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BOND RATINGS Standard & Poor's Public Finance Ratings and Fitch, Inc. have assigned ratings of " " and " ," respectively to the Bonds without regard to the policy of municipal bond insurance. Standard & Poor's Public Finance Ratings and Fitch, Inc. have assigned the Bonds the ratings of "AAA" and "AAA," respectively, based upon the issuance by Ambac of its standard policy o ffinancial guaranty insurance policy insuring the timely payment of the principal of and interest on the Bonds. There is no assurance that any such ratings will continue for any givenperiod of time or that they will not be lowered or withdrawn entirely by the rating agencies, or any of them, if in their judgment circumstances so warrant. A downward change in or withdrawal of such ratings or any of them, may have an adverse effect on the market price of the Bonds. An explanation of the significance of the ratings can be received from the rating agencies. DISCLOSURE MATTERS Certificate as to Official Statement The execution and delivery of this Official Statement has been duly authorized by the County. At the time of delivery of Bonds to the Underwriter, the County will provide to the Underwriter a certificate (whichmaybe included in a consolidated closing certificate of the County), signedbythose County officials who signed this Official Statement, relating to the accuracy and completeness of this Official Statement and to its being a "final official statement" in the judgement of the County for the purposes of SEC Rule 15c2 -12(b)(3). Continuing Disclosure In accordance with the requirements of Rule 15c2-12 (the "Rule") promulgated by the Securities and Exchange Commission, the County has agreed or will agree to provide, (i) to each nationally recognized municipal securities informationrepository("NRMSIR") and, if designated by the State, the state information depository ("SID"), certain annual financial information and operating data, including audited financial statements, generally consistent with the information contained under the subheadings "Historical Table of Assessed Value," "Historical Ad Valorem Millage Rates," "Property Tax Levies" and "Comparative Ratios of Bonded Debt" under the heading "AD VALOREM TAX MA LEERS"; such information is expected to be available on or before June 1 of each year for the fiscal year ending on September 30 of the preceding calendar year, and will be made available, in addition to the NRMSIR's and the SID, to each holder of Bonds who makes request for such information; provided, that if audited financial statements are not available by June 1, the County will provide unaudited financial statements at the time the foregoing information is distributed; 27