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PRO" 9 M 0 994 224 1544 4.12.1993 29141 P.14 <br />properties, assets and the financial condition of the <br />county taken as a whole or the System, or (6) asserting <br />that the Official Statement contains any untrue statement <br />of a material fact or omits any material fact necessary <br />to make the statements therein, in the light of the <br />circumstances under which they were made not misleading; <br />(D) since September 30, 1992, no material adverse change <br />has occurred in the financial position or results of <br />operations of the county except as set forth in or <br />contemplated by the official Statement; (E) the County <br />has not, since September 30, 1992, incurred any material <br />liabilities other than in the ordinary course of business <br />or as set forth in or contemplated by the Official state- <br />ment; (F) the county has not, â– ince 1975, bean in default <br />on any bonds or other debt obligations of the County; and <br />(G) the official Statement did not as of its date, and <br />does not as of the Date of closing contain any untrue <br />statement of a material fact or omit to state a material <br />fact required to be included therein or necessary in <br />order to make the statements contained therein, in the <br />light of the circumstances in which they were made, not <br />misleading. <br />(vi) An opinion, dated the Date of Closing and <br />addressed to the Underwriter, of Bryant, Miller and <br />olive, P.A., and Josias i Goren, Co -counsel for the <br />Underwriter, to the effect that (A) it is not necessary <br />to register the Bonds under the Securities Act of 1933, <br />as amended, or to qualify the Resolution under the Trust <br />indenture Act of 1939, as amended; and (B) based upon the <br />Information made available to them in the course of their <br />participation in the preparation of the Official <br />Statement as counsel for the Underwriters and without <br />having undertaken to determine independently or assuming <br />any responsibility for the accuracy, completeness or <br />fairness of the statements contained in the Official <br />Statement, they do not believe that the Official <br />Statement as of its date and as of the Closing Date <br />contained any untrue statement of a material fact or <br />omitted to state a material fact required to be stated <br />therein or necessary to make the statements therein, in <br />the light of the circumstances under which they were <br />made, not misleading (except that no opinion or belief <br />need be expressed as to any engineering, financial and <br />statistical data contained in the official Statement). <br />(vii) A letter from Coopers S Lybrand, independent <br />certified public accountants, addressed to the County and <br />the Underwriter, consenting to the use of the audited <br />financial statements of the County in the Official <br />Statement. <br />-13- <br />