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r ,MAY 20 1�8i RESOLUTION NO. 51-33 A RESOLUTION AMENDING RESOLUTION NO. 79-1 DULY. ADOPTED ON JANUARY 4, 1979, BY THE B-OARD OF COUNTY COMMISSIONERS -OF INDIAN RIVER COUNTY, FLORIDA, ENTITLED: "RESOLUTION PROVIDING FOR THE ACQUISIT-10N, CONSTRUCTION AND ERECTION OF EXTENSIONS A -ND IMPROVEMENTS .TO THE- WATER AND SEWER- - S YSTEM OF INDIAN RIVER COUNTY, FLORIDA; AUTHORIZING THE ISSUANCE BY THE COUNTY OF -NOT EXCEEDING $236,000 WATER AND SEWER REVENUE BONDS, SECOND SERIES 1979, TO F INANCE A PART -OF THE COST `THEREOF; PLEDGING - THE GROSS -REVENUES OF SAID SYSTEM, TO SECURE - PAYMENT OF_ THE PRINC-IPAL OF -AND INTEREST ON THE BONDS; AND PROVIDING FOR THE RIGHTS OF THE HOLDERS OF THE BONDS." - AS AMENDED, BY AMENDING THE DESCRIPTION OF THE BONDS AND THE REDEMPTION PROVISIONS THEREFOR; AND -PROVIDING AN- EFFECTIVE DATE. BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS (hereinafter called "Board") OF INDIAN RIVER COUNTY, FLORIDA, t hat: 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'Januar,� 4, 1979, Resolution* No. 79-1 entitled: "RESOLUTION PROVIDING FOR THE ACQUISITION, CONSTRUCTION AND ERECTION OF EXTENSIONS AND IMPROVEMENTS TO THE WATER AND SEWER SYSTEM OF INDIAN RIVER COUNTY, FLORIDA; AUTHORIZING THE ISSUANCE BY THE COUNTY OF NOT EXCEEDING $236,000 WATER AND SEWER REVENUE BONDS, SECOND 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 RIGHTS OF THE HOLDERS OF THE BONDS." and subsequently amended the same (hereinafter collectively called "Resolution"). B. It is necessary and desirable to amend the descrip- tion of the bonds and the redemption provisions therefor con- 5-