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File Number: 15-484 <br />WHEREAS, pursuant to Section 147(f) of the Code, the City of San Leandro has, <br />following notice duly given, held a public hearing regarding the issuance of the Bonds, and <br />now desires to approve the issuance of the Bonds by the CMFA; <br />NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as <br />follows: <br />1.That the City Council hereby finds and determines that the foregoing recitals are <br />true and correct. <br />2.That the City Council hereby approves the issuance of the Bonds with respect to <br />the Project by the CMFA in the not to exceed amount set forth above. It is the purpose and <br />intent of the City Council that this resolution constitute approval of the issuance of the Bonds <br />by the CMFA only for the purposes of (i) Section 147(f) of the Code by the applicable elected <br />representative of the governmental unit having jurisdiction over the area in which the Project <br />will be located, in accordance with said Section 147(f), and (ii) Section 4 of the Agreement. <br />3.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 />4.That this Resolution shall take effect from and after the date of its passage and <br />adoption. <br />Page 2 City of San Leandro Printed on 9/2/2015