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YEAR
<br />AMOUNT:
<br />YEAR
<br />AMOUNT
<br />1963
<br />$20,000
<br />1974
<br />$359000
<br />1964
<br />20,000
<br />1975
<br />353,000
<br />1965
<br />253,000
<br />1976
<br />353,000
<br />1966
<br />25,000
<br />1977
<br />403,000
<br />1967
<br />25,000
<br />1978
<br />40,000
<br />1968
<br />25,000
<br />1979
<br />40,000
<br />1969
<br />309000
<br />1980
<br />45,000
<br />1970
<br />30,000
<br />1981
<br />45,000
<br />1971
<br />30,000
<br />1982
<br />45,000
<br />1972
<br />30,000
<br />1983
<br />503,000
<br />1973
<br />30,000
<br />1984
<br />509000
<br />The bonds maturing in 1963 and 1964 shall not be redeemable prior to their stated
<br />dates of maturity. The bonds maturing in the years 1965 to 1984, both inclusive, shall be
<br />redeemable prior to their stated dates of maturity, at the option of the County, in whole or
<br />in part but in inverse numerical order if less than all, on February 1, 1964, or on any interest,
<br />date thereafter, at the principal amount thereof, plus accrued interest to the date fixed for
<br />redemption, plus the following premiums, expressed as a percenta ge of the par value of any
<br />such bonds so redeemed, if redeemed in the following years:
<br />Four per centum (4%) in 1964 to 1967, inclusive;
<br />Three per centum (3%) in 1968 to 1971, inclusive;
<br />Two per centum (27.) in 1972 to 1975, inclusive;
<br />One per centum (1%) in 1976 to 1980, inclusive;
<br />Without premium if redeemed in 1981 or thereafter prior to maturity.
<br />In the event that the County determines to exercise the right to redeem said bonds,
<br />notice of intention to redeem shall be given in the manner provided in the form of the bonds
<br />hereafter set forth in this resolution. Said bonds shall bear interest payable semi-annually
<br />on February 1 and August 1 of each year at such rate not exceeding the legal rate of six per
<br />centum per annum as may be obtained upon the sale thereof, and both principal and interest
<br />shall be payable at the Chemical Corn Exchange Bank, New York City, New York.
<br />Section 2. Said Bonds shall be registerable at the option of the holder as to
<br />principal only at the office of the Clerk of the Board of County Commissioners as registrar, or
<br />such other registrar as shall hereafter be legally appointed in the manner provided herinafter
<br />in the form of said bonds.
<br />Section 3. Each of said bonds shall be signed by the Chairman of the Board of County's
<br />Commissioners, by his manual or facsimile signature, and shall have the corporate seal of said
<br />Board, or a facsimile thereof, affixed thereto or imprinted theron and attested by the Clerk
<br />of the Board by his manual or facsimile signature; provided however, that either said Chairman
<br />or said.Clerk shall manually apply his signature. Said bonds, the interest coupons to be
<br />attached thereto, and the registration certificate and validation certificate to be endorsed
<br />thereon shall be in substantially the following form:
<br />UNITED STATES OF AMERICA
<br />STATE OF FLORIDA
<br />COUNTY OF INDIAN RIVER
<br />HOSPITAL BOND
<br />The County of Indian River, in the State of Florida, acknowledges itself indebted,
<br />and for value received, hereby promises to pay to bearer, solely from the special taxes herein-
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