FINANCE RESOLUTION - Resolution Providing for the Sale and Issuance of 23 million General Obligation Community College Bonds, Series 2017

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or by the approving vote of the registered owners of a majority in principal amount of the Bonds pursuant to the terms of this resolution, as this resolution may be amended from time to time, at the time of such amendment. In the event that the County makes such a modification, the annual financial information containing the modified operating data or financial information shall explain, in narrative form, the reasons for the modification and the impact of the change in the type of operating data or financial information being provided. The provisions of this Section shall terminate upon payment, or provision having been made for payment in a manner consistent with Rule 15c2-12, in full of the principal of and interest on all of the Bonds. Section 9. The Chairman and Vice Chairman of the Board, the County Manager, the Finance Director and the Clerk or any Deputy Clerk to the Board are hereby authorized and directed to execute and deliver such closing and other documents necessary for the purpose of facilitating the sale and issuance of the Bonds and the prepayment of the 2016 Note in a manner consistent with the terms of this resolution. Section 10. This resolution shall take effect upon its adoption. Upon motion of Commissioner _Reives , the foregoing resolution entitled "RESOLUTION PROVIDING FOR THE SALE AND ISSUANCE OF $23,000,000 GENERAL OBLIGATION COMMUNITY COLLEGE BONDS, SERIES 2017" was adopted by the following vote: Ayes: Dalrymple Dodson, Knecht, Oldham, Reives, Sharpe, and Sloan Noes: None 15