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File Number: 17-701 <br />10. Professional Services. The Authorized Officers are hereby authorized to retain, in connection <br />with the issuance of the Refunding Bonds, Kitahata & Company, as municipal advisor, Urban <br />Analytics LLC, as fiscal consultant, and the firm of Jones Hall, A Professional Law Corporation, <br />as bond and disclosure counsel, and to execute professional services agreements with each <br />such firm. Additionally, the selection of U.S. Bank National Association, as trustee for the <br />Refunding Bonds, is hereby confirmed. <br />11. Municipal Bond Insurance and Reserve Fund Insurance Policy. The Authorized Officers, <br />each acting alone, are hereby authorized and directed to take all actions necessary to obtain a <br />municipal bond insurance policy for the Refunding Bonds and a debt service reserve fund <br />insurance policy for the Refunding Bonds from a municipal bond insurance company if it is <br />determined, upon consultation with the Municipal Advisor and the Original Purchaser, that such <br />municipal bond insurance policy and/or debt service reserve fund insurance policy will reduce the <br />true interest costs with respect to the Refunding Bonds. <br />12. Approval of Official Statement. Following approval by the Oversight Board of the issuance <br />of the Refunding Bonds by the Successor Agency and upon submission of the Oversight Board <br />Resolution to the California Department of Finance, the Successor Agency will, with the <br />assistance of Disclosure Counsel, the Fiscal Consultant and the Municipal Advisor, cause to be <br />prepared a form of Official Statement for the Refunding Bonds describing the Refunding Bonds <br />and containing material information relating to the Successor Agency and the Refunding Bonds, <br />the preliminary form of which will be submitted to the Successor Agency for approval for <br />distribution by the Original Purchaser to persons and institutions interested in purchasing the <br />Refunding Bonds. <br />13. Official Actions. The Authorized Officers and any and all other officers of the Successor <br />Agency are hereby authorized and directed, for and in the name and on behalf of the Successor <br />Agency, to do any and all things and take any and all actions, which they, or any of them, may <br />deem necessary or advisable in obtaining the requested approvals by the Oversight Board and <br />the California Department of Finance and in the issuance, sale and delivery of the Refunding <br />Bonds. Whenever in this Resolution any officer of the Successor Agency is directed to execute or <br />countersign any document or take any action, such execution, countersigning or action may be <br />taken on behalf of such officer by any person designated by such officer to act on his or her behalf <br />in the case such officer is absent or unavailable. <br />14. Effective Date. This Resolution shall take effect from and after the date of approval and <br />adoption thereof. <br />The foregoing resolution was passed and adopted by the Successor Agency to the <br />Redevelopment Agency of the City of San Leandro at a regular meeting held on the __________ <br />day of ____________, 2017, by the following vote: <br />Page 5 City of San Leandro Printed on 12/12/2017 <br />515