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1985-036
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1985-036
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Last modified
4/27/2023 10:02:26 AM
Creation date
4/27/2023 10:01:58 AM
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Resolutions
Resolution Number
1985-036
Approved Date
03/20/1985
Subject
Authorizing issuance of not exceeding $5,165,000 Improvement Bonds, Series, #2 of IRC to finance the
Acquisition & Construction of certain sewage collection & treatment improvements
to the combined water & sewer system of the County
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r in the open market at a price not to exceed such redemption <br />® price. <br />In addition, the Bonds or portions thereof, shall be <br />• redeemable at any time, at the option of the County, in whole or <br />in part, by lot if less than all, at the price of the principal <br />amount thereof, plus accrued interest to the date of redemption. <br />At least 10 days prior to the redemption date, notice of. <br />A • such redemption shall be filed with the paying agent and shall be <br />mailed, postage prepaid, to all Registered Owners of Bonds to be <br />redeemed at their respective addresses as they appear on the <br />registration books. Interest shall cease to accrue on any Bonds <br />duly called for prior redemption, after the redemption date, if <br />payment thereof has been duly provided. The privilege of <br />transfer or exchange of any of the Bonds is suspended for a 15 <br />day period preceding the mailing of the notice of redemption. <br />SECTION 12. FORM OF BONDS. The text of the Bonds, the <br />validation certificate and the certificate of authentication <br />thereon shall be in substantially the following form, with such <br />omissions, insertions and variations as may be necessary and <br />desirable and authorized or permitted by this resolution or any <br />subsequent resolution adopted prior to the issuance thereof, or <br />as may be necessary to comply with applicable laws, rules and <br />regulations of the United States and she State of Florida in <br />effect upon the issuance thereof: <br />-11- <br />
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