Laserfiche WebLink
som 96 Pn� 786 <br />ON MOTION by Commissioner Eggert, SECONDED by <br />Commissioner Adams, the Board unanimously adopted <br />Resolution 95-157 establishing intent to reimburse <br />certain expenditures in connection with the Force <br />Main, North County Wastewater Treatment Plant to <br />Central Wastewater Treatment Plant Project from the <br />proceeds of future bond issues, as recommended in <br />the memorandum. <br />RESOLUTION No. 95 157 <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA, ESTABLISHING ITS INTENT <br />TO REIMBURSE CERTAIN EXPENDITURES IN CONNECTION WITH <br />THE FORCE MAIN, NORTH COUNTY WASTEWATER TREATMENT PLANT <br />TO CENTRAL WASTEWATER TREATMENT PLANT PROJECT FROM THE <br />PROCEEDS OF FUTURE BOND ISSUES, AND PROVIDING AN <br />EFFECTIVE DATE. <br />WHEREAS, Indian River County, Florida (the County) expects <br />to make certain expenditures in connection with the Force <br />Main, North County Wastewater Treatment Plant to Central <br />Wastewater Treatment Plant Project of the County; and <br />WHEREAS, the County intends to reimburse itself for said <br />expenditures from the proceeds of future bond issues; <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: <br />1. The County expects to make certain expenditures in <br />connection with the Force Main, North County Wastewater <br />Treatment Plant to Central Wastewater Treatment Plant <br />Project of the County (the Project). The County <br />intends to finance said expenditures by the issuance of <br />one or more future bond issues. Some or all of said <br />expenditures are expected to be paid prior to the <br />issuance of said future bond issues. Therefore, said <br />expenditures will be paid from the Utility Operating <br />Fund, the Utility Impact Fee Fund, and the Utility <br />Special Assessment Project Fund of the County. The <br />County intends to reimburse said funds for said <br />expenditures out of the proceeds of said future bond <br />issues. The maximum principal amount of said future <br />bond issues expected to be used for said reimbursement <br />is $630,000. Said expenditures include without <br />limitation expenditures for the acquisition, <br />construction, furnishing, and equipping the Project; <br />for reports, studies, and projections in connection <br />16 <br />December 19, 1995 <br />