O-72-39 MIAMI SHORES VILLAGE
ORDINANCE NO. 72
AN ORDINANCE RATIFYING THE PURCHASE OF PIPE AND FITTINGS
FOR THE GOLF COURSE SPRINKLER SYSTEM UNDER CONDITIONAL
SALE CONTRACT AND AUTHORIZING EXECUTION OF FORMAL
CONTRACT.
BE -IT ORDAINED BY MIAMI SHORES VILLAGE:
Section 1. That the pipes and fittings describedonthe list
hereto attached, on and subsequent to May 1, 1938, were purchased by
the Golf Course Committee from Bessemer Properties, Incorporated, for
the price of $7,465.06, upon the understanding and agreement that
title to said pipes and fittings was being and would be retained
by said seller until the agreed price be paid in installments
with reasonable interest, as should be fixed by the Council; that said
price was fixed and the purchase on said terms was made, subject to
approval by the Council , upon the recommendation of the Village Manager
after full investigation, said pipe and fittings including the lot
purchased from W. N. Booth by Bessemer Properties, Incorporated, at
the request of the Village 1.1anager, the balance being purchased at, or
less than market prices, and all the same and the installation of the
sprinkler system being of material aid in the construction and main-
tenance of said golf course, and that said transaction was heretofore
informally reported to the Council and approved. Said attached list
is identified by signatures of the Village Manager and of a representa-
tive of said seller.
Section 2. That said purchase and conditional sale contract
are hereby expressly approved, ratified and confirmed in behalf of the
Village, and the officers of the Village are hereby authorized and
directed to execute, enter into and deliver a conditional sale contract
for purchase of said pipes and fittings from Bessemer Properties,
Incorporated, as of January 2, 1939, for said price of $7,465.06,
payable as follows:
$1000.00 per annum for three years, then $2000.00 per
year thereafter until paid, together with interest on the balance
from time to time at the rate of 5% per annum, provided that said
sum and interest be paid entirely from the surplus proceeds, if any,
from the operation of said golf course after payments on the certi-
ficates of indebtedness and mortgages heretofore made to Bessemer
Properties, Incorporated, and to Ethel M. Hauk; and provided further
expressly that said property purchased as aforesaid shall be the
sole security for said purchase price.
Section 3. That said conditional sale contract be in form
approved by the Village attorney and may include provision for
acceleration and repossession upon or after default, but shall
specifically provide that this Village or the Golf Course Committee
shall in no ;Wise be under any general obligation for performance of
said contract, nor shall taxes be required to be levied therefor.
REGULARLY PASSED xND ADOPTED, this January 17,
1939.
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Miami Shores Village Miami, Florida
9553 North East Second Avenue
Miami, Florida December 31, 1936
In Account With
BESSZM PROPERTIES, INCORPORATED
1317 Biscayne Boulevard
LOT No. l
One lot galy. iron pipe
Including misc. fittings
1536t — 4• of 4: pipe ® 630 $ 967..69
%3' «- 3" of 3� pipe ® 41 1,048.93
2f — lo" of 20 pipe 8 20¢ 1,096.57
795' - 11" of It" pipe 6 15¢ 119.39
259t — 110 of It" pipe ® 120 31.19
$ 3,263.97
Less Discount of 29.53 1/3% 963.97 2,300.00
IAT NO, 2
One lot galy, iron pipe
5301 — 0" of 48 pipe 0 400 $ 212.00
Less Discount 25% 53.00 159.00
IAT M. 3
One lot Cast iron pipe & fittings
5630' — 60 of 60 pipe 0 600 $ 4,664.0
4 } valves a $14.00 56.00
6° — 6" valves a $24.00 192.00
Miscellaneous fittings 100.00
$ 5,012.00
Less Discount 259E 1,253.00 3.759.00
LOT=
One lot Universal C. 1. Pipe
1990, — 06 of 4N pipe @ 50¢ $ 990.00
Less Discount 25% (from Port Mayaca,Fla.) ____247.50 742.50
9AM
One lot Cast iron pipe
29811 — o' No Di pipe 0 scount $1.20 $ 345.60 345,60
LOT No. 6
One lot Cast iron pipe
5531 — ON of 46 pipe ® 560 $ 309.66
Less Discount 25% 77.42 232.26
$ 7,539.36
Less refand for shortage on Lot Ho. 1 73.30
T O T A L $ 7.465.06
ATTACHED M AND FORMING PAST OF MIAMI SmBES VILLA= ORDMUNCE M._ !22-
MIAMI
LMIAMI SHORES VILLA0
c
BY:
C. Lawton McCall
BES PS TERT ,
BY
James H. Wilson
G John P. P. Ellis