Laserfiche WebLink
Section 3. The City or such other entity of the City reasonably expects to reimburse <br />all or a portion of the Expenditures with the proceeds of the Obligations. <br />Section 4. The maximum principal amount of the Obligations is $6,000,000. <br />Section 5. This Resolution is a declaration of official intent to reimburse <br />expenditures pursuant to Treasury Regulations Section 1.150-2. <br />Section 5. CSG Advisors, Incorporated, San Francisco, is hereby designated as <br />financial advisor in connection with the issuance of the Obligations. <br />Section 6. Stone & Youngberg LLC, San Francisco, Califomia, is hereby <br />designated as underwriter in connection with issuance of the Obligations. <br />Section 7. Quint & Thimmig LLP, San Francisco, California, is hereby designated <br />as bond counsel and disclosure counsel in connection with issuance of the Obligations. <br />Section 8. All actions of the officers, agents and employees of the City that are in <br />conformity with the purposes and intent of this Resolution taken before the adoption hereof <br />are hereby ratified, confirmed and adopted. <br />Section 9. Adoption of this resolution does not constitute a final approval of the <br />Obligations. Such approval shall require subsequent action by the Council or by the <br />governing board of such other City entity issuing the Obligations, including a review and <br />approval of any financing documents prepared in connection therewith. <br />Section 10. Appropriate officers and officials of the City are hereby authorized and <br />directed to take such action and to execute such documents as may be necessary or <br />desirable to effectuate the intent of this resolution. <br />Section 11. This Resolution shall be in full force and effect immediately upon its <br />adoption. <br />Section 12. This Resolution shall take effect immediately upon its adoption by <br />the City Council, and the Clerk of the Council shall attest to and certify the vote adopting <br />this Resolution. <br />ADOPTED this 2nd day of Au ust, 2010. <br />Resolution No. 2010-039 <br />Page 2 of 3 <br />