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1978-089
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1978-089
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Last modified
2/9/2023 2:48:13 PM
Creation date
2/9/2023 2:47:55 PM
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Template:
Resolutions
Resolution Number
1978-089
Approved Date
12/06/1978
Subject
Authorizing 5 Promissory Notes (Mid-Florida Interim Financing), Opiniorn, Arbitrage Certificate, etc
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UNITED ST:.TES OF ._.E°ICA <br />STATE OF FLORIDA <br />COUNTY 0: INDIAN RIVER <br />REVENUE AND GENERAL OBLIGATION NOTE <br />KNOB ALL MEN BY THESE PRESENTS, that Indian River County, <br />Florida (hereinafter referred to as "County"), for value received, <br />hereby promises to pay to the bearer, or if this Note be registered, <br />to the registered holder as herein provided, on December 13, 1979, <br />the principal sum of Dollars ($ <br />with interest thereon at the rate of six and forty hundredths per <br />centum (6.400 per annum, payable at the maturity hereof, upon <br />presentation and sur.rr!nder of this 'dote. Both principal of and <br />interest on this Note are payable in lawful money of the United <br />States of America at The Chase Manhattan Bank, N.A., New York, New <br />York. For thF. prompt pa7r-,, rit of the principal of and interest on <br />this Note as the game shall become due, the rr>%,L-nues of the project <br />(hc:rn_inaft_er referred to), and, if necessarj', the ad valorem taxing <br />power of the County for thE' fiscal ,rear 1979-30 3t. an annual <br />rate not to exceed ten (10) trills on the dollar of assessed value, <br />are hereby irrevocanl pled=,epi. <br />This Note is one of an authorized issue of notes in the <br />aggr#_;ate principal amount of 523S,CrA0 of like date, tenor anFi <br />effect, except as to number an£I .3enomination, issued to advance <br />funds to fillance th cost raf t. ),F acquisition o° a wat<.-r stem <br />ji <br />(herein called the "project"), under thr: authority of and in full <br />compliance with tiic constituticrti ,anri :>tatut+s of the State of <br />Florida, includinq Section 125.01, E'lorizizk l;tatutes, Chapter 159, <br />Part 1, Florida Statutes, and -A.her applicable provisions of law, <br />and pursuant to a re:,olution of the County duly adopted on the 6th <br />day of December, 1978 (hereinafter called "Resolution"). This Notc <br />is subject to all they terms and conditions of said Resolution. <br />It is certified and recited that all acts, conditions and <br />things required to happen, to exist and to be performed, precedent <br />to and In the issuance of this Note, have happened, exist, and have <br />2 <br />
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