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I 1 1 mvt L�l NOW, THMWORE, BE IT RESOLVED BY THE BOARD OF COUNTY COIG=IONERS OF INDIAN RIVER COUNTY, FLORIDA, IN SESSION DULY AS o Section 1. That the State Board of Administration, Tallahassee, Florida, be,.,and it is hereby, requested, instructed, and directed to cause sufficient funds now, or hereafter, credit. ed to the applicable Kanner Bill Account for the taxing units identified in the preambles here- to to be transferred from said applicable Kanner Bill Account to the applicable Interest and Sinking Fund Account of the said Refunding Bond issues identified in the preambles hereto so that the funds in said applicable interest and Sinking Fund Account, making due allowance for funds already therein .not heretofore earmarked for specific interest payments4 will be the am- ounts set forth in the following tabulation; and, after said transfer is made, said Board steal cause the said funds to be applied to the payment of interest coupons on said Refunding Bonds as follows, Taxing Unit Special R & B District No. 4 Wabasso Bridge District Amount of.Balance, after transfer 8,700. 1,540. -Coupon Maturity Date, July 19 1941 July 1, 1941 Section 2. That the Clerk of this Board be, and he is hereby, instructed and directed (l) to furnish the State Board of Administration with a certificate in duplicate as to each taxing unit setting forth the Refunding Bonds issued since the date of the last certificate of similar nature executed by him; and (2) to hereafter execute similar certificates covering any exchanges made subsequent to the date hereof. Section 3. That, in addition to the amounts hereinabove provided to be transferred, the State Board of Administration is hereby authorized,to transfer from the applicable Kanner Bill Account for the taxing units identified in the preambles hereof to the applicable Interest and Sinking Fund. Aceount-of the said Refunding Bond issues identified in the preambles hereof, either now or as funds become available from future collections, a sum of money sufficient to permit funds to be placed with the Paying Agent for the said Refunding Bond issues to replace any funds heretofore sent to the Paying Agent to be applied in payment of interest on said Refunding Bond issues but which have subsequently either been recalled because of peremptory writs of mandamus or impounded because of the service of alternative writs of mandamus or impounded out of any re- serve account by the service of any writs of mandamus, said remittance to be made, at the option of the Board of Admihistration, either at this time or at such time as any of such coupons are presented to the Paying Agent for payment; provided, however, that in the event the latter op- tion is elected by the Board of Administration, the said Board is hereby requested to make ar- rangements rrangements with the Paying Agents to be notified when any funds are needed for this purpose. Section 4. That the -intent of this resolution is to make present provision for the payment, when and if presented, of all interest through the next coupon paying date on all Refunding Bonds identified in the preambles hereof; and any action by the Board of Administration to ac- complish this result, is hereby fully authorized, including.the transfer of sufficient funds from the. applicable Kanner Bill Account to the applicable Interest and Sinking Fund Account of the issues identified in the preambles hereof to permit the payment of interest coupons on the identified issues of Refunding.Bonds. Section 5. That the Clerk of this Board be, and he is hereby, instructed and directed to forward duplicate certified copies of this resolution to the'State Board of Administration, Tallahassee, Florida, which certified copies shall constitute the authority of said 'Board to do and perform the acts hereinabove directed. ROAD AND BRIDGE REFUNDING BONDS ST. LUCIE COUNTY.