HomeMy WebLinkAbout2781 • ht~.~J1.C1 ir.U~:..l?:.
. .
. ~ ,
• rank equally as to ~ien on and source and security for payment from the
statc motor vehicle license taxes dis~ributable for the account of
the
IIo~rds of Public Instruction of the respective counties with the lie:~
thereon of the outstanding bonds authorized by the Original Resolutions
nnd SupplementAl Resolutions hereinafter referred to, upon compliance with
the limitations, restrictions and conditions contained in said OriginaJ. ~
Resolutions, said bonds being payable solely from the state motor vehicle
license taxes distributable to the Counties of the State of Florid~ parl
passu with said outstanding bonds and bcing issued for the purpese of
ffnancing the ccst of capital outlay`pro~ects for school purposes as pro-
vided in saic~ School Capital Outlay Amendment.
3. Pursuant to resolutions theretofore duly adopted by the
Boards of Public Instruction of the Counties of Bay, Bradford, Brevard,
Brotiaard, Columbia, Dade, Duval, Hernando, Highlands, Hillsborough,
Indi~.n River, Ma.natee, Orange, Pinellas, Putnam and St. Lucie, requestin~
the issuance of bonds pursuant to said ScYiool Capital Outlay Amendment,
attached to the complaint herein as Exhibits A to P, inclusive, plaintiff,
on the 9th day of April, 1~68, duly adopted resolutions, attached to the
complaint herein as Exhibits A-1 to P--1, inclusive, said reso].utions
respectively being supplemental to Original Resolutions heretofore
~ ~ adonted by Plaintiff and referred to in paragraphs 3 to 18, inclusive,
~
of the complaint herein, a~hich said Original Resolutions provide for the
issuance of pari passu State School Bonds which Frill rank equally as to
lien on and source and security for payment from the state motor vehicle
licez~se taxes distributable for the accounts of the Boards of Public .
Instruction of the respective c~unties with the lien thereon of the out-
standing bonds authorized by such Original Resolutions, and the outstanding
bcnds authorized by resolL~tior.s supplemental to said Original Reso3ut~ons,
upon conlpliance rrith the limitations, restl•icti~ns t:nd conditions containe3
ir. su~i; Criginal Resolutions . Saic: i•~yo?.uti.or~~ adopted Apri 1 9, 1968,
a•~thor~ zed the iss~iance by plaintiff oi Sta~;p School }3onds, ~3ted 1•:arch 1,
lyo~3, in the of Bay, Bradford, Columbia, Dade, Highl~nds, Pinellas
~ind St. Lucie Counties, and June,l, 1968, in the case of Brevard, 3roc~ard,
Duval, ~Iernlndo, }iills~~ruu~h, Indian River, 2•Sanatee, Oran~e and Putr,am ~
,
- -2-
~~172 ~2?65 ~ .
~ ~
.e...~ _ . _ .
~ ~s~-~~. W=_~ _ _ _ . ~ -