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1993-081
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1993-081
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Last modified
8/8/2019 12:47:36 PM
Creation date
8/8/2019 12:45:29 PM
Metadata
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Template:
Resolutions
Resolution Number
1993-081
Approved Date
04/13/1993
Resolution Type
Revenue BOnds
Subject
Specifying terms and provisions of Water & Sewer Revenue revenue bonds (93-80)
Document Relationships
1993-080
(Agenda)
Path:
\Resolutions\1990'S\1993
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FROM 9 M 0 984 224 1544 <br />4.12.1993 20148 P.26 <br />DiBOLOBURN BTATSUBM11 <br />33MISIT C <br />The undersigned, as underwriter, propose to negotiate with <br />Indian River county, Florida for the sale of $50,520,000 principal <br />amount of its mater and Sewer Revenue Refunding Bonds, Series 1993 <br />(the "Bonds"), to be completed on this date. Prior to the award of <br />the Bonds, the following information is hereby furnished to the <br />countye <br />1. Set forth is an itemized list of the nature and estimated <br />amounts of expenses to be incurred by the Underwriter in connection <br />with the issuance of the Bondss <br />ggr Bond <br />Underwriter's Counsel Fees <br />Underwriter's Counsel Expenses <br />Federal Funds <br />Day Loan <br />DALCOMp, DALNET <br />PSA, MSRB <br />clearance <br />Travel & Miscellaneous <br />CUS2P <br />TOTAL <br />$25,260.00 <br />$.50 <br />4,500.00 <br />.09 <br />5,557.20 <br />.11 <br />505.20 <br />.01 <br />3,031.20 <br />.06 <br />3,031.20 <br />.06 <br />12,630.00 <br />.25 <br />11,527.45 <br />.23 <br />$67,062.65 $1.33 <br />2. Set forth below are the names, addresses and estimated <br />amounts of compensation of all "finders" as defined in Section <br />218.386, Florida Statutes: <br />NONE <br />3. The amount of the underwriting spread expected to be <br />realized by the Underwriter is $445,586.40 ($8.82 per Bond) which <br />includes the following: <br />Management Fee $ 50,520.00 $1.00 <br />Average Takedown 328,013.75 6.49 <br />Expenses 67,052.65 1.33 <br />4. The management fee to be charged by the Underwriter is <br />$50,320.00 ($1.00 per Bond). <br />5. Set forth below are all other fees, bonuses and other <br />compensation estimated to be paid by the Underwriter on behalf of <br />the County from Bond proceeds in connection with the Bond issue to <br />all persons not regularly employed or retained by them. <br />-C-1- <br />
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