06/22/1936Nf.CNUTES OF Tr'IE CITX COMMISSION
June 22, 1936
Tho City Co�nnission oi the City of Gle�rwater, F'1.orida met on ths
above date in an ad journefl regu7a r meeting with the follovring memberq preaent:
R. E. Creen, Mayor-Co�n.i.ssioner D. Q. Ba•f:cheZor
L. A. Marsh J'. A. Barry
R. L. Bakex
Commissioner Marsh introduced arul x�ead in full the falla�ving Resolution;
"RESOLIITION HUTHORIZING SALE OF fiADIQ STATION
WFT�A AND APPROVAL OF C�NTRACT 0� SALE THEREFOR�'
WFIEREAS, the Citp Counnissicners of the City of C1r�arwater, F`lorida, have
agreed to sell to the Florida West Coast Broadcasting Campany, Inc., a one�haZf
undivided interest in ancz to Radio S�ation W�LA, together r�ith other progsrty
� and rights i.ncidental �her�to; ancl -
WHEF�EAS, a contract for such sale ha.s been duly grepared and is submitted herea�itih.
NOW T_HEREk'ORE' BE TT RESOLSIED BY TAE CITY COI!�P.�.ISSION AF T$E CITY OF
C ARl A R, F.L RI �A in mee in as s em e;
lst; That tlie sale of the undivided one-hal� interest of �e Ca,ty o� Clearwater
in and to Radio Sta�tion WFLA., together with other prop�rty an� rights ,inciaenta�.
thereto, to the Florida: Wes� Coast Broadcas4inu Co�anv, Zlic., be, t3nd the satm
is hereby authorized and approvede
2nd; That the follov�in� contract Por the sa7.$ of the undi.viclsd ona-half
interest oi tho City of Clearwater in and to Radio Station Vl'F'LA, together �th
other property an@ rights ineidental thereto,
CQVTRACT OF SAEE �
TFiLS COIQTBACT� Made and entered inta this the 23rd da,y o f June,
A. D. �.936, by and bet�veen the CITY OF CLEARWATER, a�iunicipal Gorporation,
organized and existin� under the ?.aws of the Stats of Florid�, hereinafter
calIlecl the Se11er, and tha FLORIDA iNEST GOA�T BRaA I?GASTING COhSPANY INC. a
Florida Co:rpora�iont with principal place oL business ir� Clear�rater, Florida,
hereinafter �a�.iea tbe Buyer:
YVITNESSET?i; That for and in consideration of t;ze mutual �ror�ises an� agr�e-
ments herein ��xltained, as well ae the trans�er and deliverv by Buger to Seller
of lawful, past du6 interest coupons of sa3d City of the face value of
$�27,000.00 as an earnast paymsnt, the x�ceipt whareof is hereb,p acl�o�vledged,
the Seller agrees to sell and the Buyer a�rees to buy all the rig�.t, title,
' and intsres� of the Seller in and to 1:}ie following described personal propert�,
located in Pinel].as ��d. Hillsborough Countiea, to»w3.t ;
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FL7RNITURE •
2 Oak D�sks
(1 typewriter, 1 ofi'ice with drnzble dralvera )
1 Wood T,etter Boa�,
2 V'Vic:ier Sets, i.ncludin� Divans, Rockere,Table,Chairs, etc.,
2 't'%ugs, 8 x I0,
1 Carpet, on Studio i''loor
1 rrigidaire Water Cooler.
1 Weste,rn: Electric � �v type 105-G b4od3fied �'rr�ns-
mitter Cocl D 77961}, consistin� of the fallowin�
panels and inaidental equipment:
1 Tunin� Unit Panel D 779`j0 ( h2�dified)
1 Pofver Amplifier D 7700 ( Modi�`ied)
1 Rectifier Panel ➢ 7902�. ( Modified to use u� rcury
vapor tubas )
1 Osa-'tifod Panel D 79180 ( Modified )
l DC Panel for Povrer D 79008 ( Modified )
i ac Po�er �?goo7 ( r�oaif�.aa }
1 Xto.1 Control Pane1 D 9G68�.
1 Power Transfonuer
1 Power Choke
1 Banti ci Filter Condensors •
3 Horn Caps, mounted
1 Induction Regulator
1 Set of Tubes neeessar� to Ope�ate above Trans mitter IInit
Above units compose the transmitter unit, inclosed with wire cage
locked excepting Crgstal control panel and Induction regulator.
1- Combina�t3on ri�*� antenna with Feeder and phasing circu9.ts to
feed and phase direotional antenna.
2- Trans•mission 13nes from building t'o towers,coir�lste with polesp
cross arms, insulators, wires and terminatin� e quipmon� at
to�ers.
2- 200 ft. Vertical radiators, purchased �om International Staceg
corp. 2/5/3z•
1- Set of potver equipment for W. E. transmitter as follows
(perishable) :
1- K3 5060 Crid F,xci�her NI. G. Set
1- xs 52i3 Plate NIG set f or 1500 volts
1-' Zi� filement MC for 22 volts
1- KS water pump se� #5831.�.•
1 - Water Cooling Sei:
2 - Cooling radiators.
1- Small expansion tank
1- Blower fan
�- Bot�.les for water containers (perisha.blej
1- Set of Storage batteries (perishable)
1- Switching Panel KS 2805 inatalled in battery room
1- Rectifier for battery� ch�.rging (perishable)�
' 1- Set of spere tulaes for rectifier.
1- Speech Input Sg��em installed on 3].9" wide iron racl�s.
1- Line amplifier.
1- Monitorix� amplif3.er.
1- �ixing Panelo
1- Meter panele
1- VoZume Indicator.
1- Jack strip panel.. 1 Set of patch cordse
1- Inter xo�uae Co�xumuiication Panelo
1- Miscel equipmsnt pana.'�. Loud speaker, 1 szt headphones.
1- VirE 600�.-C Receiving Se� equipmentr
1- Receiver
1- suning unit. .
1- ilter unite
1- Set of spare tubes all sizes, shapes, and yinds for transrriitters
amplifiers, receivi.n� sets, etC., aZl periahhfzzl�le e.pparatus,
Z - E1.ectric Clocls
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3- Set of m3.ecl tools, various k3.nds, pliers, scre�r drivers, wrenches., etc.
1 - Set of �,ab�ratory Equ3.pment : •
l- Set of Incidenta'! Tiabes.
1-l�-R Decade Bas T�pe 102-1i
l-G-It Monitoring Nodulation Meter.
1-�-I� Freq Visual Indicator
Pieso Elec Osc T�p e 575 D� 82
Visual Indicator " 581-� # 30
l-G-R Zow Freq Oac Typ e 3`j`j B�281
1-J&AT 36 Output Transformsr.
1-G-R Qcilog�aph
1-RCA Fie1d Intengity Meter.
1-pirectional Ant m.easuring calubrated instrument with Meter.
1- Set of Mi.scl replacement parta, no code or ;:a1ue, including eandensers,
t;ransformers, ampl�.fier parts, transmitter parts, etc,
all the foregcing novt located at or tm the studio site at Bayview,
WFLA INVEN�'ORY.
5�udios. Control Room. Auditorium
With supp�.iea,
1- Coruplete input system mounted an. tYsee racks, includin� :
(a) Volume Indicator
(b) IvIonitoring Amp�.ifier
(c) Line Amplifiex • .
( d ) Strips of J'aeks
{o) IJtetior Panel
(f) J & A Mix�n� Yanel
(�) Interphona Coumiunication Syster.�
(h) Carbon Y�,icrophones.
(i) Condenser Microphones
( j ) TJticrophone Stands
{k) Dynamic monitoring Loud Speaker and Amp'lifier
(1) Plate RectiPier,
(m) Cone Ioud speakers.
{n) Head phones,
(o) Fatch Gards
(p) Relays
(q) 'I'tibes for a.nipliiiers
(r) Signal lamps
(s) Storage batteries (perishable}
{t) Batter bos
{u) Quantity of wire,
Incidentals ;
1 ribbon type mi.crophone with amp
1 VJ.E. Cond Microplzone
2 RCA cond Microphones
1 P].ate rectiflier for n�icrophonss
1 G-R Niixing panei
2 HCA turntables,
1 quantitg of replacement parts,
l quantity of replacement tubes.
1 Memo amplii'ier with battes�ies .
1 Quantity of Nemo parte, lines, etc.
WFLA INVENTORY
ANNOUNCERiS OFFSCE :
1 chai� fc�r deak tvith srms 1, ty�pewriter des�
1 straight chaix I typ�wr�ter
1 file box (wooden) 2 steel fi les
1 rug (small, no val.ue) 1 electr3c clock
1 gas radiator (open reflector tyne) 1 electr3c fan
1 set of props for sound effects 1 bookcase svith books.
SOUIdD STCfDIO ;
1 sms.11 fold.3.ng ladder l wicker divan
2 chairs (miecl) l set of eZectrical transcriptions
t record library 1 electric clock
i electr:ic fan 1 Longines clock
1 set of chiznes (dinner) l fount�:in pen with chain
1 annouii��r�s rack for cop� l steel file catiine�c
1 fire extinguisher 1 se� o�' miscl tools
1 mieropla.one heat3ng chamber (woo�:) 1 se� of pia��ure i'rames
3. bulletin board 1. laddes� about 12 ft.h3.�
1 sst of bui7.t in record r�cksa
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OFFIGES:
1 desk 2 3r�fes vrith combination.e
]. electric fan 1 t�+pewriter
1 spring �loc]r 1 electric clock
1 typs�vriter desk 1 a,:iding m�chine
1 coat han�er 1 addrassograph
1 v�aste basl�.e� 2 steel files and 2 fillera
l file cabinet 1 steel supply cabinet
1 gas x�ada.ator 1 bookkeepix�g desk with ahair
2 chairs (1 Office, 1 straight) 1 filing cabinet (�voad)
1 wood filinp aabinet for stationery 2 tvicker cha3rs
1 quantity of ink 2 vr2o�. letter boxes
1 quantity of glua �? foants.tn pens rvith s tands
1 quantity of WFI,A stationery 1 electric fan
1 set of �+JFLA rubber atamps 1 quantit� FWC atationery
1 wire letter basket 1 set FWC rubber stamps with hol:dex
l quantity oi paper letter files 1 set picture :frames
1 �encil sharpener ], dssk lamp
1 quantity of scratch pads 1 bookkeeping system
1 check cutter
I�AIN S�IIDIO 1N .4UDITORIT'iM:
1 piano (grand) with bench 2 electr3.c fans
1 rug, aprox. l2 x 21� 1 Philco radi�
2 wicker divens 1 stand lamp
j wicker easy chsirs 1 svickor tabls
9 music racks 1 gas radiator {open t ype)
1 pedestal
WPLA INV�NTORY.
RECEPIION ROOM�:
2 wicker type tarles 2 table la�ps
�: wicker eas5 chairs 1 set of nicture frames
1 linaloum square (perisY�a.ble ) 1 mi.rror, approx. 2 x 1.{.
1 electric fan 1 tapestry, approxe 1} � 6
1 gas oper: ty�e radiator reflector 1 barometer
1 vraste basket 2 sand urns
1 divan., wickex 2 bird baths
1 table ornament 1 radio set
1 stand lamp wi�h sh ade l tube display
2 pott6d pTants (per.ishable� l folclin� chair
1 door mat (perisY�a_ble) l fancy arz �icture
PROGRAN DTRECTOR1S OFFICE :
1 desk (roller top) 1 typevrriter desk
1 chair 1 t�pewr3.te.r
1 table 1 steel filing cabinet
1 loud speaker (cone tyrse) 1 electric clock
1 file bo:� 1 set of picture frames
1 paper basket 1 chair
CLEARtifATER S TODI OS
Equipment and fixtures :
1- Interphc�ne co�nunicat�.on sys tem (perishab7.e )
1 - '�N-E Carbon _ ��
OPERATOR+S RESIDE[+10E AT BAYVIEW, FLCi�CDA :
Living Room :
1 S�x:i.te; davenport, 2 rockers, tab? �+
1 Coifee table
1. console table (furnished by V�SUl�)
1 mirror
2 Floor lamps, (furn3shed by WSUN)
i. xu� 9 x 12 (�ur�. sne a t� ws*�r� )
Bed Roo� ;
1 Suite; Bed, sprin�s, n�attress, dresser, bench, Ghest of dravfers, rocker
1 Congoleum ru.� (furnished by WS'ON)
Sitchen :
1 Cas stove
T Taole
1 stoo7.
1 dish cabinet
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Operator+a Re�idence a� BRyview, Florida, conttd.
Pining Room ;
T Suite ; table and 4 chairs �brea.kfast room suite)
Porch ;
1 Glider With mattresa
1 Grass Rug (furnished by WSUN)
2 Rockers
Miscel. :
1 Med3c3.ne Cabinet {iiirnished by WSUI�)
1 Day bed and m�ttress
l War�.z•abe �abinet
1 Section, of, Book case� (L�. sections )
8 Window �Shades { perieb;a'ble }
1 Water ht5se (approx, 50 �t.,) periahable
1 Ironing Bna,r3
1 Section of Linoleum on bathroom and. Aitchen and, back
porch iloorso
BA�EW.
�].d ( Cla,�sing) tranamit�er, obsolet� and noic in operating conrlition.
onta�ns folZowing major par�a :
2 radio £requency sunneters
2 d. c. a�uneters
6 d. co milliarmneters �
7 d. c. vo].tmetera
(above mete�s are Jevrell make and apparently in good ccmdition).
1 large modulation choke
l speoch input trans#'ormer
3 ii�ter candensers, 2 mfd. 6,000 401'b C&U&C1'�9' (each)
1 water pressure relay
1 large tank inductaneo
1 large tank condenser
l spaech �mp3.ifier complete,
M3scellaneous sackets, switches, dials, tuning devices? resistors,
condensers and chokes.
l twenty-five horse�pcwer elec�tric motor coupled to one 22 vol�
filament generator �nd. �n� ,�j,000 volt d, c, plate suppiy generator.
Motor and generators in working condition. Above instruments
(axcept porver supplg unit) mounted in two large panel raeks, are
what remains of the 5,000 watt tranamitter used prior to purchass
of present transmittin,� equipment.
CImY PAF�i
2 steel tovrers (about 135 feet high).
MAII� STUDIO IN AIIDTTORIUM
1.8 straight back wicker type chairs to ma:tch other ili.rniturs in
bqain Studio.
RECEPTION ROOM IN AUDITQRIUM
1 Frigidaire drinking fovntRin.
TAT+�'A STU7]I0
1 S"l, E. Input S�g�e� Including :
1- $-C Western EZectric Amplifier
1- Coniposit remote line a�plifier
l- 518 B Volume indicator WE
1- Compos3te carbon microphone uLxing panel
l- 4Vestern Electrie rectifier
1- Western Electric meter panel 3 me�ers moun�ed
1- 1,8-B Western Electric mon3.tnr pa�e1
l- Western Elec�ric lin.e pad
1- 5 channell General Radio m�.xin$ control �anel
1- 5 position line jark mounted
2- 21.�.poaition Western Elactric jack strip
1- RCA xni.crophone and vertical stand
1- Utestern Electric carbon m3.ke �261}.
l_ �r �� �r �� �60� A rrith �ilter
1- Vertical stancl ior carbon mike
1- Goose neck stand for carbon mike
1- Philco receiver
1- " apeakex ( cabinet type)
1- General Elec�r3.c receiver
1- �Nestern Flectric cone speakor
2- position turn table f or transcriptions
1}-6 volt stora�e ba�teries
1}.- ma;�neto type �e].ephona ringer�
1- m3crophane i�atterg box V�estern. Electric
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Tampa S�Lud3.o; , cont � d
1- camnosits bat�erg box
1- RCA #10� J.oaul sp eaker
j- four drav�sr i�.],;e cabindt�
2.-mstsl desks
1-�vood des�
2- tivood ofi'icg el�.airs
1- office table metal
?.- t�7��at�triters
1- chickaring piano
1- Pri�;idaixe - Air conditioner (5 ton) Installed
ADDZTTONAL INVEI�TORY OF 4UFLA TAT�'CPA STIIDIO.
l� Ambasea Pelt IInit h'�zg in �'ront Reception Room aize apprx. ?_0 3: 20
I- Ambasco Felt U�it Rug I.n Sound �tudi.o, Size apx. 15 x 20
1- P�onks cloth studia Curtain �n h4a3.n Studio. Sizo 20 � 15
1- Quantit� of Iuionk Cloth small windoti�r curtains an tiv3�zdo�vs
26- Opera Chaixs
6- Green L04B Seats. Stee7_ Furniture.
7- Green S�r�ng Stee'1 Chairs
2- S�ee7, Tables 27"
3- Steel Tables 30°
1- Glider
1- Stee1 Chair
2- Special Red Chairs.
1- Umbrella Set cons is tina os :
1- Table
1- Umbrella `••
1;.- Chairs tvith canvas backa
1_ Bushnell Studio Felt Garpe-t Apx. 18 x 3$
1- Bushnell Stud3.o Feyt Carpet Apx� 17 1. l8
2- F�lts =or above Bushnel.l Ru�s.
1- Set of plumbin� fixtures in Rest Rooms and ovesflows to Air Conditionsr,
2� 8t� Non Osc Graybar Fans
2- 8° Osc Gra�bar E'ans
1- �8j Crovrn Vacuum C7.eaner
1- Flashin� VVFLA Neon Sign Apx 3 x 5
?- rToi1 Flashin� I�1FLA Neon �ign Aux. 3 x 12
1- Tlon I'lashin€ VdF'I,A Stuciio Sigi Apx l�`" x j0".
1- Small Tvpewriter Desk
1- Oak L'es� for Salasma.n
1- Sot a,f ateel cabints, racks, soap di�hes etc from Tampa Paper Co.
1�:- Nesc� Oil �tovos for heatln.a studios and offices
l� Set of Plate Glass F3.xtures ior Studios as iollows;
� �ieees Apx �8 x� �8
2 tr ii 72 x 4�
2 n n 92 x�}.�
2 �� �� 9b x !}�3
1- Ouantity o� Electrical supplies, such as wire, cable., �unction
f�oa es, meter loaps, step down transformPr, �nedal boxes, condui�,
lead covered wire, fuses, switches, lamps, ATecessary iteirss in
the construction and operation oi a normal studio.
Axid such other miscl., items, as theg may appear at the studios
oi t�FLR. in Clearwater and Tamps, plus such o'cner miscl., items as they may
appear at Bayviow, as ma� not be included ir� tha attached inventory, but
which may or•may not have been pur�riased s�.nce the eflective dates of att2�ched
inventories, together �rrlth such itenis w� are novr in use9 or may bs purchased
and used at subsequent dates.
it being understood ancl agreed that the unpaid purchase �rice, the same being
].awful, past d�xe intereat coupons of said City of the fa�e value of �p225i700.00,
except as xa.y be mod.if�ed bg ensuing provisions o:f t:nis con,tract, shall be gaid
k�y the Buyer to the Seller in 'tiae manner and v�ithin tk�a time hereinafter specified
by this contracte
In addition to the sale of the foregoin� personal property, tihe Seller
pranise� and a�rees ec�ntemporaneousl,y Urith consuitunation of t11is sa1�, to �;ive and
grant unto the Buyer i'ull right and permiss3.on for a space of fi.ve (5) gears from
the date heraof, to use, occupg and enjoy vrithout charge the studio site i�n
the Municinal Auditorium 5.n the City of Clear�rrater, which is xaovr bein� use�. by
the Buyar in the opera.tion oi radio Station WFI,A, but upon the atrict cond3.tion
that s�3d studio site sha11 be used only for the purpose of condia.ct3,ng the
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business of raclio, radio advertisin�, r aclio broadca$ting and televislon.
At the end of said five (5) years, or at ar�y time pTio�r tY�ereto that Buyer `
ceasos to use said studio site for any of the specifio Aurposes above
enumerateci, i;he aforesaid lease on the studio site at aaid Auditorium 3ha11
eease and determine and the Buyer shall geaceably surrender. up possession of
same to Se].ler in as �ooc7. candition as said studio now is, ordinary tivear,
tear and damage fr�m the elemonts e�.cepted. T�.e Buyer a�rees at all timeg
to make no unlawful or o�fensive use of said studio site, nor to alter,
change or remorlel same, without the consent of the Seller,
mhe Seller further pxomises and agrees simultaneously ivith the
cona�tion o� this sale to convey unto the Buyer all the right, title and
intereat oi' tha Seller in and to the buildings, fixtures and permanent
impxovements, hereby deseribed as :
i Bla�. ��.Z� 6o x�.0 constructed of hoZZow tile with bricl�
ueneer and Belgiurt T�.le Roof,
1 Operatorts residence, size aprox. 25 a�.0 constructed of
wood, framed, painted wh3.te, screened and flzrrri:shed.
1 Garaoe, suitable f or one car,
?_ Anter�na Huts, aprox, � x L}. x 1{�, located at base of'
tower, covered v�ith Belgium Til e,
and herei:nafter rieferred to as the buildin.gs, which ara no�v located unon
the follo�v3ng deseribed real es�ate in Pinellas County, �lorida, to-zvit•
Begi� at tlle Southwest corner o� the Sautheast Qvarter
( SE4 ) of the I3orthwest Quarter (NWti } of Section 16, Tovm-
ahiA 29 5auth, Range 16 East, said corn er being the Soutb.-
�rest corner of Gov�ernmsnt I;ot No. 2, and also being the in-
tersection of i:he cen�ter line of Haines Road and center line
oi Gulf to Bay Blvd., and run South ��0� and East 600 ft, for
�.o.b., thence run S 8° �.5 � East 337,8 fto to Old Tsrr� a Bag,
�i�ie nc� run N. E. � ly al on� sho re oi' 07.d Ta� a Bay to Sout� l� ne
of Gulf t o Bag Blvd.� tY� nee run West along South line oi
Gu1f to Bay Blvd., 507.9 £t. to p.o.b., beia,g in uove�ment i,ot
No. 1, in Gection 16, Torrnship 2.9 South, R&n;e 16 East; an.d.
Begin �t the South�vest cornex o�' the Srnatheast Quarter
( SE�. ) of t�e Northwest @�uarter (NW� )�i' Sec�cion 16, iotivn:a
ship 2� South, Range 16 East, said corne� being the Southv�est
cariaer of Gove� ment Lot No. 2, ancl also being the inter�
ssetion of the eenter Iir_e of HainEs Road and center 7.ine of
Gu1f' to BAy Blvd., and run North 5-0 feet ana. East 639 Feet
for pao.b, thence run North at right an�les to the North
l�rie of Gul.f to Bay B1vd,, 200 feet, thencP run East parallel
to North line of Gu1i to Bay Blvd�, 681.5 feet, tlaence South
to the North line of Gulf tu Bag B1vd,200 feet, thence run
1Vest mlong the North line of Gulf to �iay Blvd., 681.5 feet
to p.o.b. All. bein.g 3n Gonernment Lot 2, See�tion 16,
Townshi� Zj South, Range 16 East,
hereaf�er refexred to as the land, but wl.tho��.t zvarranty of �ood title
thereto, either express or implied, I� 3s also distinetl� understoofl that
Seller shall convey unto �the Buyar title to the buildix�ss on1g, and that title
and ownership of ti�e land shall remain the d3s tinet, unconditional, absolute
property of Seller forever. 13uyar sha11 have the ri�ht at an� t3.ma r?ithi.n
nine�y-nin.e (99) gears from the date hereof to te�r do�vn, remove, repatr,
altor � change the buLldings aforesaid, or to construet new buildings,
i'3x�ures or improvemente upon said land, provl_ded, kiowever, that all such
chang�ss, alterat3ons and new cor_structiox� shal� ]�e for radio purooses only,
and Buger sha11 have a�ree and Zan3.nte7rrugted ri�ht of ingress and egress
over said land to and irom s a3ci bu3ldings . At the end of ninety.-i�3ne ( 9� ) year•s
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from the dato hereof, or at such time nrior thereto as tha 13uyer sha11. a�andon
the herein:before desciibed land �ox radio purppsesd or cease to use the afore- Q
said bu3ldings loca{;ed m said land s�lely f�i� the btiainess of xadiop radio
broadcastin�, radio advortising or television, and pravidad that the Buyor has
not prior therato removed sa3d buildir�s i'ram said land, then titla to said bu3.1d- y
ings, incl.ud3ng additions subsequentl4 i�dded, ahall ixnnediatelg raver'� to t he Seller«
?t is underateod and agreed between the Seller and the Bu�er �that this contxact
is made and entered into subject to all tho ri�hts, duties, condi�ion� or liabi].itie�,
if any, created by or arising out of that ceri;ain contract made and entored in�a
betvreen Seller and the Citg of St. Petersburgs Florida= under da�e of August 15th, 1927.
In the event that -any claim or demand of any nature i,s presented or any suit or
action of any kind is �natituted a�;ainst the SeJ_1er as a resnits directly or in-
directl.y, o� the e�xecution of this contract, the Buyer agrees at its own expense to
defend the Se11er a�ainsu such claim, demand, suit or action:, and to employ counsel
of its choosing and unon its own terms and at its own e�penss to defend said Seller
therein, save ancl e�cept Seller may, if 3t chooses, ass3st and collaborate in such
defen�e and may at ita own e�cpense select cbunsel to ass3st Buyerts eouizsel in such
defense. As a�.irther consideration to the execution of this contsact Buyer agrees
to indemnif�r and save harm�ess the Sellor from any judgment or decree entared or rend--
ered against Seller as a resu7.`, direct or indirect, of the e�vecution of this ecal-
tract, Seller agreeirg in the event of the present etion to or ins�itut3on a�ainst
Sellsr of any claim�, demand, suit or �ction gnowing out of tla.a execution of this
contraat to �i.ve Buyer notice thersof w3_thin. five ( 5) aa�s aftex the present ation
of such claim or de�,and or aerzri ce of proceas in such suit or ae�ion.
It is further understood and agreed that a11 and singular the terms, coven-
ents and conditions of tY+at ceri;ain lease heret�fore en�ered 3nto between Seller� �
Buver and the Chamber of Commerce of Clearwater under date of ,Tune 1'jtr, 1935, shall
be faith�'uT'.y� i`u11y and completel5 performed up to and inc�.uding the 15th day of
,Tune, 1936, and a�� moneys due thereunder by Bu.yer to Seller whicb: shall have ac-
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crusd on or befor� the 15�h aa� of June, 19j6� sha13 be paid by the Buyer to the !
Seller as requ�,red by the terms oi said lease, but that the exec•� ��ion ancl �elivery
af this contract shall be deemed and cca�.sidered a termination and cance7_lation of
seid leage as of June 15th, z936, axa as a full and complete accord, sat3sfaction
and aettlement between. ths parties hereto of any and al1 accawzts� moneys due or
owingp elaims or derrands of every kind or nature whatsoever accruin.� frc�m and aiter
June i5tn, 1936; provl.de�, howaver, that if this contract from any cause fails of
consu�nnationt then s�id lease sYm].1 remain in full iorce and effect the same ae if
this contract had nevor been executedo
This cantract is raade and entered into expressly� subject to the approval.
by the Ferlera:;. Go�nuzications �o�nission of the assignment to �uyer of a13
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tho right, title and interest of the Sel�.ar in and to the existing Federal
license for the opdration of Radio Station WFLA-l9SIII�, and if �he Federal
�orrumznications Coimnission f�.i1s or re3�uses to arder or a11ow the assi�ri-
ment to �3uyer of said licenso, this contract skiall forthwith cease anel deter-
mi.ne, and in that event the Seller shall at once return to the Buyer the
earnegt pa,yment thi� aa� �.ae, or at the Seller�s option, in lieu t;.�ereof, the
sum of �p4�60.Q0 3n cr�.ahe
�n tkie event State, �oun�y, City or Federal Taxes or asaessmenta of any
kind or nature are hereafter levied or �ssessed against either the land, the
bu3.ldings or the personal pronex�ty hereinbefore described in this contract�
or any part or parcel thereof, or tha tote.Z thereof, liabilit� for the pag-
ment of such taxes, if pay�menti be demanded or adjudged, shall reat�soZely upon
Buyero .
The Seller promLaes end agrees, at any �ime within the said sbace of
s3xty (64) days from the t3�e of a�'ro�al b� the Federal Gorrmiunications Gnm-
mission of the assignment of the aforesaid license, upon five (5) days not%ce
in writin� to the Seller and upon tender by the Buyar to tihe Seller of �he un-
paid laal�:co of the purchase price hereof, to execute anddaliver to Buyer a
good an3 sufficient Bill of Sale or deed of conveyanc8 of the property herein
contractad to be solde
T2?�'� is of the essenca of this contract and it is ti:n:derstood and agreed
be4tveen the par�ies herAt� th at thia contrac� shall be ftr.11g executed and con-
summa�ed vqithin s�ty (60) days aiter the approval by the F�deral Goffim.inications
Corarniss3on of the assignment of the license to o�arate Station 47FI,A to the Buyer;
t3nd in the av�nt the Bu,yer faila or rei�.ises within such space of' sixty ( 60 } days
to ccnsumwate this cQntract of sale, then the Seller shall have the r ight to
retain tlie earn.eat raoney this day paid by Buyer to 5e17e r� as its liqu3.dated dam-
a�oa in the premises, and thts contra�t shali tihenceforth be null and ti•c+id. St
i� further understooa and agreed that P.uysr shall haz�e v.ntil December 2�th, 193�� �
with3n wl�ich to perfect trangfer of the sa3:d licerise of radio statien 4�1F'IA-t�`5UN .
to Bu�*er, and in the evont �uch �.iceizse has not been transferred to Buger under i
authorit� of the Fo�ieral Cozmm.znic�tions Commi.ssion b� December 20t�., 1g36, this
contract �hal1 then i�mnediatel.y become nu11 and voids ps�vided9 hoviever, that ii'
Fiuyer sha?1 have at a'L1 tirrss prior to Decemoer 20th, 1936, prosc�cuted. with due
d�].igence its application for the �ssi �nmarit of such Zicensea Se1Zer agrees to
extend the t3m�s for completion of such assignment for such f5zr�her tir e as it
see� fit so to da� Sell er to he tl�e sole jud�e and final arbitrator of the
questiorl of whet]ier Ruyer has prasecuted said 4pplication with due dili�ence,
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It is unaerstooa and at�reed tha.t the Buyer sha7.1 a.n all ovents melse
evas,q raason.ab].e effort at the time of �he consununation of i;his co;�tract
to daliver to Seller as and for �bhe unpaid purchase of the pro�exty herein
conyracted to be sold, 1a5vfixl� past-due, maturad intexe. � crn.lpone of the
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City of C1eax�v�ter, svhich s7.�a7.7, be of �the tota7. face value of $j225,'j00..OQ'
but in the event that a7.1 of said unpaid purchasQ price cannat be paid �o
the Se1Zer in the f orm and through �he medium of past dtils 3nterest coupans
in the emaunt set forth above, the Buyer may subatitute therefox, in wholo
or in par.� Iazvful bond3 of the C3.ty of Glear�vater� and in auch Con.�i*�..,.�',enCy
the unpaid pnrchage price shall be deemed and c�sidered to be the suui of
,��+5,11}0.00, and the Buyer sha11 de7.iver to Seller so m�y ianrful past due
interast cou�ons of said Citg Reckoned at the value �f 20� on the dollar
o�' the face va.lue tY�es>eof, or so many 3a�vful. bor�ds of said City reckoned at
tre values hereina�'ter set forth, or snch ooml�inatLons of both as �an be
purchased by Buyer with thE sum of �1:�5,1�.E.O�CO; pravided fur�cher, that if
Buyer purchases, secures or acquires interest coupons of saifl C3ty at an £�er-
��s price or prices less than 24¢� �er dollar oi face valUs of.said interest _
coupons the benefit sha11 inure to th_e Se11er, it being the intention o�' the
parties n�reto that the Sel.7� r sha11 receive the maximum number of i.nterest
coupons or bonds, or a combination oi both as can be purchased ar� acquired
by Bi.tiyer with tY1.e sum of �1}.;,1LE0,�0; in the event Buyer finds it necessary
to usP bond� o£ sa'La Gitg in lieu of interest coupons af said City� it 3s �
understood �n.d r�greed that during the .first ziftg t50) days after the fir�a].
approval of the transi'er of the license above mentioned to the Bugera the
Sel+ler acting by ar_d thrrna�h J. E. Sattes�field� of Cleartvater' sha11 alone
have the right i;o desi�nate "�lie �ime for the purerase of suah bondsp as
«e11 as the t,-�pes and quantities of eachf . ancl the priee to be paid therefors
ar�d the px�ice so paid shall contral for vhe purpose of ascertaining the number
of bonds required to be tur•ned over and delivered by Buyer to Sel.ler upon the
unpaid purchase price hereofP Aftsr ths expiration pf said fifty (�0) c�ays
the Buger may purchase such bor_ds i.n the open �narket at the then currer.t znarke�
price, which �aid market price shail govern and cun�txol in determin3ng the num-
ber o� bonds due from the Buyor to the Seller upon ea�.d unPaid purchase pra.ce,
Lhe use of' the �'ig�.tre oi ,k1.E5D1J�0.A0 as x°epresenting the remazning unpaic� purp
chase prfi ce hereby due from the Bizyer ta the Se1]e r has been se].ected merel� •
for con�enience in ca].culating the numbar and value oY the interest coupons
and bonds, or a combinatio� thereofa c'!ue from the Buyer to tho Se11er a� the
unpa3d purchase priee �f this eontrAct of sa1e� the Sel,ler ex_pressl� refusing
to accept an�y medium oP payment �f said unpaid bal�.nco oth�r �han interest
coupon9 or bonds or a combination of bo�h and �he Buger raving neither the
option nor li�:bility or dischar�ing sa�.d w�paid balance excep� through tlae
delivery to Sel]a r oi in�erest coupons or bonda a a� a combination of boths
of uhe kind fznd in the amount hereinbefore apeciiied.
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zt is further unders�ood and a�raed t]�a� the Seller holda tl�s sum
of Pr2, j00a00 as a cash reserve fund unaer and 'by v-lrtue of that certain
:Leas�e now existin� betvleen the Seller and Buyar� dateci aune Z7th, 1935s �d
upon �ho execution azui consu�ation �of �hia sale the �uyer expressly f�rfeits,
relinc�uishes and re7.eases ang anc7. fiLl ri.ght, title, claim� demari.d and interest
in and to sai.d cash re9erve fund whieh sha11 fort]a.with beeAme and be the ab-
sclu+e propert� of the Se11e r.
Thi� contract ahall be binding upon t?�e succe�sors and assigns of the
parties hereto,
IN WI�TNESS Wf�REOF: the said Se11er. has cauaed this contrac� to be
e;secuted by ite Ci�y NIar+ager and City Auditor and Glerk, countersigned
l�y its I�Iagor-Commissi.oner, and its eorporato seal to be hereunto attached,
and the said Buye� l�s caUsed this contract �o be executad by its dulg
author'ized ofiicers �.n.d its carporate seal to be hereun�to attached, the
day and gear first abcva wr�tten,
CITY OF CLEARWATER, FLQRIDA„
{SEAL)
BY A. C . ATichols
COTJN�ERSI�NED : Ci ;, Managex
� E. Green J. E. Sattef�field
ayor-Commi�s_one� Ci g Au i or and C erke
FI,ORI�A WE5?' COAST �POADGASTING
( SEAL ) GOI:RPANY, IATC.
I�.'.”
ATTEST ; res en .
F. J. Lee
LT ce- resi en ..
LNa Walter Tison
Secre ary,.
Signed, sea.led and delivered
3n t he preaenca o�' :
S, E. Simmons
Lottie E. Livin.�st�n
A�A a.5.�. signa , e� �xcep H, R.
B�Bk].ri s
� to si�na �ias�e of H, H, Baskin,
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