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5 <br />(d) As confirmed to the Board at this meeting by the County's <br />Finance Officer, (i) the County's dept management procedures and policies are <br />sound and in compliance with law, and (ii) the County is not in default tinder any <br />of its debt service obligations. <br />(e) The County Attorney is of the opinion that the proposed <br />projects are authorized by law and are purposes for which public ftimds of the <br />County maybe expended pursuant to the Constitution and laws of North Carolina, <br />4. The Board approves the selection of Banc of America Securities LLP <br />and Siebert Bradford Shank to provide inveshnent banking and under°wr°iting <br />services to the County in cormection with this transaction. <br />S. All County officers and employees are authorized and directed to take <br />all such ftu•thei° action as they nay consider necessary or desirable in connection <br />with the furtherance of the purposes of this resolution. All such prior actions of <br />County officers and employees are ratified, appr°oved and confiniied. All other <br />resolutions, or• parts ther°eof, irr conflict with this resolution are repealed, to the <br />extent of the conflict. This resolution takes effect inuizediately. <br />~.~~~s~i <br />