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HomeMy WebLinkAbout2784 . , tJ ~ ~ i • -z ~~.f P~r~~~~ . ~ . . of Broward ?Count~, more fully described in Exhibit 0~-1 attached to the complaint herein. Ei~ht Hundred Thousand Dollars ($800,000), Series 0,. for and on behalf of the Board of Public Instruction a - of Hillsborough County, more fully described in Exhibit ' ~ P-1 attached to the complaint herein. That the limitations, restrictions and conditions for the . issuance of pari passu State School Bonds conta3ned in eaeh of the Origirial Resolutions previously adopted by pla3ntiff in the case of the Counties of Bay, Bradford, Brevard,~Broward, Columbia, Dade, Duval, Hernando, Highlands, Hillsborough, Indian River, Manatee, Orange, Pinellas, Putnam and St. Lucie have in eactl case been fully complied with and the issuance of the pari passu State School Bonds, herefn valtdated, is in each case fully author- ized and sucYi pari passu State School Bonds to be issued for and on behalf of the Boar~ls of Public Instruction of the Counties of Bay, Bradford, Brevard, }3roward, Columbia, Dade, Duval, Hernando, Highlands, Hillsbarough, Indian River, Manatee, Orange, Pinellas, Putnam and ~t. Lucie, as herein - prayed, are in all respects legal and valid. - 5. That the amounts of said pari passu State School Bonds ~ proposed to be issued by plaintiff for and on behalf of the Boards of Public Instruction of the Counties of Bay, Bradford, Brevard, Broward, Columbia, Dade, Duval, Hernando, Highlands, Hillsborough, Indian River, bianatee, Orange, Pinellas, Putnam and St. Lucie, when added to the State School Bon3~ previously issued by plaintiff pursuant to said Original Resolutions and said Suoplemental Resolutions, for and on behalf of the respective Boards of Public Instruction of Bay, Bradford, Brevard, Broward, Cf~3i.imbia, Dade, Duval, Hernando, Highlands, R511sbo1•ough, Indian River, 1~~anatee, Oran~e, Pinellas, Putnam and St. Lucie Co»nties, do not exceed seventy-five per cen~t~:t (?5y~) of the arriounts which, can oe serviced as to . both principal and interest from the motoi• veiiicle licer.~e taxes accrui.ng ta the Boards of ~ublic ;Lnstruction o~ said Counties under the ~r~t~isions of said School Capital Outlay Amendment. - 6. ~That ~laa.ntiff has covenanted in the resolution authorizin~ ~ k . the bonds for each of said respective Counties, pursuant to the provisions . l - ~ - °aoo~172 ~acE2768 i . . - ; . ~ : . _ . ~ - _ : - = _