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principal of, premium (if any), and interest and other costs due on the Bonds when and as the same may become due; and (E) The Project shall make a significant contribution to the economic growth of the County, shall maintain gainful employment and shall serve a public purpose by advancing the economic pros- perity and the general welfare of the State of Florida and its people; and (F) The County is able to cope satisfactorily with the im- pact of the Project and is able to provide, or cause to be pro- vided when needed, the public facilities, including utilities and public services, that will be necessary for the construction, operation, repair and maintenance for the Project and on account of --any increase in population or other circumstances resulting therefrom; and (G) In view of rising construction costs, rising interest rates and other factors, it is believed essential that the acquisition and construction of the Project commence at the earliest practical date, and the Company is unwilling to make commitments therefor without satisfactory assurances from the County that, upon satisfaction of all requirements of law, and other conditions to be met by the Company, the Bonds will be issued and sold and the proceeds thereof will be made available to finance the cost of the Project, to the extent of such proceeds; and (H) It is necessary and desirable and in the best interest of the County that the County and the Company enter into a Memorandum of Agreement (the "Memorandum of Agreement"), providing among other things for the issuance and sale by the County of the Bonds; for the use and application of the proceeds of the issuance and sale of the Bonds to pay all or any part of the "cost" (as defined in the Act) of the Project, to the extent of such proceeds; and for the loan of the proceeds of the sale of the Bonds by the County to the Company pursuant to a financing agreement requiring the Company to 57 April 22, 1997 BOOK I ® FACE Uv