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interpretations of the Rule, as well as any change in circumstances, and until the County <br />shall have received either (a) a written opinion of bond or other qualified independent <br />special counsel selected by the County that the amendment or waiver would not materially <br />impair the interests of holders or beneficial owners of the Series 2024 Bonds, or (b) the <br />written consent to the amendment or waiver of the holders of at least a majority of the <br />principal amount of the Series 2024 Bonds then outstanding. Annual Information <br />containing any amended operating data or financial information shall explain, in narrative <br />form, the reasons for any such amendment and the impact of the change on the type of <br />operating data or financial information being provided. Additionally, in the year in which <br />any change in accounting principles is made, the County shall present a comparison (in <br />narrative form and also, if feasible, in quantitative form) between the financial statements <br />as prepared on the basis of the new accounting principles and those prepared on the basis <br />of the former accounting principles. <br />SECTION 10. OBLIGATED PERSONS. If any person other than the <br />County becomes an Obligated Person (as defined in the Rule) relating to the Series 2024 <br />Bonds, the County shall use its best efforts to require such Obligated Person to comply <br />with all provisions of the Rule applicable to such Obligated Person. <br />Dated: [ 1, 2024 <br />ATTESTED AND COUNTERSIGNED: <br />By: <br />Clerk of the Clerk of the Circuit Court <br />and Ex -Officio Clerk of the Board of <br />County Commissioners of Indian River <br />County, Florida <br />Cel <br />Chairman, Board of County Commissioners <br />176 <br />