RES 94045A - Laserfiche WebLink

books, or, upon the written request from any Owner of any Bond in a denomination of, or Bonds aggregating, at (east $1,000,000, received on or prior to the applicable Record Date, by wire transfer. Interest on this Bond shall be payable in lawful money of the United Stales of America and shall be calculated on the basis of a 360-day year consisting of twelve 30-day months. This Bond is one of a duly authorized issue of bonds of the Authority designed as its "Pleasanton Joint Powers Financing Authority Refunding Water and Sewer Revenue Bonds, 1994 Series A (the "Bonds"), in the aggregate principal amount of dollars ($), all of like tenor and date (except for such variations, if any, as may be requved to designate varying numbers, maturities and interest rates), and is issued under and pursuant to the provisions of a trust agreement, dated as of May 1, 1994 (the "Trust Agreement"), between the Authority and the Trustee (espies of which are on file at the office of [he Secretary of the Authority and at the corporate trust office of the Trustee). The Bonds are issued to provide funds to refinance certain public capital improvements (the "Project") m the City of Pleasanton (the "City"). The Bonds are limited obligations of the Authority and are payable, as to interest thereon and principal solely from the revenues (the "Revenues") derived from installment payments (the "Installment Payments") paid by the City pursuant to two installment purchase contracts, each dated as of May 1, 1994 (collectively, the "Installment Purchase Contracts"), between the Authority and the City. All the Bonds are equally and ratably secured in accordance with the terms and conditions of the Trust Agreement by a pledge of the Revenues, which Revenues shall be held in trust for the security and payment of the interest on, principal of and redemption premiums, if any, on the Bonds as provided in the Trust Agreement. The Bonds shall be limited obligations of the Authority and shall be payable solely from the Revenues and amounts on deposit in the funds and accounts established under the Trust Agreement (other than amounts on deposit in the Rebate Fund). The Bonds do not constitute a debt or liability of the City, the State of California, or any of its political subdivisions, and neither the faith and credit of the City, the State of California, nor any of its political subdivisions are pledged to the payment of the principal of or interest on the Bonds. Copies of the Trust Agreement are on file at the principal corporate trust office of the Trustee in San Francisco, California and reference is hereby made to the Trust Agreement and to any and all amendments thereof and supplements thereto for a description of the agreements, wnditions, covenants and terms securing the Bonds, for the nature, extent and manner of enforcement of such agreements, conditions, covenants and terms, for the rights and remedies of the Owners of the Bonds with respect thereto and for [he other agreements, conditions, covenants and terms upon which the Bonds are executed and delivered thereunder. To the extent and in the manner permitted by the terms of the Trust Agreement, the provisions of the Trust Agreement may be amended or supplemented in writing by the parties thereto (in certain instances without the consent of the Owners of Bonds), but no such amendment or supplement shall (i) reduce the rate of interest evidenced hereby or extend the time of payment of such interest or reduce the amount of principal hereof or extend the Maturity Date hereof without the prior written consent of the Owner hereof, or (ii) reduce [he percentage of Owners of A-2 sna~o~z.ui