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Execution Copy <br />RESOLUTION NO. 2019- <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA AUTHORIZING THE <br />REDEMPTION OF ITS INDIAN RIVER COUNTY, FLORIDA WATER <br />AND SEWER REVENUE REFUNDING BONDS, SERIES 2009; <br />AUTHORIZING A REDEMPTION NOTICE, NOTICE TO REDEEM <br />AND CERTAIN OTHER DOCUMENTATION; AND PROVIDING FOR <br />REPEAL OF INCONSISTENT PROVISIONS, SEVERABILITY AND AN <br />EFFECTIVE DATE. <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA, that: <br />SECTION 1. AUTHORITY FOR THIS RESOLUTION. This resolution is adopted <br />pursuant to the provisions of Section 125.01, et seq., Florida Statutes, and other applicable <br />provisions of law. <br />SECTION 2. FINDINGS. It is hereby ascertained, determined and declared that: <br />A. Indian River County, Florida (the "County") has previously issued its Water and <br />Sewer Revenue Refunding Bonds, Series 2009 (the "Bonds"). <br />B. The County desires to redeem said Bonds from legally available funds of the <br />County. <br />SECTION 3. AUTHORIZATION OF REDEMPTION. The Bonds, as described in <br />the form of Notice of Redemption attached hereto as Exhibit A, are hereby authorized to be <br />redeemed by the County. The County hereby authorizes the Chairman to execute any notice to <br />redeem, continuing disclosure filing and other documentation in connection therewith, including <br />any depository or escrow agreement necessary to effectuate the redemption. <br />SECTION 4. REPEAL OF INCONSISTENT PROVISIONS. All resolutions or <br />parts thereof in conflict with this Resolution are hereby repealed to the extent of such conflict. <br />SECTION 5. SEVERABILITY. In the event that any portion or section of this <br />Resolution is determined to be invalid, illegal or unconstitutional by a court of competent <br />jurisdiction, such decision shall in no manner affect the remaining portions or sections of this <br />Resolution, which shall remain in full force and effect. <br />SECTION 6. EFFECTIVE DATE. This Resolution shall take effect immediately <br />upon its final passage and adoption. <br />1 <br />150 <br />