HomeMy WebLinkAbout05311944REGULAR MEETING NAY'2',.,194~ ~.
P.~etlon was made by Councilman Hardee ~nd seconded by Councilman Tlllis that
meeting adjourn for call meeting.
Following members were present:
Mayor: E.W. Vickers
Councilmen: Hardee, Shaw, and Tillis
Clerk: Estelle L. Vlckers
Ct ~"y C~erk
SPECIAL MEETING MAY 18, 1944
Meeting was called to order by the President, J. R. Middleton, with all
members present.
Mayor: E.W. Vickers
Councilmen: Middleton, Shaw, Smith, Tillis, and Hardee
Clerk: (Absent)
Motion was m~de by Councilman Shaw and seconded by Councilman Tillis that
License be issued~to Roberts for sale of liquor at the place of Sebastion Inn
for the sum of $200.00.
Meeting adjourned subject to the call of the Mayor.
i~- ' il Pres.
SPECIAL MEETING MAY 31, 1944
Meeting was called to order by Chairman with the following members present:
Mayor: E.W. Vlckers
Councilmen: Middleton, Shaw, Smith, Tillis, and Hardee
Clerk: Estelle L. Vickers
AttOrney: Charles Mitchell
A motion was made by Councilman Shaw and seconded by Councilman Tillis that
the City of Sebastian accept the proposal of John B. Green for appraisal of
property within the City at a cost of $950.00 and as represented by written
proposal dated May 20, 1944. Motion was carried by the following vote:
AYES: Middleton, Shaw, Smith, Tillis, and Hardee
'Nays: None
A Resolution concerning the exchange of Refunding Bonds was read by Attor-
ney Mitchell.
R E S 0 L U T I 0 N
'~tEREAS', The City of Sebastian, Florida, did under date of May 27, 1940,
duly adopt its Ordinance entitled Chapter No. 96, providing for the refunding of
existing indebtednes of said City as described in said Ordinance and for the
exchange of refunding bonds therein authorized to be issued for outstanding
indebtedness of said City; and,
Wt~REAS, Said Ordinance remains in full force and effect and without
amendment or modification; and,
WHEREAS, The said City has heretofore exchanged a substantial portion of
said refunding bonds for previously outstanding indebtedness of said City but
that portion of such indebtedness to be so refunded has not been satisfied or
exchanged for refunding bonds heretofore issued under the provisions of said
0rdinanee; and it is deemed to the best interest of sai5 City to complete said
exchange to as great an:.!extent~as may be possible; therefore,
BE IT RESOLVED, That the Mayor, President of the City Council and City
Clerk of the City of Sebastian, or any two of them, be and they are herewith
authorized and directed to continue exchanges of refunding bonds heretofore
described f,~r the indebtedness to be thereby refunded and until such exchange
shall be entirely completed; that specifically, and this shall not be deemed
a limitation, said officials of said City are authorized and directed to ex-
change refunding bonds of said City dated July 1, 1939 and authorized by the
Ordinance aforesaid, in the total par value of $.36,341.13, t~gether With::.all
aompon~'~r.:evidences of interest from July 1, 1939 thereto attached and to
receive in exchange therefor bonds numbered 15 to 40, both inclusive, each in
the principal amount of $1,000.00 of City of Sebastian Light and Ice Plant
bonds dated September 1, 1925, with coupon 26 and subsequent coupons attached
(subject to approval of County Commissioner.)
end Satisfaction of Judgment he'rctofore entered in the United States District
Court for the Southern District of Florida under date of June 9, 19Z8 in behalf
of New Kent Corporation, Plaintiff ~gainst the City of Sebastian, Defendant; theft
it is herewith found theft the ~mount of said bonds end interest represente~
by the coupons mentioned and attached thereto, end the amount of s~id Judgmen~
with interest thereon, all computed to Julyl, 1959, is the sum of $~8,~41'1~ and
as of said date of July l, 1959.
~otlon was made by Councilman Shaw and seconded by Councilman Smith that
we adopt the resolution for the exchange of City Bonds as reed by Attorney
Nitchell. Notion was carried by the following vo~e:
A~ES: Nlddleton, Shaw, Smith, Tillis , and Hardee
NAYS: None
A motion was made by C~ncilman Smith that Nrs. Wm. L. Klender be appointed
as City Clerk to fill the place mede vacant by the resignation of Estelle L.
Vickers, acting Clerk, motion was seconded by Councilman Tillis mnd carried.
Reccomend~tion wes m~de by ~ayor Vickers that we secure the help of Ed
Carter to help gather the proper data end fill form es requested by State Road
Deportment of Florida on ~ay 18, 19~.
~,,.~otion was made by Councilman Shaw thet the meeting adjourn, seconded by
Councilm~n H~rdee and carried.
REGULAR NKEETING JUNE 6, 1944
~eeting was called to order by the President of the Council, J. R. ~iddle-
ton, with the following members present:
Mayor: E.W. Vickers
Councilmen: Middleton, Shaw, Tillis, Hardee, and Smith
Clerk: Estelle L. Vickers
~inutes of the last regular meeting were read and approved as read.
Minutes of the Special meetings of May 18th and May 31, 1944 were read and
approved as ~er~ected.
The following is a description of the contents found in Safety Deposit
Box #320 rented by the City of Sebastim~ from Bank at Vero Beach, Florida:
The Safety Deposit Box #320 rented by the City of Sebustian from the
Indian River Citrus Bank at ~ero Beach was opened on May 25, 1944 by Thomas
Steele.
Those present when the box was opened are as follows:
Attorney Chas. ~.~itchell
Attorney Frank M. Harris
Mr. W. L. Baynard of Baynard Bros.
~;~r. A. L. Sulllv'an, Cashier of the Bank
Mr. J. R. Mlddleton, Pres. City Council, Sebastian
Estelle L. Vlckers, Clerk, City of Sebastian.
Attorney Mitchell acted as Clerk checking the con. tents of the box, with
Mr. Mlddleton double checking.
Contents were as follows:
Refunding Bonds, Issue of 1939, No. R-6 to R-10, both inclusive and signed.
No. R-11 to R-50, both inclusive and signed.
No. 173 to 209, both inclusive and signed.
Held by Attorney Harris:
No. 15 to 40 inclusive, Municipal Electric Light & Ice
Plant Bonds.
The amount of this Judgment including principal and interest as of July
l, 1939 is $8,284.25.
No. 15 ~o 40 inclusive represents $26,000.00 in principal amount.
(One Electric Light Bond and two Street Improvement Bonds, Nos. 16 & 17 are
mi ssing. )
The follov~'ing Committees were appointed by the ~resident of the Council,
J. R. Mlddleton:
STREET AND ALLEY COMMITTEE
Counc~.lman Shaw, Chairman