RES 65112 - Laserfiche WebLink

be submitted to the qualified voters of said City the measure of issuing revenue bonds under the Revenue Bond Law of 1941 of the State of California (Government Code Sections 5~BO0, et seq.) for the purpose of providing funds for the acqu~ition, construction, improvement and financing of an Enterprise, all as set forth in the following Measure (An to wit: MEASURE (Water System Improvements- Revenue Bonds) Shall the City of Pleasanton issue revenue bonds in the principal amount of $750,000 pursuant to the Revenue Bond Law of 1941, to provide funds for the acquisition, construction, improvement and financing of the follow- lng enterprise, to wit: Improvements to the existing municipal water system of the Ci~ of Pleasanton, comprising works and facilities for the storage, transmission and distribution of water, including pumping plants, lift stationS,reservoirs and water storage facilities, water mains, pipelines, pipes, meters, pumps, equipment, and other works, properties or structures necessary or convenient for improvements to the existing municipal water system for the City of Pleasanton? Section 2. (a) The estimated cost of the acquisi- tion, construction, improvement and financing of said Enterprise is $750,000 and the principal amount of revenue bonds proposed to be issued therefor is $750,000. (b) Said estimated cost of said Enterprise includes all costs and estimated costs incidental to or connected with the acquisition, construction, improvement or financing of the Enterprise, together with engineering, appraisal, inspection, legal and fiscal agent's fees, costs of the bond election and of the issuance of said revenue bonds, bond reserve funds and working capital and bond interest estimated to accrue during the period of acquisition and construction and for a period of not to exceed twelve months after c~mpletion of construction. The Enterprise for the acquisition, construction, improvement and financing of which said revenue bonds shall be issued under the 2