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<br />CHIEF ELECTED EXECUTIVE OFFICER'S APPROVAL <br /> <br />Pursuant to Section 147(f) of the <br />Internal Revenue Code of 1986, As Amended <br /> <br />Chief Elected Executive Officer's Name:Y <br /> <br />Chief Elected Executive Officer's Title: Y <br /> <br />Political Subdivision: X <br /> <br />Volunteer Fire Department: <br /> <br />Cold Water Volunteer Fire Department. Inc. <br /> <br />Under Section 147(f) of the Internal Revenue Code of 1986, as amended (the "Code"), the <br />undersigned hereby certifies that: <br /> <br />1. I am the Chief Elected Executive Officer, as such term is used in section 147(f) of the Code of the <br />above Political Subdivision. <br /> <br />2. The Volunteer Fire Department is required by a written agreement with the Political Subdivision or by <br />an ordinance, resolution or other law adopted by the Political Subdivision (the "Service Agreement") <br />to furnish firefighting services in an area which is within the jurisdiction of the Political Subdivision and <br />which is not provided with any other firefighting services and the Service Agreement is, and is <br />expected to remain, in full force and effect. <br /> <br />3. I hereby approve the Volunteer Fire Department entering into a lease-purchase agreement ("Lease- <br />Purchase") for the principal amount stated below to finance the equipment described below. <br /> <br />Amount To Be Financed: <br /> <br />$ 100.000.00 <br /> <br />Equipment: <br /> <br />2005 Pierce Contender DX Tanker <br /> <br />Location: <br /> <br />1830 Gold Hill Road <br />Concord. NC 28025 <br /> <br />This approval is given following a public hearing held at the time, date and place stated on the <br />attached copy of a Notice of Public Hearing and is solely for the purposes of satisfying the requirements <br />of Section 147(f) of the Code. I hereby inform all recipients of this Approval that the Political Subdivision <br />has no obligation (as lessee or otherwise) to pay any rent or to observe any agreement under the Lease- <br />Purchase. <br /> <br />IN WITNESS WHEREOF, I have duly executed and delivered this instrument as of the date set <br />forth below my signature. <br /> <br />';< <br />(Signature of Chief Elected Executive Officer) <br /> <br />Dated: f, <br /> <br />G-I~ <br />