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1995-075
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1995-075
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Last modified
6/13/2018 2:25:34 PM
Creation date
6/13/2018 2:20:48 PM
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Resolutions
Resolution Number
1995-075
Approved Date
06/20/1995
Resolution Type
Bonds
Entity Name
Indian River County
Subject
General Obligation Bonds $15,000,000
Supplementing Resolution 1995-063
Document Relationships
1995-063
(Agenda)
Path:
\Resolutions\1990'S\1995
1995-083
(Cover Page)
Path:
\Resolutions\1990'S\1995
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While the population of the County has been steadily increasing, so has the median age of the <br />resident population. The following table illustrates the percentage of population in the various age groups <br />since 1960. <br />Ate Group1960 <br />1970 <br />1980 <br />1990 <br />1993 <br />0-14 <br />30.4% <br />27.3 <br />18.1% <br />16.4% <br />16.1% <br />15-44 <br />33.5 <br />33.4 <br />37.2 <br />34.9 <br />34.6 <br />45-64 <br />22.1 <br />21.9 <br />24.4 <br />21.6 <br />21.8 <br />65 + <br />13.9 <br />17.4 <br />20.3 <br />27.1 <br />27.4 <br />Source: U.S. Census Bureau <br />University of Florida Bureau of Economic and Business Research; <br />Florida Estimates of Population 1994 <br />Industry <br />The economy of the County is based upon agriculture (citrus and cattle), tourism, light <br />manufacturing, wholesale and retail trade and commercial fishing. In the crop years 1992-1993, the <br />County had 65,446 acres of citrus which produced 22,552,000 boxes of oranges, grapefruit and specialty <br />fruit. The County was third among all Florida counties in total citrus production, but second in grapefruit <br />production. Part of the citrus fruit grown in the County is sold to the fresh fruit market. There are 21 <br />major packing houses and one citrus juice processing plant located in the County. Approximately 50,000 <br />acres of improved pasture and rangeland are utilized for dairy farming and beef cattle production, while <br />approximately 35,000 acres remain as forest and woodlands. <br />Other industries include cabinet shops, machine shops, welding shops, sheet metal fabricators, <br />mattress ticking, construction, architectural and ornamental iron works, stone and marble products, <br />asphalt, pilot training school, welding school, television antennas, wholesale seafood, metal windows and <br />awnings, printing, air handling systems, ready mix concrete, concrete blocks, precast concrete products, <br />electronic components, plating and machine shop equipment, screw machine parts, aircraft parts and <br />supplies, factory built homes, dairy products, newspaper, radio stations and temperature controls. Nine <br />banks and 11 savings and loan associations are located within the County. <br />Tourism and Recreation <br />The Atlantic beaches and the excellent climate in the County provide the basis for a year-round <br />tourist industry. There are numerous hotels and motels in the County as well as retail and service <br />establishments geared to serving the tourist trade. <br />Forty-six miles of riverfront on the Indian River, many miles of canals and lakefront and about <br />23 miles of Atlantic Ocean beaches as well as 2 state parks, 8 county parks, and 9 public and 7 private <br />golf courses provide ample opportunity for outdoor recreation. <br />B-2 <br />
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