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S PEC IA' 11EET TUG 0 THE CITY C 01, i,1I uI OI
.110 ', JU11E 5,1922
Meeting called to order at 2 P.T.Z. Prezer_t: C E Henry, Tvlayor, S 0 Chase
and Forrest Lake Commissioners, C J Ryan, City 14anager, G.G.Herring, City Atty.
Communication from Landis,Fish E- Hull; Re: settlement Bulkhead Lien 1,
with Lake .wont Improvement Co. read and the following resolution was offered by
Commissioner S 0 Chase.
RESOLUTION. *A Ck
A Resolution Authorizing the Mayor and City Auditor and Clerk of the City
o f Sanford, Florida, to Cancel Certain Outstanding Certificates of Indebtedness and
Liens against the Property in the Bulkhead District of the City of Sanford, Florida
and Authorizing the City Commission of the City of Sanford, to Aceept in Lieu There-
of a Certain Uote and Tvlortgage Covering Certain 2roperty in said Bulkhead District,
and Authorizing the Attorneys of the City to Procure an order of the Judge of the
Circuit Court for Zieminole County, Florida, Dismissing the litigation now Pend--
ing in said -ourt and :Declaring the i3ame to be an Emergency Tieasure Necessary for
the Immediate Preservation of the Public Property and for the "Telfare of the City
of Sanford, Florida.
v1HEREAS The City of Sanford is the holder of a certificate of Indebtedness
covering the following described property in the City of Danford, in the Bulk-
lead District of said City;
Beginning at a point wherer the Forth Line of Commercial Street extended East,
.nt ersects the East line of 6anford Avenue, thence North 318.55 feet to a point 80
'eet Southwesterly ! measured at right angles ) from the Northerly line of concrete
- etaining wall, thence South 69 degrees, 17 minutes East, parallel with said re-
ainir_g wall 121.25 feet, more or less, to Vest lire extended of an alley between
anford Aveneue and Cypress Avenue, thence South 275.6 feet to a point East of Begin
ing, thence 'Nest 113.4 feet, more or less, to beginning, the same being the prop-
y of LAIKEFRONT I1V12- -'OVE1 -!E1TT C01.12ANY
VH;�;EAS the City of Sanford is now undergoing expensive litigation in attempt -
ng to foreclose the aforementioned certificate of indebtedness on said property,
nd
�'THEREAS the City Commission of the City of Sanford is informed that the present
owner of said property contemplates and is planning valuable improvements and the
erection of a large hotel and other buildings upon part of the above described
property, which improvements and buildings will greatly add to the civic beauty of
the City of Sanford, and be a great benefit to the City, and
YMREAS the City Commission believing it for the best interests and welfare of
the City of Sanford, that the aforementioned litigation be compromised, adjusted
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and settled amicably , and
WHEREAS a committee from the Chamber of Commerce of the City of Sanford,
Florida, has requested the City Commission to settle said litigation, as a set-
tlement thereof would be for the best interests of the City of Sanford, and
WHEREAS this is an emergency measure necessary for the immediate preser-
vation of the public property of the City of banfo rd,
NOW THEREFORE, BE IT RESOLVED BY THE CITY COM1vIIS6ION OF THE CITY OF SANFORD
FLOflIDA, AS FOLL01;11SY
SEC`.PION 1. That the Mayor and City Auditor and Clerk of the City of Sanford,
Florida, are hereby authorized and directed to cancel the lien and certificate of
indebtedness now held by the City of Sanford, Florida, and to discharge the same
of record on the following described land in the bulkhead District of the City of
Sanford Florida.:
Beginning at a point where the North line of Commercial Street extended East
intersects the East line of Sanford Avenue, thence North 318.55 feet to a point
80 feet southwesterly ( measured at right angles) from the Northerly line of Con-
crete retaining wall, thence South 69 degrees, 17 minutes East, parallel with
said Retaining wall 121.25 feet, more or less, to west line extended of an alley
between 6anford Avenue and Cypress Avenue, thence South 275.6 feet to a point East
of beginning, thence West 113.4 feet more or less to beginning, same being the prop-
erty of Lakefront Improvement Company.
SECTION 2. That the Mayor and City Auditor & Clerk of the City of Sanford,
Florida., are hereby authorized and directed to accept on behalf of the City Com-
Mission of the City of Sanford, in compromise settlement of the Lititgation now
pending in the Circuit Court, to-wit:
City of Sanford, a Municipal Corporation
of the State of Florida.
Complainant,
vs.
F L WOODRUFF and MINNIE D WOODRUFF
his Wife,
Defendants,
in full settlement of said suit and the lien therein described and sought to
be foreclosed, the following securities, to -wit:
One note bearing date the First day of April A.D.1921, executed by
Lakefront Improvement Company, a corporation, in the sum of Three Thousand Sig
Hundred Sixty -three and 92/100 Dollars ( $3,663.92) and payable on or before five
.years after d&te, with interest at Eight per cent. (80) per annum, and as
further security a mortgage executed by Lakefront Improvement Company, a corporation
covering:
Beginning at a point where the North line of Commercial Street extended
East, intersects the East line of Sanford Avenue, thence North 318:55 feet to a
Point 80 feet Southwesterly ( measured at right angles, ) from the Northerly line
of concrete retaining wall, thence south 69 degrees,17 minutes East, parallel with
said retaining wall 121,25 feet, more or less, to west lire extended of an alley
between S
between Sanford Avenue and Cypress Avenue, thence South 275.6 feet to a point East
of Beginning, thence West 113.4 feet, more or less to beginning.
SECTION 3. That Landis, Fish & Hull, the solicitors for the City of Sanford,
in the above.mentioned litigation, are hereby authorized and directed to procure an
order o L the Circuit Court for Oeminole Count, Florida, dismissing the present Liti-
gaiton in said Circuit Court, involving the bulkhead lire on the property described
herein.
SECTION 4. That this resolution is hereby declared to be an.emergency measure nece
ary for the immediate preservation of the public property and for the welfare of
the City of Sanford, and shall take effect from and after the date of its passage.
The adoption of the above resolution was moved by S 0 Chase, seconded by
Forrest Lake, on the 5th day of June A.D.1922, and on vote the same was unanimously
passed as follows.
Chas. _E Henry Yea
T Mayo r.
S 0 Chase Yea
Commissioner
Forrest Lake _ Yea
Commissioner.
Attest: Seal)
L R Philips
City-Tiditor & Clerk.
In conformity with the foregoing resolution the Mayor and Auditor & C1
theneexecut ed a release of Bulkhead lien 41 as stated in the said resolution, and all
papers transmitted to Messrs Landis,Fish & Hull, Attorneys for the City in this Matter.
There being no further business the meeting adjourned.
.f.. yo r
Attest
-'amity ud� itor Clerk.
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