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10A Action Items 2017 1218
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10A Action Items 2017 1218
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Last modified
12/13/2017 11:33:34 AM
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12/13/2017 11:33:30 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
12/18/2017
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Document Relationships
OB Reso 2017-06 Refunding Bonds
(Reference)
Path:
\City Clerk\Successor Agency Oversight Board
SA Reso 2017-008
(Reference)
Path:
\City Clerk\City Council\Resolutions\2017
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<br /> <br />D-1 <br />EXHIBIT D <br /> <br />FORM OF NOTICE OF DEFEASANCE <br /> <br />$27,530,000 <br />Successor Agency to the <br />Redevelopment Agency of the City of San Leandro <br />Alameda County - City of San Leandro Redevelopment Project <br />Tax Allocation Bonds, Series 2008 <br />Date of Issue: July 24, 2008 <br /> <br />NOTICE IS HEREBY GIVEN, pursuant to the Continuing Disclosure Certificate dated July <br />24, 2008, which was executed and delivered by the Redevelopment Agency of the City of San <br />Leandro (the “Former Agency”) in connection with the issuance and delivery of the captioned <br />bonds (the “Bonds”), and Irrevocable Refunding Instructions dated ________, 2018 from the <br />Successor Agency to the Redevelopment Agency of the City of San Leandro (the “Successor <br />Agency”) to U.S. Bank National Association, as trustee for the Bonds (the “Trustee”), all of the <br />outstanding Bonds been defeased and discharged under and within the meaning of the Indenture <br />of Trust, dated as of July 1, 2008, by and between the Successor Agency, as successor to the <br />Former Agency, and the Trustee, pursuant to which the Bonds were issued. The Bonds that have <br />been defeased consist of the following maturities and amounts: <br /> <br /> <br />Maturity Date <br />(September 1) <br /> <br />Principal <br />Amount <br /> <br />Interest <br />Rate <br />CUSIP <br />Number* <br />(798456) <br />2018 $ 645,000 5.00% CT4 <br />2019 675,000 4.70 CU1 <br />2020 705,000 4.75 CV9 <br />2021 735,000 4.80 CW7 <br />2022 770,000 4.80 CX5 <br />2023 805,000 4.90 CY3 <br />2024 845,000 4.90 CZ0 <br />2025 885,000 5.00 DA4 <br />2026 930,000 5.00 DB2 <br />2027 975,000 5.10 DC0 <br />2028 1,025,000 5.10 DD8 <br />2029 1,080,000 5.20 DE6 <br />2030 1,140,000 5.25 DF3 <br />2031 1,200,000 5.25 DG1 <br />2032 1,270,000 5.25 DH9 <br />2038 9,175,000 5.40 DJ5 <br />____________ <br />* CUSIP® is a registered trademark of the American Bankers Association. CUSIP® data herein is provided by Standard <br />& Poor’s CUSIP Service Bureau. This data is not intended to create a database and does not serve in any way as a <br />substitute for the CUSIP Service Bureau. CUSIP® numbers are provided for convenience of reference only. Neither <br />the Successor Agency nor the Trustee take any responsibility for the accuracy of such numbers. <br /> <br />Funds for the payment of the principal and redemption price of the Bonds on September <br />1, 2018 have been deposited with the Trustee. The sufficiency of the funds and investments for <br />the purpose of paying the principal and redemption price of and interest on the defeased Bonds <br />has been verified by ___________. <br />422
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