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APR 21198 pox 49p FAU438 <br />The Board of County Commissioner recessed at 12:15 o'clock <br />P.M. for lunch and reconvened at 1:30 o'clock P.M. with the same <br />members present. Deputy Clerk Hargreaves took over from Deputy <br />Clerk Caldwell for the remainder of the meeting. <br />CONTINUED ITEM - FmHA LETTER OF INTENT & TRANSFER OF FUNDS <br />Attorney Brandenburg noted that FmHA presented a Letter of <br />Conditions this morning regarding the 2.017 million bond issue. <br />He stated that he has read this over and it appears to be <br />acceptable from a legal standpoint. <br />On Motion by Commissioner Lyons, seconded by Commissioner <br />Bird, the Board by a 4 to 1 vote, Commissioner Fletcher voting in <br />opposition, authorized the Chairman to sign the Letter of Intent <br />to Meet Conditions re purchase of Ixora Utility and Treasure <br />Coast Utilities as outlined iiP the letter submitted by FmHA this <br />morning. <br />UNITED STATES DE'PARWIEN`T OF AG=UL T URZ <br />Form l KA 442-46 FARMERS HOME ADMINISTRATION <br />(Rev. 1-9-69) <br />LETTER OF INTENT TO MEET CONDITIONS <br />Date Anril 21, 1982 <br />TO: Farmers 'dome Administration ' <br />United States Department of Agriculture <br />P. 0. Pox 3767 <br />h7ast Pain Beach, Florida 33402 <br />(County Office Add wss) <br />We have reviewed and understand the conditions set forth in your letter dated anr,1 11 v i OZ2 <br />cony attached and marked,Exhibit A. <br />Is our intent to meet all of them not later than July 20, 1983 <br />and intend to use the obligated monies to accomplish the <br />purpose set forth in the Letter of Conditions as soon as possible. <br />73 form <br />For <br />INDIAN RIVER COUN= <br />(Name of Association) <br />BY <br />DON C. SCURL:CK, JR. <br />C::ai.rr:. n. Board of County Ccmnissiorers <br />(� itiQl <br />