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Fr'_ <br />J. -UN 51985 <br />BOOK U F'AGF 169 <br />(hereinafter called "Resolution"). <br />B. It is necessary and desirable to amend the <br />Resolution by making certain technical corrections to conform to <br />the loan commitment by Florida National Bank with respect to the <br />bonds. <br />SECTION 3. AMENDMENTS TO RESOLUTION. The Resolution is <br />amended in the following manner. <br />A. Section 11 of the Resolution is hereby amended to <br />read as follows: <br />"SECTION 11. PROVISIONS FOR REDEMPTION. Except as pro- <br />vided below, the Bonds are not subject to redemption prior to <br />their first interest payment date. On July 1, 1986, and on each <br />January 1 and July 1 thereafter, after providing for the payment <br />of interest on the Bonds on the next annual interest payment date <br />and principal thereof on the next amortization installment due <br />date as specified below, the County shall, from money on deposit <br />in the Improvement Fund, redeem Bonds or portions thereof as are <br />selected by lot, at a price of par and accrued interest to the <br />redemption date, to the extent necessary to exhaust the <br />Improvement Fund. <br />Principal amounts of the Bonds or portions thereof, to <br />be selected by lot, which shall be equal to the following man- <br />datory amortization installments: <br />YEARS AMOUNTS.. <br />1987 $516,500. <br />1988 516,500 <br />1989 516,500 <br />1990 516,500 <br />1991 516,500 <br />1992 516,500 <br />1993 516,500 <br />1994 516,500 <br />1995 516,500 <br />1996 516,500 <br />shall be redeemed on January 1 prior to their maturity (except <br />the installment maturing -in the year 1996) at the price of the <br />principal amount thereof, plus accrued interest, or be purchased <br />in the open market at a price not to exceed such redemption <br />price. <br />I <br />