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HomeMy Public PortalAbout19600902SCMeetingIt was moved, seconded and passed that effective with the September meeting, the meetings are to be held at 4 P.M. in the afternoon. There being no further business the meeting adjourned. A/1-4/// `. Clerk 9r Council Mayor Savannah Beach, Tgbee Island, Ga. September 2, 1960. A special meeting of Town'Council was held today at 8 P.M. in the Council Room in the Town Hall and was attended by Mayor Brown, who presided, and Councilmen Powers, Maters, Lovell, Meddin and A. F. Solms, Jr. The purpose of the meeting was: 1— To discuss and act on the issuance of the $150,000.00 in Bonds for public works in the Town 2— To discuss the building contractor's license of the Beach Contr. Company — E.C. Bobo 3— Disrobing in automobiled on the streets of the Town. It was moved, seconded and passed that the following Resolution covering the issuance of $150,000.00 in Bonds be adopted. Regarding the building contractors license of the Beach Contr. Company (E.C.Bobo) it was decided that he would be exempt from taking out a building contractors license on this project. It was moved, seconded and passed that the following Ordinance coOng disrobing in automobiles be adopted. 1 A RESOLUTION BE IT RESOLVED by the mayor and councilmen of the Town of Savannah Beach, Tybee Island, in council assembled, and it is hereby resolved by authority of the same: 1. That an election be called, and it is hereby called, to be held in the Town of Savannah Beach, Tybee Island, on October 4, 1960, at which election there shall be submitted to the gtniified voters of said down the question of whether Street Improvement Bonds shall be issued by said municipality in the principal amount of One Hundred Fifty Thousand Dollars (150,000) for the purpose of providing funds to nay the cost of opening, paving, grading, curbing, repairing, resurfacing, relocating, hard surfacing and otherwise improving streets, sidewalks and ways in the Town of Savannhh Beach, Tybee Island, acquiring property, both real and personal, and easements and rights of way necessary therefor and paying expenses incident thereto, relocating water and sanitary sewer lines for the pupose of such street improvements and constructing storm sewers for the draining of the streets so improved. 11. The bonds shall be dated November 1, 1960, shall be in the denomina- tion of $1,000 each, and shall bear interest at a rate not exceeding three and three — quarters per cdntum (3.75) per annum, payable semi — annually on the lst.days of May and November in each year, and the principal of said bonds shall mature and be paid on the 1st day of November as follows: $5,000 in each of the years, 1962 through 1967 and $10,000 in each of the yearn 1968 through 1979. III. Due provision shall be made at the holding of said election so that those voting at said election who favor the issuance of said bonds may vote: "FOR ISSUANCE OF $150,000 STREET IMPROVER MENT BONDS" And those voting at said election who oppose the issuance of said bonds may vote, "AGAINST ISSUANCE OF $150,000 STREET IMPROVEMENT BONDS" IV. BE IT rUiiTHER RESOLVED by the authority aforesaid, and it is hereby resolved, that the election herein called to be held October 4, 1960, shall be held by the same persons and in the same manner and under the same rules and regulations as elections for officers of the municipality, and the managers of said election shall make returns thereof to the governing body of the Town of Savannah Beach, Tybee Island, which body, in the presence of and together with, the several managers of said election, shall consolidate said returns and declare the result of said election, and the clerk of said city be, and is hereby authorised and instructed to publish the notice of said election in terms of law in the newspaper in which sheriff's advertise- ments for Chatham County are published for a period of not less than thirty (30) days previous to said election, and the notice of the election shall be substantially in the following form, to wit: NOTICE OF BOND ELECTION TO THE QUALIFIED VOTERS OF THE TOWN OF SAVANNAH BEACH TYBEE ISLAND, GEORGIA 1. NOTICE is hereby given that on October 4, 1960 election will be held in the Town of Sa. -annah Beach, Tybee Island, Georgia, at which time there will be submitted to the qualified voters of said. town for their determination the ques- tion of whether Street Improvement Bonds sha 11 be issued by said municipality in the principal amount of One Hundred Fifty Thousand Dollars ($150,000) for the pur- pose of providing funds to pay the cost of opening, paving, grading, curbing, re- pairing, resurfacing, relocating, hardsurfacing and otherwise improving streets, sidewalks and ways in the Town of Savannah Beach, Tybee Island, acquiring property, both real and personal, and easements and rights of way necessary therefor and paying expenses incident thereto, relocating water and sanitary sewer lines for the purpose of such street improvements and constructing storm sewers for the draining of the streets so improved. 2. The bonds shall be dated November 1, 1960, shall be in the denomi- mation of $1,000 each, and shall bear interest at a rate not exceeding three and three — quarters per centum (3.75 %) per annum, payable semi — annually on the 1st days of May and November in each year, and the principal of said bonds shall mature and be paid on the 1st day of November as follows: $5,000 in each of the years 1962 through 1967 and $10,000 in each of the years 1968 through 1979. 3. The principal of and the interest on the bonds shall be payable in lawful money of the United States of America at such bank or banks as may be here- after designated. 4. The manner and under the municipality. 5. Due that those voting at election shall be held by the same persons and in the same same rules and regulations as elections for officers of said provision shall be made at the holding of said election so said election who favor the issuance of said bonds may vote, "FOR ISSUANCE OF $150,000 STREET IMPROVE- MENT BONDS" and those voting at said election who oppose the issuance of said bonds may vote, "AGAINST ISSUANCE OF $150,000 STREET IMPROVE -- MENT BONDS" Attest: TOWN OF SAVANNAH BEACH, TYBEE ISLAAID HENRY M. BUCKLEY CLERK OF COUNCIL BY BANES A. BROWN, MAYOR 1 1 V. BE IT FURTHER RESOLVED, and it is hereby resolved by the authority aforesaid, that if said issue of bonds is authorized, then by proper ordinance the Mayor and Councilmen of the Town of Savannah Beach, Tybee Island, will levy a tax, sufficient in amount, to pay the principal of and the interest on said bonds at their respective maturities, as required by The Constitution of the State of Georgia. VI. BE IT FURTHER RESOLVED, and it is hereby resolved by,the authority aforesaid, that the Town of Savannah Beach, Tybee Island, shall and does reserve the right to sell said bonds in such amounts and at such times as the fiords may be needed by said municipality for the purposes for which they were issued. VII. BE IT FURTHER RESOLVED, and it is hereby resolved by the authority aforesaid, that all resolutions, or parts of resolutions, if any, in conflict with this resolution this day passed be, and the same are, hereby repealed. ADOPTED AND APPROVED SEPTEMBER 2, 1960. 1, HENRY M. BUCKLEY, Clet k of Council of the Town of Savannah Beach, Tybee Island, do hereby certify that the foregoing is a true and correct copy of a resolution adopted and approved by the Mayor and Councilmen of Savannah Beach, Tybee Island,, in special meeting assembled, Septemtet 2, 1960. CLERK OF COUNCIL (SEAL)