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1985-075
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1985-075
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Last modified
5/1/2023 11:38:48 AM
Creation date
5/1/2023 11:38:06 AM
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Resolutions
Resolution Number
1985-075
Approved Date
07/10/1985
Subject
Authorizing the refunding of presently outstanding capital improvement revenue bonds,
Series 1980 & Series 1981 of the County, providing for the issuance of not exceeding $25,000,000
refunding & improvement revenue bonds, Series 1985
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•i <br />S. "Project" shall mean the construction, reconstruction, <br />acquisition, alteration, furnishing and equipping of buildings <br />and capital facilities of the County for administrative, law <br />enforcement, judicial, jail, medical use, recreational. facilities, <br />excluding beach renourishment, and other facilities to house <br />governmental services in the County, all pursuant to the plans <br />and specifications of a Qualified Independent Consultant on file, <br />or to be on file, with the Issuer_. <br />T. "Sales Tax" shall mean the portion of the proceeds of <br />the local government half -cent sales tax on deposit from time to <br />time in the Local Government Half -Cent Sales Ta}: Clearing Trust <br />Fund in the State Treasury of the State of Florida, allocated for <br />and distributed monthly to the County pursuant to Chapter 218, Part <br />VI, Florida Statutes. <br />U. "Qualified Independent Consultant" shall mean one or <br />more qualified and recognized independent consultants, having <br />favorable repute, skill and experience, with respect to the acts <br />and duties required of a Qualified Independent Consultant to be <br />provided to the Issuer, as shall from time to time be retained by <br />the Issuer to perform the acts and carry out the duties herein pro- <br />vided for such consultants. <br />V. "Record Date" shall mean the 15th day of the month <br />immediately preceding any interest payment date for the Bonds. <br />W. "Refunded Bonds" means the Issuer's outstanding <br />Capital Improvement Revenue Bonds, Series 1980, dated April 1, <br />1980, and Capital Improvement Revenue Bonds, Series 1981, dated <br />October 1, 1981. <br />X. "Registered Owner" shall mean the owner of any Bond or <br />Bonds as shown on the registration books of the Issuer maintained <br />by the Bond Registrar. <br />Y. "Serial Bonds" shall mean the Bonds of a series which <br />shall be stated to mature in semiannual or annual installments. <br />Z. "Series 1985 Bonds" shall mean the Bonds herein <br />authorized to be issued. <br />AA. "Term Bonds" shall mean the Bonds of a series which <br />-7- <br />
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