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HomeMy WebLinkAboutR-00444• a A RESOLUTION PR07InIAa TOR THE t�i. 90III5S, $!R!!S T, DATED .T r, 1922. WHEREAS, prior to the coming in force of the preeeflt City Charter, the City Council of the City of Miami had passed resolutions ordering local improvements vender Section 26 of the former legislative charter, and the City Commission has heretofore passed resolutions ordering other local improvements under Section 56 of the present City Charter, whioh resolutions were thereafter duly oonfirmed by the governing body of the City after advertisement published in accordance with the charter then in force and after due hearing; and WHEREAS, they City! Engineer and the City Manager duly filed their estimates prior to the publication of such notices, of the cost of each of said improvements and of the incidental expenses thereunto appertaining; and WHEREAS, contracts have been duly let after publio advertisement for the construction of certain of the said improvements, and the improvements so contracted for have been oompleted, and WHEREAS, no oontracts have been let for the construction of certain others of the said improvements; and WHEREAS the following is a list of the improvements hereinabove referred to, and of the resolutions authorizing the same, and of the dates of confirmation of said resolutions, with the amounts of said engineer's and City Manager's estimates as to the coat of the work and as to the amount of the incidentals together with the amounts of the contract prices computed by the Engineer and confirmed by the governing body in all oases in which contracts have been let: "DOCUMENT INDEX ITEM NO. "SUPPORTIVE DOCUMENTS FOLLOW" Imp. 6.8.31 8.9.32 S.8.33 5.6.34 6.6.35 S.5.36 8.9.37 8.5.38 S.S.39 6.6.40 Rea. 15408 15418 1542B 1543E 1544E 1645E 1546E 15478 15488 1549E S.S.41 220 6.6.42 221 S.S.43 222 S.S.44 223 S.S.45 224 S.S.46 225 S.S.47 228 S.S.48 227 S.S.49 228 S.S.50 229 S.S.51 230 S.S.52 231 S.S.53 232 S.S.54 233 S.S.55 234 H-150 H-151 H-152 H-15 3 H-154 H-155 H-156 H-157 H-158 H-159 H-160 H-161 H-162 H-18 3 H-16 4 H-165 11-166 H-167 H-168 H-169 H-170 H-171 H-172 H-17 3 H-174 H-175 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 H-176 261 H-177 262 H-178 283 H-179 264 "SUR,2Ti' DOCttNTS FOLLOW" Date 0onfipeed April 14, • 13, 1922 • • • n • • • x • n • • • • • x • x • • • • • x • 1 • May n t Pries 1*p. Iaof t&3 .2548.25 1006.64 33761.80 3269.70 15034.42 11500.19 7480.61 5309.26 61477.19 2139.00 $2 54.83 100.E1b 3378.16 16212410 326.97 1693.663 1503.44 3511.18 1150.01 4439.53 748.06 3900.76 530.92 2885.80 6147.72 32948.71 213.90 970.14 City Mgr. Eat. Total Est. Coat and Imp. Incidantalslao. Ezjflae Prop- arty 24488.75 3660.30 3213.00 3364.00 12361.98 430.20 4191.b5 725.34 7824.11 3393.36 23643.48 1843.00 2207.82 6219.25 1544.29 26600.00 5523.60 16000.00 4873.25 7000.00 8956.31 8865.53 9265.71 8455.00 20842.26 11003.60 26082.00 2880.38 29 385.00 23775.00 9578.07 7041.65 6749.65 6180.00 9555.70 8958.95 9041.09 4500.00 23140.00 5175.00 3683.90 7070.89 6163.85 5484.73 8516.80 8451.30 1246 6. 52 10444.8 117 31.58 2448.87 336.03 321.30 336.40 1238.20 4302 419.1b 72.53 782.41 339.33 2364.35 184.30 220.78 621.93 154.43 28937.62 4028.33 3534.30 3700.40 13598.16 473.22 4610.70 797.87 8606.62 3732..69 26007.83 2027.30 2428.60 6841.18 1698.72 Total Eet.Coat and Inc. Expense 2650.00 29150.00 552.36 6075.96 1600.00 17600.00 487.32 5360.57 700.00 7700.00 895.63 9851.94 886.55 9752.08 926.57 10192.28 845.50 9300.50 2084.22 22926.48 1100.38 12103.96 2608.20 28690.20 288.03 3168.41 2938.50 32323.50 2377.50 26152.50 957.80 10535.87 704.16 7745.81 674.96 7424.51 618.00 6798.00 955.57 10511.27 895.89 9854.84 904.10 9945.19 450.00 4950.00 2314.00 25454.00 517.50 5692.50 368.39 4052.29 707.08 7777.97 616.38 6780.23 548.47 6033.20 851.68 9368.48 845.13 19298. 413r 1C44.48 11489 .28 1173.15 12904.73 0 Date Eng. Est. 7415$1. EatiC091 Im . ides. Confirmed Im . Inoidentalr and InQ4; Ezpsnee .. ay , . H-185 275 N N N 9809.90 980.99 10790.89 H-188 278 N N N 9500.40 950.04 10450.44 H-187 277 N N N 8263.50 826.35 9089.85 H-188 278 N N * 10624.50 1082.45 11686.95 Sk.33 279 June 13, 1922 39407.25 3940.72 43347.9? Sk . 34 280 * N N 6641.25 664.12 7305.37 Sk.35 281 N N N 1932.00 193.20 2125.20 6k.38 282 N * N 1700.00 170.00 1870.00 and, WHEREAS, that part of the cost of said sanitary improvements, being improvements thirty-one (31) to forty (40) inclusive, which has heretofore been assessed upon abutting property, is sixty seven'thousand three hundred and 51/100 dollars (67,300.51); and WHEREAS, that part of the cost tbf said sanitary improvements, being improvements forty-one (41) to fifty-five (55) inclusive, which is to be assessed upon abutting property, has been and is estimated by the Commission to be one hundred nine thousand and twenty-one and 46/100 ($109,021.46) dollars, and, WHEREAS, prior to the confirmation of each of the said resolutions providing for sanitary improvements, being resolutions 1540B, to 1549E inclusive, and resolutions 220 to 233 inclusive, either the City Auditor duly certified .to the City Council in writing, or after the new Charter came in force the City Manager duly certified to the Commission in writing, that sufficient funds were in the City Treasury applicable to and sufficient for the payment of the City's ehare of the cost of said sanitary sewer improvements, or that a sufficient amount of bonds had been voted by the electors qualified to vote thereon, as provided in the City Charter, the proceeds of which bonds might be used to pay the City's share; and w!EREA`', no assessments heretofore made for any of the said improvements have been pledged or applied to the "SUPPORTIVE of any bonds, contracts or other obligations, and all DOCUM E*T'f are subject to be pledged to the payment of the bonds FOLL.OA' oe authorized in this resolution, and • f WHEREAS, there has heretofore been paid from the General Fund upon said contract designated Sanitary Sewers thirty-one (31) to forty (40) inclusive, and, WHEREAS, there has heretofore been paid from the General l t Fund ,� ©� t� for the property owner's part of the incidental expenses upon the said contract for the improvement designated Sanitary Sewers thirty-one (31) to forty (40) inclusive, and, WHEREAS, the actual cost of work completed has in no case been less than the contract prioe therefor as hereinabove recited, and, WHEREAS, the cost of the incidentals in connection with completed improvements has in no case been less than the engineer's estimate of such coat of incidentals; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI: Section 1. That in order tc pay a part of the cost of all of said improvements and of the incidental expenses, and to reim- burse the City funds above mentioned from which a portion of such coat has been paid, but not to pay any greater part of the cost of said Sanitary Sewer improvements than the amount above stated as having been assessed upon abutting property therefor, or being about to be assessed, there shall be issued negotiable ooupon bonds of the City of Miami in the aggregate amount of six hundred ninety-five thousand (A695,000.00) dollars, the rroceeds of which shall be api lied to the said improvements, either in the payment of the cost thereof, or in such reimbursement of City funds, in proportion to the amount now .set over ugainot the followin;; list of said improvements: Improvement: Amount: .5.. 31 g570. 10 (-.;'. 32 369,80 S. ` . 33 16212.86 S.S. 34 1593.63 ii t �)�Ja���, 35 3611.16 S ,,.3. 36 4439.53 DOCUMEMT;) 37 3900. 78 Vvlt `�.`�. 38 '3695.P.0 FOLLOW .S. 39 32946.71 970.14 r.S. 40 • • $ Imrbvement : S►s. 41 5.8, 42 S.S. 43 8.S, 44 S.S. 45 S.S. 46 S.S. 47 B.S. 48 S.S. 49 S ► S , 5b S.S. 51 S.S. 52 S.S. 53 S.S. 54 S.S. 56 H-150 11-151 H-152 H-15 3 H-154 H-155 H-15 6 H-157 H-158 H-159 H-160 H-161 H-16 2 H-163 H-164 H-16 5 H-166 H-167 H-168 H-169 H-170 H-171 H-172 H-173 H-174 H-175 H-17 6 H-177 H-178 H-179 H-180 H-181 H-182 H-183 H-184 H-185 H-186 H-187 H-188 Sk 33 Sk 34 k 35 SX 36 ti e( Qn 2. TtiAt Gad. d Arab:Wit $289 37.62 4026.33 3534.30 3700.40 13598.18 473.22 4610.70 797.87 8606.52 3732.69 26007.83 2027.30 2428.60 6841.18 1698.72 29150.00 6075.96 17600.00 5360.57 7700.00 9851.94 9752.08 10192.28 9300.50 22926.48 12103.96 28690.20 3168.41 32323.50 26152.50 10535.87 7745.81 7424.61 6798.00 10511.27 9854.84 9945.19 4950.00 25454.00 5692.50 4052.29 7777.97 6780.23 6033.20 9368.48 9296.43 13713.17 11489.28 12904.73 12104. 40 10790.89 10450.44 9089.85 11686.5 43347,97 7305,37 2125.'0 1870,00, banes shall be=enomixated Series T, and eba11 be dated July 1, 19y3, and $hall caneiet "SUPPORTIVE DOCUMENTS FOLLOW" ti 69.5 bonds of #1,000 each, numbered from 1216 to ,....._1910 , both inclusive, and bear interest at five and one-half per centum per annum, payable semi-annually on the first days of January and July of each year upon the presentation of coupons to be attached to said bonds, both principal and interest to be payable in sold coin of the United States of the present standard of weight and fineness at the United States Mortgage & Trust Company in the City of New York. Section 3. That the said bonds shall mature, without option of prior payment, on July 1 annually as follows: 890,000.0C 1924, 850,000.00 1925, P90,000.00 1926, 870,000.00 1927, *10,000.00 1928, t8O,coc.o0 1929, 890,000.00 1.930, 8100,000 1931, and t115,000.0C 1932, in the order of their numera, lowest numbers first. t ection 4. That said bonds shall be signed by the Mayor and City Clerk and attested by the Pirector of Finance, and sealed with the City seal, and the coupon; annexed thereto shall be signed by said Clerk, whore si7nature znay be in facsimile; and the form of said bonds shall be in accordance with the form provided by resolution No. 53, passed October 11, 1921. Sectio n 5. That the principal and interest of all special assessments levied for the improvements hereinabove mentioned, shall be p1::eed in a special fund which is hereby created, to be known as "`;lecial As .es;:rent 'j; Fund", and said fund :an.: :t:id Ws: es:: iert shall be used for no other purpose than for the payment of the princil.:.:.1 and interest of the bonds herein d,uthorized. `?ecticn 6, That notwithetsndin the foregoinG pro- vlsions for the seE.;rega.tiQn of special assessments for the payment ent of the bonds be 'mi.n authorized and interest, the principal an i intereLt "SUPPORTIVE DOCU DUI ENTS FOLLOW" of said bonds shall be payable from general taxation Ei4 upon all the taxable property of the Oity of Masa) se provided by Section 56 of the charter now in force, and provision for -such levy shall be made in each year while the bonds herein authorized shall be outstanding. Section 7. The Director of Finance is authorized to call for sealed bids for said bonds, to be received until 10 'clock a.m. July 18th, 1922, by publication once in the Miami Herald, published in Miami, and in the Daily Bond Buyer, a financial newspaper published in New York City, both publica- tions to .ce made at least ten dayG before said date for receiving bids of a notice which may be in substantially the following form: g 69510c0.00 CITYU MIAMI, FLOInPAs 5Y/1 ld Bonds. ealed hit will be received by the City Commission aldref;sed to the unierned anj marked "Proposal for bonds" until 10L, ock a.m. July 18-,h, 1922, for 695,000.00 Improvement Bond of the City of 7liami, dated July 1, 1922, - maturing 90,CO0 1924; 150,000, 1925; ',90,000, 1926; 170,000, 1927; *10,000, 1928; 80,000, 1929; fr.90,000, 1930; 100,000 1931; P115,000, 1932. Principal and interest .17ri.,Van J 1) payable in in New York, denomination ,1,000, not registrable. Purpose, street, 6i-iewaik zini sewer improvement. General City obligation, payable from unlimited iv lorem ti_x levy. bond;2 will be 1;repred under the supervision of the 'Jnitod t..te!Iortgae & Trat Comy,any, New York City, which will certify aE-, tc te 2enuineness of the t.;inaturea of the the ;:eal impreea tereon. L1tty will he 1-roved by Chaster 3. 4ch, 7squire, New Yc;k City, who!-:e a p•ovin opinion will be furnished the purehaser without charge. mtrit be upon printed fo, to he furnished by tbo '4;Wersinea Or said Tru't Comlany, anl be a""ttiPPORTIVE DOCUMENTS FOLLOW" Oi0Ot tide uktia 01 and iftteroat wil.1 tbt intetiaihe ivery of bonds about Julya5,, 1922 in New York Oi0) Or; at ohaserfs expense) at plaoe of his choice, The right-torel,ot or all bids is reeervedi Dimcto tit inexie That at the time so fixed. for ther ids a. ,Meeting ofHthe Commission shall be held 'consider the Same. A.11D ApOrrE this 27th ctay of