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12/6/1978
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12/6/1978
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Last modified
7/23/2015 11:40:09 AM
Creation date
6/11/2015 10:53:44 AM
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Meetings
Meeting Type
Board of Supervisors
Document Type
Minutes
Meeting Date
12/06/1978
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UNITED STATES OF P_IEI?ICA <br />STATE OF FLORIDA <br />COUNTY OF INDIAN RIVER <br />REVENUE AND GENERAL OBLIGATION NOTE <br />KNOW ALL MEN BY THESE PRESENTS, that Indian River County, <br />Florida (hereinafter referred to as "County"), for value received, <br />hereby promises to, pay to the bearer, or if this Note be registered, <br />to the registered holder as herein provided, on December 13, 1979, <br />the principal sum of Dollars ($ ), <br />with interest thereon at the rate of six and forty hundredths per <br />centum (6.40%).per annum, payable at the maturity hereof, upon <br />presentation and surrender of this Note. Both principal of and <br />interest on this Note are payable in lawful money of the United <br />States of America at The Chase Manhattan Bank, N.A., New York, New <br />York. For the prompt payment of the principal of and interest on <br />this Note as the same shall become due, the revenues of the project <br />(hereinafter referred to), and, if necessary, the ad valorem taxing <br />power of the County for the fiscal year 1979-80 at an annual <br />rate not to exceed ten (10) mills on the dollar of assessed value, <br />are hereby irrevocably pledged. <br />This Note is one of an authorized issue of notes in the <br />aggregate principal amount of $235,000 of like date, tenor and <br />effect, except as to number and denomination, issued to advance <br />funds to finance the cost of the acquisition of a water system <br />' (herein called the "project"), under the authority of and in full <br />compliance with the Constitution and Statutes of the State of <br />Florida, including Section 125.01, Florida Statutes, Chapter 159, <br />Part I, Florida Statutes, and other applicable provisions of law, <br />,and pursuant to a resolution of the County duly adopted on the 6th <br />day of December, 1978 (hereinafter called."Resolution").. This Note <br />is subject to all the terms and conditions of said Resolution. <br />It is certified*and recited that all acts, conditions and <br />things required to happen, to exist and to be performed; precedent <br />to and in the issuance of this Note, have happened, exist, and have <br />J <br />DEC 6 1978. pv�M <br />
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