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1997-145
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1997-145
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Last modified
3/3/2016 8:48:11 PM
Creation date
12/30/2015 3:12:12 PM
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Template:
Resolutions
Resolution Number
1997-144
Approved Date
12/02/1997
Resolution Type
Authorizing Escambia County Housing
Entity Name
to operate in IRC
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OFFICE OF COUNNATTORNEY CHA1ua..VIruNAC <br /> oc BOARD OF COUNTY COMMISSIONERS County Aemoy <br /> INDIAN RIVER COUNTY <br /> t 1840 35th Strut, Vero Beach,Florida 33960 WILLIAM e.doctors II <br /> aWh County Attorney <br /> Telephone: (407)567.8000, Ext. 434 <br /> Suncom. 324-1424 nRasNcs P.01811IN <br /> Fax: (407) 770.5095 A....aunty A"o ney <br /> SHARON PHILLIPS/atNNAN <br /> Aw.County Anereey <br /> Escambia County Housing William R.Hough 8t Co. <br /> Finance Authority St.Petersburg,FL <br />_. Pensacola,FL <br /> Miller,Canfield,Paddock and Stone,P.L.C. <br /> Pensacola,FL <br /> Re: Escambia County Housing Finance Authority <br /> Single-Family Mortgage Revenue Bonds <br /> Seria 1998(dated ) <br /> Ladies and Gentlemen: <br /> I have acted as attorney for Indian River County, Florida (the "County") in connection with the <br /> issuance and sale by the Escambia County Housing Finance Authority(the"Authority")of the above- <br /> captioned Bonds(the "Bonds*),the adoption of a resolution on December 9, 1997(the "Resolution% <br /> by the Board of County Commissioners (the "Board")of the County approving the issuance of the <br /> Bonds and authorizing the Authority to expand its area of operation to include the County for <br /> purposes of this bond issue,and the execution and delivery of an Interlocal Agreement between the <br /> County and the Authority dated as of December 9, 1997, in connection with the issuance of the <br /> Bonds. The County has entered into the Interlocal Agreement because no Housing Finance Authority <br /> for the County is currently active. <br /> I am of the opinion that: <br /> 1. The Resolution has been duly and validly adopted by the Board,has not been amended,modified, <br /> or repealed since its adoption and constitutes the legal and valid act of the County enforceable in <br /> accordance with its terms. <br /> 2. The Interlocal Agreement has been duly authorized and delivered by the County and,assuming <br /> the proper authorization,execution,and delivery thereof by the Authority,constitutes a legally <br /> valid and binding agreement of the County enforceable in accordance with its terms. <br /> Sincerely, <br /> Charles P.Vitunae <br /> County Attorney <br /> l <br />
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