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6 <br /> interest. The County will secure its repayment obligation by granting a mortgage-like <br /> interest in some or all of the facilities listed on Exhibit C. <br /> 2. Approval of Documents;Direction To Execute Documents--The Board <br /> approves the forms of the Documents submitted to this meeting. The Board <br /> authorizes the Board Chair and the County Manager, or either of them,to execute and <br /> deliver the Documents when in final form. The Documents in their respective final <br /> forms must be in substantially the forms presented, with changes as the Chair or the <br /> County Manager may approve. The execution and delivery of any Document by an <br /> authorized County officer will be conclusive evidence of that officer's approval of any <br /> changes. <br /> The Documents 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 the <br /> County not to exceed $78,000,000, (b) for a true interest cost of the financing not to <br /> exceed 6.00%, and (c) for a financing term not to extend beyond November 1, 204S. <br /> The amount financed under the Documents may include amounts to pay financing <br /> expenses and other necessary and incidental costs. <br /> 3. Sale of Bonds;Approval of Official Statement-The Board appoints (a) <br /> Robert W. Baird & Co. Incorporated, as senior manager, and (b) both Samuel A. <br /> Ramirez & Co., Inc., and Siebert Williams Shank & Co., LLC, as co-managers, to <br /> underwrite a public offering of the proposed limited 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 will <br /> offer the bonds for sale. The preliminary official statement as distributed to <br /> prospective investors must be in substantially the form presented,with such changes <br /> as the Finance Officer may approve. The Board directs the Finance Officer, after the <br /> sale of the Bonds, to complete and otherwise prepare the preliminary official <br /> statement as an official statement in final form. <br /> The Board authorizes the use of the preliminary official statement and the final <br /> official statement (collectively, the "Official Statement") by the underwriters in <br /> connection with the sale of the bonds. <br /> The Board acknowledges that it is the County's responsibility, and ultimately <br /> 2 <br />