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The Series 2025 Bonds are being issued pursuant to the Constitution and laws of the State of Florida, particularly Section 125.01 et seg., Florida Statutes, and other applicable provisions of law (collectively, the "Act"), and Resolution No. [RESO NO.], duly adopted by the Board of County Commissioners on [October 7], 2025 (the "Resolution") for the purposes of (i) financing and reimbursing costs of the acquisition, renovation and construction and equipping of improvements to the County's golf course facilities, including appurtenances thereto, together with such other capital projects as shall be approved by the Board, and (ii) paying certain costs of issuance of the Series 2025 Bonds. The Series 2025 Bonds are subject to optional redemption and mandatory redemption prior to maturity as provided herein. See "DESCRIPTION OF THE SERIES 2025 BONDS - Redemption Provisions" herein. The Series 2025 Bonds are payable from the Non -Ad Valorem Revenues budgeted and appropriated for purposes of payment of the debt service on the Series 2025 Bonds in the manner and to the extent provided in the Resolution. "Non -Ad Valorem Revenues" means all revenues other than revenues generated from ad valorem taxation on real or personal property, and which are legally available to make the payments required under the terms of the Resolution. The County has covenanted and agreed in the Resolution to appropriate in its annual budget, by amendment, if necessary, from Non -Ad Valorem Revenues, amounts sufficient to pay the principal of and interest on the Series 2025 Bonds when due in the manner and to the extent provided in the Resolution. THE SERIES 2025 BONDS SHALL NOT BE OR CONSTITUTE GENERAL OBLIGATIONS OR INDEBTEDNESS OF THE COUNTY, THE STATE OF FLORIDA (THE "STATE") OR ANY POLITICAL SUBDIVISION THEREOF AS "BONDS" WITHIN THE MEANING OF ANY CONSTITUTIONAL OR STATUTORY PROVISION, BUT SHALL BE SPECIAL OBLIGATIONS OF THE COUNTY, PAYABLE SOLELY FROM AMOUNTS BUDGETED AND APPROPRIATED BY THE COUNTY FROM NON -AD VALOREM REVENUES IN ACCORDANCE WITH THE RESOLUTION. NO HOLDER OF ANY SERIES 2025 BOND SHALL EVER HAVE THE RIGHT TO COMPEL THE EXERCISE OF ANY AD VALOREM TAXING POWER TO PAY SUCH SERIES 2025 BOND, OR BE ENTITLED TO PAYMENT OF SUCH SERIES 2025 BOND FROM ANY MONEYS OF THE COUNTY, THE STATE OR ANY POLITICAL SUBDIVISION THEREOF, EXCEPT FROM THE NON -AD VALOREM REVENUES, IN THE MANNER AND TO THE EXTENT PROVIDED IN THE RESOLUTION. Electronic bids only for the Series 2025 Bonds pursuant to the provisions of the Official Notice of Sale will be received by the County pursuant to the PARITY® electronic bid submission system in the manner and at the time and oil the date described in such Official Notice of Sale.