|
11
<br />1
<br />1
<br />A
<br />19302.00
<br />742.14
<br />29044.14
<br />703.08
<br />703.03
<br />10302.00
<br />703008
<br />29005.08
<br />Y .
<br />664.02
<br />664.02
<br />19 736.00
<br />664.02
<br />20400*02
<br />611.94
<br />611.94
<br />1,736.00
<br />611.94
<br />80347.94
<br />559*86
<br />589s88
<br />1, 736.00
<br />559.86
<br />21,295o86
<br />1;�814�11 (A.acrsTnt♦ }
<br />11;s814:�11
<br />19,736.00
<br />1,736,00
<br />2,170.00
<br />20170.00
<br />291170.00
<br />2i 190*00
<br />20170.00
<br />2,170000
<br />2,170600
<br />2,170.00
<br />2,170*00
<br />2,170.00
<br />2,170.00
<br />2,170.00
<br />2,170.00
<br />2,170.00
<br />205
<br />February 20, 1933
<br />August 20, 1933
<br />February 20, 1934
<br />-August 200 1934
<br />February 206 1935
<br />Augast 20, 1935
<br />February 20, 19319
<br />August 209 1936
<br />February 209 1937
<br />J u 1-,,y,- X9 1937
<br />February 20 1938
<br />February 20, 1939
<br />]February 20, 1940
<br />February 200 1941
<br />February 209 1942
<br />Fabrutary° 20, 1943
<br />February 20, 1944
<br />February 20, 1945.
<br />'total Outstanding -Principal Payments................... ...... $26,040.00
<br />Unpaid semi.-innual`interesst instalments and accrued portion
<br />thereof to duly 1, 1937, and accrued- interest on -matured-
<br />unpaid principal instalments from their respective matur-
<br />itydates to July 1, 1937.. ................................. 96938.59
<br />A total of - - - - - --- - - - - - - - -$35,978.59
<br />From which amount the following deduction is made:
<br />' e
<br />Credit allowance for notes of said._issuef coupons annexed
<br />thereto and amerced portion thereof evidencing interest to
<br />July* 19 19370acorued interest to said date on any of said
<br />notes which m4tured,prior thereto, and detached coupons
<br />which matured prior to duly i, 19379 of said issue, which
<br />said notes and coupons have been heretofore acquired by
<br />and are now held' as an asset for account of ,Indian River
<br />County's assumed portion of said indebtedness,. to be a-
<br />pplied as a set-off against said County's above described
<br />Indebtedness upo8 cancellation and surrender to St. °Tucai.e
<br />County of said evidences of 92763034
<br />NET TOTAL OF INDEBTEDNESS TO BE DISPOSED
<br />OF AS HEREINAFTER PROVIDED - - - - - - - - - - - - - -$26.,215*25
<br />the aggregate amount of said outstanding bonded indebtedness as listed and described hereinabove
<br />In Paragraph (e) of this Section, bearing interest at sig per cent. (6%) per annum, being TWO
<br />HUNDRED BMW THOUSAND Sil-, MMDRM EIGHTY-NINE and 28/100 DOLLARS ( $207, 689.28 ).
<br />C
<br />(f) If any mistake or error shall have occurred in the description or maturity dates
<br />of any of the outstanding instalments proposed to be refunded, as set forth in Paragraphs (d)
<br />c e
<br />and (e) of this Section, such mistake or error shall be deemed to be immaterial, provided the
<br />total amount of Refunding Bohds issued hereunder does not exceed the total amount of said out-
<br />standing instalments;; of indebtedness proposed to be refunded thereby.
<br />(g) )Interest has accrued and is unpaid on all of said outstandingindebtedness, here-
<br />inabove described, since July 1, 19379 and the financial condition of said County of Indian
<br />River and its inability to pair its indebtedness make it necessary and for the best interest of
<br />said County and its taxpayers that said indebtedness, in the aggregate --amount of TWO HUNDRED
<br />THIRTY-ONE THOUSAND 80 HUNDRED EIGHTY -RINE and 28/100 DOLLARS ($231,,189,628) be refunded as of
<br />July 19 19379 the County of St. Lucie being willing to cancel the same in exchange for a like
<br />amount of Road and Bridge Refunding Bonds Series A and B.y of said County of'Indian River.
<br />e
<br />(h) Under date of July 12, 1937, the Board of County Commissioners of Sto Lucie 0oun
<br />Florida, ratified and confirmed an(agreement pursuant to which R. E. Crummer & Company was nam-
<br />ed-Fiecal Agents to worm in cooperation with said St. Lucie County in the refinancing of the
<br />• e e
<br />bonded indebtedness of said St. Lucie County, as hereinafter provided, which agreement contem-
<br />plates the refinancing of the indebtedness of said St. Lucie County for which said Indian River
<br />e
<br />county is responsible to the extent hereinabove set forth.
<br />Section 2. (a) That for the purpose of refunding as of July' 1, 19379 -the net amount
<br />of the outstanding and unpaid instalments of principal and In.teres�t indebtedness of said County
<br />e e
<br />of ' Indian River, in the sum of -TEMBE THOUSAND FIVE HUNDRED DOLLARS ($23, 500,00) as de-
<br />e
<br />scribed in Paragraph (d) of Section 1 hereof, there shall be and there are hereby authorized
<br />
|