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4 <br /> 2. Approval of Agreements; Direction To Execute Agreements -- The <br /> Board approves the forms of the Agreements submitted to this meeting. The Board <br /> authorizes the Board's Chair and the County Manager, or either of them, to execute <br /> and deliver the Agreements in their final forms. The Agreements in their respective <br /> final forms must be in substantially the forms presented, with such changes as the <br /> Chair or the County Manager may approve. The execution and delivery of any <br /> Agreement by an authorized County officer will be conclusive evidence of that <br /> officer's approval of any changes. <br /> The Agreements in final form, however, must be consistent with the financing <br /> plan described in this resolution and must provide (a) for the amount financed by <br /> the County not to exceed $13,700,000, (b) for an annual interest rate not to exceed <br /> 2.83% (in the absence of default, or a change in tax status), and (c) for a financing <br /> term not to extend beyond December 31, 2037. <br /> 3. Officers To Complete Closing - The Board authorizes the County <br /> Manager, the Finance Officer and all other County officers and employees to take all <br /> proper steps to complete the financing in cooperation with the Lender and in <br /> accordance with this resolution. <br /> The Board authorizes the Finance Officer to hold executed copies of all <br /> financing documents permitted by this resolution in escrow on the County's behalf <br /> until the conditions for their delivery have been completed to that officer's <br /> satisfaction, and then to release the executed copies of the documents for delivery to <br /> the appropriate persons or organizations. <br /> Without limiting the generality of the foregoing, the Board specifically <br /> authorizes the Finance Officer to approve changes to any documents previously <br /> signed by County officers or employees, provided that the changes do not conflict <br /> with this resolution or substantially alter the intent from that expressed in the form <br /> originally signed. The Finance Officer's authorization of the release of any document <br /> for delivery will constitute conclusive evidence of his approval of any changes. <br /> In addition, the Board authorizes the Finance Officer to take all appropriate <br /> steps for the efficient and convenient carrying out of the County's on-going <br /> responsibilities with respect to the financing of the Project. This authorization <br /> includes, without limitation, contracting with third parties for reports and <br /> calculations that may be required under this resolution or otherwise with respect to <br /> the Agreements. <br />