HomeMy WebLinkAboutCC 1972-04-07 Marked Agendag o ro
NOTE:
* - Title of resolution
and/or ordinance
** • Summary explanation
- not part of title
CITY COMMISSION MEETING
CITY HALL .. D]NNElt KEY
APRIL 7, 1972
9:00 A. M.
1. Pledge of Allegiance
Reading of the Minutes
2.
7L-'72
PUBLIC HEARING
March 16, 1972, the City Commission adopted Resolution
No. 43373 setting forth the PRELIMINARY SCHEDULE of
REVISED RATES, FEES and OTHER CHARGES for the
use of, and for the services and facilities furnished, or
to be furnished by, the SEWAGE DISPOSAL SYSTEM of
the City of Miami, the revenues of which system are to
be pledged to the payment of Sewer Revenue Bonds to be
issued under the provisions of an ordinance which has
been introduced and is now pending before the City Com-
mission, and providing for a PUBLIC HEARING date of
April 7, 1972 at 9:00 A.M. on such schedules and for
publication of notice thereof.
3. * Ordinance authorizing the ISSUANCE, under the provi-
sions of the Miami Sanitary Sewer Financing Act, of not
exceeding $16, 500, 000 SEWER REVENUE BONDS of the
City of Miami, payable solely from revenues of the Sewer
System, to provide funds, together with any other avail-
able funds, for refunding all of the outstanding Sewer
Revenue Bonds (Series 1953) and for paying a part of the
cost of EXTENSIONS and IMPROVEMENTS of the SEWAGE
DISPOSAL SYSTEM of the City; providing for the ISSUANCE
of ADDITIONAL SEWER REVENUE BONDS for paying the
cost of ADDITIONAL EXTENSIONS and IMPROVEMENTS
of the SEWAGE DISPOSAL SYSTEM and the cost of SEWER
IMPROVEMENTS, and if then authorized by law, OTHER
SEWER PROJECTS; providing that such Sewer Revenue
Bonds shall not constitute a debt of the City or a pledge of
its faith and credit; requiring connections with sanitary
sewers; providing for the imposition and collection of
rates, fees and charges for the use of the services and
facilities of such sewage disposal system and any such
sewer improvements and other sewer projects, and for
the creation of certain special funds; pledging to the pay-
ment of the principal of and the interest on such Sewer
Revenue Bonds the net revenues of such system and any
such sewer improvements and sewer projects, appointing
the Trustee and prescribing its powers and duties; setting
forth the rights and remedies of the holders of such bonds.
** Passed on 1st Reading City Commission meeting
March 16, 1972
Introduced by - Commissioner Christie
Seconded by - Commissioner Plummer
Ayes - Commissioners Christie, Gordon, Plummer and
Mayor Kennedy r,
Absent - Commissioner Graham
Noes - none
DOCUMENT, INDEX
ITEM NO I