1704tiLiFt:.1'tsr"z°_1w'?;J,it'1???J?'.'>a ??"F? ?.?`.r2. 1. ?S' _ r?V ? ..?E!•{a',;.??a
'? ?,IS?NI.IE.tili??r.r?.t{.t'.'1 ??3.: 8•t'';?s?+ '? - i•L` _ '"/2.fS!.11. La?• Llif.?tYi.iZf?iYl:
1 L, ^ ..; RY 4
1
t r 1 +
?r,k( F
t Ordinance No. 1704
a?'s AN ORDINANCE AUTHORIZING THE REFUNDING OF
R ,y CERTAIN PRESENTLY OUTSTANDING REVENUE OBLI-
x=?k
`' GATIONS OF THE CITY OF CLEARWATER, FLORIDA;
rr PROVIDING FOR THE ISSUANCE OF NOT EXCEEDING
$1,8850000 SPECIAL OBLIGATION BONDS, SERIES
1977B, OF THE CITY TO -BE APPLIED TO REFUND
THE PRINCIPAL, INTEREST AND REDEMPTION PRE-
MIUMS IN RESPECT TO SUCH PRESENTLY OUTSTAND-
ING OBLIGATIONS, PROVIDING FOR THE PAYMENT
OF THE
REFUNDING BONDS FROM ESCROW DEPOSIT
.
INCOME AS DEFINED HEREIN; AND MAKING CERTAIN
F. ; . COVENANTS AND AGREEMENTS IN CONNECTION THERE-
WITH; PROVIDING FOR PROPER NOTICE OF
PROPOSED ENACTMENT,
BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF CLEARWATER,
FLORIDA:
SECTION 1. AUTHORITY FOR THIS ORDINANCE. This Ordinance is
adopted pursuant to the provisions of Chapter 166, Part II,
Florida Statutes, and other applicable provisions of law.
SECTION 2, DEFINITIONS. Unless the context otherwise requires,
the terms defined in this section shall have the meanings specified
in this section. Words importing singular number shall include the
plural number in each case and vice versa, and words importing
persons shall include firms and corporations.
A. "Issuer" shall mean the City of Clearwater, Florida.
B. "Act" shall mean Chapter 166, Part II, Florida.
Statutes, and other applicable provisions of law.
C. "1.9,778 Bonds" shall mean the Special Obligation Bonds,
Series 1977E herein authorized to be issued under the terms, condi-
tions and limitations contained herein.
D. "Holder of 1977E Bonds" or "1977B Bondholders" or any
similar term shall mean any person who shall be the bearer or owner
of any outstanding 1977B Bonds or Bonds registered to bearer or not
registered, or the registered owner of any such 1977E Bonds or Bonds
which shall at the time be registered other than to bearer.
E. "Refunded Bonds" shall mean collectively the outstanding:
''$2,275,000 Utilities' Tax Improvement Certificates, dated June 1,
t
1959; $625,000 Utilities Tax Improvement Certificates, Series of
1.960, dated December L, 1960, and $1,220,000 Utilities Tax Improve-
ment Certificates, Series of 1962, dated December 1, 1962.
N A..
s
1 ayy . !?.'i 'fin et}' ••'?
;i?'¢??+„•-. %?Yl."?'.?-t.,"pit, r•??. "''
? !? .?: +,??,;?1,?•1.?f«•?E is^;'' fir- ??1..?;{..,.? :'? , •.
?y?? K YaY. , I 4'
`? .f`i't Y,?,?•Y'??': f,?
?? ,j?
3li
r
i
.9/15/77
? . A: li
.1
F=
I
¦i.,
?l•3•F a'f? • ?
F. "1977 Bonds".shall mean the issue of Utilities Tax Bonds,
Series 1977? authorized to be issued pursuant to separate ordinance
of the Issuer of even date herewith, (the "1977 ordinance"), all or
the first installment of which is to be issued simultaneously with
the 1977B Bonds.
G. "Escrow Deposit Agreement" means that certain Escrow
Deposit Agreement (Utilities Tax) by and between the Issuer and a
bank or trust company to be selected and named by the Issuer prior
to the sale of the 1977 Bonds, which agreement shall be in substant-
ially the form attached as Exhibit A to the ordinance authorizing
the 1977 Bonds and incorporated herein by reference.
H. "Escrow Deposit Income" shall mean all interest and other
income derived from the investment of funds under and pursuant to
the Escrow Deposit Agreement, and, after payment of the Total. Debt
Service Las defined in the Escrow Deposit Agreement) on the Refunded
Bonds, any excess cash and principal of Federal Securities held iri
the Principal. Account (Utilities Tax) hereinafter called "Principal,
Account" created under and pursuant to the Escrow Deposit Agreement.
1. "Federal Securities" shall, mean direct obligations of the
United States of America and obligations the principal of and in-
terest on which are fully guaranteed by the United States of America,
none of which permit redemption prior to maturity at the option of
the obligor.
J. "Fiscal Year" shall mean the period commencing on October
•1 of each year and ending on the succeeding September 30 or such
other annual period as may be prescribed by law from time to time
for the Issuer.
SECTION 3. FINDINGS. The Issuer hereby readopts and incorpo-
rates herein by reference the findings made in Pa: agraphs A, B, C,
and G of Section 3 of the 1977 Ordinance of the Issuer. It is
further found, determined and declared as follows, that:
A. The Issuer will derive income from the investment of
moneys to be deposited in escrow pursuant to the Escrow Deposit
Agreement described in the 1977 Ordinance. Such moneys and the
income therefrom,'as defined herein as "Escrow Deposit income", are
nqt now pledged or encumbered in'any manner.
_ ,
9115/77
L
a
? S• d?'?'?Y? ?, 1.y r}it,•k .i:`i e}'Si;: !..r ?. •i. F,`.F., -., - .. at . ,
: '.S`!•'-J?•C'{..a'??. ,:4 ix"i4 ? '.t?:f ?. ? ? . ?___. -__ -_. r_.___?...._.? ?..r.? ?ri?4S7Y'?ai'17
'A
1
:Z;,
M
e
140
t',?.Y"?ti`tI4X?I l: `rf ?:'%t`'•-.i ?"`;'r'°r. `5=<y'a i?"si ,nsi°t'•. s.S, ao ,;?; -_z, -nr, 3' M sP.??' .K: •r -? r .li. •
L a . r ?'" ?k [? "' ,?frtiLy` f??,,:uwia#:si,ww.?wYw.li+Kar?'w+a?y+Slx?.w+?f+S?
IFS / : F, , t2
B. Thencipal of and interest on the 19778 r'v ds and all `?•,{'i
.' at• wi,
F` r
d 'fir ?
c s ?. .,t
w yy f. 1 `S
I•= Y
?' r i',u 'r.a - .` • ; ,t "!i4 pin,
a
???;',-:?.'..?ۥ;.;.'.;,, :,._ wr.
other payments r provided ..o.. will be ca,able solely ? f= o;n the Escrow
• ? ? '.?riy.f„ ?r? UF.r.
r 3 ? ..s<. t : ? 'M1 ' (}1 , ? Via' i.???:? •; ?'
Deposit Income, as herein defined and provided, and such Escrow De--
posit income will be sufficient for such purposes.:
k• by
C. The Issuer will never be required by the holders of the
1977B Bonds to levl ad valorem taxes an any property within the
.? ., ,.
•,,L Issuer to pay the principal of or interest an the 1977B Bonds or to
a A + . J 45`
make an of the reserve, sinking fund or other oa ants provided for
in this ordinance and the 1977B Bonds shall not constitute a lien 3
upon any of the, properties of the Issuer, except upon the Escrow De-
W '.
posit Income in the manner provided herein. '°.`zr': ;"'• ,?t.,a}',4Y`}::.
? .r 43.3J4 ?'t,_,(?i ' ,r, ? °`;'at` _'f'rth'F?i''fr'"'?''.i?''s•` (f}{I'f! '?r.YF?? ; t Y' '? _
SECTION 4 . ORDINA 7C TO CO:iSTITUT?' CL O. ?C G'
^?3 .tl r: :? .?ialf r H.? ',? y .,+ r a Ln CQ:l S 1 er2. t:a.CA 57`•#; L°r» t
of the acceptance of the 19778 Bonds authorized to he issued here-
under by those who shall hold the same from time to time, this ordi-
nance shall be deemed to be and shall constitute a contract between
the Issuer and such holders. The covenants and agrpe:ments herein set• X
forth to be perform_.d by the Issuer shall be for the equal benefit, ;
protection and security of the legal holders of any and all of.such
1977B Bonds and the coupons attached thereto, all of which shall be
of equal rank and without preference; priority or distinction of any .
of the 1977a Bonds or coupons over any other thereof, except as
expressly provided therein and herein.
SECTION 5. AUTHORIZATION OF RE%'iTi`FDING. The refunding of the
Refunded Bonds is hereby authorized in accordance with applicable lava
and the provisions of this ordinance.
SECTIOU &. AUTHORIZATION OF BONDS. For the purpose of financing
part of the cost of the refunding herein authorized, and subject and
pursuant to the provisions of this ordinance, obligations of the
Issuer to be known as "Special Obligation Bonds; SEries 1977B" are
hereby authorized to be issued in the aggregate principal amount of
not exceeding one Xillion Eight Hundred Eighty-Five Thousand Dollars
($Itass, 000).
SECTION 7. DESCRIPTION OF BONDS. The 1977B Bonds shall be l
' I
numbered consecutively from one upward; shall be in the denomination
of $S,000 each; shall be dated; shall bear interest at not exceeding
?the,maximum,.rate authorized by the Act, payable semi-annually; and
shall ,matiire ? nnually .or' semi--annually in such years, and in such }
9/1517`7 !OC
77.
f f '/,? ? •j?'+t ?t??'is?'s'x'-i?::r??1? '.. .'.i: "..?+'r?,,:..?' °s 1' ? ,. .. ? - ? '.?.. .? .! t?' `???'S{ =}`)Z
„ _; r"' -+'t•'... 't?`? ? --.` _' ?'-' -..t.? - v ?.r.r?o+`a?rrl.7?i?W!Ylf?Y?
42
a
r
?4?!I:is?}3?i!;°h .v?"°r`.T,,. -}5r-, -r;?r?«? •rew!^• :,;?7C:-?•,'?y.Y;?r ..
.. .. :A? :L?Y.? ' .; `.`LAi .fl J.'-r. 'hs .'??? .'.l'.}.. •. ?c .•.:?rM ??:F?I:CS.Y,IRL?
`.- ax ^f?t T• y A... z, J.... ., i .= 3.. • :,. 1 •F?i. :S-niax[,,°?•yy' l,Cha F•i F J<,
?'``? J? Y IJ? > ?•r _t.?,_,11:..'" !! Jy#va_!?'f^4, M.`3?kx 3?" !
CrL:?iri'?NiM7iirn4dnf.'?r.-= -,. -?.?icr
'"
i:• a
i•;?
'i '<
'
i
,
r
s
x i .
;
amounts, all as are fixed by resolution ordinance of the Issuer adopted
prior to the sale of the 1977E Bonds.
Such 1977B Bonds shall be issued in coupon form; shall be pay-
able with respect to both principal and interest at such bank or
-'='•''':
4 F.
r
banks to be determined by the Issuer prior to the sale of such 19778 I t ,'
Bonds; shall be payable in lawful money of the United States of ,. ;
America; and shall bear interest from such date, but not earlier ?.
than the date of the 1977B Bonds, as is fisted by resolution of the
Issuer adopted at or prior to the sale of the 1977B Bonds payable in
accordance with and upon surrender of the appurtenant interest
A
n?•f,
Gtr.:,?H.?s•.??''l??'??' w. '
coupons as they severally mature.
??
'
{?+
h
• ,
SECTION 8. EXECUTION OF BONDS AND COUPONS. The 1977B Bonds ro'
,
??
,
'sal .} j
shall be executed in the name of the Issuer by the Mayor--Commissioner
and City Manager and shall be attested by the City Clerk of the
Issuer and approved as to form, sufficiency, and correctness by the
City Attorney, either manually or with his facsimile signature, and
the corporate seal, of the Issuer or a facsimile thereof shall be
affixed thereto or reproduced thereon. The facsimile signatures of
the City Clerk, City Manager, and Mayor-'Commissioner may be imprinted
or reproduced on the 19778 Bonds, provided that at least one signa-
ture required to be placed thereon shall, be manually subscribed. In
case any officer whose signature shall appear on any of the 1977B
Bonds shall cease to be such officer before the delivery of such
1977E Bonds, such signature or facsimile shall nevertheless be valid
and sufficient for all purposes the same as if he had remained in
office until such delivery. The 1977E Bonds may be signed and
sealed on behalf of the Issuer by such person who at the actual time
of the execution of such 1977B Bonds shall hold the proper office
with the Issuer, although at the date of adoption of this ordinance
such person may not have held such office or may not have been so
authorized.
The coupons attached to the 1977B Bonds shall be authenticated
with the facsimile signatures of any present or future City
Manager and Mayor-Commissioner of the Issuer, attested by the
facsimile signature of any,present or future City Clerk, and may be '
.sealed on behalf of the Issuer by having imprinted thereon the word
Mall:•t.'?:rt.??i?.'•?'r•'•` J.' ? ,r=a.}',. .,,;•Ir•''; .i • ., ` ?,?"'. +' f ?J 7
GJ,?ti* ;.?, ?'. - '-'n'?,.;?5:ji'' ,? :f-:: ...{. .?i' ...?r, +` .:'s...'(:..s."t. r.t'•, o. ^'? ?'?F ?''1' ;'?•i'P ?}•??'?1;.!
?S±P>t' ??`e Y' . ? .?. ? ht? i?t +;?.., ,. ?' t ? .. ?'s?•u" ti.s r "t .?? , i s%'.1
?J?. 'N'SF '? 4 '-?ri..?;I4? f;.i:'. +- , ., ,y + ? ?. • -'? ? ? ? ; '
'.•?,?Y.iir ;?Lr?;t'.?LI,J•.c`+Y?„4a4??ljj?. .r 'f?'4• •}' ?? ? .r ,'4.. '.?
?'' ,•?.!`?,?4?5?? ;??r./Fr •1 ¢?y 1,l ?, 1?'• ? r ?F ?si.'.i _ ? .,i,
0
:r
1
k.. LAS . ' ?Y:(
"(Seal)". The validation certificate on the 1977B Bonds shall be [
executed with the facsimile signature o t May a
of he ay r-.Commissioner
The issuer may adopt and use for •. ?''=''``'
such Purposes the facsimile sign
,?• a-
r.
'
tures of any persons who shall have held such offices at any time on
or after the date of adoption of this ordinance notwithstanding that
`; w r .Fy they may have ceased to be such officers at the time such 19778 :s
"y
Bonds shall be actually delivered.
SECTION 9. NEGOTIABILITY AND REGISTRATION. The 1977B Bonds
is t ?' rr}r+?' 'issued hereunder shall be, and shall have all of the qualities and
incidents of negotiable instruments under the law merchant and the
'iw • ,. ice: ; , Z';4:?.?. , y'.;.': {':? n?`;„"? ;??i?? i
f laws of the State of Flo
o rids, and each successive holder, in accept - ?,;,. J ,,,.?.•? , ?•' "??'???-'
v Yh 1 Jj r.?';',
1 ;fq. ing any of the 1977B Bonds or the coupons appertaining thereto,
shall be conclusively deemed to have agreed that such 1977B Bonds 1?y3?}ycr? e
r S ;Q , ?, g?rfwf
t;
' shall be and have all of the ''p' t
?'•?, _ ?•• s qualities and incidents of negotiable
oy''J?`-'?' -,.
x instruments under the law merchant and the laws of the State of
Florida.
The 1977B Bonds may be registered, at the option of the holder,
as to principal only or as to both principal and interest, on the
-books of the Issuer at the office of the City Treasurer, as Registrar,
or such other Registrar as may hereafter be duly appointed, such
registration to be noted on the back of the 1977B Bonds in the space
the space provided therefor. After such registration as to principal
only or both principal and interest, no transfer of the 1977E Bonds
shall be valid unless made.'at the office of the Registrar by the
owner or by his duly authorized agent or representative and similarly
noted on the 1977B Bonds, but the 1377E Bonds may be discharged from
registration by being in like manner transferred to bearer, and
thereupon transferability by delivery sha11 be restored. At the
option of the holder, the 1977B Bonds.may thereafter again from time
to time be registered or transferred to bearer as before. Such
registration as to p-i.nci.pal, only shall not affect the negotiability
of the coupons which shall continue to pass by delivery. The Issuer
may make a reasonable charge for every such transfer sufficient to
reimburse it for any expenses incurred by it; provided, however,
that no charge shall be made by the-Issuer for the first transfer of
any,1977B Bond from bearer to the registered owner.
'J?(tY;?Qr$xfr 1704"f.
Vc ", !4 14 fi
e ;R.T?y^?, a _ 9? • - ;r,g?.' - - ? - 'r" . -• ?F •••-ci i•'rr rut, ? r;v_
r ??. ,?1' fir- '-^e ?. " ?'; 1 , 't r. •F,' ?' 'r,A r ?
t: ? s? !.w f??rh? ??iL`;ht.4.?'j.,1/''?!3?. •'?'}?{{'': ','.?}::''' ... •} .?+., ,..y. .e .3? `??r?,.+Ck?:??S
°''-'', t.?'1 Y!•'•? It}.'?.., ..? .. `'.?', ?. }I. .[" _:.°,,V
^?;•I,FG"M
rg4,Y? ??• ? ? ?:??' t?.i #"rK1?i? ti: ?`?.? :.t? f ? ., w,ti'f .•. ' ?, s? ? .. '.?s. : t : , ,
L.. .S"r (S•'SS - s.r'?+.si?..u F'SL?'•.?'i. . i y..«,' .. ?1 '. ~ 1 1 .? ? _. ,__... ._ ?__ ?.r? ?Yr••r•?=i7r ' i
r-'
{? t
•T., 7W; ,''tts :7?S,s i? '.`1' -3 -;yy. ;.t ?n? ,r,.i. ., -,.Sa??,..YA' i ,uw.tio,ts'ti ','7F., ts;-:-•ls pi??'• f. y t
tf a r r ?'f' •L.:' t .1. - - '??='ir.sia ...::d.LS4'Lii.:..iiw:.i++4 k ? - ---?. nk?°°.a;«] t _ ??
w SECTION 10. BONDS MUTILATED, DESTROYED, STOLEN OR LOST. In t•'`;`°i??;,?_•'?' ?' ? -
caso any 1977B Bond shall become mutilated, or be destroyed, stolen
or last, the Issuer may in its discretion issue and deliver a new
1977D Bond with all unmatured coupons attached of like tenor as the
1977B Bond and attached coupons,' if any, so mutilated, destroyed,
stolen or lout, in exchange and substitution for such mutilated
?. 1977B Bond upon surrender and cancellation of such mutilated 19778 i, ",-
#tr<, Y Bond and attached coupons, if any, or in lieu of and substitution
.¢ for t 19 Bond and attached coupons, if a rat'•; ?,.?': ,i .?':i:"
any, destroyed, stolen
hA ?,s „ifr r `.`]r M4) M'1,'yk'C.e?3 }.??1.:.,1•..
or lost, and upon the holder furnishing the 25SUer proof of his :?` ,r •,a °?it;?1y+'; ??';,r:?di?'%t7 s.=.
'? i. , i?, • rR'[}?utij ti?tt,t?#?a4?'r'??`.??is .rd ,j? ;.,, i
.;W ,'s..l {'rr ?,{,?rFt?.r„e"e rf: h+?. ;IFS ts,*
ownership thereof and satisfactory indemnity and complying with such ?; 7 {-,yY?': •? k ] r
?"`` '• ?.??] ti4 ?z??, other reasonable regulation and conditions as the Issuer may pre-
?•. . , ,?}.u?:+???. scribe and paying such expenses as the issuer may incur. All 19778 "•.r
"f` n t 3^
?`f•' q? Bonds and coupons so surrendered shall be cancel•Zed by the City
Clerk of the Issues. If-any of the 197733 Bonds or coupons shall
'ci7 Y, have matured ar.be about to mature., instead of issuing a substitute ,
1977B Bond or coupon, the Issuer may pay the same, upon being indem-
nified as aforesaid, and if such 1977B Bond or coupon be lost,
stolen or destroyed, without surrender thereof.
+Y? ?
? Any such duplicate 19778 Bonds and coupons issued pursuant to
this section shall constitute original, additional contractual
1 Y
t
? .. obligations on the part of the Issuer whether or not the lost,. stolen or destroyed 1977B Bonds or coupons be at-any time found by t
F Hk ''" anyone, and such duplicate 1977B Bonds and'coupons shall be entitled
fi } to equal and proportionate benefits and rights as to lien on and
ti
source and security for payment from the funds, as hereinafter
pledged, to the same extent as all other 1977B Bonds and coupons
issued hereunder.
2W
SECTION 11. PROVISIONS FOR REDEMPTION. The 1977B Bonds shall
not be subject to redemption prior to their maturity.
SECTION 12. FORM OF BONDS AND COUPONS. The text of the 19778
Bonds, the interest coupons and the certificate of validation shall
be,in substantially the following form, with such omissions, inser-
tions and.variations as may be necessary and desirable and author
riled and permitted by this ordinance or by any subsequent ordinance
enacted prior to the issuance thereof:
ttt.??r(,'' 0 3 t''1 4dr. L, ;l 'S^ ''
ra ,YA {t ???s ??' I?rr'r '??7 v s?.1it 7, •s :vii'; .', •t.. ?'. ?,i
r
-15, X-1
r ? •'t :?;4f•'f;e.r i?'C rj?. ;•p... '.? a 2i- '' '' ., - 5 .. ' ' g,? r`' '•i ':41• i
%o, V
?Si ?r?y'r:' '`+ .S' '7,•. •r `? ?1. , ;,. t
??.,#, 3?`?IM;'t';?•'?i?=?,x?r?':F„i'?i:'1s,;'•;?;.s?A:?,?._'??•,;,•:`;.•.,"s'. ''1,.''°,.• .. •1 ,?: - .. '',' ,.?.
a[?z' :i' z.s',r"Cli'' .t ' fi`r'., , Y • ; i•.:'r.3 ,. ? d••
..r ..I ..r n.rrk..y..'.'.Irl .{ '.?..y r y •b ? r __-__..._^......... ?. -
e1
4d
a
E?
t.
5
No. $5,000
UNITED STATES OF AMERICA-
STATE OF FLORIDA
COUNTY OF PINELLAS
CITY OF CLEARWATER
SPECIAL OBLIGATION BOND, SERIES 1977B
KNOW ALL MEN BY THESE PRESENTS, that the City of Clearwater,
Florida (hereinafter called "City"), for value received, hereby
promises to pay the bearer hereof or, if this Bond be registered to
the registered holder, as herein provided, on the lst day of ,
from the special funds hereinafter mentioned the principal sum of
FIVE THOUSAND DOLLARS
with interest thereon at the rate of
per centum per annum ( %), payable on
annually thereafter on 1 and
. and semi-
I of each year,
upon the presentation and surrender of the annexed coupons as they
sever . ally fall due. Both principal of and interest on this Bond are
payable in lawful money of the United States of America at the
or at the
option of the holder, at
This Bond is one of an authorized issue of bonds in the aggre-
gate principal amount of $ of like date, tenor and effect,
except as to number, maturity and interest rate, issued to finance a
part of the cost of refunding the outstanding $2,275,000 Utilities
Tax Improvement Certificates, dated June 1, 1959; $625,000 Utilities
Tax Improvement Certificates, Series of 1960, dated December 1, 1960,
and $1,220,000 Utilities Tax Improvement Certificates, Series of
1962, dated December 1, 1962, pursuant to the authority of and in
full compliance with the Constitution and Statutes of the State of
Florida, including particularly Chapter 166, Part II, Florida
Statutes and other applicable provisions of law and an ordinance
duly enacted by the City on , 1977, as supplemented
(herei.nafter'collectively called "Ordinance"), and is subject to all
the terms and conditions of such ordinance.
This Bond-and the coupons appertaining thereto are payable
solely,'from and secured by a pledge of and a first lien upon certain
. tl
9/15/77
.
f.4 •?
.. '.i'?
y??/,?!'y ,•? ',?!}fie}t?. ., ?tl?";• •?,:
),?
,?113
_
!
:•
'
,
? , °"lX :tad'{ ,
?y.: 4.};?•'.:i!ti'. ,: {`^,. °J3}C. '??
,
,,
•
' A?
'
; r
,
>n. y3,'
Yti?
, . ; .
.
, . . !
],.1 yr
? •a
.,
1
:?-??:',:?;?a. ;, ;:?:4:?f-, f• ',fir- e-' - . .'
;
' .. ' . - .?'
4
?
, #
.?.
?„yt`,..,.
f ?. ? r
??•i..?.
?H} .!
'.,}r?? f
v"vi
.
':li., ,.i .. ?
x?" ?
Y
I
l.x.rrr.?a;?`:t':.r?f14•;'F':.`i!,':ki.:?a '
Y
,a
:Ltir.: is r'. ?'ia ?::r? w?j't? . _.• s.: ,4.:. . a .. ??f ???'??a?slsi;°r?7_ ?:f iytr Pi. ?•,L?fi: i??
r x y ' `h4K-fr .! r!c°•'T?i F r7 -u . s. „ , ?::.. .. .. S j5 ?.? - ..° t7' I3r ( ti + t-7•+ ?.z•
•• ,. ?J •" P."'x'fi;: •t :?1 ^.ifi •,' • S. t f r e? rL•I '
j.i 4?'? 1L' R't '??' ?'•r7?;? i{?+t,)'.`r? • , r.... ?. r?A'?c. '4'S' +£' ?},: ?.? 1,?[ u??'C4 °?? ) ?_,7 •?
?- yyl
! .r.sj., m.,??? .
j?,'••f.1 +.
?'1
<
?.t
t'•a7
?3
: rf,?' ,
y, ??• +
?
u :,}? ,?
?
.rr
h
"ti
,
, ,
?
',
: ,
[
,.°_
'
, .. s
.
, Y
• v y h ? e r r '' i
. •• (? .lid "l;i.`•?:+ •.?°?1:L ,.<<.5\:j+i.
escrow deposit income in the manner described in the ordinance and
the Escrow Deposit Agreement between the City of Clearwater and ; .
Ti} 1977. Refer- !
dated, ', ';;•:
y once is made to the Ordinance and the Escrow Deposit Agreement for
the provisions, among others, relating to the terms, lien and secu-
rity for the Bonds, the custody and application of the proceeds of the Bonds, the rights and remedies of the holders of the Bonds and .ysy •.;; ;?..';..
the rights, duties and obligations of the City.
[ i =
This Bond does not constitute a general indebtedness of the City
t{?F within the meaning of any constitutional or statutory provision or R?,''} ?
V 4• .r` t'
limitation, and it is expressly agreed by the holders of this Bond
and of the coupons appertaining thereto that such holders shall never
Ve;
have the right, directly or indirectly, to require or compel the
exercise of the ad valorem taxing power of the City for the payment r?
f1,
A r of,the principal of and interest on this Bond or the making of any s
sinking fund, reserve or other payments provided for in the Ordinance ?•?
L authorizing this issue of Bands.
It is further agreed between the City and the holder of this ,
y,t4?> •
?.7 Bond that this Bond and the obligation evidenced thereby shall not
constitute a lien upon the City or on any property of the City, but,
shall constitute a lien only on the escrow deposit income in the
,
manner' provided by the ordinance.
(I `? This Bond and the coupons appertaining thereto, are and have all
the qualities and incidents of a negotiable instrument under the law '
merchant and the laws of the State of Florida.
The City has entered into certain further covenants with the
holders or the Bonds of this issue for the terms of which reference
is made to the ordinance.
It is hereby certified and recited that all acts, conditions and
things required to exist, to-happen and to be performed precedent to
and in the issuance of this Bond, exist, have happened and have been .<
performed in.regular and due form and time as required by the Con-
,
stitution of the State of Florida and the laws and regulations of
b ' 9/_513.7.
1.70
i*,; 'r11 i ,,• C .s_yy '•"s.' SiFa•'«°-_ • t j : .•, • -
-7 ?114ev
??' f'."T°4,??• '?liJ -l' •.f•(" 1 1. is ' .{; • t'.: `? y'
.1. ]"^Y•Mi?:i;;: ?L?4?.?j[';'..?fF.?tTtEI???•?'V?,iL.=44 Y.. .?.'?, i;- ,. _'C??'L??:•'?.3?L?t-J4•?''?atfi.?c?-:'if2:{,?'?,"?.t";`,..,,' t5i ;'? :.+, . 'f.S,"•, r: • F, . ?'_ ? ?„
}v"' s.L '+k?,,ndS"ri??%'?? .y. .?t•:.: Rl:.i ... -.?':.,, 4:?`:? ?•` A' - '??k !1
fe 'A
such State and of the United States of America., applicable thereto
and that the issuance of this Bond and of the issue of Bonds- of
which this Bond is one,' does not violate any constitutional or
statutory limitation.
This Bond may be registered as to principal only or as to prin-
cipal and interest in accordance with the provisions endorsed hereon.
IN WITNESS WHEREOF, the City of Clearwater, Florida, has issued
this Bond and has caused the same to be signed by its Mayor--Commissioner .:s?'r,::.<<?? =? ?•° ''
and City Manager and attested by its City Clerk either manually or
with their facsimile signatures, 'and its corporate seal or a facsim-
ile thereof to be affixed, impressed, imprinted, lithographed or
reproduced hereon and has caused the interest coupons hereto attached
,r
7
to be executed with the facsimile signatures of such officers, all as
of the first day of , 1977.
CITY OF CLEARWATER, FLORIDA
(SEAL)
ATTEST;
City Clerk
Mayor--Commissioner
City Manager
Approved as to form, sufficiency
and correctness
C ty Attorney
FORM OF COUPONS
No.
on the first day of , 19_1 the City of Clear-
water, Florida promises to pay to bearer at the
*or, at the option of the
holder, at , from the special funds
described in the Bond to which this coupon is attached, the amount
shown hereon,'in lawful money of the United States of America, upon
presentation'and surrender of this coupon, being interest then due
f '17 0 4':
,?l!?S?9R•'psRLq.": 77.57?. li.%s ?rks-r - - , 'l-r -- - ?1:^?i,-, ' ?•a- • ^a'; -•.•: z. ?-e•nrf•???,•_1, t ..tiy,:-.nrrtr; ??-7Y? 1,
Tax
??h f?,;k[{???j: -°l,. ? 't• T. -'Y'•.t -.' ?Y t'..lLi Ft ? t. ? `11 ???
?I ? k t.` . s ' ?, S': "Yip. , ?• '? Y''' /}?
I
I
• 1 • • • .{ ?.t?.. 1 ? `J. ?., at*'• II
I
`?
1 1 ,r 9 1
`
F upon its- Special Obligati on Bond, Series 1977a, No. ,f? k
•
\
..
x
a
!
i
k .?k ?e.
CITY OF CLEARWATER, FLORIDA
t .i t
' r Mayor-Commissioner
(SEAL)
City Manager r`.
Y ATTEST :
City Cler k
nl
VALIDATION CERTIFICATE
• ;; •?, ..4?i:::<??? 4"
Iy
f
'i '
t
d
lid
i
f b
hi
h
d
d y'•5•r .?'? ^r t+.i}?? M'?} y'`GAS : • ,
This s one o
bond e
.an
a ser
es o
on
s w
c
were va
a
•«
•'
5ki
'f ?
q ?
confirmed
by judgment of
the Circuit Court for Pinellas County, r
ti
,
,• ,
,,''
~
r , F1 Florida, rendered on the day of 1977. R a.2y
Mayor-Commissioner
PROVISION FOR REGISTRATION
This bond may be registered in the name of the holder on the
books to be kept by the City Treasurer, as Registrar or such other
Registrar as may hereafter be duly appointed, as to principal only,
such registration being noted hereon by such Registrar in the regis-
tration blank below, after which no transfer shall be valid unless
made on said books by the•registered holder or attorney duly auth-
orized and similarly noted in the registration blank below, but it
may be discharged from registration by being transferred to bearer,
after which it shall be transferable by delivery, but it may be again
registered as before. The registration of this bond as to principal
shall, not restrain the negotiability of the coupons by delivery merely,
but the coupons may be surrendered with the interest made payable only
to the registered holder, in which event the Registrar shall note in
the registration blank below that this bond is registrable as to
interest as well as principal; and thereafter the interest will, be
remitted by mail to the registered holder. This bond, when converted
into a bond registered as to both principal and interest, may be
reconverted into a coupon bond and again converted into a bond regis-
tered as to both principal and interest, as hereinbefore provided.
Upon reconversion of,this bond, when registered as to principal and
Ekbi?:r•a v.?.uaj; , t , ',:., '. .?.o- 9/15/77 '.
UFA
LLrY: '}r qtr Y{ 7wltl 7-1
_ {???A?\N, •?'I:?i}f1?•' ?'.Y?••-??•.: ?, r?Z f?4. "?,.? ! . . ? ? :L M i •' Yti i'?:,
r' { i Wy,? ??, ?•? ??j??'a,?, ?,i`'.:" ., '?''}`?? ? is ' ? ? ? ? i '? ??S?if?F`f:.
4W]
E-]
40
.o
interest, into a coupon bond coupons representing the interest to
accrue upon the bond to date of maturity shall be attached hereto by
the Registrar, and the Registrar shall note in the registration blank
;;';°:,^,,;.?,?,?:;?•.
istered as to
al onl
below whether the bond is re
rinci
or
a
able
g
p
p
y
p
y Cr r '+ 4. „4 s r
r
to bearer. The City may make a reasonable charge for every such
w
.
.
.
-
1 , :
a-
?•
l:
?
,
•
•.:'
transfer sufficient to reimburse it for any expenses incurred by it; r
;
af
"'
provided, however, 'that no charge shall• be' made by the City for the :..; -,°•..- ?.: ???',;•-f ;gin .
first transfer of any bond from bearer to the registered owner'.
5
DATE OF IN WHOSE NAME MANNER OF SIGNATURE OF
REGISTRATION REGISTERED REGISTRATION REGISTRAR ?•
A
. L
?$ifs?,i(.lr. {.3, .: ..??r?xh iY' ^?4,?7,F?i` ?;??r}, r> •,?; r: , '. - .' E . .
Y :,L. krt! Itr??i tr??iE :."i7i5r',1..,? l.??/f: :?.'?-?i z': i'. ?'i'?r.• ,•S+ 1?t, ,t• 'F
'?Zr.??F!?k?'•?"t?7?r..????:4ik<?>??j?l.?..i7J1:':;.-•1'. k.r,i'''f•?.`[ .'c..'?,, .ar ,1'? Y'IN` •t ;?`^;'S ..?.. ;?. .? t_.
t'A.{• 1. !. 1
J .'J?• t ?<i?iTS,,. '1. ??'? •.Fti' '?',?' ?,i' ?r•ila"i, ' w
9`li.r• "?J J ?"i.L";.•: ?"#,' ?. •y`-c• .?s.,
a•4^r"?`.' 7`<:''t: ?, t:''+'?? 't `s••'3?"•.?'?': ?1'rs.?r5. ''?-,'?t'L ZL;'. E : p.S R,,.
.a,w'ld
? .??? {`?. ??:i}{ ;.r u'"t`•'-'•' ,,. ..t .?S„7;.+:f 1• 'Lr. ?lr:, `?•. [ .#, .??•r= ;.i; fl±J;f,?'c"
.t'?y? ? f'C?t •f•; i?.•` v V't". '? 1 ' "•)f .a} • `.1 :• • ..L , fii ^'{ • L'.r ?15L ? `? 11e5 .?:? J':.4.
"fv' 1. r ;o-rr 1. .f•}t kr'y ,i', %'Y. '?i'. -,'?-r"{.': r ;:.?•'; c ]p.
4C
YIN
)?r•,+•J .Z vi. _..'•1y? ,e1 f:?yr... ,t?,i. ':5 ..r. 1a, i•?, ,y,-ja?i??.d
n?Y?j' tr ?.,? .ADC .i?? f% r'•l".1r"???: :?r 1 ?L^ '.L> ti;c ,`!''' ... •S -'].?
? ?'S?`iJlfT*??'3?:?i"-?F?1C14=sY'.D':1•.F'y,L3el.A'h'1:{?'<.:t. :!.-i???r?y?5'??,tt '?t{?t?.r• - ,'i< • .. ..',1'.'` F., .,. 1„
,"?i•1 xl?i es.r.. .. •"'?r, t} t:•;;?:??`.?.:.nt ;+'';t i? r3;' - `,t t?, _{ ".?-?.: ' . ,r? ?
-<rX?Y,{.t'Ya'PfPly?TdS :. ?'ft. "'1`; 1•` ..., ?'""?. .. ....a - . . _ .--- _-.??..._...?? _ - _ ?r.J???? SOME&
a?i
it . ?.
' ?' r iFtlNh Yff 7t ?T - •' - "i; .-4.°. r • ,•.,?p ?•.. >? c.: ,E +?'•i s' V
•;` ri, s ,?r.?,+,c +' !`l'"^..Qr?t';G ..';X:.y, '..Ca;. '•tr t'•yi? "+..,ts •.a si 4.
YA?fik : di'a7,.w2:{»w .k:. .,. 'all .
?SECTION 13. BONDS NOT TO BE INDEBTEDNESS OF ISSUER. Neither the
4
1977H Bonds nor coupons shall be or constitute a general indebtedness
of the Issuer within the meaning of any constitutional or statutory
9 e.??,'r ].imitation of indebtedness, but shall be payable solely from the
Escrow Deposit Income as herein' provided. No holder or holders of
any 1977B Bondi or of any coupons appertaining thereto shall ever .
'??. .g?t have the right to compel, directly or indirectly, the exercise of the
Fr`+; ad valorem taxing power ?f the Issuer or taxation in any form of any
=, real property in the Issuer to pay such 1977B Bonds or the interest
sr ^.. ' , . t y; thereon or to enforce payment of such principal and interest from any
4
other funds of the Issuer except the Escrow Deposit Income.
' l 3
SECTION 14. SECURITY FOR 1977B BONDS. Payment of the principal
Z
of and interest on all of the 1977B Bonds shall be secured forthwith
equally and ratably by an irrevocable first lien on and pledge of the
.Escrow Deposit income in the manner provided herein. The Issuer does
hereby irrevocably pledge the Escrow Deposit Income to the payment of
the principal of and interest on the 1977E Bonds as the same become
due.
SECTION 15. COVENANTS OF THE ISSUER. So long as any of the
1977B Bonds or interest thereon shall be outstanding and unpaid or
until there shall have been set apart in the Income Account created
under the Escrow Deposit Agreement a sum sufficient to pay at'ma-
turity the entire principal of the 1977B Bonds remaining unpaid
together with all interest accrued or to accrue thereon or until
provision for payment of the 1977B Bonds sha1l have been made in
accordance with this ordinance, the Issuer covenants with the
holders of any and all of the 1977B Bonds as follows, that:
A. DEPOSITS OF ESCROW DEPOSIT INCOME. The Escrow Deposit
income shall be deposited in the Income Account (Utilities Tax)
created and established pursuant to the Escrow Deposit Agreement
(hereinafter called the "Income Account"). Such Income Account
shall be and constitute a trust fund for the purposes provided in
this ordinance, shall be kept separate and distinct from all other
funds of the Issuer and shall be used only for the purposes and in
-'the manner provided in this ordinance.
. ti•`• M•kri Sy1:37L a{` ItI
(•!is v:
f?!F'
:, ?•
}
•
?
?
?
Jj'
°!'?
?
k'r?
?'
f`•
?'
? . .
•
•
t
a
i.l'
J
t?
-
?
`
?t•
k
y
?r5
?Yj fr'` C s?''? rxf az ?:I:.::
'
•s'
d?
'?
4
' ..
y
:it
i
fi?
'.:• b
•?' 3{".""i
i
?fN,
a
! ?..,
9115/77
t Y'{t I 'v+.: Y "M I.? Y.: `TiPI. 1??{ ??'\f"-r..- ?lSM•i• ?. ??j' 'r'.!'y'
.tl. , t Lt .i' ' f Y?,
UN
14MV.
a .. A, .'_: -.?w_.i?4:1..__?: A.?u?'f ^t°.iK1?`?•?•ti.s4'.`-, e.
B. DISPOSITION OF ESCROW DEPOSIT INCOME. All Escrow Deposit J
Income at any time remaining on deposit in the Xncome Account shall
??
"
.
.?
be disposed of by the Escrow Holder on or prior to each interest
payment date only in the following manner and in the following order
of priority:
(l) There shall be paid to the paying agents a su'm equal
to-the amount of interest which will become due and payable,on the
1977B Bonds on the next interest payment date, and a• sum equal to the
amount ^f principal on the 1977E Bonds, if any, which will become due
and payable on such date. Such payme
nts in addition shall also A '^' i
,'
;
..
`?- .`?";`fA'`?.:,"f°„•`,' ;:
include all handling charges of the agents
paying to the extent that ;
:
?
?r•.;
such handling charges are described as "Expenses" in the Escrow i", tf y A." h
•.1,;;? ;4,,?? 4 { ~« •;
Deposit Agreement. 4 ¢4 l
(2) If, an any interest
payment date, the Escrow Deposit
?'•"` ?' `' }.
Income is insufficient to make the payments above
provided, the k '
.,
deficiencies shall be made up on subsequent payment dates in addition ?..
to the payments which would otherwise be required to be made from the •
?
.
Income Account on the subsequent payment dates.
(3) Thereafter, any moneys remaining on deposit in the
Income Account, after all required payments provided above have been
" j1 I
made in full, shall be used first for the payment of "Expenses" as
defined and in the manner
provided in the Escrow Deposit Agreement,
and shall thereafter be held in the Income Account until payment has
been made of all principal'of and interest on the 1977E Bonds and the r
•?'
`tiF•A
Refunded Bonds has been made, and then shall be paid to the issuer, a
commingled with other funds of the Issuer, and used for any lawful
purpose of the Issuer.
(4) Such special accounts and funds hereinabove
provided,
and all other funds created and established pursuant to this ordinance
shall constitute trust funds for the
purposes provided herein. All of
'
i
such accounts and funds shall be continuously secured in the same
manner as deposits of municipal funds are required to be secured by :r
4
the laws of the State of Florida; provided, however, that the obliga-
tions securing such accounts and funds shall be at all times equal in
market value to the amount of moneys in such accounts and funds.
Moneys on deposit in the Income Account shall be invested only
as provided in the Escrow Deposit Agreement.
C., REMEDIES. Any holder of 1977B Bonds or of any coupons
?rc?t;• ,(?. ` 1704 9/15/77 OF
ri" s?asd"'?Y? t'?7 ?:•-y ,r ?`? ?r5 r ? .?. ° •-._5 .. .4 1. ? 1? - .3-',f - - - - •1'<. '="r ___ .?; ??.._ •T?,?.rq? 17'??
W?J?}{''t'7y ?•;'i;?'1. ': 'd?` j.: ?S% :??I F.,. r..!•. '•?'• ? ? '. ... ? ? •??,.?_• 'r ?•' 1 •?;,e. S?•
:??F"`t?•t,(F..C'x?I,, ?.. •5 '"S.'.,`?ss P:`?y'?P'•.?••?•? 4' E ,, ?!, - ! l'` :1',?
,,: ?• . ?;';?s. t'_?:X,`"pi?sj :ir,.:?`1 R `'?,i :.•.• : s; e yes±?:: ;5 .. .S .5. 4,.' _ _
as a Sj..°. _,F..;?' : (•• .??s', ?y?? •`Fri. F.. ..?'..• ?;?t °dt .}??l,' .y';: '1? . ,. ? ? ? .? ' • ?
. i:..,?'t ?r, '4 5 -•.F ?. ' ':fi't', s'4,
a
,
s appertaining thereto, issued under the provisions of this ordinance
A'Y a I r } or any trustees acting for the holders of such •1977D Bonds may either
er Y at law or in equity, by suit, action, mandamus or other proceeding in
fil
II,
r, IS 7
any court of competent jurisdiction, protect and enforce any and all
rights, including the right to the appointment of a receiver, exist-
]
;?.r. ;-• ing under the laws of the State of Florida, of the United States of
yx' America or granted and contained in this ordinance and may enforce
.t ,
and compel, the performance of all duties required by this ordinance
or by any applicable statutes to be performed by the Issuer or by any
r officer thereof.
Nothing herein, however, shall be construed to grant to any
E holder of such 1977E Bonds any lien on any properties of the Issuer.
D. ISSUANCE OF'ADDITIONAL OBLIGATIONS PAYABLE FROM ESCROW
DEPOSIT INCOME. The Issuer will not issue any other obligations pay-
able from the Escrow Deposit income nor voluntarily create or cause
to be created ahy debt, lien,-pledge, assignment, encumbrance or
other charge upon the Escrow Deposit Income.
E. USE OF LEGALLY AVAILABLE FUNDS. Nothing herein.contained
shall preclude the Issuer from using, to the extent permitted by law,
any available funds, in addition to the Escrow Deposit Income, which
may come into its possession for the purpose of making any of the
payments provided for in this ordinance. Nothing in this subsection,
however, shall be construed or deemed to confer, directly or indi-
rectly, upon any holder of 1977B Bonds the right to compel the exer-
cise of the ad valorem taxing power of the Issuer or taxation in any
fora of any property in the Issuer.
,SECTION 16. APPLICATION OF BOND PROCEEDS. The proceeds, includ-
ing accrued interest and premium, if any, received from the sale of
any or all of the 1977E Bonds shall'be applied by the Issuer simul-
taneously with the delivery of such 1977B.Bonds to the purchaser
thereof.,.as follows:
A. The accrued interest shall be deposited in the Income
Account herein created and shall be used only for the purpose of
paying,interest becoming due on the 1977B Bonds.
B. To the extent not paid or reimbursed therefor by the orig-
`? , `FOG.-d 17.04
.lfL?`f._t?; 4r?y;??,??'? ??.'? ?f y? +f-JPt ? S?• '' ? e
v
-14- 7
W1S177
a
4
.'M
. )
M',
', S
(2)
inal purchaser of the 1977B Bonds, the Issuer shall pay all costs
and expenses in connection with the preparation, issuance and sale
of the 19778 Bonds.
C. The remainder of the proceeds, which shall be at least a
sum specified in the Escrow Deposit Agreement which (l) together
with the net proceeds of the sale of the 1977 Bonds and the other
funds described in the Escrow Deposit Agreement to be deposited in
escrow, will be sufficient to pay, as of any date of calculation,
the principal of, interest on, and redemption premiums, if any, in
respect to the Refunded Bonds as the same shall become due and payable
or are redeemed as provided in the 1977 ordinance, and which sum (2) to-
gether with the net proceeds of the sale of the 1977 Bonds and the
other funds described'in the Escrow Deposit Agreement to be deposited
in escrow, if any, and together with the Escrow. Deposit Income, will be
sufficient to make the payments described above and to nay the prin-
cipal of and interest on the 1977B Bonds as the same shall become
due, and the Expenses, if any, set forth in the Escrow Deposit Agree-
ment, shall be deposited,into the Principal Account and the Income
Account established ih the Escrow Deposit Agreement, in the respec-
tive amounts sufficient for such purposes, and shall be, held and
applied by the Escrow Holder pursuant to the Escrow 'Deposit Agree-
ment.
Such Accounts shall be kept separate and apart from all other
funds of the Issuer and the moneys on deposit therein shall be with--'
drawn, used and applied by the Escrow Holder solely for the purposes
set forth in the Escrow Deposit Agreement.
D. Simultaneously with the delivery of the 1977B Bonds to the
purchaser thereof, the Issuer shall enter into the Escrow Deposit .
Agreement in substantially the farm attached to the 1977 ordinance
as Exhibit A with a bank or trust company approved by the Issuer,
which shall provide for the deposit of sums into the Principal and
Income Accounts and for the investment of such moneys in appropriate
Federal Securities so as to produce sufficient funds to make all of
the payments described in subparagraphs (l) and (2) of Section 16C of
this ordinance. At the time of execution of the Escrow Deposit
`
mss.'
?t ?? Qf'!!l ?'?J Ji?:.'.4,?',,{,; ?1•f:?'` .. 1 . ..
..
:s - .i
9/L5177.
d
41,
s
W W11
i '
Agreement, the Issuer shall furnish to the Escrow Holder named
therein appropriate documentation to demonstrate that the sums being
deposited and the investments to be made will be suaficient- for such
purposes.
No use will be made of the proceeds of the 1977B Bonds which, if
reasonably expected on the date of issuance of the 1977E Bonds, would
cause the same to be "arbitrage bonds" within'the meaning of the
Internal Revenue Code of 1954. The Issuer at all times while the
1977B Bonds and interest thereon are outstanding will comply with the
requirements of Section 103(c) of the Internal Revenue Code of 1954
and any valid and applicable rules and regulations promulgated there-
under.
SECTION' 17. SALE OF 1977B BONDS. The 1977E Bonds shall be
issued and sold at one time and at such price or prices consistent
with the provisions of the Act and the requirements of this ordi-
nance as the Issuer shall hereafter determine by resolution. The
1977B Bonds shall be sold and delivered only if a sufficient prin-
cipal amount of the 1977 Bonds are sold and delivered at the same
time to effect the complete refunding program described in Section 3
of this ordinance and in the 1977 Ordinance.
SECTION 18. MODIFICATION OR AMENDMENT. No material modifica-
tion or amendment of this ordinance or of any ordinance or resolution
amendatory hereof or supplemental hereto, may be made without the
consent in writing of the holders of two-thirds or more in principal
amount of the 1977E Bonds then outstanding, provided, however, that
no modification or amendment shall permit a change in the maturity
of such 1977B Bonds or a reduction in the rate of interest thereon,
or in the amount of the principal obligation or affecting the uncon-
ditional promise of the Issuer to collect the Escrow Deposit Income
as herein provided, or to pay the principal, of and interest on the
1977B,Bonds as the same shall become due from the Escrow Deposit
Income or reduce such percentage of holders of such 1977E Bonds,
required above, for such modifications or amendments, without the
convent of all of the holders of such 1977E Bonds,
i '• SECTION 19. SEVERABILITY. If any one or more of the covenants,
Ted' - .'? i.?,'' S '" .. • '
{? r r572?yi 'ii•?,?y.'t?l1a .? ?',-`'I?.?'?' '?t; t?i•-•••+'e f
b ??w •h a-? b,?C.?^?,;'tl f,x K:.a?''=•??°".'?fy.,`..x?1G-y ?•? ?r? f ,
'?.. ??a7e.?tytt?n,?•?t7y;'y? ? 1??.?f• ';ti'', s?[•'?t ••?•:
:;?'j ..r???':wr.` ?i.,s'1 ? rte. , f't '? ?, `?.t • - ?, -
1 17
i
MP
i
11!•H ? ?•
4
d
a
O
r?
A -?a3-ze , 1.t.:djF).S;Tw' '.'c•`'` w.g. r..e:r•.'??Tr r. •.rYT•.n »r,"., w•t..+:sF•t•-,: ..,ice "- ----
?. ' ° . ^ r- .T ` ' 141. p' ` . a T.t. - qtr. -pyr*,+IN:.s:??lr?,;cr+Y %.t.-,see rs>:gt - ..s, r
.. 1 •' >, .. , > : - xt°,'.',*r- ?? - w ,k,....,r<?r^' 1 .rd k. y ... .
"I ',:., !. 'l.' ^,.?7}+Yc ",r. ..• iM;F,?1'..i:;' , l:.r...a ,.xl." ,
?'• i.?lr• '•?C ' *t?''•yS,r `!r t? ?9I:' :lr y - i+ S naYr`bSH'yf #'Y
a _ 3 Y C d L: +yr;i Y: T: X14 •"z ,•1 i' `i.i`-• {`,'i ;!„ }} !9' •5..? , .I., S.v,?..t G€x. .k, ' y.r. ,`%s:, ,.,,,:, s'"
i r3 ditr .` :`• 'P, t tfr.' fl. 'f! 't'•= y ,'f1Y,:,3 , $"..!.. ,.,7, n,.. '1 mow,",;'- F6 :'?1. 6
F r a Y,. jf 4 _,.,•,(? ''•-•:s' it ` ,r,:, ;?.`t `z, _ •t,,: , . •. st , : 7?: ! i •• 1 r
Y-;. bL'Sl Y • i..1`V,lr ?:?: eta r'. ..r :. 1 v'R '1 r- t . . . „s 5 -r..k'. ?'v? 1:-.t.1 ( Y: r,.t •„••-r !`:F..,; •?,` 4 ! t.,, r
Sr,4 r '4 li' {•j.- ''" V :,4:.r .f a , ,,,+,' :.i ."g'1 'f • x ''i:'r S• _ .' ,r:• - I ; 4;' .,Lv: t
}: 4?yrt!' ? W F ?5yr.rti. '.S :1, ,,,, :•,r, r- d' , •r .. •tY '? ?r>. "•1'F' s .?',
r }T 13 „ 7r c .ti 5j.? ?`: a J .. • r,.' r' X.? °w ,+ r ' i
ci' rr- 'r. S'9,.J,'- _?".;Z '.. t?(.?c? af. V;i,,,,';'ti'`. '.?, t ' : .?. : :._- .? ,'7?;, '= r A`' 1'.i'n ! J'':y ? r• ,Fri e'
' - i. =.#F, j t:, F ,? r' _ko1' i' en ' '•, 't' .•Irt F:...t •-?lr• f r7'.
;M l - : %, .,•!:',.F. ''}.`',!:{'i..'i,;;l f{;s' i?. ?.k•?t ii; '?.r. r,f ,. r, 4 f` 1_
t y . 1 k,i;,' . •{:.':>T f-: ', " i?. ..s,,,",SS '•,,.: 1,:>I,r`; . r : :,"'r-,,, ,fi14t t. vx'k r.s,..€.T;p.: "r, • s. F. kt WY i..?• / 1• r r
1r'' G h r . re is ls' i? i ; • :i {, + t :r.„ S'r {
5., :r+• } ;fJ•frYz,f•....° , •r+*tr. s<'? ,'?,:e.::•.. ti`:r1.w. -.x::,it'- t.;'4'.';{'` d ••'as? -' t $ `il
.??Nli,!,4, .` !grY:y,.. ?' •rt.• .-i ':r' ,,,,i,,,,. .,l .t, ;'?: ; :: 1J; v,-•• ?,-,...,x'r x, #"t}•;}.•+.' .` I .. Q: + 11 r , k] ' r,' n '`t e .,-??`t,• },'•.,;:;` , .-'f ??.k i:r. r•_..?y itY i f?i :_ ,} 11
3.' v; t}1J r-
11']!x €` is ..` 'r j,: ? i .t rye' 't - •rt ? d, tt. ,„r, ?y{;y r!,1• . g,,•,• •.Nr , e ,•{ ,
3
! tr °f r t,..t ! ? : r i r- i -, "`f } r V% y r i t ? 4' f "S : '.
`{l 6k.-,V,",;Y_i;l!y:;1;'?[ t ...et.i; s.: .,. 1y;'... Yf}`' .Cr+' Ir"I - "' S }'« '3' K'• _
'^': '•41: zlr a tier: ,i,.{: :'r, ii-i.',t• °7r;"'..1'??.:, 1, ,=+1'/'•...r4l tliRS? t :;?•-*'+'k .,,a: gJ`,S rte i.
J „ z•. F. k s: 4 (,t?." y r ;,,? Tl ..rk, , ':.',: ?' :,,? ,? , ?•FnLr ," _ *. ji .J
F'u,) Z0-Y•`: j.?, •''I: }•-I.• }ri,., ,, s ?, l.:, .? .r •\ r.t. f, •y'! <'s 1. .:i \ .?4 -'Tt:'.
t 'i _ l I .t fT !N,. . .. .-1, ','+'. ,`J,, ,?+,:.;j. '..J• ?; k ?'.:«,? .y5?•il: ,^??,4-, . (j 0 ?t> 1 ?
y .L a':.{iir.i't'` :! i.: r i': a," •, _ .. ,S i = ..1 t' d.. ,-..1Y F-f;..' ^r;`, .• ..L'!„'?t s r.•.. t t 'rS
':?•.'.,.r.,i ss,y ?Sl.;rP""i'. 1,a:;[[ kk 1 !/ • y''!Y >.' _ `i I;.-;-,-,, a'-.•,:. `. 5., `r'?T, .i..ry 1.. .n.. wr. tt•• "v,` S ;y, r p
t .t f ?%+`,, `Jl s. .L . t. ii•?.: '•, I^ it'•y, ''i ' F• 't 1S1i:..•'S.'F'4`"{'.. 4^ Fr y J'?,5 i?'t:`•'I.is 1 i .N. N .. r • } mot"y:
? S . r-V r + ;•, : . PY ; f K ' ? e'a,•i? -l';,rc,} P?'t _S.y**y.•• . :r .,• 1, sn ..ykk,rr :f''? , 3
r- Y
t, ' I j'K t , t F. ' "}`% : ^r,^'•1 .J.-A ?i, lJ`:•. }'.!` It . , . }t'`. i _r' !,',;-j .{g f:}]t',- .i - , 9hrC '?K.r .!".
4' r! .L .r' ) .',r'ft".l,fd• r',, if' .t.' f , -.e, 'si• \,,..i ' ,•':. r..'.•'!t;,ri,, .iT .•f ' :Y f
?'7 .!F'-vzy'?7''S" ,"c' ''r I. s l; >• -ew' F-S.•[,' } T :;...7'?r ids it '«- to i't 4 !• `,V ,f f. ?1} . G : -'7'r . ' -•5?'' ; ',-t ' }' , ' 'r-:?. ia`•.. -e t Jg .?:i ' .f +^.• >
'i
Kr #1' -.File . :'', ?': .4' '';y.9t tp, !n- y, • i. Iw ry
° ' i 1'1it ti . :1 ? -r f •'" Y•:"f: t r
k s ` 7 ` u.e. ',+;' ,r, ^"-r '3'; rY°a, t N>y;,, p ?b
r ire IF . -'-t,)', 14.11,1; ;`` z h r g :,,- s' fir f
r h Jrj •s , y ,y 't, .? 4.rl
S'`t". t 1 i :T. , • l .1':4Y;•. ., r+ .I?.., }. 1 y'J":.
L' t t ,T'Y ._i. 1 + Ja ' , a a : ,., ,r .,- ;,sriT r 'JA }., s?
f a. r Y :J fig k?•i '"'S ' {J rr,„J f! r , ' V , !
1 @' , O .,, "' S ''`'f, - !r ,i.', .. - ,1.,'r. -ads tr. ,r, i 't „let,
It k T p., YY (1j;'! .e ?. i 0.--'r 7.i, •:+ , '? S! r r, ,!ttir R. rC.'.kr^: .,:'t,:'...
.. 11? ,I..fF',•••
-t,? S S ?' '1'' ,II ''l.r''.•:,.[,'.
rx i}t ..>#; r''CSr .t•,;'-io-'?e ., 1 , ', - r! _ iF 1.
3 {J',, !, ,rI _w .is : `: is :;b1 . 'k ?.a, ' I. 1 .. . ,`r..',;:
'? ?,r kit ?jb 7i ? "" t!V ?l4 ,3. 1`v• >
I )I F:l ,T'y4 ,r'r.,; '?t± „ ; fil ?''f
s.Y.,•.•s1r ,ri?,ls: {h ' '' '3 ..;°?'<,;' } Jt,• - ''.,l 1 ' e
z .. •i' .• , s
?t ti,r ,
q 0 1
i '1 .e ?.- .. - '.?!5Jtrl' }r r '-.ft`s''?15+•,- I:'- i ',, . ' - 1
I F, 11 ri,f'1„aY?j?ifi,.?77a'4Y'F'.,?' ':, I,G . ,
,
?5cni y;, CnAI. ?.??,r,,. 'f 4,11 .ii, '
•1.a S.1 't'ry, .'t". 1 ,l-,, 1,;' •
R r o-N '.
a. t F tit T•!i: 'f•Fi}31'w. , , I .
1 s' .f(rl{ gt'.rb,•?•,:?'4
F' t tSFr ??+5-i ir!• f? s4 qV }IT,, 3tA yq i t'kt n ` ? `,f, 'E tr :lT" G:
, -, I '. ,,4'a> 3 :', J.' ..
;. r r i,(ti? ? = ?yi:, ''??...,'.r.;
rk ? { ' L' • r i p'i pn ,`'at E11g ;4 tf, .• y,,., t
'`rf r ,'y t.iy - 'l?;5 iI:.' ti 1' a@t,• i ,'? `
,r' :1'+i•;{.1 . . 11 ,Nc 7, :ri kftF: ''. !r: t' a j y; ' ,
3. +ut'... 3?,?rp;.i it Tarr e: }:`„t;: +'., .',}"1'ti; 1! • . . •1;'t ' -
f.1?y ,•:_. _'T+i'??'; rk, 'ir7` .'1:'f:;'. .
",',?I, ,_. ii'. r 1.x'.4.. " • '
11..5 ",5— A.,::?L"'I'4'7 +4'r ~rly?; 'i .}.: 1 L .. - - .'
1. 'it5• ..::},7-:; ss•1'; lk" ti .,'-: ha. yrti>:,''` i:., .I . ' ,
1. S `h`-'?±?? ,rr 'r `? ?.il'1i'?' } :)r,l''i ';;t,:qr., f, Yir,,• .\, - i • , - ' `
?' its •,t??,p4A'r,?.,,,, _ :`tl', !- ri _ ?}'
.??i t, ..fir. 1,'. Y, •i' t, l- 1f „ : '1`r 1
?', i'ftl fr, "L. "'k.'; i _J, i', r'. %, -1/ '1'- „5• ?,:ki,
., ; ?
,`r,`,,.,K ??}, -.^ii , x,'', C., I•$,'•h.• ,{I} } . `tlr 0", F" jA :1 ''f ' 1,:. ,. . ,. L - ,%
t'". d, ;,;. ",'ster` -,i n{` I '•?,f,%, dsi FI' ,F. •r e i r'1••• i
'.1-.'j'ra')i. '?, 7 .1A.11 .?Et--'t. J• ,' ti, , .1: • ',, .s ( .f .- .e,",
( d l': tier.. . .
,'? r 'i'+ l,r - i.+'(., ` 1! /' }.' - ?``, :,ern ',-t '',
) ,} ;err ;", I; r.4
;' :?
t''4.
1: :,'.
}: tit: :'ham x• ..,.y.r.. :i :''?+,:
••'ll r} a, a j..
Y. ?'
'-}•.•fJ :!' Y'rr-.+t' L• r t?iS.. :h.,,.. ",;,i,-, ?'n ,j';
.r F .:3" :'' ..l 't` • ! ?•-ik? • l .tiff '.- 1..
.r } .: r :1, '4.•4,4 k. ',I; ?',) ..I IIIf V;1_; 11
:1'.
'Y• rt" ,l
1 .}: '
'•„;' 4 C '- .<f-. 'J',_ t .i _ •r;., .? :a.e. 2.' ,S r,: 5 r .u
? 'S. s?? 's Vii: .,r,... 1.: : k•
', y •, }., -;a;";- :e-.' L' rr- 1 - ,1 t .,i'* la •o. S.'.t:t'•^i' rtr? 7, ••'/.r'')•i 1.• sr °,.s
•; 1}' : i' i' " r '!.. i`ii' :i(, M rs: { t ' • Y
'1s" i '? .fir ? `} 1 fl
.,Ja, 'Y. 1 '' .t , . i?.S))
',t,. rC '! ?''f?. 'Fn• ?} '., .. :.'I. f rY. -. ? 1: i'
4' tlJ "ft t-1 'A1' :'aF i?r, . .rh.r '. ''1 ,e,'•,'? }.',i• f .$'`rw•
•! . t, -'.r•, > } r . ? t ' . ,.reek"' ' !S't.t .3 2T `;t+!' 3',N.
G ": t° .! ' fire, y.+,.,`.. '.9 4. w p:,, , '
lf 3
t Y` ' ' ,, ? •ry;!,f -lRn r w 1 W
i F-S 'v, y i` v`:: . %'• '• i 4 :F[ ' ^ ire' t `..
f €117
:r ,- e+ 1F
,,, ':J ,. r.e 1. er t (- .' ` '`S' 1. .r s..' :"Y- . ` f Wit; Z:a .rY +e.G 'Y i l.r.• '
r ?'a ? ?r .i e' L•I '. r'% ?i 1r ?. 5' ' f F : .:1'r? ? ' •:i•i: ! "t;?., r. rt i
, "Fee '.- ?, . :'[ 'S1' !- _ 5:. ,•? n t •,tT_<. ,.. s. ?, Y`' : if..
t`.,i f r ' 'T .t't -•! , , '1K'• "
. `'.1' '1 .Sl1 I lei. .:Y r ?a•
ry.- : f r'1" y ' , `, r, . 1 ,.,. ,'f r: ? ' .fi r ?'r ! .!-,I; J?•^t...l. '>? ? ;
'' i6 7 i , ."f ' 1 f(' t-. t,t•' r
h`; r. . t!4` 'f' - r< ,. s c.•`:•' ,I,je ? . •d`•' l ?'? S•,a•€d
1' :r? i«" _ . Y • "; 'Y, 3.5•'a,.. 14x1 / fj•
•?' y( { S" "r =' 1, t•zM1tf •i K. 1
`G.':e" , fi . •d :.vk:r r , .• rs.z?'^:' S? :.5 ,',. ; 11, 'rile 1 i
( ,'m, c ? .r ?rr !•ti'., x:r.: r.. .,„I ..t, le ;Fr
:Y fi 1S i:. S r,Y Y
I, I M. 1 'F •. l.' i:! 1''' +k 1 r 'l••S di<..? _ r , dk
t''. 7- },• -'' a-a?• ueKI' 1 :/'F"•S '' e{ .t ''! .',• '1, r • ``tilt .!'
.•,. , ? '3 .il"3t t r
T• ,,, ? •v '
•h 11 ? f'? rife . .-4 ' f ° ?.t:? .!?' .-
«1' r`e , ' L t T• ,L , s °i
tt,\
a. , y?e '' ?.11z 4 ! ` •' "I u ? t ?? •.t• -'•'i rs. - . <4`:
.•i; .R „ ,.:,`j... ...rC -t'. i f' tl'• ' ?!'. 1 tu: t'-`"i'' r'yt t>< 5 ,: .t ?cli":"•••• :,
,' .r G. rr••' ](:F r"1,' ll's rA',• .'r', r•,. ..: •. x.. •v' ,t ,
'?{
1 x :5.' "i' 1 `•T`'?} S."'i•? ( -`Jf r-.v .,.W iL'Yi'.y- ,' y
''•'% 'ri?=' .t 'rt . '?}-'n: 3 •1 ..t 'r r. • ,fir, ?.$"-..: c. As
a li' 3 t' :° a ' r a-1 !s. ?,;f •;r? ? 1-1 i Y 'k t:l ,F. -1 1 j ''1 f'
?A? ,firi J • to ' 'r- 't +•''i .? ''i' •tr- *: r„ 't•r .1 i !. a , a' J x+1.4 :7+? 9 11 ?• •t / t.
•1(! - L'
-.t .r' sl1" _ . <' c.. / "' ,r:. } f H•'.JC
t; r: '• n 4,".."04 'a, `?' • "r F?- _ t . ( .fir^.r>; 4 r 6".
ii,' -IN I, ?'i.` .:t ,. 1 r F?:j'h+?- •, :: :ti --,:R!, s?:r fi((??,r p
S • t ':ry -? 1 '•r, i'.yy.r Ys' _'•4:, .
N 4 ,,r T 'i . 1 'r•' L••.• r 't I l`
'.. j t t', i. 'r''' i S.tf 1
' 3- :a ` i f 'f`?a? ... 'f,'? ;` • + t- ' ^ f .` •ri •- 1• • Ix j
C' '. r r rt p 'A t r Y'. ro
':f :, ::r ? :,t.. 5? 5• :•1', r'1 's' II I,. 's•,,. .7 ,?/.`r4' ,F; .s .r-.,
? iv' t' l , { '1 ''r.' ? . 7 y 5 v S y 3
•? ., 1•
:J f, a.
'.?' S. 1•' r:• •afi rY' a.' 'T, v!
'( : r . "C'- • 'L t>? sir' .Y
•? ^V' ! .c tf• a . -v - ?: `,? -.,1. it • • tl t•'' ?•Y?t1• is
•i <"o-' st. .`•'J r :S' ,lr? i :i <.• '#'
". i, tl'--' (" I r 4 r''• t 1- 1. = r 'r:. ?: d.••• rs i;'...•-i. • '{{?-
4, cr 3
'r ` 7r? Ira'
.I>.', 'i.. is .`,5. 'i .`•` ': ?.'• ^,i..°r•
I, 1' ''--t,. •t`l Sr '•k'.T`' `+, ' i 'r ?' ?t+• t rl •, .? t<i:
1, ;• ' t s , i (.. '.r ! r` r't ?' h ;k: p t. ,
"t r.1 J, •"} h , +', r .' 3,. ' r Y 1.Bice..'Y;y
_ , ,
2. + x-
^i'. :Y ' f ". ' .
F',,;P9:,,,' .i'%:;v..i.i f;,i (. ?+Iirlllfr ?- € 41?.'-e,'y M 7•.. i
It `'li .i .t,1',1%rf??1.'1 ,; ;' •-•rr r.,,,??.- err,...'.yr•',.r,.`r-+.-,f.,',?,, ^, ,?. 1€.1 'i:• !,'?E. ; z!•' r
t'-K'?,`i P','}'.:.F>', ".H -.?- .. :'r:; _t', d
,
, ': r'a= T L1r1 ?.. . ? V. .., ?•_t.f'.?r` j ?t,2 t. y:,3,)'` . `,
- ;.t•.', 1.
'T. tr' :'IC' . ' 4t`??j• 1••a.f 't:, :'.,.;? • .:t.fr 4.
` ' ?
:: ;•4, .°, 1, ..!, { : CLE2#RWATER SUN L:,t',4,.. •, ?.lr i _' .i;a: °i: { ; .;
' -'•?y, ??t?iq'? t..,.. r P.s .,..r. ,.'e ia;4 ??• '
,::-;, -.,?; i?,;f "••'p'` 1tl -
?,..:
1"-. i, z:i;'? Published Dail ' TROPO171`JL4"?? ?? q? .: r:-..,;: i
U10' jL `i. `'•i ;4'?'?-I? Clearwater. Pinellas Count Florida -*i .? * ??iJLA??+I? t 1 "f ' :,}* - I F-J ',i _.t,t .? ;; s; ?`' j' :•. :, ?, r r.E.. 5: F r r".' V.1.
': ri4sszatf1 = -,Ms ih r STATE or FLO1fZDx !' ??t'A 3;;-"?:r f,; s T-tip„
q {;! a, Gr,ri ;+.: yrz.f "?x COUTiTy or pfKELLASt ct: t !. V,..VROau7jjE ,! '' {?s,tE r.. ?-
;11• I 'll`r? j r.; r h' ' t r' r Y" i•,, y • z., !'.;'i,:: ...;r.a,', { :' .
rr,:;r?""'51?-?4j ., n %I I ',4( Before the undsrsi Aed authority ersonol1 a oared W. PPaul Harris. who on 'IbeCit bainiillf1e10114I?tbCl?l-Y. Cie tfiteilf?iU
ic'= c t ,. t?f, 4 p 7 DA (', r' ,-,",,;,?1L:`:,'Ks?:.S.
;? 1 F' 4tx .•jf4tl..:r. oath s that he Is the Business Manager of the Clearwater Sun. a daily newspaper tIl! CCR1tIl X013' RCOtlI; :Cit' t III, ,'j j,r?_; :q..;, rip
.
-"- 'f?'? el i Y M: r ,r •r r'
k{xr:: +. 4 .t r- .,- , , published at Clawwalsr in Pinellas County. Flaridas that the attached CoP7 of A eme,':C ' ?slNattC bl?ptl117g:':gt:0:?Q; ' •.. ,. ;it'd ,? % ..,, '
,??:, "t At• z, ' " f Notice of Prgposed Enactment of :'fi T3&Y" 1+" .'15.Im"f4'ron j 1f ',}-.." aE' r
1,3 t,• fP ...advertisement, bean ... _Notice . , .......... , fr;.".,. i,
.? > :t y, 4 a the ! i01 aI.Oldlitang8 N0.4 -tit,J` .,r?
j?,trs' Ordinance In the matter of Ioilawa; .; , ?Ir,t:tl[ttrbltli;F{,fad r. i;: h .1 ?':J ,s,' ., 4 ..... .. ......... .... .......................
1. K" 3 ...... '' ,•:' .,-
. , , ,. f ;. : %" % _ tY W" i,•` t. , ;!, y}: Y ,? :u ?'{.'_ ;.
?. AN
•?'• " q•" d1;'_
' r n ce No . 1704 "0 IN `AUZ ' s<. . :
?; t3?? Y (k I ......qrd '..? ........ ..................... ............... ....... ............... ORIMI ;'T ?FtEI?ITAF? ?" tY.
q? ''i r, ? OF 'may '' }?A¦nrrv.?fzt??Rpl• pK,?n.y:'OUTSTANDINGl -I° i, ." .' ".,. ' ;. . }
'.? F a'sI ....... .. ................................ ' ......................................... UE QI7{.[{fiil{OM Ofl• lHE [iii V-.Op"{i?R , % ' ? `'`? i
}'? FLORIDA; PROVIDING- FOR.'1'IIt; t88U
ANC1rA `R. 9' :1
" X111=6 .x . ] was ' '~=s'' ' i
,£ • 1
SS OF t
1. published in .EXCEEDINT I r ddS (K-;-SP ECIAC`8BIIIQA Ipw? h' .:, • ?t }cJ,' =.
13, ,,,, k ! p.. • 3i':. 4 . „'
Irl7lsi OFf'HE'.City ?O Air s:fir-,5':lT?? ,A.,.f-fJ .;t,;-,. .
?5 ft ' Bald newspaper in the issues 9f ...., 4°?p # 1b1; .??i..?r 71r .................. I t $EI .
r:?3r,; a 14 ' . ...TIM 'rO:: itFt•'(lND- T PRINCIPAL;" J :? ,!' ?: t' •;',t - 14 A. f s -.1 ......................... . ."..".1. , ..- , ....... ............. , ......... • ...... `AND' REDEMF`rION,. PREMIUMS IN '-,t-, ; : „? r ifs„ !
r `.1 -1 I a a` • max.: yI ! ? £ '.
SF)CH'rPRESF2M,Y• OtdTt9xl'ANDING 08LI0 g•, : ,
Fc;; ! Jtfllant further says that the sold Clearwater Sun Is a newspaper published at
' - •1 r $ROV3DIIdti FOR THE PAI7YIEN'r OF' F L -4. ` ' i-8t., Y
,lt i Clearwater. In sold Pinellas County. Florida, and that the said newspaper has r R ,, M :r ,?`1?'. f
haretafore been continuously published In said INnellas County, rlorida. each day and t" , ? ING-BONIJS FROM F9CIl,OW.rDEI'OI;1'Y''. ? T- .? L "1, '. .
,
r I 1- 0;
hoe been entered as second class mall matter at the post office in Clearwater, in said DEFINED H>: IN; AND MAX NG:CER?' !
b 1 ," •j Y.,
:$ flnellas County; Florida, for a period of one year next preceding first publication of NANTS AND AGREEMENTS ''AWC`O N qt. ? y . it.
?c the attached copy of advertisement; and afflant furthers at a has Other paid i1 "I'IIENIaWITH;- PItOVIDINLi -MR,.Fft 'ER', ? wy4t?' ,',- ?
nor promised any person, firm or corporation any discount, te, ommisslnor refund OF;pR(} $Ep'} 1j?; ' ','' ' 'r',:; !tl `a; l; i
for the of securing this advertisement for publl do the s new of. k •' " •' " ,k,?" i` `
purpose !:' . 'Ccpled of 1hE' plOplliQd W dilty[yCl!itlsy CE ks i psi'
Illlbk at'ft Q 't?aXuar'Atiosttdy,'t G, ?Ys '?:'
City Hell,+ 11", B: (I«:eol?„A ;CIt r+?t ., , . r T ; f '
to f1Nd time slid t11?es1•; :''r- tt3:.t';..,: _; `s ' .
Srf r i to and iulrsCrlbed rbefaro m. 111M pxcil6tlfl ,?l.Ittglt? tlffl, , ".. .
belN hOW- Hth' 10:!!>f i
'thti r ? 1..'. , day of .r .,S t 1?7?, A.D. 3!1..77 14DTATY ITT11' ':1. T' f 1 r: ;:::?:.:: ! I.:.;' _ '' ;tilt,',%: ''i :'; r???.1 w3 sb?ty,Ql. fem. _ t f'.{
$=' !dY L0l;'}:: _...I ..5 G:.'.Y iJ. 1: I ''?`, '? t'' } r.ir. aRr:' ,{ • T' p i s
eouaLo t.,. i i ,1... Ca _l:GfClt>Jt5 , i
(15tALj,,-- otary public ; =
:f, ,Cs.r3T6911,,?'tlt!
:i: t. 7 .1,4?' ';. s' r`•"' %,'„t .Ii ,-, :3.t '` =•'4' its .. T; i:}, r,Ji r,.''a` =`: •}r,r; rl t ' .•.?cq.4
,.t, ' t- -t- Vi1? ?.
li?t4~i,?Snafl - -- ----- . . .- .. •'i3 n•-. - -e
! i
M
sa?r
agreements or provisions of this ordinance should be held contrary
to any express provision of law or contrary to the policy of express
law, though not expressly prohibited, or against public policy, or
shall for any reason whatsoever be held invalid, then such covenants,
agreements or provisions shall be null and void and shall be deemed
separate from the remaining covenants, agreements or provisions of
this ordinance or of the 1977E Bonds or coupons issued thereunder.
SECTION 20. VALIDATION AUTHORIZED. The City Attorney for the
Issuer be and he is hereby authorized and directed to institute
appropriate proceedings in the Circuit Court of the Sixth Judicial
Circuit of Florida, in and for Pinellas County, Florida, for the vali-
dation of such 1977B Bonds, and the proper officers of the Issuer are
hereby authorized to verify on behalf of the Issuer any pleadings in
such proceedings.
SECTION 21. REPEAL OF INCONSISTENT ORDINANCES. All ordinances
or parts of ordinances in conflict herewith are hereby repealed.
SECTION 22. EFFECTIVE DATE. The provisions of the ordinance
shall take effect immediately upon its enactment.
SECTION 23. Notice of the proposed enactment of this ordinance has
been properly. advertised in a newspaper of general circulation in accordance
with Chapter 166. 041, Florida Statutes.
PASSED ON FIRST READING September 1, 1977
PASSED ON SECOND AND FINAL
READING AND ADOPTED September 15, 1977
AS AMENDED
Mayor- Commissi er
'.j
ai
•.. k.,.
r
j: "
xri;r170,4 }.;_ car t 9I1577 ?..f .1
t' •? _??? ,fiFj`;r7•, .4y??.;r':"1F.*jr.=;-sy4; ?.-i`r"?»'#?`.%,4' -t-;' ;? ';, a"•'rR. ;rns?r:>'=?•sr?:t-'j.Y;?{;?:.?;rn,.,
Yea A4??.?'•7Y;;,•'4?pt??sa.E`q;t%F?::'?.if }t:?: ::4?i?? ;.n•?r,::??.#°r :,? '€' .€- .F. ,.s: `.:' •.-r.:.°= .::;, ?r 1?. . 3,s:*.
' L3i!fi"?• .? tic ??--s•.?.. .a »r:. ?• aq.•?1??__JJ ;p:?3?•, - '<'• j;?`` ,'i°;. x',s°+" ?t?i:ly,.r
??- 1ti :sli.?il??' .ti.S 1-?• ?} ,r•JIi .?.F S.? ?k: '?R [:1 F'? "'! . ?4a ?:': t?f?.i'I... •1.?
;t +' k;, ? P+' ??,?"s €r,t{4;.,4?. ??y,?y+?'. ?'?• ??,'i{1?1`,??` :i::°i .'l`° ',['t?; ,_ti ??.? -•,',.:f1'*,,:?5
?i ? 4 t ?rf}js 7 •[, 21s :'A1', S. .,Y, y, 2: =r -c ? ..`?, 'i'• i ? .?
?.?[iy/4ry)Yx?;1,;?C.`; .IS ..F'Nti ,y.1, ?.?.rr r.'t?!.. 4. .,?r??,i}.: ik. .?: ?,. :i'` r : isv, €?• i ;??:':e?,?
I}S9'?? .':?= 1?,1° ?1: it' ?;. .t :?-}?? _, t?t :5 _ :1. F. ?f. .. `I?l• - J , ?+_
•tf??i?
•'rt'? }Y ,tic' tr'.SP .? ?ic'•€:It t' ;r. s? ' -I' ,h ?.
,..ir?? .f%iSt, N+tix,•..•1}i?•'r++.`it•v? ? ..t yr.. ? . a'•r. ? ,
fir:
T`
n ,
CLEA)RWATER SUN
Published Daily
Clearwater. Pinellas County, Florida
S TATZ OF FLORIDA
C0trNtY OF PINELLASi
Before the undersigned authority personally appear*d W. Paul Harris. who on R??ry*
oath says that be is the Busluses Manager of the Clearwater Sun, a daily newspaper
published at Clearwater in Pinellas County. Floridan that the attached copy of
adv*rtisemsnf, befng a , NOVICE OF.. PASSAGE OF ORD;FIANCE,, , ,
............. . ..... . . in the matter of
11 ORDNANCE NO. 1704 ''?
1XOYI
XK:AW ......... . ....... r?as published In epeliib?''2?? •147
said newspaper In the Issues of
..................................................... ......
........................?
Affiant further says that the said Cleorwater Sun is a newspaper published at.y
Clearwater, in said Pinellas County, Florida, and that the said newspaper base
herstofore been continuously published In-said Pin*lla¦ County. Florida, each day and
has been entered as second class ma!l matter at the post office In Clearwater, In said;NA=fi
Pinellas County. Florida, tar a period of one year next preceding the first publication of''f
the attached copy of adverilsementl and offlant further says th a has neither paid
not promised any person, firm at corporation any disco t, mmtzsio or refund
for the purpose of securing this advertisement for p at n the ewspaper` PADt
JAS' R"'w
r
Sworn to arid subscribed before me Attn>i '
20th September 77 a/:R?.'?t.3
this day: et ......... X.D. llf.
'-(2ZAL) f tart' PUb1fC ...
..,.. Tl!"ll.`.,'i r' ,. 1 ?'"z
wori
CS-,309,. rc,o.a y
x '1
? tit. S;x + • N 1
}t. ?`fr14?C -
.`1 Fk a a?fr So-4 ?la 5`. (?a 4, L°? Y
0, t
YY`'
i ?t.. ,.
u 1 ?:? ti• ' i
'f""'?.?•t??yp I!'r
= t .'?. .;;tt •iN?-. 1;3, 's.'-• .,-.•?s.e-«-t::r -'?.?•?v. ru.r;. +'' - -Ji,•:"l,'1J
'
,L -r. Y i.4`.'.x r!'?f'' It, 1 tt,?..; „ c'?,¢?.T. f ? 3?'. 3.. r'.. :i.r '?'• ''t!. w. +° 'e'.?
4'. "? :?°L? ,,•`L(L •.T '„,/??'= ?` `'a :?.•'-?'F,;. ?r•. ,l..t?.i 'i' '. t' t.r•..: ,;:}. ?, ',t.•,?? G: x.
1 ? f' 1,'f ?iS.l,y' ?'?:'.`: ,f Sir :,x?? •'F,. + ;.[i; 1 •f ?a?. - `'iti•',n 1.' a `:g:;=''*1?; f
a 3 .r.wl')?•.Jy?t?;?,'*c`. •`Y`':t`l`?'?-Y S" , - ?!' . , " - -'??.:r".s?:,?. :3 ,:°;.C i
4S[? ?pp?.'5 ?t ` ??4j7 ?I ?S4?,ff i t?,}}. `;:. .. ,:.?;. ? i' ' Y ? ?j • ;.?•. t i..:..^ ?: !l - ......4ef;?R.
"44. 4