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0 0 <br /> negotiated sale to qualified purchasers in accordance with Section 47 -8, Hawaii Revised Statutes, as <br /> amended, in each case at such price or prices and upon such terms and conditions as he shall approve <br /> and determine to be in the best interest of the County. Without limiting the generality of the <br /> foregoing, with respect to the sale of the Bonds or of portions of the Bonds, the Director of Finance <br /> is hereby authorized to retain bond counsel, paying agents, registrars and financial and accounting <br /> consultants, upon such terms and conditions as he shall deem advisable and in the best interest of the <br /> County, to select the date for such sale, to publish and distribute a Notice of Sale or to enter into a <br /> contract for the sale of the Bonds or portions thereof, in each case in such form and containing such <br /> terms and conditions as he shall approve and deem advisable, to distribute an Official Statement and <br /> such other information relating to the Bonds as he may deem advisable, to receive bids for the sale of <br /> the bonds or the portion thereof being offered and to award the sale of the Bonds or the portion <br /> thereof being offered to the bidder offering the lowest interest cost therefor, in accordance with the <br /> applicable Notice of Sale, if any; provided that the Director of Finance may reserve the right to reject <br /> any and all bids. Subject to the provisions of Section 3 hereof, without further action of this Council, <br /> the Bonds shall bear interest at the rates per annum as specified in the contract or contracts approved <br /> or in the bid or bids accepted. The Director of Finance and all officials of the County are hereby <br /> authorized to take such action and execute such orders, receipts and other documents as may be <br /> necessary in order to effectuate the sale of the Bonds or any portion thereof, and, if any contract <br /> therefor be approved or any bid therefor be accepted, the preparation execution, and delivery thereof, <br /> in accordance with the provisions hereof and applicable law. <br /> SECTION 8. Authorization of Bond Anticipation Notes. General obligation bond <br /> anticipation notes (the "Notes ") are hereby authorized for issuance and sale by the Director of <br /> 13 <br />