HomeMy WebLinkAboutNorth Orlando Company and Village of North Orlando-1965 A G R E E M E N T
THIS AGREEMENT, made and entered into this T
day of , 1965, by and between THE NORTH
ORLANDO COMPANY, hereinafter called the Company , and the
VILLAGE OF NORTH ORLANDO, FLORIDA , a municipal corporation,
hereinafter called the Village ,
WITNESSETH:
THAT WHEREAS the Village and the Company have
entered into a franchise for the operation of a water and
sewage collection and disposal system within the Village of
North Orlando, Florida , said franchise being designated as
Ordinance #10 of the Village of North Orlando, Florida , and
WHEREAS the franchise provides under Section 9 for
the rights and charges payable to the town and also provides
that said commissions due the town shall not be paid until
such time as the obligation of the Village to the Company has
been paid in full and
WHEREAS the Village and the Company are desirous of
amending and modifying this provision regarding the payment
of the franchise commission ,
NOW, THEREFORE, in consideration of the sum of One
Dollar each to the other paid , the receipt of which is hereby
acknowledged , it is agreed as follows:
1. That the commission payable to the Village under
Section 13 of Ordinance 10 in the amount of 3 % shall be paid
-1-
and distributed as follows:
(a) One-half of the 3 % at the end of each account-
ing period shall be paid to the Village to be used by the
Village for use in connection with the financing of a municipal
hall. The remaining one-half of the commission provided under
Section 13 of said ordinance shall be retained by the Company
and applied against the indebtedness of the Village to the
Company until such time as said indebtedness is paid in full.
It is acknowledged by the parties hereto that the
indebtedness at the time of the execution of this Agreement is
in the amount of ,e
i
u__......� � <F4„s?vo
,..,..
Upon payment of the indebtedness to the Company by the
Village in full as provided hereinabove , then the total amount of
the commission under said franchise due the Village in the amount
of 3 % shall be paid to the Village and the Company shall no
longer be authorized to retain any portion of said amount .
It is agreed by and between the parties that this
Agreement shall be effective and remain in effect only until
such time as the indebtedness in the amount of '4097.49
has been paid in full.
The Company agrees that yearly it will provide to
the Village a statement of account reflecting the previous
balance , the application of one-half of 3 % as agreed herein,
and the present balance due to the Company.
IN WITNESS WHEREOF the North Orlando Company has
hereunto set its hand and seal this /1-- day of � '�T �Y ,
_L_
1965.
THE NORTH ORLANDO COMPANY
BY:
Attest:
r" -Si . c%-.1 ,
SeeTetary---- --
S EA L:
IN WITNESS WHEREOF the Village of North Orlando,
Florida , a municipal corporation, has hereunto set its hand
and seal this day of , 1965.
THE VILLAGE OF NORTH ORLANDO
BY: _ 2'l j d/E-c-
Attest:
Vil age erk
SEAL:
STATE OF NEW YORK
COUNTY OF CHAUTAUQUA
Before me personally appeared F. Wm. Gregory
-3-
and S, D. oberts , to me well known , and known
to me to be the individuals described in and who executed the
foregoing agreement as President and
Secretary of the above named NORTH ORLANDO COMPANY, a corpora-
tion, and severally acknowledged to and before me that they
executed such instrument as such President and Secretary,
respectively , of said corporation, and that the seal affixed
to the foregoing instrument is the corporate seal of said cor-
poration and that it was affixed to said instrument by due and
regular corporate authority , and that said instrument is the
free act and deed of said corporation,
WITNESS my hand and official seal, this 1st day of
October , 1965.
Notary Public
PAUL A. McCABE
Norory Wen Mato of Nom Yom
Ouulto.d In Ed.County
STATE OF FLORIDA My Cow.ydou ExpiExpires, arto Da
COUNTY OF SEMINOLE
Before me personally appeared David G. Tilson
and Helen Green , to me well known, and known to
me to be the individuals described in and who executed the
foregoing agreement as Mayor and Village Clerk of
the above named VILLAGE OF NORTH ORLANDO, a municipal corporation ,
and severally acknowledged to and before me that they executed
such instrument as such Mayor and Village Clerk,
respectively, of said corporation and that the seal affixed
-4-
to the foregoing instrument is the corporate seal of said
corporation and that it was affixed to said instrument by due
and regular corporate authority, and that said instrument is
the free act and deed of said corporation.
WITNESS my hand and official seal, this 3 day
of November , 1965.
o ary Public
Shp C
-5-