Resolution 7725 RESOLUTION NO. 7725
WIEREAS, on April l3, 1951, the City Council of the City
of Yiami Beach, Floridr , passed and adopted Resolution No. 7551,
accepting a proposal to sell to the City, on t erms and conditions
therein referred to, that certain property, situate, lying and be-
ing in Miami Beach, Dade County, Florida, and described as follows :
Lots Seventeen (17) , Eighteen ( 18) , Nineteen
( 19) , Twenty (20) and Twenty-one (21), in
Block Three (3) of SECOND OCEAN FRONT SUBDI-
VISION, according tot he Plat thereof, re-
corded in Plat Book 28, at Page 28, of the
Public Records of Dade County, Florida,
together with the filled lands and bulkhead
adjacent thereto on the ,gest ; and
WHEREAS, said Resolution was modified on May 2, 1951, in
Resolution No. 7594; end
WHEREAS, the City Council deems it to be to the best in-
terest of the City to modify the terms and conditions set forth in
said Resolutions No. 7551 and No. 7594, in the manner and to the
extent hereinafter set forth; and
WHEREAS, LOUIS MILLIER and DORA MILLER, his wife, and
HARRY A. MILLER and JEANNE E. .MILLhR, his wife, and A. ERNEST W00LFE
and BETTY WOOLFE, his wife, and GEORGE B. DODGE and HELEN DODGE, his
wife, through H. P. FORREST, ,as their agent, as owners of the above-
described lands , have authorized the City of iaami Beach to issue,
in payment for the aforedescribed property, certificates of indebted-
ness, which shall be revenue certificates, in t Y.e total amount of
$206,250.OQt hearing �;,interest at the rate of 3 per annum, Payable
_
sem -annua y y.
The revenue certificates of indebtedness issued hereunder
shall not be deemed to constitute a general obligation of the City
of Miami Beach and they shall not obligate the City, directly or
indirectly, or contingently, to levy or pledge any form of taxation
for their payment , either -Principal or interest , but shall be payable
solely and exclusively from revenue derived from the following:
Fines and Forfeitures; Licenses ; Fermits ; Normandy Isle Golf Course;
Bay Shore Golf Course; Playgrounds ; Bathing Beach; Vehicle Inspection;
Rents and Leases ; Tapping Service; Waiter Sales ; Bus and Jitney Fran-
chise, commonly referred to as "Departmental Revenue" , (unless such
certificates are hereafter ratified and approved at anelection held
in accordance with Section 6 of Article IX of the Constitution of
Florida) , and the City covenants with the seller and the holders of
such revenue certificates that it will not create any lien, debt,
charge or encumbrance on the property herein authorized to be pur-
chased or the revenues of such property having priority over the
certificates herein issued, and that it will not sell, mortgage, lien
or otherwise dispose of or encumber the property without consent in
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OFFICE OF CITY ATTORNEY - CITY HALL - MIAMI BEACH 39, FLORIDA
writing of the holders of such revenue certificates, and in the event
of the sale or lease of any of such pro_;erty, it will, if required,
pay the proceeds on account of the principal or interest of any unpaid
and outstanding revenue certificates.
The conveyance of the above described property from the said
owners to said City to be by good and sufficient Warranty Deed and
subject only to restrictions of record ; taxes for the year 1951 (which
are to be oro-rated as of the date of closinj, and zoning ordinances
of the City of Miami Beach, Florida, and also subject to any and all
liens, pending, certified or contractual which may be held by the City
of Miami Beach on account of filling andbulkheading; and
WHEREAS, the said H. P. FORREST, as agent of the owners of
said property, has requested from the City of Miami Beach, Florida,
that said certificates be issued as follows:
A- To GEORGE B. DODGE and HELEN DODGE, Miami Leach, Florida,
20 certificates for p2,062.50 each, in the total amount of ;141,250.00,
maturing two each year for 1, 2, 3, 4, 5, 6, 7, 8, 9, and 10 years from
date, respectively.
B- To GEORGE S. COHEN, Houston, Texas, 20 certificates
for $7,000.00 each, in the total amount of .440,000.00, maturing two
each year for 1, 2, 3, 4, 5, 6, 7, 8, 9, and 10 years from date, re-
spectively.
C- To WILLIAM LEWIN, Miami Beach, Florida, 20 certificates
for ,4,250.00 each, in the total amount of ,x25,000.00, maturing two
each year for 1, 2, 3, 4, 5, 6, 7, 8, 9, and 10 years from date,
respectively; and
WHEREAS, LOUIS MILLER and DORA MIT=, his wife, and
HARRY A. MILLER. and JEANNE E. P,BILLER, his wife, and A. EhNEST WOOLFE
and BETTY WOOLFE, his wife, and GEORGE B. DODGE and HELEN DODGE, his
wife, through H. P. FORREST, as their agent, as owners of the above-
described lands have indicated their willingness to accept such modi-
fications in the manner and to the extent hereinafter set forth;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Miami Beach, Florida, that the said sum of ,;;206,250.00, re-
presenting the purchase price of said property, shall be payable in
the certificates of indebtedness hereinabove described, and that the
said certificates be issued as follows :
A- To GEORGE B. DODGE and HELEN DODGE, Miami Beach, Florida,
20 certificates for ,x2,062. 50 each, in the total amount of .x41,250.00,
maturing two eachyear for 1, 2, 3, 4, 5, 6, 7, 8, 9, and 10 years
from date, respectively.
B- To GEO. S. COHEN, Houston? Texas, 20 certificates for
17,000.00 each, in the total amount of $140,000.00, maturing two
each year for 1, 2, 3, 4, 5, 6, 7, 8, 9, and 10 years from date, re-
spectively.
C- To VILLIAM LEWIN, Miami Beach, Florida, 20 certificates
for rl,250.00 each, in the total amount of $25,000.00, maturing two
each year for 1, 2, 3, 4, 5, 6, 7, 8, 9, and 10 years from date, re-
spectively.
e-
spectively.
The City Manager is hereby authorized and directed to
consummate said transaction, as hereby modified, upon the approval
of title by the City Attorney; and the Mayor and the City Clerk be
and they ar^ hereby authorized and directed to execute, in the name
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OFFICE OF CITY ATTORNEY - CITY HALL - MIAMI BEACH 39, FLORIDA
of and in behalf of said City, revenue certificates of indebtedness
and any other instruments required to be executed in order to con-
summate the transaction.
That except as hereby modified, said Resolutions No. 7551
and 7594 shall remain in full force and. effect.
PASSED and ADOPTED this 8th day of August, 1951.
L Q
Mayor
ATTEST:
G/3 4
City Clerk
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OFFICE OF CITY ATTORNEY - CITY HALL - MIAMI BEACH 39, FLORIDA
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