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ORDINANCE NO. 90-12 <br />which are publicly owned and operated or <br />owned and operate y not-for-profit <br />organizations and open to the public. <br />(b) The revenues to be derived from the <br />tourist development tax may be pledged to secure and <br />IAjquj date revenue—bonds i_ssued by the count _y ---for t_li <br />purposes set forth in Section (a)(1) or up to fifty (50) <br />percent of the revenues to be derived from the tourist <br />development tax may be pledged to secure and liquidate <br />revenue bonds issued by the county for the purposes set <br />forth in Section (a)(4). <br />SECTION 2. <br />Severability <br />If any section, or if any sentence, paragraph, <br />phrase, or word of this ordinance is for any reason held to <br />be unconstitutional, inoperative, or void, such holding <br />shall not affect the remaining portions of this ordinance, <br />and it shall be construed to have been the legislative <br />intent t©- pass tkte--ord-irranc-L—wi-ttiout such unc-onsfi t-ut ion <br />invalid or inoperative part. <br />SECTION 3. <br />Conflictinq Provisions <br />In case of a conflict between the provisions of <br />this ordinance and prior ordinances, the prior ordinance <br />shall be deemed repealed to the extent of such conflict. <br />SECTION -4. <br />Effective Date <br />This ordinance shall become effective upon receipt <br />from the Secretary of State of the State of Florida of <br />official acknowledgment that this ordinance has been filed <br />with the Department of,State, <br />Approved—acrd adopted by—the—Boa-rdof ,County <br />Commissioners of Indian River County, Florida, on this 17 <br />day of July 1990. <br />CODING: Words underlined are additions; words $%fJ��6t/1`.l4�6000l <br />_—_— are deletions. <br />3 <br />SmeadSoft Reprint Date: Monday, August 12, 2013 - 15:14:07 - OfficialDocuments:662, Attachment Id 0, Page 3 <br />