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11/24/1992
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11/24/1992
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7/23/2015 12:03:34 PM
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6/16/2015 12:04:34 PM
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
11/24/1992
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M M <br />Bonds. Said amounts, together with the interest to be earned thereon when <br />invested as provided in the Escrow Agreement, shall be sufficient to provide for <br />the timely payment of the Series 1985 Bonds and the Series 1987 Bonds to be <br />retired in the manner and at the times provided in the Escrow Agreement. <br />SECTION 12. The County shall enter into an Escrow Agreement (the "Escrow <br />Agreement") with NationsBank of Florida, N.A., Fort Lauderdale, Florida (the <br />"Escrow Agent"), who is hereby appointed, under the terms and provisions of <br />which the Escrow Agent shall hold, invest and apply money deposited with the <br />Escrow Agent for the timely payment of the Series 1985 Bonds and the Series 1987 <br />Bonds to be retired in the manner and at the times provided in the Escrow <br />Agreement. <br />SECTION 13. The Escrow Agreement shall be in substantially in the form <br />attached hereto with such additions, deletions and changes as may be necessary <br />and/or desirable and approved by the Chairman or Vice Chairman of the Board prior <br />to the execution thereof, the necessity and/or desirability and approval of any <br />such additions, deletions and changes shall be conclusively presumed by the <br />execution thereof by the Chairman or Vice Chairman. <br />SECTION 14. The Chairman or Vice Chairman and the Clerk of the Board are <br />authorized and directed to execute and deliver the Escrow Agreement on behalf of <br />the County. <br />SECTION 15. The Chairman, the Vice Chairman and the Clerk of the Board <br />and the proper officers of the County are each hereby authorized to take all <br />other actions on behalf of the County as may be necessary, desirable and/or <br />appropriate in connection herewith and with the sale, issuance and delivery of <br />the Bonds and the retirement of the Series 1985 Bonds and Series 1987 Bonds to be <br />retired, including without limitation to execute and deliver any and all <br />documents and instruments on behalf of the County. <br />SECTION 16. <br />adoption. <br />This Resolution shall take effect immediately upon its <br />CIN <br />"v24 <br />��� BOOK 88 F•1�t 1 <br />
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