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Home My WebLink AboutCC 1915-12-17 MinutesOURVED MEETING C. HEFTY 7 30 P.na,� CITY CtltJNCIi'�'�.Ii3AiC DEOEidBER 17, 1916, CALL ,,1,:, Rse ; n: , members Present: F. G. Erfert, F. H. Wharton, H. G. Ralston, Es 0, Rotni'h, L.T. 'g ileyn C. Hefty Me Chairman stated that the meeting is for the purpose of auotin* fg Miami 5% bonds and that Attorney A. J Rose would represent the of p Mr. Rose suggested that each series be auctioned off separately, that Railways be offered, the $50, 000 ,sewere and the 4360, 000 ohannela, or offered as a whole. tom, inr. Romfh:•The bias last night were on a basis of the Whole lot and 1 believeitiwo10 oe unfair to auction them off in job lots; they are biding on all or none and I think it woutl be better to offer them in one lot. All representativee'of the bond houses stated that Mr. Romfh's suggestion is in line.with their views, and that a bond house preferred an entire issue, and if separate auotion bids are to be received, they wanted more time to figure tht averages as each issue is of, different maturities. off,w#45O,QCQ of is, the 4440 that they •ooti t.iovel by L. T. Highleyman, seconded by F. G. Erfert, that the auction oover the entire 4450,000 bonds in one lot, the biduers to bid on a basis of Dollars premium. motion Barrie At the request of the Chairman, Attorney A. J. Rose anted as auctioneer and the first oall resulted in a bid of $3500 premium from Bolger, Mosser & Williaman; J. C. Mayer raised it to $3600; R. M. Grant & Co. 3650; Bolger, M. & W. 43800; J. C. Mayer .3900; R. M. Grant 44000; Bolger, m. & W. 4200; R. M. Grant 4225; Bolger,` M. & W. 4300; R. M. Grant 44345; Bolger, id. & W. 4400; h.,M. Grant 4425; Bolger, M. & W. 44500; yield Riohards & Co. 4600; Bolger, & W. 44700; the bidding continued from this point between Fieli, Richards and Co., and R. A. Grant & Co., the onn..house raising the other until Fieli, Richards & Co. offered 47350. premium and there being no further offers, after the usual culls, the auctioneer declared the bonds sold to Field, Rioharde & Co. at a premum of 47350. ALL BIDS ON BONDS AT 5°: REJECTi• D Councilman E. C. Romfh introduceu the following Resolution: PESOLUi I ON NO. 953 r-z# ,.e0 got.� - -} �-- Off , , -"4 A "'- te4- moved by rl. U. Holston, seconded by L. T. Highleyman, that Resolution No. 953 t)e adopted. On roll call all voted yes. r AV ME A210 Adjourned meeting of (=toil Friday December 1'4, Opuncilman E. C. Ronfh introduced the following rtobolUtion ts,. • ./,. RESOLUTIQ , *:•-i,#-'P;,,c•,, 4i;t-:.'..,,- ,...:;-, . „ .. 1,4, j ,d. • V . A RESOLUTION Agii/NO 40TION 1 LUTION NO. 9187 ProvIDNd PO, -THE Iwo 'OF $645,000. BONDS FOR PUBL1 .powyn- . =NTS UNDER SECTION 32 OF ITICCHIlitun, PASSED AND ADOPTED OTOBER 1, and API"' PROVED BY THE MAYOR OCTOBER 1 1915. In IT RESOLVED BY THE CITY °our= OF4TBE CITY OF ,41 MIAMI, FLORIDA: That Section 1 of Resolution No. 912, providing for the issue of $645,000. bonds for publio improvements, under Section 32 of the City Charter, paseed and adopted October 14th, 1915 and approved by the Mayor on October 16th, 1915, be amended so sa to read as follows: Section 1. That there be issued the negotiable coupon bonds of the City of Miami, Florida, in the aggregate amount of e645,000.00, in denominations of $1,000.00, numbered from four hundred one (401) to one thousand fortyp'pe (1045), both inclusive, which bonds shall bear date WOlinuary 1et,1916, and oarry interest at a rate not exceeding five and one-halS (5) per oentum per annum, payable semi-annually, on the first day of July and January of each year, suoh interest to be evi- denoed b7 coupons attached to said bonds, both principal and . interest to be payable in rid coin of the United StelDs, -of pr.,Asent etandard of weight and fineness at the United Stotes crt•a7e & Trust Con-Tanli in the Cit. of 7,--w 7r.lri. The definite interest rate of Aeid bond.; to be fixed by the city council_ by, res-lations which award the said bonds. Passed and adopted this 17th day of Deoember, 1915, Attee : President City ot-v-71„- City Clerk, Arrroved this 17th day of Deco er, 1915, Ar464,^9r, .1P7,"". :ayor, City of. Miami, Fla. .1. tttt t ov by 7. Homfh, seconded by L. T. Highleyman, that Resolution No. 954- be adopted as rea-. On roll call ail voted yes. ' ;, . ;,. , , . • 44 ' A kijOurned meeting ?4o0 t‘..o tied Councilman E. O. Romfh introdUoed the folio/lug reeolutiOn • RESOLUMN NO. 41. "Thereas, under resolution No. 912 of the City 0outoi1 of the City cf Viami, Florida, as amended by resolution of -aid oit7 oounoll, the oity oounoil is authorized to issue the municipal!. bon- 's of said city therein desoriPed'at t rate ofointerest not exceeding. five and ono half (5*)per oent.per annum, payablesemi-annually, as set forth in said resolution No. 912 and amendment thereto; and, Whereas,4444A141141114004410.". 44ttle ca.mit*S"ttide...1104.04PArglh*Alr.halKsid and offered to pay,406 • ioviv;•o0M-4004110..9" et.vak." for450,000. five per cent (5%) Municipal Improvement Bonds Lai% .r,41,- of the CV- of 1Hami, of aaid authorized issue of 045,000., 4"141440wVilefr,""" the sure oartr4400440.4414015:40MONVII4141,Y,0144pollars,060400„ • • cooloworig ow; 4.4: .4tu- Otle di - dodthwamw as shnn by the written prcrosal this day made to the City Now, Thcrefc.-7, :3s it resolved b: the City Council of the of Florids, Section 1. That the ,laid $450,000. Munioipal Improve - Tent 7on.ls shall carry intarast at the rate of five (5) per 7e-tun p?r annum, payable at the tie and in the mann3r set fcrth in -aid resolution M. :112, as amended by resolution No. • c'ectIon 2. That V.:,,,1 bid ofliff441401.04.1144544.428 47447400,71Tfiro.4!Pill;Jefor said 6450,000. five (5) per cent :,:unioipal Iaprovement 3 n:e aforesaid be, and the sme is, h,..7ety accepted and said bonds are hereby ] awardd to said044644"-A0-;44 a4.104,0041414074fer.;." 4.2..-4040...f,a' . Pa- ed and ated this 17th day of Deoember, 1915. . gn t Attest: PresideTit City Clrk AL.:roved this h d of eoember, 1915, Mayor, Cit of Liami, Florida. loveLl by :c4—fti, seonu,y L. . Hizilleylcan, that Resolution No. 95o be adopted roil CUll vote- yeti. ' * tz,vw , ,g,p5i4P -AM ,(g 4— •r. tvk • • A210 .14 Ad}4ourned meeting of oounoil Deoember 17, 1415. to The oity clerk presented his petty oaeh bills amounting to $281.S3 and on motion duly made and carried the 'auditor was instruoted to draw vciuoher a000rdingly. LIGHTS ALONG LAWRENCE DRIVE AND NORTH RIVER DIVE Petitions for lights along Lawrenoe Drive between 5th and igth Streete.ar4 Ortiz Ri`v.er Lrive from 5th to 8th were received and referred to thy' Strut 0ommitt soled Witb'`pg*ex ta• aot. STREET LIGHTS IN ?.SIRAMAR The Street Committeeman reported that he had investigated the question of the city paying a part of tne street lighting, bill in Miramar and reoomtiended that the city pay for 20 lights. Moved by E. C. Ro:..fh, seconded by L. T. Highleyman, that the street committeeman's report be accepted and that the city assume the expense of 20 street lights in Miramar. Motion oarrieu. PERMANENT PAVING LIENS COVERING FIRST PERMANENT PAVINu DISTRICT Councilmen Romfh states that these liens are ooming in very slowly and that the bode' issued to oover a part of the cost of the work, based on the liens, will be coming due in a few months and requestea that the oity attorney be instructed to notify the delinquents, giving; them 30 days notice. Inc pity attorney was so instructed and the clerk was also instructed to furnish the attorney with a list of the oustanding,over- due liens. Mr. Romfh also called attention to the fact that the County had not paid its share of tue permanent paving around the oourt house property. .4r. Hose statea that the commissioners had promised him to pay this. mr. Honfh thought it wight be well to putlieh the delinquents; that the liens oan be col:ecte., end reasonable at orneye' fees are allowed in addition. .:loved by:>;,. C. Homan, eeconuea by H. G. Ralston that a list of the delinquents be furnisnei the city attorney and he notify the property owners that they must arrange to take cure ox tue payr..ents, otherwise the city will take steps to enforoe collection. Motion carries. :r. 11:. is con eu` te,l of i erir. the balance of the 4Ei40, 000 bonds to tine succes ful, bia,er .r. stated teat tne oity must Keep witnin its 1Ueo dent limit in the ma .er of bonus an.1 tit it should rlso be .ieciaea how many of the bridge bonds it would be necessary for tn.: ci,y to sell; also that it would be unfair to offer adaitional city bonds until the bona houses have naa opportunity to dispose ox the 4oU,000 bpugpt to ni7lat and dia not tnirik it would be necesR.ary for the city wee.4 to wait as much as 90 lays to ~et tne mor_ty tor the oriages and sug estea that it mignt be wise to tue up '..��bri::._e question afLbr tilt first of the year 1,LALiY ; AXr. c ails f2r.ar. e co=itteeu,an suite sates tf«t the peeper be given not2::e to pub.zsli tee ..-..inquent tax lists for 1916 ana 1914, which was turned over for publication two or three oatt.a ado, ae tn: ut'ner:.l rur.a is aouut aepleted ana about g1b,000 or the privilege licensee are unpaid an.. the .'ayor should get busy witn tne police ana mate tat collecione. .ar. Nome requestea that the Chief make a systematic effort to collect Lc,_ rrivi.Le"t taxes for all pareies, also tne automobile taxes. _ova „y honun, seconded oy F. u . Errert, teat' council a. journ unti.., 7 30 Pit 191o. ..otion carries. Attest: Preeiaent 01ty 0ounoi.1. City Cler.K. •