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RESOLUTION NO. 82-34 <br />A"RESOLUTION AUTHORIZING THE EXECUTION <br />AND DELIVERY BY INDIAN RIVER COUNTY, <br />FLORIDA, OF A LETTER OF INTENT AND <br />INDUCEMENT TO ROBERT H. DAVIS AND WILLIAM <br />A. DAVIS WITH RESPECT TO THE ISSUANCE BY <br />THE COUNTY OF INDUSTRIAL DEVELOPMENT <br />REVENUE BONDS TO FINANCE THE COST OF THE <br />ACQUISITION, CONSTRUCTION AND EQUIPMENT <br />OF AN INDUSTRIAL OR MANUFACTURING PLANT <br />IN THE COUNTY; AND PROVIDING AN EFFECTIVE <br />DATE. <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA: <br />SECTION 1. AUTHORITY FOR THIS RESOLUTION. This resolu- <br />tion is adopted pursuant to the provisions of Ch. 159, Part II, <br />Fla. Stat. (1981), the "Act," and other applicable provisions of <br />law. <br />SECTION 2. FINDINGS. It is hereby ascertained, deter- <br />mined and declared as follows: <br />A. Indian River County, Florida (the "Issuer"), is <br />authorized by the Act to make and execute financing agreements, <br />contracts, deeds and other instruments necessary or convenient <br />for the purpose of facilitating the financing of the acquisition, <br />construction and equipment of projects, as defined in the Act, <br />including machinery, equipment, land, rights in land and other <br />appurtenances and facilities related thereto, to the end that the <br />issuer may be able to promote the ecomomic growth of the State of <br />-1- <br />