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1988-044
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1988-044
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Last modified
9/6/2022 10:58:02 AM
Creation date
9/2/2022 10:40:33 AM
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Resolutions
Resolution Number
1988-044
Approved Date
08/02/1988
Subject
Provide for purchase of Subregional Water Treatment & Distribution System -
$4,000,000 Water Revenue Bonds, Series 1988
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G. "Consulting Engineerst° shall mean such qualified and <br />recognized consulting engineers, having a nationwide and favorable <br />reputation for skill and experience in the construction and <br />operation of systems such as the System at the time retained by the <br />County to perform the acts and carry out the duties as herein <br />provided for the Consulting Engineers. <br />H. "County" shall mean Indian River County, Florida. <br />I. "Federal Securities" shall mean direct obligations <br />of, or obligations the principal of and interest on which are <br />unconditionally guaranteed by, the United States of America, which <br />are not redeemable prior to maturity at the option of the obligor. <br />J. "Fiscal Year" shall mean the period beginning with <br />and including October 1st of each year and ending with and <br />including the next September 30th. <br />K. "Paying Agent" shall mean the Paying Agent to be <br />determined by subsequent resolution of the Board. <br />L. "Pledged Funds" shall mean the Surcharges together <br />with any other revenues and funds pledged in connection with the <br />Bonds. <br />M. "Record Date" shall mean the 15th day of the month <br />immediately preceding an interest or other applicable payment date <br />for the Bonds. <br />N. "Registered Owner" or any similar term shall mean <br />any person who shall be the owner of any outstanding Bond or Bonds <br />as shown on the books of the County maintained by the Bond <br />Registrar. <br />O. "Series 1988 Bonds" shall mean the Water Revenue <br />Bonds, Series 1988, authorized and issued hereunder. <br />P. "Surcharges" shall mean the surcharges imposed by <br />the County with regard to the System. <br />Q. "System" shall mean the complete subregional <br />wastewater treatment and distribution system authorized to be <br />purchased hereunder, together with any and all improvements, <br />extensions and additions thereto hereafter constructed or acquired, <br />and any facilities hereafter made a part of the System by <br />resolution of the Board together with any and all improvements, <br />extensions and additions thereto thereafter constructed or <br />acquired. <br />Words importing singular number shall include the plural <br />number and vice versa and words importing persons shall include <br />firms and corporations or other entities and vice versa. <br />2 <br />
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