HomeMy WebLinkAbout1995-095RESOLUTION 95-095
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
OF INDIAN RIVER COUNTY, FLORIDA, that:
1. The County expects to make certain expenditures in '
connection with the Sebastian Utility System '
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Acquisition Project of the County (the Project.) The
County intends to finance said expenditures by the
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Issuance of one or more future bond issues. Some or
all of said expenditures are expected to be paid prior
to the issuance of said future bond issues. Therefore,
said expenditures will be paid from the Utility
Operating Fund, the Utility Impact Fee Fund, and the
Utility Special Assessment Project Fund of the County.
The County intends to reimburse said funds for said
expenditures out of the proceeds of said future bond
issues expected to be used for said reimbursement is
$5,500,000.00. Said expenditures include, without
limitation expenditures for the acquisition,
construction, furnishing and equipping the Project; for
reports, studies, and projections in connection with
the Project; and for other items directly related to
the Project.
available for public inspection during regular business
hours of the Office of the Clerk in the County
Administration Building, beginning no later than 30
days following the adoption of this resolution and to
keep the same available for public inspection at such
place and during such hours until the date upon which
the bond issues herein mentioned are issued and
delivered by the County. This resolution was moved for
adoption by Commissioner Eggert , and the motion
was seconded by Commissioner Adams , and,
upon being put to a vote, the vote was as follows:
Chairman Kenneth R. Macht Aye
Vice Chairman Fran B. Adams Aye
Commissioner Richard N. Bird Absent
Commissioner Carolyn K. Eggert Aye
Commissioner John Tippin Aye
The Chairman thereupon declared the resolution duly passed
and adopted this a day of August , 1995.
BOARD OF COUNTY COMMISSIONERS
INDIAN RIVER COUNTY, FLORIDA
Attest:
Jeff; K.' Bc�f to ; e0.1 rk enneth R. Macht, Chairma
APPROVED FOR AGENDA:
BY
JAMES E. CHANDLER
COUNTY ADMINISTRATOR