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RESOLUTION
"`i z?, i',?' •k 'a :r:: :1,'<.,t;' No. 61 - 82
WHEREAS, The Bond Buyer has heretofore been-retained by the
City of Clearwater to perform services as covered by the statement
f fir"a' r'& ' f therefor hereinafter described; and,
7^ t`- 44?}'.. WHEREAS, said services, as so described, have been performed
?,:,<Ar t..• w==5'; - and there is due and payable said newspaper from the City of Clearwater
the sum of $258. 30, according to the statement of said newspaper dated
,i ?7 tF. LAS F:w':..;tir-•.-'?},.'''Y'' ''•:.r.
? '? .fit" . •+ ?i.:,:• _?; ', ;•s.
May 1, 1961, copy of which is hereto attached and by reference made a
?a?ti:r <k??p??.,?£,k3.?F;'_ ; ,, : =.• part hereof;
i. d ' ??' y3? y?r. C1;,=R'1f:.?r.stl, ?r{":'?i`:S?• ;?.? ''"'` '" °`? ' "'' Ff'i"'fi '' NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COMMISSION OF THE CITY OF CLEAR-
WATER, FLORIDA IN SESSION DULY AND
/- "' i ' rR• iv r?, ,i. REGULARLY ASSEMBLED, AS FOLLOWS:
1. That the sum of $Z58. 30 be paid from the Construction Trust
-en 1 ? 9? '•.Xi?iS?°i+,t7?7A''•=•i ?aL-a_;,?35''"???t,??'
?i' r ,,?,<';,.,••.,? Fund by the Bank of Clearwater, Clearwater, Florida, Trustee thereof
?r ? x..???,3'rr?- ?• r??''}`%: of Construction Trust Fund Agreement dated July 181961, which Con-
? ?? t, +ti+rt'?,,p Agcy'<l:?y #! _,
? ?--• ?' ?' b y£;? struction Trust Fund is derived from proceeds of the sale of Utilities
+ `'s?"1L=?ew4 Tax Improvement Certificates, Series of 1960,
3+i2. That a certified copy of this Resolution be delivered forthwith
to said Trustee, which said certified copy shall constitute the direction
iy?S : j?. Z? `K W# ?g h1 G .
of the City of Clearwater to said Trustee to pay the foregoing sum directly
? it2 + r ti ,'rtr
?= :gy??dt ? akE T
to the said newspaper forthwith in compliance with Section 3 (IF) and
. ?i`3 .'r + rf other provisions of said Construction Trust Fund Agreement.
f M PASSED AND ADOPTED this 7th day of August, 1961.
A ?
Acting Mayor-Commissioner U
Attest:
Clerk
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BoN BUYER Dr- r'{. F. P-,' -,V :1 r',
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'mod' ,' " •: •?(• i oiIY AM WtucLV fl llAeL S12111 ,,I.:P' ^5V t F'
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i,'i• ;?, ,: :'_t.i,: _ _ - .i E D I r t O N S NEW YORK A. rtY f tc?; ; ?.'; U..,.tE .f:'t?'a. u
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?. r%?; ?;?k ,:. ?t; ,"° + • C? earwater FAQ . ?5a.30 ::,
'•-•"`, ,"E' '.k:'= '•r• V stub with your remitta,ucr t cancelled et:eele is your recelyt :',;'
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??+i _i- ;i r',d.,. , I :,,,.,; ,:,-.:` THE BOND BUYER, New York R!, N. Y. biA 3 ,. :' '' _
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I To Advertising rrlcusa TIM8 RATS
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$81.0,000 Fonds 3.5 /8 oub e col umn
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t251 1 •30
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upon•requestTrnm the undersigned, or float Leedy, Whecfe?t,Lt?lieman, Inc.,
Orlando, Florida.
CI'T'Y OF CLEMMATER, FLORIDA,
FRANK ABERNATHY,
City Treasurer.
;,f t '''' ct: } ,:::'•;i'? tip'
'.Y:... ....r ?•...,....- .r a, .y _ ,. ?•.t,.r.u.,.. ..«.:,,'?;.:+-r _.. .......... w'?? - •; ?. - ,y:? .j;jA??a ?, o;.`l`.(,j,:
VLV .. •f4 '1 .f4`?.?j sb.<?. ?kzR'??hy
C TY OF +' LEA WATER;'
FLORIDA s,• . ai,
I ltilitio; Tax Improvement Certificates, Series of 1960'; i SF:ALF7I) PROPOSALS will hr received try the City ConnnisKiurt of tilt.
Cily of Cleurwriter, hluridn, al Itr ret;nlar pint:p of inectin8 hi the Clly ]fall '} r . w
in the City of Clestrwatrr. Markin, until two u'cluck 11. M. ]fixlern Slnndutd
Time,
51A7 _?a. 111111.
'
Sit ?'hich Hme wad place tilt proponalr+ will he Unbliely opened told read for
the purt'hase fe *834,040 City of elrarwater, Utilities Tax Impruvernenl:
Certiflcntex. Series'O 10011, dolled [)ccember 1, 111110, 'flip Curtithn[es will ho ,
81. rlnl Ct 1141 Ara tell I)Ult it t•I Sig fill mnti1y I)et•entli er I in years ISM ulnstlnts rat' '
follows:
Year Amount +Yeu1' Anittautt Year Ainnotit il
10412). 3IG,film. t •',11172 .. $25,0oii I4N2 $: o,4m1 "
Rtes 1Fi.006' t',t !117:1 ".'15,c01[ 1118:1 :IG,llllll l ,' !„
. :Ifi,lll111 '
ISIe•i.. 111,660 lll7d. 25,000 11,8•1
11111fi l6.06o 1675 2G,0U0 I Mrp '10,006 j'
ItIM; 16,000 111711.. 251,044 111813 -10,om I
11167. 15.0no 1077. 25,400 I hH i •111,0611 ?
IV1111 151,(104 11178. ... .. :i6,ooli IlIHB .1 ii,IH1111
IV60 - 26,4116 111711. :{f1,Olll1 151811 60,644 ?, ,•iS
111711 ... 20,4011 1!184... . , :10pill 701111 60,11110 t,
1111 1 510.404 11181 .. :In,000 r ''
Tite CertIItcates are belnu Ixnaed for tilt. purpose of providing Moll ys'i
for the cunstructiLta and artluisltImi (if certain municllttnl impruvementx, a i 1
descriptive of whirr, is c,tntnin'd In till' e111iltnm'e 11110007.1111K tilt' iKP•u+tnre
fit Koch C'1'tflClltea• It sfi?
The Certificates will be special ublivatlom of the City puynhIt. solely
from torstl Kecared by It lien upon mud pledge of tilt, utiliticK aersices taxers
cnllec[ed by the City In the munner In•uvlded ht the urdinunee nuthorlxlul.' tits I • 1'r;:,?., ;
isrtlntlrr of said CLYtific+ttl'x. Tile Certificitles are tilt it purity mid rank 1
equally us to lion on and suurrt and Kcrtu'ity fur payment frost staid ullllties' st&I
.'.;,•t
-4 , ?''.''•?r,?.? .,?
services taxe, ,ot}t uutKinnding ce,titicme;; u( tin uriuinsd I:Fxue of $:LVO,000
Uttlitlei Tn.e Improvement Certificates, doted .lane I, 105111. heretofore IKrucd
by the City. ,5•_.,t..;i;x.,'ti;'+
The Certificates will bu Ompum Cerliticnle.a to tilt' dentfinhutllilt fif
-" .
$1,(100 each 1't• "istcrable as to trlnci ltd only or as to both trint•I toll urn( ? ,- ,.,;; ;•
interest Sind snny be dischnt-ged 6.0111 l'U91Ktrati0rt by being transferred to
bearer. The principal and semi-amtual hiterest, June I and December 1. will j''? 7=?arr^ifi°r F
be payable tit the principal office of The Clntxe 31anhatiuir thank. Now York,
New Yorl,• '11' -,,:°, ',>''", . ;.f,.i'-,•i,3'-s??:z 111. V
'r'. ?'ai ? 141.' •'>''i, .,.1 •'S'?"e
The Ccrtitk•Sttcs nutiurinf; I)errmhcr 1, I1162 through December 1, 16740 me nun-callable, The Certificates tauturin6 Docember 1, 1075, through
1
I)ecetni,er 1, 11111 will lie subjeCt tit
""1''': ri:?'b;'•S
ltl•i'ol • tu ntaiul•ily uItrill
11. t
thirty (sU) dayK' ttutire published ht it tim1111'htl 11IIpL'1' In the City of Nell
`._. y
toll
Yurk, lit whole r in 1tort in htvelse numerical order of nuituril) • and by
t ., ,'•9L (rt. Fd?4,. '.R.,t 1.y7Yq??,.3;,t
within It matur fiity, on .Tune 1, 11 17.1, at. any interest pstymcut dote thereafter, t _.• r .:, t.,,;? ?:4(,o-?t?r,.
Sit tilt' putt! of pill' and s+cet'ucd interest plus the fullowini; premiums if :q 1t•'r y? Y{
redeemed in lhe'fullilwinR vellus:
3: in 1!17.1 1 !4'• ill 11181E 1 `s.", 7t. Sit
2% ill 1476 I t' ill 11181 : "„• mss`-._:,.
Vi,' Ill 111711 1' In 1682 }=r i •a'
23,i' fit 11177 n$' in 198:1 ? '%,: t, ult. q
2,•, lit 1478 !$: ht 1681 "?'1'':i:?i•" t r
1st In 1!1711 ti , in 1086 ? '.',; `c ,-
t
Without 1remittlt in WWI ut• 1}tereatter.
F neh ?rfipuz.ul must nuux• the role lo' roh•x uC inteu•xt, nut a•?rredlnt! - , ' - .'.. - f:v
6•, per annuls. !n multlpleK of ,G tit I f..4 of 1•., whlL•11 rho ('eoti0cateK ale tn'
1/a'sn•, Itiddern will he permitted it, mint' a dlirt-rent rite „( Illte•rest fur t'a.'1t
or any maturity, except that all ('rrtiticutes muturiuti fill the :;fungi daty an+xt. i ?,'S
hesu• Interest tit the saint' into. No prnpu:.nts of ltx>< Ihan ninrtya•ight per rrnl? :1•^'' ;;rf:•:
of the pat• value thereof and +trcrEled Interest will br entcl'ttlined, The
Certificates will be utvsu'ded to the h]dtiel' 111f4'I'rlli ill purrhurt• she ('e'rl[fiautr i • .' ti '
at the tawpst not hiterest rust to the C'ity.
Comparison of bids, ht deft-iminiuir solid lowest net interest cost n'ill be
made by taking: 01P Uggffe'grtte ltuttuat of interest at the rate lit- rates tpecflltll,;t
compulcd front JUIIP 1, 111111, to the respeelive maturity dales of
Cet•tifirates, and deducting therefrom tilt. st11n9unt of pr•etnltitit speclfied, It
;? "`-'•'.: : `; ': :;:' ' .''.
tiny, Or ridding thereto tile. discount, If stay. %
Each proposul submitted must be tin it form fnrniKhod by the tinder- .I a„
signed, mast be enclosed in to settled e•t,iclu !
Ite marked "I'rupuxnl for Utilities
Tax Improvement Ccrllfiratt'K, Series of 1tNIU;' and must be urcontlrunied by 'f .. fa,. •
IS certified or bank cashier's check Cur 80D, 1 toYbla • u
S111. +t arandilhttwIl Go the older of the City of Clearwater, on uhichno Interest will be ulhtweJ, ;' ;
The checks of t' '
the unsuccessful bidders will he ulse n ,
? th...
returned rnukluF.
award of he t
t CertifietteK. The check of the Kuccessfu
I bidder will be held
s;
unrashed as security • • •
for the 1,u tutmaucc of his 1n•u!to
x'r 1
.1? loll lit lilt' event
that the auccessftel hid
der shall fail to comply with the terms _
(if his In•uposal,
the check may then be eutiht.Sl moll the pruceeda thereof retained Its +utd for
:':
:
(Lill liquidation <1f dunnrt,re,.. Whelk the lucre„sftt 1 h ,•';?:'
Idder shall lutel• folly ..
cnmltlled with the terms of his prupuaul, fir If (lit, City $hall fail to isxut'
deliver the Certificutex, the check of the xtrecssful bidder will be rcturued,
1101% cry of the Certificatcx In r dt'4niiit 'f•
facto Will be made tin ut• uhottl ?:. f, cry. ?::;?; ='t"•:Ss•.`;?.t.
(eau 24, l1ilt 1. Thr upprovin tipbt[ut ,.f r.<r., c' 1l Lsl TrlmbI
a I Marshall, t a@ ?lilrhrlf, XL•te York City, twill he furnis}ard u•ithuut V-1-11 t, tilt-
Will purchstscrs ; '` ''" .`;?,,?' ';?'^'' ?'•'1?? LL'uF;T •Ni'. 11:x' ;.f,,ni
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of the Cartifieatea. At, > .' ;,'. .:i` -•'I ,, ?1 }''y*s t't it`'
Tha Ccrti lutes have Isacn validsttcd b7;4s+'!C tit till `" ?•.,:'-?'• `'•?' .:''<^`,; j ?:at..i?. "y, t:
Circuit Court •af -Hnellaa Ct %v irioiitlt:
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;S '•'.'' ' z f r ? : : :c>-, ,',:. ,• BAIMARA BA:-.KER, duly S '. ' '.,-;?', ^ ^°_' ,:'',';'''J
:sx ;x '- ,Ps •.?r:?<,s r„ • = .?, _?'(. f eshe is the Advertising Clerk of T13E BOND BUYER s r. ;:; 4' 6' , i , L?,:? yI
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s s'tt> f y.< }t F;t;,a-. , ' t' ,. t'• F's. daily and weekly newspaper printed and {sublfshed at ?`° ' c: r,:,,^?ria. ?, "°i''
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Ci :?M .,?s .:1 ; ':r;s`- .', ;• .?. "' ti G Pearl Stteet in the City of New Yark, County i'.', -a?4`,:''r''; ° °'t `?;t
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.r . r AMELIA R. ALTMAN ?."
Notary Public, Statee of New York a
. - No. 21-SON750
. , . Qualified in Kinga County : ,? `
,? •' • „ , , _ _ _ Crrtifieate in N. Y. Co. 'j
Term aspires March SD, 1962 ,
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