Laserfiche WebLink
s <br />INDIAN RIVER COUNTY, FLORIDA <br />1 RESOLUTION NO. 93 - B.L <br />A RESOLUTION SPECIFYING CERTAIN TERMS AND PROVISIONS FOR <br />THE $47,190,000 AGGREGATE PRINCIPAL AMOUNT OF WATER AND <br />SEWER REVENUE BONDS, SERIES 1993A, AND THE $3,330,000 <br />AGGREGATE PRINCIPAL AMOUNT OF WATER AND SEWER REVENUE <br />BONDS, SERIES 1993B, OF INDIAN RIVER COUNTY, FLORIDA; <br />APPROVING, ACCEPTING AND AUTHORIZING THE EXECUTION AND <br />DELIVERY OF A BOND PURCHASE AGREEMENT FOR THE AWARD AND <br />SALE OF THE BONDS, AT PRIVATE SALE BY NEGOTIATION, TO <br />THE PURCHASER THEREOF; AUTHORIZING THE PURCHASE OF <br />MUNICIPAL BOND INSURANCE WITH RESPECT TO THE BONDS; <br />APPOINTING A PAYING AGENT AND BOND REGISTRAR FOR THE <br />BONDS; RATIFYING THE DISTRIBUTION OF A PRELIMINARY <br />OFFICIAL STATEMENT; AUTHORIZING THE EXECUTION AND <br />DISTRIBUTION OF AN OFFICIAL STATEMENT IN CONNECTION WITH <br />THE MARKETING OF THE BONDS; PROVIDING FOR THE RETIREMENT <br />OF THE RETIRED BONDS; AUTHORIZING THE EXECUTION AND <br />DELIVERY OF AN ESCROW AGREEMENT IN CONNECTION WITH SAID <br />RETIREMENTS; APPOINTING AN ESCROW AGENT; PROVIDING FOR <br />CERTAIN OTHER MATTERS RELATING TO THE BONDS AND SAID <br />RETIREMENTS; AUTHORIZING ALL OTHER NECESSARY, DESIRABLE <br />AND/OR APPROPRIATE ACTIONS IN CONNECTION WITH THE SALE, <br />ISSUANCE AND DELIVERY OF THE BONDS AND SAID RETIREMENTS <br />AND SPECIFYING THE EFFECTIVE DATE HEREOF. <br />WHEREAS, the Board of County Commissioners of Indian River County, Florida <br />(the "Board" and the "County", respectively), by Resolution No. 93-_90 , duly <br />adopted on April 13, 1993 (the "Resolution"), authorized the issuance of Water <br />and Sewer Revenue Bonds, Series 1993A, in an aggregate principal amount not to <br />exceed $47,190,000 (the "Series 1993A Bonds") and the issuance of Water and Sewer <br />Revenue Bonds, Series 1993B, in an aggregate principal amount not to exceed <br />$3,330,000 (the "Series 1993E Bonds") (collectively the "Bonds") and authorized <br />the retirement of the Retired Bonds, as defined in the Resolution; <br />WHEREAS, it is necessary and desirable to specify certain terms and <br />provisions with respect to the Bonds; <br />WHEREAS, the County deems it in its long term best interest that the Bonds <br />