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07
City of Pleasanton
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2017
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020717
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07
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2/3/2017 12:46:45 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
2/7/2017
DESTRUCT DATE
15Y
DOCUMENT NO
07
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SECTION 10.06 Acquisition of Bonds by Authority All Bonds acquired by <br /> the Authority, whether by purchase or gift or otherwise, shall be surrendered to the Trustee for <br /> cancellation <br /> SECTION 10 07 Destruction of Cancelled Bonds Whenever provision is <br /> made for the return to the Authority of any Bonds which have been cancelled pursuant to the <br /> provisions hereof, the Authority may, by a Written Request of the Authority, direct the Trustee to <br /> destroy such Bonds and furnish to the Authority a certificate of such destruction. <br /> SECTION 10 08 Content of Certificates Every Certificate of the Authority <br /> with respect to compliance with any agreement, condition, covenant or provision provided herein <br /> shall include (a) a statement that the person or persons making or giving such certificate have <br /> read such agreement, condition, covenant or provision and the definitions herein relating thereto, <br /> (b) a brief statement as to the nature and scope of the examination or investigation upon which <br /> the statements contained in such certificate are based, (c) a statement that, in the opinion of the <br /> signers, they have made or caused to be made such examination or investigation as is necessary <br /> to enable them to express an informed opinion as to whether or not such agreement, condition, <br /> covenant or provision has been complied with, and (d) a statement as to whether, in the opinion <br /> of the signers, such agreement, condition, covenant or provision has been complied with <br /> Any Certificate of the Authority may be based, insofar as it relates to legal <br /> matters, upon an Opinion of Counsel unless the person making or giving such certificate knows <br /> that the Opinion of Counsel with respect to the matters upon which his certificate may be based, <br /> as aforesaid, is erroneous, or in the exercise of reasonable care should have known that the same <br /> was erroneous Any Opinion of Counsel may be based, insofar as it relates to factual matters <br /> information with respect to which is in the possession of the Authority, upon a representation by <br /> an officer or officers of the Authority unless the counsel executing such Opinion of Counsel <br /> knows that the representation with respect to the matters upon which his opinion may be based, <br /> as aforesaid, is erroneous, or in the exercise of reasonable care should have known that the same <br /> was erroneous <br /> SECTION 10 09 Publication for Successive Weeks Any publication <br /> required to be made hereunder for successive weeks in a Financial Newspaper may be made in <br /> each instance upon any Business Day of the first week and need not be made on the same <br /> Business Day of any succeeding week or in the same Financial Newspaper for any subsequent <br /> publication, but may be made on different Business Days or in different Financial Newspapers, <br /> as the case may be <br /> SECTION 10 10 Accounts and Funds, Business Days Any account or fund <br /> required herein to be established and maintained by the Trustee may be established and <br /> maintained in the accounting records of the Trustee either as an account or a fund, and may, for <br /> the purposes of such accounting records, any audits thereof and any reports or statements with <br /> respect thereto, be treated either as an account or a fund, but all such records with respect to all <br /> such accounts and funds shall at all times be maintained in accordance with the Tax Certificate <br /> and sound industry practice and with due regard for the protection of the security of the Bonds <br /> and the rights of the Holders Any action required to occur hereunder on a day which is not a <br /> Business Day shall be required to occur on the next succeeding Business Day <br /> -32- <br /> 2762680 2 <br />
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