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SECTION 5. The Board hereby authorizes stall'to negotiate and prepare for subsequent <br />approval by the Board of a plan for financing the Project with Florida Housing, which plan shall <br />specifically include the interlocal agreement to be subsequently approved by the County as a <br />precondition to the issuance of the Bonds by Florida Housing using any bond volume allocation <br />obtained by the County on behalf of the Developer. The County Administrator, or its designated <br />representative, is hereby authorized to apply and to reapply, as the case may be, on behalf of the <br />Developer to the State of Florida Division of Bond Finance for bond volume allocation in an amount <br />not to exceed $1,600,000. <br />SECTION 6. All resolutions and orders or parts thereof, of the Board in conflict herewith <br />are, to the extent of such conflict, hereby modified to the extent of such conflict. <br />SECTION 7. It is found and determined that all formal actions of this Authority concerning <br />and relating to the adoption of this Resolution were taken in an open meeting of the members of this <br />Board and that all deliberations of the members of this Board and of its committees, if any, which <br />resulted in such formal action were taken in meetings open to the public, in full compliance with all <br />legal requirements. <br />4 <br />