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defeasance of the City Bonds as herein authorized. Pending <br />reimbursement, the County expects to use funds on deposit in the <br />County's water and sewer system enterprise fund and/or the County's <br />general fund to pay the costs of acquiring the City System through <br />the defeasance of the City Bonds. It is not reasonably expected <br />that the total amount of debt to be incurred by the County to <br />reimburse itself for expenditures paid with respect to the <br />acquisition of the City System will exceed $5,000,000. This <br />Resolution is intended to constitute a B1declaration of official <br />intent" within the meaning of Section 1.150-2 of the Income Tax <br />Regulations. <br />SECTION 10. EXECUTION OF DOCUMENTS. The Chairman and Vice <br />Chairman of the Board of County Commissioners, the County Finance <br />Director, the County Administrator and the County Attorney or any <br />other appropriate officers of the County are hereby authorized and <br />directed to execute any and all certifications or other instruments <br />or documents required by this Resolution, the Acquisition <br />Agreement, the Escrow Deposit Agreement or any other document <br />referred to above as a prerequisite or precondition to the <br />acquisition of the City System through the defeasance of the City <br />Bonds, and any representation made therein shall be deemed to be <br />made on behalf of the County. <br />SECTION 11. SEVERABILITY. If any one or more of the <br />covenants, agreements or provisions of this Resolution should be <br />held contrary to any express provision of law or contrary to the <br />policy of express law, though not expressly prohibited, or against <br />6 <br />