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RESOLUTION NO. ' 67 -1967
A RESOLUTION AMENDING THE FIRST PARAGRAPH OF SEC-
TION 2. 02 OF ARTICLE II OF RESOLUTION NO. 54-1967, EN-
TITLED "A RESOLUTION AUTHORIZING THE CONSTRUCTION
AND ACQUISITION OF A BRIDGE' ACROSS, CARD SOUND IN
L MONROE COUNTY,' FLORIDA; AUTHORIZING THE ISSUANCE
OF NOT EXCEEDING $2, 600, 000 BRIDGE REVENUE BONDS �TO
FINANCE THE COST OF SAID BRIDGE AND PROVIDING FOR
THE RIGHTS AND REMEDIES OF THE HOLDERS OF SAID
BRIDGE REVENUE BONDS".
WHEREAS, the Board of County Commissioners of -Monroe County,
Florida, on the 14th day of November,- 1967, duly adopted Resolution No.
54-1967, entitled "A Resolution authorizing the construction and acquisition
of a bridge across Card_ Sound in Monroe County, Florida; authorizing the
issuance of not exceeding $2, 600, 000 Bridge Revenue Bonds to finance the
cost of said bridge and providing for the rights and remedies of the holders
of said Bridge Revenue Bonds", and
WHEREAS, it was the intent of said'Board in .said Resolution to author-
ize the issuance of said Bridge Revenue Bonds bearing interest at a rate or
rates not to exceed 6% per annum, and `
WHEREAS, a .typographical error in said Resolution set the interest
rate or rates not to. exceed 5% per annum, instead of the intended 6% per
annum, now, therefore,
BE IT RESOLVED BY.THE BOARD OF COUNTY. COMMISSIONERS OF
MONROE COUNTY, FLORIDA, that the first paragraph of Section 2. 02 of
Article II of Resolution No. 54-1967, adopted November 14, 1967, be, and
the same is hereby amended to read as follows:
Section 2. 02. DESCRIPTION OF BONDS.. The Bonds'shall be
dated September 1, 1967; shall be numbered
from 1 to 520, -both inclusive; shall be in the
denomination of $5, 000 each, shall bear interest
at a_rate or rates not to exceed six per centum
(6%) per annum, payable semi-annually on March
land September 1 of each year,, and shall all ma-
ture on September 1, 1997.
Dated December 21st
1967.