DRAFT
6/26/2025
4134-6582-7932.4
CERTIFICATE AND CONSENT OF BOND INSURER
______, 2025
The undersigned, a duly authorized signatory of Assured Guaranty Municipal Corp. (the “Bond Insurer”), as issuer of the municipal bond insurance policy related to the Fresno Joint Powers Financing Authority Lease Revenue Bonds (Public Safety Projects) (the “Bonds”), hereby certifies as follows:
1. The Bonds have been issued pursuant to the Master Trust Agreement, dated as of April 1, 2008, as heretofore amended and supplemented (the “Trust Agreement”) , between the Fresno Joint Powers Financing Authority (the “Authority”) and The Bank of New York Mellon Trust Company, N.A., as successor trustee (the “Trustee”).
2. The Bond Insurer does hereby approve the release of the Withdrawn Property from the Facilities, as described in Exhibit A of the Amendment to Master Facilities Lease, dated as of _________, 2025, and Exhibit A to the Amendment to Master Facilities Sublease, dated as of _________, 2025.
3. Capitalized terms used herein and not otherwise defined shall have the meaning ascribed thereto in the Trust Agreement.
(Remainder of Page Intentionally Left Blank)
2 4134-6582-7932.4
IN WITNESS WHEREOF, the undersigned has executed and delivered this Certificate and Consent of Bond Insurer on the date first written above.
ASSURED GUARANTY MUNICIPAL
CORP.
By:
Authorized Representative