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1985-062
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1985-062
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Last modified
5/1/2023 10:51:52 AM
Creation date
5/1/2023 10:51:40 AM
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Resolutions
Resolution Number
1985-062
Approved Date
06/05/1985
Subject
Authorizing the issuance of not exceeding $5,165,000 improvement bonds, Series #2
of IRC to finane the cost of the acquisition & construction of certain sewage collection &
treatment improvements to the combined water & sewer system of the County
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• <br />• <br />to <br />RESOLUTION NO. 85-62 <br />A RESOLUTION AMENDING A RESOLUTION OF THE <br />BOARD OF COUNTY COMMISSIONERS OF INDIAN <br />RIVER COUNTY, FLORIDA, ENTITLED: <br />"RESOLUTION AUTHORIZING THE ISSUANCE OF NOT <br />EXCEEDING $5,165,000 IMPROVEMENT BONDS, <br />SERIES N0, 2, OF INDIAN RIVER COUNTY, <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 SPECIAL'. Y BENEPITE!:; BY SUCH <br />IMPROVEMENTS; AND PROVIDING AN EFFECTIVE <br />DATE." <br />DULY ADOPTED ON MARCH 20, 1985, BY <br />MAKJCNG CERTAIN 'TECHNICAL CORRECTIONS <br />TO CONFORM TO THE LOAN COMMITMENT BY <br />FLORIDA NATIONAL BANK WITH RESPECT TO <br />THE DONDS; AND PROVIDING AN EFFECTIVE <br />DATE. <br />BE IT RESOLVED BY THE BOARD OF' COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA: <br />SECTION 1. AUTHORITY FOR THIS RESOLUTION. This resolu•- <br />tion is adopted pursuant to Ordinance No. 83-46 of the County, as <br />amended, applicable provisions of Chapter 170, Florida Statutes <br />(1983), and other applicable provisions of. law. <br />SECTION 2. FINDINGS. It is hereby ascertained, deter- <br />mined and declared that: <br />A. The Board of County Commissioners of Indian River <br />County, Florida (hereinafter called "Board"), on March 20, 3.985, <br />duly adopted a resolution entitled: <br />"RESOLUTION AUTHORIZING THE ISSUANCE OF NOT <br />EXCEEDING ;5,165,000 IMPROVEMENT BONDS, <br />SERIES NO. 2, OF INDIAN RIVER COUNTY, <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 ACATNST <br />PROPERi'Y SPECIALLY BENEFITED BY SUCH <br />IMPROVEMENTS; AND PROVIDING AN EFFECTIVE <br />DATE." <br />C -C <br />
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