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SECOND DRAFT - November 23, 1992 <br />Enabling Resolution, that the County may select the maturities to be redeemed and <br />that if less than all of the Series 1987 Bonds of a particular maturity are to <br />be redeemed, the selection of the particular Series 1987 Bonds of that maturity <br />to be redeemed shall be by lot; and <br />WHEREAS, The Governing Body of the County, by Resolution No. <br />duly adopted in accordance with law, inter alia, has authorized the sale, <br />issuance and delivery of a further installment of bonds authorized by the Master <br />Bond Resolution, such bonds being in the aggregate principal amount of <br />$7,530,000, and designated as the "Refunding Revenue Bonds, Series 1992", dated <br />as of December 1, 1992 (the "Series 1992 Bonds"), with the proceeds, together <br />with any other money made available for the purposes, if any, to be used, inter <br />alia, for the purposes of refunding that portion of each of the maturities of the <br />outstanding Series 1985 Bonds that is identified in Exhibit "B-1" attached hereto <br />and made part hereof (the "Refunded Series 1985 Bonds"), refunding the <br />outstanding Series 1987 Bonds and providing for the payment of the costs and <br />expenses of such refunding and of the issuance of the Series 1992 Bonds, all in <br />accordance with applicable and appropriate provisions of the Master Bond <br />Resolution; and <br />WHEREAS, The County, simultaneously with the execution and delivery <br />of this Agreement, proposes to deliver the Series 1992 Bonds to the purchasers <br />thereof, all in accordance with prior action heretofore taken by the Governing <br />Body of the County; and <br />- 4 - <br />