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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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ARTICLE X <br />MISCELLANEOUS <br />SECTION 10.01. SALE OF BONDS. The Bonds shall be issued and sold at public <br />or private sale at one time or in installments from time to time and at such price or prices as shall <br />be consistent with the provisions of the Act, the requirements of this Resolution and other <br />applicable provisions of law. <br />SECTION 10.02. SEVERABILITY OF INVALID PROVISIONS. If any one or <br />more of the covenants, agreements or provisions of this Resolution shall be held contrary to any <br />express provision of law or contrary to the policy of express law, though not expressly prohibited, <br />or against public policy, or shall for any reason whatsoever be held invalid, then such covenants, <br />agreements or provisions shall be null and void and shall be deemed separable from the remaining <br />covenants, agreements and provisions of this Resolution and shall in no way affect the validity of <br />any of the other covenants, agreements or provisions hereof or of the Bonds issued hereunder. <br />SECTION 10.03. VALIDATION AUTHORIZED. To the extent deemed necessary <br />by Bond Counsel or desirable by the County Attorney, Bond Counsel is authorized to institute <br />appropriate proceedings for validation of the Bonds herein authorized pursuant to Chapter 75, <br />Florida Statutes. <br />SECTION 10.04. REPEAL OF INCONSISTENT RESOLUTIONS. All <br />ordinances, resolutions or parts thereof in conflict herewith are hereby superseded and repealed to <br />the extent of such conflict. <br />SECTION 10.05. EFFECTIVE DATE. This Resolution shall become effective <br />immediately upon its passage. <br />(REMAINDER OF PAGE INTENTIONALLY LEFT BLANK) <br />35 <br />
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