|
ordered tp be issued the negotiable coupon bonds of said County,.in the -aggregate principal a-
<br />mount of TWENTY-TRREE THOUSAND FIVE HMR 3, DOLLARS ( 83,800.00) • to be designated
<br />"INDIAN R ,COUP, FLORIDA, °
<br />ROAD AND BRIDGE REFUNDING BONDS
<br />SERIES A* `
<br />Said bonds shall be numbered, shall be in the denomination, and. -subject to the right of -prior
<br />redemption, as hereinafter provided, shall mature and be in the amounts as follows:
<br />Bond Numbers Maturit
<br />(Inclusive) Denomination . 1.
<br />500.00 - 1967 500900
<br />2 to 84 1,000.00 1967 23"t000 00
<br />Total Series A Refunding Bonds - - - - - - - - - - $23,5®0.00
<br />(b) That for the purpose of refunding as of July i, 1939, the outstanding and unpaid
<br />instalments of principal and interest indebtedness of said County of Indian Diver, --in the sum of
<br />TWO RED -SE EN THOUSAND SIX HUNDRED EIGHTY-NINR and 88/100 DOLLARS ($807.689.88) as described
<br />In Paragraph (e) of Section 1 hereof, thereshall be and there are hereby authorized and ordered
<br />to be issued the negotiable coupon bonds of said County, in the aggregate principal amount of
<br />W ■ EMBED ! VER THOUSAND e i Ir .'ff A' 4 N i1 G W' NRE 28/100
<br />»`9 i; $ t h 8 to be desigM
<br />hated
<br />"INDIAN RIVER COMM' FLORIDA9
<br />R1'_b AM BRIDGE pgiEgf$NNPOET)a`
<br />,.' .
<br />IES B"
<br />c
<br />Said bonds shall be numbered, shall be in the denominatio%, and, subject to the right of prior
<br />redemption,'as hereinafter provided,`shall mature and be in the amounts as follows:
<br />Bond Numbers Maturit
<br />( i�#.ve.) ' Denomination 1
<br />25 0: 189.88 1967 $ 189.38
<br />86 300.00 1937 300.00
<br />27 to 233 10000,00 1967 207,00000
<br />Total Series B Refunding Bonds - - - - - - - - -$2070689.28
<br />(c) That said Refunding Bonds, Series A, in the aggregate principal amount of
<br />$23'300.00 shall be dated duly 3.,'1937, and shall bear interest from date thereof until paid,or
<br />until called foo= redemption, which interest shall be payable semi-annually on the first days of
<br />January and July of each year, and said interest, except as hereinafter otherwise provided, shal
<br />be enforceable and collectible at the rate of four per cent. (4%) per annum from the date of the
<br />bonds to July 16 1942; and at the rate of five per cent. (5%) per annum from and including July
<br />1, 1942s, and thereafter; and said interest at said rates shall be evidenced by coupons attached
<br />to each bond. Each of said Refunding Bonds shall be signed by the Chairman of the said Board of
<br />County Commissioners of said Indian River County# Florida, and the corporate seal of said Board
<br />shall be affixed thereto, eittested by the Clerk of.the said Board, interest coupons attached to
<br />each of said Refunding Bonds shall be executed with the fac simi.ld signatures of the said `Chair-
<br />man and Clerk, and -said officials, by the execution of said buds, shall adopt as and for their
<br />own proper signatures their respective facsimile signature.s`on each of said coupons.
<br />(d) That said Refunding Bonds, Series B, in the aggregate principal amount of
<br />$207689.28, shall be dated July 1, 1937, wind shall bear interest from date thereof until patid,
<br />or until called for redemption, which interest shad be payable semi-annually on the first days
<br />of January and duly of each year„ and said interest, except as hereinafter otherwise provided*
<br />shall be enforceable and collectible it the rate of four per dent. (4%) per annum from the date
<br />of the bonds to wily i,` 1942; at the rate of five per cent. (5%) per annum from and including
<br />July 1, 19429 to duly i, 1947; and at the rate of sic per cent. (6%) per annum from and ifcltd-
<br />Ing July 11, 1947,` and thereafter; and said interest at Mild rates shall be evidenced; by o�oujons
<br />attached to each bond. Said Refunding Bonds shall be signed by the Chairman of the said Board of
<br />County Commissioners of said Indian Raver County, Florida, and the corporate seal of said. Board
<br />1
<br />1
<br />1
<br />
|