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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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insertion in respect of such limitation permissi~le in the Donds <br />of such series: <br />{f) may contain provisions for the redemption thereof <br />at such Redemption Price or prices, at such time or times, upon <br />such notice, i n suc h manner and u pon such other terms i\nd <br />conditions, not inconsistent with the provisions of Article VIII <br />hireoE, the terms of the Loan Agreement and applicable provisions <br />of law; <br />(g) may have mandatory provisions requiring payments <br />for the purchase and sinking fun~ re~emption of such Bonds, in <br />such amounts, at such time or times, in such manner and upon such <br />terms and conditions, not inconsis tent with the provisions of <br />this Indenture; and <br />(h) may contain such provisions with respect to accel- <br />eration of maturity on the happening of specified events, and <br />such other special terms and conditions, not contrary to the pro- <br />visions hereof or of the Act; <br />as may be determined by the Issuec-and expressed from time to <br />time in one or more Supplemental Indentures. <br />Section 2.5 Donds Muti la ted , Destroyed, Stolen or <br />Lost. In the event any Outstandin g uon<l, whether temporary or <br />definitive, is mutilated, lost, stolen or destroyed, the Issuer <br />may execute, and upon the Issuer's requ es t in writing, the <br />Trustee shall authenticate and deliver, a new !3ond of the same <br />principal amount and maturity and o f like <late, tenor and effect <br />as the mutilated, lost, stolen or d estroyed Bond in e xchange and <br />substitution for such mutilated Dond, or in lieu of and substitu- <br />tion for such lost, stolen or destroyed Bond. <br />Application for exchang e and substitution of mutilated, <br />lost, stolen or des troyed Bonds s hall be made to the Trust~e at <br />the Corporate Trust Office. In every case the applicant Eor a <br />substitute Bond shall furnish lo the Issuer and to the T rustee <br />such security or indemnity as may be required by them to save <br />each of them and any Paying Agent harml es s. In every case of <br />loss, theft or destruction of a l3o nd, the applicant sha ll also <br />furni sh to the Issuer and to the Trustee evidence to their satis- <br />f.iction of the loss, theft or ues truction and of the ownership of <br />such 0ond. In every case of mutilation of a l3o nd, the applicant <br />shall surren;Jer to the Trustee tile 0ond so mutilate,}. <br />~otwithstandin3 the foregoin3 provisions of this Section <br />2.S, in the event .::iny such l3ond shall have matured, and no <br />-26-
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