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February 16, 2015 (Regular Meeting) Page 2292 <br />Certificates, the 2015C Limited Obligation Refunding Bonds and /or <br />Certificates and /or the 2015D Limited Obligation Refunding Bonds and /or <br />Certificates, or related to obtaining a policy of municipal bond insurance <br />with respect to all or a portion of the 2015A Limited Obligation Refunding <br />Bonds and /or Certificates, with respect to all or a portion of the 2015B <br />Limited Obligation Refunding Bonds and /or Certificates, with respect to all <br />or a portion of the 2015C Limited Obligation Refunding Bonds and /or <br />Certificates or with respect to all or a portion of the 2015D Limited <br />Obligation Refunding Bonds and /or Certificates; and the use thereof by the <br />Underwriters and /or Placement Agents in connection with the public offering <br />and sale or private placement of the 2015A Limited Obligation Refunding Bonds <br />and /or Certificates, the 2015B Limited Obligation Refunding Bonds and /or <br />Certificates, the 2015C Limited Obligation Refunding Bonds and /or <br />Certificates or the 2015D Limited Obligation Refunding Bonds and /or <br />Certificates, or any combination thereof, is hereby authorized. Each of the <br />Chairman of the Board of Commissioners or the County Manager is hereby <br />authorized to execute and deliver in the name and on behalf of the County the <br />final Official Statement in substantially such form, with such changes, <br />insertions and omissions, including but not limited to changes, insertions or <br />omissions related to a private placement of all or a portion of the 2015A <br />Limited Obligation Refunding Bonds and /or Certificates, the 2015B Limited <br />Obligation Refunding Bonds and /or Certificates, the 2015C Limited Obligation <br />Refunding Bonds and /or Certificates or the 2015D Limited Obligation Refunding <br />Bonds and /or Certificates, or related to obtaining a policy of municipal bond <br />insurance with respect to all or a portion of the 2015A Limited Obligation <br />Refunding Bonds and /or Certificates, with respect to all or a portion of the <br />20153 Limited Obligation Refunding Bonds and /or Certificates, with respect to <br />all or a portion of the 2015C Limited Obligation Refunding Bonds and /or <br />Certificates or with respect to all or a portion of the 2015D Limited <br />Obligation Refunding Bonds and /or Certificates as the person executing the <br />final Official Statement may approve, the execution and delivery thereof to <br />constitute conclusive evidence of such approval. <br />Section 9. Each of the Chairman of the Board of Commissioners, the <br />County Manager and the Director of Finance are authorized to approve all <br />details of the refinancing of all or a portion of the Original 2007 Contract <br />and the related portion of the Refinanced Projects, including, without <br />limitation, the amount advanced under the 2007 First Contract Amendment and <br />the aggregate principal amount of the 2015A Limited Obligation Refunding <br />Bonds and /or Certificates (which, when combined with the aggregate principal <br />amount of the 2015B Limited Obligation Refunding Bonds and /or Certificates, <br />the 2015C Limited Obligation Refunding Bonds and /or Certificates and the <br />2015D Limited Obligation Refunding Bonds and /or Certificates, shall not <br />exceed $211,615,000), the maturities, the principal amounts and the interest <br />amounts of the 2007 Installment Payments and the 2015A Limited Obligation <br />Refunding Bonds and /or Certificates, which interest amounts (calculated with <br />respect to the 2015A Limited Obligation Refunding Bonds and /or Certificates) <br />shall not exceed 6.0% per annum on an effective interest cost basis, the <br />prepayment terms and prices (which shall not exceed 103% of the principal <br />amount being prepaid) and the Underwriters' discount (exclusive of any <br />original issue discount) or Placement Agents' compensation (which shall not <br />exceed 2.0% of the principal amount of the 2015A Limited Obligation Refunding <br />Bonds and /or Certificates). Execution of the 2007 First Contract Amendment <br />by the Chairman of the Board of Commissioners or the County Manager shall <br />conclusively evidence such approval of all such details of said refinancing. <br />Section 10. Each of the Chairman of the Board of Commissioners, the <br />County Manager and the Director of Finance are authorized to approve all <br />details of the refinancing of all or a portion of the Original 2008A Contract <br />and the related portion of the Refinanced Projects, including, without <br />limitation, the amount advanced under the 2008A First Contract Amendment and <br />the aggregate principal amount of the 2015B Limited Obligation Refunding <br />Bonds and /or Certificates (which, when combined with the aggregate principal <br />amount of the 2015A Limited Obligation Refunding Bonds and /or Certificates, <br />the 2015C Limited Obligation Refunding Bonds and /or Certificates and the <br />2015D Limited Obligation Refunding Bonds and /or Certificates, shall not <br />exceed $211,615,000), the maturities, the principal amounts and the interest <br />amounts of the 2008A Installment Payments and the 2015B Limited Obligation <br />Refunding Bonds and /or Certificates, which interest amounts (calculated with <br />respect to the 2015B Limited Obligation Refunding Bonds and /or Certificates) <br />shall not exceed 6.0% per annum on an effective interest cost basis, the <br />prepayment terms and prices (which shall not exceed 103% of the principal <br />amount being prepaid) and the Underwriters' discount (exclusive of any <br />original issue discount) or Placement Agents' compensation (which shall not <br />exceed 2.0% of the principal amount of the 20158 Limited Obligation Refunding <br />Bonds and /or Certificates). Execution of the 2008A First Contract Amendment <br />