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Res12 15227
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Res12 15227
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Last modified
11/8/2012 4:50:55 PM
Creation date
11/8/2012 4:50:55 PM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency
Date
11/5/2012
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11/05/2012 <br /> Underwriter — De La Rosa & Co <br /> Work with the City, financial advisor, bond counsel, and other members of the <br /> issuer's financing team in structuring the financing including recommending <br /> specific terms and conditions relating to the bonds the security for the bonds. <br /> Work with the issuer to create the most feasible and efficient structure for the <br /> bonds and to enhance their marketability. <br /> Assist the City's disclosure counsel in preparing drafts of the Official <br /> Statement(s) (preliminary and final versions, respectively) for sale of the bonds in <br /> accordance with the standards of Rule 15c2-12 of the Securities Exchange <br /> Commission and other applicable bond laws. The official statement is the <br /> primary disclosure document and will include a description of the bonds, the <br /> issuer, and pertinent financial and economic data relating to the Project, the <br /> Owners, the City, and the surrounding area. <br /> At the designated time for each sale of bonds, the underwriter will submit an offer <br /> to the issuer to purchase the bonds by way of a purchase contract. It is intended <br /> that once purchased, the bonds will be re-offered to the public on the basis of an <br /> immediate bona fide public offering. <br /> RESO. # 15227 <br /> MUFF#505 <br />
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