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<br />1-19-17 Jones Hall Draft <br /> <br />$___________ <br />CITY OF REDWOOD CITY PUBLIC FINANCING AUTHORITY <br />WATER REVENUE REFUNDING BONDS, SERIES 2017 <br /> <br />BOND PURCHASE AGREEMENT <br /> <br /> <br />_____, 2017 <br /> <br /> <br />City of Redwood City Public Financing Authority <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br /> <br />City of Redwood City <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br /> <br />Ladies and Gentlemen: <br /> <br />The undersigned, __________ (the “Underwriter”), offers to enter into this Bond <br />Purchase Agreement (this “Bond Purchase Agreement”) with the City of Redwood City Public <br />Financing Authority (the “Authority”) and the City of Redwood City (the “City”), which will be <br />binding upon the Authority, the City and the Underwriter upon the acceptance hereof by the <br />Authority and the City. This offer is made subject to its acceptance by the Authority and the City <br />by execution of this Bond Purchase Agreement and its delivery to the Underwriter on or before <br />5:00 p.m., California time, on the date hereof. All terms used herein and not otherwise defined <br />shall have the respective meanings given to such terms in the Indenture and the Installment <br />Purchase Contract (as those terms are hereafter defined). <br /> <br />1. Purchase and Sale. Upon the terms and conditions and upon the basis of the <br />representations, warranties and agreements hereinafter set forth, the Underwriter hereby <br />agrees to purchase from the Authority for offering to the public, and the Authority hereby agrees <br />to sell to the Underwriter for such purpose, all (but not less than all) of the $___________ <br />aggregate principal amount of the above-captioned bonds (the “Bonds”), at a purchase price <br />equal to $________, being the aggregate principal amount thereof less an underwriter’s <br />discount of $______ and less an original issue discount of $_______. <br /> <br />2. Description of Bonds; Purpose of the Bonds; Security for the Bonds; <br />Security for the Installment Payments. <br /> <br />(a) Description of the Bonds. The Bonds shall be issued pursuant to an Indenture of <br />Trust, dated as of ___ 1, 2017 (the “Indenture”) by and between the Authority and U.S. Bank <br />National Association, as trustee (the “Trustee”), and pursuant to the Marks-Roos Local Bond <br />Pooling Act of 1985 (commencing with Section 6584 of the California Government Code) (the <br />“Bond Law”). The Bonds shall be as described in the Indenture and the Official Statement <br />(described below). <br /> <br />8.C. - Page 223