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INDIAN RIVER COUNTY, FLORIDA <br />RESOLUTION NO. 89- 46 <br />A RESOLUTION AMENDING AND RESTATING RESOLUTION NO. 89- <br />19 OF INDIAN RIVER COUNTY, FLORIDA, ENTITLED: <br />"RESOLUTION NO. 89-19 <br />A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, PROVIDING <br />FOR THE ISSUANCE OF NOT EXCEEDING $7,500,000 WATER AND <br />SEWER REVENUE REFUNDING BONDS, SERIES 1989, OF THE <br />COUNTY TO REFUND CERTAIN OUTSTANDING BONDS OF THE COUNTY <br />HERETOFORE ISSUED TO FINANCE THE COST OF CONSTRUCTION <br />OR ACQUISITION OF THE COMBINED WATER AND SEWER SYSTEM <br />OF THE COUNTY; PROVIDING FOR THE RIGHTS OF THE <br />REGISTERED OWNERS OF SAID BONDS; PROVIDING FOR THE <br />PAYMENT THEREOF; MAKING CERTAIN OTHER COVENANTS AND <br />AGREEMENTS IN CONNECTION WITH THE ISSUANCE OF SAID <br />BONDS; AND PROVIDING AN EFFECTIVE DATE." <br />TO FURTHER PROVIDE FOR THE TERMS AND CONDITIONS UPON <br />WHICH THIS COUNTY MAY ISSUE WATER AND SEWER REVENUE <br />BONDS AND PROVIDE FOR THE PAYMENT AND SECURITY THEREOF. <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER <br />COUNTY, FLORIDA: <br />SECTION 1. Authority for Resolution This resolution is adopted <br />pursuant to Chapters 125 and 159, Florida Statutes (1988), as amended, and other <br />applicable provisions of law. <br />SECTION 2. Findings. It is hereby ascertained, determined and <br />declared that: <br />A. The Board of County Commissioners of Indian <br />River County, Florida, on February 14, 1989, duly <br />adopted a resolution entitled as follows: <br />"RESOLUTION NO. 89-19 <br />A RESOLUTION OF INDIAN RIVER COUNTY, <br />FLORIDA, PROVIDING FOR THE ISSUANCE OF NOT <br />EXCEEDING $7,500,000 WATER AND SEWER <br />REVENUE REFUNDING BONDS, SERIES 1989, OF <br />