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1979-116
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1979-116
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Last modified
2/20/2023 2:21:44 PM
Creation date
2/20/2023 2:21:16 PM
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Resolutions
Resolution Number
1979-116
Approved Date
11/21/1979
Subject
$4,350,000 Bond Issue for Renovation fo County Administration Complex
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w <br />No. $5,000 <br />UNITED STATES OF AMERICA <br />STATE OF FLORIDA <br />INDIAN RIVER COUNTY <br />CAPITAL IMPROVEMENT REVENUE BOND, SERIES 1980 <br />KNOW ALL MEN 13Y THESE PRESENTS, that Indian River <br />County, Florida (hereinafter referred to as "County"), for value <br />received hereby promises to hay to the hearer, or it this bond he <br />registered, to the registered holder as herein provided, on the <br />first day of T , 19r, solely from the special funds <br />hereinafter mentioned, the principal sum of <br />FIVE THOUSAND DOLLARS <br />and to pay interest thereon from the date of this bond until <br />payment of such principal sum at the rate of <br />per centum (_%) per annum, payable semi—annually on the first <br />day of and the first day of of each year upon the <br />presentation and surren]er of the annexed coupons as they <br />severally fall due. Both principal of and interest on this bond <br />are payable at , <br />or at the option of the holder, at <br />, in lawful money of the <br />United States of America. <br />This hond is one of an authorized issue of bonds, in an <br />aggregate principal amount not exceeding Four Million Three <br />Hundred Fifty Thousand Doltars ($4,350,000), of like late, tenor <br />and effect except as to number, interest rate (if all bonds do <br />not bear the same rate), and date of maturity, issued to finance <br />the cost of the reconstruction, alteration, furnishing and <br />equipping of an Administration Building, Courthouse and Annexes <br />in the County, under the authority of and in full compliance with <br />the Constitution and Statutes of the State of Florida, including <br />particularly Chapter. 125, Florida Statutes, County Ordinance No, <br />77-19, enacted August 3, 1977, and effective August 9, 1977, and other <br />applicable provisions of law, and a resolution duly adopted by the <br />Board of County Commissioners of such County (the "Board") on the <br />-10- <br />
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