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1990-067
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1990-067
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Last modified
2/26/2021 11:21:06 AM
Creation date
1/26/2021 11:12:07 AM
Metadata
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Template:
Resolutions
Resolution Number
1990-67
Approved Date
05/22/1990
Subject
Special Assessment Revenue Bonds Series E Authorizing the Issuance
Area
Rockridge Wastewater System
Document Relationships
1989-054
(Agenda)
Path:
\Resolutions\1980'S\1989
1990-040
(Agenda)
Path:
\Resolutions\1990'S\1990
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INDIAN RIVER COUNTY, FLORIDA <br />RESOLUTION NO. 90--67 <br />A RESOLUTION AMENDING AND SUPPLEMENTING RESOLUTION NO. <br />89-54 OF INDIAN RIVER COUNTY, FLORIDA, ENTITLED: <br />"RESOLUTION NO. 90 -40 <br />RESOLUTION AUTHORIZING THE ISSUANCE OF NOT EXCEEDING <br />$1,315,000 AGGREGATE PRINCIPAL AMOUNT OF SPECIAL <br />ASSESSMENT REVENUE BONDS, SERIES 1990, OF INDIAN RIVER <br />COUNTY, FLORIDA, THE NET PROCEEDS OF WHICH WILL BE USED <br />TO REIMBURSE THE COUNTY FOR A PORTION OF THE COST OF <br />ACQUISITION AND CONSTRUCTION OF CERTAIN SEWER LINE <br />EXTENSIONS AND A CERTAIN LOW PRESSURE GRINDER PUMP <br />SEWERAGE SYSTEM IN CONNECTION WITH THE ROCKRIDGE <br />WASTEWATER SYSTEM OF THE COUNTY AND TO MAKE A DEPOSIT <br />INTO THE IMPACT FEE TRUST FUND FOR THE EXPANSION OF THE <br />INDIAN RIVER COUNTY SEWERAGE SYSTEM TO PAY FOR THE <br />EXPANSION OF THE SEWAGE DISPOSAL SYSTEM OF THE COUNTY, <br />INCLUDING WITHOUT LIMITATION THE ACQUISITION AND <br />CONSTRUCTION OF A SEWER SYSTEM TO BE KNOWN AS THE <br />"ROCKRIDGE WASTEWATER SYSTEM"; PROVIDING FOR THE RIGHTS <br />OF THE HOLDERS OF SUCH BONDS AND PLEDGING FOR THE <br />PAYMENT THEREOF CERTAIN SPECIAL ASSESSMENTS LEVIED BY <br />THE COUNTY AND CERTAIN SPECIAL ASSESSMENTS IN LIEU OF <br />IMPACT FEES LEVIED BY THE COUNTY AGAINST PROPERTIES THE <br />OWNERS OF WHICH HAVE CONSENTED THERETO AND, AT THE <br />OPTION OF THE COUNTY, FROM OTHER LEGALLY AVAILABLE NON <br />AD VALOREM TAX FUNDS; AND PROVIDING AN EFFECTIVE DATE." <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER <br />COUNTY, FLORIDA: <br />SECTION 1. Authority for Resolution. This resolution is adopted <br />pursuant to applicable provisions of Article VIII, Section 1, Florida <br />Constitution (1968), Chapter 125, Florida Statutes (1989), Ordinance No. 86-88 <br />of the County (Sections 11-21 through 11-72 of the Code of Laws and Ordinances <br />of the County), and other applicable provisions of law. <br />
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