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Attest: Cler , The Board of CFu—nty ommf s- C a rmn, The Boa a County Omit.' signers of the County of Indian River, sioners of the ounty of .Indian River, State of Florida. State of Florida. ( FORM OF COUPON FOR =11 -ANNUAL INTEREST PAYMENTS) .. e On the first day of , 19",, the County of Indian River, in the State of Florida, will pay to the bearer std. the Chemical Bank & Trust Company, in the City of New Fork, Now Farb, the sum of DOLLARS, being the then enforceable and Col- lectible interest on its goad and Bridge Refunding Bond, Series B. dated duly 19 19376- No, r, unless said bond shall have been theretofore called for redemption. I Attest; er , The Boar , of County-, Cbmils:: Carman, The Baa o . Cu aty Cash -s - signers of the County of Indian River, stoners of the County of Indian River, tate of Florida, State of Florida*. (FORM FOR VALIDATION CERTIFICATE) Validated and confirmed by decree of the Circuit Court of the Ninth Judicial Circuit Florida, in and for Indian River County, rendered on the day of 6 193_• Cler-Fof the Circuit Courtof Malan (SEAL) giver County, F19rida. 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 County of Indian River and a tax upon all the praperty within said County are hereby irrevocably pledged to the same extent and with like force and effect as the same were pledged for the payment of indebtedness refunded by said bonds, and the said Board hereby covenants and agrees with the holders of any and all of said Refunding Bands and interest coupons issued under the provisions of this resolution that the said Count* will make prompt pay- ment of the same when due. (b' That for the purpose of adequately providing for the payment of the, interest cou- pons and for. a sinking fund for the retirement of all of said Refunding Bonds herein authorized to be issued, the said Board covenants and agrees with the holdets of said Refunding Bonds that in the annual budget and ad valorem tax levy to be prepared and made in each year commencing Witt the year 1937,) and continuing thereafter until all of said Refunding Bonds have been retired, there shall be included a levy of a current ad valorem tax on all property in -said County sub- ject to the levy and collection of such tax sufficient to produce the sun of SIMEN THOUSAND ONE HUNDRED EIGHTY-FIU DOLLARS ( 16,1B3,00jo including and deducting therefrom, at the option of said Board, any revenue other than from ad valorem taxes which may be available and which is I actually so applied„ Such taxes shall be levied and computed upon the extended and finally equa- lized valuation of ali property within said County except only such property as was exempt from taxation under the lawsandConstitution of Florida which were in force and effect at the time of the creation of"the indebtedness proposed to be refunded hereundir. The taxes so levied shall be in addition to all other taxes levied by or on behalf of said Caountys and the proceeds thereof are hereby appropriated and shall be used exclusively for the purpose for which the same are lev- ied, and so long as any of said Refunding Bonds are outstanding, the respective annual tax levies shall be increased when necessary to provide sufficient funds for the actual interest and sink- ing fuiad requirements of the year next succeeding that is which the budget is being made and:pre- pared. (c) That all of said'RePunding Bonds, and interest thereon, shall be payable in law- 1 1 1