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1979-001
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1979-001
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Last modified
2/16/2023 11:01:01 AM
Creation date
2/16/2023 11:00:02 AM
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Resolutions
Resolution Number
1979-001
Approved Date
01/04/1979
Resolution Type
W & S Revenue Bonds
Subject
Authorizing issuance of $236,000 W & S Revenue Bonds
to finance Gifford Systms Expansion & Authorized Attorney
to file Bond Validation Suit
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2.05 Execution of. Bonds. The Bonds shall be executed <br />® in the name of the Issuer with the manual or facsimile signature <br />of the Chairman of its Board of County Commissioners and the cor- <br />porate seal of the Board of County Commissioners of the Issuer shall <br />be impressed thereon, attested and countersigned with the manual or <br />O <br />facsimile signature of the Clerk, provided that the signature of one <br />of such officers shall be manually executed thereon. In case any <br />one or more of the officers who shall have signed or sealed any of <br />the Bonds or whose facsimile signature shall appear thereon shall <br />cease to be such officer of the Issuer before the Bonds so signed <br />and sealed have been actually sold and delivered, such Bonds may <br />nevertheless be sold and delivered as herein provided and may be <br />issued as if the person who signed or sealed such Bonds had not <br />ceased to hold such office. The validation certificate endorsed on <br />the Bonds shall be executed with the manual or facsimile signature <br />of the Chairman of such Board. Any Bond may be signed and sealed on <br />behalf of'the Issuer by such person who at the actual time of the <br />execution of such Bond shall hold the proper office of the Issuer, <br />although at the date of such Bonds such person may not have held <br />such office or may not have been so authorized. The coupons attached <br />to the Bonds shall be authenticated with the facsimile signatures of <br />any present or future Chairman of such Board and Clerk of the Issuer. <br />The Issuer may adopt and use for such purposes the facsiriile signa- <br />tures of any such persons who shall have held such offices at any <br />time after the date of the adoption.of this instrument, notwith- <br />standing that either or both shall have ceased to hold such office <br />at the time the Bonds shall be actually sold and delivered. <br />2.06 Negotiability and Registration. The Bonds shall <br />be and shall. have all the qualities and incidents of negotiable <br />instruments under the law merchant and the Laws of the state of <br />Florida, and each successive holder, in accepting any of the <br />Bonds or the coupons appertaining thereto, shall be conclusively <br />deemed to have agreed that the, Bonds shall be and have all of <br />the qualities and incidents of: negotiable ills tr.u!nent:s. <br />The Bonds may be registered, at the option of t:he <br />holdor, as to both pri.nc.i.pal and intero:A: upon the hook;; k(,t)t: <br />.4- <br />
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