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" 5u 9 .' ,A <br /> °rf ,c+ °1 "pg9°".e+ .j .'p'."..a °pfi .°8q�' p. 8rPw _ • °.at b's° ' n <br /> s <br /> es <br /> f _ <br /> If- <br /> Id <br /> ff <br /> rI <br /> RESOLUTION 88 . 41 q $;. <br /> rub z A RESOLUTION AMENDING AND SUPPLEMENTING RESOLUTION NO , 85 - 36 e e <br /> r fx OF INDIAN RIVER COUNTY , FLORIDA , ENTITLED : ° <br /> © t <br /> r "RESOLUTION AUTHORIZING THE ISSUANCE OF NOT EXCEEDINGfI <br /> e �B <br /> zap $ 5 , 165 , 000 IMPROVEMENT BONDS , SERIES NO . 21 OF INDIAN RIVER o <br /> COUNTY , FLORIDA , TO FINANCE THE COST OF THE ACQUISITION AND <br /> CONSTRUCTION OF CERTAIN SEWAGE COLLECTION AND TREATMENT <br /> 0 0 t ; IMPROVEMENTS TO THE COMBINED WATER AND SEWER SYSTEM OF THE <br /> COUNTY ; PROVIDING FOR THE RICHTS OF THE HOLDERS THEREOF AND <br /> v ° <br /> . r <br /> PLEDGING FOR THE PAYMENT THEREOF THE PROCEEDS FROM SPECIAL <br /> ri <br /> © ® ASSESSMENTS FOR IMPACT FEES LEVIED , AGAINST PROPERTY <br /> SPECIALLY BENEFITED BY SUCH IMPROVEMENTS ; AND PROVIDING AN <br /> P ` t ' EFFECTIVE DATE" , <br /> BY CHANGING CERTAIN INTEREST RATE , PAYMENT , REDEMPTION , <br /> FLOW - OF - FUNDS AND SECURITY PROVISIONS APPLICABLE TO THE <br /> „ ". SERIES NO , 2 BONDS AND MODIFYING SUCH BONDS ACCORDINGLY ; AND � l1 <br /> to <br /> y BY ESTABLISHING CERTAIN PROVISIONS REGARDING : ( 1 ) COMPLIANCE <br /> a WITH APPLICABLE FEDERAL INCOME TAX LAWS , ( 2 ) ASSIGNMENT OF a 8 <br /> THE SERIES NO , 2 BONDS BY THE CURRENT HOLDER THEREOF TO THE <br /> ask <br /> PURCHASER THEREOF , ( 3 ) APPLICATION OF THE FUNDS PAID BY SUCH <br /> PURCHASER , ( 4 ) EXECUTION AND DELIVERY OF , AND PERFORMANCE BY <br /> THE COUNTY OF ITS OBLIGATIONS UNDER , ALL CLOSING DOCUMENTS ° <br /> IIIREQUIRED IN CONNECTION WITH THE SUBJECT TRANSACTION , AS <br /> 4 APPROVED BY BOND COUNSEL , AND ( 5 ) SATISFACTION BY THE COUNTY 4as " <br /> OF ANY OTHER REQUIREMENTS , AS APPROVED BY BOND COUNSEL , <br /> I � I IMPOSED BY THE PURCHASER OF THE SERIES NO . 2 BONDS IN <br /> a ` CONNECTION WITH CONSUMMATING THE SUBJECT TRANSACTION ; AND wt <br /> PROVIDING THE EFFECTIVE DATE HEREOF , <br /> All <br /> BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER <br /> y* COUNTY , FLORIDA THAT : <br /> .a , <br /> a F <br /> ARTICLE 1 AUTHORITY FOR RESOLUTION . This Resolution (hereinafter , all. K Ts <br /> + r the " 1988 Amending Resolution" ) is adopted by Indian River County , Florida ( the <br /> " " County" ) pursuant to the provisions of Chapter 125 , Florida Statutes ( 1987 ) , as ° P° s' <br /> Ordinance No . 83 - 46 of the Count includingthe provisions of Chapter <br /> a a M1 <br /> D P <br /> amended , <br /> 170 , Florida Statutes , incorporated therein , as amended by Ordinance No . 84 - 51 of " R r <br /> the County ( collective )Y . the " Authorizing Ordinance " ) , and other applicable <br /> og Vis, , <br /> e provisions of law , ae k b <br /> � � ''�' .c,,�x.,m •, .; � r mom° <br /> W , ARTICLE 2 DEFINITIONS , All terms and phrases used herein shall have <br /> the meanings ascribed to them in the Series No . 2 Resolution , as hereinafter <br /> defined , except as otherwise specifically provided herein . <br /> ARTICLE 3 FINDINGS . It is hereby ascertained , determined and . <br /> i declared that : <br /> ' f 3 . 10 , The Board of County Commissioners of Indian River County , <br /> a •_ ,� Florida (hereinafter , the " Board" ) , on March 20 , 1985 , duly adopted Resolution <br /> No , 85 - 36 entitled : <br /> " RESOLUTION AUTHORIZING THE ISSUANCE OF NOT EXCEEDING <br /> $ 5 , 1650000 IMPROVEMENT BONDS , SERIES NO . 21 OF INDIAN RIVER : <br /> s COUNTY , FLORIDA , TO FINANCE THE COST OF THE ACQUISITION AND Aw+t II <br /> CONSTRUCTION OF CERTAIN SEWAGE COLLECTION AND TREATMENT 'mom ' <br /> M <br /> + a IMPROVEMENTS TO THE COMBINED WATER AND SEWER SYSTEM OF THE P <br /> COUNTY ; PROVIDING FOR THE RIGHTS OF THE HOLDERS THEREOF AND <br /> �F PLEDGING FOR THE PAYMENT THEREOF THE PROCEEDS FROM SPECIAL <br /> ASSESSMENTS FOR IMPACT FEES LEVIED AGAINST PROPERTY <br /> SPECIALLY BENEFITED BY SUCH IMPROVEMENTS ; AND PROVIDING AN $ ' <br /> r EFFECTIVE DATE" , <br /> which Resolution was duly amended by the Board on June 5 , 1985 by Resolution No . <br /> 85 - 62 ( the 1985 Amending Resolution" ) entitled : ^ <br /> " A RESOLUTION AMENDING A RESOLUTION OF THE BOARD OF COUNTY ° <br /> x a COMMISSIONERS OF INDIAN RIVER COUNTY , FLORIDA , ENTITLED : + gill <br /> ° <br /> ° Nq " B� ":P P . a M fi P do v <br /> _� °W � <br /> "rte +�?`° <br /> AVI <br /> 'd1A , + <br /> T e <br /> TIT" � k r 'oy sd y QW�h 44 g gA bYi�� ` t <br /> W , o )in. .117 ' AY 0g$''rA N 1 $C4.h "• • . - , .wn° ':R4b <br /> , . . , .. <br /> ft <br />