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Indian River County, Florida
<br /> Notes To Financial Statements
<br /> Year Ended September 30, 2003
<br /> NOTE 12 - LONG-TERM LIABILITIES - Continued
<br /> A. Primary Government - Continued
<br /> Bonds Issued - At September 30, 2003 , the revenue bonds consisted of the following :
<br /> Interest Outstanding at
<br /> Rates and Original September 30 ,
<br /> Description Date Maturity Issue 2003
<br /> Water and Sewer 3 . 80- 5 . 45 %
<br /> Revenue Bonds , 3/ 1 and 9/ 1 2026 $ 38 , 9003000 $ 34, 190 , 000
<br /> Series 1996
<br /> Less : Current portion 8005000
<br /> Unamortized bond
<br /> discount 9033039
<br /> Long-Term Portion $ 32 ,486, 961
<br /> Mandatory Redemption - The Series 1996 term bonds are subject to mandatory redemption prior to maturity, in part
<br /> (including portions of Bonds) at par plus accrued interest, according to the following schedule :
<br /> Term Bonds due September 1 , 2016
<br /> Date Principal Amount
<br /> September 1 , 2011 $ 1 , 1255000
<br /> September 1 , 2012 1 , 185 , 000
<br /> September 1 , 2013 1 , 255 , 000
<br /> September 1 , 2014 1 , 320 , 000
<br /> September 1 , 2015 1 , 395 ,000
<br /> September 1 , 2016 154703000
<br /> Term Bonds due September 1 , 2019
<br /> Date Principal Amount
<br /> September 1 , 2017 $ 1 , 550, 000
<br /> September 1 , 2018 15635 , 000
<br /> September 1 , 2019 13725 , 000
<br /> Term Bonds due September 1 , 2026
<br /> Date Principal Amount
<br /> September 1 , 2020 $ 1 , 820, 000
<br /> September 1 , 2021 1 , 920 , 000
<br /> September 1 , 2022 2 ,0253000
<br /> September 1 , 2023 23140 , 000
<br /> September 1 , 2024 23255 , 000
<br /> September 1 , 2025 25380 ,000
<br /> September 1 , 2026 295109000
<br /> 68
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