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EXHIBIT F <br /> APPROVAL CERTIFICATE <br /> The undersigned Authorized Representative of the [Sponsor] pursuant to the resolution <br /> (the 'Resolution") authorizing the issuance of obligations designated as "Alliance Regional <br /> Water Authority Bond Anticipation Note (Regional Water Supply Contract Project), Series <br /> 2023" (the "Note")hereby approves the following terms of the Note: <br /> (i) the total principal amount of the Note of$46,000,000; <br /> (ii) the purchase price for the Note is $46,000,000 (representing the original principal <br /> amount of the Note); <br /> (iii) the interest rate for the Note is 4.72% and the Note shall mature on December 21, <br /> 2024: <br /> (iv) the Note is subject to redemption as set forth below: <br /> On November 1, 2024, or any Business Day thereafter, the Note may be redeemed prior <br /> to its Stated Maturity, at the option of the Authority, in whole or in part in an Authorized <br /> Denomination (and if within a Stated Maturity selected at random and by lot by the Paying <br /> Agent/Registrar) at the redemption price of par, together with accrued interest to the date of <br /> redemption, and upon thirty (30) days prior written notice being given by United States mail, <br /> first-class postage prepaid, to Holders of the Note to be redeemed, and subject to the terms and <br /> provisions relating thereto contained in the Resolution. If the Note is subject to redemption prior <br /> to Stated Maturity and in an Authorized Denomination thereof may be redeemed, and, if less than <br /> all of the principal sum thereof is to be redeemed, there shall be issued, without charge therefor, <br /> to the Holder thereof, upon the surrender of the Note to the Paying Agent/Registrar at its <br /> corporate trust office, a new Note or Notes of like Stated Maturity and interest rate in any <br /> authorized denominations provided in the Resolution for the then unredeemed balance of the <br /> principal sum thereof. <br /> If the Note (or any portion of the principal sum hereof) shall have been duly called for <br /> redemption and notice of such redemption duly given, then upon such redemption date the Note <br /> (or the portion of the principal sum hereof to be redeemed) shall become due and payable, and, if <br /> money for the payment of the redemption price and the interest accrued on the principal amount <br /> to be redeemed to the date of redemption is held for the purpose of such payment by the Paying <br /> Agent/Registrar, interest shall cease to accrue and be payable thereon from and after the <br /> redemption date on the principal amount thereof to be redeemed. If the Note is called for <br /> redemption, in whole or in part,the Authority or the Paying Agent/Registrar shall not be required <br /> to issue, transfer, or exchange the Note within forty-five (45) days of the date fixed for <br /> redemption; provided, however, such limitation of transfer shall not be applicable to an exchange <br /> by the Holder of the unredeemed balance thereof in the event of its redemption in part; and <br /> (v) the Note will be approved by the Texas Attorney General. <br /> F-1 <br /> ARWA\BAN\2023:Authorizing Resolution <br />