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RESOLUTION NO. 77-110 <br />A RESOLUTION PROVIDING FOR THE ACQUISITION <br />AND CONSTRUCTION OF A SOLID WASTE DISPOSAL <br />SYSTEM OF INDIAN RIVER COUNTY, FLORIDA; <br />PROVIDING FOR THE ISSUANCE OF NOT EXCEEDING <br />$1,815,000 SOLID WASTE DISPOSAL SYSTEM <br />REVENUE BONDS, SERIES 1977, OF SUCH COUNTY <br />TO PAY THE COST OF SUCH PROJECT AND THE <br />REPAYMENT OF CERTAIN OUTSTANDING OBLIGATIONS <br />ISSUED FOR SUCH PURPOSE; PROVIDING FOR THE <br />RIGHTS OF THE HOLDERS OF SUCH BONDS; PROVIDING <br />FOR THE PAYMENT THEREOF; AND MAKING CERTAIN <br />OTHER COVENANTS AND AGREEMENTS IN CONNECTION <br />WITH THE ISSUANCE OF SUCH BONDS. <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA: <br />SECTION 1. AUTHORITY FOR THIS RESOLUTION. This resolution <br />is adopted pursuant to Chapter 159, Part I, Florida Statutes, Section <br />125.01, et seq., Florida Statutes, County Ordinance No. 77-19 enacted <br />August 3, 1977, Chapter 218, Part II, Florida Statutes, and other <br />applicable provisions of law. <br />SECTION 2. DEFINITIONS. The following terms shall have <br />the following meanings herein, unless the text otherwise expressly <br />requires: <br />A. "Is.uer" shall mean Indian River County, Florida. <br />B. "Act" shall mean Chapter 159, Part I, Florida Statutes, <br />Section 125.01, et seq., Florida Statutes, County Ordinance No. <br />77-19 enacted August 3, 1977, and chapter 218, Part II, Florida <br />Statutes. <br />C. "Obligations" shall mean the $1,815,000 Solid Waste <br />Disposal System Revenue Bonds, Series 1977 herein authorized to be <br />issued, together with any additional parity obligations hereafter <br />issued under the terms, conditions and limitations contained herein. <br />D. "Holder of obligations" or "Obligation holders" or any <br />similar term shall mean any person who shall be the bearer or owner <br />of any outstanding Obligation or Obligations registered to bearer, <br />or not registered or the registered owner of any such Obligation or. <br />Obligations which shall at the time be registered other than to <br />bearer. <br />E. "Additional Parity Obligations" shall mean additional <br />Obligations issued in compliance with the terms, conditions and <br />