RES 91175 - Laserfiche WebLink

Exhibit A BID FORM SEALED PROPOSALS WILL BE RECEIVED ON TUESDAY, OCTOBER 15,1991, AT 1C.•00 A.M. AT THE OFFICES OF ORRICK, HERRINGTON & SUTCLIFFE, CONFERENCE ROOM A, 2ND FI,oOR, OLD FEDERAL RESERVE BANK BUILDING, 400 SANSOME STREET, SAN FRANCISCO, CAId- FORNIA, 94111. $5,570,000 City of Pleasanton, California 1991 Certificates of Participation (Capital Impmremeats) Evidencing and Representing a Fractional Undivided Interest of the Registered Owners Thereof in Base Rental Payments to be Made by the CITY OF PLEASANTON, CALIFORNIA to CITY OF PLEASANTON PUBLIC FACILTT>FS CORPORATION, Assignor BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION, Assignee TO: CITY OF PLEASANTON DATE: October 15, 1991 Ladies and Gentlemen: We oiler to purchase all, but not less than all, of the $5,570,000 principal amount of 1991 Certificates of Participation (Capital Improvements), more particularly described in your Official Notice of Sale, dated September 17, 1991, all of the terms and conditions of which are made a part hereof as though set forth is full ' in this proposal, at the par value thereof ) (leas a discount of $ L 9,'~ y (i • ~0 ) (strike out inapplicable clause) plus accrued interest to the date of delivery, said intertsf to be payable at the rates more particularly set forth below: Maturity Date Interest October 1 Rate 1992 ............................... G•3U% 1993 .............................. ~ •3 0 1994 .............................. ~~ 1995 .............................. y.~l-o 1996 ............................... ~-~ 0 1997 ............................... L.HG Maturity Date Interest October 1 Rate 1998 .............................. . ~ ~ 9b 1999 .............................. . 2000 .............................. . 2001 .............................. . U 2006 .............................. ~ 2011 .............................. .~~_ NOTE.• The interest rate bid represented by the Certificates maturing in each year must either be the same as or higher than the interest rate bid represented by the Certificates maturing in the preceding year. Our calculations of the net interest cost and net interest rate, which are considered to be informative only and not a part of the bid, are as follows: Total Interest . . . . . . ........................................ $ tl , '] 1 L, I S6.0 Q (Less Premium) ............................................ (- - -) lS Plus Discount .............................................. $ 6 q , t-I 90. / d Net Interest Cost ........................................... $ ~. 7 ~ 1, G N-s • /0 Net Interest Rate ........................................... ~ . 75 Z~16 A ~~ cashier's check, payable to the City of Pleasanton, is enclosed in the amount of $35,000.