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1992-146
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1992-146
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Last modified
2/26/2021 12:28:09 PM
Creation date
10/20/2020 3:31:27 PM
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Resolutions
Resolution Number
1992-146
Approved Date
08/18/1992
Resolution Type
general obligation bonds
Subject
26,000,000 to finance the cost of acquiring environmentally significant land,
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i <br />RESOLUTION NO. 92-146 <br />SECTION 3. BOND REFERENDUM <br />A bond referendum of the qualified electors residing in the County is <br />hereby called to be held on Tuesday, November 3, 1992, to determine <br />whether or not the issuance of such bonds in one or more series in an <br />aggregate principal amount not -to -exceed twenty-six million dollars shall be <br />approved by such qualified electors to finance the cost of acquisition of <br />environmentally significant land to protect water quality, open spaces, and <br />wildlife habitat, together with other purposes necessary, appurtenant, or <br />incidental thereto, including all costs of the issuance of the bonds. <br />All qualified electors residing in the County shall be entitled and <br />permitted to vote in such bond referendum. The places of voting and the <br />inspectors and clerks for the bond referendum shall be the same as those <br />places designated and those persons appointed by the Supervisor of <br />Elections for the general election to be held in the County on the same date. <br />The polls will be open at the voting places form 7:00 a. m. until 7:00 p.m. <br />on said day. <br />SECTION 4. OFFICIAL BALLOT <br />County election equipment shall be used at such bond referendum and <br />the ballot to be used shall be in substantially the following form: <br />OFFICIAL BALLOT <br />INDIAN RIVER COUNTY <br />Bond Referendum <br />Environmental/ Natural Lands Acquisition <br />November 3, 1992 <br />SHALL INDIAN RIVER COUNTY BE AUTHORIZED TO <br />ACQUIRE ENVIRONMENTALLY SIGNIFICANT LAND TO <br />PROTECT WATER QUALITY, OPEN SPACES, AND WILD- <br />LIFE HABITAT, BY ISSUING GENERAL OBLIGATION <br />BONDS NOT EXCEEDING $26,000,000 TO BE REPAID IN <br />NOT -TO -EXCEED 15 YEARS AND STRUCTURED SO <br />THAT AT THE TIME OF ISSUANCE THE RATE <br />NECESSARY TO FUND THE MAXIMUM ANNUAL <br />PAYMENTS ON THE BONDS SHALL NOT EXCEED 1/2 <br />MILL? <br />For the Bonds <br />Against the Bonds <br />SECTION 5. ABSENTEE VOTING <br />Absentee voting shall be permitted in such bond referendum. <br />-2- <br />
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