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Indian River County, Florida
<br />Notes To Financial Statements
<br />Year Ended September 30, 2010
<br />NOTE 13 - LONG-TERM LIABILITIES - Continued
<br />B. Primary Government - Continued
<br />Spring TrainingFacility Revenue Bonds - Continued
<br />Optional Redemption - The Series 2001 bonds maturing on or after April 1, 2012, are subject to
<br />redemption at the option of the County in whole or in part, on April 1, 2011, or on any date thereafter at
<br />par plus accrued interest and plus a premium ranging between 0% to 1% depending on the year of the
<br />redemption.
<br />Mandatory Redemption - The Series 2001 Term Bonds are subject to mandatory redemption prior to
<br />maturity, by lot, at par plus accrued interest, according to the following schedule:
<br />Term Bonds due April 1, 2015
<br />Date Principal Amount
<br />April 1, 2014 $ 685,000
<br />April 1, 2015 725,000
<br />Term Bonds due April 1, 2017
<br />Date Principal Amount
<br />April 1, 2016 $ 760,000
<br />April 1, 2017 795,000
<br />Term Bonds due April 1, 2021
<br />Date Principal Amount
<br />April 1, 2018 $ 840,000
<br />April 1, 2019 890,000
<br />April 1, 2020 930,000
<br />April 1, 2021 980,000
<br />Term Bonds due April 1, 2027
<br />Date
<br />Principal Amount
<br />April 1, 2022
<br />$ 305,000
<br />April 1, 2023
<br />320,000
<br />April 1, 2024
<br />340,000
<br />April 1, 2025
<br />355,000
<br />April 1, 2026
<br />375,000
<br />April 1, 2027
<br />390,000
<br />Term Bonds due April 1, 2031
<br />Date Principal Amount
<br />April 1, 2028 $ 410,000
<br />April 1, 2029 430,000
<br />April 1, 2030 455,000
<br />April 1, 2031 435,000
<br />79
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