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247
i s ' - 1 • 4 i t i J i J f s t 0ItDINA14 CE N0. 247. i i All 011DINANCE TO BE ENTITLE}: An Ordinance for the issuance and sale of Bonds of the City of Clearwater, Florida, to provide for the payment of said Bonds and to prescribe the purposes for which the money derived from the ealb of said Bonds shall be expended. • i BE IT ORDAINIM BY THE CITY 0018,116SION OF THE CITY OF i 1 CLEAR VATLR, FLOR IDA: t SECTION 1. That the City Conunission of the City of Clearvrater, Florida, be and it is hereby authorized to borrow ? the sum of Eight Hundred Thirty Thousand Dollars (0830,000.00) or such parts or portions thereof as may be approved by the Electors of said City, voting in the election as herein, provided, said sum to be used and expended for the following purposes, or such of them as shall be proved by the said ` electors of said City. i 1. For the purpose of a site and the erection thereon of a Sewage Disposal plant, together with a collecting system, the sum of Two Hundred Thousand Dollars, ($200,000,00) . 2. For the purpose and installation of an Incinerator.. Twenty Two Thousand Dollars, (622,000.00) 3. For a Municipal Building which will include a Fire Station Sixty Thousand Dollars ($60,000.00) 4. For improvement of the Island Park, Fifty Thousand Dollars ($50,000.00) 5. For the extension of Dater Mains, Tyro Hundred Thirty :. Five Thousand Dollars, ($235,000.00) 6. For the extension of Gas Mains, Seventy Five Thousand Dollars, ($75,000.00) 7. For the construction of Bridge on Douglas Avenue, Six Thousand Dollars, ($62600.00) 41R +, '' , ` S. For the construction of Bridge on Overbrook Way, Six Thousand. Dollars, 0630004P00) • ,t?S> ' '=mix y•`' is ` r ,`?'_? .:; :.`.; 7 ;,rk.c• ?t.ti,5,;,;. v' ?'?,?: ? c?. ? f ?"' wit%f•? • ? ' • ?? tai ? ' ' +"k::f? 4 ' '"s,?t?,? °??.{ ? ' .. ? ` •,R,?-.l. 1.,s..L°' `r "'iv, ?.'???['#.w.'.TVr `rrr}fix ?,wnt..i'?t:,v. ,„ 1 A ¦4 l4 ei 4 9. For the construction of bridge.on Spring Road, Six Thous land Dollars ($60000.00) 10. For the construction of Bridge on highland Avenue Four Thousand Dollars, (040000.00) 1I. For the construction of bridge on Palmetto.Street, } Eight Thousand Dollars ($8,000.00) 12. For the construction of bridge on Betty Lane, Six Thousand Dollars, ($6,000.00) l3. For Improvements to Bay Front and Causeway Approach, Seventy Seven Thousand Dollars, ($77,000.00) 4 4 , .x'?`???E . t+5?'?1`t:?'•iE:i?,er.? yybi; :^ iY` ..2 ,;. t.a F. )?,?.,+??4 Fy L_'i. M1a a?.?Sf • ..?F?,r 14. For a Fire Alarm System, Twenty Two Thousand Dollars, ($22,000.00) 15. For the purchase of Lot at City Hall, Forty Three Thousand Dollars, (43,000.00) 16. For the Improvement of Bayview Park, Ten Thousand Dollars (010,000.00) That said sum, or such portion thereof as may be approved by the affirmative vote of a majority of the qualified electors of said City who own real estate in said City, voting in an election to be held as herein provided, shall be borrovred for the term of thirty years from the first day of May, 19263 and the City Commission is hereby authorized to pay Interest on said money so borrowed,, as aforesaid, at the rate of six per cent per annum, payable semi.-annually on the first day of May and the first day of November of each and every year thereafter for the full period of thirty years from the first day of May, 1926. SECTION 2. To secure the payment of said sun or sums to be borrowed as aforesaid, the City Coiminission shall issue and sell.negotiable coupon bonds of the City of Clearwater, in denominations of One Thousand Dollars each* Each of said Bonds shall, be payable in {fold Coin of the United States of America of current weight and finenesa, or its equivalent, and shall. be payable at the Mechanics & Metals National. Banlt A in " the C it y of New York, State of New York. To 'each of said 4 i i k a ., A Bonds shall be attached Interest Coupons of such number and amount as shall be necessary to pay the intereat semi.-., annually & the principal sum of said Bonds at the gate x of six per cent (6%) per annum, until the principal of said Bond shall mature thirty years from the day of 192 Said Bonds and the said Coupons attached thereto shall be receivable by the City of Clearwater, Florida, for all taxes and indebtedness due the City of every kind whatsoever. SECTION 3. the forms of said Bonds, not in conflict with this Ordinance, shall be approved by The City Commission and each of said Bonds shall be sealed with the corporate seal of said City signed by the City Auditor and Clerk: and the City. Manager, and countersigned by the Mayor - Commissioner or the Acting Mayor Commissioner.- The Interest Coupon attached to said Bond shall be signed in like manner as the said Bonds with the Pao-simile signatures of said officials. : SECTION 4. When said Bonds shall have been issued as herein provided, the City Commission is hereby authorized to sell said Bonds at either private or public hale, for the best price therefor, and the proceeds derived from the sale ` of said Bonds shall be used and expended only for the purposes herein expressed, or such of said purposes as may be approved by the electors of said City, voting in said. election. Provided that if there be a surplus derived from the sale of said Bonds after the completion of the purposes herein set forth, or such of said purposes as shall be approved in said election, such surplus may be used for any municipal purpose of said City. 3 ` SECTION 5. The City Commission shall have full control, direction and authority, over the money derived ''. from the sale of said Bonds for the purpose herein set forth, or such of- said purpose as shall be. approved by the Mle Vt Vrs,:afo esaidp votiAgj in,.said elooti.on and. the . y'y^i`q ' ??tirs?. , ? i°t?lr, ,;;z??k?/?ri ?,#fi'i '} ' '. _ , jj ? ? • ,? V1r, ? N -?hd,.l:? C, ?t: -:l•SK;: =,.i rt??iAS :.Yr'. x:.' . S``r :'? ?"?L,+'? (/ - 7 j , 5 M do 515 expenditure of said money far such purposea• SECTION 6, In event that said Bonds, or any portion thereof, are issued and sold, a special tax shall be ' assessed, levied sad collected each year on all property 3 both real and porsonal, subject to taxation within the ` a corporate limits of the City of Clearwater for the purpose of paying interest upon said Bonds semi-annually, as herein. set forth and an additional tux upon all of such property as shall be necessary shall be assessed, levied, and { collected each year for the purpose of providing a sinking fund for the payment of said bonds at their maturity. Said sinking fund shall be deposited and invested as provided by , the Charter of the City of Clearwater, provided that the said Commission may, in its discretion provide funds for the payment upon the principal and interest upon the bonds issued hereunder for the purpose of the extension of water and gas mains, from the earnings of said water and gas systems i :'. respectively or both of them. ,- SECTION 7. A special election shall be held in said City in accordance with the Charter and Ordinances of said City, in which election only those persons authorized by k the Chanter of said City to vote in Bond Elections shall participate, and at said election it shall be determined whether said issue and bonds as he re iu mentioned shall be ' issued and sold, and in said election the electors of said City shall vote separately upon each of the said propositions. Said election shall be held on the 27th day of April, 1926, and the question of whether bonds to the amount and for the '.' purposes herein provided, shall be issued and sold by the t f e t said City, shall be submitted to the electors of said City, ` . .?? ..i •,.. it iW:r• .: ?.•." X31 ?' .. . e possessing the qualifications of electors in bond elections as provided by the Charter of said City. The said electors p ( ;. voting separately upon each of said propositions. There shall be provided for the use of said electors ballots substantially i11 the following form. . ,. ." \?dks'fj `}fir i`:^R I.t „..3:.. ,'?li _ _ 1 ?'?.: •':1. Jim Y? g, .?r.r.?cr?xaaue+uo?i?arliFSId?i t 516 . OFYICIAL 13ALLOT { Spooial election of the City of ClearWatar, Florida, held on the 27th day of April, 1926• ' Make a cross mark (X) before the proposition in favor < i of the issuance and sale of bonds for the several purposes herein, if you favor the same. Make a cross mark (x) before the proposition against the issuance and sale of bonds for the several purposes, if you oppose the same. Vote separately upon each of the propositions. FIRST PROPOSITION: Shall the City Commission of the City of Clearwater, Florida, issue and sell six percent thirty year Interest Coupon Bonds :-n the total amount of Two Hundred Thousand Dollars, for the purpose of a site and the erection thereon of a sewage disposal plant to- gether with a, collecting system? YES . • Shall the City Catmiission of the City of Clearwater, Florida, issue and sell six percent thirty year Interest Coupon Bonds in the total amount of Two Hundred Thousand Dollars, for the purpose of a site and the erection thereon of a selvage disposal plant together with a collecting system? NO s 74 SEC01? PROPOSITION: Shall the City Commission of the City of Clearwater, Florida, issue and sell six percent thirty year lnterost Coupon Bonds in the total amount of Twenty-Two Thousand Dollars, for the purpose of installation of an Incinerator? `• . ' YES • - _ . Shall the City Commission of the City of Cle artiratex, Florida, issue and sell six per cent thirty year Interest .f v` ;Y; ;'' = e;z• : . ;r;::-.:,, Coupon Bonds in the total amount of Twenty Two Thousand ••i_L'N:l 1j K: `A-?m Sc-a•:? f':. •i i, 1••.s l.. .. `° _. I ?'j J..'w e.:3'tly%r•^. 5..._ :? tr w'YY Ri <.' Dollars, for the purpose and installation of an Incinerator? ? iS . ' ' / ' , '• ... :^ l ii4la?:, ;: 3_;ey}/ ;:.$is L • ) .`(/ ??%/ ,may(// ' EE 4 Y,•: y'?'S ,t 'R [1 K 4 i N0: THIRD PROPOSITION: Shall the City Commission of the City of Clearwater, Florida, issue and sell six per cent thirty year Interest Coupon Bonds In the total amount of Sixty Thousand Dollars for a .Municipal Building which will, include a Fire Station? YES: 1 3. Shall the City Commission of the City of Clearwater issue and sell six per cent thirty year Interest Coupon Bonds in the total amount of Sixty Thousand bol].Aars, for A 1?Surii.oipA3, . Building which will inolude a Fire Station? N0: FOURTH PROPOSITION: Shall the City Commission of the City of Clearwater, Florida, issue and sell six per cent thirty year Interest Coupon Bands in the total amount of Fifty Thousand Dollars for the Improvement of the Island Park? YES: i Shall the City Commission of the City of Clearwater, issue and sell six pt#r cent thirty year Interest Coupon Bonds in the total amount of Fifty Thousand Dollars for the Improve E went of the Island Park? NO: . ., FIFTH PROPOSIM .:: Shall the City Commission of the City of Clearwater, issue and sell six percent thirty year Interest Coupon Bonds in the total amount of.•.,Two hundred .'. ; Mirtyr-Five Thousand Doll ars for the, Extension of Water Mains ? YES. z' ' It sad ??°: pis.{sr^.: "•§.'?'-"' > •: ?'+`:?".: '':.F f k K .F?. i_d '.1 1 ?q•'S, t?F-,5?3?}'• Yl ?t.b'1?: g4'; fP,?::.: }; ??,?{ . : f ?' , i i i' Y ' ' N s^ E?frt T f.i^f ``tt I 1 x ?t T. t. ? ` f ?33j''? f }. fw >F }. 9 „'?•? ,?"hy -.,s. -. ..., s.f . em. ?,. ... • Shall the City Commission of the City of Clearwaterp issue and sell six percent thirty year Interest Coupon ` Bonds in the total amount of Two Hundred Thirty-Five Thousand Dollars for the extension of water mains? SIXTH PROPOSITION: Shall the City Commission of the City of Clearwater issue and sell six percent thirty year Interest Coupon•Bonds in the total amount of Seventy Five ' i ?'i?: ?' SAC k::?aAa •?' 4. f'03s. Thousand Dollars for the extension of Gas ldains? Yes Shall the City Commission of the City of Clearwater, issue and sell six per cent thirty year interest coupon bonds in the total amount of seventy five thousand dollars for the extension of gas mains? NO SEVENTH PROPOSITION: Shall the City Commission of the City of Clearwater issue and sell six per cent Thirty Year Interest Coupon Bonds in the total amount of Six Thousand Dollars for the construction of bridge on Douglas Avenue? YES Shall the City Commission of the City of Clearwater issue and sell six per cent Thirty Year Interest Coupon Bonds in the total amowit of Six Thousand Dollars for the construction of bridge on Douglas Avenue? NO k• r { 41 49 Jiy i RIGHTH PROPOSITION: Shall the City Conmzission of the City of Clearwater issue and sell six per cent Thirty Year Interest Coupon Bonds in the, total amount of Six Thousand Dollars fcv construction of bridge on Overbrook Wary? YES. Shall the City Comission of the City of CIQarvimter Issue and sell six per cent Thirty Year Interest Coupon Bonds in the total amount of Six Thousand Dollars for con- struction of bridge on Overbrook Way? NO NINTH PROPOSITION: Shall the City Commission of.the City of Clearwater issue and sell six per cent Thirty Year Interest Coupon Bonds in the total amount of Six Mousand Dollars for the construction of bridge on Spring Road? YES Shall the City Conunissi,on of the City of Clearwater issue and sell six per cent Thirty Year Interest Coupon Bonds in the total amount of Six Thousand Dollars for the construction of bridge on Spring Road? NO TENTH PMOPOSITIOMi: Shall the City Commission of the City of Clearwater, issue and sell six per cent thirty year Interest Coupon Bonds in the total amount of Four Thousand Dollars for the construction of Fridge on Highland Avenue? YES { +1 f 5 i • 1 52U ! Shall the City Commission of the City of Clearwater, Florida., issue and sell six per cent thirty year Interest .. Coupon Bonds in the total amount of Four Thousand Dollars t' for the construction of Bridge -on Highland Avenue? NO: LLEVENT11 PhOPOSITION; Shall the City Commission of ? the City of Clearwater, Florida, issue and sell six per cent thirty your Interest Coupon Bonds in the total amount of Eight Thousand Dollars for the construction of Bridge on Palmetto Street? YES: ' Shall the City Commission of the City of Clearwater, issue and sell six per cent thirty year Interest Coupon • r i. Bonds in the total amount of Eight Thousand Dollars for i the construction of Bridge on Palmetto Street? I i 14 0: F TWEL'FUi PhOPOSITION: $hall the City Cornniss ion of the City of Clearwater, Florida, -issue and seal six per cent 4- Thirty year Inte3,?est Coupon Bonds in the total amount of Six Thousand Dollars for the Constl-action of Bridge on Betty Lane? *+ YES . ` Shall. the City Commission of the City of Clea?r?uter, `? , ,F= is - f,.•f 'r} .I '? . r,Florida, issue and sell sbc per cent thirty year Interest } Coupon Bonds in the total amount of Six Thousand Dollars • t' I: '':: -: ' •' •''?:(-,..., ,? 'for the construction of Bridge on Betty Lane? NO: THIR o TF.yNTH PROPOSITION: Shall the City Commission I '? sir` ?•-.?' ?Mk , ', r{' y k., .. 4 ' ''•.• 'rte .. the City of Clearwater, Florida, issue and sell six per cent thirty year Interest Coupon Bonds in the total amount of J a Y: ? 4. ? . OFl i ,?ix'°4.3. ?k. .::?:.- ..A', 3'.'1•i.r•,A ?.,•:J k'i. tS. fLa k i 41 d A l r P ' .. • Lj Seventy-Seven Thousand Dollars for improvements to Bay F'ibont '•' and Causeway Approach? a " YES Shall the City Commission of the City of Clearwater, L . L Florida., issue and sell, six per cent thirty year Interest Coupon Bonds :tn the total amount of `seventy-''Seven Thousand Dollars for improvements to Bay Front and Causeway Approach? YES : Shall the City Commission of the City of Clearwater, Florida, issue and sell, six per cent thirty year Interest Coupon Bonds in the total amount of Seventy Seven Thousand Dollars for improvements to Bay Front and Causeway Approach? . ; ' 1. ! • `? 130: FOURTEENTH PROPOSITION: Shall the City Commission of the City of Clearwater, Florida issue and sell six per cent thirty year Interest Coupon Bonds in the total amount of Wenty Two Thousand Dollars for a Fire Alarm System? ; 'E . YES Shall the City Commission of the City of Clearwater, ' Florida, issue and sell six, per cent thirty year Interest Coupon Bonds in the total amount of Twenty T%vo Thousand Dollars c • for a Fire Alarm System? NO' . a FIFTEENTH PROPOSITION: Shall the City Commission of the ` City of Clearwater, Florida, issue and sell six per cent thirty •' J year Interest Coupon Bonds in the total amount of Forty Three Thousand Dollars for the purchase of Lot at city hall.? I r :ss ' ' .'i ry ' ` f ' • A tn ? .'73"` '" ..y.3 iC ' "ir. F rfi'1-•?`i ' .?'s „?+r .a eY'?,a `4'"'xr7::i `?•t 1' isY 1- .'.' . .".??.?j .d, y:°".v=im ?IY •? T: 7 r? w )'. . 'i Ii''%''•.'s?x'f• •1= •x. . r , : ?yc?. ! •:'tE`''?,`?`?-YJ«S'`a ::r+;::??, f.: -,h" F;., _ _ .I :r;yi:•,;V,°.. _ a 14 a4 •• S Shall the City Commission of the City of Clearwater issue and sell six per cent thirty year intorest Coupon Bonds in the total amount of Forty threo thousand dollars for the purchase of lot at City 11n11? 1 NO SIXTEENTH PROPOSITION: Shall the City Commission of the City of Clearwater issue and sell nix por cent thirty year Interest Coupon Bonds in the total amount of Ten Thousand Dollars for the improvement of Sayview Park? YES Shall the City Commission of the City of Clearwater issue and sell six per cent thirty year Interest Coupon Bonds in the total amount of Ten Thousand Dollars for the improvement of Bayview Park? NO SECTION EIGHT: If a majority of the votes cast at said election shall be iai favor of the issuance and sale of said bonds, for any of said purposes, it shall be the duty of the City Commission to issue and sell bonds in accordance with this Ordinance, for such of said purposes as are approved by the voters in said election, but, if a majority of a;x:id votes cast in said election shall not be in favor of the issuance and sale of said bonds, for any of said purposes,'then no bonds shall be issued and sold for the purposes so failing to receive a majority of the votes cast for said purposes. SECTION NINE: This Ordinance shall be published in full In one issue of the Cleanvater Evening Sun, a news- paper published in the City of Clearwater, within five days after its passage, and the following notice shall.' be ' published,in the Clearwater Hvening Sun, pubXished.in the ; e 3 e 4 ¦ 1 +I' City of Oloarwator, Vlorida, once Ta wooly for four consecutive woolto prior to the 27th day of April the dato of aaid election. The fIrat pt%blioation thereof to be not less than twenty-f ivo days bef ore the day of said oleotion. NOTICE OF B01 ISSUE FOR PUBLIC IMPIiOVEMENTS: IiOTICE IS IIL;1iL13Y CiEVEN That the City Connnission of thin City of Cloarwater, Florida., on the 15th day of March 1926 adopted and ordained Ordinance No. 247 entitled "An' Ordinance for the Issuance and Sale of Bonds of the City of Clearwater, Florida, to Provide for the Payment of said Bonds and to Prescribe the purposes for which the Money Derived from' the sale of Said Bonds ahall be Expended" which said Ordinance provides for the issuance i and sale by the City of Clearwater, Florida, of Bonds of said City in the total amount of Bight Hundred Thirty " Thousand Dollars or such parts as shall be approved by f the voters in the election described in said Ordinance I t and h©iei.n set forth, for the following purposes and improvements, to-wit; 1. For the purpose of a site and the erection thereon of a Seviago Disposal Plant together with a collecting system, ($200,000.00) 2. 1''or the purpose and installation of an J J Incinerator, (022,000.00). 3. or a Municipal Building which will include a Fire Station, ($p60,000.00) 4. For the improvement of the Island Pal-it, ($60, 000.00.) 6. For the extension of Water Mains, f ($236,000.00) 6. For the ax?ennion of Gas Mains, $75,000.00 r' ?ti• ;;:°.. .`:r:' '?. For construction of bridge an Douglas Avenue, ?`-:`':w ~'; x,,a ,;i#'° r,l'°• (06 000.00)' ..,': ?? ?.-°'•F°K•`•.Y `?e'.:'•? ` s' "'..'mss'. t ? ` 0 r ? 8,,. For' construction of bridge on Overbrook Ways i-'y H' ?Y 44X i f??'•fi y"'?t ` 'w' .. yg, _Fya ?i f dt 1? !t/?.1O.0o) (06 h ? t M 4 M , g. For $6,000.00. r 10. For $4,P000.00. 11, For 118,000.00 . 524 construction of bridge on Spring Road.. j construction of bridge on Highland Avo., construction of bridge on Palmetto Street 12. For construction of bridge on Betty Lane, l { p,000.JO :l 13. For improvements to bay front and 00Lu1313Vtuy approach 077,000.00. 14. For fire alarm system, $22,000.00. 15. For purchase of lot at City Hall. 843,000.00 16. For improving Hayviow Park, $10,000.00. Or such of said purposos no may be approved by the majority vote of the voters at said election. The voters in said election shall vote separately upon each of said propo-- sitions. Said bonds shall be issued in the denominations u of. One Thousand Dollars Lach, maturing thirty years after the first day of May, 1926, bearing interest at the rate of six per cent per annum payable semi-annually on the first day of May and the first day of November of each year until the principal of, said Bonds becomes due and leaving interest coupons attached of sufficient number and amount to pay the ` interest semi-annually as aforesaid until the maturity of ? said Uonds4 said bonds shall be payable at the Mechanics and Meta]s National Bank in the City of Now 1'orl:, Sf;r?tr? of New York. NOTICE IS HEItLBY GIVEN TIfAT a special election shall be held in the City of Clearvrnter, on the 27th day of April, .k 1926, at the City Ball in said City to be participated in by the qualifisd electors of said City, who are qualified to vote in bond elections under the Charter, of said City, and at said olections the question of whether or not said bonds shall be sold and issued in accordance with this f••_`AtFyih S±•I RP??••\ •*•, ;gv';i: ty.'. :f?R-,Al?.''.7, ;;t,;j' notice and the terms and provisions of said Ordinance shall be. submitted to the avid electors and the voters in said t 4 a4 3q-w.-.f...-.a.-,....-...is..-..? .,... t .. ..., ..,... :,L.,?VW'..a?w ..... t , • - .-.. es. - _ election shall vote separately upon each o said propositions by order of the City Ornnmiseion of the City r of Clearwater.. Florids.0 this day of_.....-..__ _ 192 , is }. ATTEST: City rud:Ltor -er M3i6r Commissioner. SECTION TU . All Ordi a es o - n no or arts of Ordiaza s nce t in conflict with this Ordinance are hereby repealed. Passed and adopted by the City Comnission this 15th `.. •1 ? ? ? ; ` '?' • ? Da of Larch Day A. D. 1926. ATTEST: y A4idi7t or C erk. Mayor Conn se oner.. ,t •S' r . ! •t • Ttr' ,"tl tit` c, t...?.' .. .S f,i. ;'t,'1•? .,?, t.tc ift r.?.+. '}.t ls,•f1j'°?t, -k.- .j, - - ,?•°{•° ? E „'. '- _011''ll+: •??:a {: Sz'.Y ??it •< dE:i? {? ,r`' . - •=.Y.' i1t'%r `'?9' m •'''. '?,_ -. •-l ?'`t•34t`.' $??re•t:; i}I.':}: :•EY '.7.11 ???T, :'[?z??l ';atii ;k .? {??h.;?:3dx•r .e9;;"'t.•'w?.!.a?..w?.? ? . , "q,?•'?,`?I 1: ?/' i. _:: SF 'R•'" •J?,3}.',r-'??'t,;,,?i?yr .('? ??' .':'}?/ • ? ? ? ? :?; ?i"_; t.A' •?iY ?-??r13'i '..?li'ia-?i-' ?'_' ?. f•i? ?? .•1??„?, . tr i'. to ".£?' ? ? ? ?. •t'• fc?:L.?f'hS7`,":'l??'?•'...'?=1 •?'??,.:SN,.. use ? Ems' ?i?." 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