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HomeMy WebLinkAbout2847 . . ~ ' ~ . . ' t . ~ ~rhiah aan be serviced as to both principal and xntereat Prom the motor vehiale licenae taxes accruing to the Boarda of ~ Public Instruction o~ said Counties under the provisions oP - esid School Capital Outlay Amendment. 6. That petitloner has covenanted in the resolution au- - thorizing the bonds.for each of said reapective Countie~,~pureuant to the provisions of Section 18 oP Article JQI of the Constitution _ oP Fiorida and Chapter 29626, La~?s oF Fiorida, Aats of~1955, that . r ~ the aggregate nwaber of inatruction unite in each of eaid ~ reapective Counties in e?ny Puture achool fiscal year, as-long as the bonds herein validated ehali be outstanding and unpaid, ehall . ! not be leas than the aggregate number of inatruction v~nite in ;I each oP auah respective Countiea for the achool fiecal year , im~aediately preaeding the school fiecal year in Nhich the bonda ~ ~ ~ herein validated shall be isaued, to the full _e~cte~nt neceasary , to pay all the princlpal of and intereet on the bonds herein ~y - , validated, and all other obligatione of petitioner hereto~ore ~ : ~ or hereafter leaued pursuant to said 3ection 18 of Artiale X'II . ~ ; . ; , ~ of the Canstltution of F1oMda, for a~d on beha.lf of the Boarde ; , i of Public.Inetruction oP each of said respective Counties; that ; the enactment of aaid Chapter 29626, La~e o! Florida, Acts of ~ 1955, ia not 1n violation oP said 3eation 18 ot Article X[I of ~ ; • the Conetitution oP F1oMda, and eaid covenant in eaid reeolutione ~ ie 1n all respecte legal and valid. . i 7. That petitioner has provided for a loria o! valldation ~ ~ a certilicate to be atan~ped or ~ritten on eaid State $ahool Bonde, . ~ ~ subatantially in bhe form set out in Seotion 75.11, Florida i 3tatutea; that Sectlon ?5.11, Flor~da 3tatutea applies to agenciee of the State oP Florida and such form ot validation certificate , _ - may legally and validly be affixed to eaid 3tate Schoo2 Bonds.~ . ~ 8. That all oP the pr~oceeds derived Prom the eale oY eaid 3tate 3chool Bonds to be lssued/for each o! the Counties o! ;r ~ ..6.. ~ . . ~ . ~~~x 87 446 ~ . .