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TO � INDIAN RIVER COUNTY, FLORIDA RESOLUTION NO, 89-62 A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS, SERIES 1989, OF INDIAN RIVER COUNTY, FLORIDA, IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $5,900,000 TO FINANCE THE COST OF IMPROVEMENTS TO AND EXPANSION OF THE PUBLIC LIBRARY SYSTEM AND SERVICES IN THE COUNTY; PROVIDING FOR CERTAIN PROVISIONS WITH RESPECT TO SAID BONDS AND PROVIDING AN EFFECTIVE DATE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA: SECTION 1. AUTHORITY FOR THIS RESOLUTION. This resolution is adopted pursuant to Chapter 125, Florida Statutes (1988), and other applicable provisions of law. SECTIOI. 2. DEFINITIONS. The following terms shall have the following meanings in this Resolution, unless the context otherwise clearly requires: A. "Act" shall mean Chapter 125, Florida Statutes (1988), as amended, and other applicable provisions of law. B. "Authorized Investments" shall mean those investments specified in Section 125.31, Florida Statutes (1988), as amended, C. "Board" shall mean the Board of County Commissioners of Indian River County, Florida. D. "Bonds" shall mean the General Obligation Bonds, Series 1989, authorized and issued hereunder. E. "Bond Registrar" shall mean the Bond Registrar to be determined by subsequent resolution of the Board, F. "County" shall mean Indian River County, Florida, G. "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. H. "Fiscal Year" shall mean the period beginning with and including October first of each year and ending with and including the next September 30.