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Resolution 386-1998 RESOLUTION NO. 386. 1998 A RESOLUTION ORDERING AND PROVIDING FOR THE HOLDING OF A REFERENDUM ELECTION TO DETERMINE IF THE ELECTORS OF THE DISTRICT 6 MUNICIPAL SERVICE TAXING UNIT OF MONROE COUNTY, FLORIDA APPROVE LIMITED AD VALOREM TAXATION ON ALL TAXABLE PROPERTY IN THE DISTRICT 6 MUNICIPAL SERVICE TAXING UNIT TO FINANCE CONSTRUCTION AND OPERATION OF A COMMUNITY POOL AND THE ISSUANCE OF NOT EXCEEDING $4,000,000 OF DISTRICT 6 MUNICIPAL SERVICE TAXING UNIT LIMITED GENERAL OBLIGATION BONDS PAYABLE FROM SUCH TAXES; PROVIDING AN EFFECTIVE DATE BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA; :t 0 U) "'T1 C> :P CD ;= Section 1. AUTHORITY FOR THIS RESOLUTION. This Resolution is ad~ p~~<tY to Chapter 125 and Chapter 100, Florida Statutes. fTI;;:K::-< t; . ..... ("'). .- ., on. c:.n 0 ~33:::T. :::0 ...... 0 -0 :::0 -i C"') r- X f'T1 ;<;-t~ N C") A. Pursuant to Section 2-235 of the Monroe County Cod~ t~ ~uni established municipal service taxing or benefit units, including a unit de~ib:;rd ~tha:IJ part of Key Largo from South Bay Harbor Drive and Lobster Lane to the southern boundary of the intersection of the right-of-way County roads 905 and 905A plus Cross Key (the "District 6 MSTU"). Section 2. FINDINGS. It is found and declared: B. The financing of the cost of a community pool and certain related aquatic recreational facilities within the District 6 MSTU, including working capital expenditures related thereto (collectively, the "Project"), are projects for which general obligation bonds payable from limited ad valorem taxes may be issued pursuant to Section 12, article VII of the State Constitution. C. The financing of the Project within the District 6 MSTU IS a proper public purpose. D. It is in the best interest of Monroe County, Florida (the "County") and the District 6 MSTU and the residents and property owners thereof to issue bonds to finance the Project within the District 6 MSTU payable from limited ad valorem taxation, and from any other legally available funds of the County, if necessary. Section 3. BONDS AUTHORIZED. That, subject to the referendum election hereafter provided for and enactment of an ordinance and/or resolution, as required, providing for the issuance thereof, the District 6 MSTU may issue and sell not exceeding $4,000,000 of limited general obligation bonds for the purpose of financing the Project within the District 6 MSTU and to pay the costs related to issuing such bonds. The bonds shall mature over a period not to exceed twenty (20) years from the date of the bonds, shall bear interest payable semi-annually or at maturity or redemption at a market rate or rates not exceeding the maximum allowed by law at the time of sale, shall be dated, subject to redemption, in the form and contain reasonable covenants, all as provided by subsequent resolutions of the Board of County Commissioners of the County. The bonds and the interest thereon shall be limited general obligations of the District 6 MSTU for the payment of which the limited full faith and credit and taxing power of the District 6 MSTU shall be pledged. The bonds shall be payable from limited ad valorem taxes on all taxable property in the District 6 MSTU levied at a rate not to exceed three quarters (3/4) of one mill (.75 mill) for a period of five years and one quarter (1/4) of one mill (.25 mill) for an additional period of 15 years. Section 4. ELECTION ORDERED. A bond referendum election be and is hereby ordered to be held in the District 6 MSTU on November 3, 1998, to determine whether or not issuance of said bonds and the levying of ad valorem taxes for said purpose shall be approved by the electors of the District 6 MSTU. Section 5. VOTING. The places and times of voting and the Inspectors and Clerks for the polling places for the bond election shall be the same places and times and persons as for the General Election to be held on the same date. All qualified electors residing within the District 6 MSTU shall be entitled and permitted to vote at such bond election as herein provided. Section 6. BALLOTS. The form of ballot to be used shall be in substantially the following form: OFFICIAL BALLOT MONROE COUNTY, FLORIDA BOND REFERENDUM ELECTION - NOVEMBER 3, 1998 APPROVAL OF TAXATION AND BONDS TO FINANCE A COMMUNITY POOL WITHIN THE DISTRICT 6 MSTU Shall District 6 MSTU be authorized to finance construction and operation of community pool and related costs, by levying ad valorem taxes at rates not exceeding 3/4 of one mill (.75 mill) for not exceeding 5 years and 1/4 of one mill (.25 mill) for not exceeding an additional 15 years and to issue not exceeding $4,000,000 of Limited General Obligation Bonds bearing interest at market rates at time of sale and payable from such taxes. Instructions to Voters Yes - For Pool Tax and Bonds No - Against Pool Tax and Bonds Section 7. INSTRUCTIONS. Provision shall be made for instructions to the voters all as provided by general law. Section 8. ABSENTEE VOTING. Adequate provision shall be made for absentee voting. Paper ballots shall be used at the bond election for absentee voting. The ballots to be used in said bond election for absentee voters shall be in substantially the form set out above. Section 9. ELECTION PROCEDURE. The Supervisor of Elections shall hold, administer and conduct the Bond referendum election in the manner prescribed by law for holding elections in the County. Returns shall show the number of qualified electors who voted at such bond election on the proposition and the number of votes cast respectively for and against approval of the proposition. The returns shall be canvassed in accordance with law. Section 10. RESULTS OF ELECTIONS. The Supervisor of Elections shall canvass the ballots and certify same to the Board of County Commissioners. The Board of County Commissioners shall, in turn, canvass the votes and declare the results thereof and such returns shall be recorded in the minutes of the Board of County Commissioners at the first meeting after such certification. If a majority of the votes cast at such election in respect to the issuance of such bonds shall be "FOR BONDS," such issuance shall be approved; and then the particular bonds, the issuance of which shall be thereby approved, may be issued as herein provided by the Board of County Commissioners. Section 11. NOTICE OF ELECTION. The Clerk of the Board of County Commissioners is hereby authorized and directed to place a notice of this referendum election in a newspaper of general circulation published in the County. The first publication shall be made at least thirty (30) days prior to the referendum and shall be made at least four times, once in the fifth week and once a week thereafter for each consecutive week prior to the week in which the referendum is deemed to be held. The notice of referendum shall be substantially the following form: MONROE COUNTY, FLORIDA Notice of bond election to be held on November 3, 1998, as provided by Resolution No. -1998 of the Board of County Commissioners of Monroe County, Florida, adopted on September 17, 1998. NOTICE IS HEREBY GIVEN THAT AN ELECTION shall be held on the 3rd day of November, 1998, in the District 6 MSTU more particularly described as that part of Key Largo from South Bay Harbor Drive and Lobster Lane to the southern boundary of the intersection of the right-of-way County roads 905 and 905A, plus Cross Key, for the purpose of determining whether or not limited general obligation bonds of the District 6 MSTU may be issued to finance the cost of a community pool and related aquatic facilities within the District 6 MSTU and certain working capital expenditures and issuance costs related thereto, in an aggregate principal amount of not exceeding $6,000,000, bearing interest, payable semi-annually, or at maturity or redemption, at such market interest rate or rates not exceeding the maximum legal rate at the time of sale thereof, maturing over a period of not to exceed twenty (20) years from the date of the bonds, all as shall be determined by a resolution of the Board of County Commissioners at or prior to the time of sale, payable from limited ad valorem taxation on all taxable property in the District 6 MSTU levied at a rate not to exceed three quarters (3/4) of one mill (.75 mill) for a period of five years and one quarter (1/4) of one mill (.25 mill) for an additional period of 15 years, as provided in the resolution of the Board of County Commissioners of Monroe County, Florida adopted September 17, 1998. As required by said Resolution of the Board of County Commissioners of Monroe County, Florida, this Notice is given by publishing the foregoing Resolution in full as follows: Section 12. EFFECTIVE DATE. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a special meeting of said Board held on the 17th day of September, 1998. yes yes yes Y~1:) yes BOARD OF COUNTY COMMISSIONERS OF MON C8UNTY, FLORIDA ~~ Mayor/Chairman B jresirefll.98 7~ Serving the Florida Keys P.O. Box 1197 · Tavernier, Florida 33070-1197 (305) 852-3216 Fax: (305) 852-8249 STATEMENT OF PROOF OF PUBLICATION USPS #905580 STATE OF FLORIDA ) COUNTY OF MONROE ) Before the undersigned authority personally appeared DONNA STUTTS, who on oath, says that she is PUBLISHER of THE REPORTER, a weekly newspaper entitled to publish legal advertising published at Tavernier, Monroe County, Florida: that the attached copy of advertisement, being a legal ad. NOTICE OF REFERENDUM, 10/08/98, 10/15/98, 10/22/98 & 10/29/98 ISSUES Affiant further says that the said REPORTER is a newspaper published at Tavernier, in said Monroe County, Florida, and that the said newspaper has heretofore been continuously published in the said Monroe County, Florida, each week (on Thursday), and has been entered as second class mail matter at the Post Office in Tavernier, in said County of Monroe, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement; and affiant further says that she has neither paid nor promised any firm, person, or corporation any discount, rebate, commission or refund for the purpose of securing this said advertisement for publication in the said ;;;; (9:1-6 SEAL SWORN TO AND SUBSCRIBED BEFORE ME THIS 29TH DAY OF OCTOBER A.D. , 1998 /J)~ ~? ~ NOTARY PUBLIC MY COMMISSION EXPIRES: ~t.I\y l'lIo. '''~nv(> *1Wl* ;J~//~.' Of fl,Q~~" DAVEE R DOVE (,17 O"".....~6i6" BGtlt878 Explnoe Feb. 06. 1818 Bonded by ANB 800.852.5878 NOTICE OF REFERENDUM NOTICE IS HEREBY GIVEN that the Board of County Com!llissioners of Monroe County, Florida, has caused tobe.Placed on the ballot at the Presidential preference primary election in Monroe County to be held on November 3, 1998, the following referen- dum question: BOND REFERENDUM ELECTION - NOVEMBER 3, 1998 APPROVAL OF TAXA- TION AND BONDS TO FINANCE A COMMUNI- TY POOL WITHIN THE D1STRlcr 6 MSTU Shall District 6 MSTU be aUthorized to frnance con- struction and operation of a communiI)' pool and related costs, by levying ad val- orem taxes at rates hot exceeding 3/4 of one mill (.75 mill) for not exceeding 5 years and 1/4 of one mill (.25 mill) for not exceeding an additional 15 years and to issue not exceeding , $4,000,000 2-year Limited General Obligation Bonds .bearing interest at market rates and payable from such taxes. Yes -For Pool Tax. & Bonds No- Against Pool - Tax & Bonds Only those electors residing within Municipal Service Tlpdng District 6 (Key Largq from South Bay Harbor and Lobster Lane to the southern boundary of the intersection of the right- of-wl!)' of County Roads 905 and 90SA plus ClOSS Key) may vote in the refer- eJNlun\. APROBACION DE TRIO- UTACION Y BONOS PARA FINANCIA UNA PISCINA COMUNITARIA EN LA UNlOAD DE TRIBUTACION Y SERVI- CIOS MUNICIPALES DEL DfSTRITO (, Debera autorizarse a la Unidad de Tributacion y Servicios Municipalesdel Distrito para que financie la construccion y el fun- cionamiento de la piscina eomunitaria y los gastos . rel8cionados mediante el gravamen do impuestos ad valorem con tasas que no excedan los tres cuartos de milesima de dolar (.75 de amillaaramiento) durante no mas de cinco anos y un cuarto de milesima de dolar. (.~~ ~e"l!/1liYl\!'l!!t!i~ i ;: ~ ;, durante no mas de quince anos adicionales y para que em ita no mIlS de $4,000,000 20-anos &nos de -- Olbigacion General Limitada con una tasa de interes acorde con las del mercado y paagaderos con dichos impuestos? I nstrucciones para los elec- tores _ Si, a favOf' del impuestoy de los bonos para la piscina _ NO,encontra del -impuesto y de los bonos para lapiscina DATED atKey West, Florida, this 18th day of September, 1998 DANNy L. KOLHAGE, Clerk of the Circuit Court and ex officio Clerk Clf the --.rOOd of County Commissioners of Monroe County, Florida Publish~d: 10/8, lOllS, 10/22 & 10/29/98 The Re,orter Tavernier, FL PROOF OF PUBLICATION f .... . THE FLORIDA KEYS KEYNOTER Published Twice Weekly MARATHON, MONROE COUNTY, FLORIDA STATE OF FLORIDA ) COUNTY OF MONROE) Before tbe undersigned autbority personally appeared _Zorn. S:.huma~er _____ wbo on oatb. says tbat he/she is >i- ____!_~!sher____ of the FLORIDA' KEYS KEYNOTER. a twice weekly newspaper published at MARATHON, in MONROE COUNTY. FLORIDA; that the attached copy of advertisement. being Notice of Referendum Bond Referendum Election November 3, 1998 Community Pool IN THE MATTER OF: in the .--------------""---- Court waapliblished in said newspaper in the issues of October 3, 1998 ----------------. Alliant furtber says that the said FLORIDA KEYS KEYNOTER fa a newspaper at MARATHON. in said MONROE COUNTY, FLORIDA, and thai the said news- paper has heretofore been continuously published in said MONROE COUN- TY, FLORIDA, twice each week (on Wednesday and Saturday) and has been entered as second class mail matter at the post office in MARATHON, in said MONROE COUNTY, FLORIDA, for a period of one year next precedinl the first publication of the attached copy of advertisement; and affiant ful'- ther says that he has neither paid nor promised any person, firm, or corpo- . ration any discount, rebate, commission or refund for the purpose of secur- ing this advertisement for pubUcation in the said newspaper.(SEAL) SEE REVERSE SIDE ~ (seal) SWORN TO AND SUBSCRIBED BEFORE ME THIS 5th DA Y OF October A.D. 19 98 ~~a-~ L ., _.~ ),?q::~~"i)">.' . .~ NGl'UOFJAEFEMNOUM, NoTa: is HlJiBY GMN.UIat the Board of Countv Commis- $ioMr. of Morn'oe CountV. Flori- da., h_ C8IISlICt to be, pteced on the, ballot al the Pt'e$idential -'-nee IIrimarv election in ..III0,nr0e County to be. held on ... t1oj1ember 3. 19~8, the. follow- :~~i~..~~:'?,~- '." -, BON.DF RE. FERENDUM ,"''i11111ct'tMl1t l<HOVlM8Ef.l ~:. 1<; !.~;:~.~'~,-'::~:'~:.~,~~;-~~ ,;,_:_'.;.." '-'''oQ. v. AlOFTA>Wt. JON.. , , BONDS 'to FINANCE A r. . "~WlmN .~ ..J 1 THE DtSTRlCl eMSTU -;~_..,.Y _ " _ - . ;j..,-f:f; "I.~trict (lUSTUbe_ho- , , .to tiiMiftde) "'lXIfIsUl:Iction ~.' ~f/If,.!C~\ 'J. .. 8IldNllMellISOS1S;br~ ~" J~~a= :J?~"& i1'~' .....,ttd'iIlOt'~...5 ;) i'iIwia ,.(4.,,'_ d. f; ;-:25 .,. . I for notellCeeding en; liddj>.' " .tiol\a1 15 ~ and to is.- not elleeedng $4;000,000 '20-.,.., ~ Gentltal. Obligation Bonds beating intere.t ;al mar- ket rates 8nd ~8bIe from such talleS. ;' ","~.;..;.,.y.,s~ f,,~ ~pdITax arid : fJoft~">,, .,..!' r.," ~tij~~~f~*\~~r::.~~ Doibet.~...;..~ de 'T1'.ibIIt,p,n rServiciosMlI- , ilicip8les del,Oi$trito pi,ra que 1"1- . n~ III cons~VeJ fun- 'C:iCinamiMl:o.~sCinacomu- ~\' 1N......feIacionados met!liante. eI . gr8llainen' de im- puestQ$. ~ ..IIl!k!rem.. CQII tases., q~'",~~.~ ~."......t9s' de '".$ima de dolar (.75 de . . toldurante no mas ~ ..t\lii~de , mi 'dolaH;~5-. amil- .. (ar~_np"'ma!l de ~.9uin- _adi<:le...."y., para '.: ~r emita no jaM'. ~ .'. j41000,OOO 2O-amos B !~GeIIer . 0. ~.... deil'l . . , ,!fa del mer \~~!,,~"; '.'...'.'.~. .to\'.'1Js....~...=......r4...... i...i.. '... j '.~a ... /', .<; j~ ;.~~st;~~t:!i~i~~t pisoina DATED at t(ev,'W....l"t0rid8.~ this 18th day of Septet'nber. 1998. ' , DANNY l. t(OlHAGE.,Cter1< of .1tle . CirCUit~. .' 8l<officio ..'.. ! Qert(of1hil ' ,. tv " I cGmfniejj . HI . roe I ; " ,).. L~fy,.f1prida. . P uCalb" .&tM3;'~ ~, . FIopid8l(ays KeynOter . --'---~ I ~ _