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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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'-een performed in due time, form and manner as required by the <br />Constitution and Laws of the State of Florida, applicable thereto; <br />that the total indebtedness.of said County, including the issue of <br />Notes of which this Note is one, does not exceed any constitu- <br />tional, statutory, or other limitation; and that, to the extent <br />the revenues of the project are insufficient therefor, provision <br />has been made for the levy and collection of a direct annual tax <br />for the fiscal year 1979-80, at an annual rate not to exceed ten <br />(10) mills on the dollar of assessed value, upon all property <br />subject to taxation by the County, sufficient to pay the principal <br />of and interest on this Note as the.same-shall become due, which <br />tax shall be levied and collected at the same time and in the�same <br />manner as other ad valorem taxes of the County are assessed, levied <br />and collected. <br />This Note is not redeemable prior to its stated date <br />of maturity. <br />This Note is and has all the qualities of a negotiable <br />instrument under the law merchant and the laws of the State of <br />Florida. <br />-This Note may be registered as to both principal and <br />interest in accordance with the provisions endorsed hereon. <br />IN WITNESS WHEREOF, Indian. River County, Florida, has <br />issued this Note and has caused the same to be executed by the <br />manual or facsimile signature of the Chairman of the Board of <br />County Commissioners and the corporate seal of said County or a <br />facsimile thereof to be affixed hereto or impressed, imprinted, <br />lithographed or reproduced hereon and attested and countersigned <br />by the manual or facsimile signature of the Clerk of the Board, <br />all as of the 14th day of December, 1978. <br />-6- <br />ih 25 <br />38 FA,,,f <br />
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