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<br />011
<br />30 January 1, 1938
<br />WABASSO BRIDGE DCCT REFUNDING BONDS
<br />WHEREAS, semi=annual interest coupons will become due and payable, on said Refunding
<br />Bonds as follows:
<br />Uxin, g Unit
<br />Coupon
<br />-Maturity
<br />Date_
<br />Spedial Road
<br />and Bridge District No.4
<br />January 1,
<br />1940
<br />#abasso Bridge District January 1, 1940
<br />WHEREAS, it is the desire of this Board to make funds available for the payment of
<br />said interest coupons on said Refunding Bonds; and
<br />WHEREAS, the State Board of Administration -is authorized to make payments in ac
<br />hdwith under the terns of an order entered in the case of "Meredith, et al., Plaintiffs, vs.
<br />Fred P. Cone, et al,. Defendant", being Case No. 37 in the Tallahassee Division of the United
<br />States District Court for the Northern District of Florida;
<br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMSIONERS'OF INDIAN RIVER
<br />COUNTY, FLORIDA, IN SESSION DULY ASSEMBLED:
<br />Section 1. That the State Board of Administration, Tallahassee, Florida, be, and it
<br />is barbpy, requested, instructed, and directed to cause sufficient funds now, or hereafter,
<br />credited to the applicable Kanner Bill Account.for the taxing units iddntified in the, preambles
<br />hereto to be transferred from said applicable Kanner Bill Account to the applicable Interest and
<br />Sinking Fund Account of the:f-said Refunding Bond issues identified in the preambles hereto so
<br />for
<br />that the funds in said applicable Interest and Sinking Fund Account, making due allowanoelfunds
<br />already therein not heretofore ear -marked for specifid" interest payments, will be the amounts
<br />set forth in the following tabulation; and, after. said transfer is made, said Board shall cause.)
<br />the said funds to be applied to the payment of interest coupons on said Refunding Bonds as fol-
<br />lows:
<br />` Amount.of.Bdlanoe Coupon
<br />Taxing Unite after Transfer Naturity Dat, e
<br />Special Road and Bridge District No.4 89900.00 January 1, 1940
<br />Wabasso Bridge District 1,540..00 January 1, 1940
<br />Section 2. That the Clerk of this Board be, and he is hereby, instructed and direote
<br />(1) to furnish the State Board of Administration with a certificate in duplicate -as to each
<br />taxing unit setting forth the Refunding Bonds issued since the date of the last certificate of
<br />similar nature executed by him; and t2) to hereafter execute similar certificates covering any
<br />exchanges made subsequent to the date hereof.
<br />Section 3. That, in addition to the amounts hereinabove provided to bo tranferred,
<br />the State Board of Administration is hereby authorized to transfer from the applicable Kinner
<br />Bill Account for the taxing units identified in the preambles hereof to the applicable Interest
<br />and Sinking Fund Account of the said Refunding Bond -'issues identified -An the preambles hereof,
<br />either now or As funds become available from future collections, a sum of money sufficient to
<br />permit funds to be placed with the Paying Agent for the said Refunding Bond issues to replace
<br />any funds heretofore sent to the Paying Agent to be applied in -payment of interest on said Re-
<br />funding Bond -issues but which have subsequently either been recalled because of peremptory wtit
<br />of mandamus or impounded because of the service of alternative writs of mandamus, said remit4
<br />Lance to be made, at the option of the Board of Administration, either at this time or at such
<br />time-as..any of such coupons are presented to the Paying Agent for payment; provided, howevdr,
<br />that in the event the latter option is elected by the Board of Administration, the said Board
<br />is hereby requested to make arrangements with the Paying Agents -to be notified when any funds
<br />are needed for this purpose.
<br />Section 4.. That the intent of this resolution is to make present provision for the
<br />payment, when and if presented, of all interest through the neat coupon paying date on all Re-
<br />funding Bonds Identified in the.preambles hereof; and any action by the Board of Administratic
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