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of this Resolution ("Bonds"), including allocations for administrative costs, legal fees, fees of fiscal agents, and all other costs associated with the issuance of the Bonds, payable from ad valorem taxes levied at a rate not to exceed one-half (1/2) of one mill (.50 mill) on all taxable property in the County, if approved by the qualified electors, to finance the cost of the acquisition of lands to protect water resources, drinking water sources, environmentally significant lands, historic sites, agricultural lands, open spaces, and/or wildlife habitat in Indian River County. Such Bonds shall bear interest at such rate or rates not exceeding the maximum rate permitted by law at the time of the sale of the Bonds. SECTION 12. BOARD COMMITMENTS ASSOCIATED WITH THE BONDS. 1. The Board hereby commits to do the following if the 2004 Referendum is approved by the voters: A. Seek matching funds in connection with the acquisition of the Projects to the maximum extent such matching funds are available; B. Make specific provisions for annual independent audit of the uses of the proceeds of the Bonds; 2. The Board hereby commits to revise the Environmental Lands Program Guide to provide criteria and guidelines for the acquisition of historic sites and/or agricultural land prior to the 2004 Referendum. SECTION 13. PROJECTS. For purposes of the 2004 Referendum and the Bonds, "Projects" means the acquisition by the County of lands to protect water resources and/or drinking water sources, environmentally significant lands, historic sites, and/or agricultural land, by purchasing interests in lands to protect water resources and/or drinking water sources, environmentally significant lands, historic sites, and/or agricultural lands including, but not limited to, fee simple interest, less than fee simple interest, conservation easements, the purchase or transfer of development rights, and the acquisition of other similar interests in lands to protect water resources and/or drinking water sources, environmentally significant lands, historic sites, and/or agricultural lands, together with the necessary preservation, restoration, remediation and reclamation activities to preserve, protect, or enhance such property, or, in the case of agricultural lands, to maintain the agricultural purpose of such property or restore such property to its natural state , including customary and necessary costs and expenses incurred in the acquisition of any such lands and all expenses incident to the sale, issuance and delivery of the Bonds, all as shall be more specifically determined by subsequent resolution of the County. E