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12/2/1941
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12/2/1941
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
12/02/1941
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550 <br />ss' -6 BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, <br />IN SESSION DULY ASSEMBLED: <br />Section 1. That the Clerk of this Board be.,, and he is hereby, authorized and instruc. <br />ted to cause to be published a Notice of the proposed sale of 4% Road and Bridge Refunding <br />Bonds, Series 19410 dated January 19 19419. of Indian River. County, Florida, Special Road and <br />Bridge District No. 4. <br />Section 2. That said Notice shall be published 'December 12, 1941, and December 19,. <br />1941, in the Vero Beach Press -Journal, a newspaper.published in Indian River County, Florida. <br />Section 3. That the.Clerk of this Board shall cause certified copy of this resolut- <br />ion to be furnished The First National Bank of Chicago, which said resolution shall constitute <br />instruction to said Bank to cease exchanges of Series 1941 Bonds at the close of business <br />December 10, 1941, and shall also constitute instruction to said Bank to immediately furnish <br />said Clerk by telegram, night letter classification, on that date the par amount of bonds of <br />each of the separate maturities which are then still on deposit with it unissued. The said <br />Clerk shall thereupon make reference to form of Notice of Sale set forth in Section 4 hereof <br />and complete the same by extending opposite the respective maturities the amount of bonds <br />available for sale. <br />Section 4. That said Notice of Sale shall be in substantially the following form: <br />NOTICE OF BOND SALE <br />covering <br />ROAD AND BRIDGE REFUNDING BONDS, SERIES 1941, <br />of <br />INDIAN RIOTER COUNTY, FLORIDA, <br />SPECIAL ROAD AND BRIDGE DISTRICT NO. 4 <br />Sealed bids will be -received unti1..10 o'clock A. M., on December 23, 1941, by the <br />undersigned at the Courthouse, Vero Beach, Florida, for Refunding. Bonds of Indian River County, <br />Florida, Special Road and Bridge District No. 4 described below: <br />Date of Bonds, <br />Interest Rate, <br />January 1, 1941 <br />4% per annum, payable semi-annually on January 1 and July 1. <br />Intgrest end Principal_ Payable at The Manufacturers Trust Company, New York, New York. <br />Denomination, $19000.00. <br />Optipg <br />as to Payment <br />Before Maturity, <br />None. <br />Type <br />of Bonds,, <br />General Obligations <br />of the District. <br />Appproyina <br />Opinion, <br />by Messrs. Chapman <br />and Cutler of Chicago, Illinois. <br />SCHEDULE OF MATURITIES AND AMOUNTS <br />Maturity <br />(JanuarX <br />1944 <br />1945 <br />1946 <br />1947 <br />1948 <br />1949 <br />1950 <br />1951 <br />1952 <br />1953 <br />1954 <br />1955 <br />1956 <br />1957 <br />1958 <br />1959 <br />1960 <br />1961 <br />1962 <br />1963 <br />1964 <br />1965 <br />L-11 1966 <br />I. <br />1 <br />1 <br />1 <br />
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