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3/14/2016 <br /> RESOLUTION NO. 15479 <br /> RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD <br /> CITY APPOINTING CONSULTANTS, PROVIDING AUTHORIZATION <br /> FOR THE CITY MANAGER TO ENTER INTO CONTRACTS AND <br /> DIRECTING STAFF TO TAKE CERTAIN ACTIONS IN CONNECTION <br /> WITH THE REFUNDING OF OUTSTANDING CITY OF REDWOOD CITY <br /> COMMUNITY FACILITIES DISTRICT NO. 2010-1 (ONE MARINA) <br /> SPECIAL TAX BONDS SERIES 2011 <br /> WHEREAS, the City Council of the City of Redwood City (the "City Council") <br /> wishes to issue City of Redwood City Community Facilities District No. 2010-1 (One <br /> Marina) Special Tax Refunding Bonds, Series 2016 (the "2016 Bonds") for the purpose <br /> of refunding the outstanding City of Redwood City Community Facilities District No. <br /> 2010-1 (One Marina) Special Tax Bonds, Series 2011 (the "2011 Bonds"); and <br /> WHEREAS, the City Council desires to appoint William Euphrat Municipal <br /> Finance, Inc., San Francisco, California, as municipal advisor for the 2016 Bonds; and <br /> WHEREAS, the City Council desires to appoint Quint & Thimmig LLP, San <br /> Francisco, California, as bond counsel for the 2016 Bonds; and <br /> WHEREAS, the City Council desires to appoint Sidley Austin LLP, San <br /> Francisco, California, as disclosure counsel for the 2016 Bonds; and <br /> WHEREAS, the City Council desires to appoint Stifel, Nicolaus & Company, Inc. <br /> as underwriter for the 2016 Bonds; and <br /> WHEREAS, the City Council wishes to direct 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 <br /> OF REDWOOD CITY AS FOLLOWS: <br /> 1. The above recitals are true and correct. <br /> 2. The City Council hereby acknowledges receipt of the proposal of the firm of <br /> William Euphrat Municipal Finance, Inc. to act as municipal advisor to the City of <br /> Redwood City in connection with the issuance of the 2016 Bonds. The City Council <br /> hereby authorizes and directs the Interim Finance Director (or designee) to execute and <br /> deliver an agreement with said firm for its services; provided that: (a) the agreement is <br /> consistent with said firm's proposal heretofore submitted to the City of Redwood City <br /> and contains terms (including those regarding compensation) no less favorable to the <br /> City of Redwood City than as set forth in such proposal, and (b) any and all <br /> compensation to such firm under the agreement is payable solely from the proceeds of <br /> the 2016 Bonds. <br /> Page 1 of 2 <br /> ATTY/RES0.0018/CC RESO REFUNDING CFD 2010-1 APPOINTING CONSULTANTS RESO.#15479 <br /> REV:03-03-16 JS MUFF#506 <br />