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VERO BEACH PRESS -JOURNAL ` . • - - -. ,'.' :.' __ " -.- -,.- . ".--. _.., _ .
<br />i
<br />NOTICE
<br />Published Weekly That Board of county CommiSSiOners of
<br />fndlan River Cainry wuI receive
<br />SECTION 6. No referendum or
<br />Indian River county shah be requ, ea ffor m
<br />public
<br />IMtitj1011Y. iMl intends to enact the fO/lgwm9
<br />eaercae Of any of the provisions M ihtS 0r.
<br />dinance,
<br />Canty Ordinance at a Special meeting an
<br />Vera Beach, Indian River County, Florida August 2, 19l1, of 2:00 p.m. m the Board
<br />unless such reerendum or erection ,s
<br />required by the such referendum
<br />Florida.
<br />of
<br />County Commissioners' Meeting Room, in the
<br />County Courthouse at Vero Beach, Florida,
<br />SECTION 7. The cost of the projects may b
<br />deemed to also include (but not be j m,ted rat
<br />(ORDINANCE)
<br />the Cost Of acquisition Of sites, legal.
<br />COUNTY OF INDIAN RIVER:
<br />STATE Of FLORIDA
<br />o1 gilt . e.seal.afchdectlrrdl fees and fee
<br />parts or consultants em lob
<br />AN ORDINANCE RELATING TO TMEdies.
<br />Belory undersignedP �Jr• who Sul path ACQUISITION, CONSTRUCTION.
<br />Prappe,� J. a Schema
<br />n er gned authority
<br />boa
<br />rveysenplans ring or ani tlesigns'�o tsaa,
<br />ayl(stls he Business FBeach wee , FUR.
<br />per Published CASHING AND EQUIPPING OF COUNTY
<br />projects; Provisions for debt service reservri
<br />bond discount;
<br />N Vem Beach in Indian River County, Florida; that the attached copy Of advertisement, rig . CAPITAL PROJECTS IN INDIAN RIVER
<br />tl any, Inc expense of tnE
<br />issuance,
<br />_
<br />t COUNTY. FLORIDA: AUTHOR12s NAtj TME
<br />ISSUANCE OF BONpS BY TME BDAiib
<br />authonzatton and safe of said Bono -
<br />Including advertisement. -hoes and other
<br />OF
<br />t v COUNTY COMMISSIONERS OF INDIAN
<br />proceedings m connection tnerewrtn and sac^
<br />other
<br />,RIVER COUNTY, FLORIOA, TO FINANCE
<br />THE COST OF SUCH PROJECTS. PAYABLE
<br />expenses as are necessary, nc,ceftl 0-
<br />a
<br />appurtenant to the Purpoaea authorized
<br />FROM REVENUES, IF ANY, DERIVED
<br />i in the matter Of FROM SAID PROJECTS AND ALSOPAYAB
<br />hereunder.
<br />SECTION 6. The county does here*.
<br />' F THE
<br />STATE L REVE UE SH4RE FROM A P 1 NG OTRUST
<br />covenant with the holden of wen bonds rnar,-
<br />notenact -011
<br />A td , �ti n�n�n __ _ _ _ _ _ FUNDS RECEIVED BY INDIAN RIVER
<br />COUNTY OR OTHER FUNDS OF THE
<br />imps rrail
<br />or amend m any ma manner ma c-
<br />such holders or the security of the funds hK^.
<br />COUNTY DERIVED FROM SOURCES
<br />OTHER THAN AD VALOREM
<br />may be pledged to the payment of the d-Mclra.
<br />of and interest on any bonds issued pursuant 10
<br />TAXES,
<br />h7 the Court, vias Pub-- PROVIDING THE METHOD BYWH4CH
<br />the provisions of this O d,nance.
<br />THIS ORDINANCE SHALL BECOME EF•
<br />FEC"VE•
<br />SECTION 9. This ordinance snail iii be
<br />deemed to repeal Or supersede any other law
<br />ff3W in OW newspaper M issues • WHEREAS, pursuant to Article VIII,
<br />Or laws, but Shah y be considered as sa
<br />Piemonte$ and additional authorir. to %a,!:'
<br />tion I Of the Constitution of the Stale Of Flor Ce
<br />board to carry out and perform Int, powers
<br />prSECTTIIONtiis na
<br />- and Section 125.01 et seq., Florida Statutes, the
<br />Board of County Commissioners
<br />e.
<br />10. (1)i The board may enact TMs
<br />of Indovi
<br />ian
<br />River County, Florida, has all powers of local
<br />Afliast further says that the said Vero Beach Press -Journal is a newspaper publisfsed at self government to perform county functions
<br />ordinance at any regular or special meehnq
<br />provided that notice of intent to consider such
<br />ordinance nas been
<br />County, and that the said newspaper has heretofore and to render county services in a manner not
<br />'Vag Beath, in said Indian River Cam inconsistent with general or special law
<br />given M a newspaper at
<br />general nreuation within Indian River
<br />and
<br />ban Continuously published in said Indian River County, Florida, weekly and hes been entered such power may be exercised by the enact•
<br />County- at least fifteen days prior to such
<br />as Second Class mail matter at the post office in Vero Beach, in said Indian River County, Florida mentof countyprtlmantes: and
<br />excluding Sundays and legal
<br />r a pi fudd ofoneyearthe publicationthe e� of adver- at EAS, it is necessary for the public
<br />blicati
<br />afurth xtaarKthatnhe
<br />holidays. be mace bDoc*
<br />of rneubaord nd
<br />fi has neo promised any firm or fi
<br />Ya iia y person, Y general welfare of the
<br />ach
<br />clerk eptlin as seca,aa
<br />open to
<br />goporation any discount, rebate, commission or refund for the purpose of securing this adver- - County and rs Cititens /hat provisions be made
<br />the public $Or ins0ectlan dural the
<br />g
<br />regular business hours
<br />1'ifmnlent for publication in the said newspaper. for the acquisition and Construct— of capital
<br />projects which serve a county purpose and for
<br />of his Office.
<br />(2) A certified copy of this ordinance. as
<br />enacted, shall be filed by the
<br />�� rs �a anCing the Cost of such Projects;
<br />Saturn to and subscribed before me this lY yof A.ft 11 NOW, THEREFORE. BE IT ORDAINED
<br />clot. wtm file
<br />Office of the Secretary of State W Florida
<br />h- BY THE BOARD OF COUNTY COM•
<br />a MISSIONERS OF INDIAN RIVER COUNTY,
<br />within ten Jaya after enactment, and fids
<br />ordinance shall take effect upon receipt of
<br />FLORIDA:
<br />official acknowledgement from Me Secretary
<br />State
<br />SECTION L, The Board et County Com•
<br />missioners
<br />of that said ordinance has been ed worn
<br />rat
<br />said office.
<br />of Indian River
<br />/ hereinaner referred o as me "board")
<br />O F COUNTY COM-
<br />is
<br />hereby authorized to acquire, construct,
<br />furnish aIle equip county Capital projects (all
<br />(Clark Of the Circuit Court. India r�tiver County. Florida)
<br />MISSIONERS OF
<br />INDIAN RIVER COUNTY, FLORIDA
<br />Bys-Wiliam
<br />IAfeinalter called "prolecfs"),
<br />C: Wodtke, Jr., Gnairman
<br />July 1R )STT
<br />SECTION 2. To Cos,
<br />p� "Is. as above described. or any
<br />bands Issued for Such Purposes, the board is
<br />8~1sed to issue bonds from time to time
<br />-
<br />(hereinafter referred to as "bonds -)c Such
<br />-
<br />bonds may be ire coupon IOrm, in such W-. - -
<br />denomination or denominations, bear interest
<br />at such rate or rates not exceeding seven and
<br />One- aff Per centum (7I.2 Percent) per annum
<br />j
<br />and Shall mature at such time or times not
<br />fateeding forty (40) years from their date or
<br />-
<br />aOteS as may be determined by the board. The
<br />(kinds may be made redeemable before
<br />maturity, at the Option of the board, at such
<br />trice or prices and under such terms and
<br />Conditions as may be fixed by the board prior
<br />90 their issuance. The board shall determine
<br />lila PUCeer place$ Of Payment of the principal
<br />f a
<br />and interest which may be at any bank or trust
<br />5
<br />CompanY within or without the state. The
<br />-
<br />bonds shall be signed either by manual or
<br />facsimile signatures of the Chairman and
<br />Clark of the board,
<br />-
<br />Provided that such bonds
<br />Sha11 boar at least one (1) signature which is
<br />IV executed thereon, and the coupons
<br />aMatNac bea such bonds shall bear the facsimile
<br />_ {
<br />• i
<br />Signature or Signatures Of such officer or of.
<br />#Iters as shall be designated by the board. The
<br />bonds shall have the seal of the board affixed,
<br />Imprinted, reproduced Or lithographed
<br />Hinted", all as may be Prescribed in the
<br />j
<br />resolution or resolutions authorizing the
<br />Issuance thare0f. The bonds shall be sold at
<br />• pu01iC Sale Or private sale at such Price Or
<br />f *flees as the board Shan determine to be in the
<br />most Interest,
<br />provided that the price snall be
<br />: net lose than ninety-five per centum (95 per.
<br />j E Cent) Of the par value of the bonds sold.
<br />SECTION 3. The principal of and the interest
<br />= On the bolds issued hereunder may be secured
<br />by and Payable from revenues, if any, derived
<br />ffdm the operation Of said projects, or may be
<br />Secured by and Payable from the Guaranteed
<br />Enhnemenf
<br />a
<br />portion of the State Revenue
<br />Sh4in- eived theCoijunly
<br />Funds r2l9,v
<br />Pursuant fo Chapterust y
<br />Part li Florida
<br />Statutes or trot" other funds
<br />01 the County
<br />• ! derived from sources other than from ad
<br />t Valorem taxes, or a combMation of such
<br />I revenues and funds.
<br />SECTION 4, The bands shall also be and they
<br />are hereby coin Muted negotiable instruments
<br />alder the law merchant and the taws
<br />j
<br />yy
<br />of the
<br />1 State Of Florida.
<br />r f
<br />_
<br />_ SECTIONS. The bonds shall be and they
<br />are
<br />-_ a Befeby Constituted as 1 egal investments for
<br />!
<br />any state, CountyMunicipal or other publicfulo
<br />funds Of t any pink,,
<br />savtsavings yank, trustees,
<br />I faecOlorS. guardians, or any trust ar fiduciary
<br />funds whatsoever. Such bonds shall also be and
<br />i
<br />CNSfitute legal securities which may be
<br />+ deVdsited by any bank Or trust company
<br />jar the
<br />i MewitY Of state, county, municipal or other
<br />public funds.
<br />Boa . 30 PAGE 277.
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