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RESOLUTION NO. 2000- 100 <br />advance certain funds to pay costs of the Project. It is not reasonably expected that the total amount <br />of debt to be incurred by the Issuer to reimburse itself for expenditures paid with respect to the <br />Project will exceed $18,000,000. This Resolution is intended to constitute a "declaration of official <br />intent" within the meaning of Section 1.150-2 of the Income Tax Regulations. <br />SECTION 3. SEVERABILITY. If any one or more of the provisions of this Resolution shall <br />for any reason be held illegal or invalid, such illegality or invalidity shall not affect any other provision <br />of this Resolution, but this Resolution shall be construed and enforced as if such illegal or invalid <br />provision had not been contained therein. <br />SECTION 4. REPEALING CLAUSE. All resolutions or orders and parts thereof in conflict <br />herewith to the extent of such conflicts, are hereby superseded and repealed. <br />SECTION 5. EFFECTIVE DATE. This resolution shall take effect immediately upon its <br />adoption. <br />PASSED AND ADOPTED the !th day of September, 2000. <br />(SEAL) <br />ATTEST: <br />6ete;ty- 4erk = _ - . <br />Approved as to form <br />and legal sufficiency. <br />Y <br />County Aforneyl <br />September 7, 2000 <br />BK 115 PG 034 <br />BOARD OF COUNTY CONMSSIONERS <br />INDIAN RIVER COUNTY, FLORIDA <br />0 0 <br />