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• <br />,.� 40 <br />08/31/2000 08:56 561--979-1822 IRC ADMIN PAGE 02 <br />uv a ergine. 117.51113 IB3F3H� PACE 2/2 <br />FLOW <br />IM F1 <br />Cio Bowiv�ard <br />964 6N -NW <br />f' <br />r3dwin K Fry, Ir. <br />Tines iiuwwr <br />Indian River County <br />1840 25" St. <br />VW, , l'I.3290 <br />Ra: C" R&=Vo Accatsxrt <br />Dear mi. Fry: <br />I'k" Utuaxa is plaascstl tv AMMI to the County's Mgr for quots2iow to eat as a Capital <br />levo Aovouni Agmt.. Wo PmlOM tdili U the First Urticat C`oritia Trtast <br />ttmr.nt't dmdad Emow ASt"-cat ss a baste An providing the milked tlsird <br />191,11 dim• pa�dcd &M = g't °te agmemcat, is used, no kgw fey wM bD <br />Bed fb documantntioiL A fiat mite of S I,Dw.00 p,�,, year is Proms to act U agaxlt <br />and afdmiAner draws &VbM the m4~rowed fu ft. <br />These costs will easily baa offset by tht iakterest emings on the aoco= We propose <br />Jho tht monies in our Evergreen Select US Treasury Morrzy Mmkot acommt. <br />Itecesstly, this &mount has been tatxairsg About 6.4%. It is NOT un FDIC izss<metl bmk <br />derma btu, rather u money L=ket mutual fund which invests only in IS (lov+emta t <br />and Agamoy obligations, as permitted in your 6WM investment poijoy. no rtsquhed <br />grospmtus on this product is enclosed along with our gent escrow a ¢r o p. <br />Please let MO kMw what flJrthca information would bo helpful. WO look fonvard z <br />mcetia:>$ osis need for Indian River Contnty. <br />5irac�escly,// <br />Pau[ F, Vinoent <br />Vice Pmsidaat <br />