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Description <br />Indian River County approved a bond volume allocation of S1,500,000 for the Palms of Vero <br />Beach, L P This allocation expires if the bonds are not issued by November 8 2002 and there is <br />a high likelihood that the bonds will not be issued by this date The only method to extend this <br />allocation after November 8, 2002 is to authorize the County's bond counsel Bryant, Miller and <br />Olive, P.A. to file on behalf of the County and Florida Housing, a Bond Validation proceeding in <br />Leon County. <br />Funding <br />Cost will be paid by Palms of Vero Beach, L.P. <br />Recommendation <br />Authorize Bryant, Miller and Olive to proceed in preparing and filing the bond validation in <br />Leon County, Florida on behalf of the County and Florida Housing. <br />ON MOTION by Commissioner Adams, SECONDED BY <br />Commissioner Ginn, the Board unanimously authorized Bryant, <br />Miller and Olive to proceed in preparing and filing the bond <br />validation in Leon County, Florida, on behalf of Indian River <br />County and Florida Housing Finance Corporation concerning <br />The Palms of Vero Beach, L P , as recommended in the <br />memorandum. <br />7.N. Resolution No. 2002-093 - Establishing the Indian River County <br />Extension Services Ad Hoc Committee and Appointing Members <br />The Board reviewed a Memorandum of October 24, 2002: <br />October 24, 2002 <br />To: <br />From. <br />Re: <br />Board of County Commissioners <br />Paul G. Bangel, County Att Bey <br />Indian River County Extension Services Ad Hoc Committee <br />November 5, 2002 <br />34 <br />CA <br />• <br />• <br />