HomeMy WebLinkAboutCC 1921-06-21 Minutesonk,:girplytf, Irc,-.40,*tit,A;1,tAr tgi
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:UNE 21, 1921,
CALLED ItiEFTINO OF THE CITY COMICIL/ CALIED TO 0111:MR 13? 011AIMIAn IA% 13"
AT 10.30 A. U.
Hon.J. T. Blackmon,
H. R. Chase,
E. T. UoLendon,
J. K. Fink,
E. Brady,
J. F. Chaille,
BF. Hunter.
Each of ycu arif hereby reque6ted to be prosellt
ut a -eeting oftl.e City C'uncito be held in the City Ouncil ,
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Chambers at tl,e City H... at 10.30 A.U. Teusday morning,'Jume alet, I$V.:
121, fcr t'ne eurpose cf ringlng up a matter regarding the pUrObase.it
the prceerty known as Elser Pier Property.
(Signed) W. P. pan
Uayor, City of Mimi,, .Florid.
L;e4.tify t
ccunci
Chief cf?olioe the City of Miami, F.orldeit,
nut I lave 3erved a copy of this call upilm
Cor1Qi1vran
Councilman
C..uncilman
0ut of the City
Out of the City
0ut of the City.
e trot yo.. nave repealed the f0X00,
resouton aothorizing oontract between us for tte-pOr
of Meer PiL.r.
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:tin* 21, 1521.
14110d Meeting.
-1 Eller Pier.
New oral, of sale.
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lovAmerrAu.A.A.).tiwn-,..-entwanrrtsmraveroor,....,0,1-4-mt.
We .e:eby make you a new afar to sell yap 2,
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Elser Pier f t he sum of One Hundred Se ven,/rivsThe4eati•
Doliara ($175,C00.00), in cash, aubjeot to all ,present elievW
int, leases, now on said property, provided that ;lane 04 atiokh'''
leastL .ads by ua for any portion of the ?ter property OoVore . ,
a perioe of time later than January let, 19200'envelet,inSthe
ereseat leaae now held by tee Dixie TrinepOrtatICYA400044Yi
fer dockingerivileees, whicb lease expires Apri i. 1922.
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tis written offer is subject to the -w ritten Os. -
fictal ac ,eptbne bi the City of !Aiwa within rive .days frit&
the date 'hereof, and such a cceptance by letter, addreeeed
to e ch of the era ere hereof.
Respectfully submitted,
L. "". HIGHLEYVAN
TRED W. ILAMWELL.
1.tr. Highleyman stated that if the City wanted toleaee the pier, they ?Mad offer
c1:,00. tht! C. ty's bende for the lease, providing the City is not going to tear
dawn the pier tefore neet Season.
City A ..orney: The., . be naturally an offer to eurchaee $175,000. bonie at
par and ,ocrut., Intereet, sub.ect,hoaever, to the sae extension of rebate as was
-iven te t le rei _reed uot.eany, whe.eby they ale reimbursed interest from the firzt
dey of Aeril.
D. F. Eueter: P.evleeu tee 0,ty acquires an income from the let day of April
T. Eienleyman: Teet es a dollar a eonth. I told you when I was here before that
tee eiet 3 its :eerie., euat aa the hotels hese- during the season4 You have tet'e
get 'he meeee eet tf .he pier during the eeason. They are paid up by the ist
of A.xi 1, other, .se yw1d ..ct cet the..oney.
D. P. Hur.tr: If ee are gong t_ pay intert on theee bones from the let•
t our ctually takinz .ossezision of the property frog that da
I maIntain, e trE cit: is gc tc pay that interest, that it shOuld Win eitte -
er_portit net e rate pa. t of t..e incoee.
ler.Eiehleeean: T e beat offer I haee on those bonea 94$ Tha.t is
cen ral cceeit es. * * leaxeell did not want to go through tith
11 tc agre • to it.
is 3 Lose of elO,C.:70. on t,-cse ben.ls, on account of tt e CO ndi t
_trk.-!-.. W. cs..'1, d 1,ave :oten 98 tie tiee last year.
. Euntee: I te n it is eerfeetly all rtght to carry out the deal M
2.C175,CC. b,. Jo
Oa 00i4e
that deal,
OfebOrd
City Attorney: We Gould nct arraeee this matter at present, beceleae 1;1)00' 44"4--,
4 cc cilc..en et tee ee tine, to go through with anything regardine;
T-1s in t..e nature of a private sale, and it watill require t 0000;
tc e,caL.ant and tLee are eot five in t he city at present, TherefOre
g, threeee w.te at er_eent.
B. . Hunter:
Is it n.,t true that we could receive such an offerl
tk„, t. •
e_ty et toeaey : but it c.0 d not be acted upon. • • *The
1" eeeh.
. zee: t ; ..e ahe......1 take any actin eegaed 411e '040.011;t02,
unti1“:" U .t: frr,... them.
C.ty
A o:rey: I ht.v that here:
Tee C :hereu.e_n feed
Tc the E .-erable Uayor
add City Ceenei ,
Ceit f Florida.
C'e r. t leer.
t he fo flowing
Miami,
'rbef_er to purohas
Flovila, 11754000.0C, t:f yuur
t:t issue validated June 2itth,
e,Ceeeeeee
une gi,
1 dd medtin
te.e teekee`.,e'eeee.e.e='e.e'
W1.1.11.14..1,44.in.0444noiagawymeta...,,,,......1.1.0,41...1,111.2.114..SIA
Purchase of Ebeer Pier. Offer to buy pooti*
We offer to pay you par plue aoorued interest
te the date of delivery for the same.
We shall expeot the bonds to be duly approved
as aedbinding obligations oftthe City by O. H.
Bending attorney, of 115 Recadway, Hew York.
Reseectfully yours,
L. T. RIGHLEYEAN.
TREE. W.I1AXWELL.
B. Hunter: How about income froe theunexpi_ed leaaes= You willget them from the
let day of A-ril?
L. T. Eiehleyman: I made a erodoe.tien lelt fall that we would turn the dim over
Aeri: tee :at, .:21, yoe to get the ieceme froe Aril the 1st. 1 explained then that
etth the exceetice of the Eixic Teanseortation Co., they paid up all rents befa e
April the lst--puyie_ 21. a ment:. for the balanee cf the year
Fie. W. Maxwell heee steted :hat 2110C.C:,alvance rent for 6 zonths, had been o011ect
ed free the E.xi Transportation Co., on /tett 1 1st last. -- This, Ky. Highleyten
otate1 weele Helms te City.
L. T. Eighleyman: If y went te, ieax all will pay 215,000. for the lease,and
take iver t'ree eler anti the 1st ef rext Ape.l.
E, R. Rueter: Me. HIghleyman, it seems t me at the teat .lan, on account of the
tl,CO cete feat_ e, 16 t. eeke the ele.le transactien date from the effectiveness
ti tree:.cti_n.
L. T.Eieeleyman: I eon't de aeyteing ef t:.e kind. I made my bargain heee with you, a
I a.ei.line t ,e-t. It is not my fault that yee did not take alter thepier
ist of A. ril. Ey brain ia iron the 1st of Aeril. I don't want any
treuble wit t 0.ty cf espeeially eew.
B. F. H-nter: i&,eJeolle tier, is Ceaeoik ineereed yee that they =Lad not require
the eie. Cefoe: Aerl eee lat.
1.!r. Highleyman ane Hunter lad some further discus iee le the matter, 1Lx. Hunter
centinuiee t. state t:Ast :h. C.t; sheu.e Lave ero-rate share of the rents, and Me4
El_hleyean :net i.. C.ty ned taken over theeier oe tee let of April there '
w_uld ee fli 1.per meeth reet comint; .L te them. Ur. Hunter held that the OM
c,eld eeve ,ade 1ts lea ea froete lat of April.
L. Lae11:If the City will e:ve re a leaae from Aril the lst, 1921.4022Pril
1:22, I will eay 217,09C. ane take cvee all leases theree..n.
Hente : If 11e. eseeeel: will meke hls ef:er in oritlne, it will be agree dok$ *o me
-- teis le .:at t e ,iee ia worth.
•llax_ell: It cc ;t ee 217,CCfl. tc "18,000. to put that pier in conditito to 114*te
a...el. tele ye-r the wil: peobably be as e-eh mole to be spent, I think 215M0,:t0e
a ve. ,riee.
eeri:
B. le.inter: 7:e have .ive days ee this, and I don't tbLnk we should aot
C.t_ Attorney T..e
_Le _the' e a
Elser Piee, s, as te
tonde fer erceeity-
ree:y 1.1 eeer_ve. e.
ee..v.
A.. t .ee
bende.
The 21,CCC, :C. eee
eettee 1:e2.0.-.. wit.. refeene et the bone is OM
_et:ne a,,cielly t. rescind Reeclutien Nc. '
re.c e cf that defect, whereby we agreed S--'44.i*
eiteati.-will now ee %he 21,000,000. bendOnA.e,
eill be t500,000 still tO *4:
the 2tb, .e Jae meke eeranemeate for the sale 04
be ae.reve, .all right, I telek,
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E. . Rueter: H is ei leee ebeet tees the.1.f they," oan sal: thd
elec.:et b.e.e, t 18 eeth..1.,; but ceeleg to ae understanding regar4ng'_..'
th.e.shed ,ut. Tee „roeositlee Ue. eax.e.ill has made , te lease tlutAftr:
of ,ter,1 10;, will solve the whcle problem if it is a prepee lease' .01:,:t
is fair to the C.ty as te the;, I dcn't feel justified 14
meening, not bein: aufficiently inforb.e4 as t values, It 4aAt
submid his affer in writtLe eee Ae o.o cetera -ins acouv it 404.-
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=BE
Pr79T.nrm717.11,$
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ed meeting.
Mr. Blackmon: As Ur. McLendon 1411 nt be in tOen next W
to meet Thursday n].6ht.next week. ,
B. R . Hunter. TLe offer of purohaeew will not be eft °Wei, 14404';',P0*pa
to.,rether on the final details of settlement.
Move 3 by H. R. Chane, seannded by B. R. Hunter, that the offOX'Of Meeare.':
aI Maxfiell to se. to the City of Unmi the property known we'rlearPter
sum of $175,000. in cash, be accepted and filed, and that 04.°1-W03,04(
ed to nc,tify both Mr. Highleymen and Ur. 14ax140.1 in writing of .1.4ii40,600
carried.
Moved by H. R. CLale, seconded by B. R.Hunter, that tne offer tn:.purehape,
11177,CCO. of the 01,5C0;000.issue of bonds, at par, plus acorUsdlatoiieW
of delvdr, be .eceived an.1 filej for further consideration by 5/7 ITudruM
City Council.
L,einer. usinass to come befo.e the Co
6 c_n usly oari.1.4d, Council adjGurned
T.
keine
ATTTT:
ty 4.4
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