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27. 88- 5 5 <br />SAB, Isxdi.an River Oo mt, Florida ( the "County") , heretofore <br />adopted a Resolution- on August Z, 1988, zml.ating to Frofold, Tm. (the <br />"Corporation"), wherbby the Canty authorized the iommme of .-its ravemm <br />bands for the purpond of payirq the oast of acquisition, a m atmction and <br />equipping of the corporation's proposed facility oonaisting of certain <br />land, buildings, structures and equigmt to be umd as a manufacturing <br />facility (the "Project") which shall b3 located in Indian River Wunty, <br />irlorida t and <br />MMMS, the County is a:_ rhorized to im mr industrial <br />devalopn>erwwme bonds to finer= the project pursuant to the <br />provisions of the Florida industrial DMI >p mt Financing Art, Pout II of <br />Chapter 159, Florida Statutes, as amended; and <br />MMM,, in . order to satisfy the requirement of Station 147 (f ) <br />of the niternal RwmnxkeCode of 1986, as a mxkd, the Chanty held a public <br />hearing on the pr pow d issuance of $973, 000 industrial develeptnent <br />revenue bonds to finance the Project (the "Bores") on the date of adq*ian <br />hereof, move than 14::days following the first publication of notice of <br />such public hearing in a newspaper of Genial cirdilation in Indian River <br />Cmby, Florida (a true and aoaneate copy of the publication of notice is <br />attached hereto as Edlibit "A")► which public haering was conducted it a <br />manner that provided a z+easonable opportunity for persons with differing <br />views to be heard on both the issuance of the Bw4s and the location and <br />nature of the Proj®ctt and <br />WHMWM, the Hoard of Cmm -y C mmi.ssioners of Indian River <br />G=Aty, Florida, is the elected legislative body of the Qmntyt <br />"l THEREFM, BE IT MMM RESOLVED, by the Board of County <br />Cemissioners of Indian River County, Florida, that the issuance of the <br />Bm-4 is hereby approved in oepliance with the requirea m t s of Section <br />147(f) of the Internal Pavenue Coda of 1986, AS amended. The Clerk in <br />authorized to mala such applications to the Stats of Florida, Departrmt <br />of General Services, Division of Bond Firwnce, as may be necessary to <br />enable the county to issue the Bonds. <br />AWPM this 6th day of Sq er, 1988. <br />Bow of coIJNay C1CHMISSIC <br />of INDIAN RIM OCxm, nORMA <br />L_ <br />78 <br />By:- 44:t� <br />Don C. Scurlock, Jr., sfiiRi <br />