Adopt swap policy for fiscal year 2020-21
Resolution 135-20
In Plain English
The city needs a formal policy governing financial swaps, which are agreements to exchange payment streams with other parties. This policy sets rules for when and how the city can enter swap agreements. If approved, it establishes guidelines to protect taxpayers from excessive financial risk.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
7 to 0
Similar Discussions
5 related items found by meaning
Adopt annual policy governing interest rate swap agreements
Adopt annual policy governing interest rate swap agreements
Approve debt and financial swap policies for fiscal year 2018-19
Adopt financial policies governing city debt, investments, and cash reserves
Adopt updated financial policies for city debt, investments, pensions, and swaps
The Story So Far
Related items from other meetings
Hire NBS to analyze fiscal impact of public safety charter amendment
Accept $790,693 grant to plan Richmond Greenway Gap Closure
Approve on-call audit contracts for financial and grant audits
Approve sewer service charges for 2026-27 tax rolls
Approve stormwater utility agreement with county flood district
Approve 3% assessment increase for Hilltop landscape district
Approve emergency response survey findings and begin ballot planning
Approve city spending plan and 5-year construction plan
Adopt city spending limit for 2026-27
Raise Marina Bay landscaping fees by 3%