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1983-102
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1983-102
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Last modified
3/28/2023 3:08:25 PM
Creation date
3/28/2023 3:04:57 PM
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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)
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rhe Bonds of this issue are subject to redemption, at <br />the? ,,rti.,rn ..:,f the Issuer, as a whole or in part, by lot if less <br />than ·,11, rm the date 5 years after the date of the Loan <br />.\gr<J<J;.ient lnd on any date thereafter, at the price of the unpaid <br />prin=iral ~mount of the Bonds to be redeemed, plus accrued <br />interl.!$t to the date of redemption, without premium. <br />~ny such redemption, either in whole or in part, shall <br />be :n-iJe upon at least 30 days' and no more than 60 days' (except <br />w1.t.!1 :'.L!spect to redemption at the optio11 of the holders of the <br />i3011Js) :1r1.or notice in the manner and upon the terms and con- <br />J iti~ns provided in the Indenture. If this Bond or any portion <br />ther:~of shall have been duly called for redemption and payment of <br />':.hl.! ::-e.Jcmr,tion price, together with unpaid interest accrued to <br />the Lit-! ::i:<e<i for redemption, shall have been made or provided <br />for, 11 l .15 more fully set forth in the Indenture, interest on <br />thi3 BonJ or such portion shall cease to accrue from such date, <br />and ::r:.Jm .:1n<l .:ifter such date this Bond or such portion shall no <br />lon·~.:?r ·.Je •?ntit.led to any lien, benefit. or security under the <br />!n..l<'.!nt:.1rc, <1nd the registered owner hereof and thereof shall have <br />no riJhts ~xcept to receive payment of such redemption price and <br />unp:\iol i.:-iterest accrued to the date fixed for redemption. If <br />less than the entire principal amount of this Bond shal l be <br />c.:i.lled ::or redemption, the holder hereof shall, on the redemption <br /><lat•~, 'iUo,nit this Bond to the Trustee for notation hereon of the <br />port1.□n of ~he unpaid principal amount so redeemed. <br />This ~ond shall not be entitled to any benefit under the <br />Indenture or be valid or become obligatory for any purpose until <br />this BonJ shall have been authenticated by the execution by the <br />;:1anual si<Jnature of a duly authorizeu signatory of the Trustee of <br />the Trustee's certificate of authentication hereon. <br />:lo covenant or agreement contained in this Bond or the <br />InJonture ~h<lll be deemed to be a covenant or agreement of any <br />o[ficLal, agent or employee of the I ssuer in his individual <br />c.:1p.Jcity, and neither the members of the Ooard of County <br />Comnissioners of the Issuer nor any official executing this Bond <br />shall ~o liable personally on this Bond or be subject to any per- <br />son<1l l i.,:ibi lity or accountability by reason of the issuance of <br />this iJond. <br />To the extent permitted by and as provided in the Inclen- <br />turo, rno~ifications or alterations of the Indenture, or of any <br />inuentun~ supplemental thereto, and of the riqhts and obligations <br />of tne Issuer and of the holders of the Aonds in any particular <br />1nay b~ maJe with the consent of the narrower and (a) the holders <br />of not l~ss than 51% in aggregate principal amount of the Bon~s
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