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1991-151
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1991-151
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Last modified
5/15/2017 3:01:02 PM
Creation date
5/15/2017 2:41:21 PM
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Resolutions
Resolution Number
1991-151
Approved Date
09/24/1991
Resolution Type
Utilities
Entity Name
Water and Sewer Revenue Bonds Series 1991
Subject
Bond Purchase Agreement
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respects as of the time of the Closing of your <br />representations and warranties contained herein and in <br />the Official Statement and the due performance or <br />satisfaction by you at or prior to such time of all <br />agreements then to be performed and all conditions then <br />to be satisfied by you. <br />If the Issuer shall be unable to satisfy the conditions to <br />the Underwriter's obligations contained in this Agreement or if <br />the Underwriter's obligations shall be terminated for any reason <br />permitted by this Agreement, this Agreement shall terminate and <br />neither the Underwriter nor the Issuer shall have any further <br />obligation hereunder, except that the check referred to in <br />Section 3 hereof shall immediately be returned to the Underwriter <br />by the Issuer and the respective obligations of the Issuer and <br />the Underwriter for payment of the expenses, as provided in <br />Section 8 hereof, shall continue in full force and effect. <br />section 8. <br />(a) The Issuer shall pay all expenses incident to the <br />performance of its obligations hereunder including, but not <br />limited to (i) the fees and disbursements of Bond Counsel; <br />(ii) the cost of the wire transfer of federal funds; (iii) <br />the cost of engraving and signing the Series 1991 Bonds; <br />(iv) the cost of the preparation, printing and distribution <br />of the Preliminary Official. Statement and the Official <br />Statement; (v) fees and disbursements of the Paying Agent; <br />(vi) the fees and other disbursements of the accounting <br />firms furnishing comfort letters pursuant to Section <br />7 (c) (vi) ; (vii) any and all premiums charged for the Policy; <br />and (viii) the fees and disbursements of any other counsel, <br />experts or consultants retained by the Issuer. <br />(b) The Underwriter shall pay (i) the cost of <br />preparation of Blue Sky Memoranda, if any; (ii) all <br />advertising expenses in connection with the public offering <br />of the Series 1991 Bonds; (iii) expenses in connection with <br />the assignment of CUSIP numbers; (iv) computer-related <br />charges; (v) the fees and disbursements of counsel retained <br />by the Underwriter and (vi) all other expenses incurred by <br />them or any of them in connection with their public offering <br />and distribution of the Serien 1991 Bonds. <br />section p. Any notice or other communication to be <br />to the Issuer under this Agreement may be given <br />Ygiven by delivering the <br />same in writing to the Indian River County, 1040 25th Street, <br />Vero Beach, Florida 32960, to the attention of Mr. James E. <br />Chandler, County Administrator, and such notice or other <br />communication to be given to the Underwriter may be given b <br />delivering the same in writing to Raymond ,Tames & Associates, <br />14 <br />
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