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NOTICE OF REDEMPTION <br />Indian River County, Florida <br />Limited General Obligation Refunding Note, Series 2015 <br />NOTICE IS HEREBY GIVEN on behalf of Indian River County, Florida (the "County") <br />pursuant to that certain Resolution No. 2015-047, adopted April 7, 2015, (the "Resolution"), that <br />the County's outstanding Limited General Obligation Refunding Note, Series 2015, identified <br />below (the "Refunded Note"), which was originally issued on April 9, 2015, shall be redeemed, <br />prior to its final maturity, on July 1, 2020 (the "Redemption Date"), at a redemption price equal to <br />$2,970,000, which is 100% of the remaining principal amount thereof after the payments due on <br />such date. <br />Payment of the Redemption Price of such Refunded Note shall be paid by wire transfer on <br />the Redemption Date sent by the office of Clerk of the Circuit Court, ex officio Clerk of the Board <br />of County Commissioner of the County, as paying agent (the "Paying Agent"). Interest on and <br />principal of such Refunded Note otherwise due on the Redemption Date will be paid in the usual <br />manner. Interest on such Refunded Note will cease to accrue from and after the Redemption Date. <br />Per the terms of the Refunded Note, the Noteholder is required to return the Note to the Paying <br />Agent after the redemption for cancellation. <br />All questions should be directed to the Paying Agent, per the contact information provided <br />below. <br />Elissa Nagy <br />Finance Director <br />772-226-1570 <br />enagy@clerk.indian-river.org <br />INDIAN RIVER COUNTY, FLORIDA <br />am <br />Dated: May , 2020 <br />Jason Brown, County Administrator <br />119 <br />