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<br />the most efficient and economical development of such services, facilities and programs in the State; <br />and <br /> <br />WHEREAS, neither the Council, the Borrower nor the State or any political subdivision <br />thereof (other than each Borrower to the extent of their obligations under their respective Loan <br />Agreements only), shall in any way be obligated to pay the principal of, premium, if any, or interest <br />on those certain revenue bonds of the Council designated AFlorida Municipal Loan Council Revenue <br />Bonds, Series 2002C=: (the ABonds=:) as the same shall become due, and the issuance of the Bonds <br />shall not directly, indirectly or contingently obligate the Borrower, the State or any political <br />subdivision or municipal corporation thereof to levy or pledge any form of ad valorem taxation for <br />their payment but shall be payable solely from the funds and revenues pledged under and pursuant to <br />this Agreement and the Indenture. <br /> <br />NOW, THEREFORE, for and in consideration of the premises hereinafter contained, the <br />parties hereto agree as follows: <br /> <br />2 <br />