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~~ <br />~~ , , <br />1 ~ • <br />~ (2) all moneys and investments in the Certificate Payment Fund, the Project <br />_ Fund and any other fund established and held by the Trustee under any <br />Supplemental Agreement, including any investments made therefrom and <br />investment income derived therefrom; <br />(3) each Credit Facility and all amounts drawn or paid thereunder; and <br />(4) all of the proceeds of the foregoing, including without limitation <br />investment income derived therefrom. <br />SECTTON 3. SALE OF 1998 CERTIFICATES; APPROVAL OF FIIVANCIlVG DOCUMEN'I'S. The 1998 <br />Certificates shall be sold in a negotiated sale to Prudential Securities Incorporated, as senior <br />managing underwriter (the "Underwriters' Representative"). <br />The Coordinator is hereby authorized, empowered and directed to: <br />(1) cause to be prepared a preliminary official statement in substantially final form <br />describing the 1998 Certificates and setting forth such information concerning the County, <br />the Project and the 1998 Certificates as may be necessary or appropriate in order to <br />disclose all material information which a prospective investor would need in order to make <br />an informed decision with respect to an investment in the 199$ Certificates; <br />(2) establish: <br />(A) the aggregate principal amount of the 1998 Certificates, the principal <br />amount of the 1998 Certificates to mature in each year, and the principal amounts <br />of the 1998 Certificates to be issued as serial certificates and as term certificates; <br />provided thal in no event shall the 1998 Certificates mature over a term in excess <br />of twenty-five and one-half years from the date of issuance thereof; ~ <br />(B) with respact to the 1998 Certificates to be issued as term certificates, <br />the principal amourit of. the term certificates of each maturity to be subject to <br />mandatory sinking fund redemption in each year; <br />(C) the rate of interest per annum to be applicable to the 1998 Certificates <br />of each maturity; provided that in no event shall the true interest costs of the 1998 <br />Certificates exceed 6.0%; and <br />(D) the dates upon which the 1998 Certificates (or specified maturities <br />thereo fl shall be subject to redemption at the option of the County and prices at <br />which such 1998 Certificates shall be so subject to optional redemption, which <br />prices may include a premium; and <br />RESOLUTION AUTHORIZING F[NANCING PAGE 3 <br />