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• <br />RESOLUTION 87- 113 <br />A RESOLUTION AMENDING RESOLUTTON 86-36 OF <br />INDIAN FIVER COUNTY, FI,OPlr)A, F,NT[TLEE): <br />'A RESOLUTION AUTHORIZING TFfF; ISSUANCE OF Not <br />EXCEEDING $9,200,000 WATER, AND SEI,;F.R REVENUE <br />BONDS, ,"EP,IES 1.986, ANTICIPATION NOTES OF <br />INDIAN RIVER COUNTY, FLORIDA: VROVIDING FOR <br />THE PAYMENT THEREOF AND THE; E:CL;P.ITY TEIEREFoR; <br />PROVIDING FOR THE PrcwrS OF TETE: HOLDERS OF sUcif <br />NOTES; MA rtiG CERTAIN COVENANTS AND AGREEMENTS <br />IN CONNECTION THEREVITH; PROVIDING FOR RELATED <br />MATTERS; AND PROVrDING AN EFFF,CT[VE: 0A'CF:", <br />AY ttr)"FYING CERTAIN REDF:MPTtoN PROV[r EONS <br />APPLICABLE TO THE SERtES 1786 NOTES, AND <br />SUPPLE; FtF:N'IiNC. SAID RESOLUTION BY FSTARLtSHING <br />CER'CAIN I'ROVf5EONS REGARDING THE APFLICATEON OF <br />THE PROCEEDS OF THE SERIES 1486 NOTES, TEIF, <br />APPLICATION OF THE CONSTRUCTION FUND VE C[I <br />RESPECT TO THE SEPJFr; 1486 NOTF..",, ANT) TIIF, <br />SATISFACTION, BY THE COUNTY, OF CERTAIN <br />REQUIREMENTS CONTAINED IN THE ORIGENAL <br />RESOLUTION ANI) TIIE; E,OAN COPt'X[M—:NT; ANI) <br />PROVIPING AN EFFEt.CEVE DATE, <br />BE; IT RESOLVED BY THE: BOARD OF COUN'CY COMttI55IONER S OF' <br />INDIAN RIVER COUN'r'i, FLORIDA THAT: <br />SECTION 1, ATt(harl x for Reeolr`tian. Till Reaolutton <br />is adopted pttt'sn(+nt to the provEsione of Chapter 125 an(I Section <br />215,431, Florldn ;;tnt.utes (1985), as amended; and other applicable <br />provision, of lnw. <br />SECTION 2, Qe•-jn It All terms and phra^:es used <br />herein shall have the meanings ascribe(t to titer. In the trate <br />Resolution, as hereinafter defined, except as otherwise <br />specifically provided herein. <br />SEC'T'ION 3, l_Lnd n s. It Is hereby ascertained, <br />determined and declared that: <br />A. The Board of County Commissioners of Indian River <br />County, Florida (hereinafter called the "Board" and the "County", <br />respectively), on lune 18, 1986, duly adopted a resolution <br />entitled: <br />