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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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anJ interest accrued thereon to the date of purchase, or (2) if <br />no iJon.13 then Out.st.anding and available for such purpose have been <br />Jesi3nace~ in ~riting by the Borrower within 10 days after the <br />~a~pld~ion Date, select by lot and call for redemptiG~ Bonds at <br />the ~arliest possible date, the aggregate unpaid principal amount <br />of ~hicn together with the applicable redemption premium and <br />Lnt<?rest \>ayable thereon to the date of redemption will most <br />nu~rl1 ~xhaust the money in the Redemption Account, pursuant to <br />the r:n::-.::ivi.;ions of Section '2,3(b){ii.i) and Article VIII of this <br />lnJentur~. ~fter completion of such red~nption, the Trustee <br />sh.:i.Ll leposit any balance of money rew_,ining in the Redemption <br />~~~aunt ~o ~he credit of the Bond Fund. Money so held in the <br />~~Je8~tion Account shall be invested at a r.ate not to exceed the <br />yi~LJ )n ~he ~ands. <br />-39-
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