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9/14/1987
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9/14/1987
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Last modified
7/23/2015 11:59:20 AM
Creation date
6/12/2015 1:57:02 PM
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Meetings
Meeting Type
Special Call Meeting
Document Type
Minutes
Meeting Date
09/14/1987
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9 <br />C1112, <br />W <br />C3 <br />pa <br />INDIAN RIVER COUNTY <br />CD <br />Existing Long 'Perm Debt <br />o <br />Average <br />m <br />Initial <br />Amount <br />Interest <br />Final <br />Boni urc Bond <br />Security <br />g <br />mown' <br />. -. <br />Remainine <br />Ralc <br />Maturity <br />Itcntainine Ralin <br />Pledee <br />Various Water &Sewer <br />$ 9,215,100 <br />$ 9,068,500 <br />5% <br />2017-2024 <br />34 Ycars.• • � <br />Gross Water & Sewcr <br />11-evenue Bonds <br />Revenues' ,. <br />(1 issues) (FHA) <br />Water & Sewer Revenue <br />7,215,000 <br />4,190,575 <br />• 10% <br />1995 <br />81years <br />"Special Assessments <br />Londs (2 issues) (SR60) <br />Solid Waste Disposal <br />1,815,000 <br />1,170,000 <br />5.3% <br />1994 <br />7 Ycars A/A .. <br />Net Revenues, Guaranteed <br />System Revenue <br />Entitlement <br />Bonds <br />Capital Improvement <br />9,855,000 <br />9,625,000 <br />89% <br />2005 <br />18 Years :..Aaa/AAA. <br />One-Half Cent Sales 1'ax;=, <br />Revenue Bonds (2 issues) <br />3;655,000 <br />3655,000 <br />7.3% <br />2005 <br />18 Years Insured <br />-Revenue N <br />Recreational Revenue <br />2,720,000 <br />2,720,000 <br />7.5% <br />2015 <br />'28 Years ' . NR/AAA . ' <br />Net Revenues, Race Track; <br />Bonds (Sandridge <br />(InsuYed) • <br />Revenues <br />Golf Course) <br />General Obligation.: <br />5.000.000 <br />1.125,000 <br />6.5% <br />1988 <br />1 Year 'A/A. <br />Ad-Valorem Tax ltevenuls <br />Bonds (Beach Bonds) <br />$39,475,100 <br />$31,554,075 <br />7.4%* <br />20 Years** <br />* ',Average over-all interest rate ' <br />** Average over-all bond life <br />General Obligation debt is approximately 3.69o.'- - <br />of total 'outstandingLLJ <br />; <br />Go <br />P3.. <br />
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