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19-1525 Authorizing Issuance of Utility System Revenue Bond Series 2019 for meter replacement (not to exceed $8,000,000)
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19-1525 Authorizing Issuance of Utility System Revenue Bond Series 2019 for meter replacement (not to exceed $8,000,000)
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11/27/2019 10:32:58 AM
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11/27/2019 10:32:57 AM
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Ordinances
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11/18/2019
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SECTION 7. REPEAL OF INCONSISTENT PROVISIONS. All ordinances, <br />resolutions or parts thereof in conflict with this ordinance are hereby repealed to the extent of <br />such conflict. <br />SECTION 8. REMEDIES OF HOLDERS OF SERIES 2019 BOND. The holders of <br />the Series 2019 Bond, except to the extent the rights herein given may be restricted by the <br />supplemental resolution, may, whether at law or in equity, by suit, action, mandamus or other <br />proceeding, protect and enforce and compel the performance of all duties required hereby, or by <br />such supplemental resolution, to be performed by the City. <br />SECTION 9. ALTERNATIVE METHOD. This Ordinance shall be deemed to provide <br />an additional and alternative method for the doing of things authorized hereby and shall be <br />regarded as supplemental and additional to powers conferred by other laws, and shall not be <br />regarded as in derogation of any powers now existing or which may hereafter come into <br />existence. This Ordinance, being necessary for the health, safety and welfare of the inhabitants <br />and /or property owners of the City, shall be liberally construed to effect the purposes hereof. <br />SECTION 10. SEVERABILITY. In the event that any portion or section of this <br />Ordinance is determined to be invalid, illegal or unconstitutional by a court of competent <br />jurisdiction, such decision shall in no manner affect the remaining portions or sections of this <br />Ordinance which shall remain in full force and effect. <br />SECTION 11. EFFECTIVE DATE. This Ordinance shall take effect immediately upon <br />its passage and adoption by the Commission of the City of Casselberry, Florida. <br />FIRST READING this l q" day of��,,� , A.D. 2019. <br />SECOND READING AND ADOPTION this I c 4hday of A.D. 2019. <br />ATTEST: <br />Donna G. Gardner, CMC <br />City Clerk <br />Charlene Glancy <br />Mayor/Commissioner <br />
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