11-10-1953 Continued MeetingContinuation of regular meeting November. 10, 1953, 7:30 PM.
Mayor. G.N. Duncna presiding with. the ' following councilmen M. a se nt.. H.L.
McEntyre , Harry Mitchell, John Collier, C.M. Harnby...and-G.R. Yarbrough.
City Attcr.ney.. Harold Willingham and Mr.. Lavender, and Mr.. Ward representing
Belmont Hills. Inc._ were present.
Purpose, of meeting the settling of..the debt. on..water, and sewerage service in
Belmont Hills.
Motion -by ILL. McEntyre, seconded..b .y. C.M. Hamby that the -difficulty be .re-
ferred. to water and sewerage Committee. far. -further. oo.nsiderati.on and. study,
then.to continue meeting.. Voting unanimous.
Harry Mitchell came in.
Motion by G.R. Yarbrough.. seconded, by Harry Mitchell. .that the.. city give, water
and. Sewerage. Service. to Paul Brokm for the. two units .constructed. on Cherokee
Road at a total cost of $225.00 per. unit. Voting unanimous..
Recomended that Cobb Heights be -referred. ...to Water and ..Sewerage, , Committee. for
study with the.. Finance Committee..to..see. If -it .can_be handled.
y
Motion by G.R. Yarbrough,,.seconded.by John -Collier, that we _run ter..koCobb
Heights Sub -Division at. the..current. rate of $75.00 per -unit.. Ooting.unanimous.
C.M. Hamby voting.against.
G.R. Yarbrough.re-oorted that the .City Engineer had..the nailer work about finished
so that the. sewerage. in. the old._part .of.town. could soon -be started.
Meeting to be continued Monday November.23, 1953.
Meeting Adjourned.
YarbroughCouncilman,, G.R.
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• • M 1HarryI'VAL—
Council&fi,
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Glee , Helen Bnadwin
Council.mm-: H.L. McEntyre ,
I
The Robins on-Humphreil Gompany,Inc.
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INVESTMENT SEGURiTIES
HENRY B.TOMPKINS
PRE5IDENT
M / � m
1901 Rhodes -Haverty Building
J. L.MORRIS
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H. W. GRADY, JR.
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P. O. BOX 1708
L.C. DULANEY
_
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J. H. SANDERS, JR.
C,
IRVIN T. RAGSDALE
Atlanta 1, Ga.
ALEXANDER YEARLEY, IV
ROBY ROBINSON
TELEPHONE
October 5- 1953
EDWARD S. CROFT,JR.
WALNUT 0316
,�
RICHARDS C. LEWIS
LEX JOLLEY
JUSTUS C. MARTIN, JR,
H. GRADY BLACK, JR.
JOSEPH E.LAY
/
Mayor and Council
City of Smyrna.
Smyrna, Georgia
Gentlemen:
We understand you propose to call an election in the immediate future
to vote on the following bond issues:
Recreational Bonds
$ Water and Sewer Bonds.
It is our suggestion that the bonds bear date as of January 1, 1954,
interest to be payable January 1 and July 1, in denomination of $1,000,
principal and interest,,to be payable at the Fulton National Bank, Atlanta,
Georgia and that the principal payments be made on January 1 over a
' period of ,30 years (1955 to,/�, both inclusive), and that the interest
rate on these^Tionds be 3 1
(The average annual payment on T275,000 bonds for t% years is approxi
mately $
Subject to the bonds being legally voted, validated and approved by our
attorneys, we will handle them for the City for a fee of 2% of the face
' value plus 1/2 of the premium received from the sale of the bonds. We
will pay the fee of our attorneys and the cost of printing the bonds.
This agreement constitutes a firm commitment on our part for a period
of 120 days and if, through no fault of ours, the City is unable to deliver
-r the bonds within that period, we are to have no further liability but are to
have an option for an additional 120 days to complete the transaction on
the same basis.
Very truly yours,
The Robinson -Humphrey Company, Inc. and Associates
By: T Rob ns n-Humphrey Company, Inc.
i Lex oLley
.. The above and foregoing Offer Vi Pre ident.
is hereby accepted and agreed to,
T�hire. 2=L=%�953
yor Attest: e
1
Smyrna, Georgia
September 7, 1953
G.R. Yarbrough
Chairman Planning and Zoning Committee
Smyrna, Georgia
Dear Sir:
I, T F. Reed submit the property described below to be
zoned for business.
Land lying and being in the Town of Smyrna, and in Land
Lots 488 and 489 of the 17th District and 2nd Section of
Cobb County, Georgia, and more particularly described as
follows: ,
Being at the northeast corner of Powder
Springs Road and Grady Street, and running
thence southeasterly along the north side
of Powder Springs Road forty (40) feet:
thence ncr thwesterly sixty six and. nine -
tenths (66.9) feet to Grady Street, and
thence Southerly two hundred twelve (212)
feet along tkr east side of Grady Street
to Powder Springs Road and the point of
beginning: being known as lot 7 in Block
D of the plat of lands of Mrs. Eunice
Aleen Owens recorded in Plat Book 4, page
156, Cobb County records, and being the
same lands conveyed to James E. Fortner by
deed dated December 20, 1940s and, recorded
in Deed Book 1410 page 102, Cobb County
Records.
Sincerely yours,
T.F. Ree
Sunset Street
Smyrna, Ga.