10/20/1941
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THE lImnJTES OF THE CITY COMMISSION OF CLEARWATER, FLORIDA
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The City Commission of the City of Clearwater, Florida met in
regular session, Ootober 20th, 1941, at 8:00 o'olook P. M. with the
following members present:
George R. Seav~", Mayor-Com1l11 Bsioner
Dan L. Stoutamire, Comraissioner
Sumner Lowe, Comnllssioner
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Absent: Heltbert Grioe and Jesse G. Smith
The meeting waB duly called to Drder by 1~yor Seavy and the
minutes of the previous meeting were approved as read.
The matter of licensing I9Panoram" pioture maohines being
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brought under discussion, it was suggested by Mayor Seavy th~t the
matter be ~orked out by the City Manager and the City. Attorney.
Moved by Mr. Lowe, seconded by Mr. Stoutamire and carried
that the transfer of $10,000.00 from the Gas and Water Fund to
the General Fund on October. lOth , 1941 be approved.
Mr. \1heeler or Leedy, Wheeler and Company o~ Orlando, appeared
before the Board relatillg to Re~unding or the $259,000.00 Sanitary
Sewer Bonds now outstanding. The offel' to refund Vias as follows:
That Leedy, Vlliee1er & Company purchase the Bonds from the govern-
ment agencies at an estimated 102 and refund at 3! per oent, bear-
ing all expenses or re:fiunding, or that the City buy the bonds from
the government agencies, and then Leedy, Vfueeler & Company would
refund at 3; pel' cent bearing all expenses of re~unding. Mayor
Seavy explained to ~u. \1heeler that the Commission hesitated to
t4ke any de~inite action on Bond Refunding when two Commissioners
were absent. It was suggested by the Mayor that the City 1mnager
contact the two absent Commissioners and get their opinion on the
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refunding proposals.
There being no further business to oome before the Board the
meeting was adjourned.
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Mayor-Commies oner
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