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(4) The Bonds may be issued in one or more series issued on one or more dates, shall bear such title or designation, shall bear interest at such rate or rates, shall be in such denominations, shall be subject to such terms of redemption, shall be in such form, and shall contain such other terms and conditions as may be approved by the Authority. (5) It having been represented to the Authority that it is necessary to proceed immediately with the Financing Purposes, the Authority hereby authorizes BSHSI and the Hospitals to proceed with their plans for the Financing Purposes and to take steps as they may deem appropriate in connection therewith, provided that nothing herein shall be deemed to authorize BSHSI and the Hospitals to obligate the Authority without its consent in each instance to the payment of any moneys or the performance of any acts in connection with the Financing Purposes. The Authority agrees that BSHSI and the Hospitals may be reimbursed from the proceeds of the Bonds for all such costs they so incur or have so incurred to the extent permitted by the Act and applicable Federal law. (6) The Authority hereby agrees to the recommendation of BSHSI that Jones Day, Chicago, Illinois, be appointed as bond counsel, and hereby appoints such firm to supervise the proceedings and approve the issuance of the Bonds. (7) At the request ofBSHSI, the Authority hereby appoints Citigroup Global Markets Inc., New York, New York, and JPMorgan Securities LLC, as underwriters for the purchase and sale of the Bonds pursuant to terms to be mutually agreed upon. (8) If requested by BSHSI or bond counsel, the Authority shall, at the expense of BSHSI, make application to the Internal Revenue Service for such tax rulings as may be necessary or desirable in connection. with the issuance of all or part of the Bonds, and the Chairman and the Vice Chairman of the Authority are hereby authorized to execute an appropriate power of attorney naming such counsel as BSHSI may request for the purposes of seeking such ruling. (9) The Assistant Secretary of the Authority is directed to forward a copy of this Resolution to the Board of Supervisors of Henrico County, Virginia. The Authority hereby recommends that the Board of Supervisors of Henrico County, Virginia, approve the issuance of the Bonds in accordance with the provisions of Section 147(f) of the Code and Section 15.2-4906 of the Act. (10) Nothing contained in this resolution shall require the expenditure of any funds of the Authority for any purpose whatsoever except such as may be derived from the proceeds of the Bonds issued pursuant hereto, it being understood that BSHSI and the Hospitals will reimburse the Authority for all reasonable and necessary direct out-of-pocket expenses that the Authority may incur arising from the iadoption of this resolution and the performance by the Authority of its obligations hereunder' and that are not paid with the proceeds of the Bonds, including the Authority's fees and expenses, including counsel fees. In addition, BSHSI shall pay to the Authority its annual fee of $500 per $1,000,000 principal amount of the Bonds actually issued prorated to the extent such Bonds are not issued in an integral multiple of $1,000,000, payable upon the issuance of the Bonds and on each anniversary date of the issuance of the Bonds thereafter until payment of the Bonds in full. If for any reason such Bonds are not CHI-l 864J 99v3 - 3 -