RES 85128 - Laserfiche WebLink

$4,481,459 CITY OF PLEASANTON ~PROVZ}~T BONDS ASSESSMENT DISTRICT 1984-2 STONERIDGE BUSINESS CENTER DISTRICT (AIAMEDA COUNTY, CALIFORNIA) March 12, 1985 City Council City of Pleasanton 200 BernalAvenue Pleasanton, California 94566 Dear Members of the City Council: The undersigned, Imperial Securities Corporation (hereinafter called the "Underwriter"), offers to enter into the following agreement with the City of Pleasanton (hereinafter scmetimes called the "City"), which, upon the City's acceptance of this offer, will be binding upon the City and upon the Underwriter. This offer is made subject to the City's acceptance of this Purchase Contract on or before 9:00 p.m.P.S.T., or as soon thereafter as possible, on March 12, 1985, and, if not so accepted, will be subject to withdrawal by the Underwriter upon written notice delivered to the City at any time prior to the acceptance hereof by the City. 1. Upon the terms and conditions, and upon the basis of representations set forth herein, the Underwriter hereby agrees to purchase from the City, and the City hereby agrees to sell and deliver to the Underwriter, $4,481,459 aggregate principal amount of the City of Pleasanton Improvement Bonds, Assessment District 1984-2, Stoneridge Business Center District (hereinafter called the "Bonds"). The Bonds shall be dated March 28, 1985, and shall have the maturities and bear interest at the rates per annum shown on Exhibit A hereto, such interest being payable semiannually on January 2 and July 2, c~i~iiencing January 2, 1986. The purchase price for the Bonds shall be $4,300,998 plus interest, if any, accrued on the Bonds from Marc21 28, 1985, to the date of the payment for and delivery of the Bonds pursuant to paragraph 9 hereof (such payment for and delivery of the Bonds, and the other actions conteplated hereby to take place at the time of such payment and delivery, is herein sametimes called the "Closing"). 2. The Preliminary Offering Memorandum, including the cover page and appendices thereto, of Imperial Securities Corporation, dated March 12, 1985, relating to the Bonds (the Preliminary Offering Memorandum), as amended to conform to the terms of this Purchase Contract, including Exhibit A hereto, and with such other changes and amendments as are mutually agreed to by the City and the Underwriter, is hereinafter called the "Offering Memorandum".