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2025-061
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Last modified
10/13/2025 12:21:41 PM
Creation date
10/13/2025 12:18:40 PM
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Resolutions
Resolution Number
2025-061
Approved Date
10/07/2025
Agenda Item Number
14.C
Resolution Type
Authorizing the Sale of Recenue Bonds
Entity Name
Sandridge Golf Club
Subject
Authorizing Capital Revenue Bonds for the Sandridge Golf Club new clubhouse.
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purchase Bonds in lieu of optional redemption, no notice to the holders of the Bonds to be so <br />purchased (other than the notice of redemption otherwise required under this Resolution) shall be <br />required, and the Paying Agent, as trustee, shall be authorized to apply to such purchase the funds <br />which would have been used to pay the Redemption Price for such Bonds if such Bonds had been <br />redeemed rather than purchased. Each Bond so purchased shall not be canceled or discharged and <br />shall be registered in the name of the Issuer. Bonds to be purchased under this Resolution in the <br />manner set forth above which are not delivered to the Paying Agent, as trustee, on the purchase <br />date shall be deemed to have been so purchased and not optionally redeemed on the purchase date <br />and shall cease to accrue interest as to the former holder thereof on the purchase date. <br />(REMAINDER OF PAGE INTENTIONALLY LEFT BLANK) <br />Fla <br />
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