1956-06-04 Regularz 69
I l~ter signed by Rtoha~d R. COllins and W. H. Williams vas read, ~eque~tt~
that ~ ~t~et, above' ~ntioned be op~ i~ediatel~ f~om Hiopoohee to li~
No ~tion
~. ~ ~~oo ~8ous~ ~ ~e Co~il ~e possibilitle8 of his fi~
ft~o~ 8ew~ PI~. ~e ~tl ,~e~ted that ~~ee p~ep~e 4aSa
~th the Co~l May 85 at adJ~ed aeasi~.
T~ W~k~, ~ldi~ l~pe~t~, dinousned g~ ~d ~ld~ C~o ~th
Co~otl. ~e ~o~oll ~ee~ fo~ Wa~ to issue pe~t8 on e~ett~ ~o~leted
s~ot~es ~ in ~~ s~o~es ~t o~ly ~th o~e, ~e InspeotoF ~11 wo~k
Clt~ Co~otl
0ke~obee, ~o~tda
~n ~ emnz
We .he ~e~st~ed p~e~ o~e~. tn ~ook 194, City
vo~ ~ l~e to ~eopoo~l~ ~equest tha~ ~e City of Okee~obee open
~ ~ht~d s~eet f~ Htopo~ee Street to ~sst~e S~eet as soon as
o on~ ~ntentl~ poi stble.
::
Ve~ t~uly
W. ~. Wtllt~
· ~e 4, 1956
~ ~tty C~otl ~ t~ City of 0keechobee, Flo~ met
at the City H ~ the above date at ~:~ P. I. ~th ~e followt~ p~sent~ la~
H. H. Ra~no~, ~eidont Wa~e~, Co, eiCon ~dle~ O~e~,
~ City ltto~e~ O. C. ~~oe ~d ~ Cle~k L~ena SptY~.
~nu$o8 of ~6 metl~ held M~ ~ a~ ~, 1956~ ~e read
~e ~ollo~nS bills were app, oved ~d o~de~ed paid when
~ee'~ Mo~ C~y ........................... $
~ ~t ~o~ ~~ -- ........................
~ h~e ~~ M~tt~ B~ .................. 5.~
~tf. ,~ B?o~e~l ................................... 4.
~s pll' s O~e .............. ~ .... - ............. 4.50
H~t m, s Ins. ......................................
0. L~; RaCe,men ................................... ~.~
~ee ~o~ ~~e · .~. ~~ ................ ¢~.~
..... ~e'[, & W., B. ~ew CbOe'------------..---.----.-.
~e ~e 0tl C~y ................................ 59.81
~xa ['~ ~e' ~ .................................... 1.~
~ ~ Meter ~8. Co~7 .......................... 4~8.~
~ ~k ~e~eg Co~ ...........................
ra~ ~0 Ro~ ~x ~nerete ....................... ...- ~.~
~e ~ee~ee ~e~ --- ........ . ............. . ....... $~.~
PJ~ W8~ D~t. Sto?e ............ -~ ................ ~9.9~
:::::::::::::::::::::::::::::::::::::::::::: ,oo.
"~ ~lle~ - 40.00
Inge~ ~ ~el ~ ~1 ~o~ .......................
~t m PI~i~ ........ - .......................... ~. 50
~, B, 5~~ ....................................... 8,~
~i .co Ins. ...................................... gO.80
~o~ ,da Powe~ ~ ~t ~~Y ~ ................... 4qO.lO
~ Meter Rep~ ~ ~Xy ~a~ .............. . ~6.96
1
~: ltlantio Set ~rioe 8tatto~ ...............................
~ ~oo~o~ ~ ~oo ~ ........................ ~-~ 1.50
O~~o ~ ~5 m ~omd on ~s~ ~o~d~n~ I~ · ~d p~ssod ~o sooond
~~17 eLWi-d, Sd ~nnee wu pusd m ~o~ ~d f~
o~~ ~o. ~
~~ FC I ~~01 ~F.
~R~A:
t~ ~oines~ of oont~aeti~ in ~y ~ its b~ohes, ~til ~eh pe~oon,
f~ o~ eo~att~, ~ paid ~ ~e ~k ~ ~e otty ~. Obeoho~e,
~tda, a ~e~ ~ ~ F~ ~~wJ p~ded, however, that
p~sm, ..f~ '~ o~~tt~ ha~ ~ ~.tabg~ pl~e of b~nes8
o=,
'of ~t8 o~~oe, ~all be p~ed ~ a ft~ not to exce~ $~0
~ ~., ~t~o~ ~n tho dt.o~tX~ ~ ~e h~o~.-
-8~~ ~M: ~ o?~~e. ~d p~t. of o~n~oos in o~ltot
~Olao~o~YO~o~~t~ 1.~.~w ~n~oe ~11 ~e effeo~ ~on its d~
P~ ~ ~ ~I~ AT ~~O OF ~ CI~ ~OIL OF ~E gI~ OF
PAS5~ ~ ~ ~~O ~ ~~ I LAW AT ~NG OF ~ ~
tPP~ B~' ~IS ~ 4 ~AY OF $~
W1111~ Hen ~ glouswed ~th ~e C~otl ~e need of Ipeed ~eductton
: Co~ei~ ~e. b,o~t befo?e the ~o~il a ?e~est f?~ Leon Jones f~
: ~att~ the C~otl a~eed ~at ~e ~ the ~n~i~ oon~tion ~ ~e ~ ~d the
distance of the eztensi0n it would be impossible to g rant ~equest at this time.
Robi~ L. Wagner, x~epresentative of Leedy, ~neeler Bonding Uompany was
present and ~sc~Jsed the finanoinS o~ proposed sewer project. Afte~ d~souselon
Councilman Gardner moved ~o accept the following contract as offered by the above
named Compa~ seconded by Councilman Chandler and unanimously cax~ied.
May ?, 1986
Hone~able May~r and City Councilman
Cit~ of Okeeo~obee
Okeechobee, ~orida
Gentlemen=
We understani that you are contemplating additions and extensions to you~. p~esent
sewer system, to the extent that financing in the approximate amount of ~00~000.00
will be r~qui ~d. In connection with the issuance of securities to achieve the
above purpose I, we propse that wi be employed by you a~ Financial Advisor m the
following bas .e;
1..A~.t.er s.t~ng all available information, we will make such recommendations
Pe~?.axnxng_~olmatm-ity schedules, redemption features, interest rates, and all other
per~xnent features of the proposed bond issue as will be melt economically feasible
to the Ot~ ~nd at the same time will present an attractive and desirable issue
to prospeetiv~ bond buyers.
A__.a~._s~__~_~_~ytm~ b~_y.A~OX~?y x.n ~.n.e pr?pax?tics of all required resolutions,
.~s_~.me_n~. ~-o.~ ?a~e, a.n?.s.u?n o~ner Aegam proceedings as will be required in the
process o~ au~norxsxng, vaAxaa~xng, selling, and issuing said bonds. These attox-neys
will provide tot he pu~ohase~, without charge, their el~e~ approving opinion.
Should an appeal be deemed neoessa~r, from the validation decree', the nationally known
bond atto~meyl will assist in the taking of such appeal.
~. We will pty such other incidental expenses aa a~e usually inoum~d in the issuance
and sale ~ blinds, said expenses to include, but not be l~m~ted to, cou~t costs and
legal publAca~ions, the cost of printing the bonds, the fee of the Clerk of Circuit
,Coup, ~xpenste incident to delivery of the bonds to the purchaser, (and including)
(R. ~. e~ the ~ee of you~ City Attorney.
4. We will, St ou~ expense, p~epare a detailed brochure describing the bonds and
their security, and giving all pertinent details of the resolution authorizing the
.issua~.ee of ~e bonds which would be of interest to prl~te'.and institutional
xnves~ors. WI. will mail said brochure, together with an appropriate notice of sale
and bid fo~ms~ t o all known bond dealers interested in Florida m~nicipaI securities.
5. We will a~vise with the City f~om time to time conoerlting, the marketing conditions
of these bondS, and the most appropriate date for the sale of same.
~¥ou agree to ~ake all records available to us, and upon final determination of a
plan of p~ece~A~e, you agree to adopt the necessax~ resolutions and generally take
such action aS will expedite the issuance and sale of the bonds.
For ou~ sePvites as set fox-th above,-we are to ~eceive 2 ~/4 % of the pa~ value of
the bonds lss~.d and sold, said fee to b · due ~d payable only as and when the bonds
are delive~ed~to the purchaser the~eefe
It is speeifi~ally understoood that such sex-vices as we m_~_y lawl~ully pex-fox~n shall
in nowise constitute the managing or controlling of the official functions of the
city council. (
Respectfully submitted,
Leedy, lheele~ & A1leman, ~no.
The above pro~eal is hereby accept by proper Resolution adopted by the City 0 ~ouncil
of the City o~ 0keeehobee, Florida, this 4 day of ~une, 1956e
y o Ra~e~So~neeMa or
Attest =
472
An applie~loa flied by ~. H. (~a~k) Wa~d :~equesti~ a he~ be~o~e
~on ~to~ ~e Co~otl
· ~e Cl~ C~oil ~ ~e City of Okee~obee, Flo~i~, ~t i~ ~~ selaion
· ~ ~e Oi~ Hall a~ ~0 P. I. ~ ~e a~ove ~e ~ ~e follo~ng p~eaem~ M~
H. H. Ra~s~, ~e~dent l~e~, Co,olin ~~~ H~den ~ ~m
~~ee, City AtOmy ~d ~a 8piv~, Cit~ ~e~k.
~nute~ of ~he meti~ held .~ 4, 1956, ~ ~ead ~d approved as ~ead.
~e fo~~ billa ve~e ~p~ovod ~d ~o~ed paid when f~d8 a~o avail-
able:
o. ~. ~~on , ......................................
~- ~- ~~--- ...................... ...................
~eeoh~ee~to~ C~~ ...................... . ..........
'"~'~ ~2''°'t'~ ~:~L:::...:::-:-:: ...... :--::::- ~.o,
P~~t ~o~ Co. ' . - ..... '' -- - 8.10
i~on~ I~. -~-- .......................................
ot~. ~~_~ ~. ~o. .................................. ,~.~o
~.~o~ ~~, ~ .......................................
~~a~ ~ 8~o~ ....................................
~,~h~,m 8~~ .................................
a. ~. a~_: ....... - ..................................
ao~ ~. ~o~- ......................................... ~.,~
at~ ~?~ -- ...................................... _
ot~,~ ~?~h ...... :---, ..............................
184.14
~ty ~ Fo~ ~ee ...................................... 556.40
~ 8~~ 8~o~ ............. , .....................
~', ~~, ~ ..... - ......... ......................
8~eet f~ Mi~ Steer to ~sm~e S~eet as ~eed in ~tes of mee~ing ~e
. ~il~ ~e~ moved that the ~e~k be instructed to notify
~o1~ ~ ~, ~ inee~ fi~ ghag ghe Cigy is moo rea~7 go enger im~e
~nnt at ~ts ~.b on ~e pr~osed na~al gas. pipe line, seceded ~ Oe~ei~
~80 We T. Jail ~d h Pa~ett priory o~era in the 8ou~wemt Addition
to ~e Ci~ ~e p~ent ~eg~di. ng the ~ad~ :~ ~ ~le Bay ~ive to ~ill~-
~~ Avenue, ~gag~g gha~ ~e ~e~ ~a a,~ ~a~ed in ~e P~ope~ looagi~. ~ge~