Resolution 338-1980
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RESOLUTION NO. 338 -1980
RESOLUTION AMENDING PRICE OF SALE TO
WILLIAM R. HOUGH & COMPANY FROM
$3,960,000.00 to $3,971,840.00.
WHEREAS, the Board of County Commissioners of Monroe County,
Florida, did, on November 19, 1980, adopt Resolution No. 328-.1980
to provide for issuance of Anticipation Notes, and
WHEREAS, in order to assure the validity of said 1ssuance it
has been determined that the municipal bond index interest rate
should be used in lieu of the revenue bond index, now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE
7
COUNTY, FLORIDA, as follows:
1. That Section 6 of Resolution No. 328-1980 1S hereby
amended to read as follows:
"SECTION 6.
SALE OF NOTES.
$4,000,000.00 aggregate
principal amount of the Series A notes are hereby
awarded and sold at private sale to William R. Hough
& Co., St. Petersburg, Florida, at the price of
$3,971,840.00, plus accrued interest. The remaining
authorized principal amount of the notes may be sold
all at one time or from time to time in such manner
and at such price or prices not inconsistent with applic-
able law, as shall hereafter be determined by the Board."
2. All other provisions of Resolution No. ~28-1980 are
hereby reaffirmed and remain in full force and effect.
Passed and adopted by the Board of County Commissioners of
Monroe County, Florida, at a regularly scheduled meeting held
on the 2nd day of December, A.D. 1980.
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNT~ORIDA
Chairman
(Seal)
Attest :.~ &..
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-Cl e r
APPROVED AS TO FORM
AND LEGAL SUFFICIENCY.
BY _~/$~
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