Loading...
11/03/1941 .'.... Qf~~;~::~:~'~"'"~'''~''''''''' .-." '.".... ,( ,',:.::..:':).~', :},f;. ;. " .\ : '" I \ , ' ~, ,:,' 'J . '. " , "\li,t/,'~, . I,'" .,., f;'.'O;: , ..\,' . 'f: . ~., ~" 1 I' (, ;1 .., ~ "l ',' ..,'r . ',":) "'2]"" ,'" ., , ' . ' , "H '. ,.' . " ,,' :"; +,v~': <, , ,; " ');1 " . ,":1 THE MINUTES OF THE OITY COMMISSION OF CLEARWATER, FLORIDA ~ .~'~ '..... The City Commission of the City of Clecrwater, Florida ',) ';1 'J !.~ ' t iLY.'0 1/ J " ' ,,' ( r l \ --------- met in regular session November ), 1941 at 8:00 o'olook P. M. in , ..1 I , '.'4 ') I . ,~ the Auditorium of the City Hall. The followin~ members were present: ~ I i I , I I 1- t ~, l 1. I f ! I' ! I I I, I' , ", r I .\ t r. j I' t ! r George R. Seavy, Mayor-Commissioner Herbert Grice, Commissioner Swiltle r Lowe, C onnui s si one r Jesse G. Smith, Commissioner Dfln Stoutamire, GODUllissioner The meeting was duly called to order by Mayor Seavy, after which he asked the Ci ty ilttornoy what he considered the present status of the two agreemen ts in connection with refundine;; the Sewer Certi1'icates. Mr. Richards stated that there was some possibility of the Leedy-Wheeler contract still beinc in effect in as much as there was no time limit set in the contract and that he recomended that reasonable notice be I " .:,} .'1 ,I t \ I { '"J , ."}' '. ~" ,,) " : ' . ,~' : ." . . . .,' "1'" , , . \, given Leedy-VJheeler if the City CorwUSSiOll desired to call oft' the contract. Mr. Grice stated that it was his opinion that the Leedy- \\llieeler contract was no longer in effect. " ~:', I, f j' <,'! Mr. Leedy 01' Leedy-\1heeler &. Company of Orlando 8ppenrad before the Board and stated thet his company had considered the contract still in e'ffect and that Leed~T-Wheeler had offered the R. F. C. 102 for the Certificates about two weeks aco, and that Leedy-Vlheeler & Company was willing and ready now to GO throuch with the contract.and that it would take only 45 to 50 days to cOlilplete the refunding. ,! i I . ,J' ..,' i'. . .' Cl Moved by Mr. Lovle, seoonded by lIr. Smith and carried that any action taken by the Commission at its meetillb 011 October 27, 1941 with Roy Gridley and Company and Curlberb alld Company, Inc. in connect- ion with refunding the Sewer Certificates be rescinded. Commissioner Grice voted in the negative on this motion. City Attorney Ralph Hichards now read to the Board the 'following resolution. RESOL'QTION VnIEREAS on the 7th day of July, 1941, the City of Clearwater entered into an aereement with Leedy, Wheeler & Co. for refunding of the present outstanding sewer revenue certi~icates; and VffiEREAS said agreement contemplated the purchase of the present sewer certificates from the RFO at par, and the re- funding of these certificates by new certificutes to be a first lien on sewer revenu~and a second lien on gas revenues; and VarnmEAS nearly four ~onths have expired sln~e said .I ',. _.:.:\. ,,' :1.' ~ .. '. . '~.1 'I"...'. .. " , -.' .' ,-' ,'." :~:. ...,...... , .. .~- ~..~ --..., .,~ ....... " .,. , ~~~'~~~'-':1i ~:;'~"4',;,;:'" ':'''I,'',:::>'':J':JI~~J~'<~(:'' . -- , ," ':'::':, :" ~' t\~:.; J ~ ,: ' " ',- 'f'1' , , . ' , ., , ~ ,:'~' I ' . l J,_;' ," , ,,' "I:'""':"" ", ", C',' " , f.., t : I, r: (it) L,' "'" ' t "'.. ~. r f. I' F ! ! ' I, I I I I ; i I !' '. ;' ' \ ,,' :::~:~.: l~: '~1~V":' , . '. " .' ~~~;[:' ;': " k:.I"~:'II,~~ '(;;;:'."~;: , ~,;..,,,,,.,.,,: ,:; ':,' .}, '~. ".":.: .:. ""':~;'~"Z:?;~~~+}f;',gt~\:li(' ' +vJ,.~,,,.,,,,,. ,', ':;':,' ,:'-....,.F],i :~::.t~;!~h'f:!J/,:;,~: '. ' , " ':"11' ;", , :' : "..' , . , I . . ,.1 ':j ~ f . \ '1 ,oj ~',; " .. ~ It-. .''f'' . ',' : agreement was entered into and the refunding agent, Leedy, Vfueeler & Co., has been unable to purchase the present sewer oertificates from the RFC at par an oontemplated by suid abreement; NO\'! TfillHgFORE BE IT RESOLVED BY THE CITY COMMISSION OF THE OITY OF CLEAH\'IATEH, FLORIDA, that the refunding at:5eIl t, Leedy, Wheeler & Co., be and it is hereby oalled on to purchase the present sewer certif'ioates immediately from the RFC at par to the City of' Clear- water, and !)roceed at once with the ~efunding of these certificates as oontemplated by the present agreoment between the refunding agent and the City of Clearwater. BE IT FURTH~H RESOLVgn that if the said refunding agent fui~s to oomplete arranGements for the purohase of the present sewer certi1'lcates at par to the Cit~T of Clearwater on or before the 20th day 01' NOVel:.Lber, 19J~1, then and thereupon the City will consider that the re:funding agent is either unable or unwilling to purohase said oertificates at a cost of par to the City, and thereupon said refunding aereement dated the 7th dtly of July, 194.1, Will b e considered as terminated and of no further f'orce UI1d effect. Moved by 1"11". Smith, seconded by Hr. Lowe and carried that the resolution be adopted. It appearing that Roy Gridley & Company and Carlbere & Cook, Inc., knew nothing of' the contract with Leedy-Wheeler & Company, the following resolution was moved for adoption by Mr. Grice. Mo~on seconded by Mr. Stoutamire and carried. RES 0 L UTI 0 N VffiEl~S on July 7th, 1941, the City of' Clearwater entered into a written agreement with Leedy, Vfueeler & Company for the refunding of outstanding sewer certifioates; and ~nmREAS Leedy, Wheeler & Company was for a long time unable to carry out the refunding agreement because of inability to purohase the present sewer oertificates from the Reconstruction Finance Corporation; and \mEREAS at a special meating of the City Commission held on October 27th, 194.1 Roy Gridley ~ Comp~ny of Birmingham, Alabwna, and Carlbert & Cook, Ino., of Palm Beach, Florida, submitted a proposal for the re~und~rlg of the said sewer certificates, whioh proposal was accepted by the City Commission in the belief that Leedy, Vfueeler & Company had abandoned efforts to carry out its contract; and VmEREAS it has now developed that Leedy, Wheeler & not abandonded its contraot but has now sucoeeded in making .,.-.----^....~..."....._..- - ---,-~. " ' 1 ! , ~ i . .~ "I '1 \ 'i 'j 1 .1 I , , \. * . '.' , ' [T'" 'l;">:~:,'r~'"::'::':':~~''' , " ,,'. -. '. , ..j J, .'.... ... , . I' .. '" " . "..,~~/ '. ".,f... ' t.. I,' . ," :",n .' ,". f t, {, I I I,' , , I l ' I I t' I",. " L. . I' fi;' . . ~" f,":' \' 'I" 1 ': , , . . a'!;,." : ~~.~:\~~.~ ~, " " ~ J,:::": . . f~~;,; '; . w~;::;,\i i,~.~~,~:,~:". ~;i$.::,:'~ ' '@~ ' ~i"i'(\~ .. ..":..,t";. '. }~'t:.~ .,:'.;. 1., "') t ,\'~ \' ~ "f:'...;.... H". ::t",; , :,t" arrangements to purchase the sewer certificates from the Redonstruotlon Finance Corporation and thus oarry out its contraot; NOVl, TllliRE1~OHg, Bl!.: IT RESOLVED BY THE CITY CO:MMISSION OF 'l1f!E CITY OF CLEAnVlATEl~, FLOHIDA: 1. TllUt the refundinG propos8.1 made by Roy Gridley Be Company of Birmingham, Alabwtla, and Carlbar~ & Cook, Inc., or Palm Beach, Florida, was subrdtted b~r soid companies in good faith and wi thout any knowledge of the fact that the ct ty was bound by the refunding contraot previously entered into with Leedy, Wheeler Be Company. 2. That in acceptinG the proposal made by Roy Gridley & Company and Carlber~ & Cook, Ino., the city Commission acted in good faith and in the belie~ that the contraot previously entered into with Leedy, Wheeler & Company had been abandoned by that company. 3. That the City Commission sincerely regre~s any expense or eobarrassment that may have been caused by Roy Gridley & Company and Carlberg Be Cook, Inc., by the action o~ the OOInIlllssion in assuminb that Leedy, Vilieeler & Company had abandoned its contract when in fact it had llOt. Mr. John Brown appeared before the Board and extended to the Commission a special invitation to attend a patriotic meetin~ sponsored by the Elks Lodge to be hel.d at the 01 ty Auditoriurll, Thursday night, November 6th, 1941. Mr. Richards now read to the Board a draft of a Fire Prevention Ordinance sponsored by the State Fire Marshal of Florida. The Comnissibn decided that before adoption this ordinance should be gone into thoroughly. There being no further business to come before the Boand the meeting was adjourned. ~.~~ Mayor-Conm ss oner ':..",. ".,' ..., ~, .~:. "" -,", '. ~ ~ ," \', " ". ",' ; "." , : ,i..:>~.: .::.; ~:'.',' . . "~v ,.,,~-,~.. . ' '\ . \ '<.S k'lt:';,1~l,I.:1 :, ,~."", i:,:~;~', ~ ' "';'"~ .~r" . .~,. ,;. ':<. <, '" .,' {:.' .' . " ' ,..'.... ',' ',. '. \ .' ~" ',tV'... . ,'",,' . ".,-~~". '"I <,~' ~"'. ....~.. :::.1 ; :. :?",;g~~;:~'~':';~;~;;i.;;';' ~ " ", '~' . ""i\ i' c ""C" """'e, .," , if y >: "I~<;'i/;?~j; . "., ':'!i<Y'..;:: . : -::;1':' '. ,! ',,,:::;,f , ',', . . " . ; . ~'!~ , ',.),1 , , '. , " :,\ ~ ,'i , ,<. " ...': . I , I , ,::'l:'t: .1 . ; , \. \ -~ ! " ";j" ,\ . '.1 ',\ ,;,j' ., ...'.,. '.,"