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exceed $10,665,000 1987 Certificates of Participation for <br />Capital Projects I and II among the City, the Corporation and <br />Bank of America National Trust and Savings Association, as <br />trustee, a form of agency agreement relating to Capital <br />Projects I and II between the City and the Corporation, and a <br />form of deed of gift relating to Capital Project II from the <br />Corporation, as grantor, to the City, as grantee, have been <br />submitted to this City Council; and <br /> <br /> WHEREAS, a form of preliminary official statement <br />prepared by Rauscher Pierce Refsnes, Inc. as underwriter, <br />describing certificates of participation in rental payments to <br />be made by the City for the lease of Capital Projects I and II <br />has been submitted to this City Council; <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council <br /> of the City of Pleasanton, as follows: <br /> <br /> 1. All of the recitals herein contained are true <br /> and correct and this City Council so finds. <br /> <br /> 2. The construction bid of S.J. Amoroso <br /> Construction Co., Inc., Foster City, California, consisting of <br /> the base bid, in the amount of $3,435,000, for the <br /> construction of Capital Project I, being the lowest <br /> responsible construction bid therefor, is hereby approved, and <br /> the City Manager be and he is authorized and directed to <br /> request the Corporation to award the construction contract to <br /> S.J. Amoroso Construction Co., Inc. contingent upon <br /> accomplishment of the financing of said construction. <br /> <br /> 3 <br /> 1550S <br /> <br /> <br />