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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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County Commissioners (unless otherwise in this Indenture specifi- <br />cally prescribed), and any resolution of the Issuer may be evi- <br />denced to the Trustee by a copy thereof certified by the Clerk of <br />the Board of County Co~nissioners of the Issuer; <br />(c) any request, direction, election, order or demand <br />of the Borrower shall be sufficiently evidenced by an instrument <br />s19ned in the name of the Borrower by its Pt"esident or Vice <br />President (unless otherwise in this Indenture specifically <br />prescribed), or its managing partner, whichever is applicable, <br />and any resolution of the Borrower may be evidenced to the <br />Trustee by a copy thereof certified by the Secretary or Assistant <br />Secretary of the Borrower; <br />(d) the Trustee may consult with counsel, including <br />counsel who rendered the approving opinion on the Bonds to the <br />initial purchasers thereof, and the written advice or opinion <br />of such counsel shall be full and complete authorization and <br />protection in respect of any action taken, suffered or omitted <br />by it hereunder in good faith and in reliance thereon; <br />(e) whenever, in the administration of the trusts of <br />this Indenture, the Trustee shall deem it necessar:-y or desirable <br />that a matter be proved or established prior to taking, suffering <br />or omitting any action hereunder, such matter (unless other evi- <br />dence in respect thereof be herein specifically prescribed) may, <br />in the absence of negligence or bad faith on the part of the <br />Trustee, be deemed to be conclusively proved and established by a <br />certificate of the Issuer:-, and such certificate of the Issuer <br />shall, in the absence of negligence or bad faith on the part of <br />the Trustee, be full authority to the Trustee for any action <br />taken, suffered or omitted by it under the provisions of tllis <br />Indenture upon the faith theraof; <br />(f) the Trustee shall be under no obligation to exer- <br />cise any of the rights or powe rs vested in it by this Indenture <br />at the request or direction of any of the Bondholders pursuant <br />to this Indenture, unless such Bondholders shall have offered to <br />the Trustee reasonable security or indemnity against the costs, <br />expenses and liabilities which might reasonably be incurred by it <br />in compliance with such request or direction; <br />(g} the Trustee shall not be bound to make any investi- <br />gation into the facts or matters stated in any resolution, cer- <br />tificate, statement, instrument, opinion, report, notice, <br />request, direction, consent, order, bond, d ebenture or other <br />paper or document, but the 1'r:-ustee, in its discretion, may make <br />such further inquiry or investigation into s uch facts or matters <br />as it may see fit; <br />-62-
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