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fee ell re _171e% 11 el <br /> ZONE SSA <br /> Financial Security Assurance Inc. <br /> October 29 , 20 ^ ;, � � <br /> CCr 2001 s <br /> VIA FEDERAL EXPRESS f Q4T <br /> Mr. Joseph A. J . Baird <br /> Indian River County <br /> 1840 25th Street <br /> Vero Beach , Florida 32960 <br /> Re : $ 11 , 000 , 000 in aggregate principal amount of Indian River County , Florida <br /> General Obligation Bonds , Series 2001 <br /> Dear Mr. Baird : <br /> Enclosed please find two signed originals of our commitment letter in respect of the above- referenced <br /> issue . Please have both documents signed , keep one original for your records , and return the other <br /> original to me at the address indicated below. The signed original , executed by an appropriate officer, <br /> must be returned to me prior to any reference to Financial Security Assurance Inc . (" Financial Security") <br /> as insurer of the issue being made in marketing efforts in respect of the issue . <br /> The bond proof and official statement drafts should be delivered to me with reasonable opportunity to <br /> submit any comments prior to final printing of these items . I would also appreciate being notified of a <br /> confirmed closing date as soon as it becomes available. Please note my phone number, fax numbers and e- <br /> mail address are as follows : (212) 339-35371 (212) 339-0872 or (212 ) 339-3588 and LSantana@FSA.com . <br /> For your information , Financial Security's logo sheet , statement of insurance , disclosure language and <br /> specimen policy , premium payment, form of opinion of counsel and form of disclosure , no default and tax <br /> certificate is available on our website and may be accessed by working group members on the Legal <br /> Page of Financial Security's website : www . FSA .com/munidocs . <br /> Also , for your information , we will deliver to Bond Counsel , at the preliminary closing the executed policy , <br /> an opinion of counsel as to the enforceability of the policy , a disclosure , no default and tax certificate of <br /> Financial Security and other certificates needed in the transaction . Any inquiries regarding rating agency <br /> fees should be directed to the respective rating agencies . <br /> I look forward to working with you . <br /> P <br /> ely yours , <br /> , 4, ezol� <br /> Lillie Santana <br /> Assistant Vice President <br /> Documentation and Closing Supervisor <br /> Enclosures <br /> cc : Robert C . Reid , Esquire ; Bryant , Miller and Olive , P . A. <br /> Mr. Art Diamond ; Fishkind & Associates , Inc . <br /> 350 Park Avenue • New York , New York 10022 • Tel: 212 .826 .0100 • Fax : 212 . 688 . 3101 <br /> New York - Dallas - San Francisco - London • Madrid Paris Singapore • Sydney <br /> NOVEMBER 6 , 2001 tJ F, n ##" y 3I �n <br /> NY <br /> - 66 - <br />