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BACKGROUND AND ANALYSIS <br />Attached is a resolution, which is a requirement in order to be <br />able to reimburse for funds expended to construct the North <br />County RIO Plant -Phase II Construction, Well Field and Brine Line <br />Disposal. <br />RECOMMENDATION <br />The staff of the Department of Utility Services recommends <br />approval of the attached resolution. <br />ON MOTION by Commissioner Eggert, SECONDED by <br />Commissioner Adams, the Board unanimously <br />adopted Resolution No. 95-94 establishing its <br />intent to reimburse certain expenditures in <br />connection with the North County R/O Plant - <br />Phase II Construction, Well Field and Brine <br />Line Disposal Project from the proceeds of <br />future bond issues. <br />RESOLUTION NO. 9.5---9-4 <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER <br />COUNTY, FLORIDA, ESTABLISHING ITS INTENT TO REIMBURSE CERTAIN <br />EXPENDITURES IN -CONNECTION WITH THE NORTH COUNTY RIO PLANT -PHASE <br />II CONSTRUCTION, WELL FIELD AND BRINE LINE DISPOSAL PROJECT FROM <br />THE PROCEEDS OF FUTURE BOND ISSUES, AND PROVIDING AN EFFECTIVE <br />DATE. <br />WHEREAS, Indian River County, Florida (the County) expects <br />to make certain expenditures in connection with the North County <br />RIO Plant -Phase II Construction, Well Field and Brine Line <br />Disposal Project of the County; and <br />WHEREAS, the County intends to reimburse itself for said <br />expenditures from the proceeds of future bond issues; <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: <br />1. The County expects to make certain expenditures in <br />connection with the North County RIO Plant -Phase II <br />Construction, Well Field and Brine Line Disposal <br />Project of the County (the Project.) <br />13 <br />August 8, 1995 <br />The County <br />