1967-553t
ORDINANCE NO. 553
AN ORDINANCE authorizing the issuance of
$850,000 Public Improvement Revenue Bonds,
Series 1967, of City of South Miami, Florida,
providing for the payment and sale of such
bonds, entering into certain covenants and
agreements in that connection, and declaring
an emergency.
WHEREAS, it is necessary `for the City of South Miami to
make construct, improve, extend municipal improvements and
utilities consisting of sanitary sewerage collection facilities,
force main facilities for disposal of sewerage, a building to
be used as a tnii'rcipal library, public parks, a public works
facility, and the acquisition of land necessary for such
construction, improvements and extensions; and
WHEREAS, it is necessary to borrow the sum of $850',000 for
the purpose of paying the cost of said construction, improvements
and extensions and said City desires to issue its Public ImProve-
i
ment Revenue Bonds,. Series 1967, as hereinafter authorized, to
evidence such borrowing; and
WHEREAS, pursuant to proceedings heretofore adopted said
City has been levying a tax on the purchase of certain utilities
services, the proceeds of.which tax are now pledged only to the
payment of certain Public Improvement Revenue Bonds, Series,
1965; and'
WHEREAS, under the provisions of Subsection 4.092 of the
ordinance authorizing said bonds additional bonds may be issued
on a parity with said Public Improvement Bonds, Series 1965, if
the conditions therein prescribed are met; and
WHEREAS, upon the issuance of the bonds herein authorized
all of said conditions will have been met; and
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WHEREAS, because of the urgent need of the City for the
facilities to be acquired with the proceeds of the bonds here-
in authorized an emergency exists and it is necessary that
this ordinance be adopted at the same meeting at which it is
introduced;
NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR`AND CITY
COUNCIL OF CITY OF SOUTH MIAMI, FLORIDA:
ARTICLE I
DEFINITIONS
That as used herein the followln4 terms shall have the
following meanings unless the context otherwise clearly
requires:
1.01 "City shall mean the City of South Miami, Florida.
1.02 "Bonds" and "bonds herein authorized" mean the
$850,000 Pulil'ic Improvement Revenue Bonds, Series 1967, of
City of South Miami, Florida, authorized by this ordinance.
1.03 "1965 bonds" means the Public Improvement Revenue
Bonds,'Series 1965, dated July 1, 1965, originally issued by
the City in-the amount of $700,000.
1.04 "Ordinance Number 520" and "1965 bond ordinance"
mean Ordinance Number 520 adopted by'the Mayor and City Council
of the City on June 7, 1965, authorizing the issuance of the
1965 bonds.
1.05 "Parity bonds" means obligations issued on a parity
with the bonds herein authorized under the provisions of sub-
section 4.092 of the 1965 bond ordinance.
1.06 "Utilities tax" has the same meaning as provided in
Article I of Ordinance"Number 520.
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ARTICLE II
BOND DETAILS
2.01 That for the purpose of paying the cost of construct-
ing, improving, extending municipal improvements and utilities
consisting sanitary sewerage collection facilities, force
main facilities for disposal of sewerage, a building to be used
as a municipal library, public parks, a public works facility,
and the acquisition of land necessary for such construction,
improvements and extensions and paying all expenses properly
incident`the'reto and properly incident to the authorization and
issuance of the bonds herein authorized, there are hereby
authorized to be 'issued the Public Improvement Revenue Bonds,
Series 1967, of said City in the aggregate principal amount of
$850,000.
2.02 That said bonds shall be dated January 1, 1967, shall
be in the denomination of $5,000 each, shall be numbered 1 to
170, inclusive, shall bear interest from date until paid at the
rate of five per cent (5 %) per annum or such lesser rate or rates
as may be fixed by resolution after the sale of such bonds as
hereinafter provided, which interest shall be payable July 1,
1967 and semi - annually thereafter on the first days of January
and July of each year, shall be payable as to both principal
and interest in lawful money of the United States of America
at the First National Bank of South Miami, South Miami, Florida,
and shall mature serially in numerical order on January 1 of
each of the years as follows:
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BOND NUMBERS
AMOUNT
YEAR
1
to
3
$15,000
1969
4
to
6
15,000
1970
7
to
9
15,000
1971
10
to
12
15,000
1972
13
to
15
15,000
1973
16
to
18
15,000
1974
19
to
22
20,000
1975
23
to
26
?n,OnO
1976
27
to
30
20,000
1977
31
to
34
20,000
1978
35
to
38
20,000
1979
39
to
42
20 -,000
-1980
43
to
47
25,000
1981
48
to
52
25;000
1982
53
to
57
25 ;000
1983
58
to
62
25;`06 {0
1984
63
to
67
25,000
1985
68
to
73
SO: ,000
1986 -
74
to
79
30, 00
197_
80
to
85
30,000
1988
86
to
91
30, 0'00
- 1989
92
to
98
35 6
1 590'
99,
to
105
'
35, 000`
1991
106
to
-112
35,0010
1992 -
113
to
119
35,000
1993
120
"to
127
40, QO'0
1994
128
to
135
40;000
1995
136
to
152
85;000
1996
153
to
170
90,000
1997
Bonds maturing after January 1, 1977, shall be callAble
for - redemption prior to maturity at the option of the City.either
an a whole on that date and'at any time thereafter or in part on
January 1, 1977, and any - interest payment date thereafter in
inverse numerical order, in either case at the principal amount
thereof plus accrued interest to the date fixed for redemption
and a premium for each bond so redeemed, expressed as a percentage
of the principal amount thereof, of 3% if redeemed on or prior to
December 31, 1983, 2% if redeemed thereafter and on or prior to
December 31, 1990, and 1% if redeemed thereafter prior to
maturity. Notice of the call of any bond for redemption shall be
given'not less than thirty (30) days prior to the date fixed for
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redemption by registered mail to the bank or banks at which the
bonds are payable and-by the publication of an appropriate notice
one time in a financial newspaper or journal published in the
City of New York, New York, or Chicago, Illinois. If any bond
which is called for redemption is at "the time of such call
registered as to principal, thirty days notice of redemption
shall be given'by registered mail to the registered holder at
the address shown on the regi'strar's registration books.
2;03 That said bonds shill be 'signed by the, Mayor of the
City, attested by the City Clerk, shall have printed thereon
a facsimile of the corporate seal of the City of South Miami.
The City Council hereby authorizes the execution 6f sa"id bonds
with the facsimile of the official signature of the City Clerk.
Interest falling due on said bonds, on and prior to maturity
shall be represented by coupons attached to said bonds signed
with the facsimile signatures of said Mayor and City Clerk, who,
by`the execution of -the bonds, shall adopt as and for their own
proper signatures their facsimile signatures appearing on said
coupons, Said bonds shall be registrable as to principal in
the manner and with the effect set forth in Section 2.04 hereof.
2.04 That the bonds and the coupons to be thereto
attached and the endorsements to appear on the back thereof
shall be in substantially the following form:
(Form of Bond)
UNITED STATES OF AMERICA.
STATE OF FLORIDA
COUNTY OF DADE
CITY OF SOUTH MIAMI
PUBLIC IMPROVnMENT REVENUE BOND,
SERIES 1967
Number $5,000
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The City of South Miami in Dade County, Florida, for
value received hereby promises to pay to bearer, or if this
bond is registered as to principal then to the registered
.holder hereof, solely from the revenues hereinafter specified,
the sum of Five Thousand Dollars ($5,000) on the first day of
January, 19 , and to pay, solely from said raronues, interest
on said sum until paid at the rate of per
cent ( °h) per annum,''payable , 196,
and semi - annually thereafter on the first days of January and
July of each year, with interest due on and prior to maturity
hereof payable only upon presentation and surrender of the
annexed interest coupons as they severally become due. Both
principal hereof and interest hereon are payable in 'lawful
money of the United States of America at the First National
Bank of South Miami, South Miami, Florida.
Bonds of the issue of which this bond is one maturing
after January 1, 1977, are callable for redemption pri'or'to
maturity at the option of the City either as a whole on that
date and at any -time thereafter or in part on 'January 1, 1977,
and any interest payment date thereafter in inverse numerical
order, in either case at the principal amount thereof plus
accrued interest to the date fixed for redemption and a premium
for each bond so redeemed, expressed as a percentage of the
principal amount thereof, of 3% if redeemed on or prior to
December 31, 1983, 2% if ' redeemed thereafter and on or prior to
December 31, 1990, and 1% if redeemed thereafter prior to
maturity. Notice of the call of any bond for redemption is to
be given not less than thirty (30) days prior to the date fixed
for redemption by registered mail to the bank or banks at which
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the bonds are payable and by publication of an appropriate
notice one time in a financial newspaper or Journal published
in the City of Now York, New York, or Chicago, Illinois. If
any bond which is called for redemption is at the time of such
call registered as to principal, t'+irty days notice of redemp-
tion shall be given by registered mail to the registered holder
at the address shown on the registrar's registration books.
This bond -is one of an issue of $850,000 bonds of like
tenor and effect, except as to (interest rate;`) maturity and
option of redemption, issued pursuant to the Constitution and
wer Laws of Florida and "Ord nance Number 520 adopted by the Mayor
and City''Council of said City on June 7, 1965, as supplemented
by Ordinance Number adopted by the Mayor and City Council
of said City on 1967, for the purpose of paying
the cost of constructing, improving, and extending municipal
improvements and utilities consisting of sanitary sewerage
collection facilities, force main 'facilities for disposal of
sewerage, a building to be used as a municipal library, public
parks, a public works facility,-and the acquisition of land
necessary for such construction, improvements and-extensions
and paying all expenses' properly incident thereto and properly
incident to the authorization and issuance of the bonds of which
this is one. For the specific provisions governing the -issuance
of the bonds of which this is one, including the right of the
City to issue - additional obligations on a parity and to amend
said ordinances with the consent of the holders of seventy -five
per cent of all such bonds and parity obligations, reference is
hereby made to the aforementioned ordinances.
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This bond and the issue of which it is a part, together
with certain outstanding Public Improvement Revenue Bonds,
Series 1965 -, are payable solely, as to both principal and
interest, from the proceeds of the tax imposed by said City on
the uaso of certain »t-i t'i }-v 5arvi one . i nclildlha electricity,
metered gas, bottled gas, water and local telephone service in
said City, and it is provided in said Ordinance "Number 520 that,
to the extent necessary to pay principal of and interest on the
bonds payable therefrom and to carry out the provisions of said
ordinance, said tax shall be levied and collected in the largest
amount now permitted by law and in such increased amount as may
hereafter become permissible, and that sa W `tax as it is now
being levied will not be repealed or decreased while any of such
d -
bonds remain outstanding. This 'bond, including interest hereon,
is payable solely `from the proceeds of said utilities tax and
does not constitute an indebtedness of the City of South Miami
within the meaning of any constitutional, statutory or charter
provision or limitation; however, the City of South'Miami has
reserved the right to make any payment for the' benefit of the
bonds of 'the issue of which this "is one from 'Any other legally
available source. It is expressly agreed by the holder of this
bond that such holder shall never have the right to require or
compel the exercise of the ad valorem taxing power of said City
or.the taxation or assessment of real estate in said City for
the payment of the principal of or interest on this bond or the
making of any sinking fund, reserve or other payments provided
for in the above described ordinance. It is further agreed be-
tween said City and the holder of this bond that this bond and
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the obligation evidenced thereby shall not constitute a lien
upon any property of orin the City of South Miami but shall
constitute a lien only on the revenues hereinabove in this
paragraph described.
This bond, with interest coupons hereunto appertaining,
is issued upon the following terns and conditions, to all of
which each taker and owner hereof and of the interest coupons
consents and agrees:
(a) Title to this bond, unless registered
as to principal, and to the annexed interest coupons,
may be transferred by delivery in the same manner as
a negotiable 'instrument payable to bearer; and
(b) Any person in possession of this bond,
unless registered as to principal, or of the interest
coupons hereunto appertaining, regardless of the
manner in which he shall have acquired possession,
is hereby authorized to represent himself as the
absolute owner thereof, and is hereby granted power
to transfer absolute title thereto by delivery there-
of to a bona fide purchaser, that is, to anyone who
shall purchase the same for value (present or antece-
dent) without notice of prior defenses or equities or
claims of ownership enforceable against his transferor;
every prior taker or owner of this bond and of the
annexed interest coupons, waives and renounces ail of
his equities or rights therein in favor of every such
bona fide purchaser, and every such bona fide purchaser
shall acquire absolute title thereto and.to all rights
represented thereby; and
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(c) The City of South Miami may treat the
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bearer of this bond, or of the interest coupons
hereunto appertaining, as the absolute owner'there-
of for all purposes without being affected by any
notice to the contrary.
It is hereby certified and recited that all acts, condi-
tions and things required by the Constitution and Laws of
Florida and the - charter of said City to happen, exist, and be ,
performed precedent to and in the issuance of this bond have
happened, exist and have been performed as so required.
This bond is one of an issue of bonds which were validated
and confirmed by decree of the Circuit Court of the Eleventh
Judicial Circuit of the State of Florida in and for Dade County
rendered on 1967.
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IN WITNESS WHEREOF, said City of South Miami has caused
t
this bond to be signed by the Mayor of said City, attested by
its Clerk (the signature of said being by
facsimile), and a facsimile of the corporate seal of said City
3
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to be printed hereon, abd has caused the interest coupons hereto
attached to be executed with the facsimile signatures of said
s
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Mayor and City Clerk, all as of the first day of January, 1967.
J
Mayor
ATTEST:
City Clerk
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`c.
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I.
(Form of Coupon)
Number $
On the first day of ,19 ,
unless the hereinafter mentioned bond is then subject to
redemption and has hPen called for redemption an.i prow -1jion
for the redemption thereof duly made, the City of South Miami,
Flgrida, will pay-to-bearer at the First National. Bank of South
Miami, South Mami,'Florida, the amount shown hereon solely
from the special fund referred to in and for interest then
due upon its Public Improvement Revenue Bond, Series 1967,
dated January 1, 1967, and numbered
Mayor
ATTEST:
City Clerk
(Form of Registration Certificate)
The within bond may be registered as to principal on
books to be kept by the City Clerk of the City of South Miami,
as Registrar, upon presentation to such Registrar, who shall
make notation of such registration in the registration blank
below, and this bond may thereafter be transferred only upon
written assignment of the registered owner or his attorney there-
unto duly authorized or proved, such transfer to be made on such
books and endorsed thereon by the Registrar. If so registered,
this bond may thereafter be transferred to bearer and thereby
transferability by delivery shall be restored but this bond
shall again be subject to successive registrations and transfers
as before. The principal of this bond if registered, unless
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registered to bearer, shall be payable only to the registered
owner or his legal representatives. Notwithstanding the
registration'of this bond as to principal the coupons shall
remain payable to bearer and shall continue to be transferable
by delivery.
Date of Signature
Registration Name of Re istered Owner of Reaistrar
ARTICLE III
PLEDGE AND FLOW OF FUNDS
3:01 That from and after the issuance of any of the bonds
herein authorized and continuing untrl the payment of all of
said bonds as to principal and interest the proceeds of the
utilities tax shall be and are hereby pledged for the prompt
payment of principal of and interest on said bonds as well as
the 1965 bonds. The bonds herein authorized being "parity bonds"
within the meaning of Section 1.02 of the 1965 bond ordinance,
Articles III to V, inclusive, of said ordinance shall apply to
the bonds herein authorized with equal effect as if set out in
full herein; the holders of'the bonds herein authorized shall
have equal rights with the holders of the 1965 bonds to enforce
all covenants and obligations contained in said Articles III to
V, inclusive.
3.02 That said utilities tax shall be collected diligently
and shall, as collected, be deposited, held and disposed of as
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provided in Article III of the 1965 bond ordinance. The
amount to be deposited in the Bond Fund in each month shall
be increased as required to assure the prompt payment of
currently maturing principal of and interest on the bonds
Lei'ei:. aw'c:�oriae .
During the period immediately preceding the first interest
'payment date after Che delivery of the -bonds herein authorized,
the amount deposited into the Bond Fund on the 10th day of each
month shall, together with accrued interest paid by the purchas-
ers of said bonds and deposited into the Bond Fund, be such as
to ensure that there will be on the next succeeding interest
payment date sufficient funds in the Bond-Fund to pay-the interest
which will fall due on all 1965 bonds and bonds herein authorized
on such date. Such payments shall be increased in any month
whenever and to the extent necessary to assure the availability
of sufficient money in the Bond Fund to pay currently maturing
principal and interest payable therefrom.
All accrued interest and premium, if any, received from
the purchasers of the bonds herein authorized shall be paid
into the Bond Fund upon the delivery of said bonds.
Upon the issuance -of the bonds herein L authorized the amount
to which the Reserve Fund is to be accumulated shall be increased
to $96,000, which is an amount not less than the highest future
annual principal and interest requirement of all bonds herein
authorized and 1965 bonds outstanding'; the amount of each
monthly payment into said Reserve Fund shall be increased by
$750.00 per month to an aggregate of $1500 per month. Such
adjustment will assure the accumulation of said $96,000 within
sixty -one months after the issuance of the bonds herein
authorized.
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ARTICLE IV
MODIFICATION
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That the 1965 bond ordinance may be modified as provided
in Article V thereof. To amend any provision of this ordinance
without amending,phe 1965 bond ordinance, the same procedure
shall be followed but it shall be necessary 'to'obtain-the
consent of the °holders of only seventy -five per cent-(-75) in
principal amount of the bonds herein authorized "then outstand-
ing. Any such amendment shall be subject to the restrictions
appearing in Section 5.01 of said 1965 bond ordinance.
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ARTICLE V
SALE OF BONDS
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That the bonds herein authorized shall be sold at public
sale at one time or in blocks from time to time, pursuant to
resolution or resolutions to be hereafter adopted by the Mayor
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and City Council. So much of the proceeds of sale as represents
accrued interest and premium, if any, shall at the time of the
delivery of the bonds to the purchaser be paid into the Bond
Fund. So much of the remainder of the proceeds of sale as is
not required for the payment of incidental fiscal, legal and
engineering expenses which are due and owing at the time of
the issuance of the bonds shall be deposited in a special trust
account in a bank or banks to be determined by the City Council.
Said bank or banks shall hold and dispose of said proceeds in
accordance with the'terms of a letter which shall be directed
to said bank or banks and executed by the City Manager and City
Clerk of the City'of South Miami. Such letter shall provide,
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among other things, that upon recommendation of either the
City Manager or the Finance Director of the city,- the money
from time to time on deposit in the Construction Account may
be invested in obligations of the United States of America or
in certificate - of deposit of a bank or trust company which
is a member of the Federal Reserve System, maturing or
optional for redemption at the option of the holder not more
than six months from the date of investment.
ARTICLE VI
MISCELLANEOUS
6.61 That George B. Hardie, Jr., as attorney for the
City, is hereby authorized and directed to take appropriate
proceedings in the Circuit Court of the Eleventh `Judicial
Circuit of'Florid'a, in and for Dade County, for the validation
t of said bonds, and the Mayor and City Clerk are authorized to
sign any pleadings in such proceedings for and 'in behalf of
the City Co'u'ncil of'the City of South Miami.
s�
6.02 That this�ordinance- shall be published one time by
caption in the Miami Herald, a newspaper of general circula-
tion`in the City of South Miami as soon as may after its
adoption and shall be in 'full force and effect immediately
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upon such publication.
6.03 That if any section;° paragraph, clause or provision
i
of this ordinance or the application of any of the pledged
revenue to the payment of principal of and interest on the
} bonds shall be held to be invalid or "unenforceable for any
s reason, the invalidity or undhforceability of such section,
paragraph, clause or provision or of the application of such
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pledged revenue to the payment of such principal and interest
shall not affect any of the remaining - provisions of this
ordinance, or the application of the remainder of such
pledged revenue to the payment of such principal and interest.
6.04 That all ordinances and orders, or Darts thereof,
in conflict herewith are, to the extent of such conflict,
W'__
hereby repealed.
6.05 That the City urgently needs the facilities to
-be acquired with the proceeds of the bonds herein authorized
and therefore it is necessary that thi s oria�ihahce be adopted,
as an emergency measure;'at the same meeting at w h ich it is
introduced.
ADOPTED AND APPROVED February 21, 1967.
Mayor./
ATTEST:
if
City Clerk
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19 ia4t)i) 179 2 i)p 11:., �Jt: t- _ 4 i`•j C a to the o.u. s, rift City. �f
�') u 1f lei blonds. 1'ae are , a:afof l
1: + : =.. ;a ?t?t) 1 ^e'0 ?p,pnt) 1PJ7 itt�i3O ?_„ � , sai.i te.k of C`ie asc :e. :.,ci S!d3cr ttiit
1: %7:. t.iQ - - br t pmAne pr t 1:! otaer ch ks win be rturnc [ t 1�
tl I _al.. 25,600 I[t3: Ot:9 _.; i t "n e a card of t!m l No inures tt.r-t!1 ie al!oo-cd t:;on tat, aorl
<: If,7 i 247000 1.132... ?er t L• :t tt:fu! .
$,•
The o ! 11 t Wen t 1tt t-,t by de"va of the ChvSt Court of the
The L ,s riatudim ir. tt e yet" WE a 1 nr !u i i r. ] 1 C -r ad of r of F!otlda, in and fn:- Dade County.
for rt!& t Lion prior to ntattt t r at the optlolt of t -. City- r a . 49 MAY ,a mill !!na& "M to -More,! by 31assrs_ Chapman not Castor,
Ewe on of after January t 1171, or in part on .13n..at) L 1:::. ,y Ci.i :r. ;a. II!im is, wh opir•lo::, 'to the J,�galify of �sitj t2onds. a-itl be
inte!cst layntent date thereafter, in'tnaei,e unmetinal order, 1 -
�. e h ? ..tt nt-c-rs t h u charge to�cther ::ith a no -litigation cer-
a' t and acsued interest to the date oft .Ieniotlo::, Was at t r. sfaniary f. r . .i.ne! •t: t t :late of the dc!iverr of and
`': Me ,rrieno'd amount thereof if redeemed on or prier to P - ay!nent for said Ponds.
2+ ri the pr[nctpal autount thereof if redeemed t ftcr on or
The Rnttds will b, delivered fa to successful bidder, at the expense of
De:e -atbcr 31, 1990- and 1•'. of the print -l1l a..o.mt biersof if . _- - _ .. - City. in \etc Yo1C City. It is expeeted that delivery 1tilj Le made on or
after but P tioi to maturity. nNut July r., 00. or sitlAn t^Sek_: days front SO late of "le. [lowetrr, if
The I)nmis WH LO 10m Floods A Me JemAmilon of t ;o .ds are t :at % Avered '%Rain sixty days of tha 2. to of _ale without fault
the e, :ivi!egr- of re i trlt :or 'A, to pitrci, 1 only. Princi; I n the part of the sueec:,fu! aidder, the successful 'bidder neap wiMilratr
tat nest (.July I`and January 1) R! Lt Payable at The Fi t X'0 "I P....k hN aid and Kmke the Mum of his :toad faith deposit, o'r may ac.ebt
of 0101 !Naafi, Sotith Miami, Florida. .r.:rery for an an"itiona) thirty d3)3 thereafter at his option.
he Minh AM been au horkA for the "Uwe a no of To City n=scrves Me QU A re t any Am all bids and any b!d At
cr h retire ,improving, exteti (try mum ipal and "..fir : trlyirf• with the rrnv + :ci.,. h. tt.n nz?i ec }e ^fed.
sistilng of sanitary setvortge rut!rctibn iaai!ities Lr aut r : :iliti. A. rtitir,f�•tl inf rn t tat !.jar .e O!:talne.l upon ap li;ation to Mr. Stephen
a ! of sea•em;'.e. a hniblPn?; to be u•rd " a n.1.,,e§4 Ono. I'ttt -- ' t, , ]r.Ci :C, Firs, ,t , ?,fe. t r t. aj r:€ S,. utl: 1ltatnt, Florida. r : =.urn: facility, and the rzcryuisitirn of land nca• try fir � ,
- C1 YDF sl. TAYLOR,
May,
MAT11,6_� CALLA N.
MY niter!-:.
s'
City and Cooniy of Heiv York, s.s.:-
KATItERINR DAGONrN, ijeing duly sworn, s. s ibat
she is the Adverlisiug Clerk of Tim BOND 13uYtx, a
daily and weekly newspaper Printed and published at
67 Pearl Street Ill (lie CRY of New York, County
of'XCul y6-11,.- SjjjtS6f , cmv-Yorl.; and 'the net:ce, of
which the annexed is a printed copy, was regularly
published in said'Tur DAIIX 11oNI) BUYER oil /
&. - � �t/�. C t.:..� -.':.. •:/ CL-.. its l [iJ .
Adpeising Clcrk .
Subscribed and //sicorn to be /ore me this
............ .`!.... dal, of ....: �!'� 4i�__ .. 196
t
ANN T PIiRItO\ 1:
Notary Pu61ic;'Stalc nf'New York
No. 24- 8331615
Qualified in "Kings U,unlp
Commission expires March 30, 1968
t
r