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<br />PROPOSAL FOR
<br />$5,000,000
<br />INDIAN RIVER COUNTY, FLORIDA
<br />GENERAL OBLIGATION BONDS
<br />Dated April 1, 1983
<br />Board of County Commissioners April 20, 1983
<br />Indian River County, Florida
<br />County Administration Building
<br />Vero Beach, Florida
<br />Commissioners:
<br />For Five Million Dollars ($5,000,000) par value, Indian River County, Florida, General Obligation
<br />Bonds, as more particularly described in the annexed Notice of Sale, which by reference is made a part
<br />of this Proposal, and for all but not less than all of said Bonds bearing interest as follows:
<br />Due Principal Interest
<br />April 1 Amount Rate
<br />1984 $ 890,000 `S t%D %
<br />1985 940,000 5. ?6'-
<br />1986 990,000 . z S
<br />1987 1,055,000 16.770
<br />1988 1,125,000 CIO
<br />Weoff r o pay the sum of r�O lf/„A/e /-vN —41 4 Six Jr "uS.4iv� dollars
<br />($ 1 60 DOD. OD ►, together with accrued interest from April 1, f983, to date of delivery.
<br />We will accept delivery of said Bonds in the City of Jacksonville, Florida, on May 10, 1983, unless
<br />another date or place shall be mutually agreed upon, it being understood that the County shall furnish
<br />to us, free of charge, at the time of delivery of said Bonds, the opinion of Freeman, Richardson,
<br />Watson & Kelly, P.A., Jacksonville, Florida, Bond Counsel, approving the validity thereof.
<br />In accordance with said Notice of Sale, we enclose herewith a certified or bank cashier's check for
<br />One Hundred Thousand Dollars ($100,000) payable to the order of Indian River County, Florida, to be
<br />returned to the undersigned upon the award of said bonds provided this Proposal is not accepted; or,
<br />the amount thereof to be retained by the County until the delivery of said Bonds and payment
<br />therefor, and to be retained as and for full liquidated damages in case of the failure of the undersigned
<br />to make payment as agreed.
<br />FORM OF ELECTION FOR INSURANCE
<br />(Please check appropriate box)
<br />❑ This bid is for Bonds carrying Bond Insurance. with the premium to be paid by the County.
<br />,This bid is for Bonds NOT carrying Bond Insurance.
<br />This Proposal is not subject to any conditions not expressly stated herein or in the annexed Notice
<br />of Sale. Receipt of the Preliminary Official Statement relating to these Bonds is hereby acknowledged.
<br />The names of the underwriters or members of the cou t who are associated for the purpose of this
<br />Proposal are listed on a separate sheet attached heR to. 1
<br />B _Joh P. Adams Jr. First w Trust Company
<br />The true interest cost rate of these Bonds (taking Intoae unt the Hank of At. arta
<br />municipal bond insurance premium, if insurance is elected) is ................... b'��c/ lJi
<br />The above computation is submitted for purposes of information only and is not a part of this
<br />Proposal.
<br />(No addition or alteration is to be made to this Proposal, and it must not be detached from the
<br />annexed Notice of Sale. If space for inserting names of joint bidders is insufficient, attach a
<br />supplementary sheet.)
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