HomeMy WebLinkAbout1987-126•
RESOLUTION NO. 87- 126
WHEREAS, Indian River County, Florida (the "County"),
heretofore adopted a Resolution on October 13, 1987 relating to
Florida Convalescent Centers, Inc. (the "Corporation"), wherein
the County authorized the issuance of its revenue refunding bonds
for the purposes of refinancing the cost of acquisition,
construction and equipping of the Corporation's facility
consisting of certain land, buildings, structures and equipment
for use as a skilled and intermediate care nursing home facility
(the "Project") which is located in Indian River County, Florida;
and
WHEREAS, the County is authorized to issue its revenue
refunding bonds to refinance the Project pursuant to the
provisions of the Florida Industrial Development Financing Act,
Part II of Chapter 159, Florida Statues, as amended; and
WHEREAS, in order to satisfy the requirement of Section
147(f) of the Internal Revenue Code of 1986, as amended, the
County held a public hearing on the proposed issuance of its
$4,800,000 Revenue Refunding Bonds, series 1987 (Florida
Convalescent Centers, Inc. Project) (the "Refunding Bonds") on
the date of adoption hereof, more than 14 days following the
first publication of notice of such public hearing in a newspaper
of general circulation in Indian River County, Florida (a true
and accurate copy of the publication of notice is attached hereto
as Exhibit "A"), which public hearing was conducted in a manner
•
that provided a reasonable opportunity for persons with differing
views to be heard on both the issuance of the Refunding Bonds,
and the location and nature of the Project; and
WHEREAS, the Board of County Commissioners of Indian River
County, Florida, is the elected .legislative body of the County;
NOW, THEREFORE, BE IT HEREBY RESOLVED by the Board of County
Commissioners of Indian River County, Florida, that the issuance
of the Refunding Bonds is hereby approved in compliance with the
requirements of Section 147(f) of the Internal Revenue Code of
1986, as amended. The Clerk is authorized to make such
applications to the State of Florida, Department of General
Services, Division of Bond Finance as may be necessary to enable
the County to issue the Refunding Bonds.
ADOPTED this 13th day of October. 1987.
BOARD OF COUNTY COMMISSIONERS
OF INDIAN RIVER COUNTY, FLORIDA
By:
Chai a
(SEAL)
ATTEST:
CTe --
Approved as to form and
Legal Sufficiency11,,
By:_ \$JM
County Attorney
40
EXHIBIT A
VERO BEACH PRESS-Ji)URNAL
published Daily
Vero Beach, Indian River County, Florido'
INDIAN RIVER COUNTY, FLORIDA
Nonce OF PUBLIC NEARING
FOR ISSUANCE OF
COUNTY OF INDIAN RIVER. SIA II OF FLORIDA
INDUSTRIAL DEVELOPMENT BONDS
Public Notice a hweby given that on October
Before the undersigned aulhonly personally appeared J. J. Schumann, Jr. who on oath
13. 1987• ori 9 beam , the Board of County Com.
mrsfu non; N Imam Rival County, Florida, will
says that he is Business Manager of the Vern Beach Firess-Journal, a daily newspaper published
meet at the Indian Rives County Adminetrab-
al Vero Beach In Indian River Cnunly, Florida, that the attached copy of adverbsenlent, being
Building. 1810 78th Street, Vitro Beach, Florida,
I
to conwdal apprwN of the rssu n or Mi ex.
ea
ceng (•1.800,000 of industnal development
revenue efwrerng bonds N [Mian A— County
to be blued for the purpose of [owing the pro•
/
toads therefrom, w using such proceeds to Fort.
nark• the acquisition, construction and equip.
/ .L(, 7
Ilse f �15.
ping of ■ sailed and Intermediate cue 91 bed
In matter O -._.....
nurun9 home facih located M Indian Rivw
County. FMda. for Iald■ C—lescenl C4, -
tiffs. Inc., a Florida corporation, which shall be
the principal caw of said facility. The Industrial
- - --- -- —
devNopmwt revenue refunding bonds shell be
payable ..rely from the revenues dwrvw by 1,
dian River County from the financing agreement
rrlllir. %bort. Was put,
It shall enter Into with Florida Convalescent Can.
tan, Inc, or such other agreements as Ind■kl
,�//+ l/ � >[
fished in said newspaper In the Issues of � /�7.7
River County shall approve, except [o the exteril
they are hy.a• from N. ng bonds rest
casae. Succh Mending bondds and the Interest
thereon an Indebtednees or
not crag
the general credit
f the or taxi power of
.
I of the le•
Indian Rival County or of the Store of
- — -
anoft Indian
an" of IM rNundinY bonds o/ Inaan RWw
River
County shall be wbfeel to serval conations, In.
Affiant further says that the said Vrro Beach pre„ Journal Is a newspaper puhbshed at
eluding "Usfaclory documentation, and ape
Vero Beach, in said Indian River County, Florida. and that the said newspaper has heretofore
proval by counsel as to the fu-•xwnpt status of
the Interest on 04 refunding bonds. The Nae.
been continuously pLblished in said Indian River County, Florida, each daily arid has been
mentioned mweng shallbe a public meepn9
entered as second class mail matter at the post Office in Vero Beach, in said Indian River COUn.
and all persons who may be Interested will be
ty, Florida, for a period of one year next preceding the first publication of the attached copy of
given an opportunity to be heard concerning the
tame.
advertisement; and affiant further says that he has neither paid nor promised any person, firm
Anyone who may wish to appeal any decision
or corporation any discG
ount, rebate. oinimEsion Or refund for the purpose of Securing this
which may be made at this meeting will Med to
adverllSemenl for publlCa1t011 In the said newspaper.
ensure that a verbatim record of the prodee0-
In Ie made, which Includes testimony and all.
Ounce u n which the appeal Is based.
Fr a hl, Clala
Sworn to and subscribed bolo meRU6dofA.D. 19 Y_�
Board of CountyCommiesloMrs
Rover County
v y^^-
I
ManA�ler) al
of Indian
September 29. 1987
• ,Y�ss
A.
(Clerk of the Cirruil Court, Indian Rivnr County, orida)
(SEAL)