RES-2012-101 Resolution for the Sale of Up to $20,000,000 of County General Obligation Refunding Bonds

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of the previously-approved Official Statement, with the Finance Officer's approval, and may proceed pursuant to such advertisement for sale as the Finance Officer may approve. 10. Completing Official Statement after Sale — After bids have been received and the LGC has awarded the Bonds to the successful bidder, the Finance Officer is directed to prepare, in collaboration with the LGC, a final Official Statement within the meaning of Rule 15c2-12. The Finance Officer is authorized to approve the final form of the document as such a final official statement. The County, together with the LGC, will arrange for the delivery within seven business days of the date the Bonds are sold of a reasonable number of copies of the final Official Statement to the successful bidder on the Bonds for delivery to each potential investor requesting a copy of the final Official Statement and to each entity to which such bidder and members of the bidding group initially sell the Bonds. 11. County Officers To Complete Closing - After the sale of the Bonds, the Finance Officer and all other County officers and employees are authorized to take all proper steps to have the Bonds prepared and executed in accordance with their terms and to deliver the Bonds to the purchaser upon payment for the Bonds, and to take all other proper steps to complete the issuance of the Bonds. The Finance Officer is authorized to hold the executed Bonds, and any other documents authorized or permitted by this resolution, in escrow on the County's behalf until the conditions for the delivery of the Bonds and other documents have been completed to the Finance Officer's satisfaction, and then to release the executed Bonds and other documents for delivery to the appropriate persons or organizations. Without limiting the generality of the foregoing, this authorization is specifically extended to authorize the Finance Officer (a) to approve and enter into agreements to carry out the refunding contemplated by this resolution, including agreements for the custody of Bond proceeds and agreements for appropriate professional services, and (b) to approve changes to any documents previously signed by County officers or employees, provided that the Bonds must be in substantially the form approved by this resolution and that any such changes must not substantially alter the intent of such documents from that expressed in the forms originally executed. The Finance Officer's authorization of the release of any document for delivery will constitute conclusive evidence of such officer's approval of any such changes. In addition, the Finance Officer is authorized to take all appropriate steps for the efficient and convenient carrying out of the County's on-going responsibilities with respect to the Bonds. This authorization includes, without limitation, contracting with third parties for reports and calculations that may be required under the Bonds, this resolution or otherwise with respect to the Bonds. 4