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L-1 <br />11 <br />04 <br />revenues and receipts to be derived by the County pursuant to the Agreement, <br />the Note and the Mortgage. The Bonds together with the interest thereon, shall <br />be, and are hereby declared to be, limited obligations of the County and neither <br />the County, nor the State of Florida, nor any political Subdivision thereof, <br />shall be obligated to pay the Bonds or the interest thereon or other costs or <br />payments incident thereto, except from the aforementioned revenues and receipts. <br />Neither the faith and credit nor the taxing power of the County or the State, of <br />Florida or any political subdivision thereof is pledged to the payment of the <br />Bonds or the interest thereon or other costs or payments incident thereto. The <br />Bonds and obligations arising thereunder do not create or reflect liability of <br />the County or any member, official or employee thereof, except as otherwise <br />described in this Section 7. <br />SECTXON 8, The Bonds shall be sold privately <br />to such individual or entity as shall be approved by the Company, at a purchase <br />price of 100% of the principal amount of the Bonds. Negotiated sale of the, <br />Bonds is hereby found to be in the best interests of the County. <br />SECTION 9. AEERQV _&C IU= <br />AL AND AUTHORIZATION TO EX!�� jig This <br />County shall enter into the Agreement with the Company, such Agreement to be <br />substantially in the form presented to the Board at this meeting, which form is <br />approved, together with such changes therein as shall be approved by the <br />officers of this County executing the Agreement, their execution thereof to <br />constitute conclusive evidence of such approval. The County hereby authorizes <br />and directs the Chairman of the Board to execute, and its Clerk to attest under <br />- 7 - <br />