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CTTY COUNCIL OF THE CTTY OF PLEASANTON <br />ALAMEDA COUNTY. CALIFORNIA <br />RESOLUTION NO. 94-93 <br />RESOLUTION APPROVING A TRANSFER AND <br />ASSIGNMENT AGRExt~rF.NT, A FHLST AMENDMENT TO <br />ACQUISITION AGREEMENT AND TWO FHtST <br />AMENDMENT TO ASSIGNMENT AGREII~ID~TfS; MAEING <br />CERTAIN DETERMINATIONS RELATING THERETO; AND <br />AUTHORIZING CERTAIN ACTIONS IN CONNECTION <br />THEREWITH <br />WHEREAS, [he City of Pleasanton (the "City") is a municipal corporation duly organized and <br />validly existing under the Consfitution and laws of the State of California; and <br />WHEREAS, there has previously been issued 1987 Certificates of Participation (Capital <br />Projects I and II), 1988 Certificates of Participation (Capital improvements <br />Projects), 1989 Certificates of Participation (Cross-Town Sanitary Sewer Project) <br />and 1991 Certificates of Participation (Capital Improvements) (collectively, the <br />"Prior Obligations"), which such Prior Obligations are secured by certain <br />obligations of the City; and <br />WHEREAS, the City of Pleasanton Public Facilities Corporation (the "Corporation") has <br />assisted the City with the issuance of the Prior Obligations, and now desires to <br />transfer and assign its rights, duties, interests and obligations in connection <br />therewith to the Pleasanton Joint Powers Financing Authority (the "Authority"); <br />and <br />WHEREAS, to accomplish such transfer and assignmrnt, (i) the Corporation and Bank of <br />American National Trust and Savings Association (the "Trustee") are executing <br />those two Fust Amendment [o Assignment Agreements, both cusently dated as <br />of August 1, 1994 (collecfively, the "Amrnded Agreements"), (ii) the Corporation <br />and the Authority aze executing that certain Transfer and Assignment Agreemrnt, <br />currently dated as of August 1, 1994 (the "Transfer Agreement") and (iii) i[ is <br />proposed that the Corporation and the City execute that certain First Amrndmrnt <br />to Acquisition Agreement, currently dated as of August 1, 1994 (the "Amended <br />Acquisition Agreement"); and <br />WHEREAS, the City must appmve and consent to such transfer and assignment by the <br />Corporation, and there has been presented at this meeting a farm of [he Transfer <br />Agreement, the Amended Acquisition Agreement and the Amended Agreemrnts. <br />NOW, THEREFORE, THE CTTY COUNCIL OF TIC CTTY OF PLEASANTON RESOLVES <br />AS FOLLOWS: <br />