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ON MOTION by Commissioner Eggert, SECONDED by <br />Commissioner Bird, the Board unanimously, adopted Resolution <br />89-153, authorizing and providing for the incurrence of <br />indebtedness for the purpose of providing a portion of the <br />cost of acquiring, constructing, enlarging, improving, and/or <br />extending its combined water and sewer system facility to <br />serve an area lawfully within its jurisdiction to serve. <br />ON MOTION by Commissioner Eggert, SECONDED by <br />Commissioner Bird, the Board unanimously adopted <br />Resolution 89-154, amending and supplementing resolution <br />86-35 of Indian River County, Florida, entitled: <br />"Resolution No. 86-35 - a resolution providing for the <br />acquisition and construction of additions, extensions and <br />improvements to the combined water and sewer system of Indian <br />River County, Florida; authorizing the issuance by such <br />county of not exceeding $9,200,000 water and sewer Revenue <br />Bonds, Series 1986, to finance the cost thereof; pledging the <br />gross revenues of such system to secure payment of the <br />principal of and interest on such bonds; -providing for the. <br />rights of the holders of such bonds; making certain covenants <br />and agreements in connection therewith; providing for related <br />matters; and providing an effective date." <br />To include acquisition of the Bent Pine Sewer System and the <br />connection thereof to the combined water and sewer system of <br />this county as a part of the project to be financed and to <br />authorize the issuance thereunder of an additional series of <br />not exceeding $450,000 principal amount water and sewer <br />Revenue Bonds, Series 1986A in connection with the project. <br />49 <br />DEC 1 2 1989 <br />BOOK. 10 PAS <br />