Reso 2022-128 B Resolution to Incur Bonded Indebtedness for CFD No. 2022-1

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SECTION 4. The City Council hereby fixes Tuesday, September 6, 2022, at 6:30 p.m., as the time for a public hearing to be held by the City Council to consider the incurring of Debt to finance the acquisition and construction of the Facilities. The public hearing will be held in the City Council Chambers in the San Leandro City Hall, 835 East 14th Street, San Leandro, California 94577, with electronic and telephonic access provided as set forth in the agenda for the meeting. At the public hearing, any persons interested, including all taxpayers, property owners, and registered voters (if any) within the CFD, may appear and be heard on the proposed Debt or on any other matters set forth in this resolution, and they may present any matters relating to the necessity for incurring Debt to finance the acquisition and construction of the Facilities. The public hearing may be continued from time to time. SECTION 5. The Clerk shall give notice of the time and place of the public hearing by publishing once in the East Bay Daily Review, a newspaper of general circulation published in the area of the CFD, a notice of public hearing in the form required by the Act (publication to be complete at least seven days before the date set for the public hearing). SECTION 6. The City Council intends that any Debt be callable (i.e., may be redeemed or prepaid before maturity) in accordance with the Act. SECTION 7. This resolution shall in no way obligate the City Council to form the CFD or to issue the Debt. Issuance of Debt shall be subject to the approval of this City Council by resolution following the holding of the public hearing referred to above. SECTION 8. This resolution takes effect when adopted. Introduced by Councilmember Lopez and passed and adopted this 181h day of July 2022, by the following vote: Members of the Council: AYES: Councilmembers Aguilar, Azevedo, Ballew, Lopez, Simon and Mayor Cutter (6) NOES: None (0) ABSENT: Councilmember Cox ATTEST: 16 L� ��— F. a Kelly B. tlancy, Acting Cit Jerk RESOLUTION 2022-128 2 (1)