Ordinance 01-1592.FFINANCE NO, N-1591
AN 0 FINANCE OF NIE CITY OF LONGWOOD. FIORIDA,
RELATING TO COMMUNICATIONS FACILITIES IN PUBLIC
RIGIITSOFWAY. AMENDING ORDINANCFNO.01-15]6. SECTION
14 SECURITY FUND: PROVIDING FOR S1:VERABILITY:
PROV IDINO AN El i Nc IVE DATE.
—FREAS. Ordinenae No. 01-IS]6 also knoum es Iha Longwood Communiwtwns Rightsaf-
Wvy Ordinance Was vJoplW on September 5. 2001_and
WHEREAS. the City Commission of the City of Longwood. Florid,, has deemed it in Ihv bust
mtenst oCthe Ciry to nmcnd svid ordinonee.
NO- TDFRTFORE, RE IT ORDAINED BY THE CITA OR LONT; 001), FLORIDA
AS FOLLOW S:
SECTION 1: Seaton 14-S—.1y Fond_ shall be amended as follows
AI r prior to the vme a Iteg vm receives iN frrs pemm o place or mmn
Commun:e,nons 1-11,y i PNllin N,Sh,—CWvy utter the elf-- dme of chid Ordinnno
Rcgiuran: stall mvkcn
,use or lle cnble later o[credit
t o[ ]Svco v Pvc Tho sand Dollars (A2 o01 o�hall, life
lundred Thousand Dollars (S100.000). The bond shall be i, a form acemtnble m the Ciry Ar:
Quad sure esCic ler5J0 eF1'm -vc Juv nnuelly as amended: Tie cn hdwos eocvbkleter
of cred't or demand bond shall be re[erreA o as he 'Scour ry Funtl" The --ly FLnd shall lu
conditioned npon :hc full enA Nilhfvl vompl—, -h and pertomtance by the Commnniwt — Service
Provider o[ ell requirementz duties and obligutiovs imposed by the provisions of IM1is OMirtvnce. 'lltc
Sccunry Fundshell be mvimained from 1- lime through the evrI. of. 1. 1ransfer, sine_ ossig— or
removal of ell Commomwnons Facilities :n Public Rights of-Wvy d the esablishment of a S—Fly