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10A Action Items 2018 1105
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10A Action Items 2018 1105
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Last modified
10/30/2018 7:09:23 PM
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10/30/2018 7:09:16 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
11/5/2018
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PERM
Document Relationships
PFA Reso 2018-002
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2018
Reso 2018-135
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2018
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<br />1 <br />__________________________________ <br /> OFFICIAL STATEMENT <br />__________________________________ <br /> <br />$__________∗ SAN LEANDRO PUBLIC FINANCING AUTHORITY <br />2018 Lease Revenue Bonds <br /> INTRODUCTION <br />This introduction is not a summary of this Official Statement. It is only a brief description <br />of and guide to, and is qualified by, more complete and detailed information contained in the entire Official Statement, including the cover page and appendices, and the documents <br />summarized or described in this Official Statement. A full review should be made of the entire <br />Official Statement. The offering to potential investors is made only by means of the entire Official Statement. <br />Capitalized terms used but not defined in this Official Statement have the meanings set forth in the Indenture (as defined below). See “APPENDIX B – SUMMARY OF PRINCIPAL <br />LEGAL DOCUMENTS.” <br />Authority for Issuance. The San Leandro Public Financing Authority (the “Authority”) is issuing its 2018 Lease Revenue Bonds (the “2018 Bonds”) under the following legal <br />authority: <br />• Article 4 of Chapter 5, Division 7, Title 1 of the Government Code of the State of California (the “State”), commencing with Section 6584 of said Code (the “Bond <br />Law”), <br />• an Indenture of Trust dated as of December 1, 2016, as supplemented and amended pursuant to a First Supplemental Indenture of Trust dated as of <br />December 1, 2018, each by and between the Authority and U.S. Bank National <br />Association, as trustee (the “Trustee”) (as so supplemented and amended, the “Indenture”), <br /> <br />• a resolution adopted by the Board of Directors (the “Board”) of the Authority on <br />[November 5, 2018] (the “Authority Resolution”), and <br /> <br />• a resolution adopted by the City Council (the “City Council”) of the City of San <br />Leandro (the “City”) on [November 5, 2018] (the “City Resolution”). <br />Form of Bonds; Book–Entry Only. The 2018 Bonds will be issued in fully registered form, registered in the name of The Depository Trust Company (“DTC”), or its nominee, which will act as securities depository for the 2018 Bonds. Purchasers of the 2018 Bonds will not <br />receive certificates representing the 2018 Bonds that are purchased. See “THE 2018 BONDS – <br /> <br />∗ Preliminary; subject to change.
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