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File #: R-2019-011    Version: 1 Name: Bond for Parks - revised resolution
Type: Resolution Status: Passed
File created: 1/9/2019 In control: Office of the City Manager
On agenda: 1/16/2019 Final action: 1/16/2019
Title: A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending Resolution No. R-2018-388 Calling For A Special Election On March 12, 2019 For The Purpose Of Submitting To The Electorate Of The City Of Hollywood, Florida, A Single Ballot Question Or Two Ballot Questions Asking Whether The City Shall Be Authorized To Issue General Obligation Bonds, From Time To Time, Not Exceeding $64,000,000 In Aggregate Principal Amount, Payable From Unlimited Ad Valorem Taxes, Bearing Interest Not Exceeding The Maximum Legal Interest Rate, And Maturing No Later Than 25 Years From Issuance Date, To Improve The City's Parks, Recreation Facilities, Cultural Facilities And Golf Courses, And To Purchase Land For Open Space.
Attachments: 1. 1.9.19 Parks and Rec $52 mil GOB reso.pdf, 2. R-2018-388 Exhibit A.pdf

Title

A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending Resolution No. R-2018-388 Calling For A Special Election On March 12, 2019 For The Purpose Of Submitting To The Electorate Of The City Of Hollywood, Florida, A Single Ballot Question Or Two Ballot Questions Asking Whether The City Shall Be Authorized To Issue General Obligation Bonds, From Time To Time, Not Exceeding $64,000,000 In Aggregate Principal Amount, Payable From Unlimited Ad Valorem Taxes, Bearing Interest Not Exceeding The Maximum Legal Interest Rate, And Maturing No Later Than 25 Years From Issuance Date, To Improve The City’s Parks, Recreation Facilities, Cultural Facilities And Golf Courses, And To Purchase Land For Open Space.

 

 

Body

 

Staff Recommends: Approval of Resolution.

 

 

Explanation:

This revised Resolution address concerns raised by residents regarding the Deed Restrictions on the City’s golf courses and clarifies the future use of the property known as the former Sunset Golf Course.

 

 

Recommended for inclusion on the agenda by:

Dr. Wazir Ishmael, City Manager

Gus Zambrano, Assistant City Manager for Sustainable Development