My WebLink
|
Help
|
About
|
Sign Out
21 ATTACHMENT 3
City of Pleasanton
>
CITY CLERK
>
AGENDA PACKETS
>
2021
>
072021
>
21 ATTACHMENT 3
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/15/2021 2:13:11 PM
Creation date
7/15/2021 1:02:08 PM
Metadata
Fields
Template:
CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
7/20/2021
DESTRUCT DATE
15Y
Document Relationships
21
(Attachment)
Path:
\CITY CLERK\AGENDA PACKETS\2021\072021
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
129
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />89 <br />Underwriter by its Counsel, Stradling Yocca Carlson & Rauth, a Professional Corporation, <br />Newport Beach, California. <br /> <br />Payment of the fees and expenses of Bond Counsel, Disclosure Counsel and the <br />Municipal Advisor is contingent upon issuance of the 2021 Bonds. <br /> <br /> <br />RATING <br /> <br />S&P Global Ratings (“S&P”) has assigned its municipal bond rating of “_____” to the 2021 <br />Bonds.” <br /> <br />The rating reflects only the view of S&P, and any desired explanation of the significance <br />of such rating may be obtained from S&P Global Ratings. Generally, a rating agency bases its <br />rating on the information and materials furnished to it and on investigations, studies and <br />assumptions of its own. <br /> <br />There is no assurance such rating will continue for any given period of time or that such <br />rating will not be revised downward or withdrawn entirely by the rating agency, if in the judgment <br />of S&P, circumstances so warrant. Any such downward revision or withdrawal of such rating may <br />have an adverse effect on the market price of the 2021 Bonds. Except as otherwise required in <br />the Continuing Disclosure Certificate, none of LAVWMA nor any Member undertakes any <br />responsibility either to bring to the attention of the owners of any 2021 Bonds any downward <br />revision or withdrawal of any rating obtained or to oppose any such revision or withdrawal. A <br />rating is not a recommendation to buy, sell or hold securities and may be subject to revision or <br />withdrawal at any time. <br /> <br /> <br />UNDERWRITING <br /> <br />The 2021 Bonds are being sold at purchase price of $________________ (representing <br />the aggregate principal amount of the 2021 Bonds plus an original issue premium of <br />$________________ and less an underwriting discount of $________________) pursuant to a <br />Bond Purchase Agreement (a “Purchase Agreement”) entered into between LAVWMA and <br />theand Stifel, Nicolaus & Company, Incorporated (the “Underwriter”). The Purchase Agreement <br />provides that the Underwriter will purchase all of the 2021 Bonds, if any are purchased, the <br />obligation to make such purchase being subject to certain terms and conditions set forth in the <br />Purchase Agreement, the approval of certain legal matters by counsel and certain other <br />conditions. <br /> <br />The Underwriter will initially offer the 2021 Bonds for sale at the prices and yields set forth <br />on the inside front cover page of this Official Statement. Such prices or yields may subsequently <br />change. The Underwriter reserves the right to join with dealers and other investment banking <br />firms in offering the 2021 Bonds for sale and may offer to sell 2021 Bonds to dealers at prices <br />lower than the initial offering prices. <br /> <br />
The URL can be used to link to this page
Your browser does not support the video tag.