the Bondholders, thca thc Issuer shalI take sucL steps as �re requircd Uy Iaw to raisc tbc ratcs and charges for scrviccs of tbc 5ystem. (Q) NO COMPETING SYSTEM. To tho f�sls zxtcnt permittcd by law� ihe Issuer wil� not hercafter grant, nr cause, cvnseat to, or allow thc grantin$ oF, any franchisc or permit io any persoa, firm, corporadon or body, or agency or instrumentaIity whatsoever, for [he furnishing af comQeting gas scrvicxs to or withia tbc boundaries af We Issuar, Pravided, hawevcr, that if the Gas System Managcr renders an opinion that it would noi be fcasible for the Issucr to pravide such services to any specsfic area within the threc yea�s � r B-15 . . . . ���. ; _ --•�.,,,,y. � � � �''1S�''i .:':'�; �-�`'��: b,. :��: m -a ���� � �: Lf H •� ,i ' .� ; '`�;��r t y1.z x• ` r � � ��, � et; ..'Y'_^, 1'�f'� y �f � � nat,�c�'S�iai.,r, Y:'F�''; ��.�.. �'}.� i5�.,� ,�,rC! ,i!%.:Frf.�?�� . .. • s 3is:a+.r�� �'�- #'' : '^�k i��.�=�w}; . � e f p�aRit'�'L.f�,:��.*�����.rz� S : c F. ";' 4i:%��� °,;:"tij;r�':' �.� 7� ,�Pl�i" i;�;s �:;3e'• '`t ;�j•? s .•1 .`:rYr.F�' �lA?•'�� `4 FSS`. 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':tit'i" ��": ''�. ,¢+ , � ' • . , • • . . � i.� . �i. S•` • ,� � r. , . ' • � � . , i - ' !•• . . . ,'�e'�`, `�� ii +, ' � � . 1 ' ' • ' L ' � � . . � a. � .i t' � _y. � ' ' " ' . ' , t . 1 . . ; . � . , ' t • • . � . . . : . ..� . � . r�'' ' . . , � . • . . . t .. �, � . . . � � �. � ' . , . . ' � . . . 1` "Ij . � � ...3 �. . ,. . � . . . . . ' . . . . . � � . F . il} iY.�'�1t .f.r„; j.• :2.' , ;I - . . . . .. : .,�� .'s..�{�P_ . 1 'K'�,, :f:�.� �}�' � y' . .. ` _ . . . ,_.__.. . . . ... . . ' . .. . . .. ..... ...__.Y���....r._.. iis. .'�•' 1 y �•��•j.�• 1,.:xC mi' � ' . ' _ , � �. ' ' � ; ' rF ?::� � � � " � - �',;F�'.x "�Y�:{;1.i`Ye4ib',.. .�- . • , � � i . . ::j �»�" !riF',i�{yi. , . iI . + �j+,-,i ,�:�{y'.'.::i;�:�,F.'; ...... �.y: . � i , . ..... . _. f �y , w4'.��.�' f•. ��' , � ' . ;� •i' �°;� �+�� �. ' ,� 5 , � > �,F�. ti 'er, - ., . , ;�i "�t;y,. aq',.�.� r � • ti'�;� � .G.,'%�;�'�sr,i_'�y�i.<e',r.y't t�.� �� •� �� ''� succeeding a request io providc such sarvicc, the Issuer ay a tLo ��} ` � g • ' s��.� � •, ::��i� "' m u li r�7.Ci Qr illl�W �ll(�. �i�� of such fraachi�se ''�,�'r� 1.,���414��}1i:AS;�:;�`% i '' �� � `"! ? ar permit far such arca Upon such tcrms and wnditions as it tnay approvs. :':;`;'y 6;=,;r'.v;�,:°•���,';� Y;�;�'�. i` .'i-' , ;� ' ' �,'.� :rt; ,, ;:`•�,;' y':���T�t�. 1 'i Z. : .�,,::^•�. . . . reti:'l�+"�`�':''';' � ��"7�+i=�� r .. . , .r �,.1' :�; :f.: � '�!" ; � � (R} UNLAWFUL CONNECI'ION PR�HIBITED. Thc Issucr has cuactcd an ordinancc '�:�' '"j�'�:;��:<;�'i� `� < <�,�.. �f �,, w;�k�, ' : � -: ; ; ;. : ', . ... . ��;,.,. . t= �-. ',. �; . making it untawful �ar any person or persons to tamper wit#�, chat�gc or uiaStc any conncetion with the Sysicm �tii.-y ,,,'i;:,����s-� ' �`r'.,; ,.;�` �i • ° wiihout the wtitten cr�nscnt oF the issuer, or to makc any reconntction witir tha Sysiem whea servict has becn :��; ;;��`��;�y `;���� �?�,. . � �:'� .�.' .� � discontinucd for dcIi� ucnt char es until such dclin ueni char es have bcen aad in full, including inicrest, �`� �;;������ ,�,�^. �'�°" ` .•�' ��i��� �' ' - � rcusanable pcnalties and reconnection charges. The Issuer wiIl diligently, to tha full e�eat peruttttcd by law, �.�.�-'��'�'� � t� �q� „�� �� � ' enfarce this cavcnant and prosecute any persoa violating the provisions of this covenant or aay peaal ordinance 'i:� �� ��� �; �'�� `'� "! ,. ? � `.. . . �.� .t'` ` . . ; �•� rC�SilA(�► IO �y1C SAII]C. �'`�"� � .' ����i�� L� ��; , . .: ��� �r�'�# ' , � C�j��f�fL, 1��! ti � , i ' .� �:. 'J!•. �;•• i.,. ` , *,�.;,;: l y ' '�''`� �' • . , '. '. ,; (S} �SSUANCE OF OTHER OBLIGATIdNS. Tl�c lssucr wilS not issue an}r othor obligations ;.ti�:N ; n�� ri;;x� `, �T z' ;� �' � `� ` ;. � t'. ��.��, ,. payable frpm the Gross Rcvenucs of the Systr.m nar voluntarily creato ar catuo to bc creatcd ttny dcbi, IiCn, t 4�� ;;�� �:t,'�'�'� '� '�.� "' �, � ��;.•�, � 1 e i ent cncumbranct or aiher char e havin �riority [o on c�ing oa a pariCy wiih tha leeu of the 244i h'���"�";������ �� ���� ` 'i.- �..�,,i...i` ''i,�' ': '•f' p C�� ! a55 �ll� t � g :?= ��it �l�a 3Y i ;.1` :�-�? ��•°'�� <<� �'��,: Sands and ihe iuterest thereon upon said Revenues except under the conditions and in the manaer provided �r:;������,,����`"�'��'���F' ; f. �:;; : r;.. .��A '� :: ;,�::'. hercia. Any obligalions issucd by tbe Tssuer nther than tbc 1991 Bonds l�crein authorizcd and Additivnai Parity '"`-r'�.��.@��"�•�',�'��'` �� .'i,,�,. ^;r�:��`� .. *�,'�. . �F��:•i• s.'n��3' �`; :�,. ;: .'- ; 3, ; s_'�, ;;.. Ohli�ations providcd for in 5ubseciioa T below, payable from such Revenucs, shall cantain aa express siatemcnt �..f,t.�.i�';�;�,i�; ' �;�;'�'}�°�,;'_ •��� �'�;.,:'--` �'• �� that such obligatinns arc jumiar aad subordiaatc w aIl respccis t� tha 19J1 $onds, as ta lien on and saurce and ;��';.ti�:-�,��;t�5�`?��� "��� �,., j ,° �:f, �� . , : i •. 's' . ?`�, :.;;, :';. security for gaymont fro�a sucl� Revznu�s. ' ;,�,�.}�. ��,`���� , • � � r, � ' f , . :{ !'' •.�`�► E�1.'� ���t��.������1 � : :,�! �'•t:';°� ;�;; ; i . _ ° i° � �_'� : ; (T) ISSUANCE OF AI�DITIQNAL PARITY QBLIGATiONS. Add'siional PasityObligat'soas, a.f;. �,n;����,��. � '�,r;••�� �'`l r !r `� '�_�•��'t�:,.�;;,'_°;�.; payable on a parity fram the Net Rcvenues of thc 3ystem witb thc 1991 Bands, may be issucd aftcr tl�e issaancc �i��1�,��?�,��'��;��;� ��� F;• �; 3: • .'• .- ., ",i: � '' il.i,...;;" �'�f 9�� 4.. ' �� k, �-��'� �',� f� of any 1991 Bonds, %r the canstruction and acquisiUoQ of additions, extensioas and im�rovements to the System ��.:w�.i�,i,«�.;.r�r',y��� ��'�; -i4 .. �,1 �!" 'i.'�.4;.��/. . . : • . ;i�r� � +�.'.l ��ry �' < �;, � .. - "r � � �� . � � � ",� � or for refunding PurPpses and upon the following condiEioas: ' . �'•.s:�. �,�.�3; �,`�,�;1Sj �` t � . ;i:� •_ ,:.�,,', ; _°�::�:. M, �y�,�x�.�y!'/`5y�F '�+'. '�*':P 'JY�• ' S ��� s ���Yin'5J,"l4 i'.�x���YS', . ' ,i�� , • ��i� �'� r Y•t`�,'V• • .:.:�i�.t '. ��,5��;��' r�t �, } '`�i� S� ;4� '�}�� , C��� 4, Y y:i.'� F 4 R••• ,yf: ',`;; ..,;;�:F;. .;,,:,: ;�,=;,y`.' .�.;p;; (1) Thc Net Rcvenucs cierived or which wauld have bcen dcrived, ii adjusted as �,' �'J�`��`��,�xst�� �Y ' �:;'it��.� r.� i. •yi`s'.•;�'��`�'!� '1 '.' '" � IIIi C�1 � fCCCC�III F15C3� iC3T C�llf1I1 fl11 IWC�YC ZZ -���,..�y1%-'!� L; rRi�!�`�tc" ••.z''.l.,t.,: .,;.., r,•;:,. .,�r�,�,,;��, °i,:�� � provided hcrein, from the 5ystem, cithc durin� thc m atc Y P 8 � S Y {� r:�;,i;•,���.i� ��; •,,�,- -��S ��•=''�a;. ,;;�f; .2 ��, :��: consecutive caleudar moaths af the eightcen {18) catendas montbs frilS11C�S8LC�y �TLCC�ii1b* lf1C 57i8 Of i�1C �,;� 5;'-°.����;.;i �r����` � •':±"'°�:" `;i�-' •FS;`°�i:� :•° �'�' ddi oo ari bli ation or durin the Iasi twelve 12 month eriod for which thc fs5ucr has '-,��;�;�'�r;;.v,49}�'t�"` y .r�: .r ',,.'•'�.c `6���'��iw�'��� _ proposed A ti al P ty Q g s g {) p �.,.� ��, �.�.•� ;?.r'.:t'�y`'. �1,.';.�.' ���' ��i' i.i-:..:.� �t''.�^:: � �a�'�,;'hd'.�. ). ,��"`�,�,:;��•`:'`� �;+;��:' �` � auditcd financial statcmenES far [he S stem at thc o tion of the Issucr shall have bean nat lcss t6an 125°l� oF ::��.�-�. ; x,;-pl"''��,�t � - :.,�., . � ': �� ' '� : Y � P � t' 3 , .��. >r�� t�.�� �.; � . -'f C ,:,, `��'; :;,; .s� ,:`.a,'f,. :: � cnd h rc er n a he I 1 `' �:„•�:"�: •��•. �y,a••S't;' ` .': : ,�� thc Maxisnum Bond 5ervice Requirement which wiA became duc in any cal ar ycar t a aft aO t 99 ,. _�� � �,:_,. �„��;��y �r• ," '.�, - '..�," . '.�,: ��r-, ,cc�' :.�- ��(•a, w=vi3 "�-�'�<�� �' =� �.�'�:'` :E����:;-' ;"i'-'� ��� Bonds thcn ouistandiag, (b) any Additional Parity Obligatians iss�ed and then outstanding, and (c) ihe 4 �-•y:,;:it �>tii�,,.�f.:�. : k ' .r�,' ;'�4: i��)' .:". :�,, , ''f:`,� ;1 4.�,.. '.�.:a,�,'c�. .-� i r � s . � ''��y �` � i ; "='';:=.:,ti� -: �: �:;;, � , Additioasil Pariry Obligations then proposed to bc issued. • c �`> � `�'':; r�'!�i:,'+:°�'.� , �' ,�, � " '���; ti ,�: '.� 1 !: �,...s '�:�� u� ,iE .-.:�'e�' �:'f`!? fet,' 'l.Ii� �"f ' :{''�. r ,.'�.iiL�j�'�=t�C,:�{i'at���� �i.�,�': .5 t�=�.:- �� '.:�i, '':.: r��{.�'':'.'.: •, k�.":Sp', � r.l;r rY �'�'�' � �:�'�:�;�:�,; ,;� �:.;,,. �?i: �;'�'r� _ `.,- :: �'� `:', � c R van s 1'ar t!u purpasts of para�aph (1) above ��i f �;;� r{; ��°��f"' �,�`i" . ;G L H�• ��L � :;,: ", In determ'snin the amount oF N t c u� , r, �g�� '�� ''`��r'�' � `•�,c�'.,fy�i';,;?di�>ti ` 1' •;' ,i, =�,-.. �.. ',. . y r°.v «. f�;� ;,;;�;•- •;: ��''���:,�'',4=r}�i;, �'+ ��-� the Consulting �ngnecrs may adjust the Net Revcnucs by adding thereto the foilowin�: �;•r`•?:.;`'-.E� .°;;;�;<,�:;itiY�=}` ', , --;:�;_,°:.•�:.�t- a °�.. ' `" t �• �'e�.,,F �r°�,..t�^� ' �.r..;r .y'a `,���% ' � r;:.:';'. •, .,� r} � �' 'S�'�j`!l.�n'" 3. .; ?.L:' : �'�+�i: ,�ti ��� i . � . yY� 1 "q� �i'�5'y . �}�Y' �:? 'i'.`.�'e't'�y! „Yh` `:r'' r '�` � , � :3t. .;�i"�"Cf1��ti7�`51Ft`[��",�•�'_ ,� r.. ? i. a t �.i �•} ° '''r �'.'.� ` s . :, C 15 85IIC� `,i: ;:.��' '�i.•:� .�t, � ��` i •>. : j:•� .'� �,� :., , �t., 5'� � !''' , �8� T�e Net Revcuues {computed fc�r such utility on the sam bas . ,!r . . j��_�:,:, �: A si : /,.� R�}4; '• ' � �r: � `� ` ��' ..� i �1� i. ! .-t 'f" ! 1. f•,:�` �•,�:,�; •'i`L=:�';, �'�:,��y, �1' �; � P :'�� !�'� ,��' , . ' 3 f ;'.� �' ��' t� -'�:"°1i:._;;; -�, <,.: ;'` tGVCI1l1C5 azC COID�}L[CC� fOf the System) oF any gas ettility which the Issuer shaU have acquired prior to the ��-�..: �' . ; 1�° x�l� i{:�f� "1��;;F� •�•y� ..'r c.,;,! ���o��.,; �'•?:.t� �i,:�'�4r':�t.:e> '�tTS������j�;��;��� �1� '�4;��+.;;+:_;''':�.'.,;��� '�{ issuancc oE such Additional Pariry Obligatious ar wtuch the Issucr shall bc acquiring from procceds of such � _;<.�;��`�� ;����»����`��;; � �'��"s�4:Y7 •ct`ra i 1�..� r.;....' •.� :1'e�El� .. 9.h',��r� ����AY' , (�� �,;'.'� r, �- '�. ��. � rrt:� �s::-� �::;��..,`�.r ,.�� Additiooal Parity Obli�atio�ts• and , !-�;�;�,,,��;a s: � � n�Y� S.y �°j ' � 4' I ,}� �` 2e 1:' 1 1�'.•°"„ �� p ����'��1!�%+'l �' �?ti" t�{ �{� ;,�' � �-' ° ` ''' �`���� �''`'� ,�. t;�`+ :1 ,i; ,, ��� ��.5� i A`i � 4 y5! ��""�?��i�..`., � - �-�� �' ,''a��r��..t'IZZ[�«� ��:3- �e A,s�r4'.�! 1 k..,' ,Y��`Y'ff.`.-i�, i,'f73'� is� 1����1'rt :Iz =.`r;, :�. j; • � "r4�t•;'� �y,L�''(•r't !. � ..� 3� r f�F_^: 1}y i1; r.Ae'�5 f�a..�:. ., .. (b) ]n the event u chansa has bccn nnade in Ehc rate scttedules for servicas �,�*.:•: .� r: -»,;�.�� s`��ui=. , •�i� '' frem thc System grior to thc issuance nf the praposcd Additiona! Parsty Obligatios�s Cor a past o!' such 12 mant� -� � period reFerred to in (1) above, and such change has resu�ted ia an increase in Nct Revanues, such amount of i'� additional Nei Revenues which ihc Consu�ting Engineers estimate would bave becn recoivcd by thc Tssucr during ;� such 12 mont� period if such rhangc in sucl� ratc schedule had been in eficct d�ring tha entire 12 month period anc� in t�sc event a change has bcou made in the ratc schedu�es for services fram th� Systcm priar to the issaance �'�; of the proposcd Additioaal Parity Obligations for a part of such 72 snnnth �criod refCrred to in {I) above, aad ;i:i such change has resulted in a decrease i.a Net Revcnucs, by subtr�cting tLcrcfram such amount of tiio Nct `� Revanues whic3i tlss Const►lting Engineexs estimate wou{d not have bcen recoincd by tho Iss�er dwin� such 12 � month period referred to in (1) above, if such changc in such rate schedute had been #n effect dunn� the es�tire k� 12 month period. 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'` �: . , .�� ,i . . . . , �Pq�i,;;s::< <�,"•� )�F;Y�"'-: . � F ��' �� +' " + �4: 4'�'-Y�x y .-V.a�., � � . , ' u 1 ,. 1 . �... .... . � •;�'i �:.f ~.�y�; 6,:kfiJS'�:.iZJ���u'✓��I�,X: ' •.�N '.�.FSi '!'1.`��' .'��;�:� ]:�. _ �:! y..�Y:= �i ��C;f,'• t•r.� . ' 1 � . � �ra1}rJ;.ti"�.�•� �.i� �,'s�2•`� ' �. � t . L�:: �•o;�,.� }n` � .'�, • ' ' ' ;� °rS�;..�..i=�.:.�' !+ s5. ' , ' : 1. , ; . �•'�.7' � , � ',• � �' '. �...V . z' r.� i«..roi.F �. . . (2) �ach resolution or ordinance authoriimg the issuaace of AddiEional i'arity ;';�,.?;�,�{f��4�L�g'•`f:•�y�.^�,�' �y; .. ,*�i. �,s�....r�.,., '�i ;,� '` ;; � � Obligatiqns will recite that alI of the cavcnants hcrein contained �will be applicable to stich Additional Parity t�:;�^ _;�: `.;� , :��, , , Obligatioas. pt �°��'.�','' ,. �' . , � r•t; ����r �'� �. ,•F°�:: ' ` .. . °t�EFS„.f'yL'�+�Y �'.�°.'1 .�•,'. � (3) 'ft�e Issucr s4�a13 not bc in dcfault ir� performing any nf i}�e covenants and q;;���Lj:�!�� :3•'�•.�, ,� '� � �4'., fr+..�.'�`. ,. I..�'. `'�;.?.e�',.'. '•�'' 1. " �+(I���.4.,i ,•�, �,��, e,.. ,, ., ,�. , • obGgations assumed hcrcundcr, and all paymcnts hcrein rcquiscd io havc bccn snr�dc into thc accounis aud funds, �� °�� -i:,,; �:� . ;:�.� ,�': ��_.� ;, ;�. . . �. - as provided hcreunder, shall havc bccn made iQ the fuil cxtcnt rc,guircd, '�,�4 ��'� ; ,,•' ��' � ,. 'x���,�:.�, •�:' om:+ :.k '�� y, � Y ''� . SECTION 17. AMENDTNG AND SUPPLEMENTING OF ORDiN,�1NCE V1�ITH0(ZT CONSENT OF s;,«,�-;w�'}� �',•` • � �o �;'; �,���1�.�.��' ��:,,�: !;.�. . RE IS7'�RED OWN�RS Ofi BONDS. Thc Issuer, froro time to time and at any time and wiihaut the conseat �?:;%�n�,±�� ''�•••'' �� ' '' �'>. � ar cancursaace of any Registcrcd Owacr o( any Bond, may adopt an ardiaancc or resolntio� ameudatory herco[ :.. ,� �-H:��; - r.f,,,t . +� ' ':�_';;`.-:: ;�.� �'��; ::�'� I�" � ''�, ns supplemental hcreta if tkfe �ravisioa.s of such suppiemcatal ardinance ar resoiution shall not advcrscly a#�'tct '.�f�;;°; �� �I �A,�i•Z./��}I�'-:' ;I,�� ;;',',;'�' :,,''�f•�, the rights ot thc Rcgistcred Owncrs of the Boads thcn Outstan�ing, for any onc or morc of thc followi.ng ;��,�i,� ���� .� ', •%>"i;A���t;nti''' �°f:l.ti.t;+'�`ls�' . P�USCS: '�i�'��}I�i���;: ' .:).,�,t �'�;:;:' ;°��4' :.�'.`.•�'.', . �`•Y9�;;,4. C ' i, � : ...,.` �. � .t � •t�'��y , : .: . ';��:R; �5�;.t7�. •.�, ;s�.•;. ;,:. �:.� ��": �`r �.c';:" � (A) To makc any ch;inbcs or correUioas in this �rdiaancc a5 to which ti�c Issucr shalI havc ;F��,;�:+�^ � ^,-�; ���:s'.':1':=�'. "� `°?�� :�s�'•,:`�, been adviscd by cotwscl thai arc rcquircd for lhe purposc oF curing or correciing any ambiguity or dcfr.cti�c or Y=;",� ?���'�a '.rq:� n•�r ;�+� �'F:•,;� t�.;: �� ?.-7`r `� : � VISI OC I O� t5i i t C�I � II 31�Ca ITl �tF4S DI(�lI1�CC QP �O fI]SCit fII Yfkr'';}�T:�� ` •� , , �� �� � , _.': :, �.,:: , ; �.�. wconsisteat p n ora omiss oA m ak� o ms►nifes o co t , ns this c .r��_w� , . � • � ., :. •:ri g :��'. :: •` , i 4� � �::'� � . ' .x. r�.,Yayv"•'..� t. �; �:�' ;:",;,,�:,X;.. .•�g�.:�.� ,„,,���� Ordinance such provisions clarifyin� mattcrs or questions arising andtr this Ordinance as arc nccessary or ,.;s��f'�� • �� ~ -.�. �.>s.';.r:;.., .; . �, .� desirabl�; ry''?�'`_ f�� •.�, `i: •� �?"; .s:;'-':,:'� � ��• "' '�t �; r��,� ,,, � �� � R '(1 �.l : i. 4 i a y.'!� l 1 ,` t��1I E` 1� , :' � �,.. ......:�, ��� i � y`i: �,.. : r. '.' , ' �' .. S`,.. .x �� �� ��''� �'' �°°� "�{�'i' "'' �'�1�`` "' (B) To add additional covcnants and 3grz�ments of thG issuer for the pwr�os� of furiher ;�.>����'F��� E�:; :r'� ` !�Ii.�A,.t.� `�'.'..k'.� .. . „ . ,� ,`y. � „rwxs�� �'' :. -iti�t ^' i. ,���1:` . �t:.r�".�. . • .! �..i.��,. -t; ;. 'F� :�,��, -:,, � • :'; `,;: � t . . securing the paymeni of the Boncis; `:�' :`.:,t.,�,,, ' _�,�4 �(_; ,�;: � �'� ,��.''tii,� ''�i:•' : f,. ,: ._. �..r • rI4'"7^�i .r'" ''a.. '�' ;�1 ';�' �.'`� T rr r ri r ri c r rved o or confcrrcd u on the Issa r b ic ,' 6'''" :.r•t���°;'�r�fi;��?t:ry!ii�; `�'�':�rs.��'.� �G`� OSil CO(�C any '�llrp(7WC OCp VI�C� CSG i F1 C]ILF ••�r•?z�;tG��w-Fi ;�,'s , ;•.s; t ,��':' .:' �,��1':� •:t.- %� : [crms o! ihis Drdinancx; ;'� : '}-'•a";i��.=:':5;;��' � �,��� ��:�=r,: �5,��''?3�``;�,5 .. �. .,�^�. `, .:.. .�i " "l.'°.:t�'�'� '^ ;; `�'.41'.'_ r . _ : �.,iyj:-�� r k.` �i' •.: "'. :;`�:1 <_;°,c.-;, :,•,•;_ �"- �;::.:':.,r'. ll To coa!"�rm as fusibex assurance an lien led e or ct�ante, or the subjcction to any leGa, �•�r,',.�,;4:�:;;�; � r„ '�-i=";,:.; .,'•�_'' t) Y � P 8 r��' ,f.�s.`r ;';'{„°l�k'}i' �.�+.' "�i!.:''}`''^• :;.'+' F1 CC��T dI i1Fl� � C jC� O t0 b C�C tcd by the p ovis a S 0 � 1S t •`r"�;;„�F{ ',�': ' i; �.:, �. ' ] c ch c cr a r e a r i n [ h' Ordinance• '}. .':;�':; �,.,• •;-..� :�• ;�_�a • . :, • �� " ���:L� � , t�;;! .?i' •�'�1 �i .i'� n .i i.?�.it`: �L�� �' `�' `�:n1�'� -�{�f�'�` �s� '�"`'� •�,` (E) To grant to or confcr upon thc Rcgstcrcd Owners any additional ri�hht, remedies, powtrs, ';;�: ;T�. ���-s i},'`p�`� ���,''` ti'��i:�'i`:�' s;t ''ik-.`' �^',�r;�'t4 '`"`�' auihority or stcurity that lawfully may be ganted to or �onicrred upon thcm; �''�-°r�� �',Y�% �, nc�� �•,,'�,�.�,,,,�„ ,:.�. ,..,_��}.,'s..,;,_::'�;•..• r::;:','�1'Y� S � � i .+t �'3�Iy V � �? � yFf^ J,v1� �'�'� 'T�'� {���i , \, �'• t '•'f•� � �� N � �jl� �1"'' S'yT' 'r � � T }�'T.� � � ��; � �� 4 .' '� � , , ,� � � . . -� (F} To assure compliaace with �'ederal "arbitrage provisions in cllect fram time to time; , {r,s�-� �;;, 1 �: , t 1, �`�� , _ . �. . ., ,. : . 'iT' p -:1 :ia::-f e �:f, jt. �,:it '�,:: j � L�,3r,.7'���4�1r��i�, . :�;:,.�i J:+•,��;,,: ;�� '';�t `",; c:� �i�,;,.�ii �a� �:`�••t.;; i,'. :�'��i��:�:_�,;. _ .... .. (G} Ta bring all or a portion of the Systear into cornpliance with applicabfe siate or federal �8W5; �� {H) To modify any of the provisions of this Ordinance in any ot�er respects provicicd that such modi#icatioa shaii not be cffcctivt until after the Bnnds Dutstanding at the time su�h sapplementat ordinance ar resoIutian is adoptcd shall ceasc to be Q�tstanding, or until the Halders t:�ereof conseat thereto pursuaint to Se�tion 18 bereo[, and any Bonc3s issued subsequeat to any such modiGcation shall coatain a spccific rafercrice ta thc modifications contained in such suppleruental orcfinance or resolution. S�CI'ION I8. AMENDMENT OF ORE7XNANC� WITH C�N$E�17' OF RFGIS7'ERED OW�_V_�� OF BOND��. Eaccept as provided in 5ection 17 hercof, no material maiifieation or amendment nf ihis Ord'saance or of any ordinance amendatory hereof or ordinance or resolution supplemental hcrcto may be made without tha conscnt im writiag of the Registered Owaers of fifty-oee perceat or rsore in the prinapal amount of thc Bands at cach Scries sa affected and then nutstanding, provided, howaver, that nn uiadificatian or amcndment shall permit a changc in the maturity of such Bonds or a reduction in the rate of interest thcreoa or in thc amnunt of the prinrspaS obligation t4�ercoi or affecting tS�c promisa oi the Yss�er to pay the principal oi and intertst on the Bonds as the same shatl bccome due from the Nct Rcvenur,s of t�e System or reduce the perceai- age of ihe Re�stered Owners of thc Bnnds rcguur.ci ta consent ta aay matesial modification pr amxndmcnt hereof without ttie consent of thc R�gistorcd Owncr or Registcred Owncrs af sIl such obligadons. For purposes oF this Section, to the exteat any Bonds are socurcd by a Credit �acility and suct� BaAds are then rated in onc of the two bi�hcst rating categories (without regard to gradativa) by either Standard & Poor'a Corporalion or 8-17 � �. .. �� s �� i � r, � °" i � } � � � a 1 .�i.r. � �>. r:: +.� - ,, , �� A' . .•r . ' ,. . . � . _ ' �4 � h.sa' 'i' `:°, �ry't�%� �,r,f;�,• . - . , . . . .. ... .. . 'ti � •' 1 ,,1� � � T, . .. ,. , . � . . , n .�k,,,y,,.�,w�y�> �r1�'. e ' i' 7S �Y3 •r5'E'� i.'�,i .'�.;.- � ; ;S�^: , . . � . �, i4 � ��„ : ��k�2 A�.e:' 'a �t i.e'.{..':; � � •3'� � . � +% , ' _ , . � .k i'.irL �"l��ry,�i`k?•iw. �t. �;�.,' •:� ;i' j� - � „ . . , .. � - - �-ls 0.,1'a'.::d'Y;a�'�,5"�e;��r'.�,.°.�,;t .,A�a �7{i{.'�` Z'^ f'• ���i! .�1•'. . . - .. .I,�!' �y:lk.. •R (.!.. 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',. .'y `,��:5 pii �,' o'`�e .r.j. , f t, `J �f.' ' . � . . � � . � - ' • ' ' � � . � � " i � ' . �: ,�; ,yy, , . , . ,;� ,3 r � `� ,.,. �`;.r; .t�;''yy.��A,�'F�''�'r('�'�� ' . . . ' � . , ' ' ' � i � . r ,,. ��� 5, 4 a,<<+ � . ' . ' ' � . . ' ' , t � i ' �''�r� r �, ''1 � �✓ . . ' � . . . . , . , � . ..: , / ' t.•. � . k �4.�. ..� ' � . � � , � ' . ` . �' u. ' . . : , �' ��� ' ( �� �' ' , ' � ' . " ,` ' .i� 5 , . ' . _ ,;,I�• • , E `• , � , � . • 1 � " � ... . . ' i. . , I� . . .�} , 1 . , ' ' . .. � � . . . . . ���,� . .. f� . ' . " � . . � ' . . . � st� �i ' � . . . . .. ' • . '� i'.. :l � ' ' ! 1 1 " y , � . • .l� 1� . . . � . ... ..� ........ . .... .. . . . . _. . J f i. s . r • '; ' � �' ' ' - . � i t',. 3 . . i ' . � 'i� r. . ' 4� '1 r �li � '.' 1 " " yI S!? . .' ^ •, ; .' . ' !� ' '. ' 1 ... LL .. . , r . r ;: � . '� '�-°�'; �� Mood3�s I�svestors Scrvicc, Inc., ar successors and assigns, then tbe conseat of thc Credit Facility Issuer shal! i�c ::..,,°,. .,. -.� �-� �- ,�' .°; �'��' ,�, •:'; decmed to consdtutc thc conscnt of tbc Rc�istered Owncr of such Boads an,d ia such case no coaseat of tha "�" ` "`� �' ' Registcrcd Owncrs of such Bonds shall bc requircd; providcd, hawcVCr, a copy of suCh amcnd�eni shail be ��` �" �' ` ; prc�vided to such ratiag agear.ies not less ihan thirty {30) days priar to tht etfective date thereaf. ,, ' ' ' ` . ! � �� ''�> �:2 ,, ; Scctiaa 19. DEFEP►SANCE. If, at a.ay timc, thc Issaer sh3!] have paid, or sh� hava made provision �� � ��" ' far paymcat af, tha griricipa�, intcrest and redcmgtion premiums, ii' any, �vith re..pcct to the 199� $onds, thea, ,` , ,' i `. , . * ...�s.... r;;��.•.: , :. •; ., ;: ,'�' :: °"�- �:"� ;:,°�: ;�::� �� ����:,, and in that eveat, th� plcdgc of and lien nn the Nct Rnvcnues i� favor o; thc Holdcrs of thc �941 �ands shall ��`;�': ::`'?� 'f�=- Y'` ' ` �.� be ao �onger in ef%cL For purposes of the preceding sentenec, dcposit of Fedctal Se�nrities or bank ccrtificatcs �. :.-- :r: ,�,��..: �: :'�; � �, �. �.''i:,'.A.��.'"'r �j::f.i..�..'.A:.:.;'�.'. ! ,, F• .,.. r,,: ,;., .,.,,';.; :.,,.. ,.•. .� of deposit [u11y secured as to priacipa! and interest by Fcderal 5ecuritics in irrevacatale trust witf� a banking �: � h,:.:. ..�... : • ' .• , , .�i ... ... �. - '„ 1 ., ,. �,; ; �- :.# institutioa or trust company, £ar the solc benetit of the Bondfaolders, in respect ta which sucb �'ederal Sec�r- ` �' ' iti�s ar ctrtiticates of deposit, the principal of wkuch,logether with the incc�me thereon, wi11 be sutficioat ta mako i� t'': ��'.� `, �`� ..•:� I° r'.��` �.. .'". j tuncl a eut of thc nnci mteres and redem tion re�ium if an on thc outstanding 1991 Bonds, s4iall �j� �t:`�:,;:F•': :;'�' ';`.�' �': YP Ym P 1��,� b P P �, Y: '-,;; :�?;:'� ,,; �.'`�� � i;;..:� ',;' ] 6e cansidercd 'gravision for payuse�t." Nathing hescin shal� be dccmtd !n rec�uirc tho Issues to ca11 any of thc , . .. � . :.:. : :..:::. :::...', . $ P A tY P Y PP � P P � ,.�.� �' := :,���.,�;:. �..., ,.�� .� outstandia 1991 Boads for redem tinn rinr to maturi ursuant to an a hcabic o tioaal redcm tson ��'' '�� .;�.': pruvisious, or to impair thc discrctinn oC t1�c Issuar in determining whtther to exercise any such option for carly - �"��'��:�:' �";.i�� ;, � '. 4 - �,: s.:, � rcdemption. �`�' " ;i#�j : �; ;•., �'.�,.'. ', f �'." .�:: i ! '''r.' '' =� ` F`'� • : SeCiion 2A. F"EDERA1.��aM� TA3C COVENANTS. ' ` , :`�,' _.;� W :. �,,..��; � .. — — - — - - - - , .. . , t;t, � ". - i . , t, n,\;,;'y ,(`'.'� r:.:'.. ,- .�. ' � � ' � '� � � � , �� .,�, °: ' `�'�•'� �" (A) 'Y'Le Issuer covenants with the Re�stered Owners of eazh series of Bands that it shalf "'(. f � � •�' ` �. . , r' . . ' S • i •'�.l�,r,i"::�,�'i�.'�=..+��. '.;��:.�t,. �. �. . � :•:1• •; ;,,., ;,t ,. � i.,.:: .� nat use the procceds af such serics af �ohcis in any rnanncr which would causc tht interest on such series of , . :� _ .i --; :;= . .. , f•,��,' .; °�,'�-:�. ��':�: �-• `� °~� ��. �°, �t�' 8onds to be or bccamc inciudabl� in thc goss income o[ thc Re�rstered �wncr thercof for federal incame tax i;�. � •:,-.,�:;; �;. � �.s. �,�,,, purposcs. •',�.'', :. �- ,'',__ : �`,:�,;.�;�;; , ;�;t�.,�'' .��� �: _ � ... ~� �''_'� '` _�:> ;` !�'` `''� s��: .'•'"'' '��� I�1'� '` (B) Thc Issucr Covcnaz�tS with thC Registere$ Owncrs of caeh serics af Bonds that Rcithcr �.,. �.I:':�. _ .. , `� `�� ""•'"` �'' ��� �"�"{-` r'� ��� �'��1� the Issucr aor any person undcr its controi or ciirectiou wdi rnakc any use of the groeecds of sz�r.h scriss of r .,�.... „ �,`:�.,r _, �'�.:' 7:�i:s t"a.'�,.,t.' vr.•' : } I'.!''�. ";'�' [ �,!'t.: 'x:. ����;�,�: '•� °�"'`'� � �, . Bonds (or amounts deemed to be proceeds undcr the Cocle) in aay man�aer which would cassse such scries of ,, a.,>,.. � :, -,.:� :.�:;:,, :: �: �-'��z"?,;�� ,�="�:.�;,;�,�'..,.:��.: , 1..,- � Bonds to be arbitra c boads withiu ihe meanin of Section 148 of ibe Code and ncither tiyc Issuer nor an ,4 e: . • , `. • S " 13 Y -_���" :;�:{�; ;,;;�' '.� �rL': ",`- '_', �• othcr person ahall do any act or tail to t3n any �ct which Nou1d causc thc inlcrest on suc:4y scrics of Bonds ta . •��•�`i�1 . -_f ,y� ��,�3 •�I r��- � l�.'_ bccome inClvdable in thc goss incomG of thc Regstcrad �wner t�crcqf for Cederal incomC tauc purpoSCS. ��t�i.r ;`..,i,:I :,i.;,=" .�,s �`;y�� °,�'�.€,.,. ,�:i+`�fr� �`A�::���`�� � 1i.. '"i '4 "•��• C :''!' L;l'�a =it; .." . ,,tsr,-;�`r.' ,f'."`�-s�,�?;:�s� +� >._._ ��r: _-'.;, (C} The Issuer hereby coveaants with thc Registered Owr�ers of each scrios of Bands that �",x°i-:;.;•'4°:;';r:`'`;�=�;��';`,. •.!: �::_: it will comply with all provisions o[ the Codc aeccssary to maintain the exeiusian of iniertst oa tht Bands frvm .a � . ,:•Y �'Li3R::=�•' :�;i��;�>;;`: >? �-�'�; �';,: �; 5+' '' ,.� �' �•� the goss incomc of thc Rcgstercd �vrAer tl�eraof [or fcdera3 incorac tax purposcs, induding, in pariicular, the ��J*;'}� 'k'a''F'1sa.iF ^�'; ^.>, "c';nes:.. j;.�.4 E q;xp�Y4l.��;��.�a;; �� 5i[���:,.,�;;`��,-�i; .� payment of any amount rcquircd to be rebatcd to thc U.S. Treasury pursuant to the Coda. T(^{i;` j�� ,'r� '�5' ( . �f.hf �<;` _P�:i{�[.I:1��.G�,�'L'%1��' �y.�r ..".'�:• i �,�:3 ;;�t!.;�f��.•�� r�'`�U`=:;,��,:,z` ' r:rr,,';i!-.�� Scction 21. VERNMENTAL RE R ANIZATI N. Nonvithstanding any 4tt�er provisians of this y' = s=��.� "�'•'�`'���� ��-� `� ,"4's;';'';,"� �� �'�'; ' r+ ��I �rdinancc, ihis Ordinuncc shali aot prcvcat any iawful reorganization of tiie goverasaental struMure of the �4s��:ti�;:'�th',7i1�1�`i'���� i��'�' �'': r' �y';.' , k,,,, ��.k,,.��,v�:: �� �.�:� .;:�+ �;�-. :; ;�j Issuer, including a merger qr coasolidation o[ the Issuer with anothcr public body or ti�s uans�er of thG Systcm ��:':;if�.�;�: =`.�'�j p�;„; �kr��`'���;�t�`•'�'.; �',�"; �%:'� to anothcr public bady, prov�ded that any reorganization which af#'ects ibe System ar aay transfer of tha System ;;�_' s, ,�"t , . �ti �'�u:s; �,,L�.:.:-:;; .F L��t ,����,: a,h�,k ,�;"� �., � �, P 3'S 8� rp Y P Y i�r�,,�kr �� �;,�� 13Ei4�;�`}S,n.���}} }�,;N: S�lAL rovide that ti�e 5 tcru shall be coocinued as a sin e ente rise and that an ublic bod wiiich s�ccetds ,��,� �,�, �, ,, �,,,� ��; i.�� tq tl�e owncrship and aperation o[ the Systc� shal! aiso assuma a21 ri�hts, pawcrs, 4bfigatinns, dulies asld .M,�-;�r� ,�, ,•�; .'� ~����`�e4�; �;}�- liabiiitics of thc Iss�ser undtr this Ordinaacc and pertaining to all Bonds. ��!_� '�� ,r,�+ �,L.��kh�i���'v:;�'' E�� r �,�vY =�;����`e�` �� �, �1''`�� ��t'.�:� . 5cction 22, �� _V_E_N�N�'S 1�V�TH C��DIT FAC1I.,ITY 1S5UER. Tha 3ssucr mAy make such co�tnants `�'' �,`,..�'•��`��'�"� ���` as it ma in iis sote disrretion dettrminn to be a ro riate with aa Credit Facili Issucr that shall ce to �; '` Y. , PP P Y h' � :� � ��"�� ���'i =�:�� :f'������f provide a Crcdit Facility tor oae or moro scrios that shall enhancc the security or lhe value of such Bonds. Surb ��, `�:� ����3�;Fij,f� covcnasyts may be set forth in a resolutioa adapted prior tq or simultancousiy with tbc sate of such Boads and i� , ,' �.� �r�A:�,�,�� r��4.;�� shall havc the same effec[ aa it suci� covenants were see forth in [uu in ttus Ordinanee. Scction 23. ��VERABILiTY. If aay one or morc of tbe rovenants, agrecmcnts, or provisions of t4us f 4rainance s}iould b� hcld r�oatrary to a�uy cxpress provisian of !aw or conuary to the poliry of cxpress law, thaugh not express4y prahibited, or against public policy, or shali for any reasan whatsoever be hcld invalid, ti►cn such cpvenants, a�reements or prnvisipas shall be null and void and shail bc dccmed separatc from tf�e remainirig tovenants, age,ements or provisions nf this Ordinance or of ihc Bonds. B-i8 s q�� . . P 1 0 " �' .. . ' ii . - -... -. .,. ( ' I ' ' , � . .. .''i ''. : ;�;..�i .'�''lw'�'�; . `Sr��. . n.. . S ...��.' i ' , . i� �.�: . : ''i f.+�^ 3y± .^�...�, '' .1`..''�Y;Y.. ;..=r�1F,'':� 1... � �. . �T i� � �:� • , a '�� „� �Jj 'i�j:;s`5r� ,.1,. . 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' . 1's�"^. y, �ti '�4F „4 ''� r . . _ . . .. , �' � ... . .c• ,�'��^ �.{i"y�y j' r�.y�'�'T�,`�,�'a �;•i '�:K�. � r:i:` ^:�1����i�����w �l�x�.++.aawan.,-i.�n�r.�.:w�...rw...►..w..,.�.nw+w......�.I..«...�.�.�...w,..r«....... e.w...............»....�r.......... - — ' - �.t'a ��t �i ' j+ '�' , r' ':�s'..�.:r:�i���'�?:7 'it '��. `�'t,b�: :� ii����` ��a � t r+'= ;. � �ry'r .�` I_ �`;F'-�:S,,.f���;.�� � , � � t.�.. .�� ti;.;..�: �,t, �` ; �"���, ���3.�.''�� � . �+'..� . s � � Scciios� 24, . 1991 Bonds shall be issucd and sold at public pr privatc salc at auc6 pricc or priccs consisteat with thc provisioas of the Act and the requircmants of this Ordinance as the Issucr shall hereafter dctermine by ordinance or resoludon. If the 199i Bnnds are issued in installments, no 1991 Boads shall be issucd aher iss�ance of the fust installment tudess ali requiremcais of Sectioa 16 T of fhis Ordinancc, rcla[ing to Additioaal Parity Obligatiot�s, are mci. , SEG`TION 25. P�tEI.IMrNARY OFF7CIAL STAT�ENT. Tht distributioa oF a Preliminary OEiicia! Statement rclating to the 1991 �onds is heceby appravad i� surh fnrm and substance as shali Y�c a�proved by tbc Mayor and City Ma�a�cr ot the ]ssuer. The Mayor and thc City Manager are hereby uutharized to deem such Preliminary Ofiiaal Statemcnt as "final" withis� the meaning of Rule 2Sc-2-12 of the 5ecurities and a"cuciiange Cowmissinn, except for ccx'iain "Pcrmittcd omissions" as deFined in such ruIc. • Sectioa?b. REPEAL OF INCDNSISTE�i'�ILVS�TRUMENTS. AIl ordinanccs or resolutio�s, qr parts thcreof, in watlict hcrewith are bereby repealed to thc cxtent of sttch conflict. . . 5ection 27. EF'FECTIVE DATE. 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' f:��.� i i." , . . .� . . . .... ... ... ....... .. .. ... . .. . �. - .. . , _ . . . . � . . . .. ..... r ...�:.GS'rL:.:'.ti.:.:'_.-�.�.�'1It3i0'St'�:• , i ; t. �• . 5 ,.. � �, , ;,:, : C .;,. , : � ' . . , : ��� � . � � � . -:.: .;, .;..p,.,,�.�.. ,.�9 ;; : ..� . ; ..; .,u.,-,��,:�;:,.!;':� ` , �t'<� '' � APPENDIX C � ... k.�.;,�,..:• °�� ��.�;,. , � � ; >: , s�; ' � . � AIr�+1C Indcrsuslry �a�onuon : :•,;:>, P'.iAn;�, j:> �;" .� '`�;w » . �;:` : �' ,' . �. w-). .. . :s . ! �A!'�Ofl[jOnS}�Y�11S �t'::/'a:�}iu':YYi.�; ' �.i'.,:,'.' .�'.. V` , s . '� Municipal Bond Insurance Pol' Y 222w,w,st�r,gmn�v�e,htsdison,val 53�3 p:"... ',. ',�=:��'k` -9;•;� �,' , . 1C coC7' :.` ,r:��,�,Ya�•,,J!� �s••.,. � ' � - ,,.... (�t • t . . AT � , l.'�.� {.iNt. �,1�, '.ti: ' ' � ' lYd(IVIllLtIlliK��:CC: ,�i..- ?�. : ��i. • ;�., � � .. ,� Mb[r.��7v CPwwOw �O^/ . i� [.`L ` � :s'� � ::3�,�,, f �.; i.��'�y ,. !` � ,. : w �;.. �',, ; y; . � .. Otie 5t�a Smxt PE�,NtwYbrk, NY 1U004 ''' :it''. ; .;;,r'n ' �;=.. ,�;, "'�, �•� ta � � ' � �,.5:'� •'�`'�.;:'t�•Z.'��°��t�'i��`'Ce ''�' • ' . .t ;'���`;,-�:•••tp;�FT4.5�y�, . .� :�' ;� S�' P r '.1' ��''' . � ` , f�,��,`S!iz,�.��s`:r;7',i`tr'���If=���•. `� 4 � �� � �' , � '`- r . . FoliCy i'}umber: �'•.`.AFIrN�i.'`,4��3 YS j� e�"��� �ts�,�� : '' " ..i ;,',•, ' ' ' 155UCC: . �'' ` 4', S . ' ?f' . � Ii: at'��i`�i� �Pri _:fF}'{. ,i(s� �.11't'..-r : i�;:� `•'t r, � ' . ., :: ��y�!?A�lb{H"�� ��CU��' }, a' A, �_ :�; ,�?�� �1..' �5: ¢',r+. `l _ s+e�`3 {?�'1.ir��4�,�r,,��:.n Y�4.:�1 ,�:1;� :> � � � .. . ' . , r �{I�:s''l4 ��i�..,�;a����"`�. ' ,. � '.l� �,Ifd'J1 1�� 1. ��fFYV{iY.�,i:�.`�.�i�y.sJ���•f� �k.`�,� � � � rp 5� �J' a l . �S `I �' ��ti� : � _ . -,', ' i �' Banris: PreiniUiii: �4 §�,rjt".'• j� � "'�,`,, r � } : :-;' � .5".` ' ,! . . :,w �•�i'.fi�'�:�`�r,' :�;r;R• _ " � ��� .' !r ' : � � , ' . � .;�k��'�'4� �yt;� �,�{S 1�'�" � j, i �' '.}"'.;d. �'� '*:.t .. . ' ' y��"�' ��� �x� s . 'i.�i • �--: V� � �'i1�'�� �? •�s. ° �s.5,�: '�' �''. ' , � ° '.'•i:t�ti�r i��k' ��r;t„'. : 1 °> � . - :' :, �+, ', �if� f � . , `��. , ,'.} s e.`'��' ,,,� .. . S'.; ; , �� � ;': :3'±k�-•r^��' ., .t r, .t.5`"' .:f �1r:��.���' �.:;; -„�„,tj .y.�.. V, =q � �-� � : {� ; i� � 74-tY y��`} � !, ] �rs �'��YO:��a. ' � � t, � : ' .i� : i: �. � l, , S�ii. �'.t"',,i,,,� G�s �yf' �t _. ., ,'' '. . � , '~ ' � s �: 14 u'� �fi R"i'. �',��. .�"�' }• •."+ :�t,r '����.s.�..'..'''.'..,..fi?�.',:'.,��,�;� .r..e.� � 'i'i .r' .�� '�@`, { � :..4` . 1 �..Y X•• Wi• � '.'; ,'•,'�;,;�;, � ; ;:•, � ` .', , ;; �_: ; ,;. AMBAC Lndena�,ity Corporation (A.'�SB,�C) A ��scnruin Suxk truurance Company .,; �� •n � � �qyt� �'' �� � � �:,;_:"'�` � F : ,�`� =.,. ; �: �. _,...,'r�,: ;.:;;:�:: �;�-•.� :�.. �}, ..�� :` �' in considerition oi the pagmenc oi the premlum and subjec[ to rhe terms of thls Pb11cy, hereby �grccs to pav to. ihe United �u'`�^ " u° .,r�,� , ' . �<: E.,: �.• .; ..�at�"it� f`�*- � ,,.. . a , . , r' �r,:1:,!��•,�.', ..: ,. ��; �: �:; :.;� �'::, .:'' States 7rust Comparsy of yew York, as trus�ee, or i�s successor (�e "Insurance'Frustee"� E'ar d�e brncfic af Bondha�decs, tha� f,.�.�,;;v=�',� ' R��r :. . '' '<<;;; , ;;;,;,,;;'� ,, . . .� ,�.' � , ' portion af �he principa! of �nd in�erest on the aUovr�described dcbt ob1igauons {the " ") whlch shall berome Due for � �.�L,x- '`������ s� ,� r• �� � E' �,'-'E�; �h�`'3' r� _' �'I ' ' 1'ayment buc �hall bc unp�id by reason of honpayment b�• the Issuer. ��'=:"�,� ���'F. �,���'�, ,.��°„�� � y � ,'_ . - s . i � �" ' � ' ` � ', ''..'':v�V'`;.� .,�c ew :��',:' f� "� �:: '`:�' �` � �AI++18AC will m a ke suc h p�ymrn[s to [ he Insurance Tnutce wi t h in S d ay�a fo l lo g d F n t� M B A C o F Nonpaymen[. :r�� ��',�' � �. C��� " ; • , rt. ,;z .'.,.: �- • • ti f�;:;r'•;� �_ k..�,, '�`'� ;; .`•1�`;:�• '},' � Upo� s Bondholdtr's presen�atlon and scarrendtr to �he lnsunnce Trust s aid r �ppurtenant coupons. �;:"�i �r����;�s;,"�.��4;;., �;�;;�' � ;.. ,� --s .���,. � �.' � . � `;' ' �t ° "' :..� � ::: �' '::��'e' �;, ;� .: ' uncanceled �nd in bearer form �nd free of utip adverse daim, the Ins n Tr e d urse che Horidholder [he tace `� :� • � �y? r�����'y� ; r•�3 ��.�f }: i ..i. �:5.' ',tiiv�� .�- _ ..' 'f. .�si^1n"..f.;n. _�S"K� �_�S ti;•i.4 i , .;i.e`: �,�; ;y;��:?., ��� ., ; �' i:';•,:;';, '. amuunt olprincipal �nd interest whlch is �hrn Due for Ps�men[ b a. U n d rse n[.A.ti1B� shall become ;�:�•,�tt.,� �:: �r:;t�°,,. �,����'z . �5;;r..._.5.:.::��':...� �:� n`.tr','•,,• '.r_ .k i� .>•l t.f ' �.- � • � �::: :, � : • � �. � � ` � � � the osmer of the surrendcred Aonds and coupuns and shall � sub � oF t er's rights to pa��ment. y � �r � :?��,i ;�'`��`• � 5-• :�+' . i '. .k�: �: ,�.s,•, ��, •.k:F'j�'.: :"�.. � ''`:"r'�•���:iR.�:i.��Y.��������t^s,:�':,',. '�'. ;;: : i•..`�� : .. .:'�:.,v:s�: '.� F�r._.:� �;:'I�.'{t,r�r.4,'}y.iiYiFs'�. � �',•';,:'.ti.l° .::,;.`�'',:A,� ;,.:.:,. ;ti•:{,:,; --,-�i �.-;�; •, ,•; •�; � In cases whtirt the Bonds are issu�hte onlr in a form �� r�� pri al is va e t is Bondhnldess as thcls �,s►gsu. �`;`:� �.`���,.,;:y,�'""�.;�'�,'�s ,�; `.,. .t ��' '+ ` �>••-•.r'.��°.•f�����' :"' •' �' the Insurance Truslee shall disb�rse rinci al io a B dh d�s afo o ti• on r tation and surrender Eo the � r��-t �' ?� � ' �' Y � r;;;� � �� ' '�.�.�.... ; e. . t ,. ...� ,r� P P R '.; y� �:• ,t;i:F�:�sn��.,� ti J',; <<.:. .;�', ' �,: r•�•� ;:�,,; <' lnsursnceTrus�ec of�he un 80 }� wirh g �� ��.:: ;�'�-..,.'?�,�:,ir�;�„. 3 ,� �r ;�; ..,;.� `�: .�.:.�.:..:� `, ''� . Paid nd, uncance n r f •rrs [ai c ec an inscrumen� of assi nmenc. ,`s,.,,,��'w �,��, >� g -�•1j � ti � �'.::.� . �'.� i.�t•i .. .; :'""'. �'1 i� . :��'.ta4.� r�t�" ~i��lfiiFi� � ''':;c.; ; =,ji�:~:°;>_; ;, � .s-.,.= -,• . �; t� � � � � in form sa[isfaczon• �o �he Irtsurance Trus� ul�• e. h r such Sandholdrr's dulp au�horized ' •t�,',.�:,s,,,rc;,�? ��C ;. ' ��; =,. i Sit�';.��." •��;1 t �ii'"�tit}° �`;� � C TGSC8t1[14'C. so as to pGrmit oanrrs Stl l C fC me of �.tiSB�uC or irs nominee, Ifl C15[S "'`,'ti:t���' �':Y.r•��� f�'�f'"� '. "' r�,': :1,'t.- � . f p P • : i : . �<< ^+:i;�%. �:.-i� �. ;" �:;:� °�{ �� �',� �,:. ''.�= r�;::;:.::'.r � r' t, ,` whert the Bonds are issuablc onl►• r wh y inte t i s} le egl.s�eced Handholders or thels �,signs, �e '.;t: �`-i:>..;;: ;'-',�xi't; �'�:L��r;,;��;;�?; �;'�,�i_ ,`�, ,�.'�"``:�;; „,. ; `:, � 6u �� ro a n or i 1}• u Qn resentuion to thc Insurancc Trussct i `'s;'"'��;i�„?�.� �>_?'�;'=i'�? t: ":,�; :,a� _,;. �s . ,�i :`;,: lnsurance Trust�r shal! dis 1'SC C� p p O � p`'.. c, ,.+ ;4�y .� ti�.;��:,�. j r�'.•-' "-t:�'�` ,'''�>: �,-"�`s:; i,�: ��'` -�: ;•`�?';r �� laiman is o�n c hc •me res[ on ehc 8anc! and deli�erv [o tht Iruuru�cc Trus�cc "�'�' "` ``� .� �''���" �_=�+ '° ,i r .:.�.. �,:'.: roof�}tatthcc I 'ti,::;ir . �;" = �sl c;':;' ����:�_`�•'..;,tti�. •a'{^ '•F�;1' - . � •� .y,.s�_ c1'.;"'t.•.'x.`;3 . �;;:� `',,t ;�;;:rr�:rx;�:�'€�, ,,}-� ��� ;'; "';;ir,';; y.?,';:;:., p{an knswment of 1ss' rrt c, i o sa ' c� • t e 1 urar�ce Trustee, duh• exetuted b}• the tlaimant Bondhalder or '' •':'t.: ._� ;'�� ,.•�t•r�'� �' � c ; ; .i c�,,l �,^..r � ;�.'•;. ,� �"�,.: • . c;;-�� '' ;vz ��' � ;:- suth Bondholder's E}• ch ed u�•e, r►sF in to A.'�18AC a]I n hcs under �u.:t� Sond to receive the irrte�est ;,•�„s�. .=r'+'���%�`r§��'i'���r ��., �� �� �'%S� �„??' �'�..i., °1' ,� �n g g ..��w, •�.. �. ♦, +;�"$.t ';1,. � r�h �_ ;:_?°°� `A� ,; �, �„r:, .'R-trp,;+.�:,-'..' � in res ect of th i ra di u m �as de. AMBAC shall be S�br a�ed ta ail of rhe BQndtioldecs ri hu ta �:`�.. �F� ;:�..: :�•` �, `y��.=�, �, �i: :�', , i qr!:�?j• _ ., P • og g .:�,,,t . • �<�:�y' �5,�! "�i,`_S•���`�.�?^i ,s., '� ..;s,. �" x.::;, � �r:,' p�cmtnt on $IS t [�l :CIC Of uranre disburstrnen�s sa rnac�C. ' ;i.:., •: r,:•,t.t �: ��7�'y:i:�;�,°sl:. , 4�(% .. .� ��l, - � ' {. �/'�:x h'C f �';r�^�: ' rN!'" ,��:F'.aS�' ,,g>iG'„= � i'i'�i,sr•'�����" "�;.7`r,.•!";•;. ',.�,'.t �s7''a;� <<: 4�.;. ���;�� '�f�`' As nsed herei �he o er" m any person arher rh3n �he lssucr a�ho, a� she dme of I�onpayment, is the owric� �•a.=:�.y `''��."S±:, �-�•' • �+,�';r� 1 ' � k�Ef/ .�� �w` ���i��" ,I`. '�.t.�,� ^. .yr'".�iL'.Si.�ti•� •'�I;:f�i'rf.l :'"+: t'�;� �,;:�s�k ;%,+ :+.t�''`' ;�:;�'t;F�? b° :"-��'� af s Sond or a n� in to a Bond. "Duc for F�}�en� : whcn refernng io �he principal of Sonds, is when the �F ':;:,•* '• � t..'. ���-' � ;�;•u f.,��:; �,: s:-��rs=�r;, ( ;� rk ry;=,:;;Yr. ^a1,.=.' '. :s�": :`�',:r`.�:�. �; °...r'�:,;, �'•}.•, • i ��.If��tj }t�u 4. �i.5 f }O:. l•f,(E•«4i'�p'?..n.,�j=.`,�''�,.^. .��' �•• ;f':•.,r.' r �t.rt. $ f� L��l` W��R�. :. .��,�. c x,--.,.r ::�•. .,_;' s�sed ma�uricy datr t• dempuon dare for ihe applicanon of a requ�red sinking funcE ir��llment hu becn :,..�r:.� g_:: :�� �,r�,t-t� ��+;. .� :: �,�c'. ;�;�.�t �' ��Ff'r��' ,;�; ;,, , reached and does c r to y eulie� date on whith ps�znen[ is due bs season of cali ior redempcion fo�her than bv ``' '��'�"�:"'x:'. ��'?. ;Kr; . . .}.�:., l. � :}e:'FSH` .:lciL.Y... .�:f�'�`F l l��' ...:4�. . . . I�, .�i� =1 � �:i � y' �" ' •f �'�5',: � •. . � �+�'.� ' :.'..�� �"4': �. ; .. , � �., , ;, ,.'3 .` ��.�,�•;.`"):�`-.'':�Y. `r}� ''s'''�j1�i1�S,. �S'ri�lt'7�'S.��'�;. � �� `��� 4 '!. applicarian o[ requlr si g Fund ins�llmen�s� sccelrniion or oeher �d.�ncement of rt��uriry; and, when referring io intcrest on t3u Borids, hen the stated cla�a far p�ymrnc oF in�crest tus been rrached. "Nonpaymen�" mrans thc Failnrr ef �e Issuer to h�ve providcd suflicient fi�nas to ihe paping agcnt for paymcnt in full of aii princi�al oF and in�erat on the Bonds which arc Duc for PaymenG This Poiicy is nonr�nceiable. The premium r�n this Yolin� is not reFunet�te for any reason, �ncluding payment of the Bonds privr to maturicv 'ihis Policy does noi insure againsc lnss o! anc• redemprian, prepa}�nient ar zccelention prcmium which u artiy cime may brcome due in respecc of any Bond, nor �gainst ruk o[her:han Non�aymrnG !n wicnas whereoL AMBAC hxs caused chis H7[icv �o be �ff'uced w��i� a facsimile of i�s corporate se�i and �o be stgned by i�s duEy au�horized oEticers in facsimile �o betome ef%eciv� u i�s original seal �nd slRs►atures ar�d h�nding upon AME3� by vinue o[ �ht counur•signa�uce of iu duly au�orized represenUdve, �res�aen� �Hective Date: � �. iJPt[IED 5W'FS iRL:5'� COMPAM' OF NE�V �DRK �cknnwledga th2t it ius �gceed ta perf4rm �hc dutia of yrLSUruice 'I�uscee under ihls fi�l�. I�HIFt�V�(rIMM1��lV1� ^ � �.� t��� 5ecTetssy Au[horfzed ite�praesuativ� L � . !`t � �1� ..,�'�� �`f ,�1�=G� � �:�:,'�•.:� "J r�. .: G,'.;"�;r..�;�;:.T..�,, .� ,�i'° �'::� ,7:C*�..: _ k,',.G <'i; �I:.i:1 _? s: :':'�r .. Y � �� `•� `�� ,�r xs. °;{.�'" � :���� �.. s �` � � �U � ;.c. . . �., � �s � � s ��: t �( . . L` �4 ���. : F;�r ��.t� '�4"'s:i�7 � ; -:t:=���� ' £ 4a i�''y*�"..�11��' f . �.f i��+�'ae ��:4�.F,�'a w.;k �'�l � �'��� �' '.l,j ('�, j'. _:� ��y1E �+ � �. ,1.;�'.i t��'���r�r' ; �' . ?.'t,�`T� ,i .'�,r�t � I z. t� :..• ;�', , 4 3• i'!✓t.-5,ir. j�. i�'�{ �� f; ti 1v� 4eil �1:i.,��,'�;:� S iTM''' ���'�•'-� F'i :�.=:5,�'; ',fi a�i{.,�k �, ti , �����f:"'. _:a >>. � i.'��. '~ n9�YT ,Z !'� :' ;.i�, J. Yi s;�;� 7. �.'Y�ti,�i �'ri;��^�,.; � [y.� , . � �y .a-'-:. _, . . z.� w : . �w��r:..rr.,w;uf{�y�� � - � fr+Mt t�. 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E 'f1� _� ,�.��''Y'::,�.. ....��1' ' .f Y • ' �,.��•..=:��'•.�'•i���r��..f��:'liF��*ri^: � � , ' , , . , ��"" ya�.,.. , ..i)e;.:;�'4. ,.'<' Z'� . . i; � '� . . ' . . . ,'�': 'i . p1: f.rt° -1,, +"YiA. Sr�t �;., „ . . ',' ' k . . ' � � ; +>r•�,«t; •'�<!��.ItA �,xtA �e`.�� •. ' APPEND�X D �,�(,�:..��.=�.,. �: �, �:�.�,r. . � SyZ � �>ty.K.'.w�l�� ��'T flr�.�i��` i�'-�i 'Y� i'/ '� °� ' i� . E, j .t`1����" '�ia,'�r»t•�:,,��,,-f�`�ttil?�; . : � 3 r �;;,; s:� . v.1 ,'`'r {� �• a.�. � ;} � �:�p. �i� .'F. �9 �t,�,.��s`'•"tii S*;i�,'I::+;n' �Is ' 1 a;y„�s�„;. °';,.: ;. - ,�::• Upon deiivcry di tLe Series 1991$onds ia detiaitive Corm, Bryant, Mi[ler and Oltve, A.A:, Bond Counsel, _.•�'.-:�;.," ��,,,,���.��;r�,��f; K. � ' , , ' ' , . - -, propases to rcnder i€s �inal approv�ng opinion fn substantiaily tbe foiiowin� iorm: ;;n�y ��; "���' {}�:}� �:.t=,�� �� r=�' � :^.�;' . � ' . �?;,�,;.tS.' �s�r��rr�"��.�iS�`,� �` '� ;��' ' � . [DaEe of DaGvcry of Scries 1997. Bondsj ;:� ' ' °'�_'�'' �'�»��� �r ��! ''' � y,��'.' � � ,,��'�'�' ��,�'.�s.'��,��.�� ��`` ' ,':::' . . ` : �#. l.;�;.� ..�r�',�'�;'u'.�!� �: ,�� ; � °. ;, ;,.. ,,� City Commission ;y;� �#'' �� ,� •�,��� ;��.� . ,3 �;�'.� �' � ;;�' ��y;`' �, fl��7�r�tr,��.�k 1•r ..;:r':;.:ti;Y . ,;{� , . '�� , City of Cle�rwa[er ��;,��; '-' �-%,•�� s�i ' �� � � t�' ,.'` t:�_",t• Cleanvatcr, Florida � �';;���'�v�� � '�.�� ; - �,!''� �� i � ` ' .: . ,' ;t�,� % � '�'�'i� �`�S :�� � �� I� '_' ;�_�' '��".,'`•'' ..;' :, S�'�s�t�. ��� ,�.a r 'r�r�r .� �. � i. '. ��'�•: t: sr.6,�a; YrY �� 3E .t � ;�� , ,ry.�t�;.t �4uQ„�. �, ,- 'i:`�,�� ,'���'";, S �;;�:#��t�rt �r����: �' ��w � � .'§'"' :,:� '� �'i '' �` ° CITY OF CLEARWATER FLQR1DA 'e<�'s:�-.�`�;,�'�����k� �� � ���:'i:.�� f{�, i1'��:: ..,. 1 '4ie.'S��F'�ih �ir.N�r• � �.� ,�, ,��` �`. ,; ' �:; .'t..�' GAS SYSTEM REVENUE BONDS, SERI�,S 1991 {u;��',�;�ti, �`�;:�� ��;' Y v,' +:: . ,;., ; ��k`.s.: �,,'i- �� `�u� ��. � •.•'��.'i� �`• : �;����Si' .,�h-,�.� '�. 'ii;{�;`�i,.�"���`�{1�.�'• 3� v �:;: �'�'r' '.'° .:�!�•_ Ladies and Genilem�n: �is�°, r '�" ,�' ` K .' r.;,:� � ",�r�"�. ` t ;} •. . ;,f y:; .l�:�. .,��,���`��y� ,'1:�fi,� .<}.��+�: ``� ¢�4t�}�'+'�� �' � t� .>'� ''•." Wc havc acted as bond counseI in wancciion with thc issuancc by thc City of Clcarwattr, Florida (t6e �;;;;�,;s���:',�3��� ��?�`L;,`,'�'�, �� �`' �� '',��`;'���, "Issuer` oF its � Gaz S stem Revcnuc Bands, SericS 1941 (thc "Serias i991 Bonds"), pursuant to the ;�`;�'�' .���<� ��; ��; t����� .. � ' )r Y �'` � ��` ,����"�,� .�� ��•'. ��`�s "�'�''''' `� �'s..' Cos�stitudon and la�thc Statc of F7arida, Ci�apter 156, P�rl Ilf �7orida 5tatutcs, and aiher applicahto '�i,�;'; ��?�:4':� E����3=:;� ` '' '� �.t; �� !'� .� , '1 { k,L,.3. ""�4.�y `. ''�'" �L '�•� :� . rovisions of Iaw and QrdinancC No. 511$- 1 ct�acted b the Cit Commissiaa of the Issuer on 1491 :'�' t� �'L�i�� �p,�" ,� -.. .._', �.� :,, �. e-.� � �.�w �::f� ;,��6,• •��•_'� •�#: .,�� P 9 , Y Y ,��, , �s,_,r�:;;�,�,�:.;s:�. �t � r, ;��'�'� �• ,':v•p i d ed tc s h etn h h ve the ;.,a :,�'� <�,, �£L`�' �` ,, . rdinan An ca ital zed un cCm rms u cd cr s all a ��"�'��'� .,t '�. '�,.; � ._�;. �'c: :. ° � as amended and supplementcd (the "O ce")• Y P ,°.�• `,�v„ :�,�rt�h� w��' t;, � '�.� - .? r •. %.1�;,.e "�r; `' ,.r� ;,;,.� ,. `f�-'��` ,,; ',r ',._'' '�a� meaziing set Carch isi t�e Ordinance. ,e�a;_,ti1�,�;`•�a+,�,,�;��(5�,�i�, �, �S�'•'`� "'''�• �. ± �FS.� t ,{, E'.•-� } t� .s,•.�' r;;V'l.� °�tI t `. :.�a . Y. 1 1 ,(-,.� {��:.�,. j,,�y',i.�rr��! 4�.i; . l! :�'�1 n I .',�'w�'•`�SF ��4 rl [T• i .1' . ' .1�.: . �4"r�. �yi4�.eti'P r'�v �fJj.� �t�p yt��yt,f y ;,,;:;'::;: `;�;�:�`.'; �''���'::�`,'�•;•t�,'."" As to c�uestians of fact material io our opinion, wc havc rclied upon representations of tha Jssuor ���:�;��;;;��,;���ti`s�,s�;�;���;'%�p"� `' '_?; :: �.i�'^'<:=; `, -:,: ;�� y; � containcd iu ihe Ordi�aace and in thc ccrtiCecl raccedin aad othes cer4�fications of ubiit o�iicials fumished "�_:,°,,.,E �.':;f `°�;� ,�"' �`�M� . .: . : �� � •� � F b5 P ��,.�..�-,.-N=��i'st�.. �.���3 �, �., ��� `•� ��' � d r aking to �crify the same by indepCnde t i cst'�a on. Wc h v n t ndcriakcn an ,�,, '�" d",° :i..r-' ;,1' e.l. ?��';' ' • O U5� W1L�lOUL llIl G t II IIY 1 [l 8 G O U e�•r `f''''k;;e�`y�'iu'�.� j���J�'�Ye��;�S•rri5; ���f��s' ; I�'ct �f�'; i��l'. • Sn �;:� -'''4:.•1}'..�:.: , r 111�B CA�CQi �� � P. il Sll t 1 ID tiers an d h ve re li 2C� oa t he faets, c{ �.+ r ` �'y, n .� ti:.� ,.:i., .,a` .� . . '. .ti�� y c :y °,(F-'� ' „�*: {?�;•, 1% p au it x�mination, investigation or iaspcc an of c a a �d so y ,�,�=. �,;.�. }�� �';}��.,;'�i,:: ':,� ;�; ;�`.;��: ``r ,r;'',,'• ::�� s d circumstances desa-ihed iu such racccdin�s and certi[ic;ations. We �avc assumed tha genuineness -"-�� ;'�` `'�'��,�°�� ��'���i, � ,.. ,�,�r :��.' estimate an g ;.�:�Y.,.,,�;��x� s �,�# °'s�., `;�r` ' "=. "�+' : �� , "�r,.,r., �''•`u 1�°-'r � r• "` �;�'�'< � `4�. af si�nat�sres aa all documents and instrumcnts tbe auEhcaticit nf documcbts su�mitted as ori aals aad tbc 4�;�:� �u �; =�.,�t�.� .'`����'_;�'€��'���;,''i't�" ��� ��.'''' ,'�.:,:� , Y P :.• P �� � ,,s.: ;�`�. '�.�,.ti;`t: '�.r�.�t-"4; •• coaformit O Or1 nais of documcnts submitted as copies. °.i,t�r�,� ��?'��'���"�.�'�'"�� � r:.-:::�:�. sic��'•'•::i" tF.._ a.�ti }T� �1 `r.'+ ` i'1 ��,`. ..i; . x'�.���,1� �:: i � � t X.lyfJ ��:. ��rt�1`���' ��j�. µ}' ...��a� ,.Y • � u c.•' :. Yr, ,� f v ,l � °�I � v t i ;: �� . �,ti , ,�i7 ��!',a."i�j'�'r� �i�_��• �' t ,, i:' n" .-y .+•.° ^s r ew r c m 1Ci8ne br 11E�C1eD Of aIl %'�:`.••. � A�1?.� `r�� �s�r'"� ;,, ��;,-,,�.f�,;.,..;:;��,,;�,�� -���.��:•s-:.;... �; We have naE been engaged o� undertakcn to cvi the accu acy, o p ss s cy y ` ,�, �,,, �^. � w .�. �?_. ���F ' }��' .��.{ � ° ' is af�` ?,' .t.. �, , o�s�'�J:. �r.i<< :1"f?��}a� �'1 t� 11!��'S�iil���f� ��•t �`'�',:. •�-:.'� t�',`.�,��,.,�;.;e�: "'� p�fE71n� maECTl� TC18lln� tO ►i1G SLCIGS ��3. BO��S. This opinion shouid not be construcd as oiicring material, 'vr,;�;n��y,�':��,��� t,• ��,l��,.; ����� ��e �; `.i'ti4 � f �.ei .. ^ Mi�� i� ' 'l�` ry' ��� €,dl � �-��,;,3L``�'�;'���.r?r`L��� �"�;tl;=:��i':�. : . an offering circutar, prpspectus or offaal s[atemeat and is noi intendcd in any way to be a discloseu'e siate- �,:a•:.,~��5:�€=�;�'d '��;'���y,,,y'�t,�A��+. �`r. .S. �;t: � -k "a. .r..., .:'.'"'�- rr?�'''"�-i F l,Y�1qi 'ij�.9=s �-%'wi:'',s;�.;;,s„�t;�,�;-}�•�t" 1.?, t:r,:,- ::V;�:;-� . mcnt usad in connaction with the sale or delivery of thc Scries 1991 Bonds. Furthermarc, We are not passing ,�f4.,a�.�„yi':.��`;.'.�'P'� `�'�_.�; .:�„pt;,�,i,;;�:�4;y�;'l;;.u� ?r; �;;�:;;;;:�: i�f;c�',y;•.�: o� th� accusacy or su�ciency of aAy CUSIP numbers appearing on thc Scri�s X991 Bonas. Yn addition, wc ;;_�; z�,:y�e�:?��,i,��Y���;.� r�'� �.:<.s•��`•' �����"'f� �'�� ���;`�;�'w'�r�=4�'=r'�� have not bc�a cn a ed io and therefore e ress no o(�inion as to co�spliance by thc Issuer or the undertvritcr s�,�� ���f�n��s��;�i1(�'�f ��^' �^ ' •�� � �i5 �: ��'✓ i . +T ��F A t l���-�s�� � � 1 7 � i� . � �'�:� i.�.5��1��`4 t_ �� Ai � �'; �ti'`�,�` "-." t'' {;b;r� ;r;�4.'�,��y:;•� �)":ti''' WIiF1 iilly CCfICT3) O� 5l8[C SIBLULC� regulation or ruIiag with respect to the salc and dis[ributioa of the Series 1991 �':����'��'�'� �f'�.ti,:;R;� �t�'� �: �.� i `.:i:�',t.Li4�',.�:'krtfi� { :i:�:��''tr:�:f+'�Y � � `���F=y s'Yy'S��'�'�'}�"�� '�4��� ��lLx.r�R� 6}��.. �xa:.�: . �: �ti t'.:. ..., �tri§ti� .'.�,?'. BOS1i�S. •i'l��r�!`.^F�,i.�r4iVZ.«�+�1�?�I "r'. In rendcrins this opinion, we have cxamined and rolied upon the opinion of cven datc hercwith of M. A. Galhraith, J�., Fsguise, Cacsnsc! to [hc lssucr, as to thz due craation and valid e�ristcnce of thc Issuer� the duc enactmcat oF the Urdinancc, thc du� authorization, exccution and delivcry of t�e Scries 199! Bonds anci thc compliance by the Issuer with all cpnditions precedent to the iss�ance of thc 5crics 1991 �nads. Pursuant to thc tcrms, conditioas and limitations containcd ia thc Ordinance, ihc Iss�cr has rescrvcd the right ta issuc obiigadnns in thc iuture which shall have a licn on the Nct Revcn�cs cyual tn that af t�e 5eries 1991 Bonds. The Scrics I99] Baods do nvt constitute a general obligation or indebtedness of rhe lssaer withia the mcaning o[ any constitutional, statutary ar other limitation of indcbtedness and thc holders thereof s4tat! s�evar have thc right to compel ihe excrcisc oi any ad �alorcm ta�6ag ppwcr of the issner or laxation in afly form of nny real or personal property fbr thc payment of the principal of or inttrest on the 5eries i99I Boads. 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' ' � �.sc'.�sq'��� �y �'�� Fy� .�j1',: °. � ,j�4�{5:. s'''= �� �, .c:.•�y d�� 3 �. � ~ r ':� � ' . 1. . 1 � � 3Y�,�'' �_, �{i.l���i���; iR' � i.. �,' ' , ' �•`;it''`��, 't, • �' •.� ` ' z:wl'7 :i. �"A�"'a`�j 1!'�' ' � :� rS '�,�''�`,;;_�,`;;;: ..�', .�' � ,- �'r: The opuuoas set forih belaw are cxpressly limitcd to, and wc opinc only with respcct to, thc laws af ti�c ,,�'}���''�� �F�, '� �� ,�,. e��.`' '�J'i' �,��f�?=�;� �3 � a' ,; ''' .� State of Florida and the fecieral income tax laws oP the United States of America. ti�`�r;r:� ��, x'�''.�F.J.� + ��' � - t; �,% `'dj,C.�4iV... 't.;r. .; , n 1` �eY k,f„ � � , i . .^2- � �'�, �;,. •i' �1 '}.•k't•,iS. .y� I'S y�,�h �� `'. , . '.y�' � � �+ N .•tf x!1 �, -->E':3' ' �;; j�: ;�;, �::; '� '�� Bascd on our examination, we are of tbe apinion, as of the date of deli�cry of and payment for the 5cries -.g��.'`,��'^���' `,'"��` 4��=�`�, , �: � '��:�° '.=,�`)��::'• �'�°;.,'g'�;.::,t:u ,''•` 1991 Bonds, as fo!]nws: �f����',",?::r'��"'� � � s' � :s . ,i a � . � . . . ����, �s i� � � t 3• �; : 5� °`:s,:tl:s_;_ ° ` !� ;��,y3��Et�:��-�s�k �� �:; . 1':;�.. �';��.' ��,�:•,,;��r,;,":i<<�:,..�.'i. �.fi �y�.,�i:.� ;�,. �,��y � ' '�•�..�:i';;,:°_�y'�1"R ."> •,..: ;•,,.: ay. t.,; I. The Ordinance has becn duly enactcd by [hc FsKUer and constitutes a valid and bmdmg oblsgation •.i �;.}' '�,�'s.. ,� '� .��• r�;<i -';tr',�,.; .w�r ?:;- �, : :,: a[ the Issucr cnforccablc ugon thc Issuer in ac�ordan�e r��ith its ierms. ,,'��,,;1��,�,�i.,���'� ���l,��'r t,,.��.�,��; ? ` �'!,� r1 �'+'�.;J. ?,:,�3,.✓y��.,ji`: swi:sl��'1ltt"1�,�6 P,X 4�'}:+�e�,p. �` `t,' �f.' s' �' °'�'_'� `�` �;��' ��j' ?''``' '��- '�' 2. The Scries I99i Bonds havc been dul authorizc exc tc and dc c cd b the lsstser and are :`'°��"""� �"'" ���� ' �; °. ;�;� ..�•,�,,;,'� .,�: �•-1-., „, Y d, cu d liv e y ,4 �;a:���tair���,;?�•`��,a w�' �' "`'� "'?�� �,• "�'�•• `''`` " '� I n r cnf r blc ia accordance with 6c'v term 1c 1 l fr m ���P"' ''f ��;���i°ti'` � i'F`a� 1•• ��� 'I,,iii3�`'. �� 1t ��,;�4 valid and bindingspedal obligations of thc ss e o cea t s, payab sa e y o ;;��'��.`�'���^ �� `;>� ,.;i�T1�r'�:,���`y��1;'�J'���;�;t;s�i..s.: the sousus pravided thcrefar in thc Ordinance. ;�!�.�"'?���5:?� �"�'� ` ?+ . .+ '-q..�. � `��'.. _ y�l: ..Y � . • i . �"' 4��y�" � iM� �A. W�,� �'i., y. - .' �'` '�;f' .'''��.;:� �- �' �?g'c.,,'��! �`"'" S ;b�.. � ; : :�. : ���;:� '�i�>: �,�.�_ � r � � � � °''� �K �� � � �-. , ° � € �• . • • �•� '° `� 3. Thc IQtcrnal Revenue Codc of 198b, as amcnded (the "Cade"} establishes ccrtain r/�/� uirements whic� y }j� � � �� . �P� .:S.z�" 'l�: ii� ':}.,'::. "�',:�r ��� I 1 -'i 1'i 'lf'vi•7�f �, i�ti� ` � �� M1, 1:; '' ;�:�';`r,;..r`�,;:`;i'.;>;�':,s;=;.r'�';'::;.rj';�.��� , must bc met subscquent to the issuance and delivery oF thc Serics 199]. Bonds in order that interest on the �it�:';a}� µ�{�n�;��a'_��;£,r 3�',�,' . � ..;-:�......::,., .:.,;.;.. _�.,. .,.' r��;z:.s. �,� r't,,, t-:�,r u,. t'`, �r;�'6 ,;: ,', _, ,. .:, ��,, : �.;_ ::.- :� �;.;'.: Scries 1991 Bonds be and remain exe�udesl from gass incocae for purposes of federal income taxadon. ,. ,r;' j,���, r�,,; ,��ryy,��,�ti .�'�_:, � Y , . , " :.,s '' • - ", . - r � . Non-com liance ma caust iaterest on the Series 1991 Bonds to be iac]uded �n federai oss incoma retroactive � -' � .-:� �d : ;� � '��"� '��'' . ! '., � t>�"x;1;:_'�;",'r, �"�''::;i;�:'"` ' !•,. ` P Y 'bt ��:ii�i'•s: r+::%� ;�'�� i'�-;?• S';: '�' " ���.. `.;�� �= �''� �?��; �:,c ��J�`; �" t i to the date of issuance of the Scries 1991 Bonds re ardless a[ the date on which suc� non-com liancc accurs ;s; �;.�� �i �. ��' '��; ,#�: � i : ": „ .,_,; �� � b P : S,.r . �: !��~E f�4�.�. �"i ' S,-�� �r �s�'` :. .y.: t ��^., k. ��.\_:" .' �i p' T:.i .., ""� '�.,�3:��a�,; �;���:`{�=:; �. �_,,,:;�'' or is asceriaincd. Thc Issuer �as covcnanted in thc Ordinance to camplywith suc� requirements in order to �;,�, p7����'���,�`-�"��Y ,. `?����.���;�,y��. '� ?='� �`'' � T"` �:° :�r�`.��Ix�'�=';^'�� maintain thc txclusion from fedcral gross income of the intcrest on the Scries 1�1 $onds. �`- '�"`�•' �,ri'_��}�`'"'?''� � . } i.�.i 'L�'e"!t�'d � �i,.- ; . i:q,.�f�-f ! '€� 1 7"y� ' ,'' '• ',te�.. �; . .�. .i.`•d. ( :a� ' ', � � `x�" ,f; �} �`�:�..i���a, y} ;,`�-,�c?:{�- ��', tt ` ' o�•i€ ""•:''.i,.' :F''3,`;'.�:�'�K.,r f ik i:le ;' �i r ; ,�;, ".#��Y y �S'�'�:�6' , . L,� { �y�� ,, t .�' .� .,,. ... ?i:,"r�_�,�1aF�,����:°' �,:�:�'`'. 5ub'rct to com lian b the issuer with the aforcmentioned covcaants (a) iaterest on the 5eries ].991 f';'' �.;= `� 'rr�'�::��,;i���.�.;�J;��,��. ; -" � '�'t`•�� ;:{-' .�'t:; ;,z :5.. f�,r.: r-i'.: 'y`I�•.�A�'�, ; � :�'. ' ,�� �: .��;;'��� r,.L� 1 .. I �. .r 'Y_f .�+'F��_�5} i .e ;'h' l� P � Y � Bobds is exduded from goss income for pur4soses of Federal income taxation, and (b) intarest on tl�e 5cries 1991 Bonds is not an itecn ni tax prefercncc tor purposcs o[ the [edcral alternati�e minimum tax impased an individuaLs and corporatioes; howcvcr, with respect to corporations (as dcFintd for fedtral intomt tAac pttrposcs), such interest is takeu into accouat in detcrmining ad}usted current earnitigs for the purpose o[ computing the aItcrnative minimum iax imposed on such carporatiQns. We cxprr_ss no opinion regarding other [ederal iax consequcnccs arising with respcct to ihe Series 1991 Bonds. 4. The Series 1991 Bonds aro cxempt irom intangible taxes imPosed pursuant to Cbapter 199, Florida $Ifliil[C5. . In rcndering the op'uiions sct farth above, we are reIying upon t6c arithmcticaI accuracy of ccrtain comp�tatiox�s prepared by Smith Baraey, Harris Upham & Co. Incorporated and veritied by It is to bc undcrstood that the rights of thc owners a[ thc Series 1491 Bonds and the enforceabi1ity thereof may bc subject [o [he cxercisc of judicial discrciion in accordance with gencral prinaples of equity, to thc valid excrciso of the sovercig� policc powcrs af thc Statc nE Florida and of thc constitutional powers of t�e United Statcs of Amcrica and to baakrupicy, insolvcncy, rcorganiza[ion, �noratorium and other sisnilar laws afftcting crcditars' ri�hts k�eretafore or htrCa[ter enactcd. Our opinions rxpresscd hcrcin are predicated upon present law, facis anci circumstances, and we asswne no affirmative obligation ta update thc opinions expres�ed hcrein if sueh laws, facts or circumstaaces change aftar thc daie i�erenf. , , , ya . , ; �� � ti ; +.s � Very iruiy yaurs, BRYANT, ?viILLER AND OLIVE, AA. 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