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PRELIMINARY OFFICIAL STATEMENT DATED JUNE , 2024 <br />NEW ISSUE - BOOK -ENTRY ONLY <br />See "RATING" herein <br />In the opinion of Nabors, Giblin & Nickerson, P.A., Tampa, Florida ("Bond <br />Counsel'), under existing statutes, regulations, rulings and court decisions and subject to <br />the conditions described herein under "TAXMATTERS, " interest on the Series 2024 Bonds <br />is (a) excludable from gross income of the owners thereof for federal income tax purposes <br />except as otherwise described herein under the caption "TAX MATTERS, " and (b) not an <br />item of tax preference for purposes of the federal alternative minimum tax; provided, <br />however, with respect to certain corporations, interest on the Series 2024 Bonds is taken <br />into account in determining the annual adjusted financial statement income for the purpose <br />of computing the alternative minimum tax imposed on such corporations. Such interest, <br />however, may be subject to other federal income tax consequences referred to herein under <br />"TAX MATTERS. " See "TAX MATTERS" herein for a general discussion of Bond <br />Counsel's opinion and other tax considerations. <br />Logo <br />$( 1* <br />INDIAN RIVER COUNTY, FLORIDA <br />GENERAL OBLIGATION BONDS, <br />SERIES 2024 <br />Dated: Date of Delivery Due: July 1, as shown on inside cover <br />The Indian River County, Florida General Obligation Bonds, Series 2024 (the <br />"Series 2024 Bonds") will be issued by Indian River County, Florida (the "County") as <br />fully registered bonds in denominations of $5,000 and integral multiples thereof. Interest <br />on the Series 2024 Bonds will be payable semiannually on each January 1 and July 1, <br />commencing on January 1, 2025, by check or draft U.S. Bank Trust Company, National <br />Association, as Paying Agent, to the registered owner thereof or by electronic means. <br />Principal of and redemption premium, if any, on the Series 2024 Bonds is payable upon <br />presentation and surrender at the principal corporate trust office of the Paying Agent. <br />The Series 2024 Bonds initially will be registered in the name of Cede & Co., as <br />registered owner and nominee for The Depository Trust Company, New York, New York <br />("DTC"), which will act as securities depository for the Series 2024 Bonds. Series 2024 <br />Bonds will be available to purchasers under the book -entry system maintained by DTC <br />through brokers and dealers who are, or act through, Direct Participants (as defined herein). <br />Purchasers of the Series 2024 Bonds (the 'Beneficial Owners") will not receive physical <br />delivery of bond certificates. Ownership by the Beneficial Owners of the Series 2024 <br />99 <br />