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<br />2 <br /> <br /> <br />OFFICIAL STATEMENT <br /> <br /> <br /> <br />SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY <br />OF THE CITY OF SAN LEANDRO <br />$_____________* <br />ALAMEDA COUNTY - CITY OF SAN LEANDRO <br />REDEVELOPMENT PROJECT <br />TAX ALLOCATION REFUNDING BONDS, SERIES 2018A <br />$_____________* <br />ALAMEDA COUNTY - CITY OF SAN LEANDRO <br />REDEVELOPMENT PROJECT <br />TAX ALLOCATION REFUNDING BONDS, SERIES <br />2018B (FEDERALLY TAXABLE) <br /> <br />INTRODUCTION <br /> <br />This Official Statement, including the cover page, is provided to furnish information in <br />connection with the sale by the Successor Agency to the Redevelopment Agency of the City of <br />San Leandro (the “Successor Agency”) of the Successor Agency to the Redevelopment <br />Agency of the City of San Leandro Alameda County - City of San Leandro Redevelopment <br />Project Tax Allocation Refunding Bonds, Series 2018A (the “2018A Bonds”) and the Successor <br />Agency to the Redevelopment Agency of the City of San Leandro Alameda County - City of San <br />Leandro Redevelopment Project Tax Allocation Refunding Bonds, Series 2018B (Federally <br />Taxable) (the “2018B Bonds” and together with the 2018A Bonds, the “2018 Bonds”). <br /> <br />Authority and Purpose <br /> <br />The Successor Agency is issuing the 2018 Bonds pursuant to authority granted by <br />Part 1 (commencing with Section 33000) and Part 1.85 of Division 24 (commencing with Section <br />34170) of the California Health and Safety Code (the “Law”), Article 11 (commencing with <br />Section 53580) of Chapter 3 of Part 1 of Division 2 of Title 5 of the Government Code of the <br />State of California (the “Refunding Law”) and an Indenture of Trust dated as of _______ 1, <br />2018 (the “Indenture”) by and between the Successor Agency and U.S. Bank National <br />Association, as trustee (the “Trustee”). See “THE 2018 BONDS – Authority for Issuance.” <br /> <br />The Successor Agency is issuing the 2018 Bonds in order to defease and optionally <br />redeemed the Redevelopment Agency of the City of San Leandro Alameda County - City of San <br />Leandro Redevelopment Project Tax Allocation Bonds, Series 2008 (the “Prior Bonds”), which <br />were initially issued by the Redevelopment Agency of the City of San Leandro (the “Former <br />Agency”) in the principal amount of $27,530,000, and are currently outstanding in the principal <br />amount of $_________. <br /> <br />The proceeds of the Prior Bonds were used to fund certain redevelopment activities of <br />benefit to property within the Alameda County - City of San Leandro Project Area (the “Project <br />Area”) of the Former Agency. <br /> <br />The remaining proceeds of the 2018 Bonds will be used to pay the costs of issuing the <br />2018 Bonds, including the premium on a debt service reserve fund surety bond (the “2018 <br />Reserve Policy”) issued by _______ (the “2018 Reserve Insurer”). <br /> <br /> <br />* Preliminary; subject to change. <br />107