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done in Florida; there has not been an FmHA note issue larger <br />than 9.2 million; so, they are bringing a rather large slightly <br />unusual type of municipal paper to the marketplace. Mr. Pauzar <br />stated that they look forward to working with the county in the <br />future and thanked everyone for their help on this transaction. <br />Mr. Saunders then asked Bond Counsel Chuck Sieck to review <br />the required resolutions, which have been pre -numbered. <br />Mr. Sieck explained that the authorizing resolution 87-143 <br />basically amends and supplements Resolution 86-36. At that time <br />they rather hurriedly developed a note resolution which contained <br />the basis of the terms on which the notes would be issued; this <br />was done without a lot of specific information and there were <br />some details that needed to be filled in, such as investments in <br />the construction fund, etc., all of which details have been <br />worked out with the underwriters. The second resolution, 87-144, <br />awards the notes to the underwriters and authorizes the execution <br />of the note purchase agreement. Mr. Sieck confirmed that the <br />terms of the issue are 6-3/8o interest and $9,124,100 will be the <br />purchase price of the notes plus accrued interest from December <br />1st. <br />ON MOTION by Commissioner Eggert, SECONDED by Com- <br />missioner Bowman, the Board unanimously adopted <br />Resolution 87-143 and Resolution 87-144 authorizing <br />the issuance of 9.2 million Water 6 Sewer Revenue <br />Bonds and awarding same as described above. <br />83 <br />D E C 8 1987 BOOK 70 <br />