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8. ORDINANCES FOR SECOND READING (PUBLIC HEARINGS) <br /> 8A. AN ORDINANCE OF THE CITY OF SUNNY ISLES BEACH,FLORIDA,AUTHORIZING <br /> THE ISSUANCE OF A UTILITIES TAX REVENUE BOND, SERIES 1999, OF THE <br /> CITY OF SUNNY ISLES BEACH, FLORIDA IN A PRINCIPAL AMOUNT NOT TO <br /> EXCEED $1,000,000 FOR THE PURPOSES OF FINANCING ALL OR A PORTION OF <br /> THE COSTS OF ACQUISITION OF CERTAIN REAL PROPERTY IDENTIFIED AS <br /> TRACT A OF THE PERU TOWERS SUBDIVISION AS RECORDED IN PLAT <br /> BOOK 99,PAGE 66 OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY AND <br /> LOCATED BETWEEN-ON NORTH BAY ROAD AND BETWEEN 181n AND 182°° <br /> STREETS IN THE CITY FOR USE AS A PARK AND RECREATION AREA AND OF <br /> PAYING CERTAIN COSTS RELATED THERETO; DETERMINING THE NEED FOR A <br /> NEGOTIATED SALE OF SUCH BOND TO SUNTRUST BANK, MIAMI, N.A.; <br /> PROVIDING FOR THE TERMS AND PAYMENT OF SUCH BOND AND FOR THE <br /> RIGHTS, REMEDIES AND SECURITY OF THE OWNERS THEREOF; MAKING <br /> CERTAIN COVENANTS RELATING TO THE ISSUANCE OF SUCH BOND; <br /> DESIGNATING SUCH BOND AS A "QUALIFIED TAX-EXEMPT OBLIGATION" <br /> WITHIN THE MEANING OF SECTION 265(b)(3)OF THE INTERNAL REVENUE CODE <br /> OF 1986, AS AMENDED; AUTHORIZING THE PROPER OFFICERS OF THE CITY TO <br /> DO ALL OTHER THINGS DEEMED NECESSARY OR ADVISABLE IN CONNECTION <br /> WITH THE ISSUANCE OF SUCH BOND; AND PROVIDING FOR AN EFFECTIVE <br /> DATE. [City Clerk's note: the title was corrected during the meeting] <br /> ACTION: City Clerk Brown-Morilla read the title of the proposed ordinance and City Finance <br /> Director Jack Neustadt introduced the item. <br /> Public Speakers: Jeffrey Erick; Gerry Goodman <br /> Commissioner Iglesias moved and Commissioner Kauffman seconded a motion to adopt the <br /> ordinance on second reading. Ordinance No. 99-72 was adopted by a roll call vote of 5-0 <br /> in favor. <br /> Vote: Commissioner Iglesias y <br /> Commissioner Kauffman <br /> Morrow y <br /> Vice-Mayor Turetsky y <br /> Mayor Samson yes <br /> 8B. AN ORDINANCE OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, ADOPTING A <br /> GENERAL PENALTY FOR VIOLATION OF THE CODE OF SUNNY ISLES BEACH, <br /> FLORIDA; ESTABLISHING CODE COMPLIANCE RESPONSIBILITY, CIVIL <br /> LIABILITY AND PENALTIES FOR VIOLATIONS; PROVIDING FOR SEVERABILITY; <br /> PROVIDING FOR INCLUSION IN THE CODE; PROVIDING FOR A REPEAL OF <br /> CONFLICTING PROVISIONS AND AN EFFECTIVE DATE. <br /> ACTION: City Clerk Brown-Morilla read the title of the proposed ordinance and City <br /> Attorney Dannheisser introduced the item. <br /> Summary Minutes of the June 17, 1999, Regular City Commission Meeting - Page 5 of 10 <br />