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Quint & Thimmig LLP 11/20/17 <br /> <br /> <br />18030.06 <br /> <br />$___________ <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 /> <br /> <br /> <br />BOND PURCHASE AGREEMENT <br /> <br /> <br /> <br />_________, 2018 <br /> <br /> <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 /> <br />Ladies and Gentlemen: <br /> <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 /> <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 /> <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 /> <br />487