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211r? t.. r J k 7 010114ANCE 140. 211. And Ordinance to be -Entitled and Ordinance to Provide , y for tho Issuance of ponds for the City of Clearviater, # 1='lorl.da, to Provido for the ptiyznont of said Bonds and i to Proscribe the Purposes far which the Laney Arising from tbo Sake of said Bonds shall bo Exponded: BE IT ORDASIIED BY 71M CITY C(TONCIL OF TAE CITY OP CLEARWAMR; SLCTION ONE: That the City Council of, the city of ClorcxtiratAr be, and it is hoz=eUy authorized to Uorrovv trrie sum of Tv:onty-f Lve Thoustrd ($25,040.00} Dollars to be used and expended as follows, to-wit: the sum of Five Thousand f r. (050000.00) Dollars to be tisod and expended in }?urchasli -ig V1 ;".? . the following described lands for public Park for said City Lots o??e to sl.xtean inclusive., being all of Ulook 'one, :'.and lots one to eight inclusive, of block. six, Pine' Crest Subdivision,au recorded in Plat Book Jr 1 Page ?'.. Sixty-sixt Records of Pinellas County, Plorida. ' The Stun of Twenty Thousand 20,040.00)1]u1lartz to 1 be usad and expended in improving said lands for a public ?+ park9 `Iliat said sur}, if .approved by three-fifths of the qualified electors voting in the election to be held. as j` hereinafter provided, shall be borrowed for a period` of, thirty years from the ? st day of December, 1922, and th© (ity Co?r.ieil of the City of Cloamator, is hereby authorized to pay interest on the money so borrowed as aforesaid semi- ' annually on the lst day of December and on the lst .day of y' June of each and every year thereafter for the full period f' of thirty years after said lst day of December, 1922. SECTION MO: To securle the payment of said sum to 3 ? •', t be. borroved as aforesaid, and as provided herein, the said. .,- City Council shall issue fifty (50) negotiable coupon bon3A ' of said City of the denomination of X500.00 each, each of. said bonds shall be payable in gold coin of the United ?. 'rr4 States of America of current weight and fineness, and shall ? .'•,? be payable at such place or places in the United States of ' America as may be designated in said bond. To each of said bonds shall be attached interest; coupons of such numl)er. ?.??fr• and amount as shall be necessary to pay the interest semt- annixal-ly on the principal sum of said bonds at the rate of 6% per annvln, until principal of said bonds shall become due; ?' ??'t'..t •i1 r•,4?!'?: , each of said bonds shall mature thirty years fran the lat ddy 7 of December, 1922; the interest coupons attached to,saI.d ? '+`i'?11?5 ,. :` : w • bonds shall be reeoivable by the City of Cleanrater for rill taxes or indebtedness due to said City of every kind what soever. SECTION THREE: The form of said bands 'not in, conflict with t-?hip Ordinance shall be approved by the City ? '?' °;?;,;f •"` Council, and each of said bonds shall be sealed witli th' .;4• ..: corporate seal of said City and signed by the. Mayor. and. ? `?•j. ? Col ntersigned by the President of the City Council, alnd' { attested by the Clerk thereof., The interest. coupons attached to caid bonds shall have engraved or lit d x ;thereon the names of. the Mayor, the Preside' of the. CI t; Y Si? Council and tpze City Clerks,' r'r?'a+.?i.,-xx'?¢he?t'?CI'????. `•f?i ?• .?r , t ! ?.?' ,.'. ;3;Y f r. T ? +!t7' y. rE 3"y?w:t :.{?, rr`>r iK,i.t'" a a'd'l?°:2 " - •'1 .. s t ,i ,', •?a ` , 1"f?:'j??l iF.°. :?`,tY. x; ':P• s. . , 'r' ?Y'?` •?S1r??2+??F *,,E 9-?:??.t .•?fn'..1 ?? . .'? - .. rl. 1.. , '? •i:z?y '•? ''t: t 't+?;t? E`??# ? PVC"??'I''' +u` ? ' ? ., E •`,' ^?'S 't, r'' ',?1,'?? ^I•s's :•?',`.?J:.t .. 1y?,?7 r..?'r?e..•.` ?;Y ' a? .S ?• off, ' {p '" 'S.? rl' g t' w?' ? "NpV jf.:f y.: rt,r ??o' -'!p, .•i • '.k'-'''.._,. ; . =Pr - c 1 ' ? ,f,s ,l .^v: t low '.• All„++??r?? ' #;-??-:?'?i::• 'I 389 -J t 7 9HCTION FOUR: When said bonds shall have boon insued as herein provided, the City Council, or governing body of said City, is hereby authorized to sell said bonds at either public or private sale for the best price obtainable therefor, and the proceeds derived from the said pale of said 3 bonds shall be deposited with the Bond Trustoos of said City i to be used for the purpose herein expressed, and for no other purpose; provided that if there remains a surplus from the " sale of said bonds, aftor the said purposo for which said bonds were issued have boon fully completed, such surplus may be used for any municipal purpose in the discretion of the s Council or any governing body of said City. SECTION FIVE: The Council, or governing body of 4 said City, shall have full control and direction over the # Purchase, construction, ' improvement and maintenance of said f. public park which ipay be purchased, laid out or improved from the money derived from the'sale of said Bonds and the expenditure of said money for such purposes, and shall have full directions and authority over the money derived from '• the sale of said Bonds for the purposes aforesaid. . SECTION SIX: A special tax shall be assessed, ?.. levied and collected each year upon all property, both reap I5 and personal, subject to taxation within the corporate limits of said City of Clearwater for the purpose of paying interest on said bonds, and an additional tax upon all such property of such amount as shall be necessary, shall be assessed, levied and collected for the purpose of.providing, a sinking fund for the payment of said bonds at their maturity, the said sinking fund shall be deposited with the Bond rustees of I. said City, and may be by them invested as provided by the Charter of the said City: " SECTION SEVEN: The Mayor of the said City shall call 4 ' a special election in accordance with the Laws, Charter and ' Ordinances of said City, in which said election only those " persons authorized by the Charter of the City of Clearwater to vote in bond elections shall vote in said election, at which said election it shall be determined whether the bonds as l herein mentioned shall be issued, said election shall be held i on the 21st day of November, 1922s at which time the question :.?; of whether bonds to the amount and for the purpose herein. specified shall be issued and sold by said City, shall be " ' submitted to the electors of the said City possessing the qualifications of electors in bond elections as prescribed ' by the Charter of said City. The said Council of said City. € " Fr • ` shall provide for the use in said election ballots substantially c . , . " in the f ollowing f orm: i1. OFFICIAL BALLOT SPECIAL BOND ELECTION OF--' THE CITY OP CLEARWATER i FLORIDA. ' Held on the 21st day of November, 1922. - - - - - --- - - - - - - - - - - - - - - - - - - - - - - - - , Make a crass marls (x) before proposition in favor of •? :.. - 3 1 issuing bonds if you favor the same; make a cross mark (x) F? against the issuing of bonds if you oppose the same. , Shall the City of Clearwater issue and sell 6% thirty ;, ? s'`;i`?f` •:?"? " ?Y ear coupon bond in the amount of Five Thousand Dollais for the '. ' " purchase of the following described land: • . - -' rots one to sixteen inclusive, being all of Block One, Lots ?. One to Ei}}}? IZt inalusive 'Of Block Sir, Pine Crest Subdivision ., a= as recorded,,in Plat Book One Pa a Sixt -Six Records of •? »' Y fxx l?"+?v" S'#?3wya?-?R'.?, Pinella's Count Florida? at and' fora price of "`6 000s00 and o a1Q ' 1 th i h :: `? s'i'`, •. ,; O • e r t e amount o Twenty Thous and Dollars # or f ? T`' ? ° 1 '' YS? , e ' ' ' " T f .•..yf r',t;°? ?.t y .T ; . 1 ^S,'ikns?.: ? ?,..?'". ?A ?"- ,g.: 4. `.l. t .;; s? ?}? ,. .•. Ott :i' -?`,?i`,'3'r't,ft- - f 1 . :''. ',,: .'f. ?, `. •' ! ;':1eWj MMVIw?_.. ° ._ _,. ? •. lrC >f, <, VR5' '7 ? `'•c. ee-` .. : •.. ?y4`-s:?`?'?;,f' - :F f 390 , improvement of said 1aW f or Pixrk piulpoaca 4 Shall the City of 01carviator i3suo anfl soil 6% ? -? thirty year coupon bo21cls in t;ho rullow•it of Five Thousand Dollars for the ptirc aso of tho followliz rlesaribod land; Lots one to si.xtean i.nnlusivop being all of Block one, :; and iota one to eight inclttaive, of, Block six, Pi:ze Great Subdivision afl recorded in Plnt Book' One, Page Sixty-oi.x, heoords of knel.las Cormty, 101a., at, and for a price of 45,000.00, and also in the amount of a-ionty 's''housand Dollars for the improvement; of said land for park purposes? SECTION EIGHT: If threo-fifths of the votes cast 'in said election-shall be in favor of the issuance of said bonds it shall be the duty of the City Council to issue and, sell said bonds in accordance with the provisions of said Ordinance, but if threes-fifths of said votes cast at said '- ii election shall not be in favor 'of the issuance and sale of said bonds then no bonds shall be issued and sold. f 7 f f, r,? 31 .?', .., '? ;`j; L'i y r •'S 1ryF n?til F? rI ' ,. SECTION NINE: 'The Council shall riot :to said `• 1. .+ ,.a :,`; 17(:,°. .4t.;r, election, appoint the Clerk and three In spectors of said election Who shall hold said election in accordance vritb ' ' ;,.;'> i', :?: •°b:4`: ?'' ', the Ordinances of said City. r `• .: :r :''Y fir +t• ? i "rte` . , BECTIO14 TEN: The poling place at which said :} ! elootion shall be held and the voters cast their ballot ,',: •.. i` . shall be the City Hall in said City. SECTION ELEM: All ordina.noes, or parts of Ordinances, in oonfliet with this Ordinance are hereby .. repealed Passed by the City Council of the City of Clearvra.ter, Florida, this 18th day of October, A. D. 1922. ) J. C. Moore, ':,i• ; „; President of City Council. ?. by me this 8 da 0 Approved y 1 tl ? y of otober 1922. f • • i , (Signed) Frank J. Booth. J, jr, y°r. Attest: (Signed) S. Ft. IV-tic, "as Clerk. • ?i'1.. , e••'1i ?• `? r (813AL) -[ .i.6 ,ti,.{:`•Y ,'t.. '•f`tr =_frf'•°'f?•,?'r,;?- fe: .? ? .' i,'' .f'r:t.. .?t• .' E,• et, ., _.?? ?}": .;;; jyt?it;.. _XtF ,•,,' x?•'. ?. ?/ .E , •' . ? '? ^"f _ .r, E'•. .e, ``'. •`?,r •?' F, f .r{ ,r.?.i':a.`,:?(: :':w'`?4.f. CC's: y>; ,- ., .,}?,? '• `,'t, -. '.?':?"' ;:? •`f. fd'"rri ?? ?'''`- 2 ,{I? S s. 'i' ? r - - -•54 ,j':iz:'s?; ? ?t.. :•:•;y - ``r?,i•a, Y,.?1". ?•. ?,r, •Js Lt ',.t krr' '?•i j , .. •:i ;fCS:•`_??'. ' •;u? ' .`!1`-,'` _ ..??s ?7E ti's r ;."mil ?i •'^'t ?.s? i r '^ ??t c' ' c r'•, } '• 1, 1`' . . 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