Orange County NC Website
6 <br /> complete and otherwise prepare the preliminary official statement as an official <br /> statement in final form. The Board directs the Board's Chair to execute and deliver <br /> the final official statement in such form as such officer may approve upon <br /> recommendation from the Finance Officer. <br /> 4. Authorization to Finance Officer To Complete Closing - The Board <br /> authorizes and directs the Finance Officer to hold executed copies of the <br /> Documents, and any other documents authorized or permitted by this resolution, in <br /> escrow on the County's behalf until the conditions for the delivery of the <br /> Documents have been completed to such officer's satisfaction, and thereupon to <br /> release the executed copies of such documents for delivery to the appropriate <br /> persons or organizations. Without limiting the generality of the foregoing, the <br /> Board specifically authorizes the Finance Officer to approve changes to any <br /> documents (including the Documents and any closing certifications) previously <br /> signed by County officers or employees, provided that such changes shall not <br /> substantially alter the intent of such documents from that expressed in the forms of <br /> such documents as executed by such officers. Such officer's authorization of the <br /> release of any such document for delivery shall constitute conclusive evidence of <br /> ,such officer's approval of any such changes. <br /> 5. Authorization to School Board Attorney - The Board authorizes and <br /> approves actions taken and to be taken by the attorney for the Orange County <br /> School Board in connection with the conveyance of the site of the New School to <br /> the County and in obtaining a title insurance policy on that site for the County's <br /> benefit, and waives any conflict that may arise between such activities on the <br /> County's behalf and the attorney's representation of the School Board. <br /> 6. Miscellaneous Provisions -- All County officers and employees are <br /> authorized and directed to take all such further action as they may consider <br /> necessary or desirable in furtherance of the execution and delivery of the <br /> Documents in final form and the other purposes of this resolution. All such prior <br /> actions of County officers and employees are ratified, approved and confirmed. In <br /> the Chair's absence, the Vice Chair may assume any responsibility or carry out any <br /> function assigned to the Chair in this resolution. All other resolutions, or parts <br /> thereof, in conflict with this resolution are repealed, to the extent of the .conflict. <br /> This resolution shall take effect immediately. <br /> This the 21" day of November, 2000 <br />