HomeMy WebLinkAboutO-081772
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ORDINANCE NO. 8177
AN ORDINANCE SETTING FORTH A PROPOSED
CHARTER AMENDMENT BY AMENDING SECTION
58(b) OF. THE CHARTER OF THE CITY OF
MIAMI TO PROVIDE THE DELETION OF THE
6/ MAXIMUM INTEREST AND SUBSTITUTING A
MAXIMUM"INTEREST NOT TO EXCEED THE
RATE PROVIDED FOR IN THE STATUTES OF
THE STATE OF FLORIDA' TO DELETE THE
REQUIREMENT THAT TITS"PRINCIPAL AND INTEREST
BE PAYABLE IN GOLD COIN"AND SUBSTITUTING
THEREFOR"LEGAL TENDER OF THE UNITED
STATES AND SUBMITTING THE PROPOSED
CHARTER AMENDMENT TO THE ELECTORS OF THE
CITY OF MIAMI AT THE GENERAL MUNICIPAL
ELECTION ON NOVEMBER 6, 1973; PROVIDING
THAT THIS PROPOSED CHARTER AMENDMENT
SHALL BE REFERRED TO AS PROPOSED CHARTER
AMENDMENT NUMBER 4, REPEALING ALL
ORDINANCES, CODE SECTIONS OR PARTS
THEREOF IN CONFLICT, INSOFAR AS THEY
ARE IN CONFLICT; CONTAINING A SEVERABILITY
PROVISION; DECLARING THIS ORDINANCE TO BE
AN EMERGENCY MEASURE; DISPENSING WITH
THE REQUIREMENT OF READING THE SAME ON
TWO SEPARATE DAYS BY A VOTE OF NOT LESS
THAN FOUR -FIFTHS OF THE MEMBERS OF THE
COMMISSION.
WHEREAS, the maximum interest rate for bonds
of the City of Miami is prescribed by the Statutes of the
State of Florida;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION
OF THE CITY OF MIAMI, FLORIDA:
Section 1. The City Commission of the City of
Miami hereby submits the following proposed charter amendment
for submission to the electors of the City of Miami at the
general municipal election on November 6, 1973; said
provision to become effective December 1, 1973:
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CHARTER AMENDMENT NO. 4
Section 58(b) of the City of Miami Charter,
Chapter 10847, Special Acts, taws of Florida, 1925, as
amended or supplemented, is hereby amended by deleting
Section 58(b) in its entirety and substituting a new
Section 58(b) to read as follows:
"(b) Denomination; interest; maturity. -
Said bonds shall be in such denomination
as the ordinance shall prescribe and
shall bear interest not to exceed the
rate provided for in the
Statutes of the State of Florida,
both principal and interest to be payable
in legal tender of the United States,
at some bank or trust company in the
State of Florida or in any other state
that may be provided in said ordinance.
The principal of such bonds to be due and
payable at such time or times, not
exceeding thirty (30) years from the date
thereof, as the c:.ty commission may, in
said ordinance, determine, but not longer
than the probable'life of any improvement
for which the same are issued, as estimated
by the city commission and declared in
such ordinance."
Section 2. The proper city officials are instructed
and directed to take the actions necessary for the submission
of this proposed charter amendment to the electors of the
City of Miami by placing it on the ballot as CHARTER AMENDMENT
NO. 4 in substantially the following form:
Shall Section 58(b) of the Charter of the
City of Miami be amended by deleting the
requirement of 6/ maximum interest and sub-
stituting a maximum"interest not to exceed
the rate provided for in the Statutes of the
State of Florida"and deleting the requirement
that the"principal and interest be payable
in gold coin"and substituting therefor"legal
tender of the United States,"as more fully
set forth in Ordinance No. 8177
dated July 26, 1973?
Section 3. All ordinances, code sections or
parts thereof in conflict herewith, insofar as they are in
conflict, are hereby repealed.
6 -2-
Section 4. If any section, sentence, clause, phrase,
or word of this ordinance is for any reason held or declared
to be unconstitutional, inoperative, or void, such holding
or invalidity shall not affect the remaining portions of
this ordinance; and it shall be construed to have been the
intent of the Commission of the City of Miami to pass this
ordinance without such unconstitutional, invalid, or
inoperative part therein; and the remainder of this ordinance,
after the exclusion of such part or parts, shall be deemed
and held to be valid as if such parts had not been included
therein.
Section 5. This ordinance is hereby declared to
be an emergency measure on the ground of urgent public need
for the preservation of peace, health, safety and property
in the City of Miami.
Section 6. The requirement of reading this ordinance
in two separate days is hereby dispensed with by a vote of
not less than four -fifths of the members of the City Commission.
PASSED AND ADOPTED BY TITLE ONLY this
day of July , 1973.
H.D. SOUTHERN
CITY CLERK
26th
MAURICE A. FERRE
MAYOR
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36
MIAMI Rev!tvl
AND DAILY IRECORL
Published Daily except Saturday, Sunday and
Legal Holidays
Miami, Dade County, Florida.
STATE OF FLORIDA
COUNTY OF DADS
Before the undersigned authority personalty ap-
peared Ruth Matter, who on oath says that site is
Assistant to the Publisher of the Miami Review end
Daily Record, a daily (except Saturday, Sunday and
Legal Holidays) newspaper published et Miami In
Dadver-
tisement, County,
Legal tAdverrtis mentcoryNoticevIn
the matter of Adoption of Ordinance ;Jo. 8177
Re: Proposes Charter Amendment
Section 58 (b) Concerning
Deletion of G;'i Maximum Interest,
etc
in the XXX Court,
was published in said newspaper In the Issues of
Aurjust It 1973
Afflant further says that the said Miami Review
and Daily Record Is a newspaper published at Miami.
in said Dade County, Florida, and that the said news-
_ paper has heretofore been continuously published in
said Dade County Florida, each day (except Saturday,
Sunday and Legal Holidays) and has been entered as
second class mail matter at the post office in Miami,
in said Dade County, Florida, for a period of one year
next preceding the first publication of the attached
copy of advertisement; and afflant further says that
she has neither paid nor promised any person, firm
or corporation any di -. •••. te, commission or
refund for the ppur is advertisement
for publication in e s Maws • ap
' 1 / 4
Sworn t and (s1ubscribed before Me this
e
St di of ...:. ^rAucaust , A:D.;19 73
"arjor)e Y. Smith
• No P tblfei State of. Florida et Large.
(SEAL) '
My Commission expires September 1, 1973.
CITY OF `iIAMi.
MADE COUNTY, FLORIDA
LEGAL NOTICE
All Jntere?fed will take notice
that on the 2dth clay of July,
1672 the Commission of the City
Cif ryllami, Finrk!a adopted an
ordinance entitled —
AN ORDINANCE SETTING
FORTH A PROPOSED
CHARTER AMENDMENT
tBY A:\MENDING SECTION
r•P(b) OF THE CHARTER
OF THE CITY OF MIASII
TO PROVIDE THE DELE-
TION 'OF THE 6'I N1AXI-
MUM INTEREST AND Si'B-
ST]TUTING A MAXIMUM
"INTEREST NOT TO EX-
CEED THE RATE PRO-
VIDED FOR iN THE STAT-
UTES OF THE STATE OF
FLORIDA." TO DELETE
THE REQUIRE\LENT THAT
THE "PRINCIPAL. AND
INTEREST BE PAYALLE
IN COLD COIN" AND SUP-
S TITUTING THEREFC1R
"LEGAL TENDER OF THE,
.UNITED STATES"; AND
SUBMITTING THE ITC.
POSED CHARTER A ENr-
JVIE.NT TO Z't1E. t ELEC-
TORS OF THE CITY OF
MIAMI AT THE GENERAL
MUNICIPAL ELECTION ON
NOVEMBER 6. )973: PRo-
VIDING THAT THIS P:;O-
PL. ED CHARTER A?J 1:N')-
MENT SHALL BE RE-
FE:RE1m TO AS PROPOSED
CHARTER AMENDMENT
NUMBER 4. REPEALING
ALL ORDINANCES, CODE
SECTIONS O R PARTS
THEREOF IN CONFLICT.
INSOFAR AS THEY ARE IN
CONFLICT: CONTAINING A
SEVERABILITY PR O V I-
SIC.N: DECLARING THIS
ORDINANCE TO BE •AN
EMERGENCY 'MEASURE:
DISPENSING WITH THE
REQUIREMENT OF READ-
ING THE SAME ON TWO
SEPARATE DAYS BY A
VOTE OF NOT LESS THAN
FOUR -FIFTHS OF THE
MEMBERS OF THE COM-
MISSION.
wilic•h is designated Ordinance
b177.
N D SOUTHERN
CITY CLERK
CITY OF
MIAMI, FLORIDA
Pub!irnti:m of this no'i(•e c.
he Ist day (a August. Ilea
Ad. N.,. 7112r
LEGAL NOTICE
All interested will take notice that on the 26th day of
July,1973 the Commission of the City of Miami,Florida adopted
an ordinance entitled
AN ORDINANCE SETTING FORTH A PROPOSED
CHARTER AMENDMENT BY AMENDING SECTION
58 (h) OF THE CfLARTER OF THE CITY OF
MIAi42 TO PROVIDE THE DELETION OF THE
6i% MAXIMUM INTEREST AND SUBSTITUTING A
i•I?.XIHUM"INTER EST NOT TO EXCEED THE
RATE PROVIDED FOR IN THE STATUTES OF
THE STATE OF FLORIDA TO DELETE THE
REQUIREMENT THAT THE "PRINCIPAL AND INTEREST
BE PAYABLE IN GOLD COI N "ACID SUBSTITUTING
TiiEREFOR"LEGAL TENDER OF THE UNITED
STATES AND SUBMITTING TEE PROPOSED
CHARTER AMENDMENT TO THE ELECTORS OF THE
CITY OF ML\NI AT THE GENERAL MUNICIPAL
ELECTION ON NOVEMBER 6, 1973; PROVIDING
THAT TIiIS PROPOSED CHARTER AMENDMENT
SHALL BE REFERRED TO AS PROPOSED CHARTER
AMENDMENT NUMBER 4, REPEALING ALL
ORDINANCES, CODE SECTIONS OR PARTS
THEREOF IN CONFLICT, INSOFAR AS THEY
ARE IN CONFLICT; CONTAINING A SEVERABILITIY
PROVISION; DECLARING THIS ORDINANCE TO BE
AN EMERGENCY MEASURE; DISPENSING WITH
THIE REQUIREMENT OF READING THE SAME ON
TWO SEPARATE DAYS BY A VOTE OF NOT LESS
THAN FOUR -FIFTHS OF THE MEMBERS OF THE
COMMISSION.
which is designated Ordinance No. 8177.
H D SOUTHERN
CITY CLERK
CITY OF MIAMI,FLORIDA
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7/23/73
ORDINANCE :NO. 2/77
AN ORDINANCE SETTING FORTH :A ,,P0?OSD
(2HART'ER ,_24E�iD'?E`iT BY AMENDING SECTION
53 (;) OF HE c:L i'. LER OF 777 =IT 07
MIAMI
'i P_ Tr"' T= DELETION OF T-E
IA:;_I:•!C M INTEREST AND :,i;3STITTJTI:•TG A
THE
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'!,�::5!G.�l I`iTER.LS7 `;O �T '+ 0 _^:��,iLrD T--
PROVIDED ._'O7 IN THE STATUTES OF
r, -' 3 T� `T ;� FLORIDA
? T D 'T E E T•E•
I:...� J 1 ..., OF L Lv 1J� O DELETE L��
REQUIREMENT T:L;T T- E P;?INCIt'AL AND INTEREST
BE PAYABLE 3LE IN GOLD COIN 'AND SUBSTITUTING
T En ' r^ T N E T
IE:Z_,,: OR Ls?,�:.?L � _iDLR OF THE UNITED
STATES ; AND SUBMITTING THE PROPOSED
CHARTER AMENDMENT TO THE ELECTORS OF THE
CITY OF •lI_AMI AT THE GENERAL MUNICIPAL
ELECTION ON NOVEMBER 6, 1073; PROVIDING
THAT THIS PROPOSED CHARTER AMENDMENT
SHALL BE REFERRED TO AS PROPOSED CHARTER
AMENDMENT NUMBER 4, REPEALING ALL
ORDINANCES, CODE SECTIONS OR PARTS
THEREOF IN CONFLICT, INSOFAR AS THEY
ARE IN CONFLICT; CONTAINING A SEVERA3ILITY
PROVISION; DECLARING THIS ORDINANCE TO BE
AN EMERGENCY MEASURE; DISPENSING WITH
THE REQUIREMENT OF READING THE SAME ON
TO SEPARATE DAYS BY A VOTE OF NOT LESS
THAN FOUR -FIFTHS OF THE MEMBERS OF THE
COYMTSS I O`T.
WHEREAS, the maximum interest rate -For bonds
of the City of Miami is pr': j 0_r i bed by the Saute s of tiles
State of Florida;
NOW, THEREFORE, , BE IT ORDAINED BY THE COMMISSION
OF THE CITY OF I=I, FLORIDA:
Section 1. The City Commission of the City of
- -r Nia:ni i:areby submits the following proposed charter amendment
:Thr b:'ti:!on to the electors of th a City of i"liami at the
er;:t1 rlunicipal ,_lection on r.;ovember 6, 1073; said
!on .:o Liecome effecti •a December 1, 1973:
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Section ei Ye) the
Chapter 1(-C347 , ::ial .. - 10 as
i t b--e_1de'u 1
amended or au�ol i:�en��a, ._-. ..__ _ �.. .��.� �y deleting
Section 3 3 (b) in i:. -.) wirer Y and j'_l J'.-tUti 'y a :l: w
Section 3d (.)) to read as follows:
(b)
Denomination; interest; maturity. -
Said bonds shall be in such denomination
as the ordinance s_-:a11 prescribe and
shall bear interest not to exceed the
rate provided for in
Statutes of the State of Florida,
both principal and interest to be payable
in legal tender of the united States,
at some bank or trust company in the
State of Florida or in any other state
that l^,av be provided in said ordinance.
The nrincioal of such bonds to be due and
payable at such time or times, not
exceeding thirty (30) years from the date
thereof, as the city commission may, in
said ordinance, determine, but not longer
than the rcbable life of any improvement
for which the same are issued, as estimated
by the city commission and declared in
ouch ordinance."
Section 2. The proper city officials are instructed
and directed to take the actions necessary for the submission
of this proposed cnarter amendment to th72 electors of the
City of Miami by placing it on the ballot as CHARTER AMENDMENT
NO. 4 in substantially the following form:
Shall Section 53 (b) of the Charter of the
City of Miami be amended by deleting the
requirement of maximum interest and sub-
stituting a maximum"interest not to exceed
the rate :provided for in the Statutes of the
State of Florida"and deleting the requirement
that the" rincipal and interest be payable
n old coin" an sub.stitutin; therefor"legal
tender of the ,'ni r_ed Stan-es,"as more fully
t forth in Ordinance
dated July 35, 1973?
Section 3. All ordinances, code sections or
'?arts thereof in conflict herewith, -nsofar as they are in
r hereby > e 1 red
conflict, are r� .- a_`
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icti'on '
anv section, sentence, clause, phrase,
.'Jr_`f this ordinance or i?_ :_ C_'ason d,,,ciared
to 122 unconstitutional, L:loosernti7,e, Of voiJ, :such holding
or invaliJit-2 shall not 2i_c ct the _. e::'.aininc oorti ons of
;:his ordinance; and _t ..'31_1 i a construed to have been the
in_c t _^e Commission o= the City of Miami to pass this
ordinance without such unconstitutional, invalid, or
inoperative part therein; and the remainder of this ordinance,
after the exclusion of s'...c h part or :arts, shall be deemed
and held to be valid as :f such oarta had not been included
therein.
Section 5. This ordinance is hereby declared to
be an emergency measure on the ground of urgent public need
for the preservation of peace, health, safety and property
in the City of Miami.
Section 6. The rcauirs:-ent of reading this ordinance
in two separate days is hereby dispensed with by a vote of
not less than four -fifths of the :-embers of the City Commission.
PASSED A :D ADOPTED BY TITLE ONL-. this Z‘
day of •'Q'� , 1973.
£1AURICE A. FERRE
'•I A `% O R
H.D. SOUTHERN
C.Iri CLER.I<
o'?EP.RED A:iD t;,PRO ED L3 : "✓icy
✓ I .:. U1. n e r
Assi 5,-ant City Attorney
REVIEWED BY:
John S . Lloyd
Assistant ;_:_rector of Law
APPROVED AS TO FORM AliD C ?RECT`:ES:
Alan H. o hstei n
City tor:?ev
i
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ORDINANCE NO. 8177
AN ORDINANCE SETTING FORTH A PROPOSED
CHARTER AMENDMENT BY AMENDING SECTION
58 (b) OF. THE CHARTER OF THE CITY OF
MIAMI TO PROVIDE THE DELETION OF THE
6% MAXIMUM INTEREST AND SUBSTITUTING A
MAXIMUM":INTEREST NOT TO EXCEED THE
RATE PROVIDED FOR IN THE STATUTES OF
THE STATE OF FLORIDA; TO DELETE THE
REQUIREMENT THAT THE"PRINCIPAL AND INTEREST
BE PAYABLE IN GOLD COIN"AND SUBSTITUTING
THEREFOR"LEGAL TENDER OF Ti-IE UNITED
STATES; AND SUBMITTING THE PROPOSED
CHARTER AMENDMENT TO THE ELECTORS OF THE
CITY OF MIAMI AT THE GENERAL MUNICIPAL
ELECTION ON NOVEMBER 6, 1973; PROVIDING
THAT THIS PROPOSED CHARTER AMENDMENT
SHALL BE REFERRED TO AS PROPOSED CHARTER
AMENDMENT NUMBER 4, REPEALING ALL
ORDINANCES, CODE SECTIONS OR PARTS
THEREOF IN CONFLICT, INSOFAR AS THEY
ARE IN CONFLICT; CONTAINING A SEVERABILITY
PROVISION; DECLARING THIS ORDINANCE TO BE
AN EMERGENCY MEASURE; DISPENSING WITH
THE REQUIREMENT OF READING THE SAME ON
TWO SEPARATE DAYS BY A VOTE OF NOT LESS
THAN FOUR -FIFTHS OF THE MEMBERS OF THE
COMMISSION.
WHEREAS, the maximum interest rate for bonds
of the City of Miami is prescribed by the Statutes of the
State of Florida;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION
OF THE CITY OF MIAMI, FLORIDA:
Section 1. The City Commission of the City of
Miami hereby submits the following proposed charter amendment
for submission to the electors of the City of Miami at the
general municipal election on November 6, 1973; said
provision to become effective December 1, 1973:
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CHARTER AMENDMENT NO. _ 4
Section 58(b) of the City of Miami Charter,
Chapter 10847, Special Acts, Taws of Florida, 1925, as
amended or supplemented, is hereby amended by deleting
Section 58(b) in its entirety and substituting a new
Section 58(b) to read as follows:
"(b) Denomination; interest; maturity. -
Said bonds shall be in such denomination
as the ordinance shall prescribe and
shall bear interest not to exceed the
rate provided for in the
Statutes of the State of Florida,
both principal and interest to be payable
in legal tender of the United States,
at some bank or trust company in the
State of Florida or in any other state
that may be provided in said ordinance.
The principal of such bonds to be due and
payable at such time or times, not
exceeding thirty (30) years from the date
thereof, as the c:.ty commission may, in
said ordinance, determine, but not longer
than the probable'life of any improvement
for which the same are issued, as estimated
by the city commission and declared in
such ordinance."
Section 2. The proper city officials are instructed
and directed to take the actions necessary for the submission
of this proposed charter amendment to the electors of the
City of Miami by placing it on the ballot as CHARTER AMENDMENT
NO. 4 in substantially the following form:
Shall Section 58(b) of the Charter of the
City of Miami be amended by deleting the
requirement of 6% maximum interest and sub-
stituting a maximum"interest not to exceed
the rate provided for in the Statutes of the
State of Florida"and deleting the requirement
that the"principal and interest be payable
in gold coin"and substituting therefor"legal
tender of the United States,"as more fully
set forth in Ordinance No. 8177
dated July 26, 1973?
Section 3. A1.1 ordinances, code sections or
Parts thereof in conflict herewith, insofar as they are in
conflict, are hereby repealed.
Section 4. If any section, sentence, clause, phrase,
or word of this ordinance is for any reason held or declared
to be unconstitutional, inoperative, or void, such holding
or invalidity shall not affect the remaining portions of
this ordinance; and it shall be construed to have been the
intent of the Commission of the City of Miami to pass this
ordinance without such unconstitutional, invalid, or
inoperative part therein; and the remainder of this ordinance,
after the exclusion of such part or parts, shall be deemed
and held to be valid as if such parts had not been included
therein.
Section 5. This ordinance is hereby declared to
be an emergency measure on the ground of urgent public need
for the preservation of peace, health, safety and property
in the City of Miami.
Section 6. The requirement of reading this ordinance
in two separate days is hereby dispensed with by a vote of
not less than four -fifths of the members of the City Commission.
PASSED AND ADOPTED BY TITLE ONLY this
day of July , 1973.
H.D. SOUTHERN
CITY CLERK
26th
MAURICE A. FERRE
MAYOR
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