The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1949-05-21
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PUBLIC NOTICE

Notice IS hereby, given that the
+ Beard OF -c9nanlisaE 6nATs of Ever
glades Drainage District drain-
age district and body corpbrate ex-
listing under and by virtue ef the
Apply a%s q 6 se the ss iss e 81 se
| Florida legislatures whieh eehven-
| ed on Tuesday, April s., 1949. to
pass, adopt and enact q sPec3al law,
applying only to. the territory con-
tanned within said drainage district,
! as located within the respective
I counties of Dade, Broward, Martin.
! Palm Beach, st. .Lpcies Okeechobee.
| Glades, Highlands. IEendry. Monroe
| and Collier counties, said law re-
lating to the Everglades Drainage
District, and amending Chapter
6456, Laws of Florida, Acts lSI3
Chapter l47l7, Laws OF Florida. Acts
] 1881 and all acts amendatoryt there
/ Of, and Chapter 2065S. Laws of
J Florida. Acts 1871 and all acts
aInendatery thereof; By providing
! for the speedy retirement OF all out :
| standing bonded indebtedness of
| said District and the authority and
| procedure thereof; authorizing and
/ directing the prompt sale" OF all
| lands owned by said District and
all rights therein and not involved
In litigation and the use Of all pro-
! ceeds ttherefrom and all other in
come of said District. excepting
vice use: directing the Investment
| of all debt service money and pro
/ ceeds OF all land sales and other in
come of said District in Emitted
States Government Bonds; provid-
ing for the deposit of all bonds and
securities now and hereafter owned
by said District for debt service re-
tirement with the. State Treasurer
of Florida, authorizing, empowering
and directing the sale OF such bonds
and securities of said District and
the use OF the proceeds thereof to
purchase and retire outstanding
bonds of said District at such times
and for such amounts as may he
jointly agreed upon by said State
Treasurer and the Board OF Com
mfssioTiers of said District tocbe
to the best interests of said District.
and the purchase of all bonds of
said District az the earlier callabfe
Tor purchaser: providing that said
District. and its Bonrd OF Commits
sfoners shall have no authority., TO
levy acreage, debt service, or any
other tax to service bonds after the
face value of securities so deposited
with the State Treasurer is equal
In amount to the total principal
sum of outstanding District bonds;
with interest thereon as provided
therein to the earliest coll able
date thereof. providing that when
face value OF securities So deposited
with State Treasurer are equal to
meet all bond retirement, needs as
aforesaid. said District shall cease
to exist as a body corporate, and
the terms of office of the Board of
commissioners thereof shall there
upon automatically terminate: pre-
vding that in no event shall said
District have power or, authority
administration tax after the; .cafen-
dar year: 1851; providing further
that the Board of Commissioners OF
said District may continue, in .ex-
istence as body corporate after
payment is made or assured of all
sole and limited purpose of .liqui-
dating said District and co-opera-
ting with State. of Florida, or
United States agencies on flood or
water control. as to the areas with
in the territory now. included with
in Everglades Drainage District,
and unon the ,stabiliZation Of such
agencies and the active and sub
StantIaI commencement of their |
work, said Board of Commissioners
shall have authority to convey to
such agency or agencies all of the !
iSASsAtNhCS,~ ,faChSs CdItxilSt
rights of way. and other assets. in
Guiding the assignment of the pro-
ceeds of any oil leases. as and for !
the contribution OF said Everglades |
Drainage District to such water or 4
flood control work, upon condition.
however, such property shall al
ways. be used for such purpose for
the benefit OF the lands formerly
included in said District and the
inhabitants thereof; defining the
Legislative purpose Of this act to be
to accomplish the winding up.
liquidation, and dissolution OF Ever
glades Drainage District at the
or securities on hand are sufficient |
10 pay or assure the payment of all |
outstanding District Bonds. and to |
prohibit the levy of any taxes by !
said District after such time, and |
to provide orderly disposition of the |
assets of said District thereafter in !
the interests of the public welfare, |
herewith.
Said Special Law will be intro
,daeed in either the Senate or House |
OF Representatives on a day more
than thirty 139l days after the pub |
lication Of this notice In: Miami /
Herald, Miami. Florida; FIT. Lauder |
dale News. Ft. Lauderdale, Florida:
stuart News, Stuart. Florida; News |
Tribune. Eft. Pierce, Florida: Okee- /
chobee News, Okeechobee, Florida: |
Glades County Democrat. Moore Ifa- |
ven, Florida; Highlands County
News, Sebring. Florida: Clewiston !
News. Clewiston, Florida; Collier |
county News. Naples. Florida: Ever ,
glades Newss Canal Point. Florida F: I
Key West Citizen, Key West. Flor |
ida; each of said respective news
papers being q newspaper of gen. !
erai circulation published in said
respective designated county of :,
Florida.
BOARD OF COMMISSIONERS F
OF EVERGLADES DRAIN
AGE DISTRICT.
BY STACY ROGERS,
Chairman
sa apr. 80; 1919, l