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2/7/1939
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2/7/1939
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
02/07/1939
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1 <br />;7 <br />3 <br />:3o3 <br />23SOLUTION. <br />O L U T I O 17. <br />---------- <br />Commissioner Helseth introduced the following resolution and moved its adoption,tboaw t` <br />Whereas, the statutes of the State of Florida provide that this Board select at Its <br />first regular meeting in February of each year a newspaper in which shall be published advertise. <br />menta by the Tax Collector of the sale of lands upon which taxes are unpaid and delinquent as <br />provided by Section 969 of the Compiled General Laws of Florida, and for other purposes, and <br />this meeting of the Board of County Commissioners of Indian River County being the first regular <br />meeting of such Board in February, 1938; <br />Be It Resolved that this Board does herewith select e)nd designate Fero Beach Press - <br />Journal, a newspaper published in'Indian Itiver-County,,i Florida, and.whioh newspaper has been <br />continuously published in said County for a period of not less than one year prior to this date, <br />as the newspaper in which shall be published by the Tax Collector of Indian River County, Flori- <br />da advertisements and notices of sales of real estate for non-payment of taxes required to be <br />paid on such real estate and as the newspaper in which shall.be published any and all other <br />publications and notices and the selection of which such newspaper is a duty of this Board. <br />The motion -for the adoption of the resolution being duly seconded it was declared <br />adopted upon roll call by the following vote: <br />Ayes; Glover, Graves, Michael and Vickers. <br />Nayess None. <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMS <br />IN SESSION DULY ASSLED, <br />OF INDIO RIVER COUNTX# FLORIDA., <br />Section 1. That, in the consideration of the matters hereinafter referred to, the <br />attention of the State-Board,of Administration, Tallahassee, Florida, is directed to the resol- <br />ution adopted by this Board at a regular meati -ng held on -the 21st day of January, A. D. 19389 <br />authorizing and ordering the issuance of the Road and Bridge Refunding Bonds hereinafter more <br />particularly identified, certified copy of which has been heretofore supplied to said State <br />Board by the Clerk of this Board, which said Refunding Bonds, heretofore deposited in escrow wi <br />the State Treasurer as ex officio Treasurer of Indian River:County pursuant to't.t.e provisions <br />and subjeot.to the terms.end conditions of Section.4(g) of. said_..resolution identified, are des- <br />cribed as follows: <br />Date of <br />Issue <br />Designation <br />July 1, 1937 Indian River County, Florida, <br />Road and Bridge Refunding Blinds <br />4/5% - Series A - <br />4/6% - Series B - <br />$23,300.00 <br />207.689.28 <br />Amount of <br />Issue <br />$2319189.28 <br />Section`2. That the said State Board of Administration is hereby directed, in view of, <br />the refunding of the originally outstanding bonded indebtedness, to transfer to an Interest and <br />Sinking Fund Account for said Road and Bridge Refunding Bond issue described hereinabove, all <br />interest and diftking fund balances of Indian River County, Florida, credited to the bonded.inde <br />-edness fefund6d pursuant to said resolution identified. <br />Section 3. That, after effecting the transfers of funds as provided in Sections 2 and <br />4 hereof, said State Board is hereby directed to remit to the designated paying agent sufficient <br />money to ppy interest coupons due on such of said Refunding Bonds as are issued under instruc- <br />tions heretofore furnished, it being understood that the bond and coupon schedule which has been <br />or will be furnished to said State Board is based.upon_the ultimate issuance of all of said Re- <br />funding Bonds identified., and shall be.consider_ed as.ratably applicable to the extent said bonds <br />are actually issued; or, as an alternative procedure, in view of the fact that all outstanding <br />bonds of said Refunding Bond issue identified are or will be owned by and held in the interest <br />and Sinking Fund Account of the $6789000.00 St. Lucie County, Florida, Road and Bridge Refunding <br />
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