Fort Walton Beach Resolution — 50-3--Enlarge Municipal Water Plant — reading text

Oo 06” 9 R-E-S-0-L-U-T-I-O-N 50-3 A RESOLUTION PROPOSING TO ENLARGE THE MUNICIPAL WATER WORKS PLANT AND SYSTEM, AND TO EXTEND THE SERVICE THEREOF WITH- IN AND WITHOUT THE BOUNDARIES OF THE : TOWN OF FORT WALTON, FLORIDA; AMD TO PRO- | VIDE FOR THE PAYMENT THEREOF "BY THE ISSU-_ ANCE OF NEW WATER REVENUE CERTIFICATES AND | RETIREMENT OF GB WATER CERTIFICATES PRE- SENTLY OUTSTANDING. : WHEREAS, due to the tremendous growth in population and development of the Town of Fort Walton and its environs, the water works plant, its equipment, supply and distribu- — tion thereof has become inadequate to serve the inhabitants. of said Town, and WHEREAS, there is a great need and demand for water service by persons living outside the corporate limits of the Town, and | WHEREAS, the Town Council considers it to be necessary for the protection and promotion of the public health, safe- ty and welfare of the inhabitants of the Town to fulfill the needs of the people, both within and without the corporate | limits of the town, and WHEREAS , in order to provide such greater service and supply, it will be necessary to construct and purchase fur- ther water works equipment, facilities and distribution lines, and | WHEREAS, there is presently outstanding as a first lien upon the revenue derived from the water works plant and distri- bution system, certain revenue certificates -dated September 1, 1947, which were issued pursuant to Ordinance, adopted February 10th, 1947, authorizing the issuance of $160,000.00 water revenue certificates of the Town of Fort Walton, and WHEREAS, in order to obtain sufficient funds to pur- chase and construct said improvements and appurtenances, it will be necessary to issue new water revenue certificates, and to retire the outstanding water certificates, now there- fore: | BE IT RESOLVED BY ‘THE TOWN COUNCIL OF THE ' TOWN OF FORT WALTON, STATE OF FLORIDA: | 1. That for the purpose of éxténding the water service to a greater number of inhabitants both within and without the confines of its corporate limits, the Town of Fort Walton | shall construct and purchase such extensions, additions and improvements, including eqhipment, pumps, pump-houses, well or wells and storage tanks to and for its municipal water works plant and distribution system as the Town Council may deem expedient and necessary and can accomplish within the — amount of funds supplied through the issuance of water certi- ficates, as hereinafter set out and described. 2. The territory to be covered by the aforesaid construc- tion and purchase shall be generally the Town of Fort Walton and all outlying areas within five miles of the corporate limits of said Town, the Town Council to decide and determine the specific area or areas to be covered therein. | 36 That the Town of Fort Walton shall acquire all real | property, easements, or other rights and interests in realty, as may be found necessary to effectuate the interests and pur- poses of this resolution. 4. That the Town issue the water revenue certificates which . shall pear a reasonable rate of interest and be in the amount of O oe O os $500,000.00, which certificates together with the interest thereon, shall be payable only and solely from the revenue derived from the operation of the water works plant and dis- tribution system, said certificates to cover not only the costs of accomplishing the purchase and construction of equip- ment and improvements as set out in Paragraph One hereof, but to also cover the retirement of water revenue certificates pre- sently outstanding in the approximate amount of $157,000.00, the specific details thereof to be provided for by Ordinance. 5. That a public hearing on the proposals herein con tained shall be held at a Special Meeting of the Town Council at its usual meeting place in the Town of Fort Walton on the 16th day of August, 1950, at $8 otclock J>.M., at which time and place any and all persons desiring to be heard or to present any matters for or against the construction of the pro- posed extensions, additions and improvements to the water works plant and distribution system, and the issuance of new water revenue certificates and the retirement of existing water re- venue certificates, or the method of payment thereof, will be heard. Objections shall be in writing and filed with the Town Council on or before the 16th day of August, 1950, but the fail- ure thereof shall not preclude any person from being heard thereon, time permitting. 6. The Town Clerk is directed to post this resolution immediately and to forthwith publish a synopsis of this reso- lution together with notice of said hearing, one (1) time in a newspaper of general circulation in Okaloosa County, State of _ Florida. a Councilman ¢ ‘Ei, Titetaey | thereupon moved that the foregoing resolution be adopted, which motion was. second- ed by Councilman Ce We Pratt | .- Upon roll _ ~ . : © | O 4 oe call the vote was gyy (4feas, and No Nays, and the resolu- tion was declared adopted. ADOPTED: _—-dully 25, 1950 APPROVED: 19), PFC Atom MAYOR