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SECTION 5. The purchase of municipal bond insurance with respect to the <br />Bonds from AMBAC Indemnity Corporation is hereby authorized and directed. The <br />Chairman, the Vice Chairman and the Clerk of the Board and the proper officers <br />of the County are each hereby authorized and directed to take all actions on <br />behalf of the County as may be necessary, desirable and/or appropriate in <br />connection with such insurance, including without limitation the payment of the <br />premium therefor. <br />SECTION 6. First Union National Bank of Florida, Jacksonville, Florida, <br />is hereby appointed Paying Agent and Bond Registrar for the Bonds. <br />SECTION 7. The Preliminary Official Statement with respect to the Bonds <br />(the "Preliminary Official Statement"), a copy of which was attached to <br />Resolution No. 93-�W is hereby approved and ratified by the County, and the <br />County hereby approves and ratifies the use by the Purchaser of the Preliminary <br />Official Statement in connection with the sale and public re -offering of the <br />Bonds. The Official Statement with respect to the Bonds, in substantially the <br />form of the Preliminary Official Statement, with such insertions, deletions and <br />changes as may be necessary and/or desirable and approved by the Chairman or Vice <br />Chairman of the Board prior to the execution thereof (the "Official Statement"), <br />is hereby approved by the County and the Chairman or the Vice Chairman and the <br />proper officers of the County are hereby authorized and directed to execute the . <br />Official Statement and to deliver the same to the Purchaser for use by it in <br />connection with the sale and distribution of the Bonds, the necessity and/or <br />desirability and approval of any such omissions, insertions and variations shall <br />be conclusively presumed by such execution and delivery. <br />SECTION B. The Chairman and Clerk of the Board are hereby authorized and <br />directed to execute the Bonds, when prepared, by manual or facsimile signatures, <br />4 <br />