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WHEREAS, the Authority and ACTS have determined that the provision of funds by the <br />Authority to ACTS will assist in the maintenance of the public health of the residents of the County <br />and shall serve a public purpose by improving the health and living conditions and providing <br />adequate medical care and health care facilities therein and will promote the most efficient and <br />economical maintenance of health care facilities in a manner and pursuant to forms of <br />governmental organization that will accord best with the geographic, economic, and population <br />characteristics which influence the health care needs of Palm Beach County of the State of Florida <br />("Palm Beach County") and the County and the inhabitants thereof, and <br />WHEREAS, the Authority finds that ACTS will be financially responsible and fully <br />capable and willing to fulfil its obligations including the obligation to make the debt service <br />payments in the amounts and at the times required and the obligation to repair and maintain the <br />health care facilities to be financed by the proceeds of the Bonds at its own expense; and <br />WHEREAS, title to the health care facilities to be financed by the proceeds of the Bonds <br />shall be in ACTS, and neither the Authority, the County nor the State of Florida or any political <br />subdivision thereof shall in any way be obligated to pay the principal, premium, if any, or interest <br />on the Bonds to be issued to finance the said project as the same shall become due, and the issuance <br />of such Bonds shall not directly, indirectly, or contingently obligate the Authority, the County, the <br />State of Florida, or any political subdivision thereof to levy or pledge any form of taxation <br />whatsoever therefore or to make any appropriation from ad valorem taxation revenues or other <br />revenues for their payment. <br />NOW, THEREFORE, THIS SEVENTH AMENDMENT TO THE INTERLOCAL <br />AGREEMENT, BETWEEN THE AUTHORITY AND THE COUNTY, WITNESSETH AS <br />FOLLOWS: <br />SECTION ONE. At all times prior to and during the term of this agreement the Authority <br />and County constitute "public agencies" as that term is defined in Section 163.01(3)(b), Florida <br />Statutes, as amended, and both the Authority and the County have in common the power and <br />authority to issue revenue bonds in order to provide financing for the acquisition, operation and <br />maintenance of health care facilities, such power and authority as each might exercise separately. <br />SECTION TWO. The Authority and County are entering into this Amendment in order <br />to more effectively perform their service function related to the provision of adequate health care <br />facilities and services pursuant to the powers granted under Section 163.01, Florida Statutes, as <br />amended, and to permit the Authority to operate within the jurisdiction of the County for the <br />purpose of financing the two health care facilities owned by ACTS within the County. <br />SECTION THREE. This Amendment shall in no way be interpreted to authorize the <br />delegation of the constitutional or statutory duties of the Authority, the County, the State of Florida, <br />or any officers of any political subdivision thereof. <br />SECTION FOUR. This Amendment and the Bonds shall not be deemed to constitute a <br />debt, liability or obligation of or pledge of the faith and credit of the County, Palm Beach County, <br />the Authority, the State of Florida, or any political subdivision thereof. The issuance of the Bonds <br />shall not directly, indirectly, or contingently obligate the Authority, the County, Palm Beach <br />