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SECTION 6. APPROVAL OF FORMS. The Notice of Bond Sale and Summary Notice of Sale of the Bonds to be submitted for purchase of the Series 2001 Bonds shall be in substantially the forms annexed hereto, as Exhibits A and B, respectively, together with such changes as shall be deemed necessary or desirable by the County Administrator or his designee, depending on the bidding method selected in accordance with Section 4 hereof, incorporated herein by reference. The form of the Official Bid Form shall be provided by the internet auction website selected by the County Administrator, and shall be reasonably satisfactory to the County Administrator. SECTION 7. BOOK ENTRY ONLY BONDS. It is in the best interest of the County and the residents and inhabitants thereof that the Series 2001 Bonds be issued utilizing a pure book -entry system of registration. In furtherance thereof, the County has previously executed and delivered a Blanket Letter of Representations with the Depository Trust Company. For so long as the Series 2001 Bonds remain in such book entry only system of registration, in the event of a conflict between the provisions of the Original Resolution and of the Blanket Letter of Representations, the terms and provisions of the Blanket Letter of Representations shall prevail. SECTION S. PAYMENT OF INTEREST. Payment of the interest on the Series 2001 Bonds shall be made by the Paying Agent on each interest payment date to the person appearing on the registration books of the Registrar as of the date fifteen (15) days prior to each interest payment date, as the registered Owner thereof, by check or draft mailed to such registered Owner at his address as it appears on such registration books; provided, however, that for any Owner of $1,000,000 or more in principal amount of Series 2001 Bonds, interest payments will, at the written request and at the expense of such Owner, be made by wire transfer or other medium acceptable to the Issuer and to the Owner. SECTION 9. PRELIMINARY OFFICIAL STATEMENT. The County Administrator is authorized and directed to cause a Preliminary Official Statement to be prepared in substantially the form attached hereto as Exhibit C. with such changes, insertions and omissions as shall be approved by the County Administrator containing a copy of the attached Notice of Bond Sale and to furnish a copy of such Preliminary Official Statement to interested bidders. The County Administrator is authorized to deem final the Preliminary Official Statement prepared pursuant to this Section for purposes of Rule 15c2-12 (the "Rule") of the Securities and Exchange Commission. Upon the award of the Series 2001 Bonds to the successful bidder, the County shall also make available a reasonable number of copies of the Official Statement to such bidder, who may mail such Official Statements to prospective purchasers at the bidder's expense. SECTION 10. CONTINUING DISCLOSURE. The County hereby covenants and agrees that, in order to provide for compliance by the County with the secondary market disclosure requirements of the Rule, that it will comply with and carry out all of the provisions of that certain Continuing Disclosure Certificate in substantially the form attached hereto as Exhibit D. to be executed by the County and dated the date of issuance and delivery of the Series 2001 Bonds, as it may be amended from time to time in accordance with the terms thereof (the "Continuing Disclosure Certificate"). Notwithstanding any other provision of this Resolution, failure of the County to comply with such Continuing Disclosure Certificate shall not be considered an event of default, however, any Bondholder may take such actions as may be necessary and appropriate, including seeking mandate or specific performance by court order, to cause the County to comply with its obligations under this Section. SECTION 11. REGISTRAR AND PAYING AGENT. First Union National Bank, Jacksonville, Florida, is hereby appointed as Registrar and Paying Agent for the Series 2001 Bonds. SECTION 12. MUNICIPAL BOND INSURANCE. The County Administrator or his designee, is hereby authorized to select a bond insurer to provide insurance to insure the scheduled payment of principal and interest on the Series 2001 Bonds on behalf of the Issuer or, in the alternative, allow each bidder to select whether the Series 2001 Bonds are to be insured by such bond insurer. OCTOBER 23, 2001 -78- ,firs r s U1 ! 2 C O 1 1 11