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HomeMy Public PortalAbout19270304CCMeetingHr.) Town of Tybee,Ga.,March 4th 1927. The regular meeting of Town Council was held to -day at 4.00 p.m. N and was attended by the Mayor and Councilmen Logan, Cann, Espy, Horovitz Farr and Tawn attorney McIntyre. II.The Assessment Committee met on March 2nd 1927 and assessed all real - estate with improvements thereon,,nd reported as follows; "Pursuant to the ordinances and under the charter provisions of the Mayor and Councilmen of the Town of Tybee,your Committee on Assessments met and proceeded to assess the value of all real estate with the bm p rovements thereon subject to t a xat io n in said Town of Tybee,for the purpose of taxation, and to determine the same. This work is now concluded and your committee reports that a record has been made of these assessments as required in a book provided for that purpose,and that the aggregate value o p f all real estate with the improvements thereon,the subject of taxation within the limits of the Town of Tybee,is the sum of 2,358,665.40 Dollars ". 45 • RESOLUTION It appearing that the Committee on Assessmente,pursuant to ordinancees of the Town of Tybee and under the charter provision of the Mayor and Councilmen of the Town of Tybee,has assessed the value of all real estate with the improvements thereon,the subject of taxation in said Town of Tybee,for the purposes of taxation, and has determined the sage and has made report thereof to this regular meeting of the Mayor and Councilmen of the Town of Tybee and that from said report the aggregate value of such property for taxation is the sum of 2, 358, 665.40 Dollars and that said committee as required has made a record of said assessments in the book provided for said purpose; NOW THEN BE IT RESOLVED by the Mayor and Councilmen of the Town of Tybee in regulat meeting assesmbled that said report be and the same is hereby received and accepted and ordered spread upon the minutes of this meeting and that the aggregate od said assessment in the sum .of $ 2,358,665.40 Dollars be and the same is hereby declared anddetermined as the value of all real estate with the improvments thereon the subject of taxation in said Town of Tybe for the purpose of taxation. --- on motion of Mr Horovitz,seconded by Mr Farr the above resolution was passed unanamously. The following resolution calling for an election on April 12 1927 to plac e before the voters of the Town the question of whether the Mayor and Councilmen shall incur an indebtedness of ft 22000.00 for the purpose of purchasing or construoting,was eead,apd'- 'onmotione of fir aHorovitz, seconded by Mr Espy, was passed unanamoubly; RESOLUTION WHEREA :e Councilmen ofnthe Town of Tybee, a municipal corporation of the -State of Georgia desires to incur a • bonded indebtedness of Twenty -two Thousand ( $22000.00 ) Dollars fcr the purpose of purchasing or constructing a plant with its necessary equipment to furnish electric current for lights,power and other purposed to the inhabitants or for such perpons `within or without the corporate limits of the municipality who may have � se for the same; and WHEREAS the said municipal corporation has at present an outstanding bonded indebte '.ness in the principal sum of One Hun-?red Ten Thousand 110,000.00) Dollars and this pr posed bon ed indebtedness 46 will not- wheniasued exceed seven per cent (7 %) of the assessed value of all of the taxable property of said municipality; NOW THEREFORE, in compliance with Article 7, Sect ion7, Paragraphs 1 and 2 of the Constitution of the State of Georgia and the statutes enacted in compliance therewith,be it resolved by the Mayor and • Councilmen of the Town of Tybee in Council assembled as follows; 1 That the said municipal corporation subject to the requisite assent of the valified voters thereof,shall incur a bonded indebtedness in the principal sum of Twenty -two Thousand ($22000.00) Dollars for the purpose aforesaid and shall issue and sell Twenty -two Thousand Dollars ($22000.00) of bonds therefor,which shall be coupon bonds and shall consist of twenty -two (22) bonds of the denomination of One Thousand ($1000.00) Dollars each and shall be designated and described as Electric Plant bonds. The said bonds shallblar interest at the rate of five per cent (5 %) per annum payable semi- annually;the principal and interest to be paid in gold coin of the United States of the present standard of weight and fineness; the principal of said bonds to mature and to be paid and retired in the following amounts or installments to- :pit:- One Thousand ($1000.00) Dollars Nine years from the date of said bonds and One Thousand ($1000.00) Dollars each annually There- after until the entire issue of Twenty -two Thousand (22000.00 Dollars shall be paid at the end of the Thirtieth year from thSrdate of the said bonds,so that thw thole of the principal shall be tally paid off within thirty (30): years from the idate of incurring Said ir4ebt -410 edness. The amount of interest to bepaid annually on said bonds to be five per cent (5 %) upon the amont of said bonds outstanding each year: the amount. of interest payable annually decreasing each year after the Ninth year form date of said bonds i n the amount of five per cent (5%) per annum upon the face value of each bond that shall have matured; so that the principal and interest of said bond shall be fully paid off withinh thirty (30) years from the '-_ate of the incurring of said indebtedness. 2 The further details as to the date of the bonds,the form of the bo nis and ooupons,the registration thereof,the validation, negotiation and sale and all other details shall befixed and determined hereafter. 3 That an election by the qualified voters of said municpal corporation be and the same is hereby ordered and called to be held on TUESDAY being the .TWELFTH day of APRIL,192? to determine the question whether --aid bonds shall be issued by the said Town and notice of said election shall be given to the qualified voters of said municipality for the space of thirty (30) days next preceeding the date of the election in the Savannah Press,the. newspaper in Chatham County, Georgia in which said municipality is located in which sheriffs advertisements for thb, =County are published. 4 The election shall be held at the voting place or pre- cinct in said municipality as prescribed by the Charter and the ordinances of the said municipility and shall be held by the same pe sons and in the same manner under the same rules and regulations that elections for offieeis of said municipality are held and the returns shall be made to the said Mayor and` Councilmen of the Town of Tybee, who shall in the presence of and together with the several managers ( who bring up the returns) consolidate the returns and decide the result. 5 Voters favorirg the issuance of said bonds shall have written or pri rated on their ba,l ots " For Fle_:tric Plant Bonds " Voters opposing the : issunnce Of said bonds shall have written or printed on their ballots " Against Electric Plant Bonds." In the event said bonds are authorized to be issued and before the time of issuing the same the Mayor and Councilmen of the Town of Tybee or their successors in office shall provide for the assessment,levy and collection of an annual. tax sufficient in amount to pay the pricipal and interst of said bonds as issued as the same may become due and within thirty (30) years from the date of incurring the said indebtedness. 6 47 The notice which shall be given to the qualified voters of said municipality of the election to be held to determine the question whether said bonds shall be issued by the Town shall be signed by the Mayor of said municipality and attested by the Clerk • of Council under the seal of said Town and shall be as follows: NOTICE OF ELECTION FOR ELECTRIC PLANT BONDS TO THE QUALIFIED VOTERS OF THE MAYORS AND COU N ILMEN OF THE TOWN OF TYBEE: WHEREAS the Town of Tybee desires to incur a bonded in ebtedness as prescribed in Article 7, Section 7,Paragraphs 1 and 2 of the Constitution of the state of Georgia; NOW THEREFORE the Mayor and Councilmen of the Town of Tybee,a municipal corporation of the State of Georgia in the Cbunty of Chatham,be ing the officers charged with levying taxes, contracts- ing debts,eot., for the said municipility,hereby give notice to the qualified voters of the said municipality that on TUESDAY being the TWELFTH day of APRIL 1927, an election will be held to determine whether Twenty --two Thousand (0022000.00) Dollars of bonds shall be issued by the Mayor and Councilmen of the Town of Tybee for the purpose of puaichading or constructing ^'. ^rt with its necessary equipment to furnish el ctric current for lghts,power and other purposes to the inhabitants or for such persons within or without the corporate limits of the municipality who may have use for the same: which said bonds are to be designated and described as electric plant bonds ani which bonds areto bear interest at the rate of five per cent (5%) per annum payable semi - annual, sail bonds to be of the denomination of One Thousand 01000.00) Dollars each and to be coupon bonds, the principal an! interest to be payable in gold coin of the 0 United States of the present standard of weight and fineness,the principal of said bonds to be paid in the following amour is or install. - ments to -wit : - One Thousand 01000.00) Dollars at the end of Nine years from date of said bonds and One Thousand ($1000.GG) Dollars each year thereafter so that the last One Thousand 01000.00) Dollars shall be paid thirty (30) years from the date of said bonds, so that the whole of the principal shall be fully paid for withinhthirty (30) years from the date of incurring aid indebted -ess; the amount of 48 interest to be paid annually on said bonds to be five per (5%) upon the amount of said bonds outsta ding each year,the amount of interest payable annually decreasing each year after Ninth year from the7date of sail bonds in an amount of five per15 %) per annumm upon the face value of each bond that shall have rnatured,so that the principal and interest of said bonds shall be fully paid off within thirty (30) years from the date of the incurring of said indebtedness. Said election shall be held at the voting place established by ordinance within the limits of said Town and shall be held by the same persons and in the s me manner,under the same rules and regulations that elections for officer of said munici- pality are held and returns shall be made to the Mayor and Council- men of the Town ofTybee who shall in the presence of and together with the several managers who bring up the returns,consolidate said returns and declare the result. Th se favoring the issuaance of said bonds shall have written or printed upon their ballots "For Electric Plant Bonds." Those opposing the issuance of said bonds shall have writ- ten or printeL upon their ballots "Against Electric Plant Bonds." This ntice is given as provided and directed in a reso- lution passed at a meeting of Council held upon the 4th day of March 1927. WITNESS the official signature of the Mayor of the Town of Tybee duly attested by the Clerk of Council under the seal of the Town of Tybee this 4th day of March 1927. MAYOR AND OUNCI By Att The following ordinance to provide for certain franchises to the Savannah Electric & Power Company over and upon the public streets,ways and roads of the Town of Tybee,Chatham County,Georgia, was placed upons its first reading, and on motion of Mr Espy that it be adopted subject to the recess adjournment of Council,seconded by Mr Horovitz,the ordinance was passed unanimously; ORDINANCE AN ORDINANCE TO?PROVIDE FOR DERTAIN FRANCHISES TO THE 'AVATTNAH ELECTRIC AND T'0WER COMPANY I NIOVEP AND UPON" THE PUBLIC STP ETS ?WAYS AND R ADS OF THE TOWN OF TYBEE, CHATHAM COU NPY, GEORGIA, AND FOR OTHER PURPOSES. Section 1 -- BR IT OEnAINED by the Mayor and Councilmen of the Torn of Tybee,in meeting assembled that a frarchise is hereby granted to the Savannah Electric & Power Company,a corporation with its principal office in Savannah,Georgi? ., to build,maintain, operate,own,and lease a system or systems for the transmission of electric power and lighting current in,over and through all public streets,lanes,roais and ways of the Town of Tybee, and to maintain an electric transmission and distribution system 49 with all necessary wires,poles and appliances necessary and need- ful to conduct the business of furnishing electric light,heat and power to the inhabitants of the Town of Tybee,upon the con - ditionnevertheless, that should said Company fail to furnish electric light and power to the Town of Tybee and its in- habitants at any time after July let 1927 for a period of six months then this franchise and all rights thereunder shall be revocable at the pleasure of the Mayor and Councilmen of the Town of Tybee. Section 2 -- Be it further ordained that all ordinances and parts of ordinances in conflict with this ordinance be and the same are hereby repealed. There being no gurther business Council took a:: re, as, ad, subj -mf tbctle 11 of the Mayor. ou mant Town of Tybee, Ga. April 1st 1927. The regular meeting of Town Council was held to -day and was attended by the Mayor and Councilmen Cann ,Horovitz,Espy,Walthour,Farr and Mr. S.N.Harris. Plans for an organization to educate the property owners to the necessity of vtting in favor of the Electric Plant Bonds on April 12th and -also to getting them out to vote were discussed and Mr •Harris who was asked to come before Council and give his views and suggestions as to the best method to gci about this, suggedted that a committee of ladies ,whether they were voters or not,be gotten up to notify the property owners of the election for bonds on April 12th and ascertain from them if they would be abli to go to Tybee on that day and vote-- that this committee appoint sub- committees *Lio in turn would get in touch with a certain number of voters a::d find out from each voter just how that voter was going to the isla.ndmby auto or train. The Mayor asked what ladies were available,he was given a list of the women voters by the Clerk,Mr Cain suggested that every woman voter on this list be askedto assist in putting the election over -- attention was called to the fact that the-road would be closed on April 4th for a period of about :four we Mks but the Mayor said that he w-uld handle with Court,;T Commissioners to have them authorize the opening of it on April 12th, -- The Mayor thanked Mr Harris and he eras excused. The managers appointed to handle the election April 12th were Messrs.John T,Coliins,J.A.Weiser and Johnson A.Byers. Mr Horovitz suggested that to give more efficient" service in the Police Department it would be a good idea to have telephones that would connect directly to the jail, installed at vantage points so that the Chief could keep in diet touch with his officers at all times,and in the event an emergency should arise he could dispatch the nearest officer to that point on very short notice, the Mayor said that he would get in touch with the Southern Bell Telephone Co and get an estimate as to the cost of these installations with a view to having them installed for use during the summer season.