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yys <br />cE�Jcfl r'4 RESOLUTION <br />„t. ! WHEREAS, pursuant to Chapter 61-2275, Laws of Florida <br />961, as amended, hospital bonds were issued and sold in 1973 <br />by the Board of Trustees of the Indian River County Hospital <br />District, Indian River County, Florida; and <br />WHEREAS, it is the duty of the Board of Trustees of the <br />Indian River County Hospital District, Indian River County,. <br />Florida, to levy an annual tax to service said bonds; and <br />WHEREAS, the Tax Assessor of Indian River County, Florida, <br />did, under date of September 16, 1974, certify to this Board a <br />tax roll of the valuation of $737,110,970.00 to service said <br />bonds; NOW THEREFORE, �. <br />BE IT RESOLVED by the Board of Trustees of the Indian River <br />County Hospital District, Indian River County, Florida, that <br />the following budget be and it is hereby adopted to meet the <br />required payments under the Interest, Sinking and Reserve -Funds <br />to service said bonds for the fiscal year beginning October 1, <br />1974, and ending September 30, 1975: <br />REVENUE REQUIRED - INTEREST $ SINKING FUND $ RESERVE: <br />Principal, Interest, Reserve and <br />Coupon Service Fees $471,750.00 <br />LESS: Available Funds 13,000.00 <br />FUNDS REQUIRED: $458,750.00 <br />TOTAL REQUIRED FOR DEBT SERVICE: <br />7107 mills @$737,110,970.00 $523,866.53 <br />Less: 5% 26,193.32 <br />TOTAL -TAX COLLECTIONS (NET) $497,673.21 <br />Less Commissions: <br />Tax Assessor $23,993.01 <br />Tax Collector 14,930.20 <br />38,923.21 <br />ANTICIPATED TAX REVENUE - NET $458,750.00 <br />BE IT FURTHER RESOLVED that this Resolution be duly entered <br />upon the minutes of the Board. <br />The undersigned, J. Dale Sorensen and Grant L. Neville, <br />Chairman and secretary, respectively, of the Board of Trustees <br />of the Indian River County Hospital District, hereby certify that <br />the foregoing is a true and correct copy of a Resolution duly <br />adopted by said Board at a meeting of and held n Septem- <br />ber 24, 1974. <br />D 4F <br />/ la i rnlan <br />ATTEST: <br />f <br />• <br />f <br />NOV 7 197 _ _ soon. pay137 <br />