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HomeMy WebLinkAboutResolution 507 Refunding Bonds RESOLUTION NO. 507 A RESOLUTION AMENDING RESOLUTION NO. 493 AND 496 OF THE CITY OF WINTER SPRINGS, FLORIDA TO REFLECT THE APPROPRIATE BONDS FOR REFUNDING AND PROVIDING EFFECTIVE DATE. BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, FLORIDA: SECTION I - Resolution No. 493 dated May 17, 1985 is amended as follows: Section 2 - $4,045,000, principal amount of the Refunded Bonds maturing on October 1, 2000 or thereafter, are hereby irrevocably called to redemption, prior to maturity as of October 1, 1994 (the "Call Date"), at the price of 102% of par together with accrued interest thereon to the Call Date. The Notice of Redemption is amended by changing October 1, 2000 to October 1, 1994. SECTION II Resolution No. 496 dated May 17, 1985 is amended as follows: Section 2 - Resolution No. 496 dated May 17, 1985 is amended as follows: Section 2 - $2,325,000 principal amount of the Refunded Bonds maturing on October 1, 2000 or thereafter are hereby irrevocably called for redemption, prior to maturity as of April 1, 1991 (the "Call Date") at the price of 102% together with accrued interest thereon to the Call Date. SECTION III - This Resolution shall take effect immediately upon its adoption. Passed and Adopted by the City of Winter Springs, Florida, on this 17th day of June, 1985. CITY OF WINTER SPRINGS, FLORIDA JOHN V. TORCASO, MAYOR ATTEST; Mary T. Norton City Clerk