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The following Bonds which had been presented at the last meeting <br />were again presented for the reason they had been on a wrong Bond form. <br />Upon Motion made by Commissioner Waddell, seconded by Commissioner Mc - <br />Cullers and unanimously carried, the following Bonds were approved: <br />Earl G. Thatcher, Secretary -Treasurer of the Hospital Board of Trustees <br />in the amount of $10,000.00 with Fidelity and Casualty Company of New <br />York as surety. <br />Paul Goodridge as President of the Hospital Board of Trustees in the amount <br />of $2,000.00 with Fidelity & Casualty Company of New York as surety. <br />The Board of Trustees of the Indian River County Public Hospital <br />presented a Resolution to the Board offering to sell to the County the <br />existing hospital site, hospital and hospital facilities for a price in <br />the amount of all of the outstanding obligations and indebtedness. Upon <br />Motion made by Commissioner Waddell, seconded ?,y Commissioner McCullers <br />and unanimously carried, the following Resolution was adopted: <br />• s <br />RESOLUTION <br />WHEREAS, there has been established in Indian River County by <br />special election the Indian River County Public Hospital pursuant to Chapter <br />155, Florida Statutes; and, <br />WHEREAS, said County has issued its bonds in the sum of <br />li $750, 000.00 for the purchase and construction of a public hospital in said <br />County; and, <br />WHEREAS, the Indian River County Hospital Association, a non- <br />profit corporation organized under the laws of the State of Florida, has <br />offered to sell to Indian River County its existing land, buildings, hospital <br />site, hospital and hospital facilities having an estimated original investment <br />value of $750, 000.00 for a total purchase price in the amount of all of the <br />outstanding obligations and indebtednesses of said non-profit association; and, <br />WHEREAS, the Board of Trustees of the Indian River County <br />Public Hospital have recommended the acceptance of said offer; Now, there- <br />fore, <br />BE IT RESOLVED by the Board of County Commissioners of <br />Indian River County, Florida, as follows: <br />1. That the offer of the Indian River County Hospital Association <br />for the sale to Indian River County of all of the land, buildings, hospital site, <br />hospital and hospital facilities be and the same is herewith accepted and that <br />said County does herewith agree to purchase all of the same fior an amount <br />equal to the outstanding obligations and indebtednesses of said non-profit <br />association, not to exceed the total sum of $35, 000.00. <br />