Extend swap advisor contract by $40,000 to help refinance $130 million pension bonds
In Plain English
The city owes $130 million in pension bonds that must be refinanced by 2023. The city also faces a $22 million termination fee on a related financial agreement. KPM provides specialized expertise to navigate these complex financial instruments and minimize costs to taxpayers.
Auto-generated summary. Source: official agenda documents.
Similar Discussions
5 related items found by meaning
Receive update on refinancing $130 million pension debt from 2005
Hire financial advisors to refinance $130 million in city pension bonds
Refinance $146 million pension debt to eliminate costly interest rate swaps
Receive update on refinancing $130 million pension obligation bonds
Hire actuarial firm to analyze pension tax revenues for bond refinancing
The Story So Far
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