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File Number: 12 -168 <br />4. That the issuance and delivery of the Bonds shall be subject to the approval of and <br />execution by the CMFA of all financing documents relating thereto to which the CMFA is a <br />party and subject to the sale of the Bonds by the CMFA. <br />5. That the payment of the principal, prepayment premium, if any, and purchase price <br />of and interest on the Bonds shall be solely the responsibility of the Borrower. The Bonds <br />shall not constitute a debt or obligation of the City. <br />6. That the officers of the City are hereby authorized and directed, jointly and <br />severally, to do any and all things and to execute and deliver any and all documents which <br />they deem necessary or advisable in order to carry out, give effect to and comply with the <br />terms and intent of this resolution and the financing transaction approved hereby. <br />7. That the Clerk shall forward a certified copy of this Resolution and an originally <br />executed Agreement to the CMFA in care of its counsel: <br />Harriet M. Welch, Esq. <br />Squire, Sanders & Dempsey LLP. <br />555 South Flower St., Suite 3100 <br />Los Angeles, CA 90071 -2300 <br />8. That an original executed Agreement shall be attached to and made a part of this <br />resolution. <br />9. That this Resolution shall take effect from and after the date of its passage and <br />adoption. <br />City of San Leandro Page 3 Printed on 411012012 <br />