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be fixed by the Board prior to their issuance. The Board shall <br />determine the place or places of payment of the principal, <br />redemption premium, if any and interest on the Obligations, which <br />may be at the office of the Clerk of the Circuit Court for the <br />County, ex officio Clerk of the Board (the "Clerk"), or any bank or <br />trust company within or without the State of Florida. The <br />Obligations shall be signed by the manual or facsimile signature of <br />the Chairman of the Board, and attested by the manual or facsimile <br />signature of the Clerk, and may further be authenticated on behalf <br />of the County by the Clerk or a bank or trust company which may be <br />acting as registrar of the Obligations, whichever is applicable; <br />provided, that such Obligations shall bear at least one signature <br />which is manually executed thereon; and shall have the seal of the <br />Board affixed, imprinted, reproduced or lithographed thereon; all <br />as shall be prescribed in the resolution or resolutions authorizing <br />the issuance of the Obligations. The Obligations may be sold at <br />public or private sale at such price or prices as the Board shall <br />determine. In connection with or as a result of the issuance of <br />the Obligations or any other outstanding indebtedness of the <br />County, the County may issue or cause to be issued and/or <br />delivered, derivative products including, but not limited to, <br />detachable call options, interest rate swaps and forward refunding <br />options. <br />SECTION 6. REFUNDING OBLIGATIONS <br />The County may issue Obligations to refund any <br />Obligations issued under the authority of this ordinance and <br />provide for the rights of the owners thereof. Such refunding <br />Obligations may be issued in an amount sufficient (a) to pay any <br />expenses of the issuance and sale of such refunding Obligations and <br />(b) together with the income from the investment of a portion of <br />the proceeds of sale of such refunding Obligations, to pay (i) the <br />principal of the outstanding Obligations, (ii) the interest due and <br />payable on the outstanding Obligations, and (iii) the redemption <br />premium, if applicable, on the outstanding Obligations. <br />-3- <br />