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RESOLUTION NO. 2003-058 shall cause notice of redemption of the Refunded Bonds on July 1, 2003 to be issued, with such redemption conditional solely upon the issuance of the 2003 Bonds. The acceptance of the offer to purchase the 2003 Bonds, shall constitute a decision to refund the Refunded Bonds in accordance with this Resolution. (c) The proceeds of the sale of the 2003 Bonds shall be deposited by the County on the date of issuance of the 2003 Bonds with the Paying Agent for the Refunded Bonds, together with other funds of the County, which are sufficient to redeem, in full, the Refunded Bonds on July 1, 2003. SECTION 4. GENERAL AUTHORITY. The Chairman or Vice -Chairman, the County Administrator, the County Attorney, the Clerk and any other proper officials of the County are hereby authorized to do all acts and things required of them by this Resolution, the Resolution, the Purchase Agreement or that may otherwise be desirable or consistent with accomplishing the full, punctual and complete performance of all the terms, covenants and agreements contained in any of the foregoing and the County is hereby authorized and directed to execute and deliver any and all papers and instruments and to cause to be done any and all acts and things necessary or proper for carrying out the transactions contemplated thereby. SECTION 5. NEGOTIATED SALE. The 2003 Bonds shall be sold to the Underwriter, upon the terms and conditions set forth in the Purchase Agreement attached hereto and incorporated by reference, upon the satisfaction of the conditions set forth in Section 3(b) hereof The Chairman or Vice Chairman of the Board of County Commissioners or County Administrator are hereby authorized to execute such Purchase Agreement in substantially the form attached as Exhibit "A," with the approval of the County Attorney as to form and legal sufficiency, with such additional changes, insertions and omissions therein as do not change the substance thereof and as may be approved by the said officers of the Issuer executing the same, such execution to be conclusive evidence of such approval. SECTION 6. REDEMPTION, INTEREST RATE AND MATURITY PROVISIONS. The 2003 Bonds shall be dated, shall bear interest payable at the times, shall mature and shall be subject to redemption as provided in the Purchase Agreement. The use of the proceeds of the 2003 Bonds, shall be as provided in the Official Statement relating to the 2003 Bonds. SECTION 7. REGISTRAR AND PAYING AGENT. U.S. Bank National Association, Ft. Lauderdale, Florida is hereby appointed and designated to serve as Paying Agent and Regis- trar for the 2003 Bonds. SECTION 8. APPLICATION OF FUNDS HELD FOR REFUNDED BONDS. On the date of issuance of the 2003 Bonds, the Issuer shall transfer the funds on hand in the various funds and accounts established for the Refunded Bonds in such manner as may be directed by a certificate of the County Administrator executed prior to or simultaneously with the issuance of the 2003 Bonds. SECTION 9. PRELIMINARY OFFICIAL STATEMENT. The County Administrator is authorized and directed to cause a Preliminary Official Statement to be prepared in substantially the form attached hereto as Exhibit B, with such changes, insertions and omissions as shall be approved by the County Administrator and to furnish a copy of such Preliminary Official