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(E) The County has complied with the terms, conditions and restrictions contained in the Original Resolution. The County is, therefore, legally entitled to issue the Series 2009 Bonds as Additional Parity Bonds within the authorization contained in the Original Resolution. (F) The Series 2009 Bonds herein authorized shall be on a parity and rank equally, as to lien on and source and security for payment from the Pledged Funds and in all other respects, with the Series 2005 Bonds. (G) The County intends to negotiate the sale of the Series 2009 Bonds as hereinafter provided to RBC Capital Markets (the "Underwriter') for the reasons set forth herein. (H) The County wishes to approve the form of an agreement for the purchase of the Series 2009 Bonds authorized to be sold hereby. (I) The County desires to delegate to the Chairman or Vice Chairman or the County Administrator or the Director of Management and Budget the authority to award the sale of the Series 2009 Bonds to the Underwriter. (J) The County desires to ratify the distribution of and use by the Underwriter of a Preliminary Official Statement, to authorize the execution and distribution of an Official Statement in connection with the issuance of the Series 2009 Bonds and to take certain other actions in connection with the issuance and sale of the Series 2009 Bonds. (K) The County desires to authorize the purchase of municipal bond insurance from Assured Guaranty Corp. (the 'Bond Insurer"). (L) The County will be provided all applicable disclosure information required by Section 218.385, Florida Statutes, at the time of execution and delivery of the Bond Purchase Contract; and (M) The County does not expect to issue more than $30 million in obligations, the interest on which is excluded from gross income under the provisions of the Code, in the calendar year ending December 31, 2009 and has been advised by Bond Counsel, based on the County's representation of such expectation, that the County is entitled to designate the Note as a "qualified tax-exempt obligation" pursuant to Section 265(b)(3)(B) of the Internal Revenue Code of 1986, as amended (the "Code"). SECTION 4. AUTHORIZATION TO DEFEASE THE SERIES 1993 BONDS; ESCROW DEPOSIT AGREEMENT; APPOINTMENT OF ESCROW HOLDER. The defeasance and redemption of the Series 1993 Bonds with a redemption on the earliest 3