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Comprehensive Plan Capital Improvements Element <br />Table 6.6: Indian River County Existing Long Term Debt <br />Initial <br />Amount <br />Average <br />Final <br />Amount <br />Remaining <br />Interest <br />Maturity <br />ty <br />Bond Rating <br />Security Pledge <br />C@09/30/20167 <br />Rate <br />Water & Sewer Revenue Bonds: <br />2015 Series <br />$7,171,000 <br />oo <br />$6x,0 <br />5.20606 0000 8 <br />1.65% <br />2022 <br />N/A <br />Water &Sewer Revenues <br />2009 Series <br />$26,370,000 <br />AA9 <br />15 620'000 <br />3.68% <br />2024 <br />AA+/AA <br />Water & Sewer Revenues <br />Recreation Revenue Bonds <br />2001 Series Spring <br />Training Facility <br />$16,810,000 <br />$6,735,0004.87% <br />$16.215.000 <br />2031 <br />AAA/FGIC <br />(Insured) <br />State Funds & Tourist Tax <br />Voted G.O. Bonds <br />Environmental <br />Lands Acquisition <br />$20,369,000 <br />$1909 <br />1.66% <br />2021 <br />N/A <br />General Obligation <br />2015 Series <br />Total Bonds <br />$Sg{�g2ggg 46 7 <br />Outstanding <br />47.000. <br />Source: Indian River County Budget X2017/18. <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. Those policies and practices relate to the county's existing level -of - <br />service standards, impact fee programs, comprehensive plan, and enterprise fund accounts. <br />Existing Level -of -Service Standards <br />Level -of -service (LOS) standards are indicators of the extent or degree of service provided by, or <br />proposed to be provided by, a facility based on and related to the operational characteristics of the <br />facility. Level -of -service standards indicate the capacity per unit of demand of each public facility. <br />Level -of -service standards can affect the timing and location of development by guiding development <br />to areas where facilities may have excess capacity. Indian River County has level -of -service <br />standards for capital facilities as follows: <br />➢ Correctional Facilities (Countywide) <br />• 4.5 beds per 1,000 permanent plus weighted peak seasonal population <br />➢ Fire/EMS (Countywide, excluding Indian River Shores) <br />• .089 Stations per 1,000 permanent plus weighted peak seasonal population <br />Community Development Department Indian River County <br />Adopted , Ordinance 2017- 23 <br />P2 70 <br />