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051428-Regular MeetingCITY COMMISSION, SANFORD, FLORIDA. 379 MINUTES Regular Meeting MaY 14 at 2 P M The City Commission of the City of Sanford Florida met in regular sesskon at the City Hall in San-ford Florida at 2 O'Clock P M May 14, 1928. Present: Commissioner . # City Clerk E F Houeholder, Mayor $ 0 Chase Frank L Miller F S Lamson City Attorney, George A DeCottes City ~anager, G H Cairns. Chief of Police, R G Williams Oommissioner Miller offered Resolution $368, said resolution being in words and figures as follows, to-wit: RESOLUTION NO "A RESOLUTION PROVIDING FOR AN ISSUE OF BONDS BY THE CITY OF SANFORD FLORIDA. IN THE SUM OF $425,000.00 THE PROCEEDS DERIVED FROM THE SALE THEREOF TO BE ~ED TO R~FUN~ AND PAY CER* TAIN OBLIGATIONS OF THE CITY OF SANFORD FLORIDA FOR THE PAYMENT OF WHICH THE CREDIT OF SAID $ITY IS PLEDGED. PRESORIBING THE FORM A~ND OONDITIONS OF SAID BONDS TO BE SO ISSUED AND PRO- IDING FOR A SINKING FUND FOR THE PAYMENT OF THE PRINCIPAL AND INTEREST OF SAID BONDS." WHEREAS, the City of Sanford, Florida has outstanding obligations in the sum 'of $426,676.31 for the payment of which the ~edit of said City is pledged, a~ shown and disclosed in Official Document A-3, dated May 12, 1926, prepared by Hall and Pentland, Certified Public Accountants, entitled: "Partial Refinancing Program" Now on file in the office of the City Clerk of the City of Sanford, Florida, and WHEREAS; all of said obligations itemized and shown in detail in said Official Document A-3 are wither due, callable,~or payable within less than three months from this date, and WHEREAS, the City Commission of the City of Sanford, Florida deems it expedient and to the best interest of the City of Sanford, Florida to issue bonds in the sum of $425,000.00 the proceeds to be derived from the sale thereof to be used in funding and pay$ing insofar as said proceeds may apply , the said obligations of the City of Sanford, Florida, in the sum o: $426,676.31 for the payment of which the credit of the said City is pledged , as shown and disclosed in detail in said Official Document A-3 prepared by Hall and Pmntland, Certified Public Accountants, under date of May 12, 1928, now on file in the office of the City 01erk of the City of Sanford, Florida, ~s aforesaid. THEREFORE, BE IT RESOLVED THAT, under and by authority of an Act of the Legislature of the State of Florida of 1927, entitled: "An ACT to Authorize the Issuance of Refunding Bonds by Counties, Cities, Town and other Municipal Corporations and Taxing Districts and to pro- vide Their Payment," Duly approved by the Governor of the State of ~lorida, on June 6, 1927, a bond issue in the sum of Four Hundred and Twenty Five Thousand ($425,000.00) Dollars, for the purpose above stated and specifically set forth, be a~d the same is here~authorized; that said bonds shall be of the denomination of One Thousand ($1,000.00) Dollars each, bearing interest at a rate not exceeding six per centum per an~,m, interest payable semi-annually ! on the 1st days of January and'July, eaid bonds to be dated January l, 192~ and to be numbered from I to 425 , both numbers inclusive, said bonds to matrue serially in the followir~ manner ~ to-wit: CITY COMMISSION, SANFORD, FLORIDA, MINUTES Regular ~eeting 14, 1928 2 P N. 19 28 Bonds Numbered from l, to 13 , inclusive to mature Jan l, 1931 Bonds numbered from 14 to 26 inclusive to mature Jan l, 1932 Bonds numbered from 2y to 39, inclusive to mature Jan l, 1933 Bonds numbered from ~O to 52 inclusive, to mature Jan l, 193~ Bonds numbered from 23 to 65 inclusive, to mature Jan l, 1935 Bonds numbered from ~ to 78 inclusive to mature Jan l, 193~ Bonds numbered.from 79 to 91 ~nclusive, to mature Jan l, 19~7 Bonds numberec from 92 to 1Cb inclusive to mature Jan l, 1938 Bonds nUmbered from 105 to llT, inclusive to mature~Jan l, Bonds numbered from ll8 to 130 inclusive to mature Jan l, 19~0 Bonds numbered from 131 to l~5 inclusive to mature Jan l, Bonds numbered from 1~6 to 160 inclusive to mature Jan l, 19~2 Bonds numbered from l~l to lY5 inglusi~e to mature Jan l, Bonds nUmbered from 176 to 190 ~nclusive to mature Jan l, 19~4 Bonds numbered from 191 to 205 inclusive to mature Jan l, 19~ Bonds numbered from 20~ to 2~5 inclusive to mature Jan l, 19~~ Bonds numbered from 22& to 245 inclusive to mature Jan l, 194y Bonds numbered from 246 to 265 inclusive to mautre Jan l, 19~8 Bonds numbered from 266 to 285 inclusive to mature Jan l, 1949 Bonds numbered from 286 to 3~5 inclusive to mature J~a~ l, 1950 Bonds numbered from 306 to 345 inclusive to mature J~ l, 1951 Bonds numbered from 346 t? 385 inclusive to mature Jan l, 1952 Bonds ~umbered from 388 to 425 inclusive to mature Jan l, 1953 both principal and interest of said bonds to be payable at National Park Bank in the City of New York , State of New York, in lawful money of the United States of America. 8aid bonds shall be signed by the Mayor of the City of Sanford, Florida, and by the Clerk of the City of Sanford Florida, and 'the official seal of the City of Sanford Florida shall be affixed thereto. The interest coupons to be attached to said bonds shall be signed with the engraved or lithographed facsimile signatures of said Nayor and said Clerk, the said bonds and coupons, with the necess~ry variations to indicate the different numbers and different dates of maturity, shall be substantially in the following form to-wit: NUMBER DOLLAR~ ~000 UNITED STATE OF AMERICA STATE OF FLORIDA COUNTY OF SENINOLE CITY 0Y SANFORD , FLORIDA REFUNDING BOND SERIES A-3 KNOW ALL MEN BY THESE PRESENTS, That the City of Sanford, Florida, a municipal corporation organized and existing under and in pursuance of the laws of the State of Florida, for value received, acknowledges itself indebted and promises to pay to the bearer hereof the sum of ONE THOUSAND DOLLARS in lawful money of the United States of Americ~ on the 1st day of January A.D. 19 .i with interest thereon at the r ate of per centumper a~m~m, payable semi-annual~~ July 1st, and January 1st of each year on presentation and surrender of the interest coupons hereto annexed as they severally become due, both principal and interest being payable at NATIONAL PARK BANK in the City of New York, State of New York. This bond is one of a series of 425 bonds aggregating Four Hundred and Twenty -five Thousand ($425,000.00) Dollars, of like date and tenor, except as to maturity, issued by the City of Sanford, Florida, for municipal purposes, in strict conformity with the Constitution and Laws of the State of Florida, including among others an Act of the CITY COMMISSION, SANFORD, FLORIDA,. minutEs May 14 19¸-- City of Sanford Florida, duly had and adopted. IT IS HEREBY 0ERTI~IED, RECITED AND DECLARED, That all acts, conditions and things required by law to exist, happen and be performed, precedent to and in the issuance of this bond, have existed, have happened and have been performed in regular and due time, form and manner, as required by law, and that the amount of this bond together with all other indebt- edness of the City of Sanford Florida, does not exceed any limit, prescribed by the Con- stitution and Statutes of the State of Florida, and that before the issuance of this bond, provision has been made by resolution of the City 0ommission to assess amually a tax upon all real and personal property, railroads, telegraph and telephone lines owned or situated within the 'City of Sanford, Florida to realize a sum sufficient to pay the interest upon this bond as it may become due and to create a sinking fund for the payment of the principal hereof at the maturity of the same, and that the issue of bonds, of ~which this bond is a part, has been duly confirmed and validated by a decree of the Circuit Court of the Twenty-third Judicial Circuit of the State of Florida, in and for Seminole County, in a proceeding begun by the City of Sanford, Florida, a municipal corporation, against the State of Florida, of which proceeding notice was duly and regularly given to the State of Florida and to the public. And for the payment of the principal and interest of this bond the full faith and credit of the Oity of Sanford, Florida is hereby irrevocably pledged. IN WITNESS WHEREOF, the City of Sanford Florida, has caused %his bond to be signed by its Mayor and by the City Clerk, and its corporate seal to be affixed hereto, and has further caused the interest coupons hereto attached to bear the lithographed facsimile sig- natures of the said Mayor and said City Clerk, and this bond to be dated the 1st day of January A.D. 1928 Mayor of the City of Sanford Floridai Attest: City Clerk (FORM OF INTEREST COUPON) ON THE FIRST DAY OF JULY 19iI ' Janu~l~ 19L~l CITY OF SANFORD, FLORIDA. will bay the bes~rer in lawful money of the United States of America at NATIONAL PARK BANK, in the 0ity of New York, State of New York, being six months, interest then due on its Refunding Bonds, series A3, dated January l, 1928, payable from a tax to be assessed, levied and collected upon all taxable prop- erty within the boundaries of the said City of Sanford Florida. (Bond No.) Clerk SERIES A-3 Mayor. 382 CITY COMMISSION, ¢[ANFORD, FLORIDA, MINUTES Regular ~eeti~ ~a~ l~ 2 P ~ in Chancery Oerder Book No. on page , of the records of the Circuit Court of the Twenty-third Judicial Circuit of the State of Florida, in and for Seminole County. 01erk of the Circuit Court of the 23rd. Judicial Circuit of the State of Florida, in and for Seminole County ( SAID BOND8 TO BE ENDORSED ON THE BACK AS FOLLOWS:) NUMBER CITY OF SANFORD , FLORIDA REFUNDING BOND SERIES A-3 $1ooo Interest I'I ~ per anmum Dated January 1st, 1928 Interest Payable Semi-annually on January. lst and July 1st. Principal due January 1st, 19 Both principal and Interest payable at NATIONAL PAP~K BANK New York, N.Y. BE IT FDRTHER RESOLVED, that for the purpose of providing funds for the prompt payment of of principal and interest of said bonds as the same become due there shall be and there is hereby levied, assessed and ordered to be collected upon all taxable property within the boundaries of the City of Sanford, Florida, a direct continuing annual tax during each year said bonds, or any of them, are outstanding and tunpaid, sufficient to produce in each year the interest on said bonds becoming due in said year, and an amount sufficient to provide for a sinking fund to pay the principal of said bonds as they severally mature, and said special tax, as and when collected , shall be placed in said sinking fund and used exclusively for the payment of interest and the redemption of said bonds as they severally become due and payable and shall not be used for any other purpose, and, BE IT FURTHER RESOLVED, That when said bonds are lawfully sold, same shall thereupon be duely executed by said Mayor and the said Clerk in the f cfm and manner hereinabove set forth, and said bonds when so executed shall thereupon be forthwith delivered by said Mayor and said Clerk to E F Housholder, S 0 Chase and Frank L ~iller, composing the City Commissiom of the City of Sanford , Florida, ex-officio bond trustees of the City of Sanford, Florida, as their successor or successors in office, for delivery in due course to the purchasers thereof. BE IT FURTHER RESOLVED That this Resoluition shall be and become effective immediate- ly from and after its passage and adoption. Adopted this lSth day of May A D 1928 E F Housholder S 0 Chase ,,,Frank L M,iller CITY COMMISSION, SANFORD, FLORIDA. MINUTES Regular meeting May 1~, 2 P M 19. 28 voting Thereupon the roll w~s called upon the adoption of upon said resolution were: E F Housholder Aye S 0 ghase Aye Aye Frsmk L Miller The Olerk was ordered said resolutiom, and those to advertise for sale on the llth day of June A.D. 1928 at TWo O'Clock P M 425 bonds of the issue of $425,000.00 authorized by Resolution ~368. The bonds to be offered for sale on the llth day of June A.D. 1928 to be the bonds des- cribed in the notice of sale of said bonds hereinafter set forth in words and figumes as follows: NOTI.0E OF SALE OF BOND$ Notice is hereby given that up to and until Two O'Clock P M on the tlth day of June A D . 1928 sealed proposals will be received by E F Housholder, S O Obese and Frank L Miller, as the City Commission of the City of Sanford, Florida, and as ex-officio bond trustees of the City of Sanford, Florida, at the City Hall at Sanford, Florida, for the purchase of refunding bonds of the City of Sanford, Florida to 'the amount of Four Hundred and Twenty-five Thousand($425,000.O0) Dollars of an authorized issue of refunding bonds in the sum of Four Hundred and Twenty-five Thousand ($425,000.00) Dollars, authorized, under an act of the Legislature of the State of Florida, 1927, entitled: "An Act to Authorize the Issuance of Refunding Bonds by Oounties, 0ities, Towns and Other Municipal Corporations and Taxing Districts and to Provide for their Payment," duly approved by the Governor on the 6th day of June A D 1927, to be issued pursuant to a resolution of the City Commission of the City of Sanford, Florida, duly adopted. Bidders are requested to name the rate of interest the bonds are to bear in multiples of 1/4 of 1% not exceeding six per centum per annum. Split interest rate bids may be sub- Award to be made at the lowest rate of interest and highest price on such lowest mitred. rate. The Four Hundred and Twenty-five Thousand ($425,000.00) Dollars Refunding bonds to b~ sold are dated January l, 1928, interest payable semi-annually on July 1st and January 1st of each year, both principal and interest being payable at National Park Bank in the City of! New York, State of New York, said bonds being of the denomination of One Thousand ($1,O00.00)! Dollars each, maturing thirteen bonds per year from January 1st, 1931, to January 1st, 1940 inclusive, and fifteen bonds per year from January 1st, 1941 to January 1st, 1945, inclusive twenty bonds per year from January 1st, 1946 to January 1st, 1950 , inclusive, and forty bonds per year from January 1st, 1951 to January 1st, 1953, The numberes of the bonds and the maturities thereof aggregating Four Hundred and Twenty-five Thousand ($425,000.00) Dollars of said authorized issue of Four Hundred and Twenty-five Thousand ($425,000.00) Dollars to be offered for sale on the llth cay of June A D 1928 , being as follows, to-wi~: Bonds numbered Bonds numbered Bonds nuSbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered from 1. to 13_inclusive, to mature Jan 1, 1931 from 1% to 26 inclusive to mature Jan 1, 1932 from 27 to 39 inclusive to mature Jan 1,1933, from 40 to ~2 inclusive to mature Jan l, 193% fromb6 to 78 inclusive to mature Jan 1, 1936 from 79 to 91 ~nclusive to mature Jan 1, 1937 MINUTES CITY COMMISSION, SANFORD, FLORIDA, Regular Meeting Nay 14, at 2 P N 385 the Legislature of the State of Florida, 1927, entitled: "An Act to Authorize the Issuance o: Refunding Bonds by Counties, Oities, Towns and Othe~ Municipal Corporations and taxing Districts and to Provide for their payment", duly approved by the Governor on the 6th c ay of June A D 1927, to be issued pumsuant to a resolution of of Sanford Florida, duly adopted. Bidders are requested to name the rate of interest the City Oommission of the City the bonds are to bear in multiples of 1/4 of 1%, not exceeding six per centum per annum. Split interest rate bids may be submitted. Award to be made at the lowest rate of interest and highest price on such lowest rate. The bonds to be sold are dated Jan~ta~y 1st, 1928, interest payable semi-annually on July 1st, and January 1st, of each year, both principal and interest being payable at National Park Bank in the City of New York, State of New York, said bonds being of the denomination of~ One Thousand ($1,0OO.O0) Dollars, each, maturing five bonds per year from January 1st, 1931, !to January 1st, 1948 , inclusive, and twenty bonds per year from January let, 1949 to January lsd, 1952 inclusive, and thirteen bonds maturing January let, 1953,. The numbers of the bonds and the maturities thereof aggregating One Hundred and Eighty-three Thousand ($183,000.O0) Dollars of said authorized issue of Six Hundred and Ninety-three Thousand ($693,000.00) Dollars to be offered for sale on the llth day of June A.D. 1928, being as follows, to-wit: Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered Bonds numbered from 21 to 25, to mature January l, 1931 from 46 to 50 to mature January l, 1932 from 71 to 75 to mature January l, 1933, from 96 to lOO to mature January l, 193~ from 121 to 125 to mature January l, 1935 from 146 to 15o to mature January l, 193~ from 17~ to 175 to mature January 1, 1937 from 19b to 200 to mature January l, 1~38 from 221 to 225 to mature January l, 1 from 246 to 250 to mature January 1, 1 from 27~ to 275 to mature January l,1 from 29b to 300 to mature January 1 fr°m321 t° 325 t° mature January I1_ from 346 to 350 to mature January 1 from 37~ to 375 to mature January 1 from 39~ to ~9o to mature January I 1 from ~21 to, ~25 to mature January 1 1947 from .446 to ~5o to mature January 1 from ~81 to 500 to mature January I 19~9 from 531 to 550 to mature January I 1950 from ~81 to 600 to mature January i 1951 from ~31 to ~50 to mature January 1 1952 from 681 to b93 to mature January i 1953 No bid at less than 95% of par and accrued interest to date of delivery will be con- sidered, and the Commission reserves the right to reject any and all bids if, in its opinion, the price offered therefor is inadequate or the rate too high. Said bonds constitute general obligations of the City of Sanford, Florida, and the full faith and credit of the Oity of Sanford Florida, is irrevocably pledged for the payment of the principal and interest of said issue of bonds. The bonds offered for sale are to be sold subject to the approving opinion of Cladwel~ & Raymond, Attorneys, New York City, to be furnished by the City of Sa~uford, ~lorida. All bids must be accompanied by a certified Check for two per cent of the amount of thi bonds to be sold. Proposals to be addressed to E ~ Housholder, S 0 Ch~se and Frank L Miller, as the 0ity 0ommission of the City of Sanford, Florida, and as ex-officio Bond Trustees of the City of Sanford, Florida, at Sanford Florida. CITY COMMISSION, SANFORD, FLORIDA, MINUTES R~GULAR NEETING NAY 14 at 2 P M 19 2~ Petition from property owners to have gates erected at Rand's Siding where the Atlantic Coast Line R. R. crosses~West First Street, which was presented to the City Commis$1o~ meeting at a previous/and action deferred, was again brought up, Nr T L Dumas, Supt. of the A C L R. R. Co. being present to discuss the matter with the Commission. After a discussion of the various ways of protecting the public at this crossing, whether by gates, stop lights, or the construction of an underpass or viaduct. Nr Dumas was reGuested to have the Engineering Department of the Atl~utic Coast Line Ry. Co. prepare figures as to the approximate cost of the construction of an underpass , and ~lso a viaduct It being the sense of the Commission that this method would be the most satisfactory, and Nr Dumas stating that the Railroad Co. would bear one-half the cost of such a structure. Communication from the City Planning Co,lesion recommending that lots 12, 13, 18 and 19 in Wellington's Addition, the E. 120 ft. of Frank L Niller's property on Park Ave. be~ tween Sixteenth St. and the Railroad, also the property of Nfs Nunson on the East side of Park Ave. and adjacent to the Ovideo Branch of the A C L R.R. be placed on the Official Zoning Lap of the City of $anford as local business section. Action deferred until such time as ~ special meeting could be held with the City Planning Board, at which time.the matter of a City Zoning Ordinance being adopted would also be thoroughly gene into. Nr John Fox appeared in behalf of Nfs T E Wilson, and submitted the offer to give a quit claim deed to the west half of Cedar Ave. from Sixth St. south to the A.C.L.R.R. tracks, for $1,000.00, Nfs Wilson owning the property abutting on the west side of Cedar avenue between Sixth St. and the A C L R.R. Co. tracks and the City desiring t~ abandon this portion of Cedar Avenue; this step being necessary on account of the City havin$ built a gas holder on this property through error and a clear title needed before transferring to the SanTord Gas Company, the purchaser of the Gas Plant. Commissioner Niller moved that the proposition of Ers Wilson be accepted. The ex- penditure to be charged'against the contingent appropriation. Seconded by Commissioner Chase and unanimously carried. Commissioner Niller moved that the real estate taxes against Lot 6 Blk 13 Tr. 5, according to E R Trafford's Lap of the City of Sanford Fla. for the years 1926 and 1927 be cancelled, it appearing that this property was purchased by the Trustees of the Free ~ethodist Church of North America for church purposes on December l?, 1925. Seconded by Commissioner Chase and unanimously carried. Communication from ~rs S 0 Shinholser resigning as a member of the Library Board was read. Notion made by Commissioner Miller that same be accepted. Seconded by Commissioner Chase and carried. Communication from Nr J Nusson notifying the City Commission that if certain proper- ty assessed to him and others in the City of $anford, Florida is sold, or offered for sale for non-payment of 192y taxes, he would be compelled to commence action against the City of ~Vord, was read, and ordered filed. Invoice of Sanford Electric Contracting Co. amounting to $101.75 for installation of electric fixtures in Fire check in payment of same. City Engineer F.T. cracks in paving of streets within the City limits, amount of Station on Palmetto Ave. approved, and the Clerk ordered to draw Williams submitted report as to the cost of repairing and filling estimate $1075.00. CITY COMMISSION, SANFORD, FLORIDA. MINUTES Regular Meetin6 May 14 387 Upon motion duly adopted, the Clerk was authorized to draw check in favor of the Seminole County Welfare Board for $100.OO , same to be used toward defraying the cost of trans. portation of two destitute families by the names of Bowman and Dillard to,heir homes in other states, it appearing that these families would otherwise become a public charge. City Engineer Fred T Williams was instructed to furnish the City Attorney with a state- ment of the gross amount required in order to complete the paving of streets within the Oity Limits where the paving has been commenced but not completed, and the City Attorney was in- structed to advertise for sale , bonds in an amount equal to,or approximately equal to the estimate furnished the City Attorney by the City Engineer. Upon motion duly adopted, the City Tax 0ollector was instructed to immediately levy upon any personal property where the 1926 personal taxes have not been paid. The City Clerk was also instructed to withhold payment of any accoun~ where the payee has failed to pay his 1926 personal tax , until such personal tax shall be paid. Upon motion duly adopted the 1927 Personal Tax of P H Lansing Jr. amounting to $4.35 was ordered cancelled, it appearing that this assessment had been made twice. Monthly report of City Manager G H Cairns submitted and accepted. Current invoices and payrolls as vouchered by the Agcounting Department were sub- mitted, examined, approved, and the Clerk instructed to draw checks in payment thereof. Bank statements for the month of April 1928 in all accounts were submitted, examined and ordered filed. Regular Financial Statement and statement of revenues and expenditures for the month of April 1928 as prepared by the Accounting Department, submitted and approved. There being no further business, the meeting adjourned. Attest~~ City Clerk. Mayor