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"A RESOLUTION PROVIDING FOR THE ISSUANCE OF <br />REVENUE AND GENERAL OBLIGATION NOTES OF <br />INDIAN RIVER COUNTY, FLORIDA, NOT TO EXCEED <br />$1,350,000 TO PAY THE COST OF ADVANCING FUNDS <br />FOR SOLID WASTE DISPOSAI, IMPROVEME=NTS; <br />PLEDGING REVENUES OF THE PROJECT AND AD <br />VALOREM TAXES FOR REPAYMENT THEREOF AND <br />CONTAINING OTHER PROVISIONS RELATING TO <br />THE NOTES; PROVIDING AN EFFECTIVE DATE. <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA (hereinafter called "Board") that: <br />SECTION 1. AUTHORITY FOR RESOLUTION. This resolution <br />is adopted pursuant to the provisions of Section 125.01, Florida <br />Statutes,, Chapter 159, Part I, Florida Statutes, and other applicable <br />provisions of law. <br />SECTION 2. FINDINGS. It is hereby found, determined <br />and declared as follows, that: - <br />A. Itis necessary, desirable, and in the best interest <br />Of Indian River County, Florida (hereinafter called "County"), and <br />its inhabitants that revenue and general obligation notes in an <br />amount not exceeding $1,350,000.00 be issued to advance funds for <br />solid waste disposal system improvements, including the acquisition <br />Of land and equipment therefor (herein called "Project"). <br />B. Such revenue and general obligation notes together <br />with all other outstanding general obligation bonded indebtedness <br />of the County will. not exceed any statutory debt limitation. <br />SECTION 3. RESOLUTION TO CONSTITUTE CONTRACT. In con- <br />sideration of the acceptance of the Notes authorized to be issued <br />hereunder by those who shall hold the same from time to time, this <br />resolution shall be deemed to be and shall constitute a contract <br />between the County and such holders. The covenants and agreements <br />herein set forth to be performed by the County shall. be for the <br />equal benefit, protection and security of the legal holders of any <br />and all of such Notes, all of which shall be.of equal rank and <br />without preference, priority or distinction of any of the Notes <br />over any other thereof, except as expressly provide; therein and <br />herein. <br />SECTION 9. AUTHORIZATION OF NOTES. For the purpose of <br />advancing funds to finance the cost of the Project, there are hereby <br />