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0100 (Bonds)ORDINANCE NO. 100 AN ORDINANCE PROVIDING FOR THE ISSUANCE AND SALE OF BOND8.BY THE =MAYOR AND. CITY COUNCILL OF THE CITY. OF OKEECHOBEE, , FLORIDA, FOR THE PURPOSE `OF .EXTENDING ' AND ,EXPANDING .THE WATER:SYSTEM OF.THE'CITY OF OKEECHOBEE, FLORIDA; FOR FURNISHING: WATER AND FIRE PROTECTION;. FOR ERECTING WATER WORKS, LAYING WATER MAINS, PURCHASING :LAND FOR'ERECTING THE BANE THEREON, AND FOR ALL OTHER NECESSARY' THINGS IN CONNECTION THr%XITH; FOR'THE FURTHER PURPOSE OF REPAIRING, CONSTRUCTING, EXTENDING, AND EX- :..h PA%,LNG SEWERAGE, 'INCLUDING ALL CONNECTIONS UPON CERTAIN AVENUES STREETS AND ALLEY - WAYS, OR PARTS THEREOF,, INCLUDING NECESSARY INCENERATOR OR,INCENERATORS IN T] CITY OF OKEECHOBEE, FLORIDA,'IN ALL,ITS DETAILS; FOR THE FURTHER PURPOSE`OF<ERCTIN A MUNICIPAL, BUILDING IN AND FOR THE `OITY <OF {OKEECHOBEE, FLORIDA, TO PROVIDE ADEQUAT: QUARTERS FOR THE;CITY GOVERNMENT AND'THE FIRE DEPARTMENT, PURCHASING` LAND FOREREC3t° ING THE SANE THEREON ,WAND FOR ALL OTHER NECESSARY THINGS IN CONNECTION THEREWITH; FOR THE FURTHER PURPO$E;,OF MAINTAINING `THE CITY PARKS 0?. THE OITY 0? OKEEOHOBEE, FLORIDA "INCLUDING PURCHASING,OR- LEASING OF LAND AND_, ALL OTHER - THINGS NECESSARY. TO IMPROVE' THE PARK ,BYSTEI5; FOR, THE FURTHER,:PURPOSE OF.` OPENING ,'.:WIDENING,• >'OR`, PAVING - I: ALL ITS DETAILS CERTAINtlAVENUES, STREETS, OR PARTS THEREOF; ,INCLUDING'THE ERECTION OF:-a;BRIDGES IN THE CITY OF OKEECHOBEE, FLORIDA, AND DESIGNATING THE'BTREETS OR PARTS •THEREOF TO BE 80.,IMPROVED AND, THE LOCATION OF THE BRIDGES` TO BE ERECTED,' AUTHOR- it'ZZIN LIEN:CERTIFICATES TO BE ISSUED AGAINST: ABUTTING PROPERTY WHERE NEW STREETS '".ARE; CONBTRU0TED; PROVIDING" FURTHER FOR: THE::OALLING OF A- SPECIAL ELECTION FOR THE APPRQVALOR REJECTION OF THE ISSUANCE.'OF;'SAID BONDS BY THE ELECTORS OF THE CITY OF OKEECHOBEE, FLORIDA; AND PROVIDING FURTHER!FOR THE PRORATING OF THE MONEY OBTAINED BY THE SALE'.OF,°SAID B©NDS'AMONG THE°'BEVERAL ENTERPRISES OR'PROJECTS SET FORTH HEREIN., -� BE IT ORDAINED BY THE MAYOR 'AND. CITY COUNCIL OF THE CITY OF OEEEQHQBEE, 'FLORID Section 1. The Mayer and the City Council of the City of Okeechobee, Florida, subject to tho Pwovieions c' law and of this ordinance are hereby authorized to issue bonds of said city under the. seal of said corporation in the amounts and for the purpos as follow: 1. ,Seventy Thousand ($70,000.00) Dollars for the extension and expansion of the water system of the Cit Y y; of Okeechobee, Florida, for the purpose of furnishin; warier andiie protection,; for erecting water works, laying water mains, . purohasi] land :for the erecting of the same thereon, and for all other necessary purposes connection therewith.,, 2.Thirteen Thousand ($13.,000.00) Dollars..for the repair, construction, exten- °elon, and expansion of sewerage, including all connections'upen certain avenues, streets, and . aiiey -ways or parts thereof. in the City of Okeechobee, Florida, in a] itse details, including the 'erection and construction of necessary inceneratoror. inoenerators, and for the purchasing. or leasing of land on .which to erect the say 3. Forty Thousand ($40,000.00) Dollars for the erection of a municipal buiidi in and for the City of Okeechobee, Florida, for the purpose of providing adequate quarters for the city government; and the fire department, p purchasing land for area the same thereon and for ail other necessary purposes in connection therewith; 4. Five Thousand ': ($5, 000.00) Dollars for the maintaining of }the city parW of the City.`of, Okeechobee, Florida, including the g purchasing_ and..leasing- of land Cher and all other things necessary to, improve., the park system. 5. Eighty -seven Thousand 057,000400) Dollars•for the purpose of opening, wid ing, or paving in ,all its details, including necessary g � cessary bridges; aertairi, 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 (E /3) of 4r , the cost of all avenues, streets-Or parts thereof:: to be - charged against, the abutt- ing property by issuing lien certificates in the amount or portion of one =third (1/3) of said expenses to .the property oa'` each ' side, The streets, 'avenues, or • pari thereof to be so improved are designated as follows: -Paving. Kissimmee ,Street from '-first Street : to Second Street in South vOkeechobee Paving Second Street from Kissimmee Street to, Miami Street. ys paving Miami-Street from Second Street /to Sixth Street, Paving 'Cherok'ee` Street `from South'Park Street to Fifth Avenues Paving Eighth Street from Parrott Avenue: -to Tallahassee Street;`; Paving Qsoeola Street from: Eighth:. Street to Tenth Street Paving Qsoeola Street from Fifth Street!to South Street,` paving Seminole Street, from South Park fr.--Paving Hiepochee Street. from South Part Street to Seventh Street. Paving Miami Street in East" Okeechobee'from,Avenue "B" to North park Street,, &tom r. Hilleborro Street. from .Hilorest Street"to North City limits, Repairing bridge across TaylorCreek on North Park Street. bride across Taylor Creek nn Tilf set Said '. bonds to be signed by the-Mayor, counter- signed' by the President of the 'ity Cot noil, and attested by the Clerk of said City with the seal thereof. affixed, a, ,_with intc :° ot,coupons attached, signed in like manner with the facsimile eignatureE thereof lithographed on said interest coupons. The amount of said bonds shall not ed Two Hundred Fifteen Thousand 0215,000.00) Dollaas., , Section 2. The yor 'shall, as soon as practicable after the passage and approval of this ordinance issue his proclamation.'calling. a -speoial election of the City of Okeeohok Florida,-. to be held, not less, than , thirty ' (30) days from the date of said proclamati ,4o±. the` purpose' of submitting .to the electors 'of said 'city, the. approval or..rej eottc ;. of the issuance of the bonds provided for in Section One 'of_this ordinance. Said Notice ehal1 be published in- the "Okeechobee News", a newspaper published in said city, said call to be published ,in five (5) consecutive issues of ; said 'newspaper er 'immediately prior 'to the date of election. he form of the ballot "to be used at said election shall be n substant- OFFICIAL BALLOT MunicipalBontion.. January 26, A;"15. 1926. City,of Okeechobee, Florida. ' `. Make .a cross Mark (X)- before your Choice "FOR WATER! (Vote for one) ` _ For the issuance of *70,000,00 of bonds for the extension and of the water system of the City of Okeechobee',_ Florida. Against the issuance of ' *70,000..00 of-bonds for -the extension and ex- pansion of the water system of the City of Okeechobee, Florida. FOR SEWERAGE° (Vote for one) or the issuance of 0.3,000.00 of bonds for the - repair, construction, extension .and expansion. of- sewerage, ' itneluding. the erection : and 'con- struction, of necessary incenerator or- incenerators. xpansion Against the issuance, of $13,000.00of bonds for the repair,'» construotioi extension 'and expansion .of sewerage, including': the erection and con-- struction -of necessary, incenerator or incenerators, "FOR .MUNICIPAL BUILDING" ,. (Vote for one) or the issuanc a " -of $40;.0€0-:00'of bonds for building` in and for the City of Okeechobee, Florida. the erection of a municipal Against the issuance of $40,000.00 of bonds Ebui lding in and for the City of Okeechobee, "OITY'PARKS" (Vote for .one) For the issuance of $5,000.00 . of bonds for the maintaining of the City Parke of the City of Okeechobee, Florida.` ' , Against, the issuance of *5,000-, 00 of bonds for the maintaining` of the ity Parks of the City of, Okeechobee,'': Florida. "FOR'STREET PAVING" (Vote for one) for the erection of a munici Florida. . , ;. 'Against the issuanoe of $870000.00 'of bonds for theF opening, widening or paving of certain streets in the City of Okeechobee;* Florida, including 4* necessary bridges. £' Section 1.. The -Mayor in his proclamation calling for the election herein provided shall nai three (3) electors ; of the City ; of, Okeechobee who shall act as .inspectors of said election, and a clerk thereof. Should any of the inspectors or clerk so appoint fail or refuse toqualify the Mayor is authorized -at any time prior to the openini • f the -polls to name additional, inspectors- or clerk, The inspectors conducting the. election aforesaid shall :itmediatley` after the. polls have closed count the ,votes ;for' and against each project of ;the proposed ,bond issue and- immediately. certir.y. the result of'the same to the City Council. Secti®n 5,_ At the election to,be held as provided in this ordinance only persons who are voters !registered and,:qualified under the laws of the State of Floridaand who have paid `their poll tax for the last two years, and have resided within the.corporate,lim •its . of- the City of Okeechobee for six (6) months' prior. to said eleotion, - >and iho are bona fide owners of real estate (freeholders) within • the limits" of, said City of Okeechobee, and have paid'the taxes, State,`County,'and City last due thereon and a.etualiy voting shall have `the right to.vote ln said election„- , - (20) The City. Clerk shall twenty days: prior to said election open the registration books at the City 'Hall'' and. keep the same open fore eight ,hours° on each 'week day for the registration of electors, and shall olose. the .same ten (10) days prior to a said election; said Clerk shall; have full power to administer oaths to alia persons applying for registration. Section 6, The bonds issued under the provisions of this ordinance shall be in denomina- tions of One Thousand (01,000.00) ;Dollars each and -shall bear interest, - payable semi- annually at the rate of'six'per centum per annum, both principal and fnterest payable at,the Bank of Okeechobee, Okeechobee; Florida, or at the American Exchange- Pacific National,Bank, 'New York City, NewYYork., at,the option of the 'holder`. Sail bands to, be dated February First A. D. 1926; interest payable on the first' day of August and , February of each and =every #year after date of issuance until maturity. of said bonds. The principal of said "bonds 'shall be payable as follows s;' Twenty One Thousand 1421,000.00) ,Dollars on the First-day of February, A. D. 1946, and Twen ty e Thousand 021,000.00) Dollars on each4and every ear thereafter'up- to and including the D. 1954, and A D.. Thousand ($26;000,00) Dollars on the First day of!February /1955;fior5.in the First day, of February of First day 'of-February,/A. werLv Six case; all-the bonds„ are ,not authorized then in the same proportion as nearly - as practicable. Said 'bonds tO be numbered from One to Two Hundred Fifteen (lto 215) s ,isive, or in case all of said bonds are not authorized then from One up to and City, Cot ail 'shall befe a suigh issuance provide by'ordinance f 'ths,;b a ,emp t n. ;of *sa;id.! 'bonds 'at maturity, and/ for the payment of interest upory .athe ,same ;t'ax {•levy of a sufficient miilage as;may be necessary for such-purpose..., . , ..., Section, 8. by a an y tb ,result 'of ,.said election ::.shall be ,against he ieeuanoe „of all:" the M T i Ct`^ r ovided .for in this :ordinance then this ordinance shall be null and foid; but 9 • sh be, issued which are approved by the required number of 'vot'es. bonds a. 4. 1;.Se8ti n, 9. f - noe* pha11 `'take y effects immediately upon its passage n t apprOva . 'by :4''',. e all, 174 • Read. a first time and by unairaous consent passed to. second reading. .:. i : � A Read :A second time and by! iunanLmous consent passed, , to a third. and final readir hit&;,.tirrtd and passed its open sess ionE,of the 0, i'ty Cowieil &this 19th Read,;a RnaiA P A: y of 'De A :D: 1925.. rTTE ed . ';P,,''Fletcher City Clerk. (Carperate Seal.? � pr.oved J a y met t h i s 19th ay, d. of ; December s Y 4 esi}deni Detarman left iee i��ng e' +th :s time and President. Pr.:o --stem Bird pre,- r re; the Council= during the remainder-, ,o r, of, meeting. F: H. A. Delarman s ' ��- President of the City` 'Council: A. D. 1925. , T. W. Conely nJr. :Mayor of . the ;city F of Okeechobee, Flt umpkin appeared ; before the; Counei1 Lrelative to -location. 'of 1t° lephone } lines within City.''limits, land :requested Council to appoint some official' or com-. mittee 'to.phave supervision 'offtooations for telephone lines, and Oouno il. authorizes nti • q' tee t-o supervise ::''selections of looatione , for said lines.. tigni by Councilman ..yBass - seconded by councilman Scharfschwetdtx -the City Clerk `)itas 'authorj.zed •.tox permit •' H. Hancock to redeem 'outstanding C.ityY: tai • $1 : r ertificateo against; °his 'landzwithoUt °Theft "paymeny of 'any `interest.' y � on motion' the c„ 0 ounc ilY` ac j. curried, i