Laserfiche WebLink
SECOND DRAFT - November 23, 1992 <br />1985 Bonds of a maturity are to be redeemed, the selection of the particular <br />Series 1985 Bonds of that maturity to be redeemed shall be by lot; and <br />WHEREAS, The Governing Body, by Resolution No. 87-60 duly adopted, <br />in accordance with law, on June 30, 1987 (the "Series 1987 Bonds Enabling <br />Resolution"), did authorize the issuance of a second installment of the bonds <br />authorized by the Master Bond Resolution, such installment of bonds being the <br />"Capital Improvement Revenue Bonds, Series 1987", dated as of July 1, 1987, in <br />the aggregate principal amount of $3,655,000 (the "Series 1987 Bonds"), to <br />provide funds for and toward proper legal purposes set forth in the Master Bond <br />Resolution; and <br />WHEREAS, The Paying Agent, as successor by merger to Florida National <br />Bank and pursuant to provisions of the Series 1987 Bonds Enabling Resolution and <br />of the Series 1987 Bonds, is the paying agent with respect to the Series 1987 <br />Bonds; and <br />WHEREAS, The Series 1987 Bonds Enabling Resolution provides, inter <br />glia, that the Series 1987 Bonds are stated to mature on September 1 of the years <br />1988 to 2000, both inclusive, and 2005; and <br />WHEREAS, The Series 1987 Bonds Enabling Resolution and the Series <br />1987 Bonds provide, inter alia, that the Series 1987 Bonds maturing on or after <br />September 1, 1998, are subject to redemption prior to maturity, at the option of <br />the County, in whole or in part, on any date on or after September 1, 1997, at <br />the applicable redemption price or prices set forth in the Series 1987 Bonds <br />- 3 - <br />