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<br />78 <br />entities have adopted policies and procedures relating to continuing disclosure. Among other things, the policy provides that the City and its related entities will periodically review the <br />requirements of, and will remain in compliance with, any continuing disclosure undertakings <br />entered into by them in accordance with the Rule. <br /> MUNICIPAL ADVISOR <br />Kitahata & Company, San Francisco, California (the “Municipal Advisor”), has assisted <br />the City with various matters relating to the planning, structuring and delivery of the 2018 Bonds. <br />The Municipal Advisor is a financial advisory firm and is not engaged in the business of underwriting or distributing municipal securities or other public securities. The Municipal Advisor <br />assumes no responsibility for the accuracy, completeness or fairness of this Official Statement. <br />UNDERWRITING <br />Stifel, Nicolaus & Company, Incorporated (the “Underwriter”), has entered into a bond purchase agreement with the Authority under which it will purchase the 2018 Bonds at a price of <br />$_____________ (equal to the par amount of the 2018 Bonds, plus/less [net] original issue <br />[premium]/[discount] of $____________, and less an Underwriter’s discount of $_____________). <br /> <br />The Underwriter will be obligated to take and pay for all of the 2018 Bonds if any are taken. The Underwriter intends to offer the 2018 Bonds to the public at the offering prices set <br />forth on the inside cover page of this Official Statement. After the initial public offering, the public offering price may be varied from time to time by the Underwriter. <br /> PROFESSIONAL SERVICES <br />In connection with the issuance of the 2018 Bonds, all or a portion of the fees payable to <br />Bond Counsel, Disclosure Counsel, Underwriter’s Counsel, the Municipal Advisor and the <br />Trustee are contingent upon the issuance and delivery of the 2018 Bonds. <br /> <br />MISCELLANEOUS <br />All of the preceding summaries of the Indenture, the Bond Law, other applicable legislation, the Lease, the Site Lease, and other documents are made subject to the provisions <br />of such documents respectively and do not purport to be complete statements of any or all of <br />such provisions. Reference is hereby made to such documents on file with the City for further information in connection therewith. <br /> This Official Statement does not constitute a contract with the purchasers of the 2018 Bonds. Any statements made in this Official Statement involving matters of opinion or <br />estimates, whether or not so expressly stated, are set forth as such and not as representations of fact, and no representation is made that any of the estimates will be realized. <br /> <br />