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RES 83538
City of Pleasanton
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1983
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RES 83538
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10/19/2012 12:22:02 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
12/6/1983
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denominations, form, reEistration privileges, manner <br />of execution, place of payment, terms of redemmtion <br />and other terms of the Bonds shall be as provided in <br />the Indenture as finally executed. <br /> <br />Section 4: The proposed form of letter of credit agreement <br /> (the "LC Agreement") among the City, the Trustee, <br /> First Nationwide Savings, A Federal Savings and Loan <br /> Association (the "Credit Institution"), and 700 ~arket <br /> Associates XV, a general partnership (the "Owner"), in <br /> substantially the form presented to this meeting, is <br /> hereby approved. The proper officers of the City, <br /> including the Mayor, City Clerk or City ~anager, are <br /> hereby authorized and directed for and in the name of <br /> and on behalf of the City, to execute and deliver the <br /> LC Agreement in substantially said form, with such <br /> additions thereto or changes therein as are recommended <br /> or approved by such proper officers upon consultation <br /> with the City Attorney and Bond Counsel to the City <br /> including such additions or chan%es as are necessary <br /> or advisable in accordance with the last sentence of <br /> Section 11, the approval of such changes to be con- <br /> clusively evidenced by the execution and delivery of <br /> said LC Agreement. <br /> <br />Section <br /> <br />5: The proposed form of origination and servicing <br /> agreement (the "Origination Agreement") among the City, <br /> the Trustee, the Credit Institution, and the Owner, <br /> in substantially the form presented to this meeting, <br /> is hereby approved. The proper officers of the City, <br /> including the Mayor, City Clerk or City Manager are <br /> hereby authorized and directed, for and in the name <br /> and on behalf of the City, to execute and deliver the <br /> Origination Agreement in substantially said form, <br /> with such additions thereto or changes therein as are <br /> recommended or approved by such proper officers upon <br /> consultation with the City Attorney and Bond Counsel <br /> to the City including such additions or changes as <br /> are necessary or advisable in accordance with the last <br /> sentence of Section 11, the approval of such additions <br /> or changes to be conclusively evidenced by the execution <br /> and delivery of said Origination Agreement. The selection <br /> of the Credit Institution and of the Owner and the <br /> allocation thereto of the moneys to be made available <br /> by the sale of the Bonds is hereby approved, and is <br /> found to be made on a fair and equitable basis con- <br /> sidering the public purposes of the Program and the <br /> requirements of the City and the Program. <br /> <br />Section 6: The proposed form of regulatory agreement (the <br /> "Regulatory Agreement") among the City, the Trustee <br /> and the Owner, in substantially the form presented to <br /> this meeting, is hereby approved. The proper officers <br /> of the City, including the Mayor, City Clerk or the <br /> <br />-3- <br /> <br /> <br />
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