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<br />2 <br />of Debt to finance the acquisition and construction of the Facilities. The public hearing will be <br />held in the City Council Chambers in the San Leandro City Hall, 835 East 14th Street, San <br />Leandro, California 94577, with electronic and telephonic access provided as set forth in the <br />agenda for the meeting. At the public hearing, any persons interested, including all taxpayers, <br />property owners, and registered voters (if any) within the CFD, may appear and be heard on the <br />proposed Debt or on any other matters set forth in this resolution, and they may present any matters <br />relating to the necessity for incurring Debt to finance the acquisition and construction of the <br />Facilities. The public hearing may be continued from time to time. <br /> <br />SECTION 5. The Clerk shall give notice of the time and place of the public <br />hearing by publishing once in the East Bay Daily Review, a newspaper of general circulation <br />published in the area of the CFD, a notice of public hearing in the form required by the Act <br />(publication to be complete at least seven days before the date set for the public hearing). <br /> <br />SECTION 6. The City Council intends that any Debt be callable (i.e., may be redeemed <br />or prepaid before maturity) in accordance with the Act. <br /> <br />SECTION 7. This resolution shall in no way obligate the City Council to form the CFD <br />or to issue the Debt. Issuance of Debt shall be subject to the approval of this City Council by <br />resolution following the holding of the public hearing referred to above. <br /> <br />SECTION 8. This resolution takes effect when adopted. <br /> <br /> <br />Introduced by _______ and passed and adopted this 18th day of July 2022, by the following <br />vote: <br /> <br />Members of the Council: <br /> <br />AYES: <br /> <br />NOES: <br /> <br />ABSENT: <br /> <br />ATTEST: <br /> Kelly B. Clancy, Acting City Clerk <br />