Ord 108-33 AN EI~EEGENCY 0RDINANC~ AMENDING
"AN ORDINANCE BY THE CItY COUNCIL
OF ~HE CITY OF DELRAY BEACH, FLORIDA,
PRESCRIBING THAT CERTAIN TAXES LE¥IED
SHALL BE PAID IN CASH, A~D PRESGRIBI~(~
THAT CERTAIN OTH~ TAXES CAN BE PAID
IN BONDS OF SAID CITY" A~D FOR OTHER
PURPO SE S.
WHEREAS, the above ordinance, soue~at to be amendes
hereby, was heretofore passed by +de au+,hority aforesai~, a~
~EAS, ~T~R, certain protests a~ obJec~i~s have
been made to ~e aforesaid ordinance which ~s necessi~'ated
caused the po~pon~en~ a~ d~lay of o~ra~ion ~hereof;
W~AS, ~TH~, said delay in the o~ration of
ordinance is now seriously impairing ~he collection of the past
due ~nd current %axes of said City;
W~AS. ~RT~R, +~e i~ediate collection ~f the
~es of said m~iolpality Is neoessa~ to ~e effiolen~ opera~le~
~d maintenance of ~id City a~ said postponement a~ ~el~
the op~atiun of said or&in~ce has caused and created the
existence of an ~er~enoy, which said emergency is ~eol~ed
exist by ~he autho~ty aforesaid.
NOW, T~~E, BE IT O~AINED By the authority afore-
said ths~ said o~inance be ~e~ed ~y striKl~ ~1 of the
of said ordin~ce, leaving o~y the cap,ion and focal
~hereto, ~d inserting in lieu ~hereof ~he follo~:
BE I~ 0~AIN~ By ,]~e Ol~y Co~oil of +~e Oi~y of
Deiray Beach, Florida, in regular mdJourned session sit,in,
on and after the passage of ~his o~l~nce ~he'T~ Collector of
said City is authorized and directed ~o accep~ t~ ps, ends,as
follows:
The t~es levied for the fisc~ year 195E- l~J shall
first be paid in lawf~ mo~y of the United States and all o~he~
delinquent t~es on p~perty loc~ed In ~he foyer.City of
Delray due and owing said m~Aicipall~y for ~he fiscal ~ars 1950r
19~1 and 19~1 - 19Z2 may be paid in bonds issue~ by the former
City,of Delray; all of which bonds can be accepted only on a
flat basis with all past due coupons attached which have not
heretofore been paid in cash by said City. Provided always tha~
should the past due interest coupons, which have not been paid
cash by said City, be not owned by +~he party or parties tenderin~
a bond or bonds for payment of delinquencies hereunder, then and
in that event, said party so tendering a bond or bonds hereunder
may tender therewith other past due coupons or the principal of a
bond equal in amount to +,he past due and unpaid coupons on the
respective bon~ or bonds so ter~Xered on a flat basis for pa~ment
of taxes.
IT BEING THE PURPOSE AND INTENT Of this ordinance tha~
only the principal of bonds can be used for the payment of
~elinquent taxes hereunder, and, further, that +~he past due
unpaid coupons on ~he respec+~lve bonds so tendered shall be turned
in to said City for cancella*~ion, for which said amount of past
due interest coupons no credit whatsoever, in any manner, shall be
6iron. Or, in lieu thereof, for cancellation, other past due
coupons or bond principal in a like amou~t shall be surrendered a~
cancelled without credit ~herefor.
BE IT FURTHER ORDAI~ED That no bonds of the former
of Delray can be accepted in payment for delinquent taxes due
owing on property in the former Town of Delray Beach.
· ALL ORDINANCES or resolutions in conflict herewith are
hereby repealed.
PASSED By the City Council of the City of Delray Beach,
Florida, after declaring the existence of an emergency, as an
emergency amendment which shall become effective immediately
upon its adoption.
ADOPTED By the authority aforesaid on this the
~ay of December, A. D. 19ZJ.
-~age 2-
Councilmen of City of
Delray Beach,Florida.:
At tested:
~ ~r~.
-Page $-