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7 <br />in the County and (b) a recognized national financial journal, in each case at least <br />five days before the sale date for the Bonds, all in accordance with LGC guidelines. <br />11. LGC To Sell Bonds -The County asks the LGC to sell the <br />Bonds, to receive and evaluate bids and to award the Bonds to the successful <br />purchaser. <br />12. Completing Official Statement after Sale -- After bids have been <br />received and the LGC has awarded the Bonds to the successful purchaser, the <br />Finance Officer is authorized and directed to prepare, in collaboration with the <br />LGC, a supplement to the Official Statement containing, among such other matters <br />as may be appropriate, information required pursuant to Rule 15c2-12 ("Rule 15c2- <br />12") promulgated by the United States Securities and Exchange Commission under <br />the United States Securities Act of 1934, as amended. The County, together with the <br />LGC, will arrange for the delivery within seven business days of the date the Bonds <br />are sold of a reasonable number of copies of the supplemented Official Statement to <br />the successful bidder on the Bonds for delivery to each potential investor requesting <br />a copy of the supplemented Official Statement and to each person to whom such <br />bidder and members of the bidding group initially sell the Bonds. <br />13. Finance Officer To Complete Bond Closing -After the sale of <br />the Bonds, the Finance Officer and all other County officers and employees are <br />authorized and directed to take all proper steps to have the Bonds prepared and <br />executed in accordance with their terms and to deliver the Bonds to the purchaser <br />upon payment for the Bonds. <br />The Finance Officer is authorized and directed to hold the executed Bonds, <br />and any other documents authorized or permitted by this resolution, in escrow on the <br />County's behalf until the conditions for the delivery of the Bonds and other <br />documents have been completed to the Finance Officer's satisfaction, and thereupon <br />to release the executed Bonds and other documents for delivery to the appropriate <br />persons or organizations. <br />Without limiting the generality of the foregoing, this authorization and <br />direction is specifically extended to authorize the Finance Officer (a) to enter into <br />such agreements or take such other actions as such officer may deem appropriate in <br />