2. MIDA Bond/Plains Art Museum - Laserfiche WebLink

County. The execution of any instrument by the appropriate officer or officers of the County herein authorized shall be conclusive evidence of the approval of such documents in accordance with the terms thereof. In the absence of the Chair of the Board of County Commissioners or County Auditor, any of the documents authorized by this Resolution to be executed may be executed by acting Chair of the Board of County Commissioners or the acting County Auditor, respectively. 8. The County hereby designates the Bonds as "qualified tax-exempt obligations" for purposes of paragraph (3) of Section 265(b) of the Internal Revenue Code of 1986, as amended (the "Code"), and covenants that the Bonds constitute qualified 501 (c )(3) bonds as defined in Section 145 of the Code, and that not more than $10,000,000 aggregate principal amount of obligations the interest on which is excludable (under Section 103(a) of the Code) from gross income for federal income taxes (excluding, however, private activity bonds, as defined in Section 141 of the Code, other than qualified 501 (c)(3) bonds as defined in Section 145 of the Code), including the Bonds, have been or shall be issued by the County including all subordinate entities of the County, during the calendar year 2005. Dated: November 7, 2005 Approved: Attest: Chair of the Board of County Commissioners County Auditor The motion for the adoption of the foregoing resolution was duly made by Member , seconded by Member , and upon vote being taken thereon, the following voted in favor: the following voted against the same: and the following were absent: whereupon said resolution was declared duly passed and adopted. -3-