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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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MR <br />•s <br />Description <br />Indian River County wAn est.at�lisheci in 1925 by an Act <br />of the Legislature s;eparAti.nrt it. frnm ,"t.. i.ucie County. The <br />County encompasses Approximately 497 sgtrare miles And is located <br />in the mirlrile of. Florida on the Anc<<Fir.�froa�ksoapPliprmandlY3535 <br />miles north of Miami-, 190 miler <br />miles east. of .;t. petors,burrl. Tice C'ocrrity is brun'ieri on the north <br />by Brevard Co�int.y, art the ronth by St. LRrr'ie County, on the west. <br />by Osceola and Okepr:hnbee ('nt.intles+ and nrt the east by the <br />Atlantic Ocean. The inrr,ti)rjrated cities of Fpllsmere. Indian <br />River Shorpst, Orchid, `;,,t,Asttian and Vero Beach acre located within <br />the County. Tharp aro al)proximately no rriCps of waterfront. lAnd <br />in tate County, inc:ludiner ,about 23 miles of At last it beaches. <br />The 1'yF30 (:Ftnr:;i^ I pulstion of the County was 59.896 <br />while the estimatpll 1`499, p,.,perlatlon was 80,023, an increase of <br />3:1.6,%. Ver,) peach, the largest Far ( in tt1A t'nurtt.y, and the <br />r'n;ulty Suet, had a 1980 Census popttlatinn rtf 16.176 and an <br />er;ti.matpd 1986 population of 17,325. <br />cove rnment. <br />tn,li.in Niver County has A fiVe member sgArri of County <br />(:nmrni r:r;i n� r , ( t hn F.AP h memb01 r-{<rOv.-TO ?a r, no r,f <br />fivr` tiirttrir;t.: ler.tp,j at, large (ce,trnty-wide) for stAyrlered <br />terms of four y. -Ars. Ttte r'hAirman anri Vice-chairman ars elected <br />by the Commiscsti-11. A C,,tinty Administrator is appointed by the <br />Board And in 1"spt>n.sible fI aciminisatrative and fiscal control of <br />the T-es;ouicort of the Cotirtty. 'The foilrl irir) is a list of the <br />t't,mmirtrtinnrr^, Anl tho expiration of tht it rpstppr'tive term. <br />Namo <br />of f ice <br />'Germ Exl,i rc:: <br />Don C. sctirlock, .Ir, <br />ChAirman <br />November-, 1988 <br />Margaret C'. Bowman <br />Vice Chairman <br />November, 1988 <br />Richard H. Bird <br />Member <br />November. 1988 <br />Carolyn K. Eggert <br />Member <br />November., 1990 <br />Gary C. Wheeler <br />Member <br />November, 1990 <br />The County Administrator <br />is Charles <br />F. Balczun, who has <br />held the position since <br />September 11, 1986. <br />The Commission <br />apportions and levies County taxes and <br />controls the expenditure <br />of all County funds, <br />except schools <br />which are controlled by <br />the School Board of Indian River County. <br />The budget year of the County runs from October 1 to the <br />3 <br />
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