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i <br /> RESOLUTION NO. 2001-043 <br /> The execution and delivery of the Interlocal Agreement,authorizing Florida Housing to issue its <br /> Florida Housing Multifamily Housing Revenue Bonds,Series[to be determined]to finance the cost of <br /> acquisition,construction and equipping a multifamily residential rental apartment project in the County,the <br /> proposed form ofwhich is attached hereto as Exhibit"B"(the"Interlocal Agreement")is hereby authorized. <br /> The form of the Interlocal Agreement attached hereto as Exhibit"B"is hereby approved,subject to such <br /> changes,insertions and omissions and such filling in of blanks therein as may be approved and made in such <br /> form by the officers of the Board and Florida Housing executing the same,such execution and delivery to <br /> be conclusive evidence of such approval. <br /> SECTION 2. The Chairman or Vice Chairman and the Clerk or Assistant Clerk of the Board are <br /> hereby authorized and empowered to execute and deliver the Interlocal Agreement, subject to such <br /> changes,modifications,additions,deletions and substitutions as such officers executing the same shall <br /> approve,such execution to be conclusive evidence of such approval and to affix thereto or impress thereon <br /> the seal of the County. <br /> SECTION 3. The Bonds shall not constitute a debt, liability or obligation of the County or a <br /> pledge of the faith and credit of the County,and the County will not be liable on the Bonds,nor will the <br /> Bonds be payable out ofany funds other than those pledged and assigned under the Indenture and the Loan <br /> Agreement,pursuant to the terms of which Florida Housing issues the Bonds. <br /> SECTION 4. It is expressly stated and agreed that the adoption of this Resolution is not a <br /> guaranty,express or implied,that Florida Housing will approve the issuance of the Bonds for the Project. <br /> The Developer shall hold the County,the Board and its past,present and future members,officers,staff, <br /> attorneys,financial advisors and employees harmless from any liability or claim based upon the failure of <br /> 3 <br />