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1989-133
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1989-133
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Last modified
3/29/2022 12:02:59 PM
Creation date
3/29/2022 12:01:10 PM
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Template:
Resolutions
Resolution Number
1989-133
Approved Date
10/24/1989
Resolution Type
Amend Resolution 1989-054
Subject
Special Assessment Revenue Bonds, Series 1989
The proceeds will be used to make a deposit into the Impact Fee Trust Funds
for Sewage Disposal System
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Cl <br />INDIAN RIVER COUNTY, FLORIDA <br />RESOLUTION NO. 89- 133 <br />A RESOLUTION AMENDING AND SUPPLEMENTING RESOLUTION NO. <br />89-54 OF INDIAN RIVER COUNTY, FLORIDA, ENTITLED: <br />"RESOLUTION N0. 89-54 <br />RESOLUTION AUTHORIZING THE ISSUANCE OF NOT EXCEEDING <br />$7,560,000 AGGREGATE PRINCIPAL AMOUNT OF SPECIAL <br />ASSESSMENT REVENUE BONDS, SERIES 1989, OF INDIAN RIVER <br />COUNTY, FLORIDA, THE NET PROCEEDS OF WHICH WILL BE USED <br />TO MAKE A DEPOSIT INTO THE IMPACT FEE TRUST FUND OF THE <br />COUNTY FOR APPLICATION TO PAY FOR THE EXPANSION FOR THE <br />SEWAGE DISPOSAL SYSTEM (V THE COUNTY, INCLUDING WITHOUT <br />LIMITATION THE ACQUISITION AND CONSTRUCTION OF A <br />PHYSICALLY INDEPENDENT SEWER SYSTEM TO BE KNOW AS THE <br />"NORTH COUNTY WASTEWATER SYSTEM"; PROVIDING FOR THE <br />RIGHTS OF THE HOLDERS OF SUCH BONDS AND PLEDGING FOR THE <br />PAYMENT THEREOF THE PROCEED OF CERTAIN SPECIAL <br />ASSESSMENTS IN LIEU OF IMPACT FEES LEVIED BY THE COUNTY, <br />OR LEVIED BY OTHER PUBLIC BODIES AND PAYABLE TO THE <br />COUNTY PURSUANT TO AN INTERGOVERNMENTAL AGREEMENT, IN <br />EACH CASE IMPOSED AGAINST PROPERTY THE OWNERS OF WHICH <br />HAVE CONSENTED THERETO AND, AT THE OPTION OF THE COUNTY, <br />FROM OTHER LEGALLY NON AD VALOREM TAX FUNDS; AND <br />PROVIDING AN EFFECTIVE DATE." <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER <br />COUNTY, FLORIDA: <br />SECTION 1. Authority for Resolution This resolution is adopted <br />pursuant to Ordinance No. 86-68 of the County, applicable provisions of Article <br />VIII, Section 1, Florida Constitution (1968), Chapter 125, Florida Statutes <br />(1988), as amended, and other applicable provisions of law. <br />that:SECTION 2. Findings, It is hereby ascertained, determined and declared <br />A. The Board of County Commissioners (the "Board") of <br />Indian River County, Florida (the "County"), oci June 6, <br />1989, duly adopted Resolution 89-54 (which resolution, <br />together with all amendments and supplements thereto <br />heretofore adopted, is hereinafter called the "Bond <br />
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