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RESOLUTION NO. 95-75 <br />EXHIBIT C <br />FORM OF BID PROPOSAL <br />PROPOSAL FOR <br />$15,000,000+' INDIAN RIVER COUNTY, FLORIDA <br />GENERAL OBLIGATION BONDS, SERIES 1995 <br />Director of Management and Budget <br />1840 25th Street <br />Vero Beach, Florida 32960 <br />Ladies and Gentlemen: <br />For the Indian River County, Florida, General Obligation Bonds, Series 1995 (the "Series 1995 Bonds"), <br />dated July 1, 1995 and maturing on July 1, 1996 through July 1, 2010, in the principal amount of $15,000,000•, <br />described in the Official Notice of Bond Sale, which is hereby made a part of this Proposal, we will pay you in <br />immediately available federal reserve funds <br />Dollars (S ), plus accrued <br />interest to the date of delivery of the Series 1995 Bonds. This bid price may include an underwriter's discount <br />and an original issue discount, the total of which do not exceed [2%] of the principal amount of the Series 1995 <br />Bonds. <br />We do _ or do not wish to have the Series 1995 Bonds insured. We understand that the Series <br />1995 Bonds will be insured by if the election to purchase <br />insurance is made, and the bond insurance premium will be paid by the County. <br />Said Series 1995 Bonds shall bear interest at the rates and shall be reoffered at prices or yields specified <br />below. <br />Principal Interest Price Principal Interest Price ' <br />Maturity <br />Amount • Rate or Yeld Amount' Rate or Y 1 <br />1996 <br />7m1000 <br />2004 <br />1,015,000 <br />1997 <br />745,000 <br />2005 <br />1,070,000 <br />1998 <br />780,000 <br />2006 <br />1,1,000 <br />1999 <br />810,000 <br />2007 <br />1,180,006 <br />2000 <br />8451000 <br />2008 <br />1,245,000 <br />2001 <br />885,000 <br />2009 <br />1,310,000 <br />2002 <br />925,000 <br />_ 2010 <br />1,380,000 <br />2003 <br />970,000 <br />Term Beds Lbtlon. The interest rate or reoffering price or yield for any Term Bonds shall be <br />indicated in the table above only in the year of final maturity. The annual Principal Amounts so indicated shall <br />be applied for the mandatory retirement of one or more Term Bonds maturing in the years and amounts and <br />bearing interest as follows: <br />$ Term Bonds maturing on 1, at % per annum to yield % per annum. <br />$ Term Bonds maturing on 1, at % per annum to yield % per aurum. <br />[If additional space is needed to specify additional Term Bond maturities, please attach a separate sheet to this <br />proposal, setting forth such additional Term Bond maturities in the form set forth above.] <br />64 ` <br />June 20, 1995 <br />