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3 <br />Emergency Operations Center on Meadowlands Drive in Hillsborough, (c) the <br />County's Visitors Center on Franklin St. in Chapel Hill, and (d) the proposed site of <br />the new Northern County Campus. <br />2. Approval of Documents; Direction To Execute Documents -- The <br />Board approves the forms of the Documents submitted to this meeting. The Board <br />authorizes the Chair and the County Manager, or either of them, to execute and <br />deliver those Documents to which the County is a party. The Documents in their <br />respective final forms must be in substantially the forms presented, with changes as <br />the Chair or the County Manager may approve. The execution and delivery of any <br />Document by an authorized County officer will be conclusive evidence of that <br />officer's approval of any changes. <br />The Documents in final form, however, must provide for the principal amount <br />of limited obligation bonds to not exceed $8,800,000, an annual true interest cost of <br />the financing not to exceed 4.50% and a financing term not to extend beyond <br />December 31, 2038. The amount financed under the Documents may include <br />amounts to pay financing expenses and other necessary and incidental costs. <br />3. Sale of Bonds; Approval of Official Statement - The Board appoints <br />Robert W. Baird & Co. to underwrite a public offering of the proposed limited <br />obligation bonds. <br />The Board approves the draft official statement submitted to this meeting as <br />the form of the preliminary official statement pursuant to which the underwriter <br />will offer the bonds for sale. The preliminary official statement as distributed to <br />prospective investors must be in substantially the form presented, with such <br />changes as the Finance Officer may approve. The Board directs the Finance Officer, <br />after the sale of the bonds, to complete and otherwise prepare the preliminary <br />official statement as an official statement in final form. <br />The Board authorizes the use of the preliminary official statement and the <br />final official statement (collectively, the "Official Statement ") by the underwriter in <br />connection with the sale of the bonds. <br />The Board acknowledges that it is the County's responsibility, and ultimately <br />the Board's responsibility, to ensure that the Official Statement in its final form <br />