HomeMy WebLinkAbout6/16/1959•
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TUESDAY, JUNE 16, 1959.
The Board of County Commissioners of Indian River County, met at the Courthouse,
Vero Beach, Florida, in a regular meeting held at 9:00 o'clock A. M., Tuesday, June 16, 1959,
Present were Chairman Robert W. Graves, Memberg, J. J. P. Hamilton, D. B. McCullers, Jr.,
and Dr. B. Q. Waddell. Absent was Donald Macdonald. Also present were George Heath, Attorney,
sitting in for Sherman N. Smith, Jr.; Ed Schmucker, County Engineer, and Katherine Morrison,
Deputy Clerk.
Homer Fletcher appeared before the Board and said that due to the numerous sales
and exchanges of property he would like to advertise the equalization meeting for the 21st.
of July. Upon Motion made by Commissioner Waddell, seconded by Commissioner McCullers and
unanimously carried, the following Resolution was adopted:
R E S O L U T I O N
WHEREAS, the County Assessor of Taxes has advised this Board that due to the
numerous sales and exchanges of property in this County and the addition of many items on
the tax assessment roll required by virtue of subdividing bf lands in the County, that further
and additional time is required for the completion of the assessment roll for the year 1959;
Now therefak,
BE IT RESOLVED by the Board of County Commissioners of -Indian River County, Florida,
that the time for completion of the assessment rolls of Indian River County, Florida, for the
year 1959 and the time for the equalization meeting is herewith extended to and fixed for the
21st day of July, 1959.
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The Chairman presented an Option and Contract for Sale and Lease to the Board
whereby the County will lease 2 lots in Ambersand Beach S/D from Roland Miller for a public
beach. Said lots are located 275 feet North of the Indian River County Line in Brevard County
and the property extends from Ocean to River. The Chairman also requested that if the Board
was in agreement a resolution be adopted: After some discussion in the matter and upon Motion
made by Commissioner Hamilton, seconded by Commissioner Waddell and unanimously carried,
the following Resolution was adopted:
R E S O L U T I O N
BE IT RESOLVED by the Board of County Commissioners of Indian River County, Florida,
that this Board does herewith find and determine that it is essential that this County acquire
lands for public purpose for use as a public park beyond the limits of said County and to
expend public funds for the purchase, maintenance and gquipment of recreational facilities for
the benefit of the citizens of this County; and,
BE IT FURTHER RESOLVED that this Board does herewith determine that the land to
be so purchased for such purpose is the following described property, situated in Brevard
(County, Florida, to -wit:
and,
Lots 6 and 7, AMBERSAND BEACH No. 1, according
to the plat thereof as recorded in Plat Book 3,
page 76, of the public records of Brevard County,
Florida.
Subject to the easements for State.road rights of ways
as the same exist of record;
BE IT FURTHER RESOLVED that said County shall lease the above described lands which
said lease shall contain an option to said County to purchase the above described lands, al
in accordance with a form of such agreement submitted herewith and hereby approved; and
BE IT FURTHER RESOLVED that the sum of $1,250.00 be forthwith paid to the owner,
Roland B. Miller, in consideration of the terms of said agreement and that the Chairman and
Clerk of this Board are herewith authorized and directed to make, execute and deliver said
agreement as the act and deed of said County, to affix thereto the corporate seal and to do
any and all things necessary in order to consummate said agreement according to its terms.
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The above resolution authorizes the signing and delivery of the following:
OPTION, CONTRACT FOR SALE AND LEASE
ROLAND B. MILLER and MARTHA T. MILLER, his wife, of Vero Beach, Florida, the Owner,
in consideration of the sum of $1,250.00 received from the Board of County Commissioners of
Indian River County, Florida, acting for and upon behalf of Indian River County, a political
subdivision of the State of Florida, whose Post Office address is Vero Beach, Florida, the
Buyer, does herewith give the Buyer the privilege of purchasing within the time hereinafter -if
stated for the purchase price of $11,856.25 (of which the consideration paid for this option,
is not, repeat not, a part), the real property- in Brevard County, Florida, described as
follows:
Lots 6 and 7, A*BERSAND BEACH No. 1, according to the plat
thereof as recorded in Plat Book 3, page 76, of the public
records of Brevard County, Florida
Subject to the easements for State road rights of ways
as the same exist of record;
and agree that:
1. The Buyer may elect to exercise this option by notifying the Owner in writing at
any time prior to March 1, 1960, and thereupon, within 30 days after the giving of such notice,
the Owner shall pay for and deliver to the Buyer evidence of title in the form of an abstract
of title prepared by an abstractor licensed to to business in Brevard County, Florida, pur-
porting to be an accurate synopsis of the instruments affecting the title to that real property
recorded in the public records of that County to the date of the exercise of said option,
showing the title to be conveyed to be good and marketable.
2. If the evidence of title shall meet the requirements above specified, the Buyer
shall have 30 days after delivery thereof to pay the purchase price. If the Buyer shall not do
so within that time, the Owner shall have the option of compelling the Buyer to do so or of
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(terminating this contract, and if the Owner shall elect to terminate this contract, the amount
(paid as consideration for this contract shall not be refunded, but shall be retained as
liquidated damages.
3. If the evidence of title shall not meet the requirements above specified, and the
Buyer shall so notify the Owner in writing within 30 days after delivery,specifying the defects,
the Owner shall have 30 days after receipt of that notice to cure the defects, and will in good
,faith exercise due diligence to do so. If the defects are cured within that time, the Owner
shall so notify the Buyer in writing and the Buyer shall have.30 days after receipt of that
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notice to pay the balance of the purchase price; and if the Buyer shall not do so within that
time, the Owner shall have the option of compelling the Buyer to do so or of terminating
this contract, and if the Owner shall elect to terminate this contract, the amount paid as
consideration for this contract shall not be refunded, but shall be retained as liquidated
damages, If the defects are not cured within that time, the Buyer shall have 30 days after
expiration of that time to pay the balance of the purchase price notwithstanding the defects;
and if the Buyer shall not do so within that time, the Owner will promptly refund the full
amount of the consideration paid for this contract, and this contract shall terminate.
4. Upon receipt of the balance of the purchase price within the time allowed,
the Owner will promptly execute and deliver to theBuyer a good and sufficient warranty deed,
containing all the usual common law covenants of title, conveying that property to the Buyer
in fee simple.
5. Either party failing to comply with the terms of this contract will pay all
expense, including a reasonable attorney's fee, incurred by the other party because of that
f allure.
6. Ad valorem taxes for the year in which the balance of the purchase price is
paid will be paid by the Buyer. The premium on,any hazard insurance policy in force covering
any improvements on the property will be prorated between the parties or the policy will be
cancelled, as the Buyer may elect. All prorating will be as of the date the balance of the
purchase price is paid.
7. Costs and charges incident to this transaction will be paid as follows:
Contract for sale Buyer
Deed Buyer
Note and mortgage None
Stamps on deed Buyer
Stamps on note None
Tax on mortgage None
Recording deed Buyer
Recording mortgage None
Abstract of title Seller
Examination of Abstract Buyer
Title insurance None
8. Possession of the property -shall be transferred from the Owner to the Buyer
simultaneously with delivery of the warranty deed and payment of the.balance of the purchase
price.
9. In the interpretation of this contract the singular shall be the plural and
vice versa whenever the context requires or common sense admits.
10. The Buyer may have the property surveyed and the corners thereof established
by a registered land surveyor, at the expense of the Buyer. Encroachments either way across
the boundary lines of the property or violated building restrictions, set -back lines or givern-
Imental zoning ordinances or resolutions X11 ipso facto make the title to be conveyed to be
bad and unmarketable.
11. Mortgages, liens and other encumbrances on the property, when specified as defec
by the Buyer, may be satisfied by the Owner simultaneously with delivery of the warranty deed
and payment of the balance of the purchase price, provided that proper satisfaction instruments
and the cost of recording the same are then and there delivered to the Buyer.
12. Neither public utility easements on, in or under not larger than five - foot
strips along the rear or side boundary lines of the property nor unviolated restrictions or
covenants imposing no greater restrictiona-of use than is imposed by existing governmental zoning
ordinances and resolutions shall be deemed defects in title, provided, however, that any right
or reverter or condition with right of re-entry for breach shall be deemed a defect in title.
13. They Buyer will pay the balance of the purchase price by cash to the Owner at
the time of closing and delivery, of deed as hereinabove provided.
14. In consideration of the sum of money paid by the Buyer to the Owner as herein-
before set forth, the Owner does hereby lease to theBuyer all of the property described in
this document, to have and to hold the same for the term of 9 calendar months, beginning on the
16th day of June, 1959, and terminating on the 16th day of March, 1960, and the Owner does here-
with acknowledge receipt of full payment of all of the rent due for that term. The Buyer agree,
,to quit and deliver up said premises at the end of said term unto the Owner.
IN WITNESS WHEREOF, the Owner has hereunto set their hands and seals and the Buyer
has caused these presents to be executed in its name by its Chairman, attested by its Clerk
and its corporate seal hereto affixed, by due authority, in duplicate, either of which may be
(considered an original, on this 11th day of June, 1959.
lsl Roland B. Miller (SEAL)
Roland B. Miller
lsl Martha T. Miller (SEAL)
Martha T. Miller
INDIAN RIVER COUNTY, FLORIDA
By: Its Board of County.Commissioners
By: lsl Robert W. Graves
Its Chairman
Attest: DOUGLAS BAKER,
by Katherine Morrison
Deputy Clerk of the Circuit Court,
Indian River County, Florida
Signed, sealed and delivered in
the presence of:
Sherman N. Smith Jr.
Camille W. Knight
(As to the Owner)
Katherine Morrison
George Heath
( As to the Buyer)
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4671
•e
STATE OF FLORIDA
COUNTY OF INDIAN RIVER
Personally before the undersigned official, authorized to administer oaths, this
day Appeared Roland B. Miller and Martha T. Miller, his wife, to me well known to be the
individuals described in and who executed the foregoing instrument, and they each acknowledged
before me that they executed the same for the purposes therein expressed.
IN WITNESS WHEREOF, I have hereunto set my hand and official seal at Vero Beach,
said State and County, this 11th day of June, 1959.
/s/ Camille W. Knight
Notary Public, State of Florida at
(N.P.SEAL) I*rge. My commission expires: July 13, 1961
The Board further wishes to publicly thank Roland Miller for the time and effort
he has given in securing this land for a public beach. The Board further appointed Sidney
Wynn of Gifford as chairman of a committee to secure manpower and funds for improvements at
the park site. The Chairman further stated that R. D. Carter Engineering Firm and Lloyd &
Associates will donate their services for surveys and development plans. Reed Knight, Swords
Bros. McDougal Co, Jeff Waters and Fred Tuerk will donate bulldozer time and Bill King, well.
driller will put down a three-inch flowing well. Mr. Fred Tuerk also gave a check to the
Board of $1,000.00 to help finance the improvements.
VERO BEACH PRESS -JOURNAL
Published Weekly
Vero Beach, Indian. River County, Florida
COUNTY OF INDIAN RIVER:
STATE OF FLORIDA
Before the undersigned authority personally appeared J. J. Schumann, who
on oath says that he is Business Manager of the Vero Beach Press -Journal, a weekly
newspaper published at Vero Beach in Indian River County, Florida; that the attached
copy of advertisement, being a ,a--
in the matter of 7 0 000
In the _ Court, was pub-
lished in said newspaper in the issues of
Affiant further says that the said Vero Beach Press -Journal is a newspaper published at
Vero Beach, In said Indian River County, Florida, and that the said newspaper has heretofore
been continuously published in said Indian lover County, Florida, weekly and has been entered
as second class mail matter at the post office In Vero Beach, in said Indian River County, Florida,
for a period of one year next preceeding the first publication of the attached copy of advertisement;
and affiant further says that he has neither paid nor promised any person, firm or corporation
any discount, rebate, commission or refund for the purpose of securing this advertisement for
publication in the said newspaper.
Sworn to and subscribed before me this
(Clerk of
A. D. 19 J •• l—
(Business Manager)
1Viarch 3, -1959. The - bonds are to
33Ibe issued for the purpose 'of paying
the cost of constructing and equip -
,Ping a public hospital for said
County.
Each bid must be accompanied
by a certified or cashier's or treas-
urer's check drawn upon an in-
�corporated bank or trust company
<.in the amount of $15,000 payable
to the order of the County. No in-
(terest will be allowed upon the'
I good faith deposit of the success -
o ful bidder.
t The legality of said bonds will
f be approved by Messrs. Caldwell.,
i Marshall, Trimble & Mitchell, 115
Broadway, New York City, whose!
iopinion as to the legality of said
11
bonds will be delivered free of
"charge to the purchaser or pur-
chasers of said bonds together with
t an executed no -litigation certificate
in the customary form dated as of
i the date of the . delivery of and
Payment for said bonds.
1 All bids must be unconditional.
iJ Bids should be enclosed in a
y sealed envelope, marked on the
outside "Bid for Indian River
1 County Hospital Bonds" and ad-
dressed to the Circuit Court Clerk,
1 ex officio Clerk of the Board of
1 County Commissioners.
pThe County reserves the right
to reject any and all bids and anyi
1( bid not complying with the pro -
1 visions hereof will be rejected.'
Vlore definite and detailed unfor-,
j mation may be had upon applica-I
tion to the undersigned.
/s/ Robert W. Graves
a: Chairman, Board of Countyi
j Commissioners of Indian Riverj
Ito County, Florida
yJune 4, 11, 1959.
;opuaplb' 40de6-1eW — MON
1apu0m • 4r oeuoaaw P:iem
The foregoing Notice for $750,000.00 hospital bonds was read and all bids received
• 11 were opened and read. The Chairman then turned the bids over to Marshall 0. Mitchell, I1
Attorney for the Hospital Trustees and requested that he tabulate the bids and report back to
the Board their recommendations.
in was pub-
the- - Court,
NOTICE OF $ALE.
VERO BEACH PRESS -JOURNAL
I couNTY of IN IAN R(vER,
Published Weekly
FLORIDA
lished in said newspaper in the issues of _._._ ...._ __-.-__ _____.____
s''0'M I
MO$pITAL agND$
Vero Beach, Indian River County, Florida
sealed P'o"saia w+11 e ,teemed
_
by the TO -1 of County Commis-
aioners of the county of bidian
COUNTY OF INDIAN RIVER:
River, Florida, until and publirlyj
STATE OF FLORIDA
:opened et nine o'clock A. M.
-
ern st dard Tim) o the 16th
Before the undersigned authority personally appeared J. J. Schumann, who
day in June'1959, t kh idliee of
the
on oath says that he is Business Manager of the Vero Beach Press -Journal, a weekly
e t Court cl k, cx oeacm
Clerk of the Board of county com-11
newspaper published at Vero Beach in Indian River County, Florida; that the attached
s," ncrs, in his Office in the
IC
Cr
rth se at Vero Beach, Flor da,'.
copy of advertisement, being a --.. _ _. !`!.�' ___._.._.,_. _.._-_-_.
t th pu cn $e of all but not less
than oil, Of Sven ,, ndred Fifty
V
'� n ��
S -
Tho"d D 71 rs ($750,000) pC ct-
pal a at oP tai Bonds of-
Bpaid
--- ____. in the matter of — q � O _L"_�!!�
r
C ty in the dencourm,lon of
any discount, rebate, commission or refund for -We purpose of securing this advertisement for
0Thonaand Doll is 1$1,090) each.
dated February 1, 1959, and mato,-
_______.._____..__._..__.--___---._ _._---__ ..__.... .- _ _
mg 1n numerical order, OR Febrw1
1977
cry I in the years and amounts as'
;follows:
la -18 ._ _ 40.000
_ "_ _ "- 45'000
45,009
in was pub-
the- - Court,
'
Year ....Amount
lished in said newspaper in the issues of _._._ ...._ __-.-__ _____.____
1$64 ap,099I
90 65 _ _......._. 25,000
1966 25,0001
II
..
------------ __ __._ _ ._...--_ ................
196_ 25,000'
1968
V
i959.
Affiant further says that the said Vero Beach Press -Journal Is a newspaper published at
160 .. ,.._ 30,096
-
Vero Beach, in said Indian River County, Florida, and that the said newspaper has heretofore
7971 ...._____:-:._.__._e: 30,000
been continuously published in said Indian River County, Florida, weekly and has been entered
1972 ._.__..__. _.:...._._. ___�_ ;30,000!.
as second class mail matter at the post office in Vero Beach, in said Indian River County, Florida,
797; -_ �..._- . _.r :ammo
for a period of one year next preceeding the first publication of the attached copy of advertisement;
1074 ._ _ 35,000
i.
and affiant further says that he has neither paid nor promised any person, firm or corporation
1075 .. _ 35,000
any discount, rebate, commission or refund for -We purpose of securing this advertisement for
1976 ,_ 36 OOp
C
publication in the said newspaper.
1977
tp.�`ja��aS� � -
Sworn to and subscribed before me thL -_ 1-:_....__ y of .. U A. D. -19J.Q -
U
la -18 ._ _ 40.000
_ "_ _ "- 45'000
45,009
'
,@sl e,. 45,000
(Business Manager)
1983
1904 _. _. 50,0001I
(y„_.,k�-..
__. .��:3./,_.. _
�te
The bonds maturing in Tails and
#l@p`4 -a in of redeemable prior t4.I1�
_
- (Clerk Circuit Court, Indian River County, Fler
t&eir stated dates of maturity. The
f
tibnds ma -mg m the yeara 1965
(SISAL)
ftp 1964 both inclusive, ar•e r,
dcemabl, prior to their asitad dates
of msturny, at the option of the
C.-ty, in whole or m part but 1,
�---. ---
bi-se num-1-1 order if lees than -^
-..
all, on February 1, 1964, or on any
-
---t payment date thereafter,
at the principal amount thereof,
Plus accrued interest to if,. date
The foregoing Notice for $750,000.00 hospital bonds tea,' f r redemption' pia$ the fbi-,ds received
d1p buf premiums, expressed as
flucroeritage of the par value pf any
tdeemed t]re. co d cf
were opgned and read. The Chairman then turned the bids over t�eb d d e rlo erred, u re- ell,
sears:
Four per eevFPm (47') iP 1964
inclusive: sort back to
ie Three
Attorney for the Hospital Trustees and requested that he tabula amre Per centum (�,) in 1963 to
1971, inclusive; 1P
TH'a per centum (29,) in 1972 to
the Board their recommendations.
75, inclusive:.
t9ane
per certum_(i%) ;n, 1975 to
1980, inclus,ve:
—P—Leo. Do" or trust Company.
in the amount of $15,000 payable
to the order of the County. No in-
terest will be allowed upon the
good faith deposit of the Success-
ful bidder..
The legality of said bonds will:.
be approved by Messrs. Caldwell,
Marshall, Trimble & Mitchell, 115
Broadway, New York City, whose
opinion as to the legality of said
uonds will be delivered free of
charge to the purchaser or pur
,chasers of said bonds together with
lan execut€d no-litigation certificate
in the customary form dated as of
the date of the delivery of and
Payment for said bonds.
All bids must be unconditional.{
Bids should be enclosed in a;
seated envelope, marked on the;
outside `Bid for Indian River
County Hospital Bonds' and ad
dressed to the Circuit Court Clerk,;
ex officio Clerk of the. Board of
County Commissioners.
The County reserves the right
to reject any and all bids and any
bid not complying with the pro-
visions hereof wilt be rejected.
More definite and detailed infor-
mation may had upon applica-
tion to the undersigned.
/s/ Robert W. Graves
Chairman, Board of County
Commissioners of Indian River
County, Florida
June 4, 11, 1.959.
The Clerk presented a Resolution to the Board authorizing-a notice' eb pub
for a public hearing as to whether or not a tax levy be made for an addition to the Courthouse.
Upon Motion made by Commissioner Hamilton, seconded by Commissioner Waddell and unanimously
carried, the following resolution was unanimously adopted:
R E S O L U T I O N
I WHEREAS, the Board of County Commissioners of Indian River County, Florida, has given
consideration for many months to the necessity of this Board of erecting an addition to the
County courthouse; Now, therefore,
BE IT RESOLVED by the Board of County Commissioners of Indian River County, Florida,
this Board does herewith deem it necessary to erect an addition to the County Courthouse; and
BE TT FURTHER RESOLVED that public notice shall be -published in the Vero Beach Press
Journal, a newspaper of general circulation published in said County and that at the next
regular meeting of this Board after the publication of said Notice, such question or questions =.
shall_ ,bet-actedf upon by this Board and that if at said meeting a majority of this Board shall
determine that it is necessary to erect said building, that this Board may then levy a building
tax not exceeding five (5) mills per annum for not more than thirty (30) consecutive years in
lieu of all other County building tax and that all persons wishing to be heard will be heard
at the next regular meeting of this Board to be held on July 21, 1959, at 9:00 o'clock A. M.
in the offices of said Board in the Indian River County Courthouse, Vero Beach, Florida.
Mr. Cory Walker, President of the Indian River Bar Association was recognized and
presented a letter to the Board recommending that the Board include in its 1959-60 budget
sufficient funds to construct an addition on the North end of the Courthouse and further
requesting that the second floor addition be reserved for court purposes. The Board told
IMr. Walker they would take all of this into consideration in setting up next year's budget.
Mr. Walker also presented a request from the Indian River County Library Association
for an annual appropriation of $4800.00.
up with the other budget items.
The Board informed Mr. Walker this would be taken
Mr. Mitchell, Attorney for the Hospital Trustees stated they had tabulated the bids
which were as follows:
Bid by B. J. Van Ingen & Co., Inc. - Hirsch & Co., Clement A. Evans & Co., Inc.
and Allison Williams Co. - offered to pay $735,061.50 together with accrued interest
from the date thereof to the date of delivery thereof, for said Bonds bearing
interest at the rate of 4k% on the Bonds maturing in the years 1963 to 1984,
inclusive, being a net interest cost of $529,613.50
Bid by John Nuveen & Co. and Leedy, Wheeler and Alleman, Inc. - offered to pay
the sum of $735,000.00 together with accrued interest thereof to the date of
delivery thereof, for said bonds bearing interest at the rate of 4k% per annum
on the Bonds maturing in the years 1963 to 1978, inclusive, at the rate of 4.40%
per annum on the Bonds maturing in the years 1979 to 1983, inclusive, and at
the rate of 4k% per annum on the Bonds maturing in the year 1984, being a net
interest cost of $537,130.00.
Bid by Merrill Lynch, Pierce, Fenner & Smith, Inc., Goodbody & Co., and Herby J.
Sims & Co., Inc. offering to pay the sum of $735,225.00, together with accrued
interest from the date thereof to the date of delivery thereof, for said Bonds
being interest at the rate of 5% per annum on the Bonds maturing in the years
1963 to 1966, inclusive, at the rate of 4 per annum on the Bonds maturing in
the years 1967 to 1975, inclusive and at the rate of 4k% per annum on the Bonds
maturing in the years 1976 to 1984, inclusive, being a net interest cost of
$5532975.00
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further presented a Resolution of the Trustees of Indian River County Public Hospital, re -
Awarding $750,000.00 for Hospital Bonds to B. J. Van Ingen & Co., Inc. & Associates.
ter some discussion in the matter and upon Motion made by Commissioner Hamilton, Seconded by
sioner McCullers and unanimously accepted the following Resolution was adopted:
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF
INDIAN RIVER COUNTY, FLORIDA, AWARDING $750,000
HOSPITAL BONDS.
WHEREAS, pursuant to notice heretofore duly published for the sale of $750,000
ital Bonds, dated February 1, 1959, the following sealed proposals have been received:
The proposal of B. J. Van Ingen & Co., Inc., Hirsch & Co., Clement A. Evans & Co.,
Inc. & Allison Williams Co. offering to pay the sum of Seven Hundred Thirty -Five Thousand
Sixty -One and 50/100 dollars ($735.061.50), together with accrued interest from the date thereof
to the date of delivery thereof, for said Bonds bearing interest at the rate of
centum (4 1/4 %Q) per annum on the Bonds maturing in the years 1963 to 1984, inclusive, at
the rate of per centum ( %) per annum on the Bonds maturing in the years to
inclusive and at the rate of per centum ( %) per annum on the Bonds maturing in
the years to , inclusive, being a net interest cost of $529.613.50.
The Proposal of Merrill Lynch, Pierce, Fenner & Smith, Inc., Goodbody & Co., and
J. Sims & Co., Inc. offering to pay the sum of Seven Hundred Thirty -Five Thousand Two
d Twenty Five dollars ($735,225.00), together with accrued interest from the date thereof
Ito the date of delivery thereof, for said Bonds bearing interest at the rate of five per centum
�(5%) per annum on the Bonds maturing in the years 1963 to 1966, inclusive, at the rate of four
and one-quarter per centum (4kjL) per annum on the Bonds maturing in the years 1967 to 1975, in-
lusive, and at the rate of four and one-half per centum (4�%) per annum on the Bonds maturing
in the years 1976 to 1984, inclusive, being a net interest cost of $Five Hundred Fifty Three
Nine Hundred and Seventy -Five Dollars ($553,975.00)
The Proposal of John Nuveen & Co., and Leedy, Wheeler and Alleman, Inc., offering
oto pay the sum of Seven Hundred Thirty Five Thousand and 00/100 ($735,000.00) together with
d interest from the date thereof to the date of delivery thereof, for said Bonds bearing
interest at the rate of Four and one-quarter per centum (4k%) per annum on the Bonds maturing
in the years 1963 to 1978, inclusive, at the rate of Four and 40/100 per centum (4.40%) per
annum on the Bonds maturing in the years 1979 to 1983, inclusive, and at the rate of Four and
1/4 per centum (k%) per annum on the Bonds maturing in the years 1984 to , inclusive,
being a net interest costo $Five Hundred Thirty Seven Thousand and One Hundred Thirty Dollars
1($537.130.00)
WHEREAS, the proposal of B. J. Van Ingen & Co., Inc., Hirsch & Co., C.ldment-&4.!EvansG
&r.C9.°y!.1,nc., and Allison -Williams Co., referred to in the preambles hereof, is the highest and
st advantageous of said bids, and in all other respects complies with said notice of sale;
therefore,
FOLLOWS:
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA,
Section 1. That the proposal of B. J. Van Ingen & Co., Inc., Hirsch & Co., Clement
. Evans & Co., Inc., and Allison -Williams Co. referred to in the preambles hereof, be and the
same is hereby accepted, and the following described Bonds of the County of Indian River,
2
be and they are hereby awarded and sold to the said purchaser referred to in the preambles
$750,000 - HOSPITAL BONDS, dated February 1, 19592
numbered 1 to 750, inclusive, in the de-
nomination of $1,000 each, bearing interest
at the rates per annum (payable February 1
and August 1 of each year) and maturing on
February 1 of each year in the years and
amounts as follows:
Interest Rate
ear Amount Per Annum
Interest Rate
Year Amount Per Annum
963
$200000
4k
%
1974
$35,000
4k %
964
203,000
4'k
%
1975
35,000
4k %
965
25,000
k
%
1976
35,000
4k %p
966
25,000
4k
%
1977
40,000
4k %
967
25,000
4k
%
1978
409000
4k
968
251,000
4k
%
1979
40,000
4k %
969
309000
k
%
1980
45,000
4k %
970
303,000
4k%
%
1981
45,000
4k %
971
302000
4k
%
1982
45,000
4k %
972
30,000
4k
%
1983
50,000
4k %
973
30,000
4k
%
1984
50,000
4k %
Section 2. That the proper officers of the County be, and they are hereby authorized
and directed to execute said Bonds when prepared and to deliver same to said purchaser upon
payment of the purchase price therefor pursuant to the conditions stated in the notice of sale,
without further authority from this Board of County Commissioners.
Section 3. That the Clerk of the Circuit Court of Indian River County and ex officio
Clerk of the Board of County 'Commissioners be and he is hereby authorized and directed to
return forthwith the good faith checks of all unsuccessful bidders.
Section 4. This resolution shall take effect immediately.
Troy E. Moody, Tax Collector, submitted the E & I Intangible Roll for approval and
upon Motion made by Commissioner Hamilton, seconded by Commissioner McCullers and unanimously
carried, said roll was approved.
The Chairman noted that a copy of a letter written to Mr. Grotegut of the State Road
Department in Tallahassee from Mr. Turner, one of the Trustees of the Florida East Coast
Railway was received but as yet not word had been received by the County as to whether or not
the State Road Department had accepted the proposal of the Florida East Coast Railroad.
The Deputy Clerk read an excerpt from the Minutes of the Planning and Zoning Board
tentatively recommending to the Board of County Commissioners that all of the area lying Westof
6th Avenue, South of 11th Street, East of an extension of 7th Ave. and North of 10th Street
be rezoned from R-2, Single Familty District to C-1 Commercial District, `Upon Motion made by
Commissioner Waddell, seconded by Commissioner McCullers and unanimously carried, the Board
tentatively approves the recommendation of the Planning and Zoning Board and directs them to
hold a public hearing thereon.
The County Attorney stated that Mr.- Walter J. Garrity owning property on Glendale
settle for $100.00. Upon Motion made by Commissioner Waddell, seconded by Commissioner
Hamilton and unanimously carried, the Board agrees to settle with Mr. Garrity for aright of
way across his property on Glandale, SRD #20, by paying Mr. Garrity $100.00 in lieu of all
other compensation and costs.
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The Chairman stated that Mr. George S. Owen of the Wabasso Civic Club called and
requested that the Board of County Commissioners pay the salary of the lifeguard at Wabasso
Beach for the next two or three months. After some discussion in the matter and upon Motion
made by Commissioner Waddell, seconded by Commissioner McCullers and unanimously carried,
the Board requested the Deputy Clerk write Mr. Owen and inform him that in as much as this
item has not been included in the present budget that they are unable to pay for a lifeguard
at this time and if he would like such an item included in the 1959-60 budget that he should
submit a formal request in writing by June 30th.
A letter was received from Indian River Hospital requesting the $15,000.00 in race
track funds which was included inour current budget to be paid to the hospital. The Deputy
Clerk stated that all race track funds included in the current budget had not been received
and at the present we had collected all but $2,500.00. Upon Motion made by Commissioner Waddell;
seconded by Commissioner McCullers and unanimously carried, the Board authorized that a payment
be made to the hospital of $12,500.00 and that a letter be written to Mr. Paul Goodridge that
our collections were short and at such time that the balance was received that a further check
would be forthcoming.
A letter was read from Mrs. Anne Christensen requesting a six months leave of
absence beginning July 1st or as soon after that date as a replacement can be found. Upon
Motion made by Commissioner Waddell, seconded by Commissioner Hamilton and unanimously carried,
the Board granted Mrs. Christensen's request for a leave of absence to start as soon as a
replacement is available.
A letter was received and read from Reynolds, Smith & Hills, Architects and
Engineers stating that they have been retained by Brevard County Commissioners to represent
them on water control matters with the Flood Control District and Corps of Engineers and
suggesting that since we have a lot of land in the upper St. John's River basis that our Board
wish to also retain them. After some discussion, the Board decided to file the letter
for the present.
Forrest McCullars, County Agent, submitted his budget for the coming year and the
Board ordered same filed until such time as they started work on the budget.
Upon Motion made by Commissioner Waddell, seconded by Commissioner McCullers and
imously carried, the Clerk was asked to write a memorandum informing all offices to submit
a budget for the coming year to the Clerk by June 30, 1959.
Mr. Dave Albrecht developer of Albrecht Grove Subdivison appeared before the Board
requested help from the Board in the amount of $1,000.00 to pay for the surfacing of the
into his subdivision from Road 60, which was the right of way for Road 60 before it was
igned. The Board after some discussion decided not to make any decision at this time.
Mrs.. Anne Christensen, County Welfare Worker appeared before the Board and gave
report of her activities for the month of May and said report was ordered filed.
The County Engineer gave a report as to progress of several secondary road
rojects and U.S #1.
The County Engineer further stated he would like to get tentative approval from the
Board for a proposed Plat on some land located on 20th avenue and 12th Street approving said
plat without a park area by reason of the proposed subdivision containing less than 7 acres
and being "L" shaped. Upon Motion made by Commissioner McCullers, seconded by Commissioner
Waddell and unanimously carried, the Board tentatively approves this proposed new subdivision
lwithout a park area.
Chairman Graves stated that Barney Savage was living on a County right of Way off of
Oslo Road out on what would be approx. West Ranch Road if the road was put through and he
thought we should have him removed. He further stated that Fred Tuerk would let him live on
(his land since he did work from time to time for Mr. Tuerk. After some discussion in the
matter and upon Motion made by Commissioner McCullers, seconded by Commissioner Waddell and
unanimously carried, the Board requested that the Sheriff be notified to move Barney Savage off
the County right of way.
Upon Motion made by Commissioner McCullers, seconded by Commissioner Hamilton
and unanimously carried, the following Resolution was adopted:
R'E'-,S OLUT ION
WHEREAS, there is a total surplus of $2,000.00 in the General Revenue Fund of Indian
River County under some items and which surplus exists after the payment of all necessary
expenditures under such items for the current fiscal year; and
WHEREAS, there is a deficiency in funds necessary to provide for the proper and
authorized expenditures under some items in the General Revenue Fund; and
WHEREAS, said items mentioned are a part of the same fund and the transfer from one
item to another item in the same fund and is not a transfer from one fund to another fund;
therefore,
BE IT RESOLVED that there is herewith transferred the sum of $2,000.00 from some items
Owhere there is a surplus to the items where there is a deficiency, according to detailed
statement attached, all in the General Revenue Fund of the current budget of Indian River
(County as provided by law.
Item to Item Transfers
EXPENDITURES TRANSFERS
JA/C Name To From
1854. Public Parks $29000.00
Contingencies 2,000.00
TOTAL $29000.00 $22000.00
There being no further business,.upon Motion made, seconded and carried, the Board
then adjourned.
------------------------- CHAIRMAN
----------------------m®-_®_-- ----------------------
ATTEST:
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