1928-03-16 Special
234
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Okeechobee, Florida, Maroh l6,l9~.
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The Oity Council of the City of Okeeohobee, Florida, met in speoial session
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Ü. the City Hall at 7.45 o'clook P. II. and the following were present: J. Denham
Bird, Mayor, I salah Oasey, President of Oi ty Council, Councilmen H. H. Hanoook,
Don P. Johnston, Ben Walker and H. L. Chandler with R. P. Fletcher, City alert,
and L. W. J8ra1ngB\- Oi ty Attorney in attendance.
Mayor Bird stated that meeting had been called for the purpose of con- .
sidering re-finanolng contract between Oi ty of Okeeohobee and The Hanohett Bond
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Comp any . -,
IIr. H. B. Craven, representative of the The Hanchett Bond Company, ad-
for its oonslderation -
dressed the Council relative to re-financing contract, and presented to OounoWa
proposed. ref1nanci.ag contract between City of Okeechobee, The Hanchett Bond Oom- ~
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P$Jly and the P eoplts Bank of Okeechobee. :
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The following resolution.. was proposed by Councilman Johnston, who moved ' ¡
its adoption, motion seconded by Councilman Walker, and on roll call the vote on
the motion to adopt the resolution was as follows:
Ayes: Bays: .. ,
I. Casey None.
H. H. Hancook
H. L. Chandler
I Ben Walker ,
Don P. Johnston J
BE IT REIOLVED by the City Council of the City of Okeechobee, Florida,
that the re-flnanc1ng contract as presented and proposed by The Hanchett Bond
Oompany, through its agent, H. B. Oraven, and Peoples Bank of Okeechobee, throug h
its Pret1dent, D. R. MoNeill, be and the same is,hereby accepted, and the Presi-
dent of the City Council and the City Clerk of the City of Okeechobee, be and they
are hereby authoriled to execute said contract. l,.1
On motion of Oo'Wlcilman Walker, seconded by Councilman Chandler, Council _I
authorized President of City Council and the City Clerk to execute notes for the -~
purpose of rehabilitating the interest and sinking funds.
On motion of Councilman Chandler, seconded by Councilman Walker, Oo~
ell authorized City Clerk to transfer $125.00 from Water Fund to General Fund. .-
Upon motion duly seconded and carried, Council adjourned. --~-
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Attest: ()f ð.. .. . Pr sident Oi ty Oounci. . .r I
. ' 0 ty Clerk.
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