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0 <br />(whether or not a business day) of the month preceding each payment date. <br />(c) The Bonds will contain appropriate restrictions on the transfer of the Bonds <br />as may be provided for in the Forward Bond Purchase Agreement and the Bonds. <br />8. County Officers To Complete Closing - The Board directs the Finance <br />Officer and all other County officers and employees to take all proper steps to have the <br />Bonds prepared and executed in accordance with their terms and to deliver the Bonds to <br />the purchaser upon payment for the Bonds. <br />The Board authorizes the Finance Officer to hold the executed Bonds, and any <br />other documents authorized or permitted by this resolution, in escrow on the County's <br />behalf until the conditions for the delivery of the Bonds and other documents have been <br />completed to the Finance Officer's satisfaction, and thereupon to release the executed <br />Bonds and other documents for delivery to the appropriate persons or organizations. <br />Without limiting the generality of the foregoing, the Board specifically authorizes <br />the Finance Officer (a) to enter into such agreements or take such other actions as that <br />officer may deem appropriate to provide for the refunding contemplated by this <br />resolution (such as giving notice of redemption to the existing bondholders and providing <br />for the custody of Bond proceeds pending their application to payment of the Prior <br />Bonds), and (b) to approve changes to any documents, agreements or closing <br />certifications previously signed by County officers or employees, subject to the <br />provisions of this resolution and provided that any such changes do not substantially alter <br />the intent from that expressed in the forms originally signed. The Finance Officer's <br />authorization of the release of any document for delivery will constitute conclusive <br />evidence of such officer's approval of any changes. <br />In addition, the Finance Officer is authorized to take all appropriate steps for the <br />efficient and convenient carrying out of the County's on -going responsibilities with <br />respect to the Bonds. This authorization includes, without limitation, contracting with <br />third parties for reports and calculations that may be required under the Bonds, this <br />resolution or otherwise with respect to the Bonds. <br />9. Covenants as to Tax Matters - The County will not take or omit to take any <br />action the taking or omission of which will cause any portion of the Bonds to be <br />"arbitrage bonds," within the meaning of Section 148 of the "Code" (as defined below), <br />or a "private activity bonds" within the meaning of Code Section 141, or otherwise cause <br />interest on the Bonds to be includable in gross income for federal income tax purposes. <br />Without limiting the generality of the foregoing, the County will comply with any Code <br />provision that may require the County at any time to pay to the United States any part of <br />the earnings derived from the investment of the proceeds of the Bonds, and the County <br />will pay any such required rebate from its general funds. For the purposes of this <br />resolution, "Code" means the United States Internal Revenue Code of 1986, as amended, <br />3 <br />