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01-23-1945 Special Meeting J MINUTES OF SPECIAL MEETING OF MIAMI SHORES VILLAGE COUNCIL JANUARY 23, 1945 A Special Meeting was called by the Village Council for the purpose of hearing the Chairman and representative members of the Property Owners Association on the matter of Miami Shores Golf Course settlement pro- posals. Those attending were : Mayor Oscar E. Dooly and, Councilmen Earnest, Arnold, Reynolds and Thompson., as well as Mr. Sappenfield and Mr. McCall. Mr. Frank Lautz, as Chairman, represented the Property Owners Association. Mr. Dooly opened the meeting, stating that the purpose of this meeting was to allow members of the Prop- erty Owners Association to familiarize themselves with facts concerning the Golf Course. Mr. Lautz called upon Mr. Stanley Milledge (Council for the Property Owners Association) to discuss this matter of calling a bond issue. Mr. Dooly discussed previous action which had been taken by the Village to protect their equity in the Golf Course stating that he thought there was no necessity of having a bond issue floated at that time. Mr. Milledge stated that the Village should have a definite objective regarding the Golf Course as to action that would be taken at the end of the 10 year period. The question was asked if there is a final decree of foreclosure. Mr. Dooly explained the operation of the (9 F- _� 2 t� 2 - Golf Course under the receivership. Mr. Sappenfield also explained status of the receivership and stated that there is no decree of sale. Mr. Milledge presented his legal interpretation of the Golf Course situation. Mr. Dooly stated that the Golf Course would be continued to operate as a "going" concern until the ten year receivership expired. Mr. Milledge stated that the concern of the Property Owners is the ultimate outcome of the Golf Course and whether interest was accumulating on the debt that the Tax Payers would eventually have to pay. Mr. Dooly asked if the Property Owners thought that Municipal operation of the Golf Course would be more economical than the Court operation is. Several members of the Property Owners Association expressed them- selves in the afirmative. The possibility of a bond issue was discussed. Mr. Reynolds stated that, in his opinion, the Village should wait for 3, 4, or 5 years to act, either in floating a bond issue or to bargain with the Mortgagee. Mr. Arnold said that the reason he moved to Miami Shores was because there was no bonded indebtedness and because of the low taxes. Mr. Millege discussed interest rates on bonds, also stating that he could not see that if an election on the bond issue did not carry, that it would be detri.men- 971 1.25 3 - tal to the Community. And further, that it was not reasonable to suppose that the Judge would favor Miami Shores Village in protecting them on this issue of own- ership of the Golf Course, inasmuch as it has already been a receivership for five years and it could be said that the Village had not been interested all this time, so why should it be considered now? Mr. Arnold definitely stated that he was opposed to bond issues, but if 10% of the voters were in favor of this, he would be also. Mr. Milledge stated that if the Golf Course was operated as a Municipal Course intead of an exclus- ive, private club, it would be successful. The Property Owners Association wanted to know if any final (legal) opinion had been given on this matter of the Golf Course foreclosure. Mr. Dooly said that there had not been, but that the Council was responsible for its actions. Mr. Dooly suggested that if a bond issue was called, that the facilities should be enlarged, such as construction of a swimming pool, tennis courts, etc. The Property Owners Association proposed that these things be listed and presented to everyone in the Village to show what would be accomplished, ultimately in a •bond issue. Such objective would be worth putting up to the people. Mr. Dooly stated he was diametrically opposed to a bond issue, but if the Golf Course could be made an �T 127 4 - enlarged facility for the Village that everyone could enjoy, he would suggest that such action be instituted by the Property Owners Association rather than by the Council* Mr. Arnold stressed the necessity of includ- ing Playground space for children of the Village in the event the Golf Course property was enlarged to include these other facilities. Mr. Franck, of the Property Owners Association spoke in behalf of the Association, asking that a writ- ten opinion be drawn up as to the intention of the mort- gagors by the Village Attorney. Mr. McKee, of the Association, favored the operation of the Golf Course by the people. Especially if enlarged facilities are added. Mr. Garvey, of the Association, said he had never joined the Golf Club, but does not think the Village should lose the Golf Course but questioned whether the people will vote for it- unless it is clearly pre- sented to them so they will understand the true situation. Mr. Reynolds reminded Mr. Garvey that the people should also understand that the Club has not made money but for one year since its operation. Mrs . Franck asked if securing the opinion of the Village Attorney would be the first step to clarify this matter, stating that the Property Owners did not want to antagonize or act to the detriment of any one. i3� - 5 - Mr. Milledge stated that the property owners now understood the Council would vote favorably on this issue if a bond election carried. Mr. Dooly � property Owners Associa- tion to get a petition signed by 10% of the Freeholders and that the Council would present a good picture of the proposition to the voters, from an unbiased viewpoint. The Property+Owners Association stated that they would give a report of their action to the Council at their next regular monthly session. -Meeting adjourned. Vil e Mana r and Clerk Approved: Mayor 3 Y 133