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1980-32
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1980-32
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SECTIO14 21- Cost of Projects. The cost of the <br />fire prevention and control capital projects may be deemed to include, <br />but not be limited to, the cost of acquisition of sites; legal, <br />engineering, fiscal, architectural fees and fees of any other experts <br />or consultants employed by the District; engineering or architectural <br />studies; preparation of surveys, plats, assessment rolls, plans <br />and designs for the projects; capitalization of interest for a <br />reasonable period after issuance of the Obligations; capitalization <br />of reasonable debt service reserves for the payment of the Obligations; <br />premiums for municipal bond insurance policies; the expense of <br />the issuance, authorization and sale of the Obligations, including <br />advertisements, notices and other proceedings in connection therewith; <br />the discount on the sale of the Obligations, if any; and such other <br />expenses as are necessary, incidental or appurtenant to the purposes <br />authorized hereunder. <br />SECTIO14 21- Refunding Bonds. The District may, <br />pursuant to resolution duly adopted, issue obligations to refund <br />any Obligations issued pursuant to the authority contained in this <br />ordinance and provide for the rights of the holders hereof. Such <br />refunding obligations may be issued in an amount sufficient to <br />pay the principal of the outstanding Obligations; the interest <br />due and payable on the outstanding Obligations to and including <br />the first date upon which the outstanding Obligations shall be <br />callable prior to maturity, the dates upon which the principal <br />thereof shall mature, or any dates in between; the redemption premiums, <br />if any; and any expenses of the issuance and sale of such refunding <br />obligations. <br />SECTION 21- Referendum. The Board of County <br />Commissioners of Indian River County, Florida,.does hereby authorize <br />and direct the holding of a referendum in the Fire District as <br />described herein the 9th day of September, 1980. Only those who <br />are qualified electors in said Fire District on the day of the <br />election shall be qualified to vote in the election. The question <br />or matter to be determined by said electors at such election shall <br />be stated on the ballot used in said election as follows: <br />-10- <br />
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