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PRELIMINARY OFFICIAL STATEMENT DATED JUNE , 2024 NEW ISSUE - BOOK -ENTRY ONLY See "RATING" herein In the opinion of Nabors, Giblin & Nickerson, P.A., Tampa, Florida ("Bond Counsel'), under existing statutes, regulations, rulings and court decisions and subject to the conditions described herein under "TAXMATTERS, " interest on the Series 2024 Bonds is (a) excludable from gross income of the owners thereof for federal income tax purposes except as otherwise described herein under the caption "TAX MATTERS, " and (b) not an item of tax preference for purposes of the federal alternative minimum tax; provided, however, with respect to certain corporations, interest on the Series 2024 Bonds is taken into account in determining the annual adjusted financial statement income for the purpose of computing the alternative minimum tax imposed on such corporations. Such interest, however, may be subject to other federal income tax consequences referred to herein under "TAX MATTERS." See "TAX MATTERS" herein for a general discussion of Bond Counsel's opinion and other tax considerations. Logo $[ l INDIAN RIVER COUNTY, FLORIDA GENERAL OBLIGATION BONDS, SERIES 2024 Dated: Date of Delivery Due: July 1, as shown on inside cover The Indian River County, Florida General Obligation Bonds, Series 2024 (the "Series 2024 Bonds") will be issued by Indian River County, Florida (the "County") as fully registered bonds in denominations of $5,000 and integral multiples thereof. Interest on the Series 2024 Bonds will be payable semiannually on each January 1 and July 1, commencing on January 1, 2025, by check or draft U.S. Bank Trust Company, National Association, as Paying Agent, to the registered owner thereof or by electronic means. Principal of and redemption premium, if any, on the Series 2024 Bonds is payable upon presentation and surrender at the principal corporate trust office of the Paying Agent. The Series 2024 Bonds initially will be registered in the name of Cede & Co., as registered owner and nominee for The Depository Trust Company, New York, New York ("DTC"), which will act as securities depository for the Series 2024 Bonds. Series 2024 Bonds will be available to purchasers under the book -entry system maintained by DTC through brokers and dealers who are, or act through, Direct Participants (as defined herein). Purchasers of the Series 2024 Bonds (the 'Beneficial Owners") will not receive physical delivery of bond certificates. Ownership by the Beneficial Owners of the Series 2024