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5/21/1980
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5/21/1980
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7/23/2015 11:48:53 AM
Creation date
6/11/2015 11:27:47 AM
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
05/21/1980
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MAY 211900 QQ <br />BOO PAGE D <br />9. To comply with all applicable State and Federal laws and regulations and to continually operate and maintain the <br />facility in good condition. <br />10. To provide for the receipt of adequate revenues to meet the requirements of debt service, operation and maintenance, <br />and the establishment of adequate reserves. No free service or use of the facility will be permitted. <br />11. To acquire and maintain such insurance coverage including fidelity bonds as may be required by the Government. <br />12. To establish and maintain such books and records relating to the operation of the facility and its financial affairs <br />and to provide for required audit thereof in such a manner as may be required by the Government, to provide the <br />Government without its request, a copy of each such audit, and to make and forward to the Government such <br />additional information and reports as it may from time. to time require. <br />13. To provide the Government at all reasonable times access to all books and records relating to the facility and <br />access to the property of the system so that the Government may ascertain that the association is complying with <br />the provisions hereof and of the instruments incident to the -making or insuring of the loan. <br />14. To serve any applicant within the service area who desires service and can be feasibly and legally served, and to <br />obtain the concurrence of the Farmers Home Administration prior to refusing service to such applicant. Upon the <br />failure to provide such service which is feasible and legal such applicant shall have a direct right of action against <br />the association under this agreement. <br />The provisions hereof and the provisions of all instruments incident to the making or the insuring of the loan, unless otherwise <br />specifically provided by the terms of such instruments, shall be binding upon the association as long as the bonds are held <br />or insured by the Government. The provisions of sections 6 through 13 hereof may be provided for in more specific detail <br />in the bond resolution or ordinance; to the extent that the provisions contained in such bond resolution or ordinance should <br />be found to be inconsistent with the provisions hereof, these provisions shall be construed as controlling as between the <br />association and the Government. <br />The vote was: Yeas Nays ---.0--- ; Absent ---Q — . <br />IN WITNESS WHEREOF, the—_9h__AjJMdn of the <br />Board of Counter Comms,p_______�______�____� has duly adopted this Resolution and caused <br />it to be executed by the officers below in duplicate on this -2-1-3-t day of------MaX _ __ ._._____ ___ , 19 -8-31. . <br />." ')I,uIII I)I1: <br />(SEAL) ;� } <br />Attest: <br />Title_.__---- Clerk ..........----- —---------- ---------------- <br />B.,---------- <br />Title <br />Chairman <br />-----------_--•------�----------------- <br />Board o� County -Commissioners of <br />Indian River County, Florida <br />CERTIFICATION <br />I, the undersigned, as ---- chairman____---- of the Board of Count Commissioners <br />hereby certify that the <br />of such Association is composed of <br />--- - ------ members, of whom ----------- , constituting a quorum, were present at a meeting thereof duly called and <br />held on the -21-5-t-- day of 19 -B-Q- ; that the foregoing resolution was adopted at <br />such meeting by the vote shown above; and that said resolution has not been rescinded or amended in any way. <br />Dated, this -21S -t--------_----- day of 19 -8-0 -- <br />*L'. <br />Q-- <br />*L'. S.GPO:1976-0-665-664/2243 <br />- 4�k WI;lrl, <br />Title ---- ___ -- -- >P.r --- ------ - ----------------- <br />- -- - <br />Willard W.7.'Siebert, Jr., Chc.irman <br />
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