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Indian River County, Florida <br />NOTES TO FINANCIAL STATEMENTS - Continued <br />Year Ended September 30,1995 <br />NOTE 18 - SUBSEQUENT EVENTS - Continued <br />C. Management is working on a bond issue to finance several water and sewer construction projects. <br />The approximate amount of this intended bond issue is $45 million. It is expected that this issue will <br />occur during the 1995-1996 fiscal year. <br />