HomeMy WebLinkAboutO-10131J-86-526
7/01/86
ORDINANCE NO, 01 3
AN ORDINANCE AMENDING SECTION 1 OF
ORDINANCE No, 7861, ADOPTED MAY 13,
1970, THEREBY PROVIDING, SUBJECT TO
APPROVAL BY THE ELECTORATE AT AN
ELECTION TO BE HELD ON SEPTEMBER 2y
19861 THAT THE SEVEN AND ONE-HALF
PERCENT (7-1/2%) PER ANNUM MAXIMUM
INTEREST RATE PAYABLE ON AN AGGREGATE
PRINCIPAL AMOUNT OF $17,375,000 STREET
AND HIGHWAY IMPROVEMENT BONDS OF THE
CITY OF MIAMI, PREVIOUSLY AUTHORIZED TO
BE ISSUED UNDER SAID ORDINANCE N0. 7861,
BE MODIFIED TO ALLOW INTEREST TO BE PAID
ON $2,375,000 OF SAID BONDS REMAINING
UNISSUED AT A RATE OR RATES NOT
EXCEEDING THE RATE PROVIDED FOR BY
STATUTES OF THE STATE OF FLORIDA BUT NOT
TO EXCEED TEN PER CENTUM (10%) PER
ANNUM.
BE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA:
Section 1. Section 1 of Ordinance No. 7861, adopted
May 13, 1970, which authorized the issuance of an aggregate of
$17,375,000 Street and Highway Improvement Bonds of the City of
Miami is hereby amended in the following particulars:_1
"Section 1 For the purpose of paying the cost of
_ street and highway improvements in'The City of Miami,
including the constructing, reconstructing, extending,
widening, grading, paving, repaving, macadamizing and
remacadamizi.ng of highways, streets and other public
ways, with necessary drainage,, sewer inlets, manholes,
catch basins, sidewalks, curbs, gutters and
appurtenances and the acquisition of land and 'rights of
way and the landscaping, clearing and levelling
thereof, there 'shall be issued under the authority of
the City Charter, as amended, in addition to the
unissued $5,000,000 Highway Improvement Bonds
authorized by Ordinance No. 7216, adopted on July 1,
1964 and approved at the special election held on
September 29, 1964 and subject to the election
hereinafter provided for, bonds of The City of Miami in
an aggregate principal amount not exceeding Seventeen
Million Three Hundred Seventy -Five Thousand Dollars
($17,375,000), such bonds to be issued at one time or
from time to time and to mature as `follows;
h shall be deleted.
figures stricken through Words and/or g
Underscored words and/or figures shall be added. The remaining
provisions are now in effect and remain unchanged.
Y
Years after Principal Years after principal
Date or Dates, Amountw Date or bates Amours
2 $10390,000 12 $390�000
3 1,390,000 13 1500000
4 1,390,000 14 385,000
5 1,3900000 15 385,000
6 1,390000 16 385,000
7 1,390,000 17 385,000
8 1,390,000 18 385,000
9 lo390,000 19 385,000
10 lt390,000 20 385,-000
11 1,390,000
it being estimated and declared by the City Commission
that the probable life of said highway improvements is
more than twenty (20) years after the completion of
construction of said improvements.
Such bonds shall be in the denomination of $5,000
each, and shall bear interest at a rate or rates not
exceeding seye-R and owe #Q�f per- ,.,.,,► um _per- -
a�mum the rate provide_ d for by statutes of the State of
Florida but not to exceed ten per centum (10 ) per
annum), such interest Being payable semi-annually, and
both the principal of and the interest' on such bonds
- shall be payable at a bank or trust ,'company in the
Borough of Manhattan, City and State of New York, or at
a bank or trust company in the City of. Chicago,
Illinois,` or at a bank or trust company in the City of
Miami, Florida, at the option of the holder or
registered owner.
The City Commission reserves the right to make all
or a part of such bonds redeemable prior to their
respective maturities at such times and prices and
_ under such terms and conditions as may be fixed by
resolution prior to the sale of the bonds."
Section 2. A special municipal election is hereby called to
be held September 2, 1986, for the purpose of submitting to
qualified electors the question of whether the interest rate
modification, provided in Section 1 of this ordinance shall be
approved as said modification applies to $2,375,000 of previously
authorized and presently unissued Bonds.
Section 3. Pursuant to Section 58 of the Charter of the
City of Miami, Florida, this ordinance shall go into effect'
immediately upon its passage and shall not be subject to theright
of referendum.
PASSED ON FIRST READING BY TITLE ONLY this 26th�, day of
1986.
PASSED AND ADOPTED ON SECOND AND FINAL READING BY TITLE ONLYf
this ��Qth__► clay of yyJ.ttlyr 1986.
r
AmT T.
XAVIER L6 S EZr MAYOR
MATTY HIRAIr CITY CLERK
PREPARED AND APPROVED BY:
ROBERT F. CLARK
CHIEF DEPUTY CITY ATTORNEY
APPRO DAS TO FORM AND CORRECTNESS:
i
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L CIA A. DOU HERTY
CITY ATTORNE
RFC/rr/bss/M044
I, Matty Hirai, Clerk of the -; of Florida,
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110
Oft MiAMi, ftiv6RiFJA
39
iNttA,OFF1Cr M> MORANCIUM
Cesar t0. H.04fi€
July l j 17 00 r+LE
City managpi- }� 3
A t: b�to kuder sueaECt
_
Sond interest
Modification Ordinances
1'' / �Dou her aEFERENCES
Lucia
City Commission Agenda _.
kpdM: i g y
July 10, 196
City Attorney
AA
ENCLO5UPE5
(`! )
At its June 26th Meeting, the City
Commission amended the
subject ordinances which were submitted
by Carlos Garcia; the
Finance Director.
The commission imposed a maximum
interest rate ,of -ten
percent_ (10%) and mandated language on
the ballot which would
inform the voters of the fact that the unissued
Pollution Control
_
Bonds were in theamountof $4,000,000
and the unissued Street
Improvements Bonds were in the amount of
$2,375,000.
The attached four ordinances each
contain the City
Commission's amendments and are being forwarded for placement and
for second reading at the July loth Meeting.
LAD:RFC:bss:M004
cc: Matty Hirai, City Clerk
Carlos Garica, Finance Director
0181'
ditf bra MIAMI. PWAIbA
iN' t§-d1PP'1dt MEMORANOUM
The Honorable Mayor and dAtt: June 17, 1986 « :
Members of the City Commission
§U�JEC1 Agenda Item Meetln 9
of dune 26, 1986
:1tOM Cesar H. O d i o RE SRENCES:
City Manager
EMCLOSUAM
It is recommended that the attached Ordinance amending
Section 1, of Ordinance No. 7861, adopted May 13, 1970
thereby provi din g, subject to approval by the
electorate at an election to be held on September 2,
1986 that the seven and one half percent (7 1/2%) per
annum maximum interest -rate payable on an aggregate
principal amount of $17,375,000 Street and Highway
Improvement Bonds of the City of Miami previously
authorized to be issued under said Ordinance No. 7861,`
be modified to allow interest to be paidon said bonds
at a rate or rates not exceeding the rate provided for
by Statutes of the State of Florida, be approved.
Ordinance No..7861, adopted in May, 1970 approved the issuance of
$17,375,000 Street and Highway Improvement Bonds with an interest
rate limit of 7.5%. Due to increased interest rates the City has
not been able to market the remaining $2, 375,000 of this
authorization. Even in today' s low interest environment, A 'rated
municipal bonds sell for approximately 8%.
The attached Ordinance changes the interest clause in compliance
with State law that allows interest: rates to be tied` to market
rates:
The amended language is similar to that used in all unissued bond
— authorizations approved by the City voters subsequent to 1970.
Once this amendment is approved by the voters, the City will be
able ' to market the remaining $2,375,000 Street and -Highway
Improvements Bonds according to its capital projects needs.
cc: Law Department
r10,131
CITY OF MIAMI,
DA09 COUNTY, FLORIDA
LEGAL NOTICE
Ail interoted persons Will take notice that bn the iOth day of July,
1086, the City Coehrhission of Miami, Florida, adopted the fotldWitig
titled drdihance(s):
OADiNANdt NO. W26 1
AN EMERGENCY ORDINANCE ESTABLISHING "PARK FEES'
TO BE ASSESSEb USERS OF THE CITY'S ViRGINIA KEY
i PARK; CONTAINING A REPEALER PROVISION AND A
SEVERABILITY CLAUSE.
ORDINANCE NO.101121
AN ORDINANCE AMENDING CHAPTER 18, ENTITLED
"FINANCE" OF THE CODE OF THE CITY OF MIAMI,
FLORIDA, AS AMENDED, BY AMENDING SUBSECTION (b)
MIAMI REVIEW OF SECTION 18.2 OF SAiD CHAPTER, PROVIDING BY SAID 1
AMENDMENT FOR THE FINANCE DIRECTOR% AUTHORITY
AND DAILY RECORD TO PURCHASE AND INVEST IDLE FUNDS PRUDENTLY IN:
BONDS AND OBLIGATIONS OF AGENCIES OF THE UNITED
Published Daily except Saturday, Sunday and STATES, PROVIDED SUCH ARE GUARANTEED BY THE
Legal Holidays UNITED STATES OR BY THE ISSUING AGENCY; GENERAL
Miami, Dade County, Florida: OBLIGATION OF STATES, COUNTIES, MUNICIPALITIES,
SCHOOL DISTRICTS, OR OTHER POLITICAL SUBDIVISIONS;
STATE OF FLORIDA REVENUE AND EXCISE TAX BONDS OF THE VARIOUS
COUNTY OF DADE: MUNICIPALITIES OF THE STATE OF FLORIDA, PROVIDED
ned authority NONE OF SUCH SECURITIES HAVE BEEN iN DEFAULT
Before the undersigned y personally appeared WITHIN FIVE (5) YEARS PRIOR TO DATE OF PURCHASE;
Octelme V. Ferbeyre, who an oath says that she Is the Supervisor NEGOTIABLE CERTIFICATES OF- DEPOSIT; BANKERS
Of Legal Advertising of the Miami Review and Daily Record, a ACCEPTANCE DRAFTS; OR PRIME COMMERCIAL PAPER;
daily (except Saturday, Sunday and Legal Holidays) newspaper, CONTAINING `A REPEALER PROVISION AND A
published at Miami in Dade County, Florida; that the attached SEVERABILITY CLAUSE.
copy of advertisement, being a Legal Advertisement of Notice
In the matter at
CITY OF MIAMIORDINANCE NO.10122
ORDINANCE NO. 10131 AN ORDINANCE AMENDING SUBSECTIONS (A) AND (13)(1)
AND (2) OF SECTION 30.53, ENTITLED "GREEN FEES" AND
SUBSECTION (A) OF .SECTION 30.55, ENTITLED "SPECIAL
RATES", OF THE CODE OF THE CITY OF MIAMI, FLORIDA,
AS AMENDED, BY REVISING THE FEE SCHEDULES FOR
CITY OF MIAMI GOLF COURSES,' AND PROVIDING THAT'
In the XXX TIMES FOR TWILIGHT GREENFEESBE ANNOUNCED BY
• • . •. . • • • • .. • ....... Court. THE CITY MANAGER FOR BOTH WINTER AND SUMMER
was published in said newspaper In the issues of SEASONS, WHICH SHALL BE NO EARLIER THAN 2:00 P.M.
AND NO LATER THAN 5:00 RM; CONTAINING A REPEALER
J U LY15, 1986 PROVISION AND A SEVERABILITY CLAUSE.
ORDINANCE NO. 10123
Afflant further says that the said Miami Review and Daily AN ORDINANCE AMENDING SECTION 38.45 OF THE CODE
Record Is a newspaper published at Miami in said Dade County, OF THE CITY OF MIAMI, FLORIDA, AS AMENDED,
Florida, and that the said newspaper has heretofore been AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE TO
continuously published in said Dade County, Florida, each day ISSUE TEMPORARY NON-EXCLUSIVE. CONCESSIONS BY
(except Saturday, Sunday and Legal Holidays) and has been PERMIT IN'CITY-PARKS FOR SPECIAL EVENTS; FURTHER . entered as second class mail matter at the post office in
Miami in said Dade County, Florida, for a period of one year PROVIDING FOR THE CITY. COMMISSION TO ESTABLISH A
next preceding the first publication of the attached' cop of _ SCHEDULE OF CONCESSION' FEES AND COMPENSATION
advertisement; and afflam further soya that she has nether FOR THE GRANTING AND EXERCISE OF CONCESSION
paid nor promised any person fine or corporation any discount,' PRIVILEGES 1N THE PARKS; CONTAINING A REPEALER
rabatp, commisalon or refu d e purpose of securing this
adv9rtisement for Rye( �rfth said newspaper. PROVISION AND SEVERABILITY CLAUSE.
' ORDINANCE NO. 10124
AN ORDINANCE ESTABLISHING A NEW SPECIAL REVENUE
and°subsgytbed before me this FUND ENTITLED: "RECREATION ACTIVITY,1985-86", AND
APPROPRIATING FUNDS FOR ITS OPERATION IN THE
15t39eyaf ly- :Z A.D.19.. ...$6 AMOUNT OF $100,000 COMPOSED OF REVENUES.
+ G , COLLECTED FROM PARTICIPATION FEES, CONTAINING A
.• • j REPEALER PROVISION AND A SEVERABILITY CLAUSE.
Ngtfry Py�►li`t4a o �F of %ride at Large ORDINANCE NO.10126
(SEAL) ���r,r t O F
My Commission sxj1NOWh�. 18, 1988. AN ORDINANCE AMENDING THE CODE OF THE CITY OF
MIAMI FLORIDA,, AS AMENDED CREATING A`,NEW
DEPARTMENT TO BE KNOWN AS THE DEPARTMENT OF.,
PARKS, RECREATION AND PUBLIC r FACIUTIES, THEREBY .
COMBiNING THE DEPARTMENT OF. PARKS. AND
_ RECREATION, THE DEPARTMENT OF PUBLI0 =FACILITIES
AND: THE OFFICE OF MARINAS INTO'A•SINGLE '
DEPARTMENT; PROVIDING FOR THE APPOiNTMENTOFA
— DIRECTOR BY THE CITY MANAGER; PRESCRIBING THE
RESPONSIBILITIES, •FUNCTIONS AND RUT:IES OF THE
DEPARTMENT; TRANSFERRING THERETO ALL
PERSONNEL-, RECORDS AND FLINOS RREYIOUSLY,=
j SUDGIFTED TO TH. E.DEPARTMENT OF PUSI O FACi1.iTfES
r TO THE DEPARTMENT OF PARKS AND RFOREATION ANp
TO THE OFFICE OF MARiNA$# FURTHER PROVIPING THAT
ALL REFERENCES IN TtHE OOQE 4?F TMt* CITY OFAIAII,
FLORipA, AS AMENPFD, TQ THE QEPARTMF-NT OF.PV—LIB.,
FACILITIES, THE LiEPARTMENT OF .RARf16 AND
RECREATION_, AND THE OFFICE OF MARINAS �SHAirJ�
DELETED THEREFROM' 'CONTAINING A REPEALER
PROVISION AND A SEVERABILITY CLAUSE.
MR 14;
�..
( ' bAWNANCt NO.11602
0 01NANCE NO. i0198
AN ORDINANCE PROVIDING FOR THE HOLDING OF A
AN ORDINANCE AMENDING SECTION 1 OF ORDINANCE
SPECIAL MUNICIPAL ELECTION IN THE CItY OF MIAMI
FLORIbA, ON fiUESbAY, SEPTEMBER 2,1986 WITH RE90EC11
NO 10039 ADOPTED SEPTEMBER if, 1985, THE ANNUAL
( fO AUTHORIZATION FOR A MODIFICATION IN tHE
APPROPRIATION ORDINANCE FOR THE FISCAL YEAR
MAXIMUM INTEREST RATE PAYABLE ON PREVIOUSLY
I ENDING SEPTEMBER 3o, 1986, BY INCREASING THE
( AUTHORIZED STREET AND HIGHWAY IMPROVEMENT
APPROPRIATION FOR THE DEPARTMENT OF COMMUNITY
i BONDS OF THE CITY OF MIAMI IN THE AGGREGATE
DEVELOPMENT BY t40,000, CONSISTING OF A $20,000
I PRINCIPAL AMOUNT OF $17,375,006.
GRANt PROM bANCE UMBRELLA INC., AND A $20,060
CONTRIBUTION FROM THE CITY OF MIAMI'S FISCAL YEAR
OROINANC€ NO. 16011
1089 •-- 86 GENERAL FUND BUDGET: SPECIAL PROGRAMS
AND ACCOUNTS; MATCHING FUNDS FOR GRANTS, AND
AN EMERGENCY ORDINANCE AMENDING ORDINANCE NO.
BY DECREASING THE APPROPRIATION FOR SPECIAL
9939, ADOPTED DECEMBER 20, 1984, AS AMENDED, THE
PROGRAMS AND ACCOUNTS; MATCHING FUNDS FOR
CAPITAL IMPROVEMENT APPROPRIATIONS ORDINANCE,
GRANTS BY $20,060, CONTAINING A REPEALER PROVISION
( BY ESTABLISHING TWO NEW PROJECTS ENTITLED:
AND A SEVERABILITY CLAUSE.
"ORANGE BOWL — CONCRETE SLAB AND JOIST REPAIR"
AND "ORANGE BOWL — RECEPTION/PRESS INTERVIEW
ORbINANCE NO. i0127
AREA" AND APPROPRIATING .FUNDS FOri THEIR
OPERAtIQN IN THE AMOUNTS OF $428,000 AND $450,060,
AN ORDINANCE AMENDING SUBSECTI ONS (b) AND Ic1,
ONS (b)18ERiNG
RESPECTIVELY, FROM DADE COUNTY RESORT TAX
REPEALING SUBSECTION (d) AND
REVENUES; CONTAINING A REPEALER PROVISION AND A
SUBSECTION (e) OF SECTION 42.8.1 OF THE CODE OF THE
SEVERABILITY CLAUSE.
CITY OF MIAMI; FLORIDA. AS AMENDED, TO INCREASE
THEFEE' COLLECTED BY THE CITY IN ITS ADMINISTRATION
MATTY HIRAI
OF THE PROGRAM WHEREBY EXCEPTIONAL AND
' CITY CLERK
I NONROUTINE SERVICES OF OFF -DUTY POLICE OFFICERS
CITY OF MIAMI, FLORIDA
ARE ASSIGNED BY THE CITY AND PROVIDED TO PERSONS
(3$93)
OR BUSINESSES REQUESTING THE SAME; FURTHER,
` RECOGNIZING BY THE HEREIN AMENDMENT THE CITY'S
Publication of this Notice on the 15 day of July 1986
I ON -GOING RESPONSIBILITY TO PROVIDE SELF-
7116 86.0715109M
INSURANCE COVERAGE FOR TORT LIABILITY AND
WORKERS COMPENSATION CLAIMS ARISING OUT OF AND
IN THE COURSE AND SCOPE OF SUCH OFF•OUTY POLICE
OFFICERS .PERFORMANCE OF LAW ENFORCEMENT
DUTIES DURING THE PERIOD OF SUCH ASSIGNMENT;
CONTAINING A REPEALER PROVISION AND A
SEVERABILITY CLAUSE:
ORDINANCE NO. 10128
AN ORDINANCE- REPEALING, IN ITS ENTIRETY, CHAPTER
22, ENTITLED "GARBAGE AND TRASH", OF THE CODE OF
THE CITY OF MIAMI, FLORIDA, AS AMENDED, EXCEPT FOR
SECTION 22.12 OF SAID CHAPTER, AND REPEALING
SECTIONS 23.5 THROUGH 23.9 OF CHAPTER 23, ENTITLED
`'HEALTH", OF SAID CODE, AND SUBSTITUTING THEREFOR
ANEW CHAPTER 22 PROVIDING THEREBY FOR
REGULATIONS CONCERNING THE COLLECTION OF WASTE
MATERIAL; ESTABLISHMENT OF FEES AND ENFORCEMENT
MEASURES; FURTHER PREEMPTING TO THE CITY THE
WASTE: COLLECTION' FUNCTION IN THE ENTIRE CITY
EXCEPT AS OTHERWISE PERMITTED; CONTAINING A
REPEALER PROVISION AND A SEVERABILITY CLAUSE.`
ORDINANCE NO. 10129
AN ORDINANCE AMENDING SECTION 1 OF ORDINANCE
NO. 7864,'ADOPTED `MAY 13, 1970,'THEREBY PROVIDING,
SUBJECT TO APPROVAL BY THE ELECTORATE AT AN
ELECTION TORE HELD ON SEPTEMBER 2, 1986, THAT THE
SEVEN AND ONE-HALF PERCENT (7-1h%) PE9'ANNUM
MAXIMUM INTEREST RATE PAYABLE ON $7,000,000
POLLUTION' CONTROL AND INCINERATOR FACILITIES
BONDS OF THE CITY OF MIAMI, PREVIOUSLY AUTHORIZED
TO BE ISSUED UNDER' SAID ORDINANCE NO. 7864, BE
MODIFIED TO ALLOW INTEREST TO BE PAID ON $4,000,000
OF'SAID BONDS` REMAINING UNISSUED AT A RATE OR
RATES' NOT EXCEEDING THE RATE PROVIDED FOR BY
STATUTES OF THE STATE OF, FLORIDA BUT NOT TO EXCEED
TEN ,PERCENT ,(10%) PER ANNUM.,'
ORDINANCE NO.10130
AN ORDINANCE; PROVIDING FOR THE HOLDING OF A
SPECIAL MUNICIPAL ELECTION IN THE CITY OF MIAMI,
FLORIDA, ON TUESDAY, SEPTEMBER 2,d986 WITH RESPECT
TO AUTHORIZATION FOR A MODIFICATION IN THE
MAXIMUM INTEREST RATE PAYABLE ON PREVIOUSLY
AUTHORIZED $7,000,000 POLLUTION CONTROL AND
INCINERATOR' FACILITIES BONDS OF THE CITY OF MIAMI.
ORDINANCE NO.10131
AN ORDINANCE AMENDING SECTION I OF ORDINANCE
N0 7861, ADOPTED MAY 13, 1970, THEREBY PROVIDING,
SUBJECT TO APPROVAL BY THE ELECTORATE AT AN
ELECTION TO BE HELD ON SEPTEMBER 2,1986,THAT THE
SEVEN AND ONE-HALF PERCENT (7•+/2%) PER ANNUM
MAXIMUM INTEREST RATE PAYABLE ON AN AGGREGATE
PRINCIPAL AMOUNT OF $17,375,000 STREET AND HIGHWAY
IMPROVEMENT OONIPS'OF THE CITY OF MIAMI,
t PREVIOUSLY AUTHORIZED TO BE ISSUED' UNDER SAID
ORDINANCE N0, 7861, BE MODIFIED TO ALLOW INTEREST
TO SE PAID ON'$2,37a,000 OF SAID BONDS REMAINING
UNISSUED AT A RATE OR RATES NOT EXCEEDING THE
RATE PROVIDED FOR BY 'STATUTES OF THE STATE OF
FLORIDA BUT NOT TO EXCEED TEN PER CENTUM (10%)
PER ANNUM,
1
61TY OP MIAMI,
DA69 C61.110V, tEI, 6R10A
NOTICE f3ls Ph6p fllb 61116INANCE
Notice Is hereby given that the City Commission of the City of
Miami, Florida, on July 10,1986, commenci lg at 9:00 A.M. in the City
Commission Chamber, City Halt, 3500 Pan AmericanDr., Miami,'
Florida, will consider the following Ordinance(s) on final reading and
the adoption thereof
ORDINANCE NO.
MIAMI ji W AN ORDINANCE AMENDING SECTION i OF ORDINANCE
N0. 7864, ADOPTED MAY 13, WO, THEREBY PROVIDING,
SUBJECT TO APPROVAL BY THE ELECTORATE AT AN ELEC.
TION TO BE ON SEPTEMBER 2, 1986, THAT THE
Published Daily except Saturday, Sunday and SEVEN AND ONE-HALF PERCENT (7Vz%) PER ANNUM MAX.
Legal Holidays IMUM INTEREST RATE PAYABLE ON $1,000,000 POLLUTION
Miami, Dade County, Florida. CONTROL AND INCINERATOR FACILITIES BONDS OF THE -
CITY OF MIAMI, PREVIOUSLY AUTHORIZED TO BE ISSUED`
STATE OF FLORIDA' UNDER SAID ORDINANCE NO.7864, BE MODIFIED TO ALLOW
COUNTY OF DADE: INTEREST TO Be PAID ON SAID BONDS AT A RATE OR
Before the undersigned authority personally appeared RATES NOT EXCEEDING THE RATE PROVIDED FOR BY
Sookie MIllams, who on oath says that she Is the Vice President STATUTES OF THE STATE OF FLORIDA BUT NOT TO EXCEED
of Legal Advertising of the Miami Review and Daily Record, a TEN PER CENTUM (10%) PER ANNUM.
daily (except Saturday, Sunday and Legal Holidays) newspaper,
published at Miami in Dade County, Florida: that the attached ORDINANCE NO,
copy of advertisement, being a Legal Advertisement of Notice
In the matter of AN ORDINANCE PROVIDING FOR THE HOLDING OF A SPE.
CITY OF MIAMI CIAL MUNICIPAL ELECTION IN THE CITY OF MIAMI, FLOR
NOTICE OF PROPOSED ORDINANCE IDA,ONTUESDAYSEPTEMBER 2,1986WITH RESPECT TO
P.0 # 3883 AUTHORIZATION FOR A MODIFICATION IN THE MAXIMUM
INTEREST RATE PAYABLE ON PREVIOUSLY AUTHORIZED
$7,000,000 POLLUTION CONTROL AND INCINERATOR FACIL-
ITIES BONDS OF THE CITY OF MIAMI.
ORDINANCE NO6
In the ............... X XX.X.............. . . Court,
was published In said newspaper in the Issues of AN ORDINANCE AMENDING SECTION 1 OF ORDINANCE
NO. 7861, ADOPTED MAY 13, 1970, THEREBY PROVIDING,
June 30, 1986 SUBJECT TO APPROVAL BY THE ELECTORATE AT AN ELEC-
`TION TO BE HELD ON SEPTEMBER 2, 1986, THAT THE
I SEVEN AND ONE-HALF PERCENT (71/2%0) PER ANNUM MAX-
IMUM INTEREST RATE PAYABLE ON AN AGGREGATE PRIM-
Alflant further says that the said Miami Review and Daily CIPAL AMOUNT OF $17,375,000 STREET AND HIGHWAY,
Record is a newspaper published at Miami in said Dade County, IMPROVEMENT BONDS OF THE CITY OF MIAMI, PREVIOUSLY
Florida, and that the said newspaper has - heretofore been
continuously published InSaidDade County, Florida, each day AUTHORIZED TO BE ISSUED UNDER SAID ORDINANCE N0.
(except Saturday, Sunday` and Legal Holidays) and has been 7661, BE MODIFIED TO k-LOW INTEREST.TO BE PAID ON
entered as second class main matter at the post office in SAID BONDS AT A RATE OR RATES NOT EXCEEDING THE
Miami in sold Dade County, Florida, for a period of one year
next preceding the first, publication of the attached copy of RATE PROVIDED FOR BY STATUTES OF THE STATE OF`;
adve a entc and afflant further` says that she has neither FLORIDA' BUT NOT TO EXCEED TEN PER CENTUM (10%),
ps nor mised any person, firm or corporation any discount,
rob to, mmisslon or refund for the purpose of securing this PER ANNUM,
ad rt ement'for publication in the said newspaper.
tttttlffff s ORDINANCE NO.
• • 4r' �''i;� " AN ORDINANCE PROVIDING FOR THE HOLDING OF A SPE-
�` • ' ' • G ' CIAL MUNICIPAL ELECTION IN THE CITY OF MIAMI, FLOR
GJ� + Sworn to: atiytSa�rtbed before me this IDA, ON TUESDAY, SEPTEMBER 2, :1986 WITH •RESPECT TO
Tdd AUTHORIZATION FOR A MODIFICATION IN THE MAXIMUM
3 D. y gi .��.....t?"4d: �. _.. ;, A.D. 19... $6 INTEREST. RATE PAYABLE ON PREVIOUSLY .AUTHORIZED
STREET AND HIGHWAY IMPROVEMENT: BONDS OF THE
•' • • • CITY OF MIAMI IN THE AGGREGATE PRINCIPAL AMOUNT
p nft Haiti an
*+ �Iutlry�PugJIt,,Stlte of Florida at Large OF$17,375,000.
(SEAL) ' , 1 , , • �p ��� Said proposed ordinance(s) may be inspected by the public at -the
My CommIW'jG'6's e691n 23, 198ti. office of the City Clerk,.3500,Pan American Drive, M aml,"Tlorjda,..
MR 1/0 �frr�rif,,,.�r•�'� Monday through Friday, excluding holidays, during the hours of 8:00
A.M. to 5:00 P.M.
All interested parties may appear at the meeting and be heard With
respect to the proposed ordinance(s). ,
Should any person desire to appeal any decision of the City Com.
mission with respect to any matter to be considered at this mge,t A9,
that person ghall ensure that a verbatim record of the proceedings is
made .including ail to011mony and evidence upon whitrh any appeal
may be based;
(M38f33) MATTY HIRAI
CITY CLERK
CITY OF MIAMI, FWRIDA,
6130 SB463QfI�M