R-55-051
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RES 0 L UTI 0 N
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WHEREAS the City of Clermont, Lake County, Florida, does
not have authority under its Charter, and any amendments there-
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to, to~su~venue Bonds (Revenue Certificates) for the
purchase, construction, improvement or extension of water,
sewer, gas, electric systems, or any other undertakings or
facitlities from which said City derives or will derive fees,
charges or revenues, and does not have the authority to estab-
lish, fix and collect fees, rentals or other charges for the
facilitiel and services of said undertaking; and,
WHEREAS the City of Clermont may desire to construct or
acquire and improve or extend said systems or undertakings or
facilities and may want to issue general obligation bonds or
Revenue Bonds (Revenue Certificates) to cover the cost of the
construction or acquisition and improvement or extension of
said systems, or any other undertaking or facilities; therefore,
BE IT RESOLVED by the City Council of the City of Clermont,
Lake County, Florida that the City Clerk shall cause to be
published, in accordance with Section 1~02 Florida Statutes
1953, and Section 20-21 of Article 3, of the Constitution of
the State of Florida Notice of the intention of this City Council,
and it. officer..fo~d in behalf of the City of Clermont to
introduce a special or local law authorizing the City of Clermont
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to construct or acquire or improve or estend water, sewer, gas
or electric systems or any other undertakings or facilities
from which said City derives, or will derive, fees, charges or
revenues, and to establish, fix and collect fees, rentals or
other charges for the facility and service of said undertaking
to issue Bonds of said City to finance the cOlts of the con-
struction, acquisition or improvement of such undertakings,
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said Bonds to be payable from general ad valorem taxes and
additionaly secured by a pledge of the fees, rentals or other
charges received from such undertakings or to be payable from
the fees, rentals, or other charges received from such under-
takings and utility services taxes, cigarette taxes, franchise
taxes or other excise taxes or revenues of said Town and to
levy and collect taxes on each and every purchase of electricity,
metered or bottled gas (natural, liquified petroleum gas or
manufactured) water, telephone and telegraph services within
the corporate limits of said City, and to pledge such utilities
services taxes for either the general obligation or Revenue Bonds
and providing for the terms and conditions of the Bonds issued
pursuant to this Act and all other needs relating thereto; and
that the City Attorney, together with the Bond Attorneys,
Caldwell, Marshall, Trimble & Mitchell, shall cause to be pre-
pared and through the City Attorney, presented to the Legislature
of the State of Florida for 1955, a special or local Act, author-
izing and providing for all things set forth in this Resolution,
together with such other pertinent matter pertaining to same
and their validity as are necessary for their issue.
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ADOPTED by the City Council of the City of Clermont, in
Lake County, Florida, at its Adjourned Regular Meeting held
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Presi~n~o~cir;Vcouncil
ATTEST:
/5/ (J~Y. .IÆJ¿. ~AA...
Ci ty :;~y /
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NOTICE OF INTENTION TO APPLY
FOR LOCAL OR SPECIAL LEGISLATION
FOR CITY OF CLERMONT, IN LAKE
COUNTY, FLORIDA
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NOTICE is hereby given that application will be made to
the Legislature of 1955 of the State of Florida for the passage
of local or special legislation Being an Act authorizing the
City of Clermont to construct or acquire, and improve or extend,
water systems, sewer systems, gas systems, electric systems, or
any other undertakings or facilities from which said City derives
or will derive fees, charges or revenues; to establish, fix and
collect fees, rental or other charges for the facilities and
services of said undertakings; to issue Revonue Bonds of said
City to finance the cost of the construction, acquisition or
improvement of such undertakings, said n~ue Bonds to be pay-
able from general ad valorem taxes and additionally secured by
a pledge of the fees, rentals, or other charges received from
such undertakings, or to be payable from the fees, rental or
other charges received from such undertakings, and utilities
services taxes, cigarette taxes, franchise taxes or other excise
taxes or revenues of said City; to levy and collect taxes on
each and every purchase of electricity, metered or bottled gas
(natural, liquified petroleum gas or manufactured) water service,
telephone service and telegraph service within the corporate lim-
its of said City, and to pledge such utilities services taxes
for either the general obligation or revenue bonds authorized
by this Act; providing for the terms and conditions of bonds
issued pursuant to this Act and the rights and remedies of the
holders thereof; to issue refunding bonds and providing for
the terms and conditions thereof; authorizing the discontinuance
of the services and facilities of any of such undertakings for
the non-payment of fees, rentals or other charges thereof; pro-
viding for a receiver of such undertakings on default of the
City in the payment of such bonds issued to finance such under-
takings or of covenants with bondholders in connection .'.r.with;
providing for covenants of the State of Florida with respect to
the rights of holders of bonds issued pursuant to this Act; and
providing for the additional pledge for bonds issued pursuant
to this Act of surplus revenues from undertakings other than
the undertakings to be financed by the issuance of such bonds;
providing for the combining of two or more of such undertakings
into one consolidated undertaking or system; providing for the
lease of said undertakings or any part thereof by the City and
the terms and conditions thereof; providing for the sale of bonds
issued pursuant to this Act and the manner thereof; and providing
when this Act shall take effect.
By Order of the City Council of the City of Clermont,
Florida.
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