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WHEREAS, in accordance with Government Code Section 53360.4, the legislative body of the District determines that a negotiated sale of the Bonds to Piper Jaffray& Co. (the “Underwriter”)inaccordance with theterms of the Bond PurchaseAgreement forthe Bondstobe

entered intobythe District and the Underwriter(the “Bond Purchase Agreement”) willresultina

loweroverall cost to theDistrict thanapublic sale; and

WHEREAS, the legislative body of the District determines that it is prudent in the

management ofits?scal affairsto issue the Bonds; and

WHEREAS, thelegislative body of the District further wishesto approve the formof the

Preliminary Of?cial Statement withrespect to the Bonds(the “Preliminary Of?cial Statement”), presentedatthismeeting; and

NOW, THEREFORE, the City Council of the City ofBeaumont acting as the legislative bodyofCity ofBeaumont Community Facilities DistrictNo. 93-1 doeshereby resolve asfollows:

SECTION 1. Each of the above recitalsistrue andcorrect, as is each of the ?ndings and

determinations set forth therein,and each of saidrecitals,findings and determinationsisadopted

by the legislative body of the District.

SECTION 2. The issuance of the Bonds inan aggregate principal amount not to exceed

$3,000,000 ishereby authorized; andtheexact principalamount to be issued shall be determined

by the of?cer signing the Bond Purchase Agreement in accordance with Section5 below. The

Bonds shall mature on the dates and bear interest at the rates set forth in the Bond Purchase

Agreement to be executed on behalf of the District in accordance with Section 5hereof. The Bonds shall be governed by the terms and conditions of an Indenture of Trust dated as of

January 15, 1994,asamended and supplementedto date,including asamended and supplemented bytheThirty-Sixth Supplemental IndentureofTrust presentedatthis meeting(the“Supplemental

Indenture”), between the District and Wilmington Trust, National Association, as trustee. The SupplementalIndenture shall be executed by one or more of the Mayor, the City Manager, the

Assistant City Manager, orthe Finance Director of theCityor thewritten designee ofone of the

foregoing(collectively, the “Authorized Of?cers”) and attestedto bythe City Clerk, substantially

in theform presentedatthismeeting,with such additionstheretoand changes thereinastheof?cer

orofficersexecuting the same deemnecessary (a)to cure any ambiguityor defect therein,ifsuch addition or change does not materially alter the substance or content thereof, (b)to insert the offering price(s), interest rate(s), selling compensation, principalamount per maturity, redemption

dates and prices and such other related terms and provisions as limited by Section5 hereof,or

(c)to conform any provisions therein to the Bond Purchase Agreement or the Of?cial Statement

delivered to the purchasers of the Bonds. Approval of such changes shall be conclusively evidencedbythe execution and delivery of the Supplemental Indenture byone or more Authorized Of?cers. Capitalizedterms used in this Resolution whichare not de?ned hereinhave the meanings

ascribedto themin the Supplemental Indenture.

~ SECTION 3. The Bonds shall be executed on behalf of the District by the manual or

facsimilesignatureof theMayor and attested withthemanual or facsimilesignature of the City

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-I__-_IJ._-SECTION 4. The covenants set forth in the Supplemental Indenture above are hereby approved and shall be deemedto becovenants of theCityCouncil, inits capacity asthelegislative body of the District, and shall be complied with by the District and its of?cers.

SECTION 5. The form ofthe Bond PurchaseAgreement presented at this meeting and

the saleof the Bondspursuant theretoare hereby approved, provided that thetrue interestcost on

the Bonds doesnot exceed 5.125% and thediscountatwhich theUnderwriter purchases theBonds (exclusive of original issue discount) doesnot exceed2.00% of the principalamount thereof. Any

one oftheAuthorized Officersishereby authorizedto execute the BondPurchaseAgreement, with

such additions theretoand changes therein as the of?cer executing itmay approve, such approval

to be conclusively evidencedby the execution anddelivery of the Bond Purchase Agreement. Each of theMayor, orher designee, theCityManager, orhisdesignee,theAssistant City Manager,

orher designee, and the Finance Director,or her designee,is authorized to determine the dayon

which theBonds are tobepricedin orderto attempt to produce the lowest borrowing cost forthe District andmay rejectany terms presented by the Underwriterifdeterminednot to be in thebest interest ofthe District.

SECTION 6. Theformofthe Continuing Disclosure Certi?cate presentedat thismeeting

ishereby approved; and any one of the Authorized Of?cers ishereby authorized and directedto

execute the Continuing Disclosure Certi?cate in the formhereby approved, with such additions

therein and changes theretoas the Authorized Of?cer or Authorized Of?cers executing thesame

deemnecessary to cure any defector ambiguity therein if such change does not materially alter

the substanceor content thereof,with suchapprovaltobe conclusively evidencedbytheexecution and delivery of such Continuing Disclosure Certi?cate.

SECTION 7. In accordance with the requirements of Section 53345.8 of the Act, the

legislative body of the District hereby determines that the value of the real property in Improvement Area No. 7Bsubjectto thespecialtax to pay debt service on theBonds isnot less

than three(3) times theprincipalamount of theBonds and the principalamount ofall otherbonds

outstanding thatare securedbyaspecialtax leviedpursuant tothe Act, includingthe ParityBonds,

or a specialassessment leviedon property withinImprovement Area No. 7B. This determination

isbased on theassessedvalue of the realproperty withinImprovement Area 7Bas set forth in the

?scal year 2018-19 CountyAssessor’s roll.

SECTION 8. ThePreliminary Of?cial Statement, in substantiallythe fonn presentedto

this meeting and made a part hereof is hereby approved, with such changes, insertions and

omissions thereinasmay beapprovedbyany ofthe Authorized Of?cers,acting alone, andtheuse

of the Preliminary Of?cial Statement in connection with the offering and sale of the Bonds is hereby authorizedandapproved.The Authorized Of?cers are each hereby authorizedto certifyon

behalf ofthe District that the Preliminary Of?cial Statement is deemed ?nal as ofitsdate, within

the meaning ofRule 15c2-12 (except for the omission ofcertain ?nal pricing, rating and related information aspermittedbyRule 15c2-12).

SECTION 9. The preparation and delivery of

the

Of?cial Statement, and its use in

connection withthe offering and sale of the Bonds is hereby authorizedand approved.TheOf?cial

Statement shall be in substantially the form of the Preliminary Of?cial Statement, with such

changes, insertionsandomissions as may be approvedbyanAuthorized Of?cer, suchapprovalto 3

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