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957� � � ! � , ,'� � ' � .� !� 1 � <<; . � , 1 f � ' � ';" �tna� ��a,��.s . V. ,. > „. � 3 , �f .` � {':j1r�F'S ,'�� v<r� . I� � �.�ev. ' . 1r Y '• ORDINANCE NO� 9�7 : ;�;s".{,Z z_ �. ; i „ .. �..l:s `S � AH ORDINANC� SUPPIEN�NmIh{3 AN ORDTNAI+�E ENTZTIED: t�AN 4F�U�l�i�3�CE AlfT�i4RiZ�N4 ANU pttiNlDlt3a Foft TH� ISSS3AH0� QF $3,260,OQQ UTI��TIES TAx IMAiOVEMENI` C�itTTFiCATFS OF 7'HE CITY OF CLEEII�WATLR FOR '�i� �'(iRPOSE OF F�NAi�iCITi(3 T�}E C05T OF CON- SmRUCTION AM) ACQII�SIT�ON OF VARTOUS MUNICiPAL IMPROVEMENT5� INCLIl�I3�4 CO�ISTF[uCTIC1N A3�D AUA�TiONAL �AC�LIT�S TO T}� �XI3T- INa MUHIC�PAI, �A3 UTILI�Y 5Y5TEM TO At�ViDE NATURAL (3A8� AC4vISImION QF R�i3�T8-OT'-WAY iid ORDER TO WIDEi� A�tA EXTE!'l�l GE�tTAIH STRF�TB IN T}i� CTTX OF C�RWATER, CONBTRUCTION OF' A MITNICZPAL P(}LIC� }IEAI]Q[iART�RS ANA JAIL O�I GITX-aVJN�II Pft�PER'CY, IM�t�T�- MENTS TQ MUPdICZPlIL I,�B�ir1RY Bi1�UlINQ� INCLUDINa AN ADD�TION TO 3AID BUTLDTN�, CONSTRUCTTON OF A BRANCH I�BRAH.X ON CITY�QWI�[�A P�ipPERTY� C4NSTR1ICT�ON �F A MCMOI��AL CIVZC CENTk�t ON PR.OF'EfiTY AnTNID �Y Ti� CTTY QF CLEAF6JAZ`ER LOCATID OH CLEARWATER BEACH� CONSTRUCT�OY OF RECREATIONAL FACII.'iTTES ON CITY-OWI+F�U iWENTY ACRE TRAGT SNC�.UDIN(3 R�TIRFMEHx OF �7fISTiH� MORT(}A(�E� JO�I�T PARTICTPATTGN IN GOST Gr CONSTftUCTIQN QF' BRIDOE FROM MAxNLAM} TO CLEARWAxER MEPSOHZAL CAU5EWAY, J�IMI' PJIHTICZPATION WITH ST,A�E R4AD �l�gAATffEl3T AI� Cai3t�i'TY HIGHWAY �EPARTM��iT FbR WiIiEN- I1V(� ANA EX'F��TDXN3 MYRTL� AVEiVUE NOiiTH AND SO[fTH� REGAPTtJRII+�� CAPITAi� IMPR�[�MENT Gq5T5 OF CZTY 0�' CI.�RI�ATEi� FROi� �H� YEAR i95� �o �afi� [�a�, �NCLUi)TNC+ THE FULLOWINa: �HSTALTATIqN OF WATER AND SEbIER MA�I+lS AT GREE�lW04D H4[ISI�i4, CO�dSTR�lCTI4N OF STaRM Sk�JER QN PAI,Nf BLIJFTr` STFtE�T, CONSTREICTION OF SWIN�N(} NOOL AND BATH HQUS�� CQNSTRUCTION OE' �EACH �R[iINS� CONSTEi�ICT�QN OF STORM SEWERS A�' PALMETTO� dREEN4dQC� AND MISSQURZ, CONSTRUCTIOH OF 5�+1k�t ISNE ON MYRTiE AVENUE FROM DRF�f TO MAPLE, CQI�STRUC'TrQN OF S�'ORM S��]�R ON �AYMOUNT STR��`P� RECONSTfiUCTiON IWD REHABILI- TATTdN OF MUI+iICTPAT, Ai1DTTORTUNI, CONSTRUCTIOJd OF A N�f �RE 5UB� STATIpN, AGQUISiTION OF VARTOUS PARCELS OF �D� INCLUDINQ THE BACOI� FRqI'ERTY AND BUILUZN(� BEHIND THE CENTRAL LIBAARYs AND TiiE Pi�UI� PROPERTY (CEMETERY) : PR(NTDINI� THA.T �HTS ORDINANGE SHALL CONST�TiT'PE A CONTF?A.CT W.�TH CERTIFICATE HOID�RS� DEFININi� Tii� TPRMS HEREOF� DIREC�TN[3 THE CTTY MANA(iER TO MAKE SA1D iMPROVE- MENTSi DESCRIBTNG 5ATD CERTIFICATES AIJD AUTHORIZFNa �'ROPER EXFCUTZOH 7iiIREOF� PR�VID�I3G TiiAT SAID CER�'IF�CATES SHAT,L NOrF CONSTITUTE AN TND���IDNESS OF Tfi� CTTY, $UT SfiALL BE PA7fAHI: SOT�ELY FR�M Fi30CEIDS Ok' UTILITSES SERVICES T19XE5, PROVmTNf� FOR TiiE PL�DG� A�1A PAYM�I� �NT� A T��15T ACCQiJItiiT OF 5Am i9T�LI- T�S S�RVICES TAXES TO SECURE �'HE i'AYMENT OF SA�D CFRTIF'ICATES, PR�VTDTNG �'OR �H� �'ERMS OF SAID TI'tUST ACCOUNT A3� �OVIDINa �QNDIT�Oi3S ili�tBFR WHICH SAZD PfiOCEIDS MAY BE RE�.EASED FROM �AID TRIlS� ACCOUNT, PROVIDIHQ FQR TiiE CONTII�iUATZON pF O�DII�AHCE N0. BZ1 (U'�ZLY'��S SERVICF,S TAX) 0�' T4iE CI'�Y OF CT.EARWA'�ER iTt3'TTL SAm CERTiFTCAT,�S 1#RE PAID Il+1 FUiL, F�tWIDiN(# TERNIS UNDER WHTCS THE C�TY MAY ZSSiIE ADD��ONAL OBi�IGATIpAtS PAYAB�,E PARZ PASS[T FROM �iiE PROCEIDS OF SAxD 1!�`Ti1ITI�S SII�VIC�S TAJCES,� PRWIDi�# FOR Tii� APPS,�CATTON QF SAID CERTTFICATE PRflCEIDa, PFtOVIDT�I43 Tfi� TEI�N15 UNDER WN�CH THIS (R�iTHAi�CE MAY BE MODxF`�} OR AMENDEU, Pi�OVIDING FqR �'I� RI(3HTS AND REMEDIES OF HOY,i?EftS Q�' SATD CERTIFICATES, FLIDaING CERTAIN U'I`II,�T�S S�R.VZCES TAXE5 TO THE PAYMEHT p�' SATD CERTIFICATES, AIIxHQR�ZiNf3 TE� 7.'EE�iS, EXECUT�ON� RE(}iS�RATION� ZSSUANCE AND R�DEM�'TION 4F SAID CIItTIF�CATES, AUTHaRIZING THE REPLACEMENT QF LO6T CERT�F2CATES� PR�V�A7.�1(3 �'ORM 0�' CERTTFTCATES AND CQi1PONS, PROVxDIN(� F'OHM C}F VAX�IDATION CERT�FZCATES, PH,OVIDINt� APPLTCATION OF FUitiIDS Ai1D SECiJR�TY FCR xNVESTA4ENT OF SATD FROCE�pS, Pf�WIIl1N(} FOR ENFQRCE- MEN� 0�' GQT�LECTTONS OF SAm TA�CES� PRW�DIN(; THAx CITY BE REQUIR�D T4 MAINTAIN HOOHS AHD RECD�tDS AHD ALL(k� TNSPEC��ON T�Q� I2ELATIl�iG TO SAIA PROCEE�S AHD DISB(JRS�MENTS OF i)T�J.,I-- TIES 5ERVICES TAXE5, P,RCJV�[}ZI� FQR THE SEVERABiLITY OF THIS �D�NANCE AND PRQVIDING kY�R x}I� EFFECTTVE bATE pI' TNIS QRI}I- HA�CE,'s AND AU`F�DRIZrNi} THE ISSUANC� OF $�.�800�p00 UTIL�T�ES TAX I2�iPROVEN�NT CEA.TIF�CATES, SERIES OF 3962.' . . . . Or�. # . 957 , . �`;-- � . . . , , • .. -' --- T�--�S'1}.� 0 r"•f���R-3�:�'i�t:-+'�s.,.;�„�r...;;,.Y,_L.:" •'r'. . . . . 1 1• �v :!t,�.•�. �"'•,i: :t� s�i� ���v%��c �`���"SwC'3��'" . ,,! ri. ,J;',... , : ;. ' - . . r�� r�l.i� Ki.-�s�'.� �a-� �i'.�' fi�.rt.' �: '�'rr:�r . _� {�.•'F�� .�,4�'�^�i�a.�.. ;.,•"'�`'�, ��I'.'; �i.`,;. , �,� � ... , �,.:; �!r+� �;i • "`:�. �'� ;a�'��C.1a :: . . •j F,y» ;.1.�, t-f`''a `i'," �'',� .i i,� � ° ' � �L� �� � . . . � ' � `�.��. �...� �+�•cwr� •vr� C «. . � . +—r•••"-^r�--- �� i �j �Gti,s . �`' ,��� , m .' � , y e".•-R;;""?•�,.5; +'�`'' ��'T"' � . ,�• .: � ,• _';''�,,: ��;� `i,, �r. � � . :��:< .:;,., : :;:� :` :; �� �. . . .� . , �� �. . . . . . „ - `' � � `� . ~ 1�t � 'i'i�-:�t, ii'i � i'�; 1 ,�;,�3..'�,.;.,, �r> ;:I;� �ii:".••,i,:�.-,:s`::i�,�i.f. ;',`.��:::�. a'i��s :Y� s�.. ��. �, i�` }:�S:�yM1� ' - -=i '�� , /�. ,, i' . .+±�+.rv'..��r.�.+'�,.'; <i "�`��, .1.I 'N,:i, . . . � 1 . � ' �, �, .;�. ,f : • . 0 � . � �� ��I S1 �� s � .1€' S.� 'i� ' 'V".:: ."'.7� �,� S ""1{ �`y' ai.si;�i l. ' � �'� y i;,•.,,� s'�yw r,;;i�'z'•rs;t;,,: •'� 7 '-?, h:1'�tL �rEyr!rr�'1- �SLti..-..;§i:ui� �='=� i • : ^+e'N.tc4�V,��ri:��2,�Vy�:+,s�L'� !i�'J',:��; . ��:1L�,iti?�.rr'_ :i.�i°%�isA1 .'_v.'�i?'.Si�.ii����"Y,. � . .'LC:}_ .:G�'�. ., .. __ .r..a"_ Y���S-z.,*�xai+sra�.�:�..,s�.�'r�wil3.�..��,'�'.'..'e�t°!'°'s.""- ��'- 1.��:_�,rw. .�.,_t �.�..�.; — � ; � .ri....�... -...t..r.— y; — -'-.y,.,,..�.,,�..� - -..r.. -�_^'-. ��e...,�'.ttP,.'�.te1;'i�5':�_�...i��ir..'.�.";i�� jdt ., i .•.�,,..c�,.�t4';��:.��:z!t�aT.�t'1C::'i�::'_�_.'s'.Y:�..`.'�i.�i;s,.�-�t�7��.� f " i' `i'1:��" �.,�a ..,�.� ty�,.t, ��.�'�»•i '' i;'- .: :. . ' €�-: ::rr : r: „t�.• 4 �� : t�' : +r� �. a.- �;. t<k�.�,�.,yt2 Y4�t.i' �4`,-.+:..-„�'� ;.,,,A;�'�.-h�.;.�;.i;� .��:..:� .r..r,;��::..��:d _.:f'�,v. ''�\::��,.. '.N' .,. .. ' _`�'.._.�__.......Y_�i�'. . `.�.„,.�?'.r.i.'�':: '��;,&,a�' , .. � �5:�_ .... _. HE IT ORDAIIV�D I3Y Tfi� CITY COMM�SSTgN OF Tii� CITY 0�' CLEA�tWATER� r'LQtI1]A: A�tTICLE T 5TATUTOF�Y AUTHORZTY� rINDIN�S AND D�FINITIQN5 Sootian 1. AUTI{ORITY FOR THIS ORDINMDCE. Thia ox�df.nanae is adop�ed � pureuant to the provisionn af Chnpter 9710, Laws of r�.orida� Acte o� 1923, ae amendsd and supplemented, bein� the Charter o:c the City of Clearwater, and other applicable provisions of 1aw� and pureunnt to Seatian ].6 of an ordinanCe entitled: ��AN Oi�DIiJANC� AUTHORIZTNd ANU PRAV�DIN(3 F'OR THE ISSIIANCE OF �3�Z�Q,�� �7�I�.�TZ�S TAX IMFRWEN�NT CEATZFICAT�5 �F TI� CITY QF CI.�AiZWAT�t F(R TH� PURPQSE 4F F7NAt3C3NC� THE COST OF CON5TRUCT�UN AND ACQU�SETZON OF VARIOUS NiIJNICTPAL xMPRpVEMENTS, iNCLUDIH(� GONSTRUC�YpN AM} /tUATTIONAL F'ACIL�Tx�S Ta THE EX�STIN(� MUNZCIPAL QA5 11'I'7LFTY SYST�M TO F}�OVIDE NATURA� [iAS, AGQUISZTION �F RIGHTS-OF-WAX TN 4RDER '.CO WXpEN AMl EXTEI3D CERTATN ST`RE�TS �N THF CxTY OF CLEARWATER, CONSTRUCTiON OF A MIINTCTPAL P�F,�CE i{E(1D- Q[IARTERS AND JATL ON CTTY-O�WIJID F'ROFII��Y, IMPROVEMEi�iTS TD 34UNICIPAL LT$RARY BU�LUTH� �IdCLUDING AN ADI}ZTYON i'0 5AID BUII3]TN(�� CONSTRUCTIOK OF A BRAHCH I.iBRARY ON CITY-- 04JNED PRpPERTY, CONSTRLICTION OF A MEMQR�AL CNIC CEN�ER OH PROPERTY pWNED BY THE CITY OF CIEAR4JATE�. LOCATID Oi� CLEARWA�ER BEACH� �ONSTRITCTION OF' RECREATIONAI� FACZLITIES Oi�I CITX-OWN�D TWENTY AGr�E TRACT IR]CLUDFI+1(� RETIRENEENT OF EXISTTNG MORT(3AT�� JO�N'!,' PARTTCTPATIQII TN COS'1' QF CONS'I'RU�"1`ION OF' BRIDCrE FRQM MAII�iLAI+ID TO CL�ARWATIIt MEMOR�AL CAUSk�r1AY� JOINT PART�CIPA'�TON WITH STATE RQAD DEPAR'�MENT AHD COUNTY HTQI�+TAY D�PART- MEI3T FOR WYDENING AND EXTENDIN[3 MYRT�E AVENUE i�QZTH AND SDU'THs R�CAl'Ti1RIN(� CAPI'X'A�, IMPROUEMENT C�TS OF CITY DI' CLEAFB�JATER FR0�1 THE 7iEAR Z9�� TO DATE F�FiEOF� IHCLUAIlJ{i THE FOLLL7WINCi; INSTA�,i,ATION D�' WATEii ANA Sk�JER MATN5 AT GREEi�WO� iiOUSZNG � C ON-- STRUCTTaN OF STORM SEWER ON PAI,NI SLUFF STREET, CDNSTRUCTION 0�` SWTI�Il'�[N(� 1'a0L ANp HA�H HOUSE, CO�VSTRUCTION OF BF11CH GR�INS, CQNSTRiiCT�ON OF STORM S�WIIiS Am PALt�TxQ, G�EII'S�44D AM} MiSSQ[iA.I, CONSTR[3CTx0i3 OF S�WER Lif�E ON MYRTi.E AVENZIE k'R�M DREW fi0 MAPL�� CONSTRUGT�ON OF STORM SEW�R QN BA1'MOUNT STREE�`, R�CONSTRUG�xON ANll BEHABZL�TATION OF MUNTCTPAL AUDTTORZi�� G�ONSTRUCTION OF A N�nf FxRE SUB-STATION, ACQUTSITZON OF VARIOU3 PA�tCEIS 0�' LAND, �HCLUDING THE HACON PROPERTY AI�fD BUIIDING BEHIND THE CENTRAi, LIBRARY, AHIl Ti�E PLiYMB PRQPERTY (C�i�E'�ERX) ; PROVIDIl�i£, THAT TIiIS �RDXNAIdCE SHALL CONSTIi[iTE A CONTRAC�' WITH CERTTF�CATE HOIDERS, DEFINZNG Tii� 'FERMS HEREOF, DIRECTII3Q� THE Cx�Y M�TA(}ER TO MAIS� SAIII IMPROVEI�'fENTS, DESCR�BI�IG 5AID CERTIFICATES AND AZTTHORIZW� PROPER E�CtiTION TH�i.EOF, FROVIDING THAT SAID CERTI�'TCAT�S SHALL NOT COHSTITUTE AN INDEHTEDNESS OF THE CITY, BiiT SHALi, BE PAYABIE SQT,�LY �'ROM PROCEEDS OF UTILxTIES SERVICES TAXES � Pfi.OVTDING FCR THE PT.,EDGE AND PAYMENT �N�O A T1�UST ACCOUI�T 0�' SA�D UTx�TTES SERVICES TAXES TO SECURE THE PAYMENT OF 5AID CERTIFICATES, PROVIDING FC�. TI� TIItMS OF SAID TRUST ACCOUHT AND PRQVTDING CQIVDTTION5 iRVAER WHYCH SAZD PROCEIDS MAY BE REZ,EASID FRQM SAZII TRUST ACCOUAIT� F�OUIDIHG FOR T1iE CONTINiUA�`TaN QF ORDINANCE N�. 87.1 (UTYT�TTIES SERVTCES TA%} OF TH� CTTY 4F CI�EARWATER UNTIZ SAID CERTIFZCATES ARE PAID IN FUI,L� F'ROV,IDIlVG T�iMS UIr1I}ER W�-iICH TH� C3.'PY NIAY ISS� ADDITIONAi OB�GA- TIONS PAYABLE PART PASSU FR�M Tfi� PROCEEDS OF SAID UTILFTIES SII�VICES TAXES, PRO- VIDZNG FOR THE APPI,ICA�ION OF SAIl] CERTIFICATE HiOGEIDS, HZ4VxDING �`HE TERMS UNDIIi WH�CH THIS aRD�NANCE MAY H� MflDxF]ED OR AMENDED, Hfi.CN1D�IG FQR THE RxGHTS ANA REME� DIES 4F HOLDEI3S �F SAID GERTIFTCATES, PT,EAG�N� C�RTAIH iJ'I'�L�TIES SERVICES TAXFS TO THE PAYNEHT aF SAID GERTIFICATES, AUTHORIZIHG THE TIItMS� EJCECUT�qN, REGIS�'R.R.T�ON', I85UANCE AND RIDEMPT�OH OF' SAID CERTIFTCATES� AUTHORTZ�NG TFi� REP�ACEI�NT OF %OST OERTTFICATES, PRpVIDII�Cs FORM �F CERTIFICAT�S AND COUPOI�Ss A�(NIDING Fi�ZM OF VALIDA� TIOH C�RT�F'ICATES� PROVIDZNf� APFLICATTON OI' �'i1H�S ANA SECURTPY ��}R INVESTM�NT OF SAiD PROCEEDS, PROVIDIAiG FQR �NFORCEMEI�T 0�' COLIECTIONS OF SAm TAXES� FROVTI?�NG THAT CITY BE REQUiRED TO MAIIJTAIN BQqKS ANA RECORIIS AND AI,�(l�T �NSP�CTION T}�ftEOF RELAT�AIir `1`0 5AID PROCEEI3S AND DISBIRS�MENTS OF Z3TTLITIES SERVIC�S TAXES, PRQVxDING FOR THE SEVEi2ABxLITY OF THIS �?.D�ANC� A�D FROVIDING F'�t THE EFFEC�ZVE DATE OF THTS ORDINANCE," heretofore enaoted by the City Cammission of the C�.ty of C],ear*�rater, Florida, on the 25th day of May, 19$9 (here3naf'ter referred ta ae "Original Ordinance�'), and 3.s supp�emental to said Original Ordinance. Tt is hereby found and determined as fo7.7.owa: (A} That conditi�ns ex�sting in the City of CZearwater rsquixe,for the . Ord. # 557 �t. f.wn�71�"�V'C�PYp . . ' f.�ij"Sl;M'!fMV.aw�"��i"': '� F#, .s1�,�,. %�'.r.: !�1� , .'I:hY ��.. . {•.'• 'k . . . . ��'�3+y��.;.:j�F."i�.:,¢i,�' (. F�'. '"> � . . . '4,�y^s.tii3,f�. Si" `4.<��i�"i'' .. ; �. �. . . - . . > /i;',yi:_y., : ��:�;° �.�. �i1';a s , . � . Ei't'� �"`++�'` �c, `' y� ,` � ' . : +�.�. ' , '•f'�• � , 't� ' ' ' ; ' . . ' ^�f? ' r ., - , ' �a -2- � f",� �� 'rl :". �;� a ` �"lr' 1 �°�e, . s�l !7'3'''= `'i, � ;{ i?4K', 1:1' 6�{! ��� � Y. � , ,��������� � �� h 1 s; ! �� � , !�1 7 '3Y'r,,�. �E 7 d �. �:'h'1�S}} i9� 9F�4' .�5���'� � ' �s �rt-�., v � � '�'���' ' � `4'aai' i��i�'�iR*WY`,;K Pt�•{3• t�� i..3, ;.� "3}" :' �'�: ��i�}s��y� ; }�:,i�f ��'� ,`�y. ,1 'I' `'1e' . ; �j�. .�� , , .S , . � . �� . � � � i j.. . � a :� . � . .o. .. 3 .� ' . ��, `, , : ,; <;:r `'1;� 1�' �`:' :���`r �q�„ I ..1'. ��� � t�' , '.!(' ♦"..� 1 ;�;.:,,.;;,, � ='_�Y..: �,rrT;� . �; ,;;��, .� ^i: ,:� .,,�.. ; ,r; , `� t ';'F.f:''t 9: �.��+`�`�;� ' ''�:1`b;ftS`"{:i;,Y�+,�C.fS; '»',a.��i•' g 's:�b s''� i``?. ,�k�wr.q r.i;.�r' ' �� a.'"�+C�}z• •y...i,�,if�Ci.'r;t',f..,' i � �a��,•.,- s , ,,:• 1 =' y.aer.�i .��4fe":� 'i��: � � ; ?��d��r�;t�. . w.u',, �� , . ,�� ��� 3' _ �, ��T'� G #� �+��,� �� � '.Tr ,� `'� ; :Y�'� �, �;�' � �� � r � „ �,,���-� � r y L�� � w � � r ♦ - � 1• ���'..Y37.•s� �'Y.'d:'� � n .:' � �:� �:,� r� , i, ' ��� � `;: '� �.. �`. ' '- , ;. r '.� �, ;'•:. � "J � } ;� "' j 'i" +s.�' *' Y .��^(• ��} 3• It�7,t. 3� IN 3� ,!'.. 1 '�' •-�Rl •;l.�3i Y�4;��, l;�k':sn€°y}-; -({. �' :r�• f.�:^"'. ;;,_ k�µ�i...;..t�?;;��]kR°�".'1"�t'�"''^-r n ,� ; �,, "; �.: ��•,';; •x K'�:4; ��.',�,.f';,J�1, ��r;::.:....,�; � • ��,�',iE.,��� ��".•.d:>'� •. , ' �"' �i`�,,'4"� . , � '.:i'�n��;:;; : °�ks�.�4��=.$'�'x.? �';"�: i�!'. ��::vJk�s.,^.�t..��';.•�y,,; �:1; r 3i}: or��{�v'�(;�' � ' ��°'y,t:� (',`�•`'• ��t ;�.�YM1'1' ii� r l}� ! �r j. , •.i��s. L ---, � � w � • � � y+µrr�,,.t.:+�r�r;t"llt�x.•'^.°isfc`Y�a�.A�t'ii�3c�ti`�wr-ky-,au.51.'s"itd.`i.. ..�"��. ..�'�',�*%� y�':--�� .� •.^[^_:°'�. —r�..r-•.f.r..,^'..'.+�^'^.^-'""�n+.�:,�w:�.+;:;i -r-�--'^��T'-'•.i .,���y�g5�' �����. ..... .. . r__�r.i' _. ;r.s,.,_'�?+'.'Fi:..,. _n,. �,i.�_ ..:..S�1fEiJs`�.z'.il����'�uiA3e�i�.�_...i?�Cik i. �, r ,a . )r�y �. : i ; i , . ��,,��° praservation af the public peade, hem�.th, propez�tyj safety� and we].�ar� af the citizens and inhab�.tante thereof, the immediate acqui.si,tian� construat3ony �nd �am� pletion o� the follawi,ng impravemsnts arid betterments {herein cal�ed ��Mun�.c�.pa�. Tmprovementa"): ,(1} Ths confltruction of a new C�.�y Hall £or the City sub�tantialZy in accordance with tho preZiminary p�.ans� specifinatione, and estimates nc�w �n Sile in the nffioe of the Ci�y Clerk. {2) Tho acquisitiot► oY ri�hts-of�way in order to w�,deri and ex�tend certa�n stree�s in the mare congested areas a� the Ci.ty, aubs�antially in accordance with the preliminary p�ans, apecif�cationa, and eatimatea norr on fi].e in the offioe of the City Clerk. {3} The constructi.an o� three new �ire stations in the City, substan- tially in accordance with the prel3.mi.nary plane, speci�i.cations, and eat3mates nde�r an file i� �he offi.oe oi the City Clerk. (�) That, purauant to Chagter 22829, Laws of Flarida, Acts of 19�t5, as amended, �he City Com.�ni.ssion did, by Ordinance iVo. 811, enacted February 16, ].959, levy ut3lities servicas �axes on each and every purchase in sa�.d C#.ty of eleatricity� metered or bot�tled gas {natural ar n�anufaatured}, �rater 9ervice, and xoca�. te3.ephone serva,ce in the manner pxovided in said statute; that said utilities services taxes are no� p�edged ar encumbered zn any manner and that no abligatione oi any kind are chargeable against said utilities serv3.ces ta3ces or any part thereot� excep� as follows: The City has heretofore issued its Util.ities Tax �mpravement Certificates, dated June 1, z959, notr outstanding in the pr�.naipal amount o� $3,2b0,000� maturing in numex�.ca7. vrder on December 1 of eaah year �n the years 1962 to 1989, �nc�.usi.ve (herein calZed '�Outstanding 1959 Certif icates"), and �.ts Utiliiies Tax Zmprovement Cert�,ficates, Series o,� �9ba, dated December 1, 195p, now outstand�.ng in the principal amount of $8l�0,000, ma�uring in numarical order on Dacember Z a�' each ysar in the years 1962 to I990, ine�.usive (herein ca],led "Outatandin� 1960 Certiiicates'�), which by their terms are payable from and securad by a I.i.en upon and pledge of uti.l.i�3es servicea ta.xes in the manner provided in the Original Ordinance. {C) That said Origina� Qrdinance, a.n Sectzon �.6 thereof, providea for, the iasuence af pari pasau add�.�tiona7. Certificates undex the terms, lim�.tat�.ons, and aonditians therein. 0 (D) That the average annual Utilities Serviaes Taxss callected for the twen�y-four (2?�) months immediateZy preceding the date of adoptian of this ordi.nanca Kare �569,a5o. " , f]rd. # 957 - 3 - %� � . . :fis- �=.��.f-�-,��-.•.,•-.;� ,�-- - - , f�y. � s ; .,•:�. � ._,, , ; ,i � %:'e ; . .' . ', . , . ��5��;�;..��,»�,.,.;,:'7;t',;i.; . '. :i�%!�MY';t ;6sP�,}t•vi.F. • , ' 't'"•:,{'%,. . � , . ��:ti;:y^ ;:i;r,: g'€7:�a;f��t'i:����` ti.' . ,. �,�:��y,;�.i� .�zt..��a. .:k:�.:1 : '�% � ' .rY ���r''f:�yY• �d.� ., , . . .,ie; `lf '- � . . ' . . .. ' . _ _ _ . _ M�t'►�'M!r'i�#:'."t'�"�.�!'�z i�r'rn'.z-+w�t '.r [ ... . a a. �, �f.� ♦�r. k: ::1:�7:� ��,... �w'rF7i" Sc�:i!���,YZ�d�� �:,s'�'�;,s`-���•'��i%.?�'>''y,' � I �fi: � .:;�p � +.!�� ' i� � s s�,r Sf; • � c 'i j g��;T.�7�V���E�f%' 1:�� �'r��� i� 1'�' . . ,� ;. � . _� , ..; ,; • . 'z� . �-�... • ., s .. . . S ' _. • ' .;°. . ,,,. �:w�`�;?��;�!:;u��.;; � fe";�;;;.'��«�����i:f.���,'.''" }.;�.::,� � �.�Y�l���`s"�.Ai4i�[��ii.i'��`1•�S�•H �', , , . ik i:f, vir... :'� � '� ' : � . I' i , . . ''� {., {y' . . _ � . . . '.`�'r . .. . " �'�,' �: � ti. . . .. . �'[: d '. r R� � s-. �:' ■� � . , � ��� bi:'.t`��i!fi� � ��S`i' L! ���.L�^.� ' �SS � �� '�� � ��'y -�' .%P `�; 1� ...�. . ,. _ 1.Y3iii..}.^.:. ..z,. . ��, _?," .11'r:`- � ���:,���.,.��:rc: :A�S;�`;;,.�•�z ;.�:;: +�y::r, `_s ' " _ F•' 6�.. ti1..fe�.e_. i�+,�Y,�-..�' _ -�`r�.r;.,'-�,�.gye ___� � �. �— . �._. ..e�''.i\ .a.. ....�] ..�. . �^�� (E) That the Cext��.catea authari.zed ta be i�su.ed pursuant to this ardiw ngnce eha�l be on a par�.ty with and rank equa].Zy a� ta lien on and saurce and secuxity fbr payment �rom the Ut�.li�ies Serv3cea maxes and in a].Z ather respecte with s�tid OutBtanciing 1959 Certiiicates and wi,th said,0utat�nding Z960 Certificatea. {r} That the City �e autY�arized to isaue the Certi.fica�es au�hori.zed herein as pari passu add�.tional nertificates within �he authori2ation conta�.ned in Section 16 of naid Ori�inal Qrdinance. {G} That the U'�iliti.ea Serv�.ces xaxes pledged hQreunder wiZl be aufficient to pay al�. of the principal, of and interest on the $1,800,000 i3ti.Zities Tax Improve� men� Certif3ca�es, Series of 19b2, authorized by thie ordinance, ea�.d Outstanding �.9$9 Gertificates, authorized by said �xi��.na3. Ordinance� and said flutstandin� 19b0 Cer�ifir,ates, autharized by an ord3nance supp7.e�sntal ta said Original Ordinanae (hereinafter referred ta as "196d Supple�entaZ Ordinance"}, as the �ame shal3. become dus� atxi a11 reserve, sinki,�g fund, or other payments pravi.ded �or herei,n, in said Orig3nal Ordinanae, and in said 1960 Supplemen�al Ordinance�and that i.t wi.1Z never be necessary ar authorized to 7.e�y taxes on any real property i.n said City to pay the prinaipal of or �.nterest an any o� the Certi£icatea to be issued purauant to thi,s ordinanae or to tr3ake any of the reserve, ainking #`und, or other pay7r�nts pro- vided in this ordinance; and �hat the Certificates issued purauant ta this ordinance sha13. not constitute a].ien upan any of the properties of sai.d Munic3.pa1, xmprrnremen�s ar upon any other proper�y whatsvever of or in the Gity. 5ection 2. ORAFNANC� TO CONSTI�i1TE CONTRACT. Tn considerati.on of the acceptance of the Certifica�es au�horized �o be 3.a�ued hereunder by those who shaZ� hoZd the sarne from time to time, this vrdinance and the Original Ordinance shaZl be deemed to be and sYta�.2 canati�ute a contract between the City and euch Certificate holders, and the caivenant3 and agreerr�nts herein set �ortn to be performad by said City sha11. be far the equal benefit, proteatian, and security of the 1ega1 ho�ders of any and al,�. o,£ said autstanding Z95q Certifica�es, said Qu�standing Z960 Certifi- cates, and t}�e Certificates issued hereunder and the caupons attached thereto, a11 of which ahal], be o� equal rank and wi.thout preferenae� priarity, or distinctian of any of the Certificates or coupons ower any otherP tl� reof except as expressZy pra- vided �here�.n and herein. Section 3. llE�'INITIONS. That a11 the de�in�tions con�a�ned fn the Origi.na]. Ord�nance, in add3.tion to �he deii.nitione con�ained herein, shall apply fu11y to the Certificates issued hereunder. Ord.�9S7 _ � _ � 1'� ,; �.1 • r.,Y'i:,.�....- .:,�'Fp-e�k� �, �.Yy'.� . ���r.�. .,r„y�.,�� : �°�`= i: �'���'� :� :.t. �,�=,3•� ;;.: . � • •�tfti� ��4� c . , . ,t :,' ,•yf„ ; . � � . d v.. � i t `. F. . e" . ,� .. .,. . ; .� � .. • t �� .. , ., t,, � � . •�.' t • . ' � � , �.. " � � ..: . .. . . . ;: � . . ., a�.fe� �t4.�.. . , ,. ���ti;, �.;'-:�.� �> .,.,=f �:;;. , � '!°b�t E{,L�M 3,^.,x� , ;�4�„� I,, �, j, j�,.C�ti .f i.�F.Y+it:yi<� %� ',����.,:.'i:�;,�;i'�i �.��r}�!±`,;}*f�[� �' ;;:,�,'"r�����-��,":,�:'S�~'x;; '.:. ��.µ ..��:,f:, y�.l�`".w�'' 'r����:�� ,.< � , , ;t� ,r �����.�. �� � , �_�� ��<<:�� . . . /� . �� . %.. � . qY�..v...,�._..�.�.,,yern,�.++t► .. �t s .. �r . .r.a r� �•'r4:e'�T'.ip�i•�����r1� x r�11, " �i•' ��' �'��''. , 1d� • � �.� . . P'Y'. . . f �'$ .t• 'f"=.� "4�,.. . ' ��`�I:��- '.�-.(.."�.'�.�, =5� `Y�F'°,.�i''-�'F"��i •� .C. . ":. ., , . . . � � � � ' i - . ' S�' .,. • ' ' " ka ^ i`p , .'6�.�i.., 'p� �m';�-i. . . , ', :r";�': i.l`w�" � s��,�'�. ;' . .. . . . , . . ' ., '•i. 'i, �rX�^Gd , i: t,� , • '�C . � . . ' �. 't;'. :_5.s7"�-,�"3'�11��' :� � �q '� , . � � , 4p;�L' °'' ' , . . . � " . � � . .. - . . .. : { . s.r.:l�� . .. .� N � . . , `v�. ,� �C� YM'�.t-1!wT't�C+�CY'L�i"1a ra T�. r• �+ .� r ... . _ k ` � � � .„ _ •— . • - - - - . . _ _ � � . .f� �-1� �• �. ;�.;'' � ;�� � �. � '� • .t `� � ''�i � ,� s �'] � � 4r� � ,� i .� -�� s _. rr�='� ; y---- -----:...,..,�:Q,,.r..�._�;._-... �fi.� �<?:,� s� .'i�.'�yi» _ .wf..1S� .: _ . . ..Y:'. ,.,Ai�F�.`�;.. S4 �e- : �j SI�� .� e :t 4'aiiFS`.x3ti:Y4�oii:�]i�F'r1��. :t�?"� s.• �} � `2�f�, �.. 0 � 9 1 t�'f��,. 11 ARTTCLE I� �' � nUrNO�rznmzor� or zM�tav�ME�tms Soction �.,� That thoro ia horeby autharized the construo�ion, acquiei�inn� and compint�on o� the kiunicipal Improvements aet for�h �n 5ection 1(A) hQreof and other pur�osea neceseary� ap�urtenant, or inoidental thereto, 3n acoordance with plane und spac�icationa thero�or appraved by this City Cammiseion, at an eatima.ted oast to �he City o� $1�f300,000� Such aoat sha11 be deemed to incluae the cost of the construction and acquisitian of sai.d Municipal. Improvemonts, inaluding the acquisitiatt of ar�y lands or interest there�n or any oth�r properties desmed necessary or corivenient therefor; intsrest upan the ilt3litiea Tax Impa�ovemer►ta Certifiaateg, Ser3es o� 1962, isaued pursuant to thia ordinance, fram pecerr�er 1, 1962, to and includir� Septemher �0, Z963; engineering and 1ega� expensas; e�tpenaes far estimates of casts and o� tax revenues; expenses for plana, speci.i'icat�ong, and surveys; e�tpenses for �3.sca1 or financial adv3.sors; admi.niatrative �xpenses relati�ig sole7.y to sueh Munieipa� �mprovements; and such o�her expenses as may be necessary ar inc3.den�aZ to the f�.nancin�; authorized by this ordi.nana� and the construction and acquisitian af �he Municipal Improvements authorized by this ordinance. ARTICLE III AUTHORIZAT�ON, TII3i�15 AND FO�tM OF' CERT�FICATES. Section �. AiJTHOR�ZATION OI' CERTIFICATES. 5ubject and pursuant to �he prov3.r�ions of this ordinance and the OrigznaX Qrdinance, obligati.ans af the City of Clearwater, FZorida� to be knowri as "iJti3.it3.es Tax Improvement Certificatea, Ser�.ea af 1962�" are hereby authorized to be issued in the aggregate pr�.naipal amoun� of not exceeding One Mi.11ion Eight Hundred Thausand Aol�ars ($1�800�OQQ) for tha purpose of financing the nost of the Munic�.pal Improvements as provided i.n this ordi.nance, ` �'i�;.S . , i4^,�"�;i;i :,. , �•�� -: ��� Section 6. DFSCRIF'PION OF CERTxFICATES. The Gert3.fica�es shall. be r . i.s��s; � ` •'. �;�� 'fi:;� - dated December i., 3.952, shall be in the denomination of $1,0�0 each; aha�,l be � numbered from 1. ta �,,800, inclusive; shall b�ar in�eresi at a rate or ra�es not �. �` ��� � exceeding the 1ega1 ra�e, to be determined on the sale thereaf, payable semi- +�•. ,� , annual].y on June Z and pecember 1 of eaoh y�ear; and sha11 maturc� seri,alZy i.n numerical. arder on December 3. o£ each year� in the �ars and amounts as fallo�rs: Ord. � 957 =�. � :,�.-. . . . _� � �- '— -5- ;' �� c f.41�}tfi�i ;-r',5:����,��°.� ?�'�iY.�'' {-,';�_. `Si�c`N�!'''! ';.•.., yR•�'','j . . . ' , . �, � � _ . . � �. t;��Y}`7,J��5�,��aa.F�T'y} _ taY'%7.i%���Z�' .i�; '��:.1'� . , Y� ' , . �yi �4�rr�«.ifi�3'%ly��%.�::�, .•f,""}. `l�i.�� •k .i'.� .E'•'. ' . .. . ' � .. . �,�i ;��Ss;,:x. �' �-ar�} : F�S�u'�, ,,..' _...;, �.; 1 y��.�', , . , x�%v��%t�t.lhf� �1�� 'i�,,� �r�`'•r".".•�'-'' ., �;ti`. :��i1��i,�''�"'i�.9�( y; rs�;,�'nY�::,'��,:: '�: , � ��e: .�.;�' .:c�.i.$�`,���,L`- � : i:� ,~t.• � • � ; � � , . . . . . � .. . � F'_ �•` , ' ' - , . ' ; . . . . � , ` 'rFS+�lt�'AMles'�'"Y:*�cscYt s�-r •r•.�ra v.r r w' . . . �...�. � . .. . ._._ _ . . .. , �T�,. - - --,:;v. i � � ' : l �. •4�,g� L�, � � a"�� , ' i fA�, , �w?', 1 C�Fy,a� �� y�ij j� µ��J;y.;F Y ��+y��y f�3+��y�°� 5 ?i�' ;.f��;����?i�t M�,��i�d'� 2 t.;: " = .y, Ra f �', ' `t, �,�`.%��.�': �i� 3B � . , � �` M�y y,+ . , r k��-�y,. •�.€ ,' .,:i !. � . t �}'. .. F.. , . 4, .t:�'� ' ' " , ,' . .` �r . � . :r. r:��:, , � ^ t.s '� �,�' ,;: \. . . "1 . � y • k.. : ; . �� � '.{. ,.. A °�E�..:stf?., ' .:- .� ':,'�..�;t � rl;, k , :..r : ,`.-: �f, � - .,t,,,1: ;w . �.f ..,�:� �.t��. �ei',';:,; s.,'„ i'? �p.� ;�tt.�,fi :'�:awi.:�:��F;+.� t� ��•�,;� .�� i/ ���.;r. . �J°;;w,,.. ...r.�:3�..; �,..+,ij'�.ak+a ' , . . , . ; , 3� . . � . . +t� '1' _ 'h;e� r .,• ,ty :;_�•.r � . ' " . �:� �. � � ''.' . �x�, !u ,' ■ c� ,' . f ,; . �;� ... � . . • � ' � , , , � , ,r.� � � 1 l 5 , . � ' .. ' � , , ' . . , . , r , . . . , } . , . � • . • . � ' . . ' w ' . , � , ' . * . � � , . . ��• `S�j;t �?-..i'` �P' i�1�:,Y,'�.i,i' ^t�: a�� ^t:�T' .`�. � --- .-----� � --- ` � � '47i�+Ff:"'�'��`.'�7Fs z�::{."'�.,'-�'..�Yz.�:3�'."��.��c'''}_--':.'"-��..`:'?.: .;.�w.�. r,. ,..wg.T.s� _.-��-.-:-r�� r�.SS "- .-:.^- ��i:'; �-�+,-�v^=:T_':. «-e�+a.�^.y.� ."7�:' .'�:, _..., .�i,_;,'v:'eistt4::��4�'.. c.�'[',�.:..r:id?:.��4J�liJS.Ji:�':''tC, :`3r:.�'e'_'�..�:3i�: ,.:�fi.E :%��stL' Y: C'-. p ,. .n�,�k�'a respect �o both prfnaipa�. a nd intereat At the prina�.pal a£Sice ot The ChaQa ManhattAn Bank� New York C3ty, NeW York� �n Zawfu�. money of tha iftti.ted StAtae o� America, and ehall bear ir►tere �� from their date, payabZe in accordance with and upon surrender of the appurtenan�t interest coupong ag they aeverally mature. Section 7. EX�CUTION OF CERTIF�CAT�S AND COUPONS� Said Certificatea ahe7.1 be exeautad in the name of the Ci.ty by the Ci�y CZerk and C3.ty Mana�er and caun�ers3gned by bhe Mayor-Comm�ssioner and shall have impressed, 3mprin�ed, or reproduaed therean the corporate seal of �he City or a�acsi.mi.le thereof, and said Certificmtas sha1�. be approved as to Sorm arui eorxectness by the C�.ty Attarney. The �acaimil.e signatures af said City C3.erk� City Manager, Mayar-Commisaioner, arxl Ci.ty A�torney may he i�pr�.nted or rapraduced on said Certificates, provided tf�at either tt� City C�.erk, Gi,ty Manager, or Mayar�Cammissioner shall manually appZy his signature on said Cert3..�icate�. In case any one or mare of the oFficers who ,ahal� have signed or seaZed any of the Certifiaa�es shall cease ta be such of�icer oS the C�ty i�efore the Certifioates so si�ned and sealed sha7.7, have beer� actual,ly so�d and delivered, such Certi.i'icates may nevertheless be sold and del3vered as hQrein provided and may be issued as iS the person who signed ar sea].ed suah Certificates had not ceased ta ho7.d such off�.ce. An3r Certif�.cate may be s3.gned and sea].ed an behalf of the C�ty by such persan as at the actual time of the executian of such Certi�ica�e sha].�. nold the proper off ice zn �he Gity, although at ths date o� such Certifiaate such psrson�may not have held such office or may not have been so authnr�zed. The coupons to be attaahed to the Ger�ificates sha11 be authent�aated with the �acsimiXe signa�ur�s of the present or any future Mayor-Commissioner� Ci.ty Manager, and City C1erk of said City, and the C�.ty may adapt and use �or thst purpose the facsimi].e signature of any person who aha11 have been suah Ma�ror- Carami.ssi.oner or Ci'�y Manager or City CZerlc at any ti,me on or a�ter the date of the Gertificates, notwiihstandi.ng �ha'� he may have ceased to t�e such offiaer at the tima when such Certifi.cates sha1Z be aatua�ly so1.d and delivered. Section 8. FORI�I OF CERTIFXCATES AND COiiPd1�S. The text o� the Cert3.fi- cates and coupons and provisions for registration sha�1 be o� substant�ally tYra followi.ng tenor, with auch omiss�.ons, 3nsertions, and varie�ians as may be necessary and desirab�.e and authori�ed or permitted hy this ordinance or any subseque n� ordi- nance adopted pr�.or to the issuanoe thereof. Said �ertifi�ates aha11 be regiatrable, replaceablei and negotiabxe �.n the manner and to the extent provided in the Original Llydinance. � � -7- �. Ord. #957 �i?�"`.�r,'"',7.';k�,-i�i:-;`t :-�,'C,'�y'' ':'�'.•, , ; .�' , • � � r:y�,i1�;;.A� i�';,.�'�y'-�s3;�z'..'.iY.���. 'r,�i! � . �, y `'! �;'' rf .�'}�:;Y••��j� • •;,�' . �Y,�'•' ui J�t •'�' ' ' , ' • . m c� �� � P �, 6�i ' "s � � '.{j'iw.'��{ 4"•'ti'in}i��".1�C .����' I :i)��is'� �;l,'S.S:�?s'F'�f,�i'y. "v,��lM }�i� 4�i�ta-i+a'a��. . . . � ��% < . , . ! � � .„ f. . , .. . . I ,: '<;r:i';•. '.. �,S:,rr�'�'._;3:"r`: . • :;. . • , �� _. ' , � , •;F;: -•.�.` ,i,�, � ' ' ..��s:�>.. ��.,�.: ..:i.� .- 'y��J ^,�'r.:` ,r; "' . ; � ',;,.,'.'�:; ir _ ;:;�":.: �� <<-:;����-;.,{, :�--�Yn���. --.�'�'�'''r•'���,�, �'• `<:�,Lt _�3;. w.j`^=aJ �ri :';�Y�M'�,f`.1�r'. v� ` ;; � : 'i r���f•r��l�^�#.i•`1yst.rt.r�`I;�3?,j:� . �'"��i."� "�`r�^��+�s„'4„���' � :F��",t. �5�i: t'^'� ,f µ- �' , � R" V�' �>,, : 7 ��+. `j�`` 'T '�', I.���5n �.r #, `�; i .e�kj�li',. e. �' :i �y • ': . ' • .. ' .. . . ":rw ..�y� . _' . :��..,, n'r'w��.;Yc;;.'-,�:"j! �'' .;� �.,h:� �'� . ' ' . �ii • ' �" 'l ;•t r, j�f;_' �' . � � � r . � � _ . , . . . � �y� ' ' � ' , . ' � ' ' ' �'�: . . � . . � ., . ' . . ' � ' ' �•��`� t , � f� ' . . , � � � .'i � r � �— � � �� �: fl ,i�.?,.v � � � P.� �'� ...., _.�,=�%+�.:,:t'.�,'fz.i!�4'?.:�Janyr_�.r:t . f��j.�'� i a��t:�,i�. xo, uN�T�n sTnT�s ar nMCnxcn ��.,�n s�nT� or �LO�tmn COUNTY Or PINGLLAS CI7'Y OF' CI.�ARWATER UTILZTIES TAX IMPFtbV�t7EN'� CCRTIrICATi�� SERI�S C�' 19b2 '' KNCJW ALI� M�i� BY THCS� AtES�NTS, th�t thA City of Clearwater, Flor�. da, fnr va�.ue received, herehy protnises ta gay to tha bearer ar� if t�is Certitiaate „ be registered� to the re�3.stered holder am h�rein prrnr3,ded, on the lst day of December, 19 , fram the spec�.a�. i'unds hereinaSter mentioned, the pr3.ncipa�. sum of OI�E TH�USAMI DOLLAFtS ;z�";�.;;;'�_ �`"`'''S` �� ������'"��� w�,th inter�at therean at the rate o� par centum '.t.7y;f.�l��y �� t �b {' `Yk+;w� ;.r,,�s;�, a _`tl�� .�.,�! { �} per annum, payable semi-annuall,y on the Zs� day of June and the lst day riY? b .�^:_ sE•,,j .� ,� :st�" � �.����. o£ pecember 3n each year upan the presentat3on and surrender ai '�ne annexed coupans �� �' � i��a�:;s ' ae they seyeraYXy fal�, aue: �oth prinai�sal of a�d interest on this CertiSica'�e �"a � '+�; axe payabl.e 3.n lawful r�oney oi the United States of America at the principal ofri.ce ��� _�� s _r ,_ ''���:�, o� The Chase Manhattan Bank, New York C3.ty� New 3Cork. v fihe Certi�icates ot the issue of �rhi.ch th�.s Certifiaate is ot►e matur�ng a.n �he yeara �9bl� to �9'�1�, znclusiva, are nat redeetrs�ble prior �o snaturity. The Certifiaates maturing in the years 1975 ta 1990, 3nclusi.ve, are redeemah7.e pri.or to maturity,at the opt�on of the Ci.ty� on December 7., 197l�, or on any interes� payment date thereafter prior ta mait�rity, as a whoZe or in part, �a inverse numerical order af maturity ar►d by 1.ot withirt a maturity, at a redemption price of par and accrued interest to the date o�' redemption, plus �he foil.awing prem�.ums if red�emed in the following years: 3� of the par value thereo� if redeemed in the ysar 1972t; 2 3�� o� �he par value thereot if redeetned �n tkte year �.975; 2�,/2� of the par value thereof if redeetr�d in the year �976; 2 1/�t� of the par va3.ue thereof 3.� redeemed in the year ].977; 29� ai the par va7.ue thereof i,.#' redeemed in the year i97�; 1 3�l�� of the par value �h�reof if redeetr�ed in the year ].979; ]. �/2� o� t,he par va�.ue thereof if redeemed in the year �.980; Z �/l�,� af �he par value thereo� if redeemed 3.n the year 1,981; Z� of the par value thereaF if redeemed 3n the year 3.982; 3�1.G� of the pax value thereaf i� redeerred in the y�ear Z983; I/2� af the par va7.ue thereof if redeemed in the y�ear Z9$1t; Z�1�� of the par value thereof if redeemed in the yea�^ 198�; and wi�hout premium if xedeemed in �he year 1986 and theraafter. A notice of redemption aha�.l.be pubZished by the Gity at least onae a� leaat �hirty days prior to the date o� redemption in a financia�. paper published in �he City of �Iew York, �Iew York. This Certificate is one of an authorized issue of Certi�icatea i.n tite aggregate prinaipal amount of $1,&OO,Q00 a� like date� tenar, and effeat, except as �o number (in�er�st rats) and da�e oi maturity, issued to iinance the cast o� the acquisit�on, conatructian, and comple��on of certain Mun�.cipal Tmprorrements 3rt $he City of Clearwater under the authora.ty of ar�d in f�1.1 compliance with t,he Constituti,on and Statutea a� the State of Florida, inc�.uding Chapter 97�0, Laws o� F'].arida, Acts of 1923, as amended, and other appliaabl.e statutes, and Qrciinances dt�y enacted by �he Gity Commi.ssion of said City, and is subject to a�.], the terma and conditions of said ordinances. , This Certif3.cate and the coupons apperta�.ning hereto are payable aolely from and secured by a�.ien on and pledge of the proceeds of Utilities Services Taxes coll.ected by the Ci�y, in the mapner provided in the ordinance au�hor�.zing �his �.saue of Cert3ficates, and does not cons�itute an indebtedness of the C�.ty w3.thin the meaning of any aonstitutional, statutory, ar charter provision, or lim�tation, and it ia expressly agreed by the hol.der nf this Certificate that such holders sha2� never have �he ri�ht to requixe or compe7. the sxercise of ths ad valorem,taxing gower of said Gity or the taxation of real esta�e in eaid C3ty far the payment af the principaZ of and interest on �hia Certi�icate or the making af ar�y s3.nking fnnd, resexve, or other payments pro�ided for �.n the ordi� nance authariz�ng �his iasue of Cert�.ficates. Zt is further agreed betwesn the `. 4rd. #95i• _ g -- ;' � . . � . . x 4S w.. ;".� .7,� ,,h . ri,. ;i � . . . i�""awwa.^*'�.. ! .t, �� �kh .7!�, f:i,��5#y�i�i�r;.P;'�: +f- . , , . . � ,� :r.iYes"�7T.iT�!"/:�5�(��i 1" 4���' . . . • . , , ' �,���.r^,".4. . V�`' . .ij: i r.r.. fi,y�('21'�!�: "�n .: :; '•�1r�" . . . � . ;kL-. Y�:��Y\�:��s�h�}ii!�.S�,��i���F:�^� '�; .}. ..! � � c � � x.,�r`slh,�s.��.x.:�$f'-i:p�,�}:`J'c+1i�i.w�`•.1,t,� �e ' ' : .. ` . s ��[:' i y. •M� �.- �, x' , i t�'i. :4y,�' � ' :` ; .. t ' . �bl 3 � ' �i •�' � �. . ' . ' . �r't�' �.. �...... - , -�' � Y �� �. � a � ` �.t i�F� '�f4�4i�}j.r��<<j!'. ; �.��.. . _. � s<� , .. � "�.�, .. ;. ;,;.;��`};,�.� , _ � _ `; �;�,'; ''.;: ;Ir '�,: '1 .��- . ` ,.. . � �.. � 13• '`�.;t:i�"C.i," � . I'�'�'�,;�.,e�� . � r.•,,,�•z('�,�r�..n�Ei�a'J1D,,`^4�n�' ;y' . a ' s.,,;�,; ;- .,.e;�.�,' ";.. , �' �, ;': Z:;;, ;,;:±,�'r r' `i..: :•::' , �� � 1:.. : .; ,..; � '�` : ° �;.4:: y�� ;'� t: , ^ �'a•.�y� ,ij !�Ii3� r�.3�;" �'i: �.'�tl' 5�;� i`1�1'e, f`�T���IIj f ���r. i� tri' � �, 4 i; �:��;s kll;.�`.._ � r�'�`.1."i.' - , . . � .- "P,`. .M: . , �� . . �;'.5���1 ''r�{��s1�'.�,�E..'.4%fi�';='J'- R' �.. . . . .. . .�":�''i � . �. .e :{':, . . ' . ' ' . . . ,� �, '. i, a � � a 0 �,� t �. 0 � -...,..�.,.—� ' -..'-..c.r. , � .r. . � , . {:: i,j.' � . ,t;�.'i.'t.�ie:�.':St.:9 ^r:..�-i:... _..:;�:�?'14r.�?�'_"rs_Fi�:h4�??:^,5'r.�:� f'wii��3�ilYt.��'Y;� '.�"�tLir:,�_.'.�': ''ii:;,ft:.�� •fit �"��',ii ' .[.�L, � • ; "' � ��5�, �s Ci.ty oi' C�.earwater and the ho�dar of thip Certi�3oate that th�e Certi.��nate and the obl3gatiori evidenced therak�y ahal.l nat CpRa�.�,�tl�p a ch�r�e, lien, or encuin- branaQ, I.o�a� or equi�able, u�on tho afareo�id Municip�l Improverr,enta or any part thereoi or on any other pra�orty of ar in tho Ctty o� C1c�arwr�ter, bnt ahniZ aanatitUte a Zien only on said Utilitioa Ssrvioes Taxes �.n the mannor pravided in the ordinance aut��harixing the iseu�nae thorQOt, The Cer�ificates o� the issue of whinh thie Certificate i� one �re on a par�.ty and rank equaZly as to liQn on and souaces and �ecurity far payment �rom the proeeeds of the Utilities Services Taaces colZected by the Cit y and� in aZl other respecta, with ottts�andi.ng CertiSicates of an ori�inal issue of Util3tise Tax Improvement Certificatea in the principal arr�aunt of �3,zb0�dOD, dated June 1� 1959; $n ori.g�nal issue of Utili�ies Tax xmpravement Certi£icatea, Seriea o� Z9b0, in the prinaipal amount o� $81�D,000, dated Dec�mber 1, 1960; and any pari passu addi.ti.onal obligatians hereafter isst�d under the �er�ns, limi.tat�.ons, and condi- tione aontained in ttte ard�nances authorizing the issuanae of said Utilities Tax Impravement Cer�ificates da�ed June 1, �959, and sa�d Utilities Tax �mprovemen� Certi.fi,cates, Ser�.as of 1960, dated December 1, �.9b0. Xt ia hereby aertified and reci�ed that a�l acts, conditions, and things required to exist, ta happen, and to be perforrr�ed� precedent ta and in the is�uance of this Cert.ificate, exist, have:happen�d, and have been performed in regular and dua rorm and t�.me as required by the Laws and Conctitution oi' the Sta�e of Flori@a appl�.cable �here�o, and tttat �he issuance of �his Certifia�.te arui of the iasus of Certi�icates af whiah � his Certificate �s one doea not violate any const�.tutional, statutory, or charter Zimitation ar provision. This Ceriit'icate, ar�d �he coupons apperta3.ning �here�o, is� and has a11 the qual3ties and incidents o.£, a negotiabZe ins�ru�ryent under the 1aw merchan� and �he Negot�able Instruments Latr of the State of F�.orida, and the arigi.pai ho],der and each successive holder of this Ger�ificate or of the coupons appertainin� thereto sha�.l be concl.usively deemed, by his acceptanae �hereof, to have agreed that this Certif�,cate and the coupons appertaining �nere�o sha21 be and have a1�. the qu�,l.ities and inca.dents of negotiable instrumenta under the 1aw merchant and the Negotiable Instruments Law of the State af Flca�ida. The orig3nal. holder and each BLlCC�SS�VE halder of -�hi.s Certifacate and af the coupons appertaitt�.ng hereto sha11 tae conc�usively deemed to have agreed and consented to the ioZ�awing terms and conditions: (a) Ti�le to this Cer�ifica�e, unless regis�ered as here�.n provided, and to the annexed �nterest coupans may be transferred by delivesy in the manner pravided for nego�i.ab�.e instruments gayable to bearer ist the law rr�rchant and the Negati.able Instruments i�aw of the State oi F1or�da. {b) Any person in possession of ih�s Certifiaate, unXess registered as herein provided, or of the interest coupons hereunto appertaining, regardless of the manner in which he sha��. have acquired possession, is hereby authorized to repreaent himself as the absolute awner her eof and i,s hereby granted power to transfer absolute title hereto by dellvery herevf to a bona fide purchaser, that is, ta any one who sha11. purchase the sams £or value (presen� or antecedent} withou� no�ice or prior de�enses or �quities or claims of awnership er�forceab�.e agai�nst his transferar; every prior taker or owner of this Cer�i�icate, unZess registered as herein provided, and of the annexed interest coupons waives and renounces aZ1 of his equities and rights herein in favor of every sucn bona �ide pttrchaser, and �very such bona fide purchaser shall acquire absoJ.ute title hereto and to a11. rights r�presented hereby; and (a) �he City of C�earwater may treat the bearer o� this Certificate, unlBSS registered as herein providec�, or af the interest coupons hereunto apper- taining as the absalute owner hereof ior all purposes without being affeated by any notice to ihe contrary. This Certifioate may be re�is�ered as to principal only or as to both pri.ncipaZ and in�erest in accordance with the provisions endarssd hereon. IH WITNESS WHEREOF, said Ciiy of C1.e arwater, F'Zorida, has iasued this Certificate and has caused �he same to be executed by the manuaZ or facaimile signaturea of its C�.ty Glerk and City Manager and countersfgned by the manual �rd. #957 't�f�,� k..'f7?�r.��i,�`ik�;':;.':��;��J�,+'""".; .,•F . '. �'���f�fa •.�st. ! :_�,`.�,R� tc,�rt�L.�� ���r �'� ' , �r :�` "' �� !a y�F ?'� rl.�• 's, . . *t� � r�;�7+����y�Y ;Fi• ±ioil.•�t`SS K.,��•''S�• �•,���; `'.�z,.:i ; � � . . ti��_e�j,,.7t L'��4, z�'�.�i �.t:'�A �.'.t; .i •4; , : �;� ,l. YA{ N� . 1 • . . . . ,.." :^ti: ,;'�y , . , .. . . �`�� . . . . . , .. . . ._ . . .� _ Dz'+Zy!�,R�,1t�""r�++�ia'r'a�+�n•+w. - 9 - , �... ....:, . , � ...,,,,,,�. a•.rn,,,,_�•��..4;.,.,..,� 1 ' '.'' ' ' �.�� . � IJ ji . � R� s i�� , �. '1 , ! �f ;�S - i �'��r>�a's, ('lf.�'!'S�t i�r��,.�c� '� t{."� � Y��" ;^�;ri��, �,;.y�A��'�.r��rT. 1+ ���¢;� ,�: .,s3.? -�,�• 'p;:,i=., .l'�1�l• 4`7'�t`' �L� �'' f i . ii. ;�'-l��. ��F r . , W .',� . `r. .� . � i �. � ' . - s . , . • � •r . i _ :;- :�.''� . . :;•, �. . . . r`'7`'^!P='`i i.j`�=,fti ,. ;:� �,?''.��'':�.:�,����L`-�'4Sf7ryF;j �' ±.�!'2_i'rUn. J.S':�t�f,54[1Lj''FZ'�itiN�+'�• {:rF:°..f. _ '-�=�r..'T' F�`.. .. �.i"tYi , A • 11, . . '.s, S.:y� /'7 .. . ' � � ' .. ' . 1;�'. �� � ��� .., � � �_, ��w ,� a r� e � '. : f��• ' s?F`'� �i Al�.�i%i•" °'1 r i°}� 1�S d�� .S . '.� ��.._'.f '+C'�"a1 2'Si.. Yr . �. . . . '�j���eH='�r.:. �.k�v'.r+.���',. .�� ' � � . ... J�,s I�j��/"s:i ':Yjf ,�'?, ' • •• j� t `, 'y",� �3: � . . . ' ' +°,�e %'k nir.c� " 7;{'l;t �riis' _,''� � �w� �.. �:M. :'t. '>iy���.� ' � ,�`'�. •�•k''� ".A ���i �t ••i•' �:i- k�• �I. . . 'a . ','l�r�����'"'".r•"' i•.!„�, r. - ' ':; .: :�,;�., .^�:o�;:: , •r . . .. . r �:': x'� ' ' . 1` �. ��.. ' + ' ' ' �r:.,F:' .:t�.:":.":: • ... i � •j� - ' ...;�t=.�5j . . �• +, `q:'ty!''f' �.� '`,. >>'.ti�t[;:: . . , �'i .:i�f �).;i}�;�';.".,.�.0. ' .� � , • • ' . . , 'i! .��: �a ����:'3st^:f.1�.�'�<a':: Y�.��e; k ' 4� ��, i � . • ,��' � '-��, r,44', i .;lPS . •r,. . , ''. � 1': i . �f�'°. .�tf� �• t. ,�,t : , ' ,�.','.�1?;.��t•;,'`a}� }4 � " • ' ;'�;; r•t�: � a't� s• '�: si��. :3 .Fj3;;. �' � ,i.�' :.<^ : ,.i:' °'�rs'�"+ �� �'e . . �f i' �i f ��..' ,�t�• � t,,,'i,.. .}`�'.���'1s.1��� i . .r ' 1' ,� iwi';%r°. . 4� � - ;s�i.i i�. ; i• �f:.;,,�•i'�A,� • f,,-;:;v �-.;�,• -;:�: '�'^�$3i+�tix' �'C•" : t s.�.,' titi,: � ,.�aa:'r , ;'t4 �lY, p =:'r' ' ; �,' , ;,.' 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F�i�� . �s . .. �.;) L�iStii.��i�..��'vi� �i''�� ;$�' :,L�.�: � � :,Kl,i, aai :'s•;-:•. ;��, ..�` sit. i. : i ;=L�� �ne:h��±+l: ' ?r��4�E'.[+'. :.'ei: ���','�If'.,�: =tlr�k. . � lj' ��� �� ' '';y1 ` L , .� � �5:�' 'F. I ,` t ♦ • �:j:. `�' :;:�:�g':.��;.-i;R�,�f 1� ,�u ���'�f •.S� • �•:r •��`' �����n�a^F`:.1��� �.� . . . .��1���5�[�L�... '4.�:�� •�,.,•3 � `.` t , �: I �� -�✓� ', • '' �,i 4i:=r� .. ' i:• � �;=' � , , ' • ,��. . ' ' � �� . „ , � y5 ;},' � � ' , • � . . � • � ' �Y � i . � � .. ' wF�lLe�'�`':��;L1%. �� H.� �:'�}� Si� . , ' '"i F7! �� � �s ��, � � . � �' ' , .! � ' , ,c � �' •'� , ! . � ,������1ik��.,��±.Ywrx1'.'4:.4r'i�.34. i' . . � i ' , . . 4 . . ' ' ' �levr.r� a. � ��.�. �,�� :�1�f.:�q. .�i,.,"s:y ��'� jq `'•{� , ti.y) �;.;:S.V�' ;;r .r.<f.:_f,�,:'a:.'.i•, .1^.,r: :{` ;:,r.�,rt � �' . . 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L� � �1� "S;�`� arle�+� � �v• `: ,i.3:'��'.,i',.�.,:i,�.. , -',t';;c,ti y�I �f... .�', �{.i4i^T^ q �'y i'%Y� 1� i�lf'`':f' .°T'.^.\• f�.- ��{F�i��.�[�:��.�.�k�tiSi�2�1��+.Sl.'�, ��«r °. �:, :;�, .ts'f. n�,l_rc f.`�L`i;.4^� `.t,Y:` it,"'s,�'�� ��:,?�� 1i '7�.i:���if�"L�,. _� i-z� • . . ,. . , ,, •�',`�' ��;��,�a'4§'i �,'•a:'E 4•�'v� a.: �:,.,.�7�l�� K. , Yv��..'.T ��:[ i� s^i Ei�_ r..l� . � � ,� ��. � ��:. : . .as F/r'�� • 1• �.�Yf::1k��;�i�PY'.�:�•i' :.e�';i; �'��`� �'r. ;:;:,, r!' f;�;..`4i�'1.:: .;�, ���:, w....•: ,�:,. n. '. •i:+�..�.Sz;, . ,.`?:� '�c,.".=. ����`v�': ;�'':'.Z��'.l•..E`; �'��'.'~�'�� r- ��."'.!�t�;'.'l:7�i �'jti � �,r. i.,;.;,�<i, �•_�. ��tci' i: ;. � 1��� .. . ', ;�^: .,� ;f°i'� �`pj!,' ' : t'F;� ,;i•.�' �:'�:'?�• "'•a''r•. r . 7<. : i : �.Y i:'•t i.. �I ��i� ..�+,y` , .,r�1ji � '. j 1 ,,1' � ' � � . �.' '>• -rMti.w.:�..w�. ae. .F� � . .. . ... .'1�, 'E', r.f � 5 �� j � . , �'+rt ��. � r;,'� i�..Sa•�ik� { >���Y?�' i- ' • '. . � �.; s � �� l �_ �. � �gS7C�f`��t�'�t �` `'�.�, ., . .r ,..._ _ Y ...�.t� ,'', i".. . .,. e.`-,!t . c �� yi•R'J,�{ICFu• - .e;�;�Ff.i�:�; . .�': °1. � _ .. i.. . .'•! .��lYt � ( �ovzsraNa rori �oisT�tnT�atr ) 'r �', L � � Th3a Cert3Ticnte ma,y ba re�ist�red in thn name of the ho3.der on tne booka to be kept by the C�ty Tr��surer, as I�egistrar, or su.ch athQr Re�istrar • as may hereafter ise duly appointed, as to princ�.pa7, anly, such regiatration be�.ng noted hereon by suah Registrar in the registration blank below, after which no tranafer aha11 be v�l�d unlees made on said books by the regi.stered ha].der or attorney duZy muthorized and simi.].ar].y no��d 3.n the reg�stration blanlc below� but it may t�e discht�rged from re�istrativn by i�eing tran�ferred to bearer, aftQr which i� sha�.1 be trans�er�ble hy deZ3very, but i.t may be a�a�n regiatered as before. The reg�.s�ration of this Certi�ioats as to principal shall not res�rain the negot�ability o�' the coupot�s by de�ivery mere�.y, but the co�pona may be aurrendered �nd the interest made payable onZy ta the reg3.stered holder, i.n which event, the Reg�.strar sha11 note in the re�is�ration biank bel�ow that this Certi,ficate is re�;istered as �0 3nterest as wel� as principal and thereafter the 3nterest wiZZ be remitted by ma�,7. �o the regist�red holder. W�.th the consant of the holder and of the City of C�.�arwa�er, this Cer�ificate, when canverted into a Certificate regietered as to both pri.ncxpa�, and interest� may be recon- verted fnto a coupon Certi�icate and again converted 3nto a Cor�if�cate regis� tered as �o both principal and interes� as here inabove prov3ded. Upnn recon- versian of thi.s Certifioate, when re�3.stered as to principal and 1.ntereat, into a coupon Certificate, coupons representing the interest ta acerue upon the Certificate tfl date o� matuxi�y sha7.�, be attached hereto by the Registrar, and the Registrar sYta17, note in the registration bl.ank be�ow whather the Gertificate is reg�.stered as to principaZ only or payab�e to bearer. Aata of �n Whose Name P+Iannar of Signa�ure oi Rsgietratian _.Registered Registra�ion Registrar . : . ARTICT,� N SECURITY OT' CERTT�'ICATE5 Section 9. CERTIFICATES ON PARITY WITH $3,260,OOQ UTILITTES TAX IMPfiOVEMENT C�RTTFICAfi�S, DATID JUNE 1, 1959, AND �8�0,000 UTILYTiES TAX TMPROVEMENT G�RTTFIGAfiES, SERTES o� i9bo, DATED D�CEt�IBER 1., �.95b. The Gertifi- cates issued pursuant ta ihis ordinance sha1.1 lae: on a parity and rank equally as to lien on and saurce and secvri.ty �or payment irom the U�ilities Services Taxes and, in a11. other respects, with the outstandin� $3,2d0�000 Utilit�e s Tax Improvement Certificates, da�ed June �., 1959, 3ssued pursuant to said Original Ordinance; with the outstanding $51�0,000 i3t�lities Tax Imprwemcsnt Certificatea, Series af 19b0, dated Decemher Z, �qb0, issued pursuant to the 1960 Supplemental Ordinance; and any pari. passu additi.onal ab�igations hereafter iasued pursuant . to and w�,tnin the terms, �imitatiotts, and conditions contained in Section �E �t' ' said Original Ordinance. Section Z0. CERZ',IFxCAT�5 SECU�ED HY O�.ZGINAL 0[iDINANCE. �he Certifi-- cates authorized by this ordinance shaZ7, be deemed ia have been issued pursuant ., to the Original Ardinance (to whi.ch th3s ordinance i.s aupplemental) as �ul],y and � � � � - xx.- ,..i,� .. . O�d. # 957 ' ,. � �i . ,,; , f, �; . . �. , . . ,.;� ... - .31 . _ � _ f` . .. ,..... .�rs ;�w .� ..- . -� . . .i_.. .. . .... . .sr^ �'S,='fh�5°a�S�4Ys: i�L; 1 i �''�'�x; rE: :'' , A". ':9 ;� � • ,YqL,�" »�?_t���»' � �2,;�+''�+; t'.s",': . :. ' i i.�` �n, r.,..}�'iC (� �f� `u y'. r�- ". . .•����� ','`! -,;�s ���ir.. ,5�a:;. :;`���,�.�.;'°�' � , ,�,;;, , "e,�i.`;� r"�.5,s1�,.'�': <itl�:t3�: � �'.;, •, .�_ . �, �� { S'r�:e,`�".`•_�r}'.�,'-v�!le�",ni'..?I° f � � ' . ' . .:,A° T ��:�.7i•,:1. t �,'_''. +�� �.. . .. . . �� . � i� , . � ,5�..� . . . • . . _ .. .07�'9 #Y1�"�'.�"tf"n'rYk'[ L'T'� u'nwe '". . . . . , �s�v•_ r. +r.�..i..�W�-� -- . � � � :� y 4 ' s r y 'e � . i �., y'` r.� i°rs�.+5..,t� l� .1��ypf,r. i � , �f�, _. : :�. .-,; . . . , , � � . � � ' �" ;ra �_ ;�. � . . . • Y � -�� . ' . F ' . . ' . ;'• ..� ,. `"yt •�.' 'Y � :;"'�'� '� :.;'. , . �•;?r�`�*�;I.�.. :�,� . ; s�';�}'>;t� ',. :: :�{'(rti. �• �•,:,��}�;��''. �.�?»;�,:�;,5�:�:'��� .::�' ��:��k;. ���;�:,� ,:;�t�-,;,3�a�r;��?a•;,"r-,Y � . . �ca . ., ,. . �:., ... �w.:t,., . , , n.. ,. ,'�rgrr.� � � .9 ( .1 . �i�� "�.'Y �, z. �`ti. _r�., . � ' . .P,. ` . . . ..'�� . � . ,,S , _ `' •� ; , . ' r `� � �' i R i r�. ��ti ' �� � �4- :a �� » �� � 0 � � r?;.s, .'� a,'� � t 3�.s' .��. . ... .. ..._�• !. � n � ��'�'''�i'.�'� . . . '. s.° . n ..e .�.T.G . ;��;v�� � �H to the 8ame extent as the $3r25a,00q Utili�ies Tax Improvement Cor�ificates, dateti Juno �.� ].959, ori,�3,na].ly iasued pursuant to sa3.d Orig�.na1 Ordinance� and the $a1�0,Q00 iltilitic�s Tax Tmprovement Certificaiea, Ser�.es af 19d0, dated Deaember Z, i96a, igaued purauant to sai,d ].960 SupplementaZ Ordinance, and all of tho coven�nts and agreemen�s contained in said�driginal Ordinance sha11 be deemad to have been made �or the benefit, of the holders af the Certificates i9aued purauant to thia ordinance and the holders of any pari passu add3.ti.anal obZi�atians hereafter �ssued w3.thin the �ertns� limitationa, atxi canditi.ona con- tained in Sect3on 16 of said Or�.ginaX Ordinance as ful�y and to the satrse extent as for the holders of sai.d ou�standxng $3,260,000 Utilities Tax �tr�rQVemettt Certificates, da�ed June �., 1959, and said o�:tstanding $8l�0,000 Ut�.�.itiea Tax Improvetn�nt Cer�ificates, Seri�:s of 19b4, riated pecember 1., 196Q. All of the covenan�s, agreements, and pro�isions of said Or�.ginal Ordinance (excep� as to details inconsisten� with this ardinance} shall be deetr�ed to be part of th�.s ordinance to the same extent as if incorporated verbatim herein and sha11 be fu�.�.y enforceabl.e in the manner provided in said Origina3. drdinance by any oi the hn�.ders o£ the Cer�ificates iasued pursuan� to thi.s ordi- nance. � The Trus� Aacour�t, the Certificate 5ervice Acaount, and the Certificate Reser+�e Account, created and estab�.�.shed pur�uar�t to sai,d Qriginal Ordinance, shalZ be continued and maintained as provided in sa�,d Origina7. Ordinance as 1.ong as any o� 'ihe Certifica�es issued pursuant to this ordinance or interest thereon are outstanding and unpaad. Beginning Sep�ember �., 19b3, paym�nts into the Certi.f�.cate 5ervice Account sha11 be increassd by the amaunts necessary anc3 required for the Certi.fi- cates issued pursuant to �h3.s ordinance. The payments requireci �o be made into the Cerbifica�e Reserve Acaount, gursuant to s�i.d Origina2 Ordinanae attd pursuant to said 195D Supplemen�al Ordi- nance� to and inc�.udi.ng November 1., 1463, sha11 be made as provided in said Original Ordinance and in said 1960 5upp�.ementa�. Ordinance. Beginning wl.th December 1, i963, gnd on the lst day of each mon�h thereaf�er, th� C3.ty ahal7., from the moneys remai.ning an deposit in said Trust Aacpunt, apportion, set apart� and deposit in said Certif�,cate Reserve Account an amount equal to otte-tenth (l�ld) of a�.�. atr�ounta required �o be paid into the Gertificata Serv�.ce Account on said dates for maturing principal of anci interest on the outstand3.ng �.959 �gx't�,f�.cates, � � , � Ord: #957 ,: . e•l�. y,t�'�:r_i r�.. . - ' _ '-- � � - 12 - •r:_ , .r ,������-�.��„��=.r ,tti.n;r.�s. .�,t`.� -.. � '+'. .:.. � ` �is>��4t�r`<�CSK.��„�;;�iy ; e" . �� .: "%,��4s:?i'S�rs,�`3'�} �>i\;:`; � .. i �' ' � . ' . t•.. . ..�'i7r,,c�y7 �',�� �•'J.3i'. . . "s:'•F: :.t- . . . " . . :.�:�� r:.,�:�� ,i£, .:�'M i t����,,�' ;� �,;,:; �'j Y', ; '' .. � �. '. ' - � �A{: �i?� '�r:.�;,�cl,° • �,�: ; �l:��t�f4 �i`^.fi:t.: , .. . '� 1. �. . , � . ; . . � • ... ' . �.+;�iyi i•+.w�ww�..��Mw ..� ..� y-.r_ -.�. ,. _. _ . _ . _ . � �_ _ _ _� . _ ��? . ,... J • -"�'r•.�.;rw.t�Hxr.etwr��;-q-fi�:"r�u;+r±���it i,•. . ;���� . . , _ . , . - : ��� �� ? � � l � ' � � ' ' `1 ' `' �. . '.: J lT� 1, � t rs + �;��i� � I��).�i���� N' ����� �`.' 9���trtr� �P.,+t .� ��`, � :$.,:i� r �'i � , �� � *(�,..� �.� , i f S'i �L�:� .Gi.� . �.q�,�. ,irri�], :�;;,.Y';.�y..... • ` . � � �� r .a'��i� ,.`1.'�'i,�'' .�,�.e�4f-�,F '�.� � � „ . . i : . � ; � . , . ,'�:;i^,:;,-,. � � ,' {, t,�'•' '' �' '. �'•`, ('. I y ` ' a s �, 1.' "•t c•; ' .i. ��� ..y., p ' , ,�..`rt _ . ° -� ,`�}`k;;;'�:?�"�'�Y£V �::;;1':_,� .. i .�`�.:�:.,`: Y����� • �. i .:,: ; r� °. y�.�•. ,-.-, •. ; i' 4�'='��. :t��i f��''�^4.,'�'r;�l'•i i.� ' i; i �vw��'::n _J����=a:�;tP�%'�,c�y��.� .y ti�:� �. . �, .i�; t..� . . .�; � ` F� t� �, �. � � �� .� R�� 1� �� �4. �= : . , • Y`�i �' �,���. .-�"� .: , . . �'�: . _. �,.. . _ ..a. ,.. . E k�i5� . ���r �3= i thc� fhitptnnc3ln� 1960 CertiSicates, the Certifica�es isaued pursuant to thi.s ordinnnno, �nd nny pnri passu additional. obligations hereafter issued pursuani to tit�d undor tho terma, Iim�.tations, and canditians contained in Secti.on ld of tha QriginA�. Ordinance; provi.ded, however, that no further paymen�s sha�.� be roquirod tn bu made i.nto sai.d Certificate Reserve Account when there'shall have boon dopoaitQd tharain anc� so 1on� as ther� shall remairi on depos3t,therein an nmount oQua1 to 11Q;� af the largest aggregate amoun� whi.ch wi11 be required for ttfo pnytnant of mat�ring. pr3.ncipal of and �.nterea� on th� Outs�anding 1g59 Certifi- cntc�e� the Out�tandin� 7.9b0 Certificates, the Certifioates autllorized herein� and nny pAri psesu additiona�, obligations hereafter �.ssued pursuant to and under the tarmas l�mitationa� anc3 con@�.�ions contained in 5ect�.on lb of the Original Ordinanco in any succeed3.n� fiscaZ year. , No pre�erence, priority� or dist�nc�ian of any ki.nd ahall exist or be axercised in payments irom said Certifica�e Serv�ice Account or the Certificate Rose�rvo Aaaount between said Outstanding ].959 Cer�3iicates, said autstanding 1.qCsQ Certisicates, and the Certificates issued puxsuant �o this ordinance, and at�y' par� passu additional obliga�ions hereatter i.ssued pursu�nt �o the terms, lim��a�ions, and conditions contained in said Original Ordinanae. ARTIGLE V � APPI,ICATION OI' C�RTIFICATE PR4C�IDS �� S�ction 7.1. APPLICATION OF CE�.TIFZCA7.'E PROC�IDS. All moneys received � . , from the saZe af the Certiiicates to be issued under the provisions of this ..� ,� s ordi.nance shal�, be disbursed and applied as hereina�ter prov3ded: {A) Accrued interest on �he Cer�i.fa.cates to �he date oP delivery �hereoi sha1.1 b� depasited in the Certi�icate Ssrv'ice Account. {B) �n�erest becaming due on �he Certiiicates fram the date of the Certificates to and incl.uding 5eptember 30, 19b3, shall be depoe�.ted in the Cert3.fi.aate Servi,ce Account. (C) �he balanae of the proceeds a� sale of the Certificates sna�.1 be depoaited by the C3.ty with a bank or trust company authorized to exercise trust powers and which ia a memtasr of the Federa7. Deposi� Insurance Carporation, as Trustee, �.n a�rust fund to be knawn as the '�Construction Trust Fund," under a Construction Trust I�und Agreement ta be hereafter authorized by the City Com� miasion and to be entered in�o between the G3.�y and said bank. The balanas of the proaeeda of sale of the Certi#Y cates sa depas3.ted in said Conatruction �,, - Trust F�ind ahal�. be used and applied to the payment of the costs of acquisiti.oa, " . „ ;;:• .. . � :Ord.. -�, 957 , , _ 13 — ., .� �;; ; �> � ,�� ��: � . s :, ., � , . -' � f .,a�� � :;,; ;� �; • . -�� . . , . . , . . . � � a c r,i �4 " , _ ; .,,, :,=� _ :,. , . ,.a:, . . r:;�. .v •.Y, , ,,: � `'•'1 }`is�•,i'�,'�1`=`5 " '� 1:�` � tys� , ,j.. • . ' , . � ' �� � �� ,.'���iF��.�i1�yYi:�jr�.. ::1'��� `,r- � . , , , , ,'^ �� � , ���.s,�I.'`f'�l�.�Y �J'3:�-ir:'9E�-.tC='•s$:,r.; ;�,:. :i'',tel•'•` • :.' . . ' ' ' . . ' ' ' . ' .. ' � , . . ' . ;,��r'� �• r�-,s��� �;�.., °s,s°,rt;: . .• � r' . . � � ; ti%:��'`'t''ti:.<«,���;.���";.5.r;�'�• .�i `y.., . � . . , � s� '+: .i: �jiti.'zq , • '. ?• . , . ' . ' ��4 . ... � ' � s . ~t•� � � r^; . . . . ' . . � �� . �'='��LMt9�!'if�1"7t.,'z�wr�rr a r�.�S.•'r...-�:..ws. _ '_ - � ' ... � . . .. . . . : r �,., .�. �. ..._� �.� a,�:���.: ._. ., ��i v n� �� Rr � 'r:., ., � �a r �- � �r4�,�'°- �.ti..';�:��„%,-j��y�;:����y: ` � �'�� e iryiirT�r s...l i/ !�. �, .�S' '.:��:�s'.i.�"'l. C.. .�e. .{.: • , . � 'i � � .,�; � . , � 'F � :, ` � � . ' .. � ,.,, ' - ,,, . '-��" ; n' i�;..:�k• . , ; �.' j,t ,-��• :�f.; ' ��" ��,;: :�.;,;;;t�' .1 '•;.;�r;<'{. F:,�.,': �j,.�; .,k:. 'r;.:�i......:dS.°�� ael'1�.tilr�rrH se:! �'�` ."�:'_ ,"��'.. ..f.i;�,..�eh�,��s ,. . � ���Y�� +��. .` � ,i ,{ � � ..� F�i ',j �! �51 .� i � � � � i �4 i 1 �< � � � � �?�7'..w�� w'_*.v.�._;.",.r�� ;w •e-^°; er�-�,.....a :. s y . . . �^� .�.4.�.. � � � . .. I'. . �ir7i `�;: aonetrunt�on, and campletion of the Munie�pal �mprovementa horein authorized and for 1,e�aZ and engineering cxper�ses, fees of fiscal or finanaia�. agente, and axpens�e in conneat�on with the 3ssuance and sa�.e of the Certificates. �n go spplying the moneys in the Construction Trust Fund to the payment of �he ao�ts oF the anquisi�i.on, construction, and comp�.stian o� �he Muni.cipal ' Imgrovementa, the Ci�y sha11 no� be bound by the estimaies of cos� af any project inc].uded in, sa�.d MunicipaZ Tmprovementa, but ir�ay use any moneys in said Construction Trust Fund ta pay the cast of any such praject regardless of the estirrui�ed coat thereof. If for any reason �he moneys in the Construction 'Frust rund� or ar�y part thereof� are not necessary for ar are not applied �o the purposss p'rovided in �his ordinance, then such unapplied procesds sha3.Z be degosited by the C�ty, upan cer�if�cation by �he City Engit�eer that tkt� Municipal Imprwaments have been comp�etec� and that suc h surpZus proceeda are na� needed fnr the purposes of the Construc�ion Trus�t Fund, in the C�r�ificate Reserve Account and shall be used only �or the purpases there�.n provided. Al1 such proceeds oi the sale vf the Certificates shall be and con� stitu�e trust �unds for the abave purposes? and '�here is hereby created a�.ien upon such money unti.�. sa app3.ied in favor of the ho3.ders of the Certiiioates. Such prooeec3s of �he Certificates, pending their use �.n the manner in thia ordinance provided, may be temporarily inveat4d by the Trustee of the Construction Trust �'und, �pon direction from the C�.ty, ir► fl�.rect obligations of tne Uni.�ed States of Am�rica matur�.ng nat ia�er �han �welve (12) months a�ter the makittg n� 9uch inveatmer►t. AR`�TCI.E VI MISC��I�ANEOUS Sectian 12. MOIIZT'ZCAT�ON OR AMENDMEl3T. No materia]. mnda.fioa�ion ar amendtnent of this ordinance or of any reaolution or orciinance amendatary hereof ox aupplementaZ hereto may be made withoix� the consent in writing ai' the holders oi two-th�rds or more in principa7, amount of the Certificates then outstanding; provi.ded� however, that no modification ar amendrr�ent �hall permit a change 3n the ma�uri.ty of suoh Certificates or a reduction in the rate of interea� thereata or in �he amount ot the principa�. oh3.iga�ion or af�ect�ng �he uncondi- tional promise of the City to pay the principal o� and interest on the Certifi- cates as the same beaome due �rom sa3.d UtiZities Servicea Taxes or reduc�,ng the percentages herein required for such moc}ifica�ion or ams�dments without �he consent of the halders of auoh Certificates. f+r � ht �. � i .� :�;��.�,:.'��.,'a.;::;'"= �v�"{`�>'�` il �te`�.•f.�ri>:Df�;�ti�.i:n-:i +''i*r:'.�E' : ��tij�ri�`o�I.;«1^:.ihl` :�i'n,�� �I 1• :�Y� � � �� � . . :If ,;.; •.� . . r•.� , ' 1, . r ',`• •'p. � ;;;. , : ��,,. ;; ' . ...• � . .. . 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