12/3/1940 - Laserfiche WebLink

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303 to 322 1965 20, 000.00 1 -- - 323 to 343 1966 210000.00 344 to 365 1967 229000.00 366 to 388 1968 230000.00 389 to 412 1969 249000.00 413 to 417 1970 _ 5.000.00 Total. . . . . . . . . . .$417 9000.00 (b) That said Refunding Bonds shall -be dated January 1, 1941, and shall bear interest at the rate of four per cent. (4%) per annum from date thereof until paid, payable semi-annuall; on the first days of January and July in each year, and said interest at said rate shall be evidenced by coupons attached to each bond; PROVIDED, that interest shall be paid on said Re- funding Bonds only from the date to which interest is paid on the outstanding bonds provided to be refunded herehnddr. (c) Each of said Refunding Bonds shall be signed by the Chairman of said Board of County Commissioners of Indian River County, Florida, and the corporate seal of said Board shall be affixed thereto, attested by the Clerk of said Board. Interest coupons attached to each of said Refunding Bonds shall be executed with the facsimile signatures of the said Chairman and Clerk, and said officials, by the execution of said bonds, shall adopt as and for their own proper signatures their respective facsimile signatures on,each of said coupons. Section 4. That said Refunding Bonds, the. coupons thereto attached, and the validation certificate to be endorsed thereon; shall be in substantially the following form: UNITED STATES OF AMERICA STATE OF FLORIDA COUNTY OF INDIAN RIMER Bond No.SPECIAL ROAD AND BRIDGES DISTRICT NO. 4 $10000.00 ROAD AND BRIDGE REFUNDING BOND SERIES 1941 KNOW ALL LIEN BY THESE PRESENTS: That Special Road and Bridge District No. 4, in the County of Indian River, State of Florida, by and through the Board of County Commissioners of said County and State, as the governing authority bf said District, hereby acknowledges itself to be indebted, and, for value received, hereby promises tD pay to the bearer on the first day of January, A. D. 19 the prin6ipal sum of ONE THOUSAND DOLLARS and to pay interest on said sum at the rate of four per cent. (4%) per annum from date hereof until paid, payable semi- annually on the first days of January and July in each year, such interest to the maturity date of this bond to be paid upon presentation and surrender of the attached coupons as they sever- ally become due. Both principal and interest of this bond are payable in lawful money of the United States of America at Manufacturers Trust Company, in the City of New York, New York; and for the prompt1payment of this bond,. -and the interest thereon, as the same become due, the full faith, credit and taxing power of said Special Road and Bridge District are hereby irrevocably pledged to the same extent and with like force and effect as the some were pledged for payment of the indebtedness refunded hereby. This bond is one of an issue of Refunding Bonds of like date and tenor, except as to numbers and maturities, aggregating $417,000.00, numbered 1 to 417, inclusive. The said Board of County Commissioners, for and in behalf of said District, hereby covenants with the holders of the Refunding Bonds of the issue of which this bond is one that for the payment of the principal and interest thereof, as the same shall become due, it will levy taxes in amount's sufficient to provide therefor upon all property within said District excepting that property which was exempted from taxation by the Constitution and laws of Q Florida as the same were in force and effect at the time of the creation of the indebtedness refunded by said Refunding Bonds; that all taxes levied for the payment of the principal and interest of said Refunding Bands of the issue of which this bond is one, including taxes upon homesteads, will be -collected in cash at the same time and in the same manner as operating and. governmental ad valorem taxes levied by Indian River County and by Special Road and Bridge t