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5/23/1984
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5/23/1984
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7/23/2015 11:50:24 AM
Creation date
6/11/2015 4:25:16 PM
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
05/23/1984
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MAY 2 3 1994 <br />BOOK 57 <br />soon as it is feasible, applied to the Term Bonds; and <br />(b) Any balance then remaining, other than money <br />retained under the first clause of this Paragraph (3), shall•be <br />applied to the retirement of such Term Bonds as the County in its <br />sole discretion shall determine, but only, in the case of the <br />redemption of Term Bonds, in such amounts and on such terms as <br />may be provided in the resolution authorizing the issuance of the <br />Bonds. <br />(4) The County shall deposit into the Bond Amortization <br />Account Amortization Installments for the amortization of the <br />principal of the Term Bonds, together with any deficiencies for <br />prior.required deposits, such Amortization Installments to be in <br />such amounts and to be due in such years as shall be determined <br />by resolution of the Board prior to the delivery of the Bonds. <br />The County shall pay from the Junior Lien Bond Service <br />Fund all expenses in connection with any such purchase or redemp- <br />tion. <br />C. ADDITIONAL OBLIGATIONS. The County hereby covenants <br />and agrees not to incur any other obligations or indebtedness, <br />except refunding obligations as hereinafter provided, payable <br />from the same source as the payments hereinbefore specified to be <br />made into the Bond Service Fund and Reserve Account, unless such <br />obligations contain an express statement that such obligations <br />are junior and subordinate in all respects to the Bonds herein <br />authorized as to lien on and source and security for payment from <br />the Pledged Revenues. <br />D. REMEDIES. Any Holder of Bonds issued under the pro- <br />visions of this Resolution, may either at law or in equity, by <br />suit, action, mandamus or other proceedings in any Court of com- <br />petent jurisdiction, protect and enforce any and all rights under <br />the laws of the State of Florida or granted and contained in the <br />Act and in this Resolution, and may enforce and compel the <br />payment of all sums and the performance of all duties required by <br />this Resolution or by any applicable statutes to be performed by <br />a e � <br />
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