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1988-055
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1988-055
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Last modified
9/8/2022 12:30:53 PM
Creation date
9/2/2022 10:52:15 AM
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Resolutions
Resolution Number
1988-055
Approved Date
09/16/1988
Subject
Adopt Resolution on 8/2/88 relating to Profold, Inc. issuance of revenue bonds for acquisition,
construction & equipping of manufacturing facilit(see Resolution 88-47)
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I ' "IMEMM NO. Be— 5 5 <br />VMWAS, Indian River Comity, Florida (thea "County"), hentofma <br />adqpW a elution 2, 1988, gelating to profold, Ino. (the <br />" tion"), whereby the C= -&y auth=ized the iwum= of its revenue <br />bonds for the paVma of paying the cost of AQgdsit , =Mtr=ion mid <br />&Vipping of the Corpmticanls proposed facility c isting of certain <br />lemd, hAldings, struaturss and SquiWent to be uauad as a manufacturing <br />facility (the "Project") which shall b" located in Indian River County, <br />Florida; and <br />%MMS, the Comity is a.:thorized to issue industrial <br />dv;*laPnent Menue bmAs to finance the Project pursuant to the <br />Praviaicns Of the Florida industrial. Deivel.7nent Financirq Act, Part I1 of <br />Chapter 159, Florida Statutes, as =ended; and <br />WKMMS? in ardW to Batiafy the require=t of Section 147(f) <br />of the It*A=Ml RetrW a Gods of 1986, as amranded, the Com%ty held a public <br />hearing en the proposed i5WJanoe of $973,000 industrial develepnent <br />revenue bonder to fist= the Project (the jjBondajo) cn the dAte of adrpticn <br />hemf, mare than 14 days follming the first publication of notice of <br />ffir-h clic hearing in a newspaper of geneeral circulation in Indian River <br />County, Florida (a true and G==ate copy of the publication of notice is <br />attached ha eto as Edlibit nen) , which public hearing was =.a� in a <br />manner that provided a xeas'abl,e opportunity for perscm with differing <br />views to be heard an both tiers issuance of the Bch and the location grad <br />rAture of the ejecta ad <br />SAS, the Board of County 0CMnissioners of Indian River <br />County, Florida, is taxis elected legislative body of the county, <br />
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