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thereof, shall deem necessary, desirable or appropriate, and the execution thereof by
<br />the Executive Director, or any designee thereof, shall be conclusive evidence of the
<br />approval of any such additions and changes. The Executive Director, or any designee
<br />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 1998C Escrow Agreement for
<br />and in the name and on behalf of the Agency. The Agency hereby authorizes the
<br />delivery and performance of the 1998C Escrow Agreement.
<br />(d) The Agency hereby approves an escrow agreement relating to the refunding
<br />of the 1998D Bonds (the "1998D Escrow Agreement"), by and among the Authority, the
<br />Agency and the Escrow Bank, in the form on file with the Secretary, together with such
<br />additions thereto and changes therein as the Executive Director, or any designee
<br />thereof, shall deem necessary, desirable or appropriate, and the execution thereof by
<br />the Executive Director, or any designee thereof, shall be conclusive evidence of the
<br />approval of any such additions and changes. The Executive Director, or any designee
<br />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 Agency. The Agency hereby authorizes the
<br />delivery and performance of the 1998D Escrow Agreement.
<br />SECTION 5. Sale of the 2010 Bonds. The Agency hereby authorizes the sale of
<br />the 2010A Bonds to the Authority for concurrent re-sale to Stone & Youngberg LLC and
<br />E. J. De La Rosa & Co., Inc. (the "2010A Underwriters"), so long as the total 2010A
<br />Underwriters' discount, excluding original issue discount which does not constitute
<br />compensation to the 2010A Underwriters, does not exceed 1 % of the principal amount
<br />of the 2010A Bonds, so long as the true interest cost of the 2010A Bonds does not
<br />exceed 6.5% and so long as the final maturity date of the 2010A Bonds is no later than
<br />September 1, 2035. The Agency hereby authorizes the sale of the 20106 Bonds to the
<br />Authority for concurrent re-sale to Stone & Youngberg LLC (the "20108 Underwriter"),
<br />so long as the total 20106 Underwriter's discount, excluding original issue discount
<br />which does not constitute compensation to the 20106 Underwriter, does not exceed 1
<br />of the principal amount of the 20106 Bonds, so long as the true interest cost of the
<br />20108 Bonds does not exceed 9% and so long as the final maturity date of the 20106
<br />Bonds is no later than September 1, 2035. The Agency hereby approves a bond
<br />purchase agreement relating to the 2010 Bonds, by and among the 2010A
<br />Underwriters, the Authority and the Agency with respect to the 2010A Bonds, and by
<br />and among the 20106 Underwriter, the Authority and the Agency with respect to the
<br />20106 Bonds, in the form on file with the Secretary (the "2010 Bond Purchase
<br />Agreement"), together with such additions thereto and changes therein as the Executive
<br />Director, or any designee thereof, shall deem necessary, desirable or appropriate, and
<br />the execution thereof by the Executive Director, or any designee thereof, shall be
<br />conclusive evidence of the approval of any such additions and changes. The Executive
<br />Director, or any designee thereof, is hereby authorized and directed to execute the final
<br />form of the 2010 Bond Purchase Agreement for and in the name and on behalf of the
<br />Agency.
<br />SECTION 6. Approval of the Preliminary Official Statement. The preliminary
<br />official statement describing the 2010 Bonds on file with the Secretary (the "Preliminary
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