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1982-141
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1982-141
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Last modified
3/20/2023 11:11:59 AM
Creation date
3/20/2023 11:11:24 AM
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Resolutions
Resolution Number
1982-141
Approved Date
12/23/1982
Subject
Authorizing the issuance of not exceeding $2,750,000 Water & Sewer Revenue Bonds
Series 1982, Anticipation notes of IRC & entering into certain covernants &
agreements with ther holders thereof
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0 <br />EXHIBIT A <br />ESCROW DEPOSIT AGREEMENT <br />In consideration of the facts hereinafter recited and of <br />the mutual covenants and agreements herein contained, INDIAN <br />RIVER COUNTY, a political subdivision c•eated and existing under <br />the laws of the State of Florida (the "Issuer"), and <br />, FLORIDA, as trustee (theT� rustee ), <br />do hereby agree as follows: <br />ARTICLE I <br />GENERAL <br />1.01 Definitions. When used in this Agreement, the <br />following terms shall have the following meanings, unless the <br />text clearly otherwise requires: <br />"Agreement" shall mean this Escrow Deposit Agreement. <br />"Bonds" shall mean the Water and Sewer Revenue Bonds, <br />Series 1982, of the Issuer authorized to be issued in an aggre- <br />gate principal amount not exceeding $2,750,700 pursuant to the <br />Enabling Instrument (hereinafter defined). <br />"Clerk" shall mean the Clerk of the Board of County <br />Commissioners of the Issuer. <br />"Chairman" shall mean the Chairman of the Board of <br />County Commissioners of the Issuer. <br />"Construction Fund" shall mean the fund created pursuant <br />to the Enabling Instrument and held by the Trustee as depository. <br />"Consulting Engineers" shall mean Sverdrup & Parcel and <br />Associates, Inc., the Issuer's Consulting Engineers for the <br />Project (hereinafter defined). <br />"Consulting Engineers' Representative" shall mean the <br />person from time to time designated as such by written notice to <br />the Trustee signed by the president or any vice president of the <br />Consulting Engineers. <br />"Cost," when used in connection with the Project, shall <br />mean all expenses necessary, appurtenant or incidental to the <br />-1- <br />
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