12/7/1937 - Laserfiche WebLink

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��property as would be exempt from taxation -under the provisions of the laws and Constitution of Florida which were in. force and effect at thetime_, of the creation of.. the indebtedness refund- ed hereby, sufficient to pay the interest upon the issue of bonds of which_this..bond.is one as the same shall become due and to create a sinking fund for the payment of the -principal tTL-reof at maturity, All rights and remedies which were available for the support.and.endorcement of the bonded indebtedness refunded by this bond shall be avaliable for the support and enforce- ment of this bond. IN WITNESS WHEREOF, the Board of County -Commissioners of said County of Indian River, State of Florida, for and in behalf of said Wabasso Bridge District -in. s aid County and State, has issued this bond and has caused the same to be signed by its Chairman .and the -corporate seal of said Board to be affixed hereto, attested by the Clerk of said Board, and has caused the interest coupons hereto attached to be executed with the facsimile signatures of the said Chairman and Clerk, all as of the first day of January, A. D. 1938. Attestt Clerk, The Board of County Commis- Chairman, The Board of County Comte sioners of the County of Indian River, missioners of the County of Indian State of Florida.. River, State of Florida (SEAL) (FORM OF COUPON FOR SEM -ANNUAL INTEREST PAYMENTS) No. On the first day of , 19_, Wabasso Bridge District, in the County of Indian River, State of Florida, will pay to the bearer at the Guaranty Trust Company of New York, in the City of New York, New York, the sum of DOLLARS, being the then enforceable and collectible interest on its Refunding Bond- dated January 1, 19389 NO.., unless said bond shall have been theretofore called for redemption. Attest: Clerk, The Board .of County Commis- sioners of the County of Indian River, State of Florida. Chairman, TheBoardof County Com- missioners of the County of Indian River, State of Florida. (FCRM FOR VALIDATION CERTIFICATE.) Court of the Ninth Judicial Circuit Validated and confirmed by decree of the Circuit/of Florida, in and for.Indian River County, rendered on the _ day of , 193_____. Clerk of the Circuit Court of Indian (SEAL) River County, Florida. Section 4. (a) That for the prompt payment of the principal and interest of all of said Refunding Bonds as the same shall become due which are issued pursuant to this resolution, the full faith and credit of said Wabasso Bridge District and a tax upon all the property with- in said District are hereby irrevocably pledged to the same extent and with like force and ef- fect as the same were pledged for the payment of indebtedness refunded by said bonds, aid the said Board, in behalf of said District, hereby covenants and agrees with the holders of any and all of said Refunding Bonds and interest coupons issued under the provisions of this re- solution that the said Board, in behalf of said District, will make prompt payment of the same when due. (b) That for the purpose of adequately providing for the .payment of the interest coupons and for a sinking fund -_for the retirement of all. of said. Refunding. Bonds, herein auth- orized to be issued, the said Board covenants and agrees with the holders of all of said Re- funding Bonds that in the annual budget and ad valorem t ax.levy to be prepared and made in each year commencing with the.year 1938, and continUing thereafter until all of said Refund- ing Bonds, and interest thereon, have been retired, there .shall be included a levy of a current ad valorem tax onAllproperty in said District subject to the 3: vy and collection of such tax 1.0 1 1 1