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122 <br />and, <br />Whereas, said bonds and coupons vbo�e described and which have been heretofore <br />purchased by said Board of County Commissioners are subject to cancellation and have in fact <br />been paid; therefore, <br />Be It Resolved that the Board of County Commissioners of Indian River County, <br />Florida, acting for and on behalf of Special. Road and Bridge District No, 4 in said County <br />does hereby instruct and request the State hoard of Administration and State Treasurer of the <br />State of Florida as the present custodian of said bonds and coupons to proceed to cancel each <br />and all of said bonds and coupons heretofore described including all. subsequent coupons atte <br />to said bonds hereinbefore described and that upon said bonds and coupons heretofore des- <br />cribed and said subsequent coupons attached to said bonds being cancelled as herein provided, <br />the said State Board of Administration or the said State `Measurer of the State of Florida <br />shall furnish to the Board of County Commissioners of Indian River County, zlorida, a <br />certificate of the fact of such cancellationo <br />he motion for the adoption of the resoltuion being duly seconded it wqs <br />declared adopted by the following vote: <br />Ayes: Mudge, Poole, Helseth, Glover and Vickers, <br />Nays: Hone* <br />RESOLUTION <br />The following resolution was introduced by Mr. Vickers, who moved its adoption, <br />which motion was seconded by Mr. Glover* and upon roll call the vote was as follows: <br />Ayes: Mudge, Vickers# Helseth, Poole, Mover <br />Nays: None <br />Absent :None <br />Not Voting: None <br />** 000 ** <br />BE IT RESOLVED by the Board of County Commissioners for the County of Indian <br />River, State of Florida, in session duly assembled: <br />Section 1. That the Chairman of this Board be, and he is hereby, instructed <br />directed to execute the original and duplicate of the agreement set forth in Section S here- <br />of; and the Clerk of this Board be, 'and he is hereby, instructed and directed to attest the <br />signature of said Chairman on each of said instruments and affix the official seal of this <br />Board thereto* <br />Section„ 2. That the agreement shall be as follows: <br />AGREEMENT <br />THIS ® T, made and entered into this 15th day of June, A* D. 19579 by and <br />between R+► CRtMM & COMPANY, a Corporation, thereinafter referred to as "First Party') <br />and INDIAN RIVER COUNTY,'FLORIDA, SPECIAL ROAD AND BRIDGE DISTRICT N04, 4, thereinafter some- <br />times referred to a �Seeond Party' and sometimes referred to as "District") acting by and <br />through the Board of- Clot nty-Commipsioners for the County of Indian River, State of Florida, <br />thereinafter referred to as "Boarder): <br />WITNESSETH: <br />WHEREAS, First Party represents the holders of a very substantial portion of <br />the outstanding bonds of the said District; and <br />WSEREAS'Second Party deems it advisable to readjust and refund said bonded <br />indebtedness; <br />NOW, THEREFORE, in consideration of the hum of One Dollar ($1000) paid by each <br />S' <br />d <br />1 <br />1 <br />