1926-05-22
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II Okeechobee, Florida. May 2l, 192'.
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II PJrsuant to adjourment the City Council met at lO:30 o'clock/A. K.
C II abaTe cia 1:8 . ~d the! oll...ing were preeen t: or. .. Oenel y. Jr.. llayer; H. H.. De YarllllJl
II Pr8s14ent 01.y Oounci1; Councllmen: H. H. Hancock, J. Di Bird, L. ,. Scharfschwerdt
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¡'with I.. P. F¡etcher, Clerk and L. W. J8nnings, City Attorney in attendance.
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II staled bid was received from C. A. Steed & Sons fermunicipa1 improvement.
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II ÚJen motion the Council adjourned tG meet at 2:00 o'clock P. K. Kay 22,19 6. i
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,.1 Attest: , 1>(V;~.. -Pre s1 den ty CDUnCo.
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,- :1 Okeechobee, Flor de.. May 2 , . ..
i: Ptt,rsuant to adjournment of an. advertised meeting held at 2 0' clock, P. II.
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, ¡I Karch 22, A. D. 1926, the City Council of the City of OkeechGbee, Florida, met on th
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¡!above date in the City Hall, and the following were present: T. W. Oone1y, Jr.,lIayor
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riH. H. DeYarman, President City Council; Oounci1men: H. H. Hancook, H. T. Bass, L. F.
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!!Sharfschwerdt, J. D. Bird; with R. P. Fletcher, alert; L. W. Jennings, City Attorney
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:: and F. E.' L~nce, City Engineer, in attendance.
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!I T ." .,. Oonely, Jr. I Kayer, stated that the purpose of the meet ing was to
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Ilrecelv8 and dDnsider bids for the sale of City of Okeechobee Munio1pal Improvementc
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! Bends, Issue.! 1926, and te award < ths bonds t. the highest and best bidder, provids -;
'I a sat1efactorr bid was received. ' , I
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II N-. sealed bids were received.
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II H.:, H. DeYarman, President of City Council, announced that the sale would
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I1centinu8 by aþ.otion and requested auct1;h bids.
II Thþreupon Bank of Okeechobe. and Peoples Bank of Okeechobee offered the
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~ ¡I sum of t2O4,2$0.00 and accrued interest from' February let, A. D. 1926, for said issu
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~ Ii of City ot Oktechobee Municipal Improvements Bonds,' Issue of 1926~
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r- 1'1 . 10 further bids were received. '
i; , Th~ renning ree.luU.n was prepe..d by Oeunollman Ba..~ whe meved i te
II ad8pt1on; motIon seconded by Councilman Hancock; and carried.
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I WHfIUS.. the City Couneil of the City .iI!1.4IkUehobe.. Florida. did on Dee-
Ii .mber 19, 192', pass Ordinance He. 100, which was regularly approvê4Cby the Kayor;M
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1/ WH~AS, said Ordlnance provided for the issuance and sale of bonds ~f th
¡¡City ef Ok8ecll1bee of the par value ot t2l5,000.00, said sale to be made pursuant to
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: - , II' WH~AS, said bends were advertised for sale in Ok.echobee Hews I and Kan-
ilutacturer'. Rt þord, the required lengD ot time; and
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¿ I: WH$J:AS, on the date of sale, tø-wit: March 22, A. D. 1926, no b1ds were,
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¡Ireoeived; and
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!! WHqŒAS, the Cøuncil of the Oi ty of Okeechobee, Flor1da, adourned said
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ilmeetlng of Kareh 22nd to meet again Kay 22, A. D. 1926, to receive and consider bids
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'ter 1;j ....¡. ~ Ba14 bends; '!Ild , . 1 I ~
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WHEREAS. Bank of Okeech.bee and Peoples Bank of Okeechobee, beth banking
erperations under tt,.'e la.w8 sf th. State of Florida, hay. sfferlld the 8U1Í1"sf .204,250. 0, l
lU8 accrued interest frem February 1st, A. D. 1926; and
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WHlIIAS¡ said offer is the highest and best bid received, and'the only
id received for the~purchase of said bonds, lOW THERJ:FORJ:;
BE IT RtSOLVJ:D by the City Council of the City of OkeechobeeJ.¡Florida,th t I
or bld, ot Bank of Okeechebee and Peeples Bank of Okeechobee ,"'1'1204,250.0 , ¡
r 95~ of the par vatue of said bonds, plus accrued interest from February 1st, Ae D.
926, be and the sam. 18 h~reby accepted; and
BE IT FtRtNlR RESOLVED that the bonds aforesaid be and theyire'hereby
te Bank of °1e.Ohobee and ~es Bank of Okeech.bee upon said banks, paying t '\
he City of Ote.chobte, through its City Clerk, the sum of $204,250.00, ~lus accrued
te ba cùo4ated en the Mte at p~m.nt. l
- The OO~Cil considered ~id received on May 21, 1926 from O. 'Â.. S~~ed & ".'
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lIU11iolpal tmprovements. .."
)lotiont"as Mde by Councilman Hancock, that City award contJ;~ot for,JDUn
iolpal impreyementsias provided for by 1926 bond issue to C. A. Steed & $Oþ8 subject
to sale of bends, siconded by Councilman Bass and p.ssed by the followins vote:
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H. H. ~Yarman- L. F. Scharfschwerdt
H. T. ~ss, J. Denham Blrd
H. H. Jtancock
Upon m1tion by Councilman Bird, seconded by Councilman Bass. Oountll au
thorized extension ~ City water main to point where Phillip's packing ho~se will be ¡
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looa ted.
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i C,1t7 ~, 1neer, F. I. ~renoe eoo.1tte~ ree1~t1on to ao~~l ù1oh n l
I accepted by OGunoil.~ ", 1;-
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II Motion lIras made by Councilman Bird, that Council apPoint l' ..E. Darrow a '1
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II Oi ty Engineer from *te until money received for 1926 munioiJIIIl bonds has been
I for municipal 1mpro~...nto. motion ssoonded by Oounollman Hancock and ca .'~Js!l. i
Ii Upon motU"" the 00=011 adjournedjl;(;l ,,¿j ,I
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