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SECTION 2. Section 2(D) of Resolution No. 2003-080 is hereby amended to read as follows <br />(added language is underlined and deleted language is [bracketed]): <br />(D) The proceeds of the sale of the Bonds shall be deposited by the Issuer <br />on the date of issuance of the Bonds with the Refunded Bonds Paying Agent, <br />together with other funds of the Issuer which are sufficient to redeem, in full, the <br />Refunded Bonds on [September 2, 2003] their designated date of redemption, and <br />proceeds of the Bonds in excess of this amount shall be used by the Issuer to pay the <br />premium for the Financial Guaranty Insurance Policy and the debt service reserve <br />fund policy authorized in Section 6 hereof, and to pay costs of issuing the Bonds. <br />SECTION 3. All prior resolutions or other actions of the Issuer inconsistent with the <br />provisions of this Resolution are hereby modified, supplemented and amended to conform with the <br />provisions herein contained and except as otherwise modified, supplemented and amended hereby <br />shall remain in full force and effect. <br />SECTION 4. This Resolution shall take effect immediately upon its adoption. <br />PASSED. ANIS ADOPTED BY THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA, THIS 5th DAY OF AUGUST, 2003. <br />,:(SEAL <br />Aust'—.` Barton, Cle <br />iJ <br />By - <br />Deputy Clerk <br />Approved as to form <br />and 1- gal sufficiency <br />1/ Ada/ <br />2 <br />INDIAN RIVER COUNT , ORIDA <br />BOARD O . oUNT CO SSIONERS <br />BY: <br />enneth R. acht, Chairman <br />