Resolution 370NESOLUTION ND. 310
rZ
A RESOLUTION OF CITY DE L, FLJRIDA, APPROVING
FORM OF BOND TO BE
EE ISSUED BY LON. LONGWOOD HEALTH CARE CENTER,
INC., AND DD CMTNING THAT INDENTURE. OF MORTGAGE AND DEED
OF TRUST AND CONTRACT AND LEASE AND SECURITY P.GREn B,
CONTAIN NOTHING OBSECTION 4HLE TG THE CITY OF SA NGW00D,
FLONIBA.
-BiE,F, the City of Longwood, Flo-lda, has previously adopted
a Resolution deul—,N the intention 0e 'the City Commission of said
City, with respect to the proposed pan of f'Sn —FE the cost of
construction and q-0, a —1,,g hoae 10 the City of Longwood,
Florida, by a --fit Tit orporation, an agreement to a cept a giant
to the City tf Longwood, Florida, of title to the je t nursing name,
retirement of the bonds issued, pursuant to such plan, and,
WIBREAS, Paxagrapb 4 0f said Resolution req es the City of Longwood,
Florida, to a pt a leas epprov t e Torm of bonds to be issued by
Longwood Healtn Care center, 'Sn and determining t at the Inaentuxe
of Mortgage and Died or Trust and Medical Feuilitles Lease Agxeeaent
to be entered —0 by Lb g d Health Care Center, Inc., in onjunati-
with the fiuneing Gf th. p to , eo —0 noth F,C objectionable to the
City of LB—.d, Florida, and,
WtDHtGS, the City CO,mai Hsion of the City GT WnRwood, Florida later
adapted , Resolution approving the change of name of LGngwood Bealth
�., Au'tb—ty, Inc, to Longwood Health Care Center, Ina.
NW, THEREFORE, BE IT REBOMD BY TBE CITY CO1011BSION OF THE CITY
OF LOMMOOD, FLORIDA, AS FOLIgWS:
1. That the City Commission of the City of Longwood, Florida, hereby
pecifi—iy approves the form of the bands to be issued by the Irn,gwood
Health Care Center, Inc., as said form is set I— an the Indenture of
Mortgage and Dsea of Trust, to be entered into by and between the IungwOod
Health Care Center, Inc., and the Bad 0f Pasco Co ty, Florida as trustee.
2. 1— the said indenture of —tgage and Deed of Trust contains
0 pnovlel , ondit iG stipulations, o ogre manta wni ch are tionabla
to the City of Longwood, Florida.
i�
AGREEMENT
AGAEEMENT, made and e tered i thos _day of
Suly, A. 1979, by and betweB INCT-1,I
Florida corpCora ti On. hereinafter calledLORom"City;,- the
CITY OF LONGW Op, FLORIpA, hereinafter called "City;"
T N S E T
the City of Longod wo, Florida is desirous of ob-
ing£theEplacement of benches within c nof the
ty of Longwood, Florida, for the comfort andconvenience o£
its residents and citizens, and
VHEREAE, Central Florida B nch C Florida c -
s desirous of f--hinge_id benches for and to the City
of Longwood, Florida;
NOW, THEREFORE, IT is AGREED AS POLLOlVG.
1. That for [he s of $1.00 per year, and other good and
valuable c sfderatf on, Company will Lease t ity n
less than t my -five (25), n tbythan fifty (50pec
benches, c ted i iI plans and speci-
fications as'prov ided o approved(11 t e City of Longwoo ,
e lorida, for a period o£ fifteen (15) years.
2. That said benches hill be located within the [
limits o£ the City of Longwood, Flrid a, by Company,
locations mutually agreed upon byCompany and City.
3. additional c sideration for the furnishing, leasing,
and locating of said benches within City, by Company,
and other agreements hereinafter c ned, City agrees
o lease t ompany the right to p—a advertising
ial o the backs and s of said benches, for a
nthly fee of $1.50 per bench' payment to City, by
Company, shall be m nthly, with the first payment due
If the m nth o£ placement If the first b nch
placed,epursuant t oth is Agreement. rther, that C -
pany will place n oadvertisi ng o aidub—ihii, o
this Agreement, for alcoholicnbeverages, o otherua
goods o s generally deemed objec[ionab le by thei s the�gene—I citizenry of the City o£ Longwood
F to rid,, — for goods and srs generally n ecLuded
by ordinances of the City IfLongwood, Florida; for
example, topless or nude 9o-go dancing.
4. City agrees that i ill u e It, diligence t nspect a
t.tl Company of any defective o safe condition of n
the benches. Company agrees t wf ll, within I— (1 )
days following such noT.ice, co anh unsafe r defec-
tive condition i the be nc hes.rr it s all, at all time
permit entry to the Company for the➢purpose of periodic'
maintenance and up -keep of the bent es.
5. Comp,.y a9r 1 that it ill procure and maintain It bill
ty the a n of at least 5300, 000, and
agrees to holdnCity t-11ss from any li abnl ity a ising
If
the defective condition o rof the
benches. The parties agree thatthe it, has a esponsi
bil ity to notify the Company of any def ectrvy o
oncivern and the City gunsa t ondrtron Tt
ara be
dis o any defective or fe c offs nch s