Res 2023-208R approving a Resolution by the Board of Directors of the Alliance Regional Water Authority authorizing the issuance of Alliance Regional Water Authority bond anticipation note (Regional Water Supply Contract Project), Series 2023

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Section 29. FURTHER PROCEDURES. The Authority Representative and all other officers, employees, and agents of the Board, and each of them, shall be and they are hereby expressly authorized, empowered, and directed from time to time and at any time to do and perform all such acts and things and to execute, acknowledge, and deliver in the name and on behalf of the Board all such instruments, whether or not herein mentioned, as may be necessary or desirable in order to carry out the terms and provisions of this Resolution, the Note, the sale and delivery of the Note and fixing all details in connection therewith. The Authority Representative is authorized to sign this Resolution. Section 30. REPEAL OF CONFLICTING RESOLUTIONS. All resolutions and all parts of any resolutions which are in conflict or inconsistent with this Resolution are hereby repealed and shall be of no further force or effect to the extent of such conflict or inconsistency. Section 31. PUBLIC NOTICE. It is hereby found and determined that each of the officers and members of the Board was duly and sufficiently notified officially and personally, in advance, of the time, place, and purpose of the Meeting at which this Resolution was adopted; that this Resolution would be introduced and considered for adoption at said meeting; and that said meeting was open to the public, and public notice of the time, place, and purpose of said meeting was given, all as required by Chapter 551, Texas Government Code. Section 32. NO PERSONAL LIABILITY. No covenant or agreement contained in the Note, this Resolution or any corollary instrument shall be deemed to be the covenant or agreement of any member of the Board or the Sponsors or any officer, agent, employee or representative of the Board or the Sponsors in their individual capacity, and neither the directors, officers, agents, employees or representatives of the Board or the Sponsors nor any person executing the Note shall be personally liable thereon or be subject to any personal liability for damages or otherwise or accountable by reason of the issuance thereof, or any actions taken or duties performed, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty, or otherwise, all such liability being expressly released and waived as a condition of and in consideration for the issuance of the Note. Section 33. APPROVAL OF PAYING AGENT/REGISTRAR AGREEMENT. The Paying Agent/Registrar Agreement by and between the Authority and the Paying Agent/Registrar ("Paying Agent Agreement"), in substantially the form and substance submitted to the Board is hereby approved and the Authority Representative is hereby authorized and directed to complete, amend,modify, and execute the Paying Agent Agreement, as necessary. Section 34. APPROVAL CERTIFICATE. Pursuant to Section 3.1 of the Contract, the Sponsors have authorized the execution of an approval certificate attached hereto as Exhibit 'T" which evidences the approval of the terms and provisions of the Note as set forth herein by the Sponsors. 21 ARWA\BAN\2023:Authorizing Resolution