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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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db <br />•f <br />ARTICLE V <br />MISCELLANEOUS <br />5.01 Term. This Agreement shall commence upon its exe- <br />cution and delivery and shall terminate when the Notes applicable <br />thereto have been paid and discharged in accordance with the pro- <br />visions of this Agreement or until there shall have been irrevo- <br />cably set apart a sum sufficient to pay, when due, the principal <br />of and interest on the Notes, or adequate provision shall have <br />otherwise been made for the payment of the same as described in <br />Section 12G of the Notes Resolution. <br />5.02 Severability. In case any one or more of the pro- <br />visions of this Agreement or of the Notes shall, for arty reason, <br />by held to be illegal or invalid, such illegality or invalidity <br />shall riot affect any other provisions of this Agreement or of the <br />Notes, and this Agreement and the Notes shall be construed and <br />enforced as if such illegal or invalid provisions had not been <br />contained herein or therein. <br />5.03 Csunterparts. This Agreement may be executed in <br />several counterparts, all or any of which shall be regarded for <br />all purposes as originals and shall constitute and be but one and <br />the same instrument. <br />5.04 Governing Law. This Agreement shall be construed <br />under the laws of the State of Florida. <br />IN WITNESS WHEREOF, the parties hereto have caused this <br />Agreement to be executed by their duly authorized officers and <br />their corporate seals to be hereto affixed and attested, all as <br />of the day of December, 1982. <br />INDIAN RIVER COUNTY, FLORIDA <br />By <br />Chairman <br />-14- <br />
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