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07
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2017
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020717
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07
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2/3/2017 12:46:45 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
2/7/2017
DESTRUCT DATE
15Y
DOCUMENT NO
07
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Financing Team Participants <br /> The complex legal and financial structure of municipal debt require issuing agencies to <br /> rely heavily upon experienced professional consultants to assist with the process City <br /> staff assembled a team of professionals to assist the City in this transaction All fees <br /> associated with the financing will be paid by the Bonds <br /> 'embers of the 2017 Bond Financing Team and their Roles <br /> Team Member Member Role <br /> PFM Financial Advisor <br /> Meyers Nave Bond Counsel <br /> Financial Advisor. The Financial Advisor ensures that the issuing entity's interests are <br /> protected when the transaction is being structured and when interest rates are <br /> established on the Bonds <br /> Bond Counsel. Drafts the documents required to complete the sale of bonds as well as <br /> ensures that the City complied with all of the legal requirements surrounding municipal <br /> debt <br /> Financing Schedule <br /> The following table presents the financing schedule <br /> Date Description of Activity <br /> 2/7/2017 Council and JPA Authority adopt Resolutions authorizing Bond Issuance <br /> 2/16/2017 Bonds close with interest rate locked and proceeds used to pay the City's <br /> portion of DERWA Project <br /> Submitted by Approved by <br /> / �a <br /> / <br /> Tina Olson Nelson Fialho <br /> Finance Director City Manager <br /> Attachments <br /> 1 Resolution of the Pleasanton Joint Powers Financing Authority <br /> 2 Resolution of the Pleasanton City Council <br /> 3 Installment Sale Agreement <br /> 4 Trust Agreement <br /> 5 Purchase Contract <br /> Page 4 of 4 <br /> i <br />
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