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1 <br /> Special Tax levied on properties within the District and certain funds and accounts <br /> established under the Indenture, and that the full faith and credit of the County shall not be <br /> pledged for payment of the principal or redemption price of or interest on such Bonds. <br /> BE IT FURTHER RESOLVED that(i)the forms of the Indenture, the Preliminary <br /> Limited Offering Memorandum, the Bond Purchase Agreement and the Disclosure <br /> Agreements, as presented at this meeting, are hereby approved and(ii) the Director of <br /> Finance is hereby authorized to execute and deliver the Indenture, the Bond Purchase <br /> Agreement and the County's Disclosure Agreement, to approve the final form and execution <br /> of the Petitioner's Disclosure Agreement and to deem final and authorize the dissemination <br /> of the Preliminary Limited Offering Memorandum, all in substantially the forms presented at <br /> this meeting, with such modifications as the Director of Finance may approve, such approval <br /> to be conclusively evidenced by such County official's execution of the Indenture. <br /> BE IT FURTHER RESOLVED that the maximum aggregate principal amount of <br /> Series 2022 Bonds specified above is hereby authorized in reliance on confirmation received <br /> by the County from its designated appraiser, Integra Realty Associates (the "Appraiser"), that <br /> the appraised value of the land subject to the Special Tax is not less than $43,280,000, which <br /> is not less than three times the maximum aggregate principal amount of Series 2022 Bonds <br /> so authorized, as required under Section 32-57(c). At the County's direction, the Appraiser <br /> is currently preparing an appraisal report with respect to such appraisal in connection with <br /> the issuance and sale of the Series 2022 Bonds. The issuance and sale of the Series 2022 <br /> Bonds, in an amount not to exceed $14,425,000, shall be subject to delivery of the appraisal <br /> report, in form and substance satisfactory to the Director of Finance, which report is hereby <br /> directed to be appended to the Preliminary Limited Offering Memorandum to be <br /> disseminated to potential investors. <br /> BE IT FURTHER RESOLVED that the Director of Finance and other appropriate <br /> officials of the County are hereby authorized to take or to direct or authorize the taking of <br /> such other actions as may be necessary or appropriate in connection with the issuance and <br /> sale of the Series 2022 Bonds and the performance of the County's covenants and <br /> responsibilities with respect to the Series 2022 Bonds and the District, including without <br /> limitation the performance of administrative services contemplated by the Ordinance of <br /> Formation, the Bond Ordinance, this Resolution and the Indenture and the retention of staff <br /> or consultants to perform such services, all in accordance with the Ordinance of Formation, <br /> the Bond Ordinance, this Resolution and the Indenture. <br /> 3 <br />