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Bonds "), but only in such cases where federal tax laws would not require additional public hearings, consideration or approval by the City Council; and WHEREAS, it is intended that this resolution shall constitute the approval of the issuance of the Bonds required by Section 147()) of the Code and Section 9 of the Agreement; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN LEANDRO AS FOLLOWS: Section 1. The above recitals are true and correct. Section 2. The City Council hereby approves the issuance of the Bonds and the Refunding Bonds by the Authority. It is the purpose and intent of the City Council that this resolution constitute approval of the Bonds for the purposes of (a) Section 147()) of the Code and (b) Section 9 of the Agreement. Section 3. The officers of the City are hereby authorized and directed, jointly and severally, to do any and all things and to execute and deliver any and all documents that they deem necessary or advisable in order to carry out, give effect to and comply with the terms and intent of this resolution and the financing approved hereby. Section 4. The City Clerk shall forward a certified copy of this Resolution and a copy of the affidavit of publication of the hearing notice to: Justin Cooper, Esq. Orrick, Herrington & Sutcliffe LLP 405 1- Ioward Street San Francisco, California 94105 Section 5. This resolution shall take effect immediately upon its passage. Introduced by Councilmember Reed and passed and ADOPTED by the City Council of the City of San Leandro at a regular meeting of said City Council held on the 7th day of September, 2010, by the following vote: Members of the Council: AYES: Councilmembers Gregory, Prola, Reed, Souza, Starosciak; Mayor Santos (6) NOES: None (0) ABSENT: Councilmember Stephens (I) Co ATTEST: fi.�LC L1 `j- I CU1A(,+` e1/4. Marian Handa, City Clerk RESOLUTION NO. 2010 -105 2