1981-028 - Laserfiche WebLink

Home Browse Search

r RESOLUTION NO. 81-28 A RESOLUTION AMENDING RESOLUTION NO. 78-6 DULY ADOPTED ON JANUARY 23, 1978, BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, ENTITLED: "RESOLUTION PROVIDING FOR THE ACQUISITION OF A WATER AND SEWER SYSTEM IN INDIAN RIVER COUNTY, FLORIDA, AND THE CONSTRUCTION AND ERECTION OF EXTENSIONS AND IMPROVEMENTS THERETO; AUTHORIZING THE ISSUANCE BY THE COUNTY OF NOT EXCEEDING $402,500 WATER AND SEWER REVENUE BONDS, SERIES 1979, TO FINANCE A PART OF THE COST THEREOF; PLEDGING THE GROSS REVENUES OF SUCH SYSTEM TO SECURE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON THE BONDS; AND PROVIDING FOR THE RIGHTS OF THE HOLDERS OF THE BONDS." TO MORE PAP. ICULARLY DESCRIBE THE SYSTEM; AND PROVIDING AN EFFECTIVE DATE. BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS (hereinafter called "Board") OF INDIAN RIVER COUNTY, FLORIDA, that: SECTION 1. AUTHORITY FOR THIS RESOLUTION. This resolu- tion is adopted pursuant to Ch. 159, Fla. StaL. (1979), and other applicable provisions of law. SECTION 2. FINDINGS. It is hereby ascertained, deter- mined and declared that: A. The Board heretofore duly adopted on January 23, 1978, Resolution No. 78-6 entitled: "RESOLUTION PROVIDING FOR THE ACQUISITION OF A WATER AND SEWER SYSTEM IN INDIAN RIVER COUNTY, FLORIDA, AND THE CONSTRUCTION AND ERECTION OF EXTENSIONS AND IMPROVEMENTS THERETO; AUTHORIZING THE ISSUANCE BY THE COUNTY OF NOT EXCEEDING $402,500 WATER AND SEWER REVENUE BONDS, SERIES 1979, TO FINANCE A PART OF THE COST THEREOF; PLEDGING THE GROSS REVENUES OF SUCH SYSTEM TO SECURE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON THE BONDS; AND PROVIDING FOR THE RIGHTS OF THE HOLDERS OF THE BONDS." (hereinafter called "Resolution"). B. It is necessary and desirable to amend the Resolution to more particularly describe the System, as defined in the Resolution. SECTION 3. AMENDMENT TO RESOLUTION. Subsection 1.02(A) I