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10B Action 2014 0616
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10B Action 2014 0616
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6/30/2014 10:00:25 AM
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6/11/2014 10:56:24 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
6/16/2014
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PowerPoint 10B Action 2014 0616 Tax Allocation Bonds
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2014\Packet 2014 0616
SA Reso 2014-002
(Reference)
Path:
\City Clerk\City Council\Resolutions\2014
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A-1 <br />EXHIBIT A <br />(FORM OF BOND) <br />UNITED STATES OF AMERICA <br />STATE OF CALIFORNIA <br />COUNTY OF ALAMEDA <br />SUCCESSOR AGENCYTO THE REDEVELOPMENT AGENCY OF THE CITY OF SAN <br />LEANDRO <br />2014SUBORDINATE TAX ALLOCATION REFUNDINGBOND <br />(REDEVELOPMENT PROJECTS) <br />INTEREST RATE:MATURITY DATE: DATED DATE:CUSIP: <br />________1, ________________, 2014 <br />REGISTERED OWNER: CEDE & CO. <br />PRINCIPAL SUM:DOLLARS <br />The SUCCESSOR AGENCYTO THE REDEVELOPMENT AGENCY OF THE CITY OF <br />SAN LEANDRO, a public entity, duly createdand existing under and by virtue of the laws of the <br />State of California (the "Successor Agency"), for value received hereby promises to pay to the <br />Registered Owner stated above, or registered assigns (the "Registered Owner"), on the Maturity <br />Date stated above(subject to any right of prior redemption hereinafter provided for), the <br />Principal Sum stated above, in lawful money of the United States of America, and to pay interest <br />thereon in like lawful money from the Interest Payment Date (as hereinafter defined) next <br />preceding the date of authentication of this Bond, unless (i) this Bond is authenticated on or <br />before an Interest Payment Date and after the close of business on the fifteenth (15th) day of <br />the month immediately preceding an Interest Payment Date (the "Record Date"), in which event <br />it shall bear interest from such Interest Payment Date, or (ii) this Bond is authenticated on or <br />before February 15, 2015, in which event it shall bear interest from the Dated Date above; <br />provided however, that ifat the time of authentication of this Bond, interest is in default on this <br />Bond, this Bond shall bear interest from the Interest Payment Date to which interest has <br />previously been paid or made available for payment on this Bond, until payment of such <br />Principal Sum in full, at the Interest Rate per annum stated above, payable semiannually on <br />March1andSeptember1in each year, commencing March 1, 2015(each an "Interest Payment <br />Date"), calculated on the basis of 360-day year comprised of twelve 30-day months. Principal <br />hereof and premium, if any, upon early redemption hereof arepayable upon surrender of this <br />Bond at the principal corporate trust office of U.S. Bank National Association, St. Paul, <br />Minnesota,as trustee (the "Trustee"), or at such other place as designated by the Trustee (the <br />"Corporate Trust Office"). Interest hereon (including the final interest payment upon maturityor <br />earlier redemption hereof) is payable by check of the Trustee mailed by first class mail, postage <br />prepaid, on the Interest Payment Date to the Registered Owner hereof at the Registered
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