HomeMy WebLinkAboutItem #74 - First Reading Ordinance04 A*
ORDINANCE NO.
AN ORDINANCE OF THE CITY OF MIAMI,
FLORIDA, AUTHORIZING A BOND ELECTION TO BE
HELD ON NOVEMBER 8, 1988, WITH RESPECT TO THE
ISSUANCE OF (i) NOT TO EXCEED $40,000,000
STREET AND HIGHWAY IMPROVEMENT BONDS AND (ii)
NOT TO EXCEED $10,000,000 WATERFRONT
IMPROVEMENT BONDS, OF THE CITY OF MIAMI,
FLORIDA, AND THE LEVYING OF A TAX TO PAY THE
PRINCIPAL AND INTEREST THEREON; ESTABLISHING A
FORM OF THE NOTICE OF BOND ELECTION;
ESTABLISHING A FORM OF THE OFFICIAL BALLOT FOR
SAID ELECTION; AUTHORIZING CERTAIN OFFICIALS
OF THE CITY TO TAKE ACTIONS REQUIRED IN
CONNECTION THEREWITH; -AND PROVIDING AN EFFECTIVE
DATE.
BE IT ORDAINED BY THE COMX:SSION OF THE CITY OF
MIAMI, FLORIDA:
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SECTION 1. This Ordinance is enacted pursuant to
the Charter of The City of Miami, Florida, Chapter�Z66,
Florida Statutes, the Constitu�io� of the State of Florida
and other applicable provisions of the law.
SECTION 2. Notice, of the bond,elettion heretofor
called by Ordinance No. to be meld on Tuesday,
NOVEMBER 8, 1988, shall be published in two newspapers of
general circulation published on a daily basis in The City
of Miami, Florida, at least twice, once in the fifth week
and once in the third week prior to the week in which that
election is to be held, the date of the first publication in
each of said newspapers to be at least thirty days before
said election, which notice shall be substantially in the
following form:
NOTICE OF BOND ELECTION
to be held on
TUESDAY, NOVEMBER 8, 198U
in
THE CITY OF MIAMI, FLORIDA
As provided by Ordinance No. , duly adopted by the City
Commission of The City of Miami, Florida, on June 1988,
an election will be held on Tuesday,
NOVEMBER 8, 1988
For the purpose of submitting to the qualified
electors of The City of Miami, Florida, the following
questions:
(1) "Shall bonds of The City of Miami, Florida, in
an aggregate principal amount not exceeding
forty million dollars ($40,000,000) be issued
under the provisions of Ordinance No. for
the purpose of paying the costs of STREET AND
HIGHWAY IMPROVEMENTS in The City of Miami,
Florida, such bonds to be issued at one time
or from time to time, and to mature at such
time and in such amounts as shall be subse-
quently established by ordinance or resolution
of the City Commission, but in no event longer
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