Res 67-78 RESOLUTION NO. 67-78
A RESOLUTION A~NDING RESOLUTION NO. 65-78 ENTITLED: "A
RESOLUTION AUTHORIZING THE ISSUANCE OF $4,500,000 UTILITIES
TAX REVENUE CERTIFICATES, SERIES 1978, OF THE CITY OF DELRAY
BEACH, FLORIDA, TO FINANCE PART OF THE COST OF THE ACQUISI-
TION AND CONSTRUCTION OF PUBLIC WORKS FACILITIES, ACQUISITION
AND IMPROVEMENTS OF GOLF COURSE FACILITIES, ACQUISITION OF
PROPERTY FOR MUNICIPAL PURPOSES AND CONSTRUCTION OF ADDITIONS,
IMPROVEMENTS AND EXTENSIONS TO THE MUNICIPALLY OWNED WATER
AND SANITARY SEWER SYSTEM AND TO REFUND CERTAIN OUTSTANDING
OBLIGATIONS; AND PROVIDING FOR THE TERMS OF SAID UTILITIES
TAX REVENUE CERTIFICATES, SERIES 1978, AND THE RIGHTS AND
~SECURITY OF T~IE~ HOLDERS ~EREOF".
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DELRAY BEACH, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1. Section 1.2A of Article I is hereby amended to read
in full, as follows:
A. That the City hereby authorizes (i) the acquisition and con-
struction of certain public Works facilities, including, but not.limited to,
the acquisition of land, site improvements and the acquisition and construc-
tion of a garage and warehouse to maintain and store materials, supplies and
City equipment; (ii) the acquisition of land of the Delray Beach Country
Club and improvements thereto and to provide golf course facilities and
other recreational facilities, including but not limited to necessary and
incidental equipment for the purposes thereof; (iii) the acquisition of
property for municipal purposes and the construction of certain municipal
facilities including, but not limited to garage, storage and maintenance
facilities; and (iv) the construction of additions, extensions and improve-
ments to the municipally owned water and sanitary sewer systems all in
accordance with plans and specifications filed or to be filed with and approved
or to be approved by the City Council (the "improvements"). Such Improve-
ments to be financed to an estimated cost of $8,520,000 of which $4,000,000
shall be financed from part of the proceeds derived from the sale of the
Certificates issued pursuant to this resolution and the balance thereof from
other moneys of the City lawfully available therefor.
Section 2. Section 1.3(i) of Article I is hereby amended to read
in full, as follows:
(i) "Improvements" shall mean (i) the acquisition and construction
of certain public works facilities including, but not limited to, the
acquisition of land, site improvements and the acquisition and construction
of a garage and warehouse to maintain and store materials, supplies and City
equipment, (ii) the acquisition of land of the Delray Beach Country Club and
improvements thereto to provide golf course facilities, and other recrea-
tional facilities, including, but not limited to, necessary and incidental
equipment for the purposes thereof, (iii) the acquisition of property for
municipal purposes and the construction of certain municipal facilities
including, but not limited to garage, storage and maintenance facilities and
(iv) the construction of additions, improvements and extensions to the
municipally owned water and sanitary sewer system, all in accordance with
plans and specifications filed or to be filed with and approved or to be
approved by the City Council.
Section 3. This resolution shall take effect upon its adoption
in the manner provided by law.
PASSED AND ADOPTED in special session on this the 7th day of
August, 1978.
ATTE ST:
~/ City Clerk
(The underlined language is the only language amendment to RESOLUTION NO.
65-78.)
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