1982-141 - Laserfiche WebLink

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6� The Notes and the coupons appertaining thereto shall be in substantially the following form, with only such omissions, insertions and variations as may be necessary and desirable and approved by the Chairman of the Board prior to the issuance thereof (which approval may be presumed by his execution of the Notes and the delivery of the Notes to the purchaser thereof): No. $ UNITED STATES OF AAERICA STATE OF FLORIDA INDIAN RIVER COUNTY WATER AND SEWER REVENUE BONDS, SERIES 1982 ANTICIPATION NOTE FOR VALUE RECEIVED, Indian River County, Florida (the "Issuer"), hereby promises to pay to the bearer hereof, at the principal office of , Florida, on May 1, 1985, solely from the special funds hereinafter mentioned, in lawful money of the United States of America, the principal sum of Dollars ($ ) and interest on such principal sum from the date hereof until maturity, at the rate of per centum ( %) per annum, such interest being payable on May 1, 1983, and semiannually thereafter on November 1 and May 1 of each year upon the presentation and surrender of the annexed coupons as they severally fall due. This Note is one of an authorized issue of Notes in the aggregate principal amount of $2,750,000, issued pursuant to the Constitution and laws of the State of Florida, particularly §215.431, Fla. Stat. (1981), and a resolution duly adopted by the Issuer on December , 1982 (the "Resolution"), in anticipa- tion of the receipt by the Issuer of the proceeds from the sale of not exceeding $2,750,700 Water and Sewer Revenue Bonds, Series 1982, of the Issuer (the "Bonds"). This Note and the interest due thereon are payable from and secured by a prior lien upon and a pledge of the proceeds to be derived from the sale of the Bonds or the sale of bond anticipation notes issued to extend and renew the indebtedness evidenced hereby and, if necessary, from and secured by a lien upon and a pledge of the gross revenues to be derived by the Issuer from the operation of the combined water and sewer system of the Issuer, junior, subordinate and inferior to the lien thereon of the holders of the outstanding Water and Sewer Revenue Bonds, Series 1979, dated August 30, 1979, Water and Sewer Revenue Bonds, Second Series 1979, dated May 21, 1981, and Water Revenue Bond, Series 1980 (South County Water System), -4-