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ATTACHMENT#1 Government Leasing and Finance, Inc. September 16,2021 City of Pleasanton,CA At your request,U.S. Bancorp Government Leasing and Finance,Inc.("USBGLF")has prepared for your consideration the following proposal for financing("Proposal"). This is only a proposal and does not represent a commitment by U.S. Bancorp Government Leasing and Finance,Inc. Lessor: U.S. Bancorp Government Leasing and Finance,Inc. Lessee: City of Pleasanton, C.4 Equipment: Two(2)John Deere Mowers Expiration: 60 days from proposal date Proposed Structure and Payment Options: Cost Interest Rate Payment Pmts/Yr Term Adv/Arr $151,273.23 1.94% $7,954.46 4 60 months Arrears Notes: There are no fees associated with this offer,including a U.S. Bank,N.A.escrow account. Prepayment is permitted after 13 months at 103%of remaining principal. The Lease will be structured as a tax-exempt municipal lease,with title in the Lessee's name and USBGLF holding a security interest in the equipment during the term.The lease is"triple-net"with the Lessee responsible for taxes,maintenance and insurance. Documentation will be provided by USBGLF,including(i)standard representations,warranties and covenants by the Lessee pertaining to the accuracy of information,organization,authority,essential use,compliance with laws,pending legal action,location and use of collateral, insurance,financial reporting and financial covenants;and(ii)standard USBGLF provisions pertaining to events of default and remedies available upon default. This offer is subject to the execution of all documentation by the Lessee within a reasonable time and in form and substance acceptable to Lessee,USBGLF and USBGLF's counsel,including terms and conditions not outlined in this Proposal. This Proposal is conditioned on there being no material adverse change in the financial condition of the Lessee. Additionally,the terms and conditions outlined herein are subject to final review and approval(including collateral and essential use review)by USBGLF's business, legal,credit,and equipment risk management personnel. Sincerely, n aD� f-77e rva.r.& %'(cvli6 Francine Neville Internal Sales Representative P: 720-391-7243 Email: francine.neville@usbank.com Mbank.