Laserfiche WebLink
FlrstSouthwest <br />450 South Orange Avenue <br />Suite 460 <br />Orlando, Florida 32801 <br />407.426.9611 Direct <br />407.426.7835 Fax <br />Date: April 1, 2015 <br />(Closing Date: April 9, 2015) <br />To: Distribution List <br />Memorandum <br />Edward D. Stull, Jr. <br />Managing Director <br />ed.stull@firstsw.com <br />Subject: Indian River County, Florida <br />$20,369,000 Limited General Obligation Refunding Note, Series 2015 <br />This memorandum will outline information for the closing of the $20,369,000 Indian River County, <br />Florida Limited General Obligation Refunding Note, Series 2015 (the "Series 2015 Note") and <br />summarizes the money and document transfers necessary for closing. Unless otherwise noted, all funds <br />will be delivered in Federal Funds. <br />I. SCHEDULE <br />Pre -Closing <br />Date: Tuesday, April 7, 2015 <br />Time: Immediately following the Commission Meeting <br />Place: Indian River <br />1801 27th Street <br />Vero Beach, FL 32960 <br />Contact: Jason Brown, Director OMB <br />(772) 226-1214 <br />CLOSING <br />Date: Thursday, April 9, 2015 <br />II. DELIVERY AND AUTHENTICATION OF SERIES 2015 NOTE <br />Nabors, Giblin, & Nickerson, P.A. ("Bond Counsel") will prepare one Series 2015 Note in the <br />aggregate principal amount of $20,369,000 which will mature on July 1, 2021 and will be registered <br />in the name of Regions Capital Advantage, Inc. (the "Purchaser"). The Series 2015 Note shall bear <br />interest at a fixed rate of 1.66% per annum, subject to adjustment as provided therein. <br />