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2025-007
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Last modified
2/13/2025 2:02:55 PM
Creation date
2/13/2025 2:00:24 PM
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Resolutions
Resolution Number
2025-007
Approved Date
02/11/2025
Agenda Item Number
14.A.1.
Resolution Type
Revenue Bonds
Entity Name
Acts Retirement-Life Communities, Inc
Subject
Approving the issuance by the Palm Beach County Health Facilities authority of one
or more series of its retirement communities revenue bonds, Series 2025 (Acts Retirement-
Life Communities, Inc. Obligated group) in an amount not to exceed $70,000,000.
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County, the State of Florida, or any political subdivision thereof to levy or to pledge any form of <br />taxation whatsoever therefore, or to make any appropriation for their payment. <br />SECTION FIVE. Title to the health care facilities financed by the Bonds in accordance <br />with this Amendment shall be in ACTS, and neither the Authority nor the County shall have any <br />title or interest therein. <br />SECTION SIX. This Amendment shall be dated for convenience as of , 2025, and <br />shall be effective as of its execution and delivery by the parties. <br />IN WITNESS WHEREOF, this Amendment has been executed by and on behalf of the County by <br />its Chairman and the seal of said County affixed hereto and attested by the Clerk of the County, the <br />Authority has caused this Amendment to be executed by its Chairperson, its seal affixed hereto, as attested <br />by a designated member of said Authority. <br />APPROVED AS TO FORM: <br />County Attorney <br />ATTEST: <br />INDIAN RIVER COUNTY, FLORIDA <br />Joseph E. Flescher, Chairman <br />Board of County Commissioners <br />Date Approved: <br />ATTEST: <br />0 <br />Clerk of Court and Comptroller <br />Deputy Clerk <br />PALM BEACH COUNTY HEALTH <br />FACILITIES AUTHORITY <br />By: By: <br />Designated Member Chair <br />
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