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2024-023
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Last modified
6/7/2024 12:34:02 PM
Creation date
6/7/2024 12:29:12 PM
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Resolutions
Resolution Number
2024-023
Approved Date
06/04/2024
Agenda Item Number
8.K.
Resolution Type
Supplementing Resolution 2023-004
General Obligaton Bond
Entity Name
Indian River County
Subject
General Obligations Bond Preserving Environmentally Sensitive Lands
Authorizing the issuance of not exceeding $25,000,000 in aggregate principal
amount of Indian River County, Florida
Document Relationships
2023-004
(Agenda)
Path:
\Resolutions\2020's\2023
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NGN DRAFT NoA: 5/21/24 <br />262.14 <br />SUMMARY NOTICE OF SALE <br />$25,000,000* <br />Indian River County, Florida <br />General Obligation Bonds, Series 2024 <br />i <br />Bids for the above captioned bonds will be received by Indian River County, Florida (the <br />"County") via Parity until 11:00 A.M. (the "Submittal Deadline"), Eastern time, June 20, 2024 or ? <br />such other date as maybe established by the County Administrator or Chief Deputy Comptroller ' <br />of the County or their respective designee no less than ten (10) days after the date of.publication <br />of this notice and communicated by Thomson Municipal Market Monitor. not less than twenty (20) <br />hours prior to the time bids are received (die "Bid Date"). <br />Such bids are to be opened in public as soon as practical after the Submittal Deadline on <br />said day for the purchase of the Indian River County;. Florida General Obligation Bonds, Series <br />2024 (the "2024 Bonds"). The 2024 Bonds will mature as specified in the Official Notice of Sale. <br />Proceeds of the 2024 Bonds shall be used for the purpose of (i) financing the acquisition and <br />preservation of environmentally sensitive lands and the construction ` of public access <br />improvements with respect thereto within the County and (ii) paying the costs of issuing the 2024 i <br />Bonds. <br />The approving opinion of .Nabors, Giblin .& Nickerson, P.A., Tampa,. Florida, Bond . i <br />Counsel, will be furnished to the successful bidder at the expense of the County. <br />Electronic copies of the Preliminary Official Statement .and the Official Notice of Sale <br />relating to the 2024 Bonds may be obtained at the website address [www.munos.com]. Printed, <br />bound copies of the Preliminary Official. Statement will be; available on.a limited basis from the <br />County's Financial Advisor, Joel Tindal, Hilltop Securities, Inc., 450 South Orange Avenue, Suite <br />225, Orlando, Florida 32801, telephone 407/426-9611, email Joel.tind11@,hilltonsecurities.com. <br />For more information about the Parity electronic platform, potential bidders may call Parity at <br />212/849-5021, <br />Indian River County, Florida <br />John A. Titkanich, Jr. . <br />County Administrator <br />1. <br />Dated: June 7, 2024 <br />i <br />j <br />1 <br />i <br />*Preliminary, subject to change. <br />3 <br />
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