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• <br />RESOLUTION NO.89- 125 <br />A RESOLUTION OF THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY <br />APPROVING A SCHEDULE OF RATES FOR THE <br />SANDRIDGE GOLF CLUB FOR FISCAL YEAR 1989-90; <br />AUTHORIZING FUTURE RATE AMENDMENTS BY COUNTY <br />ADMINISTRATOR AND BUDGET DIRECTOR <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. The attachment entitled "Fiscal Year 1989-90, Rates and <br />Fees" shall be adopted as the official rates and fees for <br />Sandridge Golf Course for referenced fiscal year. <br />2. The rates and fees may be amended at any time by <br />approval of the County Administrator and Budget Director, <br />providing that the bond covenants contained in Resolution No. <br />85-78 are satisfied. These covenants require the County to keep <br />fees and rates at a level to provide in each year gross revenue <br />sufficient to pay 1008 of all operation and maintenance costs and <br />all reserve and other payments required in the bond resolution. <br />The resolution was moved for adoption by Commissioner <br />Bird , and the motion was seconded by Commissioner <br />Eggert and, upon being put to a vote, the vote was <br />as follows: <br />Chairman Gary C. Wheeler Aye <br />Vice -Chairman Carolyn K. Eggert Aye <br />Commissioner Richard N. Bird Aye <br />Commissioner Margaret C. Bowman Aye <br />Commissioner Don C. Scurlock, Jr. Aye <br />The Chairman thereupon declared the resolution duly passed <br />and adopted this 13th day of September, 1989. <br />BOARD OF COUNTY COMMISSIONERS <br />INDIAN RIVER COUNTY, FLORIDA <br />ATTEST: <br />4: _ , ! La to C erlip <br />.r I <br />BYGary CWheeler,'Chir <br />