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4 <br /> County's Link Center and the District Attorney's office building; (b) the County's <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 $16,950,000, an annual true interest cost <br /> of the financing not to exceed 4.00% and a financing term not to extend beyond <br /> December 31, 2039. 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 /> FTN Financial Capital Markets, as senior manager, and Robert W. Baird & Co. <br /> Incorporated, as co-manager, 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 underwriters <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 underwriters in <br /> connection with the sale of the bonds. <br />