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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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facsimile; provided, however, that at least one of the <br />signatures, including that of the authorized signature for the <br />Bond Registrar, appearing on the Bonds, shall at all times be a <br />manual signature. In case any one or more of the officers of the <br />Board who shall Have signed or sealed any of the Bonds shall. <br />cease to be such officer or officers of the Board before the <br />Bonds so signed and sealed shall have been actually sold and <br />delivered, such Bonds may nevertheless be sold and delivered as <br />if the persons who signed or sealed such Bonds had not ceased to <br />hold such offices. Any Bonds may be signed and sealed on behalf <br />of the Board by such person who at the actual time of the execu- <br />tion of such Bonds shall hold the proper office, although at the <br />date of such Bonds such person may not have held such office or <br />may not have been so authorized. <br />The validation certificate on the Bonds shall be exe- <br />cuted with the manual or facsimile signature of the Chairman of <br />the Board. <br />SECTION 7. NEGOTIABILITY. The Bonds issued hereunder <br />shall be and shall have all of the qualities and incidents of <br />negotiable instruments under the laws of the State of Florida, <br />and each successive holder, in accepting any of the Bonds, shall <br />be conclusively deemed to have agreed that such Bonds shall be <br />and have all of the qualities and incidents of negotiable instru- <br />ments under the laws of the State of Florida. <br />SECTION 8. REGISTRATION. The Bond Registrar shall be <br />responsible for maintaining books for the registration of the <br />transfer and exchange of the Bonds. <br />All Bonds presented for transfer, exchange, redemption <br />or payment (if so required by the Board or the Bond Registrar) <br />shall be accompanied by a written instrument or instruments of <br />transfer or authorization for exchange, in form and with guaranty <br />of signature satisfactory to the Board or the Bond Registrar, <br />duly executed by the Registered Owner or by his duly authorized <br />attorney. In the case of partial redemption of a Bond, and in <br />-6- <br />
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