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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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"Revenue Fund" shall mean the account created pursuant <br />to the provisions of Section 3.04(8) of the Original Resolution, <br />into which all. Gross Revenues shall be deposited by the County. <br />"Serial Bonds" shall mean any Snndn for the payment of <br />the principal of which, At the maturity thereof, no flied <br />mandatory sinking fund or bond redemption deponits are rvTiira*=S <br />to be made prior to the 12 month period lmmedlateLy pre ending the <br />stated date of, maturity of such Serial Bondn, <br />Sinking Fund" shall mean the acro"nt *reat:e-1 parsuant <br />to Section 3.04(1:) of the Original Pesol"non, into which money <br />shall be trannferred from the Revenue Fund for the payment of the <br />principal of and interest on the Honla. <br />':tate" means the State of Florida. <br />"Term Snnds" shall mean the Snnls of a serLes, mEL M <br />which shall l;e stated to mature nn one WR anI which :shall be <br />subject to retirement by operratl.Frn of the Hand Amorttzattnn <br />Account. <br />A-5 <br />
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