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RESOLUTION NO. 78-4 <br />A RESOLUTION FIXING THE IN'T'EREST PATE ON <br />$1,815,000 SOLID WASTE DISPOSAL SYSTEM <br />REVENUE BONDS, SERIES 1977, OF THE COUNTY <br />OF INDIAN RIVER, CONFIRMING THE SALE AND <br />AWARD OF SAID BONDS, AND NAMING THE PAYING <br />AGENT FOR SAID BONDS. <br />BE IT RESOLVED BY THE BOARD OF COUNTY C014MISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA: <br />SECTION 1. The $1,815,000 Solid Waste Disposal System <br />Revenue Bonds, Series 1977 (the "Bonds"), heretofore authorized <br />by resolution adopted on November 2, 1977 shall all bear interest <br />at the rate of five and thirty hundredths per centum (5.300) per <br />annum. <br />SECTION 2. The sale and award of said Bonds to William <br />R. Hough & Co. of Orlando, Florida, at the price of $1,778,700 <br />plus accrued interest from their date to the date of delivery <br />thereof, in accordance with the proposal of said William R. Hough <br />& Co. dated and accepted by the County on September 21, 1977 be <br />and the same is hereby confirmed. <br />SECTION 3. The Bonds shall be payable as to both principal <br />and interest at Florida First National Bank of Jacksonville, <br />Jacksonville, Florida. <br />SECTION 4. This resolution shall take effect immediately <br />upon its adoption. <br />BOARD OF COUNTY COI�ZIISSIONERS <br />INDIAN RIVER COUNTY, FLORIDA <br />Wa lam C. Wo t e,^ r. <br />Chairman <br />ATTEST: AC' <br />Fre a Wrig ,-e-r- <br />