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O-65-37 9 '1 MIAMI SHORE VILLAGE ORDINANCE NO. � AN ORDINANCE ESTABLISHING AND APPROVING THE FORMS OF BALLOTS FOR TIM GOLF COURSE ELECTION, UNDER ORDINANCE NO. 64, AND RESOLUTION NO.�?j AND RELATING TO THE CASTING OF BALLOTS. BE IT ORDAINED BY MIAMI SHORES VILLAGEt SECTION 1. That the ballots for voting by resident electors at the election called and to be held November 29, 1937, under ordinance No. 64, and Resolution No.-,- and the statements thereon of the questions to be submitted and voted upon at said election, shall be in substantially the following formt BALLOT STUB N0. .(FOR RESIDENT ELECTORS) MIAMI SHORES VILLAGE GOLF COURSE ELECTION, NOVEMBER 29,1937. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - BALLOT N0. . (FOR RESIDENT ELECTORS) MIAMI SHORES VILLAGE GOLF COURSE ELECTION, NOVEMBER. 29, 1937. First Queue. By Ordinance No. 64 it is proposed that Miami Shores Village issue and sell its twenty Certificates of Indebtedness dated on or about December 1, 1937, for the principal sum of $1.0,000, payable in installments of $500 semi-annually over a period of ten years commencing one year after completion of the golf course contemplated by said Ordinance (but not later than 22 months from the date of such certificates) together with interest at the rate of 4% per annum on the amounts of such Certificates from the date thereof until paid; that the proceeds of said Certificates be used to,pay part of the cost of acquiring, constructing or maintaining said golf course; and that said Certificates be secured by the full faith and credit and taxing power of the Village. The form of said Certificates and other details are set out in said Ordinance No. 64. Are you in favor t � 4 AGAINST of or .against the issuance, sale,, and use of the proceeds, of FOR SAID SAID CERTIFICATE'S CERTIFICATES such Certificates? 9 Express your choice by making an "%" mark in the space to a o the right or the left of said question. SECOND ggETION. By Ordinance No. 64 it is proposed that the electors and property owners authorize end ratify a mortgage to Ethel M. Hauk, dated - October 15, 1887, securing the snm of $20,000, payable on or before 20 years without interest and encumbering part of the lands purchased for the proposed Golf Course for said sum, described as follows: The Southwest Quarter of the Southeast Quarter of Section 54 Township 52 South, Range 42 East, in Dade County, Florida, excepting the subdivision known as Golf View Estates according to the plat recorded in Plat Book 59 at page 89, public records of said County (copy of which is on file in the V9].1 W office)., which mortgage contains clauses that the said laud will be the only security for said $20,000; for the Village to exempt said lands from taxes;. to construct, and not toabaudon, a Golf Course there- on; and other clauses, a copy of said mortgage being on file in the Village office. AGAINST SAID Are you in favor of, or against, authorizing and ratify FOR SAID MORTGAGE MORTGAGE ing said mortgage? Express your choice by making an "%" mark in the space to r t t w e e the right or to the left of said question. rye TSTRD Q�LTUESTION. By Ordinance No. 64, it is proposed that Mimi Shores Village execute and deliver to Bessemer Properties, Incorporated, subject to the mortgage to Ethel M. Hauk, a mortgage of the Golf Course and lands described therein and shown by the plat entitled. "Miami Shores -2- P Golf & Country Clubn recorded in plat book �, at page �f public records of Dade County, (and on file in the Village office) said mortgage to secure the sum of $1349,518, being $60,000 for lands purchased for said Golf Course and for a loan of $74,518 to the Village used to acquire other lands and to construct and maintain such Golf Course, said mortgage to be payable in install- ments of $2,500 semi-annually commencing one year after completion of each Golf Course but commencing not later than twenty two months from the date of said mortgage, with interest at 6% per annum from the date of said. mortgage until paid; payments on the Certificates of Indebtedness mentioned in the First Question stated above, to be credited on said mortgage; said mortgage to contain clauses making the Golf Course sole security for said $134,518 excepting said general Certificates of Indebtedness for $1.0,000 and interest; clauses for a continuing exemption of said Golf Course from taxes; against abandonment thereof; for approval of budgets and expenditures by the mortgagee; granting a franchise to the mortgagee or assigns to operate the Golf Course in event of and after a default under said mortgage; for insurance of buildings; for acceleration of all sums secured by said mortgage, and for a receiver, upon default; for Ax a ' ;s a 10% discount in charges to Miami Shores � and other AGAINST SAID clauses. A copy of said proposed mortgage is contained in FOR SAID MORTGAGR MORTGAGE Ordinance No. 64 on file in the Village office. Are you in favor of or against execution and delivery of said mortgage ,and granting ' of said franchise? ' Express your choice by making an "In mark in the space to the right or the left of said question. FOURTH gUi�STION. By Ordinance No. 64 it is proposed to establish and provide for maintenance of an 18 hole golf course in Miami Shores Village as follows: to authorize and ratify the purchase of lands described in said Ordinance, for the suns therein stated; to construct a Golf Course, Club House and other facilitibs thereon, to issue said Certificates of'Indebtedness for $10,000 and interest at 4% per annum; to .ratify said mortgage for $20,000 to Ethel M. Hauk' to authorize said mortgage for $134,518 and interest at 5% per annum to Bessemer Properties, Incorporated; to approve the plat entitled HMiami Shores Golf & Country Club" prepared by John P. B. Ellis and dated October 1937; to approve the golf course plans and specifications prepared by R. F. Lawrence; to employ R. F. Lawrence to sapervise construction of said Golf Course at compensation of $5,000; to ratify a contract with and franchise to Miami Shores Golf and Country Club, Inc., a non-profit corporation, for operation of said Golf Course, Club House and facilities for 20 years; to make $1852 of improvements in Golf View Estates, a sub- division; to exempt said Golf Course from taxation; to appropriate the revenues from said Golf Course to maintenance and operation of said Golf Course and to payment of said mortgages; to vest the Golf Course Committee with control of finances and policies; and other- wise to establish and provide for operation of said Golf Course upon the terms and conditions set forth in Ordinance No. 64 and in said mortgage, said proposed mortgage and said proposed operating contract and franchise. AGAINST FOR ORDINANCE NO. 64 ORDINAVCI Are you in favor of or against ratification of said Ordinance NO. 64. i No. 64 to provide for establishment and maintenance of said Golf ' Course? t � Express your choice by making an "g" mark in the space to the right or the left of said question. VO TZ O'N ALL FOUR RUSSTION S. PLEASE VOTE PLAINLY. SECTION 2. That the ballots for voting by property owners on the basis of assessed valuations shall be in substantially the same form as for resident electors, with the substitution of the words "For Property Owners' Votes" in place of the words "For Resident Electors", and with the addition of a blank space to state the assessed valuations of the real kh To 1AN ' Y M wk • - Bono �. 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