1989-042 - Laserfiche WebLink

Home Browse Search

expenses; expenses for estimates of costs and of revenues; expenses for surveys; the fees of fiscal agents, financial advisors and consultants; administrative expenses relating solely to such acquisition or construction; the capitalization of interest for a reasonable period after the issuance of Bonds to finance any portion of the Costs of such acquisition or construction; the creation and establishment of reasonable reserves for debt service and operation and maintenance; the discount on the sale of Bonds to finance any portion of the Costs of such acquisition or construction; and such other costs and expenses as may be necessary or incidental to such acquisition or construction. 12. "County" shall mean Indian River County, Florida. 13. "Federal Securities" shall mean direct obligations of, or obligations the principal of and interest on which are unconditionally guaranteed by, the United States of America, which are not redeemable prior to maturity at the option of the obligor. 14. "Fees in lieu of Franchise Fees" shall mean the fees paid by the Utility Services Department of the County to the County in consideration for the use of public streets and rights-of-way in the County and to defray costs incident to the regulation by the County of the services and facilities of the Utility Services Department of the County. 15. "Fiscal Year" shall mean the period beginning with and including October 1st of each year and ending with and including the next September 30th. 16. "FmHA" shall mean the Farmers Home Administration, United States Department of Agriculture. 17. "Franchise Fees" shall mean the fees paid by water and/or sewer utilities, other than the Utility Services Department of the County, to the County in consideration for the use of public streets and rights-of-way in the County and to defray costs incident to the regulation by the County of the services and facilities of such utilities. 18. "Impact Fees" shall mean the fees or charges imposed upon new customers of the System to provide funds for the payment of all or a portion of the costs and expenses of additions, extensions and improvements to the System made necessary by the inclusion of such new customers. 19. "Net Revenues" shall mean the Revenues less Operating Expenses. 20. "Operating Expenses" shall mean the current expenses paid or accrued for the operation, maintenance and repair of all facilities constituting a part of the System, as determined in