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<br />3 <br />“2018 Bonds” means the $_______ aggregate principal amount of San Leandro Public <br />Financing Authority 2018 Lease Revenue Bonds authorized by and at any time Outstanding <br />under this Indenture. <br /> <br />“2018 Costs of Issuance Fund” means the fund by that name established and held by <br />the Trustee under Section 13.05. <br /> <br />For clarity, because all Lease Payments have been assigned to the Trustee under the <br />Indenture, the definition of “Revenues” shall include all Lease Payments payable under the <br />Lease, as amended in connection with the issuance of the 2018 Bonds, without regard to the <br />exclusion set forth in clause (i) thereof. <br /> <br />ARTICLE XIII <br /> <br />THE 2018 BONDS <br /> <br />SECTION 13.01. Authorization of 2018 Bonds. The Authority has reviewed all <br />proceedings heretofore taken and has found, as a result of such review, and hereby finds and <br />determines that all things, conditions and acts required by law to exist, happen or be performed <br />precedent to and in connection with the issuance of the 2018 Bonds do exist, have happened <br />and have been performed in due time, form and manner as required by law, and the Authority is <br />now duly empowered, under each and every requirement of law, to issue the 2018 Bonds in the <br />manner and form provided in this Indenture. <br /> <br />The Authority hereby authorizes the issuance of the 2018 Bonds in the aggregate <br />principal amount of $_________ under the Bond Law for the purposes of providing funds to pay <br />the portion of the Site Lease Payment due to the City on the Closing Date for the 2018 Bonds. <br />The 2018 Bonds are authorized and issued under, and are subject to the terms of, this <br />Indenture and the Bond Law. The 2018 Bonds are designated the “San Leandro Public <br />Financing Authority 2018 Lease Revenue Bonds.” <br /> <br />SECTION 13.02. Terms of the 2018 Bonds. <br /> <br />(a) Payment Provisions. The 2018 Bonds shall be issued in fully registered form <br />without coupons in denominations of $5,000 or any integral multiple thereof, so long as no 2018 <br />Bond has more than one maturity date. The 2018 Bonds shall mature on November 1 in each <br />of the years and in the amounts, and bear interest (calculated on the basis of a 360-day year of <br />twelve 30-day months) at the rates, as follows: <br /> <br />Maturity Date <br />(November 1) <br /> <br />Principal Amount <br /> <br />Interest Rate <br /> $ % <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />