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1982-123
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1982-123
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Last modified
3/17/2023 3:20:04 PM
Creation date
3/17/2023 3:19:51 PM
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Resolutions
Resolution Number
1982-123
Approved Date
11/17/1982
Subject
Providing for the issuance of bonds, not to exceed $5,000 for the acquisition of Beachfront Lands
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of Indian River County, Florida, on the day of , <br />198_ (herein respectively called the "Board" and the "Resolution"). <br />This Bond is subject to all the terms and conditions of said <br />Resolution. <br />(Insert Redemption Provisions) <br />Notice of such redemption shall be given in the manner <br />provided by the Resolution. <br />This Bond may be transferred only upon the books of the <br />County kept by the Bond Registrar under the Resolution upon surrender <br />thereof at the principal office.of the Bond Registrar with an <br />assignment duly executed by the registered owner or his duly autho- <br />rized attorney, but only in the manner, subject to the limitations <br />and upon payment of the charges provided in the Resolution, and upon <br />surrender and cancellation of this Bond. Upon any such transfer, <br />there shall be executed in the -name of the transferee, and the Bond <br />Registrar shall deliver, a new registered Bond or Bonds in the same <br />aggregate principal amount and maturity and interest rate of the <br />authorized denominations as the surrendered Bond. <br />It is hereby certified and recited that all acts, conditions <br />and things required to happen, to exist and to be performed, prece- <br />dent to and in the issuance of this Bond, have happened, exist and <br />have been performed in due time, form and manner as required by the <br />Constitution and laws of the State of Florida, applicable thereto; <br />that the issue of Bonds of which this Bond is one has been approved <br />at an election held in accordance with the Constitution and Laws of <br />Florida on the 2nd day of November, 1982; that the total indebtedness <br />of the County, including the issue of Bonds of which this Bond is <br />one, does not exceed any constitutional or statutory -limitation; and <br />that provision has been made for the levy and collection of a direct <br />annual tax, without limitation as to rate or amount, upon all taxable <br />property within the County sufficient to pay the principal of and <br />interest on this Bond as the same shall become due, which tax shall <br />be levied and collected at the same time and in the same manner as <br />other ad valorem taxes of the County are assessed, levied and <br />IMM <br />Nor 52 <br />NO' V 17 1982 <br />
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