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.
Auto-generated summary. Source: official agenda documents.
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
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