HomeMy WebLinkAbout0161 RESOLUTION AMENDING AND READOPTI~G
RESOLUTION N0. 74-100, ENTITLED "RESOLL'-
TION AUTHORIZING THE ISSUANCE OF NOT EX-
- CEEDING $5a,000,000 ST. LUCIE COUNTY
~ POLLJTION CONTROL REVENUE BONDS (FLORIDA
POWER & LIGHT COMPANY PROJECT), SERIES B,
FOR THE PURPOSE OF PAYING A PART OF THE
COST OF A CAPITAL PROJECT CO~SISTING
OF AIR AND WATER POLLJTION CONTROL AND
SEWAGE AND SOLID WASTE DISPOSAL FACILI-
TIES TO BE LOCATED IN OR ON THE PROPERTIES
OF FLORIDA POWER & LIGHT COriPA~iY IN ST.
LUCIE COUNTY, FLORIDA, PURSUANT TO mHE
FLORIDA INDUSTRIAL DEVELOPt~NT FINANCIPIG
ACT; AND PROVIDING THAT SUCH REVENLTE
BONDS SHALL NOT CONSTITUTE A DEBT, LI4-
BILITY OR CBLIGATION OF ST. LUCIE COUNTY
OR THE STATE OF FLORIDA OR ANY POLITICAL ~
SUBDIVISION TNEREOF BUT SHALL BE PAY-
ABLE SOLELY FROM THE REVENUES PRO~IIDED
' THEREFOR." TO AMEND EXHIBIT A TO THE
INSTALLMENT PURCHASE AND SECURITY CON-
TRACT, TC REDUCE THE AUTHORIZED PRINCI-
PAL AMOUNT OF SUCH BONDS TO ~20,250,000,
TO AUTHCRIZE OFFICIALS OF THE COUNTY TO
PROSECUTE VALTDATIOrI PROCEEDINGS IV
COVNECTIO;i 'vJITH SUCH BOPdDS AND TO RE- -
ADOPT AND TO CO;~FIRIt1 RESOLUTIOV N0.
74-100 AS SO AME~IDED AvD READOPTED.
a~athorizing (i? a~ Amendment to Exhibit A to Installmen~
Purchase and Security Contract (~he "Exhibit k Amendment")
to correct the descr~ption o£ the Second Phase Pro~ect set
forth in I~er~.s IIi, IV an3 V of ~xhibit A to the Original -
Contract 2n3 to dele~e cer~3i?"i ~~er~s an which no ~roceeds
o: bonds issued ur.der ~::e ir.den~are ~fr~:l ~e e~cpende~ and (iiJ
~Y'i@ issUance O_° ~^evQnue bon(~S Of ~he ~oar.~ j/ ~ri ~t"!~ aggre$3~?
gr;nciaaZ amount or not exceedinv ~~~,250,J0~ (*he "Series ~
Bonds" 1 under t:~e au~hor:. of ;he ~.ct and ~u»suar.c ~o the
provisicr:s o~' tne Crig~nal Con:2'3Ct as a:~ended b~ t!~e ~xhio~.t
A A.;.er.d::er:~ (tne "Contract") and ~::e I^den~~are.
(bo~ ^he rount;~, °r~r.: ~ime t~ ;i^;e, u::~?^ ;:~e ccr.d~`~~*:s,
' i:n~*a*ions ~r.d »°s~r~c~ior.s se- ~or.h :nJ :r.~en~are
=ssue ad~i ~ iona~ szr~.es o_ oor*.ds or _ n~r; tr~ ~Ii o ~he_•
i o. .dc,~s ~-i-~ ir+.ir,~r~4-~w•~so :^0=' ~u:~vC c~Z;1 i'•~'-~
- ~ond~ ~ssa ~ ur.u.._ „.e . . se a~. ~
,
~he cos : of cor^F~e : ins tY:e ?:~c~ p ~ ~a; i::g a~l o» ~ar~
~
o~' ~he ~ost o_° T:nc~^ove:^en~s (a~ ~e~ ~r.e : i.^. tze Ir~de:-~~;:re;
an~ refunui.^.g bor~~5 O_° ar.y S°^~~S ~SStI°3 U:':d°:' ~he ;:.~~2'_':~L::'° .
~11 _
Boox 263 ~~8