1985-036 - Laserfiche WebLink

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• •• G. "Federal Securities" shall mean direct obligations of the United States of America or obligations the principal of and interest on which are fully guaranteed by the United States of America, none of which permit redemption prior to maturity at the option of the obligor. H. "Fiscal Year" shall mean the period beginning with and including October 1st of each year and ending with and including the next September 30th. I. "Non Ad Valorem Funds" shall mean all funds derived by the County from sources other than ad valorem taxation, legally avai?.able for the purposes specified in this resolution. S. "Prior Lien Obligations" shall mean, collectively, the outstanding Water and Sewer Revenue Bonds, Series 1979, dated August 30, 1979, Water. and Sewer Revenue Bonds, Second Series 1979, dated May 21, 1981, Water Revenue Bond, Series 1980 (South County Water System), dated September 30, 1982, and Water and Sewer Revenue Bonds, Series 1982, Anticipation Notes, dated December 1, 1982, of the County; and the Water and Sewer Revenue Bonds, Series 1982; of the County, authorized but unissued. K. "Project" shall mean the improvements to the com- bined water and sewer system of the County consisting of a sewage collection and treatment plant adjacent to State Road 60 in the unincorporated area of the County, to be acquired and constructed with the proceeds of the sale of the Bonds. L. "Record Date" shall mean the 15th day of the month immediately preceding an interest payment date for the Bonds. M. "Registered Owner" shall mean any person who shall be the owner of any outstanding Bond or Bonds as shown on the books of the County maintained by the Bond Registrar. N. Words importing the singular number shall include the plural number in each case and vice versa, and words importing persons shall include firms and corporations. SECTION 3. FINDINGS AND DETERMINATIONS. it is hereby found and determined as follows: -2-