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ATTACHMENT 2 2019 PO transmit All Interim Borrowers -Fully Advanced 2-11-2019 �¢ OF U.S.DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT 11111111*= WASHINGTON,D.C.20410-7000 %4A, VE��Q � DF OFFICE OF THE ASSISTANT SECRETARY FOR COMMUNITY PLANNING AND DEVELOPMENT February 15, 2019 Dear Sir or Madam: Enclosed are documents for the the City of Pleasanton (the"Borrower")that are related to the pending public offering of trust certificates guaranteed under Section 108 of the Housing and Community Development Act of 1974, as amended. The public offering date is firm for March 28, 2019, except for adverse market conditions. The offering will be underwritten by Bank of America Merrill Lynch ("BofAML"), BNY Mellon Capital Markets, LLC, and Wells Fargo Securities, LLC. Capitalized terms used in this letter are more fully defined in the enclosed documents. Even though the public offering will not be held until March 28, 2019, it is necessary that the Department of Housing and Urban Development(HUD) receive the properly completed documents from you by close of business on March 11, 2019. HUD must verify that it has all documents from all Borrowers, and that they are satisfactory, before pricing and before it can execute the Underwriting Agreement. If we do not receive the documents from you by March 11, your note will not be included in the public offering on March 28. This underwritten public offering will be conducted pursuant to legislation which permits HUD to guarantee trust certificates that are backed by a trust composed of notes or other obligations guaranteed under Section 108. Your note will be included in such a trust,together with the notes of other participating Borrowers. Previously executed Note(s)converting from interim financing to permanent, fixed rate financing will be delivered by/on behalf of the Holder to The Bank of New York Mellon, as Trustee, two days before the public offering date and will be held in trust. At closing,the Trustee will issue a single, separate certificate for each Principal Due Date specified in the Note. Each such certificate shall specify the applicable pass-through interest rate, which rate(s) will also be entered in the Schedule P&I attached to the Note for the applicable Principal Due Dates. An interest rate will be established for each trust certificate at pricing by the underwriters one week before the public offering date. Enclosed are a Schedule P&I for your Note(s) and wire transfer instructions in connection with the offering. The Schedule P&I must be executed by an authorized representative of the Borrower [it is preferable, but not required,that documents be signed in blue ink]. The Aggregate Principal Amount of the Note shall be repaid in accordance with the enclosed Schedule P&I. Please verify that the Principal Amounts (payments) shown are correct, as they may not be changed after the offering. Interest will accrue on each Principal Amount at the pass-through interest rate on the related trust certificate,payable on the applicable Interest Due Dates (each February 1 or August 1, beginning August 1, 2019),through the Principal Due Date on the Schedule P&I, which dates correspond to the related distribution dates of payments