Title: Exhibit B - United States of America, State of Florida, West Coast Regional Water Supply Authority - Capital Improvement Revenue Bond (City of New Port Richey/Pasco County Project)
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 Material Information
Title: Exhibit B - United States of America, State of Florida, West Coast Regional Water Supply Authority - Capital Improvement Revenue Bond (City of New Port Richey/Pasco County Project)
Physical Description: Book
Language: English
 Subjects
Spatial Coverage: North America -- United States of America -- Florida
 Notes
Abstract: Jake Varn Collection - Exhibit B - United States of America, State of Florida, West Coast Regional Water Supply Authority - Capital Improvement Revenue Bond (City of New Port Richey/Pasco County Project)
General Note: Box 28, Folder 2 ( West Coast Regional Water Supply Authority Agreements - 1976-1982 ), Item 6
Funding: Digitized by the Legal Technology Institute in the Levin College of Law at the University of Florida.
 Record Information
Bibliographic ID: WL00004690
Volume ID: VID00001
Source Institution: Levin College of Law, University of Florida
Holding Location: Levin College of Law, University of Florida
Rights Management: All rights reserved by the source institution and holding location.

Full Text










EXHIBIT B


No. $5,000

UNITED STATES OF AMERICA
STATE OF FLORIDA
WEST COAST REGIONAL WATER SUPPLY AUTHORITY
CAPITAL IMPROVEMENT REVENUE BOND
(CITY OF NEW PORT RICHEY/PASCO COUNTY PROJECT), SERIES 1982


KNOW ALL MEN BY THESE PRESENTS, that West Coast Regional

Water Supply Authority ("the Issuer"), for value received,

hereby promises to pay to the bearer hereof or, if this Bond

be registered, to the registered owner as herein provided,

on the day of solely from the

revenues hereinafter mentioned, the principal sum of FIVE

THOUSAND DOLLARS and to pay interest on said sum from the

date hereof at the rate of percent ( %) per

annum, payable semiannually on and

of each year, commencing on 1982, until

said principal sum is duly paid or provided for, but only

upon the presentation and surrender of the annexed coupons

as they severally fall due. Both principal of, and interest

on, this 'Bond are payable in lawful money of the United

States of America at the principal office of

_, or its successor, or at the option of the

holder, at or its successor.


EXHIBIT B











The Bonds of this issue are subject to redemption prior

to their maturity (INSERT TERM BOND AMORTIZATION PROVISIONS)

The Bonds of this issue shall be further subject to redemp-

tion prior to their maturity at the option of the Issuer

(INSERT OPTIONAL REDEMPTION PROVISIONS).

Notice of such redemption shall be given in the manner

required by the Resolution, as hereinafter defined.

This Bond is one of an authorized issue of bonds in the

aggregate principal amount of $ of like date,
tenor and effect, except as to number, maturity (unless all

bonds mature on the same date) and interest rate, issued to

finance the cost of the acquisition and construction of

certain wells, pipes, pumps, and related facilities used to

produce and transport water ("the Project"), as more fully

defined in the Resolution, pursuant to the authority of and

in full compliance with the Constitution and laws of the

State of Florida, including, but not limited to, Part I,

Chapter 159, Florida Statutes, Section 163.01, Florida

Statutes, and Section 373.1962, Florida Statutes, and other

applicable provisions of law, and a resolution duly adopted

by the Issuer on April 19, 1982 ("the Resolution"). This

Bond is subject to all the terms and conditions of the

Resolution and capitalized terms not otherwise defined
herein shall have the same meanings ascribed to them in the
Resolution.












This Bond and its interest coupons are payable from and

secured solely by a prior lien upon and pledge of certain

revenues received by the Issuer as proceeds from an agreement

for water supply and sale and certain funds and investment

revenues in the manner and to the extent provided in the

Resolution. Please refer to the Resolution for the provi-

sions, among others, relating to the terms, lien and secur-

ity for the Bonds, the custody and application of the pro-

ceeds of the Bonds, the rights and remedies of the holders

of the Bonds, and the extent of and limitations on the

Issuer's rights, duties, and obligations.

This Bond shall not be deemed to constitute a debt or a

pledge of the full faith and credit of the Issuer, the State

of Florida, or any political subdivision thereof within the

meaning of any constitutional, legislative or charter pro-

vision, or limitation, and it is expressly agreed by the

holders of this Bond and of its interest coupons that such

holders shall never have the right, directly or indirectly,

to require or compel the exercise of any taxing power of the

Issuer or any other public authority or governmental body to

pay the principal of, any interest on, and redemption

premiums, if any, with respect to, this Bond or to pay any

other amounts provided for in the Resolution.

It is further agreed between the Issuer and the holder
of this Bond that this Bond and the indebtedness evidenced
hereby shall not-constitute a lien upon any property of the











Issuer, but shall constitute a lien only on the Pledged

Revenues described above, in the manner provided in the

Resolution.

The Issuer has entered into certain further covenants

with the holders of the Bonds. Please refer to the Resolu-

tion for the terms of these covenants.

It is hereby certified and recited that all acts,

conditions and things required to exist, to happen, and to

be performed precedent to and in the issuance of this Bond

exist, have happened, and have been performed in regular and

due form and time as required by the Constitution and laws

of the State of Florida applicable hereto, and that the

issuance of the Bonds does not violate any constitutional or

statutory limitation or provision.

This Bond and their interest coupons are and investment

securities under the Uniform Commercial Code of the State of

Florida.

This Bond may be registered as to principal only or as

to both principal and interest in accordance with the provi-

sions setforth.herein.

IN WITNESS WHEREOF, West Coast Regional Water Supply

Authority has issued this Bond; it has caused the same to be

signed by the Chairman of the Board of Directors and at-

tested and countersigned by the Secretary of the Board of
Directors, either manually or with their facsimile signa-












tures; it has caused its seal or a facsimile thereof to be

affixed, impressed, imprinted, lithographed, or reproduced

hereon; it has caused the interest coupons hereto attached

to be executed with the facsimile signatures of such officers:

and all of these acts have been performed as of the day

of 1982.


WEST COAST REGIONAL WATER
SUPPLY AUTHORITY


By:

(SEAL)

ATTESTED AND COUNTERSIGNED:


By:
Secretary


FORM OF COUPON

No. $


Unless the Bond to which this interest coupon relates

is callable and shall have been previously duly called for

prior redemption and payment thereof duly made or provided

for, on the 1st day of _, West Coast

Regional Water Supply Authority will pay to the bearer at

the principal office of or,

at the option of the holder, at the principal office of

or successor paying agents,
solely from the special funds described in the Bond to which












this interest coupon relates, the amount shown hereon in

lawful money of the United States of America, upon presen-

tation and surrender of this interest coupon, said amount

being the interest then due on its Capital Improvement

Revenue Bond (City of New Port Richey/Pasco County Project),

Series 1982, dated No. .

WEST COAST REGIONAL WATER
SUPPLY AUTHORITY


By:
Chairman of Board of Directors
ATTESTED AND COUNTERSIGNED:


By:
Secretary


VALIDATION CERTIFICATE

This Bond is one of a series of bonds that were validated

and confirmed by judgment of the Circuit Court of the Thirteenth

Judicial Circuit of the State of Florida, in and for Pasco

County, rendered on 1982.


Secretary Chairman of Board of Directors



PROVISION FOR REGISTRATION

This Bond may be registered in the name of the holder

as to principal only or as to both principal and interest.

Registration shall be made on the books kept by the Registrar












appointed by the Issuer and noted by the Registrar in the

blank below and thereafter no transfer shall be valid unless

(i) made by written assignment, (ii) noted on books of the

Registrar and (iii) noted in the blank bel6w. Registration

as to principal only shall not restrain the negotiability of

the interest coupons. When this Bond is registered, all

unmatured interest coupons affixed hereto may be surrendered

with instruction to pay interest only to the registered

owner, in which event the Registrar shall note in the blank

below that this Bond is registered as to both principal and

interest. Thereafter the interest will be remitted by mail

to the registered owner. This Bond may be discharged from

registration by being transferred to bearer, after which it

shall be transferable by delivery, and the Registrar shall

note below that this Bond is payable to bearer. This Bond

may thereafter be registered again. Upon reconversion of

this Bond when registered as to both principal and interest,

into a coupon bond, coupons representing the interest to

accrue upon the Bond from the last interest payment date

prior to reconversion to the date of maturity shall be

attached hereto by the Registrar. No charge shall be made

for the first registration or for the first reconversion to

bearer but thereafter the Issuer may recover reasonable
expenses for every such transfer.
Date of In Whose Name Manner of Signature of
Registration Registered Registration Registrar



7.















STATE OF FLORIDA

COUNTY OF PINELLAS


The foregoing instrument was acknowledged before me this 19th day

of April 1982 by Corinne Freeman and Gene Heath

as Chairman and Secretary, respectively, of the West Coast Regional Water

Supply Authority.





Notary Put) ic
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