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6. The names and addresses of the Underwriter connected with the Bonds are set forth below: <br />William R. Hough do Co. <br />100 Second Avenue South <br />Suite S00 <br />St. Petersburg, Florida 33701 <br />Attention: Public Finance Department <br />7. Indian Riva County (the "County") is proposing to issue $9,875.000 of debt or obligation for <br />the purpose of retiring certain outstanding obligations of the County as described in the <br />Resolution. This debt or obligation is expected to be repaid over a period of 23 years. At a <br />forecasted average interest rate of 5.32%, total interest paid over the life of the debt obligation <br />will be $6,738,405.03. The source of repayment or security for this proposal is the net revenue <br />of die County's Recreational Facilities and a subordinate lien upon and pledge of the Half -Cent <br />Sales Tax. Authorizing this debt or obligation will result in not more than $768,813.75 of the <br />County's recreational facilities revenue moneys not being available to finance other services of <br />the County each year for thirty-two years. However, by completing this transaction, the County <br />will have reduced the total debt service to be paid from the net revenues of the County's <br />recreational facilities. Therefore, this financing will not result in additional moneys not being <br />available to finance other services of the County. <br />IN WITNESS WHEREOF, the undersigned has executed this Disclosure Statement on behalf of the <br />Underwriter this Lth day of AWasT , 1993. <br />WILLIAM R. HOUGH do CO. <br />Its: Edwin M. Bulleit <br />First Vice President <br />