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0 <br />O <br />TAMPA <br />NATIoN.BAnK PLATA <br />101 BAST Kerman BLvo <br />Sutra 2100 <br />TAMPA, FLORIDA 33602 <br />'reunions: (1113) 273-6677 <br />FACIIMB.i: (813) 223-2705 <br />AnANrA <br />430MARGATE <br />ATum%Gomm 30321 <br />'Mumma (770)3994700 <br />FAmaia(770)3994162 <br />1LAw Onricaa <br />BRYANT, MILLER AND OLIVE, P.A. ORLANDO <br />c mIRYPWw <br />135 Wm CENTim. <br />SU 181230 <br />MAMA I'Lc InA32301 <br />TF1irloNE (407) 426.7001 <br />FM MI L:(407)426726,2 <br />County Commission <br />Indian River County, Florida <br />Vero Beach, Florida <br />The Bank of New York <br />Jacksonville, Florida <br />THE EXCHANGE BUILDING <br />201 SourH MON ROE STREET, SUITE 500 <br />TALLAHASSEE, FLORIDA 32301 <br />TIDED O E:(850)2228611 <br />FACSIMILE: (850)222-8969 <br />September 1, 2000 <br />PPEAseRFrLYTo: <br />ROBERT C. REm <br />TAILAHASSEE OFFICE <br />BOEEE038e1.011AWAX0a <br />Re: Defeasance of $3,505,000 Principal Amount of the Indian River County, Florida <br />Refunding Revenue Bonds, Series 1992 <br />Ladies and Gentlemen: <br />We are acting as bond counsel for Indian River County, Florida (the "County") in connection <br />with the defeasance by the County of $3,505,000 in principal amount of its Refunding Revenue <br />Bonds, Series 1992 (the "Series 1992 Bonds"). The Series 1992 Bonds were issued pursuant the <br />Constitution and laws of the State of Florida, Chapter 125, Florida Statutes, and other applicable <br />provisions of law, and Resolution No. 92-216 adopted by the County Commission on November 24, <br />1992, as amended and supplemented (the "Resolution"). The County is defeasing the outstanding <br />principal amount $3,505,000 of the Series 1992 Bonds by depositing with The Bank of New York, <br />as escrow agent (the "Escrow Agent") the sum of $3,529,365.93 on September 1, 2000, for deposit <br />into the Escrow Account created pursuant to that certain Escrow Deposit Agreement dated as of <br />September 1, 2000 (the "Escrow Deposit Agreement"), between the County and the Escrow Agent. <br />