HomeMy WebLinkAboutO-1987-025 1
i ORDINANCE NO. 25-87
I
AN ORDINANCE OF THE CITY OF DANIA, FLORIDA,
AMENDING SECTION 2-12 OF CHAPTER 2 OF THE
CODE OF ORDINANCES OF THE CITY OF DANIA,
FLORIDA, ENTITLED "ISSUANCE OF SHORT TERM
PROMISSORY OBLIGATIONS" TO INCREASE THE
MAXIMUM ALLOWABLE OUTSTANDING SHORT TERM
PROMISSORY OBLIGATIONS TO A SUM NOT TO
EXCEED ONE MILLION DOLLARS ($1 , 000,000. 00) ;
i AND PROVIDING THAT ALL ORDINANCES OR PARTS
OF ORDINANCES AND ALL RESOLUTIONS OR PARTS
OF RESOLUTIONS IN CONFLICT HEREWITH BE
REPEALED TO THE EXTENT OF SUCH CONFLICT;
AND PROVIDING FOR AN EFFECTIVE DATE.
i
BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF DANIA,
{{ FLORIDA:
I Section 1, That Section 2-12 of Chapter 2 of the Code of
Ordinances of the City of Dania, Florida, entitled "Issuance of
Short Term Promissory Obligations" , be and the same is hereby
amended to read as follows:
"Sec. 2-12. Issuance of short term promissory
obligations.
The city commission by resolution may issue
j promissory obligations with the following
limitations :
(a) Such promissory obligations g ns must be repaid
within a
period not to exceed one hundred
1 twenty ( 120 ) months from date of adoption
i of an authorizing resolution.
(b) The interest rate on the obligation shall
j not exceed one percent (1 $) per annum above
prime interest rate determined at the time
of the authorizing resolution.
i
(c) The total amount of principal obligations
outstanding at any one time shall not
exceed one million dollars ($1, 000, 000.00) .
(d) The security interest given, if any, shall
be limited to a purchase money lien or
mortgage interest.
(e) Such promissory obligations shall be
authorized by resolution of the city
commission. "
Section 2. That except as herein amended, all other
t provisions of said Chapter 2 shall remain in full force and
i
effect.
Section 3. That all ordinances or parts of ordinances and
Ordinance No. 25-87
1
f
. L e
all resolutions or parts of resolutions in conflict herewith be
I
and the same are hereby repealed to the extent of such conflict.
i
Section 4. That this ordinance shall be in force and take
i
effect immediately upon its final passage and adoption.
PASSED and ADOPTED on First Reading this 13th day of
i
October 1987.
PASSED and ADOPTED on Second and Final Reading on this 27th
i
day of October , 1987.
i
MAYOR - COMMISSIONER
ATTEST:
CITY CLERK - AUDITOR
APPROVED FOR FORM AND CORRECTNESS :
i BY
FRANK C. ADLER, CITY ATTORNEY
City of Dania, Florida
i
1
i
9
I
y� I
I
i
J
Ordinance No. 25-87
,' i
1
NOTICE OF HEARING
BEFORE CITY
COMMISSION
CITY RANI A
c\ FLO OF REGARDING
/� •L-T ADOPTION OF THE
FOLLOWING PROPOSED
ORDINANCES:
NOTICE IS HEREBY GIV-
EN that the City
Commb-
THE SUN—TATTLER pion the CIIy Dame.
Florida, on OCTOBER 29.
198/,at amo..m.or a.to..
Inay Hr et the mallet
mays
Mera,will Conduct
e puellc hearth: in Ina city
Commission room Of In.
Established as The Hollywood Sun - January4, 1935 Dante CityHall. Igo West
Y Ogle Beach Boulevard.
HOLLYWOOD, BROWARD COUNTY, FLORIDA IInn$ Proposed adooionldan
second and lost reeding Of
�me ordmence, on'!lied
AN ORDINANCE OF THE
CITY OF DANtA, FLORI-
DA, AMENDING SECTION
THE°CODER OF RORpF
STATE OF FLORIDA NANCES OF THE CITY OF
COUNTY OF BROWARD DANIA FLORIDA. ENTI-
IS
:uE D "I N
Before the undersigned authority personally appeared
lack D. Pate °' A o
g Y P Y �1 CREA E MAXI-
Advertising Sales Manager MUM ALLOWABLE OUT-
who on oath says (he/she) is B PROMISSORY°OBL G♦-
TIONS TO SUM NOT TO
of THE SUN-TATTLER, a daily newspaper published at Hollywood in Broward ION
0 LLARS XCED °(St.=goo00)
AND PROVIDING THAT`
ALL ORDINANCES OR
County, Florida; that the attached copy of advertisement, being a PARTS OF ORDINANCES
AND ALL RESOLUTIONS
OR PARTS OF RESOLD`
I Notice of Hearings TIONS IN CONFLICT
HEREWITH
TO THE EX-
in the matter of City of Dania TENT OF SUCH CON-
Y FLICT; AND PROVIDING
100 W. Dania Beach Blvd. x FOR AN EFFECTIVE
in the �� DATE.
' THE
CITY° ANC OF NDANIA,°FLOW
j DA, AMENDING SECTION
was published in said newspaper in the issue of T/OF THE[ODE OF OR•
October 16t 1957 DINANCE3 BY AMEN NOL
F F X eT. _ I
(�gREtY IN
MEI14MN ENTIRETY By
Affiant further says that the said SUN-TATTLE R is anew Pa per published atHoll wood in SETTING FORTH THE
Y PRINCIPLES AND PRO-
TO
saidBrowardCounty.Florida,and that the said newspaper has heretofore been conk nuously FOLLOWED BY
ARETHE ;
BeBE FOLLOWED BY THE '
published in said Broward County,Florida,each week and has been entered as second class CITY
OF DANIA IN ITS
matter at the post office in Hollywood in said Count Florida,for period of one year next PROVIDING FOR
EXCEP-TIONS TO THE PERSON- '-
preceding the first publication of the attached copy of advertisement: and affiant further SELV COVERED
BY CIVIL
says that he has neither paid nor promised any person, firm or corporation any discount, FOR A CIVIL SERVICE
BOARD PROVIDING FOR
rebate,commission or refund for the purpose of securing this advertisement for publication COMPENIFICATION AND
SATION PLAN,
inth idnewsp r. PROVIDIRATIONANDO,A5EPtAa-
Ae CIPLI
ARY ACTION! OV
'[\J{ FOR A PR IDING
GRIEVANCE DING
CEDURE; PROVIDING
FOR AN APPEAL PROCE-
DURE; AND PROVIDING
THAT ALL ORDINANCES
OR PARTS OF ORDI-
NANCES OR ALLTS OF
WOTARY
2dtleme RESOLUTONS /IN TCONFFLICT HERE,ITN BQ
.�t9 REPEALED TO THE EX-
TENT OF SUCH CON-
FLICT; AND PROVIDING
FOR AN EFFECTIVE
55[ A i)7 DATE.
BONDED TeaD DEI J 14 I7 iJ cop�ea at mew proposed
nrdmana.ere on se m lne
IEH,.. lAS. LND. mace of me t Ctr B pre
(SEAL) Hall lag West n.., auto
and merd. Denis, Flosled b.
Ina mar ee mtn gnor al
Ina in, lc ourino normal
in orlinp noun.
Intou eea perun may An-
a. 1.1 me atorewla meal•
'no area 00 heard with re-
togl to m° propoteD.
Any Person who deaao la
•.peel any decision made
"In. Morning and ZoAsnil
Board Or City Commlwlon
wim...pact to any matter
considered of this raising
or oaring wilt ..to a re-
cord PI Ina proceeding.and
for such:.roes.mev he
to tesura that A I rbattm
record of tM Proceedings 1.
media- whim record in.
elude% me trilnon, and
evlOenC1 YPon which the i
s Yoeal H m be made.
HI Wend. Mu
lll op -
'. coy be TIL 34D7(et'�. ,I