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Division Serial No. Prior Division Serial No. STATE OF FLORIDA DIVISION OF BOND FINANCE NOTICE OF INTENT TO ISSUE BONDS AND REQUEST FOR WRITTEN CONFIRMATION PART I (to be completed by applicant) Date: January 1, 2008 Name, address and phone number of person who prepared this Notice (confirmation or rejection will be sent to this person unless otherwise directed): Name: Gordon R. Jernigan Address: 25 West Cedar Street, Suite 530 Phone: ( 850) 432-7077 Pensacola, Florida 32502 Issuing Agency: Escambia County Housing Finance Authority Company (if applicable): Requested Amount: $ Is this a Supplementary Notice? Yes No X Chec one of the following: anufacturing Facility (as defined in Section 159.803(10), F.S.) lorida First Business Project (as defined in Section 159.803(11), F.S.) overnor's Office of Tourism, Trade and Economic Development certification must be attached) ultifamily Housing Single Family Housing X Other (If "O er', specify) Is this a Priority Project under State law? Yes No X Purpo. e: Single Family Mortgage Revenue Bond Program for Indian River County to be issued by the Escambia County Housing Finan e Authority s. 147 f) or similar IRC Approval Date: October 9, 2007 Appri ving Authority (Unit of Government): Board of County Commissioners of Indian River County Cont:. plated Date(s) of Issue: February 2008 IHE THE AM AM EBY CERTIFY THAT THE ELECTED OFFICIAL OR VOTER APPROVAL REQUIRED PURSUANT TO 147(0 OF INTERNAL REVENUE CODE HAS BEEN OBTAINED ON THE DATE INDICATED ABOVE, AND THAT THE UNT REASONABLY EXPECTED TO BE REQUIRED FOR THE FINANCING EQUALS AT LEAST 90% OF THE UNT REQUESTED ABOVE. Signure of Issuing Agency Official Zd , Issui g Agency Official - typed or printed Name and Title Gary C. Wheeler, Chairman, Board of County Commissioners IMP RTANT! Legal Opinion (Section 159.805(1), F.S.) enclosed: X $100.00 Filing Fee enclosed: X PART II (to be completed by the Division of Bond Finance) Rece'ved by: Date and Time Received: Adju ted Date Received (pursuant to Section 159.8081 or 159.8083, F.S.) Statu (confirmed or rejected): Amo nt Confirmed: $ Confirmation Valid Through: Amo nt Pending (if any): $ Comments: Cate ory of Confirmation: Title: Director, Division of Bond Finance ISS ER IS HEREBY ADVISED THAT THIS CONFIRMATION IS CONDITIONAL AND SHALL NOT BE CONSIDERED FIN L UNTIL AND UNLESS (1) THE DIVISION RECEIVES TIMELY NOTIFICATION OF ISSUANCE OF THE BONDS PUSUANT TO SECTION 159.805(5)(a), FLORIDA STATUTES, AND (2) THE DIVISION HAS ISSUED ITS FINAL CO IRMATION OF ALLOCATION (FORM BF 2007-B) WITH RESPECT TO THE BONDS. (For BF2006-G/1-1-97)