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Title:
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Recommend City Council approve issuance of up to $165 million of fixed rate Refunding Electric Revenue Bonds to refund all or a portion of the outstanding 2013A Refunding Electric Revenue Bonds, 2008A Variable Rate Refunding Electric Revenue Bonds, 2008C Variable Rate Refunding Electric Revenue Bonds and 2011A Variable Rate Refunding Electric Revenue Bonds, and to pay all or a portion of the swap termination costs associated with any of the refunded Variable Rate Bonds by: (1) approving City’s Financing Team for transaction and authorize Chief Financial Officer or any duly authorized designee to pay costs of such firms in connection with issuance of the 2023 Refunding Electric Revenue Bonds from bond proceeds; (2) conducting a public hearing to consider issuance of 2023 Refunding Electric Revenue Bonds in an amount not-to-exceed $165 million; (3) adopting a resolution authorizing issuance of 2023 Refunding Electric Revenue Bonds; (4) delegating to City's Financing Team, at the time of ...
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Indexes:
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CCT – Community Trust, CCT – Equity, CCT – Fiscal Responsibility, CCT – Innovation, CCT – Sustainability & Resiliency, SP 5 – High Performing Government, Strategic Goal 5.4
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