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INDIAN RIVER COUNTY, FLORIDA
<br />RESOLUTION NO. 92-Zj,
<br />A RESOLUTION SUPPLEMENTING RESOLUTION NO. 85-75 OF
<br />INDIAN RIVER COUNTY, FLORIDA, AS AMENDED AND
<br />SUPPLEMENTED; AMENDING RESOLUTION NO. 85-126 OF THE
<br />COUNTY; AUTHORIZING THE RETIREMENT OF A PORTION OF THE
<br />OUTSTANDING REFUNDING AND IMPROVEMENT REVENUE BONDS,
<br />SERIES 1985, OF THE COUNTY AND THE RETIREMENT OF ALL OF
<br />THE OUTSTANDING CAPITAL IMPROVEMENT REVENUE BONDS,
<br />SERIES 1987, OF THE COUNTY; AUTHORIZING THE ISSUANCE OF
<br />NOT EXCEEDING $7,530,000 REFUNDING REVENUE BONDS, SERIES
<br />1992, OF THE COUNTY, AS THE THIRD INSTALLMENT OF THE
<br />BONDS ORIGINALLY AUTHORIZED UNDER SAID RESOLUTION, TO
<br />PROVIDE FUNDS FOR SAID RETIREMENTS; MAKING CERTAIN
<br />COVENANTS AND AGREEMENTS IN CONNECTION THEREWITH; AND
<br />PROVIDING AN EFFECTIVE DATE.
<br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY,
<br />FLORIDA:
<br />SECTION 1. AUTHORITY FOR RESOLUTION. This Resolution, which supplements
<br />the Master Bond Resolution hereinafter defined and amends Resolution No. 85-126
<br />of the County, is adopted pursuant to Chapters 125 and 279, Florida Statutes
<br />(1991), as amended, County Home Rule Ordinance No. 77-19, as amended, the Master
<br />Bond Resolution and other applicable provisions of law.
<br />SECTION 2. DEFINITIONS. All terms used herein shall have the meanings
<br />ascribed to them in the Master Bond Resolution, except as otherwise expressly
<br />provided herein. When used in this Resolution the following terms shall have the
<br />following meanings, unless the context clearly requires otherwise:
<br />A. "Act" shall mean Chapters 125 and 279, Florida Statutes (1991), as
<br />amended, County Home Rule Ordinance No. 77-19, as amended, the Master Bond
<br />Resolution and other applicable provisions of law.
<br />B. "Board" shall mean the Board of County Commissioners of the County.
<br />C. "Code" shall mean the Internal Revenue Code of 1986, as amended, and
<br />any similar subsequent federal revenue laws. Any reference to a particular
<br />section, subsection, etc., of the Code shall also refer to the similar section,
<br />subsection, etc., of any similar subsequent federal revenue law.
<br />D. "Master Bond Resolution" shall mean Resolution No. 85-75 of the
<br />County, as amended and supplemented, from time to time, including, to the extent
<br />provided herein, this Resolution.
<br />E. "Pledged Funds" shall mean the Sales Tex, the money in certain funds
<br />and accounts pledged for the payment of the principal of, interest and premium,
<br />if any, on the Bonds and the Investment Income.
<br />F. "Resolution" shall mean this resolution, as amended and supplemented
<br />from time to time.
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