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<br />2 <br />LAVWMA receives treated wastewater from the Members and does not itself treat wastewater or <br />own or operate any wastewater treatment facilities. <br /> <br />LAVWMA Enterprise. The principal facility of LAVWMA is a 16-mile pipeline that <br />transports treated wastewater from the LAVWMA export pump station in Pleasanton to the East <br />Bay Dischargers Authority (“EBDA”) pipeline in San Leandro pursuant to an agreement between <br />LAVWMA and EBDA (referred to as the “EBDA Agreement”). Proceeds of revenue bonds issued <br />by LAVWMA in 2001, which were refinanced with the proceeds of the 2011 Bonds, financed (i) <br />an export pumping and pipeline expansion that increased the total design capacity of the <br />LAVWMA Enterprise from 21 million gallons per day (“mgd”) peak wet weather flow (“PWWF”) to <br />41.2 mgd PWWF (the “LAVWMA Expansion Project”) and (ii) a significant rehabilitation of the <br />existing pipeline between Pleasanton and Castro Valley (the “Rehabilitation Project”). <br /> <br />LAVWMA provides service to the Members pursuant to a Second Amended and Restated <br />Sewer Service Contract dated as of August 1, 2021 (the “Sewer Service Contract”) as well as <br />other contracts described in “THE LIVERMORE-AMADOR VALLEY WATER MANAGEMENT <br />AGENCY.” <br /> <br />Because each Member’s obligation to pay for the LAVWMA Expansion Project is different <br />from its obligation to pay for the Rehabilitation Project, the Sewer Service Contract distinguishes <br />between “Expansion Project Bonds” and “Rehabilitation Project Bonds”. See “-Security for the <br />2021 Bonds” below. <br /> <br />Refunding Plan <br /> <br />The 2011 Bonds are subject to optional redemption at a redemption price equal to the <br />outstanding principal amount, without premium, plus interest accrued to the redemption date. See <br />“REFUNDING PLAN.” <br /> <br />The Members <br /> <br />DSRSD. DSRSD is a special district located in Alameda and Contra Costa Counties that <br />provides water and wastewater service in the City of Dublin, wastewater service in the City of San <br />Ramon and, under a contract defined in the Sewer Service Contract as the “Regional <br />Agreement,” wastewater treatment and disposal service to Pleasanton. See “DUBLIN SAN <br />RAMON SERVICES DISTRICT - Rates and Charges.” The wastewater service area of DSRSD <br />has a population of approximately 188,000 (including 78,371 people in Pleasanton). DSRSD <br />provides wastewater service to 75,296 dwelling unit equivalents (“DUEs”) (including treatment for <br />36,793 Pleasanton DUEs). DSRSD provides wastewater collection and treatment to 38,503 DUEs <br />in the cities of Dublin and San Ramon. <br /> <br />Pleasanton. Pleasanton is a city within Alameda County with a population of 78,371 as <br />of January 1, 2021. Pleasanton provides wastewater collection to 36,793 DUEs within <br />Pleasanton. Pleasanton is a customer of DSRSD’s Sewer System, and its primary obligation <br />under the Sewer Service Contract is to levy on users of its Sewer System the Regional Service <br />Charges, the Regional Capacity Reserve Buy-In Fees and the Regional Capacity Reserve Fees <br />established by DSRSD. <br /> <br />Livermore. Livermore is a city within Alameda County with a population of 91,216 as of <br />January 1, 2021. Livermore provides wastewater collection and treatment service to 39,024 DUEs <br />within Livermore.