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BOOK 93 f' (,� 935 <br />ON MOTION by Commissioner Bird, SECONDED by <br />Commissioner Adams, the Board unanimously (4- <br />0, Commissioner Eggert absent) approved the <br />Assumption of Special Assessment Lien, as <br />recommended by staff. <br />COPY OF ASSUMPTION OF SPECIAL ASSESSMENT LIEN <br />IS ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />I Bank of New York Named Successor Trustee of Profold Industrial <br />Development Revenue Bond, Ser. 1989 <br />The Board reviewed the following memo dated December 2, 1994: <br />TO: Board of County CCo�mmiissioners <br />FROM: Lea R. Keller, CLA, County Attorney's Office <br />TBRU: Charles P. Vitunac, County Attorney <br />DATE: December 2, 1994 <br />RE: Bank Change on Profold Industrial Development Revenue Bond <br />In 1989 the County and Barnett Bank were involved in issuing some industrial <br />development revenue bonds to a local company, Profold, Inc. Since that time <br />the Corporate Trust Division of Barnett Banks Trust Company was sold to The <br />Bank of New York. <br />The Bank of New York has prepared an agreement for all parties to sign which <br />formalizes the transaction by accepting the resignation of Barnett Bank and <br />the appointment of the new trustee, The Bank of New York. Attached is a <br />resolution approving and authorizing the County to sign the agreement. <br />Requested Action: Board approve the Chairman's execution of the attached <br />Resolution and Agreement of Resignation, Appointment and Acceptance. <br />14 <br />December 13, 1994 <br />