1943-08-02 Regular The Olty Oouncil of the City of Okeeohobee, Florida met in regular session
I! at the Oity I~l on the 2nd d8~ of Aunt', 1943. The meetin~ w88 o~%led to
: order at 8:15~P M. by 8. R Raifsnider President Pro-Tem, and tho followin~
memberm were ~reaent.. 9. R. R~ifenider,. President, Pro-Tern, O. L. l~ulermon,
J. M. Roe, Sr* and I. N. MoMullen. Also present were H. H. Raulermon, Mayor,
Alma G~oos, City Clerk, T. W. Conely, Jr., City Attorney, N. O. Stewart, Fire
Chief and OhiOf of Police Evans.
W. R. Ps, o, President of tho Council, was absent due to illness.
Minute8 6f the meeting of July 8th were read and approved a8 read.
The foll~wing bills were approved and ordered paid when funds ore
E. C. Hatrinton - Printing tax certificates ............ $ 5.50
T. H. Nit - Gsa, water & sanitation dept. - ....... 2.44
Hunt BroS. - washing powder, water dept. - .........
Inter Co Tel & Tel Co- Phone bill8 ........................ 18.45
1Pla Pews! & Light Co - Power & Light8 ........
O. K. Ge~o~o - Repair on water dept truok ........... 79.03
~ilberteulbreth - Gas & Oil, water, fire R Sanita.dept.- 86.33
C. E. Dr&wdy, Chairman of the Board of County Commissioners, appeared be-
fore the CounCil relative t9 the City Cemetery, and proposed t9 employ a care-
taker for full time.
Upon motion by Councilman Raulerson, seconded by Councilman Roe and carried,
' the City a~re~d to give $25.00 per month, October
bes~nning
1,
1~43,
toWdxd
the
and installation
- upkeep of sai~ Oemetary, and half of cost/of a windmill for same.
Motion w~8 made by Councilman Raulerson that all cemetery lots Be sold at
$20.00 per lob. Seconded by Councilman Roe and carried.
-- Omunoil~n Roe presented the following Resolution and moved its adoption, and
upon being se~nded by Oouncilman Rauleroon was put to a vote and ~dopted~
RESOLUTION PRESCRIBING THE I~MBER8 AND DE'OM%NATIOn8
OF ~AIN ~~ING ~, SE~ "A· A~ ~, ISS~.
OF I~Z,~ DATED JAZZY l, %~Z, DF T~ CITY OF O~
ERT IN EX~~ ~R A~ IN SATI~AOTION OF O~STA~I~
~80LUTI0~ A~ED BT 0I~ 00UNCIL 0F SAID OITT 0~
~Y 3, 1~3, A~ 0N ~ 8, 1~3.
~ ~~, ~RI~, IN 5E5810~ ~LY A85E~L~.
~t%on 1~ That referenoe i8 hereby ~de to (a) Resolution adopted
thio Oounc~ on ~y 3, 1943 (herel~ter referred to ~ uRefu~i~ Resolutions)
Lzi~ t~ 18BUenOs of City of Okeechobee,
Flori~,
~fundi~
~ssue
of
~942, ~ted ~~ 1, 1942, for the pur~se of refu~ng the outstandi~ fu~ed
lndebtedne88 ~ the City; a~ (b) Resolution a~pted on ~y 8, 1943, (herei~ter
~ to ag: eAmen~tory Resolutionu) ~i~ and correoti~ certain portlo~
the Refu~ Resolution 80 88 to oo~orm the 8~e in all res~ct8 a~ partio-
with fill dooreo renderod on the ~th ~y of J~y, 1~43, By tho Olrouit
Oourt of Okeeo~obee Oounty, Florida,. validat, in~ and confirmim~ refundin~ bonds
issue of l~4~,~ated Januaxy 1, 194~, of said Oity of Okeeohobee Florida, in
the total prin~iptl a.m~unt of $687,~47.88, 8ubdividin~ into two series ~s
follows: S419~615.05 Series A Bonds and S~68,33~.85 Series B Bonds. Said
Refundins Resolution, a8 amended by s~td Amendmtory Re8olution, fully_ de~-
scribe8 the outstanding indebtedness to be reffunded (hereinafter referred to
asSorisin~l i~ebtednesom), prescribes the forms and ~eneral terms of the re-
fundin~ bonds prescribe8 that 8a/d bond8 shall be numbered and be of denom-
inations as shall be pre8cribed by supplemental resolution of this C~unoll,
and appoints the Atlantio National Bank of West Palm Beach, West Pals Beaoh,
Florida, (hereinafter referred to as Shank#) to act in the oap~oity of Escrow
A~ent for the ~urposes of makln~ delivers of Refunding Bonds in exchange for
indebetedness $o be refunded thereby, subject to delivery instructions to be
furnished by tills Council at or about the time the bends ere deposited in es-
crow at the ballk.
Scott. on Bi (A) That the following schedules of bond numbers, denominationl
and amounts be and the same axe hereby declared and adopted as and for the
specifications:of the City of Okeeohobee, Florida, Refundin~ Bonds, Issue of
194~, dated Ja~y 1 194~, of the respective series identified, in the
gate principal amount of S687,000.00, to-wit:
5eries Boq Numbers
( ! n~lus ive ) De ,nora no, t IO nm Amt,.
( 1 to 410 $1,000.00 $410,000.00
A (411 · 4~4 500.00 7,000. O0
(4~ = 444 lO0.O0 ~,000. O0
TOt~, Series A Bonds ............................. $419,000.00
445 ~to 704 1,000.00 ~60,000.00
705 · 714 500. O0 5,000. O0
715 · 744 100-00 :3,000.00
Tot~, Series B Bonds ........................... ~68,000.00
TO?A~ $6'S?
AOGREGAT~ Ai~OUNT, ~eries A & B Bonds .
(B) That ~e Refundin~ Bonds as hereinabo~o prescribed are hereby autho-
rized to 'be prated and executed am soon after the adoption of this resolution
as may be, and ~ro~ptly thereafter s~td executed bonds, wit;h the interest
coupons theret~ attached, shall be deposited with aforo~o~ioned Bank, for
delivery to the holders of the outstandin~ indebtedness provided to be re-
funded thereby, in accordance with instructions hereinafter set forth.
(0) That the remaining ~947.88 Refundtn~ Bonds (of the authori~ed and
validated issue of $587,~47.88 referred to in Section 1 hereof) to refund the
balance of the ~utstanding indebtedness described in the aforesaid Refunding
Resoluttoa ms a!~ended by the amendatory Resolution, shall be issued at such
ti~e and in suc~ dens~inations and she.Il bear such numbers as may hereafter
be prescribed b~ reselution of this body.
Section, ~. That it is hereby found and recited as follows:
(~) That Refundin~ Bonds of the description and in the e2aounts as stated
in Section ~ ~ereof, have been heretofore duly validated, and, in executed form
(except as to S947.88 of such bonds) will be presently deposited in escrow with
(B) That instructions for the delivery of said Refunding Bonds in exch&n~e
fez &nd. in sa!isfaotion of outstanchtng indebtedness of the City are contained in
the following portions hereof.
~otion ~. That in order to give effect to the provisions of Section l~ of
the said Refu~din~ Resolution, the Bank is hereby specifically instructed that,
in e~ktng deliveries of the Series A and Series B Refunding Bonds, the followin~
procedure ah~ be observed, t~-wit:
(1) The Bank is hereby authorized and directed to deliver either Series ~
or Series B Refunding Bonds, respectively, in exchange for and upon surrender of
a~ounts of outstanding bonds and evidences of indebtedness, interest accruals
thereon or upen presentation of proper releases of Judgments (original indebted-
ness) described in the said Refunding Resolution as a~ended by said Amendatory
Resolution in excess of 45~ of the par value of the Refunding Bonds, that is to say
_ for each S1~)00.00 a~ounts of outstanding bonds and evidences of unpaid interest
accruals ther~n or proper releases of judgments in the amount of $1,000.00 the
bank is hereby authorized to deliver in exchange therefor S550.00 of such Refund-
ing Bonds. Tl~e Bank shall cancel all evidences of outstanding principal and
accrued interest indebtedness surrendered and forward sa~e to the City Clerk of
this City, wil~h proper reports including the particular refundin~ bonds delivered
in exchange t~refor and in exchange for proper releases of the jud~ent indebted-
(2) The ~efunding Bonds being dated January 1, 1942, therefore all out-
standing bonds (except, of course, those which ~atured prior to that date) should,
upon exchange have attached thereto all coupons evidencing interest accruals from
January 1, 19~; to the ~aturity dates of the respective bonds, but, in the event
that any of tt~ outstanding bonds are presented without any one or ~ore.~of such
coupons, the ~ank shall deliver in exchange therefor proper Refunding Bonds after
having olippecl: therefrom interest coupons representing interest accruals for a
period of time identical to that represented by the coupons mlssin~ from said out-
standing bonds. Any coupons so detached from Refundin~ Bonds shall be cancelled by
the Bank and returned to the City with proper report covering such transaction.
(3) The ~tefunding Resolution provides for the issuance in exchange of Series
~ and/or B Ref~in~ Bonds, respectively, in lieu of any unpaid interest accruals
to January l, 1942, all principal bonded indebtedness of the City whether such
interest accrues are evidenced by ~atured coupons, accrued interest on bonds,
after ~aturity, or partial accrual of interest for less than a six m~nths period
to January l, 1942, on bonds which bear interest payable other than on January 1,
~nd June l, or~: any or a~l such items. In effectuating such exchanges the Bank
shall prooeed ~n the following ~.nner:
(a) Where interest coupons evidence a partial aCcrual
of ~terest for less than a six months period, there
sha~ be endorsed on the baok ofeaoh suoh oouPon the
wor~: ~Interest to January l, 194~, paid through ex-
oha~e for Refundtn~ Bond; rent~ning amount paid through
interest
bond from which this coupon detached. The Atlantic '
Wati ~ntl Bank of West Ptlan Bosch, West Palm Bosch,
lrlox Ldtt; and there' shall be endorsed on the fade of
said~ couponn the words: mSee leveree Side.t
(b) Where interest adJustment,n are made throu~ ex-
chaq~e of Refundin~ Bondn for a~oTued interest on out-
sta~lin~ bonds which matured prior to January ~, 1942,
.the~ shall be end~.orsed on the back of each such matured
~on~ the followin~, *lntermst from the maturity of this
bo~ to January
Ref~j~ding Bond. The Atlantic National Bank of West Palm
Boac~, West Palm Bosch, Floridt.e
(o) As to all accrued interest items handled in acoordanc~
with the provisionn of numbered paragraphs (a) and (b)
ahoy, the Bank shall issue certificates deeoribin~ such
aocr!t, ed interest items so paid by exchange of Refundir~
(4) Upomexohan~e all matured interest coupons attached to the Refundin~
Bonds shall be clipped, collected and the proceeds Paid to the order of the
respective bondholders entitled thereto, such p~qnents to be made from fundn
which the Olay will deposit with the Bank for that purpose.
Section 5~ That this resolution shall be oon~idered as supplemental to
the provisions~of the aforesaid Refunding Resolution and Amendatory Resolution.
Section 6~'~ That the City Clerk and Oollector hereby instructed as follows:
(A) To f~rward a certified copy of this resolution to~ether with certified
copy of the Re~unding Resolution and of the Amendttory Resolution, to the said
Bank for Attention of Trust Department, which instruments shall constitute the
authority of t]ie Bank to do and perform any and all acts and thin~s necessary
to accomplish ig~e purpose herein expressed;
(B) To r~it to the Trust Department of etid Bank the requisite amount
of funds to ta~e dare of the Payments provided to be made by said Bank as
referred to in ~ection 4 of this resolution;
(0) To f~ard remittances to the Coupon Payin~ Division of the desi~-
nttin~ paying a~ent named in the Refunding Bonds, at the tpprol)riate time or
times, of the rleoessary and proper amounts of funds to provide for ~aynent of
of interest co~lPonn maturir~ January 1 1944, and semi-annually thereafter,
upon all. Refund~r~ ~onds of the identified issue which are delivered in ex-
chan~e for and ~n s&tisf&otion of outst&nd~n~ indebtedness provided to be
re ffunded there.;
(D) To fOrWard to Thomas M. Cook &Oomptny, West Palm
two (2) certifi~d copies of this Resolution..
S. eotion _7. That this resolution shall be in full force and effect from
and after its
PASSND and!JkDOl~ in re.ar session of the City Council of the .City of
Okeeohobee, Flo~ad&, this 2nd day of &u~uet, A. D. 1943.
-President,
Upon ~ot~n by Oouncil~an Raulerson, seconded, by Councilman MoMullen and
carried, the ~ounoil went into executive session.
Tl~e 0oun~il then oa~eitltoogpanasesll~n.
Upon ~ot~on by Councilman Roe, seconded by Councilman Raulerson and
carried,
the City will :pay the Acting Water Superintendent $140.00 per month, beginning
August 1, .194~-
Upon mot~n the Council exlJourned.
~ ' ' P~egfden~ Pro-Tern, 0ity Council
City-Clerk - "
September 6, 1B~
The City~Council,~ of the City of Okeeohobee, Florida, met in regula~ session at
S:00 P. Ii. on the above dates Present were: Mayor H. H. ~er~n, President Pro T~
8. R. ~fsni4er, Co~cilmen J. ~. Roe, Sr., I. N. ~o~len
flat Gross, City ~1~, T..~. Oonely, Jr., City ~ttorney, ~hief of Police
Fi~e Chief 8tSwa~.
Min'~ea ~f the meeting of A~t 2 were re~ ~d ~proved aa r~.
The foll~wi~ bills w~e approved ~d ordered p~d ~en f~a ~e available:
Inter 0o~nty Tel & Tel 0o. - Phone bills ....... $ 21.35
O. ~. Ga~e [[ - Repair on Oity Treks
~e,ao$ ~ept. Sto, e Supplies for City H=I
Sch~fac~erdt Bros. Supplies for water dept.- ............
Flm Pow~ ~ 41~t 0o. Power & Li~ta ..................... 163.~
Belie J~nea Repair & Labor, Oity Tr~ha - ....... 33.~
Gilbezt ~breth Gms & Oil ........ ~.73
Ohee Hdw$ & F~n 0o. - Supplies, wat~z dept. - .............. 2.~O
cowry O~isaione~a O. g. Drmwdy, E. W. Hil~i~d, B. Swain ~d R. E.
Ole~k ~f the ~l~cu~t Oo~t ~y R. ~l~xaon ~pe~ed before the Oo~cil ~elative to the
Olty Oemeta~y~
The foAl~ing resolution w~ p~eaented by Oo~ilm~ ~erson, ~o moved its
~option, ~d ~on ~ing seconded by Oo~cllm~ Roe was put tp a vote ~ ~imo~ly
adopted:
~~, the gity of Okeechobee ia the o~e~ of
Section ~, To--hip 37 South of ~ 35 East in Oheechobee 0o~ ~d d~
to fin~el~ dXat~eaa the a~d Oemet~y hms not been properly c~ed fo~
has b~en~eglected, ~d this Oo~oil believes it ~11 be ~ the best interest
of the C~tizena of Okeecho~e, ~d the ~m~lty aa ~11, that $~d Oemet~y
shoed be properly maintai~d, ~d
~E~, the Bo=d of Cowry O~missionera of Okeechobee Oo~ty,
Florida, ~has offered to m~ntmin s~d O~et=Y in a prier a~er provided
the City Co,oil will convey the title to a~d Oemet~, to the Oo~ty of
RtIERE~d~, th~ Council has given careful consideration to the offer mmic
by said Bo~rd of ~o~ty ~o~i~aXoner~ ~ belXeve~ it will be to the best
~ntereet of the ~itizens ~f thio Oo~ty that the pr~erty be conveyed
~ 0o~ o~ ~ooho~o~
~01, T~~, BE IT ~SOLVED th~ the O~et~ ~ore~d be conveyed
to Okeeo~bee Oo~ty, Flor~m, ~d be ~ed fo= Gemet~y p~poses only ~d
prodded f~the= ~hmt smXd Oo~ty of Okeechobee, t~o$ its
sh~l maintain ~ c~e for said O~et~ in a p~oper m~ner.
BE IT FUR~ ~OLV~ that th~ prope~ City off~cialn be, ~d they
hereby au~ho=ize~ to execute proper deed of convey~oe to Oke~oho~e Oo~ty,.
Flori~.
PASSED' ~ ~PTED in =e~r session thio 6th day of September, A.D. l~.
OITY OF OKEECEIOBEE, FLORIDA
By
President * Pro
ATTEST: ~
A~PROVED thio 6th d~ of S~ptember, A. D. 19~3.
H.M ~ l~Luler n
Upcm motion the ~ounoil axl~ourned to moot Tuesday, September ~th, at ~:00 P.M. i
Pro Tern, City "ooUncil
September 28, 191~3
The Oit7 cOuncil of the City of Okoochobee mot in exijou~nod regular session at
$:00 P. ~. on tho above date with tho following present: ~ayor H. H. ~erson,
President P~o Tern. 8. R. ~l~dor, Oouncilmon J M. Roe, I. ~ MoUflon ~d 0 L
~o~son. -Also p~o~ent were l~a O~oo8, Oity Ole~k ~d T. W. Oonely, OitY Attorney.
Tho Oom~oil pzoeoedod to dlao~8 the b~et fez the coming flac~ yo~.
Tho~e bot~ no g~ther business tho Oo~cil ~jo~aod.
President Pro-Tam.
OltY Olor~. '