HomeMy WebLinkAbout2130 ~vith Section 103(c)(4)(R) and (F) of the Internal Revenue Code
of 1954, as ar.iended, and with Regulations Section 1.103-8 (a) ( 5)
and Section 1.103-8(f) and (g):
(i) a written statement of the County Administrator
of the County, approvea by the chief engineering officer of
the Company and by independent engineering c~nsultants,
that the construction and acquisition of the First Phase
Project commenced before Septe~*?ber 2, 1972 and the First
Phase Project has not been placed in service,
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(ii) a written statement of the County Aclministrator
of St. Lucie County, approved by the chief engineerino officer
~ of the Company and by independent engineering consultants,
stating that (A) the First Phase Project, the cost of cahich
will be paid from the proceeds of the Series A Bonds, is
property to be used in whole to abate or control water
and atmospheric ~ollution or ^ontamination by removing,
altering, disposing or storing pollutants, contaminants,
; wastes or heat, (B) the expenditure for the property
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; consisting of the First Phase Project, the cost of which
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~ will be paid from the proceeds of the Series A Bonds, would
not be made but for the purpose of controlling poll_ution,
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' and (C) said expenditure has no significant purpose other
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~ than the purpose of poZlution control inasmuch as the First
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~ Phase Project, the cost of which will be paid fror,? the proceeds
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~ of the Series A Bonds, is not designed to resu?t in an increase
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~ in production or capacity, or in a material extension of the
useful life of any of Florida Power & Light Cor.lpany's
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~ manufacturinc~ or production facilities or any part thereof,
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' (iii) a written opinion of the County Attorney of ~
- St. Lucie County that t.he First Phase Project, the cost
of which will ~be paid fror.? the proceeds of the Series A
Bonds, is propei't~i either of a character subject to the
= allowance for depreciation provided in Section 167 of the
- Internal Revenue Code of 1954, as ar.iended, or land,
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~ P~E 2130
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