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Hawaii Revised Statutes, as amended, in each case at such price or prices and upon such terms <br />and conditions as he shall approve and determine to be in he best interest of the County. Without <br />limiting the generality of the foregoing, with respect to the sale of the Bonds or of portions of the <br />Bonds, the Director of Finance is hereby authorized to retain bond counsel, paying agents, <br />registrars and financial and accounting consultants, upon such terms and conditions as he shall <br />deem advisable and in the best interest of the County, to select the date for such sale, to publish <br />and distribute a Notice of Sale or to enter into a contract for the sale of the Bonds or portions <br />thereof, in each case in such form and containing such terms and conditions as he shall approve <br />and deem advisable, to distribute an Official Statement and such other information relating to the <br />Bonds as he may deem advisable, to receive bids for the sale of the bonds or the portion thereof <br />being offered and to award the sale of the Bonds or the portion thereof being offered to the bidder <br />offering the lowest interest cost therefor, in accordance with the applicable Notice of Sale, if any; <br />provided that the Director of Finance may reserve the right to reject any and all bids. Subject to <br />the provisions of Section 3 hereof, without further action of this Council, the Bonds shall bear <br />interest at the rates per annum as specified in the contract or contracts approved or in the bid or <br />bids accepted. The Director of Finance and all officials of the County are hereby authorized to <br />take such action and execute such orders, receipts and other documents as may be necessary in <br />order to effectuate the sale of the Bonds or any portion thereof, and, if any contract therefor be <br />approved or any bid therefor be accepted, the preparation execution, and delivery thereof, in <br />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 />,91919.1 0141] 03D <br />