Amend 2005 pension bond agreement terms
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.
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Votes
Adopt Resolution No. 60-07
PassedSimilar Discussions
5 related items found by meaning
Refinance $146 million pension debt to eliminate costly interest rate swaps
Receive update on city's pension obligation bonds
Hire financial advisors to refinance $130 million in city pension bonds
Issue $170 million pension refunding bonds to replace 2005 debt
Issue pension bonds to pay down city retirement debt
The Story So Far
7 prior discussions on this topic
Setting Tax Rate for the Pension Tax Override Fund for Fiscal Year 2026-27
23rd Street Ciclovía Pilot Project
Annual Public Hearing on Vacancies
Investment and Cash Balance Report, Monthly Overtime Reports, Documentary Transfer Tax Report, and Other Post-Employment Benefits (OPEB) and Pension Report for the month of April 2026
Amendments to Position Control List
CONFERENCE WITH LABOR NEGOTIATORS (Government Code Section 54957.6)
Annual Public Hearing on Vacancies
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