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NAY 2 2Boor 80 PAGE ISI ON MOTION by Commissioner Scurlock, SECONDED by Com- missioner Wheeler, the Board unanimously adopted Resolution 90-68 awarding the $1,315,000 Special Assessment Revenue Bonds. INDIAN RIVER COUNTY, FLORIDA RESOLUTION NO. 90- 68 A RESOLUTION AWARDING AND SELLING NOT MORE THAN $1,315,000 MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF SPECIAL ASSESSMENT REVENUE BONDS, SERIES 1990, OF INDIAN RIVER COUNTY, FLORIDA, AT PRIVATE SALE BY NEGOTIATION, TO THE PURCHASER THEREOF; AUTHORIZING AND APPROVING CERTAIN TERMS OF SAID BONDS; PROVIDING FOR CERTAIN MATTERS RELATING TO THE BONDS; APPOINTING A PAYING AGENT AND BOND REGISTRAR FOR THE BONDS; RATIFYING THE DISTRIBUTION OF PRELIMINARY- OFFERING DOCUMENTS; AUTHORIZING THE EXECUTION AND DISTRIBUTION OF AN OFFICIAL STATEMENT IN CONNECTION WITH THE MARKETING OF THE BONDS; AUTHORIZING ALL OTHER NECESSARY, DESIRABLE AND/OR APPROPRIATE i ACTIONS IN CONNECTION WITH THE SALE, ISSUANCE AND DELIVERY OF THE BONDS; AND SPECIFYING THE EFFECTIVE DATE HEREOF. WHEREAS, the Board of County Commissioners of Indian River County, Florida (the "Board" and the "County", respectively), by Resolution No. 90-40, duly adopted on March 27, 1990, as amended (the "Bond Resolution"), heretofore authorized the issuance of Special Assessment Revenue Bonds, Series 1990, of the County in an aggregate principal amount not to exceed $1,315,000 (the "Bonds"); WHEREAS, the County deems it in its long term best interest that the Bonds be sold at this time at private sale by negotiation; WHEREAS, the County has provided prospective purchasers of the Bonds with a Preliminary Official Statement, dated May 18, 1990 (the "Preliminary Official Statement") and a Notice of Offering dated April 27, 1990, as amended and supplemented by an Addendum dated May 17, 1990 (together, 'the "Notice of Sale"); RESOLUTION 90-68 IS ON FILE IN THE OFFICE OF CLERK TO THE BOARD IN ITS ENTIRETY.