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B. "Assessments" shall mean the special assessments for sewer line <br />extensions imposed under Resolutions No. 88-102, No. 88-103, No. 88-113 and No. <br />90-25 of the County, the special assessments for a low pressure grinder pump <br />sewerage system imposed by Resolutions No. 88-100, No. 88-101, No. 88-112 and <br />No. 90-24 of the County, and the special assessments in lieu of impact fees <br />levied upon property, with the consent of the property owners, by Resolutions <br />No. 88-104, No. 88-105 and No. 88-114 of the County. <br />C. "Authorized Investments" shall mean those investments specified <br />in Section 125.31, Florida Statutes (1989), as amended. <br />County. D. "Board" shall mean the Board of County Commissioners of the <br />E. "Bonds" shall mean the Special Assessment Revenue Bonds, Series <br />1990, authorized and issued pursuant to this Resolution and the Act. <br />F. "Bond Registrar" shall mean the bond registrar for the Bonds to <br />be determined by subsequent resolution of the County. <br />C. "County" shall mean Indian River County, Florida. <br />H. "Federal Securities" shall mean direct obligations of the United <br />States of America, or obligations the principal of and interest on which are <br />unconditionally guaranteed by the United States of America, which are not <br />redeemable prior to maturity at the option of the obligor. <br />I. "Fiscal Year" shall mean the period beginning with and including <br />October 1st of each year and ending with and including the next September 30th; <br />provided, however, that any principal or interest due on the Bonds on October <br />1 of any Fiscal Year shall be treated as if due on September 30 of the preceding <br />Fiscal Year. <br />J. "Impact Fee Trust Fund" shall mean the "Impact Fee Trust Fund <br />for the Expansion of the Indian River County Sewerage System" established under <br />Section 24-38(f) of the Code of Laws and Ordinances of the County. <br />K. "Paying Agent" shall mean the paying agent for the Bonds to be <br />determined by subsequent resolution of the County. <br />L. "Pledged Funds" shall mean (1) the Revenues, (2) the funds and <br />accounts and the earnings thereon pledged in connection with the Bonds by this <br />Resolution, and (3) such other funds and accounts of the County and earnings <br />thereon as the Board, by subsequent resolution, may pledge specifically in <br />connection with the Bonds. <br />- 2 - <br />