Laserfiche WebLink
8.A. - Page 29 <br /> reference is made to each such document for the complete details of all its respective terms and <br /> conditions. All statements herein with respect to such documents are qualified in their entirety <br /> by reference to each such document for the complete details of all of their respective terms and <br /> conditions. All statements herein with respect to certain rights and remedies are qualified by <br /> reference to laws and principles of equity relating to or affecting creditors' rights generally. <br /> Copies of the Indenture and the 2015 Installment Purchase Contract are available for inspection <br /> during business hours at the corporate trust office of the Trustee. <br /> The information and expressions of opinion herein speak only as of the date of this <br /> Official Statement and are subject to change without notice. Neither delivery of this Official <br /> Statement nor any sale made hereunder nor any future use of this Official Statement shall, <br /> under any circumstances, create any implication that there has been no change in the affairs of <br /> the Authority or the City since the date hereof. <br /> All financial and other information presented in this Official Statement has been <br /> provided by the Authority and the City from their records, except for information expressly <br /> attributed to other sources. The presentation of information, including the table of receipts from <br /> taxes and other revenues, is intended to show recent historic information and is not intended to <br /> indicate future or continuing trends in the financial or other affairs of the Authority or the City. <br /> No representation is made that past experience, as it might be shown by such financial and <br /> other information,will necessarily continue or be repeated in the future. <br /> Other Information <br /> This Official Statement speaks only as of its date and the information contained herein is <br /> subject to change without notice. Copies of the Indenture are available from the City upon <br /> written request to the City, 1017 Middlefield Road, Redwood City, CA 94063, Attention: Ms. <br /> Audrey Seymour Ramberg, Interim Director of Finance. The City may impose a charge for <br /> copying, mailing and handling expenses related to any request for documents. <br /> FINANCING PLAN <br /> The Bonds are being issued to (a) refund the 2006 Bonds, (b) fund a reserve fund for the <br /> Bonds, and (c)pay the costs of issuance of the Bonds. <br /> The 2006 Bonds were issued on March 1, 2006 to finance a portion of the costs of a water <br /> recycling project for the Enterprise (the "Recycling Project") in the principal amount of <br /> $26,000,000, of which $20,705,000 is presently outstanding. A portion of the net proceeds of the <br /> Bonds will be used, on the delivery date of the Bonds, to redeem the 2006 Bonds in full at a <br /> redemption price equal to 100% of the principal amount thereof, plus accrued interest to such <br /> date. <br /> -5- <br />