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01/09/1942
0 ? ' ???E ?. ? ' t :? . . 3i i '_ . •i ,' i ) ' T'I? A4INUTES OF THE CITY COTg9TSSIUPI OF THE CITY OF CLEARVIATER, FLORIDA + ?. ? ? ? ' The City Commission of the City 'of Clearwatex,:Florida'met in i ? 1 Special Session at 5:30 P. M. .Friday, January 9, l94?. at the City Hall, r with the, following members present: ', George R. I?ea.vy, I?iagror Commissioner ; ,' i llan Stoutanire, Uoumiiasioner ? ? ? Sumner R. Low©, Commissioner, t ) Jesse G. Smith, Commissioner i . D. C. Smith,. Commissioner Absent: None ?I ,? , The meeting was duly called to oxder by Mayor Seavy. , •" ?. t. Y, . ?City?Attoxney Ralph Richards now read to the Board an Ordinance \? '? to be known as. Ordinance Ido. 1?$!? and. covering the details'of the. proposed . :? ?? Refunding; of the Sanitary Sewer Revenue Certificates by Leedy Wheeler Co. ' ? of Orlando Florida. Mooed b Jesse G. Smith seconded b tY?r. Lowe and ? Y ,?r Y ? ! ? ' ?'?? z. , . .:?r,, . carried that Ordinance P1o. Ia.$!? be passed on its first reading. :Moved ,?;; by Mr. Lowe,?.?seconded by U. C. Smith and carried that the Ordinance be ?? ?? . passed on its second rdadin?;, Moved by h1r. Zowe, seconded by I?ir. Stouts- ?? ? mire and carried that Ordinance Pdo. 1?81f be passed on its third and final , ! reading. In all the voti?ig on this ordinance there were no negative votes ?' cast. Below is set out Ordinance Plc, 1?$k v ' . , q ,:, ' ORUINAPdCE N0. t?$ly ? ?', '? . `, ... n n 0 'U U G RD ArdCE A TH v I S IN RI I d TH.? I SUANCE OF 2 000, ? . . ? 59 ?f. ?.: ? .. GAS PLANT ANll SEV'JER SYSTEM REFUNDING R,?VE1gUE ? _:. , ? ? ;;:, ? ' ' CERTIFTCATI;S OF THE CITY OF CLEARCaATI+;R, FLORIDA, ?. r. ?.. ,' ' TU BE PaYABLI; SO ? Y FROM TIiF Rl+'V?iUES DL?Z?IVED d - f ` ' FKOIJi THE OPERATION OF THE StibITARY SEVIEI? SYSTEPd ;yi A . ! ,S ;, - .' ' ' .;', ANll CI+;RT??II3 R1;VII?IUES DERIVED Ft?OM THE ?iPERkTIONS ?? ? ? , ;, , ? . . .. . OF THE GAS SvST?? OF SAID CITY .FOR- THE PURI'OSH:.:. , - ? ,. , 1 ?.. L? ? ' ; ? OF RI;FINANCI2dG THE OUTSTxNDIT?IG SE?'? RrV?ri•NE `? `7 c` t;?' CERTIFICATES .OF SEIID CITY IN THE PRINCIPAL ? ,? }' F` ?'? ' ? : ATl20UNT OF ?p259,000: ?? ? ?,? ,, ,;?` -; .: ?'; ? : HE IT ORDIINED BY THE CITY COMP.fISSION OF THE CITY ?? ? . ` `` , ? .OF ChEARVSATER, FLORIDA; .. ?' `: ?r ? ? . `: ? r ' ? , ? ? Seotion.l. It is hereby determined 'and deelnred that: ` ? : F" ,, ,; ?? . (a'? The City.. of Clearwater,; Florida, now owns, .:operates : , ? ?;,:< , ? fc? ;r ,'` r ? , .and maintains. a Sanitary Sewer, System : (hexein, celled "Sewer ? _ ? ?????r?; .' z v ' : , ? ? l'. ? ' t. >,?, y ? ?. ?I ir`??;, ? ' ? 1J17 "'i :" ? ? ? System".) the' ?constructian .and acquisition of ehich was-originally financed wF $`?,'?r?,', j t ! ' ? ? ? - .r.,..,, ay,2 ?: ? ? by..the i ssuanee of general obligation bonds. ?f the City, for the.. payment F° k"? . *?9 {k, ` ? oP which bonds the ,City was xequired bylaw to levy and collect an ? ?,??? ?'! I 5i A .?,,??? z>; f , } ? ad ge.loreru tax "upon all the taxable propehty located within the terxitoriel S ?+ . ? N f @ T .:.7 ? ? :? ?? ,i x f limits of the City, and the revenues of said Sewex System ,were in no way. ? ? ? ? ? ?r^ r ,. ? ?? ? ?a??; ? ? ?: ? ? pledged. to the payiuent of such bonds:. , r ? ?? ?x?: ??' ?a `' r ,?? i4??u :, (b) 'Certain improvements and .additions havd been:made to ??`?,?"'.' f, ?? ??;? fib said Sewer System, which improvements and additions were financed by , r? ??a j?i`?='t? E ? Sewer Revenue Gertifiaates which were a able rinci al and interest Y `y:jM?L. Yt'r 1, i .. 4F S ''''?x,????? a , ? aale3y Proh the nit revenues oP the Sewer,.: Systen. ,Said, Sewer Revenue ? J 4 .Y ?, ??r4?Nxt?, ? fil `? a ! = 4 ; ISl f ? f ! 1 ? t! ' '?.'?' ? t kY ? t' i ti e? ar .t, >, i r 1i ! ?(y??kl''?,??*4 r) Y f, Y ? !l ? 1r w J ? ? t uY ?'!,}1lr s?/ u??:,??i1 kk+?K s 4''j? tl 4 y f n??tZp 1? { t Y?? ?i. ?. ? ? ? 4 AC .`w4>? ?? ? rhy r r ,nor ? 4 ?!r ° v ? ? t i? 1y ?yh rl {, ?Tw( ? ! ?? P ? 7?OY?' ? i F ??.R?:. iri ? t ??"" .y4 ra`?; .i S S } ? r J 1?y ? (3'? ? ?f ?.? ? t '? r:: 4 ? '. N' ?l r i ?i ? t ???!1Y???* }? Yt'^'i v f7 y? 1 1?q ?r?i????? ?..,5 ??,e i'??i ?1?1',fM 1.Y,, I ? ,? ? , ? ':.1 5?. 5 1?? f j 1Y k ??. 'k "?I,C. ??,y •rv r? ?k? ??' 6k? t ?? ?? ?d,s fj+ ;l ?.t -.. ? , d ??C`?,ta-? ?, . ."?! F< Fi "Aar" ".r . sS?? !??'" s r ?' ? hV??? ;'w'4 ?.. r'w......... ? ' wl.: ? . J. ..#?.; Ce..a.. t: cy.? !L"", i :'}?,, C .14y., it !Y .. , ?? .,.w.,wa .. ... .. ?f.7:wiw:!re. '.h ,k°.?.7?r', e ,: ?4 ) C f t. ??? ?, ???Jr ?' r tf ? ?? ! t!'M?, ' 7 ?'?{> ; ?? ?? :5 y, i ' ?? `?,. ?. }? wj?,i?;. ?'AiP?? ..is !! t ' ? "t' i?'., , ... ????? ?? {?. . Certificates,?+?re`:on?:y?,ind?htbdness payable frors the net revenues of the Sewer System now out-standing, are in the ?unount ?:;? ' of X259,000, being; part of ar. or?gii'?el issue of ;¢261,000, bear- ing interest at 4 o pAr anntun, dated October 1., 1938. ?7aid ? `; certificates are payable on "ctober 1, of each yerar, X4,000 in ,.. , 1942 and 1943; X5,000 in 1944 to 1947, inclusive; Sp7,0o0in 1948 ??` .. to 1951, incltrsirce; X8,000 in'.1952 to 1904, inclusive; X9,000 in 1955; ?10,00o in 1956 and 1957, ?12,00o in 1956 and 1959; ?13,000.in 1960 and 1961; X14,000 in 1962 to 1964, inclusivd; .;15,000 in 1965 and 1966, and X14,000 in 1967 and 1968, There was in the sinking; fund establishdd for the payment of said Sewer Revenue Certificates as of.5eptember 30, 1941, the .sum of ?7 , 660.00 . (c)..The net revenues of the Sewer System for the .fiscal years of its Qperation are as follows: fiscal Year - Net Kevenues • 1940. X6,310,69 1941 6,22o.g5 (d) The City of Clearwater, Florida, a3;so now owns, operates and maintains a Gas Plant and distribution System (herein called "Gas System") the construction and aequ.isition of which wes originally financed by the issuance of general obligation bonds of the City, for the payment of which bonds the City was required by law to•levy and collect an ad valorem tax upon all the taxable property loco,ted within the territorial limits of the City, and the revenues of said Gas Systerl were in no way pl4dged to the II' 1 < ,. a z ? . f?'V, 'i ?-` ??. Y t ? ?? ; ?, ? pay?ent of such bonds. ?,. ,Q-{,..c?.?,???? j (e) Certain improveic.ents and additionshwere financed '?? { ' ¢ by Gas Revenue Certificates which were payable, principal and `' ??"- k t: }? It ' k? / 4 ' `• { ., _ interest, solely from the net .revenues of the has System. Said .' ?;- > i • Gas Revenue Certificates, tYie only indebtedrieas'payable from the t ;' ??t ' fig: 5 ' r - i ; L '. '? net revenues of the-Gas System now outstanding, are in the amount "' " of . ??3,000, being part- of an authorized .is?eue;.of X79,000, bearing :<?,?? , ?' :,+,.,.. ;'r . ' ? - interest at ?% per annum, dated December 1, 1.835. Said certifioates ? ,?? ?•' .. ? .k ?i ` = are payable on December 1, of each year, X2,000 in 1942 grid 194.3; ?? '; S ` s ? X3,000 in 191+4 and 1945; X4,000 in 1946 and 1947; X5,000 in 1948 +.: ? ?: t ,, . •' -`? to 1952, inclusive; X6;000 in 1953.to 1956, inclusive, and ?6,00A ` ,_ -? iri 1957• , .trig r `` r1 ? ,. } 1 ,}'' ?. ?.t.. s ? ? (f) The net revenues of the Gas Systen after =?., ? ,?? . ? . ? , i ,' ,-A? , ' `" fr+??c ?? {'t?;' , °, ': - 'e:i?lowance 'for `depreciation for the last three fiscal years has `?°+ 11 Y? ?? F 5? d. i r;??? ?fifi???? ? `fu amounted to ? the following :'sums:... ._ - ? ,,r , Ft 9 ? ? ?; ?1 t L? t ? , J, ? a?,?a,y? y h k Z tii•r. .? ?'? kl ,? 1,,?,? ??? • ?°`n, ? -_' ? ? • Fiscal -Years .Not Revenues ' . o -3"x:1 ti ? { s ? • w ,? .? ?f? _ :?fi? a;'#?? ? ?>>z+,?+r?,_ end .. ? . o .o ? :i: f??'?w ? f • ,r ? ? ?. ing +A.pri l 30, 1938 • ?k3 , 7 9 7 ? ,;. ' ,? M + tr S t . ? ..,ti4?' `?,? A??1 ? s 1" ? i .r, ? " 1939 48,056.61 - , ? +???:.. 4 y .C +w l 8 0 2 . N5• . 940 4 59 3 ?•? _ ? r; - t+ .. .. r , . ? ? ? ?? ,. ' ?`? s .?;?;?,? ,S?rk??,., ?'??L?? °-r, * ,` " Jude 90, 1941 $0 ,134,.2. ??;? ,???4' ,, ,i :'{u.'I?'1"r?RZ,?t,??vv-1fC..??#...+:?i " ?S ,.rF.. 1!?•,.. ;+?".?„i•?i`, •?`+ v .t<'t'?.. '?., :,", i?N .,?.1+j. :?w..+ .f f}1? ?? l?s`?,. .?,??fi3„w :"1'j r?v?`•'? +ax: " 9 `t {+2? . '?1,. .r ? 5..1 . $'W` .. .. , ? 1 '?4r. r'? ! i.w' .?{ . t: ?? k ?,an ... ,.» ,,, Y . t.N IS? e4 }. •? R •1' . 1 r v rt 'S" • `••? ,? ?? ?? (g?? `the Sewer System and the Gas. System are both ? t administered by the same department of said City and the net ? estitnated revenues of,the'SBwer System, together with the revanues of the Gas Systarn hereinafter pledged, in each f?tsoal 1 . year, are in excess df the amount to become due in each such fiscal year for principal and interest on the Gas 1'land and Sewer System ? !• Refunding Revenue Certificates hez?einafter provided foi•, after making; provision for the payment of the principal and interest of the out- ,? standing; Gas Revenue Certificates payable from the revenues of the I Gas System. (h) It is riocessury and desirable in order. to reduce annual { debt service regitirernents and to provide for the orderly liquidation ' E, ' of the oiitstandin??indebtedness.of the City's Sewer System to authorize ? and issue Gas Plant and Sewer System Refunding'Certifie«tes ( herein- . after referr?:d to as "Refunding Revenue Certificates', in. an aggregate .? t principal amount sufficient to refund said Sewer Revenue Certificates . ;? presently outstanding in the aggregate principal ?unount of ?z59,000. ?? ? (i) The City of Clearwater has authority under the Constitution and Statutes of the State of Florida, including the Charter of said City, to establish and maintain a municipal sewer system Y?mdx?c--?x?ac$?,?,?5D?1C'? ? and a municipal gas systeii and is legally authorized in its proprietary capacity to anticipate the collection of the revanues to be derived from tl?e operation oi' such systems in order. to protRide funds for the payment of the indebtedness incurred in the construction of such ) , systerz, or either of them, or in providing; essential additions and ? facilities Therefor, the exercise of such power being an ordinaFy and usual function of fiscal management incident to the City's authority to own and operate safd systems and is authorized by the Reveni?o Bond ,: ? Refinancing Act of 1937 to issue and sell its refunding revenue Certificates • •.:, . , . for the purpose of refunding its outstanding Sewer Revenue Certificates. (?) Leedy, ti`?heeler Fc Company have agreed in writing to exchange, par for par, the outstanding Sewer Revenue Certificates of said City, bearing interest at ??;o per annum, for the refunding revenue certificates -, to be authorized hereby and to bear interest at the rate of 3?? per annum. Section 2. In order to refinance the outstanding Sewer Revenue ?? • :=..: '`;?'•:`?-.? Certificates described to Section 1 hereof, there shhll be issued -??'' negotiable Hefundin? Kevenue Oertificates in the aggregate principal ?'•° ? ;;; amount of ?z59,oo0, which certificates shall be dated October 1, 19.1, ?.?,rz be in the denomination of X1,000 each, nunbered from 1 to 2Z9, inclusive, ,? (.?>• ,, ,.. ? 4 , `:?;?;:???? - ,'.= ` in order of maturity,?? and shall bear interest at the rate of three and `4? ? ??i -t.`?t { y,'. S ?1. ; rv ? ,t :,.?.,,?.. ?,; : • ;; :; one- uarter er centum 3?,o per annum q p ( ?') , payAbl a semi -annually on Apri l i : .; ???,tv t. 7? ? ? 4 ` ? ?? ? ? ? + 1T?L` ?`? ? .. Pirst and ?etober ? Pirst, the first interest payment to be made April 1, Si { ,?; ,? ??? ?,fi'???} " ?? ? end both rinci al and interest Bhall be 1942 P p payable at the office of s ?i,, s, , . , Cfc.. a { i ?' ? g . x . It ` ? i{F??) ??;?•r?+? f City Treasur®r9 Clearwater, Florida, or at the option of the Molder at ;:tY???r;,????? , 2 i 1. -} .. r i is a? ? 3•jis? t? ?x <?Y ? r , ,f t ,,?t ? , , I the Chemical Hank & Trust Company, PJew York Cit New York. Said certifi- ?` ?4`??y'a '"?`? ?b • •.yl???1:;4y''l. ??.. r1? +?*?? I ?Y. '• ,i ? f{.?? 't ? i,.'r? .'i. C{i:C .%. ...s ?tt .. ',t ??:- ..'._. ,. 4. ,?.7 ? ... ? ?. t?? e.xH h?il ?+'• ? '} r1t t ? ? a i _?y . 4 + ? ? i 4 ? .. , , .. ? ; ? e 4'x7m.?.K,?t.,?; ?.? ?i atj$ ft?r'??+:+•,c.. ;r ?? ,.,u?4 .?i} .wi .L °a.tn .?, y:i "?`? ?5,, r ^? t.. h ?7R? +. ?.Y. ?•` ? rr,.;.. K ?, ?TSt ? : rye. } J ";k y .;y ?y it, [,4 y' alt }t d(., x ? ,14? ? M ? ?. e ? ? ?y • {f . ? A,iG . 7 S•.' ? 5 h ? . :'F': ?7 • .i? ,i'h , f.t ? dFyj C'...??,'.y1 M?ti %? "4..u }s' ?f •rs??: t''1V'?}.rf};i J i'. ?? ? G .? ? ?1c.k? :;, 3.»....? t ? ??'S'? ja???? r -? ??,?4;;''tlrr ' p4i?,,P-:.''"}t'`•,. ;ty k? Y 7:?:"'?,,..,??.r?.?, 1Ji-#.?: ° S F•. .. \ .f; ? ` ? ? t t `} ? .'tt'? ,,??,S'?'+f?.. +y r 'SG?'`?' x ? ; y L b?' ?S? 3x. ,a' ?Sr t ,+4. .A ,J >a, _•, 7 ?< ... ?,«k,;:.. .,,, . t.. 'a ?:?.'*w`iti a?ra.? ? s 'ti?°'e } t r: . :?:. r ? y ? ??: ? ? ?? t :. ?:i: ,- ? ,, ?' Dates shall mature in nunerioal order (without 'option of prior redemption) 1. .' :on •October 1 of each ' year as fi?llows: ;4,000 in 1942 and 1943; ? ., ;p5,000 in 1944 to 1947, inclusive; :7,000 is 1916 to 1951, inclusive; X8,000 in 1952 to 1954, inclusive; ?9,0OU in 1955; ? ? ?. . ?10,U00 izi 1956 and 1957; X12,000 in 195£3 and 1959; ?1?3,000 in 1y60 and 1y61; ;14,000 in 1962 to 1964, inclusive; ?15,OOU ? 3m 1g?5 and 1966, and :;p14, OOU in 1967 and 1968. S?iid oerti- ` ficates shall Us issued izc coupon fmrri with the privilege ??, of registration as to prindipal only. Said oertificates I shall be executr?d ozi behalf of the City oi' Clearwater by the City Auditor and Clerk and City Manager and countersigned ` by its Mayor-Commissioner and shall have the oorporate seal • of the City affixed thereto. The int©rest coupons attached I to said certificates shall be executed by the facsimile sign- ' atures of the City ??uditor and Clerk, City Manager and P:layor- ? ? • -. ' ? Commissioner. ?:`: j i Section 3. It is hereby determined that the period ;t: ` • • - of usefulness of the Surer System i s not lesig that thirty I ?:, ? ' a - (30) years from October 1941. i i •' . ` ? ,. ? •. ? • ' Section 4. The He?undin?; ?teveuua Certificates and .?',_„_ • f ?` interest coupons attached thereto and the provissions to be - ??; . -• 'endorsed on the baci: theroP shall be in substantially the ?? . _ .. Following form: s .. , i ?, r :: t k , ? . No .` .. UPdITEU STATL+'S OF ?I?ERICA ??. , 000 ? l r , . `. ,? ,' ?. t? :: ST?,TE OF FLORIDA .. t ' 'COUNTY OF YINELLAS ? ;: s: • t r ? CITY OF CLEAl??`dATEi2 `. i , ?:. ' , ' ? GAS PI:LANT AND' SEit'dER SYSTIItZ ? `w - REFt1NDING RL'TTEIIUE CERTIFICATE - ? .. - { ( ? ?? ;. r ... . , .. ? ..:, ? ?l . The City of Clearwater, in the County of Pizlellas, t ? ; -'. Yi .. s•municipal. corporation of the State of Flori'd$,? for value reeeive?d, `? Florida,/hereby promises to'pay to the bearer; ? or,if this - t .. .. .. .. , va; • ? ?`_' 9ertificate be registered a.s hereinafter provided, to the ; rr ,' _ registered holder thereof, solely from the special fund i `% t _ ? is - i provided therefor as hereinafter set forth, the principal ,r.$r:' t 4 4 ? stun of , , M1 ? # 5 °ry . _, ONE THOUSAND DULI???S ? r ??` t ;?4 M1 ' r` (1,000) on Uotober 1, 19?, and to pay from said special ;{ ., .. fund interest on said principal sure semi-annually at the • rate of three and one-quarter per eentum (3;10) per annum ??? ? `, ?t on l?pril 1, and Uetober 1, of each year until maturity of `Y?`??;• r ? ? , ` ? =? i'T° ??I r' " .the principal sum hereof, upon the presentation and surren- - '? ? :'' r e r f `tt t r ?f'ti. s; jR4 ? t. - ? i k. ias??R'?.i. ?st?rt ... .. ., .. , .. .., ... , {i `?°??r? " ? ? ,r der of ? the annexed interest coupons as dhay severally become ? 7 ?. tit,??„ja d.l?.7i ??yY Yf ? ? j ,.. .. •. ? .. .? ? ? ? ; l .r ?,7 + i,? r .'?u?'?p?? ?`??N?„'' , ? ? ? due.. Both r p d interest ? ? ., 3t ?;, ?+tS?1?? .h?;b i? ° ? K =„4 i p inei al an of this 6ertiti Date are ,i '°, ? ;, r??? 1;,. '?? ?.?G r ` !-,? .*. '... i., ? '?. .. .. ?.•. ,` '? ? ?. .. ? ? ;-? tyS 1p t, , !a? Him ? . ='st??Q, ? ?°°?? "r ? `payable at the office of the,City Treasurer, Clearwater, - f? a':?,?? A •trt{x l?F °i. i? I r 4? 1 ,?'. A> r .. ? .i s, 'Y =)? .r? i w t +i 7?-??' '£'' ?r . 't? , . " ? ?? ? ?. pr?. 8tt1.. ,, ,.. ?... ?. , ., .: ? . ? ? .? .?? ,,J~ art rk"t.?`t`I';, C??ii • ?, a? ??, Florida ? ` ,?4.. r.' ??a,??s,?,? ?, ?, ? , , , the optiozz oP the holder, at .the Choni cal ; ?,?;, ;???????-'uG"f.2s;? w,;^? , ? : s y:,?• .L, x ...n+.J Y 4 Q.'i .. . , i : _ ti i L E. ;#:;J{.'t-??:r. ?'' ' ` 4??ZJ{ ? t ? ? ?TTUf3t ,?. ?. : i : ? .. ? ? M1 >??}?.??: K4?'} ?i `° ?`t;t. ,?? ,?,:?.'? ?`';,L?ta ir; , •Ea Company, in the City and. State of New'York, ? n}, Nfr?,d, ??;?; '"•?< t , iby?i ?6`hj'?r"}w?e xC t ? ? ? ? r ,a. ?. .n, . .. .. ?; i? ?jY ? t 7. zy* rF.•'S {?({'IuXa YI ' ?; 3,?yk?k ?rlh vt t, ,M'a S.j•.,n,??.!.-' iM1 t ?r i..rn t: .. .. ? ?b.. `.4.}??t?'fi?i>.???}j Cy 4"?N??-..?t `p `?." 7 ii. ,,?.?~tr'Y? S?.:lt{.J? tisy,. ?.{? ..t. y? n .t ? ? .. _ .. .r --r ?„5 Y ?i;? ,i: ?rvj4r?s{?i1?',,: F,'•' g .. 'R'e. ? 'h ?,?y _ r,,::,' ,.ry,.. ?(/i{ M1b;r Mr .ti':.`b ?.? 1. r4??? "'."'WD.tWidP$?7A"Sri.Y7nn. v?;. .N.. .tact ' J,r `.,,• )? 'r ,• ::t. ^ ? . ,.Y .4;i+; 1' ,.'?. .`?R'?b?p? Y `^N'v?i r..o' . S,Y '?Y. 6 " . w''.t`: ,T. : •r;P°; "r :: .; .,....., r ? `.s..r?.,? .t54. :•M1., ..S ,.nEv^3,_,nr, i.-bS1:?+:?.n?:?FVer_?Ln• ,}?Y?.. ?i?i-'?' ','i .k?..:.r•'t,. ?r.?,..J..... r t•:?;,. ,,.;:,'m,=,..tt.^??:? i?Y!' .tr:.. .?l,U:,,:. _ ..? }f_ i?r.> ? ?x,i.??:L !. F` ?5}i? t `+'> J.a.rr,riw?z-1.?'1?S?tii?s`31,. .,t •? d4?{9: .?..e. ':L j:. ;;' 4?!?,?d.Y.r .r.•,Y,`?:?'':s?:t'l, t. i;*ts,, s L-',.? "?7w >q, ?I..:•ll :,.. ..? , ; . .. ., ?... • ? ,. .'. ,.? ... .`:. ' • ' ?., ..?? r 4 .,:i. ?5 h`?• ,it ;; ?, ?,x,J-, rE[•rc .4 < ?, rr ,fr, ?} tt .??,"+ FM1 a; Tj sjf: , .: ? ,. ,? :• t:. ?• 1•:.. {>~ ? 1 ;t ? , ,` I ?. ? r'? ?'? ? ? ?? in lawful money. of the. United States of Amerioa. , ;i? ; , ?! ? This Certifioate is one of an authorised issue limited?ta; ,? ,, ? , `I an aggregate principal amount of ?z59,000, membered 1 to 2g9, inclusive, , ,a all of like date and tenor except as to dat?3 of maturity, issued by laid ?;? ? , ,City under the authority of and in full. compliance with the constitutinn `? and statutes of the State of Florida, partiouldrly the charter of said ? _ City, the Revenue Bond He?inancin?; Act of 1937, b81ng Chapter 17751 ' { General Acts of Florida, 2937, and an ordinance duly passed by the .? City Commission of said 9ity. The issue of Certificates. of which :,. '; this Certificate is one has been authorized and issued for the purpose ?' ?.? ? • ;. of refinancing certain valid outstanding sewer revenue certificates of 'j ?`. ,? I ? ?. ?, !;?j the City payable solely from the revenues of the sewer Qystd?u of said- ?? ;.City.. Said ordinance provides that the City shall fix and maintain rates '? ? ? and oollec? charges for the facilities and services afforded by the sewer ? system. and the gas system of said City which will provide,revenues '.4 '?? ..sufficient at all times to pay.the cost. of operation; maintenance .and, r. repairs of said ?ystems?;?:dnfl'?ta pay:?:ntor:ahd Certificates 'Sinking' ? . t. "'? Fund created and disignated by said Ordinance as "Refunding;Revenue .: ' Certificates: Sinking Fund!', a sufficient amount of revenues over and-, f above such cost of Qperation,maintenance and repairs to pay the in- terest.en and principal of said. Certificates as the same shall respect- '? _ :?? °: ively become due, and?to pay from the revenues of the gas system the principal of and interest on X73,000.00;. Gas Revenue Certificates, '' ,,,, ?'? dated December 1, 1935, now outstanding and constituting a prior ` ' charge on the revenues of said gas system. ? ?;? ? x Y Both prinoipal of and interest on this Certificate :.are.,,. _ '? ,: ° ` ? payable solely fror? said Certificates Sinking Fund and neither: this ? - ' ,, Certificate nor any of, the interest coupons hereto attached shall in ,. `' any event constitute an indebtedness of. said City within the meaning 'q l (!, ?,? of any. constitutional or statutory limitation thereon, no??is the City ?' - ' ?of? Clearwater. under obligation to pay the same exceptProm the ? revenues rY ,, is = rje . `? derived from the operation of said sewer,system and gas system ea in she ?"? 'f ,J , ?? ,? ? ? . t,I _ , ', , aforementioned ordinance provided, ? ., ,;?, ?:, , '''? `•" ? ? Ks additional security there has .been granted to the. holder. ? , •_+ ?'; t ? t l t ?, ? of ..this 6ertificate and..to the holders of all other Certificates of -the , tti?. t `k, _' ,,?? ? issue of -which this Certificate is?:one:; 'ell the :rights, powers ,and. remedies x , t, ? _ , . . I i ,r.?? i _ +fa?;??, ;?+?; . ? to which they would be entitled if they would be entitled f they 'lucre ,? " ' ", „ . , r ix+? 1r { ?i,,. j?°5?`? ,j,ti, the. owner. or owners and had possession of the Sewer Revenue Certificates 1. . ,;?°??„??,, of the City for the refinancing; of which the Certificates of this issue '" 1 ,?,Ag1?y"?1????1A?J ? .. i? ?? ;,3 `? - have` b?esn authorized and:?i?ssued, all in accordance with the. provisions ''? ?? ` } t?}?>tat7??? ''r vv???? k "t _ ? 1 " { ? of the Revenue Bond Refirianoing Act of 1937. ??'„ i?4?? r;,, ' ?w? ?- r ,?? , ,,? ? . Y 1 ? I «, •w???P ??'t " ? ? , ?? '? %? ? This Certifioate and the interest coupons hereunto ap?er• Fr"Y?? ` x?a??'??;?? ?$ , ??? ? ? ???? ?a??? ? ? "?; ^" ` +??? ? } `? taining ere,iaaued. upon the following; terms and ,cond?,?tions to 'a].1 of ??? ? ?' ?° ?;""+^?' ??, ?'s 'L?e 3 ""ti4??? ?'FJ ?_ 'l?lr+ ? e ='? ? ? ?t ? ? ., ? ? ? ? ??` Y?r :k 'It ?yiti? ;?i?s x`ri?F?t;?h?514 + a '?4}? swp?p/) .? ?j ('? 'y'? +? p p ?1 „ t??f y.A y? p? ???? ??5i<??i .F', ?t;??"? ''9?it%tt "j?4fJUr ?1?? 1?? ?i i???? 4: ?4? VfAY?,???A8?,1 ? K?1?1??8rVo1.';VQU8VL 417' a11d.?G?rB??• sf. ,?ul?,? ,,, + ?wU' 1 ??F ? „?? 21 Yr`?`?+`??'rt?iil?f? of r r? ? ? ?, a ?. w.ryi?JJ,+??,,,.? +n ?, v, ? ? t1;?s ??b?4 7 ; ??. ?. ?. ? :.???>>,\., .?:,*?,t 1 v.?i'A$??y? ? r , !t ?,s: Ih ????"?tR i? ? "'Mj.'i? v ,. ?' ?'?? ? ??1.i,,. ??Y+t ,?{!v ?+ +^'`' w ?" ?4?.1 '?7? , t"4 ;'.r ? .ra5 , ,i? .: ?, x?• da; it ? .. ail ?? f ?, 1 v ?. 1 t .: ? Wes.. 9• . !j _ .. ... ,. .. , o 4t ?+ ?r ? ? ??? tY ?? r.?? ? u? r{I?? ,Y 1?:? ?r ?' ?'?, (aa' Title to this Certificate, uiileas registered as herein '.E .? + provided, and to the annexedintsrest ooupons, may be transferred by ?-' delivery in the same manner as the negotiable instrument payable to 1. ?:. bearer; and i ??? ?. (b? Any person in possession of this Certificate, unless registered as herein provided, ar of the interest aoupona hereunto i appertaining,, regardless of the manner in whioh he shall have enquired ?? possession, is hereby authorized to represent himself as the absolute t. ?. ' owner thereof, and is hereby granted power to transfer absolute title ,. thereto by delivery thereof to a bona fide purchaser, that is, to any ? °? '., one who shall purchase tYie sane for value(preeent or antecedent's without ?: ?? ?; notioe oP prior defenses or equities or claims of ownership enforceable ?' against his tranaferror; every prior taker or owner of this Certificate, '.' f ? i. •? unless registered as herein provided, and of the annexed interest coupons, ?. , waives and renounces all of his equities and rights therein in favor of f every such bona fide purchaser, and every such bona fide purchaser shall ?'. r;.,, acquire absolute title thereto and to all rights represented thereby; and ?: (c) The City of Clearwater, 1'lorida, nay treat the bearer - ? of this Certifioate, unless registered as herein provided, or of the ? `' t? interest coupons hereunto appertaining, as the absolute or?ner thereof ? ? ' ?.. 4 ??for all purposes without being affected by any notice t@ the contrary. ? ` J "- This Certificate may be registered as to principal only 4 ? ' :. ? Kc,.,' in acoordance with the provisions endorsed hereon. ? i,,' h !f V i ? IT IS HEREBI' CERTIFIED, RECITED APdD.DE(7LARED that all sots, ., ,+ ??? ( ? ? s. conditions and things required by the constitution and atatutos of the ,. ,. ?'?.. ? ? ? i = ?'f°t ?. State oP Florida and by the ordinances of the City oP Clearwater, Florida, ? s` e ? ? R ??f' to exist, ? happen and be performed precedent to and in the issuance of ? >? r G ,??,,;,? ? this Certificate, have existed, have happeried?and?have been performed in '. ?` ''``?` r ?? ? r duetime, form and manner as required by law. ? r' rr 5 ' . -? ? IN `?"FITNESS vt1iEREUF the City of Cleartivater, in the County oP? ' a ? ?' i < ?. ,.i ?S t,'.' 'Pinellas, Florida, .has caused tr?is Certificate to be signed in ..the ns?ne ?' r ?` ' ,+ of said City and by its City Auditor ? Clerk and City ?danager and. j' '? { `! countersigned by its Mayor-Co?unissionor and its corporate seal to be ? ?? i ; T? `{` hereunto affixed and the interest coupons aruiexed hereto to be exenuted t ?` by?the faosimile signatures of said City A?iditor and Clerk, City Manager ' t, _ ?.?;• ,? '??;? ? 8nd Mayor-Cou?nissioner, and this Certificate to be dated the first day E ? i° ' ,. {'v;?. ?? ? ? ? ? of? Oetober,1941. :. ? t E rti ';?i ?t? ? ` l = ? `' ; .? ' ' CITI' OF CLEARWATER, FLORIDA, , ?'? ^yY4 ?"?t ! k ? ? r '? ?°' ' t ? t r ? !, ?«?i??r ??y?,? ?? ? - ? ty Au tar ?C er ? ?{ ; X?? f ? ` AAAAArEp^ _ Yf j, X41 '?M ? ???FP'?? ?°, Count or- of fined : , . ?.: ; ? ? _ . ? : `s«` ? ' z ?` ? ? ? . ?Y??S ? ?•t ?? ? ?? d, ? r `o yx fir. ?' '`? + "???.`a,t, ? ? ., . .,.i, ... ? l.y.r . ? . ti{Y?Yi, r ?`2 ? ?3 ti^+. ! r? "'? ''{?t? Y? , ? Y ?? , `r ? ? eyor omm sa oner ? ? ? ? ? ? ? 1Y ; r! t r k t f{ s??a? ? ?c aCi '?'?? ! ?YNt i i ?? ?W °"F' _ ?? R ??'?, t? ??? b . ,, ?41?y?,.y. Mane(}er ? ,, „ ??Y????y,,,????,? ?? ? r?1 p ? 5 '? ? x ??RV??Yr'n.?3d ??r` ui. ? ? 4 ? i ?, ' ? .. ?.?R?mF,?^ , * '.. .? ?'?" . ? ? ? ?, ?, ?{???`??r?tt??t? 'pi' ? d?.tp g3 ?ih??^! - at: ?' '?..y?'.., M!? _. ? .. :?q ? t: h?l? M ! y?p7a r ?, ?,}7 ?a? r ? ? U rk'? {`Gr ; ?I?• i. @ 1F? y t..• a v 1 A' X'l? >. ? kYy'X.1 .ti..,,. ? ' ti , ,'? ,44 _.. ..._._... ,...,?...,. _ tr 1! ?.? ?. , t t' ',? t ? ;y? a ., i ?}?z ,? r k??? Y r. • ?,.., ...1 . ,, .... , .. , .. ,? ?? t ?? r ? ? . ? . ?i ,, ; i ?; ., ? ? ., _ (Validation endorsement) k f , ;. ` ,:?? '? ? Validated and confirmed by decree of the Cirouit Court of r ?' the Sixth Judicd,al Cirouit of Florida, in and for Pinellas County, ? M ' ' 4 rendered on the ,day of , 194,. i lTd jYITPdESa 171?REUF Z have hereunto set my ahand end affixed ?? q? , ? '! ? the seal of said Court this day of , 194. • ;; ,'. :E . -. C er , rau t our n an or ?i Pinellas County, Florida. ?.': ;; ? '? :. (Seal) 1 : ,,`,` ? i -(Certificate of Registration) ? This Certificate may be registered as to principal only ? ! ?. ?; = ? on t'he books of the City of Clearwater, Florida, by the City Treasurer ? ' f r: ? ? of??said Cit ?as Re istrar orb such other ?e istrar as ma b'e'a ointed Ys ? ? Y ? Y Pp ?? r ?. ?` : ?: , ? ,r, r .; . ? :?;?? ' by the. governing body of said City, and such registration shall be noted ' t; '.. hereon by said Registrar, after which no trans?'er of thin Certificate } '' , _ shall be valid unless made on said books by the registered oraner`in person i x? _ or by his .duly authorized attorney and such transfer endoraed'hereon by ,? . . said Registrar. This Certificate tmy be discharged from registration?by ?, registered transfer to bearer and thereupon transferability by delivery ` :. shall be restored, but this Certificate may again fror? time to time beg= `;` ,?" ? ' registered ?r transferred to bearer as before. Registration of thi?sA?? ?` },?:_ ;? Certifiaate' shall snot affect the negotiability of the' coupons hereuntd?' ; , ? ;? . attached and said coupons shall continue to be transferable by delivery 'Y;; ,r. ans'shall remain payable to bearer. ? '? ,? c ., ... :. DATE OF REGISTRATION REGISTERED OWNER ' REGISTRAR ?` , h , ; ?;; ? ? .: ?? ?' ' • _ :? ?` J ' ? ,:. (?'or?n of Coupon) ? , k} ?A% ?`°i' ?? r No . ... ? ? .. :. ., , X16.25 ?; ? ' ? .. ? . :, r `; ; Un the first day of 19 the City of Clearwater . ,. , ? , , ? ? ,ti ? '{ u ,,?; ?, ti ,,?`, Florida, will pay: to the ?boarer hereof at the office of the City Treasurer, ? ; a'`? ?? ? ?' it ?'?1,n?? °5;y i; ?" Clearwater, Florida, or, at the option of the holder, at the Chemical ..Bank ?r ,,? ??? ? ?r F-? r N?; ;,([??(w,r?1,? & Trust Company; in the City and State of New York,, out of the `CertifiaQtes at"t 3X?'4f?d???r ?r?,,???1y,???t r???,L ?, U Sinking Fund described in the attached Certificate sixteen and"?25?/?00 1 Yd4/lt?k? h h? 1 ????????:? +` ; ? (?1,62'S) vollars in lawful money' of? the United States' of? America, b??ng .. ,; ,. ? ?, r ? ? :. ? ?;,t`?? ? ? , . :; , r k y{? ,? six month's ?i?ntexest' then due' on its ass 'Plant `ands Sewer 'Syetam 1{ePu?ding RQVenua ? >t A ;? f i? r r ?? . a r ? ?s2a??>? ? a ? ?>?'` r ? CertiSiastei?' ?deted??`aotober ?1?' ?191?1 ? ,ands numbered ?? :?`?; ...a ? ???^ ? '•' , }- FYI` (ray$ i9 ?` k 7 r 1 k f ?1 ? 1 ?w+rw. ?f: ?k. tE yy r ?,?Y i? ah't }r i a w x ,V.LI.L 'VL' i/ ??. 3'. ? 1? b4x'r3.?'+ ? r J 1 i, r4 ,: f,az'?. il? ? ? 1 i? f 5 :.,?r ?.,., i r?. > , ,.?, ,," ?' `?p?;?? ?? ?d?, y ?, ?,, , ? , LBARWATER ?I?I;ORIDA . i . ? ,. .q(,'L ?7?? 1??SM?.'r+??f}S r? ? ?"? ?+l ? kx?S,?ti t?, l? i ,, . f, ; f ?t? is { ? A r? ? ' I ?.i^4 y." ?A ?`slr in ??? ???r ?• c. y? ! m? ,N.l, r .?- , t 7 ,, ., ?,? ?.., ., 1 1 1 ? ? ^+.. .?'? :'tn ?t Ki'c1 d a ?r'S' ? ? d 2 x:;t 91.1 ? tit i 4 "'1 + A f 5 1 .k ? ? M, k f ?? ? U'?` ?xr,?tt? r! N ?Z1 J ? h!f 't r d ? I ti < 1?,,. , 1, 4:Y , '. a y ? '^. +* ? yy 's i' V'7'r, f' ?I?'?' ? +? c r .:Mr 1 i! n .. ? .. -;'' r 1 ? M?'???"I??if??4,'r r ..s R ? J '?f ES''r X>(? 1w?y L?'??*f?? j is 1? ? ? ? ? r '?? a. ? .??,??` ??rrd ?' ??1 ?? w .r r ? ?? ,, ?i ? Auditor. ? iR?k i js s?+s rv. yq. ' ?,K . 1._. .:?.di.'t'i_. it'll n..n?'?1?r??'4?.?fi,?'.rkn, .< >_f:. .,.. r .,. ...._,..?x....? _.. .u.. , t?ta. a a^k t:}k, ?h ? %?.? ., ?1 ?'?;.; ,, . ?, ,. ?? :I ? z . r 'k ' r ? :,?',,.. „? 4: i 4?ti,? '; H ??? ??, r/ ?'?, ,-Y r Section 5. Said certifioates shall be registerable as ' r: ?` to principal in accordance with the provisions for registeation here- _ ? inbefore provided to be endorsed upon said certificates, and the City ?? ?? . ` Treasurer is hereby appointed and designated Registrar for the purpose .. , of registering said certificates. No charge shall be made to any holder of an certificate for the rivile e of re istration herein Y p g g ?. granted. 1 Section 6. The Refunding Revenue Certificates, as to both principal and interest, shall be payable solely from and secuxed by a first. lien upon and an irrevocable pledge of the revenues derived Pram the Qperation of the Sewer System, remaining diter payment only oP the reasonable and proper expense of operation and maintenance thereof and' by a pledge of and lien upon such portion of the revenues derived from the operation of the Gas System as hereinafter provided. Such certifi- .' Cates shall be equallp and. ratably sevured without priority by reason '? of ,number, date of certificates, issuance, execution or delivery.. Tha City; shall be under ,no obligation to pay the principal of or interest ??-, on; said Certificates or any part thereof, except from.the revenues ,of l the Sewer System and Gas System as in this ordinance provided, and ?? the. issuance of the certificates shall not create an indebtedness of•• the City within the, meaning of any constitutional or statutory limit• ations thereon. As additional security for the certificates authorized ?k;?` ? ?? hereunder, there is hereby conferred upon the holders of said certifioates and each of theta, all the rights, powers and remedies which staid hold- ers would be entitled to if they were the owners and had possession of the outstanding Sewer Revenue Certificates Por the refinancing of Which the dertificates issued hereunder haV?e been authorized, r Section 7. Each of the Refunding Revenue certifioates shall :?? contain a recital that it is issued pursuant to the Revenue Bond Re-. . ?«.; "? financing Act of 1937, Chapter 17751, General Acts of the State of Florida,, .1937. ', ` ! ? ,y ' ? 4, ; ??? , ., Section $. The Sewer System of the City shall continue to f yil t?kt Zt? MN1 r??3?`?? ?, , ? ,.,, be operated on a fi,saal year basis, .commencing on the first day of. _, ?rrf'v?J."" t `'bud.! t ,. ?? ,?`'"' "s'' , , i October. of each , ??? ? year,. and. ending on the thirtieth day of, September. a ,J i t SY4 G 'A ? '? I 5 ' ?l ,p ?, i i. ; r, l..rs. ?..r r d i Y 1 011???ng., . ..,, ? r ,, .. ., .. . ? ? ?`????? ?E ? ...-. .. , ? ? ,, „?k??"k}`, '??'?,A ,,: ; , ;'..ASE , .,,, 80. long as en ranci al .of and .. or interest; on, any:.of tl?e ? . ? {?> +x?.. ? ?? ? ? y p .... p ? ??? ? ?< ??a?? ,5?????, ? ,? Refunding Revenue• Certificates herein ,authorized to bs issued ehall' , „ ,? ? i ?Hk„??? ? , ;? ,r remain. out standing and unpaid, ; sl1 oP, ?the_ revenues rderived from: the ? :?. ; ? ?????r ,w ,; ' ?°? ;??°r: fi? ?, opera.tioA of said. Sewer' S st,am?.shall be de osited as received into L ? i r .: . c?} ?z? m? ? '?? '??????`'z.°,i?,???i?? ?oo?unt designated "Sew®r Revenue Fund" and the moneys in said ?5 ? '•"1?' A ?kY 1 ! 3) bhrF'yp??? wK i 5 t ?: .. ?'W^' ?' ? ?4?SN fw,w,..r,J„ , ...tA'RS,.vtn.ta?'r?56 r ! : y: -r ?:,, e L... r• •? ?t?; t .? ???"4 I •? ?? ? ? ?' x, ?. k r?? ??, ? I ? , ,?. P t7 t: ?r r?! t H Ak1 ? .1 F vt .?.. ?it'?,E??n ?'•z i^ ?? F, ri MS Fd ?? a f ?? ?; ? ? ': 4 . i' ,: , it j ,, Ott . " ?:r+;?? ??'if I? r j?. ;' ??? 'A!tt i N F , ? ? .. ., .. ? ?: :y / ', I` ' }:. r ?. ? .,? .? ' ? ? 1 Sewer Revenue Fund shall only ba set aside into separate and apeoie'1? '' ? funds, as follows: (a) Operation ,and b7aintenanae Aceount. ?,; ?' Ther`is hereby areated and established a fund desi??ated ' ? ?' '? "Sewer Operation and Maintenance Account" (hereinafter Dolled the' "Operation Account") into which there shall be paid out of .the Sewer , ,, Revenue. Fund a sufficient amount during eaeh'month to provide for the 3 reasonable current expenses of operation, maintenance and repe?ibs to , .the Sewer System. D2onies in said Operation Aocount?shsll be used ;? ? ? solely for the purpose of paying the reasonable expenses of operating. •? ? . ,,•a ` and maintaining the Sewer System, If in any month the City shall •. ?`? ,? ? ? ? ?;; 1 fail to pay the above required ,amount into Said Operation kocount, ? ' ?, then an amount equal to any deficiency in the amount paid into said ?, ;? Operation Account in such month shall be added to .the amount other- . ?? ? ?' `:??' `?????? •? wise required to be paid into the Operation Account in the next. "? `1 ," "? succeeding month. ? `' ;,, .(b) Refunding Revenue?Certificates Sinking fund: ." ;J . . ,?? There is hereby areated and established a "Refunding Revenue; t` ) Certificates Sinking Fund" (hexelnaY?er?called the "Certifioates < ?'; Sinking k'und")into which shall pe paid in approximately equal , ,.F? monthly installments during eaoh fiaoal year after making the above.:. ?,:? required payments into the operation A?acount , an amount equal .to one ? '`_ ' F .:? hundred per eentum(100?) of the amount required to pay: ;. ??.(1) The next maturing installment'of principal _oP?any:.of,._? F,. ,?. said Refunding Revenue Certifioates. ?.:: ?' ;??` , ?,? r? " ; s ;; (2) The interest payments bo fall due on .all outstanding „? ,?? ' .. ? MY. ?:, .'. ? ? Refunding Revenue Certificates up to and including the date of the '? `?,,f? `? ?` r' i ?,{ c ?, ? ,, ? ? nest maturing installment of principal of any of said certificates,' ? `?? ? ?? ,; , ,; ? , ?-? ? ? ?, r ??, r ?. and ? f ? ti, ?,}; ?,. ,,. ?i ,a>>? . ',;.:??? (31 An amount. at least equal to twenty per.centum,(20?0) of the sum of the amount required by (1) and the amount required., , `} by.(?) in order to provide a reserve in the Certificates Sinking ;' ? `'? ..? ?' ?= " Fund. The pay?ents required by (3) shall be continued until. there ,`t 4 ?? ; ` `? is in said Certificates Sinking Fund an' amount sufficient : to. meet.,; , ?:,;' a> ? the next two maturin? installments of rinci al of an of said.-. ?. f r- 6' p P Y . ?, .r , ;; ; ?, Refunding Revenue 'Certificates and the interest -payments?;;to fahh-,,due .?. '?. r ';? i V ` '?`?«,? ? during the next two fiscal years thereafter. No payment need,bs made:. ?? ;''?' y' ? ? ???? into the Certificates :Sinking l'und,if, and when, the, amount in auoh?..,; ` w?? ?? h ar?i?, r '?°?x?'""k' Certifioates Sinking ?'uad is at least equal. to: the.aggregate, pri;naipa?l !°` ??s,r°k?s 1 a,? ?i? rr ? ? ? ? ??r?a? s ? tis?` l V ra ?? '? ? ?3'3 ? vi6 ?;?>x rr?;tx amount of..Refunding,Revenue Certifioates then outstanding :plus the. ? ?`,?ti ,??, '1 4 ~?,???,+?;?, ?, amount oP .interest :then due,?ar thereafter to. beoome Que.: on sAS;d , ,?, ? ,, ? t ; ?,?` j ?# ?' ? ? ? Yu„ ? ? ,??''?,??+? <x 4 a ? ,+?? ? ??4; , oertii'ioatea,? ?? Sf , in ;any month Por any. ?reason,._?there; shah.,, dot be ,paid, t .? d??a?'?'?r? i?l ?M '7??P '1 r k ? i ? r u3 ?? w ? ` . ,, ;'?u.,' , ? fata?,?aid'?et?ti.tiostes?Sinking Fund•?he:amo,unts requiredlby th.ie ,M?,?,??? ; `,'???;? Jj??4 t r Mr?? } 1 4 ? zr ' 4? ? ? ? r ? ? e I ,. .S 5 k ?M1?; . ? ? ? ?,?? ?,?} iV pit y ,Aty ? .. - ?. ? .? ? ??..., ?::. . t,t' 4 b ,?4;? ?MM?"?+?,??r t ?t S ff?r t {F ?ia'Y. W?/?n ? ? ?t?'s(?ua 7L;/? /?p ?{/?{, /p ?? ?1?7 ? y?{?'9??r,'?,.1:¢?'P?i,?f, 7? 4.'5?.ry?i?d?i as'r1 rr? V 7; ?, ,+ t r i., ?,?? i. !i? ? ? 1? 7? lATVY ???Q?.. 549fi,?i VJ?BnV? i?,.;?h?????J???,?n`" .rh.?tlA?hF"' i,???t ? t ? ? A ?i ?r' i i .'`r<µ`?!?'; }tit ? ?' 45?2'+?i'GS??'?s?? r n s? a f?1?. ?, ? r, rt ,?+Y 1 I Y rq , q?,??. f?r. . ti{y w a' Y a .gyp ?4?' ,?t?y?s(4 ? ?7t?.i ?i M?lf? ? Y { ? r 9 ? a '?I, ... ?, i ? w „yV'`1 ?t ?? y y??y? , 5Y -0 'l?tc ? j1` 1 -t r ? r ? +?','yj?5j? Y Y d ? ?Ma ? ? Y }v , V ??.7} + ??n?{?k ..? ? Y?1 ??? ? } ` ?? ? ? ?^?? ??????Y ??(r?i' le?+¢y`?i P?, ?' t ? ??ur ?6 ?, i r i . 'l;? 1l 1d { "1 ?.. N}. , 4 F? ? ?r M 11}?.???1. .?„1 `?" ? YrIM'' ? ? ??;• i i !? .M ? i ? 1' ? , ?. Wro +r?'Q1 ? • q'.,, ?'? >, ? 1., } t i ?'°i IS IY??p +`i?i+ raj,,, i„ rF., Y Ct?.J; ,yr r y?? ..._.....tr.?..,.......???._ ... .? ,, ?` at; ` l! f .?, ? 1 ? ? ?, quired to be paid into said Certifioates Sinking; r'und in sunk month shall be added to the omount otherwise required to be paid ;? ` into said Certificates Sinking Fund during th8 next succeeding month. The moneys in said Certifioates Sinking Fund shall be used solely for the purpose of paying the principal of and the interest on I the Refunding 23evenue Certifioates dnd for no other purpose, A1]: moneys P' in said Certificates pinking fund shall be deposited in a bank, or ? banks, which are members of the Federal Reserve System and shall be ' f continuously secured either by the Federal I3epoait Insurance Corporation or by direct obligations of the United States of Amerioa, which oblige- ? j tions shall ht all times at least equal in market value the amount of ??,? t` ? moneys in said Certificates Sinking rund. There shall also be deposited in the Sewer Revenue Fund and paid into the funds created and establish- .. ed by this Section such portion of the revenues of the Gas System of the ?.. City not required for the payment o° the reasonable current expenses. of ? . operation, maintenance and repairs of said Gas System or previously ? ? '' ;. pledged by ordinance of this City Commission adopted January 6, 1936, ` to the payment of or to provide security for the outstanding Gas Revenue ?, ? Certificates described in Section l hereof authorized thereby, as will ?' be required together'with the revenues of the Sewer Syste?,.to provide funds sufficient to pay all amounts required to be deposited in the I ?:? Dperation?? Aoaount under subsecta.on (a) of this Seotion 8 and in the Certificates Sinking r?und under subsection (b) of this Seotion g? and ?' ?;Yy. ?:- eaoj? and every provision of .this Section shall thereafter apply to such ; . ;`:?. portion of the revenues of the Gas System so deposited. ? ??. ? y. ? .. ?. s Seotion 9. The City hereby covenants and agrees d?ith the hold- "' } ?-:' ?'? ers of the Refunding Revenue Certificates that while any of said cart- ''? +`,? ificates'or coupons issued'hereunder?are outstanding and unpaid: I ',,?' ?'. ,.,, ($) The City will maintain the Sewer System and Gas System ?` ? ?? , ? ?, in good condition,-and operate the same in an efficient manner and at !, ;?. _ ,., ; a reasonable cost. ` '? t; ?:°`` ?,. + ? ?`? ??` (bj The City will fix and maintain rates and collect charges ? '?"?F?,??;°, .;, ,? ? ' ir, ? 4 d . ? s.' i 1, for the facilities and services afforded by the Sewer System and the ;??_s` . , ,:, Gas System which will provide revenue sufficient at all times to pay , ?r . ' ?t,, the costs of operation, maintenance and repairs of said systems; to .. r-? ?? ? maintain°-the:?Cer:Cifi?ates"Slinking Fund as hereinbefore provided by ?? t. '}` r ': ???? Section ?8 (b) hereof, and to pay from the revenues of the Gas System ? '? ? ? '? ?:. .? '?? ? :; all?sums oonstitutin? claims on such revenues prior and.superior?to ? ,? ? .1" ?? ;, xt ? ?: the?`Refunding Revenue:??Certificates issued hereunder. ' . ? r=??; ? til It (f ? ? ? { C' t V s (J .. ai } ? i4 t . 4? R l r? ?„ ,'' ;,+x?;, ? ?? ??'?(?d) The City will notissue any additional ;obligations.- ? ??'?? ?? ? y i ?, ? ?;n"????s? ??„?,? `. payable??Prom`the revenues of the Sewer System and, will not issue any ?? ???f + r is a? ? ;. ?? ?,? w ???i ? K? r ??Y??t ?.. t ,' r t ?, a i d ??i Ixl ,??? ? ?? ,? eiaaitional ? obligations payable from the revenues of 'the Gas system {? ?; r ? ' ??? ?? `? ! ? ,? ?,?r '?, ?.. .. ???r ri t?'?????it4t°6? ii: w?, ?, unless the ?even?es oP the` Sewer System aid revenues of the?Gea System ? ? ?+,?,??,? ? U ??x?F t ?.??? f `, 4' ???` '?'? ?va???ari?.e ? ?ti xa depo`si?t i n ?. the e ? + ??,? , `? `S war 'RevenueFund provi da'd for °in Seotion ' ?,??: 5???? ?a?t,, ? ??^' t 1 t .. ? :,?a{ fir t???t?r???,????p#?'.?l??Stid { i ?i,.t ? i n 1 t f?? ? ?'F a'I ?P '! t t S ?r"* ? C ?. ? ? ?+'' r ? tG?? t},?}?? ? ,??, f ?r 1`? ??ih?a??U',;a m?a?.? ?u» ? K? ? ? ? ?.. - .. ? ? '} 97 ' ^ar .?, r ` ? e? y ? t?, ?. .u,.,, .. ?,. .... k ...., r ?,_ „? ? f_,x; ,$? ad ?' ' k a.. -.__ j • ?, ,} :? ,. •j ?. S 1 f 4 i ?.. ?. 1 '? i. ; 8 hereof for a. period of twelve (12j conseetitive months, preeeeding the issuance of such additional obligations shall equal at least one .and three-quarters times the amounts required?to•be deposited in the ., Operation Account•under Section 8 (a) and in the Certificates Sinking Fund under Seotion S (b) hereof and unless it shall be expressly provided that suah additialisl obligations shall be payable froL7 the revenues of tY?e Gas Sys tem only to the extent that such revenues are not required to provide, together with all reven?xes of the Sewer ?, System, funds in all aIIOUrit equal to one fllld three-quarters .times the amounts required to be deposited in tiie OperQtion Account under. Seotion.8 (aj and in .the Certificates Sinking Fund under. Section.• g (b) hereof, or required for the payment of all prior and .superior ";. charges thereon. (d) The City will not .sell, mortgage, leasQ or 'otherwise . ?, dispose of or encurlber, or.permit the sale, mortgage, lease,or other disposition or encumbralice of the Sewer System or the Gas System ? or any property essential to the proper operation of said systems. (e) The City will maintain insurance on the Sewer. System .' and Gas System of the kind and in an amount. which usually would be ... , maintained by private corporations owning and operating•similar under-, takings. The. proceeds of any such insurance.recej..ved by the City shall be .kept apart from other funds to be used to replace the?part or parts of the systems destroyed or, if not so used within a reasonable time- after the receipt thereof, shall be deposited?in the Certificates ?. Sinking .Fund. ?. - ? ? , ?, ., (f) The City will ?:eep proper books ?3f record and .account, •, .i a=?. separate..frora all other records and accounts, in which complete and ?? • correct entries shall be made in BCCOrc3aIlce wit2r standard principles of accounting, of all transactions relating; to the Sewer System and Gas System. The•City shall furnish to sny holder of any. of the Re- funding Revenue Certificates at-.the time outstanding, at?the written ,. ' request of such holder, not more than thirty .days after the-close of ?. each fiscal period, complete operating. and income. statements of. the. '.', ;.r?':?,:,- ? Sewer. system and Gas System in reasonable detail covering such period, .? and not more thfinsixty days after the .close of .each fiscal year complete - ? financial statements of said ??tems in reasonable detai3? covering. suah 1 ' ' •? fiscal year and certified by independent auditors.`:if so requested. . 'rr? t f ? c 3?`? ?? ,?,,.::,;,-? ;? (g)' r?ny holder of any certificate issued herehnder shall ,t , ,? ; Y ?{) i ? ., k t have. 'the right at al•1 reasonable times.. to inspect -the Sewer System; ? t;?????. x- ? 'and:.?Gas.:System?and? all .records and accounts •thereof. ?r:,??? ?'r?,°f- ?,? `;4 ? , ..:. ...`:(h). -The'. City wr111 not- render with the Sewer System or Ge?s ,' .,? x . ??,y rr :' ?y,'s:,gy?+ ''• ?:??istem::f?6.18 ?.?erv?;oe :of: any _nature?.'nor .wall any ..preferential rates W ?;??Ff?.? ?-? ?? ?y ° ?? 'Y?' ??? ? ;b? ?e?stBbl3?'shed?? fo'r_± uaexs.:af ?the?.same.? o1as.?, anti in, they event,. the. City, off' ? ? ? ? ?? i t J r<. ??`??t'?1x'ti?r`t?'q;r. Y'', ? ? 1YU? e x/71 ,? .Cler$rwat,?r .or .?,?>xlepertme?it,?.,: Sg,Qxio? ? ir?8,?rut?antalit `:oP.f?i`aer .o.r? BDlp, oyem ?' "rr ??' ?:,;., ?' '??-'i?d1r L?fi:' .,.?{?ri.??i? ' ???1+??` i?''© 1.,?. ''1 i' .'! r r. ,S; ?+? 'r. ? ? may, Nam . ?t t, p, r. ? ? n. ?? Y?`.,: ?`?.? ??''t??.: ?'et???. a??. ? .Qr? t ?.?x?vi c e s ? prov3? sie.?, s,?.YtT? d d ? ' tF-Y `??. ?'' y' ?sy,F?i • ??a'r.'?Ex, ??? t i. ;, :? ,?.._ b' fi +. ? at .`;j:1:,?;.'•': ..??'', +i+?,? t .>Y?,,?,;, .. •?M. k`Y r ,? w , ?.'. l.' 4" `bY???`t?, ? `M.? ??'?}. .. t ? 't,{ r' it ,,. .. ?. ?•; C? • :: ,,.. _,? t.. ?, ?. upon them at all 'times, to perform the duties provided in Section 12 of the Revenue Bond Refinancing Act of 1g37;'the performance of which duties is hereby declared to be of the essence of the contracf ?? between the City and the holder or 'holders of the Refundi ng Revenues Certificates and the coupons appertaining thereto and to be of the same Porce and effect as if set forth in full herein. •??None of the foregoing covenants shall be 'construed as requir- ing the City to expend any funds?ottaer than the rHVenues derived Prom the operation of the Sewer System and Cas System except as herein expressly-provided. systems the same rates applicable to other austoraers receiving like service under similar oircumstanoes shall be charged to the City and ` anyauch department, agency, instrumentality,'oPficer or employee, Such charges shall be paid as they accrue, anc? the City shall transfer from its general funds sufficient sums to pay such charges. The revenues so received shall be deemed to be revenue derived Prom the operation of the systems and shall be deposited and acoo?inted Por in the same manner as other revemres derived therefxom. (i) 1'he City' agrees that it wi 11, and its proper officers,. agents and employees gre"hereby directed, and it shall be nandatory - Section 1C. In the event that the City defaul4s in the pay» meat of"the principal of or"interest on any of the Refunding Reneriue Certificates-issued hereunder and suoh default"shall continue for a period of tliirth (30) days, ?or Sn the event that the City, its govern» ing body or its officers, agents or employees, shall fail or refuse to comply with the provisions of the Revenue Bond Refiiiancin?; Act of 1937 '? or any provision contained in this ordinance, any holder or holders of G ?~ , any of the Refunding Revenue?Certificates then outstanding shall have ?•? the?right,`in accordance with the provisionsc.oP tha foregoing Act to .. apply in an appropriate judicial proceeding to any court of competent ?uriadiction for t•he appointment of a receiver Yor the Sewer System to :perform such acts- and• in tkie letanner as provided by the foregoing Act; provided, however, that no receivex shall have any: power to sell,. assign, mortgage or otherwise d'i'spose of any assets of vahatever kind ''?' , ;? or character belonging to the City and useful to the Sewer System, the ? ? ... ' :?? •. authority of any such receiver being limited to the operation and .. ?< ?' `'; ?'' maintenance of the Sewer System. - J ?? ? r - -?? It is hereby further covenanted end agreed that in addition :r ?, k. ISr f'IL t ?? ' ??'°A??a <{ tr ?o the'?nther remedies herein conferred by this ordinance, any holder f ? rJ b,S , , o-? ? }?, ??,?,?,? {?, of said Refunding Reveriu© Certificr,tos' ortrustee -there?B??, ahall??have.' J ?S? S tJ?*ti? "??? ? ???? u>? ? .. " i r ?^?a,?? i yMo- i , ? ??p ?u,???? ???x ? F i the 'eight and pcawer for the equal bsnefi?t and protection' of •all hold- ????Rr'a?4?????'i ??,,.,1? ??u.fi , ' `?? `?' `?"` r<?',r?J '8rs of sai"d ?oertifioate's similarly??situat'ed? b a"iandamus?or other,:suit ? ?w ? Y}?' ?'5?71: .J ? y , ??, ., ? k r r ,5 ?dt?'on or??proc?ading at' law or in equity .?t?o 'enforce: his rights: ? agai.nst IS '?1?h1F 1 ?????'.??*,????i(?i?1??y'ebd?L?e tli?ty.0o?ssion^and?,auy.?o??_its?aPfi'aaxs, agents and.,. ?l, f to ? .??•? r, kk?? ?. ,?? ???'?,;???r?r<??t ?; r.',, ,.,,; .:t'Or??' ?tiser?and= ?1"?auc ;4¢ „'?lii?.by'?+???? ,? ., $. ;, , . hC pity or: such' ?Ci?ty Commission . ' . ?{, f `5, J 3??h7? {, i .. . Y i., (^.?. p .?3, i?si ?: ?,,, ,?r ? , :?;:, ; :, Sf ' L t: f: ',4? I{? r . t ? 1.: 'fM j 'G U. i r ? `br ,, i . ?' ;? '?;?. ,, r- i ?, h I ? ? 'lt}1 ?? <?.; ' _: ?` ? ) >, I •/ ''? 1 ?A ? IJ " ,,, r 11 ? t`'ti l`tt?`?(¢il ,? 1 ? t k r i,?? H J s)0d8J? r 4 ? VJ> "n ? 'fix? . . ? J?1 U?4 ??`' L ?., ?? ? r li` ?,'tt' wti ?? ??? ? J? Ylryrt???iT^^F ! i? Y .. f -r Z??e fi?l-? ??ifrn :? .??I 3?, S,r '?YSj,J ?n?L4 rJ+? ?{r ?'?tYh?+? it ' t ? yy e.. L Il h•w.,,,yrin.?5 ,?hSVm r.k;? ? ,? ? J it ?, W ? .. ??¢?? ???? y ?® or any such officera,agents or employees to perform and carry out its i ;. {?'? and their duties and obligations under the Statutes of Florida and its i IL I?( " and their covenants and agreements with the holders of said aertifiaotes; by action or suit in equity to require the City and the City Commission thereof,?to the extent required by the foregoing; Act, to account as iP I t they were the trustee of ate express trust; by actiai or suit in equity to enjoin an;? sate or things which may be unlawful or iri violation of ' ,? the rights of ?,he holders of sdid certificates and to bring suit upon a said oertificates, Section 11. No remedy conferred by this ordinance upon?any y holder ox holders of Refunding ??evenue Certificates is intended to ` ?` ? `}?' ; y"'?? force which may affect in any way the duties of the City in relation to ? .. ? ? ?? ., t ? ?. 1 ?' <,??`.x"' ? the Refunding Revenue Certificates or the lien thereof or the performance ' } iSy?,jJ r R, . y ?: t t , . ?. kk , ? i XI ?? t? i? ?'? ? '.. ?; t. (} b r ;??=`fi'r `,yea, ? oP the oovenants of this ordinance. ? ,°;i??' ' ?????:? ?• ?a r Section 14. The Refunding Revenue Certificates herein ,,,r,.a+? r? 4, {i.:.0. .? ' r ? ? ? .1? Y11t? ?r ?T?;. 1 7? ;-?? authorized are hereby awarded to Leedy, Y?heeler & Company and the City ? ? ! fi?'?54y???1 ' ,?? p ? ??,}la?vlj! .ice rr ??' ? ? ? ??tr!??1??:?' h?j?+ ,? pp yy,, ..? , , , t ???`fi 4 ° 1 Treasurer alter said aerti,Pioates have been validated b the Cfrauit ???i, ???r kt"+:; ?i,?+t ?" ? f 7?? t1r?J a 'i. Fy'1 1r, 1a ? . ? ? J ? r?/u:pllt t 7r;,? Y 4 `64?#l1>i?t i?t. iY4 }y?: 4 1 t ? 4 ? v?li ,?? 'r.. ". N4 ? f 5'? 1? 1 t P a. ,1°H?t""??b ?". „? ????? 1?t ? ?? , ? Couott, ip hereby authorized arid. di,reoted?? to deliver said ? oertifioatee? to ? ?, ' ??;`?-?:?? {?}? ? ?? ?' , ? e be exclusive of any other,reniedy, but sash auoh remedy`is oumulgtive ,?' ,, `? f and in:addition to every other remedy and may be exercised without exhausting and without regard to any other remedy oonferred by, this ;? ?,` !? .ordinance or the Revenue Bond Refinancing Act of 1937, or by any other a :3 law. No waiver of any default or?breach of duty or contract by ,any '? holder of said oertificates,shall extend to an.rshall affect any sub-? ? ` '? .sequent default or breach of duty or contract or shall impair any rights or ,` ?{ remedies thereon. No delay or omission of any holder of said certificates ;? ? ?. '? to exercise any ri?,ht or ptrwer accruing upon any default shall impair any ?. '? such right otr power or shalh be construed to be a waiver of, any such;:. default or acquiescence therein, Every substantive .right and every .. . s?:. ?; ,. .remedy. conferred upon the holders of skid certificates may be enforced ;: ? and exercised frot.? time to tine and as often as may. be deemed. .expedient. ?? ' ' . 4 . ., ? 3? In case any suit, action or proceeding to enforce .any ri?ght:or eaercise , ; ; . ;. )! . and remedy shall be. brought or taken and then discontinued or `abandoned £ , ; ?? ?° ? ? ?; , G', or shall be determined adversely to the holder ox holders oP said oertifi- , ' ,_ cater, then and in every such case the City and such holder or holders shall ? iY `???? ?'` ?? ?;: '' be restored to their former positions and rights and remedies as?if no 1 ?? ? such suit, action or proeeadinbs had been brought or taken. ? ?, ?` r ,; "• Seotion.I2. No taxes shall ever be levied and no moneys '? . ? ? ?. A shall ever be taken or diverted from any funds of the City for the +' + A ? e ' , . ?s 1, ? ?, I :? gayment of the principal of or interest on the Refunding Revenuer '`?{ e, ? ?' Certificates issued hereunder, except as hereinbefore expressly provided. + 5 ?'???{ ;?. ,` ? ??>? . mho Cit ? Seotion 13, y hereby covenants that it will refrain ??', ? } ;?:??, ? ? ? t?, , ?, , ,'r {;> ? Prom claiming or taking the benefit or advantage in any manner whateper ;, ?` `? k k ?4? ? ?? 1? ; ???`? '? > ? of any stay or extension law whenever enacted or at any time hereafter in ''' ? ;"? ? - . 4 R. ? 7 j v`»^1 ti?,j?'?4:?'???'?? Jij6Rk 1Cf ?j. Sz?,S41 .1. ?' 1 t ?? v..'. ?? .r?.,: ? tX.ki?{?'}a ii. ?.'yDt fit. 7 . .. ?? ? ?, S?f:.i+? ?? r?:, ?? tai t21 ??y?vPdf ??!{?'?<.tSY {?t,?4'? }y?r i?1 ? S ???i Lr? 4tl ? ?'?a? r?llgrs? ?r i,,, ?. X - t.. Mfi f t?'?4r P,..r`un:?s",f»°bnt u.kZ/. ?Sl. :'? o ??, -eA. '?? ??. ..aaw,._r? .? ?`,'.? _ , ?..;?. i ,?????' .. ?. Rf'? ? 1 ? , ,` . ,? r- • Leedy, V?heeler & Company in exchange, par for par, for the outstanding Sewer Revenue Certificates of the City described in Section 1, hereof. Upon the exchange of the outstanding Sewer Revenue Certificates, they shall, as required by Seotion 8 oP the Revenue Bond Refinancing; Act of 1937 be stamped with an appropriate legend in sub- atanoe to the effect that such certificates have been refunded pursuant to the foregoing Aot, and thereafter suoh outstanding Sewer Revenue Certificates so stamped shall not be cancelled ar destroyed, but shall be kept intact until all of the Refunding Revenue Certifioates and interest theron shall have been fully paid. Upbn the consummation of the aforesaid exchange, any and ell moneys remAiaing in the Sewer Revenue Fund, Sewer Operation and Maintenance Aocount and Sewer Sinking I?'und treated and maintained pursuant to the provisions of the ordinance authorizing; the issuance of `` the outstanding Sewer Revenue Certificates discribed in Section 1, hereof, it shall 'be transferred to .and be deposited in the re?epective funds or .. accounts of similar character created hereunder, and the proper officers of 'the City are hereby authorized and directed to effect such tranai'er. Section 15. The pity Attorney is hereby au?h orized and directed ?'L., ??. . , t ? to take appropriate proceedings in the Citcuit t,ourt of the Sixth Judicial Circuit of Florida, in and for Pinellas County for the validation of '. ;. said Refunding Kevenue Certificates and the proper officers of the City ?, :?.`'' are hereby authorized?arid directed to sign any pleadings deemed necessary . , ,, . ??._. in such proceedings. ?fl??y?. Section 16. X11 ordinances and xedolutions ar parts thereof : " in conflict with the provisions of this ordinance are to the extent of :? ? . Attest: .4 ? .' Frank Coole _ ' h ` y mud for & C erk ? ? ??r . 1 ? `? ?? ?` " ' .. .. ',.. 1 ?`. 11 f .. ?Y. ` ? 1 irk ?'? I ? _;$'.. .. ? i . i. 'y?,,ty ?t ? a < ? s ?i"1 X ? 3?1 .? y' ' f?Mrf ?r r?, ?? YYT x+ji?t? s ?44}U M 7? t ? ? ? ? ? t? ?Yy ? ?J r ? ? ?e ti? ? .y l h,r, S.'I 5 ?? r ?? t t e t '? + ? r w ? r t1 ,u'd>. ?r: '???J ?l?'??.r4 i?t?'??? ?r•y???+i ??, 7 ? a•. r P r .?.t' .? '. ii )w"?r S ? .. A. "?, r r r 57? ti, ?'?. _ ???r?jr ? r S )u ., ?r ???t j _, s _ . . lid tn'+uvn'd ,?f».'...,.?.npnr? y?1?i ?,'?..^ r ? , r .f?? '??? ,. :tYi? a '??, ? ? ,? f r pt y' ?? i " ` .1 =4??t??y. . ? 4? 7 ? ? N` ?', i + r .., .,. r. .1 i' 'I ...,,, i i i? .3¢ ? r y??i ? ?L ? ?. ' =?1? ?': 3 ±t ?? ` ? ?? COUNTY OF PINELLASh? STATE OF FLORIDA I, the undersigned Clerk of the City of Clearwater, Pinellas County, r'lorida, do 1?ereby certify that the foregoing constitutea a true and correct Dopy of excorpts front the tuinutes of the Suecigl meeting; of the Board of Commissioners of the City of Clearwater, held on the ? day of January, k. D. 1942, including the ordinance passed at said meeting. I.:hereby certify that due and proper notice of said Special ? meeting was given to all members of said Board,..inoludin?:..: r those absent from said meeting. IN IJITNI•;SS IUIfI';REUF i have hereunto set my hand and offioiel seal of said 0ity, this 10 day of January, A. ll. 1912. ?. '?? ?i ? ,. ?- :{i -. Frank Cools ` . Cler ,City of earwater, inllas County, Florida (??) ?. ?:??? T?9r. Richards now read to the }3oard an Ordinance to be ktlown as Ordinance No. 4$5 and relating to the theft of automobile tixes. Moved by Mr. Stoutamire, seconded by D. C. Smith and carried that Ordinance No. 485 be passed on its first reading. idoved by D. C. , Smith, seconded by I?Ir. Lowe and carried that the Urdinance be pasded on its second reading. Moved by &Ir. hawe,rseconded by Mr. Jesse G. Smith and oarried that ordinance Iuo., w$5 be passed on its third and final reading. p , . :. i. ORDINANCE NU. 4$? ,, AN URDITdAIJCE ItIA1:ING IT UNLAVIFUL TO STEAL AN AUTOliOBILE TIRE OR RUBBER TIRE, OR TO INJURE AIdY RUBBER TIRE BELONGING TO ANOTHER AND PROVIDING A PENALTY FOR THE VIOLATIOPI THEREOF. ?: BE IT ORDAINED BY THE CITY COT?4;ISSION OF THE CITY OF CLEARY+ITTER, FLORIDA. ??? ? Section 1. It shall be unlawful for any person to steal any automobile tire, or any rubber ti re of any kind whether designed ?;„ for use on automobiles or, other vehicles. `,?, - Section 2. It shall be unlawful for any person to inure a .? ,?.4;???t? ?'?' ? intent'ionally?any,automobile tare or other rubber tiro belonging to r ,? ". x ?,rs i, ?1 t `? s#,? ??? another . ;; , ?.. . . rt{ ?, ? ?f? ? , _ "?. ,tri ?`,;'? ???? ?, r Section 3. Any person violating this ordinance shall., upbn Y?+f?w c i Jr ?.I? ^? '* F`'qr; ?i, ;:f} , eonviotion hh?reof in the hiunicipal Court of the City of Clearwater,"?? r' ?y ? ? 3, r ` { ?'ds ?'? ? ,:r ? be punsshed by a f ins not exceeding Five Hundred Dollars 0500.00 ) ?j??4?yd ?1 , ? ? M ?a ? . .. Tip 6 ? 2, I ? ? 1 °? I vG V J 1? ? ?,'?'?xr?? ;; ? Y ,? ? h '?r? t ? or by imprisonment in the City Jail not exc?'eding six (6) months, or Y,? ?,iyrt t ?f r ,? ? ?? ?i. 1 } .k.n k YG??4.,,Y C .ill ?! YID \ ? ., . }?ya? t&h(?;,t;r,; n, ;?? ? t? r ? by both 8?lah -Pine end imprisonment in the ?isoretion oP the City Judge 5. t ?4'Wa, Ik s,J 1 ? .. '? :. , P ?? ? ? i } '?/? {fir ?, t t i ., ' .. b ? , ?.' ,? .. w: . ?'` ? ? `? ??,?? ?",r?' , ? ?,9eoti??? '1?: ? ?,?'ordibR?,p??shall?? take eYfeot i?nediate?,g ?1?po? ? -e ?anf?t?'??.?? I'?;?t. ?. Y tr ...r:v r i.: ei-? ,_ i `?` ,, - -- `? ? (.?? ! ,4 ,;?;??,: ;?,? . `i ;ns ?;.: 1 ,, ? r ,, r. 7 .; '' i l Y 1r.. ,? , y ?' ? ` ? ? y f 4 r y ?! ? ? r 'F ti I . 7 'Y • t t?f ?? .? ill ar 'fit ( f , ? M? r ,a by ?r ???' ? l 5 7 N ? .7 r V ,? { . tF{ ?`l \Sf?. f a ?. u ! ti' f ?gi'f??l??!,??,'?? :r • •; ?? ? ? ??`??'? "ifs;` "?q F W .,,u ? .?.;M. , , A r , , '? \`" ?? ?°:` I ??UGL?I .?I.?. .,, ..ie> S ,r:. ,.. . ?1T-YYXY?r116JYlil.it£?NtY?" yhl? ? .ly+? 1??/'/ (! ?? '?? Y /? I. \ ? ?' .` This Commissioner's meeting was; called in pursuance of a Special ??' ,? Notice, a copy of whioh is aet aut below: ? ?j:? ?? ?: ,, ?, ' ?. ,... January ?, 1942 ?, "?i?ere will be a special meeting of the City Commission tomorrow 1'`: ?:- ; ,; afternoon at 5:30 o'clock at the City Ball for the purpose of passing on `„?,r'_? ,;? ,. an ordinance for refunding our Sewer Revenue Certificates. It is very necessary that all the menbers of the commission be r`f ' ? i? .? resent in order to ass the ordianne on e11 three readings at one meet- }`? ?'?' p p i ' „ ?: ing, and if for any reason you can not attend please 1®t me know" ? ;,:? ; (signed) F. L. Hendrix, City Manager. f?; ?. ,? , This notice was delivered to the following: ? ?';_ t ?`; ?;, ., ?{? ; r ? T17?E , =?, , ?...? Pdayor George R. Seavy 4:16 -??? f x ' .? Mr. Jesse G, Smith ? 4;38 tt'" ?:?,^ ,. .. ? : r' e ?, .$ ? Mr. S. K. Lowe ;? ? ?, 4.5 M1 P ' ;_ n, ; Mr. D. C. Smith ? `' " 4.50 _ ,?. ! }, S ?4. tdr. Dl. L. Stoutamiro ? 4:30 I' ,'jsNu, " ,? i:?? ?, _. . •' ? ,; ?;, ? ., ,r?r4?Ya f" , ! :` Respectfully submitted, ='3 `! , r ?., ti a _ sir ?a ?F:? J ¢?? i r? .? r. r?, r .,. There being no. Further business to come before the Board the t ,, `? meeting was.ad?ourned. ? -'•`r ? ?. ?' ? M1 . ,?. ,?- ` r ??. ? ..s..; ?rM ? f,?'t , , r f. ? ? ti . ???}kt??? Y ? ??? rx ? 1 f ?s ai r ??th`??3?1?w??,?f Ivor- o as oner i i t ?' '?' ky{1 rs?' ??ppyr ? tr . .. Z f ?"f? ? ..°°?.tt . ?,, 9 1 t wL? ? ^t? r i 1 ' ro ? t ? b ??-? 1+, ;p ? i N n !r ?,? ? x ??? ? ,. , f i .: ??. I '?I b+: " f C .. . ?- .. .' ? . , . r? ?- fti `. "???j ?i >abfr ??? y??;? y?? R`ri'rfw. +,ra? t ? ' ? . ? ii?? ? "f ' r ? a ? i fv?k????! ? i rtitt f??? ? t ! ata ? x ? ,.r ? , ??,. ? ,` " t' t t ? ? i ??. f , ? or t? ? T ??1? zz ? r r ?; ???? f.C? ?} ??t ?? r w ?+? 1 ?,. ?''.l .! r.1 ?r....f ? !,• ??. ? ? i??l rt ? ! ?1 1?':,'Nl?t%.7,??,ff ? f N / Lit ? ?? ?} i ? S ? ?. '!1Y n ? qf?, At,+„?a ? C f?E•???, h?ta.? f >?. .. ? ? ?'P14Ci4yb r??p,: Rr ?rt ./4Z: '?'? ?? ?F?;'?'?r. ??. I,? u? f .p' ? ..y?'? 4?1 .. ? f. ??, ? i/`??N {I tYch ?r4 "lly ?l+ri?^P ?' ?x ?.1',? 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