1993-081 - Laserfiche WebLink

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immediately preceding the applicable interest payment date, at the interest rates per annum set forth in the Bond Purchase Agreement (hereinafter defined), shall mature on September 1 of ttie years and in the principal amounts set forth in the Bond Purchase Agreement. The Bonds shall not be subject to optional or mandatory redemption prior to maturity. At the option of any Registered Owner of $1,000,000 or more in aggregate principal amount of Bonds on any Record Date, as defined in the Resolution, interest shall be payable by domestic wire transfer pursuant to written instructions from such Registered Owner; provided that such instructions are on file with the Paying Agent not later than such Record Date. SECTION 2. Due to the complexity of the refunding the Retired Bonds, to the critical timing involved in the sale of the Bonds and the refunding of the Retired Bonds and the willingness of the Purchaser to purchase the Bonds at prices and on terms favorable to the County, it is hereby found, ascertained, determined and declared by the Board that a negotiated sale of the Bonds is in the long term best interest of the County. SECTION 3. In compliance with Subsection 218.385, Florida Statutes, as amended, the Purchaser has provided to the County, prior to the adoption of this Resolution, a truth -in -bonding and disclosure statement containing the information required by said Subsection 218.385. Said truth -in -bonding and disclosure statement is attached to the Bond Purchase Agreement. SECTION 4. The Bonds are hereby awarded and sold to the Purchaser at a total price of $48,664,229.60 (the aggregate principal amount less original issue discount of $1,410,184.00 and underwriter's discount of $445,586.40) plus accrued interest from April 1, 1993 to the date of delivery thereof. The Purchase Contract dated April 13, 1993 by and between the Purchaser and the County, in the form attached hereto (the "Bond Purchase Agreement"), is hereby approved and E