Laserfiche WebLink
s EXHIBIT C <br />DISCLOSURE STATEMENT <br />Th's undersigned, as Underwriter, Propose to negotiate with Indian River County, Florida for the sale <br />Of $9,875,000 Principal amount of its Recreational Revenue Refunding Bonds, Series 1993 (the "Bonds"), to <br />be completed on this date. Prior to the award of the Bonds, the following information is hereby furnished to <br />the County: <br />1. Set forth is an itemized list of the nature and estimated amounts of expenses to be incurred by <br />the Underwriter in connection with the issuance of the Bonds: <br />Dollars per Bond <br />Underwriter's Counsel Fees $1.52 $15,000.00 <br />(Inclusive of expenses) <br />Federal Funds .11 1,086.25 <br />Day Loan .01 98.75 <br />DALCOMP, DALNET, PSA, MSRB, CUSIP .12 1,185.00 <br />Clearance .25 2,468.75 <br />Communications, etc. .21 2,083.75 <br />Travel do Miscellaneous M 3.456.25 <br />TOTAL $L2 $25.378.75 <br />2. Set forth below are the names, _ addresses and estimated amounts of compensation of all <br />"finders" as defined in Section 218.386, Florida Statutes: <br />NONE <br />3. The amount of the underwriting spread expected to be realized by the Underwriter is as <br />follows: <br />Per 1,000 <br />Dollars now <br />Management Fee $9,875.00 $1.00 <br />Average Takedown 51,843.75 5.25 <br />Expenses 25.378.75 2.57 <br />Total Underwriter Spread $87 5LU <br />4. The management fee to be charged by the Underwriter is $9,875 ($1.00 per $1,000/Bond). <br />S. Set forth below are all other fees, bonuses and other compensation estimated to be paid by the <br />Underwriter on behalf of the County from Bond proceeds in connection with the Bond issue <br />to all persons not regularly employed or retained by them. <br />Underwriter's counsel fee $ 15,000 (including expenses) <br />