05/29/1946
,1Jr em i urn
108 plus accrued interest
May 29" 1946
Honorable Mayor & Members of the City Commission
City of Clearwater, Florida
for $ 4.280,,000.00 legally issued
bonds or the City or Clearwater. Florida
delivered to us in NevJ York or Chicapp on July 1 " 1946
dated July 1. 19 ~ denomination ~ 1,,000.00
P~yable Semi- Annually
both principal and interest payable at The hmerican Net!Qnal Bank
end Trust Company o~ Chica~____ in Chicag~ beeri~ interest, and
maturing as shown in the attached Notice of Sale
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C~'lY COMN'~gQ~NUTES MJ..LJ..2.J~
The City Commission of ,the City or Clearwater, Florida,
met in ~pecial session at the regular meeting place of the
Commission in the City Hell, in the City of Clearwetor ~t 5:00
0' clock 1> .M. on ~eY 29, 1946, with May or-C ofiuuiss lone r t
Goo. H.. Sea-vy present and presiding, emd upon call of.
the roll, the following Commissioners were round t~ be present:
Geo. it. 'seavy
Jesse G. Smith
Herbert Grice
w. C . Wells
There were also present F. L. Hendrix . City
Menager, Frank Cooley , City Auditor bnd Clerk, and
Italph Riohards City Attorney.
The Meyor-Commissioner stElted that the meeting was called
pursuant to notice for the purpose, among other things, of opening
sealed bids received for the purchase of $4,280,000 nerunding
Bonds, Series 1946, of the City of Clearwater.
The City J.udi tor end Cle rk presented an effidavi t
evidencing propel' publioE.tion of the notice 01' the sale of said
bonds, said bffidElvit indiceting thbt the n.:::>tice of sele had
been published in the ClearvH::lter Sun , a newspaper
published end having general cir culBtion in the City of Clefu''Wbter,
on May 20 , 1946, ~nd May 27 , 1946,
the first of said publicbtions having been made not less
than seven days prior to the date fixed :for said sale, to wit,
li~ay ?9, 1946 at 5:00 o'clock: P.M. The affidavit was approved and was
ordered filed with the minutes of said meeting.
The City ~udltor end Clerk then presented the sealed bids
for the purchese 01' said bom s mich had bee n received, which bids
were opened and found to be 8S follows:
N8Ill e ot: Bidd er
John Nuveen & Co.
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Sari es 1946 l(ef'unding
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WE VJILL IJJ1.Y
108 and eoor~!aterest
You agree to furnish us promptly and prior to delivery of said
bonds with a. full oertified transcript of ell prooeedings requisite
to the issuunoe f.lnd delivery 0f said boms, evidencing their legality
and the taxation ,:,Jrovisions re18ti~ thereto, to the satisfaction, of
some reputable Eind disinterested o;:,n.1 ott-:>rney approved by us.
It is mutu~lly understood and agreed that your acceptance of this
contraot by .L'e sol uti on shall co ns ti tu te a co ntract f.:>r the i)urchese
and sale or the bonds herein described.
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rlespeotfully Submitted,
JOHH NUVi~;.~N .~ co.
By Ben!:!. Fur:u a
nfter due. deltberation it was determined thtlt the bid -:>f
~obn Nuveen & 00.
Chica80t Illinois
_of
~as the highest and best bid submitted for the purchtlse of said
bonds, whereupon the follo'Wl~ res.:>lution \'ms introduced in
written form by ~~e G. Smit~__, was reed in full, and after
discussion, pursuant to motion made by
Jesse G. Smith
end seco nd ed by ---.!!~rt Grice
vo t e :
was adopted by the following
t~ye :
Geo. R. Sea~____
Jess e G. Smith
_Herbert Grice
w. c. \'lel1s
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Nt.1Y:
None
i~ HESOLUTION confirming the
sa~0,OOO ';'{efunding
~onds, Series 1946, of the
a1 ty of Clearwater.
*** *** ***
WHER~S, lJursuent to resoluti on duly adopted on the
14th day of }.~ay, 1946, end to noti oe of sole duly publish ed in
the -2l~~er ~~__-J in full compliance with law, the
City of Clearwater has received sealed bids f::Jr the ;Jurchese of
$4.280,000 ~{efUllding Bonds, Series 1946, dated July I, 1946:
and
WHER~S, the bid of
Joh~~n & Co.
of
Chicago,~llinois
, has been determi ned to be the
highest end best bid for the purohase of said bonds, said bid
being a s follows:
. May 29 .1946
~ -
Honorable ~~eyor &. Members 01.' the CityColIlIliss ion
hCity.'of ClesrvJater, Florida
........ .'.for'. ~;$4'~ 280,000 .00 .legall y issued Sari.es 1946 aefun~n~._.
bonds of the C~y.'of 'Olearwater, Florid B
delivered to us in Ne,.y: York or ChioBRO .2!! Jul:i 1, 1946
"dated . .Jul~ 1~ 19 l& Denomination $ ItOOO.OO
Payable Semi-Annually
interest P6'I able at the AMERIC.AN N.t~TIONhL BJlNK
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in Chioa~o. beari~ interest, and
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and TRUST COM~ANY OF CHIOhGO
maturing as shown in the a ttaohed Noti oe...Q,f Sol~
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WE WILL p~S 108 and BCO ru ed interest_
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You agree to furnish us promptly Bnd prior to delivery of said
bonds with b full certified tr~nscrlpt of 011 proceedings requisite
to the lssuE1nce and delivery :Jf said bonds, evijenctng their' legality
and the t~:x~tion provisions relating thereto, to the satisfaction of
sorne reputable bnd disinterested bond attorney approved by us.
It is mutually und erstood Bnd E:q~reed th!.lt your ucc eptance of this
co ntrl:lct by reso luti on sh~ll c,) 11Stt tute s co ntract f.:>r the purchase
and sale of the bonds heretn described.
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~(es pectfully subm itted,
JOHN NUV ~3N & CO.
by --lam:! H. Fugua
and
VlHEH&S, in the opini:m of the Clty Commission of the
City of Clearwater, it is to the best .interest of SElid city
that such bid' be uccepted and sble of such bonds to said
John Nuveen & Co.
of
Chicbgo, Illinois
be ratified and confirmed:
NOll I
THEHJFORE Be It rlesolved by the City Commission
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of the ~lty of Olearwater, ?inellas County, Florid~, as follows:
Section 1,.
That the bid of
Jo!ill.Jiuveen & Co.
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,;. X:?;:d)~.
:~l,., ..",', :....' '::'
:'!fnili':;,~t
.:.>h'''!6!,Y/;;:.;I.
of Ohicag~ Ill!E.2.1~__, for the pw'chase of
$4,280,000 Hafunding Bonds, Series 1946, of the City of Clearwater.
set out in full in the preemble hereto, be end th e same is he re by
ace epted.
Section ~.
That sai d boni s shall be delivered to said
purchaser as soon es muy be after the adoption of this resolution,
pursuant to'.=> due payment therefor in accordance with the terms of
sale.
Section 1.
That this resolution shell be in full force
and effect immediately after its adoption.
.bdopted bnd approved
M BY 2~
, 1946
L. C?~2
Meyor-C ommissi oner
The above resolution & d the contract therein authorized
approved as to form and correctness this 29th day of May, 1946
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Hal rh Hic hards
C ty Attorney
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~:~~\{f~i[f~~llii.jj~~K:: ..' .....~... .': Pursuant to motion duly
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~~.\l:.~;/y?~.::,~I:\..!.':'-..':'~' .City: u tor and Clerk
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and carried, the meeting was adjourned.
~'er ~
Mayor-Oommissioner .
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May ?8, 1946
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Mr.
City
City
F. L. Hendrix
Mf::Inager
o"f Clearwater,
Florida
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tp'} ~ ~:;. r'r .~ L'L~'.i'r.'~",:..'("":--i~';J",:~'l
Deer Mr. Hendrix:
This is to certify
~notices of special
to the follow! ng >>
notioe is set out
thtlt I have,d el i ver ed
City Coauniss!on Meeting
and the body of vb ioh
here below:
.:,',
There will be a
City Commission
5:00P.M. at the City Hall,
purpose of hOlding a
refunding bon:ls.
sp eei al mea ting
tomorrow,
or the
~ay 29 th, at
for the
p u bl! c s 81 e of 0 ur
Time or Deliv e~
Mayor Gaorge R. ~eavy
Coram. J' esse G. Smi th
Corum. Herbert Grice:
Conua.. ~'imothy J"ohnson:
C omm . VI . C. Wells:
1; 50.P .1:.
2;05~.M.
2:35P.M.
2'15-i T':
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Very t lU ly yours,
Signed: Glenn i~roc'br
Patrolmen,
Crtiser /i L
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CIT"1r COIJ�NiISSIDN MINUTES �Y 29 , 1946 ` '
The City Commission of the C3:ty o�' Clearwater, Florida,
met in special session at the regular meeting place of the
Commission in the City Hall, in the City af Clearwater at 5;00
o'clock I'.Ivi. on Mey 29, 194b, with Mayor-Commissioner,
Geo .�i. Seav�r present and pr�siding, and" upqn esll of.
the roll, the Pollo�ving Cammissi�ners were fo und t� be gres�.�t.
Geo. R. Sea
Jesse G. Smith
Tierbert Grice
;"�. C. 4Vells
There vaere alsb present �'. Z. Hendrix Oity -
Nanagex, Frank Cooley , Cif^� Audi tar and Glerk, and
Ralph i�icherds , City At�;�rney.
The I�:ayor-Commissioner stated that the meeting was called
pursuant t� n�tice for tha purpose, am�ng �ther things, oP apening
sealed bids receivad f�r �he purchese �f �1�,280,000 �efunding
Bonds, Series 191�6, oP the City of Clesrwater.
The City �udit�r ond Clerk presented an a�'�idavit
zvidencing proper publication af the nbtice oi' the sele of said
bonds, said ePfidavit indica�ing th�t the notice of ssle had
baen published in the Gle�rwater Sun , a newspsper
published snd having genzral cir�uZatian in the City :�f Clearwater,
�n MaY 20 , 19�6, �nd _ Itiay 27 , 194�,
the i`irst of ssid publications having been made not lass
�than seven drys prior to the date fixed ��r seid sale, t� wit,
iYtas 29, 19(F6 st 5:00 o►clock 1'.�?. The affidavit wss spproQed and wss
ordered filed with the minutes of said meeting.
The City tiuditor snd Clerk thett presented the sesled bids
for the puz•chsse �f said bond s �vhich hed bee a received, which 'uids
werE opened an3 found to be �s followsa
Nsme of Bidd er Yremium
Jahn Nuveen Fc Co. lOg plus accrued interest
_ raai� zo , 1946
Honorahle NIayar & iViembers a� the Gity Commission
City of C7�earwater, F1�rida
�'�r �_ 4.2ft0,000.00 lega:Lly issued Series 1946 .�efundin�
bond:s of the City �f Clearwater Florida
' delivered t� us in New Y�rk �r Chica� on Julv 1 1946
, da�;:�d Jul.y l, 19 1�6 danomination � 1,000.00
Payable Semi- Annually
�: both principal and interest psy�ble st The �msrican National Bank
and Trust Compan of Chica� in Chica�� bearis� interest, and
maturing as sho,�n in the attaclied iJotica of Sale
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Vd� 4"1II�L PhY 108 and accrued interest
You agrc�e to furnish us promptly and prior to d�l3very of' said
b�nds with a•fu11 certified tre�script �f all pr�oeedin�s requisite
ta the issuance and delivery �� �eid bonds, e�idencin� theix legality
and the taxation arovisi�ns relati� �hereto, to the sstisfaation of
s�me reputable snd disinterested bond att�rney appr�ved by us_.
It is mutual'ly underst��d and a�reed that y�ur eccaptan,ce �f this
contract by res�luti�n sha11 co.nstitute a c�ntrrct f�r the �aurclzese
and sala �f the bqnds herein dascribed.
�espec�tfully Submitted,
J�ffi1 NW,.+�N w C�.
_ By Ben H. Fu�ua
nftar due delibas•ation it was detarminsd that the bid �f
John Nuveen & Co, of Chica�o, Illinois ,
. _
�vas the higaest and best bid submitted for the puYchase �£ sa3d
�on3s, whereun�n the f�ll�wirg res�luti�n �vas introduced in
tvritten f�rm by desse G. Smi�h , was rea�3 i� full, and after
discussi�n, pursuant to motion nade by Jesse G. Smith
and sacanded by Aerbert Grice , was ad�pted by the f�ll�wing
v�ta:
rsye : Geo . H. Seavy
Jesse G. Smith
Herbert Grice
4Y. C , t'lells
At�y : N�ne
�; ItESOLUTION confirming �the.
ssle.�P ;�4,28�,000` �3eflin�in�
Bands, :ieries 191�0, �f i�e
Ci�y �f Clearwater.
*�* *�* ***
V1HLt��S, Pursusnt to rEsolution duly adopted oil the
14�h day of I�:ay, 1940, and to n�tice o� sale duly published, in
��e Clearwater Sun_� in full c�mpliance with law, the
City of Clearwater has rsceived sealed bids f�r the purchase �f
�1�,280,000 �tefundin� Box�s, Series 191+6, dated J'uly 1, 19�6:
an d
V1HER�S, the bid af John Nuveen Sc Co.
of _- Chicago ,�Illin�is , has been determined 't� be t�ie
highest and best bid far �he purchase'af sa'i�i b�nds, seid bid
being as P�11awS.. .. , .
bir�Y 2� '194d
Hqn�rable Mayor Fc Ivlembers of the City Commission
City �f Elaarwatsr, -Fl�rida
for �k928a,000.00 legally issued Series 1946 ,.3ef�indin,�"
bonds oY the City oP C1eer�Nat�r, �'lorid a ''
delivered t� us in New York �r Chica�o on J'uly 1, 1q4.6 _
dsted Jul,y 1, 19 46 Denotainati�n :� 1zQ00.00
Pc�yr�ble �emi-knnua];'Ly
both psincipal snii 3,nterest pey abie a�t the 1�2�'.EitICr,N ].Vt�TION�T, Hr�NK
_ .$ o -r�
3,
and THUST CO1�ZY�'Ni'' 0�'_ CHICbGm in Chica�n , bearin� interest, end
matuz�in� es shown in the bttached N�tice �f Sale
;�lE VJILL P�xi 108 and secrued interest
Y�u a�ree to furnish us pr�mptly and prior to delivery oP said
bands v,�ith e f1t11 certified trenscript of a11 �r�ceedin�s req�iisite
to the issuence and delivery �P said bonds , evi 3eancin� their :le�ality
and the taxati�n provisi�ns relsting thereta , to the satisPactio�i oP
s�tae reputabls and disinterested b�nd att�rneq appr��ed by us.
It is mutually unr�erstoad bn3 agread th�t y�ur acce�tance �f this
contract t�;� resolutian shall c:;atst� tute a aontract for the purchase .
and sal� af the b�nds herzin described.
:tespect�ully submitted,
JQH�l NUV��T R: CO.
� � b�,� Ben H. Fu�ua
and
;^7�i��i�S, in the apini�n of the Gity Cornmissi�n oF the
City qf Clearwat�r, it is t� the best.interest �f said city
�` t such bicT be acce�ted and sE+le. �f' suc� b�nds to said
J�hn Nuveen &: Co. of Chica�o I11a.nois
�
be ratifiad and c�nfirmed:
NO'JT, 'I'HER�'ORy, �e It �tesolved by the Gity C�mmissi�n
�f th6 C'ity af Clearwater, �inellss County, Fl�rida, as follavas:
Section 1. �hat the bid �f J'ohn Nuv�n & C�.
of Chica�1 Illin�i� _, f�r the gurchsse ��
�4,28�,000 r3afunding B�nds, Series 19�.6, �f the City oi Clearwater,
set out in fu11 in the presmbl� heret�, be and the same is hereby
acc epted.
5ecti�n 2. Th�t sai� boixis shall be delivered to s'sid
purchaser as s��n as may be after the adopti�n �f this res�luti�n,
pursuant t� duc payment theref�r in accord�r�ce with the terms oP
sale.
Sect�on 3. Th�t this resolution shall be in full f�rca
and efi'ect immediately atter its �doption.
�dopted and �oproved __.N:ay 2g , 1946
/�C..G4 .� , �u-�
P�Ze yor � C�mmi ssi one r
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City hu tor snd C1erk
The aUove r�s�lu�i�n �� tbe contract therein auth�rized
eoproved es �t� f�rm and correctness this 29th dsy of nisy, 1946
italph .tichards
GitS* t�ttorney
Pursu�nt ta snotion duly mede endcarried, the meeting wss adjourned.
_ ��
I�ay�r-Cammissi�ner `
rYt�ost; /L({ilti�
Gity ��uditor and Clerk
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_ _ _May 2.� , 194b
I�r. I'. L, Hendrix
City Prianager
City of G'learwater, Flaride
Dear 14�r. Hendrixc
This is t� certiiS� that I hauerdelivered
n�tices of sgecial City C�mmissi�n I�eetin�
to the f�llowing, snd the b�dy of whic�
n,�tice is set �ut here bal�w; ,
T�ere rvill be s s�eciel r�eeting �f the
City Commission �omorrorv, L�ay 29th, at
S:OO� .iVi. at the City Hal.l, i�r the
purp�se of h�lding a public sale �f �ur
xefunding bonds.
, Time of Daliver�
' h�ayor Gzarge Ft. Seavy; 1; 50P.T..
Comni. Jesse G. Smita ; 2��5�.�'�.
Camm. Herbart Grice: 2:35P.L'i.
C�mm. Ti.mothy Johnson; 2:15�.��. •
Comm. ;ti . �'. �"1e11s s 1.: 55P,I�I.
_ Vexy traly yours, ,
Pa tro lman ,
Signed: Glenn Pr�ctar Cruser q� 9
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