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• <br />E-1 <br />• <br />of <br />Resolution, be increased to a rate per annum which shall result <br />in the net amount of interest received by the Bank, after payment <br />of such increased taxes, to equal the amount the Bank would have <br />received had no such increase in tax been payable; provided, <br />however, that the maximum interest rate per annum this bond may <br />bear is 8 per annum. <br />This bond is one of an authorized issue of bonds, in the <br />aggregate principal amount of not exceeding $5,165,000, issued to <br />finance the cost of the acquisition and construction of certain <br />sewage collection and treatment improvements to the combined <br />water and sewer system of the County (hereinafter called <br />"Project"), under the authority of and in fu'.1 compliance with <br />the Constitution and Statutes of the State of Florida, including <br />particularly ordinance No. 83-46 of the County, as amended, the <br />applicable provisions of Chapter 170, Florida Statutes (1983), <br />and other applicable provisions of law, and a resolution duly <br />adopted by the Board of County Commissioners of the County on <br />, 1985 (hereinafter called "Resolution"), and is sub- <br />ject to all the terms and conditions of such Resolution. <br />This bond is payable from and secured by a lien upon and <br />a pledge of the proceeds of special assessments for impact fees <br />levied against benefited property to finance the cost of the <br />acquisition and construction of the Project, and the interest and <br />penalties on such special assessments (hereinafter collectively <br />called "Assessments"); junior, subordinate and inferior to the <br />lien thereon of the holders of the outstanding Water and Sewer <br />Revenue Bonds, Series 1979, dated August 30, 1979, Water and <br />Sewer Revenue Bonds, Second Series 1979, dated May 21, 1981, <br />Water Revenue Bond, Series 1980 (South County Water System), <br />dated September 30, 1982, and Water and Sewer Revenue Bonds, <br />Series 1982, Anticipation Notes, dated December 1, 1982, of the <br />County; and the Water and Sewer Revenue Bonds, Series 1982, of <br />the County, authorized but unissued. In addition, this bond <br />shall be payable from funds of the County derived from sources <br />-13- <br />