The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1949-05-14
PUBLIC NOTICE

fUhLlC NVEkCE
Notice is hereby given that the
Board Of Commissioners of Ever
gia&es Drainage District, a drain
age district and body corporate ex-:
istfng under and by virtue of the
laws of the State OF Florida, will
apply To the 1919 Session Of the
Florida Legislature, which c0nven-
ed on Tuesday, April 8, IS49, tn
pass, adopt>and enact q special law.
applying only to the territory e0n-s
tanned within said drainage district.
as located within the respeetive
countiesr Of Dade, Broward, Martha
Palm Reach, st. Lucie, y0keechohee,.
tilades, Highlands. Hendry, Monroe
and Collier counties, said law req
f}istrict, and amending Chapter
645s, Laws of Florida, Acts 1919
and all acts amendatory there0f,
Chapter I47I7, Laws Of Floftda. Acts
1881 and all acts amendatory there
of and Chapter 2065S, Laws of
Floridas Acts 1871 and ar acts
'aaendatory 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 alb pse-
eeeds therefrom and all other In
come OF said District, excepting
administration taxes, for debt SER
vice use; directing the investment
of all debt service money and prot
ceeds of all land sales and other in
come of said District in United
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 Del
jointly agreed upon by said State
Treasurer and the Board of Com
missioners of said District to be
to the best interests of said District,
and the purchase of all bonds of
said District at the earlier callable
date thereof if not earlier Offered
for purchase; providing that said
District and it's Board of Commits
sieners shall have no. authority to
other tax to service bonds after the
face value of securities so deposited
with the State Treasurer is equalf d
in amount to the total principal
sum OF outstanding District bonds. |
with interest thereon as provided
date thereof; providing that when1
face value of securities so deposited \
with State Treasurer are equal to
meet all bond retirement needs as1
aforesaid, said District shall cease !
to.-eXist asa body corporate. and
the terms of office of the Board of
Commissioners thereof shall there
N nj fi0a llu tarminatQ. nrO-
viding that in no event shall said
District have power or authority
to, or shall, levy or collect any
administration tax after the calen-
dar year 1851: providing further
that the Board of Commissioners of
istence as a body corporate after
payment is made or assured of all
outstanding District bonds, for the
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 upon the sterilization of such
agencies and the active and sub
Stantial commencement of their
work, said Board of commissioners
shall have authority to convey to
facilities equipment, locks, canals,
rights of way, and other assets, in
GLIDING the assignment of the pro-
ceeds Of any oil leases, as and for
the contribution of said Everglades
Drainage District to such water or
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 he
to accomplish the winding up.
liquidation, and dissolution of Ever
glades Drainage District at the
earliest possible date that moneys
or securities on hand are Sufflclent |
to 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,
and repeating all laws in conflict
herewith.
Said Special Law will he intro
duced in either the Senate or House
of Representatives on day more
than thirty 800 days after the pub.
Tication OF this notice in: Miami
Herald, Miami, Florida: FIT. Lauder
dale News, FIT. Lauderdale. Florida:
Stuart News, Stuart, Florida; News
Tribune, FIT. Pierce, Florida: Okee-
chobee News, Okeechobee. Florida:
Glades County Democrat. Moore Ia
ven. Florida; Highlands County /
News, Sebring, Florida: Clewiston
News, Clewisten, Florida: Collier
County News, Naples, Florida; Ever
glades News, Canal Point, Florida;
Kew West Citizen, Key West, Flor
ida: each of said respective news
papers being newspaper Of gem
eral circulation published in said
respective designated county OF
Florida. .
OF EVERGLADES DRAIN
AGE DISTRICT.
BY STACY ROGERS,