1996-030 - Laserfiche WebLink

Home Browse Search

EXHIBIT B FORM OF CONTINUING DISCLOSURE CERTIFICATE This Continuing Disclosure Certificate (the "Disclosure Certificate") is executed and delivered by Indian River County, Florida (the "Issuer") in connection with the issuance of S(45,000,000] Indian River County, Florida, Water and Sewer Revenue Bonds, Series 1996 (the "Bonds"). The Bonds are being issued pursuant to Resolution No. 93-80 adopted by the Issuer on April 13, 1993, as supplemented from time to time, including by Resolution No. 96- adopted by the Issuer on (February 27], 1996 (collectively, the "Resolution"). The Issuer covenants and agrees as follows: SECTION 1. Purpose of the Disclosure Certificate. This Disclosure Certificate is being executed and delivered by the Issuer for the benefit of the Holders and Beneficial Owners of the Bonds and in order to assist the Participating Underwriters in complying with S.E.C. Rule 15c2 -12(b)(5). SECTION 2. Definitions. In addition to the definitions set forth in the Resolution, which apply to any capitalized term used in this Disclosure Certificate unless otherwise defined in this Section, the following capitalized terms shall have the following meanings: "Annual Report" shall mean any Annual Report provided by the Issuer pursuant to, and as described in, Sections 3 and 4 of this Disclosure Certificate. "Beneficial owner" shall mean any person which (a) has the power, directly or indirectly, to vote or consent with respect to, or to dispose of ownership of, any Bonds (including persons holding Bonds through nominees, depositories or other intermediaries), or (b) is treated as the owner of any Bonds for federal income tax purposes. "Business Day" shall mean any day other than a Saturday, Sunday or a day when banks in the City of New York, New York, or in Indian River County, Florida, or in the cities in which the Principal Offices of the Issuer or the Paying Agent are required or authorized by law to be closed or on which the New York Stock Exchange is closed. "Dissemination Agent" shall mean the Clerk of the Circuit Court in and for Indian River County, Florida, or any successor or alternate Dissemination Agent designated in writing by the Issuer and which has filed with the Issuer a written acceptance of such designation.