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The Chairman opened the Public Hearing and asked if <br />anyone wished to be heard. There were none. <br />ON MOTION by Commissioner Bowman, <br />SECONDED by Commissioner Lyons, the Board <br />unanimously closed the Public Hearing. <br />ON MOTION by Commissioner Lyons, <br />SECONDED by Commissioner Bowman, the Board <br />unanimously deferred action on amendments to <br />franchise until the Special Meeting of <br />November 9, 1983, at 7:30 p.m. in a facility <br />at Vero Highlands. <br />GENERAL DEVELOPMENT UTILITY REVENUE BONDS <br />Attorney Brandenburg explained that this Public Hearing <br />had been postponed from the September 21, 1983 meeting. <br />The Board reviewed the following memo dated 9/12/83: <br />TO: Members of the DATE: September 12, 1983 FILE: <br />Board of County Commissioners <br />SUBJECT: General Development Utilities <br />$4,020,000 Variable Rate <br />Demand Utility Revenue Bonds <br />FROM: Gary M. Brandenburg REFERENCES: <br />County Attorney. <br />With regard to the capital improvements being made by General <br />Development Utilities, please find attached to this memorandum the <br />proposed resolution authorizing the issuance of $4,020,000 Variable <br />Rate Demand Utility Revenue Bonds which is being submitted for your <br />approval. <br />The remainder of the financing documents, Trust Indenture, Loan <br />Agreement and Guarantee Agreement referred to as Exhibits "A", "B", <br />and "C", are available in my office for your review, as they were <br />too voluminous to include in your backup. <br />55 <br />0 CT 5 1983 <br />Respect-,fmlly submit ed; <br />randeab rg <br />BQ l5, 4 PACE <br />J <br />