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Utilities <br /> <br /> Pacific Gas and Electric Company provides natural gas and <br />electric power to the City. Pacific Bell provides telephone <br />service. Water is supplied by Alameda County Flood Control <br />Zone 7 and City wells. Sewer service is supplied by the <br />Dublin-San Ramon Services District. <br /> <br />Recreation <br /> <br /> The Alameda County Fairgrounds, which are located in the <br />center of the City include a race track, grandstand and <br />amphitheatre. The County Fair is held each July; the <br />facilities are used for the rest of the year by various <br />organizations. <br /> <br /> Twenty-six municipal parks include playing fields, pools, <br />tennis courts, playgrounds, meeting rooms and facilities for <br />arts and crafts classes. Other recreational facilities include <br />a nine-hole golf course. Shadow Cliffs Regional Park, which <br />adjoins the City's eastern boundary includes a sandy beach and <br />facilities for swimming, boating and fishing. It is operated <br />by the East Bay Regional Park District. <br /> <br /> LESSOR <br /> <br /> The City of Pleasanton Public Facilities Corporation is a <br />nonprofit California corporation. It was formed on June 4, <br />1973 for the purpose of providing assistance in the financing <br />of public buildings and facilities for the City. <br /> <br /> UNDERWRITING <br /> <br /> The Certificates are to be purchased by Rauscher Pierce <br />Refsnes, Inc., San Francisco, California (the "Underwriter"). <br />The Underwriter has agreed to purchase the Certificates at a <br />price equal to $ The initial public offering prices <br />set forth on the cover page may be changed by the Underwriter. <br />The Underwriter may offer and sell the Certificates to certain <br />dealers and others at prices lower than the public offering <br />prices set forth on the cover page hereof. The Contract of <br />Purchase between the City and the Underwriter provides That The <br />Underwriter will purchase all of the Certificates if any are <br />purchased. <br /> <br /> 46 <br /> <br /> <br />