Orange County NC Website
• (d) A request and authorization, signed by any Company officer and by a <br />County Representative, to the Trustee to authenticate and deliver the 2010 Bonds to <br />such person or persons named therein upon payment to the Trustee with respect to the <br />2010 Bonds of a specified sum. <br />(e) A certificate signed by a County Representative directing the Trustee as to <br />the application of proceeds from the sale of 2010 Bonds. <br />(f) An Opinion of Special Counsel to the effect that the issuance of the 2010 <br />Bonds has been duly authorized. <br />Section 1.05. Additional Bonds. So long as the Financing Contract <br />remains in effect, the Company may provide for Additional Bonds to be executed and <br />delivered under this Trust Agreement to provide funds (a) to expand or improve the <br />Facilities, (b) to refund any Outstanding Bonds, (c) to pay financing costs or establish <br />reserves in connection with the issuance of Additional Bonds, (d) for any other purpose <br />that may be allowed by law from time to time, including the acquisition and construction <br />of additional public facilities, whether or not such facilities are related to the Facilities, or <br />(e) for any combination of such purposes. <br />The Trustee will authenticate and deliver the Additional Bonds when there have <br />• been filed with or delivered to it the following: <br />(i) Certified copies of resolutions of the County Board and the Company's <br />governing board approving the terms and conditions under which the Additional <br />Bonds are to be issued and authorizing the execution of an amendment to the <br />Financing Contract providing for payment of Contract Payments as required by the <br />issuance of the Additional Bonds. <br />(ii) An executed copy of the Financing Contract, as so amended, together with <br />evidence satisfactory to the Trustee that the LGC has approved such amendment (if <br />such approval is then required by law). <br />(iii) An executed copy of an amendment or supplement to this Trust Agreement <br />providing for the issuance of the Additional Bonds, which will set forth the payment <br />and prepayment terms of such Additional Bonds, together with such other terms as <br />may be appropriate. <br />(iv) An executed copy of an appropriate amendment or supplement to the Deed <br />of Trust, extending the benefit of the security provided to the Company (or its <br />assignee) to secure the County's performance of its obligations under the Financing <br />• Contract, Trust Agreement and Deed of Trust as so amended or supplemented. <br />(v) An Opinion of Special Counsel to the effect that the issuance of such <br />Additional Bonds is permitted under the terms of this Trust Agreement and has been <br />duly authorized, and that the issuance of such Additional Bonds will not adversely <br />4 <br />