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0 0 <br />EOOK ~J rr;r;F <br />RESOLUTION DESIGNATING CONTRACT BETWEEN <br />LEE COUNTY AND SOUTHERN NATIONAL LEASING CORPORATION <br />AS QUALIFIED TAX-EXEMPT OBLIGATIONS <br />OF THE COUNTY OF LEE <br />THAT WHEREAS, Lee County has authorized the delivery and execution, <br />with the consent and approval of the Board of County Commissioners, <br />of these Deeds of Trust and Security Agreements with Southern <br />National Leasing Corporation for the financing of the Cumnock Water <br />Plant Facility and the Operational Services Center; and <br />WHEREAS, the said contracts, bearing the date of February 25, 1993, <br />qualify as tax-exempt obligations of the County pursuant to the <br />Internal Revenue Code of 1986; and <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF LEE <br />COUNTY: <br />That the aforesaid contracts, bearing the date of February 25, 1993, <br />by and between Lee County and Southern National Leasing Corporation, <br />together with the amounts to be paid thereunder, be and the same are <br />hereby designated as qualified tax-exempt obligations of the County <br />for purposes of Section 265(b)(3) of the Internal Revenue Code of <br />1986. <br />C2 <br />