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1987-144
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1987-144
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Last modified
9/2/2022 9:39:12 AM
Creation date
9/1/2022 9:53:28 AM
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Resolutions
Resolution Number
1987-144
Approved Date
12/08/1987
Subject
Authorizing the execution and delivery of a Note Purchase Agreement
of $9,200,000 aggregate principal amount of water & sewer revenue bonds
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• <br />64 <br />Notes, which in the Underwriters" judgment, materially adversely <br />affects the market for the totes; or <br />(c) tegi;sLation shaLL have been enacted by the <br />Congress of the United States of America to become effective on <br />or prior to the Closing, or A decision of a Court of the United <br />States of America shall be rendered, or a stop order, ruling, <br />recis.stati.on or proposed rpqulation by or on behalf, of the <br />Securities And Exchange Commission or other having <br />jisrisd.iction over the subject mAttet hareof al}all be isnued or <br />made, to the effect that the issuance, .3ale And delivery of the <br />Notes, or any other obligations of any slmilar public body of the <br />general chArar:ter of the County. is in viakatlon of the <br />Securities Art-. of 1933, as amended. or the Adoption of the <br />RP.^olution is in violation of the Trust Indenture Act of 1919. as <br />amended, or with the purpose or effect of otherwise prohibiting <br />the isnuanc.e, sale or eloltvn+ry of the Notes as contemplAte:-i <br />hereby or by the O_f.fLr,ial Statement )r of obligations of the <br />general chArActer of the Notes; or <br />(d) any LerllsLation. ordinan,:e, rule or regulation <br />shall. be Introduced In. or be enacted by any governmental body, <br />department or agency of the State of Florida, or a derision by <br />any r.ourt of competent jurisdiction within the State of Florida <br />shall be renrl-red Afferting the County with respect to the <br />Project whi(:ls, in the reasonable opinion )f the Underwriters, <br />would AdverrieLy affer:t. the market price of the Notes; air <br />(e) there shall have occurred ,any outbreak of war or <br />hostilities or other national or international emergency, <br />cal.Amity or crisis, the effect of such outbreak, emergency, <br />calamity or c-rLetis on the financial markets or the United States <br />of. America being $such as, in the Underwriters' judgment. would <br />make it, impracticable for the Unde.rwrtters to deliver the Notes <br />or materially affects the market, for the Notes; or <br />(f) there shall be in force A general suspension of <br />trading on The New York Stork Exchange, [tic. or minimum or <br />maximum prices for trading shall have been fixed and be in force, <br />or maximum ranges for prices for securities shall have been <br />required and be in force on The New York Stock Exchange, Inc., <br />whether by virtue of a determination by that Commission or any <br />other governmental authority having jurisdiction; or <br />(g) a general banking moratorium shall have been <br />declared by federal, Florida or New York authorities having <br />jurisdiction and be in force; or <br />(h) any fact shall exist or an event shall have <br />occurred which, in the opinion of the Underwriters, requires an <br />amendment or supplement to the Official Statement and which, in <br />11 <br />
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