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.{ <br />Redemption Period <br />(both dates inclusive) Redemption Premium <br />September 1, 1995, through August 31, 1996 2% <br />September 1, 1996, through August 31, 1997 1 1/2 <br />September 1, 1997, through August 31, 1998 1 <br />September 1, 1998, through August 31, 1999 1/2 <br />September 1, 1999, and thereafter 0 <br />SECTION 2. BOND REGISTRAR AND PAYING AGENT. The bond <br />registrar and paying agent for the Bonds shall be Florida <br />National Bank, Jacksonville, Florida. <br />SECTION 3. RESERVE ACCOUNT REQUIREMENT. The Reserve <br />Account Requirement (as defined in the Resolution) for the Bonds <br />is $0.00. <br />SECTION 4. AWARD OF BONDS. $2,720,000 aggregate prin- <br />cipal amount of the Bonds are hereby awarded and sold to the <br />Purchaser at the price of $2,646,251.85, plus accrued interest <br />to the date of delivery, bearing interest as stated above, and <br />upon the remaining terms and conditions of the proposed Bond <br />Purchase Agreement, dated April 16, 1986, attached hereto. <br />SECTION 5. STATEMENT OF INSURANCE. There shall be <br />printed on the back of each Bond a statement to the effect that <br />the principal of and interest on the Bonds is insured by the <br />Insurer, and the proper officer of the Issuer is authorized and <br />directed to pay the premium for such insurance upon the delivery <br />of the Bonds. <br />SECTION 6. OFFICIAL STATEMENT. The form and dissemi.ia- <br />tion of the preliminary Official Statement with respect to and in <br />connection with the marketing of the Bonds are hereby approved. <br />The proper officers and/or employees of the Issuer are hereby <br />directed to cause the final Official Statement for the Bonds to <br />be prepared in substantially the form of the preliminary Official <br />Statement, with such changes and additions as may be suggested <br />from time to time by the proper officers and/or employees of the <br />Issuer. <br />SECTION 7. CANCELLATION OF BALANCE OF BONDS. The <br />authorization for the issuance of the unsold balance of the Bonds <br />is hereby cancelled and rescinded. <br />-5- <br />