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40 •em • . interest thereon, is a limited obligation of the County and neither the County, nor the State of Florida, nor any political subdivision thereof, shall be obligated to pay the Bond or the interest thereon or other costs or payments incident thereto, except frau the aforementioned revenues and receipts and neither the faith and credit nor the taxing power of the County or the State of Florida or any political subdivision thereof is pledged to the payment of the Bond or the interest thereon or other costs or payments incident thereto. The Bond and obligations arising thereunder do not create or reflect liability of the County or any member, official or employee thereof, except as otherwise described in this Section 7. SECTION 8. SALE OF THE BOND. The Bond shall be sold to the Citizens and Southern National Bank, Atlanta, Georgia, at a purchase price of 99% of the principal amount of the Bond to be delivered to such purchaser. Because of the nature of the Bond and the prevailing market conditions, the negotiated sale of the Bond is hereby found to be in the best interests of the County. SECTION 9. AUTHORIZATION OF E)MC[TPION OF AGRE2NE TT. The County hereby authorizes and directs the Chairman of the Board of County Cammissioners to execute, and its Clerk to attest under the seal of the County, the Agreement, and to deliver the Agreement to the Corporation, and does hereby authorize and direct the execution, sealing arra delivery of the Agreement and the execution of the endorsement of the Note which is attached to the Agreement thereto. All of the provisions of the Agreement, when executed and delivered by the County as authorized herein and when duly authorized, executed and delivered by the Corporation, shall be deemed to be a part of this Resolution as fully and to the same extent as if incorporated verbatim herein, and the Agreement shall be in substantially the form of the Agreement attached hereto as Exhibit B with such changes, amendments, modifications, omissions and additions, including the date of such Agreement, as may be approved by said Chairman. Execution by the Chairman of the Agreement shall be deemed to be conclusive evidence of approval of such changes. SECTION 10. AUTHORIZATION OF T=JTION OF INDENTURE. As security for the payment of the principal of, premium, if any, and interest on the Bond and other payments relate thereto, the County hereby authorizes and directs the Chairman of the Board of County Cam►i.ssioners to execute, and its Clerk to attest under the seal of the County, the Indenture and to deliver the Indenture to the Trustee and does hereby authorize and direct the execution, sealing and delivery of the Indenture. The Indenture specifies the terms, conditions, covenants, rights, obligations, duties and agreements to and for the benefit of the holder of the Bond, the County, the Corporation and the Trustee. All of the provisions of the Indenture when executed and delivered by the County as authorized herein and when duly authorized, executed and delivered by the Trustee shall be deemed to be a part of this Resolution as fully and to the same extent as if incorporated verbatim herein, and the Indenture shall be in substantially the form of the Indenture attached hereto with such changes, amendments, modifications, omissions and additions, including the date of such Indenture and the terms of the Bond which shall reflect the terms provided herein, as may be approved by said Chairman. Execution by the Chairman of the Indenture shall be deemed to be conclusive evidence of approval of such changes. - 4 -