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<br />incipal of said bonds as the same respectively become due.
<br />The proceeds collected from the levy of said taxes shall be deposited in the Indian
<br />Iver County Court House Bonds Sinking Fund and shall be used for no -purpose other than the
<br />ayment of the principal of -and interest on said bonds as and when the same respectively become
<br />Iduee
<br />Section 8. This resolution sahll take effect immediately.
<br />The motion for the adoption of the resolution was seconded by Cem.ssioner Vickers
<br />land upon roll call the vote was as follows:
<br />jAyes: Commissioners Ston, Mudge, Vickers, Poole and Helseth..
<br />Rays: None.
<br />The chairman, declared the resolution duly adopted.
<br />Commissioner Vickers then proposed the rollowing resolution which was read in full as
<br />follove:
<br />BE IT RESOLVED by the Board of County Commissioners of the County of Indian River,
<br />Florida:
<br />That pursuant to authority given by the freeholders of Indian River County, Florida., at
<br />an election held December 169 1935, at which the issuance of general obligation bonds of the
<br />County of Indian River, Florida., in the aggregate principal amount of 945,500 for the purpose
<br />of financing the conetruction of a. Court House in and for Indian River County was authorized,
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<br />$389500 of said bonds be sold at this time, and that the following notice of sale of wird
<br />bonds be published in the Vero Beach Press -Journal and in the issues of such paper dated
<br />Jama.ry 17, 24, 319 February 7, and 14, 19386
<br />NOTIC OF 'SALE OF -BONDS
<br />Bids will 4ba re vived by the (Board of
<br />County Commissioners of Ind*n 'River
<br />* County; Floi ida, at the office of the Clerk.
<br />of the Cir uit urt of Indin River'
<br />County in Vero eact, Florid up to
<br />two o'clock P. M. It. S. T. February 17,
<br />1936, ,at ' ich , time all bids 11 received
<br />Will be pub ,iely opened and read aloud,
<br />for the purchase 'p';of general obligation
<br />bonds of the County of Indian River,
<br />Florida, in the aggregate principal am-
<br />ount of $3400 (being part of an auth-
<br />orized issue of $464`800).
<br />Said bon are df the denomination of
<br />$1,000, except bon No. 1 which is of
<br />the denomin tion 'f $600, bear interest
<br />at, the rate of for liar eentu . ob%)
<br />Per annum i Kayable Ion March 1 4nd Sep-
<br />tember' 1 in �eh yhar, first interest pay-
<br />able March 1931 are payable' at the
<br />office of The India'J River .Citr`� Bank,
<br />Vero Beach, 'l Florictt, or, at the option
<br />of the holders at . Chemical Bank '& Trust
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<br />Company in I New Cork, N. Y. +are re-
<br />deemable at the op�ion of the County in
<br />inT-erse numerical order at par plus' ac-
<br />cruedinterest on 4ny interest �aymen4
<br />date after I ublicatian once escla week
<br />for four coin adtaitive, weeks In a Ananeial
<br />n010 yspaperiished1 in New 3iorisl1 N. X.,
<br />of 16006 of I ltent%to redeem the bonds
<br />spe619ed in (laid n4fee, first publleatlon
<br />of such noti to i e not more *.0 60
<br />days nor lead � than .p.90 days prior' to the
<br />redemption d}ite, are registerable at the
<br />option of the l holderi, as to principal only,,
<br />and are said L coupon bonds maturing:
<br />$500 Septem�'�Qir 1, 1837; $1000 September
<br />1, 1938-1939 inclusive; $2000 September
<br />1, 1940-1951.Inaluside and $3000 Septem-
<br />ber 1, 1952,1665 ingkusive.
<br />Any and a bidsi; may , be rejected if
<br />the Board of lCountj 03mmissio4ieshall ,
<br />deem it to th I best i�terest of the County
<br />so to da p;
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<br />aid oi' County Comitils-
<br />sio ere o Indfart. Rivor
<br />i;Florida.
<br />Tan 17 24 311 Feb. 7 & 14
<br />Bids will be received by the Board of County Commissioners of Indian River County,Flo-
<br />rido,, at the office of the Clerk of the Circuit Court of Indian River County in Ve ro. Beach,
<br />Florida., up to two 01e10ck P.m. B.B.T.gebruvxy 17, 1936, at which time all biers received wall
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