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1995-102
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1995-102
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Last modified
3/28/2019 2:32:22 PM
Creation date
2/27/2019 11:29:48 AM
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Resolutions
Resolution Number
1995-102
Approved Date
09/12/1995
Resolution Type
Utilities
Entity Name
City of Sebastian
Subject
Water and Sewer System from Sebastian to County
Area
Interlocal Agreement
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extent, if any, to which any change, modification, addition or <br />elimination affects the rights of the holders of the Defeased Bonds <br />or that any instrument executed hereunder complies with the <br />conditions and provisions of this Section. Prior written notice of <br />such amendments, together with proposed copies of such amendments <br />shall be provided to Moody's Investors Service, Inc., Public <br />Finance Rating Desk/Refunded Bonds, 99 Church Street, New York, New <br />York 10007. <br />SECTION 15. Notices_. Any notice, authorization, request or <br />demand required or permitted to be given in accordance with the <br />terms of this Agreement shall be in writing and sent by registered <br />or certified mail addressed to: <br />[ESCROW HOLDER] <br />City of Sebastian, Florida <br />1225 Main Street <br />Sebastian, Florida 32958 <br />Attention: <br />Indian River County, Florida <br />1840 25th Street <br />Vero Beach, Florida 32960 <br />Attention: <br />Section 16. Counterparts. This Agreement may be executed in <br />several counterparts, all or any of which shall be regarded for all <br />purposes as duplicate originals and shall constitute and be but one <br />and the same instrument. <br />Section 17. Governinq Law. This Agreement shall be construed <br />under the laws of the State of Florida. <br />Section 18. Security. for Accounts and Funds. All accounts <br />and funds maintained or held pursuant to this Agreement shall be <br />continuously secured in the same manner as other deposits of <br />municipal funds are required to be secured by the laws of Florida. <br />Section 19. Notice of Defeasance. The Escrow Holder agrees to <br />provide a copy of the notice of defeasance, in substantially the form <br />attached to the Redemption Re5oluti.on as Exhibit A, to Depository <br />Trust Company of New York, New York, and to one or more national <br />information services that disseminate notices of defeasance of <br />obligations such as the Defeased Bonds. <br />9 <br />
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