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INDIAN RIVER COUNTY, FLORIDA
<br />NOTES TO FINANCIAL STATEMENTS - CONTINUED
<br />Year Ended September 30, 1992
<br />6. Lonq-Term Debt - Continued:
<br />Housinq Authoritv Revenue Bonds - Continued
<br />c. Investment Restrictions - Monies in any account created in the
<br />resolution may be invested in authorized investments which mature
<br />not later than 15 days prior to the dates on which the monies will
<br />be needed for the purpose of such fund.
<br />Authorized investments as specified by the resolution are as
<br />follows:
<br />• Direct obligations of the U.S. Government
<br />• Bonds, debentures or notes backed by the full faith and credit
<br />of the U.S. Government
<br />The Housing Authority did not meet all of the required monthly
<br />deposits as set forth in the resolution due to inconsistencies
<br />between FmHA requirements and the resolutions.
<br />Annual Debt Service Payments - Enterprise Fund Bonds Pavable - The annual debt
<br />service payments to amortize the bonds payable outstanding at September 30, 1992
<br />are as follows:
<br />B-39
<br />Yater aolid
<br />Su
<br />Mt•
<br />Yater and
<br />6ewnd
<br />r
<br />Diapoul
<br />Recreational
<br />Siseal Year
<br />Rover
<br />Revenue
<br />Rystla
<br />(Golf Course)
<br />Ming
<br />Revenue
<br />Refunding
<br />Revenue
<br />Revenue
<br />Housing
<br />September 30,
<br />bonds
<br />bonds
<br />Bonds
<br />bond■
<br />Authority
<br />Total
<br />1993
<br />8 1.231.111
<br />1 543.820
<br />t 931.050
<br />6 662.919
<br />6 219.684
<br />i 3.571.314
<br />1994
<br />1.352.220
<br />543.240
<br />934.770
<br />764.519
<br />219,834
<br />3,114,603
<br />1995
<br />1.352,564
<br />517.310
<br />937,640
<br />764,381
<br />220.164
<br />3.822.059
<br />1996
<br />1,351. eat
<br />545,613
<br />9]7,715
<br />763.316
<br />219,474
<br />3.817,446
<br />1997
<br />1,350.010
<br />543.512
<br />938.3SS
<br />761,361
<br />219.774
<br />3:.013,012
<br />1998-1002
<br />6.754,325
<br />2.726,181
<br />4,692.910
<br />3,$23.170
<br />1.097.770
<br />19.094,313
<br />2003-2007
<br />6.763.410
<br />2.721,3:0
<br />-
<br />3,81.0.681
<br />1.097.420
<br />14.101.341
<br />2001-2012
<br />6.763.707
<br />2.724.910
<br />-
<br />3,814,438
<br />1.095.220
<br />14.391,275
<br />2013-2017
<br />5.915.055
<br />2,724,930
<br />-
<br />2.811.239
<br />1.096,470
<br />12.617.691
<br />2016-2022
<br />2r 198.776
<br />1.095.630
<br />-
<br />-
<br />736.030
<br />4.730.436
<br />2023-2027
<br />2.697.920
<br />-
<br />-
<br />-
<br />75,144
<br />2.973.064
<br />2021-2032
<br />11159.988
<br />1.139.8te
<br />'orale
<br />39.861,154
<br />14,716,533
<br />9,374,940
<br />17,963,974
<br />6.296,984
<br />88.2131585
<br />4251 Amounts representing
<br />interest
<br />21.093.754
<br />8.416.533
<br />2.119.940
<br />9.313.974
<br />94/.584
<br />42.492.785
<br />Sotal Bonds Sayable
<br />18!767.400
<br />6.300.000
<br />6,555,000
<br />8.650.000
<br />5.448,400
<br />45.720,800
<br />4u. Current portion
<br />162,800
<br />BD,000
<br />480.000
<br />50100D
<br />165,000
<br />937.800
<br />uMmortiud bond
<br />discount
<br />224.954
<br />819.379.646
<br />28.001
<br />6 6.191.999
<br />A 6.075.000
<br />11t.413
<br />9 9.411.587
<br />65.213.400
<br />441.368
<br />246.341.632
<br />B-39
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