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12. State of Califor.nia Law Governs. The validity, interpretation and <br />performance of this Purchase Contract shall be governed by the laws of the State of <br />California. <br /> <br />PRUDENTIAL-BACHE SECURITIES, INC. <br /> <br />By: <br />'r'rUe: <br /> <br />Accepted as of the date first stated above: <br /> <br />CITY OF PLEASANTON <br /> <br />(SEAL) <br /> <br />ATTEST .'. ; . <br /> <br /> <br />