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J TolephanT 1305) 567.ODOO BOARD OF COUNTY COMMISSIONERS 1890 25th Street, Vero Beach, Florida 329110 EXHIBIT A Suncom Telephone:(305)424-1012 September 7, 1983 Hutchinson Utilities, Inc. 2001 Ninth Avenue Suite 305 Vero Beach, Florida 32960 Re: Proposed Acquisition, Construction and Equipment of Sewage Treatment Plant Gentlemen: Based upon recent discussions with you, it is the under- standing of the Board of County Commissioners (the "Governing Body") and the officials and representatives of Indian River County, Florida (the "Issuer"), that you are currently considering the acquisition, construction and equipment of a sewage treatment plant within the territorial limits of the Issuer (the "Project"); that the coasts of the Project will not exceed $1,100,000; that the Project will provide employment in the area of the Issuer for approximately 7 people; and that the willingness of the Issuer to issue and sell its industrial development revenue bonds for the purpose of financing the acquisition, construction and equipment of the Project is an important fact under consideration by you in determining the extent of the development feasibility of the Project. The Governing Body has determined that -the issuance of industrial development revenue bonds by the Issuer to assist you by financing such Project in the area of the Issuer will result in an increase of employment in such area, and that the issuance of such bonds will serve a ,public purpose by advancing the economic prosperity and the general welfare of the State of Florida and its people. Accordingly, in order to induce you to incur expenses for the initiation of such Project and its financing, the Issuer hereby makes the following proposal: 1. The Issuer will issue its industrial development revenue bonds in an aggregate principal amount not to exceed $1,100,000 for the purpose of paying the cost of the acquisition, construction and equipment of the Project, pursuant to prelimi