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addition, the polity provides a set of procedures and guidelines for investment selection, monitoring of invested funds, prudence amd ethical standards, maturity and liquidity requirements, portfolio composition, risk and diversification, bid requirements, and internal controls. The investment policy limits the securities eligible for inclusion in the County's portfolio. Derivatives, reverse repurchase agreements, and similar forms of leverage are prohibited. To maintain liquidity, investments are matched with projected cash flow needs. No more than 25% of the portfolio may be invested in instruments with stated maturities greater than 5 years but less than 15 years. ADVISORS AND CONSULTANTS The County has retained certain advisors and consultants in connection with the issuance of the Series 1996 Bonds. Thele; advisors and consultants are compensated from a portion of the proceeds of the Bonds. identified as "Costs of Issuance" wider the heading 'SOURCES AND USES OF FUNDS" herein; and other compensation, is, in some instances, contingent upon the issuance of the Bonds and the receipt of the proceeds thereof. FlnsneWAAuirar. The County has retained Fishkind & Associates, Inc., Orlando, Florida, as financial advisor (the "Financial Advisor') in connection with the preparation of the County's plan of financing and with respect to the authorization and issuance of the Series 1996 Bonds. The fees of the Financial Advisor will be paid from proceeds of the Series 1996 Bonds and such payment is contingent upon the issuance of the Series 1996 Bonds. Band CawJd arid Ddnc o=m Carumd Bryant, Miller and Olive, PA., Tallahassee, Florida represents the County is Bond Counsel, and, with respect to the issuance of the Series 1996 Bonds, as Disclosure Counsel. The fees of Bond Counsel and Disclosure Counsel will be paid from proceeds of the Bonds, and such payment is contingent upon the issuance of the Bonds. ACCURACY AND COMPLETENESS OF THE OFFICIAL STATEMENT The references to, and excerpts of, all documents referred to herein do not purport to be complete statements of the provisions of such documents and reference is directed to all such documents for full and complete statements of all matters of fact relating to the Series 1996 Bonds, the security for the payment of the Series 1996 Bonds, and the rights and obligations of Registered Owners thereof. The information contained in this Official Statement has been compiled from official and other sources deemed to be reliable and, while not guaranteed as to completeness or accuracy, is believed to be correct as of this date. Any statements made in this Official Statement involving matters of opinion or estimates, whether or not so expressly stated, are set forth as such and not as representation of fact, and no representation is made that any such estimates will be realized. Neither this Official Statement nor any statement which may have been made verbally or is writing is to be construed as a contract with the holders of the Series 1996 Bonds. ADDITIONAL INFORMATION The brief descriptions of the Master Bond Resolution, the 1996 Resolution, the Series 1996 Bonds, and other documents pertaining to the Series 19% Bonds contained in this Official Statement are qualified in their entirety by reference: to the originals of such documents, copies of which are available from Indian River County, Florida, 1840 25th Street, Vero Beach, Florida 32960, Attention: Joseph A. Baird, during the period of the initial offering of the Series 1996 Bonds. 29