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1-84
<br />ATTEST
<br />Douglas Baker
<br />Douglas Baker
<br />Clerk, Board of County
<br />Commissio#ers of Indian
<br />River Qounty, Florida.
<br />R E yS 2 L U T I O N_
<br />By R. E. Mudge
<br />R. E.. Mudge.
<br />Chairman, _Board, of County
<br />Commissioners of Indian
<br />River County, Florida
<br />SECOND PARTY
<br />The following resolution was introduced, read, and, upon motion of E. P. Poo:.e, se-
<br />conded by S. E. Glover; duly adopted by the following vote:
<br />Ayes: E. F. Poole, S. E. Glover, Edwin A. Helseth, R. E. Mudge
<br />Nays: None
<br />Absents Frank C. Vickers
<br />Not Voting: None
<br />RESOLUTION AUTHORIZING THE ISSUANCE OF REFUND
<br />ING BONDS OF WABASSO BRIDGE DISTRICT, IN INDIAN
<br />RIVER COUNTY, FLORIDA, FOR THE PURPOSE OF RE+=
<br />FUNDING A LIKE AMOUNT OF LEGAL AND VALID OUT-
<br />STANDING BONDS OF SAID DISTRICT, AND INTEREST
<br />THEREON; AND PROVIDING FOR THE MANNER OF ISSU-
<br />ANCE AND PAYMENT THEREOF;
<br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA,
<br />IN SESSION DULY ASSEMBLED:
<br />that;
<br />Section 1. That this Board has ascertained and determined and does hereby declare
<br />(a) The Board of County Commissioners (hereinafter sometimes referred to as said
<br />"Board"), of the County of Indian River (hereinafter sometimes referred to as said "County'),
<br />State of Florida, as the governing authority of Wabasso Bridge District (hereinafter some-
<br />times referred to as said "District*), in said County, a taxing district.of said State, is
<br />authorized, under and by virtue of the General Refunding Act of 1931, same being Chapter 15,772,
<br />General Laws of Florida, Acts of 1931, to issue bonds of said District, for the purpose of
<br />refunding anj$ or all outstanding bonded indebtedness of said District, whether the indebt-
<br />edness to be refunded has matured or is to mature hereafter.
<br />(b) The Board'of Commissioners of said Wabasso Bridge District heretofore caused
<br />to be issued negotiable coupon bonds of said District, for the purpose of constructing a
<br />bridge and approaches thereto across the Indian River at or near Wabasso, in said District,
<br />and all other works necessary or proper in connection with said Bridge, for the payment of
<br />which the full faith and credit of said District and said Board of Commissioners and a tax
<br />upon the entire taxable property within said District are pledged, said bonds having been
<br />issued under and by virtue of the Constitution and statutes of the State of Florida in such
<br />case made and provided, in the following amount:
<br />Date
<br />of
<br />Issue
<br />Designation
<br />Amount
<br />July
<br />1,
<br />1926
<br />Wabasso Bridge District Bonds
<br />$759000.00
<br />(c) Of said bonds there are now outstanding bonds (hereinafter together with ac -
<br />trued and unpaid interest thereon, sometimes identified as "bonus" or "'bonded indebtedness`t),
<br />which constitute legal and valid unpaid indebtedness of said District,,identified as to de-
<br />signation, date of issue, denomination, interest rate, numbers, maturities, and amounts, as
<br />follows:
<br />WABASSO BRIDGE DISTRICT BONDS, dated July 1, 1926, in the denomination of
<br />$1,000.00 each, bearing interest at 6% per annum, payable semi-annually:
<br />Bond Numbers
<br />(Inclusive)
<br />Maturity
<br />(January 1)
<br />Amount
<br />5 1933 $19000.00
<br />1
<br />1
<br />J
<br />
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