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DEC <br />C <br />BOOK 70 PA,F 331 <br />RESOLUTION 87- 143 <br />A RESOLUTION AMENDING RESOLUTION 86-36 OF <br />INDIAN RIVER COUNTY, FLORIDA, ENTITLED: <br />"A RESOLUTION AUTHORIZING THE ISSUANCE OF NOT <br />EXCEEDING $9,200,000 WATER AND SEWER REVENUE <br />BONDS, SERIES 1986, ANTICIPATION NOTES OF <br />INDIAN RIVER COUNTY, FLORIDA; PROVIDING FOR <br />THE PAYMENT THEREOF AND THE SECURITY THEREFOR; <br />PROVIDING FOR THE RIGHTS OF THE HOLDERS OF SUCH <br />NOTES; MAKING CERTAIN COVENANTS AND AGREEMENTS <br />IN CONNECTION THEREWITH; PROVIDING FOR RELATED <br />MATTERS; AND PROVIDING AN EFFECTIVE DATE", <br />BY MODIFYING CERTAIN REDEMPTION PROVISIONS <br />APPLICABLE TO THE SERIES 1986 NOTES, AND • <br />SUPPLEMENTING SAID RESOLUTION_ BY ESTABLISHING <br />CERTAIN PROVISIONS REGARDING THE APPLICATION OF <br />THE PROCEEDS OF THE SERIES 1986 NOTES, THE <br />APPLICATION OF THE CONSTRUCTION FUND WITH <br />RESPECT TO THE SERIES 1986 NOTES, AND THE <br />SATISFACTION, BY THE COUNTY, OF•CERTAIN <br />REQUIREMENTS CONTAINED IN THE ORIGINAL <br />RESOLUTION AND THE LOAN COMMITMENT; AND <br />PROVIDING AN EFFECTIVE DATE. <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA THAT: <br />SECTION 1. Authority for Resolution_. This Resolution <br />is adopted pursuant to the provisions of Chapter 125 and Section <br />215.431, Florida Statutes (1985), as amended; and other applicable <br />provisions of law. <br />RESOLUTION NO. 87 - 144 <br />A RESOLUTION AUTHORIZING THE EXECUTION AND DELIVERY OF A NOTE <br />PURCHASE AGREEMENT FOR THE SALE AND AWARD OF $9,200,000 <br />AGGREGATE PRINCIPAL AMOUNT OF WATER AND SEWER REVENUE BONDS, <br />SERIES 1986, ANTICIPATION NOTES OF INDIAN RIVER COUNTY, <br />FLORIDA, AT PRIVATE SALE BY NEGOTIATION TO THE PURCHASERS <br />THEREOF; AUTHORIZING AND APPROVING CERTAIN TERMS OF SAID <br />NOTES; RATIFYING THE DISTRIBUTION OF A PRELIMINARY OFFICIAL <br />STATEMENT; AUTHORIZING THE EXECUTION AND DISTRIBUTION OF AN <br />OFFICIAL STATEMENT IN CONNECTION WITH THE MARKETING OF SUCH <br />NOTES; AUTHORIZING OTHER APPROPRIATE AND NECESSARY ACTIONS IN <br />CONNECTION WITH THE DELIVERY OF SUCH NOTES; APPOINTING A <br />PAYING AGENT AND REGISTRAR FOR SUCH NOTES; AND SPECIFYING AN <br />EFFECTIVE DATE HEREOF. <br />WHEREAS, the Board of. County Commissioners of Indian River County, <br />Florida (the "Board" and the "County", respectively), by Resolution No. 86-36, <br />duly adopted on June 18, 1986, as amended and supplemented (the "Note <br />SAID RESOLUTIONS ARE ON FILE IN THE OFFICE OF CLERK TO THE BOARD <br />IN THEIR ENTIRETY. <br />84 <br />