The resolution authorizes the issuance of revenue bonds not to exceed $156.55 million for capital improvement plan projects, refunding a portion of the 2023B Bond Anticipation Notes, and refunding Series 2015B Bonds. The bonds will be issued through a competitive public market sale, with a 20-year maturity and a fixed interest rate.
Details
Subject
Bond Issuance and Refunding Bonds
Summary
The resolution authorizes the issuance of revenue bonds not to exceed $156.55 million for capital improvement plan projects, refunding a portion of the 2023B Bond Anticipation Notes, and refunding Series 2015B Bonds. The bonds will be issued through a competitive public market sale, with a 20-year maturity and a fixed interest rate.