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0077 (Issuing Bonds)I R.DI Ni;.NCE NO. 77 N ORDI NANCE 1ROVI DI NG FOR THE IS'S CE OF BOLDS BY 11111,'" ILAYOR AND CITY COUNCIL OF THE CITY OF Ora'ECHOB EE , F.)ID.1, FOR THE UIL3E OF EXTENDING AND EXPAND' NG THE W.ii.TE S Iva.. OF TH CITY OF OKEECHOBEE FLORI Dt., FOR FURNIS 1-1.1 NG WATER 1=,ND PI RE R0 TECTI OTT FOR ERECTING WATERWORKS , LAYING WATE1:':;. 1URCEASING LAND FOR ERECTING THE SALE ThEREON, AND FUR ALL OTHER NEUSS ARY ThINGs IN CONNECTION TI3'111 TN; FOR THE FUR- THER 1UO3 OF YE/ AI :RI NG , COES T RUCTI NG , .=ENDI NG il\TL EX1AND- I EG SEWERAGE IrcLuDE:a jT CONNECTION'S UPON CERT AI N AVENUI , 6 '2 JJ.JJ G1101:: , AND ALLEYW4ZS , OR -2.A2.TS THEREOF I1 THE C1 11Y 01' - TIC ,a DA; IN 4:,LL I. TS LET AIL:L. ; FOR THE FU1T ILE R. 1U RUe E OF 212,4ECT, I NG A LUNI PI1A14 L DI liCr I N 4-';iND FOR TNE CITY OE OKEE C HOB FLO-RI , TO ROVI DE -t.Sit.r2E JLRITER5 FOR TRE CITY GO VER1.1:ENT AND THE FI RE DiE1ARTLENT PURC11-1;.S I E G LAND FOR ERECTI NG- THE i.iE THEREON , AND FOR 4:1LL OTHER NE CJ 4RY THINGS IN CONNECTION THEREWITH; FOR THE FT:TRTHER :11TRIOS E PROVI DI NG A LORE A DEUATE FI RE PROTECTION FOR TILE CITY OF OKEE- CHOB EE , FLCRIDR, 1JRCHIE OF ENGINES , ROSE OTHER. E011- LENT , AND FOR KEETI NG 1' ,::alLENTS ON a:011MENT RE VI GUS LY 2URCHS ED; FOR TEE FURTHER IUR10SE OF ILAINTAINING THE CITY 1ARKS OF THE CITY OF OKEECHOBEE , FLO RI , INCLUDING PURCHASING OR LEING OF LAND ANL ALL OTHER THINGS NECESSARY TO IM1ROVE THE 1ARK SST; FOR THE FURTHER :PURPOSE OF OPETTI NG , WIDENING OR le.A.1/1 NG IN ALL ITS DETAILS CERTAFN AVENUES, STREETs OR -1ARTS THEREOF 111 THE CITY OF OKEECHOBEE, FLORIDA, AND DESIGNATING THE AVENUES, STREETS ca -1ARTS THEREOF TO BE 60 IM1ROVED, AUTHORIZING -LIEN CERTfFICATES TO BE ISSUED AGAINST l'BUTTING 21D2ERTY WHERE NEW STREETS AND NEW SEMRAGEMAINS ARE CONSTRUCTED; 2ROVIDING FURTHER FOR Ti E CALLING OF A S PECII.iL ELECTION FOR Aic.cROVAL OR eifil CT I OLT OF THE ISSUANCE -2-- OF Sii-LID BONDS BY THE ELECT01,-3 OF THE CITY OF oKEEcHoBEE, Eri,okaDA; hUID 2110VIDING FURTHER FOR THE 2RO-RATING OF THE LONEY OBT.AINED BY s ID BOND LIONG THE VEP NTERieRiSES OR LiROJECTS ET FORTH HEREIN. BE IT ORDAINED BY THE MAYOR .111) CITY COUNCIL OF THE CITY OF OICEECHOBEE, FLORID-e;.. Section I. The Layor and City Council of the City of Okeechobee, Florida, subject to the provisions of law and this 01dinance are hereby authorized to issue bonds of said. City, under the seal of said corporation in the amounts and for the purposes as foliose's. I. Ninety thousand (90,000,00) Dollars for the extension and expansion of the water system of the City of Okeechobee, Florid.a, for the purpose of furnishing water and fire protection, for erecting waterworks, laying water mains, purchasing land for erecting the same thereon and for all other necessary purposes in connection therewith., 2. Ten thousand. (110,000.00) Dollars for the repair, construction, exten$ion and expansion of sew- erage including all connections upon certain avenues, streets and alleyways or parts thereof in the City of Okeechobee, Florida, in all its details; for the pur- pose of paying the City's portion of such improvements, _ the balance of two-thirds of the cost of cons tructibn o4 f 11.0 all new sewerage lines or mains to be whared against the NNW abutting property by issuance of lien certificates in the amount of one-third. of said expenses to the property an each side. -3- 3. Fourteen Thousand (4a4,000.00) Dollars for the erection of a municipal building in and for the City of okeechobee, Florida, for the purpose of providing adequate quarters for the City Government and the Fire Department, purchasing land for erecting the same thereon, and for all other necessary pur- posee in connection therewith. 4. Three Thousand (3,000.00) Dollars for a more adequate fire protection for the City of Okeechobee, Florida, purchase of engines, nose and otner necessary equipment, and for meeting payments on equipment previously purchased. 5. Five thousand (5,000.00) Dollars for the main- taining of the City larks of the City of okeechobee, Florida, including the purchasing and leasing of land therefor and all other things necessary to improve the Park system. 6. Fifty thousand ($50,000.00) Dollars for opening, widening or paving in all its details, certain avenues, streets-or parts thereof in the City of Okeechobee, Florida; for the purpose of paying the City's portion of such improv- ments, the balance of two-thirds of the cost of construction of all Avenues, streets or parts thereof to be charged a- gainst the abutting 'property by issuance of lien certificate in the amount of one-third of said expenses to the property on each side. The streets, avenues or parts thereof to be eo improved are designated as follows: Paving Osceola Street from 11. 2ark Street to Eighth St, Paving Sth Street from 2arrott Avenue to Osceola Street Paving 7th Street from Osceola St. To Hiwassee Street. Paving 6th Street from Parrott venue to Hiwassee St. -4- Paving 5th Avenue from Osceola St. To Cherokee Street. Paving Osceola Street from 7th Street to 5t1i Avenue, Paving 1st Street from Parrott Avenue to Kissimmee at, Paving End Street from Parrott .venue to Kissimmee St.. Paving and widening west side of Osceola Street from Louth Park Street to 7th Street, Paving South Park St. from Parrott Avenue to Cherokee St, Paving Cherokee Street from South Park Street to North Park Street, Paving 8th Street from Tallehassee Street to Cherokee St, Paving Cherokee Street from North Park St, to 9th Street. Paving Tallahassee Street from 8th Street to 9th Street, Paving avenue "13" from Hancock Street to east side of. Wright's First and. Second addition to Okeechobee. Paving Avenue 'D'1 from Hancock Street to the east side of Wright's First and. Second addition to Okeechobee, Paving 7ri;ht Street from Avenue "I)" to the South side of Wright's First and Second addition to Okeechobee, Paving Palmetto Street from Avenue "D" to the south side of Wright's First and. Second addition to ukeechobee. Paving Kissimmee Street from First St, To 2nd Street. Said bonds to be signed by the kayor, countersigned by the Pres- ident of the City Council and attested by the Clerk of said. City wi6h the zeal thereof affixed, with interest coupons attached, si::ned in like manner with the facsimile signatures thereof lithographed on said interest coupons. The amount of said bends shall not cxcd 172,000.00. Sedtion 11. The Mayor shall, as soon as prcticable, after the passage and approval of this Ordinance issue his ieroclamation eallingAa special election for the City of pkeechobee, Florida, to be held not less than thirty days from the date of said proclamation for the purpose of submitting to he electors of said. City, the approval or rejection of the issuance of the bonds provided far in section one of this Ordinance. Said notice shall be published in the Okeechobee Flews, a newspaper published in said. City, said call to be pub- ished in five successive issues of said newspaper immediately rior to date of election. -5- Section ii. That the form of the ballot to be used at said election shall be substantially the following forM; OFFICLid, B:LLOT Lunicipal Bond. Election July D. 1924. City of okeechobe,e, Florida. Lake a cross mark (X) before your choice " FOR WATER" ( Vote for one) For Bonds. Against Bonds. ,TFOR EWERAGE " (Vote for one ) For Bond. Against Bonis, " FOR MUIUCIL BUILDING" ( Vote for one ) . For Bonds. Against Bonds. " FOR (Vote for one ) For Bonds. Against Bonds. It FOR 2ARK5 " (Vote for one) For Bonds. gainst Bonds. " FOR STREET PAVING " (Vote for one) For Bonds. 4.gainst Bonds. 1T -6- Section IV. The Mayor in his proclamation calling for the election herein provided shall name three electors of the City of Okeechobee, who snail act as inspectors of said election and a Clerk thereof. Should any of the inspectors or Clerk' so appointed fail or refuse to qualify the Mayor is authorized at any time prior to the opening of the polls to name additional inspectors or clerk. The inspectors conducting the election aforesaid shall immediately after the polls have closed count the votes for and against each project oi tne proposed bond issue and immediately certify the result of the same to the City Council. SectionV. At the election to be held as provided in this Ordinance only persons who are registered and aualified voters under the lags of the State of Florida, and nave paid their poll tax for the luat.two years; and have resided within the corporate limits of the of Okeechobee for six monthsprior to said election, and who are bona fide owners of real estate, (freeholders) within the limits of said. City of Okeechobee, and who nave paid the taxes, State, County and City last due thereon, and actually voting, shall have a right to vote in said election. The City Clerk shall, twenty days prior to Laid election, open the registration books at the City 1:all, and keep the same open for eight hours on each week day, for the registration of electors; and snail close the same ten days prior to said election, said. Clerk shall have full power to administer oaths to all perso applying for registration. Section VI. The bonds issued under the provisions of this Ordinance shall be in denominations of IL,000.00 each and shall bear interest, payable semi-annually at the rate of Six per cent, per annum, both principal and interest payable at the Ban t of -7- Okeechobee, Okeechobee, Florida, or at the Aeuerican Exchange National Bank, Bew York City, New York, at the option of the holder. Said bonds to be dated 1st D. 1924; interest tot% payable on the First day of and of each and every year after date of issuance until maturity of said bonds. The principal of sitid bonds shall be payable as follW.w: 17,000.00 on the First day of D. 1944, and ayad " 17,000.00 on the First day of July of each and every year there- after up to and including the first day 0. D. 1952, and 49,000.00 on the First day of A. D. 1953; or in case all the bonds are not authorized then in the same proportion as nearly as practicable. Said bonds to be numbered from 1 to inclusive, or in case all of said bonds are not authorized, then from 1 u2 to and includino, the proper numeral for the amount of bonds authorized. Section VII. Should the issuance of said bonds be authorized by the required vote then the said bonds shall be issued without delay, and the City Council shall, before such issuance provide by ordinance for the redemption of said bonds at maturity, and for the payments of interest upon the same by a tax levy of a sufficient tax levy of a sufficient millage as may be necessary for such purpoSe, Section VIII. If the result of said election provided for in this ordinance shall be againat the issuance of bonds then this ordinance shall be null and void. Section IX. This ordinance shall take effect immediately upon its passage and approval. -8- Read a first and second time, and by unanimous consent read a third time and passed in open s.ession of the City Council this the/0 i day of A. D. 1924. 12s RDIT.0,1D this day of D. 1924. Mayor of ee - chobee, Florida. $ PROCLAMATION OF SPECIAL BOND Under and by virtue of authority vested in me by ordinance number 77 , of the City Council, of the. City of Okeechobee, on the 14th, day of May, A. D. 19Z4 of-Kay, A. D. 1924 Florida, passed in open session and approved by me on the I, T. W. Conely Jr., Mayor of the City of Okeechobee, Florida, do hereby proclaim and declare, that a Special Bond. Election, by the duly qualified electors of the City of Okeechobee, Florida, be held at the(Feent710e4zt-444.94) in the City of okeechobee, Florida, during the regular hours of voting, on Tuesday, the 17th, day of June, A. D. 1924, for the ;purpose of voting authority to the Mayor and. City Council to issue bonds for municipal purposes, in accordance with ordinance No. aforesaid,published below, 0,,,A--711.algt_ cLja40(1 t(6:s. The following named'electors are hereby appointed to serve at said election, AMO. C..- R. 6-t-115-446L, . b tkA, Inspectors and E. (AA. IAAJALLAA)4"s election. -.110011-0111101110$ e Clerk of said. IN WITNESS WHEREOF I A hereunto set my hand as Mayor of the City of Okeechobee, Florida, and caused to corporat&ox seal of said. City to be hereto affixed, and the same attested by the City Clerk, this the day of itc4X, A. D. 1924. _ATTEST. o heO.tY of Okeechobee, Florida. MaYW the y of okeechobe Florida. -4. t 1 4 ORDINANCE NU._ AN ORDINJiCE PRO VI DI EC FO 21-i u CE OF BQND BY LiAYO R AND CITY C CUE CI L OF THE CITY O EE CHUB EE , FLORI , FOR THE PURPO;.:: E OF F!,•- TETI: DI 1. Cr' JiD EXPANDING THE TAT ER. S YS TEL OF THE CITY OF OK EE ChOB EE , FLOR I , -FOR. FURNISH I EG TATER. AND PRO CTION , FOR.' ERECTING 7:ATE 17-1.',O , LY1iG TATER , PUR CHAS ING LAND FOR ERECTING T1E 3 3.E ThR3IT, AND FO i ALL OTHER NE CES ARY ThING S N CO N NEC T I ON THERETI T H; FOR THE -EU R- T HER PURPOS E OF REPAI RI NG , CONS T RUC T ING , EITENDIN G NL ND- ING S EVT-LoRA GE I N U LI G CO ENZOTI 0 NS UPON CERT AI LI AVENUES , 3rIJT ND , o a :e.,:-Litr126 TEE II TEE CITY u ON.E.E- CE.OB EE , FLO RI DA , IN Ail, I TS DE T AILS FO R. TEE tTLER 1J1E OF FiRECTASIG LUNI CI P.;i.L B UIL DI NG IN AND FOR THE CITY OF OKEECHOB EE , FIJOR IDA , Tu OVI DE ARIL' 413 FL: R. TEE CITY GOV ERNLE NT 'AND ThJ FIRE DEPA T , TJRCEUI1IG LAND FO 1. ERECTING TH S E ThEREON , ND F.° H' ALL 0 Th ER ICEJIY THI NUS I E 03 NEEC TI ON T 'RE H; FO R THE FURTE.ER E CF PRO VI DIE G LO EtE A.DE,UATE FIR PRO T CT I N FOR TEE CI TY CF OKEE CHOB EE , ?LORI , PURC1IE OF EN GI N , HOSE E ND OTL ER E . - LENT, JD .L2O EET I NG PAYLI rila ON EI1-111.T 2UR CHASED; FOR T HE FURTHER PUiOEE QP L 1.; T AI NI TLIJ CI Y ARKS itE CITY CF OK;L ECLOBEE , FLORIDA, I NCLUia G -2URCIL-i2 I NG OR LEAS I NG. OF LAND AND ALL 0, R THINGS 1\2 CBS S RY LO IiP.QVE TIE PARK S YS T *Pr ; FOR THi FTJIIT1IER PURPOSE OF (2AVI NG , CURB I N G , GUM NG) I N L IT DETAIIS . CERT AI N VENUES, $ T FLEETS OR PARTS THE OF IN TI-I■ CITY OF OK EE C HOBE E , FLORID, ND DES I C.T`NATI NG T IE.,' AVENUES , 3TREET3 OR p.RT3 THEREOF TO BE SO ILiP ROI/ D , JJTL- ORI%ING LIEN CERTI FT GAT ES TO BE ISSUED AGAIN'S -2 TI - • EliTY MERE NE 77 STE-EETS AND N1 iGE MAINS ARE 'IT:=2:); PROVIZNG FURTHER FOR THE CALLING OF A SPECI.id; ELECTION FOR THE APPROVAL OR REJECTION OF THE ISSUANCE OF S./JD BONDS -BY TEE ELECTORS OF THE CITY OF OKEECHOBEI.43, FILPIDA; AND PROVIDING FURTHER FOR THE PRO-.RATING 0I TI Y.01,1EY OBTAINED BY S .ALE OF SAID BOND 3 THE SEVERAL ENTEP.,P2.121. OR. PRO- , JECTS SET FORTE. .HEREIN. BE IT ORDAINED BY THE MAYOR ND CITY COUNCIL OF THE CITY OF OKEECHOBEE, FLORIDA. Section I. The Mayor and City Council of the City of Okeechobe e, Flori da, subject to the provisions of law and this Ordinance are hereby authorized to issue bonds of said City, under the seal of said corporation in the amounts and for the purposes as follows: 1. Ninety thousand. ( j 90 =0.00 ) dollars for the extention and expansion of the water system of the City of Okeechobee, Florida, for the purpose of furn- ishing water and fire protection, for erecting water- works, laying water mains, purchasing land for erecting the same thereon and for all other necessary purposes in co nne cti on. therewit h. 2. Ten thousand ( 10;000.00 ) dollars for the repair, construction, extention and expansion of sew- erage including all connections upon. certain avenues, streets and alleyways or parts thereof in the City of okeechobee, Florida, in all its details; for the pur- pose of paying the Cityls portion of such i_provements, t1-balance of two-thirds of the cost of construction of all new sewerage lines or mains to be charged_ again.tt the abutting property by issuance of lien certificates in the amount of one-third of said expenses to the property on each side. • 3. Twelve thousand. five hundred ( 12,500.00 ) dollars for the erection of a municipal building in and for the City of Okeechobee, Florida, for the pur- pose of providing adequate quarters for the 'City Gov- ernment and the lire Departrint, purchasing land. for erecting the same thereon, and for all other necessary Purposes in connection therewith. 44. 4. Three thousand five hundred (3,500.0,0) Dollars for a more adequate fire protection for the City of Okeechobee, Florida, purchase of engines, hose and other necessary equipment, and for meeting payments on equipment previously purchased. 5. Six thousand ($ 6,000.00) dollars for the maintaining of the City Parks of the City of Okeechobee, Florida, including the purchasing and leasing of land • therefor and all other things necessary to improve the Park system. 6. Fifty thousand (ir50s000.oc) dollars for(paving , curbing and grading)in all its details, certain avenues, streets or parts thereof in the City of Okeechobee, Florida; for the purpose of paying the City's portion of such improvements, the balance of two-thirds of the cost of construction of all Avenues, streets or parts thereof to be charged against the abutting property by issuance of lien certificates in the amount of one-tnird of said expenses to the property on each side. The streets, avenues or parts thereof to be so improved are designated as follows: Paving Osceola Street from N. Park Street to Eighth Street. Paving .6th Street from ,:arrott Avenue to Osceola St. Paving 7th Street from Osceola St. to Hiwassee Street. Paving 6th Street from karrott Avenue to Hiwassee St„, 2aving 5th Avenue from Osceola St. to Cherokee 4Xemeekr Paving Osceola Street from 7th Street to 5th ',.leattistaa..e, Paving let Street from Parrott Avenue to Kissmmee St, Paving 2nd Street from Parrott Avenue to Kissimmee St, Paving and (curbing) west side of Osceola Street from South Park Steet to 7th Street. Paving South Parkrom Parrott Avenue to Cherokee St. Paving Cherokee Street from South park Street to • North Park Street. Paving Sth Street from Tallehassee Street to Cherokee Street. Paving Cherokee Street from North Park St. to 9th St, Paving Tallahassee Street from 6th S. to •9th St. Paving avenue 5B," from Hancock Street to the east side of Wright's First and Second addition to ckeechobee. Paving Avenue HD" from Hancock street to the east side of 7ritht's First and. Second addition to okeechobee. Paving 7right Street from Avenue "DH t� the South side of Wrights First and. Second addition to okeechobee. Paving Palmetto Street from Avenue "D" to the south side of wright's First and Second addition to Olcee- chobee. Paving Kissimmee Street from First St. to 2nd Street. Said bonds to be signed by the Mayor, countersigned by the pres- • ident of the City Council and atb,sted by the Clerk of said City with the seal thereof affixed, with interest'cou,ons atached, signed in like manner with the facsimile signitures thereof lithographed on said interest coupons. The amount of said bonds shall not exceed j1 172,000.00 • e cti on 11. The Mayor shall, as soon as practicable, after the passage and approval of this Ordinance issue his pro clamati on calling a special ele ct ion for • the City of Okeechobee, Florida, to be held not less that thirty days from the date of said proclamation for the purpose of sub- mitting to the electors of said City, the approval or rejec- tion of the issuance of the. bonds provided. for in Section_ one of this ordinance. Said notice shall be kublished in the Okeechobee News, a newspaper published in said City, said call to be published in five successive issues of said newspaper immediately prior to date of election. Section III. That the form of the ballot to be used at said election shall be substantially the follo-vdng form: OFFICI:LL BALLOT Municipal Bond. Election June 17th, A. D. 1924. City of Okeechobee, Florida. Make a cross mark ( X ) before your choice. TzJ2E R. " Vote for one For 3onds. gaillst Bonds. fl r1- - (Vote for one For Bonds. Against Bonds " FOR MUNI CI PAL BUILD' NG" ( Vote for one ) For Bonds. againtt Bonds. • M p I • rr FOR 1BIR PROTECTION ( vote for one) For Bond.. Agai nst Bonds . ti " b L) 1' i-ES ( Vote for one rr For Bonds. ainst Bonds. F O R T R T P:= VI i'tiG'r ( Vote for one ) For Bonds. Ewa inert Bonds. Section LV. The Mayor in hi �rocla ation calling for the election herein provided shall name three electors of the City of Okeechobee, who shall act as inspectors of said elec- tion and a Clerk thereof. Should any of the inspectors of clerks so appointed fail or refuse to qualify the Mayor is authorized at any time prior to the opening of the polls to nacre additional inspectors or clerk. The inspectors conduct - ing the election aforesaid ohall immediately after tale polls have closed count the votes for and against each project of the proposed bond issue and. immediately certify the result of tl-ie same to the City Council. Sectian V. At the electi :_:n to be held as provided in this Ordinance only resident electors o the r4°ise qualified under the laws of Florida, being those who ov n real estate or personal property in said City and who have paid their taxes last due thereon, and actually voting at -aid.' election shall be. entitled to vote . Section VI. The bonds isued under the provision of this ordinance shall be in denominations. of 500.00 each and shall bear interbst, -payable semi-annually at the rate of six per cent. per annum, both principal and interest payable at the Bank of Okeechobee, Okeechobee, Florida, or at the American Exchanze National Bank, New York City, New York, at the option of the holder. Said bonds to be dated July 1st, A. D. 1924; interest payable on the first day of January and July of each ard every year after date of issuance until maturity of said bonds. The principal of said bonds shall be payable as follows: 17,000.00 on the first day of July A. D. 1944, and 17,000.00 on the first day of July of each and every year there- after up to and including the first day of July A. D. 1952, and 4; 19,000.00 on the first day of July, A. D. 1953; or in case all the bonds are not authorized. then in the same proportion as nearly as practicable. c Said bonds to be numbered from 1 to 344 inclusive. Section VII. Should. the issuance of said bonds be author- ized by the required vote then the said bonds shall be issued without delay, and the City Council shall, before such issuance provide by ordinance for the redemption of said bonds at maturity, and for the payments of' the intereatOpon the same by a tax levy of a sufficient tax levy of a sufficient millets° as may be necessary for such purpose. Section VIM If the result of said election provided for in this ordinance shall be against the. issuance of bonds then this ordinance shall be null and void. Section IX. This ordinance shall take effect immediately upon its passage and a.,-)prov41. p I Read a first and second titre, and by unanimous consent read a third time and pa sed in open n of tho City Council this the 14th day of gay • = . 192,:. President j f City Council L2PROVED this If day of May, . D. 1924. Art � Aar i Ea�'or o j_gia�%�' 1 Y e e crlo - bee +'lori aa.