HomeMy WebLinkAbout262 AN ORDINANCE OF THE CITY OF SANFORD, FLORIDA,
REPEALING 0~TAIN ORDINANCES pROVIDING FOR TH~ ISSUANCE
OF 0~TAIN BONDS WHICH HAVE NOT BE~ ISSUED BY THE OITY
AND REPEALING 0ERTAIN ORDINANOES AS TO C~TAIN BOND~
AI2THORIZED THEREBY ,,WHICH HAVE NOT BEEN ISSUED BY THE CITY
AND CANCELING ALL UNEIPE~DED APPROPRIATI01~ OF FUNDS TO
BE RECEIVED FROM UNISSUED BONDS AUTHORIZED BY CERTAIN
ORDINANCES ·
I~IEREAS, By Ordinance l~tmber ~, passed and
10th ~ay of December 1923, the Oi~Y of Sanford,
adopted on the
issue its bonds in the aggregate
Florida, was authorized to p,ArpOSS of acquiring an electric
cum of $~10,0~0.00 for the
light plant for said city a~l the funds to be derived from
the sale of said bonds ware appropriated for such purpose,
but the bonds authorized by said ordinance have not Been
iseued; and
WHEREA~, By Ordinance Number 117, passed and
adopted on the 8th day cf-March 1926, the City of Sanford,
Florida, was authorized to issue its bonds in the aggregate
sum of $40,000.00 for the purpose of constructing a fire-alarm
and police-telephone system in said city and the fuuds to ~
derived from the sale cf said bonds were appropriated for such
l~Arpoaes, but the bonds authorized by said Ordinance have not
been issued; and
WHEREAS, BY Ordinance Number 119, passed and adopted
on the 8th day of March 1926, ~he Oi~Y of Sanford, Florida,
was authorized to issue its bonds in the aggregate su~ of
$400,000.00 for the purpose of constructing docks and wharves
in said city and the funds ~o be derived from the sale of
said bonds were appropriated for such purposes, but the bonds
authorized by said ordin~ace have not been issued; and
WHEI~EAS, By Ordinance Number 145, passed and adopted
on the l~th day of December 1925, the City of Sanford, Florida,
was authorized to issue its bonds in the aggregate sum of
$250,000.00 for the purpose of erecting a hospital in said
city and the funds to be derived from the sale of said bonds
were appropriated for such purpose, but the bonds authorized
by said Ordinance have not been issued; and
WHEREAS, said bonds are still carried in the
accounts of the city aa authorized bond issues and the appro-
priations for the expenditure of the proceeds to be derived
from the sale of said bonds are likewise carried in the
accounts of said city as authorized appropriations, and the
City Commission is of the opinion that said Ordinances should
be repealed and said authorized appropriations canceled; and
WHEI~AS, By Ordinance Number 30, passed and adopted
on the 10th da~ of April 192~-, the City of Sanford, Florida,
was authorized to issue its bonds in the aggregate sum of
$6~5,000.00 for various l~rposes, and the funds to be derived
from the sale of said bonds ware appropriated for such purposes,
of which bonds, bonds in the aggregate sum of $~.5,000.00 were
issued for various purposes, leaving bonds in the aggregate
sum of $300,000.00, which were authorized for the City's
share of the cost of street paving, which have not been issued;
and
Wl~EREAS, By Ordinance Number 11~, passed and a~opted
on the 8th day of March 1926, the 011~ of Sanford, Florida, was
authorized to issue its bonds in the aggregate sum of $150,000.00
for the purpose of erecting a fire station in said City, and
the funds to be derived from the sale of said bonds were appro-
priated for sach purpose, of which bon~s, bonds in the aggregate
sum of $100,000.00 were issued for said purpose, leaving bonds
in the aggregate s~m of $50,000.00, authorized by said ordinance,
which have not been issued; and
~AS,the portions of the bonds authorized by the
aforesaid ordlnanceswhich have not been issued are still oarrie~
in the accounts of the city aa authorized bond~ and the appro-
priations of the proceeds to be derived from the sale of said
portions of said bonds are still carried in the accounts of
the city aa authorized apl~opriations, and the City Commission
is of the opinion that said ordinances so far as they relate
to the portions of the bon~a authorized thereby which have
not been issued, should be repealed and said appropriations
so far as they relate to the funds to be derived frc~ the sale
of the bonds authorized by said ordinances but which were not
issued, should be canceled,
THEREFORE, BE IT ]~ACTED BY THE PEOPLE OF THE 0ITY
OF SANFORD, FLORIDA:
Section 1. That Ordinance Number 68, passed an~
adopted on the 10th day of December, 19P-3, authorizing the
City of Sanford, Florida, to issue its bonds in the aggregate
sum of $~10,000.00 fcr the purpose of acquiring an electric
light plant in said city, be and the same ia hereby repealed
and the appropriation o~ the ffunds to be derived from the
ssle of ssid bo~ds Be, and the s~me is herebycanceledo
Section 2, T~ Ord~n~ n~ber ~1~, ~e~ed ~
adopte~ on the 8th ~ of M~ch 1926, ~thorizing ~he
of Sanford, Florida, to lss~ its bo~s in t~ ag~ega~e
~m of ~0,000.00 for the ~po~ ~ constructing a
alarm and ~lice-telepho~ syat~, ~, ~d the m~ la
hereby repea~d and the appro~iations of the ~s to be
~erived from the s~e of said bon~s be, and the same ~e
hereby c~celed.
Section ~. ~at Ordinance N~ber ~9, passed
adop~e~ on the 8th ~Y of March, 1926, authoriz~g the 0ity
of S~ford, Flori~, to issue its bonds In the ag~egate
of ~0,~0.00 for ~he p~se of constr~e$1ng docks an~
wharves in said ci~ be, ~d the s~e is h~eby ~aled, and
the appropriation of the f~s to be derive~ from the s~e of
said bo~s be, an~ the same is hereby c~celed.
Section 4. That 0rdi~nce N~ber 1~, passed and
adopted on the ~th day of Deoem~r, 1925, authorizing the
City of S~ford, Florl~, ~o la~e its bonds In ~he ag~egate
z~ of $250,000.00 for ~he purpose ~ erecting a hospital
said cl~ be, and ~he s~e is hereby repealed, ~ the appro-
priation of the funds to ~ derived from the sale of said
bonds be, a~ t~ s~ is hereby cancele~.
Section 5. That Ordl~nce N~ber ~, ~ssed and
adopted on the 10th ~y of A~il, 19~, ~thorlzlng the 01ty
of S~ord, Florida, ~ issue its honda In the ag~ega~e
of $625,000.00 for vario~ ~po~s, be, and t~ s~
hereby repeale~ so far as said Ordinance relates to the
beads in the aggregate sum of $~00,000.00 authorized
therebY, which have not been issued, an~ the appropriation
of the fun~s to he derived from the sale of said bonds, so
far aa it relates to the proceeds of the bonds authorized
by said ordinance but whieh were not issued, be and the
sase is hereby canceled.
Section 6. That Ordinance Number 11~, passed and
adopte~ on the Sth day of March, 19~6, authorizing the 0ity
of Sanford, Florida, to issue its bonds in the aggregate
su~ of $150,000.00 fc~ the purpose of erecting a fire station
in said city be, am~ the sem~ is hereby repealed in so far
aa said Or~inanee relates to the bonds in ~he aggregate sum
Of $50,000.00 authorized by said Ordinance, which have not
been issued, and the appropriation of the funds to be ~erlved
from the sale of said bonds so far as it relates to the pro-
seeds of the honda authorized by said Ordinance but which were
not iesue~ be, and the same is hereby canoele~.
Section 7. That all Ordinances and parts of Ordinances
in conflict herewith be, aml the same are hereby repealed.
Section 8. That this Ordinance shall becane effective
lm~ediatelY upon its passage am~ adoption.
Passed and adopted this _22~d day of N~ovember 19~?.
As th~/01tY C~Sslon of the
Ci~ of Sanford, Florida.
I, F. S. Lamson, City Clerk of tile City of Ssmford,Florida, ke~eby
certify that a true copy of fore.~foing Ordinance No. 262, passed and
adopted by the City Co~mission of the City of Sanford, Florida, on
1937, u~az POSTED at the front doo= of the
Sanford, Florida, on this the 27th day of
the 22nd day of ~ovcmber,
City Hall in the City of
November, !93Y.
Florida.