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INDIAN RIVER COUNTY, FLORIDA <br />RESOLUTION NO. 89 - 155 <br />A RESOLUTION AWARDING $9,200,000 AGGREGATE <br />PRINCIPAL AMOUNT OF WATER AND SEWER REVENUE <br />BONDS, SERIES 1986, AND $450,000 AGGREGATE <br />PRINCIPAL AMOUNT OF WATER AND SEWER REVENUE <br />BONDS, SERIES 1986A, OF INDIAN RIVER COUNTY, <br />FLORIDA, AT PRIVATE SALE BY NEGOTIATION, TO <br />THE PURCHASER THEREOF; AUTHORIZING AND <br />APPROVING CERTAIN TERMS OF SAID BONDS; <br />PROVIDING FOR CERTAIN MATTERS RELATING TO THE <br />BONDS; DETERMINING TO REDEEM $9,200,000 <br />AGGREGATE PRINCIPAL AMOUNT OF WATER AND SEWER <br />REVENUE BONDS, SERIES 1986, ANTICIPATION NOTES, <br />OF INDIAN RIVER COUNTY, FLORIDA, AS A WHOLE, BY <br />OPTIONAL REDEMPTION PRIOR TO MATURITY; <br />PROVIDING FOR CERTAIN MATTERS RELATING TO THE <br />REDEMPTION OF THE NOTES; AUTHORIZING THE <br />TRANSFER OF CERTAIN FUNDS IN CONNECTION WITH <br />THE BONDS AND THE REDEMPTION OF THE NOTES; <br />AUTHORIZING ALL OTHER NECESSARY, DESIRABLE <br />AND/OR APPROPRIATE ACTIONS IN CONNECTION WITH <br />THE SALE, ISSUANCE AND DELIVERY OF THE BONDS <br />AND THE REDEMPTION OF THE NOTES; AND SPECIFYING <br />THE EFFECTIVE DATE HEREOF. <br />WHEREAS, the Board of county commissioners of Indian <br />River County, Florida (the "Board" and the "County", respectively), <br />by Resolution No. 86-35, duly adopted on June 18, 1986, as amended <br />(the "Bond Resolution"), heretofore authorized the issuance of <br />Water and Sewer Revenue Bonds, Series 1986, of the County in an <br />aggregate principal amount not to exceed $9,200,000 (the "Series <br />1986 Bonds") and Water and Sewer Revenue Bonds, Series 1986A, of <br />the County in an aggregate principal amount not to exceed $450,000 <br />(the "Series 1986A Bonds") (the Series 1986 Bonds and the Series <br />1986A Bonds are hereinafter collectively referred to as the <br />"Bonds") ; <br />