Reso 1996-121 to 125 - Laserfiche WebLink

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proper disclosure of all material facts relating to such bonds that are in the personal knowledge of the Councilmembers and City staff; and WHEREAS, all conditions, things and acts required to exist, to have happened and to have been performed precedent to and in the issuance of said bonds and the levy of said special assessment as contemplated by this Resolution and the documents referred to herein exist, have happened and have been performed in due time, form and manner as required by the laws of the State of California, including the Bond Law; NOW, THEREFORE, IT IS HEREBY ORDERED as follows: Section 1. Unpaid Assessments. The assessments that remain unpaid are as shown on the List of Unpaid Assessments, which is hereby approved and incorporated herein by this reference. The total amount of the unpaid assessments is not to exceed $481,110. For a particular description of the lots, pieces and parcels of land bearing the respective assessment numbers set forth in the List of Unpaid Assessments, reference is hereby made to the assessment and to the diagram, and any amendments thereto approved by this Council, all as recorded in the office of the Superintendent of Streets of the City. Section 2. Bonds Authorized. Pursuant to the Bond Law, this Resolution and the Fiscal Agent Agreement (hereafter defined), improvement bonds of the City for the District designated as "Limited Obligation Improvement Bonds, City of San Leandro, Seismic Retrofit Assessment District No. 96-2 (the "Bonds") in an aggregate principal amount not to exceed $481,110 are hereby authorized to be issued. Section 3. Fiscal Agent Agreement. The proposed form of Fiscal Agent Agreement (the "Fiscal Agent Agreement") with respect to the Bonds in the form presented to this Council at this meeting, is hereby approved. The City Manager or the Finance Director or such other official of the City as may be designated by the Council (the "Authorized Official") is hereby authorized and directed to execute and deliver the Fiscal Agent Agreement in substantially said form, with such additions thereto or changes therein as are approved by the Authorized Official upon consultation with Jones Hall Hill & White, A Professional Law Corporation, the City's