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RESOLUTION NO. 84-40 (a) <br />A RESOLUTION PROVIDING FOR THE FINANCING OF <br />THE ACQUISITION, CONSTRUCTION AND EQUIPMENT <br />OF AN APPROXIMATELY 40,000 SQUARE FOOT <br />INDUSTRIAL FACILITY FOR THE DESIGN, ENGINEER- <br />ING AND MANUFACTURE OF COMPUTER SYSTEMS, SUB- <br />SYSTEMS AND PERIPHERALS, AND OTHER ELECTRONIC <br />" SYSTEMS, LOCATED AT 10300 COUNTY ROAD 12 <br />(FELLSMERE) IN INDIAN RIVER COUNTY, FLORIDA; <br />PROVIDING FOR THE To+ i Nno <br />u io:�LnCv�.a Or NOT EXCEEDING <br />$2,500,000 INDUSTRIAL DEVELOPMENT REVENUE <br />BONDS, SERIES 1984 (HETRA PROJECT), OF <br />INDIAN RIVER COUNTY, FLORIDA, THE PROCEEDS <br />OF WHICH WILL BE LOANED TO HETRA COMPUTER <br />AND COMMUNICATIONS INDUSTRIES, INC., THE <br />OWNER OF SUCH PROJECT, TO PAY THE COST <br />THEREOF; PROVIDING FOR THE RIGHTS OF THE <br />HOLDERS OF SUCH BONDS AND FOR THE PAYMENT <br />THEREOF; APPOINTING A TRUSTEE AND PAYING <br />AGENT FOR THE HOLDERS OF THE BONDS; AUTH- <br />ORIZING THE SALE OF THE BONDS AND EXECU- <br />TION ANn DRT.TVRRV OF a TRUST INvDENITURE <br />AND A LOAN AGREEMENT, MORTGAGE AND SECURITY <br />AGREEMENT; MAKING CERTAIN OTHER COVENANTS <br />AND AGREEMENTS IN CONNECTION WITH THE <br />ISSUANCE OF THE BONDS; AND PROVIDING AN <br />EFFECTIVE DATE. <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA: <br />SECTION 1. AUTHORITY FOR RESOLUTION. This resolution <br />is adopted pursuant to Chapter 159, Part II, Florida Statutes, <br />and other applicable provisions of law (collectively, the "Act"). <br />SECTION 2. DEFINITIONS. Unless the context otherwise <br />requires, the terms used in this resolution shall have the <br />meanings specified in the Trust Indenture (the "Indenture") and <br />Loan Agreement, Mortgage and Security Agreement (the "Loan <br />Agreement") attached hereto as Exhibits A and B, respectively. <br />SECTION 3. FINDINGS. It is hereby ascertained, deter- <br />mined and declared as follows: <br />-1- <br />