March 4, 2013 - Cabarrus County

shall keep at the office of the Finance Director, currently at Cabarrus County Governmental
Center, Church Street, SE, Concord, North Carolina 28026, the books of the County for the
registration, registration of transfer, exchange and payment of the Bonds.
Section 9. The actions of the County Manager and the Finance Director of the County in
applying to the Local Government Commission of North Carolina for a private sale of the Bonds
are hereby approved, ratified and confirmed. The Local Government Commission of North
Carolina is hereby requested to print and distribute a Preliminary Official Statement and an
Official Statement, including any supplement thereto, relating to the sale of the Bonds. The
Preliminary Official Statement, proposed to be dated on or about April 10, 2013, substantially in
the form presented at this meeting, and an Official Statement, proposed to be dated on or about
April 25, 2013, in substantially the form of the Preliminary Official Statement presented at this
meeting, with such changes as are necessary to reflect the maturities, redemption provisions, if
any, interest rates and other pricing data of the Bonds is hereby approved and the Chairman or
Vice-Chairman of the Board, the County Manager and the Finance Director, respectively, of the
County are each hereby authorized to approve changes in such Preliminary Official Statement or
Official Statement, to approve any supplement to such Preliminary Official Statement or Official
Statement and to execute such Official Statement and any supplement to such Official Statement
for and on behalf of the County.
Section 10. The Chairman or Vice-Chairman of the Board, the County Manager and the
Finance Director, respectively, of the County are each hereby authorized, in the event they
determine, in their discretion, such action to be appropriate and in the best interests of the County
in connection with the issuance of the Bonds, to engage a qualified bank or trust company to
serve as escrow agent in connection with the refunding of the Bonds To Be Refunded as
described in this resolution, and to negotiate, execute and deliver, on behalf of the County, with
the advice of bond counsel to the County, an Escrow Deposit Agreement to accomplish the
refunding of the Bonds To Be Refunded and to perform the obligations of the County under said
Escrow Deposit Agreement. The Chairman or Vice-Chairman of the Board, the County
Manager and the Finance Director, respectively, of the County are each hereby further
authorized, in the event they determine, in their discretion, such action to be appropriate and in
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Attachment number 2
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