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RESOLUTION NO. 06-094
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF
ST. LUCIE COUNTY, FLORIDA, AMENDING RESOLUTION NO. 05-
347, WHICH PROVIDED FOR THE BORROWING OF NOT EXCEEDING
$43,000,000 TO PROVIDE FINANCING OR REFINANCING FOR THE
ACQUISITION AND CONSTRUCTION OF ADDITIONS, EXTENSIONS
AND IMPROVEMENTS TO PUBLIC BUILDINGS, ROADS, AND PARKS
WITHIN THE COUNTY; PROVIDING FOR AN INTEREST RATE AND
MATURITY PERIOD THAT WILL BE BORNE BY THE INDEBTEDNESS;
READOPTING THE REMAINDER OF RESOLUTION NO. 05-347; AND
PROVIDING AN EFFECTIVE DATE.
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF ST. LUCIE
COUNTY, FLORIDA:
Section 1. Authority for this Resolution. This Resolution is adopted pursuant to
the provisions of the Act, as defined in Resolution No. 05-347.
Section 2. Definitions. The terms contained within the resolution shall be as
defined in Resolution No. 05-347.
Section 3. Interest Rate and Maturity. Improvement Revenue Bonds, Series
2005A (Park Impact Fees Projects), Improvement Revenue Bonds, Series 2005B (Public
Buildings Impact Fees Project), and Improvement Revenue Bonds, Series 2005C (Road
Impact Fees Project) shall bear interest from the date of closing, which shall accrue to
the maturity date at a fixed rate of interest that does not exceed the maximum rate
permitted by Florida law. The Series 2005 Bonds shall mature at a period no greater than
thirty (30) years following their issuance. The financial terms of the 2005 Bonds,
including, but not limited to, the actual interest rate and maturity period, shall be
established prior to the closing on the Bonds by a Supplemental Resolution as defined in
Resolution No. 05-347.
Section 4. Readopting of Resolution 05-347. Except to the extent that it
has been amended herein, Resolution 05-347 is readopted in its entirety
Section 5. Effective Date. This resolution shall take effect immediately upon its
adoption.
EDWIN M. FRY, Jr., CLERK OF THE CIRCUIT COURT
SAINT LUCIE COUNTY
FILE # 2820946 03/27/2006 at 11 :32 AM
OR BOOK 2518 PAGE 738 - 739 Doc Type: RESO
RECORDING: $18,50
Passed and Duly Adopted this /~ day of j)t.L~
meeting duly called and held.
I 2006, at a regular
BOARD OF COUNTY COMMISSIONERS
ST. LUCIE COUNTY, FLORIDA
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Cler of the Circuit Court,
ex-officio Clerk of the Board
APPROVED AS TO FORM AND
CORRECTNESS:
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County Attorney /