Adopt resolutions for variable rate wastewater revenue bonds and refinancing agreements
In Plain English
The city issues bonds to fund wastewater system improvements and operations. These resolutions authorize refinancing existing 2017 bonds at variable interest rates instead of fixed rates. If approved, the city can adjust rates based on market conditions, potentially reducing annual debt payments.
Auto-generated summary. Source: official agenda documents.
Votes
Adopt Resolution No. 71-17
6 to 0
Adopt Resolution No. 72-17
6 to 0
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