BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
<br />INDIAN RIVER COUNTY, FLORIDA, that:
<br />SECTION 1. AUTHORITY FOR THIS RESOLUTION. This resolu-
<br />tion is adopted pursuant to Ordinance No. 83-46 of tie County, as
<br />amended, applicable provisions of Chapter 170, Florida Statutes
<br />(1983), and other applicable provisions of law.
<br />SECTION 2. DEFINITIONS. The followina terms shall have
<br />the following meanings in this resolution unless the text other-
<br />wise expressly requires:
<br />A. "Act" shall mean, collectively, Ordinance No. 83-46
<br />of the County, as amended, applicable provisions of Chapter 170,
<br />Florida Statutes (1983), and other applicable provisions of law.
<br />B. "Assessments" shall mean, collectively, the proceeds
<br />derived from the levy and collection of special assessments for
<br />impact fees against the property specially benefited by the
<br />acquisition and construction of the Project, including the
<br />interest and penalties on such special assessments.
<br />C. "Board" shall mean the Board of County Commissioners
<br />of the County.
<br />D. "Bonds" shall mean the $5,165,000 Improvement Bonds,
<br />Series No. 2, authorized and issued pursuant to this resolution,
<br />whether in certificate or book -entry form.
<br />E. "Bond Registrar" shall mean the Clerk of the Board
<br />or any bank or trust company subsequently appointed by the Board.
<br />F. "County" shall mean Indian River County, Florida.
<br />-1-
<br />RESOLUTION NO. 85-36
<br />RESOLUTION AUTHORIZING THE ISSUANCE OF NOT
<br />EXCEEDING $5,165,000 IMPROVEMENT BONDS,
<br />SERIES NO. 2, OF INDIAN RIVER COUNTY,
<br />®
<br />FLORIDA, TO FINANCE THE COST OF THE ACQUI-
<br />SITION AND CONSTRUCTION OF CERTAIN SEWAGE
<br />COLLECTION AND TREATMENT IMPROVEMENTS TO
<br />THE COMBINED WATER AND SEWER SYSTEM OF THE
<br />COUNTY; PROVIDING FOR THE RIGHTS OF THE
<br />HOLDERS THEREOF AND PLEDGING FOR THE PAY-
<br />MENT THEREOF THE PROCEEDS FROM SPECIAL
<br />ASSESSMENTS FOR IMPACT FEES LEVIED AGAINST
<br />PROPERTY SPECIALLY BENEFI'T'ED BY SUCH
<br />60
<br />IMPROVEMENTS; AND PROVIDING AN EFFECTIVE
<br />DATE.
<br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
<br />INDIAN RIVER COUNTY, FLORIDA, that:
<br />SECTION 1. AUTHORITY FOR THIS RESOLUTION. This resolu-
<br />tion is adopted pursuant to Ordinance No. 83-46 of tie County, as
<br />amended, applicable provisions of Chapter 170, Florida Statutes
<br />(1983), and other applicable provisions of law.
<br />SECTION 2. DEFINITIONS. The followina terms shall have
<br />the following meanings in this resolution unless the text other-
<br />wise expressly requires:
<br />A. "Act" shall mean, collectively, Ordinance No. 83-46
<br />of the County, as amended, applicable provisions of Chapter 170,
<br />Florida Statutes (1983), and other applicable provisions of law.
<br />B. "Assessments" shall mean, collectively, the proceeds
<br />derived from the levy and collection of special assessments for
<br />impact fees against the property specially benefited by the
<br />acquisition and construction of the Project, including the
<br />interest and penalties on such special assessments.
<br />C. "Board" shall mean the Board of County Commissioners
<br />of the County.
<br />D. "Bonds" shall mean the $5,165,000 Improvement Bonds,
<br />Series No. 2, authorized and issued pursuant to this resolution,
<br />whether in certificate or book -entry form.
<br />E. "Bond Registrar" shall mean the Clerk of the Board
<br />or any bank or trust company subsequently appointed by the Board.
<br />F. "County" shall mean Indian River County, Florida.
<br />-1-
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