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3 <br />The Board acknowledges that it is the County's responsibility, and ultimately the <br />Board's responsibility, to ensure that the Official Statement in its final form neither <br />contains an untrue statement of a material fact nor omits to state a material fact required <br />to be included therein for the purpose for which such Official Statement is to be used or <br />necessary to make the statements therein, in light of the circumstances under which they <br />were made, not misleading. By the adoption of this resolution, the Board members <br />approve the Official Statement as materially correct and complete, and further <br />acknowledge and accept their own responsibility for causing the County to fulfill these <br />responsibilities for the Official Statement. <br />S. Prepayment Provisions- -- The Bonds will be subject to prepayment and <br />redemption prior to maturity, or not, upon such terms and conditions as the Finance <br />Officer, upon advice from the LGC, may determine. The Finance Officer shall execute a <br />certificate prior to the initial delivery of the Bonds designating redemption terms and <br />conditions, and this certificate will be conclusive evidence of the Finance Officer's <br />approval and determination of such terms and conditions. <br />6. Form of Bonds; Payment .Details -- The Bonds will be designated <br />"General Obligation Refunding Bonds, Series 2010," and will be in substantially the form <br />set out in Exhibit A. The Bonds will be dated the date of their initial issuance, will be in <br />fully registered form, in denominations of $5,000 and integral multiples thereof, and will <br />be numbered R-1 upward. <br />The Bonds must be signed by the manual or facsimile signature of the Chair of <br />this Board or the County Manager, must be countersigned by the manual or facsimile <br />signature of the Clerk to this Board or any Assistant Clerk, and the County's seal must be <br />affixed thereto or a facsimile thereof printed thereon. No Bond will be valid unless at <br />least one of the signatures appearing on such Bond (which may be the signature of the <br />LGC's representative required by law} is manually applied or until such Bond has been <br />authenticated by the manual signature of an authorized officer or employee of a bond <br />registrar selected by the County. <br />Interest on each Bond will be payable semiannually (a) from its date, if it is <br />authenticated prior to the first interest payment date, or (b) otherwise from the interest <br />payment date that is, or immediately precedes, the date on which it is authenticated <br />(unless payment of interest thereon is in default, in which case such Bonds will bear <br />interest from the date to which interest has been paid). Principal and interest will be <br />payable in lawful money of the United States of America. <br />The Finance Officer will execute a certificate prior to the initial delivery of the <br />Bonds designating the final aggregate principal amount of the Bonds (up to the maximum <br />authorized amount of $27,000,000) and the principal and interest payment schedule for <br />2 <br />