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INDIAN RIVER COUNTY, FLORIDA <br />RESOLUTION NO. 91 -LU <br />A RESOLUTION AMENDING AND SUPPLEMENTING RESOLUTION NO. <br />91-81 AND RESOLUTION NO. 89-19, AS AMENDED AND <br />SUPPLEMENTED, OF INDIAN RIVER COUNTY, FLORIDA, TO <br />FURTHER PROVIDE FOR THE TERMS AND CONDITIONS UPON WHICH <br />THIS COUNTY MAY ISSUE WATER AND SEWER REVENUE BONDS AND <br />PROVIDE FOR THE PAYMENT AND SECURITY THEREOF. <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER <br />COUNTY, FLORIDA: <br />SECTION 1. Authority for Resolution. This resolution amending and <br />supplementing Resolution No. 91-81 and Resolution No. 89-19,, as amended and <br />supplemented, of the County is adopted pursuant to Chapter 125, Florida Statutes <br />(1990), as amended, and other applicable provisions of law. <br />SECTION 2. Findings. It is hereby ascertained, determined and <br />declared that: <br />INDIAN RIVER COUNTY, FLORIDA <br />RESOLUTION NO. 91 - 151 <br />A RESOLUTION AUTHORIZING THE EXECUTION AND DELIVERY OF <br />A BOND PURCHASE AGREEMENT FOR THE SALE AND AWARD OF <br />$9,205,000 AGGREGATE PRINCIPAL AMOUNT OF WATER AND SEWER <br />REVENUE BONDS, SERIES 1991, OF INDIAN RIVER COUNTY, <br />FLORIDA, AT PRIVATE SALE BY NEGOTIATION, TO THE <br />PURCHASERS THEREOF; AUTHORIZING AND APPROVING CERTAIN <br />TERMS _OF SAID BONDS; RATIFYING THE DISTRIBUTION OF A <br />PRELIMINARY OFFICIAL STATEMENT, AUTHORIZING THE <br />EXECUTION AND DISTRIBUTION OF AN OFFICIAL STATEMENT IN <br />CONNECTION WITH THE MARKETING OF SAID BONDS; AUTHORIZING <br />OTHER APPROPRIATE AND NECESSARY ACTIONS IN CONNECTION <br />WITH THE ISSUANCE AND DELIVERY OF SAID BONDS; APPOINTING <br />A PAYING AGENT AND BOND REGISTRAR FOR SAID BONDS; AND <br />SPECIFYING AN 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. 91-81, <br />duly adopted on July 23, 1991, heretofore authorized the issuance of Water and <br />Sewer'Revenue Bonds, Series 1991, of the County in an. aggregate principal amount <br />not to exceed $11,175,000 (the "Bonds"); and <br />RESOLUTIONS 91-150 AND 91-151 ARE ON FILE IN THE OFFICE OF CLERK <br />TO THE BOARD IN THEIR ENTIRETY. <br />63 <br />P *2 4 1991 <br />