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RESOLUTION
No. 81 - 70
A RESOLUTION AUTHORIZING THE ISSUANCE OF
$4, 000, 000.00 GENERAL OBLIGATION BONDS OF THE
CITY OF CLEARWATER, FLORIDA, TO FINANCE THE
COST OF CONSTRUCTING AND EQUIPPING COMMUNITY
LIBRARIES IN THE CITY; PROVIDING FOR AND CALLING
A BOND ELECTION OF THE QUALIFIED ELECTORS
RESIDING IN THE CITY TO BE HELD ON FEBRUARY 9,
1982, ON THE QUESTION OF THE ISSUANCE OF SUCH
GENERAL OBLIGATION BONDS; PROVIDING FOR PROPER
NOTICE OF PROPOSED ENACTMENT; AND PROVIDING
AN EFFECTIVE DATE.
BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF CLEARWATER, FLORIDA, IN SESSION DULY
AND REGULARLY ASSEMBLED, AS FOLLOWS:
Section 1. Authori of this Resolution. This Resolution is adopted
pursuant to Ordinance No. 1830 of the City of Clearwater; Chapter 166, Part
II, Florida Statutes; Sections 100.201, et seq., Florida Statutes; and other
applicable provisions of law.
Section 2. Authorizing of Bonds. Subject and pursuant to the pro-
visions hereof, General Obligation Bonds of the City of Clearwater, Florida,
(herein called "City"), are authorized to be issued in denominations of
$5, 000. 00 or multiples thereof, in the aggregate principal amount of not
exceeding Four Million Dollars ($4, 000, 000. 00) to finance the projects of
the City as described in Paragraph 1 in Section 3 hereof. The moneys
received and interest earned from the issuance of such General Obligation
Bonds will be used for such purpose. Such General Obligation Bonds shall be
secured by the full faith and credit and the taxing power of the City. None
of such bonds shall be issued for a longer term than twenty-five (25) years
from their date of issuance, and such bonds shall bear interest at a rate not
exceeding the maximum rate permitted by law at the time of the sale of the
bonds. Both Principal of, interest on the bonds, and redemption premiums,
if any, shall be payable at the office of the Finance Director or at the office
of such other paying agent as may be designated by this Commission. Such
bonds shall mature no later than twenty-five (25) years after the date of
issuance thereof.
-1-
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The Bonds shall be issued pursuant to authority granted under this
fResolution and authority granted by Ordinance No. 2444-81 of like effect
passed by the City Commission on even date herewith.
Section 3. Bond Election. A bond election of the qualified electors
residing in the City is hereby called to be hold on February 9, 1982, to
determine whether or not the issuance of such General Obligation Bonds in
b'Yl?f' fr k L
•an aggregate amount of not exceeding Four Million Dollars I4, 000, 000. 00
s . ,t
,?',?•,,,:?,;;,; shall be approved by such qualified electors to finance the coat of the fallowing
fi municipal purpose within the City:
1. $4, 000, 000.00 for construction of community libraries
and parking facilities and equipment therefor, all
.0 '._
y of which sum shall be used for such purpose at
yh`
locations to be subsequently determined by the
?•?, City Commission.
fs? Such purpose described above shall also include other purposes
:(4q,?i5J'b`
?C??rFtii???,a a
k3i_x1 , aPPurtent or incidental thereto.
°? ..
°? .'va6uri.
. c All qualified electors residing in the City shall be entitled and
. f 3. iJ?:r
}S v5"
permitted to vote in such bond election. The places of voting and the inspectors
?C•tJ?:ti `
and clerks for the bond election shall be designated as provided by the Code
of Ordinances, City of Clearwater, and by applicable State Law. The Polls
~?`tw will be open at the voting laces from seven 7 o'clock A. M. until seven 7
o'clock P.M. on the same day.
Section 4. Official Ballot. An electronic voting system shall be
used at such bond election and the form of ballot for such system shall be in
substantially the following form,
} OFFICIAL BALLOT
CITY OF CLEARWATER, FLORIDA
BOND ELECTION - FEBRUARY 9, 1982
Proposition No. 1. Library
Shall the City of Clearwater, Florida, issue not exceeding
$4, 000, 000.00 principal amount of General Obligation Bonds
mill
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'>°j'• City,' for the purpose of financing the construction of
community libraries, parking facilities, furnishings and
equipment therefor, as more specifically described and
provided in Ordinance No. 2444-81 and in Resolution
No. 81-70 of the City.
of the City bearing interest at a rate not exceeding the maximum '
rate permitted by law at the time of the sale of the bonds, maturing
r as provided in Ordinance No. 2444-81 and in Resolution No.
z
w Pf .T,: r
81-70, but in any event not later than twenty-five (Z5)
,
ears from the date of issuance thereof, secured by
y
,
the full faith and credit and the taxing powers of the
The electronic voting system shall be so arranged that the voter
may vote "For Bonds" or "Against Bonds" with respect to such proposition.
Section S. Absentee Voting. Electronic system ballots shall be
used at such election for absentee voting. The form of ballot to be used in
the election for absentee voters shall be in substantially the form provided
in Section 4 above.
Section 6. Printing of -Ballots. The City Clerk is authorized and
directed to have printed •on plain white paper a sufficient number of the afore-
said ballots for use of absentee electors entitled to cast such ballots in such
bond election, and shall also have printed sample ballots and deliver them to
the Inspectors and Clerks on or before the date and time for the opening of
the polls for such bond election for the voting places at which the electronic
voting system is used; and further is authorized and directed to have printed
on plain white paper and delivered in accordance with law the official ballots
for use in such electronic system, and to make all appropriate arrangements
for the conducting of such bond election.
Section 7. Election Procedure. The bond election shall be held and
conducted in the manner prescribed by law for holding general elections, except
as herein provided. The Inspectors and Clerks at each polling place and the
Supervisor of Elections shall canvass the vote and make due returns of same
-3- '
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c"' i;^r without delay to the City Clark. Such returns shall show the number of
qualified electors who voted at such bond election on such proposition and
the number of votes cast respectively for and against approval of such
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four (24) hours after the close of the polls, be canvassed by the City
Commission of the City, which shall declare and certify the results of
such bond election.
Section 8. Election Results. If a majority of the votes cast at .
such election in respect to such proposition shall be "For Bonds", such
y,u}- proposition shall be approved, and then such bonds, the issuance of which
shall be thereby approved, shall be issued as shall be provided by the City.
Section 9. Notice of Bond Election. This Resolution shall be
published in full at least one time by the City Clerk as part of the notice of
such bond election, which notice shall be headed "Notice of Bond Issue for
Public Improvement". Notice of the bond election shall be published in a
daily newspaper in general circulation in the City in the manner provided
in Section 100.342, Florida Statutes.
Section 10. Severability. In the event that any word, clause, phrase,
or sentence or paragraph hereof shall be held invalid by any court of competent
jurisdiction, such holding shall not affect any other word, clause, phrase,
sentence or paragraph hereof.
Section 11. Re ealin Clause. All Resolutions or oilier actions taken by
this Commission in conflict or inconsistent herewith hereby are repealed
insofar as there is conflict or inconsistency.
Section 12. Effective Date. This Resolution shall take effect
immediately upon its passage.
PASSED AND ADOPTED this _JrrL,day of September, A. D. 1981.
AS AMENDED
Attest: gavyommissioner
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City Clerk
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?a't'?'d-t?"?t'z;`?1?'`?f#??ids',1,,,.??Vt??„y,?v'?k`r"?o-`c?h:?'5! y^ys?.?;,?°?;{-au?:::'e'?+ary?• t ?>bi a?'?'_ ??'.?w•?:7_. ?' ..`__. - _._ _ ? ._.. < __n....
NOTICE OF BOND ISSUE FOR PUBLIC IMPROVEMENT
CITY OF CLEAR WA TER, FLORIDA.
MUNICIPAL BOND ELECTION
To be Held on Tuesday, February 9, 1982, as
Provided by Ordinance No. 2444-81 and by
Resolution No. 81-70 of the City of Clearwater.
Notice is hereby given that a municipal bond election will be held
in the City of Clearwater, Florida, as part of the regular general municipal
election, on Tuesday, February 9, 1982, to determine whether the issuance
of General Obligation Bonds of the City for community libraries in an amount
not exceeding $4, 000, 000. 00, as more 'specifically described and provided
in Ordinance No. 2444-81 and in Resolution No. 81-70 of the City of Clearwater,
Florida, calling the bond election,. shall at that time be approved' by a
majority of the votes cast in the bond election by the qualified electors in
the, City of Clearwater.
As required by Ordinance No. 2444-81 and by Resolution No. 81-70,
this notice is given by publishing the foregoing Resolution No. 81-70 in
full as follows:
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