HomeMy WebLinkAboutItem #40B - First Reading Ordinancev
J-83-1146
1/25/64
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ORDINANCE NO
AN ORDINANCE AUTHORIZING THE ISSUANCE,
SU83ECT TO THE ELECTION HEREIN PROVIDED
FOR, OF $35,000,000 PARK AND RECREATION
FACILITIES BONDS OF THE CITY Of MIAMI,
FLORIDA, FOR THE PURPOSE OF PAYINn THE
COST OF ACQUIRING, CONSTRUCTING,
DEVELOPING, EXTENDING, ENLARGING AND
IMPROVING PUBLIC PARK AND RECREATION
FACILITIES IN THE CITY OF MIAMI,
INCLUDING FACILITIES PROPERLY APPURTENANT
THERETO, THE ACQUISITION AND THE
IMPROVEMENT AND FILLING, OF LAND FOR SUCH
PURPOSES AND THE ACQUISITION OF EQUIPMENT
THEREFOR; PROVIDING FOR THE LEVY AND
COLLECTION OF AD VALOREM TAXES TO PAY
SUCH BONDS.
BE IT ORDAINED BY THE COMMISSION OF THE CITY,, OF MIAMI,
FLORIDA: L
Section 1. For the purpose o p i g, 'th any other
available funds, the Cos of c ring, c nstructing,
developing, extending, n g' nd impro public PARK
AND RECREATION FACILITIE i h ity of Miami, Florida (the
"City"), including foci i es properly appurtenant thereto,
the acquisition of land f r the construction, development,
extension, enlar ent or improvement of such facilities, the
improvement and f 11 ng of land for such purposea, and the
acqu sitiop of uipment therefor, there shall be issued,
and the a ity of the Constitution and laws of the
St e f F1 r do, including particularly the Charter of the
City an the Municipal Home Rule Powers Act (Chapter 166 of
the Flo ids Statutes, as amended), and subject to the
ale n hereinafter provided for, bonds of the City in an
aggregate principal amount not exceeding Thirty Five Million
Dollars ($35900D,000), such bonds to be issued at one time or
from time to time and to nature. in the years and principal
amounts respectively as follows:
CITY COMMISSION
MEETING OF
MAR 2 9
ORDINANCE No.. /`
ls1 REAUING..•
I , i-
200 READING„