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1989-062
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1989-062
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Last modified
3/24/2022 1:22:59 PM
Creation date
3/24/2022 1:20:45 PM
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Resolutions
Resolution Number
1989-062
Approved Date
06/27/1989
Resolution Type
Issuance of Bonds
Subject
Providing for issuance of General Obligation Bonds, Series 1989, $5,900,000
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Registered Owner of this Bond not less than fifteen (15) days preceding such <br />special record date. Such notice shall be mailed to the persons in whose names <br />the Bonds are registered at the close of business of the Bond Registrar on the <br />fifth (5th) day preceding the date of mailing. The principal of, premium, if <br />any, and interest on this Bond are payable in lawful money of the United States <br />of America. <br />This Bond is one of the series of bonds authorized by the County under <br />the authority of and in full compliance with the Constitution and laws of the <br />State of Florida, including particularly Chapter 125, Florida Statutes (1988), <br />and Resolution No. 86-41 and Resolution No. 89-62 of the County, all as amended <br />and supplemented, and other applicable provisions of law. The above -referenced <br />resolutions, as amended and supplemented from time to time, are hereinafter <br />collectively referred to as the "Resolution". This Bond is subject to all the <br />terms and conditions of the Resolution. <br />This Bond is one of the series of bonds designated as General <br />Obligation Bonds, Series 1989, all of like date and tenor, except as to numbers, <br />denominations, dates of maturity and rates of interest, in the aggregate <br />principal amount of Five Million Nine Hundred Thousand Dollars ($5,900,000) (the <br />"Bonds"). The proceeds of the Bonds, together with certain other available funds <br />of the County, will, inter glia, be used to acquire and construct the Project as <br />defined in the Resolution, including without limitation certain improvements to <br />and expansions of the public library system and services of the County and to pay <br />certain costs and expenses relating to issuance of the Bonds, all as more fully <br />set forth in the Revolution. <br />For the prompt payment of the principal of and interest on this Bond as <br />the same shall become due, the full faith, credit and taxing power of the County <br />have been irrevocably pledged. <br />The Bonds are general obligations of the County. <br />(To be inserted where appropriate on face of bond: "REFERENCE IS HEREBY <br />MADE TO THE FURTHER PROVISIONS OF THIS BOND SET FORTH ON THE REVERSE SIDE <br />HEREOF, AND SUCH FURTHER PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT <br />AS IF SET FORTH ON THIS SIDE.") <br />The Bonds are issuable only in the form of registered bonds, without <br />coupons, in the denominations of $5,000 principal amount or any integral multiple <br />thereof. <br />This Bond may be transferred only upon the books kept by the Bond <br />Registrar, on behalf of the County, upon surrender hereof at the principal <br />corporate trust office of the Bond Registrar with an assignment duly executed by <br />the Registered Owner or his duly authorized attorney, but only in the manner, <br />subject to the limitations and upon payment of a sum sufficient to cover any tax, <br />fee or governmental charge that may be imposed in connection with such transfer, <br />all as provided in the Resolution. Upon such transfer, there shall be executed <br />in the name of the transferee, and the Bond Registrar shall deliver, as early as <br />practicable, a new fully registered bond or bonds of authorized denominations in <br />the same aggregate principal amount and of the same maturity and interest rate as <br />
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