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(3) 188 parking spaces. (i) 9,964 square feet of office space; and (ii) 30 parking spaces. SECTION 404. PROCEEDS OF CERTIFICATES. ~A~ SALE PROCEEDS. On the date hereof (the "Closing Date"), the G ~ from the initial purchasers of the Certificates the Total Sale Proceeds (i.e., ; amounts to be used to pay pre-issuance accrued interest) in the aggregate amo~ of the components shown in Exhibit A attached hereto. The Sale Proceeds ~ fully used for the purpose of paying the capital costs of designing, acquiring installing the County's Share of the Courthouse Square Project, including pa, incurred in connection with the issuance of the Certificates, all as set forth below and Exhibit A attached hereto. (B) APPLICATION OF TOTAL SALE PROCEEDS. On the Closing Proceeds will be applied as follows: (I~ ACCRUED INTEREST: The sum representing accrued interest aid by the initial purchasers of the Certificates (as shown in Exhibit A attached hereto) will be deposited in the 1998 Debt Service Account of the Certificate Payment Fund aintained by the County for the payment of principal, premium, if any, and interest evidenced by the Certificates, and the accrued interest so deposited will be used to pa the interest first coming due on the Certificates on June 1, 1999. The Private Use Portion will consist of the following (together with the co thereto): Exhibit C attached hereto sets forth the allocation of the cost of the between the County Use Portion and the Private Use Portion and the alloca Proceeds and non-Certificate Proceeds to such costs. As shown on said Exh; reasonably expects that less than 5% of the Certificate Proceeds (including b and Investment Proceeds) will be allocated and used to finance the Private ~ County hereby covenants and agrees that in no event will it allocate or expend the Certificate Proceeds (including both Sale Proceeds and Investment Procee Private Use Portion. >n areas allocable County Facilities ion of Certificate bit C, the County ~th Sale Proceeds Jse Portion. The more than 5% of ds) to finance the >unty will receive ~ale Proceeds and int and consisting re expected to be constructing and ment of the costs in Section 404(s) te the Total Sale (II~ PROJECT FUND: The sum shown in Exhibit A attach d hereto will be deposited in the Project Fund and used and applied from time to time to pay the capital costs of the Courthouse Square Project, including but not limited to th costs of issuance ~ GENERAL AND TAX CERTIFICATE PAGE S