My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
1984-036
CBCC
>
Resolutions
>
1980'S
>
1984
>
1984-036
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/18/2023 2:31:50 PM
Creation date
4/18/2023 2:31:16 PM
Metadata
Fields
Template:
Resolutions
Resolution Number
1984-036
Approved Date
05/23/1984
Subject
Authorizing ther issuance o $1,000,000 Capital Improvement Revenue Bonds (junior Lien)
for the same purpose & authorized validation of same with understanding that no further action
in connection with the actual refinancing will be taken without first coming to the commission
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
32
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
' . M <br />Owner of any Bond or Bonds or his transferee. <br />L. "Senior Lien Bonds" shall mean the not exceeding <br />$5,700,000 Capital Improvement Revenue Bonds, Series 1984, issued <br />pursuant to the Senior Lien Resolution, whether issued prior to <br />or currently with, the issuance of the Bonds, the lien of which <br />on the Pledged Funds, as herein defined, shall be senior and <br />superior in all respects to that, of the Bonds issued hereunder. <br />M. "Senior Lien Resolution" shall mean the resolution <br />of the County authorizing the issuance of the Senior Lien Bonds. <br />N. "Race Track Funds" shall mean the first. $446,500 of <br />the Race Track Funds and Jai Alai Fronton Funds accruing annually <br />to the County under the provisions of Chapters 550 and 551, <br />Florida Statutes, and allocated to the Board pursuant to law. <br />O. "Senior Lien Resolution Investment Income" shall <br />mean the income from the investment of monies in the funds and <br />accounts established in Section 18 of the Senior Lien Resolution <br />and deposited into the Revenue Fund created by Section 18A of the <br />Senior Lien Resolution. <br />P. "Pledged Revenues" shall mean the Race Track Funds <br />and the Senior Lien Resolution Investment Income. <br />Q. "Authorized Investments" shall mean any of the <br />following if and to the extent the same are at the time legal for <br />investment of municipal funds; (a) direct obligations of or obli- <br />gations guaranteed by the United States; (b) bonds, debentures or <br />notes issued by any of the following federal agencies: Bank for <br />Cooperatives; Federal Intermediate Credit Banks; Federal Home <br />Loan Bank System Export -Import Bank of Washington, Federal Land <br />Banks; or the Federal National Mortgage Association (including <br />Participation Certificates); (c) Public Housing Bonds, Temporary <br />Notes, or Preliminary Loan Notes fully secured by contracts with <br />the United States; (d) full faith and credit obligations of any <br />State, provided that at the time of purchase such obligations <br />are rated in either of the two highest. rating categories by two <br />nationally recognized bond rating agencies; (e) corporate deben- <br />-3- <br />
The URL can be used to link to this page
Your browser does not support the video tag.