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RESOLUTION -NO. I'3I <br />A RESOLUTION PROVIDING FOR -COMPLETION OF THE <br />RECONSTRUCTION, ALTERATION, FURNISHING AND <br />EQUIPPING OF A COURTHOUSE ANNEX IN -INDIAN <br />RIVER COUNTY, FLORIDA; AUTHORIZING THE ISSUANCE <br />OF NOT EXCEEDING $725,000 CAPITAL IMPROVEMENT <br />REVENUE BONDS, SERIES 1.981-, TO FINANCE THE <br />COST THEREOF; AND PROVIDING FOR THE PAYMENT OF <br />THE PRINCIPAL OF AND INTEREST ON SUCH BONDS -- <br />FROM THE RACE TRACK FUNDS AND JAI ALAI -FRONTON <br />FUNDS -ACCRUING ANNUALLY. TO INDIAN RIVER <br />COUNTY; FLORIDA, PURSUANT TO LAW,- AND CERTAIN <br />INVESTMENT INCOME; PROVIDING FOR THE RIGHTS OF <br />THE HOLDERS OF SAID BONDS. <br />BE-IT RESOLVED BY --THE BOARD OF COUNTY-.COMM-ISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA (hereinafter referred to as "Board"),. <br />that: - <br />SECTION 1. AUTHORITY FOR RESOLUTION. This resolution <br />is adopted pursuant -to -the -provisions of Chapter 125, Florida <br />Statutes, Indian River County Ordinance No. -77-19 enacted August <br />3, 1977, and effective August 9, 1977, as amended, and other <br />applicable provisions -of law. <br />SECTION 2. DEFINITIONS. The following terms shall have <br />the following meanings herein, unless the text otherwise expressly <br />requires. Words importing singular number shall include the <br />plural number in each case and vice versa, and words. importing <br />persons shall include firms and corporations. <br />A. "Issuer" or "County" shall mean Indian River County, <br />Florida. <br />B. "Board" shall mean the Board of County Commissioners <br />of Indian River County, Florida. <br />C. "Act" shall mean Chapter 125, Florida Statutes, <br />Indian River County Ordinance No. 77-19, enacted August 3, 1977, <br />and effective August 9, 1977, as amended, and other applicable <br />provisions of law. <br />D. "Resolution" shall mean this resolution. <br />E. "Obligations" shall mean the Capital Improvement <br />Revenue Bonds, Series 1981, herein authorized to be issued. <br />F. "Prior Lien Obligations" shall mean the outstanding <br />$4,350,000 Capital Improvement Revenue Bonds, Series 1980, dated <br />