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in order to execute the plan for the construction and equipping of <br /> the Project and the financing thereof as described above. <br /> Section 3. The terms and provisions of the Installment <br /> Purchase Contract and the Deed of Trust are hereby approved in all <br /> respects. Such approval supersedes the approval of such documents <br /> pursuant to a resolution of the Board of Commissioners passed on <br /> November 14, 1995 . The Chairman of the Board of Commissioners, the <br /> County Manager of the County, the Finance Director of the County <br /> and the Clerk to the Board of Commissioners are hereby authorized <br /> and directed to execute and deliver the Installment Purchase <br /> Contract and the Deed of Trust, as may be applicable, in <br /> substantially the forms presented to the County, together with such <br /> additions, changes, modifications and deletions as they, with the <br /> advice of counsel, may deem necessary and appropriate, and such <br /> execution and delivery shall be conclusive evidence of the approval <br /> and authorization thereof by the Board of Commissioners and the <br /> County; provided, however, that the County Manager or the Finance <br /> Director of the County or his respective designee shall determine <br /> that, under the Installment Purchase Contract, the final <br /> Installment Payment is due not later than July 18, 2006, the <br /> maximum stated interest rate with respect to any interest component <br /> of the Installment Payments does not exceed 4 .35% per annum and the <br /> aggregate amount of the principal components of the Installment <br /> Payments does not exceed $2,000,000. <br /> Section 4. The Board of Commissioners hereby approves, <br /> ratifies and confirms the actions of the Assistant County Manager, <br />