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OFFICIAL STATEMENT <br />relating to <br />$15,000,000* <br />INDIAN RIVER COUNTY, FLORIDA <br />GENERAL OBLIGATION BONDS, SERIES 1995 <br />INTRODUCTION <br />The purpose of this Official Statement, which includes the cover page, the Summary Statement, <br />and the Appendices hereto, is to furnish information with respect to the issuance by Indian River County, <br />Florida (the "County"), of its General Obligation Bonds, Series 1995 (the "Bonds"). The Bonds in the <br />aggregate principal amount of $15,000,000*, are authorized to be issued by Resolution No. 95-63, <br />adopted by the Board of County Commissioners (the "Board") May 16, 1995, as supplemented (herein, <br />collectively, the "Resolution"). The Resolution authorizes the issuance of not to exceed $26,000,000 <br />aggregate principal amount of general obligation bonds, to be issued in one or more series, of which the <br />Bonds are the first. See "FUTURE FINANCINGS" herein. <br />Capitalized terms used herein shall have the same meanings as given to them in the Resolution, <br />unless otherwise defined herein or where the context would clearly indicate otherwise. The references, <br />excerpts and summaries of all documents referenced herein do not purport to be complete statements of <br />the provisions of such documents, and reference is made to the originals of all such documents for full <br />and complete statements of all matters of fact relating to the Bonds, the security for the payment of the <br />Bonds, and the rights and obligations of owners thereof. Copies of such documents may be obtained <br />from Jeffrey K. Barton, Clerk of the Circuit Court, 1840 25th Street Vero Beach, Florida 32960, upon <br />payment of reproduction costs and postage and handling expenses. <br />The assumptions, estimates, projections and matters of opinion contained in this Official <br />Statement, whether or not so expressly stated, are set forth as such and not as matters of fact, and no <br />representation is made that any of the assumptions or matters of opinion herein are valid or that any <br />projections or estimates contained herein will be realized. Neither this Official Statement nor any other <br />statement which may have been made verbally or in writing in connection with the Bonds, other than the <br />Resolution, is to be construed as a contract with the owners of the Bonds. <br />AUTHORITY FOR BONDS <br />The Bonds are being issued by the County under the authority of and in full compliance with the <br />Constitution and Statutes of the State of Florida, including particularly Chapter 125, Florida Statutes; <br />Resolution No. 92-146 of the Board, adopted August 18, 1992; the vote of the electors of the County on <br />November 3, 1992, in accordance with Chapter 100, Florida Statutes; and the Resolution. <br />*Preliminary, Subject to Change <br />3247/IND38M-9/P0S-B0DY-1 <br />