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1986-037
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1986-037
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Last modified
5/18/2023 10:52:29 AM
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Resolutions
Resolution Number
1986-037
Approved Date
06/26/1986
Subject
Authorizing execution & delivery by IRC of a letter of intent & inducement agreement
to Florida Convalescent Centers, Inc.
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exceeding $11,800,000 in principal amount of its industrial <br />development revenue bonds on behalf of the Company, with such <br />changes therein as shall be approved from time to time by such <br />officers executing the same, such approval to be conclusively <br />evidenced by their execution thereof. <br />2. Such officers and all other officers and employees <br />of the County are hereby authorized to execute such further <br />agreements and take such further action as shall be necessary to <br />carry out the intent and purposes expressed in the letter attached <br />as Exhibit "A", upon its becoming an agreement on its execution <br />by the Company, and are further authorized to take such other <br />steps and actions as may be required and necessary in order to <br />issue such bonds. <br />3. This Resolution is an affirmative action of the <br />County toward the issuance of its bonds in accordance with the <br />purposes of the laws of the State of Florida and the applicable <br />United States Treasury Regulations. <br />4. Approved and adopted by The Board of County <br />Commissioners of Indian River County, this 25th day of June, <br />1986. <br />ATTEST;.,r; BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN IVER COUNTY, FLORIDA <br />4; m <br />IX / By : <br />-- - - -- -- -----------rTc'^-3 - -- -- -r-- - <br />reda Wrigh rk atrick F3. yo ice ��ia�rm n <br />(SEAL)- <br />Approved <br />SEAL) Approved as to Form and <br />Legal Sufficiency <br />044 a <br />--- <br />Countyt�y- <br />
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