13079 RESOLUTION NO. 13079
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING
ISSUANCE OF NEGOTIABLE COUPON BONDS IN
THE AMOUNT OF $2, 500, 000 FOR THE PURPOSES
AUTHORIZED AT AN ELECTION HELD ON APRIL
23, 1970.
WHEREAS, the duly registered and qualified voters
of the City of Miami Beach, participating in the election
held according to law in the City of Miami Beach, Florida,
on April 23, 1970, authorized the issuance of negotiable
coupon bonds of the City of Miami Beach, in the aggregate
sum of $2, 500, 000. 00 for the several purposes hereinafter
stated.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF MIAMI BEACH, FLORIDA :
SECTION 1 : That pursuant to said election, Two Million,
Five Hundred Thousand ($2, 500, 000.00) Dollars
of negotiable coupon bonds of the City of Miami Beach,
Florida, be issued bearing date of August 1, 1970, and
bearing interest at a rate to be hereafter determined, not
exceeding the highest rate of interest permitted by law,
per annum, payable semi-annually, on the first day of August
and February of each year, which interest shall be evidenced
by coupons attached to the principal bonds, and both principal
and interest shall be payable in lawful money of the United
States of America at Chemical Bank, New York City, which bonds
shall be registrable as to principal in accordance with the
endorsement which this resolution directs to be printed on
said bonds, and that the Chemical Bank, New York City, is
hereby designated Registrar for that purpose.
SECTION 2 : Said bonds shall be issued in Three (3) Series
and in the respective amounts as follows :
SERIES 3 : For the purpose of constructing a public
park on Biscayne Bay, extending generally
south of 4th Street on the west side of
Alton Road and consisting of Lots 32
through 41, inclusive, Block 111, Ocean
Beach Addition No. 3, Plat Book 2, Page
81, Public Records of Dade County, Florida.
$1, 500, 000. 00
Said Series 3 bonds in the principal amount of $1, 500, 000. 00
shall be known as "Biscayne Bay Public Park Acquisition Bonds
1970, " and shall be numbered and mature as follows :
MATURING NUMBERED AMOUNT
August 1
1971 1 $ 5, 000. 00
1972 2 5, 000. 00
1973 3 5, 000.00
1974 4 5, 000. 00
1975 5 5, 000. 00
1976 6-8 15, 000. 00
1977 9-14 30, 000.00
1978 15-20 30, 000. 00
1979 21-26 30, 000.00
1980 27-44 90, 000.00
1981 45-62 90, 000. 00
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OFFICE OF CITY ATTORNEY-1130 WASHINGTON AVENUE-MIAMI BEACH, FLORIDA 33139
{ •
MATURING NUMBERED AMOUNT
1982 63-82 $100, 000. 00
1983 83-104 110, 000.00
1984 105-126 110, 000. 00
1985 127-149 115, 000. 00
1986 150-172 115, 000. 00
1987 173-202 150, 000. 00
1988 203-232 150, 000. 00
1989 233-262 150, 000. 00
1990 263-300 190, 000.00
SERIES 4 : For the purpose of improving, extending
and enlarging the North Shore Community
Center.
$100, 000. 00
Said Series 4 bonds in the principal amount of $100, 000. 00
shall be known as "North Shore Community Center Bonds 1970, "
and shall be numbered and mature as follows :
MATURING NUMBERED AMOUNT
August 1
1971 1 $ 5, 000. 00
1972 2 5, 000.00
1973 3 5, 000. 00
1974 4 5, 000. 00
1975 5 5, 000.00
1976 6 5, 000.00
1977 7 5, 000.00
1978 8 5, 000.00
1979 9 5, 000.00
1980 10 5, 000.00
1981 11 5, 000. 00
1982 12 5, 000.00
1983 13 5, 000.00
1984 14 5, 000.00
1985 15 5, 000.00
1986 16 5, 000.00
1987 17 5, 000.00
1988 18 5, 000.00
1989 19 5, 000.00
1990 20 5, 000.00
SERIES 5 : For the purpose of completing the acquisition
and construction of a public park on the ocean
front extending from Collins Avenue to the
Atlantic Ocean and located between 81st and
87th Streets.
$900, 000.00
Said Series 5 bonds in the principal amount of $900, 000. 00
shall be known as "Ocean Front Public Park Acquisition Bonds
1970, " and shall be numbered and mature as follows :
MATURING NUMBERED AMOUNT
August 1
1971 1 $ 5, 000.00
1972 2 5, 000. 00
1973 3 5, 000. 00
1974 4 5, 000. 00
1975 5 5, 000. 00
1976 6-9 20, 000. 00
1977 10-16 35, 000. 00
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OFFICE OF CITY ATTORNEY-1130 WASHINGTON AVENUE-MIAMI BEACH, FLORIDA 33139
MATURING NUMBERED AMOUNT
1978 17-23 $ 35, 000. 00
1979 24-30 35, 000. 00
1980 31-42 60, 000. 00
1981 43-54 60, 000. 00
1982 55-66 60, 000. 00
1983 67-78 60, 000. 00
1984 79-90 60, 000. 00
1985 91-104 70, 000. 00
1986 105-118 70, 000. 00
1987 119-132 70, 000. 00
1988 133-146 70, 000. 00
1989 147-160 70, 000. 00
1990 161-180 100, 000. 00
SECTION 3 : That said bonds shall be callable for redemption
as shall be hereafter determined by Resolution
to be adopted by the City Council. Notice of such intended
redemption in each case shall be published at least once, at
least thirty (30) days prior to the date of redemption, in a
financial journal published in the City of New York, New
York. Interest shall cease to accrue on any bonds so called
for prior redemption on the redemption date if adequate funds
have been duly provided for the redemption thereof.
SECTION 4 : That all of the bonds herein authorized and
referred to in Section 2 of this Resolution,
shall be in the denomination of $5, 000. 00 each, and shall
be designated Public Improvement Bond 1970, followed by a
brief description of the purpose as hereinabove provided and
shall be alike in form, except as to statement of series,
purpose and the dates of maturities and numbers, and the form
of said bonds, coupons and registration endorsement, as well
as the manner of execution of said bonds and coupons and
certificates of validation shall be substantially as follows :
No. UNITED STATES OF AMERICA $5, 000. 00
STATE OF FLORIDA, COUNTY OF DADE
CITY OF MIAMI BEACH
PUBLIC IMPROVEMENT BOND
(Here insert Series No. and statement of purpose)
KNOW ALL MEN BY THESE PRESENTS that the City of
Miami Beach in the County of Dade and State of Florida, is
justly indebted, and for value received, hereby promises to
pay to the bearer, or if registered, to the registered owner
hereof, on the 1st day of August, 19 , the principal sum
of
$5, 000. 00 DOLLARS
with interest thereon at the rate of percent per annum,
payable semi-annually, on the first day of February and the
first day of August in each year, upon the presentation and
surrender of the annexed interest coupons as they severally
become due. Both the principal and interest of this bond are
payable in lawful money of the United States of America, at
the office of Chemical Bank in the City of New York. For the
prompt payment hereof, both principal and interest, as the
same shall become due, the full faith, credit and resources of
said City of Miami Beach are hereby irrevocably pledged.
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OFFICE OF CITY ATTORNEY-1130 WASHINGTON AVENUE-MIAMI BEACH, FLORIDA 33139
This bond is one of a series of like tenor, date
and amount, but maturing at different times, issued by said
City for the purpose of paying the cost of certain public
improvements in the City of Miami Beach, Florida, as stated
in the caption hereof and more particularly described in
Resolution No. 12983, of the City Council of said City,
passed and adopted on March 20, 1970, under the authority of
and in full compliance with the Constitution and Statutes of
the State of Florida, including Chapter 100, Florida Statutes,
and the City Charter, being Chapter 7672 of the Laws of
Florida of 1917, and Acts amendatory thereof and supplemental
thereto, and has been authorized and approved by a majority
of the votes cast in an election of the qualified voters of
the City, which election was called and held and the result
declared and recorded in the manner prescribed by law.
(Insert redemption provisions determined by
subsequent resolution)
It is hereby certified and recited that all acts,
conditions and things required to happen, exist or to be
done precedent to and in the issuance of this bond by said
charter and the laws and Constitution of the State of Florida,
have happened, exist and have been performed; that provision
has been made for the levy and collection of a direct annual
tax upon all taxable property within said City, sufficient to
pay the interest and principal of this bond as the same shall
become due and that the total indebtedness of said City,
including this bond, does not exceed any constitutional or
statutory limitation thereof. This bond may be registered
as to principal in accordance with the provisions endorsed
hereon.
IN WITNESS WHEREOF, the said City of Miami Beach,
Florida, has caused this bond to be executed by its Mayor
and attested by its City Clerk and Finance Director (the
facsimile signatures of said Mayor and City Clerk and
Finance Director being imprinted or reproduced on this bond,
and on the validation legend appearing hereon, provided that
at least one of said officers shall manually apply his
signature on said bond) ; and the corporate seal of said City
has been impressed or imprinted hereon, and the interest
coupons hereto attached executed by said officials by their
facsimile signatures, all as of the 1st day of August, 1970.
Mayor
Attest :
City Clerk and Finance Director
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OFFICE OF CITY ATTORNEY-1130 WASHINGTON AVENUE-MIAMI BEACH, FLORIDA 33139
(Form of Coupon)
No. $
On the 1st day of , 19 , the City of Miami
Beach, Florida, will pay to the bearer at the Chemical Bank, New York
City, New York, the sum of Dollars in
lawful money of the United States of America, as provided in and for
the interest then due on its Public Improvement Bond Series
dated the 1st day of August, 19 , and numbered
Mayor
Attest:
City Clerk and Finance Director
ENDORSEMENT CONCERNING VALIDATION
This bond is one of a series of bonds which were validated and
confirmed by decree of the Circuit Court of the Eleventh Judicial Cir-
cuit of the State of Florida in and for Dade County, rendered on
, 197
ENDORSEMENT CONCERNING REGISTRATION
This bond may be registered in the name of the holder on the books
to be kept by the Chemical Bank, as Registrar, or such other Registrar
as may hereafter be duly appointed, as to principal only, such regis-
tration being noted hereon by such Registrar in the registration blank
below after which no transfer shall be valid unless made on said books
by the registered holder or his attorney duly authorized and similarly
noted in the registration blank below, but it may be discharged from
registration by being transferred to bearer after which it shall be
transferable by delivery, but it may again be registered as before.
The registration of this bond as to principal shall not restrain in the
negotiability of the coupons by delivery merely, but the coupons may be
surrendered and the interest made payable only to the registered holder,
in which event the Registrar shall note in the registration blank below
that this bond is registered as to interest as well as principal and
thereafter the interest will be remitted by mail to the registered
holder. With the consent of the holder and of the City of Miami Beach, this
bond when converted into a bond registered as to both principal and
interest, may be reconverted into a coupon bond and again converted into
a bond registered as to both principal and interest as hereinabove pro-
vided. Upon reconversion of this bond, when registered as to principal
and interest into a coupon bond, coupons representing the interest to
accrue upon this bond to date of maturity shall be attached hereto by
the Registrar. The Registrar shall note in the registration blank be-
low whether this bond is registered as to principal only or payable to
bearer.
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OFFICE OF CITY ATTORNEY-1130 WASHINGTON AVENUE-MIAMI BEACH, FLORIDA 33139
•
DATE OF REGISTRATION NAME OF REGISTERED OWNER REGISTRAR
SECTION 5 : That in each year while any of the bonds referred
to in Section 2 of this resolution shall be
outstanding, there shall be levied on all of the taxable
property within said City, a direct annual tax sufficient to
pay the principal and interest falling due in the following
year upon said bonds, which tax shall be collected as other
City taxes are collected and shall be used for no other purpose
than the payment of said principal and interest.
SECTION 6 : That the City Attorney is hereby authorized and
directed to proceed in the name of said City to
have said bonds validated by the Circuit Court of Dade County,
Florida.
SECTION 7 : That said bonds shall be executed in the name of
the City by the Mayor and attested by the City
Clerk and Finance Director, one of which signature may be a
facsimile signature, and shall have affixed thereto or
printed or reproduced thereon the corporate seal of the City.
In case any one or more of the officers who shall have signed
or sealed any of the bonds shall cease to be such officer of
the City before the bonds so signed and sealed have been
actually sold and delivered, such bonds may nevertheless be
sold and delivered as herein provided and may be issued as
if the person who signed or sealed such bonds had not ceased
to hold such office. Any bond may be signed and sealed on
behalf of the City by such person as at the actual time of the
execution of such bonds shall hold the proper office in the
City, although at the date of such bonds such person may not
have held such office or may not have been so authorized.
The coupons to be attached to the bonds shall be
authenticated with the facsimile signatures of the present
or any future Mayor and City Clerk and Finance Director, and
the City may adopt and use for that purpose the facsimile
signature of any of said persons who shall have been such
officers at any time on or after the date of the bonds,
notwithstanding that they may have ceased to be such officers
at the time when said bonds shall be actually sold and
delivered.
SECTION 8 : That this resolution shall be in force and effect
immediately upon its adoption.
PASSED and ADOPTED this 17th day of August, 1970.
0411101,
1 ;• Mayor
Attest :ed/YEttfe, ---
City Clerk-Finance Director
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OFFICE OF CITY ATTORNEY-1130 WASHINGTON AVENUE-MIAMI BEACH, FLORIDA 33139
77
•
RESOLUTION NO. 73-13942
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MIAMI BEACH, FLORIDA, AUTHORIZING THE ISSU-
ANCE OF NEGOTIABLE COUPON I3ONI) ; IN THE AMOUNT
OF $10, 850, 000 FOR THE PURPOSES AUTHORIZED AT
AN ELECTION HELD ON FEBRUARY 20, 1973 .
WHEREAS , the duly registered and qualified voters of
the City of Miami Beach, participating in the election held
according to law in the City of Miami Beach, Florida, on
February 20, 1973, authorized the issuance of negotiable
coupon bonds of the City of Miami Beach in the aggregate sum
of $10,850, 000 for the several purposes hereinafter stated.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF MIAMI BEACH, FLORIDA:
SECTION 1. That pursuant to said election, $10, 850, 000 of
negotiable coupon bonds of the City of Miami Beach.
Florida, be issued bearing date of March 1, 1973, and bearing
interest at a rate to be hereafter determined, but not to exceed
the maximum permitted by law, per annum, payable semi -annually,
on the first day of March and the first day of September of each
year, which interest shall be evidenced by coupons attached to
t-ile principal bonds , and both principal and interest shall be
payable in lawful money of the United States of America at the
Chemical Bank, New York City, which bonds shall be registrable
us to principal in accordance with the endorsement which this
resotution directs to be printed on said bonds, and that the
Chemical Bank, New York City, is hereby designated Registrar
for that purpose.
SECTION 2 . Said bonds shall be issued in Six (6) Series and
in the respective amounts as follows :
SERIES 1 : For the purpose of completing the Joint Federal-
City of Miami Beach Open Space Land Project
No. Fla. OSA-18 by acquiring and developing
the following parcels of land :
Lots 5 and 6, Block 1, ALTOS DEL MAR NO. 1,
Plat Book 31, page 40, of the Public Records
of Dade County, Florida.
Lot 5, Block 2 , ALTOS DEL MAR NO. 1, Plat
Book 31, page 40, of the Public Records of
Dade County, Florida.
Lot 6, Block 3, ALTOS DEL MAR NO. 2, Plat
Book 4, page 162 , of the Public Records of
Dada County, Florida.
Lots 3 and 4, Block 4, ALTOS DEL MAR NO. 2,
Plat Book 4, page 162, of the Public Records
of Dade County, Florida.
Lot 1, Block 5, ALTOS DEL MAR NO. 2, Plat
Book 4, cage 162, of the Public Records of
Dade Cow t 1, Florida.
Lot 2, Block 6, ALTOS DEL MAR NO. 2, Plat
Book 4, page 162 , of the Public Records of
Dade County, Florida.
$1, 900,000.00
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OAICE OP CITY ATTOINIY ♦N. ..310A AVENUE MIAMI BEACH FLORIDA 33139
Said Series 1 bonds in the principal amount of $1, 900, 000
shall be known as "1973 Open Space Land Project Bonds", and
shall be numbered and mature as follows :
DUE
SEP'Tr73 R. 104,00T NUMBER BOMD
MIDS NUM3013
74 30,000 6 1 - 6
75 40,000 3 7 - 14
76 40,000 8 15 - 22
77 50,000 10 23 - 32
73 60,000 12 33 - 44
79 70,000 14 45 - 58
80 30,000 16 59 - 74
81 80,000 16 75 - 90
82 80,000 16 91 - 106
83 80,000 16 107 - 122
84 80,000 16 123 -- 133
85 90,000 18 139 -- 156
86 90,000 18 157 - 174
87 90,000 13 175 -- 192
83 100,000 20 193 - 212
39
120,000 24 213 - 236
90 140,000 23 237 - 264
91 170,000 34 265 - 293
92 190,000 33 299 - 336
93 220,000 44 337 - 330
1,900,000 380
SERIES 2 : For the purpose of acquiring and developing
for parks and recreational purposes the
following described parcels of land:
All of Blocks 11, 12, 13, 14, and 15,
ALTOS DEL MAR SUB NO. 2, Plat Book 4,
page 162, of the Public Records of
Dade County, Florida.
All of Blocks 17, 18, 19, and 20, ALTOS
DEL MAR NO. 1, Plat Book 31, page 40,
of the Public Records of Dade County,
Florida.
$5, 000, 000. 00
Said Series 2 bonds in the principal amount of $5, 000, 000
shall be known as "1973 Park and Recreational Land Bonds ", and
shall be numbered and mature as follows :
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OFFICE OP CITY ATTORNEY1130WASHINGTON AVENUE--MIAMI BEACH, FLORIDA 33139
DUE
SEPia= 1 AMT..= NJi1BE BONDS
BONDS iNU NBERM
1974 75,000 15 1 - 15
75 75,000 15 16 .. 30
76 100,000 20 31 - 50
77 100,000 20 51 - 70
78 100,000 20 71 - 90
79 100,000 20 ` 91 - 110
80 125,000 25 111 - 135
81 150,000 30 136 - 165
82 175,000 35 166 - 200
83 200,000 40 201 - 240
84 225,000 45 241 -• 235
85 250,000 50 236 -- 335
86 250,000 50 336 - 315
87 300,000 60 386 - 445
88 300,000 CO 416 - 505
89 350,000 70 506 - 575
90 400,000 80 576 653
91 475,000 95 656 - 750
92 550,000 110 751 560
93 700,000 140 861 - 1 ,000
5,000,000 1,000
SERIES 3 : For the purpose of acquiring and developing
additions needed to complete the Civic-Con-
vention Center Complex land plan adjoining
and in proximity to the City' s Garden Center
and Conservatory, otherwise legally described
as follows :
Lot 2, Block 7A, AMENDED GOLF COURSE SUB. ,
Plat Book 6, page 26, of the Public Records
of Dade County, Florida, together with 30 '
strip on easterly property line known as
"Bridle Path".
N. 50 ' of Lot 1, Block 7A, AMENDED GOLF
COURSE SUB. , Plat Book 6, page 26, of the
Public Records of Dade County, Florida,
together with 30 ' strip on easterly property
line known as "Bridle Path" .
S . 100 ' of Northerly 150 ' of Lot 1, Block
7A, AMENDED GOLF COURSE SUB . , Plat Book 6,
page 26, of the Public Records of Dade
County, Florida, together with 30 ' strip
on easterly property line known as "Bridle
Path" .
$1, 250, 000.00
- 3 -
OFFICE OP CITY ATTORNEY-1130 WASHINGTON AVENUE--MIAMI BEACH, FLORIDA 33139
Said Series 3 bonds in the principal amount of $1, 250, 000
shall be known as "1973 Civic Convention Center Complex Bonds ",
and shall be numbered and mature as follows :
No.of Bond
9-01 Amount Bonds Numbers
s) `
1974 $ 20 000 4 1 thru 4
1975 20 000 4 5 thru 8
1976 25 000 5 9 thru 13
1977 25 000 5 14 thru 18
1978 40 000 8 19 thru 26
1979 40 000 8 27 thru 34
1980 40 000 8 35 thru 42
1981 50 000 10 43 thru 52
1982 50 000 10 53 thru 62
1983 60 000 12 63 thru 74
1984 60 000 12 75 thru 86
1985 70 000 14 87 thru 100
1986 70 000 14 101 thru 114
1987 80 000 16 115 thru 130
1988 95 000 19 131 thru 149
1989 95 000 19 150 thru 168
1990 100 000 20 169 thru 188
1991 100 000 20 189 thru 208
1992 100 000 20 209 thru 228
1993 110 000 22 229 thru 250
$1 250 000 250
SERIES 4 : For the purpose of acquiring and developing
the following described parcel of land located
at the northeast corner of 18th Street and
Meridian Avenue for the purpose of completing
the Civic-Convention Center Complex land plan
and as a proposed site for the new City Hall,
said parcel of land being legally described
as follows :
Lots 1 and 2, Block 7, AMENDED GOLF COURSE
SUB. , Plat Book 6, page 26, of the Public
Records of Dade County, Florida, together
with 30' strip on easterly property line
known as "Bridle Path".
$1, 300, 000. 00
Said Series 4 bonds in the principal amount of $1, 300, 000
shall be known as "1973 Civic-Convention Center Complex and
City Hall Bonds", and shall be numbered and mature as follows :
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OFFICE OF CITY ATTORNEY-1130 WASHINGTON AVENUE--MIAMI BEACH, FLORIDA 33139
No. of Bond
9-01 Amount Bonds Numbers
1974 $ 20 000 4 1 thru 4
1975 20 000 4 5 8
1976 25 000 5 9 13
1977 25 000 5 14 18
1978 40 000 8 19 26
1979 40 000 8 27 34
1980 40 000 f3 35 42
1981 50 000 10 43 52
1982 50 000 10 53 62
1983 60 000 12 63 74
1984 60 000 12 75 86
1985 70 000 14 87 100
1986 70 000 14 101 114
1987 80 000 16 115 130
1988 95 000 19 131 149
1989 105 000 21 150 170
1990 110 000 22 171 192
1991 110 000 22 193 214
1992 110 000 22 215 236
1993 120 000 24 237 . 260
$1 300 000 260
I
SERIES 5 : For the purpose of acquiring and developing for
parks, recreational and open space purposes,
the following described parcel of land being
the property adjacent to the Manilow property
on Pine Tree Drive, to wit :
Lots 5, 6, and 7, FLAMINGO BAY SUB . NO.1,
Plat Book 6, page 101, of the Public
Records of Dade County, Florida.
$1, 100, 000.00
Said Series 5 bonds in the principal amount of $1, 100, 000
shall be known as "1973 Flamingo Bay Subdivision Parks and
Recreational Land Bonds", and shall be numbered and mature as
follows :
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OFFICE OF CITY ATTORNEY-1130 WASHINGTON AVENUE-MIAMI BEACH, FLOR1;)A 33139
No.of Bond
9-01 Amount Bonds Numbers
1974 $ 10 000 2 1 thru 2
1975 10 000 2 3 4
1976 15 000 3 5 7
1977 15 000 3 8 10
1978 30 000 6 11 16
1979 30 000 6 17 22
1980 30 000 6 23 28
1981 40 000 8 29 36
1982 40 000 8 37 44
1983 50 000 10 45 54
1984 50 000 10 55 64
1985 60 000 12 65 76
1986 60 000 12 77 88
1987 70 000 14 89 102
1988 85 000 17 103 119
, 1989 95 000 19 120 138
1990 100 000 20 139 158
199.1 100 000 20 159 178
1992 100 000 20 179 198
i 1993 110 000 22 199 220
I
$1 100 000 220
SERIES 6 : For the purpose of purchasing, constructing,
and adding an addition to the South Shore
Community Center of a multi-purpose meeting
room.
$300, 000.00
Said series 6 bonds in the principal amount of $300, 000
shall be known as "1973 South Shore Community Center Bonds",
and shall be numbered and mature as follows :
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OFFICE OF CITY ATTORNEY-1130 WASHINGTON AVENUE-MIAMI BEACH, FLORIDA 33139
DUE
SEPTE?AIER 1 AMOUNT N/11,53ER BOi t�S
BOIDS NITABERM
1974 5,300 1 1
75 5,000 1 2
76 5,000 1 3
77 5,000 1 4
78 10,000 2 5 w 6
79 10,000 2 7 - 8
80 10,000 2 9 - 10
81 10,000 2 11 - 12
82 15,000 3 13 - 15
83 15,000 3 16 - 13
84 15,000 3 19 - 21
85 15,000 3 22 - 24
86 15,000 3 25 - 27
87 20,000 4 23 - 31
83 20,000 4 32 - 35
89 25,000 5 36 40
90 25,000 5 41 ''• 45
i
91 25,000 5 46 - 50
92 25,0G0 5 51 - 55
93 25,000 5 56 - 60
300,000 60
SECTION 3. That said bonds shall be callable for redemption as
shall be hereafter determined by Resolution to be
adopted by the City Council. Notice of such intended redemption
in each case shall be published at least once, at least thirty (30)
days prior to the date of redemption, in a financial journal pub-
lished in the City of New York, New York. Interest shall cease
to accrue on any bonds so called for prior redemption on the re-
demption date if adequate funds have been duly provided for the
redemption thereof.
SECTION 4. That all of the bonds herein authorized and referred
to in Section 2 of this Resolution shall be in the
denomination of $5, 000. 00 each, and shall he designated "1973
Public improvement Bonds " followed by a brief description of the
purpose, as hereinabove provided, and shall be alike in form,
except as to statement of Series, purpose, and the dates of
maturities and numbers, and the form of said bonds, coupons and
registration endorsement, as well as the manner of execution of
said bonds and coupons, and certificates of validation shall be
substantially as follows :
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OFFICE OF CITY ATTORNEY-1130 WASHINGTON AVENUE-MIAMI BEACH, FLORIDA 33139
No. UNITED STATES OF AMERICA $5, 000.00
STATE OF FLORIDA, COUNTY OF DADE
CITY OF MIAMI BEACH
PUBLIC IMPROVEMENT BOND
(Here insert Series No. and statement of purpose)
KNOW ALL MEN BY THESE PRESENTS, that the City of
Miami Beach, in the County of Dade, and State of Florida, is
justly indebted, and for value received, hereby promises to
pay to the bearer, or if registered, to the registered owner
hereof, on the 1st day of September, 19 , the principal
sum of
FIVE THOUSAND DOLLARS
with interest thereon, at the rate of percent per annum,
payable semi-annually, on the first day of March and the first
day of September in each year upon the presentation and surrender
of the annexed interest coupons as they severally become due.
Both the principal and interest of this bond are payable in lawful
money of the United States of America, at the office of Chemical
Bank in the City of New York. For the prompt payment hereof, both
principal and interest, as the same shall become due, the full
faith, credit and resources of said City of Miami Beach are
irrevocably pledged.
This bond is one of a series of like tenor, date and
amount, but maturing at different times, issued by said City for
the purpose of paying the cost of certain Public Improvements in
the City of Miami Beach, Florida, as stated in the caption hereof,
and more particularly described in Resolution No. 73-13942 of the
City Council of said City, passed and adopted on March 7, 1973,
under the authority of and in full compliance with the Constitution
and Statutes of the State of Florida, including Chapter 100,
Florida Statutes, and the City Charter, being Chapter 7672 of the
Laws of Florida of 1917 and Acts amendatory thereof and supplemen-
tal thereto, and has been authorized and approved by a majority
of those voting in said special election, which said election was
called and held, and the result declared and recorded in the
manner prescribed by law.
(Insert redemption provisions determined by
subsequent Resolution)
It is hereby certified and recited that all acts, con-
ditions and things required to happen, exist, or to be done pre-
cedent to and in the issuance of this bond by said Charter and
the Laws and Constitution of the State of Florida, have happened,
exist and have been performed; that provision has been made for
the levy and collection of a direct annual tax upon all taxable
property within said City, sufficient to pay the interest and
principal of this bond as the same shall become due, and that the
total indebtedness of said City, including this bond, does not
exceed any constitutional or statutory limitation thereof. This
bond may be registered as to principal, in accordance with the
provisions endorsed hereon.
IN WITNESS WHEREOF, the said City of Miami Beach,
Florida, has caused this bond to be executed by its Mayor and
attested by its City Clerk and Finance Director (the facsimile
signatures of said Mayor and City Clerk and Finance Director
being imprinted or reproduced on this bond, and on the validation
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OFffC! OF CITY ATTORNEY-1130 WASHINGTON AVENUE-MIAMI 3EACH, FLORIDA 33139
legend appearing hereon, provided that at least one of said
officers shall manually apply his signature on said bond) ;
and the corporate seal of said City has been impressed or
imprinted hereon, and the interest coupons hereto attached,
executed by said officials, by their facsimile signatures, all
as of the first day of March, 1973.
Mayor
Attest :
City Clerk-Finance Director
Form of Coupon
No. $
On the 1st day of , 19 , the City of Miami
Beach, Florida, will pay to the Bearer at the Chemical Bank,
New York City, New York, the sum of Dollars
($ ) in lawful money of the United States of
America, as provided in and for the interest then due on its
Public Improvement Bond, Series , dated the 1st day
of , 19 , and numbered
Mayor
Attest :
City Clerk-Finance Director
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OFFICE OF CITY ATTORNEY 1130 WASHINGTON AVENUE-MIAMI BEACH, FLORIDA 33139
ENDORSEMENT CONCERNING VALIDATION
This bond is one of a series 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 19 .
ENDORSEMENT CONCERNING REGISTRATION
This bond may be registered in the name of• the holder
on the books to be kept by the Chemical Bank, as Registrar, or
such other Registrar as may hereafter be duly appointed, as to
principal only, such registration being noted hereon by such
Registrar in the registration blank below, after which no
transfer shall be valid, unless made on said books by the
registered holder or his attorney, duly authorized and similarly
noted, in the registration blank below, but it may be discharged
from registration by being transferred to bearer, after which
it shall be transferable by delivery, but it may again be
. registered as before. The registration of this bond as to
principal shall not restrain in the negotiability of the coupons
by delivery merely, but the coupons may be surrendered, and'
• the interest made payable only to the registered holder, in
which event the Registrar shall note in the registration blank
below that this bond is registered as to interest, as well as
principal, and thereafter, the interest will be remitted by
mail to the registered holder. With the consent of the holder,
and of the City of Miami Beach, this bond when converted into
a bond registered as to both principal and interest, may be
reconverted into a coupon bond, and again converted into a bond
registered as to both principal and interest, as hereinabove
provided. Upon reconversion of this bond, when registered as
to principal and interest into a coupon bond, coupons representi
the interest to accrue upon this bond to date of maturity shall
be attached hereto by the Registrar. The Registrar shall note
in the registration blank below whether this bond is registered
as to principal only, or payable. to bearer.
DATE OF REGISTRATION NAME OF REGISTERED OWNER REGISTRAR,
SECTION 5. That in each year while any of the bonds referred
to in Section 2 of this Resolution shall be out-
standing, there shall be levied on all of the taxable property
within said City, a direct annual tax sufficient to pay the
principal and interest falling due in the following year upon
said bonds, which tax shall be collected as other City taxes arc
collected, and shall be used for no other purpose than the
payment of said principal and interest.
SECTION 6. That the City Attorney is hereby authorized and
directed to proceed in the name of said City to
have said bonds validated by the Circuit Court of Dade County,
Florida. •
_lp_
O:FiC'a OF Ci7i AT OZ?eLY—:133 WA:i'cl;NCTON AV NU:—;l.iA:14 U ACii, RORi3A 33139
SECTION 7. That said bonds shall be executed in the name of
the City by the Mayor, and attested by the City
Clerk-Finance Director, one of which signatures may be a
facsimile signature, and shall have affixed thereto, or printed
or reproduced thereon, the corporate seal of the City. In case
any one or more of the officers who shall have signed or sealed
any of the bonds shall cease to be such officer of the City
before the bonds so signed and sealed have been actually sold
and delivered, such bonds may, nevertheless, be sold and delivered,
as herein provided, and may be issued as if the person who signed
or sealed such bonds had not ceased to hold such office . Any bond
may be signed and sealed on behalf of the City by such person, as
at the actual time of the execution of such bonds shall hold the
proper office in the City, although at the date of such bonds
such person may not have held such office, or may not have been
so authorized.
The coupons to be attached to the bonds shall be
authenticated with the facsimile signatures of the present, or
any future Mayor and City Clerk-Finance Director, and the City
may adopt, and use for that purpose, the facsimile signature of
any of said persons who shall have been such officers at any
time on or after the date of the bonds notwithstanding that they
may have ceased to be such officers at the time when said bonds
shall be actually sold and delivered.
SECTION 8. That this Resolution shall be in force and effect
immediately upon its adoption.
PASSED and ADOPTED this 7th day of March, 1973.
Mayor
Attest :
/a 1-1 -Gair_Lct-
City Clerk-Finance Director
<N4ArcaucL
NU Talc-
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OFFICE OP CITY ATTORNEY-1130 WASHINGTON AVENUE-MIAMI BEACH, FLORIDA 33139
a)w-n-egi
aa� 4‘1 73- 1;04,21
4/3029
RESOLUTION NO. 80-16230
A RESOLUTION OF THE CITY COMMISSION
OF THE CITY OF MIAMI BEACH, FLORIDA,
EMENDING RESOLUTIONS NOS. 13041-A,
13079 AND 73-13942 OF THE CITY
COUNCIL, NOW CALLED THE CITY COMMISSION,
• TO INCLUDE HIE ADDITIONAL ALTERNATIVE
PURPOSES AUTHORIZED AT AN ELECTION
HELD ON NOVEMBER 6, 1979.
WHEREAS, the City Council, now called the City •
Commission, adopted on June 24 , 1970, Resolution No.
13041-A authorizing the issuance of $2 , 500 , 000 General
Obligation Bonds entitled "Waste Disposal Facility
Bonds" ; and
WHEREAS, the City has issued $2 , 500 ,000 of
said Waste Disposal Facility Bonds; and
WHEREAS, there remains $2 ,414 , 919 of unexpended
proceeds of the Waste Disposal Facility Bonds; and
WHEREAS, the City Council , now called the City
:om'nission, adopted on August 17 , 1970 , Resolution No.
13079 authorizing the issuance of General Obligation Bonds
including, $1, 500 ,000 '.'Biscayne Bay Public Park Acquisition
Bonds" ; and
WHEREAS, the City has issued $1, 500 , 000 of said
Biscayne Bay Public Park Acquisition Bonds; and
WHEREAS, there remains $384 , 622 of unexpended
proceeds of the Biscayne Bay Public Park Acquisition
Bonds ; and
WHEREAS, the City Council , now called the City
Co;, ission, adopted on March 7 , 1973 , Resolution No. 73-
13542 authorizing the issuance of General Obligation Bonds
i_,_ i.zg, $2 , 500 , 000 "1973 Park and Recreation Land Bonds
(Ser-Les 2B) " ; and
WHEREAS, the City has issued $2, 500, 000 of said
1973 Park and Recreation Land Bonds (Series 2B) ; and
WHEREAS, there remains $1, 419, 996 of unexpended
proceeds of the 1973 Park and Recreation Land Bonds (Series
2B) ; and
WHEREAS, the City has determined that it would be
in the best interest of the inhabitants of the City if such
unexpended bond proceeds may be used for the alternative
purposes , hereinafter stated, which would benefit the health
and welfare of such inhabitants, in addition to those purposes
originally authorized under the proceedings which authorized
the particular bonds; and
WHEREAS, in order to provide for the use of such
unexpended bond proceeds for additional purposes other than
those originally authorized under the proceedings which authori
the particular issue of bonds, it was necessary for the City
to submit to the qualified electors of the City such additional
purposes at an election duly held on November 6, 1979; and
WHEREAS, the duly registered and qualified
voters of the City of Miami Beach, participating in the
election held according to law in the City of Miami
Beach, Florida, on November 6, 1979, authorized the
amending of said Resolutions Nos. 13041-A, 13079 and
73-13942 of the City Council to include the additional
alternative purposes hereinafter stated.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY
011bISSIOi1 OF THE CITY OF MIAMI BEACH, FLORIDA:
• Section 1. That pursuant to said election,
Resolutions Nos. 13041-A, 13079 and 73-13942 are hereby
amended to include the following alternative purposes,
"construction of new, or improvement of existing, handball
courts, golf courses, club houses, parks, community
centers and other recreational facilities; improvements
to the City's libraries, museum and Garden Center; im-
provements to the City' s Police, Fire and Sanitation
facilities and capital equipment; construction and
improvements to the City' s streets and sewers; and im-
provements and additions to the City' s public beach and
park facilities" .
Section 2. That such unexpended bond proceeds
referred to in the preamble hereof shall be used for either
those purposes originally authorized under the proceedings
which authorized the particular bonds or those additional
purposes approved by the qualified electors of the City in
accordance with the election held on November 6, 1979.
Section 3. That this Resolution shall be in
force and effect immediately upon its adoption.
PASSED and ADOPTED this 19th day of March
1980 .
Mayor
ATTEST:
(SEUL,)
/6, n� a `a
City Clerk
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