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RESOLUTION NO. 84-36 <br />A RESOLUTION PROVIDING FOR THE REFUNDING OF <br />CERTAIN OUTSTANDING REVENUE OBLIGATIONS OF <br />INDIAN RIVER COUNTY, FLORIDA, AND THE CON- <br />STRUCTION AND EQUIPPING OF ADDITIONAL COURT- <br />ROOM FACILITIES; AUTHORIZING THE ISSUANCE OF <br />NOT EXCEEDING $1,000,000 CAPITAL IMPROVEMENT <br />REVENUE BONDS (JUNIOR LIEN), SERIES 1984A, <br />TO FINANCE PART OF THE COST THEREOF; AND PRO- <br />VIDING FOR THE PAY14ENT OF THE PRINCIPAL OF AND <br />INTEREST ON SUCH BONDS FROM THE RACE TRACK <br />FUNDS AND JAI ALAI FRONTON FUNDS ACCRUING <br />ANNUALLY TO INDIAN RIVER COUNTY, FLORIDA, <br />PURSUANT TO LAW AND CERTAIN INVESTMENT INCOME; <br />PROVIDING AN EFFECTIVE DATE. <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA (hereinafter referred to as "Board"), <br />that: <br />SECTION 1. AUTHORITY FOR RESOLUTION. This resolution <br />is adopted pursuant to the provisions of Chapter 125, Florida <br />Statutes, Indian River County Ordinance No. 77-19, enacted August <br />3, 1977, and effective August 9, 1977, as amended, Chapter 83-271, <br />Laws of Florida, Acts of 1983, and other applicable provisions of <br />law. <br />SECTION 2. DEFINITIONS. The following terms shall have <br />the following meanings herein, unless the text otherwise expressly <br />requires. Words importing singular number shall include the <br />plural number in each case and vice versa, and words importing <br />persons shall include firms and corporations. <br />A. <br />"County" <br />shall mean <br />Indian River County, Florida. <br />B. <br />"Board" <br />shall mean <br />the Board of County Commissioners <br />of Indian River County, Florida. <br />C. "Act" shall mean Chapter 125, Florida Statutes, <br />Indian River County Ordinance No. 77-19, enacted August 3, 1977, <br />and effective August 9, 1977, as amended, Chapter 83-271, Laws of <br />Florida, Acts of 1983, and other applicable provisions of law. <br />D. "Resolution" shall mean this resolution. <br />E. "Bonds" shall mean the Capital Improvement Revenue <br />Bonds (Junior Lien), Series 1984A, herein authorized to be issued. <br />F. "Serial Bonds" shall mean any Bonds for the payment <br />-I- <br />n. �� � PAGE ���� <br />MAY 2 3 1�� <br />� J <br />