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1985-078
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1985-078
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Last modified
5/1/2023 3:43:31 PM
Creation date
5/1/2023 3:42:57 PM
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Resolutions
Resolution Number
1985-078
Approved Date
07/17/1985
Subject
Authorizing the issuance of not exceeding $4,200,000 recreational revenue bonds,
Series 1985, to finance the cost thereof; providing for payment of the principal & interest
on such bonds form the net revenues to be derived from the operation of the Golf Course
Racetrack Funds & Jai Alai Fronton Funds accuring annually to IRC
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M 0 <br />zuinterest rate as this bond. <br />• <br />It is hereby certified and recited that all acts, con- <br />ditions, and things required to exist, to happen and to be per- <br />® <br />9 <br />•i <br />formed precedent to and in the issuance of this bond exist, have <br />happened and have been performed in regular and due form and time <br />as required by the Statutes and Constitution of the State of <br />Florida applicable thereto; and that the issuance of this bond <br />and of the issue of bonds of which this bond is one, does not <br />violate any constitutional or statutory limitation. <br />This bond is and has all the qualities and incidents of <br />a negotiable instrument under the laws of the State of Florida. <br />(Insert redemption provisions) <br />Notice of such redemption shall be given in the manner <br />Provided in the Resolution. <br />This bond shall not be valid or become obligatory for <br />any purpose or be entitled to any security or benefit under the <br />Resolution until the certificate of authentication hereon shall <br />have been duly executed by the Bond Registrar. <br />IN WITNESS WHEREOF, Indian River County, Florida, <br />has issued this bond and has caused the same to be executed by <br />the Chairman of its Board and attested and countersigned by the <br />Clerk of its Board, either manually or with their facsimile <br />signatures, and the corporate seal of the Board or a facsimile <br />thereof to be impressed, imprinted or otherwise reproduced <br />hereon, all as of 1, 1985. <br />(SEAL) <br />ATTESTED AND COUNTERSIGNED: <br />Clerk, Board of County <br />Commissioners, Indian <br />River County, Florida <br />-16- <br />INDIAN RIVER COUNTY, FLORIDA <br />By <br />Chairman, Board of County <br />Commissioners, Indian <br />River County, Florida <br />
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