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LL, •Renee 19OU Son"• shall wenalta Indian River County, Florida
<br />Bost aha Siwe R.retres orale. $.Cie. 1993X, herein authorised to be Issued
<br />trsauid[t.
<br />Nr, •Ste.* 19938 gable• shell an the Indian River County, Florida
<br />Vater and Emr Rees_ Saha. $art.. 19935, h..at. authortaII to be lseu.d
<br />hanad.,.
<br />SSF.•6sxl.. 1943 a"tworenca Policy ana71 ww
<br />an the nicipa7 both use
<br />las loou..L "Hey Iwwd by the Sort*. 199) Bond Iruurei dusrant.. Sn6 the
<br />Vale- of prl-lpal of aha Interest on the sls. 1993 Bonds.
<br />W.I N ari., 1993ko
<br />stt" Troar..• 11,411 w n yi--(. Gotoltu"..eEasefullyEasefully.. s • ..many, .any so..... r there
<br />yt. •8*,s 1491 P,.Joe, shall wan the Sell.. 1991 ft -j-, as defiled
<br />In Re.olutlon Ne. 91.01 of the County, as .hooded and aup,ls. rl.d.
<br />tj0. 'Seri.. 1993 Ptojaci.• .bell wan (e) the-lon[lan of the South
<br />Counry Rsearee Oshoa1. Vater Tran.. fusion Plant to provide approaise,e)y 1.5
<br />[gluon additional g4l000 par daV (b) the eannnctlon of . 3 .fill.. gallon
<br />utter otor,&, took sod Nigh Rervtee runs Station at the North Rost" several
<br />Oosee IVater Traooal nlon Plant; (C) the addition of the Rowland aleeawd
<br />..rage tank; (d) the Ca.tncCle� of the M... 1t Yater Nal. Cal... /en P.Ject;
<br />(a) the -1-at
<br />iha Plus. III Votes M.1. fate.ton Yroj.ct; {f) Cha
<br />emslw of [ha West Regten Y........ ....fail" Pleat to provide
<br />app fwlely 2 still.. addltlovl {elle. Par day; ell (E) the cons tru.tlon o[
<br />w effluent .-.at.. fate. -In betels. the .at aha ".reel Region. to provide
<br />a kI101owb ...-.at ftov.
<br />U. •saiw 3969 Spat.t Mi..aw. Rav*twee• shall ....If Ra .loo and
<br />Supplesen.i sanma., a. "flood in Resolution No. 89.54 of the County, as
<br />awtded sod auppisn.d, eolleer.d by the Denney .fear . "t, to be specified
<br />by .uha.gwnt _aolution of the speed.
<br />67. •Oasis* 1990 Spatial M.e..wnt ls..ns• shall wan all R..enose,
<br />w
<br />M. In Re*oluC.n ff.. 90.40 al the County, al sn"d hod supplaw.ed,
<br />celle.tod by the County after a data to be epectfta by .ubngwnc *ao)utten of
<br />the bard.
<br />It. 'I 1.. 1991 savanw.• shalt -an all *wtpt. end rs..mal i...food
<br />by it. county fro. rho operation of the Sautes 1991 Prolat old the North Beach
<br />Vater S..herd.., u defl.d !n R ... Fort— Mo. 91-81 of the County, .. sauteed
<br />and eupplawn.a.
<br />YU, •Serle 1993 Special A .... awnt Revames• .lull .sen the sV,,t.t
<br />aswrsn. oral or lureafur I..Isd by the County in .....Llan vleh the So"..1993 rrojest. ate th. Lot . re ... . . pay -.'
<br />charges aha yes-ixta. received by the
<br />'ty to sleddedle, thsravlth.
<br />W. •Sp,,"l Ms..ants• zboll w n tha t+.., charges and e
<br />lafell, was Rod by she County egaimt properties benefitted by co uCtlon or
<br />[rco.truccien I stew, or rater facilities ate [ipr..encing an appor iom,.r
<br />of the cwto of such lop -sunt. to such pimexciea.
<br />0210 4. RESOLUTION m CONSTITUTE UNNRACT. In cont lde,etlon of the
<br />ac.pt.rcs It
<br />the Moods by the M$ssd Udders thereof uho shall hold the sew
<br />Irw =to tialdaa
<br />, this Resolution, shall be ed to be aha .
<br />shall nut trues
<br />E .tusen the County and such W-cov
<br />Registered Curer The enen • to
<br />...amts at forth herein ea be p..fo*.. by the County shell be for he equal
<br />be_"" pent"ejon aha security of the so'tat.red -I. o£ the Be... 111 of
<br />vhtch .tet fish be or equal [ink end vtthouc presence, priority a
<br />dietl.tlon ulth rasps.t to sly other bon", except as expressly prevtded In this
<br />Resolution and In the .Ms•
<br />BCCTto 5. AUTHORIZATION To MIR[ THE RETISED BONDS. The rar(reoent of
<br />all of the outsurdtng Sarre. 1966 Ennui. 1. hereby wchorhad. The $elle. 1986
<br />hold. shall be rallied upon the .awn. at the ger le. Feel Monde at the price
<br />It per, pill accrued Interest to the lath..." dots.
<br />Thos rottre, n of alt of th. outatandtng Series 1986A bores is hereby
<br />utha111ad. The Sarlee MSA land. .1011 be retired upon the if-- It t.
<br />Y..les 1993 hands at the pries or par, plus a ..... d Interest to the retiraent
<br />hats.
<br />The otirsnt of all of the outstanding Merl.. 1989 honda 11 hereby
<br />autbori..d. This ser.. 1969 Bonds ...ring baro.. Hoy 1, 1999 shall be rest rid
<br />at-tu[ity et .* "I
<br />Il of p.., pjDo Zed Interest to the w.rtty do- The
<br />Rees 19$9 .lade-tvrin6 on or .[tee May 1. 1999 shall be retired an May I.
<br />1446. chs ..11eet optional [e"mtlan "te, K the "It. o1 £01.54 of par, p1..
<br />wcsd l.ts*al to the wdaopcian "tete
<br />Th. [alresent of all of the outicaMi,, .ries 1991 .Ids Is h..eby
<br />wthoel.d. Thu ReVisa 1991 RIME-tuxlnE b..M Roy t 1, 2002 shalt be rat lead
<br />at hu a lty 1 she p,I.. of par, plus ...road interest a the oaturltY date. Us
<br />harle. 1991 .Ma _turing on o[ after Hey /, 2002 shall be ratl.d on May 1,
<br />2001, the .arli..t opito.l redeeption dere, .t the price of 1021 of par, piw
<br />a.rwd interest to the a""tion "to.
<br />The *ti. -ret of .11 of the vatesaMlnE Seri.. 1989 Spaotal ...... .I
<br />Sorts is hereby athori ed. The $ails* 1989 Spacial Aesestwnt lords subJ... to
<br />sendat*" "mtien on Mtube, 1. 1943 shall be *tired on .,.be, 1. 1991 at
<br />the Price of for,
<br />plus seesd lo.'*" to the ."let{ - da.. The other Serr.e
<br />1969 $p.clai Mo...- send hall be rat/.d on Mtobar 1. 1994, the .1111 ret
<br />lesional *"lesion data, at the pries or 1019 of pot, plus le.rwd 1..lest to
<br />Cha rte" to. "t..
<br />Tip Isairswnt of all or the -se"ing Rata 1990 spatial sessw.
<br />fiends I. M..by *,tho[t*,d, t1,. f..l.. 1490 SPacl.l M....-nc hoM...turing
<br />be far. Jos» le 1906 .hail be retired at wturity et tha Pete. of per. plus
<br />[rad interest to Cha-tu[1,;"ts. U.
<br />/..l.. 4990 9Pe.la1 A*,aaaaane sore"
<br />on alta Ju- 1, 1996 shall be retired an June 1, 1995, the aarifeae
<br />ape.wl .."eptlon data, at tM pries of par. plus ..c[wd to*rat to the
<br />.demttnet "to.
<br />Ths Cnaty .hailyrovide Cor . ..tits.( or the settled Be"* by: (a)
<br />tssf..Ang to tete Reere. AEent. to be lard by sub.equant r...fu[ton of the
<br />baa, fres the earioua clout,, fuM* .r 11, Retired 1*11 the wounr. the In
<br />sllseable to Retired lord*; (b) traeferr3ng to the Caere. A,.., fres the
<br />various ..sere. accounts tar the Rat ad Strafe -to, if any, to be epec{(tsd
<br />W, •S.'elurg..• shall a an sp.Cisl r.., Lsas sod c1,arge. fe[ v t
<br />the Delta telae Inl didittal t the .."I
<br />l ife 4 rar.taM'[dl rear# "-It.
<br />para end [barge. of the County. wos un • ausr aero rat r
<br />XX. •Syotsshall hoa n the racer aha serer Y'resel
<br />ha
<br />.onod aep sand
<br />by the County tee of All, 11
<br />I, 1993, uh....es located 1, the (fndWIDA
<br />.(thou, Ilol.tlon the Sell.. 1991 Prejeet). .$other uleh any .M all
<br />topr-ahbu., ..r... see and eOdLlt-. th..aeo aha»a[te[.en ,-I.d or required
<br />end any phgaice5lY lMapw"n[ eats[ or .sear eye... .... free .... •pert of
<br />the Systae by r solutionof the Based to6•1ha vlah .nY and all tmeoea...to.
<br />..taoslona aha addltl,I. thseeco thereafter < ted o %%%1r,d. Will-
<br />intznding to Ilett Cha g+ ....
<br />itty oL Cha fe*got,, a •Sy.'s. shall
<br />Include all property, ..1• p,*ensl and .lead, rlghta,rcpov Ilca.es,
<br />lets. rights of ray p[!vlleg+s, f,-Cbt.ea and ell, ether , pe party o
<br />lntala.ts 1n prmrity o[ xnataevn oat..' f-1MSn6 but not Melted t
<br />whit le s, rolling stock, bulldings, pipe•, pulp., wchlne I.inks, saint,
<br />ondults, -tan end .,be, equfpesnt, wad a useful In c tette vlth
<br />teh/p. ululation aha Warn[.. -a of each osier or neer .yate.. by the
<br />Ca nty.
<br />W. •Ian Ronde• aboll wan the hard. or • arta. all of vhieb are stand
<br />In
<br />us Out. hot uhlch shall be subject to earlier rte ct.awns by
<br />operation ofthe Rand Aw[clterion Aece,ut.
<br />22. -Unit Intfia......hell sea. di rare into aha .avenue. o[ Cha County
<br />derived fro. the Iepostt ion, cel lvicelon end 40ferce101t of uIifoM v end
<br />.feerte a, fees end chard*, for the use of aha the a Ito. funithad
<br />or e be Funlah.. by [h. heti tri*, a .[fettle' the $Yale.. tnciuM., the
<br />rningl end Incest Inco.. darlr.d hoe the tnvsawwc e[ eonly on deposit In
<br />the varlou+ funds and u
<br />s ated In c .clan with the Syria,. but
<br />gg"i,ddI. Surcharges, [alaetI.... Sperful as.aaent.. Fn hta Pen and pee.
<br />In It.. of French.[ yea..
<br />Verde .porting et.gtier ours. shalt !-lws the plural nwber and vice
<br />end vord* Iepow lad De nom shall Include tt n. and c-poretlons or oIlu,
<br />a n[!t fete aha vlee ver...
<br />SECTION 3. FINDINGS. It h hereby ....twined, data mie.d and declared
<br />that:
<br />A. It is ..I .... ry, da/obis and In the best Interest of the County to
<br />tetra the Retired $ands.
<br />61 it t. -...eery, da.[rabte and In the bete tn.reat of the flaunty to
<br />....its, wn.I t, furnish end equip the Sari.. 1993 ".J.r.;
<br />G. Ic la nr.., dairabl. and in the bast lot .... r of the County 10
<br />e
<br />fl. Ibe na..ryary t hits the Retired Ronda and to finance r [e In
<br />slla eonnaaelonvith the 6er1„ 1997 1,.J..ts by the .aura of the $.ties
<br />1943 bond..
<br />D. The Bonds shell be payable solely pros the Pledged Nod,.
<br />E. it to tspotted that the Pledged Fund. .111 be seffirieur to pay the
<br />9,1 ncip.) of, proof., If any, and interest on the hold..
<br />bysubsequent r*,Cha board; olutto. of oa; (.) ",.stun$ vtrh the ys<rav Aga . an
<br />unI boo the p,....do oC the ..I.of ane Sol,.. 1993 held a to be spetlflad by
<br />�ubuaquart resolution o[ the hoard; sod (d) depalt lag -h he Eecrov Agent .n
<br />if a'Y- Ern other fundi of the County . be opacified by subsaqu ut
<br />�otutt on of the board, which .. In the egVe .r., together .$In the
<br />Interest to be earned that,,., ohm IWN.I.d .o provtded In the Etcrov Agreesent
<br />hezai.ftax u ntiansd, _11 be seiftct " so yrosid, for only att.wm of
<br />the Seting honda. Tub County abali e e into an Ezccov Agrees- vith the
<br />gacrov Abe or substantially In the fora tobeapproved by sobs q.,tt r 1.1u[ton
<br />of the hoard provtdiug [or [he ratirwent of the Ratirad bon". Tho as
<br />transferred to the .crov Agent froIs, seen of the various .inktn$ fund, and
<br />unto :hell b, tad only for the purpose of paying the Int tart e
<br />the prluclpal n[ end the praulun. If ,lay, uhkh [1.t be,... due on the Retired
<br />.rdo to vht,h aid strain$ fund, and rea+rva steounw -late and ter nay he ante
<br />:pe,tftc.ny .p.eu.d by the Cowry -
<br />SM M b. AMPIRtZATION of ME SERIES 1991 PROJECTS. no a Wteiti.n,
<br />uc tion, funlahlna and eq,lppir, of the Sarlee 1993 Prof.— l: hereby
<br />authorized In sIe lore vIth plan, and spiel f lest(ons on (LIa a o be plead
<br />In
<br />[Us with the County, I -Ill.. four sins . It.. se fleeced -...ary or
<br />d..trebis by the County.
<br />SECTION 1. ROMORFUTION 00 DISCRtPT1. .1 SUV.S 1993 6DNo5. Subj.et
<br />,red puraua. to [heprovl.ten. o[ ih. Reeolutlon, obll gaelans of the County C
<br />I
<br />e knom as 'Vara, and "ver Eevanus elude, Sart.. 19".•, ale hereby suthortxed
<br />t. be ...... in Cha aggregate Pritwtpal sunt of fro aedtng
<br />and obll,.t Ions of the County to be kaon, a •Va[er and Saver Revenue Bond.,
<br />Se [I se 111-, • e hereby *whorl "ad to be iwued in the agyre$ata Prl.et,ul
<br />t of Cwt exr*,dtng 9 - Th.
<br />Sarias 1993 Ronda 41,.11 be dattd
<br />auof a date la be fired by rub .queut r anlutlon of [he County and esy bs
<br />._.,ad co etivsly fn. R-1 p rd o, In tech .,her a agresd upon
<br />batueen the County aha the $.W Rselatrer. no derr.s 1991 .Ms shall be t..ted
<br />in urn danoei nor loll, s1,ei1 bser intsw.l , uch r aedtng
<br />char aexleuv re author t ted by applies 1. leu, be payable a .„ehnt(..e� •hall
<br />uch["tsa a[ui in such yea std to nth a ahait be wbjv.t to
<br />redamt5 an� in vhtie It, . vert, prior t theft .wi.yecttea a e dawn of
<br />tray. the eptlon 1 the C.ur,ty a .,1,v rrl es, a ouch er.e at and in .ueh
<br />a. kn.tt have such o,l.ar t and eondt"lle all a nay be da.xelnad
<br />by ..b.equent x... i.t ion If the e. d advgted at or prior I. It. seta ti rho
<br />S..las 1.1 Danlos
<br />The Sestsa 1991 1... hall be Issued to fully n8.wred foto vtthmt
<br />o.....; shalt be payable vI,h ......t to p,lnclp.l a n,porsta [rest of Flee
<br />.f thtPeyln$ Agent; .hall b. payable in la,tet eoney of the united Star.. of
<br />Aart,o; aha hall bear tntatat Iran their dor.. syaUt. by check, acted to the
<br />Re$h ..d [Mur. at that, -........ eney ;p .... on .he re6w.retlan book.
<br />kept by the Vend sa/l et tar an behalf or Cha County. At the eptlon ai any
<br />easier ... o .Mur of T1,000,000 or oua in "t-ipal s at the Sort.. 19"
<br />.red., For....I shalt be Pay.bl. by dsett. vLt. tlanater puwwnt in .rit.I
<br />l .... uaelo. fes. such Negler.red Uma,; prev4d.d the, ouch W.t,.ctlona ora .n
<br />til, vlth the Vying Asset not later in,, the applieobl, Record Dasa.
<br />H,t,Ith,tandtng soy other p.vlalon, of thisRseolus tare, the Board say. es
<br />It. spoon, prior to be dote et li.u•-a of any ss of Bonds aid *vbje.t
<br />the gP.va1 of she Purthaaai. of .ah and ..left to u. an te.biltatlon
<br />
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