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C~Y <br />• Section 4. No deficiency judgment may be rendered against the County in any action for <br />breach of any contractual obligation authorized pursuant to the Agreement and the taxing power <br />of the County is not and may not be pledged directly or indirectly to secure any moneys due <br />under the Agreement herein authorized. <br />Section 5. The Chairman of the Board, the County Manager, the Finance Director, the <br />County Attorney, the Clerk to the Board, and any other officers, agents and employees of the <br />County, are hereby authorized and directed to execute and deliver such closing certificates, <br />opinions and other items of evidence as shall be deemed necessary to consummate the <br />transactions described above. <br />Section 6. This resolution shall take effect immediately upon its passage. <br />Upon motion of Commissioner , the foregoing resolution entitled <br />• "RESOLUTION AUTHORIZING THE EXECUTION AND DELIVERY OF A FINANCING <br />AGREEMENT AND DEED OF TRUST AND RELATED DOCUMENTS IN CONNECTION <br />WITH THE FINANCING OF PUBLIC SCHOOL IMPROVEMENTS FOR THE COUNTY OF <br />LEE, NORTH CAROLINA" was passed by the following vote: <br />N <br />I, Gaynell M. Lee, Clerk to the Board of Commissioners for the County of Lee, North <br />Carolina, DO HEREBY CERTIFY that the foregoing is a true copy of so much of the <br />proceedings of said Board for said County at a regular meeting held on May 3, 2010, as it relates <br />• <br />4 <br />