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A RESOLUTION AUTHORIZING THE PlErk2
PAVILION INC. a'FLORIDA CORPORA ' '.'I. Y
TION TO OBTAIN A LOAN IN THE A240MIT
OF $18,000.00 AND TO PUDGE AS SECUR-
ITY THEREFOR THAT CERTAIN LEASE FROM
f t. r:
C "" Q' C l TF
THE
Z
WFt>;REA3O The Ci oiZ earwater, on the 31st day of
Decerrber, 1953, as Lessors leased unto AMOS Q. SMITH and WILLIAM 0.
COON, as Lesseesq the following described property situated in the
City of Clearwater, Pinellas County, Florida, to wit; t
Lots Three (3) and Four (4) of CITY PARK SUBDIVISIONS
according to the leap or Plat thereof as recorded in
Plat Book 23, Page 37 of the Public Records of
'?. .'S',,i• .. '}.+.w,.-`,i ... Y..,: r; `Lfi'y L' T .,ir?. 4
Pinellas County, Flor da. .' ~; ::1:•.-i' .'.r r,
g'v
AND 14HEREAS, said lease was for a period of TWMiTY-FIVE
..; :, r?,:t.
\ I•. ?x,:?? r. :' . • and ending December 31s
(25) years, commencing January lst, 1954, t?
y.r?is'rV:`z:. ,.t`"? •}`J " _ 17(81 ands ;;','+•'••?S•w?'rr'°tl"' §
I*MMAS? said lease, with the knowledge and the con-
:F.;;?i#'.` _?'.:.'° '"'!, -•` `'-:+?`,'3t
?,:..•,i;• ,? ,,-,.???->',?s.,-. ''t-•?' ;?:j.i sent of the City of Clearwater, has been assigned by the aforementioned
r kv
;;}.'t'''F:. Ff.o Pier Pavilion, Inc a Florida coPoration, who is now ,.; , e (P
Lessees t
.' .,
_i .?" ;:,' ;.;,?;,: ';. '• the holder and owner thereof, ands
°°'' ` `' ?`"' "? ~' _" EA8 it is the desire of Pier Pavilion Inc. `
?43`•.i R.'t: f a`,=11,+, .:f ?'l?St ?:,?t'7:.i:v?• .• ' / - ?? r ? ' + a •1,':-, S'.F° {+:'+*'J;hNr?'.?'x `W
s f L ?"IS'r :" •: i? ,',''_'Lr ?':; , ; •, ''...: :. ? s ..: *?-.?' . '? u=??+r'•+?' : `t?'t?y "'" L+y? 'F
ravemen
?,.';{'+..,? ;° ,?':•1??; ' to make certain capital imp is to the
Florida corporation, "" ;'
?iP:r?^*:. 3?7. t1i ..j k?•'f?S .??; 3.,.„ ?;,''.?.,;.ri:... ..w ?i•:.??Iy?4 rti
? rr'r demised remises all of which will improve said demised premises and t• f,'? ?,,,??,?r,??? ,
Fri isJ:ir?is'.t .•,s i :.•";?:: .; _ ? „ r .. • .
Will be for the best interest of all parties concerned and the City
S` .ft: ?;r µ:,;??.. .,.fir -, ,?.' .`•$=:.• •?,n,.,xt•, ?i r.?. ?' •\ ?
,5 ;'_.'• ' .F;;:a' n`?>„ ;t_, :-y:. ,': t;
%?lt'rt•:(a. ,?..:,;:??r?? ;?' of Clearwater being agreeable for the making of said improvements
o .r' ..?;? .le?•?R,}<r, !{?,
^?';Ir'f=y l'ifi?'3 °'?i` f??e .t?ti ?,F'?`,t ,} - -I:.. ?a•'',r?L?^???'a.' n.
• ?, ?: ,•. which i Ine f a eor era ?' ; °?;?• ,,, : +,.A, ,
?; a.?•;:? `'' 1'F'`;° :Ii will necessitate Pier Pavilion
"^r.--t+ 1 i+.`?t;. 'E, ;s.?r .,-1 .r ••lS:`?Z:i"`t,e'fCr+;?`". ?1:?'?': ?.?. t
?K^?'' *?:;:?r!t' holder of said leaset obtaining a loan in the amount of18,000 OOH y (,t
tu, ?.:• _, I ?.?
r- 4,.;ih. .c,:llti af!•.. ?i;+ t,r: riF z' 2- iC^;x
,
d the City of Clearwater giving i,vin6 its consent thereto
an
r} ,, NOW 1 +'REFOREj BE IT RESOLVED BY THE CITY COMMISSION , " ,,'i, i:'F i• , `?', ?'
?? .r awl yJi :3:15 , ,? . i.:.'..<'q'r? ';iaf Y,.'•;.t "r?l?`.r '
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S ?J.S3- y'. 'C11 _ 'f ': [' C.P11•.,..' Li .. ?w
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t ?-' f Cf?!
?•t "t? ?•li
r; •?'??? 4 ?:???'-'`'? OF THE CITY OF CLEARWATER, ni SPECIAL MEETING ASSEMBLED:
•-s r frV,'1r5 „r+? .3.,?
N f,4 . F'3 1+i-?71:W
' ? r 3 •r\r 1 , f,,%.\ t ?:
(1) That Pier Pavilion Inc., a Florida corporation, -? ,?-?f+.'.??•i:.,C• .? ,,.
is hereby authorized and given permission to execute a mortgage in ^ri?. ??.?•,'s•
t of $8 000.00 pledging as security therefor that certain
?
the amour?.
' Indenture of Lease Which Pier Pavilion, Inc., a Florida corporations
itY of .Clearwater, coverings
holds from the.C
now
Lots Three (3) and Four (4) of CITY PARK ;
SUBDIVISION according to the Map or Plat thereof ,
as recorded in Plat Book 23 Page 37 of the,
Public Records of Pinellas 6ounty,Florida. t+
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Said lease dated December Ist 1953 and for a period of twenty-five qy ,??
s rr': VIN..i^Y e1• ?I .? ,? ? ? '? ?'` F'Sa*
(25) Years • >:?>`
(2) That Fier PavilionInc. a Florida corporation,
be authorized in obtaining said mortgage loan, to sign all necessary
papers.in order to secure the said mortgage loan in the amount of
$18,000.00, said loan to be secured from some individua "
' L ?;,'•,.: P:; (rl l or some _,.f:::.?y{.'?"I?ii h?
Savings and Lean or Bank Institution in this vicinity, in the amount
of X18 ooo.oo.
1?;,:s,}?•_,r•;_',;:? (3) The City of Clearwater hereby consents to the
execution of said mortgage in the amount of $18$000 `?
.00, and agrees
that the same be placed on said leasdhol4, end said mortgage being
I??yt?3 t, :; stkr:?;;•;a;.•.>;?r re a e over
! •L:?s,,^??,4f ?-^r,=?-,:>raf,.a :'.;? P YatYa r a period of time.
After discussion thereon Commissioner- Insco
? y'l?k;?+?^rr5? .ysiif: 4'tZ yry. •'>` t% ` ?=x4
moved said Resolution be
?<<°`,???„?, -?;?•, ,,? approved as read and Commissioner Weatherly
seconded the motion. Upon roll call the following vote
was polled=
Ayes: Insco
Weatherly
Smith
ia!w kf: Watkins
Nayss None
THEREUPON, the Mayor-Commissioner declared the motion
passed and the Resolution duly adopted.
PASSED AND ADOPTED, this 28th day of December,
1960.
A
Attest:,
ty, er
!sS5e9F•4tTtlrM.Mlt)?'r':t!'it?Y3ls t. '.uw7.?f:'Ir. - >-?:
a ss oner
2 - 12-28.60
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