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RESOLUTION NO. 2017- 71 <br /> A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN <br /> RIVER COUNTY, FLORIDA, DELEGATING THE AUTHORITY TO THE COUNTY <br /> ADMINISTRATOR OR HIS DESIGNEE, TO EXECUTE RESOLUTIONS CALLING <br /> LETTERS OF CREDIT AS NECESSARY DURING A DECLARED STATE OF <br /> LOCAL EMERGENCY OR DECLARED STATE OF FLORIDA EMERGENCY <br /> AFFECTING INDIAN RIVER COUNTY; RESCINDING RESOLUTION NO. 2016-121 <br /> EFFECTIVE DECEMBER 5, 2017; AND PROVIDING AN EFFECTIVE DATE. <br /> WHEREAS, Section 101.05.1.q of The Code of Indian River County allows the Board to <br /> authorize the County Administrator, or his designee, to perform other duties on behalf of the Board <br /> of County Commissioners; and <br /> WHEREAS, various letters of credit are posted with the County to, among other things, <br /> guaranty performance or warranty of improvements as well as compliance and restoration of sand <br /> mines, and many letters of credit have certain call language requiring a resolution of the Board of <br /> County Commissioners declaring default or failure to post alternate security; and <br /> WHEREAS, during a declared State of Local Emergency or declared State of Florida <br /> Emergency affecting Indian River County, it is very unlikely that the Board of County Commissioners <br /> would meet; and <br /> WHEREAS, it is necessary to delegate specific authority to execute resolutions on behalf of <br /> the Board of County Commissioners to call letters of credit which might expire or otherwise require <br /> action to be taken during the period of such declared emergency; and <br /> WHEREAS, it is necessary to delegate additional signing authority, not previously delegated <br /> by Florida Statutes, The Code of Indian River County, and Indian River County resolutions, to the <br /> County Administrator or his designee during the period of such declared emergency. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS <br /> OF INDIAN RIVER COUNTY, FLORIDA, that: <br /> 1. Resolution No. 2016-121 of the Indian River County Board of County Commissioners which <br /> speaks to delegation of authority to execute resolutions calling letters of credit as necessary <br /> during a declared State of Local Emergency or declared State of Florida Emergency <br /> affecting Indian River County is hereby rescinded in its entirety effective December 5, 2017. <br /> 2. The County Administrator, or his designee, is hereby delegated the authority to execute <br /> resolutions on behalf of the Board of County Commissioners to call letters of credit which <br /> might expire or otherwise require action to be taken during the period of a declared State of <br /> Local Emergency or declared State of Florida Emergency affecting Indian River County. <br /> Any resolutions executed by the County Administrator or his designee, to call letters of credit <br /> during any declared State of Local Emergency or State of Florida Emergency affecting <br /> Indian River County are to be accompanied by a copy of this Resolution. <br />