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RESOLUTION NO. 97-_14__ <br /> A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA <br /> AUTHORIZING A MEMORANDUM OF AGREEMENT WITH <br /> OCEAN SPRAY CRANBERRIES, INC. WITH RESPECT TO <br /> THE FINANCING OF THE ACQUISITION AND <br /> REHABILITATION OF A CITRUS PULP PROCESSING <br /> FACILITY AND FACILITIES DIRECTLY RELATED OR <br /> ANCILLARY THERETO IN INDIAN RIVER COUNTY, <br /> FLORIDA; THE PROPOSED ISSUANCE AND SALE OF NOT <br /> TO EXCEED $10,000,000 IN AGGREGATE PRINCIPAL <br /> AMOUNT OF INDIAN RIVER COUNTY, FLORIDA <br /> INDUSTRIAL DEVELOPMENT REVENUE BONDS, SERIES <br /> [TO BE DETERMINED] (OCEAN SPRAY CRANBERRIES, <br /> INC. PROJECT) FOR THE PURPOSE OF PAYING ALL OR <br /> ANY PART OF THE COST OF SAID PROJECT; AND <br /> PROVIDING AN EFFECTIVE DATE. <br /> BE IT RESOLVED, by the Board of County Commissioners of Indian <br /> River County, Florida: <br /> SECTION 1. AUTHORITY FOR THIS RESOLUTION. This Resolution is <br /> adopted pursuant to the provisions of Chapters 125 and 159, Parts <br /> II and III, Florida Statutes, as amended, and other applicable <br /> laws. <br /> SECTION 2. FINDINGS. It is hereby found, ascertained, <br /> determined and declared that: <br /> (A) Indian River County, Florida (the "County") by and through <br /> its Board of County Commissioners is authorized and empowered by <br /> the provisions of Chapter 125, Florida Statutes, and the Florida <br /> Industrial Development Act, being Parts II and III of Chapter 159, <br /> Florida Statutes (collectively, the "Act") to provide for the <br /> issuance of and to issue and sell its Industrial Development <br /> Revenue Bonds for the purpose of paying all or any part of the cost <br /> of any "project" as defined in the Act and related facilities; and <br />