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(b) a Preliminary Official Statement, describing the <br /> proposed refunding plan in general and both the Refunding <br /> Bonds and the related Authority reassessment revenue bonds <br /> in particular; and <br /> <br /> (c) a Refunding Escrow Agreement, between the City and <br /> Bank of America, NT&SA (the "Escrow Agent"), pursuant to <br /> which federal securities (and nominal amounts of cash) will <br /> be acquired and deposited in escrow with the Escrow Agent to <br /> the implement the redemption of the Prior Bonds on <br /> September 2, 1993, or January 2, 1994, or September 2, 1994 <br /> as the case may be; and <br /> <br /> WHEREAS, being fully advised in the matter of the <br />proposed refunding plan, this City Council wishes to proceed with <br />implementation of said proposed refunding plan; <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of <br />the City of Pleasanton, as follows: <br /> <br /> Section 1. The foregoing recitals are true and <br />correct, and this City Council so finds and determines. <br /> <br /> Section 2. The form and substance of the Bond Purchase <br />Agreement is hereby approved. The Bond Purchase Agreement makes <br />reference to Exhibit B to be attached thereto to set forth and <br />establish both the maturity schedule and the interest rates for <br />the four (4) separate series of Refunding Bonds, as well as <br />Exhibit A to be attached thereto to set forth and establish both <br />the maturity schedule and the interest rates for the two (2) <br />separate series of the Authority reassessment revenue bonds. <br />This City Council hereby authorizes the City Manager of the City <br /> <br />SF2-18847.1 2 40482-19-SS4-07/20/93 <br /> <br /> <br />