1. MIDA Bond-Bethany on 42nd - Laserfiche WebLink

Agreement are fixed so as to produce revenue sufficient to pay the principal of, premium, if any, and interest on the Bonds when due. The County will assign its rights to the basic payments and certain other rights under the Loan Agreement to the Trustee as security for payment of the Bonds under an Indenture of Trust, as amended and supplemented, (the "Indenture") between the County and Wells Fargo Bank, National Association (the "Trustee"). The Bonds will be purchased by Dougherty & Company LLC (the "Underwriter") pursuant to a Bond Purchase Agreement among the County, the Company and the Underwriter (the "Bond Purchase Agreement"). 3. Under the provisions of the Act, and as provided in the Loan Agreement and Indenture, the Bonds are not to be payable from or charged upon any funds other than the revenue pledged to the payment thereof; the County is not subject to any liability thereon; nor shall the holder of any Bonds ever have the right to compel any exercise by the County of its taxing powers to pay any of the Bonds or the interest or premium thereon, or to enforce payment thereof against any property of the County except the interest of the County in the Loan Agreement which has been assigned to the Trustee under the Indenture; the Bonds shall not constitute a charge, lien or encumbrance, legal or equitable upon any property of the County except the interest of the County in the Loan Agreement which has been assigned to the Trustee under the Indenture; the Bonds shall recite that the Bonds are issued without obligation on the part of the State or its political subdivisions, and that the Bonds, including interest thereon, are payable solely from the revenues pledged to the payment thereof; and, the Bonds shall not constitute a debt of the County within the meaning of any constitutional or statutory limitation. 4. Subject to the approval of the County's counsel, the forms of the Loan Agreement, the Bond Purchase Agreement and the Indenture and all other documents necessary for the issuance ofthe Bonds are approved. The Loan Agreement, the Bond Purchase Agreement and the Indenture, in substantially the forms submitted to the County Auditor and the County's counsel, are directed to be executed in the name and on behalf of the County by the Chair or other member ofthe County Commission and the County Auditor. The Chair or other member of the County Commission is authorized and directed to sign the Bond Purchase Agreement upon the terms and conditions stated therein and at a price not less than 98% of the principal amount of the Bonds and at a true interest rate not exceeding 7.50% per annum. Any other documents and certificates necessary to the transaction described above shall be executed by the appropriate County officers. Copies of all of the documents necessary to the transaction herein described shall be delivered, filed and reported as provided herein and in the Loan Agreement and Indenture. 5. The County hereby consents to the distribution by the Underwriter to potential purchasers ofthe Bonds of a Preliminary Official Statement with respect to each series of Bonds and further consents to the distribution by the Underwriter of a final Official Statement with respect to each series of the Bonds in substantially the form ofthe Preliminary Official Statement. The County has not and will not participate in the preparation of the Preliminary Official Statement or the final Official Statement with respect to the Bonds and has made no independent investigation with respect to the information contained therein or in the appendices thereto, and the County assumes no responsibility for the sufficiency, accuracy or completeness of such information. -2-