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1979-116
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1979-116
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2/20/2023 2:21:44 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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s <br />the appurtenant interest coupons as they severally mature. <br />SECTION 7. EXECUTION OF OBLIGATIONS AND COUPONS. The <br />Obligations shall be executed in the name of the County by the <br />Chairman of the Board and countersigned and attested by its <br />Clerk, and its corporate seal or facsimile thereof shall he <br />affixed thereto or reproduced thereon. The facsimile signature <br />of the Chairman or the Clerk may be imprinted or reproduced on <br />the Obligations, provided that at least one signature required to <br />be placed thereon shall be manually subscribed. In case any one <br />or more of the officers who shall have signed or sealed any of <br />the Obligations shall cease to be such officer of the Board <br />before the Obligations so signed and sealed shall have been <br />actually sold and delivered, such Obligations may nevertheless be <br />sold and delivered as herein provided and may be issued as if the <br />person who signed or sealed such Obligations had not ceased to <br />hold such office. Any Obligation may be signed and sealed on <br />behalf of the County by such person who at the actual time of the <br />execution of such Obligations shall hold the proper office in the <br />County, although at the date of such Obligations such person may <br />not have held such office or may not have been so authorized. <br />The coupons attached.to the Obligations shall be authen- <br />ticated with the facsimile signature of any present or future <br />Chairman of the Board, and the validation certificate on said <br />Obligations shall be executed with the facsimile signature of said <br />Chairman. The Board may adopt and use for such purposes the fac- <br />simile signature of any person who shall have been such Chairman <br />at any time on or after the date of the Obligations, not- <br />withstanding that he may have ceased to be such officer at the <br />time such Obligations shall be actually sold and delivered. <br />SECTION 8. NEGOTIABILITY AND REGISTRATION. The <br />Obligations issued hereunder shall be and shall have all of the <br />qualities and incidents of negotiable instruments under the law <br />merchant and the laws of the State of Florida, and each suc- <br />cessive Holder, in accepting any of said Obligations or the <br />-6- <br />
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