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RESOLUTION 21-3230 <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY <br />OF CASSELBERRY, FLORIDA SUPPLEMENTING <br />RESOLUTION 20-3157; AUTHORIZING THE ISSUANCE AND <br />SALE OF THE CITY OF CASSELBERRY, FLORIDA GENERAL <br />OBLIGATION BOND, SERIES 2021 IN A PRINCIPAL <br />AMOUNT OF $6,000,000 IN ORDER TO FINANCE VARIOUS <br />PARK AND RECREATION IMPROVEMENTS AND OTHER <br />CAPITAL COSTS; MAKING CERTAIN COVENANTS AND <br />AGREEMENTS IN CONNECTION WITH THE ISSUANCE <br />AND SALE OF THE SERIES 2021 BOND; AUTHORIZING A <br />NEGOTIATED SALE OF SAID SERIES 2021 BOND TO <br />JPMORGAN CHASE BANK, N.A.; DELEGATING CERTAIN <br />AUTHORITY TO THE MAYOR; PROVIDING FOR CERTAIN <br />TERMS OF THE SERIES 2021 BOND; AUTHORIZING THE <br />EXECUTION AND DELIVERY OF THE SERIES 2021 BOND, <br />SUCH SERIES 2021 BOND TO BE A LIMITED OBLIGATION <br />OF THE CITY PAYABLE FROM AD VALOREM TAXES <br />LEVIED BY THE CITY ON REAL PROPERTY AND <br />IMPROVEMENTS THERETO SUBJECT TO THE CITY'S AD <br />VALOREM TAXING POWER AS PLEDGED HEREIN; <br />PROVIDING FOR THE RIGHTS AND SECURITIES OF THE <br />OWNER OF THE SERIES 2021 BOND; MAKING CERTAIN <br />COVENANTS AND AGREEMENTS FOR THE BENEFIT OF <br />THE PURCHASER OF THE SERIES 2021 BOND; APPOINTING <br />THE CITY AS PAYING AGENT AND BOND REGISTRAR FOR <br />SAID SERIES 2021 BOND; AND PROVIDING AN EFFECTIVE <br />DATE. <br />BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF <br />CASSELBERRY, FLORIDA: <br />SECTION 1. AUTHORIZATION. This Series 2021 Resolution is adopted pursuant to <br />the provisions of Chapter 166, Florida Statutes, Sections 100.201-100.351, Florida Statutes, the <br />Charter of the City of Casselberry, Florida (the "City"), Ordinance 21-1549, Resolution 20-3157 <br />and other applicable provisions of law. <br />SECTION 2. DEFINITIONS. Capitalized terms not otherwise defined herein or below <br />shall have the meanings set forth in Resolution 20-3157. Defined terms herein conflicting with <br />similar defined terms in Resolution 20-3157 shall have the meanings set forth herein. <br />"Act" means Chapter 166, Florida Statutes, Sections 100.201-100.351, Florida Statutes, <br />the Charter of the City, and other applicable provisions of law. <br />"Bond Ordinance" means Ordinance 21-1549 enacted by the City on March 8, 2021. <br />