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2003-058
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2003-058
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Last modified
3/30/2017 12:02:31 PM
Creation date
9/30/2015 5:03:27 PM
Metadata
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Resolutions
Resolution Number
2003-058
Approved Date
05/20/2003
Resolution Type
Bonds
Entity Name
William R. Hough & Co.
Subject
General Obligation Refunding Bonds
Resolution 95-63
Archived Roll/Disk#
2746
Supplemental fields
SmeadsoftID
2410
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(d) As part of the estimated underwriting spread set forth in paragraph (c) above, the <br />Underwriter will charge a management fee of $ per $1,000 of Series 2003 Bonds issued. <br />(e) No other fee, bonus or other compensation is estimated to be paid by the Underwriter in <br />connection with the issuance of the Series 2003 Bonds to any person not regularly employed or retained <br />by the Underwriter (including any "finder" as defined in Section 218.386(1)(a), Florida Statutes), except <br />as specifically enumerated as expenses to be incurred by the Underwriter, as set forth in paragraph (a) <br />above. <br />(f) The names and addresses of the Underwriter are: <br />William R Hough & Co. <br />100 Second Avenue South, Suite 800 <br />St. Petersburg, Florida 33701 <br />The purpose of the following two paragraphs is to fumish, pursuant to the provisions of Sections <br />218.385(2) and (3), Florida Statutes, as amended, the truth -in -bonding statement required thereby, as <br />follows: <br />(a) The County is proposing to issue the Series 2003 Bonds to (i) refund and redeem certain <br />outstanding general obligation bonds of the County; (ii) pay a premium for a municipal bond insurance <br />policy and a debt service reserve account surety bond, and (in) pay certain costs and expenses incurred <br />in connection with the issuance ofthe Series 2003 Bonds, all as more particularly described herein. At the <br />interest rates set forth on Exhibit A to the Bond Purchase Contract to which this is attached, total interest <br />paid over the life of the obligation will be approximately $ <br />(b) The source of repayment or security of the Series 2003 Bonds is the full faith and credit <br />of the County. The issuance of the debt will result in an average of approximately $ of Ad <br />Valorem taxes not being available to finance other services of the County each year for the term of the <br />issue. <br />B-2 <br />
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