1971-08-19 Workshop Upon motion the Council adjourned to meet August 2h, 1971 at 1:O0 P. M.
-- PRESIDENT CITY COUNCIL
ATTEST:
August 12, 1971
The City Council of the City of Okeechobee, Florida, met in workshop session at 6:00 P. M.
at the City Hall on the above date with all Council members present except Councilman Douglas, also
present Clerk Spivey and Deputy Clerk Bennett, for the purpose of preliminary work on 1972 General
Budget.
August 19, 1971
The City Council of the City of Okeechobee, Florida, met in workshop session at 6:00 P. M.
at the City Hall on the above date with all members of the Council present also Clerk Spivey and
Deputy Clerk Bennett, for the purpose of preliminary work on 1972 General Budget.
August 2h, 1971
The City Council of the City of Okeechobee, Florida, met in regular adjourned session at
the City Hall on the above date at l:O0 P. M. with the following present: Mayor Dunham, President
Burk, Councilman Domer, Douglas and Hunt with Attorney Curren and Clerk Spivey.
Pursuant to notice published in the Okeechobee News the meeting was for the purpose of
accepting sealed proposals for the purchase of all, but not less than all, of $h80,500, City of
Okeechobee General Obligation Refunding Bonds, dated January l, 1971.
The notice of sale and notice of proof of publication in due form, all requirements of
Florida State Statutes having been met and it being the hour of l:O0 P. M. the time for opening
sealed proposals and there being no bids received at public sale called for this date and time;
theLaw provides the bonds may be sold without notice at private sale at anytime within one year;
Councilman Domer moved to apply to Arch W. Roberts & Company to assist the City in negotiating a
private sale within such time as to provide funds by December 1971, so as to meet the conditions of
the bond issue of 19h2 being refunded, seconded by Councilman Hunt and unanimously carried.
Arch W. Roberts was present submitting a proposal to purchase $~80,500 par value, Okeechobee, i
Florida, General Obligation Refunding Bonds dated January l, 1971, with a check in the amount of
$9,610.00 to be returned to Arch W. Roberts & Company upon award of said Bonds, provided this proposal
is not accepted; otherwise to be retained by the City until the delivery of said bonds and payment
therefore, and to be retained as and for liquidated damages in case of the failure of Arch W. Roberts
and Company to make such payment. After discussion and due consideration, Councilman Hunt moved to
accept the proposal in form submitted by Arch W. Roberts and Company, seconded by Councilman Douglas
and unanimously carried.
ARCH W. ROBERTS & CO.
605 N. E. First Street - Suite G
P. O. Drawer 1586
Gainesville, Florida 32601
August 2h, 1971
Honorable Mayor and City Council
Okeechobee, Florida