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2001-107
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Last modified
2/10/2017 12:22:59 PM
Creation date
9/30/2015 5:29:06 PM
Metadata
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Resolutions
Resolution Number
2001-107
Approved Date
10/23/2001
Resolution Type
Bonds
Entity Name
BCC
Subject
Sale general obligation bonds Resolution 95-063
Archived Roll/Disk#
2745
Supplemental fields
SmeadsoftID
3285
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SECTION 10. CONTINUING DISCLOSURE. The County hereby covenants and agrees <br /> that, in order to provide for compliance by the County with the secondary market disclosure <br /> requirements of the Rule, that it will comply with and carry out all of the provisions of that certain <br /> Continuing Disclosure Certificate in substantially the form attached hereto as Exhibit D, to be <br /> executed by the County and dated the date of issuance and delivery of the Series 2001 Bonds, as it <br /> may be amended from time to time in accordance with the terms thereof(the "Continuing Disclosure <br /> Certificate"). Notwithstanding any other provision of this Resolution, failure of the County to comply <br /> with such Continuing Disclosure Certificate shall not be considered an event of default; however, any <br /> Bondholder may take such actions as may be necessary and appropriate, including seeking mandate <br /> or specific performance by court order, to cause the County to comply with its obligations under this <br /> Section. <br /> SECTION 11. REGISTRAR AND PAYING AGENT. First Union National Bank, <br /> Jacksonville, Florida, is hereby appointed as Registrar and Paying Agent for the Series 2001 Bonds. <br /> SECTION 12. MUNICIPAL BOND INSURANCE. The County Administrator or his <br /> designee, is hereby authorized to select a bond insurer to provide insurance to insure the scheduled <br /> payment of principal and interest on the Series 2001 Bonds on behalf of the Issuer or, in the <br /> alternative, allow each bidder to select whether the Series 2001 Bonds are to be insured by such bond <br /> insurer. <br /> SECTION 13. AWARD OF BID. The County Administrator or his designee, is hereby <br /> authorized to accept the bids for the Series 2001 Bonds. The County Administrator is hereby <br /> authorized to award the sale of the Series 2001 Bonds on his determination of the best bid submitted <br /> in accordance with the terms of the Notice of Bond Sale provided for herein so long as the true <br /> interest cost rate shall not exceed 6.0% on the Series 2001 Bonds. The County Administrator is <br /> hereby authorized to award the sale of the Series 2001 Bonds as set forth above or to reject all bids <br /> for the Series 2001 Bonds. Such award shall be final. <br /> SECTION 14. INCONSISTENT PROVISIONS. All prior resolutions and motions of the <br /> Issuer inconsistent with the provisions of this resolution are hereby modified, supplemented and <br /> amended to conform with the provisions herein contained and except as otherwise modified, <br /> supplemented and amended hereby shall remain in full force and effect. <br /> [Remainder of page intentionally left blank] <br /> 4 <br />
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