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Quint&Thimmig LLP 11/20/17 <br /> SUCCESSOR AGENCY TO THE <br /> REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO <br /> Alameda County-City of San Leandro Redevelopment Project <br /> 2018 Tax Allocation Refunding Bonds <br /> BOND PURCHASE AGREEMENT <br /> /2018 <br /> Successor Agency to the <br /> Redevelopment Agency of the City of San Leandro <br /> 835 East 14th Street <br /> San Leandro,CA 94577 <br /> Ladies and Gentlemen: <br /> Raymond James & Associates, Inc. (the "Underwriter") offers to enter into this Bond <br /> Purchase Agreement (the "Bond Purchase Agreement") with the Successor Agency to the <br /> Redevelopment Agency of the City of San Leandro (the "Successor Agency"), which will be <br /> binding upon the Successor Agency and the Underwriter upon the acceptance hereof by the <br /> Successor Agency. This offer is made subject to its acceptance by the Successor Agency by <br /> execution of this Bond Purchase Agreement and its delivery to the Underwriter on or before <br /> 11:59 P.M.,California time, on the date hereof. <br /> The Successor Agency acknowledges and agrees that: (i) the purchase and sale of the <br /> above-captioned bonds (the "Bonds") pursuant to this Bond Purchase Agreement is an arm's- <br /> length commercial transaction between the Successor Agency and the Underwriter; (ii) in <br /> connection with such transaction, the Underwriter is acting solely as a principal and not as an <br /> agent or a fiduciary of the Successor Agency; (iii) the Underwriter has not assumed a fiduciary <br /> responsibility in favor of the Successor Agency with respect to the offering of the Bonds or the <br /> process leading thereto (whether or not the Underwriter, or any affiliate of the Underwriter,has <br /> advised or is currently advising the Successor Agency on other matters) nor has it assumed any <br /> other obligation to the Successor Agency except the obligations expressly set forth in this Bond <br /> Purchase Agreement, (iv) the Underwriter has financial and other interests that differ from <br /> those of the Successor Agency; and (v) the Successor Agency has consulted with its own legal <br /> and financial advisors to the extent it deemed appropriate in connection with the offering of the <br /> Bonds. <br /> The Successor Agency hereby acknowledges receipt from the Underwriter of disclosures <br /> required by the Municipal Securities Rulemaking Board ("MSRB") Rule G-17 (as set forth in <br /> MSRB Notice 2012-25 (May 7,2012), relating to disclosures concerning the Underwriter's role in <br /> the transaction, disclosures concerning the Underwriter's compensation, conflict disclosures, if <br /> any, and disclosures concerning complex municipal securities financing,if any. <br /> 18030.06 <br />