Preserved among the April 21, 2015 Okaloosa County Board of County Commissioners meeting materials (IQM2 meeting 1259). The date shown is the verified meeting context, not an independently established creation date for every attachment. The download catalog used March 17, 2015; the meeting date was corrected using the agenda/minutes heading and matching source filename.
Original publication
Bond Resolution.3
Date
April 21, 2015
Publisher
Okaloosa County Board of County Commissioners
Where to find it
68
Reference collection
Okaloosa County Board of County Commissioners (IQM2 public portal)
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Bond Resolution.3 — extracted reading text
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NGN Draft No.3 4/13/15
019.23
OKALOOSA COUNTY, FLORIDA
_______________________
WATER AND SEWER REVENUE REFUNDING BONDS RESOLUTION
_______________________
ADOPTED APRIL 21, 2015
TABLE OF CONTENTS
PAGE
ARTICLE I
GENERAL
SECTION 1.01. DEFINITIONS ............................................................................................1
SECTION 1.02. AUTHORITY FOR RESOLUTION .........................................................12
SECTION 1.03. RESOLUTION TO CONSTITUTE CONTRACT....................................12
SECTION 1.04. FINDINGS ................................................................................................13
ARTICLE II
AUTHORIZATION, TERMS, EXECUTION AND REGISTRATION OF BONDS
SECTION 2.01. AUTHORIZATION OF BONDS..............................................................14
SECTION 2.02. EXECUTION OF BONDS........................................................................14
SECTION 2.03. AUTHENTICATION................................................................................15
SECTION 2.04. TEMPORARY BONDS ............................................................................15
SECTION 2.05. BONDS MUTILATED, DESTROYED, STOLEN OR LOST.................15
SECTION 2.06. INTERCHANGEABILITY, NEGOTIABILITY AND TRANSFER.......16
SECTION 2.07. FORM OF BONDS ...................................................................................17
ARTICLE III
REDEMPTION OF BONDS
SECTION 3.01. PRIVILEGE OF REDEMPTION..............................................................26
SECTION 3.02. SELECTION OF BONDS TO BE REDEEMED .....................................26
SECTION 3.03. NOTICE OF REDEMPTION....................................................................26
SECTION 3.04. REDEMPTION OF PORTIONS OF BONDS ..........................................27
SECTION 3.05. PAYMENT OF REDEEMED BONDS ....................................................28
ARTICLE IV
SECURITY; FUNDS AND ACCOUNTS; APPLICATION OF GROSS REVENUES
SECTION 4.01. BONDS NOT TO BE INDEBTEDNESS OF ISSUER ............................29
SECTION 4.02. SECURITY FOR BONDS ........................................................................29
SECTION 4.03. SEPARATE ACCOUNTS ........................................................................29
SECTION 4.04. CONSTRUCTION FUND ........................................................................30
SECTION 4.05. CREATION OF FUNDS AND ACCOUNTS ..........................................31
SECTION 4.06. DISPOSITION OF GOVERNMENT GRANTS, GROSS
REVENUES AND SPECIAL ASSESSMENTS.................................32
SECTION 4.07. WATER CONNECTION FEES FUND....................................................40
SECTION 4.08. SEWER CONNECTION FEES FUND ....................................................40
SECTION 4.09. REBATE FUND........................................................................................41
SECTION 4.10. RATE STABILIZATION FUND..............................................................41
SECTION 4.11. INVESTMENTS .......................................................................................42
i
ARTICLE V
COVENANTS
SECTION 5.01. GENERAL ...........................................................
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Citation & reuse
Okaloosa County Board of County Commissioners. “Okaloosa County BOCC — April 21, 2015 — Bond Resolution.3.” April 21, 2015. Bond Resolution.3. Crypt of Echoes evidence ID LED-2026-2fe37bf5bdd24e8fbfba48ce9d11462e. http://127.0.0.1:58097/evidence/LED-2026-2fe37bf5bdd24e8fbfba48ce9d11462e. Accessed [date].
Catalogue citation: Okaloosa County Board of County Commissioners, Bond Resolution.3, meeting materials for April 21, 2015. https://okaloosacountyfl.iqm2.com/Citizens/FileOpen.aspx?Type=4&ID=8104&MeetingID=1259
Preserved county public-record source. Third-party attachments may retain their original rights.
