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3. Public Offerine. It shall be a condition to the County's obligation to sell and to deliver the Bonds to, or at the direction of, the Underwriter, and to the Underwriter's obligation to purchase, to accept delivery of and to pay for the Bonds, that the entire principal amount of Bonds be delivered by the County and accepted by the Underwriter at the Closing. The Underwriter intends to make an initial bona fide public offering of all of the Bonds at not in excess of the public offering prices (or lower than the yields) set forth on the cover of the Official Statement and may subsequently change such offering prices (or yields) without any requirement of prior notice. The Underwriter may offer and sell Bonds to certain dealers (including dealers depositing Bonds into investment trusts) and others at prices lower than the public offering price stated on the cover of the Official Statement. The Underwriter agrees to promptly notify the County and its Bond Counsel of any such change in the offering price of the Bonds. 4. Good Faith Deposit. Delivered to the County herewith, as security for the performance by the Underwriter of its obligation to accept and pay for the Bonds at the Closing (as defined in Paragraph 7 below) in accordance with the provisions hereof, is a corporate check payable to the order of the County, in the amount of $75,300 (the "Good Faith Deposit"). In the event you accept this offer, the Good Faith Deposit is to be held uncashed pursuant to the provisions of this paragraph 4. In the event of the Underwriter's compliance with its obligations hereunder, the Good Faith Deposit shall be returned uncashed to the Underwriter at the Closing. In the event of the County's failure to deliver the Bonds at the Closing, or if the County shall be unable at the date of the Closing to satisfy the conditions to the obligations of the Underwriter contained herein, or if the obligations of the Underwriter shall be terminated for any reason permitted by this Contract of Purchase, the Good Faith Deposit shall be immediately returned uncashed to the Underwriter. If the Underwriter fails (other than for a reason permitted hereunder) to accept and pay for the Bonds upon tender thereof by the County at the Closing as herein provided, the Good Faith Deposit may be cashed and the proceeds thereof shall be retained by the County as and for full liquidated damages for such failure and for any and all defaults hereunder on the part of the Underwriter, and such proceeds shall constitute a full release and discharge of all claims and damages for such failure and for any and all such defaults, and the County shall have no further action for damages, specific performance or any other legal or equitable relief against the Underwriter. 5. Official Statement. As soon as possible after the time of your acceptance hereof, and in any event on or before seven (7) business days from the date hereof, or by such earlier date, as reasonably requested by the Underwriter, to the extent required by paragraph (b)(3) of Rule 15c2-12 of the Securities and Exchange Commission ("SEC") or the rules of the Municipal Securities Rulemaking Board ("MSRB"), the County shall deliver or cause to be delivered to the Underwriter copies of the Official Statement, dated the date hereof, relating to the Bonds, in sufficient quantities to allow the Underwriter to comply with paragraph (b)(4) of Rule 15c2-12 of the SEC and the rules of the MSRB. The County shall also deliver at Closing to the Underwriter (a) two (2) copies of the Official Statement executed on behalf of the County by the Chairman of the Board of County Commissioners or any other officer of the County authorized to execute the Official Statement by the Resolution, and (b) two (2) certified copies of the Resolution. The County agrees to supplement or amend the Official Statement, in form and substance satisfactory to the Underwriter, when, pursuant to Paragraph 6(l) below or in the reasonable judgment of the Underwriter, such supplementation or amendment is required and agrees to furnish to the Underwriter a reasonable number of copies of such supplementation or amendment. The County has duly adopted the Resolution and authorized the execution of and approved, in substantially final form, the form of the Escrow Deposit Agreement, and any other pertinent documents to which it is a party to be used in connection with the offering, sale and issuance of the Bonds. The County hereby authorizes the use and distribution of the Official Statement in connection with the public offering and sale of the Bonds. In connection with the preparation and delivery of the Official Statement, the County hereby agrees to deliver or cause to be delivered to the Underwriter such usual certificates, opinions, consents, P -a