RES 02047 - Laserfiche WebLink

CONTENTS Introduction......................................... I The Bonds ............................................ 2 Description of the Bonds ...................... 2 Authority for Issuance........................... 2 Purpose of the Bonds ............................ 3 Allocation of Proceeds .......................... 3 Security for the Bonds ........................ 3 . Pledge ~fNet Revenues ........................3 Rate Covenant....................................... 4 Reserve Fund ........................................ 4 Issuance of Parity Debt ......................... 4 Cil)' of Pleasanton ............................... 5 Wastewater System............................. 5 Wastewater Treatment .....................;.... 6 Regional Agreement ............................. 7 Wastewater DisposaL........................... 7 Sewer Service COntract......................... 8 Rate Stabilization Fund for Expansion Debt Service ....................9 Pleasanton Wastewater Service Area and Customers................................... 9 Wastewater System Largest Users...... 10 Rates and Charges............................... 10 City Policy Regarding Sewer Rates.... I 1 Citv Financial Information.................. 11 AlI~cation of Pleasanton' s Sewer Revenues ......................................... 14 Citv Budget ......................................... IS PIe~santon Long-Term Deb!............... IS Projected Operating Results and _ Debt Service Coverage ................... I) Risk Factors....................................... 16 Payment............................................... 17 Sewer Enterprise Demand................... 17 Sewer Enterprise Expenses ................. 17 Earthquakes. Floods. and Other Natural Disasters............................. 17 Limits on Remedies and Bankruptcy.. 17 No Obligation to Tax .......................... 18 Change in Law.................................... 18 Constitutional Limit on Appropriations. Fees and Charges ............................ 18 RiQht to Vote on Taxes Initiative........ 19 Ini~iatives............................................. 19 Concluding Information................... 19 Continuing Disclosure ........................ 19 Legal Opinion ..................................... 20 Tax Maners ......................................... 10 . I . "I LegIS alIon........................................... ~ Professional Fees ................................11 Financial Advisor ................................ 21 Absence of Litigation.......................... 11 Rating ..................................................11 Misccllaneous ..................................... 22 Appendices A, C. D. E & F not included Appendix A: Sumrnary of Indenture Appcndix B: Econornic Information on the Area (included) Appendix C: Excerpts from 1001 Financial Statements ....... [to come] Appendix D: FomlofContinuing Disclosure Certificate...... [to come] Appendix E: Form of Bond Counsel Opinion [to come] Appcndix F: Book Entry System ......... [to come]