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RESOLUTION NO. 81-28 A RESOLUTION AMENDING RESOLUTION NO. 78-6 DULY ADOPTED ON JANUARY 23, 1978, BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, ENTITLED: "RESOLUTION PROVIDING FOR THE ACQUISITION �O F A WATER AND SEWER SYSTEM IN INDIAN RIVER COUNTY, FLORIDA, AND THE CONSTRUCTION AND ERECTION OF EXTENSIONS AND IMPROVEMENTS THERETO; AUTHORIZING THE ISSUANCE BY THE COUNTY OF NOT EXCEEDING $402,500 WATER AND SEWER REVENUE BONDS, SERIES 1979, TO FINANCE A PART OF THE COST THEREOF; PLEDGING THE GROSS REVENUES OF SUCH SYSTEM TO SECURE: PAYMENT OF THE PRINCIPAL OF AND INTEREST ON THE BONDS; AND PROVIDING FOR THE RIGH`!'S OF THE HOLDERS OF THE BONDS." TO MORE PARTICULARLY DESCRIBE THE SYSTEM; AND PROVIDING AN EFFECTIVE DATE. BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS (hereinafter called "Board") OF INDIAN RIVER COUNTY, FLORIDA, that: 4 SECTION 1. AUTHORITY FOR THIS RESOLUTION. This resolu- tion is adopted pursuant to Ch. 159, Fla. Stat. (1979), and other applicable provisions of law. SECTION 2. FINDINGS. It is hereby ascertained, deter- mined -and declared that: A. The Board heretofore duly adopted on January 23, 1978, Resolution No. 78-6 entitled: "RESOLUTION PROVIDING FOR THE ACQUISITION OF A WATER AND SEWER SYSTEM IN INDIAN RIVER COUNTY, FLORIDA, AND THE CONSTRUCTION AND ERECTION OF EXTENSIONS AND IMPROVEMENTS THERETO; AUTHORIZING THE ISSUANCE BY THE COUNTY OF NOT EXCEEDING $402,500 WATER AND SEWER REVENUE'BONDS, SERIES 1979, TO FINANCE A PART_ OF THE COST THEREOF; PLEDGING THE GROSS REVENUES OF SUCH SYSTEM TO SECURE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON _ THE BONDS; A9D PROVIDING FOR THE RIGHTS OF THE HOLDERS OF THE BONDS." (hereinafter called "Resolution"). B. . It is necessary and desirable to amend the Resolution -to more particularly describe the System, as defined in the Resolution. S ECTION 3. AMENDMENT TO RESOLUTION. Subsection 1.02(A) MAY 6 1981 -1 - BOOK - 4PACE336