(a) The notes shall be authorized by a resolution.
(b) The authorizing resolution shall:
(1) cite the authority to issue the notes and the amount authorized; and
(2) specify:
(i) the maturity;
(ii) the interest rate or manner of determining the rate, which may include a variable rate;
(iii) 1. the price at which the notes will be sold, which may be at, above, or below the face value of the notes; or
2. the manner of determining the price at which the notes will be sold;
(iv) the manner of the sale of the notes, which may be by private negotiation by the county with a prospective purchaser, if determined by the county to be in the county’s best interest;
(v) the terms or conditions, if any, under which notes may or shall be redeemed prior to their stated maturity; and
(vi) other terms on the notes.
(c) The authorizing resolution may provide for:
(1) the issuance of the notes in series, as money is required; and
(2) the renewal of the notes at maturity, with or without resale.