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• <br />• <br />"Investment Agreement" shall mean an agreement, entered into by the <br />County, governing the application and investment of bond proceeds pending <br />expenditure in accordance with requirements of the Code. <br />"Master Bond Resolution" shall mean Resolution No. 85-75 of the <br />County, as amended and supplemented, from time to time, including, to the extent <br />provided herein, this Resolution. <br />"1987 Construction Fund" shall mean the Indian River County 1987 <br />Capital Improvement Revenue Bonds Construction Fund established herein. <br />"1987 Project" shall mean the construction, acquisition, furnishing <br />and equipping of buildings located within the County to house a minimum security <br />detention facility and an office administration and communication center for the <br />County Sheriff's Department; and the acquisition of land for and design of an <br />additional. County administrative office facility, all pursuant to the plans and <br />specifications of a Qualified Independent Consultant on file, or to be on file, <br />with the Issuer. <br />"Pledged Funds" shall mean the Sales Tax and the earnings from the <br />investment of money in certain funds and accounts pledged for payment of the <br />principal of, interest and premium, if any, on the Bonds. <br />"Project" shall be deemed to include the 1987 Project. <br />"Resolution" shall mean this resolution, as amended and supplemented <br />from time to time. <br />"Series 1985 Bonds" shall mean the Indian River County Refunding and <br />Improvement Revenue Bonds, Series 1985, dated as of November 1, 1985, in the <br />aggregnte principal amount of $9,855,000, issued as the first installment of the <br />Bonds authorized under the Master Bond Resolution. <br />- 2 - <br />