To pay the cost of such projects and refundings, as above described, 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 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 may be that of the authenticating officer
of the bond registrar or trustee, which is manually executed thereon, and the coupons
attached to such bonds 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 law, and at such price or prices as the board
of county commissioners shall determine to be in the best interests of the county.
