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�s Boor, `. 0i PAGE 2c1.4 such citrus material into animal feed and facilities directly related or ancillary thereto to be located in the County (here- inafter referred to as the "Project"); and (C) The Company has requested the County to exercise its powers to issue revenue bonds pursuant to the Act, for the purpose of financing the Project; and (D) In order to promote the economic growth of the County and the industrial economy of the State of Florida, to maintain and increase purchasing power and opportunities for gainful employment and to advance and improve the economic prosperity and the general welfare of the State and its people, it is desirable that: (1) The County provide for the issuance and sale of its Industrial Development Revenue Bonds, Series 1997 (Ocean Spray Cranberries, Inc. Project), in the aggregate amount of not to exceed $10,000,000 to be issued in one or more series at one or more times (the "Bonds"); (2) That the County use the proceeds thereof, to the extent of such proceeds, as follows: (i) to pay all or any part of the cost of issuance of the Bonds, to pay all or any part of the cost of the acquiring, rehabilitating and expanding the Project, (iii) to pay all or any part of the cost of the acquisition and construction of certain appurtenances and facilities incidental to the Project, and other improve- ments necessary and convenient therefor, and (iv) to pay any other "cost" (as defined in the Act) of the Project; and (3) That the County finance the Project for the Com- pany from proceeds of the sale of its Bonds, such loan to be payable by the Company in installments sufficient to pay the W, April 22, 1997 M M M