1991-080 - Laserfiche WebLink

Home Browse Search

EXHIBIT "D" Re: Indian River County, Florida Recreational Revenue Bonds, Series 1991 Tndian River County, Florida 1840 25th Street Vero Beach, Florida 32960 William R. Rough 6 Co. Suite 800 100 Second Avenue South St. Petersburg, Florida 33701 Ladies and Gentlemen; .1991 Rhoads & Sinon Suite 299 299 W. Camino Gardens Blvd. Boca Raton, Florida 33432 I have acted as counsel to Indian River County, Florida (the "County") in connection with the authorization. sale, issuance and delivery of the Recreational Revenue Bonds. Series 1991, dated as of August 1. 1991, in the aggregate principal amount of $ (the "Bonds"), of the County. The Bonds are being issued pursuant to ReS9lutLon No. Ai"7A df tho County, e, noel Hied and supplemented, including without limitation the amendments and supplements made by Resolution Nos. 91.70, 91•.. and 91- (collectively the "Resolution"). Capitalized terms used, but not otherwise defined, herein shall have the respective meanings ascribed to them in the Official Statement referred to herein. As counsel to the County, I have examined, among other things, certified copies of certain proceedings of the County with respect to the Bonds and other proofs submitted to me which are relevant to the authorization, sale. issuance and delivery of the Bonds; a certified copy of the Resolution; usual and required closing affidavits, certificates and documents. I have also participated in the preparation of the Preliminary Official Statement pertaining to the Bonds, dated July 17, 1991 and the final Official Statement dated �. 1991 (collectively the "Official Statement"). Based upon the foregoing, I em of the opinion that; 1. The County is a county duly organized and existing under the Constitution and laws of the State of Florida and is a subdivision thereof and has good right and lawful authority to own. manage end operate the Project, to establish and collect the Gross Revenues and to perforce all of its obligations under the Resolution.