1945-03-16 Reg. Adjourned Ma eh 16,
Tho City Council of the Oity of Okeechobee, Florida, met in a~Je~rmeA regula~
aesa~ at th~ City H~ll at 1~:~ A. M. ~n ~he above ~ate with the f~ll'owing present':
Mayor H. H. ~rson, P~eeident ~ Oh~dler, Oe~ci~en O. L. ~erson, B. W. Thomas,
Alto W~tfo~d ~d Z. K. ~illi~a, T. W. Oonely, Oity Attorney ~d Lorena Pemree, Oity
Tho City Clerk read ~ offer from the Okeechobee Oo~ty B~ t~ p~ehase a
tot~ issue of Time W~r~ts, dated M~eh 19, 19~5, in the ~o~t of $~O,OOO-mt m pries
of p~ and acer~d interest. After due' consideration it was m~'e~d to sell $1~,000 p~
value of said Time Warfare ..... ·
The~e~on the fclluwi~. Resolution wm~ ~esented by 0o~ci~ Willies, wh9
moved its adoption, ~ upon b~ing seconded by O~ei~ Wmtfor~ was 'put
~Eaa, the Okee~hobee Oo~ty Ba~, of Okeechob~e, Flerida,
m~fit[atee, ham effered to p~chmse Time W~r~ta In ~ ~o~t not
ceedi~ ~12, OOO ~d m~eea to pay p~, pl~ ~erued interest, for sai~
Time ~rr~ta; and
~E~S, this Oo~eil is in need of ~ds ~s quickly ms possible
for t~ p~pose of having the water system of said Oity re~ire~;
~E~, this Co,ell h~s declared that ~ emergency exists
belie~a the pries offere~ by s~ld B~, and affiliates, la ma ~od
eo~d be obtained by disposing of enid Time Warrants mt public sale; ~d
~E~A8, this 0e~eil ia muthorizeA by law to Aiapeee of smiA Time
W~r~e by p~iv~te sale
~W, THE~FO~, BE IT ~80LVED that ~ime W~r~ta in the ~o~t of
· la,O~ be sold to s~d Okeechobee Oo~ty B~, ~d affiliates, fer the
price ~bove set forth and delivery to be m~e immediately.
~ m first time ~d by ~imo~ consent passed to m ascend re~ing.
~md m second time ~d by ~imeua consent passed te a'third re,lng.
~ m third time ~d passed in open session of the Oity Oo~eil
6th of A. O. 5,
CITY OF ~OHOBEE
H~h ~hnndler
PreSident, City
ATT~TI~
T~e a~ovo an~ foregoing ~ielution i~ hereby approvo~ ~y mo thi~
6th of a eh, A.
H. ~. ~~aon
~po~ motion the 0o~911 ~dj~d.