4. Recommended by Financial Services Organization Approval of Authorization to Enter into a First Amendment to Second Amended and Restated Standby Bond Purchase Agreement (SBPA) and the Related Third Amended and Restated Fee Agreement with Bank of America Under Resolution No. 5051. The proposed SBPA with Bank of America will have a term of approximately three and a half years effective May 2, 2024. The commitment fee rate of 15 basis points or 0.150 percent per annum will yield fees of approximately $332,000 per year or a total of $1,162,000 over the three and a half year term. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).