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The Underwriter reserves the right to join with dealers and other underwriters in offering the Bonds to the <br />public. The Underwriter may offer and sell Bonds to certain dealers (including dealers depositing Bonds into <br />investment trusts) at prices lower than the public offering prices, and such dealers may re -allow any such discounts <br />on sales to other dealers. hi reoffering Bonds to the public, the Underwriter may over -allocate or effect <br />transactions which stabilize or maintain the market prices for Bonds at levels above those which might otherwise <br />prevail. Such stabilization, if commenced, may be discontinued at any time. <br />ADDITIONAL INFORMATION <br />Any statements in this Preliminary Official Statement involving matters of opinion, whether or not <br />expressly so stated, are intended as such and not as representations of fact. This Official Statement is not to be <br />construed as a contract or agreement between the Authority and the purchasers or Owners of any of the Bonds. <br />The execution and delivery of this Official Statement have been authorized by the members of the <br />Authority. <br />SANTA ANA PUBLIC FINANCING <br />AUTHORITY <br />By: <br />President <br />CITY OF SANTA ANA <br />By: <br />City Manager <br />E9] <br />