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-4R Rite Structure Pursuant to the County Resolutions Nos.91-31 and 91-145, the County has established water and sewer charges for Fiscal Years 1991, 1992 and 1993. The uniform water and sewer rates for Fiscal Years 1991, 1992, and 1993 are set forth below: EtssalYsst Water: 1991 1992 1993 Billing Charge 2.00 2.00 2.00 Base Facilities Charge - per ERU 6.20 8.70 9.20 Volume Charge per 1,000 gallons, per ERU 0-3,000 1.75 1.75 1.75 3,001-7,000 2.15 2.15 2.15 7,001 2.55 2.SS 2.55 Excess Volume Surcharge - Greater than 13,000 galloos per month per ERU 1.95 2.10 2.30 Sewer: Billing Charge 2.00 2.00 2.00 Base Facilities Charge 7.60 12.25 13.50 Volume Charge - 85% of water use 3.35 3.35 3.35 Excess Volume Surcharge - Grater than 11,000 gallons per month per ERU 3.70 4.05 4.45 In addition to the charges shown above, users of the North Beach Water System aro subject to a $13 per ERU per month surcharge ('North Beach Water Surcharge"). This surcharge generated approximately $291,867 in revenues in the County's Fiscal Year ended September 30, 1990. When the 1991 Project is placed into service, additional revalues will be received from generators of septage wastes and owners of grease trap. For Fiscal Years 1992 and 1993 the County will charge tipping fees of $100 per 1000 gallons and $105 per 1000 gallons, respectively, for all septage loads received at the 1991 Project (assuming septage haulers carry full truck loads). The County estimates that tipping fees will generate a total of $144,000 during the first full year of the operation of the 1991 Project. Certain portions of such revenues may be recovered from the City of Vero Beach with respect to septage customers within the corporate limits of such city who subsequently become sewered. Revenues also will be generated from an estimated $325 annual charge for each active grace trap within the County. The County estimates that such charges will generate a total of $86,000 during the first full year of the operation of the 1991 Project. Outstanding Debt After the issuance of the Series 1991 Bonds and the retirement of the Series 1988 Notes, there will be an aggregate of S25,245,000* principal amount of indebtedness of the County outstanding in connection with the System, consisting of (I) $9,650,000 outstanding principal amount of the Senior Lien Bonds, (u) $6,375,000 outstanding principal amount of the Series 1989 Bonds, and (iii) $9,085,000* outstanding principal amount of the Series 1991 Bonds. Selected Financial Data The following table sets forth selected financial data for the System for the Fiscal Years ended September 30, 1987 through September 30, 1990. The data have been derived from the Water and Sewer System Fund and are summaries of the audited financial statements for Fiscal Years ended September 30, 1987, September 30, 1988, September 30, 1989, and September 30, 1990 examined by Coopers & Lybrand, Orlando, Florida. The table also includes estimated and budgeted figures from 1991 and 1992. *Preliminary subject to change. 1