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Page 6 of 6 <br />bond issuer to enforce the terms of a bond indenture. <br />Financing Schedule <br />9/15/2026 City/Authority each adopts Resolution authorizing Bond Issuance <br />9/29/2026 Pricing - Bonds sold and interest rates established <br />10/13/2026 City receives Bond proceeds <br /> <br /> <br />OUTREACH <br />No outreach was conducted, as this item is an administrative matter of City business. <br /> <br />FISCAL IMPACT <br />The current estimates indicate that the par value of the Bonds will not exceed $16.5 million. <br />The Bonds are projected to have a true interest cost of 4.29 percent in today’s market. The <br />issuance costs are estimated to be $264,400. The principal and interest payments, together, <br />on the Bonds will be approximately $1.00 million each fiscal year until final maturity. Debt <br />service is expected to total approximately $24.65 million over the next 25 years. <br /> <br />RECOMMENDATION <br />Adopt the attached resolution (Attachment 1) authorizing the execution and delivery of an <br />Indenture of Trust, an Installment Sale Agreement, a Bond Purchase Agreement, and a <br />Preliminary Official Statement (Attachments 2-5) and authorizing certain related matters <br />regarding the Pleasanton Joint Powers Financing Authority 2026 Water Revenue Bonds. <br /> <br />Prepared by: Submitted by: Approved by: <br /> <br />Susan Hsieh, Director of <br />Finance <br />Susan Hsieh, Director of Finance <br /> <br />Joe Calabrigo, Interim <br />City Manager <br /> <br />Attachments: <br />1. Attachment 1 Resolution <br />2. Attachment 2 Indenture of Trust <br />3. Attachment 3 Installment Sale Agreement <br />4. Attachment 4 Bond Purchase Agreement <br />5. Attachment 5 Preliminary Official Statement <br />6. Attachment 6 Presentation Slides <br /> <br />Page 8 of 205