Laserfiche WebLink
minutes of this meeting, and the Mayor and the City Clerk are <br /> authorized and directed to execute and deliver a lease in <br /> substantially said form. <br /> <br /> 6. The City shall pay the amount of 0~ }~I~qDRED TWE~FY-O~ <br />~IOUS~© ~'R~EE }~%qDRED N]I~ETY-FOL~ <br />AND N0/10Crl]~ DOLLARS ($121,394.00 ) semiannually, on <br /> <br /> or before the dates set forth in said facility lease, to the <br /> Corporation as base rental under Section 3(a) of said <br /> facility lease, and in addition shall pay such amounts as are <br /> required for the payment of additional rental under <br /> <br /> Section 3(b) of said facility lease. The Mayor and the City <br /> Clerk are authorized and directed to execute and deliver a <br /> lease in substantially the form heretofore approved by this <br /> City Council pursuant to Ordinance No. 1045, with the <br /> insertion of the rental figure heretofore set forth. <br /> <br /> 7. The form of indenture, dated as of <br /> <br />September 1, 1982, proposed to be entered into by the <br />Corporation and Bank of America National Trust and Savings <br />Association, as trustee, submitted to this City Council, and <br />the City of Pleasanton Public Facilities Corporation Bonds of <br />Series A in an aggregate principal amount of $1,875,0OO, <br />proposed to be issued by the Corporation under said <br />indenture, are hereby approved. The proposed sale of said <br />bonds by the Corporation at the interest rates set forth in <br />said indenture, to the lowest competitive bidder therefor, is <br />hereby approved. The City Clerk is directed to file a copy <br />of said proposed indenture with the minutes of this meeting. <br /> <br />5 <br /> <br /> <br />