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1987-017
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1987-017
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Last modified
8/26/2022 4:05:53 PM
Creation date
8/26/2022 3:39:35 PM
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Resolutions
Resolution Number
1987-017
Approved Date
02/03/1987
Resolution Type
intergovernmental agreement
Entity Name
City of Sebastian
Subject
with City of Sebastian relating to provision of water and/or sewer services
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• <br />issuance of bonds by the County to finance the costs of any Project undertaken <br />pursuant to this Agreement or the Franchise. The payment of the principal of, <br />redemption premium, if any, and interest on such bonds shall be paid from funds <br />pledged for that purpose, including, but not limited to rates, charges and fees <br />for the Services; Impact Fees; Special Assessments and Special Assessments in <br />Lieu of Impact Fees. <br />ARTICLE III <br />FINANCIAL MATTERS AND COVENANTS <br />SECTION 3.01 Covenants of the City. At such time as the Countv <br />agrees to provide Services within the City, or any part thereof, pursuant to the <br />Franchise, the City covenants as follows: <br />(a) to enact, keep in force, enforce and otherwise maintain <br />ordinances or resolutions similar to those now or hereafter exacted by <br />the County relating to any and all mandatory connections, rates, <br />charges and fees for Services; Impact Fees; Special Assessments and <br />Special Assessments in Lieu of Impact Fees, at the request of the <br />County, and not to enact, keep in force, enforce or otherwise maintain <br />any other ordinances or resolutions with respect to Services provided <br />by the County within the City or any part thereof within the County's <br />Franchise Territory; <br />(b) should any bonds be issued by the County to finance the costs of <br />any Project, to comply with and be bound by any representations, <br />covenants, agreements or pledges made by the County in connection with <br />the issuance of such bonds, as if such representations, covenants, <br />agreements and pledges had been made by the City, and to take any <br />action necessary to effect them; <br />(c) to diligently enforce its right to receive any and all rates, <br />charges, fees, Impact Fees, Special Assessments and Special <br />Assessments in Lieu of Impact Fees under any ordinance or resolution <br />of the City in connection with this Agreement; <br />(d) to be unconditionally and irrevocably obligated to diligently <br />take any lawful action necessary or required to collect such rates, <br />charges, fees, Impact Fees, Special Assessments and Special <br />Assessments in Lieu of Impact Fees, including, but not limited to <br />actions necessary or required to reduce the same to liens and to <br />enforce payment of such liens; <br />(e) to immediately pay over to the County any rates, charges, fees, <br />— 4 — <br />
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