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Resolution 81-16779 RESOLUTION NO. 81-16779 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, PROVIDING FOR THE HOLDING OF A BOND ELECTION AT WHICH THERE WILL BE SUBMITTED TO THE VOTE OF THE ELECTORATE THE QUESTION OF THE ISSUANCE OF BONDS OF SAID CITY IN THE SUMS AND FOR THE PURPOSE IN THIS RESOLU- TION STATED. WHEREAS, the City Commission of the City of Miami Beach, Florida, deems it advisable and in the best interest of the City to issue bonds of said City in the amount and for the municipal purpose set forth below; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA: SECTION 1: That a bond election of the duly registered and qualified voters residing in the City of Miami Beach, Florida, is hereby called to be held on the 3rd day of November , 1981, from 7 : 00 a.m. to 7 : 00 p.m. , to determine whether or not the issuance of general obligation bonds aggregating not more than eighteen million dollars ($18 ,000 ,000 . 00) , shall be approved by such qualified electors. Said bonds shall be payable from ad valorem taxes levied on all taxable property in the City without limit as to rate or amount, the full faith and credit of the City to be pledged to the payment of principal and interest, and shall bear interest at such rate or rates as may be determined at the time of the sale thereof , not exceeding the maximum legal rate of interest at such time. The purpose of said bonds shall be to finance the acquisition of land and the construction and furnishing of a Justice Center building thereon, said Justice Center to contain a police station, jail, courtroom, and facilities related to the fore- going. SECTION 2: That the clerks and inspectors of the polling places for the bond election shall be the same persons who are appointed to serve for the general municipal election to be held on the same date and during the same hours. SECTION 3 : That the places of voting for purposes of the bond election shall be the same as those places designated for the general municipal elec- tion to be held on the same date and during the same hours, and that all electors shall vote at the polling places and the voting pre- cincts in which the official registration books show that the said electors reside. SECTION 4 : That the days and hours, prior to the date of the bond election, during which persons qualified to vote therein may register there- for , are the same as those designated for registration of persons qualified to vote in the general election to be held on the same date and time as the bond election. SECTION 5 : Notice of Election shall be substantially in the following form: Notice is hereby given that a Special Election has been called by the City Commission of the City of Miami Beach, Florida, and will be OFFICE OF THE CITY ATTORNEY - 1700 CONVENTION CENTER DRIVE -MIAMI BEACH, FLORIDA 33139 6 held in said City from 7 :00 o'clock a.m. until 7 :00 o'clock p.m. , on the 3rd day of November , 1981, at which time there shall be submit- ted to the duly registered and qualified voters of the City of Miami Beach the following question. "QUESTION 1: Shall the City of Miami Beach issue general obli- gation bonds in an amount not to exceed eighteen million dollars ($18 ,000 ,000. 00) , bearing interest at a rate or rates as may be determined at the time of the sale thereof, not exceeding the maximum legal rate of interest at such time, for the acquisition of land and the con- struction and furnishing of a Justice Center building thereon, said Justice Center to contain a police station jail, courtroom, and facilities related to the foregoing YES NO Said Notice shall further set forth the several polling places in the election precincts as established in accordance herewith, and shall further set forth pertinent information regarding eligibility of electors to participate in said election. SECTION 6 : The form of ballot to be used in the bond election shall be in sub- stantially the following form: "OFFICIAL BALLOT CITY OF MIAMI BEACH, FLORIDA BOND ELECTION - NOVEMBER 3 , 1981 SHALL THE FOLLOWING QUESTION BE APPROVED OR REJECTED? QUESTION 1: Shall the City of Miami Beach issue general obli- gation bonds in an amount not to exceed eighteen million dollars ($18 ,000 ,000 . 00) , bearing interest at a rate or rates as may be determined at the time of the sale thereof, not exceeding the maximum legal rate of interest at such time, for the acquisition of land and the con- struction and furnishing of a Justice Center building thereon, said Justice Center to contain a police station jail, courtroom, and facilities related to the foregoing YES_ NO SECTION 7. That the official return sheets from each precinct shall be fur- nished to the City Clerk of the City of Miami Beach as soon as the polls are closed after the bond election, and that the official can- vassing of the results of the bond election shall be made by the City Commission of the City of Miami Beach. SECTION 8 . That for the purpose of determining the results of the bond elec- tion, the bonds shall be approved if a majority of the votes cast in the bond election shall be in favor the their issuance. -2- OFFICE OF THE CITY ATTORNEY - 1700 CONVENTION CENTER DRIVE -MIAMI BEACH, FLORIDA 33139 SECTION 9 : That the law firm of MORGAN, LEWIS & BOCKIUS of Miami and Philadelphia is hereby approved to serve as bond counsel for the City of Miami Beach in connection with the proposed bond offering. SECTION 10 . That DEAN WITTER REYNOLDS, INC. , is hereby designated to serve as financial consultant for the City for the purpose of rendering the usual and customary services of financial consultants in the marketing of the bonds and obligations hereinabove described. SECTION 11. That this resolution shall be available in the Office of the City ' Clerk. The City Clerk shall publish Notice of Election as provided in this resolution in the Miami Beach Sun Reporter , a newspaper of general circulation in the City of Miami Beach, once each week for the four (4) consecutive weeks preceding the date of the election, in accordance with section 10-5 of the Miami Beach Code, as well as once in the fifth week prior to the election, pursuant to Section 100. 342 of the Florida Statutes. SECTION 12. That in the event that any word, phrase, clause, sentence, or para- graph hereof shall be held invalid by any court of competent jurisdiction, such holding shall not affect any other word, clause, phrase, sentence, or paragraph thereof. SECTION 13 . That all resolutions or parts of resolutions in conflict or incon- sistent herewith hereby are repealed, insofar as there is any conflict or inconsistency. SECTION 14. That this resolution shall be effective immediately upon its passage. PASSED and ADOPTED this 16th day of September , 1981. • OR ATTEST: -,/lf2 CIT CLERK APPROVED LEGAL DEPT. 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