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6.2.C. - Page 4 <br /> De La Rosa & Co., underwriter $ 68,814' <br /> Total Costs $203,814 <br /> The City will not be liable for any of these expenses. All expenses associated with the <br /> refunding will be paid from the proceeds of the refunding bonds, surplus special tax <br /> amounts on deposit, and the bond's debt service reserve fund balance. <br /> The City will also charge a fee to reimburse the general fund for all costs incurred in <br /> connection with this transaction. <br /> Refunding bonds sold by the City will be limited obligations of the City secured solely by <br /> the special tax lien against the property comprising the Redwood Shores Community <br /> Facilities District. There will be no City guarantee or responsibility to pay any of the <br /> debt service or related costs. <br /> ENVIRONMENTAL REVIEW <br /> N/A <br /> � <br /> � �^-- <br /> BRIAN PONTY <br /> DIRECTOR OF FINANCE <br /> �� <br /> ROBERT B. BELL <br /> CITY MANAGER <br /> ATTACHMENTS <br /> 1. Resolution appointing consultants in connection with refunding the bonds <br /> 2. Responsibilities of the members of the financing team <br /> RELATED DOCUMENTS IN THE CITY CLERK'S OFFICE <br /> None <br /> 1 Assuming $10,935,000 of refunding bonds will be sold. The actual fee may vary depending <br /> upon the amount of refunding bonds sold. <br />