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No obligation on Bonds. The City of Pleasanton has no obligation with respect to <br /> the payment of the bonds, nor any reporting, disclosure or other compliance <br /> obligations associated with the bonds. <br /> Based on the above, staff is recommending the City participate in the CSCDA <br /> Proposition 1A Securitization Program. Participation requires approval of a resolution <br /> (Attachment 1). The Resolution authorizes the sale of the Proposition 1A receivable <br /> and approves authorized officers (City Manager, Assistant City Manager, and Finance <br /> Director) to execute the necessary documents. <br /> SOmitted Appr ed 1:7 <br /> 'David P. Culver Nelson Fialho <br /> Director of Finance City Manager <br /> Attachments: <br /> 1. Resolution <br /> 2. Purchase and Sales Agreement <br /> Page 3 of 3 <br />