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8.3.C. - Page 6 ATTACHMENT 1 <br /> RESOLUTION NO. <br /> RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD <br /> CITY APPOINTING CONSULTANTS, PROVIDING AUTHORIZATION TO <br /> ENTER INTO CONTRACTS AND DIRECTING STAFF TO TAKE <br /> CERTAIN ACTIONS IN CONNECTION WITH THE REFUNDING OF <br /> OUTSTANDING PUBLIC FINANCING AUTHORITY WATER REVENUE <br /> BONDS, SERIES 2007A AND APPOINTING JONES HALL, A <br /> PROFESSIONAL CORPORATION, TO PROVIDE BOND DISCLOSURE <br /> TRAINING TO CITY STAFF AND CITY COUNCIL <br /> WHEREAS, the City of Redwood City (the "City") wishes to cause the City of <br /> Redwood City Public Financing Authority (the "Authority") to issue water revenue bonds <br /> (the "2017 Bonds") for the purpose of refinancing the outstanding City of Redwood City <br /> Public Financing Authority Water Revenue Bonds, Series 2007A (the "2007 Bonds") and <br /> the City's installment payment obligation related to the 2007 Bonds; and <br /> WHEREAS, the City Council desires to appoint William Euphrat Municipal <br /> Finance, Inc., San Francisco, California, as municipal advisor for the public offering of the <br /> 2017 Bonds; and <br /> WHEREAS, the City Council desires to appoint Jones Hall, A Professional Law <br /> Corporation, San Francisco, California, (a) as bond counsel for the public offering of the <br /> 2017 Bonds and (b) to provide bond disclosure training to City staff and the City Council <br /> in compliance with the City's Debt Disclosure Policies and Procedures; and <br /> WHEREAS, the City Council desires to appoint Quint & Thimmig LLP, San <br /> Francisco, California, as disclosure counsel for the public offering of the 2017 Bonds; and <br /> WHEREAS, the City Council wishes to direct City staff to prepare all necessary <br /> proceedings and documentation for the proposed refinancing. <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br /> Redwood City as follows: <br /> Section 1. The above recitals are true and correct. <br /> Section 2. The City Council hereby acknowledges receipt of the proposal of the <br /> firm of William Euphrat Municipal Finance, Inc. to act as municipal advisor to the City in <br /> connection with the issuance of the 2017 Bonds. The City Council hereby authorizes and <br /> directs the Assistant City Manager of Administrative Services to execute and deliver an <br /> agreement with said firm for its services; provided that: (a) the agreement is consistent <br /> with said firm's proposal heretofore submitted to the City and contains terms (including <br /> those regarding compensation) no less favorable to the City than as set forth in such <br /> proposal, and (b) any and all compensation to such firm under the agreement is payable <br /> solely from the proceeds of the 2017 Bonds. <br /> ATTY/RES0.0097/CC RESO WATER BOND REFUNDING <br /> REV: 10-14-16 JS <br /> Page 1 of 2 <br />