Amend 2005 pension bond agreement terms

Labor & City WorkersBudget

In Plain English

The city issued these bonds in 2005 to help fund employee pensions. The original agreement included specific terms about how the bonds work. The city now needs to adjust some of these terms, though the specific changes are not detailed in available documents.

Auto-generated summary. Source: official agenda documents.

Votes

Adopt Resolution No. 60-07

Moved by: Councilmember ViramontesSeconded by: Councilmember Marquez
Passed