Laserfiche WebLink
11 <br />RESOLUTION NO. 83_6 <br />A RESOLUTION PROVIDING FOR THE REFUNDING OF <br />CERTAIN OUTSTANDING REVENUE OBLIGATIONS OF <br />INDIAN RIVER COUNTY, FLORIDA, AND THE CON- <br />STRUCTION AND EQUIPPING OF ADDITIONAL COURT- <br />ROOM FACILITIES; AUTHORIZING THE ISSUANCE OF <br />NOT EXCEEDING $5,700,000 CAPITAL IMPROVEMENT <br />REVENUE BONDS, SERIES 1983, TO FINANCE THE <br />COST THEREOF; AND PROVIDING FOR THE PAYMENT OF <br />THE PRINCIPAL OF AND INTEREST ON SUCH BONDS <br />FROM THE RACE TRACK FUNDS AND JAI ALAI FRONTON <br />FUNDS ACCRUING ANNUALLY TO INDIAN RIVER <br />COUNTY, FLORIDA, PURSUANT TO LAW. <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA (hereinafter referred to as "Board"), <br />that: <br />SECTION 1, AUTHORITY FOR RESOLUTION. This resolution <br />is adopted pursuant to the provisions of Chapter 125, Florida <br />Statutes, Indian River County Ordina;ice No. 77-19, enacted August <br />3, 1977, and effective August 9, 1977, as amended, Chapter 83-271, <br />Laws_of Florida, Acts of 1983, and other applicable provisions of <br />law. <br />SECTION 2. DEFINITIONS. The following terms shall have <br />the following meanings herein, unless the text otherwise expressly <br />requires. Words importing singular number shall include the <br />plural number in each case and vice versa, and words importing <br />persons shall include firms and corporations. <br />A. "County" shall mean Indian River County, Florida. <br />B. "Board" shall mean the Board of County Commissioners <br />of Indian River County, Florida. <br />C. "Act" shall mean Chapter 125, Florida Statutes, <br />Indian River County Ordinance No. 77-19, enacted August 3, 1977, <br />and effective August 9, 1977, as amended, Chapter 83-271, Laws of <br />Florida, Acts of 1983, and other applicable provisions of law. <br />D. "Resolution" shall mean this resolution. <br />E. "Bonds" shall mean the Capital Improvement Revenue <br />Bonds, Series 1983, herein authorized to be issued. <br />F. "Serial Bonds" shall mean any Bonds for the payment <br />of the principal of which, at the maturity thereoF, no fixed <br />i <br />-1- <br />