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RESOLU'T'ION NO. 85-75 <br />A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, <br />AUTHORIZING THE REFUNDING OF PRESENTLY OUT- <br />STANDING CAPITAL IMPROVEMENT REVENUE BONDS, <br />® SERIES 1980 AND SERIES 1981 OF THE; COUNTY; <br />AUTHORIZING THE CONSTRUCTION, RECONSTRUCTION, <br />FURNISHING AND EQUIPPING OF CERTAIN CAPITAL. <br />FACILITIES; PROVIDING FOR THE ISSUANCE OF NOT <br />® EXCEEDING $25,000,000 REFUNDING AND IMPROVE- <br />MENT REVENUE BONDS, SERIES 1985, OF THE COUNTY <br />TO BE APPLIED TO REFUND THE PRINCIPAL AND <br />INTEREST OF SUCH PRESENTLY OUTSTANDING <br />OBLIGATIONS AND TO PAY THE COST OF THE <br />PROJECT; PROVIDING FOR THE PAYMENT OF SAID <br />BONDS FROM THE SALES TAX RECEIVED BY THE <br />COUNTY; MAKING CERTAIN COVENANTS AND AGREE- <br />MENTS IN CONNEC'rION THEREWITH; PROVIDING <br />u AN EFFECTIVE 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 the provisions of Chapters 125 and 279, <br />Florida Statutes, County Home Rule Ordinance No. 77-19, enacted <br />August 3, 1977 and effective August 9, 197 as amended, and other <br />applicable provisions of law. <br />SECTION 2. L48FINITIONS. Unless the context otherwise <br />requires, the tem'§ defined in this section shall have the mean- <br />ings specified in this section. Words importing singular number <br />shall include the plural number in each case and vice versa, and <br />words importing persons shall include firms and corporations. <br />A. "Accountant" shall mean the independent Certified <br />Public Accountant or firm of Certified Public Accountants at the <br />time employed by the Issuer under the provisions of this resolu- <br />tion to perform and carry out the duties imposed on the Accountant <br />by this resolution. <br />B. "Act" shall mean Chapters 125 and 279, Florida <br />Statutes, County Home Rule Ordinance No. 77-19, enacted August 3, <br />1977 and effective August 9, 1977, as amended, and other appli- <br />cable provisions of law. <br />C. "Additional Parity Obligations" shall mean additional <br />obligations issued in compliance with the terms, conditions and <br />limitations contained herein and which shall have an equal lien on <br />the Sales Tax as herein defined, and rank equally in all respects <br />-1- <br />