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The Board designates the Finance Officer as the County officer to be primarily <br />responsible for the County's compliance with its undertakings for continuing disclosure provided <br />for in this resolution. The Finance Officer will provide for the filings and reports (including the <br />reports of material events) constituting the continuing disclosure provided for in this resolution. <br />13. Resolutions as to Tax Matters -- The County will not take or omit to take any <br />action the taking or omission of which will cause the Bonds to be "arbitrage bonds," within the <br />meaning of Section 148 of the "Code" (as defined below), or "private activity bonds" within the <br />meaning of Code Section 141, or otherwise cause interest on the Bonds to be includable in gross <br />income for federal income tax purposes. Without limiting the generality of the foregoing, the <br />County will comply with any Code provision that may require the County at any time to pay to <br />the United States any part of the earnings derived from the investment of the proceeds of the <br />Bonds, and the County will pay any such required rebate from its general funds. For this <br />paragraph, "Code" means the United States Internal Revenue Code of 1986, as amended, <br />including applicable Treasury regulations. <br />14. Book -Entry ,System fog° Bond Registration -- The County will issue the <br />Bonds by means of a book -entry system, with one bond certificate for each maturity immobilized <br />at The Depository Trust Company, New York, New York ( "DTC "), and not available for <br />distribution to the public. The book -entry system for registration will operate as described in the <br />Official Statement. Therefore, so long as the book -entry system of registration with DTC is in <br />effect, (a) the County will make Bond payments only to DTC or its nominee as registered owner <br />of the Bonds, (b) the County will not be responsible or liable for any transfer of payments to <br />parties other than DTC or for maintaining, supervising or reviewing the records maintained by <br />DTC or any other person related to the Bonds, and (c) the County will not send redemption <br />notices (or any other notices related to the Bonds) to anyone other than DTC or its nominee. The <br />Board, by resolution, may elect to discontinue the County's book -entry system with DTC. The <br />Board authorizes the Finance Officer to enter into any agreements such officer deems <br />appropriate to put into place and carry out the book -entry system with DTC. <br />15. Finding as to Useful Life and Term of the Bonds — The Board finds and <br />determines that the average weighted maximum useful life of the projects to be financed with the <br />proceeds of the Bonds is at least twenty -five years, subject to ordinary maintenance for projects <br />of this type, and therefore the term of the Bonds will be within such maximum useful life. <br />16. Miscellaneous Provisions — The Board authorizes all County officers and <br />employees to take all such further action as they may consider desirable in carrying out the <br />purposes of this resolution. The Board ratifies all prior actions of County officers and employees <br />