RES 88015 - Laserfiche WebLink

in connection with the Bonds; and any other expenses not specifically enumerated in paragraph (b) of this section incurred in connection with the issuance of the Bonds. (b) Whether or not the Bonds are delivered to the Underwriter as set forth herein, the City shall be under no obligation to pay, and the Underwriter shall pay, all' ex enses paid or incurred to qualify the Bonds for sale under any "blue sky" laws; and all ot~eer expenses paid or incurred by the Underwriter in connecuon with its offering and distribution of the Bonds not specifically enumerated in paragraph (a) of this section, including the fees and disbursements of its counsel. 4. Notic¢~. Any notice or other communication to be given to the City under this Purchase Contract may be given by delivering the same in writin to the City Manager of the City at the address set forth hereinabove; and any notice or ot~er communication to be given to the Underwriter under this Purchase Contract may be given by delivering the same in writing, to Miller & Schroeder Financial, Inc., 50 California Street, Suite 2545, San Francisco, Cahfornia 94111, Attention: Emily E. Wagner, Vice President. 5. Parties in IntereSt. This Purchase Contract is made solely for the benefit of the City and the Underwriter (including successors or assignees) and no other person, inclu.ding but not limited to any owner of land within the Local Assessment District, shall acqmre or have any right hereunder or by virtue hereof. 6. Survival of Re re~en~;ati0n~ and WarrantieS. The representations and warranties of the City, set forte in or made ursuant to this Purchase Contract, shall not be deemed to have been dischar ed, satis~e~Por otherwise rendered void by reason of the Closing or termination of this ~urchase Contract and regardless of any investigations made by or on behalf of the Underwriter (or statements as to the results of such investigations) concerning such representations and statements of the City and regardless of dehvery of and payment for the Bonds. 7. Offering by Underwriter. It is understood that the Underwriter proposes to offer the Bonds for sale to the public which may include selected dealers) as set forth in the Official Statement. Concessions trom the public offering price ma be allowed .to selected dealers. It is understood that the initial public offering price an~concessions set forth in the Official Statement may vary after the initial pubhc offering. It is further understood that the Bonds may be offered to the public at rices other than the par value thereof. The net premium on the sale of the Bonds, if any, sEall accrue to the benefit of the Underwriter. The City hereby confirms the authority and use by the Underwriter of the Official Statement. 8. Time. Time shall be of the essence of this Agreement. 9. Counterparts. This Agreement may be executed in any number of counterparts.