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Home My Public Portal About2004-08 Authorizing the Issuance of not exceeding $1,300,000 of Land Acquisition and Capital ImprovementORDINANCE NO. 2004-8 AN ORDINANCE OF THE VILLAGE OF KEY BISCAYNE, FLORIDA AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $1,300,000 OF LAND ACQUISITION AND CAPITAL IMPROVEMENT REVENUE BONDS OF THE VILLAGE OF KEY BISCAYNE, FLORIDA; PROVIDING FOR A SUPPLEMENTAL RESOLUTION SETTING FORTH THE DETAILS OF SAID BONDS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, on April 23, 2002, the Village Council (the "Council") of the Village of Key Biscayne, Florida (the "Village") adopted Ordinance No. 2002-2 authorizing the issuance of not exceeding $1,500,000 Land Acquisition Revenue Bonds or bond anticipation notes for the purpose of financing a portion of the costs of acquiring land located at 530 Crandon Boulevard (the former Citgo station site) for Village purposes, financing architectural, engineering, environmental, legal and other planning costs related thereto, and paying costs of issuance of the bonds or notes; and WHEREAS, the Village acquired the property for $1,800,000 in cash and desires to authorize an additional $300,000 of bonds or notes to reimburse the project fund for such purchase; and WHEREAS, the Village desires to authorize the issuance of not exceeding $1,000,000 of bonds or notes for the purpose of financing a portion of the costs of site improvements for the Village's civic center, and financing architectural, engineering, environmental, legal and other planning costs related thereto, and paying costs of issuance of the bonds or notes; and WHEREAS, the Council desires that the bonds or notes be secured by legally available non - ad valorem revenues of the Village, as further specified by subsequent resolution of the Council. NOW, THEREFORE, BE IT ORDAINED BY THE VILLAGE COUNCIL OF THE VILLAGE OF KEY BISCAYNE, FLORIDA, AS FOLLOWS: Section 1. In accordance with the provisions of the Charter of the Village of Key Biscayne, Florida and Chapter 166, Florida Statutes, there are hereby authorized to be issued Land Acquisition and Capital Improvement Revenue Bonds (the "Bonds") or bond anticipation notes (the "Notes") of the Village, in an aggregate principal amount not to exceed $1,300,000, in one or more series, for the purpose of reimbursing the project fund for additional costs of acquiring land located at 530 Crandon Boulevard (the former Citgo station site) for Village purposes, financing a portion of the costs of site improvements for the Village's civic center, financing architectural, engineering, environmental, legal and other planning costs related thereto, and paying costs of issuance of the { M 1230822_1} Bonds or Notes. If Bonds are issued they shall be designated "Village of Key Biscayne, Florida Land Acquisition and Capital Improvement Revenue Bonds" (with appropriate series designation), or such other designation as may be approved by supplemental resolution, shall be dated such date, shall be in such denominations, shall be stated to mature in such year or years not later than twenty (20) years from their date of issuance, shall bear interest from their dated date at a rate or rates not exceeding the maximum rate permitted by law at the time of issuance of the Bonds, shall be subject to redemption at the option of the Village at such times and prices, and shall have such other details, all as shall hereafter be determined by the Council by supplemental resolution. If Notes are issued, they shall be designated "Village of Key Biscayne, Florida Land Acquisition and Capital Improvement Revenue Bond Anticipation Notes" (with appropriate series designation), or such other designation as may be approved by supplemental resolution, shall be dated such date, shall be in such denominations, shall be stated to mature in such year or years not later than three (3) years from their date of issuance (not including any renewals or extensions of the Notes), shall bear interest from their dated date at a rate or rates not exceeding the maximum rate permitted by law at the time of issuance of the Notes, shall be subject to redemption at the option of the Village at such times and prices, and shall have such other details, all as shall hereafter be determined by the Council by supplemental resolution. The supplemental resolution may be adopted, and the Bonds or Notes may be issued, at any time after the effective date of this Ordinance; and such supplemental resolution may combine, as one issue, the Bonds or Notes authorized hereunder and the bonds or notes authorized under Odinance No. 2002-2. Section 2. The Village Manager and the Village Finance Director are each hereby authorized to negotiate with banks or other financial institutions for the purchase of the Bonds or Notes and with respect to the terms of the Bonds or Notes. The Village Attorney, Bond Counsel and the Financial Advisor to the Village are hereby authorized to draft documents and to do all other things necessary to accomplish the issuance and sale of the Bonds or Notes. Section 3. This Ordinance will become effective immediately upon adoption on second reading. {M1230822_1) 2 PASSED AND ADOPTED on first reading this 3rd day of August , 2004. PASSED AND ADOPTED on second reading this 31st day of August , 2004. .4_,c), &t_ i, 6._ - MAYOR ROBERT OLDAKOWSKI CONCHITA H. ALVAREZ, CMC, VILLAGE CLE APPROVED AS TO FO AND LEGAL SUFFICIENCY: VILLAGE ATTORNEY (M1230822_11 3 VILLAGE -OF KEY.B!SCAYNE, ; IOFFICE'OF tillEVILLAGE CLERIC- PUUBC NOITJOE MIAMI DAILY BUSINESS REVIEW Published Daily except Saturday, Sunday and Legal Holidays Miami, Miami -Dade County, Florida STATE OF FLORIDA COUNTY OF MIAMI-DADE: Before the undersigned authority personally appeared O.V. FERBEYRE, who on oath says that he or she is the SUPERVISOR, Legal Notices of the Miami Daily Business Review f/k/a Miami Review, a daily (except Saturday, Sunday and Legal Holidays) newspaper, published at Miami in Miami -Dade County, Florida; that the attached copy of advertisement, being a Legal Advertisement of Notice in the matter of VILLAGE OF KEY BISCAYNE - MEETING - 8/31/2004 ORDINANCE AMENDING CHAPTER 30 "ZONING", ETC. in the XXXX Court, was published in said newspaper in the issues of 08/19/2004 Affiant further says that the said Miami Daily Business Review is a newspaper published at Miami in said Miami -Dade County, Florida and that the said newspaper has heretofore been continuously published in said Miami -Dade County, Florida, each day (except Saturday, Sunday and Legal Holidays) and has been entered as second class mail matter at the post office in Miami in said Miami -Dade County, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement; and affiant further says that he or she has neither paid nor promised any person, firm or corporation any discount, re• - e, commis '• • or refund for the purpose of securing thi adverti -nt for .ublication in the said newspaper. (SEAL) Sworn to and subscribed before me this O.V. FERBEYRE personal! "seiRirt Maria 1. Mesa • My Commission DD293855 tl 1Rts March 04, 2008 .�c Notice is given _ that Atie foil¢wing -ordinances will be considered on t"econd Reading by the Villa 'edoncil of the Village of Key Biscayne at a meeting to be held on Tuesday, August 2004 at 7:00 p.tn.; in the Council Chamber, located at'560 Crandon Boulevard, Key Biscayne, Florida: - AN -ORDINANCE OF' THE VILLAGE_ OF -KEY BISCAYNE, FLORIDA, AMENDING THE VILLAGE CODE BY AMENDING - CHAPTER'` 30; '"ZONING," AT ,,__SECTION -30-104 "INST1TUTIiONA 'DIST# ICT"- TO -Apt _ " :,LAGE =F ECREA- TIOIt1AL F ; I TIES" -TO THE MST ppil _ _ ERMITI'ED. USES; AMENDING SECTION 30-112 "_ , _ AL USE REGULATIONS," AT SUBSECTI �O ),,-. EXEMP- TION" TO PROVMDE HEIGHT' -EXEMPTION t•_ . LIGHTING STRUCTURES FOR.VILLAGE RECREATIONAL" FACILITIES; PROVIDING'FOR SEVERABILITY; PROVIDING, FOR INCLU- SION INOODE; PROVIDING FOR AN EFFECTIVE DATE. AN ORDINANCE OF THE VILLAGE - OF- 10EY BISCA1f NE, __FLORIDA, PROVIDING FOR AMENDMENT OF THE VILLAGE CHARTER BY AMENDING sgcticiN 5.01 "ELECTIONS"; BY PROVIDING FOR THE ESTABLISHMENT. OF :PRIMARY ELECTION SYSTEM - AND -PROCEDURES PERTINENT THERETO; PROVIDIN0f R REVISION OF MAYORAL AND COUNCIL "ELECTION "DATE, = COMMENCIINGx WITH 2006 ELECTION;- TO'PROVIDE,FOR PRIMARY ELECTIONS FOR MAYOR AND COUNCIL TO'BE IN OCTOBER -OF -EACH EVEN NUMBERED -YEAR AND FOR REGULAR -ELECTIONS FOR MAYOR AND _COUNCIL TO BE IN NOVEMBER .OF EACH EVEN NUMBERED YEAR, 'AND ELIMINATING RUNOFF ELECTION -SYSTEM WHICH- CURRENTLY PROVIDES _FOR RUNOFF -ELECTIONS TO BE HELD -,TWO WEEIKS:FOLLOW! ING REGULAR -ELECTION; AND ALLOWING ELECTION DATES TO BE FURTHER ADJUSTED BY, ORDINANCE OF THE VILLAGE; COUNCIL; CALLING AN ELECTION ON THE PROPOSED AMENDMENTS TO THEIVIILLAG CHARTER TO BE HELD ON TUESDAY, :NOVEMBER :2,:2004; PROVIDING FOR SUBMISSION TO THE ELECTORS-FORAPPROVAL OR DISAPPROVAL THE -CHARTERpAMENDMENTS•SETFORTH HEREIN; PROVIDING FOR REQUITE., BALLOT LAN- GUAGE; PROVIDING FOR PROCEDUREFOR BALLOTTING; PROVIDING FOR NOTICE OF ELECTIONt_P.ROVIDING FOR INCLUSION IN THE CHARTER; , PROVIDING- FOR-SEVERA- BILITY; AND PROVIDING FOR AN EFFECTIVE,DATE. AN ORDINANCE OF- THE VILLAGE, OF -KEY BISCAYNE, FLORIDA AUTHORIZING THE -ISSUANCE OF NOT EXCEED- ING $1,300,000 OF LAND ACQUISITION AND CAPITAL IMPROVEMENT REVENUE BONDS OF THE VILLAGE OF KEY BISCAYNE, -.FLORIDA; PROVIDING FOR A SUPPLE- MENTAL RESOLUTION SETTING FORTH THE DETAILS OF SAID BONDS; AND PROVIDING AN EFFECTIVE DATE. The proposed Ordinances may be inspected by the public at the Office of the Village Clerk. Interested parties may -appear at -the Public Hearing and be heard with respect ,to the proposed Ordinances. Any person wishing to address the Village Council on any jtem at this Public Hearing is asked to register with the Village Clerk prior to that item being heard. In accordance with the Americans With Disabilities Act of 1990, all persons who are disabled and who need special accommodations to participate in this proceeding because of that disability should contact_ the Office of the Village Clerk, 88 West McIntyre Street, Suite 220, Key Biscayne, Florida 33149, telephone number (305) 355-5506, not later than two business days prior to such proceeding. Should any person desire to appear any decision of the Village Council With respect to any'matter to be considered at this meeting, that person shall insure that a verbatim record of the proceedings is made including .all testimony and evidence upon which any appeal may be based (F.S. 286.0105). Comments of any interested party relative to this matter may be submitted in writing and or presented in person at the public hearing. Conchita H. Alvarez, CMC Village Clerk 8/19 _ - 04-4-84/480701 M