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8onK 95 �V%E 712 ORDINANCE NO. 95-16 SECTION 4. PROJECTS The County is hereby authorized to acquire, construct, improve and equip county capital projects (the "Projects"),. as the same may be determined by the Board from time to time in accordance with applicable law. SECTION S. OBLIGATIONS To pay the cost of the projects and other costs necessary or incidental thereto, including but not limited to the. costs of issuance of such.obligations, the County is authorized to issue, or cause to be issued.on behalf of "the County, as the case may be, bonds, notes, certificates, lease -purchase obligations (including certificates of participation) and other forms indebtedness (collectively, the "Obligations") from time to time: Such Obligations may be issued in bearer form or fully registered form; may be delivered by means of physical certificates or a book -entry system, or any combination thereof; may be in such denomination or denominations; may bear interest at such rate or rates not exceeding the maximum rate allowed by law, payable on a current basis or at maturity; and may mature at such time or times; all as shall be determined by the Board at or prior to the time of sale of the Obligations. The Obligations may be made redeemable before maturity, at the option of the County or the holders thereof, at such price or prices and under such terms and conditions as shall be fixed by the Board prior to their issuance. The Board shall determine the place or places of payment of the principal, redemption premium, if 'any and interest on the Obligations, which may be at the office of the Clerk of the Circuit Court for the County, ex officio Clerk of the Board (the "Clerk"), or any bank or trust company within or without the State of Florida. The Obligations shall be signed by the manual or facsimile signature of the Chairman of the Board, and attested by the manual or facsimile signature of the Clerk, and may further be authenticated on behalf 12 July 18, 1995