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r : . It <br />Section 1. The Applicant has legal authority to <br />execute a Loan Agreement with the Depart- <br />ment as contemplated by this Resolution. <br />Section 2. The Applicant will comply with Chapter <br />74-168, Laws of Florida, and all Rules <br />and Regulations of. the Department and <br />such other Federal, State, or local <br />agencies that are concerned with the <br />development and sale of proposed project, <br />and this Application will furnish all <br />information required by the Rules and <br />Regulations of the Department. <br />Section 3. The Applicant will apply and use any <br />funds borrowed from the Department to <br />acquire, plan, design and construct <br />improvements on the land described <br />herein. <br />Section 4. The following officers of the Applicant <br />and their address namely: <br />Community Development Director and <br />William C. Wodtke, Chairman <br />Board of County Commissioners <br />2121 - 14th Avenue, Vero Beach, <br />Florida, 32960 <br />are hereby authorized to represent the <br />Applicant with the Department on behalf <br />of the Applicant. <br />Section 5. This Resolution shall take effect <br />immediately. <br />PASSED AND DULY ADOPTED this_9th day ofMay , 1979. <br />BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY FLORIDA <br />GucRM•t W _ <br />Ch man <br />ATTEST: <br />FREDA WRIGHT, Clerk, Circuit Court <br />Ex -Officio Clerk, Board of County <br />Commissioners of Indian River County, <br />Florida. <br />Byr-h��% ' <br />Clerk. <br />4APP OVED A F R ANDnCUTION: <br />I "r J 't <br />e e . Collins, Jr., Co my Attorney <br />Date: nA__' �G71g <br />