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EXHIBIT A <br />FORM OF SERIES 2015 NOTE <br />No. R-1 $7,171,000 <br />UNITED STATES OF AMERICA <br />STATE OF FLORIDA <br />INDIAN RIVER COUNTY, FLORIDA <br />WATER AND SEWER REVENUE REFUNDING NOTE, <br />SERIES 2015 <br />Interest Rate Maturitv Date Date of Original Issue <br />1.65%* September 1, 2022 August 27, 2015 <br />Registered Holder: Whitney Bank d/b/a Hancock Bank <br />Principal Amount: SEVEN MILLION ONE HUNDRED SEVENTY-ONE THOUSAND <br />DOLLARS <br />KNOW ALL MEN BY THESE PRESENTS, that Indian River County, a political <br />subdivision of the State of Florida (the "Issuer"), for value received, hereby promises to pay, solely <br />from the Pledged Funds hereinafter described, to the Registered Holder identified above, or <br />registered assigns as hereinafter provided, on the Maturity Date identified above, the Principal <br />Amount identified above and to pay interest on such Principal Amount from the Date of Original <br />Issue identified above or from the most recent interest payment date to which interest has been paid <br />at the Interest Rate per annum identified above on March 1 and September 1 of each year, <br />commencing March 1, 2016, until such Principal Amount shall have been paid, except as the <br />provisions hereinafter set forth with respect to redemption prior to maturity may be or become <br />applicable hereto. <br />Payment of the Principal Amount of this Note shall be due as follows: <br />Year <br />Principal <br />(Settember 11 <br />Amount <br />2016 <br />$973,000 <br />2017 <br />992,000 <br />2018 <br />1,007,000 <br />2019 <br />1.025,000 <br />2020 <br />1,042,000 <br />2021 <br />1,058,000 <br />2022 <br />1,074,000 <br />*Subject to adjustment as set forth in the Resolution. <br />A-1 <br />