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HomeMy WebLinkAboutDELETE (2)RESOLUTION NO. 78-4 A RESOLUTION FIXING THE IN'T'EREST PATE ON $1,815,000 SOLID WASTE DISPOSAL SYSTEM REVENUE BONDS, SERIES 1977, OF THE COUNTY OF INDIAN RIVER, CONFIRMING THE SALE AND AWARD OF SAID BONDS, AND NAMING THE PAYING AGENT FOR SAID BONDS. BE IT RESOLVED BY THE BOARD OF COUNTY C014MISSIONERS OF INDIAN RIVER COUNTY, FLORIDA: SECTION 1. The $1,815,000 Solid Waste Disposal System Revenue Bonds, Series 1977 (the "Bonds"), heretofore authorized by resolution adopted on November 2, 1977 shall all bear interest at the rate of five and thirty hundredths per centum (5.300) per annum. SECTION 2. The sale and award of said Bonds to William R. Hough & Co. of Orlando, Florida, at the price of $1,778,700 plus accrued interest from their date to the date of delivery thereof, in accordance with the proposal of said William R. Hough & Co. dated and accepted by the County on September 21, 1977 be and the same is hereby confirmed. SECTION 3. The Bonds shall be payable as to both principal and interest at Florida First National Bank of Jacksonville, Jacksonville, Florida. SECTION 4. This resolution shall take effect immediately upon its adoption. BOARD OF COUNTY COI�ZIISSIONERS INDIAN RIVER COUNTY, FLORIDA Wa lam C. Wo t e,^ r. Chairman ATTEST: AC' Fre a Wrig ,-e-r-