My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
2016-049
CBCC
>
Resolutions
>
2010's
>
2016
>
2016-049
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/16/2018 4:20:40 PM
Creation date
6/8/2016 2:52:12 PM
Metadata
Fields
Template:
Resolutions
Resolution Number
2016-049
Approved Date
06/07/2016
Agenda Item Number
13.A.
Resolution Type
Amendment
Interlocal Agreement
Entity Name
Palm Beach County Health Facilities Authority
Subject
Fourth Amendment to Retirement Communities Revenue Bonds
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
9
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Exhibit B <br />Fourth Amendment to Interlocal Agreement <br />FOURTH AMENDMENT <br />TO THE INTERLOCAL AGREEMENT <br />BETWEEN THE PALM BEACH COUNTY <br />HEALTH FACILITIES AUTHORITY AND INDIAN RIVER COUNTY <br />WHEREAS, the Palm Beach County Health Facilities Authority (the "Authority") is a <br />public body corporate, organized and existing under and by virtue of Chapter 154, Part III, <br />Florida Statutes, and is a properly constituted Health Facilities Authority and a "public agency" <br />and a "local agency" under Chapter 159, Part Il, Florida Statutes; and <br />WHEREAS, Indian River County (the "County") is a political subdivision of the State of <br />Florida and a "public agency" and a "local agency" under Chapter 159, Part II, Florida Statutes; <br />and <br />WHEREAS, the Authority and the County have heretofore entered into an Interlocal <br />Agreement finally executed on November 27, 1996, as previously amended by (i) a First <br />Amendment to the Interlocal Agreement executed by the County on November 24, 1998 and by <br />the Authority on December 14, 1998, (ii) a Second Amendment to the Interlocal Agreement <br />executed by the County and the Authority as of December 6, 2006, and (iii) a Third Amendment <br />to the Interlocal Agreement executed by the County on October 19, 2010, and by the Authority <br />on November 3, 2010 (collectively, the "Interlocal Agreement"); and <br />WHEREAS, the Authority is considering the additional financing, through the issuance <br />of its revenue bonds (the "Bonds") pursuant to Chapter 159, Part II, Florida Statutes, of a project <br />consisting of the financing or refinancing of costs of improvements and additions to five (5) <br />health care facilities, three (3) of which are in the jurisdiction of the Authority and two (2) of <br />which are in the jurisdiction of the County, and all of which are owned and operated by ACTS <br />Retirement -Life Communities, Inc. ("ACTS"), a not-for-profit corporation determined to be tax- <br />exempt under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, and duly <br />licensed by the Florida Department of Insurance pursuant to Chapter 651, Florida Statutes; and <br />WHEREAS, it is deemed desirable by both the Authority and County that the Authority <br />and the County enter into this Fourth Amendment to the Interlocal Agreement (this <br />"Amendment") in order to assist ACTS by financing the said project constituting "health care <br />facilities" under Chapter 159.27(16) of the Florida Statutes; and <br />WHEREAS, the Authority and ACTS have determined that the provision of funds by the <br />Authority to ACTS will assist in the maintenance of the public health of the residents of the <br />County and shall serve a public purpose by improving the health and living conditions and <br />providing adequate medical care and health care facilities therein and will promote the most <br />efficient and economical maintenance of health care facilities in a manner and pursuant to forms <br />of governmental organization that will accord best with the geographic, economic, and <br />population characteristics which influence the health care needs of Palm Beach County of the <br />State of Florida ("Palm Beach County") and the County and the inhabitants thereof, and <br />
The URL can be used to link to this page
Your browser does not support the video tag.