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01/18/2022
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01/18/2022
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Last modified
3/10/2022 11:25:10 AM
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3/10/2022 11:03:00 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
01/18/2022
Meeting Body
Board of County Commissioners
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Section 3. Limitation. The County shall have no responsibility with respect to the <br />repayment of the Bonds. The Bonds and the interest thereon shall not constitute an indebtedness <br />or pledge of the general credit or taxing power of the County but shall be payable solely from the <br />revenues pledged therefor pursuant to financing agreements entered into by and among the Issuer <br />and the Borrower and/or parties other than the County prior to or contemporaneously with the <br />issuance of the Bonds. <br />The approval given herein shall not be construed as (a) an endorsement of the <br />creditworthiness of the Borrower or the financial viability of the Project, (b) a recommendation to <br />any prospective purchaser of the Bonds, (c) an evaluation of the likelihood of the repayment of the <br />debt service on the Bonds, or (d) an approval of any necessary rezoning applications nor for any <br />other regulatory permits relating to the Project, and the County shall not be construed by reason of <br />its adoption of this resolution to have made any such endorsement, finding or recommendation or <br />to have waived any of the County's rights or estopping the County from asserting any rights or <br />responsibilities it may have in that regard. <br />Section 4. Repealing Clause. All restrictions or resolutions or portions thereof in <br />conflict herewith are, to the extent of such conflict, hereby superseded and repealed. <br />145 <br />
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