R-73-203• •
EXTRACTS FROM THE MINUTES OF A REGULAR
MEETING OF THE CITY COUNCIL
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OF CITY OF CLERMONT, FLORIDA
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HELD
oN THE
13th DAY <
OF FEBRUARY 1g 73
The CITY COUNCIL
of CITY OF CLERMONT, FLORIDA
met in REGULAR meeting at COUNCIL CHAMBERS
in the City of CLERMONT FLORIDA at
7:3fl o'clock P .M. on the 13th day of FEBRUARY
19 73, the place, hour, and date duly established for the hold-
ing of such meeting.
The MAYOR called the meeting to order
and on roll call the following answered present:
CLAUDE-E. SMOAK,JR. DON E. SMITH ,
CHARLES B. BEALS ~ CARLISLE A. BYRD,JR.
GEORGE SCHROEDEL
and the following were absent:
The MAYOR declared a quorum present.
A Resolution entitled:
NUMBER 203
RESOLUTION AUTHORIZING, EMPOW€RING AND DIRECTING THE MAYOR,
CITY CLERK, AND CITY ATTORNEY OF THE CITY OF CLERMONT,
FLORIDA, OR ANY ONE OF SUCH OFFICERS TO TAKE SUCH ACTION
'AND STEPS AND TO EXECUTE SUCH INSTRUMENTS NECESSARY OR
DESIRABLE IN THE ISSUANCE AND DELIVERY OF $1,5.40,000 WATER
AND SEWER REVENUE REFUNDING BONDS, SERIES 1972 OF SUCH
CITY DATED NOVEMBER 1, 1972.
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was introduced by Mr. BEALS
Said Resolution was then read in fall and discussed
and considered.
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Mr. BEALS then moved the adoption
of the Resolution as introduced and read. Mr. BYRD
seconded the-=.motion, and, on roll call, the following voted "Aye":
SMOAK, SMITH, BEALS, BYRD AND SCHRDEDEL
and the following voted "Nay":
The MAYOR thereupon declared the motion
carried and the Resolution adopted as introduced and read.
* * * * * * ~
There being no further business to come before the
meeting, upon motion duly made and seconded, the meeting was
adjourned.
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RESOLUTION? NO. 203
.RESOLUTION AUTHORIZING, EMPOWERING AND
DIRECTING THE MAYOR, CITY CLERK, AND
CITY ATTORNEY OF THE CITY OF CLERMONT,
FLORIDA, OR ANY ONE OF SUCH OFFICERS
TO TAKE SUCH ACTION- AND STEPS AND TO
EXECUTE SUCH INSTRUMENTS NECESSARY OR
DESIRABLE IN THE ISSUANCE AND DELIVERY
OF $1,540,000 WATER AND SEWER REVENUE
REFUNDING BONDS, SERIES 1972 OF SUCH
CITY DATED NOVEMBER 1, 1972.
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BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLERMONT,
FLORIDA, that:
SECTION 1. It is hereby found, ascertained and deter-
mined that:
A. The City of Clermont, Florida (hereinafter referred
to as "City"), has by Ordinance enacted by the City Council on
December 12, 1972, authorized the issuance of $1,540,000 Water
and Sewer Revenue Refunding Bonds, Series 1972, dated November 1,
1972 .(hereinafter called "Ordinance" and "1972 Bonds" respectively)
for the purposes of providing for the. refunding of $1,700,000 prin-
eipal amount of outstanding Water and Sewer Revenue Bonds of the
City dated November 1, 1970 (hereinafter referred to as "Outstand-
ing Bonds") .
B. The Ordinance sets forth the procedure whereby such
Outstanding Bonds of the City may be paid or redeemed in accordance
with the ordinance authorizing the issuance of such Outstanding Bonds.
C. The Ordinance requires-the City to enter into an
Escrow Deposit Agreement with a bank or trust company to be desig-
Hated by the City, on or prior to delivery of the 1972 Bonds in
order to insure that the procedure required for paying or redeeming
the Outstanding Bonds will be followed.
SECTION 2. The Mayor, City Clerk and the City Attorney
:ire each designated agents of the City in connection with the
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issuance and delivery of the 1972 Bonds. Such officials and
persons are authorized and empowered, collectively or individually,
to take all action and steps and to execute any and all instruments,
documents or contracts on behalf of the City which are necessary or
desirable in connection with the issuance and delivery of such 1972
Bonds and which are not inconsistent with the terms and provisions
of the Ordinance.
SECTION 3. This Resolution shall take effect upon its
adoption.
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CERTIFICATE OF RECORDING OFFICER
The undersigned HEREBY CERTIFIES th at:
1. SHe is the duly appointed, qualified, and acting
CLERK of the CITY COUNCIL
(herein called the CITY OF CLERMONT ), and keeper of the
records thereof, including- the minutes of its proceedings;
2. The annexed copy of extracts from the minutes of
the REGULAR meeting of the CITY COUNCIL
held on the 13th day of FEBRUARY 19 73, is
a true, correct, and compared copy of the whole of the original
minutes of said meeting on file and of record insofar as the
same relate to the resolution referred to in said extracts and
to the other matters referred to therein;
3. Said meeting was duly convened in conformity with
all applicable requirements; a proper quorum was present through-
out said meeting and the resolution hereinafter mentioned was
duly proposed, considered, and adopted in conformity with appli-
• cable requirements; and all other requirements and proceedings
incident to the proper adoption of said resolution have been duly
fulfilled, carried out, and otherwise observed;
4. SHe is duly authorized to execute this Certificate;
and
f 5. The copy of the resolution annexed hereto entitled:
NUMBER 203
RESOLUTION AUTHORIZING, EMPOWERING AND DIRECTING THE MAYOR,
CITY CLERK, AND CITY ATTORNEY OF THE CITY OF CLERMONT,
FLORIDA, OR ANY ONE OF SUCH OFFICERS TO TAKE SUCH ACTION
AND STEPS AND TO EXECUTE SUCH INSTRUMENTS NECESSARY OR
DESIRABLE IN THE ISSUANCE AND DELIVERY OF $1,540,000 WATER
AND SEWER REVENUE REFUNDING BONDS, SERIES 1972 OF SUCH
CITY DATED NOVEMBER 1, 1972.
is a true, correct, and compared copy of the original resolution
referred to in said extracts and as finally adopted at said meet-
ing and, to the extent required by law, as thereafter duly signed
or apppproved by the proper officer or officers of the CITY OF
CLER~10NT CITY COUNCIL which resolution is on file and of record.
WITNESS my hand and the seal of the CITY ,
this 13th day of FEBRUARY , 19 73 .
D LORES~W. CARROLL
~` CITY CLERK
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• (SEAL)