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Section 10. Beneficiaries . This Disclosure Certificate inures solely to the <br /> benefit of the City, the Authority, the Dissemination Agent, the Participating Underwriter <br /> and holders and beneficial owners from time to time of the Bonds, and creates no rights <br /> in any other person or entity. <br /> Dated : November 24, 2015 CITY OF REDWOOD CITY <br /> By: bt A G� ✓µ /�1C L <br /> Aud'rey Ramberg <br /> Director of Finance <br /> • <br /> -5- <br />