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authorized to affix the seal of the County to such documents and certificates as may be <br />appropriate and to attest to the same and to execute and deliver the same as may be needed. In <br />addition, said officers are hereby authorized to cooperate with the Underwriters in preparing and <br />filing such filings under state securities or "blue sky" laws (including special consents to service <br />of process) as the Underwriters may request and as the Chairman of the Board of <br />Commissioners, the County Manager or the Director of Finance shall determine. <br />Section 9. The Finance Director shall prepare and file a swom statement of debt with the <br />LGC and the Clerk to the Board in accordance with North Carolina General Statutes Section <br />159-150. <br />Section 10. The County covenants that, to the extent permitted by the Constitution and <br />laws of the State of North Carolina, it will do and perform all acts and things to comply with the <br />requirements of the Internal Revenue Code of 1986, as amended (the "Code"), in order to assure <br />that interest paid with respect to the 2018 Limited Obligation Bonds will not be includable in the <br />gross income of the owners thereof for purposes of federal income taxation, except to the extent <br />that the County obtains an opinion of bond counsel to the effect that noncompliance would not <br />result in interest with respect to the 2018 Limited Obligation Bonds being includable in the gross <br />income of the owners of the 2018 Limited Obligation Bonds for purposes of federal income <br />taxation. <br />Section 11. This Resolution shall become effective immediately upon its adoption. <br />Thereupon, upon motion of Commissioner seconded by <br />Commissioner , the foregoing resolution entitled "RESOLUTION <br />APPROVING INSTALLMENT CONTRACT FINANCING FOR VARIOUS PUBLIC <br />PROJECTS IN AN AGGREGATE PRINCIPAL AMOUNT UP TO $55,000,000 AND THE <br />EXECUTION AND DELIVERY BY THE CABARRUS COUNTY DEVELOPMENT <br />CORPORATION OF CERTIFICATES OF PARTICIPATION AND/OR LIMITED <br />OBLIGATION BONDS RELATED THERETO, AUTHORIZING THE EXECUTION AND <br />DELIVERY OF RELATED DOCUMENTS IN CONNECTION THEREWITH, AND <br />PROVIDING FOR CERTAIN OTHER RELATED MATTERS" was adopted and passed by the <br />following vote: <br />AYES: <br />6 Attachment number 1 \n <br />F-2 Page 42 <br />