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0489 Annexation of PropertyBOUK 256 Pir- 99~ ORDINANCE NO. 489 AN ORDINANCE AMENDING THE ORDINANCE CODE OF THE CITY OF OKEECHOBEE, FLORIDA; ACCEPTING PETITIONS FOR VOLUNTARY ANNEXATION OF CERTAIN PARCELS OF LAND IN THE UNINCOR- PORATED AREA OF OKEECHOBEE COUNTY FLORIDA CONTIGUOUS TO THE PRESENT BOUNDARIES OF THE CITY OF OKEECHOBEE; PROVID- ING FOR THE REDEFINING OF THE MUNICIPAL BOUNDARIES TO INCLUDE SAID PARCELS; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH; PROVIDING AN EFFECTIVE DATE . WHEREAS, the owners of real property in an unincorporated area of Okeechobee County have petitioned the City Council for annexation of said property; and WHEREAS, said property is contiguous to the boundary lines of the City of Okeechobee and reasonably compact; and WHEREAS, the City Council of the City of Okeechobee wishes to accede to the request of the owners of said real property for becoming a part of the municipality of Okeechobee and WHEREAS, Florida Statutes, Chapter 171.044 provides the means for voluntary annexa- tion of real property contiguous to a municipality and reasonably compact; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF OKEECHOBEE, FLORID AS FOLLOWS: SECTION I: In accordance with Chapter 171.044, Florida Statutes, the City Council has ascertained a petition for annexation of real property adjacent to Okeechobee City municipal boundaries bears the signature of all owners of the property in the area pro- posed to be annexed and upon adoption of this ordinance said boundary lines of the municipality shall be redefined to include said property described as follows: Lot 6 and the south half of Lot 5, Block 44 Lots 14, 15 and 16, Block 45 Lots 14, 15 and 16, Block 52 Lots I1, 12 and 13, Block 52 Lots 1 thru 6, Block 53 Lots 1 thru 6, Block 68 Lots 11 thru 16, Block 69 Lots 11 thru 16, Block 76 Lots 1 thru 6, Block 77 All in Conner's Highlands, as recorded in Plat Book 1, Page 21, official record, of Okeechobee County. SECTION II: This ordinance shall take effect as provided by law. Introduced on first reading and set for public hearing this 29th day of June 1983 Mayor ATTEST : City Clerk Introduced and passed on second and final reading this lstday of August 198,3. n • ~0 Mayor ATTEST: s i w~ s i ~n~ €ss~ L S~~~ 1 r ni~iltl J~ QH333Ha City Clerk ZQ a 03113 IN THE CIRCUIT COURT OF THE NINETEENTH JUDICIAL CIRCUIT OF FLORIDA, IN AND FOR OKEECHOBEE • COUNTY CASE NO. 2 '5 CITY OF OKEECHOBEE, FLORIDA, a DIVISION: municipal corporation of the State of Florida, Plaintiff, Vs. STATE OF FLORIDA and the Tax- RE: Validation of not exceeding $3,212,900 payers, Property Owners and Citizens Water and Sewer Revenue Bonds, of the City of Okeechobee, including Series 1983 non-residents owning property or sub- ject to taxation therein, et al., Defendants. COMPLAINT TO THE HONORABLE JUDGES OF THE ABOVE STYLED COURT: Comes now the City of Okeechobee, Florida, and brings this its Complaint against the State of Florida and the property owners, taxpayers and citizens of the City of Okeechobee, Florida, including non-residents owning property or subject to taxation therein, and all others having or claiming any right, title or interest in property to be affected by the issuance by the City of Okeechobee, Florida of not exceeding $3,212,900 Water and Sewer Revenue Bonds, Series 1983, hereinafter described, or to be affected in any way thereby, and respectfully shows and represents unto the Court as follows: 1. The City of Okeechobee, Florida (hereinafter called "Plaintiff") is ti municipal corporation, existing under and by virtue of the laws of the State of Florida. 2. Authority is conferred upon Plaintiff, under and by virtue of the laws of said State, particularly Chapter 8318, Laws of Florida, Special Acts of 1919, as amended and supplemented, Chapter 166, Part III, Florida Statutes, and other applicable provisions of law, and Section 3.04(K) of Ordinance No. 356, duly enacted by Plaintiff on February 22, 1972 as amended and supplemented (hereinafter collectively called the "Act"), to issue revenue obligations to finance the acquisition and construction of extensions and improvements to Plaintiff's water and sewer system, (the "System"), as more particularly described in plans and specifications on file with Plaintiff (hereinafter called "Project"), • and the cost of refunding Plaintiff's outstanding Water and Sewer Revenue Bonds, dated July 1, 1958 (the "Refunded Bonds"). LKL 6/22/83-151 -1- 3. Pursuant to the Act, Plaintiff did on June 20, 1983, duly enact an • ordinance, (hereinafter called the "Ordinance"), providing for the issuance of not exceeding $3,212,900 Water and Sewer Revenue Bonds, Series 1983 (hereinafter called the "Bonds"), for the purpose of financing the cost of the Project and refunding the Refunded Bonds. A certified copy of the Ordinance is hereto attached as Exhibit "A" and made a part hereof. The Ordinance, inter alia, amends part of Ordinance No. 356, duly enacted by the City Council of Plaintiff on February 22, 1972 (the "Original Ordinance"), a certified copy of which is attached hereto as Exhibit "B" and made a part hereof. 4. The Ordinance provides for the issuance of the Bonds to be in such denominations, to be dated, to bear interest at a rate or rates not exceeding the maximum rate fixed by the Act or by other applicable law, payable annually or semiannually, on January 1, and, if semiannually, on July 1, of each year, and to mature on January 1 in such years and amounts, all as shall be determined by resolution of Plaintiff adopted prior to the delivery thereof. The Ordinance fixes the form and other details of the Bonds, provides for the manner of issuance thereof and further provides that such Bonds shall be payable solely from and secured by a lien upon and pledge of (1) the net revenues derived from the operation of the System, (2) the proceeds derived by Plaintiff from its public service tax levied and collected pursuant to Ordinance No. 216, duly enacted by Plaintiff on October 8, 1945, as amended or supplemented from time to time, on every purchase of electricity, bottled gas (natural or manufactured), and local telephone service within the corporate limits of Plaintiff (the "Public Service Tax"), (3) the amounts due and payable to Plaintiff under franchises granted by Plaintiff, more particularly described in the Ordinance, as such franchises may be renewed or extended from time to time (the "Franchise Revenues"), and (4) the revenue sharing trust funds received by Plaintiff pursuant to Chapter 218, Part II, Florida Statutes, as amended (the "Guaranteed Entitlement Funds") (such Net Revenues, Public Service Tax, Franchise Revenues and Guaranteed Entitlement Funds hereinafter collectively called the "Pledged Funds") all in the manner provided in the Ordinance, on a parity with the Plaintiff's outstanding Water and Sewer Revenue Bonds, Series 1972, in the manner provided in the Ordinance. Certified copies of the ordinances pursuant to which the Public Service Tax is levied and collected and pursuant to which the Plaintiff receives Franchise Revenues are attached hereto as composite Exhibit "C" and made a part hereof. 5. The Ordinance provides that the Bonds shall not be or constitute a general ' indebtedness of Plaintiff within the meaning of any constitutional or statutory provisions, LKL 6/22/83-151 -2- but shall be payable solely from the Pledged Funds, all as more particularly provided in • the Ordinance attached hereto as Exhibit "A". Such Ordinance further provides that no ad valorem taxes shall be required to be levied for the payment of the principal of or interest on such Bonds, but that such principal and interest shall be payable only from the Pledged Funds mentioned above. 6. It is estimated that the Pledged Funds described above will be sufficient for the payment of the principal of and interest on the Bonds and to make all other payments provided for in the Ordinance. WHEREFORE, Plaintiff prays that this Court will enter its order in the form of a notice directed against the State of Florida and against the several property owners, taxpayers and citizens of the City of Okeechobee, Florida, including non-residents owning property or subject to taxation therein, and all others having or claiming any right, title or interest in property to be affected by the issuance of the Bonds or to be affected in any way thereby, requiring all such persons and the State of Florida, through its State Attorney for the Nineteenth Judicial Circuit in and for Okeechobee County, Florida, to appear at a time and place within the circuit to be designated by such order and to show cause why the prayer of this Complaint should not be granted, and the proceedings and the Bonds validated as herein prayed. Plaintiff further prays that upon the final hearing of this cause, a final judgment of the Court may be entered validating the Bonds. orney or laintiff David M. Conlon, Esquire Conlon & Tooker 180 N.W. Third Avenue P.O. Box 1 605 Okeechobee, Florida 33472 (813) 763-5555 LKL 6/22/83-151 -3-