O#123 ORDINANCE NO. 123
AN ORDINANCE OF r~W OF BOYNTON~ P~[~i BEACH
COUNTY~ FLORiDR~ FIXING A T2~ RATE 0R ~I(iNG A T~
~f' FOR GENERAL ~PENSE AND SiNKiNG F~D A~
INTER~ST REQUIRE~[~TS UPON TI~ !NDEBT~NESS 0F THE
T0~ 0F BOYNTON~ PAZ[~[ BE~CH COU~Tf~ FLORZDA~ FOR
O~
TI~ FISCAL I~AR BEGINNYNG .... ~avw~ww~ ~.~ i~ !~o2
ENDING 0C~0BER 3!~
BE iT 0RDA~IED by the Board of Town Commissioners of the
Town of Bo~n~on~ Pa~ Beach County~
1, That there be and there hereby Is levied upon all of
taxabls ~ _
prope~ oy, both real and Oersonal~ within the Town of
Boynton~ Palm Beach County~ Florida~ a General Tax to provide
for the ~ner~l Expense of said To~ as orovided in th~ Budget
items set forth in Ordinanc~ No. 1B~, to-wit: A Tax sufficient
to rpoduce the s~ of Eleven Thousand Eight Hundred S~v~nty
Four Dollars and Forty Nine Cents
B~ ~t there be and there hsreby is levied upon all of th~
_ w_~hzn the Tov~ of
taxable property~ both real and persona!~ ~ ' _
Bo~ton~ Palm Beach County~ Florida~ a Soeoial Tax for the
ouroose of Providing !nteresb and S~_nking Fund monies to be
used ~ the pa]~ent of Interest and the ~demption of Princioai
upon tho Indebtedness~ of the Town of Boynton~ Palm B~ach County~
F!orida~ the s~m of Thirty Five Thousand Six Hundred Twenty-
Three Dollars and Forty~Seven Cents (~
3, That said ~axes he_emnbezore referred to, be and the
same horeby are apportioned to and levied against all the ta~-
able property~ both real and oersonai~ within the Corporate
its of the Town of Bo~ton, Palm Beach Co~ty~ Florida~ in pro-
portion to the assessed valuation of such property, The
marion of all of the taxable pz~operty~ both real and personal~
situated within the Corporate Liners of the said Town of
Boynton~ Palm Beach County~ Florida, for the taxable year t.932~
which is the fiscal year ending 0otober 31, 1933 as shovm by tiaa
Tax Assessment Roll prepared by the Tax Assessor of the said
Town of Boyntoh, being hereby fixed at One Million, One H~dred
EiLhty Nine ~housand, Seven Hundred and Forty Nine Dollars
(~1,189,V49.00)
4. That said Tax be extended npon the Tax books of the
Town of Boynton~ Palm Be~h County~ Florida, in the proper
millage proportionate to the valuation thereof as returned by
the Tax Assessors that is~ that the z~llage thereof be es
follows, to-wit:
Administrative Deoartment
Police Departmen~
Fire Department
Water Department
Sanitary and ~aintenance
Accounts Payable
Notes or Certificates
of indebtedness Payable
TOTAL FOR GE~ERAL PURPOSES
2.388
o6VV
.522
.942
1.302
3.361
~808
!0o00 Ni!is
~NTEREST ON OUTSTANDING Ih~EBTEDNESS
Interest s.t ~ per cent on
Certificate of Indebtedness
in favor of Florida Power &
Light Company, dated November
~0th~ ~$1, due December ~lst,
Interest at V per oent on
Certificate of Indebtedness
in favor of Florid~ Power &
Light Company, dated~.~July
lst~ 1932, due July lst~ 1933.
Interest at 6 per cent on
Note in favor of American-
La France and F0a~Xte Co,~
dated July 21~t, 1932~ due
.0981
.0712
INTEREST ON OUTSTAhH)!NG INDEBTEDNESS (Continued)
Interest at 6 per cent On
Note in favor of American-
La France and F0amite Co.,
dated July ~!-st, 193~
due July 21st, 1935
0341
Interest at 6 per cent on
Note in favor of D~aeriasm
La France and Foamite CO.~
dated August 21st, 1932,
due August 2ist, 1938.
Fifty per cent (50%) of
Interest Coupon No.
due April Ist~ 1933~ from
Bonds issued by the Term
of Boynton~ Fiorida~ under
date of October !st~ 1923~
of which issue there
outstanding ~d unpaid
~80~000,00 in principal
amo~t~ together with
overdue and accrued int-
erest~ which Bonds are
numbered as follows:
.0256
No. 5 to No.
both inclusive
o1516
No. 22 to No. 25,
both inclusive.
,0505
No. 26 to No, 30,
both inclusive.
.0632
Nee 31 to No. 85~
both inclusive.
.6316
Fifty per cent (50%) of
interest Coupon
due October lst~ 1933~ from
Bonds issued by the Totem of
Boynton, Florida~ under date
of October ist, 1923, of
wt~ich issue there is out-
standing and unpaid $80~000.00
in princioal amount, together
with overdue and accrued
interest~ v?~iah Bonds are
n~uubered as follows:-
No. 5 to No.
both inclusive.
.1516
No. 22 to No.
both inclusive.
No. ~6 to No. 30,
both inclusive.
.0505
.0632
INTE~ST ON OUTSTA_~D._~G ±ND~BT~Di~ESS
No, 31 to Nos 85,
both inclusive.
Fifty per cent (50%) of
Interest at six per cent,
for one year~ due October
lst~ i933~ on Bonds Num-
bered ! to 4~ both inc!usive~
which Bonds were issued by
the Tovm of Boynton~ Florida~
under date of October ist~
t923~ of v£~ich issue there
is outstanding and unpaid
~80,000,00 in principal
amount, together with over-
due and accrued ~terest~
the said Bonds No. 1 to
No. 4, both inclusive~
.having matured one each
year during the years 1929~
1930~ !931 ~m_ld 1932, and
therefore have no interest
Fifty per cent (50~) of
Znterest Coupon
clue April tst, !933~ f~om
Bonds issued by the Town of
Boynton~ ?torida under
date of October !st, 1924~
of which issue there is
outstanding and unpaid
~lO0~000,00 in principal
amount~ together with
overdue and accrued int-
erest, which Bonds are
numbered as follows
No. 89 to-No. !85~
both inclusive.
Fifty per cent (50%) of
interest Coumon-Noo t8~
due October lst~ i933~ from
Bonds issued by the Town
of Boynton~Ftorida~.under
date of October lst~ t924~
of which issue there i~
outstanding and unpaid
~100,000.00 i~ principal
amo~mt, together with
overdue and accr~aed i~t-
erest~ ~Wnich Bonds are
numbered as
No. 89 to No, 185,
both inclusive°
(C out inued )
.6316
.0505
1.2253
1.2253
INTEREST ON 0UTST_~[DING INDEBTEDNESS
Fifty per cent (50%) of
Interest at six per cent~
zo_ one year~ due October
!st~ !933~ on Bonds Num-
bered 86 to 88~ both inclusive~
w~hich Bonds were issued by
the Town of Boynton~ Fto~ida~
under date of October !st~
t924~ of which issue tne..e
is outstanding and unpaid
~100~000.00 in principal
amount~ together with over-
due and accrued interests.
the said Bonds No, 86 to
No. 88, both inclusive~
having matured one each
year'during the years t930~
19.31, and i932,sand therefore
~have no-interest coupons
aD~oxod~
( C out inued )
.0V59
Fifty per cent (50%) of
Interest at Six per cent~
for one year, due June
1st, 1933, on the following
n~bered Bonds, which
Bonds were _ssuea by the
Town of BoFuaton~ Florida~
~mder date of Jzu~o tst, 1926~
of which issue there is
outstanding and unpaid
~50~000,00 in Drincipal
amount, together with over-
due and accrued interest,
Bonds No. 35, 35 and 38 to
51~ both inclusive, having
matured during the year !929~
Bonds No. 52 to 68, both inc!u-
sive~ having matured dur-
ing the year 19305 and Bonds'
No. 69 to 85, both inclusive~
having matured during the year
1931; therefore these Bonds
have no Interest Coupons
annexed:-
Bond No. 35 and No~ 36
.0253
Bond No. 38 to-No. 51,
both inclusive.
.353V
Bond No. 52 to'No. 58¢
both inclusive.
,1V69
Bond No. 59 to-62~
both inclusive.
Bond No. 63¢64, V3 and V6
.10!i
,!0!i
iNTE~ST ON OUTSTA~?DZNG II~EBTEDNESS
Bond No. 65 to-No.
both inclusive.
Bond No. V0, ~l end
(Continued)
.1~63
.0759
Bond No. V4~ VS~ VV and V8
.1011
Bond No. V9 and 80
.0505
Bond No, 8.1 to'No. 85
both inclusive.
1263
Fifty per cent (50%) of
Interest Coupon No.'13~
due April 1st, 1933, from
Bonds iss~ed by the To~m
of Bo~r~ton, Florida~ under
date of October 1st, 19~G~
of which issue the~e is
outstanding and unpaid
$134~000,00 in principal
amount, toghether with
overdue and accrued int-
erest~ which Bonds are
numbered as follows:-
Bond No. 21 to N0~ 24,
both~inc!usive;
Bond No. 31 to No. 34~
both'inclusive;
Bond No. 41 to No.
both inclusive;
Bond No. 51 to No. 54,
both inclusive;
Bond No. 61 to No. 64,
both'inclusive;
Bond No. V1 to No;
both'inclusive~
Bond No. 81 to No.
both'inclusive;
Bond No. 91 to No. 94~
both inclusive~
Bond No. lll to NO. llS~
both-inclusive;
Bond No. l~l to NO. !28~
both inclusive$
Bond No. 141 to NO. 148~
both inclusive;
Bond No. i51 to NO. 168,
b otb~ inc lus ire ~
Bond No. lB1 to NO. 183~
both~ inclusive $
Bond No. 201 to NO. 211,
both-inclusive$
Bond No. ~29 to No. 23V~
both inclusive$
Bond No. 184 to NO. t88~
bot~ inclusive.
1,0990
.063~
Bond No. ~6~ to NO. ~68~
both.'inciusive;
30. 291 to No.
both inclusivs.
(C ont ihued )
Bond No. 295 and No. 319
Bond No. 342 to No. 348~
both-inclusive;
Bond No. 3V5.
.1263
Bond No. 320 to N6.
both inclusive.
.0632
Bond No. 3V8 to N0. 380~
both inclusive.
.0632
Bond No. 405 and No, 406
.0253
Bond No. 407
.0126
Bond No. 408 saad No, 409
,0253
Fifty per cent (50%) of
Interest Coupon No.
due October 1st, 1933, from
Bonds issued by the Town
of Boynton~ Florida; under
date of October 1st, 1926,
of which issue there is
outstanding and unpaid
$134,000.00 in principal
amount, together with
overdue and accrued int-
erest, which Bonds are
numbered as follows:-
Bond No. 21 to No; 24~
both inclusive;
Bond No. 31 to No; 34,
both inclusive;
Bond No. 41 to N~, 44~
both inclusive~
Bond No. 51 to No, 54~
both~inclusive;
Bond No. 61 to No, 54,
both'inclusive;
Bond No. V1 to No. V4,
both inclusive ~
Bond No. 81 to No; 84~
both'inclusive~
Bond No. 91 to No. 9~
both inclusive;
Bond No. lll to No. llS,
both-inclusive~
Bond No. 121 to NO. lB8,
both'lnclusive$
Bond No. 141 to N6. 148
both inclusive$
INTE~WEST ON OUTSTANDING INDEBTEDNESS
Bond No. !6i to No. 168,
both~ inclusive ~
Bond No. 181 to NO. 183,
both' inclusive $
Bond No. 201 to No. 211,
both inclusive $
Bond No. 229 to Nb. 23V~
both inclusive.
( C out inued)
1.0990
Bond No. 184 to N6. !88~
both inclusive.
.0632-
BonO. No. 263 to NO. 268~.
both inclusive;
Bond No. 291 to NO. 294,
bOth inclusive.
.,1263
Bond NOo 295 and N0. 319
Bond No. 342 to Nb. 348,
both inclusive.
.1263
Bond No. 320 to N0. 324
both inclusive.
e0632
Bond No. 3V6 to NO. 380,
both inclusive.
e0632
Bond No° 405 and. No. 406
,0253
Bond No. 40V
Bond No. 408 and No. 409
.0126
°0253
Fifty per cent (50%) of
Interest at Six per cent~
for one year, due Octobe~
1st, 1933~ on the following
numbered Bonds, which Bonds
were issued by the Town of
Boynton, Florida, under date
of October 1st, 1926, of '~hich
issue there is Outstanding and
unpaid $134,000.00 in principal
amount, together with overdue
and accr~aed interest~ Bonds No.
I to No. 4, both inclusive~
having matured during the year
1931, and Bonds No. 12 to No. 14,'
both inclusive~ having n~atured
during the year 1932; therefore
these Bonds have no interest
Coupons annexed:-
Bond No. !
,0253
Bond No. 12 to No. 14,
both inclusive.
,0V59
INTEREST ON 0UTSTANDZNG INDEBTEDNESS
Bond No. 2 to No. 4,
both inclusive.
(continued)
,0759
Fifty per cent (50%) of
Interest Co-~oon No. 9~
due April 1st, 1953, from
Bonds issued by the Tovm
of Boynton, Florida, ~mder
date of October !st~ 1928~
of which issue there is
outstanding and ~mupaid
$298~000o00 in principal
sm~ount, together with over-
due and accrued in~erest,
which Bonds are nu~oered
as follows:-
Bond No. 14 to No,
both.inclusive;
Bond No. 48 to No. 315~
both inclusive°
3,7635
Fifty per cent (50%) of
interest Coupon No. 10,
due October 1st, 1933~
from Bonds issued by the
Tovm of Boynton, Florida,'
under date of October 1st,
1928, of which issue there
is outstanding and unpaid
$298~000.00 in principal
amount, togetlaer with over-
due and acorn, ed interest~
vf_aich Bonds a~e numbered
as follows:-
Bond No. 14 to No, 43,
both inclusive;
Bond No. 48 to No; 315~
both inclusive.
3,V635
Fifty per cent (50%) of
Interest at eight per cent~
for one year~ due November
29th, 1932 on Judgement
entered in the U. S. District
Co~t at Eiami, Florida~ in
favor of the ~;~,~ite Construction
Company, under date of November
29th, 1929, in the sum of
$231,295o52~ in principal
amount, together with over-
due and accrued interest, v. Vgl~
Interest at eight per cent
for One year~ due I~ay 1st,
1933, on Lien C~rtificates
of Indebtedhaess, dated
May 1st, 1928, of which
INTE~ST ON 0UTSTAA~ING INDEBTEDNESS
there is outs~anaLuo and
~mnpaid- ~23~85V. 84 in principal
amount, together with
overdue and accrued interest.
TOTAL MILLAGE FOR INT~_~_ ON
OUTSTANDING
(Cont inued )
!.60V3
26~ 1836 Mills
P~DEMPTION OF OUTSTANDING IND~TEDNESS
Fifty per cent (50%) of
Bond No. 5~ issued by tho
Town of Boynton,.F!orida,
under date of October lst~
1923, due October !st, 1933.
Fifty per cent (50%) of
Bond No. 4~ issued by ~the
Town of Boynton, Florida~
under date of October tst~
~1924, due October Ist~ 1933.
Fifty per cent (50%) of
Bon~os N . 21 to No. 24~
both inclusive, issued by
the Term of Boynton~ Fiorida~
under date of October-lst~
!926~ due October !st, !933.
Fifty per cent (~0%) of
Bonds No. 21 t5 No, 30~
both inclusive, issued by
the Town of Boynton~ Florida,
~mde~ date of October Ist,
1928~ due OctobeP !st~ 1933~
o183V
.183V
.V549
!,83V3
Ten per cent of Lien Certificates
dated ~y ~st~ 1928~ dna
May !st~ 1933. .8768
TOTAL MILL~.GE FOR REDEMPTION OF
0UTSTAlfDiNG INDEBTEDNESS.
TOTAL MILL~,(GE
3.8164 Ellis
40.0000
5. That the Treasurer of the Town of Bo~ato~Paim Beach
County~ Florida be and he hereby is DJuthorized~ Instructed and
Directed to set aoart in separate fuaads the proper pro-rata
portion of all sums of money i~ereinafter 'collected~ in com-
pliance with the Tax levy hereinabove set forth for the fiscal
year beginning November Ist, !932, and ending 'October 31~ 1933~
the said amc-rants so ~utz~o_ mze~, directed and instam~.cted to be
set aside in separate ~und. s to be ~sed exclusively for the pay-
ment of each individual iter~of interest on the Outstanding In-
debtedness and Redemption of the Principal of the Outstanding
Indebtedness as herein~LbOVe specifically set forth.
BE IT FURTH~ER 0~D~
~nat the passage
0R~DINANCE is urgent an
vation of the public
~Ii~ED~
~nd adoption of tlae above and foregoing
is essential to the immediate preser-
ac~ of the Tov~m of Boynton, Florida~
by reason of the same providing funds for the proper adminis-
tration of the affairs of said Town~ and that an emergency does
exist for the immediate passage mud adoption of s~_ch ORDINANCE,
BE IT FURTHER 0RDAINED~
That the above and foregoing 0RDINANCEBEING AN ORDINANCE
Fixing a Tax rate or making a Tax Levy for General expense and
Sinking F~md and Interest Requirements upon the Ir_debtedness of
the Term of Boynton, Palm Beach County, Florida, for the fiscal
~a_ng October 31~ i933~
year begin.ning November I, !9'3S and
be ~nm the same hereby is PASSED Ai\~ ~0PTED this Eleventh day
of 0ctober~ a.D. ~ 1932, being a Special Meeting of the
mission of the Tovm of Boynton~ and being the Meeting at v~ioh
the sams was introduced,
(Signed) H.D. S~VEl~S
( Si gned )
FRANK NUTTING
(Signed) J.P. BOWEN
Tcl~m Con, missioners of the Tow~ of Bo~mton,
Passed and g~dopted th s the ~zghueenth day of October A.D. t932.
(Signed) H.D. STEVENS
Signed)
P R~&NK NUTTY? G
(Signed) J.