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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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matured or be about to mature, instead of issuing a substitute <br />.Bond the Issuer may pay the sante, upon being indemnified as <br />aforesaid, and if such Bond be lost, stolen or destroyed, with- <br />out surrender thereof. <br />Any such duplicate Bonds issued pursuant to this <br />section shall constitute original, additional contractual obli- <br />gations on the part of the Issuer whether or not the lost, <br />stolen or destroyed Bonds be at any time found by anyone, and <br />such duplicate Bonds shall be entitled to equal and proportion- <br />ate benefits and rights as to lien on and source and security <br />for payment from the funds, as hereinafter pledged, to the <br />same extent as all other Bonds issued hereunder. <br />2.08 Form of Bonds. The text of the Bonds shall. be <br />in substantially the following form, with only such omissions, <br />insertions and variations as may be necessary an desirable <br />and approved by the Chairman of the Board of County Commissioners <br />of the Issuer prior to the issuance thereof (which necessity and/ <br />or desirability and approval shall be presumed by his execution of <br />the Bonds and the Issuer's delivery of the Bonds to the purchaser <br />thereof): <br />No. $ <br />UNITED STATES OF ANM RICA <br />STATE OF FLORIDA <br />COUNTY OF INDIAN RIVER <br />WATER AND SEWER REVENUE BOND, SERIES 1979 <br />KNOW ALL MEN BY THESE PRESENTS, that the County of <br />Indian River, Florida (the "Issuer"), a public body created and <br />existing under and by virtue of the Laws of the State of Florida, <br />for value received, hereby promises to pay to the bearer., or if <br />this Bond be registered, to the registered holder as herein pro- <br />vided, on the first day of September, 19`, from the special funds <br />hereinafter mentioned, the principal sum of <br />.DOLLARS <br />and to pay interest thereon, from the date of the delivery of <br />this Bond, to the purchaser thereof., solely from such special <br />funds, it the rate of: _ _ per cent iml (_ %) <br />per x111111111, payable on September .1, 1979, and annually thererlfter <br />-0- <br />
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