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bond insurance with respect to all or a portion of the 2017 Limited Obligation Bonds; and the use <br /> thereof by the Underwriters and/or Placement Agents in connection with the public offering and <br /> sale or private placement of the 2017 Limited Obligation Bonds is hereby authorized. Each of the <br /> Chairman of the Board of Commissioners or the County Manager is hereby authorized to execute <br /> and deliver in the name and on behalf of the County the final Official Statement in substantially <br /> such form, with such changes, insertions and omissions, including but not limited to changes, <br /> insertions or omissions related to a private placement of all or a portion of the 2017 Limited <br /> Obligation Bonds, or related to obtaining a policy of municipal bond insurance with respect to all <br /> or a portion of the 2017 Limited Obligation Bonds, as the person executing the final Official <br /> Statement may approve, the execution and delivery of the final Official Statement to constitute <br /> conclusive evidence of such approval. <br /> Section 7. Each of the Chairman of the Board of Commissioners,the County Manager and <br /> the Director of Finance are authorized to approve all details of the financing of the Projects, <br /> including, without limitation, the amount advanced under the Contract(s) and the aggregate <br /> principal amount of any Certificates and/or Bonds (which shall not exceed $128,105,000), the <br /> maturities, the principal amounts and the interest amounts (if any) of the Installment Payments and <br /> any Certificates and/or Bonds, which interest amounts (calculated with respect to any Certificates <br /> and/or Bonds) shall not exceed 6.5%per annum on an effective interest cost basis, the prepayment <br /> terms and prices (which shall not exceed 103% of the principal amount being prepaid) and the <br /> Underwriters' discount (exclusive of any original issue discount) or Placement Agents' <br /> compensation (which shall not exceed 2.0% of the principal amount of any Certificates and/or <br /> Bonds). Execution of the Contract(s) by the Chairman of the Board of Commissioners or the <br /> County Manager shall conclusively evidence such approval of all such details of said financing. <br /> Section 8. The Chairman of the Board of Commissioners, the County Manager, the <br /> Director of Finance and the County Attorney are hereby authorized to take any and all such further <br /> action, including approval of modifications to the Financing Documents, and to execute and <br /> deliver for and on behalf of the County such other documents and certificates (including, without <br /> limitation, agreements with securities depositories, financing statements, one or more contracts of <br /> purchase or purchase agreements, one or more placement agreements, one or more private <br /> placement agreements or other offering documents or memoranda, tax certificates and agreements <br /> and other documents and agreements (including repurchase agreements)relating to the investment <br /> 5 <br /> G-4 Page 243 <br />