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1984-036
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1984-036
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Last modified
4/18/2023 2:31:50 PM
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4/18/2023 2:31:16 PM
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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
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Owners of all of such Bonds; drovided further, however, that no <br />modification or amendment of this Resolution or of any resolution <br />amendatory hereof or supplemental hereto may be made which shall. <br />allow or permit any acceleration of the payment of principal of or <br />s <br />interest on the Bonds upon any default in the payment thereof, <br />whether or not the Registered Owners of the Bonds consent thereto. <br />SECTION 24. SEVERABILITY. It any one or more of the <br />covenants, agreements or provisions of this Resolution shall be <br />0 held contrary to any express provision of law or contrary to the <br />policy of express law, though not expressly prohibited, or <br />against public policy, or shall for any reason whatsoever be held <br />invalid, then such covenants, agreements or provisions shall be <br />null and void and shall be deemed separate from the remaining <br />covenants, agreements or provisions, and in no way affect the <br />validity of all the other provisions of this Resolution or of the <br />Bonds issued thereunder. <br />SECTION 25. EFFECTIVE DATE. This Resolution shall take <br />effect immediately upon its adoption. <br />The foregoing resolution was offered by Commissioner <br />Lyons who moved its adoption. The motion was seconded <br />by Commissioner Bird _ and, upon being put to a vote, the <br />vote was as follows: <br />Chairman Don C. Scurlock, Jr. Aye <br />Vice -Chairman Patrick B. Lyons Ave <br />Commissioner Richard N. Bird Aye <br />Commissioner Margaret C. Bowman Absent <br />Commissioner William C. Wodtke, Jr. Aye <br />The Chairman thereupon <br />uN��� declared the resolution duly <br />passed and adopted this 23rd day of May 1984. <br />BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA <br />By <br />DON `C. SCU CR, JR. <br />_ Chai man <br />Attest:. �`lo ' L>> <br />FREDA WRIGHT U <br />Clerk <br />APPROVED AS F <br />i AND LEGAL F <br />BY !� <br />BRANDENB <br />ou y Attorney <br />
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