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Chairman and Secretary are each hereby authorized and directed to execute and deliver, for and on behalf of the Board,the Loan Agreement to the Corporation. Section 5. The Chairman, Vice Chairman and Secretary of the Board are each hereby authorized and directed to execute the Bonds, by manual or facsimile signatures, and to cause the Bonds so executed to be delivered to or at the direction of the Underwriter upon payment of the purchase price. Section 6. The Preliminary Official Statement is hereby approved and the Chairman and Vice Chairman of the Board are each hereby authorized to declare the same to be final as of its date in accordance with the provisions of Rule 15c2-12 under the Securities Exchange Act of 1934 to the extent it is applicable to the sale of the Bonds. The Chairman and Vice Chairman of the Board are each authorized to execute the Preliminary Official Statement and a final Official Statement. The Preliminary Official Statement and final Official Statement are authorized to be distributed to various prospective and actual purchasers of the Bonds for and on behalf of the Board. Section 7. The Bond Purchase Agreement,the Loan Agreement,the Indenture and the Preliminary Official Statement (collectively, the 'Bond Documents") shall be in substantially the forms submitted to this meeting,which are hereby approved,with such omissions, insertions and changes as may be approved by the officers executing them, their execution to constitute conclusive evidence of their approval of any such omissions, insertions and changes. Section 8. The Chairman, Vice Chairman and Secretary, for and on behalf of the Board, are each hereby authorized and directed to do any and all things necessary to effect the execution and delivery of the instruments approved by this Resolution and the performance of all obligations of the Board thereunder, the issuance, execution, sale and delivery of the Bonds, and the performance of all acts of whatever nature necessary to effect and carry out the authority conferred by this Resolution. The Chairman,Vice Chairman and Secretary are each hereby further authorized and directed, for and on behalf of the Board, to execute the Bond Documents and all papers, documents, certificates and other instruments that may be required for the carrying out of such authority or to evidence the exercise thereof. Section 9. The Board will take or cause to be taken such other acts and adopt such further proceedings as may be required to implement the aforesaid undertakings or as it may deem appropriate in pursuance thereof. Section 10. No recourse under or upon any obligation, covenant, acceptance or agreement contained in this Bond Resolution,or in any Bond,or in the Bond Documents,or under any judgment obtained against the Board or by the enforcement of any assessment or by any legal or equitable proceeding by virtue of any constitution or statute or otherwise, or under any circumstances, shall be had against any officer as such or board-member, past, present, or future, of the Board,either directly or through the Board,or otherwise,for the payment for or to the Board or any receiver thereof, or for or to any holder of any Bond, or otherwise, of any sum that may be due and unpaid by the Board upon any of the Bonds. Any and all personal liability of every nature, whether at common law or in equity, or by statute or by constitution or otherwise, of any such 4