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CITY OF PLEASANTON <br /> <br /> RESOLUTION NO. 93-89 <br /> <br /> RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br /> PLEASANTON APPROVING AND CONFIRMING THE REPORT ON <br /> THE LEVY OF REASSESSMENTS AND THE REFUNDING OF ITS <br /> 1915 ACT IMPROVEMENT BONDS <br /> <br /> (Consolidated Reassessment Districts No. 1993-1, <br /> 1993-2, 1993-3 and 1993-4) <br /> <br />WHEREAS, the City Council of the City of Pleasanton <br />(the "City"), by proceedings duly had and taken, duly provided <br />for the issuance of the fifteen (15) separate series of special <br />assessment improvement bonds listed in Exhibit A of this <br />resolution (the "Original Bonds"), under and pursuant to the <br />conditions and terms of the Improvement Bond Act of 1915, being <br />Division 10 of the California Streets and Highways Code (the <br />"1915 Act"), the unmatured portion of which is now outstanding; <br />and <br /> <br /> WHEREAS, this City Council has determined to issue <br />refunding bonds (the "Refunding Bonds") for the purpose of <br />refunding the unmatured portion of the Original Bonds under and <br />pursuant to the conditions and terms of the Refunding Act of 1984 <br />for 1915 Improvement Act Bonds, being Division 11.5 of the <br />California Streets and Highways Code (the "1984 Act"), and to <br />provide for the levy and collection of reassessments as security <br />for the Refunding Bonds; and <br /> <br /> WHEREAS, the City Council referred the matter of the <br />refunding of the Original Bonds and the levy and collection of <br />reassessments as security for the Refunding Bonds to the Director <br />of Public Works of the City, as the qualified engineer retained <br /> <br />SF2-18744.1 <br /> <br /> <br />