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1986-041
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1986-041
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Last modified
5/23/2023 2:05:21 PM
Creation date
5/23/2023 2:05:15 PM
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Resolutions
Resolution Number
1986-041
Approved Date
07/16/1986
Subject
Issuance of General Obligations Bonds of IRC, FL in one or more series, in an aggregate
principal amount not to exceed $5,900,000 to finance the cost of improvements to &
expansion of the Public Library System & Services in the County
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n <br />SECTION 3. <br />BOND REFERENDUM, <br />A bond referendum of the qualified electors residing in <br />the County is hereby called to be held on Sept. 2, 1986, to <br />determine whether or not the issuance of general obligation bonds <br />in one or more series in an aggregate principal amount not to <br />exceed FIVE MILLION NINE HUNDRED THOUSAND DOLLARS shall be <br />approved by such qualified electors to finance the cost of <br />improvements to and expansion of the library system expansion <br />together with other purposes necessary, appurtenant or incidental <br />thereto, including all costs of the issuance of the bonds. <br />All qualified electors residing in the County shall be <br />entitled and permitted to vote in such bond referendum. The <br />places of voting and the inspectors and clerks for the bond <br />referendum shall be the same as those places designated and those <br />persons appointed for the general election to be held in the <br />County on the same date. The polls will be open at the voting <br />places from 7:00 A.M. until 7:00 P.M. on the said day. <br />SECTION 4. <br />OFFICIAL BALLOT. <br />County election equipment shall be used at such bond <br />referendum and the ballot to be used shall be in substantially the <br />following form: <br />OFFICIAL BALLOT <br />INDIAN RIVER COUNTY, FLORIDA <br />BOND REFERENDUM - SEPT. 2, 1986 <br />Shall Indian River County, Florida, issue <br />general obligation bonds, in one or more <br />series, in an aggregate principal amount not <br />r "� �' '. �•,r -i.ng interest at the <br />t <br />3:, l.'.ng ;:h i maximum rate <br />-aa -it the time of the <br />1a'.�irmi.ned upon sale <br />Lat,ar t.ian 30 years <br />t),er.aof, payable <br />i • r. ? _ ; [ sc, �n ;ll. taxable <br />F a.thoa: limit as to rate <br />:)I- ,' ittan W ing the cost <br />!•1 o tpansion of the public <br />and be_,:vices Ln the County as <br />�PeL t -..ply 6-�,,.:rib,2d and provided in the <br />Resolution of the Board of County Commissioners <br />adopted July 16 , 1986 <br />-2- <br />
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