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1984-048
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1984-048
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Last modified
4/20/2023 3:13:48 PM
Creation date
4/20/2023 3:13:21 PM
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Resolutions
Resolution Number
1984-048
Approved Date
07/11/1984
Subject
Authorizing the issuance of improvements bonds not to exceed $2,500,00 to finance the cost
of the SR-60 waterline and Resolution was adopted with the changes as voted on
and carried 4-0
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but only in the manner, subject to the limitations and upon <br />payment of the charges, if any, ?rovided in the Resolution, and <br />upon surrender and cancellation of this bond. Upon any such <br />transfer, there shall be executed and the Bond Registrar shall <br />deliver, a new fully registered bond or bonds, payable to the <br />transferee, in authorized denominations and in the same aggregate <br />principal amount, series, maturity and interest rate as this <br />bond. <br />In like manner, subject to and upon the payment of such <br />charges, if any, the registered owner of this bond may surrender <br />the same (together with a written authorization for exchange <br />satisfactory to the Bond Registrar duly executed by the regis- <br />tered owner or his duly authorized attorney) in exchange for an <br />equal aggregate principal amount of fully registered bonds in <br />authorized denominations and of the same series, maturity and <br />interest rate as this bond. <br />It is hereby certified and recited that all acts, con- <br />ditions and things required to exist, to happen and to be per- <br />formed precedent to and in the issuance of this bond exist, have <br />happened and have been performed in regular and due form and time <br />as required by the Constitution and laws of the State of Florida <br />applicable thereto. <br />This bond is and has all the qualities and incidents of <br />a negotiable instrument under the laws of the State of Florida. <br />(Insert redemption provisions) <br />Notice of such redemption shall be given in the manner <br />provided in the Resolution. <br />This bond shall not be valid or become obligatory for <br />any purpose or be entitled to any security or benefit under the <br />Resolution until the certificate of authentication hereon shall <br />have been executed by the Bond Registrar. <br />IN WITNESS WHEREOF, Indian River County, Florida, has <br />issued this bond and has caused the same to be executed by the <br />Chairman of its Board of County Commissioners and attested and <br />-13- <br />
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