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Redemption Period (both dates inclusive) September 1, 1995, through August 31, 1996 September 1, 1996, through August 31, 1997 September 1, 1997, through August 31, 1998 September 1, 1998, through August 31, 1999 September 1, 1999, and thereafter Boa 61 PA,c 206 Redemption Premium 2% 1 1/2 1 1/2 0 SECTION 2. BOND REGISTRAR AND PAYING AGENT. The bond registrar and paying agent for the Bonds shall be Florida National Bank, Jacksonville, Florida. SECTION 3. RESERVE ACCOUNT REQUIREMENT. The Reserve Account Requirement (as defined in the Resolution) for the Bonds is $0.00. SECTION 4. AWARD OF BONDS. $2,720,000 aggregate prin- cipal amount of the Bonds are hereby awarded and sold to the Purchaser at the price—of $2,646,251.85, plus accrued interest to the date of delivery, bearing interest as stated above, and upon the remaining terms and conditions of the proposed Bond Purchase Agreement, dated April 16, 1986, attached hereto. SECTION 5. STATEMENT OF INSURANCE. There shall be printed on the back of each Bond a statement to the effect that the principal of and interest on the Bonds is insured by the Insurer, and the proper officer of the Issuer is authorized and directed to pay the premium for such insurance upon the delivery of the Bonds. SECTION 6. OFFICIAL STATEMENT. The form and dissemina- tion of the preliminary Official Statement with respect to and in connection.with the marketing of the Bonds are hereby approved. The proper officers and/or employees of the Issuer are hereby directed to cause the final Official Statement for the Bonds to be prepared in substantially the form of the preliminary Official Statement, with such changes and additions as may be suggested from time to time by the proper officers and/or employees of the Issuer. SECTION 7. CANCELLATION OF BALANCE OF BONDS. The authorization for the issuance of the unsold balance of the Bonds is hereby cancelled and rescinded. 59