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INDIAN RIVER COUNTY, FLORIDA
<br />NOTES TO FINANCIAL STATEMENTS - CONTINUED
<br />Year Ended September 30, 1991
<br />S. Long -Term Debt - Continued:
<br />Housing Authority 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 />Annual Debt Service Payments - Enterprise Fund Bonds Payable - The annual debt
<br />service payments to amortize the bonds payable outstanding at September 30, 1991
<br />are as follows:
<br />Ft scsl Year
<br />Ending
<br />S6otember 301
<br />1991
<br />1993
<br />1991
<br />1995
<br />1996
<br />1997-2001
<br />2002-2006
<br />2007-1011
<br />2012-1016
<br />2017-2021
<br />2022-2026
<br />2027-2071
<br />Total•
<br />Less: Amounts representing
<br />interest
<br />To[al Bonds Peyeble
<br />Ls as: Current portion
<br />Unamorti red bond
<br />discount
<br />Recrestlonel
<br />(Colt Course)
<br />Revenue Housing
<br />Bonds Authority Total
<br />S 673,979 5 16),561 S 2,896,9)]
<br />617,919 219,181 7,920,111
<br />761,519 119,811 3,011,759
<br />761,381 110,161 3,019,157
<br />761,116 119.171 ),019,206
<br />3,818,117 1,097,530 15,229,511
<br />3,:11,516 1,097,830 11,178,051
<br />3,815,782 1,095,880 10,532,695
<br />3,577,111 1,095,620 10,792,101
<br />880,510 5,120,761
<br />150,618 ),01:,915
<br />1,739,353
<br />18,637,953 6,160,518 72,691,585
<br />9,962,957 906,118 35,107,185
<br />8,695x000 5,55100 37,286,100
<br />15,000 16,
<br />0:,000 770,600
<br />196,385 225.987
<br />153.619 55.118.600 576.289.817
<br />B. Enterprise Fund Bond Anticipation Notes - On November 29, 1988, the County
<br />issued 6 7/88 Water Revenue Bonds, Series 1988, Anticipation Notes in the
<br />principal amount of $3,900,000. These notes were issued in anticipation of
<br />their receipt by the County of the proceeds from the sale of Water Revenue
<br />Bonds. From the proceeds of the Bond Anticipation Notes, the County deposited
<br />$707,717 into the Notes Payment Account within the Sinking Fund for interest
<br />payments to be made to maturity. The Water and Sewer Revenue Bonds, Series
<br />1991, issued October 11, 1991 will be used to retire these Bond Anticipation
<br />Notes as dicussed at Note 17.
<br />B-36
<br />Neter end
<br />Solid Waste
<br />Water and
<br />Serer
<br />Disposal
<br />Serer
<br />Revenue
<br />System
<br />Revenue
<br />Refunding
<br />Revenue
<br />Bonds
<br />Bonds
<br />Bonds
<br />5 579,100
<br />S 513,995
<br />S 9)5,895
<br />579,866
<br />51,8230
<br />931,050
<br />579,372
<br />513,160
<br />971,770
<br />579,662
<br />517,310
<br />977,610
<br />579,688
<br />515,:53
<br />937,715
<br />7,896,392
<br />2,725,650
<br />1,691,515
<br />2,897,215
<br />1,710,710
<br />939,750
<br />1,898,793
<br />1,721,010
<br />-
<br />3,B97,617
<br />7,727,070
<br />-
<br />2,898,771
<br />1,611,080
<br />-
<br />2,897,907
<br />-
<br />-
<br />1,779,353
<br />22,023,721
<br />15,260,528
<br />10,310,635
<br />12,373,721
<br />81885,528
<br />3,300,835
<br />9,650,000
<br />6,375,000
<br />7,010,000
<br />87,600
<br />75,000
<br />155,000
<br />29.598
<br />S 6,555,000
<br />S 9,562,100
<br />5 6,270,102
<br />Recrestlonel
<br />(Colt Course)
<br />Revenue Housing
<br />Bonds Authority Total
<br />S 673,979 5 16),561 S 2,896,9)]
<br />617,919 219,181 7,920,111
<br />761,519 119,811 3,011,759
<br />761,381 110,161 3,019,157
<br />761,116 119.171 ),019,206
<br />3,818,117 1,097,530 15,229,511
<br />3,:11,516 1,097,830 11,178,051
<br />3,815,782 1,095,880 10,532,695
<br />3,577,111 1,095,620 10,792,101
<br />880,510 5,120,761
<br />150,618 ),01:,915
<br />1,739,353
<br />18,637,953 6,160,518 72,691,585
<br />9,962,957 906,118 35,107,185
<br />8,695x000 5,55100 37,286,100
<br />15,000 16,
<br />0:,000 770,600
<br />196,385 225.987
<br />153.619 55.118.600 576.289.817
<br />B. Enterprise Fund Bond Anticipation Notes - On November 29, 1988, the County
<br />issued 6 7/88 Water Revenue Bonds, Series 1988, Anticipation Notes in the
<br />principal amount of $3,900,000. These notes were issued in anticipation of
<br />their receipt by the County of the proceeds from the sale of Water Revenue
<br />Bonds. From the proceeds of the Bond Anticipation Notes, the County deposited
<br />$707,717 into the Notes Payment Account within the Sinking Fund for interest
<br />payments to be made to maturity. The Water and Sewer Revenue Bonds, Series
<br />1991, issued October 11, 1991 will be used to retire these Bond Anticipation
<br />Notes as dicussed at Note 17.
<br />B-36
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