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which would be financially impractical for bidders to undertake in a c0mpetitive sale context. ~\. The Issuer expects to sell the Bonds at negotiated sal~ shortly after their validation, '.~. Notice of the proposed arloption of this resolution ,\I.is published at least once not later than 14 days prior to the date rJf adoption of this resolution, in a newspaper of general circulation in the area of the Issuer. SECTION 4, FINANCING OF PROJECT AUTHORIZED, ~le financing of the cost of the Project in the manner provided in the Loan ~greement is hereby authorized. SECTION 5. AUTHORIZATION OF BONDS. Obligations of the Issuer to be known as ~Industrial Development Revenue Bonds, Seri~s 1983 (Florida Health Facilities Project)," are hereby authorized to be issued in an aggregate principal amount not •~ xceed ing S 2,400,000, in the form and manner des er ibed in the In.Jenture. The Bonds will be dated such date and mature in such year:; .1nd amounts, will contain such redemption provisions and will bedr interest at such rate or rates (not exceeding the maxi- mum interest rate permitted by the Act), all as provided in the Indenture. SECTION 6. AUTHORIZATION OF EXECUTION AJ:-lD DELIVERY OP LOAN ,\GREE:-lENT. The Loan Agreement, in substantially the form <lttached hereto as Exhibit B, with such changes, insertions and corrections as may be approved by the Chairman of the Board of County Commissioners of the Issuer ( the "Chairman"), such appro- val to be (_)resumed by his execution thereof, is hereby approved by the Issuer, and the Issuer hereby authorizes and directs the Chair:nan and Clerk of the Board of County Commissioners of the Issuer (the "Clerk") to execute and attest under the official seal. of the Issuer, the Loan Agreement, anu to deliver to the Dorrower the Loan Agreement, all of the provisions of which, when executed and delivered by the Issuer as authorized herein and by the Oorrower duly authorized, shall be deemed to be a part of this resolution as fully and to the same extent as if incor- porated verbatim herein. SEC'rION 7. TIWS'rt.::E AND PAYING AGEN'l'. The IGsuer hereby .ippuint.s □arnett Danks Trust Company, N.A., Jacksonville, Florida, as Trustee and Paying Agent with respect to the Bonds. SEC'rI•JN 8. AUTl-fORIZATION OF' EXEClJ"l'fON /\ND DELIVERY -JF' r:~Dl:::-ITURE. As security for the payment of the principal of, -4-