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FF" - <br />24 <br />be publicly opened and read aloud, for the purchase of general obligation bonds of the County <br />of Indian River, Florida, in the aggregate principal amount of ;p3d,500. (being pert of an <br />authorized issue of V4b,b00.) . <br />Said bonds are of the demomi natio n of V1,000 except bond No, 1 which is of the denomina- <br />tion of X500, bear interest at tie rote of four per centum (47) per annum payable on March 1 <br />and September 1 in each year, first interest payable March 1, 1936, are payable at' the office <br />of The Indian River Citrus Bank, Vero eeaahq Florida, or, at the option of the holder, at <br />Chemical Bank & 'frust Company in bew Yom, N,,Y. are redeemable at the option of the County in <br />inverse mmerica.l order at par plus accrued interest on aW interest payment date after <br />publication once each week for four consecutive weeks in a financial newspaper published in <br />New York, X,Y.of notice of intention to redeem the bonds specified in said notice, first <br />publication of such notice to be not more than 60 days nor less than 30 days prior to the <br />redemption date, are registerable at the option of the holder as to principal only, and are <br />aerial coupon bonds maturing: 0500. September 1, 1937; 01000 -September 1, 1938-1939 inclusive) <br />02000 'September l,. 1940-1951 inclusive and *3000 September 1, 1952..1955 inclusive. <br />Any and all bide may be rejected if the Board of County Commissioners shall deem it to <br />the beet interest of the County so to do. <br />Board of County Commissioners of <br />Indian: River County, Florida,. <br />Frmk C Vickers <br />E. P. Poole <br />Edwin A- He lseth <br />R. E. ladge <br />J .J.P.Hami.lton <br />The motion for the adoption of the resolution was seconded by Commissioner Poole and the <br />roll ssahlcmlled as follows: ayes: Commissioner -s Hamilton; Poole; Helseth; ]fudge and Vickers. <br />Nayss None. The Chairman declared the resolution adopted. <br />There being no further business on motion made, seconded and carried the Board then <br />adjourned until the regular meeting to be held Tuesday, February 4th 1936, <br />ATTEST: <br />C e r k. <br />- - n • w - w • o - • - w o .� - e - - • - - - - - - - - - - - - o - - - - - - - • - - - - - - <br />1 <br />LJ� <br />