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issuance of the Refunding Bonds under the 1984 Act as hereinafter <br />authorized and provided do exist, have happened and have been <br />performed in due time, form and manner as required by the 1984 <br />Act and all other applicable laws, and the City is now authorized <br />pursuant to each and every requirement of law to issue the <br />Refunding Bonds in the manner and form as provided in this <br />resolution. <br /> <br /> Section 3. The Refunding Bonds shall be issued upon <br />and shall represent and shall be secured by said reassessments in <br />accordance with the provisions of the 1984 Act to provide means <br />for refunding the Original Bonds, including payment of all costs <br />of issuing the Refunding Bonds. The Refunding Bonds shall be <br />issued as hereinafter set forth and shall be known as the "City <br />of Pleasanton Limited Obligation Refunding Bonds, Consolidated <br />Reassessment District 1993-1." The Refunding Bonds shall be <br />issued as fully registered bonds, shall be of the denomination of <br />$5,000 or any integral multiple of $5,000 (except possibly for <br />the first numbered Refunding Bond, which shall be an odd amount <br />if the aggregate principal amount is not evenly divided by <br />$5,000), as determined by the registered owners thereof (not <br />exceeding the principal amount of Refunding Bonds maturing at any <br />one time), shall be dated July 15, 1993 (which is hereby fixed <br />and determined to be the date of issue of the Refunding Bonds), <br />and shall mature and bear interest as hereinafter provided in <br />Section 14; provided, that for the period during which the <br />Authority is the registered owner of the Refunding Bonds, the <br />entire issue may be represented by a single, fully registered <br /> <br />SF2-18846.1 5 <br /> <br /> <br />