HomeMy WebLinkAbout1994-15811 /11/94 (reso�profold)VkJB
RESOLUTION NO. 94- 158
A RESOLUTION OF THE BOARD OF
COUNTY COMMISSIONERS OF INDIAN
RIVER COUNTY, FLORIDA, APPROVING
AGREEMENT OF RESIGNATION, APPOINT-
MENT, AND ACCEPTANCE IN CONNEC-
TION WITH PROFOLD, INC. FLORIDA
INDUSTRIAL DEVELOPMENT REVENUE
BOND, SERIES 1989.
WHEREAS, Indian River County is the issuer of industrial development
revenue bonds for Profold, Inc.; and
WHEREAS, there has been a sale of the Corporate Trust Division from
Barnett Banks Trust Company (prior trustee) to The Bank of New York
(successor trustee); and
WHEREAS, the County's financial advisor has recommended that the
County approve the appointment of the successor trustee as trustee, paying
agent, and registrar to succeed the prior trustee;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that the Board as
issuer of the Profold, Inc., '1989 Series Industrial Development Revenue
Bonds, hereby approves and authorizes the Chairman to execute the attached
Agreement of Resignation, Appointment, and Acceptance.
The resolution was moved for adoption by Commissioner Bird ,
and the motion was seconded by Commissioner Adams and, upon
being put to a vote, the vote was as follows:
Chairman John W. Tippin Aye
Vice Chairman Kenneth R. Macht Aye
Commissioner Richard N. Bird Aye
Commissioner Carolyn K. Eggert Absent
Commissioner Fran B. Adams Aye
The Chairman thereupon declared the resolution duly passed and
adopted this 13 day of December , 1994.
BOARD OF COUNTY COMMISSIONERS
INDIAN RIVER COUNTY, FLORIDA
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By um�lt -,) 0.q4ti
ohn W. Tippin
j Chairman
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