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RESOLUTION NO. 81-28
A RESOLUTION AMENDING RESOLUTION NO. 78-6
DULY ADOPTED ON JANUARY 23, 1978, BY THE
BOARD OF COUNTY COMMISSIONERS OF INDIAN
RIVER COUNTY, FLORIDA, ENTITLED:
"RESOLUTION PROVIDING FOR THE ACQUISITION
OF A WATER AND SEWER SYSTEM IN INDIAN
RIVER COUNTY, FLORIDA, AND THE CONSTRUCTION
AND ERECTION OF EXTENSIONS AND IMPROVEMENTS
THERETO; AUTHORIZING THE ISSUANCE BY THE
COUNTY OF NOT EXCEEDING $402,500 WATER AND
SEWER REVENUE BONDS, SERIES 1979, TO
FINANCE A PART OF THE COST THEREOF; PLEDGING
THE GROSS REVENUES OF SUCH SYSTEM TO SECURE
PAYMENT OF THE PRINCIPAL OF AND INTEREST ON
THE BONDS; AND PROVIDING FOR THE RIGHTS OF
THE HOLDERS OF THE BONDS."
TO MORE PAP. ICULARLY DESCRIBE THE SYSTEM; AND
PROVIDING AN EFFECTIVE DATE.
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS
(hereinafter called "Board") OF INDIAN RIVER COUNTY, FLORIDA,
that:
SECTION 1. AUTHORITY FOR THIS RESOLUTION. This resolu-
tion is adopted pursuant to Ch. 159, Fla. StaL. (1979), and other
applicable provisions of law.
SECTION 2. FINDINGS. It is hereby ascertained, deter-
mined and declared that:
A. The Board heretofore duly adopted on January 23,
1978, Resolution No. 78-6 entitled:
"RESOLUTION PROVIDING FOR THE ACQUISITION
OF A WATER AND SEWER SYSTEM IN INDIAN
RIVER COUNTY, FLORIDA, AND THE CONSTRUCTION
AND ERECTION OF EXTENSIONS AND IMPROVEMENTS
THERETO; AUTHORIZING THE ISSUANCE BY THE
COUNTY OF NOT EXCEEDING $402,500 WATER AND
SEWER REVENUE BONDS, SERIES 1979, TO
FINANCE A PART OF THE COST THEREOF; PLEDGING
THE GROSS REVENUES OF SUCH SYSTEM TO SECURE
PAYMENT OF THE PRINCIPAL OF AND INTEREST ON
THE BONDS; AND PROVIDING FOR THE RIGHTS OF
THE HOLDERS OF THE BONDS."
(hereinafter called "Resolution").
B. It is necessary and desirable to amend the
Resolution to more particularly describe the System, as defined
in the Resolution.
SECTION 3. AMENDMENT TO RESOLUTION. Subsection 1.02(A)
I
of the Resolution is hereby amended to read as follows:
40
"(A) Indian River County, Florida (the 'Issuer'), does
not presently own or operate a water and sewer system for the
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benefit of its inhabitants, and it is necessary for the continued
preservation of the health, welfare, convenience and safety of.
the Issuer and its inhabitants to acquire a water distribution
and sewage collection and treatment facility more commonly known
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as the Gifford facility, and construct and erect extensions and
improvements thereto (collectively, the 'Project' or the
'System') in accordance with certain plans and specifications now
on file with the Clerk of the Board of County Commissioners of
the Issuer (the 'Clerk')."
SECTION 4. REPEALING CLAUSE. All resolutions or parts
thereof of the Board in conflict with the provisions herein con-
tained are;' to the extent of such conflict, hereby superseded and
repealed.
SECTION 5. EFFECTIVE DATE. This resolution shall rake
effect immediately upon its adoption.
Adopted May 6, 1981.
BOARD, -4V COUNTY COMMISSIONERS OF
INDAN IVER COUNTY., FLORIDA
atritk BJ,/LJons, Chairman
ATTEST:
k -
Freda Wright, Q�