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that the Official Statement (together with any <br />amendments or supplements thereto) as of the Closing <br />Date contains any untrue statement of a material fact <br />or omits to state a material fact necessary to make the <br />statement therein, in the light of the circumstances <br />under which they were made, not misleading (except as <br />aforesaid); <br />(vi) A "comfort letter" from Coopers & Lybrand <br />dated the Closing Date covering such financial <br />information reasonably requested by the Underwriter and <br />their counsel; and <br />(vii) Evidence, satisfactory to the Underwriter, <br />dated the date of Closing, to the effect that payment <br />for the insurance policy of Financial Guaranty <br />Insurance Company ("FGIC") described in the Official <br />Statement has been made by the: County and received by <br />FGIC, that FGIC has received all documents that it has <br />deemed necessary to review and that: such insurance <br />policy is in .full force and effect; <br />(viii) A certificate of FGIC or opinion of <br />Counsel to FGIC, dated the date of Closing, addressed <br />to the Underwriter, to the effect that (A) FGIC is duly <br />qualified to do business in the State of Florida, (8) <br />FGIC has full corporate power and authority to execute <br />and deliver the insurance policy for the Series 1991 <br />Bonds (the "Policy") and the Policy has been duly <br />authorized, executed and delivered by FGIC and <br />constitutes a legal, valid and binding obligation of <br />FGIC enforceable in accordance with its terms, and (C) <br />the statements contained in the Official Statement <br />under the heading "MUNICIPAL BOND INSURANCE" insofar as <br />such statements constitute summaries of the matters <br />referred to therein, accurately reflect and fairly <br />present the information purported to be shown and, <br />insofar as such statements purport to describe FGIC, <br />fairly and accurately describe FGIC; <br />(ix) A letter from each of Fitch Investors <br />Service, Inc., Moody's Inventors Service and Standard & <br />Poor's Corporation to the effect that the Series 1991 <br />Bonds have been assigned a rating no less favorable <br />than "AAA," "Aaa" and "AAA," respectively, which <br />ratings shall be in effect as of the date of Closing; <br />(x) Such additional legal opini.on°, certificates <br />proceedings, instruments and other documents as the <br />Underwriter or Bond Counsel may deem necessary to <br />evidence compliance by the :Cr fuer with applicable legal <br />requirements, the truth and accuracy in all material <br />13 <br />.1 <br />44 <br />