Laserfiche WebLink
Indian River County, Florida <br />Board of County Commissioners <br />Notes To Financial Statements <br />Year Ended September 30, 2017 <br />NOTE 9 - LONG-TERM LIABILITIES - Continued <br />B. Proprietary Funds Long Term Debt — Continued <br />Water and Sewer Revenue Refunding Bonds, Series 2009 - Continued <br />Bonds Issued - At September 30, 2017, the revenue refunding bonds consisted of the following: <br />Description <br />Water and Sewer <br />Revenue Refunding Bonds, <br />Series 2009 <br />Interest Rates <br />and Date <br />4-5% <br />3/1 and 9/1 2024 $ 26,370,000 $ 15,620,000 <br />Maturity Issue <br />Outstanding at <br />September 30, <br />2017 <br />Optional Redemption - The Series 2009 bonds maturing on or prior to September 1, 2019, are not <br />subject to redemption prior to their respective dates of maturity. The Series 2009 bonds stated to mature <br />after September 1, 2019, are subject to redemption at the option of the Board in whole or, from time to <br />time, in part on September 1, 2019, at the redemption price of the principal amount to be redeemed, plus <br />accrued interest to the date of redemption. <br />UZ <br />