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public offering and distribution of the Bonds, including the fees and disbursements <br /> of counsel retained by it. <br /> <br /> 12. Any notice or other communication to be given to the City under this <br /> Purchase Contract may be given by delivering the same in writing at the City's <br /> address set forth above, and any notice or other communication to be given to the <br /> Underwriter under this Purchase Contract may be given by delivering the same in <br /> writing to Stone & Youngberg, One California Street, Suite 2800, San Francisco, <br /> California, Attention: David Hartley. <br /> <br /> 13. This Purchase Contract is made solely for the benefit of the City and <br /> the Underwriter (including their respective successors and assigns), and no other <br /> person shall acquire or have any right hereunder or by virtue hereof. All of the <br /> City~s representations, warranties and agreements contained in this Purchase <br /> Contract shall remain operative and in full force and effect regardless of: (i) <br /> any investigations made by or on behalf of the Underwriter or (ii) delivery of and <br /> payment for the Bonds pursuant to this Purchase Contract. The agreements contained <br /> in this paragraph and in paragraph 11 shall survive any termination of this <br /> Purchase Contract. <br /> <br /> 14. This Purchase Contract shall become effective upon the execution of the <br /> acceptance hereof by the Mayor of the City, and shall be valid and enforceable as of <br /> the time of such acceptance. <br /> <br /> Very truly yours, <br /> <br /> STONE & YOUNGBERG /~ ~~ <br /> <br />Accepted: <br /> <br />This 1st day of October, 1985 <br /> <br />By <br /> Mayor <br /> <br /> 11 <br /> <br /> <br />