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ATTORNEY'S CERTIFICATE RE ARBITRAGE <br />I, George G. Collins, Jr., attorney for Indian River <br />County, Florida, have conducted an investigation regarding the <br />issuance on July 6, 1977, of a $200,000 Revenue and General Obliga- <br />tion Note of the County dated July 6, 1977. The investigation <br />included: <br />(1) Consultation with the Chairman and Clerk of the <br />Board of County Commissioners regarding the use of the proceeds <br />of the Note; <br />(2) Consultation regarding the investment, if any, of <br />the proceeds of the Note; and <br />(3) An examination of the amount needed for the purpose <br />of the Note and the total amount of the issue of Notes of which <br />said Note is a part. <br />Based upon the above described examination, it is my <br />opinion that the certification of the Chairman of the Board of <br />County Commissioners is not unreasonable. <br />IN WITNESS WHEREOF, I have hereunto set my hand this 6th <br />day of July, 1977. <br />County for y, Indian Riv County, <br />Florida <br />JUL -17 <br />10191 <br />BOOK 3G PA 3E 204 <br />