To pay the cost of projects and to refund any outstanding bonds or other forms of
indebtedness issued therefor, the board of county commissioners is authorized to issue
from time to time bonds. Such bonds may be in coupon or registered form, with such
right of conversion, in such denomination or denominations, bear interest at such
rate or rates not exceeding the maximum interest rate permitted by F.S. § 215.84,
or other applicable general law, and shall mature at such time or times not exceeding
thirty-five (35) years from their date or dates as may be determined by resolution
of the board of county commissioners. The bonds may be made redeemable before maturity,
at the option of the board of county commissioners, at such price or prices and under
such terms and conditions as may be fixed by resolution of the board of county commissioners
prior to their issuance. The board of county commissioners shall determine the place
or places of payment of the principal and interest which may be at any bank or trust
company within or without the state. The bonds shall bear the signatures, either manual
or facsimile, of such officers as the board of county commissioners may by resolution
designate, provided that such bonds shall bear at least one (1) signature which is
manually executed thereon, which manual signature may be that of a trustee or a registrar
authenticating such bonds, and the coupons attached to such bonds, if any, shall bear
the facsimile signature or signatures of such officer or officers as likewise designated
by resolution of the board of county commissioners. The bonds shall have the seal
of the board of county commissioners affixed, imprinted, reproduced or lithographed
thereon, all as may be prescribed in the resolution or resolutions authorizing the
issuance thereof. The bonds shall be sold at public sale or private sale, as may be
provided by general law, and at such price or prices as the board of county commissioners
shall determine to be in the best interest of the county.
