HomeMy WebLinkAbout1415ORDINANCE NO. 1415
AN ORDINANCE SUPPLEMENTING ORDINANCE NO. 1349
OF THE CITY OF SANFORD, FLORIDA, ENTITLED:
"AN ORDINANCE PROVIDING FOR THE REFUNDING
AND REFINANCING OF AN OUTSTANDING OBLIGA-
TION OF THE CITY OF SANFORD, FLORIDA, AND
THE ACQUISITION AND CONSTRUCTION OF A NEW
CITY HALL.AND PUBLIC WORKS COMPLEX FOR
THE CITY; PROVIDING FOR THE ISSUANCE' OF NOT
EXCEEDING $2,100,000 PUBLIC IMPROVEMENT
REVENUE BONDS, SERIES 1976, OF SUCH CITY TO
PAY THE COST OF SUCH PROJECT; PROVIDING
FOR THE RIGHTS OF THE HOLDERS OF SUCH BONDS;
PROVIDING FOR THE PAYMENT THEREOF; AND
MAKING CERTAIN OTHER COVENANTS AND AGREE-
MENTS IN CONNECTION WITH THE ISSUANCE OF
SUCH BONDS."
DULY ENACTED BY THE CITY ON AUGUST 9, 1976,
AS AMENDED; CANCELLING AND RESCINDING THE
AUTHORITY TO ISSUE $1,350,000 PRINCIPAL AMOUNT
OF THE $2,100,000 PUBLIC IMPROVEMENT REVENUE
BONDS, SERIES 1976, AUTHORIZED BY SUCH ORDINANCE.
BE IT ENACTED BY THE PEOPLE 'OF SANFORD, FLORIDA:
SECTION 1. Authorization for the issuance of $1,350,000
principal amount of the $2,100,000 Public Improvement Revenue Bonds,
Series 1976, of the City of Sanford,-Florida, contained in its Or~
dinance No. 1349, as amended, is hereby rescinded and cancelled.
SECTION 2. This ordinance shall take effect in the manner
providedby law.
Attest:
C, flt~lerk
PASSED and ADOPTED this 23rd , A.. D' '
Mayor
1978.
As the City Commission of the
City of Sanford, Florida.
CERTIFICATE
I, H. N. Tamm, Jr., City Clerk of the City of Sanford,
Florida, do hereby certify that a true and correct copy of the
foregoing Ordinance No. 1415, PASSED and ADOPTED by the City
Commission of the City of Sanford, Florida, on the 23rd day
of January, 1978, was POSTED at the front door of the City
Hall in the City of Sanford, Florida, on the 24th day of Janu-
ary, 1978.
City of Sanford, Florida