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• RESOLUTION 87 - 59 A RESOLUTION AMENDING AND SUPPLEMENTING RESOLUTION 85-75 OF INDIAN RIVER COUNTY, FLORIDA, AS AMENDED AND SUPPLEMENTED; AUTHORIZING THE CONSTRUCTION, ACQUISITION, FURNISHING AND EQUIPPING OF CERTAIN CAPITAL PROJECTS IN THE COUNTY; PROVIDING FOR THE ISSUANCE OF CAPITAL IMPROVEMENT REVENUE BONDS, SERIES 1987, IN THE MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF $3,800,000 AS THE SECOND INSTALLMENT OF THE BONDS ORIGINALLY AUTHORIZED UNDER SAID RESOLUTION; TO PAY THE COST OF SAID PROJECTS; PROVIDING FOR THE PAYMENT OF SAID BONDS FROM THE SALES TAX REVENUES RECEIVED BY THE COUNTY; MAKING CERTAIN COVENANTS AND AGREEMENTS IN CONNECTION THEREWITH; AND PROVIDING AN EFFECTIVE DATE HEREOF. BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA: SECTION 1. Authority for Resolution. This Resolution is adopted pursuant to the provisions of Chapters 125 and 279, Florida Statutes (1985), as amended; County Home Rule Ordinance No. 77-19, as amended; the Master Bond Resolution and other applicable provisions of law. SECTION 2. Definitions. All terms herein shall have the meanings ascribed to them in the Master Bond Resolution, except as otherwise provided herein. When used in this Resolution, the following terms shall have the following meanings, unless the context clearly requires otherwise: "Act" shall mean Chapters 125 and 279, Florida Statutes (1985); County Home Rule Ordinance No. 77-19, as amended; the Master Bond Resolution and other applicable provisions of law. "Board" shall mean the Board of County Commissioners of the County. "Bond" or "Bonds" shall include any or all of the Capital. Improvement Revenue Bonds, Series 1987, herein authorized to be issued. "Code" shall mean the Internal Revenue Code of 1986, as amended, and the applicable regulations promulgated thereunder. County. "County Administrator" shall mean the County Administrator of the