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HomeMy WebLinkAbout1978-059RRSOLUTION NO. 78-59 4: IIRREAS, INDIAN RIVER COUN'T'Y, a I)oIIticaI sub(Iivision i t Of the State of Florida and INDIAN RIVER COUNTY HOSPITAL. DISTRICT, _ a special taxing district organized by the Legislature of the • I State of Florida, have entered into a Contract For Sale and Pur- i I chase slated June 21, 1978 for the sale of the hospital building sit - •• uate at 1840 -25th Street, Vero Beach, Florida, together with ! certain surrounding real property, and WHEREAS, the Contract For Sale provides for certain deeds and bills of sale to be executed by the INDIAN RIVER COUNTY HOSPITAL. DISTRICT, and WHEREAS, the Contract For Sale provides for the transfer of and assumption by INDIAN RIVER COUNTY of all regaining ob.l.i.gn- tions of that certain bond issue described as $7110,000.00 Indian River County, Florida, Hospital Bond,% (1959) issued by Indian River County pursuant to Chapter 155, Florida Statutes, and WHEREAS, the Contract Fr�r Sale provides for the transfer to INDIAN RIVER COU`iT'i of the A, I nkfng fund reserve account, 1959, hospital bond issue balance pr-,sentl'y held at the Florida First National Bank at. Vero Beach in the amount of $54,000.00. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN EJ1VER COUnTY, FLORIDA, .aa follows: 1. Th -it th-, Ch:%ir:'tan $9,11 1:1vrk of the Board of County Commissioners of Indfan River County. Florida are authorized to accept, on behalf of INDIAN RIVER COUITY, all deeds, bilis of sale, and other appropriate doc-as'aents necessary to transfer title to the renal and personal property s:hich is the subject of the Contract For Sale and Purchase r.•ful-red to above, to INDIAN RIVER COUNTY. 2. That the Chairman and Clerk of the Board of County Commissioners of Indian River County are authorized to execute, on behalf of INDIAN RIVER COUNTY, all documents necessary and appropriate I 4M • •0 . �1 w to assume the $750,000.00 Indian Inver County, Florida, Hospital Bonds (1.959) Issue and all obligations and liabilities thereunder. 3. That the balance in the sinking fund reserve account of the $750„000.00 Indian River County, Florida, Hospital Bond:: (1959) Issue presently held at the Florida First National Bank at Vero Beach in the amount of $54,000.00, presently under the name of the Indian River County Hospital Uistrict be paid over and transferred to an account or accounts In the name of INDIAN RIVFR COUNTY or cash accounts under such authority for withdrawal as may be designated by Indian River County. 4. That the Chairman and Clerk of the Board of County Commissioners of Indian River County, Florida, are authorized to execute, on behalf of INDIAN RIVER COUNTY, Such other agreements and documents necesaary to consurmate the above referred trans- action. AlrA*k�i�kAfAAfAra��at Said Resolution sh.•3ll b---- c(fective as of the 6th day of September, 1978. Attvgt. Freda Wright, Clerk BOARD OF COUNTY C04MISSIONERS OF INDIAN FIVER COUNTY, FLORIDA Byj li�tssr / f��.. M17illfas C. odtke, )r7., Chairman