My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
1983-102
CBCC
>
Resolutions
>
1980'S
>
1983
>
1983-102
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/28/2023 3:08:25 PM
Creation date
3/28/2023 3:04:57 PM
Metadata
Fields
Template:
Resolutions
Resolution Number
1983-102
Approved Date
10/19/1983
Subject
Providing for the financing of the acquition construction & equipment of a
120 Bed Nursing Home Facility located on 37th Street, Providing for Industrial
Development Revenue Bonds (Florida Health Facilities Project)
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
188
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
principal of and interest on this Band, when due and payable, <br />shall be paid to the registered owner hereof by che~k or draft <br />mailed, or wire transfer made, to such person at his address last <br />appearing on the Bond Register. 1'he Trustee shall mai~tain <br />accurate records of the payment of the installments of the prin- <br />cipal of, premium, if any, and interest an this Bond. <br />This Bond is one of a duly authorized issue of Bonds of <br />the Issuer designated as "Industrial ,evelopment Revenue Bonds, <br />Series 1983 (Florida Health Facilities Project)," the "Bands," <br />issued in the aggregate principal amount of ~2,400,000 under and <br />pursuant to the Constitution and laws of the State of Florida, <br />particularly Chapter 159, Part II, rlorida Statutes, and other <br />applicable provisions of law, and a resolution duly adopted by <br />the Board of County Commissioners of the Issuer on <br />1983, as supplemented. The Bonds are issued under and equally <br />and ratably secured by a Trust Indenture by and between the <br />Issuer and the Trustee dated as of the date hereof (the <br />"Indenture"). The Oonds are issued for the purpose of financing <br />the cost of the acquisition, construction and equipment of a <br />120-bed nursing home, including any necessary utilities (the <br />"Project"), to be acquired by and at the ex p ense of Florida Health <br />Facilities Corp. (of Indian River County), a Florida corporation <br />(the "13orrower"), within the jurisdictional territorial limits of <br />the Issuer under and pursuant to a Loan Agreement, Mortgage and <br />Security Agreement between the Issuer and the Dorrower dated as <br />of the date hereof (the "Loan Agreement"). Subject to certain <br />conditions stated in the Indenture, additional bands may be <br />issued in one or more series for the purpose of financin.g the <br />cost of completion of the Project or the cost of additions and <br />improvements thereto. <br />Copies of the Indenture and the Loan Agreement are on <br />file at the Corporate Trust Office of the Trustee and reference <br />is made to the Indenture (and all indentures supplementary <br />thereto and amendatory thereof) and the Loan Agreement for the <br />provisions relating, among other things, to the terms and <br />security of the Bonds, the collection and disposition of the <br />revenues and receipts of the Issuer from or in connection with <br />the Loan Agr~ernent, the custody and application of the proceeds <br />of the 13o nds, the rights and remeJies of the holders of the <br />Bonds, the rights, d~ties and obligations of the Issuer, the <br />Bar.rower and the ·rrustee, an.cl the modification or amendment of <br />any of the foregoing documents. <br />The Oonds and any a<lditional bonds issued undar and se- <br />cured by the Indenture ~re anJ will be secured, to the extent <br />provided in the Indenture, by il pledge of m,d lien upon. the pro- <br />-4-
The URL can be used to link to this page
Your browser does not support the video tag.