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RESOLUTION NO. 81-89 A RESOLUTION OF THE BOARD OF COUNTY COMMIS- SIONERS OF INDIAN RIVER COUNTY, FLORIDA, FIXING THE DATE, MATURITIES, INTEREST RATES, AND REDEMPTION PROVISIONS FOR THE $725,000 CAPITAL IMPROVEMENT REVENUE BONDS, SERIES 1981, OF THE COUNTY; DESIGNATING THE PAYING AGENT FOR SAID BONDS; AWARDING SAID BONDS TO THE PURCHASER THEREOF; AUTHORIZING USE OF AN OFFICIAL STATEMENT FOR SAID BONDS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Hoard of County Commissioners (the "Board" of Indian River County, Florida (the "County"), has heretofore by a resolution adopted on May 61 1981, as thereafter amended by a resolution adopted May 20, 1981 (hereinafter collectively called "Resolution"), authorized the issuance of $725,000 Capital Improvement Revenue Bonds, Series 1981 (the "Bonds"); and WHEREAS, the Board deems it in the best interest of the County that said Bonds be sold at this time; and WHEREAS, it is necessary to fix the date, maturities, interest rates, and redemption provisions for the Bonds; and WHEREAS, it is necessary to designate a paying agent for the Bonds; and WHEREAS, the Board deems it is in the best financial interest of the County that said Bonds be sold at negotiated sale for the reasons hereinafter set forth; and WHEREAS, The Leedy Corporation (hereinafter called "Purchaser"), has submitted a proposal for the purchase of said Bonds; and WHEREAS, it is necessary to authorize the use of an Official Statement for said Bonds; now therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA: SECTION 1. The $725,000 Capital Improvement Revenue Bonds, Series 1981, shall be dated October 1, 1981, shall bear interest, payable semiannually on April 1 and October 1 at the rates per annum, and shall mature in numerical order on October 1 in the years and amounts as follows: -1-