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thereof, is hereby authorized and directed to execute, and the Secretary is hereby <br />authorized and directed to attest to, the final form of the 1998D Escrow Agreement for <br />and in the name and on behalf of the Authority. The Board hereby authorizes the <br />delivery and performance of the 1998D Escrow Agreement. <br />SECTION 3. Purchase and Sale of the 2010 Bonds. The Board hereby <br />authorizes the purchase by the Authority of the 2010A Bonds for concurrent re-sale to <br />Stone & Youngberg LLC and E. J. De La Rosa & Co., Inc. (the "2010A Underwriters"), <br />so long as the total 2010A Underwriters' discount, excluding original issue discount <br />which does not constitute compensation to the 2010A Underwriters, does not exceed <br />1 % of the principal amount of the 2010A Bonds, and so long as the final maturity date of <br />the 2010A Bonds is no later than September 1, 2035. The Board hereby authorizes the <br />purchase by the Authority of the 2010B Bonds for concurrent re-sale to (the "2010B <br />Underwriter"), so long as the total 2010B Underwriter's discount, excluding original <br />issue discount which does not constitute compensation to the 2010B Underwriter, does <br />not exceed 1 % of the principal amount of the 2010B Bonds, and so long as the final <br />maturity date of the 2010B Bonds is no later than September 1, 2035. The Board <br />hereby approves a bond purchase agreement relating to the 2010 Bonds, by and <br />among the 2010A Underwriters, the Authority and the Agency with respect to the 2010A <br />Bonds, and by and among the 2010B Underwriter, the Authority and the Agency with <br />respect to the 2010B Bonds, in the form on file with the Secretary (the "2010 Bond <br />Purchase Agreement"), together with such additions thereto and changes therein as the <br />Executive Director, or any designee thereof, shall deem necessary, desirable or <br />appropriate, and the execution thereof by the Executive Director, or any designee <br />thereof, shall be conclusive evidence of the approval of any such additions and <br />changes. The Executive Director, or any designee thereof, is hereby authorized and <br />directed to execute the final form of the 2010 Bond Purchase Agreement for and in the <br />name and on behalf of the Authority. <br />SECTION 4. Official Actions. The Executive Director and any and all other <br />officers of the Authority, are hereby authorized and directed, for and in the name and on <br />behalf of the Authority, to do any and all things and take any and all actions, including <br />execution and delivery of any and all assignments, certificates, requisitions, <br />agreements, notices, consents, instruments of conveyance, warrants and other <br />documents which they, or any of them, may deem necessary or advisable in order to <br />consummate the lawful issuance and sale of the 2010 Bonds as described herein. <br />Whenever in this resolution any officer of the Authority is authorized to execute or <br />countersign any document or take any action, such execution, countersigning or action <br />may be taken on behalf of such officer by any person designated by such officer to act <br />on his or her behalf in the case such officer shall be absent or unavailable. <br />SECTION 5. Effect. This Resolution shall take effect from and after the date of its <br />passage and adoption. <br />Resolution No. SAFA 2010- <br />80A-20 Page 5 of 2