Adopt annual policy governing interest rate swap agreements
In Plain English
The city uses interest rate swaps to manage borrowing costs on municipal bonds and debt. Federal law requires cities to review and formally approve their swap policies each year. The policy sets rules for when the city can enter these financial agreements and how much risk it can take.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
PassedCommunity Discussion
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Similar Discussions
5 related items found by meaning
Adopt annual policy governing interest rate swap agreements
Adopt swap policy for fiscal year 2020-21
Approve debt and financial swap policies for fiscal year 2018-19
Adopt financial policies governing city debt, investments, and cash reserves
Adopt debt policy setting rules for city borrowing in fiscal year 2021-2022
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