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and collection of special assessments, for the levy and collec- <br />tion of impact fees for the purposes expressed in the Ordinance; <br />and by authorizing the issuance of revenue bonds secured wholly <br />or in part by such impact fees. <br />SECTION 3. AMENDMENTS TO ORDINANCE. The Ordinance is <br />hereby amended in the following manner. <br />A. Section 3 of the Ordinance is hereby amended to read <br />as follows: <br />"SECTION 3. SECURITY FOR BONDS. The principal of, <br />interest on and redemption premiums, if any, for the Bonds shall <br />be payable from the proceeds of the special assessments and/or <br />impact fees, as applicable, to be levied against the property <br />specially benefited by the acquisition and/or construction of the <br />Improvements, and, at the option of the Board, may be addi- <br />tionally payable from any other funds derived by the County from <br />sources other than ad valorem taxation and legally available for <br />such purpose. The provisions of this section, however, shall not <br />be construed so as to impair or authorize the impairment of the <br />security of the holders of any obligations previously issued by <br />the County which are payable from such non ad valorem funds." <br />B. Section 4 of the Ordinance is hereby amended to read <br />as follows: <br />"SECTION 4. INCORPORATION OF CERTAIN PROVISIONS OF <br />CHAPTER 170. The provisions of Chapter 170, Florida Statutes <br />(1981), as amended (hereinafter collectively called 'Chapter <br />170'), to the extent not inconsistent with the provisions of this <br />ordinance, are hereby incorporated herein by reference and made <br />applicable to the County the same as if it were a 'municipality' <br />as defined therein. Appropriate changes to the provisions of <br />Chapter 170, as incorporated herein, are hereby made to reflect <br />the differences between municipal and county government. The <br />Board, however, shall not be required to let contracts for any <br />Improvements before adoption of any resolution authorizing the <br />issuance of Bonds. Furthermore, it shall not be necessary for <br />-2- <br />