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authorized to be issued Revenue and General Obligation Notes of the County (herein called "Notes") , in the aggregate principal amount of not exceeding One Million Three Hundred Fifty Thousand Dollars ($1, 350 ,000) . The Notes shall be payable to bearer unless registered as hereinafter provided; shall be payable in lawful money of the United States of America; shall be issued either at one time or in installments from time to time; shall be numbered consecutively from one upward and each Note shall be dated- as of the date of issuance ;thereof. Said Notes shall mature on or before May 1, 1,978 and shall bear interest, payable at maturity, at the rate of four and sixty-five hundredths per centum (4 . 65%) per annum. Such Notes shall be payable as to principal and interest at First Citrus Bank of Indian River County, Vero Beach, Florida and such Notes shall -be in such denominations, in multiples of $5 , 000 , as may be agreed upon between the purchaser and the County. SECTION 5. SALE OF NOTES . The Notes are hereby awarded and sold at private sale, at the price of par, to First Citrus Bank of Indian River County, Vero Beach, Florida. The Chairman of the Board of County Commissioners is hereby authorized to receive the purchase price of said Notes , as issued, and to apply the proceeds thereof without further authority from this Board. SECTION 6. EXECUTION OF NOTES. The Notes shall be executed in the name of the County by the Chairman of the Board of County Commissioners and countersigned and attested by the Clerk of the Board, and its corporate seal or a facsimile thereof shall be affixed thereto or reproduced thereon. The facsimile signatures of the Chairman or the Clerk may be imprinted or reproduced on the Notes, provided that at least one signature required to be placed thereon shall be manually subscribed. In case any officer whose signature shall appear on any of the Notes shall cease to be such officer before the delivery of such Notes, such signature or facsimile shall nevertheless be Valid and sufficient for all purposes the same as if he had remained in office until such delivery. The Notes may be signed and sealed on behalf of the County by such person who at -2-