HomeMy WebLinkAbout10-18-1948 Regular MeetingIV
SATE OF ALABATTA
County of Baldwin
The Town Council of the To,m of ; ai rhone pet in reZ,1lar
session at the Town :all October 18, 1948 with the Vfollo-•ring
members present; Ya.yor, T.J.Klumpp, Councilmen: Y.O. Eergl-',n,
J. T. Eradford, Lrad .'ier^eyerI Ea-B.. Overtop and Ira Steele.
Tlie m; rutes of the previous regular meet • ng were read and
approved.
Councilman Overton offered -the folloc,ing resolution and moved
its ado-tion 2nd by Councilman Bradford.
1,11EREAS, the street along the ':.ater Front in Sea Cliff
is impossible to maintain and is too narrow and'is
irfproperly located and the Town desires to provide
adequate street facilities and has surveyed and located
a right of ;-ay at apnroximately half r-ay betiTeen the
bay and Rio Volanta and desires to construct a street
or. such right of fray,
THEREFOPt- BE IT 1fLr_f OLVED that the Town exchange
the Street right of gray as formerly located along
the Bay for the right of :iay as recently surveyed and
proposed for developrrent as a I)W::lic street and in
corsicerat: on for the the conveyance of the ne7, right.
of way w` 11 when said ne-vr street is constructed, con-
vey the old rig1^t of v,ay to the adjoining property
o,�rners to each one that segment of right of i•ray across
his lards..
hesolution aCopted.
Yotion by Councilman everton secorded by Councilman S.teele
that the Council meet at 9:30 Al.", Cctober 19, 1948 to inspect
the property of the proposed V dome in Volanta and determine
the advisability of granting permits for Beer and Liquor
Licenses.
Notion by Councilman IT a,
secorded by Councilman Ber.glin
that the House TTumbering Plan as proposed by Jack Ponder,
Chairman of Corrrni ttee appointed by the Chamber of Commerce,
be approves'. Proti on carried.
r°o tion by Councilman Berglin seconded by Councilr.:an Overton
that the �°ethod=i st Chli-rch be allowed to 1: uild according to,
present Ordinance -except it be 15' from Fels Avenue.
Irotion Carried.
Motion by Councilman T;ier.eyer secorded by Councilman Brad-
ford that the new bonds for the Clerk and Assistant Clerk
be increased to 4,5000 and `2000 respectively. Yotion carried.
It t•:as lily moved and seconded t1-at the meeting adjct,rn.
Motion carried. -
Approved
Attest;
Clerk
T.ruyor
Thereupon Councilman W.O. Keeble moved the final adoption
of the ordinance which motion being seconded by Councilman
H.P. Kamper 'was put upon its passage and was unanimously
adopted, vot4lnq for the same, Llayor Howard Ruge, Council-
men J.H. Bennett, C. A. Gaston, H.P. Kamper, W.O. Keeble
and J. 0. Stimpson. Voting against, none; thereupon the
Yayor declared the ordinance duly aOo pted and signed the
same in approval thereof.
It was duly moved and seconded that the meeting adjo4rn.
Motion carried.
Approved
Mayor
Attest:
Jerk
INFORMATION IN REGARD TO $81,000 CITY OF
FAIRHOPE, ALABAMA, SEWER BONDS SELLING
WEDNESDAY, JUNE 28, AT 2:00 P.M., CENTRAL
STANDARD TIME.
Assessed Valuation, September 30, 1949.................••• $1,469,291
General Obligation Bonded Indebtedness.......... ... 6,000
Sinking Fund for Bonded Indebtedness* ..............$6.000•
Net Bonded • Indebtedness.... .... .............. None
General Obligation Warrantsoutstanding (to be 1,000
paid July 24, 1950)....................................
Average Annual Principal and Interest Requirements on 660.53
$81,000 Bonds . . . . . . . . . . . . . . . . . . . $�5,
Annual Income from 5-mill tax (100% collected) . . . . $7,346.45
The bonds are full faith and credit general obligations of the City and
were authorized at an election by a vote of 211 to 3.
The City will pledge as additional security for the bonds a 5-mill con-
stitutional tax. The approving bond attorneys will express no opinion
as to the pledge of the tax, but the City is to make a pledge of it for
whatever it may be worth.
Population, Estimated -- 3,400.