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1970'S
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1977
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Last modified
10/25/2015 11:10:46 PM
Creation date
9/30/2015 5:09:53 PM
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Resolutions
Resolution Number
1977-42
Approved Date
05/04/1977
Agenda Item Number
No data from migration
Supplemental fields
SmeadsoftID
2565
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No. $_ <br /> UNITED STATES OF AMERICA <br /> STATE OF FLORIDA <br /> COUNTY OF INDIAN RIVER <br /> REVENUE AND GENERAL OBLIGATION NOTE <br /> KNOW ALL MEN BY THESE PRESENTS, that Indian River County, <br /> Florida (hereinafter referred to as "County") , for value received, <br /> hereby promises to pay to the bearer, or if this Note be registered, <br /> to the registered holder as herein provided, on May 1, 1978 , the <br /> principal sum of Dollars ($ ) , <br /> with interest thereon at the rate of four and sixty-five hundredths <br /> per centum (4 . 65%) per annum, payable at the maturity hereof, upon <br /> presentation and surrender of this Note. Both principal of and <br /> interest on this Note are payable in lawful money of the United <br /> States of America at First Citrus Bank of Indian River County, Vero <br /> Beach, Florida. For the prompt payment of the principal of and <br /> interest on this Note as the same shall become due, the revenues of <br /> the project (hereinafter referred to) , and, if necessary, the ad <br /> valorem taxing power of the County for the fiscal year 1977-78 <br /> at an annual rate not to exceed ten (10) mills on the dollar of <br /> assessed value, are hereby irrevocably pledged. <br /> This Note is one of an authorized issue of notes in the <br /> aggregate principal amount of $850 , 000 of like date, tenor and <br /> effect, except as to date of issue, number and denomination, issued <br /> to advance funds to finance the cost of solid waste disposal system <br /> improvements including acquisition of land and equipment therefor <br /> (herein called the "project") , under the authority of and in full <br /> compliance with the Constitution and Statutes of the State of <br /> Florida, including Section 125. 01, Florida Statutes , Chapter 159, <br /> Part' I, Florida Statutes, and other applicable provisions of law, <br /> and pursuant to a resolution of the County duly adopted on the 4th <br /> day of May, 1977 (hereinafter called "Resolution") . This Note is <br /> subject to all the terms and conditions of said Resolution. <br /> It is certified and recited that all acts, conditions and <br /> things required to happen, to exist and to be performed, precedent <br /> to and in the issuance of this Note, have happened, exist, and have <br /> -5- <br />
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