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$4,125,000
TUSTIN PUBLIC FINANCING AUTHORITY
Water Revenue Bonds, Series 2024
(Subordinate Lien)
INCUMBENCY AND SIGNATURE CERTIFICATE — CITY
The undersigned hereby state and certify:
2/7/24
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(i) that the undersigned are the duly elected or appointed, qualified and acting
Mayor and City Clerk, respectively, of the City of Tustin, a municipal corporation and general
law city duly organized and existing under the laws of the State of California (the "City"), and
as such, are familiar with the facts herein certified and are authorized and qualified to certify
the same on behalf of the City;
(ii) that the following are now, and have continuously been since the dates of
beginning of their respective current terms of office set forth below, the duly elected or
appointed, qualified and acting members of the City Council of the City, and the dates of the
beginning and ending of their respective current terms of office are hereunder correctly
designated opposite their names:
Board of Directors
Austin Lumbard, Mayor
Ryan Gallagher, Mayor Pro Tem
Letitia Clark
Rebecca Gomez
Ray Schnell
Beginning Date
of Current Term
December, 2022
December, 2020
December, 2020
December, 2020
December, 2022
Ending Date
of Current Term
December, 2026
December, 2024
December, 2024
December, 2024
December, 2026
(iii) that the signatures set forth opposite the names and titles of the following persons
are the true and correct specimens, or are the genuine signatures of such persons, each of whom
holds the position designated below:
Name and Title Signature
Austin Lumbard, Mayor
Nicole Bernard, City Manager
Erica N. Yasuda, City Clerk
Jennifer King, Finance DirectorlTreasurer
(v) that for and on behalf of the City, the within -named City Manager has executed
each of the following documents:
(a) Installment Sale Agreement, dated as of February 1, 2024, by and between
the Tustin Public Financing Authority (the "Authority"), as seller and the
City, as purchaser, and
(b) Placement Agent Agreement, dated as of February 1, 2024, by and among
the Authority, the City and Stifel, Nicolaus & Company, Incorporated, as
placement agent; and
(v) and, that for and on behalf of the City, the within -named Finance
Director/Treasurer has executed the Commitment Agreement, dated February 7, 2024, by
Capital One Public Funding, LLC, as purchaser, as accepted by the City and the Authority.
Dated: February 14, 2024 CITY OF TUSTIN
By
Aus ` umbard,
_ . Mayor
By L x,
Erica Ibl. Yasuda,
City Clerk
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