Loading...
58-15., ,~ ~,, f ~~: RESOLUTI t3~! 5&-1 ~~)HEREAS, the City of Atl+sznt3.C . Sea+ch, g'"losida. b'Y Ordinance w~a. 15-58-2, suthorir+~d ~tbe issuas-c~~ af' 8300x000.00 General Obx.igation Sew+~r Sonds for the i ~purposi~ of , prying the coat a€ tli¢~ construction of a sewer systems ~ for paid Cityt ~iHEREAS, ,said bonds b+we been validatesd by Decree of the Circuit Caurt~ of the: Fourth Judicial Cia~cutit of Florida in sad~for Duval County, on'Apzil 10,'19581 ~AEAS, thes City Coraaaissiox- hmms detas~ine:d that said boa~3a should, be so1+~ st public sale. ', TF~REF+G~3E~ SE 2Tt SESOLVBD 8Y THB CITY ~GQ[+~MISSIOi~i' OF ATLAI9TIC SSACH, FLCUISIDAp that s SSCTI4~ 1. 8300 x 0100.00 Gesaeral abligat#,on 8es~r Da-nds . shall bye sold st public stsie3 on June ,11'x ~ x.958 ~~ st ~ 8 0'' clods g.M. pur~sexant ' to ~~ ~~notice` hi~einafteac ~rovidead Eons. 88CTI01~ ~. 1'he City Clesrk ins he~acesby , authorised and dir~acted to publish a ,notice caaliing for ~bida for slid ,General Obligation Sewer` Sondes` tv~+iice in then Florida Timms-Unionx s neir~rsp~-per of geeneral circulation in Atlantic 7~aeh, Florida, tUe ~ first publiceation ito"~k~~, not lasa ~ than' ~iftiren'' {15) 'days Frior to the ,elate find fca~ic the ~sal~es. Sa~Cdo~natice shall fi~ in substam~iaily the fallawing fps " ~acn~ac~ OF SAr ~da~pQOO.oa CIT'3t of AT IC BS . , F~ A GSS~~AL OsLtr.~"~IOS ~ S ~ Se3mlec~ b~.ds rill be sesseivescl; by ~e City c sesian of then City ° of ~ Atlata~ic 3~eac~~e'l1°c~~.oa[~aida, to ~.racludinq Height o p n/loc~t ~oni//B. , ~ o S a S a~pA3,,V ~i ~ ill p, ~I~. ~i'~¢7 p ~®~ t~~,a~'~t ®~ is ~~4~i®p ODQo VV ,Genera.l Obli6,~'ation. ~ ~?I . ~~®~l~~p' a.5+~t ~'d.l ~p ~7~~p with ~p~~.ncipal l ~~s.=a~z~1 ~ i~a:~iet ~~~~(~~.~.~'= 1 ~~.; October 1~ payabla?i ~ at ~e ~ Cta3. ' Carmm ~ ~x~~e ~'~ ~ Tyr i'~'o~'}C x ` ~ ,York, k 0 ~ i ! ° I ar,, past!, the~;opt3on ~~ ~~tkiu, h+~ader, a4: ;der "~i~~ch Flc, Jacksanvilie o ~. ~-. ~~ Coupon ,bends a ono iaclusivex ita~ ,deno.teati®n ses'ia~.ly in nui~.cal. carder t regi~tesrable, , ~ n~asbaeacesd 1 ' - 300, Of 8l; 000 a 00 s:aCh e , assd I~atLir$ng on ,aril 1, ae ~:~©~.1cx .~ ~~ ~ t~ 0 5, OOOa in each ®$ ~c yca~'s 15fi1 to ,1970, both inclugiver 10,000. in each of the years 19?1 to ~~.~?9, both inclusive; "15,000. in each of the yea's 1980 to 1983, both inclu~sivet 20,000. in mach o£ the years 1984 to 1988, . both inclu~ivc. Certain of tt~~s~s bonds arc subject to s®d~ption prior to e~tusity, the detai7.n of aich a~aay b+~ z~ecur+~d frOS! the Official Atat~cnt. The bands a•~e gcn~xal obligatioaas of ~e City of Atlantic Beach, Florida, and £ox' the prompt payt~ent ~hes:eof, the full fa#.th, credit and taxing ,po{rra~" og €3aid City is plcdgado '~ha prix~Cipa~l , of and interest on said bogs are payable fro~~and secured by m levy of ad valo~se~a tars withaut 11~it~tion ~ tea rata or mount on all the taxable prop~c~.y tari~hin ~e City; as pso~-~.d~sd in the Ordinance authori~inq said ]ends,' and are i~asucd ~to fin~mcc the coat of the cooatsuction of a '~s systa for said CitSr. Bidders are ~•cgu~asted to n the coupon sate or rates not exce~3ing SY. Bids must be au tted on a fog to be furnished by the City, eu~,:h,bid to be accompanied by a cesstified or cashier~a ch~ck'in the a~rmunt of 060000.000 a~ subject to the unqualified approving 1ega~1 'opinion of Patterson, Fge , Richasda~on & Wafison, Bond Attorneyt~, of Jac~sonvill~, Florida. Ccr.~plete financial infoa~eation, inst~euctiona to bidderB, basis o£ a~~d to successful bidder, bid foa~e, copies o£ the Official Statescaent, end others pertinent '~natarial maay obtained frca~a the undessiga~d City Clark, o~ 'from Pieree~, Cmrrisoa® Te+~ulbe'sn Fin~acial Advisory ~'esvice, Inc., F. O. fox ~.55~?, Jac]~aonvilla l~, Florida. The right to r®jact any and all bids is re~acarved. AdelQ S. Crags, Cit~- C1esl+c " SECTYOB 3, This Resolution shall take effect i~aediately upo~i its passages i .. ,_.~,~ 4Passed by ..fie City C s.~ioat .May '19~h, 1958. `,,.:. - R ` ~ ~ ~, °' Attest; ~~~ ~V .~ - .~; s ~ l~delo ~w.~gfl~Glrmge v A, `~ M ~auity C1WiJ.b 1'i