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Installment Financing Contract), Series 2008 (the "2008 Certificates"), the proceeds of which <br />will be used to advance the moneys to the County under the Contract; <br />(4) a Preliminary Official Statement to be dated on or about January 8, 2008 (the <br />"Preliminary Official Statement") which, as supplemented with certain pricing and other <br />permitted omitted information, is to be the Official Statement to be dated on or about January 24, <br />2008 (the "Official Statement"), pursuant to which the 2008 Certificates are to be offered and <br />sold to the public; and <br />(5) a Contract of Purchase, including the exhibits attached thereto, to be dated on or <br />about January 24, 2008 (the "Purchase Contract") between the Corporation and UBS Securities <br />LLC, on its own behalf and as representative of the other underwriters (if any) named therein <br />(collectively, the "Underwriters"), pursuant to which the Underwriters agree to purchase the <br />2008 Certificates for sale to the public; <br />WHEREAS, the obligations of the County to make Installment Payments and other <br />payments pursuant to the Contract shall constitute limited obligations of the County payable <br />solely from currently budgeted appropriations of the County and shall not constitute a pledge of <br />the faith and credit of the County within the meaning of any constitutional debt limitation; <br />WHEREAS, no deficiency judgment may be rendered against the County in any action <br />for breach of a contractual obligation under the Contract, and the taxing power of the County is <br />not and may not be pledged in any way directly or indirectly or contingently to secure any <br />moneys due under the Contract; and <br />WHEREAS, the Board of Commissioners desires to approve the Financing Documents <br />and to authorize other actions in connection therewith; <br />~' • 5.. <br />3 <br />