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HomeMy WebLinkAbout01-299COUI provis Comb Syster "deem Securi deem "deerr the ad' Willia 8254vl/2891 RESOLUTION NO. 01-299 A RESOLUTION DELEGATING TO THE COUNTY ADMINISTRATOR THE AUTHORITY TO DEEM FINAL A PRELIMINARY OFFICIAL STATEMENT FOR THE COUNTY'S NORTH HUTCHINSON ISLAND WATER AND SEWER SYSTEM REVENUE BONDS, SERIES 2001; PROVIDING AN EFFECTIVE DATE. BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF ST. LUCIE {TY, FLORIDA: Section 1. Authority for this Resolution. This resolution is adopted pursuant to the ions of Chapter 125, Part I, Florida Statutes, and other applicable provisions of law. Section 2. Findings. It is hereby found, determined, and declared by the Board of County tissioners (the "Board") as follows: A. The County proposes to offer for sale its North Hutchinson Island Water and Sewer Revenue Bonds, Series 2001 (the "Bonds"), through a public offering of the Bonds. B. Before a proposal can be presented to purchase the Bonds, the County must have ed final", except for permitted omissions, within the meaning of Rule 15c2-12 of the ties and Exchange Commission (the "Rule") the Preliminary Official Statement for the Bonds. C. It is necessary and desirable to delegate to the County Administrator the authority to :he Preliminary Official Statement final on behalf of the County. Section 3. Delegation of Authority. The County Administrator is hereby authorized to final" within the meaning of the Rule the Preliminary Official Statement for the Bonds, on 4ce of Squire, Sanders & Dempsey L.L.P., Bond and Disclosure Counsel to the County, and x~ R. Hough & Co., Financial Advisor to the County. Section 4. Effective Date. This resolution shall take effect immediately upon its approval. ~2-00083/R-D Flork (SEA ATT]5 CZ Passed and Adopted by the Board of County Commissioners of St. Lucie County, a, at a regular meeting duly called and held this 4th day of December 2001. ST. LUCIE COUNTY, FLORIDA ST: Chairman ]erl( of the CircuitouS, ex officio .erk to the Board of County Commissioners APPROVED AS TO FORM: County Attomey 8254vl/289£ 2-00083/R-DELE