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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> RESOLUTION NO. 85-400 <br /> <br /> A RESOLUTION APPROVING, AUTHORIZING AND DIRECTING <br /> EXECUTION OF CERTAIN LEASE FINANCING DOCUMENTS, <br /> AUTHORIZING AND DIRECTING EXECUTION OF A PURCHASE <br /> AGREEMENT, APPROVING A PRELIMINARY OFFICIAL STATEMENT <br /> AND AUTHORIZING AND DIRECTING CERTAIN ACTIONS WITH <br /> RESPECT THERETO <br /> <br />WHEREAS, the City of Pleasanton (the "City') working together <br /> with the Town of Corte Madera, the Cities of Marina, <br /> Newark, Sanger, Santa Cruz and Seaside, and the Martinez <br /> Unified School District (collectively referred to herein <br /> as the "Lessees") and the ABAG Finance Corporation (the <br /> "Corporation"), is proposing to proceed with a joint <br /> lease financing; and <br /> <br />WHEREAS, in connection therewith, the City is proposing to <br /> proceed with lease financing of certain property <br /> described in Exhibit C to the Lease Agreement (as <br /> hereinbelow referred to) (the "Project") and it is in <br /> the public interest and for the public benefit that the <br /> City authorize and direct execution of the Lease <br /> Agreement and other financing documents in connection <br /> therewith; and <br /> <br />WHEREAS, pursuant to the City's authorization, Kelling & Co., <br /> Inc. (the "Underwriter"), has prepared and presented to <br /> the City a preliminary official statement containing <br /> information material to the offering and sale of the <br /> Certificates of Participation described below (the <br /> "Preliminary Official Statement"); and <br /> <br />WHEREAS, the documents below specified have been filed with the <br /> City, and the members of the City Council, with the aid <br /> of its staff, bare reviewed sai.~J lega~ documents and <br /> Preliminary Official Statement; <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON <br />RESOLVES AS FOLLOWS: <br /> <br />Section 1: The below-enumerated documents be and are hereby <br /> approved, and the City Manager or Finance Director is <br /> hereby authorized and directed to execute said <br /> Agreements, with such changes, insertions and omissions <br /> as may be approved by such official, and the City Clerk <br /> is hereby authorized and directed to attest to such <br /> official's signature: <br /> <br /> a. a lease agreement, relating to the Project, between <br /> the Corporation, as lessor, and the City, as lessee <br /> <br /> - 1 - <br /> <br /> <br />