HomeMy WebLinkAbout1988-055I ' "IMEMM NO. Be— 5 5
VMWAS, Indian River Comity, Florida (thea "County"), hentofma
adqpW a elution 2, 1988, gelating to profold, Ino. (the
" tion"), whereby the C= -&y auth=ized the iwum= of its revenue
bonds for the paVma of paying the cost of AQgdsit , =Mtr=ion mid
&Vipping of the Corpmticanls proposed facility c isting of certain
lemd, hAldings, struaturss and SquiWent to be uauad as a manufacturing
facility (the "Project") which shall b" located in Indian River County,
Florida; and
%MMS, the Comity is a.:thorized to issue industrial
dv;*laPnent Menue bmAs to finance the Project pursuant to the
Praviaicns Of the Florida industrial. Deivel.7nent Financirq Act, Part I1 of
Chapter 159, Florida Statutes, as =ended; and
WKMMS? in ardW to Batiafy the require=t of Section 147(f)
of the It*A=Ml RetrW a Gods of 1986, as amranded, the Com%ty held a public
hearing en the proposed i5WJanoe of $973,000 industrial develepnent
revenue bonder to fist= the Project (the jjBondajo) cn the dAte of adrpticn
hemf, mare than 14 days follming the first publication of notice of
ffir-h clic hearing in a newspaper of geneeral circulation in Indian River
County, Florida (a true and G==ate copy of the publication of notice is
attached ha eto as Edlibit nen) , which public hearing was =.a� in a
manner that provided a xeas'abl,e opportunity for perscm with differing
views to be heard an both tiers issuance of the Bch and the location grad
rAture of the ejecta ad
SAS, the Board of County 0CMnissioners of Indian River
County, Florida, is taxis elected legislative body of the county,
NOW, THMWaM, BE IT HM EBY REOLVED, by the Board of County
OMMissimUMS of Didi.an River Ctunty, Florida, that the ismmm of the
Brands is h0r@bY aPP=vOd in Elie= with the requiramnU of Section
1.47 (f) of the Interml Mvemm Code of 1986, asamm%W. Tt4e Clerk is
authorized
to maks WJGh MPPUM ion8 to
the State of Florida,
Dig
®f C-snml
Ssrvicmt Division of Bcnd
rinanoo, as may be nsGemary
to
AMP= this 6th day of Sir, 1988.
•apr r �- •• r •i- ..
By. c.
Don C. Scurlock, Jr., a ut
(SEAT,)
ATTEST:
ByVFrecla
tlMliw
r.
ARgaved as to form and .
til Oufficiency
B►_____
County Attarr�y
App,ovetl na' to
Admfn. Gv �y
Legal (
L'J,1 e. R
- q 5
F)
VERO BEACH PRESS -.JOURNAL
Published Daily
Vero Beach, Indian River County, Florida
COUNTY OF INDIAN RIVER: STATE OF FLORIDA
X HIB
Before the undersigned authority personally appeared J J Schumann, Jr who cin oath
says that he is Business Manager of the Vero Beach Press Journal, a daily newspaper published
at Vero Beach in Indian River County, Florida; that the attached copy of advertisement. being
in the matter of
in the
Court, was liub-
lished in said newspaper in the issues of < _
Affiant further says that the said Vero Beach Press -Journal is a newspaper published at
Vero Beach, in sajd Indian River County. Florida. and that the Said newspaper has heretofore
been continuously published in said Indian River County, Florida, each daily and has been
entered as second class mail matter at the post office in Vero Beach, in said Indian River Coun
ty, Florida, for a period of one year next preceding the first publication of the attached copy of
advertisement; and affiant further says that tie has neither paid nor promised any person, firm
or corporation any discount. rebate commission or refund for the purpose of securing this
advertisement for publication in the said newspaper
Sworn to and subscribed before me this d jJay ofLA D. 19 c
1%/ 1 i(Busine�'M hoer)
(Clerk of the Circuit Court, Indian River County, Florida)
(SEAL)
Indian River County, Florida
NOTICE OF PUBLIC HEARING
For Issuance of
Industrial Devel Revenue Bonds
PUBLIC NOTICE I HEREBY GIVEN that on
September 6, 1988, at 9:05 a.m., prevailing local
time, the Board of County Commissioners of In-
dian Riser County, Florida, will convene a public
hearing at the Indian River County Administra-
tion Building, located at 1840 25th Street, Vero
Beach, Florida, concerning the proposed Issu-
ance by Indian River County of Industrial devel-
opment revenue bonds in the roximately ag-
gregate principal amount of $973,900 to finance
the noqulsltlon, construction, equipping and fur-
nishing of a manufacturing facility to be located
at 9500 102nd Terrace, Sebastian, Florida. The
Initial owner and occupant of such facility will be
Profold, Inc., a Florida corporation engaged In
the manufacture of paper folding equipment.
The proposed Industrial development revenue
bonds will be payable solely from revenue to be
derived by Indian River County from payments
to be made by the facility owner under a flnanc-
Ing agreement, or such agreements as the
County shall approve, between the County and
owner of the facility. Such bonds and the inter-
est payable thereon shall not constitute an In-
debtedness or pledge of the general credit or
taxing power cf Indian River County or of the
State of Florida.
At such public hearing, further Information
concerning the proposed facility and Its financ-
Ing will be available and/or presented and inter-
ested Individuals will be given a reasonable op-
Portunity to express their views on the proposed
esus of bonds and the nature and location of
the proposed facility to be financed.
NOTICE IS FURTHER GIVEN, that Immedl-
ately following the aforementioned public hear.
Ing the Board of County Commissioners will
consider approving the issuance of the above•
described bonds for purposes of Section 147(f)
of the Internal Revenue Code of 1986, as
amended, and take such other action related to
the foregoing matters as may be necessary or
appropriate.
Freda Wright, Clerk
Board of County Commissioners
of Indian River County, Florida
August 16, 1988