Laserfiche WebLink
Indian River County, Florida <br />Notes To Financial Statements <br />Year Ended September 30, 2020 <br />NOTE 10 - LONG-TERM LIABILITIES - Continued <br />B. Primary Government - Continued <br />Spring Training Facility Revenue Bonds - Continued <br />Bonds Issued - At September 30, 2020, Spring Training Facility Revenue Bonds consisted of <br />the following: <br />Description <br />Spring Training Facility Revenue <br />Bonds, Series 2001 <br />Interest <br />Rates and <br />Date <br />3.30%-5.25% <br />4/1 and 10/1 <br />Maturity Issue <br />Outstanding at <br />September 30, <br />2020 <br />2031 $ 16,810,000 $ 3,865,000 <br />Remaining Mandatory Redemption - The Series 2001 Term Bonds are subject to mandatory <br />redemption prior to maturity, by lot, at par plus accrued interest, according to the <br />following schedule: <br />Term Bonds due April 1, 2021 <br />Date <br />Principal Amount <br />April 1, 2021 $ <br />Term Bonds due April 1, 2027 <br />Date <br />April 1, 2022 <br />April 1, 2023 <br />April 1, 2024 <br />April 1, 2025 <br />April 1, 2026 <br />April 1, 2027 <br />Term Bonds due April 1, 2031 <br />Date <br />April 1, 2028 <br />April 1, 2029 <br />April 1, 2030 <br />April 1, 2031 <br />79 <br />305,000 <br />Principal Amount <br />$ <br />305,000 <br />320,000 <br />340,000 <br />355,000 <br />375,000 <br />390,000 <br />Principal Amount <br />$ <br />410,000 <br />430,000 <br />455,000 <br />180,000 <br />