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Bonds shall not directly,indirectly,or contingently obligate the Authority,the County,the State <br /> of Florida,or any political subdivision thereof to levy or pledge any form of taxation whatsoever <br /> therefore or to make any appropriation from ad valorem taxation revenues or other revenues for <br /> their payment. <br /> NOW, THEREFORE, THIS INTERLOCAL AGREEMENT, between the Palm Beach <br /> County Health Facilities Authority and Indian River County, WITNESSETH AS FOLLOWS: <br /> SECTION ONE: At all times prior to and during the term of this agreement the <br /> Authority and County constitute "public agencies" as that term is defined in Section <br /> 163.02(3)(b), Florida Statutes, as amended, and both the Authority and the County have in <br /> common the power and authority to issue revenue bonds in order to provide financing for the <br /> acquisition,operation and maintenance of health care facilities,such power and authority as each <br /> might exercise separately. <br /> SECTION TWO: The Authority and County are entering into this Interlocal Agreement <br /> in order to more effectively perform their service function related to the provision of adequate <br /> health cane facilides and services pursuant to the powers granted under Section 163.01, Florida <br /> Statutes,as amended,and to permit the Authority to operate within the jurisdiction of the County <br /> for the purpose of financing the two health care facilities owned by ACTS within the County. <br /> SECTION THREE: This Interlocal Agreement shall in no way be interpreted to <br /> authorize the delegation of the constitutional or statutory duties of the Authority, the County, <br /> the State of Florida, or any officers of any political subdivision thereof. <br /> SECTION FOUR: This Interlocal Agreement and the Bonds shall not be deemed to <br /> constitute a debt, liability or obligation of or pledge of the faith and credit of Indian River <br /> County, Palm Beach County, the Authority, the State of Florida, or any political subdivision <br /> thereof. The issuance of the Bonds shall not directly, indirectly, or contingently obligate the <br /> Authority, the County, Palm Beach County, the State of Florida, or any political subdivision <br /> thereof to levy or to pledge any form of taxation whatsoever therefore, or to make any <br /> appropriation for their payment. <br /> SECTION FIVE: Title to the health care facilities financed pursuant to this Interlocal <br /> Agreement shall be in ACTS and neither the Authority nor the County shall have any title or <br /> interest therein. $ <br /> W <br /> fV <br /> s� <br /> co <br /> N <br /> O <br /> CD <br /> -2- <br />