1983-063 - Laserfiche WebLink

Home Browse Search

P. "Fiscal Year" shall mean the period commencing on October 1 of each year and ending on the succeeding September 30 or such other annual period as may be prescribed by law from time to time for the County. Q. "Federal Securities" shall mean direct obligations of the United States of America and obligations the principal of and interest on which are fully guaranteed by the United States of America, none of which permit redemption prior to maturity at the option of the obligor. R. "Project" shall mean the completion of the recon- struction, alteration, furnishing and equipping of certain capi- tal facilities of the County for use as an Administration Building, Courthouse and Annexes and the construction and acqui- sition of additional courtroom facilities, all pursuant to the plans and specifications of the Consulting Architect on file, or to be on file, with the County. S. "Bond Registrar" shall mean the officer of the County or such bank or trust company, located within or without the State of Florida, who shall maintain the registration books of the County and who shall be responsible for the registration of and for transfer of the Bonds. T. "Registered Owner" shall mean the owner of any Bond or Bonds as shown on the Books of the County maintained by the Bond Registrar. U. "Record Date" shall mean the 15th day of the month immediately preceding any interest payment date for the Bonds. SECTION 3. FINDINGS. It is hereby ascertained, deter- mined and declared that: A. The County now receives the Race Track Funds which are not pledged or encumbered in any manner except to the payment of the Refunded Bonds, which pledge will be defeased pursuant to the refunding program herein authorized. B. The County has previously issued the Refunded Bonds, of which the sum of not exceeding $4,995,000 principal amount -4-