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RESOLUTION NO. 25- 0 3 7 <br />A RESOLUTION OF THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, <br />FLORIDA PROVIDING CONSENT TO THE FLORIDA <br />DEVELOPMENT FINANCE CORPORATION TO THE <br />ISSUANCE OF REVENUE BONDS ON BEHALF OF <br />BRIGHTLINE HOLDINGS LLC AND/OR CERTAIN <br />AFFILIATES; AND PROVIDING AN EFFECTIVE DATE. <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS (THE <br />"BOARD") OF INDIAN RIVER COUNTY, FLORIDA: <br />WHEREAS, the Florida Development Finance Corporation (the "Issuer") was created <br />by the Florida Development Finance Corporation Act, Chapter 288, Part X, Florida Statutes (the <br />"Act"), which provides, in part, that the Issuer may issue bonds to finance and refinance projects <br />for the benefit of Florida businesses to enhance the economic development of the State of Florida <br />(the "State"), provided that the Issuer has entered into an interlocal agreement with the local <br />governmental agency in which the project will be located; and <br />WHEREAS, the Issuer and the Board of County Commissioners of Indian River County, <br />Florida (the "Board") have previously entered into a joinder to interlocal agreement, as amended <br />(the "Interlocal Agreement") pursuant to the Act and the Florida Interlocal Cooperation Act of <br />1969, as amended, which agreement remains in full force and effect, to permit the Issuer to issue <br />revenue bonds to finance and refinance projects located within the jurisdictional limits of Indian <br />River County, Florida (the "County"), subject to the Board's reserved right to consent to each <br />such project; and <br />WHEREAS, Brightline Holdings LLC, or one or more of its affiliates, subsidiaries or <br />related entities (collectively, the "Borrower") has requested the issuance of the Issuer's revenue <br />bonds in the amount of up to $400,000,000 (the "Bonds"), to directly or indirectly (i) finance or <br />