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Housin~ Authority <br /> <br /> The term "Housing Authority" shall mean the Housing <br />Authority of the City of Pleasanton, a public body, corporate and <br />politio, duly'organized and existing under and by virtue of the <br />laws of the State of California. <br /> <br /> The term "Law" means the Housing Authorities Law of the <br />State of California (being Chapter I of Part 2 of Division 24 of <br />the Health and Safety Code of the State of California, as <br />amended) and Article 11 of Chapter 3 of Part I of Division 2 of <br />Title 5 of the Government Code of the State of California, and <br /> <br />all laws amendatory thereof or supplemental thereto. <br /> SECTION 2. PURPOSE <br /> <br /> This agreement is made pursuant to the Act and for the <br />purpose of assisting the City in refinancing public capital <br />improvements, including but not limited to refunding the 1915 Act <br />improvement bonds (the "Prior Obligations") previously issued the <br />City and to pay costs of issuance incurred in connection with the <br />issuance, sale and delivery of the 1993 Series A and B Bonds. <br />The Authority will can7 out such purposes by exercising the <br />powers referred to in the recitals hereof and described in <br />Section 5 heroin. <br /> <br /> SECTION 3. TERM <br /> <br /> Subject to the provisions of Section 16, this Agreement <br />shall become effective as of the date hereof and shall continue <br />in full force and effect until terminated by a supplemental <br />agreement of the Housing Authority and the City; provided, <br /> <br /> <br />