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execute and deliver in the time and on behalf of the County the final Official Statement in <br />substantially such form, with such changes, insertions and omissions, including but not limited to <br />changes, insertions or omissions related to a private placement of all or a portion of the 2018 <br />Limited Obligation Bonds, or related to obtaining a policy of municipal bond insurance with <br />respect to all or a portion of the 2018 Limited Obligation Bonds, as the person executing the final <br />Official Statement may approve, the execution and delivery of the final Official Statement to <br />constitute conclusive evidence of such approval. <br />Section 7. Each of the Chairman of the Board of Commissioners, the County Manager <br />and 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 $55,000,000), the <br />maturities, the principal amounts and the interest amounts (if any) of the Installment Payments <br />and any Certificates and/or Bonds, which interest amounts (calculated with respect to any <br />Certificates and/or Bonds) shall not exceed 6.5% per annum on an effective interest cost basis, <br />the prepayment terms and prices (which shall not exceed 103% of the principal amount being <br />prepaid) and the Underwriters' discount (exclusive of any original issue discount) or Placement <br />Agents' compensation (which shall not exceed 2.0% of the principal amount of any Certificates <br />and/or Bonds). Execution of the Contract(s) by the Chairman of the Board of Commissioners or <br />the County Manager shall conclusively evidence such approval of all such details of said <br />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 <br />further action, including approval of modifications to the Financing Documents, and to execute <br />and deliver for and on behalf of the County such other documents and certificates (including, <br />without limitation, agreements with securities depositories, financing statements, one or more <br />contracts of purchase or purchase agreements, one or more placement agreements, one or more <br />private placement agreements or other offering documents or memoranda, tax certificates and <br />agreements and other documents and agreements (including repurchase agreements) relating to <br />the investment of the proceeds from the execution and delivery of the Contract(s)) as they may <br />deem necessary or advisable to carry out the intent of this resolution and to effect the financing <br />pursuant to the Contract(s) and the other Financing Documents. The County Clerk is hereby <br />5 Attachment number 1 \n <br />F-2 Page 41 <br />