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Page 7 of 7 <br />Not applicable, as this item is an administrative matter of City business. <br /> <br />OUTREACH <br />No outreach was conducted, as this item is an administrative matter of City business. <br /> <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this action aligns with the ONE Pleasanton Strategic Plan goal of Investing in Our <br />Environment, Strategy 3 - Identify funding and implement the recommendations from the <br />Water Supply Alternative Study to resolve PFAS water quality issues. <br /> <br />FISCAL IMPACT <br />The current estimates indicate that the par value of the Bonds will not exceed $19 million. The <br />Bonds are projected to have a true interest cost of 4.10% in today’s market. The issuance <br />costs are estimated to be $233,337. The principal and interest payments, together, on the <br />Bonds will be approximately $1.12 million each fiscal year until final maturity. Debt service is <br />expected to total approximately $33.4 million over the next 30 years. <br /> <br />Prepared by: Submitted by: Approved by: <br /> <br />Susan Hsieh, Director of <br />Finance <br />Susan Hsieh, Director of Finance <br /> <br />Gerry Beaudin, City <br />Manager <br /> <br />Attachments: <br />1. Resolution <br />2. Installment Sale Agreement <br />3. Bond Purchase Agreement <br />4. Preliminary Official Statement <br /> <br />Page 216 of 448Page 225 of 557