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1995-083
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1995-083
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Last modified
8/22/2018 12:16:53 PM
Creation date
8/22/2018 12:10:55 PM
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Resolutions
Resolution Number
1995-083
Approved Date
07/11/1995
Resolution Type
General Obligation Bonds
Entity Name
Indian River County
Subject
$15,000,000 Bond sale
Document Relationships
1995-063
(Agenda)
Path:
\Resolutions\1990'S\1995
1995-075
(Agenda)
Path:
\Resolutions\1990'S\1995
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filing on a timely basis; provided, the right of any such owner to <br />enforce the provisions of this undertaking shall be limited to a <br />right to obtain specific enforcement of the Issuer's obligations <br />hereunder, and any failure by the Issuer to comply with the <br />provisions of this undertaking shall not be default or an event of <br />default with respect to the Bonds. <br />F. Notwithstanding the foregoing, the NRMSIR's to which <br />information shall be provided shall include those NRMSIR's which <br />have been approved by the SEC prior to the date of issuance of the <br />Bonds. In the event the SEC approves any additional NRMSIR's after <br />the date of issuance of the Bonds, the Issuer shall, if the Issuer <br />is notified of such additional NRMSIR's, provide such information <br />to the additional NRMSIR's. Failure to provide information to any <br />new NRMSIR whose status as a NRMSIR is unknown to the Issuer shall <br />not constitute a breach of the foregoing covenant. <br />G. Additionally, the requirements of paragraph A above do <br />not necessitate the preparation of any separate annual report <br />addressing only the Bonds. These requirements may be met by the <br />filing of a combined bond report or the Issuer's Comprehensive <br />Annual Financial Report; provided, such report includes all of the <br />required information and is available by June 1. Additionally, the <br />Issuer may incorporate any information provided in any prior filing <br />with each NRMSIR or included in any final official statement of the <br />Issuer; provided, such final official statement is filed with the <br />MSRB. <br />H. The Issuer reserves the right to modify from time to time <br />the specific types of information provided or the format of the <br />presentation of such information, to the extent necessary or <br />appropriate in the judgment of the Issuer; provided, the Issuer <br />agrees that any such modification will be done in a manner <br />consistent with the Rule. <br />SECTION 8. The Chairman of the Board of County Commissioners, <br />the Director of Management and Budget, the County Administrator and <br />the County Attorney or any other appropriate officers of the Issuer <br />are hereby authorized and directed to execute any and all <br />certifications or other instruments or documents required by the <br />Resolution, Resolution No. 95-75, the Official Notice of Bond Sale <br />or any other document referred to above as a prerequisite or <br />precondition to the issuance of the Bonds and any representation <br />made therein shall be deemed to be made on behalf of the Issuer. <br />12 <br />
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