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The Chairman opened the Public Hearing. <br />Tricia Jenkins & Sabrina Barnes, Children's Home Society, P.O. Box 3612, <br />Vero Beach, gave a brief background on the Home, talked about the services offered, and <br />explained the purpose of the Bond. <br />There were no speakers and the Chairman closed the Public Hearing. <br />On MOTION by Vice Chairman Davis, SECONDED by <br />Commissioner Flescher, the Board unanimously approved <br />Resolution 2008-037 approving the execution of an <br />Interlocal Agreement with Palm Beach County, Florida; <br />approving the issuance by Palm Beach County, Florida, of <br />the Palm Beach County, Florida Variable Rate Demand <br />Revenue Bonds (The Children's Home Society of Florida <br />project), Series 2008. In an aggregate principal amount not <br />to exceed $17,000,000, such Bonds to be issued for the <br />purpose of providing funds to Palm Beach to make a loan <br />or loans to The Children's Home Society of Florida to <br />finance and refinance, among other things, all or a part of <br />the costs of the acquisition, construction and equipping of <br />a certain social service center in Indian River County, <br />Florida; and providing an effective date. <br />AGREEMENT IS ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />12 <br />March 18, 2008 <br />