1/18/1978 - Laserfiche WebLink

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0 10 SECTION 4. AUTHORIZATION OF CONSTRUCTION AND ACQUISITION OF PROJECT AND REFUNDING OF NOTES. (a) There is hereby authorized the construction and acquisition of the project pursuant to the reports and the plans and specifications of the Consulting Engineers, presently on file or to be on file with the Issuer. The cost of such project, in addition to the items set forth in the plans and specifications, may include, but need not be limited to the acquisition of any lands or interest therein or any other properties deemed necessary or convenient therefor; engineering, legal and financing expenses; expenses for estimates of costs and of revenues; expenses for plans, specifications and surveys; the fees of fiscal agents, financial advisors or consultants; administrative expenses relating solely to the construction and acquisition of the project; the capitalization of interest for a reasonable period after the issuance of the obligations; the creation and establishment of reasonable reserves for debt service and operation and maintenance; the discount on the sale of the Obligations, if applicable; and such other costs and expenses as may be necessary or incidental to the financing herein authorized and the construction and acquisition of the project and the placing of same in operation. (b) There is also hereby authorized the refunding of the Outstanding Notes. 00000 SECTION 6. AUTHORIZATION OF OBLIGATIONS. Subject and pursuant to the provisions hereof, obligations of the Issuer to be known as "Solid Waste Disposal System Revenue Bonds, Series 1977," herein sometimes referred to as "Obligations" are authorized to be issued in the aggregate principal amount of not exceeding One Million Eight Hundred Fifteen Thousand Dollars ($1,815,000). 00000 SECTION 8. EXECUTION OF OBLIGATIONS AND COUPONS. The Obligations shall be executed in the name of the Issuer by the Chairman of the Board of County Commissioners and countersigned and attested by the Clerk of the Board, and its corporate seal or a facsimile thereof shall be affixed thereto or reproduced thereon. The facsimile signatures of the Chairman or the Clerk may be imprinted or reproduced on the Obligations, provided that at least one signature required to be placed thereon shall be manually subscribed. In case any officer whose signature shall appear on any of the Obligations shall cease to be such officer before the delivery of such Obligations, such signature or facsimile shall nevertheless be valid and sufficient for all purposes the same as if he had remained in office until such delivery. The Obligations may be signed and sealed on behalf of the Issuer by such person who at the actual time of the execution of such Obligations shall hold the proper office with the Issuer, although at the date of such Obligations such person may not have held such office or may not have been so authorized. The coupons attached to the Obligations shall be authenticated with the facsimile signatures of any present or future Chairman and Clerk of the Issuer, and the validation certificate on the Obligations shall be executed with the facsimile signature of the Chairman. The Issuer may adopt and use for such purposes the facsimile signatures of any persons who shall have held such offices at any time on or after the date of the Obligations notwithstanding that they may have ceased to be such officers at the time such Obligations shall be actually delivered. SECTION 10. OBLIGATIONS MUTILATED, DESTROYED, STOLEN OR LOST. In case any Obligation shall become mutilated, or be destroyed, stolen or lost, the Issuer may in its discretion issue and deliver a new obligation with all unmatured coupons attached, if any, of like tenor as the Obligation and attached coupons, if any, so mutilated, destroyed, stolen or lost, in exchange and substitution for such mutilated Obligation, upon surrender and cancellation of such mutilated obligation and attached coupons, if any, or in lieu of and B-2 Box 133 FAGF. ��cJ1i r