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EXHIBIT 2 <br />Section 4. The Successor Agency hereby approves the 2011 Agreement in <br />substantially the form attached hereto as Exhibit A and incorporated herein. <br />Section 5. The Successor Agency hereby approves the 2011 Bond Spending <br />Plan in substantially the form attached hereto as Exhibit B and incorporated herein. The <br />Successor Agency acknowledges that, pursuant to the terms of the 2011 Agreement, the <br />City may amend the 2011 Bond Spending Plan, subject to compliance with all applicable <br />bond covenants. <br />Section 6. The City Manager and Clerk of the Council are hereby authorized <br />and directed as follows: <br />A. Execute the 2011 Agreement substantially in the form presented herewith with <br />such changes, insertions and omissions as may be approved by the City <br />Manager and City Attorney, said execution being conclusive evidence of such <br />approval; <br />B. Transfer all Excess Bond Proceeds to the City for use by the City in accordance <br />with the 2011 Agreement and the 2011 Bond Spending Plan. <br />Section 7. This Resolution shall take effect immediately upon its adoption by <br />the Successor Agency, and the Clerk of the Council shall attest to and certify the vote <br />adopting this Resolution. <br />Resolution 2018 -XXX <br />Page 4 of 7 <br />[Signatures on subsequent page] <br />.O <br />