HomeMy WebLinkAbout0166 10. This Court has ~urisdiction to hear this cause and
to render a decision herein, ir.cluding all of the foregoing
Findings of r^act and Conclusions of La~, and is full~ authorized
by law to val~date Che Series B Honds and the proceedings
therefor.
IT IS THEREFOfiE ORDERED A~1D ADJL'DGED t~at not exceeding
$10,250,000 S~. Luc~e County Pollution Control Revenue Bonds
(Florida Power & Light Company Pro~~ct), Series B, of said
County, hereinafter more parricularly described, and the
proceedir.~s therefor, be ar.~ the sa~e ar~ hereb~ validated.
The Series B Bonds will be designatied "Pollution Control
Revenue Bonds (Florida Power & Light Compan~ Pro~ect), Series B",
will be sold in such tctal a_mount, in such ~anr,er and °or _
such orice consistent with the Ac~, will be da~ed, will be3r
interest until Lne~r pay~en: on such dates and at such rate
or rates not exceedir.g nine ar.d one-half per cen~um (9-1!~A)
oer annum, will consist of serial bonds and term bonds or
term bonds only maturing at such time or times (not later than
forty (40~. years £rom their date), ar.d w~il b~ sub,~ect to
redemption a~ such tir,:~s and ~rices,~ an~ the ~2rm ~on3s ~~:all
~ave such AMOrti~ation F.eq~air~r,:en~s (as defined ir_ t'r.e
Tr.denture), al? as sh~l~ ~e deterr,:~ned by Lhe ~oard
resolut'_or. adopted pr_o~ ~a t:~e iss~;ance oi :he Seri es 3
5or.~s . The proceecs oi the Ser~es B~3on3s wi be ap~ li ?d
the pa~~ent oi th? cost cf Lhe Second Phase Pro~e~t.
mhe Se^ies ~ Ronds are ~ssua~le as coupon oor.ds,
;."2~~S~: abw~ 2.S ~O Ui i2:CiC3i alone, iT'i ~ti1@ ~~@::C:!l~::3:.;.0:''- O.°
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