06-18-1920 Regular MeetingClermont, Fla. June 3rd 1920
Regular meeting of Clermont Council adjourned from June 1st
1920 untilJune 3rd called to order.
All members present.
Atty Hunter present to advise Council reguarding bond issue/
Moved by Mr Johnson that Atty Hunter be instructed to draw
ordinance. Call an election for purpose of voting bond issue
of $30,000 for water works purposes and $5,000.00 for Town
Hall. Carried.
Moved by Mr. Sharp that Willie deed be accepted. Carried.
Moved to adjourn until June 18th 1920. Carried.
S S Fisler, Clerk.
Clermont, Fla. June 18th 1920.
Regular meeting of Clermont Council adjourned from June
3rd 1920 until June 18th 1920 called to order by Pres
Goodenough.
Roll call, all members present.
Moved by Mr Johnson that rules be suspended and ordinance
be prepared by Atty Hunter be passed to second reading.
Carried.
Moved by Mr Sharp that Sec 3 be amended to read $100.00
and $500.00 bonds and change dates in said section from
Jan 1st 1921 to Sept 30th 1920 and instruct to be paid semi
annually on the 1st day of Sept and the 1st day of March of
each year. Carried.
Moved by Mr Wilson that Ordinance prepared by Atty Hunter
be accepted as amended by Mr Sharp. Amendment carried.
Moved to adjourn. Carried.
S S Fisler, Clerk.
Clermont, Fla, June 18, 1920
Ordinance 33
The following Ordinance was introduced by Councilman Wilson
and passed by the Council.
An Ordinance providing for the calling and holding an election
in the Town of Clermont, Lake Co, Fla authorizing the issuance
of Bonds of said town for the purpose of constructing and
maintaining or purchasing water works and for the purpose of
erecting or purchasing a Town Hall for use of said municipality
creating a department of Bond Trustees and providing for their
election.
Be it ordained by the Town Council of the Town of Clermont,
Lake Co, Florida.
Sec 1, That it is deemed advisable to issue bonds for the
purpose of raising money to be used in constructing,
maintaining or purchasing water works and for the purpose
of erecting or purchasing a Town Hall for the use of the
municipality of Clermont, Fla.
Sec 2. That the proper officers of the Town of Clermont,
Lake Co, Fla when so authorized as herein after provided
shall issue in the name and under the seal of said town
$30,000.00 of negotiable coupon Bonds of said town for the
purpose of constructing, maintaining or purchasing water work
s for said Town and $5,000.00 for the purpose of erecting or
purchasing a Town Hall for the use of said Town of Clermont,
Florida.
Sec 3. The Bonds to be issued shall be in the denomination
of $500.00 said bonds as may be issued shall herein after
provided shall be dated as of the first day of Sept AD 1920
and shall bear interest at the rate of %6 per annum payable
semi annually on the first day of Sept and the first day of
March of each year and shall become due and payable 30
years after date of said bonds. Said bonds shall be signed
by the Mayor countersigned by the Pres of the Council and
attested by the Town Clerk and the seal of said town shall be
placed thereon. The principal of said bonds and the interest
shall be payable in gold coin of the United States of America
of Standard weight and fineness or at the American
Exchange National Bamk of New York, New York as the
holder there of may exist, and for the payment of the principal
and interest of said Bonds there shall be levied and collected
annually a special tax on all taxable property in said town
sufficient to pay said interest as it falls due and to create a
sinking fund for the fragment of the principal of said bonds a
maturity.
Sec 4. There shall be a board of Bond Trustees composed of
three qualified electors of said town who are free holders therein
to be elected at the election to be held for the approval of the
Bonds under the terms of this Ordinance.
Said trustees shall be elected for a term of 30 years.
They shall be allowed reasonable clerical help at reasonable
compensation for such help and shall give bond payable to the
Town of Clermont, Lake Co, Fla in a sum determined by the
Town Council of Clermont Florida. Condition for faithful
performance of such duties and fulfill and time accounting to
said Town for all money and property of said Town that may
come into their hands by service of such duties as such trustees.
It shall be the duty of such trustees as soon as the bonds herein
authorized shall be executed by said Town to offer the same or
any part thereof as directed by the Town Council for sale by
publication of notice stating the amount of bonds for sale, the
rate of interest, when and where the interest and principal shall
become due and payable in a newspaper published in Clermont,
Florida for a period of 30 days prior to the sale and also for a
like time in two other newspapers in cities known to be money
centers. The trustees may receive the bids for the purchase
of said bonds or any part thereof that may be offered for sale
from time to time on or before the expiration of 30 days from
the first appearance of said advertisement published as
above specified. The trustees shall have the right and in all
advertisements for bids for bonds shall reserve the same.
To reject any or all bids and to advertise the bonds or any
portion remaining unsold and the acceptance or rejection of
any bids by said Trustees shall not become effective until
ratified and approved by the Town Council. Said Trustees
shall serve without compensation and vacancies in said
board of Bond Trustees shall be filled by the Town Council by
a majority of the votes of said Council. Said trustees may be
removed for cause by the Town Council with the approval of
the Mayor.
Sec 5. The proceeds arising from sale of said bonds shall be
applied to the proposed purposes herein proposed and for
which the issuance of Bonds may be authorized at said
election and should the use of any such bonds that may be
authorized for the above mentioned
Be subsequently declared by ordinance to be unnecessary then
the surpluses of the Bonds not be disposed of in the hands of
the trustees shall be by them surrendered to the Town Council
of the Town of Clermont, Florida and by said Town Council shall
be destroyed. All proceeds arising from the sale of said bonds
shall be deposited in a bank to be designated by the Council.
Sec 6. An election shall be and the same is hereby called to be
held at the Council Chamber in said town on the 3rd day of
August, AD 1920 for the approval of the issuance of bands
mentioned in Sec 2 of this Ordinance. Said election shall be
conducted as other town elections are conducted as for as
practical, except that only such electors who in addition to such
qualifications prerequisite to voting in Town elections are free
holders in said town shall be allowed to vote at such election.
The Mayor of the Town of Clermont, Florida shall appoint three
inspectors and one clerk and Inspectors shall canvass the ballot
and make (********) of same to the Town Council who shall not
later than the sixth day after said election canvass the returns
and declare the result of said election. The Registration Officer
of said town shall open the registration books 30 days before
said election for the purpose of registering the qualified
electors in said town and keep said books open for
registration of votes until and including the day proceeding
said election. He shall give notice that said books are open
by publication in a newspaper published in Clermont, Florida
or by posting in three conspicuous places in said town.
Sec 7. The form of ballot to (**********) shall be substantially
as follows.
Town of Clermont, Lake Co, Florida
A special election to be held for the purpose of approving the
issuance of negotiable coupon bonds of the town of Clermont
, Lake Co, Florida for the purpose of maintaining or
purchasing water works for said town for the purpose of
erecting or purchasing a town hall for use of said town of
Clermont, Lake Co, Florida and for the election of a Board of
Bond Trustees to consist of three members. Each voter shall
express his choice for or against said bonds.
For said purposes and for three members of said Board of
Bond Trustees by making a cross (x) mark for the affirmative or
negative of the question before and to the left of same and for
each Bond Trustee by making a cross (x) mark before and to
the left of the name of each Bond Trustee.
In favor of the issuance of $30,000.00 of negotiable coupon
bonds for the purpose of constructing, maintaining or purchasing
water works for Clermont, Lake Co, Florida.
Against the issuance of $30,000.00 negotiable coupon bonds
for the purpose of constructing or maintaining of purchasing
water works for the Town of Clermont, Lake Co, Florida.
In favor of the issuance of $5,000.00 of negotiable coupon
bonds of the Town of Clermont, Florida for the purpose of
erecting or purchasing a Town Hall for said town.
Against the issuance of $5,000.00 of negotiable coupon bonds
of Clermont, Lake Co, Florida for the purpose of erecting or
purchasing a Town Hall for the use of said town.
For members of the Board of Bond Trustees vote for three
making a cross (x) before the name of each person of your
choice. For names of candidates and three additional blank
lines.
Sec 8. The Town Clerk is here by authorized and directed to
open the Town registration book for the registration of
Electors as provided for in other elections. It shall be the duty
of the Town Clerk to secure from the Clerk of the Circuit Court
or from the Tax Collector for Lake Co, Florida.
A certificate as to all registered voters in the Town of
Clermont, Florida who have paid their poll tax and who are
free holders within said town on the on the day previous to
the date of the election to be used by the inspectors of said
election for determining whether or not an elector is qualified
to vote at such an election, but such certificate shall not be
conclusive evidence as to qualifications.
Sec 9. This ordinance shall be published in the Clermont
Clarion a newspaper published in the Town of Clermont,
Lake Co, Florida for not less than 30 days prior to the date
set for holding the election specified in the ordinance and
shall be posted for a like period of time in three of the most
public places in said town.
Sec 10. Of the issuance of bonds for one of the purposes
mentioned in this ordinance should become defeated at such
election, such action shall not in any manner effect the issuance
for a purchase which may be authorized at said election.
Sec 11. If the issuance of Bonds is authorized for one or more
of the purposes authorized in this ordinance at said election
said Town Council is here by authorized and directed to pass
such further and other ordinances not in conflict with this
ordinance as may be deemed necessary to carry the results of
said election into effect. To provide for the issuance, negotiation
and sale of such bonds as may be authorized and the
application of the proceeds of such part as maybe needed to
accomplish the purpose intended.
The form of the bonds and matters of detail not inconsistent with
the provision of this ordinance shall be such as may be set forth
in any subsequent Ordinance which said council shall deem
necessary or expedient in carrying the results of said election
into effect.
Sec 12. This ordinance shall become effective upon its
passage by the Town Council and the approval by the Mayor
of said Town.
Passed in open Council this 18th day of June AD 1920
C H Goodenough, President of Council
S S Fisler, Clerk
C A Roe, Mayor.
Bonds 80,000.00
Ordinance # 33 Page 95 6/18/20
Preamble:
Necessary for water works and Town Hall – Creating Dept of Board of Trustees
and providing for this election.
Sec 1. Advisable to have water works and Town Hall
Sec 2. $30,000 for Water Works. $5,000 for Town Hall. Negotiable bond to be
issued by City coupon books.
Sec 3. Bonds in denominations of $500.00
Dated Sept 1st 1920
Interest at 6% payable semi-annually on September 1st and March 1st
Due 30 years from date.
Payable First State Bank of Clermont or American Exchange National Bank of NY
To pay bonds will be levied & collected a special tax on all taxable property with
which to pay interest and principal.
Sec 4. Board of Bond Trustees to be 3 freeholders elected for approval of bonds
to serve 30 years. Must give bond to be determined by Council and when bonds
are executed to sell same.
Sec 5. Proceeds from sale of Bonds to be disbursed.
Sec 6. Election to be held August 3rd 1920, Registration books to be opened
30 days prior to election and give public notice in paper or by posting.
Sec 7. Contents of ballot
Sec 8. Duties of Clerk in connection with election.
Sec 9. Publication of this ordinance for 30 days in newspaper.
Sec 10. Issuance of bonds for one purpose not to defeat other purpose.
Sec 11. Ordinances to carry out result of election not to be in conflict with
this one. Authorizes issuance of bonds not inconsistent herein with .
Sec 12. Passed. 06/18/20
