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Comprehensive Plan Capital Improvements Element <br /> Table 6.6 : Indian River County Existing Long Term Debt <br /> Amount Average <br /> Initial Remaining Interest Final Bond Rating <br /> Amount x09130104 Rate maturity Security Pledge <br /> Water & Sewer Revenue Bonds: <br /> 1993 A Series $47, 190,000 $37,515,000 5 .76% 2024 AAA/FDIC Water & Sewer <br /> (Insured) Revenues <br /> 1996 Series $38,900,000 $33,390,000 5.75% 2026 AAA/FDIC Water & Sewer <br /> (Insured) Revenues <br /> Recreation Revenue Bonds <br /> Golf Course Net <br /> 2003 Series Income, Race Track <br /> Refunding $6,455,000 $6,045,000 3 .65% 2016 AAA/AMAC Revenues and <br /> Recreational (Insured) Subordinate Lien on <br /> Revenue One Half Cent Sales <br /> Tax <br /> Spring Training State payments, <br /> Facility Revenue $ 16,810,000 $ 15,515,000 4.870% 2031 AAA/FGIC fourth cent tourist <br /> Bonds (Insured) development tax, and <br /> half-cent sales tax <br /> Voted G.O. Bonds <br /> Environmental <br /> Lands $7800.000 $6,765,000 2.050% 2010 AA` /Ab1AC General Obligation <br /> Acquisition 2003 (Insured) <br /> Series <br /> Environmental $ 11 ,000,000 $9,315,000 3 .890% 2016 AAA/FSA General Obligation <br /> Lands g <br /> Total Bonds <br /> Outstanding $ 108,545,000 <br /> Source: Indian River County Budget 2004/05 . <br /> Local Policies and Practices <br /> As part of the capital improvements planning process, it is important to do an inventory of current <br /> Indian River County policies and practices that guide the timing, location, expansion, or increase in <br /> capacity of capital facilities. These policies and practices relate to the county' s existing level-of- <br /> service standards, impact fee programs, the existing comprehensive plan, and enterprise fund <br /> accounts . <br /> Community Development Department Indian River County <br /> 23 <br />