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File #: 25-2599    Version: 1
Status: Agenda Ready
File created: 7/18/2025 In control: City Council
On agenda: 8/5/2025
Title: Resolution of the City Council of the City of Riverside, California, authorizing the Issuance of Refunding Sewer Revenue Bonds of the City in an Aggregate Principal Amount Not-to-Exceed $165,000,000 and providing the Terms and Conditions of Such Bonds - Waive further reading - Approve Financing Team consisting of Finance, City Attorney, Public Works, NHA Advisors, as Municipal Advisor, BofA Securities, Inc., as Senior Underwriter and Cabrera Capital Markets as Co-Managing Underwriter, Stradling, Yocca, Carlson & Rauth LLP., as Bond and Disclosure Counsel, US Bank National Association as Escrow Agent & Trustee, Standard and Poor’s and Moody’s as Rating Agencies, and Carollo as Sewer Rate Consultant - Delegate to City’s Financing Team, at the time of Bond sale, the determination of specific maturities to be refunded - Upon closing of 2025A Refunding Sewer Revenue Bonds, authorize the Chief Financial Officer, or designee, to make necessary budget adjustments and/or appropriations to prope...
Attachments: 1. Report, 2. Resolution of Issuance, 3. Bond Purchase Agreement, 4. Escrow Agreement, 5. Preliminary Official Statement, 6. Presentation, 7. Notice