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Minutes 02-04-47REGUL~ ~TI~G OF ~EBRUARY 4_z 194V regular meeting of the City Co~r~ission~rs of the City of Bo~t~ Fla. was held at the City H~ll on Tuesday, February~.lg&7 at p.~., the following being all of the Commissioners ~no were present: Paul ~erce~ ~ayor B. ye Tattersall, Vice Nayor Clarence Benson~ City Clerk The meeting was called to order by~ the ~ayor. The minutes of the regmlar meeting of ~anu~ry 8, 1~7 were read and approved. ~ Conm.,~issioner Tattsrsali read a resolution by which the City of Boynbon Beach, Fla. and the Thomas ~. Cook and Company of West pa]_m Beach, Fla. e~ered into an agreement~ the purpose of waich ms to refz~nd city debt o~a~prox~mate!y ~VSO,000 in bonded L~dehteS~uess, jud~ents and interest. ~sr a discussion, Co~missi~er Tattsrsall made a moti~l that the contract be~madopted. Co~muissioner Benson seconded the motion: all of the Co~maissioners The, contrac5 was then si~ed for the City of vo~ in th~ affirmative. ~ ~ Bo~nton Beacn,~Fla. by the ~=~r, t~te seal of the city duly affixed and attssted by the City Clerk~ and E. W. Jackson for the Thomas ~. Cook and Company. The document reads as follows: The follow~ug resolution was introduced, and upon being r~ady in full, w~, uoon motion of ~o V. Tatt~rsall ~ which motion was duly seconded by ~l~rence Esnso~ , d~--ly ~doote~~foilowing Ayes: Paul ~la_~nce Benson Nays: None Absent: None Not voting:. None RESOLUTIOE ~TE~W~.AS~ The City of Boynton Beach, Florida, has no~,~ outstanding ~,~o~v ,~even ~unmred wzft~ Thousand Dol~ars [~Vo~,000.00) az. bond~m ~.terest has already accruem on t~_~ nnaturem m~eoteaness .... , -~ '~ 's au impossible burden ~-~ ~e~w~ ~-~ebtecness in such g~o~nts the Cit'~ to extricate itse~ from this oresentty cnaotmc .~ i ....... .-~,~s~,~ ~o~1~ ~ ~ch ~_ounts and under tetras mutually a~reeabls to it ~ad the holders of Bhe greatem portmon of ~S~ ~ the judgment of the City Cozmission, it is absolutely n~cessary that the refundable indebtedness of the City be refunded; and vg4wR~S Thomas ~. Coos & Company of West Palm Beach, Florida, has om tmme ,~o time conferred with the City c~cerning the refu,nding of said m~debtedness and nas agrees wzth tlae ~y to assist it in placin~ its aebt bas_s consistent with the terms and conditions set forth structnre on a in the convrsct heremn~fter ~e ~ s o~3m~zoz_ that it is to the W~ERE~ the Cit~ Go~mission is of the ~'-~' bensfit of ~I1 of th~ citizens and tax-payers of the City of Boynton Beach, and is to th~ b~nsfit of all of th~ bondholders of th~ said City that said connrmct be entered invo and mcc~pt~d by the City of Boynton Beach. ~ IT RESOLVED BY TH~ CITY CO~IISSiO~ OF A ST~Tm OF FLORIDA~ IN SE~SIOi~ DULY ~- Section 1. Tb~t this Co~nission does hersb~ ~pprovs~ adopt m~d co~i~m that certain agreement ~t forth in Section 2 h~rsof. The ~ayor of the City of Bo7nton Beach bs and hs is hereby directed no sxecut~ said agree- ment for and on b~half of the City of Boynton~ B~ack, and the City Clerk be, and ks is hereby dirscs~d to attest the si~mat~rs of the ~ayor on said agreemsnt~ and affix the seal of the City of Boynton Beach thereto. Section 2. That th~ agreement approv~d~ adopted and co~uz~m~d in a~ction 1 h~rsof s~al! b~ as follows: AGREE~qT ~n=S A~REE.~]~i~T made and entered into this 4th day of ~ebruary~ A.D. 1~7~ ~ ~,=, ~ of the first part by and between the Ci~Y OF F=OYNTO~N r,~AC~-, FLOR~DA~ party ,,so~tmme~ hereinafter referred to as ~City~), sa~d THOMAS ~.~. COOK & CO~PAIQ~Z, a Dartl%ership~ party of the second pa?t; (hereinafter sometimes referred to as- ~C omoan?~ ) ~ in consideration of the sum of Ten (~i~.©~) Dollars paid by each of 'the ~ar~i~s he~eto to the other~ receipt of which is hereby mntually acknowledged~ ~nd in further consideration of 5ne ~tual benefits flowir~g to the respective ~arties hereto, it is hereby mutually understood~and a~reed as follows: Section '1. The City agrees to execute refunding bonds, under the ter~ms and conditions hereinafter set forth, for all of its outstanding nnrefunded reful~xlable bonded ind~btedn~ss~ and all accrued interest thereon to October !~ 1946~ whether represented by A~mtured interest coupons~ or interest accruing on past due bonds~ or the total an~n~'~t due on jud~ents on bonds~ ~ater~st coupons~ or either,of them~ Dlt%s interest on jud~%%ents to October 1, 1946. (a) The principal indebted~ess proposed to be refunded by the City including j,adgments for principal indebtedness, is approximately Seven Hundred Fifty Thousa~d ($75~,©00.©0) Dollars. The issues are generat~ described and are approximately as follows: Purpose Refunding Water Works ~ Street Bonds Impr ~vement Bonds Imlor ovemen~ Bonds Refunding Bonds~ Series ~A~ R~funding Bonds~ S~ri~s ~B~ Refunding Bonds, S~ri~s ~C~ R~funding Bonds, Series ~D~ Jnd~.~nt s interest ~Ra ~ Date ~m..ou~t ~npaid 6 6-1-25 ,6 1~-i-26 3%- 4-i~34 3~- 4-1-34 3~- 4-t-34 6~500.©0 13~000.00 9~500,~ 6~5©0.0© 3,400.00 55©.©0 ~!5~51~.~3 -3- ~ (b) Unpaid interest, -~nether re resented by ~terest on bonds, or matured interest c~pons~ or judgments rendered on s~zm bonds and coupons~ or jud~uents~ or interest on judgments, or either of th~m, plus interest thereon to October 1, 1946. It is u~erstood that th~ ir~ebtedn~ss to be ccnsiderod hereunder will be the exact amount of indebtedness found to be outstanding and unpaid as of Octobar 1, 1946~ when the bond re~isters of the issue of b. onds hav~ been carefully balanced and the interest on cast due bonds~ jud~nts, and coupons have been computed to the date of the refunding- bonds ~ Section 2. The first party sha!l~ by proper action, cause refunding bonds to be authorized and validated by the Circuit Court, or the Supreme . amount sufficient to Co~_t of Florzda in th~ event of an appeal~ in an permit an exchange of securities for the total amount of outstanding in- debtedness as of October I~ 1946~ using such procedure and ferns therefor as shall be approvod by nati6z~aily r~cogniz~d bond attorneys; tl~t said refur~ing bonds shall be executed in tho ~nner ree3ired by placed on deoosit in escrow witD. a Bank to be selected by the second party - -~a ~ t proper officials; tha~ said unaer instruction from t._e first p=r y, or its indebted- _~fundzng bonds shall be de~ iv~red in exchang~ for the outstand~ ness as of October 1, 1946, described in Section 1 hereof~ this contract being sufficient authority for s~m off momars to ~ ~ said deposit on usual forms for t..e purpose~ said forms to be prepared by first party. ~d approved by the atto~mey for the second party. Section 3. The said refunding bonds sha~ be dated October !~ !945~ and shall ~ture October i~ 1971. Section 4. That said refunding bonds shall bear interest payable s~mi-annualiy at the following rates: On~ percent (t~) per ann~u fo.r tko first twc years a=t~r date thereof; One and one-half (i~%)_oero~nt per annum for 5he next, succeeding Two (2%) percent per a~u~um for the next succeeding tn_~e years; Two and one-half (2~) percent oer annum for the next succeeding two years; Three oercent per amuum for th~ nex~ s~cceed~no five years; Four percent p~r annum for tho no~t succeeding ton Section 8. (a) That all of said r~funding bonds shall be callabl~ at par plus accrued interest upon any inter,st payment date prior to maturiey. (b) That the option tm call tho r~fundLng bonds prior to th~dr respoDtiv~ maturity datss~ if used, shall b~ ~x~rcis~d in the rolls, ring [1) TH~ bonds shall bs drawn by lots by the governing authority of the first party. (~) The respectiv~ lots shall consist of al! of the th~n outstanding (c) Notice of said redemption~ specifying the lends called, shall be e- ~" ~inci. al and interest of said ~ml~a at the place of payment~of the p- p refundi~%g bonds~ at least thirty days prior to the r~demption date, and notice of intention to redeem said bonds shall also be'published once, not ~ .... days prior ~3o the redemption ~ ~ more than sixty~ nor less than t_~ru2, w~mcn shall be a newspaper having a in at leas~ two o~blioations~ one of ~' ' ~- Beach~ F!orida~ and the other = ~ ~]ew York. ~ener=l circu!at~on in the City of shall be a xmnancmal journal ouh!ished in the City of New York, ~d) That~ for th~ purpose of adequately provmm~g for t.he pa~env of the inter, st on said refundi~ bonds as it matures~ and for~-the~ creatio~m of a sinking fund for the retirement of all of s~d~ refunding~ -~ bo~as, as they mature, the proceedin[~s au~norizing the issuance taereot 132 (1) 0on_cfm to the tax orovision ~equirements of Cha~ptor ~lorida Statutes, 194~, add such Sther law or laws as shall be by the bond attorneys approving the validity of such issue of bon~s provided for herein; (~) Contain l~gally effective oblmg~tmons and covenants on part of tho issuing taxing ~nit. to and~ in favor of the holders of th~ refunding b~ds that~ (a) In the annual budget to be prepareda~ made in the fiscal year 19~6-1947, an~ ~?~ Y - ~-~ ~ ~b~l be *nclumsd agamnst coll~ctiomlmty, in an ~mount suf.~mcm~n~ to ore'duce~ a sum of money sufficient to pay tho principal and inter, st on said r~fund!ng bonds, but · -~ ~ ~lng e=c ~, of said in no case loss tn=n ~20,~OO.O0 ~ '~ Section 6. Tn~r~ shall be cres~d and maintaiz~ed a Special collected a~ sources availsb~ %c it, Fund of ~.15¢~0~.~¢, ,~ the City sha~, from the fir~ moneys out of ta~ le~ for refunding bon¢s¢ or from other or elected by it to be so used, apply or set aside a sufficient sum for the pa~nen~ of ink, ereCt for which said t~'~Z, was made¢ and the balance, sLs!t put into the Special Reserve _.und until such funds have reschea the required h ~ from time to time, be applied tm amount. The Spec&al Reserve Fund m_al~, .... the payment of %nterest due on the refund~g bonds in ant~czpatzcn of the collection of taxes levied therefor Whenever such taxes have not been collected at t~e time such interest comes due. If s.~ s~y v~8' there is ~5,000.~0 or mo~ in the Refunding Bond ~'-,~ t and Sinking Pund Account over a~d ak ore the amount of the next In~.~es , ~ ,-~ the said dund shall be used by the City, after interest reqa~re~..ent ~ ~ ~ - _ ~ ' ~ r~asonable p~ m~c notice of its intontion~ for th~ puroOs8 purcnasmng rei unaing bonds of the issue contomplated herein, purc~SeS shall be mad~ ~ the following manner; Th~ City s_~al~ designat~ a date at w.~mcn time it will receive sealed tenders of bonds of the rezundmno issue herein authorized, and act upon such t~nders in eden session. The entiro available surplus for the retire- merit of bones shall be used to purckas$ bonds offered by such tenders at the low, st prices; provided~ however, that if the said City he dissatisfied with any or all tonders thus recemv~d, it shall have the option to reject aris or all of same, and, within sixty (60) days after such rejection, it sldall _ as hereinbefore readvertise for aemmtmon=~ sealed tenders in the s~me provided~ and shall }ou~ch~s~ the bonds offered a~ the lowest ~ ~ -.~, ~ surplus funds available in the Refunding such readvertlsemon%, =usorbl~g =~ Bond Interest and Sinking Fund Account; and, orovidod further following each respective tender date said C~ty may privately ourchase additional bonds with subsequent surplus accumulations as long,as~ private purchases may be made upon such basis as will show mu equ~ or income yield than the highest yield calculated on bonds purchased responsive to tenders received at the last preceeding te~_~der date. In ~-~ . c¢~ferings can be obtained at or below the callable the e-~ent ~at no Dries, the said City shal~ proceed to call bonds by lot. Section 7. The City shall take ~uon action as may b~ n~c~ssary to cons-~te th~ r~finzncing program her~im, to the ~nd that th~ p~ocesdings ~- ~ bonds authorizing tho ~ssuz~c of the r~funding bonds, o~ th~ thcms~lv~s~ shall: (a) B~ general obligations of the issuing taxing unit~ (b) Cnntain a pledg~ of th~ full faith ~'~d credit of tho said i'ssuing taxing unit for the prompt payment of ch~ princip~~ and interest of said r~funding bonds, according to thsi~ of all (c) Provzmefo~ pa~ent in l~al tender of th~ ~nit~d States taxes provided to be levied for the payment of s~d r~funding bo~-~s ~d interest there ~; (d) Provide tb~t all rights ar~remedies which~ were availakle for the support ~d en~cemen~ of the hence proposed to ce refu~ed will continue and remain available for th~ support and enforcement of the Refunding Eonds issued in lieu thereof; (e) Provide that'the holders of the refunding bondsshall' be subrogated to any ~d allrig~ts of the holders of the bonds exchanTed therefor if said refunding bonds should be held invalid and unenforceable. Section 8. The City shall take such action as may be necessary to: Ia) Cause the preparation of the necessary resolutions for tlue issuance of said refUnd~g bonds; such resolution to be in the acceptable to nationally recognized bond attorneys and to the attorneys for the City and the Company, (b) Caus~ the necessa~ legal papers to be prep~ed for the validation of such refunding bonds~ (c) Cause such refunding bonds to be v~lidateS~, either by decree of the Circuit Court of Palm Beach County, Flori~e~ or by the Supreme Court of the State of Florida, should an ~eal be necessary; (d) To give effect to the refunding of the entire de~t it be mutually struc~mr of the City of Boynton Beach, zncludzng, if determined ~o be necess~, such proceedings uz~er the Fede. ral Bankruptcy &ct as may be required to nmake the plan offective. (e) Cause such refunding bonds to be printed ~d available for the signature of the City, amd to actua]2~ sign such bonds. The Company shall defray~such of the expenses incident to Sections (a) and (e) mentioned above, as it ~y be authorized by law to assume~ end shall in addition thereto defr~ all expenses n~cessary to assembling the originaZ securities and exchanging them for the bonds proposed to be refunded, including all bank exchange fees~ and for a~y and all other ' h expenses in com~eotion therewmt , which ~y be approved ~ the Comps. ny and is not contra~ to the law or public policy of the State of Florida, to the end that the City will not and does not by thais contract, in any ma~%ner grant to the company any control of matters which by law may be discretionary w~t~ !t. S~ction ~. (a) Th~ City of Boynton B~ach he. coy recognizes th~ right of Thomas ~. Cook R Company to buy ~d sell bonds and coupons of ~h~ City of Boynton Beach~ Flo~ida~ or jud~e~ts rendered thereon, all of -~t of this oroceeding~ at any t~rms sati~actory which mi~t b~ tho ~ to the s~cond party and to th~ holders of such abow~ m~ntion~d obligatio~ referred to (b) Thomas ~. ~ook ~ Comoany r~s~rv~s th~ right for roimbursement for its services in assist~g t~ City in r~ha~ilitating its d~bt st~cture under this agr~m~nt~ im ~ducing th~ various holders of the outstanding bonded indebtedness of the City to participate in th~ r~funding~ and for such ether servicss r~nder~d the City, and the benefits naturally flowing to all creditors as a r~sult of the o~ration of th~ ~funding plan, to make such reasonable ch~g~s to ~he bondholders of the City of Boynton Beach, as may b~ dete~in~d by T~om=s ~i. Cook & Com~ny ~d the hold,rs of the tonmem mnm~btemn~ss of tns City of Boynton Beach, and ~tno~tt~r of such charge is of no concern to tha City of Boynton Be~ch ~ any ma~r vgaatso~v~r~ S~ction 15. It is ~rth~r agreod on~ under this plan of adjustment .delinquent tax~s ~_y b~ adjusted ~ legal vender at such rat*s as may b~ agr~abl~ to the~Ci~ and to the taxpayers of the City~ and all such funds ' ~ ~ - ~ ~ ~ ~ - azwes by the City of Bo~ton B~ach pursuant to th4s o!a~'~ of adjustment, and after it becomes eIzecLzve, sna~x co i~ i~ a special imorovement account of the City of Loym3son Beach, and shall bo spent for such purposes for the hettermor, t of the Cmu# of Lovnton Beach as the City Com~uission ms3y determine a~ a~rec~. . - SectiQn !i. (a) That the parties hereto wm=l jointly us~ their host tanamng bonds included efforts to induce _.o~ers of the oresently outs ~he scope hereof to participate in the refunding program set within ~ (b) ...... ~h=t~nenev~r' '~ -~ ~nd as often as the Second _Pa~ty~ ~ shall re~fs~est in writing to be info~aed as to the finsnci~ affairs of the First Party, such as the amount of tax levios~ co!lections~ delinquencies, the amoun~c of revenue smd income available from sources other than from ad valorem taxes, the mnount of bonds issued, outstanding or retired, to furnish such info~lation promptly, and to give due consideration 5o r~co~endations of th~ Secona P~ty wmtn regard to such financial affairs. (c) That if~ during the life of this contract, any of the out- standin~ bonds subject to refunding, or coupons appurtenant thereto or clipped therefrom, shall b~ presented for payment or suit ~stituted thereon or in respect thereto, First party a~ress that the ~cond Party will b~ notm~i~d oefo~e any remus of settlement are agreed upon hesween First Party anm any such bondn~aers. ~d) ~ ~ ~ i ~ !n~t, if any portion of tm s contract shall be decl=_~a inoperative, or voma~ sams contract shall, at the option of the Second Party~ ce considered as fully operatzve without such znopera~mve or void portion. Section 12. Aftor the bonds have booth validated and exocuted in proper form m~d manner by theCity, and shall have been dopositod with a Bank designated by the Company under appropriate inst_~uctions, the Co.many shell na~e exclusive authority to exchange the securities described 'heroin for new ref~m~ding bonds, provided such authority shall not exceed a period of three years from the time the refunding bonds are made available for exchange o Section 13. It is specifically undorstood tbmt the Company is in no manner to be considered an agent of the City~ except for the transmission of the original indebtedness into refunding bonds in the manner as set forth in this contrast, and is to be accountable to the City in no manner for any profits or loss incurred in this operation, but shall receive it~ compensation az~d rei~oursemen5 for oxpenses incurred s~d services rendered by either charging security holders who may accept refunding bonds under the te~s hereof, or by buying and selling t~he refunding bonds. IN ~ITNESS '~EREOF. this Company has executed this agreement in duplicate and the City has caused this contract to be executed in duplicate in its ~ame~. under due authority~ add has caused the s~me to bo sig~ned by the Mayor of the City of Boynton Beach, and the sea~! of the City to be duly affixed thereto, attested by the City Clerk, all of tlae 4th day of February, A.D. 194V, CITY OF B0~{TON BEACH, FLORIDA (SEA~ ATTEST By: ~ayop ~ ~lerk Witness: TH0~AS ~o COOK &'C01~PAi~Z (Not By: ---~artner Incorpor- ated) _ Following the signing of the contract a ,., held ~,at~t~o_~h~ f~.t?re .progress of B°ynt°n'Beadc~.SC~iw°~sW~s~* ~ ~ ~ ~so~uc~on nas been held UP Oend~ ~ -~ · ~.~ bond ~efunding p~o~am. N~. Pot~e~s stated bhat he was sta~ing the const~uc~i~ of 32 homes iEmsdiately a~ others to follow. Joe Ha~less withdrew an ~fe~ of a cli~t ~te~ the client had !earned that part of the p~op~ty ~clud~d in his off,~ did not belong to the City of Boynton Beach, Da~t of w~ch was to be used by t~ Ci~ to exte~ the p~esent ce~te~. N~. Ha~less asked tho Co~issioners if th~ would conside~ an offe~ by his c~ient of $!0,000 fo~ that p6~tion of ~t~e p~ope~ty b~lonEing to the City. This offe~ was ~efused. Afte~ ~ appeal by N~. Ho~a~d, the improvement valuation on Inle~ Vil~ge was ~educed to $4,000 on th~ 1946 tax ~olI by action of the Co~ission~s fo~ the ~sason t~at t~ valuati~ ha~ be~n i~2eased ~thout the app~ova! ~ the Co~nissio~s. Nayo~ Ee~cer ~ead a 1,t~e~ f~om N~s. Ella Ad~s ~equesting permission to take out muck ~d clean out~ swamp ~z~ so that 162 lots she had pu~c~sed in ~o~ke Boynton E~tates c~ be sold as lake f~ont lots. Co~, Tatte~sall ~ade ~efe~ence to a Ci~ O~ce which was passed ~equ,sting a pe~s~ to furnish a bond before any soil c~ld be ~moved f~om p~ope~ty with~ Boynt~ l~its. The Co~issio~ decided t~t a dec~sion rega~g ~this ~tte~will be withheld pending fu~the~ inve stigation. Co~issioner Benson read a letter from ~rs. T: E.Fox requesting Comm_issloners~ action to force ~r. Hood t~o remove junk cars, etc. from land adjoining her property and 'also to zOrce the Lunsfords to clean up aro~d their home. It was decided by the Co~nissioners that a letter b~ written to Mr. Hoodasking~ t~at he clean up around his place of business, Mayor Mercer read a letter frc~ McGe~ and MCGee regarding a plea clearedfrom John up.E' TTayl°r t .° have.~ the title of Lot i Block ~ of Roberts Addition he CoLmn~ss~oners decided to turn the n~tter over to Mr. McCoy for further action audcle~rance.~ A letter was read frc~n the Southern Bell Telephone ~nd Telegraph Co. ~egarding Utilitie~ TaX Ordnance No. 197. The Commissioners decided to turn the matter Over to N~. McCoy fo~ action, A letter r~ceived from the Palm Beach County Resources Development Board was re£er~ed to the Chamber of Contmerceo N~. Fergon asked for adjustment on delinquent taxes. The Commissioners ruled on five yea~s plus the ctu~rent year. Joe Hatless asked Commissioners, approval to se~l Lots 40 and 41 Block 16 Boynton Heights for $250. It was ruled by the Commissioners that the p~operty be sold for $280, A contract was P~esented to the Commissioners by the Florida Power &itLights water CompanYu ~ for a plan to save the City money on power consumed ~y p mp~ng system, ~ decisi~ was ~ithheld pending further inve st igati on. The Cormnission~ rs ruled to give Ralph Wade $ liquor license. This decision had been pending since the January 8th meeting. A discussion was tm id reg=rdlng the purchase of a'tractor and ' a The commissioners mowing machine head from th~ Boynton Equipment Comp ny. ruled to purcPase the tractor and' mowing machin~ head immediately for theprice of $1211.09 for the tractor and $265.78 for the mowing machine head. A letter was received frm the State Beverage Department requesting a copy of the City Ordn~ce on liquor licenses. The Commissioners requested a copy be sent to .them, A Notice of Application for Tax Deed was received from J. Alex ~_rnette, Clerk of the Circuit C. om~ of Palm Beach County, Florida. The Commissi6ners ruled the city of Boynton Beach has no interest in the' lots mentioned in the Notice. The Commissioners ordered a letter written to him to put in septic t~ks to replace outdoor toilets by him on Welles Avenue, Colored Town. ~¥acksman requesting property owned The foll'owing bills were approved for payment by the Conmnissioners: Amoun~ Delray Plumbing & Specialty Co. Nomand & Niller Office Equip. Co. Boynton Beach Electric Shop Halsey & Griffith, Inc. Barnetts, Inc. Florida Printing Co. The Cameron & Barkley Co. E. ~cCann Austin Supply Co. Florid~ East Coast R.R.Co, Himes & Himes F. L~ Purinton D. L. Catloway T. B. Whitfield Hood~ s Auto Ser-~ice Standard Service Stat ion Jurney~s Repair Shop Lake Worth Leader 8haw Bros. 0il Co. Lee Thomas Leonard J. Harris James Taylor Jeff Millines Claude ~cCoy Parker Ward 0o S. Heston Ruth G. Hu ghe s Dorothy 8hepard Holland Eay ll8 · 52 41.50 3V. 35 2.44 24;25 6.22 65.00 50.26 16;80 54.37 1~00 ll01 ~ 60 342 .V9 12.60 95. i0 31.35 149.20 92,V0 l0.00 319.49 32.80 32.80 33. O0 4o .oo !00.00 32 ;80 98.40 2~ .30 169~00 188.2V Jo~m E.Raulerson, Jr. Clarence Bens on B.V. Tattersall Paul Msrcer Johz~ Rigsby A. C. Carver T.Bo Whitf ie ~ld A. R.Ceok Annabelle ~Dunbar Southez~l Bell Tele. & Tele. Co. Fla. power & Light Co. James Taylor Jeff Williams Annabelle Dunbar Lee Tho~ s L. J. Harris Parker Collector of Inte~nal Revenue Ethel S. Pierce Annabelle Dunbar Lee Thomas Leonard J. Harris Jsmes Taylc~ Parker Ward Jeff Millines Armab elle Dunbar Lee Thomas Lenard J. Hat Thomas M. Cook & Co. Firem~ Payroll for Jannary fire ) Total ~o~t $ 189.20 50. O0 50. O0 50.00 181.30 173.40 202.20 26~ .20 2~.55 75.~2 285 33. O0 40. O0 1V ~2.80 21.00 32.80 305.35 35.36 25.50 32.80 27.00 33 · O0 32.80 40. O0 7.50 21.00 2V. O0 18900. O0 34. O0 There followed a lengthy discussion regarding the city's money. Con~iss~oner Tattersall made the statemenb t~t a budget will have to be made ~ld adhered to. The tax roll will have t o be adjusted to bring assessments more ne~z~iy in line. All new buildings completed befOre Dece~0er Z1, 19&6 must be inserted into the 19&~ tax roll. ' By acti~on of the Con~nissio~-ers, the sal, a~y of the Deputy Clerk, Holland T. ~y, will be increased from $1~5/m0. to On motion, the me~ting was declared adjourned by the Mayor. 2-!9-4V