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installments thereof, as the case may be. If notes are issued in <br />anticipation of the issuance of Bonds, the special assessments <br />shall bear interest at a rate not to exceed 1% above the rate of <br />interest on the notes, as long as the notes are outstanding. Any <br />special assessments that are prepaid shall bear interest at the <br />rate borne by the Bonds or the notes issued in anticipation of <br />the issuance of the Bonds, whichever are outstanding, and, if <br />necessary to pay additional expenses of redemption, shall include <br />a prepayment fee not to exceed the applicable redemption premium, <br />if any, for such notes or Bonds, if they were to be redeemed on <br />the next available redemption date." <br />SECTION 4. SEVERABILITY OF INVALID PROVISIONS. If any <br />one or more of the provisions herein contained shall be held <br />contrary to any express provision of law or contrary to the <br />policy of express law, though not expressly prohibited, or <br />against public policy, or shall for any reason whatsoever be held <br />invalid, then such provisions shall be null and void and shall be <br />deemed separable from the remaining provisions and shall in no <br />way affect the validity of any of the other provisions hereof. <br />SECTION 5. REPEALING CLAUSE. All ordinances, resolu- <br />tions or parts thereof of the Board in conflict with the provi- <br />sions herein contained are, to the extent of such conflict, <br />hereby superseded and repealed. <br />SECTION 6. EFFECTIVE DATE. A certified copy of this <br />ordinance, as enacted, shall be filed in the office of the <br />Department of State of the State of Florida by the Clerk of the <br />Board within 10 days after its enactment, and this ordinance <br />shall take effect upon receipt of official acknowledgment from <br />that office that such ordinance has been filed. <br />ENACTED this August , 1984. <br />-3- <br />