The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1951-04-07
5oLegal Notices
>. NOTICE OF INTENTION To
APPLY FOR PASSAGE
OF LOCAL BILL. go
Florida KEYS Aauesluct
(COntinued)


Notice is hereby given that, nur-
SoaHt to the requirement of Sec
ton u Of Article III of the Eonstf-
tuition of the State of Florida. "a,
amended at the general election IN
1883, application will he mad. Ia
the Legislature of the State of
Florida ( the regular session
which convenes in April 1854 for
the passage OF a local bin
To supplement and amend
Chapter 2l230, special Acts OF
Florida. 1871, as amended, en-
titled IAN act ratifying and
confirming the appointment Of
the members of the Florida
Keys AquedGct Commission y
and constituting said Conifnis-"
sion a body corporate and poi
itIc: prescribing and fixing the
Jurisdiction, powers and dufIes
of said Commission and Of It's
officers; authorizing said COM
mission to construct. maintain
and operate an aqueduct and 90
water distribution systems for
supplying water in the Florida
Key S area, embracing the F1or-ie
ida Keys and extending from =
the mainland TO the City of
Key West, and authorizing
said Commission to enterff' infN5tia.i
pariment of the United States !,
of America to provide for such ia
construction and for such opef.
alton and maintenance. and to
'se fro'a the City OF Key
West and to improve and oper-
- me ex4stIng water distri.
button system in said city, rati-
lying atid conrIrmIng the oosl-s
tract entered into by and be- y
tween SAID Commission and the
Navy Department under date To
8 or .aaren sS, -sly4ls authorizfnks,s
said Commission to issue negav.- S,
table water revenue bonds,
PAYABLE solely from water re- !.
venues, to pay all or part of a.
tie cost Of such constructions.
providing for the rights and
Fenle,sies of the holders Of such 3
bonds; providing that no debt
of the City of Key West or of
the County of Monroe or of the ~
County of Dade shall be In
cnrred IN the exercise of any
of the powers granted by this
Act, and denying the power 81,
taxation in any respect for the
payment of such bonds or the
interest thereon or for the pays
ment of the cost of maintain
ing, repairing and operatIAgsA..-
such aqueduet and such dfstr5-r,fis,
button systems; providing for
the collection of rates nd
sufficient TO provide for the
payment of the principal apd
interest OF surh bonds and for, -
the cost of maintaining. repair -
ing and operating such aque-
duct and such systems: prosfd-I
ing for the execution Of trust =
fndenture or trust agreement.
-. = x
to secure tho payment of snrh
bonds without mortgaging or :.
encumbering such aqueduet Or
Asfcn systems, granting the
right of eminent domain TO the i
Commission; and authorizing
the Issuance of water revenue ~
reIunding bonds, by providing q
for the REIMBURSEMENT or IT.
funding or both Of the oufsfand
ing bonds of the Commission
and the security therefor. II
respective Of whether the out
standing bonds have niatuYka Z
or whether the interest rate OF ].
the refQh1ings bonds Is the same
Z OF lower tIsans the refunded ~
bonds. by authorizing said COnzA 4.
mission 70 acquire. by eonstrsfes !,
wise, additionaE water aubt1ys
systems and water distribution
systems and to maintain, opef-
ate and improve such water
supply and water distribution
systems. by authorizing said
Commission to borrow money
for such acquisition or construe-
ton and to issue its negotiable
revenue bonds and revenue re-
funding bonds payable solely
from revenues; by providing for.
the execution Of trust agree
ments TO secure such bonds and
providing for the remedies AZ
the holders Of such bondss by
authorizing said Commission
to transfer and Sure nder To
the Navy Department Of the
Emitted States of America all :
right. title and interest Of the
Commission in and to the water IS
supply system constructed un-
der the provisions of said Chap
ter 1880 upon payment Of eonzs,s{s
sitlt rat ION therefor and 70 enter
into Contracts with said Navy
Department with respect there
To and for water TO be furnish-
ca thereby.
EVERETT w RUSSELL.
Chairman, Florida Keys
Aqueduct Commisslof.
lnr7 1851 e