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On the basis of the foregoing facts, estimates and <br />reasonable expectations, and the covenants made in the resolution <br />authorizing the Bonds, it is not expected that the proceeds of <br />the Bonds will be used in a manner that ,could cause the Bonds to <br />be arbitraye bonds under Section 103(c) of the Code or the <br />Regulations. To the best of my knowledge and belief there are no <br />facts, estimates or circumstances that would materially change <br />such expectations. <br />IN WITNESS 'WHEREOF, the undersigned has executed and <br />delivered this certificate this 24th day of November, 1981. <br />INDIAN RIVER COUNTY, FLORIDA <br />By <br />Chairman, Board of County <br />Commissioners <br />