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<br />Comprehensive Plan
<br />Capital Improvements Element
<br />ource: Indian River County Budget 2008/09.
<br />Local Policies and Practices
<br />As part of the capital improvements planning process, it is important to do an inventory of current
<br />Indian River County policies and practices that guide the timing, location, expansion, or increase in
<br />capacity of capital facilities. These policies and practices relate to the county's existing level -of -
<br />service standards, impact fee programs, comprehensive plan, and enterprise fund accounts.
<br />Community Development Department
<br />Supplement #13; Adopted November 18, 2008, Ordinance 2008-018
<br />Indian River County
<br />24
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<br />Y a i •. g 4is kst
<br />Existing Long Term==Debt
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<br />Water & Sewer Revenue
<br />Bonds:
<br />1993 A Series
<br />$47,190,000
<br />$32,695,000
<br />5.76%
<br />2024
<br />AAA/FGIC
<br />(Insured)
<br />Water &Sewer
<br />Revenues
<br />2005 Series
<br />$27,675,000
<br />$24,670,000
<br />3.94%
<br />2022
<br />AAA/FGIC
<br />(Insured)
<br />Water & Sewer
<br />Revenues
<br />Recreation Revenue
<br />Bonds
<br />2003 Series
<br />Refunding
<br />Recreational
<br />Revenue
<br />$6,455,000
<br />$4,175,000
<br />3.65%
<br />2016
<br />AAA/AMAC
<br />(Insured)
<br />Golf Course Net
<br />Income, Fronton
<br />Revenue and
<br />Subordinate Lien on
<br />One Half Cent Sales
<br />Tax
<br />2001 Series Spring
<br />Training Facility
<br />816,810,000
<br />$13,455,000
<br />4 87%
<br />2031
<br />AAA/FGIC
<br />(Insured)
<br />State payments,
<br />fourth cent tourist
<br />development tax, and
<br />half -cent sales tax
<br />Voted G.O. Bonds
<br />Environmental
<br />Lands Acquisition
<br />2003 Series
<br />$7,800,000
<br />$2,380,000
<br />2.05%
<br />2010
<br />AAA/AMAC
<br />(Insured)
<br />General Obligation
<br />Environmental
<br />Lands Acquisition
<br />2001 Series
<br />$11,000,000
<br />$6,675,000
<br />3.89%
<br />2016
<br />AAA/FSA
<br />(Insured)
<br />General Obligation
<br />Environmental
<br />Lands Acquisition
<br />2006 Series
<br />$48,600,000
<br />$43,715,000
<br />-4.22%
<br />2021
<br />AAA/MBIA
<br />(Insured)
<br />General Obligation
<br />Total Bonds
<br />Outstanding
<br />$127,765,000
<br />ource: Indian River County Budget 2008/09.
<br />Local Policies and Practices
<br />As part of the capital improvements planning process, it is important to do an inventory of current
<br />Indian River County policies and practices that guide the timing, location, expansion, or increase in
<br />capacity of capital facilities. These policies and practices relate to the county's existing level -of -
<br />service standards, impact fee programs, comprehensive plan, and enterprise fund accounts.
<br />Community Development Department
<br />Supplement #13; Adopted November 18, 2008, Ordinance 2008-018
<br />Indian River County
<br />24
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